Connect with us

BIG STORY

2023: APC NWC, Governors, PCC Members Unite For Tinubu

Published

on

The All Progressives Congress (APC) National Working Committee (NWC), members of the Progressives Governors’ Forum (PGF) and the Presidential Campaign Council (PCC) yesterday resolved to work for the victory of the standard bearer, Asiwaju Bola Tinubu, and his running mate, Senator Kashim Shettima.

Also, the three organs agreed to set up a conflict resolution mechanism for resolving issues that may affect the presidential campaign and the chance of the ruling party at the poll.

APC leaders were in one accord at their strategy meeting at the party secretariat in Abuja, which was at the instance of the national chairman, Senator Abdullahi Adamu.

It was gathered that the crucial meeting was meant to herald the campaigns.

The standard bearer, a source said, is also expected back in the country today from London where he held talks with businessmen, including Mr. Yemi Idowu, an accomplishment investor.

Ahead of the campaign kick-off, Southeast APC women have held a historic rally in Owerri, Imo State capital.

The event trailed the Lagos APC Women rally and the ‘Walk for Asiwaju, in Ibadan, Oyo State capital, organized by party faithful.

Also yesterday, Catholic priest and former President of Christian Association of Nigeria (CAN), John Cardinal Onaiyekan, declared that the ruling party’s same faith ticket was, in the opinion of APC, the best option.

Addressing reporters after the meeting that lasted for about five hours, Adamu said the leaders, governors and the campaign council have resolved to forge ahead in harmony.

He said: “We are very comfortable. We have established machinery for resolving everything. We are together with the governor’s forum and NWC. I believe the meeting we had is more than useful to us. For us, nothing short of victory, and that is the spirit of this meeting.”

The chairman, who refused to disclose when the party will commence its planned nationwide campaign, however, said APC cannot run faster than its shadow.

Adamu said the party recognised the important role of all its organs, stressing that meaningful progress cannot be made in the 2023 elections without the support of APC governors.

He said: “Essentially, we want to interact with our governors who are the custodians of the fate of APC in their various states that they are privileged by God to lead at this point of Nigeria’s democratic dispensation.

“Being the chief executive officers of their various states, the onus lies in the hands of God and their hands because they are the commanders of the party fortunes in their various states.

“We can not make meaningful progress in the affairs of these states, particularly in an election year that is approaching. We can not plan without the buy-in of our governors so, that we can stand together, believing that we share the same aspirations. We will plan together to see how best we can deliver the interest of the party and ensure that victory is ours in the 2023 general election that is by the corner.”

PGF chairman and Governor of Kebbi State, Atiku Bagudu, said the governors visit the secretariat to strategise.

On the composition of the campaign council, Bagudu, who described the release of the 422-member campaign list as unfortunate,  assured that it would be sorted out.

He said: “Governors are very proud of our party. We are very proud of our party leader, President Muhamadu Buhari. We are very proud of the conventions that produced both our national chairman and our presidential candidate, Bola Ahmed Tinubu, and the vice presidential candidate, Kashim Shettima. We are very proud of the actions of the national chairman and the NWC. We are very proud of the actions of the presidential campaign council.

“We are happy that we are discussing, even though there was a list. It was a mistake. But I am happy that the party is solidly behind our candidate and our party and whatever lists that have come out erroneously, we believe it will be sorted out.”

Other PGF members at the meeting were Arakunrin Oluwarotimi Akeredolu (Ondo), Abdullahi Sule (Nasarawa), Abdulahi Ganduje (Kano), Sani Bello (Niger), Bello Matawalle (Zamfara), Abubakar Badaru (Jigawa), Simon Lalong (Plateau) and the deputy governor of Borno State, Umar Kadafur.

PCC members at the meeting were former APC National Chairman and Deputy Director-General of PCC, Comrade Adams Oshiomhole and former Nigeria Port Authority (NPA), Hadiza Bala Usman, Deputy Director-General (admin).

Women rally support for Tinubu/Shettima in Imo

Thousands of Southeast women yesterday converged on Owerri, Imo State capital, for a rally in support of Tinubu and Shettima.

The women gathered at Hero Square later marched through the Imo International Conference Center (IICC), to the Government House, where Governor Hope Uzodimma received them.

The governor said APC had done well, adding that it is a party to beat in the zone.

He stressed: “In the Southeast, APC is strong; we are in every nook and cranny of the zone and we are solidly behind our presidential and vice presidential candidates and all APC candidates in the zone.”

Uzodimma commended the women for their commitment, resilience, patriotism and for turning out to show solidarity for the party and its candidates.

He said after many years of the civil war, the second Niger Bridge had been completed and most of the federal roads have received face lift.

He expressed confidence that Tinubu would replicate the development he initiated in Lagos in Nigeria, if voted into power.

Uzodimma said: “In 1999, when there was no story of women inclusion and when the Chinese Beijing Conference has not taken resolution, he chose a woman as his running mate in Lagos. So, this is a man after the heart of women”.

The wife of the governor, Chioma, said the rally was organised to show solidarity and support for Tinubu and Shettima.

She said: “It is on record that the ruling APC in Nigeria of today has given women a lot of opportunities in politics and corporate governance more than any other party.

