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#EndBadGovernance Protests Continue, Tinubu Addresses Nigerians

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Live Update:

Nigerians have poured into the streets in major cities across the nation to protest against economic hardship despite the government’s last-minute push to prevent the demonstration.

Inflation has reached 34 per cent owing majorly to the twin policies of subsidy removal and floating of the naira. That has pushed the cost of basic items beyond the reach of millions of Nigerians.

Talks about the demonstration tagged #EndBadGovernance protest had gained momentum on social media, leading discussions among young Nigerians on digital platforms.

Authorities across the country had in the wake of calls for the protest rallied around to halt it.

They warned that they might be hijacked by criminals. While they admitted to the challenges facing the nation, they urged the organisers to shelve the protest and give the government more time to address the issues raised.

But undeterred, the Take It Back Movement, one of the organisers of the protest said it was not going back on the rallies.

Some of the demands of the protesters include the restoration of petrol subsidies and the forex regime.

They also want the government to address food shortages, unemployment, and wasteful spending by those in power.

Other are immediate reforms of the electoral umpire, the Independent National Electoral Commission (INEC), and the anti-graft agency, the Economic and Financial Crimes Commission (EFCC) with renewed vigour in the fight against corrupt politicians.

07: 00am: President Bola Tinubu addresses Nigerians after three days nationwide #EndBadGovernance protests.

Welcome to our Day 4 coverage of the #EndBadGovernance protest.

10: 43pm: Kano Government relaxes curfew by six hours.

10: 41 pm: A violent clash between security operatives and protesters defying a government-imposed curfew left several people feared dead and many others injured in Kano.

08: 15pm: The dusk-to-dawn curfew imposed in the Keffi Local Government Area of Nasarawa State following the violent aftermath of the protests has been lifted.

08: 00pm: The FCT Police Command in response to a video footage making the rounds alleging the killing of a yet-to-be identified teenager by police operatives in Kubwa while protesting on August 3rd, 2024, has denied the allegation stating that policemen are not responsible for the killing of the teenager.

06: 00 pm: President Bola Tinubu succumbed to growing calls for him to address the nation amid widespread #EndBadGovernance protests that entered its third day on Saturday.

The ex-Lagos governor who has been at the centre of rallies against economic hardship and high living cost that have reverberated across Nigeria’s 36 states and the nation’s capital Abuja will address over 200 million citizens on Sunday, August 4, 2024, at 7:00 am, his spokesman Ajuri Ngelale said in a statement.

03:55 pm: ‘Encourage local production in large quantities,’ protester in Benin, Edo State airs grievance.

03:33 pm: Jigawa government lifts curfew, arrests over 200 suspected looters.

05:07 pm: The police are monitoring the security situation with a helicopter as the crowd increases in Port Harcourt, Rivers State.

Residents who did not join the procession show solidarity with protesters.

02:23 pm: Protesters in Port Harcourt, Rivers State, briefly obstructed Governor Siminalayi Fubara, insisting that he comes down to address them.

01:15 pm: In Port Harcourt, the protesters were entertained by artist Sky B around the Rumuobiakani roundabout.

Most of the demonstrators are using palm fronds or just any green leaves. That is even noticeable with motorists.

12: 49 pm: As the #EndBadGovernance protest enters Day 3, some traders in markets within the Port Harcourt metropolis have lamented a hike in prices of foodstuff due to increased transportation.

Meanwhile, life is normal in the city even as the protesters are resolute to persist in their demands.

11: 50 am: The police have arrived at the MKO Abiola Stadium in Abuja and have dispersed the protesters with tear gas.

10:45 am: A few protesters have gathered at the Moshood Abiola Stadium in Abuja.

The crowd is far smaller than Friday’s. However, these few demonstrators have vowed to continue with the protest.

10:13 am: In Benin City, Edo State, protesters are now in the Ring Road area of the state. It’s a carnival-like scenario in the heart of the capital.

09:09 am: In Port Harcourt, the Rivers State capital, protesters are also sprinkling in at the Pleasure Park on Day 3 of the demonstrations.

