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Atiku’s Exit: Panic in APC as Mass Defection Looms

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  • Atiku’s Exit: Panic in APC as Mass Defection Looms

There were fears among the All Progressives Congress chieftains on Friday, following the defection of former Vice-President Atiku Abubakar from the ruling party.

Checks revealed that although the APC was expecting Atiku’s exit, it dawned on it on Friday that the former vice-president’s action could lead to mass defection from the ruling party.

It was learnt that the fears were worsened by the feeling of some leaders of the party that the fate of the Peoples Democratic Party in 2014 could befall the APC before the 2019 elections.

In 2014, the PDP was weakened following the exit of some governors and National Assembly members, including a former Kano State Governor, Rabiu Kwankwaso; ex-Rivers State Governor, Rotimi Amaechi; Senator Bukola Saraki, and the then Speaker of the House of Representatives, Aminu Tambuwal.

Chieftains of the APC on Friday, said although the ruling party had been waiting for Atiku’s defection, it was uncomfortable with the fact that there were many aggrieved members who would soon dump the party in power.

One of the party leaders cited Kwankwaso and a former Lagos State governor, Asiwaju Bola Tinubu, as two of those who were not happy with the way the party was being run.

He said more than two years after coming to power, President Muhammadu Buhari had not made appointments that would bring into government those who worked for his election.

The chieftain also said that associates of the President including the Chief of Staff, Mr. Abba Kyari and Buhari’s nephew, Maman Daura, “have constituted themselves into a powerful cabal. They take key decisions in this government. Those who ensured Buhari’s election have been sidelined. If the APC and the Presidency dismiss Atiku’s defection, they are not realistic. There are fears that the party may crumble. Apart from the Minister of Women Affairs, Aisha Alhassan, there are other appointees of this government that are supporters of Atiku.”

APC instituted regime of draconian clampdown in govt and party –Atiku

In a statement on Friday morning, Atiku explained why he left the APC. He said that while other parties had purged themselves of the arbitrariness and unconstitutionality, the ruling party adopted same practices.

He stated that the ruling party had instituted “a regime of a draconian clampdown on all forms of democracy within the party and the government it produced.”

Atiku disclosed the decision to leave the ruling party in a statement he personally signed.

He went down memory lane to recall that on December 19, 2013, he hosted members of the APC in his house in Abuja.

He said the party members were there to appeal to him to join the APC after he left the PDP because of the crisis emanating from the special convention of the former ruling party on August 31, 2013.

He recalled that he and several of his loyalists were left in limbo at the time the APC came calling.

Atiku said, “It was under this cloud that members of the APC made the appeal to me to join their party, with the promise that the injustices and failure to abide by its own constitution which had dogged the then PDP, would not be replicated in the APC and with the assurance that the vision of the founding fathers, which I had for the PDP, could be actualised through the All Progressives Congress.

“It was on the basis of this invitation and the assurances made to me that I, being party-less at that time, due to the fractionalisation of my party, accepted on February 2, 2014, the hand of fellowship given to me by the All Progressives Congress.

“On that day, I said ‘it is the struggle for democracy and constitutionalism and service to my country and my people that are driving my choice and my decision” to accept the invitation to join the All Progressives Congress.”

Explaining the reason behind his decision to leave the APC, Atiku said events, which unfolded soon after the party took power, proved his earlier optimism was misplaced. He said like any other human and many other Nigerians, he was fallible.

To buttress his point, the former vice-president said, “Only last year, a governor produced by the party wrote a secret memorandum to the President which ended up being leaked. In that memo, he admitted that the All Progressives Congress had ‘not only failed to manage expectations of a populace that expected overnight ‘change’ but has failed to deliver even mundane matters of governance.”

“Of the party itself, that same governor said, ‘Mr. President, sir your relationship with the national leadership of the party, both the formal (NWC) and informal (Asiwaju Bola Tinubu, Atiku Abubakar, Rabiu Musa Kwankwaso), and former governors of ANPP, PDP (that joined us) and ACN, is perceived by most observers to be at best frosty. Many of them are aggrieved due to what they consider the total absence of consultations with them on your part and those you have assigned such duties.”

He expressed disappointment that since the memorandum was written, nothing had been done to address the issues raised in it till this day.

Atiku accused the party of making false promises especially to those who were invited to join.

