National

By Muhammadu Sabiu 

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has been summoned by the 36 state governors in relation to the withdrawal policy and the repainted naira notes.

The Nigeria Governors’ Forum, which embodies the governors, said on Tuesday that the scheduled meeting would take place on Thursday through its spokesperson, Abdulrazaque Bello-Barkindo.

Recall that Nigerians were instructed to deposit their old notes in banks by January 31, 2023, under the CBN’s naira redesign programme, which was implemented in October 2022 of last year.

The spokesperson noted that the virtual meeting would concentrate on the most recent apex bank withdrawal policy and currency redesign.

“For the virtual meeting, the agenda is the Economic and Security implications of naira redesign and withdrawal policy.

“The discussion promises to foster involvement and dialogue among various stakeholders, including governments and civil society organisations, to devise a solution to the lingering issue,” he said.

By Umar Yogiza

The four writers are Tares Oburumu, Ruth Chidera Echewe, Sadiq Mustafa and Taiye Ojo, they arrived in the ancient town of Ilorin, Kwara State, for the first batch of the 2023 Imodoye Writers Residency programme. A statement issued by the residency manager said the writers are expected to be there for three weeks and an optional one week.

Tares Oburumu is a Bayelsa State-born poet and essayist, based in Warri, Delta State, Nigeria. He’s the author of 6 published chapbooks. Tares Oburumu is the winner of the GAP poetry prize 2018 and his chapbook ‘origin of the syma species’ won The Sillerman First Book prize for African poets 2022, to be published by Nebraska University Press, U.S., in fall 2023. Tares had been nominated for the Pushcart prize with Woven Tales Press 2019, and Ice Floes International literary journal 2021.

Tares Oburumu is in Imodoye residency to work and expand his three chapbooks: Erasure, Chatham House and Red: the love story of Annie Ernaux. As a child, Tares heard the nerve-racking stories of how brothers took to the Atlantic Ocean, going oversee, and it broke him to pieces hearing the manner they died in their attempt to escape the bedlam their country has become. His lens’ expositions focus on emigration and the attendant trauma not told by those who suffer from it. And to shine the light on how they ended, coffined in the dream of escaping Nigeria.

Ruth Chidera Echewe, (Unbreakable) is a writer, editor, media personality and professional blogger. She publishes potpourri of themes in unbreaky.comblog, her personal blog space is called UNBREAKABLE FEATURES. She’s a graduate of English and Literary Studies from the Federal University Lafia, Nasarawa State, Nigeria. An indigene of Abia State, Nigeria, but resides in Enugu State.

Ruth, Chidera Echewe is in Imodoye to complete her work: Sisters Series, prose, dealings with humans, certain bonds that sustained our existence and given us a different definition of life. She kindly follows various studies that have proven the strongest bonds emanated from the establishment of relationships. Ruth is motivated by her passion for creativity which has gone ahead to give birth to what she intends to manifest into a publishing, writing and editing firm in the nearest future.

Abubakar Sadiq Mustapha is a poet, art curator, documentary photographer, and community developer. He studied Geology and Mining at Ibrahim Badamasi Babangida University, and currently rounding up his master’s program at the same Ibrahim Badamasi Babangida University, Lapai, Niger State. Sadiq uses books, photography, and arts in driving social change from girl-child education, and gender-based violence to youth participation in politics and believes in the power of photography and how it can be used toward mental health, is in Imodoye to complete his manuscript: Home is my Mother’s Tongue.

Abubakar is also a photo columnist with Salamander ink magazine and the curator of the Abubakar Gimba literacy campaign. He’s the project lead for The Lapai Bookclub’s mobile library and school, a project that takes reading and arts to grassroots communities in Northern Nigeria aimed at increasing the literacy rate of the region and creating awareness in governance.

Ojo Taiye is a Delta base Nigerian eco-artist and writer who uses poetry as a handy tool to hide his frustration with society. He’s the winner of the Hay Writer’s Circle poetry prize, US, 2021, Calthalbui poetry prize, Ireland 2021. In 2020 Taiye Ojo was selected to participate in Capital City Film Poetry Festival, in Michigan and Poetry Introductory Series, in Ireland. His commissioned works include Belfast Photo Festival 2021, Winnipeg Fringe Festival and Leeds Poetry Festival.

