Bala Mohammed Critiques Tinubu’s Leadership: Calls for Experienced Advisors

Bauchi State Governor Bala Mohammed has expressed concerns about President Bola Ahmed Tinubu’s leadership, stating that he has not delivered the same level of development that marked his tenure as governor of Lagos from 1999 to 2007. In a recent interview with Daily Trust, the Chairman of the Peoples Democratic Party (PDP) Governors Forum emphasized that he has attempted to advise the current administration on its policies, but Tinubu appears resistant to such input.

While acknowledging his respect for Tinubu, Mohammed admitted he had been overly optimistic about the President replicating his past successes. He highlighted the importance of bringing back former Vice President Yemi Osinbajo and former Minister Kayode Fayemi, whom he believes contributed significantly to Tinubu’s earlier achievements in Lagos.

“Governors can express our views, but we often feel frustrated. I respect President Tinubu, but I had high hopes that he would bring the same magic he had in Lagos. I was mistaken,” he stated. “We can’t be expected to support him blindly like his party members do. There are serious issues in his administration, including problems in the oil and gas sector, insecurity, and inadequate economic policies.”

Mohammed also criticized the government’s economic strategies, particularly regarding fuel prices and labor welfare. He called for a review of the minimum wage, stating that it does not adequately support the population, which is suffering from hunger and rising costs. He urged Tinubu to adopt a more empathetic approach to governance and to seek the counsel of capable individuals rather than relying solely on those who offer uncritical support.

Naira Exchange Rates: Current Dollar Values and Government’s De-dollarization Efforts

The latest exchange rates for the dollar against the naira in the black market have been released. As of October 25, 2024, the dollar is being bought for N1730 and sold for N1740 in Lagos’ parallel market, according to sources from Bureau De Change (BDC).

It’s important to note that the Central Bank of Nigeria (CBN) does not endorse the black market rates and encourages individuals to conduct foreign exchange transactions through their banks.

Current Black Market Exchange Rates

  • Buying Rate: N1730
  • Selling Rate: N1740

CBN Official Rates

  • Buying Rate: N1634
  • Selling Rate: N1635

In related news, the Nigerian government, led by President Bola Tinubu, is implementing strategies to reduce reliance on the dollar within the economy. Finance Minister Wale Edun announced these plans during a Global Investors’ Forum at the World Bank/IMF annual meeting in Washington, DC. The administration aims to encourage local businesses to transact in naira, thereby increasing its demand and value.

Katsina Governor Reveals How Residents Are Taking Security into Their Own Hands

Governor Dikko Umar Radda of Katsina State has announced that his administration is empowering residents to defend themselves against banditry by providing training programs. In an interview with the BBC Hausa service, Radda explained that many communities in Katsina have become less accessible to bandits due to the proactive measures taken by locals.

Radda emphasized that the current number of security operatives in Nigeria is insufficient to combat the escalating insecurity. He highlighted the importance of self-defense and community involvement in augmenting the efforts of conventional security forces. His administration has initiated training programs for local youth to equip them with the skills needed to protect their communities before security operatives can respond to threats.

“We are not advocating for people to take up arms indiscriminately. What we are saying is that the existing security personnel are not enough to ensure the safety of all citizens,” Radda stated. He called on communities to contribute their youth for training, which has already begun to yield positive results, as evidenced by the increased safety in several areas.

Radda lamented the ease with which small groups of armed bandits can instill fear in larger populations, stating, “It is unfortunate how three or four boys with a gun or two could wreak havoc in a community of 500 or 1,000 or 2,000 people.”

To address this challenge, Radda’s administration established the “Katsina Community Watch,” recruiting and training local youth, and providing them with operational tools to support the efforts of security agencies in maintaining peace and order in the state.

