Insecurity: Senate okays ranching, demands review of security arrangement – Newstrends
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Insecurity: Senate okays ranching, demands review of security arrangement

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The Senate has called for an end to open grazing of cows, which has repeatedly led to conflicts between farmers and herders.

They have therefore asked all the state governors to implement the 2018 Federal Government’s National Livestock Transformation Plan (NLTP) to curb the conflicts across the country.

The senators who spoke Wednesday on the security issue through a motion sponsored by Ajayi Boroffice and co-sponsored by 105 others, said leaders could no longer continue to pretend as if all was well.

They urged President Muhammadu Buhari to direct the National Security Adviser (NSA) and the nominated service chiefs to overhaul the country’s security architecture.

The Senate had scheduled the bill for debate on Tuesday, but stepped it down, following the death of a member of the House of Representatives, Ossy Prestige.

A former governor of Nasarawa State, Abdullahi Adamu, accused Ondo State Government of ordering Nigerians from other parts of the country to vacate the state

“We’re mixing up issues. I find it hard to believe that in the 21st century, a governor will ask people who are not from the state to leave. We need to find out these allegations of killings or otherwise,” he claimed.

His claims were rebuffed by the Minority Leader of the Senate, Enyinnaya Abaribe.

He said those who were ordered to leave Ondo State were criminals and not citizens doing legitimate business.

Abaribe, who warned against misleading information, said practical solutions must be worked out and the criminals flushed out wherever they were hiding in any part of the country.

Abaribe said, “But we need to clear certain things. I want to address the issue of whether people were sent away. Nigerians were not sent away. Criminals were sent away. We shouldn’t send out the wrong message. The IGP has said that these criminals aren’t from Nigeria. If we want to find solutions, let’s do that. Those criminal elements from anywhere they’re coming from must be flushed out.”

Senate Committee Chairman on Army, Ali Ndume, urged the Senate to set up an ad hoc committee and involve experts during the public hearing to bring a lasting solution.

He said, “We should take responsibility as leaders. We are in government. We are part of the government. These people are criminals. They don’t settle in one place. We can set up an ad-hoc committee to look at all the issues raised.”

Former minority leader, Biodun Olujimi, wondered why a national emergency was declared at the peak of COVID-19 but the government had not deemed it fit to declare a national security emergency.

He said, “We are all in denial. Otherwise, we would have declared it a national emergency. Right now, Nigerians are endangered species. We have spoken and nothing is being done. We must do something. Posterity will not forgive us if we do nothing.”

A lawmaker from Adamawa State, Binos Yero, said Nigerians of Fulani extraction were being encouraged to roam the country freely unchallenged.

“This must stop,” he said.

Tolu Odebiyi from Ogun State said Nigeria was at the precipice of a civil war.

He said President Muhammadu Buhari could sign an executive order and ban open grazing in the country.

He said, “I visited a border community in my place and herdsmen had destroyed their sources of livelihood. They burnt their houses and we are talking about confirming former service chiefs who couldn’t fix our security challenges. What are we doing?”

Smart Adeyemi from Kogi State said, “Whenever we talk about insecurity, there’s an international conspiracy. If things are getting out of hand, there’s nothing wrong if the president asks for foreign support. There’s need for an international support. We don’t need N500 billion on purchase of drugs for COVID-19. We should spend that on insecurity.”

Suleiman Kyari from Kaduna State said: “This country has sunk to a level where it it seen as a failed country. Service Chiefs must address the morale of their troops. We should coordinate security intelligence. That has been failing.”

Deputy Senate Whip, Abdullahi Sabi said: “Niger State has joined the league of states that are daily attacked by bandits. Two local government councils stand out. There were several attacks and people were killed. We are definitely facing the heat.”

Michael Opeyemi Bamidele from Ekiti State, said: “Section 43 of our Constitution grants every Nigerian the right to live in any part of the country. This is different from land ownership. Even if I have the right to live in any part of Nigeria, I don’t have the right to trespass on the property of others. Governors must be able to take charge of their domains. Criminals must be arrested. Let no one be afraid of being called a tribalist.”

