Author: Banner News

  • OPINION    Imperative Of Owning Our Narratives, Documenting Our Achievements And Preserving Our Legacy

    OPINION Imperative Of Owning Our Narratives, Documenting Our Achievements And Preserving Our Legacy

    By Omini Oden

    “Unless you write your story, another person will take your glory”

    There is a profound truth in the saying that unless you write your story, another person will take your glory. It is a strong reminder that achievements do not always speak for themselves, contributions are not automatically recognized and history does not necessarily remember people in the order in which they made their impact. Nigeria in Africa has some of the most strategic legacies but our silence has made those legacies go extinct.

    In a world increasingly driven by information, perception and public narratives, the ability to tell one’s story is now as important as the achievement itself. Those who fail to document their contributions, communicate their accomplishments and preserve their institutional history have ended up surrendering the opportunity to define how they will be remembered.

    Unfortunately, this happens frequently in our society. People work tirelessly to build institutions, develop communities, establish businesses, initiate policies and create opportunities, only to watch others eventually assume ownership of the achievements. Sometimes, the appropriation is deliberate. At other times, it happens because the original contributors failed to document their work or communicate their involvement.

    Consider the history of nation-building. Many individuals who made significant contributions to Nigeria’s political, economic, educational and institutional development are barely remembered beyond their immediate circles. Some of their contributions have been overshadowed by the more visible personalities who came later and effectively controlled the public narrative.

    The same phenomenon is evident in public administration. A civil servant may spend years developing an innovative policy framework, designing an operational system or establishing an institutional process. However, when the initiative eventually produces results, the recognition may go to the political office holder or administrator who announces its success. While leadership deserves its rightful recognition, the contributions of those who conceived, designed and implemented the initiative should not disappear from institutional memory.

    This is why documentation matters. Official records, reports, publications, photographs, correspondence and properly maintained archives are not only administrative requirements. They are instruments for preserving institutional ownership and historical accountability.

    The media offers another compelling example. Behind every successful television programme, major news production or national broadcast are journalists, producers, editors, camera operators, technical personnel and administrators whose collective efforts make the final product possible. Yet, public recognition often gravitates towards the presenter or the most visible personality.

    This is not necessarily wrong but it becomes problematic when the contributions of the wider production team are consistently ignored. Every institution must consciously cultivate a culture of documentation and acknowledgement to ensure that the people who make things happen are not erased from the stories of institutional success.

    In the corporate world, companies that fail to communicate their innovations, intellectual contributions and competitive advantages risk allowing competitors to dominate the market narrative. A business may develop an excellent product or service, but if it fails to tell its story effectively, a competitor with a stronger communication strategy may capture the attention, credibility and market share that should have belonged to the original innovator.

    The lesson is clear, excellence must be accompanied by visibility, while achievement must be supported by credible documentation.

    At the community level, the implications are equally significant. Many communities have rich histories, cultural institutions, development initiatives and remarkable personalities whose contributions deserve recognition. Yet, because there are inadequate archives, publications and historical records, younger generations grow up without knowing the people who laid the foundations for their present opportunities.

    When communities fail to preserve their histories, they create room for distortions, competing claims and the gradual disappearance of their heritage. A community that does not document its past risks losing the institutional memory required to guide its future.

    However, writing one’s story should not be confused with self-promotion, propaganda or the deliberate exaggeration of personal achievements. It is about establishing an accurate record of contributions, preserving facts and ensuring that the truth is available for present and future generations.

    There is also an important distinction between telling one’s story and imposing one’s narrative on others. Responsible storytelling must be anchored on facts, verifiable evidence and intellectual honesty. It must recognize collective efforts and give credit where it is due.

    For professionals, this means maintaining records of major assignments, projects, publications, innovations and measurable accomplishments. For public institutions, it means investing in functional archives, annual reports, institutional histories and effective communication systems. For governments, it means documenting policies, implementation processes and measurable outcomes rather than allowing public communication to revolve exclusively around personalities.

    For nations, it means taking ownership of their historical narratives. A country that does not tell its own story leaves others to interpret its history, sometimes through perspectives that may not adequately reflect its experiences, sacrifices, achievements and aspirations.

