Politics
2023: No Credible Leader Can Emerge Via 1999 Constitution, Afe Babalola Insists
Legal icon and elder statesman Afe Babalola has reiterated that the 1999 Constitution will not guarantee the emergence of credible leaders at the next month’s general elections.
“Unless a new constitution similar to those of 1960 and 1963 Constitutions, with necessary amendments, is put in place, none of the aspirants, and indeed no angel, can save Nigeria from total collapse,” he said at a news conference on Wednesday in Ekiti.
He was reacting to the adoption of Peter Obi, the presidential candidate of the Labour Party by former President Olusegun Obasanjo.
Mr Babalola recalled urging the federal government to suspend the general elections and raise an interim government.
“I still stand by my suggestion that any election conducted under the 1999 Constitution cannot and will not produce new leaders with new ideas.
“Any election conducted under the 1999 Constitution will merely result in recycling the same people who brought Nigeria to grinding poverty, mass unemployment, underfunded education, insecurity and huge external debts,” Mr Babalola said.
The elder statesman noted that only a moneybag and not the best-qualified candidates could win the February presidential election under the present constitutional arrangement.
He explained that the LP presidential candidate’s adoption by former President Obasanjo was his right of expression and might result from the contestant’s acclaimed untainted records of character and sound education.
He stressed that the 1999 Constitution needed to be revised to produce the type of change agent and developmental leader Mr Obasanjo had in mind.
“If I contest for political office today, I will fail, not because I am not qualified, but because the system will make me not to win.
“I have no sympathy for any Nigerian aspiring to rule Nigeria in any form, whether as a legislator, governor or president.
“The fact remains that the 1999 Constitution, on a large scale, is the root cause of economic, social, political and religious problems in the country today.
“The new constitution should provide for stringent conditions in respect of age, academic qualifications, character and personality, as well as the family background of candidates, especially for the presidency and the National Assembly,” Mr Babalola said.
He also noted that Nigeria’s external debt had risen to N42.84 trillion as of June 30, 2022, while domestic debt servicing rose to N5.24 trillion in the same period.
He said that any Nigerian aspiring to lead the country ought to be worried about the country’s debt profile and advocated for urgent measures to defray the huge foreign debts.
“In addition, the government should emulate Obasanjo’s example by approaching the country’s creditors, either for total debt forgiveness or for substantial reduction of the debts,” the legal luminary stressed.
Politics
Senate Receives Tinubu’s 2026-2028 MTEF/FSP For Approval
The Senate yesterday received the 2026-2028 Medium Term Expenditure Framework and Fiscal Strategy Paper from President Bola Tinubu, marking the formal launch of the 2026 federal budget cycle.
In a letter addressed to the upper chamber, Tinubu said the submission complies with statutory requirements and sets out the fiscal parameters that will guide the preparation of the 2026 Appropriation Bill.
He explained that the MTEF/FSP outlines the macroeconomic assumptions, revenue projections, and spending priorities that will shape Nigeria’s fiscal direction over the next three years.
The letter was read during plenary by the Deputy President of the Senate, Senator Barau Jibrin (APC, Kano North), who urged lawmakers to expedite consideration of the document.
“It is with pleasure that I forward the 2026 to 2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper for the kind consideration and approval of the Senate.
“The 2026 to 2028 MTEF and FSP were approved during the Federal Executive Council meeting of December 3, 2025, and the 2026 budget of the Federal Government will be prepared based on the parameters and fiscal assumptions therein,” the President stated.
Last week, the Federal Executive Council approved the fiscal projections, pegging the oil benchmark price at $64.85 per barrel and adopting a budget exchange rate of ?1,512/$1 for 2026—figures expected to significantly shape revenue forecasts and expenditure planning.
After reading the President’s letter, Jibrin referred the document to the Senate Committee on Finance, chaired by Senator Sani Musa (APC, Niger East), with a directive to submit its report by Wednesday, December 17.
The Senate adjourned shortly after to allow committees to commence scrutiny of the fiscal framework and continue the ongoing screening of ambassadorial nominees.
Tinubu’s communication to the Senate came less than 24 hours after he transmitted the same MTEF/FSP documents to the leadership of the House of Representatives.
The letter was read on the House floor by the Deputy Speaker, House of Representatives, Benjamin Kalu, who also urged timely legislative action as required by law.
The MTEF and FSP are statutory instruments mandated by the Fiscal Responsibility Act and serve as the blueprint for Nigeria’s annual budgets.
They outline the government’s fiscal stance, macroeconomic assumptions, revenue frameworks, projected deficits, and sectoral priorities over a three-year period.
The Tide reports that approval by the National Assembly is a prerequisite for the executive to present the Appropriation Bill for the next fiscal year.
Politics
Withdraw Ambassadorial List, It Lacks Federal Character, Ndume Tells Tinubu
In a statement on Saturday, the former Senate Leader stated that the allocation of nominees across states and geopolitical zones falls short of the constitutional requirement for fair representation in the composition of the Federal Government.
The ex-Senate Whip warned that allowing the list to pass could deepen ethnic suspicion at a time when the administration should be consolidating national unity.
He highlighted disparities in the spread of nominees, noting that while some states have three or four slots, others have none. He also cited the inclusion of Senator Adamu Garba Talba from Yobe, who reportedly died in July.
“The entire North-East states have seven nominees in the list. Further checks revealed that the South-West geo-political zone has 15 nominees, while North-West and South-East have 13 and 9, respectively.
“North-Central region has 10 nominees in the list of career and non-career ambassadorial nominee while South-South parades 12 nominees,” Senator Ndume said.
According to him, such imbalances could heighten tensions and undermine Section 14(3) of the Constitution.
“My sincere appeal to President Tinubu is to withdraw this list. At this critical juncture in his administration, he should avoid missteps that could undermine national unity and foster ethnic distrust.
“I know him to be a cosmopolitan leader who is at home with every segment and stakeholder in the country. He should withdraw that list and present a fresh set of nominees that will align with the spirit of the Constitution on the Federal Character Principle,” Senator Ndume added.
Politics
PDP Vows Legal Action Against Rivers Lawmakers Over Defection
He accused the legislators of undermining the sanctity of the legislature and acting as instruments of destabilization.
“The members of the Rivers State House of Assembly have, by their actions since they assumed office, shown that they are political puppets and a clog in the wheels of democratic progress,” Comrade Ememobong stated, adding that “They will go down in history as enemies of democracy and those who made mockery of the legislature.”
“So the easiest way to describe their action is a defection from APC to APC,” he said.
Comrade Ememobong announced that the party would deploy constitutional provisions to reclaim its mandate from those who have “ignobly and surreptitiously” abandoned the platform on which they were elected.
“Consequently, the PDP will take legal steps to activate the provision of the Constitution of the Federal Republic of Nigeria (1999 as amended) to recover the mandate gained under the banner of our party which these people have now switched to another platform,” he said.
He urged party members in Rivers State to remain calm and steadfast.
“We urge all party members in Rivers State to remain faithful and resolute, as efforts are underway to rebuild the party along the path of inclusiveness, fairness and equity,” Comrade Ememobong assured.