“In Imo State today, our performing governor has done a lot more to improve the standard of life by accommodating women in positions of leadership and governance.”

She said leaders should be courageous and push the boundaries to make things better.

Mrs Uzodimma added: “The best leaders know how to get the most out of people; they enable the full potential in others. These are the qualities we have found in Bola Tinubu right from when he joined politics and throughout the MKO Abiola’s struggle of 1993, the struggle and bustle for democracy and his eventually reign as the Governor of Lagos State from 1999 to 2007.”

The governor’s wife described Tinubu as a “core democrat, a pan-Nigerian who gave different tribes a shot in his administration”.

The national women leader, Dr Bertha Edu, assured party faithful that APC would usher in peace and development in the Southeast.

She said: “We came with an agenda for the Southeast, that agenda is APC.

“As a people, we will continue to vote for APC.”

Same-faith ticket is winning strategy for party – Onaiyekan

Cardinal Onaiyekan said the APC Muslim/Muslim ticket was its best calculation for winning next year’s election.

Onaiyekan explained that the party should not be blamed for taking the decision because it was based on its winning political calculation.

The ex-CAN president spoke at Ede during the first synod of Catholic Church, Osun State tagged: “Faithful witness to dialogue and reconciliation”.

He said: “You will note that the Catholic Bishop Confrence has not taken any action on Muslim/Muslim ticket of All Progressives Congress(APC). The reason is that Muslim/Muslim ticket is a political decision taken by APC as a party on the calculation that is their best way to win the election or assure their victory in 2023 general election.

“There is no point telling them not to take such decision. All you can say is that they will have to accept responsibility for the decision they have taken. I only have one voter’s card and by God’s grace, I will use it.

“But since it is a political decision of a political party, what the church can do officially is to bring out this fact and tell people that they should take their political decision accordingly.”

Cardinal Onaiyekan added: “When the APC leadership appointed Governor of Plateau State, Solomon Lalong, as the Director of Campaign of APC, he accepted the decision politically.

“The only time when we called him to order was when he dragged the name of Pope into the appointment and political discussion. He tendered his apology, which was accepted by us because he is a member of Papa Knight.

“APC is still considered as a legitimate party in Nigeria. Many Catholic are in APC, not only as members, but they hold vital positions.  According to our church, we are not involved in partisan politics.”

Credit: The Nation

BIG STORY

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return As Chairman

Published

on

  • Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

 

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.

The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.

The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.

The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe. Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.

“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).

In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.

The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.

Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

Continue Reading

BIG STORY

Customs Adjust FX Rate For Import Duties To N1,147/$

Published

on

The foreign exchange (FX) rate for duties has once again been modified by the Nigeria Customs Service (NCS) to N1,147.02 per dollar.

When compared to the N1,238.1/$ reported on April 18, this indicates a decline of 7.3 percent. On Friday, the customs rate was observed.

It dropped below the official foreign exchange rate, which ended trading at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on April 18 at N1,154/$.

The drop in the FX rate for customs tariffs and duties is coming amid the Central Bank of Nigeria‘s (CBN) effort to stabilise the naira.

On April 17, the naira appreciated to N1,050 at the parallel section of the FX market, from the N1,100/$ traded on April 15.

Meanwhile, on April 16, President Bola Tinubu inaugurated the national single window (NSW) project to boost trade in Nigeria.

NSW is an electronic portal linking all agencies and players in import and export processes to an integrated platform.

Speaking on the development, Adewale Adeniyi, the comptroller-general (CG) of Nigeria Customs Service (NCS), said the country is making progress with consultations on the reopening of the borders with Niger Republic and Benin Republic.

Continue Reading

BIG STORY

8 Nigerians In South Africa Police Net For “Attacking Officers During Drug Raid”

Published

on

Eight Nigerians have been taken into custody by the South African police for reportedly fighting police during a drug operation.

The suspects were taken into custody in the province of the Northern Cape, the police said in a statement released on Friday.

According to the police, the suspects also caused damage to other properties and cars.

“At the time of the arrest, police were tracing information of one of the Nigerian nationals being in possession of drugs,” the statement reads.

“While conducting this search, a large group of Nigerians attacked police. Police fired rubber bullets to disperse the crowd.

“One suspect was arrested for illegal possession of drugs, and three suspects were arrested for public violence and detained at Kimberley Police Station.

“During processing, the suspects broke windows at the station. Additional charges of malicious damage to property were added.

“Another group of Nigerians later approached the Police Station and threatened to retaliate.

“The Operational Commander warned the group to disperse.

“However, upon dispersing, the group damaged police vehicles. Another four suspects were arrested for malicious damage to property.”

Koliswa Otola, police commissioner for the province, commended officers for the arrest of the suspects.

Otola condemned acts of violence against law enforcement agents, saying those who prevent police from exercising their duties “will be dealt with harshly”.

“We will not allow such lawless behaviour,” the commissioner said.

“We are processing the suspects and working with Home Affairs to determine if they are legally or illegally in the country.

“Police will continue to stamp the authority of the state in the Northern Cape Province.”

Continue Reading

Most Popular