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Soludo: A Pragmatic Economist and Statesman for Nigeria’s Future

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By Christian ABURIME

In a riveting address delivered at The Platform, a special national policy dialogue celebrating Nigerian democracy on June 12 in Lagos, Anambra State Governor, Professor Chukwuma Charles Soludo, CFR, perceptively dissected national issues and articulated a compelling vision for Nigeria’s economic and political future. Invited as one of the guest speakers, Governor Soludo did not just show up as a governor, but as an erudite public intellectual and hands-on leader, as he displayed the rare combination of brilliant economic insights and statesmanlike vision that Nigeria desperately needs.

His speech on the subject of Sustainable Democracy and Free Market Economy touched base with the contemporary challenging times, highlighting his profound understanding of Nigeria’s economic challenges and presenting a roadmap for national recovery. With a depth of knowledge honed over decades as an academic, international consultant and former Central Bank governor, Prof. Soludo diagnosed the deep-rooted ills afflicting Nigeria’s battered economy with clinical precision.

He exposed the structural flaws, policy inconsistencies, and lack of productivity that have turned a potentially prosperous nation into a staggering giant struggling under a mountain of debt. In the end, he also propounded solutions in such a way that any dispassionate listener would come away with a genuine impression that Governor Soludo’s comprehensive diagnostic approach and exemplary leadership qualities underscore his potential as the pragmatic, paradigm-shifting leader Nigeria needs in the near future.

Prof. Soludo, with his illustrious academic background and distinguished career, has always been an icon of intellectual rigour and policy innovation. His tenure as the Governor of the Central Bank of Nigeria is still remembered for the significant reforms that stabilised the banking sector. Soludo’s deep-seated knowledge of economic principles and his pragmatic approach to policy-making were evident in his Platform speech. Some of his remarks are as profound as they are reflective of the man’s depth of mind. A few quotes from his speech will suffice.

On the dynamics of democracy and free market economy, Soludo said “It needs to be emphasized however that democracy and market economy are dynamic and permanent work-in-progress, requiring constant contestations among interest groups in the struggle towards a more perfect society.” He continued, “The state of the economy is therefore the determinant of enduring democracy, and for most people, democracy is a key pre-requisite for sustainable economic transformation. Democracy and, indeed, any form of governance must deliver tangible social and economic benefits to the generality of the citizens to be credible and sustainable.”

On admitting the reality of Nigeria’s true economic condition, Prof. Soludo was downright frank: “Let’s admit a fact which most Nigerians don’t seem to appreciate. Nigeria is a very poor country, and its public finance is broken. This admission is critical to any reasonable discourse on the road ahead.” To fix the broken public finance, Soludo implied thus: “Given the humongous infrastructure deficit, the consolidated public sector (FGN and States) capital spending should be at least 10-15% of GDP per annum. Currently, it is less than 5%. Indeed, the entire budget of the FGN is probably less than 30% of what we need to be investing in infrastructure per annum.”

On economic solutions, Soludo went further to emphasize thus: “There is an emergency, and incremental changes won’t cut it. Intentional systemic disruptions are urgently needed but it requires mass mobilization and ownership by the public. Suffice it to say that fixing the systemic insecurity, broken public finance and economy, broken oil and gas sector, infrastructure and environmental decay, rising social tensions, and restoring hope and confidence of the citizens would require us to try several roads not travelled – thinking and acting without any box!”

But how does Soludo see the efforts of the current president in tackling the volatile economy? Hear him: “I believe that President Tinubu (the man who fought the FGN to a standstill over the power of Lagos State to design the local government system of its choice, championed the fundamentals of true federalism 2003-2007, and tamed the Atlantic Ocean) has the knowledge and courage to mobilize Nigeria to cross over the current crossroads. There are no easy or quick fixes, and he needs our collective support.”

Reflecting his own empathetic nature, sensitivity and emotional intelligence as a leader, Soludo expressed a most touching thought on the current hard times most Nigerians are facing: “As a person, I deeply feel the pains of all Nigerians at these challenging times, especially the over 100 million Nigerians who are multi-dimensionally poor. Times are hard. Sometimes I wish that I can give every resident of my state N1 million each to cushion the effects of the hard times.”

