Good Morning Nigeria! Hope you enjoyed your weekend! Here are a few of what you need to know this Monday morning🙂. Enjoy!
1. Following the declaration of the Osun State Governorship Election as inconclusive, the National Leadership of the Peoples Democratic Party (PDP) will reportedly strike a deal with a former Deputy Governor of Osun State, Senator Iyiola Omisore, who came third in the Saturday election behind PDP’s Senator Ademola Adeleke who came first with 254,698 votes and APC’s Gboyega Oyetola who came second with 254,345 votes. Omisore contested the election under the Social Democratic Party (SDP). INEC has scheduled the re-run election to hold on Thursday in the affected polling units. 2 PUs in Orolu LGA, 1 in Ife South LGA, 1 in Ife North LGA, and 1 in Osogbo LGA.
2. Ahead of the 2019 General Elections, foreign investors have reportedly pulled out billions of naira from the Nigerian Stock Market. Latest report (according to Punch) shows that from January to July this year, a total of N435.41billion has been withdrawn so far. “Once there is any cause to fear, portfolio investors sell out their shares and they come back when the environment is better; all of these create a lot of volatility in the market and may be one of the reasons why we do not have a lot of initial public offerings in the country,” the Associate Director, Capital Markets, PwC Nigeria, Alice Tomdio, told Punch.
3. Governor Aminu Tambuwal of Sokoto State has described President Muhammadu Buhari as an analogue leader who lacks the required capacity to rule modern Nigeria. Tambuwal stated this in Akure, the capital of Ondo State, where he met with some delegates of the PDP ahead of the presidential primary election of the party. “He (Buhari) is not digitally compliant to run a complex country like Nigeria with ethnic and cultural diversities and Nigerians cannot afford to cope with an analogue President like Buhari. It is obvious that this government is analogue and in this 21st century, we need a government that is being headed by somebody that understands issues of today, 21st century,” he said.
4. Former Vice President Atiku Abubakar in a statement on Sunday in Makurdi, the capital of Benue State, said that the clashes between Tivs and Fulani herdsmen were caused by misunderstanding. “Traditionally over a number of years, Tiv and Fulanis have coexisted. I believe that what is happening of recent can be attributed to sponsored misunderstanding between Tivs and Fulani herdsmen and we have always done our best to resolve the conflict. “We have always sat down to resolve the conflict. As Zege Mule U Tiv, I have spearheaded many meetings to resolve conflicts,” he said while speaking with journalists after visiting a first-class Chief in the state, His Royal Highness, Abu King Shuluwa.
5. Ex-Vice President Namadi Sambo on Sunday while on a condolence visit to Toru-Orua, the hometown of Governor Seriake Dickson on the death of his mother, said that he has no regrets serving the country under Ex-President Goodluck Jonathan. “I have no regrets serving Nigeria. There is no cause for any regret. I thank the Almighty Allah that he gave me that opportunity to serve our country. First and foremost, I am here to condole with my brother and sister on the loss of our mother and we pray that Almighty God will grant the family the fortitude to bear the great loss. Also, we are seeing what is happening and we are expecting that INEC will do the right thing and that there will be free and fair elections come 2019,” he said.