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Sallah: Buhari, Wike Recommit To Good Governance

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President Muhammadu Buhari and Rivers State Governor, Chief Nyesom Wike, have recommitted to the delivery of democracy dividends and good governance to Nigerians and Rivers people, respectively.
The president particularly assured residents of the Federal Capital Territory (FCT), Abuja, that his administration will do everything possible to protect them despite the fact that Abuja residents voted against him.
Speaking while receiving residents of the FCT that paid him Sallah homage at the Presidential Villa, Abuja, yesterday, Buhari, who jokingly described Abuja residents as unnecessary evil for not voting for him in the February 23 Presidential election, stated that he would continue to protect the seat of power because any negative thing that happens to the place would also affect him and the entire residence.
In a Sallah Message, last Monday, Wike felicitated with the Muslim community on the celebration of the Id-el-Fitr, and urged Muslims to pray for the unity and peace of the nation as they celebrate.
Wike congratulated all Muslims for successfully completing this year’s Ramadan Fast.
The governor called on the Muslim faithful to use the Id-el-Fitr celebrations to re-dedicate themselves to the ideals of peace, security and friendship.
He assured that the state government and security agencies have put in place security measures to ensure a peaceful celebration of the Sallah.
Wike urged Nigerians to promote religious tolerance, adding that such virtue would ensure peace across the country and enhance national development.
He assured the Muslim community and all residents of the state government’s determination to improve the lives of her citizens.
Wike also commended the Muslim community in Rivers for their consistent support for his administration.
However, the Muslim Community in Rivers State has stated that the victory of Governor Nyesom Wike during the last Governorship Election has positioned the state for greater development in the next four years.
Speaking during a Special Sallah Homage to the Rivers State Governor at the Government House, Port Harcourt, yesterday, Islamic Leader of Rivers State, Nasir Awelebe Uhor said they were confident that Wike would consolidate on the gains of his first term.
He said: “On behalf of the State Muslim Community, I very heartily congratulate the governor on his re-election.
“This victory has positioned Rivers State on the corridor of further development. We pray God for the safety of the governor and key leaders of his administration all through second term”.
He said that Rivers State has a governor with a burning desire and commitment for development as depicted by the state-wide roll-out of projects.
While thanking Wike for involving the Muslim Community in governance, he urged the Rivers State governor to continue to include them in the governance process.
Responding, Rivers State Governor, Chief Nyesom Wike assured that his administration would continue to carry all groups along, irrespective of their religion and ethnic background.
He said: “I believe that whether you are Christian or Muslim, we are one. You must support the government to fight insecurity and promote peace.
“It requires the effort of everyone for us to have peace. We should work together for the good of the state”.
He stated that promoting religion and ethnicity hampers development, adding that efforts should be geared towards development.
Wike explained that the Rivers State Muslim Pilgrims Welfare Board was dissolved because of division and the illegal sale of pilgrimage slots.
On his part, Buhari also pleaded with political leaders especially his supporters not to complain against his administration to avoid sending negative signals that would make his government unpopular.
According to him, “I want to appreciate the number two man of the country (Prof. Yemi Osinbajo) because he knows what we are going through very quietly. I am very pleased that you came with this very powerful constituency…
“I appeal to you to remain exemplary so that those under you will know that the country is doing very well. If you break down and complain, the impact will reverberate all over and then, government will not be popular and whatever efforts we are making will not be appreciated. “I have just spoken to the senator on my left (Philip Aduda) and I told him that his constituency did not vote for me. So, I was very pleased that when they made the arrangement they put him very far away from me. I have all the results of all constituencies.
“I am not threatening FCT because to make FCT secure is to make myself secure and the Vice President. I think they are necessary evil that that was why they decided to vote for PDP.”
Recalling the tortuous journey he went through before he was elected after three attempts, Buhari said, “During my long journey to this place, 2003, 2007, 2011, those were interesting political developments that enabled me visit all the local governments in this country, all 774 local governments.
“First port of call whenever I visit any local government was to visit the community leader for understanding and support. I am very pleased that Nigerians understand me that although I was a governor, minister of petroleum and one time head of state, people know I don’t have a lot of money to give.
“So, when I went round, I smiled and greeted them and I think it has helped. Because by the time I went to campaign for my second and last term constitutionally, I visited all the states this time around, some two states in a day, I thank God for giving me the stamina to do it.
“What impressed me most was the turn out in all the states and FCT. The number of those who turned out is more than what anyone can afford to pay or force to come and listen. So, I am very pleased that a lot of Nigerians have voted me, sympathized with me for what I went through between 2003 and 2019.
“I went to court up to Supreme Court and in 2011, I went to court for eight months. And in the last one, God answered our prayers and gave us victory, and brought in technology through the permanent voters card, (PVC) And INEC said whoever is aggrieved should go to court.
