News
Obi says N12bn Olympic expenditure disastrous
The presidential standard bearer of the Labour Party (LP), Mr. Peter Obi, has berated President Bola Tinubu and the nation’s sports leadership for the disastrous out of Nigeria in the just-ended 2024 Paris Olympics.
Nigeria finished with no single medal after spending over N12 billion while nine other African countries won medals.
In a series of posts on X, the former Anambra State governor expressed displeasure with the team’s inability to clinch a “single medal” despite the “huge financial investment.”
According to him, the N12 billion earmarked for Olympics “is almost twice the amount budgeted for the entire Ministry of Science and Technology.”
He wrote: “Now that the Paris Olympics 2024 has officially ended and our dear Team Nigeria, despite the huge financial investment made into the project, is returning without a single medal, let me unreservedly register my displeasure with the performance of our team and their handlers.
“The rascality and recklessness that has continued to characterise leadership in our nation in nearly every department.
“The general impression that has come to stick is the one that portrays our country as a joke, even on the international stage.
“How can one explain that a country like Jamaica spent less than 5% of what we spent on our contingents for the Paris Olympics 2024 and won as many as 6 medals.
“Yet with our huge financial investments and large contingent, we could not win even a single medal?”
He frowned at the “reckless” removal of Favour Ofili’s name from the team by some officials despite training for the Olympics.
“This is over N136 million (about $85,000) spent on each of the 88 Nigerian contingents to the Olympics, and no single medal was won while Jamaica, a nation which spent far less than we did, a total of about $2300 on each contingent, won 6 medals; 1 Gold, 3 Silver and 2 Bronze at the Olympics,” he said.
“Let us consider the case of Favour Ofili, a Nigerian professional sprinter who trained for years for the 2024 Olympics, only for her name to be recklessly and wrongly removed from the list of athletes for the 100m race at the Olympics by Nigerian sporting authorities.
“What explanation can anyone give about Annette Echikunwoke, a former Nigerian hammer thrower, who was frustrated by the same rascality of some Nigerian leaders, making her switch her allegiance to the United States, where she eventually won a medal in the just completed Olympics?
“These same professional athletes were denied the opportunity to represent our nation in Tokyo 2020, for similar reasons of administrative recklessness.
“What a country! What a shame! When do we stop these rascalities that always rob our nation of golden opportunities to make a positive change?
“I call on the government to investigate these gross misconducts and make sure that those responsible do not have the opportunity to do so again.
“We must build a nation of discipline and commitment to duty, where competence and capacity reign. That is the New Nigeria we preach, and it is possible.”
Meanwhile, Obi has eulogised two Nigeria footballers and former Rangers Football Club legends, Stanley Okoronkwo and Harrison Mecha. He joined other sports lovers in service of songs in Enugu last Thursday.
Both Okoronkwo and Mecha were retired footballers who enjoyed fulfilling football careers while playing for the Rangers Football Club and for the national team in their days.
“I have consistently advised that such heroes who have made positive impacts in our nation and contributed to our development by utilizing their talents and skills be celebrated and appreciated.
“Celebrating such heroic personalities will awaken in our younger generation, the passion to contribute to societal development.
“Both Okoronkwo and Mecha were football heroes who distinguished themselves in the field of play and contributed to the growth of our sports sector.
“May God Almighty, who is pleased to call them home, grant them eternal rest, and grant their families, the Ex-Rangers Int’l Footballers, and all of us the fortitude to bear their irreplaceable loss.
“May God continue to protect and bless their families.”
News
Reps Raises Alarm Over Poor Capital Budget Implementation
By Gloria Ikibah
The House of Representatives has expressed concern over the low implementation rate of the capital component of the 2024 budget.
Thr Chairman Public Accounts Committee (PAC), Rep. Bamidele Salam, during an interactive session with the Accountant General of the Federation, Dr. Shakirat Madein, on Wednesday, revealed that only 25 percent of the capital budget has been implemented.
The chairman who stated that the underperformance hinders economic growth and development, urged the AGF to expedite the submission of the 2022 Consolidated Financial Statement to the Auditor General in line with constitutional provisions.
Rep. Salam lamented Nigeria’s lag in timely audit report submissions compared to Kenya, Ghana, and Rwanda, attributing this to delays in financial statement submissions by the Accountant General’s office.
Addressing revenue leakages, the committee called for stricter measures, including process automation and regular audits of Government-Owned Enterprises. It also instructed the Accountant General, the Ministry of Foreign Affairs, and the Ministry of Interior to resolve issues delaying the automation of revenue collections from foreign missions to enhance transparency.
Rep. Salam disclosed that the 2021 Auditor General’s Report, recently submitted to the National Assembly, would be prioritized once the 2024 Appropriation Bill is passed.
In her remarks, Dr. Madein attributed delays in the consolidated financial statement to inadequate data from the Central Bank of Nigeria (CBN) but assured that efforts to resolve this are near completion. She pledged to conclude the process within two months.
