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Don’t set Yoruba land on fire, Diaspora group warns Animashaun

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A Pan-Yoruba group in the Diaspora,Yoruba One Voice (YOV) has warned the leader/Coordinator of the Yoruba Appraisal Forum (YAF), Adeshina Animashaun, to eschew actions that may set the southwest region on fire.

Animashaun had last week led a delegation, comprising members of his group to the palaces of six obas in the south-west geo political zone. The monarchs visited include the Olubadan, Oba Saliu Adetunji, Soun Ogbomoso, Oba Jimoh Oyewunmi, Olowo of Owo, Oba Ajibade Gbadegesin, Oluwo of Iwo land, Oba Rasheed Akanbi, Onisan of Isan Ekiti, Oba Gabriel Adetila, Olu of Moloko Asipa, Oba Nureni Adesina and the Elemure of Emure-Ekiti, Oba Emmanuel Adebayo.

The group said a statement credited to the six prominent Yoruba monarchs by Animashaun was done in bad faith.

Reacting to the visit, YOV in a statement by its Publicity Secretary, Omoladun Orolugbagbe, expressed sadness over the statement credited to the monarchs, and derscribing it as the antics of a paid agent of southwest politicians who are on a mission to truncate the ideals of Yoruba race.

Orolugbagbe said that Animashaun is well known to be an anti-Yoruba, adding that his visit to the Obas was premature and ill-timed, particularly at a time when the southwest had been ravaged by the Fulani herdsmen.

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The YOV publicity secretary maintained that the six Yoruba monarchs mentioned in the statement were quoted wrongly, insisting that the reason for the visit was too political and was capable of destroying the unity in the south west.

She described Animashaun’s recent move as a subtle attempt to fulfill the dream of his pay-masters, who are majorly politicians from the southwest,declaring that the visit was like a trap too costly for the Yoruba race to fall into.

YOV image maker also said Yoruba monarchs are very diplomatic in nature and would never stoop so low to alter the rave of events that is blowing in the country.

“How can you grossly misquote our revered monarchs like Olubadan, Oba Saliu Adetunji, and Soun of Ogbomosho, Oba Oyewunmi in such a cruel manner, and stylishly setting them against their people in Yoruba land,

“That statement was grossly misleading because the Obas are mostly respected in Yorubaland. They have unique history attached to their different kingdoms and they have their ears to the grounds, and they know what the Yoruba people both home and abroad want,

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“So, none of the Obas mentioned in the statement would drift from an idea and clamour that is geared towards liberating the people of the Yoruba race from the bondage of the Fulani captivity”

“If Adeshina Animashaun is so sure of the statement credited to these six southwest monarchs, let him produce the tape or videos with which the statement was made.

“Then and only then can we believe his version of the story. But I know he is acting a script, because from his attitudes and antecedents, we know he is always a sellout, especially, for the politicians.”

Explaining the reasons for the agitation for self determination, Orolugbagbe said the call for self-determination was in response to the various insecurity challenges ravaging the southwest region.

“Adeshina Animashaun of the Yoruba Appraisal Forum(YAF) is like the Kanu of the Abacha era and nobody should take him serious. The killings across the country on daily basis have justified our call for self determination. Even many of the governors in the North have raised their voices over the killings in the North,no where is spared.

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“The Middle Belters are telling their people to rise in self defence and the entire country is bleeding”
For instance, Sule Lamido, former governor of Jigawa,recently attested to this pogrom, Sultan also said this recently, governors like Samuel Ortom,Ganduje of Kano and others are raising their voices against these huge security challenges”

“Therefore, YOV and other Yorubas in the diaspora will continue to seek international support for a peaceful strategy to drive home our self determination agenda, and for those that seek regionalism based on the federating units, they should continue and never relent in their battle.It is like the two sides of a coin. The battle is neither for the coward nor for the brave, but for those that are very determined and consistent in their struggle for a Yoruba nation that the Yoruba can be proud of,” She said.

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Five pro-Wike commissioners quit Fubara’s cabinet

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A fresh wave of mass resignations has hit the Rivers State Government headed by Governor Siminalayi Fubara after five more commissioners, who are loyal to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, have resigned from the governor’s cabinet.

 

Those who resigned are Chinedu Mmom (from the Ministry of Education), Gift Worlu (from the Ministry of Housing) and Jacobson Nbina (from the Ministry of Transport).

 

Inime Aguma resigned as the Commissioner for Social Welfare and Rehabilitation saying “there is no room for progressional development in the work place”.

