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Lai Mohammed Responds To Obasanjo’s Letter To Buhari

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The Minister of Information and Culture, Lai Mohammed has responded to the letter released by former President Olusegun Obasanjo, urging President Muhammadu Buhari not to seek re-election in 2019.

Below is a transcipt of Lai Mohammed’s response:

We have read the press statement by former President Oluseg

un Obasanjo on the State of the Nation.”

FIRS

“For the record, Chief Obasanjo is a patriot, and he has proven this time and time again. We appreciate what he said concerning the Administration’s performance in two out of the three key issues that formed the plank of its campaign: Fighting corruption and tackling insurgency. Specifically, the former President said President Buhari
must be given credit for his achievement so far in these two areas. We thank him for this.

“”Apparently, the former President believes that the Administration does not deserve a pass mark in the area of the economy, which is the third of our three-pronged campaign promises.”

 

We have no doubt that in the face of massive challenges in this area, this Administration has availed itself creditably. We believe that Chief Obasanjo, because of his very busy schedule, may not have been fully availed of developments in the government’s efforts to revamp the economy, which was battered by the consequences of over-dependence on a commodity as well as unprecedented pillaging of the treasury.””

“Today, most of the indices by which an economy is measured are looking up. Permit me to say, however, that Nigeria would not have exited recession through a mere order or if the Administration had not made use of ”good Nigerians” who could help.

This Administration is making steady progress in its determined effort to revamp the economy, and the results are showing:

* Foreign Reserves have peaked at $40b, the highest level in about four years, and up from $24 billion just a year ago, even though when we came in, the price of oil had crashed woefully.

* According to the National Bureau of Statistics (NBC), headline inflation has fallen for 11 consecutive months, standing at 15.37% as at Dec. 2017. This is the lowest inflation rate since Jan 2017, and it has met and surpassed the target set for inflation in the Administration’s Economic Recovery and Growth Plan (ERGP).

* Our determined implementation of the Treasury Single Account (TSA) has stopped the hemorrhaging of the treasury. Some 108 billion Naira has been saved from removal of maintenance fees payable to banks, pre-TSA. The nation is being saved 24.7 billion Naira monthly with the full implementation of the TSA.

* The elimination of ghost workers has saved the nation 120 billion Naira

* At about 1.8 billion dollars, the capital inflows in the second quarter of 2017 were almost double the $908 million in the first quarter.

* In the wake of a stable Naira and increased investment inflows, Nigeria’s stock market emerged one of the best-performing in the world, delivering returns in excess of 40 percent.

* Nigeria rose 24 places on the World Bank’s Ease of Doing Business ranking, and earned a place on the List of Top 10 Reformers in the world.

* According to Q3 2017 figures, agriculture export is up year-on-year by 25%, solid minerals exports are up year-on-year by 78%, raw materials exports are up 70% year-on-year and manufactured goods exports are up 22% year-on-year.

* Government agencies such as the Nigeria Customs Service are reporting highest-ever revenue collection, while JAMB, under the new management appointed by President Buhari in 2016, remitted N7.8 billion to the coffers of the federal government. The total amount remitted by JAMB between 2010 and 2016 was a paltry N51 million!

“These positive indices may not have immediately impacted positively on Nigerians, but Nigerians will definitely get a new lease of life a short while from now. This is because the good news from the agricultural sector, which is recording a bumper harvest, will bring down the cost of foodstuffs, especially such staple as rice, and our massive Social Investment Programme will ease the pain of the most vulnerable in the society.”

“When we assumed office in 2015, some 6 million farmers were involved in rice production. Thanks to the Anchor Borrowers’ programme of this Administration, we have grown that number to over 12 million farmers.
The result is that our rice import from Thailand alone has dropped from 644 metric tonnes to 22,000 MT in just two years. This is phenomenal.”

“Apart from rice, Nigeria is also doing well in other grains, especially Millet, Sorghum and Maize. We are now the second largest producer of sorghum after the US, the third in millet after India and our breweries are now enjoying local sourcing of those commodities. ”

“For maize, we are producing 10 million tons while we need about 13 million tons for both human and animal nutrition. Nigeria leads the world in the yam and cassava production. We account for 70% of the
world’s yam production. In two years, we hope to be the world’s largest exporter of yam! Overall, our ambition is that agriculture should rise from 25% to 40% of GDP, so that we can banish poverty and overcome our economic anxiety.”

