Headline

Edo Decides: The Battle of Godfathers

Published

2 months ago

September 21, 2024

Eric

By Eric Elezuo

The countdown to the Edo State governorship election winds down, today, September 21, 2024 with 18 candidates slugging it out with one for another in the race to occupy Osadebe House, home of the executive governor of the state.

Much as there are 18 candidates on the ballot paper, observers as well as stakeholders, have narrowed the contest to three main candidates vis a vis Asue Ighodalo of the Peoples Democratic Party (PDP), Olumide Akpata of the Labour Party (LP) and Monday Okpebholo of the All Progressives Congress (APC).

But even as these candidates are the ones that have their names on the ballot papers, popular opinion across board believe that they are just pawns being controlled by specific godfathers, who are at the sides pulling the strings of support either financially, mobilization or public relations. Consequently, the election has been termed a battle of godfathers behind the scene rather than a game of popularity among contestants.

For the governing PDP candidate, Ighodalo, the accepted norm among political stakeholders has remained that he is an extension of the outgoing governor, Mr. Godwin Obaseki, who eight years tenure ends on November 12. On the same hand, there is the Adams Oshiomhole factor, solidly pushing the candidacy of Okpebholo, a serving Senator of the Federal Republic of Nigeria.

However, while many are of the opinion that the Labour Party candidate, Barr Olumide Akpata, is a standalone candidate, with no particular pressure of godfatherism, many others say he is not alone, but is also being pushed by a godfathers they recognized as Mr. Peter Obi, the LP presidential candidate in the 2023 general election. Peter Obi, who represents the face of a new Nigeria among the youths, has featured prominently in most of Akpata’s campaign.

But for the two major godfathers, Obaseki and Oshiomhole, between whom there’s no love lost, the campaign season had been replete with mudslinging, verbal attacks and on few occasions, physical attacks. These issues have put a question mark to the decency expected as the elections kick off.

The attacks and no love status so far experienced led to the PDP’s refusal to participate in the peace accord signing ceremony, where other contesting political parties including the APC, signed.

The PDP queried the rationale behind the harassment of its members with security agencies, saying that if it did not stop, and if the Special Forces forced on Edo is not to be withdrawn, they will not sign the accord. And they did not.

“We already have a very effective state police command, so why bring in these Special Forces to Edo to harass people,” a party chieftain, Emmanuel Odigie, who defected from APC said.

But this is not the first time Obaseki will Square up against Oshiomhole, who ordinarily, was his political godfather. Both met on the tuff of political exigency in 2020 while Obaseki was seeking a second term and Oshiomhole was supporting Osagie Ize-Iyamu. This present contest is a return or episode of the events that transpiref in 2020. Even if Peter Obi was a godfather in the present disposition, he is yet to get into any shouting match with the other godfathers or contestants.

Obaseki has described the election as do or die, but observers believe it goes beyond that as it is winner takes it all considering the extent of animosity brewing among the contestants. It will be recalled that 24 hours to the election, the three candidates suffered particular setbacks. While it was said that the candidate of the APC, Monday Okpebholo had been disqualified by the courts, it was also rumored that Akpata has withdrawn from the election.

On the other, political thugs allegedly loyal to Ighodalo and the PDP were apprehended with dangerous weapons. A statement by the Force Public Relations Officer, Olumuyiwa Adejobi, said they were getting ready to violently disrupt the Saturday election.

THE CANDIDATES

According to a ThisDay report, the election in Edo is described as a three horse race involving Ighodalo, Akpata and Okpebholo. These three are reported to have the highest of followership and has been prominent and visible in the campaigns.

The supporters of the candidates agree that they are not all equally matched, but that each has a comparative advantage his opponents lack.

Consider of review of their profile as portrayed by Wikipedia:

ASUE IGHODALO (PDP)

Asue Ighodalo is a product of King’s College, Lagos. He obtained B.Sc degree in Economics from the University of Ibadan in 1981, an LL.B from the London School of Economics and Political Science (1984) and a B.L from the Nigerian Law School, Lagos (1985).