08:51 am: Only a handful of protesters are in the Ojota area of Lagos State. Security operatives are also on the ground.

08:13 am: Borno state governor, Babagana Zulum, has lifted the curfew imposed in the aftermath of the Kaworu bomb blast that resulted in the deaths of 16 people and left several others critically injured.

07:50 am: The Taraba State government says it is opening a safe protest situation room.

06:33 am: Gov. Eno Commends Akwa Ibom Youths, Announces Monthly Support Programme.

The Akwa Ibom State Governor, Pastor Umo Eno, has commended youths of the State for distancing themselves from the nationwide protest thereby maintaining the peaceful ambiance of the state throughout the day.

In reciprocity of the gesture, the Governor disclosed plans by his administration to launch a social welfare programme that will provide monthly support for about 5,000 youths in the state.

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60 Million Nigerians Engage Daily in Gambling Activities

Agama raised concerns over the alarmingly low participation of Nigerians in the traditional capital market, revealing that fewer than 4 per cent of the country’s adult population are active investors.

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•SEC DG, Dr. Emomotimi Agama.

More than 60 million Nigerians engaged daily in gambling activities, spending an estimated $5.5 million every day.

This was disclosed by the Director-General of Securities and Exchange Commission (SEC), Dr. Emomotimi Agama.

Agama made the revelation in a lead paper, titled “Evaluating the Nigerian Capital Market Master plan 2015-2025,” presented during the annual conference of the Chartered Institute of Stockbrokers.

He said, “This reveals a paradox, a risk appetite clearly exists, but not the trust or access to channel that energy into productive investment.”

He disclosed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024, underscoring the sophistication and risk tolerance of investors that the traditional market has yet to capture.

Agama raised concerns over the alarmingly low participation of Nigerians in the traditional capital market, revealing that fewer than 4 per cent of the country’s adult population are active investors.

He described the low participation rate as a major impediment to economic growth and capital formation.

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BREAKING: Dangote Refinery Set to Dominate Global Oil Production with Massive Capacity Boost

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In a stunning development that’s sending ripples through the global energy market, the Dangote Refinery in Nigeria is dramatically expanding its production capacity.

Originally designed to process 650,000 barrels of crude oil per day, the refinery is now slated to reach a staggering 1.4 million barrels per day, making it, by far, the largest refinery in the world.

This ambitious expansion marks a significant milestone for the African continent and promises to reshape the landscape of oil refining.

The increased capacity is expected to:

***Boost Nigeria’s Economy

***Generate substantial revenue and create numerous jobs.

***Reduce Reliance on Imports

***Significantly decrease Nigeria’s dependence on imported refined petroleum products, saving billions of dollars

***Impact Global Oil Supply

***Contribute significantly to the global supply of refined products, potentially influencing prices and market dynamics

***Catalyze Industrial Growth

***Spur further industrial development and investment in related sectors.

The announcement has been met with excitement and anticipation, as the world watches the Dangote Refinery solidify its position as a key player in the global energy arena.

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Ododo Reassures Takete-Ide Community of Road Reconstruction (Photos)

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… Promises more Development Projects

The Executive Governor of Kogi State, His Excellency Alhaji Ahmed Usman Ododo, has reaffirmed his administration’s commitment to infrastructural development and rural transformation across the state, assuring the people of Takete-Ide community in Mopamuro Local Government Area of immediate intervention on the Takete-Ide–Amuro–Ayede Amuro road.

Governor Ododo gave the assurance during the 2025 Takete-Ide Day Celebration, where he was represented by the Deputy Governor, His Excellency Comrade Joel Salifu Oyibo.

The Governor described Takete-Ide as a land rich in culture, human resources, and heritage, commending the community for its unity and commitment to self-help development initiatives.

“It is a great honor to stand before you, my good people of Takete-Ide.

This land is rich in culture, rich in human resources, and rich in heritage. You have produced great men and women who have distinguished themselves in different walks of life,” Governor Ododo stated.

The Governor expressed appreciation to the community for producing the Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, who he described as a “committed, visionary, and loyal son” of Kogi State.

