NEWS
Buhari’s 60th Independence Anniversary Speech

INDEPENDENCE DAY ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE OCCASION OF NIGERIA’S SIXTIETH INDEPENDENCE ANNIVERSARY, THURSDAY 1ST OCTOBER 2020
Fellow Nigerians
I speak to you today as your President and fellow citizen on this epoch occasion of our country’s 60th independence Anniversary.
As President, I wish to renew my appreciation to Nigerians for entrusting me with your hopes and aspirations for a better and greater Nigeria.2. Today, it is my unique privilege to re-commit myself to the service of this great country of great people with profound diversities and opportunities.
We are bound by destiny to be the largest and greatest black nation on earth.3. At this stage in our nationhood it is important that we reflect how we got here to enable us work TOGETHER to get to where we aspire to be as a strong indivisible nation, united in hope and equal in opportunity.
4. On October 1st 1960 when Prime Minister Alhaji Abubakar Tafawa Balewa received the constitutional instruments symbolizing Nigeria’s independence, he expressed his wish that having acquired our rightful status as an independent sovereign nation, history would record that the building of our nation proceeded at the wisest pace.
5. This optimism was anchored on the peaceful planning, full and open consultation and harmonious cooperation with the different groups which culminated in Nigeria emerging as a country without bitterness and bloodshed.
6. Our founding fathers understood the imperative of structuring a National identity using the power of the state and worked towards unification of Nigerians in a politically stable and viable entity.
7. That philosophy guided the foundation that was laid for our young nation of 45 million people with an urban population of approximately 7million occupying an area of 910,768 square kilometers. These demographics led to development challenges for which major efforts were made to overcome.
8. Today, we grapple with multiple challenges with a population exceeding 200million occupying the same land mass but 52% residing in urban areas.
9. Sixty years of nationhood provides an opportunity to ask ourselves questions on the extent to which we have sustained the aspirations of our founding fathers. Where did we do the right things? Are we on course? If not where did we stray and how can we remedy and retrace our steps?
10. Upon attaining independence, Nigeria’s growth trajectory was anchored on policies and programmes that positively impacted on all sectors of the economy. However, this journey was cut short by the 30-months of civil war.
11. We came out of the civil war with a focus on reconstruction, rehabilitation and reconciliation that enabled the country to put in place world class development structures and a strengthened public service that well served the government. This positive trajectory continued with a return to democratic government which was truncated by another round of military rule.
12. For a cumulative 29 of our 60 years existence as a nation, we have been under military rule.
13. My summary of our journey so far as a nation is necessary to appropriately chart where we need to go and how to get there TOGETHER.
14. Today, I am aware that our economy along with every single economy in the world is in crisis. We still face security challenges in parts of the country, while our society suffers from a high loss of moral rectitude which is driven by unbridled craving for political control.
15. An underlying cause of most of the problems we have faced as a nation is our consistent harping on artificially contrived fault-lines that we have harboured and allowed unnecessarily to fester.
16. In addition, institutions such as civil service, police, the judiciary, the military all suffered from a general decline.
17. We need to begin a sincere process of national healing and this anniversary presents a genuine opportunity to eliminate old and outworn perceptions that are always put to test in the lie they always are.
18. The stereotype of thinking of ourselves as coming from one part of the country before seeing ourselves as Nigerians is a key starting point to project us on the road to our deserved nation’s evolution and integration.
19. To start this healing process, we are already blessed with the most important asset any nation requires for such – OUR PEOPLE – and this has manifested globally in the exploits of Nigerians in many fields.
20. It has been demonstrated time and time again that Nigerians in the diaspora frequently excel in science, technology, medicine, sports, arts and many other fields.
21. Similarly, the creativity, ingenuity and resourcefulness of the Nigerian at home have resulted in globally recognized endeavours.
22. I am convinced that if we pursue our aspirations TOGETHER we would be able to achieve whatever we desire. That informed our adopting the theme TOGETHER to mark this epochal event.
23. Together we can change our condition for the better and more importantly, together we can do much more for ourselves and for our country.
24. I chose the path of self-reflection because this is what I do on a daily basis and I must confess that at most times, I always felt the need for a collective reflection as I know that the foundation for a solid future which this administration is laying can only be sustainable if there is a collective commitment by Nigerians.
25. Nigeria is not a country for Mr. President, any ruling or opposition party but a country for all of us and we must play our part, irrespective of challenges we face, to make this country what we desire.