But the professor of economics is more than just an economic theorist – he is a leader taking bold actions to put his ideas into practice in Anambra State. Since assuming office over two years ago, he has led by example through prudent spending, patronising made-in-Nigeria products, and displaying genuine empathy for the common man. His commitment to social justice is a cornerstone of his governance philosophy, making him a leader who truly understands and addresses the needs of his people.

According to Soludo, addressing the needs of common Nigerians “will require a fundamental reordering of national priorities to invest massively in social programs (especially health, education and social protections) as well as infrastructure to give everyone a stake in the national cake, thereby securing the future. I am an Awoist and a true progressive on this front.” In fact, Soludo’s Awoist priorities are re-establishing social services in education where he has employed thousands of quality teachers and abolished tuition fees; in healthcare where more personnel are being employed and pregnant women enjoy free antenatal care; in economic security for the senior citizens and underprivileged; and in infrastructural development – all without resorting to piling on more debt.

Nigeria’s economic malaise is quite convoluted and Governor Soludo’s analysis of the woes was extraordinarily incisive. Over and over, he identified structural deficiencies, rampant corruption, and over-reliance on oil revenues as key impediments to economic stability. His critique was not just a lamentation of Nigeria’s economic troubles but a call to action. Soludo emphasized the need for economic diversification, robust governance frameworks, and an enabling environment for entrepreneurship and innovation. His insights reflect a deep understanding of the interconnectedness of economic policies and social outcomes, and the impact on our democracy.

Again, in an era where public trust in leadership is waning, Governor Soludo exemplifies integrity and accountability. His prudent fiscal management in Anambra State offers an exemplary model in transparency and efficiency. By prioritizing locally-made products, Soludo not only supports Nigerian industries but also fosters a sense of national pride and self-reliance. His administration’s fiscal discipline, avoiding excessive borrowing, demonstrates a responsible approach to governance that prioritizes long-term stability over short-term gains. Little wonder, Anambra State under his leadership has been rated one of the top 5 fiscally sustainable states in Nigeria, according to BudgIT.

One of the defining characteristics of Governor Soludo is his unwavering political will to implement bold reforms. His tenure so far as Anambra State’s governor is marked by decisive actions that, while sometimes unpopular, are necessary for sustainable progress. At the risk of repetition, Soludo’s stance against needless borrowing to fund government activities is a courageous deviation from the norm, reflecting his long-term vision for financial independence and economic sovereignty. His leadership style is characterised by a fearless pursuit of policies that ensure a resilient and self-sufficient economy.

As Nigeria grapples with multifaceted challenges, the need for future perceptive leaders and profound thinkers like Professor Charles Soludo has never been more apparent. His blend of academic excellence, practical governance experience, and compassionate leadership positions him uniquely as a statesman capable of steering Nigeria towards a prosperous future. Soludo’s vision for a sustainable democracy and a thriving free market economy offers a blueprint for national recovery and growth. His emphasis on prudent spending, local patronage, social security, ethical reset and fiscal responsibility encapsulates the principles of good governance.

Of course, Nigeria has no shortage of brilliant thinkers and economists diagnosing its woes. But the nation is desperately short on statesmen willing to walk the difficult path of reform and restructuring rather than taking the easy road of corruption and deficits. In Governor Soludo, Nigeria may have found a future leader with both extraordinary intellect and the fortitude to transform his ideas into reality through hard work and political vision.

At times of low morale when citizens need inspiration, Soludo also shows that he is a leader who doesn’t give up. Hear him: “I am an incredible optimist in the potential greatness of this blessed country. That’s essentially why I have persisted in public service and applied for my current job. I believe in the infinite possibilities and opportunities that Nigeria presents. Our youthful population, if unleashed, will definitely conquer the world and the 22nd Century will be Nigeria’s century.”

