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By Sabiu Abdullahi

Strong indications have emerged suggesting that the Nigerian Federal Government is considering a groundbreaking policy that could lead to the conversion of over $30 billion in domiciliary accounts held by citizens into naira, aiming to stabilise the nation’s currency. 

If the plan becomes a reality, the government is set to mandate the conversion of foreign currencies in individuals’ and corporate organizations’ domiciliary accounts to naira, with the exchange rate to be determined by the Central Bank of Nigeria (CBN). 

A government source confided that the issue of dollar scarcity primarily affects the elite, particularly at the end and beginning of each month, coinciding with FAAC (Federal Account Allocation Committee) allocations to governors.

The government seeks to address the unconventional practice of keeping dollars in domiciliary accounts, stating that no other country follows this trend. 

The source was quoted as saying, “In Nigeria today, there are over $30 billion in domiciliary accounts of individuals. It is in the CBN account. The records are there. It is not right. These are issues we will have to deal with. In other countries, dollars are not meant to stay in peoples’ accounts.” 

This potential policy shift marks a departure from the stance expressed by the President Bola Tinubu administration in September 2023, which aimed to attract funds from domiciliary accounts and those held by Nigerians abroad into substantial investments across various sectors of the economy. 

Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, disclosed this earlier, noting the need to tap into the significant funds held in domiciliary accounts and abroad to revitalize the economy.

Edun indicated that Nigerians in the Diaspora would play a crucial role in contributing to the proposed economic rejuvenation through increased productivity and efficient resource management.

The contemplated conversion policy, if implemented, represents a significant departure from the earlier strategy of attracting foreign funds for economic development.

By Sabiu Abdullahi 

Former PDP Deputy National Chairman, Chief Olabode George, has appealed to former Vice President Atiku Abubakar, asking him to reconsider his 2027 presidential ambition in favour of younger Nigerian leaders. 

Speaking in an interview on Arise Television, Chief George expressed concerns about Atiku’s age, emphasising that, at 81 years old in 2027, he may be too old to effectively govern the nation.

He suggested that Atiku should adopt a mentoring role, acting as a guiding figure for the younger generation, rather than pursuing another presidential bid. 

“My brother Atiku Abubakar was 77 years old last year, and by 2027 he will be 81 years old. Atiku should give room for younger Nigerians, who still have the energy and the brain to develop the country,” George stated during the interview. 

He further stated the importance of consistent adherence to party norms, suggesting that the PDP should prioritize mentorship and continuity.

Chief George concluded by stating that the presidency must remain in the South in 2027, following the completion of the North’s eight years in power. 

The appeal from the PDP ex-leader brings attention to the ongoing discussions within the PDP about generational leadership and the party’s direction in the upcoming presidential elections.

By Aliyu Yakubu Yusuf

Super Eagles’ Zaidu Sanusi isn’t a bad player. You can’t be a starting player for FC Porto if you are bad. His struggles stem from the position he’s asked to play in these knockout games.

Sanusi is a quintessential left back in a four-man defense, where his primary duty is to stay at the back and make sporadic forays into attack based on the circumstances of the game.

Since the game against Guinea-Bissau, the Super Eagles’ coach, Peseiro, has changed his defensive structure from a four-man to a three-man central defense (Ajayi, Ekong, Bassey) sandwiched by two wing backs in Ola Aina and Zaidu Sanusi.

This means that Sanusi is now expected to strike a balance between defense and attack. When Nigeria is out of possession, he will stay on his flank to provide extra cover for Calvin Bassey from the left. This is what Sanusi excels at.

But when we are in possession, he’s effectively our left-sided midfielder who must make runs behind the opposition defense to join attack. This is Sanusi’s biggest weakness. He’s a square peg in a round hole.

The problem is, when you remove Sanusi from the starting lineup, who are you going to play? One option is to bring Omeruo to the center of the defense and push Bassey to the left wing-back position. But this won’t solve Sanusi’s problem because Bassey isn’t that good going forward either.

Another alternative is to shift Aina to the left wing-back and bring Oseyi to the right wing-back. In my opinion, this is better than the first option. However, when you do that, you strip the team of one of its biggest assets: Aina’s tireless work rate from the right, which Oseyi can never replicate.

Whatever the case may be, the best solution is to stick with Sanusi. After all, tell me a coach who changes a tried and tested watertight defense in the middle of the knockout rounds of a major international tournament.

Aliyu wrote from Kano. He can be reached via aliyuyy@gmail.com.

