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Obasanjo queries implementation of subsidy removal, exchange rate unification
Former President Olusegun Obasanjo has taken a swipe at President Bola Tinubu’s implementation of the fuel subsidy removal and the unification of the exchange rate.
He said while they are necessary, their implementation was faulty. In a Sunday statement, Obasanjo’s spokesman Kehinde Akinyemi said his principal made the comment at a colloquium: “Nigeria’s Development: Navigating the Way Out of the Current Economic Crisis and Insecurity” at the Paul Aje Colloquium (tPAC) in Abuja on Saturday.
“Today, the government has taken three decisions, two of which are necessary but wrongly implemented and have led to the impoverisation of the economy and of Nigerians. These are the removal of subsidy, closing the gap between the black market and official rates of exchange and the third is dealing with a military coup in Niger Republic,” he said.
“The way forward is production and productivity which belief and trust in government leadership will engender. No shortcut to economic progress but hard work and sweat.”
Obasanjo also took a swipe at those against his position on the much-touted refurbished refinery at Port Harcourt, Rivers State, describing them as “sycophants and spin doctors”.
He declared that such people failed to remember that the attempt that was made in 2007 to partly privatise the refineries was made after a thorough study of the situation, hence his knowledge and a better understanding of the situation before making his decision late last year.
On what could be described as his position on 365 days of President Tinubu’s administration, the former president also posited ways out of the situation in the country, including a 25-year development agenda.
He said: “The economy does not obey orders, not even military orders. I know that. If we get it right, in two years, we will begin to see the light beyond the tunnel. It requires a change of characteristics, attributes, and attitudes by the leadership at all levels to gain the confidence and trust of investors who have
alternatives.
Obasanjo added: “Total Energy has gone to invest $6 billion in Angola instead of Nigeria. If the truth must be stated, the present administration has not found the right way to handle the economy to engender confidence and trust for investors to start trooping in.
“They know us more than we know ourselves. And now they are laughing at us, not taking us seriously. We have to present ourselves in such a way that we will be taken seriously. If the existing investors are disinvesting and going out of our country, how do we persuade new investors to rush in? We can be serious if we choose to be but we need to change from transactional leadership in government to transformational and genuine servant leadership.
“With change by us, the investors will give us the benefit of the doubt, and security will be taken care of on a sustainable long-term basis, they will start to test the water. With the right economic policies, attribute of integrity, and honesty of purpose, all should be well with all hands on deck and the government becomes a catalyst for development, growth, and progress.
The eldestatesman said, “tinkering with the exchange rate is not the answer. The answer is consistency and continuity in policy to ensure stability and predictability.
That way, we will be sure of incentivizing domestic and foreign investment. There must be honesty and transparency in government dealings and contracts and not lying with deception about these issues.
When the government is seen as pursuing the right policy, the private sector will go for production and productivity. Change is possible but it must begin with the leadership”.
The former president’s reaction to the refinery issue was coming barely six months after a claim that the refinery would begin operation in January. He noted that to get out of the current situation of the country, the government and the governed needed to look at the past and the present, and asked: How do we get here?
“Looking at the topic of today’s occasion, the question I would ask is, how do we navigate our way out of these crises and pave the path towards a more secure and prosperous Nigeria? I believe the answer to this requires a multi-faceted approach that addresses the root causes of these challenges,” he said. “The central questions are: where were we? And how did we get to where we are today?”
Obasanjo said, “Firstly, we must know where we are coming from. Our economy has consistently suffered from poor policies, lack of long-term sustainable policies, discontinuity, adhocry, and corruption firmed on personal greed, avarice, incompetence, lack of knowledge and understanding, and lack of patriotism.
“For instance, the statement and proposed actions given forty-five years ago to stop fuel scarcity are the same statement and action being touted today. I recall when I made the statement that the refineries would not work, the sycophants and spin doctors of this current administration went out to castigate me as not being a petroleum engineer and that I did not know what I was talking about.
“They forgot that the attempt that was made in 2007 to partly privatise the refineries was made by me after a thorough study of the situation. But the decision was reversed by my successor and the 750 million dollars paid was refunded.”
