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Buhari’s Independence Day Speech, Slap On Nigerians, PDP Laments
The Peoples Democratic Party (PDP), yesterday, described President Muhammadu Buhari’s Independence anniversary speech as a slap on the sensibilities of Nigerians, particularly his justification of his administration’s increment of the pump price of the Premium Motor Spirit (PMS), also known as fuel.
Buhari had in his broadcast, pointed out a number of oil producing countries, including Saudi Arabia, Ghana, Egypt and Niger Republic, where the price of fuel is higher than in Nigeria, and concluded by saying that “sustaining the level of petroleum prices is no longer possible.”
In its reaction, the PDP, in a statement signed by its spokesman, Kola Ologbondiyan, yesterday, called on Buhari to “wake up to reality and take demonstrable urgent steps that will address the divisive tendencies and poor economic policies of his administration, which are fast decimating our dear nation under his watch.”
According to the party, “President Buhari’s attempt to justify the increase of fuel price in Nigeria by comparing it to the N168 per litre cost in Saudi Arabia is a morbid joke,” adding that “the minimum wage in Saudi Arabia is N305,113 (3000 Saudi Riyals), ten times higher than our paltry N30,000 which is largely unimplemented in Nigeria.”
The statement further read: “Is Mr. President not aware that, on the average, a person working in Saudi Arabia earns around 4,230SAR (N430, 267) to 16,700 SAR (N1, 698,693) per month?
“Our party charges Mr. President to always check his books before making such offensive comparisons including the price in Egypt where monthly average earning is around N222, 841 (9,200 EGP) against our N30,000.
“In comparing our costs with other countries such as Ghana, Chad and Niger where purchasing powers of citizens are much more higher, did Mr. President reflect on the cost of house rent, education, healthcare and average dependence on fuel for daily survival by ordinary citizens as obtainable in Nigeria?
“If the flawed assertions as evident in Mr. President’s speech are a direct reflection of how policies are formulated in his administration, then one needs not wonder why our economy is in doldrums.
“Indeed, it is imperative to state that if the Buhari administration had summoned the competence and honesty to continue the programs already laid by previous administrations under our party to revive our refineries and provide infrastructural backbone for our productive sector, fuel price will not be more than N100 per litre, in addition to the gains from by-product from crude oil.
“The PDP, therefore, urges Mr. President to engender harmony and productivity by allowing for more robust discourse that will lead to affordable prices for fuel and other essential commodities in our country.”
The major opposition party in the country also flayed the togetherness theme of the President’s speech, describing the allusion as a mere rhetoric.
“Our party also holds as ludicrous that President Buhari is hyping his ‘better together’ theme when the administration he heads, runs on nepotism, disregard for rule of law, human right abuses, corruption, political intolerance, suppression of free speech and aggression towards dissenting voices.
“We urge Mr. President to end his rhetoric and take practical steps to entrench the culture of rule of law and strengthen harmonious living through inclusiveness, equity in wealth distribution and equal access to opportunities for all Nigerians irrespective of creed, class, and ethnicity.
“Furthermore, credible elections are essential to harmonious living. Our party therefore restates our commendation to Mr. President for his new found commitment to non-interference in elections leading to conduct of free, fair and credible governorship election in Edo State on September 19.
“We urge President Buhari to toe the line of the Edo election in the October 10 Ondo governorship election so as to consolidate the legacy of free and fair election under his watch.
“Additionally, Mr. President should exert himself on rebuilding our economy by ending his borrowing spree and focusing on our productive capacity instead of his endless lamentation over his failures.
“Moreover, security is pivotal to our economic revival. The unceasing acts of insurgency, banditry and kidnapping in the last five years have wrecked our nation’s productivity and threatened her corporate existence.
“It is, therefore, worrisome that Mr. President’s speech did not address the call on him by Nigerians demanding that he rejigs his security architecture to inject new blood that will effectively confront our security challenges.
“Our party restates our belief in the potentials of our nation and urges Mr. President to seek help by engaging more competent hands to assist in handling the affairs of our nation,” it further noted.
The 2025 annual general meeting (AGM) and conference of the Rivers/Bayelsa states chapter of the Manufacturers Association of Nigeria (MAN) has come to a close with a strong call for both states to drive the blue economy.
