Investogist
No Result
View All Result
Thursday, September 24, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Buys Back Nearly 800,000 Shares as Programme Total Tops 19.9 Million

    Diesel prices in The United States hit record high

    Diesel prices in The United States hit record high

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Buys Back Nearly 800,000 Shares as Programme Total Tops 19.9 Million

    Diesel prices in The United States hit record high

    Diesel prices in The United States hit record high

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Presidency reacts to Interim Government allegations

Friday, 17 February 2023, 6:25 pm
in News, Nigeria
0
Presidency reacts to Interim Government allegations
Share Share Share Share Send as Email

Nigeria’s Presidency has reacted to what it called “joke about interim government,” restating that elections will hold. The Presidency in a statement posted on its verified twitter handle stated that President Buhari looks forward to handing over the reins of power to his elected successor.

It maintained that the handover of power will happen on May 29, 2023 as the constitution requires it.  “The days of unelected Nigerian leaders, & those who outstay their welcome by unconstitutionally extending it, have gone,” the Presidency reiterated in it’s twitter post.

Read also; We didn’t authorize banks to collect old N500 and N1,000 banknotes – CBN

According to the calendar of the Independent National Electoral Commission (INEC), the Presidential and National Assembly election will take place on 25th February, while Governorship and State House of Assembly election will take place on 11th March.

Many politicians, most of whom are APC Governors and APC members has been insinuating in part and outright stating on other occasions, that “cabals” or “fifth columnist” in the state house are working towards the institution of an Interim National government.

The Governor of Kano State, Abdullahi Ganduje had on Wednesday alleged that the naira redesign policy of the president, Major General Muhammadu Buhari (retd), is a deliberate attempt to truncate Nigeria’s democracy and destroy the party that elected him.

Full statement of The State House Press release:

Stop The Joke About Interim Government, Elections Will Hold

Joseph Goebbels, the propaganda Chief of Adolf Hitler said ‘‘Repeat a lie often enough and it becomes the truth’’. This was in the 1930s, before the internet was birthed.

Let us clearly, specifically and emphatically state that there is absolutely no truth to the claim that President Muhammadu Buhari is working towards an interim government or even worse, the truncation of democracy- democracy that he has helped to keep alive not only here at home, in West Africa but throughout the continent.

The talk of interim government and truncation of democracy is way off the mark. Those who peddle it stand to gain nothing- nothing at all -but the creation of panic and the incitement of the public against the federal government.

It is another dangerous dimension by people who are afraid that they may lose their elections.

Everybody is aware that there is a lot of pressure on everyone-all of us- the party, its elected officials, its candidates and law enforcement agencies following the way the currency swap has gone but the way to go is not to panic.

There is indeed a problem and nobody will pretend that it doesn’t exist.

It is precisely because the President is concerned with this problem that he opened several avenues for consultation with leaders and groups across the country, culminating in his broadcast to the nation on Thursday morning.

In line with the speech, his clear and unequivocal directive is that the problem of cash supply must be addressed without delay.

While this is being done, there is no need to panic. We need to work together as leaders; as a people and as one nation. When panic hits, people go into overdrive. Shouting helps no one because no one can listen.

The solution to the problem is not in sending Nigerians into confusion.

Elections, just a week ahead, will hold and Nigerians will vote for the All Progressives Congress, APC, (and any others if they so wish) on the basis of their choice.

Our people want progress, good governance, law and order and will not be swayed by the negative energy that is being expended against a well-meaning currency change.

Finally, to state that: the President clearly has a favoured successor in Asiwaju Bola Tinubu, is not in doubt.

The fact that Tinubu has been opposed to the speed and timing of the Naira swap timetable does not mean he is against the idea of Nigeria becoming a cashless society. Of course, Tinubu does support a cashless society: for he is a man of the future.

What should be made crystal clear to the doubters and the speculators and the untruth-tellers is that in no way was the naira swap “engineered” to keep the President in office beyond May 29. Nothing could be further from the truth.

The President looks forward to handing over the reins of power to his elected successor. This will happen on May 29, 2023 as the Constitution requires it.

The days of unelected Nigerian leaders, and those who outstay their welcome by unconstitutionally extending it, have gone.

Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

Related Posts:

  • Garba Shehu
    Secession: Presidency slams Northern Elders Forum,…
  • D'Banj
    D’Banj arrested and detained over N-Power fraud allegations
  • Kodak 1
    Kodak Stock Crashes as $765M loan was put on hold…
  • 20240924_225746
    EFCC Invites Bobrisky, VeryDarkMan over bribery…
Previous Post

We didn’t authorize banks to collect old N500 and N1,000 banknotes – CBN

Next Post

AXA Mansard Board of Directors approve dividend for 2022 Financial year

Next Post
AXA Mansard Board of Directors approve dividend for 2022 Financial year

AXA Mansard Board of Directors approve dividend for 2022 Financial year

Please login to join discussion
  • Trending
  • Comments
  • Latest
Resolutions approved at PZ Cussons Nigeria Plc’s 72nd AGM

PZ Cussons Nigeria Plc to pay over N4 billion final dividend for 2021/2022 FY

US deficit grows to US$291 billion in July – Reports

President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

List of Active Stockbrokers on NSE: Is Your Stockbroker Active?

How to become a distributor of Dangote Cement

How to become a distributor of Dangote Cement

TotalEnergies and AMNI sign US$800m FID for Ima gas field development

TotalEnergies and AMNI sign US$800m FID for Ima gas field development

Ebola outbreak: Nigeria introduces health declaration forms for travellers

Ebola outbreak: Nigeria introduces health declaration forms for travellers

Police Officers who ran over handcuffed man in Ekpoma arrested

Osun State House of Assembly becomes first to approve state police

Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved