Politics
Leadership Failure Hindering Africa’s Growth, Dev – Obi
The presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Peter Obi, has identified leadership failure as the major challenge hindering the growth and development of Africa.
Mr Obi made this assertion in a statement via his official X handle on Monday.
According to Obi, the development of Africa may be impossible if the leaders do not get their acts right.
He said the continent had not dealt with its only challenge of leadership failure which has made the needed development and growth in Africa nearly impossible.
Mr Obi stated, “Unfortunately, Africa’s growth and development will continue to appear as an impossible dream if we do not deal with the only challenge facing Africa – leadership failure.”
The former Anambra State governor explained that while the continent is blessed with abundant human and natural resources, leadership failure had been its albatross.
He said, “Africa, as the second largest and second most populous continent in the world, with a population of over 1.4 billion people, is home to a youthful, and dynamic workforce with the largest concentration of working age population of about 1.1 billion people;
“which when combined with the abundance of huge natural resources ranging from minerals to ove r 874 million hectares of arable land for agricultural revolution, positions Africa as a key player in the global economy.”
According to Obi, to paraphrase Late Prof Achebe’s ageless words on Nigeria, ‘the trouble with Africa is simply and squarely leadership problem,’ caused mainly by the unwillingness of African leaders to rise to their leadership responsibilities.
The Labour Party presidential candidate alleged that governments across the continent have become “gigantic criminal enterprises.”
Obi said, “This is a point I’ve heard Prof. Lumumba make continuously. Governments in most African nations have become gigantic criminal enterprises where the citizens, especially our youths who have the talent and energy, to lead the world in technology, health;
“…and other areas, have watched their leaders shamelessly convert public wealth that should be used for a greater Africa, turned into private pockets. This criminal style of leadership tradition must be dismantled in order to guarantee the youths a future.
“The fate of Africa is in our hands; especially, in the hands of our youths. We can ignite the long overdue emancipation of the African continent, by adding our voices to the need for change, but more importantly, by committing to ending Africa’s leadership morass.”
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.
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.
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.
