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Nobel laureate Muhammad Yunus to head Bangladesh’s interim government

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Bangladeshi Nobel Peace Prize laureate Muhammad Yunus (C) talks to the media outside the Dhaka Labor Court in Dhaka, Bangladesh, 01 January 2024. Yunus will head the country’s interim government after Sheikh Hasina fled the country. Photograph: Monirul Alam/EPA © Photograph: Monirul Alam/EPA
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Story by Redwan Ahmed in Dhaka, Guardian staff and agencies

Nobel laureate Muhammad Yunus will head Bangladesh’s interim government after longtime prime minister Sheikh Hasina fled the country amid a mass uprising that left hundreds of people dead and pushed the South Asian nation to the brink of chaos.

The decision, announced early on Wednesday by Joynal Abedin, the press secretary of the country’s figurehead President Mohammed Shahabuddin, came during a meeting that included military chiefs, organisers of the student protests that helped drive Hasina from power, prominent business leaders and civil society members.

A longtime political opponent of Hasina, Yunus is expected to return from Paris, where he is advising Olympic organisers, on Thursday, when the interim government will also be sworn in.

His lawyers told the Guardian that a Dhaka court had overturned a conviction for labour law violations – one of scores of charges against him in the courts that Yunus said were part of a legal campaign of harassment prompted by Hasina.

An economist and banker, he was awarded the 2006 Nobel Peace Prize for his work developing microcredit markets. Yunus has been hailed for bringing thousands out of poverty through Grameen Bank, which he founded in 1983, and which makes small loans to businesspeople who wouldn’t qualify for regular bank loans.

Related: Sheikh Hasina: child of the revolution who eroded Bangladesh’s democracy

Other members of the new government would be decided soon, after discussions with political parties and other stakeholders, Abedin said. The president had dissolved parliament on Tuesday, clearing the way for an interim administration and new elections.

Shahabuddin also ordered the release of opposition leader Khaleda Zia from house arrest, a longtime Hasina rival who was convicted on corruption charges in 2018

Yunus, who had called Hasina’s resignation the country’s “second liberation day,” had faced corruption charges during her rule that he derided as politically motivated. He could not immediately be reached for comment, but a key organiser of the protests, Nahid Islam, said he had agreed to head the interim administration.

Islam said protesters would propose more names for the Cabinet and suggested that it would be difficult for those in power to ignore their wishes.

Hasina fled to India by helicopter as protesters defied a military curfew to march on the capital, with thousands eventually storming her residence and other buildings associated with her party and family.

Related: Under threat of jail, microfinance pioneer vows to keep lending to poorest Bangladeshis

The news that Yunus would lead the interim government came amid reports that Bangladesh’s army chief, Gen Waker-Uz-Zaman, told Hasina’s office that troops would not be able to enforce a curfew she had called for amid the protests, the night before she fled the country.

Hasina’s army chief held a meeting with his generals and decided that troops would not open fire on civilians to enforce the lockdown, according to two serving army officers with knowledge of the discussions, according to Reuters.

On Monday, Hasina resigned and fled the country after at least 300 people were killed in a crackdown on demonstrations that began as student protests against preferential job quotas and swelled into a movement demanding her downfall.

Students said the quota system disproportionately allocated government jobs to the descendants of freedom fighters from the 1971 independence war. The violence worsened on Sunday when 91 people were killed in nationwide clashes – the deadliest day since the protests began in July.

Zaman has not publicly explained his decision to withdraw support from Hasina and she could not be reached for comment. Her son and adviser, Sajeeb Wazed, also did not respond to repeated requests for comment, according to Reuters.

But India’s foreign ministry said on Tuesday that Hasina apparently decided to resign after a meeting with the leaders of the security forces. She then requested at short notice permission from New Delhi to come to India while Bangladesh authorities simultaneously sought flight clearance. According to the latest information, she is still in India.

Hasina, who has ruled Bangladesh for 20 of the last 30 years, was elected to a fourth term leading the country of 170 million in January, after arresting thousands of opposition leaders and workers. That election was boycotted by her main rivals.

Reuters contributed to this report

Politics

Breaking: Yuletide: FG declares Dec 25, 26, Jan 1 as public holidays

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By Omeiza Ajayi

ABUJA: The Federal Government has declared Wednesday 25th, Thursday 26th December 2024, and Wednesday 1st January, 2025 as Public Holidays to celebrate Christmas, Boxing Day and New Year respectively.

 

According to her, the minister extended warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.

Dr. Tunji-Ojo emphasized the importance of the season as a time to
foster harmony and strengthen bonds across families and communities.

The Minister also called on Nigerians to remain committed to the peace, unity and progress of the nation for national development.

“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” said Dr. Tunji-Ojo.

He assured citizens of the Federal Government’s continued commitment to ensuring peace, security, and prosperity across the nation.

“While wishing Nigerians a merry Christmas and a prosperous 2025, the Minister expressed his confidence in the Renewed Hope Agenda of President Tinubu’s Administration ushering in the new year, a better and prosperous economy that will be the envy of the world”, the statement added.

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Governor UZODINMA has offered yet again free transportation buses from Lagos to *Owerri, Okigwe* and *Orlu* . The buses are free for Imolites from Lagos to Imo State on *24th December* and back to Lagos on *4th January* .

