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Pope Francis Describes Abortion As Hiring Contract Killer

Pope Francis

Pope Francis has compared having an abortion to hiring a “contract killer” saying “interrupting a pregnancy is like eliminating someone,”

Pope Francis said in an address to worshippers in the Vatican: “getting rid of a human being is like resorting to a contract killer to solve a problem. Is it just to resort to a contract killer to solve a problem?”

His comments departed from the prepared text for his homily delivered during his weekly audience on Saint Peter’s Square.

In his address, the Argentine pontiff complained of a “depreciation of human life.”

He cited wars, exploitation and what he called a culture of wastefulness, as well as abortion.

“How can an act that suppresses innocent life be therapeutic, civil or even human?” he asked.

Referring to abortion of unborn children with disabilities, Francis criticised advice given to parents who were told to terminate their pregnancies.

“Sick children are just like every other needy person on earth, just like an elderly person who needs help, or the poor who struggle to make both ends meet,” he said.

Francis this year opposed a bill that would have legalised abortion in his home country of Argentina.

In August a lay campaign group said thousands of Argentine Catholics had renounced their membership of the church to protest against his opposition to the bill.

Source: Punch

2019: Oshiomhole Faults INEC On Zamfara Primary, Vows To Present Candidates

National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has faulted the Independent National Electoral Commission (INEC) for declaring that the party is not ineligible to present candidates for the Governorship and National Assembly elections in Zamfara State, on the basis that primary elections were not held.

In a letter to the INEC today, Wednesday, Oshiomhole said that the electoral management body acted in error by taking decision to bar the APC from presenting candidates on a false premise.

The APC chairman said that contrary to INEC claims, primaries were held in the state and candidates emerged.

He insisted that the party would present candidates for the 2019 governorship and national assembly elections and would do so before the expiration of the INEC date for the submission of names of candidates.

Executive Order Becomes Law, Nigerians To Declare Assets, Pay Taxes On Them

Nigeria’s President Muhammadu Buhari

“Under the Nigerian law, every citizen has the duty to declare his or her income and assets and pay taxes on them but this, in most instances, has not been the case.

“The sad reality is that efforts to recover these taxes from defaulters through litigation are often frustrated by the complications caused by the change in the character and nature of such assets, insufficient financial intelligence, long delays in courts, among several other reasons.”

This was the verdict of President Muhammadu Buhari when he signed into law, new Executive Order (008), tagged Voluntary Offshore Assets Regularization Scheme (VOARS), which he said would take effect from Monday, October 8, 2018.

The new Executive Order is aimed at stepping up the regulations on money laundering and tax evasion by Nigerians of all classes.

By the order, Nigerian taxpayers who hold offshore assets and incomes are expected to, within a period of 12 months, declare voluntary those assets and pay taxes on them. When they do this, they should expect to derive certain specified benefits.

According to the order: “any taxpayer who truthfully and voluntarily complies with the conditions of the scheme, pays a one-time levy of 35 percent on the total offshore assets or pays all outstanding taxes, penalties and interest after forensic audit of their offshore assets and income shall obtain immunity from prosecution for tax offenses and offences related to offshore assets, among others.

“Equally, failure of any defaulting taxpayer to take advantage of this scheme shall, at the expiration of the scheme result in investigation and enforcement procedures concerning offshore assets anywhere in the world pursuant to information now readily available through automatic exchange of information between Nigeria and foreign countries.”

In accordance with the new order, the Federal Government, through the office of the Attorney-General of the Federation and Minister of Justice will set up a VOARS in Switzerland for all categories of taxpayers who have defaulted in the declaration of their offshore assets, payment of taxes due and collectible subject to the fulfillment of the terms and conditions as stipulated in the order, or any other subsequent complementary regulations that follow.

To avoid the abuse of this process, the Federal Government makes clear that the “scheme is open to all persons, entities, and their intermediaries holding offshore assets and are in default of their tax obligations in any way, including those who are not already under investigation by law enforcement agencies in Nigeria or any other country and have not been charged with any crimes including theft of public funds or obtaining offshore assets through corrupt practices.”

