They met exchange rate at N200/$1, now it’s N800/$1 - Tinubu attacks Buhari’s govt again - Newstrends
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They met exchange rate at N200/$1, now it’s N800/$1 – Tinubu attacks Buhari’s govt again

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President Muhammadu Buhari and Bola Ahmed Tinubu

The presidential candidate of the All Progressives Congress (APC), Bola Tinubu, at the party’s presidential campaign rally in Calabar, Cross River State, slammed the President Muhammadu Buhari-led federal government over the depreciation of the nation’s currency.

This comes few days after Tinubu criticised the government.

According to Tinubu, when the government took over, the naira/dollar exchange rate was about N200 to a dollar, but it has depreciated to about N800 to the dollar on the parallel market.

“Today, they moved the exchange rate from N200 to N800. If they had repaired it, if they had arrested this, we won’t be where we are today, we will be greater.  “They don’t know the way, they don’t know how to think, they don’t know how to do,” the former Lagos governor said.

Tinubu recently in Abeokuta, Ogun State, had attacked the federal government for the lingering fuel scarcity in the country as well as the naira redesign project which the Central Bank of Nigeria carried out with the approval of President Muhammadu Buhari.

However, the former Lagos governor had denied that the outburst wasn’t targeted at the president, but the presidential candidate of the Peoples Democratic Party, Atiku Abubakar.

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Also at the Calabar rally, Tinubu promised that Cross River State woulf be converted to the tourism hub of Nigeria if he becomes the president of Nigeria after the February 25, 2023 presidential election.

Tinubu said this while addressing a mammoth crowd of APC stalwarts and supporters that trooped out to grace the presidential campaigns of the party in Calabar.

The APC leader who arrived Calabar in company of his running mate Senator Kashim Shettima alongside other party members said: “We will turn the water surroundings and the Atlantic of Cross River State to be better than Florida.Money will come in; this state will become wonders of tourism in Nigeria. We are promise keepers!

“We mean what we say. When we took over in Lagos, we said what we’ll do in Lagos, and we did it. Today Lagos is exceptionally rich and functional.”

The APC presidential candidate said as president, he would create prosperity, create jobs and create a much stronger economy for the country.

Tinubu told the people of Cross River State not to vote for the candidate of the PDP.

“They (PDP) mismanaged the nation’s economy, and privatised assets of the country to themselves and their cronies. Don’t mind them with their lies of 16 years, they cannot even provide electricity to roast corn. They kept lying, electricity that is generated from our hydro, they don’t know how to do it”, he alleged.

Tinubu praised Senator John Owan-Eno and the Mrs. Mary Ekpere for sheathing their swords, and working together in unison with others for the victory of the APC at the polls.

Also speaking, a former Leader of the Senate Victor Ndoma-Egba, said the election provides the opportunity for the PDP to be buried finally.

The state governor, Prof. Ben Ayade said the APC would win all the election in the state.

Ayade asked Tinubu to ensure that the Bakassi Deep Seaport, and the Super Highway become realities when he becomes president of Nigeria.

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Meanwhile, at the Awka rally in Anambra State, Tinubu derided two of his co-contestants, Atiku and Mr. Peter Obi of the Labour Party (LP),  saying anytime Atiku says “walahi talahi’, what is in his head is, ‘na lie I lie.”

Describing the duo as liars and betrayers, Tinubu, who insisted that he was the only one who has been able to establish a track record of success, with verifiable projects as governor of Lagos State, identified Governor Chukwuma Soludo as a thinker he was ready to work with as well as promised to tackle the challenge of erosion in the state the same way he tackled the menace of ocean surge in Lagos.

“You will have industrial hub in Anambra. We are not like PDP that forgot your rail line. They are liars. When you hear Atiku uses the word and say ‘walahi talahi’, what is in his head is “na lie I lie”. Anytime you hear him say Walahi talqhi,, just reply and say, “na lie I lie.

“The man who left here, he calls himself Peter Obi. We read in the bible that before the cock crows, he will deny Jesus Christ. Is it not true? So, how can he keep his promise to you? He cannot prove a point. Has Bola Tinubu not proved a point? Did I close any market? Did I kill anyone? I’m a thinker and a doer, I even tamed the Atlantic,” he said

Speaking on his promises for the people of Anambra State, Tinubu said, “You want to make Anambra a highly dependable state right? That is the memory of my dear friend Chuba Okadigbo. That is what we will continue to carry on – the joy of Chuba Okadigbo. Youths of Anambra, I’m here today to concretise the promise of development that will promise you restoration and industrialisation.

