Connect with us
Maduka University Advert

News

Economic crisis deepens as Tinubu runs 52 days without ministers

Published

on

Maduka University
The economic crisis in the country has continued to deepen with a spike in inflation as President Bola Tinubu delayed the composition of the Federal Executive Council 52 days after taking office.

The Fifth Amendment to the Nigerian Constitution mandates the president and governors to submit the names of their ministerial and commissioner-nominees within 60 days of taking the oath of office for confirmation by the Senate or state House of Assembly.

The cabinet gives a glimpse into the President’s governance style, policy direction, and the team executing the administration’s agenda.

The Special Adviser to the President on National Assembly matters (House of Representatives), Olakunle Olanrewaju, confirmed on Wednesday that the President has yet to forward his ministerial nominees to the National Assembly.

But commenting on the situation, the President of the Manufacturers Association of Nigeria, Francis Meshioye, said the delay in the announcement of the president’s cabinet was becoming a cause for concern.

Advertisement

According to him, with regard to appointing cabinet members that will oversee the organised private sector, it is crucial to make sure that the president places ‘a round peg in a round hole.’

Meshioye said, “Naturally, when you have an expectation and the expectation is yet to be fulfilled, you will be worried. So, definitely, everyone, including the business community, worries about this. But we have confidence in the new administration. He needs to be very diligent in appointing whoever will hold any office. We implore him to do this and we believe that he is going to do this within the timeline.”

On his part, the National President of the Association of Small Business Owners, Femi Egbesola said it was worrying for the president’s cabinet to remain a mystery only few days to the time allotted by the constitution for cabinet appointments to be made.

“It is the talk of the town;  everybody is talking about it. Not just the business community alone. We heard the news that it would be announced today (Wednesday), but up till now we have not heard anything. Quite a number of businesses base their planning on the body language of businesses. Now that it has not been announced, it is actually holding businesses to a standstill because businesses cannot plan,’’ he lamented.

Also speaking, the Deputy-President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa said that it was important for the president to appoint cabinet members with not just the right credential and expertise, but the character needed to make decisions that will echo positively on organised business.

Advertisement

He said, “Everybody expects that we will have appointees with good character, that they do not have a well-known record of bad conduct. That is the general expectation.”

But the Director General of the Nigeria Employers Consultative Association, Mr Wale Oyerinde, observed that the delay in appointing ministers may be slowing business activities, the president is still within the constitutionally guaranteed time.

He said that for the organised business, the president should have hit the ground running after the election.

Oyerinde stated, “The law says 60 days, he has not broken any law, we will be pre-empting. While the inability to immediately appoint a minister may have caused the delay in actions, the reality is that he is still within the constitutionally guaranteed time. The organised business expectations were that the president should have hit the ground running since the elections were over, he should have known those that will work.

“He should have been operating within the context of putting round pegs in round holes. But having said that, we will also be jumping the gun if we now start making issues when the constitutionally guaranteed time of making appointments has not passed. Yes, it can slow down activities within the context of getting the proper person to engage in policies but in our own understanding he is still within the constitutionally guaranteed time.”

Advertisement

A facilitator with the Nigerian Economic Summit Group, Dr Ikenna Nwaosu, argued that the president is compounding the many problems he inherited from his predecessor.

He noted, “The president has been preparing for the presidency even before the election; he has been looking for it so why is his list of ministers pending? Secondly, he knows that he is inheriting a lot of problems and the solution to all those problems should be at his fingerprints. And even as he has taken over power, he is adding more issues like the foreign exchange, fuel subsidy, and tuition fee for students and all that.”

He maintained that the president should have been able to appoint his cabinet members within the first 30 days after his inauguration.

‘’Because he has been preparing for this presidency for years, so I will agree with any business owner that is saying that the president not being able to come up with his ministers by this time is negatively affecting their businesses and socio-economic development,’’ he declared.

Meanwhile, no fewer than 10 new confidential secretaries have been deployed by the Office of the Head of Civil Service of the Federation ahead of the resumption of the new ministers.

Advertisement
A memo signed by the Permanent Secretary, Career Management Office, OHCSF, Marcus Ogunbiyi, dated July 18, 2023, noted that the details of compliance of the newly appointed secretaries must be received by July 24, 2023.

The memo was addressed to the Chief of Staff to the President, Femi Gbajabiamila; the Secretary to the Government of the Federation, George Akume; all permanent secretaries, the Department of State Services and the National Drug Law Enforcement Agency.