President Buhari at the signing of the Order into law, expressed optimism that the new scheme will help to facilitate the expedient regularization of offshore assets connected to Nigeria and lead to “a new expanded tax base for the Federal Government, and also fund the Nigeria Infrastructure Fund in Switzerland.”

Crises In APC: Governors Storm Aso Rock

Governors on the platform of the ruling All Progressives Congress (APC), today, Wednesday, stormed the Aso Rock Presidential Villa, Abuja, to ask President Muhammadu Buhari to intervene in the crises that have been festering in some States arising from the recent primary elections held in those states.

The APC governor, led by their chairman and Imo State governor, Rochas Okorocha, drew the attention of the President to the importance of personally intervening in the crises in view of the fast approaching general elections in 2019.

The governor, after more than an hour closed door meeting with President Buhari, told news men that they looked at issues concerning the primaries in States.

“In every democracy, one should expect some kind of disagreements and we have kindly requested that something be done to bring all warring factions together so that we can have a united party to face the challenges ahead.

“We are happy that the issue will soon take place. Most of the problems have been resolved except for one or two states where we have issues. Where it becomes more difficult, we asked  for Mr. President’s intervention in the matter.

“Our election this time, we will not engage in castigations. We will be talking on issues. Nigerians are tired of political abuses. What we want to be talking about are issues and track records of people involved in our elections.

“Nigerians are very wise now. Before they elect anybody, they will ask questions: what has been your track records, who were you before and who you are now and everything about you. For that reason, we are confident that in 2019, APC will pull through.”

Okorocha said that the governor also used the opportunity to congratulate the President for having emerged as the presidential candidate of APC in the 2019 election.

He said that the governors believed that it was a victory well deserved, adding that they reaffirmed their confidence in the President.

“We have come to request from Mr. President for a date for governors to come together with our followers and supporters to further inform the world of our readiness to deliver him in the 2019 election. This basically is the message we have come and to say that Mr President is more than ever ready for the entire exercise.”

2019: Presidency Vows Not To Engage In Empty, Noisy Campaign

The Presidency has made it clear that it is not prepared to engage in noisy campaign for the 2019 general elections even as it warned anybody who is preparing for noise to also prepare to receive defeat.

Answering questions from news men today, Wednesday at the Presidential Villa, Abuja, the Secretary to the Government of the Federation (SGF), Boss Mustapha said that Muhammadu Buhari’s government has performed creditably with evidences that will be shown to Nigerians.

“And this morning, I had the privilege of laying before the Federal Executive Council (FEC),a compendium of the policies and programmes and projects initiated and implemented by this government in two and a half years.

“It is a total of 1,042 page document containing facts and figures, not stories. They are facts of what we have been able to achieve and I think we have set the tone that this campaign will be driven by issues. This campaign must be predicated upon what you are able to bring to the table for the people of Nigeria.”

He described the All Progressives Congress (APC) as one big family, adding that the recent primaries would not divide the party.

“In a contest, there are bound to be winners and losers but in the spirit of the game of politics which is like any other sport after the game is over, whoever has emerged victorious must be magnanimous and gracious in his victory, and whoever has lost out should also accept it in the spirit of sportsmanship.”

Atiku, Rolling Stone Hits Target, By Yusuf Ozi-Usman

Honestly, I like the fighting spirit of Alhaji Atiku Abubakar, the Wazirin Adamawa.

It is the kind of spirit we had way back when we were kids. Those were the days we would go on hunting expeditions in nearby bush. We would go with catapults to hunt certain edible birds. When we sighted the birds, we would continue to pull the rubbers, strewn to Y-shape sticks and release the pebbles from them, but the preys would fly away, dodging menacingly flying pebbles. We would not be discouraged, but would keep repeating the same thing, chasing the frightened birds which would be flying from one tree branch to the other. Most times, after several trials, we would get them down, dead or half dead. And our mission would have been confirmed as fulfilled.

