Nigeria

By Usman Muhammad Salihu 

In Nigeria, amalgamating diverse cultures, religions, ethnicities, and political ideologies presents opportunities and challenges. To navigate this intricate tapestry effectively, embracing diversity is paramount. Rather than viewing differences as divisive, Nigerians should celebrate the richness they bring to the nation’s identity.

Ultimately, the path to unity in Nigeria lies in embracing diversity while recognizing the common bonds that unite its people. Nigerians can forge a stronger, more resilient nation by celebrating their shared heritage and respecting their differences. Through dialogue, education, inclusivity, and a rejection of extremism, they can build a future where diversity is celebrated as a source of strength.

Open and respectful dialogue is the cornerstone of understanding and reconciliation. By engaging in conversations that promote empathy and mutual respect, Nigerians can bridge divides across religious, ethnic, regional, and political lines. Platforms for formal and informal dialogue offer opportunities for meaningful exchanges that foster unity amidst diversity.

Education is a powerful tool for dispelling stereotypes and fostering appreciation for diversity. By promoting educational initiatives highlighting Nigeria’s multifaceted heritage, individuals can better understand their fellow citizens’ perspectives and experiences. 

Nigerians should advocate for policies and practices that promote equal opportunities and representation across all sectors. By championing inclusivity, they can dismantle barriers and create pathways for collaboration and unity.

Nigerians must collectively reject extremism in all its forms and embrace moderation, tolerance, and compromise. They can build a more cohesive and harmonious society by fostering a culture of inclusivity and understanding.

 Navigating Nigeria’s diverse landscape requires a commitment to dialogue, understanding, and inclusivity. By embracing diversity, fostering dialogue, promoting education, advocating for inclusivity, rejecting extremism, engaging in active citizenship, and cultivating unity in diversity, Nigerians can overcome their differences and build a more cohesive and resilient society.

Usman Muhammad Salihu writes and can be reached via muhammadu5363@gmail.com.

By Ammar Muhammad Rajab

On November 1st, 2023, following mobilisation by Ahmadu Bello University, Zaria, I enrolled with the NYSC at one of the accredited centres in Zaria. I was deployed to Wailo Camp in the Ganjuwa Local Government Area of Bauchi State shortly after.

I departed Zaria on November 2, 2023, via a commercial bus. Following a six-hour journey, I arrived in Bauchi and spent the night there. On the afternoon of the 3rd of November, a Friday, I boarded another commercial car for a 60-kilometer journey to the camp where I had been deployed.

Immediately upon my arrival at Wailo camp, I underwent registration with the NYSC officials. Subsequently, I received the necessary items and materials for my three-week stay at the camp. The orientation period blended joy, intensity, lasting memories, education, and valuable information. I vividly recall the rigorous drilling, the monotonous parades, and the enlightening lectures delivered by various professional bodies, including but not limited to the DSS, Army, Police, NHIA, WEMA Bank, Fire Service, NIM, NSE, OIC Foundation, NAFDAC, FRSC, NDLEA, NDE, NGOs, SDGs, NOA, USAID, and YOMA, among others.

The army and Man O’ War were highly professional in their approaches. Despite the unfamiliar circumstances we found ourselves in, I enjoyed the teachings and orientation provided at the camp.

Skills Acquisition and Entrepreneurship Development (SAED), an acronym for a NYSC program established in 2012, was designed to tackle the pervasive issue of unemployment, a significant challenge confronting Nigerian youths and graduates today. This issue has become a national concern as some of our most educated and dynamic individuals are not actively contributing to economic and social development.

The SAED program was charged with raising corps members’ awareness of the realities of the Nigerian job market. Offering foundational entrepreneurship training and practical skills aimed to empower them to consider the possibilities of self-employment or initiating their businesses.

Many corps members harbour disdain for the program, often attributing it to the lengthy duration of both the lectures and practical sessions. During our orientation camp, the program ran daily from 9:00 a.m. to 2:00 p.m., spanning 5 hours. In the classroom, it was common to observe corps members dozing off, engrossed in their smartphones, displaying signs of fatigue, or engaging in other unserious behaviour.

