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Student Loan In An Unproductive Economy Will Create More Confusion – Anaenugwu

The unitary federalism we practiced today in Nigeria is the root cause of our present conditions in Nigeria. Let us face the root cause of our problem . Student loan will further keep us in a state of slavery.

A copy and paste education will never take our children any place . Tinubu should not distract us with student loan. Truth be told , Nigeria feeding bottle federalism is designed to keep us in perpetual state of slavery and confusion!

To achieve Good Governance and productive society driven by law and order , we must support all efforts for autonomous Regional Government like we have in 1963 though with modifications or we go our separate ways like Nigeria before 1914.

Student loan to fund certificate education without industrial revolution will definitely fail on arrival. We dont need colonial education system but indigenous education that will set up agro and allied industries in our communities.

Ndubuisi Anaenugwu is Ambassador – General of Good Governance Ministry (GGM)

Sad Day for Football: Coach Eriksson Passed on

Eriksson passed away on Monday, August 26, at his home accompanied by his family. It was on January 2024 when Eriksson, had shockingly announced his diagnosis, also revealing that he had survival chances up to a year “at best”.

Sven-Goran Eriksson, the renowned Swedish football manager and England’s first overseas national team coach, has passed away at the age of 76 after a long battle with terminal cancer. His death was confirmed by his agent, Bo Gustavsson, through UK PR agent Dean Eldredge.

Eriksson passed away on Monday, August 26, at his home accompanied by his family.

It was on January 2024 when Eriksson, had shockingly announced his diagnosis, also revealing that he had survival chances up to a year “at best”. Even before the announcement,Eriksson had also stepped down from his role of sporting director at the Swedish club Karlstad in February 2023, citing his increasingly deteriorating health.

We would like to express our sincere condolences to the family and friends of Sven-Goran Eriksson, who has passed away at the age of 76.

Rest in peace, Sven. 🩵

Exchange Rate: Naira Depreciates Further Against Dollar

The Nigerian Naira has plummeted to a record low, depreciating by N72.58 against the US dollar in July 2024.

According to the FMDQ financial market report, the average exchange rate stood at 1,560.32 Naira per dollar, a 4.88% increase from the previous month.

The foreign exchange market turnover also surged to $7.39 billion, a 10.02% month-on-month increase.

In Naira terms, the turnover stood at N11.48 trillion, higher than the N10.01 trillion traded in June.

The Naira’s volatility has raised concerns, with the currency trading between N1,500.32 and N1,621.12 per dollar in July.

However, the value of the Naira appreciated by 62 basis points to N1,570.14 per dollar at the official market last week.

The Central Bank of Nigeria’s Business Expectations Survey report predicts further depreciation in the next three months but expects appreciation in six months.

The development has sparked worries about the country’s economic stability and the impact on citizens.

(Tribune)

Breaking:30 Unknown Gunmen & Kidnappers Killed In Enugu

The police said about 30 kidnappers terrorising Enugu and its environs were killed in shoot-outs with security operatives at various locations across the state in the past two weeks.

Among those caught in the crossfire were members of the Biafra Auto Pilot, otherwise called Unknown Gunmen, a breakaway faction of the proscribed Indigenous People of Biafra (IPOB) led by the Finland-based Simon Ekpa.

Quoting a police source Wednesday, Governor Peter Mbah’s media office said a Police Superintendent, SP Onochie Ezeh, led a joint security operation to rescue some kidnap victims at Ugwuogo Nike-Opi Road in the early hours of Wednesday.

The operation, the statement said, led to the killing of a seven-man gang kidnappers at Ogbeke Nike where they used a large poultry farm to hide their hostages.

Ezeh said the feat was part of the sustained operations in the state to flush out criminals operating from other neighboring states, including kidnappers, unknown gunmen and other unscrupulous elements.

He said: “We were on the trail of these kidnappers for more than three months now. They had been operating within this axis where they kidnapped their victims and kept them at a large poultry farm at Ogbeke Nike until ransoms are paid.

“So, on a tipoff from members of the public who suspected the strange movements in the area and the accounts of some of the victims of these criminals, we swung into action. On sighting us, these men of the underworld opened fire on my men, and we quickly retaliated and overpowered them with our superior firepower.”

