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APC Chieftain, Nyako Predicts Death Of Party …As Mamora Rejects Buhari’s Appointment …Unite, Vote APC Out -Senator

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A former Governor of Adamawa State and chieftain of the ruling All Progressives Congress (APC), Murtala Nyako has criticised the decision of the party to extend the tenure of its executive committees at the national and other levels as potentially suicidal for the party.
Speaking in Yola last Saturday while addressing a group of APC supporters at his residence shortly after he condoled with the family of a former Governor of the State, Saleh Michika, who died last week, Mr. Nyako warned that the party may die unless its leaders take urgent actions to address alleged illegalities and impunity going on in the party
The former governor said APC has lost the moral ground to speak on due process, rule of law, enforcement of democratic norms and culture.
He contended that the only way out of the controversies surrounding the tenure elongation of the executive committee is for the party to hold a national convention, saying anything outside this would not work.
According to him, the actions of some party leaders will not make APC move forward.
“Even if a mechanic takes APC to court today over the unconstitutional and undemocratic tenure extension of party officials, it is very clear that the court can lock the national secretariat of the party. If there is no convention in APC before the general elections, the party may become a spectator instead of a participant,” he warned.
Stressing that only fairness, legality, justice and rule of law can sustain the APC ahead of the 2019 general elections, Mr. Nyako urged the party to learn from what led to the defeat of the Peoples Democratic Party (PDP) at the 2015 general elections and retrace its steps before it is too late.
The former governor, a former Chief of Naval Staff, also took a swipe at some political leaders in Nigeria for their utterances.
He said “the quality of remarks made on some important national issues does not reflect reasonable sense.
“Some of our political leaders seem to take ‘Ogogoro’ before taking action or making public statements on important issues, because some of their statements do not reflect or contain any reasonable sense,” he said.
Meanwhile, a former lawmaker, Senator Olurunnimbe Mamora, has rejected his appointment as the Chairman of the Abuja Investment and Infrastructure Centre, The Tide learnt last Saturday.
Mamora, who was the Deputy Director-General of the Muhammadu Buhari Campaign Organisation during the 2015 presidential election, was nominated for the job by the President.
However, it was learnt that during the inauguration of the board of the AIIC a few weeks ago, a governorship aspirant of the All Progressives Congress in the 2016 Ondo State governorship election, Mrs. Jumoke Ajasin-Anifowoshe, was named the chairman.
Ajasin-Anifowose, who is the daughter of the first Governor of the old Ondo State, Adekunle Ajasin, was sworn in by the Minister of the Federal Capital Territory, Alhaji Muhammad Bello.
Investigations by our correspondent showed that the ex-lawmaker rejected the appointment.
A reliable source told our correspondent that Mamora had met with the Secretary to the Government of the Federation, Boss Mustapha, and expressed his displeasure with the appointment.
The source said Mamora, a former Lagos State House of Assembly Speaker and senator who represented Lagos-East senatorial district from 2003 to 2011, felt the appointment, which is the equivalent of a state parastatal, was not befitting.
He argued that people who never participated in the process that brought Buhari to power were occupying the front seats of government.
The source added that Mamora was listed to be the Chairman of the Board of the Nigerian Ports Authority in 2016 but was edged out by some powerful people in the system.
The source added that Mamora was also nominated as an ambassador in late 2016 but his name was suddenly withdrawn for unknown reasons and was not even contacted before his name was dropped.
Attempts to speak with Mamora proved abortive as repeated calls to his phone were not responded to while a text message sent to his mobile was not replied to as of press time.
Similarly, Second Republic Senator, Prof. Banji Akintoye, has urged Nigerians to unite and vote President Muhammadu Buhari out of office in 2019.
He made the call when he appeared as a guest on Channels Television’s Politics Today, last Frieday.
Senator Akintoye also supported the proposition that the Federal Government should declare killer herdsmen across the country as terrorists.
According to him, they appeared to be more dangerous than Boko Haram terrorists and therefore, must be stopped before their activities got out of hand.
He said: “We can’t have a country in which people feel that they are free to move around, killing people at random and at will. We cannot have a country like that, obviously, these are terrorists and the government owes Nigeria the duty of getting them out of Nigeria.”
“In any country in the world, people like the killer herdsmen would be terrorists and the government would be acting strongly against them, taking action against them the way we have taken action against Boko Haram or even worse.
“They are all over Nigeria, there is no state in the middle belt and the south that they have not killed people in so they are more dangerous than Boko Haram,” Akintoye said.
Rating the performance of President Muhammadu Buhari’s administration and what he thinks about a coalition against the government, Akintoye said: “ I think Buhari should not continue to rule us anymore”.
“Well I don’t know how it may work and I don’t really care how, all I want is that Nigerians should unite and get Buhari and his government out of the place of the Federal Government of Nigeria because Buhari is destroying our country.
“Look at what he is doing with people who are going around killing.
“You send your men to those places and the killings are going on there, it’s all kid gloves. There is nothing concrete happening,” he stressed.
When asked if he thinks a political coalition, especially with a major opposition party, might do ‘wonders’ in 2019, he said; “I hope so, I will desire so because I think that Buhari should not continue to rule us anymore.

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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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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.”

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FG Laments Low Patronage Of Made-In-Nigeria Products

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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

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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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