Case against high interest rates in time of contagion, by Tinubu

Excerpts of a statement by the National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu, in which he urged the Central Bank of Nigeria to reduce interest rates to avoid stifling domestic investment and income during COVID-19 crisis     The economic fallout from the coronavirus may present the best, most pressing case for revising the Central Bank of Nigeria (CBN) high interest rate policy. The undue rates penalise domestic investment and consumer borrowing. This reduces both aggregate domestic supply and, to a lesser degree, aggregate domestic demand. The…

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BREAKING: Buhari summons Tinubu, Ambode

Buhari, Ambode, Tinubu

President Muhammadu Buhari has summoned the national leader of the APC, Bola Tinubu, and the Lagos state governor, Akinwunmi Ambode, New Telegraph can report. The meeting is believed to be about the second term aspiration of Mr Ambode. Bola Tinubu, a two-term governor of Lagos has thrown his weight behind Mr Ambode’s challenger, Babajide Sanwo-Olu. Ambode, at a press conference on Sunday, said Sanwo-Olu is not fit to govern Lagos. He revealed that his challenger was once arrested for fraud in U.S Meanwhile, the National Working Committee (NWC) of the…

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Ambode: Tinubu’s candidate arrested in U.S. for spending fake dollars

Ambode

The political atmosphere of Lagos State was charged yesterday as Governor Akinwunmi Ambode, took a swipe at his main opponent and All Progressives Congress (APC)governorship aspirant, Mr. Babajide Sanwo-Olu. Ambode declared that Sanwo-Olu, is unfit and lacks the competence to govern Lagos State. The governor alleged that Sanwo-Olu was arrested and detained in the United States of America for spending fake dollars at a nightclub. He also said his rival was onetime rehabilitated at Gbagada General Hospital. Sanwo-Olu is the anointed candidate of APC national leader, Asiwaju Bola Tinubu. The…

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…Tinubu’ll never endorse Ambode, by Sanwo-Olu group

Ahead of tomorrow All Progressives Congress (APC) governorship primaries in Lagos, the campaign organisation of Lagos State governorship aspirant, Mr. Babajide Sanwo-Olu, yesterday urged Lagosians, especially APC members not to believe any report indicating that the party’s National Leader, Asiwaju Bola Tinubu, has endorsed the state Governor, Mr. Akinwunmi Ambode. The Babajide Campaign Organisation (BOSCO) in a statement issued yesterday by its Directorate of Media and Publicity, Olusesan Daini, alleged that Ambode planned to make newspaper and online publications hours to the election to misinform the electorate in Lagos and…

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Jubilation as Tinubu, Oyetola storm govt house

There was wild jubilation at the Osun State Government House in Oshogbo, yesterday evening, over the victory of the All Progressives Congress (APC) in the state’s governorship election. Leaders and members of the stormed the Osun State government house in their hundreds when it was clear that APC has won the election, singing victory songs and dancing to different political songs. National Leader of the party, Asiwaju Bola Tinubu, who arrived the government house around 4.pm was welcomed by party faithful, who sang his praises. Tinubu had a brief closed…

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Tinubu, Saraki, others in test of might

For today’s governorship election in Osun State, 48 candidates are expected to take part in the exercise, but there is no doubt that their respective hope of succeeding Governor Rauf Aregbesola is attached to major political gladiators and some eminent personalities within and outside the state. They include Governor Aregbesola; National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu; Senate President, Dr. Bukola Saraki; former governors of the state, Chief Bisi Akande and Prince Olagunsoye Oyinlola; the Ooni of Ife, Oba Adeyeye Ogunwusi; Oluwo of Iwo, Oba Abdulrasheed Akanbi;…

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Lagos: GAC members meet over Tinubu, Ambode’s rift

Members of the Governor Advisory Council (GAC), the apex leadership group in the Lagos State chapter of All Progressives Congress (APC), yesterday met at the party’s secretariat to deliberate on the development in the party. The GAC comprises prominent APC leaders across the state, who usually worked with the APC National Leader, Asiwaju Bola Tinubu to determine the political directions in the party and the state in general. The APC leaders had a close-door meeting, which lasted for over two-hours with the Lagos APC chairman, Alhaji Tunde Balogun, to deliberate…

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Governorship primaries: APC leaders threaten revolt against Tinubu over Ambode

Members of the political family of Asiwaju Bola Tinubu have threatened to vote against his choice, should he back the Lagos State Governor, Mr. Akinwunmi Ambode, for a second term. The decision followed pressures being mounted on the National Leader of the All Progressives Congress (APC), Tinubu, from different quarters to back Ambode for second term. New Telegraph gathered from a reliable source in the party that Tinubu’s loyalists, who are majorly in Mandate Movement, held a meeting in Lagos yesterday and unanimously decided to challenge their leader if he…

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Tinubu to Adeboye: My hands are tied on Ambode’s 2nd term

Asiwaju not supporting any aspirant –Hamzat   The last may not have been heard of the controversies trailing the second term bid of Governor Akinwunmi Ambode of Lagos State as Asiwaju Bola Tinubu reportedly told the General Overseer of the Redeemed Christians Church of God, Pastor Adeboye, that he (Tinubu), will not prevail on any of the aspirants to step down. This was as one of the aspirants and former Commissioner for Works and Infrastructural Development, Dr. Obafemi Hamzat confirmed Tinubu’s stance on the September 26 primary, saying the national…

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Tinubu adamant over Ambode

The impasse over the second term bid of Lagos State governor, Mr. Akinwunmi Ambode, is yet to be resolved as his benefactor and National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, remains adamant over his opposition to the governor’s return to power in 2019. Reports had it yesterday that President Muhammadu Buhari, on Wednesday, intervened on the matter, following a meeting with Tinubu in Abuja, but a competent source close to the APC national leader told New Telegraph last night that no such meeting took place. Another…

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