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2023 Elections:Atiku Promises To Fight Hunger

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Former Vice President Atiku Abubakar with Dr Michael Olawole

 

The People’s Democratic Party presidential candidate in the forthcoming general elections Atiku Abubakar has promised to lead Nigeria out of darkness by stimulating growth that will create jobs and wage war against hunger if elected into power.

The former vice President made the pledge at the Private sector economic forum on the 2023 presidential election, which was hosted in Commerce House, Victoria Island Lagos today, by the Lagos Chamber of Commerce and industry.

In an address presented by the President of the Chamber, Dr Michael Olawale Cole, he warmly welcomed the participants and enumerated the status of LCCI which was established in 1888 as the foremost Chamber of Commerce and Industry in West Africa, representing over 70% of private sector organizations in Nigeria.

In his words, the President stated that “while the Chamber is non-partisan, we are however interested in the economic agenda of the candidates and their plans to make a better Nigeria in the next dispensation”. He promised that members of LCCI wish to contribute in setting a new economic order that can take the Nigerian economy from the doldrums and reemphasized that the gathering was necessary in order to fashion out new policy directions, institutional reforms and sound governance as critical elements toward creating a new economic order in Nigeria.

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The president maintained that the Chamber has organized similar session in every election circle within the past 16 years as its public policy advocacy to provide a first-hand opportunity for the leading political parties to speak to the organized private sector on their economic blueprint for Nigeria. Dr Cole was vocal in highlighting the myriads of challenges confronting the nation which include oil theft, unsustainable subsidy regime, insecurity and the current foreign exchange crisis and mentioned the need for the incoming government to pay special attention in education, as that will determine the future of the Nigerian youths.

In his presentation titled “Nigeria dresses in borrowed robes”, the PDP presidential candidate Atiku Abubakar used the opportunity to acknowledge the President and members of the Chamber for initiating such an intellectual gathering where germane issues affecting the growth of the country are discussed.

He stated how comfortable he was in the midst of captains of industry, entrepreneurs and businessmen and women which as a private sector person, it was like a home coming to him which he simply defined as a meeting of like minds.

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Atiku stated that in times of uncertainties, it is the hallmark of leadership for business and political actors to pause and anticipate before taking the next steps.

He maintained that our actions today will have consequences on our tomorrow and the day after.

The former vice president charged the audience to take stock of the assets of the present day government (if there are any) and liabilities (which will be huge!!) and take a position as the 2023 polls draw near. In his words, “it is also your responsibility to interrogate those who aspire to govern the country by assessing their understanding of the environment, their policy priorities and their strategies for dealing with a plethora of local and national issues from the mundane to the most complex”.

Atiku warned Nigerians not to allow political slogans to take the place of development plan; hence political propaganda on facebook, tweeter and Instagram is never a substitute for proper socio-economic and political agenda. He maintained that the private sector remains the key to any government’s development agenda and any administration that wants to succeed must always listen to them.

He emphasized that private sector leadership in driving growth is the first of the three key principles of his economic growth and development agenda for Nigeria.

The former vice President made an elaborate presentation with statistics on why Nigerian economy is crawling rather than growing and emphasized that under the present administration, our people are not working. He enumerated clearly that more Nigerians are poorer and more miserable today than in 2015, with high capital flight which he summarized by saying that Nigeria is being dressed in borrowed robes.

Atiku stated that these economic challenges have persisted because the APC led government indulges in a policy of blaming the opposition and external factors for Nigeria’s economic woes; hence an unprepared leadership fails to anticipate impending crisis and is always slow to react.

He stated that the evidence however is overwhelming that the country’s under-performance is largely attributable to leadership failures in the management of the state.

Having identified the key indices inhibiting economic and socio-political growth of the nation, Atiku mentioned the importance of a warm hand shake with the private sector as a strong productive and pro-growth private sector is needed to create wealth, generate employment opportunities and help to fight poverty.

He promised to do things differently if he is elected the resident of Nigeria, by supporting the private sector to drive growth. Atiku promised to establish strong partnership in investing in infrastructure, in creating jobs and improving income in the fight against poverty.

He promised to restore investor confidence in the Nigerian economy with a better coordinated fiscal monetary policy that will control inflation, stabilize the exchange rate and interest rates that will be supportive of business quest for credit.

The former vice President promised to break the jinx in infrastructure financing and undertake far reaching institutional reforms to engender efficiency and reduce administrative costs.

Atiku mentioned that he has a good grasp of the challenges bedeviling Nigeria and knows the root causes of the problems confronting the country which he classified majorly as self inflicted and promised to reverse the trend with determination.

In his final words, Atiku assured the audience that he is not a novice in economic reforms and economic management matters. In his words, “I have a history of economic reform and economic transformation. With me at the helm of affairs of this country, the good old days of prosperity will return” and warned Nigerians never to hand over their future to a green horn.

 

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Arewa Youths Merger Group APC Raises Alarm Over Kachalla Maha,Seeks Barracks In Kano

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Coordinator, Comrade Musa Mujahid Zaitawa, has lodged a formal complaint with Nigeria’s Minister of Defence, Christopher Musa, requesting the urgent establishment of a military barracks in Northern Kano, particularly in communities along the Kano-Katsina border.

This was contained in a statement signed by the National Coordinator and issued to the press.

Comrade Zaitawa said the request follows publicized security threats in the area, including threats attributed to a notorious bandit leader, Kachalla Maha, who was reported to have threatened to infiltrate parts of Kano State.