“You all know as much as I know that most of my supporters are looking for the next day’s meal, we don’t have money to give. In 2011, I said ‘God dey’, in 2015, God brought technology PVC and that is how we won.
“I thank you very much for those of you who suffered very much to support me. And I congratulate you for being happy that I made it and I assure you that I will continue to do my best in spite of the toughness of my neighbours.”
Also speaking, the Vice President, Prof Yemi Osinbajo said that Nigeria was on the threshold of greatness, stressing that the security and religious challenges presently facing her was evidence that something great was coming.
Osinbajo said,” First let me congratulate you on this very solemn occasion that marks the end of the Ramadan.
“I want to say that God almighty has been extremely good to you and to our government. I recall about two years ago when I had to host this particular event because you were away on medical leave at the time.
“But God has been so good, not only did he bring you back healthier than when you left, but has also been gracious enough for you to have a second opportunity to lead our great. I thank the almighty God for you and for all of us who have been a part of your government and who have been a part of what God has done in our midst.
“The period of the fast is always a very good time because first of all, usually all of my friends, who are usually very badly behaved, behave themselves much better. I pray and hope that the good behaviour that they maintain during the fast will continue even for the next four years and beyond because I think we all need that.
“Our country as it is today is at a threshold of greatness, you have said so many times. Any situation where something great and something important is about to happen, usually you will have very many and negative opposing voices that want to keep that thing from happening.
“I believe that our country is at a threshold of the breakthrough that we have been praying for and hoping for all these many years. And this is why many challenges are going on: Challenges around security, religion, people who are stoking up embers of religious and ethnic divisions and all that.
“But this gathering is one of those gatherings that we are at liberty, political leadership, religious leadership to demonstrate to our people that this country is a country of one people, the Nigerian people. They may be different in their faith; ethnicity but we are one people. We are one and united people.”
The Vice President commended leaders that attended the homage that had become a tradition during festive period, adding, “We will come together, Christians, Muslims, and people of different faith to demonstrate that this country is a united country. And that those who will want to stoke up ambers or division we will not allow them to do so.
“So, I want to urge all our leaders here that we must not allow the rhetoric of religion to supersede the rhetoric of unity. We must also speak up; we must seek ways that will unite our country.
“We cannot keep quiet because there are so many negative statements being made every day and sometimes we ignore those statements and say these are people who have no understanding. But if we allow these negative statements to continue, then they will define our country and will define the situation of our country.
“As I have said, our country is destined for greatness and I pray that the almighty God will lead us to that greatness. And as we move day by day towards that greatness, those who want to bring us down that God almighty will prevent them from doing so.”
Osinbajo commended Buhari for the leadership he had shown in the past four years and in his second term.
In his remarks, the FCT Permanent Secretary, Mr. Christian Oha, prayed that all the sacrifices during the Ramadan will be acceptable by God.
He congratulated the President for the success of his inauguration which marked the beginning of his second term in office.
“We pray that Almighty in His infinite goodness and mercy, continue to grant you good health and wisdom as you steer our country back to the path of social harmony, security and economic recovery.
“The people of the FCT stand solidly behind you as you begin this task and pledge our support and cooperation in the coming years ahead.
“We do this sir, because we are a grateful people. Over the last four years, the FCT has benefited immensely from your wise and believe divinely inspired leadership. We have enjoyed peace and the social intervention programmes have filled the gaps in our educational system and provided succour for thousands of our people.
“We in the FCT will continue to do our part to ensure that you succeed in your second term in office starting of course with first celebration of our Democracy Day on the 12th of June, 2019.
“Our people have been mobilized to be exceptional hosts to the hundreds of foreign guests who we know will honour the invitation to be here and felicitate with us.
“On this day as we celebrate the end of Ramadan, we pray that almighty Allah blesses and sustains you and your family; we pray that your administration succeeds in all that it has set out to do and above all, we pray that our country Nigeria, under your watch remains a great prosperous and indivisible nation.”
Those present at the homage were, Murshid of Abuja Central Mosque, Prof. Shehu Umar Galadanci, who prayed the Muslim; the former governor of Imo State, Rochas Okorocha; Secretary to the Government of the Federation, Boss Mustapha; Chief of Staff, Abba Kyari; Chief of Defence Staff, Gen Abayomi Olonisakin; Chief of Army Staff, Lt-Gen Tukur Buratai, Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas and Chief of Air Staff, Air Marshal Sadique Abubakar.
Others were, the IGP, Mohammed Adamu; the National Security Adviser, Babagana Monguno; and the Director General of Department for State Service (DSS), Yusuf Magaji Bichi; Civil Defence FCT Commandant, the Permanent Secretary, State House, Jalal Arabi; Senator Philip Aduda; the former minister of communication, Adebayo Shittu as well as the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele.

