Editorial

In a recent statement that can only be described as detached from reality, Mrs. Remi Tinubu, wife of Nigeria's President Bola Tinubu, claimed that her husband is not responsible for the current economic hardship gripping the nation. This assertion is not only misleading but also demonstrates a dangerous lack of accountability at the highest levels of government. Let's be clear: President Tinubu's policies have undeniably exacerbated Nigeria's economic woes. Since taking office: 1. The Naira has plummeted from N465/$ to N1,700/$, a devastating 70% devaluation. 2. Petrol prices have skyrocketed from N187/litre to above N1,000/litre. 3. Inflation has surged from…
Aliko Dangote’s recent call for the removal of the petrol subsidy, based on the specious comparison between fuel prices in Nigeria and Saudi Arabia, is not only misleading but also reveals a deeply selfish agenda that disregards the economic realities of ordinary Nigerians. Dangote's attempt to justify a petrol price hike by claiming that fuel is cheaper in Nigeria than in Saudi Arabia, while ignoring the vast disparity in minimum wages between the two countries, is both disingenuous and dangerous. While petrol may indeed be 60 percent cheaper in Nigeria than in Saudi Arabia, Dangote conveniently overlooks the fact that…
Once again, Nigeria’s electoral process has descended into a grotesque spectacle, as witnessed in the recent Edo State governorship election. What transpired on September 21, 2024, was not an election in any democratic sense, but rather a shameless transaction, where votes were auctioned to the highest bidder. Olumide Akpata, the Labour Party candidate, aptly described the event as a "bidding war" for votes between the two dominant parties, the All Progressives Congress (APC) and the Peoples Democratic Party (PDP). This "election" is yet another confirmation that Nigeria’s democracy has been hijacked by political entrepreneurs who have mastered the art of…
In the heart of Nigeria, where multidimensional poverty tightens its grip on the bellies of over 130 million souls, two creatures have made Aso Rock their lavish haven. The Bat and the Rat—the power couple—perch high above the suffering masses, oblivious to the devastation their extravagance leaves in its wake. The symbolism couldn’t be more apt: the Bat, a sneaky, nocturnal creature with an eye for mischief, and the Rat, a notorious destroyer of things at homes, gnawing away at what little remains of the nation's wealth. Nigeria is in a state of misery. Hunger stalks the streets like an…
In a chilling echo of Nigeria's darkest days under military rule, President Bola Tinubu's administration has unleashed a wave of repression that threatens to strangle the very democracy he once fought to establish. The recent spate of arrests, detentions, and intimidation of activists, journalists, and civil society organizations paints a grim picture of a government spiraling towards authoritarianism. The arrest of Joe Ajaero, President of the Nigeria Labour Congress, and the brazen raid on the offices of the Socio-Economic Rights and Accountability Project (SERAP) are not isolated incidents, but part of a broader pattern of governmental overreach. These actions, coupled…
The decision by the Nigerian government to shut down the Nursing and Midwifery Council of Nigeria's (NMCN) verification portal has caused significant disruption for Nigerian nurses and midwives working abroad, forcing many to return home under distressing circumstances. This policy, ostensibly aimed at curbing the mass migration of healthcare workers, is a flawed and short-sighted approach to a complex issue that demands a more nuanced solution. Rather than stemming the tide of migration, the government has infringed on the rights of nurses to offer their services freely, punishing those who have sought better opportunities abroad due to poor pay and…
In a shocking display of authoritarian overreach, the federal government has initiated mass trials of #EndBadGovernance protesters, marking a dark chapter in the nation's democratic history. This egregious act not only tramples on the fundamental rights of citizens but also exposes the government's blatant disregard for the principles of democracy and the rule of law. The charges of treason leveled against these protesters for their alleged attempt to overthrow President Bola Tinubu's government are nothing short of farcical. Let us be clear: peaceful protest is not treason; it is a cornerstone of democracy. By criminalizing dissent, the government is committing…
Once again, Nigeria’s struggling masses are forced to bear the brunt of yet another petrol price hike, a staggering increase that has seen fuel prices skyrocket to as much as N897 per litre in Abuja. This latest act of economic cruelty comes as Nigerians are already buckling under immense pressure from inflation, joblessness, and the ever-widening gap between the rich and the poor. How, we ask, is the average Nigerian supposed to survive? The reality is grim: transportation costs have risen by over 50%, meaning that basic necessities—food, medicine, utilities—are further out of reach for millions. What was once a…
The Nigerian National Petroleum Company Ltd (NNPCL) has long been a symbol of mismanagement, corruption, and inefficiency, despite being the custodian of one of the world’s largest oil reserves. The persistent fuel shortages, mounting debts, and inability to fulfill its basic mandate of ensuring energy security have underscored the need for urgent reforms. The recent admission by NNPCL that it is struggling financially—owing international oil traders over $6 billion—highlights the severe crisis facing the company and, by extension, the Nigerian economy. The NNPCL, now existing under the Petroleum Industry Act (PIA) as a limited liability company, was intended to operate…
In a stunning display of economic genius that has left Nobel laureates scratching their heads, the Federal Competition and Consumer Protection Commission (FCCPC) has unveiled its revolutionary strategy to combat Nigeria's skyrocketing inflation: simply telling businesses to charge less money. Who knew it could be so easy? Led by the visionary Tunji Bello, the FCCPC has boldly declared war on the true villains of Nigeria's economic crisis: small business owners and market traders. These nefarious individuals, with their dastardly plots to "stay in business" and "feed their families," have been put on notice. Their reign of terror, characterized by the…
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