Osun APC members protest, demand chairman’s sacking - Newstrends
Connect with us

Politics

Osun APC members protest, demand chairman’s sacking

Published

on

Osun APC members protest

Hundreds of members of the All Progressives Congress in Osun State stormed the streets of Osogbo on Tuesday to demand the removal of the party’s state chairman, Gboyega Famoodun, following the party’s defeat in the state governorship election on July 16.

However, according to a statement issued by Famoodun’s media adviser, Kola Olabisi, the protesters were supporters of the Minister of Interior, Rauf Aregbesola, whom he accused of working against Oyetola in the election.

The protesters, led by Oluwaseun Abosede, chanting “restructuring,” took off from Odiolowo Area and marched through Olaiya Junction to Ogo-Oluwa Area within Osogbo metropolis, before heading to the state House of Assembly, where they were received by the Speaker, Timothy Owoeye.

Armed with placards and banners with different inscriptions such as “Restructure APC now,” “APC lost Osun because of Famoodun and Oyetola,” “Osun APC needs restructuring,” among others, the protesters were denied entry into the party secretariat by armed police operatives.

Speaking to newsmen at the entrance of the APC state secretariat in Ogo-Oluwa, Abosede insisted that mismanagement of the party affairs by Famoodun, who he accused that sidelining Aregbesola and other critical stakeholders in the party, caused the defeat suffered by the party at the governorship poll.

READ ALSO:

He said, “The issues, to summarise them, boil down to glaring mismanagement of the party by Governor Gboyega Oyetola and the party chairman, Gboyega Famoodun. The chairman has totally demonstrated lack of capacity to manage the party and this was reflected in the result of the July 16 governorship election.

“Under the leadership of both Governor Oyetola and Famoodun, the APC degenerated and assumed the dangerous trend of having factions, which later caused catastrophe and grief. Governor Oyetola, right from inception, embarked on a divisive move which transmuted the party into two parts.”

After receiving the letter containing their demands, Owoeye assured them of his readiness to take the necessary steps to reposition the party.

Famoodun, while reacting to the protest, described the action of the protesters as shameful, callous, primitive, selfish, wicked, misplaced and inconsiderate.

The APC chairman also accused the protesters of working for the Peoples Democratic Party’s candidate, Senator Ademola Adeleke, at the poll and urged them to seek patronage from the person they supported at the poll.

Famoodun said, “When I heard that the supporters of the immediate past governor of our state, Mr Rauf Aregbesola, were protesting, I thought my memory was playing me wrong as they cannot insulate themselves from whatever might be the current plight of the APC in Osun State.

“Assuming but not conceding that there are challenges within the party, protesters should be told that they lack the moral right to either suggest or offer any likely solution as it is on record that they massively and collectively worked against Oyetola, the APC governorship candidate in the just-concluded election in line with their series of threats.

“One would have thought that the appropriate place for them to canvas for the restructuring of any party is Senator Ademola Adeleke’s Ede country home, which they voted for with flaunted pride.”

PUNCH

Loading

Politics

Obasanjo Blames Tinubu’s Economic Policies for Rising Poverty

Published

on

Obasanjo Blames Tinubu’s Economic Policies for Rising Poverty
Former President Olusegun Obasanjo

Obasanjo Blames Tinubu’s Economic Policies for Rising Poverty

Former President Olusegun Obasanjo has criticised President Bola Ahmed Tinubu’s economic reforms, saying the sharp depreciation of the naira has reduced Nigerians’ purchasing power and worsened poverty across the country.

Obasanjo made the remarks on Wednesday, October 21, 2026, during the Financial Times Africa Summit in London, United Kingdom, where he questioned the economic consequences of the administration’s policies, particularly its foreign exchange reforms and the removal of the petrol subsidy.

The former president argued that the naira’s decline against the United States dollar had significantly weakened the financial position of Nigerian households, making it more difficult for citizens to afford essential goods and services.

He said the exchange rate had moved from approximately ₦500 to the dollar to about ₦1,500, a development he described as a major loss in the value of Nigerians’ money.

“We do not live in isolation as a country. We interact with the rest of the world. And overnight, you devalue the currency by 300 percent. The naira went from N500 to a dollar to N1,500 to a dollar,” Obasanjo said.

