The Nigeria police has issued a strong warning to anyone directly or indirectly involved in the August 5th planned “Revolution March” adding that anyone involved in the protest will be treated as a terrorist.
In a terse statement issued by the force, they warned anyone involved in the act to “steer clear of any such planned protest demonstration, acts of incitement and proposed revolution.” They went further by stating that “the full wrath of the law will be brought to bear on any individual or group engaged or found participating in the above planned criminal act.”
The Statement reads;
The attention of the Nigeria Police Force has been drawn to a video circulating on the social media by the ‘Global Coalition for Security and Democracy in Nigeria and others’, inciting Nigerians, home and abroad, to join a planned ‘revolution’ march against the Government of the Federal Republic of Nigeria on Monday, 5th August, 2019 with the sole aim of forcing a regime change in the country.
The Force wishes to state unequivocally that the call amounts to treasonable felony and acts of terrorism and will therefore not stand idly-by and watch any individual or group in the society cause anarchy in the land.
While acknowledging the rights of Nigerians to embark on protest, the Force wishes to note that such rights should not translate to a violent and forceful change of government which clearly is the meaning of ‘revolution’.
Needless to state that Nigeria is a democratic republic and has well-defined processes for change of government, exercised periodically during various cycle of elections.
The Force therefore warns the organizers, sponsors, allies, supporters, associates and sympathisers of the group ‘Global Coalition for Security and Democracy in Nigeria’ to, in their own interest, steer clear of any such planned protest, demonstration, acts of incitement and proposed “revolution”, as the full wrath of the law will be brought to bear on any individual or group engaged or found participating in the above planned criminal act.
Parents and Guardians are therefore enjoined to impress on their children and wards not to allow themselves to be used in whatever form by any person or group of persons to cause breach of law and order in the country.
The Police will work with other Law Enforcement Agencies and positive minded Nigerians to protect, defend and secure our public peace and space
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwork1@gmail.com, phone: +32497220468, +23481819650279, +32466100102.
Long lines of lorries stretch like tentacles from Apapa port, the largest in Nigeria. Drivers doze in their cabs, feet flung over dashboards; some sling hammocks beneath the chassis. Musa Ibrahim, an ebullient trader, says he has been queuing for two days. He gestures at empty buildings. “Most of the companies you see here they done close,” he sighs, writes The Economist.
The Nigerian economy is stuck like a stranded truck. Average incomes have been falling for four years; the IMF thinks they will not rise for at least another six. The latest figures put unemployment at 23%, after growing for 15 consecutive quarters. Inflation is 11%. Some 94 million people live on less than $1.90 a day, more than in any other country, and the number is swelling. By 2030 a quarter of very poor people will be Nigerians, predicts the World Data Lab, which counts such things.
Nigeria’s engine was already sputtering when President Muhammadu Buhari took the wheel in 2015. The price of oil, which makes up 9% of GDP and more than 90% of export earnings, had crashed. But “Baba Go Slow”, as Nigerians took to calling him, made a bad situation worse. Instead of letting Nigeria’s currency slide, which would have stoked inflation, policymakers rationed dollars to maintain the naira’s long-standing and artificially high peg to the dollar. To do so the central bank refused to release foreign currency for a long list of imports, ranging from toothpicks to shovels. Without dollars for equipment or supplies, factories closed and workers were laid off, leading to a recession in 2016.
The central bank confused things further by introducing several exchange rates. One was an official rate of 305 naira per dollar. Its main use seemed to be to allow the bank to brag about how strong the currency was since it sold almost no dollars at that absurd rate. Its second rate was used to funnel artificially cheap dollars (about 320 naira each) to favoured importers. Naturally, there were not enough of these dollars to go around, so most Nigerians (especially those buying toothpicks) had to pay as much as 500 naira on the black market. The gap between most of these rates has converged of late at about 360. But having so many rates puts off investors. The government thinks the answer to the “dollar shortage” is for Nigerians to make and grow more and import less. To this end, it has slapped import taxes on rice and fertiliser and is giving tax breaks for a huge new oil refinery.
There is little sign of the kind of export-led industrial revolution that has lifted incomes in Asia. This is not only because the naira is overvalued. It is also because the state has spent decades neglecting basic public goods, like roads, schools and electricity. “In Nigeria, if you set up a business you have to build your infrastructure, you have to build your power plant, you have to build everything,” says Abdul Samad Rabiu, the chairman of the BUA Group, a conglomerate. Eghosa Omoigui, who manages a tech fund, compares running a business there to “running a nation-state”.
