Connect with us

Editorial

State of the East-West Road and impact on South South economy

Published

on

East-West Road is the stretch of over 188km road tranversing about 1,000 communities cutting across the Niger Delta states of Nigeria.

The occupants are basically farmers and fishermen, who must evacuate their products via the road, thereby making the East-West Road crucial and economically important to them and by extension Nigeria.

The contract of this all-important infrastructure was first awarded in 2006 by the then President Olusegun Obasanjo,which was re-awarded by late President Musa Yaradua and inherited by successive administrations, but as at 2023 the project remains uncompleted.

One now begins to wonder why such economically viable project will remain perpetually uncompleted, 17years after the contract was awarded.

Pundits have been quick to deduce lack of political will as the major factor that militated and is still militating against the successful completion of the East-West Road. Come to think about it, what else could have stalled the progress of such critical project if not politics?

Other possible factors could also be sheer marginalisation, otherwise referred to as ‘the strong killing the weak,’ as portrayed in George Orwell’s Animal Farm. It is hard to believe that it was masterminded by a deliberate attempt of the major tribes to oppress and surpress the minor ethnic groups in the country.

One is tempted to pinpoint primordial sentiment as yet another reason why a major infrastructural contract as the East-West Road could not be completed and delivered for upward of 17years.

Road, according to the Minister of Works, Engr Dave Umahi — who is currently on inspection tour of major road contracts across the nation, with key attention on the East-West Road — is everything you can think of in development.

The Honourable Minister in his words said, “Road is development, road is industrialisation, road is access, road is economy, social and just name it.”

It is in this light that we hail the initiative of the ‘Renewed Hope Agenda’ of the President Ahmed Tinubu-led administration, which has within the shortest time of assuming office mobilised the Minister of Works, Engr Dave Umahi who virtually came by road from Abuja to have an on the spot assessment of the state of the East-West, with a view to tackling the problem headlong.

The Minister did not come for sightseeing, but was fully equipped with fund releases to address the issue of the East-West Road once and for all.

If the unity of this great country called Nigeria had from the onset been put in the forefront, we wouldn’t have come to this point, where a project conceived and awarded since 2006 is still ongoing. That perhaps could have made the Guinness Book of Records negatively in some climes.

But thank God for the current intervention of the President Ahmed Bola Tinubu’s government. Our prayer is that this candle that is already burning shall never go dim.

As the saying goes, better late than never. We don’t have any reason to fail as a nation and that can never be our portion, but we must be determined to call the bluff and right the wrong as at when due.

Editorial

Kaduna drone mishap: Military must review rules of engagement, standard operating procedures

Published

on

An accidental bombing of Tudun Biri village in Igabi local Government Area, (LGA) Kaduna state by the Nigerian Army, Sunday night, has attracted major concerns. The ugly development left much controversy..

Undisclosed scores of persons have been confirmed dead with dozens injured, following the bombardment which has been described as accidental and erroneous. While the Nigerian Air Force denied its involvement, later confirmation from official sources established the fact of the event. The Nigerian Army later owned up responsibility.

The Overseeing Commissioner, Ministry of Internal Security and Home Affairs, Kaduna State, Samuel Aruwan In a press statement that trailed the development personally signed and made available to Journalists in Kaduna on Monday had said the incident happened on Sunday night, while the Army was in a routine mission against terrorists in the area. He further stressed that search-and-rescue efforts are still ongoing, as dozens of injured victims have been evacuated to Barau Dikko Teaching Hospital by the government.  According to him, the General Officer Commanding One Division Nigerian Army, Major VU Okoro explained that the Nigerian Army was on a routine mission against terrorists but inadvertently affected members of the community.

On a later development, amidst more knocks trailing the Sunday night military accidental bombardment, the Chief of Army Staff (COAS) Lieutenant General Taoreed Lagbaja paid a condolence visit to the community, tendering apologies. The Army Chief arrived the community in the early hours of Tuesday, accompanied by Principal Staff Officers from the Army Headquarters and the General Officer Commanding 1 Division, where he met with the Dangaladima Zazau, the District Head of Rigasa, Architect Aminu Idris, other leaders and members of the community.

