Politics
Coronavirus: Atiku Wants Nigeria, Others To Seek Debt Forgiveness
Former Vice-President Atiku Abubakar on Tuesday raised alarm that Nigeria and other African countries had yet to see the worst of the effects of coronavirus pandemic.
He, therefore, urged Nigeria and other African countries to unite and seek debt forgiveness.
Atiku, in a statement, titled, ‘What Africa must do to mitigate the damaging effects of coronavirus,’ also called on Nigerian leaders to make sound economic decisions to save the country from economic strangulation.
He said, “Nigeria and other African nations are yet to see the worst of the effects of this scourge. That is why we should unite and seek debt forgiveness, as a direct consequence of the impact of this pandemic on our economies.”
He noted that before the novel coronavirus pandemic hit the globe, Nigeria spent 42 per cent of its earnings on debt servicing. Atiku cautioned that even if Nigeria devoted 100 per cent of its income to rebuilding the economy, it still would not be enough.
The ex-VP said, “Had we closed our ports of entry early, we would probably have had better reasons to be hopeful.
“Even when we are able to avoid a high human toll from this virus, we would not be able to escape a much higher economic toll. We may have a recession. The challenge right now must be to mitigate it since we cannot avoid it. Already, we see forced currency devaluations from the Cape to Cairo. These will no doubt lead to internal inflation, which will spell trouble for nations like Nigeria that have a high external dollar debt burden.”
According to him, the government of the President, Major-General Muhammadu Buhari (rtd.) lacks competent hands. He added that budgets for some agencies and institutions did not show sound economic decisions.
Politics
Cleric Tasks APC On Internal Stability, Warns Otti
He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
Politics
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Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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