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How I, Jonathan, INEC, Others Disappointed Prophets Of Doom In 2015 – Buhari

leadership-awardsPresident Muhammadu Buhari has painted a vivid picture of how he, ex President Goodluck Jonathan, former chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega and other stakeholders collectively disappointed the prophets of doom who had predicted the disintegration of the country after the 2015 general elections.
In a speech delivered today, Thursday at the Leadership Annual Awards and Conference in Abuja, the President declared: “it is the patriotic zeal of President Jonathan, the impartiality of the electoral umpire, INEC and exemplary conduct of the political parties, foreign pressure and other actors that we collectively disappointed the prophets of doom who had predicted the disintegration of the country after the 2015 general elections.”
He said that Nigeria’s democracy has been strengthened by the outcome of the 2015 elections as the citizens now have more faith in the electoral system in the sense that their votes would count when choosing political leaders at various levels.
Buhari described the events of 2015 which the Leadership Newspaper chose to bring to the fore as having marked a watershed in the political history of Nigerian.
“Those of us who were participating actors in the elections were led by the higher ideal of the future of our great country and the well being of our people rather than the mere desire of politicians to win elections.”
The President, who congratulated his joint award winners, ex President Ebele Jonathan and Professor Attahiru Jega as “Leadership Person of the Year,” advised the Nation’s political class to build on the experience of the 2015 elections to nurture the democracy.
“It is my fervent hope that the awards will encourage all those recognized today to remain committed to good behaviour in their various endeavours to justify this recognition and serve as inspiration to others.”
The President commended the Leadership Newspapers for being in the forefront of promoting democracy and positive values that are necessary to achieve national consensus on the issues that tend to challenge our unity and progress as a nation.
“We commend the Leadership Newspapers Group and its publisher, Sam Nda-Isaiah for standing firm on the path of patriotism, justice and fairness.
“Our participation in today’s ceremony is therefore, a mark of confidence in the brand of journalism practiced by the Leadership Newspapers Group as it is a public acknowledgment of the contributions of the media to our administration’s agenda to defeat terrorism and violent extremism in the country, fight corruption and diversify the economy to create jobs for our teeming population and generally improve the standard of living of Nigerians.
“I expect the Nigerian media to join our government in pursuit of these goals not just to criticize to prove their independence.
“The media must continually see itself as true partner in the task of nation building and thus act in the spirit of patriotism at all times in the important role of informing the people of the country.
“On our part, our doors are wide open to media inquiries in line with the transparency and anti-corruption stance of our administration.” [myad]

God Forbid That I Would Instigate Anti-Tinubu’s Protest, APC Boss, Oyegun Swears

Oyegun John APC

The National Chairman of All Progressives Congress (APC), Chief John Odigie-Oyegun, has made it clear that it is not his style to organize protest against those who attack him, much more the national leader of the party, Asiwaju Bola Ahmed Tinubu.

“God forbid, anybody who knows me knows that that is not my style. I am equally shocked and I’m going to look into it and find out why and who is behind it.”

Odigie-Oyegun who spoke to news men in Abuja, dismissed insinuations that he instigated the protest and expressed displeasure over the reported protest against Tinubu. This was even as he promised to investigate the incident with a view to finding out those behind it.

The News Agency of Nigeria (NAN) reports that the All Progressives Congress Youths Democratic Frontiers (APCYDF) in Abuja, protested at the National Headquarters of APC against Tinubu’s demand for Odigie-Oyegun’s resignation.

Tinubu had, on September 25, accused the APC national chairman of wrongdoing in the gubernatorial primary election of the party for forthcoming governorship poll in Ondo state.

But the protesting youths accused Tinubu of high-handedness, saying that he was behaving like an “emperor” in the party.

The APCYDF National Coordinator, Salahudeen Lukman, who led the protest, accused Tinubu of undermining President Muhammadu Buhari’s anti-corruption fight.

“It should be stated categorically that we are no longer comfortable with the whims and caprices of Tinubu.” [myad]

PDP Still Rigged Edo Poll Despite That It Lost, Oshiomhole Alleges

oshiomhole Spits fire

Governor of Edo State, Adams Oshiomhole has alleged that despite that the governorship candidate of the Peoples Democratic Party (PDP), Pastor Osagie Ize-Iyamu lost the governorship election conducted in the state on September 28, there were still traces of rigging which the party perpetuated.

