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Foreign Affairs"No More Trump"...one More Crooked Trump!!! by z07ion(op): 9:58pm On Nov 16, 2024
The United States of America as the greatest economy, world power and bastion of global democracy should not be totally denegrated and condemned because a felon has TRUMPED himself into the helm of affairs!
Donald Trump broke the Guinness Book of Records as THE VERY first CONVICT to contest a presidential election and declared winner to mount the podium from 20th January 2025!

He garnered through a misguided and vision less motley Electoral College, 295 votes to "defeat " Presidential Candidate of the ruling Democratic Party, Kamala Harris who got 226 votes at the end of counting! He also won in the popular votes!
It is on record that Donald Trump organized a treasonable attack on the CAPITOL - (Seat of the US Congress) - when he lost to the incumbent President Joe Biden in 2020 when his demented thugs invaded and inflicted terrible damages on the sacred buildings and Legislators who were in session!
Prior to the Presidential Election of Tuesday 5th November 2024, this felon "PLAYED A TRUMP CARD" by boasting that he would neither accept nor concede defeat if he lost but would make America ungovernable! [Dictionary meaning of trump]: In bridge, whist, and similar card games, a playing card of the suit chosen to rank above the others, which can win a trick where a card of a different suit has been led; * "declarer ruffs the opening lead and plays a trump - a valuable resource that may be used, especially as a surprise, in order to gain an advantage!

IT IS BELIEVED THAT THE TWO ASSASSINATION ATTEMPTS ON HIM DURING THE ELECTIONEERING CAMPAIGNS WE'RE MASTER - MINDED AND STAGE - MANAGED!
THEY WERE TRUMP CARDS!
BREAKING NEWS
AMERICANS VOTED 34 CRIMES CONVICT': TRUMP'S VICTORY ANGERS NIGERIA'S EX-MINISTER!
Excerpts as published on November 6, 2024.
Prof. Bolaji Akinyemi, Nigeria’s Former Minister of Foreign Affairs has expressed disappointment over the outcome of the presidential election in the United States in which Republican Donald Trump defeated Democrat's Woman Candidate Vice president Kamala Harris! Reacting, Akinyemi described Trump’s victory as crudity and over-refinement. While featuring on an Arise TV program, the former Minister opined that Trump as an ex-convict, lacks the capacity to lead the American people.
According to him, Trump has been convicted of 34 different crimes in the country.
“What just happened in America is a victory of crudity, over-refinement, and all that the United States should not stand for.
“This is a victory for what the world is not expecting from a country that prides itself as the bright light on a shining hill.
“It’s hard to understand why people will vote for a person that has been convicted of 34 crimes”

[Please find out below why Donald Trump brazenly bulldozed his way into the prestigious US White House Oval Office!]
US ELECTION 2024: CAN DONALD TRUMP VOTE AS A CONVICTED CRIMINAL?
WHAT THE LAW SAYS:
Written By Gulam Jeelani.
US Election 2024: If elected, Donald Trump would be the first convicted president, having been found guilty of falsifying records. Florida laws on voting won't apply to him due to a New York statute allowing felons to vote if not incarcerated. Republican nominee, Donald Trump will be the first convicted individual to become US President and sit in the Oval Office, if he wins the tight race to White House against Democrat Kamala Harris. The US laws do not prohibit convicted individuals from contesting for Presidential post. But can the former US President cast his vote as a convicted individual. As per the law in Trump's home state of Florida, felons are not allowed to vote until they serve the sentence, or in some cases, had their voting rights restored through the State Clemency Board, according to a New York Times report.
But these rules will not apply on Trump. Florida law stipulates that those convicted out of state are beholden to the voting laws of the state in which they were convicted.

Trump convicted in Manhattan, New York, in May this year. He benefits from a 2021 New York State law that allows felons to vote as long as they are not incarcerated, a CNN report says.

CONVICTED IN NEW YORK

The former President was found guilty of 34 counts of falsifying business records relating to a hush-money payment to the adult film starStormy Daniels, making him the first former president to be convicted of felony.
The sentencing in the case is scheduled on November 26. Trump had initially said he planned to vote early but then decided to vote in person on Election Day - today.
During his previous term (2016-2020), Trump became the first president to be impeached twice. First for withholding military aid to pressure Ukraine to investigate his political opponents and then for instigating a ‘coup’ on January 6, 2021 after his defeat to Democrat Joe Biden.

THE DOLLAR GAME - ELON MUSK & CO!
BILLIONAIRES SUPPORT FOR TRUMP - BIRDS OF A FEATHER!

Acclaimed world richest man , Elon Musk fraternized with Five other billionaires to support and sponsor the just elected Donald Trump with raffle draw incentives of ONE MILLION A DAY SWEEPSTAKES to bait the generality of the MIDDLE CLASS ELECTORATE until election Day and was backed by a Pennsylvanian Judge ruling! In less than 48 hours of the results Musk's wealth had appreciated by USD $13billion through multiple investments in hisTesla Electric Car Industry! The same windfall must have favored the others!
The billionaire businessman has revealed that people make their political decisions based on tribal sentiments rather than logical reasons!
This assertion on his X media page brought about mixed reactions among commentators in the United States!
THEIR STUPENDOUS WEALTH IS SUSPECT! THEY BANKROLLED A FELON TO WHITE HOUSE BECAUSE THEY HARDLY PAY TAXES! (Check Donald Trump’s biography in Wikipedia to confirm how he made his illicit billions of US$ DOLLARS)!

CAN DONALD TRUMP REVERSE HIS CONVICTION ON ASSUMPTION IN 2025 AS 47TH AMERICAN PRESIDENT?
"AMERICA, THEIR AMERICA." BY J.P. CLARK.
"America, Their America" (1964) is a personal journal and travelogue by Nigerian writer J. P. Clark. A year’s study at Princeton University on a foundation grant resulted in his America, Their America (1964), in which he attacks American middle-class values, from capitalism to Black American lifestyles.
WHAT LESSONS FOR AFRICA?
Donald Trump in his seven point agenda states as follows:
*Will deport all illegal and undocumented migrants.
*Will move on the economy on taxes and tariffs.
*Cut climate regulations
* End Ukraine War.
* No abortion ban.
* Pardon some January 6 2021 CAPITOL RIOTERS.
* Sack Special Counsel Jack Smith, who professionally handled his trials and convictions!
It is estimated that there are more than 10 million illegal immigrants in the United States of America out of which Africans are in large majority!
Donald Trump is a die-hard racist who has never hidden his hatred for the entire BLACK RACE and is determined to pursue his selfish agenda of AMERICA FIRST which is a mere smokescreen!
Africans MUST UNITE and build a more economically formidable United Continent that will command universal respect and attention!

And whereas America is nation populated by immigrants from all over the world and therefore one man cannot change the status quo, as enacted by the Founding Fathers;;not now, not ever!
DONALD TRUMP HAS ONLY FOUR YEARS TO REPENT OR PERISH!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigerian Street Children Will Explode More “bombs” Soonest! by z07ion(op): 11:10pm On Nov 02, 2024
Nigeria's Minister of Education was sacked along with other indolent appointees in a lackluster rudderless cabinet of Bola Tinubu - SO WHAT!
What has the sack got to do with the shameful fact that not less than 20 MILLION NIGERIAN CHILDREN ARE ON THE STREETS and Mr. President does not comprehend the calamitous implications to NATIONAL SECURITY because Education is treated with LEVITY in Nigeria! (Please find towards the end, a short expose' on "Allegations of Derelictions against ex-Minister of Education"wink. Literature on philosophy of education is replete with a variety of definitions of the word “education.” Some scholars define education as: “the transmission of life by the living to the living,” while others define it as “the acquisition of the art of the utilisation of knowledge” (Whitehead, 1962).
Author Hubert Spencer says "Education is complete living"; William B Yeats "Education is not filling a bucket but lightening a fire.;" Horace Mann "Education must bring the practice as nearly as possible to theory;" According to J F Herbert "Education is the development of good moral character."

According to the United Nations Children's Fund (UNICEF), one in three Nigerian children is out of school. This totals about 10.2 million children at the primary level and about 8.1 million at the junior secondary school level. 23 Jan 2024.
Nigeria can aptly be described as a country where ILLITERATE POLITICAL JOBBERS thrive successfully because qualitative educational qualification is the least of their problems!

The defective/offensive Military 1999 Constitution of the Federal Republic Section 130 (1) (2), 131 (d) stipulate educational requirement for the position of President as "at least School Certificate level or its equivalent" - same applies to all political appointments from Ward level!
Therefore very few past Nigerian leaders - especially at the level of Presidency ever bothered about Sections 18 (1-3 (a-d); which make education from primary to tertiary free and compulsory for citizens:
18 (1) Government shall direct its policy towards ensuring that there are equal and adequate educational opportunities at all levels.
(2) Government shall promote science and technology
3) Government shall strive to eradicate illiteracy; and to this end Government shall as and when practicable provide
(a) Free, compulsory and universal primary education;
(b) Free secondary education;
(c) Free university education; and
(d) Free adult literacy programme.

GENESIS OF OUT-OF-SCHOOL CHILDREN - MOSTLY FROM THE NORTHERN STATES!

While most Southern States especially the West and Mid-West from early Independence in the '60s introduced FREE PRIMARY EDUCATION, the Northern States failed to nurture their youths in any formal education except the Islamic up to the final hand-over of reins of government to the Civil Population by the Nigerian Army in 1999!

SENATOR ALI MODU SHERIFF (SAS) BORNU STATE GOVERNOR (2003-2011).

It is on record that a two -term State Governor, Senator Ali Modu Sheriff contributed largely to the ILLITERACY FAILURE of Borno State Children during his tenure!
He failed to send them to schools to acquire Western Education and by implication turned them into STREET URCHINS who begged for alms for sustenance!
Those children became puns in the hands of Jihadists and eventually metamorphosed into the dreaded BOKO HARAM TERRORISTS WHO HAVE BEEN DETONATING BOMBS ACROSS NIGERIA IN THE PAST 15 YEARS! He allegedly master-minded their activities to boost his political status while in office. Although he denied the accusations severally, there is no way he could absolve himself of the guilt of DENYING those ebullient youths good education which they were entitled to according to the 1999 Constitution of Nigeria!
Compulsory child education is a worldwide phenomenon and Nigeria is not an exception!

UNESCO BENCHMARK FOR GLOBAL EDUCATION.

Despite the apparent commitment, it is crucial to note that the United Nations Educational Scientific and Cultural Organization (UNESCO) recommends that nations allocate at least 26% of their annual budgets to education but Nigeria's Education Budget Allocation always fell below par!
Tinubu’s Government claims to have allocated about 7.9% of the 2024 budget, a bit higher than in previous years. The provision for Universal Basic Education is 11.5% of the total allocation, while 32.1% goes to TETFUND and 56.24% goes to other ministries, departments, and agencies. Over the years, Nigeria paid lip service to National Education in spite of its importance as the bedrock of economic and security engagements/operations and now swallows the bitter pills of daily insecurity of lives and property! However, the Academic Staff Union of Universities (ASUU) President disclosed recently that only 6% of Nigeria’s 2024 Budget was allocated to EDUCATION!

ALLEGATIONS OF DERELICTION OF DUTY AGAINST EX-MINISTER OF EDUCATION!

A Non-Governmental Agency (NGO), Education for Accelerated Development (EDAD) stated recently that Prof. Tahir Mamman's SACK was long overdue.
According to the Group, “Mamman was on a mission to reverse the 'gains' made in the education sector in recent times"!
Some critical reasons for the minister's dismissal, WHICH DID NOT INCLUDE REHABILITATION OF 20 MILLION NIGERIAN STREET CHILDREN according to the NGO are as follows:
* "providing misinformation leading to diplomatic conflict," which strained relations between Nigeria, Benin Republic, and Togo.
* "claims about the accreditation of universities in Benin were deemed inaccurate, because only three institutions were accredited when over 50 actually hold this status."
* “mishandling foreign students’ participation in the National Youth Service Corps (NYSC) scheme, causing thousands to be denied entry into the programme."
* “conflicts among major educational bodies, including the National Board for Technical Education (NBTE) and the Joint Admissions and Matriculation Board (JAMB)"
* “inefficiencies in the accreditation processes, a controversial 18-year minimum age policy for university admissions that resulted in lawsuits, and a lack of cooperation with fellow officials, which contributed to operational inefficiencies within the Ministry."


NOTHING TO WRITE HOME ABOUT TINUBU'S ADMINISTRATION!

Who is sacking Who? From the onset of this administration the entire population of Nigeria condemned negative policies of an un-prepared President Tinubu who WAS sacked in THE COURT OF PUBLIC OPINION BY THE CITIZENS FOR POLICY GAFFES ON THE DAY OF HIS INVESTITUTURE - 29TH MAY 2023!
He does not possess the “locus standi” to sack unproductive team mates who could not deliver DIVIDENDS OF DEMOCRACY IN 14 MONTHS OF AN ADMINISTRATION THAT HAS GULPED BILLIONS OF $US DOLLARS IN TAXPAYERS MONEY ON CONCURRENT INSTEAD CAPITAL EXPENDITURES?

Is this not a case of the POT CALLING THE KETTLE BLACK?
There's only one OPTION open to Mr.Tinubu: HE MUST LISTEN TO THE PATRIOTS DEMANDS FOR SOLUTION TO NIGERIA'S SEEMINGLY INTRACTABLE PROBLEMS – WHICH IS, THE INSTITUTION OF A ONE HOUSE (UNICAMERAL) PARLIAMENTARY SYSTEM THROUGH REFERENDUM!

These eminent group of elders in the Society have lent their voices to the very SALIENT DEMAND and WE EXPECT THAT TINUBU WILL BE WISE ENOUGH TO ACTUALIZE IT BEFORE THE MONTH OF MAY 2025 which will be exactly NINE MONTHS from the visit to Aso Villa by the Patriots!
HE HAS NO OTHER OPTION! MAY THE GOOD LORD SAVE HIM THAT HE DOES THE NEEDFUL!
BREAKING NEWS: Tinubu’s daughter, Iyaloja General of Nigeria, has been appointed “Ambassador for Almajiris and Out-of-School Children”!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigeria On The Verge Of Economic Suicide Through One Man's Disobedience! by z07ion(op): 8:56pm On Oct 26, 2024
"For as through the one man's disobedience the many were made sinners, even so through the obedience of the one shall the many be made righteous. Clearly, through one person's disobedience humanity became sinful, and through one person's obedience humanity will receive God's approval."(Romans, 5:19). PETROLEUM SUBSIDY was not a CURSE to Nigeria’s economy but a BLESSING to the critical mass of its citizens who lived in abject POVERTY!

Subsidies had been in place since the 1970s, when the government sold petrol to Nigerians at a price below cost – though most consumers weren't aware of this. The 1977 Price Control Act made it illegal for some products (including petrol) to be sold above the regulated price. Consecutive military juntas which were in power for almost 30 years did not remove subsidy because petroleum products especially PMS, were the only dividends enjoyed by the masses whose liberty and freedom had been abrogated with the suspension of the Nigerian Constitution!
AND from 1999 until 28th May 2023, Petroleum Subsidy regime subsisted in spite of obnoxious/incessant pump price increases.

BY ONE MAN'S DISOBEDIENCE HELL WAS LET LOOSE ON; NIGERIA’S ECONOMY!
ON THE MORNING OF 29th May 2023, the "INVESTITURE DAY OF ONE MAN - PRESIDENT BOLA TINUBU" NIGERIA'S ECONOMIC LANDSCAPE TURNED FROM SUBLIME TRANQUILITY TO CHAOS AND TREPIDATION ACROSS THE LENGTH & BREATH OF THE NATION THROUGH THE ARBITRARY REMOVAL OF PETROL SUBSIDY!
While Tinubu continued His ECONOMIC DESTABILIZATION SPEECH at the Eagle Square Venue of the swearing-in-ceremony, Petroleum Marketers immediately adjusted pump price which plummeted from N195 naira per litre to N617 and presently in October 2024 sells at between N1, 080 - N1, 200 naira across the entire federation!

BUT THE GOOD NEWS IS THAT THROUGH THE UNICAMERAL (ONE HOUSE) PARLIAMENTARY SYSTEM OF GOVERNMENT THAT WOULD DEBUT VERY SOON THROUGH DIVINE INTERVENTION, A CHOSEN MAN'S OBEDIENCE WILL RESTORE SANITY INTO THE ECONOMIC ARCHITECTURE!

THE DISCOVERY OF CRUDE IN NIGERIA!

Oil was reportedly first discovered in Bayelsa State, in the Niger Delta, in 1956. According to the Organization of the Petroleum Export Countries (OPEC), Nigeria currently has the world's tenth largest crude oil reserves and is the world's thirteenth-largest producer of crude oil.

A MISNOMER IN GOVERNMENT!

Bola Tinubu like US Donald Trump is a multi- billionaire adventurist businessman who believed he could gamble to add political power at the highest level of government to his laurels and actually "succeeded" through a corrupt/manipulated system!
He has no business in government and that is why he failed woefully from the onset by putting the WRONG FOOT FORWARD THROUGH AN UNCEREBRAL SPONTANEOUS POLICY DECISION OF REMOVAL OF PETROL SUBSIDY WITH NEITHER CABINET MINISTERS NOR AN ECONOMIC ADVISORY TEAM WHICH WOULD HAVE PREVENTED THE DISASTROUS AND CATASTROPHIC EFFECTS CURRENTLY RAVAGING THE VERY POOR MASSES!
And Whereas Mr.Tinubu had been Leader of the APC Ruling Party's from 2015 and was aware of the fact that his predecessor in office rtd Major General Muhammadu Buhari was the Military leader who supervised over a very corrupt system which earned Nigeria the worst of negative international indexes because monies were borrowed to satiate the reckless and luxurious lifestyles of the politicians while the very poor masses wallow in squalor!

129 MILLION NIGERIAN CITIZENS ARE TRAPPED IN POVERTY SAYS WORLD BANK!

The World Bank, a major lender to Nigeria has confirmed in a recent 2024 Report that 129 million Nigerians are trapped in poverty to confirm a previous report in November 2022 by the National Bureau of Statistics (NBS), that 133 million Nigerians faced MULTI-DIMENSIONAL POVERTY in spite of the avalanche of borrowed monies in circulation and that the nation's official currency (NAIRA), was among the worst performing in the world!
*Debt owed to World Bank in 2024 is USD$16.5bn dollars!
According to the World Bank's latest financial statements, Nigeria's exposure to the IDA surged by 14.4 per cent, rising from $14.3bn in fiscal year 2023 to $16.5bn in fiscal year 2024, thus becoming World Bank's IDA third-largest debtor!

World Bank’s International Development Association (IDA) works with a large network of global, regional and local partners to reach poorest people and deliver sustainable result.

NIGERIA'S NAIRA IS AMONG THE MOST WORTHLESS IN THE WORLD! Says World Bank.

An October heart-rending media report by Africa's Pulse states that the NAIRA was prominent on the list of worst-performing currencies in Sub-Saharan Africa in 2024, according to the World's Apex Bank,!
The official currency which exchanges between N1,637.96 - N1, 684.640 to 1 US Dollar, further depreciated late August 2024, by approximately 43 per cent year-to-date, making it one of the region’s weakest currencies alongside the Ethiopian birr and South Sudanese pound.

According to analysts, several factors, including surging demand for US dollars in the parallel market, limited dollar inflows, and delays in foreign exchange disbursements by Nigeria’s Central Bank.
The World Bank’s report further highlighted that demand for dollars, driven by financial institutions, non-financial end-users, and money managers, has exacerbated the pressure on the naira.
“By August 2024, the Ethiopian birr, Nigerian naira, and South Sudanese pound were among the worst performers in the region. The Nigerian naira continued losing value, with a year-to-date depreciation of about 43 per cent as of end-August.
“Surges in demand for US dollars in the parallel market, driven by financial institutions, money managers, and non-financial end-users, combined with limited dollar inflows and slow foreign exchange disbursements to currency exchange bureaus by the central bank explain the weakening of the naira", the report further expatiated.

NIGERIA IS ALSO INDEBTED TO THE INTERNATIONAL MONETARY FUND! (IMF).

In 1986 under General Ibrahim Babangida's rule, Nigeria initiated its first IMF loan request under the conditions of a Structural Adjustment Program (SAP). SAP refers to the conditionality attached to an IMF loan given to a country, implemented to ensure that the country will establish institutional changes and economic reforms that will facilitate timely repayment.
In July 1986, the structural adjustment program was established under several conditions:
* First, reduce Nigeria's dependence on the oil sector;
* Second, maintain a medium term balance of payment;
* Third, construct a minimal non-inflationary economic growth structure;
* And lastly, aim to reduce unproductive investments.
These stipulations were attempts to promote domestic production, decrease dependency on the oil market, and lessen import needs.
Since 1987, Nigeria has participated in IMF loan arrangements on February 3, 1989, January 9, 1991, August 4, 2000, and most recently, in 2020 a $3.4 billion IMF loan, reaching 100 percent of its national quota. Ultimately, in 1986, Nigeria decided against supporting the $2.4 billion loan from the IMF due to political tensions and the domestic resistance against the IMF's conditions to eliminate the petroleum subsidy and to devalue the naira.
Nigeria has received a loan of $3.4billion from the International Monetary Fund (IMF). The loan was given to support the country's efforts to address the adverse economic impact of the coronavirus and the fall in the price of oil, Nigeria's major export commodity.

WORLD BANK ALSO SAYS IT WOULD TAKE NIGERIA NOT LESS THAN 15 YEARS TO GET OUT OF THE WOODS!
PRESIDENT TINUBU MUST REVERSE ALL UNWORKABLE ECONOMIC POLICIES, YIELD TO THE PATRIOTS/CITIZENS DEMANDS FOR A PARLIAMENTARY SYSTEM THROUGH REFERENDUM WITHOUT FURTHER DELAY!
"A Word Is Sufficient For The Wise"!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsA Disorganized And Corrupt Nigerian Judiciary Will Set Nigeria On Fire! by z07ion(op): 9:33pm On Oct 19, 2024
The new Chief Justice of Nigeria, Hon Mr. Justice Kudirat Kekere-Ekun (MFR), should be held responsible for the ongoing imbroglio in Rivers State following conflicting State and Federal Courts Judgments in respect of procedure for Local Government Elections!
Massive destruction of lives and properties, conflagration of strategic State structures and bloodshed erupted as the Nigeria Police Force withdrew its security apparatuses of men and armory from the public space in "obedience to the Federal Court order from Abuja" which banned the elections on 5th October 2024! And whereas, there was an earlier State High Court order which granted a go-ahead for the elections to hold on the appointed date 5th October 2024 by the Rivers State Independent Electoral Commission (RSIEC)!
The Chief Justice should have put her house in order! The erring High Court Judge in Abuja who was not superior to his counterpart in Rivers State should have been queried to avoid the current disaster being witnessed! Courts of co-ordinate jurisdiction are never in conflict in order climes except in Nigeria where there is no longer a demarcation between politicking and professionalism!

THE SUPREME COURT JUDGEMENT ON LOCAL GOVERNMENT ELECTIONS?

On July 11, 2024, the Supreme Court delivered a landmark judgment affirming the financial autonomy of Nigeria's 774 Local Government Councils. The verdict will enable Local Governments to make decisions and take actions without needing approval from State Governments adding that local governments can now manage their finances, collect revenues, and allocate resources without state government interference.

PART TWO OF THE JUDICIARY DERELICTION OF DUTY IN RIVERS STATE!

The Nigerian Judiciary pretends not to be aware of the feud between the current minister of the Federal Capital Territory Mr. Nyesom Wike erstwhile Rivers State Governor and the incumbent Governor Siminalayi Fubara due to the insistence of the former to still hold on to power by PROXY!

AND WHEREAS THE FOLLOWING FACTS ARE IN THE PUBLIC DOMAIN!

1. Following the ensuing power tussle between the duo, 27 pro-Wike Legislators out of the 32-State House of Assembly members defected from the ruling Peoples Democratic Party (PDP), to the Federal Government's All Progressives Congress which appointed Wike as minister!
2. The development debuted in court litigation and their SEATS were declared VACANT! The High Court also ordered that fresh elections be conducted for new candidates to fill the vacant posts!
3. In the process of time, Governor Fubara forged ahead with FIVE Legislators in continuation of State duties and eventually in December 2023, presented a Budget of N800 billion naira which was approved by the Legislators who did not constitute the mandatory ONE THIRD Constitutional Provisions.
4. Appeal Court voids Rivers’ 2024 budget, affirms Wike-backed lawmakers, speaker A three-judge panel of the Court of Appeal ruled in favour of FCT minister Nyesom Wike-backed state lawmakers on Thursday. October 10, 2024
Media Report - Premium Times:
The Court of Appeal in Abuja on Thursday affirmed a lower court’s decision nullifying the Rivers State’s 2024 budget signed into law and being operated by Governor Siminalayi Fubara.
The N800 billion budget passed in December 2023 by a faction of the fractured state’s House of Assembly consisting of four lawmakers led by Edison Ehie. The faction is loyal to Governor Fubara.
A three-judge panel of the Court of Appeal led by Joseph Oyewole unanimously affirmed the House’s faction led by Speaker Martin Amaewhule as the legitimate legislative authority, which had earlier invalidated the state’s 2024 budget.. .
Mr Oyewole made the pronouncements after dismissing the appeal filed by Governor Fubara against the 22 January decision of the Federal High Court in Abuja.
5. Although Governor Fubara is now in a dilemma but from all available reports he would not yield any grounds! According to him the 27 Legislators do not exist in the eyes of the LAW and therefore had no power to abrogate the State Budget!
6. Fubara is believed to be heading for the Supreme Court which may not reverse decision of the Appeal Court and is likely to expose himself to imminent impeachment action except a miracle occurs!
Until the obnoxious, defective and offensive 1999 Military Constitution of the Federal Republic of Nigeria is abrogated, more States could still experience arson, conflagration or incidenciary of an unprecedented nature! The ONE HOUSE Parliamentary System of Government in Nigeria is closer than the PESSIMISTS think!