Taiye’s recent works explore neocolonialism, institutionalized violence and ecological trauma in the oil-rich, polluted Niger Delta. His themes deal with the effects of climate change,
homelessness, migration, drought and famine, as well as a range of transversal issues arising from
racism, black identity and mental health. Taiye Ojo is in Imodoye to complete his poetry collection: Scoping Map.

Established by Dr Usman Ladipo Akanbi, the Imodoye Writers Residency is a private initiative for writers and visual artists keen on completing their ongoing work in a conducive environment at no cost. And as part of giving back to the community, during their stay in the residency, the writers are expected to mentor secondary school students in Ilorin in creative art/writing.

By Muhammad Sagir Bauchi

Stabilization of prices and achieving full employment are among the core goals of every economy in their macroeconomic policies. In this case, there are two main approaches to curtail inflation, recession, unemployment and other negative macro-economic phenomena. These approaches are monetary and fiscal policies. While monetary policy refers to the central bank activities which are directed towards influencing the quantity of capital (money) and credit in an economy, fiscal policy refers to the government’s decisions on taxation and spending. Both monetary and fiscal policies are used to regulate economic activities over time. They can be used to accelerate growth when an economy starts to slow or to moderate growth and activity when an economy starts to overheat. In addition, fiscal policy can be used to redistribute income and wealth.

The overall goal of these monetary and fiscal policies is channelled to the creation of a healthy economic environment that could sustain economic growth, facilitate positive employment and stable inflation rate.

In a plain language, the main aim of these two policies is to steer an economy in the sense that the economy does not experience economic boom that could be followed by high period of low or negative growth, high level of unemployment and unstable price. In this situation, people can feel safe in their consumption, savings and investment decision and government could concentrate on economic decision making. And this is where the idea of Monetarist, Classical and Keynesian Schools of Economics come to play, where they have different views in respect to the effectiveness of the two policies.

PHILIPS CURVE FROM A SHORT GLANCE:

The issue of inflation and unemployment is not a new concept in the realm of economics and it’s one of the concepts that reflect the science of economics as a true reflection of reality, since that, almost everyone is feeling the impact of either of the two.

The history of Philips Curve can be traced to the research findings of A.W Philip, an economist who analyzed the relationship between unemployment and the rate of change of money wages in the United Kingdom in the years 1861-1957. At the end of his findings, he suggested that there is an inverse or negative relationship between wages and unemployment. In simple term, he meant that whenever there’s growth in unemployment, there would be a low level of inflation. And the rationale behind the justification of his idea is that wherein there’s employment, people have more money, which leads to high demand for goods and services, and eventually pushing prices up. On the other hand, when there’s a rise in unemployment, INFLATION will go down since there will be low demand for goods and services as there’s less money in circulation.

Philips and Other Economic Perspectives: there are different opinions with regards to the application of the curve and the measures to contain the phenomena.

According to Monetarist School, the issue of unemployment is a supply side phenomena, therefore, demand side measures cannot be used in curtailing them, and even if it occurs, it can be for a temporary and will accelerate price instability at the end. While to the Keynesian school, they argue that there can only be “demand deficient unemployment” And in the time of recession, demand side measures can reduce unemployment for long-term with little of inflation.

Nigeria’s Economic Reality:

In Nigeria, since its independence, unemployment and inflation are among the major distractions in the growth and development of the nation’s economy. This is evident as we are all witnessing a scenario where too much money is chasing few goods and another case of high supply of labor with low demand of it. According to data from the National Bureau of Statistics NBS), Nigeria’s inflation rate has been consistently high, averaging around 11% in the past decade. The high inflation rate can be attributed to a number of factors such as the devaluation of the Naira, increase in the cost of imports, and a rise in fuel prices.

