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Peter Obi on CNN, Speaks on Solving Nigeria’s Economic, Security Challenges

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By Eric Elezuo

The candidate of the Labour Party, Mr. Peter Obi, was on Friday hosted by CNN’s Zain Asher, during a programme, Zain Exchange, where he spoke on his desire to tackle headlong the economic and security challenges of Nigeria if elected the president in 2023.

Zane Asher: Mr. Obi thank you so much for being with us. You’re certainly the most popular presidential candidate among young people in Nigeria, there’s so much momentum behind you. But here’s the problem. Nigerians are used to being disappointed by their leaders, and what do you think about some of the problems that are facing the country right now, they are systemic. I’m talking about the corruption, I’m talking about oil theft, I’m talking about insecurity, I’m talking about the fiscal hole that Nigeria is in right now. Can all of that really be solved by one person?

Peter Obi: Well, if you have a leader that is competent, has the capacity and commitment to start dealing with these challenges, you’re not going to solve it overnight, but there will be a clear, visible, measurable attempt to deal with these. And there is nothing that is not solve-able. Some issues just have to be dealt with decisively. But you need to have a capable leader such that when you look at his past records in office, you can say YES – He is capable.

Zane Asher: If you do, indeed, become Nigeria’s next president, Nigeria you know, is broke. It’s barely able to service its debts. It spends so much more that it earns. What are your plans? From a concrete perspective, what are your plans to take Nigeria’s economy off of life support?

Peter Obi: Well, a variety of things. One, is that we have to deal decisively with the issue of insecurity. It’s impacting negatively on our economy. We have to deal with it head on. We have to get our finances right — and start ensuring that the vast lands of the north are invested in and cultivated. We have to start pulling people out of poverty as quickly as possible. We have to immediately reduce aggressively, the cost of governance, and the issue of corruption.

Zane Asher: Anyone who knows anything about Nigeria knows that it has this embarrassing reputation of importing refined fuel, despite the fact that it’s Africa’s largest oil producer. What is your plan for transforming Nigeria’s economy from a consumption economy to a production economy?

Peter Obi: Let me tell you it’s not the issue of refineries not working — there’s no reason why we should not encourage the private sector to operate refineries. It can be done as quickly as possible. We can today, decide to remove the oil subsidies, and use the resources to invest in and support the principal areas of production; from critical infrastructure to education, to supporting investment in refinery, which will be, done in the shortest amount of time.

Zane Asher: A lot of Nigerian presidents have come in and talked about revitalizing the manufacturing sector, investing in refineries, but change, as you know, has been very, very slow. Why is it going to be different with you and what would you say were the biggest hurdles in making sure that all of the things that you just listed come to pass?

Peter Obi: Well, what people need to do is to look at what I promised as the state governor. When I said was going to turn around education, health, pull people out of poverty, bring sanity and civility in governance — did that happen or not?
When I said we were going to save money, did we do that? Yes, we did.

Zane Asher: I want to talk about one of the major issues that Nigeria is dealing with, grappling with right now. That’s violence and insecurity. You can barely travel from one part of Nigeria to another without fearing for your life. I’m talking about kidnapping. I’m talking about banditry. I’m talking about terrorism, I’m talking about Boko Haram. What is your plan for that?

Peter Obi: Initially, what we first have to deal with is the issue of security. Unless you have security, the farmers can’t — you can’t have investment. Nobody will ever want to put or invest money in an insecure country. So we will deal this issue of insecurity decisively. We will start by reorganizing our security architecture. We will then bring in more hands into the security system, and motivate them properly, so that we can defeat the issue of insecurity . It’s the most important thing that Nigeria needs today.

Zane Asher: You and I are both Nigerians, were are both from southeastern Nigeria. It’s a very hard country to hold together. You have too manage about 200 million people, with so many different tribes, so many different ideas. When you think about the fact that you are from the southeast, how easy is it going to be to rally Nigerians from the north behind you? That’s got to be on your mind?