It was also copied to the service chiefs and the Inspector- General of Police, the Governor, Central Bank of Nigeria and the chairmen of the Independent Corrupt Practices and Other Related Offences Commission; Economic and Financial Crimes Commission; Code of Conduct Bureau; Police Service Commission and Federal Character Commission.

Others who were also notified included the chairmen of Revenue Mobilisation, Allocation and Fiscal Commission; Independent National Electoral Commission, National Population Commission; Federal Inland Revenue Service, Clerk of the National Assembly, among others.

The memo read partly, “I am directed to convey the approval of the Head of the Civil Service of the Federation for the deployment of the following Confidential Secretaries SGL. 12- 14 in the Federal Civil Service. Please note that this posting takes immediate effect.

Advertisement

“All Directors of Human Resources Management/Administration are required to submit details of compliance to this posting instruction to the Office of the Head of the Civil Service of the Federation no later than July 24, 2023.

“All officers concerned are reminded that failure to adhere to this posting instruction contravenes the provisions of the Public Service Rules 030301 (b) and will be met with appropriate The PUNCH reports that the Public Service Rules 030301(b) states that refusal to proceed on transfer or to accept posting is misconduct which is inimical to the image of the service and which can be investigated and proved. It can also lead to termination and retirement.”

Some of those appointed include Onalo James to serve at the Office of the minister for transportation, Obi Ngozi, office of the minister of aviation, Ekwot Theresa, office of the minister of information and culture, Gukas Jumai, office of the minister of special duties among others.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Sacked Works Commissioner: Release or Charge Him to Court, Oganiru Izzi Challenges Nwifuru

Published

on

Maduka University

“If You Have Evidence Against Stanley Mbam, Charge Him; Otherwise, Release Him” — Oganiru Izzi

A socio-cultural organisation of Izzi extraction, Oganiru Izzi, has challenged Ebonyi State Governor, Chief Francis Ogbonna Nwifuru, to either release the state’s sacked Commissioner for Works, Mr Stanley Mbam, or charge him before a competent court if the government has credible evidence of wrongdoing against him.

The group said the continued detention of the former commissioner without a formal charge raises concerns about due process, constitutional rights and the rule of law.

The leader of Oganiru Izzi, Mr Godwin Mbam, made the demand while speaking with correspondents of National Issue Newspapers at the Crack Department of the Ebonyi State Police Command in Abakaliki.

Mbam condemned what he described as the prolonged detention of Stanley Mbam without allowing a court to determine whether he had committed any offence.

Advertisement

He challenged the state government to produce evidence if it believes the former commissioner committed a criminal offence.

“If there is credible evidence against him, charge him to court and let the court decide. If there is no case against him, he should be released,” Mbam said.

He also appealed to the Ebonyi State Police Command to uphold the Constitution and resist any pressure that could result in unlawful detention.

Vanco Flyover: “We Will Reveal the Full Details”

Mbam also issued a three-day challenge to Governor Nwifuru, declaring that if the former commissioner was not released or charged to court, his organisation would make public what it described as the “full details” of the Vanco Flyover project.

Advertisement

According to him, the proposed disclosure would address issues surrounding the project, including its funding, payments, contractual arrangements and other financial details.

“We will let the world know the full details of the Vanco Flyover and how the funds were utilised,” he warned.

He further challenged the state government to demonstrate transparency by making relevant documents concerning the project available to the public.

“What About the Alleged ₦1.5 Billion Forfeiture?”

The Izzi group also questioned what it described as the selective application of the state government’s anti-corruption campaign.

Advertisement

Mbam referred to allegations involving an account reportedly frozen by the Economic and Financial Crimes Commission (EFCC) and an alleged ₦1.5 billion forfeiture to the Federal Government.

He questioned why, according to him, the governor had allegedly not taken similar action if the facts surrounding the matter warranted it.

Mbam stressed that he was not opposed to the fight against corruption but insisted that any anti-corruption campaign must be comprehensive, transparent and applied equally.

“If Governor Nwifuru wants to fight corruption, let him fight it holistically. Nobody should be targeted while other serious allegations are ignored,” he said.

“If Nwifuru Says He Knows Nothing, We Will Produce the Facts”

Advertisement

Mbam further challenged Governor Nwifuru to publicly state whether he was aware of alleged corruption issues within the Ministry of Works.