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Tinubu Lauds Dangote’s Diesel Price Cut, Foresees Economic Relief

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President Bola Tinubu, yesterday, applauded Dangote Oil and Gas Limited for reducing the price of Automotive Gas Oil, also known as diesel, from N1,650 to N1,000 per litre.
The Dangote Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of N30 per litre for an offtake of five million litres and above
Tinubu described the move as an “enterprising feat” and said, “The price review represents a 60 per cent drop, which will, in no small measure, impact the prices of sundry goods and services.”
In a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, Tinubu affirmed that Nigerians and domestic businesses are the nation’s surest transport and security to economic prosperity.
The statement is titled ‘President Tinubu commends Dangote Group over new gantry price of diesel.’
Tinubu also noted the Federal Government’s 20 per cent stake in Dangote Refinery, saying such partnerships between public and private entities are essential to advancing the country’s overall well-being.
Therefore, he called on Nigerians and businesses to, at this time, put the nation in priority gear while assuring them of a conducive, safe, and secure environment to thrive.
This statement comes precisely a week after Dangote met President Tinubu in Lagos, where he said Nigerians should expect a drop in inflation given the cut in diesel pump prices.
“In our refinery, we have started selling diesel at about ¦ 1,200 for ¦ 1,650 and I’m sure as we go along…this can help to bring inflation down immediately,” Dangote told journalists after he paid homage to President Bola Tinubu at the latter’s residence to mark Eid-el-Fitr.
The businessman said his petroleum refinery had been selling diesel at N1,200 per litre, compared to the previous price of N1,650–N1,700.
He expressed hopes that Nigeria’s economy will improve, as the naira has made some gains in the foreign exchange market, dropping from N1,900/$ to the current level of N1,250 – N1,300.
Dangote said this rise in value has sparked a gradual drop in the price of locally-produced goods, such as flour, as businesses are paying less for diesel. Therefore, he asserted that the reduced fuel costs would drive down inflation in the coming months.
“I believe that we are on the right track. I believe Nigerians have been patient and I also believe that a lot of goodies will now come through.
“There’s quite a lot of improvement because, if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ¦ 1,900.
“But right now, we’re back to almost ¦ 1,250, ¦ 1,300, which is a good reprieve. Quite a lot of commodities went up.
“When you go to the market, for example, something that we produce locally, like flour, people will charge you more. Why? Because they’re paying very high prices on diesel,” he explained.
He argued that the reduced diesel price would have “a lot of impact” on local businesses.
“Going forward, even though the crude prices are going up, I believe people will not get it much higher than what it is today, N1,200.
“It might be even a little bit lower, but that can help quite a lot because if you are transporting locally-produced goods and you were paying N1,650, now you are spending two-thirds of that amount, N1,200. It’s a lot of difference. People don’t know.
“This can help bring inflation down immediately. And I’m sure when the inflation figures are out for the next month, you’ll see that there’s quite a lot of improvement in the inflation rate, one step at a time. And I’m sure the government is working around the clock to ensure things get much better,” Dangote added.
He also urged captains of industry to partner with the government to improve the lives of citizens.
“You can’t clap with one hand,” said the businessman, adding, “So, both the entrepreneurs and the government need to clap together and make sure that it is in the best interest of everybody.”