    Nigeria, for instance, has remarkable stories of resilience, innovation, intellectual accomplishment, cultural influence and entrepreneurial excellence. These stories deserve systematic documentation and strategic communication at home and internationally. We cannot consistently complain about negative international perceptions while neglecting the responsibility of projecting our achievements and communicating our national identity.

    In the final analysis, writing your story is an act of responsibility. It is about preserving your place in history, establishing the truth about your contributions and ensuring that future generations have access to an accurate account of what happened.

    It is equally important to understand that the story must be written while the evidence is still available, the memories are fresh and the people who witnessed the events can still provide their accounts. Waiting until retirement, controversy or death to establish a record of one’s contributions may be too late.

    Life and leadership are not only about what we accomplish; they are also about what we preserve, communicate and leave behind.

    The greatest tragedy is not necessarily that someone else receives recognition for your work. It is that your contributions become so poorly documented that history has no reliable basis for establishing your rightful place.

    Therefore, individuals must document their journeys, institutions must preserve their achievements, communities must protect their heritage and nations must communicate their experiences.

    If you do not document your contribution, someone else may define it. If you do not preserve your history, someone else may rewrite it. And if you do not tell your story, do not be surprised when another person takes your glory.

    Your story is your legacy. Write it, document it, preserve it and communicate it. History should not be left entirely to the discretion of those who arrive after you.

    Omini Oden ACPA, FCAI, Development Journalist, writes from Abuja

     

  • Zimbabwean Clergymen, Traditional, Govt Leaders Acknowledge Nigerian Spiritual Leader

    Zimbabwean Clergymen, Traditional, Govt Leaders Acknowledge Nigerian Spiritual Leader

    By BANNERNEWS Reporter, Harare

    Zimbabwean religious leaders, a traditional ruler and government officials have acknowledged the spiritual leadership of His Holiness Olumba Olumba Obu, following a weeklong evangelical mission by the Brotherhood of the Cross and Star (BCS) to the southern African country.

    The acknowledgement came during a series of engagements by a visiting BCS delegation led by a Professor of economics, Patriarch Christ Shepherd David Irefin, alongside Matriarch Christ Shepherd Cecilia Mong, an international evangelist and technocrat. PCS Solomon Okon represented the spiritual leader.

    The mission held between October 19 and 26, 2026.

    In her report on the mission, Mong said the delegation visited government officials, Islamic leaders, traditional authorities and religious organisations as part of activities marking the 25th anniversary of BCS in Zimbabwe.

    She disclosed that a traditional ruler in Seke District, Mashonaland Province, Stanley Chimanikire, expressed interest in the spiritual message delivered by the delegation and subsequently accepted baptism alongside members of his family.

    According to the report, the traditional ruler also expressed willingness to visit the spiritual leader in Calabar, Cross River State, Nigeria.

    The delegation also visited Sheikh Yusuf Binali, an Islamic leader, and members of his congregation. Mong said the cleric observed similarities between their mode of worship and that of BCS, while questions about Olumba Olumba Obu were addressed by members of the visiting team.

    Sheikh Binali subsequently accepted an invitation to attend the Father’s Divine Manifestation scheduled for November 20, 2026.

    The team also visited the Zion Bishops Conference of Zimbabwe International, an organisation comprising bishops from Zimbabwe and neighbouring countries, where their official, Bishop Komchi reportedly expressed willingness to undergo baptism and visit Calabar.

    At the government level, the delegation paid a courtesy visit to the Minister of Metropolitan Province in the President’s Office, Hon. Charles Tawengwa.

    Mong said the mission also featured a press conference attended by 12 journalists from different media organisations, during which the delegation explained the doctrines and activities of the Brotherhood.

    The evangelical programme attracted participants from eight countries, including Nigeria, the United Kingdom, Ghana, South Africa, Mozambique, Malawi, Tanzania and Zimbabwe.

    She further disclosed that 30 new converts received baptism during the programme, which also featured a community outreach involving the distribution of gifts and provision of medical assistance to residents of Mbare.