The Three Tiers of the Nigerian Government i.e., the Executive, Legislature and the Judiciary are still being manipulated through the 24-year-old maligned Constitution! Administrative impunity coupled with political rascality had been the order of the day from 29th May 1999 and with increasing rapidity has consumed the 36 States of Federation!
Flagrant disobedience to orders/ judgments from the lower to the apex courts by government institutions and influential citizens are unabated!

RIVERS STATE IS IN CURRENTLY IN THE EYE OF THE STORM!

Following two conflicting High Court orders in the month of September 2024 in respect of the convening of local government elections, contending "power brokers" in Rivers State decided to take laws into their hands and subsequently inflicted more suffering on the unfortunate innocent citizens who became victims of political thugs who also vandalized Strategic structures in three local governments areas of the State because the October 5th 2024 date of the State High Court was observed!

SOLUTION TO THE DEBACLE!

Some un-informed Nigerians have suggested that President Bola Tinubu to whom Wike holds allegiance should arbitrate! No no no! He is already compromised! Others believe that Rivers Elders and past Governors could influence the lock jam! Impossible, they are divided along Party lines with total allegiance to their principals!
THE SOLUTION IS NOT ROCKET SCIENCE!
Nigeria and its SOVEREIGN CITIZENS are bigger and more precious than Tinubu and those very ungrateful Rivers opportunists who have nothing to lose!

OUR VERDICT!

Whether Tinubu would re-shuffle a non-performing cabinet or not, WIKE should be kicked out of office and probed immediately while his godson, Fubara should be impeached and probed without delay! Mr. Chief Justice should immediately set up an inquiry through the Nigeria Judicial Council (NJC), of which he is Chairman, to ascertain, detect and punish erring judges who precipitated the OCTOBER 7 2024 MAYHEM IN RIVERS STATE in order to ascertain her probity in a Judiciary that has been smeared with voluminous accusations of CORRUPTION!
"One rotten apple spoils the whole bunch!"

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsWhy Are Nigerian Presidents So Obsessed With Transient Power? by z07ion(op): 11:03pm On Oct 12, 2024
WHY ARE NIGERIAN PRESIDENTS SO OBSESSED WITH TRANSIENT POWER?

In his eight-year tenure as civilian president of Nigeria retired general, OLUSEGUN AREMU OBASANJO kept the office of the Presidency to his chest without relinquishing it for one second to his Vice, Atiku Abubakar even when he had to travel abroad on several occasions!
And in spite of the fact that he had ruled as military head of state following the assassination of General Murtala Mohammed on 13th February 1976, for THREE YEARS, he still desired a Third Term in office after 2007 in other to accumulate more wealth!
Late UMARU 'YAR ARDUA - who succeeded Obasanjo, 2007 in spite of his very weak health condition held tightly to the office without ever handing over to his Vice, Goodluck Jonathan until he suddenly passed in a foreign country, in 2010!
And having completed the joint ticket from 2010-2011, Jonathan refused to step down but stubbornly contested that year's election, won and ruled until 2015, without handing over to his Vice, Namadi Sambo during all overseas journeys! In that same year, Jonathan believed he was still entitled to "a second term" and therefore slugged it out with retired General Muhammadu Buhari who overthrew him to rule for eight years!

Mr Buhari was forced to hand over to his Vice Professor 'Yemi Osinbajo only once when his health condition was very critical but REVERSED almost all executive decisions taken by Osinbajo during his inevitable absence!
PRESIDENT BOLA TINUBU HAS FOLLOWED SUIT BY FORGETTING THAT NIGERIA'S PRESIDENCY IS NOT FAMILY INHERITANCE!!!
President Tinubu travelled out of Nigeria to oversea countries in not less than 21 times since assumption office on 29th May 2023, but did not hand over to his Vice Kashim Shettima for once!
Following his abysmal 64th Independence broadcast which was massively criticized for not addressing salient burning issues of unabated insecurity, abject poverty and hunger in Nigeria sequel to his inauguration blabbing of removal of fuel subsidy, merging of the forex regime and floating of the official currency (Naira);
AND IN SPITE OF FALUIRE TO ACT ON ALL CITIZENS DEMANDS - in respect of #END BAD GOVERNANCE PROTESTS (AUGUST 1-10, 2024), & FEARLESS IN OCTOBER (OCTOBER 1, 2024)........Tinubu flew out of Nigeria on Wednesday 2nd October 2024, on a two-week annual holiday and DAMNED ANY CONSEQUENCES FROM THE CITIZENS AND LABOR UNIONS THAT ARE GEARING UP FOR A NATION-WIDE PROTEST!

This is the same Tinubu whose election into office was very questionable with his mere 37 percent margin! The man whose fore/local educational certification was marred by alleged forgeries contrary to Sections 137.
(1) A person shall not be qualified for election to the office of President if - AND;
(j) he has presented a forged certificate to the Independent National Electoral Commission; of the 1999 Military Constitution of the Federal Republic of Nigeria!
DECLARATION OF ASSETS LIABILITIES, OATH OF ALLEGIANCE/OFFICE SHROUDED IN ABSOLUTE SECRECY CONTRARY TO Section 140. (1) A person elected to the office of President shall not begin to perform the functions of that office until he has declared his assets and liabilities as prescribed in this Constitution and he has taken and subscribed the Oath of Allegiance and the oath of office prescribed in the Seventh Schedule to this Constitution.
(2) The oaths aforesaid shall be administered by the Chief Justice of Nigeria or the person for the time being appointed to exercise the functions of that office.


IRREVERSIBLE UNCERTAINTIES OF LIFE!!

There are two irreversible certainties that confront humanity - first, certainty of DEATH and second, the inability to transport earthly WEALTH to Heaven!
The Biblical Truth states that we brought nothing to the world and surely will take nothing out! The race for both legitimate and dubious acquisition of wealth is most rampant amongst Nigerian political leaders. Why would Constitutional Provisions be deliberately and brazenly impinged in the process of relinquishing political position either temporarily or permanently by Nigerian President.
Tinubu hardly read his Independence speech before that he boarded the "new” N160 billion naira presidential jet & headed for UK for a 2-week " holiday (or medical treatment?), according to official sources!
The other time when he was away for 18 days in September from China to UAE and secretly to a London Hospital... but was caught on camera...... And now he is back to complete what he started!

NO NIGERIAN PRESIDENT - PAST OR PRESENT - EVER PREPARED TO SERVE THE PEOPLE FAITHFULLY!

We make bold to say that there are no poor presidents or politicians in Nigeria! All of them are multi-billionaires because they are operating a capitalist system of government in a developing nation saddled with so much underdevelopment due to the reckless lifestyles of those in power - who failed to provide any form of dividends!
Was it not time for them to borrow a leaf from a URUGUAY'S President described as the POOREST IN THE WORLD because of true love and commitment to the plight of his Citizens! Below are few excerpts from his biography according to Wikipedia:
José Alberto "Pepe" Mujica Cordano (Spanish: [xoˈse muˈxika]; born 20 May 1935) is a Uruguayan politician, former revolutionary and farmer who served as the 40th president of Uruguay from 2010 to 2015. A former guerrilla with the Tupamaros, he was tortured and imprisoned for 14 years during the military dictatorship in the 1970s and 1980s.
A member of the Broad Front coalition of left-wing parties, Mujica was Minister of Livestock, Agriculture, and Fisheries from 2005 to 2008 and a Senator afterwards. As the candidate of the Broad Front, he won the 2009 presidential election and took office as president on 1 March 2010. He was the Second Gentleman of Uruguay from 13 September 2017 to 1 March 2020, when his wife Lucia Topolansky was vice president under his immediate predecessor and successor, Tabaré Vázquez.

NIGERIA CAN PRODUCE GOOD GOVERNANCE THROUGH A UNICAMERAL (ONE HOUSE), PARLIAMENTARY SYSTEM THAT WOULD JETTISON THESE ROBBERS IN GOVERNMENT!

There can be no better time than NOW for Nigerians (especially the YOUTHS) to rally round the PATRIOTS headed by Eminent International Statesman/Administrator who have demanded FACE-TO-FACE from President Tinubu - A NEW PARLIAMENTARY CONSTITUTION TO BE EMPOWERED WITH A REFERENDUM WITHIN SIX TO NINE MONTHS - DEADLINE 12TH AUGUST 2024-12TH MAY 2025!
The shackles of bad governance and impunity must end now to exit corrupt politicians once and for all!
A Stitch in Time saves Nine!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
Foreign AffairsHas The World United Since WW II ? by z07ion(op): 10:28pm On Oct 05, 2024
HAS THE WORLD UNITED SINCE WW II?

[SPECIAL EDITION ON UNITED NATIONS GENERAL ASSEMBLY (UNGA) 79 - 10TH - 30TH SEPTEMBER, 2024.]

None of the world leaders past and present could claim credit to any inventions in science and technology but all share a common urge to destroy and destabilize the MYSTERIOUS ORDER OF CREATION AND NATURE THROUGH WARS and various forms of atmospheric pollution from gas flaring to fossil fuel/green house emissions!
The United States ordered the dropping of Hydrogen Bombs twice on the Japan's cities of Hiroshima and Nagasaki to punish that country for stubbornly refusing to surrender to the Allied Forces during the Second World War! America claims to be world's most powerful nation and universal POLICEMAN but always rivaled by Russia militarily and China economically! Following closely behind them are the United Kingdom and France, all of them who now have permanent seats with VETO POWERS as the inner caucus of the United Nations Security Council!

THERE WAS A WORLD WAR ONE!
War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a global conflict between two coalitions: the Allies (or Entente) and the Central Powers. World War I began after the assassination of Austrian archduke Franz Ferdinand by South Slav nationalist Gavrilo Princip on June 28, 1914.

AND THERE WAS A SECOND WORLD WAR!
World War II or the Second World War (1st September 1939 – 2nd September 1945) was a global conflict between two coalitions: the Allies and the Axis powers. Nearly all the world's countries—including all the great powers—participated, with many investing all available economic, industrial, and scientific capabilities in pursuit of total war, blurring the distinction between military and civilian resources. Tanks and aircraft played major roles, with the latter enabling the strategic bombing of population centres and delivery of the only two nuclear weapons ever used in war. World War II was the deadliest conflict in history, resulting in 70 to 85 million fatalities, more than half of which were civilians. Millions died in genocides, including the Holocaust of European Jews, and by massacres, starvation, and disease. Following the Allied powers' victory, Germany, Austria, Japan, and Korea were occupied, and war crimes tribunals were conducted against German and Japanese leaders.

WHAT TRIGGERED WORLD WAR TWO?

The causes of World War II included unresolved tensions in the aftermath of World War I and the rises of fascism in Europe and militarism in Japan, and it was preceded by events including the Japanese invasion of Manchuria, Spanish Civil War, outbreak of the Second Sino-Japanese War, and German annexations of Austria and the Sudetenland. World War II is generally considered to have begun on 1st September 1939, when Nazi Germany, under Adolf Hitler, invaded Poland. The United Kingdom and France declared war on Germany on 3rd September.
How Did World War I and World War II Vary In Terms of the Number of Casualties? WWII was more deadly and widespread than WWI, which had around 8.5 million military fatalities, with over 16 million military fatalities and an estimated 70-85 million overall casualties, including civilians.

THE WORLD IS SUPPOSED TO BE AT PEACE BUT......?

1. A UKRAINE AND RUSSIA WAR IS ONGOING!
Presently, the Ukraine - Russia War is over two years - 24th February 2022 - TO DATE, with a continuous record of daily fatalities/calamities /casualties on both sides!
This is a war of illegal occupation of a sovereign state by a World Power that should normally protect it! Russia has laughed off Ukrainian claims that the brutal war between the two countries is near an end. Earlier this week (22nd September 2024), at UNGA 79, Ukrainian President Volodymyr Zelensky said the war with Russia could end sooner than some people think. BUT Russian foreign ministry Sergey Lavrov said Moscow’s response to Kyiv was simply to keep winning the war, which he said was “unleashed by Western countries at the hands of Ukrainians”. He said: “The victory is needed. They [the West] do not understand any other language. This victory will be ours, we have no doubt.” Mr Lavrov added that Russians had become “truly united in the face of war”.
2. AND AN ISRAEL - HAMAS/HEZBOLLAH - CONFLICT IS RAGING : OCTOBER 7, 2023- TO DATE!!
A day after Hamas launched its 7th October 2023 attacks on Israel, IRAN-backed Hezbollah joined the conflict, citing support for the Palestinians, by firing on Shebaa Farms, Safed, Nahariya, and other Israeli military positions. Since then, Hezbollah and Israel have been involved in cross-border military exchanges that have displaced entire communities in Israel and Lebanon, with significant damage to buildings and land along the border. From 7th October 2023 to 20th September 2024, there were 10,200 cross border attacks, of which Israel launched 8,300. Over 96,000 people in Israel and over 111,000 in Lebanon have been displaced. As of 24th August 2024, there were 564 confirmed deaths in Lebanon, including 133 civilians. Israel and Hezbollah have maintained their attacks at a level that causes harm without escalating into a full-scale war.
Hezbollah has stated it will continue attacking Israel until Israel halts its operations in Gaza, where over 40,000 Palestinians have been killed!!!!
PRECEDING NARRATIVES ARE WORLD POWERS STRATEGY OF DIVIDE & RULE!
The World Powers were the COLONIALISTS, the WAR MONGERS, the NEO-COLONIALISTS and now pretending to be TRUCE BROKERS!

Conflicts are ongoing in about 40 Countries including South Sudan Afghanistan, Iran, DR Congo, India etc! Hypocrisy is their PAST TIME because it is an open secret that they cannot survive without developing nations (especially Africa & some Far East Countries), from where major natural resources for industry and production are regularly sourced!
ECONOMIC SANCTIONS were slammed on non-cooperative nations and highly-indebted States were cowed into complying with World Bank & International Monetary Fund (IMF) very stringent financial regulations that would keep them SUB-SERVIENT LIKE NIGERIA FOREVER!
NOT THROUGH PRODIGAL/EXTRAVAGANT EXPENDITURES!

For example, President Bola Tinubu spent N9.2billion To Purchase 'State House Vehicles' In Three Months Amid Hardships - March - May 2024 - apart from NGN160 billion expended in 2023 for the purchase of Foreign Vehicles for the Executive and National Assembly (NASS), and the new PRESIDENTIAL AIRCRAFT at N150 billion naira plus N5 billion naira for a luxurious YATCH with borrowed. monies - AND HAD THE EFFRONTERY TO SHAMELESSLY BEG FOR DEBT FORGIVENESS AT UNGA 79!!!!¡
THE PANACEA TO WORLD PEACE IS FOR MEN TO DWELL IN THE WORD OF GOD AND NOT IN THE EPHEMERAL THINGS OF THE WORLD THAT WOULD PERISH!
Psalms 133:1-3. " Behold, how good and how pleasant it is for brethren to dwell together in unity!
[2]It is like the precious ointment upon the head, that ran down upon the beard, even Aaron's beard: that went down to the skirts of his garments;
[3]As the dew of Hermon, and as the dew that descended upon the mountains of Zion: for there the LORD commanded the blessing, even life for evermore.
Psalms 133:1-3. EXPOSITION:
We cannot say too much, it were well if enough could be said, to persuade people to live together in peace. It is good for us, for our honour and comfort; and brings constant delight to those who live in unity.
The pleasantness of this is likened to the holy anointing oil. This is the fruit of the Spirit, the proof of our union with Christ, and adorns his gospel.
It is profitable as well as pleasing; it brings blessings numerous as the drops of dew. It cools the scorching heat of men's passions, as the dews cool the air and refresh the earth.
It moistens the heart, and makes it fit to receive the good seed of the word, and to make it fruitful.
See the proof of the excellency of brotherly love: where brethren dwell together in unity, the Lord commands the blessing.
God commands the blessing; man can but beg a blessing. Believers that live in love and peace, shall have the God of love and peace with them now, and they shall shortly be with him for ever, in the world of endless love and peace. May all who love the Lord forbear and forgive one another, as God, for Christ's sake, hath forgiven them.

WORLD NATIONS MUST UNITE & BE AT PEACE TO AVOID WORLD WAR THREE WHICH SEEMS IMMINENT !!!!!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsEnough Of Military Meddlesome Interlopers! by z07ion(op): 9:20pm On Sep 28, 2024
Just like the THREE MUSKETEERS, Generals, Obasanjo, Babangida and Abdusalam converged at the Hill Top residence of IBB on 15th September 2024, for a crucial meeting believed to be informed by the precarious state of the Nigerian Nation currently dangling on the precipice under the watch of President Bola Ahmed Tinubu!

QUESTIONS.
* Have they totally forgotten they contributed to the current imbroglio of large-scale institutional corruption through non-accountability of CRUDE OIL SALES/WINDFALL from the '70s and especially in the year 2,000, during IBB'S JUNTA?
* What about extra-judicial killings/assassinations of supposed opposition/enemies?
* Distribution of the National Asset of OIL BLOCKS to friends and cronies to enrich them at the expense of the poor masses?
* Are they not all stinkingly-rich and very wealthy Billionaires?
* On whose behalf or with whose backing are they still behaving as if they were currently in the seat of power?
* Do they still enjoy influence and loyalty in the Nigerian Army?
* Can they still influence a MILITARY COUP?
* Are they still a force to be reckoned with in view of the agitation by the PEOPLE for a Parliamentary System of Government through Executive Bill for a brand New Constitution & Referendum to lawfully ratify and give teeth to its immediate implementation?
* Was it not time for them to back off from the political glare & disappear fully to retirement life or would prefer to WAKE UP RAWLINGS FROM THE GRAVE?
Below are MORE ATROCITIES perpetrated by the pretentious Generals!
* 1983, (ousted democratically- elected President Shehu Shagari through General Muhammadu Buhari);
* 1993, (Babangida annulled the credible election won by business mogul Moshood Abiola);
*1999, (Abdusalam foisted a concocted military constitution on Nigerians);
* 2010 (they could not circumvent the Doctrine of Necessity initiated by National Assembly following the sudden demise of President Umaru Yar'Ardua of blessed memory for his Vice, Ebele Jonathan to step in and complete the 4-year term;
* 2015 (suffocated Jonathan out of office for Buhari's inordinate ambition for democratic presidency;
* 2017 (initiated possible successor to ailing Buhari in the case that he died in office);
* 2024 (initiating suitable replacement for Bola Tinubu who has become a "pain in their neck" because he stubbornly refused to listen to anyone)!!!!
* They believe or claim to own Nigeria!
CAN THE SOLDIERS FIX A COUNTRY THEY BASTARDIZED IN THREE DECADES?
Below are excerpts of our past publications - Editions 508 & 518 of 7th April & 16th July 2023 respectively:
MILITARY MANIPULATION MUST END ON MONDAY 29TH MAY 2023!
1) Downtrodden Nigerians can hardly wait for Monday 29th May 2023 to bid good riddance to the last of all the military merchants who have overstayed their welcome! For 57 years (1966 to 2023), they practically turned the country into a beggar nation through mismanagement of all natural endowments and deliberate failure develop Human Capital into full potential! According to the United Nations Educational Scientific and Cultural Organization (UNESCO) statistics, OUT OF SCHOOL CHILDREN IN NIGERIA has hit the 20 million Mark in the first quarter: January to March! Literacy figure in Nigeria according to the Nigeria Bureau of Statistics is 77.62% of the population has at 202. The figure grew by 13.9% between 2010 to 2021 are the rate of 0.13% year on year since then. With the advantage and benefit of hind sight it could be articulately posited that the majority of NIGERIAN ELECTORATE are illiterate because in 63 years of independence budgetary allocation for education was fixed at only 6% in spite of UNESCO recommendation of 15 to 20% of annual budgetary allocation for developing countries.
2) DIARCHY WILL NO LONGER WORK IN NIGERIA - TINUBU MUST NOT IDOLIZE SOLDIERS! Diarchy is a government administered by military and civilian components. The first and second coups January/July 1966 and up to the end of the BIAFRA WAR in January 1970 Nigerian soldiers dominated the entire landscape of the country by totally usurping all functions of democratic values and governance!

Abdusalam who took over following the demise of General Sani Abacha, handed over retired old General Olusegun Obasanjo who tried to perpetrate himself for a third term of 4 years (2007-2011), but was resisted by the Citizens!
And another military General during his 8- year tenure decided to perpetuate his chief security officers in office contrary to the Constitution and now that he has successfully installed as civilian president. It has manifested that his clandestine plan is still in place!
Buhari kept all Service Chiefs whom he appointed from 2015 - 2021 in spite of public outcry while citizens suffered degradation and insecurity through atrocities by Boko Haram terrorists!
President Bola Tinubu should rather listen to THE PATRIOTS led by Chief Emeka Anyaoku and the Citizens to whom SOVEREIGNTY belongs before it is too late because the ECONOMY IS GETTING WORSE BY THE DAY!
A Word is enough for the Wise! WE want to believe that Tinubu is wise!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigeria Is A Basket Full Of Water Not Victuals! by z07ion(op): 2:58pm On Sep 17, 2024
All debates, dialogues, conversations, village square meetings even mass protests in respect of the state of the Nigerian Nation always point in one direction – THE DEARTH OF GOOD LEADERSHIP!

BUT die-hard apologists of the notorious Nigerian Politicians would always argue that the FOLLOWERSHIP should also share in various discrepancies of consecutive governments from the inception of independence from the colonial masters since 1960!
They claimed that the politicians were always under all manner of financial pressures in their various constituencies and had no option than to cut corners to meet such demands to remain relevant! And whereas, while they lavishly flaunted illicitly acquired wealth through loopholes of a faulty military constitution, only crumbs trickled down to the masses who supposedly voted them into political offices!
Of all World Citizens, Nigerians are the most RESILIENT BUT NEITHER STUPID NOR IMBECILES as the present Administration of President Bola Tinubu and his Cabal might want to assume!

THE GROUSE OF NIGERIAN CITIZENS AGAINST AN UNPREPARED & CLUELESS PRESIDENT!

* Tinubu had no right to unilaterally abrogate Petrol Subsidy on his inauguration day (29th May 2029), when he was yet to assume office or form a Cabinet!
*His declaration of Foreign Exchange merger and Naira Floating was disastrous and unethical to commerce, industry and economics in an unproductive nation dependent on TOTAL IMPORTATION OF FINISHED PRODUCTS AND SERVICES!
*That inspite of the catastrophic ripple effects of his very unthoughtful and unprofessional action on the people through unrestricted inflation on Farm Produce, colossal fall and depreciation of NAIRA and an exchange rate from N450 to an all-time N1,650 to $1USA Dollar, Mr. Tinubu failed to REVERSE the unfortunate actions!
*He failed to verbally address agitated #EndBadGovernance Protesters inspite of over a 3-week notice until about 21 innocent lives were lost across the country on the first day 1st August 2024!
*He could not admit that his inordinate ambition beclouded his composure but kept repeating that he was a REFORMER just as his predecessor claimed to be a DEMOCRAT!
*He described the vexatious sufferings as the pangs of CHILD BIRTH which would FIZZLE OUT SOON! IN 14 MONTHS HE WAS UNABLE TO ESTABLISH A CORRUPTION-FREE GOVERNMENT BECAUSE HE LACKED PEDIGREE!

