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Today's Headlines: INEC Hastily Declared Tinubu President-elect–Etiaba, God didn’t create Nigeria to be poor – Obasanjo

INEC hastily declared Tinubu President-elect – Etiaba

A senior Advocate of Nigeria, Emeka Etiaba, has said the Independent National Electoral Commission, INEC, was too hasty to have declared Bola Ahmed Tinubu as president-elect.

Source: Daily Post Nigeria

Emeka faulted INEC’s decision, saying the commission would only have announced the winner after resolving pending complaints. He disclosed this during a Channels Television interview on Monday monitored by DAILY POST. He said, “The issue of the complaints of the manipulations of the results sheets, BVAS not being uploaded by party agencies were also swept under the carpet.

The agents and parties made so much fuss about it; they were promised that it would be looked at; indeed, Section 651 of the Electoral Act gives the commission seven days to look into those issues before making a return, but they didn’t do it. “There was no compulsion in announcing the president-elect; indeed, section 70 of the electoral act gives the Commission up to 14 days to make their returns; what is the haste about?”

God didn’t create Nigeria to be poor – Obasanjo

Former President Olusegun Obasanjo, on Sunday, said it is not the intention of God for Nigeria to be a poor country, saying the situation of the country should be blamed on its political leadership.

Source: Punch Newspapers

He said it was lamentable that Nigeria had not taken advantage of science and technology to attain self-sufficiency in food production. The former president stated this at a lecture organized to mark his 86th birthday in Abeokuta, the Ogun State capital.

He said, “God has created Nigeria for a great purpose. At independence, the world did not refer to Nigeria as a giant in Africa, no, they referred to Nigeria as a giant in the sun; Nigeria was more than a giant in Africa, it was a giant in the sun. But not only have we not been giants in the sun, but we also have not even been giants in Africa. Some people called us giants with clay feet.

Abia PDP clears the air on running materumorss with NWC

The Abia State Chapter of the Peoples Democratic Party has said it is not at loggerheads with its National Working Committee, over who becomes the party’s running mate in the forthcoming election in the state.

Source: Punch Newspapers

Addressing newsmen on Sunday evening in Umuahia, the Abia PDP Vice Chairman and acting State Publicity Secretary, Abraham Amah said it is the responsibility of the NWC to transmit names to INEC, and at no time did the chapter send any names other than the names the NWC sent to INEC.

“In the past, our national office has never imposed anybody on Abia PDP. We are not contending anything with them and in the submission of names, they are the final authority. We have not contended any position they have taken. We stand by our NWC,” he said. There have been insinuations that all is not well between the party in the state and its NWC which revised its choice of Jasper Uche for Okey Igwe as the running mate of its governorship candidate, Okey Ahiwe.

Supreme Court ruling: Uncertainty as banks wait on CBN

Stakeholders in the financial sector and banks are divided over the re-issuance of the old naira notes following the Supreme Court judgment extending their legal tender status till December 31st, 2023. 

Source: Vanguard News

While banks said they cant commence re-issuance of the old notes until they are directed to do so by the CBN, stakeholders including bank customers, financial analysts, and business owners have called for immediate re-issuance of the old naira notes in compliance with the Supreme Court. Some bank officials who spoke to Vanguard MoneyDigest said the banks would comply once they get a directive from CBN.

One of the officials working with Access Bank who spoke on condition of anonymity said the banks would obey what CBN says, not the Supreme Court. “Banks in Nigeria are heavily regulated, and we only listen to what the CBN says. Despite the ruling, we still need to hear from our regulator”, he said. On whether the apex bank will obey, he said the CBN reports to the President and that the President has decided on the issue.

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Daily Post Nigeria Emeka Etiaba INEC Tinubu

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