I’ll inherit huge debt profile, empty treasury – Buhari

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LAGOS — PRESIDENTIAL candidate of the All Progressives Congress, APC, has said that he would inherit a huge debt profile and empty treasury if elected president, expressing confidence that his wealth of experience would assist in turning the situation around.

He also stated that his party’s economic policies are conceived to be people-centred, adding that the country would for the first time in over three decades experience a truly pro-people Federal Government if elected.

Buhari said this in a statement by the Director of Media and Publicity of the APC Presidential Campaign Organisation, APCPCO, Malam Garba Shehu.

His words: “It is crystal clear that our revenues are dwindling by the day and if we must survive, we cannot continue on this path of near absence of accountability, mismanagement, outright waste and jamboree that has characterised the management of public resources under the Jonathan-led PDP government.

“We can assure the mass of Nigerian people that help is on the way. We know that an APC controlled Federal Government will obviously inherit a huge debt profile and an empty treasury from this PDP Federal Government. We are confident of turning the situation around.

“It is apparent that the Federal Government has suddenly found itself in a bind with plummeting crude oil prices in the international market, but typical of a team that lacks capacity for anticipatory actions, the Federal Government has been running from pillar to post in a vain bid to stabilize the economy.

“Unfortunately, all conceived palliatives applied to save the nation’s declining economic indicators have merely scrapped the surface of the problems leaving the mass of Nigerians desperate, confused and hungrier.

“With external debt standing at more than $10 billion and our internal debts at more than $50 billion, it is without doubt that President Jonathan is driving Nigeria into economic wilderness. This should be a cause for concern for all well-meaning Nigerians, more so when the Federal Government responses to these rising economic challenges have, at best, been casual.

“Emblematic of this casual, non profound approach to the management of the national economy is the Central Bank of Nigeria’s devaluation of the national currency in November 2014 while retaining the Retail Dutch Auction System (RDAS).\

“Dramatically, just under three months after that devaluation, the CBN, obviously buffeted by unanticipated dynamics in the foreign exchange market, announced the closure of the RDAS and the Wholesale Dutch Auction System (WDAS). This shows clearly an uncoordinated template in the management of the national economy.”

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Black Hamlet Ladi Emeruwa leads Shakespeare’s Globe tour to Lagos

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Read Time:2 Minute, 43 Second

Much as year 2015 is expected to witness great stage performances, theatre lovers are billed to witness what can be described as the mother of all drama as an international theatrical ensemble Hamlet Globe to Globe from United Kingdom hits the city of Lagos with William Shakespeare’s ‘Hamlet’. The Hamlet Globe to Globe tour which opened at Shakespeare’s Globe, London, on 23 April 2014, is scheduled to tour every single country on earth for over 2 years, now berths Nigerian soil on 4th and 5th March 2015 at the Muson Centre, Onikan and St. Saviour’s School, Ikoyi, Lagos.

Hamlet Globe to Globe tour is a drama composition of British born Bill Barclay, designed by Jonathan Fensom and directed by Globe’s Artistic Director, Dominic Dromgoole and Bill Buckhurst. It is a seventeen man cast and crew comprising twelve actors and five stage managers with a Nigerian actor, Ladi Emeruwa, who shared role of Hamlet together with international cast and crew that has traveled by boats, train, jeeps, tall ships, buses and aeroplanes across 7 continents to perform over 2 dozen parts on a stripped-down booth stage.

The cast is using a completely portable set to stage a Hamlet that celebrates all the exuberance and invention of Shakespeare’s language in a brisk two hours and forty minutes play. In the play, “Prince Hamlet who was away, learning of his father’s death comes home to find his uncle married to his mother and installed as a king on the Danish throne. At night, the ghost of the old king appeared to Prince Hamlet and demands that he avenge his ‘foul and most unnatural murder.”

Ladi Emeruwa playing the role of Hamlet is a Nigerian born British actor who studied law at University of Bristol U.K before pursuing a career in acting at London Academy of Music and Dramatic Arts (LAMDA). He recently starred as Brutus in LAMDA’s another Shakespeare’s play Julius Caesar at Wilton’s Music Hall and tour in Paris.

His entrant into Nigeria soil leading the Shakespeare’s Globe theatrical ensemble with the strong language of Shakespeare’s political intrigues, sexual obsession, philosophical reflection and violent actions embedded in the play coincided at this point in time the current political situation in the country today. The second performance at St. Saviours’ School Ikoyi which is Ladi’s alma matter is much a welcome back fete for the school and students he adore much.

Hamlet Globe to Globe tour which opened at Shakespeare’s Globe, London, in April 2014 has performed in almost 80 countries across the America, Europe and Africa to more than 70,000 audiences. It is scheduled to tour every single country on earth for a period of 2 years and will end on the April 23, 2016, marking the 400th anniversary of Shakespeare’s death.

