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Finally, Vice President Osinbajo Joins Presidential Race
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Nigeria’s Vice-President Yemi Osinbajo on Monday officially declared his intention to contest the 2023 presidential election.
He made the declaration in a short broadcast shared via his Twitter handle after months of intense speculations.
Osinbajo said, “In the past seven years, I have served as Vice President under a true Nigerian patriot, a servant of the nation in war and peace, and a man of integrity, President Muhammadu Buhari.
“We have, together, worked through some of the most difficult times in the history of our Nation, but we have remained focused on securing the country, providing infrastructure and growing our economy.
“As stipulated by the Nigerian Constitution, our tenure will end next year.
“In this period of seven years, I have served the government in several capacities, and have, at the direction of Mr. President, represented our country in sensitive high level international engagements. I have been to practically all local governments in Nigeria. I have been in markets, factories, schools, and farms. I have been in agricultural, mining and oil producing communities; in the Delta, in Kebbi, Enugu, Borno; Rivers, Plateau and Ondo; & in all other States of the federation, listening to the diverse experiences and yearnings of our people.
“I have visited our gallant troops in the North East and our brothers and sisters in the IDP camps. I have felt the pain and anguish of victims of violent conflicts, terrorist attacks, flooding, fire and other disasters.
“I have been in the homes of many ordinary Nigerians in various parts of the country. I have sat with our techprenuers in Lagos, Edo, and Kaduna, with our Nollywood and Kannywood actors; with our musicians, from Lagos, Onitsha, and Kano. And I have spoken to small and large businesses.
“I stood where they stood and sat where they sat. I know their hopes, aspirations and fears; and I believe that in those hopes and aspirations are the seeds for the great Nigeria that we all desire.
“I believe that the very reason why the Almighty God gave me these experiences, these insights, and these opportunities, is that they must be put to the use of our country and it’s great peoples.
“Which is why I am today, with utmost humility, formally declaring my intention to run for the Office of the President, Federal Republic of Nigeria, on the platform of our great party, the All Progressives Congress.”
Osinbajo, at a dinner he hosted at the Presidential Villa for the breaking of the Ramadan fast (Iftar) on Sunday, informed the APC governors of his plan to succeed his boss, Major General Muhammadu Buhari (retd.), whose tenure as President ends in 13 months’ time.
Osinbajo, who turned 65 last month, is a senior advocate of Nigeria and a former lecturer at the University of Lagos. He is also a senior pastor with the Redeemed Christian Church of God.
He began his public office career in 1988 as an Adviser (legal advice and litigation) to the Attorney-General and Minister of Justice, Bola Ajibola, a position he held for four years.
The Vice-President was appointed Attorney-General of Lagos State in 1999 by then Governor, Bola Tinubu, and held the position till 2007, implementing several judicial reforms.
He was nominated as Buhari’s running mate in 2014 and was elected alongside Buhari in 2015. During his seven-year tenure as Vice-President, Osinbajo served as acting President for more than 120 non-consecutive days while his principal was on medical leave in London between 2016 and 2018
Osinbajo will be contesting the APC Presidential primary against Bola Tinubu; the Minister of Transportation, Rotimi Amaechi; Ebonyi State Governor, Dave Umahi; and Governor Yahaya Bello of Kogi State.
Others in the APC who are rumoured to be nursing Presidential ambitions include: Ekiti State Governor and Chairman of the Nigerian Governors’ Forum, Kayode Fayemi; the Minister of Labour and Employment, Chris Ngige. The Governor of the Central Bank of Nigeria, Godwin Emefiele, is also considered a contender.
The Punch
The Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, on Thursday, criticised President Bola Tinubu’s “Emi Lokan” slogan ahead of the 2027 presidential election.
Makinde said Nigerians do not need “turn-by-turn nepotism”, arguing that voters should be free to decide who becomes the country’s next president in 2027.
The Oyo State governor spoke during the APM’s town hall meeting in Akure, Ondo State.
Makinde asked: “How can someone say ‘Eemi lokan’ in a country like Nigeria? You were given the opportunity. If you recall the 1999 presidential election, the South-West voted massively for Baba Olu Falae, but the rest of Nigerians voted for Baba Obasanjo. So, this is not an issue that only the South-West can resolve; it is an issue we must address collectively as Nigerians.
