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Tinubu’s 2nd Anniversary: No gains, it’s more pain, misery, hardship — NLC

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NLC President, Joe Ajaero and President Bola Tinubu
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The Nigeria Labour Congress (NLC) says the past two years of President Bola Tinubu administration have brought severe pain and misery on Nigerian workers and the masses as no gains has been recorded in many sectors.

In an appraisal of the administration’s first two years, NLC President, Joe Ajaero stated that there has been nothing to celebrate since the government came into power.

According to him: “When President Bola Tinubu took office on May 29, 2023, he promised a new dawn—bold economic reforms that would rescue Nigeria from fiscal instability and set it on a path to prosperity.”

But two years later, the only thing bolder than his rhetoric is the magnitude of suffering and hardship his policies have inflicted on workers and ordinary Nigerians. Far from renewing hope, his administration has recycled the same failed neoliberal experiments of the past, proving once again that you cannot cure a patient by prescribing the poison that made them sick in the first place.”

Citizens’ woes

“The sudden removal of the petrol subsidy sent shockwaves through an already fragile economy, causing fuel prices to skyrocket from N187 to over N600 per litre overnight. The government claimed it was a necessary sacrifice to free up funds for development—but where are the results?

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“Instead of reinvestment, Nigerians got inflation so vicious that families now skip meals, businesses shut down daily, and transport costs consume what little remains of workers’ wages. The naira, left to the so-called ‘market forces,’ has collapsed in value, turning Nigeria into a bargain basement for neighbouring countries, while local industries suffocate under the weight of imported inflation.

“What makes this pain even more frustrating is that none of it is new. We’ve seen this script before—subsidy removals, devaluations, and IMF-approved austerity—each time sold as the bitter pill Nigeria must swallow for a brighter future. But when has it ever worked? These same policies under past administrations only widened inequality, enriched a few, and left the majority poorer. Tinubu’s version is no different—except the suffering is deeper, the anger louder, and the government’s response more brutal.

“Nigerian workers have seen their real wages obliterated. Pensioners, SMEs (facing over 150 per cent inflation in inputs), and 150 million Nigerians are now multi-dimensionally poor. It has been two years of intimidation and harassment for Labour leaders and trade unions in Nigeria. Flagrant disregard for court orders and the criminalisation of union protests and actions have become the norm. Wage award arrears at the federal level remain unpaid, despite repeated promises.

“The only notable effort is the provision of compressed natural gas (CNG) buses by the Federal Government to ease transportation for Nigerian workers—but this remains grossly inadequate, hampered by severe gas infrastructure deficits.”

No dialogue

“Promised dialogue with Labour unions has been replaced with intimidation and violence. Workers demanding a living wage are met with batons and threats, while the government wallows in luxury. The same officials who preach sacrifice travel in convoys, feast on bloated budgets, and treat public funds like personal piggy banks. Meanwhile, factories close, jobs vanish, and hunger becomes the defining feature of Tinubu’s Nigeria.“Who benefits from this folly? Not the millions of Nigerians who can no longer afford food or transport.

Not the small businesses buried under the weight of rising costs. The real winners are the usual suspects—the oil cartels, the currency speculators, the political elite with offshore accounts, and their foreign backers at the IMF and World Bank, who have always seen Nigeria as a laboratory for their disastrous economic theories.”

Economy

“Economic performance can only be measured by how well the citizens feel. No amount of data manipulation can explain away the massive hardship that pervades our nation. Workers and ordinary Nigerians are deeply worried about the future.

“In any case, in the surreal landscape of a nation grappling with escalating insecurity, discussing the intricacies of economic policy seems akin to debating the colour of curtains in a burning house. The pervasive threat of mass kidnappings, abductions, and banditry casts an ominous shadow over society, rendering economic discourse almost absurd in the face of urgent, life-threatening crises.

Insecurity

“Boko Haram and other insurgent groups have multiplied in recent years, while lives and properties are lost daily across the nation. Our nation is at war. In such a climate, the absurdity lies in the stark disconnect between bureaucratic discussions on fiscal policy and the visceral, pressing needs of a populace caught in the crossfire of insecurity.

“Citizens find themselves torn between the hypothetical benefits of economic strategies and the immediate threats to their safety and well-being. The urgency of addressing the security crisis is a stark reminder that, in the hierarchy of priorities, protecting life and liberty must take precedence over economic debate—challenging the very essence of governance in times of profound adversity.

