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Reforms: Atiku asks Tinubu to learn from Argentina, says ‘willing’ to discuss with govt

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Former Vice President has called on President Bola Tinubu to learn some lessons from the approach to reforms adopted by President Javier Milei of Argentina.

Atiku said this in a press release Sunday, noting that “President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria’s.

“But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.”

Significantly, Atiku said the Argentina’s approach is similar to his reform agenda, adding, “I am more than willing to disclose details of its workings with the current government in order to take Nigeria out of the depth of hunger and anger”.

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The full text of the former vice president’s statement titled: Argentina’s Javier Milei approach to reforms should serve as a lesson for Tinubu, says, “I read a recent report in Reuters titled: Argentina’s market double down on Milei as investors ‘start to believe’.

“I took a keen interest in reading the report because I know quite well that Argentina and Nigeria closed the last quarter of the year 2023 on a similar path of economic downturn.

“In the case of Nigeria, a new government was installed at or about the middle of 2023, for Argentina, the new government came on board in December.

“Both leaders inherited a disoriented economy, but both applied different measures to recovery.

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Atiku continued, “President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria’s.

“But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.

“Nigeria is where we are today simply because of what Tinubu has done or did not do.

Atiku noted that “His shifting the blame on the opposition and, even ridiculously, his predecessor is needless and myopic. Market forces don’t play politics. They respond to your actions and inactions.

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He recalled that , “President Milei’s major campaign promise was to reposition the Argentine economy after years of slow growth, high debt levels, triple-digit inflation (160% when he took over the Presidency in December 2023) and 40% poverty rate.

“His first task was to begin implementing measures to achieve greater macroeconomic stability and promote higher global competitiveness.

“He came into the office with a comprehensive stabilization plan, which seeks to implement far-reaching measures within the context of a market-oriented economy.

“He started off cutting government expenditure by cutting the size of government and wastages; blocked stealing of government funds, and attracted Foreign Direct Investment (FDI) through concessions, tax holidays, and improved ease of doing business.

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“President Milei flies regular business class for all his travels and does not offer the presidential fleet of Argentina for his son’s birthday.

“Likewise, there is no settlement for his hangers-on and political allies through unwieldy and burdensome appointments to public offices.

“Argentina’s Milei did not build the largest government like Tinubu did at a time when our economy was and still on its knees.

“The examples set by President Milei are the requirement of leadership in a time when the economy has begun to fail the expectations of the people.

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“The reforms so far implemented by the Tinubu administration are ad hoc and hurriedly put together without proper review. Ours is unlike Argentina’s Milei, who is sequencing his reforms.

“President Milei anticipates the after-reform shocks and admits that things will be tough for the people. But he is fully prepared for the aftershocks and has in place mitigating pills.

“He walks the talk. He makes sacrifices himself by giving up perks of office.

“It is not business-as-usual for the presidency while the people are called upon to make sacrifices.

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“Argentina runs a lean government by reducing the number of ministries, privatizing nearly 40 state-owned enterprises, and reducing wasteful spending.

“Conversely, Tinubu in Nigeria increased the number of ministers and ministries and is spending enormous resources renovating houses for himself, his deputy, and the first lady.

“That is nothing short of Nero playing fiddle while Rome is on fire!

“Worse still, Tinubu has refused to roll up his sleeves and do the work that he signed up for. Instead, he and his team are preoccupied with behaving like Napoleon and Squealer, characters in the satire book Animal Farm, who made it a state policy scapegoating Snowball (the opposition) for their own failures arising from their ill-advised policies.

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“I am attracted to the reforms in Argentina because Javier Milei’s stabilization plan bears a similar emblem with my Recover Nigeria Plan.

“It is a plan that I am more than willing to disclose details of its workings with the current government in order to take Nigeria out of the depth of hunger and anger that we find ourselves in.

“The plan includes strategic steps we must take to recover the economy and make it stronger, dynamic, resilient, and competitive.

“We had outlined plans to relax the fiscal constraints facing us to include:

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Improving Spending Efficiency and Blocking Leakages

Saving money through:
a. A review of fiscal support for non-performing government enterprises and the privatization of those that can not sustain themselves.

b. Steps to improve spending efficiency through a gradual reduction in government recurrent expenditures, ensuring that those expenditures reflect higher levels of service delivery. Over the medium term, recurrent expenditures should not exceed 45% of the budget.

c. A review of government procurement processes to ensure high levels of transparency, competitiveness, and value-for-money and eliminate all leakages.

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“Unless, and until there are clear-cut policies and pathway to economic rejuvenation predicated on a leadership led sacrifice, there will be discontentment, especially among the youths, which may find expression in protests and for which it will be silly to continue to blame the opposition for.”

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Ex-aspirant sues APC, demands N10m nomination form refund

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A former aspirant for the position of the All Progressives Congress Deputy National Chairman (North), Sunny Moniedafe, has sued the ruling party, demanding the refund of the N10m he paid for the Nomination Form in 2022.

Moniedafe filed the suit before the Federal Capital Territory High Court in Abuja.

