Tag: BUHARI

  • Buhari meets CEOs of Dutch companies, assures on safety of investments

    President Muhammadu Buhari on Monday met with Chief Executive Officers of Dutch companies in Hague.

    He assured them of a safe and secure Nigeria, where their investments would be safe and yield handsome returns.

    A statement issued by his Special Adviser on Media and Publicity, Femi Adesina, said the President assured the CEOs of a safe and secure Nigeria, where their investments would be safe and yield handsome returns.

    He said: “Stability was the first thing in our campaigns. You have to secure a country first, before you can efficiently manage it. Before businesses can thrive, security is paramount. That is why we lay so much emphasis on securing the country.

    “After security, our next emphasis is reviving the economy, and then, fighting corruption.”

    He commended the many Dutch-owned companies operating in Nigeria for dealing fairly, noting that with many of them “the relationship dates back to more than two generations and it is now almost a blood relationship rather than commercial.”

    Urging the businesses to build factories in Nigeria, and source raw materials locally rather than wholesale import, President Buhari said he was impressed with the economic cooperation between Nigeria and Netherlands.

    On Royal Dutch Shell and the harnessing of Nigeria’s gas potentials, the President said: “We are more of a gas than petroleum producing country. We should be making more money from gas today than we make from petroleum. But the plans we made were scuttled.

    “When I was Petroleum Minister (in the 1970s) for three-and-a-quarter years, the plan we had was to have 12 LNG trains by 1983, but more than a generation later, we are just on the 7th train. This was because some people came and did just what they liked. If they knew what they were doing, we would have gone very far by now.”

     

     

  • Stop blaming Buhari for Killings, MURIC tells Nigerians

    The Muslim Rights Concern ( MURIC ) has advised Nigerians to stop blaming President Muhammadu Buhari for killings around the country.

    The group gave the advice in a statement on Monday by MURIC’s Director, Prof. Ishaq Akintola, and made available to newsmen in Ibadan.

    Akintola blamed politicians, tribal bigots and a section of the media on the spread of wrong information about killings around the country.

    “Nigerian lawmakers should take the lion share of the blame, followed by the citizens and the media.

    “They should all accept their culpability in this peculiar mess instead of blaming the executive since the latter has done what is humanly possible within the law,’’ Akintola said.

    He said it was unfair to blame Buhari for Nigeria’s inability to stop killings because security was a collective responsibility, particularly the different arms of government.

    “The executive, judiciary, legislature and the press as the fourth estate of the realm also has a vital role to play as well as the citizens.

    “The legislature, instead of cooperating with the executive, is an open enemy even in a sensitive matter like the security of lives and property.

    “As killings occur on a daily basis, Buhari made a move in April to procure more weapons to fight insecurity but the senate turned down the request.

    “National Assembly made so much fuss about Buhari’s request for $1 billion from the Consolidated Revenue Fund, threatening to impeach him for approving its release without its consent.

    “The same self-serving legislature delayed the budget for seven months just to get back at the executive and of course no money can be released before the Appropriation Act is signed into law.

    “NASS also declined to accede to Buhari’s request to approve the sum of $496 million for the procurement of Super Tucano aircraft from the United States.

    “Yet Nigerians failed in their duty to question the right of their lawmakers to endanger their lives,’’ Akintola said.

    Akintola said the recent revelation by Hon. Ahmed Maje that certain politicians sponsored killers and assassins who were trained in Israel has completely absolved President Buhari in the killings.

    MURIC urged Nigerians to adopt a holistic approach to killings occurring in the country.

    “Farmer-herder clashes are common everywhere, particularly in West Africa and Nigeria is not an isolated case but we are behaving as if Nigeria is an island.

    “Take Ghana as an example. Earlier this year, cattle rustlers invaded farmlands in Ashanti, Volta, Brong Ahafo and the Eastern regions leading to killings and the destruction of farms.

    “But Ghanaians did not crucify their president because of the clashes but solve the problem by establishing their first cattle ranch last week at Afram Plains in the eastern region. It plans to establish more in the Volta and Ashanti regions.

    “It is time to face realities. We must borrow a leaf from Ghana. That country is as multi-religious and multi-cultural as Nigeria,’’ Akintola said.

    He said herders and farmers clashes can be avoided if Nigeria objectively considers the recommendation for the establishment of ranches.