“If Nwifuru publicly claims that he is unaware of corruption in the Works Ministry, I will make public the facts available to me. The facts will shock the state,” he declared.

He insisted that the matter should not degenerate into a political vendetta, arguing that the appropriate place to determine criminal liability is a court of law.

According to him, the people of Ebonyi State deserve clear answers concerning the Vanco Flyover and other issues involving public funds.

“Everybody Should Be Subject to the Law”

Advertisement

The Oganiru Izzi leader maintained that the controversy should be resolved through transparency, documentary evidence and due process.

“If there is a case, charge him. If there is no case, release him. The government cannot claim to be fighting corruption while abandoning the principles of justice and the rule of law,” he said.

Mbam warned that failure to address the issues could compel the organisation to make further disclosures concerning the Vanco Flyover and other matters it considers to be in the public interest.

Continue Reading

News

Nigeria at 66: Ebonyi Reps Candidate Urges Nigerians to Keep Hope Alive

Published

on

Maduka University

By Our Correspondent

As Nigeria celebrates its 66th Independence Anniversary, the candidate for the House of Representatives seat representing the Ezza South/Ikwo Federal Constituency, Hon. Chief Kevin Tobias Chukwu, has called on Nigerians to remain hopeful and committed to building a better country.

Chukwu, also known as Ochiri Ozua 1 of Amagu Ikwo, made the call in an Independence Day message to Nigerians, particularly the people of Ezza South/Ikwo Federal Constituency and Ebonyi State.

He described the anniversary as not only a moment for celebration but also an opportunity to reflect on the state of the nation and the responsibilities of leaders in building a Nigeria that meets the aspirations of its citizens.

According to him, Nigeria’s journey since independence has been marked by significant challenges, with millions of citizens currently facing economic hardship, while young people continue to search for opportunities and many communities contend with insecurity and uncertainty.

Advertisement

Despite these challenges, the Ebonyi politician said the resilience of Nigerians remained a source of hope for the country’s future.

“I believe in the resilience of our people. I believe in the ingenuity of our youths, the strength of our women, the wisdom of our elders and the determination of ordinary Nigerians who wake up every morning and refuse to give up on this country,” he said.

Chukwu, however, stressed that hope must be matched by responsible leadership, arguing that public office should be viewed as a responsibility rather than a privilege.

He called for leadership that prioritises the protection of lives, creation of economic opportunities, provision of infrastructure, strengthening of institutions and responsible management of national resources.

The candidate also emphasised the need to create an environment where young Nigerians can pursue successful lives within the country and where hard work, merit and enterprise are rewarded.

Advertisement

He said Nigeria had “come too far to surrender to hopelessness,” urging citizens and leaders alike to remain committed to the country’s progress.

“A better Nigeria is still possible, but it will require responsible leadership, accountable institutions and citizens who refuse to give up on their country,” he said.

Chukwu concluded by expressing optimism about Nigeria’s future, declaring: “Nigeria will rise. Nigeria must rise. And together, we must build the Nigeria we deserve.”

He also paid tribute to the nation’s past heroes, praying that their sacrifices would continue to inspire the country.

“May the labour of our heroes past never be in vain,” he said, as he wished Nigerians a happy 66th Independence Anniversary.

Advertisement
Continue Reading

News

Nigeria @66: Democracy Evolving, Says Anambra APC Chairman Anosike

Published

on

Maduka University

By Okey Maduforo, Awka

As Nigeria celebrates its 66th anniversary of independence from colonial rule, democracy in the country has continued to evolve and deepen, the Anambra State Chairman of the All Progressives Congress (APC), Senator Emma Anosike, has said.

Anosike made the observation in a message to mark Nigeria’s Independence anniversary, noting that despite the challenges the country had encountered since 1960, its democratic system had continued to improve under successive administrations.

According to him, since the return to democratic rule in 1999, Nigeria has witnessed relatively smooth transitions from one administration to another, while citizens have continued to exercise their fundamental rights to hold governments accountable for their performance.

“Before the return of the democratic process, it was indeed difficult and near taboo to challenge the leadership of the country, and those who may have attempted it in the past faced grave consequences.

“Similarly, we have had smooth transitions from one dispensation to another, producing five presidents through the ballot and not through the barrel of the gun. These elected presidents were produced by different political parties.”

