Connect with us

Government

Malaysia’s Najib Wins By-Elections, Boosting Grip on Party

Published

on

Malaysia Najib Razak

Malaysian Prime Minister Najib Razak’s coalition won a pair of by-elections on Saturday with bigger majorities, helping him solidify his grip on power.

Voters in Sungai Besar in Selangor state and Kuala Kangsar in the northern Perak region opted to keep ruling party lawmakers in the seats, with wider majorities than the 2013 federal election, according to the Election Commission.

The polls came after a helicopter crash last month killed incumbents from Najib’s United Malays National Organisation.

The vote was the first test of public support for Najib on peninsular Malaysia after a year of political turmoil over funding scandals. The size of the wins suggests Najib retains support within the broader Barisan Nasional coalition led by UMNO.

Lower Turnout

Still, turnout in the semi-urban constituencies was between 71 and 74 percent for the two seats, lower than the Election Commission’s forecast of 75 percent and shy of levels above 80 percent recorded in 2013. That was due to voters living in other cities and outside Malaysia who didn’t return to cast a ballot, official news agency Bernama said, citing EC Chairman Mohd Hashim Abdullah.

Former leader Mahathir Mohamad has recently lost traction in his bid to convince party officials that Najib is a liability and will cost them a reign unbroken since 1957. Most UMNO divisional chiefs back the premier, even amid concerns about slowing growth and its impact on ethnic Malays, the cornerstone of the party.

“Najib desperately needs these wins,” said Ahmad Martadha Mohamed, dean of the college of law, government and international studies at Universiti Utara Malaysia. “It will validate his position that despite all the problems he’s facing, they are able to win. Otherwise, his status will be in the balance, especially as president of UMNO.”

Sarawak Win

Barisan Nasional also secured a bigger majority in recent elections in Malaysia’s biggest state of Sarawak, but the vote across the South China Sea on Borneo island was dominated by local issues. Voters on the peninsula are more attuned to the turmoil surrounding the premier.

Najib, 62, has battled graft accusations since July, and denies wrongdoing. He was cleared by the attorney general this year over revelations that $681 million appeared in his accounts before the 2013 election. The money was a donation from the Saudi royal family and most was later returned, the government said. The premier has also been embroiled in probes into the finances of troubled state fund 1Malaysia Development Bhd.

Ministers in Najib’s cabinet made daily trips to the two constituencies before election day, shaking hands and at times handing out bags of rice and other aid to the poor. They sought to counter an opposition focusing on questions about Najib’s credibility. In a Twitter post on Friday, Najib told voters not to taken in by what he called the opposition’s games.

‘Better Access’

“I support the opposition more than BN, but you have to also think about who has better access to the government, who can get more things done and who can improve your life,” said Mei, an ethnic Chinese fruit seller in Sekinchan town in Sungai Besar who would give only a partial name. “You have to look out for your own interests, and not what the prime minister did or didn’t do.”

A divided opposition made it easier for BN coalition to win, and the presence of multiple candidates assisted it.

Two opposition groups ran against UMNO for both seats, while an independent candidate turned Kuala Kangsar into a four-cornered battle. UMNO won Sungai Besar in 2013 in a straight fight, and Kuala Kangsar in a three-way race, both by narrow margins.

UMNO retained the Sungai Besar seat by 9,191 votes, compared with a 399 vote majority in 2013. In Kuala Kangsar, its candidate — the widow of the parliamentarian who died in the helicopter crash — had 6,969 more votes than her nearest rival even though her Islamic mourning period meant she couldn’t campaign in public.

Racial and religious issues are coming to the fore of Malaysian politics, including the past two weeks of campaigning. UMNO, in power since independence, won the 2013 ballot by its slimmest-ever result as Chinese and Indian electors deserted Najib’s coalition.

Since then, Najib has wooed the Malay majority. He’s reached out to the opposition Parti Islam se-Malaysia and proposed they work to promote Islam’s doctrines. PAS, which is pushing for the Islamic penal code to be implemented in a state it controls, also competed on Saturday.

Under PAS’s hudud laws, adulterers and apostates could face death by stoning, while those found guilty of theft could have their hands amputated.

About 68 percent of voters in Kuala Kangsar are Malay, 24 percent are Chinese, and Indians and other ethnicities make up the rest, according to the Bernama news agency. In Sungai Besar, Malays make up about 67 percent of voters, while 31 percent are Chinese and the rest minority groups.

“The infighting within the opposition dampened the mood,” said Ibrahim Suffian, an analyst at the Merdeka Center for Opinion Research in Kuala Lumpur. “A lot of young voters, the outstation voters just didn’t come back to vote, there is a lot of disillusionment,” he said.

“Many Chinese are not happy with the way the opposition has been going. BN has used the infighting to their advantage, and Najib is on much firmer ground than he was just after the general elections in 2013 even with the 1MDB issues,” Ibrahim said.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Government

Ibom MRO to Bring in Forex to Nigeria 

Akwa Ibom State to open a cutting-edge smart terminal building at the Victor Attah International Airport

Published

on

U.S dollar - Investors King

The governor of Akwa Ibom State, Governor Udom Emmanuel, has announced that the state is close to opening a cutting-edge smart terminal building at the Victor Attah International Airport and that this will generate foreign exchange for Nigeria. 

Investors King has also learnt that an MRO facility for aircraft would be operational from January.

This comes on the heels of praise from his Edo State counterpart, Gov. Godwin Obaseki, who attended the Tuesday reception in Uyo for two additional A320-200 Airbus aircraft that the state’s Ibom Air fleet had leased from a European company.

Speaking at the event, the governor of Akwa Ibom said that while there were already efforts underway to persuade the government to lease the MRO, the MRO is an investment because it was built with naira, despite its current depreciation, and will therefore generate income.

