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Nigeria is becoming a failed and divided state under President Buhari – Obasanjo

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Former President Olusegun Obasanjo has once again attacked the Buhari-led government, saying that Nigeria is slowly becoming a failed and divided state under this administration.

 

Obasanjo stated this while delivering a speech titled, ‘Moving Nigeria Away from Tipping Over’ at a consultative dialogue attended by various socio-cultural groups including Afenifere, Middle Belt Forum, Northern Elders Forum, Ohanaeze Ndi Igbo and Pan Niger Delta Forum, in Abuja on Thursday, September 10.

 

The former President said he has never seen Nigeria more divided as it currently is under the Buhari-led government. He expressed sadness that Nigeria is also now the poverty capital of the world.

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“I do appreciate that you all feel sad and embarrassed as most of us feel as Nigerians with the situation we find ourselves in. Today, Nigeria is fast drifting to a failed and badly divided state; economically our country is becoming a basket case and poverty capital of the world, and socially, we are firming up as an unwholesome and insecure country.

“And these manifestations are the products of recent mismanagement of diversity and socio-economic development of our country. Old fault lines that were disappearing have opened up in greater fissures and with drums of hatred, disintegration and separation and accompanying choruses being heard loud and clear almost everywhere.” he said

 

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According to the former President, only self-deluded people would claim that all is well in Nigeria. He knocked some politicians who are already in talks about the 2023 presidential election instead of fixing the problem the nation already has.

“I believe Nigeria is worth saving on the basis of mutuality and reciprocity and I also believe it can be done through the process of dialogues rather than talking at each other or resorting to violence. It will amount to dangerous and destructive self-delusion for anybody to claim that all is well in Nigeria today.

Some people are obsessed with 2023, I believe that with death, destruction, debt, disease, deceit, disbelief, disenchantment, doubt and suspicion around, we need to see our way through to 2023 and beyond in some form of unity of purpose, reasonable security, shared values, true democratic practice, inclusiveness and shared society. That is why we are here. No constitution is even permanent; it is dynamic with time and experience.” he said

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Without thugs, APC will be beaten silly in Edo – Governor Wike

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Governor Nyesom Wike has commented on the upcoming governorship election in Edo state.

 

The Rivers state Governor in an interview on African Independent Television (AIT) on Thursday September 17, alleged that the All Progressives Congress (APC) is hoping to win the election by manipulating the result.

 

Wike who is also the chairman of the Peoples Democratic Party (PDP) campaign council on Edo governorship election, stated that the APC “will be beaten silly in the governorship election” if there are no thugs spearheading electoral malpractices.

 

He said;

 

“The IG has said they will not give room to any thugs, to any miscreants, and it is our prayer that is done. If that is done, APC will be beaten silly in this election. If what IG said is carried out, you will see that APC will not near – the only hope they have is to manipulate the security agencies.

“Remember what happened in my case and if you take the case of Rivers state, it was very clear, and the way I see APC going, the desperation is so much and the only hope APC has today is to use security agents, is to manipulate the process.

“Our own business is to let our people know, if you know the police are [compromised], we will not allow it. We want to believe in them but however, don’t slip, don’t slip, make sure you follow them bumper to bumper.

“Make sure you monitor what is happening. Let one policeman tell you that after they have declared results in this unit, that you cannot as an agent, follow that result to the collation centre. That is not correct.

“In some cases, you see security agents coming to even beat the agents of the opposition party. It is not something that anyone will come and tell me that you have assured me that nothing will happen.”

 

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On governance in Edo state, Wike said;

 

“Everybody knows, go to Edo, they don’t do publicity. They do their thing quietly. It may be different from ours.

“Last time I went to Ogbemudia stadium, it was nothing to write home about, but go and see Ogbemudia stadium today. He has built all the high courts, he showed me.”

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Federal Govt announces plans to spend $2.3b on 7,000Mw power generation

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The Minister of State for Power, Mr Goddy Agba has revealed that  the Federal Government plans to spend about $2.3 billion in the first phase of the Presidential Power Initiative (PPI) project, aimed at increasing the nation’s power transmission capacity to 7,000megawatts (Mw).

 

According to Agba, the objective was to increase the transmission capacity from the current level of just over 5,000Mw to 7,000Mw thereby drawing the country closer to it’s electricity-reliance goal.

“The PPI is structured into various three phases, aimed at increasing power delivered to Nigerians to 7GW in first phase, 11GW in the second phase and 25GW in third phase.” Agba said during the Nigerian Energy Forum (NEF 2020) Webinar in Lagos, tagged: Energy Solution for Sustainable Recovery.

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“The project is to be executed at the cost of $2.3billion  forms the phase 1 of the  PPI and is funded by a loan from a consortium of German Banks for 85 per cent of the contract sum; while 15 per cent counterpart funding is provided by the federal government.

“A Special Purpose Vehicle (SPV) called FGN Powerco is in the process of being set-up following Mr President’s approval. The SPV will warehouse the project’s contingent liability for accountability.

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“We have also constituted the Nigerian Project Management Office (PMO) with the sole responsibility of providing project management of the project on behalf of the government,” he said.

 

Agba also announced that the government will implement the Transmission Enhancement Programme with key development partners to improve the sector.

“The World Bank, African Development Bank (AfDB), JICA have raised $1.6 billion for Transmission Rehabilitation and Expansion Programme (TREP), which is ongoing now with major projects as follows:

“The Alaoji-Onitsha, Delta Power Station-Benin and Kaduna-Kano at $410 million and $29 million is intended to build a 330kV Double Circuit 62KM line between Birnin Kebbi and Kamba.

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“The Lagos/Ogun Transmission Infrastructure Project (JICA) with $200 million, Abuja Transmission Ring Scheme (AFD)-$170 million and Northern Corridor Transmission Project (AFD & EU) with $274million,” he said.

 

Also speaking, the Chief Executive Officer (CEO) Nigerian Electricity Regulatory Commission (NERC), Dr John Momoh, said the new tariff put in place would address the challenge from stakeholders in power sector. He also said meters would be provided for enumerated customers in a year or two.

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If we truly deregulated, shouldn’t the price of fuel drop?- Atiku Abubakar poses question to FG

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Former Vice President, Atiku Abubakar, has posed a question to the Federal government on the reported deregulation of the petroleum sector.

 

The Federal government hinged the decision for the recent increase in fuel pump prices to the deregulation of the petroleum sector and suspension of subsidies on petroleum products.

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In a tweet posted this morning, Atiku asked why the price of petrol isn’t dropping since the government has embarked on deregulation. According to him, fuel prices in US and Europe are far lower than they were in 2019.

”I am a businessman. I look at things from an economic perspective. Questions beg answers. The price of crude is down from where it was in 2019. In the US and Europe, fuel prices are far lower than they were in 2019. If we truly deregulated, shouldn’t fuel price have dropped?” he tweeted

 

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If we truly deregulated, shouldn

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