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Buhari set to sack INEC Chairman, Yakubu, to appoint Amina Zakari as replacement – CUPP
The Coalition of United Political Parties, CUPP, has raised the alarm over an alleged plan by President Muhammadu Buhari to suspend the Chairman of the Independent National Electoral Commission, INEC, Mahmood Yakubu.
CUPP also alleged that President Buhari wants to replace Yakubu with Amina Zakari as Acting Chairman under the guise of INEC inability to conduct the presidential and National Assembly elections today.
According to CUPP, Buhari wants to sack INEC Chairman for refusing to conduct staggered election today.
In a statement to DAILY POST on Saturday, by its National Spokesperson, Ikenga Imo Ugochinyere, CUPP said the Buhari-led APC sabotaged INEC distribution of materials and turned back to condemn the electoral umpire.
The political parties, however, warned that the move to sack INEC chairman will throw Nigeria into full electoral and constitutional crisis.
The statement reads,
“The Coalition of United Political Parties is alerting the world of plan and decision by President Muhammadu Buhari to announce the suspension of the Chairman of the Independent National Electoral Commission, Mahmood Yakubu, from office.
“The President has also pencilled down Amina Zakari for appointment as the Acting Chairman citing her experience as the oldest and most experienced National Commissioner of the Commission.
“The President is planning to use the excuse of inability to hold election today as a reason for the imminent suspension.
“Feigning ignorance of the real reasons behind the shift, the President in his earlier statement today did not have just a word for the shameful and despicable actions of security forces and the central Bank staff who in obedience to Presidency directives deliberately sabotaged the distribution of sensitive materials in selected states.
“We are aware that his hurried return to Abuja today from his home state, Katsina is to sack the INEC boss. But this should be resisted by all well meaning Nigerians and the international community.
“The sin of the INEC Chairman is that he refused to conduct staggered elections that will allow the President and his men to manipulate the process.
“The Presidency had mounted pressure on the Commission to conduct election today in states where there were no issues and postpone only the states with materials distribution issues. The INEC Chairman insisted on conducting the election at the same time hence warranting the postponement of the entire election.
“We hereby warn President Buhari that the position of the INEC Chairman is independent, hence, he cannot be removed from office via suspension. The 1999 Constitution in Section 157(1) states that the Chairman and members of the Commission may only be removed by the President acting on an address supported by two-thirds majority of the Senate that the person be removed for inability to discharge the functions of the office (whether arising from infirmity of Mind or body or any other cause) or for misconduct
“We are aware that the government itself sabotaged INEC distribution of materials and he is turning around to suspend the Chairman of INEC illegally.
“We are warning that any attempt to sack or suspend the INEC Chairman will only lead to electoral and constitutional crisis. The nation is still grappling with the illegality and unconstitutionality of the removal of the Chief Justice of Nigeria and the President wants to go down this ignoble path again.
“If the President has ears, let him hear.”
Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.
In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.
“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.
He added, “I wish you many more years of God’s grace in your life.”
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.”
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