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Tinubu’s Economic Team’s Flawed, Say Experts

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Some economic experts have picked holes in the composition of the economic team set up by President Bola Tinubu, describing it as flawed.

Tinubu, on Wednesday, approved the establishment of the Presidential Economic Coordination Council (PECC) and the Economic Management Team Emergency Taskforce (EET) to tackle the prevailing economic challenges in the country.

The PECC is made up of President Bola Tinubu as Chairman and Vice President Kashim Shettima as Vice Chairman.

Other members are, President of the Nigerian Senate, Chairman, Nigeria Governors’ Forum, Coordinating Minister for the Economy and Minister of Finance, Governor of the Central Bank of Nigeria and other relevant Ministers.

The council will also have some members of the organized private sector, joining for a period not exceeding one (1) year, subject to the President’s directive

They are Alhaji Aliko Dangote, Mr. Tony Elumelu, Alhaji Abdulsamad Rabiu, Ms. Amina Maina, Mr. Begun Ajayi-Kadir among others.

But economic experts who spoke with Daily Trust on Thursday said the composition was flawed, saying it was composed of stakeholders with vested interests.

A Professor of Economics and the Director, Centre for Economic Policy Analysis and Research, at the University of Lagos, Ndubisi Nwokoma, argued that a professional body such as the Nigeria Economic Society would have made a greater impact in the committee.

He said: “The composition of that team is somewhat flawed because these are stakeholders who all have interest in the economy. If you bring in people who have interest, they would protect their own interest; they would protect their own businesses.

“They would be thinking of policies that actually would favour them, nobody would go into a discussion that would work against him.

“I think bringing professional bodies like the Nigerian Economic Society, these are purely intellectuals, people that don’t have any stake who are not business men, who are just looking at the contextual issues and looking at the direction of government and find out where the government ought to take the economy to and what should be done to get there.”

He expressed concern that the country’s economy has been consumption based, saying: “In terms of where the economy should go, I think fundamentally we have gotten it wrong as a country, I think we need to look at the fundamental issues in terms of the structure of the economy.”

Also speaking, Professor Adeola Adenikinju of the Department of Economics, University of Ibadan and Vice President of the Nigerian Economic Society (NES) while hailing the composition of the committee as timely, however raised issues with its composition.

According to him, the committee is composed of largely government assisted people, who are going to benefit from the expected policies they are coming up with.

“Every government needs to have a body of experts to advise them on the efficacy of policies put in place and what are the new policies to ensure the economy works better.

“In terms of the composition, the intellectuals, the experts who are working in this area are not there. What you see are largely government assisted people who are interested in one contract or the other. So they are not going to be neutral in terms of the advice they are going to give. There is a likelihood that they would want to protect their interest. You don’t have lecturers; you don’t have the Nigerian Economic Society, who are on the intellectual side of the society,” he submitted.

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Ex-CJN Tanko Mohammed is Dead

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A former Chief Justice of Nigeria (CJN), Justice Ibrahim Tanko Muhammad (retd.), is dead. He was aged 71

The former CJN reportedly died at a hospital in Saudi Arabia, about two weeks before his 72nd birthday on December 31.

Muhammad’s death was confirmed in a condolence statement on Tuesday in Abuja by the Nigerian Association of Muslim Law Students (NAMLAS).

In the statement titled “NAMLAS Condolence Message on the Passing of Hon. Justice Ibrahim Tanko Muhammad, GCON, Former Chief Justice of Nigeria,” the association described his passing as a significant loss for the country.

“Indeed, to Allah we belong, and to Him we shall return.

“The Nigeria Association of Muslim Law Students (NAMLAS), National Headquarters, Abuja, receives with profound sorrow the news of the passing of Honourable Justice Ibrahim Tanko Muhammad, GCON, former Chief Justice of Nigeria. His demise is a monumental loss to the Nigerian judiciary, the legal profession, the Muslim Ummah, and the nation at large,” NAMLAS said.

The association hailed Justice Muhammad as “a towering figure of integrity, humility, and unwavering commitment to justice.”

According to NAMLAS, throughout his judicial career, Muhammad “exemplified the highest ideals of the Bench—fairness, courage, and fidelity to the rule of law.”

“As Chief Justice of Nigeria, he discharged his responsibilities with wisdom and restraint, leaving behind a legacy of service that will continue to guide generations of legal practitioners,” the statement added.

