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Obasanjo Urges Leadership Reform To Combat Corruption And Tackle Nigeria’s Growing Debt

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Former President Olusegun Obasanjo has raised concerns about Nigeria’s escalating debt burden, describing it as a significant challenge for both the current and future generations. He shared his thoughts during a Zoom interactive session titled “Boiling Point Arena” on Sunday.....KINDLY READ THE FULL STORY HERE▶

Obasanjo reflected on his time in office, mentioning his success in securing debt forgiveness for Nigeria before leaving office. However, he stressed that the country’s current debt profile poses a serious issue that will affect both present and future generations.

The nation’s debt has risen by ₦12.6 trillion in just three months, reaching ₦134.3 trillion ($91.3 billion) by the end of Q2 2024, marking a 10.35% increase from ₦121.7 trillion in the first quarter.

Looking forward, Obasanjo expressed hope that Nigeria’s path could improve with transformative leadership. He highlighted South Korea and Singapore as examples of countries whose progress has been driven by leadership based on merit and integrity.

He emphasized that South Korea’s focus on appointing leaders based on merit has been key to their success, while Singapore’s success is attributed to leadership built on trust and integrity. Obasanjo further stated, “The best way to fight corruption is from the top. Leadership should be about service, not self-enrichment.”

He also criticized those who exploit leadership positions for personal gain and argued that corruption in government can only be combated by nurturing a critical mass of individuals who are committed to rejecting illicit gains.

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“Kano Will Fall!” – NDC Candidate Declares Total War On APC Ahead Of 2027.

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Aminu Abdulsalam Gwarzo, the Nigerian Democratic Congress (NDC) governorship candidate for Kano State, has declared his firm belief that his party will defeat the incumbent administration in the 2027 elections. During a recent event to affirm his candidacy, the former deputy governor emphasized the unity between the NDC and the Kwankwasiyya movement, asserting their shared determination to lead Kano State in a new direction.....KINDLY READ THE FULL STORY HERE▶

Gwarzo reaffirmed the movement’s unwavering commitment to the ideals of its leader, Rabiu Musa Kwankwaso, stating, “We are the followers of Kwankwaso. We are here, and we continue to pray day and night. By the will of Allah, this government will be defeated in a single stroke.” He pointed to the palpable enthusiasm within the movement as clear evidence that democratic change is well within reach.

Looking toward the upcoming election, Gwarzo outlined a strategy centered on robust grassroots mobilization and consistent engagement with the electorate. He also encouraged his supporters to maintain peace and adhere to the law as the political climate heats up. Finally, he called on the people of Kano to critically evaluate the performance of their political leaders to ensure they are prepared to make informed choices at the ballot box.

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“Relief At Last!” – Dangote Refinery Slashes Petrol Price To ₦1,250 Per Litre.

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The Dangote Petroleum Refinery has adjusted its gantry price for Premium Motor Spirit (petrol), lowering it from ₦1,275 to ₦1,250 per litre, marking a two per cent reduction. This price shift is attributed to a decline in international crude oil prices, which serve as the refinery’s primary feedstock.                                                                                                                                                                                                                                                                                                                                                    An official from the refinery noted that such adjustments are expected in a deregulated market and emphasized that the company will continue to calibrate prices based on evolving market conditions. Despite this move, current retail prices at many filling stations across Nigeria remain above ₦1,350 per litre, with costs varying by location and marketer.Beyond pricing, the refinery has been credited as a key driver of Nigeria’s improving economic outlook. S&P Global Ratings recently upgraded the country’s long-term foreign- and local-currency sovereign credit ratings from “B-” to “B,” citing factors such as stronger economic growth, increased oil production, and improved external balances. S&P specifically highlighted the operational ramp-up of the Dangote refinery’s 650,000-barrel-per-day facility as a significant contributor to the nation’s enhanced balance-of-payments position and overall economic resilience.....KINDLY READ THE FULL STORY HERE▶

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Political Grudge Match: Ganduje Mocks Kwankwaso, Declares Him His Former “Political Boy”!.

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A political war of words has erupted between former APC National Chairman Abdullahi Umar Ganduje and former presidential candidate Rabiu Musa Kwankwaso. The friction began when Kwankwaso, speaking at his Kano residence, insisted that prominent politicians—including Ganduje—owe their political rise to his mentorship and cannot deny their past loyalty to him. Ganduje, currently performing the Hajj pilgrimage in Saudi Arabia, responded through his chief of staff, Muhammad Garba, by asserting that Kwankwaso was actually his own protégé. Ganduje highlighted his role in Kwankwaso’s early career, including his support during Kwankwaso’s rise to the House of Representatives and his decision to step down as a gubernatorial candidate in 1998 to serve as Kwankwaso’s deputy. Ultimately, Ganduje advocated for moving away from “godfather” labels to focus on effective leadership and peace in Kano.....KINDLY READ THE FULL STORY HERE▶

Option 2: Concise Summary

Following Rabiu Musa Kwankwaso’s claims that top Kano politicians were once his “political boys,” Abdullahi Umar Ganduje has fired back, asserting he was actually the mentor in their relationship. While Kwankwaso insisted that his former allies owe their success to his political structure, Ganduje countered by citing his own past support for Kwankwaso’s career, including his sacrifice during the 1998 Kano governorship race. Furthermore, Ganduje requested respect for the office of current Governor Abba Kabir Yusuf and urged Kano’s political class to prioritize unity over divisive rhetoric regarding past hierarchies.

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