One year after the ill-fated air crash involving an aircraft belonging to Dana Air in the Iju-Ishaga area of Lagos, Lagos State Governor on Monday commissioned a cenotaph in honour of the 157 late passengers.
The cenotaph is built on four plots at the junction between Popoola and Olaniyi Street, by Toyin Bus Stop and it holds the replica of the Dana aircraft broken into two.
Speaking to the huge crowd that gathered at the event, Governor Fashola said the State Government spent several millions of naira carrying out tests to ascertain the true identity of the victims. He also said that although the incident happened one year ago, the memory has lingered in the hearts of bereaved family members. He lamented that the cause of the accident remains yet unknown.“But while the cause was at the time unknown, our collective tragedy was immediately unfolding. Many nations and their nationalities from India, China, Germany, the United States and Nigeria were united by a common grief: the loss of their loved ones,” he said.
“It was an accident that took place in Lagos. But its impact and reach were beyond our borders. Men and women, Muslims and Christians, Hindus and atheists became joined by a common pain. It was a horrific day.
“I remember that I had promised myself to rest a little that afternoon and prepare for a new week. Just like many of you, I remember where I was. I had just settled on my sofa to watch the television when the news filtered in. Initially, I was told it was a cargo plane in Ghana. As I sought to make further enquiries, my thoughts were racing. The cargo was replaceable, how many crew members were on board. I was in this reverie of a damage limitation calculation when my enquiry revealed that it was a passenger plane.”
He observed that no one could have predicted what sad and painful thoughts would accompany people to bed that night. According to the governor, a year may seem like a long time but for the families and friends of the men women and children lost, that day does not feel like history.
“The memories of that day are probably as fresh as they are painful; particularly today when you are forced to confront the thoughts you may have pushed to the innermost recesses of your minds, just to enable you get from one day to the next.
"What does one say at a time like this? What does one say when words will never be enough? Many of us cannot even begin to imagine how great your suffering must have been this last one year.“We can only empathize with you, in the vain hope that our empathy will bring some relief. We can only utter words we know will never fill the voids but which we nonetheless pray will bring some comfort.
“What I do know is that today, although our grief is deep and our sense of loss unquantifiable, our heads are not bowed. We are not crestfallen. Your undying spirit to continue and your presence here today is a sign of monumental courage.
“It is not courage without pain. No. It is courage defined by dignity and resolve to get on with life inspite of the pain. I stand before you today, the representative of a government and a State that shared your pain. A State whose lot it was to play host in the most unwelcome of situations a year ago today.”Recalling details of the sad incident of the day, Governor Fashola noted that even the Okuchukwu family that did not fly also shared the pain.
“Electricity had a part to play. A mother and a father in a building close to this site were spending time with their four children. The mother was plaiting the hair of the youngest child, a girl. They did not have power. Suddenly, electricity came and the whole community knew. Strangely their flat did not have power.“The father instructed the eldest child to get the local electrician to come and solve the problem so that they could iron their uniform in readiness for school on the next day, a Monday. The boy took some time returning, so the father sent his younger brother to go and locate him.
“In pure innocence, the third child, a girl, followed her brother. As soon as they stepped out of the building, Dana Air flight 992 descended on their home. They became lost in the massive crowd. The eldest was eleven, followed by the nine year old and the seven year old. Their parents and youngest sibling were consumed by a flight they did not board.”
Continuing, Fashola said: “God works in wondrous ways. I met them at the site on the 4th of June. Our paths have remained intertwined since then. They are doing well. They have become a lifetime commitment for my wife and I to ensure that their promise is fulfilled. Their origins are in Enugu State. But their home is Lagos. The home of all Nigerians; and this memorial will always remind us about how we met.
“On that fateful Sunday morning, the men, women and children of the ill-fated Dana Air Flight 992 had journeyed more than 700km from Abuja to Lagos and were minutes away from arrival and reunion.“There are no words that can reliably convey the depth of our heartache. Anything we say today will be an inadequate expression of what we truly carry in our hearts. The greatest and truest testimony will not be in our words but in our actions.
“Apart from the Okuchukwu family, there were so many other stories. Stories of great people, Nigerians and non-Nigerians that time will not permit me to fully narrate.
