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Democracy Day: I Have Recorded Notable Achievements, Buhari Boasts [ Full Speech]

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The President, Major General Muhammadu Buhari (retd.), on Friday, assessed his regime as the nation commemorates Democracy Day and returned a verdict that he has recorded “notable achievements.”

Buhari made the declaration in his nationwide broadcast to the nation.

The President said, “We have recorded notable achievements in the course of implementing our nine priority objectives and are establishing a solid foundation for future success.

“On the economic front, our objectives have remained to stabilize the macroeconomy, achieve agricultural and food security, ensure energy sufficiency in power and petroleum products, develop infrastructure, fight corruption, and improve governance.

“We have witnessed eleven quarters of consecutive GDP growth since exiting recession. The GDP grew from 1.91% in 2018 to 2.27% in 2019 but declined to 1.87% in the first quarter of 2020 as a result of the decline in global economic activities due to the COVID-19 pandemic.”

Read the speech by the President below:

Fellow Nigerians,

1. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country. This day provides us an opportunity to reflect on our journey as a nation, our achievements, and our struggles.

2. It is a day to honour our founding fathers who toiled to establish our republic and every Nigerian who has worked tirelessly to sustain it.

3. We are celebrating this year’s Democracy Day despite the COVID-19 pandemic which afflicts our nation and the whole world.

4. It is indeed a very difficult time for everyone especially those who have lost loved ones to the virus and those whose sources of livelihood have been severely constrained by the stringent measures we introduced at every level of government to contain the virus and save lives.

5. The dedication of our health and other essential services staff towards containing this virus is a testament of our courage and resilience as a people and as a great nation, and I use this opportunity to say thank you to all of you for your service to the nation.

6. Sustaining our democracy thus far has been a collective struggle, and I congratulate all Nigerians and particularly leaders of our democratic institutions on their resilience and determination to ensure that Nigeria remains a shining example of democracy.

7. In my 2019 Democracy Day address, I promised to frontally address the nation’s daunting challenges, especially insecurity, economy, and corruption. I, therefore, find it necessary to give an account of my stewardship on this day.

8. We have recorded notable achievements in the course of implementing our nine priority objectives and are establishing a solid foundation for future success.

9. On the economic front, our objectives have remained to stabilize the macroeconomy, achieve agricultural and food security, ensure energy sufficiency in power and petroleum products, develop infrastructure, fight corruption, and improve governance.

10. We have witnessed eleven quarters of consecutive GDP growth since exiting recession. The GDP grew from 1.91% in 2018 to 2.27% in 2019 but declined to 1.87% in the first quarter of 2020 as a result of the decline in global economic activities due to the COVID-19 pandemic.

11. Every single economy in the world has suffered a decline. Ours has been relatively moderate.

12. In order to stabilize the economy, the Monetary Authority took steps to build the external reserves which resulted in improved liquidity in the foreign exchange market. The external reserves grew from $33.42 billion on April 29th, 2020 to about $36.00 billion in May 2020 which is enough to finance seven months of import commitments.

13. Agriculture remains the key to our economic diversification strategy. The Presidential Fertilizer Initiative program continues to deliver significant quantities of affordable and high-quality fertilizers to our farmers. This initiative has also revived 31 blending plants and created a significant number of direct and indirect jobs across the value chain.

14. Government is also revamping the cotton, textile and garment sector via a CBN Textile Revival Intervention Fund that would considerably reduce foreign exchange spent on cotton and other textile imports.

15. Through the food security initiative, we are promoting “Grow What We Eat” and “Eat What We Grow”. I am also delighted that more and more Nigerians are taking advantage of the opportunities in the agriculture and agri-business sector. I assure you that government will continue to support the Agriculture sector through the CBN Anchor Borrowers Programme and similar schemes.

16. To protect our farming investments, we have deployed 5,000 Agro-Rangers and employed 30,289 in our para-military agencies.

17. We are also integrating rural communities to the formal economy by extending access to credit and inputs to rural farmers and building feeder roads.

