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Democracy Day: Nigeria in Bondage, Says Atiku, Obi

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By Jude Opara, Mathew Dadiya & Johnson Eyiangho, Abuja

Former Vice President and Presidential Candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, yesterday said the country is in bondage.

Atiku said only the collective energy of Nigerians can rescue the country from bondage.

He noted that “the enemies of democracy, whom we are up against, are not resting”, hence Nigerians must do more.

In a Tweet, the former Vice President wrote: “On this occasion of Democracy Day, it is time for us to reflect as a people and a country on our journey to becoming a democratic society.

“For Nigerians who were around during the dark days of military dictatorships, it is important that we appreciate the successes that we have achieved in making democracy the norm of politics in Nigeria.

“But democracy without a corresponding commitment to the principles of fairness and fidelity to the rule of play by stakeholders in conducting elections still leaves the people prostrate to dictatorship tendencies.

“For our democracy to be fully fledged, it must constantly evolve away from the current practice where the governing elite determines the outcome of elections.

“When I often take stock of the activism that birthed the current democratic dispensation, I am even more convinced that much work still lies ahead.

“Democracy and the process of democratisation are a constant work in progress. While what we celebrate today is a return to civil rule in Nigeria, the desire to make our democracy self-sustaining and independent of anti-democratic elements is the new frontier of participation by all democrats.

“As it requires collective energy and commitment to attain civil rule, it will require a concomitant commitment to advance the cause of democracy and our democratisation process.

“The challenge ahead of us and the future of our democracy will rely heavily on what we do or fail to do today.

“To achieve this noble goal, our commitment to the cause of democracy must be eternal.

“Folks on the other side, enemies of democracy, whom we are up against, are not resting. To defeat them, we must do more!

“As I congratulate Nigerians on this day, in celebration of the return to civil rule, I also call our consciousness to the reality that democracy in Nigeria remains in bondage, and it will need the energy of all of us to rescue it. -AA #DemocracyDay.”

‘Nigeria’s Democracy in Deep Trouble, Destiny Uncertain’

The presidential candidate of the Labour Party (LP) in the February 25 general election, Mr Peter Obi, yesterday claimed the “nation’s democracy is deeply troubled, while its destiny remains uncertain and precarious.”

Obi said it is regrettable that the country is now in an era where foundational pillars of democracy are undermined by prevalent impunity and pervasive violence and bloodletting.

In a statement via his verified Twitter handle on Sunday, Obi lamented that “the country lacks selfless leaders committed to national interest, sustainable development and innovative thinking that offers every Nigerian freedom of choice of abode, protection of lives and property and ordered liberties.”

His statement is coming on the heels of the commemoration of “June 12 Democracy Day” in Nigeria.

Obi noted that the collective choice of late Chief M. K.O Abiola as a worthy leader for the nation was saluted by Nigerians and governments and peoples across the world, pointing out that June 12 underpins Nigerians’ long collective journey to nationhood as a true democracy.

The former Anambra State governor noted that Nigerians expressed their unreserved preference for true democracy and freely chose a transparent voting method even under military rule.

However, he lamented that the trust deficit between the leaders and Nigerians have continued to expand.

Part of his statement read, “Our collective choice of late Chief M. K.O AbIola as a worthy leader for the nation was saluted by Nigerians and governments and peoples across the world. Therefore, June 12 underpins our long collective journey to nationhood as a true democracy.

“However, the current state of our politics tells a different story . Our democracy is deeply troubled while our nation’s destiny remains uncertain and precarious. We remain a nation in search of solutions to too many basic problems.

“Above all, the government must respect and protect the institutions of the democratic state by respecting the social contract with the people by meeting their needs, obeying their wishes and fulfilling the responsibilities of responsible governance as contained in the constitution. A cardinal responsibility of the government in this regard is respect for the rule of law.

“Regrettably, we are now in an era where these foundational pillars of democracy are undermined by prevalent impunity and pervasive violence and bloodletting. The trust deficit between the leaders and Nigerians continues to expand.

“The deficits of trust and efficiency in our last elections demonstrate this malady quite boldly. The challenge of June 12 and a dedicated Democracy Day is to inspire us to correct the errors of our recent elections.

“This is the surest way to restore the confidence of our people in the future of our nation and the promise of true democracy. I however urge us all not to lose faith in the inbuilt design of our democratic system to self-correct.

“Personally, I remain committed and convinced that a New Nigeria is POssible. Our aspiration for a nation of equity, justice, security and peace can hardly be utopia. We are a nation blessed richly with human and natural resources.

“What we lack are selfless leaders who are committed to national interest, sustainable development and innovative thinking that offers every Nigerian irrespective of ethnicity, religion or social strata, the freedom of choice of abode, and protection of lives, property and ordered liberties.

