Connect with us

Headlines

Finally, Vice President Osinbajo Joins Presidential Race

Published

on

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

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Atiku Tackles Obasanjo over Impeachment Sponsorship Claims Involving Na’Abba

Published

on

Former Vice President Atiku Abubakar has questioned why former President Olusegun Obasanjo waited until after Ghali Umar Na’Abba’s death to allege that he paid the former House of Representatives Speaker N5 million to initiate impeachment proceedings against him.

Atiku said raising the allegation when Na’Abba could no longer respond denied Nigerians the opportunity to hear the other side, describing it as a politically motivated attempt to damage his reputation and boost the electoral fortunes of Obasanjo’s unnamed kinsman ahead of the 2027 presidential election.

Obasanjo alleged in a letter to former Governor of Ogun State, Olusegun Osoba that Atiku invited Na’Abba to the Presidential Villa while he was away and convinced the former speaker that he should serve only one term.

The former president claimed the alleged payment formed part of Atiku’s attempt to seize power by “hook or by crook”.

However, Atiku rejected the allegation as politically motivated in a statement issued on Friday by his Senior Special Assistant on Public Communication, Phrank Shaibu.

The African Democratic Congress (ADC) presidential candidate aid the timing of Obasanjo’s allegation showed that it was intended to influence the political contest ahead of the 2027 general election.

Atiku accused his former principal of attempting to tarnish his reputation to give an unfair political advantage to an unnamed kinsman.

“Coming at a time when the political landscape ahead of the 2027 general election is taking shape, the obvious objective is to besmirch my person and reputation and confer an undeserved political advantage on the former President’s kinsman,” he said.

Atiku argued that Nigerians were too discerning to be distracted by an allegation revived for political convenience.

He challenged Obasanjo to openly identify and support his preferred presidential candidate instead of attempting to shape public opinion through claims that could no longer be independently tested.

“If former President Obasanjo has chosen to take a political position ahead of 2027, he should simply declare it and allow Nigerians to judge it on its merits,” Atiku said.

The former vice-president questioned why Obasanjo waited until after Na’Abba’s death to repeat the allegation, saying the timing denied Nigerians the opportunity to hear the former speaker’s version of events.

He also maintained that the bribery allegation had no judicial or official backing.

Atiku argued that Obasanjo’s government controlled the full powers of the Nigerian State and could have investigated and prosecuted any criminal conduct if credible evidence existed at the time.

“If there was indeed evidence of any criminal conduct as alleged, Nigerians are entitled to ask why no action was taken at the time by a government that wielded the full powers of the Nigerian state,” he said.

Atiku linked Obasanjo’s continued hostility towards him to their disagreement over the alleged attempt to secure a third presidential term.

He said he opposed the plan because it threatened Nigeria’s constitutional democracy and refused to sacrifice democratic principles for Obasanjo’s personal ambition.

The ADC leader recalled that he successfully challenged actions taken against him by the Obasanjo administration through a series of court cases.

“Rather than surrender democratic principles on the altar of personal ambition, I defended the Constitution and successfully asserted my rights through the courts in a series of landmark legal victories against a sitting President,” he said.

Atiku described those legal battles as an important part of Nigeria’s democratic history, insisting that Obasanjo had not overcome the bitterness created by their confrontation.

He said he would not allow himself to be dragged into a prolonged dispute over past political battles while Nigerians faced worsening economic hardship, hunger, unemployment and insecurity.

Atiku said his attention remained on presenting credible alternatives, protecting democracy, demanding accountability and working with patriotic Nigerians to restore competent and transparent leadership.

“Nigerians deserve solutions to today’s problems, not recycled political tales from yesterday,” he declared.

Continue Reading

Headlines

UK PM Burnham Unveils 10-Year Plan, Begins Cabinet Overhaul

Published

on

The new British Prime Minister, Andy Burnham, on Monday, unveiled a 10-year plan to tackle the country’s economic and social challenges as he began reshaping his government, with Chancellor Rachel Reeves among senior ministers leaving the Cabinet.

In his first speech outside 10 Downing Street, Burnham said his government would introduce measures to ease the cost-of-living crisis, end rough sleeping, build more council homes and devolve more powers away from Westminster.

“This moment will be a circuit breaker for Britain,” Burnham said, adding that details of the government’s cost-of-living package and how it would be funded would be announced from Tuesday.

According to the BBC, Reeves announced on X that she was stepping down as Chancellor of the Exchequer, describing it as “the privilege of my life” to have served in the role. The broadcaster reported that Burnham had offered her another senior cabinet position, but she declined.

The cabinet reshuffle also saw Foreign Secretary, David Lammy, Housing Secretary, Steve Reed and Business Secretary, Peter Kyle leave government as Burnham assembled his own team.

Speaking to reporters after his Downing Street address, Burnham said he would examine the tax-free personal allowance ahead of his first Budget in the autumn but acknowledged that raising the threshold would have significant fiscal implications.

He also pledged to reform England’s social care system, saying he did not want to leave office without fixing a problem that had persisted for decades, while reaffirming his commitment to existing fiscal rules.

The BBC also reported that Burnham held his first conversation with a foreign leader after taking office, speaking with U.S. President Donald Trump.

The resignation of the outgoing Prime Minister Keir Starmer saying he was leaving office “with good grace” and “a smile.”

Burnham is expected to continue announcing appointments to his new Cabinet as his administration takes shape, according to the BBC.

Continue Reading

Headlines

Finance Minister Oyedele Defends Nigeria’s Rising Debt

Published

on

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified the sharp increase in Nigeria’s public debt.

Speaking before the Senate Committee on Finance on the state of the nation’s economy on Monday, Oyedele attributed the increase to naira depreciation and accounting adjustments rather than fresh borrowing by the Bola Tinubu administration.

Oyedele was responding to questions from the senator representing Kebbi Central, Adamu Aliero, over claims that the current administration had borrowed about N80 trillion in addition to the N75 trillion public debt it inherited.

According to the minister, comparing the country’s debt stock at the start of the administration with the current figure without accounting for exchange rate movements created a misleading impression.

“When this administration came into office, public debt was around N75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this government has borrowed massively.

“However, it is important to note that, following the reforms and the depreciation of the naira, the foreign currency component of our public debt had to be revalued because Nigeria reports its debt in Naira. That accounting adjustment alone added more than N40 trillion to the public debt figure,” he said.

He added that the securitisation of the Ways and Means advances inherited from the previous administration also contributed significantly to the increase in the debt stock.

The minister further said that much of the government’s domestic borrowing was used to refinance existing debt rather than accumulate new obligations.

According to him, the Tinubu administration had adopted a prudent borrowing strategy focused on infrastructure and long-term economic growth.

Continue Reading