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Atiku’ll Rescue Nigeria from APC’s Misrule – PDP

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By Jude Opara, Johnson Eyiangho, Abuja & Yagana Ali, Yola


The People’s Democratic Party (PDP) presidential candidate, Atiku Abubakar has been described as a national project firmly built on equity, fairness, justice, and which enjoys the acceptance and support of all Nigerians, in the collective resolve to rescue the nation from the misrule of the All Progressives Congress (APC).


The Atiku/Okowa Presidential Campaign Organization, which stated this in a statement yesterday, appealed to Nigerians and lovers of democracy to join forces with Atiku and his running mate, Dr.
Ifeanyi Okowa, to save the country from its current drift by coming out enmasse to elect them on Saturday, February 25, 2023.

The Campaign salute Nigerians for their overwhelming support for Atiku and the PDP as being demonstrated by the unprecedented overflowing crowd at campaign rallies and solidarity in all PDP’s engagements across the six Geo-Political Zones ahead of the election.
Spokesman for the campaign, Kola Ologbondiyan, said such massive support and organic followership not only point to the confidence and trust Nigerians across board has in Atiku Abubakar but also showed that the APC and its Presidential Candidate had no foothold in any part of the country.
“This is because Atiku Abubakar stands out as the candidate with the blueprint, most preferred programs and a readiness to lead our nation to the path of unity, national stability and economic recovery
“Atiku in his Marshall Plan has showcased the readiness to unify our nation, guarantee her security, revive the economy and steer her away from the looming danger of crisis, brawling and rioting into which she has been sunk by the APC
“The Atiku/Okowa Campaign urges Nigerians to rekindle their hopes in line with the Atiku Call for a Government of National Unity (GNU) under his leadership as the elected President so as to revamp our national productivity, restore our dignity and take back our pride of place in the comity of nation as one of the largest and strongest economies of the world,” Ologbondiyan said.

Five Political Parties in Adamawa Collapse Structure for Ex-VP
Former Vice President and the presidential candidate of the PDP Alhaji Atiku Abubakar, has promised not to disappoint Nigerians if elected the next president of Nigeria in the forthcoming general elections.
The PDP presidential hopeful stated this at Mahmud Ribadu Square in Yola in an event marking the grand finale of the PDP campaign after a successful tour across the country.
He revealed that a similar opportunity was presented to him under the platform of the party in 2019 but couldn’t succeed and urged the people to take up this opportunity not to fail the state and the party in the forthcoming elections.
He promised to ensure he work towards actualizing his promise of restructuring the country and improving Nigeria’s economy and the education sector among others.
He acknowledged the passion and giant strides of Governor Ahmadu Umaru Fintiri in the development of the state especially his investment in the education sector saying that the Governor has done well and urged the masses in the state to vote him for another term in office to continue the good works.
He called on the people to take up the opportunity given to him and Adamawa State to produce the next president of the country by going all out next week to vote for him and all other candidates of the state.
In his speech, Governor Ahmadu Umaru Fintiri said that Atiku is the right leader for the country and outshines all other candidates from other people’s parties have come up with 5 importanagendasda that will make Nigeria great.
On his part, he said he will continue to work towards maintaining peace, unity, and development of Adamawa State across all sectors of the state economy.
While addressing the people, the National Chairman of PDP Senator Iyorchia Ayu revealed that in all the states visited their candidate is widely accepted and thanked the people of Adamawa State for coming out en-mass to show solidarity for their son.
He stated that the strength of the PDP and its candidate has collapsed other opposition parties having produced a qualified candidate who is battle ready to change the narratives.
According to him, Atiku is the most qualified among all other aspirants vying for the office of the president in the scheduled 25th general elections.
He said Atiku is the only candidate capable enough to address the division in the country and unite the people and restore the lost glory of the country APC’s bad leadership.


In their separate remarks the Director General and Chairmen of the PDP Presidential Campaign Council Governors of Sokoto and Akwa Ibom States, Rt. Hon. Aminu Waziri Tambuwal and Udom Emmanuel respectively appealed to the people not to risk the chance of the state to produce Nigeria’s next president.
He said aside been the son of the soil, nationally Atiku and his running mate Okowa are the only ones competent to lift Nigeria from the misrule of the present administration under APC.


According to them, other candidates’ chances are dead on arrival saying that the PDP party is sensitive in the choice of its candidate who according to them has the blueprint and showcases national unity and development that Nigerians need in this critical period in the nation’s history.


Earlier before the grand finale, the PDP presidential candidate and his entourage paid royal homage to Lamido Adamawa, HRH Alhaji Mohammadu Barkindo Aliyu Mustafa, and seek his support and royal blessings.

