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Atiku is cosmopolitan person, I don’t believe he will fail like Buhari says Alex Kadiri

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Behold Atiku’s Economic Blueprint

 

***Advocates for rotational Presidency to be part of electoral law so that Ibo man can be President

Following the emergence of former Vice President Atiku Abubakar on Saturday as the Presidential flagbearer of the Peoples Democratic Party (PDP) Senator Alex Usman

Kadiri, an APC stalwart, who represented Kogi East from 1999 to 2003 has said his prediction of another Fulani President in 2023 is gradually coming to pass.

The elder statesman had predicted that based on the capacity to garner votes, Atiku is the only politician in PDP today that is assured of at least 8million to 12 million votes even if he does not go out for the campaign.

He said every political party aspires to win the Presidency hence they cannot just give their ticket to anybody who will go and mess it up.

“About a month ago, I told you we are going to have another Fulani President After Buhari whether we like it or not and my prediction is coming slowly to reality assuredly.

“Atiku as a man has a broader mind than Buhari, he is a cosmopolitan person, his first wife is Yoruba, most of his good friends are Ibos or Yorubas, and he even has another wife who is Ibo. He has businesses in Port Harcourt, Lagos, and Yola. He is a well-traveled person, he is an enlightened person. I think if we must tell ourselves the truth he will make a better President than Buhari.

“Buhari is from my Party, I am APC but I must criticize where I think it is right for me to criticize because I am an 80 years old man, I can’t pretend. As far as I am concerned Buhari has been a failed President I don’t believe that Atiku would fail like Buhari even though he is also a Fulani man

On the clamor for Ibo Presidency, he said,

“My wife is Ibo, I have nothing against the Ibos, more Ibos come to my house to argue with me politically than even my Igala People. I have told them the story. Today, Tomorrow no party that wants to win the Presidency of Nigeria will want to give their ticket to an Ibo man because there is no Ibo man who can bring 10 million votes, in fact, those in the ring now none of them can bring 2million votes to a party.

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“Look at what happened in the PDP presidential primary there were 95 Ibo delegates, and the Ibo man who scored votes got 14 votes so even among the 95 delegates. Even the Ibos didn’t believe in him. That is what they did to Peter Obi.

According to him, The only way an Ibo man can become President is not through these high sounding English and insults they pour on people, they should prevail on their representatives in the national Assembly to lobby their colleagues to put rotational presidency in the electoral law if putting it in the constitution would be cumbersome.

“They should insert in the electoral law that the Presidency of Nigeria must rotate from zone to zone, somebody from North East must be President let it move to South West, to South East, South South and to the North Central.

“I am saying this because that is the only way I can see an Ibo man becoming President of Nigeria.

“Yet they are full of insults, they believe they are more educated. Every part of the country now has educated people. Yes, they are better in business but governance is not business the way they are looking at it.

So if there is provision in the electoral law that says the Presidency must rotate from zone to zone, let each zone have five-year tenure, they can even start from the South East after these series of elections then an Ibo man will become President of Nigeria but let me tell you, the day we zone that to the south East they will kill themselves.

“How can Ohaneze Ndigbo say that no Ibo man must accept the Vice Presidency of Nigeria? Whether they accept or not the Presidential candidate must pick someone from anywhere he likes and he can still win the election.

“Look at the point I am making, the same Ohaneze threatening Atiku that he will not get any vote from the South East. They commit themselves to things they know they can enforce.

“How can somebody sit in Enugu or Aba and say that they Ohaneze will ask all Ibos above the age of 18 not to vote for a particular person, that is being Naive.

“Don’t they know that if an Ibo man becomes a candidate of any party tomorrow the Hausa Fulani can also decide that they would not vote for the Ibo man? It is not possible.

“I am saying they should amend the electoral law or the constitution whichever is easy so that the Presidency can rotate from zone to zone if not as it is today, parties are looking for those who can win elections for them.

“They are looking at somebody who can have residual votes to give them. If they don’t do what I am suggesting then nobody from North Central can ever aspire to be President of Nigeria because the Hausa Fulani will not vote for him, even the Ibos who are making all these noises will not vote for him, the Yorubas will not vote for him.

“Our people can only get to the Presidency via a coup and coups are no longer fashionable if nobody from North Central can become President based on the constitution or the current electoral law. So we are blocked.