Recall that Atiku, the former Nigerian Vice President, originally on the platform of the Peoples Democratic Party (PDP), desirous of becoming the President of Nigeria, almost dribbled his then boss, President Olusegun Aremu Okikiola Obasanjo  ‘oko Stella.’ It is on record that as Vice President, Atiku tried to shove Obasanjo aside to inherit the presidency from Obasanjo, forcing him (Obasanjo) to even go down on his knees to beg Atiku to allow him to go for second-term.

Ever since then, Atiku had never rested nor blinked, but only that he was jumping from one political party to the other with only one aim: to be President of the country just the same way we did during our youthful pastime of hunting birds.

His sojourn saw him in the Action Congress (a political party with its base mainly in the South West). He managed to get the Presidential ticket of the AC, but he could not make it across to the next level.

Shortly after losing the election on the platform of the AC, Atiku returned to the PDP but threw it into confusion at the advent of the 2015 general elections. He broke away from the PDP to form newPDP which subsequently participated in the historic merger of the progressives to form the All Progressives Congress (APC) ahead of the 2015 general elections.

He did not fail to contest as aspirant, the presidency of the APC in 2014, but he came a distant third, after Muhammadu Buhari and Rabiu Musa Kwankwaso, one time governor of Kano State.

Still aiming to grab the prized number one position in the land, Atiku defected from the APC, along with almost all the leaders of the PDP with whom he defected in 2014 to form the APC back to the PDP. He re-strategized for the position with his attention well focused.

However, those who had remained in the PDP after the 2015 defeat by the APC; those who struggled to rebuild the party, and whom Atiku and his group left to leak the wound of defeat, did not seem to realize what was coming when Atiku returned. They took the dodged ambition of the Wazirin Adamawa for granted.

They include Ahmed Makarfi, Senator David Mark, Governors Nyeson Wike of Rivers State, Ayo Fayose of Ekiti, Ibrahim Dankwambo of Gombe State, Alhaji Sule Lamido, Ike Ekwerenmadu and a host of others.

Those are they who toiled, planned and prayed for the party not to go under, not to enter history as the largest party in the whole of Africa..

But they wrote Atiku off, at their own peril, as a rolling stone that would gather no moss. They never gave it a thought that Atiku was ever ready, I won’t say desperate, to give himself out or sacrifice anything, I mean anything, to clinch the post onto which he had put his life, especially so as it appeared that this time, in 2018, it could be the last time he would have the opportunity to attempt at fulfilling his dream. The age is not on his side.

And in Port Harcourt last week, while the governors, especially, that of the host state, Wike and Fayose planned to throw up their friend from Sokoto, Aminu Tambuwal as their choice for the Presidency and worked hard for it, Atiku played his ‘joker’ and got the prized party presidential ticket. He left the party’s re-constructors gasping for air.

How it happened, why it happened and what happened before and during the Port Harcourt political chess game doesn’t matter now. What matters really is, from here, where does PDP go? With the ticket of the party firmly in the hand of Atiku, who had spent nearly 12 years looking for it…?

Angry Tinubu To Afenifere’s Odumakin: You Are Suffering From Selective Amnesia

The National leader of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has said that the National Publicity Secretary of a Pan Yoruba Socio cultural group, Afenifere, Professor Yinka Odumakin is suffering from what he called selective amnesia, advising him that he needs a cure for his seeming selective comprehension.

Tinubu, who was reacting to Odumakin alleged misinterpretation of his speech the 2-day Conflict Resolution Summit, which ended yesterday, Tuesday in Abuja regarding his reference to herdsmen and farmers conflict in some parts of the country, that he took a full view of the range of short and long term options for an enduring peace in the incessant herders and farmers clashes.

Asiwaju swore that he did not mention South West in particular and that what he said was based on certain context thus: “unoccupied, isolated land can quickly be turned into grazing areas in the affected states.”