The first African performance was held in Algeria’s National Theater followed by subsequent shows in Egypt, Tunisia, Ethiopia, Sudan, Somalia, Rwanda, Burundi, Kenya and Uganda. Nigeria’s appearance is the 79th out of 205 countries billed to host this nolstagic epic stage.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Omenka storms Cape Town Art Fair with his best four

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It is going to be a real showcase for South Africa’s and the continent’s fast growing and vibrant contemporary art economy as the 2nd edition of the Cape Town Art Fair kicks off in South Africa. And in line with its mission of ensuring sustainable presence for African art within a global context, one of the leading art gallery in Nigeria, Omenka gallery will from February 26 to March 1, participate in the Art Fair scheduled to hold at the Avenue, V & A Waterfront, Cape Town.

Omenka will present recent works by four leading contemporary African artists Joel Mpah Dooh (Cameroon), Duke Asidere (Nigeria), Gerry Nnubia (Nigeria), and Ndidi Emefiele (Nigeria). The four artists differ in their primary point of investigation.

Among them, Joel Mpah Dooh is preoccupied with experimentation and has enjoyed international critical acclaim with his paintings and multi-med

ia works.

The artist is inspired by the tactile reality of his environment though he is mostly an inner traveler. Mpah Dooh works on paper, canvas, corrugated iron and most recently acrylic sheets, while incorporating earth, paints, clay, packaging, wood, and chalk to explore the fragility of individual human identity and how we reinvent ourselves while moving and evolving in the city.

Asidere’s work engages contemporary African politics. Through visual metaphors, the artist comments on the everyday human drama that surrounds him; political, social, psychological or cultural. Furthermore, he adds an element of surprise to these sketches of human drama by infusing them with irony and humour.

 

Asidere’s broad oeuvre ranges from headless or limbless figures and faces of strangely hybrid beings to densely populated urban landscapes, accentuated with thick strokes of vivid colour.

 

He has recently turned to car enamel paint, which he applies with a spray gun to produce emotionally charged works that retain figurative subject matter, and at the same time emphasize abstract qualities. Perhaps the most distinguishing characteristic of Asidere’s style is his simplicity of form and expressive line, which he achieves with an economy of means.

Gerry Nnubia offers critical possibilities for painting, and explores the tensions between form and formlessness vital to the tenets of modernism with his “acrylic flow”. Nnubia’s technique involves the skillful manipulation of his medium to a liquid viscous flow often assimilating accidental occurrences and temperature adjustments, depending on the effect sought.

Emefiele also adopts the historic practice of using the human figure symbolically, dating back to the sculptures and paintings of ancient Egyptians, whose “god-like” pharaoh was often depicted much larger than ordinary mortals, his erect, stiff posture signifying his unyielding majesty and authority.

The heads of her female figures are large, bearing semblance to those of traditional Yoruba sculptures, carved disproportionately to other parts of the human body to emphasize its function as the seat of wisdom, upon which the destiny of an individual is carried. Here, the female body becomes a contested site and an important source of information, through which she challenges established notions of beauty.

Overall, the exhibition has a strong contemporary outlook and engages the traditions of African art history, resulting in iconic imagery that captures intense and challenging moments. Omenka is a leading art gallery in Nigeria and represents a fine selection of established and emerging contemporary African and international artists working in diverse media.

Omenka participates in major events like Art Dubai, Joburg Art Fair, Cape Town Art Fair, Cologne Paper Art, Docks Art Fair, Lyon, LOOP, Barcelona, Art14, and 1:54 Contemporary African Art Fair. Additionally, Omenka encourages a cross fertilization of ideas by collaborating with leading galleries across the world to bring the work of many international artists to Nigeria, often for the first time. Omenka Gallery also organizes several workshops and residencies to encourage curatorial and professional artistic development.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Jonathan told to publish forensic audit report of missing $20bn in NNPC

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Abuja – The All Progressives Congress Presidential Campaign Organisation (APCPCO) has challenged President Goodluck Jonathan, and his Peoples Democratic Party (PDP) government, to live up to their flaunted belief in the rule of law and due process, public probity and accountability, by acceding to the request of the National Assembly to submit the forensic audit report from KPMG on the missing $20 billion and go ahead to publish same in mainstream newspapers for Nigerians to assess or query the degree of transparency involved in the controversial transaction.

“Why should the President and the PDP develop the feet of clay like an immovable Colossus when the representatives of the people in the National Assembly asked for copies of the forensic audit report, which public outcry forced the government to procure in the first place?” queried Malam Garba Shehu, APCPCO Director of Media and Publicity in a signed statement on Monday in Abuja.

