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2023: “I Have Listened To Your Brave Voices”

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By Abubakar Atiku

“I could imagine your frustrations, yet you are hopeful. I admire you greatly for choosing hope over despair. In the face of the worst division, you believe the country can still unite. In the face of economic hardship, you believe prosperity is coming. In the face of the worst insecurity, you believe peace is possible. I also share in your  optimism. That is why I am here today to give you an answer”

AS ONE PEOPLE WITH ONE FUTURE WE WILL BE ONE COUNTRY

  1. Introduction.

First, I want to thank you all for being here today and for all your enduring supports. I know there are over twelve million Nigerians out there, who may not be here with us today, but they have been with us since the 2019 election. I know these numbers are growing every day. I want to thank you all for believing in our vision.

I want to thank you all for your bravery. Despite the disappointment in the last election, you still believe that this time around, it is possible. For me, I could say there was never a break. Since our last fight in the court, challenging the 2019 election results, I have received several calls and encouragements from you to contest again.

I have listened to your brave voices. Beyond the words coming out of your mouths, I could imagine your frustrations, yet you are hopeful. I admire you greatly for choosing hope over despair.

I know why you are doing this. You are doing this because deeply you believe something good is possible and is coming to Nigeria.

In the face of the worst division, you believe this country can still unite. In the face of economic hardship, you believe prosperity is coming. In the face of the worst insecurity, you believe peace is possible. I also share in your optimism; that is why I am here today to give you an answer.

  1. The 2023 Election.

The 2023 election is not just like the usual elections; it is a referendum to decide whether we want greatness or continuous destruction. It is a choice between two paths: the path of unity and progress or the path of division and backwardness.

We need a new kind of leadership that will steer us to a positive path. In 2023, we want a President who has ideas on how to fix Nigeria. We want a president who understands, who inspires and is empathetic.

As the election is fast approaching, we should not be distracted from the devastating conditions we are in now. The ruling party wants to divide us; they want to divide us along the political, ethnic, and religious lines so that we forget to blame them for the rising inflation.

They want to distract us from holding them responsible for the insecurity and rising poverty. They want us to be facing each other and hating one another. We should focus on the issues, not our differences. Let us unite and fight our common enemies: the lack of unity, insecurity, poverty, inflation, and unemployment.

That is what this election is about.

I have no doubt in my mind that we as Nigerians can do it. We have done it in 1993. We can do it in 2023. We must stand firm, get our PVCs, come out en-masse, cast our votes, and protect it against any manipulation.

I have contested for the office of the President of the Federal Republic of Nigeria a couple of times in the past.

My enduring persistence is borne out of my passion to rekindle the Nigerian dream that I was privileged to live.

Nigeria is a land of possibility. There is no challenging background that will make any Nigerian give up. I am a living witness to what is possible in Nigeria.

  1. My Story

Who could have ever imagined, an eleven-year-old village orphan, who had to rear other people’s cattle to raise money to feed his family, would have the opportunity to go to school for free, rise through the cadre of a decent profession, establish successful businesses, and become the Vice President of this country?

That is the Nigerian dream and that is my story. That is the possibility I want to pass to you and your children. No matter your current circumstances, that should not limit your success in life. There should not be any limit to what you want to achieve if you are willing to work for it.

That is my dream for Nigeria.

However, that is not possible without credible and visionary leadership, and that is what I want to offer to Nigerians.

  1. The Declaration

You and I know that Nigeria is in dire need of visionary leadership. Our fundamental principles and purpose as a nation have never been challenged as it is today. Presently, Nigeria is a sinking ship; it must be rescued urgently. That is why I am happy to announce my candidacy for the President of the Federal Republic of Nigeria, under the platform of the People’s Democratic Party (PDP).

I offer myself to rescue the sinking ship. Under my captainship, this ship will sail to a brighter course by the grace of God. However, this journey is not mine alone. It is a journey I am taking for all Nigerians. It is also a journey to a destination I planned with my late great mentor, Major General Shehu Musa Yar’adua, and with my beloved compatriot, the late, and great, Chief Moshood Kashimawo Olawale Abiola. May their souls rest in peace.