A statement by the Director, Army Public Relations, Brigadier General Onyema Nwachukwu had  explained, “The COAS in an emotion-laden speech expressed regrets on the unfortunate mishap, describing it as a very disheartening occurrence.  Speaking further, Gen Lagbaja noted that in the recent past, the general area of Tudun Biri and adjoining villages were infested with armed bandits, who terrorised the communities, until troops of the Nigerian Army started conducting operations to sanitize the area and make it habitable. He pointed out, that the troops were carrying out aeriel patrols when they observed a group of people and wrongly analyzed and misinterpreted their pattern of activities to be similar to that of the bandits, before the drone strike. The COAS stated that he was in Tudun Biri to personally witness the site of the mishap and to convey sincere regrets and unreserved apologies on behalf of the Nigerian Army to the District Head and people of the community, as well as the  Government and entire people of Kaduna State.”

Describing the incident as “disturbing,” President Bola Tinubu ordered an investigation Tuesday after the Army acknowledged one of its drones mistakenly struck the village of Tudun Biri as residents celebrated a Muslim festival.

Knocks have continued to trail the mishap. For instance, former Vice President Atiku Abubakar, expressed concerns over the number of accidental Nigerian military air strikes which have killed dozens of civilians and left several others injured.  Atiku, who was the Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, in a post on his X handle, on Tuesday described the latest miscalculated military drone attack as tragic.

”I am grieved by the news of the drone airstrike that killed dozens of people and left scores of others with various degrees of injury in the Tudun Biri community in Igabi Local Government Area of Kaduna State. Ironically, the victims of this unfortunate incident were celebrating the Maulud anniversary. The incidence of miscalculated air strikes is assuming a worrisome dimension in the country.

“I call on the authorities to launch a thorough investigation into this tragedy to avert future occurrences.

“Meanwhile, no resource should be spared in medical attention to the injured and assistance to the families of the dead. I pray that the Almighty Allah comforts the bereaved families and grants the dead eternal peace,” he had submitted.

Presidential candidate of the Labour Party in the 2023 election, Mr. Peter Obi had described the bombing of Tudun Biri Villagers by the Nigerian Army as regrettable. Obi in his assertion in a statement via his official X handle on Tuesday, said the incident is an embarrassment for the Nigerian Army and the country. Obi had said any incident that leads to harm or the loss of lives of the innocent people they are meant to protect should be avoided.

He stated, “I read with sadness, the devastating reports of the accidental bombing of Tudun Biri Village in the Igabi Local Government Area of Kaduna State, by a Nigerian Army craft that mistook the villagers for terrorists.

“The lethal incident left death tolls reported to have risen to 80, with several others injured. While our military continues to fight impressively against insecurity in many parts of the country, they must exercise utmost caution and professionalism to avoid this kind of embarrassment to both the military and the country.

“Fatal mistakes like this leave indelible trauma on the families who have lost their loved ones to this ugly and unfortunate mishap. I sincerely commiserate with families that lost their loved ones.

“It is regrettable that the problem of insecurity in our nation has persisted for so long that we are now paying such unintended human costs as collateral damage.”

The United Nations also deplored the incident. The UN human rights office said it deplored the attack, noting that it was the latest of at least four airstrikes that have resulted in significant civilian fatalities since 2017.

“While we note that the authorities have termed the civilian deaths as accidental, we call on them to take all feasible steps in future to ensure civilians and civilian infrastructure are protected,” said UN Human Rights Office spokesperson, Seif Magango said in a statement.

The UN added that, “We are particularly alarmed by reports that the strike was based on the ‘pattern of activities’ of those at the scene which was wrongly analysed and misinterpreted. There are serious concerns as to whether so-called ‘pattern of life’ strikes sufficiently comply with international law.

“We urge the Nigerian authorities to thoroughly and impartially investigate all alleged violations of international human rights and international humanitarian law, including deaths and injuries from air force strikes, and hold those found responsible to account.

“The government should also provide victims of any unlawful strikes and their families with adequate reparations.”

While it is known that bandits have long terrorised parts of Northwest Nigeria, operating from bases deep in forests and raiding villages to loot and kidnap residents for ransom, it is no doubt that military efforts to combat the terror is not negotiable. However, such efforts must not be unguided and carried out without intelligence.

