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Buhari Says Govt. Spent Last 2 Years Digging Country Out of Mess

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President Muhammadu Buhari says the All Progressives Congress (APC) led Federal Government has been salvaging Nigeria from her challenges since he assumed office.

The President said this on recently while presiding over a meeting of the party’s National Executive Committee (NEC) in Abuja, the Federal Capital Territory.

He urged leaders and members of the APC at the meeting, as well as Nigerians, to support the security agencies in tackling insecurity in the country.

Ahead of the forthcoming elections, President Buhari declared the APC as the party of the Nigerian people and asked its leaders and members to join forces towards achieving victory in the 2019 polls.

He further asked them to remind Nigerians of the past and thank them for supporting the APC in spite of the recent challenges in the country.

The President also appealed to the party faithful not to relax and support the presidential committee led by former governor Bola Tinubu, to reconcile all aggrieved members of the APC.

Read the President’s full remarks below:

I welcome all of you dear party members to this year’s NEC meeting.

Let me first record my appreciation to the party leadership in Abuja and the states for their stewardship of the party affairs. In particular, may I commend our Chairman, His Excellency Chief John Odigie-Oyegun, for steering the party from success to success.

From our resounding victory in 2015, to gubernatorial elections in Kogi, Edo and Ondo as well as much improved showing in Anambra Elections. APC is the party of government and now the party of the Nigerian people.

Mr Chairman, Members of NEC, great credit is due to our APC State Governors for stabilizing the country and to our Armed Forces, Police and other Security Agencies for stopping Boko Haram in its tracks and driving them from their bases. No country, however well secured, can prevent isolated acts of terror as we have seen in America, Europe, Asia and here in Africa.

We must support our Security Agencies to safeguard our country so that the job of development as outlined in our Manifesto can proceed without too much interruption.

Mr Chairman, Members of the National Executive Committee, we cannot afford to fail to remind Nigerians where we came from in 2015. I am happy to report that slowly and steadily we have managed to stabilise the country and re-direct the ship of the State.

We have restored prudence to the management of public finances. Confidence in Nigeria has been restored. On February 23rd, Nigeria issued 12-year and 20-year Eurobond on the international market, which were both oversubscribed. The 12-year bond was within days subscribed by 332%. The 20-year bond was subscribed by 372%.

We have stabilised the Naira, increased our foreign reserves from US$20 billion to US$40 billion. Inflation rate is down. With considerably less resources available to the country, we have improved all indices towards a stronger economy.

Above all, we must pay tribute to the Nigerian people. They still massively support the government in spite of distractions from exponents of “business-as-usual”.

Nevertheless, I am not asking us to relax and take things easy. As we all know, elections are looming on the horizon, we must, therefore, get our act together. Accordingly, I implore all members of the Party to give the Asiwaju Committee full cooperation to resolve differences existing amongst our members in the States affected. It is perhaps inevitable that there would be differences of opinion within the Party. If we didn’t have differences we wouldn’t be a genuinely democratic Party.

But we must not lose sight of our common purpose as a new Party to break the mould of Nigerian politics and take the country to new heights. Therefore, we have asked our respected Asiwaju Bola Ahmed Tinubu to lead this process of restoring order to the ranks, manage differences and strengthen the Party.

Mr Chairman, members of the National Executive Committee, I must acknowledge that the pace of government has not met the expectations of many within our Party. But few of us knew or appreciated the depth of the hole when we took office. Thus we spent the last two years digging the country out of the mess we met.

Furthermore, the stand-off between the Executive and the National Assembly slowed the process of government. We are working hard to resolve the differences so that the country can move forward.

Soon, primaries for; wards, local governments, state and centre will be due.

I urge all members to take account of the fact that APC has a history of conducting free and fair primaries whenever consensus about any position is not reached. Regardless of the outcomes of the primary processes, it is imperative that we all work together to ensure victory for our party.

Thank you.

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EFCC: Former Governor Of Kogi State, Yahaya Bello Fails To Show Up In Court, Says He Is Scared Of Arrest

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The embattled immediate past Governor of Kogi state, Yahaya Bello, says he would have appeared at the Federal High Court in Abuja to answer to the 19-count charge preferred against him by the Economic and Financial Crimes Commission, EFCC, but is afraid he would be arrested.

