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Are Nigerians Happy with Tinubu’s Reforms?

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By Eric Elezuo
Amid excruciating hardship faced by Nigerians since the advent of the President Bola Tinubu-administration, the government has continued to issue policy reforms that seem to continue to impoverish the populace. But feelers from the Presidency has remarked that the harshness of the policies notwithstanding, Nigerians are heading towards Eldorado, and have every cause to be happy.
This therefore, posits the question whether Nigerians are happy with the economic policies of the Tinubu administration.
Making a case for the policies, which have seen to high inflation rates, inability of the naira to compete in the capital market and dearth of excess liquidity for rainy day mandates, Tinubu and many of his lieutenants, on many and separate occasions, have stoutly defended the policies, giving the economy a clean bill of health and suggesting that Nigerians are happy considering what they claim lies ahead as dividend.
Earlier in the month, at the All Nigeria Editors Conference (ANEC) of the Nigeria Guild of Editors (NGE) with the theme: “Economic growth and development strategies in resource-rich country” held in Yenagoa, Bayelsa State, Tinubu, represented by his Minister of Information and National Orientation, Alhaji Mohammed Idris, vigorously defended the economic policies of his administration declaring that it is yielding the desired fruits.

Before about 300 editors, Tinubu said his administration took a bold step to end the ruinous fuel subsidy regime that deprives Nigeria from investing in critical physical and social infrastructure and the foreign exchange regime that was prone to unimaginable levels of arbitrage and abuse.

“While oil remains a significant source of revenue for Nigeria, we are investing heavily in other sectors to diversify our economy for sustainable growth.

“The launch of the Presidential Initiative on CNG is a deliberate strategy to harness our abundant gas resources.

“This is to bring down the high cost of transportation by about 60 per cent and also foster a clean and healthy environment for our citizens.

“This initiative has unlocked close to $200 million in private sector investments in the last one year,” he said.

He added that “You can also access funds from the Bank of Industry at a single-digit interest rate for the development and expansion of your business.

“Our goal is to ensure that the benefits of growth reach every Nigerian, especially those who have been marginalised.

“The Social Investment Programme has been retooled to ensure economic relief is provided for our most vulnerable groups systematically and transparently. At the last count, 25 million Nigerians received N25,000 under the Conditional Cash Transfer.”

In the same vein, the Minister of Finance, Wale Edun, added that non-implementation of economic reforms by past administrations is the reason Nigerians are in pain, discomfort, and difficulties under Tinubu’s reforms.

Speaking at the launch of ‘Federal Civil Service Policies and Guidelines on Rewards’, Edun stressed that despite the pains and discomforts and difficulties experienced by Nigerians due to the policies, the successes and gains are coming through.

“After 18 months of bold and necessary reforms that Mr. President has implemented, the country has changed, and yes, the reforms were so long overdue that it caused an element of pain, discomfort, difficulty, and increased cost of living. But the successes and the gains are coming through.

“Market-based pricing of foreign exchange was fully in place. The result was immediate benefit to the federal coffers, to the state coffers, and to the local government coffers because an amount of 5 percent of GDP is what goes to subsidies,” he said.

But the defence of the government and its agencies and cronies notwithstanding, situations and reports have proved that Nigerians are far from happy with the policies as hunger and untold hardship continue to be the order of the day.

“It is a fact that the National Bureau of Statistics’ October 2024 headline and food inflation figures rose to 33.88 percent and 39.16 percent, respectively, weakening the purchasing power of many Nigerians,” An economic analyst told The Boss.

