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2023 general election

Atiku will make the world a market for Nigeria’s non-oil export, says Melaye

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The spokesperson for Atiku Abubakar Presidential Campaign, Senator Dino Melaye, has indicated that if elected President, his principal, Atiku Abubakar would develop the country’s non-oil sector.
This, Melaye said is necessary amidst the volatility in the continued reliance on fossil fuels as the main source of government revenue.
He stated this in a statement he personally signed and was made available to the National Update on Thursday.
He said: “Nigerians will agree with me that there is no better time to drive the development of the non-oil sector amidst the volatility in the continued reliance on fossil fuels as the main source of government revenue as our world is fast transitioning from fossil fuel to renewable and clean energy alternatives.
“And that is a charge H. E Alhaji Atiku Abubakar, GCON, the PDP Presidential candidate has laid on himself for the betterment of Nigerians.
“In 2012, total exports amounted to N22.446tn. Out of this number, crude oil accounted for N15.531tn while N6.914tn was from non-oil exports. This figure represents 30.8per cent from non-oil exports in that year.
“In the following year, 2013, total exports were estimated at N14.245tn, with oil occupying N11.808 trillion and non-oil, N2.437tn. Non-oil exports shared only 17.11 per cent of the total exports within the year.
“In 2014, total exports were estimated at N17.203tn; crude oil export comprised N12.791tn, while non-oil exports were estimated at N4.412tn. The share of the non-oil exports to the total exports within the year rose to 25.7 per cent but was still less than the 2012’s figure.
“In 2015, total exports dropped to N9.728tn, with crude comprising N8.574tn and non-oil sharing the rest N1.154tn. The non-oil export share that year constituted 11.9 per cent. In 2016, total exports amounted to N8.527 trillion, with non-oil comprising N1.530 trillion, representing 17.95 per cent. Crude oil shared the rest.
“In 2017, total exports were estimated at N13.591tn, but non-oil exports totalled N1.620tn, representing 11.92 per cent. The rest was occupied by crude oil. In 2018, total exports were estimated at N19.033tn; non-oil exports business done that year amounted to N2.786tn, representing a share of 14.64 per cent.
“Also in 2019, total exports reached N19.190tn, with the non-oil export segment comprising N4.052tn, representing 21.12 per cent share of total exports for the year. In 2020, which was characterised by COVID-19 lockdowns and other international restrictions, total exports slowed to N12.429tn, with the non-oil exports standing at N1.328tn, representing a 10.69 per cent share.
“In 2021, the fortunes of the non-oil export sector brightened. Total exports were estimated at N19.057tn, with the non-oil segment occupying N4.194tn, representing 22.07 per cent.
“It is glaring that there is a significant improvement in the non-oil export, however, Nigeria’s non-oil export is insignificant when compared to other nations. Nigeria’s non-oil export earnings are insignificant when compared with other emerging economies.”
Melaye said Abubakar has presented himself as the most qualified and experienced candidate with requisite knowledge to take Nigeria’s non-oil export earnings to an enviable height.
“Under his leadership, the CBN will expand the scope of its new foreign exchange supply strategies and incentives to cover other sources of foreign exchange inflows into the economy.
“He is also determined to encourage and support exporters through but not limited to grants and incentives. He has numerous plans to make the world a market for Nigerian non-oil export,” the statement added.

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2023 general election

EU reports: LP says FG is feebly adopting face saving measures

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***EU only hit the nail on the head

The leadership of the Labour Party has countered the Federal Government of Nigeria for discrediting the European Union’s conclusion on the 2023 General Election wherein it faulted the modalities by which the conclusion was reached.
It reiterated what it believed as the accurate testament of the European Union’s conclusion on the 2023 general elections which merely hit the nail on the head.
A statement by the National Publicity Secretary Obiora Ifoh said,
“Eropean Union’s Conclusion on the 2023 general elections are nit Jaundiced but accurate Testament of the outcome of the FG and INEC alliance to change the will of the electorate.”
“We see this face-saving measure by the Federal Government which is coming days after the submission of the report as feeble and medicine after death.

“It will interest the government to note that the European Union’s report is only one out of numerous submissions by other international Observers who have described the outcome of the election as a sham and an exercise that did not reflect the will of the majority of Nigerians.

“Labour Party stands by the position of the EU observation mission. We have always said that this election was massively rigged in favour of the APC and their candidate.
“What the FG is saying is just an afterthought and a shameless effort to mask the obvious. Even the blind can see, the deaf can hear and they know this election was manipulated.
“Huge pieces of evidence abound for even the deaf and the blind to hear and feel. We are only hoping that the judiciary will dispense justice without fear or favour in the interest of the nation and posterity.
“Nigerians already know the true winner of the 2023 presidential election and no amount of slandering, denial, or rebuttal can change the fact that the party in power has no mandate of the electorate.

“We must also note that whatever position the INEC has taken is with active connivance with the Federal Government to deny the electorate and it clearly shows that INEC is not in any way independent.
“The Commission’s action is at the whims and caprices of the government and we know it. But Nigerians looking to the Judiciary for justice. That’s where we stand.”

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2023 general election

FG tackles EU over report on 2023 general elections

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The Federal Government has countered the European Union’s report on the 2023 general elections, describing the conclusions therein as “jaundiced”.
The Special Adviser to President Bola Tinubu on Special Duties, Communications and Strategy gave the indication in a statement on Sunday.