Anosike said the administration of President Bola Ahmed Tinubu had sustained the country’s democratic principles and created an avenue for Nigerians, irrespective of tribe, race or religion, to express their views on government policies and programmes.

Advertisement

“Under the stewardship of President Bola Ahmed Tinubu, Nigerians have been enjoying the freedom to express themselves over issues, policies and programmes of government, and those expressions have been shaping and guiding the administration of Mr President,” he said.

The APC chairman said Nigeria’s 66th independence anniversary provided an opportunity for citizens to reflect on the country’s journey as a nation and the progress made since independence.

He said President Tinubu’s Independence Day broadcast had offered another opportunity for Nigerians to renew their hope for a greater and more prosperous country.

Anosike also commended what he described as the “enormous infrastructural development” taking place across the country under the Tinubu administration.

He urged Nigerians to continue to support and have faith in the administration as the country approaches the 2027 general elections.

Advertisement
Continue Reading

News

66th Independence: Elder statesman wants policies to reduce hardship, calls for peace

Published

on

Maduka University

An Elder Statesman, Chief Hycienth Ngwu, has called on political leaders and policies formulators to ensure governmental policies and programmes directly touch lives of the people and reduce hardship in the country.

Ngwu, who is a prominent community leader in Enugu, urged Nigerians to maintain peace within neighbourhoods and communities, as no meaningful development can take place without peace.

The statesman made the call on Thursday in Enugu while reacting to the developmental efforts of Nigeria at its 66th Independence.

He said that previous and present administrations had put in place policies and programmes to reset the socioeconomic fabric of the nation.

Ngwu said that while the removal of fuel subsidy, and unification of the foreign exchange had good intentions, their impact is yet to reflect on the lives and livelihoods of vast majority of Nigerians.

Advertisement

He urged leaders to ensure that public resources were properly managed while citizens remained patient with reforms aimed at improving the socioeconomic status of the country.

The elder statesman noted that at 66th independence, the country was still struggling on keeping its peace and co-existence as a country; adding that the founding leaders of Nigeria envisaged a closely united, bonded and peaceful country.

He called for return to policies that promote local production, indigenous industries and entrepreneurship, arguing that excessive dependence on imports had continued to weaken the country’s productive capacity.

According to him, we are yet to achieve economic independence even as we needed to do more on non oil revenue earns as the greater part of the world is moving towards greener and clean energy.

“Greater emphasis should be on skills acquisition, creativity and entrepreneurship education system, as academic qualifications without practical skills could leave graduates dependent on scarce white collar jobs.

Advertisement

“We ought to be economically productive nation capable of producing and exporting goods while developing its human capital,” he said.

Ngwu noted that current insecurity and social instability could be partly attributed to poverty and ignorance, while calling for greater honesty and trust between leaders and citizens.

“Corruption, tribalism and selfishness must be addressed if Nigeria is to achieve peace and lasting progress,” he added.

He also called for the scrapping of state electoral commissions as they have not helped in deepening democracy at that level. The National Election body should take over that responsibility.

Advertisement
Continue Reading

News

Nigeria at 66: Macmaduson Concepts Limited Sends Independence Day Greetings to Clients

Published

on

Maduka University

 

As Nigeria marks its 66th Independence Day, Macmaduson Concepts Limited, a leading provider of HVACR,industrial parts, sensors, electrical and plumbing materials, has extended warm Independence Day greetings to its customers, clients and business partners across the country.

In a goodwill message to mark the occasion, the company expressed appreciation to its valued customers for their continuous support, trust and partnership over the years.

Macmaduson Concepts Limited, which specialises in HVACR,Industrial Materials, sensors, air-conditioners, refrigerators, cold rooms, chillers, refrigerants, electrical materials and plumbing materials, said the occasion provides an opportunity to celebrate Nigeria and reflect on the nation’s journey.

The company wished Nigeria continued growth, unity, peace and prosperity, while expressing hope for a brighter future for all Nigerians.

Advertisement

The message from the company reads in part:

At Macmaduson Concepts Limited, we celebrate our great nation, Nigeria, and appreciate our valued clients for their continuous support, trust and partnership. May Nigeria continue to grow in unity, peace and prosperity.”

 

The company concluded its Independence Day message with the theme: “One Nation, One People, A Brighter Tomorrow.”

Happy Independence Day, Nigeria!
Happy 66th Independence Anniversary from Macmaduson Concepts Limited.

Advertisement
Continue Reading
Advertisement

Trending