“You know me, you know Tinubu, the city boy of Lagos? You know I had the Atlantic tamed in Lagos? The way we tamed Atlantic Ocean is the same way we will tame the erosion in the eastern region. We will tame the erosion. We will make the value of your property worth more than 1,000 time of  your investment.

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“We will create jobs for our youths. We will industrialise and make Anambra both the economic city and the economic centre of Nigeria. Your resources will be applied to create handwork and hard work, better paying jobs.

“We are not like the other party that comes here to lie to you. Tell them when they bring their lie, ask them how long will it take their lies to travel from Port Harcourt to Onitsha, Onitsha to Aba?

“You see their lies, for 16 years, PDP lied that they will give industrialisation, but instead they sold our assets to themselves and they called it privatisation. Privatisation to their own pockets. They privatised the industry to their pockets.

“The hour has come, your PVC is the master, the voice of commandment. Atiku said he is the candidate of the north, is that not a dog whistle? Is that not a division among us. Anambra people lived well, in prosperity and joy with me in Lagos. I started paying WAEC fees, I didn’t discriminate whether you are Igbo, Christian or anybody, I paid for everybody.”

He, however, eulogised Soludo, saying, “Soludo, your son is not contesting with me or against me. He is a brilliant man, he has the brain, he is a thinker, he knows the way. We will work together. When I become the president, Soludo will be one of those advisers, who will bring prosperity back to you. So, the way you voted for Soludo is the way you vote for Bola Tinubu.”

Director General of the APC presidential campaign council, Senator Margery Okadigbo, who spoke at the rally said, the massive attendance was indicative of the love the people of the state had for Tinubu, and that they were ready to vote for him during the election.

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Adeleke’s Aide Anisu Resigns, Defects to APC

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Adeleke’s Aide Anisu Resigns, Defects to APC

A political tremor has hit Osun State as a Special Adviser to Governor Ademola Adeleke, identified as Anisu, has resigned his appointment and defected from the People’s Democratic Party (PDP) to the All Progressives Congress (APC).

 

The development, which emerged on Saturday, has sparked widespread reactions within the state’s political space, with observers describing it as a potential shift in loyalty within the ruling circle of the Osun government.

 

Although details of his resignation letter were not immediately made public, sources within political circles hinted that the decision may not be unconnected to internal disagreements and realignments ahead of future political contests in the state.

 

Anisu, who served as one of the aides to the governor, was considered part of the grassroots political structure that contributed to the electoral success of the PDP in Osun. His defection is therefore seen by analysts as symbolically significant, even if its immediate electoral impact remains uncertain.

 

Supporters of the APC in Osun have since celebrated the move, describing it as a sign of growing acceptance of the party within the state. Some party loyalists took to social media to welcome the former aide, noting that his experience within government would strengthen the party’s strategy ahead of upcoming political engagements.

 

On the other hand, the PDP is yet to issue an official statement regarding the defection as of press time. However, party insiders have downplayed the development, insisting that it does not pose any serious threat to the administration of Governor Adeleke or the party’s dominance in the state.

 

Political analysts say defections are not unusual in Nigeria’s political landscape, where alignments often shift based on interests, strategy, and evolving power dynamics. They note that while individual defections may not immediately alter the balance of power, a consistent pattern could signal deeper cracks within a party.

 

The defection also comes amid ongoing political maneuvering across Nigeria, as parties continue to consolidate their bases and attract influential figures ahead of future elections.

 

Efforts to reach Anisu for comments on his decision were unsuccessful at the time of filing this report.

 

Adeleke’s Aide Anisu Resigns, Defects to APC

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Bala Mohammed Rejects APC Pressure, Says He Won’t Be Criminalised

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Bauch State Governor, Bala Mohammed
Bauch State Governor, Bala Mohammed

Bala Mohammed Rejects APC Pressure, Says He Won’t Be Criminalised

Bauchi State Governor Bala Mohammed has strongly rejected alleged political pressure from the All Progressives Congress (APC) and the federal government of President Bola Tinubu, insisting he will not be intimidated or “criminalised” for refusing to defect to the ruling party.

