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

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.

it can b done bt pls slow down. too many promises wil make u look like d fraud dat GMB is

You have my vote on this

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

the desperation of this guy is ridiculous....

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

Idiat like you....... will just say anything to get into power

Bros Atiku go and sit down we don't need U.

Atiku na talk and doo person...

I see

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.

this is indeed a major problem in the country

No to Buhari and kwankwaso the ethnic bigot

ok

Naija needs fresh brain...these men are killing us..I prefer Atiku to buhari any day.

Bubu is one of us

Even when we know that he can't win the primary election, he can keep doing the talking while Nigerians keep doing the votings

Father of 26? This man deserve a local government in his name. You try no be small

Freeing the exchange rate should add at least an extra 2% to the economic growth rate

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.

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

.....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.

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!!!!!!!!!!!!!

you already have my vote since last year, go Atiku....

Go and sit. Buhari must complete his tenure jare

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!!!

to talk is simple and easy to carry out talk and implementation is war. political propaganda, buhari

it is not by saying it.. He should also tell us how he will do it...

SolutionMee:
You have my vote on this

I hope u re a delegate in pdp if not sorry

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

Luciferlove:
Naija needs fresh brain...these men are killing us..I prefer Atiku to buhari any day.

Bubu is one of us

And Atiku has fresh brain