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"Today, five political parties produced state governors, seven parties won senatorial seats, eight are represented in the House of Representatives, and nine in State Houses of Assembly,” he said. “The 10th National Assembly is certainly the most diverse in party representation since 1999.” So this is Mahmood Yakubu's definition of a free and fair election |
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Confusion |
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garfield1: ![]() |
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Let the poor breathe...... don't suffocate them |
HIGHESTPOPORI:seunmsg is a Tinubu minion, wasting away his entire life here on Nairaland |
seunmsg:It seems you lack the ability to comprehend simple english language I ask again.....May I know the reason Tambuwal shouldn't be allowed to emerge as senate minority leader |
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seunmsg:May I know the reason Tambuwal shouldn't be allowed to emerge as senate minority leader Besides, what is your business with what happens amongst the minority group in the 10th assembly |
The Peoples Democratic Party (PDP) national working committee (NWC), has alleged that the ruling All Progressives Congress, APC is meddling in the selection of minority leadership of the 10th Senate. The PDP spokesperson, Debo Ologunagba, made this allegation in a statement on Monday. Ologunagba accused the APC of “subterranean moves” to meddle in the opposition party’s selection process. According to the PDP spokesperson, consultations are still ongoing to nominate members for the minority leadership positions in the senate. He said the PDP NWC met with members of the party’s senate caucus as a part of the ongoing consultations. Ologunagba said at the meeting, “the importance of a virile and stable opposition” in the national assembly was emphasised. He said the “caucus assured that it will play that important role in the defence of democracy” and “in the interest and wellbeing of Nigerians.” “The meeting condemned in its entirety the alleged subterranean moves by the All Progressives Congress (APC) to meddle with the affairs of the minority with regards to the emergence of the minority leadership which is an exclusive reserve of the minority caucus as expressly stipulated by constitutional provisions and standing rules of the senate,” the statement reads. “The PDP and the senators continue with consultations on the emergence of the minority leadership in the senate and are resolved to collectively present a unified leadership after due and conclusive considerations. Accordingly, the PDP will continue to provide the necessary leadership in this regard.” Ologunagba said the PDP NWC was mandated to communicate to Senate President Godswill Akpabio that the nominations into the minority leadership positions have not been concluded. He added that “upon conclusion, the nominated list would be formally conveyed to the senate president appropriately for necessary action.” Ologunagba said the party commended members in the senate for their unity, steadfastness, loyalty and commitment towards the sustenance and deepening of democracy in our country. https://www.vanguardngr.com/2023/07/10th-senate-apc-meddling-in-minority-leadership-selection-pdp-nwc/ |
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Let the poor breathe...... don't suffocate them |
......others In what looks like closing in on the former Kano State Governor, Umar Abdullahi Ganduje, the State Public Complaints and Anti-Corruption Commission has apprehended his former commissioner and four others over allegations of N1billion fraud. The reinstated anti graft czar in the State, Barr Muhyi Magaji Rimin Gado had promised that all those accused of bribery and corruption would pay for their sins. This has now resulted in the arrest and detention of the former commissioner for works and infrastructure, Engr Idris Wada Saleh and five others over allegations of N1billion fraud. The commissioner, who was also the Managing Director, Kano Road Maintenance Agency, the Permanent Secretary, Public Procurement Bureau, Mustapha Madaki Huguma, the Director of Finance, the Director of Research and Planning, among others, were arrested on Monday evening over allegation of withdrawing over N1billion for the rehabilitation of 30 roads and drainage in the metropolis, projects that were allegedly not carried out. A source at the commission told DAILY POST that the money which was withdrawn in three tranches was paid into account of three companies in April 2023. “Surprisingly the Public Procurement Bureau even issued a certificate of no objection for the contract after the payment was made ten days earlier which is against the Procurement Act 2021. ‘’The Due Process office said the certificate of no objection was issued because Kano Road Maintenance Agency said the rehabilitation of the roads would be carried out through direct labour but the papers submitted read otherwise,’’ the source said. Spokesman of the commission, Abba Kabir confirmed that those arrested are undergoing interrogation and would be arraigned before the court immediately investigation is completed. https://dailypost.ng/2023/07/04/alleged-n1bn-fraud-kano-anti-corruption-commission-arrests-gandujes-commissioner-others/ |
Laheelow:I hope we won't be back here talking about another subsidy |
Cc. Richiez, olawalebabs, Fynestboi) |
Ahead of today’s resumption of the Senate, the leadership of the Peoples Democratic Party has resolved to transmit a letter to the Senate President, Godswill Akpabio, to stay action on filling the position of the Senate minority leadership of the upper legislative chamber.https://punchng.com/minority-leader-pdp-writes-akpabio-over-nominations/?amp
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Amid controversy surrounding Ejimeme Joy Mmesoma’s results, the Joint Admissions and Matriculation Board, JAMB, has barred her from sitting for the examination for three years. Fabian Benjamin, JAMB’s spokesperson, disclosed this in a statement on Monday. According to him, the Board stands by its decision that the result being paraded by the candidate is fake. Recall that Mmesoma claimed that she scored 362, but JAMB refuted it, noting that she scored 249. The issue generated divergent views on social media; however, JAMB said Mmesoma had committed a weighty infraction. “The Board would like to reassure Nigerians that its system was neither tampered with nor compromised as the candidate simply falsified a copy of a result slip of a candidate named ‘Asimiyu Mariam Omobolanle’, who sat the UTME in 2021 and scored 138. “In the meantime, the management of the Board, after considering the weighty infraction committed by Ms Ejikeme Joy Mmesoma, and in line with its established procedures, has withdrawn her 2023 UTME result and also barred her from sitting the Board’s examination for the next three years.” https://dailypost.ng/2023/07/04/alleged-fake-result-jamb-bans-ejimeme-mmesoma/ |