As Nigeria looks to the future, it should hold up Governor Soludo as a model for the type of transformative yet principled leadership it needs to achieve sustainable democracy wedded to free market prosperity. An accomplished scholar and public servant, Soludo represents hope that Nigeria can rise to its full economic potential by finally having a combination of a brilliant economic diagnosis, empathetic leadership, self-sacrificing prudence, boldness of action and the pragmatic prescription to cure what ails it.

Christian Aburime is the Press Secretary to Governor Soludo.

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Supreme Court judgment: Wabara-led BoT takes charge of PDP, directs staff to resume at Wadata House

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Following Thursday’s ruling of the Supreme Court, the Board of Trustees of the Peoples Democratic Party, PDP, has assumed effective charge and is expected to appoint a new caretaker committee to pilot affairs of the party.

The apex court had in its ruling, upheld judgements of the Federal high court and the court of Appeal which invalidated the November 2025 Ibadan convention as well as the expulsion of some members of the party including Sam Anyanwu and others.

By the ruling, all actions taken by the faction led by FCT Minister, Nyesom Wike, have become null and void, including the March Abuja conversation and appointment of a caretaker committee. This is in view of the fact that most of the members of the committee were among those expelled by the party.

Following the Thursday ruling by the Supreme Court, leaders and stakeholders of the PDP including governors, senators, reps members and others met in Abuja Thursday night where board of Trustees of the party took effective charge of affairs, in accordance with the party’s constitution.

Subsequently, Chairman of PDP BoT, Senator Adolphus Wabara, said the board has assumed leadership of the opposition party.

Wabara, in a statement, said the board would convene an emergency meeting of the PDP National Executive Committee(m (NEC), to appoint an interim executive to take charge of the affairs of the party.

The BoT statement reads, “It is with the utmost sense of duty and responsibility that the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) assumes leadership of our great party today, Thursday, 30th April, 2026 pursuant to the empowering provisions of the Constitution of the PDP (As amended in 2017).

“This constitutional intervention of the BoT is so as not to allow any leadership vacuum at the national level of our party following judgment of the Supreme Court.

“Sadly, the Supreme Court, today delivered an unpleasant judgment against our party in which it pronounced an invalidation of the 15th to 16th November 2025 National Convention of the PDP held in Ibadan, Oyo State, which produced the Kabiru Tanimu Turaki-led National Working Committee of our Party.

“While the Supreme Court invalidated the Ibadan Convention, it also in a unanimous decision of the five justices on the panel, upheld the suspension of Senator Samuel Anyanwu, Hon. Umar Bature, Kamaldeen Ajibade as National Secretary, National Organizing Secretary and National Legal Adviser respectively from the Party.

“The implication of today’s judgment by the Supreme Court is that all actions taken by Senator Samuel Anyanwu, Hon. Umar Bature and Barr. Kamaldeen Ajibade including the appointment of Abdulrahman Mohammed as Acting National Chairman, the composition of the National Caretaker Working Committee and the conduct and outcome of the March 29th, 2026 Convention in Abuja are illegal, null and ab initio void.

“The consequential invalidation of both the Abdulrahman Mohammed-led as well as the Kabiru Tanimu Turaki-led Working Committees directly places the statutory onus of leadership of our great party on the shoulders of the Board of Trustees (BoT) as the Second Highest Organ of the Party, pursuant to the express and unambiguous provision of Section 32 (5) of the PDP Constitution (as amended in 2017).

“Against this backdrop, the BoT hereby immediately assumes responsibility of the national working leadership of the PDP as immediate constitutional remedial steps to foster genuine reconciliation, salvage, stabilize and return the party to good political health.”

Wabara added that “in the light of the foregoing an emergency meeting of the National Executive Committee (NEC), pursuant to the provisions of Section 31 of the Constitution of the PDP will be summoned to, among other things, appoint an Interim National Working Committee to take charge of the National Secretariat of our Party and pilot the affairs of the Party at the national level so as to meet all the timeline in the Electoral Act, 2026 and ensure that the PDP fields candidates and also emerged victorious in all elective positions in the 2027 general elections.

“Consequently, all staff of the PDP are hereby directed to resume at the National Secretariat of the Party under the leadership of the BoT ahead of the appointment of the Interim National Working Committee.

