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Coup not for Nigeria, we have gone past forceful takeover- FG

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In the light of the escalating coups in Africa, with the West African subregion having the highest, the Federal Government has dismissed any fears of coup in Nigeria, saying the country has gone past a forceful takeover of government.
It stressed that Nigerians had fully embraced democracy and that the country’s democratic institutions were becoming stronger. It said the fact that some African countries, including neighbouring Niger Republic, witnessed coup in recent times did not put Nigeria under any form of fear.

The Minister of Information and National Orientation, Mohammed Idris, said this in an interview with one of our correspondents on Friday, noting, “I can tell you that there is no fear or apprehension at all. We have gone past that, and we have been a democratic country all this while with the institutions of democracy getting stronger.”

Meanwhile, some retired generals in separate interviews with our correspondents warned that the only way to avoid coups on the continent was for elected leaders to respect constitutional provisions and ensure good governance in their respective countries. While not justifying the military takeovers, they said leaders must be accountable and desist from repressive rule if coup must become a thing of the past.

The continent witnessed its latest coup and the second one in 2023 on Wednesday when some military personnel in Gabon seized power and placed the ousted President, Ali Bongo, and his family members under house arrest. Gabon is in Central Africa.

After the forceful takeover, which brought to seven the number of coups on the continent within the past three years, the soldiers announced the annulment of last Saturday’s presidential election that renewed Bongo’s prolonged rule, bringing to an abrupt end the Bongo family’s 56-year rule in the country.

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Ali’s father, Omar Bongo, ruled the country from 1967 to 2009, and after his death, his son took over and remained in power until Wednesday.

About one month earlier, some soldiers in Niger Republic on July 26, 2023, also seized power and placed the ousted President, Mohamed Bazoum, under house arrest. The junta has since asked for a three-year transition period, which the Economic Community of West African States rejected, insisting that the junta should return the country to democracy or be forced to do so by its task force. Niger is in West Africa.

Also, on January 24, 2002, the military in West Africa’s Burkina Faso ousted the then President Roch Marc Christian Kabore, while soldiers in Sudan, led by General Abdel Fattah al-Burhan, sacked the civilian rule in place in the country and arrested political leaders while declaring a state of emergency. Sudan is in North Africa.

About two years ago, September 5, 2021 precisely, the then President of Guinea, Alpha Conde, was sacked by the military and was replaced by Colonel Mamady Doumbouya. After his sacking, he wasn’t declared “free” by the military until April, 2023. The junta promised to return the country to civil rule by the end of 2024. Guinea is also in West Africa.

Prior to this, Mali, also in West Africa, witnessed two coup within a year. On August 18, 2020, the then President, Ibrahim Boubacar Keita, was ousted by the military and a transitional leader installed. But by May, 2021, about nine months after, the military arrested the President and the Prime Minister, after which they inaugurated one of them as the transitional President. They also promised a return to democracy in 2024.

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Independent of these, the military also retained its hold on power in Chad after its President, Idriss Deby, was killed on the battlefield on April 20, 2021. His son, General Mahamat Idriss Deby Itno, has been in power since then despite a promised two-year transitional period. Chad is in Central Africa.

Out of the seven countries, West Africa, where Nigeria belongs, has recorded four coups, which is the highest; Central Africa has recorded two while North Africa recorded one.

No pressure –FG
On account of the intensifying coup and growing apprehension that it could spread to other countries on the continent, the Federal Government has said Nigerians have nothing to worry about.

Speaking further, the information and national orientation minister stated, “Nigeria is a different country. Nigerians will no longer accept such, so it will be difficult for anyone, at this point of our national development, to come out to do that or for us to start nursing any apprehension. We have very strong democratic institutions, so it is very difficult for anybody to just take up arms against the state. So, there is no apprehension at all.

“We have to stand up against military takeover anywhere on the continent. That does not mean we are afraid that such could happen in Nigeria. The fact that something like that happened elsewhere does not mean we have to live in fear. No, we have gone past that.”