He said the combined security task force, set up by the Governor Mbah, as a tactical squad against kidnappings and activities of unknown gunmen, also recorded some breakthroughs in policing the state and flushing out criminal elements.

The police chief said: “This is a gallant crack squad with the mandate to eliminate every form of threat in the state. We have recorded huge successes over the past months. You know our role is not to rush to the media to tell our story but to ensure that every citizen and resident of the state has peace.

“I can tell you that we have already neutralized over 7 criminal gangs who were mostly kidnappers and unknown gunmen. We are going after them. We are taking the battle to their doorsteps because the governor said we should not come back home if we don’t completely rid the state of threats.

“So we are on it. In fact, during our operations, we identified many criminal hideouts that serve as rogue premises where kidnap victims and dangerous weapons are kept. These places include New Artisan Market, Akwuke community, Akegbe-Ugwu, Four Corners, Awgu, Mgbowo, Emene, Eke and Afa in Udi and some parts of Isi Uzo local government. During rescue operations, we were able to neutralize over 30 of the kidnappers and recovered guns and valuables.”

Narrating her experience and the trauma she passed through in the kidnappers’ den, a survivor, Dr Kate Pamela, said: “Each time I pass through that poultry, I feel I have been denied justice by still allowing it to operate. They kidnapped us and kept us there for five days. They even killed two of the victims because their families could only afford ten million naira each against the fifty million naira demanded. Notwithstanding that I was able to identify the bodies of three of the kidnappers when they were killed; I still feel that the area should be cleared. Government must ensure justice by turning that place to a landfill.”

ICYMI: Step-by-step guide on how to modify NIN details from home

In recent times, Nigerians have faced significant challenges with identification verification, particularly the stress of queuing at National Identity Management Commission offices and designated centers.

As the agency responsible for managing Nigeria’s national identity database, NIMC has been pivotal in this process, but the associated logistical hurdles can be daunting for many.

To alleviate this burden and streamline the process, PUNCH Online has developed a comprehensive DIY guide designed to empower individuals to manage their NIN (National Identification Number) details modification from the comfort of their homes.

 

Details about the personal update and modifications were retrieved from the NIMC social media handles late Wednesday.

This step-by-step guide provides clear instructions for updating your personal information—whether it’s your name, address, date of birth, or other details—without the need to visit a physical NIMC office.

With this straightforward guide, Nigerians can now effortlessly update their National Identification Number details, avoiding the inconvenience of long queues and ensuring that their personal information remains accurate and current.

PUNCH Online reports that the NIN is used as a unique identifier for Nigerian citizens and legal residents in various administrative processes, including accessing government services, opening bank accounts, and verifying identity.

To be eligible to use the NIMC short code, make sure your phone number has met the following requirements:

– Make sure your phone number is linked to your NIN registration to use this shortcode service.

– Modification requests are subject to verification and approval by NIMC.

– You may be charged a fee for the modification service.

 

Source: Punch News

Future of Nigerians mortgaged by Tinubu, family – Atiku

The candidate of the Peoples Democratic Party (PDP) in the last election and former vice president of Nigeria, Atiku Abubakar, on Wednesday alleged that the future of Nigerians is being mortgaged by President Bola Tinubu, his family, and associates.

Atiku, in a statement signed by his Media Adviser, Paul Ibe, on Wednesday, said he believes that even after Mr Tinubu leaves office, breaking these shackles will be nearly impossible.

Atiku compares Mr Tinubu’s integration of his business interests into Lagos’s public enterprises to his efforts at the federal level.

“Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue for him and his family, he has begun to replicate this at the federal level,” he said.

He expressed astonishment at the operations of the Nigerian National Petroleum Company Limited (NNPC Ltd) and how the government-owned oil company had put its retail arm under the control of OVH, a company in which Oando, led by Wale Tinubu, a relative of the president, owns 49 per cent.

The statement said Atiku regretted that his intention to privatize the NNPC and increase its transparency has been overshadowed by what he describes as the “criminal hijacking of the NNPC by corporate cabals around the current president.”

“In October 2022, just five months before the elections, the NNPC Retail controversially announced it had acquired OVH and all its filling stations. NNPCL already had about 550 filling stations across the country but claimed it was enhancing its capacity by acquiring OVH, which had only 94 stations and 100 others leased.

