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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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Harrison Gwamnishu: Delta State Aide Resigns Over Insecurity Concerns

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Asaba, April 25, 2025 – Harrison Gwamnishu, Senior Special Assistant on Civil Society and Youth Mobilization to Delta State Governor Sheriff Oborevwori, has resigned from his position effective immediately.

In a letter addressed to the Governor, Gwamnishu cited the state’s worsening insecurity situation as the reason for his resignation. Despite repeatedly bringing concerns and proposed solutions to the administration’s attention, Gwamnishu expressed disappointment that meaningful action has not been taken.

“I have come to the unfortunate realization that meaningful solutions are not being accepted by your administration,” Gwamnishu stated.

The resigned aide emphasized his commitment to the safety and well-being of Delta State communities, but lamented the lack of prioritization of insecurity issues.

Gwamnishu’s resignation letter has sparked renewed calls for the government to address the state’s security challenges.

The Governor’s office has yet to comment on the resignation.

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Your 100 days as president hell for American people – US Senator knocks Trump

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US Senate Minority Leader, Chuck Schumer, a New York Democrat, has criticized President Donald Trump as he marks 100 days of his second stint in the White House this week.

Schumer said Trump’s first 100 days as president have been hell for the American people.

Trump was inaugurated as the 47th president of the United States on January 20, 2025.

His first 100 days of his second presidency will end on April 29 (Tuesday).

However, in a tweet via his X account on Monday morning, Schumer said: “Donald Trump’s first 100 days as president have been 100 days from hell for the American people.

“His first 100 days have been the worst for any president in modern history.”

This is coming after Schumer recently hailed the decision by a federal judge to temporarily block the Trump administration’s efforts to rescind collective bargaining rights from employees at nearly a dozen government agencies and departments.

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Tinubu pushing Nigeria toward economic ruin – PDP chieftain warns

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Umar Sani, former spokesperson to ex-Vice President Namadi Sambo and a prominent chieftain of the Peoples Democratic Party (PDP), has accused President Bola Ahmed Tinubu of implementing policies that are steering Nigeria toward economic collapse.

In a statement issued on Sunday, Sani alleged that Tinubu’s administration is pursuing a “state capture agenda” and working to entrench a one-party system at the expense of the nation’s economic and political stability.

Sani criticized several key policy decisions taken by the President, particularly the removal of fuel subsidies, the floating of the naira, and the hike in electricity tariffs, describing them as reckless moves that have deepened poverty across the country.

“On the very first day in office, President Bola Ahmed Tinubu demonstrated a startling lack of compassion for Nigerians,” Sani stated.

“He admitted that two crucial decisions, removing fuel subsidy and altering the exchange rate regime, were announced spontaneously from the podium after his swearing-in.

“He confessed it took great courage to make those pronouncements.”

According to Sani, the removal of fuel subsidies and the floating of the naira unleashed “skyrocketing prices and hyperinflation,” severely damaging the economy and impacting the daily lives of millions of Nigerians almost immediately.

He further faulted the restructuring of electricity tariffs into Bands A, B, and C, accompanied by steep price increases, arguing that the move has worsened the hardship facing ordinary citizens.

“The categorization of electricity consumers and the sharp price hikes have only added to the burden of an already struggling populace,” Sani said.

The PDP stalwart also pointed to the removal of subsidies on agriculture, livestock, and credit schemes, warning that these actions have “pushed more citizens into poverty and sparked protests across the nation.”

Highlighting mounting resistance to Tinubu’s proposed tax reform bill, Sani maintained that the policies of the current administration show a deliberate disregard for the welfare of Nigerians.

“The economic devastation we are witnessing today is a direct consequence of ill-conceived and hastily implemented policies. Tinubu is pushing Nigeria toward economic ruin,” he declared.

Sani concluded by urging Nigerians to remain vigilant and resist any attempt to undermine the country’s democracy or economic future.

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