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2023 Elections:Atiku Promises To Fight Hunger

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Former Vice President Atiku Abubakar with Dr Michael Olawole

 

The People’s Democratic Party presidential candidate in the forthcoming general elections Atiku Abubakar has promised to lead Nigeria out of darkness by stimulating growth that will create jobs and wage war against hunger if elected into power.

The former vice President made the pledge at the Private sector economic forum on the 2023 presidential election, which was hosted in Commerce House, Victoria Island Lagos today, by the Lagos Chamber of Commerce and industry.

In an address presented by the President of the Chamber, Dr Michael Olawale Cole, he warmly welcomed the participants and enumerated the status of LCCI which was established in 1888 as the foremost Chamber of Commerce and Industry in West Africa, representing over 70% of private sector organizations in Nigeria.

In his words, the President stated that “while the Chamber is non-partisan, we are however interested in the economic agenda of the candidates and their plans to make a better Nigeria in the next dispensation”. He promised that members of LCCI wish to contribute in setting a new economic order that can take the Nigerian economy from the doldrums and reemphasized that the gathering was necessary in order to fashion out new policy directions, institutional reforms and sound governance as critical elements toward creating a new economic order in Nigeria.

Illegal Haulage: Dangote Patrol team arrest, hand over errant Drivers to Authorities

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The president maintained that the Chamber has organized similar session in every election circle within the past 16 years as its public policy advocacy to provide a first-hand opportunity for the leading political parties to speak to the organized private sector on their economic blueprint for Nigeria. Dr Cole was vocal in highlighting the myriads of challenges confronting the nation which include oil theft, unsustainable subsidy regime, insecurity and the current foreign exchange crisis and mentioned the need for the incoming government to pay special attention in education, as that will determine the future of the Nigerian youths.

In his presentation titled “Nigeria dresses in borrowed robes”, the PDP presidential candidate Atiku Abubakar used the opportunity to acknowledge the President and members of the Chamber for initiating such an intellectual gathering where germane issues affecting the growth of the country are discussed.

He stated how comfortable he was in the midst of captains of industry, entrepreneurs and businessmen and women which as a private sector person, it was like a home coming to him which he simply defined as a meeting of like minds.

Atiku stated that in times of uncertainties, it is the hallmark of leadership for business and political actors to pause and anticipate before taking the next steps.

He maintained that our actions today will have consequences on our tomorrow and the day after.

The former vice president charged the audience to take stock of the assets of the present day government (if there are any) and liabilities (which will be huge!!) and take a position as the 2023 polls draw near. In his words, “it is also your responsibility to interrogate those who aspire to govern the country by assessing their understanding of the environment, their policy priorities and their strategies for dealing with a plethora of local and national issues from the mundane to the most complex”.

Atiku warned Nigerians not to allow political slogans to take the place of development plan; hence political propaganda on facebook, tweeter and Instagram is never a substitute for proper socio-economic and political agenda. He maintained that the private sector remains the key to any government’s development agenda and any administration that wants to succeed must always listen to them.

He emphasized that private sector leadership in driving growth is the first of the three key principles of his economic growth and development agenda for Nigeria.

The former vice President made an elaborate presentation with statistics on why Nigerian economy is crawling rather than growing and emphasized that under the present administration, our people are not working. He enumerated clearly that more Nigerians are poorer and more miserable today than in 2015, with high capital flight which he summarized by saying that Nigeria is being dressed in borrowed robes.

Atiku stated that these economic challenges have persisted because the APC led government indulges in a policy of blaming the opposition and external factors for Nigeria’s economic woes; hence an unprepared leadership fails to anticipate impending crisis and is always slow to react.

He stated that the evidence however is overwhelming that the country’s under-performance is largely attributable to leadership failures in the management of the state.

Having identified the key indices inhibiting economic and socio-political growth of the nation, Atiku mentioned the importance of a warm hand shake with the private sector as a strong productive and pro-growth private sector is needed to create wealth, generate employment opportunities and help to fight poverty.

He promised to do things differently if he is elected the resident of Nigeria, by supporting the private sector to drive growth. Atiku promised to establish strong partnership in investing in infrastructure, in creating jobs and improving income in the fight against poverty.

He promised to restore investor confidence in the Nigerian economy with a better coordinated fiscal monetary policy that will control inflation, stabilize the exchange rate and interest rates that will be supportive of business quest for credit.

The former vice President promised to break the jinx in infrastructure financing and undertake far reaching institutional reforms to engender efficiency and reduce administrative costs.

Atiku mentioned that he has a good grasp of the challenges bedeviling Nigeria and knows the root causes of the problems confronting the country which he classified majorly as self inflicted and promised to reverse the trend with determination.

