Economy
Nigeria Must Amend Existing Electoral Laws, To Inspire Confidence
Nigeria Must Amend Existing Electoral Laws, To Inspire Confidence
Nigeria must amend existing electoral laws, To inspire confidence. The feature in a democracy that allows a president-elect or governor-elect to be sworn into office despite unresolved court challenges would overstretch logic anywhere.
Nigeria’s electoral laws need fixing. Granted, there is no perfect human law anywhere, but since modern societies institute laws to regulate their affairs, determined democracies all over the world routinely adjust their laws, especially those that directly impact the overall well-being of citizens, to reflect the dynamism of human societies.
By so doing, existing lacunae in their laws are fixed for the good of citizens. Sadly, it is hardly so in Nigeria, where any lacunae in the extant laws are usually manipulated by politicians for ulterior motives.
Take the constitutional provisions, for instance, as they apply to the assumption of office of a newly elected president or governor. The provisions enable certain peculiarities, which cast a serious question mark on the country’s democratic credentials.
Its overall impact on governance is such that even those who choose aloofness in political matters cannot ignore it. Viewed dispassionately, the only conclusion it would elicit is that it diminishes the country’s democratic credentials. Yet, that reality seldom triggers any agitation for a change in the laws that permit it.
The very feature in a democracy that allows a president-elect or governor-elect to be sworn into office and assume unfettered executive powers, notwithstanding that their election is still being challenged in the courts by their co-contesters, would overstretch logic anywhere. Yet, the 1999 Federal Republic of Nigeria Constitution may have unwittingly endorsed the feature by not specifically providing otherwise.
By the provision of section 132 subsection two of the Constitution, “An election to the [office of the president] shall be held on a date not earlier than sixty days and not later than thirty days before the expiration of the term of office of the last holder of that office.”
The leeway provided by the Constitution as the country’s grundnorm, by not barring the assumption of office pending a legal challenge of a presidential or gubernatorial election, is all the unscrupulous politicians need to justify the practice.
Otherwise, if politicians were driven by altruism, they would have long sought to amend the referenced provision, given its glaring drawback, to afford every contestant a level playing field.
Beginning May 29, 1999, when the Fourth Republic was birthed with the swearing-in of Olusegun Obasanjo as president, the date has conventionally become the commencement date for the tenure of the president and state governors.
Hence, a four-year tenure is reckoned, with May 29 as the starting and ending point for the presidents and governors, except for a few states where different dates operate, owing to court judgments that nullified governors’ elections after the May 29 swearing-in date.
From a constitutional standpoint, 30 days before the expiration of presidential tenure on May 29 is April 29. That is the date beyond which an election to the president’s office cannot validly hold. A 30-day period is enough for all activities or ceremonies to usher in a new administration.
But hardly any election in Nigeria is devoid of court challenge, which invariably drags on for a period much longer than the constitutionally-provided 30-day period that precedes the presidential swearing-in. This situation forces a fait accompli on the country to swear in the president-elect even while cases against his election are still pending in the courts.
The Constitution further provides under section 285: 21 days after the declaration of results by the Independent National Electoral Commission (INEC), a dissatisfied candidate is mandated to file their petition against the declared winner – (subsection (5), and the court of first instance (election tribunal) is mandated to deliver its judgment 180 days therefrom – subsection (6).
Then, where there is an appeal against a decision of an election tribunal, the appellate judgment must be delivered within 60 days of the tribunal judgment – subsection (7). Despite these timelines, the declared winner will assume office and take control of all the levers of presidential power as provided in the Constitution.
On assumption of office, the declared winner who has transformed as president would make appointments at his pleasure, and most often, to enable him to exercise such power, he would equally terminate existing appointments.
With the president fully in charge of national affairs, including managing finances, even the defence of the suits challenging his election is financed from the federal government’s coffers. Meanwhile, his challengers are unduly disadvantaged as they bear the enormous financial responsibility of prosecuting their cases.
It is not rocket science that an appointee usually owes loyalty to the appointment maker. Such appointees would ordinarily reciprocate by deploying all means to ensure the continuity of the incumbent’s office and concomitantly safeguard their appointments. The situation denies a level playing field to the challengers of electoral victors.
Which Nigerian politician will not go to any extent to retain the power he has tasted, not least presidential powers? Certainly not in a system that operates with a scant attempt at masking the impression that institutions can be corruptively manipulated or influenced to achieve a purpose.
Being aware that such an uneven playing field awaits every contestant, it has continually been the case that electioneering in Nigeria evokes the biblical scenario of the violence taking it by force.
The historical experience that demonstrates the insuperability of getting a presidential election nullified and a sworn-in president sacked gives election manipulators the fiendish confidence to deploy unimaginable violence to ensure that they are declared winner. When that goal is achieved, the declared loser is dared to go to court. In Nigeria, being so dared is a derisive way of expressing the futility of the recourse to the challenger.
Indeed, it has never happened that a presidential election was nullified or overturned by a court in Nigeria. Yet, it cannot be the case that the declared winner of every presidential election won.
Curiously, as glaring as it is that the system encourages and rewards electoral cheaters, and despite its resultant dent on the integrity of the electoral process, public discourses hardly centre on the anomaly, unless during the period immediately following the declaration of election results.
It is not expected that the beneficiaries of a flawed system would be at the forefront of agitations to change it, but what about the electorate who are unjustly denied the true result of elections? Many may have given up on the electoral system with the attitude that votes do not count. But such an attitude can only wreak incalculable havoc on the democratic process.

