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President Tinubu assures of a robust economy

By Abdullahi Mukhtar Algasgaini

President Bola Tinubu has welcomed the National Bureau of Statistics (NBS) ‘s new report on the country’s trade balance.

According to the report, Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95 trillion.

The current surplus is 6.60% higher than the N6.52 trillion surplus recorded in the first quarter.

Just days after the country recorded almost 100 percent oversubscription of its first $500 million domestic bond and half-year revenue of N9.1 trillion, the latest report underscores the increasing positive shifts in the economy over the last year.

President Tinubu expresses confidence in the reforms his administration is pursuing and believes they will create a more robust economy that will usher in a new era of prosperity for Nigerians.

The NBS report reflects the country’s strong export performance in the second quarter.

Although total merchandise trade in Q2 2024 stood at N31.89 trillion, a 3.76% decline compared to the preceding quarter (Q1 2024), it marked a 150.39% rise from the corresponding period in 2023.

The NBS reported that the Q2 surplus was essentially driven by exports to Europe, the United States and Asia.

Total exports stood at N19.42 trillion, accounting for 60.89% of the country’s total trade. This represents a 1.31% increase from N19.17 trillion in the first quarter and a 201.76% surge from N6.44 trillion recorded in Q2 2023.

The dominance of crude oil exports remains a key factor in this performance, contributing N14.56 trillion, or 74.98% of total exports.

Non-crude oil exports, valued at N4.86 trillion, comprised 25.02% of the total export value, with non-oil products contributing N1.94 trillion.

The strong export performance, particularly in crude oil, ensured Nigeria maintained a favourable trade balance.

In Q2 2024, European and American countries dominated Nigeria’s top export destinations. Spain emerged as the largest export partner, receiving goods valued at N2.01 trillion, accounting for 10.34% of Nigeria’s total exports.

The United States followed closely with N1.86 trillion (9.56%), while France imported N1.82 trillion of Nigerian goods, representing 9.37% of total exports.Nigeria’s other major export partners include India (N1.65 trillion or 8.50%) and the Netherlands (N1.38 trillion).

Generally, the economic indicators, which were very low when President Tinubu assumed office last year, are turning positive.

The government will continue to consolidate on the gains of the reforms as more fiscal and tax policy reforms already embarked upon by the administration come to fruition.

President Tinubu is determined to confront the inhibitions that have stunted the growth and development necessary to unlock the country’s full potential.

The harangue of the taciturn

By Mukhtar Jarmajo

Indeed, when people begin to do things in such a way as to defy their rules or behaviours, it is only proper for scientific research to be conducted to discover the reason(s) behind such behavioural change. In fact, for leaders, it is essential to continuously study the people’s behaviour to decode their actions and inactions in response to government decisions for the sake of the government’s sustainability and continued law and order in the polity. If, however, this is not done accordingly, there is every tendency that, in time, a government may not know it has lost the people’s confidence.

An example of such a situation is that of the present Nigeria, where its people, who in their usual antecedents are most unlikely to protest against hardship and pain, went to the streets to express dissatisfaction with how things are happening in the country. 

Just as the haranguing of the taciturn is altogether a surprise and definitely attention seeking, Nigerians, in unison, going out to the streets to express anger is astonishing and thus a clear message to the government that all is not well in the country. And true to it, most Nigerians are in untold hardship, increasingly perceiving the miasma of hopelessness with each passing day.

The people cannot be well and happy in an economy, with its currency becoming valueless at the end of every business day. This implies that at every sunrise, the Naira in the hands of Nigerians can buy less than what it could have on the previous day. And with the government’s refusal to subsidise fuel and electricity, the economy, which is already unproductive, has nosedived the more, leaving entrepreneurs at the receiving end. The nation’s economy now has no middle class. Poverty is in every corner of Nigeria, with illiteracy buttressing it.

This economic downturn has had a ripple effect on the social fabric of the nation. Crime rates have skyrocketed as young people, desperate for survival, resort to illegal activities. The once vibrant and bustling cities are now ghost towns as businesses close down and unemployment soars. The health sector is already deplorable and is now on the brink of collapse. Hospitals lack basic amenities, forcing patients to purchase essential drugs and supplies. The educational sector is not spared either. Public schools are dilapidated, and teachers are poorly remunerated, leading to a decline in the quality of education.

The political landscape is equally fraught with challenges. The ruling class is more concerned with self-enrichment than the welfare of the people. Corruption is endemic, and public funds are siphoned into private pockets. Irregularities mar the electoral process, and the voices of the people are often ignored. The lack of accountability and transparency has eroded the trust between the government and the governed.

The security situation in the country is also a major concern. Banditry and kidnapping have become commonplace in most parts of the country. The people live in fear and uncertainty, as their lives and property are not safe.

It is evident that Nigeria is at a crossroads. The government must take urgent steps to address the myriad problems facing the nation. This includes revamping the economy, improving the standard of living, providing adequate security, and promoting good governance. The government must also listen to the people and implement policies that are in their best interest.

The time for empty promises and rhetoric is over. The people are demanding action. The government must deliver on its promises or risk losing the trust and confidence of the people. The future of Nigeria depends on the choices made today.