The former Lagos Governor argued that it is not only some states in the South West that are affected but several states across the country and then asked: “why Odumakin suddenly gets hot under the collar may not be far-fetched. The usual frenzy and self-righteous mentality he portrays is on full display.

“Perhaps, next time he should read through the whole submission and caution himself from self-righteousness and displaying in full glare anarchical emotions. And if Odumakin’s delusion still allows him to read, perhaps a read though of the full chunk of what I said at the summit will educate him better. It’s as follows:

SHORT TERM

The violence has thankfully subsided. Government must sustain wise policy and action to keep peace and prevent violent recurrences.

1. Government must maintain reasonable and effective military and law enforcement presence in the affected areas. This presence should work with leaders of both the herder and farmer communities as well as traditional and religious leaders.

2. Government should develop a comprehensive remedial/rehabilitation strategy for victims of the violent crisis.

3. Government must help herders gradually shift from their traditional nomadic existence to a more static lifestyle.  We have to face the reality that modernity is making the nomadic way counterproductive and inefficient.

Unoccupied, isolated land can quickly be turned into grazing areas in the affected states. In the long run, this will enable herders to better maintain their livestock and thus their own livelihoods.

4. Government should establish a permanent panel as a forum for farmers and herders to discuss their concerns and identify ways to mitigate contention.  This will also help educate the general public.

LONG TERM

1. Nigeria needs to take the lead for Africa in international community for dealing with climate change.

2.  Water catchment and conservation systems must be developed. This includes the prudent use of dams and irrigation sub-systems maintainable at the local level.

3. More water efficient farming techniques must be employed.

4.  Projects to protect the land for additional desertification must take adequate priority.

These recommendations are suggestive and not at all comprehensive. However, I think they convey the idea that dealing with the immediate crisis is essential. But we also must position ourselves to deal with these larger forces which are at the deepest root of this challenge.  If we cannot get to this root, our short-term efforts may be successful but over time they will be of decreasing utility.

This is a problem that is mostly not of your doing but one that you must solve for the future of this nation and its people.  If you allow your greatness as a nation to show, you shall succeed in securing the benefits of a good life and suitable environment people for generations to come. That is the Nigeria I see and believe in.”

Minimum Wage: Federal Govt, Labour Have Not Agreed On Any Figure Yet – Minister

Minister of Labour and employment, Chris Ngigi

The Federal Government has said that it had not reached any consensus with the Labour Union leaders on the actual figure as the minimum wage for the workers in public and private sectors of Nigeria.

The Minister of Labour and Employment, Chris Ngige, who spoke to news men today, Wednesday at the Presidential Villa, Abuja, said that negotiations are still ongoing as the different groups involved have agreed on different figures as minimum wage.

According to him, the labour leaders agreed on N30,000, the private sector agreed on N25,000 while the Federal and State governments agreed on N24,000 and N20,000 respectively.

He said that negotiations will continue as they plan to harmonize the agreements reached tomorrow, Thursday, adding that in accordance with Convention 131 of the International Labour Organisation, the most important thing to consider in fixing the new minimum wage is the ability to pay.

2019: Atiku vs. Buhari By Reuben Abati

There has been some clarity about Nigeria’s 2019 Presidential election, with the end of the October 7 deadline set by the Independent National Electoral Commission (INEC) for the conduct of party primaries at all levels. On Saturday, the ruling All Progressives Congress (APC) at its convention held in Abuja, ratified the choice of incumbent President Muhammadu Buhari as its flagbearer, with a curious vote tally of 14. 8 million. President Buhari and his supporters have continuously left no one in doubt that they intend to have a second shot at power and office. The number of party members across Nigeria who endorsed the Buhari candidacy has however raised eyebrows. 14. 8 million! In the 2015 elections, that was a little less than the same number of total votes that the incumbent got in a nationwide general vote. What is the actual number of persons on the party’s membership register – 15.6 million? Concerned observers have argued that this is an indication of the determination of the ruling party to rig the 2019 Presidential elections, in favour of a 75-year old candidate to whom they insist, there is no alternative. The No-Alternative talk is of course the height of sycophancy and the extent of its idiocy has now been exposed.