It is known that Nigeria’s Armed Forces often rely on airstrikes in their battle against bandit militias in the Northwest and Northeast of the country, where jihadists have been fighting for more than a decade. As noted, it is important the Armed Forces review rules of engagement and standard operating procedures to ensure that such incidents do not repeat itself. It is pertinent that security agencies begin to work with reliable human intelligence reports on the ground before any offensive attack to avoid innocent casualties, as the case was in Kaduna.

Also important is the need to develop counterinsurgency strategies that will insulate the civilian population from tragic incidents of this nature. Acting on intelligence is important for the military to exercise utmost caution and professionalism to avoid this kind of mishap.

Continue Reading

Editorial

What Nigeria stands to gain at COP28 in Dubai

Published

on

The connotations and denotations surrounding the ongoing Convention of Parties (COP) with Nigeria being  described as having recorded the highest number of registered delegates from Africa at the ongoing COP28 in Dubai, United Arab Emirates should be accorded with less priority.

Our focus as the most populous black nation in the entire globe should be the positive impacts of the summit on our environments considering the fact crude oil is the major source of revenue to national coffers. Therefore, the activities surrounding extraction, mining and operational processes of oil production and even the mining Sector must be properly dealt with and these are some of the areas of concentration by the Federal Government led team by President Bola Tinubu.

According to a list published by the United Nations Framework Convention on Climate Change (UNFCCC), Nigeria is also third-highest overall in number of delegates at the conference.The provisional total for COP28 indicates that 81,027 delegates registered to attend the summit in person. With a further 3,074 attending virtually, this takes the overall total to 84,101, a report released on Friday. The figure is 30,000 more than those who travelled to Sharm El-Sheikh in Egypt for COP27 in 2022, the previous largest in an almost 30-year history of summits.

The positive aspect is that Nigerians  participating at the summit will have a broadened knowledge on the activities of climate change affecting the country and this will be spindown through policies formulation and implementation by the government.

Peeping through the article written by Special Assistant to Mr. President on Media and Publicity, Mr. Temitope Ajayi argued that those with sufficient understanding and knowledge on climate matters know that issues around the subject have layers and multiplicity of factors that require experts from various fields. There are lined-up technical sessions on financing climate actions at sub-national levels, regions and local governments. State Governors from Nigeria such as Governor Babajide Sanwo-Olu of Lagos, Dapo Abiodun of Ogun, Umo Eno of Akwa-Ibom have been really busy with their officials at COP28, making presentations, speaking at panel sessions and pitching some of their sustainability projects to development partners and investors.

According to him, multifaceted stakeholders from different countries including Nigeria are on ground in Dubai because they don’t want decisions that will affect them to be taken without pushing their own agenda. It is the reason delegates from China and Brazil are over 3,000 respectively. China is one of the world’s biggest polluters and Brazil is at the centre of global climate debate with her Amazon rainforest. These two countries know important decisions that will affect them will be taken and they have to move everything to be fully on ground and ensure they are fully represented by their best brains at every level of discussion and negotiation.

Like former President Muhammadu Buhari and other African leaders who demanded fair deal and climate justice for Africa at previous UN Climate summits, President Tinubu is leading the charge at COP28 on behalf of Nigeria and the rest of the continent, demanding from the West that any climate decision and action must be fair and just to Africa and Nigeria in particular, especially the debate around energy transition. President Tinubu has been unequivocal in his position that Africa that is battling problems of poverty, security and struggling to provide education and healthcare to her people cannot be told to abandon its major source of income which is mostly from extractive industries without the West providing the funding and investment in alternative and clean energy sources. President Tinubu and other officials on the Federal government delegation are in Dubai for serious business not jamboree. Our President has been very busy representing our country well. Since Thursday morning when he arrived Dubai, President Tinubu has spent not less than 18 hours daily in attending very important sessions, pushing our national agenda whilst holding bilateral and business meetings on the sidelines.