To me, that period was the highlight of the orientation camp. I gained invaluable knowledge, particularly during the lecture delivered by an official from the National Directorate of Employment following the distribution of the guidebook titled “Starting My Own Small Business: Participant’s Workbook.” This lecture was a pivotal and transformative moment for anyone responsible and attentive.

 We were imparted with comprehensive insights into the intricacies of establishing a formal business in Nigeria and the diverse opportunities available across various sectors. We also learned how one could secure grants or loans from government agencies tasked with that responsibility or from commercial banks to facilitate business expansion.

Many individuals who had successfully leveraged these opportunities were invited to deliver practical lectures, and they did so with professionalism and expertise. Their first-hand experiences served as invaluable lessons for us, providing practical insights and guidance on effectively navigating the entrepreneurial landscape.

I listened attentively, maintained focus, and diligently documented all the necessary information provided during the SAED program. Hajia Jummai Idris Reme, the Head of the SAED program in the camp, often reiterated to us that “the SAED program is a corps members’ pathway to wealth creation,” and I wholeheartedly agreed with her sentiment. With commitment and dedication, one could create wealth using the knowledge acquired during the SAED program.

Before attending the camp, I already had a business idea and was working diligently towards realising it. However, attending the SAED classes further ignited and encouraged my efforts. As a result, I recently took the step to register my business with the Corporate Affairs Commission, spurred on by the confidence and insights gained from the SAED program.

In Wailo Camp, I initially participated in the ICT class under the SAED program, but I eventually discontinued my involvement due to some reservations. Subsequently, I joined the educational class, which I found very engaging. However, the class experienced low participation rates. Although we initially started with around twenty-plus participants, we concluded the class with fewer than ten individuals.

Despite the low turnout, I thoroughly enjoyed the educational class. We were exposed to numerous informative, educative, and innovative ideas about education, which enriched my understanding and perspective on the subject.

Most of the participants in the educational class were educators, except myself and one other individual. During this class, I learned about the legal processes involved in opening a private school. I am grateful to Aishatu Yusuf Saje, the head of the educational class, for imparting such valuable knowledge.

Isa Mohammed Inuwa and I were privileged to represent the educational class on Friday, November 17th, 2023, during the camp’s inter-platoon skills acquisition competition exhibition. Following my presentation, Mrs. Rifkatu Daniel Yakubu, the Bauchi State Coordinator, offered valuable advice. She emphasised the importance of establishing a standard school to contribute to our country’s education development. Mrs Yakubu highlighted the prevalence of substandard schools and stressed the significance of ensuring quality education. Her advice resonated deeply with us and reminded us of our responsibility to shape the educational landscape.

With the assistance of the SAED program, four corps members were able to secure a total of 2.3 million Naira in grants. Among the 90 corps members who submitted their business plans, seven were selected to present their proposals to WEMA Bank officials, fellow corps members, and other NYSC officials. Ultimately, four corps members emerged as grant recipients, with amounts awarded: 800,000 Naira, 700,000 Naira, 600,000 Naira, and 200,000 Naira, respectively. This achievement highlights the effectiveness of the SAED program in fostering entrepreneurship and facilitating financial empowerment among corps members.

The prevalent laziness among many youths today contributes negatively to their disdain for the SAED program. Several corps members have expressed that they consider it the most “boring” aspect of the orientation camp. However, the parade is the most tedious part of the camp. This is because I lack any passion for becoming an army or paramilitary officer, which diminishes my enthusiasm for the parade activities.

The blame should not be placed on the NYSC SAED program itself. Instead, the laziness and lack of foresight among many of our youth and graduates hinder their appreciation of this valuable opportunity. The SAED program serves as a platform to showcase talents and acquire knowledge that can be instrumental in thriving during and after the NYSC program. We need to seize this opportunity and make the most of it, as it may only come once in a lifetime.

Ammar Muhammad Rajab is a journalist who writes from Kano and can be reached at ammarmuhammad1993@gmail.com.