By Mahmud Dambazau

With a new year, we were anxiously anticipating a renewed hope. Unfortunately, no. In this devastating economic dilemma, we have been overwhelmed with cries to crowd-fund to secure the release of various victims from kidnappers. 

The latest trending across social media, most especially on X (formally Twitter), was the case of Najeebah and her sisters, who were kidnapped alongside their father. He was later released to go and get 60 million naira for the release of his six daughters! They subsequently killed one of the sisters when the amount was not realised at the expected time to serve as a warning and even increased the amount to 65 million naira initially and then to 100 million naira. 

The kidnappers had the audacity to return her dead body because they were confident that they would escape scot-free,and unfortunately, they were not disappointed. I was delighted to read the news of their release this morning after the ransom of 100 million naira was paid.

There is yet another case seeking public support where 14 children were kidnapped along the Abuja – Kaduna highway on 6th January. One miss Praise God; a student from the Nasarawa State University was also kidnapped a few days ago. Ajeni Mary Olamide and her two friends, Mary and Miriam, from the same university, all 400-level students of Mass Communication, were also kidnapped on their way to Abia state for a wedding, with 15 million nairas requested before their release. 

I just came across another appeal on X where a Navy Officer was also alleged to have been kidnapped with 100 million requested by his kidnappers to secure his release. These are just a few of the numerous in the public domain. Fresh in my memory are the female students from the Federal University Gusau, approaching four months now in captivity. 

The Abuja–Kaduna highway was, at a time, the most dangerous road with incessant incidences of kidnappings. Still, we were all witnesses to its near absolute contentment when the runway of Abuja airport was closed for repairs, and Kaduna airport was used instead. There was constant and consistent patrol, which drastically tackled the issue then. The scourge has now returned when the elites no longer needed that road. 

Within this week, there has been a significant improvement by the security operatives, with several arrests made after several cries across all mediums. Why do we always have to be reactive rather than proactive? In many instances, the capacities and capabilities of our security are top-notch, but only when pressures have been mounted are such improvements seen. Why is it so difficult to maintain progress made?

The president has been commended when he recently suspended some officials of his government who were accused of corruption so that their investigation will go unhindered. That was a good move, undoubtedly sending other officials a strong message. Why can’t that be applied to security heads when results are negative? If corruption has repercussions, doesn’t non-performance have more? Besides, even the perpetrators may not have committed such crimes if all officials had done their duties accordingly. 

Security of lives and properties is the most essential duty of government. Everything else comes second. The fight must be sustained, the perpetrators apprehended should be tried and punished accordingly, and the security operatives should be given the modern gadgets required to confront such criminals as soon as possible. There should be increased collaboration between security agencies, and capital punishment should be introduced for crimes such as this and those responsible; the teams, heads of the security responsible, and ministers should be fired and replaced with those who can because security is not to be joked with! Can we count on you, Mr. President? 

By Sabiu Abdullahi 

In Fortune’s annual ranking of the world’s most esteemed companies, Apple has reaffirmed its supremacy, claiming the top spot for an impressive 17th consecutive year.

The comprehensive list, featuring 1,500 companies boasting revenues exceeding $10 billion, highlights Apple’s unwavering influence in the corporate realm, albeit with a marginal dip in its overall score from the previous year. 

Fortune meticulously curated the elite selection, narrowing down the contenders to 680 companies.

A discerning panel, comprising 3,700 executives, directors, and analysts, meticulously assessed each company across a spectrum of categories, ranging from investment value to social responsibility. 

Despite a modest decrease in its score, Apple continued to shine, securing the foremost positions in critical categories such as social responsibility, financial soundness, innovation, and global competitiveness.

Microsoft, on an upward trajectory this year, clinched the second spot with a notable triumph in the computer software industry.

Amazon, though sliding one place, maintained a strong presence with commendable scores in internet services and retail, securing its position in the top three. 

Apple’s consistent reign atop Fortune’s Most Admired Companies List underscores the company’s enduring commitment to excellence and innovation.

This accomplishment speaks volumes about Apple’s ability to navigate a dynamic business landscape while upholding unparalleled standards.

By Usman Muhammad Salihu

In the contemporary, vibrant Nigerian culture, one cannot ignore the prevalence of complaints that seem to echo nationwide. While expressing dissatisfaction can serve as a form of catharsis, it’s essential to explore the notion that constant complaining might hinder personal growth and prevent individuals from appreciating life’s beauty.

