Politics
Which Way Nigeria: The Imperatives of A New Economic Direction
*Which Way Nigeria: The Imperatives of A New Economic Direction*
By Dapo Otubanjo, a financial analyst & real estate entreprenuer
After eight months in the Villa, the clock ticking on President Tinubu’s administration has gathered enough time for us to start seeking accountability for his actions, and the delivery of his electoral promises to a Nigeria with an urgent need for national renaissance, and a new economic direction.
The realities of our lives today as Nigerians is gravely incongruous to the promise to renew hopes, and reinvent the economy for a new era of opportunities, and prosperity for all of us. The agony of excruciating economic stagflation is now more widespread, and tending towards a period of national economic depression.
Nigerians understand, and have demonstrated severally in time past, that when time and government change, so must we the people as “new challenges require new responses”. Unfortunately the economic pains of this era are like a disaster with no solution in sight, leaving most folks in the terrifying situation of inadequate household income for survival talkless of a decent living.
Given Nigeria’s precarious economic situation post Buhari’s government of destructive economics, there was no doubt about the need, and urgency for appropriate reforms to reorganize the country for economic recovery, and national security. And whilst the reforms of Tinubunomics are requisite liberal policy prescriptions, the executions are mired in premature timing, terrible implementation, and insensitive partisan gloating over the government’s audacity to introduce the reforms rather than a democratic tolerance for national discussions on the devastating consequences of its impacts as leverage to gauge acceptance, and gather citizens feedbacks for reviews, adjustments, and corrective measures in its areas of deficiencies, and ineffectiveness.
However the opportunity still exist, for correction and, to arrest our miserable spiral towards economic doomsday, and President Tinubu must hurriedly embrace the wisdom to do a reset, and refine the wrong elements of his reforms for the achievement of better outcomes in critical areas of job creation, reducing, and stabilizing both the value of the naira, and inflation, and attracting significant local, and foreign investments for the immediate task of economic recovery, and recreation of a vibrant middle class that was totally wiped out by the previous APC government, and long term goals of industrialization, and sustainable growth in the economy, and our export sector.
The best, and most imperative solution, and palliative for the rising cost of living is immediate wage increase across all sectors. The Federal government must seek to achieve wage increase of two hundred thousand naira for Federal workers, negotiate with the states for one hundred and fifty thousand naira for all state employees, and push the private sector towards fifty thousand naira as the barest minimum for the lowest set of workers to fuel consumer spending that was hitherto dwindling for obvious reasons, and improve households financial resources to minimally mitigate against worsening economic situation.
The inflationary effects of an unstable naira need a freeze otherwise the application of wage increase will be futile, and become a continuous demand. It is imperative for the government to return the provision of interventions in the FX market through partial exchange rates management until all foreign investors seeking full liberalization are willing to bring in their funds, and/or when the sale of government assets, and export earnings are sufficient enough to provide adequate supply for FX demands. The arbitrage gains of FX trading in the previous APC government made FX business highly profitable with devastating practices of round tripping, and speculative FX trading that continuously encourage a large number of folks to hoard, and hold on to a large pool of foreign currencies at the expense of a free fall in the value of the naira.
Through the CBN, the government need to urgently introduce appropriate monetary measures to curb these practices, and incentivize the release of more foreign currencies into the market.
Our national challenges cannot be resolved by government alone but the government have a crucial role to play in setting the agenda, and transforming the private sector into a pivot for growth, and national development. President Tinubu should as a matter of national emergency deploy all presidential support for the Dangote, and other refineries to achieve refining capacity sufficient enough for local fuel consumption, and make provisions to export excess supply to the West African sub region. And use the support, and other regulatory instruments to negotiate a stable fuel price over three to five year period as further safeguard against inflation, and forex pressure on the naira.
So many of our Federal assets are wallowing in the inefficiencies of terrible operations, corrupt government practices, and nepotistic managements delivering inadequate, and unreasonable returns for the Nigerian state. There should be an urgent consideration for their privatization, and sales to generate requisite, and significant revenues to shore up the economy, and engineer a long term foundation for sustainable growth, and national prosperity.
Our demands, and exploration for foreign investments must seek prospects in the Middle East, and some parts of Asia where there are abundance of liquidity for investment capital, and great probability for immediate result. The president should constantly deploy his most brilliant envoys to the region for continuous negotiations, and schedule all presidential investment travels around the region for closing of appropriate investment deals.
Recently, the government launched over a hundred billion naira housing programme. As good, and commendable that is, it is still a drop in the ocean, and too meagre for any significant social, and economic impact for a nation of over two hundred million population. We must seek to raise trillions of naira within a short term for the substantial growth of the sector, and its exponential impacts on the economy, and provide complementary infrastructure for urbanization, rural connections, and the financial reform of our mortgage system to reduce interest rates, increase period, and affordability, and expand access to more households. We have a large pool of idle funds in various pension schemes, and must explore a viable government means for these funds to find profitable returns in real estate business opportunities.
