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2023: Nigeria Will Collapse If We Elect The Wrong Candidate — PDP Campaign Council

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Dele Momodu, Director of Strategic Communication, PDP Presidential Campaign Council, says the country will collapse if an experienced economic and human manager like Atiku Abubakar is not elected as the next President of the Country.

Chief Momodu who is the publisher of Ovation Magazine linked the unabated free fall of the naira to the ineptitude of President Muhammadu Buhari in managing the economy of the country.

Momodu made the disclosure on Monday during an interaction with journalists at the Atiku Abubakar Campaign Office in Abuja.

Accompanied by Deputy Director General Operations and former Gov. of Cross River State Liyel Imoke, Commissioner for Information Delta State Ehiedu Aniagwu, Media Adviser to Atiku Media Office Mazi Paul Ibeh, and Director of Delegates for the Council, Dr. Barakat Sani, Momodu said that the Presidential candidate of the party, Atiku Abubakar is the most experienced of all the candidates with proven track record and capacity to stimulate the economy.

“Our candidate is deeply concerned by the cost of living crisis which is daily worsened by the hyperinflation inflated on Nigerians by the ineptitude of the APC administration. We are assuring Nigerians that help is on the way as the policies enunciated with the policy document ‘Our Covenant with Nigerians’ will not only bring Nigeria out of poverty but also herald an era of prosperity and prosperity sustainable development in a PDP government, come 2023,” he said.

“The declaration by the Central Bank of Nigeria last week that it would redesign some denominations in the naira as expectedly generated varied reactions from Nigerians. Already, the value on the naira has plummeted since the announcement and efforts must be intensified to address the decline in the value of the naira. The economy, which is on its knees at the moment, can hardly afford further devaluation of the Nigerian currency.

“Nigeria today is in a precarious state and if we do not have an experienced person to manage it, the prediction that Nigeria can collapse can happen easily”.

He said that the country is in a precarious situation adding that 2023 is not a time for an experiment but can hit the ground running from day one.

“We are talking about the most experienced, most productive vice president like Atiku Abubakar, a man who has been able to employ young people from every part of the country”.

We went further to elucidate that last week, Atiku visited the United State of America where he held council meetings with officials of the U.S. Department of State.

“The visit was a means of strengthening bilateral partnership with the U.S. on the economy, poverty reduction, and the fight against insecurity. The insight gotten from the visit will arm our candidate and the PDP to deliver on its promises to the people of Nigeria when he comes into power next year through a seamless partnership with the government of the U.S. on the subject of the economy, insecurity, and poverty reduction”.

He said that the integrity of the forthcoming elections next year must remain a subject of concern to all lovers of democracy even as President Muhammadu Buhari has promised to deliver an election that is free, fair, and credible.

Also adding his voice, Aniagwu said that the country is hopeless under the All Progressives Congress (APC) adding that voting the party back to power is sequel to fortifying hopelessness.

According to the Commissioner, “The PDP and its leadership are very much concerned about the level of poverty in Nigeria and the APC administration is doing badly in trying to get our people out of the trench.

“The latest is the change in the fall of our currency or whatever you may call it. Our naira has no value.

“Our presidential candidate, his running mate, and the leadership of our party is indeed very interested in recovering our country from where we are today. His visit to the US is because he has got economic policies that speak to the need to bring jobs back to the people.

“The greatest economy in the world is the United States of America and so if you want to make difference you must be able to discuss with the masters both for the purpose of attracting direct investments and for the purpose of taking steps that will help you strengthen the naira that has collapsed very badly” Aniagwu explained.

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Federal Government Earmarks N827bn For Education Infrastructure In 2025 Budget

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has announced that the Federal Government has disbursed a total of N34bn in loans to students studying at tertiary institutions across the country through the “Nigeria Education Loan Fund.”

The President made this statement on Wednesday while presenting the N49.7tn 2025 budget estimates to a joint session of the National Assembly. He also highlighted that the government has allocated N826bn for infrastructure development in the education sector for the 2025 fiscal year.

He stated, “Our administration has so far disbursed N34bn to over 300,000 students via the Nigeria Education Loan Fund.”

“In the 2025 budget, we have made provision for N826.90bn for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education and the nine new higher educational institutions.”

He continued, “We are convinced that Universal Health Coverage initiatives will strengthen primary healthcare systems across Nigeria. In this way, we have allocated N402bn for infrastructure investments in the health sector in the 2025 budget and another N282.65bn for the Basic Health Care Fund.”

“Our hospitals will be revitalised with medication and better resources, ensuring quality care for all Nigerians.”

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency.”

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President Tinubu Targets N1,500 Per Dollar Rate In 2025 Budget Goals

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Wednesday, stated that the Federal Government aims to stabilise the exchange rate at N1,500 to the dollar to ensure the smooth implementation of the 2025 budget.

This marks a reduction of about N200 from the current rate of N1,700 to a dollar.

President Tinubu made this known while presenting the 2025 Appropriation Bill to a joint session of the 11th National Assembly in Abuja.

“The budget projects that inflation will decline from the current rate of 34.6% to 15% next year, while the exchange rate will improve from approximately N1,700 per dollar to N1,500. The base crude oil production assumption is set at 2.06 million barrels per day”, he said.

“The projections are based on the following observations: reducing the importation of petroleum products, increasing exports of refined petroleum”. He added.

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JUST IN: 32 Reportedly Die In Ibadan Children Programme Stampede

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At least 32 people have tragically lost their lives during a stampede at a children’s carnival in Ibadan, the Oyo State capital, in the early hours of Wednesday.

A statement from the Commissioner for Information and Orientation, Prince Dotun Oyelade, revealed that the stampede occurred at a private children’s funfair at Islamic High School, Basorun, resulting in the deaths of 32 people, mostly children, with some others sustaining injuries.

He mentioned that the state government promptly deployed a rapid response team to the site following the incident.

The commissioner confirmed that the victims have been transported to various hospitals across Ibadan for medical treatment.

While thanking the Commissioner for Health, Dr. Oluwaserimi Ajetunmobi, for quickly activating all available response teams to assist at the scene, Oyelade emphasized that the state government will do everything possible to support the victims of the stampede during this difficult time.

He noted that the sate government was not involved in the planning of the carnival, adding that the Ministry of Health was also not carried along in the organisation of the private end of the year children funfair.

Oyelade emphasised the importance of proper coordination when organising events of such magnitude, especially those involving children and elders.

“We are currently awaiting a detailed report from the Commissioner of Police to clarify the total number of victims involved in this unfortunate incident,” he said.

The commissioner urged parents who are concerned about the whereabouts of their children to check the following medical facilities in Ibadan where affected children were taken for proper medical attention, with a valid means of identification:

  • Patnas Hospital, Basorun
  • Western Hospital, Basorun
  • Ringroad State Hospital
  • Molly Specialist Hospital
  • University College Hospital (UCH)

“Oyo State Government extends its deepest sympathies to the families affected by this tragedy while also urging the public to remain calm and cooperative as relevant pieces of information are gathered and necessary supports arranged for the victims,” he added.

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