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Alex Mascot Praises Tinubu as FG Begins Budget Implementation After His NASS Outburst

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Hon. Alex Mascot Ikwechegh, Member representing Aba North/Aba South Federal Constituency, has commended President Bola Ahmed Tinubu for what he described as “responsive leadership” following the Federal Government’s decision to accelerate implementation of the 2026 budget.

Speaking on Magic FM, Aba, on Thursday, Ikwechegh said the renewed push to release funds to Ministries, Departments and Agencies demonstrated that the President listens to the legislature.

“Mr. President has shown he is a listening President who has the interest of the nation at heart. He did not see our concerns as opposition. He saw them as part of our job to ensure Nigerians get value for money,” the lawmaker stated.

Ikwechegh had earlier drawn national attention after raising a motion on the floor of the House over delays in budget releases despite appropriations passed by the National Assembly. The intervention sparked debate among lawmakers over the slow pace of capital project execution.

The Federal Government has since announced measures to fast-track releases under the 2026 Appropriation Act, which provides for an aggregate expenditure of ₦68.32 trillion, with ₦32.2 trillion earmarked for capital expenditure.

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According to Ikwechegh, legislative oversight is most effective when it produces concrete results.

“Our job is to speak firmly when policies are not working, and to also acknowledge when government takes corrective action. That is how the executive and legislature serve the people together,” he said.

The Abia lawmaker stressed that the real test of the budget lies in delivery — completed roads, functional hospitals, jobs for youths, and improved services across constituencies.

He expressed optimism that with improved coordination between the National Assembly and the Presidency, Nigerians will increasingly begin to feel the impact of the 2026 budget as implementation gathers momentum.

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UN security council holds second poll to select next secretary-general

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The UN’s most powerful body, the Security Council, meets Friday to hold another straw poll to gauge the popularity of a growing field of contenders to lead the embattled organisation.

Costa Rica’s Rebeca Grynspan was the front-runner after last month’s first informal vote, in which the council’s 15 members, including the five with veto power, pass judgment in secret on the candidates.

Argentina’s Rafael Grossi — the current head of the UN nuclear watchdog — is also a candidate along with Chile’s Michelle Bachelet, Ecuador’s Maria Fernanda Espinosa, Guyana’s Carolyn Rodrigues-Birkett, Uganda’s Olara Otunnu and Senegal’s Macky Sall.

After the first round concluded, Ecuador’s Ivonne A-Baki threw her hat into the race to succeed Antonio Guterres, who will complete his second five-year term on December 31, 2026.

“While the first straw poll set the scene for the Secretary-General race, the second may give us some direction about where it is headed,” said the International Crisis Group’s Daniel Forti.

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“Diplomats expect fluctuations in the vote distribution compared to the July poll. Most will be watching to see whether the early front-runners consolidate their support or slip in the standings.

“It is unlikely that any candidate will emerge from (Friday’s) poll with a decisive lead.”

Forti said the veto-wielding nations — Britain, China, France, Russia and the United States — might wait until later to express their preferences, while new contenders could emerge.

Russia’s ambassador to the UN, Vassily Nebenzia, said Thursday he could not rule out that possibility.

“If, for example — I’m speculating now — if there is a deadlock on any of the candidates we are seeing today, if nobody… flies, then I think that we may see other candidates as well,” Nebenzia said.

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Even if a candidate earns the required nine votes from the 15 available in the Security Council, they must also avoid a veto by the five major powers, which are deeply divided.

First US deportees land in Liberia
Once a candidate clears those bars, their name will go to the General Assembly of all UN members for confirmation.

The Security Council straw poll was devised in the early 1980s in an attempt to break a deadlock between two candidates shut down by vetoes.

The informal mechanism has persisted, in various forms, despite criticism from countries opposed to the opaque process.

“There is a good chance that some nominees realise after (Friday’s) vote that their campaigns have reached the end of the road,” Forti added.

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Each member state must anonymously assign each candidate one of three labels: “encourage,” “discourage,” or “no opinion.”