By Prof. Abdelghaffar Amoka

In 2011, the exchange rate was 1 USD to 155 naira, and in 2024, it is about 1 USD to 1,550 naira. That is a ratio of 1: 10 for 2011 and 2024.

In 2011, a loaf of bread cost 150 naira, and in 2024, it is about 1,500 naira. That is a ratio of 1: 10 for 2011 and 2024.

In 2011, a bag of maize cost about 5,000 naira. In 2024, it is about 55,000 naira. That is a ratio of 1: 10 for 2011 and 2024.

The price of most basic needs has increased ten times between 2011 and now. That is still a ratio of about 1: 10 for 2011 and 2024.

Then, the price of fuel in 2011 was 65 naira per litre, and the current price in 2024 is about 690 naira. That is still a ratio of about 1: 10 for 2011 and 2024.

If the exchange rate and fuel price remain the same, if the minimum wage was 18,000 naira in 2011, it should be 180,000 naira in 2024.

Abdelghaffar Amoka Abdelmalik, PhD, wrote from Ahmadu Bello University, Zaria. He can be reached via aaabdelmalik@gmail.com.

By Muhammad Muzdaleefa

The groundbreaking ceremony for the AMA Medical Manufacturing OSD Plant marks a turning point for the Nigerian medical industry.

The new plant, which will produce oral solid dosage (OSD) medications, will not only boost the local economy but also improve access to high-quality healthcare for the Nigerian people.

It is a testament to the company’s commitment to investing in the future of healthcare in Nigeria.

The ceremony was conducted by the Director General of the World Trade Organization, Dr. Ngozi Okonjo Iweala, and attended by a number of dignitaries, including the Governor of Kaduna State, Senator Uba Sani, Deputy Governor of Kaduna State, Dr. Hadiza Sabuwa Balarabe, Minister of Health, Prof. Ali Pate, the Permanent Secretary of the Ministry of Trade and Industry, the Vice President’s representative, Emir of Zazzau, Amb. Ahmad Nuhu Bamalli among others.

A number of medical experts from UK, US, Germany and representatives from numerous health organizations were also in attendance, including the ambassador of Indonesia in Nigeria, partners from Korea, and representatives from the National Agency for Food and Drug Administration and Control (NAFDAC).

Also, a number of memorandums of understanding (MoUs) were signed during the ceremony, reflecting the commitment of various stakeholders to supporting the new plant and its mission to improve healthcare in Nigeria.

The event was a clear sign of the importance of the new plant to the future of healthcare in the country. It is imperative to note that prior to the establishment of the AMA Medical Manufacturing plant, there is virtually no medical companies operating in northern Nigeria.

This meant that many people in the region had limited access to high-quality, affordable medical products and services.

The AMA Medical Manufacturing plant aims to address this issue by providing a reliable source of quality medical products for the people of northern Nigeria.

In addition, the plant’s location in Kaduna State, which is central to the region, makes it accessible to a large population and well-positioned to serve as a hub for medical products distribution.

The founder of AMA Medical Manufacturing, Alhaji Musa Bello Abdullahi, chose Kaduna as the location for the new plant because of its strategic location and rich history.

Kaduna is a major transportation hub, with good road, rail, and air links, making it easy to get medical products from the plant to people across the region.

In addition, Kaduna has a long history as a center of industry and commerce, and the founder hopes that the plant will help to revitalize the local economy.

During her address, the DG of the WTO stated that she is pleased to see the establishment of the AMA Medical Manufacturing plant in Kaduna, and believes that it has the potential to become a global leader in medical equipment production.

She has expressed her commitment to providing the company with the necessary support and assistance to help it achieve this goal.

This includes helping the company to access international markets and comply with international standards.

The Minister of Health has also voiced the federal government’s support for the AMA Medical Manufacturing plant, stating that the government is committed to assisting the company in any way possible.

This includes providing regulatory and policy support, as well as assistance with accessing capital and markets. The Minister has expressed confidence that the plant will help to address some of the healthcare challenges facing Nigeria, and will contribute to the overall development of the country.

The establishment of the AMA Medical Manufacturing plant in Kaduna is a significant development for both the state and Nigeria as a whole.

