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Nigeria derived no benefit from previous devaluations of the Naira – President Buhari

President Muhammadu Buahri insisted Friday in Abuja that he was yet to be convinced that the vast majority of ordinary Nigerians will  derive any tangible benefit from a devaluation of the Naira.

Speaking at a meeting with members of the Council of Retired Federal Permanent Secretaries, President Buhari said that he still held the conviction which motivated his principled resistance to devaluation in his first tenure as Head of State.

“When I was military Head of State, the IMF and the World Bank wanted us devalue the Naira and remove petrol subsidy but I stood my grounds for the good of Nigeria.

“The Naira remained strong against the Dollar and other foreign currencies until I was removed from office in August, 1985 and it was devalued.

“But how many factories were built and how many jobs were created by the devaluation?

“That is why I’m still asking to be convinced today on the benefits of devaluation,”  President Buhari told the retired Permanent Secretaries led by Otunba Christopher Tugbobo.

President Buhari welcomed the Council’s pledge of support for the successful implementation of his administration’s Change Agenda, especially in the priority areas of improving security, curbing corruption and revitalizing the national economy.

“I am glad you have rightly identified the key issues we campaigned on.

“We need a dynamic bureaucracy  which will not mislead us into taking wrong decisions,” the President said.

The Council of Retired Federal Permanent Secretaries was established in 2004 to serve as a platform for retired permanent secretaries to offer constructive advice to government on key policy issues.

Chief Philip Asiodu, the Pioneer Chairman of the Council, said that its members want the present Administration to succeed because Nigeria has already lost many opportunities for progress.

“We are non-partisan. The interest of Nigeria is paramount to us and we are anxious that you should succeed,” Chief Asiodu told the President.

Femi Adesina
Special Adviser to the President
(Media& Publicity)
April 22, 2016

APC Must Move Forward

President Muhammadu Buhari has called on all APC faithful to come together, to rise above the current crisis threatening, the party, to strive to win the war (National Assembly crisis) as they won the battle (general elections)
President Buhari made the call in Abuja on Friday at the first National Executive Council (NEC) emergency meeting of All Progressives Congress (APC) after its 2015 victory at the polls. President Buhari said:
”APC has won the battle and lost the war which is a paradox of democracy and we shall see how we shall manage it. How do we manage it?

HOW DO WE MOVE FORWARD?

“I have already appealed to you through the chairman, the leadership of the party, through the governors, through our lawmakers and the APC must not disappoint its constituency, the nation. We have had to convince our ‎individual constituencies that we are worthy of sacrifices they had made in staying awake days and nights, traveling all over the country and making sure the party emerged victorious.
”What subsequently happened is human and as human beings we are not perfect but let our collective actions prove that we’ve won the election, the battle, and we will eventually win the war,” he said.

REMEMBER THE PAST – HONOR OUR PLATFORM

President Buhari‎ urged the party members to honour the platform through which they won the elections and gave a background of how he contested his present position and lost three times. “Whoever wants to run for elected office as a Nigerian must have a platform and that platform is the political parties hence the superiority of the party because that is our platform,” President Buhari further recounted the story of the party from the beginning when other parties came together to form APC, how INEC rejected their initial merger, how the first convention was planned and who was instrumental at the initial stage.
”I am going through all these (stories) because not all of us here participated in this and for you to reflect and thank the leadership of the party at various stages for going through all these which wasn’t easy.

RESPECT THE SUPERIORITY OF THE PARTY

”But God in his infinite mercy has paid us by giving us success, let us not throw this success to the wind. . . . . Let us as members of APC ‎no matter our personal differences, get together and meet the mandate given to us by this country. This is my personal appeal and, in the name of God, whatever your personal interest is‎ and ambition, please keep it close to your heart and in your pocket. . . . Let APC work and let this system work and let us have a government that will earn the respect of our constituencies. I appeal to you to please continue working together and please accept the superiority of the party….because I respect the superiority of the party.”

Time For Nigeria To Be Great Once Again

Time For Nigeria To Be Great Once Again
by

Muhammadu Buhari GMB

Being the text of Gen. Muhammadu Buhari, presidential candidate of the All Progressive Congress (APC), last message to Nigerians twenty-four hours before the March 28, 2015 Presidential Election

“Dear Compatriots,

I want to take this last opportunity, before we go to the polls on Saturday March 28 and April 11 respectively, to thank everyone who has supported our campaigns. I am humbled and grateful to have had the opportunity to meet so many of my fellow Nigerians who have helped to carry the message of change across our great country.

This is the fourth time that I would be standing for election as the President of Nigeria. All these years, I have been driven by a keen awareness of the potential greatness of our country and the desire to provide the true leadership that will unleash this huge potential. I believe that a stable and prosperous Nigeria is not only important to Nigerians. It is also important to Africa and the rest of the world. The evidence of this is the unprecedented attention that our country will receive this weekend. On Saturday, the whole world would wait with baited breath for the greatest black nation on earth to take charge of its destiny. We must therefore not miss the significance of this moment. We must not let ourselves and our country down.

