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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.”
News
2025 UTME Crisis: Lawmakers from South East Call for Leadership Overhaul at JAMB

…call for suspension of digital unit, cancellation of exams over widespread disruptions
By Gloria Ikibah
Lawmakers representing the South East in the House of Representatives have called for the immediate step-down of the Registrar of Joint Admissions and Matriculation Board’s (JAMB), Prof. Ishaq Oloyede, citing severe lapses in the recent administration of the 2025 Unified Tertiary Matriculation Examination (UTME).
The caucus, under the leadership of Rep. Igariwey Enwo, in a statement issued on Monday in Abuja, expressed outrage over what they termed a systemic breakdown that affected nearly 380,000 candidates, many of whom must now retake the test.
The lawmakers noted that the five South Eastern states were among the hardest hit.
The caucus further criticised the handling of the issue, pointing to inadequate public communication, exam rescheduling that clashed with WAEC timetables, and the short notice provided to affected students.
The lawmakersemphasised that the mishandling has placed avoidable stress on students and their families.
News
WHO chief urges nations to adopt pandemic agreement

By Francesca Hangeior
The head of the World Health Organization on Monday urged countries to adopt this week the Pandemic Agreement, aimed at preventing a repeat of the Covid-19 crisis.
WHO member states are holding their annual World Health Assembly, a gathering of the UN health agency’s decision-making body.
“At this assembly, member states will consider, and hopefully adopt, the WHO Pandemic Agreement,” WHO chief Tedros Adhanom Ghebreyesus said in his opening address to the gathering in Geneva.
“This is truly a historic moment.”
After more than three years of negotiations, the text of the agreement was finalised by consensus last month.
The United States pulled out of the talks, following US President Donald Trump’s decision to trigger the country’s one-year withdrawal process to leave the WHO.
“Even in the middle of crisis, and in the face of significant opposition, you worked tirelessly, you never gave up, and you reached your goal,” said Tedros.
The hard-fought consensus spurred “joy, triumph, relief, exhaustion,” he said.
“I look forward to your adoption of the agreement.”
The agreement on pandemic prevention, preparedness and response is expected to be adopted by the assembly on Tuesday.
It aims to better detect and combat pandemics by focusing on greater international coordination and surveillance, and more equitable access to vaccines and treatments.
The negotiations grew tense amid disagreements between wealthy and developing countries, with the latter feeling cut off from access to vaccines during the Covid-19 pandemic.
The agreement faced opposition from those who thought it would encroach on state sovereignty.
Countries have until May 2026 to thrash out the details of the agreement’s Pathogen Access and Benefit-Sharing mechanism.
The PABS mechanism deals with sharing access to pathogens with pandemic potential, and the sharing of benefits derived from them: vaccines, tests and treatments.
Once the PABS system is finalised, the agreement can then be ratified. Sixty ratifications are required for the treaty to enter into force.
News
One dead, 61 rescued after migrant boat Boat capsises in English channel

By Francesca Hangeior
At least one person has died while 61 others were said to have been rescued after an overloaded migrant boat disintegrated in the English Channel during an attempted crossing overnight, according to French maritime authorities, Sky News reported on Monday.
The Maritime Prefect of the Channel and the North Sea confirmed the vessel had collapsed in the water, prompting a major rescue operation involving both French and British emergency services.
Among the rescued were a mother and her child, both suffering from hypothermia. They were airlifted to the hospital by helicopter. The rest of the survivors were transferred to the port of Boulogne-sur-Mer, south of Calais.
The French rescue tug Abeille Normandie launched three speedboats to retrieve 50 people from the water.
An additional 11 were rescued by British crews—two by the Royal National Lifeboat Institution and nine by the UK Border Force vessel Ranger. All were eventually brought aboard the French tug.
A French Navy helicopter later spotted an unconscious person in the sea. The individual was retrieved by the RNLI and taken to the Abeille Normandie, where they were declared dead by the medical team onboard.
The United Kingdom government confirmed the fatality and expressed condolences. “We can confirm there has been a tragic incident in the Channel involving a small boat in French waters, which has resulted in the loss of one life.
“This latest tragedy underlines the terrible dangers of small boat crossings, and we continue to do everything we can to prevent callous criminals exploiting vulnerable people. Our thoughts are with those affected,” a spokesperson said, adding that efforts to prevent human smuggling continue.
The incident occurred amid a surge in Channel crossings. Over 12,000 people have arrived in the UK by small boats this year, including more than 1,100 in the past week alone.
Labour leader Sir Keir Starmer recently vowed to dismantle smuggling networks, while Prime Minister Rishi Sunak warned of growing immigration pressures and pledged to reduce net migration by 2029.
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