Vote for Tinubu, He’s Reliable, Buhari Woos Voters
President Muhammadu Buhari, yesterday, sent a message home from Addis Ababa, saying he is fully aware of the hardship of some policies of government and vowed to take appropriate action, while also urging Nigerians to vote for the presidential candidate of the All Progressives Congress, APC, Bola Ahmed Tinubu.
While making the disclosure in a statement, Garba Shehu, Senior Special Assistant to Buhari on media and publicity, stated: “In the campaign message to voters, the President specifically called on “our traditional rulers, religious leaders and parents to warn their followers and wards alike, to not allow themselves to be used by a few to foment trouble”.
Buhari’s message, as contained in the statement, was concise and to the point: “I want to assure you that the Government has taken adequate security measures to allow everyone to come out and cast their votes. I am therefore appealing to everyone to give them the necessary support.
“Fellow Nigerians, I want to use this opportunity to thank you again for electing me to be your President on two occasions.


“I am not a contestant in this election, but my party, the All Progressives Congress, has a candidate in the person of Asiwaju Bola Ahmed Tinubu. As I mentioned before, Tinubu is a true believer in Nigeria who loves the people and the development of our country.


“I am calling on all of you to vote for Asiwaju Bola Ahmed Tinubu. He is reliable, and I trust he will build on our achievements.


“Finally, I am fully aware of the current hardship you are facing as a result of some policies of the Government which are meant to bring overall improvement to the country.


“I am appealing to you to exercise further patience as we take appropriate measures to ease these hardships. God willing, there will be light at the end of the tunnel.”

Obey Supreme Court Order on Old Currency, APC Governors Tell Malami, CBN
Apparently worried by the crisis that has rocked the ruling All Progressives Congress (APC) over the new monetary policy introduced by the Federal Government, the Presidential Candidate of the APC, Asiwaju Bola Tinubu, the National Working Committee (NWC) of the party and the Progressives Governors Forum (PGF) were yesterday locked in a meeting at the National Secretariat of the party, after which they urged the Attorney General of the Federation (AGF), Abubakar Malami, to ensure that the interim order of the Supreme Court on the Naira redesign is complied with by the Central Bank of Nigeria (CBN).


“I’m sure you are quite aware of the fact that a meeting comprising the APC governors was held today and the leadership of the NWC of our great party this afternoon and we had discussion and at the end of the discussion, we have resolved as follows and this resolution is without prejudice or whatsoever to the case that is lying at the Supreme Court at this point in time. This has to do with the issue of currency redesign.


“We note very seriously that the programme and its implementation is causing tremendous difficulties to the people of Nigeria and to the national economy.
“That we urge the Attorney General of the Federation and the Governor of the Central Bank of Nigeria to respect the Supreme Court order of Interim injunction which is still subsisting.


“That the meeting is urging his Excellency, Mr. President to intervene in resolving issues that are causing this great difficulties to the economy”.
On the surprise entrance of Asiwaju Bola Tinubu, the National Chairman said; “Tinubu’s visit is a normal visit.


“Are we on the same page with the governors and the party? We are. The Governors Forum, the National Working Committee of the party, we are on the same page”.
Also speaking, Chairman of the PGF, Atiku Bagudu said the governor’s are comfortable with the position of the their colleagues that have gone to the Supreme Court to force the continuous use of the old Naira notes.


“Once the Chairman spoke, the governors and the party are one and the same. And I am very proud about the conduct of our campaign by our Presidential candidate.


“The Director General of the campaign and indeed, governors and the candidate across the country have been doing a tremendous job of mobilizing the Nigerian populace and we are very, very impressed with the support of the majority of Nigeria”.
Earlier in his opening remarks, National Chairman Sen. Adamu said the meeting became important following the recent developments in the country. He also said that the meeting does not warrant apportioning blames, rather a forum of finding a common front for the overall interest of the country.
“You will recall the recent developments that have necessitated the need for this invitation.


“We do not want to sit in judgment or anybody in regard to where we are today in the country as it affects our great party.
“I thought the best thing to do is to get all those who are holding forth in their respective positions and who were elected on the platform of the party to get together and have some interaction so that we can have a better understanding of what situation we are in. “That is the essence of this invitation”.
It could be recalled that Tinubu had earlier claimed that the new Naira policy was introduced to stop him from winning the election and only last week after President Muhammadu Buhari announced that the old N500 and N1,000 notes are not to be used in the country again, Governor Nasir El-Rufai later that evening gave a counter directive to residents of Kaduna to continue to use the currencies pending the decision of the Supreme Court.


The governors who attended the meeting include; Yahaya Bello (Kogi), Simon Lalong (Plateau), Sani Bello (Niger) and Biodun Oyebanji (Ekiti).
Others are; Mai Mala Buni (Yobe), Mohammed Matawalle (Zamfara), Nasir El-Rufai (Kaduna), Yahaya Inuwa (Gombe), Abubakar Badaru (Jigawa), Abdullahi Sule (Nasarawa), Babajide Sanwo-Olu (Lagos) and Senator Atiku Bagudu (Kebbi).
Also, Imo and Katsina sent their deputies while eight states; Borno, Ogun, Kano, Ondo, Ebonyi, Cross River and Kwara were absent.