Also, the National Association of Nigerian Students (NANS) has joined their voice in calling for a review of the policies, which have become a harbinger of hunger and economic hardship in Nigeria, saying that citizens are dying.
The group made the call via a statement signed by the Clerk of the Senate, NANS headquarters, Abdulyekinn Odunayo.
According to Odunayo, Nigerians have been subjected to unwarranted impoverishment and hunger since President Tinubu assumed office, urging him to espouse a policy capable of revamping the economy of Nigeria.
He noted that fuel subsidy removal and floating of the country’s currency done simultaneously by the Tinubu-led government have further sunk Nigeria into the economic abyss, heightened hunger and raised the cost of living of millions of Nigerians.
Odunyo pointed out that many Nigerians had hoped that the economic mess created by the administration of former President Muhammadu Buhari would be cleared by the incumbent administration, but the country had only witnessed skyrocketing increase in prices of food and other essential commodities.
He observed further that students in the country had not been spared of the present precarious economic situation as many could no longer continue their education pursuit.
“There is an urgent need by the administration of President Bola Ahmed Tinubu to put measures in place to arrest hunger, poverty, impoverishment going on in the country. Nigerians are seriously groaning under the heavy burden of the present parlous economic situation. The nation has not had it this bad.
“The dual swords of Damocles of fuel subsidy removal and float of naira have stabbed Nigerians at their hearts. Many families can no longer feed even once in a day, let alone three times a day. Free falls of our currency against the dollars and other international currencies have capped the sufferings of Nigerians.
“As representatives of the Nigerian students, we are making a passionate call on the president to tailor and rev up his economic policies to provide short term, medium term and long term reliefs for Nigerians. Things need to improve as many Nigerians are finding it difficult to survive,” the statement read.
Also condemning the policies and expressing how unhappy and frustrated Nigerians have become, the leadership of the People’s Redemption Party (PRP), speaking through its National Chairman, Falalu Bello, in a statement in Abuja titled ‘President Tinubu, Your Policies Killing Nigerians’, made a passionate appeal to the president to reconsider.
He condemned the Federal Government’s assertion tgat there are no alternatives to the ‘harmful’ policies, arguing that it was a contradiction to the basic tenets of economics, which advocate for the exploration of alternatives in addressing socio-economic challenges.
He said, “Such statements, especially coming from someone of his status (Vice President Shettima) in the current administration, are not only misleading but also indicative of a severe disconnect from the realities faced by ordinary Nigerians today. The population has been urged to endure these difficult times with the promise of relief on the horizon.

“However, we see no tangible evidence of this assurance in the actions of President Tinubu, his cabinet or the broader government apparatus. Instead, we witness a continuation of profligate lifestyles, excessive spending and the dissemination of dubious economic statistics that do little to alleviate the suffering of the Nigerian populace.”

The PRP Chairman reminded Tinubu that Nigerians are suffering, and are not happy with him as a person and his administration, generally except there is a recalibration to prioritize citizens’ welfare.
“We strongly urge Tinubu to recalibrate his approach, implement a governance framework that prioritizes the welfare of citizens, and embrace homegrown policies that reflect the realities of our people rather than succumbing to externally imposed, anti-people measures that stifle progress.

“It is imperative that we act swiftly. Our nation is at a critical juncture, with time running out for meaningful intervention. Mr. President, it is time to act decisively for the sake of the nation’s future. Let us rescue our people from the grip of despair so that you may indeed dance before the music comes to an end,” he said.

Perhaps, the most effective evidence of the feelings of Nigerians regarding the Tinubu Policies, is reflected and summarized ìn the statement issued by the leading opposition party, the Peoples Democratic Party (PDP), and signed by the Chairman of the PDP Governors’ Forum and Governor of Bauchi State, Senator Bala Mohammed, after a meeting of stakeholders in Jos, Plateau State.

The Communique, which promises genuine hope for Nigerians, reads “The Forum empathizes with Nigerians who are groaning under the oppressive economic hardship foisted on the nation by the policies and decisions of the APC-led Federal Government.

“The Forum calls on the President to urgently review both macroeconomic and fiscal policies that will address the welfare and well-being of Nigerians.

“The Forum wishes to pledge that all PDP Governors will continue to aggressively pursue policies and programs that will reduce the hardship and ensure progress and development.”

“The Forum notes the concerns of Nigerians, PDP founding fathers, elders and members of our great Party of seeming divisions within the ranks and files. The Forum wishes to state categorically that it remains resolute in its determination to ensure unity and cohesion of this great Party that Nigerians have come to trust as the best platform for democratic governance.