Upon graduation from Nigerian Law School, Lagos, Ighodalo worked as an Associate in the law firm of Chris Ogunbanjo & Co between 1985 and 1991, and in 1991 he set up Banwo & Ighodalo, in partnership with Femi Olubanwo. The firm is consistently ranked as a leading Nigerian law firm in the areas of Capital Markets, Securities, Mergers & Acquisitions. Ighodalo’s core areas of practice include Corporate Finance, Capital Markets, Energy; Natural Resources, Mergers; Acquisitions, Banking, Securitization and Project Finance.In 2014, Ighodalo successfully advised Zenith Bank Plc in connection with a US$500 million eurobond issuance and Diamond Bank Plc in connection with a US$200 million eurobond issuance respectively.

He resigned from all corporate positions he held to aspire to become the governor of Edo State.

On February 22, 2024, Ighodalo emerged as the People’s Democratic Party (PDP) candidate for the 2024 Edo State governorship election. However, a Federal High Court sitting in Abuja nullified election on the ground that 378 delegates who were to vote during primary election were unlawfully denied their rights to vote.

His candidacy was eventually upheld by the Federal High Court in Abuja, which confirmed Ighodalo as the legitimately nominated governorship candidate of the PDP in Edo State, and dismissed the lawsuit challenging his nomination.

Ighodalo was the Chairman of the Board of Directors for Sterling Bank Plc, Dangote Flour Mills Plc and The Nigerian Economic Summit Group (NESG). He also sat on the boards of other public and private companies, non-governmental organizations (NGOs) and a statutory body including Okomu Oil Palm Company Plc, the Nigeria Sovereign Investment Authority (NSIA) and the FATE Foundation (an NGO committed to the development of entrepreneurs in Nigeria).

Ighodalo became the Chairman of Sterling Bank in August 2014. He is a member of Nigerian Bar Association (NBA), and is a past chairman of The NBA – Section on Business Law (NBA SBL). He is also a member of Association of International Petroleum Negotiators (AIPN), USA, Nigerian Economic Summit Group, International Bar Association (IBA), Nigerian Maritime Law Association, Commercial Law & Taxation Committee of the Lagos Chamber Of Commerce & Industry, London School of Economics Lawyers’ Group and Associate Member Chartered Institute of Taxation.

Ighodalo is married to Ifeyinwa, and they have two daughters, Omoehi and Ayomide.

He is the elder brother of Pastor Ituah Ighodalo, senior pastor of Trinity House, Lagos.

MONDAY OKPEBHOLO (APC)

Okpebholo was born on 29 August 1970 in Udomi-Uwessan community of Irrua. Okpebholo attended Udomi Community Primary School and Ujabhole Community Secondary School, both in Uwesan Irrua, Esan Central LGA. He completed his secondary education and obtained his senior school certificate in Jos, Plateau State. Afterwards, he obtained a degree in Business Administration from the University of Abuja and holds Masters’ degree in Policy and Leadership Studies from the same institution.

Okpebholo contested for the Senate Seat in Edo Central senatorial district, under the All Progressives Congress (APC) and was elected on 25 February 2023. On 13 June 2023, he was inaugurated into the 10th National Assembly of Nigeria, as the senator of the Federal Republic of Nigeria, representing Edo Central senatorial district.

In February 2024, he won the Edo State APC gubernatorial primary election.

In 2024, Okpebholo was summoned by Magistrates’ Court over allegations of falsifying date of birth which was stated as 1 August 1977, on his INEC voter card.

Previously, he was caught falsifying his date of birth as 29 August 1972 on a WAEC certificate while being a student at the West African Examination Council.

During the 2024 campaign, Monday Okpebholo was endorsed by Nollywood actress, Mercy Johnson-Okojie, whose husband is a Service member of the National Assembly under the APC.

