Connect with us

society

Naira Redesign: El‐Rufai Dares Buhari

Published

on

Naira Redesign: El-Rufai Explains Why Emefiele Is A Saboteur

Disregard Buhari continue using all old notes…El-Rufai declares in Kaduna
State Broadcast by Malam Nasir El-Rufai, Governor of Kaduna State, 16th February 2023.

 

 

 

 

 

My dear people of Kaduna State,

 

Naira Redesign: El‐Rufai Dares Buhari

 

1. With just about 100 days before leaving office, and elections just round the corner, it was my intention to host another media chat to interact with the people of our state in the next few days. While I still hope to do so, I feel the need to address you all today due to the unprecedentedly cruel situation our people and their livelihoods have been thrown into, particularly in the last two to three weeks by the decisions, actions and inactions of the Federal Government of Nigeria.

 

 

 

 

 

 

 

 

2. On behalf of the government of Kaduna State, I wish to express my deepest regret at the needless suffering you are enduring as a result of the prolonged fuel shortage and the difficulties occasioned by the so-called “currency redesign” policy of the Central Bank of Nigeria. We understand your pain. I assure you that as your State Governor, I have been working with my other colleagues to do everything in our power to end these pains.

 

 

 

Naira Redesign: El‐Rufai Dares Buhari

 

 

 

 

3. While publicly supporting what appeared to be a beneficial policy, we innocently engaged privately with the President and the leadership of the Central Bank of Nigeria to review the implementation of the policy so as to reduce its negative impact on the lives and livelihoods of our people, and end the pain being inflicted on citizens. In the absence of any progress to modify implementation on the part of the architects, we were forced to go public about two weeks ago, with our concerns and demand that this suffering must stop.

4. We take seriously our duty to protect ordinary people from the consequences of these policy fiascos. The sad fact is that the victims of these mindless policies are the people that elected us. It is their welfare that is being threatened. Many of our people have been left in a situation where the money they put in banks has literally been confiscated, depriving them of the ability to buy food and basic necessities. Our traders cannot sell as much as they used to because their customers have no access to their hard-earned money.

5. We have been officially informed that the currency redesign policy is to reduce money laundering and render useless stashes of high denomination Naira that many politicians and public officers have accumulated through corruption and other illicit activities. As earlier stated, we are fully in support of such a policy and we made this public from the beginning.

6. We had privately expressed concerns about the timing of the currency design policy and the unrealistic timeline for its implementation. We were assured that all steps have been taken to ensure that we avoid the recent experience of India, where implementation of a similar demonetisation policy targeted at politicians ended up hurting the poorest and small businesses the most.

7. In official briefings to the President, the Central Bank of Nigeria constantly alluded to the fact that the policy also targets politicians who have accumulated a huge war chest for vote buying during the elections. It is now clear that the President has been deceived by the Central Bank of Nigeria and some elements in his government into buying into this overarching narrative, in the name of ensuring free and fair elections in 2023.

8. It is important for the people of Kaduna State, and indeed Nigeria, to know that contrary to the public pronouncements and apparent good intentions, this policy was conceived and sold to the President by officials who completely lost out in the Gubernatorial and Presidential Primaries of the APC in June 2022.

9. Once Asiwaju Bola Tinubu emerged as the candidate in June 2022, and subsequently did not pick one of them as his running mate, this currency redesign policy was conceived to ensure that the APC presidential candidate is deprived of what they alleged is a humongous war chest. They also sought to achieve any one or more of following objectives:

a. Create a nationwide shortage of cash so that citizens are incited to vote against APC candidates across the board resulting in massive losses for the Party in all the elections;

b. Ensure that the cash crunch is so serious, along with the contrived and enduring fuel shortage existing since September 2022, that the 2023 Elections do not hold at all, leading to an Interim National Government to be led by a retired Army General;

c. Sustain the climate of shortage of fuel, food and other necessities, leading to mass protests, violence and breakdown of law and order that would provide a fertile foundation for a military take-over;

10. In the pursuit of these objectives, the Central Bank of Nigeria and these other disgruntled Federal officials have so far convinced the President that it is fine for ordinary citizens to be dispossessed of their hard-earned money, and starved if need be, while small and medium-sized businesses are deprived of access to their capital, thereby bringing trade and exchange to a grinding halt. All our efforts to modify implementation of the policy to avoid what we assumed were unintended consequences were unsuccessful. I chose to speak out first as one person that has been particularly close to the President, believing that his actions were motivated by innocence, and mindful of his legacy. I have no regrets for doing my duty in this regard. One day, the President will appreciate what some of us are being insulted for today.