Power In Health Sector
It assaults the very essence of democracy for a candidate whose election is being disputed to sit comfortably in office and deploy the resources and machineries of the state to counter his challengers. The constitutional provision that allows such should elicit citizens’ outrage and galvanise them to demand its adjustment.
Therefore, a reform of the electoral system is direly needed, producing only a president that, once sworn-in, would not be encumbered by any uncertainty about the continuity of his office.
Against this background, it has become compelling that the relevant sections of the Constitution be amended to eliminate all incongruities.
The president that will emerge from the next general elections in 2027 should be one whose four-year tenure is devoid of the possibility of judicial nullification.
That possibility can only be guaranteed if the Constitution provides enough time for elections to hold and the petitions emanating therefrom are disposed of before swearing in.
Having reckoned 180 days and 60 days as adequate to do so from the tribunal through the appellate court, the litigation processes should accommodate the exact number of days before swearing-in. In other words, the presidential election has to occur mandatorily no later than 240 days to May 29.
Onyema Omenuwa is an Abuja-based legal practitioner.
Economy
FG Inaugurates PenCom Board, Tasks Members On Protection Of Pension Assets
FG Inaugurates PenCom Board, Tasks Members On Protection Of Pension Assets
The Federal Government has inaugurated the Board of the National Pension Commission, reinforcing its commitment to transparency, accountability, and the protection of over ₦28 trillion in pension assets.
Speaking at the ceremony, the SGF, Senator (Dr.) George Akume, charged members to uphold strong corporate governance while maintaining a clear boundary between oversight and management.

PenCom
The Board, led by Chairman Agbaje Opeyemi Olukayode, pledged to safeguard contributors’ funds and support national development, while the Director-General Omolola Oloworaran reaffirmed commitment to collaboration in delivering secure and timely retirement benefits for Nigerians.
Economy
SEC Sign MoU With NYSC To Fight Ponzi Schemes
SEC Sign MoU With NYSC To Fight Ponzi Schemes
SEC sign MoU with NYSC to fight Ponzi schemes. The initiative was designed to sensitise young Nigerians to the risks of fraudulent investment schemes and promote sound, legitimate investment practices.
The Securities and Exchange Commission and National Youth Service Corps have signed a memorandum of understanding to establish a community development service group focused on investment education for corps members.
The initiative was designed to sensitise young Nigerians to the risks of fraudulent investment schemes and promote sound, legitimate investment practices.
According to a statement by the SEC on Sunday, the MoU was recently signed by its director-general, Emomotimi Agama and NYSC director-general, Olakunle Nafiu.
It was also meant to promote financial literacy and sound investment habits among young Nigerians.
In addition, the collaboration will help equip corps members with essential knowledge and skills to identify and avoid Ponzi schemes and other illegal investment practices.
It will also help enhance public awareness campaigns against illegal financial schemes across all LGAs in the country, among other objectives.
“Based on the scope of the collaboration, SEC shall develop and provide relevant and up-to-date educational content, materials, and training modules on capital market operations, safe investment practices, and the identification and avoidance of Ponzi schemes.
“SEC will also be responsible for the content, resources and funding of training sessions for selected corps members and NYSC supervisors who will serve as trainers and facilitators in their respective communities.

SEC
“On its part, the NYSC shall facilitate the integration of anti-Ponzi scheme education into its Education and Enlightenment CDS programme. This may involve dedicated sessions, workshops, or awareness campaigns during orientation camps and throughout the service year,” said the statement.
The parties shall collaborate on joint awareness campaigns, utilising various channels and platforms, including social media, traditional media, and community outreach, to disseminate information on safe investment and expose fraudulent schemes.
Economy
Persistent Grid Collapse, Weak Power Supply Worsening Economic Hardship: Oyintiloye
Persistent Grid Collapse, Weak Power Supply Worsening Economic Hardship: Oyintiloye
Speaking with journalists on Sunday in Osogbo, Oyintiloye said the situation had continued to deteriorate despite assurances and reforms introduced by authorities.
He described unreliable electricity as a major setback to the federal government’s reforms in the power sector.
He appealed to President Bola Tinubu to urgently intervene, noting that poor power supply is worsening economic hardship across the country.
Oyintiloye said the poor supply has compounded the effects of the current heatwave, making living conditions more difficult for many Nigerians.
The former lawmaker called for the constitution of a panel to investigate recurring national grid collapses and persistent supply challenges despite significant investments.
“It is a terrible situation across Nigeria with persistent poor power supply,” he said.
“Many small-scale businesses and large industrial players are affected, while most homes cannot boast of even three hours of electricity supply daily for domestic use.
“Despite numerous reforms and promises, the national grid continues to collapse. The situation is now compounded by gas supply shortages, weak transmission infrastructure, and chronic underinvestment across the power value chain.
“Nigerians are groaning, and urgent action must be taken by the Minister of Power, Adebayo Adelabu, and his team. The situation cannot continue like this.”
Oyintiloye warned that the situation has already triggered protests in parts of the country and could escalate if not addressed promptly.
“The situation must be quickly addressed before it becomes a national embarrassment. Nigerians need to be informed whether the issue is due to structural failure or sabotage within the power sector,” he said.

Electricity
“This epileptic power supply has led to a series of peaceful protests nationwide. I appeal for the President’s intervention before these protests turn violent.
“Electricity is essential for households and the survival of businesses. Since the end of last year, there has been no stable power supply across the country, despite assurances by those in charge and huge investments in the sector.
“Poor power supply should not be added to the challenges Nigerians are currently facing. The high cost of fuel has also made it difficult for those relying on generators to cope.”
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