Connect with us

Politics

Obasanjo Attacking Buhari Out Of Frustration, Presidency Claims

Published

on

…Says former President lied to garner southeast votes

…Obasanjo administration dark days for Nigeria

The Presidency, on Monday, said former President Olusegun Obasanjo is verbally attacking the Buhari regime “out of frustration.”

It also described Obasanjo’s attitude to the President as “vengeful”.

Advertisement

‘Hell’ for Obasanjo is when a President, any President that comes after him refuses to be his own puppet, to do as he wishes on all matters and at all times.

“He then keeps attacking out of frustration. Obasanjo’s vengeful attitude towards President Buhari is the height of selfishness and little short of moral squalor,” the Presidency said in a statement signed by Buhari’s Senior Special Assistant on Media and Publicity, Garba Shehu.

The statement is titled Morally squalid Obasanjo attacks leaders out of frustration.

Advertisement

READ ALSO: Obasanjo: Buhari Ahead In ‘Backwardness’, Tweep Blasts Presidency

Shehu’s statement comes barely 24 hours after Obasanjo described the Buhari-led government as “hell on earth” for Nigerians.

In his new year message, the former President said under Buhari, “Nigeria of today had been dragged down well below Nigeria of the beginning of my Presidency in June 1999.”

Advertisement

While formally endorsing the Presidential candidate of the Labour Party, Mr Peter Obi for the February 25 election, Obasanjo also urged young Nigerians to ride on the next elections and take their destiny into their hands.

But in its reaction, the Presidency argued that Obasanjo lacked the adequate moral authority to berate the Buhari regime on four grounds.

President Buhari is ahead of Chief Obasanjo in all fields of national development and to do that is a cardinal sin to Obasanjo whose hallucinations tell him that he is the best ever to lead Nigeria and there will never be another one better than him.

Advertisement

“President Buhari just completed the world-class edifice that is the Second Niger Bridge after three decades of failed promises. It is now awaiting commissioning. Obasanjo laid the sod for the bridge in his first term as elected President and work never started.

“When he sought re-election for his second term in office, he returned to the site to turn the sod for the bridge the second time. When the Obi of Onitsha, forthright and scholarly, reminded him that he had done this in the past, Obasanjo told the foremost Southeast traditional ruler that he was a liar, in the full presence of the Chiefs and Oracles in his palace.

READ ALSO: Obasanjo, Clark’s Obi Endorsement Road To Tinubu’s Victory – Keyamo

Advertisement

“Obasanjo lied to the Southeast to get their votes. President Buhari didn’t get their votes but built the bridge because he believed it is the right thing to do,” the statement read in part.

Second, the Presidency said Buhari has been stating and restating that he will supervise a better election than the one that brought him to the office and to leave as and when due.

It explained that “Having tried tenure elongation and failed, Obasanjo’s fictitious mind must be telling him that he is the one under attack.

Advertisement

“But he is not on President Buhari’s radar because experience has shown, especially lately in West Africa where there have been at least three successful coups and many other failed attempts, that third term or tenure elongation is a recipe for political instability.

“Furthermore, the totality of African leaders appointed President Buhari the Anti-Corruption Champion of the continent.

“You can’t be an anti-corruption champion if ‘you meddled and bent the rules,’ carrying the putrid responsibility of what happened to national assets in the name of privatization as documented by the Nigerian Senate in 2011.”

Advertisement

Shehu cited several national assets such as Aluminum Smelter Company of Nigeria which was set up with $3.2bn and sold to a Russian firm, Russal, for $130m; Delta Steel, which was set up in 2005, at a cost of $1.5bn, was sold to Global Infrastructure for $30m.

He also noted that ALSCON got back $120m for the dredging of the Imo River, which was never carried out.

Third, the Shehu said Buhari’s rising profile as the Champion of Democracy at home, in West Africa and Africa-wide, must be unsettling for Obasanjo who “destabilised internal democracy by orchestrating impeachment after impeachment of governors who were not compliant with his highly imperial administration.”

Advertisement

“As we said sometime back, Mr Obasanjo’s tenure, 1999-2007, represented the dark days of Nigeria’s democracy due to a slew of assaults on the constitution.

“The former president deployed federal machinery to remove governors Joshua Dariye, Rashidi Ladoja, Peter Obi, Chris Ngige and Ayo Fayose from office.

“They were the then governors of Plateau, Oyo, Anambra, Anambra and Ekiti, respectively, unjustly removed using the police and secret service under his control,” Shehu argued.

Advertisement

It said under the Peoples Democratic Party, lawmaking powers of the Rivers State legislature were transferred to the federal parliament to punish Governor Amaechi for shifting his political alliance.

By contrast, the Presidency said “In Washington a few weeks ago, the US President Joe Biden at a meeting with African Heads of States and Government described President Buhari as a champion of democracy and role model for the leaders of African states.

“Clearly, Obasanjo has become even more jealous by adopting a vengeful attitude.”

Advertisement

Fourth, Shehu said Obasanjo’s aphorism of Nigeria moving from “frying pan to fire” under Buhari should be read as a personal experience for the former President.

READ ALSO: 2023: Obi’s Wife Margaret Raises Nigerians’ Hope

“‘Hell for Obasanjo is when a President, any President that comes after him refuses to be his own puppet, to do as he wishes on all matters and at all times.

Advertisement

“He then keeps attacking out of frustration.

“Obasanjo’s vengeful attitude towards President Buhari is the height of selfishness and little short of moral squalor,” said the Presidency.

