Foundation member of the All Progressives Congress (APC), Mr. Osita Okechukwu, has pleaded with President Muhammadu Buhari to quickly come to the rescue of Nigeria’s currency, the Naira, before politicians depreciates it out of recognition.

He noted that a nation’s currency is one of the critical indices of measuring the general health of its economy, stressing that when the currency nose-dives it leads to hype-inflation, gross unemployment and abject poverty, thereby worsening the nation’s security.

In a statement made available to journalists, Sunday, Okechukwu, who is also the Director-General (DG) of Voice of Nigeria (VON), decried the dollar rain during the recent Presidential primary of opposition Peoples Democratic Party (PDP) at the National Stadium Abuja.

He cited the withdrawal comments of Mohammed Hayatu-Deen, a financial guru, saying that President Buhari should support the use of consensus method to ensure that the forthcoming APC presidential primary does not follow the PDP’s highest bidder Dollar Rain.

In his speech before withdrawing from the PDP primary, the former banker, Hayatu-Deen, said, “it is, therefore, based on personal principles and with great humility that I have decided, after wide consultation, to withdraw from this contest, which has been obscenely monetised.”

Okechukwu stated: “Albeit, our sister opposition political party has every constitutional right to elect whoever they want as their flag bearer; the Dollar rain is worrisome as noted by Mohammed Hayatu-Deen, who dubbed it obscenely monetised presidential primary.

“Sincerely, I congratulate His Excellency, Atiku Abubakar on his emergence from the opposition party primary. But, as a patriot and stakeholder in the Nigeria project, I am worried by PDP’s induced Dollar Rain, which led to unprecedented depreciation of the Naira.”

Therefore, Okechukwu called on President Buhari to consider the consensus option to be adopted in the APC presidential primary election to save the Naira.

He lamented the monumental harm PDP’s Dollar Rain did to the nation’s economy, saying “if that could happen in a party with about 731 delegates, imagine what will happen if APC with about 2, 322 delegates is allowed to indulge in Dollar Rain.”

https://dailypost.ng/2022/05/29/save-naira-from-obscene-dollar-monetised-presidential-primaries-okechukwu-begs-buhari/

This man called it then o. Atitku was alleged to have doled out as much as $20,000 and Wike as much as $10,000.

At least five delegates from both states told The Gazette in separate interviews Tuesday that they were offered American banknotes to support Mr Tinubu and Vice President Yemi Osinbajo. The delegate provided information under anonymity to avoid being accused of anti-party conduct that could carry severe disciplinary measures.

Whereas Mr Tinubu gave Ogun delegates $25,000 each to induce his acceptance as the party’s presidential flag-bearer tonight, Adamawa delegates said they received $10,000 each from Mr Tinubu’s surrogates. The delegates have converted on Abuja starting last week ahead of the primary scheduled to be held June 6-8.

“Ashiwaju’s people came here and they said we should support him because he has the best chance to defeat Atiku Abubakar,” a delegate told The Gazette. “Then they said they didn’t come empty-handed.”

Delegates from Ogun confirmed getting $25,000 from the former Lagos governor. They, however, said they rejected $5,000 from Vice President Yemi Osinbajo’s surrogates.

“The vice-president’s people initially said he didn’t have any money to give and advised everyone to vote their conscience,” a delegate said. “But suddenly they came back to say he wanted to give us $5,000 to support our transportation and hotel accommodation.”

The delegates admitted they rejected the money because it was smaller than what Mr Tinubu, perhaps the biggest contender for the ticket, had already offered. The delegates shared pictures of the cash gift they said came from Mr Tinubu with The Gazette.

At least one delegate claimed being shortchanged by Mr Tinubu’s surrogates.

“I don’t know what happened but they only gave me $9,000,” the politician said. “I am working now to get the balance from the person they sent to us.”

https://gazettengr.com/apc-convention-tinubu-pays-ogun-delegates-25000-adamawa-10000-delegates-reject-osinbajos-5000/

All of these and more happened before and during APC primary as well.