“The BoT commends the courage, effort and resilience of our governors, Governor Bala Mohammed and Governor Seyi Makinde, the National Assembly caucus, the National Ex-officios, the Forum of PDP State Chairmen and State chapters, the Youth and Women Wings and other organs and bodies in the PDP for standing strong for the party at this trying time.

“The BoT therefore calls on all leaders and members of the party to jettison all personal and group interests and come together as one family in the overall interest of our Party, democracy and the wellbeing of millions of Nigerians whose hope are anchored on the PDP.

“The PDP has suffered enough; the painful victims of this unfortunate episode is the Nigerian people. The time has therefore come for us to make sacrifices, sheathe our swords and embrace genuine reconciliations for lasting peace and chart a new course for our party. “

 

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Reasons AGF wants INEC to deregister ADC, others

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The Attorney General of the Federation and Minister of Justice, has urged the Federal High Court in Abuja to compel the Independent National Electoral Commission (INEC) to deregister five political parties, arguing that their continued existence violates constitutional provisions and undermines Nigeria’s electoral integrity.

In court filings, the Attorney General contended that unless the court intervenes, INEC would “continue to act in breach of its constitutional duty” by retaining parties that have failed to meet the minimum requirements prescribed by law.

The filing stressed that the right to associate as a political party is not absolute and must be exercised within constitutional limits. It further argued that it is in the interest of justice for the court to grant the reliefs sought by the plaintiffs.

The suit, marked FHC/ABJ/CS/2637/2026 and filed at the Abuja Judicial Division of the Federal High Court, lists the Incorporated Trustees of the National Forum of Former Legislators as the plaintiff.

The defendants include INEC as the first defendant and the Attorney General of the Federation as the second defendant, alongside five political parties: African Democratic Congress (ADC), Action Alliance (AA), Action Peoples Party (APP), Accord (A), and Zenith Labour Party (ZLP).

At the center of the issue in the case is whether INEC has a constitutional obligation to remove parties that fail to meet electoral performance thresholds set out in Section 225A of the 1999 Constitution (as amended) and reinforced by the Electoral Act 2022 and INEC’s own regulations.

The plaintiffs argue that the affected parties have persistently failed to satisfy the constitutional benchmarks required to retain their registration. These include winning at least 25 per cent of votes in a state during a presidential election or securing at least one elective seat at the national, state or local government level.

They contend that the parties performed poorly in the 2023 general elections and subsequent by-elections, failing to win seats across key tiers of government, yet continue to be recognised by INEC as eligible political platforms.

The plaintiffs maintain that this continued recognition is unlawful and undermines the integrity of Nigeria’s electoral system.

In the affidavit supporting the suit, the forum’s national coordinator, Igbokwe Raphael Nnanna, states that allowing parties that have not met constitutional requirements to remain on the register “is unconstitutional, illegal and a violation” of the governing legal framework.

The suit asks the court to declare that INEC is duty-bound to deregister such parties and to compel the commission to do so before preparations for the 2027 elections advance further.

Beyond declaratory reliefs, the plaintiffs are also seeking far-reaching orders that would bar the affected parties from participating in the next general elections or engaging in political activities such as campaigns, rallies and primaries. They further request injunctions restraining INEC from recognising or dealing with the parties in any official capacity unless and until they comply strictly with constitutional provisions.

Central to the plaintiffs’ argument is their interpretation of the law as imposing a mandatory duty on INEC. They argue that the use of the word “shall” in the Constitution leaves no room for discretion once a party fails to meet the stipulated thresholds.

In their written address, they rely on statutory provisions and judicial precedents to contend that electoral performance is an objective condition that must be enforced to maintain discipline, transparency, and accountability in the political system.

Attorney General backs plaintiff

In a notice filed pursuant to Order 15 Rule 1 of the Federal High Court (Civil Procedure) Rules, 2019, the Attorney General, who is a defendant in the suit, formally admitted the plaintiff’s case to the extent of his constitutional responsibilities.

He maintained that, as the chief law officer of the federation, he is duty-bound to defend and uphold the Constitution, including ensuring compliance with the Electoral Act and other laws governing elections in Nigeria.