The following Catastrophes still bedevil the country without solutions in sight!
1) Roundabout Porous Borders – free-for-all avenues for smuggling of all commodities – foods, vehicles, petroleum products etc, from Nigeria to ECOWAS, easy entry and exit for hardened criminals, bandits, terrorists etc;
2) Large scale OIL THEFT/BUNKERING & MINERAL RESOURCES PRODUCTS to oversea countries through ships/helicopters with succinct internal connivance of greedy and unpatriotic security personnel!
3) Election riggings – which are eventually settled at the courts and NOT through BALLOT BOXES!
4) Impunity by government institutions at the Federal and Sub-national levels.
5) Disobedience to “lawful” Court Orders!
6) The 15-year- long Boko Haram insurgency which began August 2009!
7) Renewed attacks and killings of SECURITY PERSONNEL – especially the Police and Army by daring non-state actors!
cool Ungoverned territories and spaces, where bandits reign supreme over unfortunate indigenes whose fundamental rights have been trampled upon in the North East/North West regions of the country!
9) Comatose Manufacturing Sector of the Economy.
10) Electricity is a luxury especially among the downtrodden masses BUT tariff for regular monthly darkness has skyrocketed to over 300 per cent!
11) Lack of renewable energy to mitigate environmental pollution – electric, compressed natural gas (CNG), etc, outside of fossil consumption – especially now that DANGOTE REFINERIES debuted fully on stream with the production and sale of PETROL (PMS) from Sunday 15th September 2024.
12) Multiple Taxation of the low-income earners due to lack of competent digital financial experts who were deliberately sidelined to ensure that the Rich could always circumvent payment of taxes!
13) Massive unemployment of able-bodied youths numbering about 33 million who now constitute IDLE HANDS available for crimes/criminalities and greedy politicians at ELECTIONS!
14) Over 13 million out – of -school children are still roaming the streets of Nigeria according to UNESCO due to persistent maladministration!
15) Bola Tinubu’s Capitalist Government prefers to BORROW MONEY to pay salaries and allowances to politicians, purchase N160 billion naira Presidential Jet and brand new foreign Special Utility Vehicles at N170 million naira each for all 469 Legislators of the National Assembly and for officials/political appointees of the Executive and Head of the various Parastatals!
Generation of phantom figures to falsify cost of goods and services for illicit gains in respect of virtually all transactions – especially in respect of Capital Expenditures!
16) Annual padding of Federal Government BUDGET APPROPRIATION FIGURES after official presentation by National Assembly (NASS) Legislators!
17) Appropriation of a whooping sum of N90 billion naira as SUBSIDY for 2024 Hajj Pilgrimage!
18) Completion of the Vice President’s Lodge at a cost of N 22billion naira!
NNPCL ROLE AS SOLE DISTRIBUTOR OF DANGOTE REFINERIES PMS IS SHROUDED IN SECRECY!
Dangote refinery to sell petrol to only NNPCL – FG

EXCERPTS FROM THE PUNCH REPORT – SATURDAY 14th September 2024.
*Federal Government has announced that the Nigerian National Petroleum Company Limited will be the sole buyer of Premium Motors Spirit from Dangote Refinery.
*Interested marketers would have to buy the product from the national oil firm through its trading company.
*This was part of the agreement reached with the management of Dangote Refinery on the commercial terms for the supply of crude oil to the refinery and the off-taking and distribution of petrol and diesel from the facility.
*The latest development, however, contradicts NNPC’s claim in a statement early this month that it does not intend to be the sole distributor of petrol produced by the Dangote refinery.
*The directive also implies that the government can still control the pricing of the product as it would be based on the agreement between the government and the refinery.
Dangote refinery will commence the distribution of petrol to marketers on Sunday with an initial 25 million litres per day.
*All agreements have been put in place, and the loading of the first batch of PMS, as already announced by NNPC, will commence on Sunday, September 15, 2024. And from October 1, NNPC will commence the supply of crude oil to Dangote Refinery to be paid for in naira. In return, Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in naira.
*But for now, PMS will only be sold to NNPC. NNPC will then sell to various marketers.
*Diesel will be sold in naira by Dangote Refinery to any interested off-taker. All associated regulatory costs -NPA, NIMASA, Federal Inland Revenue and all other Regulatory fees that are associated with this transaction will be paid in naira.
*On July 29, the federal executive council approved a proposal by President Bola Tinubu directing the NNPC to sell crude oil to the Dangote refinery and other refineries in naira.
*The minister said the move would also eliminate unnecessary transaction costs, and improve the availability of petroleum products in the country.
And whereas Dangote operates in A FREE ZONE AREA THAT SHOULD BE FREE FROM GOVERNMENT INTERFERENCE!
THE TRUTH ABOUT SOLE DISTRIBUTORSHIP!
Just like the Sole Importation debacle, NNPCL will be the sole Custodian of ALL INFORMATION in respect of all transactions that would be difficult to FACT CHECK!
(a) During Importation “landing cost was N1, 200 naira… so pump price must increase!”
(b) Now in the era of Local Purchase, NNPCL could buy at N450 naira, declare cost as N800 naira, sell still at N950 naira …… and pocket all gains!
NNPCL has always been the most-corrupt Government institution – but the perpetrators should not forget that “EVERY LIE HAS A TERMINAL DATE”!

THIS FALSE MOVE WILL BE RESISTED! GOOD LEADERS WILL EMERGE AND NIGERIANS WILL NEVER BE SLAVES IN THEIR OWN COUNTRY!
[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsTinubu Must Deliver New Constitution Through Referendum Within Six To Nine Month by z07ion(op): 11:01pm On Sep 07, 2024
TINUBU MUST DELIVER NEW CONSTITUTION THROUGH REFERENDUM WITHIN SIX TO NINE MONTHS!

[APPEAL TO FELLOW NIGERIANS: PLEASE SUPPORT THE PATRIOTS ABLY LED BY EMINENT ELDER STATESMAN CHIEF EMEKA ANYAOKU!]

Globe-trotting to overseas countries by President Bola Tinubu has not brought economic dividends to Nigeria in FOURTEEN MONTHS - MAY 2033-AUGUST 2024!
Instead, major foreign investors have closed shop and moved out of Nigeria in frustration! Prominent among them in ONE YEAR of Tinubu's Administration were Diageo, PZ Cussions, Microsoft. Equinor, Binance, Kimberly-Clark, manufacturers of Huggies and Kotex brands of diapers; US-based Procter and Gamble (P&G); GlaxoSmithKline (GSK); Unilever, Bolt and Sanofi-Aventi Nigeria, who are either exiting completely or reducing their exposure in a country facing its worst cost-of-living crisis in decades.
President Tinubu since his investiture, traveled out of Nigeria, TWENTY TIMES, VISITED FOURTEEN COUNTRIES AND SPENT 71 DAYS OUTSIDE OF NIGERIA WITHIN NINE MONTHS!
Combined with his Vice, Kashim Shettima, the Presidency through the State House had spent at least NGN16.06 billion naira to purchase foreign currencies as at July 2024 on foreign trips!
AGAIN on Thursday 29th August 2024, he departed Nigeria for Beijing, China "on an official visit" as usual with a large entourage!
A statement from his spokesman Ajuri Ngalale added that "President Tinubu will have a brief layover in the United Arab Emirates.
“In China, the President will meet with President Xi Jinping and hold meetings with Chinese business leaders on the sidelines of the Forum on China-Africa Cooperation".
Expert says Tinubu’s Beijing visit to strengthen Nigeria-China bilateral ties
NEWS AGENCY OF NIGERIA. August 30, 2024
Otubanjo, a Research Professor at the Nigerian Institute of International Affairs (NIIA), said this in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos. He said that China was critical in terms of its participation in Nigeria’s economy.
The News Agency of Nigeria (NAN) reports that President Bola Tinubu, on Thursday departed for Beijing, China on his first official visit since he was inaugurated in 2023.
During this trip, the President will visit two major Chinese corporations, Huawei Technologies, and the China Railway and Construction Corporation (CRCC). He will also join the Forum on China–Africa Cooperation (FOCAC) held in Beijing from September 4 to September 6.
This latest foreign journey would keep him away from Nigeria for not less than TEN DAYS!

TINUBU HAS NO POSITIVE AGENDA FOR NIGERIA!

From the onset, Mr. Tinubu declared that he would follow in the footsteps of his predecessor Muhammadu Buhari, who traveled the world, borrowed money from virtually every country, printed more at home and saddled Nigeria with not less than NGN38 TRILLION NAIRA AT DEPARTURE!
Tinubu' s blind followership led to the CITIZENS ' REVOLT AGAINST BAD GOVERNANCE [1ST-10TH AUGUST 2024],
due to flawed policies which portrayed him as lacking in modern technology to first tackle insecurity in order to achieve economic success!


THE FOLLOWING ARE EXTRACTS OF TINUBU'S SCORECARD BY SOME ANALYSTS!

1) Tinubu’s first-year performance rating: Score: 37%; grade: fail!
Olu Fasan June 3, 2023: Tutor at the London School of Economics (LSE) says: "Well, first, Tinubu’s government lacks an organising principle and a coherent vision; everything is based on a scattergun approach. The first evidence of the absence of vision is the formation of his cabinet. No president who wants to succeed, knowing the challenges that Nigeria faces, would form the kind of cabinet Tinubu formed. It was a cabinet designed to reward cronies, return political favours, and shore up support for his re-election bid in 2027. Why, for instance, did Tinubu put virtually all the economic ministries under his Lagos “boys” and other cronies from the south-west, his geopolitical zone? Why are there so many deadwood ministers whose only qualifications were that, as governors, they helped Tinubu “win” their states? Why did he choose to form a government of cronies, sycophants, and political jobbers? Truth be told, Tinubu’s current cabinet is too weak and ineffectual to tackle Nigeria’s acute challenges; the time calls for a government of all talents."
2) President Tinubu’s Scorecard .-Tunde Chris Odediran." Subsidy removal led to immediate inflationary pressures, affecting the cost of living and leading to pockets of protests and demands for wage increases by workers." It is incontrovertible to assert that the economic landscape remains challenging. Inflation rates have continued to soar, affecting cost of living for most Nigerians. "The naira’s depreciation against major currencies, the worst ever seen, has further strained household and businesses incomes.” Despite efforts to stabilize the currency through various monetary instruments, the desired impact is a dream.
3) One Year of Tinubu By Azu Ishiekwene May 23, 2024. "Perhaps the most consequential was his announcement, adlib, that “fuel subsidy is gone.” The removal was overdue. A good number of people agreed, even though some opposed the precipitous announcement and the subsequent merger of the exchange rate as evidence of Tinubu’s overzealous attempt to please the IMF and World Bank. It might also have been an honest attempt by him to preempt being taken hostage by the bureaucracy. "Whatever the motivation was, it backfired; not because of the announcement, but because the government seemed totally unprepared to manage the fallout. There was, strictly speaking, no government to speak of at the time. The chaos that followed the announcement piled on the chaos that Tinubu met in office."

THE ONLY WAY OPEN TO TINUBU IS TO BOW TO THE SUPERIOR DEMAND OF THE PATRIOTS' AND THE CITIZENS!
Presidential system of government for a developing African Country as Nigeria is TOO EXPENSIVE, IT IS ABOMINATION -ANATHEMA!

In 24 years - the obnoxious system, run by greedy and very corrupt politicians has turned Nigerians into mere SLAVES in their own country because of the outlandish lifestyles of heartless and brutish leaders who have cornered all economic benefits in all sectors to themselves through the extant laws of A DEFORMED MILITARY CONSTITUTION!

Tinubu's response to the Patriots was NEGATIVE but he has no choice than to BOW TO THE WISH OF THE CITIZENS WHO VOTED HIM AS PRESIDENT IN A DISPUTED VICTORY OF A MARGINAL 37% OF THE TOTAL VOTES CAST!
"Obedience is better than FAT OF RAMS!"



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNo Place To Hide - Tinubu Must Face The Music! by z07ion(op): 9:59pm On Aug 17, 2024
TINUBU IS PLAYING THE FIDDLE WHILE NIGERIA IS IN FLAMES!

The trending issue on the political scene Nigeria now is the occupation of the Nation by #End Bad Governance Protesters by the masses of hungry/angry youths, and the unemployed who trooped out from 1st August and have vowed to remain on the streets of Nigeria’s federal Capital Territory and all State Capitals in spite of Police/Army intimidations for 10 consecutive days! They gave not less than three of weeks notice to the Federal government and the entire nation BUT Mr.President did not address the agitators! They are also demanding from the Federal Government several restitutions to resolve bad governnace.

They are majorly hammering for the reversal of petroleum PUMP PRICE TO STATUS QUO AS AT 29th May 2023, when President Tinubu during his investiture verbally and unilaterally removed the controversial SUBSIDY!

Media reports claimed that between 17 to 40 people were killed with live bullets across Nigeria especially in the North where protest was hijacked by sponsored hoodlums who carried Russian Flags and demanded that the Army should take over Those deaths would have been avoided if Mr. Tinubu addressed the aggrieved people before August 1st 2024!

The Take It Back Movement, a major organizer of the #EndBadGovernance Protests, announced a massive one-million-man demonstration scheduled for the last day Saturday 10th August,2024 across all 36 states of Nigeria and the Federal Capital Territory (FCT), Abuja. totaling 37 MILLION!

#EndBadGovernance protest may go beyond 10 days if demands aren’t addressed, say organizers. Damilola Adenola, director of mobilisation at ‘Take it Back Movement’, has confirmed that the nationwide protest against economic hardship may go beyond 10 days if demands are not met.

‘Take it Back Movement’ is one of the organisers of the protest.
1) The protesters are demanding for a cut in the size of government.
2) Return of petrol subsidy regime.
3) Food security.
4) Fiscal discipline and
5) Emergency against insecurity among others.

During an interview on Channels Television Adenola said: “The protest, like we said, was slated for 10 days but it may go beyond, depending on the response we get from the government. But it doesn’t seem like we are dealing with a responsible government,” he said.
“So, the government should expect it to go beyond 10 days if our demands are not addressed.”

BEFORE THE RECESS WE WARNED TINUBU IN ONE PAST EDITION TO BE VERY AFRAID OF THE PEOPLE TO WHOM SOVEREIGNTY BELONGS AND NOT THE KHAKI BOYS BUT HE TURNED THE DEAF EAR!

We are not surprised at the turn of events because whosoever could disobey the Lord God Almighty our CREATOR would have no regard for Humans! Tinubu had refused Divine Command to initiate the process for A UNICAMERAL (ONE HOUSE ), PARLIAMENTARY SYSTEM IN OFFICE THROUGH REFERENDUM WITHIN SIX MONTHS IN OFFICE but instead increased hardship on the masses through policy somersault on fuel subsidy removal!

Professor Wole Soyinka once described, Tinubu as "ALAGIDI" meaning a very stubborn and stiff-necked person!

Proverbs 29:1 [1] He, that being often reproved hardeneth his neck, shall suddenly be destroyed, and that without remedy.

Psalms 14:1 [1] The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.


TINUBU'S ABYSMAL FAILURE - IN FOURTEEN MONTHS

It has always been a habitual hat-trick for the Ostrich to hide its very long neck under a bushel in time of danger and feel secured and whereas its massive body was totally defenceless!
A vivid description of President Bola Tinubu’s woeful performance - 14 months in office as President of Nigeria! THERE IS NO WHERE TO HIDE ANYMORE BUT FOR HIM TO ACCEDE TO ALL DEMANDS OF THE PEOPLE TO WHOM POWER BELONGS!

President Bola Tinubu depended on surrogates for advice and they have failed him. This points to the fact which We have been emphasizing that he was not prepared for the enormous job BUT only wanted to add Presidency of Nigeria to the chain of his dubious achievements namely:

1) The controversial US Chicago College Certificate .
2) Denial of conviction for Drug Offences in the US.
3) Purchase of Delegates with US Dollars during APC Primaries for a Presidential Candidate.
4) THE BRAG that no CABAL could influence his decisions because he won the Presidential Elections with HIS PERSONAL MONEY without donations from any quarters!

DAY 10 OF THE PROTEST DID NOT ATTRACT 37 MILLION BUT THE FEW WHO MATCHED THE STREETS IN ABUJA AND OTHER STATE CAPITALS PROMISED TO BE BACK IN OCTOBER 2024!

THE LAST CARD!

President Tinubu has no choice than to do the WILL OF GOD by acceding to all DEMANDS OF THE PROTESTERS in order to avoid ANARCHY and a total SHUTDOWN OF GOVERNMENT BY MISCREANTS WHO HAVE BEEN SPONSORED TO PERPETRATE FORCEFUL AND VIOLENT CHANGE LIKE IN BANGLADESH!

WE PRAY THAT SUCH CALAMITY WOULD NOT BEFALL OUR BELOVED COUNTRY IN JESUS CHRIST MIGHTY NAME, AMEN!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsJustice & Mercy For Sanusi Lamido Sanusi Ii At Last! by z07ion(op): 4:48pm On Jun 01, 2024
The reinstalled Emir of Kano, Muhammadu Sanusi Lamido Sanusi II has travailed in spite of orchestrated political/traditional debacles of over four years!
Having confronted President Goodluck Jonathan as Central Bank Governor over
a missing tranche of USD$20 billions which could not be traced to the Apex institution he was sacked due to his outspoken criticism of the government's financial practices and his allegations of missing oil revenue amounting to billions of dollars. His removal was seen as a response to his whistleblowing activities and his clashes with the government.
However his popularity did not diminsh as the people chose him to take over the vacant stool of Emir until the State Governor deposed him and sent him packing in 2020!
After Four Years of exile God's Mercy & Justice prevailed when he triumphantly drove into Kano City triumphantly with pomp and pageantry to occupy his rightful place as the authentic Emir of the ancient City of Kano on 23 May 2024 accompanied by new Governor, his Deputy and Speaker of State House of Assembly!



HISTORICAL EXCERPTS FROM WIKIPEDIA :

Muhammadu Sanusi II, CON spent most of his reign advocating for cultural reform in Northern Nigeria. In 2020, he was dethroned by Governor Abdullahi Umar Ganduje and was succeeded by his cousin Aminu Ado Bayero. On 23 May 2024, Governor Abba Kabir Yusuf reinstated him to the throne making him the 16th Fulani emir of Kano.

Prior to his accession, Sanusi was an Islamic intellectual, academic, political economist and banker. He served as the Governor of the Central Bank of Nigeria from 2009 to 2014, ushering in banking reforms until his suspension after he brought to light the $20 billion oil scandal.

Family

Sanusi was born on 31 July 1961 in Kano to a ruling class Fulani family of the Sullubawa clan. He grew up in the palace of his great-uncle Ado Bayero, who reigned for over five decades. His father, Aminu Sanusi, was a prince and diplomat who served as the ambassador to Belgium, China and Canada, and later permanent secretary of the Ministry of Foreign Affairs. He was also the Chiroma of Kano and son of Muhammadu Sanusi I, who was the 11th Fulani Emir of Kano from 1953 to 1963, when he was deposed by his cousin Sir Ahmadu Bello.

Banking

In 1985, Sanusi began his banking career when he was hired by Icon Limited (a subsidiary of Barings Bank and Morgan Guaranty Trust) – as a merchant banker before later becoming head of financial services and manager of the office in Kano. He left the bank in 1991, when he travelled to Sudan, to pursue studies in Arabic and Islamic studies at the International University of Africa in Khartoum. In 1997, he returned to Nigeria and joined the United Bank for Africa working in the credit and risk management division – he rose through the ranks to the position of general manager. In 2005, Sanusi became a board member and executive director in charge of risk management at First Bank of Nigeria – Nigeria's oldest bank, and one of Africa's largest financial institutions. In January 2009, Sanusi became the chief executive officer, becoming the first northern Nigerian to head the bank.

On 1 June 2009, Sanusi was nominated as Governor of the Central Bank of Nigeria by President Umaru Musa Yar'Adua; his appointment was confirmed by the Nigerian Senate on 3 June 2009, during the global financial crisis. In Nigeria, the effect of the crisis took a hit at the economy and the banking system, with the stock market collapsing by nearly 70%. It was amidst this crisis that Sanusi led the central bank in rescuing top tier banks with over ₦600 billion of public money, dismissing and imprisoning chief executives who had mismanaged customer deposits – and strictly dealing with banks found responsible for financial crimes. Sanusi attributed the crash in the capital markets to "financial illiteracy" on the part of Nigerian investors. He also introduced a consolidation process which reduced the number of Nigerian banks through merger and acquisitions, in a bid to make them stronger and more accountable to depositors. He also led efforts in increasing the level of investment in infrastructure and support for small and medium enterprises.

Sanusi's tenure initiated several extensive banking reforms termed the "Sanusi Tsunami". The reforms were built around four pillars: enhancing the quality of banks, establishing financial stability, enabling healthy financial sector evolution and ensuring the financial sector contributes to the real economy. Sanusi developed the cashless policy – whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information (usually an electronic representation of money) between the transacting parties; he also introduced and supported the establishment of Islamic banking in Nigeria, a move which was criticized by the Christian Association of Nigeria. He also clashed with the National Assembly, over its budgetary spending of 25% of all government revenue; and rejected the International Monetary Fund insistence for currency devaluation. He also advised the government on the removal of the fuel subsidy, which he argued engendered a culture of high level corruption and economic inefficiency – the removal of the subsidy was unpopular and led to the Occupy Nigeria movement, which called for his resignation.

His reforms received both criticism and appraisal from the industry. The Banker magazine recognised him as the 2010 Central Bank Governor of the Year, for his reforms and leading a radical anti-corruption campaign in the sector – the first of its kind during the financial crisis. Sanusi is widely recognized for pacifying the overtly corrupt banking industry and his contribution to a risk management culture in Nigerian banking. Sanusi has spoken at a number of international events including the 2013 World Economic Forum. In December 2013, Sanusi in a leaked letter to President Goodluck Jonathan revealed that the Nigeria National Petroleum Corporation (NNPC) failed to remit US$48.9 billion of government oil revenue to the central bank – the NNPC has a history of financial irregularities and oversees the corrupt petroleum industry in Nigeria. In February 2014, after a series of public investigations and raising the alarm on the US$20 billion NNPC scandal, Sanusi was suspended as Governor of the Central Bank of Nigeria by President Goodluck Jonathan. In April 2014, he won a court case against the federal government, after he was detained and his international passport confiscated by the State Security Service.


NOW THAT THIS CHILD OF PROVIDENCE IS BACK ON THE THRONE OF HIS FOREFATHERS......

All Kano citizens/residents should support his fresh ideologies to make up for the masses of "Talkawas" and draw from the wealth of inspiration bequeathed by late Alhaji Aminu Kano for his legacies to thrive.

Congratulations to the new King....long live the King!


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
Politics"It Is Easier For A Camel To Pass Through The Needle 's Eye....." by z07ion(op): 4:26pm On May 25, 2024
It has always been the norm in Nigeria for the rich to get richer and the poor to get poorer whether in a military or civilian government! But the baffling aspect to the loop sidedness of that scenario is that those rich would never share the illicit acquisition with the drawers of water and hewers of wood of the society from which the magnanimous loot was acquired!

The following biblical innuendo should lend credence to the preceding narrative:

THE POOR MAN'S EWE LAMB FOR SUPPER!
2 Samuel 12:1-7
[1]And the LORD sent Nathan unto David. And he came unto him, and said unto him, There were two men in one city; the one rich, and the other poor.
[2]The rich man had exceeding many flocks and herds:
[3]But the poor man had nothing, save one little ewe lamb, which he had bought and nourished up: and it grew up together with him, and with his children; it did eat of his own meat, and drank of his own cup, and lay in his bosom, and was unto him as a daughter.
[4]And there came a traveler unto the rich man, and he spared to take of his own flock and of his own herd, to dress for the wayfaring man that was come unto him; but took the poor man's lamb, and dressed it for the man that was come to him.
[5]And David's anger was greatly kindled against the man; and he said to Nathan, As the LORD liveth, the man that hath done this thing shall surely die:
[6]And he shall restore the lamb fourfold, because he did this thing, and because he had no pity.
[7]And Nathan said to David, "Thou art the man"!

Plan to spend N20 Trillion Pension Fund of Hardworking Nigerians, Atiku tells Tinubu

QUESTION.
IS ATIKU - OWNER OF INTEL (A PRIVATE AGENCY WHICH COLLECTS PORTS DUTIES ON BEHALF OF FEDERAL GOVERNMENT) NOW A WHISTLE BLOWER)

May 15, 2024 . NEWS BY SAHARA REPORTERS.
According to Edun, the government is focused on tapping into domestic financial resources, particularly pension and life insurance funds, to leverage local funds for national growth. Former Vice President Atiku Abubakar has raised some concerns about President Bola Tinubu administration's plan to tamper with the N20 trillion pension funds to finance critical infrastructure projects across the country.

The Coordinating Minister for the Economy and Minister of Finance, Wale Edun, on Tuesday, after the Federal Executive Council (FEC), announced that the government had unveiled a strategic plan to harness the N20 trillion pension fund and other locally available resources for infrastructure development in Nigeria.
According to Edun, the government is focused on tapping into domestic financial resources, particularly pension and life insurance funds, to leverage local funds for national growth. He added that it was a significant step towards driving economic progress and addressing critical infrastructure needs.

Reacting to the statement, Atiku, a former presidential candidate of the Peoples Democratic Party (PDP), described the news as disturbing. He said the move must be halted immediately. He insisted that it was a misguided initiative that could lead to disastrous consequences on the lives of Nigeria’s hard-working men and women who toiled and saved and now survive on their pensions after their retirement from service.
Atiku who took to his X (formerly Twitter) account to voice his concerns, wrote: "My attention is drawn to a disturbing disclosure by the Finance Minister and Coordinating Minister of the Economy, Wale Edun, as he addressed State House correspondents after the Federal Executive Council (FEC) meeting at the Presidential Villa on Tuesday, 14 May.
"There is, according to the Minister, a move by the Federal Government to rev up economic growth by unlocking N20 trillion from the nation’s pension funds and other funds to finance critical infrastructure projects across the country. The Minister has indicated that although "the initiative is expected to attract foreign investment interest over time", domestic savings are his ‘immediate focus’ for now.
"He provided no useful details, such as the percentage of the funds to be mopped up from the Pension Funds, for example. Even at that, this move must be halted immediately! It is a misguided initiative that could lead to disastrous consequences on the lives of Nigeria’s hardworking men and women who toiled and saved and who now survive on their pensions having retired from service.
"It is another attempt to perpetrate illegality by the Federal Government. The government must be cautioned to act strictly within the provisions of the Pension Reform Act of 2014 (PRA 2014), along with the revised Regulation on Investment of Pension Assets issued by the National Pension Commission (PenCom)."
He warned the government not to act contrary to the provisions of the extant regulation on investment limits to wit: "Pension Funds can invest no more than 5% of total pension funds’ assets in infrastructure investments. I note that as of December 2023, total pension funds assets were approximately N18 Trillion, of which 75% of these are investments in FGN Securities". He said, “There is no free Pension Fund that is more than 5% of the total value of the nation’s pension fund for Mr Edun to fiddle with.
“There are no easy ways for Mr Edun to address the challenges of funding infrastructure development in Nigeria. He can’t cut corners. He must introduce the necessary reforms to restore investor confidence in the Nigerian economy and to leverage private resources, skills, and technology.”

BEFORE TINUBU - THERE WAS BUHARI!!

