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Okonjo-Iweala Tells Country “Don’t Touch CBN, Economic Policies That’s Working “
But where things are working to the good, we ask, why fix what is not broken?
Ngozi Okonjo-Iweala, the Director-General, of World Trade Organisation (WTO) has advised Nigerian governments not to tamper with the economic and social policies that are working.
She gave the advise during the Annual General Conference of the Nigerian Bar Association (NBA) themed ‘Pressing forward: A National Posture for Rebuilding Nigeria.’
In a keynote address, Ngozi Okonjo-Iweala, said : “I’m here to speak to all governments of my country, all political parties, all Nigerians, about a positive way forward for the country.
We all understand that where policies are bad and not working, of course politics should intervene.
“But where things are working to the good, we ask, why fix what is not broken?
“No one should tamper with the Central Bank asking for the manipulation of interest rates or exchange rates.
Do not use the Central Bank as a fiscal agent asking for the printing of naira beyond agreed Ways and Means limits as this can fuel inflation.
At the event in Lagos, Ngozi Okonjo-Iweala, decried a phenomenon among the political leaders she labelled as the “not-in-my-administration syndrome” of jettisoning policies.
The economist believes certain sacrosanct policies should not be changed whenever there is a change in administration.
The former finance minister said: “Nigeria today is not where it should be, and our country has not progressed as it should have.
“That is why, more than 60 years after independence, we are still discussing nation-building.
“But we must shift our focus from blame games to concrete actions that tackle present and emerging challenges.
I said this not in recrimination or even in futile regret, but rather as part of moving our country and advancing its interests.
I’m not here to castigate or blame anyone.
“By social contract, I mean a fundamental cross-party, cross-society agreement that certain things in the economy, in the country, in policy and society are sacrosanct and shall not be touched or changed when administrations change.”
News
US military strikes in Nigeria killed 155 Lakurawa terrorists -Report
Dando Sibu, a key Lakurawa commander, is reported to have survived the attack because he left the location less than five minutes before the second missile was fired.
Military strikes conducted by the US in December 2025 killed 155 Lakurawa terrorists in Sokoro, a report by The New Humanitarian has claimed.
The US focus was Lakurawa though the strikes didn’t touch other jihadist groups including Boko Haram, as well as the al-Qaeda-linked Ansaru.
The publication also claimed that the attacks left 200 additional Lakurawa fighters missing in the week following the operation.
The strikes, carried out in collaboration with Nigerian authorities, were believed to have involved Tomahawk missiles launched from a US destroyer positioned in the Gulf of Guinea.
The missiles targeted three districts in Sokoto State: Isa, Tangaza, and Tambuwal, though only Tangaza is widely recognised as a core area of Lakurawa.
It is believed that Tambuwal is not generally associated with organised armed violence; while Isa is a bandit stronghold largely controlled by Bello Turji.
Although details of the strike on Isa remain unclear, Turji is widely believed to have survived the attack.
A Lakurawa camp in Tangaza, however, reportedly suffered significant losses.
The New Humanitarian reports that there were two missile hits.
The first reportedly killed around 30 fighters. As surviving members converged to assess the damage and assist the wounded, a second missile struck, killing those who had gathered.
In total, an estimated 155 Lakurawa were killed, including 19 who were initially injured but later succumbed to their wounds.
Dando Sibu, a key Lakurawa commander, is reported to have survived the attack because he left the location less than five minutes before the second missile was fired.
However, in the week following the strikes, about 200 Lakurawa fighters were reported missing. The group was also said to have lost nearly half of its cattle, which is a major source of its revenue.
(The Sun)
News
Curfew, restriction for Akran of Badagry’s burial rites
Residents said the rites would affect social and commercial activities around the palace and may force many residents especially those working outside Badagry to return home early.
Following the death of the 89-year-old monarch, De Wheno Aholu Menu-Toyi I, the Akran of Badagry., restrictions have been imposed on vehicular movements around the palace vicinity with some sections of the road leading to the place barricaded.
Commuters were said to be directed to take alternative routes.
Sources said the traditional worshippers have started observing rites necessitated by the demise of the monarch.
Security and palace officials were seen restricting movement in the immediate vicinity.
Residents said the rites would affect social and commercial activities around the palace and may force many residents especially those working outside Badagry to return home early.
News
Akran of Badagry is dead, aged 89
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
Photo: Akran of Badagry, De Wheno Aholu Menu-Toyi
The traditional ruler of the Badagry local government area in Lagos State, the Akran of Badagry, De Wheno Aholu Menu-Toyi, is dead, aged 89.
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
According to the palace, the Akran was pronounced dead by medical experts, after a brief illness, and the traditional rites for his burial have gradually commenced.
Residents of Badagry, who are currently mourning the loss of their revered monarch, described his death as a heavy blow, noting that the town has lost not just a king but a father figure whose wisdom, counsel and presence brought reassurance in moments of uncertainty.
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