18. Our efforts on growing non-oil exports have started to yield some results. For instance, in the past year, our revenue from Cocoa and Sesame Seed increased by $79.4 million and $153 million.

19. Africa presents a huge opportunity for our export base diversification and we are developing our strategy to grow intra-Africa trade through the Africa Continental Free Trade Area Agreement.

20. Nigeria has risen by 25 places on the World Bank’s Ease of Doing Business ranking from 146th to 131st and is now rated as one of the top ten reforming countries.

21. This development is due to the Visa on Arrival policy, consistent promotion of initiatives that expand facilities available to Micro Small and Medium Scale Enterprises, robust electronic registration and payment system, seamless processing of business registration, and reduction of cost of registering business by 50%. We are confident that on-going efforts would result in further improvement of this rating.

22. We remain committed to expanding our mining sector. To this end, I have directed the resuscitation of the Ajaokuta Steel Plant based on Government-to-Government financing and a Public-Private Sector financing.

23. With foreign and domestic investments and the participation of Small Scale Miners, we are harnessing the supply value chain in gold production.

24. We would also be launching a fully digitized mineral rights management platform for quick processing of mineral rights application, digitization of records, and plugging revenue leakages.

25. The Power Sector remains very critical to meeting our industrial development aspirations and we are tackling the challenges that still exist in the delivery of power through different strategies.

26. We are executing some critical projects through the Transmission Rehabilitation and Expansion Programme including the:

a. Alaoji to Onitsha, Delta Power Station to Benin and Kaduna to Kano;

b. 330kv DC 62km line between Birnin Kebbi and Kamba;

c. Lagos/Ogun Transmission Infrastructure Project;

d. Abuja Transmission Ring Scheme; and

e. Northern Corridor Transmission Project.

27. Our agreement with Siemens will transmit and distribute a total of 11,000 Megawatts by 2023, to serve our electricity needs.

28. On transportation, another critical sector to improving our economic competitiveness, we are growing the stock and quality of our road, rail, air and water transport infrastructure.

29. Through the SUKUK-Funded Road Projects, a total of 412km of the targeted 643km road projects have been completed, representing 64%.

30. The Presidential Infrastructure Development Fund projects are also progressing very well. On the 2nd Niger Bridge, piling work has been completed and the approach roads are being constructed. 48% of the work on this bridge has been achieved. We have constructed 102km of the 376km Abuja – Kaduna – Kano Road, representing 38%, and the 42.9km Obajana – Kabba Road is 87.03% complete.

31. Furthermore, the Federal Roads Maintenance Agency has completed routine maintenance on over 4,000km of federal roads out of the 5,000km targeted.

32. We are extending and upgrading our railway network too. We are introducing more locomotives, coaches, and wagons for the Abuja-Kaduna Rail Line. The Central Ajaokuta – Itakpe – Warri Line has been completed and is being extended from Itakpe to Abuja on one end and from Warri Town to Warri Port on the other.

33. The Lagos-Ibadan Rail Line is 90% completed and would be extended to the Lagos Port which would help address the long-standing gridlock at the Apapa port.

34. The Kano – Maradi Single Track Standard Gauge Railway, Coastal Railway Project, and Port Harcourt – Maiduguri Standard Gauge Railway, with its associated branch lines running through the South Eastern and Gombe States, industrial park and Bonny Deep Sea Port are all ready for concessions.

35. The government continues to make investments in the Aviation sector to position it as a travel and trade hub in West Africa and the wider African continent.

36. Airport Terminals in Abuja, Lagos, Kano, and Port Harcourt are being expanded, while the rehabilitation of the Enugu Airport is almost completed. All our airports are being raised to international standards with the provision of necessary equipment, especially navigational aids, to guarantee world-class safety standards.

37. For the first time in over ten years, Nigeria is conducting a bidding process for 57 Marginal Oil Fields to increase revenue and increase the participation of Nigerian companies in oil and exploration and production business.

38. We continue to grow local content in other areas of the oil and gas sector with the disbursement of funds from the $200 million Nigerian Content Intervention Fund to indigenous manufacturers and service providers.