Jarmajo can be reached via dattuwamanga@gmail.com.

Dan Bello: A true comrade and fighter for justice

By Gaddafi Yusuf Young Journalist 

Someone who stands up for justice and rejects ineptitude and injustice in all facets of his people’s lives is considered a comrade. 

Dan Bello is a well-known character who appears everywhere. He uncovers a secret: the Nigerian government is embezzling and laundering money. Despite being abroad, more precisely, born in the United States of America, where everyone is entitled to freedom, and living in China, the birthplace of major global advancements.

Dan Bello conducts in-depth research and analysis to spit out everything the Nigerian government is doing. He affects all three branches of the government, clerics, and the populace at large.

Although he had few views when posting his skits on social media, his consistency helped him grow over at least two years. He raises awareness of the hardships and unrest occurring in Nigeria, particularly among the northerners, as well as the bribery and corruption that have become ingrained in the country’s citizenry. 

Despite his abundance of knowledge, he made the Nigerian people aware of what was happening outside their doors—the waste and theft of the country’s natural resources and wealth by providing them with factual and empirical reports.

Unfortunately, he is being attacked, mistreated, and vilified by a few ignorant and disloyal young people in the north just because he exposed their political ancestors, who exploited the nation as a prop for themselves and their progeny. 

It touches my heart more, but I understand how our youths have turned to beggars for food without thinking about the consequences in their lives. All they need is their boss’s appreciation and happiness, regardless of how others are torturing and tormenting by their action. 

Even now, our people still find it difficult to embrace the harsh reality of their religious beliefs, political opinions, and relationships with loved ones. 

I felt compelled to appeal to Dan Bello because it hurts to fight for the people you love and those people to fight back because they are self-centred and ignorant. But I beg of you, Dan Bello, and your men, including Barr. Bulama Bukarti, Jafar Jafar, Salisu Zango, Barr. Abba Hikima and the rest of your team have taken me as mentors and role models for journalism and freedom fighters, not to mention them. I promise to work tirelessly alongside you and your team to uncover the truth no matter where it may be found, all the way to the end of this incredible journey to liberate ourselves from the oppressive leaders that rule us.

I pray to Almighty Allah to provide you success, direction, and safety wherever you are. I hope that my beloved Nigeria will soon be restored and revitalised.

Gaddafi Yusuf is a Mass Communications student from A.M.T Massive College and can be via gaddafiyusuf240@gmail.com. 

JUST IN: Controversy as PDP refuses to sign Edo election peace accord

By Uzair Adam

The Peoples Democratic Party (PDP) has withheld its signature from the peace accord for the upcoming Edo State Governorship election, scheduled for September 21.

This was revealed by former Head of State Abdulsalami Abubakar during the peace accord signing ceremony in Benin on Thursday.

Abubakar explained that the PDP’s participation is contingent on certain conditions being met before they will sign the agreement.

“I met with the governor yesterday, and he informed me that the PDP will not be signing the peace accord,” Abubakar said.

“The party has made some observations and set conditions. After these are addressed, they will go to Abuja to sign.”

The PDP’s state chairman was absent at the event and did not elaborate on the party’s reasons.

However, Governor Godwin Obaseki had previously hinted at the possibility of his party opting out of the accord during a meeting with the National Peace Committee.

Despite the PDP’s absence, candidates from the All Progressives Congress (APC) and the Labour Party (LP), including APC’s Monday Okpebholo and LP’s Olumide Akpata, signed the agreement.

Nigeria ranks among top 10 countries with highest Internet users

By Uzair Adam 

The global internet user base has grown consistently in recent years, with countries with larger populations leading the charge. 

However, some smaller nations also boast impressive online activity.

According to Exploding Topics, here are the ten countries with the largest number of internet users:

1. China – 1.05 billion: With its massive population, China tops the list with an estimated 1.05 billion internet users, accounting for 74.36% of its population.

2. India – 692 million: India ranks second, with 692 million people online, representing 49.15% of its population.

3. United States—311.3 million: The U.S. has 311.3 million internet users, which translates to a high penetration rate of 93.79%.

4. Indonesia – 212.9 million: Indonesia has 212.9 million people online, with a penetration rate of 77.76%.

5. Brazil – 181.8 million: Brazil has 181.8 million internet users, covering nearly 85% of its population.

6. Russia – 127.6 million: Russia follows with 127.6 million users, almost 90% of its population.

7. Nigeria – 122.5 million: Nigeria ranks seventh globally, with over 122.5 million internet users, more than half of its population.

8. Japan—102.5 million: Japan has 102.5 million internet users, which is more than 80% of its population.

9. Mexico – 100.6 million: Mexico has 100.6 million people online, with nearly 80% penetration.

10. Pakistan – 87.35 million: Pakistan rounds out the top 10 with 87.35 million internet users, despite only 40% of its population being connected.

Man, 35, allegedly defiles 14-year-old daughter

By Abdullahi Mukhtar Algasgaini

A 35-year-old man from Adamawa State, Muhammad Auwal, has allegedly defiled his biological teenage daughter.

