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PDP Governorship Primary: Aspirants Step Down For Obaseki

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Aspirants under the platform of the Peoples Democratic Party (PDP) for the forthcoming governorship election in Edo State have formally all stepped down for the incumbent governor of the state, Godwin Obaseki.

Barrister Kenneth Imasuagbon, Engineer Gideon Ikhine, and Engineer Ogbeide Ihama had all showed interest to contest the governorship election under the platform of the PDP before Edo State governor, Godwin Obaseki joined them after he was disqualified by the state governorship Screening Committee of the APC.

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Though the aspirants publicly declared that they were stepping down for Obaseki while making their speeches when they were called upon to speak, the PDP Primary Committee led by Balla Mohammed of Bauchi State still went ahead to conduct the primary which kick started around 6:00pm.

READ ALSO: Edo Guber: Court Authenticates Ize-Iyamu’s APC Membership

In his speech, Barrister Kenneth Imasuagbon said he decided to step down for the unity of the party, just as he said the visions and missions of Obaseki are inline with his.

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He noted that his stepping down for Obaseki was occasioned by the governor’s boldness to fight godfatherism, which according to him he too stands against.

“Today, I decided to step down for Obaseki for the unity and progress of our party. I decided to step down because our governor was able to fight godfatherism, and we don’t want it anymore in Edo State and Nigeria in general. I am stepping down for Obaseki because his visions and missions are inline with mine. He is a hard working governor and I want the good work to continue”, Imasuagbon said.

READ ALSO: 15 Political Parties To Participate In Edo Guber Election, Says REC

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On his part, Hon. Ogbeide Ihama stated that he decided to step down for the progress of the party and that the party has been out of power for good 12 years, so it worth it stepping down for a person who returned the party to power.

He thanked Obaseki for returning the party to power after 12 years of absent in government house, Edo State.

In his speech, Engineer Ikhine said he stepped down for Obaseki because he believes in the governor for his good works.

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READ ALSO: BREAKING: APC Crisis: Buhari Backs Giadom

Recall Ikhine in a press conference few days ago had declared that he was stepping down for Mr. Governor and consequently collapsed his structure across the state to that of Godwin Obaseki.

Earlier, Chairman, Edo State Governorship Primary Committee, Senator Balla Mohammed of Bauchi State said all the contestants are people of good repute going by their political pedigrees.

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He stated that the party had learned from their past mistakes and ready to do the right thing, just as he described the PDP as a tested and trusted party.

He said the party is well structured and has internal democracy unlike other party wherein such is noted respected.

READ ALSO: Obaseki’s Reign In APC Was Hell, ‘We ‘ll Never Pray For Such’, Says Party Chieftain

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” We are tested and trusted party. The PDP is where you enjoy internal democracy, just as you will see very soon. We may have internal rancour but I want to tell you that we resolve such amicably within ourselves without it escalating. We have learnt our lessons, so, we can’t afford to dwell in such rancor”, Balla declared

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Elon Musk Puts Twitter’s Value At $20bn

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Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.

The email to employees referred to a new stock compensation program in the San Francisco-based company and the allocation of shares to employees of X Holdings, Twitter’s umbrella company since Musk purchased it in late October.

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The compensation plan values the platform at $20 billion, slightly more than Snapchat’s parent company Snap ($18.2 billion) or Pinterest ($18.7 billion), both of which are publicly traded, unlike Twitter.

Musk, who is also the chief executive of Tesla Inc. and aerospace group SpaceX, said that Twitter would allow its employees to cash in shares every six months.

READ ALSO: Elon Musk Reinstates Suspended Twitter Accounts Of Journalists

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A query from AFP emailed to Twitter’s communications department generated an automatic response in the form of a poop emoji.

In the internal email, Musk describes the brutal contraction in Twitter’s value. He says the platform faced such grave financial difficulties that at one point it was on the verge of bankruptcy.

“Twitter was trending to lose ~$3B/year,” Musk said in a message posted Saturday on the platform.

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He cited a revenue drop of $1.5 billion a year and a debt-servicing burden of the same amount — leaving it with “only 4 months of money.”

Musk, Twitter’s majority shareholder, added simply: “Extremely dire situation.”