26. To achieve this, we must focus our minds, TOGETHER as a people, on ways of resolving the identified critical challenges that underlie our present state. These include:
a. Evolving and sustaining a democratic culture that leaves power in the hands of the people;
b. Supporting the enthronement of the rule of law, demanding accountability of elected representatives and contributing to good governance;
c. Increasing our commitment to peaceful co-existence in a peaceful, secure and united Nigeria;
d. Harnessing and Optimizing our tremendous human and natural resources to attain our goal of being in the top twenty economies of the world and in the process;
e. Lifting 100 million Nigerians out of poverty in 10 years;
f. Strengthening institutions to make them stronger in protecting National Interests; and
g. Imbibing tolerance in diversity.
27. I am a firm believer in transparent, free, fair and credible elections as has been demonstrated during my period as a democratically elected President.
28. The recent build-up and eventual outcome of the Edo State elections should encourage Nigerians that it is my commitment to bequeath to this country processes and procedures that would guarantee that the people’s votes count.
29. The problems with our electoral process are mainly human induced as desperate desire for power leads to desperate attempts to gain power and office.
30. Democracy, the world over and as I am pursuing in Nigeria, recognizes the power of the people. However, if some constituencies choose to bargain off their power, they should be prepared for denial of their rights.
31. This call is made more urgent if we realise that even after a transparent, free, fair and credible election, desperation leads to compromising the judiciary to upturn legitimate decisions of the people.
32. It is necessary to, therefore support the enthronement of the rule of law by avoiding actions which compromise the judiciary.
33. Fellow Nigerians, our history has shown that we are a people that have the capacity to live peacefully with one another.
34. As a government, we remain committed to our constitutional oath of securing the lives and properties of the citizenry. I, however, call on the citizenry to also support government by providing the necessary community level intelligence in addressing these challenges.
35. In moving forward together, it is important to strengthen our economy to provide sustainable means of livelihood for as many Nigerians as possible so as to eradicate absolute poverty from our midst.
36. I want to re-emphasize my dedication and commitment, a dedication and commitment that propelled my public service career and informed my quest to continually seek for an opportunity to improve the lives of Nigerians, set the country on the path of prosperity and lead the country to a better future.
37. This administration has been focused on rebuilding and laying the foundations for a sustainable Nigeria. Of course, we have met and are still meeting the challenges inherent in any rebuilding initiative – more so that of a nation like Nigeria that has undergone avoidable levels of deprivation – but can be surmounted if we all work together.
38. I wish to re-iterate that our people and our spirit of excellence remains our most important asset.
39. In this wise, the need to return to our age-old ethical and high moral values would be necessary and this informed my launching of the National Ethics and Integrity Policy on Monday 28th September, 2020.
40. The policy would not implement itself and the first contact of the visibility of its implementation is the Public Service whose on-going reforms would be expected to be sustainable and give a radical re-direction in providing services to all Nigerians.
41. Fellow Nigerians, in addition to public health challenges of working to contain the spread of the Coronavirus, we have suffered a significant drop in our foreign exchange earnings and internal revenues due to 40 per cent drop in oil prices and steep drop in economic activities, leading to a 60 per cent drop in government revenue.
42. Our government is grappling with the dual challenge of saving lives and livelihoods in face of drastically reduced resources.
43. In this regard, sustaining the level of petroleum prices is no longer possible. The government, since coming into office has recognized the economic argument for adjusting the price of petroleum. But the social argument about the knock-on effect of any adjustment weighed heavily with the government.
44. Accordingly, in the last three years, we have introduced unprecedented measures in support of the economy and to the weakest members of our society in the shape of:
a. Tradermoni
b. Farmermoni
c. School Feeding Programme
d. Job creation efforts
e. Agricultural intervention programmes
45. No government in the past did what we are doing with such scarce resources. We have managed to keep things going in spite of the disproportionate spending on security. Those in the previous Governments from 1999 – 2015 who presided over the near destruction of the country have now the impudence to attempt to criticize our efforts.
46. In the circumstances, a responsible government must face realities and take tough decisions.
47. Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre. A comparison with our neighbours will illustrate the point;
a. Chad which is an oil producing country charges N362 per litre
b. Niger, also an oil producing country sells 1 litre at N346.
c. In Ghana, another oil producing country, petroleum pump price is N326 per litre.
48. Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre. It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.
49. Fellow Nigerians, to achieve the great country we desire, we need to solidify our strength, increase our commitment and encourage ourselves to do that which is right and proper even when no one is watching.
50. Fellow Nigerians, let us collectively resolve to continue our journey beyond the sixty years on the clear understanding that as a nation we are greater together than being smaller units of nationalities. By the special grace of God we shall come through any transient challenges.