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SHAME! WATCH moment NDLEA nabs nursing student over attempt to ingest 76 wraps of h3rd drugs
Again, NDLEA operatives have proven that there’s no hiding place for hard drug peddlers as a nursing student was nabbed over attempt to ingest 76 wraps of drugs.
Naijablitznews reports that the video clip captured the student counting such a large quantity of hard drugs she wanted to ingest.
WATCH clip below:
News
NDLEA massive raids across Nigeria yields results nabs India-bound nursing student(Photos)
… over attempt to ingest 76 wraps of cocaine
…intercepts illicit consignments heading to Borno, Kano, Abuja; arrests 33 suspects in Lagos, FCT, Kano, Kwara, Kogi, Taraba raids
Attempt by 26-year-old Esther Onyinyechi Uzodinma, a 200-level student of nursing at the Noida International University, Uttar Pradesh, India, to swallow 76 wraps of cocaine hours before her return flight to the South Asian country through the Mallam Aminu Kano International Airport, MAKIA, Kano, has been thwarted by operatives of the National Drug Law Enforcement Agency, NDLEA.
Esther was scheduled to return to Delhi, India from MAKIA Kano on Qatar Airways flight 1432 on Friday 17th January 2025 but was arrested in her room at 11:30pm on Thursday 16th January at Royal Park Hotel Sabon Garin Kano, while awaiting the cocaine consignment she was to ingest before her flight the following morning.
Her lid was blown open when NDLEA operatives on patrol along Okene-Lokoja highway in Kogi state on Thursday 16th January intercepted 31-year-old Cosmas Okorie in a commuter bus coming from Lagos enroute Kano. Inside his black polythene bag was an audio speaker, which was used to conceal 76 pellets of cocaine weighing 1.340 kilograms, which he was going to deliver to Esther in Kano. A swift follow up operation in Kano led to the arrest of the female nursing university student later same day.
In her statement, Esther claimed the drug cartel she was working for recruited her in India and paid for her trip to Nigeria to enjoy her Christmas and New Year holidays.
To avoid her parents knowing she was in Nigeria, Esther did not travel to her home state, Imo but was lodged for two weeks in a hotel in Enugu, from where she was flown to Abuja and then Kano where she was lodged at Royal Park Hotel to swallow the 76 pellets of cocaine sent to her from Lagos before taking her Qatar Airways flight to India on Friday morning. She said she was promised over $5,000 upon successful delivery of the illicit consignment in India.
In other operations along the Okene-Lokoja-Abuja highway, NDLEA officers arrested four suspects: Abdullahi Umar; Tijjani Samaila; Lucky Obotte and Abubakar Haruna, who were heading to Maiduguri, Borno state, Kano, and Abuja in commuter vehicles with over 38,000 pills of tramadol 225mg, 250mg and 100mg concealed in audio speakers and cloths.
In Lagos, operatives of a special operations unit of the Agency on Tuesday 14th January raided the hideout of a 59-year-old Nwokedi Emeka Jonas in Ojodu-Berger area of the state where they recovered 10 parcels of Canadian Loud, a synthetic strain of cannabis weighing 4.9kg as well as different paper bags he uses in dispensing the psychoactive substance in retail quantities. Printed on them include street names and codes such as ‘Dead man’; ‘Gelato top shelf smoke’; ‘Topshelf’; and ‘Gelato cake’
In other operations in Lagos, operatives of the state Command of the Agency on Wednesday 15th January raided a house in Igando New Town area of Alimosho where they arrested three suspects: Isaac Vincent, 32; Ebube Ikechi, 25; and Christopher Usifoh, 43, from whom 1,610kg skunk, a strain of cannabis and 6kg pills of tramadol were recovered. Also recovered from the house were a delivery van and three other vehicles used for distributing the illicit drugs.
Two suspects: Olashile Okoya and Mohammed Ibrahim were arrested on Saturday 18th January when NDLEA officers raided their home at 5A Addison Palmer, Cadogan Estate, Castle Rock Avenue, Osapa, Lekki Lagos, where 28 kilograms of Cannadian Loud were recovered following credible intelligence.
