News
Presidency fumes, tackles Obasanjo over democracy comment

The Presidency, on Monday, blamed former President Olusegun Obasanjo for the current state of Nigeria’s democracy.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, noted that the democracy the country currently practises dates back to direct inputs by Obasanjo when he led the country’s first as military Head of State from 1976 – 1979 and as civilian President from 1999 – 2007.
“Obasanjo ought to know that he brought this thing into Nigeria. He was the one who made us adopt it in 1979. He must have seen it as expensive and unsuitable when he governed us for eight years and even wanted an extension for another four years.
“So, the way he is sounding, it is like the man is getting wiser after leaving office,” Onanuga said, reacting to Obasanjo’s post-presidential stance.
The Presidency’s response followed comments made by Obasanjo at the high-level consultation on Rethinking Western Liberal Democracy in Africa held at Green Resort Legacy, Olusegun Obasanjo Presidential Library, Abeokuta.
Obasanjo had criticised Western democracy, suggesting it had not delivered good governance and development in Africa.
He called for a reexamination and moderation of democracy to better suit African nations, citing the Western model’s disregard for African history and complexities.
Obasanjo proposed an “Afro democracy” tailored to the continent’s unique needs.
The ex-president said the snag with the liberal democracy was that it was not home-grown and did not take into account African history and multicultural complexities, among other peculiarities.
Picking holes in the Western liberal democracy, Obasanjo described it as a “government of a few people over all the people or population and these few people are representatives of only some of the people and not fully representatives of all the people. Invariably, the majority of the people are wittingly or unwittingly kept out.”
According to him, African countries have no business operating a system of government in which they have no hands in its “definition and design.”
Obasanjo said, “The weakness and failure of liberal democracy as it is practised stem from its history, content and context and practice. Once you move from all the people to a representative of the people, you start to encounter troubles and problems.
“For those who define it as the rule of the majority, should the minority be ignored, neglected and excluded? In short, we have a system of government in which we have no hands to define and design and we continue with it even when we know that it is not working for us.
Those who brought it to us are now questioning the rightness of their invention, its deliverability and its relevance today without reform. The essence of any system of government is the welfare and well-being of the people, all the people.”
He argued that Nigerians must “interrogate the performance of democracy in the West where it originated from and with us the inheritors of what we are left with by our colonial powers.”
But the Presidency blamed the former leader for a poorly copied model during his tenure as Head of State and, later, President.
It criticised Obasanjo for not advocating a better system despite his current views saying, “If he believes in what he is saying now, he ought to be an advocate of the need to go back to the parliamentary system.”
Onanuga added, “We were practicing the parliamentary democracy the British left for us. Then, the military struck in 1966. And when we were going to return to democracy, instead of going back to what we were practicing before, parliamentary democracy, which was not expensive, it was this same Obasanjo who accepted the recommendation of the constitutional assembly at that time that recommended this American-style democracy.”
The Presidency criticised Obasanjo’s implementation of the presidential system, saying, “Obasanjo also knew that he copied this presidential system very wrongly. He copied the form and structure. But he didn’t copy the spirit of it.”
“Something that should have been under him in 1999 to 2007, he even made attempts to modify the constitution,” Onanuga remarked.
Business
Afriland Fire: United Capital Confirms Death of Six Staff, Death Toll Rises to 10

Financial services firm, United Capital Plc, has confirmed the death of six of its employees in the tragic fire that engulfed Afriland Towers on Broad Street, Lagos Island, on Tuesday, September 16, 2025.
This announcement brings the official death toll to ten, following an earlier confirmation by the Federal Inland Revenue Service (FIRS) that four of its staff also died in the incident.

The fire, which broke out just before 1:00 p.m. on Tuesday, tore through the six-storey commercial building, housing several offices and businesses, leaving widespread devastation and loss in its wake.
In an official statement released on Thursday, United Capital expressed deep sorrow over the loss of its staff.
“It is with profound grief that the Management and Staff of United Capital Plc announce the passing of six of our dear colleagues, following the tragic fire at Afriland Towers,” the statement read.
“Our departed colleagues were an integral part of our company and family. Their painful loss leaves an immeasurable void.”
The company extended its heartfelt condolences to the families, friends, and loved ones of the deceased, assuring them of continued support during this difficult time. Plans are underway for a memorial service to honour the victims.
United Capital also expressed appreciation to emergency responders for their swift intervention during the incident.
“In this moment of untold grief, we stand together in solidarity, drawing strength from one another as we navigate this period. May the souls of the departed rest in peace.”
Authorities are continuing investigations to determine the cause of the fire.
News
NNPC Trading Limited MD appointed as Nigeria’s OPEC representative
We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC).

The Nigerian National Petroleum Corporation Trading Limited says that its Managing Director, Maryamu Idris , has been appointed as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries.
NNPCL announced the development on its X handle on Wednesday, and said Idris’s new role marks a pivotal step in representing Nigeria’s interests within the influential cartel of oil-producing nations.
“We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC),” the statement read.
The corporation hailed her achievements in many capacities in the oil sector.
Maryamu’s extensive experience in the energy sector includes leading Pricing and Valuation efforts within NNPC’s Crude Oil Marketing Division and serving as a Technical Advisor to Nigeria’s OPEC Delegation.
She also played a foundational role in Nigeria’s engagement with the Extractive Industries Transparency Initiative (EITI) and contributed to oil sector reforms through her work with the Bureau of Public Enterprises and the Oil and Gas Implementation Committee (OGIC).
News
FIRS loses 4 senior staff in Lagos Afriland Towers Fire
The deceased staff were identified as Mrs. Ekelikhostse George, Assistant Director; Mr David Sunday-Jatto, Assistant Director; Mrs. Nkem Onyemelukwe, Senior Manager; and Mr. Peter Ifaranmaye, Manager.

The Federal Inland Revenue Service, (FIRS) has confirmed the death of four of its senior staff members in the fire incident that gutted Afriland Towers on Broad Street, Lagos, on Tuesday.
The deceased staff were identified as Mrs. Ekelikhostse George, Assistant Director; Mr David Sunday-Jatto, Assistant Director; Mrs. Nkem Onyemelukwe, Senior Manager; and Mr. Peter Ifaranmaye, Manager.
In a statement confirming the incident, Mr Dare Adekanmbi, Special Adviser on Media to the FIRS chairman, said that the victims were trapped while on duty at the two FIRS offices located on the sixth and seventh floors of the building when the inferno broke out.
“Our Security and Safety officials quickly mobilized and contacted the fire service as soon as they were alerted. On getting to the scene, thick dark smoke was already billowing out of the building.
“The Management and entire staff are in deep shock and sorrow over the development,” he said.
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