News
ADAMS OSHIOMOLE: The Labour Leader Died
By Babs Daramola
There are moments in a nation’s life when words shock more than bullets. Not because they are violent, but because they are absurd, disconnected and offensive to reality.
When Senator Adams Oshiomhole recently went on national television and declared that Nigerians are now complaining that food is becoming too cheap under President Bola Tinubu, the country did not just hear a statement; it witnessed a rupture in memory, history, and identity.
This was not said by a random politician, or by an out-of-touch technocrat. This was said by Adams Oshiomhole, the one we once knew as the fiery labour leader, street-fighter for the masses; the man who once stood toe-to-toe with power on behalf of the oppressed. And that is what makes it painful.
There was a time when Adams Oshiomhole’s name was synonymous with resistance, courage and labour struggle. He was the voice of the voiceless. He was the man who confronted government with data, with facts, with moral authority. He was a man who spoke the language of the streets because he came from the streets.
This was a man who understood hunger. Who understood inflation. Who understood the cost of survival. So when that same man now looks Nigerians in the face and says food is becoming too cheap, something deeper than politics has gone wrong.
It would be understandable, though still unforgivable, if our distinguished senator now suffers a selective amnesia where facts and data should live. So, let’s help his memory:
In 2022, on a minimum wage of ₦33,000, a Nigerian worker could buy three bags of rice, sometimes even four. Today, with ₦70,000, that same worker struggles to buy one bag of good rice.
In 2022, a full tank of fuel for some cars cost about ₦22,000. Today, an entire minimum wage can’t fill that same tank.A 350g box of cornflakes rose from around ₦600 to ₦3,500 in the same period, while a 900g loaf of bread moved from ₦600 to ₦2,000. A crate of eggs climbed from ₦600 to ₦6,000. These are just scattered samples from a marketplace drowning in inflation.
One then wonders how a man once defined by data and discipline now finds it so convenient to falsify reality on the altar of partisan exuberance, trading truth for loyalty, and conscience for convenience.
So when anyone, especially Adams Oshiomhole, says food is becoming too cheap in Nigeria, it is not just incorrect. It is insulting.
It is one thing to argue that prices may be stabilizing or slowing down compared to last year. It is another thing to claim that food is now cheap. But to say food is becoming too cheap borders on the ludicrous.
That narrative holds neither on the grounds of optimism nor on any known macroeconomic logic. It is pure fiction.People often think poverty destroys reasoning. But Nigerian politicians are daily proving to us that comfort, power and privilege can do the same.
They are letting us know that proximity to authority can breed psychophancy If a man likes Senator Adams Oshiomole can gleefully tell us that food is becoming too cheap under Tinubu’s administration, it only shows one thing: comfort can detach a person from reality; too much power can erase memory, and tha too much politics can rewrite conscience. And that is exactly what we are witnessing.Let’s just pause for a moment.
Imagine the Adams Oshiomhole of the labour movement era leading a union under the current Tinubu administration.
This country would not know peace. Power would not sleep. Policy would be pressured. That Oshiomhole would have shaken this system so badly the government would either be forced to give or go. But that man is gone. What remains is a politician.
Adams Oshiomhole has every right to defend his party. He has every right to defend his political benefactor. He has every right to defend government policies. That is democracy. That is freedom of speech. That is political alignment. But there is a line. And that line is insulting the intelligence and suffering of Nigerians. Defending policy is one thing; manufacturing fantasy is another.
But, honestly, here’s the truth: The real tragedy is not the statement. The tragedy is what it represents. How politics can change people. How power can rewrite identity. How comfort can erase compassion. How partisanship can silence conscience.
Even a deaf and dumb man on the street knows food is not by any means cheap in Nigeria, in relation to available means. The market woman knows it. The bus driver knows it. The mechanic knows it. The teacher knows it. The student knows it. The unemployed youth knows it. Nigeria knows it.
So when a man who once fought for the masses tells the masses that their suffering is imagination, the betrayal is not political; it is moral.
This is not the Adams Oshiomhole we knew. As Professor Wole Soyinka once implied in another context: The man died. True, the labour leader died. What remains is a politician who speaks not from the streets, but from the comfort of power.
And that, more than anything else, is the real tragedy.
Babs Daramola is a Lagos-based broadcast journalist
News
Boko Haram Denies Ceasefire with FG, Vows Continued Attacks
Boko Haram has strongly denied reports of a ceasefire agreement with the Federal Government and insisted that it will continue its campaign of attacks.
In a statement released by the group, the militants dismissed claims of any truce or negotiated pause in hostilities, describing such reports as false and misleading.
The group reaffirmed its commitment to ongoing operations against government forces and other targets, vowing that its attacks will persist without interruption.
The denial comes against the backdrop of persistent insecurity in the northeast and other affected regions, where the group has maintained a long-standing insurgency.
Security sources note that the latest statement appears aimed at clarifying the group’s position and rejecting any suggestion of dialogue or de-escalation with the authorities.
Military and government officials have not issued an immediate detailed response to the claim, though security operations against the militants remain active. Authorities continue to urge vigilance as the group signals its intention to sustain violence.
News
Police Raise Alarm Over Terrorists and Informants Spying on Schools, Other Targets
Police authorities have raised a serious alarm over intelligence indicating that terrorists and their informants are actively spying on schools and other sensitive targets across the country.
According to security sources, the surveillance activities form part of a broader effort by extremist groups to gather information on soft targets, with educational institutions identified as particularly vulnerable. Officials warn that such reconnaissance could be a precursor to planned attacks and have called for immediate heightened vigilance by school administrators, security personnel, and the general public.
The police statement urges institutions to strengthen access controls, report suspicious individuals or activities promptly, and cooperate fully with security agencies. “We are treating these reports with the utmost seriousness,” a senior police official said, noting that the involvement of local informants makes the threat more difficult to detect.
The military has responded by confirming that it is closely monitoring the situation. In a brief statement, military authorities said relevant formations have been placed on alert and are working in coordination with the police and other security agencies to track and disrupt any potential threats.
Security experts note that schools and public gathering places have increasingly featured in the operational planning of terrorist groups in recent years, making continuous intelligence sharing and community awareness critical to prevention. Authorities continue to appeal for calm while stressing that proactive measures are already underway.
News
Dangote Refinery IPO: SEC Warns Investors, ‘Don’t Pay Into Wrong Hands’
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
• Aliko Dangote , flanks by her daughters and capital market regulators, during the gong opening ceremony on the NGX, Monday September 14,2026
The Securities and Exchange Commission (SEC) has warned prospective investors in the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) against fraudsters and unauthorised platforms seeking to divert subscription funds.
The warning came as the refinery’s was quoted on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026, marking a major milestone in the company’s planned public offer.
With strong public interest expected around one of Nigeria’s largest capital-market offerings, the SEC urged investors to deal only with officially designated and approved receiving agents, subscription channels and platforms.
“The public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms,” the Commission said.
The regulator’s alert highlights growing concerns over the possibility of fake investment websites, cloned platforms, fraudulent payment channels and individuals posing as authorised agents to exploit the huge interest generated by the Dangote Refinery offer.
The SEC therefore advised prospective investors to obtain information about the IPO only through the Commission’s official channels, the issuer’s official channels and other channels specifically established and approved for the offer.
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
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