The Accountant General also highlighted ongoing initiatives to enhance public expenditure management, including a review of the Financial Regulations 2009, which is awaiting Federal Executive Council approval.
News
Usman to Morka: “Peter Obi’s life now in your hands, nothing must happen to him
By Kayode Sanni-Arewa
Senator Nenadi Usman, the Chairperson of the Labour Party Caretaker Committee, has issued a stern warning to Felix Morka, the National Publicity Secretary of the All Progressives Congress (APC), stating that he will be held responsible for any harm that may come to Peter Obi or his associates.
Usman emphasized that Morka’s recent threat against Obi, the party’s former presidential candidate, would not be tolerated.
This comes after reports of Obi denying claims of his arrest at his home in Onitsha, Anambra State. Usman maintained that despite Obi’s denial, Morka’s comments on January 5, 2025, directly threatened Obi’s life and were an affront to the democratic process.
In a statement of condemnation, Usman said, “It is with great concern and a deep sense of responsibility that I condemn the inflammatory remarks made by Mr. Felix Morka during his appearance on national television. His statements not only pose a direct threat to Peter Obi’s life, reputation, and business interests, but they also undermine the fundamental principles of democracy, decency, and responsible political engagement.”
Usman continued, highlighting Obi’s dedication to public service, “Mr. Peter Obi is a man of impeccable character who has devoted his life to serving Nigeria and championing good governance. His commitment to merit, competence, and rule of law is unwavering. To attack him with baseless allegations and threats is a clear indication that the APC cannot engage constructively on the issues that truly matter to Nigerians
She further remarked that such rhetoric has no place in the country’s democracy, as it undermines national unity, discourages productive political discourse, and endangers lives. Usman reminded Morka and the APC leadership that “words have consequences,” and that the Labour Party would hold them accountable for any harm that befalls Obi or his associates.
Senator Usman also called on security agencies to investigate the alleged threat and hold Morka accountable for his remarks. “We urge the security agencies to take swift action to investigate this matter and ensure that individuals who use public platforms to incite violence or issue veiled threats are held responsible. Political leaders must rise above such petty behavior and focus on addressing the pressing challenges facing our nation, including insecurity, unemployment, and economic instability.”
Usman reaffirmed the Labour Party’s unwavering support for Obi, stating, “The Labour Party will not be intimidated by threats. Peter Obi represents hope for the Nigerian people, and we stand firmly by him in his pursuit of a better Nigeria.”
Additionally, Usman demanded a public apology from the APC and a retraction of Morka’s statements. She stressed that any failure to do so would imply tacit approval of such reckless behavior. “The APC must immediately issue a public apology to Mr. Peter Obi and retract the offensive statements made by its National Publicity Secretary. Anything less would be a tacit endorsement of such reckless and dangerous behavior.”
Concluding her statement, Usman reminded political leaders of their responsibility to promote peace, unity, and responsible political dialogue, emphasizing that true leadership is measured by how individuals treat one another, especially in times of disagreement.
News
Borno attack: Tinubu mourn slain soldiers, orders probe
President Bola Tinubu on Thursday mourned the soldiers who were killed in an attack on an army base in Sabon Gida, Damboa, Borno State.
Members of the Islamic State West Africa Province (ISWAP) launched a pre-dawn attack in trucks and on motorcycles last Saturday on the base in Sabon Gari in Damboa area of Borno State.
They set fire to the base along with army vehicles, military sources said, on condition of anonymity as they are not authorised to speak on the incident.
Fighter jets deployed from the regional capital Maiduguri 100 kilometres (62 miles) away struck the attackers as they retreated.
Tinubu in a statement by the presidential spokesman, Bayo Onanuga, expressed his profound sympathy to the military authorities following the loss of six brave soldiers during a dawn terrorist attack on January 4.
He ordered a “thorough investigation to uncover the circumstances that led to the unfortunate incident and ensure that it serves as a valuable lesson to prevent similar occurrences.”
“This resolute action by the Army demonstrates the capability and readiness of our military to confront and defeat threats to our nation’s security. Their actions testify to our resolve to eradicate terrorism and banditry, paving the way for a future where peace and security prevail for all Nigerians,” the President was quoted as saying.
I extend heartfelt gratitude and sympathy to our military and security forces on behalf of a grateful nation.
“Your sacrifices and dedication do not go unnoticed, and we stand firmly behind you in this ongoing fight to eliminate these threats.”
The Commander-in-Chief also commended the armed forces for their swift and decisive response, particularly the air component, in launching effective retaliatory strikes.
To Tinubu, the targeted air raids resulted in the significant neutralisation of numerous terrorists and the destruction of their assets as they attempted to flee.
The President wants the military to proactively take the war to the camps of bandits and terrorists.
He particularly emphasised the Northwest, where these criminals continue to threaten the lives and homes of innocent villagers.
Tinubu called on Nigerians and the media to support the military’s efforts to restore peace and security in the nation.
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