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Address Fuel Crisis, Reconstitute Your Economic Team – CSOs Task Tinubu
About 1000 Civil Society Organizations, CSOs, under the auspices of Coalition Of Civil Society Organisations, CCSOs, on Saturday Faults President Bola Ahmed Tinubu’s Economic Team and called for immediate reconstitution.
Expressing deep concern and worry over the state of the economy and escalating fuel prices compounding the hardship of Nigerians despite the recent protest, the groups said Tinubu must act now to avert disintegration.
The groups said the current situation across the country has cast doubt on the competence of the Tinubu economic team and called for urgent review.
The CCSOs in a statement signed by its National Coordinator, Mallam Ibrahim Mohammed, pointed out that the plight of Nigerians is sinking low and their patience is wearing off following the deteriorating economy.
The statement reads in part, “The Coalition of Civil Society Organisations (CSOs) is deeply concerned about the deteriorating state of the Nigerian economy, which is becoming increasingly unbearable for millions of citizens.
“It is evident that the recent hike in fuel prices and the unstable exchange rate are the direct results of economic mismanagement by those responsible for overseeing our nation’s financial policies. The ripple effects of these failures are being felt in every household across the country, worsening poverty and crippling economic activity.
“The floating of the Naira, which was initially sold to Nigerians as a means of stabilizing our currency, has done little to prevent the continued devaluation of the Naira. In fact, the exchange rate disparity has widened significantly, with the Naira losing value daily, impacting the cost of living, basic commodities, and inflation.
“While this policy was expected to ease foreign exchange pressure, it has instead deepened economic challenges due to poor implementation and lack of strategic foresight.”
The coalition also expressed concern over what it described as death trap of indebtedness of the Nigerian National Petroleum Company Limited, NNPCL, which also they claimed had slowed down importation of Premium Motor Spirit, PMS, hence the current shortage of PMS across the country.
“Of equal concern is the precarious position of the Nigerian National Petroleum Company Limited (NNPCL), which finds itself in a debt trap, with global suppliers of petroleum products losing confidence in Nigeria’s ability to honour its obligations.
“Reports have shown that NNPCL has accrued debts totalling over $6 billion, causing petrol supply shortages. International suppliers are now reluctant to continue providing fuel on credit, exacerbating supply chain issues and pushing up the price of petrol at the pump”, they claimed.
The CSOs also asserted that, “We hold the managers of the Nigerian economy responsible for these disturbing developments. Their inability to provide sound policies and long-term solutions has left the nation in this predicament.
“It is clear that there is no cohesive strategy to address the rising debt, the growing imbalance in the foreign exchange market, or the country’s heavy reliance on importation for petrol supply. The recent hike in fuel prices reflects the collapse of responsible economic management and accountability.
“Nigerians are left to bear the brunt of these failures. Businesses are shutting down, transportation costs have skyrocketed, and citizens are spending an increasingly larger percentage of their income on basic necessities. This state of affairs is unacceptable.”
The group therefore placed some demands; Immediate intervention from the government: There needs to be a comprehensive and transparent plan to stabilize the Naira, restore confidence in the petroleum supply chain, and negotiate a restructuring of NNPC’s debts to ensure continuous fuel supply.
“Accountability for economic mismanagement: Those responsible for the reckless management of our foreign exchange policies and NNPC’s debts must be held accountable. The government must also disclose its plan to mitigate the rising fuel costs and economic burden on Nigerians.
“A return to sound financial policy: The floating of the Naira has proven ineffective under current conditions. We call for a re-evaluation of monetary and fiscal policies to stabilize the economy, reduce inflation, and attract foreign investment.
“In conclusion, the Coalition of Civil Society Organisations reiterates that without immediate corrective measures, the economic situation will continue to deteriorate, leading to further hardship for the average Nigerian. The government must act decisively and responsibly to reverse this downward spiral”, they added.
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Corruption: Uphold Justice, Ensure Culprits ‘re Prosecuted, Speaker Abbas Urges Judges
…mulls bill to promote competence in recruitment of Judges
To effectively rid Nigeria of financial crimes and general corruption, the Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, PhD has urged Judges and heads of courts to ensure that perpetrators are prosecuted.
Speaker Abbas made the call while delivering his goodwill message through his Deputy, Rt. Hon. Benjamin Okezie Kalu at the 6th Economic and Financial Crimes Commission (EFCC) and National Judicial Institute (NJI) Capacity Building Workshop For Justices and Judges themed “Integrating Stakeholders in Curbing Economic and Financial Crimes” on Monday in Abuja.
He acknowledged that corruption remained a major problem in the society, despite the commendable efforts of anti-corruption agencies, stressing that corruption is a disease that cripples the society and hinders development.
Underscoring the need for the enhancement of skills of judges for effective service delivery, Speaker Abbas however said that they must live above board.
He said: “Stakeholders, we must recognize our shared responsibility in the anti-graft war. The fight against corruption requires not only robust legislation but also a judiciary that is well-equipped with the knowledge and skills necessary to navigate the complexities of such cases. As justices and judges, you hold an indispensable role in combating this scourge. Your decisions set precedents that can either reinforce or dismantle corrupt systems. You are tasked with upholding justice and ensuring that those who engage in corrupt activities are held accountable under the law.
