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FG’s Spending Of 97% Of Nation’s Revenue On Debt Servicing Worrisome – NCFront

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Following media report that 97 per cent of revenue generated by the Nigerian government between January and May 2020 was spent on debt servicing, the youth wing of the pan-Nigeria political movement, NCFront has cried out over the mortgaging of the well-being and future of Nigerian Youths by the government’s non discretionary debt servicing and penchant for loan taking.

In a statement issued on Friday by NCFront Youth Wing and signed by Head of its Youths Relations Bureau, Mr Jude Feranmi, the NCFront Youths expressed worry that the government is again on the verge of borrowing to incur another round of interests on loans, pointing out that the unfortunate economic situation, where the country has been plunged, should be enough reason for the long-suffering youths of NIgeria to join hands with the National Consultative Front, NCFront to rescue their future by demanding a real change in government policies that reinforce their sufferings through misappropriation of Nigeria’s common patrimony.

It will be recalled a national daily reported on Thursday that the 2021 budget call circular published by the Budget Office disclosed that the federal government generated a total revenue of N1.62trillion out of the N2.62 trillion projected for between January and May 2020, and that within the five months, N1.58 trillion, representing 97.5 percent of the N1.62trillion generated, was expended on debt servicing.

“Again with the International Monetary Fund, IMF, projecting that debt servicing will gulp all revenues in Nigeria in 2020, and a possible fiscal deficit of 5.1trillion is envisaged in 2021, NCFront is compelled to disagree with government’s resort to imposing ridiculous taxes and charges over already impoverished Nigerians, who are currently pauperised by callous policies of government and unconscionable looting of the treasury by public officials”.

The NCFront youths also wondered why the government is still unable to block revenue leakages within Nigeria’s economic system and make judicious use of accruable funds at its disposal instead of having the Transportation minister, Rotimi Amaechi exercising fears about China not approving Nigeria’s loan requests if the National Assembly continues with its ongoing probe of the loan agreements between country and China.

The NCFront Youth Wing regretted that despite the fact that the youths have a greater stake in the repayment of the outlandish loans, the impact of public borrowings among the youth demography is as critical as the distress brought upon them by the appalling funding and budgetary allocations received by education sector which has continually foisted industrial actions on the sector as a regular occurrence. Amaechi

“A large percentage of the country’s economy is still largely informal – more than 70 percent, however the government has chosen to overtax the youths who set up a majority of the SMEs trying to make ends meet within Nigeria’s failing economy. Today, we suffer and tomorrow is not assured as we are presently being shortchanged by debt that has to be repaid by us”.

The Leader of the NCFront Youths therefore called on the young populace to urgently rise and take back their country as done in other climes, urging them to team up with NCFront to rescue and create a New Nigeria We have to begin to engage the foundational political structure of our country that guarantees zero incentives for citizens to grow and function optimally.”

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MCE, June 12 Democracy Movement Issue Communique On ‘Agenda For Valuable Nigeria’

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The Movement for Credible Elections, MCE, in collaboration with the June 12 Democracy Movement of Nigeria, has issued a communique following its Democracy Anniversary Dialogue held Friday, 12 June, 2026, at Lagos Airport Hotel, Ikeja.

The event, attended by political leaders, pro-democracy groups, civil society, labour, women and youth leaders, began with tributes at the MKO Abiola Democracy Centre before the main dialogue.

The communique which was read on behalf of the group by erudite Lawyer, Dr. Tunji Abayomi, noted that Nigeria’s current challenges are not limited to electoral mistrust, insecurity, poverty, and loss of national faith

The participants resolved on immediate measures to include electoral reform. They said that urgent review of the Electoral Act 2026 by the National Assembly is germane to ensure a credible process before the 2027 elections, so as to reflect the will of the people.

Also, they advocated that there is need for accountability, that the government must manage national resources responsibly, prioritising welfare, security, and well-being of citizens.

On Security the duo said that the government must take decisive, community-based action to end the siege of terrorism and banditry without delay, stressing on the need for food security. They added that concrete steps must be taken to address low agricultural productivity and growing food insecurity.