“The NNPC did not disclose the purchase price of OVH or the terms of the acquisition. A Freedom of Information request by Premium Times was also rejected by the NNPC, which claimed to be a private company despite still being government-owned,” he said.

Following this controversial deal, he said Mele Kyari, the NNOC boss, was controversially retained as NNPC group managing director “despite his incompetence.”

“Tinubu then appointed his former boss at Mobil, turned ally, Pius Akinyelure, as NNPC Chairman, while he took on the role of Minister of Petroleum.

“In a move that defies economic logic, OVH, previously owned by NNPC Retail, has now acquired NNPC Retail. This absurd situation means that Wale Tinubu’s Oando now owns 49 per cent of NNPC Retail,” he said.

Atiku said Nigeria paid Wale Tinubu a significant sum to facilitate the Tinubu family’s acquisition of the national oil company.

He said this represents a clear case of illogical business transactions and abuse of office by Mr Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the Petroleum Industry Act (PIA).

PREMIUM TIMES reported how OVH Energy effectively took control of NNPC Retail’s management, prompting an NNPC insider to describe the deal as “the most ridiculous business acquisition in the world”.

The former vice president acknowledged that the NNPC and its leadership are under legislative investigation but expressed scepticism about the process’s credibility due to the vested interests of those conducting the investigation.

“Senator Opeyemi Bamidele, who is heading the National Assembly panel, is a known supporter of Tinubu. He served as a commissioner under Tinubu in Lagos State and publicly called him his godfather,” Atiku said.

He said that since Tinubu is the Petroleum Minister, he should be held responsible for the sector’s issues.

“I doubt Bamidele will conduct a thorough investigation that might implicate his patron,” he added.

Commenting on the recent revelation that the Lagos-Calabar Coastal Highway project is under litigation, Atiku explained that the Organised Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, reported that the coastal highway project has been taken to court and revealed a close relationship between Tinubu’s son, Seyi, and Gilbert Chagoury, who was awarded the contract without competitive bidding.

“I had earlier claimed that the Lagos-Calabar Coastal Highway project was fraudulent, but the government denied it. Now, the matter is in court. It is also concerning that Chagoury and Tinubu have a business relationship, and their children are business partners, as revealed by the OCCRP.”

This, he said, indicates a conflict of interest.

“It is no surprise that the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Coastal Highway, which together will cost over $24 billion, were approved without competitive bidding. It seems that whatever Tinubu wants, he gets,” he said.

 

Source: Premium Time News

Exchange Rate: Naira Gains Ground Against Dollar at the Parallel Market

The Naira gained ground in the parallel market on Thursday, appreciating to N1,600 per dollar from the previous day’s rate of N1,615 per dollar.

In contrast, the Naira weakened in the Nigerian Autonomous Foreign Exchange Market (NAFEM), where it depreciated to N1,586.11 per dollar, according to data from FMDQ. This marks a significant drop from the N1,543.84 per dollar recorded on Wednesday, representing a N42.27 decline.

The volume of dollars traded in NAFEM also saw a sharp decrease, with turnover falling by 30 percent to $120.2 million, down from $171.79 million the previous day. As a result, the gap between the parallel market and NAFEM rates narrowed significantly to N13.89 per dollar, compared to N71.16 per dollar on Wednesday.

Breaking: Doctors In Anambra Withdraw Services Over Insecurity

The Nigerian Medical Association (NMA) in Anambra has ordered its members to cease clinical services in all private and public hospitals, effective Thursday night.

This directive is outlined in a statement issued in Awka by the branch chairman and secretary, Princeston Okam and Ifeanyi Obiaeli, following the association’s emergency general meeting on Thursday.

The decision is a protest against the kidnapping of their colleague, Stephen Ezeh, who has been in captivity since August 15. The NMA had previously warned on August 19 that if Mr. Ezeh was not released by his captors within 48 hours, they would initiate a strike. Despite this ultimatum and their appeals to the Anambra government, Mr. Ezeh remains in captivity, exacerbated by his health challenges.

“NMA Anambra hereby directs all doctors in the state to immediately withdraw clinical services in all federal, state, private, mission, institutional, and corporate hospitals until our member is released,” the statement read.

