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Jega, Utomi, Abdulfatai, Duke, Others Form New Political Party

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Ahead of the 2023 general elections prominent Nigerians have established a third force, Rescue Nigeria Project, RNP, to give Nigerians alternative platform to the All Progressives Congress, APC and the Peoples Democratic Party, PDP.

Founders of RNP include former governor of Kwara state, Ahmed Abdulfatai, Prof. Pat Utomi, Prof. Tunde Adeniran, former Governor of Cross River state, Donald Duke,

Senator Lee Maeba, Usman Bugaje, Prof. Attahiru Jega, Amb. Nkoyo Toyo, Yomi Awoniyi, Dr. Rose Idi Danladi, Dr. Sadiq Gombe among others.

Delivering his keynote address, Abdulfatai lamented the state of the nation, noting that the high level of nepotism and lack of inclusiveness have given rise to agitations by different ethnic groups.

He recalled that in 2015, Nigerians embraced change, adding that today, “that change appears to be what we didn’t expect, as insecurity has taken over the nation.”

He said, “It is based on this that we decided to set up this Rescue Nigeria Project. We want to salvage this country and see how we can fix the mess. We want to set a template and key criteria leaders must have before they can attain any political position.

“Despite the great opportunities of the past, Nigeria has failed to live up to the dreams of its founding fathers and the hopes of successive generations of its citizens.

“Perhaps, at no other time have these failings become more apparent than in the past decade or so.

“In 2015, Nigerians overwhelmingly embraced the promise of change. These hopes have not only been dashed, but they have arguably turned out to be the worst political statements ever to  be made in this country. Nigeria today appears set to fulfill all the prophesies of doom.”

He further noted that “Unprecedented nepotism and political exclusion have left the country more divided than ever as evident in the various separatists agitation that are threatening the corporate existence of the country itself.”

Also speaking, Adeniran noted that there is disaster at hand, hence the move to rescue the nation.

He said: “You only rescue when there is disaster and when you fail to rescue during disaster, it is more dangerous.

“We have a disaster in our hands and we need to rescue the country. We need to look back and see how we get here. We know where Nigeria was before now. We know the task is not going to be easy, but we have to determine how to rescue the nation.”

In his opening remarks, the RNP national coordinator, Usman Bugaje, explained that the Rescue Nigeria Project was founded on the premise that the challenges bedeviling the country were largely derived from poor leadership.

Chiding the President Muhammadu Buhari-led government Bugaje said, “when you reduce the problems of this country to what they are, ultimately, it all comes to leadership.

“We have been unable to exit the leadership conundrum precisely because the leadership recruitment mechanism in our political parties is so flawed that, except for accidents, they are incapable of producing competent leaders with the requisite knowledge, discipline and commitment to make a difference. We are living with, or better still, groaning under the consequences of this folly.

“What this means is that any attempt to rescue this country from its troubles must first rescue it from the current leadership recruitment mechanism that seems to leverage on money and connection or ethnic sentiments and no premium on knowledge or competence.

“The challenge is how to introduce a set of criteria or better still re-calibrate the recruitment mechanism in our political parties to prioritize knowledge, competence and character. The deepening crises in the political parties is all the more reason this re-calibration is necessary.

“We must change the conversation about leadership. The first thing we should want to know about our President is not which part of country he or she comes from, rather how competent is he or she? What is the content of his policy document? What is his team made up of?

“We also seek to ensure a seismic shift from the politics of big men to the politics of big ideas. The empty politics of big men have not taken us anywhere but down the drain. We simply can’t continue this way.”

RNP’s vision  is “to reconcile and re-unite our country, win and deploy political power for the purpose of nation building and national development, achieving prosperity for all, and the protection of life and dignity of every Nigerian citizen.”

This is even as the mission is “to reconcile, re-unite, mobilize the nation to build a critical mass of citizens capable of driving real and effective transformation, to translate the mass movement into a strong power base within an inclusive and responsive political framework.”

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UK PM Burnham Unveils 10-Year Plan, Begins Cabinet Overhaul

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The new British Prime Minister, Andy Burnham, on Monday, unveiled a 10-year plan to tackle the country’s economic and social challenges as he began reshaping his government, with Chancellor Rachel Reeves among senior ministers leaving the Cabinet.

In his first speech outside 10 Downing Street, Burnham said his government would introduce measures to ease the cost-of-living crisis, end rough sleeping, build more council homes and devolve more powers away from Westminster.

“This moment will be a circuit breaker for Britain,” Burnham said, adding that details of the government’s cost-of-living package and how it would be funded would be announced from Tuesday.

