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Atiku Vows To End Multiple Exchange Rates - Politics - Nairaland

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Atiku Vows To End Multiple Exchange Rates by sophsia62: 12:00pm On Sep 04, 2018
Nigerian presidential hopeful Atiku Abubakar said he will scrap a system of multiple exchange rates to attract foreign investment and accused President Muhammadu Buhari of failing to deal with the nation’s security challenges.

“I would definitely end” the existence of several naira rates, Abubakar, a 71-year-old former vice president, told reporters Monday in Lagos, the commercial capital of Africa’s biggest oil producer. “It’s clearly anti-business and anti-foreign investment.”

Investors and the International Monetary Fund have long called for Nigeria to liberalize its currency regime to boost an economy that’s still struggling after the 2014 crash in crude prices. While he would need more advice before deciding whether to float the naira, it was important to have a “deregulated foreign-exchange market,” Abubakar said in a separate interview.

Abubakar, a Muslim from the north and a father of 26 children, is one of the main contenders to be the candidate of the opposition People’s Democratic Party, which will hold primaries later this year, along with Senate President Bukola Saraki and three former state governors. Abubakar defected from Buhari’s ruling All Progressives Congress last year, the second time he returned to the PDP in a decade.

Abubakar has been a presidential aspirant in three different parties since Nigeria returned to democratic rule in 1999. He lost to Buhari in the APC primaries in 2015 but supported him as the candidate. Buhari’s victory against then President Goodluck Jonathan marked the first time in Nigeria’s history that an opposition challenger took power through the ballot box.

Buhari may not be willing to leave office if he loses the election in February, Abubakar said.

“He is very stern, very uncompromising and power-drunk,” Abubakar said. “He may not be ready to relinquish power without a fight. I have my fears. There may not be credible elections.”

A former Nigerian Customs Service top official who became a major shareholder in Intels Nigeria Ltd., an oil-service company, he favors regional autonomy and power devolution, a stance that has popular appeal particularly in southern Nigeria.

Abubakar blamed Buhari for failing to diversify the economy from oil and handle security problems ranging from Boko Haram’s Islamist insurgency to deadly clashes between farmers and herdsmen.

“It’s been a disappointment,” he said. “We have done very badly as far as the economy, security and the unity of the country are concerned.”

Abubakar said his experience as vice president and in business stood him in good stead to govern Nigeria.

“I have a strong track record,” he said. “The economy did well when we were in government. The private sector was booming. And I’ve been a successful businessman. Buhari has driven out foreign investors.”

[b][url]http://www.akelicious.net/2018/09/atiku-vows-to-end-multiple-exchange.html

8 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Naychuzzy(m): 12:04pm On Sep 04, 2018
I don die.. Did you say 26 children? Baba go sit down.. No one is in any way oerfect but Take it or leave it, Buhari will always be better than you.

34 Likes 2 Shares

Re: Atiku Vows To End Multiple Exchange Rates by slivertongue: 12:12pm On Sep 04, 2018
it can b done bt pls slow down. too many promises wil make u look like d fraud dat GMB is

19 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by SolutionMee: 12:20pm On Sep 04, 2018
You have my vote on this

15 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Blue3k2: 2:55pm On Sep 06, 2018
This would be great. The multile exchange rates are nonsensical. The government judt wants to buy support from vatious segments of society. There's no reason the state manipulate currency for personal life choices like sending kid abroad, going on pilgrimages and so on so forth.

Front page: Lalasticlala

14 Likes

Re: Atiku Vows To End Multiple Exchange Rates by justtoodark: 3:10pm On Sep 06, 2018
the desperation of this guy is ridiculous....

18 Likes 2 Shares

Re: Atiku Vows To End Multiple Exchange Rates by celestialAgent(m): 4:45pm On Sep 06, 2018
I might just vote this guy if he promise to tackle banks theft that now seems to be a standard thing. Because up till now, I still find it difficult to understand why Euro is more expensive at local banks than in the black market undecided

10 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Sirpaul(m): 4:45pm On Sep 06, 2018
Idiat like you....... will just say anything to get into power

9 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by asawanathegreat(m): 4:45pm On Sep 06, 2018
Bros Atiku go and sit down we don't need U.

12 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by Originality007: 4:47pm On Sep 06, 2018
Atiku na talk and doo person...