These two gentlemen helped me find my path in politics, and as a group we had a vision to run Nigeria in a businesslike manner, where, as one nation, we would bid farewell to poverty, by understanding our differences, and harnessing them to do together what we would not be able to do separately.

  1. My Plan

Under my presidency, I want to focus on five key areas: Unity of Nigeria, Security, Economy, Education and devolving more resources and powers to the federating units.

Since the civil war, the unity of Nigeria has never been threatened as it is today. Nigerians are losing hope in the oneness of this country. My fellow Nigerians, I am the unifier that is coming to bond the broken union.

We will open doors for dialogue to hear the grieving voices of all Nigerians. Under my presidency, there will be a new Nigeria, where everybody has an equal voice and is heard.

Throughout my life, I have never looked at Nigerians as divided people. In my eyes, all Nigerians are the same. When I see you, I don’t see Yoruba or Hausa or Igbo or Fulani or a northerner or southerner; when I see you, I only see a Nigerian, and I expect the best from you.

All Nigerians are equal and should be seen and treated equally. There is no unity without justice and fairness. That is why I will deliver leadership of justice and fairness.

Why is unity a priority? Well, we must work to strengthen our unity as my dear friend and brother, Chief Alex Ifeanyichukwu Ekwueme, once said. National integration, he continued, will not come as a gift. It is the role of government to work very hard and promote it.

The APC administration has failed in its fundamental responsibility of protecting the lives and properties of Nigerians. The most significant human right is the right to life, which has not been protected under the APC administration.

Our military forces are fighting on the front lines without equipment and morale. That is not fair.

If we get into power, we will increase the welfare of all security forces. We will use modern technology and intelligence to combat insecurity. We will also increase the number of personnel for our security agencies.

Why security? Because national security is the first sign of a functional government, and where it does not exist, we must not blame those who threaten it. We can only blame a government that allows it to be threatened. And if I am elected as your President, insecurity is one thing I will not tolerate.

All the macro-economic indicators are not favorable under the APC administration. APC inherited single-digit inflation; they now increased it to about 16%. When APC came into power, unemployment was around 9%; now, unemployment is more than 33%.

The Exchange Rate was N197 to a Dollar in 2015, but in the hand of APC, Naira suffered the worst devaluation ever. As we speak, the exchange rate is more than N400 to a dollar, the official rate.

That was not the change we wanted.

If we get elected, we will create alternative sources of foreign exchange supply to Nigeria and reduce importation to increase the value of the Naira.

They said we should go back to the farmlands. How can you ask people to go to the farms while you have not secured the farms? People cannot go back to the farm because they are afraid, they could be kidnapped or killed.

Under my leadership, we will ensure absolute security because that is the number one condition for economic prosperity. We will provide access to mechanized farming systems and develop the agricultural value chain. We must diversify our foreign exchange sources through exports of processed agricultural products.

When APC came into power, Nigeria’s debt was N12 trillion, and now they increased it to N32 trillion. They still want to borrow more. Under my leadership, we will reduce government borrowing. Too much borrowing comes at the detriment of future growth.

We will operate a liberal economy that allows small businesses to grow through lower taxes and charges for small businesses and low-income earners.

We will encourage the expansion of the private sector to spur economic growth.

For our population to have a positive impact, we must equip our people with modern competitive skills and provide the right environment for them to thrive. As Chief Abiola once said, “we in Nigeria must not allow ourselves to be left behind.” If you look at our present state, you will agree with me that the world, and sadly, even the rest of Africa have left us behind.

More than 100 million Nigerians are either unemployed, underemployed, or unemployable. How could our ever-increasing population be of added value if we do not create opportunities for our people?

I know how to create jobs. I built several successful businesses and companies within Nigeria, and as a result of which thousands of people are gainfully employed. If I can manage my businesses well, I can manage the Nigerian economy well.