“We urge the EU and other foreign interests to be objective in all their assessments of the internal affairs of our country and allow Nigeria to breathe,”
According to him, the February 25, 2023 presidential election was “clearly and fairly” won by Tinubu, the then candidate of All Progressives Congress (APC).

He also advised that the EU allow Nigeria to breathe and not meddle in the affairs of the country.

“We find it preposterous and unconscionable that in this day and age, any foreign organisation of whatever hue can continue to insist on its own yardstick and assessment as the only way to determine the credibility and transparency of our elections,” he said.

He said the presidency was not unaware of the “machinations of the European Union to sustain its, largely, unfounded bias and claims on the election outcomes”.

Alake further stated that there is no substantial evidence provided by the EU or any foreign and local organisation that is viable enough to impeach the integrity of the 2023 election outcomes.

“We would like to know and even ask EU, how it reached the conclusions in the submitted final report with the very limited coverage of the elections by their observers who, without doubt, relied more on rumours, hearsay, cocktails of prejudiced and uninformed social media commentaries and opposition talking heads,” he stated.

“We have many reasons to believe the jaundiced report, based on the views of fewer than 50 observers, was to merely sustain the same premature denunciatory stance contained in EU’s preliminary report released in March.

“We strongly reject, in its entirety, any notion and idea from any organisation, group and individual remotely suggesting that the 2023 election was fraudulent.”

The media aide said Nigeria has put the elections behind, and Tinubu is facing the task of nation-building.

“As a country, we have put the elections behind us. President Tinubu is facing the arduous task of nation-building, while those who have reasons to challenge the process continue to do so through the courts.”

On June 27, 2023, the EU presented its report on the 2023 elections in Nigeria to the Independent National Electoral Commission (INEC).

The EU said the election exposed enduring systemic weaknesses and therefore signaled a need for further legal and operational reforms to enhance transparency, inclusiveness and accountability.

The EU also identified six areas for improvement in Nigeria’s electoral process moving forward.

Some of the key areas listed by the Mission are ambiguities in the law, the establishment of a publicly accountable process for the selection of the INEC members, ensuring real-time publication of results as well as access to election results.

It also highlighted the need for protection for media practitioners while decrying the discrimination against women in elective and appointed positions as well as impunity regarding electoral offences.

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2023 general election

Okumagba expresses confidence in Tinubu to initiate inclusive national reconciliation 

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***Says, the president has capacity to confront insecurity with reforms

***Applauds his agenda poised to bringing about a dawn of a new era

Prominent leader of the All Progressives Congress (APC) in Delta State, Olorogun Bernard Okumagba has expressed the confidence in the President Bola Ahmed Tinubu’s newly inaugurated government to bring about lasting peace and prosperity to Nigeria through an inclusive national reconciliation process.

Okumagba who is also a member of the Governing Board of the Niger Delta Development Commission (NDDC), said the president has the capacity to remarkably focus on confronting insecurity through a reform of the sector; growing the economy; and tackling multi-dimensional poverty, which would boost Micro Small and Medium Enterprises (MSMEs)

By so doing, he said the new government will create a robust middle class that will drive our Country’s economic rebound under his watch.

In a Press Statement, Olorogun Okumagba, a former Delta State Commissioner for Finance, also reckoned that the new President who has an established reputation as a bridge builder, a true progressive, an astute believer in true federalism, and who has over the years sacrificed to ensure the sustenance of democracy in the country, will bring these remarkable skills and attributes to bear in renewing the hopes of Nigerians for a more prosperous nation.

These were contained in a statement he issued to congratulate President Bola Tinubu (GCFR) and Vice President Kashim Shettima (GCON) on their momentous inauguration as the 16th President, and Vice President of the Federal Republic of Nigeria. He wished them every success in guiding our country towards stability, true democratic governance and economic development.

Reacting to President Tinubu’s inaugural address, aptly captioned “THE NIGERIAN IDEAL”, shortly after being sworn-in by the Chief Justice of the Federation, Justice Olukayode Ariwoola, Olorogun Okumagba eulogised the President for his firm and unequivocal commitment to “progressive good governance in furtherance of the Nigerian ideal” succintly captured in his five governance principles.

The principles that will guide his administration as outlined by President Tinubu include “governing according to the constitution and the rule of law; to defend the nation from terror and all forms of criminality that threaten the peace and stability of our country; and to remodel our economy to bring about growth and development through job creation, food security and an end of extreme poverty.”

Okumagba also applauded President Tinubu’s promise to address the nation’s economic problems and his directive to the monetary authorities to make monetary policy to be more business friendly and work towards a unified exchange rate.

Okumagba stated his deep appreciation of the significant role President Tinubu has played in seeking solutions to the political and economic challenges assailing our nation. Olorogun Okumagba recalls that President Tinubu’s remarkable transformation of Lagos State as Governor between 1999 and 2007, and the sustenance of a succession pipeline has since made Lagos the state of choice to live in, work, and play.

In tune with the mood of the nation for “renewed hope” of a more prosperous and united nation, Olorogun Okumagba re-affirmed his best wishes for the success of the important work that lies ahead.

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