39. With the sustained engagement of youths, opinion leaders, and other stakeholders, we have restored peace in the Niger Delta Region and maintained our oil production levels.

40. The Head office of the Niger Delta Development Commission will be commissioned shortly. The Funding of sections I–IV of the East-West Road shall be pursued with a view to completing the project by the end of 2021.

41. Furthermore, I am determined to ensure that development meant for the people of the Niger Delta get to them so I have authorized a Forensic Audit of the Niger Delta Development Commission.

42. Digital Economy continues to play an important role in our development agenda as we move into the age of Artificial Intelligence.

43. Since the creation of the Ministry of Communication and Digital Economy, the National Digital Economy Policy and Strategy has been launched. Steps have been taken to achieve a reduction of connectivity cluster gaps from 207 to 114 as well as increase the level of 4G coverage by 30%.

44. Nigeria remains committed to expanding access to quality education to enhance the productivity of its citizens and would continue to pursue the enforcement of free and compulsory basic education for the first 9 years of schooling.

45. In pursuit of this, we have launched the Better Education Service Delivery for All in 17 states, established additional 6 Federal Science and Technical Colleges and currently executing a pro-active Teacher Training Plan with all states of the Federation.

46. In our revision of the operations of specialized education funds and to implement reforms that would optimize their benefits to the sector, we have adopted a Public-Private Sector Partnership for provision of infrastructure and also collaborate with the private sector to create jobs.

47. Our pursuit of affordable housing for the low and middle-income earners has received a boost with the delivery of 1,200 housing units, provision of 520 service plots with infrastructure through a Public Private Sector partnership and the issuance of 868 mortgages totaling N7.7 Billion. Similarly, Home Renovation Loans totaling N16.2 Billion have been granted to 19,210 people.

48. To enable sustainable access to safe and sufficient water to meet the social, cultural, environmental and economic development needs of all Nigerians, we continue to expand our water supply, irrigation, and dam facilities.

49. The Completion of Amauzari, Amla Otukpo and other 42 Earth Dams with combined job creation of about 43,354 direct jobs and 71,172 indirect jobs, would provide more support for irrigation agriculture and water supply.

50. To further institutionalize our effort in this regard, I signed Executive Order 009 on Ending Open Defecation in Nigeria.

51. In order to improve our forest cover and in fulfillment of my commitment at the 74th Session of the United Nations General Assembly in 2019, we have commenced the planting of 25 million trees. This initiative will also contribute to our effort to mitigate the effect of climate change.

52. In the area of security, we remain unshaken in our resolve to protect our national infrastructure including on-shore and off-shore oil installations, secure our territorial waters, and end piracy in the Gulf of Guinea.

53. Ending insurgency, banditry and other forms of criminality across the nation is being accorded appropriate priorities and the men and women of the Armed Forces of Nigeria have considerably downgraded such threats across all geo-political zones.

54. All the Local Governments that were taken over by the Boko Haram insurgents in Borno, Yobe, and Adamawa have long been recovered and are now occupied by indigenes of these areas who were hitherto forced to seek a living in areas far from their ancestral homes.

55. The total collapse of the economies of these areas, which constituted a threat to our food security, has also been reversed with the gradual recovery of farming and other economic activities.

56. I regret recent sporadic incidents with the tragic loss of lives in Katsina and Borno States as a result of criminals taking advantage of COVID-19 restrictions. Security Agencies will pursue the perpetrators and bring them to swift justice.

57. I must implore state and local governments to revamp their intelligence assets so that the Security Agencies can nip in the bud any planned attacks in remote rural areas. I send my heartfelt condolences to all the relatives and communities affected.

58. As part of the strengthening of our internal security architecture, the Ministry of Police Affairs was created.

59. Amongst others, Government has expanded the National Command and Control Centre to nineteen states of the federation, resuscitated the National Public Security Communication System and commenced the implementation of the Community Policing Strategy.

60. Government has similarly established a Nigerian Police Trust Fund as a public-private sector vehicle for alternative sources of funding security activities.

