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Obi, Soludo, Uba Shun Anambra Guber Debate …Ngige Says I Will Talk To Kidnappers, Armed Robbers
Three major players in the 2010 governorship race in Anambra State, the incumbent governor, Mr Peter Obi of the All Progressive Grand Alliance, APGA, Prof Charles Soludo of the People Democratic Party, PDP and Labour Party’s Dr Andy Uba, yesterday shunned public debate organized for all the governorship candidates in the state, by the Nation newspaper in conjunction with Silverbird Television held at Tourist Garden Hotel, Awka, Anambra State.
Our correspondent who covered the event reports that the affected candidates neither put up physical appearance nor sent representatives at the occasion, till the end of the event at about 5.30pm.
Until the time of filing this report no reason was given as to why the candidates could not be physically reached or through their mobile phones by this reporter to explain why they acted the way they did.
However, worried over the present insecurity of lives and property in the state a former governor of the State, Dr Chris Nwabueze Ngige, has promised if reelected as governor come February 6, he would talk to armed robbers and kidnappers in the area to stop their nefarious acts to enable the people of the state sleep with their two eyes closed.
Dr Ngige, who is now contesting the governorship position of the state on the platform of the Action Congress (AC), instead of his former party PDP, made the promise yesterday while speaking on the occasion of the public debate entitled “Anambra Decides: Governorship Debate 2010”.
Describing himself as one of the foundation members of the ruling party PDP, Dr Ngige also promised that if elected, he would build an independent power plant in the state so as to attract more industries to check the high rate of youth unemployment in the area, adding that his government would not toy with youths who are leaders of tomorrow.
He made it clear that during his 33 months in office as governor of the state “ I got out your treasury from the so called God fathers and merchants and gave it back to you. The major thing we have to do for you now is to make you human beings again by restoring security of lives and property back. I did it before and I know the magic with which I did it. The security of the state must be used to maintain the security integrity of that state”, he advised.
Also speaking, chief George Okoye of the NMPP, identified the problem of the people of Anambra state as the imposition of unpopular candidates on the state.
Chief Okoye regretted that Anambra state had never had a master plan , wondering how the state could develop without a blue print, promising that all pensioners in the state would be paid if he wins the forthcoming governorship election in the state.
Candidates from other political parties present at the occasion that attracted hundreds of thousands of Anambrarians equally made promises to the people of the state should they win the February 6, 2010 governorship election in the state which has been described in many quarters as home of champions.
Earlier in his opening remarks, the managing Director of Nation Newspaper, Victor Ifije, said their aim of organizing the debate to ensure that the best candidate was elected as governor of the state next month in the over all interest of the people.
He, therefore, advised the people of the state not to misuse the opportunity offered by the forthcoming election, adding that it is time for them to take their destiny in their own hands.
Edun made the call while speaking at the 2025 Fellowship Investiture of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, where he reaffirmed the federal government’s commitment to sustaining ongoing reforms and expanding access to finance as key drivers of economic growth beyond four per cent.
“We all know that monetary policy under Cardoso has stabilised the financial system in a most commendable way. Of course, it is a team effort, and those eye-watering interest rates have to be paid by the fiscal side. But the fight against inflation is one we all have to participate in,” he said.
The minister stressed the need for banks to broaden credit access and finance innovation-driven enterprises that can create jobs for young Nigerians.
“The finance and banking industry has more work to do because we must finance their ideas, deepen the capital and credit markets down to SMEs. They should not have to go to Silicon Valley,” he said.
The minister who described the private sector as the engine of growth, said the government’s reform agenda aims to create an enabling environment where businesses can thrive, access funding, and contribute meaningfully to job creation.
The facility, known as the Nigeria Actions for Investment and Jobs Acceleration (P512892), is a Development Policy Financing (DPF) operation scheduled for World Bank Board consideration on December 16, 2025.
According to the Bank’s concept note , the financing would comprise $500m in International Development Association (IDA) credit and $500m in International Bank for Reconstruction and Development (IBRD) loan.
If approved, it would be the second-largest single loan Nigeria has received from the World Bank under President Bola Tinubu’s administration, following the $1.5 billion facility granted in June 2024 under the Reforms for Economic Stabilisation to Enable Transformation (RESET) initiative.
The World Bank said the new programme aims to support Nigeria’s shift from short-term macroeconomic stabilisation to sustainable, private sector–led growth.
“The proposed Development Policy Financing (DPF) supports Nigeria’s pivot from stabilization to inclusive growth and job creation. Structured as a two-tranche standalone operation of US$1.0 billion (US$500 million IDA credit and US$500 million IBRD loan), it seeks to catalyse private sector–led investment by expanding access to credit, deepening capital markets and digital services, easing inflationary pressures, and promoting export diversification,” the document read.
The document further stated that Nigeria’s private sector credit-to-GDP ratio stood at only 21.3 per cent in 2024, significantly below that of emerging-market peers, while capital markets remain shallow, with sovereign securities dominating the bond market.
To address these weaknesses, the DPF will support the implementation of the Investment and Securities Act 2025, operationalisation of credit-enhancement facilities, and introduction of a comprehensive Central Bank of Nigeria rulebook to strengthen risk-based regulation and consumer protection.
The operation also includes measures to deepen digital inclusion through the passage of the National Digital Economy and E-Governance Bill 2025, which will establish a legal framework for electronic transactions, authentication services, and digital records.
Beyond the financial and digital sectors, the programme targets reforms to lower production and living costs by tackling Nigeria’s restrictive trade regime. High tariffs and import bans have long driven up consumer prices and constrained competitiveness, particularly for manufacturers and farmers.
Under the proposed reforms, Nigeria would adopt AfCFTA tariff concessions, rationalise import restrictions, and simplify agricultural seed certification to increase the supply of high-quality varieties for maize, rice, and soybeans. The World Bank projects that these measures will help reduce food inflation, attract private investment, and enhance export potential.
The operation is part of a broader World Bank FY26 package that includes three complementary projects—Fostering Inclusive Finance for MSMEs (FINCLUDE), Building Resilient Digital Infrastructure for Growth (BRIDGE), and Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW)—all focused on expanding access to finance, strengthening institutions, and mobilising private capital.