“But I must share some of them with you in remembrance because they symbolize the spirit of men, women and children who were bound together in the common destiny of an ill-fated flight.“We remember Tosin Anibaba who loved her job and the life she was building with her husband and two-year old daughter. She worked at the FATE foundation, an NGO that is dedicated to reducing unemployment. Those that knew Tosin said that she always wore a huge smile on her face.
“We remember Dunni Doherty who was a bright and determined young woman. She had returned to Lagos after her studies in the UK and had taken up a job as a teacher at the Lagos Preparatory school. She was an inspiration not just to her students but to all her friends. This bright young lady will be missed by all those who knew her.
“We remember Eke Chijokie, one of the crew members, who was not even supposed to be on the flight. He was only on board because he was called in to relieve a sick colleague at the last minute. Being the dutiful employee he was, he responded immediately. He is survived by his wife, Elizabeth and their two-year old son.
“Vivian Effiong was also a dedicated crew member. Her colleagues described her as a caring, selfless and lovable person. Vivian was just a month away from marrying her fiancé who lived in the United Kingdom. She is survived by her 16-year old daughter.
“The story of the Anyene family is one that will live long in the memory. All of six of them perished in the crash. Maimuna the wife and mother of 4 beautiful children - Kamsiyonna (3), Kainetochi (2), Kaimarachi (2) and Kobichimee (five months), was a graduate of the University of Ibadan before she moved to the United States. Her husband, Onyeka Anyene, was a successful lawyer with offices in both Abuja and Lagos. His young family had relocated to the United States and were only visiting Nigeria to attend a wedding.
“Sisters, Josephine and Jennifer Oniita were also just visiting Nigeria for a friend’s wedding. Both girls grew up in Texas attending the Redeemed Christian Church of God, Jesus House where their parents were the founding members. Theirs was a life dedicated to God’s work. Their parents and two siblings can take solace in the fact that their work here on earth is surely now being rewarded in heaven.
“Rajulie and Ugabio Oyosoro were aged 15 and 12 respectively and were two siblings of exceptional promise. Such was their academic prowess that the school they were attending in Lagos fought to retain their talents when their mother relocated to Abuja. They had just come back from a trip to visit her when disaster struck. Mrs. Oyowosoro we share in your pain and sorrow.
“Sergeant Adejilola Abraham joined the Nigerian Air Force immediately after he completed his schooling. He was known as a courageous soldier and a doting father. He was returning to work after attending the christening ceremony of his second child.
“Anjola Fatokun was a high flying lawyer who had recently been transferred to Abuja by the communications firm she worked for. She had been married for four years and is survived by her husband and two children.
“Alvana Ojukwu, was another lawyer of immense promise. She had been admitted to further her education at Oxford University in September last year. A devout Christian, Alvana was able to send out a text to her brother which read thus:
'TAKE STRENGTH IN THE LORD. A FEW MINUTES FROM NOW I WILL BE GOING TO MEET THE LORD'
“Each of those we come to eulogise had their own unique story, their unique purpose in life that was cut short far too soon. As we remember the victims, we must deeply reach out to their survivors and salute their tenacity and courage.
“I remember Dr. Ayene. He had the biggest personal loss. But in my meetings with the bereaved relatives, he showed a courage and strength that I have never experienced. He seemingly forgot about his own personal loss and joined me in consoling and calming others as if his own loss did not matter.
“I remembered Chizoba Majekwe, the head of HR in CBN who had come to the meeting because she was herself bereaved and her colleagues in the Bank were also victims. She told the story of how she herself lost her mother in a horrific road crash in which everybody was burnt beyond recognition.
“She helped in giving strength to bereaved relatives as they gave us their authority to undergo a long process of victim identification that was later to prove definitive in the positive identification of 148 bodies, that were subsequently released to their families for burial.
“I remember all our first responders from LASEMA, Lagos Fire Service, the Police, FEMA, Ministry of Health, our Chief Pathologist, and Vice Chancellor of LASU, Prof. Obafunwa and his colleagues from other Universities who performed all the autopsies. To you all I say thank you.”
He commended religious leaders, who rose to join government efforts in consoling the bereaved. He also thanked the minister for aviation, members of the National Assembly, President Goodluck Jonathan and Nigerians for their support throughout the period.
“To all family members who lost loved ones, we promised a year ago that we would fittingly honour all of them and today we move one small step closer towards immortalising their memories.