61. To reduce security challenges through our external borders especially smuggling of oil products out of the country, the inflow of small arms and drugs into the country and equally protect our local manufacturers, we introduced operation “Ex-Swift Response” closing our borders from August 20th, 2019, and have considerably succeeded in meeting its objectives as well as improving our national revenue.

62. Our Government has continued to work to reduce social and economic inequality through targeted social investment programmes, education, technology, and improved information.

63. Our Social Investment Programme has continued to be a model to other nations and has engaged 549,500 N-Power beneficiaries, 408,682 beneficiaries of the Conditional Cash Transfer Programme, and 2,238,334 beneficiaries of the Growth Enhancement and Empowerment Programme. This is being done in collaboration with the States.

64. Similarly, “Marketmoni” and “Tradermoni” Programmes have provided affordable loans to small and micro-scale enterprises to grow their businesses. Under the National Home-Grown School Feeding Programme, over 9,963,729 children are being fed to keep them in school and improve their nutritional status.

65. Fellow Nigerians, the year 2020 has been like none other. In January 2020, the COVID-19 was declared a global pandemic by the World Health Organization. The number of global infections has risen from less than 8,000 shared between China and eighteen other countries to over 7million spread over 216 countries and on all continents.

66. Nigeria recorded its first case of COVID-19 on February 27th, 2020 and within the first 100 days, I have had cause to address the nation on three occasions within one month, which underscores the gravity of this pandemic.

67. There is no doubt that this pandemic has affected the global economy and all known socio-economic systems. It has also brought grief and pain to families that have lost their loved ones. Like many Nigerians, I feel the grief and pain not only as your President but also as someone who has lost a close member of my staff and some relatives and friends.

68. In order to have a robust National response, I approved a Presidential Task Force on COVID-19 to provide guidance and leadership in tackling the pandemic nationwide.

69. State Governments also constituted their own COVID-19 Task Forces. Complementing this was the establishment of a National Emergency Operations Centre responsible for providing technical and professional guidance in the National Response.

70. The overall objective of the PTF COVID-19 is to ensure that the pandemic does not overwhelm our health systems, while ensuring that we maintain an effective Case Management System to help in containing the spread of the virus.

71. The impact of the pandemic has disrupted our economic system and to ensure its functioning while still addressing the spread, the Federal Government put in place a number of various non-pharmaceutical measures to slow down the spread of the virus, in addition to a progressive re-opening of the economy.

72. As part of the strategy to create jobs in reducing the effect of COVID-19 on our youths, I directed the employment of 774, 000 Nigerians. These youths will be engaged in Special Public Works Programme aimed at cushioning the effects of economic downturn. Each of the 774 local government areas in the country will be allotted 1,000 slots. I am pleased to report that this programme has commenced.

73. I receive regular briefing from the PTF on COVID-19. I note that the National Response relies on Science, Data and Experience in taking decisions. This informed my approval for the ease of lock down phase to ensure a balance between lives and livelihoods.

74. I am confident that the steps being taken by the PTF would result in flattening the COVID-19 curve. I, therefore, implore all Nigerians to abide by the approved guidelines and protocols. There is hope for us all if we take individual and collective responsibility.

75. Government is determined to turn this COVID-19 challenge into a motivation to action by building a nation-wide public health care system that will help us overcome the COVID-19 pandemic and prepare for any future outbreak.

76. Already, we have begun to look inward and I charge our inventors, researchers and scientists to come up with solutions to cure COVID-19.

77. Government has continued to implement accountability and transparent policies through the Open Government Partnership and the transparency portal on financial transactions. Similarly, we have strengthened auditing and accountability mechanisms so as to ensure that rules and regulations are followed strictly.

78. Anti-Corruption Agencies have secured more than 1,400 convictions and also recovered funds in excess of N800 billion. These monies are being ploughed into development and infrastructure projects.

79. The Public Service of Nigeria remains the bedrock for the formulation and implementation of policies, programmes, and projects in the country. This accounts for why it continues to evolve especially as new socio-economic challenges emerge for Government to address.

80. I will continue to give all the necessary support for the on-going reforms designed to return discipline, integrity, and patriotism as the hallmark of the public service.