NB: Dollar to Naira was not more than N600 at black market rate when all these was happening o

CrystalTiger:
Buhari tenure mad abeg..

Men were withdrawing cash direct from CBN..

This Emefiele looks like Sambo Dasuki case all over again. All through Buhari's 8 years no court could pronounce Dasuki guilty and send him to jail .

DSS held him in detention for 4 years ! No conviction whatsoever till they released him in 2019. Then in 2022 after almost another 4 years of silence , EFCC re-arraigned him in court and till now we don't know the outcome of that case.

Na why I no dey excited or fazed by the media frenzy about this Emefiele case for now. We don watch similar film before

liveLongNprospa:


Whether it was stolen is not an issue.
But these guys want to paint a picture that everything was looted before them hence their incompetence.
Na the same propaganda monerozi5590 dey battle now against BAT supporters😂😂😂

You know that when there is a bank robbery, the amount of money declared as stolen is usually more than the actual because the people that go to verify will also collect their own.

Don't let Agbados drag you into this kind of argument as it is a diversion and cheap excuse from reality currently on ground

raumdeuter:


This is an article from 2009 way before APC that the House was investigating Obasanjo for 16bn for power project led by the house committee

The 16bn power issue has been known in public domain sine early Yar Adua days from 2007

What was the outcome of the probe?

Spy360:

You know that when there is a bank robbery, the amount of money declared as stolen is usually more than the actual because the people that go to verify will also collect their own.

Don't let Agbados drag you into this kind of argument as it is a diversion and cheap excuse from reality currently on ground

No let movies deceive u o, this is not what happens in real life . There are records of every cash that goes in and out of the bank . Na only cash wey depositors caught up in the robbery never lodge with cashier fit dey unaccounted for . Every record of cash will be accounted for in the investigation that follows a robbery incident .

Spy360:

What was the outcome of the probe?

Nothing just like every regime always had a bogey man from the previous regime who they will point at as the problem, who swallowed all the money, threaten to prosecute, but never do anything meaningful to him even though he is guilty

OBJ spent his entire regime pointing at everyone around Abacha from AL Mustapha to Sgt Rogers to Jerry Useni every week new expose detained Mustapha for ages at the end he was released as no count stuck on him yet Abacha wife dey there nothing he did to her even though she was first Lady, Diya Bamaiyi Abdulsalam and the military guys who ruled nothing touched them

Yar Adua regime it was at OBJs regime starting from denouncing INEC Iwu, to canceling almost every project OBJ had started including privatization to the 16bn power probe. As at today nothing has stuck OBJ has even started denying that he conducted the worst elections with no results to show 17yrs later or that 16bn for power is unaccounted for


Jonathan had his own bogeyman named Cabal. That was when the faceless and nameless cabals became the cause of every problem yet no one was mentioned specifically nor prosecuted to an end. Everything Cabal this Cabal that yet nothing concrete

Buhari had Dasuki and Diezani. You will think max 6weeks Dasuki and Diezani will be hanging or facing firing squad, today almost 10yrs later the duo have been pointed as reason for everything wrong in the country but no case actually stuck except to make newspapers rich from publishing new fancy story of theft

Tinubus regime it's Emefiele or Tunde Sabiu. They committed all these grievous crimes but I bet none would be rotated from court to court this time 2027 or 2031 we will still be selling newspapers with what emefiele and Sabiu did

If you notice all the people were proxies for the past administration and acting on orders of the previous president but because of the unwritten rule that you must protect the office of the president and never prosecute a former president we dance around the henchmen for years

It's either we probe or ignore all these useless Emefiele, Diezani Dasuki AlMustapha, Cabal story. I believe they stole the country blind but If you are not prosecuting them nor have the guts to follow through then I am not interested in tales by moonlight of one proxy or the other. No one from a civilian regime will ever be bold to punish a former president only a military rule will do that like Buhari 84

