Nigeria faces a significant economic challenge with a wage burden exceeding 3 trillion naira. This financial strain, coupled with persistent insecurity, particularly from herdsmen attacks on farmers, and detrimental government policies, underscores the urgent need to develop a robust macro economy and foster entrepreneurship. This strategic shift can mitigate the over-reliance on salaried jobs and stimulate sustainable economic growth. The Wage Burden ConundrumThe Nigerian government allocates a substantial portion of its budget to wages, which stifles its ability to invest in critical infrastructure and public services. This wage burden, exceeding 3 trillion naira, is unsustainable in the long term. By…
Author: Adeboye
Governor Lucky Aiyedatiwa of Ondo State has asked members of the National Union of Road Transport Workers (NURTW) and the residents of the state not to participate in the planned August 1st nationwide protest. Aiyedatiwa, speaking through his Special Adviser on Union Matters, Comrade Bola Taiwo, said the peaceful protest is not a bad action, but the latest planned protest was targeted at destroying lives and properties considering the recent Kenyan experience and EndSars protest. The governor said this at a peace meeting initiated by him and attended by three former chairmen of NURTW, namely Oba Solomon Adejayan, Chief Oladutele…
On Thursday, an employee of a microfinance bank, Emmanuel Awe, 33, appeared before the Grade ‘A’ Customary Court, Ibadan, over alleged N562,700 theft. Mr Awe, a staff of Seedly Prime Microfinance Bank, Ibadan, was charged with stealing, to which he pleaded not guilty. The prosecutor, Philip Amusan, told the court that the defendant committed the offence between April and July. Mr Amusan said the defendant failed to remit the sum of N562,700, which a bank’s client paid, to the bank. He said the offence contravened Section 390 (9) of the Criminal Laws of Oyo State, 2000. President of the court,…
The Grade ‘A’ Customary Court, Ibadan, on Thursday, sentenced 24-year-old Olamide Mudasiru to two weeks imprisonment for stealing a pot and a firewood stand worth N35,000. Mr Mudasiru was charged with stealing, to which he pleaded guilty. The court president, Mrs Mojisola Aworemi, sentenced Mr Mudasiru to two weeks’ imprisonment at the Agodi Correctional Centre, Ibadan, with a one-week community service as an option. Earlier, the prosecutor, Philip Amusan, told the court that the convict committed the offence on Sunday, at about 11:00 p.m., at Sango, Ibadan. Mr Amusan said the convict stole a pot and firewood stand belonging to…
The Adekunle Ajasin University, Akungba, Akoko (AAUA) in Ondo, has assured students of the institution and their parents of adequate security in the school environment and its host community. In a statement on Thursday, the university’s spokesman, Victor Akinpelumi, said that the school was committed to the well-being of students. In recent times, there has been apprehension among students of the institution living off campus due to violent attacks leading to deaths. “In light of the recent security concerns in the Akungba Akoko community, the management of Adekunle Ajasin University wishes to assure our students and parents that the institution…
The Iyaganku Magistrates’ Court, Ibadan, on Thursday, remanded three suspects, Sheu Babuga, 20, Bunbe Densi, and Sanda Ali, 19, in a correctional facility custody in Ibadan, over an alleged attempt to kidnap. The trio, whose addresses were not provided, were charged with conspiracy and attempt to kidnap. The magistrate, Olasinmibo Sanusi-Zubair, did not take the defendants’ plea for want of jurisdiction. She directed the police to return the case file to the Director of Public Prosecution (DPP) for legal advice. She adjourned the case until September 30 for mention. The prosecutor, Oladejo Balogun, told the court that the defendants committed…
A Kaduna Chief Magistrates’ Court on Thursday, sentenced a 35-year-old security guard, Shehu Abdullahi, to 14 months imprisonment for stealing armoured cables worth N380,000. Mr Abdullahi was arraigned on a one-count charge of stealing. The Magistrate, Ibrahim Emmanuel, sentenced Abdullahi after he pleaded guilty to the offence and begged for leniency. Mr Emmanuel also ordered Abdullahi to pay N380, 000 as compensation to the complainant, Jamilu Kamal. He advised the convict to desist from committing crime, adding that the sentence would serve as deterrent to other would be offenders. The prosecutor, Inspector Chidi Leo, told the court that the accused…
A man, Caleb Williams, 27, on Thursday in Kaduna, pleaded guilty to stealing N342,000 and other valuables belonging to his girlfriend. Mr Williams, who was arraigned before a Kaduna Chief Magistrates’ Court, pleaded guilty to the one-count charge of stealing preferred against him. The Magistrate, Ibrahim Emmanuel, did not deliver judgment, but adjourned the case until August 12, for review of facts and sentence. Earlier, the prosecutor, Inspector Chidi Leo, told the court that the accused committed the offence on July 20, at Gbagyi Villa, No. 10, Luka Barde St., Kaduna. Leo said that the accused stole the sum of N342,000, an Ecobank…
President Bola Tinubu is currently meeting behind closed-doors with the Progressive Governors’ Forum (PGF) at the, Council Chamber, Presidential Villa, Abuja. Though the agenda of the meeting could not be confirmed officially, it may not be unconnected to the planned nationwide protest kicking off from 1st of August. The Chairman of the PGF and the Imo State Governor, Hope Uzodimma, led the team of governors to the President’s office, along with the Chairman of the Nigeria’s Governors Forum, Governor Abdulrazaq Abdulrahman of Kwara State. Also sited was the reinstated Deputy Governor of Edo State, Philip Shuaibu; Bassey Otu, (Cross River);…
President Bola Tinubu is currently meeting with some governors at the presidential Villa in Abuja. The meeting followed the calling off of the National Executive Council (NEC) that was earlier scheduled for Thursday. The state chief executives were ferried in a single Coaster bus to president’s office at about 1.20 pm. Even though the agenda of the meeting has not been made public, it may not be unconnected with the ongoing hardship in the country and efforts to ameliorate the situation. The federal government is also striving to avert the planned protest by youths against the high cost of living.…