….Lt Gen. Lagbaja still Indisposed. 
With a huge cloudy of uncertainties currently surrounding the state of health of the Chief of Army Staff (COAS), Lt. General Taoreed Abiodun Lagbaja, the Commander-in-Chief of the Armed Forces, Asiwaju Bola Ahmed Tinubu has appointed Major General Olufemi Olatubosun Oluyede as hold forth for him pending his arrival.

According to Bayo Onanuga, Special Adviser Information and Strategy to President Bola Ahmed Tinubu, the 56-year-old Major General Oluyede, however, will act in the position pending the return of the indisposed substantive Chief of Army Staff, Lt. General Lagbaja.
Until his appointment, Oluyede served as the 56th Commander of the elite Infantry Corps of the Nigerian Army, based in Jaji, Kaduna.
Oluyede and Lagbaja were coursemates and members of the 39th Regular Course.
He was commissioned a second lieutenant in 1992, effective from 1987. He rose to Major-General in September 2020.
Oluyede has held many commands since his commissioning as an officer. He was Platoon Commander and adjutant at 65 Battalion, Company Commander at 177 Guards Battalion, Staff Officer Guards Brigade, Commandant Amphibious Training School.
General Oluyede participated in several operations, including the Economic Community of West African States Monitoring Group (ECOMOG) Mission in Liberia, Operation HARMONY IV in Bakassi, and Operation HADIN KAI in the North East theatre of operations, where he commanded 27 Task Force Brigade.
Oluyede has earned many honours for his meritorious service in various fields of operations. These include the Corps Medal of Honour, the Grand Service Star, Passing the Staff Course, and Membership in the National Institute.
Others are the Field Command Medal, the Field Command Medal of Honour, and the Field Training Medal.
Oluyede also received the coveted Chief of Army Staff Commendation Award.
He is married and has three children.

The President, Bola Ahmed Tinubu got cranky late Friday (9 June, 2023). He has been working at breathtaking speed all week long. He had held strategic meetings, focusing mainly on how to resurge the flailing economy. He summoned the Security Chiefs to the Presidential Conference Room in Aso Rock to look also at the worrisome state of insecurity in the country. He surely means business.

His task is well defined. He too blurted out at the inaugural dinner later in the day after the swearing-I ceremonies: “Please do not pity me”. He is focus on revving up the economy, stem the dangerous tide of insecurity across the country, bring the spiralling inflation and bring back the laughter and smiles to the faces of the over two hundred million traumatized Nigerians. 

He pledged defiantly at an interactive session with the Royal Fathers under the aegis of the National Council of Traditional Rulers of Nigeria (NCTRN) at the Aso Villa, Friday (9 June) that “any roadblock in the way of the progress of the Nigerian people would be removed by his government”.

The President for the umpteenth time justified the removal of fuel subsidy, saying that the country cannot continue feeding smugglers and acting as Father Christmas to neighbouring countries, saying “the decision to remove fuel subsidy, improve security, create jobs, and sustain the environment”.

In between all these, he was able to squeezed in time to meet the newly elected  parliamentarians, both at the Upper and Lower Chambers of the National Assembly, to moderate boiling tempers over the zoning of the Principal Officers of the National Assembly. Behold the hurricane Asiwaju is on the prowl.

After the meeting with the newly elected parliamentarians, Hon. Amobi Godwin Ogah, a newly elected Labour Party member to represent Isiukwuato/Umunneochi Federal Constituency, Abia State, was aghast. He could not hide his admiration for the President. He told newsmen: “I never knew Tinubu is so intelligent” 

He went further: “This Is my President,  Today is my best day. After listening to him speak today. President Asiwaju Bola Ahmed Tinubu is so intelligent and is prepared to serve this country. I saw the love and hope today”

The President’s avowed determination to frontally combat and crush the twin issues of poverty and insecurity holding down the country by the jugulars. He surely meant business. This crusade he had started with the inaugural address to the nation. He had simply declared: “Now that the subsidy is gone”. He also went further to vowed that that he intended to unify the exchange rate.