The state command of the Nigeria Police said in a statement obtained by The Daily Reality Thursday morning that it had arrested the man over the offence.

In the statement signed by its Public Relations Officer, Suleiman Nguroje, the command said it made the arrest on Wednesday, September 11.

“The Adamawa State Police Command has on 11/09/2024 arrested 35-year-old Muhammad Auwal for sexually assaulting his 14-year-old biological daughter,” Nguroje stated.

He added, “The suspect has since confessed to committing the crime and will be charged to court.”

Kano sets new resumption date for schools

By Uzair Adam

The Kano State Government has approved new resumption dates for all public and private primary and post-primary schools for the 2024/2025 academic session.

According to the updated schedule, boarding students will return to school on Sunday, September 15th, 2024, while pupils and students attending day schools will resume on Monday, September 16th, 2024.

This announcement follows the earlier postponement of school resumption, which was made by the state’s Commissioner of Education, Alhaji Umar Haruna Doguwa, on Saturday, September 7th.

In a statement issued on Thursday by the Director of Public Enlightenment at the State Ministry of Education, Balarabe Abdullahi Kiru, parents and guardians were urged to ensure compliance with the new dates.

The statement also advised students to avoid bringing prohibited items, such as knives or razors, and to adhere to school regulations.

The government, led by Alhaji Abba Kabir Yusuf, reiterated its commitment to providing quality education and creating an environment conducive to academic success.

Husband arrested for raping wife’s teenage sister

By Uzair Adam

A 30-year-old motorcyclist, Michael Olorunfemi, has been arrested in Akure, the Ondo State capital, for allegedly assaulting his wife’s 17-year-old sister.

The incident reportedly occurred in August 2024, around 10 p.m. in the Onigaari area of Irese Road.According to sources, Olorunfemi admitted to committing the crime.

He claimed the victim had asked him for a ride to her boyfriend’s house, but he stopped in a secluded area and assaulted her.

He also confessed that he had promised her money, which he failed to provide, leading her to report the matter to her mother.Ondo State police spokesperson Funmi Odunlami confirmed that the suspect has been remanded in Olokuta prison.

The court, led by Chief Magistrate Kolawole Aro, ordered the remand pending advice from the Directorate of Public Prosecutions (DPP). The case is scheduled for review on October 31, 2024.

The charges against Olorunfemi violate Sections 357 and 358 of the Ondo State Criminal Code Law of 2006, which deals with unlawful carnal knowledge.

For family and friends: Nigeria’s nepotism culture

By Muhammed Bello Umar

Nepotism is a long-standing problem in Nigeria that has plagued the country for several years. It is the practice of favouring family or friends over others, typically without regard for their qualifications or abilities. This practice is widespread in Nigeria and has manifested in various sectors of the economy, including politics, education, and the job market.

Nepotism is common in the political arena, as politicians appoint their relatives or friends to positions of power or influence, regardless of merit or qualifications. This practice has resulted in appointing unqualified individuals to high-level positions, leading to the underdevelopment and poor performance of many sectors in the country.

Nepotism also exists in the education sector, as students are often admitted into universities based on connections rather than merit. This practice has led to a decline in the quality of education and has hindered the sector’s growth.

Similarly, nepotism is widespread in the job market, and family or friends of employers are often given preferential treatment over more qualified candidates, resulting in high unemployment rates and low job opportunities for deserving individuals.

Overall, nepotism undermines Nigeria’s growth and development by promoting mediocrity over meritocracy. Nigerian leaders must prioritise meritocracy and ensure that positions of power and influence are given to the most qualified individuals, irrespective of their connections. Only then can Nigeria progress towards prosperity and sustainable development.

Muhammed Bello Umar wrote via princemub28@gmail.com

An open letter to President Bola Ahmed Tinubu 

By Abdulsalam Alkali

Mr President, when you contested for the presidency of this country, many Nigerians believed that you were a democrat. This made you endearing to Nigerians who believed that democracy was the only way to bring about the desired change for the country. Hence, Nigerians supported you in actualising your long-term dream of becoming the president of this country. 

For over 14 months that you have been the President of this country, Nigeria has been engulfed by economic instability, high inflation rate, insecurity and gross poverty. Due to some of your policies and programs, Nigeria has never had a bad situation like this before.

These aforementioned challenges have forced Nigerian Youth, including those of older ages, to protest in the hope of finding a panacea to the problems that bedevilled us as a country. Unfortunately, your recent broadcast failed to address the issues being raised by Nigerians. It was a plea and assurance, as usual. Mr. President, we need action because, at this point, people have virtually lost hope in your government.

Mr President, I want to remind you that the issues facing Nigerians require your immediate attention. It is your responsibility to take swift action to lift this country out of the dire situation it finds itself in and set it on the path to peace and prosperity. 

Poor Nigerians’ only concern is for the government to make things more affordable and work toward reducing the price of food and other basic necessities of life.

The recent protests may have subsided, but if the current situation persists, it will undoubtedly affect your chances and, by extension, disrupt the fragile peace we currently enjoy. Food security is crucial in maintaining a nation’s stability and ensuring national security. 

Abdulsalam Alkali writes from Maiduguri, Borno State.