Nation
ASUU Strike: FG Broke, Can’t Meet Demand -Okonjo-Iweala
The Federal Government has yesterday declared that it does not have the resources to meet the N92 billion financial demands of the Academic Staff Union of Universities (ASUU).
The Federal Government said in very plain language that: it is broke.
The Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, in a speech at the opening of a two-day meeting of Commissioners of Finance and Accountant-Generals of State Ministries of Finance, in Minna Niger State, said the N92 billion being demanded by the university lecturers is not within the reach of Government.
According to her: “At present, ASUU wants the Federal Government to pay N92 billion in extra allowances when the resources are not there and when we are working to integrate past increases in pensions.
“We need to make choices in this country as we are getting to the stage where recurrent expenditures take the bulk of our resources and people get paid but can do no work.
“Since I assumed office, the share of recurrent expenditure in our total budgets had increased astronomically.
“In fact, recurrent expenditures accounted for about 77.2 per cent of the Federal Budget and we are now working to re-balance this ratio.
“The country is still suffering from the effect of the 2010 increase in salary.
“Do we want to get to a stage in this country that all the money we earn is used to pay salaries and allowances?”
Okonjo-Iweala said at the meeting with the theme: “Restructuring Nigeria’s Finances”, that the N92 billion being demanded by the university lecturers is just not available.
“If the demands of the university lecturers are met and we continue to pay them salaries and allowances, we will not be able to provide infrastructure in the universities,” she said.
The minister also lamented that Nigeria’s over-dependence on oil has resulted in the deterioration of the nation’s non oil tax, noting that in 1970, non oil taxes accounted for 74 per cent of Nigeria Government’s revenues but by 2012 it had declined to only 30 per cent.
She said: “Many states and local governments are also dependent on monthly revenue allocation from the central government.
“On average, only 11 per cent of sub-national revenue was obtained from internally generated sources.”
Okonjo-Iweala disclosed that the volume of external and internal debts of the country has been on the increase, adding: “In fact, in August 2006 when I left office, we had a total of $17.3 billion comprised of $3.5 billion in foreign debt and $13.8 billion in domestic debt.
“By 2011 when I returned to office, the total debt now stood at $447.9 billion and the domestic debt had now grown to about $42.3 billion.”
The Minister however said the Federal Government has taken measures to revamp the economy, adding that these measures have started yielding fruitful dividends in the areas of direct capital investment in the country and in the establishment of industries and agro based firms.
Governor Babangida Aliyu of Niger State in his address read by his Deputy, Hon. Ahmed Ibeto, asked the Federal Government to plug all the areas of wastages in the oil sector of the economy and also check pipeline vandalization across the country.
Aliyu suggested that Nigeria should pay more attention to the non oil sector of the economy, especially agriculture, now that many countries have discovered and are now refining oil.
Nation
Cleric Preaches Love As Deputy Governor, Chief Judge Grace Wedding In PH
The Presiding Bishop of Kingdom Life Gospel Ministries Outreach, Port Harcourt, Bishop Victor Uzosike, has described love as the bedrock of human existence, family stability and societal harmony, stressing that without love, nothing meaningful can thrive.
Bishop Uzosike made this assertion while speaking to journalists during the wedding ceremony of his daughter, Praise Uzosike, to Architect Chibuzor Akubueze on Saturday, December 20, 2025. The solemnisation was held at the Kingdom Life Gospel Ministries Outreach, Port Harcourt, and was attended by dignitaries from across Nigeria and beyond.
According to the cleric, love is not only the foundation of relationships but also a powerful force that determines the success of individuals, families and communities.
“If you do not love a place, that place will not bless you. If you do not love your children, they will not be useful to you. If you do not love your family, your family will become a strange island to you. What you do not love, you do not have. Love is the key,” he said.
Reflecting on his family’s journey, Bishop Uzosike said God’s love had sustained them through seasons of challenges and triumphs, noting that unity had remained their greatest strength.
“We have stayed together as one family. God has shown us love in miraculous and mysterious ways, especially during difficult times,” he stated.
Describing the wedding as an amazing and beautiful experience, the bishop expressed appreciation for the show of love from his daughter’s friends, many of whom travelled from the United Kingdom and Ghana to attend the ceremony. He revealed that some of them personally paid for their flights and accommodation, which he described as a rare display of genuine friendship.
He also disclosed that his first daughter, who lives in Manchester, United Kingdom, with her husband, could not attend the wedding due to tight schedules, but noted that she remains happily married and fulfilled.
While thanking guests for honouring his family with their presence, prayers and goodwill, Bishop Uzosike said he felt proud and grateful to God.
“One of the greatest gifts God can give to a man is children who are sound in all ramifications. My children can see, hear, speak and walk. That alone is enough reason to be grateful,” he said.
He praised the bride, describing Praise as an exceptional achiever who had distinguished herself academically. According to him, she completed secondary school at 15, graduated with First Class honours at 19, and earned distinctions in her MBA as well as her first and second master’s degrees.
“For a long time, people believed that highly educated women may not marry early or at all. Today, Praise has proved otherwise. She has made her mother and me very proud,” he said, describing her as a rare gem.
Bishop Uzosike also expressed joy over his son-in-law, whom he described as God-fearing, disciplined and professionally sound.
“He is well brought up, passionate about God and morally upright. His parents did a great job. My wife, Pastor Esther, also did an excellent job,” he added.
The wedding ceremony attracted prominent personalities, including the Deputy Governor of Rivers State, Prof. Ngozi Odu; the Chief Judge of Bayelsa State, Justice Matilda Ayemeyie; and several senior clerics.
Bishop Fidelis Ugbong officiated the solemnisation, while Apostle Chika Onuzo delivered the sermon, identifying communication, sex and money as key factors that can strengthen or weaken marriages.
Prof. Ngozi Odu also prayed for the couple and paid glowing tributes, drawing admiration from attendees.
The reception, held at the Golden Tulip Hotel, Port Harcourt, was equally colourful. Justice Matilda Ayemeyie proposed the toast, describing marriage as not always a bed of roses and emphasising patience, commitment and understanding.
The event was chaired by Chief Henry Nwabugo and attended by notable personalities, including retired Supreme Court Justice Mary Odili; Apostle David Zilly-Aggrey; Hon. Otunba Jumbo; Nze Best Anele; and Prof. Henry Ogiri, among others.
Guests were entertained with dance performances by the couple, while the parents’ outing added elegance to the celebration. The master of ceremonies, Ambassador Kingsley, kept the audience engaged with humour and interactive sessions.
Overall, the wedding was a remarkable blend of spirituality, culture and celebration, marked by love, joy and unforgettable moments.
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