On the part of the  Federal Government, the Minister of Information and National Orientation, Mohammed Idris clarified that the delegation sponsored by the Government to attend the Convention of Parties (COP) 28 in Dubai is on serious business and not jamboree. He explained that the country’s participation in the summit is in line “with our status as Africa’s leading sovereign voice and player in climate action.”

According to the Minister, out of the 1,400 Nigerian delegates attending the COP28, only 422 persons are sponsored by the government. Listing the numbers he revealed that National Council on Climate Change has 32, Federal Ministry of Environment = 34, All Ministries = 167, Presidency = 67, Office of the Vice President = 9, National Assembly = 40 and Federal Parastatals/Agencies = 73 participants.

In noting the importance of the summit, the minister emphasised that “Nigeria as the biggest economy and most populous country in Africa, with a substantial extractive economy and extensive vulnerability to climate change, Nigeria has a significant stake in climate action, and our active and robust participation at COP is therefore not unwarranted. The Convention of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) is the world’s pre-eminent Climate Change Conference, attended this year (COP-28) by more than 70,000 participants and delegates from over 100 countries.

“Nigeria’s representation is very much in line with our status as Africa’s leading sovereign voice and player in climate action. Parties to this Convention from Nigeria include government officials, representatives from the private sector, civil society, the voluntary sector, state governments, media, multilateral institutions, representatives of marginalised communities, and many others.”

According to him, it is imperative to point out that the overall Nigerian delegation to COP-28 comprises Government-sponsored (Federal and State Governments) and non-government-sponsored participants (from Private Companies, NGOs, CSOs, Media, academia, etc).COP-28 presents an array of investment and partnership opportunities for the various sectors affected by climate change, and Nigeria is already benefiting from its ongoing participation, as demonstrated by the following: Nigeria and Germany signed an accelerated performance agreement to expedite the implementation of the Presidential Power Initiative (PPI) to improve Nigeria’s electricity supply. President Tinubu hosted a high-level meeting with stakeholders and investors on the Nigeria Carbon Market and the Electric Buses Rollout Programme on the margins of the COP28 climate summit.

“The President unveiled the Nigeria Carbon Market Activation Plan, co-chaired by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji, and the Director-General of the National Council on Climate Change (NCCC), Dr. Dahiru Salisu.

“The Electric Buses program is only the first step in a series of innovative, clean, modern, and sustainable initiatives across diverse sectors, all aimed at simultaneously addressing climate change-related challenges, reducing carbon footprint, modernising infrastructure systems, and positioning Nigeria as an attractive destination for global investments.”

He maintained that Nigeria stands to benefit from the Loss and Damage Fund established during COP-27 in Egypt and formally operationalised at the opening plenary of COP-28 in Dubai. The Fund will provide substantial non-debt financing to support countries most affected by the impact of climate change. Hundreds of millions of dollars have already been pledged as contributions to the Fund. The President also met the President of UAE to concretise engagements between the two countries. This is aside from the bilateral talks held with several countries and multilateral partners.

There should be highlighted that, over the years, Nigeria has firmly demonstrated its climate action credentials by being the first African country to launch its Energy Transition Plan, the first African country to issue a Sovereign Green Bond, and one of the first to pass national climate change legislation.

It is pertinent to note that beyond the number of sponsored delegates being argued and trending on social media, Nigerians should beam their searchlight on collective benefits from various stakeholders cutting across public and private sectors, communities and socio-ethnic gains of the masses from the ongoing Convention.

Continue Reading

Editorial

The mirage of fiscal renewal in Nigeria’s 2024 budget

Published

on

The unveiling of Nigeria’s 2024 budget by President Bola Tinubu was anticipated with a mix of hope and skepticism.

The hope was that the new administration would pivot from the fiscal imprudence that has characterised the nation’s budgeting for decades.

The skepticism stemmed from a history of unfulfilled promises and economic plans that have often sounded more impressive on paper than in practice. Unfortunately, the skepticism seems warranted as the N27.5 trillion budget proposal for 2024, dubbed the ‘Budget of Renewed Hope,’ falls short of the transformative fiscal recalibration that was promised.

At first glance, the budget’s title suggests a fresh start, a breakaway from the past. However, a closer examination reveals a continuation of the same old patterns: “envelope” budgeting, precarious funding assumptions, a bloated recurrent expenditure, a modest capital outlay, a substantial deficit, and an increasing debt burden.