“This workshop serves as an opportunity for you to enhance your skills and knowledge so that you may better serve your communities. Capacity building is at the heart of this initiative. It is imperative that we equip ourselves with the latest tools and knowledge to effectively adjudicate cases involving financial malfeasance. This includes understanding emerging trends in financial crime, utilizing technology for investigations, and ensuring that our legal frameworks are responsive to new challenges.
“Competence must be at the forefront of our judicial endeavours. It encompasses not only legal knowledge but also an understanding of the socio-economic contexts within which we operate. As judges and justices, your ability to interpret laws effectively while considering their implications on society is crucial. Continuous education and capacity building are essential components in enhancing your competencies. Workshops like this one serve as platforms for sharing knowledge, best practices, and innovative approaches to justice delivery.
“Integrity is perhaps the most critical value we must uphold as members of the judiciary. It embodies honesty, transparency, and accountability—qualities that are indispensable in fostering public confidence in our legal system. When citizens perceive judges as incorruptible stewards of justice, they are more likely to engage with legal processes positively”.
The Speaker who highlighted the importance of having a well remunerated judiciary also revealed that a bill was in the offing to ensure that only well qualified personnel are appointed to the bench.
“It is heart-warming to note that part of these initiatives includes improving the welfare of judges and justices. We recognize that a well-compensated judiciary is crucial for attracting and retaining qualified individuals who are committed to serving with integrity. This explains why we swiftly passed legislation to increase your remuneration by 300%. This significant adjustment reflects our commitment to ensuring that those who serve on the bench are adequately rewarded for their dedication and hard work.
“Moreover, we are equally exploring avenues to establish a more rigorous and transparent process for the selection and appointment of judges. The integrity of our judicial system hinges on having qualified individuals who possess not only legal expertise but also an unwavering commitment to justice. To this end, we are drafting legislation that will outline clear, detailed criteria and procedures designed to ensure that only the most qualified and competent individuals ascend to the bench”, Speaker Abbas said.
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Eseme Eyiboh’s Mum, Deaconess Grace for Burial Nov 9
The remains of Deaconess Grace Sunday Eyiboh, mother of the Special Adviser on Media and Publicity and Spokesman to the Senate President, Hon. Eseme Eyiboh will be interred on November 9, 2024.
A statement from his eldest son, Hon. Eseme Eyiboh said Mama’s burial shall be conducted by Qua Iboe Church at Community Secondary School, Akpautong village in Esit Eket LGA, Akwa Ibom State on the 9th November 2024 at 10am.
Born on July 7, 1934, Deaconess Grace Eyiboh fondly called Mmaette was a trailblazing entrepreneur, educator, church and community leader, who passed on three days to her 90th birthday on July 4, 2024.
An indigene of Akpautong village in Esit Eket LGA of Akwa Ibom state, Deaconess Grace Eyiboh began her educational journey at Qua Iboe Church School, Akpautong. After completing her Standard Six education, she married Late Elder Sunday Eyiboh, a well known carpenter and teacher.
Deaconess Eyiboh’s growth in faith drove her determination and entrepreneurial instinct which led her to attend the Singer Sewing Institute, Uyo, where she honed her sewing skills. Upon graduation, she established her own Sewing and Apprenticeship Training Centre at Uquo, Esit Eket, empowering numerous youths and women with vocational skills.
Mmaette’s selfless service and integrity earned her an appointment to the Eket Juvenile and Assizes Court; Esit Customary Court where she served two terms without blemish. Her contributions to community development were recognised through various leadership roles.
She is survived by two sons and two daughters, several grand and great grandchildren including the Rt Hon. Eseme Eyiboh, erstwhile member and Spokesperson of the House of Representatives and currently, Special Adviser, Media and Publicity and Official Spokesperson to the President of the Senate.
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Ex-First Lady, Dame Patience Jonathan, Visits Pauline Tallen Over Son’s Death
Nigeria former first lady,Dame Patience Jonathan, PhD, has commiserated with the family of Ex -Women Affairs Minister, Pauline Tallen, over the death of her only son,Richard Adamu Tallen
Dr Jonathan who personally paid a condolence visit to the Tallen’s at their Abuja home, Monday 7 October,2024, expressed grief over the sad loss and prayed for the repose of his soul
She described the late young Tallen as an upward growing mobile young man who would have been needed most at this critical time.
She urged the family to have faith and understanding that it is the Lord that gives and takes
” You cannot question the Lord, because He gives and takes”
The former first lady appealed to the family, especially, the mother who is an ex- minister, the deceased wife, and three kids he left behind, to take heart and be consoled. She noted that no matter how painful Richard’s death may be to the family, there is hope in that the children will grow up and stand in the place of their late father.
Dame Patience who was received by a large number of mourners at the residence, majority who were hailing her, ”mama peace, mama peace, we miss you”, hugged and embraced them in show of solidarity notwitstanding the mourning mood and atmosphere at the Tallen’s residence
Top dignitaries who also visted to comiserate with family, include , former Vice President, Yemi Osibanjo, former Imo Governor,Owelle Rochas Okorocha, among others.
Richard passed on, on Sunday, October 6, 2024, at a private hospital in Abuja
He was a graduate of Computer Science from a United States university. He was aged 42 and is survived by a wife and three children.
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