Education should be given free to every Nigerian, at least up to the secondary school level. I know the value of education; if not because of education, what kind of value would someone like me, a poor child from a small village would have added to Nigeria?

That is why I established an educational community in my hometown, where I built schools from Kindergarten to University all in one place to provide education to the promising younger generation.

The success of any educational policy is not measured based on the number of bodies in classrooms or schools alone but also the quality and relevance of the education. That is why we will invest in improving access and quality of education.

Nelson Mandela once said, “No country can really develop unless its citizens are educated.”

Every Nigerian must have access to affordable and decent healthcare. No Nigerian should be afraid of falling sick just because they cannot pay for the hospital bill. We will strengthen our health care programs so that every Nigerian can have access to the required minimum healthcare quality.

Nigerians cannot afford to pay high petrol prices. That is why we must ensure sufficient refining capacities within Nigeria. If we do that, petrol will be cheaper because it is locally produced. In the meantime, we will protect Nigerians from higher petrol prices through a new comprehensive Energy Policy.

To provide an adequate and affordable electricity supply for every Nigerian, we will ensure sufficient investment in the sector. We will leverage renewable energies to power homes and commercial centers.

And that is why we must provide opportunity for our people. When the citizens of any nation have the opportunity to progress at their own pace, they themselves will help make insecurity a thing of the past. We must remember that terror only thrives where there is local support and crime flourishes where it is profitable.

If we introduce opportunities for Nigerians to express and progress themselves, we would have depressed the insecurity.

  1. My Policy Document

As you are aware, I am a man of policy. I will never be that kind of a president operating based on impulse. My administration will be guided by a consolidated and timely policy document.

You and I will be working together to update and review my existing policy document. We should consolidate our ideas into a unified people’s policy that will reflect the realities and possibilities of the current time. The consolidated and reviewed people’s policy document will be announced in due course. It will also serve as an input into the PDP manifesto.

  1. Style of governance

I am confident in my ability to deliver inclusive governance. I invite every well-meaning Nigerian to join me in rescuing Nigeria. I don’t have to be the most qualified Nigerian, but I should be wise enough to bring together the most qualified Nigerians to work with them even if I don’t know them previously. I will summon the best brains and work with them.

I would like to work more with young people. Young people are more agile, creative, and conversant with contemporary opportunities and challenges. I too, I feel like I am a young man. So, you can call me a youth too.

Our administration is going to be a transition of power from the senior generation to a younger generation.

We will cut down the cost of governance because leaders must sacrifice first for the benefit of the people. We will set our fiscal budget within a realizable and realistic level so that we can reduce government debts. We will support and actively engage the private sector in building infrastructure and creating more job opportunities.

  1. Conclusion

In the end, this campaign is not about me; it is about you; it is about the future of this country. Let our stories be told for generations to come that we are the ones that rescued Nigeria when it was on the verge of fatal destruction. This is our last opportunity to write our names with the golden ink of history. It must be now or never.

This time around is different; our journey will not end at the poll; we will get to work and rescue Nigeria. I invite every Nigerian to join me in this mission to save our dear country. I believe together we can do it. This is what we owe to Nigeria and the future generation. I have never been this optimistic, and with your support and God’s grace, we will get to the promised land.

The late sage, Chief Obafemi Awolowo, did say that “after rain comes sunshine. After darkness comes the glorious dawn.” We have experienced rain, and darkness has enveloped us for too long. Now is the time for sunshine. The hour of our glorious dawn is finally here.

Let me take this opportunity to specially thank the executives and members of the North-East Business Community for not only encouraging me to contest once again, but also for going ahead to purchase the Expression of Interest and the Nomination Forms for me.

My appreciation also goes to all the members of TEECOM chaired by the High Chief Dr. Raymond Dokpesi, for their hard work, dedication, and commitment to this project. I pray that God will crown our efforts with success.

AS ONE WE CAN GET IT DONE.

Thank you

God bless you

And may God bless the Federal Republic of Nigeria.


