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Democracy Day: June 12 Date Chosen Not Just Because of Sacrifices – Buhari

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President Muhammadu Buhari said his decision to change the nation’s Democracy Day from May 29 to June 12 was not about the sacrifices of those who fought to enthrone democracy alone.

Buhari stated this early Saturday in his nationwide broadcast to Nigerians to mark the 2021 Democracy Day.

He said apart from honouring the sacrifices of Nigerians who fought for the return to democracy, the change in date was also to demonstrate the regime’s commitment to satisfy the aspirations of the people and creating an environment for democracy to be an accepted way of life.

He said he remained committed to providing an enabling environment for a free, fair and credible electoral system.

He however said Nigerians too must be ready to play their part by getting involved at any level they can by supporting a democratic system that works for all and not for a section or a select few and demand accountability from their elected leaders.

He added, “My commitment to bequeathing a sustainable democratic culture remains resolute, my pursuit of a fair society remains unshaken and my desire to see that Nigeria remains a country for each and every one of us has never been stronger.

“In responding to the challenges that this period imposes on us, government also recognises the need to acknowledge notions of marginalisation and agitations for constitutional amendments among various segments of our population.

“While this government is not averse to constitutional reform as part of our nation building process, everyone must understand that the primary responsibility for constitutional amendments lies with the National Assembly.

“This body which, as I said, is the arm of government responsible for constitutional changes has concluded the preliminary stages of amending and improving our constitution in a way that the majority of Nigerians will be happy with.

“Government is, however, willing to play a critical role in the constitutional amendment process without usurping the powers of the National Assembly in this regard.

“As a nation, we have come very far from where we started and we are getting incrementally closer to where we ought to be.

“Overcoming the present challenges is but one of a necessary process that we have to undergo as a nation so that we can come out stronger.  The day I joined the Nigerian Army I was prepared to lay down my life for Nigeria.

“As your President, I remain ever committed to upholding and defending Nigeria’s corporate existence.

“In adhering to the Fundamental Objectives and Directive Principles of State Policy notably section 14(2)(b) I shall do all within my power to ensure that the Security and welfare of the people remain the primary purpose of government.”

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Tinubu Presents N27.5tr 2024 budget to NASS, Seeks Speedy Passage

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President Bola Tinubu, on Wednesday, presented the Appropriation Bill of the Federal government for the year 2024 tagged ‘Budget of Renewed Hope’ to a joint session of the National Assembly.

This is the president’s first budget presentation to the National Assembly since assuming office on May 29.

The President arrived at the National Assembly for the presentation of the 2024 budget at about 11:09 am accompanied some ministers and aides. and senior officials.

He was led into the chamber of the House of Representatives for the presentation of the N27.5trillion Appropriation Bill to a joint session of the National Assembly which began after the rendition of the National Anthem and opening prayers.

The Federal Executive Council (FEC)on Monday approved N27.5 trillion as the 2024 budget estimate.

It will be recalled that Tinubu had about three weeks ago forwarded the 2024-2026 Medium Term Expenditure Framework ( MTEF) and Fiscal Strategy Paper ( FSP), proposing an expenditure of N26.1 for the 2024 fiscal year.

After two weeks of deliberations and interface with heads of Ministries, Departments and Agencies on the revenue and expenditure projections, the Senate through its Committee on Finance approved the MTEF.

It specifically approved the N26.1 trillion proposed as 2024 budget and other parameters proposed by Tinubu.

It also approved new borrowings of N7.8 trillion, while pegging the oil price benchmark for 2024 at $73.96 and oil production at 1.78 million barrels per day.

Other parameters approved are GDP growth rate of 3.76 per cent, the inflation rate of 21.40 per cent, a suggested benchmark exchange rate of N700 to $1 and a projected budget deficit of N9.04 trillion.