    The mission was held alongside the 25th anniversary celebration of BCS Zimbabwe at Mbare Bethel and Shingirayi Conference Centre in Harare.

    Mong, however, identified the need for a full-time priest, expansion of the existing Bethel and strengthening of the organisation’s activities in Zimbabwe.

    She also said a planned extension of the evangelical mission to Mozambique could not take place because of visa restrictions, despite the participation of more than 10 Mozambican members in the Zimbabwe anniversary celebration.

  • PDP Cautions Against Intimidations Of Opposition Dignitaries, Gets New Chairman 

    PDP Cautions Against Intimidations Of Opposition Dignitaries, Gets New Chairman 

    By BANNERNEWS Reporter, Calabar

    The Peoples Democratic Party, PDP, in Cross River State has condemned recent attacks on opposition political figures in Calabar and Kebbi State, warning against violence and intimidation during political activities.

    The party expressed concern over the attacks on the presidential candidate of the Nigerian Democratic Congress, NDC, Mr Peter Obi, and his running mate, Senator Rabiu Kwankwaso, in Calabar on Wednesday.

    The duo were reportedly attacked by hoodlums while their convoy was passing through Watt Market roundabout after paying a courtesy visit to the Obong of Calabar during their political visit to the state.

    Former Vice President Atiku Abubakar and members of his entourage were also reportedly attacked in Kebbi State on Thursday while attending a political rally.

    The Cross River PDP said its members had equally suffered attacks, urging political actors to allow opposition parties to carry out their legitimate activities without intimidation.

    The position was contained in a communiqué issued after the party’s State Executive Committee (SEC) meeting, which also considered the resignation of its former state chairman, Venatius Ikem.

    The communiqué stated: “We seriously frowned at incessant attacks on PDP members and other opposition party members while carrying out their legitimate political activities.”

    The party subsequently ratified the nomination of Chief Francis Bullem as substantive state chairman, citing Article 47, subsections 5 and 6 of its 2017 Constitution, as amended.

  • NARD Rejects Six-Month Jail Term For Doctors, Threatens Nationwide Strike

    NARD Rejects Six-Month Jail Term For Doctors, Threatens Nationwide Strike

    By BANNERNEWS Reporter, Calabar

    The Nigerian Association of Resident Doctors (NARD) has rejected proposed legislation seeking to impose a six-month jail term or a fine of up to N300,000 on doctors and other healthcare professionals over delays in emergency medical treatment.

    The association warned that it could consider nationwide industrial action if the National Assembly proceeds with the proposed punitive provisions, insisting that medical practitioners should not be held criminally responsible for failures caused by years of neglect of the healthcare system.

    The proposed amendment to the National Health Act, which has reportedly passed second reading in the Senate, seeks to establish mandatory timelines for emergency treatment and referral, with penalties for healthcare professionals and facilities that fail to comply.

    In a statement signed by its President, Dr Ogar Emmanuel Idoko; Secretary-General, Dr Besongngem Akotanchi; and Publicity and Social Secretary, Dr Ashimom Timothy, NARD acknowledged the importance of prompt emergency care but faulted the decision to introduce criminal sanctions without first addressing the conditions in which doctors work.

    The association identified inadequate medical equipment, insufficient personnel, unreliable electricity, shortages of emergency supplies and deteriorating hospital infrastructure as major constraints confronting healthcare workers across the country.

    It argued that doctors should not be punished for institutional failures beyond their control, particularly when government hospitals lack the basic facilities required to provide timely emergency care.

    NARD also questioned the priorities of lawmakers, noting that Nigeria had yet to meet the 15 per cent health-sector funding commitment under the Abuja Declaration, despite the urgent need to strengthen public hospitals.

    It challenged the National Assembly to channel similar legislative urgency towards ensuring adequate funding, functional emergency departments, modern diagnostic equipment, reliable ambulance services and sufficient healthcare personnel.

    The association further warned that imposing additional criminal penalties on already overstretched medical professionals could worsen the country’s brain drain, as more doctors and other health workers might seek opportunities abroad.