That would give those with no support the opportunity to withdraw — though they are not obliged.

In the first rounds of the process expected to take several weeks, all ballots are the same colour.

But after an unspecified number of votes, the ballots of the five permanent members will become a different colour from those of the elected members, making it possible to identify potential vetoes, without knowing which country blackballed any given candidate.

It is tradition that the UN’s top job should rotate between different regions.

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Under that premise, the role should go to a candidate from Latin America this time. There are many candidates from the region, though Sall and Otunnu hail from Africa.

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Plane crash kills eight at US Air Force site in Alaska

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A plane crash at a remote US Air Force site in Alaska killed people on Thursday, the military said.

The civilian-contracted plane crashed at the airport of the long-range radar site in Cape Newenham, on the state’s southwestern tip, the Alaskan Command said in a statement.

Rescuers who landed near the crash site “confirmed there were no survivors,” it said.

The statement did not say what those onboard were doing at the radar site, which tracks aircraft operating in Alaskan airspace.

An Alaskan Command spokesperson said it was investigating the crash and would name the dead after their families had been informed.
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“This is a devastating loss for our military family and the communities we serve,” said Alaskan Command chief Robert Davis.

“These individuals were dedicated professionals carrying out a vital mission in a demanding environment,” Lieutenant General Davis added.

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AFRAA admits Enugu Air, Strengthens National Domestic Aviation Growth

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The African Airlines Association (AFRAA) has admitted Enugu Air as Member, extending the Association’s membership base in Nigeria’s fast-growing domestic aviation market and reaffirming AFRAA’s commitment to supporting the continued development of African carriers across the continent.

This was announced by AFRAA in Nairobi on Wednesday, making Enugu Air the 50th Member of the association, joining the AFRAA airline fraternity, collectively representing more than 85 per cent of total international traffic carried by African airlines.

Speaking on the development on Thursday, AFRAA Secretary General, Mr Abdérahmane Berthé, said, “We are delighted to welcome Enugu Air into the AFRAA fraternity.

“As a state-backed carrier serving Nigeria’s rapidly expanding domestic market, Enugu Air represents the kind of homegrown investment that is vital to building resilient air connectivity across our continent.

“We look forward to supporting the airline through the IOSA certification process and to its continued growth within the AFRAA membership, as we work together to advance the cause of unified African skies.”

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Reacting to the development on Thursday, the CEO of Enugu Air, Capt Tolu Ita, described the admission into AFRAA as a major milestone in the airline’s short history.

“We are honoured to join the AFRAA fraternity. This membership underscores Enugu Air’s commitment to safe, reliable, and affordable air travel for Nigerians while contributing to the vision of a unified African aviation market.

“We look forward to collaborating with fellow AFRAA members and leveraging the association’s support as we grow our network and pursue IOSA certification,” Tolu stated.

Founded on July 7, 2025, Enugu Air commenced commercial operations with a fleet of Embraer E170/E190/E195 aircraft.

The airline, which has its headquarters in Enugu and operates from the Akanu Ibiam International Airport, currently serves nine domestic destinations including Enugu, Abuja, Lagos, Port Harcourt, Kano and Benin City.

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As part of the airline’s growth strategy, Enugu Air plans to expand further across Nigeria and, in subsequent phases, to launch regional and international routes across Africa, Europe, and beyond.

As part of its growth strategy, Enugu Air plans to expand further across Nigeria and, in subsequent phases, to launch regional and international routes across Africa, Europe, and beyond.

The admission of Enugu Air aligns with AFRAA’s strategic priorities and strengthens the voice of the association. Nigeria, as Africa’s most populous nation and one of its fastest-growing economies, remains central to the realization of a truly integrated African aviation market.

Meanwhile, AFRAA association, which was founded in Accra, Ghana, in April 1968, and headquartered in Nairobi, Kenya, has a mission meant to promote, serve African Airlines and champion Africa’s aviation industry.

The association envisions a sustainable, interconnected and affordable air transport industry in Africa, where African airlines become key players and drivers of African economic development.

