• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, June 29, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Ndume’s position on Tinubu is self serving blackmail-IMPI

Ndume

The Matters Press by The Matters Press
July 15, 2024
Reading Time: 3 mins read
0
Ndume’s position on Tinubu is self serving blackmail-IMPI

The Independent Media and Policy Initiative (IMPI) has described the position of Senate Whip Senator Ali Ndume on President Bola Tinubu and his administration as a self-serving blackmail to whip up public sentiment.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Ndume had recently described the administration as a kakistocracy but the policy analysis group said the Senate Whip’s comment was not fact-based.

In a policy statement signed by its Chairman Niyi Akinsiju on Monday in Abuja, the policy analysis group argued that policies and programmes introduced by the government since assuming office have been well thoughtout contrary to what Ndume had been saying in the media.

The statement reads in part: “When such an individual launches an advocacy purportedly on redeeming governance to serve the purpose of the mass of the people, it is natural to question the populist undertone of such manoeuvres.

“It is in this context that we situate the recent outburst of Senate Chief Whip, Senator Ali Ndume against President Bola Ahmed Tinubu and his administration on sundry issues of state, chief of which is that the President lacks a quality team of people working with and for him. And that he (President) had become unapproachable even by his own cabinet members and by extension, influential state officials like himself.

“In this particular case, our opinion is that Ndume’s grumpiness as expressed during a live television interview is not only self-serving but a subterranean blackmail which politicians of his ilk have become adept at deploying when they desire to manipulate the public to side with their narrow objectives.

“As a body of analysts, we acknowledge Nigeria’s state of precariousness in, perhaps, all segments of its existence, but we are of the candid belief that to mitigate the impact of the array of challenges arising from this precarious state, senior officials of state and other critical stakeholders must individually and collectively commit to sterilising emotions and base sentiments in favour of issues and policies in ways that enlightens rather than being vitriolic.

“So we wonder what exact purpose the Senator desired to serve when he declared during the television interview that people are hungry but the President was not aware of it. We consider that quite obtuse and a typical manoeuvre of playing to the gallery.

“In four public announcements over the course of the past 12 months, President Tinubu had variously sought the understanding of Nigerians concerning the impact of his policies and promised implementation of various intervening measures, the latest being the removal of taxes and tariffs on food items to be imported into the country during the pendency of a 150-day state of emergency on food affordability in the country.”

IMPI also made allusions to the positive outcome of some of the policy thrust of the Tinubu administration.

“Even as there are expressed misgivings on the depreciation of the Naira, it has turned out that the policy of harmonization of the foreign exchange windows is generating profit for manufacturing concerns in the country.

“The weaker naira has tripled manufacturers’ export sales in the first three months of 2024. The latest financial statements of Unilever Nigeria Plc, Nestlé Nigeria Plc, Okomu Oil Palm Plc and Dangote Cement Plc show that their combined revenue from exports surged by 201.1 percent to N387.2 billion in the period, the highest in at least nine years.

“That’s up from N128.6 billion in the first quarter of 2023 when their export revenue rose by 41.2 percent. Further findings from the companies’ statements show that Nestlé recorded the highest growth in exports of 275 percent to N964 million in Q1 from N257 million in the same period of 2023 followed by Dangote Cement with 201.7 percent to N381.3 billion. Okomu Oil Palm and Unilever’s own increased by 194.4 percent and 62.7 percent respectively.

“This development is a positive one for the country as it creates an opportunity for manufacturers to get more naira to source for more foreign exchange needed for production.

“Relatedly, on year-on-year count, foreign capital inflows into the country rose by 198.1 percent from $1.13 billion recorded in Q1 of 2023. This is because the harmonization of the foreign exchange rate market, clearance of forex backlogs, naira devaluation, and high interest rates had sent positive signals to investors and influenced investments within the quarter.”

The group also urged public officials to use their privileged position to build advocacy around government policies rather than playing to the gallery.

Tags: Ndume
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Senate probes $3.5b with NNPC

Removal of Ali Ndume as Senate Whip, Good Riddance -TDF

Tanzania, Australia firms sign $667m deal to mine rare earths

Mining firm advises Nigerians to investment in lithium

Recommended Stories

Consumer commission, CBN, EFCC investigate violations in money lending

CBN retains MPR at 11.5%

January 25, 2022
Hyundai advises banks on electric cars credit facilities in Nigeria

Hyundai advises banks on electric cars credit facilities in Nigeria

July 3, 2023
NNPC makes N203bn from products sale in July

NNPC makes N203bn from products sale in July

December 25, 2021

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us