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New ‘Reformed APC’ Emerges from Ruling Party

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A faction of the ruling All Progressives Congress, believed to be backed by senior government officials pushing to challenge President Muhammadu Buhari in 2019, has announced the formation of a new party bloc.

The group said it is now the “Reformed APC”, and the “authentic” faction of the party.

It said at a press conference Wednesday that all members of the so-called nPDP, and defunct CPC, ANPP and ACN, are members of the new bloc.

The press conference was addressed by Buba Galadinma, a former secretary of the Congress for Progressive Change (CPC), Mr Buhari’s former party; and a former minister and nPDP leader, Kawu Baraje.

Mr Galadinma said the group took the decision because APC had disappointed Nigerians especially in not being able to tackle continuing killings across the country.

He also said the party’s recent national congress was not democratically conducted, and accused the Buhari administration of “inconsistent” anti-corruption campaign.

“The Reformed All Progressive Congress, RAPC, national executive committee is constituted. We are assembled to address you on the state of our party, APC, the state of the nation and above all the constitutional democracy of Nigeria. I am standing here before you as the chairman of RAPC. You will recall that in 2015 general election some political parties came together to form a brand new political party called APC. This merger was based on the strong belief that Nigeria had come of age that it was severely under-performing and incapable to meet the potentials of good governance,” Mr Galadinma said.

“The Nigerian people gave power to APC based on its promises and potentials. We are sad to inform that after more than three years of governance, our expectations (have been) completely dashed. The APC has run a ruthless and incompetent government that has failed to deliver good governance to the people. It has rather imposed dictatorship, impunity, abuse of power, complete application of constitutional and statutory responsibilities, impunity in the rule of law and constitutionality. It has failed to ensure the security and welfare of Nigerian and elevated nepotism to secondary height.”

Arrowheads of the nPDP include Senate President Bukola Saraki and Speaker of the House of Representatives Yakubu Dogara, and a former governor of Kano State, Rabiu Kwankwaso.

Saraki, Dogara and Kwankwaso did not attend the news conference.

The announcement of the formation of the “Reformed APC” is said to be the first step in what would lead to a coalition of political parties and interests, to challenge Buhari.

The faction, comprising some former governors and ranking lawmakers, has been in a tug of war with the APC government.

Some of the nPDP members, including Mr Saraki, former Adamawa governor, Murtala Nyako, and a senator, Dino Melaye, are facing corruption and other charges.

A number of the faction’s chieftains also complained about being left in the cold during the party’s congresses that took place between May and June this year.

“There have been discussions and a memorandum of understanding drafted among the interest blocs that would take care of everyone’s interest going into the PDP,” source said.

According to the source, those going into the new alliance include the Social Democratic Party (SDP) and the African Democratic Congress (ADC), believed to be backed by former President Olusegun Obasanjo.

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Ghana: Mahama Wins Reelection, Oppositon Candidate Concedes Defeat

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Ghana’s former President John Dramani Mahama has staged a political comeback by winning the West African nation’s presidential election after his rival, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
Addressing a press conference from his residence, Bawumia said he had called Mahama to congratulate him, adding that Mahama’s National Democratic Congress (NDC) also won the parliamentary election.
“Let me say that the data from our own internal collation of the election results indicate that former President John Dramani Mahama has won the Presidential election decisively,” Bawumia said.
“The NDC has also won the parliamentary election. Even though we await final collation of a number of seats, I believe ultimately these will not change the outcome.”
Bawumia said he conceded before the official results to ease tensions.
Before his concession, scuffles had been reported in several local constituency centres where results were still arriving from polling stations.
“I am making this concession speech before the official announcement by the Electoral Commission to avoid further tension and preserve the peace of our country,” Bawumia said.
“It is important that the world investor community continues to believe in the peaceful and democratic character of Ghana,” he added. “The people have voted for change at this time, and we respect that decision with all humility.”
Source: Reuters.com
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UBA Foundation Kicks Off Festive Season with Spectacular Garden Light-Up

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The United Bank for Africa (UBA), through its Corporate Social Responsibility arm, the UBA Foundation, held its annual Garden Light-Up ceremony on Monday at its head office in Lagos.

The event marked the start of the festive season with a spectacular display of lights, fireworks, and music, bringing together staff, customers, and well-wishers in a celebration of unity and gratitude.

The Garden Light-Up, a cherished tradition, reflects UBA’s commitment to spreading joy and fostering a sense of community. Speaking at the event, UBA Group Managing Director/CEO Oliver Alawuba highlighted the bank’s dedication to creating memorable experiences and expressed appreciation for the efforts of staff and customers during a challenging year.

“As we approach Christmas, a time of love, we remember the spirit of giving and community,” Alawuba said. “This ceremony symbolizes hope for the future and the goodness it brings into people’s lives. I encourage everyone to spread kindness and light as we celebrate together.”

The ceremony also marked UBA’s 75th anniversary, with Alawuba emphasizing the bank’s commitment to building a lasting heritage. Guests enjoyed Christmas carols performed by the UBA Customer Fulfilment Centre choir and a guided tour of the UBA Foundation gardens at Lagos Marina.

In addition to the festivities, the UBA Foundation reaffirmed its commitment to sustainable development through initiatives that focus on education, environmental conservation, economic empowerment, and community welfare. As part of its corporate social responsibility, the Foundation will provide meals to tens of thousands of people across Africa during the holiday season.

The event ended with fireworks, leaving attendees inspired and excited for the season of giving.

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My Economic Policies Harsh, But Yielding Results, Tinubu Insists

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President Bola Tinubu has, for the umpteenth time, insisted that the economic policies that he initiated on assumption of office are now yielding the desired results.

Tinubu, who acknowledged that the policies are harsh on the people, stated that the decision became imperative in order to salvage the country from the crises facing it.

Speaking during the 34th and 35th convocation ceremonies of the Federal University of Technology, Akure, FUTA, the President, who was represented by the Vice Chancellor of the University of Ilorin, Prof. Wahab Egbewole, stated that Nigeria is now moving from consumption to production economy.

While calling for the people’s understanding and support, he maintained that his administration is open to criticisms and admiration.

The President said: “The need to salvage the future of our children and bring the country back from the brink of collapse necessitated the strategic decisions to remove the fuel subsidy and also unify the exchange rates.

“I am not unaware of the consequences of the tough decisions on our people. I sincerely wish there could be softer options.

“The macro-economy of our dear country is improving by the day and beyond expectations. The micro-economy, which directly affects our citizens, is also taking shape gradually with positive results.

“By the grace of the Almighty God, every household will experience a better life and have brighter hope for the future.

“We are working hard to ensure the safety of every Nigerian in every part of the country. Our security architecture is up to the task, and the ugly narratives of the past are changing for good. Also, we are not relenting in our pursuit of making our country a haven of prosperity for all.”

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