“More importantly, the party we put in place has failed and continues to fail our people, especially our young people. How can we have a federal cabinet without even one single youth?

“A party that does not take the youth into account is a dying party. The future belongs to young people,” he said.

Atiku noted that he and the others who accepted the invitation to join the APC were eager to make positive changes for the country but that “we fell for a mirage.”

He further explained that he arrived at the decision to leave the APC after due consultation with his God, family, supporters and the Nigerian people from all walks of life.

It is not surprising –NWC member

Reacting to the development, the APC National Vice -Chairman (South-South), Hilliard Eta, said via the telephone that Atiku’s resignation did not come to most party members as a surprise.

He said, “It does not come to us as a surprise because it has been in the media long before now that he is leaving to join the PDP. All the drama is not necessary.”

In a response to a question on whether the party would miss the ex-vice president, he said, “Well, you cannot say one will not miss a person of the status of a former vice president, but I doubt if his absence from the APC will adversely affect our electoral fortunes.”

A member of the party’s National Working Committee, who spoke on condition of anonymity, said, “It has been long in coming. He complained secretly and in the open. He was ignored.

“Instead of seeking to address his concerns, hawks within the government went after his business interests. If you are in his shoes, what will you do?

“There are issues no doubt and I have yet to see any genuine efforts address these issues.”

Another NWC member, who also spoke on condition of anonymity, said, “The former VP has his supporters within the party. Some were just waiting for him to lead and they will follow. As elections approach, there are people that will definitely leave and we expect others to also join us. You can’t stop this from happening. That is the nature of politics.”

We’re waiting to see number of people that will follow him –APC

When contacted, the APC National Publicity Secretary, Mallam Bolaji Abdullahi, said, the party was waiting to see the number of people that would follow Atiku.

He stated, “A loss of fortune is in numbers. If we are able to see the number of people that would follow the former Vice-President to his new party that is when we will begin to worry, but we have not seen that. So, when we see, we will know whether we need to worry or not. It is about the number.”

Abdullahi, who said politics was about interest, stated that the party had not got any formal notification of Atiku’s resignation.

According to him, “If the former vice-president feels that his interest is better served elsewhere, we can always wish him good luck.

“For us, the task of building a political party is not a day’s job. It is a marathon and it takes many years and we will continue to improve our system until we are able to get the kind of party that we want to really build.

“It takes many years to build a strong political party. In a new party, you find some people are happy, some people are not so happy and everybody would have to take their decisions at some point. So, we don’t have anything to say rather than to wish the former vice-president good luck.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Government

COVID-19 Vaccine: African Export-Import Bank (Afrexim) to Purchase 270 Million Doses for Nigeria, Other African Nations

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African Export-Import Bank (Afrexim) Approves $2 Billion for the Purchase of 270 million Doses for African Nations

African Export-Import Bank (Afrexim) said it has approved $2 billion for the purchase of 270 million doses of COVID-19 vaccines for African nations, including Nigeria.

Prof. Benedict Oramah, the President of the Bank, disclosed this at a virtual Africa Soft Power Series held on Tuesday.

He, however, stated that the lender is looking to raise more funds for the COVID-19 vaccines’ acquisition.

He said: “The African Union knows that unless you put the virus away, your economy can’t come back. If Africa didn’t do anything, it would become a COVID-19 continent when other parts of the world have already moved on.
“Recall that it took seven years during the heat of HIV for them to come to Africa after 12 million people had died.

“With the assistance of the AU, we were able to get 270 million vaccines and financing need of about $2 billion. Afreximbank then went ahead to secure the $2 billion. But that money for the 270 million doses could only add 15 per cent to the 20 per cent that Covax was bringing.

He added that this is not the time to wait for handouts or free vaccines as other countries will naturally sort themselves out before African nations.

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China Calls for Better China-U.S. Relations

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China Calls for China-U.S. Relations

Senior Chinese diplomat Wang Yi said on Monday the United States and China could work together on issues like climate change and the coronavirus pandemic if they repaired their damaged bilateral relationship.

Wang, a Chinese state councillor and foreign minister, said Beijing stood ready to reopen constructive dialogue with Washington after relations between the two countries sank to their lowest in decades under former president Donald Trump.

Wang called on Washington to remove tariffs on Chinese goods and abandon what he said was an irrational suppression of the Chinese tech sector, steps he said would create the “necessary conditions” for cooperation.

