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2023 : Nigeria would be among the greatest nations in human history, Says APC presidential aspirant, Bola Tinubu
The former governor of Lagos State and presidential aspirant under the ruling All Progressives Congress (APC), Bola Tinubu, has listed his agenda for the country if voted into power, saying improving the economic prospects of young Nigerians must be prioritised to reclaim the glorious past.
Mr Tinubu spoke on Thursday as the lecturer 25th convocation ceremonies of the Lagos State University (LASU), Ojo. He spoke on the theme; “Global Trends: The Rightful Place of Nigeria in the World.”
The convocation lecturer, who was represented by the Lagos State Deputy Governor, Obafemi Hamzat, said time was running out for Nigeria to address her challenges, insisting that it is not enough to have potential but to convert them for the benefit of humanity.
He announced the donation of a N1 billion worth of centre to the university, which he noted would be for the incubation of leadership skills and training for future leaders in the country.
Speaking on the difference between the country’s potential and the sad realities, Mr Tinubu said Nigerians should no longer befool themselves, saying “history is patient yet not forever lenient regarding negligent folly.”
He said; “There comes a time when there is no time. Either action is taken, and the urgent word is said or precious chance slips away, lost forever. Our nation is approaching such a moment.
“We have boasted of enormous potential for decades, consoling our discomfort by saying that potential will be realised tomorrow. But something disappointing seems to happen when tomorrow becomes today. Years and decades have passed, yet greatness remains elusive.
“If greatness came merely by speaking of it, we would be among the greatest nations in human history.
“Instead, Nigeria remains locked in place. We remain an economy unjustly designed to export raw materials and import increasingly expensive finished products. The name of the raw materials might have changed from cocoa and groundnuts to oil and gas. The dire effects of this uneven economic arrangement remain the same
“We must be truthful enough to acknowledge this lapse, bold enough to correct it, and tolerant enough not to endlessly vilify each other for causing it. We are all both causes and hopefully solutions. Let us join hands. We must reform this nation.”
Listing his agenda and strategies for reform in the country, the presidential hopeful said the government must support strategically important industries to employ large numbers of young people for them to unleash their productive capacity and boundless energy.
He said national industrial and employment policies must move from the pages of documents to real life, saying the next sector to be properly reformed should be agriculture.
Mr Tinubu said: “We must increase food production while lowering consumer prices. Commodity exchange boards need to be reinstated to assure minimum farm incomes. Reforms are needed to give farmers more access to credit by loosening mortgage requirements and allowing greater leeway to execute forward contracts on what they grow.
“To combat food spoilage, we need to improve the rural road network and fund refrigeration systems for use by farmers and merchants in major local markets in each state. In the areas affected by extreme weather, water catchment systems and small-scale irrigation projects must take hold to mitigate the consequences of droughts and floods while also ensuring water for year-round agriculture.”
Real estate, education
The former governor also listed the real estate sector as one requiring urgent attention, saying its reform will allow the unlocking of economic potential in urban areas.
“It will make it easier to convey and mortgage real estate to lower the costs and time associated with the acquisition and sale of land, thus better allocating land to the most productive uses. Our mortgage institutions need to be revised and better-financed so they can provide affordable residential mortgages to young people just entering the workforce,” Mr Tinubu said.
According to Mr Tinubu, reforming education and the economy cannot be left out. He noted that formal education must be linked with the skills and expertise the business community seeks in the coming years.
He also said there is a need for a massive national infrastructure plan as he added that no national economy can grow beyond the capacity of its infrastructure to service the economy.
“Potable water should be readily available in our cities. Electrical power is the fulcrum of our development. We enact the reforms necessary to power businesses and homes at affordable prices. Firms in the sector must work as much for the public good as for private gain. Businesses contributing to power generation should receive generous tax treatment and forbearance,” Mr Tinubu said.
Centre donation
Meanwhile, the university’s vice-chancellor, Ibiyemi Olatunji-Bello, while congratulating the graduands on the successful completion of their studies, announced that Mr Tinubu donated a N1 billion centre to LASU.
Mrs Olatunji-Bello said it will be named Bola Ahmed Tinubu Centre for Leadership and Development, even as she urged the graduands to always conduct themselves in such ways and manners that will bring glory to them, their families, and their alma mater.
“You have been taught what it takes to succeed in life. Go and explore the world, do not limit your capabilities, be focused on whatever you do and involve God in your endeavours. Always remember that we are LASU and we are great,” Mrs Olatunji-Bello said.
