News
Peter Obi Celebrates Obasanjo at 88 and Praises His Impact in Nigeria
Former Anambra State governor and 2023 presidential candidate of the Labour Party, Peter Obi, has celebrated Nigeria’s former president, Olusegun Obasanjo, on his 88th birthday.
Obi, in a heartfelt message shared on his X handle, described Obasanjo as a revered elder statesman and father figure whose contributions to Nigeria’s progress remain immense.
The former president, who governed Nigeria first as a military head of state from 1976 to 1979 and later as a democratically elected leader from 1999 to 2007, is widely recognized for major economic and political reforms that shaped the country.
Also, Obi mentioned some of Obasanjo’s achievements during his civilian presidency, noting how Nigeria’s economy grew significantly under his leadership.
According to Obi, when Obasanjo assumed office in 1999, Nigeria’s Gross Domestic Product (GDP) stood at about $59 billion, with a per capita income of around $490, while the country’s foreign debt was approximately $32 billion.
However, by the time he left office in 2007, GDP had risen to $278 billion, per capita income had surged to $1,800, and foreign debt had been drastically reduced to $3.2 billion.
The country’s foreign reserves also saw a major boost, positioning Nigeria as a stronger economic player in Africa.
Obasanjo’s tenure was marked by various policies aimed at economic stabilization and debt relief. One of his most significant achievements was securing a deal with the Paris Club, which led to Nigeria’s debt cancellation, reducing the country’s financial burden.
His administration also introduced reforms in telecommunications, banking, and the oil sector, leading to increased foreign investment and economic expansion.
Beyond economics, Obi praised Obasanjo’s unwavering commitment to Nigeria’s unity and progress, stating that his sacrifices for a better Nigeria and Africa remain remarkable.
The former president has remained active in national and international affairs even after leaving office, often offering advice on governance, democracy, and peacebuilding across the continent.
Concluding his message, Obi wished the former president more healthy, fruitful, and happy years ahead, praying for God’s continued blessings upon his life.
News
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
News
Concern Grows Over Rising Insecurity Following Kwara Abduction Case
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
News
Panic as Bandit Rumours Spark School Safety Concerns in Abuja
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
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