Okpebholo is married to Blessing Okpapi Ekpe and together they have two children. Besides being a politician and a family man, he is also a committed Christian and an active member of the Redeemed Christian Church of God.OLUMIDE AKPATA (LABOUR PARTY)

Olu Akpata

Akpata was born on October 7, 1972, in Berlin Germany. He started his educational journey at Nana Primary School in Warri, then moved on to Federal Government College, Warri and later King’s College in Lagos. He obtained a bachelor’s degree in law from University of Benin, Edo state in 1992 and was called to the bar in 1993. He served in the National Youth Service Corps in Kano State.

Akpata began his legal practice in Delta state under the tutelage of Dr. Mudiaga Odje, Senior Advocate of Nigeria, OFR, who was one of the most seasoned litigators of his time.

In 1996, Akpata relocated to Lagos and teamed up with his cousin, Oghogho Akpata, who had just set up the law firm Templars the previous year. Akpata joined in the formation of Templars at the age of 23, and has grown the firm into what it is today, as one of the largest law firms in Nigeria with a workforce of about 100 lawyers, including two Senior Advocates of Nigeria, both of whom practice proficiently in diverse areas of Nigerian law.

Akpata is currently senior partner and Head of the Corporate & Commercial Practice Group of Templars. He has participated in some of the major groundbreaking transactions that have shaped commercial law practice in Nigeria and indeed the Nigerian economy. He was chairman of the Nigeria Bar Association Section on Business Law (NBA-SBL).

On July 30, 2020, he was elected as the president of the Nigerian Bar Association after acquiring a total of 9,891 votes of the total 18,256 ballots cast.

Akpata is riding on the popularity of his party leader, Peter Obi, and the sweeping waves the party made in the 2023 elections, where it overwhelmingly won Edo State.

Headline

How FG Spent N19bn on Presidential Planes in 15 Months – Report

Published

5 days ago

November 12, 2024

Eric

At least N19.43 billion has reportedly been spent on the maintenance and operations of the Presidential Air Fleet from July 2023 to September 2024.

According to GovSpend, a civic tech platform that tracks and analyses the Federal government’s spending, showed that for 2024, the payouts amounted to N13.55billion, representing 66 per cent of the allocations for the fleet in the 2024 fiscal year.

Most disbursements were labeled ‘Forex Transit Funds,’ typically funds allocated for foreign exchange requirements to facilitate international transactions and engagements.

In the context of the Presidential Air Fleet, such funds are used to cover expenses related to operations outside the country, including fuel purchases, maintenance or services in foreign currencies.

“When aircraft on the fleet are abroad, payments are often made in U.S. dollars or another foreign currency to ensure uninterrupted operations,” a government official explained.

In July 2023, N1.52bn was disbursed in two tranches of N846m and N675m for ‘Presidential air fleet forex transit funds.’

The following month, N3.1bn was disbursed in three tranches of N388m, N2bn, and N713m for the same item.

In November of that year, N1.26bn was released to the Presidential Air Fleet Naira transit account.

The first overhead for 2024 came in March, where N1.27bn were disbursed twice, amounting to N2.54bn. The transit account received N6.35bn in April, N4.97bn in May and N210m in July.

August saw the highest frequency of transactions, with N5.60bn released in six separate disbursements.

Although these transactions were not clearly labeled, the monies were paid into the Presidential Air Fleet naira transit account, including the N35m transfer made in September.

In late April, the transit account received N5.08bn; this came around the same time the President was on a two-nation tour to the Netherlands and Saudi Arabia.

Although Tinubu arrived in the Netherlands in a state-owned Gulfstream AeroSpace 550 Jet, the aircraft could not proceed to Saudi Arabia due to unspecified technical problems. He reportedly continued his journey on a chartered private plane.

At the time, the President’s Boeing 737 business jet was undergoing maintenance. It was later replaced with an Airbus A330 purchased for $100m in August through service-wide votes.

The nearly 15-year-old plane, an ACJ330-200, VP-CAC (MSN 1053), is “spacious and furnished with state-of-the-art avionics, customised interior and communications system,” Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga said, adding that it “will save Nigeria huge maintenance and fuel costs, running into millions of dollars yearly.”

