Buhari credibility in question in the financial sectors

The Presidential candidate of Peoples Democratic Party, PDP,
Alhaji Atiku Abubakar, has called on the appropriate authorities to
urgently institute a probe to unravel the hidden faces behind the
new ownership structure of multi billion naira telecoms giant,
Etisalat Nigeria, as well as Keystone Bank.

In a statement in Abuja, yesterday, Special Assistant to Atiku on
Public Communication, Mr. Phrank Shaibu, said such a probe was
necessary in view of reports that members of President
Muhammadu Buhari’s family now own substantial share in Etisalat
Nigeria, which has an estimated $2 billion (about N727 billion at
360 per dollar) of its estimated $20 billion global net worth. Atiku
also expressed shock at reports from unimpeachable sources that
the first family now plays big in the nation’s financial sector after
acquiring mouthwatering shares in Keystone Bank, with total
assets of $1.916 billion (equivalent to N307.5billion) as well as
purchasing about N3 billion worth of shares in the new Pakistani
Islamic Bank. “I know that last week was turbulent for President
Buhari and I apologise for adding to his woes, but as he is
insistent on the myth that he is spotless and anti corrupt, if this is
found to be true, this scandal would break every rule of corporate
and public governance, since this will be the first time members of
the first family will be openly involved in a once-in-a-lifetime deal
that would make them all richer beyond their wildest dreams,” the
statement said.

Nigerian Presidential Poll

Can the south east (Igbo speaking tribe) produce the next Nigerian President come 2023?

The accusation is coming amid reported allegations in the media
that the the Federal Government, led by All Progressives Congress,
APC, plans to use billions of naira from Anchor Borrowers
Programme allocated by the Central Bank of Nigeria, CBN, for
farmers, using imaginary donations from 12 million farmers as a
façade.

But the presidential candidate of the PDP advised President Buhari
to shun the use of state resources and machinery for the
upcoming 2019 presidential poll. Specifically, Atiku said no farmer
contributed any N1.7billion for Buhari’s re-election campaign,
warning that APC’s decision to use monies meant for farmers to
run his campaign was not tidy at all. He said: “The other day, a
man who scored 15,424,921 votes to win the 2015 general election
was reported to have been nominated by 14 million APC members
at the presidential primaries for 2019. Now, over 12 million
farmers have donated to his campaign. “Are they indirectly
spewing out outrageous figures of people they intend to claim
voted for them in the coming elections? Could that be why the
President was flashing an occult double four hand signal that has
gone viral? What did the hand signal mean? “Does it mean that the
President has jettisoned the idea of a free and fair election and
telling Nigerians that no matter how they vote, he will return for a
second term of four years? In any case, if the farmers who just
took a loan through the Borrowers Anchor programme and have
not liquidated the facility can donate this huge sum or any sum for
that matter, it means the ‘Association of widows and children of all
those slain by Boko Haram and herdsmen will donate N5 billion to
the Buhari campaign. ‘’In fact, the 23.1 million youth who lost their
jobs between 2016 till date will donate about N12 billion to the
Buhari campaign.

Assuming but not even conceding that such a huge sum of money was donated to President Buhari by Nigerian farmers as his handlers would want Nigerians to believe, wouldn’t such donation be in contravention of Section 91 (9)of the Electoral Act 2010 (as amended) which says no individual or other entity shall donate more than N1 million to an aspirant or a candidate?

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7 Comments

  1. Hmm

  2. Good information

  3. Hmm

  4. Ok oo

  5. Nice update at naira lovers
    Thanks

  6. This is not credible

  7. Really

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