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Naira Redesign Policy to Frustrate Tinubu – Akeredolu Alleges
The Ondo State Governor, Rotimi Akeredolu, has said the naira redesign and swap policy was targeted at truncating Saturday’s presidential and national assembly elections.
He added that the policy was also targeted at the All Progressives Congress presidential candidate, Bola Tinubu, to ensure he lost the election.
The governor stated this at the state broadcast aired on electronic media outfits in the state on Thursday morning, barely 48 hours to the election.
According to him, the cash swap policy of the APC-led government and the alleged artificial scarcity of fuel “are both lethal injections deliberately administered to de-market the APC government, create an uncontrollable crisis in the nation and finally frustrate the 2023 general elections.”
He said, “The goal is to truncate the election and deny the country the service of a true patriot, an endowed visionary with a proven record of character, knowledge, leadership and performance.
“It is also an attempt to abuse the principle of the rotational presidency by denying a section of this country its legitimate right thereby fuelling ethnic disaffection and creating a grave constitutional crisis in the country.
”Recall that in the course of these circumstances, I have offered clear and unequivocal statements as our stand on this dangerous and unfortunate adventure.
“To say the least, it is a dagger drawn at the heart of the ruling APC on the eve of the elections in order to destroy it and the governments it controls at the federal and state levels. As the nation trudges on, our resolve to deepen democracy and good governance must remain unflinching and abiding.
“Despite the desperate efforts by selfish and subversive elements within the government, to destroy the multiparty politics in Nigeria, the dividends of good governance brought to the people by the APC remain indelible in the recent history of our state in particular and the nation in general.
“The central purpose (of the naira swap policy) is to frustrate his ( Tinubu’) popularity and renowned acceptability across all tribes and religions in this country. The goal is to truncate the election and deny the country the service of a true patriot, an endowed visionary with a proven record of character, knowledge, leadership and performance.
“It is also an attempt to abuse the principle of the rotational presidency by denying a section of this country its legitimate right thereby fuelling ethnic disaffection and creating a grave constitutional crisis in the country.”
While calling on the people of the state to vote for the presidential and other candidates of the APC in Saturday’s election, Akeredolu assured that Tinubu, if elected, would tackle many challenges facing the country and the state in particular.
“As your governor, my duty to you at this time of great confusion and frustration is therefore to provide you with a clear vision of the path of redemption and hope. It is to charge you all to shake off the artificial frustration and the temporary barriers on your way to choosing a president who represents hope and assured brighter days ahead.
“My message to you is that despite all the well-planned intrigues to deny you of your democratic rights and the future and prosperity of your offsprings, which Asiwaju Bola Ahmed Tinubu represents, I urge you to troop out massively and vote for the APC on Saturday.
“This is the time to separate the past from the future. For us in Ondo State, this is our time to vote for a president who identifies with our challenges and who would help us to actualize our ongoing plan for the establishment of Ondo Deep Sea Port and massive industrial revolution, tackle youth unemployment, achieve our dream of state police to solve our insecurity problem and ensure human capacity development. It is time to set a new flag and make Nigeria great,” the governor added.
The National Inland Waterways Authority (NIWA) has issued a safety and security alert, urging Nigerians to prioritize safety while using the country’s inland waterways during the festive season. In a statement released by NIWA management, the Authority highlighted the importance of adhering to the Transportation Code, 2023, which has been gazetted and will be strictly enforced to ensure safe water transportation.
NIWA emphasized the need for boat operators and passengers to strictly follow safety measures to prevent avoidable accidents. Among the guidelines outlined, boat operators have been directed to avoid overloading their boats beyond approved limits and are required to provide lifejackets to passengers free of charge. Furthermore, the Authority banned the consumption of alcohol and other prohibited substances before or during boat rides.
The statement also made it mandatory for passenger manifests to be properly filled and confirmed before departure, while a compulsory safety talk must be conducted before setting sail. NIWA stressed that boat operations must not extend beyond 6:00 PM, and passengers are strongly advised against traveling on waterways at night.
In addition, NIWA warned against any activities that could destabilize boats while in motion and mandated all passengers to wear lifejackets while onboard. Assaulting or attacking NIWA officers or Water Marshals while they are performing their duties was also declared a punishable offense.
To ensure swift emergency responses, NIWA has placed its operational bases on high alert and has made emergency response lines 07039748740 and 08059543364 available to the public.
The Authority urged Nigerians to strictly comply with these safety regulations to prevent avoidable tragedies during the festive season. NIWA reiterated its commitment to maintaining safe and secure inland waterways for all users.
Osun State Governor, Ademola Adeleke, has directed immediate investigation in the case of one Segun Olowookere, who was sentenced to death by hanging for stealing chicken.
Governor Adeleke gave this directive through a statement issued by his spokesperson, Olawale Rasheed on Tuesday.
The governor directed the state’s Attorney General to intervene in the matter and ensure the young man is listed for prerogative of mercy before the end of the year.
According to the statement, “I have read about the case. I recognize separation of powers in our democracy.