That's why I believe the country has no future when Tinubu spend 8yrs his own successor will point at Wike or Cardoso spend 8yrs dancing around passing blame without doing anything

Same way they are doing in America, Biden has blamed all Trump people jailed some of them yet cannot touch Trump for 4yrs until it's time for election and bringing up phoney charges when everyone knows the aim is to demarket Trump and ensure he doesn't win

If Trump drops out today or loses the election you can be assured that those cases will be adjourned till his death

Well we have chosen this type of democracy despite not having the resources to run it and we carry the cross

BlueRayDick:
https://www.nairaland.com/8001094/cant-fold-arms-again-nigerians



Sultan of Sokoto subtly telling Tinubu that they ( Traditional rulers ) are the ones holding the leash on the masses preventing total breakdown of law & order over the current hardship imposed by Tinubu's administration .

The Sultan is a hypocrite, I am sorry! Where was his voice when his brother Buhari was in charge and the country struggled with insecurity, kidnapping, double digit inflation, hunger, massive corruption and other economic woes? If he decides to unleash his people, let him go ahead but he must ensure they remain in the North, Patapata Asiwaju and APC should suffer the consequences during the next election cycle for failing the nation.

Didn’t Buhari take Asiwaju to visit with him? Where was his voice then? Now that Asiwaju has inevitably increased “shege” to “shege banza” for everyone , he has found his voice because a northerner is not in power? These people are part of our problem. Obvious issues like Illiteracy wasn’t a problem when Buhari was in power but immediately a southerner takes power, illiteracy and poverty in the north is important.

The North powered Asiwaju to the presidency, they should enjoy the consequences of that decision alongside the entire country. This recent noise coming from the North about their suffering should stop because it is not isolated and shouldn’t be the reason we should address the nonsense going on in the country.

BlueRayDick:


https://gazettengr.com/apc-convention-tinubu-pays-ogun-delegates-25000-adamawa-10000-delegates-reject-osinbajos-5000/

All of these and more happened before and during APC primary as well.

NB: Dollar to Naira was not more than N600 at black market rate when all these was happening o

Lmaooo.. When boys dey happily discuss am.
Them dey use am mock Obi say e nor fit compete.

The amount of dollars that was shared, God abeg😂😂.

Remember that PDP guy that was caught with fx during elections

Roland17:


The Sultan is a hypocrite, I am sorry! Where was his voice when his brother Buhari was in charge and the country struggled with insecurity, kidnapping, double digit inflation, hunger, massive corruption and other economic woes? If he decides to unleash his people, let him go ahead but he must ensure they remain in the North, Patapata Asiwaju and APC should suffer the consequences during the next election cycle for failing the nation.

Didn’t Buhari take Asiwaju to visit with him? Where was his voice then? Now that Asiwaju has inevitably increased “shege” to “shege banza” for everyone , he has found his voice because a northerner is not in power? These people are part of our problem. Obvious issues like Illiteracy wasn’t a problem when Buhari was in power but immediately a southern takes power, illiteracy and poverty in the north is important.

The North powered Asiwaju to the presidency, they should enjoy the consequences of that decision alongside the entire country.

God bless you

Spy360:

What was the outcome of the probe?

Lmaooo.. You dey see lamba.
So buhari could not jail anybody linked to that fictitious 16b dollars.

Something that CBN has confirmed that it wasn't up to the said 16bn dollars oo😭😭.

raumdeuter:


Nothing just like every regime always had a bogey man from the previous regime who they will point at as the problem, who swallowed all the money, threaten to prosecute, but never do anything meaningful to him even though he is guilty

OBJ spent his entire regime pointing at everyone around Abacha from AL Mustapha to Sgt Rogers to Jerry Useni every week new expose detained Mustapha for ages at the end he was released as no count stuck on him yet Abacha wife dey there nothing he did to her even though she was first Lady, Diya Bamaiyi Abdulsalam and the military guys who ruled nothing touched them

