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2019 presidency: Father Mbaka attacks Buhari, Atiku, predicts winner of election
The Spiritual Director, Adoration Ministry Enugu Nigeria, Rev. Fr. Ejike Mbaka has said that while President Muhammadu Buhari is “change,” former Vice President Atiku Abubakar is “bureau de change.”
Mbaka described Atiku as bureau de change, according to him, because of the foreign currencies that allegedly exchanged hands at the National Convention of the People’s Democratic Party, PDP, before the ex-VP emerged the party’s presidential candidate.
Mbaka however predicted that Atiku will defeat Buhari in 2019 but warned him not to emulate Buhari if he is elected the president.
The fiery cleric said this while addressing his congregation at the Adoration Ground.
“So let the will of God be done in Nigeria. It is like what I have been saying Buhari change or you will be changed”
Mbaka said that Buhari had all the human and material resources at his disposal to make the country better but rather chose to play ethnic, despotic politics.
“What will it take you; change the Chief of Staff, change B, change C, change this and change that; even if it will take 20 Igbo men or 20 Yoruba men to change Nigeria; take all of them. Look at what (Chukwuma) Soludo did in the Central Bank; he has assured Nigeria and the whole world that there is nothing like bank collapse again.
“An Igbo man did this, why can’t Buhari take Soludo for the economic revival and revamping of Nigeria’s economy? And you are busy talking about corruption, playing game with the lives of Nigerians from the issue of Fulani herdsmen to Boko Haram to Jos killings. You said somebody stole, what did he steal?
“Someday, they said the government has spent trillions of naira on social investment scheme and I want to know who are the people they were spending the money on; the Vice President said they are giving N10,000 to small scale businesses and I asked, is this how they will transform Nigeria? You give somebody N10,000 for business, what type of business will N10,000 start?
“Somebody will have billions and want to take the one belonging to the public while hunger will be killing his people. Look at the type of money they shared during the primaries to the extent that they brought Bureau de Change. They said Buhari is change, but Atiku is bureau de change. They were sharing the money in dollars and it was going out in millions of dollars in Nigeria where hunger is killing people; where you don’t have food to eat.
“If they spend such monies to get ticket, how do you think that when they get into power they will rule, of course, they will first recover the money they have spent but the worst is that the money was not being shared to the poor,” he lamented.
Speaking further, the prophet described the cost of APC Expression of Interest and Nomination forms as outrageous.
According to him, if the leadership of the party had conscience, they would not have collected N24 million from people to obtain the forms.
“There are some people that sold their land to pay for this form because of the promise they were made. I don’t think these politicians were thinking of heaven that is why they are ready to kill anybody that stands on their way,” he said.
Mbaka said that Atiku may not be able to solve the problems of Nigeria if he emerged victorious.
“If anybody is thinking that if Atiku becomes the President of Nigeria things will get better, ‘who born you’ because for this country to be good it is easier for a carmel to pass through the eye of a needle than this country to be good,” he said, urging that Nigerians must do their part to make Nigeria the nation of their dream.
The fiery preacher predicted defeat for the APC but said that there was still opportunity for change.
“There are no people that will develop this country that are not in Nigeria. We have people who will develop this nation; but our President left the same type of people who don’t have the same type of vision around him and everything they do is in your head.
“After you are removed, they will bring people that will flog you because you messed up the opportunities because you didn’t listen to the word of God. You didn’t listen to the man of God you have and you were disobeying him.
“The price of disobedience is disgrace,” he declared.
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
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