National
Akpabio Promises effective oversight to block revenue leakages
***Says Revenue streams available to the country would be expanded
The newly elected Presidebt of the Senate, Godswill Akpabio has promised to engender effective oversight of the executive arm of Government to block revenue leakages
He also promised to work with his colleagues to expand the revenue streams available to the country especially from the huge but largely unregulated natural and solid mineral resources base.
Akpabio who gave the indication during his acceptance speech after he was elected President of the 10th senate spoke against the backdrop that the last administration of former President Muhammadu Buhari had plunged the country in to debts running into 56 trillion or $95.77 billion
The additional sources of revenue he said will be used to build the nation’s resilience to shocks and stresses resulting from the fluctuation of oil prices in the international market.
According to him, the expansion of revenue sources coupled with effective oversight which his leadership will engender to block loopholes for revenue leakages and wastages at ministries, departments and agencies will help to shore up needed revenue for effective governance
Akpabio also promised that his senate leadership will not witchhunt his opponents in the struggle for the senate presidency
“I extend my sincere hands of fellowship to all of us, including those who, at a time, may have had different opinions regarding the leadership of the Senate. “These expressions of differing and opposing opinions and views are but the fabric that democracy is made of.
“Many of the challenges we have had, and many of the defining moments of our historic journey as a nation towards true democracy, have been met and made by those who have hitherto occupied this seat.
“I am therefore immensely grateful not only for the great trust you have placed in me today by electing me as the President of the Senate but also for the opportunity to serve our great nation, the Federal Republic of Nigeria.
“I assure you, Distinguished Senators, that I am mindful of the enormous responsibilities that this position calls for. You will have my cooperation in all matters and our joint efforts will be one of team-work.
“Democracy, ultimately, has to do with choice, and there can be no real choice where and when there are no alternatives. It is time now to go forward with the task set before us as a collective body – the promulgation of laws and enactments for the well-being and security of the country and as a check on the executive arm of the government of the Federal Republic of Nigeria, in our oversight functions.
“Together, we shall reach and surpass the expectations of the Nigerian people regarding us, and our roles in building a better, safer, more inclusive, prosperous, efficient and ethical country.
He said President Bola Tinubu is committed to a strong economy, national security, inclusion and the rule of law.
“The antecedents of Mr President and his actions in office these past two weeks give not just a pointer but bear witness to an executive government that knows the challenges of the country and is in a hurry to resolve same.
“We should therefore, anticipate an executive that is pro-active, progressive and practical.
“Our laws must therefore, align with the vision of Mr. President to protect and provide for our people at the innermost core of their essence while our actions must also guarantee the best and most efficient use of our national commonwealth.
According to him, government being a continuum the Senate is no less so.
“We shall therefore, further strengthen the legislative space in continuation of the laudable efforts made by the 9th Senate under the able leadership of H.E. Senator Ahmed Lawan, GCON, President of the 9th Senate. Chief among these are:
On gender matters he said he will work with specific affirmative provisions to guarantee women’s inclusivity on issues relating to persons with special needs and equality
He promised that the Senate will make laws that will engage, empower and reward the resourceful and innovative youths in terms of protection of intellectual innovations and property, and improved access to finance for technological start-ups.
“We must recognize and prepare for a mid-21st century global economy that places a premium on intellectual content and knowledge, and our young men and women must be supported to engage competitively
“We will, as a forward-looking Senate, pass laws that emphasize economic viability, social acceptability and environmental sustainability, to encourage alternate and green technologies without prejudicing our developmental needs.
“We must, therefore, as a Senate, rise to partner with His Excellency the President of the Federal Republic of Nigeria, and provide the required legislative framework and legal environment for him to anchor the policies and programmes that he espouses for the country.
“In doing this, I will particularly like to address our Distinguished colleagues from other parties. Yes, we may have come to the National Assembly through the instrumentalities of different political parties, so it is appropriate to recognize and respect our differing perceptions and positions on issues that will be brought before this chamber. “However, in all matters of national interest, we are enjoined to remember that we are first and foremost, Distinguished Senators of the Federal Republic of Nigeria, before our roles as representatives and members of our individual political parties.
“There is therefore, every reason to support good policies and programmes of the federal government, and I call on you to put this national interest first at all times.
“Our Senate, the 10th Senate of the Federal Republic of Nigeria, will be a senate for all Nigeria. Together, we shall be greater than the sum of our individual political parties.
“On my part, Distinguished Senators, I affirm that this leadership shall be yours. It shall be a servant leadership; it shall be an uncommon leadership.
