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As Nigerians head to the polls

By Salim Yunusa

In less than a week, Nigerians will get to exercise their democratic and electoral rights in carefully selecting and choosing new leaders that will steer the affairs of the country and represent them across local, state and federal levels; with the hope of bringing on board people that will – among many other things – secure the country and improving its economy.

The last 8 years have been characterized by a turbulent administration; with glaring insecurity caused by banditry and kidnapping in the North-West and North Central, IPOB uprising in the South – East and the lingering Boko Haram insurgency in the North – East.

The Nigerian economy took hits and was severely battered, with double digit inflation figures and millions of Nigerians plunged into poverty. Recently, the cashless policy, which is good in the long run, has caused untold hardship to many Nigerians, with protests and riots in some places.

As Nigerians head to the polls, they’re left with clear choices of who they want to steer the affairs of this country; a leader who can tackle the insecurity ravaging the country, a leader who can improve and strengthen the economy and mostly, unite a nation whose unity is precariously held by few loose strings.

Nigerians should elect a leader with a clear-cut vision on how to effectively utilize the millions of youths that are unemployed and underemployed. They should vote vote a leader devoid of religious, ethnic and regional bias for the betterment of the country.

Someone who will prioritize education – enrollment of the millions of out-of-school children roaming on the streets – and will put to an end the incessant industrial strikes bedeviling the public universities.

Nigerians should opt for a leader that listens and doesn’t infringe on their rights – whatsoever right that may be. We have seen how this administration banned Twitter, one of the most popular platforms that gave young Nigerians a voice, for six months. We have seen how the government cracked down on young Nigerians protesting police brutality during the #EndSARS protests.

We have seen how the government has tried to gag press freedom through the introduction of the social media bill. No sensible Nigerian should bring forth a leader that will enshrine this.

As Nigerians go to the polls, they should remember that the greatest mistake they made was placing all their hopes in the hands of one person; thinking that one person alone would ‘change’ the country. They should know – and if they do know – they should remember that change and nation building is not a job that can be done and achieved by just one man.

That it is a collective responsibility of everyone to play their part in making the country work for everyone. They should know that there is no magic wand that will swish away the problems of this country and that there’s no messiah that will come and save us.

Luckily for Nigeria, the problems are clear – and that’s half the problem solved. It is left to us to choose what is right over what is easy; to look away from hype and what is in vogue and to opt for options that will put first the interest of Nigerians and Nigeria.

Salim Yunusa is a prolific writer, poet and public affairs commentator. He writes in from Zaria, Kaduna.

2023: Buhari working for PDP, says Ganduje

By Ahmad Deedat Zakari

Kano State Governor, Abdullahi Umar Ganduje, has accused President Muhammadu Buhari on working for the defeat of the All Progressives Congress (APC) in the forthcoming presidential election.

In an audio recording, Ganduje was quoted in Hausa saying, “President Buhari should remember that for several times he was trying to contest Presidency but he could not make it until there was an alliance , but now after enjoying everything , he turned back against the same democratic system that saw him to office.”

This is coming from Ganduje after Buhari’s address to the nation on Tuesday. Buhari had in his address poignantly refused to obey the Supreme Court order on the extension of time for the use of old Naira notes. A move Ganduje and other APC stalwarts believe jeopardises their chances in the February election.

Ganduje then criticised and counselled the president thus: “I wonder why the President is hellbent in making the same Party that helped him to win elections lose out, what did we do to him that he is this ignorant on several advice forwarded to him.”

“This same Buhari he contested again and again but he couldn’t win not until there was an alliance, now he wins and win again for the second term, but now that he is living, he wants to cripple the same Party that brought him to power why?

“This Currency Swap Policy, why didn’t the President bring it seven and a half years ago or after elections, but now one must be compelled to think that there is an ulterior motive in the whole thing.”

2023 Elections: Naira swap threatens APC chances, Akeredolu tells Buhari

By Muhammadu Sabiu 

The governor of Ondo State, Rotimi Akeredolu, states that the All Progressive Congress’ (APC) popularity has been harmed by fuel and naira scarcity.