11. Yet, the politicians that the officials have convinced the President to regard as the real targets of the currency redesign policy have not been impeded in any way by it so far. Indeed, two of the presidential candidates, and a running mate of the opposition parties own or have preferred access to some of the licensed banks. For that reason and by various clandestine arrangements, these politicians have access to hundreds of millions of these new notes, while the traders, merchants, students and other citizens are queuing for days to withdraw a few thousand Naira just to buy food and necessaries.

12. Within two to three weeks of implementation, it was clear to everyone that the architects of this policy can see that it is our people that are being terribly affected, and not the politicians. It is quite unfortunate that many politicians who either own banks or have privileged access to money are so insulated from the pains of talakawa that they are recklessly endorsing a policy that is being badly implemented.

13. I am referring here to the comments by the candidate of one of the opposition parties who expressed opposition to the recommendation first of the APC state governors, and subsequently of all the governors under the auspices of the Nigeria Governors Forum that the implementation timeline be extended, to enable the old and new notes to be legal tender side by side until the cash shortage ends.

14. My dear people of Kaduna State. Let me explain how the architects of this policy intentionally designed it to fail. The total currency in circulation in Nigeria was estimated at N3.2 trillion at the end of 2022. According to the Central Bank of Nigeria, N2.1 trillion has been withdrawn as at early February. The CBN claimed that N700bn is the amount of cash needed for their functioning vision of a “cash-less” Nigerian economy. The Chief Economic Adviser to the President, Dr. Doyin Salami disagrees with this estimate, and believes at least N2 trillion of currency needs to be in circulation for our economic sustainability. Other experts variously estimate this to be between N1.2 trillion and above, so the CBN number of N700bn is not realistic.

15. The CBN informed the President at the very beginning that the Mint (NSPMC) has enough capacity to print the needed currency in circulation within the 6-week timeframe for the so-called ‘cash swap’. By its own admission, only N400bn worth of new notes had been printed for CBN as at early February.The current cash shortage was therefore designed from the beginning, the President was lied to about the domestic capacity of the Mint to print, and even if the announced N700bn was printed, it would have been grossly inadequate anyway. Imagine then printing only N400bn, and making most of it unavailable to the banks but passed to favoured entities through special arrangements. How can the CBN collect N2.1 trillion from citizens and print only N400bn? Is this not a clear case of economic sabotage?

16. It is bad economics to so curtail economic activity and the velocity of circulation of money. It is also insensitive to deliberately cause cash shortage and then seek to instigate the public against the mostly innocent commercial banks. Even the most honest and prudent action by banks cannot magically make N400bn to look like N2.1 trillion, or have the same spread and availability like the CBN should have ensured. As a regulator, the CBN should not be seen to be setting up the banking sector as the public enemy to cover up the glaring failure in its design and implementation of the cash swap policy.

17. We have repeatedly appealed to the Federal Government to allow whatever remains of the old notes to circulate concurrently with the new notes. We recommended that the Federal Government should also hasten to ensure that more of the new notes are printed and brought into circulation. We thought that if the Nigerian Mint is incapable of printing the volume of cash needed as it appears, then necessary steps must urgently be taken to get a reliable supply source.

18. There is no reason why the old notes and the new notes should not coexist until the old notes are gradually withdrawn over the years as is done in the United Kingdom, Saudi Arabia and other countries. It is unfortunate that in implementing this policy, Nigeria is departing from global best practise, without any compelling justification. The Kaduna State Government did all these, not in opposition to any person or authority, but because we stand with our people and their interests.