    NARD called for the withdrawal and fundamental reconsideration of the proposed punitive provisions, urging lawmakers to consult medical associations, hospital administrators, patient representatives and other relevant stakeholders.

    It also demanded explicit legal safeguards to ensure that doctors are not prosecuted for delays arising from unavailable equipment, inadequate staffing or other circumstances beyond their reasonable control.

    The association challenged political officeholders to demonstrate confidence in the country’s public healthcare system by using government hospitals for their medical needs, instead of relying on overseas medical treatment.

    It maintained that meaningful reform should focus on adequate funding, improved hospital infrastructure, staffing and institutional accountability rather than criminalising frontline medical workers.

    NARD warned that if the National Assembly enacted legislation that unjustly punished doctors for systemic failures, it would convene its appropriate decision-making organs to consider all lawful options, including nationwide industrial action, while making arrangements to protect emergency and critically ill patients.

  • Ekpo Okon Accuses Tinubu Govt Of Failing To Account For Subsidy Savings, Borrowings

    Ekpo Okon Accuses Tinubu Govt Of Failing To Account For Subsidy Savings, Borrowings

    By BANNERNEWS Reporter, Calabar

    A chieftain of the African Democratic Congress, ADC, Mr Ekpo Okon, has accused the President Bola Tinubu-led Federal Government of failing to account for savings from petrol subsidy removal despite increasing the country’s borrowing.

    Okon, a former chairman of the Peoples Democratic Party, PDP, in Cross River State and former governorship running mate, said Nigerians had yet to see corresponding improvements in infrastructure and public services despite the economic hardship occasioned by the government’s policies.

    Speaking during an interview, he questioned the whereabouts of funds saved from subsidy removal and the proceeds of increased borrowing, arguing that budget implementation had remained poor.

    He said, “They promised that they would save money from subsidy removal for development purposes. But today, the government has borrowed more than any other government we have ever experienced in this country. Where is the money?”

    Okon who is the national coordinator of Atiku/Amaechi Campaign Organisation, said the removal of petrol subsidy and subsequent devaluation of the naira had increased transportation costs, food prices and the general cost of living.

    He also faulted the government’s education financing policy, arguing that increasing university fees before introducing the Nigerian Education Loan Fund, NELFUND, had further burdened families already struggling financially.

    According to him, government should prioritise affordable education rather than compel students from financially distressed homes to depend on loans to complete their studies.

    On the party’s proposed alternative, Okon said the ADC favoured supporting local refineries through discounted crude oil supplies to reduce the cost of petroleum products.

    He argued that Nigeria should stop subsidising imported petroleum products but could make locally refined products cheaper by selling crude oil to domestic refineries at reduced rates.

    Okon said the arrangement would enable local refiners to supply petroleum products at more affordable prices, with the benefits eventually reaching ordinary Nigerians through marketers.

    He urged Nigerians to assess the consequences of current economic policies and decide whether they wanted the country to continue on its present path.

     

  • ADC Chieftain Proposes Discounted Crude Oil For Local Refineries To Reduce Petrol Prices

    ADC Chieftain Proposes Discounted Crude Oil For Local Refineries To Reduce Petrol Prices

    By BANNERNEWS Reporter, Calabar

    A chieftain of the African Democratic Congress (ADC), Mr Ekpo Okon, has proposed the sale of crude oil to domestic refineries at discounted rates as a way of reducing the price of petroleum products and easing the cost of living in Nigeria.

    Okon, a former chairman of the Peoples Democratic Party (PDP) in Cross River State and former governorship APC running mate, said Nigeria could support local refining without returning to the subsidy regime associated with imported petroleum products.

    Speaking during an interview, he argued that the country’s crude oil resources could be deployed to make locally refined petrol more affordable to Nigerians.

    He said the government could sell crude oil to the Dangote Refinery and other domestic refineries at a reduced price, enabling them to produce and distribute petroleum products at lower rates.

    “Our position is that we should not subsidise imported petroleum products, but rather support local production,” he said.