Akeredolu begged President Muhammadu Buhari to give the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, the appropriate instructions to reverse the naira redesign policy right away.

He said this while meeting with members of the All Progressive Congress (APC) Presidential Campaign Council (PCC), led by Seyi Tinubu, the son of the party’s presidential candidate, Asiwaju Bola Tinubu, in Akure, the capital of Ondo state.

He said, “We have a problem we are facing in this country today. Our rating as a party is not that favourable.

“Let’s not deceive ourselves. Must it be now that we will have this financial policy?

“How? Fuel and everything? Things are not easy. This policy is not right at this time. It should be reversed.

“Reserve it and tell CBN that we are reversing it. Let old, and new notes co-exist.”

So far, there have been reports of Nigerians taking to the streets to protest the scarcity of naira notes, leading to the burning down of some bank branches in Delta State.

Nigerians lament as MTN suffers service outage

By Muhammadu Sabiu 
 
Service outages were observed by some MTN subscribers throughout Nigeria.
 
It was learned that the subscribers were unable to make a phone call, use the internet, and SMS services offered by the mobile network operator.
 
The telecom provider expressed its regret for the inconveniences in a tweet that read, “Due to an unexpected technical issue, some customers have difficulty using our services at this time.
 
“Work is ongoing to resolve this issue as quickly as possible.
 
“We regret all the inconveniences this may cause.”

Dangote Group awarded for creating investment opportunities in Africa

By Aisar Fagge

The Dangote Group Tuesday has bagged the First Runner-Up award at the just concluded 44th Kaduna International Trade Fair in Kaduna State.

The group was awarded for its enormous contribution in buoying investment opportunities across Africa through numerous businesses and philanthropic forays.

The Dangote Group made the disclosure in a news release issued to journalists on Monday.

The statement disclosed that Professor Umar Dantsoho, an economist, while speaking to journalists on the event, said the Dangote Industries Limited has been creating investment and job opportunities for Africans through its cement establishments in Nigeria and in Africa.

He said the key to developing the African economy is through the growth of the manufacturing sector, which is a major preoccupation of the company.

The statement added that, “Only recently, Dangote Industries Limited sealed a fresh deal of six million tons per annum with China Sinoma International Engineering which will strengthen local and African production to 57.6 million tons per annum.

“Aside government, Dangote Group is adjudged the biggest employer of labor in Nigeria.

“Speaking also Second Vice President of the Kaduna Chamber of Commerce Industry Mines and Agriculture (KADCCIMA). Alhaji Faruk Suleiman, commended the company for creating opportunities across Africa, adding that the upcoming Dangote petrochemical refinery will change the face of the African economy.

“General Manager, Sales, Dangote Sugar Refinery (DSR) North-West, Alhaji Abdulsalam Waya said the conglomerate would continue to provide opportunities for all willing Nigeria to invest as distributors or as investors in the stock market.

“He added that the theme for this year’s Trade Fare: Value Addition for Sustainable Growth and Development is apt, as Dangote Cement exports its product to several African countries, thereby creating jobs and opportunities across the value chain.

“The company is the major sponsor of the 44th annual event.

“Speaking, President of KADCCIMA Alhaji Suleiman Aliyu described the partnership with Dangote as very important for deepening commercial activities in the country.

“He said the support of the Dangote Group towards the success of the Fair cannot be quantified.

“Speaking to newsmen, the Director General of the Chamber Mr. Usman Saulawa said the Dangote Group is a major sponsor of this year’s Trade Fair and has been sponsoring the annual event.

“He said Dangote Group has been playing the role of supporter and partner for many years. It participation has been adding value to the Chamber.”

“The DG described this year’s fair as unique as there would be a Business Roundtable session that will further help deepens business opportunities for participants.

“The companies that participated under Dangote Industries Limited are Dangote Cement, Dangote Sugar, NASCON, Dangote Fertiliser, and Dangote Sinotruk West Africa Limited.