According to the BBC, Reeves announced on X that she was stepping down as Chancellor of the Exchequer, describing it as “the privilege of my life” to have served in the role. The broadcaster reported that Burnham had offered her another senior cabinet position, but she declined.

The cabinet reshuffle also saw Foreign Secretary, David Lammy, Housing Secretary, Steve Reed and Business Secretary, Peter Kyle leave government as Burnham assembled his own team.

Speaking to reporters after his Downing Street address, Burnham said he would examine the tax-free personal allowance ahead of his first Budget in the autumn but acknowledged that raising the threshold would have significant fiscal implications.

He also pledged to reform England’s social care system, saying he did not want to leave office without fixing a problem that had persisted for decades, while reaffirming his commitment to existing fiscal rules.

The BBC also reported that Burnham held his first conversation with a foreign leader after taking office, speaking with U.S. President Donald Trump.

The resignation of the outgoing Prime Minister Keir Starmer saying he was leaving office “with good grace” and “a smile.”

Burnham is expected to continue announcing appointments to his new Cabinet as his administration takes shape, according to the BBC.

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Finance Minister Oyedele Defends Nigeria’s Rising Debt

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Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified the sharp increase in Nigeria’s public debt.

Speaking before the Senate Committee on Finance on the state of the nation’s economy on Monday, Oyedele attributed the increase to naira depreciation and accounting adjustments rather than fresh borrowing by the Bola Tinubu administration.

Oyedele was responding to questions from the senator representing Kebbi Central, Adamu Aliero, over claims that the current administration had borrowed about N80 trillion in addition to the N75 trillion public debt it inherited.

According to the minister, comparing the country’s debt stock at the start of the administration with the current figure without accounting for exchange rate movements created a misleading impression.

“When this administration came into office, public debt was around N75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this government has borrowed massively.

“However, it is important to note that, following the reforms and the depreciation of the naira, the foreign currency component of our public debt had to be revalued because Nigeria reports its debt in Naira. That accounting adjustment alone added more than N40 trillion to the public debt figure,” he said.

He added that the securitisation of the Ways and Means advances inherited from the previous administration also contributed significantly to the increase in the debt stock.

The minister further said that much of the government’s domestic borrowing was used to refinance existing debt rather than accumulate new obligations.

According to him, the Tinubu administration had adopted a prudent borrowing strategy focused on infrastructure and long-term economic growth.

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ADC Tells Tinubu to Resign As World Bank Reveals 139million Nigerians Live in Poverty

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The African Democratic Congress (ADC) on Saturday asked President Bola Ahmed Tinubu to resign rather than seek re-election, asserting that the World Bank’s recent report showing that 139 million Nigerians live below the poverty line is his scorecard.

The ADC, in a statement by its spokesperson, Bolaji Abdullahi, said the World Bank’s report, which also estimated that 17 million Nigerians are at risk of starvation, was “disturbing.”

“The evidence of 139 million people living in poverty and 17 million at risk of starvation is President Tinubu’s scorecard,” the party said. “On account of this catastrophic failure alone, President Tinubu should be contemplating resigning from office rather than seeking re-election.”

It decried that the “catastrophic” situation was occasioned by the Tinubu administration’s policies, which it said, “have favoured money over people and statistics over survival.”

The opposition party maintained that the economic growth Mr Tinubu’s government has repeatedly boasted of as a result of its economic reforms is “meaningless” if the livelihoods of people at the grassroots have yet to improve since 2023, when he assumed office.

“Instead of changing course, the government has stubbornly stuck with its ruinous economic policies and even continues to market recklessness as courage and wickedness as ‘necessary pains.’

“However, three years down the line, it is now clear that the chicken has come home to roost,” the ADC said.

According to the party, Nigeria desperately needs a leader who truly cares about citizens’ well-being and understands that economic reforms should improve citizens’ lives, not worsen their misery.

“A president whose government is not openly feasting while asking the people to continue fasting. A government that does not wallow in profligacy while handing the people palliatives,” it added.

The party condemned the ruling APC’s social intervention programmes aimed at cushioning the effects of its economic policies, adding, “Poverty cannot be defeated through palliatives.”

The ADC pledged that if elected in 2027, it would tackle the root causes of hunger by reducing energy costs, enhancing food production, and ensuring that farmers returned to their farmlands.

It also vowed to rehabilitate the 264 abandoned dams, improve access to fertilisers and quality seeds, and invest in storage facilities.

According to the party, transportation, waste, and food prices would be reduced while creating productive jobs.

“Hunger cannot be separated from poverty, education, or healthcare. That is why an ADC government will prioritise nutrition, primary healthcare, quality basic education, and skills development because no nation can build a prosperous economy while millions of its children are hungry, out of school, or cannot read simple texts,” the party said.

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