The case, which was scheduled for hearing on Tuesday, was, however, stalled due to the absence of the presiding judge, Justice Yusuf Halilu.

In the suit, marked FCT/HC/CV/2434/2024, Moniedafe explained that ahead of the March 26, 2022 National Convention of the APC, he picked up the N10m Nomination Form to contest the position of the APC Deputy National Chairman (North).

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He explained that during the convention, the party’s leadership, under then-President Muhammadu Buhari, urged aspirants to step down, as the position of Deputy National Chairman had been agreed to go to someone from Borno State in the North-East geopolitical zone.

According to Moniedafe, ahead of the party’s convention, leadership agreed on a consensus candidate and urged other aspirants to step down, while ex-President Muhammadu Buhari directed that the aspirants who stepped down should be refunded with N10m.

However, he stated: “Disappointingly, the leadership of the defendant (APC) reneged on its promise and blatantly refused, failed, and neglected to refund the said N10m from March 2022 to the time of filing this case, despite repeated demands by me.”

He added that several letters were sent to key APC officials and leaders, including Buhari, former Chief of Staff, Prof. Ibrahim Gambari, President Bola Tinubu, and former Senate, President Ahmad Lawan, among others.

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Moniedafe said despite these efforts, the letters—along with reminders about the refund— failed to produce the desired outcome.

He emphasised that at all material times concerning the directive, former President Buhari was regarded as the leader of the APC.

On this basis, Moniedafe sought reliefs, including an order directing the APC to refund N10m to him within seven clear days after the judgment, a fine of N100m as general damages for expenses incurred while campaigning for the position in 2022, and any further orders the court may deem fit and appropriate under the circumstances.

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Edo Guber Election Petition Tribunal to Reconvene Tomorrow

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The ongoing legal battle regarding the September 21st governorship election in Edo State, the state’s election petition tribunal convened on Saturday, January 18, 2025, to consider the petition filed by Ighodalo Akintunde Asuelimen of the Peoples Democratic Party (PDP).

Asuelimen is challenging the election victory of Senator Monday Okpebholo of the All Progressives Congress (APC).

The tribunal, operating under petition number EPT/ED/GOV/02/2024, is tasked with reviewing the claims brought against the Independent National Electoral Commission (INEC) and other respondents involved in the contentious election process.

During the proceedings, the tribunal provisionally admitted a plethora of documents submitted by the petitioners, a step viewed as crucial in validating their claims.

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Counsel for the petitioners outlined the verification process undertaken by all parties prior to the submission of diverse documents as evidence, despite facing objections from the opposing respondents. These objections were noted, with the respondents opting to reserve their arguments for the final written addresses, indicating a protracted legal battle ahead.

The tribunal’s provisional admission of these extensive documents is one step for the petitioners, albeit with the understanding that further conditions may be imposed before these documents are fully accepted as part of the case record. The evidence presented included a total of over 70 exhibits from various local government areas, along with multiple forms and booklets that are critical to substantiating the petitioners’ claims.

Among the documents provisionally admitted were:
1. Certified True Copies (CTCs) of Forms EC8B from various wards across Akoko Edo, Egor, Esan Central, Esan North East, and Esan South East.
2. Forms EC8EL and EC8D, marked as Exhibits PA1 and PA2.
3. CTCs of Form EC8D from 18 polling units, designated as Exhibits PA3-PA20.
4. An extensive array of 320 copies of polling unit forms EC8A, admitted as Exhibit PCA1-PCA320.
5. 58 CTCs of Form EC8A obtained from INEC’s IREV portal, marked as Exhibits BDA1-BDA58.
6. 308 CTC polling unit booklets containing Form BC25B, noted as Exhibits PCB1-PCB308.

The atmosphere at the tribunal on Saturday was notably charged, with heightened security measures in place as armed Police and other security operatives ensured a secure environment, reflecting the increasing tensions surrounding the tribunal’s sessions leading up to this point.

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The extended hearing on Saturday was indicative of the tribunal’s commitment to thoroughly addressing the substantial evidential submissions made by Ighodalo Akintunde Asuelimen and his legal team.

Following the extensive examination of the documents, the tribunal adjourned, scheduling its next session for Monday, January 20, 2025.

This upcoming session promises to be pivotal as the tribunal continues to navigate the complexities of the case and the implications it holds for the political landscape of Edo State.

All eyes will be on the tribunal as it picks up where it left off, amidst a charged atmosphere and a community eager for resolution.

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Just in: Senator Nwoko reportedly dumps PDP for APC

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Senator Ned Nwoko has announced his defection from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC).

The move, confirmed through reliable sources, has sparked discussions within political circles about its potential implications for the 2027 elections.

According to reports, Senator Nwoko’s decision to join the APC is influenced by speculation that former Delta State Governor Ifeanyi Okowa is eyeing a Senate seat in the next electoral cycle.

This development is said to have prompted the senator to reconsider his political alliances, aligning with a party that may better support his future ambitions.

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Senator Nwoko, who has been a prominent figure in Delta State politics and a key member of the PDP, is known for his strong advocacy for developmental projects and his stance on national unity.

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