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Atiku To Buhari: You Are The One With History Of Bringing In Looted Funds

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The presidential candidate of the Peoples Democratic Party for the 2019 elections, Atiku Abubakar, has told President Muhammadu Buhari, who is flying the flag of the All Progressives Congress for the election, that he is the one with history of bringing in looted funds into the country.

Abubakar said this on Sunday in reaction to allegations by Buhari that the former vice president has a history of corruption.

In a statement by his spokesman, Mazi Paul Ibe, Abubakar said he was the one as aa Customs Officer at the Murtala Mohammed International Airport, who stopped Buhari’s Aide-De-Camp from bringing in 53 suitcases of money when the President served as military Head of State.

The statement reads in full:

Our attention has been drawn to a statement by President Muhammadu Buhari accusing Atiku Abubakar of planning to smuggle in looted funds into the country just before the February 2019 elections.

This new accusation, like their previous allegations, is another infantile outburst that tells more about the accuser than the accused. Atiku Abubakar has no looted funds abroad or in Nigeria.

For the avoidance of doubt, history shows that rather than smuggle in looted cash, Waziri Atiku Abubakar has a record of preventing looted funds from being smuggled into Nigeria.

In 1984, it was Atiku Abubakar, as head of the Murtala Mohammed International Airport Command of the Nigerian Customs and Excise Department, that stopped the ADC of the then Military Head of State, Muhammadu Buhari, from smuggling in 53 suitcases of looted money into the country.

Young Nigerians and millennials who may not be aware of this incident, will do well to Google it. Only the guilty are afraid. It is President Muhammadu Buhari who has a history of smuggling in looted funds and not Waziri Atiku Abubakar.

In fact, Nasir El-Rufai, a favourite of the President and a chieftain of the All Progressives Congress, said as follows on October 4, 2010:

“In 1984, Buhari allowed 53 suitcases belonging to his ADC’s father to enter Nigeria unchecked at a time the country was exchanging old currency for new.”

Atiku Abubakar’s plane was searched, his accounts have been perused and his businesses have been thoroughly investigated with a fine tooth and nothing remotely corrupt or illegal has been found.

In desperation, the Buhari administration released this statement to cover their shame on a day that the US based International Strategic Studies Association reported that it is the unprecedented corruption around President Buhari that has led to the recent setbacks in the war on terrorism in the Northeast and the heavy loss of lives amongst the military rank and file. May God save Nigeria from a government that values money over lives.

We therefore urge Nigerians to note that it is Muhammadu Buhari who has a history and a record of smuggling in looted funds and it is Waziri Atiku Abubakar who has a history of preventing such from happening.

And while they are at it, we urge them to tell Nigerians those behind Etisalat and Keystone Bank and how they suddenly possessed such wealth overnight.

Finally, Nigerians should note that the Buhari administration cannot defend their record on jobs and poverty – the things of most concern to voters – thus, their only resort is slander.

Signed:

Paul Ibe, Media Adviser to HE Atiku Abubakar.

BIG STORY

JUST IN: Labour Rejects Federal Government’s Fresh N60,000 Minimum Wage Offer, Insists On N494,000

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The minimum salary that was initially suggested by the Federal Government at a meeting of the tripartite committee on minimum wage in Abuja on Tuesday was increased by N3,000 to N60,000.

During the most recent minimum wage conference, organised labor—which includes the Trade Union Congress and the Nigeria Labour Congress—also reduced their request by N3,000 from N497,000.

Labour leaders were not pleased with the sum that the government had suggested, according to a source who provided the breakdown during the meeting on Tuesday.

A member of the union who spoke to our correspondent before the meeting started noted that organised labour would only go lower if the government went higher on its demands.

“This is simply a case of if they go higher, we will go lower. They need to propose something reasonable for us to propose something lower too. There is no two-way about it.

“Also, we have a way of meeting as members of the Labour before each committee meeting. This will help us to take a uniform stand by the time we get to the meeting front.

“So as long as the government is ready to present something reasonable, we will meet them in the middle,” the labour leader said.

 

More to come…

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JUST IN: Senate Passes Bill To Revert To Old National Anthem

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In a move that has sparked both nostalgia and controversy, the Nigerian Senate passed a bill to revert to the country’s old national anthem, “Nigeria, We Hail Thee”.

The bill, which was passed on Tuesday, now awaits assent into law by President Bola Tinubu.

The old anthem, which was introduced in 1960, was replaced with the current one, “Arise, O Compatriots”, in 1978.

The move to revert to the old anthem has been met with mixed reactions, with some Nigerians hailing the decision as a return to the country’s rich cultural heritage, while others have expressed concerns about the implications of such a change.

 

More to come…

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Naira Extends Dip At Parallel Market, Appreciates At Official Window

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The naira depreciated at the parallel section of the foreign exchange (FX) market on Monday.

Currency dealers, often referred to as bureau de change (BDC) operators, put the value of the naira at N1,520 to the US dollar at the Lagos street market.

With a N30 profit margin, the dealers set the buying price of the dollar at N1,490 and the selling price at N1,520.

The amount shows a N10, or 0.66 percent, decrease from the N1,510/$ transacted on May 24.

On the official market, however, the value of the naira increased on Monday from N1,482.81/$ on May 24 to N1,339.33/$, or 9.6%, higher.

According to FMDQ Exchange, a platform that oversees official FX trading in Nigeria, during trading hours, N1,501/$ was the highest exchange rate and N1,310/$ was the lowest.

At the official window, a daily turnover of $180.80 million was recorded.

The Association of Bureau De Change Operators of Nigeria (ABCON), on May 23, said the weakening of the naira is caused by the unearned income pursuing the local currency and not due to demand for the dollar.

Aminu Gwadabe, president of ABCON, also said corruption, not BDCs, is responsible for the depreciation of the naira.

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