He added that the depreciation had made Nigerians poorer and contributed to the country’s severe poverty challenge.

“What that meant was that every Nigerian is made poor by 300 percent. That made Nigeria become the poverty capital of the world, which means Nigeria has the largest number of poor people in the world,” he said.

Obasanjo questioned the benefits of the currency adjustment, insisting that a policy that substantially eroded citizens’ purchasing power could not be considered beneficial to the country without examining its consequences for ordinary people.

“You cannot say to me that that is good for Nigeria. You cannot say to me that that is good for us in any sense,” he added.

The former president’s comments have added to the ongoing debate over the impact of the Tinubu administration’s economic reforms on inflation, living standards, business costs and poverty.

Tinubu announced the removal of the petrol subsidy shortly after assuming office in May 2023. His administration subsequently introduced foreign exchange reforms that allowed the naira to trade more freely against other currencies.

READ ALSO:

The government has defended the measures as necessary to address longstanding economic distortions, reduce pressure on public finances, improve the efficiency of the foreign exchange market and attract investment.

However, the reforms coincided with a sharp depreciation of the naira and increases in the cost of imported goods, transportation and other essential commodities, placing considerable pressure on household budgets.

Obasanjo also challenged the argument that the removal of the petrol subsidy was the only viable option available to the government, contending that corruption accounted for a substantial portion of the costs associated with the previous subsidy arrangement.

He argued that tackling corruption within the petroleum subsidy system could have reduced the financial burden on the government and limited the amount of support required.

The former president’s position differs from that of the Tinubu administration, which has maintained that ending the subsidy was necessary to reduce government expenditure and free up resources for development.

Obasanjo questions Tinubu’s second-term bid

Obasanjo also questioned the argument that Tinubu should be given a second term to consolidate his economic reforms, asking what specific policies were being sustained if the outcome was greater hardship for citizens.

He criticised the suggestion that Nigerians should continue to endure the consequences of the reforms without clearer evidence that their living conditions were improving.

The former president maintained that his criticism was directed at the administration’s economic policies and their impact on the public.

He also expressed doubts about the direction of the economy, saying he could not identify clear signs that conditions were improving for Nigerians.

Calls for production and anti-corruption measures

Despite his criticism, Obasanjo outlined measures he believes could help improve Nigeria’s economic prospects, identifying corruption, wasteful spending and unnecessary luxury as areas requiring urgent attention.

He argued that public resources must be managed more responsibly, while government expenditure should be directed towards priorities capable of improving citizens’ welfare.

Obasanjo also stressed the need to strengthen domestic production, saying Nigeria must produce more goods and services rather than depend heavily on imports.

His recommendations centred on reducing corruption, curbing waste and increasing productivity as part of a broader strategy to improve the economy.

The former president also referred to Ghana’s currency performance as a point of comparison, arguing that developments in the neighbouring West African country raised questions about Nigeria’s economic management.

However, exchange-rate movements alone do not provide a complete measure of economic performance, as inflation, export earnings, foreign reserves, productivity and other factors also influence a country’s financial position.

Tinubu, in his Independence Day address on October 1, 2026, defended his administration’s reforms, describing them as difficult but necessary measures to address longstanding weaknesses in the economy. He argued that the government was moving from economic adjustment towards broader prosperity.

The disagreement between the two leaders reflects the wider national debate over whether the reforms will eventually deliver improved living standards or whether changes to their implementation are needed to reduce the burden on households.

As Nigerians continue to contend with the cost of living, the central question remains whether economic growth, currency stability and government revenue gains can translate into affordable food, transportation, housing and other basic necessities.

 

Obasanjo Blames Tinubu’s Economic Policies for Rising Poverty

Loading

Continue Reading

Politics

‘People Are Hungry’ Is Not a Manifesto, Nya-Etok Tells Atiku, Obi

Published

on

‘People Are Hungry’ Is Not a Manifesto, Nya-Etok Tells Atiku, Obi
Atiku Abubakar, Peter Obi

‘People Are Hungry’ Is Not a Manifesto, Nya-Etok Tells Atiku, Obi

The Executive Director of the Federal Housing Authority, Arch. Ezekiel Nya-Etok, has challenged former Vice-President Atiku Abubakar and former Anambra State Governor Peter Obi to present concrete policy proposals for tackling hunger and economic hardship, insisting that describing Nigerians as hungry is not a solution.