19. When it was clear that our recommendations will not be seriously considered, the Kaduna State Government decided, along with the governments of Kogi and Zamfara States to declare a dispute with the Federal Government. In line with the provisions of the Constitution, we approached the Supreme Court of Nigeria to invoke its original jurisdiction to hear us and the cries of our people. The Court did on February 8th, and ordered that the deadline of February 10th for all the ‘old’ notes ceasing to be legal tender be rescinded until the determination of the suit. This ruling applies to the Federal Government and its agencies like the CBN, and all commercial banks! We are grateful to the Court for this ruling, and we had hoped that compliance by the CBN and the banks would bring relief to our people. It is now clear that the architects of this policy are determined to continue to inflict maximum pain on the citizens to achieve their objectives outlined earlier.

20. It was our hope that the Federal Government of Nigeria would welcome this injunction as an opportunity to mitigate the needless human suffering being experienced and correct its course on this matter. There is no emergency situation that justifies the rushed and seemingly deliberate incompetent execution of this policy. We suggested that compliance with the ruling would include adopting a whole-of-government approach, that involves the agencies of the federal and state governments in modifying the design, execution the implementation of the currency redesign policy.

21. Even when confronted with the facts above, the CBN and its masters remain determined to implement their agenda no matter how much human suffering, death and destruction results. It is clear that the architects of this policy always had objectives that are totally in conflict with public interest, peace and the unity of Nigeria. They neither considered our suggestions in line with the Court order, nor respected the unanimous resolution of the Council of State.

22. It is also quite revealing that the Federal Government and its agencies not only disobeyed the February 8th ruling by continuing to say the February 10th deadline stands. It is shocking to see the blatant violation of the subsisting and continuing order of the Supreme Court that ALL the old and new notes should continue to be legal tender until it gives judgment in the case filed by the Kaduna State Government along with several others.

23. The address by the President earlier this morning limiting the legal tender status of old notes to only N200 amounts to total disregard and disobedience of the ruling of February 8th which was extended further yesterday by the Supreme Court. The misguided action of the Attorney-General to mislead the President into engaging in this public violation of the order of the highest court of the land shows how desperate the policy architects are to cause national chaos, by showing open contempt for the judiciary.

24. The decision to recognise only N200 as legal tender till April that the President announced this morning was offered to the state governments as part of proposals for an out-of-court settlement three days ago. The Federal Government asserted that this was offered because all the ‘old’ N1,000 and N500 notes had been destroyed. We rejected the offer and proved to the officials that not a single higher denomination note had been destroyed. We also believe that circulating N200 only to be inadequate in alleviating the suffering that we see every day. We insisted that all the components of the Supreme Court order should be complied with.

25. But back home, what do we do in Kaduna State? My dear of people of Kaduna State, with the foregoing revelations, it is clear that our peaceful coexistence as a state, and a nation, is being placed under deliberate danger using the intentional combination of fuel and cash supply disruptions. These evil people using the instrumentality of the Federal Government and the President as convenient covers are willing to truncate our democracy because they have personally lost out. They are massively deploying resources and tools to defeat the political party that gave us the platform to serve the country just because they could not impose the candidates of their choice. Let us not help them

26. Let us stay calm and peaceful, and support the lawful means being utilised to solve our problems. On behalf of the Kaduna State Government, I wish to assure you that none of you would lose the money you have in old notes. Let no artificial and illegal deadline frighten you. Whether you live in towns, villages or in our isolated rural communities, do not feel stampeded to deposit your old notes in the banks. Hold on to them. Continue to use them as legal tender as ordered by the Supreme Court of Nigeria. No deadline can render them worthless, ever. The law is on your side. The Central Bank of Nigeria Act, 2007 and the Bills of Exchange Act, both oblige the CBN to recognise your old notes and give you value in new notes whenever you bring them to the CBN, even in the next 100 years.

27. Therefore, as your governor, I wish to assure you that the Kaduna State Government, in collaboration with elected legislators, traditional institution, elected local government councils, markets, and traders associations will help you collect, record, document, collate and deliver all your old notes to the Kaduna branch of the Central Bank on your behalf into the new ones immediately after the elections. We will also ensure the delivery of your new notes to your various locations without any hardship or expense on your part. We shall save you any panic and the stress of a long journey from your community to the CBN office in our state capital, from March until December 2023 if need be.