“The Forum is constrained to accept the latest postponement of the National Executive Council (NEC) of the Party in empathy with our colleague, H.E. Governor Eno Bassey, whose late dear wife will be buried on the same day earlier scheduled for NEC. Once again, the Forum wishes to commiserate with our colleague and pray that God will grant him and the family the fortitude to bear this irreparable loss.

“The Forum is strongly advising the NWC to call NEC by the first week of February 2025 to allow for elaborate consultations with critical stakeholders of the Party. The period between November and February is to address the existential problems confronting the Party, with a deliberate timeline of activities within the period under review to address issues of leadership and litigations confronting the Party.

“The Forum notes with concern the rape of democracy in Edo Governorship elections. It is clear to everyone with a conscience that INEC manipulated results in favour of the APC candidate when, in fact, the majority of lawful votes were won by the PDP candidate, Mr. Asue Ighodalo. Meanwhile, we are still examining the documents in the Ondo elections, where the APC manipulated results after openly buying votes. The Forum calls on the judiciary to save Nigerian democracy and the National Assembly to look into our electoral laws to make it difficult for institutional sabotage of the will of the people.

“The Forum recognises the good work that the majority of members of NASS are doing. NASS is therefore called upon to critically interrogate all bills to ensure fairness, equity, national balance and even development nationally.

“The Forum commiserates with the Government and people of Plateau State on the recent Katako market fire incident, which destroyed properties worth millions of Naira. The Forum also commiserates with the Government and people of Jigawa State on the recent tanker expulsion whereby scores of people lost their lives, and several others were injured.

“The Forum expresses its gratitude to the Government and People of Plateau State for not only hosting the meeting but extending to all the participants the hospitality for which Jos is reputed. In particular, the meeting commends the Government of the State for the visible and laudable transformation in social services, tourism and transportation that have taken place and ensures all Nigerians look forward, with GENUINE HOPE, to the replication of this not only presently but after 2027 when the party would reclaim its rightful position in the Nigerian political scene.”

In Brazil at the G20 Summit, during his interaction with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, President Bola Tinubu has stressed that he is committed to reducing the “hardship” resulting from the implementation of his administration’s ongoing reforms in Nigeria.

“I assured IMF Managing Director Kristalina Georgieva @KGeorgieva during our meeting that our economic reforms are already yielding positive results. Our administration remains committed to reducing the hardship that has resulted from the implementation of these reforms, while also protecting the most vulnerable in Nigeria.

“Social safety nets, education, investments in infrastructure, and inclusive growth are key to our agenda,” Tinubu stated.

He also acknowledged the hardship associated with his policies but promised to reduce its effects on Nigerians.

He outlined that while his government is fast-tracking investments in several sectors, discussions are ongoing regarding stakeholders’ tax awareness and compliance responsibilities.

BACKGROUND

Nigerians relapsed to a worse form of hardship May 29, 2023, when Tinubu while making his inaugural speech declared that “subsidy is gone”. Ever since, the President has unleashed one reform after another that further pushes Nigerians towards the brinks of collapse while being repeatedly urged to be patient with the administration as they drive the nation towards economic growth.

Following the removal of the fuel subsidy, tariff on essential items including electricity, have been hiked, prices of goods and services have skyrocketed, naira has been floated, causing more hardship, but Tinubu stressed that the pain is temporary.

But on the streets of Lagos, Kano, Ibadan, Jos, Maiduguri, Enugu, Kaduna, Minna, Damaturu, Owerri, Port Harcourt, Yenagoa, Aba, Calabar, Osogbo, Akure, Abakiliki, Bauchi and more, the story remains the same; hunger, depravity, hopelessness, gloom and uncertainty.

“Nigerians may not know if there would light at the end of the tunnel, but the truth remains that as at today, 18 months after the the coming of Tinubu and his policies, Nigerians are not happy,” a respondent summarized.

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2027: Nigerians Will Choose Their President, Atiku Berates SGF Akume

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Former Vice President Atiku Abubakar has stated that the power to decide who will occupy the office of President of Nigeria in 2027 ultimately resides in the Nigerian people.

Atiku’s statement was in response to a comment made by the Secretary to the Government of the Federation (SGF), Senator George Akume, who claimed that President Bola Tinubu’s second term in office for 2027 is a done deal.

