Democratic Socialist Movement

For Struggle, Solidarity and Socialism in Nigeria

By - DSM

OSUN GOVERNORSHIP ELECTION: SPN thank all our supporters

OSUN GOVERNORSHIP ELECTION: SPN thank all our supporters Nothing has changed, No Difference between APC and PDP The Socialist Party of Nigeria (SPN), Osun State wishes to appreciate all our members, supporters and those who voted for the party and its candidate, Barrister Alfred Adegoke, in the now inconclusive Governorship Election in Osun State that held on 22nd September, 2018.

By - DSM

REFUSE CRISIS IN LAGOS

REFUSE CRISIS IN LAGOS By Chinedu Bosah The refuse crisis in Lagos lingers as the government has shown obvious incapacity to resolve the problem. It is now common to see refuse heaps in many places, waste bins of many residents are not picked for weeks creating a health hazard The crisis deepened when Visionscape Sanitations Solutions, (a private company) was

By - DSM

Youth Restiveness in Ajegunle and Lagos at Large!

Youth Restiveness in Ajegunle and Lagos at Large! By Lexan Ali There is an escalating crisis of the growing youth unrest, violent criminality, communal clashes, cult and gang wars and killings going on in Ajegunle, Agege, Lagos Island, Orile and many other communities in Lagos state. More recently, the crises between youths in Layinka and Olumoku, two neighbouring communities in

By - DSM

ERC SUPPORTS ASUU’S STRUGGLE FOR A PROPERLY FUNDED, QUALITY PUBLIC EDUCATION IN NIGERIA

ERC SUPPORTS ASUU’S STRUGGLE FOR A PROPERLY FUNDED, QUALITY PUBLIC EDUCATION IN NIGERIA Calls for a United Struggle of Students and education workers By Wole Olubanji National Mobilisation Officer, ERC The Education Rights Campaign (ERC) fully supports the current indefinite strike action embarked upon by the Academic Staff Union of Universities (ASUU). We believe that the failure of the Nigerian

By - DSM

STRUGGLE PAYS: OAU Authorities Reinstate Omole Ibukun and 3 other Suspended Students’ Activists

STRUGGLE PAYS: OAU Authorities Reinstate Omole Ibukun and 3 other Suspended Students’ Activists We demand a halt to all attacks on democratic rights and restoration of independent unionism By Wole Olubanji National Mobilisation Officer, ERC The authorities of Obafemi Awolowo University (OAU) have reinstated the studentship of Omole Ibukun, national secretary of the Education Rights Campaign (ERC) a platform of

By - DSM

UNEMPLOYMENT CRISIS: Only a Socialist Programme of Planned, Nationalised Economy can Stamp out Unemp

UNEMPLOYMENT CRISIS: Only a Socialist Programme of Planned, Nationalised Economy can Stamp out Unemployment and Industrialise Nigeria By Wole Olabanji Engels As at the moment of writing this piece, the National Bureau of Statistics (NBS) has not updated its data to reflect the current rate of unemployment or underemployment in the country. However, in an interview with Sunday Tribune of

By - DSM

SOOT CRISIS IN RIVERS STATE: Failure of the Capitalist Government and the Exploitation of the Oil Co

SOOT CRISIS IN RIVERS STATE: Failure of the Capitalist Government and the Exploitation of the Oil Companies By Daniel Akande According to reports, while residents of River States nay the Niger Delta region have helplessly become used to multiple oil spills which have damaged livelihoods and farmlands, they are currently facing a new kind of danger which is soot, black

By - DSM

US: Midterm Elections Weakens Republicans

US: Midterm Elections Weakens Republicans By Tom Cream, Socialist Alternative, US The midterm elections in the U.S. represented a limited “blue wave” and an overall rejection of Trump by the electorate. Republicans were relieved their losses weren’t worse while many progressive workers and youth were disappointed the outcome wasn’t more decisive. It came in the wake of an election campaign

By - DSM

CHINA INVESTMENT IN AFRICA: Is China helping Africa?

CHINA INVESTMENT IN AFRICA: Is China helping Africa? By Chinedu Bosah Chinese President Xi Jinping announced at the 2018 China-Africa Cooperation Forum that $60 billion will be offered to African countries in aid and loans to enable it speed up development. Many bourgeois commentators and unfortunately some trade union activists have hailed China as being magnanimous. It is not true

By - DSM

FIVE YEARS AFTER: Privatisation of the power sector in Nigeria has deepened inefficiency and widespr

FIVE YEARS AFTER: Privatisation of the power sector in Nigeria has deepened inefficiency and widespread darkness By Chinedu Bosah, Coordinator, CARE Fundamentally, there was no justification for the privatization of the power sector. In all ramifications, privatization has failed. We must understand that the private power companies acquired 60% shares of the generating and distributive power infrastructure that was worth

By - DSM

THE FAILURE OF SKYE BANK IS ROOTED IN THE CORRUPT CAPITALIST SYSTEM

THE FAILURE OF SKYE BANK IS ROOTED IN THE CORRUPT CAPITALIST SYSTEM By Damilare Etti On the 21st of September, 2018, the Central bank of Nigeria (CBN) revoked the operating license of Skye bank (the eighth largest bank in the country) for failing to meet the regulatory capital and liquidity thresholds. A bridge bank, Polaris was established to assume both

By - DSM

NIGERIA: Economic Recovery is Fragile as Another Crisis Looms

NIGERIA: Economic Recovery is Fragile as Another Crisis Looms Workers and the Masses Must be prepared to Resist Capitalist Attacks By Peluola Adewale Moody’s, a credit rating agency, describes Nigeria’s recovery as currently “slow and sturdy” following its exit from recession in the third quarter of the 2017. Truly, there are some statistical indications to buttress this assertion. Though, the

By - DSM

MINIMUM WAGE: N30, 000 New Minimum Wage Signed by Tripartite Committee is Payable!

MINIMUM WAGE: N30, 000 New Minimum Wage Signed by Tripartite Committee is Payable! Labour and workers must be prepared for a protracted struggle for enactment and implementation of the new minimum wage By Abbey Trotsky After over three years of foot-dragging and several relentless struggles of the Nigerian workers, the tripartite committee on minimum wage was compelled on November 5,

By - DSM

2019 ELECTIONS: Support SPN Financially and Politically

2019 ELECTIONS: Support SPN Financially and Politically A large section of Nigerians went into 2015 elections with huge illusions in Buhari and APC’s ability to resolve the woe of the 16 years of the PDP government. But the last 3 years have seen a mass disillusionment in the Buhari government as the conditions of the masses have become worse. The

By - DSM

2019 GENERAL ELECTION: NEITHER APC NOR PDP!

2019 GENERAL ELECTION: NEITHER APC NOR PDP! Only Candidates standing on Pro-masses and Socialist Programmes can make a Difference By H.T. Soweto Barring any unforeseen circumstances, Nigeria shall hold new general elections between February and March in the year 2019. This would be the sixth general elections since the dawn of the current civil rule in 1999. But more significant