The Governor made it clear that if the PDP had the guts to challenge the election of Mr. Godwin Obaseki of the All Progressives Congress (APC), he and the party would expose the PDP and its candidate for being the acual election riggers.
He said Ize-Iyamu could not have won more than 50,000 votes.
Addressing APC youths during a road show, after a “Thank You” visit to the Crown Prince of Benin Kingdom, Eheneden Erediauwa, Edaiken N’Uselu, Governor Oshiomhole said: “We are happy with the outcome of the election. We have gone to present the candidate to the Crown Prince, the Edaiken N’Uselu, and he (Obaseki) has been very well received.
“Thank you for coming out to celebrate. I am sure we encourage our opponents to go to court. We will be able to lead evidence to show how much they profited from electoral fraud because the Ize-Iyamu that I know is not worth fifty thousand votes.
“So, it’s like an armed robber rushing to the police station with bullet wounds and claiming that he has been shot, whereas he is the one who opened fire on very innocent people. We will expose them where it matters in our courtrooms. Remain firm and resolute.
“For me, I am happy. The political funeral of the godfathers is final. There is nothing they can do to turn the will of God. So, this is our finest hour and I can’t wait to meet them in court.
“My message to them is, whether it’s Igbinedion, whether it’s Anenih, whether it’s Ikimi, it’s not me, it’s God who knows their sin against our people that decided to recall their political life. He has only used us to cement it and to celebrate their political funeral.
“I want to be remembered not only for the road. We want to be remembered for liberalizing the politics and getting rid of godfathers so that you the youths can take charge of your destiny. Thank you for being part of this struggle, and to God be the glory.” [myad]

I Took Cocaine To Deal With Depression, Boxing Champion, Tyson Admits

Tyson

British world heavyweight boxing champion, Tyson Fury, has admitted that he has been drinking and using cocaine to help him deal with depression.

He told Rolling Stone magazine in an interview: “I’ve been out drinking, Monday to Friday to Sunday, and taking cocaine. I can’t deal with it (depression) and the only thing that helps me is when I get drunk out of me mind.
“I’ve done lots of cocaine. Lots of it. Why shouldn’t I take cocaine?
“It’s my life isn’t it? I can do what I want … That ain’t a performance enhancing drug.
“I never took other drugs, ever, in my life. I only started to take cocaine in the last few months.”
Fury’s representatives were not immediately available to comment when contacted by Reuters.
ESPN reported last week that Fury, 28, had tested positive for cocaine, citing a leaked letter sent by the Voluntary Anti-Doping Agency.
VADA declined to comment and Reuters was unable to verify the details of the report.
Asked by Rolling Stone if he was clean when he was fighting, Fury said: “No drugs at all, no drugs at all. I have never ever taken a drug to help me boxing in my life.
“Never took a performance enhancing drug ever.”
Earlier this year, Fury was charged with a doping offence by UK Anti-Doping after a urine sample from February 2015.
This happened nine months before he beat Vladimir Klitschko to win the WBA and WBO world titles – showed traces of the banned stimulant nandrolone.
He said: “If I tested positive in February 2015 for drugs why let me fight the long reigning champion and leave him of all his belts in November?
“Why not strip me in February?”
It was 40-year-old Klitschko’s first defeat since 2004. [myad]

APGA Suspends Its National Chairman, 2 Deputies

victor-ike-of-apga

National Working Committee (NWC)  of the All Progressive Grand Alliance (APGA) has suspended its national Chairman, Mr. Victor Ike Oye for gross misconduct.

Also suspended were the party’s deputy national chairman (North), Alhaji Abubakar Adamu and deputy national chairman (South), Chief Uchenna Okogbuo, They were all indicted of several constitutional breaches.

Some of the allegation leveled against them include: not involving NWC in making electoral regulations and not involving NWC in day to day running of the party, which it said violated article 12 (3) of the party’s constitution among others.

The suspensions were effected today, Thursday, at the monthly meeting of the NWC in Abuja.

Speaking to news men shortly after the meeting of the NWC, the deputy national secretary of the party, Chief Jerry Obasi said that the suspension of the national Chairman was in line with the provisions of the party’s constitution.

He accused the chairman and his deputies of what he called inordinate practices, saying that the suspension was also aimed at saving the party from impending destruction and to reposition it to greatness. [myad]

Specialized Hospitals To Quarantine People With Infectious Diseases For Abuja

FCT Minister, Musa Bello
FCT Minister, Musa Bello

A specialized hospital where patients with highly infectious diseases will be quarantined and given adequate treatment will soon be built in the Federal Capital Territory. This was announced today, Thursday, by the minister, Malam Muhammadu Musa Bello.