“The truth is simple: reforms that bring only pain without gain are not reforms at all. They are deformations—deliberate assaults on the poor in service of a system that rewards the powerful. If this government truly wants to renew hope, it must abandon these cruel experiments, listen to the people, and chart a new course—one that puts Nigerians, not foreign creditors and profiteers, at the centre of policy. Anything less is a betrayal of public trust.”

 

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SDGs: Mbah moves Enugu beyond projects, targets lasting development impact

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Enugu SSG, Prof Chidiebere Onyia and Frank Nweke Jnr
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…Unveils 25-year plan to sustain transformation beyond individual administrations

The Enugu State Government has unveiled a 25-year development plan aimed at ensuring that the state’s ongoing transformation outlives individual administrations, with Governor Peter Mbah declaring that the government’s focus is shifting from simply delivering projects to building strong institutions and achieving lasting improvements in the lives of citizens.

Mbah made the declaration at the 2026 Enugu State Global Goals Week Symposium, held at the International Conference Centre (ICC), Enugu, with the theme, “From Projects to Lasting Impact: Sustaining Enugu State’s Development Transformation.”

Governor Mbah, who was represented by the Secretary to the State Government, Prof. Chidiebere Onyia, said the state’s development agenda was being deliberately aligned with the Sustainable Development Goals (SDGs) to ensure that investments in infrastructure, human capital and critical services produced measurable and enduring impact.

He said the administration had continued to prioritise investments in education, healthcare, roads, agriculture, water, technology, security and other critical sectors, stressing that the projects were not ends in themselves but part of a broader strategy to build systems capable of sustaining development over the long term.

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“Our objective is not merely to execute projects, but to build systems and institutions capable of delivering enduring development and ensuring that the transformation we are driving today is sustained beyond the tenure of any single administration,” Mbah said.

He said the 25-year development plan would provide continuity, guide long-term investments, strengthen institutions, expand economic opportunities, improve human capital and promote inclusive development across the state.

Mbah noted that the state’s commitment to the SDGs was reflected in the spread of development interventions across the 260 electoral wards, particularly through the Smart Green Schools and Primary Healthcare Centres.

He assured that the government would continue to strengthen institutions, improve service delivery and put in place mechanisms to sustain the development gains achieved under the administration.

In a welcome address, the Senior Special Assistant to the Governor on Sustainable Development Goals and Enugu State SDGs Focal Person, Onyinye Akubuilo-Okpalanma, said the state’s transformation must remain people-centred, inclusive and sustainable.

She said government programmes should be judged not simply by the number of projects completed or funds spent, but by their impact on residents, the opportunities created and the communities strengthened.

“The success of government programmes should not be measured only by the number of projects completed or the amount of money spent, but by the extent to which those interventions improve the daily lives of our people, expand opportunities and strengthen communities,” she said.

Akubuilo-Okpalanma called for stronger community participation, continuous monitoring, reliable data and greater transparency in public finance and project implementation. She also urged greater attention to vulnerable groups and sustained investment in education, primary healthcare and environmental protection.

She called on development partners, civil society organisations, traditional institutions, the private sector and community leaders to work with government to sustain development gains, stressing the importance of continuity, institutional memory and long-term planning.

“Enugu’s transformation will be judged not only by the projects visible today, but also by the quality of institutions, opportunities and services available to future generations,” she said.

In a keynote address titled “From Projects to Lasting Impact: Sustaining Enugu State’s Development Transformation,” former Minister of Information, Frank Nweke Jnr., commended the scale and pace of public investment in the state over the past three years.

Nweke said the Mbah administration had reported more than 1,500 kilometres of roads constructed or reconstructed, over 7,000 classrooms and 260 Type-2 Primary Healthcare Centres.

He also cited the 2025 budget, in which ₦837.9 billion, representing 86 per cent of the budget, was allocated to capital expenditure, while ₦320.6 billion, representing more than one-third of the total budget, was allocated to education.

He stressed that improved domestic revenue mobilisation was essential to sustaining ambitious development, noting that the financial capacity to fund projects, maintain public assets and support institutions was critical to long-term transformation.

“Projects can transform places, but strong institutions are necessary to ensure that the transformation endures,” Nweke said.

