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Put up Nigeria for sale, rather than seeking for fresh N6 trillion loan, Timi Frank to Buhari

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Mr Timi Frank

President Muhammadu Buhari has been asked to outrightly put up Nigeria for sale for interested buyers, rather than seeking for N6 trillion loan.

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The former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Sunday, condemned plans by President Muhammadu Buhari to borrow another N6 trillion.

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He said, Nigeria under President Muhammadu Buhari should be sold rather than mountainous loans that would enslave citizens when he was out of power.

Buhari had written to the House of Representatives seeking a fresh loan of N6 trillion to finance the 2022 budget deficit which Mr. Frank is raising concerns.

Buhari’s letter reads in part: “As you are aware Mr Speaker, the new development both in the global economy as well as the domestic economy has necessitated the revision of the 2022 fiscal framework on which the 2022 budget was based.

“The total budget deficit is projected to increase from N965.42 billion to N7.35 trillion representing 3.99 percent of the GDP.

The new borrowings Buhari maintained.was to shore up deficits and finance the domestic market.

Frank who is the United Liberation Movement for West Papua (ULMWP) Ambassador to East Africa and Middle East, in a statement in Abuja, described the move to further amass debt by Buhari as unconscionable, immoral, anti-people and anti-God.

He told Mr President to sell the country and share money to APC members, insisting that Buhari’s appetite was insatiable.

Timi in statement posited that past loans have been shred through corrupt.deals, hence, the rate of poverty is now in equal proportion with loans taken.

He expressed concern that of loans taken in the past was useful, why has Nigeria rated the poverty capital of the world, “a clear evidence that the loans never benefited the poor masses or the completely knocked down nation’s economy.

“How can we have a President that only knows how to borrow with no tangible project to show for what has been borrowed.

“Nigeria today is beset by insecurity but Buhari cannot account for over N10 trillion defence budget since 2015.

“Nigeria was fortunate to secure debt forgiveness and cancellation during the administration of President Olusegun Obasanjo. But Buhari has since acquired over ten times the value of Nigeria’s debt that was written off by the Bretton Woods Institutions, that is, the World Bank and the International Monetary Fund (IMF).

“It is unfortunate that the Buhari’s regime has turned out to be the worst government since this democratic dispensation in view of its attempt to completely subjugate Nigerians to poverty by making them slaves to creditor nations and institutions across the world.

“As the 2023 general elections draw near, Nigerians are being presented with an opportunity to vote in better and credible political leaders that would help free the country from the debt burden foisted on it by the Buhari-led APC regime, and ensure genuine development of the country,” Frank said.

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Reports of Justice Agim accompanying Wike to UNICAL convocation false, misleading Supreme Court

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The Supreme Court of Nigeria has denied that one of its justices, Justice Emmanuel Agim accompanies the Minister of the Federal Capital Territory to the convocation at the University of Calabar in the South South Nigeria.

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The denial came amid suspicion that Justice Agim who wrote a judgment of the Supreme Court in favour of the 27 lawmakers in Rivers State is close to Wike, hence, his presence around Wike has triggered speculations.

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Wike is the former governor of Rivers State and a current of the Federal Capital Territory (FCT) who controls lawmakers in Rivers.

In a statement issued on Monday by the Supreme Court’s Director of Information and Public Relations, Festus Akande, he refuted the claims, saying Agim attended the event on his own.

The statement described the rumour as misleading, insisting that Justice Agim attended the event as a honoree, urging Nigerians to disregard the social media lies.
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“Hon. Justice Agim attended the convocation as an esteemed honouree and an alumnus of the institution, who the Governing Council had found worthy to be conferred with an Honorary Doctorate Degree in Law (Doctor Honoris Causa),” the statement read.

“That Justice Agim was recognized for his significant contributions to the legal profession, which reflect his dedication to justice, integrity, and the rule of law.

Naija News reports that the statement highlighted that Justice Agim’s achievements serve as an inspiration for aspiring legal professionals and students alike.

