NEWS
PDP Describes Tinubu’s New Year Address as Deceit, Empty Promises
By Johnson Eyiangho, Abuja
The Peoples Democratic Party (PDP) has dismissed President Bola Ahmed Tinubu’s New Year Speech as a deceit, false claims and empty promises.
The PDP in a statement by its National Publicity Secretary, Hon.
Debo Ologunagba, on Monday described the speech as ‘unpresidential’, uninspiring and amounts to a waste of valuable time as it did not address any of the critical issues plaguing the nation.It said Tinubu employed rhetoric and failed to address the critical issues of insecurity, decayed infrastructure, comatose manufacturing and productive sectors; crushing 28% inflation rate, continuing plunge of the Naira, alarming unemployment, excruciating poverty and economic hardship occasioned by the reckless, ill-advised and insensitive policies and programmes of his administration.
“President Tinubu failed to address the vexatious issue of incompetence, insensitivity, massive profligacy, unbridled treasury-looting inherent in his administration, which have put our nation in dire strait.
“More distressing is that President Tinubu had no words in his New Year address for the Christmas eve genocidal massacre of over 200 Nigerians by terrorists in Plateau State and the murder of over 5000 citizens in Plateau and other States of the federation under his watch since May 29, 2023. What manner of a President!
“It is an unpardonable assault on the sensibility of Nigerians for President Tinubu to brazenly assert that “everything I have done in office, every decision I have taken and every trip I have undertaken outside the shores of our land, since I assumed office on 29 May 2023, have been done in the best interest of our country,” Ologunagba said.
He said that on the contrary, all decisions and actions of the Tinubu including the approval of increase in the pump price of fuel from N167 to over N700 per liter, devaluation of the naira with the consequential high costs and hardship; skewing of the 2024 budget in favour of luxury appetite of the Presidency and APC leaders without concrete policies to revive the economy and create jobs could not be said to be in the interest of the country.
Ologunagba added, “Furthermore, the undermining of the Constitution and Institutions of Democracy including attempts to emasculate the National Assembly and compromising of the Independent National Electoral Commission (INEC) through the appointment of APC card-carrying members as Resident Electoral Commissioners cannot be in the interest of the nation.”
He said the President’s claimed that his “anti-people policies”, with their calamitous consequences were in the interest of the nation further confirmed that the administration was deliberately subjecting Nigerians to hardship as a way to suppress them to surrender to totalitarianism.
“Also, in stating that from the boardrooms at Broad Street in Lagos to the main-streets of Kano and Nembe Creeks in Bayelsa, I hear the groans of Nigerians who work hard every day to provide for themselves and their families, President Tinubu has admitted that his administration has plunged Nigerians into pain, anguish and misery,” he said.
The PDP spokesman said the President ought to have used the opportunity presented by the New Year to apologize to Nigerians and marshal out plans to address national challenges, including those responsible for the exiting of multinational manufacturing companies and other businesses from the country.
“What Nigerians demand of President Tinubu is to provide a comprehensive account of our nation’s earnings including the proceeds from the removal of subsidy on petroleum products, especially in the face of allegations that the earnings are being diverted to private pockets of APC leaders and their cronies,” he said.
NEWS
Information Minister Backs NIPSS Plan to Unlock Nigeria’s Orange Economy Potential
By David Torough, Abuja
The Federal Government has pledged its support for the National Institute for Policy and Strategic Studies (NIPSS) to harness Nigeria’s Orange Economy as a driver of job creation, entrepreneurship, economic diversification and sustainable development.
The Minister of Information and National Orientation, Mohammed Idris, made the commitment on Tuesday in Abuja when the Director-General of NIPSS, Prof.
Ayo Omotayo, led a delegation from the institute on a courtesy visit.The meeting focused on the research being undertaken by participants of NIPSS Senior Executive Course 48 and plans for a National Summit and Exhibition on the Orange Economy.
Idris commended NIPSS for choosing the creative economy as the focus of its research, describing the sector as a significant opportunity to diversify Nigeria’s economy, create jobs for young people and promote sustainable prosperity.