    Okon explained that crude oil could be sold to local refiners at about $50 per barrel when the international market price was around $100, allowing the refineries to pass the cost advantage to petroleum marketers and ultimately consumers.

    He said the arrangement would help reduce the burden of rising transportation costs, which he noted had also contributed to increased prices of food and other commodities.

    The ADC chieftain acknowledged that the former petrol subsidy regime was undermined by corruption, including alleged fraudulent claims for petroleum products that were never delivered.

    However, he maintained that the availability of domestic refining capacity presented an opportunity for Nigeria to adopt a different approach by supporting local production.

    Okon also criticised the Federal Government’s handling of the economy, questioning the use of funds saved from subsidy removal and the country’s increased borrowing.

    He said the ADC would take its economic proposals to Nigerians during its campaign, urging voters to examine the effects of government policies on their livelihoods.

  • LP Candidate Wants Funds for Vote-Buying Redirected to People-Centred Projects

    LP Candidate Wants Funds for Vote-Buying Redirected to People-Centred Projects

    By BANNERNEWS Reporter, Calabar

    The Labour Party (LP) candidate for Calabar South Constituency II in the Cross River State House of Assembly, Comrade Affiong Joseph, has called for resources spent on vote-buying and political inducements to be redirected towards projects that directly improve people’s living conditions.

    Joseph said money and other materials used by politicians to secure voters’ loyalty would be better invested in road construction, job creation, affordable healthcare, electricity and other basic infrastructure.

    She argued that the country’s development needs should take priority over distributing money, rice and other items to influence voters during elections.

    The LP candidate also challenged politicians seeking re-election into various public offices to present their performance records instead of making fresh campaign promises.

    According to her, candidates who have served for four years or more should allow voters to assess their achievements during their previous tenure.

    “It is baseless coming to make promises again when you did not perform in the first four years. Candidates should produce their performance scorecards and allow the people to evaluate them instead of making unrealistic promises,” she said.

    Joseph maintained that politicians who had performed creditably would have little need to rely on money and material inducements to win public support.

    She blamed the hardship facing Nigerians on what she described as failed economic policies, arguing that the resources deployed for political inducements could help address some of the country’s pressing development challenges.

    She identified youth unemployment, poor road infrastructure, inadequate healthcare facilities and unreliable electricity supply as areas requiring greater investment.

    Joseph urged voters to hold political office seekers accountable for their records, insisting that public support should be earned through measurable performance and tangible development rather than campaign promises and handouts.

  • Lábúlé Releases Two New Singles, ‘Bí Eré Bí Eré’, ‘Èjẹ́’

    Lábúlé Releases Two New Singles, ‘Bí Eré Bí Eré’, ‘Èjẹ́’

    By BANNERNEWS Reporter, Lagos

    Nigerian music artiste, Lábúlé, has released two new singles, ‘Bí Eré Bí Eré’ and ‘Èjẹ́’, as part of efforts to expand his musical expression around African identity, culture and social realities.

    The songs, released on Monday, November 2, 2026, were produced under Kattel Music Incorporation.

    In a statement announcing the releases, the artiste said the two tracks offered different musical expressions but shared a common creative vision centred on storytelling, cultural identity and everyday social experiences.

    Lábúlé said his intention was to make music that goes beyond entertainment by encouraging reflection and giving expression to African experiences.

    “Music is a powerful language. It gives us the opportunity to tell our stories, express our realities, celebrate our identity and challenge the way people see the world,” he said.

    The artiste, who has performed at events including the International Jazz Festival, Felabration, Ofada Day and Opureze, also hosts a monthly live music gathering at Àdúgbò, his performance venue in Surulere, Lagos.

    The event, held on the last Friday of every month, provides a platform for live performances and interaction with music lovers.

    In addition to the new singles, Lábúlé has released two live performance videos from a three-video production undertaken by Kattel Music Incorporation in association with Àdúgbò.

    The videos, directed by Levimas Atafo, Creative Director of Cashiff House of Ideas, are available on the artiste’s YouTube channel, Lábúlé Official.

    He said the new songs were intended to contribute to the growing conversation about African music and the importance of telling African stories through indigenous creative expression.

