Connect with us

Business

‘We will embarrass old Politicians in 2019’ – Nigerian Youths rage

Published

on

 

 

 

As the 2019 elections approach, various youth groups in the country have expressed readiness to effect generational power shift, sending a signal to old politicians that they would be disgraced in the forthcoming elections.

Latching on to former President, Chief Olusegun Obasanjo’s call last week on youths to democratically wrest power from old politicians, they said older generation of politicians should give them a chance or the youths would utilize their numerical straight to vote them out of office. Arewa Youths Leader, Yerima Shetima, said: “Come 2019, they would be disgraced if they participate in politics.

We constitute 65 or 70 per cent of votes in the country and we will ensure that our votes go to ensure that we have order in this country.

We will disgrace them in 2019. We will make sure they are massively embarrassed.“ Obasanjo, at the Youth Governance Dialogue in Abeokuta, Ogun State, last week, said since the old guards are unwilling to quit the stage and would not give leadership positions to the youths on a platter of gold, it was high time the youths picked the gauntlet.

”Nobody will choose you; you have to choose yourself. Why can’t you become president at the age 40? Why can’t you become president at the age of 35?

Why can’t you become president at the age of 30? General Gowon became Head of State at 33. I became Head of State at 39. And it is because of my track record. But how are you prepared? Are you really prepared?” he challenged the youths.

Expressing youths’ readiness for the challenge, Yerima said, “The likes of Obasanjo should go back to their homes and relax and be ready to offer useful advice when necessary to younger generation of leaders, on technical matters on governance. We will learn some lessons from their history, but we would not work in line with what they did during their tenure.”

Ohanaeze Youth Leader, Chukwuma Okparaezeukwu, in a similarly vein, said the youths feel greatly challenged by the call. “We are not only challenged, but highly encouraged, motivated and feel reawakened.

It is a call for a positive, diplomatic and sustainable revolution. It must not be the regular revolution that comes by force or bloodshed, but one that comes with strategy, raising youth’s consciousness and participation.

“However, as much as we feel highly motivated by former President Obasanjo’s statement, we the youths must wake up and embrace our responsibility because this is our time.

Otherwise, the next generation will vilify us the way we do the older generation today.

“You see, for now, some of the youths have allowed themselves to be used by the current crop of politicians to dish out hate speeches which polarise the youth groups across the country. But we will narrow this gap in the current reawakening towards the current move in order to work strategically and work in unity towards the goal.”

Also, Protem National Chairman, Alliance for New Nigeria, (ANN) a political association seeking Independent National Electoral Commission’s registration, Dr. Jay Osi Samuels, said, “The statement is not only appropriate but timely, because we, the youths, can no longer wait for them to give power to us, rather we are stepping out to grab it from them.”

He said the declaration was in tandem with the “objectives for the ANN, “because we are creating a credible platform apart from all the other platforms that are being managed by the older politicians.

That platform is what we will use to actualize our goals of grabbing power from the old generation. It is a movement being created for the new leaders of Nigeria. Samuels, a Harvardtrained medical doctor, said the youths have the numerical advantage. “Potentially, we have the bigger number.

I mean the youths constitute majority of the eligible voting age in Nigeria, but what we have witnessed over the years have led to loss of faith in the political system in Nigeria, but what we are going about to let people know is that they cannot just despair, they cannot lose hope, that there is a light at the end of the tunnel and if we put our acts together, we can collectively take over the reins of power from these older generation of leaders.

Reminded of the role Obasanjo played in the election of Buhari, who belonged to the older generation politicians, he said: “We are not relying on any past leader…

We are not relying on anybody, what we are doing is that we want to show that with or without them, we can do it by ourselves. They themselves got into power years ago, when they were even younger than us.

So we are taking the bull by the horns, with or without their support, we are going to achieve our aim.

The Presiding Minister of Trinity Center, Pastor Ituah Ighodalo, joined his voice, but was quick to add that anyone of the age of 35 and below cannot rule the nation for now because such a person will be too young for governance at that level. “From my own personal perspective, youths of ages 30 and 35 might be too young for president. The ideal age will be between the ages of 45 to 55.

That sort of person has seen life to an extent, made some mistakes, has fallen, risen and still has the energy to run around and still has reasonable contact base. We can go as low as 41, 42, 43; but not 30.

The world view of anyone of that age is not as broad,” he said.

Ighodalo however, warned that no room should be left for any particular group of persons to anoint a youth for presidency in the manner that so-called godfathers in the Nigerian political space have been doing in the past, insisting also that power is never relinquished but consciously taken by anyone who is truly interested and makes himself available for service.

Ighodalo said the space “is wide open for any serious person, youth or not, that truly wants to get involved and get closer to the people and offer their service to the people, urging such people to start from the grassroots to learn and be ready to make their way up.

They should join any party of their choice, become important in the parties and get selected for position and bit by bit money politics and god-fatherism will fade.

