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It’s an injustice to blame Tinubu over economic hardship – Sanusi
By Francesca Hangeior
Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President Bola Tinubu for the current economic hardship the country is facing.
Sanusi said the country is battling a failing economy due to mismanaged economic policies of the past eight years.
He stated this while speaking virtually on Sunday at a religious event in Abuja.
He said he would not join those who are bent on criticising Tinubu over the current economic challenges in the country.
Sanusi said, “I have been, over the years, talking about the pending crisis ahead of the current economic hardship. Any economist who has studied monetary policy in the last eight years knows that Nigerians will fall into this difficult situation.
“The difficult situation Nigerians are facing is just the beginning (if the right decision is not put in place) because Nigeria is not exceptional; such situations happened in Germany, Zimbabwe, Uganda, and Venezuela.
“The previous administration turned adamant about our appeal for corrective measures (on the economic policy). I have said in the presence of the now sitting president in Kaduna state, any politician who tells you that things will be easy, don’t vote for him because he is lying. People merely dismissed my advisory as a political statement.
“If I am to be fair and just to President Bola Tinubu, he is not to blame for the current hardship; for eight years, we were living a fake lifestyle with huge debt from foreign and domestic debts. The Central Bank of Nigeria owes over N30 trillion, which resulted in debt service surpassing 100 percent.
“I can’t join other Nigerians criticising Tinubu on the current economic hardship, and I am not saying he is a saint free from wrongdoing, but in this current economic situation, President Tinubu is not to be blamed. I will also speak if I see any wrong economic policy of the Tinubu administration in the future, Stated.
He added that Tinubu’s decision to remove fuel subsidy should be applauded.
He said, “It’s injustice for anyone to blame the Tinubu administration for the current economic hardship because there is no other alternative than the removal of the fuel subsidy. After all, Nigeria cannot even afford to pay the subsidy. In the last eight years, the Central Bank continued to print more money, and the naira continued to depreciate. There is too much naira in circulation because the CBN is printing the currency without restraint.
“The economy was poorly managed, and they are not willing to take advice; in the last eight years, apart from sycophancy, nothing has been done; those sycophants are those buying the dollar at the rate of N400 and selling it at the rate of N600 to N700.
“A boy who has no record of service has a private jet and owns houses in Dubai and England just because he is buying dollars at so a rate and selling them.
“I can only plead with the people to endure the hardship, and those who have the means to help the downtrodden should do so.
“I am also pleading with commoners to live according to their earnings; we must not peg our lives above our earnings in this difficult situation where people are looking for what to eat.”
During his inaugural speech in 2023 after the general elections, Tinubu announced the removal of fuel subsidy.
He stated that the country could no longer maintain it, noting that the trillions of naira yearly spent to sustain the subsidy were meant to better the healthcare and transportation sector, schools, housing, and national security, among others.
However, following the removal, Nigerians had been thrown into hardship from the soaring cost of food to increased drug prices.
News
Bandits attack Katsina LG chair, kill police escort
Suspected bandits attacked the residence of the Chairman of the Malumfashi Local Government Area of Katsina State, Maharazu Dayi, on Tuesday evening, killing a police officer.
The hoodlums shot the officer, identified as Shamsudeen Lawal, who was later confirmed dead at the nearby hospital where he was taken for medical treatment.
Speaking to our correspondent, the state Police Public Relations Officer, Abubakar Sadiq, said Lawal was shot and rushed to the hospital where he was confirmed dead.
“Yes the incident happened yesterday [Tuesday] but our men were mobilised to the scene as the officer was rushed to the hospital where he was confirmed dead.
“We arrested three suspects in connection with the attack and further development will be communicated to you as the investigation is ongoing,” he said.
As of the time of filing this report, it was not clear if there were injured victims, but The PUNCH gathered that security operatives thwarted attempts by the bandits to break into the residence.
An eyewitness who spoke on condition of anonymity said the chairman and his family were in the house at the time of the attack.