81. In the face of dwindling resources and the rising cost of governance, I have authorized that the White Paper on the Rationalisation of Government Parastatals and Agencies be reviewed for implementation.

82. Our youth population remains a source of strength in achieving development objectives. In this regard, we would continue to concentrate in developing their skills, providing them with opportunities to express their entrepreneurial, research, and industrial capacities as well as ample opportunity to take leadership positions in the service of the nation.

83. The commitment of this Administration to the well-being of people living with disabilities remains unwavering. The government recognizes their contributions to development. I have directed that all relevant Government agencies pay special attention to the peculiarities of persons with disabilities in the formulation and implementation of their policies and programmes, and where suitable their employment.

84. Nigerian women remain a particular treasure to this nation and for this reason, this Administration has continued to give them a place of pride in the affairs of our country.

85. I salute your courage, enterprise, and resilience as well as your contributions to national development. I wish to assure all our women of this administration’s determination to fight Gender-Based Violence through the instrumentality of the law and awareness creation. I am particularly upset at recent incidents of rape, especially of very young girls. The Police are pursuing these cases with a view to bringing perpetrators of these heinous crimes to swift justice.

86. The government continues to recognize and harness the power of the media for positive development. The reforms of the broadcast and advertising industries including digital switchover and continuous engagement through town hall meetings remain central to accurate and credible information dissemination.

87. Our culture provides the basis for our existence as a people and a nation. In preserving iconic aspects of our national culture, this government has been pursuing the recovery of artifacts removed from Nigeria, promoting heritage sites and festivals, and working towards designating some of our heritage sites as UNESCO World Heritage Centres.

88. This administration is focused on ensuring that Nigeria would always be governed by the Rule of Law and I would do my utmost to uphold the constitution and protect the lives and property of all Nigerians.

89. The government has initiated a number of policies and programmes designed to promote the legal rights of Nigerians, facilitate the institutionalization of a responsive legal system, provide support to all constituted bodies in implementing their mandates and improve our custodial system of justice.

90. The National Assembly has been an important partner in our quest to sustain our democracy and achieve our development objectives.

91. I therefore greatly thank the leadership and members of the Senate and the House of Representatives for their invaluable support at all times.

92. I will also like to convey our deep appreciation to members of the Press for your doggedness in the struggle for the attainment of democracy since the beginning of our nationhood.

93. I must admit that the relationship between the media and successive governments has not always been perfect. But there is no denying the fact that you have been an effective watchdog for the society especially in holding public officers to account. It is sad that in the course of securing our democracy, some of your colleagues have had to pay a heavy price.

94. We will continue to guarantee freedom of the Press as we place a high premium on responsible journalism that is devoid of hate speech, fake news, and other unethical professional conduct.

95. Fellow Nigerians, as we celebrate this year’s Democracy Day, let us remember that notwithstanding our aspirations, humanity and indeed democracy is under the threat of COVID-19. Nigeria has survived many crises before and came out stronger. I am confident that by God’s grace we shall overcome this one and emerge stronger and more purposeful.

96. Thank you for listening. God bless the Federal Republic of Nigeria.

BIG STORY

Wema Bank Set To Launch Season 4 Of Its 5 For 5 Promo Reward Initiative From October 1st, 2024

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative reward initiative, the Wema Bank 5 for 5 Promo. The highly anticipated Season is scheduled to kick off on Tuesday, October 1, 2024.

Introduced in 2021 the Wema Bank 5 for 5 Promo is a reward initiative pioneered by the Bank with the goal of rewarding its diverse range of customers for active loyalty to the brand, its products, and offerings. The Promo is executed seasonally via thoroughly regulated live draws where winners are selected from the Bank’s pool of active and transacting customers, based on the stipulated minimum requirements and modalities of the season. With benchmarks for qualification set as low as N5,000 in monthly transactions, the Wema Bank 5 for 5 Promo has evolved through each season, solidifying its repute as a source of hope, financial support, business growth and goal acceleration for thousands of Nigerians nationwide.