“I want to commend NIPSS for this initiative of examining the Orange Economy and entrepreneurship for sustainable development,” the minister said.
He assured the delegation that the Ministry and its agencies would support both the research and the proposed summit. According to him, effective communication would be essential to ensuring that Nigerians and the international community understand the opportunities available in the creative economy.
“This Ministry is essentially about taking information to the public and taking it back from the public. It is a two-way thing,” Idris said.
The minister also highlighted the role of the National Orientation Agency (NOA), which has a nationwide presence, in gathering feedback on the views, needs and aspirations of Nigerians at the grassroots.
He said President Bola Tinubu’s administration remained committed to listening to citizens and adjusting policies and programmes where necessary in the national interest.
“The first question the President asks whenever I sit with him is: ‘What are Nigerians saying?’” Idris said.
To strengthen coordination, the minister said the Ministry would designate an official to work with NIPSS as preparations for the proposed summit advance.
Omotayo said NIPSS was seeking the Ministry’s partnership in its research and the planned national summit, which is expected to examine how the Orange Economy can contribute to Nigeria’s economic transformation and the administration’s ambition of building a trillion-dollar economy.
He said participants in Senior Executive Course 48 had conducted research visits across Nigeria and to several countries to examine how creative industries are being developed and leveraged for economic growth.
The proposed summit, he added, would bring together government representatives, creatives, entrepreneurs, investors and other stakeholders to explore opportunities across the sector.
“The Orange Economy is a very huge sector. We have identified about 48 subdivisions, and we believe the summit will bring out the potentials in every sector,” Omotayo said.
According to the NIPSS Director-General, Nigeria’s growing creative and digital industries have considerable potential to tackle youth unemployment while creating new avenues for entrepreneurship, investment and wealth creation.
Idris reaffirmed the Ministry’s commitment to working with NIPSS and other strategic institutions to turn research and policy ideas into practical opportunities for Nigerians, particularly young people, while strengthening the country’s position in the global creative economy.
The meeting was attended by senior government officials and representatives of NIPSS and the private sector, including Permanent Secretary of the Federal Ministry of Information and National Orientation, Dr. Binyerem Ukaire; former Minister of Information and Culture, Alhaji Lai Mohammed; and other officials.
NEWS
First Bank Backs 10th Calabar Entertainment Conference, Festival
First Bank has renewed its partnership with the Calabar Entertainment Conference and Festival (CECF) as the event’s official banking partner for the second consecutive year.
Hit FM, Cross River’s radio station and organiser of the festival, disclosed this in a statement on Tuesday.
According to the statement, the renewal underscores First Bank’s commitment to supporting Nigeria’s creative economy and platforms that promote innovation, entrepreneurship and sustainable economic growth.
The CECF, now in its 10th edition, brings together stakeholders in the creative and entertainment industries, including policymakers, business leaders, investors, artists, media professionals, content creators and young entrepreneurs.
The platform is designed to explore opportunities and challenges shaping the future of Africa’s creative sector.
The statement said First Bank would participate as a Platinum Sponsor of the two-day event through “First@Arts”, its initiative supporting the arts ecosystem in Africa.
It said the initiative provides funding, visibility and capacity-building support to artists, curators, galleries, festivals and cultural institutions.
According to the statement, First@Arts also seeks to preserve African heritage, promote creative enterprise and position the arts as a driver of economic growth and cultural diplomacy.
Patrick Ugbe, Executive Producer of CECF and Chief Executive Officer of Hit FM, described First Bank’s continued partnership as a vote of confidence in the festival’s vision.
“Having First Bank return as our official banking partner for the second consecutive year is both an honour and a vote of confidence in what we are building.
“Beyond sponsorship, this partnership reflects a shared belief that the creative industry is a powerful driver of economic development, job creation, youth empowerment and national growth,” Ugbe said.
He said the organisers were pleased to continue the partnership with the bank, whose legacy spans more than 132 years.
Olayinka Ijabiyi, Group Head, Marketing and Corporate Communications, First Bank, said the renewed partnership aligned with the bank’s strategic focus on supporting the creative economy.
