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New year message: Peter Obi advises Tinubu to spend holidays in different states

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…to understand the pains of Nigerians

…outlines good governance indicators

Peter Obi, ex- Governor of Anambra State and Labour Party Presidential Candidate in Nigeria’s 2023 Presidential Election has advised President Bola Tinubu to spend his holidays in different states of Nigeria.

READ FULL MESSAGE BELOW:

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My Fellow Nigerians, Happy New Year!

As we begin the New Year 2025, it has become imperative for me to speak to you as a Nigerian interested in the progress of the country.

The political, economic and security situation of our country is worsening daily, despite contrary positions and claims by the government of improvement in different spheres of human endeavour.  Our national challenges are visibly worsening. Our nation and its fortunes are in clear reverse.

“The indices are clearly indicative of our decline, thus:Our national indices tell a disconcerting story Nigeria remains one of the poverty capitals of the world, with over 100 million people living in extreme poverty and more than 150 million in multidimensional poverty.

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“The situation has deteriorated significantly over the past 18 months under the current administration. As a nation, we have fallen from being the largest economy in Africa, with a GDP of $574 billion and a per capita income of over $3,500 in 2014, to now ranking fourth on the continent. Our current GDP is less than 50% of what it was a decade ago, standing at approximately $200 billion, with a per capita income of barely $1,000.Nigeria remains one of the most insecure and least peaceful nations in the world, with countless communities and families displaced from their homes and now living in IDP camps.

According to the Global Peace Index (GPI), Nigeria ranks 143rd out of 163 countries in terms of peacefulness – an indication of a high level of distress.Food insecurity has become our new national norm, making Nigeria one of the hungriest countries in the world.

” Gainfully employed and middle-income Nigerians now spend nearly their entire incomes on feeding, with some even resorting to borrowing just to eat. For those living on the margins – low-income earners and the unemployed – the situation is even more dire.

“The newly approved minimum wage of N70,000 cannot afford a bag of rice or even half a bag of beans. As a result, many Nigerians go to bed hungry, while a significant number now rely on palliatives and charitable support.

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“Tragically, this has recently led to several avoidable deaths. Nigeria’s ranking on the 2024 Global Hunger Index is 110th out of 127 countries, reflecting a critical level of hunger and food insecurity in the nation.We have earned the dubious distinction of being one of the countries with the largest number of people without access to electricity.

“In 2024, despite abysmal and unacceptable power generation and distribution, the frequency of National Grid collapse increased significantly, with the Grid failing 12 times in 12 months. As a result, we are now mockingly referred to as the “generator country.”

“This persistent lack of adequate energy supply continues to hinder our national development.Corruption, official malfeasance, fiscal profligacy, and the mismanagement of public resources continue to rise astronomically in our country, spreading across all spheres of government.

“Similarly, nepotism and the disregard for the Constitution, the rule of law, and due process have become the norm.

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“Our national debt has risen astronomically, from approximately N15 trillion in 2015 to N100 trillion today.

” This sharp increase has occurred within the past 18 months under the current administration. Ironically, these borrowings are largely allocated to non-regenerative programmes and projects, leaving little to no tangible developmental assets to show for the debt.Inflation remains at an all-time high, businesses are collapsing, and manufacturing companies are barely surviving, further contributing to the already high unemployment rate.

“We hold periodic elections that are no longer genuine. Our electoral processes are visibly flawed, lacking transparency and credibility.

” Although Nigeria is a democratic country, the electoral processes fall far below acceptable standards, with the people’s votes often not counting.Suggestions on the way forwardFrom all indications, Nigeria urgently needs selfless and exemplary leadership across the three arms and tiers of government. However, this much-needed exemplary leadership must begin at the very top.

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“Since the ultimate responsibility lies with Mr. President, I will direct my attention to him.

“Mr. President, present-day Nigeria aligns closely with Dr. Martin Luther King Jr.’s powerful words: “We are confronted with the fierce urgency of now. This is no time for apathy or complacency. This is a time for vigorous and positive actions.”

” Because we all love Nigeria and desire its prosperity, I would like to suggest some actions I would have personally approached differently. It is time to confront our national problems boldly, decisively, and with a sense of urgency. My suggestions are as follows: Commence a visible and verifiable reduction in the cost of governance to allocate much-needed resources to critical areas of development, such as security, health, education, and poverty alleviation.Aggressive and visible attention should be given to combating corruption effectively.

“While addressing past corrupt activities, we must ensure proper investigations and recoveries related to missing funds or their sources.

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“The focus should be on eliminating current and future official malfeasance through increased transparency and accountability in public procurement and contract award processes, as well as thorough monitoring of execution to ensure that limited resources are efficiently utilized and applied productively.

“All future borrowing must be tied to regenerative investments and visible, productive assets that benefit the nation.

” This will ensure both productivity and the ability to service and amortize such loans, rather than continuing the current practice of accumulating massive debt with no tangible returns, which places undue strain on future development revenue.Mr. President, out of the approximately 580 days you have been in office, it is reported that you have spent over 30%, or around 180 days, on more than 30 publicly recorded overseas trips.

