Obaseki: Nigeria is Technically Bankrupt, Urges Urgent Restructuring

Published

1 year ago

September 20, 2024

Photo source: Google

Governor Godwin Obaseki of Edo State has raised serious concerns about Nigeria’s economic condition, stating that the country is technically bankrupt.

He pointed out that the Federal Government is clinging to outdated systems and approaches, which he believes are slowing down progress.

Obaseki emphasized the urgent need for restructuring to enable Nigeria to move forward and tackle its growing challenges effectively.

He shared these views during an exclusive interview on Channels Television’s Politics Today, aired on Thursday evening.

During the interview, he called for modern reforms that can address the economic realities the country faces, stressing that staying stuck in the past will only deepen the nation’s financial woes.

Lagos Police React to Alleged Extortion of Dispatch Riders on Coastal Road

Published

2 days ago

February 6, 2026

Ese Ohwofa

Lagos State Police react to claims of them taking money from dispatch riders on the Coastal Road in Lagos.

It started after a rumour was shared that police arrest and take money from riders as a demand for high bribes, sometimes reaching ₦200,000, and seize motorcycles if not given.

The Police Public Relations Officer, SP Benjamin Hundeyin, then addressed the claims online and stated in his statement that he disagreed that the rumour is true and stated, “The spread of misinformation only causes more harm than good. In this era, we can and must do better.”

News

Ogun State Declares Tuesday Public Holiday to Mark 50th Anniversary

Published

6 days ago

February 2, 2026

Ese Ohwofa

It has been announced by the governor of Ogun that Tuesday 3rd of February is a public holiday in order to mark the 50th anniversary of the state creation.

This public holiday declaration was released in a statement by the secretary of the state, Tokunbo Talabi.

He then added that the holiday will provide as a day for the citizens to participate in the activities for the state milestone.

News

Public Reacts as Dino Melaye Criticises Nigeria’s Economy While Abroad

Published

7 days ago

February 1, 2026

Ese Ohwofa

Former Kogi politician, Dino Melaye, faces backlash from the public after he shared a video on social media of him abroad and living well through his luxurious lifestyle.

In the same video, he speaks about Nigeria’s current economy and shares his disappointment.

He wrote, “See country, God help us to build a true nation where our wicked leaders will be in jail and the right people in power. Nigeria must be fixed. YES WE CAN.”

However, many state that what he posted and what he is saying contradict each other, and they accused him of sharing his own records to know if he was a corrupt leader.