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“Establishing a forward military base in this corridor will strengthen the efforts of President Bola Ahmed Tinubu and our security agencies to deter criminal activity, improve response time, and protect farming communities and travelers,” Comrade Zaitawa said.

The group also expressed concern about the political environment ahead of the 2027 elections. In the statement, the group said it has observed activities that it believes could undermine peaceful elections in Kano if not addressed. It called on the Presidency, the Office of the National Security Adviser, the National Assembly, and security agencies to ensure that all political actors and security personnel operate within the law and remain neutral.

The Arewa Youths Merger Group further noted an incident involving the arrest of its spokesperson, Mustapha Dan Muhammad, by security operatives. The group called for due process and respect for the rights of citizens and civic groups.

The group reaffirmed its commitment to supporting peace and democracy. It said it is engaged in voter education, campaigns against thuggery and drug abuse, and youth empowerment through skills training in Kano.

“We support the federal and Kano State governments in their efforts to secure the state. We urge all stakeholders to ensure a level playing field and a peaceful electoral process in 2027,” the statement added.

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Okonjo-Iweala to Tinubu: Borrow Cautiously, Reforms Should Create Jobs for Nigerians

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By Yusuf Danjuma Yunusa

The director-general of the World Trade Organisation, Ngozi Okonjo-Iweala, has urged the Nigerian government to be careful about borrowing and managing the country’s debt, saying economic reforms must improve the lives of ordinary Nigerians.

She also called on the government to sustain ongoing reforms while creating more jobs and economic opportunities for the country’s growing youth population.

Mrs Okonjo-Iweala spoke on Wednesday at the seventh Africa Emerging Markets Forum in Abuja.

Commending the Central Bank of Nigeria for its monetary and foreign exchange reforms, Ms Okonjo-Iweala urged Nigeria to continue broader economic reforms while remaining disciplined in managing its finances.

“Nigeria needs to continue the work on overall macroeconomic reforms with a careful approach to fiscal issues, contracting of debt and debt management,” the WTO chief stated.

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According to the latest data from the Debt Management Office, Nigeria’s total public debt stood at N159.28 trillion at the end of December 2025, rising by N14.61 trillion, or 10.10 per cent, from N144.67 trillion recorded at the end of 2024. The figure covers the debt owed by the federal government, the 36 states and the Federal Capital Territory. The government is also expected to continue borrowing this year to finance its 2026 budget deficit.

Mrs Okonjo-Iweala said the success of Nigeria’s reforms should not be measured only by improvements in economic indicators. Instead, she said Nigerians must begin to experience better living conditions through more jobs and opportunities.

“Above all, Nigeria needs to focus on creating jobs and economic opportunities for a young and hungry population. Nigerians have to feel the dividends of reform in the real economy,” noted the WTO chief.

Nigeria has one of the world’s youngest populations, with millions of young people joining the labour market every year. However, many struggle to find decent jobs, making employment one of the biggest economic challenges in the country.

Since President Bola Tinubu assumed office in May 2023, his administration has introduced major reforms, including the removal of petrol subsidy and the liberalisation of the foreign exchange market.

The policies have pushed up the cost of living, with many Nigerians facing higher prices for food, transport and other essentials. Although inflation has slowed in recent months, prices remain high.

The National Bureau of Statistics said Nigeria’s headline inflation rate eased slightly to 15.91 per cent in June 2026 from 15.93 per cent in May. Food inflation, however, increased to 17.52 per cent, showing that many households are still paying more for basic food items.

For opportunities, Ms Okonjo-Iweala said countries that maintain stable economic policies and improve their business environment will be better placed to benefit from changes in global trade.

She noted that companies are increasingly looking for new places to invest and diversify their supply chains, creating opportunities for countries that can offer stability and predictable policies and urged Nigeria to continue strengthening its economy so it can attract long-term investment and create more jobs for its people.

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U.S. Discontinues Routine Visa Services in Abuja, 24 Other African Cities

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By Yusuf Danjuma Yunusa

The U.S. government says routine visa services in Abuja and 24 other African cities will end on August 1.

“Effective August 1, 2026, the Department of State will realign routine visa services in Antananarivo, Abuja, Asmara, Bamako, Banjul, Brazzaville, Bujumbura, Conakry, Cotonou, Durban, Freetown, Gaborone, Harare, Juba, Libreville, Lilongwe, Lusaka, Maputo, Maseru, Mbabane, N’Djamena, Niamey, Nouakchott, Ouagadougou, and Windhoek to a regional visa hub,” the agency stated.

It noted that citizens and residents of the affected countries who wish to apply for a visa on or after August 1, 2026, must schedule an appointment and pay the required visa fee at the appropriate designated non-immigrant visa locations or designated immigrant visa locations.

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From August 1, Nigerians who want to process a U.S. visa would have to travel to the U.S. consulate in Lagos.

According to a statement on July 23 by the agency, the move is “realigning visa operations in Africa to regional hubs, part of a long-standing Department practice that strengthens national security by promoting more uniform screening, vetting, and adjudication standards, as well as improves efficiency”.

Last June, reports had it that Abuja was missing from President Donald Trump administration’s shortlist of 20 African cities where foreigners seeking to travel to the U.S. can process visa applications.

The U.S. currently has around 50 embassies and consulates across Africa that process visa applications, but the new move by the State Department will slash that number to 20 amid Mr Trump’s crackdown on immigration.

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