“Our Social Investment Programme is Nigeria’s most ambitious social welfare programme ever. Currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduates have enlisted into the N-power Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers.”

“Finally, our investment in infrastructure is simply unprecedented. This is because infrastructure is key to faster economic growth and development.”

Here is a synopsis of what we have done in this area:

* Power Generation at an all-time high of 7,000mw and all can be transmitted

* RAIL: Lagos-Kano Standard Gauge is on. Lagos-Ibadan sector ready 2019, Kano-Kaduna ready 2019; The entire stretch ready 2021; Negotiations on for Coastal Rail covering 15 cities from Lagos to Calabar.

* ROAD: 25 major highways being funded with the N100b Sukuk Bond, and
all geo-political zones are benefitting equally

“This Administration is not unaware of the enormity of the challenges facing the nation, but we are up to the task. We have taken the bull by the horns, and long-suffering Nigerians will begin to experience a new lease of life as our efforts yield fruits. We will not go into a state of funk for whatever reason.”

“On the Herders/Farmers’ clashes, this Administration is determined to end the crisis resulting from this once and for all, not minding that fact that the clashes predate us. I will urge Nigerians to have faith in the Administration’s ability to resolve the crisis, and to watch out for concrete measures in this regard.”

“On whether or not President Muhammadu Buhari should run for another term, it is true that many Nigerians have been calling on the President to run again, while others are opposed to his return.”

“However, we believe this issue is a distraction for the President at this time. This is because Mr. President spends every waking hours tackling the enormous challenges facing the nation, most of which were bequeathed to his Administration by successive past Administrations. ”

“He is committed to fulfilling the mandate given to him by Nigerians in 2015. And that’s where we are right now!

“Finally, we have no reason to believe that former President Obasanjo has any motive beyond the well-being of the nation in issuing his Special Press Statement. We have also taken his admonition in good faith, and we thank him most sincerely for taking time off his busy schedule to pen such a long statement.”


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Defence HQ Denies Coup Attempt, Says Independence Anniversary Cancellation Not Linked to Any Plot

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Defence Headquarters denies coup attempt report
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The Defence Headquarters (DHQ) has dismissed as false and misleading reports suggesting that the cancellation of activities marking Nigeria’s 65th Independence Anniversary was connected to an alleged attempted military coup.

In a statement on Sunday, the DHQ clarified that there was no coup attempt or any plan to destabilize the country, describing the report as a fabrication aimed at causing unnecessary panic among citizens.

“The Defence Headquarters wishes to state categorically that the report linking the cancellation of activities marking Nigeria’s 65th Independence Anniversary to an alleged attempted military coup is false and misleading,” the statement read in part.

The military urged members of the public to disregard the rumor and cautioned media organizations and social media users against spreading unverified information capable of undermining national security.

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The Defence Headquarters has dismissed as false reports linking the cancellation of Nigeria’s 65th Independence Anniversary celebrations to an alleged coup attempt, reaffirming its loyalty to democratic governance.
The Defence Headquarters has dismissed as false reports linking the cancellation of Nigeria’s 65th Independence Anniversary celebrations to an alleged coup attempt, reaffirming its loyalty to democratic governance.

The statement reaffirmed the Armed Forces’ unwavering loyalty to the Constitution and commitment to democratic governance under President Bola Ahmed Tinubu.

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Business

Unity Bank Corpreneurship Challenge Empowers 578 Young Entrepreneurs, Awards ₦16 Million to 30 New Winners

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- The three winners of the Corpreneurship Challenge in Lagos pose with their cheques
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No fewer than 578 young entrepreneurs across Nigeria have benefitted from Unity Bank’s Corpreneurship Challenge the Bank’s flagship entrepreneurial development initiative launched a few years ago.

Over this period, the Bank has invested in supporting budding entrepreneurs across multiple sectors to start businesses, create jobs, and contribute to Nigeria’s economic growth.

The ongoing initiative recently produced 30 new winners, who received a total grant of ₦16 million during the Batch B, Stream II edition of the National Youth Service Corps (NYSC) orientation course, held across 10 states of the federation.

The winners, innovative young entrepreneurs developing solutions across various value chains such as fashion design, bag making, pastry and beverage production, event management, and vegetable farming, emerged after pitching their business ideas during the challenge at NYSC Orientation Camps in Lagos, Delta, Kaduna, Jigawa, Kwara, Benue, Abia, Kogi, Rivers, and Plateau States.

