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Nigeria Decides 2019: Tambuwal Challenges Saraki For PDP Presidential Slot

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Tambuwal Challenges Saraki For PDP Presidential Slot

Senate President Bukola Saraki, who announced his aspiration for the office of president, may be pitted against his ally and governor of Sokoto State, Alhaji Aminu Tambuwal, who also picked up the form to challenge for the PDP presidential ticket.

There are a dozen of other bigwigs of the party, many of whom belong to the same political camp.

Many of them defected at the same time from the ruling All Progressives Congress (APC) to regroup to upstage traditional members of PDP.

Among others gunning for the slot are a two- time governor of Kano, Alhaji Rabiu Kwankwaso; ex-Vice President Atiku Abubakar; ex-governor of Jigawa, Alhaji Sule Lamido and others.

Tambuwal who arrived the party’s National Secretariat, Wadata Plaza, with his supporters at few minutes 6.p.m, left at about 7. 10 p.m.

Tambuwal told newsmen shortly after he picked the form that he was confident that the PDP leaders would conduct credible elections, if the aspirants did not go for consensus candidate.

“I can’t say there is no need for consensus; it is part of democratic process. If there is a possibility of it, why not? If it is not possible, then, we all go for the primaries.

“But I believe that PDP of today is capable of organising free, fair, credible and transparent primaries.”

Tambuwal said that going by his antecedents he had the capability to confront the All Progressives Congress (APC) and its likely candidate.

“I believe you need to check back my political antecedents. I have always confronted with this kind of hostile environment.

“You remember how I emerged as Speaker of House of Representatives and how I remained there as Speaker of House of Representatives.

“So I am not discouraged by whatever that may come up as a challenge from the administration.”

On the issue of herdsmen/farmers crisis, Tambuwal said it was a major security concern to every Nigerian.

“We must look at the issue very comprehensively and proffer solution to it.

“I believe it is an ‎issue every responsible government must address and I assure you we can take it head on and resolve it. “

NAN

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Nigerian News

IATA Inaugurates Turbulence Aware Data Resource To Forecast Turbulence

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IATA Inaugurates Turbulence Aware Data Resource To Forecast Turbulence

The ability of airlines to forecast and avoid turbulence would now be greatly enhanced as the International Air Transport Association, IATA, has inaugurated a turbulence aware data resource.

IATA said the system would pool and share turbulence date generated by participating airlines. The global body for airlines said before now, airlines had to depend on reports and weather advisories from pilots to offset the impact of turbulence.

IATA says the result would be the first global, real-time, detailed and objective information for pilots and operation’ professionals to manage turbulence.

It is expected that airlines operating in Nigeria would participate and benefit from this new system.

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Nigerian News

Oil Price Stability Buoys Nigeria’s Budget Benchmark

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Oil Price Stability Buoys Nigeria's Budget Benchmark

Nigerian budget benchmark appears buoyed by oil price stability as a result of cuts in production levels to which OPEC members have agreed.

The benchmark of sixty dollars was eroded by sustained drops in price. The high for the year was eighty-six dollars which dropped to about fifty-eight dollars last week.

It rebounded to sixty-two dollars per barrel last week, just as the federal executive council was to hold an emergency meeting on how the price drops would affect the Nigerian budget.

Opec countries had agreed to reduce daily production by eight hundred thousand barrels, while non-OPEC members decided to reduce production by four hundred thousand barrels per day.

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Business News

CBN And MTN Plan To Settle $8b Rift Out Of Court

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CBN And MTN Plan To Settle $8b Rift Out Of Court

It seems as though the Central Bank of Nigeria and telco giant, MTN, are trying to find ways of resolving the $8 billion rift between them. One of MTN’s lawyers is quoted as saying they are making moves toward an out-of-court settlement.

Meanwhile, counsels for both parties have secured another adjournment until late January.

Another $2 billion case involving MTN and the Nigerian attorney general’s office was adjourned as well last week until early January.  This case is related to alleged back taxes owed by MTN.  The telco giant has denied it owed the taxes.

The $8 billion case was a result of a charge against MTN for allegedly violating Nigeria’s extant laws.  In August, Central Bank of Nigeria sanctioned MTN Nigeria for allegedly using irregular certificates of capital importation to transfer $8.1 billion to South Africa on behalf of its offshore investors.

MTN is being asked to return the $8.1 billion to Nigeria.

Mtn group’s Nigerian operations account for one-third of its entire African market share.

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