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Press release

We are not fraudsters, evacuation of Imo residents in Lagos will go on – ISTDAL

Our attention had been drawn to a report where the Office of the Chief Press Secretary to the Imo State Government impersonated by unknown persons to issue a statement about a well intentioned gesture of the Governor to evacuate interested Imo indigenes resident in Lagos who wish to be home for the Christmas and New year celebrations.

In his magnanimity, Governor Uzodimma gave approval for the exercise to be carried out on December 24, 2024 for those returning from Lagos and those who would be returning to Lagos on January 5, 2025.

Unfortunately, unknown persons mischievously issued a Statement where
the name and designation of the Chief Press Secretary were impersonated as the author.

Based on that the Chief Press Secretary raised a strong statement where he called those behind the criminal and mischievous statement fraudsters, believing we were the ones behind it.

While we regret the criminal intentions of those behind the impersonation of the Office of the Governor’s spokesperson, we make bold to dissociate members of our association who are part of the evaluation exercise as fraudsters.

If anything, members of our association work in tandem with the Governor and his government for the wellbeing of our people for which this exercise is one of them.

Like the Governor, we mean well for our people resident in Lagos or any other part of the country and will not be part of moves to undermine the good intentions of His Excellency.

We put up this statement after conferring with the Chief Press Secretary and availing him with the facts regarding the exercise, and do hope that those who have already indicated interest in travelling through the channels we had earlier announced, and intending ones, should feel free to avail themselves of the opportunity.

Please, refer to our earlier announcement where the Office of the Chief Press Secretary to the Governor was not impersonated.

*Breaking news!! Breaking news!!!.*
*To all Imolites resident in Lagos.*

The Imo State Governor *Distinguished Sen. Hope Uzodimna (OON)* in line with 3Rs of His Excellency’s administration and in alleviating the stress, difficulties and hardship Imolites go through during Christmas journey, Governor UZODINMA has offered yet again free transportation buses from Lagos to *Owerri, Okigwe* and *Orlu* .

The buses are free for Imolites from Lagos to Imo State on *24th December* and back to Lagos on *4th January* .

Interested persons should please call *(ISTDAL)* *08033255565, 08092362966* or *07089303866* for seats reservation.

Please the buses are free and is on first come accreditation bases, once the seats are fully booked the registration closes, ( *_PLS DO NOT PAY ANYBODY ONE KOBO_)*

Please the buses are *NOT LUXURIES BUSES* , so only passengers with a small sizable bags will be allowed. (no big boxes or load is allowed)

The buses will leave on Tuesday 24th December at exactly *7.15am* to Owerri, Okigwe and Orlu.

The departure point will be made available after your registration, *(if you are not captured on accreditation, pls don’t bother coming as only accreditated passengers are allowed)* and please indicate your direction.

Call *Chima Davis* on the above numbers as soon as possible for accreditation ahead of time, you *must prove* you are from Imo State.

Note: the bus will not stop or drop any passenger until it passes Ihiala unto Imo State.

Thanks and best regards

*_C@davis 21.12.24_*

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FG Sets Aside ₦27bn For Obasanjo, Gowon, Buhari, Others In 2025

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The Federal Government has allocated ₦27 billion for the entitlements of former presidents, vice presidents, heads of state, chiefs of staff, retired heads of service, and professors in the 2025 fiscal year.

The beneficiaries of this allocation include former Presidents Olusegun Obasanjo, Goodluck Jonathan, and Muhammadu Buhari, alongside ex-vice-presidents Atiku Abubakar, Namadi Sambo, and Prof. Yemi Osinbajo. Other notable individuals expected to benefit from this allocation are ex-military Heads of State, Gen. Yakubu Gowon (retd.) and Gen. Abdulsalami Abubakar (retd.), as well as former military President, Ibrahim Babangida, and retired Chief of General Staff, Commodore Ebitu Ukiwe.

It can be recalled that President Bola Tinubu on Wednesday presented the 2025 budget, titled ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ to a joint session of the National Assembly. The ₦49.70 trillion spending plan prioritizes defence, infrastructure, and human capital development, with a projected ₦13.39 trillion deficit to be financed through borrowing.

The Federal Government has allocated ₦1.4 trillion for pensions, gratuities, and retirees’ benefits. This allocation includes ₦2.3 billion for former presidents, heads of state, and vice presidents. Retired heads of service and permanent secretaries will receive ₦10.5 billion, while retired professors in universities will get ₦13.5 billion. Additionally, ₦1 billion has been allocated for retired heads of government agencies and parastatals. The total allocation for these groups amounts to ₦27 billion.

Furthermore, the budget allocates ₦46 billion for civilian pensions under the Office of the Head of Civil Service, while ₦383.9 billion is earmarked for military pensions and gratuities. An additional ₦66.8 billion is budgeted for expected retirees, with ₦434 million allocated for administrative charges, ₦596 million for pension running costs, and ₦870 million for medical retirees.

The Federal Government has also set aside funds for various social investment programs, including the student loan scheme, National Poverty Reduction with Growth Strategy programs, National Home Grown School Feeding Programme, and the Consumer Credit Fund initiatives. A total of ₦500 billion has been allocated for these programs, with ₦50 billion specifically earmarked for the student loan scheme.

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