Yar Adua regime it was at OBJs regime starting from denouncing INEC Iwu, to canceling almost every project OBJ had started including privatization to the 16bn power probe. As at today nothing has stuck OBJ has even started denying that he conducted the worst elections with no results to show 17yrs later or that 16bn for power is unaccounted for


Jonathan had his own bogeyman named Cabal. That was when the faceless and nameless cabals became the cause of every problem yet no one was mentioned specifically nor prosecuted to an end. Everything Cabal this Cabal that yet nothing concrete

Buhari had Dasuki and Diezani. You will think max 6weeks Dasuki and Diezani will be hanging or facing firing squad, today almost 10yrs later the duo have been pointed as reason for everything wrong in the country but no case actually stuck except to make newspapers rich from publishing new fancy story of theft

Tinubus regime it's Emefiele or Tunde Sabiu. They committed all these grievous crimes but I bet none would be rotated from court to court this time 2027 or 2031 we will still be selling newspapers with what emefiele and Sabiu did

If you notice all the people were proxies for the past administration and acting on orders of the previous president but because of the unwritten rule that you must protect the office of the president and never prosecute a former president we dance around the henchmen for years

It's either we probe or ignore all these useless Emefiele, Diezani Dasuki AlMustapha, Cabal story. I believe they stole the country blind but If you are not prosecuting them nor have the guts to follow through then I am not interested in tales by moonlight of one proxy or the other. No one from a civilian regime will ever be bold to punish a former president only a military rule will do that like Buhari 84

That's why I believe the country has no future when Tinubu spend 8yrs his own successor will point at Wike or Cardoso spend 8yrs dancing around passing blame without doing anything

Same way they are doing in America, Biden has blamed all Trump people jailed some of them yet cannot touch Trump for 4yrs until it's time for election and bringing up phoney charges when everyone knows the aim is to demarket Trump and ensure he doesn't win

If Trump drops out today or loses the election you can be assured that those cases will be adjourned till his death

Well we have chosen this type of democracy despite not having the resources to run it and we carry the cross

I said the other day that Nigeria copied American kinda politics mot a mot, the Americans plays dirty politics, those people are very vocal and rascal in their politics and they have extremists in all factions ready to take the bullet and lead their supporters to hells gate..

But the difference is while America has all the money and power to leverage in after everything, Nigeria doesn't..
It's like the case of following your rich rough teenage friend to look for trouble, when you enter trouble, the rich guy will be bailed by his rich parents while you will be the scape goat because no one will come for you..

America can decide to print the dollar and dump it on the whole world, they have the industrial power and influence.. the politicians in Nigeria here don't think these true, they have been looting away our liquidity from time immemorial and now about to liquidate the country.. because the way am seeing it, this country is going FTX-esque kinda liquidation in no due time and nothing is going to save us

Our body go tell us...

Spy360:

You know that when there is a bank robbery, the amount of money declared as stolen is usually more than the actual because the people that go to verify will also collect their own.

Don't let Agbados drag you into this kind of argument as it is a diversion and cheap excuse from reality currently on ground

I understand this.
I don't have to argue as a diversion.
The person can see what is happening to their own family members and friends who either live in or have close ties to Nigeria.
Have you checked the recent price of AC?

When I was talking about certificates like nebosh being around 400k and one smallie was trying to argue as at ending of last year, well guess what!

Nebosh is now 530k😂😂

Realmrsean:
I said the other day that Nigeria copied American kinda politics mot a mot, the Americans plays dirty politics, those people are very vocal and rascal in their politics and they have extremists in all factions ready to take the bullet and lead their supporters to hells gate..

But the difference is while America has all the money and power to leverage in after everything, Nigeria doesn't..
It's like the case of following your rich rough teenage friend to look for trouble, when you enter trouble, the rich guy will be bailed by his rich parents while you will be the scape goat because no one will come for you..