    Akintola said Ghanaian President Akufo-Addo had in March expressed his administration’s intention to establish cattle ranches to curb the menace of herders.

    “He has succeeded in doing that because Ghanaians did not look at their tribe or religion. They considered what will benefit them,’’ Akintola said.

  • Ekiti: Victory brings end to politics of rascality – Ganduje

    …Congratulates Buhari, APC, Nigerians
    Governor Abdullahi Umar Ganduje of Kano State, has congratulated President Muhammadu Buhari over the victory of All Progressives Congress (APC) in the recently announced gubernatorial election of Ekiti state, describing the victory as marking the end of ‘politics of rascality.’
    At a short briefing prior to the Executive Council meeting at Council Chamber, Government House, Kano, Gov. Ganduje emphasised that, “Our victory in the just concluded Ekiti state election marks the end of politics of rascality.”
    He said,”it is a great victory that attracts celebration, adding that, “It marks the end of politics of hate speech. It also puts a stop to the mocking of our dear President unnecessarily.”
    “Our success has beaten under the sun the so-called Reformed All Progressive Congress (R-APC). Some of them that are on the fence and those that are within but undermining our party are put to shame,” he says.
    He derided those collaborating with the enemies of the party and Nigeria to see to the destruction of the party, “…simply because our honest President Muhammadu Buhari is effectively fighting corruption for the overall development of our dear nation.
    The victory in Ekiti, according to Ganduje, has disappointed those who thought that APC was a dying party, insisting that, “APC is still very strong and a working party. They are put to shame. So they need to go back to the drawing board. Simple.”
    While congratulating President Buhari he also extended similar congratulatory message to APC leadership and other Nigerians, for what he describes as “…emancipating the state from the grip of the PDP, which caused severe underdevelopment to the state.”
    Ganduje said he was sending the congratulatory message on behalf of his government and the people of Kano state.
  • Falana to governors: meet Buhari on policing

    Lagos lawyer Femi Falana (SAN) has urged the 36 state governors to request President Muhammadu Buhari to convene  an urgent meeting of the Nigeria Police Council to deliberate on the organisation, administration and general supervision of the Police.

    He said the meeting should design strategies for effective policing of each state of the federation and the Federal Capital Territory (FCT).

    In a statement issued yesterday in Lagos, Falana said he suggested the meeting in view of the worsening security situation.

    The Lagos lawyer based his request for a meeting of the governors and Buhari on seven legal grounds.

    According to him, “The Nigeria Police Council is one of the Federal Executive Bodies established pursuant to Section 153 (1) of the Constitution of the Federal Republic of Nigeria, 1999 as amended;

    “By virtue of Paragraph L, Part 1 of the Third Schedule to the Constitution, the council is constituted by the President, the governor of each of the states of the Federations, the Chairman of the Police Service Commission and Inspector-General of Police;

    “The functions of the council include the general supervision, organisation and administration of the Nigeria Police Force and other matters relating thereto;

    “The council is also required to advise the President on the appointment of the Inspector-General of Police in accordance with section 215 (1) of the constitution.”

    Falana added: “But due to the failure of the council to hold regular meetings in line with the provisions of Section 159 of the Constitution, its functions have been performed exclusively by the Presidency since civil rule was restored in the country May, 1999;

    “Instead of insisting on  joint control and management of the Nigeria Police Force with the President as envisaged by the Constitution, the 36 state governors are currently campaigning for the establishment of State Police, thereby giving the impression that what we have in place is a Federal Government Police Force; and that

    “It is doubtful if the governors are familiar with the case of the Attorney-General of Anambra State V Attorney-General of the Federation (2005) 9 NWLR (Pt 932) 572, wherein the Supreme Court held that, “The Constitution in section 215 subsection (1) clearly gives the Governor of Anambra State the power to issue lawful direction to the Commissioner of Police, Anambra State, in connection with securing public safety and order in the state.”

    He said like majority of concerned citizens, he has watched with dismay and frustration, the unabated killing of thousands of innocent people, including children and the wanton destruction of properties by terrorists, herders, kidnappers, armed robbers and other bandits.

    “Having taken over the monopoly of violence the armed gangs have continued to unleash mayhem in various communities despite official assurance that the Federal Government is committed to the protection of the life and property of every person living in Nigeria.