“In this particular case, I have directed the Commissioner for Justice to initiate processes to grant the prerogative of mercy to the young man.
“Osun is a land of justice and equity. We must ensure fairness and protection of the sanctity of lives.
“I assure the public that the matter is receiving my direct attention. A sense of urgency is also attached to our response to the matter as a responsible state government.”
The directive is coming after an appeal for clemency to the governor on behalf of Segun Olowookere by the World Institute of Peace.
In the appeal, the institute’s Executive Director, Lamina Kamiludeen Omotoyosi, revealed that Olowookere was sentenced to death 10 years ago when he was 17 years of age.
Omotoyosi said, “Segun’s conviction stems from an incident involving the allegation of theft of a fowl and eggs from a poultry farm in Oyan, Osun State over ten years ago.
“The gravity of a death sentence for such an offence raises significant ethical questions, particularly when considering the young age at which Segun was convicted and the minimal value of the items involved.
“However, no justification for any crime but Segun actually pleaded not guilty to this crime.
“His parents, Folashade and Olanrewaju Olowookere, have been vocal in their pleas for clemency, expressing their devastation over the loss of their only son to the confines of prison for over a decade.
“As you are aware, the principles of justice and mercy are foundational to a progressive society.
“The parents have made heartfelt appeals, emphasising that Segun is a brilliant young man with a promising future.
“They have endured immense suffering, selling their properties in an attempt to secure his release, and they continue to hope for a second chance for their son.
“The weight of the punishment far exceeds the nature of the crime, and it is clear that Segun’s case merits a compassionate review. Please, Mr. Governor.”
The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.
This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki Hideo. The Dangote Group also reiterated that its petroleum products are in demand worldwide, as it expands its polypropylene section to reduce Nigeria’s reliance on imported polypropylene, a crucial material used in packaging, textiles, and the automotive manufacturing industries.
The Japanese delegation, which toured the impressive facilities housing both the Dangote Petroleum Refinery and Petrochemicals as well as Dangote Fertilisers, commended the state-of-the-art technology on display, noting that it reinforces Nigeria’s role as the gateway to Africa.
Managing Director of the Japan External Trade Organisation (JETRO), Takashi Oku, remarked that while Nigeria remains the gateway to Africa, the Dangote Refinery stands as a remarkable project that showcases the country’s technological progress. He added that the facility, as the world’s largest single-train refinery, is a point of immense pride for Nigeria. JETRO is Japan’s governmental organisation for trade and investment.
“We had heard about the excellence of the Dangote Refinery through the media but seeing it in person has left us truly amazed by its vastness and grandeur. It demonstrates that Nigeria’s population is not only growing but also advancing in technology. We are keen to collaborate with Nigerian companies, especially Dangote Refinery,” he said.
Emphasising that the refinery has bolstered Nigeria’s leading position in Africa, he further noted that the facility serves as an ideal introduction to the country for the global community.
Managing Director of Itochu Nigeria Limited, Masahiro Tsuno, also praised the sheer size and automation of the Dangote Refinery, calling it a miracle and one of the wonders of the world.
“I’ve seen many standalone refineries across the globe, including in Vietnam and the Middle East. However, this size of a refinery built by one single investor is probably a miracle in the world. And I’m just actually witnessing a miracle, to be honest, today,” he said. Tsuno indicated that his company would seek collaboration with the refinery across various sectors, including polypropylene and other petroleum products.
Commending the ambassador-designate and his team, which described the Dangote Petroleum Refinery as a wonder of modern technology, Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, explained that the facility is the vision of a Nigerian investor- Aliko Dangote, designed and built by Nigerians, and intended to serve the global market.
He said that it is a point of pride that a Nigerian company not only designed but also built the world’s largest single-train refinery complex. Dangote Industries Limited, a Nigerian company, acted as the Engineering, Procurement, and Construction (EPC) contractor for the refinery. In the process, cutting-edge technologies from around the world were incorporated to ensure that the facility meets the highest standards. Edwin assured the ambassador-designate and the delegation that the company is open to collaboration, always striving to maintain the best possible standards.
“Even now, we have a lot of Japanese equipment inside both the refinery and the fertiliser plant. There are significant opportunities for collaboration, as we always seek the latest technology in any business we engage in. For instance, our cement plant laboratory is managed by robots, and we always embrace advanced technology. With Japan’s focus on technological innovation, there is ample scope for cooperation and for supplying various types of technology,” he said.
Edwin also stated that the Dangote Petrochemical project will significantly boost investment in downstream industries, creating substantial value, generating employment, increasing tax revenues, reducing foreign exchange outflows, and contributing to Nigeria’s Gross Domestic Product (GDP).
He confirmed that products from the refinery meet international standards and are already being exported globally.
“In recent weeks, we’ve exported petrol to Cameroon, Ghana, Angola, and South Africa among others. Diesel has gone all over the world, and jet fuel is being heavily exported to European markets. Our products are already making their mark internationally,” he said.
He further added that by leveraging Africa’s vast crude oil resources to produce refined products locally, the Dangote Group aims to create a virtuous cycle of industrial development, job creation, and economic prosperity.