The Minister who spoke when members of the Nigerian Medical Association (NMA), FCT Chapter visited him in his office said: “plans are underway by the FCT Administration to build a modern specialized health facility where patients with highly infectious diseases could be kept and given special attention.

“I have discussed also with some of your colleagues on the need to have a specialized centre for infectious diseases especially during the Lassa fever saga some months ago; I was surprised that patients that were suspected to have had the virus were kept initially at the National Hospital. I asked why we didn’t have a specialized centre in the Territory for cases of such nature, where we will be able to quarantine affected people.”

The Minister said that such centre is in the front burner of his Administration, adding: “we are working assiduously, believing that at some point, we should be able to have such facility in the city to serve the whole Territory.”

Muhammad Bello said that the FCT Administration is currently partnering with some private individuals to set up new hospitals in the capital city to address the shortage in the number of hospital bed spaces noticed in the Territory.

“For a long time, the issue of inadequate bed spaces in the FCT has really been something of great concern to me. Based on the briefings I got from the Health & Human Services Secretariat when I assumed office, I was amazed by the numbers I saw in terms of available bed spaces and since then, we have encouraged many private sector people that want to set up a hospital to come over and do it because government alone will not be able to bridge this huge gap.

“Also, I have impressed upon owners of one or two of the hospital projects that you have seen on ground to try to get them completed because the more they are the better the services to humanity.”

Earlier, the Chairman of the Nigerian Medical Association, FCT Chapter, Dr. Chiedozie Jude Achonwa said that the Chapter would soon resuscitate the rural health programme to further serve the rural dwellers and contribute to the sustainable goals of the government.

He assured the government of industrial harmony, even as he called for increased health infrastructure in the Territory in view of the growing population. [myad]

Expert Identifies Causes Of Falling Standard Of Education In Nigeria

Adamu Adamu education

Executive Director of the Centre for Learning and Educational Development Advocacy (CLED) in Africa, Daniels Akpan has identified the main causes of falling standards of education in Nigeria.

One of the causes, he said, is that 68 percent of teachers in both primary and secondary schools are not prepared for the job.

Akpan told newsmen in Kaduna  such teachers are those who cannot find any other job, adding that the easiest opportunity they found was teaching and consequently, they are teaching without passion, without motivation and with no interest.
He said that there is the need to help such persons improve on their quality of service.
“This is because a nation cannot be better than the quality of its graduates, and the graduates cannot be better than the teachers that taught them.
“If you improve on the quality of the teachers, you are in invariably improving the quality of graduates.”
Akpan said that CLEDA-Africa, in collaboration with National Association of Proprietors of Private Schools had trained 177 teachers in Kaduna, Kano and Zamfara states on effective classroom management.
According to him, the effort is part of measures to address the problem.
He said CLEDA-Africa was a nongovernmental organisation working to help youths discover themselves and exploit their potentials.
The director commended the Kaduna State Government for its efforts to provide access to education to all school aged children in the state.
He, however, urged the government to provide the needed facilities for effective service delivery.
Akpan stressed: “It is not about the number of children in school, but about quality education delivery that will produce result.”
Akpan congratulated teachers for marking the 2016 World Teachers’ Day and urged them to be committed and passionate about their profession to build an educated and enlightened nation. [myad]

Democracy, Political Transition And Challenge Of Leadership In Africa, By Udom Emmanuel