Speaking at a press conference, Governor Mohammed accused federal agencies, including the Economic and Financial Crimes Commission (EFCC) and the courts, of being used as tools to target political opponents. He described the alleged actions as politically motivated harassment aimed at forcing him and other opposition figures to align with the APC.

“The APC-led federal government thinks they can use the court and the EFCC to prosecute Nigerians who are not in their party,” Mohammed said. “If they don’t stop, we are prepared to declare a war. I assure you, we will not keep quiet any longer. I will not allow anybody to criminalise me because I refuse to join their party.”

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The governor reaffirmed his decision not to defect, highlighting that some of his commissioners have already faced pressure and what he calls unjust scrutiny by anti-graft agencies. He warned that continued coercion could provoke stronger public responses from himself and the Peoples Democratic Party (PDP) leadership.

Bala Mohammed, who chairs the PDP Governors’ Forum, accused the APC-led administration of deploying “gestapo tactics” to weaken opposition voices ahead of the 2027 general elections. He said these actions undermine democratic principles, politicize state institutions, and threaten the independence of officeholders.

Political observers note that his comments underscore rising tension between the federal government and opposition governors, as speculation continues about party realignments and alliances ahead of upcoming elections. Supporters argue that his stance represents a firm defense of political freedom, while critics warn that the rhetoric could further heighten partisan polarization in the country.

Governor Mohammed’s position highlights broader concerns over federal influence on state affairs, the impartiality of anti-corruption agencies, and the use of state institutions in partisan politics, raising urgent questions about Nigeria’s democratic and governance frameworks.

Bala Mohammed Rejects APC Pressure, Says He Won’t Be Criminalised

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US Firm to Engage Trump, Congress Over INEC’s Suspension of ADC Leadership

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Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan
Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan

US Firm to Engage Trump, Congress Over INEC’s Suspension of ADC Leadership

A U.S.-based policy and lobbying firm, Von Batten-Montague York L.C., has announced plans to brief members of the U.S. Congress and officials linked to former President Donald Trump over the Independent National Electoral Commission’s (INEC) decision to withdraw recognition of the African Democratic Congress (ADC) leadership. The move has raised concerns about Nigeria’s electoral credibility and the ability of the opposition to participate fully in the 2027 presidential election.

INEC had earlier this week removed recognition of the ADC leadership from its official portal and suspended all formal engagement with the party, citing ongoing litigation over a leadership dispute. The commission said its action was in compliance with a Court of Appeal order directing parties to maintain the status quo until the legal matter is resolved.

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In a statement, Von Batten-Montague York L.C. said INEC’s action has effectively frozen one of Nigeria’s major opposition parties at a critical time, potentially undermining political participation, democratic processes, and election integrity. “This situation could hinder the opposition’s ability to organise and participate fully in the democratic process,” the firm stated.

The U.S. firm also highlighted Nigeria’s strategic importance to the United States in areas including regional security, economic stability, and counterterrorism, adding that the integrity of Nigeria’s elections has direct implications for U.S. interests and global stability. Accordingly, the firm plans to present its concerns to U.S. lawmakers and Trump administration officials to ensure that free, fair, and transparent elections in Nigeria remain on the international agenda.

The firm further called on President Bola Tinubu to guarantee that the upcoming elections are beyond reproach, transparent, and reflective of the will of Nigerians. It urged that no political party or faction should be disadvantaged in a manner that could compromise electoral fairness or democratic participation.

The ADC leadership dispute, involving rival factions led by Senator David Mark and others, has drawn sharp reactions locally. While INEC maintains it is acting to comply with court directives, critics argue that the decision could weaken the opposition and create uncertainty in the lead-up to the presidential elections.

Meanwhile, the ruling All Progressives Congress (APC) has defended INEC’s actions, describing the crisis as self-inflicted by the ADC and urging compliance with the law to resolve leadership disputes ahead of election preparations.

Analysts warn that the situation underscores the importance of institutional neutrality, transparency, and timely resolution of party disputes to maintain the integrity of Nigeria’s democratic process.

US Firm to Engage Trump, Congress Over INEC’s Suspension of ADC Leadership

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