“In as much as it is a tragedy that brings us together here, the real tragedy to befall us would be to forget what happened. We must never forget. We can never forget. This cenotaph which we are unveiling here today will ensure that their memories never die.
“This monument will stand as a permanent memorial to these family men, women and children; and we will cherish each of their stories - stories of potential and of fulfilment, stories of true heroes,” the governor said, adding that it will be more important for all who have authority and responsibility to act with a preventive purpose to ensure that such an incident does not happen.
He stated that the watchword for decision-making must always be safety and not profit, stressing that the government has learnt some painful lessons.
“We have now improved our response capacity, trained and continue to re-train our first responders, develop response protocols and acquired necessary equipment. We convened a Disaster and Emergency Management Summit for all the States in the South West, at which we shared our experience and information.
“The entire incident is properly documented for posterity, with copies in the Attorney General’s office and the Governor’s office, with details of what we did well and what we could have done better to avoid our past mistakes. God forbid it, if such a disaster should recur, we are much better prepared to respond. But it will not be enough to hope that this kind of disasters will not happen.”
Relations of the victims were present at the event. Mrs. Chizoba Majekwe said life has not remained the same since the incident happened. She said at the period, she did not know who to mourn between her sister and the eight staff of the CBN who died in the crash. She however commended the Lagos State Government for its efforts since the incident happened.
Some families of the victims also raised issues concerning compensation. They accused the airline of playing politics with the incident, saying those who have received benefits were not more that 10 percent of the victims.
Meanwhile, President Goodluck Jonathan has promised that his administration could continue working relentlessly to improve safety in the aviation sector to avoid recurrences of the Dana air crash.
“Let me reiterate our resolve to maintain maximum vigilance to safety regulations of our aviation industry,” Jonathan said while unveiling the cenotaph in memory of the victims of the air disaster at the Nnamdi Azikwe International Airport, Abuja
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Lagos State Governor Babajide Sanwo-Olu has reportedly asked the Managing Director and Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), Dr Muyiwa Gbadegesin, to resign amid growing concerns over the accumulation of refuse across the state.
The reported move follows mounting complaints about waste collection, with heaps of garbage littering roads, residential areas and drainage channels in several communities.
An unnamed source within the agency disclosed that the governor had become dissatisfied with the pace of waste evacuation and the implementation of his directives to address the situation.
According to the source, the governor's frustration reportedly intensified following his visit to the Olusosun Dumpsite in Ojota about a month ago, where he assessed operations and called for urgent measures to improve waste management.
Despite the directive and the subsequent declaration of a state of emergency on waste management, the source claimed that the governor remained concerned about the limited visible progress.
The source further alleged that Sanwo-Olu asked Gbadegesin to resign over the weekend, adding that the LAWMA chief had reportedly been seeking the intervention of influential figures in Lagos to retain his position.
Refuse Accumulation Raises Sanitation Concerns
Residents in several parts of Lagos have continued to experience waste collection challenges, with refuse reportedly accumulating along major roads, medians, residential streets and drainage channels.
Affected areas include Mushin, Egbeda, Surulere, Ajegunle, Ikorodu, Ojo, Obalende, Apapa and Mile 2.
The situation has raised concerns about environmental sanitation, public health risks and the potential impact on businesses and daily activities.
The state government had earlier announced emergency measures to tackle the problem and improve waste collection across the metropolis.
In September, Sanwo-Olu declared a state of emergency on waste management following an inspection of the Olusosun Dumpsite. The visit was attended by Deputy Governor Dr Obafemi Hamzat and other stakeholders in the waste management sector.
During the inspection, the governor acknowledged delays in waste evacuation and attributed some of the challenges to the failure of Private Sector Participation (PSP) operators to meet their obligations in recent weeks.
He also identified fires at dumpsites and ongoing waste-compaction projects as factors affecting operational efficiency.
According to the governor, the completion of projects at the Olusosun and Solous 3 dumpsites would increase their capacity, allowing each facility to receive approximately 450 trucks of municipal waste daily.
The planned improvements are expected to strengthen disposal operations and support more efficient waste collection by PSP operators.
LAWMA Reports Progress in Clearance Operations
Amid growing concerns over the waste situation, Gbadegesin announced on Saturday that clearance operations had recorded progress in several locations across Lagos.
In an update shared on his X account, the LAWMA chief said Mile 2 had been cleared, while three additional trucks had been deployed to Doyin-Orile and surrounding communities.
