News
June 12: 25years after, we’re failing Nigerians but democracy is far better than autocracy-Minority leader, Chinda
..if you doubt try autocracy
…says we’ve to be extremely careful as signs of failed state are already showing here
Minority Leader of the House of Representatives, Rep Kingsley Chinda has said despite so many failures recorded on the last unbroken 25years of democracy, it still remains the best form of government as autocracy as an option is suicidal.
Chinda who represents Obio/Akpor Federal Constituency of Rivers State, made this disclosure while chatting with journalists on Tuesday in Abuja stating that:
“Well I would have clearly been in that class of persons that would say, look there is nothing at all to talk about democracy in Nigeria.
“But I belong to the groups of persons that stood firmly against military rule in Nigeria. At least I’ve gone through detention while in school to say no to military rule.
“For anybody who thinks that democracy is not good, try autocracy. You will see the difference.
“And so I believe that the worst democratic government is better than the best autocratic government.
“We are seated here today talking to ourselves, speaking freely, because we have a democracy. There are days that you cannot sit with me in this room to hold this interview, even whilst I am the leader of opposition in the country.
“We need to hide in a conclave somewhere for us to discuss like this. And as we are discussing, we are watching our back.
“So democracy comes with its own advantages. And I can tell you that men generally seek democracy, so that we have had it for 25 years. It’s a thing of joy.
“But then the question is, 25 years of democracy, how well have we fared? Are we succeeding? Are we doing the right thing? Are we truly making maximal use of the democracy that we have? The answer is no. We are not faring very well.
“We are abusing the opportunity we have much more than using it to further our society. One clear example which I have always said, what is the primary purpose of government? Security of the citizens and their welfare, so, are we succeeding?
“If we talk about security in Nigeria today, it’s worse than it was 25 years back. 25 years back, you can travel from Port Harcourt to Sokoto, even at night.
” In school, I used to ply night bus from Port Harcourt to Lagos. Good morning Lagos, good night Port Harcourt. Finish the business of the day. At night, you go back to the bus station and then you’re back to Port Harcourt the following morning.
“But you can’t do that now, even in the afternoon today, to move from Port Harcourt to Abuja, because of the strike recently, I wanted to drive from Port Harcourt to Abuja. And everybody was screaming, why would you want to take such a risk?
“So, that primary purpose of government, providing security, we have not succeeded.
“Now you go to welfare, which is the second purpose of government, why we have all agreed that we elect a few persons to act in our stead, so that they will take care of our welfare.
“How well has government succeeded? The same answer is, government has failed. The welfare of Nigerians are not getting better. Our welfare 25 years back is better than what we have today.
“But there ought to have been improvements. 25 years back, public taps were flowing, public schools were doing well. We all attended public schools. Public health facilities were running.
“But today, Nigerians provide for themselves. You provide your security because you must get a security man in your house and you pay for it. You provide power for yourself. Most people are going for solar today because the public system has failed. You send your children to private schools because public schools have failed. That is, you also provide education for yourself.
“So, what do you actually owe the government and what does the government owe you? You owe obedience, compliance with laws and all that and that’s why you see most people, out of anger, will kick against the government of the day.
“So, whilst we celebrate democracy, yes, 25 years, but we must also take stock and remind ourselves that we are failing.
“And I would dare say that if we continue without taking a proper course, we are bound to disintegrate as a country because the signs of a failed state are there. Government is just struggling to hold back. At a point, the centre might no longer hold. So, we need to be careful as Nigerians.
On what opposition is doing to help rewrite the situation in Nigeria, Chinda said: “Very well. As opposition members of the parliament, we have taken some steps.
“Most recently, on the issue of security, you will recall after our meeting that we asked the government that in three months, which will expire in July, I think July 16th, that if there is no improvement in the area of security, that we might be compelled to take steps to call on Nigerians to begin to do things that the government might not be comfortable with.
“Now aside that, things like welfare, most recently, we talked about the cyber security issue and implementation of that law, which led to a lot of brouhaha in the society.
“We intervened quickly to say no. The Central Bank circular, which intended to impose fees on Nigerians, was not correct, and it should be withdrawn. Fortunately, the president reacted and responded to it and withdrew that circular.
“So we think that these are some of the roles that we should be playing to check some of the excesses of government and draw attention of Nigerians to this and also call on government to take steps to correct them in the interest of Nigerians.
“Well, like I said earlier, that through legislative intervention, we should strive towards accomplishing the main purpose of government.
“A major example is the Local Content Act that we have today is limited to the oil and gas sector. And because of that Local Content Act, you can agree with me that more Nigerians are becoming big players in the oil and gas sector. Knowledge is being developed.
“Yes, the general economy in the country is also hitting that sector. And so that’s why you see some of these oil, big oil giants, Shell, Elf, Mobil, and all that, talking about either downsizing or selling off their interest and all that.
“But who are those that are buying off those interests? Most of them are Nigerians. So this is the advantage of the Local Content Act in the oil and gas sector.
“And we felt that it would not be proper to limit it to that sector. It should also dovetail into all other aspects and facets of our economy, into construction, into medical, into ICT, and all that.
“So it will develop local capacity. It will give opportunity for our people to be big-time players in all these other fields. And then it will also give minimum requirements for local content in those areas.
“Now, an example, again, it’s the issues of unemployment. What it means is that for every locality where you go to establish these firms or these operations, those from that locality must produce at least the lower cadre of the staff of such firms. And there is provision of training in it.
“They are compelled by law to continue to do training for these persons and then also be prepared to hand over even the expatriates to the locals within a particular number of years.
News
SAD! 10 Family Members Die In Private Jet Crash
A tragic plane crash in the city of Gramado, southern Brazil, has claimed the lives of ten family members of influential businessman, Luiz Claudio Galeazzi.