Great Need for Strong and Competent Leadership
At no other time in our history is Nigeria in such an urgent need of strong and competent leadership. Sadly, at no other time is this leadership so sorely absent in our country. We live in a time of great opportunities and great peril. It is only a leader that understands these in equal measure that can find the rightful place for Nigeria among the great Nations of the world. I have travelled extensively around Nigeria in the last three months. In the course of my travels, I encountered directly, what I have always believed: that a Hausa man’s desire for security is not different from the Ijaw woman’s desire to feel secured in any part of our country. An Igbo woman’s desire for her children to get quality education and find employment is not different from the Yoruba man’s dream for his children to become a useful member of our society. A wife’s desperate need for affordable and quality healthcare for her husband diagnosed with prostate cancer in Enugu is not different from a husband’s desire to save the life of his wife diagnosed with ovarian cancer in Lagos. Invariably, our fears are the same; our dreams are the same; and our problems are the same. Regardless of the language we speak, or the way we understand and worship God, what affects anyone of us, affects everyone of us.

Extreme Poverty in a Country Celebrated as the Largest in Africa
Our economy is celebrated as the largest in Africa, yet our country is home to the continent’s highest number of people living in extreme poverty. Our youth population is larger than the combined population of many of our neighbors, yet our failure to plan and create opportunities for them is turning them to a social time bomb rather than economic catalysts. A band of ragtag terrorist group has threatened our territorial integrity, killed thousands of Nigerians, displaced our people and abducted our children. The almost 60, 000 Nigerians who have become refugees in neighboring countries represent a budding threat to sub-regional stability. However, even in the face of these daunting challenges, I see a great opportunity for change. We have to start by rebuilding the trust and confidence of Nigerians in their government. No citizen will respect a government under whose watch more than 200 girls were abducted. This singular act can only portray the government as insensitive, incompetent or both. When I become president, reuniting these children with their families will, without doubts, be a top priority.

Oil Economy has Exposed Nigeria as Vulnerable
Rebuilding the army and other security agencies will also be a top priority of my government. I will ensure that never again will terrorists find a safe haven in Nigeria.
Recent fall in international price of crude leaves us badly exposed and vulnerable. Dwindling oil revenue also means that we are going to face serious financial challenges in the months ahead. However, even as daunting as this appears, it also provides us with great opportunity to diversify our economy and finally give meaning to the widely held belief that our prosperity as a nation would not continue to depend on the resources buried under our feet, but on the productive capacity of our people.

Proper utilization of our resources
No matter how much resources we have, if not properly utilized, it would only create a few billionaires and leave majority of our people in poverty. Under the current administration, corruption has enjoyed unprecedented prosperity and this has been at the heart of most of our government failings, including insecurity, broken infrastructure and growing inequality in our country. My government will have a zero tolerance for corruption. I will set a personal example and run a government that truly serves the people rather than serve themselves and a privileged few. Like I have repeatedly maintained that if Nigeria does not kill corruption, corruption will kill Nigeria. We must not allow Nigeria to die. Therefore, we must do all that is necessary to root out this evil that has reduced our great country to a laughing stock of the world. We must begin to rebuild the social fabrics of our society and teach a different experience to our youth in the values of hard work, discipline, integrity and service.

A Change that promotes Unity, Equity and Justice
The change that I seek therefore; is a change from the current regime of mindless of corruption and profligacy; a change from fear and insecurity to peace and stability; a change from religious and ethnic divisiveness to unity, equity and justice. This is the change that my party stands for. This is the change that I am committed to bringing about as President. Give me the chance to lead you in rebuilding a Nigeria that all of us can be proud of once again. As we come out to vote on Saturday, I appeal to all Nigerians to shun violence in whatever form. It is the right of every adult Nigerian to vote and expect that their votes would count in a free, fair and credible election. However, we also have a responsibility to respect the choice of others and grant them the same treatment that we expect.

Let us make Nigeria great once again
I also want to call on all our men and women in uniform, the Judiciary, and all others who have constitutional responsibility to safeguard our democracy, to remember that their responsibility is primarily to Nigerians and the survival of Nigeria. They must therefore not allow anyone to use them to subvert the will of the Nigerian people. I believe that their dreams and aspirations are not different from those of other Nigerians. I have no doubt that with God being on our side; together we can make our country great once again.”

Abuja, March 26, 2015

Presidential Election Polls Projections

TODAY OUR WEBSITE PRESENTS TO YOU PROJECTIONS
ON THE FORTHCOMING PRESIDENTIAL ELECTION IN NIGERIA ON MARCH 28, 2015
By
Dr. S. Okechukwu Mezu
 

Writing in Sun Newspapers (Nigeria) Peter Orji’s in an article “Straw poll of March 28 presidential election,” http://sunnewsonline.com/new/?p=109831, estimates that in the forthcoming presidential election of March 28, 2015, Goodluck Jonathan of the Peoples Democratic Party (PDP) will receive about 11,000,000 votes while General Buhari of the All Progressives Congress (APC) will get an estimated 15,400,000 votes to win the election.