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At the NYSC Orientation Camp in Ipaja, Lagos State, Fiyinfoluwa Titilayo Ojo, who pitched a soap-making enterprise, emerged the overall winner to clinch the ₦800,000 grand prize. Ndukwe Chiamaka Joan, with her innovative Small Chops business proposal, claimed ₦500,000 as first runner-up, while Barakat Modinat Olamide secured ₦300,000 to support her beverage-making venture.

A cross section of participants in the pitch competition

Expressing her excitement after emerging as the overall winner in Lagos, Fiyinfoluwa Titilayo Ojo described the experience as life-changing, stating, “I’m truly grateful to Unity Bank for this opportunity. Winning the Corpreneurship Challenge has given me the push and confidence I needed to scale my soap-making business. Beyond the grant, the experience taught me how to structure my business better and believe in its potential. It’s amazing to see a bank that genuinely invests in young people’s dreams.”

Across the remaining nine states, 27 other winners also emerged after pitching diverse business ideas ranging from fish and poultry farming to printing, piggery, and cake production.

Over the past six years, the Unity Bank Corpreneurship Challenge has become an integral part of the NYSC programme, aligning with the Federal Government’s drive to upskill young graduates and promote entrepreneurship amid the scarcity of white-collar jobs. Each edition attracts thousands of entries from corps members whose business plans are evaluated for originality, marketability, job creation potential, and overall business acumen.

Speaking during the grand finale in Lagos, Unity Bank’s Divisional Head, Retail & SME, Mrs. Adenike Abimbola, reaffirmed the Bank’s commitment to empowering Nigerian youth through enterprise. She said:

“At Unity Bank, we believe that the energy and creativity of young Nigerians are vital to the nation’s economic transformation. The Corpreneurship Challenge is our way of nurturing this potential — by giving corps members the financial boost, mentorship, and confidence to turn their ideas into thriving businesses. Seeing over 578 young entrepreneurs already impacted motivates us to keep expanding the initiative and deepening our support for the SME ecosystem.”

The Corpreneurship Challenge has earned Unity Bank national recognition for its role in youth empowerment and job creation, attracting over 2,000 applicants per edition.

In partnership with the NYSC Skill Acquisition and Entrepreneurship Development (SAED) programme, the initiative continues to serve as a launchpad for youth-owned enterprises, offering grants of up to ₦800,000 to help corps members turn their business dreams into reality.

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16 Nigerian Military Officers Arrested Over Alleged Coup Plot to Oust President Tinubu

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16 Nigerian Military Officers Arrested Over Alleged Coup Plot to Oust President Tinubu
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At least sixteen senior military officers have been arrested by the Nigerian Armed Forces over an alleged plot to overthrow President Bola Tinubu’s administration, according to top security sources.

According to Sahara Reporters Although the military publicly described the arrests as disciplinary actions linked to “failure in promotion examinations” and “career stagnation,” insiders told reporters the detained officers were accused of planning a coup d’état.

The Director of Defence Information, Brigadier General Tukur Gusau, confirmed the arrests but said they followed a “routine military exercise,” citing “indiscipline and breach of service regulations.”

However, intelligence gathered by the Defence Intelligence Agency (DIA) allegedly uncovered a plot led by a Brigadier General to “seize power from selfish politicians.” The officers, ranging from Captains to senior commanders, were reportedly picked up at various military formations across the country.

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Sources added that the October 1 Independence Day parade was abruptly cancelled after authorities discovered the conspirators planned to strike during the ceremony, allegedly targeting the President and other top officials.

The detained officers are currently being held at the DIA facility in Abuja pending further investigation.

Nigeria has witnessed five successful coups since gaining independence in 1960. Analysts warn that rising reports of corruption, low morale, and political interference within the armed forces have continued to fuel discontent among some military personnel.

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I will be receiving some notable figures from the ADC. – APC National Chair, Yilwatda.

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Professor Nentawe Yilwatda
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Next week, I will be receiving some notable figures from the ADC. – APC National Chairman, Yilwatda.

Professor Nentawe Yilwatda, the National Chairman of the All Progressive Congress (APC), has announced that several politicians from opposing parties are planning to join the ruling APC soon.

During a meeting with Plateau APC stakeholders held at Crest Hotel in Jos yesterday, Yilwatda shared this.

He said, “Next week, I will be receiving some notable figures from the ADC.

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“Some of those who had defected from PDP have reached out to ADC and are now returning to APC. Many of them have completed their ‘medicals’ and will be officially unveiled next week.