Being the full text of the speech presented by former Vice President, Abubakar Atiku, GCON, during his declaration of his Presidential ambition, in Abuja, on Wednesday, March 23, 2022

At Last, Ooni Sues For Calm Over OAU VC Succession

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By Ayodele Oni

Ooni of Ife, Oba Ogunwusi, in what looks like a face saving, has sued for peace over the appointment of a new Vice Chancellor for the Obafemi Awolowo University, (OAU).

The Monarch’s reaction, coming 48 hours after Traditionalists sealed up the OAU gate, has been condemned. Allegations are that the Monarch had a hand in the action.

A statement by his Media Office signed by Moses Olafare, late Wednesday, stated that “Over the years, the good people of Ife have been a superb host to the University, even as they enroll their children and equally join qualified hands (regardless of background) to work in the citadel of learning.

“The Ife community is proud to have partnered and still partnering the institution through the House of Oduduwa on viable programmes and projects capable of projecting Ile-Ife to the outside world as an ancient city ready for progress and development.

“While Ooni Ogunwusi has rallied major stakeholders to address the issue at hand, Kabiyesi sues for calm, calling on all law-abiding citizens to go about their normal businesses without fear.

“The good relationship between the town (Ile-Ife) and gown (OAU) remains as strong as ever, particularly to the benefit of the younger ones in and outside the university.

Ooni of Ife- Oba Enitan Ogunwusi
Ooni of Ife, Oba Enitan Ogunwusi

‘OAU is Ife, Ife is OAU and we shall continue to cohabit in peace for progress.”

It was gathered that right from day one of his ascention to the throne, Oba Ogunwusi has been fingered in series of succession crisis at the University.

He was said to have shown interest in the vast land being in custody of the OAU and had, allegedly, wanted an Indigene of Ife to be in control for him to annex part of the land.

The Security Department of OAU is said to have been unable to do anything to stop the Traditionalists because the Department is already annexed as part of Ooni’s palace.

Part of Governor Rotimi Akeredolu’s remark on Tuesday was that “This latest assault on intellection by elements who, ordinarily, should not have any business with that ambience is unsettling. The silence of the intellectuals in that University suggests complicity and connivance.”

45 CSOs From The North Back Southern Presidency

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Abdulsalam Mohammed-Kazeem

By Uche Mbah

45 Civil Society Organisations, pulled together from the 19 Northern States and Abuja, have endorsed a Presidency of Southern extraction while jettisoning Northern Presidency come 2023.

The CSOs came under the aegis of the Arewa Concerned Civil Society Organization of Nigeria.

While addressing the press, the Spokesperson for the group, Abdulsalam Mohammed-Kazeem,vowed to support any credible Southern Candidate.

Reading a prepared text titled, *‘State of the Nation: 2023 Presidency; Though Our Tongue And Languages Might Differ; In Unity And Brotherhood We Stand,’ at Arewa House, Kaduna Wednesday, Mohammed-Kazeem

Kazeem appealed to all the political parties to zone their Presidential candidates to the Southern part of the country.

“The Concerned Arewa Civil Society Organisations of Nigerian is a group of over 45 reputable Civil Society Groups from within the Northern extraction with voting capacity cut across all the Polling Units, Wards and Local Government Areas in the 19 Northern States and the Federal Capital Territory”, he said.

“There is a wise saying: “what is good for the goose is good for the gander.” It’s important, though it’s not law of the Federal Republic of Nigeria, we have to respect our integration, brotherhood and unity.

“It’s for the sake of our national unity that we are standing today and declaring that power should be rotated to South for the spirit of oneness, equity, justice, fairness and equal opportunities.

“We urge all political parties to zone their Presidential candidates to the south. Any party that refuses to do so, we are going to mobilized our teaming youth and campaign against it.

“We, the Arewa Concerned Civil Society Organizations of Nigeria, in the spirit of building our desired nation and our continued existence as an entity, also not jettisoning the principles of power balance and fairness, call for the total support of presidency to the southern part of the country.”

According to him, “we have no other country than Nigeria and we will not sit down and see our country disintegrate due to the selfish desires of some individuals that think presidency is the birth right of a particular region. Any Northerner contesting President will be regarded as agent of disunity and enemy of the nation.