In an effort to curb inflation, the Central Bank of Nigeria (CBN) has introduced and implemented a number of monetary policies, such as the recent cashless driven economy module; through daily and weekly money withdrawal limit, increasing interest rates, tightening liquidity, devaluing the Naira, etc. However, all these policies have not been entirely successful in bringing inflation under control. Additionally, the Nigerian government has also implemented fiscal and monetary policies such as capping government MDAs cash withdrawals limit to minimal amount, increasing taxes and cutting government spending to curb inflation, however, the effectiveness of these policies remains uncertain and challenging. Same goes to the apex bank ongoing monetary policy, especially the weekly withdrawals limit policy, which is an unprecedented threat to urban and rural businesses due to poor mobile/internet banking mechanisms in the country. As such, the apex bank must address these concerns through shifting the effective implementation date until all the proper mechanisms required to operate a cashless economy are put in place. This can be done if the CBN reasons and constitutes a committee that includes technocrats, bankers and internet service providers, which will make sure that effective moblie/internet services are made available to cover the whole country before the policy kicks off and kicks up.

In conclusion, the relationship between inflation and unemployment as represented by the Philips curve is a complex one that is influenced by a variety of factors. The Nigerian economy is facing significant challenges in terms of cashless economy application, high inflation and unemployment rates, and finding effective solutions to these issues will require a rigorous political will and careful consideration of both monetary and fiscal policies. It is important for the government and the central bank to continue to monitor and analyze economic data and make adjustments to policies as needed, in order to create a stable economic environment that supports growth and employment.

Muhammad Sagir Bauchi, is a graduate of Economics from Sa’adu Zungur University, Gadau, Bauchi State. He can be reached via ibrahimsagir1227@gmail.com

By Uzair Adam Imam

No fewer than 7 Peoples Democratic Party’s (PDP) supporters died and 32 others injured in a truck accident Saturday in Plateau state.

The victims were reportedly returning from a Zonal rally at Pankshin local government area, the headquarters of Plateau Central Senatorial zone.

Our reporters gathered that the truck, which conveyed the victims, crashed at Jwak village close to the Panyam bridge in the Mangu local government area.

The Director, Directorate of Media and Publicity, Atiku-Okowa/Mutfwang-Piyo Campaign Council, Yiljap Abraham, confirmed the traumatic incident to journalists in a statement.

Abraham in a statement said, “It has been confirmed that seven people lost their lives in the road accident on Saturday evening involving supporters of the Plateau State Chapter of the Peoples Democratic Party.

“They were returning from the PDP flag-off and zonal rally held at Pankshin when their truck crashed on a slope between Pushit and the Panyam bridge in Mangu Local Government Area.

“32 of the passengers sustained varying degrees of injuries. 21 have been taken to Nissi Dominus hospital Mangu, one is at Nanret clinic Mangu and 10 are at the Jos University Teaching Hospital, JUTH.

“Two have been adjudged to be in critical condition with one undergoing emergency surgery at Nissi Dominus hospital. Meantime, the corpses have been removed from the scene and deposited at Allah Na Kowa hospital, Nissi Dominus hospital, and Mangu Cottage hospital.

“The evacuations were coordinated by the Medical Team of the Campaign Council headed by Dr. Juryit, some personal staff of the PDP Governorship Candidate, Barr Caleb Mutfwang with the aid of many sympathizers.

“In his initial reaction, Barr Mutfwang expressed shock at the tragedy. He has asked for prayers and every support to be extended to the grieving families and healing for those injured,” he added.

By Abba Muhammad Tawfiq

Garsa is a sinister superstition label ubiquitously attached to stroke patients particularly in some Hausa-Fulani community. The conception of cerebrovascular accident as demon-ridden problems is continuously denying its victims the pleasure of urgent medical intervention. This delay in appropriate medical care inevitably complicates the patients’ condition and make it even difficult to treat after all the efforts of traditional treatments have proved abortive.

The vagueness over which the accident is traditionally considered as “being possessed” ailment is refuted and cleared by sophisticated medicinal sciences. This piece will help to comprehensively elucidate more on what cerebrovascular accident and its management entail.