Top Nigerian Newspaper Headlines for Saturday, October 26, 2024

  1. Jonathan Reflects on Emotional Toll of 2015 Election Loss
    Former President Goodluck Jonathan opened up about the emotional difficulty he experienced after losing the 2015 election. Speaking at the Raymond Dokpesi Annual Diamond Lecture, Jonathan recounted feeling as though the world turned against him, but acknowledged support from media mogul Raymond Dokpesi.
  2. Obasanjo: “$70 Billion I Left in Nigeria’s Coffers Has Vanished”
    Former President Olusegun Obasanjo voiced his concern over Nigeria’s financial state, revealing he left $70 billion in reserves in 2007, which has since dissipated. He criticized current leadership, pointing out Nigeria now has more debt than when he first took office.
  3. Pray for Tinubu to Succeed, Says Wike
    Minister of the Federal Capital Territory, Nyesom Wike, called on Nigerians to pray for President Bola Tinubu’s success. During a road project inauguration in Abuja, he praised Tinubu’s dedication to fulfilling his campaign promises.
  4. Senate to Begin Ministerial Nominee Screening on Tuesday
    The Senate will commence screenings next Tuesday for seven ministerial nominees from President Tinubu. The candidates include notable figures for roles in Humanitarian Affairs, Foreign Affairs, and Housing.
  5. Tinubu’s Decision to Dismiss Five Ministers Explained
    Fresh insights reveal President Tinubu’s decision to dismiss five ministers stemmed from performance reviews and public feedback. The presidency stated the move aims to boost efficiency in government.
  6. Defence Minister Vows Tinubu’s Support in Fighting Insecurity
    Minister of Defence Badaru Abubakar assured troops in Katsina that President Tinubu is fully committed to providing resources necessary to curb insecurity, urging military personnel to continue their efforts against banditry.
  7. House of Representatives Challenges CBN on Old Naira Note Validity
    Lawmakers criticized the Central Bank of Nigeria over confusion regarding old naira notes’ validity. Representative Afam Ogene called for CBN clarity, with a report on the matter expected soon.
  8. IMF Confirms Nigeria Hasn’t Requested Financial Aid
    The IMF confirmed that Nigeria has not sought financial assistance, addressing rumors. IMF Director Abebe Selassie explained that member countries have the right to seek funding if needed.
  9. Politics Should be Free of Bitterness, Says Tinubu’s Aide
    Presidential aide Tunde Rahman emphasized that politics should avoid bitterness, speaking on the recent meeting between President Tinubu and PDP leader Atiku Abubakar, which took place at the National Mosque.
  10. PDP Crisis Shouldn’t Center on Wike and Atiku, Says Ologbondiyan
    Former PDP spokesperson Kola Ologbondiyan expressed frustration over the party’s focus on Atiku Abubakar and Nyesom Wike in its ongoing crisis, advocating for broader effor.

House Committee Indicts Former Aviation Minister Sirika Over Controversial Helicopter Sale

The House of Representatives Committee on Public Assets has accused former Aviation Minister Hadi Sirika of involvement in the questionable sale of two helicopters by the Nigerian College of Aviation Technology (NCAT) in Zaria. According to a report by Saturday Punch, the Bell 206 helicopters were sold for N556 million, allegedly due to underutilization.

While former NCAT Rector Capt. Alkali Modibo asserted that the sale followed due process and involved a licensed auctioneer, the committee, led by Ademorin Kuye, questioned the transaction’s transparency. The helicopters, initially purchased for $2.4 billion, were sold for just $1.2 billion without Federal Executive Council approval.

The committee recommended further investigation and potential prosecution for those involved, urging the Inspector General of Police to question Sirika and the buyers, Blue Horn Aviation Services Limited and Premier Jet Service Limited. The Nigerian Army also expressed disappointment, revealing it was denied the opportunity to acquire the helicopters for its aviation operations.

NSIB Expands Search Efforts in Rivers Helicopter Crash, Deploys Additional Diving Equipment


The Nigerian Safety Investigation Bureau (NSIB) is intensifying search and recovery operations following the Sikorsky SK76 helicopter crash near Port Harcourt, which left five confirmed dead and three missing. The NSIB is deploying more diving equipment to aid ongoing efforts, with search teams suspending Friday’s operations at dusk and preparing for a renewed search. NSIB Director General Captain Alex Badeh Jr. expressed gratitude for the support from rescue teams and committed to transparency in the investigation. Further updates will follow as recovery and analysis continue.