    “In view of the worsening security situation in the country, I am compelled to call on the 36 state governors to request President Buhari to convene  an urgent meeting of the Nigeria Police Council to deliberate on the organisation, administration and general supervision of the Nigeria Police Force with a view to designing strategies for effective policing of each state of the federation and the FCT,” he said.

    Falana told the governors to take advantage of the proposed meeting to direct the Attorneys-General of all the states of the Federation to embark on the immediate prosecution of the hundreds of suspects that have been arrested by the combined teams of the Police and the Army for culpable homicide, kidnapping, armed robbery and arson which are state offences.

     

  • Buhari congratulates Fayemi

    President Muhammadu Buhari yesterday congratulated Dr. Kayode Fayemi for winning the Ekiti State governorship election.

    A statement by Special Adviser on Media and Publicity, Femi Adesina, quoted the President as commending the All Progressives Congress (APC) candidate and all party supporters for the hard-fought victory after a dignified campaign.

    He urged the governor-elect and APC members to be magnanimous in victory as the incoming administration prepares to unfold a new lease of life for the people of Ekiti State through purposeful and responsible governance.

    He commended the people for their peaceful conduct as they made their choice using the power of the ballot.

    President Buhari also lauded the Independent National Electoral Commission (INEC) for adequate preparations and displaying impartiality throughout the process.

    He applauded the security agencies for creating the right atmosphere for the relatively peaceful conduct of the polls and urged them to sustain the peace.

    The President praised local and international observers and monitors for their vigilance and contributions towards the relatively hitch-free exercise.

    The President urged the losers to be gallant in conceding defeat and use constitutional means to settle whatever grievances they may have rather than resort to self-help.

    President Buhari urged all stakeholders in Ekiti State to work towards a successful transition to a new administration in the higher interest of not only the State but the entire nation and its fledgling democratic experience.

    “In all this, the people of Ekiti State have spoken loud and clear, and democracy has won again,” President Buhari noted.

  • Will PDP-led coalition against Buhari work?

    In its bid to unseat President Muhammadu Buhari of the All Progressives Congress (APC) in next year’s general elections, the Peoples Democratic Party (PDP) has signed a Memorandum of Understanding (MoU) with 38 opposition parties. The Coalition of Unity Political Parties (CUPP) is coming less than seven months to the elections. Assistant Editor LEKE SALAUDEEN examines the chances of the coalition and factors that may work against it.

    LESS than seven months to the next general elections, the political arena is already witnessing a realignment of forces to confront the All Progressives Congress (APC), which is likely to field incumbent President Muhammadu Buhari. In one of such moves, the Peoples Democratic Party (PDP) has entered into an alliance with 38 political parties, under the aegis of the Coalition of Unity Political Party (CUPP), to brighten its chances against the ruling party in the 2019 general elections.

    This is not the first time Nigerians will be witnessing a political alliance. The country’s political history is replete with failed alliances and mergers. But is the CUPP likely to get it right this time around? In the view of respondents, the success or failure of the bid will depend on the way and manner the PDP and the other parties consummate the alliance. But going by previous experiences, their chances are very slim.

    For instance, former Senate Deputy Minority Leader, Senator Olorunnimbe Mamora, said there were two dominant political parties in the South in the First Republic, the Action Group (AG) and the National Council of Nigerian Citizens (NCNC), which formed a coalition known as the United Progressives Grand Alliance (UPGA) to wrestle power from the Northern People’s Congress (NPC). He said the bid failed because of personal ambitions of the leadership of the two parties.

    Mamora also recalled that in the Second Republic some progressive elements across party divides made an attempt to work together and present a common presidential candidate against former President Shehu Shagari in 1983. The coalition effort collapsed as the parties involved could not agree on a candidate. They went their separate ways and each party presented presidential candidates for the election.

    The former Senate Deputy Minority Leader said given Nigeria’s past experience on coalition for election purposes that it is not likely to work. He said: “If history is anything to go by, it won’t work. There is nothing to suggest or to believe that the new coalition (CUPP) will work this time around”. He said the approach of the actors and characters behind the coalition will not make it succeed. His words: “Their selfish interest is what is driving the coalition and not what is good for the country. They are desperately looking for a platform to win election to continue their usual business of looting.

    “The wise decision taken by the leaders of the APC at its formation stage was that they took cognisance of past experience on coalition and opted for a merger of the political groups; the legacy parties surrendered their identities and formed a new political party. But in coalition, each party still maintains its identity, independence and they talk from the point of individual party’s position. They would not consider issues from the point of what is good for the country and the people, but what will benefit them. They are so driven by the selfish agenda.”