She also congratulated all honourary awardees, saying their choice from amongst a lot of other suggested names after rigorous scrutiny, is a confirmation of their sincerity, sacrifice and unparalleled contributions and service to Nigeria.
“To Distinguished Professor Peter Akinsola Okebukola, the conferment of the rank of Professor Emeritus on you today is our modest way of appreciating all you have done and still doing for us at the Lagos State University, other Universities in Nigeria, and the world at large,” the vice-chancellor added.
On his part, the pro-chancellor and chairman of the university’s governing council, David Sunmoni, congratulated the families of the graduands.
He said; “Today’s convocation ceremony is for the Awards of PhDs, Conferment of the rank of Emeritus Professor and Honorary Doctorate Degrees to those who have been trained, examined, and undoubtedly found worthy both in character and in learning and eminent personalities who have contributed immensely to the development of humanity.”
The university’s chancellor, Gbolahan Elias, a professor, who was represented by the chairman of the convocation lecture and governor of Katsina State, Bello Masari, also told the graduates that their hard work and effort are recognised.
“You should continue to show interest in the progress of LASU, just as LASU must always keep track of your progress. The formal link between you and your university is provided for through the convocation. Please do not forget your roots here. LASU will certainly come to you for support in the months and years ahead,” he said.
Honorary doctorate awards were conferred on the governors of Kano and Borno states, Abdullahi Ganduje and Babagana Zulum, a professor of engineering, and the chairman, Nigeria in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa.
Also honoured are the former chairman of First Bank, Ibukunoluwa Awosika, and the chairman of Ikeja Hotel Plc, Goodie Ibru.
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BREAKING: Ex-NIWA Boss Oyebamiji Clinches Osun APC Governorship Ticket
The immediate past Managing Director of the National Inland Waterways Authority, Bola Oyebamiji, on Saturday emerged as the consensus candidate of the All Progressives Congress for the forthcoming Osun State governorship election.
Oyebamiji’s emergence followed a motion moved by two governorship aspirants, Kunle Adegoke (SAN) and Senator Babajide Omoworare, at the primary election venue located within the premises of Ebunoluwa Group of Schools, Osogbo.
The Chairman of the APC governorship primary committee and Governor of Edo State, Monday Okpebholo, thereafter subjected the motion to a voice vote, which received overwhelming support from party members present at the primary.
Okpebholo subsequently declared, “By the power conferred on me, I present to you Bola Oyebamiji, as the governorship candidate of our party.”
Newsthumb earlier reported that the APC governorship primary in Osun State commenced in Osogbo, the state capital, with the arrival of the committee chairman, Monday Okpebholo, who noted that the candidate will emerge by affirmation.
APC’s gov candidate Oyebamiji pledges to reposition Osun
He arrived at the venue alongside the co-chairman of the committee, Governor Lucky Aiyedatiwa of Ondo State, and other members of the governorship primary committee, including Governor Abdullahi Sule of Nasarawa State, Dr Obafemi Hamzat, who represented the Lagos State Governor, and former Kogi State Governor, Yahaya Bello.
Earlier on Tuesday, 1660 delegates that would elect the APC candidate in the December 13 governorship primary of the party emerged.
There were also clear indications that the seven APC governorship aspirants in the state had stepped down to back a consensus flagbearer after a late-night meeting with President Bola Tinubu at the State House, Abuja, on Wednesday.
A former APC National Secretary, Senator Iyiola Omisore, on Wednesday, speaking on a TVC News programme, Politics Tonight, declared his support for the party’s arrangement to choose a consensus candidate for the 2026 Osun State governorship election.
Omisore, who was among seven aspirants disqualified by the APC Screening Committee for alleged violations of party guidelines and electoral provisions, said he accepted the decision following guidance from President Bola Tinubu.
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BREAKING: Supreme Court Rejects FG Pardon, Upholds Maryam Sanda’s Death Sentence
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The Supreme Court has overridden the pardon granted by President Bola Tinubu to an Abuja-based house wife, Maryam Sanda, who was in 2020 sentenced to death by hanging for killing her husband, Bilyaminu Bello, during a domestic dispute.
President Tinubu had reduced Sanda’s sentence to 12 years imprisonment on compassionate ground.