House of Reps Criticizes CBN Over Old and New Naira Note Confusion

Labour Party Caucus Leader in the House of Representatives, Afam Ogene, has criticized the Central Bank of Nigeria (CBN) for its unclear stance on the coexistence of old and new Naira notes. His statement follows the CBN’s response to a Supreme Court ruling that did not specify an expiration date for the old ₦200, ₦500, and ₦1000 notes as legal tender.

On October 24, the House passed a motion led by Ogene, urging the CBN to clarify the non-legal status of old notes starting January 1, 2025, as the dual circulation of currency notes has caused public confusion. Ogene attributed the lack of clear policy to an “unintended factual error” in the motion.

In response, the CBN advised the public to disregard the motion, calling it a disruption to the country’s payment system and referencing the Supreme Court’s recent ruling. Ogene expressed concerns over the deteriorating quality of currency notes from banks and questioned why Nigeria operates with two distinct sets of currency.

He urged the CBN to prioritize transparency and resolve the ambiguity for the public’s benefit, instead of relying on legal technicalities.

Keyamo Provides Update on Helicopter Crash Search Efforts

The Minister of Aviation and Aerospace Development, Festus Keyamo, has given an update on the search for victims following a helicopter crash on Thursday in the Atlantic Ocean, near Bonny Finima off the coast of Calabar. He stated that divers are continuing their search for remaining bodies and the wreckage. A full update will be shared once significant progress is made.

Following the accident involving eight individuals, the Ministry of Aviation reported that three bodies have been recovered so far. The Nigerian Safety Investigation Bureau (NSIB) and other emergency teams have been activated, with military and low-flying aircraft aiding the search. Despite the lack of an Emergency Locator Transmitter (ELT) signal, efforts to manually locate the crash site are ongoing.

KANSIEC to Proceed with Kano LG Elections Amid Conflicting Court Orders

The Kano State Independent Electoral Commission (KANSIEC) has confirmed that it will move forward with the local government elections scheduled for October 26, 2024, despite conflicting court orders. Earlier, the Federal High Court in Kano, presided over by Justice Simon Amobeda, had issued a ruling to halt the election and removed KANSIEC Chairman Sani Malumfashi and other commission members due to concerns about their political affiliations. The court also prohibited police involvement in the election.

However, on Friday, the Kano State High Court overturned the Federal Court’s decision, allowing KANSIEC to proceed with the election. During a press conference, Malumfashi announced that preparations were complete and emphasized that there would be no delays, affirming that the State High Court has jurisdiction over local government matters.

Malumfashi also noted that the political party challenging the election is not participating in it and dismissed their opposition as inconsequential. Six political parties, including the New Nigeria Peoples Party (NNPP), Action Alliance (AA), and Zenith Labour Party (ZLP), are confirmed to participate in the election. The police have also been instructed to ensure security during the process.

House of Representatives Rejects Bill to Broaden Scope of Islamic Law in Constitution

The Nigerian House of Representatives has voted down a bill proposing amendments to the 1999 Constitution that would expand the application of Islamic law. Sponsored by Aliyu Missau, the bill sought to remove the term “personal” from references to Islamic law in sections 24, 262, 277, and 288, which would allow the Sharia Court of Appeal to cover matters beyond personal issues.

Missau argued that removing the limitation to “personal” matters would allow Islamic law to include commercial and international aspects, such as those seen in institutions like Jaiz Bank, which operates under Islamic commercial law. Proponents of the bill, primarily from northern regions, contended that the change would support the growth of Islamic commercial practices in Nigeria.

Opponents, however, argued that the amendment could disrupt the secular nature of the Nigerian state. Solomon Bob from Rivers highlighted that the “personal” limitation was purposefully included to avoid broadening Islamic law’s scope. Bamidele Salam from Osun added that the amendment risked deepening religious divisions, recalling debates from earlier constitutional assemblies in 1979 and 1999, where military intervention limited Islamic law’s scope to personal matters.

After a heated debate marked by regional divides, the bill was ultimately rejected by a voice vote led by Deputy Speaker Ben Kalu.