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Has fuel, gas price come down to N87? FCT civil servants reject NBS report on recession

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For days, Gbenga Odunsi, a journalist, toured five of the federal ministries in Abuja, spending time with civil servants over the NBS report that Nigeria is officially out of recession. His findings show that majority of the civil servants do not believe the report. Nigerians wants to feel the NBS statistics in their stomach before they believe. Those who believed it explained that it will take time before Nigerians can feel it, Gbenga writes.

The news of Nigeria’s exit from recession did not only come as a shock but also generated much controversy. While many are of the opinion that the recession is still hitting hard in the economy, others say it’s a past story.

Official results from the National Bureau of Statistics (NBS) had shown that the economy grew at 0.55 per cent in the second quarter (Q2) of 2017, effectively removing Nigeria out of recession.

The statistics office attributes the economic recovery to the performance of four main economic activities comprising oil, agriculture, manufacturing and trade.

The Nigerian economy slipped into recession in early 2016.

This news had struck many Nigerians leaving them in doubt of the NBS report. In separate interviews, the journalist spoke with some civil servants in the nation’s city capital and got divergent views.

Reactions

When asked if he was happy that the country had journeyed out of recession, Tunde Bankole, a staff of ministry of information simply smiled and stood up from his black leather office chair, looked out through the window, and sat back on his chair.

With a sad face, Tunde queried that if Nigerians who lost their jobs during the recession period get their jobs back, and the high prices of commodities drop down to the pre-recession prices, then Nigeria is truly out of recession, but is the reverse is the case, then the NBS statistics is a hoax.

“Does this translate to all or a greater percentage of people who lost their jobs gaining it back? Does this translate to prices of commodities in the market dropping drastically?

“Does this translate to improved standard of living for the Nigerian populace? Does this translate to businesses bouncing back?

“If no, then those things are mere figures that are not in tandem with reality”.

When Ijebu garri is the yardstick for measuring recession

In his opinion, Jide Akintunde, an administrative officer at the ministry of education, lamented that the exit from recession has not shown in the prices of foodstuffs.

“So, leaving recession was just in the paper, we haven’t seen it in real life.

“Let the prices of Ijebu garri and bag of rice come down so we can really say recession is over”, he added.

Time factor

However, Ndubisi Julien, a public affairs analyst at ministry of finance felt excited to respond to the journalist.  “This is the type of question I like to answer” she said.

She commended the Buhari-led administration for leading the country out of the worst economic recession, adding that Nigerians may not necessarily feel the impact of the exit immediately.

Ndubisi lamented that Nigerians are ignorant of the way recession and its exit works, adding that people use the word without in-depth knowledge of its operations.

“It is obvious Nigerians don’t know what recession is all about, they have only been using the term because they heard it on TV/radio.

“Most of them think exiting recession mean a drop-in price of garri.

“Once the economic variables stabilize, it will start reflecting in the lives of the people, although it may take time but we are getting there”, she concluded.

Ndubisi however urged Nigerians to exercise patience till October before they start feeling the new waves of the post-recession period.

Revving the engine of his Toyota Camry at the ministry’s parking lot, obviously on his way out, Gerald Lawrence, an account at the ministry of health commended the Vice President, Prof. Yemi Osinbajo for his efforts in stabilizing the economy of the country while President Buhari was away on his medical trip to London.

Lawrence further explained that it will take some time for the development to reflect on the lives of Nigerians, adding that prices hardly drops down when it goes up in Nigeria.

“Good development, truth be told, Osinbajo contributed a lot to improving the economy, but it is still Buhari’s administration that gave Osinbajo – a technocrat- the opportunity to so.

“It will however take some time for the development to reflect in the life of the average Nigerian especially considering the fact that anything that goes up in Nigeria never comes down”.

Some have accepted fate

boredom is killing me, ye eh eh
boredom is killing me, ye eh eh
pour me holy water make i find my square root
emi o s’ere
ko s’ina, ko s’omi
economy yi ti fe so mi di were…

sugbon, emi o ni je k’economy kill mi oh
ma jo, ma yo
economy no go give me heart attack oh
ma jo, ma yo
economy no go give me high blood pressure oh
ma jo, ma yo…Economy song by 9ice

This was the song Prince Olalekan Ibrahim, communications officer at the ministry of transportation, was playing on his android phone when the journalist approached him.

Dressed in a white native wear, guinea material to be specific, Olalekan paid much attention to his laptop, while singing the 9ice ‘Economy’ song at the same time.

When asked of his opinion on the NBS report that Nigeria is out of recession, Olalekan asked the journalist to give him few minutes to round off his work – it was almost closing hour.

Responding to the question, Olalekan explained he does not worry himself with issues bothering around Nigeria and its economic state. He noted that the APC-led administration is not concerned whether an average Nigerian feeds well or not.

The 9ice fan further noted that he has decided to make himself happy no matter what happens in Nigeria as it is obvious the government doesn’t care about its citizens.

He lamented on the report by NBS describing it as politically motivated scheme to make Nigerian believe the Buhari administration is working.