Just as the APC held its convention over the weekend, other political parties participating in the 2019 general elections were also busy choosing their own candidates, and now we have on the field, the following Presidential candidates:  Atiku Abubakar (People’s Democratic Party), Donald Duke (Social Democratic Party), Olusegun Mimiko (Zenith Labour Party), Omoyele Sowore (African Action Congress), Kingsley Moghalu (Young Progressives Party),  Fela Durotoye (Alliance for New Nigeria), Tope Fasua (Abundance Nigeria Renewal Party), Eunice Atuejide (National Interest Party), Adesina Fagbenro-Byron (Kowa Party), Eniola Olajuni (Alliance for Democracy), Gbenga Olawepo-Hashim (Alliance for People’s Trust), Obadaiah Mailafia (African Democratic Congress), Alistair Soyode (Yes Electorates Solidarity), Hamza Al-Mustapha (People’s Party of Nigeria), Chike Ukaegbu (Advanced Allied Party), Ahmed Buhari (Sustainable National Party), Usman Ibrahim Alhaji (National Rescue Movement), John Ogbor (All Progressives Grand Alliance), Yabagi Sani (Action Democratic Party), Moses Shipi (All Blending Party), Peter Nwangwu (We the People of Nigeria), Edozie Madu (Independent Democrats) and Obiageli Ezekwesili (Allied Congress Party of Nigeria). Twenty-six Presidential candidates so far, except any one has been overlooked in our list.

What we know is that this is probably the most demographically diverse Presidential contest line-up in Nigerian history – an indication of the people’s determination to participate in the country’s political process at the highest level. From a 35-year old Ukaegbu to Buhari who is officially 75, the refrains in Nigeria’s emerging democratic process, deducible from the names of the political parties are “action”, “progressive”, “new”, “renewal”, “alliance”, “sustainable”, “rescue”, “people”, “democracy”, “democratic”, “blending”.  This is in keeping with the mood of the opposition in the country. The people, as reflected in the political parties’ nomenclature, want a new Nigeria, change and progress. It is an obvious comment on the performance of the incumbent administration.

The point has been made, and it is a useful one, that whereas there has been increased interest in the Presidential race, particularly given the number of young candidates inspired by the Not-Too-Young-To-Run law that was passed in May 2018, in reality, the 2019 Presidential race in Nigeria is bound to end up as a two-horse race.  Only two of the many political parties- the APC and the PDP- have the following, the structures, resources, and the necessary brand recognition to be able to put up a good showing. The PDP was in power from 1999 to 2015. It was displaced in 2015 by an alliance of political parties that took the name: All Progressives Congress. Today, the APC is the party in power and its candidate is President of Nigeria. Both the APC and the PDP are in charge at the state level and they both control the majority of seats in legislative assemblies across the country. Many of the other political parties in the race are products of alliances and mergers but as at this moment, there is not yet a compelling alliance or merger, such as in the case of the APC in 2015, that can threaten the dominance of two political parties – the APC and the PDP. Some of the emergent Presidential candidates are political tyros, but who nevertheless bring a freshness of ideas and style to the unfolding contest.

What we see with plain-sight certainty is that the 2019 Presidential election in Nigeria is bound to be a strong fight between the APC and the PDP and between former Vice President Atiku Abubakar and President Muhammad Buhari, indeed more of a beauty contest between the latter. There is not much difference between the two political parties, Nigeria’s politics is hardly driven by any ideology only by symbols. The APC uses the broom as a symbol, the PDP the umbrella, that is the only known difference, the truth is that members of the two were all either a member of one or the other at a point in their political careers. Former Vice President Atiku has been in both parties crossing from one to the other in the last four years. President Buhari has been previously a member of the ANPP, later the CPC, before joining the APC. While the people may not see a difference between six and half a dozen, they will make a choice on the basis of the personalities and perception of the two leading candidates. Except the unexpected occurs, the next President of Nigeria will either be incumbent President Buhari, who will be running for President for the fifth time, or Alhaji Atiku Abubakar who previously sought the same office, without success.

