By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Governance & Grievance – A PERSPECTIVE, by O’tega OGRA
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Opinion

Governance & Grievance – A PERSPECTIVE, by O’tega OGRA

Okay.ng
By Okay.ng
Published: July 29, 2024
Share
9 Min Read
O'tega-Ogra
O'tega-Ogra
SHARE

by O’tega OGRA

It is disheartening to see various discourses on the proposed demonstrations by some turn into ugly narratives that should never have a place in our national space. Here are my thoughts, and feel free to engage respectfully…

  1. It is every Nigerian’s constitutional right to peaceful assembly and freedom of expression
  2. The Nigerian state also has a constitutional obligation to guarantee every constitutional right of every Nigerian, including free movement, safety, and security.
    It is also the right of hundreds of millions of Nigerians to choose not to join any protests as many have chosen – and all parties must respect this. Asserting one’s rights should not lead to the denial of another’s.
  3. If you claim you want to have a peaceful demonstration yet have allowed some actively involved in your protest to use your platform to mobilise people publicly in the name of causing destruction and chaos, you are also responsible for whatever chaos they cause.
  4. To the protest leaders, can you confidently say you have a grip on the behaviour of those you have sought to join you in the protests? To those who have chosen to join the protests, can you confidently say you are fully aware of the plans—seen and unseen—of those mobilising you to demonstrate?
  5. Even worse, if you haven’t come out to openly condemn and dissociate your protest platform from calls for the destruction of regular Nigerians’ livelihood and violence against the Nigerian people and state, it could mean you consent to your protest platform to be used for chaos – directly or indirectly.
  6. President Bola Tinubu @officialasiwajubat is aware of the pains Nigerians are facing due to global economic shocks and local policies that have been put in place to secure a prosperous future for Nigeria.
  7. Mr President listens—just as he has been listening since Day 1 of his presidency. He has shown a willingness, never seen at this level before, to return to the drawing board where policies may have been unpopular.
  8. Today, the numbers speak for themselves—foreign reserves have not been depleted despite paying off over USD7.5bn in outstanding obligations/backlogs. The frivolous and sometimes unconstitutional use of the CBN’s way and means to borrow money from the CBN and mortgage our meagre revenues while putting the nation further into penury is no longer the case. Now, spending is mainly tied to earnings.
  9. We are also seeing the rate of inflation slowing considerably.
    Families can now breathe a sigh of relief and enjoy more disposable income, thanks to initiatives such as the student loans scheme and credicorp. These programs alleviate the pressure of making immediate bulk payments for everyday expenses. Additionally, the P-CNG Initiative is driving down commercial transportation costs by providing free conversion kits, enabling the use of more affordable CNG fuel for commercial vehicles. These are all in addition to other programmes like I-DICE, NIYA, and various MSME support programmes/interventions. The number of taxes is being reduced by at least one-fifth, with some out of the way already. Imports of critical food items have been exempt from levies for a period of time. What more?

On the security front, we have successfully reduced incidents of internal insurrection and kidnappings. Over 5,000 of our fellow Nigerians have secured their freedom, and an impressive number of terrorists and insurgents (over 11,000) have been either neutralised or captured. Our tactical operations will persist until Nigeria is entirely safe. We trust in the protection of our brave men and women in Uniform who courageously risk their lives daily, even leaving their loved ones for extended periods, to secure our freedoms. Institutions like the EFCC actively pursue those exploiting gaps in our system to undermine the country. Whether it’s the former CBN governor accused of misappropriation, customs officials arrested for accepting bribes to sabotage the economy, or fraudulent individuals tarnishing the image of hardworking young Nigerians worldwide, rest assured, your day in court is approaching. Justice will prevail.