28. For the avoidance of doubt, all the old and new notes shall remain in use as legal tender in Kaduna State until the Supreme Court of Nigeria decides otherwise. I therefore appeal to all residents of Kaduna State to continue to use the old and new notes side by side without any fear. The Kaduna State Government and its agencies shall seal any facility that refuses to accept the old notes as legal tender and prosecute the owners. If need be, we shall take further consequential actions according to the law.

29. While urging you all not to fall for these antics of the enemies of Nigeria, please be patient and continue to exercise resilience in the face of open provocation and deliberate disinformation. We encourage you to be ready with your PVC to vote in the February 25 Presidential and National Assembly elections. We are doing all we can to ensure that it is peaceful, orderly and hitch-free. I appeal to you to understand the shenanigans of these unpatriotic elements in Abuja and ensure you vote massively for the intended victims of these last-minute policies of needless hardship and incitement of the citizens – our party, the APC and its candidates in all the elections.

30. The Kaduna State Government is making this appeal, and taking all these measures to shield our people from the terrible consequences of the currency redesign policy. We seek to protect our people’s hard-earned money, their ability to engage in trade and exchange and buy what they need. We also seek to protect their civic rights, liberties and freedoms under a democratic dispensation. I call on the people of Kaduna State to remain peaceful and vigilant in the face of brazen attempts to engineer crisis in order to get a pretext for unconstitutional or undemocratic actions.

31. In conclusion, our Presidential Candidate, Asiwaju Bola Ahmed Tinubu has asked me to convey his greetings, empathy and words of encouragement to the good people of Kaduna State. He urges us to remain patient, pray for our country and remain vigilant in our pursuit of Renewed Hope.

Thank you all for listening. God Bless Kaduna State. God Bless the Federal Republic of Nigeria.

Nasir Ahmad El-Rufai, CON
Kaduna, 16th February 2023

society

EFCC and the Failed ‘Revolution’ By Raheem Nasir (Opinion)

Published

on

EFCC and the Failed ‘Revolution’ By Raheem Nasir

EFCC and the Failed ‘Revolution’

By Raheem Nasir

If not well planned, a revolution for a good cause will not succeed, let alone a camouflaged “revolution” sponsored by suspected looters and fraudsters and others undergoing prosecutions or awaiting trials in the courts by the Economic and Financial Crimes Commission, EFCC.

 

 

 

The nation was informed through social media that a massive “revolution” in the form of nationwide protests would be held against the EFCC for the most spurious reasons possible.

 

 

That apart, the proposed protests planned for July 5, 2024, were to culminate into a similitude of #Endsars protests witnessed by the nation years ago, during which tens of people lost their lives and property, mainly public-owned, worth billions of naira were destroyed; and from which the nation is yet to fully recover. The protesters’ main goal was to get the present Chairman of EFCC, Olaonipekun Olukoyede, removed while pretending to be protesting against a few reported cases of overzealousness on the part of some operatives of the commission.

 

 

The call for the head of the EFFC’s boss was not for corruption or any illicit practices like some of his predecessors, but vaguely for some overzealousness of a few EFCC operatives while carrying out their sting operations.

 

 

We want to congratulate the Chairman of EFCC on the failed protests and the recently heightened attacks on the agency in the media. It shows that Olukoyede and his team are doing well! EFFC cannot expect Corruption not to fight back. And the fact that the sponsored protests of July 5, 2024, failed does not mean Corruption will still not sponsor other protests on the streets or in the media, as usual. The machinations and shenanigans of Corruption against EFCC are well-oiled, coordinated by professional consultants and ongoing.

 

EFCC and the Failed ‘Revolution’
By Raheem Nasir

 

 

What Olukoyede and his men need to do is to stop corruption at all costs before it can perpetrated; get the operatives more professional and undeterred in their commitment to save the nation from endemic corrupt practices, economic and financial crimes and sabotage.

