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NGIJ’s Call to President Tinubu: Address Economic, Security Concerns Before Nigerians Take to the Streets

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The Nigerian Guild of Investigative Journalists (NGIJ) has calls on President Bola Ahmed Tinubu and his All Progressives Congress led-administration to swiftly address pressing issues relating to the economy and security of the country, before Nigerians take to the streets.

In a statement issued on Friday in Abuja, signed by the President and National Secretary of The Guild, Mr. Ayoyemi Mojoyinola and Abdulrahman Aliagan respectively.

“We believe that urgent action is needed in order to prevent further deterioration of these crucial aspects of Nigerian society to avoid street protest that may have negative effect on the nation at large. NGIJ stated.

According to the statement, “We implore the Tinubu led-government to immediately put an end to the dollarisation of the Nigerian economy.

“We noted that the excessive reliance on foreign currency has had a detrimental effect on our nation’s economic stability and is hindering the growth and development of local businesses.

“It is vital that steps are taken to promote the use of the Nigerian Naira and protect its value.” The Guild said.

“Secondly, we request that the government formulates a comprehensive policy to mitigate the impact of the Fuel Subsidy removal. This decision has burdened Nigerian citizens with high fuel prices and has resulted in increased living costs for many. It is imperative that measures are put in place to alleviate the financial strain on the Nigerian people.”

NGIJ however expresses concern regarding the distribution of the N15,000 palliative. “We firmly believe that this aid will be marred by corruption and will not reach those who are most in need. It is crucial that efficient and transparent mechanisms are established to ensure that relief funds reach the intended beneficiaries.

“Additionally, we urge the government to consider policies that are inclusive and benefit all Nigerians. It is imperative that measures are implemented which take into account a wide spectrum of the population, ensuring that they have access to essential services and a decent standard of living.” NGIJ maintained.

The Guild pointed out that the issue of insecurity in Nigeria has reached extreme levels, causing distress and fear among citizens.

“No place is safe, and urgent action must be taken to address this matter effectively.

“We call upon the government to prioritise the security of its people and implement strategies that can restore peace and stability throughout the nation.

“Finally, as a body of Journalists, we implore President Bola Ahmed Tinubu to provide sustainable solutions that will guide Nigeria out of its current economic and security quagmire. It is crucial that decisive action is taken to steer the country back onto the right track, both economically and in terms of security.” It said.

The Nigerian Guild of Investigative Journalists (NGIJ) stands ready to support the government in addressing these critical issues and will remain vigilant in ensuring that the interests of the Nigerian people are upheld.

“We therefore call on President to consider our recommendations and take immediate action to propel Nigeria forward towards economic prosperity and security of lives and property in Nigeria. The statement concludes.

   

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Time Nigeria is a modern and general interest Magazine with its Headquarters in Abuja. The Magazine has a remarkable difference in editorial philosophy and goals, it adheres strictly to the ethics of Journalism by using the finest ethos of the profession to promote peace among citizens; identifying and harnessing the nation’s vast resources; celebrating achievements of government agencies, individuals, groups and corporate organizations and above all, repositioning Nigeria for the needed growth and development. Time Nigeria gives emphasis to places and issues that have not been given adequate attention by others. The Magazine is national in outlook and is currently being read and patronized both in print and on our vibrant and active online platform (www.timenigeria.com).
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This is not a story about a reluctant investor. It is a story about capital that wants to move, cannot find enough places willing and able to receive it in a form it can underwrite, and quietly waits instead. Multiply that fund by the hundreds of pension schemes, sovereign wealth vehicles, commercial banks and infrastructure funds now carrying dedicated allocations for emerging-market infrastructure, and a pattern emerges that rarely makes it into a headline: the world is not short of capital for infrastructure. It has capital in historic abundance, sitting adjacent to a historic infrastructure gap, unable to cross the distance between the two. 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Where the Conversion Breaks  The break does not happen at the ends of the process. It happens in the middle, in the unglamorous sequence of work that turns a plausible concept into an instrument a fiduciary can sign. A promising transmission project needs a feasibility study rigorous enough to survive institutional scrutiny rather than optimistic enough to attract early interest. It needs offtake arrangements that hold up under real counterparty and currency risk, not the counterparty risk assumed in a base case. It needs environmental and social documentation calibrated to the standards of the institutions being asked to fund it, not the standards of the jurisdiction hosting it. It needs a legal and commercial structure that allocates risk in ways a commercial lender, not only a development financier, will accept. It needs a sponsor capable of executing what has been proposed, not merely capable of proposing it. 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