“At First Bank, we remain committed to enabling success and creating value for our customers and the communities we serve.
“Our continued partnership with the Calabar Entertainment Conference and Festival aligns with our strategic focus on supporting the creative economy by providing platforms that inspire innovation, encourage entrepreneurship and unlock opportunities for sustainable growth,” Ijabiyi said.
He said the bank would continue to support the creative arts ecosystem through First@Arts.
The organisers said the two-day festival would feature keynote addresses, masterclasses, panel discussions and networking sessions aimed at strengthening collaboration across the creative value chain.
They added that the event would further promote Cross River as a destination for creative exchange, cultural tourism and entertainment business in Africa. (NAN)
NEWS
Adeleke, ASUU Differ over Tenure Extension for UNIOSUN VC
The Osun State Government has urged members of the Osun State University community to refrain from actions capable of creating needless tension in the institution, as the national leadership of the Academic Staff Union of Universities moved against the decision to extend the tenure of the institution’s Vice-Chancellor, Prof.
Clement Adebooye.The government, in a statement signed by the state Commissioner for Information and Public Enlightenment, Kolapo Alimi, obtained in Osogbo on Tuesday, faulted ASUU’s position on the two-year tenure extension recently announced for Adebooye.
ASUU had, in a communiqué issued after an emergency National Executive Council meeting held in Abuja on Saturday, September 5, declared that Adeleke’s extension of Adebooye’s tenure by two years violated the provisions of the university law.
The union subsequently mandated its UNIOSUN branch to mobilise and respond courageously to the alleged “flagrant violation of the Miscellaneous Act as amplified in the 2025 FGN-ASUU Agreement.”
The group also constituted a visitation team to the UNIOSUN branch to interact with the university administration, Governing Council and the Visitor, “in a bid to address the infraction on the two (2) years extension of the tenure of the Vice-Chancellor within two (2) weeks.”
Reacting to ASUU’s move, the government said it respected the right of every recognised staff union of the university to express its views on matters concerning the welfare and administration of the institution.
It, however, stated that the governance of Osun State University was regulated by the law and clearly defined statutory responsibilities of the Visitor, the Governing Council and other organs of the university.
It also said it was necessary to correct the impression that the decision concerning the Vice-Chancellor’s tenure was taken arbitrarily or outside the framework of due process.
“In the first place, the current tenure of the Vice-Chancellor subsists until January 2027, so the government has not taken any retroactive decision with respect to the tenure of the Vice-Chancellor. The decision by His Excellency, Senator Ademola Nurudeen Jackson Adeleke, as Visitor to Osun State University, must be understood within the context of the constitutional and statutory responsibilities of the Visitor and the subsequent legislative intervention by the Osun State House of Assembly.
“Following the Visitor’s decision, the State Legislature commenced the process of amending the Osun State University Establishment Law to provide the necessary statutory framework for the tenure extension. The amendment was subsequently considered and passed by the House of Assembly after legislative consideration of the relevant provisions.
“It is therefore inaccurate to portray the matter as though the Visitor acted in isolation or that the University’s governing framework has been disregarded. The Visitor cannot be said to have acted outside the law where the competent legislative authority has exercised its constitutional legislative function to amend the enabling law,” the statement read.
The government cautioned against attempts to create an unnecessary atmosphere of crisis, illegality or institutional instability around a matter that had been subjected to the appropriate governmental and legislative processes.
“No staff union, including ASUU, has the statutory authority to teach the Visitor or the Governing Council how to exercise powers lawfully vested in them. The University is governed by its enabling law, and not by the unilateral interpretation of any union or pressure group. It is also pertinent to state that the Governing Council remains the appropriate statutory organ for matters within its jurisdiction, just as the Visitor exercises the powers assigned to that office by the enabling framework of the University. Staff unions are important stakeholders, but they are not substitutes for these statutory organs.
“The Governor consequently urges all members of the University community to refrain from actions, statements or mobilisations capable of creating needless tension in an institution that has remained focused on its core mandates of teaching, research, innovation and community service,” the statement further read.