“Now answer me, what are the physical indices that shows we are out of recession? Prices of essential commodities rose to the ceiling level and that was the beginning of recession in Nigeria

“Now they are telling us that recession is over- the question is, has those prices come down?

“Has fuel/gas price come down to N87?

“Has people who lost their jobs been reinstated?”

“Has the foreign exchange returned to where Buhari and his government met it in 2015? Olalekan queried.

“Until all these are reversed, you can come out to say Nigeria is out of recession. If you dare me, then go to Wuse market and say this and see if you will not be beaten to pulp”, Olalekan added.

Sometimes, you just don’t know the source of some people’s anger

“Why did they make Lai Mohammed the government spokesperson”

This was the answer that welcomed the journalist’s question when he asked Paul Iredia, a staff at the ministry of industry, trade and investment his position on the NBS report.

Iredia, a middle-aged man with grey hairs on his head fumed and responded with anger over APC-led administration and their economic policies. It took the grace of God for the young journalist to escape
“slaps” from the obviously anti-Buhari civil servant.

“This same government told us Boko haram has been defeated but we still hear of boko haram attacks in the Northeast

“How many people ate meat this morning?

“Where did they get the statistics from, market or office?

Iredia lamented over how Buhari-led government plunged the country into recession. He explained that at the 4th quarter of 2015, the economy was flourishing fine but by the 1st quarter of 2016, the economy was languishing.

Knowing fully well that the journalist wasn’t comfortable with his outburst, Iredia calmed down a bit and concluded by saying “we need to see the effect of the statistics on our tables before we can rightly say we have exited the recession”.

When a Muslim quotes verses from the Bible

Umar Mohammed, an administrator at the ministry of environment was quick to liken Nigerians with the Israelites, explaining that when Moses was leading the Israelites of out Egypt to the promise land, they were faced with numerous difficulties on their way.

While in Egypt, they were convinced God really sent Moses to deliver them from the wicked hands of king Pharaoh. Following the difficulties they encountered, they the Israelites demanded that Moses return them back to Egypt – This is how Nigerians are behaving, Umar said.

“When NBS declared that Nigeria has entered recession with facts and data to back it up, everyone accepted, even the government in power accepted the fact. Nigerians did not call it a campaign. The government accepted the fact and accepted responsibility and promised to improve the economy.

“Now the same NBS that declared recession has said we are out of it with data to back up their facts but some elements have decided to play politics with it and are now saying it is a lie and that it was politically motivated.

“Everyone is now talking as if manna were falling down from heaven prior to the recession period.

“Atiku is saying food must be on the table of every Nigeria for us to believe we are truly out of recession as if during the pre-recession period, everyone was eating 3-square meal.

“Every Nigerian is now acting like we had constant electricity, good road, potable water, good and consistent health care, good education system, until recession came and scattered everything.

“Funny enough, when NBS declared recession, nobody demanded for all these explanations, we all accepted the fact, now Nigerians are demanding explanation of how the country exited recession”, he concluded.

 

 

 

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National Issues

OLOJO FESTIVAL: Nigeria bigger than all of us, Ooni tells politicians

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Monarch begins seven-day seclusion, prays for peace, unity

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has urged Nigerian politicians to put the interest of the country above their political differences, saying Nigeria is bigger than any individual or political interest.

The monarch spoke on Sunday shortly before commencing a seven-day spiritual seclusion ahead of the 2026 Olojo Festival in Ile-Ife, Osun State.

The annual seclusion is part of the traditional rites preceding the Olojo Festival, one of the major cultural celebrations associated with Ile-Ife and the Yoruba people.

The Ooni, who is also the Co-Chairman of the National Council of Traditional Rulers of Nigeria, said his period in seclusion would be devoted to prayers for Nigeria, particularly for peace, unity and sustainable development.

“I am appealing to our politicians. They might have differences, but we should know ultimately that Nigeria is bigger than all of us,” the monarch said.

“It is very important for our political leaders to always look inwardly on how to better the lot of the average Nigerians.”

The Ooni urged political leaders to avoid words and actions capable of threatening national cohesion, reminding them that political power was temporary.

“Some have ruled this country before as political leaders, and others will come after them,” he said.

He said his prayers would also cover Nigeria’s democratic process, particularly as the country prepares for the next general elections.

The monarch commended President Bola Tinubu over what he described as non-interference in the activities of the Independent National Electoral Commission, saying such a practice could strengthen public confidence in the electoral process.

He also commended Osun residents for participating in the recently concluded governorship election, saying the outcome demonstrated the ability of citizens to determine their leaders through the ballot.

According to him, Nigerians should continue to have the opportunity to freely choose their leaders without actions capable of undermining the democratic process.

The Ooni’s seven-day seclusion, which began on Sunday evening, will also provide him with an opportunity to prepare spiritually for the sacred rites of the Olojo Festival and deepen his connection with the ancestors.

The exercise precedes the annual wearing of the sacred Aare Crown, one of the major highlights of the festival.

A statement by the Senior Media Officer of the Ooni’s Palace, Sodiq Lawal, issued on behalf of the Director of Media and Public Affairs, Otunba Moses Olafare, said the seclusion marked the beginning of the spiritual phase of the 2026 Olojo Festival.