 

 

 

What the nation has lost to corrupt practices in private and public lives is enough to fix the huge infrastructural deficits bedevilling Nigeria. What famed corruption, internet fraud and scams popularly referred to as 419 have cost the image of this country is dishearteningly unimaginable to the extent that every holder of the green passport is suspected to be corrupt abroad and genuine investors are scared of Nigerian businessmen and women.

 

 

 

It is very heartwarming that on the day of the daggers drawn when faceless anti-EFCC blabbers expected the worst to happen to EFCC’s offices across the nation and culminating in the removal of its hard-working chairman, the organisation ironically recorded yet another major victory against corruption and its allies as the court ruled on that same day, on the N2 billion naira pension fraud case and ordered the final forfeiture of at least 20 property linked to the convicted former chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina.

 

 

 

A Federal High Court in Abuja presided over by Justice Joyce Abdulmalik, in a judgment, held that the Economic and Financial Crimes Commission, EFCC, had proven its case beyond reasonable doubt that the 20 expensive properties, located in different parts of the country, were acquired illegally.

 

 

According to Justice Abdulmalik, the applicant, EFC, effectively discharged its responsibility, under the law, to establish that the property was acquired with proceeds of crime.

 

 

The judge also held that the “various individuals, who responded to an earlier interim forfeiture order, requiring interested parties to show cause why the properties should not be permanently forfeited, failed to establish their ownership of the affected properties with credible evidence.”

 

 

 

Out of the 23 property listed in the schedule, three of them were left out. Maina’s wife, Laila, who claimed to be a citizen of the United States, and some of his relatives and associates, including Uwani Usman, Alhaji Aminu Yakubu Wambai, Haruna Mu’azu Musa and Aliyu Abdullahi, had claimed ownership of the 23 property.

 

 

 

The anti-graft agency had earlier obtained an order of interim forfeiture of 23 properties linked to Maina, currently on an eight-year jail term for pension fraud to the tune of N2 billion.

Delivering the judgment, Justice Abdulmalik agreed with the lawyer of the EFCC, Farouk Abdullah, that those who claimed to own the property failed to effectively establish the alleged ownership as they could not produce credible evidence.
She said: “It is trite in law that civil cases in non-conviction forfeiture are hinged on the preponderance of evidence. Again, I hold that the respondents have failed woefully in tilting the scale of evidential weight in their favour.”

As far as the operations of EFCC since the assumption of office of Olaonipekun Olukeyede as Chairman is concerned, the preponderance of the evidence is that there is a new Sherif in town! The agency has recorded unprecedented achievements in the fulfilment of its statutory goals in terms of recoveries of humongous amounts of money, undaunted trials and convictions of high-profile corrupt public officials.

The gang-ups and simulated attacks on EFCC are like the cry of a beaten baby; it’s not unexpected. The burbles of corruption-fight-back against the agency that is often seen in the media would fizzle out like that of a failed revolution.
Raheem Nasir, a social policy advocate, sent this piece via [email protected]

Continue Reading

Politics

Buratai Lauds Tinubu’s Increased Support for Counterinsurgency Operations

Published

on

Buratai Lauds Tinubu’s Increased Support for Counterinsurgency Operations

Buratai Lauds Tinubu’s Increased Support for Counterinsurgency Operations

 

 

 

 

…as NDA Course 29 Reunites in Maiduguri, Reaffirms Commitment to Nation-Building

 

 

 

Sahara Weekly Reports That Maiduguri, the Borno State capital, played host to the 29th Regular Combatant Course of the Nigerian Defence Academy NDA as they gathered for their 2024 Annual General Meeting. The event was a celebration of their rich heritage and a reunion of old colleagues.

 

 

 

Buratai Lauds Tinubu’s Increased Support for Counterinsurgency Operations

 

 

 

The evening was filled with cultural dances, jokes, and sumptuous meals, creating a relaxing atmosphere for the members.

 

 

 

Former Chief of Army Staff and former Nigerian Ambassador to the Republic of Benin, Lieutenant General Tukur Buratai, commended the federal government for the support in the war against insurgency.

