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Tinubu: I Take Tough Policy Decisions In People’s Interest
President Bola Ahmed Tinubu, on Thursday, said his government would continue to take difficult decisions for the Nigerian people, despite the short-term pains that often come with such choices.
Speaking at a meeting with Prime Minister Mark Rutte of the Netherlands, in The Hague, Tinubu said Nigeria had seen the worst of storms, yet he was not afraid of the consequences of his actions since they were in the best long-term interest of the people.
Noting that Nigeria offerred immense trade opportunities to the Netherlands across a pool of sectors, Tinubu, who met Rutte at his official residence, known as The Catshuis, in The Hague, also stated that his administration was already deepening reforms to enhance the investment climate.
The president disclosed that Nigeria was well-positioned to power the clean energy future of Europe and the world with its high-grade lithium deposits.
Tinubu said Nigeria sought robust, balanced, and mutually beneficial partnerships that would bring about value-addition in areas like solid minerals.
He reiterated that Nigerians had tremendous confidence in themselves and his confidence in the Nigerian people gave him the courage to take difficult decisions on their behalf, given his full awareness of the need to give Nigerians the long-term tools they need to succeed.
The president stated, “I am a determined leader of my people. I have and will continue to take the difficult decisions that will benefit our people, even if there is short-term pain.
“We have gone through the worst of the storms. I am unafraid of the consequences once I know that my actions are in the best long-term interests of all Nigerians.
“Taking a holistic view of the world order, there is a tremendous opportunity between us across trade spheres, but especially in solid minerals, where we have high-grade lithium deposits that we know can power the clean energy future of the world.
“There is excellent value-additive opportunity in Nigeria. The world knows us for oil. They will soon know us for greater innovative exploits in other areas.”
Tinubu said Nigeria boasted a highly energetic and self-motivated youth population.
He stated, “We have an extremely dynamic youth population in Nigeria. It is a young country. Seventy per cent of our people are under the age of 30, and when we are referring to 200 million plus citizens, it represents both a massive workforce and a massive market for Dutch and other international investors.
“If our young people know they can achieve a good future in Nigeria, they will stay home and build our nation to greatness.
“Lawful migration of trained Nigerian minds and hands will be a benefit to Europe, and irregular migration will no longer be a source of fear in Europe if we partner effectively.
“This is what we want and it is why we are adamant about providing student loans and new credit opportunities to not only enhance the skills of our people but also to ensure that they can access a higher quality of life within their legitimate incomes. We will transform our economy, and our young people will be the reason why.”
On the state the nation’s currency, Tinubu said, “The Nigerian naira is one of the world’s best performing currencies today. We took the necessary risk, and all resilient Nigerians kept faith with us.
“They will be rewarded, and the reward will only be greater as we partner effectively with you on new opportunities for development. As leaders, we must take decisions for the benefit of our nations, and we cannot shy away from that.”
He expressed his firm commitment to develop the developmental partnership between the European Union (EU) and Nigeria, stating that symbiotic economic ties remain the best long-term path to sustainable and mutual prosperity rather than one-sided relationships in which bilateral trade is skewed too much in one direction.
Specifically, to the Dutch industry, Tinubu stressed that bilateral partnerships must be mutually beneficial, transformative, and must translate into real gains for ordinary citizens.
Speaking at the Nigeria-Netherlands Business and Investment Forum at The Hague, the Nigerian president emphasised the significance of stronger ties between Nigeria and the Netherlands.
He said both countries must explore more creative channels of collaboration, through partnerships, joint ventures, or strategic alliances in order to build bridges that could connect markets and facilitate the flow of goods, services, ideas and peoples.
Tinubu said, “I am delighted and honoured to be at this occasion of the Nigeria-Netherlands Business Forum. This is a platform that symbolises the potential for collaboration and partnership between our two nations.
“It is worthy to note that while this forum seeks to highlight and advance the potential of mutually beneficial partnerships, I wish to state here that we must also ensure that the partnerships are creative and transformative in such a manner that the ordinary citizens of our countries can reap verifiable gains.
“It is on record that Nigeria and the Netherlands have established business ties for decades. There is every need to re-invigorate this relationship. This is a call for creativity on the part of all of us.”
While noting the long history of diplomatic relations between Nigeria and the Netherlands, Tinubu called for even stronger bonds, not just in diplomacy but also in commerce, innovation, and enterprise.
According to him, “Our countries possess unique strengths and resources. It is through collaboration that we can harness these strengths, unlock new opportunities, and drive economic development.
“Together, we have the potential to create synergies that will benefit our present and future generations. We must endeavour to replicate the success stories of various Dutch companies and enterprises by learning and sharing their experiences and approaches for the benefit of all.
“As the world braces up for today’s economic challenges, which in many ways affect our two countries, a creative approach to the search for investment-minded solutions will prove to be the most viable path to the level of sustainable development that we all desire.