Adequate life sustaining nutrients and oxygen necessitate the survival of the building blocks of life. Hence, the circulatory system is primarily programmed to efficiently execute the function of meeting the fundamental requirements of body tissues and cells. This however can successfully be achieved by the way of transporting nutrients and metabolic wastes to and away from the body. Also, establishing a stable homeostatic state in all the tissue fluids by transporting biological chemicals called hormones from the part of its synthesis to where its effect is necessary in order to ensure an optimally continuous survival and robust function of the body tissues and cells through the means of blood and blood vessels.

Physical and organic pathology that disorient the rudimentary pattern of circulation that shape various tissues give rise to life threatening complications. And this conceptualizes the basis of “STROKE” with regards to brain.

Stroke otherwise known as cerebrovascular accident occurs as a result of an interruption to or loss of blood supply to a part of the brain from an assault to the concerned arterial supply to the brain. The American Heart Association defined stroke as “a disease that affects the arteries leading to and within the brain.

Globally, stroke is said to be the leading cause of morbidity and mortality. It is the No. 5 cause of death and a leading cause of disability in the United States. The current prevalence of stroke in Nigeria is 1.14 per 1000 while the 30-day case fatality rate is as high as 40%.

On pathological ground, the disease lends itself to two categorical divisions, namely; Ischemic stroke and haemorrhagic stroke.

The former is the most common type of stroke and associated with blocked or narrowing of the brain’s blood vessel caused by fatty plagues which build up in the blood vessels or by blood clots or other debris that travel through the bloodstream, most often from the heart, and lodge in the blood vessels in the brain. This consequently leads to the death of brain tissue from poor nutrients and oxygen supply to the brain.

However, the latter occurs due to a rupture or leakage in blood vessel in the brain. This is mainly associated with atherosclerosis or a local dilation of the blood vessel (aneurysm) which leads to the burst of the blood vessel hence leading to hemorrhagic stroke

The predisposing factors that lead to cerebrovascular accident can be categorized into modifiable and non modifiable factors. And the major modifiable risk factor for stroke is sedentary lifestyle. People’s manner of living exerts impact on their state of well-being. Obesity caused by unhealthy diet, excessive alcohol consumption and smoking may result in high blood pressure or deposition of fatty droplets in the arterial wall causing arterial narrowing or bursting, thus consequently leading to stroke. Others include uncontrolled hypertension, gestational or pregnancy hypertension and diabetes.

The non modifiable risk encompasses factors such as family history and ageing. Although stroke does not wreck havoc on any age or age group exclusively, but older individuals are at higher risk of having stroke than other individuals. This is because the complications of ageing are mainly associated with arterial narrowing and loss of elasticity. Hence the susceptibility of the arteries to be damaged by fatty droplets and other debris in circulation, thus; resulting in stroke is high.

History of severe idiopathic headache, dizziness and vomiting are being clinically associated with haemorrhagic stroke. Facial, arm, or leg weakness on either or especially one side of the body denotes the onset of stroke. Other symptoms include confusion or trouble in understanding other people, difficulty speaking, visionary problems, trouble with walking and coordination.

Obesity and or weight control by the means of lifestyle/dietary modification and exercises are the mainstay for the prevention of stroke. The revelation of the aforementioned symptoms of stroke should urgently be reported to a close healthcare facility for immediate care and complications minimization. Notable blood pressure should be regulated through exercises and medications.

Multidisciplinary approach is essential for the effective management of stroke. This comprises a team of a well trained healthcare professionals and most precisely doctors, speech therapist, occupational therapist and physiotherapists. Surgical procedures can also be employed to repair vascular damage in the case of haemorrhagic stroke, while obstruction of adequate blood flow and oxygen supply to the brain by clogged garbage in the vessels can be flushed out through the use of medication.

The physiotherapy specialty covers a wide scope in the management of patients with neurological conditions such as stroke and their aftermath on the body function. Following stroke, patients show and suffer from multiple complications such as muscles flabbiness, accumulation of secretion in the lungs and loss of speech, loss of balance and coordination, which may not be or difficult to manage by medication.

