Saturday, January 17, 2026
33.6 C
Lagos

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Issues from Buhari’s Last Independence Day Broadcast

By Haniel Ukpaukure

I sat through the agony of watching President Muhammadu Buhari’s October 1, 2023 Independence Day broadcast not because I expected any cheering news – something different from his previous speeches, especially the recent ones – but because of its significance as his last in his capacity as Nigeria’s fourth democratically elected leader in the Fourth Republic.

It was more out of curiosity to hear what he would tell Nigerians as he begins to round off his two-term tenure.

My main takeaways from the speech, from the perspective of his promises on assumption of office in 2015, were that in the last seven years, his government has “worked methodically in reducing insurgency in the North East, militancy in the Niger Delta, ethnic and religious tensions in some sections of Nigeria along with other problems threatening our country; made “significant progress” in the fight against corruption, as evidenced in the “increasing number of prosecutions and convictions, with associated refunds of large sums of money,” and made efforts “in re-setting the economy manifested in Nigeria exiting two economic recessions by the very practical and realistic monetary and fiscal measures to ensure effective public financial management.”

It should be recalled that while campaigning for the 2015 general election, Buhari had promised to bring insecurity to an end, with a firm commitment to secure the return of the Chibok girls whose abduction was a major tool of his campaign.

He did not promise to merely reduce insurgency. He promised to wipe out corruption because, “if we don’t kill corruption, corruption will kill us.” He did not promise “significant progress” in the fight against corruption. He promised to revamp the economy, create jobs and improve the standard of living of Nigerians.

While the administration talks glibly about its success in reducing insurgency in the North East, it carefully avoids mentioning the fact that in 2105, Nigerians could travel to any part of the country at any time, day and night, without fear of ending up in kidnappers’ dens, as it is the case today.

The government does not want to mention the fact that under the watch of a president whose military background recommended him as the right man at the right time, terrorists have shown the level of dare-devilry and bravado never witnessed in the country.

The administration has been helpless as terrorists shot down a military aircraft; invaded the country’s premier military institution, killing soldiers and abducting some; issued a threat to abduct a sitting president and attempted to make good the threat by attacking his advanced convoy and also attacking the elite Guard’s Brigade that protects him and his family.

They also have attacked a strategic prison in the seat of government, freeing hundreds of their comrades. If this is evidence of reducing insurgency from the level it was seven years ago, then we should wonder what it could have been if insurgency hadn’t been “reduced.”

Buhari mentioned “increasing number of convictions” as proof of his administration’s success in the fight against corruption. It is possible the president was referring to the routine conviction of internet fraudsters, something the Economic and Financial Crimes Commission periodically flaunts as its achievements in the fight against corruption.

He couldn’t possibly have referred to the fight that is being waged through press statements and press conferences by his spokesmen, when Nigerians know that corruption now walks on four legs under his nose. It speaks volumes about the war on corruption that one man was able to steal over N190 billion, despite the various “measures” the administration has put in place to tackle corruption.

From what we are hearing, the man may walk away with a slap on the wrist through a plea bargain that may allow him keep the larger chunk of his loot, while he returns to the state an infinitesimal fraction that would not pay for his new, 17-year-old wife’s holiday in Dubai.

It is a measure of Buhari’s seriousness and commitment in the war on corruption that his ministers effortlessly spent N100 million to buy forms to contest presidential primaries, without any question from him.

On the economic front, the relevant figures and statistics, including the macro-economic indices – compared with what they were in 2015 – are there to confirm the administration’s effort in “re-setting” the economy.

These statistics are reflected in the cost of living for the average Nigerian – the prices of foodstuff and other essential commodities that have gone out of the reach of the generality of the people.

But we must give Buhari the credit of having the Petroleum Industry Bill that languished in the National Assembly throughout the life of the previous PDP administration passed during his tenure.

The Petroleum Industry Act that would reposition the nation’s oil and gas industry for the required growth bears his signature. If not for anything, he would be remembered for breaking what had turned into a jinx.

Ukpaukure, a media/publicity consultant and writer, lives in Lagos

hanielu@yahoo.com

 

 

Hot this week

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

Aviation: Five Key Risks That Will Shape 2026

By Marie Owens Thomsen Senior Vice President, Sustainability & Chief...

Topics

COP30: Green Digital Action Hub to Accelerate Innovation for a Sustainable Future

A coalition of international partners announced the creation of...

₦5tn AMCON Debt: Finance Minister, BPP, ICPC Join Recovery Campaign

The Minister of Finance, Mrs. Zainab Shamsuna Ahmed has charged...

Guinea Insurance ED, Pius Edobor, Joins Board of CIFCFIN

Dr. Pius Edobor Executive Director, Finance & Administration Guinea Insurance Plc Guinea...

IMF: Nigeria’s Economy Rebounds, Per Capita Income Remains Flat

The International Monetary Fund (IMF) has affirmed slight growth...

Red Star Express Posts N6.6bn Turnover

A leading logistics Company, Red Star Express Plc has...

DBI Boss: Govt Should Invest in ICT Skills

Dr. Ikechukwu Adinde Administrator Digital Bridge Institute Dr. Ikechukwu Adinde, Administrator of...

NCC Warns: Hacking Group Targeting Telcos, ISPs

In keeping with its commitment to continuously keep stakeholders...

Buhari May Sack CBN Gov, Emefiele, over Naira Crisis

President Muhammadu Buhari may sack Mr. Godwin Emefiele, Governor,...
Exit mobile version