The reverberating effects of that simple declarations quickly resonated across the four poles holding the country. it simply jerked everybody up from their lethargy. He had since met with both the Governor of the Central Bank of Nigeria, (CBN), Emmanuel Emefiele and the Managing Director of the NNPCL PLC, Mele Kyari to discuss modalities for achieving these targets.

However, it is not hyperbolic to state that Nigeria’s economy is on the edge of the precipice, if not down there already. This trend, the newly inaugurated President Tinubu fully takes cognizance of in his inaugural address to the nation. The need to revamp the economy is urgent, and pressing. He has started the revamping by halting further subsidies of fuel, a move that have trigger multi-dimensional responses across the country.

Part of the President first step was the call on the members of the European Union to assist Nigeria and Africa in strengthening its security and economic development to alleviate poverty in the continent. The President spoke during a telephone conversation with the President of the European Council, Mr. Charles Michel.

According to President Tinubu, Nigeria and the whole of Africa would require the help and partnership of her friends and development partners like the EU to address the excruciating poverty in the continent.

 While requesting the EU to look at specific areas of security challenge like the Lake Chad and coastal areas, the Nigerian leader promised to remain in contact with the European Union and other member states.

 He said poverty and insecurity were priority areas for his administration and he would do all that is required to address them.

Also, the President has expressly directed the National Economic Council (NEC) led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on the Nigerians.

The Nigerian National Petroleum Company (NNPCL) confirmed in Lagos during the week that “once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the Corporation will cut down on its imports of Premium Motor Spirit, popularly called petrol”.

NNPCL is currently the sole importer of petrol into Nigeria, a task which it had shouldered for several years. Other oil marketers stopped importing the product due to their inability to access the United States dollars at the official rate.

The NNPCL also owned 20 per cent stake in the Dangote Refinery. The 650,000 barrels per day single line, crude oil processing refinery was inaugurated on May 22, 2023 by former President, Muhammadu Buhari, who described the facility as a “game-changer” in the World’s oil market.

The promoter, Aliko Dangote stated at the occasion that the refinery would start delivering refined products to the Nigerian market from late July or Early August this year.

When contacted by our correspondent and asked about what would happen to the NNPCL fuel imports programme once the Dangote Refinery began to push out products in August, the national oil firm’s spokesperson, Garba-Deen Muhammad, said emphatically that this would change.

According to him, “NNPC Limited is bringing in products from outside Nigeria as a matter of necessity, not as a matter of choice. We would have preferred that we produce here, refine here and we sell and provide the energy security that the country needs.

“Because of the circumstances that surround our refineries, we cannot allow the country to be grounded. So we have to buy wherever we can get and sell. So if Dangote products are available, why should we not buy from Dangote?

“There is absolutely no reason. And that is the reason why we are interested in the Dangote Refinery. We are co-owners, shouldn’t we do business with our partners rather than do it with other people?”

While President Tinubu faces these hydra-headed demons head-on, certainly heads must roll. There must be scape goats from the mess of the past. After days of speculation, the hammer eventually fell on the CBN Governor, Emefiele Friday (9 June, 2023). The man was on his seat all day, held meetings and closed for the long weekend, Monday (June 12, 2023) being a public holiday, was headed for home. He had hardly settled down when he heard the news of his immediate suspension. 

According to a terse press statement by Willie Bassey, Director of Information Office, of the Secretary to the Government of the Federation (SGF), Emefiele was directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms. 

The suspension, according to the statement is “sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy”. 

But in a dramatic twist, minutes after his suspension as CBN Governor, the state secret police (DSS) was alleged to have him. He was said to have been arrested by the men of the DSS late  Friday. 

But prior to CBN’s suspension, the DSS, on December 7, 2022, in an exparte application with reference no: FHC/ABJ/CS/2255/2022, sought an order of the Federal High Court to effect his arrest.

The security agency had accused the embattled CBN Governor of financing terrorism, fraudulent activities and economic crimes of national security dimension.

