Tag: BUHARI

  • Investment: Nigeria will sustain its position in Africa – Buhari

    Investment: Nigeria will sustain its position in Africa – Buhari

    President Muhammadu Buhari on Tuesday said that one of the key objectives of his administration’s ongoing economic reforms was to restore the confidence of investors in the Nigerian economy.

    He made the remark while addressing leading French businessmen and investors at the headquarters of the Movement of the Enterprises of France (MEDEF), in Paris, France.

    The President, in a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu, also reaffirmed his government’s determination to curb corruption in Nigeria.

    “Our ongoing economic reforms are designed to restore business confidence and block leakages and wastage of public resources. We are also focused on the recovery of stolen wealth belonging to the country,” the President told participants at a Nigeria -France Investment Forum.

    He promised that his administration will do all within its powers to sustain Nigeria’s position as the number one investment destination in Africa.

    He said: “With a blessed land, rich in agricultural and mineral resources, skilled and low-cost labour, large market, a robust and competitive private sector anchored on investment policies and legislation to guarantee predictability and consistency with global business practices, we are poised for double digit growth.

    “There is much more to our country than oil and we are determined to consolidate on industrializing Nigeria and diversifying its economy.

    “The privatisation of key sectors of our economy, which was started under previous administrations, will be pursued and expanded to include other sectors. This exercise will be conducted in an open, transparent and competitive manner.

    “We recognize the private sector as the engine of growth and a veritable partner in our economic agenda, and will therefore give the fullest possible support to foreign and domestic entrepreneurs.

    “Our administration is poised to redress the serious infrastructural gaps in Nigeria, raise production to create more jobs, build capital and stimulate further growth and prosperity of the country.”

    The President of MEDEF, Pierre Gattaz, said the umbrella organization of about 800,000 French manufacturing firms and businesses will undertake a trade mission to Nigeria next month.

     

     

  • Buhari assures French investors

    Towards boosting economic activities and creating jobs for Nigerian youth, President Muhammadu Buhari on Tuesday assured investors in France and other parts of the world of his administration’s commitment to providing an enabling business environment in the country.

    The President gave the assurance while addressing a gathering of investors at the Nigerian-France presidential business forum at the headquarters of the French Business Confederation in Paris, France.

    According to him, the decision to urgently tackle the issue of insecurity was to ensure the safety of all citizens and guarantee investment for both local and foreign investors.

    Noting that Nigeria and France already have a cordial trade partnership, he said that there was need to promote a win-win sustainable business relationship between the two countries.

    Tracing the long standing economic ties between the two countries as far back as 1902 when the CFO set up a training programme in Lagos State, he said that his government will rebuild Nigeria into a competitive, virile, productive economy based on excellence, integrity, transparency, accountability and respect for the rule of law.

    “It is a positive development that today Nigeria is the largest trading partner with France in Africa. But opportunities abound to greatly increase the current $5billion annual trade volume and I fully agree with President Hollande when he declared in February, 2014 in Abuja that trade volume between both countries should double in four years,” he said

    The trade expansion, he said, is to cover critical areas like agriculture, energy, automobile and skill development.

    “Today many French companies are happy to have flourishing businesses in Nigeria, opportunities abound to greatly increase the $5billion annual trade volume between the two countries”

    President Buhari also commended the commitment of the French President Francois Hollande on his plan to redouble the trade volume.

  • Why do the Igbos hate Buhari?

    Forget about the lies and hateful propaganda against the person of President Muhammadu Buhari from some noisy, frustrated, hypocritical and angry persons and groups from southeast Nigeria. They churn out all manner of lies that Buhari “hates the Igbos” and that’s why he has not considered, or does not consider them for appointments into plum positions in his government.

    But is it true that President Buhari hates the Igbos? I have seen statements and lamentations like “Why does Buhari hate Igbos?” coming from groups like the Ohanaeze Ndi-Igbo, the Aka Ikenga group and other Igbo socio-cultural groups, and I have often wondered whether that question and lamentation should not be the other way round. I sincerely believe the right question should be, “Why do the Igbos hate Buhari?”