He promised Nigerians that their dreams, aspirations and well-being will be at the heart of everything they will do in the 10th Senate.
“I urge you to remain hopeful, steadfast, and united. Nigerians must remember that the nation is caught up in global challenges and upheavals which have far reaching consequence; the impact of armed conflicts in Europe and Africa, as well as global political and economic realignments are but a few of these events impacting Nigeria, other countries in Africa and even beyond.
“Our Senate will remain watchful of, and will be responsive to, these events.
He expressed gratitude to God Almighty the creator of the universe, who alone he said is supreme and worthy of all glory, honour, majesty, dominion and power.
“I bow before you and acknowledge your inestimable control of all that we do and that we are.
“Today marks a historic moment as we embark on a new chapter in the Senate. Distinguished Senators, today, I stand before you humbled, honored, and filled with an overwhelming sense of gratitude and responsibility as I acknowledge and accept your call to serve as the President of the Senate of the Federal Republic of Nigeria.
“I assure you that I will discharge the responsibilities of this office with utmost dedication, integrity, and fairness.”
He said he is humbled because their choice reflects the collective will of the Senate, the assembly of Nigerians whose role and responsibilities for Nigeria is at the apex of the demands of true patriotism, loyalty and devotion to the country.
“As the Senate, you represent the entire country and your choice is a reflection of the choice of your constituents, of all Nigeria. And I thank you very sincerely for it.”
National
Senator Natasha Calls for Economic, Cultural Renaissance in Northern Nigeria
The Senator representing Kogi Central in the National Assembly, Natasha Akpoti-Uduaghan has called for a rebirth of Northern Nigeria’s economy and cultural identity, urging the region to reclaim its historical standing as a center of agricultural and industrial prosperity. Speaking at the Sardauna Memorial Day in Kaduna, the senator emphasized the urgent need to revitalize the region’s economic output, which has sharply declined in recent decades.
Senator Akpoti-Uduaghan evoked the legacy of the Sardauna of Sokoto, Ahmadu Bello, whose leadership policies fostered economic growth and industrialization across Northern Nigeria in the mid-20th century.
She stressed that the once-thriving agricultural and industrial sectors in the region have deteriorated, diminishing its economic influence.
A Look Back to Economic Glory
The senator lamented the downfall of key industries, highlighting the sharp decline in Northern Nigeria’s groundnut industry. She pointed out that in 1959, groundnut exports from Northern Nigeria to the United Kingdom were valued at £27 million—equivalent to ₦3.6 trillion today. However, she noted that the industry now generates a meager $3 million annually, signaling a significant loss in economic potential.
“The collapse of the groundnut trade and other key industries represents a tragic loss to our region,” Akpoti-Uduaghan said. “We were once an economic powerhouse, but now, we are seeing a shadow of what we once were.”
The senator also cited the fall of the cotton industry, once integral to both local and global economies, with the Kaduna Textile Mill serving as a vital employment hub. Today, she said, the cotton industry has all but vanished, despite the global market generating $21 billion annually.
Senator Akpoti-Uduaghan urged Northern leaders to adopt a more progressive, developmental mindset to revive the region’s industries. She called for strategic planning and innovation to rebuild the entrepreneurial ecosystems that once flourished.
“It is crucial that we focus on rebuilding our economic resilience. We must move beyond dependence and work towards a prosperous future by harnessing our agricultural and industrial potential,” she urged. “This is the time for bold leadership.”
In her speech, Akpoti-Uduaghan also discussed the importance of economic diversification, acknowledging that while recent tax reforms have raised concerns, the region’s resistance is due to its lack of preparedness. She emphasized that a diversified economy would better withstand such changes, pointing out that a thriving groundnut industry could have alleviated the shock of economic reforms.
“Had we maintained a strong agricultural base like the groundnut industry, these reforms wouldn’t be as disruptive,” she said. “It’s time to stop making excuses and take concrete steps toward economic renewal.”
The senator further stressed the importance of preserving the North’s cultural heritage as part of the region’s revival. She called on all stakeholders—leaders, civil society, and citizens—to collaborate in protecting the cultural values that have defined the North for centuries.
The Sardauna Memorial Day event, which honored the legacy of Ahmadu Bello, saw the attendance of prominent figures such as Kaduna State Governor Senator Uba Sani, represented by Abdulazeez Ishak, and Northern Elders Forum Chairman, Prof. Ango Abdullahi.
Senator Akpoti-Uduaghan’s impassioned address has sparked renewed conversations about the North’s potential to reclaim its role as a major economic force in Nigeria.
With a call for innovative leadership and economic rejuvenation, the senator is leading the charge for the region to restore its economic vitality and cultural prominence.