Akume had argued that for equity and fairness, it is only right for Tinubu – a southerner – to complete a second term, as the North had already had its fair share of leadership.

Atiku’s Special Adviser (Media), Paul Ibe, responded to Akume’s remarks through a post on X (formerly Twitter) on Monday, asking, “Where, then, does true equity and fairness reside?”

Ibe highlighted that by 2027, the South would have enjoyed 17 years of leadership—eight years under Olusegun Obasanjo, five years under Goodluck Jonathan, and four years under Tinubu—while the North would have experienced only 11 years, with Umaru Yar’Adua serving three years and Muhammadu Buhari serving eight years. This, Ibe argued, creates a six-year disparity between the North and South, affecting the balance of power.

He concluded by emphasizing that the power to elect or remove a government lies firmly with the Nigerian people, who will decide whether the current administration deserves another term. “But has the Tinubu government demonstrated that it deserves to be re-elected? The answer, alas, is as clear as the heavens themselves—God forbid!”

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John Dramani Mahama: The New Landlord at Jubilee House

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By Eric Elezuo

The phone call from the opposition, New Patriotic Party (NPP) candidate, and incumbent Vice President, Muhammadu Bawumia, was not just the dose Ghanaians needed to erupt into a frenzy in celebration of the election victory of the National Democratic Congress (NDC) candidate, and former President, John Dramani Mahama, it was also the antidote to neutralize any unforeseen electoral brouhaha that might erupt in the near future.

The admission of defeat by Bawumia sent the people of Ghana into loud shouts of victory; singing and dancing to celebrate the return of a man known for his penchant to deliver good governance. To a great number of Ghanaians, even those who did not vote for him as a result of party affiliation, and other technical reasons, another ‘black jesus’, who will restore the economic efficacy of the country has returned to Jubilee House, formerly known as Flagstaff House, the official home of the President of the Republic of Ghana.

Today, Mahama is no longer former President, he is President-elect, waiting to take up the mantle of leadership for another four years. He is the new landlord of Ghana’s Jubilee House!

The President-Elect, Mr. John Dramani Mahama, is not a stranger when it comes to churning out people oriented programmes and initiatives. During his days as minister, vice president and subsequently, the president, Mahama’s landmark achievements have remained a reference to administrators and would-be administrators. His feats have not escaped the discerning minds and eyes, who have showered him with accolades from home and abroad. In Nigeria, he has been recognized on more then many occasions including his state of of ancestral connection, Kwara, where he bagged the title of Aare Atolase of Offa Kingdom, conferred on him by the Olofa of Offa Kingdom.

Also among the avalanche of recognitions the President-Elect has garnered in Nigeria, is the award of honours on his person by the premier private university in Nigeria, the Igbinedion University, Okada, Edo State.

On November 24, 2018, he was conferred with an honourary doctorate degree for his foresightedness, infrastructural development and general achievements which have affected humanity positively.

Mahama, a politician of great repute, was born on November 29 1958, and has been privileged to serve in various civil and political capacities, culminating in holding the highest office in the land from July 24, 2012 to January 7, 2017.

Mahama started his primary education at the Accra Newtown Experimental School (ANT1) and completed his O’levels education at Achimota School and his A’levels education at Ghana Secondary School (Tamale, Northern region). He proceeded to the University of Ghana, Legon, receiving a Bachelor’s degree in History in 1981 and a Postgraduate Diploma in Communication Studies in 1986. As a student, he was a member of Commonwealth Hall (Legon). He also studied at the Institute of Social Sciences in Moscow in the Soviet Union, specializing in Social Psychology; he obtained a postgraduate degree in 1988.

His catalogue of enviable services include serving as Vice President of Ghana from 2009 to 2012, and took office as President on July 24, 2012 following the death of his predecessor, John Atta Mills. He was also a Member of Parliament from 1997 to 2009 and Minister of Communications from 1998 to 2001. A communication expert, historian, and writer, Mahama is a member of the National Democratic Congress.