The Chief Judge of the Federal High Court, Justice J. T Tsoho, however, refused to grant the application of the DSS. The court said such an application should have been accompanied with the presidential approval because of the grave implications for the Nigerian economy if the CBN governor is arrested and detained. But late Friday, he was sent on indefinite suspension and then the arrest.

But on Saturday (10 June, 2023), the service tweet that “currently, Emefiele is not with the DSS”.

While the CBN’s Governor unfolds on, there are also strong speculations about the safety of the job of the Chief Executive Officer of the NNPCL, Mele Kyari at the weekend. It was speculated that the President intended to clean the old rot and refocus and reposition the economy, especially the financial and oil sector.

Later Saturday afternoon the Service released another tweet confirming the arrest of the CBN Governor. 

According to the Service, the DSS has finally confirmed that the suspended CBN Governor, Godwin Emefiele is now in their custody.

A tweet from the agency reads: “…DSS hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria, is now in its custody for some investigative reasons.

Meanwhile www.focusmagazineonline.com investigations across the country revealed that in less than a fortnight after putting an end into the fuel subsidy regime, reports across the country indicate a mixed reaction by the generality of the people. 

The major hope is that once the Dangote Refinery starts production late July or early August, prices of fuel is expected drastically since there wont be need for US dollars exchange in transactions any longer.

© www.focusmagazineonline.com 2023

Fellow Nigerians,

2. It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military dictatorship to a representative government of the people.
3. The abortion, by military fiat, of the decisive victory of Chief Moshood Kashimawo Olawale Abiola of the defunct Social Democratic Party (SDP) in the June 12, 1993, presidential election, up to that time, the fairest and freest election in the country’s political evolution, turned out, ironically, to be the seed that germinated into the prolonged struggle that gave birth to the democracy we currently enjoy since 1999.
4. In rising to strongly oppose the arbitrary annulment of the will of the majority of Nigerians as expressed in that historic election, the substantial number of our people who participated in the struggle to de-annul the election signified their fierce commitment to enthroning democracy as a form of government that best ennobles the liberty, the dignity of the individual and the integrity as well as the stability of the polity. The fierce opposition to the annulment of the June 12, 1993 presidential election and the unrelenting pro-democracy onslaught it unleashed was the equivalent of the battle against colonial rule by our founding fathers that resulted in the gaining of Nigeria’s independence in 1960.
5. Just like the anti-colonial movement, the pro-June 12 vanguard demonstrated, once again, the enduring validity of the 19th century historian, Arnold Toynbee’s eternal postulation, that civilization and societies experience progress as they are forced to respond to challenges posed by the environment. The unjust annulment of a widely acknowledged free and fair election was a challenge that elicited resistance by a resurgent civil society, leading ultimately to the attainment of our ‘second independence’ as exemplified by the return of democratic governance in 1999.
6. Fellow compatriots, we celebrate a day that has remained a watershed in our nation’s history, not just today, but for every June 12, for the endless future that our beloved country shall exist and wax stronger and stronger, generations of Nigerians will always remind themselves that the democracy that is steadily growing to become the defining essence of our polity was not gifted to us on a silver platter.
7. We can easily recall the sacrifice and martyrdom of Chief MKO Abiola, the custodian of the sacred mandate that was so cruelly annulled. He sacrificed his life in unyielding, patriotic defence of the ideals of democracy as symbolized in his choice, by his fellow countrymen and women, as their duly-elected President. There was an easier choice for him. It was to forgo the justice of his cause and opt for the path of ease and capitulation in the face of the tyranny of power. To his eternal credit and immortal glory, Abiola said no. He demonstrated the time-tested eternal truth that there are certain ideals and principles that are far more valuable than life itself.
8. Everyday, on this day, down the ages we will recall the several other heroes of democracy such as Kudirat Abiola, wife of Chief Abiola, who was brutally murdered while in the trenches fighting on the side of the people. We remember Pa Alfred Rewane, one of the heroes of our independence struggle and Major General Shehu Musa Yar’Adua (rtd) who were silenced by the military junta while in pursuit of democracy. They gave their yesterday for the liberty that is ours today.
9. The point is that we must never take this democracy for granted. We must forever jealously guard and protect it like a precious jewel. For, a people can never truly appreciate the freedoms and rights democracy guarantees them until they lose it.
10. We have traversed the dark, thorny path of dictatorship before and those who experienced it can readily testify to the unbridgeable gap between the dignity of freedom and the humiliation and degradation of tyranny. True, rancorous debates, interminable wrangling, ceaseless quarrels, bitter electoral contestations may be perceived by some as unattractive features of democracy. But they also testify to its merit and value.
11. This year, we held the seventh in the cycle of elections that have become sacred rituals of our democratic practice in this dispensation since 1999.