 

 

 

 

 

“Nine years ago, we would never have had the opportunity to gather like this here in Borno and in Maiduguri in particular. Once it is 2 o’clock as someone said, everyone goes inside and remains there till the following morning probably nine or ten. The restrictions were heavy, the atmosphere was charged with so much insecurity. But today, to the Glory of Almighty God, we are thankful to God for the sustained counterinsurgency operations leading to the sustainable security being achieved and being experienced today in the Northeast,” he said.

 

 

 

“We must appreciate the previous administration of President Muhammadu Buhari and thank President Bola Ahmed Tinubu for the increased support to the Armed Forces to prosecute the counterinsurgency operations against Boko Haram and its subsequent version of ISWAP.”

 

 

 

 

 

Buratai also praised the members for their support during his tenure as Army Chief. “You have been wonderful for over forty years precisely 44 years when we met together for the first time 3rd January 1981 and we have maintained that relationship. I want to thank you for your support to me in particular.

 

 

 

 

 

“You stood by me when I was Chief of Army Staff in a very difficult period, the time of the Boko Haram rampage and it was a period that was volatile, uncertain, complex and of course ambiguous environment and times as well. The environments were charged with so much opposition and mischief that is within the sociopolitical environment and within the geographical environment of the northeast also was tensed with the various attacks that have been going on in this area but you stood by me and supported me and together, we succeeded.” He adds.

 

 

 

 

The Betara of Biu equally applauded the Theatre Commander Major General Wahidi Shuaibu, the other components as well as troops for their resilience and sacrifice.

 

 

 

Commodore MB Teidi (Retd), President of the Association, reflected on the journey that began over four decades ago. “Let me take a moment to reflect on the journey that has brought us to this moment. The history of NDA 29th Regular Course started on 3rd January 1981 when 155 young men reported for military training at the Nigerian Defence Academy. Most of us received the Presidential Commission and thereafter were posted to various services in the Nigerian Army, the Nigerian Navy and the Nigerian Air Force to pursue their Military career, while some opted out of the training to pursue their next best destined options.

 

 

 

“The inaugural meeting of this association was initiated by Major TY Buratai when most of the members were on Staff Course at the Command and Staff College Jaji. It was not until 2014 after the burial of one of our course mates, that the idea of a formal body with a constitution was muted. Since then the association has enjoyed consistent yearly meetings in line with its constitution.

 

 

 

 

 

The event brought together former colleagues from across the services and the business community, including serving military personnel such as Major General Wahidi Shuaibu, Theater Commander, Operation Hadin Kai, and the Air Component Commander.

 

 

 

 

The reunion demonstrated the strong bonds and camaraderie forged during their military careers. As they reminisced about their past experiences, they celebrated their achievements and the progress made in the fight against insurgency.

 

 

 

“Nine years ago, we would never have had the opportunity to gather like this here in Borno and in Maiduguri in particular. Once it is 2 o’clock as someone said, everyone goes inside and remains there till the following morning probably nine or ten. The restrictions were heavy, the atmosphere was charged with so much insecurity. But today, to the Glory of Almighty God, we are thankful to God for the sustained counterinsurgency operations leading to the sustainable security being achieved and being experienced today in the Northeast,” he said.

 

 

 

 

“We must appreciate the previous administration of President Muhammadu Buhari and thank President Bola Ahmed Tinubu for the increased support to the Armed Forces to prosecute the counterinsurgency operations against Boko Haram and its subsequent version of ISWAP.

 

 

 

 

 

 

 

Buratai also praised the members for their support during his tenure as Army Chief. “You have been wonderful for over forty years precisely 44 years when we met together for the first time 3rd January 1981 and we have maintained that relationship. I want to thank you for your support to me in particular.

 

 

 

 

“You stood by me when I was Chief of Army Staff in a very difficult period, the time of the Boko Haram rampage and it was a period that was volatile, uncertain, complex and of course ambiguous environment and times as well. The environments were charged with so much opposition and mischief that is within the sociopolitical environment and within the geographical environment of the northeast also was tensed with the various attacks that have been going on in this area but you stood by me and supported me and together, we succeeded.” He adds.

