2023: Rice Farmers, Others Buy APC Nomination Form for Emefiele

Image

By Aduragbemi Omiyale

The race for choosing the next Nigerian to occupy the Aso Rock Presidential Villa in Abuja next year is getting more interesting with the purchase of the presidential nomination and expression of interest forms of the All Progressives Congress (APC) for Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN).

On Thursday, three groups; the Rice Farmers Association of Nigeria (RIFAN), Friends of Emefiele and Emefiele Support Group gathered funds together to purchase the forms for the banker.

They stressed that the forms, which cost N100 million, were bought for Mr Emefiele because they believe he is the only responsible and responsive person to succeed President Muhammadu Buhari on May 29, 2023.

Even though the CBN governor has not officially indicated an interest in running for the presidency, the group remains the only one that can rescue Nigeria from the lots of economic and security challenges.

They argued that Mr Emefiele has shown capacity, focus and courage as the CBN governor and has worked tirelessly with the economic team of President Buhari to keep the economy afloat above recession and outright collapse.

The group expressed confidence that their preferred candidate will likely accept the challenge to lead Nigeria to the Promised Land by throwing his hat in the ring.

Despite coming under pressure to declare his interest to participate in the 2023 presidential election, Mr Emefiele has consistently emphasised that he was focused on strengthening the nation’s economy and would not be distracted.

Those who want to become the successor of Mr Buhari when his 8-year tenure ends next year in the ruling APC are the Vice President, Mr Yemi Osinbajo; former Senate President, Mr Ken Nnamani; former Lagos State governor, Mr Bola Tinubu; Governor of Ekiti State, Mr Kayode Fayemi; the Minister of State for Education, Mr Emeka Nwajiuba; Minister of Labour and Employment, Mr Chris Ngige; former Governor of Imo State, Mr Rochas Okorocha, Governor of Ebonyi State, Mr Dave Umahi; and former Governor of Abia State and serving senator, Mr Orji Uzor Kalu.

Others are the Minister of Transportation, Mr Rotimi Amaechi; Governor of Cross River, Mr Ben Ayade; former Governor of Edo State, Mr Adams Oshiomhole; Minister of Niger Delta Affairs, Mr Godswill Akpabio; Governor of Kogi State; Mr Yahaya Bello; Governor of Jigawa State, Abubakar Badaru; and the Minister of Science and Innovation, Mr Ogbonaya Onu.

Share
Related Stories
Image
22-February-2024

AFCON 2023: Nigerian Content Creators See 200% Rise in Revenue, Views

By Adedapo Adesanya Content creators in Nigeria saw a 200 per cent increase in views and revenue between December 2023 and February 2024, a new study shared with Business Post showed. According to new data released by StarNews Mobile, an African video streaming platform, content creators across Africa experienced a 300 per cent surge in revenues during the 2023 Africa Cup of Nations (AFCON) held between January 13 and February 11, 2024, reaffirming the massive surge in consumption of hyper-localized content from the continent. Based on metrics from StarNews Mobile’s platform, creators in Nigeria were only outshone by their peers

Image
23-February-2024

NUPENG Seeks EFCC Support to Tackle Illegal Oil Bunkering

By Adedapo Adesanya Following its fight against foreign exchange speculators and hoarders, the National Union of Petroleum and Natural Gas Workers (NUPENG) has sought the collaboration of the Economic and Financial Crimes Commission (EFCC) in the fight against illegal oil bunkering in the country. The collaboration was sought when the National President of NUPENG, Mr Williams Akporeha, led members of his executive council to the corporate headquarters of the anti-graft agency on a courtesy visit. Mr Akporeha mentioned the challenges involved in the movement of petroleum products across the country and appealed to the EFCC to always come to the

Image
22-February-2024

Nashaira Belisa Takes Project OMI to Lagos Orphanage, School

By Adedapo Adesanya  Miss World Curacao 2024, and Curaçao’s delegate to Miss World 2024 in India, Miss Nashaira Belisa, an influential humanitarian and businesswoman, has launched PROJECT OMI. OMI, meaning water in the Yoruba Language, is a transformative initiative focused on addressing the critical need for clean water in orphanages and communities across Nigeria and Ghana. She is using this initiative to change the world, one drop of water at a time. The project, aptly named OMI, is a testament to Belisa’s commitment to making a lasting impact beyond the realm of beauty pageantry. Belisa’s dedication to clean water accessibility