    Don’t get it twisted; I know quite a large number of Igbos that are fanatical supporters and promoters of the Buhari Project, and I have an inner knowing that even if you put a knife on the throats of these people to denounce Buhari, they will proudly refuse to denounce him. Unfortunately, these Igbos that are staunch lovers of Buhari are regarded as outcasts in Igbo land and are therefore treated as scum.

    The first time Buhari took a shot at contesting the presidential election was in 2003, and who did he pick as his running mate? A notable and credible Igbo man called Senator Chuba Wilberforce Okadigbo, a former President of the Nigerian Senate. And where did the Igbo votes go to in that presidential election? The second time Buhari took a shot at contesting a presidential election was in 2007, and, again, who did he pick as his running mate? Another notable Igbo man called Rt. Hon. Edwin Ume-Ezeoke, a former Speaker of the House of Reps. And where did the Igbo votes go to in that presidential election?

    Twice the Igbos rejected him, in spite of picking some of their prominent men as running mates.

    For the next two presidential contests Buhari took part in, he moved towards the Yorubas for a running mate. Once in 2011, the Yorubas rejected him in spite of the man having one of them as running mate, but in 2015, they accepted him. But in all the four presidential contests Buhari participated in, he was massively and resoundingly rejected by the Igbos, which, again, asserts that the right question should be, “Why do the Igbos hate Buhari?”

    [ad id=”403656″]In all fairness, is it not outright mischief and shamelessness to expect plum positions in the government of a man you have perpetually rejected and insulted with all manner of derogatory words? And even while they are making hypocritical noises about appointments, they keep saying that they are proud of the way they voted in 2015, and that if given the chance again they will repeat voting for an absolutely corrupt regime that was resoundingly rejected by Nigerians and the global community, and yet they want to be incorporated into Buhari’s kitchen cabinet? To promote the values they cherished in Jonathan’s sordid regime for which he was overwhelmingly rejected?

    You want to be part of running a government of CHANGE after deriding the CHANGE MOVEMENT right from inception up to election day?

    They want to be military service chiefs in Buhari’s government but yet they don’t want any “Boko Haram” prisoner in any federal prison built in any of their towns? They want power without responsibility or even a shred of shared responsibility? A case of looking for “juicy appointments” without sprucing the fruit trees in the garden, or a case of seeking to enjoy omelettes without the simple hassle of breaking the eggs shells, or a case of seeking to enjoy federal power without being federalist, or a case of being Biafrans while being Nigerians at the same time, right?

    Also, they want to be either Senate President or Deputy Senate President but deliberately hooked themselves to a notoriously corrupt and dying political party and thereby walked themselves out of the Hurricane of Change that blew across the country, and had to rely on subterfuge and alleged forgery to “kidnap” the position of Deputy Senate President, and yet they want more other top positions?

    Does Federal Character mean an Igbo man succeeding an Igbo man as SGF even after an Igbo man spent about five years in that position? Or does Federal Character mean the other 250 ethnic groups in Nigeria should not be appointed into positions which they label as “juicy”? Or don’t they know and understand that they are just one of the 250 ethnic groups in Nigeria?

    Without doubt, the Jonathan regime was an Igbo regime, for the man truly put them in many strategic and “juicy” positions, especially in almost all the nation’s finance institutions. But how has this Igbo domination of the Jonathan regime helped the Igbos or the southeast in general apart from the hefty bank accounts of those Igbos Jonathan “empowered” with those “juicy” appointments? The famous East-West road and the Second Niger Bridge were merely turned into cash cows for the Jonathan gang. So what is the rationale for their loving such a hopelessly corrupt regime that did not even serve any part of the country with services except the deliberate promotion of ethno-religious sentiments, which, in itself, was a ploy to perpetuate that same distasteful regime through national disunity?