News
Cyberstalking: Court decides Sowore’s bail today
The Federal High Court in Abuja, on Wednesday, adjourned to Thursday for its ruling on the bail application filed by a former presidential candidate and activist, Omoyele Sowore, who is facing 17 counts of cybercrime charges.
Until the court rules on the bail application, Sowore will remain in police custody.
Justice Musa Liman decided after hearing arguments from Sowore’s counsel, Marshal Abubakar, and the prosecution counsel for the Nigerian Police Force, Udey Jonathan.
Sowore had pleaded not guilty to all 17 counts when it was read to him earlier in the day.
In the charge, the activist was accused of using his verified X handle account, ‘Omoyele Sowore,’ to post a tweet against the Inspector General of Police, calling him “illegal IGP Kayode Egbetokun.”
The police alleged that the statement was false and intended to incite a breakdown of law and order.
Justice Liman, who had initially stood down the matter in the morning, scheduled the bail application ruling for 3 pm.
At the resumed hearing, Sowore’s counsel, Abubakar, prayed to the court to grant the defendant bail in the most liberal terms.
“We have a motion on notice filed today, January 29, 2025,” Abubakar stated.
“I ask you, my noble lord, to release the applicant on bail in the most liberal terms possible, pending the hearing and determination of the trial.
“The applicant has also filed a 16-paragraph affidavit deposed to by Sunday Agabi, and we rely on the arguments within. We urge your lordship to grant our application,” he added.
Abubakar further argued that the court had a duty to grant bail at its discretion, regardless of the strength of the opposing arguments of the complainant.
The prosecution counsel, Udey Jonathan, opposed the application, urging the court to deny Sowore bail.
“My lord, a counter-affidavit deposed by one Friday Ameh, a police intelligence officer, has been filed against the bail application,” Udey said.
“We seek reliance on all paragraphs of our counter-affidavit and have filed a written address in support, dated January 29, 2025.
“We adopt the written address as our oral submission against the bail application and urge the honourable court to dismiss it,” he added.
The prosecution counsel further stated that “Bail cannot be handed out like candies; it should not be granted in vacuo. While bail is at the court’s discretion, it is not a state of grace.
“If the court decides to grant bail, it should impose stringent terms to ensure the defendant’s appearance for trial, including the submission of his international passport.”
After hearing arguments from both sides, Justice Liman adjourned the matter to 1 pm on Thursday for the ruling.
News
Gani Adams fumes as Sultan backs Sharia courts in S’West
The Sultan of Sokoto-led Nigerian Supreme Council for Islamic Affairs has thrown its weight behind the push to establish Sharia courts in South-West states.
In a statement on Wednesday titled, “Live and Let Live!” signed by its Deputy National Legal Adviser, Haroun Muhammed, the NSCIA decried what it described as the “high spate of intolerance and disregard for the rights of Muslims, especially in the Southern part of the country.”
The council argued that contrary to the assertion of South-West governors, Sharia courts are backed by the Nigerian Constitution.
The intervention by the NSCIA comes on the back of festering controversies over the creation of Sharia courts or panels in South-West State.
On Tuesday, the Governor of Ogun State, Dapo Abiodun, issued a stern statement rejecting the formation of a Sharia Court in his state.
Abiodun said Sharia courts are not recognised in Ogun State’s legal framework and Nigeria’s constitution and warned the brains behind the Sharia court to halt the formation.
Abiodun’s statement came about a week after his counterpart in Ekiti State, Biodun Oyebanji, kicked against the establishment of a Sharia panel in Ekiti.
Earlier in December last year, an announcement by the Supreme Council for Shari’ah in Nigeria to inaugurate a Sharia court in the Oyo town of Oyo State generated controversy, leading to its indefinite suspension.
Addressing the issue, the Governor of Oyo State, Seyi Makinde, said, “About the establishment of Sharia court in Oyo town, people may try, but for us, I swore to uphold our laws and the Constitution of Nigeria.”
However, the Sultan-led NSCIA, on Wednesday, called on governors and traditional rulers in the South-West to protect and preserve the constitutional rights of Muslims in their respective domains.