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Tinubu Economic Reforms Painful, Yet Necessary, Presidency again Insists

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By David Torough, Abuja

The Presidency has issued a strong rebuttal to recent criticism by a faction of the pan-Yoruba socio-political group, Afenifere, accusing it of peddling falsehoods and failing to acknowledge the measurable gains made under President Bola Tinubu’s Renewed Hope Agenda.

In a statement titled “Response to Afenifere Faction’s Deceitful Statement on President Bola Tinubu’s Midterm,” the Special Adviser to the President on Media and Public Communications, Sunday Dare, described the group’s remarks as biased, misleading and aligned with partisan opposition rhetoric.
The presidency, while defending the administration’s economic reforms and governance record, called on opposition leaders and their supporters to go beyond criticism and present realistic policy alternatives.
“It is now pertinent to inquire from opposition leaders about alternative strategies they would propose in contrast to this administration’s extensive list of significant achievements currently benefiting Nigerians in real-time,” Dare said.In response to Afenifere’s claim that Nigeria had suffered “economic deforms” under Tinubu, the statement pointed to bold reforms — notably the removal of petrol subsidies and the unification of the naira’s exchange rate — as crucial steps in halting fiscal decline and restoring investor confidence.According to Dare, the removal of fuel subsidies saved over $10 billion in 2023 alone, while the floating of the naira has contributed to a growing foreign reserve base, now at $38.1 billion, and a trade surplus of N18.86 trillion.Inflation, while still elevated, is reportedly on a downward trend, with April 2025 data showing a reduction to 23.71%, and food inflation moderating to 21.26%. These improvements, Dare argued, signal macroeconomic stabilisation after years of policy distortions.Complementing the reforms are social interventions, such as cash transfers to over 5.7 million poor households, the Students’ Loan Scheme (NELFUND), increased stipends for youth corps members, free CNG kits for transporters, and a N70,000 minimum wage proposal.Dare also listed notable achievements: 900,000+ beneficiaries of the Presidential Loan and Grant Scheme, $10 billion in cleared FX debt, N50 billion released to resolve ASUU strikes, 1,000+ revitalised primary healthcare centres, N75 billion in palliatives to states, 3.84% GDP growth in Q4 2024, $50 billion in new FDI commitments as well as $800 million raised from solid minerals processing in 2024.“Dismissing these reforms as ‘unforced errors’ shows a lack of policy understanding and underestimates the scale of fiscal dysfunction this administration inherited,” Dare noted.On allegations of increased governance costs and failure to implement the Oronsaye Report, the presidency clarified that while full implementation of the report is ongoing, important steps have been taken to restore fiscal discipline.Nigeria’s fiscal deficit reportedly declined from 5.4% of GDP in 2023 to 3.0% in 2024, with debt service-to-revenue ratio reduced to under 40%. Revenue generation rose to N6 trillion in Q1 2025 — a reflection, according to the presidency, of reforms that include the elimination of Ways and Means financing.Reacting to accusations of favouritism and corruption in palliative distribution and mega-project execution, the presidency cited the suspension of Humanitarian Affairs Minister Betta Edu over a corruption probe as proof of the administration’s commitment to accountability.In 2024, the EFCC secured 4,111 convictions and recovered over N364 billion, alongside millions in foreign currencies. In what Dare called a “landmark recovery,” a 725-unit estate in Abuja was forfeited to the federal government in May 2025 — the agency’s biggest asset recovery to date.On charges that Tinubu’s government is veering toward authoritarianism, Dare maintained that democratic institutions remain intact.He cited the Supreme Court’s upholding of opposition victories in Kano, Plateau, and Abia as evidence of judicial independence.Criticism of INEC’s appointments, he said, lacks concrete evidence that any of the appointees are card-carrying members of the ruling APC.He also dismissed concerns over centralisation of power, especially regarding security architecture, noting that discussions on state policing are ongoing and subject to national security assessments.On the security front, the presidency reported the neutralisation of over 13,500 terrorists and the arrest of 7,000 suspects in the past year. The administration, it said, is investing in food security through agricultural mechanisation, and expanding access to tech skills under the 3MTT programme targeting 150,000 youths.Dare further highlighted the establishment of regional development commissions across Nigeria’s six geopolitical zones as a step toward more inclusive growth.While Afenifere accused the federal government of fomenting discord within opposition parties, the presidency described the claim as “baseless” and challenged opposition actors to focus on policy instead of conspiracy.“Economic reforms are undoubtedly laying the foundation for long-term stability,” the statement read.“The Moody’s upgrade from Caa1 to B3, with a Stable Outlook, is proof that Nigeria is turning a corner.”Sunday Dare concluded with a call for constructive engagement, urging critics and political actors to abandon partisanship and join hands with the administration in building a better Nigeria.“Under President Tinubu’s leadership, Nigeria is turning the corner. From stabilising the naira and curbing inflation to reducing debt burdens and expanding access to education and health, the administration delivers bold reforms with actual results.”He acknowledged the hardship being experienced by Nigerians but expressed confidence that continued reforms would bring microeconomic relief in the short term and sustained growth in the long run.