    What should serve as a metaphoric description of the contradiction in the “love story” between the Igbos and Jonathan’s government is a heart-rending piece titled ‘The Road to Arochukwu’ written by ace writer and Editor of THIS DAY newspaper, Segun Adeniyi, on the back page of the paper on Thursday, July 23, in which the writer lamented the deliberately neglected Arochukwu road in Abia State. According to him, he and other travellers who had cause to use that road for a condolence trip spent about two hours on a journey of just 34 kilometres, which ordinarily should last for about 15 to 20 minutes. This was because the road was in complete ruins despite being a federal road, and the government of Jonathan that was so loved by the Igbos and had a lot of Igbos nicely tucked in in very “juicy” federal positions, yet they could not deploy their “juicy” positions to influence the fixing of that road and, perhaps, many other such roads in their region!

    In a follow-up piece on the same road by Segun Adeniyi on Thursday, July 30, he exposed how the contract for the reconstruction of the road was awarded in 2012 by the Jonathan regime to a firm called Beks Kimse (Nigeria) Limited owned by Professor Kimse Okoko from Bayelsa State at the cost of a little over 4.7 billion naira. The company was promptly paid around 2.5 billion naira as mobilisation to commence work, and the flag off of the project was done on March 29, 2013 in the presence of the Abia State Governor at that time, Chief T.A. Orji, and the late Senator Uche Chukwumerije, and other prominent politicians and businessmen from the area.

    Well, since the flag off was done, the contractor did just less than one kilometre and abandoned the project after! Since the work was abandoned, no one has ever heard the Ohanaeze Ndi-Igbo or any other noisy Igbo group demand to know why the project was abandoned by the contractor and the Jonathan government. Rather, they were all busy endorsing and promoting the Jonathan 2015 presidential project!

    So, what is the nature of the “mutually beneficial” relationship between the Jonathan regime and the Igbo elite on the one hand, and between the Jonathan regime and the Igbo downtrodden on the other in the light of the fact that the Arochukwu road project seemed to be a cash cow for a Bayelsa contractor and some highly placed Igbo politicians? And, was the alliance of Bayelsa politicians and contractors with their Igbo counterparts just an elaborate financial benefit scheme for their elite class at the expense of the manipulated downtrodden Igbo peasants and small time traders? And was the massive propaganda of lies and hate that emanated from that region against Buhari prior to the presidential elections another elaborate scheme to chain down the downtrodden Igbo in perpetual slavery to the whims and financial benefits of their corrupt elite?

    President Buhari should not allow his administration to be blackmailed and intimidated by angry and frustrated “Federal Character” chanters who never even believed in it nor in its practice in their six years of looting, rape and plunder of the country’s wealth. Buhari should just focus and concentrate in building and empowering our national institutions, and providing good governance irrespective of whoever he uses.

     

  • Indigenes urge Buhari to set up committee on Centenary City

    TO resolve the problems associated with the compensation and resettlement of affected communities in the Abuja Centenary City Project, youths in the Federal Capital Territory (FCT) under the auspices of Abuja Original Inhabitants Youth Empowerment Organisation (AOIYEO) have called on the Federal Government to immediately set up a Committee to address the issue.

    The youth said while they remain peace-loving people and believe in the sincerity and deep commitment of the present administration to protect their rights and restore their benefits, they may have no option but to engage in violence to press for their rights as guaranteed, if the right thing is not done.

    President of the indigenous youth organisation, Commandant Isaac David, who spok at a briefing, said  they were aware that in other parts of the country, indigenes had resorted to the use of violence and disruption of state activities to press for their rights.

    David, who said the Committee would ensure a peaceful process during the execution of the Centenary City Project, suggested that the Committee members should include the Presidency, Centenary City Management, Federal Capital Development Authority (FCDA), Security Services, traditional rulers, area councils, indigenous NGOs, youth representatives and members of the National Assembly.

    “We know our rights as provided for in the 1999 Constitution (as amended) and we cannot continue to watch while our rights are fragrantly abused even by individuals such as Centenary City Plc. It can be seen that the management of Centenary City Plc has been very economical with the truth.