“A statement from the Corporate Communication Department of the Dangote Group said participants who seek to do business with any of the company’s subsidiaries can avail themselves of such opportunity through a special help desk at the pavilion.

“It described Kaduna State as one of the biggest markets in the country, given its historical position as the political capital of Northern Nigeria,” the statement added.

Ganduje drags Buhari to Supreme Court over Naira notes

By Uzair Adam Imam

The Kano State Governor, Dr. Abdullahi Umar Ganduje, has dragged President Muhammadu Buhari before Supreme Court on Thursaday over naira notes redesign.

Governor Ganduje asked the court to command the Central Bank of Nigeria (CBN) not to stop collecting the old naira notes of N200, 500 and 1000.

He added that the naira redesign has also contradicted the provision of the 1999 constitution of Nigeria.

In a complaint filed by Sunusi Musa SAN yesterday, Ganduje said President Buhari alone had no right to instruct the CBN to stop collecting the old naira notes without consulting the House of Assembly.

Ganduje also decried about the way people are suffering in the country because of this newly introduced policy by the CBN.

In his interview with BBC Hausa, Musa said the court will hear the case on Wednesday next week.

The Daily Reality recalls that the governors of Kaduna, Zamfara and Kogi had earlier dragged president Buhari to the court over same case of naira redesign.

However, some analysts are seeing it as a power tussle between Buhari and Tinibu cabal ahead of 2023 elections.

How Naira redesign, cashless policy, affect prices of farm produce in Katsina

By Aliyu Ya’u Baraje

I have consistently written against the greediness of Nigerian agricultural produce suppliers since the implementation of the cashless policy. I am now fully convinced that a typical Nigerian is potentially greedy and corrupt, especially when presented with the opportunity.

There is no doubt about the scarcity of Naira, which economics has taught is a characteristic of money. This scarcity has created hardships for Nigerians, particularly for rural dwellers whose voices are hardly heard. This is partly due to a lack of modern education, IT literacy, and little or complete absence of media coverage. When visited, rural areas now seem like mourning grounds, faces barely smile, just silence, and black faces.

As a farmer and rural dweller, I feel it’s my duty to bring to light the ongoing exploitation of local farmers by produce suppliers. These suppliers are taking advantage of the cashless policy to profit at the expense of farmers whose main source of income is selling produce or livestock.

The prices of produce and livestock have plummeted dramatically. For example, the price of maize per 100kg has fallen from 22,000 to 13,000, rice from 26,000 to 15,000, beans from 42,000 to 25,000, and soybeans from 32,000 to 18,000. This trend is also seen in other produce such as millet, groundnuts, sesame, sugarcane, yams and cassava.

Farmers are offered two prices, one for a cash-and-carry deal and another for bank transfers. Those who need cash are given the lowest price, while those who require a transfer receive an increase of about 3,000 to 4,000.

This exploitation is unacceptable, especially since prices of other commodities have skyrocketed. I stand against this mistreatment of farmers and the erosion of their livelihoods.

I am from the southern part of Katsina State, which includes the local government areas of Sabuwa, Dandume, Funtua, Faskari, Danja, Qafur, and Malumfashi. This region is renowned as an agricultural hub not only in Katsina State but throughout northern Nigeria. This is due to the fertile land and extensive use of industrial

fertilizers and manure. The local government areas are rivaled only by the Saminaka, and neighboring local government areas.

Those who are familiar with this region will attest to the fact that its inhabitants are engaged in farming activities, not just subsistence farming but also what could be described as mechanized farming. In this region, farmers producing hundreds of tons or thousands of bags of the listed produce can easily be found. If one is a resident of this region, he is either a farmer or from a farming family. Even those who have switched to other businesses or occupations, most of their extended families are still farmers.

Given this, it should not be surprising that the exploitation of farmers by suppliers is a source of concern for those in the region.