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Court Halts Amaewhule-Led Assembly From Extending LG Officials’ Tenure

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The Rivers State High Court sitting in Port Harcourt has issued an interim injunction directing the maintenance of status quo ante belum following the move by the Martin Amaewhule-led Assembly in Rivers State to extend the tenure of the elected local government councils’ officials.
The Amaewhule-led Assembly, which is loyal to the Minister of Federal Capital Territory, Nyesom Wike, had amended the Local Government Law Number 5 of 2018 and other related matters.
Amaewhule, explained that the amendments of Section 9(2), (3) and (4)of the Principal Law was to empower the House of Assembly via a resolution to extend the tenure of elected chairmen and councilors, where it is considered impracticable to hold local government elections before the expiration of their three years in office.
But the court asked all the parties to maintain the status quo ante belum pending the hearing and determination of motion on notice for the interlocutory injunction.
The court presided over by G.N. Okonkwo also ordered that the claimant/applicant would enter into an undertaking to indemnify the defendants in the sum of N5million should the substantive case turned out to be frivolous.
The court fixed April 22, 2024 to hear the motion on notice for interlocutory injunction.
Okonkwo also issued an order of substituted service of the motion on notice for interlocutory injunction, originating summons and other subsequent processes on the defendants.
The orders were made following a suit filed by Executive Chairman, Opobo-Nkoro, Enyiada Cooky-Gam; Bonny, Anengi Claude-Wilcox; and five other elected council officials challenging the decision of the Amaewhule-led House of Assembly to extend the tenure of local government areas.
Also named as defendants in the suit are the Governor of Rivers State, the Government of Rivers State and the Attorney-General of Rivers State.
The claimants/applicants are praying the court for a declaration that under section 9(1) of the Rivers State Local Government Amendment Law number 5 of 2018 the tenure of office of the chairmen and members of the 23 local government councils of Rivers State is three years
A declaration that the tenure of office of the elected chairmen and members of the local government areas would expire on the 17th of June 2024 having commenced on the 18th of June 2021 when they were sworn in.
A declaration that the defendants cannot in any manner or form extend the tenure of office of the chairmen and members of the local government areas after the expiration of their tenure.
An order of perpetual injunction restraining the defendants from extending the tenure of office of the chairmen and members of the local government areas.
An order of perpetual injunction restraining the 28th, 29th and 30th defendants (the Governor, the Government House and the Attorney-General) from giving effects to any purported extension of the tenure of the chairmen and members of the local government areas.
They also prayed for an order of interlocutory injunction directing all the defendants to maintain the status quo by not elongating the three-year tenure of the chairmen and councilors.
The claimants further sought an order of interlocutory injunction restraining the defendants from extending the tenures of the chairmen and the councilors.

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Nigeria’s Inflation Rate’ll Drop To 23% By 2025 -IMF

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In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF provided projections for Nigeria’s economy, indicating a significant shift in inflation rates.
Division Chief of the IMF Research Department, Daniel Leigh, highlighted the impact of Nigeria’s economic reforms, including exchange rate adjustments, which have led to a surge in inflation rate to 33.2 percent in March.
Nigeria’s inflation rate rose to 33.2 percent according to recent data released by the National Bureau of Statistics.
Also, the food inflation rate increased to over 40 per cent in the first quarter of 2024.
Leigh stated, “We see inflation declining to 23 per cent next year and then 18 percent in 2026.”
This is however different from the fund’s prediction of a new single-digit (15.5 per cent ) inflation rate for 2025 which it predicted last year.
He further elaborated on Nigeria’s economic growth, which is expected to rise from 2.9 percent last year to 3.3 percent this year, attributing this expansion to the recovery in the oil sector, improved security, and advancements in agriculture due to better weather conditions and the introduction of dry season farming.
The IMF official also noted a broad-based increase in Nigeria’s financial and IT sectors.
“Inflation has increased, reflecting the reforms, the exchange rate, and its pass-through into other goods from imports to other goods,” Leigh explained.
He added that the IMF revised its inflation projection for the current year to 26 percent but emphasised that tight monetary policies and significant interest rate increases during February and March are expected to curb inflation.
An official of the IMF Research Department, Pierre Olivier Gourinchas commented on the global economic landscape, mentioning that oil prices have risen partly due to geopolitical tensions, and services inflation remains high in many countries.
Despite Nigeria’s inflation target of six to nine percent being missed for over a decade, Gourinchas stressed that bringing inflation back to target should be the priority.
He warned of the risks posed by geo-economic fragmentation to global growth prospects and the need for careful calibration of monetary policy.
“Trade linkages are changing, and while some economies could benefit from the reconfiguration of global supply chains, the overall impact may be a loss of efficiency, reducing global economic resilience,” Gourinchas said.
He also emphasised the importance of preserving the improvements in monetary, fiscal, and financial policy frameworks, particularly for emerging market economies, to maintain a resilient global financial system and prevent a permanent resurgence in inflation.

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