Beyond his role on the Bench, the association noted the late jurist’s mentorship of young Muslim law students across the country.

“To NAMLAS, the late Chief Justice was more than a jurist; he was a fatherly pillar and a source of encouragement to Muslim law students across the country,” it said.

The association also highlighted that the deceased’s “support, moral guidance, and openness to the aspirations of young Muslim legal minds reflected his deep belief in mentorship, continuity, and the nurturing of future custodians of justice.”

It extended condolences to his family, the Nigerian judiciary, and the nation.

“We extend our heartfelt condolences to his family, the Nigerian Judiciary, the Government and people of Nigeria, and the entire Muslim Ummah”.

The association offered prayers for the repose of his soul, asking that Allah forgive his shortcomings, accept his good deeds, and grant him “the highest abode in Jannatul Firdaus.”

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Gowon is Not Dead, in Good Health, Aide Debunks Death Rumour

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Adeyeye Ajayi, Personal Assistant to former military Head of State, General Yakubu Gowon (rtd), has dismissed recent rumours on social media purporting the death of the ex-leader.

Ajayi described the rumour as false and misleading.

In a statement released on Sunday, Ajayi called on the public to disregard the reports, emphasizing that they are baseless and misleading. He stressed that the rumours only serve to create unnecessary panic and confusion among Nigerians.

He assured that General Gowon is in good health and continues to live an active life. He highlighted that the former Head of State has been attending public functions and engaging with various social and national initiatives.

Ajayi further described General Gowon as a continued voice of reason in Nigeria, noting his ongoing contributions to national dialogue and development.

He urged Nigerians to focus on credible news sources, and exercise caution before sharing unverified information online.

Social media platforms in recent days have seen multiple posts claiming that the 90-year-old ex-leader had passed away. Analysts and observers have warned that such false reports can cause unnecessary anxiety and undermine public trust in information.

Ajayi concluded by urging the public to celebrate the legacy and life of General Gowon while dismissing any unverified reports about his health. He reiterated that the former head of state remains active, healthy, and committed to supporting initiatives for Nigeria’s growth and progress.

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Accord Party Reaffirms Adeleke As Osun Guber Candidate

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The Chairman of Accord Party in Osun State, Pastor Babalola Akande, says the only legally recognised candidate of the party for the 2026 governorship election in the is Governor Ademola Adeleke.

Akande made the clarification against the backdrop of primaries conducted on Sunday by another faction of the Accord Party in Osogbo.

He described the primaries conducted by the factional Accord Party as an unlawful political charade, orchestrated by the opposition.

“Let it be stated clearly, categorically, and without equivocation that all the actors being named in the fictitious primary, are not members of our party.

“Some of them were expelled from the party since 2018 for alleged fraud and other acts inimical to the unity, discipline, and progress of the party.

“Such a character or any other in his shoes, therefore, possess no authority whatsoever; moral, political, or legal, to convene, announce, or participate in any activity conducted in the name of the Accord Party,” he said.

He said the party is not disturbed by crude impersonation and political mischief, stating that the public should, however, know the impersonators are affiliates of the opposition, acting as proxies to undermine the popularity of Adeleke.

“Let me state with absolute finality that Adeleke is the duly nominated and lawful governorship candidate of the Accord in Osun.

“This position is incontestable, irreversible, and firmly grounded in law, haven emerged through due process in accordance with the Constitution of the Accord, the Electoral Act 2022, and established judicial precedents.

“For the avoidance of doubt, the Accord hereby issues a formal and stern warning to all concerned.

“Under the Electoral Act 2022, only recognised political parties acting through their duly constituted organs can lawfully conduct congresses or primary elections, after giving proper notice to the Independent National Electoral Commission (INEC).

“Any primary conducted outside this framework is illegal, null, void, and of no legal consequence whatsoever,” he said.

He said any individual parading himself as a candidate of the Accord without lawful nomination would be committing a clear act of impersonation and electoral fraud, which is actionable both under the Electoral Act 2022 and relevant provisions of the Criminal Code and Penal laws of the Federal Republic of Nigeria.

He said that Adeleke remained the sole and legally recognised governorship candidate of the Accord in Osun, noting that “no parallel structure, impersonator, and contrived spectacle can alter legal reality”.

He urged residents to ignore the distractions, which he said, were the handiwork of politically displaced actors.

A factional Accord Party in Osun, on Sunday, announced Mr. Clement Bamigbola as its 2026 governorship candidate.

NAN

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