“In another two weeks, we will unveil yet another big figure who just finished his own ‘medicals.’

“He tried to unveil himself the day before yesterday, you probably saw it in the news. But officially, we’ll be receiving him soon. More people are coming. More senators are joining; more governors, more members of the National Assembly. The APC is the bride of the moment.

“Thank you so much for all you did—from the very beginning of my loss, through the burial, and even after.May God bless and reward you richly. I must also extend my deepest gratitude for how you stood your ground when we faced the setback at the Supreme Court.

“Many people thought that was the end of APC on the Plateau; that we had been buried politically. But what they didn’t see was the seed that had already been sown.
That seed germinated, and today, APC is stronger, more vibrant and growing bigger by the day.

“I’d also like to take this opportunity to warmly welcome our new members.”


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Abia State

2027: Prepare Your Will If You Plan to Write Election Results in Abia — Governor Alex Otti Warns

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Abia State Governor, Dr. Alex Otti, warns politicians planning to manipulate the 2027 elections to “write their wills” first, reaffirming his stance on transparency, governance, and development in Abia State.
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Abia State Governor, Dr. Alex Otti, has cautioned individuals plotting to manipulate the 2027 governorship election results to first “write their wills” before embarking on such a dangerous mission.

Speaking during his monthly media chat in Umuahia, the governor emphasized that his statement was not a threat but a caution informed by intelligence reports suggesting that some displaced politicians are boasting about plans to “write” election results in 2027.

“This is not a threat but a warning. If you are planning to write election results in Abia, please write your will first,” Otti declared.

He dismissed remarks attributed to the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, noting that power ultimately belongs to God.

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“I do not have the anointing to speak about what will happen in 2027 in 2025. But I know that power belongs to God, and He gives it to whom He wants. We should not speak when the Lord has not spoken,” he said.

Governor Otti advised Kalu to focus on his duties at the National Assembly, adding that there was no animosity between them despite the Deputy Speaker’s repeated public criticisms.

“My relationship with the Deputy Speaker didn’t start with politics. This is the second time he has publicly attacked my administration. I forgive him, but I think he suffers from what I call ‘Information Deficiency Syndrome.’”

He further clarified that according to the Protocol Act of 2000, the sixth position in Nigeria’s political hierarchy belongs to the Deputy Senate President, not the Deputy Speaker.

On Governance and Infrastructure

Governor Otti commended the Abia State Environmental Protection Agency (ASEPA) for its consistent efforts in maintaining a cleaner environment across Aba, Umuahia, and Ohafia.

“We are now moving to the next phase of waste management — recycling and turning waste into wealth,” he said, disclosing ongoing engagements with investors and institutions to actualize the plan.

The governor also announced progress in reviving key moribund industries, including Star Paper Mill, Aba Textile Mill, and Modern Ceramics, through collaborations with the Asset Management Corporation of Nigeria (AMCON) and other stakeholders.

“Government is an enabler. Our goal is to revive these industries, hand them to professionals to run as private entities, and create jobs for our people,” Otti stated.

Education and Health

Governor Otti reaffirmed his administration’s commitment to transforming the education sector, revealing that over 5,395 new teachers have been deployed across the state, with plans to recruit an additional 4,000 due to rising enrollment.

He also highlighted improvements in healthcare delivery, including the reconstruction of general hospitals and recruitment of over 774 healthcare professionals, with applicants coming even from other African countries.

“We are building a health system powered by renewable energy to ensure every community has access to quality healthcare,” he said.

Power and Infrastructure Expansion

Governor Otti announced the installation of nearly 8,000 solar-powered streetlights across the state and ongoing projects aimed at achieving steady electricity supply in Aba, Umuahia, Bende, and Ohafia.

“When Aba Power reaches its full capacity of 188 megawatts, excess power will be distributed to Umuahia and other parts of the state. Light brings development, and darkness disappears where there is light,” he said.

He disclosed that President Bola Tinubu’s representative, Senator Dave Umahi, recently commissioned eight newly completed roads in Abia, with more infrastructure projects including the 25km Umuahia–Ikot Ekpene Road and Ihechiowa Ring Road set to begin soon.

On Defection Rumours

Governor Otti debunked speculations about plans to defect to the All Progressives Congress (APC), stating that he remains committed to his principles.

You don’t take decisions simply because others are taking them. We are not people who follow the crowd,” he affirmed.

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