Over the course of 3 seasons, the 5 for 5 Promo has disbursed over N150,000,000 to 2,378 Nigerians across the six geopolitical zones in Nigeria, with 639 customers winning N31,500,000 in season 1, 539 winning N31,850,000 in season 2 and 1,200 winning N90,000,000 in the 3rd season of the 5 for 5 Promo which spanned August 2023 to July 2024. As a new season of the Wema Bank 5 for 5 Promo approaches, tensions are heightening as Nigerians await a new season of financial rewards and pleasant surprises from Wema Bank. Customers of the Bank are encouraged to request a debit card or get onboarded on the ALAT app and *945# and start transacting via any of these channels in anticipation of the season’s kick-off. Other Nigerians interested in participating are encouraged to open Wema Bank/ALAT account(s) to get started.

Reiterating the Bank’s commitment to providing a rewarding banking experience for its customers, Moruf Oseni, MD/CEO of Wema Bank, elaborated on the significance of the Wema Bank 5 for 5 Promo for its customers. “At Wema Bank, we have made it a duty and core value to provide optimum returns for our customers, and this commitment is evident in all that we do as a Bank. ‘Optimum returns’ for Wema Bank is limitless which is why we continue to raise the bar and set new standards, innovating new and improved ways to provide a highly rewarding banking experience for our customers. It is this sense of duty to our customers that inspired the launch of the Wema Bank 5 for 5 Promo”.

“The past seasons of the Wema Bank 5 for 5 Promo have been highly successful, but I can assure you that the coming season will be the biggest in 5 for 5 Promo history to date. We are, yet again, raising the bar, and with more to win this season, every Wema Bank customer is in for a treat. It’s beyond the rewards customers are getting. With the 5 for 5 Promo, we are telling customers that we’re grateful, showing them that we care, and empowering lives and businesses to thrive. Through this initiative, we have made undergraduate millionaires, established businesses across Nigeria, boosted existing ventures despite economic fluctuations, given hope to Nigerians of various ages and walks of life; and this season, we are more than prepared to exceed all milestones, break new ground and transform more lives for the best. The Wema Bank 5 for 5 Promo Season 4 kicks off on October 1 and we have a special Independence Day live draw to kickstart the season, so I welcome every Nigerian to Wema Bank and encourage all to get on ALAT, request a Wema/ALAT card or onboard on *945# and get ready for an intriguing new 5 for 5 Promo Season, bigger than ever before”, Oseni concluded.

The Wema Bank 5 for 5 Promo season 4 promises to be a game changer and every Nigerian can participate and secure big wins throughout the season by being a Wema Bank customer and getting onboarded on the valid transaction channels which include the ALAT app, the Wema/ALAT card and the Bank’s USSD Banking platform, *945#.

All transactions made using the qualifying Wema Bank and ALAT transaction channels from October 1, 2024, are potentially qualifying transactions and could secure rewards ranking in millions for Nigerians across Nigeria.

T&Cs Apply.

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African Philanthropist & Business Leader, Tony Elumelu Sets Out Africa’s Priorities For UNGA 2024

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  • Transformative Economic Growth, Youth Employment, Energy Transition Critical for the Continent

 

African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York.

Elumelu will call for urgent action in a series of engagements, including a roundtable discussion at the Clinton Global Initiative with former President of the United States, Bill Clinton, and at an event co-hosted by the World Food Programme (WFP) and the Tony Elumelu Foundation (TEF), led by WFP Executive Director, Cindy McCain.

Elumelu will bring his perspective both from extensive experience in building industry-leading businesses across the continent, and the success of the Tony Elumelu Foundation’s catalytic programmes empowering young Africans. Elumelu is a realist, challenging Africa and Africans to solve their problems, bringing African solutions, but also recognizing Africa’s responsibility to act.

As Chairman of United Bank for Africa (UBA) Group and pan-African investment company, Heirs Holdings, as well as Founder of the Tony Elumelu Foundation, Elumelu is a leading driver of Africa’s transformation agenda, helping shape the continent’s narrative on the global stage. His thought leadership and advocacy challenge conventional views, offering innovative strategies for collaboration and growth. The success of his Foundation in promoting youth entrepreneurship as a pathway out of poverty, has featured in case studies from Harvard, Chicago Business School, Stanford and Cambridge.