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AFRAA membership cuts across the entire continent and includes all the major intercontinental African operators.

The association’s members represent over 85 per cent of total international traffic carried by African airlines.

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FG Says It Won’t Publish Details of $5bn First Abu Dhabi Bank Loan

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The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has rejected calls for the Federal Government to publish details of how it plans to spend funds drawn from its $5bn financing facility with First Abu Dhabi Bank.

Oyedele said the transaction had been subjected to unnecessary scrutiny, arguing that the facility was approved by the National Assembly and was structured to help the government refinance more expensive debt.

He spoke on Wednesday during a media briefing in Abuja.

The Federal Government recently drew about $1.5bn, the first tranche of the $5bn Total Return Swap facility arranged with First Abu Dhabi Bank, despite concerns from the International Monetary Fund and Fitch Ratings over the transparency and risks associated with such financing structures.

The $5bn facility was approved by the National Assembly on March 31, 2026, while the initial drawdown was expected to support the 2026 budget, infrastructure projects and the refinancing of existing debt obligations.

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Responding to a question on the borrowing plan and whether details of the First Abu Dhabi Bank transaction would be made public, Oyedele said the government would publish information on how it spends public funds but questioned why the particular facility was receiving special attention.

“We will not publish how we are spending it. We will publish how we spend government money. There’s nothing special about that loan,” he said.

He added, “Nobody has asked us whether we’re going to publish the money we took from the World Bank, whether we publish the one from Eurobond, whether we publish the one from Sukuk. Why is this one special?”

Oyedele also dismissed suggestions that the transaction was conducted without due process, noting that it had been presented to the National Assembly.

“The loan was approved not only by FEC, it was taken to National Assembly because what some people are doing is they comparing with other countries where they did it under the table.

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“What else can be more public than what you gave to the National Assembly?” he said.

The minister said the government had assessed the transaction carefully and was accessing the funds in phases to avoid incurring unnecessary costs.

“We’re assessing it in phases. You don’t want to take all the money at once because if you don’t spend it at once, you incur cost on the extra amount you’ve taken,” he said.

He explained that the financing arrangement was different from Nigeria’s traditional fixed-rate borrowing because the First Abu Dhabi Bank facility had a flexible interest rate.

“You need to understand the transaction. You know, there’s always the textbook analysis and there’s the real life of what you’re doing.

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“So, we’re used to raising bonds on fixed interest rate terms. You see, I can tell you our Eurobond, for example, they were raised when the coupon was double digits. Today, our yield is down to around seven, 7.5 per cent,” Oyedele said.

According to him, Nigeria could not benefit from the lower yield on its existing fixed-rate debt.

“This First Abu Dhabi Bank transaction is flexible rates. It means if rates go up, we pay more. If rates come down, we benefit more.

“There’s nothing that says we must always do one thing. And the all-in rate for this transaction is lower than our existing portfolio,” he said.

Oyedele said the primary objective was to refinance more expensive debt and reduce the government’s borrowing costs.

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“So the objective is to use it to refinance expensive debt so you can save money,” he said.

The Federal Government is required to pledge securities worth about 133 per cent of the amount drawn as collateral under the arrangement.

The International Monetary Fund and Fitch Ratings had raised concerns about the financing structure, including issues around transparency and sovereign debt risks.

The IMF had warned that derivative financing structures such as total return swaps could be difficult to track and value in real time, potentially obscuring the extent of a country’s financial obligations.

Fitch Ratings also warned that Nigeria’s planned $5bn arrangement could increase sovereign debt risks and reduce transparency in public debt reporting.

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Oyedele, however, said the government would soon publish frequently asked questions on the transaction to provide further clarification.

“In the next few days, you will see on the website both the Ministry of Finance and DMO the frequently asked questions about this particular debt or bond, just so everybody can please themselves,” he said.

He added that there was “nothing special” about the loan, despite the attention it had received from critics and international media.

“I spend time on it because I think it’s important and the international media also, for some reason, have taken so much interest in it. But that is what it is.” Oyedele said.

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