Nya-Etok, who made the remarks during an interaction with journalists in Uyo, Akwa Ibom State, said politicians seeking to lead Nigeria must explain how they intend to address the country’s challenges rather than merely highlighting the suffering of citizens.

According to a report by National Witness published on October 20, 2026, the housing agency executive argued that acknowledging hunger and hardship was only a description of the situation, not a practical plan for resolving it.

“People are hungry is a situation report and not a solution,” he said, urging opposition politicians to explain how their proposed policies would improve the lives of Nigerians.

He added that political parties and candidates should provide clear explanations of their plans, including how they intend to implement their promises and achieve their economic objectives.

The comments come as political activities gather momentum ahead of the 2027 presidential election, with candidates and political parties increasingly debating the economy, poverty, insecurity and the cost of living.

READ ALSO:

Atiku, the presidential candidate of the African Democratic Congress (ADC), has repeatedly criticised President Bola Ahmed Tinubu’s administration over the rising cost of living and what he described as worsening poverty.

In an October 1, 2026, address marking Nigeria’s Independence Day, Atiku accused the All Progressives Congress-led administration of deepening the economic difficulties facing Nigerians. He called for measures to make essential goods and services more affordable and outlined a proposal for a targeted subsidy on locally refined petroleum products.

Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), has also identified hunger, poverty and insecurity as major challenges confronting the country.

Speaking in Abuja in September, Obi called on political leaders to shift their attention from political disagreements to finding solutions to the difficulties facing ordinary Nigerians. He argued that political competition should focus on improving citizens’ welfare and reducing poverty.

Nya-Etok’s criticism appears to centre on the need for candidates to go beyond identifying these problems and explain the policies through which they intend to solve them.

Nya-Etok defends Tinubu’s economic reforms

The Federal Housing Authority executive also defended the Tinubu administration, arguing that increased revenue allocations to state governments had helped them meet financial obligations, including the payment of salaries, pensions and gratuities.

He maintained that reversing the removal of the petrol subsidy would return Nigeria to a period when many state governments struggled to meet their financial responsibilities.

Nya-Etok also expressed support for Tinubu’s re-election bid, predicting that the president would secure victory in 2027.

He argued that the current political situation offered the incumbent an advantage, while expressing concerns about the implications of a possible return to power by Atiku.

He also questioned the expectations surrounding Obi’s presidential ambition, arguing that the demands placed on an Obi-led administration could prove difficult to meet within a four-year term.

On corruption, Nya-Etok expressed scepticism about promises to eliminate the practice, arguing that addressing it would require confronting deeper problems within Nigerian society and governance.

His comments add to the growing political debate over whether the country’s next administration should prioritise reversing existing economic policies, introducing targeted relief measures or pursuing alternative strategies to increase production, create jobs and reduce poverty.

With the 2027 election approaching, the debate is likely to place greater emphasis on the economic proposals of presidential candidates, their funding arrangements and the practical steps they intend to take to improve the living conditions of Nigerians.

‘People Are Hungry’ Is Not a Manifesto, Nya-Etok Tells Atiku, Obi

Loading

Continue Reading

Politics

Tinubu’s Second-Term Denial Could Trigger Political Crisis, Ex-NAHCON Chairman Warns

Published

on

Chairman and Chief Executive Officer of the National Hajj Commission of Nigeria (NAHCON), Professor Abdullahi Saleh Usman
Ex - National Hajj Commission of Nigeria (NAHCON), Sheikh Abdullahi Saleh

Tinubu’s Second-Term Denial Could Trigger Political Crisis, Ex-NAHCON Chairman Warns

Former Hajj commission chairman urges fairness in power rotation, cites security gains and lower food prices

The immediate past chairman of the National Hajj Commission of Nigeria (NAHCON), Sheikh Abdullahi Saleh Pakistan, has warned that denying President Bola Ahmed Tinubu a second term in office could plunge Nigeria into a political crisis.

Pakistan said allowing Tinubu to complete two terms, as former President Muhammadu Buhari did, would help sustain the informal understanding of power rotation between the North and South and prevent future political tensions.

The former NAHCON chairman made the remarks while addressing youth groups at his residence in Kano, where he argued that political leaders should not be rejected primarily because of their regional origins.