This is not the bold overhaul that Nigerians were promised, but rather a reiteration of the uninspiring fiscal practices of the past two decades.

President Tinubu’s speech to the National Assembly painted an optimistic picture, one where the budget would lay the groundwork for macroeconomic stability, reduce the deficit, and increase capital spending in line with the administration’s priorities. Yet, the reality of the figures tells a different story.

The allocation of N9.92 trillion for non-debt recurrent expenses and N8.25 trillion for debt servicing—which alone consumes a staggering 45 percent of the total budget—signals a continuation of the government’s preference for consumption over investment.

This approach does little to inspire confidence in the budget’s potential to stimulate economic growth or alleviate poverty.Moreover, the projected deficit of N9.18 trillion, which represents 3.88 percent of GDP, though a reduction from the previous year’s 6.11 percent, still underscores a reliance on borrowing.

The planned new borrowings of N7.83 trillion, along with the anticipated N1.05 trillion drawdown on multilateral and bilateral loans, further entrench Nigeria’s precarious revenue position. The expected N298.49 billion from privatisation proceeds is not only insignificant in the grand scheme but also highly speculative, given the government’s historical reluctance to privatize.

The budget reiterates lofty goals such as fostering “job-rich” growth, improving investment stability, and enhancing human capital development. Yet, without a significant shift in the allocation towards capital expenditure and a realistic plan for revenue generation, these objectives seem more aspirational than achievable.

The heavy lean on debt servicing casts a long shadow over the prospects of meeting these goals, as it leaves little room for the necessary investments in infrastructure, education, and healthcare that are critical for sustainable development.

The ‘Budget of Renewed Hope’ was an opportunity for President Tinubu’s administration to demonstrate a commitment to changing the narrative of Nigeria’s economic management. It was a chance to present a budget that would not only reflect the current economic realities but also chart a clear path towards fiscal sustainability and inclusive growth.

Unfortunately, the 2024 budget proposal, as it stands, is a missed opportunity. It is a whimper in the face of Nigeria’s economic challenges, not the bang that was needed to jolt the economy towards a new trajectory.

As the National Assembly deliberates on this budget, it is imperative that lawmakers critically assess the proposed allocations and assumptions. They must push for a more balanced budget that prioritizes capital expenditure and addresses the revenue challenges head-on. It is only through such rigorous scrutiny and a willingness to make tough decisions that Nigeria can hope to achieve the macroeconomic stability and growth that the government so optimistically promises..

Nigeria’s recently announced 2022 budget has been met with criticism from experts who have raised concerns over its assumptions and allocation of funds.

The budget assumes an average oil price of $77.96 per barrel, which is precarious given that prices have averaged $74.38 on Friday.

Additionally, the estimated oil production of 1.78 million barrels per day is questionable, with production averaging 1.35mbpd this year. With 400,000bpd stolen and OPEC seeking to cut production to boost prices, the output target appears unrealistic.

Furthermore, the national budget is still overly dependent on oil and gas revenues. Other assumptions, such as inflation at 21.4 per cent and debt servicing, also raise questions. Inflation rose to 27.3 per cent in October, fuelled by high energy prices, rocketing naira exchange rates and runaway food prices.

The government’s spending over 90 per cent of its revenue on debt-servicing, and still borrowing at breakneck pace, means its deficits and borrowings could eventually exceed estimates. Experts describe annual budgets as an “important instrument of national resource mobilisation, allocation and economic management”.

However, this budget is largely more of the same annual fare, sustaining high recurrent spending. The N1.32 trillion or 5.0 per cent infrastructure vote falls short of the $1.5 billion required under the Reviewed Integrated Infrastructure Master Plan.

The social sectors, primarily education and health, which combined are allotted 12.5 per cent, continue to get short thrift.

This contradicts Tinubu’s electoral promise to allocate at least 10 per cent to health, and the 15 per cent combined agreed for health and education by African countries in 2010. Overall, the budget has been criticised for its assumptions and allocation of funds, which could hinder economic development.

Continue Reading

Trending