    “We demand that the Management of Centenary City give a breakdown of the expenditure of the N1.237billion and the N65million they [were allegedly] paid as compensation to the original inhabitants. This has become worrisome as the traditional rulers, the President of the Abuja Original Inhabitants Youth Empowerment Organisation and other stakeholders in the affected communities are been threatened that they connived with the Management of Centenary City to divert money meant for them.

    “We need explanation on these issues and especially what happened to the land carved out of the permanent site of the University of Abuja for the resettlement of the indigenes who had infrastructure in their land. Who are the new allotees of the land? The Management of Centenary City should stop engaging in rhetoric and provide the facts so that the issues will be resolved in a transparent and accountable manner,” he said.

    They further said that arising from this, they sincerely advise the Centenary City Plc to stop forthwith further activities in the affected communities located in the Kuje and Abuja Municipal Area Council (AMAC) until the issues concerning the compensation and resettlement are fully resolved.

    “We want to thank the Government for the opportunity given to us to present our perspective on the programme of the Centenary City as it affects the original inhabitants of the FCT.

    “On Friday, August 28, 2015, the Management of the Centenary City Plc met with the President to address the controversies, alleged corruption, incongruities and negative media reports on the activities of the Centenary City Plc in the execution of the Centenary City Programme.

    “While we acknowledge the enormous benefits the Centenary City will bring to the country, we wish to express our appreciation to the Government for expressing their concern for the recognition of the rights of the original inhabitants,” he said.

  • PDP urges Buhari to pay attention to economy

    PDP urges Buhari to pay attention to economy

    The Peoples Democratic Party (PDP) has urged the President Mohammadu Buhari to pay urgent attention to the management of the nation’s economy.

    The party said its worry stemmed from the fact that the economy has remained on rapid fall since the last four months, apparently due to the absence of clear-cut fiscal policy direction and an economic team to deal with the domestic and global challenges associated with a developing economy.

    A statement issued on Monday issued by the party’s National Publicity Secretary, Chief Olisa Metuh, said the PDP was in full support of the President’s efforts in tackling corruption and insurgency.

    The party, however, expressed concerned about what it described as “the grave economic situation we now face,” as well as indices from global economic watchers, which it said, the administration had failed to give deserving attention, despite its predictable negative impact.

    The PDP said it was duty-bound, beyond politics, to draw the President’s attention to the fact that under the prevailing circumstances, the nation is evidently heading to economic doldrums.

    The statement said, “Mr. President, this is no longer about politics and partisanship. It is about the economy of our dear nation and the wellbeing of the Nigerian citizens.

    “Recall that we have severally in the past, drawn attention to official reports showing that the unemployment situation in the country as well as inflation rate are growing at frightening dimensions, not to talk of the continued decline in domestic and direct foreign investments, all due to uncertainty created by the lack of economic direction of APC-led administration.

    “The situation has become even of utmost concern following the failure of this administration to articulate any interventionist policy at this critical moment, when credible global economic monitors have continued to predict that oil price may fall as low as $20 per barrel.

    “It is worrisome that whilst other countries are taking deliberate steps to enhance their investment profiles and hedge their economies at this time, the APC-led federal government has done nothing in that direction, but has centered on partisan politics and witch-hunt of perceived opponents, while the economy remains vulnerable and unattended to.

    “We caution strongly that this approach to governance is not healthy for our nation. Indeed, the time has come for Mr. President to end the apparent lethargy in his administration and take urgent step to set up a crack economic team of experts to immediately swing into action and salvage the situation by opening up all economic outlets, which have been stagnated in the last four months.

    “In managing this economy at this time, we urge Mr. President, as the father of the nation, to look beyond partisan politics and ensure that the policy frameworks and populist economic projects laid by the PDP administration, especially in the non-oil sectors are not allowed to rot, but adequately utilized for the good of all.”

  • Buhari greets Bamanga Tukur at 8O

    Buhari greets Bamanga Tukur at 😯

    President Muhammadu Buhari has congratulated one of Nigeria’s foremost entrepreneurs, political leaders and elder statesmen, Alhaji Bamanga Tukur as he celebrates his 80th birthday on Tuesday.