2) In today’s Nigeria, the prices of processed and refined commodities have risen dramatically, with some even doubling, tripling, or quadrupling. The price increase for some commodities is so significant that it’s difficult to describe. So, why are farmers the only target for this exploitation?

3) In southern Katsina State, farming is done on a large scale, making it more of a business. This leads to the excessive use of agricultural chemicals, the prices of which have skyrocketed multiple times. For example, NPK fertilizer is sold for 32,000 Naira, Urea is sold for 22,000 to 23,000 Naira, Moroccan OCP (mixed fertilizer) is sold for 15,000 to 17,000 Naira, and the locally made Dan-Buhari fertilizer made from Kankara Local Government is sold for 10,000 to 15,000 Naira. Given these high prices, it’s understandable why a farmer would not be happy with selling their produce for less than 15,000 Naira.

Moreover, the use of tractors and other heavy engines for farming activities such as harrowing, tilling, harvesting, and transportation requires diesel, which now costs over 900 Naira per liter. The use of small equipment for dry-season farming, mobilization, pesticides, and herbicide spraying also requires petroleum, which now costs between 350 and 400 Naira. The prices of other chemicals such as pesticides, herbicides, and preservatives have not only doubled but have tripled or even worse.

This means that when a farmer who needs cash takes their produce or livestock to local markets, they feel like they are being shortchanged or receiving only a fraction of what they spent months or years nurturing. As a result, many farmers go home feeling like they have been robbed and have nowhere to turn for help

4) I seek to draw public attention to the exploitation of farmers in Southern Katsina state. The rise in prices of agricultural chemicals and equipment, along with the exploitation of farmers by produce suppliers, have led to a situation where farmers are not able to make a fair profit from their hard work. I categorizes those who are happy with the situation into two groups: those who are exploiting the farmers for their own gain (like suppliers) and those who are not involved in farming and only care about purchasing cheaper produce for domestic consumption (the consumers).

5) It is unfortunate that the farmers who work hard to produce the commodities are being exploited by the suppliers, hoarders, and processing industries. The lack of government price control mechanisms, excessive taxes and restrictions on foreign goods, and competitors. The selling of finished products at high prices, even higher than those imported from other countries has shown that farmers are intentionally targeted. This creates a situation where the farmers receive low prices for their produce while the final products are sold at high prices, leaving the farmers with little profit and often feeling exploited. It is important to address this issue and find ways to support and protect the livelihoods of local farmers

6) The exploitation of farmers in Nigeria has become a major concern as they are being targeted by suppliers, hoarders, and companies. The prices of agricultural chemicals and equipment used in farming have skyrocketed, making it difficult for farmers to make a profit from their produce. The lack of government price control and foreign competition, as well as excessive tax charges, have added to the farmers’ burden. Despite the high prices of commodities, the owners of processing, refining and packaging factories have not reduced their prices (per kg from suppliers), and instead sell the finished products at exorbitant prices. This has made life in rural areas even tougher, as the local farmers are unable to compete with foreign imports and are being forced to sell their produce at low prices. The suppliers have also adopted a cashless policy, which has made it difficult for farmers in rural areas to receive payment for their produce. The lack of recognition of wired transfers and poor network and electricity coverage in rural areas has further complicated the situation.

It’s important for the government to consider all factors and individuals, including rural settlers, when making decisions on the cashless policy. The government should strive to ensure that all citizens have equal access to financial services, regardless of their location.

Aliyu Yau Baraje, Dandume Local government area Katsina. He can be reached via: aliyuyau900@gmail.com fb: Aliyu Baraje

StarLink and Nigeria’s telcos competition

By Ibrahym El-Caleel

StarLink is a distant competitor to our telcos. The product price edges it out of immediate competition with MTN, Airtel and co. However, it is good that it is already here. In fact it will definitely gain a fair share from some businesses who have been looking for an alternative to the existing telcos.

Setting up StarLink costs more than N400,000. Personally I think it will be a better buy for businesses who spend about 60-75% of this amount for internet access. They will be bidding farewell to the periodic disappointments we experience from the contemporary telcos.