“Under our leader, His Excellency Alhaji Yahaya Adoza Bello, I worked closely with your son, Hon. Kingsley Femi Fanwo, for eight years.

Today, we are still working together in my administration. Kogi State is grateful to Takete-Ide for giving us such a dedicated and dependable son,” the Governor said.

On the state of the Takete-Ide–Amuro–Ayede Amuro road, Governor Ododo announced that the Ministry of Works had completed all necessary assessments and that major construction work would soon commence.

He further directed the Kogi State Road Maintenance Agency (KOGROMA) to immediately make the road motorable through grading and filling of critical portions with laterite as a temporary measure.

Governor Ododo also pledged government support for the completion of the Traditional Ruler’s Palace Project, stating that the Ministry of Local Government and Chieftaincy Affairs and the Ministry of Housing and Urban Development would be engaged to ensure progress on the project.

While commending the community for its communal development efforts, the Governor highlighted several ongoing projects in Takete-Ide, including the remodelling of the Government Day Secondary School and the GYB Health Centre.

He announced that furniture had been approved for the school and assured that work would continue on the health facility as part of the over 200 primary healthcare centres being remodelled across the state.

Governor Ododo thanked the people of Takete-Ide for their consistent support for the All Progressives Congress (APC), noting that the party had maintained its dominance in the ward since 2019.

He also acknowledged the impact of the AGILE programme in the community, through which many schoolgirls had benefitted from cash grants, and youths trained in modern agricultural techniques and agribusiness.

“We will continue to empower our youths, helping them move from the streets of idleness to the fields of productivity,” he assured.

The Governor reiterated his administration’s resolve to strengthen security at the grassroots through the recruitment of local hunters and the pensionable appointment of members of the Vigilante Service, many of whom are indigenes of Takete-Ide.

Governor Ododo commended the people for promoting their cultural heritage, describing culture as “our identity, our pride, and a unifying force,” and urged them to continue to pass down traditional values to the younger generation.

He further called for continued support for President Bola Ahmed Tinubu, GCFR, noting that the President’s reforms have opened more financial opportunities for subnational governments to deliver meaningful projects to their people.

“We were able to remodel your school and health centre because we have access to more resources, thanks to the President’s reforms,” he said.

Governor Ododo concluded by extending warm greetings to the people of Takete-Ide and promising that his administration would not forget the community, adding that his personal donation to the Palace and the Youth Entrepreneurial Centre would be communicated through Hon. Kingsley Femi Fanwo.

The 2025 Takete-Ide Day Celebration, organized by a Central Planning Committee chaired by Hon. Kingsley Femi Fanwo, had in attendance top government officials, traditional rulers, and sons and daughters of the community both at home and in the diaspora.

Other dignitaries who accompanied the Deputy Governor to the event included the Commissioner for Agriculture and Food Security, Hon. Timothy Ojoma; Commissioner for Youth and Sports, Hon. Monday Aridaojo Anyebe; Special Advisers to the Governor, Hon. Aboh Ibrahim and Hon. Alilu Yakubu Erosion; Deputy Chief of Staff, Hilary Ojoma Egwudah; Executive Chairman of Lokoja LGA, Hon. Abdullahi Adamu; State Coordinator, AGILE Project, Hon. Tijani Oricha, among others.

The Chairman of Mopamuro Local Government Area, Hon. Ademola Bello; House of Assembly Member representing Mopamuro Constituency, Hon. Olawumi Jacob; and the Special Adviser to the Governor on Cultural Integration, Hon. Sunday Moses David Alumo, also graced the occasion.

In their separate remarks, the Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, and the National President of the Takete-Ide Progressive Union, Prince Richard Dare Fiki, thanked the State Government for the ongoing infrastructural development in the community and appealed for the rehabilitation of the Orokere Amuro–Takete-Ide Amuro road to ease transportation.

The event featured colourful cultural performances, traditional displays, and warm receptions for dignitaries.

The invited guests also donated money towards the construction of the Palace.

The highest donors were the Senator Representing Kogi West, Senator Sunday Karimi and the Chief Launcher and Philanthropist, Prince Olatunji Olusoji who donated 5 million naira each.

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