With over 60% of Africans lacking access to electricity and young people making up more than 60% of the continent’s 1.3 billion population, Africa faces challenges that impact the world. Africa, most recently with tragic floods in West Africa, is suffering climate driven environmental crises, caused by global emissions, whilst Africa’s development is held back by huge infrastructure deficits.

In a recent statement, Elumelu emphasised, “I have often said that there is nowhere else in the world you can reap the kind of investments as in Africa. However, I am acutely aware of the fundamental challenges our continent faces. Addressing the issues of sustainable economic growth, youth unemployment, genda inequality, and Africa’s energy transition is critical not only for meeting the continent’s basic developmental needs, but also for achieving the Sustainable Development Goals and unlocking the immense economic potential that Africa offers.”

An economist and visionary entrepreneur, Elumelu’s economic philosophy of Africapitalism, serves as a blueprint for accelerating Africa’s economic transformation, advocating for the private sector to take the lead in delivering social and economic wealth, and shared prosperity for all.

Alongside Elumelu’s advocacy, the United Bank for Africa, which he chairs, will host a networking gala on the sidelines of UNGA – a platform to spotlight investment opportunities on the continent. The Gala will convene prominent leaders across four continents, in commemoration of UBA Group’s 75th anniversary and the Group’s 40 years of operations in the United States.

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Obi Made A Difference In My Campaign, His Endorsement Worth Its Weight In Gold — Akpata

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Olumide Akpata, the Labour Party (LP) governorship candidate in Edo, says Peter Obi’s endorsement of his candidacy is “worth its weight in gold”.

Akpata spoke in an interview on Arise Television on Thursday.

The Edo governorship election is billed for September 21.

On Wednesday, Obi implored the Edo electorate to vote Akpata as their next governor.

He added that if elected, the former president of the Nigerian Bar Association (NBA) would deliver the needed change.

The LP governorship candidate said Obi has made a difference in his campaign.

“Peter Obi is making a whole lot of difference because he is one individual that people trust. People trust him because his word is his bond,” he said.

“People trust Peter Obi because he’s a performer and so his endorsement of my candidacy is worth its weight in gold and so I make no bones about it.

“I will not hesitate to take advantage of the fact that he supports me and those of you who know Obi, he will only associate with a candidate he has confidence in, every confidence in his or her abilities.

“So I’m fortunate, I’m privileged that he’s willing to stand shoulder to shoulder with me on the podium, on various podiums across the state.

“We have been to all three senatorial zones together. He has been very, very magnanimous with his time and with his energy and he has brought that to bear on the campaign process.

“The people are definitely, definitely encouraged by his presence. It gives them reason to believe again. It gives them hope again.”

Akpata asked the Independent National Electoral Commission (INEC) to conduct a credible poll.

“Now with regard to the umpire, the regulator INEC, I am hopeful because there are certain peculiar factors that lend themselves to this process that will hopefully bring about a positive outcome,” he said.

“Firstly, it’s an off-cycle election. So in that regard, we are fortunate and privileged to have the undivided attention of INEC in this state so they can bring together their entire machinery on the process.

“But having said that, I am so concerned because I bother about capacity issues. Right now we’ve heard rumors of that some of the actors are already fighting it out at the INEC centre somewhere in Benin City.

“I’m yet to confirm that. I just read a newsflash that some hoodlums have carted away sensitive materials. Again, yet to confirm that.

“But I am concerned about capacity. I am concerned about the fact that the terrain… I have been around Edo state about five times in this process.

“The roads are in a very deplorable stage, I just wonder to myself, how can INEC manage to get around in these conditions? I just returned from the riverine areas of Edo state.

“I wonder to myself, is the regulator able to access this? Will people not be disenfranchised? You just need to see the conditions of our roads.

“I just returned to Benin from Irrua. It is so difficult to get around. So I am very worried about the logistics of this process.

“So, as you can imagine, we will continue to engage with the operators. We will continue to interrogate the system.”

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