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$496m Withdrawal: Senators Call for Buhari’s Impeachment

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For not seeking National Assembly’s approval before withdrawing $496million used for the purchase of aircraft from the United States, some senators have called for President Muhammadu Buhari’s impeachment.

Section 143 of the Nigerian constitution provides for the removal of the president from office.

Moving a motion on the issue on Thursday, Matthew Uroghide, Edo State, said President Buhari’s move was a violation of the constitution and thus, he should face the consequences.

He prayed the Senate to invoke Section 143 to start the impeachment process of the president.

Seconding the motion, Chukwuka Utazi spoke in support of the move.

“This is an impeachable offence,” an obviously angry Mr Utazi, said.

President Buhari had said he gave approval for the withdrawal of the fund because he believed the National Assembly would have no objection to his action.

His explanation was conveyed in a letter read at the Senate on Wednesday. A copy of the letter had earlier been sent to the House of Representatives.

Mr Buhari explained the processes that led to the approval.

“I wish to draw the attention of the Senate to the ongoing security emergencies in the nation. These challenges were discussed with the state governors and subsequently at the meeting ot the National Economic Council on the 14th of December 2017 where a resolution was passed with the council approving that up to $1 billion may be released and utilised from the Excess Crude Account to address the situation.”

More senators are currently speaking on the issue in plenary.

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US Polls: Tinubu, UK PM Starmer Congratulate Trump

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President Bola Tinubu has extended his heartfelt congratulations to President Donald Trump on his re-election as the 47th President of the United States of America.

A statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga on Wednesday, said President Tinubu looks forward to strengthening the relations between Nigeria and the United States amid the complex challenges and opportunities of the contemporary world.

Donald Trump claimed victory on Wednesday and pledged to “heal” the country as results put him on the verge of beating Kamala Harris in a stunning White House comeback.

President Tinubu said: “Together, we can foster economic cooperation, promote peace, and address global challenges that affect our citizens.”

According to President Tinubu, Trump’s victory reflects the trust and confidence the American people have placed in his leadership. He congratulates them on their commitment to democracy.

President Tinubu believes that, given President Trump’s experience as the 45th president of the United States from 2017 to 2021, his return to the White House as the 47th president will usher in an era of earnest, beneficial, and reciprocal economic and development partnerships between Africa and the United States.

Acknowledging the United States’ influence, power, and position in determining the trend and course of global events, the Nigerian leader trusts that President Trump will bring the world closer to peace and prosperity.

Meanwhile, the British Prime Minister, Keir Starmer, has congratulated Donald Trump on his “historic election victory”, adding that the UK-US special relationship would “continue to prosper”.

“As the closest of allies, we stand shoulder to shoulder in defence of our shared values of freedom, democracy and enterprise. From growth and security to innovation and tech, I know that the UK-US special relationship will continue to prosper on both sides of the Atlantic for years to come,” he said.

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Just in: Chief of Army Staff, Taoreed Lagbaja is Dead

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The Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, is dead.

Lagbaja died after battling an undisclosed ailment. He was 56 years of age.

He was appointed COAS by President Bola Tinubu on June 19, 2023.

On October 20, the army dismissed rumours that Lagbaja had passed on, adding that the army chief was undergoing medical treatment abroad.

On October 30, Tinubu appointed Olufemi Oluyede as the acting COAS.

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Again, Atiku Addresses Nigerians, Insists Tinubu’s Devoid of Coherent Plan, a Novice

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Former Vice President of Nigeria, Alhaji Atiku Abubakar, has again written on the woes of the President Bola Tinubu-led administration, saying the president is bereft of coherent plan to run the nation.

The Waziri Adamawa made this position, and made others known in a statement he personally signed. He noted that from every decision Tinubu has taken since Assumption of Office, it’s obvious that he is a novice.

The former Vice President wrote:

I have taken note of the initial responses highlighting the striking disparity between President Tinubu’s faltering economic policies and the alternatives I have proposed. It is exciting to witness such a vigorous debate on these critical matters, and I sincerely hope that this discourse will ultimately benefit Nigeria and its citizens.

Like many fellow Nigerians, I firmly believe that we find ourselves in this current economic turmoil due to the Tinubu administration’s hasty ascent to power, devoid of a coherent plan.

In stark contrast, my team not only devised a comprehensive Recovery Plan, but also welcomed significant input from Nigerians, ensuring that our approach was inclusive and well-considered.

Isn’t it fascinating how the so-called “tested” Tinubu administration’s only policy response seems to be a national prayer led by the First Lady and the NSA? Just a mere 24 hours after I proposed my alternative solutions! What a bold strategy! 🤣

In my humble interpretation of the scriptures, prayer indeed serves as a noble path to follow. However, the sacred texts also counsel us to engage in diligent labour and hard work.

It is therefore uncharitable for Tinubu’s team to claim that my proposals remain untested. What remains unproven is the erratic, trial-and-error nature of the policies so far implemented by this administration, which elucidates our present predicament.

Let us not forget that under our economic stewardship between 1999-2003, Nigeria soared to the pinnacle of Africa’s economies, while their administration has relegated us to a disheartening fourth position.

The average GDP rate under the Obasanjo administration that I served in was 6.59% and peaked at 15% in 2002; 7.98% under the late Yar’Adua administration and 4.8% under Jonathan compared to the dismal 2.8% of the so-called “tested” Tinubu era. Enough of the pains of the shambolic “bolekaja” economic policy prescriptions!

We cannot hope to tax our way out of the economic quagmire wrought by these misguided experimental policies of a novice administration. Numerous nations, such as the United Arab Emirates, Qatar, and Monaco (an EU territory with a zero-income tax policy), among many others, have emerged as economic powerhouses by fostering growth through lower taxation. Why then are we fixated on inflicting further hardship upon an already struggling populace?

One can only speculate that Tinubu’s government is anchored to a mere Tea-plan, which can only lead to a T-pain.

Furthermore, let me emphasize that the citizens who cast their votes in the 2023 presidential election are well aware that I did not lose; rather, we find ourselves in this predicament because the election was criminally stolen from the Nigerian people.

Atiku Abubakar
Vice President of Nigeria (1999-2007) and Presidential Candidate of the Peoples Democratic Party (2023)
Abuja
4th November, 2024.

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