Where urgency is needed, Mr. Buhari offers the only caution. Few are holding their breath for any more drive in his second term, which began on May 29th. “We are trying to avoid shocks,” explains Adeyemi Dipeolu, his economic adviser: sharp currency movements or hikes in electricity tariffs would be felt by ordinary Nigerians. Yet officials are postponing a crisis, not averting one. Consider borrowing. The debt-to-GDP ratio is 28%. But Nigeria collects so little in tax that interest payments swallow about 60% of federal revenues.
“We don’t have a debt problem, we have a revenue problem,” insists Udoma Udo Udoma, the budget minister in Mr. Buhari’s first term. The government plans to raise funds by selling off some of its share in joint-venture contracts with oil companies and might hike taxes on luxury goods. Revenues are rising, but fall far short of budget targets. Some of the gaps is probably being filled by running up an overdraft with the central bank, which now holds more assets than the entire banking system.
Public finances would be healthier if the government raised the price of fuel, which is imported by the state oil company and sold on at a loss. Last year this subsidy was worth at least 0.5% of GDP—as much as the government spent on health care. Politicians are scared to end the subsidy. An attempt to do so in 2012 led to massive protests. Although the government has expanded school-feeding programmes and is working on a safety net for the poor, most citizens get few benefits from the state. Oxfam, a charity, ranks 157 countries on their commitment to reducing inequality, based on social spending, taxes and labour laws: Nigeria comes last.
For Nigeria to prosper, the state could harness the vim of its 200m citizens. Instead, it ignores them, except when politicians need votes. People have come to expect nothing from government, says Chika Okeke, who owns a small stationery shop in Lagos: “you struggle yourself.” (Independent)
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwork1@gmail.com, phone: +2348189650279, +32466100102, +32497220468.
A Nigerian lady, Enderlin Chinenyenwa Ambrose, is offering to help depressed Nigerian people in her own little way by offering them sex. She dropped her phone number on Facebook and asked depressed people to call her for sex to reduce suicide rate, which has seemingly surged in the country. Some Nigerians have blamed the surge on the economic hardship in the country.
Since she made this announcement, her phone line has been besieged by calls and texts messages that she is begging those on the busy line to have patience for their turn to come.
She seems to mean her business of helping out to reduce the surge in suicide among the Nigerian youths.
Further, enquiries by The Republican News revealed that she is not really offering physical sex but online sex chats and phone sex to help her callers to reduce stress via sex-related conversations.
She claimed that her callers love her sexy voice and that such is pushing them to call for more.
But it seems that after she has been besieged by numerous calls, she is the one who is going very soon into depression due to the constant phone calls that she is unable to handle.
In one of her chat texts, she begged for a relief and said, ” Oh my head oo. Pls, my head wan burst, mek una pity me. No, haba, is it because it is free una wan kill me? My ear is singing ooh, voice don dry”, kiloshele?
She further said that if she was a commercial sex worker, that she would have made a lot of money from this service….. “Aswear, if I be olosho eeh, I go don make plenty money just today. Omo see calls!” In another chat line, she compared her service to mobile phone service provider, Glo Nigeria, saying that their customer service care has not answered this much calls in one day…..Glo customer care no reach me answer”. Again, she said ” Woow, there is so much depressed dicks, let’s continue tomorrow”. She concluded it with a hastag #SayNoToDepression, our men must be entertained.
She says that this is her little contribution to help some depressed Nigerians to ease the burden and pressure.
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwrk1@gmail.com, phone: +32497220468, +2348189650279, +32466100102.
The schools they didn’t build have created Boko Haram, Terrorist Herdsmen, Bandits etc and they have now added Chronic Kidnapping to the legion of madness culminating.
For decades the SAME group of individuals have presided over Nigeria. They allotted oil wells to themselves and their cronies, connived with their counterparts from other regions to loot money from crude oil sales for the last 5 decades.
Despite all the billions of dollars they cornered for themselves and their cronies, they couldn’t build a single state of the art hospital, or provide water, or build a school or invest in their people.
They were okay looting every penny. They left their region with the highest out of school kids on Earth and probably the most impoverished people on earth too.
The easiest person to manipulate is someone without any form of education. They know this but they decide to look away.