National
Alaafin Oyo Throne: Makinde Seals Royal Transition Amid Kingmakers’ Rift
Governor Seyi Makinde of Oyo State has officially presented the staff of office to Prince Abimbola Owoade as the new Alaafin of Oyo, solidifying a royal transition that has sparked controversy among the Oyomesi, the traditional kingmakers of Oyo.
The ceremony, held on Monday, comes nearly three years after the passing of the late Alaafin, Oba Lamidi Olayiwola Adeyemi III, and despite resistance from five members of the Oyomesi, who argued that Prince Owoade’s selection was not legally sanctioned.
In a letter addressed to Governor Makinde, the dissenting kingmakers, represented by Adekunle Sobaloju (SAN), maintained that Prince Luqman Gbadegesin was their preferred candidate. The letter was signed by prominent Oyomesi members, including High Chief Yusuf Akínade (Bashorun of Oyo) and others acting as stand-ins for key traditional roles.
However, the state government defended its decision, with Commissioner for Information and Orientation, Prince Dotun Oyelade, stating that Owoade’s selection followed rigorous consultations and divinations, aligning with royal traditions.
The new Alaafin hails from the Owoade-Agunloye royal family and brings a distinguished academic and professional background to the throne. He holds degrees in Mechanical Engineering from both the University of Sunderland and Northumbria University in the UK and has served in key engineering roles, including his current position as a Project Coordinator at Manitoba Hydro, Canada.
This historic moment signifies a fresh chapter for the Oyo monarchy, even as it stirs discussions on the balance of power between the government and traditional authorities. As Prince Abimbola Owoade ascends the throne, the state looks forward to a reign that fosters unity and development for the Oyo Kingdom.
National
Mambilla Power Saga: Nigeria’s Cross-Examination Debacle Looms at ICC Arbitration
****Obasanjo, Buhari, Others Set to Testify as Mambilla’s 52-Year Legacy Hangs by a Thread
The International Court of Arbitration in Paris is set to witness high-profile legal drama as Nigeria faces potential disgrace in its decade-long battle over the $6 billion Mambilla Hydroelectric Power Project. The landmark case, initiated by Sunrise Power and Transmission Company against the Federal Government of Nigeria, reaches its climax this January.
Once a beacon of hope for Nigeria’s energy independence, the Mambilla project, conceived in 1972, now symbolizes decades of political interference, corruption, and bureaucratic bungling.
With the final arbitration hearing on the horizon, Nigeria’s chances of escaping liability appear grim, especially as key witnesses, including former ministers Abubakar Malami and Mamman Saleh, are conspicuously absent.
First awarded in 2003 under a Build-Operate-Transfer (BOT) model, the project has been dogged by abrupt policy reversals, contract cancellations, and re-awards.
The most controversial pivot came under President Olusegun Obasanjo, who shifted from BOT agreements to procurement contracts, fracturing the initial plan. Successive administrations, including those of Presidents Yar’Adua, Jonathan, and Buhari, oscillated between reviving the original agreement and renegotiating settlements.
The hearing promises explosive revelations as former Presidents Obasanjo and Buhari testify alongside ex-ministers and experts. Buhari is expected to defend his administration’s controversial 2017 re-award of the project, while Obasanjo faces scrutiny for altering its trajectory during his tenure.
Both are set for rigorous cross-examination, with Obasanjo’s testimony particularly fraught with detours into past scandals, including his BBC HARDTalk interview where he was labeled “the grandfather of corruption in Nigeria.”
The absence of Malami and Saleh, pivotal to the government’s defense, casts a long shadow over Nigeria’s case. Their negotiated settlement agreements with Sunrise in 2020—a $400 million compensation deal—remain critical but controversial elements of the dispute. Meanwhile, Sunrise’s star witness, former Attorney General Michael Aondoakaa, is poised to dismantle Nigeria’s counterclaims with damning insights into governmental lapses.
Beyond the courtroom drama, the stakes for Nigeria are monumental. A protracted legal battle and possible adverse judgment could further delay the project by six years, exacerbating the country’s energy crisis. With less than 4,000 MW of electricity shared among 240 million citizens, Mambilla’s delay perpetuates a cycle of economic stagnation, industrial decline, and social unrest.
President Bola Tinubu’s administration inheritd a quagmire of broken promises and unmet potential. While hopes for transformative leadership remain, the arbitration outcome will test Nigeria’s resolve to break free from decades of mismanagement.
Without decisive action, the Mambilla dream could remain just that—a dream, leaving millions of Nigerians in darkness.
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