The group recommended some fundamental measures, stressing that the 1999 Constitution was imposed by the military without a mandate to make a constitution. It called on the National Assembly to initiate legislation enabling Nigerians to give themselves a democratic constitution.

For immediate action they recommended the formation of an ideological think tank of pro-democracy actors, to be set up to rally stakeholders and the public toward actualising the resolutions.

Participants urged Nigerians to unite around a vision for a great nation and work collectively to solve its problems, emphasising Nigeria’s potential as the most significant black nation in the world.

Those that signed the communique include Dr. Tunji Abayomi, Comrade Solomon Dalung, Prof Sadiq Abubakar Umar Gombe, Prof Mrs Remi Sonaiya, Mr. Emeka Ugwu-Oju, Comrade Olusegun Mayegun, Dr. Tanko Yunusa and Veteran Olawale Okunniyi.

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Protect Vulnerable Benue People From Persistent Attacks, Pope Leo XIV Tells FG

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Pope Leo XIV and the Bishop of Makurdi catholic diocese, Wilfred Anagbe, has called on the federal government to protect vulnerable people in Benue State from persistent attacks.

He made the call during the unveiling of a 14-foot memorial wall to commemorate the 1st anniversary of those killed in Yelewata on June 13th 2025.

In a message read by the Bishop, Pope Leo XIV assures the people of Yelewata of sustained prayers as leaders across political lines demanding workability solutions to the killings in Benue state

The one-year memorial wall monument built and commissioned by American missionaries led by Judd Saul, who also donated relief materials consisting of food and non-food items, is part of the global efforts to address attacks on vulnerable communities across Nigeria.

A total of 271 people, including 66 Children, 83 women, and 122 men, who were killed, have their names engraved on the memorial wall.

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Mbeki credits Abdulsalami with fast‑tracking Nigeria’s 1999 democracy

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Former South African President Thabo Mbeki has credited former Nigerian Head of State General Abdulsalami Alhaji Abubakar with fast‑tracking Nigeria’s return to democracy in 1999, describing the speed and integrity of the 1998–1999 transition as an exceptional act of statesmanship that reshaped Nigeria and set a benchmark for Africa.

Speaking virtually at the public launch of three books honouring General Abdulsalami on the eve of his 84th birthday, Mbeki said the retired general’s decision to commit to an 11‑month transition after assuming power in June 1998 was not just prudent politics but a decisive break from the pattern of prolonged military rule that had long plagued the continent.


Mbeki highlighted the chaotic circumstances that brought Abdulsalami to power following the sudden death of former Head of State General Sani Abacha on 8 June 1998.

“Following his appointment as head of state by the Provisional Ruling Council, he recognized the urgent need for stability and democratic governance and hence chose to commit to a short transition period,” Mbeki said.

Unlike many military leaders who consolidate power, Mbeki argued, Abdulsalami’s response was defined by restraint and national interest:
“His response to the political uncertainties that followed the sudden demise of General Sani Abacha… demonstrated great wisdom, foresight, and statesmanship.”

He said Abdulsalami “placed the interests of his country first and overcame the temptation and allure of power.”

Mbeki described how Abdulsalami, within days of taking office, announced he would conduct elections and hand over to a civilian government within 11 months.

“By recognising this achievement, we are not only acknowledging a fact of history. But indeed also paving the way for the consolidation of our aspirations for peace and inclusive development all over our continent,” Mbeki said.

He called the 1998–1999 tenure “significant not only for its brevity, but also for the cascading impacts that it created in the history of democratic transition in Africa.”

Mbeki said the speed of the transition was matched by deliberate institutional reforms: “His administration immediately upon coming into office, set about providing [a] constitution for Nigeria along the necessary electoral and governance reforms leading to free and fair elections in 1999.

“He ensured the strengthening of institutions necessary for sustaining democratic rule in Nigeria, thereby paving the way for Nigerian civilian government,” he added.

Mbeki acknowledged the apparent contradiction in a military officer becoming a champion of democracy.
“Given some of Africa’s history since independence, it would be natural to expect that a man of his background from the military profession who rose to become general and head of state while in a soldier’s uniform would not be associated with the idea of democracy.”

He then contrasted expectation with reality: “However, the beauty lies in the fact that he performed both duties with a keen sense of justice and history, responsibility and distinction, leaving many in awe of his ability to organize a political transition in his country as quickly as he did.”