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Your assessment misleading, APC tackles Obi over socio-economic situations

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Peter Obi and Felix Morka

Your assessment misleading, APC tackles Obi over socio-economic situations

One-time Anambra State Governor Peter Obi came under a scathing criticism yesterday from the ruling All Progressives Congress (APC) over his assessment of the security and economic situation of the country.

At a news conference, Obi disagreed with the claims of President Bola Ahmed Tinubu in his New Year Day address which chronicled the feats attained by the APC-led administration.

Obi alleged that the political, economic and security situations in the country have worsened under the incumbent administration.

But the APC, through its National Publicity Secretary, Felix Morka carpeted Obi, describing his assessment as jaundiced, misleading and an attempt to score cheap political points.

In a statement, Morka put a lie to Obi’s claims.

He noted that Obi’s assessment was at variance with all indicators that showed that the nation’s economy is rebounding in significant measure across all sectors.

Dismissing Obi’s claims, Morka said: “While Nigerians celebrated the New Year with hope for a more glorious 2025, Peter Obi, former Governor of Anambra State and former presidential candidate of the Labour Party (LP) in the 2023 general elections, was seemingly stuck in replay of his jangling, gloom-ridden wish-list for our country.

“Obi’s new year message, in which he claimed that the political, economic and security situation of our dear country is worsening daily, is misleading and appears intended to score cheap political points.

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“This claim, at a time when all indicators show that our country is rebounding in significant measure across all sectors, casts Obi, squarely, as Nigeria’s leading doomsayer.”

Morka, who reeled out the achievements of the APC-led administration, said: “In reality, 18 months later, the economy under President Bola Ahmed Tinubu’s administration, has showed steady record of progress.”

He listed the landmarks as:

The ruling party further argued: “Despite these and other initial beneficial outcomes of ongoing unprecedented reforms, the administration is doubling its effort to ensuring that the reforms deliver their fullest benefits for the sustainable growth and transformation of our country.”

The ruling party said that the Presidential New Year message acknowledged that the “cost of food and essential drugs remained a significant concern for many Nigerian households. And to reverse this trend, Mr. President assured that his administration was committed to lowering food prices by boosting food production and promoting local production of drugs.”

The party also highlighted Tinubu’s resolve to crash the current inflation rate from 34 per cent to 15 per cent in the course of this fiscal year as a move to addressing the threat inflation poses to the country’s economy.

The statement further reads: “With the vigour in the administration’s war on corruption, evidenced by ongoing investigations and trial of  well-heeled Nigerians, Obi’s pontification on the urgent need to tame corruption is a clear case  of carrying coal to Newcastle.”

Faulting Obi, the party said: “It is a thing of irony that Peter Obi, who now arrogates to himself to be omniscient and philosopher’s stone, when it comes to our nation’s challenges, left no record of significant achievement, let alone transformation of any kind, in his eight-year tenure as Governor of Anambra State.

“Like his co-travellers in the Peoples Democratic Party (PDP), Obi’s obsessive pessimism and endless but futile effort to incite public outrage against the administration is borne out of their realisation that President Tinubu is unwittingly cementing their ultimate political irrelevance by his visionary and full-throttle reform and transformation of the fundamental pillars of our national life.”

Appealing for citizens’ support and patience, the APC spokesman assured Nigerians that “under the banner of the Renewed Hope Agenda (RHA), President Tinubu is dutifully turning our nation’s fortunes around.

“He (Tinubu) deserves the support  and patience of Nigerians in order to consolidate on the deep economic foundation he has laid, and deliver a vibrant, prosperous new Nigeria for the good of all.  We urge Nigerians to remain confident of better days ahead.”

Your assessment misleading, APC tackles Obi over socio-economic situations

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Currency in circulation now N4.8tn – CBN report

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Currency in circulation now N4.8tn – CBN report

Currency in circulation has reached an all-time high of N4.8 trillion as of November 2024, recording over seven per cent increase from the previous month.

