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The Weakening Naira; Tinubu’s Criticism.
Naira Weakens, Tinubu Criticism.
A Tail of a Bloated Capacity.
Naira Weakens to N995/$ Amidst Economic Concerns: Tinubu Faces Criticism
By Peretengboro
September 23, 2023.
Abuja, Nigeria – The Nigerian Naira has taken a significant hit in the foreign exchange market, weakening to a concerning rate of N995 against the US dollar. This depreciation in the value of the Naira has sent shockwaves through the Nigerian economy, prompting criticism, concerns, and even an unusual promise of an award.
The sharp devaluation of the Naira is being attributed to a combination of economic factors and uncertainties. Nigeria, like many other countries, has grappled with economic challenges in recent years, including inflation, fiscal deficits, and the global impact of the COVID-19 pandemic. However, one name has been prominently associated with this recent decline – Bola Ahmed Tinubu.
Tinubu, a self-acclaimed economist, prominent politician, former governor of Lagos State and President of the Federal Republic of Nigeria, has been widely criticized for his role in the country’s economic management. Critics argue that his policies, or lack thereof, have contributed to the deteriorating economic conditions. They cite a lack of clear economic strategies and leadership as key factors behind the Naira’s freefall.
In a surprising turn of events, a group known as the “Naira Watchers” has promised to award Tinubu should the Naira reach the symbolic threshold of N1000/$. The group, composed of economists, financial analysts, and concerned citizens, has been closely monitoring the Naira’s performance and believes that such an award could serve as a wake-up call for Tinubu to address the economic challenges facing the nation.
The promise of an award has sparked a heated debate in the Nigerian political and economic arena. Supporters of Tinubu argue that the economic challenges facing the country are not his responsibility and that broader economic factors are at play. However, his critics insist that as the first successful businessman to become President of the country, much was expected him and hence, he should bear the bulk of the responsibility.
Economic experts are calling for urgent measures to stabilize the Naira and restore confidence in the economy. They emphasize the need for a comprehensive economic plan that addresses inflation, trade imbalances, and fiscal discipline. It remains to be seen whether President Tinubu will respond to these calls with concrete policies and actions.
In the coming weeks, all eyes will be on the Naira’s performance in the foreign exchange market. As it approaches an All-time height of N1000/$ mark, the debate over its causes and potential solutions will continue to dominate TV and print news headlines. Nigeria’s economic future hangs in the balance, and the nation awaits decisive action to address its economic challenges.
By: Divine Perezide
Bayelsa State has recently dominated media conversations – for both challenges and remarkable achievements. While reports of insecurity, cult clashes, and kidnapping occasionally surface, the state’s transformation under the administration of Senator Douye Diri continues to overshadow the negatives. From the Bayelsa Central Bus Terminal and the International Stadium to the Power Plant and now Bayelsa Air, the state’s development trajectory bears the mark of purposeful leadership. Indeed, the story of Governor Douye Diri aptly reflects the saying: “A bend in the road is not the end of the road.”
Good governance advocate and Editor-in-Chief of IduwiniVoice, Prince Dr. Peretengboro Klintin Bibaikefie, has described Governor Douye Diri as not just “The Miracle Governor” but “A Miracle-Working Governor.” According to him, it is rare to see a second-term governor working with such intensity while many of his peers are content showcasing their first-term achievements. “Only a miracle,” he asserts, “can inspire such dedication and passion.”
From the outset, Governor Diri’s journey has carried divine undertones. His emergence as Bayelsa’s fifth democratically elected Governor remains one of the most extraordinary twists in Nigeria’s political history a clear testament to the hand of God. Many across the political and social spectrum agree that his leadership was divinely orchestrated for a special mission, not just for Bayelsa but for the entire Ijaw Nation.
Upon assumption of office, Governor Diri inherited a near-empty treasury. The state could barely afford basic operations, including fueling vehicles and generators in Government House. Yet, rather than despair, he focused on service delivery, setting aside personal comfort for the work at hand.
Just as his administration was finding its footing, the global COVID-19 pandemic struck, shutting down economies and stalling progress. Hardly had the state recovered when the catastrophic 2022 flood one of the worst in Nigeria’s history ravaged communities. Being largely below sea level, Bayelsa was particularly devastated, with rivers and tributaries converging into the Atlantic Ocean across Ofits terrain.
At that point, many believed the governor’s tenure was doomed to fail. However, what seemed like setbacks were, in hindsight, divine tests preparing him for greatness. Each crisis became an avenue for providence to showcase grace. Today, the unfolding developments reveal a leader destined for transformation Generational Leader.