Udom-EmmanuelDemocracy, the system of government where the will of the people trumps all other considerations or the art of politics which Harold Laswell, the famed American political scientist described as a system of government where the motivating impulse is “who gets what, when and how” has been a work in progress in Africa and in Nigeria in particular. While there were democratic waves that helped deepen democratic traditions and values across the global spectrum longitudinally, African experience at democratisation has been severely challenged.
In his seminal work “The Third Wave: Democratization in the Late Twentieth Century,” the late Harvard University political scientist -Samuel Huntington, analysed the different democratic waves beginning from the late 19th Century, where agitations for democratic rights such as the suffragists movement led by Susan B. Anthony led to the granting of voting rights for women in the United States of America in 1920. This particular wave ebbed in 1922, with the rise of totalitarianism in Italy led by Benito Mussolini.
As strong men rose to political prominence and human rights fell under the jackboots of dictators, countries across Europe, Asia, and Latin America began to romanticize the rule of the Generalissimo. Democracy no longer held the allure and attractiveness it once had enjoyed, and the political space got introduced to such new-fangled phrases as the concept of cultural and political relativity. It must be stated however, that the resilience of democratic forces was, absolutely not in doubt.
Then came the second and third wave. Though Huntington celebrated the ascendance of democratic forces over dictatorship in many climes, he expressed his disappointment in the rise of military dictatorship in Africa. There is no doubt that Huntington’s dark view of the Africa and its capacity to embrace democracy was spot on.
As the democratic forces swept across the globe, aided by globalization where transparency and adherence to the doctrine of human rights and democratic principles were conditions for engagement, countries where military dictatorship and the rule of the strong man had been the norm, began the gradual process of transition to democracy. From Ghana to the once war-torn Liberia, Benin, Togo and others, it has been a new narrative that democracy had indeed come to stay in Africa.
In 1992, Ghana long ruled by a military Head of State, Flight Lieutenant John Jerry Rawlings transitioned from military fatigue to civilian attire. From 1992, till the present, Ghana has been a prime example of a democracy that has consolidated. In 2000 Rawlings ruling party, the National Democratic Congress (NDC) lost a razor thin victory to the opposition party –New Patriotic Party (NPP) led by John Kuffor and in a move that confounded political pundits and helped set a narrative on Africa’s political culture; the ruling party- the NDC’s candidate, the late John Atta Mills accepted defeat and promised to cooperate with the victorious NPP.
It was a golden moment in African democracy and established a new narrative that democracy had indeed come to stay in Africa, and that manipulation of electoral process through unbridled rigging, or the application of zero-sum game had no place in the new African democracy. That rich and commendable culture where the wishes of the people determined the course of governance has continued in Ghana, and saw the ruling party again yielding power through democratic process to an opposition party, in 2012 with the election of John Mahama of the opposition NDC as President.
From war torn Liberia, to Benin Republic, to Togo, the ferment of democracy has continued to expand, unleashing in the process the supremacy of the people over the instruments of coercion and the rule of the bayonet.
The wind of democracy had its biggest effect in Africa’s most populous nation and its economic engine room -Nigeria in 1999. Nigeria’s march down the boulevard of democracy has been in fits and starts from its independence in 1960 to 1999. Four previous attempts at introducing government based on the rule of law and democratic principles, suffered huge reversals, due mainly to lack of elite consensus on the workability of democracy.
However, from 1999 to the present, Nigerian democracy has withstood all internal fissures, its culture has been internalized by Nigerians and a process of consolidation achieved. Professor Huntington had posited that if elections took place in two cycles and the process was seen to have been transparent and free, then a consolidation may have taken place. If the Huntingtonian model were to be applied, Nigerian democracy has not only consolidated but is growing and deepening in a profound manner.
After 16 years of uninterrupted dominance at both the national and regional levels, the People’s Democratic Party, my dear party, was defeated in the March 28, 2015 Presidential elections. The margin of defeat was not extraordinary and most people had expected the then incumbent President Jonathan to use the instrument of power at his disposal to influence the outcome of the election or challenge the outcome in the law court.
In a moment that stands out as the crowning glory of our democracy, then President Goodluck Jonathan, putting the interest of the nation above his personal or group interest, conceded defeat to the current President Buhari, then of the opposition and now ruling party – the APC even before the final figures were tallied. The world stood still as what was once thought to be an impossible development manifested its beautiful colours before us. May we please all rise up and give President Jonathan a standing ovation for this rare feat.
