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Buhari Will Now Admit Knowing Nothing About Economy, Foreign Affairs – Obasanjo

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Former Nigerian President, Olusegun Obasanjo, has said that the incumbent President Muhammadu Buhari does not really understand the economy.

Obasanjo said this in Abeokuta, the Ogun State capital on Thursday, when taking part in an interactive session with the Experiential Leadership in Africa (TEL-Africa).

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The former president was speaking on his support for the presidential candidate of the Labour Party, Peter Obi.

As some Nigerians expressed fuss over his letter endorsing Obi for the 2023 presidential election, Obasanjo reminded them that he did the same for President Buhari, who he said did not really understand the economy.

“I have done this in the past before for President Buhari. I said President Buhari does not really understand the economy and that is true and you have seen it.

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READ ALSO: Obasanjo Speaks On June 12 Presidential Election Results Annulment

“I wasn’t running him down, that is what he is and he himself will admit that,” he said.

Obasanjo also said Buhari’s understanding of foreign affairs was very little.

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“I said his (Buhari) understanding of foreign affairs is also very little because when he was Military Head of State, he said his frontline does not go beyond the borders of Nigeria. That is a pity!” he stressed.

Then, Obasanjo recalled that he wrote an open letter of almost six and a half pages to Buhari, but all to no avail.

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Edo To Dredge Ikpoba River For Revenue, Flood Control

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Edo State government has proposed the dredging of Ikpoba River to curb flooding and exploring potentials for enhancing revenue generation in the state.

The state Commissioner for Mining, Hon. Andrew Ijegbai, disclosed this when he led a delegation on an inspection of the river in Benin City.

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According to him, the initiative was to find a lasting solution to the incessant challenges of flooding and river overflow on the busy road.

He added that his team was on the ground to assess the condition of the river to get a firsthand observation of its impact on communities near its bank.

READ ALSO: Controversy Over Pregnant Woman Buried Alive In Edo

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Also speaking, Director of Mining in the ministry, Mr. Omoruyi Ihianle expressed the state government’s determination to turn challenges into successes.

He stated that the primary objectives of the project were to generate revenue for the state government through mining and to mitigate flooding in the host communities.

“As a government, we have found a way of converting our challenges until success.

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“As a result of the silted river channel, the host communities have been suffering from flooding, hence the Edo State Government is stepping in to desilt while raising revenue for the State Government,” he said.

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JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead

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Peter Rufai, the former Super Eagles goalkeeper, has died.

Waidi Akanni, a former teammate and associate, confirmed the legendary goalkeeper’s death to TheCable on Thursday.

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Rufai, affectionately nicknamed Dodo Mayana, died at 61 after a reported battle with long-term illness.

The Super Eagles of Nigeria also announced the demise of the former goalkeeper on the team’s official X account.

READ ALSO: Meet First African Artiste Who Get Hollywood Walk Of Fame Star

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Forever in our hearts, Dodo Mayana. We mourn the passing of legendary Super Eagles goalkeeper, Peter Rufai, a giant of Nigerian football and a 1994 AFCON champion,” the post reads.

Your legacy lives on between the sticks and beyond.”

Rufai is regarded as one of the best football goalkeepers Nigeria has ever produced. He was the Eagles’ first-choice goalkeeper when Nigeria won the 1994 Africa Cup of Nations (AFCON).

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He also represented Nigeria at the 1994 FIFA World Cup in the US and the 1998 FIFA World Cup in France.

Rufai had over 60 caps for the Super Eagles over the course of a decade with the team.

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AMCON Sells Ibadan DisCo For N100bn

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The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion.

AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday.

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Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.

READ ALSO:IBEDC Throws Ogun Industrial Estate, Others Into Darkness Over Debts

Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.”

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Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.”

However, officials of IBEDC did not respond to inquiries about the sale.

 

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