He also reported continued daily waste collection along Ijesha Road and Itire–Ikate, clearance operations at Bucknor–Ijegun, and ongoing collection activities in Ogolonto and Igbokusu.
According to the update, Okeira and Oluodo had been placed under interim LAWMA services following the termination of their PSP arrangements, while clearance operations continued at Iraye.
However, the agency was still awaiting field updates from four routes: Apapa, Abesan Estate, Idimu–Ejigbo Road and the Isheri–Igando corridor.
Gbadegesin said the agency's objective was to move beyond emergency clearance operations and establish consistent waste collection to prevent refuse from accumulating again in areas that had already been cleared.
Government Yet to Confirm Reported Resignation Request
As of the time of reporting, there had been no official confirmation of the alleged resignation request.
Efforts to obtain a response from Lagos State Commissioner for Information, Gbenga Omotosho, were unsuccessful, as an aide said the commissioner was attending a meeting and advised that contact be made later.
Gbadegesin was reappointed as LAWMA managing director by Sanwo-Olu following the governor's re-election.
The reported development comes as the state government faces continued pressure to address waste collection challenges and improve environmental sanitation.
Whether the alleged resignation request will result in a leadership change remains unclear, while residents continue to await sustained improvements in refuse evacuation across Lagos.
News
Ayobami Oyalowo, Executive Director of Finance and Administration at the Ogun-Oshun River Basin Authority, has said reforms implemented under Central Bank of Nigeria (CBN) Governor Olayemi Cardoso have improved the foreign exchange market, strengthened external reserves and enhanced the resilience of the banking sector.
Assessing Cardoso’s three-year tenure, Oyalowo said the apex bank had shifted towards a more orthodox monetary policy framework, prioritising price stability, market discipline and stronger financial sector supervision.
Cardoso assumed office in September 2023 amid significant economic challenges, including foreign exchange market distortions, declining external buffers and rising inflation. Headline inflation stood at 25.80 per cent in August 2023, while multiple exchange rates, foreign currency shortages and accumulated foreign exchange obligations weakened business confidence.
According to Oyalowo, the reforms marked a departure from the CBN’s extensive involvement in intervention programmes across sectors such as agriculture, aviation and power.
He recalled that Cardoso disclosed at the November 2023 Annual Bankers’ Dinner that the CBN had injected more than ₦10 trillion into the economy through various intervention programmes.
Oyalowo said the scale of the interventions raised concerns about excess liquidity, policy effectiveness and the central bank’s involvement in activities that could be better handled by fiscal authorities and development finance institutions.
“The economic significance of this shift lies in restoring consistency between the CBN’s objectives and its policy instruments,” he said.
Forex Market Reforms and Reserve Growth
Oyalowo identified the foreign exchange market as one of the major areas affected by the reforms, following years of multiple exchange rates, restricted access to foreign currency and accumulated obligations.
He said the CBN’s measures were designed to improve price discovery, enhance liquidity and rebuild confidence in the official market.
Among the key initiatives, he highlighted the Electronic Foreign Exchange Matching System, introduced in December 2024, and the Nigerian Foreign Exchange Code, launched in January 2025. Both measures were aimed at improving transparency, accountability and market conduct.
He also pointed to the settlement of verified foreign exchange obligations from an inherited backlog estimated at $7 billion, noting that the move helped address concerns among international investors, airlines and multinational companies over capital repatriation and legitimate financial claims.
However, Oyalowo acknowledged that the adjustment came at a significant economic cost, including sharp naira depreciation, higher import costs, increased production expenses for manufacturers and mounting pressure on household purchasing power.
On external reserves, he said Nigeria’s gross foreign exchange reserves increased from approximately $33 billion when Cardoso assumed office to about $55 billion in October 2026.
He added that net external reserves had risen to approximately $46 billion, compared with $34.80 billion at the end of 2025 and $3.99 billion at the end of 2023, citing figures disclosed by the CBN.
Oyalowo also referenced the CBN’s 2025 Annual Report, which showed that aggregate foreign exchange inflows rose by 13.81 per cent to $109.86 billion in 2025, from $96.53 billion in 2024.
Net foreign exchange inflows stood at $60.81 billion, while autonomous sources accounted for approximately 64 per cent of total inflows.