Our democracy has definitely come to stay and we should all be very proud, but there are still lots of job to be done. There are challenges that come with leadership and we should keep our eye on the ball. Some of the challenges I have seen in our body politic and indeed the whole of the Continental Africa can be grouped along the following lines: deep sense of apathy and isolation, cleavage in our polity, identity politics, security and sectarian challenges.
As our democracy consolidates, there is the need to constantly engage the people on what government is doing to address their issues and problems. An engaged electorate is an informed electorate and this will eliminate apathy and a feeling of isolation. As our nation is going through economic challenging times, a narrative that is as hopeful as it is reassuring should be developed and pushed aggressively. We should give our people the reason to be hopeful. That was what President Franklin Delano Roosevelt, the American President during the Great Depression did, when rallied the American people who were broken and forlorn and had consequently began to distrust the very foundational principles and values of the American Creed and gave them a reason to believe and be hopeful. Through a very popular radio program he called “Fire Side Chats “which he personally hosted, Americans were reassured by the soothing voice of their President telling them tough times will not last forever.
Ours is a deeply cleavaged society where the main allegiance and interest is first to our ethnic blocs over the larger national interest. We must do all we can, not to promote identity politics, but rather promote those tendencies that will unify us as a people of common destiny and growth. We have seen the destructive side of this kind of politics in several African countries -a major case in point being the civil war that is currently ravaging Africa’s newest Republic -South Sudan, where the nation has been unable to come together after decades of struggle to have a country of their own. We fought a 30-month Civil War in our country because of our inability to reassure our people that our diversity is a strength rather than weakness.
Sectarian and security challenges have threatened the very foundation of a number of countries in Africa, and this problem is deeply existential. Here in Nigeria, the activities of Boko Haram have ravaged the North Eastern part of our county and disrupted economic and human capital development of the area. The Indigenous Peoples of Biafra (IPOB) are agitating for a separate state based on perceived marginalization. In my region of the county -the South South, several groups have emerged – the prominent being The Avengers, and they have taken their frustrations out on oil installations, blowing them up with a view to weakening the economic strength of the country.
Our nation is at a crossroad, even as we mark the 56th anniversary of her independence. We are challenged by daunting economic and political problems, which are surmountable, but we must all collectively resolve to work together. I often tell our people that what we have is all we need to get to our desired destination.
What then should and can be done to change the negatives about our country? We must develop a national narrative –in the mould of the American Exceptionalism. Every American is socialized into believing that their nation is the most exceptional county on earth which God specially created to lead the rest of the world.
We can develop this national narrative and put teeth and resources to promote, project and distil all that is great and endearing about our country. It can be done, it should be done, because we are an exceptional people and the Nigerian spirit will continue to rise and soar.
In Akwa Ibom, we have engendered this new attitudinal and moral rebirth. We have all arisen to greatness through our Dakkada Philosophy. We have imbued in our people the spirit of enterprise, of the abiding faith in their capacity to be all that God had destined them to be, and that government alone cannot be the only way to achieving self-actualization, and they have all internalized this new narrative.
As a pragmatic step, we have identified three gateways to global development, namely road, air and water. And today, we are developing all of them simultaneously. To reduce unemployment and enhance our human capital, we have revolutionized our agriculture, through cocoa production, coconut plantation and refineries, in addition to youth skills development programmes. We must collectively decide to banish hunger from among our people. Any nation that cannot feed its citizens is headed for disaster. This is where I align my thoughts with Mr. President that we must engage in agricultural revolution. Collectively, we must decide to replace the SUVs on our roads with tractors. On this wise, I charge Nigerians from all walks of life to engage in farming on whatever scale possible. Our school curriculum must make agriculture a compulsory subject at the basic and secondary levels.
Distinguished audience, I want to urge us as a nation to try to build institutions that will outlive generations and deepen our democracy further. Strong institutions and not strong people are the foundations on which nations rise to greatness.
May I end by paying tribute to African and particularly Nigerian leaders, who fought for the enthronement and sustenance of the waves of democratic governance across our Continent. Let us all emulate their good examples and learn from their mistakes. Let us collectively give our support and prayers to our leaders who bear the responsibility of making decisions and choices on our behalf.
I charge you all to participate and make your sincere contributions at this conference, irrespective of your political leanings, economic considerations, ethnic belongings or religious persuasions because, the success of our country is our collective success and we must be emotionally invested in its success.
Thank you for listening, God bless you all, God bless Nigeria.

