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Obasanjo Reiterates Call For Afrocentric Democracy
Former President Olusegun Obasanjo has reiterated that the way out of the challenges confronting Africa is to re-examine the model of democracy passed on by their colonial masters.
Obasanjo stated this during his keynote address at the Summit on the State of Democracy in Africa on Wednesday in Abuja.
He said leaders across the continent must come together to devise a form of contextual democracy that takes into account past experiences and addresses contemporary challenges.
He said the kind of democracy African countries need should emphasise good leadership, strong institutions, and a stable middle class, all reflecting Africa’s rich cultural heritage.
The former president, who expressed concern about the growing discontent for democracy on the continent, opined that the model that will work for Africa is one that takes into account the typical and predominant political system and is “suitably and appropriately placed to serve the objectives of the African people.”
In her goodwill message, the UN Deputy Secretary General and Chair of the SDGs, Dr Amina Mohammed, said the active participation of women and young people in politics and other decision-making processes will strengthen democracy on the continent.
She drew the attention of authorities on the continent to the effective implementation of laws, adherence to the tenets of accountability, and improved investment in democratic institutions, noting that they are critical to the sustenance of democracy in Africa and beyond.
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Reps Honour Governor Bago For Outstanding Performance
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Nigeria’s Livestock Sector Will Generate N33trn Revenue If Properly Harnessed – Minister Maiha
Naijablitznews.com recalled that upon assumption of office, the Minister pledged to reform Nigeria’s livestock industry to enhance food security, create a safe environment for all stakeholders, and attract foreign investment.
He disclosed a vision for the newly established ministry to include comprehensive reforms aimed at “unbundling” the sector, strengthening infrastructure, and meeting Nigeria’s growing demand for animal protein.
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Gov Eno presents N955bn budget to Akwa Ibom Assembly
Akwa Ibom State governor, Pastor Umo Eno, presented a proposed total budget outlay of N955 billion for the 2025 fiscal year to the State House of Assembly for consideration on Tuesday.
This was against the revised provision of N923.46 billion in the 2024 budget.
The 2025 financial appropriation estimate comprised recurrent expenditures of N300 billion and capital expenditures of N655 billion.
Eno said that the total capital receipts and expenditure for the year 2025 is estimated at N655 billion as against the proposed revised provision of N573.32 billion for 2024.
He said that the 2025 Budget, which is christened “Budget for Consolidation and Expansion,” is predicated on an oil benchmark of $75 per barrel at a production rate of 2.12 million barrels per day with an estimated exchange rate of N1,400/US$.
The Governor added that the 2025 oil benchmark and exchange rate is in line with the National Budget benchmark projections.
He said that the total projected recurrent revenue for 2025 is estimated at ₦830 billion as against the proposed revised provision of B803.70 billion, representing a 3 per cent increase in revenue projection for the year 2025.
The governor said the policy thrust objectives of the 2025 budget would be to achieve food security through investing heavily in the agricultural revolution.
Other objectives included rural development through robust investments in modern living facilities such as all seasonal roads, rural electrification and others within rural communities to ultimately improve the quality of life for those in the rural areas and help stem rural-urban migration. Ensuring that public schools in the state are equipped and staffed by teachers who are passionate and dedicated.
He said to realise the year 2025 budget objectives, the state shall adopt and improve the effectiveness of budget performance by ensuring fiscal discipline through the implementation of only programmes that were captured in the budget, among other strategies.
In his remarks, Speaker of the Assembly, Udeme Otong, assured the governor that the lawmakers would quicken the consideration process to ensure speedy passage of the 2025 budget estimate to fasten development in the state.
Otong urged all heads of Ministries, Departments, and Agencies (MDAs) in the state to cooperate with the House of Assembly during the budget defence to ensure speedy passage of the budget.
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