Both candidates are of Northern and Fulani extraction which fits into the country’s unwritten geo-politics. Atiku is from the North East state of Adamawa. Buhari is from the North Western state of Katsina. To the average, majority-group, Northern voter, a major calculation in Nigeria’s ethnic and religious politics, the emergence of Atiku and Buhari means that power will remain in the North for another four years if Buhari wins, and possibly eight years more if Atiku wins. Both men are also Muslims. Both men are also septuagenarians. Atiku is 71. Buhari is 75. The younger Presidential candidates will seek to make heavy weather out of this, but it may not count for much in the contest. Both men have had significant experience at the highest level: Buhari as military Head of State (1983-85) and Atiku as Vice President to President Olusegun Obasanjo (1999 -2007). One of the major issues to look forward to is the health status of the two main candidates. The incumbent has been in and out of hospital in the course of the last three years, spending close to 100 days out of the country in one notable instance. Atiku in comparison, appears much healthier, except any damaging medical report shows up before the crucial vote.

Buhari’s handlers have lost the “No-Alternative” argument. On paper and going by the facts, Atiku presents a very formidable alternative. His emergence as the standard-bearer of the PDP is strategic. PDP members have chosen wisely. The PDP has been struggling for survival since it lost power at the centre in 2015. The return of some of the key politicians who defected from the party: including Senator Rabiu Kwankwaso, and Senator Bukola Saraki helped to place the party on the path of revival. Atiku’s emergence as Presidential candidate has strengthened that process. Atiku has all that it takes to build bridges across the divides within the party and lead a robust campaign against President Buhari. The President’s men will seek to campaign on the platform of integrity. They will argue that Buhari deserves a second term because he has been able to wage war against corruption. They will paint Atiku as greedy and corrupt, and insinuate that a vote for both the PDP and Atiku will be a vote for corruption. This is at best a time-bound cliché. The Atiku team should be able to mobilise compelling and damaging counter-narratives.

The Buhari campaign is vulnerable on another score: performance. President Buhari came to power in 2015 with the promise that he would run a government of CHANGE, offer Nigerians a better life and greater hope. He was seen as a messiah. For the first time in his bid for the Presidency, he was embraced by every major constituency in the country. Better known as a provincial political leader, he received impactful support from the South West, the East and the North, and was projected as a truly national politician and a remodeled democrat. But as it happened, Buhari and the APC over-promised and under-delivered. They promised to fight corruption. Public opinion is grossly divided on that. They said they will fix the economy.  They have presided over one of the worst economic seasons in Nigerian history. They were sure that security would no longer be a problem given Buhari’s background as a military leader. Instead, Nigeria’s security problems became worse. In 2014/2015, Buhari had the support of Nigeria’s former leaders – military and civilian – who thought he would make a better President than President Goodluck Jonathan. He has lost that support. He has since received letters asking him to shape up or ship out, or better still, to forget seeking a second term in office. He has not heeded that advice. Civil society has also changed its mind about the promise that he held out. The international community is not impressed either.

On all counts, Atiku Abubakar stands a good chance. In Nigerian politics, the maxim that “the taste of the pudding is in the eating” also rings ever so true. But his golden moment lies ahead of him. Fears that his emergence as PDP Presidential candidate could cause friction within the PDP did not materialize. The other interested candidates not only embraced him, they promised to work with him to ensure the victory of the PDP in 2019. Atiku has the support of Nigeria’s leadership elite, including the extremely influential class of retired Generals. His boss, President Olusegun Obasanjo who once wrote him off has not objected to his emergence. Obasanjo is an astute political pragmatist. He has not minced words in saying that Buhari does not deserve a second term.  He clearly also understands that personal differences apart, an Atiku Presidency will in many ways, be  an extension of the Obasanjo legacy. If there is any other political legacy that Atiku knows, it invariably hacks back to Obasanjo. Atiku came to limelight through the Shehu Yar’Adua political machinery: the People’s Front of Nigeria (PFN) which later became the People’s Democratic Movement (PDM). Yar’Adua who was murdered in prison, by the Abacha government, used that platform to build bridges across Nigeria. Obasanjo was Yar’Adua’s friend, they were both Abacha’s prisoners, and he would later prove his loyalty to the man who previously served him as Chief of Staff, by anointing his junior brother, Umaru Yar’Adua as Nigeria’s President in 2007.