They are building up Dubai for the Emirata, buying luxurious home in Europe and North America, building refineries abroad instead of situating same in their region.
Billion of dollars owned by our country is sitting idle in some safe in Europe and America the little they returned from the Abacha era is being re-looted via various ponzi schemes.
Guess what? The chickens have come home to roost! The schools they didn’t build have created Boko Haram, Terrorist Herdsmen, Bandits etc and they have now added Chronic kidnapping to the legion of madness culminating. It is now all centred around the North and this is not meant to happen in a region that has produced at least 10 heads of government.
An entire region is now under seige because some people somewhere decided not to do the needful. They just could not be bothered. That is why most Northern governors now prefer to live in Abuja away from their unsafe states.
The kids they have refused to educate are now tormenting the entire region to to the extent that we are now spending billion of borrowed dollars to fight the menace and rebuild after every destruction. Only for it all to be destroyed again.
A region which was once a delight to visit is now like a ghost town with everyone on guard all because some people decided not to do the needful.
If these deranged demon birthed by the madness of the looting class are the only ones affected by the activities of these demons, I won’t be bothered one bit. But innocent citizens who were not part of the whole planning are now being killed like chickens.
If a revolution will be started in Nigeria today. It will be from the North and it will be red all through.
God help Nigeria. (Sahara Reporters)
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwork1@gmail.com, phone: +2348189650279, +32466100102, +32497220468.
The American president Donald J Trump again blasts Nigerian government for their inability to deliver and protect the lives of its people.
Trump had kick against the killings of innocent Nigerians in the country especially in the northern part of Nigeria by bandits.
According to him the Nigerian government must stop sleeping and find everlasting solution to the crisis that is taking thousands of lives, Trump also says that the poor are the ones facing the insecurity crisis most,’ adding that their lives are more exposed to jeopardy than the rich.
In a brief conclave with journalists the American president also condemned the Canadian citizen who was recently kidnapped in Nigeria by gunmen, pleading with the Nigerian federal government to take immediate action to save the Canadian citizen.
In the pass four years till date Nigerian have been going through a lot facing challenges like, insecurity, poor economy, corruption, lack of education and employment.
“Nigerians need leaders who are ready to work, who are ready to deliver when call to power, leaders who are corrupt-free, Nigerians need leaders who listen to the cry of the people, the Nigerian government must stop sleeping.
Americans are not perfect but we are working so hard to remain the world number-one and I know many African countries are looking up to Nigeria so their leaders should stop working for their selfish interest Trump says.
Trump also talked about president Buhari 10 day visit to the UK adding that, it is wrong for a president to travel without handing over power to his vice and not notifying the people he serves to know about his foreign trip.
Nigeria is a nice country recognized in the world, the country would have been second most powerful and most wealthy country in the world if not for the corruption that have taken over the minds of its leaders.
“However Donald Trump says, in the history of Nigeria leadership, the present government happens to be the worst ever. A government who don’t take legal actions to stop the killings of its people. The only government who don’t attack on terrorist but unleashed attack on innocent Nigerians. The only government who negotiate with terrorist, its time Nigerians need to rise and kick out bad government and fight for their pride.
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwork1@gmail.com; phone: +32497220468, +2348189650279, +32466100102;
The Nigeria Governors Forum (NGF) yesterday has warned the returning and newly elected state governors that recession may come in 2020 and so they should prepare ahead for tough times in their respective states.
The chairman of the group and governor of Zamfara State, Abdulaziz Yari, warned that there may be another cycle of recession from mid-2020 to the third quarter of 2021, the Guardian reports.
He gave the advice at the induction programme organised for the old and new governors at the NGF Secretariat, State House Conference Center, Abuja yesterday.
The NGF chairman told his colleagues that it would not be a smooth ride when they begin a new administration in their states.
“On our part, we made a lot of achievement in infrastructural development and provision of social services because we enjoyed a relatively high oil price of about $100 to $114 per barrel between 2001 and the middle of 2014.
“However, by the mid-2014, the price of crude oil, which is sadly the main driving force of government’s expenditure, dropped to $75 per barrel. It, therefore, became very difficult for many states to even pay salaries of their workers.