The statement also addressed the claim that Justice Agim had attended the convocation ceremony in the company of Nyesom Wike.

It stressed that this was a false narrative, stating that Justice Agim’s attendance was independent of any government ministry or department and that he was not accompanying any government official.

“Any insinuation to the contrary is not only inaccurate but undermines the judicial independence that is crucial to our democracy,” the Supreme Court emphasized.

Additionally, the statement noted that Justice Agim had been scheduled to attend the burial ceremony of Hon. Justice Stanley Alagoa in Bayelsa State but had sought permission to attend the convocation ceremony instead.

In conclusion, the Supreme Court urged the media and the public to verify information through credible sources before dissemination.

“We encourage the public and media to verify information through credible sources before sharing or publishing to prevent the spread of misinformation,” the statement concluded.

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State of Emergency in Rivers: $5,000 shared to Reps as ‘Sallah gesture,’ not bribe – Hon. Betara

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Hon. Mukhtar Aliyu Betara

Member representing Biu/Bayo/Shania/Kwaya/Kusar Federal Constituency of Borno State, Hon. Mukhtar Aliyu Betara has disclosed that he shared $5,000 with members of his committee as a “Sallah gesture”.

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Betara who is the Reps Committee Chairman on FCT said the money was not a bribe to pass resolution declaring a state of emergency in Rivers as being insinuated.

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The was posted by a Nigerian investigative journalist, Jaafar Jaafar on his X handle.

Jaafar said Betara explained this to him after the lawmaker reached out to clarify that the $5,000 given to lawmakers was merely a “Sallah gesture” and not an inducement.

He quoted Batara to have said the gesture was a long standing g tradition and has nothing to do with the state of emergency I Rivers.

Jaafar wrote:

“The chairman of the House Committee on FCT, Mukhtar Aliyu Betara, has clarified to me that he only shared $5,000 with each member of his committee as a ‘Sallah gesture,’ not as an inducement to support emergency rule in Rivers State.

“According to him, he maintains the tradition—like Santa Claus—every year.

“As we say in Hausa, not thigh but hind leg.”

The clarification by Betara came amid strong speculations that Senators received $15,000 bribe to pass a resolution to sustain declaration of state of emergency rule in Rivers.

The bribe was reportedly shared on Tuesday before they voted on Wednesday.

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INEC holds crucial meeting to look into petition recalling Senator Natasha Akpoti-Uduaghan from Senate

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Senator Natasha Akpoti-Uduaghan representing Kogi Central Senatorial District

The Independent National Electoral Commission (INEC) has proceeded into a crucial meeting to study and look into a petition submitted to it by constituents of Kogi Central Senatorial District.

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CAPITAL POST gathered, it a top management meeting as it was claimed that over 250,000 constituents signed the petition out of 480,000 registered voters.

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The meeting was confirmed on Monday by the Acting
Director of Publicity, Esther Chibuikem, stating that the meeting held at a committee room at the INEC headquarters in Abuja.

It was also confirmed that the Secretary to the commission, Rose Oriaran-Anthony, on received the petition against Natasha on Monday.

The petition follwed the nod given by the Federal High Court sitting in Lokoja on Friday where the earlier judgement restraining INEC from accepting the petition was set asid3.

Last week, constituents from Kogi Central were said to have i initiated a recall of Senator Natasha Akpoti-Uduaghan representing Kogi Central Senatorial District, but some constituents claimed that they were d3ceived into exercise as they were told to gather with their voters card for 3 powerment.

However, the Court, in a judgement delivered in Lokoja, affirmed that the recall process is constitutionally valid and aligns with the civic rights of the constituents.

The court urged the constituents to continue exercising their rights in an orderly and peaceful manner.

The development was after the court on Thursday granted an interim injunction restraining INEC, its staff, agents, privies or assigns from receiving, accepting or acting on any petition containing signatures of members of Kogi Central Senatorial District.

As at press time, INEC hasn’t release information on the next action as signatures may have to be critically compared with its register to determine validity.

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