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80% Of Igbo Get Their Wealth From Tinubu’s Legacy In Lagos – Ifeanyi Ubah

Published

7 months ago

October 13, 2023

Editor

The senator representing Anambra south, Ifeanyi Ubah, has said about 80 percent of Igbo people amass their wealth from President Bola Tinubu’s legacy in Lagos state.

Ubah said this after he was officially received into the caucus of the All Progressives Congress (APC) on Thursday in Abuja.

Recall that the Anambra senator dumped the Young Progressives Party (YPP) yesterday, citing irreconcilable differences as the cause of his defection.

Senate President Godswill Akpabio read the letter at the plenary yesterday.

Speaking after he was received by the APC National Chairman, Abdullahi Ganduje and other officials, Ubah said Tinubu has the capacity to govern Nigeria.

He said Tinubu understands the agonies of Nigerians and has the capacity to provide solutions that address them.

“I want to be sincere, it has always been difficult for the Igbo people to key into the national party because of our sentiments and emotions,” Ubah said.

“Since our president has emerged and I put that challenge to each Igbo man today in Nigeria, 70 percent – 80 percent of them derive their wealth from the legacy that the president has left in Lagos.

“Our president is the politician that understands how it pains and how to console everybody. He has that capacity.

“One of the important things for me to tell our people is the appointment of Engr. Dave Umahi as the Minister of Works for the very first time, irrespective of our very low turnout of votes to him.”

Ubah said he joined APC because he wanted the south-east to align with Tinubu’s administration.

Atiku cooked up allegations against me, Tinubu tells Supreme Court
While responding, Ganduje said with the senator’s defection, he is confident that the party would take control of other south-eastern states.

“We will start a revolution, already we have two states in the southeast and with this timber and caliber juggernaut, I think we have found the answer,” Ganduje said.

“We thank you for coming. I describe him as a swing politician because wherever he is, that party wins.

“And we are expecting this swing will swing throughout the southeast, especially to the other three states that don’t belong to APC.”

Lagos is Nigeria’s commercial hub and Tinubu governed the city as governor between 1999 and 2007.

News

JUST IN: CBN Raises Interest Rate To 26.25%

Published

2 hours ago

May 21, 2024

Editor

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate to 26.25 per cent.

This was disclosed by the Governor of the CBN who doubles as the Chairman of the MPC at the end of the 295th MPC meeting held in Abuja.

At the March MPC meeting, the benchmark rate had been increased by 200 basis points from 22.75 per cent to 24.75 per cent.

The MPC has maintained a hawkish stance since it resumed meetings this year in a bid to tackle Nigeria’s persistent inflation.

As of April, Nigeria’s inflation rate had risen to 33.69 per cent.

A number of analysts have projected a rate hike while some suggested that the apex bank may consider a hold stance as the growth rate of inflation moderated month-on-month.

Details later…

News

JUST IN: Peter Obi, Other Protesters Storm Labour Party Secretariat [PHOTOS]

Published

2 hours ago

May 21, 2024

Editor

The presidential candidate of the Labour Party, LP, in the 2023 election, Mr Peter Obi along with other protesters from the six Area Councils have stormed the National Secretariat of the Labour Party in Abuja.

Although the reason for the canonical like atmosphere is not yet clear, but it can be deduced from the banners, drumming and singing by various cultural groups representing prominent ethic groups that the gathering is a solidarity match in support of the National Chairman, Comrade Julius Abure.

News

JUST IN: Fubara Wins As Court Voids Tenure Extension For Rivers LGA Chairmen

Published

3 hours ago

May 21, 2024

Editor

A Rivers State High Court sitting in Port Harcourt has voided the tenure extension for local government chairmen in the state.

This was as the court declared Local Government Law No. 2 of 2024, which extended the tenure of local government chairmen by 6 months after expiration of their tenure, invalid.

The 27 lawmakers in the camp of the Minister of Federal Capital, Chief Nyesom Wike, had this year, in the face of the crisis, enacted a law extending the three-year tenure of the serving LGA chairmen by three months.

However, the court, in its decision Tuesday, held that the new law was inconsistent with the 1999 constitution and Section 9(1) of Rivers State Law No. 5 of 2018, which fixed 3 years for local government chairmen and councillors.

The court gave the ruling that the recent extension of local government chairmen’s tenures was invalid in suit number PHC/1320/CS/2024, a case instituted by Hon. Enyiada Cookey-Gam & 6 Ors vs. The Governor of Rivers State & Ors.

In his judgment, HHon. Justice D.G. Kio declared that Local Government Law No. 2 of 2024, which sought to extend the Chairmen’s terms by six months, conflicts with the 1999 Constitution and Section 9(1) of Rivers State Local Government Law No. 5 of 2018.

The court affirmed that the lawful tenure for local government chairmen and councillors remained three years, as stipulated by the 2018 law, stressing that any attempt to extend the tenure was not only unlawful but also violated the officials’ oath of office.