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Pat Utomi Raises Alarm Over Potential Naira Collapse, Envisions N10,000 Per Dollar Exchange Rate

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Pat Utomi Raises Alarm Over Potential Naira Collapse, Envisions N10,000 Per Dollar Exchange Rate....KINDLY READ THE FULL STORY HERE▶

Renowned economist and prominent figure in the Labour Party, Pat Utomi, has sounded a warning, expressing concerns about the possibility of the naira reaching N10,000 per dollar if immediate action is not taken………CONTINUE READING

Utomi made this prediction during an event organized by activist Moses Paul to commemorate the first anniversary of the 2023 presidential election, which took place on Sunday.

Highlighting the urgent need for intervention to address the deteriorating state of the nation, Utomi emphasized the growing sense of disconnection between the people and those in power, coupled with the failure of authorities to effectively represent the interests of the citizens.

He underscored the imperative of reclaiming the country’s trajectory without delay, asserting that waiting until the next election cycle is not a viable option.

Utomi stressed the importance of proactive citizen engagement in rectifying the current situation, cautioning that without adequate measures, the naira could plummet to N10,000 per dollar.

In his words, “Our country is facing imminent decline; it is decaying because the populace feels alienated from their leaders, and those in positions of power seem out of touch with the people’s needs. Everything is rapidly deteriorating.

“This moment demands action from us as citizens to restore our nation’s integrity. We cannot afford to postpone our efforts until the next election cycle in 2027. The time to reclaim our country is now.

“We must assume responsibility because we possess the knowledge needed to navigate these challenges. If we fail to establish our own security framework, productivity will suffer, and the naira’s value could plummet to N10,000 per dollar, mark my words.”

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Breaking: UN To Storm Oyo? NDC Claims International Inquiry Will Expose School Abduction Secrets!

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The Nigeria Democratic Congress (NDC) has officially endorsed Oyo State Governor Seyi Makinde’s proposal for an independent, United Nations-led investigation into the recent abduction of pupils and teachers in the state’s Oriire Local Government Area.....KINDLY READ THE FULL STORY HERE▶

  • Seeking Accountability: The party, represented by National Publicity Secretary Osa Director, argues that an impartial international inquiry is essential to uncovering the truth, ensuring justice for victims, and holding all responsible parties accountable.

  • Transcending Politics: The NDC emphasized that its support for this investigation is not partisan; rather, it is driven by the gravity of the attack on schoolchildren, which the party insists should not be trivialized by political speculation or institutional rivalries.

  • Restoring Public Trust: The party believes that a UN-backed probe would provide the transparency and credibility needed to reassure the public and restore confidence in Nigeria’s security and judicial institutions.

  • Improving Security: Beyond clarifying the circumstances of the incident, the NDC noted that an independent inquiry could identify operational lapses and help strengthen future security responses to better protect schools nationwide.

The NDC has called on the Federal Government to cooperate with all lawful and credible efforts to investigate the kidnapping, stressing that the safety of Nigerian children must remain a top priority that is handled with the highest level of responsibility.

Governor Makinde’s original call for the UN probe was prompted by widespread public concern regarding the attack, specifically regarding how the perpetrators accessed the communities and the effectiveness of the security response.

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Chaos In Lagos: NURTW Leader Ijaya Assassinated By Unknown Gunmen!.

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Toba Ajiboye, the Organising Secretary of the National Union of Road Transport Workers (NURTW) in Lagos State, has passed away after succumbing to gunshot wounds sustained during an ambush by unidentified gunmen.....KINDLY READ THE FULL STORY HERE▶

  • The attack occurred on Sunday night while Ajiboye was returning home from Fadeyi, his childhood neighborhood.

  • Assailants intercepted his vehicle along the Ikorodu Road corridor and opened fire, leaving the car severely damaged with multiple bullet holes visible on the windscreen and body.

  • While early reports indicated that Ajiboye and the other occupants had survived with injuries, it was later confirmed that he died while undergoing medical treatment.

  • As of the time of the report, no arrests have been made, and the motives behind the attack remain unknown, with the Lagos State Police yet to issue an official statement.

Tributes and Reactions

  • Lagos State NURTW Chairman, Alhaji Mustapha Adekunle (known as Sego), expressed deep shock and sorrow, remembering Ajiboye as a trusted friend, a loyal ally, and a vital pillar of the union.

  • In a tribute, Sego highlighted that their bond went beyond professional duties and that Ajiboye’s dedication to the union and their movement, “TeamSego,” would be greatly missed.

  • The incident has caused significant alarm among local residents and transport workers, prompting widespread calls for a full investigation to bring the perpetrators to justice.

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“Seagulls Smash Records! Brighton Secure Massive Club-Record Deal For Wonderkid Luka Vuskovic!”.

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Brighton have finalized the signing of 19-year-old Croatian center-back Luka Vuskovic from Tottenham Hotspur for a club-record fee of £46 million, which could increase to £50 million with performance-based add-ons.....KINDLY READ THE FULL STORY HERE▶

  • Contract Details: The defender has agreed to a five-year deal at the Amex Stadium, which includes an option to extend his stay by another 12 months.

  • Club Persistence: Brighton secured the high-profile prospect after having two previous bids rejected last month.

  • Coach’s Perspective: Head coach Fabian Hurzeler noted that the club has tracked Vuskovic for some time and praised his ability to perform at a high level, though he acknowledged the young player will need time to adjust to the Premier League.

  • Previous Success: After joining Tottenham in 2025, Vuskovic spent last season on loan at Hamburg, where he made 30 Bundesliga appearances, scored six goals, and earned the Bundesliga Rookie of the Season award.

  • Replacing a Departure: Vuskovic arrives as the designated replacement for Jan Paul van Hecke, who recently moved to Tottenham in a deal worth £52 million.

  • Early Career & International Stature: A product of the Hajduk Split academy, he holds records as the club’s youngest-ever player and goalscorer in the Croatian top flight. Internationally, he has earned six senior caps for Croatia and made his FIFA World Cup debut last month against England.

  • Upcoming Schedule: Brighton is set to kick off the 2026/27 Premier League season on Sunday, 23 August, against Aston Villa.

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