    Buhari joined Alhaji Tukur’s family, friends, associates and well-wishers in rejoicing with him as he marks another notable milestone in a very worthy and fulfilled life.

    The President, according to a statement issued by his Special Adviser on Media and Publicity, Femi Adesina, seized the opportunity of the Tafidan Adamawa’s 80th birthday to reaffirm the nation’s enduring gratitude for his significant contributions to Nigeria’s political and socio-economic development over the years.

    He particularly commended Tukur’s diligent and patriotic service to his community, state and country as a public servant, political leader and accomplished businessman of international repute.

    The President also extolled the exemplary political maturity and commitment to national peace and development displayed by the former National Chairman of the Peoples Democratic Party in being one of the first people to congratulate him after his victory in the March 28 presidential election.

    He prayed that Almighty Allah will bless Tukur with many more years of good health and the company of his loving family and numerous friends within and outside Nigeria.

  • Buhari: why the war against corruption must go on

    Buhari: why the war against corruption must go on

    The President Muhammadu Buhari administration yesterday reiterated why there will be no let-up in its fight against corruption.

    “It is a fight for the soul and substance of our nation, a moral battle for virtue and righteousness in our land,” Vice President Yemi Osinbajo said yesterday.

    He spoke in Port Harcourt, the Rivers State capital, during the second plenary meeting of Catholic Bishops Conference of Nigeria (CBCN).

    The ceremony was also attended by Rivers State Governor Nyesom Wike.

    Osinbajo, who attended the first plenary meeting during the electioneering campaign, represented President Buhari yesterday.

    [ad id=”403656″]Apart from barefaced theft of public funds, corruption has also been cited as the main reason for poor policy choices, the prevalence of poverty in the midst of plenty and waste of resources in the country.

    Buhari said: “Corruption in our country is so endemic that it constitutes a parallel system. It is the primary reason for poor policy choices, waste and, of course, bare- faced theft of public resources.

    “It is the main reason why a potentially prosperous country struggles to feed itself and provide jobs for millions.

    “The hundreds of thousands of deaths in the infant, maternal mortality statistics, the hundreds of thousands of annual deaths from preventable diseases are traceable to the greed and corruption of a few. This is why we must see it as an existential threat. If we don’t kill it, it will kill us.”

    On security, the President said: “We are on course to militarily rout Boko Haram and make them incapable of taking and holding territory.” He added that suicide bombings in some parts of the Northeast were the desperate acts of the terrorists to create a sense that they are still in play.

    He noted that “with vigilance and good local intelligence, we will make those cowardly acts practically impossible.”

    On the economy, the President told the Bishops: “We must change the paradigm of thinking about our economy and the ultimate good of the majority. While we create an enabling environment for free enterprise, we must reason, plan and budget with the understanding that almost 2/3 of our people are extremely poor, and must be helped first to survive and then to fully participate in the economy of the nation.

    “We must create safety nets for the very poor and vulnerable while ensuring that social spending is also a direct investment in the economy.

    “We must invest substantially in relevant education, teacher training and vocational and entrepeneurial training.”

    The President praised the bishops, noting that he had “always been impressed with the social consciousness exhibited by the Catholic Bishops’ Conference”.

    He also recalled that their “bold critical interventions at various crucial moments in our national journey have helped to caution, admonish and ultimately stabilise the polity”. “This is as it should be. This nation belongs to us all; leaders in every sector owe it to this generation to contribute in building a good society.”

    He asked for prayers adding: “for us elected into government, we have since set about the daunting tasks before us, with vigour and commitment in the full assurance that by the grace of God our country will become safe, secure, prosperous and virtuous”.

    President of the Conference, Most Rev. Igantius Kaigama, the Archbishop of Jos, praised the Buhari administration’s commitment to the fight against corruption and praised the formation of a Presidential Advisory Committee on Anti-Corruption.

    According to him, “the President is dead right that if we don’t kill corruption, corruption will kill us.”

    He also prayed that God will give Nigeria a new heart.

