Connect with us

Politics

Financial Times: Nigeria Presidential Election Deeply Flawed

Published

on

The Financial Times, a London-based publication, has characterized the 2023 presidential and National Assembly elections as deeply flawed.

The publication criticized the Independent National Electoral Commission for its handling of the elections and recommended that the courts carefully scrutinize the emergence of Bola Tinubu, the president-elect, in the event that his opponents contest his victory.

In its editorial published yesterday, the London-based Financial Times provided this advice. The publication also pointed out that Bola Tinubu’s victory with a tally of 8.8 million in a country with a population of 220 million provides him with the weakest mandate possible.

The Financial Times cautioned that as the former governor of Lagos State, Tinubu would be faced with one of the toughest jobs in the world. Nigeria is currently on the brink of catastrophe, with a breakdown of security and a near-total absence of growth, making the task of governing extremely challenging.

According to BIZTELLERS, the Independent National Electoral Commission (INEC) announced Bola Tinubu as the winner of the presidential election in the early hours of Wednesday. The commission subsequently issued a certificate of return to Tinubu and his running mate, Kashim Shettima, on Wednesday afternoon.

INEC Chairman, Prof. Mahmud Yakubu, declared that Tinubu emerged victorious with a total of 8,794,726 million votes.

Tinubu’s closest challengers, Atiku Abubakar of the Peoples Democratic Party, Peter Obi of the Labour Party and Rabiu Kwankwaso of the New Nigeria Peoples Party who polled 6,984,520 million; 6,101,533 million and 1,496,687 million votes, respectively.

However, The Financial Times argued that all that Nigeria needed was a clean election to reiterate the basic message of democracy where a sovereign people could choose its leaders, saying “sadly, it did not happen.”

It maintained that the, “election which appears to have delivered the presidency to Bola Tinubu, a wealthy political fixer running for the incumbent All Progressives Congress — was badly mismanaged at best.”

The publication added that the presidential election failed to set the example needed for West Africa, where too many national leaders have extended term limits or resorted to seizing power at gunpoint noting that, “Nigeria remains a democracy, but only just.”

The London-based media outfit stated the official result put Tinubu on 37 per cent, from Atiku’s 29 per cent and Obi’s 25 per cent. It argued, however, that some individual results did not pass the smell test, which it stated, “includes Obi’s ever-so narrow victory in Lagos state, where crowds had greeted him like a rock star.”

It therefore advised that the next president must quickly remove the ruinously expensive fuel subsidy and rationalise the exchange rate system.

It also advised that the security agencies, specifically the army and police, which are riddled with ineptitude and corruption needed urgent reform, stressing that “these basic steps are the minimum to begin to repair a deeply damaged country.”

Pointing out that Tinubu campaigned partly on his ability to pick a strong team, the paper said if confirmed as president, he must name a cabinet of independent, competent and honest ministers. “Even Nigerians who did not vote for him will hope against hope for that,” it added.

 

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

PDP’s Ajayi Rejects Ondo Poll Results, Vows Legal Action

Published

on

Chief Agboola Ajayi, the Peoples Democratic Party (PDP) candidate in the 2024 Ondo State governorship election, has rejected the results declared by the Independent National Electoral Commission (INEC) on Sunday.

Ajayi has vowed to seek justice at the election tribunal, citing alleged electoral malpractices and criminal actions by both INEC and the All Progressives Congress (APC).

In a statement issued by his Special Adviser, Ayo Fadaka, Ajayi explained that he had held off from commenting immediately after the results were announced to conduct an investigation into what he described as “criminal activities” that compromised the integrity of the election.

“We have uncovered numerous actions undertaken to subvert the electoral desires of the people. It is unfortunate that democracy cannot thrive in an environment where criminality is perpetually employed to manipulate the electoral process,” Ajayi said.

He further criticized the November 16 election, alleging it was part of a broader pattern of election manipulation since the APC came to power in 2015.

According to Ajayi, these actions have fostered voter apathy and contributed to widespread disenchantment with the electoral system.

RELATED NEWS:

While refraining from disclosing specific details of his findings, Ajayi expressed hope that public institutions would act with integrity to restore confidence in the electoral process.

“We particularly call on the Judiciary to brace up and perform the sacred and onerous responsibilities to guarantee the portability of justice to people and institutions that seek it, the nation and people will appreciate that,” Ajayi added.

Ajayi also lamented the state of the nation, saying, “Nigeria is currently described as a failed state. It is our prayer that it is revived, re-birthed and resounding again as a nation that will not only hold promises of a better day for its people but actually deliver on the same.”