  • The $1 Trillion Calculus: Balancing Infrastructure Debt With Asset Productivity

    The $1 Trillion Calculus: Balancing Infrastructure Debt With Asset Productivity

    EXPERT’S VIEWS ON BORROWING

    By Asiwaju Busari Shaamsuddeen Akande, FICA, CIFE, CMA

    President Bola Ahmed Tinubu’s ambitious blueprint to catapult Nigeria into a $1 trillion economy by 2030 has ignited a vital national discourse.

    The administration’s economic rationale is clear: aggressive macroeconomic structural reforms, coupled with heavy infrastructure investments like the Lagos-Calabar Coastal Highway and deep seaport expansions, are intended to unlock dormant economic vectors.

    Yet, as the administration argues that the focus must shift from the size of our debt to the scale of what we build, a fundamental question emerges for financial statesmen.

    Can Nigeria safely balance this monumental infrastructure debt with real, near-term asset productivity?

    To evaluate a transformation of this magnitude requires moving past emotive political rhetoric.

    Instead, we must apply a clinical, multi-disciplinary financial analysis. By crossexamining the $1 trillion target through the strategic cost lens of a Certified Management Accountant (CMA), the asset-backed equity framework of a Certified Islamic Finance Executive (CIFE), and the macro-prudential discipline of a Fellow of Credit Administration (FICA), we can map the precise calculus required to turn this sovereign vision into sustainable economic reality.

    *The CMA Perspective: Capital Productivity and the ROCE Framework*

    From the desk of a strategic management accountant, a nation’s balance sheet operates on the same foundational laws as a corporate enterprise.

    A target of $1 trillion cannot be achieved by nominal declaration or inflationary expansion; it is strictly a function of hyper-efficient capital allocation. The central metric under review here is the Return on Capital Employed (ROCE) at a sovereign level.

    The administration’s heavy capital expenditure on massive transit and maritime corridors is conceptually sound.

    For instance, slicing logistics costs along the LagosCalabar axis by an estimated 15% to 20% is a powerful supply-side stimulus.

    However, a CMA must analyze the velocity of this return. When a government incurs immediate, high-interest debt to fund long-gestation infrastructure projects, it risks creating a severe cash flow mismatch.

    If the reduction in corridor logistics costs does not instantly translate into heightened industrial output, corporate profitability, and taxable revenue, the ROCE falls below the sovereign cost of capital.

    To optimize this calculus, the government must move away from isolated project budgeting.

    We must treat every infrastructure project as a live costcenter that must actively demonstrate how it reduces the structural cost of doing business for the private sector in real-time.

    *The CIFE View: Transcending Debt Traps Through Real Asset Backing*

    Through the lens of Islamic finance governance, economic growth is fundamentally invalid if it is driven by speculative financial engineering or unbacked debt expansion.

    The core tenet of the CIFE framework is that finance must be a servant to the real economy, directly anchored to tangible, productive, and equitable assets.

    Nigeria’s current economic trajectory relies heavily on conventional external and domestic borrowing.

    From an ethical finance perspective, a purely debt-funded state apparatus risks creating an extraction loop, where future generations are taxed simply to service the interest on legacy liabilities. To achieve a true, resilient $1 trillion economy, the funding model must pivot toward risk-sharing and asset-backed frameworks, such as Public-Private Partnerships (PPPs) and sovereign Sukuk structures.

    Furthermore, a CIFE lens demands systemic equity. True economic expansion is not measured solely by an aggregate GDP figure, but by how effectively wealth circulates. If the new deep seaports and coastal highways only benefit multi-national conglomerates while small and medium enterprises (SMEs) are priced out of the value chain, the growth is hollow.

    Infrastructure must be designed as an open-access asset that integrates local agro-allied and manufacturing clusters into the wider economy, turning nominal growth into real-asset prosperity.

    *The FICA Lens: Macro-Prudential Capacity and Credit Risk Mitigation*

    As a Fellow of Credit Administration, my analysis must ultimately anchor on credit risk, debt sustainability, and institutional guardrails. The macro-reforms initiated by the current administration have yielded visible structural improvements.