  • ‘Okorocha did not campaign for Buhari’

    Spokesman of the All Progressives Congress (APC) in the Southeast, Osita Okechukwu yesterday said the Imo State Governor, Rochas Okorocha, neither truly campaigned for President Buhari nor the APC”.

    Okechukwu was reacting to Okorocha’s statement in an interview.

    In a statement titled: “Okorocha Rescue Mission”, Okechukwu said: “I am sorry to comment on the blame game being played by Owelle Rochas Okorocha; for his interview cannot be classified as Okorocha Rescue Mission from the less than five per cent score in the presidential election from the Southeast.

    “All I can say is that to the best of my knowledge, he neither truly campaigned for President Muhammadu Buhari nor the APC.

    “Methinks that while we blame Ndigbo for putting all our eggs in one basket, we should blame our leaders, who genuinely didn’t campaign for President Buhari nor APC candidates in their domain.

    “I challenge Governor Okorocha to tell the world how far he assisted Senator Osita Izunaso in his bid for Orlu Senatorial district, his own constituency and that of Uche Onyeguocha and Uwajimogu of Owerri and Okigwe. “

  • AIME advises Buhari to tackle insecurity for productivity

    A firm Global Media Communications Networks, AIME, has advised President Muhammadu Buhari to tackle the issue of insecurity in the country, adding that a peaceful environment will foster productivity and for life for the citizens.

    It said ensuring security will also create the enabling environment for productivity across the African continent, stressing that Nigerians must embrace peace among its ethnic groups in the country which will add value to economic growth.

    AIME is an African international company that works, answering the questions threatening peace and productivity through its laudable programs.   Its Chairman/Chief Executive Officer, Emenogie Israel, said looking at the world today, peace is a social responsibility that should be guided by all men.

    “We see that this responsibility has failed by most people but we at AIME sees responsibility as a beauty to promote peace as a potential for social development in Nigeria and Africa as a whole. AIME is driven by passion to deliver on its commitment. Our people are dedicated to providing quality offerings, unparallel services and responsiveness. We are committed to working together with partners to deal with problems in an open and honest manner relating to conflict and ensuring stability of a global economy.

    “However, we are a major player in the industry as also very relevant in the African market, our consistency and our stylish research reporting had endeared eminent people trailing our pathway,” he said.

    Israel noted that that the rate of productivity is increasing at a faster rate in poorer countries than in richer ones. “This is what we have seen in East Asia over the past decades. In Africa this has not been the case. The continent is not catching up, due to three impediments to productivity growth: poor governance, poor education, and the highly restrictive nature of economic transactions in most African countries,” he said.

    He stated that poor governance and highly restrictive economic environments create a disincentive for the necessary investment to increase the number of high productivity jobs and workers. According to him, poor education also locks the workforce into a low level of productivity.

     

  • ‘How Buhari, others restored investors’confidence in economy’

    The peaceful transfer of power to President Muhammdau Buhari has been identified as one of the major reasons investors’ confidence in the economy has improved.

    Others factors, such as the rebased Gross Domestic Product (GDP), and rising middle class have also given a new fillip to the economy.

    Senior Consultant, Europe Middle-East and Africa for Kroll, a world’s leading business intelligence and risk consulting firm, Mark Simmonds, who spoke at the weekend, said these factors, however, have placed Nigeria at top position in Africa ahead of South Africa, and also propelled a vibrant entrepreneurial workforce of at least 73.4 million by first quarter of this year.

    He said the growth has helped clients navigate through investment opportunities.

    “More and more investors looking for sustainable growth in an emerging economy are adding Nigeria to their portfolios, as the country’s economy is becoming a popular destination for value-driven investments,” he noted.

    Though he noted that the country also has its own unique challenges, such as weak currency and a low oil prices which affect government revenues, making investors yet remain cautious about investing in the economy.

    “These and other factors present local and international investors with a complex set of challenges and opportunities that require expert guidance to surmount,” he affirmed.

    He said for more than 40 years, Kroll has helped clients make confident risk management decisions about people, assets, operations, and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security, and data and information management services.

    Simmonds, however, urged government to sustain the current growth which he, believes, would translate into long-term gain for the government.