51. It is my sincere hope that by the end of this anniversary on September 30th 2021, we will all be proud of taking this individual and collective self-assessment for the progress of our great Nation.
Long Live the Federal Republic of Nigeria.
God Bless us all. Thank you.
NEWS
NAICOM constitutes 11-member recapitalization committee

By Tony Obiechina Abuja
The National Insurance Commission (NAICOM) has constituted a 2025 Recapitalization Committee, following President Bola Ahmed Tinubu’s assent to the Nigeria Insurance Industry Reform Act (NIIRA) 2025.
Chaired by Mrs.
Oluwatoyin Charles, Director of Supervision, the Committee’s primary responsibility is to oversee the implementation of the recapitalization program.This includes ensuring compliance with revised capital requirements and promoting transparency and integrity in sourcing and verifying capital inflows.
The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, emphasized the critical role of recapitalization in stabilizing the industry and contributing to Nigeria’s $1 trillion economy vision during the Committee’s inauguration in Abuja on Tuesday
He urged the 11-member Committee to approach their task with professionalism, diligence, and commitment to the common interest, assuring them of necessary support.
Committee’s terms of reference include to create a detailed plan for the Commission and the insurance industry; develop guidelines and circulars on recapitalization; recommend the composition of Minimum Capital Requirements, and incentives and Concession Identify incentives and concessions that may be obtained from other regulatory authorities.
The Committee will submit monthly progress reports to Management and provide quarterly updates to the Governing Board and stakeholders.
NAICOM is confident that the Committee will successfully deliver on its mandate, shaping the future of Nigeria’s insurance sector.
“The Committee’s success is vital to the industry’s stability and growth, and NAICOM looks forward to collaborating with all stakeholders to achieve this objective.
“With the NIIRA 2025, NAICOM aims to position the insurance industry for greater transparency, innovation, and global competitiveness, aligning with the Federal Government’s vision of achieving a $1 trillion economy”, the Commission added.
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NEWS
Again, ADC Tells EFCC to Stop Witch-hunting, Media Trial of Opposition Leaders

By Johnson Eyiangho, Abuja
Again, the African Democratic Congress (ADC) has come hard on the Economic and Financial Crimes Commission (EFCC), asking the commission to stop both the media trial and witch-hunting of opposition leaders.
The ADC accused EFCC of being used by the government to harass and intimidate opposition party leaders.
On Monday the commission detained one of the leaders of the coalition and former Governor of Sokoto State, Aminu Tambuwal, and subsequently invited Imo State Government officials to “urgently” provide information on the seven-month tenure of former Imo State Governor, Emeka Ihedioha.
With this, the party said that it has become crystal clear that the EFCC is out on a hatchet job — “a choreographed media trial targeted at bringing coalition leaders to disrepute.
”n a statement by its National Publicity Secretary, Mallam Bolaji Abdullahi, on Tuesday the ADC questioned why the EFCC had suddenly found “urgent” reason to investigate David Mark 10 years after leaving the Senate Presidency, Ihedioha more than five years after his brief tenure as governor, and Tambuwal two years after leaving office as Sokoto governor.
It said the pattern of ignoring APC stalwarts with fresher and well-documented cases, while targeting opposition figures with stale allegations, is proof of selective justice and an assault on political freedom.
Abdullahi said the detention of one of the Coalition leaders, former Sokoto State Governor, Senator Aminu Tambuwal, marked the start of the crackdown intended to intimidate key leaders of the opposition and discredit them through media trials.
“As shown in an EFCC correspondence currently circulating online, the Commission has now embarked on the investigation of another coalition chieftain, former Imo Governor, Emeka Ihedioha, with an “urgent” request to the officials to provide information related specifically to his brief seven months in office.
“Rt. Hon. Emeka Ihedioha, the former Deputy Speaker of the House of Representatives, served as Governor of Imo State for just seven months, from May 29, 2019, until the Supreme Court removed him on January 14, 2020 — a full 5 years and 7 months ago. We therefore wonder what makes investigating him suddenly “urgent” now.
“Most notably, the EFCC has now surreptitiously started excavating all the files from the ADC Chairman, Senator David Mark’s tenure as President of the Nigerian Senate. Let us remind Nigerians that our Party Chairman, Senator Mark, served as the Senate President for eight years, from June 6, 2007, to June 6, 2015 — making him the longest-serving Senate President in our history. He left office 10 years and two months ago. Three Senate Presidents after, the EFCC suddenly remembered that he was a Senate President,” the statement said.