He described the growing contribution of autonomous sources as significant, explaining that private-sector inflows, export earnings and remittances could provide a more sustainable supply of foreign exchange than administrative allocation.
Improved Credit Outlook and Investor Confidence
Oyalowo further cited improvements in Nigeria’s international credit assessments as evidence of renewed confidence in the country’s economic direction.
He noted that S&P Global upgraded Nigeria’s sovereign credit rating from ‘B−’ to ‘B’ with a Stable Outlook in May 2026. Fitch Ratings also affirmed Nigeria’s ‘B’ rating in October 2026 and revised its outlook from Stable to Positive.
He said Nigeria’s return to the FTSE Russell Frontier Market classification in September 2026 reflected improvements in foreign exchange market accessibility and capital repatriation.
Despite these developments, Oyalowo acknowledged that Nigeria’s sovereign credit ratings remained below investment grade.
He also cited National Bureau of Statistics data showing that capital importation increased to $23.22 billion in 2025, compared with $12.32 billion in 2024.
Portfolio investment accounted for approximately $19.74 billion, representing 85 per cent of total capital importation, while foreign direct investment stood at about $923 million.
According to him, the figures indicated renewed investor interest but underscored the need to attract more long-term capital into manufacturing, infrastructure, energy and technology.
Inflation, Interest Rates and Household Pressures
On inflation, Oyalowo said the CBN had maintained a restrictive monetary policy stance through higher interest rates and liquidity management measures.
He noted that headline inflation moderated to 15.39 per cent in August 2026, from 15.43 per cent in July and 25.80 per cent in August 2023.
However, he cautioned that the rebasing of the Consumer Price Index in 2025 meant historical inflation comparisons needed to be interpreted carefully.
“Moreover, lower inflation does not mean prices have returned to previous levels,” he said, stressing that households continued to bear the cumulative effects of earlier price increases.
He added that while tighter monetary policy could help contain inflationary pressures, high borrowing costs had made it more expensive for businesses to access credit, potentially constraining investment and economic expansion.
Bank Recapitalisation Strengthens Financial Sector
Oyalowo also highlighted the CBN’s banking sector recapitalisation programme, introduced in March 2024, as a major component of the reforms.
The programme raised minimum capital requirements to ₦500 billion for commercial banks with international authorisation, ₦200 billion for national banks and ₦50 billion for regional banks.
By March 2026, he said, 33 banks had met the revised requirements, collectively raising ₦4.65 trillion in fresh capital.
Domestic investors contributed 72.55 per cent of the capital raised, while international investors accounted for 27.45 per cent.
According to Oyalowo, the recapitalisation exercise had strengthened banks’ capacity to absorb financial shocks and finance larger transactions.
However, he emphasised that increased capital must be supported by sound governance, effective risk management and responsible lending practices.
“Stronger balance sheets must be accompanied by sound governance, effective risk management and responsible lending,” he said.
He noted that the challenge for policymakers was to balance financial sector resilience with affordable access to credit, particularly for businesses operating under restrictive monetary conditions.
CBN, Finance Ministry Deepen Policy Coordination
Oyalowo identified the September 18, 2026, Memorandum of Understanding between the CBN and the Federal Ministry of Finance as another important development.
He said the agreement established a framework for closer coordination between fiscal and monetary authorities, covering government cash management, debt issuance planning, liquidity forecasting and macroeconomic analysis.
According to him, the arrangement could reduce the risk of fiscal and monetary policies working at cross-purposes, particularly where government borrowing and spending influence inflation, liquidity conditions and access to credit.
He added that the framework recognised the structural factors driving inflation in Nigeria, including food supply constraints, energy costs, transportation and logistics expenses.
Consolidating the Gains of Reform
Three years into Cardoso’s tenure, Oyalowo said the CBN had recorded measurable changes in foreign exchange market accessibility, external reserves, banking sector capitalisation and investor participation.
He maintained that the governor’s emphasis on monetary orthodoxy had provided the apex bank with a clearer institutional direction, while acknowledging the economic costs associated with the adjustment process.
He stressed, however, that sustaining the gains would require consistent policies, stronger productive investment and measures to ease the pressure on households and businesses.
“The next responsibility is to consolidate these reforms, preserve the gains in macroeconomic stability and create conditions for stronger productive investment, more affordable credit and improved living standards,” Oyalowo said.
