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Nigeria May Soon Become Ungovernable, Mailafia Warns
The former Deputy Governor of Central Bank of Nigeria (CBN), Dr Obadaiah Mailafia, has, again, raised the alarm that the nation was drifting towards a failed state, and may soon become ungovernable to the ruling class, if the drift was unchecked.
Mailafia also accused President Muhammadu Buhari’s government of pushing for the Islamisation and Fulanisation of the country.
He spoke during a symposium organized by the Forum for Good Governance of the Towards Revival for All Nations (TRANS 21) at the Reconciliation House in Akure, the Ondo State capital.
Speaking on the theme, ‘The Role of the Church in Nation Building’, Mailafia, said that Nigeria can no longer be described as a nation due to the fact that concentration of power was not with the government alone but now also in the hands of some other power blocs.
“Nigeria has been designated as a failed state. We may not say it is a failed state but it is certainly exhibiting the features of a failing state in terms of the kind of violence we are seeing, widespread insecurity, and terrorism, the abuse of humanity, criminality, rape, killing, maiming and destruction.
“We are a failing state, and the solution is nothing other than the need to give birth to a new Nigeria.
“Rival groups control territory. Boko Haram is in control of over half of Niger State, and if they successfully take over Niger, Abuja will be a walkover.
“Government cannot provide security for the people. Nowhere is safe in the country. The forests have been taken over by foreign invaders.
“The economy is collapsing. There is the collapse of the institution. Police, university’s standards are low. Corruption has taken over in the country. What else do we need to say Nigeria is a failed state?”
“In the past, people could ignore that because Olusegun Obasanjo was a fair-minded man and he was a patriot. Umaru Yar’Adua of blessed memory was a fair-minded man and a patriot. Goodluck Ebele Jonathan was a fair-minded man and he was a patriot.
“So, people could afford to live with a fraudulent constitution but now today, we are seeing that a fraudulent constitution is in the hands of people who have hidden agendas, who hate our country, who are beholders to Niger Republic, Chad and other foreign countries.”
According to him, “Nigeria has fallen from the grace being the most terrorised nation and the poverty capital of the world after India and Afghanistan.
“Nigeria parades about 90million people who are destitute poor with 50 per cent of the figure from the North, particularly the North-East and West geopolitical zones”.
He said Borno, Zamfara and Yobe accounted for 70 per cent of the figure.
With 20million of children out of school and drug abuse of 80 per cent in Kano State alone, Mailafia said that the situation in the North was getting out of hand.
He lamented that “the official unemployment rate in Nigeria is 33 per cent with youth forming 40 per cent of the figure.
On the Islamisation and Fulanisation of the country, Mailafia said that, “the agenda is ongoing; Islamisation and Fulanisaion of Nigeria. The kind of Islam that is coming from Sahara is dangerous. They want to take over your land and enslave you. Christians must rise to protect it”.
He said about “two million Nigerians have been killed silently in Nigeria in the last few years with the government unable to tackle the menace of Fulani herdsmen, terrorists and bandits.
“In the North-East alone, more than 3,000 churches have been destroyed, more than 400 priests and pastors have been killed. And there is a pattern that is reserved only for Christians, and that is beheading.
“Last year, the CAN chairman of Adamawa was beheaded, even after a ransom was paid. We have been told that the so call bandits, who should not be called bandits because bandits do not bring down military aircraft.
“No bandit has the capacity to bring down military aircraft. No bandit has the power to attack Nigeria Defence Academy, which is the premier institution for the training of armed forces.
“No bandit has the capacity to do that, only terrorists have the capacity to do that.
Mailafia said that “We are being told that these terrorists are part of the insurgency because they did these kidnappings to raise money in order to fund the insurgency.”
Speaking on the fall in the exchange rate of the naira, the financial expert said that “the continued dip of the naira in the foreign exchange market was due to the bad policies of government and the tensions across to the country.
“If we continue the bad policies we are doing and all these geopolitical tensions we are tolerating, it is going to affect the value of the naira and the naira will continue to go down and down into a bottomless pit.
According to him, “This is just a law of science and of economics. If we do the right thing, then we can reverse the trend and the naira will start improving. It is not quantum physics; it is straightforward demand and supply, inflation and natural expectation.”
Mailafia also lamented that the country has fallen from grace by being the most terrorised nation and the poverty capital of the world after India and Afghanistan.
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Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
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US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
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