He identified five priorities for sustaining Enugu’s development: linking investments to clearly defined problems and measurable outcomes; embedding the SDGs in planning and budgeting; measuring outcomes rather than expenditure alone; providing for the maintenance of public assets from the outset; and strengthening institutions, professional capacity and accountability mechanisms.

In separate goodwill messages, the UNICEF Field Office, Enugu representative, Juliet Chiluwe; the Special Adviser on Legislative Matters, Rt. Hon. Paul Nnajiofor; and Amb. Amaka Nweke commended the state’s development efforts and emphasised the need for inclusive, accountable and sustainable development that would continue to benefit present and future generations.

The event brought together government officials, development partners, traditional and community stakeholders, civil society representatives and members of the National Youth Service Corps (NYSC), among other participants.

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FG slashes interest rate on late tax payment

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The Federal Government (FG) has reduced the penalty interest rate for late settlement of tax liabilities, with the new regime taking effect from October 1, 2026.

Under the new arrangement, interest on tax liabilities payable in naira will be pegged to the Central Bank of Nigeria’s (CBN) Monetary Policy Rate (MPR) plus one percentage point, down from the previous five-percentage-point penalty.

The measure is contained in the Nigeria Tax Administration (Interest on Late Payment of Tax) Order, 2026, issued yesterday by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, pursuant to Section 65 of the Nigeria Tax Administration Act, 2025.

According to the minister, the new Order will apply uniformly to taxpayers dealing with federal, state and Federal Capital Territory (FCT) tax authorities.

However, the applicable interest rate on naira-denominated tax liabilities will not fall below the yield on 364-day Treasury Bills, reflecting the Federal Government’s cost of borrowing when tax payments are delayed.

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For tax liabilities payable in foreign currencies, interest will be charged at the Secured Overnight Financing Rate (SOFR) plus six percentage points.

The Order further provides that where SOFR is discontinued, its officially designated successor rate will apply.

Explaining the rationale for the new regime, Oyedele said the objective was to align the cost of late tax payments more closely with prevailing market conditions while providing taxpayers with greater certainty about their obligations.

“Tax that is due belongs to the public. When it is paid late, Government may have to borrow to fill the gap, and the cost falls on everyone.

“This Order ties the cost of late payment to real market rates, so that delaying tax does not become a cheaper form of credit than the market itself,” he stated.

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APC wins all Chairmanship, Councillorship seats in Enugu

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The All Progressives Congress (APC) has won all chairmanship and Councillorship seats contested in the Sept. 26 Local Government Election in Enugu State.

The Enugu State Independent Electoral Commission (ENSIEC) conducted election into the 17 Chairmanship and 260 Ward Councillorship positions in the state on Saturday.

Declaring the election results at the ENSIEC headquarters in Enugu on Sunday, the Chairman of the Commission, Prof Christian Ngwu, said that the election was free and fair.

Ngwu said that the election was conducted according to rules guiding the Commission, and “subsequently, we are issuing the winners with certificate of returns.”

Speaking after collecting his certificate of return, Chairman of Enugu South Local Government Area, Chief Caleb Ani, attributed the landslide victory of the candidates of APC to the massive developmental works of Gov. Peter Mbah.

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Ani urged the residents of the state to vote for Mbah en masse in the forthcoming 2027 General Election to continue the good works.

“Gov. Mbah has done well in all ramifications, this is partly while the APC candidates won overwhelmingly.

“I urge the people to vote for him, come 2027 General Elections so that he will continue with his good works and do more,” he said.

Reacting, the APC Chairman in Enugu State, Dr Martin Chukwunweike, said that the resounding victory at the polls indicated the dominance of the national ruling party, APC, in the state.

“We will not rest as we push the developmental efforts of President Bola Tinubu and our amiable governor, His Excellency Dr Peter Ndubuisi Mbah, for the world to see.

“Tinubu, Mbah and all the APC candidates will be reelected in 2027 as they have performed exceptionally well in the past three years,” he said.

In the numerical figures of the results pronounced, APC chairmanship candidates won with margins while the opposition parties trailed behind with minimal votes.

For instance, in Udenu, Igbo-Eze North and Igbo-Eze South local Government Areas respectively, the APC chairmen elect secured virtually the whole votes cast.

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