But in a judgment a on Friday, the Supreme Court, in a split decision of four-to-one, affirmed the death sentence handed Sanda by the Court of Appeal, Abuja which upheld the decision of a HIgh Court of the Federal Capital Territory (FCT), sentencing her to death by hanging.
The Apex Court resolved all the issues raised in the appeal she filed against her and dismissed the appeal for being without merit.
Court orders woman accused of killing husband to enter defence
Justice Moore Adumein held in the lead judgment, which he personally delivered, that the prosecution proved the case beyond reasonable doubt as required, adding that the Court of Appeal was right to have affirmed the judgement of the trial court.
Justice Adumein held that it was wrong for the Executive to seek to exercise its power of pardon over a case of culpable homicide, in respect of which an appeal was pending.
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He Was Visibly Upset’: Tinubu Orders Clearance of N1.5tr Contractors’ Debt — Onanuga
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….Inter-ministerial panel to fix payment delay
President Bola Ahmed Tinubu has directed the payment of N1.5 trillion owed to local contractors.
He raised a multi-ministerial panel to provide a permanent funding solution during yesterday’s Federal Executive Council (FEC) meeting.
Presidential spokesman Bayo Onanuga said the President was ‘visibly upset’ about the situation.
Onanuga said: “He made it very clear he was not happy and wants a one-stop solution.
“The President expressed grave displeasure about the fact that contractors are being owed.”
According to him, the Director-General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, briefed the Council on the magnitude of outstanding obligations, prompting the President’s directive to constitute a multi-ministerial team to clear the backlog and come up with a funding plan.
Members of the committee are: Minister of Finance and Coordinating Minister of the Economy Wale Edun, Budget and Economic Planning Minister Atiku Bagudu, Works Minister Dave Umahi, Education Minister Olatunji Alausa, Housing Minister Ahmed Dangiwa and Marine and Blue Economy Minister Gboyega Oyetola.
Others are the Director-General of the Budget Office of the Federation Tanimu Yakubu, and the Federal Inland Revenue Service (FIRS) Executive Chairman, Dr. Zacch Adedeji.
Onanuga added: “All of them are expected to sit down, develop a plan as a committee, and then go to the President to tell him the solution they have found in allocating funds to pay contractors.”
He explained that the President was determined to “find the money and fix the problem,” even hinting that the government could borrow to settle verified obligations if necessary.
The development followed weeks of pressure from contractors, who have repeatedly protested delays in payment of certified arrears.
In September, the All Indigenous Contractors Association of Nigeria (AICAN) claimed during demonstrations in Abuja and at the National Assembly that more than N4 trillion was outstanding for 2024 capital projects.
The Ministry of Works had previously acknowledged a significant backlog and launched a verification exercise in January last year to account for roughly N1.5 trillion in unpaid federal highway contracts.
The issue has been further complicated by overlapping budget cycles, with 2024 capital components rolling into 2025.
Last month, the National Assembly approved an additional N1.15 trillion in domestic borrowing to help cover a widened 2025 deficit.
The government also tapped into the international markets with a $2.35 billion Eurobond to bolster its financing needs.
Also on December 3, members of the AICAN got an audience with Edun on the second day of their protest at the Ministry of Finance.
The protesters demanded payment for the contracts they executed for the Federal Government in 2024.
Also yesterday, Umahi expressed the Federal Government’s resolve to engage reputable indigenous contractors in the execution of critical infrastructural projects.
He dropped the hint during an inspection of the reconstruction of the Abuja-Keffi Highway.
The minister expressed satisfaction over the quality of the works on the road, which was awarded for reconstruction in October to JRB Construction Company Limited, an indigenous contractor.
The Abuja-Keffi dual carriageway project is a critical infrastructure development that aims to improve road connectivity and reduce travel time to Nasarawa State where most of the federal civil servants working in Abuja reside.
The project is expected to be completed in March.
The minister said: “This is the kind of organisation that will grow this country. Be assured that Mr. President is aware of what you are doing. And you are going to be paid to the last kobo.”
Umahi reiterated the government’s commitment to empowering indigenous companies.
He added: “We will continue to support and empower indigenous companies that have the capacity to deliver high-standard projects and contribute to the growth and development of the country.
“The recognition of JRB Construction Company Limited is a testament to the company’s exceptional performance and commitment to delivering high-standard projects.
“The company’s reputation as one of the top indigenous construction companies in Nigeria has been reinforced, and it is expected to continue to play a critical role in the development of infrastructure in the country.”
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