Udom Emmanuel, Governor of Akwa Ibom State, presented this paper at  the Leadership newspaper Conference in Abuja on Thursday, October 6, 2016. [myad]

House Of Reps Mobilizes To Rescue Kidnapped Lagos School Principals, Students

lagos-school-kidnap

Nigeria House of Representatives was forced to suspend further proceedings today, Thursday, when the news broke out that some gunmen suspected to be militants stormed Lagos State Model College, Igbo Nla in Epe, and took away two principals of the school, including some students.

The gunmen were said to have abducted the principal of the junior secondary school whose name is Mr. Oyesola and Mr. Akirinmade who is the Principal of the senior secondary school.

The lawmakers, who were briefed on the incidence by a colleague representing Epe constituency, Wale Raji, adopted a motion urging the police to mobilize and rescue the principals and students safe.

Raji said that the gunmen attacked the school in early hours of Thursday when the students were supposedly having their morning assembly and appealed to the House to call on the Inspector General Of Police, Ibrahim Idris and the Commissioner of Police in Lagos State to swing into action. He asked that the incidence should be treated as a matter of urgency.

Meanwhile, the Lagos State Deputy Governor, Dr. Idiat Oluranti Adebule had, today, Thursday visited Igbonla Senior and Junior Model College in the suburb of Epe where four students and two teachers were kidnapped by a gang of suspected Ijaw militants, just as she assured that government would work assiduously to ensure prompt rescue of the victims.

The kidnappers, numbering about seven, had invaded the school premises at about 8am when students were having a special session at the hall and shut sporadically into the air before kidnapping the victims, which included a vice principal and head teacher.

Adebule, who was accompanied by top government functionaries and head of security agencies to the school, condemned the act, but pleaded with parents and families of the victims to cooperate with government and security agencies in ensuring prompt rescue of the victims. While addressing hundreds of parents who had come to the school to remove their children, the Deputy Governor said such would not help the situation as panicking would further compound the situation.

She said: “It is true that in the last 29 years that this school was established, we have never experienced such a thing like this, but now that it has happened and it is confronting us, we must come together to find a lasting solution to it. We, as government, parents, the school and security agencies, must remain united to solve this problem.

“I know you are angry, I know you are worried and I know you are agitated, but we must look for solution. But I plead for the understanding of parents in this matter. I know how traumatic it could be, I know how emotional the issue we are discussing could be, but the best we can do is to handle it with care and with utmost wisdom that God can give us.

“It is God who secures, it is God who protect and even in other climes where you have everything, you still have this type of incursion once in a while, but what we should be talking about is how we can collectively solve this problem.”

The Deputy Governor assured that the State Government would do everything humanly possible to ensure the rescue of the victims, assuring that a team of security operatives would stay behind in the school to secure the students and teachers.

She said that all security agencies including the Police, Air Force, Navy, the Army and others have been fully mobilized to ensure rescue of the victims, just as she expressed confidence in the success of the ongoing rescue operation.

On his part, Lagos State Commissioner of Police, Mr. Fatai Owoseni assured the parents and families of the victims that the rescue operation already launched would be the shortest in the history of the Command.

While soliciting for the support of the parents, Owoseni said security agencies were already in custody of useful leads, adding that there was a strong hope of rescuing the victims.

“All I just want to say for now is that you have to work with us. What we also need from you is your prayers. We will seek your understanding and for now, I will not reveal much because as we speak, there are agents of the kidnappers here and they will reveal whatever we say here to them. “We have a government in Lagos State that is ready to go all out and I can assure you that this will be the shortest rescue operation that we will carry out. We will do everything we need to do to secure the release of the victims.” [myad]

Nigeria’s Finance Minister Accuses Western Powers Of Blocking Nigeria’s Power Solution

kemi-adeosun-4

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has accused western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coal.

Adeosun who spoke today, Wednesday in Washington during a discussion on the importance of addressing infrastructure gaps in developing countries at the World Bank, International Monetary Fund General Meetings, added that improving power supply is the corner stone of the current administration’s goal towards economic development, but that it has become difficult to get support from western community.

“We want to build a coal power plant because we are a country blessed with coal, yet we have power problem. So it doesn’t take a genius to work out that it will make sense to build a coal power plant.

“However, we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industrialization that was built on coal fired energy.

“This is the competitive advantage that was used to develop Europe, yet now that Nigeria wants to do it, they say it’s not green, so we cannot.

“They suggest that we use solar and wind, which is the more expensive. So yes, Africa must invest in its infrastructure, but we must also make sure that the playing field is level.”

Adeosun said that in spite of the need for foreign borrowing to finance the country’s infrastructure gap, the strategy is to get the cheapest money, adding that Nigeria’s debt to GDP remained very low but that the cost of servicing those loans was high.

“Right now, we are being very conservative about our debt and we are trying to get the cheapest money possible from multilateral agencies. We are working very hard to make sure that we get multilateral funds first before we go to the euro bond market, which is a little bit more expensive.”

She said that the country’s strategy is to get public private investments because even if Nigeria dedicated five years’ full budget to bridging infrastructure gap, it would still be insufficient. [myad]

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