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
FG Extends NYSC Orientation Camp From 3 to 6 Weeks
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
News
Is Lagos Sinking? Residents Raise Concerns as Flooding Worsens
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
News
Federal Government Clarifies Position on Proposed Tax Recommendations
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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