    Nigeria’s real GDP grew by 4.43% in Q2 2026, and the aggressive expansion of the tax net has successfully driven the tax-to-GDP ratio up from a historical 7% to a more robust 12.5%.

    Concurrently, gross external reserves stand at a healthy $55.1 billion as of late 2026, providing a solid external buffer.

    Yet, a prudent credit administrator cannot ignore the compounding pressures within the domestic banking ecosystem.

    With the Central Bank of Nigeria (CBN) maintaining aggressive tightening measures to tame inflation, sovereign Open Market Operations Page (OMO) yields have settled near 15.85%, while commercial prime lending rates hover heavily between 27% and 30%.

    *Macro-Prudential Constraints under Review*

    • The Crowding-Out Effect: High double-digit returns on risk-free sovereign instruments incentivize commercial banks to retreat from private lending, starving the real economy.

    • Asset Quality Degradation: Squeezed liquidity elevates corporate capital costs, threatening a structural rise in Non-Performing Loans (NPLs) across the industry.

    The Strategic Equation for 2030:  The path to a sustainable $1 trillion Nigerian economy requires a tight calibration of thesovereign calculus.

    To ensure that infrastructure debt acts as an economic multiplier rather than a structural weight, policy execution must adopt three non-negotiable credit and accounting disciplines:

    • 1. Asset-Backed Monetization: Transition from direct balance-sheet borrowing to aggressive asset-backed concessions, ensuring private capital bears the commercial risk of long-term infrastructure.

    • 2. Granular Value-Chain Integration: Intentionally build industrial hubs and agricultural off-take zones along the margins of new highways and ports, guaranteeing immediate economic utilization of the infrastructure.

    • 3. Macro-Prudential Easing Triggers: Establish explicit fiscal triggers where a percentage of newly generated infrastructure revenue is legally earmarked to reduce sovereign debt, thereby driving down domestic yields and freeing up credit for private sector growth.

    President Tinubu’s vision has provided the momentum. However, it is the cold, calculated alignment of cost management, real-asset equity, and rigorous credit administration that will determine when  this journey culminates in a trillion-dollar milestone or a balance-sheet warning sign.

  • ADC Members Offer Homes To Host Leaders Ahead Of Sokoto Campaign Flag-Off

    ADC Members Offer Homes To Host Leaders Ahead Of Sokoto Campaign Flag-Off

    By BANNERNEWS Reporter, Sokoto

    Members of the African Democratic Congress (ADC) in Sokoto State have offered their homes and guest houses to accommodate party leaders and other dignitaries expected for the party’s presidential campaign flag-off, following difficulties in securing hotel accommodation.

    Aminu Abubakar, spokesman for the ADC governorship candidate in the state, confirmed that party members had volunteered their residences to host the visitors.

    “Some of them have offered their homes, while others have provided their guest houses to accommodate our visitors. That is where we are putting them up,” he said.

    A party chieftain, who spoke on condition of anonymity, said the party’s National Secretary and former Osun State Governor, Rauf Aregbesola; Senator Dino Melaye; and the Sokoto governorship candidate, Isa Ashiru, were among those who had arrived ahead of the event.

    More party leaders and dignitaries were expected later on Monday or early Tuesday, the source added.

    However, uncertainty remained over the venue of the campaign flag-off, as the party had yet to make an official announcement.

    While one source identified the Trade Fair Complex as the proposed venue, another said the event could hold at the party’s office along Ahmadu Bello Way, which was recently sealed by the state government.

    A source familiar with the arrangements claimed that the party had been asked to pay N20 million for the use of the Trade Fair Complex. The source said the party had accepted the condition and requested the account details for payment but was yet to receive them.

    Efforts to obtain clarification from the Director-General of the ADC Governorship Campaign Council, Hon. Bello Muhammad Goronyo, were unsuccessful, as he said he was unaware of the arrival of the visitors and the arrangements for the event.

    Meanwhile, another source claimed that the disagreement over the sealing of the party office had been resolved, adding that renovation work was carried out at the premises on Monday night.