Image
23-February-2024

SON Launches Facility to Test Quality of Generators, Transformers

By Adedapo Adesanya The Standards Organisation of Nigeria (SON) has inaugurated a facility to test generators and power transformers sold in the Nigerian electricity market. Speaking at the inauguration of SON Mobile Generators Testing Laboratory and Mobile Transformer Equipment on Thursday, the Director-General of the agency, Mr Ifeanyi Okeke, said it was no longer business as usual for assemblers and importers of these products. He said it was important for these products to meet the quality benchmarks, stressing that buyers must have value for their money. According to him, all information supplied on generators and transformers will be verified and

More Stories
Image
09-June-2019

Sanwo-Olu Appoints Six Permanent Secretaries, Redeploys 13

Six new permanent secretaries have been appointed by Governor of Lagos State, Mr Babajide Sanwo-Olu. The appointed senior members of the state’s civil service have been charged to discharge their duties diligently and see their appointments as service to humanity. They were sworn into office last Thursday, with portfolios assigned to them. The newly appointed Permanent Secretaries and their portfolios are Dr Ademuyiwa Benjamin Eniayewun, Health Service Commission; Mr Olumide Olufolami Erinle, Education District IV; Mrs Okelola Oludara, Education District VI; Mr Wasiu Adedamola Akewusola, Ministry of Housing; Mrs Yewande Abiodun Falugba, Ministry of Women Affairs and Poverty Alleviation; and

Image
18-December-2018

Top PR Measurement Moment in Nigeria 2018

The year 2018 has been quite an eventful, especially in the areas of growth and education in the Independent PR Monitoring and Measurement Industry in Nigeria. Here are some of the major highlights of 2018. – Public Relations Measurement awareness in Nigeria grew from 37 percent in 2017 to 54 percent in 2018, with 35 percent usage of a PR Measurement program. – 2018 recorded a highly remarkable increase in the engagement of PR measurement consultants by brands and PR agencies, which we can confidently say, resulted from the continuous education through P+ Measurement Services (educational program). – P+ Measurement

Image
14-October-2016

UK Reinforces Relations With Cameroon and Chad

By Ebitonye Akpodigha The Foreign and Commonwealth Office (FCO) Director for Africa, Neil Wigan had calls on the Prime Minister, the Minister for Commonwealth and Minister Delegate for Foreign Affairs, the Secretary General at the Presidency and several other key interlocutors covering Prosperity, Security and assistance to refugees and displaced persons in Cameroon by the UK. Neil Wigan also used his visit to commend the contribution of the Business Coalition Against Corruption to the Government of Cameroon’s efforts fighting against corruption in the country. Later in the week Neil Wigan flew directly to N’Djamena to meet the Secretary General at

Image
18-August-2020

Positive OPEC Compliance Spurs Oil Gains Monday

By Adedapo Adesanya It was a bullish run for crude futures on Monday as compliance from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) saw the overall implementation of its pledged production cuts in July of more than 95 per cent. The international benchmark, Brent crude, rose by 52 cents or 1.16 per cent to $45.32 per barrel. Also, the United States West Texas Intermediate (WTI) crude gained 82 cents or 1.95 per cent to trade at $42.83 per barrel. The prices opened in the green territory on Monday as delegates made the disclosure before a meeting

Image
19-November-2018

NSE Trades N11.5b Shares in One Week as 27 Stocks Fall

By Dipo Olowookere Last week, a total turnover of 1.3 billion shares worth N11.5 billion in 13,245 deals were traded by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.1 billion shares valued at N18.2 billion that exchanged hands the previous week in 14,372 deals. During the week, the Financial Services industry (measured by volume) led the activity chart with 890.4 million shares valued at N8.1 billion traded in 7,923 deals, contributing 69.31 percent and 70.31 percent to the total equity turnover volume and value respectively. It was followed by the Services