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Emefiele Yet to Meet Bail Conditions, May Stay in Prison Till 2024

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A Federal Capital Territory High Court, Abuja, has adjourned an alleged procurement fraud case involving a former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

The court adjourned the trial of the former apex bank chief to January 18 and 19, 2024 for continuation of trial.

Emefiele is standing trial on a six count amended charge on alleged procurement of vehicles to the tune of N1.6billion.

He had pleaded not guilty to the charges.

He was granted bail on November 17, 2023 to the tune of N300million and two sureties, but remanded at the Kuje Correctional Centre, pending when he meets his bail conditions.

At the resumed hearing, the prosecution witness, who is a top official of the Corporate Affairs Commission (CAC) told the court that the Emefiele is not the owner or a shareholder of the April1616 Investment Limited awarded N1.2 billion vehicle supply contract by CBN under his watch.

He was led in evidence by counsel for the Economic and Financial Crimes Commission (EFCC), Mr. Rotimi Oyedepo , while tendering several documents on how the company was incorporated on August 1, 2016.

He further read out the names of the shareholders of the company as Aminu Yaro, Maryam Abdullahi and Saadatu Yaro as joint owners of the entity.

Emefiele’s lawyer, Mathew Burkaa, who declined to speak on camera, said Emefiele is yet to meet his bail conditions.

Counsel for the Economic and Financial Crimes Commission (EFCC) and the Federal government declined to speak on the day’s proceedings.

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One Year in Office: Adeleke Gives Scorecard, Pledges Continuous Democracy Dividends

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By Eric Elezuo

The Governor of Osun State, Ademola Adeleke, has felicitated with the people of Osun State as his administration marks one in office.

In the statement he personally signed, the governor informed that the last one year has been characterized by reconstruction and reconfiguration of various of the state’s economy, adding that the administration has been able to navigate through “numerous land mines deliberately set by the past administration to frustrate our administration” to provide appropriate leadership and benefits for the people of Osun state.

Adeleke further intimated that he is on a working visit to Europe and Asia, where he hope to attract investment opportunities foe the state.

The governor highlighted stability of the civil service, improved intercity road networks, surgical and medical outreaches as well as the #Imole100BInfrastructure as some of the laudable achievements of his administration in the last one year.

Below is the detailed statement:

It is one year ago today since our administration came into office. It has been a year of reconstruction and reconfiguration across the various sectors of the osun economy.

Due to the current economic situation in the state and our country in general, I have directed that this anniversary be conducted in a low key atmosphere. I remain committed to prudent use of our scarce resources on more pressing issues.

I am currently on a working vacation to Europe and Asia where I am advancing partnership discussion with potential investors needed to improve our state economy.

It is important to recognize the enormous challenges and obstacles we have overcome and the progress we have made thus far. Despite the numerous land mines deliberately set by the past administration to frustrate our administration, we have developed a robust mechanism to successfully navigate and overcome these challenges.

We have stabilized the state civil service with continuous commitment to the welfare of the state civil servants and pensioners, this we will continue to focus on in fulfillment of a critical part of our 5 point agenda.

We have massively improved intracity road network across the state by constructing over 90KM of roads, completion of the Phase II of Òṣogbo-Ikirun road and ongoing construction of Osun ring road (Ona Baba Ona) both abandoned by the past administration.

We have embarked on surgical and medical outreach that benefited over 50,000 vulnerable citizens. Also, we have completely rehabilitated over 31 schools across the state.

Recently, I launched the #Imole100BInfrastructure that focuses on education, health, road construction and water. These are critical sectors that we have identified to urgently revamp for the sustainability and development of the state economy.

I am happy to share that as we move forward, the positive results of our collaborative efforts for the past one year are expected to bear fruit. With projected increase in our internally generated revenue and prudent application of public funds, our infrastructure plan will be fully funded without seeking external loan.

Today, I re-affirm my commitment to serving with the fear of God and focused on delivering on my 5 point agenda as promised during the campaign season.

I thank you for your continuous support and prayer as you continue to support our efforts to develop our dear state.

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