Business
In The Spotlight
While delivering the 2026 edition of the Annual Omolayole Management Lecture, President, Chartered Institute of Directors and immediate past Managing Director of 11 PLC, formerly Mobil Oil Nigeria Plc, Adetunji Oyebanji, presented President Bola Tinubu with something to think about.
He declared, “Based on a 2025 normal Gross Domestic Product baseline of approximately US$290.79bn, Nigeria would need to sustain a compound growth rate of approximately 28.02 per cent over the five-year period from 2026 to 2030” to achieve the $1tn economy.
He added, “This rate far exceeds Nigeria’s historical performance and underscores the scale of economic expansion required,” and “Rather than serving as a forecast, this calculation establishes the benchmark against which future economic performance may be assessed.”
As if the priest spoke and thunder rumbled, Nigeria’s National Bureau of Statistics reported that Nigeria’s year-on-year GDP growth rate for the second quarter of 2026 was 4.43 per cent, while the World Bank projected 4.3 per cent growth rate for Nigeria in 2026, up from nearly 4.0 per cent recorded for 2025.
As Oyebanji observed, Nigeria’s economy experienced low growth rates and reversals in the last decade: from 2.65 per cent in 2015, to -1.62 per cent contraction in 2016, a modest 2 per cent rebound in 2017, another reversal, of -1.79 per cent occasioned by Covid-19 in 2020, to a positive rebound of 3.87, or nearly 4, per cent in 2025.
If anyone says President Tinubu has a yeoman’s job ahead of him, they’re spot on. And if he merely coveted the $1tn economy by faith and not with data, it would appear that the President is planning to fail.
And somebody should tell the Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, who pledged to support the President’s ambition to build the $1tn economy, not to confuse government revenue with a country’s economy.
Oyebanji recognised “governance as the central determinant of success” in the $1tn economy quest, and identified oil, gas and energy; agriculture and agro-processing; manufacturing and industrial development; technology, digital economy and innovation; infrastructure; solid minerals; and services and the creative industry as the sectoral drivers.
But it appears that only the digital, mineral resources mining, service and creative sectors can thrive in the current Nigerian economic environment, and the real sector, agriculture and manufacturing, that produce the strategic consumer goods that are mostly imported at the moment, cannot thrive yet.
The governance structures that Oyebanji suggests for the takeoff of the $1tn economy are macroeconomic stability through disciplined fiscal and monetary policies, consistency of policies, rapid investment in infrastructure and nifty tinkering with the economic environment.
These are the direct opposites of the current negatives: power supply deficit, infrastructure gap, inefficiency in the oil sector, an unstable foreign exchange rate, a low tax-to-GDP rate, insecurity, policy inconsistencies and a huge human capital deficit that compromise the capacity of the real sector and even the service industry.
If the President really wants the $1tn economy to become a reality in 2030, he should review Oyebanji’s perspectives, data and prescriptions and seek competent economists, management and financial planning experts to help him articulate a clear path to achieving this laudable economic prosperity.
Some experts, convinced he may not achieve his objective within the period he has earmarked, think he could at least set himself on the way by making ambitious efforts in electricity, security and logistics, including extensive road, railway, water and air travel networks.
Nigeria’s current electricity generating capacity is somewhere between 4,500 and 5,400 megawatts, whereas it is projected that Nigeria probably needs to generate anywhere between 20,000 and 28,000 megawatts for its 230 million population.
Some even argue that 28,000 megawatts of electricity won’t service the population of Nigeria that is projected to increase to 262 or 270 million by the magical 2030 that the President has set as a deadline for the $1tn economy.
If the electricity infrastructure is not addressed pointedly by the Federal and the state governments that have now been enabled by the transfer of electricity from the Exclusive Federal List to the Concurrent List of the Nigerian Constitution, the economy will not lift off as expected.
The declaration by the Nigerian Constitution that security and the welfare of the people of Nigeria is Job Number One of government confirms the nexus or relationship between public security, public order and the nation’s economic wellbeing.
The classic definition of the state, which is the final, supreme, absolute coercive power within a political realm, speaks to the place of the state, whose public face is the government, as both the arbiter and safeguard of the lives and economic livelihoods of the citizens of a country.
The current inability of the state or the government, which is supposed to have a monopoly on police and military force within the country, is consistently having a negative impact on the security and the economies of the North-East, North-West, North-Central and some corridors of Southern Nigeria.