“Now the south South can align with the Hausa Fulani and one of them can emerge. Goodluck Jonathan became President because he aligned with the late Yaradua.

“After five years when people forgot about Yaradua what became his fate?

So I will advocate that the electoral law should be amended through an act of the national Assembly to create room for the zoning of the Presidency from one zone to the other, turn by turn and in the process we should exclude the NorthWest and the South West from being number one or two, we can start from South East followed by North Central and them North East, South South before we go back to South West and the North West. We can not continue like this.

“Ibos can never be President of Nigeria by hauling insults at people. They cannot threaten anybody, all these their empty threats I tell them I will be 80years next month, you cannot threaten me to vote for you. You have to convince me that you can be President of Nigeria.

On the Biafra issue he said the Biafra Ojukwu fought for included today’s Rivers State, Cross Rivers, Akwa Ibom, Rivers and Delta States. “You cannot go to Portharcourt today and talk to the Rivers man that he is going to be part of Biafra, you cannot do the same in Bayelsa, you can go to Akwa Ibom or Cross River and make claims on television and in Abuja here that you are fighting for Biafra.

“If you are fighting for the South East to Become a Country, then name the States that are going to be part of this Biafra. Not the old Biafra that Ojukwu had in mind. Those days are gone, those States are gone.

Politics

Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes

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In an effort to reduce Nigeria’s debt burden and stabilize the economy, President Bola Tinubu announced on Monday that the country’s debt service-to-revenue ratio has fallen from 97 to 65 percent over the 17 months since he took office.

Speaking at the swearing-in ceremony for seven new ministers at the State House, Abuja, Tinubu emphasized the government’s progress in stabilizing the economy despite challenging conditions.

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“For us, it was a challenge when the nation was servicing its debt with 97 percent of its revenue. It was nothing but the edge of the cliff,” Tinubu said.

“But today, I can report to you that we have brought that down to 65 percent, and we have never defaulted in meeting all obligations, both foreign and domestic.”

His remarks follow Afreximbank’s recent projection that Nigeria’s debt service-to-revenue ratio could reach 110.4 percent by 2024.

Afreximbank’s 2024 Nigeria Country Brief warned of a troubling upward trend in debt servicing, which could see the ratio surge from 33.8 percent in 2017 to a projected 110.4 percent next year.

However, with continued reforms, the report suggested the ratio might decline to 62.6 percent by 2025.

In the first nine months of 2023, debt servicing consumed 66.9 percent (₦5.79 trillion) of Nigeria’s total revenue, a slight improvement from 99.3 percent (₦4.23 trillion) during the same period in 2022.

Tinubu, while optimistic about economic recovery, acknowledged the ongoing struggles faced by Nigerians due to a sharp increase in the cost of living triggered by recent economic reforms.

“We have taken the bull by the horns,” the President asserted. “We have stopped the scavengers. We will fully put an end to the profiteers and smugglers of our resources across the country. We are not shirking our responsibility; we are confronting it head-on.”

He further expressed confidence that Nigeria was on a “good path” toward recovery, emphasizing that the government remains committed to re-engineering the economy.

He cited the introduction of a new minimum wage as one measure aimed at mitigating rising living costs.

Monday’s ceremony also saw the swearing-in of seven new ministers, part of a recent cabinet reshuffle.

In two batches, ministers including Idi Maiha (Livestock Development) and Dr Jumoke Oduwole (Industry, Trade, and Investment) took their oaths.

The reshuffle, which saw 10 ministers reassigned, five discharged, and seven new appointments confirmed by the Senate, reflects Tinubu’s stated commitment to reshaping his cabinet to meet Nigeria’s evolving challenges.

As the administration continues to implement reforms, President Tinubu emphasized a long-term vision for economic sustainability, not only for the current generation but also for future ones.

“Despite the challenges, we must undertake the job of re-engineering and retooling this country’s economic path,” he said.

 

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Edo Deputy Gov, Omobayo Ordered To Court Over Refusal To Vacate Office

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A Federal High Court in Abuja has mandated that Godwins Omobayo, the Deputy Governor of Edo State, appear in person on November 26, 2024, following allegations of contempt of court stemming from his failure to comply with a previous ruling.

