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Presidency names ex-PDP chairman, Sheriff leader of Buhari 2019 Support Committee

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The presidency, through the office of the Secretary to the Government of the Federation (OSGF), has formally announced a former Chairman of Peoples Democratic Party (PDP), Senator Ali Modu Sheriff as the Director General of Buhari 2019 Presidential Support Committee.

Sheriff was a two-term governor of Borno State and returned to the APC few weeks to the state congresses of the ruling party.

The Committee is different from Buhari Campaign Organisation (BCO) which recently appointed Mr. Rotimi Amaechi, the Minister of Transport as the Director General while Human Rights Lawyer Festus Keyamo (SAN) as the spokesman and Director, Strategic Communications.

The Sheriff-led body has a list of 35 members of the Support Committee, 10 members of National Advisory Committee and 5 members of National Patrons with President Muhammadu Buhari as the Grand Patron.

A popular Kano musician Dauda Rara was appointed National Director Music, while a Nollywood Actor and a member of the Lagos State House of Assembly, Hon Desmond Elliot is the National Publicity Secretary.

Chief of Staff to the Imo State governor and governorship aspirant of APC, Uche Ugwumba Nwosu will serve as the National Secretary.

The Senior Special Assistant to the President on Political matters, Hon Gideon Sammani, made the disclosure in a statement made available to DAILY POST on Friday.

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It noted that the “individuals were selected after the APC National Convention to build on the momentum of the success to step up preparation within the hierarchy and ranks and file of the party to fully support President Muhammadu Buhari to continue with his programmes and policies for the upliftment and advancement of the country with the manifesto of the APC.”

Hon Sammani, who is also Facilitator President Support Committee under the OSGF, said: “In preparation for the reelection of President Buhari in 2019, the Presidential Support Committee, Buhari 2019 has appointed eminent Nigerians to the National Working Committee of the organisation.

“The prominent individuals have been selected from Buhari Support Group in their own rights as loyalists.”

The Vice President, Prof Yemi Osinbajo, Secretary to Government of the Federation, Boss Mustapha, Dr Asiwaju Bola Ahmed Tinubu and Alhaji Mamman Daura all make up the National Patrons of the Committee.

Members of the National advisory committee are: Senator M.T Mbu, Senator Yerima Bakura, Senator George Akume, Senator Abdullahi Adamu, Senator Ita Giwa, Hon Gudaji Kazaure, Hajiya Ireti, Alhaji Ismaila Isa Funtua and Senator Abu Ibrahim.

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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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.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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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.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

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.

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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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