Though he was born in Damongo in the Damango-Daboya constituency of Northern region, he is a member of the Gonja ethnic group, and hails from Bole in the Northern region. His father, Emmanuel Adama Mahama, a wealthy rice farmer and teacher, was the first Member of Parliament for the West Gonja constituency and the first Regional Commissioner of the Northern Region during the First Republic under Ghana’s first president, Kwame Nkrumah.

After completing his undergraduate education, Mahama taught History at the secondary school level for a few years. Upon his return to Ghana after studying in Moscow, he worked as the Information, Culture and Research Officer at the Embassy of Japan in Accra between 1991 and 1995.

From there he moved to the anti-poverty non-governmental organisation (NGO) Plan International’s Ghana Country Office, where he worked as International Relations, Sponsorship Communications and Grants Manager between 1995 and 1996.

In 1993, he participated in a professional training course for Overseas Public Relations Staff, organized by the Japanese Ministry of Foreign Affairs in Tokyo. He also participated in a management development course organized by Plan International (RESA) in Nairobi, Kenya.

Mahama’s first triumph in politics came in 1996 when he was elected to the Parliament of Ghana to represent the Bole/Bamboi Constituency for a four-year term. In April 1997, he was appointed Deputy Minister of Communications, and barely a year later, was promoted to the post of Minister of Communications, and served until January 2001. During the period under review, he also served as the Chairman of the National Communications Authority, in which capacity he played a key role in stabilising Ghana’s telecommunications sector after it was deregulated in 1997.

As a minister, he was a founding member of the Ghana AIDS Commission, a member of the implementation committee of the 2000 National Population Census and a deputy chairman of the Publicity Committee for the re-introduction of the Value Added Tax (VAT).

In 2000, Mahama was re-elected for another four-year term as the Member of Parliament for the Bole/Bamboi Constituency. He was again re-elected in 2004 for a third term. From 2001 to 2004, Mahama served as the Minority Parliamentary Spokesman for Communications.

In 2002, he was appointed the Director of Communications for the NDC. That same year, he served as a member of the team of International Observers selected to monitor Zimbabwe’s Parliamentary Elections.

As an MP, he was a member of Standing Orders Committee as well as the Transport, Industry, Energy, Communications, Science and Technology Committee of Parliament.

In his continued efforts to expand his interest and involvement in international affairs, in 2003 Mahama became a member of the Pan-African Parliament, serving as the Chairperson of the West African Caucus until 2011. He was also a member of European and Pan African Parliaments’ Ad-hoc Committee on Cooperation.

In 2005, he was, additionally, appointed the Minority Spokesman for Foreign Affairs. He is also a member of the UNDP Advisory Committee on Conflict Resolution in Ghana.

As Vice-President, he served as the Chairman of the National Economic Management Team, the Armed Forces Council of Ghana, the Decentralisation and Implementation Committee and the Police Council of Ghana in this capacity.

Mahama is full of experience, having served at all levels of poltical office, and he brought them all to bear as President, giving out a sterling performance that could only compare with the very best. He was the first, and remains the only Ghana president to have been born after independence.

On March 30, 2014, he was elected to preside over ECOWAS. On June 26, 2014, he was elected Chairperson of the African Union’s (AU’s) High-Level African Trade Committee (HATC).

On January 21, 2016 on the occasion of the World Economic Forum in Davos, Mahama became co-chair of the Sustainable Development Goals Advocates group which consists of 17 eminent persons assisting the UN Secretary-General in the campaign to achieve the Sustainable Development Goals (SDGs) that world leaders unanimously adopted in September 2015.

In December 2016, he was part of the ECOWAS mediation team to resolve the post-election political impasse in The Gambia between the defeated incumbent, Yahya Jammeh and declared winner, Adam Barrow.

Mahama, now a member of the Assemblies of God, is married to Lordina Mahama, and they are blessed with five children named Shafik, Shahid, Sharaf, Jesse and Farida.

Over the course of his career, Mahama has written for several newspapers and other publications both locally and internationally. Additionally, he is also a devotee of Afrobeat music, especially that of Fela Kuti.

The stadium project

Mahama is not new to awards and honours as his good works have paved a broad way for recognitions. He received an honorary doctorate in the field of Public Administration, from the Ekiti State University of Nigeria, formerly affiliated to the Obafemi Awolowo University in “recognition of his politico-socio economic development of Ghana and Africa at various stages of his political career. Later the same university passed a resolution to name its Faculty of Management Science after him.