“The South-West which is also a beneficiary of the benevolence of Nigerians who supported their first bid for an eight-year presidency and vice-presidency for another 8 years should also be willing to relinquish the position in the spirit togetherness and nation building.

“Our hope, dreams and prayers are for an Igbo man to emerge as President in 2023, more preferably, a private sector player, a technocrat and a de-tribalized Nigerian with rich experience in managing economy for peace, progress and prosperity.

“We have agreed to melt their interest in one port and insist on power to be transferred to Southern Part of the Country in 2023 and we call on our Southern people to drive this opportunity and support their own and also respect power rotation after 8 years.

‘We reaffirmed our previous stand that we won’t support any Northerner as Successor of President Mohammed Buhari in 2023 for the sake of National Unity.

“We know power comes from God and God never allow injustice, greed and selfishness to rule our land. We will make or mar any candidate who has the unity of Nigeria at heart and vice versa.”

Group Slams Akeredolu, Deputy, Over Death Of Sunshine Queens Goalkeeper, Elizabeth

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Sunshine Queens Goalkeeper Elizabeth

By Akinwale Kasali

Ondo State Governor, Rotimi Akeredolu, and his Deputy, Lucky Aiyedatiwa, have been criticized for keeping silent on the death of Sunshine Queens Football Club of Akure, Goalkeeper, Elizabeth Johnson.

A Group under the auspices of the Crusader for Peace and Good Governance, CPCG,  criticized the Governor and his Deputy for  naking no comment several days after the unfortunate and sad  death of Johnson. She  died Saturday, after training with other members of the team in preparation for their next match in the ongoing Nigeria Women Football League.

The State owned Club is competing in the Nigeria Women Football League, NWFL, and has not been doing badly in the League.

In a statement issued by the Coordinator of the CPCG, Ayo Laniyan, the group said the alleged silence of the Government, four days after the sudden  death of the goalkeeper, was unfortunate and unfair.

It described the action of the Government as irresponsible, inhuman and discouraging to other players of the State Government’s football clubs .

In part, the statement reads, “The Crusader for Peace and Good Governance, condemned in totality , the action of the Ondo State Governor, Arakunrin Rotimi Akeredolu, his Deputy, Mr Lucky Ayedatiwa, for not making any comment of condolence on death of Elizabeth Johnson of Sunshine Queens four days after the death of the player.

“The Sunshine Queens FC is owned by the government and it is expected of the state government or the Ondo State Football Agency to have made a comment of condolence to the family of the deceased. But up till now we have not heard anything from the Government, it is as if nothing has happened. This is irresponsible and inhuman.”

The Group however expressed its condolences to the family of the deceased and the Sunshine Queens FC, praying to God to give the family the fortitude to bear the loss of their loved one.

Meanwhile, the State chapter of Sports Writers Association of Nigeria has commiserated with the Sunshine Queens FC over the death its goalkeeper.

This was contained in a statement issued by the Chairman and the Secretary of the association, Wahab Bankole and Segun Giwa respectively.

The statement read,  ” To hear of the sudden demise of such player is saddening to all members of Sports Writers Association of Nigeria in Ondo State. We share the pains of the Ondo State Football Agency, particularly Sunshine Queens FC at this difficult time.

“Our thoughts and prayers are with the family of Elizabeth. “

Tenant Who Raped Landlady To Death, In Ekiti, To Die By Hanging

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Tumise Abraham

By Ayodele Oni

An Ekiti State High Court  has sentenced one Tumise Abraham to death by hanging for the murder of his Landlady, Bukola Olarewaju.

Abraham was alleged and found guilty of raping the Landlady before, eventually, killing her at Olorunda Zone seven, Adebayo area of Ado- Ekiti in 2019.

It was gathered that the late Olanrewaju had demanded rent arrears and Electricity Bills, from the convict before the ugly incident.

The mother of three was at home alone after her husband had gone to work, while the children were said to have gone for holiday coaching when the incident happened.