Nigerians face various challenges, from economic uncertainties to social issues. However, it’s essential to recognise that gratitude can coexist with adversity. By appreciating the progress made, both individually and collectively, Nigerians can foster resilience and find motivation to overcome obstacles.

Nowadays, it’s common to observe that many Nigerians complain to garner pity. However, it’s crucial to question whether wallowing in self-pity brings tangible rewards. Shifting the focus from complaints to proactive solutions can lead to a more constructive and fulfilling life.

A peculiar aspect of the Nigerian cultural landscape is the tendency for individuals, regardless of their financial status, to brag about being poor. This inconsistent behaviour raises the question: Why celebrate a state of lack rather than acknowledge and appreciate one’s achievements, which is unhealthy? Embracing a mindset of abundance can foster a more positive outlook on life.

Even the well-to-do in Nigerian society are not excluded from the complaint culture. The paradox of wealthy individuals complaining about being broke is a humorous story that reflects a deeper issue. Encouraging a shift from complaining to appreciating the financial stability and success achieved can lead to a healthier perspective on wealth.

It’s crucial for Nigerians to rewire their mindsets to break free from the cycle of complaints. Cultivating gratitude involves acknowledging achievements, big or small, and recognising the lessons embedded in challenges. This shift in perspective can pave the way for a more positive and fulfilling life.

All I’m asserting is that expressing concerns and frustrations is a natural human tendency, and constant complaining can act as a barrier to personal and collective progress. Encouraging Nigerians to adopt an attitude of gratitude can transform their lives, fostering resilience, contentment, and a deeper appreciation for life’s abundant blessings. It’s time to let go of the complaint culture and embrace a mindset that celebrates achievements, no matter how modest, and recognises the beauty inherent in the Nigerian experience.

Usman Muhammad Salihu writes from Jos, Nigeria and can be reached via muhammadu5363@gmail.com. 

By Ukasha Rabiu Magama

The issuance of fake certificates, both within Nigeria and abroad, is not a new phenomenon. Many institutions globally face accusations of awarding certificates to undeserving candidates. Therefore, the case of Cotonou should not be singled out or become a focal point of public discussion.

While many institutions accused of such scandals in Nigeria vehemently deny the claims to protect their prestige, instances of fake certificate awards are prevalent. The consequences of counterfeit certificates awarded by Nigerian institutions are evident across various sectors, including the military, medical profession, education, agriculture, engineering, commerce, and politics.

The detrimental impact is reflected in Nigeria’s current challenges, such as a compromised democratic atmosphere, a corrupt educational system, unqualified medical personnel, an unorganised defence system, and widespread insecurity. 

The proliferation of WAEC, NECO, and JAMB miracle centres in Nigeria’s corrupt educational system contributes to the emergence of fake police and military officers, incompetent leaders, and escalating security challenges.

Banning Cotonou and Togo degree certificates might not be optimal, considering that Nigerian institutions must be held accountable. Fake certificate issues extend beyond international borders, with corruption being a pervasive challenge in Africa. Eliminating corruption is a formidable task, and scrutiny is warranted not only for the exposed journalist but also for individuals who acquire certificates through illegal means in Nigeria.

It is imperative for authorities to investigate how the journalist obtained his certificates in just six weeks and to allow the implicated institutions to present their case. Acknowledging the evident disparities among the three countries, Benin Republic and Togo have three three-year first-degree systems, unlike Nigeria, which has a maximum of 4-5 years.

Globally, the minimum time required to acquire a degree certificate is three years. Also, in Cotonou and Togo, this standard isn’t compromised. Meanwhile, not everyone who went to school or graduated from the suspended institutions bought certificates, and not every school in Togo or Benin Republic was involved in buying, selling, or awarding fake certificates.

Therefore, there is a need for the federal government of Nigeria to reverse its decision to suspend the degree programs in Togo and Cotonou and or arrest the journalists and the management of EGST University involved in such ungodly acts to face the wrath of the law. The allegation of buying, selling, and awarding fake certificates is not only peculiar to the Benin Republic and Togo but has also been alleged here in Nigeria.

In recent years, Ahmadu Bello University Zaria, Lagos State University, Imo State University, and the University of Jos were accused of selling and awarding fake certificates to undeserving candidates. The point here is, why did the federal government of Nigeria fail to sanction or suspend those institutions if it wanted to curb corruption in its educational system? Therefore, addressing this issue requires a comprehensive approach and a fair examination, not just suspending innocent institutions and maintaining the global standard in awarding degree certificates. 