12. That the polls were intensely contested is in itself positive evidence that democracy is well and alive in our land. It is only natural that even as those who won and experienced victory in the various elections are elated and fulfilled, those who lost are disenchanted and disappointed. But the beauty of democracy is that those who win today can lose tomorrow and those who lose today will have an opportunity to compete and win in the next round of elections.
13. Those who cannot endure and accept the pain of defeat in elections do not deserve the joy of victory when it is their turn to triumph. Above all, those who disagree with the outcome of the elections are taking full advantage of the constitutional provisions to seek redress in court and that is one of the reasons why democracy is still the best form of government invented by man.
14. For Chief MKO Abiola, the symbol of this day, in whose memory June 12 became a national holiday, democracy is eternal.
15. It is about rule of law and vibrant judiciary that can be trusted to deliver justice and strengthen institutions. It has become imperative to state here that the unnecessary illegal orders used to truncate or abridge democracy will no longer be tolerated.
16. The recent harmonization of the retirement age for judicial officers is meant to strengthen the rule of law, which is a critical pillar of democracy. The reform has just started.
17. The democracy that will yield right dividends to the people who are the shareholders means more than just freedom of choice and right to get people into elective offices. It means social and economic justice for our people. To the winner of June 12, democracy offers the best chance to fight and eliminate poverty. Thirty years ago, he christened his campaign manifesto, ‘Farewell to Poverty’ because he was convinced that there is nothing divine about poverty. It is a man-made problem that can be eliminated with clearly thought out social and economic policies.
18. It is for this reason that, in my inauguration address on May 29, I gave effect to the decision taken by my predecessor-in-office to remove the fuel subsidy albatross and free up for collective use the much-needed resources, which had hitherto been pocketed by a few rich. I admit that the decision will impose extra burden on the masses of our people. I feel your pain. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements.
19. Painfully, I have asked you, my compatriots, to sacrifice a little more for the survival of our country. For your trust and belief in us, I assure you that your sacrifice shall not be in vain. The government I lead will repay you through massive investment in transportation infrastructure, education, regular power supply, healthcare and other public utilities that will improve the quality of lives.
20. The democracy MKO Abiola died for is one that promotes the welfare of the people over personal interests of the ruling class and one where the governed can find personal fulfillment and happiness. That is the hope MKO Abiola ignited throughout our country in 1993.
21. On this year’s Democracy Day, I enjoin us all to rededicate ourselves to strengthening this form of government of free peoples that has been our guiding light these past 24 years. In particular, those of us who have been privileged to be elected into public offices at various levels in both the executive and legislative arms of government must recommit ourselves to offering selfless service to the people, and delivering concrete democracy dividends in accordance with our electoral promises.
22. On my part and that of my administration, I pledge anew our commitment to diligently fulfilling every component of our electoral pact with the people – the ‘Renewed Hope’ agenda.
23. We shall be faithful to truth. Faithful to equity. And faithful to justice. We shall exercise our authority and mandate to govern with fairness, respect for the rule of law, and commitment to always uphold the dignity of all our people.
24. On this note, I wish us all a happy Democracy Day celebration and pray that the light of liberty shall never be extinguished in our land.
25. Thank you all and may God continue to bless the Federal Republic of Nigeria.