The NSCIA described as “unnecessary and unwarranted” the resistance to the establishment of Shariah panel in the South-West, noting that the Sharia Arbitration Panel was a voluntary platform designed solely for the resolution of civil and marital disputes among consenting Muslims.
Muhammed said, “The NSCIA strongly supports the establishment of Independent Shariah Arbitration Panel in Ekiti and Oyo States for the purpose so intended, especially where the Muslims in the states have been denied their constitutional right to a Shariah Court of Appeal in all the states of southwestern Nigeria.
“The council cannot find any legal justification for the unnecessary alarm and unwarranted resistance. All the states in the North have Shariah Courts and some, in addition, have Customary Courts.
“The most recent of this is the development emanating from Ekiti state where the effort of the Muslim community to set up an Independent Shariah (Arbitration) Panel was met with unwarranted resistance and objections from both political and traditional quarters.
“This is coming barely a few weeks after the announcement of the inauguration of a Shariah panel in Oyo State generated unnecessary anxiety thereby leading to its indefinite postponement.
“This and other cases, such as the denial of the rights of female students to wear the Hijab despite a Supreme Court judgment, are nothing but calculated attempts to prevent Muslims in the region from practising their faith.”
The council maintained that the setting up of the panel was legitimate, mentioning that the Arbitration and the Shariah Court of Appeal, just like the Customary Court of Appeal (which all of them have) are provided for in the 1999 Constitution (as amended) of the Federal Republic of Nigeria (see section 275), “confirming the legality of both initiatives. “
“The Independent Arbitration Panel, which is a voluntary platform designed solely for the resolution of civil and marital disputes among consenting Muslims was to fill the inexplicable vacuum created by the failure of the political elite in South-Western Nigeria to establish Shariah Courts, as allowed by the Nigerian Constitution, in South-Western States, despite the huge population of Muslims in the region,” the statement further read.
The NSCIA advised against acts of intolerance for Muslims in the South-West, such as the opposition to the inauguration of a Sharia panel in Oyo and Ekiti States, and the denial of the rights of female students to wear the Hijab despite a Supreme Court judgment.
“The Nigerian Supreme Council for Islamic Affairs under the
leadership of its President-General and Sultan of Sokoto, His Eminence, Alhaji Muhammad Sa’ad Abubakar, CFR, is particularly disturbed about the high spate of intolerance and disregard for the rights of Muslims, especially in the southern part of the country.
“The council calls on the governors and traditional authorities in the southern part of the country, particularly the South-West, to ensure that the constitutional rights of Muslims in their respective domains are preserved and protected. While others are allowed to live, Muslims should also be let live,” the statement read.
‘Sharia Court not new in Ogun’
Meanwhile, the spokesman for the Sharia Arbitration Committee in Ogun State, Mallam Yusuf Oloyede, has clarified that the panel was inaugurated in 2018 and had been sitting at the Egba Central Mosque, Kobiti, Abeokuta, to handle disputes among Muslims.
Oloyede made this disclosure in an interview with The PUNCH on Wednesday, following public reactions to a flier circulating on social media announcing the inauguration of the committee.
According to him, the flier created a false impression that the panel was newly established, whereas it had been operating for over six years.
Oloyede emphasised that the committee does not function as a court but serves as an arbitration panel for Muslims who voluntarily seek resolution of their disputes in line with Qur’anic and Hadith principles.
“What we have is not a court per se but an arbitration committee that has been in existence since 2018. It is for arbitration of issues for Muslims who want such issues heard and resolved according to the Quran and Hadith,” he stated.
He further explained that the panel comprises jurists drawn from different regions of the state, including Yewa, Ijebu, Egba, and Remo, and holds its sittings at Egba Central Mosque.
On whether the committee would discontinue its sessions or review its operations following the Ogun State Government’s recent warning, Oloyede said the matter would be deliberated upon internally.
“We wouldn’t know how the state government’s statement is applicable to us because we are not running a court but an arbitration committee,” he said.
He added that the panel would meet soon to discuss the latest developments and determine the next course of action.
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