News
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
Mauritania’s Tah succeeds Adesina as 9th AfDB President
Tah was elected to succeed Adesina after rounds of voting conducted by the AfDB Board of Governors during the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire.

Mauritania’s Sidi Ould Tah has been elected as the ninth president of the African Development Bank Group (AfDB) as Nigeria’s Akinwumi Adesina prepares to bow out.
The Bank announced his election on its website on Thursday.
Adesina’s 10-year tenure will end this year and Tah is expected to assume office on September 1, 2025.
Tah was elected to succeed Adesina after rounds of voting conducted by the AfDB Board of Governors during the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire.
The Board comprises finance ministers and central bank governors from the Bank’s 81 member countries.
News
JUST IN: Appeal Court Affirms Okphebholo as Edo Governor

The Court of Appeal in Abuja has affirmed Monday Okphebholo as duly elected in the September 21, 2024 Edo Governorship polls, as it affirms the decision of the Tribunal which on April 2 dismissed the petition of Asue Ighodalo of the People’s Democratic Party (PDP) for lacking merit.
A three-man panel of the Appeal court, presided over by Justice Mohamed Danjuma, restated the position of the Tribunal which held that the PDP failed to provide sufficient and credible evidence to substantiate their claims of electoral malpractice, irregularities, and non-compliance with the Electoral Act.
The panel held that the PDP failed to provide sufficient and credible evidence to substantiate their claims of electoral malpractice, irregularities, and non-compliance with the Electoral Act.
The Appellate Court agrees with the Tribunal that the Bimodal Voter Accreditation System (BVAS) Machines which the appellants tendered were merely ‘dumped’ as they weren’t demonstrated to prove overvoting.
This the Court held after it earlier expunged the 133 BVAS machines admitted in evidence at the Tribunal stage of the Governorship tussle.
Ighodalo and the PDP were further faulted by the Appellate Court for failing to tender the voter register to prove overvoting.
The Court further adds that BVAS extract doesn’t constitute items with which to prove overvoting. It says the documents tendered by the PDP at the Tribunal did not, on their own, prove overvoting, non-holding or cancellation of elections at the polling units.
To further puncture the case of the PDP, the panel says the 19 witnesses called by the appellants during the Tribunal hearing didn’t help their case.
It says the majority of them did not witness what they spoke about. Moreso, it adds they were insufficient to prove irregularities in polling stations at over 4,000 locations.
Nigeria’s electoral body, INEC, had declared Okpebholo the winner with 291,667 votes, against Asue Ighodalo of the PDP who garnered 247,274 votes.
News
Betta Edu Congratulates President Tinubu On His Two Years In Office

The former Honorable Minister of Humanitarian Affairs and Poverty Alleviation. former, Dr Betta Edu, has congratulated President Bola Ahmed Tinubu on his Two Years in Office.
Edu, who joined millions of Nigerians and members of the All Progressives Congress, APC to heartily congratulate the president on his second year in office as the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria said the president has been a true father to all.
Her statement reads: Mr. President, Father of the nation.
I join millions of Nigerians and members of our great party, the All Progressives Congress, APC to heartily congratulate you on your second year in office as the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria.
Despite the obvious challenges, your dedication to transforming Nigeria and changing the economic landscape by improving the lives of the citizens in the long run is visible, even to the greatest critics.
It’s has not been an easy ride navigating terrains that even lions won’t dare! Your commitment to hard work and a result oriented leadership is unprecedented.
The focus of your administration on economic rejuvenation is evidently changing the narrative and Nigerians are witnessing the positive impacts, including infrastructural development, education for all, affordable housing, huge improvement in the security situation among others, in just two years.
These positive developments underscore the renewed hope agenda of your administration.
Your Excellency, this was the toughest two years of your four + four years journey leading our nation.
The right foundation has been laid; it’s time for the fruits to blossom.
Forward forever, Nigeria will experience a rebirth, under your dynamic and visionary leader, A Lion is never distracted by the bleats of goats.
Mr. President keeps raising the bar….her statement reads.
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