The quest to raise money by hook or Crook is a Continuum in APC government from 2015 to 2024! After exhausting paper money printing through WAYS AND MEANS option, Buhari visited all DORMANT ACCOUNTS in the various Commercial Banks to mop up all idle monies including those of DEAD CUSTOMERS to pay multiple DEBTS!
MUST IT BE THE RICH ALL THE TIME?
And whereas they all have monies illicitly raked from the system and stashed away in foreign accounts in Panama, Bahamas, USA, Britain etc.

Was it not high time they repented and for once support the clarion call for ONE HOUSE PARLIAMENTARY SYSTEM FOR GRASS ROOTS POLITICS which would enable the POOR CITIZENS TO GOVERN THEIR COUNTRY WITH THE PRIME MINISTER OF THEIR CHOICE TO THE SHAME OF THE MONEY BAGS?
Although Edun recanted the unpopular, unthoughtful and selfish Pensions Fund Barefaced Robbery, he should go a step further to apologize to the over 133 multi- dimensional poor masses and confess the failure of the "KALOKALO" (money gulping) Presidential System!
It is never too late to repent because The Almighty God does not want the death of sinners!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsBola Tinubu Should Not Patronize Superstitious "Madarikan"!!! by z07ion(op): 3:49pm On May 18, 2024
In African mythology especially the Yoruba land it is strongly believed that when a person was inadvertently declared dead but turned out to be alive, his/her life tenure would automatically elongate to very ripe old age!

This unholy superstitious belief is termed MADARIKAN" (meaning that death should not be a presumptuous verdict on persons)!
"And as it is appointed unto men once to die, but after this the judgment." (Hebrews. 9:27).

Before elevation to the position of Nigerian President, Bola Tinubu visited France, Britain, and many other countries for medical treatment and on all those occasions, he was rumoured to have died only for him to resurface alive!
Now that he is in charge, he does not need "MADARIKAN" to stay in office! Sickness is a natural occurrence to human beings and all he needs to do whenever he is sick is to handover to his vice president and proceed for good treatment abroad in one piece!

His predecessor in office who spent several months in various hospitals abroad with TAX PAYERS FUNDS, enjoyed TWO TERMS OF OFFICE (2015-2023), and eventually retired to his Farm in Daura, was proclaimed DEAD severally while in office! It is customary for many affluent citizens who would rather live to enjoy their wealth for a very long time to orchestrate news of their demise, create an atmosphere of lamentation of their sudden exit only for the same bad news to be reversed after a few days!
PLEASE FIND BELOW MEDIA REPORTS BY THE ARISE GROUP:

After a two-week absence from the country, President Bola Tinubu returned to Abuja early Wednesday, where he was greeted by top government officials.

Tinubu’s diplomatic journey commenced with an official visit to the Kingdom of the Netherlands on April 23, at the invitation of Prime Minister Mark Rutte.
During his time in the Netherlands, Tinubu held discussions with prominent Dutch officials, including separate meetings with King Willem-Alexander and Queen Maxima. Additionally, he participated in the Nigerian-Dutch Business and Investment Forum.
Following his engagements in the Netherlands, the President attended a special World Economic Forum meeting in Riyadh, Saudi Arabia, from April 28 to 29. The forum, themed “Global Collaboration, Growth, and Energy for Development,” convened leaders from various sectors to discuss global development strategies.

HOWEVER, AFTER THE CONCLUSION OF THE SUMMIT ON APRIL 29TH, THE PRESIDENT'S WHEREABOUTS REMAINED UNDISCLOSED, WITH THE PRESIDENCY PROVIDING NO INFORMATION WHILE SPECULATION AROSE REGARDING A POTENTIAL PRIVATE VISIT TO EUROPE FOLLOWING HIS TIME IN SAUDI ARABIA.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, confirmed Tinubu’s return to the country.
“President Bola Ahmed Tinubu, along with his aides, will return to Nigeria tomorrow from Europe,” Onanuga wrote. It would be recalled that former Vice President and PDP candidate in the last presidential election, Alhaji Atiku Abubakar, had descended on Tinubu, whom he accused of globetrotting in search of foreign direct investments.
He also dismissed the presidency’s claims of having secured billions of dollars in investment from various companies, when nothing was allegedly forthcoming.

Atiku had said, “Rather, all manufacturing firms have been posting heavy losses while some are exiting due to his poorly implemented exchange rate unification policy, with even Aliko Dangote describing it as a huge mess at the recent annual general meeting of Dangote Sugar Refinery.

“The IMF in its latest report stated that Nigeria will by the end of the year become the 4th largest economy in Africa behind South Africa, Egypt and Algeria, a disgraceful development for a nation which was the largest in Africa by a mile when the PDP left the stage in 2015.

“Investors are seeing how local businesses are being treated and will not come to a place where their investments will not be protected. In saner climes, businesses such as Landmark would have been given at least two years’ notice in order for effective planning. But Tinubu’s eagerness to satisfy his business partners impaired his ability to coordinate the project properly.”

The presidency, which accused Atiku of distortion of facts to hoodwink the public, had said the Tinubu administration, within its first year, had attracted over $20 billion into the economy, in addition to securing over $14 billion in new investments from Indian business leaders, when Tinubu was in New Delhi, India, for G20 Summit last year.
It claimed that a substantial part of this sum was already in the country.

But Onanuga stated, “In an unmistakable vote of confidence in the economic reforms being executed by the Tinubu administration, foreign investment in Nigeria’s stock market has ballooned, from N18.12 billion in Q1 2023 to N93.37 billion in Q1 2024, an increase of 415 percent.

“The last time Nigeria saw such level of investment was in the first quarter of 2019, when N97.6 billion was invested. The market, since Tinubu came to power, has broken records and created more wealth for the investors.

“During President Tinubu’s recent trip to The Netherlands, the Prime Minister, Mark Rutte, announced a fresh $250 million investment by Dutch businesses in Nigeria.”

Onanuga had asserted on top of claim that different sectors of the economy, notably telecoms, manufacturing, solid minerals, oil and gas, e-commerce, and fintech, had been attracting new Foreign Direct Investments (FDIs) from discerning investors, who were convinced that Nigeria was a good market for bountiful returns.

THE PRESIDENT DID NOT DIE AFTERALL - HE IS PRESIDING OVER NIGERIA FROM ASO ROCK - NOT FROM THE MOON!


NOW THAT TINUBU IS BACK TO NIGERIA AFTER TWO WEEKS OF "WORK & REST," HE SHOULD FOCUS ON TRANSFORMING THE NATION THROUGH POPULAR REFERENDUM, TO "ONE HOUSE PARLIAMENT" TO OVERCOME SECURITY CHALLENGES OF CRIMES AND CRIMINALITIES PERMANENTLY!

THE PRESIDENTIAL SYSTEM IS AN ABYSMAL FAILURE BECAUSE IT HAS NEVER PUT FOOD ON THE CITIZENS' TABLE! BUT THE POLITICIANS GET RICHER BY THE DAY THROUGH BUDGET PADDINGS, DUBIOUS/INFLATED CONTRACTS, DISTRIBUTION OF PALLIATIVES ETC.!

Thus saith the Lord, "If My Son Tinubu restitutes and transits Nigeria into ONE PARLIAMENT NATION, I WILL remove his health afflictions, forgive his sins and grant him a long and peaceful life as REWARD! AMEN!


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsBetter Yesterday Is A Curse To Progressive Ideologies! by z07ion(op): 10:27pm On May 11, 2024
The current All Progressives Congress (APC) ruling Party’s administration is very close to 365 days in office.

When Noble Laureate Professor Wole Soyinka was requested by Media Reporters some three months ago to access President Bola Tinubu's performances he said it was too early! The question is how long does it take for a government to hit the ground and run with articulate ideas if those in the saddle were actually ready and prepared for the job?
While picking his cabinet and other political appointees, the man surrounded himself with Yesterday Paddies whom he boasted were "tried and tested" just as his predecessor Baba Buhari worked with his kinsmen in spite of massive criticism and public outcry against nepotism, partialism, tribalism, favoritism etc.!
During the campaign period, they were leached to him to answer all hard/tricky media questions at Chattam House London and also locally by the Nigerian Press during political debates in his desperation to clinch the Aso Rock Ticket!

THE PRESIDENT AND HIS YESTERDAY APPOINTEES CAN NO LONGER PROFFER SOLUTIONS TO SECURITY AND SOCIO-ECONOMIC ISSUES DUE TO ANALOGUE IDEAS!

1. They told him to remove petrol subsidy on 29th May 2023 day of inauguration and he did.
2. He was told to merge the exchange rate - official and parallel market.
3. He was told to float the naira.
4. He was told to support PMS Importers with the scarce borrowed forex funds to augment differences in landing costs due to volatile international exchange rates and NOW FORCIBLY PAYING THE "REMOVED" SUBSIDY AGAIN!
5. But he was advised to tell the Riyadh 2024 Special World Economic Forum on Global Collaboration Growth and Energy for Development on Sunday 28th April 2024, that Nigeria would have gone bankrupt if the subsidy was not removed then!
6. On the same Sunday in Saudi Arabia during a meeting with Microsoft Founder and Philanthropist, Mr. Bill Gates, on the sidelines he said technology was a potent weapon against corruption and financial impropriety in public service but added that resistance was expected at any innovation to strengthen systems and forestall malfeasance.
“Technology is the enemy of fraud, corruption, and irregularity. We have been working hard on improving technology. “There is always the initial resistance. Corruption, self-interest, and fraudulent activity will always be an enemy, but when you bend that curve, you will receive the benefit. The nation will receive the benefit”.


TINUBU'S BETTER YESTERDAY IN LAGOS STATE - 1999-2007 HAS BECOME A BROKEN RECORD!

He claimed to have deployed technology to enhance the revenue base of Lagos State as Governor, through collection and utilization of essential data, for an efficient tax system for the state.
“When I was governor of Lagos State, I faced challenges. I started with N600 million and ended up with over N8 billion. And right now, they are targeting a trillion naira with the use of technology in the state. There is no other shortcut. We must invest in technology. We must focus, be diligent, and work hard”.

Bill Gates informed the President of a one-identity technological platform that could integrate variegated data, and expatiated on the centrality of data harmonization to planning, security, and tax efficiency.
“We are working with Mr. Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, on digitization. Before you came into office, there were a few things attempted in identity management. But they have been very scattered. There have been multiple identification systems.
“Now, there is a plan to take that technology called MOSIP and use it for this identification platform so that people can get digital benefits. We are providing support for that, and we can provide more support.
“With MOSIP ID, there is potential application in all government payment programmes. It helps with payment efficiency and bank accounts, and eventually, when everyone is using that, it makes tax collection easier. That benefit will take a few years. However, there will be more bank accounts, more financial inclusion, and effective government payment programmes,” Mr. Bill Gates said. He also said that Nigeria has the capacity to manage this system and related-technological systems as the nation brims with talented youths.

“The last time I went to the Microsoft office in Lagos, I saw the amazing work that they were doing and how they were growing their operations. So, you have a lot of Nigerian talents to manage these systems,” he said. The businessman also spoke about some high-yield seeds and a variety of crops with the potential for improved productivity and nutrition in all regions of the country.
He disclosed that countries like the United States and Brazil had been using these seeds which had been tested and certified as safe.
“There is no safety issue with these seeds. Supporting the Minister of Agriculture’s effort in this regard is something that we feel is important and worth supporting,” Mr. Gates added.
Responding to Gates’ submission, President Tinubu said: “We will look at this and work on it further. I am proud of Nigeria’s youths. They are very excited and creative with technology. They encourage us as we continue to press our reform efforts forward for their future prosperity. This is Nigeria’s time to become what it ought to be.”

THE WAY OUT FOR MR. TINUBU AND HIS YESTERDAY PADDIES IS TO OPT FOR ONE HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH POPULAR REFERENDUM!

In 24 days from Sunday 5th May 2024, Mr Tinubu would have spent 365 days in office. Are these the kinds of story-telling that suffering Nigerians will continue to hear from a group of people who have no iota of how ICT governance was motivated for 21st Century Nations?
Patriotic Nigerians should speak and act NOW!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigerian Politicians Will Repay All National Debts - Dead Or Alive! by z07ion(op): 4:33pm On May 04, 2024
From all indications President Bola Tinubu seems to have no Advisor on any subject matter concerning the administration of the populous nation of Nigeria gifted with professionals in all fields of educational endeavors, world-class economists, academia. medical doctors, engineers, security experts, captains of industries of world-wide repute!

And whereas he is indebted to pay monthly humongous salaries/allowances to over 18 of them apart from 48 Cabinet Ministers and quantum Special Assistants without fail!
In spite of the negative ripple effects of tinubu's declaration of removal of fuel subsidy on the day of his inauguration, May 29 2023, he still justifies himself with the following statement made during global jamboree from Netherlands to Saudi Arabia

Friday, 26 April 2024.

Nigeria’s President Bola Tinubu arrived Riyadh, the capital of Saudi Arabia to participate in the 2024 Special World Economic Forum (WEF) on Global Collaboration, Growth, and Energy for Development.
The President’s arrival on Friday evening marked the beginning of the second leg of his two-nation official visit, following his earlier engagements this week in the Hague, Netherlands.
The two-day Special World Economic Forum is scheduled to hold from Sunday, April 28 to Monday, April 29, 2024 in Riyadh, Saudi Arabia.


BELOW ARE THE JUSTIFICATIONS OF PRESIDENT BOLA TINUBU FOR THE SUDDEN REMOVAL OF PETROLEUM SUBSIDY WITHOUT ANY PALLIATIVES IN PLACE TO DATE!

President Bola Ahmed Tinubu has said that the removal of petrol subsidy was a necessary and decisive action to ensure that Nigeria does not go bankrupt.

The President said this at the World Economic Forum in Riyadh, Saudi Arabia on Sunday, 28th April 2024, where he also said that the floating of the Naira was necessary to remove the “artificial element of value” in the currency.

President Tinubu, while speaking at the Forum, said, “For Nigeria, we’re immensely consistent with our belief that economic collaboration and inclusiveness is necessary to engender stability… Concerning the question of the subsidy removal, there’s no doubt that it was a necessary action for my country not to go bankrupt (and) to reset the economy and the pathway to growth.
“It is going to be difficult, but the hallmark of leadership is taking difficult decisions at the time it ought to be taken, decisively. That was necessary for the country.
“Luckily, we have a very vibrant, youthful population interested in discoveries by themselves and highly ready for technology, good education, committed to growth. We were able to manage and partition the economic drawback and the fallout of the subsidy removal". (What reckless effrontery?)


TINUBU’S ENTOURAGE AS USUAL GULPED MILLIONS OF DOLLARS OF TAX PAYERS FUNDS TO EXECUTE THE PRETENTIOUS JOURNEYS THAT COULD HAVE BEEN HANDLED WITH TECHNOLOGY!

He decided to open the PANDORA BOX
In an austere time such as this?

1) According to the Apex Central Bank of Nigeria, its officials participated in a number of meetings to shape the global economic landscape during the IMF/World Bank Spring Meetings, 17-20th April 2024 in Washington DC. In close coordination with Minister of Finance, Wale Edun, CBN Governor, Olayemi Cardoso hosted more than a dozen leading IMTOs to a breakfast meetings followed by strategic deliberations with G-24 ministers and central bank governors. (Were they invited?) Governor Cardoso held insightful bilateral conversations with World Bank Group President, Ajay Banga, and World Bank Group Chief Economist, Indermit Gill, followed through fruitful discussions with the African Consultative Group and he IMF Money and Capital Markets Department. (It was a jamboree and waste of very scarce public funds)!
2) Free Money? Nigeria Secures $2.25bn Loan From World Bank At 1% Interest Rate, Says Wale Edun!!

The Board of the World Bank would meet in June to consider the final approval of Nigeria’s request for a $2.25 billion single-digit interest financing package, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has disclosed. Edun, announced the financing request at the end of the just-concluded Spring Meetings of the International Monetary Fund (IMF) and World Bank on Sunday.
He had stated that the package, approved by the Board of Directors of the World Bank, offers a 40-year term with a 10-year moratorium and a nominal one percent interest rate would meet in June 2024 to consider the final approval of the financing package! (On a platter of gold?).
“The Federal Ministry of Finance continues to work closely with the World Bank on Nigeria’s application for up to $2.25 billion, comprising $1.5 billion in Development Policy Financing and $750 million in Programme-for-Results financing.

“We expect that the Board of the World Bank will meet in June 2024 to consider the final approval of this financing package,” the statement added.

“The 2024 Spring Meetings highlighted the global economy’s improved resilience, acknowledged by economic leaders worldwide.
“THE BANK AND THE FUND HAVE COMMENDED NIGERIA'S EFFORTS IN TIGHTENING MONETARY POLICIES, REVISING THE COUNTRY'S GROWTH FORECAST UPWARDS TO 3.4 PERCENT FOR THIS YEAR – A REFLECTION OF THE EFFECTIVENESS OF THE ADMINISTRATION'S ECONOMIC POLICIES,” IT ADDED.
(Borrowers dwell on speculations and remain tied to the apron's string of the lender forever!)


PANDORA BOX!

According to Wikipedia, Pandora's box is a metaphor for something that brings about great troubles or misfortune, but also holds hope. In Greek mythology, Pandora's box was a gift from the gods to Pandora, the first woman on Earth. It contained all the evils of the world, which were released when Pandora opened the box.


COMMENTS:

The wild goose chase and penchant for international borrowing ingrained in consecutive Nigerian greedy politicians had beclouded their sensibilities and
Oblivious of all booby traps embedded in international transactions especially those from the International Monetary Fund and the World Bank which are imperialist and capitalist organizations!
They believe in the neo-colonialists agenda that the 54 African Nations should never be Independent from former foreign overlords, but be trapped through pretentious, soft, slavish loans that would BE IMPOSSIBLE FOR SEVERAL GENERATIONS TO REPAY!
The latest USD$2.25 being offered to Nigeria would attract ONLY 1%, 10 years moratorium and repayable in 40YEARS!!!


NIGERIA'S INTERNATIONAL DEBT PROFILE - NATIONAL BUREAU OF STATISTICS (NBS).

Nigeria's external debt stood at N31. 98 trillion (US$41.59 billion) in Q3 2023, while total domestic debt was N55. 93 trillion (US$72.76 billion). The share of external debt (in naira value) to total public debt was 36.38%in Q3 2023, while the share of domestic debt (in naira value) to total public debt was 63.62%.


TINUBU HAS OPENED THE PANDORA BOX AND HE MUST DEAL WITH THE CONSEQUENCES!!!

1) No Nigerian citizen or any member of their families alive or their unborn children will ever pay the DEBTS THAT Tinubu and his fellow cohorts have accumulated from 1999 to date!!
2) All debts external/internal WILL BE PAID BY THE BORROWERS at National/Sub,- National levels. All monies starched outside of the country in foreign accounts MUST be retrieved and all PROPERTIES, landed. Movable or immovable must be auctioned and converted in monetary terms and made payable to all foreign and local lenders!
3) All monies flowing daily as Toll Gates fees in BILLIONS OF NAIRA AT THE LEKKI TOLL GATE LAGOS and being collected by an ALPHA BETA PRIVATE COMPANY (allegedly owned by President Bola Tinubu according to ex-Military Governor, BODE GEORGE), MUST BE RETRIEVED THROUGH GOVERNMENT FIAT to add to the repayment of all foreign and local debts in order to assuage the Innocent Blood of hundreds of YOUTHS who were killed on 8th October 2020 during a very peaceful protest gathering against police brutality tagged END SARS!
4) Tinubu should see the HANDWRITING ON THE WALL that the game of institutional impunity in orchestrated/ massive corruption is totally over!

ALL CURRENT AND PAST POLITICIANS WHO HAD DIPPED THEIR HANDS INTO THE NATIONAL/STATE TREASURIES TO STEAL THE CITIZENS FUNDS WILL PAY IN FULL - DEAD OR ALIVE!!!
THE LORD WILL EXECUTE JUDGMENT UPON ALL OF THEM AND THERE SHALL BE NO ESCAPE AMEN AMEN!

"For we brought nothing into this world and it is certain we can carry nothing out.,." (I Timothy 6:7-12).


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
Politics"Japa Syndrome" Had No Place In Nigeria's First Republic! by z07ion(op): 9:34pm On Apr 27, 2024
MV AUREOL - the very successful luxury ocean passenger liner of the early 50s - shuttling between Britain and Nigeria, seemed to have disappeared into thin air but not like the TITANIC! (According to Wikipedia, it changed ownership, beached and eventually sold in scraps!)

Aureol was a mid-sized British ocean liner, originally put into service for Elder Dempster Lines of Liverpool in 1951. She was constructed on the River Clyde in Glasgow by Alexander Stephen and Sons. At 537 feet long and measuring 14,083 gross register tons, Aureol had room for 329 passengers and carried 145 crew. She spent her entire Elder Dempster career on the UK-Lagos passenger cargo service. From 1951 to 1972 she sailed from Liverpool, but closure of the landing stage and the hope of better loadings led to her being transferred to Southampton (first departure 26 April 1972) for the last two years of her service.

Aureol arrived at Southampton at the end of her final Elder Dempster voyage on 18 October 1974. She was purchased by Greek oil tycoon Yiannis Latsis, and renamed Marianna VI after one of his daughters. In 1989 she was laid up at Eleusina and did not sail again until 2001, when she moved to the Indian port of Alang to be beached and broken up for scrap.

AUREOL - THE FLAGSHIP VESSEL FOR VIBRANT NIGERIAN YOUTHS WHO SOUGHT GREENER PASTURES IN BRITAIN AT INDEPENDENCE!

Nigerian Youths at independence were a determined bunch of nationalistic, patriotic and ideologistic citizens who were determined to lift the new independent nation to International recognition in all industrial/socio-economic studies and engagements.

They travelled on MV Aureol at very minimal costs on the luxurious modern ship to Great Britain to study successfully and returned to Nigeria to build up the nation.
If only the Military had not truncated democracy - Nigeria would not have degenerated to the sordid state , of institutional corruption that have now compelled Nigerian Youths to ("Japa" ie, migrate), at very high costs and at the peril of their lives to offer themselves as slaves to the developed countries of Europe, the United States, Canada etc.!

EVEN AS WILLING SLAVES - THEY ARE BEING REJECTED, BRUTALIZED AND DEPORTED!

This expose' will be restricted to the human rights violation/dehumanization of all category of immigrants from Nigeria and other nations by the United States Immigration according to extracts from an article published by the Ministry of Foreign Affairs People's Republic of China.
"US Human Rights Abuse Against Refugees and Immigrants: Truth and Facts. 2023-03-30 10:00.

"In the 21st century, successive U.S. administrations have increasingly restricted immigration and treated immigrants harshly and inhumanely, with arrests, detentions, deportations and repatriation of immigrants on a large scale every year. The U.S. government arrested 850,000 migrants in 2019 and more than 1.7 million in 2021, a record high since 1986.

"The number of immigrants detained has grown rapidly. In August 2022, U.S. Customs and Border Protection (CBP) detained more than 203,000 illegal immigrants from Mexico. In fiscal year 2022, more than 2.3 million refugees and immigrants were arrested at the U.S.-Mexico border. A record high of more than 430,000 immigrants were deported from the United States in 2013. The number still reached 360,000 in 2019.

More than 100,000 have been repatriated each year. In large-scale arrests, detentions, deportations and repatriation, the human rights of immigrants are grossly violated, and humanitarian disasters occur frequently. In September 2021, more than 15,000 refugees from Haiti gathered in the Texas border town of Del Rio, waiting for a slim chance to enter the United States. The refugees were brutalized by U.S. border enforcement agencies, with patrols on horseback wielding horse whips, charging into the crowd, and driving them into the river. The CNN commented that the scene was reminiscent of the dark periods in American history when slave patrols were used to control black slaves. On 25 October 2021, the United Nations Human Rights Council condemned the systematic and large-scale deportations by the United States of Haitian refugees and immigrants without assessing their individual situations as a violation of international law.

"After COVID-19 broke out, the U.S. government used COVID as an excuse for large-scale deportations of illegal immigrants. In 2020, the U.S. government invoked Title 42 of the United States Code to prohibit immigrants from entering under the pretext of stemming the spread of COVID. Scientists at the U.S. Centers for Disease Control and Prevention said the practice lacks a public health rationale and could instead increase the likelihood of the epidemic spreading. Through this practice, the U.S. government has made over 1.8 million deportations, expelling at least 215,000 parents and children, of whom 16,000 are unaccompanied children. The immigrants who were not deported for the time being were sent to detention facilities and continued to be subjected to inhumane treatment.

"Political polarization in the United States is worsening its immigration problem. In recent decades, the immigration issue has become more entangled with economic, racial and ideological issues as well as cultural values. The Democratic Party and the Republican Party have kept attacking each other, and a compromise is hard to reach.

"Democrats accuse Republicans of embracing nativism and white supremacy and inciting xenophobia and racial discrimination to win votes from the white population. Republicans accuse Democrats of accepting immigrants to gain more votes from ethnic minorities and more seats in the Congress. The partisan divide has prevented any significant immigration reform bill from passing Congress since the comprehensive Immigration Reform and Control Act of 1986. Both Democrats and Republicans had put forth their own immigration reform proposals, but they all hit a dead end very soon."

NIGERIANS SHOULD UNITE TO SUPPORT THE CAMPAIGN FOR ONE HOUSE (UNICAMERAL) PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH POPULAR REFERENDUM!

Was it not high time that all Citizens of Nigeria should join ranks to build a New Nigeria of our dreams that will be economically viable not only as the Merchant/Economic Nation of Africa but of the entire world?
IF WE ARE REJECTED BY OTHER NATIONS WE CANNOT BE REJECTED IN OUR OWN ANCESTRAL HOMELAND! THIS IS THE APPOINTED TIME FOR NIGERIA TO BECOME GREAT AGAIN!

