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Let’s Call On Obasanjo To Advise President Tinubu On How To Get Debt Relief For Nigeria – Afe Babalola

Legal icon and founder of Afe Babalola University, Ado-Ekiti (ABUAD), Afe Babalola, has stressed the need for President Bola Tinubu to seek debt relief for Nigeria from the country’s international creditors.
He emphasized the need to seek a reduction in the interest of the loan and the loan itself in order to save Nigeria’s economy from collapse.
Recalling how former President Olusegun Obasanjo got debt relief for Nigeria, Babalola said it is time to call Obasanjo to advise the Tinubu government on how to get it done.
Speaking on Sunday in Ado-Ekiti during the 6th Induction Ceremony of the 2023 graduating set of the College of Medical and Health Sciences of ABUAD, Babalola, if Nigeria does not seek debt relief, the country’s economy may be crippled with the way things are going.
The legal luminary also lamented that the loans accrued by the government have unfortunately been embezzled by some private individuals.
He emphasized that the sorry state of the economy and the frustration of the people are responsible for the protests across some major cities in the country.
He said, “Nigeria is one of the heaviest debtors in the world, I have written articles about it, let us investigate how we came to several trillions of dollars, what do we spend it on? I can assure you, these money are pocketed by those who said they collected it.
“Let us call on Obasanjo again to advise the present government. When we were in serious trouble in the 90s, after he took over, he went round all the creditors and begged them, one, to peg the interest, two, to even reduce the indebtedness and today, we are better for it.
“Unless we do that, this indebtedness will cripple this country and it will lead to anything. I have seen people especially, in the North who are agitating because of the fact that the naira is getting worse, food prices are high, no employment, and those who get it are not paid. Something has to be done about it.”
Speaking further, Babalola condemned the recent killings of two traditional rulers in Ekiti State and the hike in food prices.
He urged the government to intensify efforts at tackling insecurity so that farmers can access their farms without fear and enable all Nigerians to be producers of crops by investing in Agriculture.
Babalola also advocated an increase in the salary of teachers in the country to bolster their teaching delivery towards achieving and sustaining quality education in the country, as it has been in the 20th century.
His words, “Monarchs are killed, it is an unusual development, so, what is behind all these is the fact that we have no money, our money has no value, our currency is as worthless as toilet paper, something has to be done about naira and productivity.
“Farmers have left their farms now because of kidnappers, something has to be done about kidnapping and farmers have to be encouraged to go back to their farms.”
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Senator Natasha on FB listed 3 politicians that should be arrested if anything happens to her

The Senator representing Kogi Central Senatorial district, Natasha Akpoti-Uduaghan has taken to her verified Facebook page to raise a serious alarm, alleging that her life is in danger following a reported attack on her family house in Kogi State.
In the strongly worded post, the Kogi-born lawmaker fingered some high-ranking political figures in Nigeria, declaring that should anything happen to her, the Nigerian Senate President, Godswill Akpabio, former Kogi Governor Yahaya Bello, and the current state Governor, Usman Ododo, should be held accountable.
“Nigeria Police, I reiterate, should any harm befall me, Nigerian Senate President Godswill Akpabio, Ex Gov. Yahaya Bello & Gov. Usman Ododo of Kogi state should be held responsible,” she posted.
Her statement comes, hours after her family home in Kogi was attacked, although details surrounding the incident remain sketchy as of the time of filing this report.
Recall that this is not the first time the Kogi senator is making such allegations against the trio. She made the same statement few weeks ago during her homecoming to Kogi State where she accused the senate president, Akpabio and Yahaya Bello for plotting evil against her.
Senator Natasha has been a vocal political figure and critic of the ruling establishment in Kogi, and this latest development adds to the growing tension in the state and national political landscape.
Authorities are yet to issue an official response to her recent allegations.
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Emergency Rule: We should be thankful to President Tinubu -Wike

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has backed President Bola Tinubu’s declaration of a state of emergency in Rivers, saying he wanted the removal of Governor Siminalayi Fubara of the oil-rich state.
In a move that has continued to divide opinions, Tinubu suspended Fubara, his deputy, Ngozi Odu, and members of the House of Assembly following months of political crisis in Rivers State.
But Wike said the president’s move saved Rivers from implosion, arguing that the decision to appoint a sole administrator following Fubara’s suspension was a step in the right direction.
The former Rivers governor said this on Friday in Abuja during a media parley with select journalists.
“As a politician, I am not happy with the declaration of Emergency Rule in Rivers state. I wanted the outright removal of the governor. But for the interest of the state, the president did the right thing to prevent anarchy in the state.” Wike said.
However, people must tell the truth. The governor was gone. He was gone, yes… so when people say the president did this, I say they should be praising him.
“Every morning, they should go to the president and ask, ‘Can we wash your feet for saving us?’”
In February, the Supreme Court waded into the months-long political crisis in Rivers State, asking the Martin Amaewhule-led members of the state’s House of Assembly to resume sitting.
The apex court also barred the Central Bank of Nigeria (CBN) to stop releasing funds to the Rivers State government over what it labelled as disregard for court orders. It dismissed the cross-appeal filed by Fubara challenging the validity of the House of Assembly presided over by Amaewhule as the Speaker and asked the governor to re-present the budget to the lawmakers.
After weeks of back and forth between Amaewhule and the lawmakers over the budget re-presentation and moves to impeach Fubara, President Tinubu stepped in.
He suspended Fubara and his deputy and members of the Rivers State House of Assembly for six months, citing security reasons. Tinubu declared a state of emergency in the state and appointed Vice Admiral Ibok-Ete Ibas (retd) as the sole administrator, a step Wike said saved Rivers.
“Mr president came in and saved the situation, saved Rivers people from that calamity and anarchy,” the FCT minister argued.
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