Also, currency outside banks grew significantly in the same month hitting an all-time high of N4.6 trillion from the N4.2 trillion in the month of October.

These figures were contained in the money and credit supply data from the Central Bank of Nigeria (CBN).

The currency in circulation is the amount of cash–in the form of paper notes or coins–within a country that is physically used to conduct transactions between consumers and businesses.

It represents the money that has been issued by the country’s monetary authority, minus cash that has been removed from the system.

Similarly, currency outside a bank refers to cash held by individuals, businesses and other entities that is not stored in banks.

The currency outside the bank represents about 96 per cent of the currency in circulation.

Nigerians have in recent times been facing acute cash shortage with banks limiting daily withdrawal at Automated Teller Machines (ATMs) to N20,000 irrespective of the number of accounts held by an account owner.

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According to the latest data, the currency in circulation grew by seven per cent to reach 4,878,125.22 from 4,549,217.51 in October.

Currency in circulation has grown steadily in the outgoing year 2024 with over one trillion naira added to cash in circulation after starting the year with N3.65 trillion in January.

In February, the currency in circulation slightly increased to N3.69 trillion representing an increase of N43 billion or 1.18 per cent from the January figure.

March also saw an appreciable increase to N3.87 trillion while it further increased to N3.92 trillion in the following month of April.

The growth trajectory continued in May with the currency in circulation increasing slightly to N3.97 trillion, an increase of N42 billion or 1.07 per cent while it reached an all-time high of 4.04 trillion, an increase of 2.11 per cent from May.

The July figure also rose marginally with the currency in circulation settling for N4.05 trillion before growing to N4.14 trillion in August and N4.43 trillion in September and N4.5 trillion in October.

In the same vein, currency outside banks grew from N4.2 trillion in October to N4.6 trillion in November, showing increasing preference for other means of storing outside bank deposits.

Economist, Dr. Paul Alaje attributed the development to the expanding money supply, adding, “Money supply is expanding but this may not necessarily be in cash. As it is expanding, it will necessarily induce inflation. But you can’t blame the people. People must look for money. How much was bottled water last year, how much is it today? All of this will induce inflation. If you now ask, what is the cause of inflation? Is it money supply itself or a devaluation policy? It is a devaluation policy. Money supply is an offshoot. So the Central Bank is raising interest rates to actually reduce money supply but the more they try the more money supply expands.”

He stated that the floatation policy of the CBN has created inflation, adding, “It is like chasing one’s tail and I don’t know if you are going to catch it.”

Currency in circulation now N4.8tn – CBN report

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Tinubu not telling Nigerians the truth, says Sule Lamido

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President Bola Ahmed Tinubu

Tinubu not telling Nigerians the truth, says Sule Lamido

President Bola Tinubu has been accused of not being forthright about the true state of Nigeria under his administration.

Former Jigawa State Governor and senior Peoples Democratic Party (PDP) member, Sule Lamido, made the accusation while speaking on the BBC Hausa programme Gane Mini Hanya.

Lamido criticized both Tinubu and former President Muhammadu Buhari for what he described as a lack of transparency in governance.

“Buhari’s and Tinubu’s governments are not being transparent with Nigerians unlike during the time when PDP was in power where everything was transparent and open to all Nigerians,” Lamido said.

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He accused the two administrations of relying on propaganda rather than providing citizens with accurate information.

Lamido also expressed concerns over President Tinubu’s recent loan requests, questioning the logic behind them. “If Nigerians are being told the truth then there is nothing wrong with that, but how would you budget N30tn, generate N50tn and then request loan when you have a surplus of N20tn,” he said, referencing last year’s budget.

He described the situation as “reckless” and “selfish,” adding, “This recklessness and clear-cut selfishness is not done anywhere in the world, but yet you find (some) Nigerians supporting it. Visit social media and see how APC is being criticised, being referred to as calamity, yet you find some protecting it.”

Tinubu not telling Nigerians the truth, says Sule Lamido

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