“In line with the above vision, I believe that we must endeavour to push this narrative into our daily business activities and to move toward industrial value addition, agribusiness, innovative technology, green energy, marine economic expansion, as well as solid mineral exploitation and processing.”
Tinubu emphasised that relations between Nigeria and the Netherlands would henceforth set a new tone and foundation for stronger economic ties between both countries.
He stated, “As we engage in discussions and negotiations today, let us do so with a spirit of openness, trust, and mutual respect. Let us listen to one another, learn from each other, and find common ground that will allow us to move forward together in pursuit of our shared prosperity.”
Tinubu said his administration was enhancing the business environment in Nigeria to make it friendly through various reforms.
He said such reforms included, “The cleaning up of our foreign exchange market to make it more transparent for seamless business transactions, removal of the fuel subsidy, and the readiness of the Central Bank of Nigeria to provide the necessary window to allow foreign companies repatriate their profits, among others.”
Tinubu said the improved business environment in Nigeria was making the country an investors’ paradise. He urged business men and women to take advantage of these opportunities for mutually rewarding economic partnerships between Nigeria and the Netherlands.
Rutte, on his part, stated that Tinubu’s economic reforms had engendered greater confidence in the Nigerian economy by international investors, adding that Dutch investors have activated another set of $250 million worth of new investments over the next few months, including a $100 million investment in a waste-to-wealth industrial facility in Lagos State.
The Dutch prime minister said, “You are promoting democratic governance and the solutions it can bring in dealing with problems of development. I saw how you went through democratic channels to remove an incumbent president in 2015 in partnership with President Buhari and how that has led to development in your country.
“I saw you take the courageous decision to deal with fuel subsidies and other reforms, and we are interested in what allowed you to take the decisions that many before you could not take.
“And you took those decisions early in your term. It shows rare determination. And your stand in ECOWAS, all of these point to your commitment in leadership.”
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Tinubu Working To Bring Smiles To Nigeria, Obasa Says
– as Methodist Archbishop advocates for Muslim governor in 2027
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has urged Nigerians not to despair as the administration of President Bola Tinubu is working to resolve the country’s challenges.
“The outgoing year is indeed a challenging one, especially considering the economic situation of the country. Nevertheless, we have solace in the fact that the government of Asiwaju Bola Ahmed Tinubu, GCFR is not leaving any stone unturned to bring us to our promised land.
“Mr. President is busy doing everything possible to put smiles on our faces. Trust me, succour is coming. I urge us to keep the hope alive,” Dr. Obasa said during the Assembly’s 22nd Annual Thanksgiving Service with the theme: ‘The Voice Of Mercy’.
At the event which had officials from the various arms of the state government, members of the Governance Advisory Council (GAC), traditional rulers and guest preachers, the Speaker urged Nigerians to enter 2025 with renewed passion and vigour.
Quoting from various portions of the Bible, Dr. Obasa said the country had reasons to thank God for His mercies, love and faithfulness.
“In times like these, when the world can seem overwhelming and uncertain, it is crucial to remember the enduring message of mercy and grace that is ever-present in our lives. Indeed, it is through God’s mercy that we find strength, solace, and renewal.
“May we acknowledge God’s sovereignty and mercy in our lives, recognising that our blessings and successes are not solely the result of our efforts, but rather a manifestation of God’s mercy and compassion,” he said while urging citizens to also learn to show mercy to one another.
In his sermon, Most Rev. Isaac Ayo Olawuyi, Archbishop of the Methodist Church Nigeria (Lagos), urged Nigerians to be merciful to one another in line with God’s instruction.
“When the mercy of God is upon you, all protocols are be broken. All things are possible by the mercies of God. We receive forgiveness of our sins from Him by His mercies. The nation needs God’s mercy and it is by His mercy that we can overcome our predicaments and our shortcomings.
“How many people have you helped and taken care of? Go and show love and mercy,” he said.
He praised the Speaker for his leadership and collaboration with the other arms of government saying these have kept the state strong.
“You have been a true and sensitive leader with a big heart. You have proved yourself worthy. We pray that God will continue to use you to make us smile in Lagos and also grant you your heart desires,” he said while commending President Tinubu for the steps he has taken so far.
The Archbishop ended his sermon with an advocacy for a Muslim as the governor of Lagos in 2027 arguing that this was in the spirit of religious tolerance.
“I also want to add that we have consideration for religious inclination in Lagos State. It would be 12 years in 2027 that we have been in the system together and we have been having Christians as governors.
“Now, it’s time to give our Muslim brothers a chance to govern us in Lagos State. We want to pray that when it’s time for the election, it would be a time for us to elect who will govern us in Lagos State effectively,” he said.
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Senate Issues Warrant Of Arrest Against Julius Berger
The Nigerian Senate has issued a warrant of arrest against the management of construction company, Julius Berger, for snubbing its invitation on several occasions.