Mbeki said Abdulsalami’s conduct defied the usual pattern of military rule in Africa: “Admittedly, Africa’s history and its political evolution have been characterized by periods of military rule, of one‑party states, of authoritarianism, and protracted struggles for democratic governance.”

Yet he argued that Abdulsalami’s actions broke that cycle: “The example set by General Abdulsalami in Nigeria offers several key lessons for African leaders and institutions. His commitment to democracy, peace, and stability must stand out as his greatest legacy.”

Mbeki highlighted that the fast‑tracked transition was not a rushed exercise but one that built enduring institutions. “Without doubt, he has laid the foundation for the sustenance of the democratic ethos and card on the credibility of elections, respect for constitutional term limits, and adherence to democratic principles, which have now become the norm in Nigeria,” Mbeki said.

“The constitutional framework and electoral institutions that he helped to create still serve as the bedrocks of Nigeria’s democracy,” he said.

He noted that the transition also established a critical precedent: “He not only swiftly paved the way towards democratic governments in Nigeria, but also laid the foundation for subsequent peaceful transfers of power in Nigeria, for which not only you Nigerians, but the rest of us Africans are immensely proud.”
Mbeki framed this as a continental achievement: “By recognizing this achievement, we are not only acknowledging a fact of history. But indeed also paving the way for the consolidation of our aspirations for peace and inclusive development all over our continent.”

Mbeki insisted that the three books launched at the event are essential to preserving the narrative of Abdulsalami’s fast‑tracked 1998–1999 transition.

The publications are: Call of Duty: An Autobiography of Gen. Abdulsalami Alhaji Abubakar; Nigeria’s Grand Patriot: Gen. Abdulsalami Alhaji Abubakar; Mediating for Peace in Africa: A Festschrift in Honour of Gen. Abdulsalami Abubakar
“The three books that we’re launching today testify to the richness of the life of Abdulsalami Abubakar and his odyssey as a soldier, a husband, a father, a leader, and a statesman of global record,” Mbeki said.

He warned that without proper scholarship, history would be distorted: “The paucity of scholarship and research leaves room for discussion and misrepresentation, which leads to the adoption of wrong policies.”

“Writing books and leaving behind us correct narratives and testimonials for present and future generations matters greatly,” he said.

Mbeki saluted the authors and the general: “I therefore salute the authors of the three books being launched today, including the man of the movement, General Abdulsalami Abubakar, who has contributed a very informative autobiography, Call of Duty.”

Mbeki framed the story of the 11‑month transition as a generational lesson for African leaders and youth.
“The duty of advancing democratic transition and building peace and security in Africa must be a generational endeavor, involving present and future leaders of the continent,” he said.

“In doing so, we must imbibe the legacies of leaders like Abdulsalami and read about their lives as we find them in books such as the three that we are launching today.”

He urged that young people be taught their responsibilities: “Educating our youth and instilling in them the duties of patriotism and good conduct must entail holding up the examples of leaders like General Abdulsalami to build and perpetuate the active interests and participation of the youth.”

Mbeki also called for familiarity with continental policy instruments: “This must include familiarization of the youth with the African continental policy positions binding on all member states of the African Union… These policies are included in such important documents as the African Charter on Democracy, Elections and Governance, as well as the protocol… establishing the Peace and Security Council of the African Union.”

Mbeki concluded with a personal address to General Abdulsalami on his 84th birthday. “I congratulate my dear brother, friend and companion in Pan‑Africanism… on attaining the right age of 84,” he said.

“More than being blessed with attaining such an age, we must celebrate his lofty stature as an eminent African statesman, a global leader, an accomplished and principled soldier, a family man and a man for all seasons, who has dedicated his life to peace, to the cultivation of harmony in his country and beyond, and achieving shared development throughout Africa.”

Mbeki summed up the essence of Abdulsalami’s leadership:
“His selfless service, commitment to national unity and exemplary leadership remain a model for others to follow.”

He ended with a quote from Nelson Mandela: “Real leaders must be ready to sacrifice all for the freedom of their people. May we all remain committed to this noble perspective.”

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