The NMA will closely monitor compliance with this directive through its ‘Strike Monitoring Team,’ and hospitals or members who do not comply will be blacklisted and penalized according to congress resolutions.

The statement also urged the Anambra government to mobilize all necessary security agencies and resources to ensure the timely and unconditional release of the abducted member.

“While we acknowledge the hardship this withdrawal of services will cause the people of Anambra, we appeal to the state government to expedite action towards securing Eze’s release to restore normalcy to the health system.

NMA Anambra’s leadership will continue to collaborate with all relevant government agencies to achieve a healthy and secure community.”

Additionally, the NMA commended Governor Charles Soludo and the health commissioner, Afam Obidike, for their efforts to improve healthcare delivery and security in Anambra.

They also praised doctors for their dedication and commitment to providing quality healthcare to the people of Anambra.

Why we started Good Governance Ministry (GGM)- Anaenugwu Ndubuisi (August 2024)

The problem with our current political class is greed and abnormal appetite for consumption and perhaps building an unsustainable consumption pattern.

The northern and south western political and military Elites are using the advantages of civil war that ended in 1970 to exploit and enslave the victims of that war and sadly the entire Nigerian masses ended up being the victims. The political and military elites have continued to use unitary constitution in the name of federal constitution to retain political power at the centre ,thereby frustrating innovation and creativity that would have enhanced a productive environment where every Nigerian would be engaged in viable and productive activities.They abhor true federalism which will guarantee equitable redistribution of our human and mineral resources.

The political ,business, military and religious elites have amassed so much wealth for the generations of their children and grand children, hence the widening income inequalities that have threatened the corporate existence of Nigeria.

Everything is wrong with current Nigeria system.The system is designed and structured to keep the working class in perpetual slavery while the poor are abandoned in state of penury .

Millions of youths in Nigeria are jobless and those in Europe and America work as modern slaves . These political and military elites are heartless and most wicked that they have sold their souls to the devil!

Millions of Nigerians are too docile when it comes to the issue of politics ,Governance and holding people in Government accountable,hence GGM has come to give the working class and the ordinary people sense of direction .

GGM is here to engineer the building of modern society that will meet the expectations of 21st century and beyond . GGM working with a revolutionary online media – BVI Channel 1 and with like-minded people across our political space is determined to take Nigeria political class by storm and like rampaging soldiers will bulldoze the entire criminal political structures in Nigeria . We have proven that the power of the people is supreme and we shall continue mobilizing the people in line with Constitution of FGN chapter 14(2a &b)

We have learnt an obvious lesson : that the leader of GGM – Chinedu Asuzu or any chosen candidate can win the Governor of Anambra State or any chosen State : for the power of the people is the greatest. They have been deceiving and dividing the people with money , ethnicity and religion . Now ,we are wise ,we will choose our Leaders goingforward no matter how long it takes!

The awareness has been created and people eyes have been opened to know that political power belongs to the people .

Good Governance Ministry is here to organize the people to pursue ideological politics . The Nigeria politicians could disappoint the people but GGM will always be there for the ordinary people.

We are on the part of history. We can do it together. You can be a GGM Ambassador in your Street/Community. Step out to be counted . Contact us via 08104207522 or send email to ggovernanceministry@gmail.com

Ndubuisi Anaenugwu
GGM Ambassador General

What Do Ndigbo Want From Nigeria – Ndubuisi Anaenugwu GGM

what do the Igbos want politically and economically?

Lets begin to address the question and let the debate begins !

To me and Good Governance Ministry (GGM ) , ndigbo desire a competitive confederal system of Government where each federating unit will have control of her destinies .

APC has been in charge of the powerful federal Government and we have not seen a sincere effort to make Nigeria competitive and productive . It has remained sharing of cake( crude oil revenue) from Abuja instead of allowing the federating units to bake their cakes. This feeding bottle federalism cannot stand the test of time and APC under Tinubu has consolidated the sharing of our Commonwealth while millions of Nigerians are jobless and slaves in the Lord Luggard created entity.

Therefore , Hon Kalu agenda should be resisted by all -well meaning Ndigbo. Let him continue to enjoy the sharing of our Commonwealth with his family and friends. The judgement day is fast approaching.

Ndigbo are productive and bakers of cake .

Ndubuisi Anaenugwu,GGM