To this end, the Students Union Government of the Institute Superirieur de Formation Professionelle are here to draw the attention of the federal government of Nigeria to reverse its decision to suspend Togo and Cotonou degree programs. On the other hand, it calls on the government to thoroughly investigate whether the said journalist followed a legal process in obtaining his degree from the accused certificates.

Ukasha Rabiu Magama wrote an opinion of Adamade Peter Adamade, National President of ISFOP University’s Alumni.

By Al-Jannat Mohammed

The distinction between one’s private and public life is becoming more and more hazy in a time when social media dominates. Celebrities, who were formerly admired for their abilities and accomplishments, now have to navigate a world in which the public is interested in every aspect of their lives.

The younger generation has been influenced by this culture of perpetual exposure, as they readily divulge personal information online, undermining the idea of privacy. The story of Nigerian actor, Yul Edochi, and his second wife is a compelling illustration of this phenomena, and offers a prism through which to consider the effects of this invasion of privacy.

Without a doubt, the emergence of social media has completely changed how people communicate, making it possible to share information instantly with anyone on the planet. The loss of personal boundaries that results from people voluntarily disclosing their private lives to the world is the drawback, though.

Because they are in the public glare, celebrities have been hardest hit by this cultural change. For example, Yul Edochi’s second marriage turned into a social media show, with every detail of their union, family dynamics, and personal hardships visible to everybody with an internet connection.

Beyond just celebrities, this tendency affects the younger generation as well, who have grown up in a time of continual communication. Many people reveal personal information about themselves online because they want to be validated and accepted by others.

The younger generation frequently compromises privacy in the chase of likes, comments and virtual acceptance, whether it be for relationship milestones or personal struggles. This raises questions about how such behaviour may affect people’s general well-being, self-esteem and mental health in the long run.

Although the loss of privacy is a complicated problem with wide-ranging effects on the society, there may be ways to lessen its effects. Above all, it is critical to teach the next generation the value of establishing and upholding limits. Giving people the skills to decide what parts of their lives are best kept private helps them feel more in charge of their own story.

Prioritising digital literacy education is important, with a focus on the lasting nature of online content and the possible repercussions of excessive sharing.

Social media sites can also be extremely important in encouraging responsible sharing. Pop-up reminders and privacy checklists are two examples of features that can be implemented to encourage users to reconsider sharing sensitive information and prevent impulsive sharing.

Platforms should also make investments in strong privacy settings so that users may decide who can see their content. Encouraging social media usage in a way that is balanced and respects one’s personal limits sends a strong message about how important privacy protection is.

In the end, the degradation of privacy in the era of celebrity culture is a complex problem that calls for cooperation from people, organisations, and digital platforms. Fostering a healthier connection with the digital world requires finding a balance between the advantages of connectedness and the maintenance of personal boundaries.

We may endeavour to create a culture that values and respects privacy in an increasingly connected world by embracing responsible sharing behaviours, encouraging digital literacy, and setting positive examples.

Al-Janat Mohammed is an NYSC corps member with PRNigeria in Abuja

By Uzair Adam Imam

In the Utako District of Abuja, a Federal Road Safety Corps (FRSC) Hilux Van was involved in a collision with a car on Tuesday as officials pursued an erring driver.

The car, driven by Bashir Bashir, was carrying his pregnant wife, Olabisi, to her office at the time of the incident.

Bashir recounted, “We were coming from Lugbe to work when the road safety officials attempted to stop a vehicle ahead of us.

“The driver didn’t comply, prompting the officials to chase after it. Unfortunately, our car was caught in between the FRSC van and the fleeing vehicle, resulting in a collision from behind.

“My pregnant wife, seven months along, was in the car and has been taken to the hospital,” he added.

By Uzair Adam Imam

A 35-year-old man, James Emmanuel, has been remanded in prison by a magistrates’ court in Akure, Ondo State, for allegedly raping his co-worker, 55-year-old Deborah Abiodun, to death.

The incident took place on a poultry farm in the Oke-Odu area of Akure around 11pm on January, 2024.

According to the prosecutor, Inspector Anwana Josephine, the defendant allegedly raped Ms. Abiodun to death and then struck her with a stone on the forehead before dumping her corpse inside a waste pit.

Magistrate F.A. Aduroja adjourned the case to March 27th after ordering the remand of the accused.