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Peter Obi Celebrates Obasanjo at 88 and Praises His Impact in Nigeria

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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.

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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.

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Concluding his message, Obi wished the former president more healthy, fruitful, and happy years ahead, praying for God’s continued blessings upon his life.


 

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“You Can Still Have Subsidy Without Long Queues” — Rufai Oseni Speaks On Subsidy

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TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.

“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.

“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.


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Sanwo-Olu Speaks on Lagos’ Power Challenges and the Need for Change

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Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.

He speaks on ways things can change in the state and how electricity can be provided.

“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”

“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.

“We take two steps forward, we go five steps backward,” he said.

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Sanwo-Olu Declares August 20 Public Holiday in Lagos for Isese Festival

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Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.

Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.

He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.


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