It was Atiku Abubakar not Umaru Yar’Adua who inherited the Shehu Yar’Adua political machinery. In fairness to Atiku, he has kept that machinery alive, oiling it, over the years, such that there is no part of Nigeria where you do not have a PFN-PDM cell. Atiku’s emergence has automatically re-activated those cells. In comparison, Buhari has no political machinery of his own other than his folk hero status among Northern youths. The educated ones among those Northern youths are now rebelling against him. There is a class of young Northern intellectuals, educated in some of the best universities around the world who have the capacity, I mean the intellectual heft, to assess every argument or proposition on its own merits. They have turned against Buhari. They resent the triumph of the stereotypical Northerner under his watch. They feel insulted. They are unimpressed by the small games that Nigerian politicians play. They, not even the Lagos-Ibadan press will be Buhari’s main undoing in the months ahead. I cannot confirm that they are over-awed by Atiku either. They will probably classify him as a better representative of the North.

Atiku is cosmopolitan. He has since leaving office in 2007, opened himself up to ideas, and the modernist world. Significantly, he has not branded himself as a cattle-rearer. He has investments in education, agriculture, maritime and other sectors of the economy. There has been no complaint about his emergence as PDP Presidential candidate from Corporate Nigeria – that wing of Nigerian politics populated by deluded egoists who think money is everything- and that is understandable. Corporate Nigeria knows that its leaders can have a comfortable conversation with Atiku because he has a working and practical knowledge of how the Nigerian economy works. He once headed the country’s Economic Management Team and he superintended over Nigeria’s privatization process. Nobody will have to speak to him in Hausa language to explain the meaning of simple economic terms.

Politically, even members of the ruling All Progressives Congress see Atiku Abubakar as one of their own. There is no major player in this country who has not had the opportunity of interacting with Atiku at one level or the other. To every other constituency, Atiku is saying that Nigeria must be restructured. He poses a real threat to President Buhari’s second term ambition. Senator Kwankwaso, now the main PDP politician in Kano State, will divide the votes in Kano in Atiku’s favour. The South East and the South South may not vote for Buhari. In the South West, Asiwaju Bola Tinubu, the Godfather of Lagos State politics, has every reason to give Buhari “an Ambode treatment.” The Atiku Challenge is real and bankable. The only option available to the incumbent is rigging! While nobody in the Buhari camp can afford the luxury of laughter, me, I just dey here dey laugh. I will tell the story in print  and on television.

Forex: Wholesale Segment, Others Get $210 Million Boost

Isaac Okorafor, CBN spokesman

Central Bank of Nigeria (CBN) has offered authorized dealers in the wholesale segment of the inter-bank foreign exchange market the sum of $100 million to meet the needs of customers.

The CBN has also allocated the sum of $55million each to the Small and Medium Enterprises (SMEs) and the invisibles segments.

The figure for the invisibles  was meant for customers requiring it for tuition fees, medical payments and Basic Travel Allowance (BTA) amongst others.

The Director of Corporate Communications of the apex bank, Isaac Okorafor said that the bank’s continued intervention in the inter-bank sector was aimed mainly at ensuring adequate liquidity in the market, even as he noted that there was not much pressure on the naira.

This was even as the naira had continued to maintain its steady rate against major currencies around the globe, exchanging for N361/$1 in the BDC segment of the market as at yesterday, Tuesday.

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