The Senate’s resolution on Thursday followed a motion raised by Senator Osita Ngwu, representing Enugu West, expressing concern over Julius Berger’s repeated failure to appear before the Senate Committee on Works.
The lawmaker noted that Julius Berger has many failed contracts littered all over the country, stressing that there was need to investigate the development.
However, according to him, the company is taking the Senate for granted.
Making reference to the power of Senate to summon anyone before its investigative committee, Ngwu said: “If a committee summons any person or entity to come for a committee hearing and that entity does not send a representative or do not appear in any way, the normal thing is to report to the presiding officer and then warrants will be issued.”
The lawmaker urged the Senate President to compel Julius Berger to appear for investigation.
His position was supported by Senator Abdul Ningi representing Bauchi Central, who pointed out that the Senate President is empowered by the Constitution and the Senate Rules to order the appearance of anyone through a warrant of arrest.
“The committees, of course, derive their powers on the same standard rules.
“The Constitution gives the National Assembly such powers. There is no way in Order Paper, not in the powers and privileges of the National Assembly, because a committee chairman is saddled with the capacity to compel.
“It is the presiding officer that compels, and therefore, when a matter of this nature is brought before a house, the committee now seeks the mandate of the entire Senate.”
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₦80.2bn Fraud: Court Grants Yahaya Bello ₦500m Bail
The Federal High Court, Abuja, on Friday, granted the immediate past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum.
This was after the former governor had pleaded not guilty to the 19-count charges brought against him by the Economic and Financial Crimes Commission.
He is facing an alleged money laundering trial to the tune of N80bn but pleaded not guilty to all the charges.
When the case was called for hearing on Friday, Counsel for the EFCC, Kemi Pinheiro, SAN, notified the court of the intention of the prosecution to withdraw an earlier application for abridgment of the earlier date fixed for arraignment.
He said the application had been overtaken by events. The defendant’s counsel, led by Joseph Daudu, SAN, did not object, and Justice Emeka Nwite accordingly granted the request.
After the defendant had taken his plea, Daudu, SAN, made clarifications on the reasons he had not been in court during the previous hearings.
“I would like to place on record that for any impression that might have been created that the defendant did not wish to appear before your lordship, coincidentally, the ruling on my lord’s sitting this morning dealt with the issue of jurisdiction.
“What the defendant did was to ask his counsel to challenge the jurisdiction of the court, which got to the Court of Appeal and the Supreme Court.
“So it was not wishful disrespect, but he was only trying to defend himself. So we all hold your lordship in high esteem. If that impression must have been, he should not have presented himself for arraignment. That episode is gone, and things are clearer now,” the counsel stated.
While moving an application for bail, he assured that the former governor would always be present in court for the trial.
“I am saying this with the highest sense of responsibility that the defendant, a two-term governor of Kogi State who travelled only two times out of his eight years in service, will always be present in court at all times.
“There should be no apprehension that he will jump bail. So we urge your lordship to grant us very reasonable conditions of bail such that he will be able to bear,” the defendant’s counsel said.
He commended the prosecution counsel, saying he had conducted himself in the best tradition because the matter was not a do-or-die one.
He said they had agreed that the counsels would not stress his lordship over the issue of bail.
The prosecution counsel concurred.
Pinheiro, SAN, said, “I must express my honour to the very eminent lead senior counsel. He is a man of immense stature, not because of his size.
“I do respect him as former president of NBA. I also confirm that we have been engaging in a series of discussions to ease the burden on your lordship in compliance with Rule 26 of the Rules of Professional Ethics.
“I also note that your lordship had delivered not less than five rulings in this matter and it is our aim to ease the work. We are prosecutors, not persecutors, and EFCC is a professional commission, a prosecutorial, and not prosecutorial commission,” he said.
He added, “We accept the assurances of the very eminent SAN that the defendant will make himself available subject to your lordship’s discretionary terms that may be imposed.
“By so doing, we will ease the burden on the court. Therefore, we will not be opposing the eminent SAN’s submission.”
The prosecution counsel said though they had filed a counter-affidavit, they would not oppose the bail, going by the assurances of the learned SAN.
Ruling on the bail application, Justice Nwite said, “I have listened to the submissions of both counsels. It is not in dispute that both counsels have filed applications in respect of this.
“Based on the account exhibited by learned counsel for the defendant, which was exhibited and supported by prosecution counsel, I am minded to change my earlier stand on this matter.”
He granted the defendant N500 million bail with two sureties.
“Sureties must be landed property owners within the jurisdiction of this court. They must swear to affidavits of means. The title deeds of properties to be verified by the court registrar,” he said.
The defendant was also asked to submit his international passport, and he would remain at the Kuje Correctional Centre pending the perfection of the bail conditions.
It will be recalled that the ex-governor was earlier remanded in a fresh N110bn charge by EFCC, pending his bail application.
Meanwhile, the judge has fixed February 24, 2025, for hearing into the matter.
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