Various physiotherapy techniques are applied to improve muscle physiology, prevent deformity, improve coordination, facilitate airways clearance by removal of accumulated secretions in lungs and improvement of overall quality of life. Physiotherapists therefore bridge this gap by playing restorative and preventive role in restoring the lost function and preventing post stroke complications.

Abba Muhammad Tawfiq, graduate of Medical Rehabilitation, University of Maiduguri, Borno State, Nigeria.

By Ahmad Deedat Zakari

Doctors, under the auspices of the Nigerian Association of Resident Doctors (NARD), have threatened to embark on a nationwide strike if the Federal Government refuses to meet their demands. 

This was disclosed in a letter signed by NARD president, Dr Emeka Innocent Orji, on Monday. The letter, which was addressed to the Minister of Health, Dr Osagie Enahire, gave the Federal Government an ultimatum of two weeks to meet the demands of the union. 

Dr Orji said the strike would commence if the issues are not resolved before the union’s National Executive Council (NEC) meeting slated for January 24th to 28th. 

The letter read in part, “Sir, our January 2023 National Executive Council meeting has been scheduled for January 24th to 28th, 2023, and we can confirm very clearly feelers that if these issues are not sorted out before that meeting, our members will likely give us a mandate to immediately kick-start processes that will lead to a nationwide industrial disharmony in the health sector.”

The Daily Reality has observed that Nigeria is witnessing its worst brain drain among doctors recently; the poor working condition is mainly responsible for the situation.

By Safiyanu Ladan

The Academic Staff Union of the Universities (ASUU) embarked on an indefinite strike on the 14th February 2022, following years of unresolved issues with the federal government. During the period of the strike, the union had on several occasions met with the federal government representatives headed by the labor and employment minister Chris Ngige with a clear mandate to find a long and lasting solution to the lingering problems but to no avail as the meetings have always ended in deadlock.

Tired and frustrated with that, In September last year, the federal government through the ministry of labor and employment took the union to an industrial court, praying to the court among other things to order the varsity teachers to resume classes with immediate effect. The outcome of the court’s judgement favored the federal government. Paradoxically, the appellant court refused to entertain ASUU’s appeal, saying that until and unless they obey the lower court’s judgement of going back to classes.

The intervention of the speaker, house of representatives Right Hon. Femi Gbajabiamila has paved the way for the varsity workers to get a soft landing in what seems like an unending fracas with the Federal government.

Prolonged and incessant ASUU strikes were this time around followed by a heavy price as the federal government reiterated that, the no work no pay policy has been duly applied to the striking workers. The federal government decision to withhold their salary has generated heated debates and threats from ASUU, but the government remains adamant. Closing down of Universities is at the detriment of students because they are always at the receiving end.

Having been tried but failed to convince the FG to pay the arrears of the past eight months of ASUU members, the management of some universities have decided to compensate that with an increment of students’ school fees. It’s no longer news that some universities have deliberately increased their fees to more than 100%.

It’s now crystal clear that this increment will affect many students because their parents cannot afford to pay such whopping amount of money as school fees. In the meantime, the mass exodus of students dropping out of the universities most especially in the North is imminent. Leaders and everyone should know this. Many students have expressed their worries on the trend and their final resolve to quit.

Safiyanu Ladan wrote from Zariya City and can be reached via uncledoctor24@gmail.com.

By Ahmad Deedat Zakari

The Governor of Anambra State, Charles Soludo, hosted the presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Musa Kwankwaso on Thursday.

Kwankwaso was accompanied by Buba Galadima and other key members of his campaign team to Anambra’s State Government House in Awka. 

Explaining the reason for the visit, Kwankwaso said he was in the state to open the campaign office of his party and decided to pay the governor a courtesy visit. 

Receiving Kwankwaso’s entourage, Soludo commended him for his tenacity and belief in Nigeria. He described Kwankwaso as a man with exemplary public service history, which he called the greatest philanthropy.