The new Airbus A330 is just one of several aircraft currently on the Presidential Air Fleet, arguably one of Africa’s largest, with around 11 aircraft of various makes and models. Until August, it comprised the 19-year-old B737-700 and a 13-year-old Gulfstream Aerospace G550.

The BBJ was acquired during the tenure of former President Olusegun Obasanjo at $43m but became a money guzzler as it aged.

Onanuga, defending the purchase of Airbus A330, argued that the new Airbus 330 aircraft and the costs of maintaining the air fleet were not for the president but in the interest of Nigerians.

“It’s not President Tinubu’s plane; it belongs to the people of Nigeria, it is our property…the President did not buy a new jet; what he has is a refurbished jet – it has been used by somebody else before he got it, but it is a much newer model than the one President Buhari used.

“The one President Buhari used was bought by President Obasanjo some 20 years ago. There was a time when the President went to Saudi Arabia, and the plane developed some problems. The President had to leave the Netherlands with a chartered jet.

“Nigerians should try to prioritise the safety of the President. I’m not sure anybody wishes our president to go and crash in the air. We want his safety so that he can hand it over to whoever wants to take over from him,” Onanuga said.

The presidential aide said he discussed with the National Security Adviser, Nuhu Ribadu, on the faulty plane [Boeing 737 jet] and he said the maintenance costs were excessive because of the age of the aircraft, hence the need for another plane.

The presidential fixed-wing fleet includes a Gulfstream G500, two Falcon 7Xs, a Hawker 4000, and a Challenger 605.

Three of the seven fixed-wings are reportedly unserviceable. Meanwhile, the rotor-wing fleet includes two Agusta 139s and two Agusta 101s, all operated by the Nigerian Air Force but supervised by the Office of the National Security Adviser.

Former President Buhari promised to reduce the number of aircraft in the PAF to the absolute necessary.

In April 2023, three jets were put up for sale, but there were no specifics on which.

However, efforts to sell one of the Dassault Falcon 7x and the Hawker 4000 in October 2016 stalled when a potential buyer reduced their initial offer from $24m to $11m.

Since 2017, budgetary allocations for the fleet have shown a growing trend, with one exception in 2020.

The allocation for the fleet increased from N4.37bn in 2017 to N20.52bn in 2024, showing a 370 per cent rise in running costs.

In 2018, the fleet’s budget rose significantly by 66.13 per cent to N7.26bn, driven by a substantial increase in capital project allocations while maintaining similar levels for recurrent costs. This upward trajectory continued into 2019, slightly increasing the total allocation to N7.30bn.

The exception came in 2020, when the budget dropped by nearly seven per cent to N6.79bn, primarily due to decreased overhead costs, a reflection of the global economic impacts of lockdowns and disruptions in operations.

By 2021, however, the budget surged dramatically to N12.55bn—a record increase of 84.83 per cent from the previous year.

In 2022, maintenance expenses for each aircraft ranged from $1.5m to $4.5m annually.

The 2022, 2023 and 2024 appropriation acts earmarked N12.48bn, N13.07bn and N20.52bn respectively.

On his way to the 2024 Commonwealth Heads of Government Summit in Samoa, a foreign object damaged the cockpit windscreen of Vice President Kashim Shettima’s GulfStream aircraft during a stopover at JFK Airport in New York.

According to Lee Aerospace, manufacturers of the Gulfstream, jet windshields consist of thick multilayered structures of varying layers of glass and transparent acrylic built to withstand collision with a 2kg object.

However, damage to the windshield must have affected its inner layers. While specific prices for replacement can vary based on supplier, labour rates and regional costs, estimates suggest that a single windshield replacement for a G550 can range from $50,000 to $70,000 for part and labour costs.

In an interview with our correspondent, the General Secretary of the Aviation Round Table, Olumide Ohunayo, blamed the meteoric rise in the allocations for the PAF on the age of some of the aircraft in the fleet and declining value of the naira as well as the “commercial use” of aircraft by the Nigerian Air Force.

Ohunayo said, “The cost will definitely increase over the years because for one, this issue of the naira against the dollar. As the naira keeps falling to the dollar, we will see a rise in cost because most of the costs of training crew and engineers and replacing aircraft parts are all in dollars.