Image
11-October-2016

Protesters Demand Emefiele’s Resignation

By Ebitonye Akpodigha On Tuesday, October 11, 2016, some youths numbering about 100 stormed the headquarters of the Central Bank of Nigeria (CBN) in Abuja, demanding for the resignation of the Governor, Mr Godwin Emefiele. The demonstrators accused Mr Emefiele of failing to take Nigeria’s economy out of recession as well as stop the consistence weakening of the Naira against the Dollar and other top foreign currencies. On Tuesday, the Naira was exchanged at 310 against the Dollar at the interbank market, while it traded for 470 to a Dollar at the parallel market. The youths carried placards conveying various

Image
18-August-2021

Stakeholders in Tech Sector Raise Alarm Over Fresh Move by FG

By Adedapo Adesanya Innovation has been the buzzword on the lips of many stakeholders in Nigeria in the past few years, especially as revenue from oil, which accounts for a huge chunk of Nigeria’s wealth, is depleting due to prevailing conditions in the global oil market. This has since created an opportunity for many Nigerians, who have quickly moved in to disrupt the space with several startups that are disrupting traditional methods and creating new markets with technology. With technology, many Nigerian entrepreneurs are doing wonders. It has made investing, saving, crowdfunding, logistics and even accountability easier. It has also

Image
19-July-2022

Equity Market Gains N56bn as Investors Pick Seplat, Others

By Dipo Olowookere The first trading session of the week at the Nigerian Exchange (NGX) Limited started on a positive note on Monday as the equity market appreciated by 0.20 per cent at the close of business at 2:30 pm. The bullish performance was driven by the gains in the share prices of Seplat, GTCO, United Capital and others, increasing the market capitalisation by N56 billion to N28.214 trillion from N28.158 trillion as the All-Share Index (ASI) gained 104.82 points to close the session at 52,319.94 points compared with the preceding session’s 52,215.12 points. United Capital released its half-year earnings

Ad
Ad
Recent Stories
Image
26-February-2024

Global Finance Names Ecobank Best FX Bank in Nigeria

By Dipo Olowookere Ecobank Nigeria Limited has been named as the Best FX Bank under the Country & Territory Awards category for Nigeria in the 2024 Global Finance’s annual SME Bank Awards. The parent company of the lender, Ecobank Group, on its part, clinched the Best Bank for SMEs in Africa 2024 award, reflecting its unwavering commitment to meeting the specialised needs of SMEs across its diverse markets. At the award ceremony held on Tuesday, February 20, 2024, at the Glaziers Hall in London, the United Kingdom, Global Finance explained that the Nigerian subsidiary of the leading pan-African Banking Group

Image
26-February-2024

GTCO, FBN Holdings, Transcorp Close as Busiest Stocks on NGX

By Dipo Olowookere The trio of Guaranty Trust Holding Company (GTCO) Plc, FBN Holdings Plc, and Transcorp Plc ended as the busiest stocks on the Nigerian Exchange (NGX) Limited last week. They accounted for 343.584 million shares worth N9.431 billion in 5,659 deals, contributing 24.96 per cent and 29.86 per cent to the total trading volume and value, respectively Data obtained by Business Post showed that the market recorded a turnover of 1.377 billion shares worth N31.584 billion in 42,040 deals versus the 1.559 billion shares valued at N36.497 billion traded in 42,546 deals in the preceding week. Financial equities

Image
26-February-2024

Excitement as Tinubu Commissions Geometric Power Plant

By Aduragbemi Omiyale The city of Aba in Abia State is beaming with excitement as President Bola Tinubu is expected to commission the Geometric power plant today, Monday, February 26, 2024. The facility is the first integrated power plant in Nigeria. It is situated in the Osisioma Industrial area of Aba. It is expected to provide 24-hour electricity to the city and about nine of the 17 local government areas of the state. The 181-megawatt Geometric power plant cost about $800 million and was done by a former Minister of Power, Mr Barth Nnaji. Electricity from the plant will be