The company has the support of both the federal government and the WTO, and has the potential to become a global leader in the medical equipment industry.

With the right support and commitment, the plant can play a major role in improving healthcare in Nigeria and making the country a more competitive player in the global economy.

The future of medical equipment manufacturing in Nigeria looks bright, thanks to the efforts of AMA Medical Manufacturing.

Muhammad Muzdaleefa writes from Kaduna and can be reached via mohammedadamu736@gmail.

By Bello Sagir

Today is World Speech Day (WSD), 2024! This year’s theme is “Speech for a Better World.” WSD is a day of celebration for all Nigerians and people around the world.

In 2015, Simon Gibson founded WSD at the Athens Democracy Forum to celebrate free speech, public speaking, and public speakers. In 2016, WSD was inaugurated and first celebrated in Athens and Singapore. By 2020, over one hundred countries celebrated WSD. As a result of this milestone, Facebookers and YouTubers began live-streaming the event.

World Speech Day is a celebration day for all Nigerians because, prior to 1960, when we officially became an independent nation from Britain, there were a series of speeches by Sir Abubakar Tafawa Balewa, Herbert Macaulay, Nnamdi Azikiwe, etc., in Britain, some African countries, and, above all, in Nigerian media and during processions and campaigns, all in a bid to free Nigeria from the shackles of the colonial masters.

Sheikh Uthman Danfodio reformed Islam in northern Nigeria, not because he was the most pious or educated person nor because he was the most fearless warrior, but largely, if not solely, because he was a very persuasive speaker.

The same is true of Malam Aminu Kano, who won the Kano East constituency in the federal legislature during the Second Republic. Similarly, in 1979, his party, the PRP, won the Kano and Kaduna gubernatorial seats in a landslide victory.

As we are Black and African, so is Barack Obama, whose father went to the United States from Kenya. Therefore, his political victory affects us. According to analysts, Obama became the first Black African American President because he could speak persuasively to the audience.

Teaching is a form of speech that falls under informative public speaking. That is to say, all educated people are educated because teachers have taught them. Imagine the world without teachers! Would there be medical doctors who take care of our health, engineers who design and make cars for us, pilots who fly us, military and other security personnel who secure us, bankers who keep and manage our money, or even journalists who hunt for news professionally and inform us? Would there be all these personalities and many more?

Regardless of the religion you follow, it reached you through public speakers who are God’s agents. They used largely informative and persuasive public speaking to extend the religion to people. Also, you learn how to worship God through public speakers who teach you at schools the performance of the religion, as prescribed by God and his messenger.

See how public speaking has been instrumental in Nigeria’s independence, the reformation of Islam in Northern Nigeria, educating Northerners (of that time), resisting bad governance, and a person of African descent becoming president of the powerful United States of America.

Additionally, considering how public speaking is responsible for the creature comforts and peace we enjoy, among other things, it is not amiss to conclude that World Speech Day is worth celebrating every year by all of us in our various capacities because, in a way, celebrating the day is celebrating all the public speakers responsible for the civilized world we are all proud of today.

Bello Sagir Imam

Public Speaking Coach

By Abba Abdullahi Garba

There is an apparent misunderstanding of what a kingdom in the Arabian Peninsula (Saudi), Islam, and Muslims mean and what they represent, especially when it comes to the point of view of some Nigerians.

This short, precise, and well-clarified article, under 700 words, will differentiate these things and conclude with the reason why the Saudi Kingdom does not represent Muslims or Islam but Saudi Arabians.

Saudi Arabia Kingdom

The Saudi Kingdom rules Saudi Arabia and represents it worldwide. It acts as the president, prime minister, and legislative body of Saudi Arabia.

Anything that is outside Saudi land is outside the control of the Saudi Kingdom [from religion, spirituality, international politics, et cetera], except what directly relates to it or its citizens.

The Kingdom, just like its counterparts in Qatar, the UAE, and others, has the authority to allow things [like entertainment, sports, et cetera] to take place within their land. And that is their business, not Muslims!