 

Austin Ben-Chioma also resigned as the Commissioner for Environment “due to the political crisis befalling our dear Rivers State and other personal reasons”.

 

Mmom and Worlu cited a toxic working environment as the main reason for their exit while Nbina cited “unresolved political crisis” in the state as his reason for exit.

 

The five persons were among the commissioners who first resigned from the governor’s cabinet last December in the wake of the political crisis in the state but were readmitted into Fubara’s cabinet following President Bola Tinubu’s intervention.

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Earlier, three commissioners, Zacchaeus Adangor, Emeka Woke and Alabo George-Kelly also resigned from the Ministries of Justice, Special Projects and Works respectively.

 

Governor Fubara recently announced a plan by his administration to set up a panel of inquiry to probe the governance of the state under the Wike administration.

The governor accused his opponents of deliberately sabotaging his administration while he was hoping that the issue in the state would be resolved amicably.

 

The move was the latest twist in the political crisis rocking the oil-rich state. The development has seen a deepening of the feud between Fubara and the state House of Assembly.

 

Last week, lawmakers loyal to the governor elected a new speaker. Fubara had also issued an executive order relocating the sitting venue of the Rivers State House of Assembly to the Government House, citing safety concerns.

 

The feud is due to the fallout between Fubara and his predecessor and current Minister of the FCT Nyesom Wike. President Tinubu had waded into the crisis last year but the imbroglio appears to be far from over.

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Atiku condemns FG’s plan to use N20trn pension fund for infrastructure projects

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Atiku Abubakar, former vice-president, has condemned the Federal Government’s plan to use Nigeria’s pension fund to finance infrastructure projects.

 

In a post on X on Wednesday, Abubakar said it is a misguided initiative that must be stopped immediately.

 

On May 14, Wale Edun, the finance minister and coordinating minister of the economy, said the government has unveiled a strategic plan to harness the N20 trillion pension fund and other locally available resources for infrastructure development in Nigeria.

 

Edun said it was a significant step towards driving economic progress and addressing critical infrastructure needs.

 

However, Abubakar warned the decision could have devastating effects on the lives of Nigerians who have worked hard, saved money, and now rely on their pensions after retiring from service.

 

“My attention is drawn to a disturbing disclosure by the finance minister and coordinating minister of the economy, Wale Edun, as he addressed state house correspondents after the federal executive council (FEC) meeting at the presidential villa on Tuesday, 14 May,” Abubakar said.

 

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“There is, according to the minister, a move by the federal government to rev up economic growth by unlocking N20 trillion from the nation’s pension funds and other funds to finance critical infrastructure projects across the country.

 

“The minister has indicated that although “the initiative is expected to attract foreign investment interest over time”, domestic savings are his ‘immediate focus’ for now.

 

“He provided no useful details, such as the percentage of the funds to be mopped up from the pension funds, for example.

 

“Even at that, this move must be halted immediately!  It is a misguided initiative that could lead to disastrous consequences on the lives of Nigeria’s hardworking men and women who toiled and saved and who now survive on their pensions having retired from service.

 

“It is another attempt to perpetrate illegality by the federal government.”

 

FG MUST ABIDE BY PROVISIONS OF PENSION REFORM ACT 2014

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Abubakar said the government must be cautioned to act strictly within the provisions of the Pension Reform Act of 2014 (PRA 2014), along with the revised Regulation on Investment of Pension Funds Assets issued by the National Pension Commission (PenCom).

 

“In particular, the federal government must not act contrary to the provisions of the extant Regulation on investment limits to which Pension Funds can invest no more than 5% of total pension funds’ assets in infrastructure investments,” Abubakar said.

 

“I note that as of December 2023, total pension funds assets were approximately N18 trillion, of which 75% of these are investments in FGN Securities.

 

“There is NO free Pension Funds that is more than 5% of the total value of the nation’s pension fund for Mr. Edun to fiddle with.”

 

He said there are no easy ways to address the challenges of funding infrastructure development in Nigeria.

Abubakar added that the minister needs to implement the necessary reforms to regain investor confidence in the Nigerian economy and to leverage private resources, skills, and technology.

 

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BREAKING: Nigeria’s inflation rate rises to 33.69%

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The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose to 33.69 percent in April, as prices of food and non-alcoholic beverages soared.

 

The NBS shared the inflation data in its consumer price index (CPI) report on Wednesday.

 

“Looking at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the March 2024 headline inflation rate,” the NBS said.

 

“On a year-on-year basis, the headline inflation rate was 11.47% points higher compared to the rate recorded in April 2023, which was 22.22%.”

 

Details later…

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