“We do not want ‘turn-by-turn nepotism’, nor do we want a situation where people say, ‘I will vote for projects because it is my turn’. You will not finish those projects, and when it becomes someone else’s turn, they will do the same thing. We will end up with a Nigeria where we cannot get value for the resources belonging to Nigerians.
“The Reset Nigeria agenda is about building a country where infrastructure development supports economic growth and addresses the concerns of young people and women.
“Once we fix our economy, no zone will be left behind, and no demographic group will be left behind.”
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has denied saying the Federal government will introduce a fuel tax when the economy stabilises and income levels improve.
In a post on X on Tuesday, Oyedele said his remarks during an interview with ARISE News was misrepresented, insisting that a “fuel tax is not on the table.”
However, during the interview with Rotus Odiri, ARISE News Business Correspondent, on the sidelines of the 2026 International Monetary Fund and World Bank annual meetings in Bangkok, Thailand, Oyedele said the tax would come when income levels improve enough for Nigerians to accommodate it.
He said taxes account for between 20 and 80 percent of pump prices in some countries, while many African countries impose between six and 10 different taxes on fuel products.
He said introducing fuel tax while petrol was still subsidised would have been counterproductive because government would effectively be paying the tax itself.
According to him, imposing the tax immediately after removal of petrol subsidy would be insensitive to Nigerians.
“The objective should be that instead of trying to suppress prices, which hasn’t worked for us, it hasn’t worked for any country in the world, not one. Instead of trying to suppress prices, think about how to grow income faster than prices rise,” Oyedele said.
“That’s how you bring prosperity and grow the middle class and that is exactly what we are doing as led by Mr. President himself.
“At the appropriate time, when the economy has stabilizes and income level will be able to accommodate it, those taxes will come. Not because we want to impose taxes,” he added.
In his Tuesday post, the minister reiterated that introducing a fuel tax at this time would be insensitive following removal of petrol subsidy, describing reports that government will introduce the levy when the economy stabilises as “fake news.”
A chieftain of the African Democratic Congress (ADC), and Deputy Director of the Presidential Campaign Council, Chief Dele Momodu, has described former Vice-President Atiku Abubakar as the most nationally formidable and experienced among the leading contenders for the 2027 presidential election.
Momodu said Atiku’s experience at the national level distinguishes him from President Bola Tinubu and former Anambra State Governor, Peter Obi.
He stated this on Wednesday during an interview on Eagle 102.5 FM, Ilese-Ijebu, in Abeokuta.
“If you look at the antecedents of the three major candidates, between Atiku Abubakar and Peter Obi, you will see that Atiku is the most experienced. He has managed our country at the highest level,” he said.
Momodu traced Atiku’s political journey to the 1992 Social Democratic Party (SDP), presidential primary where he contested against late MKO Abiola and stepped down for him.
He said Atiku accepted the outcome without crisis even after he was not picked as Abiola’s running mate, describing it as a mark of true democratic temperament.
“He is the only one who started from around 1992, contested the SDP primary against Abiola and stepped down with uncommon equanimity. He did not make any noise,” Momodu said.
He noted that Atiku was among the founders of the Peoples Democratic Party, PDP, and served as Vice-President from 1999 to 2007.
Comparing Atiku with Obi, Momodu argued that while Obi’s best was demonstrated in Anambra, Atiku’s was at the presidency level managing the national economy.
“Peter Obi has tried his best in Anambra, while Atiku’s best is at the level of vice president controlling the economy of Nigeria. The difference is clear. He has matured in experience and exposure,” he said.
Momodu also said President Tinubu’s experience was largely limited to Lagos.
“What I’m trying to say is that Tinubu’s experience was limited to Lagos, and that is why when he became president, he thought Nigeria was Lagos. And he has found out now that Nigeria is not Lagos,” he said.
He argued that the current economic hardship under the present administration did not show prosperity, insisting Atiku remained better positioned to lead the country.
“Well, we are yet to see that prosperity, and if yesterday would determine today and tomorrow, it is obvious that Tinubu should retire now and let someone else do it,” Momodu added.
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