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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.

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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.

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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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Kano Ex-Deputy Governor Gawuna Joins ADC After Resignation from APC

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By Yusuf Danjuma Yunusa

Nasiru Gawuna, the 2023 governorship candidate of the All Progressives Congress (APC) in Kano State, has formally joined the African Democratic Congress (ADC).

Gawuna, a former deputy governor of the state, received his membership card on Tuesday at his ward in Gawuna, Nasarawa Local Government Area. The event drew a large gathering of supporters and notable political figures, including former Governor Senator Rabiu Musa Kwankwaso, immediate-past Deputy Governor Aminu Gwarzo, and the state ADC chairman, Musa Ungogo.

Speaking after the registration, Gawuna thanked his supporters and party leaders, pledging his commitment to strengthening the ADC in Kano State.

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His defection follows a formal resignation from the APC, which he described as a personal and voluntary decision. In a letter dated March 29, 2026, addressed to his ward chairman, Gawuna expressed appreciation to the APC for the opportunity to serve.

The move also comes after his resignation as Chairman of the Board of Directors of the Federal Mortgage Bank of Nigeria, effective March 31, 2026. His departure from the role complied with a directive by President Bola Ahmed Tinubu requiring political appointees to resign in line with the provisions of the Electoral Act.

Gawuna thanked the president for the trust reposed in him, noting it was an honor to serve in various capacities, including as Pro-Chancellor and Chairman of the Governing Council of Bayero University, Kano.

Political observers view Gawuna’s entry into the ADC as a significant boost for the party, given his political influence and strong showing in the 2023 governorship election, where he secured 890,705 votes.

The development is the latest in a series of political realignments in Kano State ahead of the 2027 general elections, signaling continued shifts in the state’s political landscape.

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JUST IN: Senate Approves Tinubu’s $6 Billion Loan Request

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By Yusuf Danjuma Yunusa

The Senate on Tuesday approved President Bola Tinubu’s request to secure $6 billion in external loans, granting legislative backing for the facilities hours after the Executive formally sought approval to finance critical infrastructure and address fiscal gaps.

The approval followed the consideration of a report submitted by the Chairman of the Senate Committee on Local and Foreign Debts, Senator Aliyu Wamakko (APC, Sokoto North).

In a letter read during plenary, President Tinubu sought approval for two separate facilities: a $5 billion loan from Abu Dhabi Bank to support budget deficit financing and meet existing debt obligations, and a $1 billion loan from UK Export Finance through Citibank London to fund the rehabilitation of the Lagos Port Complex and Tin Can Island Port.

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According to the President, the port rehabilitation projects aim to address longstanding operational challenges, improve efficiency, enhance safety standards, support non-oil trade diversification, and position Nigeria as a regional trade hub.

Senate President Godswill Akpabio referred the requests to the committee for expedited consideration, a directive that culminated in Tuesday’s approval.

The latest borrowing comes amid the Federal Government’s sustained reliance on domestic and external loans to finance budget deficits. Four months ago, the National Assembly approved a separate request to raise N1.15 trillion from the domestic debt market to fund the 2025 budget deficit.

In its report, the Senate Committee on Local and Foreign Debts noted that the 2025 Appropriation Act provides for total expenditure of N59.99 trillion—an increase of N5.25 trillion from the Executive’s initial proposal—highlighting the widening fiscal gap driving the government’s borrowing strategy.

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El-Rufai’s Bail Hearing Adjourned to Wednesday as Security Tightens Around Kaduna Court

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By Yusuf Danjuma Yunusa

The Federal High Court in Kaduna has adjourned the bail hearing for former Governor Nasir El-Rufai until Wednesday, March 31. Justice Rilwanu scheduled the new date after hearing arguments from both the defense and prosecution.

El-Rufai was arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on a 10-count charge involving the alleged conversion of public property and money laundering. The former governor pleaded not guilty to all charges.

In a separate case, El-Rufai also appeared before a Kaduna State High Court on charges of abuse of office, fraud, and intent to commit fraud. The ICPC filed charge number KDH/KAD/ICPC/01/26 against him and one other defendant, Amadu Sule, from the Kaduna State Development Agency (LEDA).

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According to the News Agency of Nigeria, El-Rufai arrived at the Federal High Court premises at approximately 9:40 a.m. in the company of ICPC officers.

Security was heightened across the Kaduna metropolis ahead of the proceedings. Armed personnel from the police, the Department of State Services (DSS), and the Kaduna State Vigilance Service were deployed to strategic locations. Access to the court was restricted to accredited journalists and court officials, though media representatives were barred from entering the courtroom to cover the proceedings.

Counsel for El-Rufai, Abdul Adamu, declined to comment after the session, stating only that the case “has been adjourned till tomorrow.”

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