“This scenario is a wake-up call for all of you to be prepared to face this kind of challenge, especially since there is the possibility of another cycle of recession by mid-2020 and which may last up to the third quarter of 2021. Your good spirit of stewardship will make you contain the situation should there be one. Also, as members of the National Economic Council (NEC), you must work hand-in- hand to boost the economy in tandem with the global best practices.
Speaking further, he said:
“Experience, they say, is the best teacher. Ours has been a challenging experience of managing state economies that are totally dependent on accruals from the federation account rather than exploring viable alternatives to run the economy.
For most of the states, internally generated revenues are nothing to write home about. You must, therefore, look inward by boosting your revenue generation and also utilize them effectively for execution of projects that will touch the lives of your people. You must not forget the high expectations of our people from us; now that the democracy is maturing daily, the challenges of governance and service delivery are more demanding,” Yari said:
“Borrowing is never a reliable alternative to solving our economic problems. Key revenue agencies like the Nigeria National Petroleum Corporation (NNPC), Federal Inland Revenue Service (FIRS) and the Nigeria Custom Service must be made to work more effectively now that Mr. President has signed the much awaited national minimum wage law, pegging the minimum workers salary at N30,000 per month.”
He urged the incoming governors to strengthen tax laws to encourage Nigerians to pay.
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries. Email: RepublicanNewsNetwork1@gmail.com, phone: +2348189650279, +32497220468, +32466100102.
The economic situation in the country knows no bounds as it has affected every business including that of commercial sex workers.
Commercial sex workers in the Federal Capital Territory (FCT) are loudly complaining the decline in patronage. They believe the economic downturn is responsible.
A number of the women of low virtue who spoke to Daily Sun that since most average families are struggling to feed, the bugling situation has affected their business. They claim most of their patrons find it difficult to reserve money to come around for sex outside their homes.
For them the movement of some politicians to the rural areas for the 2019 general elections contributed to their poor economic fortunes. They confessed that from the build-up to the elections, most of their good customers have not been stable in the city and some of their rich clients that often visit Abuja have not visited. It has seriously affected their business.
One of the ladies, Hellen, who operates around Jabi Lake said she joined the business two years ago and has not experienced this kind of downturn in fortune: “This administration of Muhammadu Buhari changed everything, everybody is suffering, there is no money. In the past administrations, during campaigns and elections, people made money regardless of the type of business they operated because there was money in circulation.
“But this present administration is the opposite. This change is something else, who knows how the next level will look like. How can someone who is hungry and angry have feelings for women?”
Another lady, Joy, operating around Gimbiya Street in Area 11 agreed there is low patronage: “Before in a night I know the number of short time I get before going for the last game which is usually all night. But now, it is very difficult to get a customer. The few men that come around will be bargaining as if we are selling salt and pepper in the market.”
Fair skinned Loveth who operates around Wuse Zone 4 and Wuse II, attributed the low patronage to the relocation of politicians to the villages to cast their costs:
“Most of my patrons traveled home for the campaign and elections. Even some of my rich customers who used to visit Abuja for official matters, are no longer visiting because of elections.
“The main cause of this fortune downturn is the movement for elections and once we are through with it, everything will take its normal shape.”
A lady, known as lady B, agreed that the election is the main cause of the low patronage not hardship: “People are not yet back from their villages. Abuja is still scanty most of my patrons that went home for elections are not back. That is why nothing is happening.”
However, Janet said there is nothing like low patronage in her side because she does her job very well and no customer that ever patronized her that will like to miss her services:
“Since the beginning of campaign to these elections I have never spent a weekend in Abuja. I am either traveling with one of my clients or the other, based on the highest bidder. I have been busy all through; I just entered Abuja today. When you do your job perfectly, patrons will be begging for your services.” (The Sun)
Subscribe to The Republican News. Advertise with us. Call us for press release, enquiries.
Email editor @alexikeoffor, call us +2348189650279, +324972204768, +32466100102
The Financial Times of London says President Muhammadu Buhari has been running a government that lacks a clear direction in the last four years.
The respected newspaper therefore called on the President to see his re-election as an opportunity to do the right thing.
The Financial Times said this in its editorial which has been read and shared thousands of times around the world.
It said there was no clear economic policy like that of Rwanda and Ethiopia.
It read in part, “With his renewed mandate, it is now Mr Buhari’s task to rebuild faith by running a dynamic and successful administration and by building the institutions that can lay firmer foundations than in his previous term.