Islam

Islam is a non-modifiable religion practised by over one billion people all over the globe. And those people come from all walks of life and different races.

However, what makes it the perfect choice for many people is the fact that there is no racism, discrimination, indecency, or so many other leftist things. It is a religion that uses over 1,400 years of old scripture, which, to date, no one has modified, and it will remain like that till the end of the world.

Islam does not have a representative country, kingdom, or race. Its representatives are the teachers who taught it appropriately, and even if they cannot modify its teachings, they must teach it the way it is.

Islam promotes peace, tolerance, love for each other, good manners, truthfulness, and honesty, among other things.

I can’t tell you everything about Islam right now because this article is supposed to be short. But, sincerely speaking, Islam is a way of life!

Muslims

Muslims are the people who accept and practice the teachings of Islam regardless of their race, country, or region. And when I say Muslims, I mean all Muslims.

And it is impossible to say this: all Muslims are good people, or all are bad! Some are good people, and some are bad people. Everywhere and in every religion, there are those kinds of people, good and bad.

And the behaviour of one Muslim does not represent Islam if it is against Islamic teachings. It represents that person, not his religion.

And the behaviour of a kingdom that rules a country of people who follow and practice Islam does not represent Islam; rather, it represents that country and its leaders.

Any Islamic preacher or ordinary Muslim whose actions or words are out of Islamic context does not represent Islam but rather his person.

Conclusion

Islam is a religion. Muslims are those who practice it. And the Saudi Kingdom does not represent Muslims or Islam. It represents the people of Saudi Arabia. And Muslims all over the world have no say in what the Kingdom of Saudi Arabia decides for its people in any aspect of life.

So, for those who think the Saudi Kingdom represents Islam, then it is time to change your perception on this topic, for Islam is a religion with no authoritative body that can speak or act on its behalf. And Muslims are those who practice it.

And you can be one too!

Abba Abdullahi Garba wrote from Zugachi, Kano, Nigeria. He can be reached via abbaabdullahigarba@outlook.com.

By Sabiu Abdullahi 

President Bola Tinubu has taken a significant step towards enhancing regional relations by ordering the reopening of Nigeria’s land and air borders with the Republic of Niger.

Additionally, President Tinubu has instructed the lifting of various sanctions imposed on Niger, further strengthening diplomatic ties between the two nations. 

In a statement released by his Special Adviser on Media and Publicity, Ajuri Ngelale, titled ‘Nigeria opens land and air borders with Republic of Niger, lifts other sanctions,’ President Tinubu’s directive shows his government’s commitment to the course. 

Consequently, the President has directed that the following sanctions imposed on the Republic of Niger be lifted immediately: “Closure of land and air borders between Nigeria and Niger Republic, as well as ECOWAS no-fly zone on all commercial flights to and from Niger Republic. 

“Suspension of all commercial and financial transactions between Nigeria and Niger, as well as a freeze of all service transactions, including utility services and electricity to the Niger Republic. 

“Freeze of assets of the Republic of Niger in ECOWAS Central Banks and freeze of assets of the Republic of Niger, state enterprises, and parastatals in commercial banks. 

“Suspension of Niger from all financial assistance and transactions with all financial institutions, particularly EBID and BOAD. 

“Travel bans on government officials and their family members,” the statement read.

By Haruna Chiroma

Binance is widely regarded as the largest cryptocurrency platform globally, facilitating billions of dollars in transactions daily. As of March 3 2024, it had over 179 million registered users across 100 countries and supported over 30 languages. Despite its prominence, this emerging financial institution operates with relatively lax oversight from financial regulatory agencies, unlike traditional financial institutions. This lack of stringent policing renders the platform vulnerable to illicit transactions. 

However, Binance also plays a significant role in fostering economic growth and providing earning opportunities for both digital natives and digital immigrants. Established in 2017, Binance rapidly gained widespread acceptance, particularly among digital natives, spreading rapidly like wildfire. 