“Also, some of these aircraft are not new. The older the aircraft, the higher the cost of maintenance and operation.

“Lastly, during these past years, terrorism and insecurity have increased in Nigeria, which has also affected the cost of insuring the aircraft.”

For his part, the Executive Chairman of the Centre for Anti-Corruption and Open Leadership, Debo Adeniran, argued that the administration’s spending habits were opposite to Nigerians’ expectations of frugality.

“What we are getting from this administration is opposite to our expectation. We thought we would have an administration that would be frugal in spending and very meticulous at implementing its budget.

“But what we are getting is an administration that has fallen in love with profligacy; that doesn’t see anything wrong in living big amid a poverty-stricken nation.

“It is a reenactment of the Shagari administration, whereby they bought the biggest Mercedes Benz and made themselves as comfortable as possible without considering how much the masses are suffering.

“So when you look at a Vice President saying he’s not travelling [to Samoa] again because there was a splinter on the windscreen of his private aircraft. Why should that be the case?

“First and foremost, we need to be represented at such an international meeting, where we should be well represented by the first two citizens of this country.

“He abandoned that, which means we would have lost certain representation that we deserve at that forum. Two, money will have been spent on advance parties that went ahead of the Vice President. But he abandoned the journey altogether.”

Headline

Pastor Tunde Bakare: Celebrating a Visionary Preacher @70

Published

7 days ago

November 10, 2024

Eric

By Eric Elezuo

He is visionary, blunt, articulate, passionate, fiery, evangelical, fearless, controversial and the newest septugenarian. He is the Founder and Presidng Pastor of the Citadel Global Community Church (CGCC), formally known as the Latter Rain Assembly. He is Pastor Tunde Bakare.

A thought provoking preacher, social commentator, legal expert and politician, Tunde Bakare has come of age in the business called Nigeria.

Born on November 11, 1954, Pastor Bakare is regarded as not only a prophetic-apostolic pastor, but a social and economic image maker, whose contributions to the originality, truth and oneness of the nation cannot be overemphasized.

Originally a Muslim, who embraced the Christian faith in 1974 at the age of 20, Bakare has contributed his quota as a nation builder, seeking both the Vice president and president positions of the nation on two different occasions.

Pastor Bakare started his educational life at All Saints Primary School, Kemta, Abeokuta, and subsequently Lisabi Grammar School, Abeokuta, where he obtained both the School Leaving Certificate and the West Africa Examination Council certificate

After his secondary education, he was admitted into the University of Lagos where he studied Law between 1977 and 1980 before attending Law School in 1981, and was subsequently called to the Bar and following his time in the National Youth Service Corps (NYSC).

Bakare kickstarted his career when he started practicing law at the Gani Fawehinmi Chambers. His dexterity on the job propelled him to Rotimi Williams & Co., and later to Burke & Co., Solicitors.

In October 1984, he went solo, and established his own law firm, Tunde Bakare & Co. (El-Shaddai Chambers). Within the preceeding periods, he combined his legal duties with pastoral functions working as a legal adviser at the Deeper Life Bible Church, and later moving to the Redeemed Christian Church of God, where he became pastor and founded the Model Parish.

Following his time at the Redeemed Christian Church of God, Bakare left to start the Latter Rain Assembly Church in 1989, known today aa CGCC, where he presently serves as the General Overseer. In addition to his time in the church, he zeroed into part time politics, serving as the running-mate to presidential candidate Muhammadu Buhari in the 2011 presidential election. Bakare has been critical of Nigeria’s leadership and has sparked controversy with comments considered inflammatory regarding Muslims and other spiritual leaders.

Also in 2019, Bakare announced his intention to run for president of Nigeria following the end of Buhari’s second term with a total conviction that he has a direct mandate to do and will surely become the next president of Nigeria. He joined the All Progressives Congress (APC) but, lost at the primaries conducted at Eagle Square, Abuja, in May 2022. He launched his then political trajectory under the New Nigeria Progressive Movement.