The erosion of value in our banking sector capitalization levels are critical challenges for our national ambitions, and obviously needs urgent rounds of renewal towards the trillions of naira capitalization threshold to adequately fund the expansion of national productivity, manufacturing, sustainable large scale credit industry, and a new middle class.
And those super highways (SHW) the president promised us need to start coming alive in urgent, and huge contract awards, and accelerated construction works as credible means to connect communities, and states across the country, and ease the movement of people, and products. Our rail networks need significant improvements, and expansion with appropriate security measures to complement the comprehensive renewal, and expansion of our transport means, and its impact in the boosting of trade, and commerce.
Generations of Nigerians have endured economic crises at different times of bad governance often with the deceptive cliché that the situation will eventually get better. President Tinubu must make a departure from that decades old political narrative, and explore credible means within the limitless possibilities of our potentials to stimulate immediate economic recovery, and long term sustainable growth, secure, and unite the country, and deliver the promise of a developing nation.
Today’s worsening economic situation is not a new territory for Nigeria as we have often travelled through tough national periods of economic stagnation, and recession, widespread poverty, and underdevelopment. The president should reasonably review thoroughly the economic reforms of the democratic government of 1999 – 2007, and draw appropriate economic lessons from the successful economic reforms of that era in reasonable FX market, and inflation management, naira stabilization, privatization, bank consolidation, the commencement of a credit system that was subsequently unscaled, a widening middle class, and amazing economic growth that put Nigeria at the forefront of the globally acclaimed narrative of Africa rising. And essentially gave a national rebirth to the audacious can do spirit of the Nigerian folks. It was an era of incredible demonstration of what we can achieve together through collective actions, and visionary leadership, and we must seek to replicate the same economic results as a navigating path out of our current economic downturn.
The current generation of Nigerians possess all that we require to transform ourselves from a nation perpetually travelling in the wrong direction into a developing country of proud citizens. The onus is essentially the president’s to lead from the front, and set forth a clear vision with opportunity for everyone to make appropriate contributions towards sustainable growth, and national development.
Tough times define great leaders. And time, and chance they say happen to all of us. There is a great moment for the president to seize, and more importantly for the sake of our nation, we hope he takes this period as an incredible chance to cement the foundation of his legacy, and unfold the greatness of Nigeria.
Politics
Political Earthquake in Kano: How, Senator Rabiu Musa Kwankwaso, Nasiru Gawuna’s Move to ADC Reshapes North-West Politics
Political Earthquake in Kano: How, Senator Rabiu Musa Kwankwaso, Nasiru Gawuna’s Move to ADC Reshapes North-West Politics
The political atmosphere of Nigeria’s North-West was fundamentally altered on a sweltering afternoon in 2026 after Senator Rabiu Musa Kwankwaso former Governor of Kano State and Former Minister for Defence who is also the “Grand Commander” of the Red-Cap revolution, finalized a move that many viewed as the ultimate masterstroke of his political career. By transitioning from the NNPP to the African Democratic Congress (ADC), Kwankwaso did more than change platforms; he effectively reset the coordinates of the nation’s largest voting bloc.
Senator Kwankwaso’s pedigree is defined by a singular devotion to human capital development and an almost mythical grassroots loyalty preceded him. He turned a local movement, the Kwankwasiyya, into a disciplined, ideological army that transcends traditional party structures. His entry into the ADC instantly transformed a secondary party into a formidable fortress, signaling to the ruling elite that the North-West is no longer a monolith under their control.
The gravity of this shift is most profound in Kano, the heartbeat of Northern commerce. For years, the state was a polarized battlefield between the Kwankwasiyya and established conservative wings. However, the entry of Nasiru Yusuf Gawuna into the same ADC orbit has created a “Kano Super-Alliance” that was previously unthinkable. Kwankwaso, the visionary architect who sent thousands of Kano’s children to global universities, now finds his populist ideology merging with Gawuna’s administrative steadiness and deep-rooted institutional connections.
This synergy is a seismic departure from the politics of “zero-sum” rivalry; it is a calculated fusion of mass appeal and the strategic machinery required to protect and deliver votes.
This move reshuffles the entire North-West deck. As Kwankwaso plants the ADC flag across the region, he is attracting a wave of heavyweights from Kaduna to Sokoto who feel marginalized by the status quo. His political pedigree allows him to speak with a regional authority that others lack, positioning himself as a protector during a time of economic uncertainty. By bringing Gawuna into this fold, the dynamics of Kano politics have shifted from a war of attrition to a coalition of necessity. This alliance creates a “Third Way” that bypasses the failures of the old guard, promising a return to the rapid growth that defined the Kwankwaso years, but with a broader, more inclusive base that could dictate the occupant of Aso Rock in 2027.