Binance has encountered significant resistance from governments worldwide, citing concerns over its lack of transparency and regulatory issues. Numerous countries have completely banned Binance from their cyberspace, prohibiting transactions within their borders. These countries include China, Malaysia, Italy, Vietnam, the Philippines, Thailand, Australia, and several others. Despite all this, Binance is boldly embracing the wave of AI to stay competitive in the cryptocurrency market. 

The company has incorporated an AI token known as “Sleepless AI” into its platform, which is available on the Binance Launchpool. A visit to the Binance website indicates a listing of the top AI crypto tokens according to market capitalisation, with a market cap of over $7 billion and over $1.3 billion in trading volumes. 

Despite being banned from Japan, in 2022, Binance made determined efforts to re-enter the Japanese crypto market by expressing interest in acquiring Sakura, a Japanese crypto company. In another development, Binance sought a crypto license in Germany to facilitate transactions within the country’s crypto market, aiming to expand its presence across Europe. 

However, the crypto giant encountered regulatory hurdles from German financial regulators. In a prompt response, in March 2023, Binance announced the withdrawal of its license application. Following sanctions imposed on Iran, sidelining the country from traditional financial systems, Iran turned to Binance as an alternative gateway to financial institutions. Blockchain data reveals that between 2018 and 2022, Binance facilitated over $8 billion worth of transactions for Iranian firms. 

Banning Binance from a country does not necessarily prevent Binance customers from finding alternative means to conduct transactions within the banned country’s crypto market. The Wall Street Journal, published on August 2, 2022, stated that Binance successfully facilitated over $90 billion in transactions in one month within China’s crypto market. 

In the current digital age, blocking access to Binance is unlikely to be effective. Users can easily bypass restrictions by installing a Virtual Private Network (VPN) with a fleet of thousands of servers across many countries, choosing a server in a country where Binance operates, and accessing the platform with minimal effort. 

In 2021, Binance encountered regulatory challenges in Thailand, with the country’s financial authorities accusing the platform of operating without a license. This led to filing a criminal complaint against Binance with the Thai police. Later, Binance was finally banned from operations in Thailand.

Binance finds itself entangled in a legal dispute with US authorities, facing accusations of violating federal money laundering laws by neglecting to report more than 100,000 transactions deemed suspicious. Prosecutors argue that Binance serves as a prime environment for ransomware transactions (a cyberattack method that denies victims access to their computers until a specified ransom is paid via payment systems) and the exchange of payments for child abuse materials. In what appears to be an effort to resolve the matter out of court, Binance has opted for a plea bargain with US authorities. 

Under the terms of that agreement, Binance agreed to pay the US authorities a substantial fine of over $4.3 billion ($1.81 billion for criminal acts and forfeiture of $2.52 billion). Additionally, Binance plead guilty to sponsoring terrorism and involvement in money laundering. As part of the agreement, Binance has committed to operating within the legal framework and implementing monitoring mechanisms, as reported by Reuters on February 24, 2024. 

On February 24, 2013, NPR reported that the US Securities and Exchange Commission and Commodity Futures Trading Commission filed a lawsuit against Binance in court. The lawsuit was based on the absence of regulatory oversight, highlighting Binance’s operation without stringent policing akin to traditional financial institutions, artificially inflating trade volumes, and diversion of customer funds. 

Currently, Binance is engaged in a contentious dispute with the Nigerian government, which has resulted in the government blocking access to the platform. The government reportedly fined Binance a substantial sum of $10 billion, though the circumstances surrounding the fine are controversial. Users can circumvent the block by utilising a VPN, as previously discussed. Therefore, legalising and regulating the platform would be more prudent rather than the Nigerian government potentially losing billions in revenue through the backdoor. 

Given that Binance handles transactions in billions of dollars, I argue that it would be unwise to discard the benefits along with the drawbacks (“throwing a baby with the bath water”). Particularly in light of the high levels of unemployment among youths and the prevailing hardships in the country, many young people have discovered opportunities in the world of Binance. Therefore, rather than outright banning Binance from Nigeria, integrating it into its legal framework may yield better outcomes. 

As a short-term solution, Binance should be permitted to continue its operations in Nigeria under stringent control mechanisms established within the country’s legal framework, with critical oversight from entities such as the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), and other relevant authorities. 