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NDIC Moves to Enhance Deposit Insurance Core Principles

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By Tony Obiechina Abuja

The Nigeria Deposit Insurance Corporation (NDIC) has called for feedback from financial services industry stakeholders in the country, policy makers and the general public towards the ongoing revision of the International Association of Deposit Insurers (IADI) Core Principles for Effective Deposit Insurance System.

The proposed revision launched by IADI in May 2025, is a significant step towards enhancing the resilience and relevance of deposit insurance frameworks in the face of an evolving global financial landscape.
Specifically, the revision is aimed at comprehensively addressing structural changes, including digital innovation, the growing role of deposit insurers in resolution, and lessons learned from the banking turmoil in March 2023, which is the most significant systemic stress event since the 2007-09 global financial crisis.
The IADI Core Principles are used by jurisdictions, including Nigeria, as a benchmark for assessing the quality of their deposit insurance systems and for identifying gaps in their deposit insurance practices and measures to address them. The Core Principles are also used by the International Monetary Fund (IMF) and the World Bank in the context of the Financial Sector Assessment Programme (FSAP), to assess the effectiveness of jurisdictions’ deposit insurance systems and practices.According to a statement by Hawwau Gambo Head, Communication & Public Affairs of the NDIC, the first set of the Core Principles was issued jointly by the IADI and the Basel Committee on Banking Supervision (BCBS) in June 2009 while the document is subjected to periodic revision order to keep it up-to-date with evolving trends on the global financial system landscape.”As a founding and committed member of IADI, NDIC recognizes the importance of the ongoing revision and hereby invites stakeholders and the general public to actively participate in the process by reviewing the document on the link https://ndic.gov.ng/wp-content/uploads/2025/06/Draft-Revised-IADI-Core-Principles.pdf”, the statement added.

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COAS Relocates to Benue, Leads Fresh Operation over Herdsmen Killings

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By Attah Edeh, Makurdi

The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, has relocated to Makurdi, the Benue State capital, over the incessant killings of innocent villagers by herders and militia groups.The killing, which is becoming almost a daily occurrence, has left many dead, several others injured and maimed, and several houses burnt, leaving many homeless.

It was gathered that Lt Gen Oluyede departed Abuja yesterday morning, accompanied by his Principal Stafftaff Officers (PSOs) and other top officers at the Army Headquarters, to the state to have an on-the-spot assessment of the situation on the ground.
The COAS did not address the media, traditional rulers and heads of other security agencies in the state.
However, Governor Alia told the Benue Traditional Council and state Security Council members the purpose of the visit of the army chief.Alia said the COAS had brought a message of hope to the people of Benue in the face of the renewed unprovoked attacks and killings perpetrated by armed herders.Sources further said the army chief has ordered the deployment of more troops to the state to give the militia and other armed groups terrorising the people of the state the battle of their lives.In Benue State, the source said, the COAS will hold strategic meetings with all operational and unit commanders to brainstorm on the way forward as well as review the ongoing operations with a view to end the killings.The COAS will also visit troops’ locations and operational bases in the state to interact with troops and boost their morale and fighting spirit.The COAS is also expected to visit villages that have been attacked and reassure residents of their safety and the resolve of the Nigerian army to protect the lives and property of law-abiding citizens.The COAS is said to be unhappy with reports of daily killings in Benue that have ravaged the state in the past few weeks and may order some strategic changes, including the redeployment of some commanders to head some of the operational units on ground.Oluyede, while in the state, will personally lead troops in the operation on the battlefront. He is expected to spend some days in the state before relocating back to Abuja.Recall that the attacks in Benue have been described as ethnic cleansing by many, as gunmen suspected to be herdsmen have embarked on a killing spree, attacking villagers in their villages using sophisticated guns and machetes.Last weekend gunmen killed 43 persons in renewed attacks carried out on several communities of Gwer West and Apa Local Government Areas (LGAs) of Benue State.The attacks occurred barely one week after herdsmen militia shot a priest, Rev. Fr Solomon Atongo, along the Makurdi-Naka road and attacked four communities in Gwer West LGA, including the village of Bishop Wilfred Anagbe, killing 42 persons, including a mobile police officer.

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