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The federal government has apologised to Nigerians over the current hardship in the country.

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The Minister of Budget and Economic Planning, Atiku Bagudu, tendered the apology in Abuja yesterday, May 22, at the Ministerial Sectoral Update as part of activities for the one-year anniversary of President Bola Ahmed Tinubu.

He said the way-out “is to restore macroeconomic stability that will ensure that investors, both domestic and international, put their faces in our economy once again. And we are all doing this without a blame game.”

He added, “And I apologise for the pain that they may occasion, but they are necessary.

“So, not surprisingly, the exchange rate is not yet where we want it to be. Inflation is not yet where we want it to be.

“Is our strategy right? Absolutely. We believe our strategy is right, but it requires occasional calibration. Put good money to use.

“Nothing we do can solve the problem of underinvestment in various sectors of the economy, be it security, be it education, or be it social welfare, without restoring a macro-economy that can simulate investment in our economy, which will generate revenues for us to fix security.

“Our infrastructure is not catching up with our dreams. Our educational system and our health system are suffering from underinvestment, in addition to our other sectors, the creative economy, the digital economy, and the steel sector.”

 

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Politics

Until a president from Igbo extraction emerges, Nigeria will remain a persistent rhetoric of ethnic origins in leadership debates—— Segun Sowunmi (PDP chieftain)

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April 19, 2025

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‎In an interview via MIC On Podcast, PDP chieftain Segun Sowunmi expressed his long-standing concern over the imbalance in Nigeria’s political leadership, particularly the continued exclusion of the Southeast from the presidency.

His reflection was rooted in a personal sense of fairness and national unity, which, he revealed, had often restrained his own presidential ambitions.
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‎Sowunmi recounted how Nigeria’s leadership history—from Olusegun Obasanjo to Umaru Musa Yar’Adua, Muhammadu Buhari, and now Bola Tinubu—has excluded the Southeast.

He believes that for Nigeria’s democracy to truly mature and for conversations around leadership to evolve beyond ethnicity, a President of Igbo extraction must emerge.

According to him, only then can the country move past the persistent rhetoric of ethnic origins in leadership debates.
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‎He expressed hope that Peter Obi, as a prominent figure from the Southeast, would consolidate his political strengths, not just for his personal ambition, but for the broader goal of national inclusiveness and stability.

Sowunmi stressed that Nigeria’s founding structure as a federation of three regions—Eastern, Western, and Northern, should reflect in its leadership history.
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Politics

Fubara calls on Rivers People to Support President Tinubu

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April 19, 2025

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‎There have been several reactions from social media users after the governor of Rivers state, Siminalayi Fubara announced that Rivers people should support President Bola Ahmed Tinubu.
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‎This was contained in a report that was published on the official X handle of THE CABLE on Saturday. This is coming after the President suspended the governor and replaced him with Rtd Vice Admiral Ibokette Ibas.
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‎In the report that surfaced online, Fubara said Rivers state people should support the Renewed Hope Initiative. In his Easter message, he advised the people to be law abiding.
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Northern Youths condemns Tinubu’s Alleged Refusal to Transfer Power to vice president Shettima ‎

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April 19, 2025

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‎According to reports from Vanguard on Saturday, April 19, the Northern Youth Council of Nigeria (NYCN) has strongly criticized President Bola Ahmed Tinubu over what it describes as his refusal to temporarily delegate presidential authority to Vice President Kashim Shettima during a recent trip abroad.
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‎In a statement issued by the Council’s National President, Isah Abubakar, the youth group condemned the alleged action as a violation of constitutional guidelines and a disregard for democratic practice.

Abubakar noted that the 1999 Constitution clearly outlines the process for the transfer of power when the president is absent or unable to perform his duties, emphasizing that ignoring this provision sets a dangerous precedent.
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‎“This action not only breaches established constitutional procedures but also challenges the integrity of Nigeria’s democratic foundation,” Abubakar stated.

“Failure to follow due process during periods of absence signals a disregard for both the Constitution and the office of the Vice President.”
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