For a long-term strategy, the CBN and EFCC, in collaboration with the Cybersecurity Department of the Federal University of Technology, Minna, should undertake high-impact research to be sponsored by the CBN and EFCC to develop a robust framework for regulating cryptocurrency operations in Nigeria. This framework should balance Nigeria’s legal system and economic growth objectives. 

Emphasising research and development is a globally recognised best practice for addressing societal challenges instead of relying solely on inter-ministerial committees, which may lack the necessary technical expertise, resources and research skills. 

Haruna Chiroma, Ph.D. Artificial Intelligence, wrote from the University of Hafr Al Batin, Saudi Arabia, via freedonchi@yahoo.com.

By Haroon Aremu

Nigeria’s current economic woes are not isolated incidents but rather the peak of years of systemic challenges and policy missteps. From the decline of industries in the 1990s to the era of military rule marked by corruption and mismanagement, the nation has weathered numerous storms on its path to progress. 

In the vibrant tapestry of Nigeria’s economic history, the 1980s stood as a golden era marked by robust growth, industrialization, and promise. However, the echoes of prosperity have gradually faded into the stark reality of economic downturns, leaving the populace grappling with unprecedented challenges.

The 1980s witnessed Nigeria’s emergence as an economic powerhouse, fueled by oil revenue and ambitious development projects. With a thriving manufacturing sector, a stable currency that cannot be competed with and strategic investments in infrastructure, the nation seemed poised for enduring prosperity. 

However, the dawn of the new millennium brought with it a stark reality check as the nation grappled with a series of economic setbacks that threatened to undo decades of progress. Mismanagement, corruption, and global market fluctuations emerged as formidable adversaries, eroding confidence in Nigeria’s economic prowess and exposing deep-seated vulnerabilities. 

While well-intentioned, the decision to remove fuel subsidies proved to be a double-edged sword, unleashing a torrent of consequences that reverberated throughout society. The subsequent free fall of the Naira sent shockwaves through the economy, triggering a cascade of hardships that tested the populace’s resilience. 

Hyperinflation ran rampant, rendering incomes inadequate and purchasing power a distant memory. Faced with dwindling resources and mounting uncertainty, Nigerians found themselves thrust into a desperate struggle for survival.

To understand the gravity of Nigeria’s economic predicament, one must delve into its root causes, which are as deep-seated as they are complex. Corruption, a scourge that has plagued the nation for decades, continues to gnaw away at its foundations, siphoning off resources meant for public good and fostering an environment of impunity.

Inefficiency and a lack of diversification further compound the problem, leaving Nigeria’s economy dangerously reliant on oil revenue—a precarious position exacerbated by volatile global markets and shifting geopolitical dynamics. 

Despite ample opportunities for growth and development in sectors such as agriculture and manufacturing, inadequate investment and strategic planning have stymied progress and perpetuated cycles of poverty.

The failure to address these systemic issues has left Nigeria vulnerable to external shocks and internal instability, undermining efforts to achieve sustainable development and improve the lives of its citizens. Without decisive action and a concerted effort to address the root causes of its economic woes, Nigeria risks being trapped in a cycle of decline, with far-reaching consequences for generations to come.

Amidst this economic quagmire, the Arewa Economic Forum (AEF) emerges as a beacon of hope, advocating for pragmatic solutions to stem the tide of despair. In a recent press briefing that took place at PRNigeria Centre Abuja, Chairman Ibrahim Shehu Dandakata delivered a compelling call to action, urging a rethink of subsidy removal policies and proactive measures to address the pressing issues at hand.

The AEF highlights the adverse effects of fuel subsidy removal on the populace, citing the widening gap between state allocations and tangible improvements in livelihoods. Calling for a reversal of the subsidy removal policy, the forum emphasizes the need for accountable governance and targeted interventions to alleviate the suffering of the masses.

In a comprehensive approach to economic revitalization, the AEF advocates for strategic investments in agriculture and artisanal mining. By harnessing the potential of these sectors, the nation can unlock opportunities for job creation and sustainable development, empowering local communities and diversifying the economy.