The Akwa Ibom governor said “Our terminal building is world-class in Africa, our MRO is world-class. If you find one today in the entire Gulf of Guinea, tell me I’ll disassemble this one and build another.

“Look at our MRO; what you see here can accommodate two 747 aircraft as well as eight CRJ aircraft, which we are flying for servicing at the same time.”

“This is the only MRO in this part of the world today, and these facilities are not built with local currency, but we are building this MRO with naira that has no value.”

“I invest in areas where we can see a return on our money. Right now without blinking an eye, I can make over $ 30 million with this MRO if we decide to sell but we are not selling, we will make a foreign exchange from this investment.

“Airbus is on us to come and lease our MRO for all their regional flights, but we are not selling.

“We are going to open up this place ( MRO facility) from January next year for commercial activities and we are going to earn in dollars.”

He thanked Ibom Air’s Board of Directors, Management, and Staff for making him proud, emphasising that “they have done very well.”

Gov. Obaseki, who spoke at the event, stated that Akwa Ibom has become the country’s flagship state for its efforts to invest in and make significant strides in the aviation sector.

Obaseki described Akwa Ibom as the country’s flagship state for its efforts to invest in and expand the aviation sector. “Ibom Air is always completely booked.” Let me thank you on behalf of Nigerians,’’ Obaseki said.

In his remarks, the Managing Director of Ibom Airlines., Mr Mfon Udom announced plans to begin regional flights in 2023.

Udom said the new addition to the fleet of Ibom Air would expand its carrying capacity and boost employment opportunities in the state by 40 per cent.

“With this new capacity coming on board, we are delighted to inform our passengers that we have increased our offerings, providing more frequencies for their convenience.

“The Uyo-Lagos and Uyo-Abuja routes now have three frequencies each every weekday, while our Lagos-Abuja passengers will have seven frequencies to choose from both ways, every weekday,’’ he said.

Continue Reading

Government

Lagos State Boosts Food Supply With Mass Sale of Rice and Cooking Oil

LAISA has commenced the massive sale of rice and soya bean vegetable oils ahead of the December festival

Published

on

bags of rice

Lagos state government through the Lagos State Agricultural Inputs Supply Authority (LAISA) has commenced the massive sale of rice and soya bean vegetable oils ahead of the December festival.

The sale which is taking place at different locations in the state is already attracting massive buyers. 

According to the General Manager of LAISA, Mr Bolaji Balogun, places where potential buyers can get the products include New Farm Service Oko-Oba Centre, and Gengeto Bus stop, Abeokuta Road, Lagos.

While speaking to the press, Balogun disclosed that available products include 50kg of rice and 1-3 litres of soya vegetable oil all sold at affordable prices. 

The GM added that the food sale event was a response to the yearnings of Lagosians who demanded affordable rice and cooking oil for the yuletide festival. 

He noted that several people came to LAISA stand for the request at the just concluded Lagos Trade Fair. 

Investors King understands that the Lagos State Agricultural Inputs Supply Authority (LAISA) was established with the mandate to boost food supply in the state and also provide the necessary support such as farm tools to farmers. 

” As a responsible agency of government, LAISA will continue to provide customers/farmers with high quality and healthy food supply at affordable prices as and when available. We also intend to continue to support and encourage farmers on the best farming practice as well,” Balogun noted. 

Meanwhile, the Federal Government has replied to a statement credited to the International Monetary Fund (IMF) that Nigeria will face food crisis in 2023.

The Federal Ministry of Agriculture and Rural Development opposed the position of the global financial institution stating that Nigerians should not panic nor worry about the projection. 

The ministry added that several measures had been put in place to forestall any scarcity of food in Nigeria. 

It added that the government had approved a five-year tax break as an incentive to encourage private investments in the agricultural sector and increased food production, processing and marketing.

Continue Reading

Government

U.S 2024 Elections: Donald Trump Declares For President

Former President of the United States, Donald Trump has once again showcased interest to seek the oval office after he failed re-election in 2020.

Published

on

President Trump Signs Executive Order In Oval Office Of The White House

Former President of the United States, Donald Trump has once again showcased interest to seek the oval office after he failed re-election in 2020. Trump will be expected to tussle the Republic ticket with other potential nominees. 

At his private beach on Tuesday night, Trump said “In order to make America great and glorious again, I am tonight announcing my candidacy for president of the United States”. 

Trump’s ambition might however not be “Uhuru” as his party, the Republican failed to perform as expected in the midterm election. Although the Republican has been projected to win the majority seats in the house, the party, however, lost the senate including key states. 

In addition, the former US president will likely face stiff opposition from his party as potential co-contestants include his former Vice President Mike Pence and the Governor of Florida Ron DeSantis, who won a resounding reelection victory on November 8.

Unfazed by the opposition and confident in his large following, Trump said “This is not a task for a politician or a conventional candidate. This is a task for a great movement.”

Investors King could recall that in 2020, Donald Trump lost to Joe Biden (Democrat). 

After his exit from office, there have been a number of investigations into his conduct before, during and after his first term as president which could ultimately result in his disqualification.

He is also investigated for inciting violence which led to the drastic attack on the Capitol building on January 6, 2021.

Meanwhile, analysts and observers are divided on Trump’s potential comeback. 

The mid-term election result shows that voters rejected candidates who backed Trump’s baseless claims of election fraud in 2020, and many of his high-profile picks for office struggled or lost out in the race. 

It could be recalled that Donald Trump alleged manipulation in the 2020 presidential election which produced President Joe Biden. Trump claimed he was rigged out and tried to establish a conspiracy to back up his claim.

Continue Reading
Advertisement
Advertisement




Advertisement
Advertisement
Advertisement

Trending