Peter Obi: That was the situation obtainable in the past. We used to elect leaders based on ethnicity, religion, strong connection etc, and that has brought us to the bad situation we are in today. “Our structure”, the structure of criminality, is what we want to dismantle now. We want to ensure that the next election is based on character, capacity, competence, commitment to do the right thing. Nigeria not just in a fiscal mess, it is at the last stage to collapse. The people in the north don’t have a secure place, they don’t have good roads. They don’t buy bread cheaper than those in the South. They people in the south are facing the same issues. All what you hear about ethnicity, religion, connection, is an elite conspiracy to keep Nigeria undeveloped. But now we’ve reached the edge.

Zane Asher: Thank you for coming on our program.

Peter Obi: Thank you for inviting me.

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Atiku Slams APC over Inflammatory Remarks Against Peter Obi

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For Vice President Atiku Abubakar has criticized the All Progressives Congress (APC) and its Publicity Secretary, Felix Morka, over what he described as inflammatory remarks directed at Peter Obi, the Labour Party’s presidential candidate in the 2023 election.

Atiku described Morka’s comments as a “disturbing emblem” of the current administration’s strategy to stifle opposition voices.

He also expressed concern over the prolonged detention of Mahdi Shehu, a prominent government critic, and others, suggesting these actions indicate a shift toward authoritarian governance.

“The choice of words used by the APC spokesperson, particularly the ominous suggestion that Obi has ‘crossed the line,’ reveals an alarming disdain for democratic principles,” Atiku said.

“Such language, rooted in hostility, has no place in a free society where civil discourse and engagement should reign supreme.”

Atiku emphasized the vital role of opposition leaders in fostering accountability and improving governance, arguing that a true democracy thrives on a healthy exchange of ideas.

He expressed alarm over Morka’s statement that Obi should “be ready for whatever comes his way,” calling on the APC to clarify this “chilling threat.”

The former Vice President also condemned the APC spokesperson’s framing of Obi’s calls for constructive engagement, likening them to a lawless “Wild West” scenario.

Atiku described this language as crude and unbecoming of a ruling party, urging the APC to issue a formal apology to Obi and the Nigerian public.

In addition to the remarks against Obi, Atiku highlighted the case of Mahdi Shehu, who remains in detention without clear justification.

He argued that the Tinubu administration’s actions are eroding fundamental freedoms and setting a dangerous precedent.

“If there is anyone who has truly ‘crossed the line,’ it is the Tinubu administration, whose continuous vilification of opposition figures as mere irritants to be crushed is a dangerous precedent,” Atiku said.

The PDP candidate called on Nigerians and the international community to demand an end to what he described as “the stifling of dissenting voices”, warning that the survival of Nigeria’s democracy depends on the protection of free speech and opposition rights.

Atiku concluded by urging President Tinubu’s administration to recalibrate its approach to dissent, emphasizing the need for dialogue, engagement, and respect for democratic principles.

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Mahama Takes Oath of Office As Ghana‘s President, Promises Economic Renewal

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We need a reset of faith — in our country, in our institutions, and in ourselves. You are Ghana, I am Ghana – President John Mahama 

John Mahama was inaugurated on Tuesday as president of Ghana after defeating vice president Mahamudu Bawumia in the December elections, vowing to reset the nation’s economy.

Thousands of jubilant citizens dressed in the red, white, green, and black colours of the National Democratic Congress (NDC) thronged Ghana‘s capital Accra to welcome President John Mahama. They waved flags, blew vuvuzelas, and danced to traditional drumbeats.

The colourful ceremony, attended by several African leaders, including Nigerian President Bola Tinubu and Kenyan President William Ruto, was a celebration of democracy and hope for a nation battered by years of economic hardship.

In his inaugural address at the iconic Black Star Square in Accra, Mahama struck an optimistic tone, declaring the day a turning point for Ghana, as it marked the start of his unprecedented second term in office.