9 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by Agritech(m): 4:47pm On Sep 06, 2018
I see

10 Likes

Re: Atiku Vows To End Multiple Exchange Rates by yemmight(m): 4:47pm On Sep 06, 2018
You are not a role model, you don't leave by example. How could somebody like Atiku promote family planning when he already had 26 children and still counting. Atiku is a goner.

10 Likes

Re: Atiku Vows To End Multiple Exchange Rates by BigBizzy(m): 4:48pm On Sep 06, 2018
this is indeed a major problem in the country

1 Like

Re: Atiku Vows To End Multiple Exchange Rates by Nobody: 4:49pm On Sep 06, 2018
No to Buhari and kwankwaso the ethnic bigot

6 Likes

Re: Atiku Vows To End Multiple Exchange Rates by loverboys: 4:49pm On Sep 06, 2018
ok
Re: Atiku Vows To End Multiple Exchange Rates by Nobody: 4:49pm On Sep 06, 2018
Naija needs fresh brain...these men are killing us..I prefer Atiku to buhari any day.

Bubu is one of us grin

6 Likes

Re: Atiku Vows To End Multiple Exchange Rates by gmercy713: 4:50pm On Sep 06, 2018
Even when we know that he can't win the primary election, he can keep doing the talking while Nigerians keep doing the votings grin

8 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by Danny225: 4:52pm On Sep 06, 2018
Father of 26? This man deserve a local government in his name. You try no be small

2 Likes

Re: Atiku Vows To End Multiple Exchange Rates by grandstar(m): 4:54pm On Sep 06, 2018
Freeing the exchange rate should add at least an extra 2% to the economic growth rate
Re: Atiku Vows To End Multiple Exchange Rates by khalazi: 4:56pm On Sep 06, 2018
yemmight:
You are not a role model, you don't leave by example. How could somebody like Atiku promote family planning when he already had 26 children and still counting. Atiku is a goner.
He can afford to feed and take care of them.
So I don't get your point.

4 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by megamank(m): 4:56pm On Sep 06, 2018
They have started again oooooo......see these liar have change clothes and group....continue we know u are lieing but let just make u happy by listening

3 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Nobody: 4:57pm On Sep 06, 2018
.....though he has his flaws like every other mortal, this dude will surely be a far better manager than the lifeless anscestor I wasted my vote on.

4 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Prettysophy: 4:57pm On Sep 06, 2018
sophsia62:
Nigerian presidential hopeful Atiku Abubakar said he will scrap a system of multiple exchange rates to attract foreign investment and accused President Muhammadu Buhari of failing to deal with the nation’s security challenges.

“I would definitely end” the existence of several naira rates, Abubakar, a 71-year-old former vice president, told reporters Monday in Lagos, the commercial capital of Africa’s biggest oil producer. “It’s clearly anti-business and anti-foreign investment.”

Investors and the International Monetary Fund have long called for Nigeria to liberalize its currency regime to boost an economy that’s still struggling after the 2014 crash in crude prices. While he would need more advice before deciding whether to float the naira, it was important to have a “deregulated foreign-exchange market,” Abubakar said in a separate interview.

Abubakar, a Muslim from the north and a father of 26 children, is one of the main contenders to be the candidate of the opposition People’s Democratic Party, which will hold primaries later this year, along with Senate President Bukola Saraki and three former state governors. Abubakar defected from Buhari’s ruling All Progressives Congress last year, the second time he returned to the PDP in a decade.

Abubakar has been a presidential aspirant in three different parties since Nigeria returned to democratic rule in 1999. He lost to Buhari in the APC primaries in 2015 but supported him as the candidate. Buhari’s victory against then President Goodluck Jonathan marked the first time in Nigeria’s history that an opposition challenger took power through the ballot box.

Buhari may not be willing to leave office if he loses the election in February, Abubakar said.

“He is very stern, very uncompromising and power-drunk,” Abubakar said. “He may not be ready to relinquish power without a fight. I have my fears. There may not be credible elections.”

A former Nigerian Customs Service top official who became a major shareholder in Intels Nigeria Ltd., an oil-service company, he favors regional autonomy and power devolution, a stance that has popular appeal particularly in southern Nigeria.

Abubakar blamed Buhari for failing to diversify the economy from oil and handle security problems ranging from Boko Haram’s Islamist insurgency to deadly clashes between farmers and herdsmen.

“It’s been a disappointment,” he said. “We have done very badly as far as the economy, security and the unity of the country are concerned.”

Abubakar said his experience as vice president and in business stood him in good stead to govern Nigeria.