    Besides, Mamora mentioned timing as a major factor that would work against the success of the coalition. To him, it is rather late in the day, because by August or September, the Independent National Electoral Commission (INEC) would be calling for nomination for the presidential election.

    He added: “Where is the time for the coalition to put its acts together? Unlike the case of the APC, the plan for merger started much earlier; immediately after 2011 general elections. The party was registered in 2013, almost two years ahead of 2015 elections. The party had ample time to put a structure on ground; draw up a programme and sensitise Nigerians on what it stands for.”

    A senior lawyer, Mr Emeka Ngige, said the desperation of some leaders of the coalition may not make it work and it may end up in futility. He said many of those looking for a platform to contest and win election, particularly within the PDP, would back out the moment they failed to get the presidential ticket.

    Ngige said: “I don’t know of any candidate that can match President Muhammadu Buhari in any part of the country? The coalition should come up with a credible candidate that can give Buhari a good fight. Nigerians are more enlightened; they know what is good for them. The emergence of the coalition is good for our democracy; it has reduced the number of options and it will save INEC from the pains of producing ballot papers with long list of political parties.”

    He said the emergence of the coalition would make the ruling party to wake up, to realise that its power is under threat and to improve on its performance. He called for a free and fair election to consolidate the country’s fledgling democracy.

    To Professor Ayo Olukotun, for the coalition to work, it has to overcome some hurdles on its way. He noted that the coalition is working against time, “but it doesn’t mean they cannot come up with something”.

    Olukotun who teaches Political Science at the Olabisi Onabanjo University (OOU), Ago –Iwoye, Ogun State, listed the hurdles as follow: “The conflicting ambition of several heavy weights in the coalition who will like to be president, senators and governors must be addressed; and they have to reconcile those ambitions for peace and harmony to prevail in the alliance.

    “It is not yet clear whether they will form a political party like the APC or whether each party will retain its identity. The direction they are going is not clear. Though they signed a Memorandum of Understanding, but how binding is the MoU? Are they going to merge or maintain their identities and to simply render assistance to one another?

    “Like most Nigerian political parties, there is no ideological cement that holds them together beyond the agenda of ousting Buhari in 2019.”

    Lawyer and civil rights activist, Mr Monday Ubani, said most of the key players have presidential ambition which they want to realise through the coalition. He said some of them may abandon the coalition, if they failed to get the ticket. The lawyer and human rights is not convinced that the coalition would work. He said going by history of coalition in the country, the possibility that CUPP would make a difference is very low.

    Ubani Nigerians are sceptical over the sincerity of the people behind the coalition, especially the PDP stalwarts alleged to have looted the public treasury. He asked rhetorically: “Will the coalition serve the interest of the nation and the people or parochial interest of those behind it? How genuine are they? How will they carry Nigerians along? These are the questions that must be answered to convince Nigerians that it is for the good of Nigeria and the people.

    Ubani added: “There is nothing impossible to achieve, with strong determination. The coalition should tell us their programmes; what they would do to improve the standard of living; their position on restructuring. Many Nigerians are waiting to hear from political parties how they would go about restructuring the country.”

    A youth activist, Malam Haruna Alkali, has ruled out the success of the coalition. He said the characters behind it are people that do not wish Nigeria well. He said their motive is to return to power and continue to loot.

    Alkali said the PDP has nothing to offer. His words: “Nigerians have known them and what they stand for. If it were in other climes the party leaders would have been banned from holding political offices. But here in Nigeria they are boasting of wresting power from President Muhammadu Buhari whose administration has impacted positively on the people. If they like, let them go into coalition with 1,000 political parties, they will meet their waterloo in 2019.

    “I don’t know of any other region, but in the North any political party that associates with the PDP is dead on arrival. They spent 16 years in office to loot our common patrimony. What would they promise us now? Some of the parties they claim were members of the alliance have refuted the claim; others have pulled out. A house built on sand cannot stand. The PDP should apologise to Nigerians for the current economic hardship in the country as a result of its mismanagement of the economy.”

    In the first Republic, the defunct Northern People’s Congress (NPC), which was led by the Sardauna of Sokoto, the late Sir Ahmadu Bello, had political dominance and influence in the former Northern Region and principally dominated the government at the centre. Due to resentment and the need to wrestle power from the then Tafawa Balewa-led government, a coalition called United Progressive Grand Alliance (UPGA) was formed.