America can decide to print the dollar and dump it on the whole world, they have the industrial power and influence.. the politicians in Nigeria here don't think these true, they have been looting away our liquidity from time immemorial and now about to liquidate the country.. because the way am seeing it, this country is going FTX-esque kinda liquidation in no due time and nothing is going to save us

Our body go tell us...

Please we didn't copy America's type of politics.
Coz if we did, our way of life would have been alot better by now.
Institutions are alot stronger in the US than Nigeria.
You have state governors who can go against a president with laws backing them.
The constitution of America is light years ahead of ours.

I might not know much but I know the founding fathers had their shit together when drafting that shit unlike our own constitution.
Is America perfect, hell no. But our politics are not the same.
Politics goes beyond "vote for me!!"

Roland17:


The Sultan is a hypocrite, I am sorry! Where was his voice when his brother Buhari was in charge and the country struggled with insecurity, kidnapping, double digit inflation, hunger, massive corruption and other economic woes? If he decides to unleash his people, let him go ahead but he must ensure they remain in the North, Patapata Asiwaju and APC should suffer the consequences during the next election cycle for failing the nation.

Didn’t Buhari take Asiwaju to visit with him? Where was his voice then? Now that Asiwaju has inevitably increased “shege” to “shege banza” for everyone , he has found his voice because a northerner is not in power? These people are part of our problem. Obvious issues like Illiteracy wasn’t a problem when Buhari was in power but immediately a southerner takes power, illiteracy and poverty in the north is important.

The North powered Asiwaju to the presidency, they should enjoy the consequences of that decision alongside the entire country. This recent noise coming from the North about their suffering should stop because it is not isolated and shouldn’t be the reason we should address the nonsense going on in the country.

Yes the Sultan is a hypocrite no doubt! He chose to keep quite while his brother was there and was even ecstatic about Buhari handing over to Tinubu.

But do u know what else the Sultan is ? He is better than our southern brothers who are educated (some to postgraduate level sef), who could obviously see evidences of Buhari's misrule happening right before our eyes; yet they sang his praises to high heavens and justify every mis-step he made for 8 good years. The same people jumped onto the ship of Tinubu almost immediately he declared for presidency and continued their paid or unpaid(as the case may be) service of hyping the next disaster-in-waiting in the person of Tinubu.

Even as matter cast dem don dey talk of 2027 when nobody even know whether the country will survive this current year as one with the present turmoil we find ourselves in

U don't need to look far, u will see them around.

liveLongNprospa:


Lmaooo.. When boys dey happily discuss am.
Them dey use am mock Obi say e nor fit compete.

The amount of dollars that was shared, God abeg😂😂.

Remember that PDP guy that was caught with fx during elections

Everything was a cruise until it no longer is. The reality don hit all of us in the face now

BlueRayDick:


Yes the Sultan is a hypocrite no doubt! He chose to keep quite while his brother was there and was even ecstatic about Buhari handing over to Tinubu.

But do u know what else the Sultan is ? He is better than our southern brothers who are educated (some to postgraduate level sef), who could obviously see evidences of Buhari's misrule happening right before our eyes; yet they sang his praises to high heavens and justify every mis-step he made for 8 good years. The same people jumped onto the ship of Tinubu almost immediately he declared for presidency and continued their paid or unpaid(as the case may be) service of hyping the next disaster-in-waiting in the person of Tinubu.

Even as matter cast dem don dey talk of 2027 when nobody even know whether the country will survive this current year as one with the present turmoil we find ourselves in

U don't need to look far, u will see them around.

Remember when tinubu himself defended the herdsmen killing😂😂😂.

Asking where are the cows or so

BlueRayDick:


Everything was a cruise until it no longer is. The reality don hit all of us in the face now

Politics na your mate?
We dey see am now say nor be anybody mate.

The man wey dem mock say nor fit compete has just donated another 20m yesterday to nurses 😁

liveLongNprospa:


Remember when tinubu himself defended the herdsmen killing😂😂😂.