” My appeal is that you dedicate at least 20% of 2025 – roughly 72 days – to visit each of Nigeria’s 36 states for two days each. As President, such visits would give you the opportunity to better understand the dire economic and security situations across the country.

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” Furthermore, it is time for you to visit our national hospitals. Consider, for example, that your next medical examination be conducted at one of our National Hospitals or Regional Federal Medical Centres, such as the FMC in Sokoto or Birnin Kebbi or Calabar or Umuahia or Akure, among others. This will allow you to assess the state of healthcare facilities available to Nigerians.

” It will also help you understand the condition of our hospitals and clinics, enabling you to make informed decisions on how to upgrade and make them efficient.

“Endeavour to travel by road to observe the condition of most highways.

” You can take short trips, for example, from Calabar in Cross River State to Uyo in Akwa Ibom State, a distance of less than 100 km, or from Benin in Edo State to Warri in Delta State.

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” I recall taking President Olusegun Obasanjo on a trip from Awka to Onitsha on a federal highway when I was the Governor of Anambra State.

“That journey prompted him to immediately approve the reconstruction of parts of the road by the Anambra State government, with subsequent reimbursement by the federal government.

” Such actions are immensely valuable.

“Make both impromptu and planned visits to our tertiary institutions, where our children and future leaders are being trained, are essential to familiarize yourself with the available infrastructure, facilities, and amenities.

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“These visits will provide valuable insight into whether the resources of the Tertiary Education Trust Fund (TETFund) are being utilized optimally and what is needed to sustain the education system.

” I recall President Shagari visiting the University of Nigeria, Nsukka, when I was a student there and telling us, ‘I have seen the facilities myself, and I assure you of my intervention.’

Institutional facilities improved significantly thereafter. As Commander-in-Chief, visit our military formations and security agencies, especially during their field operations, and provide them with morale-boosting assurances and support for operational efficiency.

Reiterate that they and their families will always be taken care of Mr. President, many Nigerians are ‘refugees’ and ‘exiles’ in their own country.

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Visit various IDP camps and assure these Nigerians that they will soon return to their communities, and that you are working hard to restore peace and normalcy to the country. Nigeria is not a war-torn nation.

The proliferation of IDP camps is a troubling sign as President, you are no longer the Governor of Lagos State; therefore, consider spending your holidays in different parts of the country.

Let your next Sallah, Easter, and Christmas holidays be spent in places like Adamawa, Sokoto, Jos, Akure, Yenagoa, or Abakaliki, among others.

The single most challenging test you face is ensuring that future elections are credible and truly reflect the will of the people..

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Finally, Mr. President, Nigerians need to hear directly from you, not through your proxies.

Quarterly updates on what you are doing to improve the situation in Nigeria is crucial.

God bless the Federal Republic of Nigeria.

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TETFUND threatens to cut financial support to non-performing institutions

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The Tertiary Education Trust Fund (TETFUND) has threatened to cut financial support to beneficiary tertiary institutions that fail to meet performance benchmarks or mismanage allocated funds.

The agency said it would de-list such tertiary institutions from its support programmes.

Executive Secretary of TETFUND, Sonny Echono gave the warning at a one-day strategic engagement with heads of institutions, bursars, and heads of procurement of the agency’s beneficiary institutions in Abuja on Monday.

Echono said the policy was not meant to punish, but rather safeguard the credibility and impact of TETFUND interventions.

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He said: “Let me be clear, institutions that consistently fail to access, utilise or retire funds appropriately, or that fall short of enrollment and academic performance thresholds, risk being delisted as TETFUND beneficiary institutions.”

He also disclosed the intention of TETFUND to ensure that its resources were directed towards institutions that were committed to high standards of governance, transparency, and accountability.

Echono said the strategic engagement was targeted at addressing recurring challenges in Nigeria’s tertiary education sector, improving project execution, and enhancing the quality of education.

A key focus, he said, was the Academic Staff Training and Development (AST&D) intervention.

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He said due to rising costs and incidents of scholars absconding, the foreign component of the TETFUND Scholarship for Academic Staff (TSAS) was suspended as of January 1, 2025 with emphasis now shifted to cost-effective, locally driven training.

Echono said this year’s intervention budget prioritises consolidation, sustainability, and the completion of abandoned projects.

He added: “This engagement is not merely a meeting but a strategic convergence. It is designed to address recurring issues of concern, streamline project implementation, and enhance the overall quality of tertiary education delivery in our nation.

“As we move forward, let us approach today’s discussions with openness, collaboration, and a shared vision to elevate our institutions and the students we serve.

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“Together, we can strengthen accountability, drive innovation, and ensure that the legacy of TETFUND remains impactful, equitable and enduring for generations to come.”

Executive Secretary of the National Universities Commission (NUC), Professor Abdullahi Ribadu emphasised the importance of the meeting for evaluating the implementation and impact of TETFUND – supported projects in higher education institutions.

The NUC chief, who was represented by Dr. Joshua Atah appreciated TETFUND’s vital role in improving infrastructure, research, staff development, and academic quality, stating that without its support, public education would struggle to survive.