Tunmise Abraham was alleged to have broken into the woman’s room, threatened her with a cutlass and tied her up before performing the dastardly act.

It was also gathered that after the act, the tenant fled from the house but some of his belongings were found in the room which suggested that he was responsible for the act

The Director of Public Prosecutions, Julius Ajibare, w called four witnesses to prove the case beyond reasonable doubt.

The Court presided over by Justice  A. Abodunde found Abraham guilty of the offence and sentenced him to death by hanging.

2023: Peter Obi, Finally, To Run For Presidential Office

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Peter Obi

By Adesina Soyooye

One of Nigeria’s favorite Politicians, and a darling of youths, Peter Obi, has caved in to the pressure on him to run for the office of the President in 2023.

The pressure on, and yearning for Obi  have been unprecedented. One group was set to sue him to Court for not throwing his hat into the ring. Another said it would pay for the purchase of the Presidential  nomination form for him. Another had pledged, for a start, to raise the sum of 10 billion Naira for him to execute the election. And yet, another said the group would mobilise 40 million youths in his favour.

For all the pressure, Obi  remained calm and calculative. The only inkling he gave a couple of months ago was that he would wait for his Party, the People’s Democratic Party, PDP, to zone its Presidential seat. He had said he would make a statement if the Party zones it to the South.

That has not been done. However, this magazine can confirm that Obi is all set to cave in to the pressure on him. He will run for the office of the President as plans have reached advanced stages for his declaration.

An economist, banker, a financial expert and a multiple award winner, Obi was the Vice Presidential candidate of the PDP during the 2019 Presidential election. He was on same ticket with former Vice President Atiku Abubakar who was the Presidential candidate. The two are running separately now, as Atiku, on Wednesday, March 23, 2022, declared his Presidential ambition in Abuja for the fifth time. Obi was absent at the ceremony which was, surprisingly attended by a number of political heavyweights from the South, and especially, Obi’s South-east, a Zone which said it is seriously canvassing for a President of South-East extraction for justice and equity. Those of them who attended, all spoke against the zoning of the office of the President. The South-east is the only Zone which has not produced a President for Nigeria.

When Obi eventually declares, he would be running against a crowded PDP field which include: Former Senate President, Anyim Pius Anyim, the first Igbo man who had the courage to declare interest months ago, another former Senate President, Bukola Saraki, Sokoto State Governor, Aminu Tambuwal, Bauchi State Governor, Bala Mohammed, Pharmacist and entrepreneur, Sam Ohuabunwa, and others still being awaited, including, allegedly, Rivers State Governor, Nyesom Wike.

At a meeting of South-south political stakeholders held in Uyo, Akwa Ibom State two days ago,  Wike strongly urged the PDP to zone its Presidential seat to the South-south, describing the Zone as the pillar of the PDP.

Nollywood Actress, Takor Veronica Found Dead In Hotel Room, Three Arrested

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Takor Veronica

By Akinwale Kasali

The Nation’s Make-belief Industry, Nollywood, has been thrown into mourning  again.

This time, popular actress, Takor Veronica, was found dead in a hotel room in Makurdi,  Benue State Capital, barely a week after celebrating her birthday.

Circumstances surrounding her death  still remain sketchy, but the Benue State Police Spokesperson, SP Catherine Anene confirmed that three suspects have been arrested in connection with her death.

According to the Benue State Police Command:

“There is a death report of a lady in a hotel but details will come from doctors; we did not see marks of violence on her body. So, the autopsy will reveal the cause of the death. The person that died was dressed; we didn’t see marks on her body meaning there were no injuries.

“Three suspects were arrested in connection with this case, so they will give us details. We can’t say it is a case of murder because we didn’t see marks of violence”.

Following her sudden demise and circumstances surrounding her death, her colleagues have taken to various social media platforms to pay tribute to their darling colleagues.

Her friend, Ann Abayol wrote; “This world, people talk or post about what they don’t know. But VERONICA TAKOR, God knows all that happened and you will surely get Justice.

