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It’s Laughable Blaming Emefiele For Nigeria’s Economic Challenges, CSO Chides Arewa Youth Assembly

The Coalition of Civil Society Groups has knocked Arewa Youth Assembly for accusing the Godwin Emefele-led Central Bank of Nigeria (CBN) of plunging the county’s economy into comatose through its policies.
It will be recalled that the Arewa Youth Assembly had called on Emefiele to resign his position over failure to manage the country’s economy sustainably.
Expressing disappointment over the call during a press conference on Tuesday in Abuja, the President of the Coalition, Etuk Bassey Williams said the claim by the group was unfortunate and far from the truth, saying, “We condemn in strong terms the call for resignation of the CBN Governor by the Arewa Youth Assembly over an unsubstantiated and frivolous claim that the policies of the CBN has plunged the county’s economy into comatose. This is laughable and uncharitable. It is unfortunate that some individual will derive joy in an attempt to pull an achiever down.
“We observe the insincerity, and question the genuineness of the claim that the economy is bad today by the same people who asserted that President Muhammadu Buhari’s administration inherited an economy that was in a shambles and worsened by a sharp drop in the prices of oil crude at the international market, empty treasury that resulted in the inability of many state governments to pay workers’ salaries, depleted foreign reserves, dilapidated infrastructure and long-standing insurgency and internal security challenges.
“It is common knowledge that expanding exports is our surest way to make the Naira regain value. It is very important to note that today, Nigeria gains most of its foreign exchange from the sales of crude oil. The implication of the above fact is that our over-reliance on crude oil which accounts for more than 90% of Nigeria’s foreign exchange determines the value of the Naira, hence the argument against the CBN Governor is false and meant to derail the economic and monetary policies of the Governor. The peddlers of this falsehood are ill-informed or just being mischievous”.
Also speaking to the newsmen, secretary of the group, Abubakar Ibrahim, lamented that instead of all Nigerians to shower praises on the CBN Governor, some uncharitable individuals could express such notion that Emefiele is rather working in the reverse order, insisting that they appreciate the CBN Governor for the roles he is playing in stimulating the Small and Medium Enterprises (SMEs) to enable production of goods for export.
“We appreciate the CBN Governor for making outstanding efforts to stimulate the SMEs so as to produce goods that can be exported to enable us to increase our foreign exchange earnings as well as improve living standard. Today we have witnessed massive support and motivation to rice, cocoa, and groundnut farmers with agric loans. He has also assisted the manufacturing industries with loans so as to help them produce quality goods that meet the global standard for exportation.
“We fear that the politicians are at it again to implore the same tactics used against the previous government just to have their way to power. Accusing the CBN Governor for plotting to contest for the presidency in 2023 or his connivance with politicians to defraud the government is most unfortunate, unbelievable and unfounded.
“Unfortunately, the falsehood is too many, on the disbursement of Covid-19 loan meant for indigent Nigeria, it is important to note that the CBN Governor was not involved, as a committee was responsible with direct involvement of ICPC and other ministries”, Ibrahim said.
News
‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain
By Emmanuel Kuza
A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.
Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.
According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.
“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.
He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.
“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.
The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.
Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.
“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.
He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.
“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.
Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.
He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu
News
200 widows benefit from empowerment outreach in Plateau
By Israel Adamu, Jos
Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.
The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.
The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.
She stressed that the outreach was not a political programme but an expression of love and support for humanity.
Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.
“This is simply an expression of compassion and love for humanity. It is not a political programme.
“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”
Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.
Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.
At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash
News
SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance
By Francis Wilfred
The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.
They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026
The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.
Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.
Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations
He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector
“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.
In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.
The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.
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