“These aspirations are real and achievable; and I hereby reiterate my promise to Nigerians that we will not relent in our fight to bring about a leadership that will accord them the priority they deserve.”

PDP Seeks Entrenchment of Democratic Tenets

The Peoples Democratic Party (PDP) has urged Nigerians to use the 2023 Democracy Day celebration to accentuate the demand for the entrenchment of democratic tenets in the country.

The PDP said this in a statement by its National Publicity Secretary, Mr Debo Ologunagba in Abuja yesterday.

“Our party urges Nigerians not to despair but remain optimistic and law-abiding in their hope for a better nation which they earnestly yearn for.

“The PDP charges all the leaders at all level across the country to be guided by the essence of June 12 by always adhering to the principles of democracy in the overall interest of the Nigerians people,” Ologunagba said.

Abiola’s Family Demands Apology from IBB

The family of late MKO Abiola, the acclaimed winner of the June 12 Presidential election has demanded an apology from former military president, Gen. Ibrahim Babangida (IBB), for annulling the June 12, 1993, presidential election.

“We want IBB to apologise and announce the late Abiola as the winner of the 1993 presidential election,” the family said.

Tinubu Inspects Guards of Honour on Democracy Day

As part of activities to mark this year’s Democracy Day, President Bola Tinubu, yesterday addressed Nigerians in an early morning broadcast, after which, he inspected a Guard of Honour at the Forecourt of the Presidential Villa.

The Guards’ Brigade Cultural Group, made up of wards of the Guards’ Brigade personnel, put up a colourful cultural display, representing the various geopolitical zones of the country as the President and other dignitaries watched with rapt attention.

Vice President Kashim Shettima, who arrived the Forecourt a few minutes to 10am; President of the Senate, Ahmed Lawan; Speaker of the House of Representatives, Femi Gbajabiamila; and the Secretary to the Government of the Federation (SGF) Senator George Akume.

Others present at the Forecourt are Lagos State governor, Jide Sanwo-Olu; former Zamfara State governor, Bello Matawalle; National Chairman of the ruling All Progressives Congress (APC), Senator Abdullahi Adamu; and the party’s Secretary, Senator Iyiola Omisore.

Also at the event were the Chief of Defense Staff, General Lucky Irabor, who led the service chiefs; Inspector-General of Police; other senior security chiefs and other senior government officials.

Fielding questions from newsmen after the ceremonies, running mate to the acclaimed winner of the June 12 election, Ambassador Babagana Kingibe affirmed that June 12 will always bring back vivid memories of the whole process and sadness that ensued at the end of the process with the annulment.

“I believe in looking forward and the President in his Democracy Day address has set out the markers as to where we are coming from. He has set up beacons as to the direction we should take to make our country great, to strengthen democracy and to defend democracy at all times.

“And I believe that his speech was really inspiring and I think all right thinking men and women of this country should very carefully go through and be inspired by it and be guided by it. It is a great thing.

On his thoughts whether the country has done enough to recognize what MKO Abiola truly stands for, the former Secretary to the Government of the Federation urged Nigerians to be inspired by his courage, adding “Abiola is no more. We can’t bring him back. And whatever we do, will never bring him back to life. But we should never forget.

“We should be inspired by his courage. We should be inspired by his steadfast commitment, and we should be inspired by his willingness to sacrifice his life, which he has, and for which I think the country will forever be grateful”.

Business News

DBN Signs $61m Credit Deal With AfDB, Unveils Support Initiative Report

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By Tony Obiechina, Abuja

The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action for Women in Nigeria, unveiled its Impact Report and presented MSME Data Assets at the seventh edition of Annual Lecture held in Abuja.

DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain.

He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer in Kebbi and young founder in Yaba, noting that MSMEs accounted  for about half of Nigeria’s GDP and more than eight in every ten jobs, adding that when reform works for MSMEs it works for most Nigerians.

He explained that reform becomes prosperity only when entrepreneurs can act on it whether through long tenor loans to buy equipment, banks willing to take risk or skills and records needed to grow.

He said working through Participating Financial Institutions DBN provides longer term funding, partial credit guarantees through subsidiary Impact Credit Guarantee Limited and capacity building including Entrepreneurship Training Programme.

He disclosed that as at December 2025 DBN had disbursed a cumulative N1.4 trillion to MSMEs through 84 Participating Financial Institutions creating about 1.6 million jobs nationwide.

Under the new five year strategy, the Bank aims to reach more than two million MSMEs with deliberate targets for women led businesses, youth led businesses and underserved states.

On DAWN, Okpanachi said finance alone had not enabled enough women-led businesses to scale.