    UPGA comprised Obafemi Awolowo’s Action Group (AG), Nnamdi Azikiwe’s National Council of Nigerian Citizens (NCNC), Joseph Tarka’s United Middle Belt Congress (UMBC) and Aminu Kano’s Northern Elements Progressives Union (NEPU). The NPC did not relax to watch the display of mergers; it quickly moved to form the Nigeria National Alliance with Ladoke Akintola’s Nigerian National Democratic Party (NNDP), which was domiciled in the Western Region.

    UPGA failed in its bid to unseat Prime Minister Abubakar Tafawa Balewa in the 1964 general elections, as a result of mutual suspicion and personal ambitions of the leaders of the alliance.

    In the Second Republic, there were six major political parties segregated along ethnic lines: the Nigerian People’s Party (NPP), the Unity Party of Nigeria (UPN), the Peoples Redemption Party (PRP) and the Great Nigerian Peoples Party (GNPP). The six parties formed the People’s Progressive Alliance (PPA) to oust the ruling National Party of Nigeria (NPN). Subsequently, the NPN launched a divide and rule strategy in the loose-knit PPA. There was division, the alliance collapsed and NPN was returned to power.

    In 1999, the Alliance for Democracy (AD), which dominated the Southwest region, aligned itself with the All People’s Party (APP) that had a strong hold in the North, with the intention of defeating the PDP at the presidential poll. The alliance adopted Chief Olu Falae of the AD as its presidential candidate and Alhaji Umar Shinkafi of the APP as his running mate. It gave the PDP a good fight, but failed to win the election.

    In 2007, about 15 political parties merged to form the Action Congress of Nigeria (ACN), but the party made little or no impact in the presidential election. It fielded former Vice President Atiku Abubakar during the election. In 2011, 26 political parties formed a coalition to oust Action Congress of Nigeria (ACN) in Lagos State. The 26 parties, which included the late Gani Fawehinmi’s National Conscience Party (NCP), the Action Party of Nigeria (APN), the Action Alliance (AA), the Democratic People’s Party (DPP), formed an alliance known as Coalition of Lagos State Opposition Political Parties (COLASOPP). The sole objective of the coalition was to dislodge the ruling ACN from power. Interestingly, ACN won all the elective offices in that election.

    Before the 2011 elections, the defunct Action Congress of Nigeria (ACN), the former Congress for Progressive Change (CPC) and the erstwhile All Nigeria People’s Party (ANPP) attempted to join forces to field a joint presidential candidate to challenge former President Goodluck Jonathan of the PDP. The move fell like a pack of cards when the parties could not reach an agreement on who to field. While the CPC fielded General Muhammadu Buhari, the ACN handed its ticket to Nuhu Ribadu, the former Chairman of Economic and Financial Crimes Commission (EFCC).

    After the 2011 elections, leaders of the merging parties went back to the drawing board to strategise ahead of 2015. First, they set up various committees to brain storm on how the merger could be effectively handled. This led to the meeting of 11 governors drawn from the six geo-political zones. The meeting was held in Lagos in February 2012 and it eventually led to merger effort that resulted in the formation of the APC. The parties involved were the CPC, the ACN, the ANPP and a faction of the All Progressives Grand Alliance (APGA). They resolved to jettison their identities and formed a new party known as the APC. That was how APC became a formidable opposition party that wrestled power from a sitting president in 2015.

     

     

  • Defectors, Buhari and APC

    SIR: When general election nears, defections and realignments are normal- they add salt and pepper to the game of politicking.

    Most of the senators that defected on Tuesday July 24, have different reasons for doing so- some for losing the control of party structures at their states. For some, it is the only way to secure a return ticket, while for others, it is a show of loyalty to their godfathers. That’s the game. You can’t blame the senators; they need a political survival strategy that works for them.

    Let us also reflect, most of the senators that defected were members of the nPDP- one leg in APC, the other in PDP. They were in APC for a reason, and the reason is no more. However, to be fair to the majority of the defectors, they don’t have personal grudges with President Muhammadu Buhari, except few of them. President Buhari also said: “None of the defecting federal lawmakers of the All Progressives Congress (APC) had any specific grievances against me or the government I lead; neither did I harbour anything against any of them”.