But he then said that “It looks like we will break even” in the second quarter of the year, with advertisers — many of whom fled the platform after the mercurial billionaire bought it — now beginning to return.

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READ ALSO: FG Speaks On Banning Twitter Again After Elon Musk’s Takeover

Since taking control, Musk has sharply cut the group’s payroll from 7,500 employees to fewer than 2,000.

He said in the email that he sees a “clear but difficult path” to a valuation of $250 billion, without specifying how long that might take.

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However, in another setback for the company, fragments of Twitter’s source code were published on the development platform GitHub, the latter told AFP on Sunday, confirming a report by the New York Times.

GitHub removed the files from its site at Twitter’s request, but their brief exposure could allow hackers to identify flaws in Twitter’s original software.

AFP

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Obasanjo’s Father Not Fully Yoruba, Might Be Igbo Man – Fani-Kayode

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Former Aviation Minister, Femi Fani-Kayode has expressed the belief that ex-President Olusegun Obasanjo’s father might not be a Yoruba man.

Fani-Kayode said Obasanjo’s ‘silence’ over a recent comment by Igbo businessman Emmanuel Iwuanyanwu that Yoruba people are “political rascals,” was an indication that the former president’s father was an Igbo man, not Yoruba.

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Iwuanyanwu said Igbo people had invested so much in Nigeria and were not going to yield to the pressure of people asking them to leave.

Speaking in Awka, Anambra State, on Saturday, Iwuanyanwu berated Yoruba people.

However, Fani-Kayode said he was disappointed that Obasanjo was silent over Iwuanyanwu’s anti-Yoruba comments.

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Taking to his Twitter handle, Fani-Kayode wrote: “The fact that our revered leader and one of the fathers of our nation, former President Olusegun Obasanjo, can sit there and say nothing when Emmanuel Iwanyanwu, who I have always respected, describes the entire Yoruba race as “rascals” that the Igbo “will DEAL with” tells me that the rumour that he is NOT a fully-fledged Yoruba man and that his father was an Igbo may well be true.

READ ALSO: Coup Comment: ‘I Was Asked To Report To DSS Everyday, Interrogation Challenging,’ Fan-Kayode Laments

“Whatever the case, this is not the OBJ I once knew, loved, defended and worked so hard for. Something has gone wrong. No one could have made a statement against ANY tribe in the presence of the old OBJ that we all knew and respected and got away with it.”

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Following the outcome of the presidential election, there was a face-off between Yorubas and Igbos in Lagos.

The fallout was due to the victory of the Labour Party, LP, presidential candidate, Peter Obi, in Lagos State.

Against the backdrop of Obi’s victory, Igbos were warned against voting during the governorship election in Lagos.

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Report Banks Not Dispensing Cash To State NLC’s Office — LABOUR

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The Nigeria Labour Congress, NLC, has directed workers to report banks not dispensing cash to its state councils, ahead of planned strike over the scarcity of naira notes across the country.

This is even as leaders of NLC have scheduled a meeting of National Executive Council, NEC, meeting tomorrow to take a final decision on Wednesday’s planned nationwide strike.

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It gathered NLC gave the directive weekend after its NEC meeting on Friday where affiliate unions and state councils of NLC were directed to monitor the cash situation and how banks were dispensing naira notes to workers.

Speaking in an interview with Vanguard yesterday, President of NLC, Joe Ajaero, said: “Our affiliate unions and state councils were directed to monitor the situation. Workers have been directed to report banks not dispensing cash to NLC state offices.

”Our state councils and affiliates unions are to report back to us the prevailing situations in their states by Tuesday when we will hold another NEC meeting. The report we get from them will determine our next line of action.

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READ ALSO: NLC Gives FG 7-day-ultimatum Over Naira Scarcity

”In fact, the seven days ultimatum we gave will expire on Tuesday (March 28). The report will determine our final decision. As we speak, I am out on the streets of Abuja monitoring the situation.

”I am aware also that officials of the Central Bank of Nigeria, CBN, were in Lagos on Saturday and Sunday to monitor the situation.”

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It was gathered that part of the decision was that “the nationwide strike will be a sit-at-home and picketing of the headquarters of the CBN and all its offices nationwide on Wednesday, March 29, 2023. If the strike commences, it would continue until cash becomes available to all Nigerians.”

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