 

The Betara of Biu equally applauded the Theatre Commander Major General Wahidi Shuaibu, the other components as well as troops for their resilience and sacrifice.

 

 

 

 

Commodore MB Teidi (Retd), President of the Association, reflected on the journey that began over four decades ago. “Let me take a moment to reflect on the journey that has brought us to this moment. The history of NDA 29th Regular Course started on 3rd January 1981 when 155 young men reported for military training at the Nigerian Defence Academy. Most of us received the Presidential Commission and thereafter were posted to various services in the Nigerian Army, the Nigerian Navy and the Nigerian Air Force to pursue their Military career, while some opted out of the training to pursue their next best destined options.

 

 

 

 

 

“The inaugural meeting of this association was initiated by Major TY Buratai when most of the members were on Staff Course at the Command and Staff College Jaji. It was not until 2014 after the burial of one of our course mates, that the idea of a formal body with a constitution was muted. Since then the association has enjoyed consistent yearly meetings in line with its constitution.”

 

The event brought together former colleagues from across the services and the business community, including serving military personnel such as Major General Wahidi Shuaibu, Theater Commander, Operation Hadin Kai, and the Air Component Commander.

 

The reunion demonstrated the strong bonds and camaraderie forged during their military careers. As they reminisced about their past experiences, they celebrated their achievements and the progress made in the fight against insurgency.

 

 

 

 

The 29th Regular Combatant Course of the Nigerian Defence Academy is no doubt, a shining example of the power of friendship and service to the nation. As they look to the future, they continue to stand together, committed to their objectives and to the development of the nation.

Continue Reading

society

Economic Hardship: Pro-Democracy Group Hails Kalu,  Reps Over Salary Slash

Published

on

Economic Hardship: Pro-Democracy Group Hails Kalu,  Reps Over Salary Slash

*Economic Hardship: Pro-Democracy Group Hails Kalu,  Reps Over Salary Slash

 

 

The Socialist Movement of Africa (SMA) has commended the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, for advocating for a 50% salary cut among lawmakers to support the government’s efforts in addressing the economic hardship facing Nigerians.

 

Economic Hardship: Pro-Democracy Group Hails Kalu,  Reps Over Salary Slash

 

In a statement signed by its President, Dr. Apex Segun, the group also applauded the House for their collective decision to donate their salaries to alleviate the suffering of Nigerians.

Segun said this selfless act demonstrates their commitment to the well-being of the people and their willingness to make sacrifices for the greater good.

Recall that the Green Chamber, on Thursday, on the recommendation of the Deputy Speaker, agreed to slash their salaries.

Kalu said: “This government is doing its best, but one year is not enough to address the challenges of this country. I want to plead with our colleagues to sacrifice 50 per cent for six months.”

In reaction, Segun said in a time of economic uncertainty, it is heartening to see leaders like Kalu putting the needs of the people above their own.

He said the actions of the Deputy Speaker and his colleagues embody the spirit of patriotism and democracy.

“The Socialist Movement of Africa (SMA) is thrilled to express its deepest admiration and appreciation for the exemplary leadership and selflessness displayed by the Deputy Speaker and the entire membership of the House,” he said.

“Their recent decision to donate 50% of their salaries for six months to support the government’s efforts in addressing the economic situation in the country is a testament to their commitment to the welfare of Nigerians.

“In a time when the country is grappling with the challenges of the high cost of living, food scarcity, unemployment, and other economic hardships, the House has shown that they are truly representatives of the people.

“Their willingness to make sacrifices and put the needs of the people above their own is a beacon of hope in these trying times.

“We commend the Deputy Speaker for his patriotic leadership in advocating for this noble cause. His selfless act is a shining example of what it means to be a true leader.

“The House has shown that they are a body of compassionate and empathetic leaders who are willing to take bold steps to address the challenges facing the nation.

“We applaud the House for their collective decision to put the needs of the people above their own. In these trying times, the SMA urges all public officers and indeed Nigerians to emulate the example of the Deputy Speaker.”

Continue Reading

Cover Of The Week

Trending