Abdullahi said the ADC believed in adherence to the rule of law and due process, like all Nigerians, but questioned the curious timing, selective targets, and political motivations that now seem to define the EFCC’s actions.
According to him, a fight against corruption that begins and ends with the opposition is not justice — it is persecution. We have no doubts that this is witch-hunting; it is the APC government weaponising anti-corruption to do its political battle.
He said that having failed to stop the coalition, the jittery ruling party’s next move was to discredit its leaders by getting the EFCC to accuse them of looting the entire treasuries, noting that there were calculated media trials, which start and end with the accusation, the scandal, and the consequent lowering of public estimation. “It matters little whether there is a basis for these accusations — the game is the circus show.”
He said: *The questions write themselves: why now? Why these men? Why these timelines? If corruption truly has no statute of limitation, why are the EFCC’s files on APC’s own “big men,” many with fresher, documented cases, gathering dust in forgotten drawers? Why does the EFCC only discover “urgent” anti-corruption zeal when an opposition leader becomes a political threat?
“The truth is simple. These are not fresh investigations — they are political manoeuvres, cynical attempts to intimidate and weaken credible opposition voices ahead of the 2027 elections. The APC’s EFCC does not touch its own while they are in office or when they defect to the ruling party.
“Once a former governor crosses over, their files vanish like morning dew. Since Ifeanyi Okowa joined the APC, have Nigerians heard a single whisper from the EFCC about his cases? Yet opposition leaders are hounded with allegations from decades past without a shred of new evidence.”
He said what the EFCC is doing on behalf of the APC government is anti-democracy, adding that every time the EFCC is deployed as a political bulldog, it tramples on public trust and shreds the credibility of our justice system, reminding the APC that state institutions did not belong to it, but to Nigerians.
“We call on citizens to speak up, to resist, and to demand that the EFCC stop this witch-hunting in the interest of our democracy. Today, it is David Mark, Ihedioha, and Tambuwal. Tomorrow, it could be anyone who dares to hold this government accountable.”
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FCTA Champions Livestock Development to Boost Food Security

By Laide Akinboade, Abuja
The Federal Capital Territory Administration has emphasized the strategic importance of strengthening livestock production, aimed at boosting food security, and promoting sustainable agricultural development across the nation.
FCT Minister of State, Dr.
Mariya Mahmoud made this known at the 2025 National Pasture Planting Day held at the Kawu Grazing Reserve in Bwari Area Council, Abuja.She explained that pasture planting is more than a farming activity, stressing that it serves as a key intervention to ensure the year-round availability of quality feed for livestock, reduce overgrazing and land degradation, and advance the transition to modern, settled livestock systems.
According to the minister, these efforts would not only increase productivity but also help prevent conflicts, foster peaceful coexistence, and protect the environment.
Describing the Kawu Grazing Reserve as a strategic agricultural asset within the Federal Capital Territory, Mahmoud noted that with enhanced pasture management, improved water infrastructure, and expanded veterinary services, the reserve has the potential to serve as a model for other states nationwide.
This, she said, would enhance milk and meat production, create employment opportunities, and support harmonious relations among rural communities.
The minister commended the Federal Ministry of Livestock Development for leading the initiative and acknowledged the dedication of farmers, herders, and development partners who continue to innovate within the sector.
Mahmoud also reaffirmed the FCT Administration’s commitment to supporting pasture development projects that secure the future of Nigeria’s livestock industry.
She described the planting event as a symbol of a shared vision for abundance, peace, and prosperity.
According to her, “The National Pasture Planting Day event underscores the President Bola Ahmed Tinubu’s proactive approach to overcoming challenges in the livestock sector, particularly the consistent availability of quality animal feed, positioning Nigeria toward a more modern, productive, and profitable livestock value chain.”
Also speaking, Minister of Livestock Development Alhaji Idi Mukhtar Maiha, noted that the event marks not just planting of seeds in the soil, but the sowing of a vision, the vision of renewed hope agenda for resuscitating great reserves, sustainable livestock development, environmental stewardship, peaceful pastoral practices and economic empowerment of millions of Nigerians who depend on livestock for their livelihoods.
Maiha revealed that the ministry is investing in release and registration of pasture varieties into the national seed system, noting that eight varieties have been released for the first time in 48 years.
The Minister assured that the present administration is fully committed to implementing the National Livestock Growth Association Strategy, which has been approved by National Economic Council and other policy frameworks that promote peace, productivity and prosperity in livestock.
He called for collaboration and cooperation within the community and between the community and the government to make the grazing reserves work.
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