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Presidency cautions Atiku against negative economic assumptions

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The presidency has cautioned former Vice Presiden Atiku Abubakar against negative assumptions about the economy in the face of the various positive reforms instituted by the administration.

Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, stated this in a statement on Sunday in Abuja.

He said that the claims by Atiku on the decisions taken at the last meeting between President Bola Tinubu and the state governors was misconstrued and not a true representation of what transpired.

Onanuga said that the PDP presidential candidate also failed to prescribe a better policy option to what the Central Bank of Nigeria Governor, Olayemi Cardoso, and his team are executing at the apex bank.

“First of all, it was not true that President Tinubu’s meeting last Thursday with the 36 State Governors was centred on discussing foreign exchange crisis and currency fluctuation.

“What was discussed in the main was food supply and how to drastically reduce the food prices. The Minister of Information, Alhaji Mohammed Idris, gave a briefing about the meeting, revealing the highlights to State House Correspondents,” he said.

Onanuga said that the meeting established a nexus between the state of security and the rising cost of food as well as how hoarders are warehousing food, creating artificial scarcity and creating high cost of food items.

He explained that the meeting dwelled on how the Forest rangers are to be strengthened and armed, while police are to recruit more men and the National Economic Council to deepen discussions about creating state police.

In resolving the food crisis, Onanuga said the President also affirmed at the meeting his approval for the release of 42,000 Metric tonnes of grains from the national reserve.

He said that government was in discussion with rice millers to get another 60,000 metric tonnes of grains to be released to citizens.

“President Tinubu said he does not support price control and importation of food. Nigeria, he believes, can grow enough food to feed its citizens and spare some for export.

“The present government is executing the cultivation of 500,000 hectares for wheat, maize, and rice in many states. Governors are expected to participate in this programme, one of the reasons for last Thursday’s meeting.”

He said that contrary to what Atiku claimed, there was no deliberation on currency fluctuation at the meeting.

The Presidential aide said such decisions are within the purview of the Central Bank, which has the autonomy to handle the country’s monetary policies.

“As a matter of fact, the President enjoined the governors, in passing, to allow the CBN do its work and refrain from dabbling into what is within the CBN’s purview.

“If he would be true to himself and what actually transpired at the meeting, we expected Alhaji Atiku to praise President Tinubu for maintaining this stance and for not interfering with the business of Central Bank.

“It is false and preposterous for Atiku to claim that CBN’s FX management policy was hurriedly put together without proper plans and consultations with stakeholders.

“(It is also not true) that the apex bank is hamstrung by Tinubu’s government in implementing a sound FX Management Policy.”

He said the CBN governor was implementing a raft of policies to stabilise the Naira and end volatility in the market, adding that this was already yielding positive results.

Onanuga cited the latest Nigeria Bureau of Statistics report of an increased capital importation, adding that in the fourth quarter of 2023, Nigeria recorded a 66.27 per cent increase in capital inflow.

He said that there was an improvement from the Q3 of 654.65 million dollars, which rose to 1.09 billion dollars in Q4.

“Alhaji Atiku will agree that the rise in capital inflow suggests massive investors’ confidence in Nigeria and the policy direction of the Tinubu administration.

“Juxtaposed with the policy options being implemented by the CBN, Atiku’s alternative of a controlled floatation of the Naira is similar to the policy of Godwin Emefiele.”

He said that the Emefiele policy led to the spending of 1.5 billion dollars monthly to shore up the Naira, while arbitrage or round tripping went on unhindered.

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We’ve not been served with Ganduje’s suspension order – APC

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Prof. Abdulkarim Kana, the National Leader Adviser of the All Progressives Congress (APC) says the party has yet to be served with the order of the Kano State High Court suspending Dr Abdullahi Ganduje, the Chairman of the party from office.

Kana said this when he spoke with newsmen at the party’s National Secretariat on Wednesday in Abuja.
He said that the judgement was faulty in many ways.

“We heard this afternoon, but we have not seen any court order, they used the same fraudulent document in court.
“But whatever kind of order that will emanate from such judgement is an unlawful order because it is obtained by fraud.

“The individuals who are behind this are not APC members and not members of the Kano State executive of our party, we don’t know them,” Kana said.

He added the real executives of Dawakin Tofa ward of the party had since disassociated themselves from the purported suspension of Ganduje from the party.

He said the executives were working on plans to petition the National Judicial Council (NJC) over the order, adding that the party’s leadership had also petitioned the Inspector General of Police (IGP) to take action on the matter.

Earlier, some executives of the party from Dawakin Tofa visited Ganduje to expressed their dissatisfaction over the matter.

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APC NWC reacts to alleged suspension of N’Chairman, as Party Chieftain, others call Ganduje to step down

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A Chieftain of the All Progressive Congress (APC) in Kano,  Engr. Muaz Magaji Dawakin has advised President Bola Ahmed Tinubu to withdraw his support from the National Chairman of the APC, Dr. Abdullahi Umar Ganduje, as his continuous stay as the National Chairman of the party will adversely affect the masses support to the APC-led administration.

Engr. Magaji Dawakin Tofa, former political ally and kinsman of Ganduje, said the former Governor has lost political credibility and should be allowed to resign for new blood to inject fresh air into the APC leadership at the national level.

The APC Chieftain who served as Commissioner for Works during Ganduje’s administration, said even before the suspension of Ganduje by the leadership of Ganduje Ward in Dawakin Tofa Local Government Area, Ganduje’s time to leave the stage as APC National Chairman was long overdue.