He was also honoured by the Cuban government with the Friendship Medal for his relentless advocacy for the Cuban cause.

Also, The General Council of Assemblies of God, Ghana has honoured him with its Daniel Award.

The Graduate School of Governance and Leadership also awarded him the African Servant Leadership Award while the Institute of Public Relations recognized Mahama with a prize for his leadership acumen and technocratic flair.

In 2013, the Forum for Agricultural Research in Africa (FARA) conferred on Mahama the Africa Award for Excellence in Food Security and Poverty Reduction.

In March 2016, University of Aberdeen held a special convocation to confer him an honorary degree of Doctors of Laws (LLD).

In December 2016, he was honoured with a Life time award by Ovation Media Group during its yearly Ovation Carol.

A Bill Gates Fellow, Mahama was awarded the Great Cross of the National Order of Benin, the highest award in Benin, by President Yayi Boni.

In February 2017, Mahama received the 2016 African Political Leader of the Year Award from the African Leadership Magazine in South Africa.

He honourably left office on January 7, 2018 after losing to main opposition candidate, Nana Akufo-Addo, in the general election held a month earlier.

“I will allow history to be the judge of my time,” Mahama said as he address his crowd of supporters as he concede defeat.

He repeated the same lines as he variously defended his administration in a bid to make a comeback during his campaigns.

Mahama has touted the achievements of his government in the areas of power, roads, the economy, water and sanitation. While delivering his final State of the Nation Address to Parliament, he said the government had extended electricity coverage, increased water supply and improved roads.

As president, he deployed emergency plants and sped up the completion of ongoing plants resulting in the addition of more than 800 megawatts (MW) of power over an 18-month period. That, and many more had helped to stabilise the power situation in Ghana.

Working on the standard mantra of achieving “water for all by the year 2025”, Mahama put in extra effort to achieve the target well in advance of the set date by increasing investment in the provision of clean drinking water, citing of boreholes, small town water systems and major urban water treatment. Consequently, by the end of 2015, excess of 76 per cent of both rural and urban residents have access to potable water.

Mahama contended that his tenure of office had seen some of the most massive investments in the road sector in the history of the country.

While he completed road projects he inherited, such as the Achimota-Ofankor, Awoshie-Pokuase, Sofoline and Tetteh Quarshie-Adenta, he also commenced and completed the Kwame Nkrumah Interchange, fast-tracked the construction and opening of the Kasoa overhead bridge, completed the Airport Hills/Burma Camp network of roads, as well as the 37-El Wak-Trade Fair road and a host of others.

His trail of achievements are endless. Mahama is just another name for administrative excellence, and Ghanaians are blessed to have him return to complete his secure tenure as the landlord of Jubilee House.

Mahama will be sworn in to run another four-year course of administration on January 7, 2025, having defeated the incumbent Vice President, Bawumia, in a keenly contested election on December 7, 2024.

Congratulations sir!

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Ghana: Mahama Wins Reelection, Oppositon Candidate Concedes Defeat

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Ghana’s former President John Dramani Mahama has staged a political comeback by winning the West African nation’s presidential election after his rival, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
Addressing a press conference from his residence, Bawumia said he had called Mahama to congratulate him, adding that Mahama’s National Democratic Congress (NDC) also won the parliamentary election.
“Let me say that the data from our own internal collation of the election results indicate that former President John Dramani Mahama has won the Presidential election decisively,” Bawumia said.
“The NDC has also won the parliamentary election. Even though we await final collation of a number of seats, I believe ultimately these will not change the outcome.”
Bawumia said he conceded before the official results to ease tensions.
Before his concession, scuffles had been reported in several local constituency centres where results were still arriving from polling stations.
“I am making this concession speech before the official announcement by the Electoral Commission to avoid further tension and preserve the peace of our country,” Bawumia said.
“It is important that the world investor community continues to believe in the peaceful and democratic character of Ghana,” he added. “The people have voted for change at this time, and we respect that decision with all humility.”
Source: Reuters.com
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