The rural areas, where insurgency, terrorism, banditry, herder-farmer clashes, and kidnapping have become rampant, are unsafe for lives and unconducive for the farmers who produce the food consumed by the citizens and the cash crops that provide the raw materials for the growth of agro-allied and chemical industries.
Maybe it bears repeating that in addition to preventing harvests from the farms, insecurity is disrupting the transportation of food to the dining tables of Nigerian homes, as well as the cash crops that provide the raw materials for Nigerian industries.
The third basic aspect of the Nigerian economy that the President must take a long, hard look at, if he really wants to make the $1tn economy a reality, is logistics, which is already taking a beating from the insecurity running through most of Nigeria.
The Federal Government must find the funds and speed up the completion of Lagos-Calabar Coastal Road, the Sokoto-Badagry Expressway, the Calabar-Abuja Superhighway and additional longitudinal and lateral highways to link Nigerian farms, industries and homes.
No one can deny that roads encourage the founding and development of modern communities that later become metropolises. Look at the organic growth of urban communities from the Berger end of the Lagos-Ibadan Expressway to the Shagamu Interchange.
To prepare for the heavy lifting necessary to realise the $1tn economy, President Tinubu needs to study and take the best of the railway systems of America, which has the longest rail network in the world; China, with the largest high-speed rail network; Russia, the leader in heavy freight; and India, with the highest passenger rail network.
Cargo airports are more than necessary for quick evacuation of fresh agricultural produce from the farm gates to the urban centres where they will be consumed fresh or converted into raw materials for the agro-allied industries.
The President must find a way to harness the strength of Nigeria’s inland rivers not only to generate hydroelectric power, but also as an integral part of a transportation network that will include roads, railways and airports.
If electricity, security and logistics are taken care of, it shouldn’t be too difficult for the $1tn economy to take off organically.
By Lekan Sote
In The Spotlight
There is a question President Bola Ahmed Tinubu must answer before the 2027 presidential election: if he wants another four years in Aso Rock, why should Nigerians not expect him to stand before them, state by state, and defend his record?
His decision not to accompany his campaign team to every state has ignited a political storm, drawing criticism from opposition leaders, activists and ordinary citizens, while others insist that governance must not grind to a halt because of electioneering. The President argues that Nigeria’s pressing needs demand his attention and that members of the All Progressives Congress (APC) Presidential Campaign Council can carry his message to voters nationwide.
That argument is not entirely without merit. A sitting president has constitutional responsibilities that do not disappear during an election campaign. Government must function, security must be addressed, and the business of the nation must continue.
But there is a dangerous flaw in the President’s position: governance is not an escape route from accountability, and a campaign surrogate is no substitute for the candidate whose record is on trial.
Tinubu is not seeking a ceremonial extension of his stay in office. He is asking Nigerians to entrust him with another four years of power. That request demands more than carefully choreographed rallies, rehearsed speeches and party loyalists singing his praises. It demands answers.
What has happened to the promises made in 2023? What tangible relief have millions of struggling households received? How should Nigerians assess the consequences of petrol subsidy removal and naira reforms? What is the administration’s scorecard on electricity, food prices, employment, insecurity and the cost of living?
These are not questions that can be wished away by delegating campaign appearances to governors and party leaders. They are questions that belong to the President.
THE PEOPLE ARE NOT FOOLS
Across the country, the mood is unmistakable: Nigerians want to be heard. From the trader counting the dwindling contents of her purse to the worker whose salary struggles to survive the month, from the farmer threatened by insecurity to the young graduate searching desperately for employment, the public is entitled to demand a reckoning.
For many citizens, the election will not be an abstract contest of political slogans. It will be a verdict on their lived experience.
That is why Tinubu’s proposed absence from some campaign stops has struck such a sensitive nerve. To his critics, it suggests an unwillingness to confront public anger. Some have questioned his physical fitness; others believe he may be reluctant to defend his administration’s performance. These are allegations, not established facts. The President’s decision alone does not prove that he is unwell or afraid of voters.
Nevertheless, he should understand the political consequences of leaving such questions unanswered. In politics, a vacuum rarely remains empty. Suspicion rushes in where explanation is absent.
If the President is physically capable of discharging his duties, he should have no reason to leave Nigerians guessing about his willingness to engage them. If health or other legitimate considerations constrain his campaign schedule, he should communicate his plans clearly. Nigerians deserve honesty, not speculation.