“Kaiiii, this life is just nothing ooo! Last year 12th March we celebrated your birthday and this year your birthday celebration ends in death  Hmmm!!! What a wicked world we leave in, the heart of a man is desperately wicked, you were indeed a humble girl that is always smiling with everyone around, those evil people that did this to you will surely be pushed. May God grant you eternal Rest in heaven with him and May He console your entire family. We will for ever miss you our vibrate actress”.

Another of her friends, Ekotu K’a Adanu wrote;

“Your death has made me believe there’s nothing in life. Last week we celebrated your birthday and today I’m being forced to type RIP.

“We haven’t recovered from Arnold’s death n now urs again??

Death where is thy sting

Death where is thy glory

Death you are wicked

Why would the good die Young

I don’t have much to say cause I’m still shock

Bsc microbiology miss u

Biological sciences miss u

Faculty of sciences miss u

Benue State University miss u

I miss you personally Vera

May angels welcome u to the heavenly Jerusalem

May ur Killers never find peace”.

Traders Count Losses At Apongbon Market Fire; Eko Bridge Badly Affected

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Apongbon Market Fire

By Akinwale Kasali

Traders at Apongbon Market in Lagos never had the premonition that danger was lurking around the corner in the early hours of today, as they had gone to their respective shops for their daily business when the fire outbreak occurred.

The inferno gutted shops and vehicles under the Eko Bridge at Apongbon area of Lagos State, as traders and passerby scampered for safety.

It was gathered that the incident occurred around 7.00am.  The cause of the fire is yet to be ascertained.

Luckily, no life was lost  but  goods worth hundreds of millions of Naira were lost.

The Market is known to be the home of assorted drinks, both alcoholic and non alcoholic

It took the intervention of men of the Lagos Fire and Rescue Team to put out the raging fire.

Consequently, the bridge connecting Eko Bridge to the Island and Mainland was blocked and cordoned-off to prevent any possible loss of lives and further loss of properties.

Motorists were urged to use alternative routes to their respective destinations.

Sadly, the Eko bridge has been badly affected due to the intense impact of the inferno, prompting the Lagos State Ministry of Works and Ministry of Transportation to stop the movement of vehicles on the affected bridge.

Prince Emeka Obasi To Be Buried April 14

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Emeka Obasi

By Adesina Soyooye

The family of the late Prince Emeka Obasi has released the programme for his funeral rites.

Obasi, Publisher of Business Hallmark and a former Commissioner for Information in Abia State, under the Government of Senator Orji Uzor Kalu, died on Tuesday, March 15, 2022.  He was, also, the Founder of Public Policy Research And Analysis Centre, organizers of the Zik Prize in  Leadership Awards.

A statement, on behalf of the family, signed by his first son, Prince Emeka Obasi, jnr, says  he will be committed to mother-earth at his country home, Umuaroko, Ndume Ibeku, Umuahia North, on Thursday, April 14, 2022.

The funeral rites will begin in Lagos, where he lived most of his adult life, and did his businesses on Friday, April 8, 2022, with a Service  of Songs at the Trinity House, Trinity Avenue, Victoria Island.

That will be followed by another Service of Songs at his country home, Umuaroko, Ndume Ibeku, Umuahia North, on April 13, 2022.

An Interdenominational Funeral Service will hold on Thursday, April 14, 2022, at the Community Primary School, Ahiaeke, Ndume Ibeku, followed immediately after by interment at his country home.

Obasi, 58, was married to his lovely and loyal Dr Betty Obasi.

Even Animals Save For Tomorrow From Today’s Surplus – Peter Obi

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Increasingly coming under attack, especially, in the past few days, over why he saved money for Anambra State, instead of investing such monies in infrastructure and projects in his eight years of Governorship, Peter Obi, in a release by his Media Office, says such talks are a product of ignorance or mischief, or a continued hatred of him, or a  combination of the three.