Not less than 67kg skunk was seized from Saheed Sulaiman on Thursday 16th January when NDLEA operatives raided his Edumare street, Lagos Island hideout, while various quantities of assorted illicit substances were recovered from Adamu Abdullahi on Tuesday 14th January when Jerry Irabi Estate, Lekki hideout was raided by NDLEA officers. They include 3.7 litres of codeine syrup; 10,000 pills of tramadol; 1,670 tablets of rohypnol; 6.5kg cannabis; 3,100 tablets of diazepam; 10,090 tablets of Molly; 5,500 tabs of Exol-5; 1.2kg crisps of wrapped methamphetamine and a monetary exhibit of ₦623,650.00.
In Kano, two suspects: Usama Adamu, 25, and Isah Ibrahim, 29, were on Friday 17th January
arrested at Dawanau, Dawakin Tofa LGA where a total of 7.6kg skunk, 78 tubes of rubber solution and 356 bottles of ‘suck and die’, a new psychoactive substance were recovered from them.
In another raid in Kano, Usman Isa, 29, was nabbed along Zaria road with 114 blocks of skunk weighing 49.8kg.
Three suspects: Lawali Isiaka, Umoru Isiaka and Mohammed Kabiru were on Wednesday 15th January arrested by NDLEA operatives with 390 tablets of Molly and 65.5kg of cannabis at Bode Saadu in Moro Local Government Area of Kwara State, while Samuel Ogbu, 24, was nabbed with 25,000 pills of tramadol by operatives along Wukari- Zaki Ibiam road, Wukari LGA, Taraba state.
In series of raids in Abuja, a suspect, Rufa’i Hashimu, 27, was arrested at Gwarimpa village area of the FCT with 118 bottles of codeine-based syrup, while 13 others were nabbed in other locations such as: Area1 IDP camp, Gishiri, Zuba, Dei -Dei, AYA, Lagos Street Garki, Karu, and Lugbe.
Recovered from them include different quantities of tramadol, diazepam, and methamphetamine.
With the same vigour, Commands and formations of the Agency across the country continued their War Against Drug Abuse, WADA, sensitization activities to schools, worship centres, work places and communities among others in the past week. These include: WADA sensitisation lecture to students and staff of NUD Basic Primary School, Orile-Igbon, Oyo state; Corpus Christi College, Ilawe Ekiti; Holy Family International Schools, Calabar; Kudam Islamic School, Osogbo; Business Apprenticeship Training Centre, Kankia, Katsina, while Abia state command of NDLEA paid a WADA advocacy visit to Governor Alex Otti, among others.
While commending the officers and men of Lagos, Kogi, SOPU, Kano, Kwara, FCT, and Taraba Commands of the Agency for the arrests and seizures, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd) urged them and their compatriots across the country not to rest on their oars as they intensify their balanced approach to drug supply reduction and drug demand reduction efforts.
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SAD! Two Judges shot dead in Court as attacker takes own life
Two top judges in Iran were shot dead on Saturday in what has been reported as a targeted assassination directed at the Islamic regime’s enablers in the country’s Supreme Court.
The two judges, Ali Razini and Mohammad Moghiseh were killed after an armed man entered the court, in Tehran, Iran’s capital on Saturday morning.
The attacker was said to have then killed himself while fleeing the scene, according to the judiciary’s news website, Mizan. A bodyguard was also injured in the attack.
The motive for the attack is unclear, but both judges are said to have played a role in the persecution and killing of opponents of the Islamic regime throughout the 1980s and 1990s.
In a statement to state news agency IRNA, the judiciary’s media office described the attack as premeditated assassination.
It also said that, according to initial findings, the attacker had not been involved in any case considered by the supreme court, and an investigation had been launched to identify and arrest any further people who may have been involved in the attack.
The judiciary’s spokesman, Asghar Jahangir, told Iranian state TV that the attacker had entered the court carrying a handgun before opening fire.
One of the judges, Razini, had survived an assassination attempt in 1998 that shook Iran at that time. He was one of the most senior judges in Iran.
The other, Moghiseh, was sanctioned by the US in 2019, with the treasury department accusing him of having “overseen countless unfair trials, during which charges went unsubstantiated and evidence was disregarded”.
At that time, he was a judge in the Tehran Revolutionary Court. He was reportedly named to the supreme court in 2020.
Moghiseh was also among seven Iranian judges sanctioned by Canada in 2023 for what the country described as “their role in gross and systematic human rights violations”.
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