“So many respected experts on the national economy have condemned the wanton waste of the country’s hard currency earnings at the Nigerian National Petroleum Corporation (NNPC). Worse still, those in charge have treated Nigerians with impunity by hiding the facts relating to petro-dollar trade from the taxpayers. Some of them have been gallivanting and globe-trotting around the world in luxury while their compatriots languish in poverty and squalor,” Shehu said.

The APCPCO Spokesman questioned the audacity of the President, PDP and NNPC in disobeying the NASS request to scrutinise the KPMG audit of an alleged grossly corrupt government agency (NNPC).

“Is the NNPC a sacred cow? And should the President be an umpire in a game to which he’s a contender, or a judge in his own case?” Shehu queries.

“Is the President and his Petroleum Minister telling Nigerians that no wrong has been done in terms of stealing of public funds? If corruption was established in any form, is anyone listed for punishment? It is pertinent to put all these information in the public domain for third party verification. The KPMG report funded by taxpayer’s money is itself a public property. And until this is done, the NNPC under Jonathan shall remain in public consciousness the abattoir for corruption, immodesty, dishonesty and impunity.”

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Amaechi, Fani-Kayode trade insults on television

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Read Time:2 Minute, 14 Second

The Rivers State Governor and Director General of the All Progressives Congress Presidential Campaign Organisation, Rotimi Amaechi, and a former Minister of Aviation and Director of Media and Publicity of Peoples Democratic Party Presidential Campaign Organisation, Femi Fani-Kayode, targeted diatribes at each other Sunday, exchanging abuses on television.

Messrs Amaechi and Fani-Kayode were guests on a Channels Television programme, Politics Today.

Speaking first, Mr. Amaechi had dismissed Mr. Fani-Kayode as someone who “does not have credibility”.

The Rivers Governor was responding to a question from anchor, Seun Okinbaloye, who quoted Mr. Fani-Kayode as alleging that the APC was planning to rig the forthcoming elections.

In response, Mr. Amaechi said, “Fani-Kayode does not have credibility. If the right person speaks, then we will respond. Fani-Kayode lacks the credibility. Let’s move to another issues.”

Mr. Fani-Kayode later came on the programme, following Mr. Amaechi’s departure.

He responded angrily to Mr. Amaechi’s comments, saying the governor was not on the same intellectual and social level with him.

“Perhaps, it is only in Nigeria that a man with his background, in spite of the things he did when he was young; in spite of the things he did when he was in the university, could become a governor. By the way he became governor without even winning an election,” Mr. Fani-Kayode said.

“That’s a man who talks about credibility. That’s a man who claimed pastors in this country were given 6 billion by the government to vote for the PDP. This is a man that went as far as to say if the APC lost the presidential election he would form a parallel government. This is a man that told the whole world that as far as he was concerned he was prepared to do anything to become the vice presidential candidate of the APC.”

He said Mr. Amaechi, because of his vice-presidential ambition, betrayed the PDP, the people of Rivers State and his predecessor, Peter Odili.

He said Mr. Amaechi and other APC leaders found him credible when he was opposing the government as member of the opposition party, which he called “darkness”.

Mr. Fani-Kayode said the presidential candidate of the APC, Muhammadu Buhari, when vying for the ticket of the party, promised him [Fani-Kayode] a key position in his campaign team should he win the ticket.

However, he said he turned down the offer, claiming he told Mr. Buhari “I can never support you General Buhari”.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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APC candidate to speak at Chatham House on Thursday, Feb. 26

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The presidential candidate of the All Progressives Congress (APC), Muhammadu Buhari is set to deliver a speech at Chatham House in London on Thursday, February 26.

Buhari, who is in the UK for a brief official visit, is expected to speak at the Royal Institute of International Affairs.

This was disclosed via a press statement released by Head of Media and Publicity of the APC Presidential Campaign Organization (APCPCO), Garba Shehu.

The invitations for the event will be sent out to guests on Monday, February 23.

Buhari had earlier also had a meeting with former UK Prime Minister, Tony Blair.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Britain sells 1.0% stake of Lloyds bank for £500m

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Britain has sold a 1.0-percent stake in state-rescued Lloyds Banking Group for £500 million ($769 million, 677 million euros) under plans to return it to private ownership, the government said Monday.

The Treasury announced in a statement that the sale has trimmed the government’s stake from 24.9 percent to just under 24 percent.

Britain still owns a large chunk of Lloyds after bailing it out with £20 billion of taxpayers’ cash at the height of the 2008 global financial crisis.

The government initially took a 39-percent share of Lloyds and has so far raised almost £8.0 billion selling bits of its holding.

Finance minister George Osborne had already revealed a six-month plan in December to reduce the stake.