“We have endured severe economic hardships, moving from one crisis to another in recent years. But there is hope on the horizon,” he said. “Today marks the beginning of a new opportunity – an opportunity to redefine our governance and economic strategies. Together, we shall reset our beloved nation, Ghana.”

Mahama attributed his 7 December electoral victory, where he decisively defeated Vice President Mahamudu Bawumia, to the youth’s demand for change. He pledged to prioritise inclusivity, accountability, and innovation while focusing on critical areas such as economic restoration, governance reforms, and the fight against corruption.

“Your courage to bring change will not go in vain,” Mahama said. “We will focus our initial efforts on four critical areas: economic restoration and stabilisation of the macroeconomic environment; improvement of the business and investment environment; governance and constitutional reforms; and accountability and the fight against corruption.”

Mahama’s vision includes transforming Ghana into a 24-hour economy, leveraging agriculture and agribusiness to stimulate local industries and create jobs.

“This is a patriotic call to action for all of us to participate in building a nation that lives up to its promise, where hope thrives, and dreams become a reality,” he said.

Economic promises

As the crowd at Black Star Square erupted in cheers, Ghanaians looked forward to a new chapter under Mahama’s leadership. His promises of economic restoration and governance reforms have set high expectations, with the coming months expected to test his ability to deliver on his ambitious agenda.

“I am here because I believe President Mahama will bring real change,” says Priscilla Oforiwaa, 32, a trader from Kumasi who attended the inauguration. “We have suffered for too long, and now is the time for a leader who truly understands our struggles.”

For his part, Andrews Brown, a 25-year-old university graduate who has been unemployed for two years, tells The Africa Report he feels positive about this new era.

“The 24-hour economy he promised gives me hope. We need jobs, innovation, and a leader who listens to the youth. I believe President Mahama can deliver.”

Source: The Africa Report 

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Height of Disrespect: Obasanjo Berates NNPCL over Invitation to Tour PH Refinery

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Former President Olusegun Obasanjo has slammed the Nigerian National Petroleum Corporation Limited (NNPCL) over the recent invitation extended to him, to tour both Port Harcourt and Warri refineries.

Obasanjo reacted to the invitation via a statement issued by his media aide, Kehinde Akinyemi, in which he described the invitation as disrespectful to his office and person.

He argued that the oil company had not sent any formal invitation to him as of Thursday, January 2, 2024.

The NNPCL invitation was sequel to the former president’s doubt on the repairs of the refineries. Obasanjo had in a recent interview on Channels television revealed that although the NNPCL was aware of its inability to effectively manage the national refineries, it rejected a $750 million offer from Aliko Dangote to manage the Port Harcourt, Warri and Kaduna refineries in 2007, during his administration.

He questioned why NNPC is now working with Dangote, saying,: “Not only will he make it (his refinery) work, he (Dangote) will make it deliver. And whether we announce our own government refineries working or not working, it is like a man who plants 100 heaps of yam and says he planted 200 heaps. After he harvests 100 heaps of yam, he will also harvest 100 heaps of lies.”

Responding to the former president, the corporate communications officer of NNPCL, Olufemi Soneye, said the company recently achieved the complete rehabilitation of the Port Harcourt Refining Company (PhRC) and Warri Refinery, stressing that the exercise was not the typical Turnaround Maintenance (TAM) of the past but a comprehensive overhaul designed to meet world-class standards.

Soneye went ahead to extend an invitation to Obasanjo to have a tour of the refineries.

In return, Obasanjo’s media aide said: “Is that the right way to invite a former president of the country? Who says Baba has even seen the statement or read the news? It is a total disrespect for the office of the former president.

“Ask the NNPCL that as of January 2, have they written to him? Is there any official letter addressed to him, inviting him to the refinery? It is an absolute insult, and the former president cannot dignify such with a response.”

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