In his final words, Atiku assured the audience that he is not a novice in economic reforms and economic management matters. In his words, “I have a history of economic reform and economic transformation. With me at the helm of affairs of this country, the good old days of prosperity will return” and warned Nigerians never to hand over their future to a green horn.

 

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Emergency Rule: Punch Editorial went overboard -CRP

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Senator Bola Ahamd Tinubu

 

A grassroot social political organisation, Concerned Rivers People, CRP has carpeted the Punch Editorial of April 15, 2025, declaring that it went overboard.

This was contained in a statement issued and signed by Alex Nwogu, Public Relations Officer of the Concerned Rivers People declaring that:

“Our attention has been drawn to an editorial in today’s Punch Newspaper, under normal circumstances, we could have ignored it but the narrative captured in the said editorial are misleading.

“It’s difficult to believe that the Editorial team did not do a thorough investigation that’s always associated with it before the said publication as structures of governance are set aside under Emergency Rule.

“The Sole Administrator is in place because of the State of Emergency. How is he expected to work with officials of the suspended Administration.

“Before then the Supreme Court had voided the Local Government Election that brought the sacked Council Chairmen. The question that the Editorial failed to address is; are those appointed from Akwa Ibom or Abia State?

“Or better still are they from anywhere close to Lagos or Ogun State? This the editorial adequately failed to thrash out.

“Again, from what purview is Punch trying to create an impression that there’s a hidden agenda in the whole arrangement in Rivers State?

“An Emergency Rule is simply:”an urgent, unexpected, and usually dangerous situation that poses an immediate risk to health, life, property, or environment and requires immediate action.

“The Sole Administrator has six months to bring about peace, reconcile aggrieved parties and ensured that residents life and property are secured.

“In what way has the Sole Administrator violated any of the rules as his first mission in Rivers State is to troubleshoot which he has been doing immediately he assumed office.

“The job of the Sole Administrator is to go to areas that there are troubles in Rivers and shoot at the trouble to bring about peace.

“The local government was one heavily troubled area and to bring about peace he appointed fresh administrators to peacefully run the affairs of the councils.

“Calling for the reinstatement of the suspended governor was the climax smirking that all is not well with the Editorial.

“Siminalayi Fubara was the purveyor and advocate of all that has transpired in Rivers State calling for his reinstatement barely two months after he was suspended creates a very wrong impression about the Editorial.

“CRP is demanding that the Punch Editorial should be reviewed and all necessary avenues should be explored to get the right information before jumping to press.

“It is not a healthy development for journalism that such an editorial should emanate from a reputable newspaper like Punch without weighing it from all angles.

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Federal Government Declares Public Holidays

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The Federal Government has declared Friday, April 18 and Monday April 21 as public holidays for Good Friday and Easter Monday, respectively.

The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

erior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

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Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender

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Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.

 

Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender.

 

One of the counts reads: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria legal tender) by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet with serial number (12345678) and you, thereby , committed an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.”

 

He initially pleaded not guilty to the charge, leading to his full trial.

 

Subsequently, the prosecution presented its first witness, PW1, Owolabi Oyarekhua Jude, an operative of the EFCC.

 

Led in evidence by the prosecution counsel, H.U. Kofarnaisa, Jude told the court that “the Commission received intelligence on the activities of a jewelry company called Unlimited Jewellers Limited, “whose owner is one Uzondu Precious Chimaobi.

 

“The Company, which deals in jewelry at Atlantic Mall, Chevron Drive, Lekki, Lagos intentionally tags and sells its products in Dollars as against the CBN Act, 2007 ,which stipulates Naira as the only legal tender in Nigeria.”

 

Continuing, he added that “ Subsequently, a covert operation was carried out , where an undercover operative of the Commission disguised as a customer to purchase a Diamond Nail bracelet that was tagged $6000 and bought it for $5700.

 

“The company refused to receive Naira and demanded Dollars as a means of payment. The payment was made and receipt was issued in Dollars . The owner of the company was arrested and taken to the Commission’s office.”

 

However, at the resumed sitting on April 14, 2025, the defendant opted to change his “not guilty” plea to “guilty.

 

Consequent upon his guilty plea, Kofarnaisa, prayed the court to rely on the evidence earlier given by the investigating officer, and admit the same in convicting the defendant.

 

Kofarnaisa, thereafter, tendered the defendant’s statement and other evidence to further prove his guilt and they were admitted by the court.

 

Justice Owoeye then adjourned till Tuesday, April 15, 2025 for ruling.

 

Delivering judgment, they found the defendant guilty and gave him an option of fine of N50,000( Fifty Thousand Naira) on count one.

 

The Judge sentenced him to four years imprisonment, with an option of fine in the sum of N600,000 on count two.

 

His Cartier Diamond wristwatch was ordered forfeited to the Federal Government of Nigeria.

 

The convict bagged his imprisonment when he refused to accept Naira by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet. He was charged to court and convicted.

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