Vanguard gathered that over 10,000 people had been deported from the U.K. between January 2019 and May 2022.30 Jun 2022
According to United Nations numbers, there are just over 700,000 migrants in Libya at the moment, making up just over 10% of the country's total population.9 Jul 2023
So far this fiscal year (through March 2024), immigration judges have issued removal and voluntary departure orders in 35.1% of completed cases, totaling 140,644 deportation orders.

ENOUGH IS ENOUGH !


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsParliamentary System Will Stop The Massive Bloodshed. by z07ion(op): 9:55pm On Apr 20, 2024
PARLIAMENTARY SYSTEM WILL STOP THE MASSIVE BLOODSHED - CRUDE OIL FLOWS ACROSS NIGERIA!



In every annual budget since the discovery of crude oil in Nigeria in 1956, revenue from oil alone had always constituted not less than 85% of total overall appropriations!

The oil and gas sector plays a significant role in the economy, contributing about 65% of government revenue and 85%of total export.
The Federal Government had in the 2024 budget estimate projected N18.3 trillion revenue, expecting that N8.0 trillion or 43.9 percent would accrue from oil revenue.

However Niger militants and the entire indigenous people of the region had always claimed that without oil from their soil, Nigeria would not survive economically, when their political leaders were unfaithful in spite of the 13% derivation allocation to the oil-producing communities! The 13 % derivation fund comes from the federation revenue to oil-producing communities through the state governments as enshrined in section 162, sub-section 2 of the Nigerian constitution, but due to ripple effects of degradation of their soil through years of exploration/exploitation, they are now demanding for 30% of total oil and gas revenue for their region! In a Parliamentary System of government which citizens are demanding, the question or agitation for certain percentages from the Federal Government will no longer arise because grassroot constituencies would explore and utilize
such NATURAL ENDOWMENTS while agreeable percentages would be paid to the Central Government as at when due.


The Buhari APC Administration in November 2022 announced that over a billion barrels of oil was found in Northern Nigeria and that drilling had commenced.
The ex-president said the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, which had already attracted $3 billion investment when he flagged off the first crude oil drilling project in northern Nigeria, on the boundary of Bauchi and Gombe States on Tuesday 22nd November, 2022.

According to a Leadership Report, the NNPC had in October 2019 announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-eastern part of the country. The commercial quantity discovery was the first in the region after several crude oil explorations in the Upper Benue Trough. The oilfield will be developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Ltd.

The discovery of oil and gas in commercial quantities in the Gongola Basin, according to NNPC, will attract foreign investment, generate employment for people to earn income and increase government revenues. During the flag-off in Bauchi on Tuesday, Mr Buhari said the successful discovery of the Kolmani Oil and Gas field by NNPC and her partners has finally broken a decade’s long jinx.


“THIS IS INDEED SIGNIFICANT CONSIDERING THAT EFFORTS TO FIND COMMERCIAL OIL AND GAS OUTSIDE THE ESTABLISHED NIGER DELTA BASIN WERE ATTEMPTED FOR MANY YEARS WITHOUT THE DESIRED OUTCOMES,” MR BUHARI SAID.
“This discovery had emanated from our charge to the NNPC to re-strategize and expand its oil and gas exploration footprints to the frontier basins of Anambra, Dahomey, Sokoto, Benue trough, Chad and Bida Basins. Similar activities across the other basins are currently actively ongoing.”
“We are pleased with the current discovery of over 1 billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani area and the huge potential for more deposits as we intensify exploration efforts. “As a fully integrated in-situ development project comprising upstream production, oil refining, power generation and fertilizer, the project promises many benefits for the nation. This includes but is not limited to Energy Security, Financial Security, Food security as well as overall socio-economic development for the country,” he said.

Mr Buhari noted that considering the landlocked location and the huge capital requirement, the economics of the project is a challenging proposition.
“Consequently, from the onset, I instructed NNPC Limited to utilize and leverage their vast asset portfolio across all corridors of its operations to de-risk the project to attract the much-needed investment. I have directed NNPC to continue along these lines.
“It is therefore to the credit of this administration that at a time when there is near zero appetite for investment in fossil energy, coupled with the location challenges, we are able to attract investment of over USD 3 billion to this project,” he said.


According to him, this will surely be a reference subject for favourable discussion in the industry as we pursue the energy transition program that will culminate in our country achieving Net-Zero position 1 by the year 2060. “I have engaged the Governors of Bauchi and Gombe States, and both have given me assurances of their unwavering commitment and willingness to ensure support and cooperation in these localities as this activity affects the local populations,” he said. He urged the NNPC Ltd, NNDC, and their Strategic partners to ensure all lessons learnt from our years of experience as an oil-producing nation are utilized to ensure harmonious relationships with the local communities.

AS THE OIL & GAS FLOW ACROSS NIGERIA THE PARLIAMENTARY SYSTEM WOULD COMPLEMENTARY & COMPLETELY ELIMINATE THE AGGRESSIVE RIVALRY AND DICHOTOMY BETWEEN NORTH AND SOUTH!


URGENT NEED FOR A UNICAMERAL LEGISLATURE IS NOW!

A unicameral legislature refers to the type of legislature in which there is only one House or Chamber.
It provides for diligence, dedication and accountability through hard work because ALL HANDS MUST BE ON DECK 24/7!

Below are salient advantages of Unicameral Legislature FOR NIGERIA!

On appointed days of the week Legislators/Parliamentarians and the PRIME MINISTER would seat and work together as a Team in the One Chamber and address constitutional duties of government according to priorities.
Unicameral legislature is democratic in that it ensures grassroot free/fair elections through direct voting system by the people.

. It is cost-friendly, cost effective because aspirants would not have to campaign across the entire country but within their locality and constituencies.
. Successful Parliamentarians would appoint from among themselves the leader of the party with the majority votes as Prime Minister who becomes head of government.
. Government has two executive posts namely: The Real Executive and the Ceremonial Executive who is decorative Head of the State.
. Members of the Press are regularly briefed to inform the public through their Media Establishments by the Prime Minister as appropriate or any member delegated by him.
. There is no specific tenure of office for the Prime Minister as it obtained in the Presidential system. A Prime Minister remains in office for as long as he or she performs creditably.
It could be Four years, Six months or Three weeks! His/her tenure depends on STERLING & ACCEPTABLE PERFORMANCE BY HIS COLLEAGUES - unlike SEAT-TIGHT LEADERS in a Presidential System!

. The Executive Prime Minister who is a product of the Legislature is responsible to his colleagues (the parliamentarians), with whom he shares a collective responsibility of the whole Council because he and his ministers were elected from among other members of Parliament.
. A Prime Minister may resign from office at any time instead of being kicked out through a VOTE OF NO CONFIDENCE by his colleagues!
.Bicameral legislature in Nigeria had always engendered rivalry in respect of superiority - upper or lower - not specifically highlighted in the 1999 Military Constitution of the Federal Republic of Nigeria!
.A Unicameral legislature prevents such squabbles.
.Unicameral legislature provides room for a faster process of law making because CONCURRENCY would not be applicable in moments of emergency!


INTRACTABLE INSECURITIES OF BOKO HARAM TERRORIST, BANDITS, GUNMEN KIDNAPPERS, ASSASSINS, MURDERERS, ARMED FULANI HERDSMEN ETC. WOULD BE COMPLETELY ELIMINATED WHEN A ONE-HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT IS ESTABLISHED IN NIGERIA!

.All able-bodied adults will be gainfully employed to earn living wages. People will dwell in harmony because all constituencies will be highly productive and competitive in industrial revolution in agriculture through information communication technology (ICT) and state of art equipments.
Agriculture will be the main stay of the economy that will even overshadow mineral resources/Oil and Gas. Every part of Nigeria will be developed to international standards.

The time to act is now! The present government of Bola Tinubu should realize that the Citizens have sovereignty over them who were selected/selected and appointed politicians!
Nigeria is adequately endowed roundabout and there should be no more negative indexes with which Nigeria have been labeled in the past!
It's time to act now in righteousness by discarding sinful attitudes of nepotism, cabalism, tribalism, feudalism, egotism, institutional corruption etc.!

"The fear of the LORD is the beginning of Wisdom!"


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
Politics300% Electricity Tariff Increase Will Eventually Be Paid By Nigerian Talakawas. by z07ion(op): 10:31pm On Apr 13, 2024
The Nigerian National Electricity Grid has collapsed forty six times between 2017 and 2024 in spite of the billions of billions of United States dollars expended on the inexpendable project!
On Thursday 4th April 2024 it collapsed for the second time in the year and plunged the entire nation into complete darkness while Nigerian Electricity Regulatory Commission had completed plans to increase ELECTRICITY TARIFF OF BAND [A] CONSUMERS - THE INDUSTRIES SECTOR BY OVER 300%!

Resilient Nigerians who have been used to paying for services never rendered by consecutive Regulation Authority took the ineptitude of an Oligarchy Government as usual in their stride and moved on! According to NERC, that industrial sector would consume 20 hours of daily and must therefore pay higher premium!


PREVIOUS ATTEMPTS TO INCREASE ELECTRICITY GENERATION IN NIGERIA HAD FAILED!

On 13 February 2019, during Buhari's second- term bid, Sahara Reporters, New York, published the following article which stated that "$16bn Obasanjo Spent On Power Project Will Be Probed, Says Buhari" Buhari said his government would do everything possible to recover the money and uncover those behind the scam.
President Muhammadu Buhari has reiterated his resolve to probe the $16billion spent on the failed power project by the administration of former President Olusegun Obasanjo.
Buhari said his government would do everything possible to recover the money and uncover those behind the scam.
He stated this on Tuesday while speaking in Yenagoa, the Bayelsa State capital, during the All Progressives Congress (APC) presidential campaign rally.

Although he did not mention Obasanjo, Buhari said: “The previous government mentioned on their own that they spent $16billion on power, but you are better witnesses than myself; where is the power? Where is the money? We will follow them; eventually, God willing, we will catch them and get our money back.”

The Nigerian government was reported to have spent N16billion on power projects between 1999 and2007 when Obasanjo was in power."


END OF STORY! THEY HAVE ALL MOVED ON WITHOUT PROFFERING SOLUTION TO POWER OUTAGE IN NIGERIA!

How much does Nigeria need to get 24/7 electricity asks Opeoluwa Dapo-Thomas in a publication in Nairametics precisely one year ago!
As of December 2022, Nigeria has a generating capacity of 22,000 megawatts Nigeria as of 2020, has 54% electricity access
Despite the nature of the country’s electricity, Nigeria exports electricity to neighbors Niger, Benin, and Togo.

Over the years, one question that has yet to be answered despite promises made by successive governments is the possibility of the country having electricity for 24 hours a day, and 7 days a week. According to reports, 8 out of 10 Nigerians lack access to 10 hours of power supply. This means that most households and businesses do not have access to electricity for up to 10 hours. This has made doing business in the country increasingly difficult as most companies incur additional costs to have access to electricity through generating plants. Also, the unavailability and high cost of diesel, and petrol have further compounded woes and increased prices of goods in the market.
Electricity generation, transmission, and distribution now on concurrent list, but…

In Nigeria, electricity generation, transmission and distribution are placed on the concurrent legislative list. This means that both the federal and state legislatures share power in this regard. However, there are some limits to the power which a state can exercise in some instances as electricity. In paragraph 13(b) of the concurrent legislative list, the national assembly is vested with the power to make laws as regards the generation and transmission of electricity to any part of the country.

In paragraph 14(b) the state is only vested with the power to generate, transmit and distribute electricity to areas not covered by the national grid within the state. This means that now the federal government was vested with the sole right to electricity in the country. However, in March 2022, the lawmakers at the National Assembly passed a bill to reform the 1999 constitution. The bill allows states to generate and transmit their own electricity (without fully relying only on the national grid). Despite having a generating capacity of 22,000 megawatts, the country’s power generation peaked at 4,594.6MW as of November 2022. The electricity generated is considerably low considering the country’s population of over 200 million people.

In July 2019, the FG signed a deal with Siemens AG to increase electricity generation to 25,000MW in six years. In phases, it’s expected to increase from its current capacity to 7,000MW by 2021, 11,000MW by 2023, and 25,000MW by 2025. Also, based on international standards of 1,000MW to one million people, the country is expected to at least generate 200,000MW to give the population better access to electricity.

In Africa, Egypt, Morocco, Tunisia, and Algeria are countries with the most access to electricity with 100 per cent access. In Egypt, the country overcame its electricity woes through investment. In 2015, it signed a $4.4b deal with Siemens AG which built three power stations with a combined output of 14,400 megawatts in two years. According to President El Sisi, $39 billion was spent between 2014-2019 to double electricity output to about 60,000MW in the country.



Nigeria needs to spend at least $100 billion for 100% access to electricity

24/7 electricity in Nigeria will no doubt come with a cost to Nigerians and consumers. In an earlier article, having electricity 24/7 is possible. One of the ways this can be done is through the clustering of electricity. This means neighborhoods/areas/places with almost similar consumption rates and under an agreement can negotiate a deal for their own power. The earlier report highlighted how it was possible to achieve this through a blend of 60% from grid supply and 40% from generators through an independent operator at an initial N95/kWh. The cost could rise as reported, based on some factors which are not limited to gadgets usage in a household, amount of electricity from the national grid, and cost of fuel. This could cost between N100, 000 to N400, 000 or more monthly.

This will also raise questions about the commitments and willingness of Nigerians to pay. The population in Egypt is around 109 million which could as well pass as half of the population of Nigeria. With Egypt’s expenditure that high within the timeframe, and considering the cost in recent times, Nigeria might spend $100 billion as the minimum within the same timeframe or more to provide constant electricity and increase access to almost 100 per cent.

In Nigeria, the main source of electricity is Thermal and Hydro. Nigeria can take a clue at Morocco in exploring other sources to provide electricity for its citizens. According to state-owned power utility ONEE, Morocco’s electricity production in 2021 came from coal (37.08 per cent), hydroelectricity (16.14 per cent), fuel oil (7.67 per cent), natural gas (17.72 per cent), wind (13.37 per cent), solar (7.58 per cent). Nigeria can explore this to shift towards renewable energy sources which will help provide more sustainable power. Electricity access to as high as 100 per cent in the country is possible but will come at a cost.

ALL OF THE ABOVE LOFTY SUGGESTIONS COULD HAVE PROFFERED THE RIGHT SOLUTIONS IF MR. PRESIDENT BOLA TINUBU HAD NOT COMMITTED SOCIO-ECONOMIC SUICIDE ON 29TH MAY 2023!

Nigeria will now need not less than USD$400 billion dollars to produce 24/7 electricity for over 230million Nigerians! And where would a debt-ridden government that executes only annual recurrent expenditures of purchasing/ importing exotic luxurious vehicles and paying unfailing salaries/allowances to elected/appointed politicians find funds to fix electricity for the Sovereign Citizens of 1999 Military Constitution of the Federal Republic?


TAX THE RICH AND KILL THE POOR WITH HYPER INFLATION!

If NERC plan works out, more tariff would be collected from over TWENTY MILLION high-grade consumers across the 36 states of the federation and FCT Abuja. However, the affected industries would definitely pass cost of increase in production to the Poor whom NERC intended to succor due to another POLICY SOMERSAULT by the rudderless administration!
This government claims to have SUBSIDIZED ELECTRICITY LIKE PMS (PETROL)!

Every LIE has an EXPIRY DATE!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]





I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigerian Army Must Stop The Blood Shedding It Began In 1966 Now! by z07ion(op): 10:16pm On Apr 06, 2024
The Nigerian Army was an institution of honour and high repute until they dipped their hands IN CIVILIAN BLOOD IN 1966! Constitutionally the Nigerian army duties should be limited to defending The Nigerian Nation from external aggressions and when necessary to participate with great caution in Internal Security (IS Operations), as a defensive arm of government! However some adventurous soldiers mostly of the South East extraction on 15th January 1966 concocted some spurious allegations of tribalism, ethnicity but most importantly large scale institutional corruption against the politicians barely five years of freedom from colonialism into a constitutionally-elected parliamentary system of government and overthrew the legitimate institution!
No blood was shed during several years of negotiations between British Colonial masters and the founding fathers of Nigeria's independence and so it was very strange that guns were used to snuff out lives of Innocent Nigerians especially leaders of the Northern and South-Western parts of the country! It later became clear to all and sundry that the Igbo-dominated coup plotters had a hidden agenda to subject Citizens to military dictatorship! A reprisal against the coup in July of the same year eventually led to secession by the then Eastern Region from the rest of Nigeria and a continuous flow of Innocent Blood continued for the 30 months that a civil war lasted in the country! The 30 month Biafran or Nigerian Civil War began on 6th July 1967 and ended on 15th January 1970 under the commands of General Yakubu Gowon and late Colonel Odumegwu Ojukwu with the unifying declaration of "NO VICTOR NO VANQUISHED slogan initiated by Rtd.General Gowon.


FIFTY-EIGHT YEARS OF CONTINUOUS BLOODSHED IN NIGERIA (1966-2024)!!!

From the first salvo of gun shot fired on 15th January 1966 by clandestine soldiers, tons and tons of blood of Innocent Nigerians have flowed ceaselessly to date! During the CIVIL WAR alone, government documented that not less than 1.5 million lives - civilians/soldiers perished! It is very safe to conclude that the military introduced bloodshed, sustained bloodshed AND IS STILL BENT ON PERPETRATING BLOODSHED IN NIGERIA!
Nigerians are industrious and peaceful people by nature in spite of the DIVERSITY that should normally be harnessed to build a very economically-viable country like the United States of America! Instead, suspicion and insincerity had existed in the political game of Nigeria since the unfortunate incident of 1966 because the dichotomy between North/South could not be breached because it got wider and wider by the day!


THE SOLDIERS HELD NIGERIANS TO RANSOM WITH THE GUNS FOR 30 YEARS!

Beginning with the 1996 Military Coup, the Nigerian army remained in power without anyone challenge them because they succeeded themselves with one coup after another! However they failed to realize that during their long tenure of changing batons through military high-handedness, all manner of aggrieved/disadvantaged groups began to amass illegal weapons which are now more sophisticated than what they could boast of! And they began to challenge the Army, the Police, Prisons (correctional facilities), and all security architectures in Nigeria! THE NIGERIAN DEFENSE ACADEMY, WAS NOT SPARED!
Right now violent attacks against all military installations across Nigeria has boxed Mr. 'Bola Tinubu's Federal Government into a very tight corner - when juxtaposed with the UNPARDONABLE POLICY SOMERSAULTS OF OUTRIGHT REMOVAL OF PETROLEUM SUBSIDY, FROM DAY OF INVESTITURE AS MR. PRESIDENT, MERGING OF OFFICIAL/PARALLEL FOREIGN EXCHANGE RATES, FLOATING OF A VERY WEAK AND DROWNING NIGERIA NAIRA CURRENCY; ETC. It is a shame that Nigeria which is regarded as the giant of Africa will now find itself in this kind of security quagmire!"BLOODY CIVILIANS" can now boast of more Guns than those of the security operatives put together!

From the Niger Delta (South-South), during the Olusegun Obasanjo into the Yar'adua/Goodluck Jonathan Administrations, to the North-East, dissident groups included religion and ethnicity into their grouse against the Ruling Class and let loose mayhem on innocent Citizens of Nigeria! Militants of the Niger Delta coupled with Boko Haram insurgents flourished from 2007- 2024 and the blood continues to flow! Now, the Boko Haram terrorists have metamorphosed into bandits, rapists, armed herdsmen harassing farmers all over the country by deploying cows as shields to penetrate all societies and there's virtually no community that has been spared from their menace!


ATTACKS ON SECURITY AND MILITARY INSTALLATIONS IN NIGERIA ARE NOT NEW!

Between 2010 and 2024 Nigeria had faced several attacks from Boko Haram and other insurgencies and several gallant soldiers/security operatives have lost their lives in the process! Righteousness exalts a nation, but SIN is a reproach to all people according to biblical tenet but the crop of Nigerian politicians from 1999-2024 care less because they were very determined to enrich themselves even MORE THAN THE SOLDIERS! It should be regarded as ABOMINATION FOR CIVILIANS TO ATTACK THE MILITARY AND KILL THEM IN COLD BLOOD but from the preceding narratives the CULPABLE PARTY IN THE VERY DISGRACEFUL ANALYSIS ARE THE MEN IN KHAKI!

1) The constitutional duty of soldiers is to protect Nigeria and Nigerians from external aggressions!
2) They should always remember that they constitute a Force guided by chains of commands from the top most hierarchy which must be carried out with utmost alacrity and dedicated commitment.
3) The military are a bunch of trained security operatives who have passed through various deliberate and well-calculated indoctrination and should not throw all of those intrinsic values into the winds because of illicit gains!
4) They should be ready at all times to always obey Rules of Engagement to avoid being blamed for collateral damages in situations when things went wrong.
5) Soldiers were not supposed to delve into civil politics/administration with the evil agenda of tribalism, nepotism, cabalism etc, by shedding INN0CENT CIVILIAN BLOOD!
6) BUT FOR THAT UNWARRANTED MILITARY INTERVENTION IN 1966, NIGERIA WOULD HAVE BEEN THE MOST PEACEFUL AND ECONOMICALLY-VIABLE NATION OF THE WORLD TODAY!
7) THE PARLIAMENTARY SYSTEM OF GOVERNMENT OF DR. NNAMDI AZIKIWE AS CEREMONIAL PRESIDENT AND ALHAJI TAFAWA BALEWA CAN BE DESCRIBED AS THE MOST PEACEFUL IN NIGERIA TO DATE.
cool Now that they have realized the enormous bloodshed they have caused in Nigeria since 1966-2025, they should be ready to make necessary RESTITUTIONS!
TO EVERY CHALLENGE THERE IS A SOLUTION!

The Solution rests squarely at the doorstep of the Nigerian Army and the Armed Forces including all Security Operatives put together to now join hands with THE ONGOING CAMPAIGN FOR A REFERENDUM THAT WOULD JETTISON THE VERY COSTLY AND CORRUPTION-INFESTED PRESIDENTIAL SYSTEM OF 24 YEARS AND REPLACE IT WITH A UNICAMERAL PARLIAMENTARY SYSTEM THAT IS COST -EFFECTIVE AND WILL ENABLE ALL NIGERIANS FROM THE GRASSROOTS TO PARTICIPATE IN A TOTALLY VIOLENT-FREE AND STABLE GOVERNMENT FOR THE PEOPLE - JUST AS IT OBTAINS IN THE UNITED KINGDOM.
THIS IS THE MAJOR TASK BEFORE THE MILITARY AND WE BELIEVE THAT THEY WILL JOIN HANDS WITH MILLIONS OF NIGERIANS TO ACTUALIZE TRUE DEMOCRACY AS WE MOVE INTO THE SECOND QUARTER OF THIS YEAR 2024! THIS TIME AROUND SOLDIERS WILL SHOUT WITH TOPMOST VOICES AND NOT THE BARRELS OF GUNS IN SUPPORT OF UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH POPULAR REFERENDUM! GOD SAVE NIGERIA AMEN!
[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
PoliticsNigerian Army Of Occupation Must Stop Further Collateral Damages In The Creeks . by z07ion(op): 9:26pm On Mar 30, 2024
NIGERIAN ARMY OF OCCUPATION MUST STOP FURTHER COLLATERAL DAMAGES IN THE CREEKS NOW!


Once again, We offer our condolences to the entire Nigerian Army hierarchy and all the families of our gallant 17 slain soldiers whose souls are resting in Heaven with our Almighty Sovereign God and Creator.

The HOLY LAW OF GOD expressly forbids homicide in any form and stipulates that, "...he who kills by the sword shall perish by the sword."
In the past 10 days the Nigerian Media and social network have been awash with the very embarrassing and unpalatable news of the gruesome murder of these men in uniform whose lives were terminated while on a PEACE MISSION to resolve a land dispute between two communities in Delta State, South-south Nigeria.
It was also reported that their lifeless bodies were brutally mutilated and their weapons carted away!

According to one of the reports in the Premium Times, residents of the Okuama Community (one of the warring parties), has been fingered to have on 14th March 2024 ambushed and murdered the 17 military personnel including a commander (a lieutenant colonel), two majors, one captain and 13 soldiers!
The Nigerian army says the hoodlums who killed the military personnel in Delta State also carted away weapons belonging to the slain personnel.

During a condolence visit by the Chairman of the Niger Delta Development Commission (NDDC), the General Officer Commanding 6 Division of the Nigerian Army, and Joint Task Force, South- South Operation in Delta State, Jamal Abdussalam, disclosed that the suspected residents ambushed and murdered the Commanding Officer of 181 Army Amphibious Battalion, two majors, one captain and 13 soldiers.

The troops were ambushed and killed while responding to a distress call during a clash between Okuama and Okoloba communities in the South-southern state.
The military, earlier said a total of 16 soldiers were killed but later posted the names and photos of 17 soldiers, including the commander (a lieutenant colonel), two majors, one captain and 13 soldiers.

The GOC, Major General Abdussalam, said troops will be “firm, strong, decisive and professional” in conducting operations to arrest the hoodlums and recover the weapons, adding that the Chief of Army Staff, Taoreed Lagbaja, had issued directives to the troops carrying out the operation.
THE ARMY CHIEF FURTHER SAID THE TROOPS WOULD CONTINUE TO BE IN THE CREEKS UNTIL THE HOODLUMS WERE ARRESTED AND WEAPONS RECOVERED!!!

He reiterated that “propaganda, arm-twisting, blackmailing, intimidation, and false narratives” would not distract troops from staying on course to achieve their objectives and called on people of the Niger Delta Region to go about their normal activities.