    What happened on Tuesday is not new and will not be the last. In fact, the green chamber has witnessed its own version. Similarly, the same scenarios have happened and will continue to happen at local and state levels with climax after party primaries. We will witness more defections across the two major political parties PDP and APC.  It is a honey-bitter game, depending on how political parties utilize it and how the voting population defines it. Some defections will be costly mistakes while other will yield fruits.

    The APC as a political party with sudden fame and power with diverse political blocs found itself in a catch-22 situation – succumb to pressure from a senator or a member House of Representatives then lose a sitting-governor. It is either of the two. The APC went for sitting governors but mismanaged the crisis at local and national levels. The die is cast- best option now for the APC is to let it be, but manage the remaining crisis politically and scientifically. No also forgetting that, with the current political settings in Nigeria, same problem will happen to any political party in power.

    The political tension will only settle after the 2019 elections. But it is something interesting for students of politics.

     

    • Zayyad I.Muhammad, Jimeta, Adamawa State.
  • Arrest, prosecute killer politicians, Lamido tells Buhari

    Former Governor of Jigawa state and presidential aspirant under the Peoples Democratic Party (PDP), Alhaji Sule Lamido on Sunday challenged President Muhammadu Buhari to come out with the names of politicians who he believed are behind the incessant killings in the country and bring them to justice.

    Lamido was reacting to the claims by the Presidency that it has the list of names of politicians who are behind the killings of innocent Nigerians.

    “President Buhari said ‘I know those politicians, who are sponsoring these killings,’ he said so, as the Commander-In-Chief. Now, have they been arrested? Who are they? Name them. People are dying every day, and he knows the killers and they have not been arrested. You press men, please ask him (Buhari) who they are, he should arrest them,” Lamido added.

    The presidential aspirant who spoke to journalists in his Kano residence, insisted that the ruling All Progressive Congress (APC) government has failed to deliver in its three-point agenda of security, economy and fighting corruption.

    Lamido who said he has started consultation with PDP stakeholders across the country ahead of the convention regretted that Nigerians have suffered a lot under APC government.

    According to him, “on security, you see, before it were Boko Haram, it has now gone beyond Boko Haram. It is now inter-tribal. It is between Fulani and Fulanis; it is between Hausa and Hausas, between Igbos and Igbos. In Ebonyi it is there, in Zamfara it is there and in Sokoto, it is there.

    “So, you see, today, we are under siege. It means all they key security chiefs appointed by this government have failed to deliver. Nigerians are now sleepless, they are watching, they have so many things in their minds—whether to go for what they know is safety, security and prosperity or to go for this culture of violence which is now defiling Nigeria as a country.”

    Lamido further stated that, “the three factors that they used during their campaign—economy, security and fighting corruption are all zero.

    “How on earth can Buhari go to Danjuma Goje’s house to beg him—Goje who has been arraigned in court! And Buhari preferred to go to him, by that, the Judge should be very very careful, because it means they cannot convict Goje.

    “If Oshiomole after all these noise and ranting will go to Saraki and Tambuwal and beg them, after calling PDP thieves and what have you, which means their fight against corruption is defeated.”

    Speaking on the just concluded Ekiti governorship election, Lamido said, “the election process in Ekiti was heavily militarized; and I know it shouldn’t be a surprise because we are being led by a former military General who was also a former military Head of State, who was known for arresting political leaders.

    “Number two, you see, he (Buhari) only says politicians are this, politicians are that, which means he is not a politician.

    “So, I think the election in Ekiti, to me, if it is the wish of the people that is announced as the result, I have no quarrels with it. I hope, also, that this is not the kind of thing we are going to experience in 2019 elections because it will spell doom for democracy.

    “You see, even before the election, there was this acrimony, the atmosphere was very tensed. You see, sending 30, 000 police men in Ekiti for a governorship election is very worrisome.

    “From what I heard, they said they sent 30, 000 police men, we don’t know the number of other security agencies and para-military. If in 2019, they are sending 30, 000 police men to conduct elections in each state, that means 30, 000 times 36, including Abuja—this is very curious.

    “If this was how that election was conducted, that means they instilled fear in the people. To me, the election has come and gone, it has been conducted and the winner has been declared, I certainly hope that it is the wish of the people that was declared. Let it be the wish of the people that is being declared, simple.”