It is not going to be a short run but they will get there.” “From my own personal perspective, youths of ages 30 and 35 might be too young for president.

The ideal age will be between the ages of 45 to 55. That sort of person has seen life to an extent, made some mistakes, has fallen, risen and still has the energy to run around and still has reasonable contact base. We can go as low as 41, 42, 43; but not 30. The world view of anyone of that age is not as broad,” he said.

Mr. Gbadabo Rhodes- Vervor, a youth in his early 30s who contested for the chairmanship in Ikeja Local Government in Lagos State, recently on the platform of the KOWA Party, scoring less than 1,000 votes, said “We, as a generation, need to get more involved, not just on whatssapp groups or on other social media, but in our communities and people in our wards….political participation is not just about running, political participation is diverse.

“Youths can either contest or sponsor political party/candidates whom they believe in their ideals. They must also join a political party and be active and most importantly register to vote for folks they believe in on election day,” He said the youths need to actively start making a difference in the communities so that they can become influencers.

Business

Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

Published

on

Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.

The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.

Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the  Bank’s commitment to supporting institutions that drive intellectual growth and national development.

As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.
The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.
Read more about Alpha Morgan Bank on www.alphamorganbank.com

 

 

PHOTO

L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr.  Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026

Continue Reading

Business

Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

Published

on

Otega Ogra: Online Misinformation Endangers Public Trust and Stability

Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

The Presidency has strongly refuted allegations of “accounting fiction” and misinformation surrounding Nigeria’s ongoing power sector financial reforms.
O’tega Ogra, Senior Special Assistant to President Bola Ahmed Tinubu on Digital and New Media, took to social media to challenge comments made by Rufai Oseni, accusing the broadcaster of misrepresenting government efforts to resolve legacy debts in the electricity value chain.
At the heart of the dispute is the reconciliation of longstanding debts owed to Generation Companies (GenCos) and gas suppliers—an issue that has long constrained liquidity within Nigeria’s electricity market.
₦1.4 Trillion Reduction Explained
Responding to criticism over debt figures, Ogra clarified that total legacy obligations were reduced from ₦4.7 trillion in initial claims to a verified ₦3.3 trillion, representing a roughly 30% reduction.
“That is not spin. It is the difference between a claim and a verified obligation,” Ogra stated.
“In a regulated electricity market, submitted claims must be validated against contracts, market rules, and settlement records.”
Ogra also outlined tangible progress under the reform program, emphasizing that it has moved beyond “paper restructuring” to actual financial disbursements:
₦1.23 trillion structured under Phase I
₦501 billion already raised for the first series
₦223 billion disbursed to GenCos and gas suppliers
₦197 billion currently being processed
As of March 31, 2026, eight GenCos—covering 17 power plants—have signed settlement agreements totaling ₦2.28 trillion.
According to Ogra, the reform timeline, from President Tinubu’s July 2024 directive for a sector-wide review to Federal Executive Council approval in August 2025, demonstrates a deliberate push for transparency in a sector historically plagued by opacity.
“The real question is whether the final figure reflects verified contractual exposure. That is exactly what the review process was designed to achieve,” he said.
While defending the administration’s approach, Ogra acknowledged that clearing debts alone will not resolve Nigeria’s electricity challenges. He noted complementary reforms underway, including:
Tariff alignment based on service quality
Nationwide metering expansion
Improved payment discipline
Targeted subsidies for vulnerable citizens
In a pointed remark, he urged media commentators to distinguish between incomplete progress and misinformation:
“This is not the end of the problem, but it is a structured attempt to fix it.”
Continue Reading

Business

Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

Published

on

Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

 

In a momentous occasion that underscores the rapid infrastructural advancement of Ogun State, renowned real estate mogul and philanthropist, Aare Adetola Emmanuelking, warmly received the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, at the official commissioning of the Gateway International Airport, located in Iperu-Remo.

The landmark event, held under the visionary leadership of the Ogun State Governor, Dapo Abiodun, marks a significant stride in the state’s economic transformation agenda, positioning Ogun as a key hub for aviation, commerce, and investment in Nigeria.

Aare Emmanuelking, who is also the Chairman/CEO of Adron Homes and Properties, commended the Ogun State Government for its foresight and commitment to infrastructural excellence. He described the airport project as a “game-changer” that will not only boost connectivity but also stimulate real estate growth, tourism, and industrial expansion across the region.

Speaking during the commissioning, President Tinubu lauded Governor Abiodun’s administration for delivering a world-class facility that aligns with the Federal Government’s Renewed Hope Agenda, emphasizing the importance of strategic infrastructure in driving national development.

The Gateway International Airport is expected to serve as a critical gateway for investors and travelers, further enhancing Ogun State’s reputation as one of Nigeria’s most business-friendly environments.

The presence of top dignitaries, industry leaders, and stakeholders at the event underscores the project’s significance and its anticipated impact on the state’s socio-economic landscape and beyond.

Continue Reading

Cover Of The Week

Trending