Kwankwaso’s career has always been defined by a uniquely personal brand of power. From 1999 to 2015, he served two terms as Governor of Kano State, in addition to roles as Minister of Defence and Senator. While many were surprised by his recent maneuvers; especially following closed-door meetings with President Bola Tinubu, he chose the emerging ADC over the ruling APC.
In the high-stakes theater of Nigerian politics, few events have jolted the region quite like the defection of Nasiru Yusuf Gawuna from the APC to the ADC on March 31, 2026. Coming just twenty-four hours after Kwankwaso’s move, Gawuna’s transition fundamentally has also altered the political calculus in Kano. What makes this moment remarkable is the sheer drama of the reversal. Gawuna’s political journey has been a steady, calculated ascent through Kano’s establishment. He first shot to prominence as Commissioner of Agriculture under Governor Abdullahi Umar Ganduje, earning a reputation for hands-on management in a state where farming is the economic backbone. He eventually rose to Deputy Governor, serving for nearly six years and gaining invaluable executive experience. Beyond partisan politics, Gawuna distinguished himself as Chairman of the Governing Council of Bayero University and, most recently, as Chairman of the Federal Mortgage Bank of Nigeria (FMBN). He resigned from the FMBN on March 27, 2026, citing compliance with presidential directives regarding political appointees.
A look back at the 2023 gubernatorial election reveals just how significant Gawuna is. Running under the APC, he polled over 890,000 votes against the formidable Kwankwasiyya machine. This proved that he is one of the few politicians in Kano who can genuinely compete with Kwankwaso’s electoral machinery. His strength is threefold: he appeals to the youth, the religious establishment (Ulama), and the business community; he has the capacity to split the APC vote; and he has demonstrated he can deliver votes independently of a larger party wave. To understand the magnitude of this defection, one must appreciate the complete inversion of alliances since 2023. Back then, Governor Abba Kabir Yusuf ran on the NNPP ticket with Kwankwaso’s backing, while Gawuna carried the APC banner with Ganduje’s support. By 2027, the roles will likely reverse: Governor Yusuf is positioned to run under the APC with Ganduje’s blessing, while Gawuna is poised to run under the ADC with Kwankwaso’s endorsement.
From the perspective of the Kwankwasiyya movement, Gawuna’s arrival is a “return” rather than a “recruitment,” as he was part of the movement’s pioneer cohort. This narrative neutralizes accusations of opportunism. For his part, Gawuna framed his move in terms of service and divine guidance, with sources indicating he felt marginalized within the APC after his 2023 defeat.
The reaction from within the APC has been one of worry and regret. President Tinubu, recognizing the stakes, reportedly directed party leaders to prevent Gawuna’s move, even offering him an automatic Senatorial ticket for 2027. The failure of this pressure campaign, Gawuna reportedly placed his phone on “Do Not Disturb” and traveled abroad to avoid lobbyists represents a significant defeat for the presidency’s political management. This crisis prompted emergency meetings between President Tinubu, Dr. Ganduje, and Badaru Abubakar at the Presidential Villa to reorganize their strategy.
The long-term implication is the potential break of the APC-PDP duopoly. The ADC is now positioning itself as a genuine “third force” in the North-West. The defection of high-profile figures like Senator Ahmed Babba-Kaita, Senator Aishatu “Binani” Ahmed, and former Justice Minister Abubakar Malami suggests a coordinated realignment. This competition could force more substantive policy debates and reduce the “zero-sum” intensity of regional elections.
The projected 2027 gubernatorial rematch between Gawuna (ADC) and Governor Yusuf (APC) will be a battle between two men with established records. Voters will have a genuine choice between performance and platform rather than just shifting loyalties. As Gawuna put it: “Allah gives power to whom He wants and when He wants.” While the 2027 elections will reveal where that power flows, it is already clear that the political landscape of the North-West will never look the same again.
Politics
Governor Dauda Lawal Approves Gratuity Payment
Governor Dauda Lawal Approves Gratuity Payment
The Zamfara State Government, under the visionary leadership of Governor Dauda Lawal, has approved the release of funds for the payment of Gratuity Batch 3 for the 2024/25 period. This decisive action underscores the administration’s unwavering commitment to the welfare of retired civil servants who dedicated years of service to the state’s development.
The Accountant General of the State is already working diligently to ensure that all eligible retirees receive their payments promptly and efficiently, reflecting the government’s resolve to uphold transparency and accountability in the disbursement process.