He concluded with a stern warning, saying that unless institutions and leaders are honest and accountable, the country may face grave consequences.

“Thus honesty must propel institutions and government, else revolt will one day dictate unwholesome developments that will portent dire consequences.”

 

 

Continue Reading

Politics

DSS Releases Ex-Ogun PDP Governorship Candidate, Ladi Adebutu

Published

on

Ladi Adebutu, the former governorship candidate of the Peoples Democratic Party (PDP) in Ogun State, has been released from detention by the Department of State Services (DSS).

He regained his freedom early Tuesday morning after being invited for questioning in connection with alleged disturbances during the local government elections held last Saturday.

READ ALSO: Supreme Court Rejects Lawsuit Seeking To Abolish EFCC

His release was confirmed by his media aide, Afolabi Orekoya, in a phone interview with Channels Television.

Adebutu’s arrest on Monday was earlier confirmed by the PDP’s Ogun State Publicity Secretary, Kayode Adebayo, who disclosed that the politician was held at the DSS office in Abeokuta.

In a statement, Adebayo said:
“This is to inform the members of our great party, the Peoples Democratic Party, that the leader of the party has truly been detained by the DSS for charges yet unknown.”

The statement called for calm among party members and supporters, adding that Adebutu remained committed to upholding democratic principles.

“However, our principal has called for calm and directed that all members of the party, supporters, and well-wishers should be rest assured that this time shall pass. It is one of the prices for our democracy,” the statement read.

Attempts to secure Adebutu’s bail on Monday evening were unsuccessful, according to Adebayo, but legal representatives took charge of the matter the following morning.

“Several efforts have been made to secure his bail as of 10 p.m. on Monday, 18th November, 2024, either on personal recognition or by a surety, but none has yielded any result so far. His lawyers have been informed, and they will take it up by tomorrow (Tuesday) morning,” he stated.

The PDP urged its members and the public to remain peaceful as the situation unfolded, saying, “By this release, we want our people and the general public to be duly informed about his whereabouts and to maintain calm and peace until this matter is resolved.”

Adebutu, who contested in the 2023 Ogun State governorship election, has yet to issue a personal statement following his release.

 

Continue Reading

Politics

Gov Okpebholo To Probe Mass Demolition of Homes During Obaseki’s Tenure

Published

on

Edo State Governor, Monday Okpebholo, has pledged to set up a Commission of Inquiry to investigate the controversial acquisition of community lands and demolitions carried out by the previous administration of Godwin Obaseki.

This announcement was made during Governor Okpebholo’s visit on Monday to the affected communities of Oke-Oroma, Irhirhi-Obazagbon, and Ogheghe, located in Oredo and Ikpoba-Okha Local Government Areas.

READ ALSO: Cholera Outbreak In Sokoto Claims 25 Lives, Over 1,000 Infected

The visit came two years after the demolition of over 100 houses in the area, which rendered thousands homeless and caused property losses estimated in billions of naira.

In his remarks, the governor emphasized his administration’s commitment to justice and accountability.

“I remember that during my campaign here, I promised to come back, and now I am here. We hate injustice in this administration. That is why we are here and happy to meet all of you. We will listen to your voices,” he said.

Okpebholo assured the residents that the inquiry would thoroughly examine the rationale behind the demolition and subsequent acquisition of the lands by the previous government.

The findings will guide actions to return the lands to their rightful owners, if deemed appropriate.

He added, “In the next few days, I will invite you to the Government House and back it up with actions. A few days from now, we will set up a Commission of Inquiry to look into this land issue so that we can return your lands to you after the findings.

“If Certificates of Occupancy (C of O) have been issued on the lands and the reports confirm this, I will revoke them and return the lands to the people.”

The governor also promised to prioritize security in the affected areas, stating, “Our responsibility as a government is to provide security.

I will speak with the appropriate authorities, and security personnel will come in here to restore peace.”

The controversial demolitions occurred in October 2022, under the administration of Godwin Obaseki.

At the time, the state government claimed it had legally acquired the 1,229 hectares of land in 2017 for a new urban project known as “Coral City.”

According to Chris Nehikhare, the then-Commissioner for Communication and Orientation, 106 structures were marked for demolition, with 24 slated to be repurposed as government offices.

However, affected residents disputed the state’s claims, insisting they had legally acquired their plots.

The demolitions led to widespread criticism, with many describing the government’s actions as unjust and heavy-handed.

The Coral City project, a planned urban development estimated to cost N20 billion for its first phase, was aimed at transforming the area with new infrastructure.

During an engagement in 2023, developers expressed optimism about completing the first phase within six to nine months, citing support from financial partners.

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.