Market is dynamic. As StarLink takes some time in Nigeria, it will be ambitious about increasing its market share. It will be innovative about coming up with something that will be relatively affordable for the teeming internet subscribers. This is when the true competition will begin. For now, the penetration will be low because at the moment a lot of Nigerians are quite very rich. The consumer conversion will be minimal.

MTN began in Nigeria with N1,500 airtime card only. And it expires in 7 days. If you don’t use the airtime after 7 days, you have to buy another one. This was the case c.2001. Fast forward to 2021, you can have a N100 airtime and keep it for one year if you so wish. StarLink might have to develop something cheaper to get more subscribers onboard. If your things are expensive, you can sell it and make money in Nigeria. If they are affordable to many, you make quicker turnover, bigger sales, (arguably) more profit. This is Nigerian market.

Dangote Group, China company sign to build cement plant in Ogun

By Aisar Fagge

The Dangote Industries Limited (DIL) alongside China Sinoma International Engineering (CSIE) have signed an agreement to build a six million tons per annum cement plant in Itori of Ogun state.

Alh. Aliko Dangote, the Chairman of Dangote Cement Plc, made this disclosure during the signing ceremony.

Dangote stated that he signed the agreement alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin.

While China Sinoma Engineering, on the other hand, was represented by its Group President, Yin Zhisong, and the company’s chairman, Liu Renyue.

Dangote said that the new integrated cement plant at completion would strengthen the local production capacity of Dangote Cement and bring its local capacity to 41.25 million tons per annum and total African capacity to 57.6 million tons per annum.

He further stated that the Nigeria’s capacity to export cement would also be increased, the development that would enable more diversification and foreign exchange inflows for the economy.

He also noted that the project would further develop the domestic economy through creation of thousands of indirect and direct jobs and drive economic development in the Itori axis.

Aso Villa cabals sabotage APC

By Aliyu Nuhu

From what governor Nasiru El-Rufai said, the currency redesigning and fuel scarcity are the handiwork of the cabal in Aso Villa to ruin the electoral chances of the APC candidate, Asiwaju Bola Ahmad Tinubu. The president’s wife validated the claims by endorsing El-Rufai’s views.

Now it makes a lot of sense to me. No sitting government with victory in mind will introduce such harsh policies that shut down the economy few days to election. Northerners will go into the polls with anger and no one will vote for APC. I don’t think there is anywhere, except Borno and Yobe the president can go without being pelted with stones. Let him try it.

I have reviewed the policy again and again and could not see the economic sense in it. Withdrawing cash from circulation in a cash economy is a recipe for disaster. CBN has effectively shut down the informal sector of the economy. The North is 95% cash economy. Everything is at a standstill.

I wholly agree with El-Rufai. Emiefele is acting a script to undermine Tinubu. His policies are for political reasons after all he has never hidden his partisanship by attempting to contest in the election. The cabal surrounding the president wanted the vice president to succeed his principal and it didn’t work because no one could defeat Tinubu in the primaries. I was wondering why Osinbajo contested when it was obvious that Tinubu could not be beaten. Now I understand. It was the cabal that gave him the false hope of winning. Today, due to apathy, Osibanjo is not even attending Tinubu’s campaigns.

Unfortunately the opposition politicians are not cashing on the crisis to make political fortunes out of it. Only Kwankwaso knows how to exploit such situation. This is the time to push Nigerians against APC. But they appear docile as if they don’t know the art of political brinkmanship.

As for Tinubu he is not doing the right thing. This is the time for damage control for his electoral benefits. He should distance himself from the new currency policy and promise to reverse it. He should be beyond any fear by now. Buhari can’t do him anything. The president is now a political nonentity. Without Kano and other parts of the North, Buhari is nothing. As long as the governors are with Tinubu he has nothing to fear.

As for Buhari, just forget about him. He has never been in charge of the government. He is just a figure head. If he were the candidate in this election will he allow this kind of crisis?