He said initiative brings together financing, guarantees and credit support, technical assistance, outcome linked grants and market linkages delivered through banks, microfinance institutions, fintechs, aggregators, cooperatives and direct channels.

Its priority sectors are agriculture and exports, healthcare, arts and creatives, technology and green business.

He said DAWN is about moving gender focused lending beyond intention and turning access into opportunity.

On the sidelines of the lecture DBN and African Development Bank held a signing ceremony of AfDB DBN 61 million United States dollars Gender Line of Credit development that reinforces Bank commitment to women led enterprises.

Okpanachi urged Participating Financial Institutions to extend lending into sectors and states where access to finance has been limited, policymakers and regulators to measure reform by what changes for business at end of chain and MSMEs to formalise, keep good records and use support now available.

The Vice President as Special Guest of Honour was represented by Dr Fred Iklaga Senior Technical Adviser in the Office of Special Adviser to the President on Economy.

Keynote speakers were Chief Executive Officer of MTN Nigeria, Dr Karl Toriola, and Chairman of Nigeria Sovereign Investment Authority, Dr Segun Ogunsanya.

Fireside chat featured Chief Executive Officer of Sterling Bank Abubakar Suleiman, manufacturing and trade entrepreneur Mrs Omoyemi Chukwurah and by video Kola Masha of Babban Gona.

The Secretary to the Government of Federation, represented by Augusta Warren Bekaredebo, said 2026 tax reforms would bring relief to many small businesses expressing optimism that a lot of businesses will be smiling by next year because they will be exempted from tax.

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NLC Threatens Nationwide Action as Talks With FG Collapse

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By Tambaya Julius, Abuja 

The Nigeria Labour Congress (NLC) has threatened possible nationwide industrial action following the failure of talks with the Federal Government over workers’ welfare, petrol prices and other outstanding labour demands.

The warning came after a meeting between the government and organised labour at the Ministry of Labour in Abuja on Thursday, October 22, ended without an agreement.

The congress has given the Federal Government until Tuesday, October 27, to make meaningful progress on the issues, warning that its relevant organs would decide the next line of action if the next meeting fails to produce concrete commitments.

The NLC has also directed its affiliates, state councils and civil society allies to begin mobilising members for possible nationwide action.

In a statement issued after the meeting, the NLC Acting General Secretary, Benson Upah, expressed disappointment over what he described as the government delegation’s lack of preparedness for the negotiations.

According to the congress, organised labour presented its demands in good faith but left the meeting without any concrete commitments from the government.

The demands include a reduction in petrol prices to 2024 levels, renegotiation of the national minimum wage, implementation of agreed tax relief measures and resolution of the terms of settlement involving the Joint Health Sector Unions (JOHESU).

The congress also called for the resolution of issues raised by the Joint Public Service Negotiating Council (JPSNC) over peculiar allowances, wage awards and hazard allowances.

The NLC said the government delegation lacked the necessary authority to engage meaningfully on the issues presented by labour representatives.

“The meeting between the Federal Government and organised labour, convened at the Ministry of Labour in Abuja on 22nd October 2026, has ended without resolution,” the statement said.

It added that the Minister of Labour requested that the meeting be adjourned until October 27 to allow the government to prepare adequately for further discussions.

The preparations, according to the statement, would include bringing relevant ministers and heads of departments and agencies to the negotiating table.

The congress said it remained open to dialogue but would not accept continued delays in addressing workers’ concerns.

“We will report back to our organs, and if no meaningful progress is made on Tuesday, the relevant organs of the NLC will decide the next line of action,” it said.

The labour body urged workers and members of the public to remain calm while the negotiations continue, even as it directed its affiliates and allies to prepare for possible industrial action.

“However, we urge all affiliates of NLC and TUC; all state councils and our civil society allies to be alert and start mobilising for a possible action across the nation while we hope that the tenets of our demands are met by the government,” the statement added.

The October 27 meeting is expected to provide another opportunity for both sides to address the outstanding issues and prevent a possible escalation of the dispute.

However, the NLC’s decision to begin mobilisation suggests that tensions could rise if the next round of talks fails to produce meaningful progress.

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Election Campaigns: FRSC Bars Officers from Politicians’ Escort

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The Federal Road Safety Corps (FRSC) has barred its personnel from escorting politicians during campaigns for the 2027 general elections.

Zonal Commanding Officer, RS6, ACM Abimbola Owolabi, gave the directive during her maiden visit to the Cross River Command in Calabar on Wednesday.

Owolabi said patrol vehicles and sirens must not be used for political activities or private engagements, including weddings and funeral processions.

She directed officers deployed to campaign venues to focus exclusively on traffic management to prevent congestion and road crashes.

The zonal head warned personnel against leading political convoys or providing escorts for politicians, stressing that official vehicles must not be used for unauthorised purposes.

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