2027: TINUBU CAN’T WIN IN FREE, FAIR ELECTION – DELE MOMODU. (PHOTO).

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 2027: Tinubu can’t win in free, fair election – Dele Momodu …Says President made huge campaign promises, but delivering very little ...Talks about PDP crisis, defections, state of APC, what Atiku, Obi can do, Fubara and emergency rule in Rivers   By Christy Anyanwu Dele Momodu is a journalist and politician. He was one of the few Nigerians who fought the military for the country to return to democratic rule using NADECO. In this interview with Sunday Sun, he looked at governance in Nigeria today, the state of the nation, political economy, the President Bola Tinubu’s policies and outcomes, as well as the country’s trajectory. How would you describe the state of the nation? Insecurity is taking a toll on Nigeria, to the extent that the President, on his return from France, gave marching orders to Security Chiefs and the NSA that enough is enough. How do you look at that order? I don’t see anything new in that. From the time we had the crisis, let’s say, from Jonathan to Buhari...
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PRESIDENT BUHARI URGES CLOSER COLLABORATION TO TACKLE ECONOMIC CHALLENGES IN WEST AFRICA.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI URGES CLOSER COLLABORATION TO TACKLE ECONOMIC CHALLENGES IN WEST AFRICA


 
President Muhammadu Buhari Tuesday called on executives of banking institutions in West Africa to forge a closer collaboration to tackle economic challenges confronting the sub-region.
 
Receiving a delegation from the West African Bankers Association (WABA), led by its President, Thierno Seydou Nourou Sy, the President noted that the sub-region must find a common understanding and ground to address low access to financial services and recovery from post COVID-19 pandemic.
 
President Buhari told the association, founded in 1981, and which brings together over 250 commercial banks and 15 institutions from across West Africa, that ,for many centuries, African countries have traded with one another without a formalized and structured system.
 
He, however, noted that over time, global trade has become more complex and organized.
 

The Nigerian leader expressed confidence that the rollout of the African Continental Free Trade Area would be a turning point in how African countries trade with each other.
 
''More importantly, we will turn the page in ensuring that we deepen and expand our industrial capabilities by making sure we export less of what we have been endowed with in primary or raw form, and convert larger portions of these resources into finished materials.
 
''That will allow us to benefit from the revenue earned from the added value of exporting a finished product,'' he said.

 
Speaking further, the Nigerian leader declared: ''Our ability to overcome the current phase of our development lies  in our resolve to work jointly via our regional and  sub-regional organizations where we can all reach a common understanding to fight against a common enemy.
 
''This is one of the reasons I am delighted with the strides ECOWAS has been making towards unanimity and forging alliances with a goal to resolve issues that confront the sub-region.
 
''I believe that this is also the approach that is being followed in the West African Bankers’ Association and the West African Monetary Union.''
 
Commenting on ongoing efforts to synchronize monetary and fiscal policies through WABA, the President challenged the association to work towards finding a common ground, despite the unique macro-economic challenges that each member-state faces.
 
He pledged that Nigeria will always be ready to support efforts that are geared towards improving the lives of all its citizens ''as long as they do not place us at a disadvantage.'' 

The WABA President lauded the lead role Nigeria plays in African economy, adding that President Buhari’s leadership was also well appreciated.

''That’s why we are here for counsel and guidance for the financial sector in West Africa,'' he said.

He urged President Buhari to be an advocate for greater inclusion for WABA in ECOWAS structure, also noting that one of the challenges with the banking system is capacity building, and urging Nigeria to set up a training academy for the industry.
 
Femi Adesina
Special Adviser to the President
(Media & Publicity)
May 24, 2022


 

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