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    Nigeria: Status of China loans and the satellite lost in space due to power failure

    11 commercial banks exceeded 5% regulatory limit for non-performing loans

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Full Text: Peter Obi speaks to Nigerians on 62nd Independence Day

Saturday, 1 October 2022, 3:25 pm
in News, Nigeria
1
Full Text: Peter Obi speaks to Nigerians on 62nd Independence Day
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“Fellow Nigerians, as our dear country marks her 62nd Independence anniversary, I bring you fraternal greetings.

“Even as we remain thankful, prayerful and hopeful for a brighter future; we are mindful that many Nigerians are resigned, frustrated and tired of the many years of leadership failure. Many of our compatriots remain in captivity held by bandits; millions are living in IDP camps as their homes are now part of ungoverned spaces. Many Nigerian children go to bed hungry.

“Such people can hardly fathom the concept of independence and freedom; let alone a valid basis for celebration. At 62, rather than celebrate our patriotism, nationhood, unity, strength and diversity, Nigerians continue to grapple with the challenges of bad governance, replete with insecurity, worsening economy, corruption, and various forms of abuse of public offices and all manners of impunity.

“Each new day in Nigeria, instead of heralding progress and development, our national population, already weakened by poverty and hardship, are further burdened by new forms of disruptive challenges that are inimical to the societal well being. The catalogue of our national malaise are legion, and range from intermittent collapse of our national power grid; our universities remaining shut for 8 months; soaring inflation rate, extreme poverty; insecurity and visceral violence resulting in mindless bloodletting. Our national wealth, both cash and oil are reportedly stolen each day with unfettered impunity. Nigeria bleeds literarily and figuratively.

“These travails are neither measures of national greatness or good leadership. Rather, they represent overarching national interest concerns that must give us pause. They are sobering realities that ought to trigger a deep rethink of our political and leadership trajectory in the months and years ahead. As a nation and people, we cannot lose hope or give up.

“Intractable as our problems are, they are not insurmountable. We can easily overcome them when there is a purposeful and transformative leadership in place;one that will not makes excuses and will not be indifferent to the rule of law, equity and justice. Nigeria holds out hope of unfettered development, growth, greatness and indeed, dreams of infinite possibilities. But we must seize the moment.

“We must rescue and turn our country around. It is our challenge and our duty. We, therefore, cannot ignore the present deafening clarion call for change.

“Today, Nigeria is on the cusp of her national redefinition and rebirth. We are also on the eve of seminal general elections; a critical juncture of hope mixed with understandable trepidation. Yet I am convinced that our collective national fate and our faith in Almighty God, will lead us to an electoral legitimacy in 2023 that will reaffirm that sovereignty in our Republic belongs to the people; and that we can collectively usher in a new and productive Nigeria. Nigeria’s morning has come.

“This is the time for Nigerians to rescue their country from the clutches of failure, rascality and corruption that have held it down for long. That is the true independence Nigeria needs. We need independence from economic brigandage, tribal and religious disunity, poverty and unproductivity. We need independence that will liberate Nigerian youths. Our dear country, Nigeria, is not bereft of good governance ideas and plans. Neither are we bereft of the required human capital.

“However, the prevalent combination of institutional weaknesses and lack of political will continue to translate to strategies, modalities and invariably poor policy, projects, and governance performance outcomes.

“Let me again reiterate that the Obi-Datti administration represents the best Hope, and Promise for a united, secure and productive Nigeria, where our citizens can coexist in our rich diversity as one happy and peaceful family.

“We offer to Nigerians a transformative leadership that is imbued with competence, capacity, credibility and commitment. Our promise, in keeping with the constitutional mandate of responsibility to protect, is to give assurances that our administration will ensure that Nigerians are fully protected in their homesteads: and that their lives, properties and means of livelihood will always be secure.

“In seeking to serve Nigeria, Senator Yusuf Datti Baba-Ahmed and I, stand firm on our resolve to move the nation forward, from consumption to production, and from a sharing formula to a roust production formula. We are committed to retooling governance and offering a secure and united Nigeria; a production-centered growth for food security and export; effective legal and institutional reforms (rule of law, corruption and government effectiveness); the leapfrogging of Nigeria from oil dependency to the Fourth Industrial Revolution (4IR); expanding physical infrastructure through market-driven reforms (unleashing growth-enabling entrepreneurship and market-creating innovations); engendering human capital development that empowers competitiveness and gender balance; and a robust Afrocentric foreign policy that restores Nigeria’s strategic relevance at the bilateral, multilateral and global levels.

“With these commitments, we are convinced that we can build the New Nigeria of our dreams. Fellow Nigerians, let us take back our nation from those who have perfected State Capture and build a better society for ourselves and our children. God bless you and God bless the Federal Republic of Nigeria.”

#PeterObi 🇳🇬

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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