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Corruption, Ravaging Nigeria Under Buhari, SGF, Sagay, Others Cry Out …Vacate Office If You Can’t Lift Nigerians Out Of Poverty, President Told

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The Secretary to the Government of the Federation, Boss Mustapha; and the Chairman, Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay (SAN), yesterday, lamented that despite concerted efforts by the President Muhammadu Buhari’s led administration to eradicate corruption, the scourge still ravages the country.
The duo among other stakeholders spoke at an event in Abuja where they highlighted steps that needed to be taken to strengthen the government’s anti-corruption agenda.
Also at the event: “One-day Dialogue Session on Strengthening the Anti-Corruption Agenda: Ensuring Accountability and Transparency,” goodwill messages were delivered on the subject matter by the Chairman, Senate Committee on Anti-corruption and Financial Crimes, Senator Sulieman Kwari; the Director of Centre for Democracy and Development (CDD) and organisers of the event, Idayat Hassan and Director, Africa Office, MacArthur Foundation, Kole Shettima, the funding partner.
The SGF, who spoke through the Permanent Secretary, Special Services, Amina Shamaki, disclosed that the Buhari administration had since 2015, recorded “unprecedented level of successes” in the fight against corruption by securing “the most number of convictions, including very high-profile personalities” and making “world-record recoveries in terms of money and assets.”
He, however, lamented that despite the successes recorded, the anti-graft war had not been won.
He said: “Nonetheless, we should not rest on our oars with the illusion that the war has been won despite the level of the successes I have enumerated.
“While the fight has been very successful in tackling monumental corruption, less grandeur cases are perceived and even reported.
“While the government has displayed uncommon courage to relieve its appointees especially, in its agencies, of their positions and responsibilities, there still exist some level of infractions on Public Procurement Act, and other laws. These tend to diminish the efforts of government in this direction.”
While proffering solution to end the scourge, the SGF expressed the need to bring about “innovative legislations, policies and measures to deal decisively with the lingering acts of corruption.”
In addition, he posited that the roles of audit departments/units and auditors in aiding and abetting corruption in ministries, departments and agencies should be addressed.
To this end, he called for the prosecution of auditors who sanction corrupt payments alongside the main culprits in corruption cases.
He added: “I should like to see the Office of the Auditor-General for the Federation come up with innovative policies and measures to empower auditors to halt any payment that is clearly in breach of Public Procurement Act, Financial Regulations, Public Service Rules in particular, and other laws, in general.
“For such auditors that compromise, or are complicit, such policies and measures should isolate them for disciplinary action which should not preclude prosecution.”
On his part, Prof. Itse Sagay noted that the consequence of corrupt acts, included “massive unemployment, unequipped clinics, and hospitals, wretched schools, colleges, and universities without facilities, bad roads, lack of electric power and so on.
“Deaths on the roads, deaths in hospitals, deaths in maternity facilities, militants, kidnappers, armed robbers, murders, suicides are also a direct product of this Nigerian culture,” he added.
As a short-term solution to the corruption problems, Sagay suggested that “the existing Nigerian Financial Intelligence Unit structure be adopted as the centre of Nigeria’s intelligence databank for sharing information and intelligence on corruption.”
Adding his voice to the issue, the CDD Director, Hassan, who spoke through the Senior Programme Officer of the organisation, Lukman Adefolahan, also said “a lot more still needs to be done to strengthen the fight against corruption, promote accountability and transparency”, despite “the great strides” that had been made in the fight against graft.
“These different dimensions of corruption have characterised Nigeria’s landscape and by implication made it be consistently rated among the most corrupt countries in the world by Transparency International in its Corruption Perception Index.”
She accordingly called for “pragmatic measures to curb corruption to safeguard Nigeria’s future given the implication of the problem on security, political, social, and economic prospects of the country.”
But Kwari said the Senate through its committee on Anti-Corruption and Financial Crimes “is also reviewing all the anti-corruption and financial legislations with a view to bringing them in line with current day realities and making them more effective.”
Meanwhile, a leading legal practitioner in Nigeria and President of the Caleb and Greg Foundation (CAGG), Olusegun Bamgbose, has said that President Muhammadu Buhari should have nothing doing in the State House, if he can’t tackle poverty.
He called on the President to declare war on poverty and joblessness among the youths in the country.
Bamgbose had earlier told newsmen that he can fix Nigeria in 24 hours, if he takes over from Buhari in 2023.
In a statement, yesterday, the senior lawyer said, “Extreme poverty in Nigeria is alarming and assuming a new and dangerous trend. Most recently the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, asserted that 90 million Nigerians are living in extreme poverty.
“This is actually not shocking but a sad one. If these Nigerians were a country, it will be more populous that Germany. It’s really not good news because almost six people in Nigeria fall into poverty trap every minute.
“We, therefore, call on Buhari’s government to declare total war against extreme poverty and go further to declare state of emergency on joblessness in the country. Wars can’t be fought without weapons.
“The weapons should be pragmatic and purposeful programs that will clearly minimize poverty in Nigeria.
“The World Poverty Clock has clearly indicated that if nothing seriously and sustainable is done to curtail poverty, Nigeria might be home to 120 million people living in extreme poverty come 2030.
“This is dreadful. I want to say here with all sense of responsibility that this is certainly not the best of time for President Buhari to be out of the country for more than five days.
“The economic status of Nigeria being the poverty capital of the world must change.
“Something urgent and cogent must be practically done to nip in the bud this perennial problem of poverty, hardship and joblessness.
“The introduction of N-Power is quite good but more is expected from the government to reduce meaningfully the poverty trend in Nigeria.
“Poverty and joblessness breed crime and violence. Our youths are finding crime attractive because the jobs are not there.
“No country in the world has ever succeeded in curbing the wave of crime without first tackling poverty headlong.
“Mahatma Gandhi once said that poverty is the worst form of violence. It’s not in doubt that poverty is a nightmare.
“The government must search for extraordinary ways through which poverty will be minimized if not eradicated.
“It won’t be out of place to come up with a committee with a mandate to come up with blueprints on how jobs can be created and poverty minimized.
“If this government can’t find a way to minimize poverty then the government has failed in its responsibility.
“President Buhari has nothing doing in State House if he can’t tackle poverty. On our part as Foundation, we shall launch LEAP Community in 2020.
“Let’s Eradicate Abject Poverty (LEAP). It’s our expectation that about 25 million Nigerians will be part of the community.
“Our main aim is to join forces with the government and stakeholders to eradicate poverty in Nigeria not later than 2030. We, however, expect President Buhari to take the lead in fighting poverty.
“Our universities turn out graduates every year but joblessness stares at them. Crime and prostitution are now on the increase as a result of poverty and joblessness. The time to act decisively is now”, he added.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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