The communique just issued after the AGM pointed to what it called emerging prospects in fish processing, seaweed cultivation, ship repair, and marine technology.
The communique which also mentioned human capital gaps that must be filled through technical and vocational training that are aligned with modern industrial needs, said the blue economy represents a viable pathway for Nigeria’s industrialisation.
It said MAN and Arican Marine Environment Sustainability Initiative (AFMESI) have the capacity to unlock Nigeria’s blue economy sustainably and inclusively, but said the region required dedicated infrastructure upgrades, including roads, waterways, and power.
The communique was signed by Vincent Okuku (Chairman of Rivers/Bayelsa States Branch); Michael Nosa Agana (Branch Vice Chairman/Chairman AGM planning Committee); and Chibuzor Eze (Executive Secretary, Rivers/Bayelsa States Branch).
The resolutions said the future of the Niger Delta economy lies in diversification rather than dependence on extractive industries. “Technology and innovation, value addition and local processing, strategic infrastructure, and a skilled workforce are essential pillars for the future of manufacturing in the region.
“Governments in the region must intensify support for manufacturing activities. Various forms of collaboration across sectors should be actively encouraged.”
It specifically advised Bayelsa and Rivers States to fully develop and harness the blue economy as strategic gateways for sustainable growth; and called for cross-border partnerships with neighbouring states to enhance trade, security, and environmental management.”
The Rivers/Bayelsa States branch of MAN held its first (41st) AGM outside Port Harcourt for the first time, hosted by Bayelsa State Government at the Chief D.S.P. Alamieyeseigha Memorial Banquet Hall, with the theme: ‘Trade, Technology, and the Future of Manufacturing in the Niger Delta.’
In his welcome address, the chairman of the branch, Okuku, commended the Bayelsa State Government under the leadership of Gov Douye Diri for its efforts in industrial development, investment promotion, and strong partnership with the private sector.
He also acknowledged the Rivers State Government for its commitment to rehabilitating industrial clusters, improving access roads, and delivering key infrastructure.
He, however, expressed concern over persistent challenges such as high energy costs, unreliable electricity supply, weak transport systems, rising logistics expenses, multiple taxes and levies, inconsistent regulatory frameworks, and pressure from host communities, which continue to hinder manufacturing growth in both states.
The President of MAN, Francis Meshioye, noted that the Niger Delta, with its abundant resources and strategic location, holds vast potential for industrial expansion. He called for policy frameworks that promote local manufacturing, enhance trade, and attract investments to the region.
Goodwill messages were delivered by the Minister of the Federal Ministry of Regional Development, Abubakar Momoh, represented by Wasa Festus, Director of Community Development and Education. Another goodwill message was also presented by the Bayelsa State Commissioner for Trade, Industry and Investment, Ebieri Jones.
In his remarks, Gov Diri praised MAN for its contributions to Nigeria’s manufacturing sector, noting its resilience, innovation, and strategic role in national development. He stated that the conference theme aligns with his administration’s mantra of “Assured Prosperity.”
Gov Diri offered 24-hour service to manufacturers wishing to relocate to the state, and highlighted the State’s ongoing transformation through deliberate investment in infrastructure, security, and human capital aimed at positioning Bayelsa State as a hub for industrial growth, particularly in the blue economy, agriculture, and manufacturing.
He further noted that hosting the 41st AGM fulfilled a long-desired aspiration of the State following the successful 2024 MAN event in Port Harcourt, Rivers State. He officially declared the exhibition open.
The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open.
The message directs applicants to a third-party link (http://gvly.xyz/Nelfund-Student-Loan, which NELFUND confirms is unauthorised and fraudulent.
In a post obtained from its X handle, yesterday, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasising that the official loan registration portal is only accessible through the Fund’s verified channels.
The agency reminded applicants to exercise caution online and to report any suspicious links or communications claiming to be from NELFUND.
“Applicants are encouraged to always verify official announcements via NELFUND’s official website and social media channels,” NELFUND said.
This advisory comes as part of NELFUND’s ongoing efforts to safeguard students and ensure the integrity of the student loan application process.
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