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PDP Mocks APC Over Slogan Change …Requests Oshiomhole To Submit Self To EFCC’s Probe …Says Convention Mockery Of Democracy

The Peoples Democratic Party (PDP), yesterday, counselled the All Progressives Congress (APC) to perish the thought of deceiving Nigerians with its change of slogan from ‘CHANGE’ to ‘PROGRESS’.
The party described the development as a direct insult on the intelligence of Nigerians, saying the party in the past three years brought nothing but hunger, afflictions and daily bloodletting to the nation.
In a statement released, yesterday, the party asked: “How can the APC think that by changing its slogan, Nigerians will suddenly forget that in the last three years of its administration, the nation has not witnessed the change it promised and that all the campaign promises upon which they rode to power have all turned out to be lies?” noting that “Whereas under the APC misrule all aspects of our national life have witnessed unprecedented deterioration, its leaders are busy thinking of how to beguile Nigerians with a change of slogan instead of preparing their handover notes.
“It is a notorious fact that the APC has nothing to progress with unless they mean the perpetuation of their misrule, violation of human rights, de-marketing of our nation, wrecking of our economy, increased unemployment, instigating of disunity among the people as well as the acute hunger and poverty for which they have become synonymous.”
The major opposition party said what is required today is a new leadership of qualitative Nigerians endowed with sufficient knowledge in the spheres of economy, security and good governance.
The change of the ruling party’s slogan at the recently concluded national convention is seen by many as a marketing strategy ahead of the 2019 elections.
Meanwhile, the Peoples Democratic Party (PDP), yesterday, challenged the new National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, to immediately submit himself to the Economic and Financial Crimes Commission (EFCC) “over humongous corruption allegations hanging on his neck”.
PDP said Oshiomhole lacks the “rectitude to speak in public as a leader at any level,” adding that this is until he “clears the allegations that he diverted billions of naira meant for the people of Edo state while he was governor.”
In a statement by its spokesperson, Kola Ologbondiyan, the opposition party said since the petition against Oshiomhole at the EFCC was in the public domain, the “newly installed national chairman would do the APC, Buhari Presidency, the EFCC as well as himself a lot of good by quietly submitting himself for investigation and possibly, prosecution.”
The statement added, “Since one of the campaign footstool upon which APC was elected into office is fighting corruption, it will be incongruous for Oshiomhole to go about his new assignment with allegation of corruption, even as tiny as a strand of hair.
“It is also instructive for the new chairman to understand that Nigerians are no longer inclined to sophistry, illogical arguments, deceits, contrivance and recourse to abuse as a method of campaign.
“As such, the PDP would be prepared for engagements that have the potency of rescuing our people from the hunger and starvation which the APC has sunk them.
“However, the essence of Oshiomhole’s emergence as President Muhammadu Buhari’s sole candidate was not lost on Nigerians as the Presidency imposed him as a pliable instrument to frustrate other would-be presidential aspirants of APC extraction and hand the ticket to President Buhari, who obviously is afraid to stand a presidential primary due to his failures in office.
“With Saturday’s charade, APC and its Federal Government, which claims to have zero tolerance for corruption, have eaten their vomits, confirming that they have been hypocritical and trending on lies, deception and propaganda.
“With the outcome of the Saturday’s convention, the APC has kissed internal democracy goodbye in the selection of its candidates at all levels as the national leadership, led by people burdened with corruption allegations, cannot but submit to the whim and caprices of those who granted them official protection from prosecution.
“President Buhari and his handlers should, however, note that manipulating the APC convention and seizing the party’s Presidential ticket cannot help them as Nigerians, are now fully rallying on the platform of the repositioned PDP in their quest for a new President, who truly has the competence to effectively run a united, secure and prosperous nation, come 2019.”
Similarly, the Peoples Democratic Party (PDP) has berated the national convention of the dysfunctional All Progressives Congress (APC), last Saturday, as a charade, a mockery of democracy and assault on the sensibility of Nigerians.
The PDP, in a statement by its National Publicity Secretary, Kola Ologbondiyan, said that the open intimidation and physical assault on aspirants and delegates to the convention further confirm the desperation by President Muhammadu Buhari’s camp to seize the APC’s presidential ticket, for which they have resorted to imposing pliable officials who had been handed the directives to muzzle other presidential aspirants in the APC ahead of the party’s Presidential primary.
“Delegates and other members of the APC were horrified when aspirants to various party offices were being threatened, harassed and in some cases, paid and handed written orders to mount the stage and announce their withdrawal for aspirants listed by President Buhari, under heavy security presence,” the PDP said.
According to the party, “Nigerians are invited to note that some of the officials preferred, particularly, the national chairman, are individuals overburdened by heavy corruption allegations, and whose expected investigation and prosecution have been traded for a Presidential ticket for President Buhari.
“The world observed with shock how aspirants and delegates who dared to raise questions were manhandled by thugs and intimidated by security operatives.
“It is instructive to state that the APC convention directly reflects the confusion, intimidations, violations and descent to fascism, that have characterized governance in our nation in the last three years.
“President Buhari’s handlers are aware that due to his poor performance, clinching his party’s presidential ticket under a free, fair and credible primary is impossible, hence this resort to intimidation, coercion and escalation of official hooliganism in the APC.
News
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”
News
FG Laments Low Patronage Of Made-In-Nigeria Products

A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.
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Nigeria Seeks Return To JP Morgan Bond Index
The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.
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