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Babagana Kingibe, a former running mate to MKO Abiola, has endorsed the All Progressives Congress, APC, presidential candidate, Bola Tinubu as Nigeria’s next President.

Kingibe said Tinubu would be Nigeria’s next President due to his sacrifices.

The former Secretary to the Government of the Federation, SGF, spoke during a meeting with Tinubu over the weekend.

“Eyin lo kan, (you’re the next), he said in Yoruba.

“You will move from Jagaban of Borgu to Jagaban of Nigeria; from Asiwaju of Lagos to Asiwaju of Nigeria. For all your sacrifices, for all your effort, God will reward you this time,” he said.

Last week Wednesday, Tinubu emerged as APC presidential candidate after polling the highest number of votes at the party’s primary election in Abuja.

The APC National leader polled 1,271 votes to defeat other presidential aspirants of the party.

Thirty-two states in Nigeria, including Rivers and Kaduna, did not attract any foreign investments in the first quarter of 2022, The PUNCH has learnt.

A report by the National Bureau of Statistics shows that only Lagos, Oyo, Katsina, Anambra states, and the Federal Capital Territory attracted investment during the period.

According to the NBS’ Nigerian Capital Importation (Q1 2022), the total value of capital imported into Nigeria in the first quarter of 2022 stood at $1.6bn from $2.2bn in the preceding quarter, showing a decrease of 28.09 per cent.

When compared to the corresponding quarter of 2021, capital importation decreased by 17.46 per cent from $1.9bn.


The largest amount of capital importation by type was received through portfolio investment, which accounted for 60.87 per cent ($957.58m). This was followed by Other Investment with 29.28 per cent ($460.59m) while Foreign Direct Investment accounted for 9.85 per cent ($154.97m) of total capital imported in Q1 2022.

By destination of investment, Lagos State remained the top destination in Q1 with $1.1bn accounting for 71.16 per cent of total capital investment into Nigeria. This was followed by investment into Abuja (FCT), valued at $446.8m(28.40 per cent).

Anambra Oyo and Katsina states followed, with each raking in $4.1m, $2m and $700,000, respectively.

On the other hand, Abia, Adamawa, Akwa Ibom, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Jigawa, Kaduna and Kebbi states failed to attract any foreign investments during the period under review.

Others are Nasarawa, Kogi, Kwara, Kano, Niger, Ogun, Ondo, Osun, Plateau, Rivers, Sokoto, Taraba, Yobe and Zamfara states.

Categorisation of total capital investment by bank shows that Standard Chartered Bank Nigeria ranked highest in Q1 with $543.20m (34.53 per cent). This was followed by Citi Bank Nigeria Limited with $439.03m(27.91 per cent) and Stanbic IBTC Bank Plc with $251.52 (15.99 per cent).

Speaking in an exclusive interview with The PUNCH, an ECOWAS Common Investment Market consultant, Professor Jonathan Aremu, said, “It’s simple. It’s because they don’t have the attracting factors. The factors that attract foreign investment are not available in those 31 states. One thing about investment is that it is crisis shy. Investment doesn’t go to places where there are crisis. Why? Because investors want stability and predictability of their investments, particularly, having returns on their investments.

“When an economy is witnessing what we are witnessing currently, despite the investment potentials of that kind of economy, investors will wait and see whether the factors that can guarantee predictable and sustainable investments will finally be available.”

He added that the twin factors of a good investment climate as well as a good perception of that climate would have to be present for investors to develop the confidence to bring investments into the country.

Similarly, the Deputy-President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, cited factors such as insecurity and the economic crisis experienced in Nigeria in recent years as major reasons why investors may not consider Nigeria the best possible destination.


Idahosa said, “We know what to do. We simply have refused to do it. We know that we should have put in place a state police system around this country maybe five or 10 years back, before Boko Haram became a monster. If we had state police in Borno State when Boko Haram was a very small, tiny group of ruffians creating local problems, perhaps we never would have heard of Boko Haram.

“Generally, the police system should be taken out of the Exclusive list; so we can have state police, and municipal police, just like we have in other federations. The New York Police Department has a budget that is probably higher than the Nigerian Police. Same thing with the Los Angeles Police Department. We know what to do, it’s just the political confidence to do it.”

Watecblaze:
https://lagostoday.com.ng/spirit-of-june-12-will-inspire-national-greatness-tinubu/

Prof Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC) has announced the closure of all political party primaries effective Thursday, June 9, 2022.

The Commission has also disclosed plans to start uploading names of nominated candidates of parties to the INEC portal.

INEC made the disclosure during a meeting of State Resident Electoral Commissioners at the Commission’s headquarters on Thursday.

The INEC Chairman, Yakubu informed that beginning from Friday, the 10th, to the 17th of June, the 18 political parties in the country are required to upload names and other details of their candidates, including those of presidents and their running mates, Senatorial and federal House of Representatives Candidates.