Advertisement

Politics

APC Defeats NNPP In Kano Re-run Election

Published

on

The All Progressives Congress (APC) has defeated the New Nigeria Peoples Party (NNPP) in the Ghari/Tsanyawa supplementary re-run election in Kano State.

Announcing the result on Sunday, the Returning Officer, Prof. Muhammad Waziri of Bayero University, declared APC’s Garba Gwarmai winner with 31,472 votes, ahead of NNPP’s Yusuf Maigado, who polled 27,931 votes.

Advertisement

The supplementary election was conducted after the initial poll was declared inconclusive.

READ ALSO:By-election: INEC Staff, Politician Caught With Huge Cash In Ogun [VIDEO]

Hon. Gwarmai’s 3,541-vote lead marks a significant victory for the APC, further consolidating its political foothold in the state.

Advertisement

According to Tribune Online, the All Progressives Congress (APC), Kano State Chapter, had expressed concerns over alleged irregularities in the rerun elections for Ghari/Takai and Bagwai/Shanono Constituencies.

 

Advertisement
Continue Reading

Politics

Obi Blames Tinubu For 70% Investment Crash

Published

on

The 2023 presidential candidate of the Labour Party, Peter Obi, has accused President Bola Tinubu’s administration of presiding over what he described as “a collapse in foreign direct investment.”

He blamed what he called “poor leadership, weak governance, and uncoordinated reforms” for the country’s economic woes.

Advertisement

Obi, in a statement shared on official X (formerly Twitter) handle on Friday, noted that going by fresh figures from the National Bureau of Statistics, FDI into Nigeria plunged by about 70 per cent in the first quarter of 2025, falling to $126.29m from $421.8m recorded in the last quarter of 2024.

While the President, ministers, and other government officials continue their global galivanting in search of FDI, our poor performance in key governance indicators – such as rule of law, regulatory quality, government effectiveness, and voice and accountability – continues to prove that you cannot attract sustainable foreign investment with poor leadership and governance,” Obi wrote.

READ ALSO:Jonathan, Obi Can’t Match APC’s Strength For 2027 – Mustapha Salihu

Advertisement

While noting that the country’s investment inflows were largely speculative, Obi said, “Of the total capital importation of about $5.64 bn in Q1 2025, FDI accounted for only about 2.24 per cent, compared to 8.2 per cent in Q4 2024.

“Disturbingly, about 90 per cent of the imported capital went into speculative money market instruments, with negligible impact on industrial growth or job creation, given the ease with which such ‘hot money’ can exit the economy.”

He argued the sharp drop in manufacturing inflows further underscored the lack of investor confidence in the country.

Advertisement

Capital flows to the manufacturing sector declined by 32.1 per cent, falling to only $129.92 million in Q1 2025 from $191.92 million in the same quarter of 2023. There is no better confirmation of the lack of trust in this government, whose reforms remain uncoordinated and largely reactive,” he said.

READ ALSO:One Dead, Five Injured In Kogi Road Crash

The former Anambra State governor further compared the country’s performance with other African nations that recorded major gains.

Advertisement

In 2024, while global FDI flows declined, Africa’s FDI rose by about 75 per cent to $97 billion,” he stated.

Egypt alone attracted $46.58 billion. Ethiopia received $3.98 billion, Côte d’Ivoire $3.80 billion, Mozambique $3.55 billion, Uganda $3.30 billion, DR Congo $3.11 billion, South Africa $2.47 billion, Namibia $2.06 billion, Senegal $2.02 billion, Guinea $1.83 billion, and Morocco $1.64 billion.”

According to him, Nigeria has been left trailing far behind.

Advertisement

READ ALSO:Presidency In Nigeria Should Be Five-year Single Tenure — Peter Obi

Most disappointingly, our dear nation, the so-called ‘Giant of Africa,’ received only $1.08 billion – about one per cent of Africa’s total FDI – representing a decline of about 42 per cent from 2023. Worse still, after that 42 per cent drop between 2023 and 2024, FDI to Nigeria has further declined by 75 per cent between Q4 2024 and Q1 2025,” Obi lamented.

He warned that unless Nigeria fixed its governance problems, it would continue to lose investment to more stable African economies.

Advertisement

We cannot achieve sustainable growth and development with ineffective leadership and a weak government,” he said.

Advertisement
Continue Reading

Politics

By-election: Edo Deputy Gov Lauds Credible Process, Encourages Voters

Published

on

Edo State Deputy Governor, Dennis Idahosa, on Saturday commended the impressive turnout of voters in the ongoing by-election for the Ovia Federal Constituency seat in the House of Representatives.

Idahosa gave the commendation after casting his ballot at Unit 3, Old Education Board, Iguobazuwa West Ward, Ovia South-West Local Government Area.

Advertisement

He described the process as seamless, peaceful, and encouraging.

Edo Deputy Governor, Dennis Idahosa, on the queue at the Ovia Federal Constituency to cast his vote.

READ ALSO:By-election: PDP, APC Exchange Words Over Alleged Plan To Disrupt Poll

Advertisement

“I must commend the people for coming out in large numbers to vote. So far, everything is going well. We are expecting free, fair, and credible elections. Ovia people will be happy with the outcome. I am calling on more voters to come out and perform their civic duties.

“I just voted and I am going home while I wait for the result,” he said.

Meanwhile, at Okada West Ward Units 1, 4, and 6, voters were seen in long queues waiting to cast their ballots.

Advertisement

Continue Reading

Trending