Asking where are the cows or so

I mentioned it here during the campaign season when people were trying to separate Tinubu from Buhari's government that Tinubu himself has always commended Buhari's steps all through his presidency.

I even shared screenshots of the glowing words Tinubu used to describe Buhari each year the latter celebrates his birthday. Even Itse Sagay wey dey serve under Buhari government dey criticize Buhari's administration steadily, but did Tinubu? NO!

BlueRayDick:
https://www.nairaland.com/8001094/cant-fold-arms-again-nigerians



Sultan of Sokoto subtly telling Tinubu that they ( Traditional rulers ) are the ones holding the leash on the masses preventing total breakdown of law & order over the current hardship imposed by Tinubu's administration .

They should protest on their own. We aren't interested.

BlueRayDick:


https://dailypost.ng/2022/05/29/save-naira-from-obscene-dollar-monetised-presidential-primaries-okechukwu-begs-buhari/

This man called it then o. Atitku was alleged to have doled out as much as $20,000 and Wike as much as $10,000.

Isn't this what I said like twice on different occasions here?

Our fx crisis started from presidential primaries were the big wigs were doling out dollas to bribe delegates.

BlueRayDick:


https://gazettengr.com/apc-convention-tinubu-pays-ogun-delegates-25000-adamawa-10000-delegates-reject-osinbajos-5000/

All of these and more happened before and during APC primary as well.

NB: Dollar to Naira was not more than N600 at black market rate when all these was happening o

I'm not sure it was upto 500 then. I think it went from 400 to 500 during the primaries....then rumors started circulating that it will soon hit 700 in the parallel market. It didn't take long to come to pass.

Emaprince:
Isn't this what I said like twice on different occasions here?

Our fx crisis started from presidential primaries were the big wigs were doling out dollas to bribe delegates.

Na there e start my brother.

Roland17:


The Sultan is a hypocrite, I am sorry! Where was his voice when his brother Buhari was in charge and the country struggled with insecurity, kidnapping, double digit inflation, hunger, massive corruption and other economic woes? If he decides to unleash his people, let him go ahead but he must ensure they remain in the North, Patapata Asiwaju and APC should suffer the consequences during the next election cycle for failing the nation.

Didn’t Buhari take Asiwaju to visit with him? Where was his voice then? Now that Asiwaju has inevitably increased “shege” to “shege banza” for everyone , he has found his voice because a northerner is not in power? These people are part of our problem. Obvious issues like Illiteracy wasn’t a problem when Buhari was in power but immediately a southerner takes power, illiteracy and poverty in the north is important.

The North powered Asiwaju to the presidency, they should enjoy the consequences of that decision alongside the entire country. This recent noise coming from the North about their suffering should stop because it is not isolated and shouldn’t be the reason we should address the nonsense going on in the country.

Well said (written) chief 👍, let him unleash his people and get dealt with by DSS.....

Tomorrow BAT will come out to ask investors to come to Nigeria..

APC and everyone associated with them are so shameless.. We're constantly hitting deeper lows with these foolish lot and their minions..

izzou:
Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time! Let's give Tinubu time!
Repeat this thrice a day, and you'll see Nigeria differently.

Go sultan palace go tell am

CrystalTiger:
Tomorrow BAT will come out to ask investors to come to Nigeria..

APC and everyone associated with them are so shameless.. We're constantly hitting deeper lows with these foolish lot and their minions..

Lmaooo.. You forged the President's signature.

All these things to protect buhari 😂😂

liveLongNprospa:


Lmaooo.. You forged the President's signature.

All these things to protect buhari 😂😂

The thing is annoying AF...A national disgrace like this to just protect an extremely corrupt incompetent fellow..

izzou:
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!
Let's give Tinubu time!

Repeat this thrice a day, and you'll see Nigeria differently.

We only need his brain and not his body

Aturitoroman:

We only need his brain and not his body

I cannot get over this statement.

Time for CBN to release more circulars.