This timely gratuity payment is a testament to Governor Dauda Lawal’s people-centered leadership, which recognizes the sacrifices and contributions of retirees to the progress and stability of Zamfara State. It also reaffirms the government’s pledge to honor its financial obligations without unnecessary delays.
The Zamfara State Government calls on all retirees in the affected batch to exercise patience as the necessary administrative and financial processes are finalized. Every effort is being made to ensure smooth and uninterrupted payments.
This initiative is part of Governor Dauda Lawal’s broader vision to empower citizens and retirees, strengthen confidence in public service, and sustain the morale of those who have committed their lives to the growth of Zamfara State.
Politics
APC Group Endorses Fubara for 2027, Calls on Tinubu and APC to Prioritise Performance Over Politics in Backing Governor’s Second Term Ambition
*APC Group Endorses Fubara for 2027, Calls on Tinubu and APC to Prioritise Performance Over Politics in Backing Governor’s Second Term Ambition*
The APC National Vanguard has appealed to President Bola Ahmed Tinubu and the leadership of the All Progressives Congress (APC) to support a second term in office for Siminalayi Fubara, citing what it described as “impressive and verifiable developmental strides” across Rivers State.
In a statement issued on Thursday by its National President, Dr Gbenga Salam (JP), the group said its position followed an extensive assessment tour of key infrastructure and public service projects executed under the Fubara administration.
The APC National Vanguard said the appeal was based strictly on performance, arguing that governance outcomes should outweigh partisan considerations, particularly in a state as economically significant as Rivers.
“We respectfully urge President Bola Ahmed Tinubu and the leadership of the All Progressives Congress to support the continuity of Governor Siminalayi Fubara beyond his current tenure, in recognition of his commitment to development, prudent resource management, and people-focused governance,” the statement read.
According to the group, its delegation visited multiple project sites across the state, observing ongoing and completed works spanning road construction, urban renewal, and public infrastructure upgrades.
It noted that the scale and distribution of these projects reflect a deliberate effort by the state government to extend development beyond traditional urban centres and into underserved communities.
“Our findings from the tour reveal a government that is not only active but intentional in its development agenda. The execution of capital projects across various parts of Rivers State demonstrates a clear understanding of the needs of the people and a commitment to addressing them,” Dr Salam said.
The group particularly commended what it described as prudent financial management by the administration, noting that the projects reviewed showed evidence of careful planning and efficient allocation of resources.
“At a time when economic pressures are evident across the country, it is commendable that the Rivers State government has managed its resources in a way that delivers visible and impactful development without signs of fiscal recklessness,” the statement added.
The APC National Vanguard further observed that despite political tensions in the state, the Fubara administration has maintained focus on governance, ensuring continuity in project execution and service delivery.
The group argued that such stability is critical for sustained development and should be encouraged rather than disrupted.
“Leadership must ultimately be judged by results. In Rivers State, there is clear evidence of progress—projects that are not only announced but executed, and policies that translate into real benefits for citizens,” Dr Salam noted.
The group warned that discontinuity in leadership could stall ongoing projects and reverse gains already recorded, stressing the importance of allowing a performing administration to consolidate its achievements.
“Rivers State is at a pivotal stage where continuity will allow for the completion of ongoing initiatives and the deepening of development gains. Supporting Governor Fubara for a second term is, therefore, a decision in the best interest of the people,” the statement said.
In addition to its call on the APC leadership, the group reaffirmed its support for President Tinubu, expressing confidence in his administration’s broader economic and governance reforms.
The APC group urged Nigerians to remain supportive of efforts aimed at stabilising the economy and strengthening public institutions.
“We reiterate our endorsement of President Bola Ahmed Tinubu for a second term in office, in recognition of his leadership and commitment to national development. With sustained support, the administration can consolidate its reform agenda for the benefit of all Nigerians,” Dr Salam added.
The APC National Vanguard concluded by calling on political actors to prioritise development and public interest over partisan divides, insisting that governance should always be guided by performance and accountability.
“Where leadership demonstrates prudence, delivers development, and remains focused on the welfare of the people, it deserves continuity. This is the position we have reached after a careful and independent assessment of Rivers State,” the statement added.
-
society7 months agoReligion: Africa’s Oldest Weapon of Enslavement and the Forgotten Truth
-
news4 months agoWHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests
-
society6 months ago“You Are Never Without Help” – Pastor Gebhardt Berndt Inspires Hope Through Empower Church (Video)
-
celebrity radar - gossips2 months agoDr. Chris Okafor Returns with Power and Fire of the Spirit -Mounts Grace Nation Altar with Fresh Anointing and Restoration Grace on February 1, 2026