    He expressed confidence that PDP will reclaim power in 2019, adding that PDP has learnt from its past mistakes.

    According to him, “you see, PDP was in government for 16 years at all the levels, it was PDP. The key players today in APC are also PDP.

    “So, it means we know our mistake; we made a mistake because people who were in PDP left and they were able to conceive the APC; and to that effect, this APC government is our own baby. So, we have this commitment and passion for Nigerians.

    “We have learnt our lessons and we have seen the consequences of our second-eleven being in government—they have no capacity, they have no commitment, and they unleash pains and agony on Nigerians.

    “PDP is a family; it is a family which has a very strong background. It is a family which was built on the reflection of what was Nigeria and the evolution of our great country.”

  • Buhari congratulates Fayemi, urges losers to be gallant in conceding defeat

    President Muhammadu Buhari has congratulated Dr. John Kayode Fayemi on winning the Ekiti State governorship election.

    The President in a statement by his spokesman, Femi Adesina  also commended  the All Progressives Congress (APC) candidate and all party supporters for the hard-fought victory after a dignified campaign.

    He urged the governor-elect and APC members to be magnanimous in victory as the incoming administration prepares to unfold a new lease of life for the people of Ekiti State through purposeful and responsible governance.

    He commended the people of the State for their matured and peaceful conduct as they made their choice using the power of the ballot.

    President Buhari also lauded the Independent National Electoral Commission (INEC) for adequate preparations and displaying impartiality throughout the process.

    Read also: Ekiti Governorship election : INEC declares Fayemi winner

    He applauded the security agencies for creating the right atmosphere for the relatively peaceful conduct of the polls and urges them to sustain the peace and local and international observers and monitors for their vigilance and contributions towards the relatively hitch-free exercise.

    The President urged the losers to be gallant in conceding defeat and use constitutional means to settle whatever grievances they may have rather than resort to self-help.

    He Buhari appealed to all stakeholders in Ekiti State to work towards a successful transition to a new administration in the higher interest of not only the State but the entire nation and its fledgling democratic experience.

    “In all this, the people of Ekiti State have spoken loud and clear, and democracy has won again,” the President said.

  • AfCFTA must be free and fair, Buhari insists-2

    Nigeria’s Finance Minister, Kemi Adeosun, has been elected Chairman of the board of Africa Export Import Bank (Afreximbank).

    Adeosun was elected chairman yesterday in Abuja at the bank’s Annual General Meeting declared open by President Muhammadu Buhari. She will chair the bank for one year.

    Speaking at the opening ceremony of the AGM, Buhari noted that Africa’s journey to prosperity “can only be achieved by supporting inclusive and sustainable projects. We must therefore continue to support Afreximbank to deliver on this mandate.”

    The president spoke on the much anticipated Nigeria’s signing of the Africa Continental Free Trade Agreement (AfCFTA), stating that his administration will work towards a fair trade agreement with the rest of the continent.

    According to Buhari, “significant progress has been made in these consultations. The team has met key stakeholders across our six geo-political zones. The responses have been diverse as would be expected. However, one clear message has emerged, which is that any trade agreement must be both ‘free’’ and ‘fair’. This fairness is achievable and we will work towards it.”

    The highlight of the day’s activities was the combined signing of the Memorandum of Understanding (MoU) between Afreximbank and Nigeria’s Bank of Industry (BoI) and Dangote group to finance Dangote’s refinery, valued at $750 million and $650 million respectively.

    Addressing the gathering, Afreximbank President, Dr. Benedict Oramah, disclosed that Afreximbank has created a specialised institution, a fully owned subsidiary called the ‘’Fund for Africa’s Export Development” (FUNFED)”.

    The objective of the fund he said “is to contribute towards expanding the share of manufactured and service exports in Africa’s total exports by attracting appropriate FDI flows into those dynamic sectors.”

    Afreximbank’s initial investment commitment in the fund amounts to US$100 million, which is expected to attract additional investments to bring funds under management to US$1 billion in the near term.

    Speaking on the bank’s financial performance for the year end, 2017, Oramah stated that “revenues grew strongly by 25 percent to US$645 million, driven by healthy interest income on average assets of about US$14 billion, of which about 70% were loans and advances.”

    Net income as a result rose by 34 percent to reach a new record high of US$220 million.

    Based on the very good performance, the Board of Afreximbank recommended a dividend payment amounting to a dividend yield of 5% fully paid shares.