Soludo said, “I want to commend your tenacity and belief in the country, your exemplary public service and commitment to our nation. I have always said that those who have something to offer should offer it through public service. Public Service is the biggest philanthropy”

By Lawan Bukar Maigana

I keep telling people that it is too early for us in Nigeria as a whole to adopt a cashless policy. It is just obviously too early. Yesterday, I read a post by Prof. Abdelghaffar Amoka of the Ahmadu Bello University, Zaria, in Kaduna State, about his experience with a Point of Sale, PoS, agent.

He had gone to refill his gas cylinders at the cost of 19k+ and he used a PoS machine to pay for it. Though he was debited, the money wasn’t credited to the PoS agent’s account. Rather than waste his time there, he transferred another money to someone’s account to pay for refilling. He would have become helpless if he was moneyless.

Some weeks back, I experienced a similar thing in Abuja. I went to withdraw 5k using a PoS from a woman at the NYSC parade ground. I was debited but she didn’t receive the money. She then told me that she won’t give me the money until she receives an alert. Luckily, I had a paltry sum left in my account. I then withdrew the money using a different PoS. It took my bank nearly ten days to refund me.

Before then, and about three years ago, I had the same experience with UBA. I used my father’s card to withdraw N100,000. I tried six times, but all of the transactions didn’t dispense cash, and he was debited five times. My dad only knew it after a week. He complained to the bank but they denied it, without carefully checking whether the transactions were successful or not.

They had to call me to come from school. I quickly got to the bank because it involved my father. I had to help them understand that the transactions failed. Only then they rechecked and discovered that I was right. That was indeed an issue bordering on unprofessionalism.

If not because of my father I would have sued the bank, because they threatened me with a police arrest, saying it was a criminal case. My father asked me to accept their apology else I would have sought compensation for making me look like a criminal, while they were at fault.

Before going ahead with its cashless policy, another factual and excusable factor the Apex Bank should consider is the fact that most of our businesses are done in cash, especially those trading in rural communities and towns and other remote areas where there are no banks, no network, no internet, no electricity, no education, and these people form a large portion of the Nigerian populace.

The questions I keep asking myself regarding this policy are: Did the Central Bank of Nigeria build banks in those areas? Would the people be traveling from their various villages to cities to transfer, withdraw or deposit money? What did the government do in place of these challenges? Does CBN have enough manpower to do this job even if they have built banks? Did CBN mistake Abuja, Kano, Lagos, Port Harcourt, and a few cities for Nigeria?

These, among other reasons, are the factors I want the CBN Governor to consider. Before they present this policy, they need to put all these things in place and educate people about it so that people will evaluate its strengths and weaknesses, and decide to either oppose or support it. The CBN didn’t do that. It just woke up from its slumber and served it to the Nigerians a la carte. Time will however tell if Nigerians will embrace it, warts and all.

Lawan Bukar Maigana is a social analyst. He writes from Abuja and can be reached via email: lawanbukarmaigana@gmail.com

By Muhammadu Sabiu 

Seven private depots were closed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for selling gasoline above the N148 per litre permitted by the federal government.

Independent petroleum marketers had complained in recent months that they were purchasing the product from private depots for more than N200 per litre, making it impossible for them to sell the commodity at the government-approved price.

The Authority’s Chief Executive, Engr. Farouk Ahmed, said the depots would be closed until a decision was made on how to proceed while speaking to journalists on New Year’s Eve in Abuja.

Among the companies, he identified were Ardova, Rainoil, TCL, Bluefin, and NEPAL.

According to Engr. Ahmed, two of the depots are in Lagos, two are in Warri, one is each in Oghara, Port Harcourt, and Calabar.

He reassured customers that the closure would not affect the availability of petrol around the nation, stating that there would be enough fuel for about 30 days.

He said that in an effort to lessen fuel shortages, the authority had many discussions with marketers on how to address supply issues that operators were having.

He also noted that certain privately operated depots were found to continue loading the commodity above the government-approved price, despite having obtained the cargo under favourable circumstances.