Though Bello was absent for his arraignment today April 23, His team of lawyers addressed the court on his behalf.

A member of his legal team, Adeola Adedipe, SAN, had this to say on his behalf;

“The defendant wants to come to court but he is afraid that there is an order of arrest hanging on his head,” Adedipe, SAN, submitted.

Adesipe then appealed to the court to set aside the exparte order of arrest it earlier issued against the former governor. The lawyer contended that as at the time the order of arrest was made, the charge had not been served on his client as required by the law.

He argued that it was only at the resumed proceedings on Tuesday that the court okayed substituted service of the charge on the defendant, through his lawyer.

“As at the time the warrant was issued, the order for substituted service had not been made. That order was just made this morning. A warrant of arrest should not be hanging on his neck when we leave this court,” counsel to the defendant added.

According to him, the Federal Government did not consult the 36 States of the federation before it enacted the EFCC Act through the National Assembly. He argued that section 12 of the 1999 Constitution, as amended, required the various Houses of Assembly of states to ratify the Act before it could become operative.

“This is a very serious matter that borders on the constitution and the tenets of federalism. It has to be resolved because as it stands, the EFCC is an illegal organization,” Bello’s lawyer added

However, EFCC’s lawyer, Mr. Kemi Pinheiro, SAN, urged the court to refuse the application, insisting that the warrant of arrest should not be set aside until the defendant makes himself available for his trial.

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Nigeria Has Secured $2.25B World Bank Loan With An Interest Rate Of 1% – Minister Of Finance

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The minister of Finance and coordinating minister of the economy, Wale Edun has announced that Nigeria has secured a $2.25bn World Bank loan with a 1% interest rate.

While speaking at the annual meetings of the International Monetary Fund (IMF) and World Bank Group on April 20, Edun disclosed that the loan was approved by the board of directors of the World Bank, and offers a 40-year term, a 10-year moratorium, and a one percent interest rate.

He said;

“If you look at the fact that we have qualified for the processing, just this week to the board of directors of the World Bank of a total package of $2.25 billion.

“There is no such thing as a free lunch but it is the closest you can get to free money. It is virtually a grant. It is about 40 years, 10 years moratorium and about one percent interest. That also is part of the flow that you can count.”

He added that Nigeria also secured similar budgetary support and low-interest funding from the African Development Bank (AfDB). Edun said;

“Clearly, there are also ongoing discussions with foreign direct investors. Some of these things take longer than you expect but they are relatively advanced discussions on major foreign direct investments flows into the country, specific transactions with specific companies, institutions, and authorities.”

This news has however stirred different reactions from citizens as not everyone agrees with the idea of Nigeria borrowing money.

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Update On How Bobrisky Is Treated In Prison – Top Official Discloses

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Top official of the Nigerian Correctional Service has given an update on how crossdresser, Bobrisky is being treated in prison.

Recall that Bobrisky was handed a six-month prison sentence over naira abuse. While sentencing him, Justice Abimbola Awogboro of the Federal High Court in Lagos, said the judgment would be a deterrent to others who are found abusing and mutilating the naira.

An official of the prison who spoke to Punch said the crossdresser was taken to prison after the judgement and he was examined at the point of admission. It was also stated that no realignment of gender or genital organ was discovered as his male biological features were the same.

The source told the publication;

“Bobrisky made a public declaration that he was a male and court proceedings are public records. Every inmate brought into a facility during admission is examined. He was equally examined and no realignment of gender or genital organ was discovered. The male biological features were the same.

“After that, a cell was allocated to him, and he had a certain number of inmates with him. A bed space was also allotted to him. It is just like a boarding house where your housemaster will issue you your personal belongings.

“When it is time for class, he attends. When it is time for food, he will go and get his portion. The same goes with prep and light out. He observes all these without preference. He has been going about his business just like other inmates since he was brought in here.

“He is not getting any five-star treatment and is not being protected from anybody. He follows the same rules and regulations just like every other inmate. Single cells of isolation cells are to prevent outbreaks of communicable diseases.

” In a male prison, homosexuality is outlawed and it is a grievous offence. Sodomy or homosexuality, is frowned upon here in the custodial centre. So any inmate that tries to violate him will face the law.”

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