US lawmaker proposes bill to allow third term for Trump
Republican Congressman Andy Ogles has proposed a constitutional amendment to allow Donald Trump to run for a third presidential term, citing his unique ability to address America’s challenges. This move would require altering the 22nd Amendment, which currently limits presidents to two terms. Ogles praised Trump’s policies, including border security and energy reforms, and criticised the Biden administration’s leadership. While Trump has jokingly entertained the idea, the amendment faces significant hurdles, including bipartisan support and approval by three-fourths of U.S. states. Read more
Athena Commentary: Proposing a third term for a U.S. president challenges democratic principles enshrined in the 22nd Amendment, which safeguards against excessive executive power. In healthier democracies, term limits encourage leadership renewal and protect institutions from being overly tied to one individual. For example, in Germany or the U.K., leaders step down after set terms or when public confidence wanes, ensuring balance and accountability. While Trump’s supporters argue for his unique leadership, strong democracies focus on systems, not personalities. Amending such laws risks setting a precedent for power consolidation, which could destabilize democratic structures in the long term. Institutions must always come first.
CBN says inflation will fall, economy to grow by 4.1% this year
The Central Bank of Nigeria (CBN) predicts inflation will decline and the economy will grow by 4.1% in 2025. Meanwhile, the Minister of Finance announced plans for periodic telecom tariff reviews. Other headlines highlight concerns over inadequate research funding, untapped talents in tertiary institutions, and local government funds being redirected to state governments instead of direct transfers. Telecom subscribers and the NCC are set to meet regarding a proposed 50% tariff hike. Read more
Athena Commentary: Nigeria’s economic growth projection of 4.1% and planned inflation control are positive, but effective implementation is critical. In better-governed economies, robust research funding drives innovation, enabling long-term growth, while Nigeria struggles with underfunded research institutions. Additionally, periodic telecom tariff reviews should prioritize affordability, as seen in countries with strong consumer protection. Local government autonomy, essential for grassroots development, is well-practiced in better nations, unlike Nigeria’s ongoing fund mismanagement.
The ‘Oyomesi’ of Lagos: Examining GAC’s grip on governance from 2007 to Obasa
The Governance Advisory Council (GAC), a powerful political body in Lagos, has been shaping the state’s leadership since its creation by Bola Ahmed Tinubu in 2007. Modeled after the Oyomesi council of the Oyo Empire, the GAC wields significant influence, often overriding governors, as seen with the ousters of former Governor Ambode and Speaker Obasa. Chaired by Prince Tajudeen Olusi, the 30-member council consists of influential politicians and elder statesmen. Read more
Athena Commentary: The dominance of Lagos’ Governance Advisory Council (GAC) highlights the influence of unelected groups in Nigerian politics, undermining democratic principles. In better-functioning democracies like the U.S. or Germany, political decisions are guided by institutions accountable to voters, ensuring transparency and checks on power. While party leadership matters globally, the GAC’s control over Lagos politics reflects a system where political godfathers overpower elected officials.
NELFUND unveils loan scheme to boost vocational skills training
NELFUND has launched the Vocational Skills Loan Initiative to help Nigerians acquire vocational training and skills. Announced on the International Day of Education, the program aligns with NELFUND’s mission to enhance educational access and affordability. It complements the Student Loan Scheme, which supports higher education with flexible repayment options. Established under President Bola Tinubu’s Access to Higher Education Act, NELFUND is responsible for managing loans and funding education through diverse revenue streams. Read more
Athena Commentary: NELFUND’s Vocational Skills Loan Initiative is a step forward for Nigeria, but its success depends on proper implementation. In better-performing countries, such schemes are well-funded, transparent, and tied to robust skill development policies. For example, Germany’s dual vocational training system combines classroom learning with hands-on work, supported by government subsidies and private sector partnerships. In contrast, Nigeria must ensure loan accessibility for all socio-economic classes and link it to industries’ needs for maximum impact.
Compiled by Ebube Blessing Chukwukaeme