The army chief appealed to people in the communities to assist the troops with information about the location of the fleeing criminals and the weapons that were carted away from by the hoodlums.

“If we allow criminals to continue to attack our security forces, there will be anarchy,” he said.
He stressed that troops would not rest until all the hoodlums involved in the murder of the military personnel were tracked down and reassured that the operation against the attackers was being conducted in such a way that, going forward, nobody would contemplate attacking military personnel in uniform.

VENGEANCE IS MINE I WILL REPAY SAYS THE LORD!
" Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord." (Romans. 12:19).


It is not only the ARMY and immediate families of the departed combatants that grief, the entire Nation grieves and would wish that the SLAIN SOLDIERS COULD JUST RESURRECT!
From the statement of the GOC it can be deduced that the military would remain an ARMY OF OCCUPATION in the CORDONED AREA until they fished out the criminals involved in the dastard act.
* How long will it take the Commander-In- Chief of the Armed Forces Mr. President Bola Ahmed Tinubu (BAT) who had ordered thorough investigations to be carried out to call his SUBORDINATES TO ORDER?
We want to remind the Nigerian Army that they should still remember that Nigeria is operating a DEMOCRATIC SYSTEM OF GOVERNMENT - A CIVIL AUTHORITY THEY MUST BE SUBJECTED TO AT ALL TIMES!

*Up to the time of this publication Sunday 24th March, 2024, the cordoned area remained off limits to other members of the security architecture in Nigeria namely the The Nigerian Police, Nigerian Security and Civil Defense Corps (NSCDC), DSS etc, and even the Nigerian Press which is the Fourth Estate of the Realm!


WHATEVER IS GOING ON IN THAT REGION RIGHT NOW IS SHROUDED IN SECRECY!

Already various accusations have been leveled against the Nigeria Army that military atrocities were being perpetrated in the CORDONED AREA similar to the total massacre/destructions of Odi Village, Balyesa State in 1999, and Zaki Biam Village Benue State between 20th-24th October 2001, by Nigerian Army soldiers during the tenure of Ex-president Rtd. General Olusegun Obasanjo!
One fact should be made clear to the Nigerian Army hierarchy that they cannot be the ACCUSER, the INVESTIGATOR, the PROSECUTOR and the JUDGE IN THEIR OWN Case!

Already the accused Community has been razed down, innocent citizens especially the vulnerable, women, children, juveniles and even pregnant women have been murdered in Cold Blood according to media reports while the Army claimed not to be culpable!

* Total blackout of the Nigerian Army activities - successes or failures - in their quest to fish out the murderers from the Creeks may only be known to the C-IN-C who also believes that he was not subject to inform developments to CITIZENS who "voted" him to POWER!
For how long will the Nigerian Army remain AN ARMY OF OCCUPATION in that land because according to the GOC they would remain in the creeks until they fished out the murderers!
Are they sure that the heinous murderers were still in the Creeks and why has it taken so long for them to reach and arrest those criminals?

OUR SUMMATION:

"Not returning evil for evil or reviling for reviling, but on the contrary blessing, knowing that you were called to this, that you may inherit a blessing." (1Peter.3:9).

The Commander-In-Chief of the Armed Forces should make a CATEGORICAL STATEMENT TO PROVE THAT IS IN CHARGE OF THIS COUNTRY'S SECURITY ARCHITECTURE AND THAT THE ARMY HAS NOT TAKEN OVER FROM HIM!
He MUST Issue an order for INDEPENDENT INVESTIGATORS AND CRIMINOLOGISTS that are abound in the nation in conjunction with THE NIGERIAN PRESS TO UNRAVEL WHAT ACTUALLY TRANSPIRED IN OKUAMA AND OKOLOBA COMMUNITIES, DELTA STATE!

DELAY COULD BE DANGEROUS!

The Word of God says, "The fear of the LORD is the beginning of knowledge: but fools despise wisdom and instruction" (Proverbs. 1:7).
THESE HURTING AND ANGRY SOLDIERS MUST BE PERSUADED TO CALM DOWN. DEATH IS AN ULTIMATE AND INEVITABLE PRICE EVERYONE MUST PAY!

"And as it is appointed unto men once to die, but after this THE JUDGMENT!" (Hebrews. 9:27).

MAY THE SOULS OF THIS GALLANT HEROES REST IN PERFECT PEACE WITH THE LORD! AMEN, AMEN.


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsHouse Of Reps. Kept Mum While Senators Dance Naked In Market Square! by z07ion(op): 2:47pm On Mar 23, 2024
ARE Nigerians surprised that the leadership of the House of Representatives in the bi-cameral legislative system kept quiet over the controversial allegations of 2024 BUDGET PADDING by Senator Abdul Ningi, Bauchi Central?
They are BIRDS OF A FEATHER! The 8th National Assembly was awash with the damning exposition of humongous budget padding by a ranking member and Chairman of House of Representatives Appropriation Committee who gave detailed information about how the illicit funds were shared! He was brazen to admit his own share of the bloody loot and gave detailed statements of the legislative cabal to the EFCC, POLICE ICPC etc, but till date, neither Hon. Abdulmumin Jibril Aminu nor his accomplices were invited for interrogation! They are all walking free!
Although he was suspended for ONE YEAR from all legislative duties, he sought redress at the courts, won all petitions but the entire case was swept under the carpet!

ABDUL NINGI WAS A MEMBER OF THE HOUSE OF REPS. DURING THE EXPOSED 2016 BUDGET PADDING!

Now as "distinguished" Senator of the Federal Republic of Nigeria, his patriotic/nationalistic instincts forced him to "BLOW THE WHISTLE" which has earned him a 90-day suspension from the legislative Chambers!

BELOW ARE SORDID EXPOSITIONS OF SENATOR NINGI ACCORDING TO PREMIUM TIMES: March 17, 2024

"The claim by a senator, Abdul Ningi, that over N53 billion worth of projects in the 2024 Appropriations Act are without a specific location, is true, a check by PREMIUM TIMES has revealed.
The suspended lawmaker, who represents Bauchi Central Senatorial District, recently accused the leadership of the Senate of fraudulently smuggling projects into the 2024 budget.
The lawmaker, who was suspended by the Senate on Tuesday over the claim, had disclosed that he got experts to review the budget and discovered some projects that do not have locations.
A review of the document obtained by this newspaper as well as a review of the proposed 2024 budget and the one eventually passed by the lawmakers, indicate that there is substantial merit in Mr Ningi’s claim.
According to Mr Ningi’s document, the consultants traced 36 projects that are worth N53 billion though the projects have no specific locations they are to be sited.

The 2024 Budget

On 29 November 2023, President Bola Tinubu presented the N27.5 trillion budget to the joint session of the National Assembly.
The budget has a recurrent expenditure profile of N9.92 trillion, a capital expenditure component of N8.7 trillion while N8.25 trillion was set aside for debt servicing.
Within 30 days, the lawmakers passed the budget, increasing it by N1.2 trillion and bringing the total figure to N28.7 trillion
Many observers believe that the lawmakers sacrificed diligence on the altar of speed.
It was not only the lawmakers who were in a hurry, President Tinubu also signed the bill into law within 48 hours after it was transmitted to him.
However, barely 60 days into the implementation of the budget, controversy arose.
PREMIUM TIMES reported the meeting between Mr Ningi, the Senate President, Godswill Akpabio, and some principal officers of the Senate.

The Senate President, Godswill Akpabio

During the meeting, Mr Ningi, who at the time was the leader of the Northern Senators’ Forum, alleged that about N3.7 trillion worth of projects were smuggled into the budget.
Mr Ningi also had an interview with BBC Hausa, during which he was quoted as saying, “Apparently, we discovered N3 trillion was inserted into the budgets for projects without locations. This is the highest budget padding that happened in Nigerian history under Senator Akpabio’s watch.” The lawmaker later claimed that he was misquoted in the interview, insisting that he never mentioned “budget padding” or Mr Akpabio. He, however, refused to be pressured to recant his claims by his colleagues during Tuesday’s plenary session. He was subsequently suspended. In the course of the saga, two main issues have occupied centre stage – budget padding and constituency projects.

Sen Abdul Ningi -Tracking the 36 projects without location

In the document Mr Ningi has, for instance, N500 million was allocated for “Energy Poverty Intervention in Selected Rural Cooperators Settlements.” The project is under the Federal College of Land Resources Owerri, Imo State.
This line item has a very vague description with an equally vague location. “Selected rural cooperators settlement” was the only description for the location of the project.
Further checks revealed that this project was not in the budget proposal submitted by President Tinubu. Aside from this project flagged by Mr Ningi, this paper also flagged several other projects placed under the same college in Imo.
For instance, N500 million was allocated for the “construction of solar street lights in selected cooperators settlement”. Like other projects, it has no specific location and it was not contained in the proposed budget submitted by the president.

In total, 14 projects worth N2.4 billion were injected into the institution’s budget. These 14 projects were not in the proposed budget by the president.
A similar vague project was domiciled in the budget of the Agricultural Council of Nigeria. The N40 million project is tagged, “supply of farm inputs and farm implements in selected communities.” No specific location was put in place for the project.
When President Tinubu presented the budget, the agency had a N2.7 billion budgetary allocation. After the lawmakers’ controversial insertions, the agency’s budget was increased to N22.9 billion. Many of the projects are to be executed in different senatorial districts. However, some have very vague descriptions. For instance, N297.6 million (N297, 555,911) was repeated four times in the agency’s budget for projects without specific locations.
There is “Solar street light installations in selected federal constituencies in the six geopolitical zones”, and there is another: “entrepreneurship/empowerment of SMEs in some six geopolitical zones in the country.”

Another agency that Mr Ningi flagged is the Nigeria Institute of Oceanography and Marine Research. He highlighted N1.5 billion worth of projects that could not be tied to any specific location. A simple search revealed that Mr Ningi only scratched the surface. Over N54.2 billion worth of projects were dumped by the lawmakers in this agency. Many of them are vague.
In the budget of the National Centre for Agriculture Mechanisation, over N36 billion was inserted in the budget of the agency by the lawmakers. When President Tinubu presented the budget in November 2023, the agency had about N1.8 billion as total estimated expenditure. However, by the time the lawmakers dumped their projects in there, the allocation increased to N38.6 billion.

Duplicating same untraceable projects in two agencies.

Mr Ningi’s claim that projects worth about N2 billion in the budget of the National Horticulture Research Institute, Ibadan, cannot be traced to any specific location is also true. Four line items at the rate of N500 million each are in the budget without any specific location.
However, the problem is not just the lack of specific locations of the projects, there appears to be intent to commit fraud. These same projects in the National Horticulture Research Institute, Ibadan were also dumped in the budget of the Nigerian Institute of Oceanography and Marine Research. It has the same amounts and the same project titles.
These projects were not in the original budget submitted by the president. They were included by the lawmakers.

Most of the projects flagged by Mr Ningi checked out following an investigation by PREMIUM TIMES. However, the lawmaker only scratched the surface, as a deeper search showed that many more projects were dumped by the lawmakers.

Budget Padding vs Constituency Projects

The emergence of the phrase “budget padding” into Nigeria’s political lexicon could be traced to 2016, when Abdulmummin Jibrin, the then chairperson of the House of Representatives Committee on Appropriations, accused the then Speaker, Yakubu Dogara, and some principal officers of the House of padding the budget of the House with projects. Amid that scandal, Mr Jibrin was suspended by the House.
However, controversies over the insertion of projects into the budget could be traced to the beginning of this Fourth Republic.
Lawmakers have always maintained that they reserve the power to insert projects into the proposed budgets.”

PRESIDENTIAL SYSTEM OF GOVERNMENT IN NIGERIA IS A FRAUD! THE POLITICIANS (EXCEPT FOR A SPINELESS MINORITY FEW) ARE FRAUDSTERS!
CITIZENS DO NOT NEED AN ANGEL OF THE LORD TO COMMAND THEM TO DEMAND FOR THE GRASSROOT UNICAMERAL (ONE HOUSE) COSTLESS SYSTEM OF GOVERNMENT NOW!
JOIN THE MOVING CAMPAIGN TRAIN WHICH HAS GATHERED MOMENTUM ACROSS ALL POLITICAL DIVIDE NOW!

PARLIAMENTARY SYSTEM FOR NIGERIA IS NOW - NOT 2031! AMEN, AMEN, AMEN.



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsPolitical Charlatans Are The Criminals In Nigeria! by z07ion(op): 11:27pm On Mar 16, 2024
Nigeria has been beguiled by a deficit of true political leadership because all those who had ascended to positions of power and authority succeeded not through relevant experiences or educational qualifications but by sheer guts of inordinate ambitions!

Political ascendancy at all levels from Independence to date had been a process of unclassified leadership struggle without articulate direction or road maps!
Genuinely-interested leaders have never made it to the presidency, governorship or local government positions at the grassroots because their primary motivation was for personal gains/aggrandizement which is at variance with the DOCTRINE OF MODERN POLITICS!

WHO ARE THE CHARLATANS?

They are the Hustlers, Leaches, Fraudulent, Fakes, Pretenders Tricksters, Sham, Ticks...etc.

Classification:
1) Raw village boys/girls who were restricted to the rural barbaric environment culture without any form of worldview.
2) Hustlers and adventurists who ventured out to seek better existence in nearby towns that hardly experienced any form of civilization: and devoid of socio-economic manifestation - like public water system, sewage facilities, health institutions except local clinics scarcely with drugs; without any planned or sustained primary/secondary education program!
3) Opportunists: Half-baked Village Primary/Secondary School Leavers – employed by the Local Government Area (LGA) authority and in spite of crude mentalities discovered that Nigerian Politics was" A MINEFIELD OF MASSIVE CORRUPTION to be harnessed!

At independence both Alhaji Tafawa Balewa, the First Prime Minister and Dr. Nnamdi Azikiwe the ceremonial President were educated and could be classified as potential leaders but did they possess requisite knowledge of modern politics?
Following the 1966 military coup, a mixture of local and foreign-trained soldiers took over the mantle, accused the leadership of institutional corruption, tribalism, nepotism, flamboyant lifestyle etc, and brought the nation into political turmoil!

NB: Charlatans have over the years from post-military era to date have perfected their craftsmanship and outsmarted the thoroughly educated elite (who should have known better that politics in Nigeria would not have been discarded as A DIRTY GAME IF THEY HAD NOT ABSTAINED! The Charlatans now drive most expensive vehicles on the highway, state-of-the-art aircrafts and choppers, enjoy the luxury of the best Fire Star Hotels all over the world at the expense of the virtuous, faultless, impeccable, immaculate, highly-educated Nigerian elites WHO WOULD NOT TOUCH POLITICS WITH A LONG POLE!

POLITICS DOES NOT NEED BARREL OF GUNS TO THRIVE!

What is politics in simple words?
Politics is the way that people living in groups make decisions. Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.
From the inception of the contraption called Nigeria, the meaning of politics was turned upside down.
Politics means opportunity to steal all available funds at all levels of governments among survival of the fittest and wait for "Heaven to fall"!

According to Section 13; 14(1-4):
Fundamental Objectives and Directive Principles of State Policy of the 1999 Constitution of the Federal Republic of Nigeria

13. "It shall be the duty and responsibility of all organs of government, and of all authorities and persons, exercising legislative, executive or judicial powers, to conform to, observe and apply the provisions of this Chapter of this Constitution.
14. (1) The Federal Republic of Nigeria shall be a State based on the principles of democracy and social justice.
(2) It is hereby, accordingly, declared that:
(a) sovereignty belongs to the people of Nigeria from whom government through this Constitution derives all its powers and authority;
(b) the security and welfare of the people shall be the primary purpose of government: and
(c) the participation by the people in their government shall be ensured in accordance with the provisions of this Constitution.

(3) The composition of the Government of the Federation or any of its agencies and the conduct of its affairs shall be carried out in such a manner as to reflect the federal character of Nigeria and the need to promote national unity, and also to command national loyalty, thereby ensuring that there shall be no predominance of persons from a few State or from a few ethnic or other sectional groups in that Government or in any of its agencies.
(4) The composition of the Government of a State, a local government council, or any of the agencies of such Government or council, and the conduct of the affairs of the Government or council or such agencies shall be carried out in such manner as to recognise the diversity of the people within its area of authority."

CROOKED NIGERIANS HAVE CELEBRATED CHARLATANS FROM OLUSEGUN OBASANJO TO AHMED BOLA TINUBU WHILE THE SOVEREIGN CITIZENS HAVE BEEN POLITICALLY SIDELINED!
We of this Editorial Board have categorically stated that presidential system of government in a development nation like Nigeria is ANATHEMA!
AND WE HAVE BEEN PROVED RIGHT BECAUSE Nigeria HAS BECOME A BANKRUPT NATION! Nigeria’s total public debt reached NGN87.91 trillion naira by the end of Quarter 3 of 2023 according to statistics from the Debt Management Office (DMO)!
The few Charlatans that enjoy the PERKS OF OFFICE have continued to lavish the scarce resources of the Nation by borrowing more to satiate their penchant for luxury in office; BUT MUST THEY GET AWAY WITH BLUE MURDER?

WAS IT NOT HIGH TIME FOR THE CITIZENS TO DEMAND FOR PAYMENT OF ALL LOANS (LOCAL& INTERNATIONAL), TO BE OFFSET THROUGH SALES OF LUXURY NATIONAL ASSETS BEING EXCLUSIVELY ENJOYED BY THESE CHARLATANS?

(1) THE PRESIDENTIAL FLEET MUST BE SOLD TO PAY OFF NIGERIA DEBTS!

Erstwhile President of Nigeria Muhammadu Buhari promised to cut wastages in government by selling off some of the official 10 Presidential Air Fleet but SPENT UP TO 41.9 BILLION NAIRA ON THE FLEET BEFORE HE DEPARTED OFFICE, (2015-2023), contrary to his 2015 presidential election campaigns promises to reduce waste in governance by downsizing the fleet. As of October 2016, when his government last made a public inventory of the PAF, the fleet included 10 aircraft, namely one Boeing Business Jet (or Air Force One) 737, one Gulfstream G550, one Gulfstream G500, one Hawker 4000, two Falcon 7X, two AgustaWestland AW139 helicopters, and two AgustaWestland AW101 helicopters which upkeep increased by 243% in six years!
After taking office on May 29, 2015, the 2016 Appropriation Act signed by Buhari allocated N3.652bn for the upkeep of the presidential fleet. In 2017, the cost of maintenance of the presidential aircraft rose to N4.37bn (19.6 per cent). The figure then skyrocketed to N7.260bn (98.7 per cent) in 2018. In 2019, the cost of maintaining the PAF again rose to N7.297bn (99.6 per cent). The allocation, however, fell to N6.793bn (86 per cent) in 2020. But in 2021, the budget for the presidential fleet saw its sharpest Buhari-era jump to N12.550bn (243.6 per cent). The combined estimated value of Nigeria’s PAF is $347.4m (N142.96bn) and funding increased to N81bn under Buhari!
(2) ALL ABANDONED FEDERAL AND STATES INSTITUTIONAL EDIFICES AND STRUCTURES IN THE COMMERCIAL CITY OF LAGOS SHOULD BE PUBLICLY AUCTIONED AND SOLD TO THE PRIVATE SECTOR!

(3) THE FOUR REFINERIES SHOULD BE THOROUGHLY REPAIRED, REFURBISHED AND SOLD TO THE PRIVATE SECTOR FOR OPTIMUM GAIN TO OFFSET THE NATIONAL DEBTS.

Mr. President Tinubu has the option to fly in his private jets like other billionaires in his government or go COMMERCIAL!

BOLA TINUBU PROMISED TO CONTINUE THE LEGACY OF HIS PREDECESSOR!

Tinubu cannot and must not continue to go down the PRECIPICE that will take the nation deeper into further debts through prodigal expenses! For the UMPTEENTH TIME, We advise that he should champion the POPULAR DEMAND FOR A UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH REFERENDUM AND SAVE HIMSELF FROM FURTHER EMBARRASSMENT AND DISGRACE OUT OF OFFICE!

A Word is sufficient for the wise!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsNigeria Must Join The Brics! by z07ion(op): 10:30pm On Mar 09, 2024
China remains the biggest International trade partner with Nigeria.
In 2018 there was a three-year bilateral trade agreement between Nigerian and China in respect of currency swap deal which allowed for both countries use their national currencies to purchase goods and services from their respective countries for economic gains.

In 2021 the three-year agreement was renewed for another 3 years which should terminate in 2024. But Nigeria has not taken the swap currency deal with much seriousness because virtually everything in respect of its economy has been dollarized!

As at March 2024, $1 US Dollar exchanged for NGN1, 600 naira which is a most outrageous exchange that has ever been experienced in Nigeria's economic transactions due to policy blunders by Mr Bola Ahmed Tinubu who committed economic atrocities when he unilaterally remove fuel subsidy without placing any form of palliative in place!
He went further to merge official and bureau de change forex market figures and also floated the naira for its value to be decided by market forces.
And in spite of all the blunders he became so extravagant in government by appointing 48 ministers an uncountable advisors into an economy that is virtually comatose.

He imported not less than 1,000 exotic special utility vehicles (SUVs) at unit cost of NGN 160 million naira each for the legislators the executive, the Judiciary and Ministries, Department and Agencies.
As at the time of this publication Mr. Tinubu was in DOHA, QATAR ON A STATE VISIT with an entourage of about 36 people including his two sons!
According to media reports, he has set up an Economic Advisory Committee just to assuage public outcry against his policy somersaults.

BUT JUST LIKE HIS PREDECESSOR IN OFFICE, NIGERIA WOULD RATHER DANCE TO THE TUNE OF IMF AND WORLD BANK DOLLARS LOANS WITH EXCRUCIATING INTERESTS RATHER THAN TRADE IN LOCAL CURRENCIES THAT WOULD CATER FOR THE SOCIO-ECONOMIC AND WELFARE DIVIDENDS FOR ITS CITIZENS ACCORDING TO SECTION 16 OF THE 1999 CONSTITUTION OF THE FEDERAL REPUBLIC OF NIGERIA!
Human rights lawyer and activist Femi Falana (SAN) has taken up The Gauntlet against Bola tinubu's administration and has asked why Nigeria would continue to trade in $US DOLLARS instead of taking advantage of joining BRICS other comprising of Brazil, Russia, India, China and South Africa who all agreed to trade with their nations currencies for greater gains and to minimize extravagant costs of good and services to the economic advantage of their citizens!

The currency swap deal with China will terminate this 2024 and from all indications all trade transactions with China would exchange for the dollars as the naira has become a worthless paper at NGN1, 600 naira in exchange for $1US dollar.
Mr Femi Falana reiterated that the Nigeria's currency swap deal with China was still valid but he did not consider the fact that Nigeria's naira was actually worthless paper!

According to The Cable, published 28th August 2023, The Central Bank of Nigeria (CBN) says its bilateral currency swap agreement with China was renewed after the expiration of the deal in 2021.
"The apex bank released the details of the 2018 currency swap agreement with Peoples Bank of China (PBoC) in a freedom of information (FOI) request sent by Femi Falana, a human rights lawyer.
BACKGROUND
"In May 2018, CBN and PBoC signed a currency swap deal valued at renminbi (RMB) 16 billion (about $2.5 billion).
"The swap deal was signed by Godwin Emefiele, the suspended CBN governor, and Yi Gang, the former PBoC governor.
"The deal was designed to provide the Chinese and Nigerian currencies directly to industrialists and other businesses from both countries.

“This agreement will provide naira liquidity to Chinese businesses and provide RMB liquidity to Nigerian businesses respectively, thereby improving the speed, convenience, and volume of transactions between the two countries,” CBN had said after the signing of the deal.
"In June 2023, Falana sent an FOI request to the CBN to disclose the details of the currency swap agreement.
CBN’S RESPONSE
"In a response to Falana’s request, the apex bank said the swap deal, which commenced in July 2018, is renewable every three years, adding that the agreement was renewed after it expired in April 2021.
"The CBN disclosed that the sum of 15 billion Chinese yuan renminbi (CNY) was the “amount usable within the year”.
"The financial regulator said since the renewal of the deal, nine billion yuan have been “drawn”, six billion yuan utilised, while the sum of three billion yuan is outstanding.
"According to the bank, out of the six billion yuan utilised, the sum of 5.10 billion yuan had been repaid, while 2.10 billion yuan had not been utilised.
“The swap commenced in July 2018, expired in April 2021, and was subsequently renewed. The sum of CNY 15.00 billion was the overdraft amount usable within the year,” the apex bank disclosed this in a response dated August 8, 2023.
“Since its renewal, CNY9.00 billion had been drawn, CNY6.00 billion utilized and CNY3.00 billion outstanding, and out of the CNY6.00 billion utilized, the sum of CNY5.10 billion had been repaid, while the sum of CNY2.10 billion had not been utilized, leaving the sum of CNY900.00 million yet to be repaid. Furthermore, the next renewal is expected to take place in 2024.”

FALANA ASKS NIGERIANS TO TRANSACT BUSINESS WITH CHINESE PEOPLE IN NAIRA

"Commenting on the development, Falana claimed that despite the currency swap agreement, the federal and state governments, and business community have been “prevented from transacting business in naira and yuan”.
“The swap was also designed to improve the speed, convenience, and volume of transactions between the two countries. But the International Monetary Fund and the World Bank, which superintend the Central Bank of Nigeria, have colluded with the Central Bank of Nigeria to frustrate the currency swap.
“The purpose of the economic sabotage is to promote the dominance of the United States Dollar in Nigeria. Hence, the federal government, state governments, and the business community have been prevented from transacting business in Naira and Yuan. Thus, by compelling Nigerians to pay dollars for goods imported from China, the Central Bank has continued to promote the unwarranted dollarisation of the Nigerian economy.”
"The human rights lawyer asked Nigerians to use naira as payment for goods imported from China."

