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Restructuring: N’assembly opposes southern govs, Igbo youths, Ladoja okay call

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Leaders of the National Assembly have rubbished the call by governors of the southern states South’s governors for a convocation of a national conference on security and restructuring of the country.
The governors’ call for an urgent national dialogue, bold steps to restructure the country, total ban on open grazing and for President Muhammadu Buhari to address the nation was faulted by Senate President Ahmad Lawan and House of Representatives Speaker Femi Gbajabiamila on Thursday.
This is contrary to the support of the call got by senators from the South and members of the House of Representatives from the South.
Lawan accused the governors of retreating to regionalism to address a national issue that should be collectively decided upon.
Gbajabiamila, in the same vein, said to end the security challenge, all must ‘imbibe the spirit of oneness, togetherness, unity and love.”
Former Nasarawa State Governor Abdulahi Adamu, a senator representing Nasarawa West, accused the governors of “betraying the trust.”
But a former Oyo State Governor Rashidi Ladoja, Igbo youths and minority party members of the House of Representatives from the North gave their blessing.
Lawan and Gbajabiamila spoke at the Presidential Villa in Abuja after the prayer along with President Buhari.
Senator Adamu spoke in Keffi, Nasarawa State, also after observing the prayers.
Lawan said, “I believe that, as leaders, especially those of us who are elected, should not be at the forefront of calling for this kind of thing because, even if you are a governor, you are supposed to be working hard in your state to ensure that this restructuring you are calling for at the federal level, you have done it in your state as well.
“What you may accuse the Federal Government of, whatever it is, you may also be accused of the same thing in your state. So, we are supposed to ensure that we have a complete and total way of ensuring that our systems at the federal, state and even local government levels work for the people.
“We should avoid regionalism. We are all leaders and we are in this together. The solutions to our challenges must come from us regardless of what level of government we are, whether at the federal, state or the local government level. I believe that Nigeria is going to come out of these challenges stronger.”
Lawan added, “I also want to take this opportunity to say that we have diminished the local government system. I think we can attribute the security issues to the absence of a functional local government system.
“I think the time has come for us to take up the challenge and ensure that the local government system functions. This is as we look for ways to curb the security challenge. We must never neglect the local government system. We must go back to our local government system to ensure they are autonomous and functional.”
Gbajabiamila said: “If truth be told, we all have equal shares in the blame for what is happening today.
“Whatever challenges we have, we must all come together to make sure that we resolve these issues we’re facing. We must imbibe that spirit of oneness, togetherness, unity and love that would take us through this.”
Senator Adamu slammed the governors, saying: “The recent meeting of the Southern Governors Forum is an act of betrayal of trust. Each governor swore to an oath and they emphasised loyalty to the sovereignty of this country. They pledged their loyalty to the President of the country. That’s their oath of office.
“While we accept the fact that we have various forms of association and freedom of expression as citizens, they have failed to express their views through the right channel.
“They are members of the Council of State. There is no better forum at their level to take a joint decision than such forum. The fact that they have taken a decision as a divisive move, does not speak well of their intention.
“I think they are just playing to the gallery. What they are saying is not new. They are like broken record, saying the same thing over and over again.
“Why can’t they come to the appropriate body which is the National Assembly to project their ideas?
“They have members in the National Assembly who are representing them. If they have an issue that is so important as that, which borders on the Constitution of the country, they should go there and express their grievances.
“We would sit, debate it and see how best we can come out of it. There can’t be Nigeria if every one wants to have things happen in his or her own way.
“There is a Constitution and there is a framework that we are supposed to operate as governors. To go outside it is a betrayal of their oath of office.

Lagos lawyer Mike Ozekhome said the call for a national dialogue by the Southern governors was unnecessary.
He argued that the recommendations of the last National Conference had not been implemented.
Delivering a paper as a keynote speaker at the 25th Law week of the Awka branch of the Nigerian Bar Association (NBA), Ozekhome argued that another national conference would amount to a waste of time and resources.
The rights activist, who spoke on “Legal profession in a lawless society”, said if the southern governors wanted to get it right, they should have referred to the 2014 recommendations which he was part of.
He said, “I was at the 2014 National Conference headed by the late Justice Idris Kutigi, and the over 200 recommendations we made at that conference were yet to be touched.
“So, when I heard the 17 southern governors talking about another conference… I know they mean well for the country, but we do not need another dialogue.
“Let them go to the 2014 recommendations, they will see that we recommended state police, we recommended part-time legislature.”
Also, VON DG Okechukwu advised Nigerians not to see the socio-economic and security challenges facing the country as a reason to give more powers to state governors who are already mismanaging their powers.
He warned that conceding more powers to the governors, whom he described as “emperors” would put the country’s democracy in grave danger.
“It will be paradoxical for us to expect good governance at the sub-national level when the governors have locked up democratic institutions,” Okechukwu said in a statement yesterday.
The VON boss, who is also a founding member of All Progressives Congress (APC) called on Nigerians to look beyond the frenzy of restructuring as canvassed by the Southern governors.
He argued that giving more powers to governors will by omission or commission create Frankenstein monsters which will put our democracy in harm’s way.

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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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Nigeria Customs Service begins 2025 recruitment [How to apply]

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Nigeria Customs Service begins 2025 recruitment [How to apply]

The Nigeria Customs Service (NCS) has announced the commencement of its recruitment exercise, assuring Nigerians that the process is entirely free and fair.

The agency has cautioned the public to be vigilant against scammers who may attempt to exploit unsuspecting applicants during the recruitment period.

Applications are invited for positions in the Superintendent, Inspector, and Customs Assistant cadres as part of the Service’s plan to recruit 3,927 officers in 2025.

This initiative is aimed at enhancing trade facilitation and supporting Nigeria’s economic recovery efforts.

“Our recruitment is entirely free and fair. At no stage do we charge fees. Anyone requesting payment is a scammer,” the agency emphasized, urging applicants to be wary of fraudulent schemes.

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The NCS outlined eligibility criteria, stating that applicants must be Nigerian citizens by birth, possess a valid National Identification Number (NIN), and have no criminal record or ongoing investigations.

Academic qualifications for the three cadres are as follows:

Superintendent Cadre: A university degree or Higher National Diploma (HND) along with an NYSC discharge or exemption certificate.

Inspectorate Cadre: A National Diploma (ND) or Nigeria Certificate in Education (NCE) from an accredited institution.

Customs Assistant Cadre: At least an O’Level certificate (WAEC or NECO).

In addition to these qualifications, the NCS stressed that all applicants must be physically and mentally fit, providing evidence of medical fitness from a recognized government hospital.

Nigeria Customs Service begins 2025 recruitment [How to apply]

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