Image
25-February-2024

Customs to Adopt Stable FX Rate for Cargo Clearance

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has reviewed the formula for fixing foreign exchange (FX) rates for customs duties for cargo clearance after uproar over the constant changes in the rate. The apex bank asked the Nigeria Customs Service (NCS) and other related parties to adopt the closing FX rate on the date of opening Form M for the importation of goods, as the forex rate to be used for Import Duty Assessment,. This was disclosed by Mr Hassan Mahmud, the Director, Trade and Exchange Department of the CBN in a memo on Friday in Abuja. According

Image
25-February-2024

Climate Change: Agric Experts Advocate Smart Farming Practices

By Bon Peters Agriculture experts have advocated “smart farming practices” to combat climate change, improve productivity and enhance food security in the country. They noted that if climate change challenges were not nipped in the bud, more than 52 per cent of the country’s agricultural production would be threatened by 2050. The experts under the aegis of the Society of Action in Nigeria (SCAN), in collaboration with the University of Port Harcourt, disclosed this during a workshop organized for women and youth leaders on Thursday in Port Harcourt the Rivers state capital. A Senior Lecturer in the Department of Agricultural

Image
25-February-2024

VFD Group’s Adeniyi Adenubi Mentors Next Generation of Entrepreneurs

An executive director of VFD Group, Mr Adeniyi Adenubi, has mentored some students of the the Nigerian University of Technology and Management Scholars Programme (NSP). The mentoring session was to enlighten the next generation of entrepreneurs about the complexities of building a business, highlighting the impact of partnerships, entrepreneurial spirit, and service in the world of business, with the core message being Dream and believe in your dream. The Nigerian financial and investment expert spoke about his personal journey, which is intertwined with the dynamic principles of VFD Group, which include Entrepreneurial Ethos, Ambition, Agility, Partnerships, Innovation, Courage, and Commitment.

Image
25-February-2024

Why Trade Between India and Russia is Experiencing Upward Trend—Kotwani

By Kestér Kenn Klomegâh As President of the Indian Business Alliance (IBA) and the founder of the Imperial Tailoring Co., Sammy Kotwani, offers comprehensive insights on the evolving dynamics of Indian investment prospects in the Russian Federation. He also discusses, in this interview, aspects of business challenges and roadblocks in the context of geopolitical changes and competition as well as the current economic cooperation between India and Russia. Here are the interview excerpts: How would you characterize the geopolitical changes on investment prospects for Indians in Russian Federation? Geopolitical changes have significantly influenced investment prospects for Indians in the Russian

Image
25-February-2024

ECOWAS Lifts Sanctions on Niger, Mali, Guinea

By Adedapo Adesanya The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Niger Republic, Mali, and Guinea. The resolution was taken at the extraordinary summit on the peace, political, and security situation in the ECOWAS sub-region in Abuja on Saturday. While the regional bloc said the political and a few targeted sanctions on the Niger Republic remain, it lifted some financial and economic sanctions on Guinea and others on Mali. Following the military coup in Niger Republic on July 26, 2023, which toppled President Mohamed Bazoum, ECOWAS imposed several sanctions on the country. Now,

Image
25-February-2024

SERAP Sues Wike, Governors Over Missing N40trn Allocations

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike, over their failure to account for the alleged missing N40 trillion federal allocations meant for local governments in the states and the FCT. The suit followed the damning revelations by former President Muhammadu Buhari who in December 2022 stated that “if the money from the federation account to the states is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million.

Image
24-February-2024

Consumer Goods, Banking Stocks Lift Equity Market by 0.84%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.84 per cent on Friday, lifted by bargain-hunting in the consumer goods and banking sectors. The consumer goods index went up by 4.05 per cent during the session, as the banking space increased by 0.67 per cent, while the insurance counter depreciated by 0.09 per cent, as the energy and industrial goods sectors closed flat. At the close of transactions, the All-Share Index (ASI) grew by 849.20 points to 102,088.30 points from 101,239.10 points, and the market capitalisation expanded by N464 billion to N55.861 trillion from N55.397 trillion. Business Post