The crash involved a private plane piloted by Brazilian businessman Luiz Claudio Galeazzi. He, along with his wife, three daughters, and other family members, died in the crash, according to a statement from his company.
The small aircraft reportedly struck a building’s chimney, as well as a house and a shop, before crashing. Local authorities confirmed that 17 people on the ground were injured, with two in serious condition.
Mr. Galeazzi, 61, was reportedly taking his family on a trip to Jundiaí, São Paulo state. All ten victims were members of his family, as confirmed by the Governor of Rio Grande do Sul, Eduardo Leite.
The plane had taken off in poor weather conditions. The aircraft flew for about 3 kilometers (1.8 miles) before crashing into the urban area just minutes after takeoff on Sunday morning.
An eyewitness, Nadia Hansen, described hearing the plane revving up before it hit the building. “At the time, it was revving up. You could see that it was accelerating a lot,” Hansen said. “Then there was a bang as it hit the building and then it passed close to my house and then it fell, and I thought it had dropped in front of the house.”
Emergency workers were seen at the crash site, attending to the wreckage and debris from damaged buildings. Galeazzi was the CEO of Galeazzi & Associados, a corporate restructuring and crisis management firm based in São Paulo. His company expressed its condolences in a LinkedIn statement, honoring Galeazzi’s dedication to his family and his professional legacy.
The crash occurred near the center of Gramado, hitting a house, furniture store, and hotel. The cause of the accident is under investigation by the Aeronautical Accident Investigation and Prevention Center (Cenipa). Governor Leite assured that the state was mobilized to provide necessary assistance.
Gramado, a well-known tourist destination, has recently been hit hard by devastating flooding earlier this year, which caused extensive damage and displaced thousands of residents.
News
Renovation: Tinubu, Shettima’s official quarters to gulp N6.36bn
The Federal Government has allocated a total of N6,364,181,224 billion for the renovation and rehabilitation of the residential quarters of President Bola Tinubu, Vice President Kashim Shettima, and some of their aides in the 2025 budget proposal.
Sunday PUNCH’s analysis of the proposed allocation, contained in the 2025 Appropriation Bill presented to the National Assembly, showed that the annual maintenance of the Presidential Villa would gulp N5.49bn.
According to the proposed budget, N765m will be used for the renovation of the Vice President’s quarters and guest house.
The renovation of the president’s quarters at the State House will cost N6.39m, while the renovation of security quarters, auditorium, gymnasium and presidential aides’ quarters will cost N49m.
In addition, the renovation of Prescott barracks at Maple State House officers’ mess building and signal office in Asokoro, Abuja will cost N51m.
Further analysis of the budget revealed that Tinubu and his vice are also expected to have N87m as honorarium and sitting allowances, while N127m was allocated for the procurement of SUVs.
Also, N3.66bn was budgeted for the purchase of State House operational vehicles and N1,09bn will be spent on replacement of SUV vehicles at the State House.
Under the budget of the State House Lagos Liaison Office, there is an allocation of N14.72m for the routine maintenance of State House Lagos facilities (Dodan Barracks, Vice President guest houses at Ikoyi, among others).
Another N140.10m was allocated for the completion of renovation and furnishing of the State House annex (Dodan Barracks), Lagos.
Meanwhile, the Federal Government is planning to spend N1.83bn on converting forfeited properties from the Economic and Financial Crimes Commission into State House quarters.
The plan to convert forfeited houses from the EFCC comes in the same month that the commission disclosed the recovery of an estate in the Lokogoma District of Abuja, measuring 150,500 square metres and containing 753 units of duplexes and other apartments.
The commission described this as its “single largest asset recovery” since its inception in 2003.
The estate rests on Plot 109 Cadastral Zone C09 of the district, and was forfeited in a ruling on Monday, December 2, 2024, by Justice Jude Onwuegbuzie.
(Punch)
News
SEE NAIRA Rates Against The USD, GBP, EURO Today December 23, 2024
WHEN we look at this month, USD was traded at ₦ at the beginning of this December on Monday, December 2, 2024. As at today with USD being traded at ₦1,655 we see a % for United States Dollar to Naira exchange rate for this month.
On this page, we are primarily focusing on the Black Market Dollar To Naira Exchange Rate Today, the USD to Naira currency pair are the most traded currency in the FX market.
Black Market Exchange Rates
Buying Rate
Selling Rate
Dollar to Naira 1655 1640
Pounds to Naira 2150 2000
Euro to Naira 1730 1700
Canadian Dollar to Naira 1146 1135
Rand to Naira 52 43
Dirham to Naira 0 0
Yuan to Naira 62 62
G.Cedi to Nair 70 50
CFA F. (XOF) To Naira 0.83 0.81
CFA F. (XAF) To Naira 0.74 0.74
READ ALSO: INSIDE LIFE: 26-Year-Old Lady Died In Bangladesh With No One To Claim Her Body, She Is A Nigerian From Enugu (SEE PHOTO)
Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions.
Nairatoday.com
-
Politics23 hours ago
Ihedioha’s Ex-CoS, Others Dump PDP For APC
-
Foreign12 hours ago
There will be no same sex marriage again -Trump vows to end ‘transgender madness ‘
-
News11 hours ago
Nigerian Govt promises support for stampede victims’ families
-
News11 hours ago
Tinubu’s 50% transport reduction scheme may begin Tuesday
-
News7 hours ago
BREAKING: FG declares Wednesday, Thursday public holidays for Christmas, New Year
-
Sports12 hours ago
Lookman On Score Sheet As Atalanta Take Top Spot In Serie A, Roma Hit Five
-
News5 hours ago
Nigerian Man Who Rained Curses On President Tinubu Nabbed
-
Economy12 hours ago
Petrol to sell at N935 per litre from today-IPMAN