TINUBU MUST BE AFRAID OF HIS SHADOW!

The people of Nigeria are HUNGRY AND ANGRY! Tinubu MUST SHIP IN! There's no middle course for him now than actualize the unicameral parliamentary system of government!
A developing Nation like Nigeria CANNOT THRIVE in an expensive Presidential atmosphere!
In 2012 TINUBU protested with other activists when fuel subsidy was to be removed by the government GOODLUCK JONATHAN!

The option open to him to salvage whatever remained of his dented image is to champion and sponsor an executive bill for a REFERENDUM to establish a UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT in Nigeria so that maybe posterity will reluctantly forgive him and is cabal for the grievous pains they have caused all citizens.
THE DAY OF DIVINE VISITATION IS CLOSER THAN MR TINUBU THINKS!
"He that refuseth instruction despiseth his own soul: but he that heareth reproof getteth understanding" (Proverbs 15:32.)


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
Christianity EtcExit Of Procter And Gamble (p&g) From Nigeria - An Act Of God! by z07ion(op): 9:34pm On Mar 02, 2024
PREAMBLE:

The Christian Community in Nigeria of the '90s became inundated with the news that products of a Foreign Manufacturing Company PROCTER AND GAMBLE (P&G), which majored in the sales and distribution of household/domestic needs - toiletries, sanitary pads for women and pampers as children protective underpants - were in actual fact a grand initiation to global Satanic Occultism! It was also massively publicised towards the approach into the new Century Year 2,000 that the company's International Chairman, a high-ranking member of “THE CHURCH OF SATAN” in the United States of America (USA), boasted that he would always make huge global profits without CHRISTIANS’ PATRONAGE! As a result, Nigerian Christians boycotted all P&G products nation-wide to date! Although the management of P&G had continuously denied the allegations, they need to answer the following questions in respect of their BUSINESS OPERATIONS OF THE PAST 30 YEARS BEFORE EXIT.

1. According to available facts, Nigerian P&G Staff (about 5,000), were hired on fulfilment of oath of secrecy and allegiance to comply with all instructions from their local bosses!
2. Staff (mostly women), worked under very tedious and harsh conditions with barely any financial benefits to show for their labour!
3. Large polythene bags were provided for them to carry on their shoulders like scavengers, children/ladies body pampers for "FREE DISTRIBUTION" at designated Hospitals and Primary Health Care Centres – though other products – tooth paste, soaps etc were marketed at exorbitant prices!
4. No provisions for official company transportation except for pro rata paltry allowances added to their monthly income which was less than approved workers national wage of their Host Country.
5. These Staff collect all confidential/personal data - from nursing mothers eg. names, ages, homes addresses/hometowns, nativity, workplaces, vocations/employments, home addresses, phone numbers, husbands names, employment etc, before collecting the UNDERWEAR ITEMS!
6. These data are religiously collected and forwarded to their HEADQUARTERS IN THE USA on monthly basis!
7. For what intentions and purposes were those data collected if not for diabolical uses?
8. Why has the Infant/Maternal mortality rate in Nigeria always been on the high side for decades while P&G held sway in Nigeria?

Please find below a 1985 article of denial of their Satanic Involvements:

PROCTER & GAMBLE FIGHTS SATAN STORY .
By Lisa Belkin, April 18, 1985. Credit...The New York Times Archives.

“LEAFLETS charging that the Procter & Gamble Company is an agent of Satan have recently surfaced throughout the New York metropolitan area and the company is starting a campaign to counteract the rumors. Among other things, the leaflets say that the company's logo represents the Devil and the company's profits are used to support the worship of Satan.
“Yesterday, Procter & Gamble held a news conference to deny the stories, which it said prompted 5,600 calls last month and 4,000 calls so far this month to its headquarters in Cincinnati. Sixty percent of those calls were from New York, New Jersey or Pennsylvania, the company said. The company has established a toll- free number, 800-354-0508, to handle the calls. It has also hired two investigative agencies to trace the rumours and take legal action against the people who spread them. ''They simply are not true,'' W. Wallace Abbott, a senior vice president of Procter & Gamble, said of the stories. ''We haven't the vaguest idea how it started; all we know is people are believing it. Do you know how hard it is to fight a rumor?''
“This is not the first time Procter & Gamble has waged such a fight. The rumors linking the company with the Devil first began on the West Coast in 1982. Someone, Mr. Abbott said the company has no idea who, began sending mimeographed letters to thousands of California residents saying that the Procter & Gamble logo of the man in the moon and 13 stars was really a symbol of Devil worship.
In June and July 1982, the company received 15,000 calls and letters from people, many of whom had seen leaflets addressed to ''all Christians.'' Thank you for your patience while we verify access.”

THE FOLLOWING IS MEDIA REPORT BY BUSINESS DAY IN RESPECT OF P&G EXIT FROM NIGERIA: “P&G Nigeria Exit Ends 5000 Jobs!” December 7, 2023

The exit of Procter & Gamble (P&G), a multinational consumer goods company in Nigeria, could result in a loss of over 5,000 jobs and a major decline in foreign investments into Africa’s most populous nation. This comes after GlaxoSmithKline Consumer Nigeria, another multinational announced plans in August to exit the country after 51 years of operations.
“The impact of the market on the company’s overall net worth is due to two key factors – intensified competition within the industry and a declining consumer purchasing power,” Muda Yusuf, chief operating officer of the Centre for the Promotion of Private Enterprise (CPPE), told Business Day on Wednesday. He added that the recent devaluation of the naira poses significant challenges for any business with substantial foreign exchange exposure, highlighting the current reality of the Nigerian market.
“Businesses with foreign exchange exposure are struggling.”
On Wednesday, P&G which has been operating in the country for more than 30 years, said it plans to transit the Nigerian operations to an import-only model, effectively dissolving its on-ground presence in the country based on unfavourable macroeconomic conditions.

“We’ve announced that we will turn Nigeria into an import-only market, effectively dissolving our footprint on the ground in Nigeria and reverting to an import-only model,” Andre Schulten, chief financial officer at P&G said. He added that the other reality that arises in some of these markets is that it gets increasingly difficult to operate and create U.S. dollar value. “So, when you think about places like Nigeria and Argentina, it is difficult for us to operate because of the macroeconomic environment.”

The firm, makers of Always, Ariel soap, and Oral B toothpaste has invested millions of dollars in the manufacturing sector. The biggest of such investment was the completion of the ultra-modern $300 million plant at Agbara, Ogun State in 2017. During the 2017 plant launch, it provided over 5,000 jobs directly and indirectly through its offices, suppliers and distributors and created over 200 SME jobs. However, one year later, it shut down the plant, citing restructuring of operations as its main reason. The plant was arguably the largest single investment by a non-oil firm in Nigeria and was expected to boost job creation and help improve the socio-economic state of its host community.
Schulten of P&G noted that Nigeria is a $50 million net sales business compared to its overall portfolio worth $85 billion, the company does not anticipate any material impact on the group’s balance sheet from a sales or profitability standpoint. “Approximately 14 years ago, or possibly earlier, the company had actively sought engagement with NNPC on Nigeria’s gas master plan during Jonathan and Deziani’s tenure as petroleum minister.”

The source added that P&G aimed to co-invest $2 billion with their raw material suppliers, gas converters. “The goal was to produce essential materials for their manufacturing plants, leading to the creation of numerous well-paying jobs. The plan envisioned exporting these raw materials to P&G plants in Africa and selected parts of the Middle East, however, it never saw daylight.”

P&G LIES HAVE EXPIRED AT LAST IN NIGERIA!

Why would a foreign company demand for women, children and family data in exchange for free underpants which are the closest to body parts and for what purposes were they forwarded to the headquarters in the United States if not for DIABOLICAL BLOOD RITUALS!

We thank God that Christians boycotted and prayed against the pseudo philanthropy of the foreign company until divine victory was achieved! THIS FOREIGN FOX IN SHEEP CLOTHING HAD BEEN RESPONSIBLE FOR ASTRONOMICAL INCREASE IN INFANT AND MATERNAL RATES ACROSS NIGERIA IN THREE DECADES! IT’S GOOD RIDDANCE TO BAD RUBBISH!
Definitely, THIS IS AN ACT OF GOD! TO HIM BE GLORY FOR EVER AND EVER!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]


I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsNigerian Legislators Must Support Parliamentary System Of Government! by z07ion(op): 7:07pm On Feb 24, 2024
469 NIGERIAN LEGISLATORS MUST SUPPORT PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH REFERENDUM NOW!

The Nigerian Electorate can no longer be fooled with the worthless Nigerian Naira Currency with which the current politicians bribed their ways into various government positions at federal and sub- national levels during the 2023 General Elections which produced the most ridiculous set of opportunists the country has ever encountered!
Reason: President 'Bola Tinubu who bulldozed his way to Aso Rock with an humongous"yet-to-be-investigated-deep- pocket" has DOLLARISED THE NIGERIAN ECONOMY through gross incompetence in governance! In Nigeria, anti-corruption agencies DO NOT INVESTIGATE SOURCES OF CITIZENS SUDDEN WEALTH/OVERNIGHT RICHES! And now the Nigerian Currency had been devalued by the International Monetary Fund (IMF) and the World Bank both combined to force more foreign debts on nation's ailing and grounded economy!

ONE US$1 EXCHANGES FOR NGN1, 700 NAIRA - THE WORST MONETARY TRANSACTION ON PLANET EARTH!
As at Wednesday 14th February 2024:

* One measure of Rice sold for NGN2, 400 naira from NGN800 in May 2023!
* Beans - NGN1, 400. from NGN300 in May 2023.
*Packaged Gari (10) NGN7, 000 naira from NGN 2,300 in May 2023!
*Public Transportation due to high cost of PMS (Petrol), at NGN750 per litre had been responsible food inflation apart from unceasing acts of terrorism in UNGOVERNED SPACES in the country!
* In spite of Federal Government's ineffective directive on ELECTRICITY TARIFFS, unmetered consumers now pay NGN40,000 naira from NGN10,000 in May 2023! The list is endless!
QUESTION: HOW MUCH FOOD WILL THEIR BRIBE MONIES PUT ON 220 MILLION NIGERIANS TABLES?
FOR THE CORRUPT LEGISLATORS TO SUGGEST 2031 AS TRANSITION YEAR TO UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT IS GREAT INSULT TO THE CITIZENS WHO HAVE SUFFERED 63 YEARS OF HUMAN DEGRADATION FROM INHUMANE LEADERS!
THE CABLE on 14th February 2024, reported as follows:
60 REPS. SPONSOR BILL TO INTRODUCE PARLIAMENTARY SYSTEM, TARGET 2031 FOR IMPLEMENTATION.
"A bill seeking to introduce the parliamentary system of government to the country has passed the first reading at the house of representatives. The bill, which is sponsored by 60 lawmakers, was introduced during the plenary on Thursday 15th February, 2024 Nigeria currently practices a presidential system of government which allows for a direct election of the president. Under the parliamentary system, the legislature appoints a prime minister, with a less defined separation of powers.
The lawmakers said they target 2031 as the year for the transition to the parliamentary system.
Briefing journalists after plenary, the lawmakers said the “imperfections” of the presidential system of government have “become glaring” to all.
Abdulsamad Dasuki, a Peoples Democratic Party (PDP) member from Sokoto, who spoke on behalf of his colleagues, said the presidential system has “denied the nation the opportunity” of attaining its full potential.
“Among these imperfections are the high cost of governance, leaving fewer resources for crucial areas like infrastructure, education, and healthcare, and consequently hindering the nation’s development progress, and the excessive powers vested in the members of the executive, who are appointees and not directly accountable to the people,” Dasuki said. The lawmakers said they expect the bill to ignite, and provoke a national conversation about the future of the Nigerian governance system.
“To ensure robust public debates, stakeholder consultations, expert analyses, and a thorough and informed decision-making process, raise awareness about this significant development and encourage constructive dialogue on the potential implications of these proposed constitutional alterations,” they said.
“Our conviction is that a streamlined executive branch, which replaces the president and vice president with a prime minister and cabinet chosen from the legislature could lead to a smaller central government, reducing salaries and administrative expenses.
“We also hold strongly that shifting the election of governors and local government chairmen from the general election to votes within their respective legislative bodies could save billions spent on state and nationwide campaigns.”
A SIMILAR BILL WAS SPONSORED IN 2018 BUT DID NOT SCALE THROUGH IN THE CONSTITUTIONAL AMENDMENT PROCESS AT THE TIME.
IN THE INTERIM, TINUBU AND STATE GOVERNORS AGREE TO FLY ANOTHER KITE ON ESTABLISHMENT OF STATE POLICE?

According to Media report from CHANNELS TV there have been clamour for state police as Nigeria grapples with worsening security challenges such as kidnapping and banditry. Worried by the security challenges in the country, the Federal Government and state governors are considering the creation of state police.

This was part of deliberations between President Bola Tinubu and state governors at the Presidential Villa in Abuja on Thursday 15th February 2024.
While briefing journalists after the meeting, the Minister of Information and National Orientation, Mohammed Idris, explained that the process is still in its infancy and would only take shape after more deliberations between stakeholders.
“Now, there is also a discussion around the issue of state police. The Federal Government and the state governments are mulling the possibility of setting up state police,” he said. “Of course, this is still going to be further discussed. A lot of work has to be done in that direction. Both the Federal Government and the state governments agree on the necessity of having state police. Now this is a significant shift. But as I said, more work needs to be done in that direction.
“A lot of meetings will have to happen between the Federal Government and the sub-nationals to see the modalities of achieving this. Now, these are some of the issues that have been discussed.”


Quest For State Police

There have been clamour for state police as Nigeria grapples with worsening security challenges such as kidnapping and banditry.
Governors elected on the platform of the Peoples Democratic Party (PDP) had on Monday restated their position on state policing, as the solution to the country’s worsening security situation, lamenting that Nigeria is “almost on the road to Venezuela”.
Also, regional socio-political groups such as Afenifere, Ohanaeze Ndigbo, Middle Belt Forum, and the Northern Elders’ Forum, have repeatedly called for state police as solution the myriad of increasing security challenges confronting the nation.
Already, states in the South-West geopolitical zone have formed the Amotekun while their counterparts in the South-East also created state-owned security outfit Ebube Agu. The Benue Guards has also been operational in Benue State in the North Central while states like Katsina, Zamfara and other bandit-prone sub-nationals have also come up with similar state-established outfits.
However, these outfits have not been effective as anticipated as they don’t have the backing of the Federal Government or the Presidency while states continue to demand that Amotekun, Ebube Agu and others are granted license to bear assault rifles like AK-47 to confront lethal gun-toting marauders.


2014 NATIONAL CONFERENCE RECOMMENDATIONS IN RETROSPECT?

President Bola Tinubu and his collaborators/cabal in government were alive in 2014 when the National Conference was convoked and it's recommendations applauded by all citizens for implementation.
Ten (10) years on they now want to deceive the citizens again by pretending to review just one aspect in respect of State Police for consideration.
Nigerians are no longer fools. According to their discussions which are at the infant stage, they hope to perpetrate themselves in office until 2031 when Bola Tinubu would have completed EIGHT YEARS IN OFFICE? That Will Not Happen!
DID THEY FACTOR THE ALMIGHTY GOD INTO THIS EQUATION? NO!
"Thus saith Lord, you have sown the wind and will surely reap the whirlwind; your evil plan to further subject My Children to sufferings will boomerang against you!
MY WILL FOR A UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT IN NIGERIA IS NOW AND SACROSANCT!
Obey the Lord and live or disobey and perish! A word is sufficient for the Wise!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsNigerian Project Is Neither Football Gamble nor "Awalokan!" by z07ion(op): 9:43pm On Feb 17, 2024
On his departure to France for, "a private visit", on Wednesday 24th January 2024, a third set of about 100 innocent Nigerians were murdered in cold blood in Mangu, Plateau State but President Bola Tinubu, neither cancelled his trip nor consoled the victims' family like on earlier occasions!
Plateau alone accounted for not less than 500 deaths in an overall figure of over 2,423 deaths and ,1872 abductions in eight months of the President's tenure who returned after playing the fiddle for 13 days in a foreign country to solicit for citizens' patriotism through actualizing words of National Pledge from a very traumatised people!

In a Media report released on 8th February 2024, Sahara Reporters, Special Adviser to the President (Media & Publicity), said this would ensure “absolute respect for the national symbols, strengthen allegiance and fidelity to country, and to preserve Nigeria's ethos and defining character.”
“President Bola Tinubu has directed the mandatory recitation of the National Pledge after the National Anthem at every official and public engagement.”
The release said the President emphasised the imperativeness of respecting national values, promoting the nation's ideals, and abiding by its established norms.
"Before I left home this morning, I asked for a printout of the National Pledge, and we have to relaunch it again at this event. The relaunch is about being committed to the values, greatness, and hope of our country.

“It is our pledge to Nigeria, our country, to be faithful, loyal, and honest. To serve Nigeria with all your strength – we saw it on the field of play yesterday. We were all rejoicing. Everyone one of us loves victory. We love to win. When you are positive and you are hopeful, Nigeria is winning.
"We did not say it will be Eldorado and smooth all the way. But we are confident that this country will excel in all ramifications. We will defend our unity and uphold Nigeria's glory in every way possible because we are Nigerians, and we have no other country," President Tinubu was quoted, according to the release.

WILL COMPULSORY RECITATION OF NATIONAL PLEDGE/ ANTHEM SOLVE NIGERIA'S INSECURITY?

Should the President of the Association of Politically Corrupt (APC), and his heartless cabal continue to play on the collective intelligence of very sane, articulate, intelligent and cerebral Nigerians in this manner?
Tinubu and his cohorts are insensitive to the plight of Nigerians who are at the mercy of terrorists, kidnappers that have overwhelmed security architecture across the country including the Federal Capital Territory (FCT), due to inadequate contingency plans and sophisticated fire power!
* Who should be more compliant to the ethics of National Pledge/Anthem if not the rogues and vultures in the Three Tiers and their surrogates in the Ministries, Departments, Agencies (MDAs) including the various Government Parastatals (conduit pipes for siphoning the nation's reasources - both monetary and fiscal from the system!
* Are they faithful. Loyal and Honest?
Tinubu represents the iconic figure that dubious politicians would fall over to support in government.
* What is the meaning of Mandatory recitation of National Anthem/Pledge which could not provide daily bread on the CITIZENS TABLES?
* A piece of paper which Tinubu himself discarded on the unfortunate and unfaithful day of his inauguration 29th May 2023, when he unilaterally declared removal of THE CONTROVERSIAL FUEL SUBSIDY without a Cabinet to advise him?
* Is he loyal to the Citizens - due to his policy on the FOREX MERGER - which has DOLLARIZED the Economy and virtually reduced the Nigerian Naira to a very worthless currency?
* Has he loyally and publicly DECLARED HIS ASSETS/LIABILITIES?
* Has he ever been honest from 1999 when he returned from self-exile to take up political appointment as Governor of Lagos State?
* How did Tinubu amass his stupendous and humongous wealth in billions of Dollars?
* Who owns ALPHA BETA, an official tax collector agency for Lagos Government since his tenure ,1999-2007, to date?
* Was Tinubu honest when he travelled abroad severally for medical treatment which were dubbed as official or private visits?
* Is it a sin for Tinubu to be sick as a human being? Can lies keep him alive if it was time to go?
* Would he carry the presidency title to the grave having refused to hand over to his Vice as required by the military constitution?
* How could he quickly forget the Doctrine of Necessity which was invoked when UMARU MUSA YAR'ARDUA of blessed memory passed on suddenly?
* "Cowards die many times before their death. The valiant never tastes of death but once..….!" (Courtesy William Shakespeare's "Julius Caesar"wink. In spite of his dubious antecedents in academic qualifications and alleged involvement in drugs trafficking in and out of government, they have all clung to his unpopular/unacceptable administration like sugar ants and chanting that on "His Mandate They Would Stand", in order to perpetrate, "Treasury Looting"!

NIGERIA IS NOT FOR SALE TO UNDERTAKERS!

A Coalition of Civil Society Organisations (CSOs) under the auspices of the Civil Society Joint Action Group has stated that at least 2,423 people have been killed, while 1,872 were abducted within eight months of the President Bola Tinubu’s administration.
According to Sahara Reporters:
"The Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani revealed this while addressing a press conference on Monday 29th January 2024 in Abuja on behalf of the coalition, urging the President to declare a state of emergency on the current security situation in the country.
He added that there should be a timeline that the president would give to the security agencies to tackle insecurity, necessitating their call for a declaration of a state of emergency on kidnapping and other forms of terrorism.
He said, “Civil Society Organisations in Nigeria under the auspices of the Civil Society Joint Action Group, Community of Practice Against Mass Atrocities, and Nigeria Mourns, are deeply concerned by the deteriorating state of security across Nigeria and its Federal Capital Territory, Abuja, and therefore call on the Nigerian government to take actionable steps to end the endemic insecurity, mitigate further attacks by kidnap syndicates and terrorist groups, and, account for persons missing in these attacks.

“Mass atrocities fatality tracking across the country by Nigeria Mourns reveals that in President Buhari’s second term alone (2019 to 2023), after Buhari as a former military general, gained public trust to run as president by promising to curb the then fledgling insecurity, at least 24,816 Nigerians lost their lives, and at least 15,597 persons were abducted.
“This alarming trend has continued despite President Tinubu’s assurance at the beginning of his presidency in May 2023 to tackle insecurity. It has now been eight months since President Tinubu took his oath of office and yet, things have failed to improve. Our tracking shows at least 2,423 people have been killed in mass atrocities-related incidents and at least 1,872 persons were abducted since the beginning of President Tinubu’s administration till January 26, 2024.
“We are particularly concerned about the upsurge in abductions, noting that at least 230 incidents, in most of which multiple victims were involved, occurred within the first two weeks of January 2024 alone.”
Rafsanjani said over the past decade and a half, insecurity in Nigeria has spiralled due to a variety of violent phenomena, including but not limited to terrorist activities in the entire northern region, terror pillages otherwise known as banditry in the north-west, farmer-herder violence in the Middle Belt, including the Benue Valley, secessionist struggles in the south-east, piracy in the country's southern coast, inter-communal attacks, political violence, cult-gang
He stated that these forms of insecurity had jeopardised Nigerians' security and well-being and had worsened over time.

The coalition also called on President Tinubu to take urgent measures to address Nigeria's insecurity, including a state of emergency on kidnapping and terrorism. They also urge the government to fulfill its constitutional obligation to ensure the security and welfare of all citizens, as mandated in the Constitution.
They also challenged state governors in the North Central states, including Kaduna “to consider creating a unifying security structure within the confines of the law, just like their counterparts in the Southwest who established Amotekun to fight crimes and criminality in their region.”
An Improvised Explosive Device (IED) detonated by Boko Haram militants on the Pulka-Firgi Road in Gwoza local government area of Borno State murdered seven farmers in a commercial vehicle, prompting the outcry."

TINUBU AND HIS CABAL SHOULD REPENT QUICKLY BEFORE IT IS TOO LATE! THEY SHOULD DECLARE THEIR ASSETS, RETURN ALL LOOTED FUNDS TO OFFSET NIGERIA'S AVALANCHE OF WORLD-WIDE DEBTS AND DECLARE A REFERENDUM FOR UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT WITHOUT FURTHER DELAY!


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsNew Efcc Chairman Must Not Crash Like His Predecessors! by z07ion(op): 7:58pm On Feb 10, 2024
In a Three-point Agenda, the new Economic Financial and Crimes Commission (EFCC), Chairman Ola Olukoyede promised to engender the need for collective responsibility and commitment to solving financial crimes with the Citizens.

He would emphasize prevention of crimes by blocking leakages through Transactional Credit System rather than very costly enforcement options!
*And collaborate with the Third tier to ensure that adjudication of the Criminal Justice System worked seamlessly. During his confirmation screening by the Nigerian Senate on 19th October 2023, on 19th he disclosed that Section 6 of the EFCC Act emphasizes diligent focus on all issues relating to fraud management regulatory compliance: which should act as a driving force to economic development, create environment for transparency and accountability in all government activities and build international image for foreign direct investments. With not less than 10 year-working experience in the EFCC, WE believe that he would prove his mettle in probity, commitment, dedication and diligence. However WE must warn him against MEDIA TRIALS which was the modus operandi of his successors who all failed woefully!

Find below records of his achievements immediately he swung into action with his dedicated team sleuth hounds!

MEDIA REPORTS - DAILY POST & PUNCH. - EFCC RECOVERS N70BN WITHIN 100 DAYS [DETAILS].
Published on 3rd February 2024

The Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N70 billion within 100 days, between October 2023 and January 19, 2024.
Details of the recovery were outlined in an EFCC document titled, ‘Operations and Recoveries’.
The document revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period. Within the same period, the Commission said it received a total of 3,325 petitions, accepted 2,657 of them and secured the convictions of 747 persons for financial crimes, ranging from money laundering to internet fraud.
A breakdown of the data shows that the EFCC headquarters alone recovered N49,607,391,330.44, $3,900,200.75, £2000, and £110.

The Maiduguri Zonal Command recovered N58, 065,870 and $3,370. Gombe Command recovered N127, 323,028.50 and $1,500. Kano Command recovered N141, 944,451 and $365.
Makurdi Command recovered N53, 228, 325. Enugu Command recovered N202, 117,000 and $1,950. Uyo Command recovered N25, 299,950 and $710. Port Harcourt Zonal Command recovered N2, 412,247,210.05 and $5,714,389.21. Sokoto Command recovered the sum of N100, 696,118.72. Kaduna Command recovered N331, 494,710.81, $912, £50, and €1,610.
The Ilorin Command recovered N80, 280,580.86 and $880. Abuja Zonal Command recovered N825,928,463 and $10,000, while Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500. Lagos Zonal Command recovered N6, 826,993,798.78, $868,284.61, £147,672.10, and €1899.90. The EFCC, through its Benin Zonal Command, also recovered N49, 515,987.09 and $5,700."

