Ndigbo And Outcome Of PDP Presidential Primaries

 By Ikechukwu Amaechi

It is no longer news that when Nigerians return to the polls in February 2023 to elect a president for their beleaguered country, former Vice President, Atiku Abubakar, will fly the flag of the Peoples Democratic Party, PDP. At the PDP presidential primaries held at the Moshood Abiola National Stadium, Abuja on Saturday, May 28, Atiku clinched the party ticket with 371 votes.

Nyesom Wike, Rivers State governor, polled 237 votes; Bukola Saraki, former Senate President, got 70 votes; Bala Mohammed, Bauchi State governor, garnered 20 votes; Udom Emmanuel, Akwa Ibom State governor secured 38 votes; Pius Anyim, former Senate president and Secretary to the Government of the Federation, SGF, secured 14 votes, and Mazi Sam Ohuabunwa, renowned pharmacist and boardroom impresario, secured one vote.

Why Nigeria’s Economic Recovery Is Slowing Down

By Mazi Sam Ohuabunwa

Ordinarily there should be so much going for Nigeria’s economy. Production of crude oil at about 2 million barrels per day at a good price of about 70 dollars per barrel is yielding good foreign exchange for the Nation, helping to boost foreign reserves which today stand at about 47.25 Billion dollars. Inflation has continued to decline steadily over several months coming to the current level of 11.4% as the CBN and its MPC retain monetary policy index at a tight stance.

*President Buhari and Finance Minister Adeosun 

 Also some great effort is being made at the economic management level to pursue the Nigeria Economic Recovery and Growth   plan( NERGP). Additionally, some improved liquidity has been noticed in terms of funding Nigeria’s infrastructure projects, combining oil revenue,tax heist with a large dose of debt from sundry sources.