Such leaders appear once in a century figures like Mahatma Gandhi, Abraham Lincoln, Nelson Mandela, Kwame Nkrumah, Chief Ernest Sisei Ikoli, High Chief Harold Dappa-Biriye, and Major Isaac Jasper Adaka Boro. They share uncommon humility, compassion, and an unwavering commitment to peace, unity, and people-oriented governance. Governor Douye Diri exemplifies these virtues. Those close to him attest to his calm disposition, forgiving spirit, and tireless devotion to service.
Observers with spiritual insight often say that the spirits of Chief (Sen.) Dr. Melford Okilo, High Chief Harold Dappa-Biriye, and Major Isaac Jasper Adaka Boro dwell within him, guiding his actions and shaping his vision for Bayelsa.
Indeed, the governor’s record speaks volumes. Beyond rhetoric, tangible projects now redefine the state’s landscape:
New Gas Turbines ensuring 24-hour power supply for Yenagoa and environs, Nembe-Brass Road, Yenagoa-Angiama-Otuan-Oporoma Road, New Yenagoa City Development Project, Glory Drive Phases II & III, Polaku-Sabagriea Road, Akaba-Ogu-Okodi Road, 25,000-capacity FIFA-standard Stadium, Angiama-Enewari Road, 9-storey New State Secretariat Complex, Sagbama-Ekeremor-Agge Road, among others
The latest addition – Bayelsa Air – has again stunned Bayelsans and the world. The state recently acquired two aircraft to operate routes from Yenagoa and Port Harcourt to Abuja, Lagos, and other destinations, with plans for additional fleets underway.
This bold move has sparked public admiration and curiosity: Is the governor campaigning for a third term? Though constitutionally impossible, such speculation underscores public awe at his relentless pursuit of progress uncommon trait among second-term an leaders who often retreat into complacency.
With uninterrupted power supply, improved infrastructure, and expanding connectivity, Bayelsa is poised for an economic renaissance. Investors, entrepreneurs, and tourists will soon flood the state, unlocking new opportunities and prosperity.
In all, the people of Bayelsa have every reason to give thanks – for the gift of Governor Douye Diri, the Miracle Governor, and for the dawn of a new era of hope, growth, and transformation.
News
Just In: Ogulagha Community Mourn As Family Set To Lay Late Brateide Karawei To Rest October 10.
By: Favour Bibaikefie
The Karawei family of Ogulagha Community in Burutu Local Government Area of Delta State has announced the burial arrangements for remains of Late Mr. Brateide Karavei, who died on August 6, 2025,at the age of 73.
Until his death, Brateide, a cherished elder of the Karawei family, was a descendant of late Pa. Kalaoru Karawei of Ofou-Ware in Ofougbene Community and Mama Ayan Olukpa Karawei of Egbenebo Idumu in Agge Community, Ekeremor Local Government Area of Bayelsa State. He was widely regarded as a devoted husband, father,grandfather, uncle, and community figure whose life touched many across Ijaw land and beyond.
According to a statement released by the family and signed by Chief Prefugha Karawei (JP), for the family and Tamarau-Layefa Karawei, for the Children, burial writes will begin on Friday, October 10, 2025. At 8:00AM., his body will leave Vennell Mortuary for his hometown, Ogulagha, where a brief Christian Funeral Service will be conducted by the Rock of Christ Evangelical Love Ministry (RCELM) at his residence in Obuko Idumu, Ogulagha town, followed immediately by interment.
Guests are billed to be entertained later in the evening during an All-night Social Wakekeeping from 7:00PM till dawn, at Ogulagha Hotwater/Garage.
An Outing/Thanksgiving Service will be held on Sunday, October 12, 2025, by 8:AM, at the Rock of Christ Evangelical Love Ministry (RCELM), Ogulagha.
The death of Elder Brateide marks the departure of a respected figure in Ogulagha, Agge, and Ofougbene leaving behind memories of love, leadership, and community service as the Karawei family express deep sorrow over the home call of their father and patriarchal.
2027: Jerry Gana says Jonathan will Return as PDP Presidential candidate
Abuja – former of information, prof. Jerry Gana, has stirred Nigeria’s political space with a declaration that ex-president Goodluck Ebele Jonathan will return as the presidential candidate for the people’s Democratic party (PDP) in 2027.
Speaking during a political gathering, Gana recalled Jonathan’s famous word in 2025 when he started that his ambition was not worth the blood of any Nigerian. He noted that after Jonathan left office, another president served for eight years, and the current administration has spent two years in power. According to him, Nigerians have now experienced the difference and are calling for Jonathan’s comeback.
I can confirm that former president Goodluck Jonathan will contact the 2027 election as the PDP candidate, Gana affirmed.
The PDP Chieftain further expressed confidence in the resilience of his party, stressing that internal disputes would not derail it’s resurgence. He described the PDP as the most democratic political structure in the country, anchored on grassroots participation and popular support.
Gana maintained that Jonathan’s expected candidacy reflects the will of Nigerians who yearn for stability, utility, and credible leadership as the nation prepares for another election cycle.