The filing emphasised that the Attorney General’s role extends beyond litigation to preventive oversight, ensuring that laws are faithfully implemented to maintain public confidence in the electoral process. It described the case as a public interest litigation aimed at safeguarding democratic integrity and promoting constitutional observance.

According to the document, the Attorney General argued that citizens, including the plaintiff group, have the right to challenge constitutional breaches, particularly where electoral processes are concerned. He added that supporting such litigation aligns with his dual role as both a defender of the state and an advocate for citizens’ rights.

The submission also highlighted the broader implications of non-compliance by political parties. It argued that the continued existence of parties that fail to meet constitutional thresholds contributes to ballot congestion, increases the cost of election administration, and undermines the intent of Section 225A of the 1999 Constitution (as amended), which empowers INEC to deregister underperforming parties.

The plaintiff further contended that INEC has no residual discretion to retain parties that do not satisfy the constitutional criteria, insisting that failure to deregister them constitutes a continuing breach of constitutional duty. The suit warned that such inaction could be challenged through public interest litigation, as is the case before the court.

Additionally, the filing noted that the plaintiff, comprising former legislators, possesses the requisite standing to institute the action, having been directly involved in the enactment and oversight of Nigeria’s constitutional and electoral framework.

The Attorney General also underscored the importance of access to justice, arguing that his support for the suit would help bridge gaps faced by citizens seeking to enforce constitutional rights. He maintained that collaboration between government institutions and civic actors is essential to strengthening legal literacy, accountability, and democratic participation.

The Attorney General of the Federation is represented in the suit by a team of lawyers led by Prof. J. O. Olatoke, SAN, alongside O. J. David, U. O. Olufadi, D. O. Bamidele, V. D. Maiye, Waheed Abdulraheem and A. K. Abdulmumin, all of whom signed the court filing before the Federal High Court in Abuja.

 

 

 

 

 

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NHRC condemns extrajudicial killing by police in Delta community

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….The Commission wants IGP to address use of excessive force by police

 

The Executive Secretary of the National Human Rights Commission (NHRC), Dr. Tony Ojukwu OFR, SAN, has strongly condemned the alleged extrajudicial killing of a 28-year-old Nigerian, Mene Ogidi, by a police officer, ASP Nuhu Usman, on April 26, 2026, in Efurun, Uvwie Local Government Area of Delta State.

In a statement issued in Abuja, Dr. Ojukwu described the incident as “deeply disturbing and a direct assault on human dignity, the Constitution of the Federal Republic of Nigeria, and the rule of law.”

He stressed that no Nigerian should lose their life at the hands of those sworn to protect them, reiterating that every life matters and must be protected.

According to him, “the reported action of the officer involved is condemnable, unacceptable, and completely inconsistent with the principles of justice and a civilized society.”

The statement which was signed by Hajia Fatimah Agwai Mohammed, Director, Corporate Affairs and External Linkages, quoted Ojukwu to have expressed grave concern over the recurring incidents of excessive use of force by law enforcement officers and called on the Nigeria Police Force to take urgent and decisive steps to address the issue.

He specifically urged the police authorities to subject officers deployed on special duties to periodic mental and psychological evaluations to ensure they are fit to carry arms and engage with civilians responsibly.

Dr. Ojukwu further called for the immediate disciplinary action against ASP Nuhu Usman in line with extant laws and police regulations.

He also emphasized the need for the Nigeria Police Force to fully implement the recommendations of the Commission’s Panel on Police Brutality as a necessary step toward meaningful reform and prevention of future violations.
“The Commission demands immediate arrest and a transparent investigation into the incident, dismissal of the officer involved, and swift prosecution in accordance with the law.

We hereby call for adequate compensation and justice for the family of the victim,” he stated.

He warned that justice delayed only deepens public distrust in state institutions and undermines confidence in law enforcement.

The Executive Secretary assured that the NHRC will continue to monitor the case closely and will persist in its advocacy for accountability, justice, and the protection of the fundamental rights of all Nigerians.
“Nigeria must never normalize brutality. Justice must speak louder than silence,” he concluded.

 

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