Similarly, the upload of the list of candidates for state elections, namely, Governors and their Deputies and State Assembly candidates is scheduled for July 1-15th, 2022.

Emphasizing the need for parties to be proactive in responding to deadlines, Yakubu cautioned that the nomination portal would shut down automatically by 6 pm on the 17th for national election candidates and 15th July for those of state election

“All Political Parties are required to upload the details of their candidates for each constituency to the INEC Candidate Nomination Portal (ICNP). To achieve this objective, four officials recommended by each of the 18 political parties were trained on the procedure for uploading the nomination forms to the dedicated web portal. Confidential Access Codes to the portal have already been given to each Political Party to facilitate the uploading of its nominations.

For emphasis, the Commission wishes to remind Political Parties that only the names of candidates that emerged from democratic primaries as provided by Sec. 84 of the Electoral Act 2022 shall be submitted to the Commission. Similarly, the list of all Presidential and Governorship candidates must be accompanied by the names of their running mates (i.e. Vice Presidential and Deputy Governorship candidates) without which the nomination is invalid.

All nominations must be uploaded to the portal on/or before the deadlines. The portal will automatically shut down at 6.00pm (1800hrs) on Friday 17th June 2022 for national elections and 6.00pm (1800hrs) on Friday 15th July 2022 for State elections.

“Nomination Centre has been set up here at the Commission’s Headquarters to receive and process all nominations by political parties, including dedicated telephone lines to serve as Help Desk for any Party that may need assistance”.

The INEC Chairman said the Commission is responding to a request to deploy more CVR machines to needy States and LGAs to enhance CVR in areas disrupted by insecurity, assuring that no prospective registrants would be left out.

An elder statesman, Alhaji Tanko Yakasai, has hailed the emergence of Bola Tinubu as the presidential candidate of the All Progressives Congress.

In a congratulatory message on Thursday, Yakasai said history will be made if Tinubu emerges as the president of the country.

The elder statesman said Tinubu’s emergence as president would signify “the total break away” from military influence in Nigeria’s polity.

He said, “The election of Asiwaju Bola Ahmed Tinubu as the APC Presidential Bearer is indeed an important political development in our country. This transition will lead us to a full-pledged democracy, a milestone of an acclaimed figure and political Juggernaut of the APC National Leader to a National Leader of Nigeria.

“When Asiwaju, a sage, is eventually elected as the President of the country in the forthcoming Presidential Elections, history shall be made in our contemporary political development for a number of reasons.

“Paramount and if elected as President of the Federal Republic of Nigeria, Asiwaju’s election victory will signify the complete and total break away from military influence in our polity which will bring about the return of the country to a full pledge democratic tradition and practice for the first time since the return of civilian rule in 1999.

“It will also constitute a stamp of validation of the 1914 amalgamation of the people of Northern and Southern protectorates by the entire people of Nigeria of their own free will.

“It is gratifying to note that this is the first time the major Political Parties are fielding non-military actors as their Presidential standard-bearers.

“Therefore it is important to appeal to all candidates vying for various political positions in the country to commit themselves to the principles of playing politics according to the rule of the game, eschew politics of bitterness, violence and do away with the culture of thuggery in our political activism and return the country to the path of civility in the conduct of partisan politics.

“May their emergence be the harbinger of the return to politics of decorum, without bitterness as well as the beginning of the arduous task of finding a better strategy that will enhance the needed national unity, peaceful coexistence and cohesion in our country a prerequisite for genuine nation-building.

“I pray that the coming general elections will be conducted in a peaceful atmosphere free from violence. It is our hope that the National Electoral Commission will conduct the election in a peaceful, credible manner devoid of rigging and manipulation.”

osinbanjoisaliar:
https://www.icirnigeria.org/tinubu-is-right-candidate-for-nigerias-aspiration-says-buhari/

Maxymilliano:
https://ait.live/breaking-abducted-kaduna-abuja-train-passengers-regain-freedom/

oshozondii:
Former Kebbi State Governor, Distinguished Senator Adamu Aliero has decamped from the APC for PDP.

Aliero is a two-time Governor of Kebbi State, former FCT Minister and presently Senator representing Kebbi Central in the Senate.

Aliero withdrew from the Primary where outgoing Governor, Abubakar Bagudu won the APC ticket.

Kebbi now has 2 PDP Senators after Senator Abdullahi decamped last week.


Lalasticlala Mynd44

Peterobiisathie:
https://www.premiumtimesng.com/news/top-news/535627-apcpresidentialprimaries-lawan-congratulates-tinubu-says-primary-free-fair.html

Nemere2020:
—Alleges gang up against him by APC Govs

–Says only Buhari can make him step down



https://www.vanguardngr.com/2022/06/apc-convention-excluding-me-on-ballot-recipe-for-crisis-yahaya-bello/
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Mynd44

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ArewaNorth:
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