Real reasons Peter Obi Saved money for Anambra State

Often some  people who are not experts in finance and  statecraft question the rationale behind savings which Obi embarked on out of  mischief, display of continued opposition, hatred or pure ignorance. I often express surprise at their viewpoints, because even among animals, we see the practice of saving for tomorrow out of today’s surplus. However, among the human family, we need not save only when there is surplus. If, for example, one plans to buy a car next year, would one not start saving money  for that? Savings is about planning and, as Obi always said, “If you do not plan, you have planned to fail.”

As for those  in the habit of arguing against what they do not understand,  I hope you will commend the debt burden that will weigh Anambra down as revealed by Prof. Charles Soludo. May I present to you the rationale behind Obi’s savings in the State as he himself explained.

These are the reasons he is qualified for leadership at any level. In fact, we need such a man for Nigeria  to re-discover herself.

Obi’s explanation why answering query from the CLO

  1. 75 BILLION HANDED OVER: On the issue of N75 billion left in cash and investments, let me reinstate that this is absolutely correct, properly documented and can be scrutinized by anybody that wishes to do so.

However, the CLO’s question is on the 156 million dollars in denominated bonds, which is today valued at about $200 million dollars (over N70 billion), said to have been left or invested. On this I wish to state categorically that the amount of 156 million dollars being future savings for and on behalf of Anambra State was made as follows;

  1. WITH FIDELITY BANK PLC – $ 56 MILLION
  2. WITH DIAMOND BANK PLC – $50 MILLION
  3. WITH ACCESS BANK PLC – $50 MILLION.

And I want to state at this point that those funds, being long-term investments backed by law, if they are still available in the banks, and I earnestly wish they are, presently should be      worth about $200 MILLION as stated in the CLO inquiry. The reasoning behind savings in Foreign Currency was necessitated by a number of issues as follows:

  1. After our study of the Chinese phenomenal achievements as we were coming to the end of MDGs, we learned that the Chinese Regional governments were able to attract a number of investments because of the ability to contribute or partner with the investors in setting up productive facilities within their regions. For example, some of them effectively made equity contributions of 10 – 20 %, which they were able to achieve due to their robust savings.
  2. So, our calculation was that if the state would be able to save a particular amount ($18 – 20 million dollars) as we did in eight years, up until 2030 at the average interest rate of a little over 6%, we would be able to achieve about a billion dollars in savings and earnings. We would then use about 50% of this amount to attract investment, considering that the average Chinese Small and Medium scale Enterprise, SME, for example, was set up with about two million dollars. Our goal was that if we would be able to invest 25% in each enterprise, which is $500,000, we would be able to achieve 1000 SMEs facilities scattered all over Anambra State, which would jump start aggressive economic growth within the state, especially as income from oil is coming to an end.
  3. Additionally, we were seeking a 40-year non-interest loan of $120 million from the World Bank, especially targeted at supporting Science, Technology, Engineering and Mathematics (STEM) education and tackling our devastating erosion problem. The idea of $40 million education loan was hatched based on the United Nations report that there would be about 20 million jobs vacancies in the fields related to STEM studies by the year 2020, and having critically observed our solid achievements in education, the World Bank readily agreed to provide this facility while the $80 million was to effectively tackle the erosion menace around the state.

Even though the World Bank approved the $40 million dollars for Education and initial $40 million for erosion, my administration did not draw down from it. These facilities were to kick-start with the incoming government and we were certain that savings in foreign currency would help the state in meeting up with her obligations of payment without any impediment to her financial stability. This is because we would have so much still left after meeting with the obligations.

Since we are going to pay this money in the future, we carefully projected and started saving. Because we are going to earn a billion dollars by the time the loan matures; $500 million will         go to these SMEs, $200 million will go to others, $300 million will be left. Everything being          equal, by 2050, we will be hitting almost $2 Billion. Meanwhile, we have 1,000 SMEs out there, of which about 80% of them would survive, and if they do, shall be producing for export that would change the state.

Unfortunately, we live in a system where people do not think about tomorrow and do not plan for future generations but would prefer to obliterate accumulated income and put the     state in debt before exiting office.