“The omens from his first four years in office are not good. During that time, the former military leader ran a lacklustre administration with no obvious sense of direction. There was no coherent economic strategy of the sort being attempted by the likes of Ethiopia, Rwanda or west African neighbours Ghana and Senegal to produce the rapid growth needed to haul tens of millions of people out of poverty. It is an indictment of its leadership — both military and democratic — that the continent’s biggest oil producer should have more people living in absolute poverty than any other country in the world.”
FT advised the President to appoint more technocrats in his second term who can help turn things around.
The newspaper said the anti-corruption war must be more holistic and less selective.
FT added, “Mr Buhari’s priority this time must be to set out a coherent agenda, implemented by technocrats rather than ideologues, to turn things around. Nigeria desperately needs to create a level playing field for business in which access to foreign currency, permits, and other requirements is both predictable and rational.
“His much-vaunted crackdown on corruption must go beyond taking action against a few minor officials. Some big scalps would help. More important still is to implement systematic changes — whether by reforming institutions, using technology or by removing arbitrage opportunities — to create a more transparent environment. People should prosper in Nigeria based on what they know and how much value and employment they can create, not by their connections.” (Punch)
Subscribe to The Republican News. Advertise with us, call us for press release, enquiries.
President Muhammadu Buhari says the new four-year mandate given to his administration by Nigerians will be tough as he pursues his campaign promises of securing the country, transforming the economy and the fight against corruption.
The President stated this at a special meeting with his cabinet ministers, who were in the State House, Abuja, on Friday to congratulate him on his electoral victory.
The Independent National Electoral Commission had, on Wednesday, declared President Buhari, candidate of the All Progressives Congress, winner of the 2019 presidential election held on February 23.
Buhari was declared re-elected, having polled 15,191,847 votes, winning in 19 states, to defeat other 72 candidates including Atiku Abubakar, the candidate of the Peoples Democratic Party who scored 11, 255,978 votes.
The President said: “My last lap of four years I think is going to be tough because people are very forgetful – that was why wherever I went I reminded them of the campaign by our party of the three fundamental issues – security because you have to secure a country or an institution to manage it properly.
“If you don’t secure it you can’t manage it no matter how much propaganda you put in place.
“Secondly the economy, the unemployed able bodies is the problem of this country as a whole – more than 60 per cent are youths – that meant 35 years and below – they need to be kept busy.
“I realised that and I think God had our prayers that the two previous rainy seasons were good and we had the for sight to get the Ministry of Agriculture and Rural Development and the Central Bank to try and give soft loans to farmers so that able bodies that have land can go back to land.’’
The President, who also spoke on his campaign tour, stated that the successful completion of the tour had proven the opposition wrong that he was unfit to govern the nation.
He said the campaign tour did not only prove that he was medically fit but a clear indication that he was ready to continue in leading Nigeria for the next four years.
The News Agency of Nigeria (NAN) reports that the highlight of the event was the presentation of congratulatory cards to the president by the Secretary to the Government of the Federation, Boss Mustapha and the Head of Civil Service of the Federation, Mrs Winfred Oyo-Ita.
Subscribe to The Republican News. Advertise with us. Call us for press release, enquires.
Email Editor @alexikeoffor, call us on +2348189650279, +32497220468, +32466100102
The number of extremely poor Nigerians has risen to 91.6 million, according to the World Poverty Clock.
This implies that virtually half of Nigeria’s population now live in extreme poverty.
The World Poverty Clock had named Nigeria the poverty capital of the world last June when it revealed that Nigeria had 87 million people living in poverty.
The latest figure shows that an additional four million Nigerians have since fallen under the poverty line.
The report adds that six Nigerians become poor every minute.
The World Poverty Clock is a tool to monitor progress against poverty globally.
It uses publicly available data on income distribution, production, and consumption, provided by various international organisations, most notably the United Nations, World Bank, and the International Monetary Fund.
According to the World Poverty Clock which was created by Vienna-based World Data Lab, 91.16 million Nigerians were living below a dollar a day as of February 13, 2019.
The World Bank says a person can be said to be living in extreme poverty if they live below the poverty line of $1.90 which translates to N693.5 per day.
The President Muhammadu Buhari government had last year rejected the report, insisting that it had created jobs especially in the area of agriculture and reduced poverty.
However, British Prime Minister, Theresa May, reiterated the statistics during her visit to Nigeria last year. (Punch)