The festival celebrates Ile-Ife’s indigenous traditions and ancestral heritage and attracts traditional rulers, cultural enthusiasts, visitors and members of the Yoruba diaspora.

The public ceremonies are expected to follow the spiritual rites and culminate in the Ooni’s emergence in the sacred crown.

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Tinubu vows intelligence-led rescue of abducted Oyo pupils, teachers

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President Bola Tinubu on Monday assured residents of Oyo State that ongoing efforts to rescue abducted pupils and teachers in Oriire Local Government Area would be intelligence-driven, coordinated and sustained.

The President said the Federal Government would deploy every lawful means, including kinetic and non-kinetic measures, to ensure the safe return of the victims abducted during the May 15, 2026 attack in Esiele and Yawota communities.

“Our rescue efforts will be intelligence-led, careful, coordinated, and sustained. We will deploy every lawful tool available, both kinetic and non-kinetic, to ensure our children and teachers are safely returned home,” Tinubu stated in a statement posted on his X handle on Monday.

The President also expressed sorrow over the killing of a school teacher during the abduction and extended condolences to his wife, Mrs Mary Oyedokun, and the bereaved family.

“I also extend my deepest condolences to Mrs Mary Oyedokun, the wife of the late school teacher and her family. Their sacrifice will not be forgotten, and his family will not be abandoned,” he said.

Tinubu stressed that children should never be exposed to the trauma of abduction, noting that no parent should endure the pain associated with such incidents.

“No child should be taken from the safety of a classroom. No parent should have to endure this anguish,” the President added.

He assured affected communities that efforts to secure the release of the abducted pupils and teachers would remain sustained and intelligence-driven.

The statement comes amid growing concerns over insecurity in schools and rural communities following the abduction, which prompted the Federal Government to dispatch a high-powered delegation to the affected communities in Oriire Local Government Area.

The delegation included the Chief of Staff to the President, Femi Gbajabiamila; the National Security Adviser, Nuhu Ribadu; the Minister of Defence; and the Inspector-General of Police, Kayode Egbetokun, alongside other senior government and security officials.

Tinubu further disclosed that he had approved additional security measures, including the deployment of a specialised security unit equipped with advanced rescue capabilities to intensify efforts towards the safe return of the victims.

“I have also directed the deployment of a specialised security unit with advanced rescue capabilities to intensify efforts to secure the safe return of the abducted pupils and teachers,” he stated.

The President also revealed that the Federal Government, in collaboration with the Oyo State Government, was mobilising 1,000 forest guards to improve surveillance in forest corridors frequently exploited by criminal elements.

According to him, the initiative would be complemented by broader operational measures aimed at strengthening rescue operations and preventing future attacks.

Tinubu added that a request for the establishment of a military base in the affected area was receiving urgent consideration as part of efforts to bolster security.

Authorities have continued rescue operations amid rising concerns over the safety of schools and rural settlements, insisting that efforts remain focused on securing the release of the abducted victims and preventing a recurrence.

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48 alleged terror financiers named by FG {SEE FULL LIST}

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The Federal Government, on Saturday, published a list of 48 individuals and entities allegedly linked to terrorism financing in Nigeria, naming suspects with reported ties to outlawed groups including the Indigenous People of Biafra, Ansaru, and the Islamic State West Africa Province.

The list was released by the Nigeria Sanctions Committee as part of intensified efforts to disrupt financial networks sustaining terrorist activities across the country.

In a statement accompanying the publication, the committee said the designation of the individuals and organisations was in line with Nigeria’s legal and international obligations to combat terrorism financing.

“The Nigeria Sanctions Committee has approved the designation of the following individuals and entities for their alleged involvement in terrorism financing,” the statement read.

It added, “The action is pursuant to relevant laws and regulations aimed at identifying and freezing assets of persons and organisations linked to terrorist activities.”

The committee explained that the move was targeted at dismantling the financial backbone of insurgent and extremist groups operating within and beyond Nigeria’s borders.

Among those listed are individuals reportedly associated with the Indigenous People of Biafra, a proscribed separatist group; Ansaru, a faction linked to Al-Qaeda; and the Islamic State West Africa Province, one of the most active terrorist groups in the region.

Security experts have repeatedly stressed that cutting off funding sources remains a critical strategy in weakening terrorist operations.

Speaking on the development, a senior government official familiar with the process said the publication sends a strong signal about Nigeria’s resolve to confront terrorism at its roots.

“This is not just about naming names; it is about choking the financial lifelines of terror networks. Once funding is disrupted, their operational capacity is significantly weakened,” the source said.

The committee further noted that relevant authorities and financial institutions have been directed to take necessary steps in enforcing sanctions, including the identification and freezing of assets linked to the designated persons and entities.

“The public is also advised to remain vigilant and report suspicious financial activities to appropriate authorities,” the statement added.

The Federal Government reiterated its commitment to safeguarding national security, insisting that individuals or groups found culpable would face the full weight of the law.

As of the time of filing this report, detailed breakdowns of the sanctions and timelines for enforcement were yet to be made public.

 

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