PUNCH NEWSPAPER: PUBLISHED SUNDAY 4TH FEBRUARY 2024.

EFCC RECOVERS N30BN FROM HUMANITARIAN MINISTRY'S LOOTED FUNDS.

The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who spoke with our correspondent on Friday, said the commission had also uncovered over N500m from the scam associated with Umar-Farouk’s successor, Betta Edu, who was recently suspended by President Bola Tinubu.
Saturday PUNCH had in December reported that N37, 170,855,753.44 was transferred from government coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete. It was gathered on Friday that N30bn was recovered by the EFCC following the placement of a lien on the bank accounts of Umar-Farouq and Okwete, who are still being grilled by the anti-graft agency’s investigators.

The Agency is still grilling Edu in connection with an alleged N17bn fraud, while the suspended Coordinator of the National Social Investment Programme, Halima Shehu, is also still being questioned over an alleged N44bn fraud.

An EFCC source revealed, “The commission has now recovered over N30bn from the laundered N37.1bn that was linked to former minister Sadiya Umar-Farouq. We were able to recover the money after we placed liens on the bank accounts of the former minister and the contractor, Mr Okwete, who was linked to the fraud under probe. Both the minister and the contractor are still being grilled by our investigators daily.”

A senior EFCC investigator added, “We have uncovered another N17bn money laundering from the Ministry of Humanitarian Affairs, and for the alleged fraud linked to the suspended minister, Betta Edu, we have so far recovered over N500m. Edu is still answering questions about the fraud. “The NSIPA coordinator, Halima Shehu, is still being grilled over the N44bn fraud linked to her at the NSIPA; our investigators aren’t leaving any stone unturned.”
When contacted for comments on the development, the spokesperson for the EFCC, Dele Oyewale declined comments.


HISTORY OF EFCC

The Economic and Financial Crimes Commission, EFCC, was established by an Act of the National Assembly on 12th December, 2002 by the administration of President Olusegun Obasanjo. Following the appointment and confirmation by the Senate, of the pioneer Executive Chairman, Mallam Nuhu Ribadu and other administrative officers, the operational activities of the Commission commenced on April 13, 2003.
The establishment of the Commission was partly in response to pressure from the Financial Action Task Force (FATF) on Money Laundering, also known by its French name, Grouped'actionfinancière (GAFI).

GAFI is an intergovernmental organisation founded in 1989 on the initiative of the G7 (Group of Seven), an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America to develop policies to combat money laundering.

FATF had ranked Nigeria as one of the 23 countries that were non-cooperative in the combined efforts to fight money laundering globally. Due to identified inadequacies in the 2002 Establishment Act, the national Assembly repealed it and re-enacted the 2004 Establishment Act was signed into law on 4th June 2004 by President Obasanjo.

Mallam Ribadu, the pioneer chairman of the EFCC, was handed the monumental task to midwife the agency. Within a few months of its emergence on the scene, the Commission had forced itself into public consciousness having taken out of circulation all the 419 kingpins (419 in Nigerian parlance, means offenders whose crimes are contrary to Section 419 of the 1999 Constitution of the Federal Republic of Nigeria (as amended).

These where people hitherto considered untouchable. The Fred Ajuduas, the Emmanuel Nwudes, the Maurice Ibekwes, the Ade Bendels, the AmakaAnajembas and the NzeribeOkolis among many others were all arrested and prosecuted.

During his term, outside of the headquarters located in Abuja, the Lagos, Port Harcourt, Enugu, Kano and Gombe Commands were established each representing the geo-political zones of the country, for ease of operation. In December 2007, Ibrahim Lamorde, DIG, Retd took over the affairs of the Commission in acting capacity and in January 2008 Mrs. Farida Waziri, AIG Retd, was appointed by President Umaru Musa Yar’Adua as the Chairperson of the Commission. Lamorde handed over to Waziri on June 6, 2008 following her clearance and confirmation by the Senate in June 2008.

Following his appointment by President Goodluck Jonathan, Lamorde took over from Mrs. Waziri on November 23, 2011 in acting capacity. He was confirmed as substantive Chairman of the EFCC on February 15, 2012. On November 9, 2015, President Muhammadu Buhari replaced Lamorde with Ibrahim Magu as the acting EFCC chairman. In about five years at the helms of affairs, Magu established seven Commands and reopened the Maiduguri office earlier opened by Mrs. Farida but closed due to the activities of Boko Haram in the North East. The seven Commands were: Ibadan, Kaduna, Benin, Makurdi, Sokoto, Ilorin and Uyo. Mohammed Umar Abba, Deputy Commissioner of Police (DCP), on July 9, 2020 took over the affairs of the Commission on interim basis. Seven months after, on February 24, 2021, the Senate of the Federal Republic of Nigeria confirmed Abdulrasheed Bawa, CFE, CAMS, whose name was submitted by President Muhammadu Buhari as the substantive Executive Chairman of the Commission. Bawa took over from Umar Abba on 5th March, 2021.

“Following Wednesday, June 14, 2023, suspension of Mr. Abdulrasheed Bawa, as Executive Chairman by the Federal Government, Mr. Abdulkarim Chukkol stepped in as Acting Chairman of the Commission. Until this new role, Chukkol was the Director of Operations of the Commission.” The new Chairman who doubles as a PASTOR should be guided by the Scripture, ‘’……Not by might, nor by power, but by My Spirit says the LORD of Host’’ (Zech 4:6b).

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]





I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsAtiku's "Much Ado About Nothing - Or Something Stinking?" by z07ion(op): 7:11pm On Feb 03, 2024
Birds of a feather are better qualified to exposed the rot of corruption in the system especially when frustrated and completely shut out!
Former Vice President of Nigeria (1999-2007), Alhaji Atiku Abubakar is lamenting bitterly in respect of USD$3.3bn "Crude for Cash Loan Deal" brokered between NNPCL and Afriexim Bank since August 2023! In a very detailed query made public on his verified X handle (formerly Twitter), on Thursday 25th January 2024, the 77-year-old politician who finally lost his appeal against 'Bola Tinubu's choice as Nigeria's 16th President at the Supreme Court, declared that the entire deal was suspect and a humongous fraud!

Below are some excerpts from Atiku's lamentation as published on the SOCIAL MEDIA, LEADERSHIP AND THE CABLE:

NNPCL Deal: Repaying $3.3bn Loan With $12bn Crude Oil By Tinubu Gov’t Puzzling — Atiku
Former Vice President Atiku Abubakar has described as ‘confounding’ a $3.3 billion emergency crude repayment loan secured by the Nigerian National Petroleum Company Limited (NNPCL) and facilitated by African Export-Import Bank (Afrieximbank) in 2022.

LEADERSHIP reports that the landmark loan deal was sealed in the wake of the free fall of the local currency (Naira) against the United States Dollar and according to the NNPCL at the time, it was to help give support to the Naira and stabilise the Foreign Exchange market. Atiku claimed that the $3.3billion loan, with an interest rate of not more than 12%, will be repaid with the nation’s crude oil worth $12billion, hence the President Bola Tinubu administration owes Nigerians an explanation.

He also queried why the Federal Government would register a Special Purpose Vehicle (SPV) for the deal in the Bahamas, a country notorious for being a safe haven for illicit funds.
Atiku, therefore, demanded answers to the five posers on behalf of ordinary Nigerians.
The former VP wrote: “In what appears to be a landmark economic decision of the Bola Tinubu-led administration, the Federal Government last year, precisely on August 16, 2023 through the Nigeria National Petroleum Company (NNPC) secured a $3.3 billion emergency crude repayment loan, which according to the NNPC, was to help give support to the Naira and stabilize the Foreign Exchange market.

“The curious thing about this transaction is that up till now, the Federal Government continues to keep mum about it, and the only information available to the public on the mega deal is coming only through unofficial sources from the NNPC.
“According to information available, a Special Purpose Vehicle called Project Gazelle Funding Limited is driving the deal, and it was incorporated in the Bahamas.
“The SPV is the borrower while the NNPC is the sponsor, with an agreement to pay with crude oil to the SPV in order to liquidate the loan at an interest rate that is a little over 12 per cent.
“What is even more confounding about this deal is why the Federal Government would register a company in the Bahamas, knowing full well the recent scandal of the Paradise Papers that involved that country.
“Curiously also, Nigeria’s current Barrels Produced Daily (BPD) is 1.38 million, and according to the Project Gazelle deal, Nigeria is to supply 90,000 Barrels of its daily production, starting from 2024 till it is up to 164.25 million barrels for the repayment of the loan.
“Now, this is where the details get disturbing because Nigeria’s benchmark for the sale of crude per barrel in 2024 is $77.96. A simple multiplication of that figure by 164.25 will give us a whooping $12bn.
“It is on this note that we are calling on the Federal Government to speak up on this shady deal.

1) “Has the Federal Government accessed the loan?
2) “ Is the loan in the government’s borrowing plan as approved by the National Assembly?
3) “ Who are the parties to the loan, and what specific roles are they expected to play?
4) “ What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5) “ And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?”


AND PRONTO, ATIKU'S LAMENTATION WAS DISMISSED WITH A WAVE OF THE HAND BY THE RULING PARTY'S ALL PROGRESSIVES CONGRESS (APC), WHICH IS CURRENTLY IN THE DRIVER'S SEAT OF THE CORRUPTION SAGA!

You’re late to the party’ — Tinubu’s aide replies Atiku on $3.3bn NNPC loan.
Olusegun Dada, special assistant to President Bola Tinubu on social media, says Atiku Abubakar, a former vice-president, “fumbled the numbers” on the $3.3 billion emergency loan deal. On Thursday, Abubakar, who was the presidential candidate of the Peoples Democratic Party (PDP) asked the federal government to shed more light on the transaction.
Although the NNPC had published details of the loan in a recent document, titled, ‘Frequently Asked Questions (FAQs) – Project Gazelle’, the politician questioned why Project Gazelle Funding Limited — a special purpose vehicle (SPV) driving the deal — was incorporated in the Bahamas, a region he described as “a haven for financial secrecy”.

Responding in a post on X, Dada said Abubakar is “late to the party, as usual”, stating that the presidency had explained the deal to Nigerians.
“Project Gazzelle is such a straightforward deal that I do not expect Alhaji Atiku, who prides his whole political aspirations on being an economic reformer, to fumble the simple numbers behind it,” Dada posted.
“For record purposes and to save Alhaji from his self-imposed mystery, here are some explanations to his questions about the conditionalities of the loan in a simpler language.
“The facility is a forward sales agreement between NNPC limited and an SPV (the buyer) where a predetermined number of barrels of oil is sold in advance at an agreed price.
“⁠The sales allow the seller (NNPCLtd in this case) to use the received payment to solve critical and urgent problems with forex scarcity as the problem in Nigeria’s case.
“⁠A lower benchmark is usually adopted as a safe haven for the buyer (the SPV) as oil price tends to remain unstable most times.
“⁠For repayment, an eventual increase in oil prices will result in the SPV returning all excesses to the seller (NNPC Ltd) while the risk which could lead to a rearrangement of the terms is a significant decrease in the agreed price (this case $65 per barrel).
“Oil has been averaging $70-75 per barrel since the deal was agreed, and if things stay the same way, Nigeria will be getting refunds of excess amounts from the SPV once the payment is concluded.”
Dada said there is a big chance that the repayment will be concluded before the agreed time if oil prices continue to increase “as NNPCL had penned a 90,000 barrel per day which will eventually be calculated at the current prices”.

According to the presidential aide, repayment stops when “the agreed amount plus interest is fully paid and Nigeria may be liable to refunds were there to be excesses.”
Dada expressed hope that Abubakar “will allow the financial expert in charge of the country to continue devising innovative ways of funding our expenditures”.


THE MAN ATIKU ABUBAKAR AND HIS CULPABLE PARTY!

And whereas his Party the People's Democratic Party (PDP), could not function as credible opposition since 2015-2023 because it lacked credibility!
During its inglorious tenure of 16 years, 1999-2025, Nigeria was adjudged virtually year-on-year, through international socio-economic perception indexes as the most-corrupt/bankrupt, poverty-striken/capital, criminally-infested etc, etc, in the world!


IS THIS NOT A CLEAR SCENARIO OF DIGNITY AMONG THIEVES WHO ALL STINK?

THE ALL PROGRESSIVES CONGRESS is poised to be in government for 16 years just as the PDP. But the past 8 years and 7 months of the APC have been the continuation of UNABATED ROBBERY OF THE CITIZENS' COMMONWEALTH AND THIS IS NO LONGER ACCEPTABLE .
IT IS THEREFORE INCUMBENT ON THEM TO WHOM THE SOVEREIGNTY BELONGS TO DEMAND FOR A POPULAR REFERENDUM AND END THIS MADNESS ONCE AND FOR ALL THROUGH INTRODUCTION OF A UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT WITHOUT FURTHER DELAY!
"When the righteous are in authority the people rejoice. But when the wicked beareth rule the people mourn.(Proverbs 29:2)."

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, 08130669886, 08080243066. g-mail-dvdolufon@gmail.
PoliticsNigeria Security Forces Should Not Exhibit Weaponry To Terrorists! by z07ion(op): 2:29pm On Jan 27, 2024
It has become an acceptable norm/ practice among security forces in Nigeria to always parade men, officers and weaponry in a "show of force" with a view to convince citizens that they could always protect them in times of insecurity, civil unrest or crisis! Much publicity was given by the armed forces to the purchase of 12 Tucano Jets from the United States with USD$500 million dollars envisaged to combat Boko Haram terrorism, and banditry between 2021- 2023, but how many of the jets are left in the hangar now?

Rag-tag bandits have consistently claimed that they have been largely responsible for the crashes of 18 Nigerian Air Force aircrafts in Eight Years between 2016-2023!
According to Dataphyte, Nigeria lost NAF aircrafts worth USD$135.13 million dollars to crashes in six years!

DISCLOSURE OF SECURITY INFORMATION TO FIFTH COLUMNISTS IS THE CAUSE OF NATIONAL ECONOMIC FAILURES AND ABJECT POVERTY IN NIGERIA!

No country in the world can ever survive in socio-economic activities while insecurity thrives unabated! In a 21st century world where technology is deployed to eliminate terrorists or fifth columnists and counter both internal/external aggressions, the Nigerian uniformed personnel would match with full complement of their arsenal on the highways while bandits perpetrate havocs in the hinterlands!

Since the year 2009 Nigeria had been engaged in an unconventional war with the Islamic group Boko Haram which consecutive administrations dismissed as rag-tag army!
These groups have now metamorphosed into horrible monsters that are now recognized and classified as bandits, terrorists, kidnappers, gunmen, assassins - who "rightfully domicile un-governed spaces/areas which the "MANCHO" Nigerian Security Forces could not penetrate!

National Security Advisers/Security Chiefs in the past 14 years should all cover their faces in shame because they have no inclination of the terrible damage inflicted on the psyche of innocent Nigerians through their cluelessness in respect of security matters.

Farmers who could not pay taxes to the bandits did not live to tell their stories - they were all slaughtered like animals! Among the so-termed rag-tag insurgent groups are retired/dismissed angry security personnel who have joined to exploit the situation and get their pound-of-flesh!

ATTACK ON THE FEDERAL CAPITAL TERRITORY (FCT) SHOULD NOT BE TREATED WITH KID GLOVES LIKE OTHER TIMES!

In the year 2011 when the then Inspector General of Police Hafiz Ringim assumed office, he flippantly "off the cuff" said:" The days of Boko Haram are numbered. We will flush them out in no time", his entourage was breached, infiltrated by suicide bombers who attacked the LOUIS EDET'S FORCE HQ. ABUJA and almost succeeded in bringing down the entire edifice!

In 2014, the FCT was virtually under seige!
Several Churches were bombed in the satellite settlements with the worst hit, the densely populated NYANYAN MARKET which was bombed twice within 14 days!
The UNITED NATIONS BUILDING in Abuja was also bombed in that year, courtesy of retired/sacked/dismissed security personnel who master-minded those horrendous operations which took, hundreds of innocent lives into untimely graves!

NEW INSPECTOR GENERAL OF POLICE COULD HAVE KEPT HIS SECURITY STRATEGIES TO HIS CHEST!

REPORT FROM THE NEWS AGENCY OF NIGERIA (NAN), IS REPRODUCED BELOW:
Insecurity: IGP inaugurates Special Intervention Squad in FCT.
The IGP said the decision to set up the squad is to ensure that every corner of the FCT remains a haven for its inhabitants.

ByAgency Report: January 17, 2024

The Inspector-General of Police (IGP), Kayode Egbetokun, on Wednesday, inaugurated a Special Intervention Squad (SIS) in the Federal Capital Territory (FCT) to address the increasing rate of crime in the territory.
Speaking at the inauguration ceremony in Abuja, Mr Egbetokun said the squad was made up of trained, well-equipped and highly mobile police officers.
According to him, the squad possesses the capacity for rapid intervention and effective containment of significant security breaches like those currently threatening the suburb of the FCT.

He said the alarming rise in criminal activities, without equivocation, demanded immediate and resolute action from all.

“This initiative is not just born out of necessity, but out of foresight, diligent planning and commitment to enhancing the already robust security architecture of the FCT.
“The FCT remains a bastion of safety and an example of efficient urban security management and in our pursuit of excellence, we must proactively address even the slightest signs of potential threats.
“We are thus duty-bound to confront all challenges head-on to protect the lives and welfare of our citizens,” the IGP said.

He said the squad was envisioned to include a thousand personnel in each state with officers and men from each tactical unit of the force.
He said the squad would be supplemented by a formidable arsenal of operational assets, including sophisticated arms, drones, and vehicles.
“These assets, some of which are displayed here, are ready for deployment to counteract the security threats.
“This deployment symbolises our unwavering commitment to the safety and security of our people, sending a clear message that criminal elements will find no sanctuary within the FCT, and by extension, Nigeria.
“I wish to reiterate here that this operation is more than a mere response; it is a bold strategy aimed at dismantling the criminal networks entrenched in our communities,” he said.

He said the squad would also engage in community-oriented policing, a testament to the Nigeria Police philosophy that public safety is a collaborative endeavour.
Mr Egbetokun said working hand-in-hand with community leaders, residents and all stakeholders would fortify the already strong bonds between the Police Force and the communities. He said the idea was to ensure that every corner of the FCT remained a haven for its inhabitants.
(NAN).

IS NIGERIA'S SECURITY ARCHITECTURE OVER-STRETCHED?

We have mentioned above that we are in the age of modern information communication technology which can be easily deployed to fighting crimes and criminalities in all countries of the world and Nigeria is not an exception. But Nigeria has adopted the wrong system of government which is too expensive for developing nation.

PRESIDENTIAL SYSTEM OF GOVERNMENT MUST BE JETTISONED TO MAKE WAY FOR A UNICAMERAL PARLIAMENTARY SYSTEM THROUGH POPULAR REFERENDUM TO PAVE WAY FOR TRUE FEDERALISM AND GRASSROOTS PARTICIPATION!

IT IS NOT TOO LATE FOR PRESIDENT 'BOLA TINUBU TO REVERSE ALL UNPOPULAR POLICIES AND CHAMPION THE REFERENDUM IN RESTITUTION!
"A Word Is Sufficient For The Wise !"

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]



I am, yours sincerely, THE WATCHMAN- Dr David Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.
Politics"We No Go Gree" For Presidential Looting Of Treasury Again! by z07ion(op): 6:48pm On Jan 20, 2024
"And from the days of John the Baptist until now the kingdom of heaven suffereth violence, and the violent take it by force." (Matthew 11:12).

And from the days of Olusegun Aremu Obasanjo, UNTIL NOW, the Treasury Single Account (TSA), of Nigeria has suffered violence of institutional looting, stealing and bare-faced robbery and only "WE NO GO GREE" anti-corruption CRUSADERS FOR REFERENDUM can stop it by Force!
When "Mr. Integrity", ex-President Muhammadu Buhari assumed office in 2015, masses of the citizens believed that he would be the "Messiah" to save Nigeria from endless corruption, institutional stealing and robbery of the national treasury, judging by his past antecedent of diligence/probity as a military officer!

Unfortunately his two-term tenure turned out to compete violently with that of the late military dictator Sani Abacha whose looted funds are still being repatriated 23 years after his demise!

And in respect of Buhari, billions of local and foreign currencies between 2015-2023 under the guise of CONTRACT AWARDS and annual BUDGET APPROVALS grew wings and disappeared into thin air!
Although no malfeasance was traced to Baba Buhari throughout his 8 years in office directly or indirectly but it was under his watch that all political office holders elected or appointed stole Nigeria blind and looted the Treasury Single Account (TSA), which he instituted from inception to checkmate lootings of money deposits from all revenue-generating Ministries Departments and Agencies (MDAs), and the various Federal Government parastatals.
Also under his watch, thousands of corrupt public office holders, elected/appointed politicians, advisers at both Federal and sub-national levels, laundered illicit monies cornered from phantom contracts and padded budgets in billions of dollars from Nigeria abroad into offshore accounts in a free-for-all manner!

"RIGHTEOUSNESS EXALTS A NATION BUT SIN IS A REPROACH TO ALL PEOPLE!" (Proverbs 14:34).

ALL PAST PRESIDENTIAL ADMINISTRATIONS MUST BE PROBED AS SOON AS NIGERIA SETTLES FOR UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT TO RECOVER ALL LOOTED FUNDS AND BRING ALL CULPRITS TO JUSTICE!

Fillers from President Bola Tinubu's kitchen cabinet indicate that he is very willing to polish his dented image of cluelessness in governance by applying the big stick on appointees suspected or alleged to be involved in malfeasance of any type!

On trial now are Buhari's former Minister for Humanitarian Affairs and Poverty Alleviation and Tinubu's current Minister holding the same portfolio, Mrs. Beta Edu, who are being investigated by the Economic and Financial Crimes Commission (EFCC), for allegedly siphoning N37.1bn and N585million respectively into private accounts and pockets!
Please find below details of the allegations according to the electronic, social and print media reports and conclude whether "YOU GO GREE FOR PRESIDENTIAL TREASURY-LOOTING SPREE TO CONTINUE!

Channels Report updated 8th January 2024.

N37bn Fraud: EFCC Quizzes Ex-Humanitarian Minister Sadiya

Mrs Umar-Farouq was invited by the anti-graft agency to offer clarifications in respect of some issues that the Commission is investigating.
Officials of the Economic and Financial Crimes Commission (EFCC) on Monday quizzed ex-Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, over an alleged laundering of N37.1 billion
Farouq was still at the office of the EFCC as of 6pm on Monday as she was still being quizzed by interrogators. The ex-minister had shunned previous invitations by the anti-graft agency but later explained that she would honour the invite.
“I remain proud to have served my country as a minister of the Federal Republic of Nigeria with every sense of responsibility and will defend my actions, stewardship and programmes during my tenure whenever I am called upon to do so,” she was quoted to have said.
The former Minister had earlier failed to honour the invitation of the anti-graft agency on the alleged laundering of N37.1 billion during her tenure.

She, however, wrote a letter to apologise to the Commission over her failure to honour their invitation. The spokesman of the EFCC, Dele Oyewale, had told Channels Television that the former minister wrote to the anti-graft, explaining that she is not disposed for now to appear before the commission.

BREAKING: EFCC invites Betta Edu over N585m scandal

PUNCH REPORT Updated 8th January 2024.

The Economic and Financial Crimes Commission has invited the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, to its headquarters located in Jabi, Abuja over an alleged N585m scandal.
The invitation came less than an hour after President Bola Tinubu announced Edu’s suspension from office through the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.
An impeccable EFCC source, who confirmed the development to our correspondent, revealed that the anti-graft agency’s Chairman, Ola Olukoyede, had earlier recommended the suspension of the Minister to the President to pave the way for proper investigation.
The source further noted that the commission swung into action immediately after the President ordered a thorough investigation into the alleged payment of N585.189 million grant meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states into a private account.

“We have invited the suspended Minister, Betta Edu. The invitation letter was sent to her immediately after her suspension was announced by the President. We’re are expecting her at the headquarters any moment from now,” the source noted.
WAITING ON THE WING TO EITHER RESIGN HONORABLY OF BE SACKED IS THE MALE FEDERAL MINISTER FOR INTERNAL AFFAIRS WHOSE PRIVATE COMPANY WAS ALSO ALLEGED TO HAVE BENEFITED FROM MRS. BETA EDU'S CONTRACTS!

If Nigeria runs a Unicameral Parliamentary System of Government, the nation would not maintain the ridiculous position of THE MOST CORRUPT COUNTRY, POVERTY CAPITAL AND BEGGAR NATION OF THE WORLD ON ANNUAL BASIS!

Do you know that Nigeria is totally BROKE without a KOBO TO ITS NAME? All the extravagance on display at federal and sub-national levels including salaries, allowances, all overseas tours are predicated and dispensed on borrowed monies and CRUDE OIL SWAP DEALS!

SHE YOU STILL GO DE GREE?

Support the Clarion Call for a popular REFERENDUM and get the country out of this shameful mess! Demand that your National Assembly Legislators move a BILL for the Referendum TODAY!

"A stitch in time saves nine!"

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am, yours sincerely, THE WATCHMAN 08130669886, 08080243066. g-mail-dvdolufon@gmail.

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