He warned that attempts to deny Tinubu re-election on such grounds could create a dangerous precedent for future presidential contests, particularly for northern politicians seeking to serve two terms.

“We have to be fair to Tinubu. The type of politics we are playing where we reject somebody because of the region he came from is dangerous. If we sustain this, we will suffer in the future,” he said.

Pakistan recalled Tinubu’s support for Buhari’s second-term ambition, arguing that the former Lagos State governor had stood by the late president and insisted that he should complete his two terms despite concerns about his health.

According to him, it would be unfair for political actors to oppose Tinubu’s second-term bid after Buhari, who came from the North, was allowed to serve eight years.

He warned that denying a southern president the opportunity to complete two terms could undermine the informal power-sharing arrangement between the two regions.

“The way Tinubu supported late Muhammadu Buhari and insisted that he completed his two terms, even though he was ill, and now some people are working hard to deny Tinubu a second term, we will fling the country into a political crisis in the future. Nobody will allow any northerner to take two terms,” he said.

The former NAHCON chairman’s position comes amid growing political discussions over zoning, regional representation and the 2027 presidential election.

Although Nigeria’s Constitution does not require presidential power to rotate between the North and South, the practice has remained an important political consideration in the country’s party negotiations and presidential contests.

However, the decision on who becomes president ultimately rests with the electorate through the constitutional electoral process.

Pakistan also defended the Tinubu administration’s handling of insecurity, arguing that the president inherited significant security challenges from previous administrations.

He identified the Boko Haram insurgency and banditry as major problems confronting the country, claiming that the former began before Buhari assumed office, while banditry expanded during the latter’s administration.

The cleric argued that the security situation should be assessed in the context of the challenges inherited by the Tinubu government rather than being used solely as a political weapon against the president.

He particularly cited the Abuja-Kaduna highway, which experienced serious security concerns during Buhari’s administration, as an example of what he described as an improvement under Tinubu.

“Up to the time Buhari finished his second term in office, a journey from Abuja to Kaduna was suicidal. You only heaved a sigh of relief when you arrived in Kaduna. But now you can leave Abuja at 12am and arrive at Kaduna safely. It means there is an improvement,” Pakistan said.

He also recalled attacks on the Abuja-Kaduna railway, which heightened fears among passengers and disrupted confidence in train travel along the route.

According to him, the security situation has improved compared with the period when kidnappers and armed groups posed serious threats to travellers.

His assessment, however, represents his own view of the security situation, and the extent of any improvement would require a broader examination of security incidents and official data across affected locations.

On the economy, Pakistan argued that the prices of some food commodities had declined under the Tinubu administration, citing rice and millet as examples.

He claimed that a bag of rice, which he said sold for about ₦120,000 under Buhari, now cost approximately ₦57,500.

“Under Buhari, a bag of rice sold for ₦120,000, but today it is ₦57,500. It is less than half the amount under Tinubu,” he said.

The former commission chairman, who identified himself as a farmer, also compared millet prices, saying he sold a bag for about ₦85,000 under Buhari, while the commodity now sells for approximately ₦30,000.

The figures were cited by Pakistan to support his argument that the current administration had recorded improvements in some areas of the economy.

However, food prices vary by location, quality, season and market conditions. The figures he provided were not accompanied by details establishing a uniform nationwide price decline, and they should be understood as his personal comparison rather than a comprehensive assessment of the cost of living.

Nigeria’s economic conditions, including food affordability, inflation and household purchasing power, remain important issues in the debate over the performance of the Tinubu administration.

Pakistan maintained that political disagreements over the president’s re-election should not be driven by regional considerations, warning that the consequences could extend beyond the 2027 election.

He urged Nigerians to consider the long-term implications of their political decisions, arguing that fairness in the treatment of political leaders was necessary to preserve stability and confidence in the country’s power-sharing arrangements.

His comments add to the ongoing debate over Tinubu’s second-term ambition, with supporters emphasising continuity and regional balance, while political opponents continue to assess the administration’s performance and prospects ahead of the next general election.

Whether Tinubu secures another term will ultimately be determined by the electoral process and the decisions of Nigerian voters.

 

Tinubu’s Second-Term Denial Could Trigger Political Crisis, Ex-NAHCON Chairman Warns

 

Loading

Continue Reading

Trending