While expressing his intentions to run for the 2023 presidential election towards becoming the next president of Nigeria to church members in 2019 when he was quoted as saying, “I will succeed Buhari as President of Nigeria; nothing can change it. I am number 16, and Buhari is number 15. I never said it to you before. I am saying it now, and nothing can change it. In the name of Jesus, he (Buhari) is number 15. I am number 16. To this end, I was born, and for this purpose, I came into the world. I have prepared you for this for more than 30 years.”

Bakare also presides over the Global Apostolic Impact Network (GAIN), a network of churches, ministries, and kingdom businesses committed to advancing the Kingdom of God on earth as well as the President of Latter Rain Ministries, Inc. (Church Development Center) in Atlanta, GA, USA, a ministry committed to restoring today’s church to the scriptural pattern. He was given a Doctor of Ministry degree by Indiana Christian University under the leadership of his mentor, Dr. Lester Sumrall, in 1996.

Bakare has been instrumental to some uprisings in the country that challenge unhealthy administrations. It would be recalled that his Occupied Nigeria Movement led the protest against the administration of President Goodluck Jonathan in January 2012 after minor increase in fuel price. The protest was a total success, and led to reduction in fuel pump price.

Also a social critic, Bakare is critical of Miyetti Allah, labeling the Fulani herdsmen as a group of terrorists who rape, murder, and kidnap innocent civilians. Several Fulani Islamic scholars criticized Bakare’s comments about Fulani herdsmen as Islamophobic. Bakare had said that Fulani herdsmen were driving Nigeria towards a civil war.

He also holds a yearly state of the nation address to set the stage for the future and review national issues of the year past.

In his 2019 address, he stated, “We can therefore confidently state that, over the past thirty years, we have faithfully executed our God-given mandate to the nation from this platform. Over the past thirty years, we have deployed appropriate tools for appropriate occasions, from prophetic declarations to confrontational advocacy and from political activism to propositional policy advisory. Over the past thirty years, we have done this consistently, sometimes at the risk of being misunderstood by friends and foes alike.

“We have been motivated not by wavering
opinions of men but by our unshakeable faith in our national destiny and an unalloyed commitment to seeing that destiny fulfilled.”

Reports have it that he was arrested in March 2002 after preaching sermons critical of Nigeria’s then-president, Olusegun Obasanjo.

No matter how it is viewed, and the direction of his controversies, one thing is obvious, Bakare has stood on the side of truth, hope, and justice, and has remained consistent over the years.

The Serving Overseer has been very vocal, his trademark, over the recent hardship in the country, condemning the politicians for preaching what they cannot practice.

He said Nigerian politicians were not living lean or sacrificing like the rest of the citizens whom they asked to sacrifice for the country by enduring economic hardship.

Bakare said this while delivering the keynote address with the theme: “Cultivating a Culture of Dialogue: Nurturing Understanding in a Culturally and Socially Diverse Nation” at Wilson and Yinka Badejo Memorial Lecture 2024.

He is a strong believer in the theory that the pen is mightier than the sword. He write in an essay of same title that:

“The likes of Dr. Nnamdi Azikiwe, Kwame Nkrumah, and Chief Obafemi Awolowo, armed with no other weapon, mobilised the Queen’s language in the struggle for independence from the Queen. They fought their battles through such media as West African Pilot, Accra Evening News and The Tribune. Decades after independence, when free, fair and credible elections were annulled, and a tyrannical dictatorship held sway, the Nigerian press took up the baton and contended against the sword of oppression by deploying the armoury of vocabulary. I am so glad that the labours of these pen warriors and all others who fought for the democracy we enjoy today have not been in vain after all.”

For seven decades, Pastor Bakare has remained a voice in Nigeria politics, religion and socio-economic circle, relating with with Nigerians according to where the matter lies.

On this occasion of your 70th Birthday, we celebrate your consistency, focus and leadership acumen that has affected the people positively.

Congratulations sir!

Headline

US Polls: Tinubu, UK PM Starmer Congratulate Trump

Published

2 weeks ago

November 6, 2024

Eric

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.