According to him, “I know Ganduje very well. He is my kinsman and I served under him as Commissioner. I have never believed that he has required pedigree to serve as APC National Chairman in the first place.

“I am of the opinion that President Tinubu’s administration and the APC as a party need a generational change. People like Ganduje should not only resign, but retire from politics and allow the younger generation with focus to pilot the affairs of the party.

“I read in the news that he has been suspended by the party at the Ward level, I also read that there was a denial of his suspension from the Local Government and state levels. I am not in town. I am a party chieftain, when I return I will find out the bone of contention from both parties, but my take is that Ganduje should voluntarily resign to allow a party to have a new direction.”

Engr. Magaji Dawakin Tofa who said Ganduje should be allowed to defend himself over allegations of bribery and financial misappropriation, insisted that even without such cases against him,  Ganduje was not fit to serve as the National Chairman of APC.

Also reacting to the suspension of Ganduje as the APC National Chairman,  a former leader of the party in Sabon Gari,  Hon. Kingsley Onyekachi Godwin, hailed the leadership of APC in Ganduje Ward for exhibiting the courage to suspend him from the party,  following the gravity of corruption charges levelled against him at the court.

Hon. Kingsley Onyekachi Godwin who revealed that his exit from APC to Labour Party (LP), was as a result of injustice meted to some members,  ”by Ganduje  and his boys during his time as Governor of Kano state,” said in civilised society, people like Ganduje should not be allowed to hold public office after his ‘dirty’  political escapades as Governor of Kano state.

The LP chieftain who was the party’s House of Assembly candidate for Fagge Constituency during the last general election further hailed Governor Abba Kabir Yusuf for setting up the Commission of Inquiry to recover looted government properties in the last administration.

According to him, “Though we are in the Labour Party,  we admire with joy the leadership style exhibited by Governor Abba Kabir Yusuf.  We are in total support of his decision to probe the financial dealings of the immediate-past administration, including the recovery of stolen government property.  This shows that he has the interest of the people at heart.

“For the eight to nine months he has been piloting the affairs of Kano state,  Governor Yusuf has shown love and compassion to the people. And I want to use this opportunity to say that we are solidly behind him.  We are closely watching his giant strides in all sectors of the economy, and don’t be surprised to hear our official announcement as part and parcel of his government very soon.”

Reacting also, the Publicity Secretary of the All Progressives Congress (APC), Felix Morka in a statement yesterday described the alleged suspension of the National Chairman as the devious act of a group of impersonators of Ward officials out to cause mischief and create confusion.

The statement read thus: “The attention of the All Progressives Congress (APC) has been drawn to media reports of the purported suspension of the National Chairman, HE Dr. Abdulahi Umar Ganduje, CON, from the Party by the Executive Committee of the Ganduje Ward in the Dawakin Tofa Local Government Area of Kano State.

“The purported suspension was the devious act of a group of impersonators of Ward officials out to cause mischief and create confusion in the otherwise peaceful Ganduje Ward chapter of our Party. The perpetrators of this criminal act are not card carrying members of APC in the Ward but are individuals affiliated with senior officials and representatives of the New Nigeria People Party (NNPP).

“This act procured by officials of the ruling NNPP in Kano is part of the despicable program of political persecution launched by the administration of Governor Abba Kabir Yusuf against Dr. Ganduje, a former Governor of Kano state.

“The purported suspension is downright criminal, and of no effect whatsoever. The legitimate Executive Committee of the Ganduje Ward has since denounced the action and reaffirmed Dr. Ganduje as a bonafide member of the Party in the Ward, and in good standing.

“The Party has filed a petition with the Inspector General of Police requesting an expedited investigation of this matter and that the perpetrators and their sponsors be brought to justice. We urge our Party faithful and the general public to disregard reports of the suspension of the National Chairman who is, and remains, the National Chairman of our great Party.”

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APC Ward suspends Abdullahi Ganduje over alleged corruption

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By Aminu Garko, Kano

National Chairman of the ruling All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has been suspended by executives of his ward in Kano State.

The nine executive members of Ganduje ward, in Dawakin-Tofa LGA Monday announced the suspension of Dr. Abdullahi Ganduje from the party.

Malam Haladu Gwanjo, legal Advice of the party at Ganduje ward accused the former Governor of gross misconduct and misappropriation of public fund during his administration in Kano.

Gwanjo revealed that members resolved to pass a vote of no confidence on the acting National Chairman of the party due to his inability to clear his name from wide range of allegation of corruption particularly the widely celebrated dollar video.

The APC leader at Ganduje ward worried that the party is being subjected to unnecessary embarrassment from the New Nigeria Peoples Party (NNPP) over unsubstantiated allegations of corruption lebelled on Ganduje’s administration.

Gwanjo emphasized that Ganduje ward leaders deem it fit to suspend the national chairman to enable him concentrate on the litigation and other inquiry where he (Ganduje) would appropriately clear his image and that of his family.

He explained that because of the political commitment demonstrated by President Tinubu in the ongoing fight against corruption and the seeming baggage of corruption hanging on Ganduje, which already denting the reputation of the APC led federal government.

” We the leaders of the APC in Ganduje ward, Dawakin Tofa Local Government, engaged in thorough deliberations and subsequently decided to suspend the erstwhile Governor of Kano State, Abdullahi Umar Ganduje, in light of the allegations of bribery involving foreign currency.

” It has come to our attention that Ganduje has been summoned to court to answer for these accusations, a development that we believe could potentially besmirch the reputation of our esteemed political party.

This resolution was reached collectively on behalf of all executive members of the APC in Ganduje ward, Dawakin Tofa

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