“I have a strong track record,” he said. “The economy did well when we were in government. The private sector was booming. And I’ve been a successful businessman. Buhari has driven out foreign investors.”

[b][url]http://www.akelicious.net/2018/09/atiku-vows-to-end-multiple-exchange.html

STOP LYING SIR!!!!!!!!!!!!!

3 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by tonex360: 4:58pm On Sep 06, 2018
you already have my vote since last year, go Atiku....
Re: Atiku Vows To End Multiple Exchange Rates by ednut1(m): 4:59pm On Sep 06, 2018
Go and sit. Buhari must complete his tenure jare

5 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by Prettysophy: 5:00pm On Sep 06, 2018
sophsia62:
Nigerian presidential hopeful Atiku Abubakar said he will scrap a system of multiple exchange rates to attract foreign investment and accused President Muhammadu Buhari of failing to deal with the nation’s security challenges.

“I would definitely end” the existence of several naira rates, Abubakar, a 71-year-old former vice president, told reporters Monday in Lagos, the commercial capital of Africa’s biggest oil producer. “It’s clearly anti-business and anti-foreign investment.”

Investors and the International Monetary Fund have long called for Nigeria to liberalize its currency regime to boost an economy that’s still struggling after the 2014 crash in crude prices. While he would need more advice before deciding whether to float the naira, it was important to have a “deregulated foreign-exchange market,” Abubakar said in a separate interview.

Abubakar, a Muslim from the north and a father of 26 children, is one of the main contenders to be the candidate of the opposition People’s Democratic Party, which will hold primaries later this year, along with Senate President Bukola Saraki and three former state governors. Abubakar defected from Buhari’s ruling All Progressives Congress last year, the second time he returned to the PDP in a decade.

Abubakar has been a presidential aspirant in three different parties since Nigeria returned to democratic rule in 1999. He lost to Buhari in the APC primaries in 2015 but supported him as the candidate. Buhari’s victory against then President Goodluck Jonathan marked the first time in Nigeria’s history that an opposition challenger took power through the ballot box.

Buhari may not be willing to leave office if he loses the election in February, Abubakar said.

“He is very stern, very uncompromising and power-drunk,” Abubakar said. “He may not be ready to relinquish power without a fight. I have my fears. There may not be credible elections.”

A former Nigerian Customs Service top official who became a major shareholder in Intels Nigeria Ltd., an oil-service company, he favors regional autonomy and power devolution, a stance that has popular appeal particularly in southern Nigeria.

Abubakar blamed Buhari for failing to diversify the economy from oil and handle security problems ranging from Boko Haram’s Islamist insurgency to deadly clashes between farmers and herdsmen.

“It’s been a disappointment,” he said. “We have done very badly as far as the economy, security and the unity of the country are concerned.”

Abubakar said his experience as vice president and in business stood him in good stead to govern Nigeria.

“I have a strong track record,” he said. “The economy did well when we were in government. The private sector was booming. And I’ve been a successful businessman. Buhari has driven out foreign investors.”

[b][url]http://www.akelicious.net/2018/09/atiku-vows-to-end-multiple-exchange.html

STOP LYING SIR!!!

2 Likes 1 Share

Re: Atiku Vows To End Multiple Exchange Rates by olowo1930: 5:00pm On Sep 06, 2018
to talk is simple and easy to carry out talk and implementation is war. political propaganda, buhari

1 Like

Re: Atiku Vows To End Multiple Exchange Rates by Landman: 5:01pm On Sep 06, 2018
it is not by saying it.. He should also tell us how he will do it...

7 Likes

Re: Atiku Vows To End Multiple Exchange Rates by omoiyalayi(m): 5:03pm On Sep 06, 2018
SolutionMee:
You have my vote on this

I hope u re a delegate in pdp grin if not sorry grin

3 Likes

Re: Atiku Vows To End Multiple Exchange Rates by Nobody: 5:04pm On Sep 06, 2018
yemmight:
You are not a role model, you don't leave by example. How could somebody like Atiku promote family planning when he already had 26 children and still counting. Atiku is a goner.
Na you the take care of the children for him
or Did God tell us the numbers we should born

1 Like

Re: Atiku Vows To End Multiple Exchange Rates by hopexter(m): 5:04pm On Sep 06, 2018
Luciferlove:
Naija needs fresh brain...these men are killing us..I prefer Atiku to buhari any day.

Bubu is one of us grin


And Atiku has fresh brain

3 Likes

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