“I am delighted to announce today that the trading plan I launched in December has raised a further £500 million for the taxpayer so far,” Osborne said Monday.

“This is further progress in returning Lloyds Banking Group to private ownership, reducing our national debt and getting taxpayers’ money back.

“The trading plan and its success are only made possible by our long term economic plan which is delivering a more secure and resilient economy.”

The latest shares were sold above the average price that the previous government had paid for them, which was 73.6 pence.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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NIGERIA: I paid for my grave 4 years ago, Governor says

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Read Time:1 Minute, 17 Second

Governor Babatunde Fashola of Lagos State, on Sunday, February 22, stated that he had already paid for a burial vault where he would be interred.

51-year-old Fashola made the declaration after inspecting the site of a new cemetery in the Ibeju-Lekki area of the state.

“We are here to inspect a cemetery, we often don’t like to talk about, but there is a need for it because the population continues to expand and the Lekki sub-region is growing very fast,” Fashola said.

“We have this strategic partnership now with the private sector and they are going to deliver a cemetery like no other. They will manage it and make the cost also competitive. There will be high, medium and low density vaults for people who really want to make a statement at their exit,” the governor added.

“It is the truism of life, everyone who comes must go so as we are building hospitals, roads, schools, imbibing survival strategy, we must also plan for the end. This sounds like something people don’t want to discuss. I have bought my vault. It surprises people. I paid for it four years ago. As I always tell people, if you come here for life you must plan to go. Those who don’t want to go, should not come,” Fashola said.

The governor also added that death is an end that will eventually come and as such people should make preparations in advance.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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6million OPC members’ll vote for Jonathan – Adams

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Read Time:1 Minute, 35 Second

lagosNATIONAL Co-ordinator of the Oodua Peoples Congress (OPC), Otunba Gani Adams, yesterday, said that six million members of the group have resolved to vote for President Goodluck Jonathan at the March 28 presidential polls.

He said OPC members took the decision at their National Co-ordinating Council meeting after taking time to assess President Goodluck Jonathan of the Peoples Democratic Party (PDP) and Major Gen Muhammadu Buhari (retd) of the All Progressives Congress (APC).

He made the disclosure at his Lagos residence while hosting Special Adviser to President Jonathan on Niger Delta Affairs, Hon Kingsley Kuku, who came to solicit his and OPC’s support for Jonathan’s re-election.

Adams said OPC is rooting for Jonathan because of his human rights records in not arresting or detaining any activist since he came to power, convocation of national conference and promise to implement the 633 recommendations that will help to restructure the country, which he said is in the interest of the Yoruba and South-west.

 

He said: ‘’OPC is a group of six million people. We sat down at our National Co-ordinating Council to decide on who to vote for between President Jonathan and Buhari and the support for Jonathan is unanimous.”

”Now, we have come out to support Jonathan because of the National Conference. We have been clamouring for National Conference since 1992, even our leaders could not organise it. President Olusegun Obasanjo organised the National Political Reforms Conference with a lot of no-go areas. In the end there was a stalemate. ”Now a minority, Jonathan, did it. The only no-go area is the unity of the country. He gave us open cheque to decide the future of Nigeria

– See more at: http://www.vanguardngr.com/2015/02/polls-6m-opc-membersll-vote-for-jonathan-adams/#sthash.tcoxmDnJ.dpuf

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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NIGERIA: Photos of Buhari in London are fake, Governor says

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Governor Ayo Fayose of Ekiti State has said that the recent photos, which show the presidential candidate of the All Progressives Congress (APC), Muhammadu Buhari in London, are fake.

Fayose stated this this on Monday, February 23, while speaking to journalists in Abuja.

He also alleged that the photos were taken in suite 881 at the Transcorp Hilton Hotel in Abuja and not in the UK.

“The picture which was widely published in front page of the nation’s media, was taken in suite 881 at the Transcorp Hilton Hotel, Abuja,” Fayose said.

Fayose also alleged that Buhari was currently receiving treatment in a London hospital.

“Buhari is on the sick bed at Cavendish Square, London. They should come out and say so. I am not wishing him dead but we have a duty to always speak the truth. The APC have been trying to cover it up by not allowing him travel out but the man knows he is sick and so, he decided to go for medical check,” Fayose said.

“But my argument is that General Buhari is old, even to govern a state. Governing this country needs energy and strength. We don’t want a president that will be inside the house and other people will hijack that government from him and start governing Nigeria as if it is their personal property,” he added.

“They will need to educate the people to read between the lines. I am not against General Buhari, there must be a leader at a given time, but the fact remains that he is frail and not strong enough to run the affairs of this country,” the governor added.

 Fayose has repeatedly accused Buhari of hiding the true state of his health and recently declared that the APC candidate would never become Nigeria’s president.

About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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