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What Tinubu said about Atiku, Oshiomhole after Wednesday’s meeting with Buhari
Bola Tinubu, the National Leader of the All Progressives Congress (APC), has dismissed the threat posed by Atiku Abubakar, who is the presidential candidate of the Peoples Democratic Party (PDP).
After meeting with President Muhammadu Buhari on Wednesday, Tinubu was asked if he is jittery about the strategy meeting convened by Atiku in Dubai, to unseat Buhari.
“We don’t fear. Whether it is in the jungle, or it is in Dubai or it is in Abu Dhabi, people are free to meet and strategise in anyway they want but we are not going back to the illusion of the PDP.
“It is not possible, Nigerians will not do that. They say slow and steady wins the race. We inherited that from our forefathers and knowledgeable people. We can’t go back to the pit that we inherited for 16 years. They can strategise from anywhere but a leopard cannot change it skin,” he told State House correspondents.
He said the meeting with Buhari was about “the nation, the country, our people, peace, stability and economic progress”.
Asked if he was in support of the call for Adams Oshiomhole’s removal as APC national chairman, Tinubu said: “No. We all have to respect party supremacy. You were all here when we had the congress, we elected the new executives, the convention we had it, the NEC was formed and we surrendered to avoid conflict, to avoid domination, to avoid abuses of power, we surrendered our rights, all rights to the national working committee headed by Adams Oshiomhole.
“That the national working committee should set up electoral bodies to supervise various state congresses and elections. We signed for it. So, if it is not in our individual favour, so be it. We gave three options: consensus, where there is no consensus because if you are more than two or three and you cannot agree to one candidate, you go to the next level.
“The next level is the stakeholders’ delegate election and you have to be supervised by the national working committee of the party, national election committee of the party. That shows party supremacy.
“We had the freest option, the less cumbersome is to open direct primary, line up and count the number, 1,2,3. If you win, you win and if you fail, go home. Then appeal committee was set up to listen to all appeals, internal mechanism for conflict resolution. It was there, you cannot turn round against that, you cannot turn against all of that.
“No. Party is supreme, party must be respected, abuses will not do it and anger will not do it. It is party politics, somebody will win and somebody will lose… too bad.”
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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