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    SEC approves 7 NGX’s Derivative Contracts, to launch first ETD in west Africa

    SEC warns Nigerians against Forsman & Bodenforms Ltd, says operations are fraudulent

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

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    Breaking: Iran launches missiles at US bases in the Middle East

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    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

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    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

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    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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Presidency reacts to Interim Government allegations

Friday, 17 February 2023, 6:25 pm
in News, Nigeria
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Presidency reacts to Interim Government allegations
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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

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