  1. The country is experiencing a resurgence in FDI, particularly in the energy/oil & gas sector, thanks to the new presidential directives (40, 41, 42), which plug some of the gaps in the PIA. As you may already know, NNPCL now operates as a fully commercial enterprise whilst regulatory functions have been removed and clearly defined under crucial regulatory agencies – NUPRC and NMDPRA, who regulate the petroleum value chain and all local and international players, including NNPCL. Total Energies/NNPCL JV has signed the Final Investment Decision on the USD550m Ubeta Gas Development project on the back of executive directives 40,41, &42. More are to be announced in due course. The international scene is more confident than they have been in recent years about coming back to Nigeria.
  2. Foreign companies leaving? Yes, some are, but we must not ignore that many of those leaving failed for years to invest in the value chain of their businesses or did not adopt suitable approaches to the local markets. Others were following a global trend to cut down their scale in markets such as Africa. However, for every company that leaves, their businesses have been taken over by other foreign investors who see the opportunities in Nigeria or local investors who have built the capacity to operate in this environment. The high exchange rate may not be ideal, but what about the opportunities presented? Countries like Indonesia and Vietnam, with exchange rates between 12,000 to 25,000 in their local currencies to the dollar, have used similar opportunities to push their countries to become two of the fastest growing in the world spurred by increased productivity, value addition, and exports, which a weaker currency provides. Nigerian companies that add value and are export-focused are already taking advantage of this.
  3. President Bola Tinubu is unwavering in his commitment to bringing governance to the grassroots. President Tinubu’s administration has secured local government financial autonomy through the successful Supreme Court case brought by the AGF, implemented policies to support unemployed youth like the out-of-job social safety stipends, and increased FAAC allocations to states for further development investments. His focus is firmly on stabilising the economy to ensure a secure future for all our children. President Bola Tinubu is resolute, focused on his job, and won’t be swayed. Every eligible Nigerian will have the opportunity to judge his performance at the ballot box in three years. This hard-fought democracy gives every Nigerian the power to hold all leaders accountable.

Know This: President Bola Tinubu is not beholden to any special interests, and despite expected resistance by some ‘Hands of Esau’ who cannot get their way, and trying to rile up the polity, he will always put the interests of Nigerians first

- Advertisement -

  1. Again, it is your constitutionally guaranteed right to peaceful assembly, but in this case, where some mobilisers have come out on various platforms to say they aim for destruction and chaos, how do you guarantee your objectives are aligned? How do you now convince or guarantee the hundreds of millions of non-protesting Nigerians that those of you who choose to protest are simply out to air your voices and not to cause violence or destruction as has been pushed by many within your midst?

The choice is yours. Think about it and decide if you are in support of violence against our communities or for us to join hands in moving the country forward. Where do you stand?

God Bless Nigeria. #NigeriaWillSucceed.
Otega O

TheTiger

https://t.co/R5fG2Cidi2

— O'tega Ogra (@otegaogra) July 29, 2024
Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:O'tega Ogra
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByOkay.ng
Follow:
Okay.ng launched under OKN MEDIA PUBLISHING (RC Number: 2993580) in the year 2012 is an independent digital news platform with thousands of page views and unique visitors every month
Previous Article Ndi Nne: The First #BBNaijaS9 Custodians of the Season
Next Article Miister of Education, Tahir Mamman Education Minister Urges Students to Stay on Campus Amid Planned Protests

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Okay.ng Logo

Parallel Market Rates

USD
Buy₦1,550.00
Sell₦1,565.00
GBP
Buy₦1,760.00
Sell₦1,790.00
EUR
Buy₦2,135.00
Sell₦2,170.00

Updated: 8 hours ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

0.00
ShareShareShare

Rates are for informational purposes only.

Okay.ng Logo Parallel Market Rates
USD
Buy
Sell
GBP
Buy
Sell
EUR
Buy
Sell
| okay.ng
- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

MTN Mega Billion Promo: How Nigerians Are Winning Big
Partners
As Nigerian Banks Resume Naira Debit Card International Transactions: Limits You Should Know
News
Former Nigerian Army Chief Advocates for Compulsory Military Training
News
NNPP Declares Rabiu Kwankwaso Will Not Contest 2027 Presidency on Its Platform
Politics Top stories
NSA Nuhu Ribadu
Tinubu Administration Making Headway Against Nigeria’s Security Challenges, NSA Ribadu Affirms
Security
- Advertisement -
Ad imageAd image

You May Also Like

Politics

Aregbesola Warns ADC Supporters Against Insults, Urges Fact-Based Engagement with APC

Muhammad A. Aliyu
Muhammad A. Aliyu
July 5, 2025
International

President Bola Tinubu Arrives in Brazil for BRICS Summit to Strengthen Global South Cooperation

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
Natasha Akpoti-Uduaghan
News

Senate Sets Conditions for Senator Natasha Akpoti-Uduaghan’s Return After Court Nullifies Suspension

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?