Justice James Omotosho issued the order on Monday, asserting that Omobayo, described as the alleged contemnor, must be afforded a fair hearing in accordance with Section 36 of the 1999 Constitution (as amended).

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The court action was initiated by Philip Shaibu, who was reinstated as Deputy Governor after the court invalidated his impeachment by the Edo State House of Assembly on July 17.

Justice Omotosho ruled that the impeachment proceedings lacked due process and that the grounds for Shaibu’s removal did not constitute gross misconduct.

Shaibu’s suit targets several parties, including the Inspector-General of Police and the Edo State House of Assembly, seeking enforcement of the court’s judgment and demanding that Omobayo vacate the deputy governorship position.

Omobayo assumed office on April 8, following Shaibu’s impeachment.

During the court proceedings, it was revealed that Omobayo was served legal documents but failed to appear.

In response, Shaibu’s attorney, Ayotunde Ogunleye, SAN, urged the court to compel Omobayo’s attendance, citing the need to uphold judicial authority.

In delivering his ruling, Justice Omotosho adjourned the case until November 26 for further proceedings.

He directed that hearing notices be served to the 1st, 2nd, 3rd, and 5th defendants involved in the charge.

“In the interest of justice and to provide the alleged contemnor with an opportunity to defend himself and receive a fair hearing, in accordance with Section 36 of the 1999 Constitution (as amended), I hereby order that the alleged contemnor appear in court in person on November 26, 2024,” the judge stated.

It is noteworthy that the current tenure of the state government is set to conclude on November 12.

 

 

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Presidency Fires Back At Atiku

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On the heels of the salvo fired by the presidential candidate of the Peoples Democratic Party (PDP) in Nigeria’s 2023 elections, Atiku Abubakar, signalling what might be a long-drawn hot exchange of words, the Presidency has made what it called ‘our initial response to Alhaji Atiku Abubakar’.

This was contained in a statement put out on micro-blogging site, X, Sunday by the Special Adviser to the President (Information and Strategy), Bayo Onanuga.

The former vice president had detailed the shortcomings of the President Bola Ahmed Tinubu administration, making efforts to detail what he would have done differently, that would have better results for Nigeria.

In a swift response, the Presidency countered that Atiku and his ideas “were rejected by Nigerians in the 2023 poll”, based on his antecedents.

The statement reads, “OUR INITIAL RESPONSE TO ALHAJI ATIKU ABUBAKAR

“We have just read a statement credited to former vice president Alhaji Atiku Abubakar, in which he tried to discredit  President Bola Tinubu’s economic reform programmes while pushing his untested agenda as a better alternative.

“First, Alhaji Atiku’s ideas, which lacked details,  were rejected by Nigerians in the 2023 poll.

“If he had won the election, we believe he would have plunged Nigeria into a worse situation or run a regime of cronyism.

“Abubakar lost the election partly because he vowed to sell the NNPC and other assets to his friends.  Nigerians have not forgotten this, nor would they be comforted by Atiku’s antecedents when he ran the economy in the first term of President Olusegun Obasanjo’s government between 1999 and 2003.

“As vice president, Atiku supervised a questionable privatisation programme. He and his boss demonstrated a lack of faith in our educational system, and both went to establish their universities while they allowed ours to flounder.

“Talk is cheap. It is easy to pontificate and deride a rival’s programmes even when there are irrefutable indices that the economic reforms yield positives despite the temporary difficulties.

“Despite the futile attempt to hoodwink Nigerians again in his statement, it is gratifying that the former Vice President could not repudiate the economic reforms pursued by the Tinubu administration because they are the right things to do.

“His advocacy for a gradualist approach only showed that he was not in tune with the enormity of problems inherited by President Tinubu.

“It is so easy to paint a flowery to-do list. It is expected of an election loser.

“President Tinubu met a country facing several grave challenges. Fuel subsidies were siphoning away enormous resources we could ill afford, and there was criminal arbitrage in the forex market.

“No leader worth his name will allow these two economic disorders to persist without moving to end them surgically.

“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago by Alhaji Abubakar and his boss when they had the opportunity.

“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this as it resonates well with our administration’s focus. President Tinubu has consistently emphasised the need for compassion and protection of the most vulnerable.

“The administration has prioritised social safety nets and targeted support for those affected by recent economic transitions.”

 

 

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