Before Wang spoke at a forum sponsored by the foreign ministry, officials played footage of the “ping-pong diplomacy” of 1972 when an exchange of table tennis players cleared the way for then U.S. President Richard Nixon to visit China.

Wang, a Chinese state councillor and foreign minister, said Beijing stood ready to reopen constructive dialogue with Washington after relations between the two countries sank to their lowest in decades under former president Donald Trump.

Wang called on Washington to remove tariffs on Chinese goods and abandon what he said was an irrational suppression of the Chinese tech sector, steps he said would create the “necessary conditions” for cooperation.

Before Wang spoke at a forum sponsored by the foreign ministry, officials played footage of the “ping-pong diplomacy” of 1972 when an exchange of table tennis players cleared the way for then U.S. President Richard Nixon to visit China.

Wang urged Washington to respect China’s core interests, stop “smearing” the ruling Communist Party, stop interfering in Beijing’s internal affairs and stop “conniving” with separatist forces for Taiwan’s independence.

“Over the past few years, the United States basically cut off bilateral dialogue at all levels,” Wang said in prepared remarks translated into English.

“We stand ready to have candid communication with the U.S. side, and engage in dialogues aimed at solving problems.”

Wang pointed to a recent call between Chinese President Xi Jinping and U.S. President Joe Biden as a positive step.

Washington and Beijing have clashed on multiple fronts including trade, accusations of human rights crimes against the Uighur Muslim minorities in the Xinjiang region and Beijing’s territorial claims in the resources-rich South China Sea.

The Biden administration has, however, signalled it will maintain pressure on Beijing. Biden has voiced concern about Beijing’s “coercive and unfair” trade practices and endorsed of a Trump administration determination that China has committed genocide in Xinjiang.

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U.S. Supreme Court Allows Release of Trump Tax Returns

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

U.S. Supreme Court Allows Release of Trump Tax Returns

The U.S. Supreme Court on Monday paved the way for a New York City prosecutor to obtain former President Donald Trump’s tax returns and other financial records as part of a criminal investigation, a blow to his quest to conceal details of his finances.

The justices without comment rebuffed Trump’s request to put on hold an Oct. 7 lower court ruling directing the former Republican president’s longtime accounting firm, Mazars USA, to comply with a subpoena to turn over the materials to a grand jury convened by Manhattan District Attorney Cyrus Vance, a Democrat.

“The work continues,” Vance said in a statement issued after the court’s action.

Vance had previously said in a letter to Trump’s lawyers that his office would be free to immediately enforce the subpoena if the justices rejected Trump’s request.

A lawyer for Trump did not immediately respond to a request for comment.

The Supreme Court, which has a 6-3 conservative majority included three Trump appointees, had already ruled once in the dispute, last July rejecting Trump’s broad argument that he was immune from criminal probes as a sitting president.

Unlike all other recent U.S. presidents, Trump refused during his four years in office to make his tax returns public. The data could provide details on his wealth and the activities of his family real-estate company, the Trump Organization.

Trump, who left office on Jan. 20 after being defeated in his Nov. 3 re-election bid by Democrat Joe Biden, continues to face an array of legal issues concerning his personal and business conduct.

Vance issued a subpoena to Mazars in August 2019 seeking Trump’s corporate and personal tax returns from 2011 to 2018. Trump’s lawyers sued to block the subpoena, arguing that as a sitting president, Trump had absolute immunity from state criminal investigations.

The Supreme Court in its July ruling rejected those arguments but said Trump could raise other objections to the subpoena. Trump’s lawyers then argued before lower courts that the subpoena was overly broad and amounted to political harassment, but U.S. District Judge Victor Marrero in August and the New York-based 2nd U.S. Circuit Court of Appeals in October rejected those claims.

Vance’s investigation, which began more than two years ago, had focused on hush money payments that the president’s former lawyer and fixer Michael Cohen made before the 2016 election to two women – adult-film actress Stormy Daniels and former Playboy model Karen McDougal – who said they had sexual encounters with Trump.

In recent court filings, Vance has suggested that the probe is now broader and could focus on potential bank, tax and insurance fraud, as well as falsification of business records.

In separate litigation, the Democratic-led U.S. House of Representatives was seeking to subpoena similar records. The Supreme Court in July sent that matter back to lower courts for further review.

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