Onyetola lieutenants did all these and his still lost re-election |
LordviccoDaGuru:INEC is looking for witnesses to defend them, including Tinubu and APC at the tribunal (PEPT). Don't you think you will be more useful to them there rather than wasting away here |
Let the poor breathe...... don't suffocate them |
Garfield, Helinues ,yarimo, Ihordspy LeoDeKing, INEC is looking for witnesses. What are you all doing here on Nairaland....I expect you all to storm the court in defence of INEC, APC and Tinubu |
muykem:But the courts have discharged him |
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abc115:So these are the much talked about Tinubu's best brains |
The Federal Account and Allocation Committee (FAAC) disbursements to the federal, state and local governments is set to hit a record N1 trillion following unification of Nigeria’s exchange rates at the Investors and Exporters (I & E) window, analysts have said. Nigeria’s earnings in terms of oil revenue were before now measured using the official N460 to $1 official exchange rate. However with the floating of the naira, which is now over N730 to $1, it implies that the country will be making almost double revenue from the sale of crude oil. Daily Trust reports that the Central Bank of Nigeria last month, in an official statement, announced the unification of all segments of the forex market collapsing all windows into one. Previously, there were different windows and a fixed exchange rate system in place. However, with the recent changes, the exchange rate will be determined through the I&E window, where transactions will be conducted. With the new development, market forces such as supply and demand are now playing a significant role in determining the exchange rate. It also means that even individuals applying for Business Travel Allowance (BTA) and Personal Travel Allowance (PTA) will also pay the official exchange rate at the I&E window. Daily Trust spoke to analysts who gave insights on the likely impact of the policy on government revenues and what subnationals can do to boost economic growth. States must invest huge revenues before inflation sets in – Paul Alaje Speaking to Daily Trust on the impact of the new policy on revenues, the Senior Partner at SPM Professionals, Paul Alaje, said the new Fx policy will boost revenue for state, federal and local governments. “We will see significant increase in oil earnings because each time we sell crude, even if we don’t increase output, the factor price which has now changed from N460 to over N700 to $1 will mean more revenues. “So for every $1 in revenue that we get, we have added about N300 to it, then multiply that by about 1.6 million barrels per day of crude that we produce, that will be a lot of money,” he said. However, Alaje advised state governments to utilise the huge revenue that will accrue to them now as it will only last for the short and medium terms, adding that inflation will eventually erode the revenues realised by them. “The huge revenue that FAAC will be getting will only last for the short term and medium term because it will naturally be neutralised by inflation in the next 3-6 months due to increase in the prices of goods and services as a result of fuel subsidy removal. “Already, customs have jacked up exchange rate on their import portal to almost N600 to $1 which means cost of import and vehicle clearance will also increase. “Secondly, the cost of energy even to government secretariats is set to increase by 40 per cent. That announcement has been in public domain even though AEDC has backtracked, but other DisCos have not made commitment to that regard. “Therefore, in the short term, we will see revenue boost and any state that doesn’t take that advantage will lose it all to spiral inflation which could start mildly in July and go full blown by the end of the year even if the National Bureau of Statistics does not report it verbertim. “This is even more potent because we are executing the two policies at the same time; fuel subsidy removal and unification of Fx rates which means humongous revenue. By implication we are expecting FAAC allocations to hit the N1 trillion mark or even exceed,” he further explained. Domestic revenues will rise, but foreign debt may double – Prof. Uwaleke Speaking on the development, a finance analyst and the president, Association of Capital Markets Academics (ACMAN), Prof. Uche Uwaleke, said the implication of the new Fx policy is that the revenue for the three tiers of government will be huge, but foreign debt may double. Prof. Uwaleke said, “The new Fx regime will definitely see a rise in FAAC allocation, as evident in May allocation which has increased to N786bn. “Also, another advantage is that there will be increase in naira in terms of dollar denominated assets held by state governments.” He however said the policy has its downside which includes increase in foreign debts of the country, which is quoted in dollars, as well as rise in inflation. “With the unification of the rates, we will also witness increase in foreign debt as well as foreign debt service of the country. It also means that inflation will be on the rise as well as the likely reduction in the share of Value Added Tax (VAT),” he added. Uwaleke therefore advised states to open special fund account where they will invest additional FAAC revenues on agriculture and critical infrastructures. Policy likely to send more Nigerians into poverty –Momoh Another economist, Joseph Momoh, who spoke to Daily Trust on the issue, said although the Fx unification and subsidy removal will mean more revenues for government, it may likely send more Nigerians into poverty According to him “Already a World Bank report released on 27th June 2023 says four million Nigerians have moved into the poverty bracket in the first half of 2023 and another seven million are at risk of sliding into poverty at the end of the year if subsidy removal is not carefully managed. “Nigeria is one of the poorest countries in the world with another 133 million people living in multidimensional poverty according to the National Bureau of Statistics. “This means that with about 89 million people already living in poverty and 11 million joining by the end of this year, it means 100 million people living in poverty. “The figures are a wake up call for government at all levels to commence aggressive developmental projects and provide palliatives to citizens to shield the impending poverty crisis as a result of the two major policies of Fx unification and subsidy removal by the government,” he said. Momoh added that the only way government can reap the impact of revenue boost is to invest in its people and infrastructure. https://dailytrust.com/faac-disbursements-to-hit-record-n1tr-following-fx-unification/ |
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muykem:Elections are now over, healing process is what should be encouraged at the moment |
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