Prof. Ribadu acknowledged the adaptability of TETFUND’s policies, such as suspending international scholarships to reallocate resources more effectively.

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He urged tertiary institutions to be more responsive and ensure that interventions were relevant and efficiently executed.

Ribadu encouraged judicious and timely use of funds and called for open and constructive dialogue during the engagement.

“This calls for greater responsiveness also on the part of the institutions. This responsiveness also includes the areas of the design and implementation of these interventions to ensure that they remain relevant, impactful, and aligned with the future of education in Nigeria.

“It’s also important that we judiciously utilise these resources, and not just judicious utilisation but also in a timely manner so that we don’t lose the fund,” he said.

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Again, Boko Haram reportedly attack military base in Borno

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Suspected Boko Haram terrorists have attacked a Nigerian Army base in Marte , the headquarters of Marte Local Government Area of Borno State with casualties

The terrorists attacked the 153 Task Force Battalion’s Forward Operation Base (FOab) at around 3am on Monday, according to the locals and security sources.

They said the terrorists also burnt armoured tanks and seized arms and ammunition from the base during the attack.

“ISWAP has taken over Marte. An unspecified number of soldiers were killed, some captured, and many others fled towards Dikwa.

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“They are currently at the 24 Task Force Brigade in Dikwa,” a source said.

Recent terrorist attacks have targeted several military formations in Borno and Yobe, including Sabon Gari and Buni Yadi, with the latest being the attack on the 153 Task Force Battalion.

Attempts to reach Maj-Gen Markus Kangye, Director of Defence Media Operations, were unsuccessful as he didn’t answer calls or respond to text messages.

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Taraba Woos Global Investors Ahead of Landmark Economic Summit

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…Taravest 2025 to Unlock Opportunities in agric, energy, mining

…as state offers peace, resources, incentives

By Gloria Ikibah 

The Federal Government and Government of Taraba State have called on the international community and private sector players to partner with Taraba in unlocking the state’s massive investment potentials across agriculture, energy, mining, and tourism. 

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This call comes ahead of the Taraba International Investment Summit (Taravest), with the theme: “Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining and Industrialization for sustainable development “, scheduled for May 21, 2025, in Jalingo, Taraba state.

Speaking at the diplomatic preparatory briefing in Abuja, the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, who was represented by Ambassador Anderson Madubike commended the initiative, describing it as a platform that aligns with Nigeria’s economic diplomacy agenda.

“I wish to commend His Excellency and indeed the Government of Taraba State for convening this timely summit, particularly at this time when the whole world is in need of creating a travelling investment climate through co-location. There is therefore the need for partnership between governments, private sector players, and civil societies,” the Minister stated.

He emphasised that Taravest represents “a collective pursuit of development and prosperity, not only for Taraba State, but indeed for the whole world.

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“They have enormous resources—we’re talking about gold, we’re talking about uranium, and many others, and of course agriculture, fertile land, which you know, food, is the way to go”, he added.

Ambassador Madubike noted that the theme for the summit, themed “Unlocking Taraba’s Investment Potentials: Advancing Agriculture, Energy, Mining, and Industrialization for Sustainable Growth,” is expected to attract both local and international stakeholders.

“Our presence here signifies a commitment to making Taraba a model of investment and sustainable development,” he said.

In his address, the Executive Governor of Taraba State, Dr. Agbu Kefas, expressed gratitude to the Federal Ministry of Foreign Affairs and extended an open invitation to diplomats and investors.

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Dr. Agbu highlighted the significance of the summit as the first of its kind since the state was created in 1991, and laid out three clear objectives.

“It is my great honor to welcome you to the Paivota Preparatory Meeting for the Taraba State International Investment Summit, Taravest 2025, in just nine days to come.

“To orient you to Taraba’s untapped potentials and the structure of the summit; to inspire your confidence in our security, infrastructure, and business environment; and to enlist your support in rallying investors, technical partners, and development agencies”, the governor said.

He emphasised Taraba’s strategic strengths, citing five core advantages, this is as he reassured guests about the state’s security readiness.

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“Peace and security, over 44,000 km² of fertile land for agriculture, massive hydropower and solar capacity, rich mineral reserves including gold, barite, and lithium, and growing opportunities in tourism and the digital economy.

“I want to assure you that we have coordinated with the state security services, the Nigerian military, the Nigerian police, and our traditional rulers… to guarantee your safety”, he added.

The summit, he explained, will feature B2B and B2G matchmaking, policy dialogues, PPP frameworks, and guided site visits to model farms and mining zones.

“Taravest 2025 is more than a conference. It is a statement of fact that Taraba is open for transformative partnership. I invite you to leverage your good offices to mobilize your government and business communities,so that together we will convert promise into progress and unlock a future of shared prosperity”, Dr. Agbu added.

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He also urged embassies to submit the names of participating investors and delegates by May 16, 2025, to ease logistics.

Taravest 2025, which will hold at the Banquet Hall of the Government House in Jalingo, aims to attract capital, expertise, and innovation to transform Taraba into a thriving investment destination and economic powerhouse.

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