Silence may be convenient, but it is a poor campaign strategy.
GOVERNANCE IS NOT A SHIELD
The argument that the President must remain focused on governance sounds reasonable. Indeed, Nigeria cannot afford a government that abandons its responsibilities whenever politicians hit the campaign trail.
But the same argument raises another question: what exactly is the President doing with the time he saves by skipping campaign stops, and how will Nigerians see the benefits?
If governance is the priority, then the evidence should be visible in improved security, greater economic stability, reliable electricity, better access to essential services and a meaningful reduction in the hardship confronting ordinary families.
The President cannot invoke the demands of governance as a shield against political scrutiny while asking the same citizens to renew his mandate. The two responsibilities are not mutually exclusive. A president can govern and explain his governance. He can attend to national business and still make himself available to voters.
Nor should the APC confuse the ability to organise rallies with the ability to win public confidence. Party machinery can mobilise crowds. Governors can deliver speeches. Spokespersons can defend policy. But none of them can erase the consequences of decisions taken by the President.
The mandate belongs to Tinubu. So does the responsibility to defend it.
THE OPPOSITION MUST DO MORE THAN SHOUT
Opposition figures, including former Vice President Atiku Abubakar and Peter Obi, have seized on the President’s position to question his commitment to accountability. The Labour Party and the Makinde/Daura Presidential Campaign Organisation have also criticised the plan.
Their central argument—that a president seeking re-election should personally defend his record—is persuasive. But criticism alone is not a credible alternative to leadership.
The opposition must do more than exploit public frustration. It must present workable policies, credible economic proposals, a serious security strategy and a clear plan for restoring public confidence. Nigerians deserve alternatives, not merely louder accusations.
Claims about poverty, economic failure, insecurity and government performance should be supported by verifiable evidence, not inflated for political effect. A campaign that demands accountability from the incumbent must be prepared to practise it itself.
Democracy suffers when the ruling party evades scrutiny. It suffers equally when opposition parties substitute rhetoric for substance.
THE PRESIDENCY IS NOT A PARTY HEADQUARTERS
There is another troubling issue in this controversy: the use of the Presidential Villa for the inauguration of the APC Presidential Campaign Council.
The Presidency is a public institution, not the private property of a political party. The President is entitled to lead his party and campaign for re-election, but the distinction between official state functions and partisan political activities must remain clear.
Public institutions must not be made to appear subordinate to party interests. The symbolism matters, particularly in a democracy where public trust is already under pressure. The appropriate rules governing the use of official premises and public resources must be respected without exception.
The President should set the standard, not leave Nigerians wondering whether the lines between state and party have become dangerously blurred.
FACE THE PEOPLE
Tinubu is under no obligation to conduct an exhausting, state-by-state campaign simply to satisfy political theatrics. Campaign schedules must accommodate legitimate security, administrative and personal considerations. No responsible editorial judgment should demand that a president jeopardise his health or neglect urgent national duties for the sake of appearances.
But there is a difference between not visiting every state and refusing to account for one's stewardship.
The President can publish a transparent record of his administration’s achievements and failures. He can hold substantive town halls, grant unscripted interviews, answer questions from citizens and journalists, and ensure that his campaign team presents verifiable evidence rather than political slogans. He can also visit a representative cross-section of states while explaining clearly why other stops may not be possible.
What he cannot reasonably expect is that Nigerians will accept delegation as a substitute for accountability.
Ultimately, the 2027 election must be about more than who can draw the biggest crowd or deliver the most electrifying speech. It must be about performance, policy, integrity and the willingness to answer difficult questions.
Tinubu has the right to seek another term. Nigerians have an even more fundamental right to scrutinise that ambition.
A second-term mandate is not a gift to be collected. It is a verdict to be earned.
The President should therefore face the nation with candour, defend his record with evidence and explain why he deserves another four years. If his achievements speak for themselves, let him present them. If his policies have delivered the promised gains, let him demonstrate them. If mistakes have been made, let him acknowledge them and explain what he intends to do differently.
No surrogate can do this convincingly on his behalf.
In the final analysis, the campaign may belong to the APC, but the verdict belongs to Nigerians. Their hardship cannot be delegated. Their questions cannot be outsourced. And their votes cannot be commanded.
Tinubu must face the people—not because every campaign rally is sacred, but because accountability is.