Recognizing the detrimental impact of forex crises on the economy, the AEF calls for decisive action to stabilize the Naira and curb illicit financial practices. Proposals include banning the use of dollars for domestic transactions and cracking down on currency hoarding, signalling a commitment to restoring confidence in the national currency.

At the heart of Nigeria’s economic resurgence lies a renewed focus on education and skills development. The AEF emphasizes the importance of equipping the youth with practical skills and knowledge that align with market demands, fostering a generation of innovators and problem-solvers poised to drive sustainable growth.

To President Tinubu, As the leader of our great nation, the burden of Nigeria’s economic hardship weighs heavily on your shoulders. In these trying times, we implore you to remain steadfast in your commitment to steering the country towards prosperity. The recent press briefing by the Arewa Economic Forum underscores the urgency of the situation and the need for decisive action.

The removal of fuel subsidies has inflicted untold suffering on the populace, exacerbating inflation and widening the gap between the rich and the poor. We urge you to heed the call for policy reversal and prioritize the welfare of the Nigerian people above all else. Your leadership in this critical moment will determine the trajectory of our nation’s future.

Solving Nigeria’s economic woes is not the sole responsibility of the government; it requires collective effort and sacrifice from all stakeholders. Citizens must hold their leaders accountable, demand transparency, and actively participate in nation-building initiatives. Only through unity and collaboration can we overcome the challenges that lie ahead. 

As Nigeria stands at a crossroads, the imperative for decisive action has never been clearer. The Arewa Economic Forum’s impassioned plea for reform resonates across the nation, igniting fervour for change and renewal. It is a call to reclaim Nigeria’s economic destiny, guided by foresight, resilience, and a shared commitment to prosperity for all.

In conclusion, let us remain prayerful and hopeful that Nigeria will emerge stronger from this economic downturn. With resilience, determination, and a shared vision for a brighter future, we can overcome adversity and build a nation where prosperity is accessible to all. God bless Nigeria.

Haroon Aremu Abiodun is a youth corps member with PRNigeria Centre, Abuja.

By Umar Namadi

International Press Centre (IPC) held a two-day capacity-building workshop on combatting information disorder in democratic governance reporting using fact-checking and FOI tools. 

The workshop is being held as part of the activities under Component 4 (Support to Media) of the European Union Support to Democratic Governance in Nigeria (EUSDGN II) project. IPC is the lead implementing partner. 

The two-day workshop held at Bafra International Hotel in Kaduna had in attendance 40 participants across nine (9) states of Northern Nigeria (Abuja, Kaduna, Kastina, Niger, Bauchi, Jigawa, Kano, Jos, Benue) who are new/mid-level journalists, community journalists, freelance journalists, etc. 

Participants were introduced to the rudiments of fact-checking using a tool and how to hold government and public institutions accountable for their activities using the FOIA (2011). 

As the program manager, Mrs Stella Nwofia, stated in her welcome address at the Sardauna Hall in the hotel, “The training program seeks to address a critical aspect highlighted in the EU-EOM final report on the 2023 general elections, which underlines that online social platforms played a significant role in both campaigning and public oversight of the electoral process. 

However, there were instances where these platforms were misused, either for campaigning lacking transparency or for creating misleading impressions of widespread support. 

Despite repeated warnings from government officials about the dangers of misinformation, various entities, including individuals associated with major political parties, disseminated false information online. 

Additionally, the report notes that major parties utilised paid advertising on online platforms. However, the full extent of this practice remained obscured due to a lack of transparency within these platforms.” 

She added that “The training program, which commenced in Ondo State as the initial phase and was followed by Port-Harcourt, is designed as a three-part series. Its primary goal is to provide journalists nationwide with essential tools, skills, and knowledge. The program aims to empower journalists to adeptly navigate the challenges of the digital era while maintaining standards of responsibility and ethical behaviour.

“Our goal is to empower journalists to uphold truth, advocate for integrity, and safeguard democracy by promoting a culture of critical thinking, fact verification, and media literacy.”