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In an article “Jonathan vs Buhari: How they stand in 36 States” Punch, Sunday, March 22, 2015, Dr. Orji of the Na­tional Think Tank Group sees ten (10) states leaning to President Jonathan, seventeen states (17) leaning towards Buhari while ten  (9) states are too close to call.

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In Dr. Orji’s opinion:  “The president [Jonathan] was a player in three zones but the votes secured from the three zones failed to match the Buhari votes secured from the other three zones, that have heavy number of voters. The president’s calculations failed him woefully in North Central, a zone he had assumed, would support him massively. Voters fatigue and apathy cost him a lot of votes in the South East and South South, both zones complaining that the president did not properly serviced those two zones considering the mas­sive support the two zones gave him in 2011.

The South East, in particular has taken the position that both the PDP and the president are taking their votes for granted and many voters in the zone will simply stay at home on the voting day and will surely troop out two weeks later to cast their votes in the governorship and House of Assembly elections. In spite of the voters’ apathy in the South East, the president will still carry all the states in that zone and will also, with the exception of Edo State, will carry all the states in South South. The APC candidate will carry all the states in North West and North East and will win marginally in North Central. The margin of victory for Gen. Buhari is a staggering 4. 4million votes and it is impossible for President Jonathan to close such a margin.

Considering these factors – (1) Voter turnout since 1999 elec­tions shows the following: 1999 (52%); 2003 (69%); 2007 (57%) and 2011 (54%) and the straw polls used 55 per cent for 2015 elections. In the two zones where President Jonathan is considered most likely to win i.e. South South and South East, voter turn­out in the 2015 election cycle is experiencing voter apathy due to already expressed reasons.

(2) In 2011 presidential polls the following turnouts were in­dicated: North East, 56%; North West, 56%; North Central, 49%; South East, 63%; South South, 62% and South West, 32%. Again, the turnout in the North East, North West and South West are likely to increase while the turnout in the South East and South South are likely to decrease. The simple explanation is that the North East, North West and South West zones feel that their sons, Buhari and Osinbajo, are in the APC ticket. Consider­ing the number accruing of voters to the three zones, Jonathan will find it absolutely impossible to fill the gap. These numbers must have also been considered by the president’s team, which explains the near panic actions the presi­dent has taken in the South West of late.”

For C. Don Adinuba writing in the Guardian (Nigeria) the election is all over: “The March 28, 2015, presidential vote has all along been presented in both local and foreign media as a battle of titans, a tough war. This is in keeping with media’s penchant for histrionics and drama. It also enables the media to be seen as balanced, and not partisan. We live in a world where objectivity and balance are often confused with an inability to call a spade by its true name. Consequently, long after the Nigerian presidential election has for all practical purposes been lost and won, the media continues with the prevarication that the result is too close to call. But perceptive journalists know better.

They, like diplomats, tell you the truth in private.   The way the shark smells blood far away is the way politicians see electoral victory even before votes are cast. They consequently move in the direction of victory in very large numbers, all the more so in a typical developing environment where ideology is of little relevance; strange bedfellows are not left out in the unidirectional movement. A fundamental shift has all but been completed in Nigerian politics. For the first time in our national history, prominent members of a ruling party have been moving to the major opposition party in droves.

The All Progressives Congress (APC) has since Wednesday, January 15, become the majority in the House of Representatives; it has 179 members while the ruling Peoples Democratic Party (PDP) has 162. The situation would probably have been the same in the Senate but for a well-calculated court action since February, 2014, designed to stop PDP senators from moving en masse to the APC …. Therefore, the postponement of the presidential vote by six weeks from February has been unable to change the electoral permutations.  The country’s demography is not too charitable to Jonathan.  Lagos, with 5.8 million, has the highest number of registered voters out of the country’s 68.8 million, followed by Kano which has 4.9 million. Both are APC controlled. The president’s home state of Bayelsa has the lowest figure of 610,000. The international community is likely to be pleased with the election outcome.”

http://www.ngrguardiannews.com/2015/03/the-election-is-all-over

Whereas the Presidential election portends a landslide victory for General Buhari, and because of that APC has a very good chance of controlling both Houses of the National Assembly, the State Assembly and Gubernatorial elections two weeks later will be more keenly contested with a closer distribution of States between PDP and APC.

Prospects for Democratic Consolidation in Africa: Nigeria’s Transition

Being the text of a speech delivered by General Buhari, presidential candidate of the All Progressives Congress (APC), at the Royal Institute on International Affairs, Chatham House, London, on February 26, 2015

Permit me to start by thanking Chatham House for the invitation to talk about this important topic at this crucial time. When speaking about Nigeria overseas, I normally prefer to be my country’s public relations and marketing officer, extolling her virtues and hoping to attract investments and tourists. But as we all know, Nigeria is now battling with many challenges, and if I refer to them, I do so only to impress on our friends in the United Kingdom that we are quite aware of our shortcomings and are doing our best to address them.

NIGERIA FACES A DEFINING MOMENT

The 2015 general election in Nigeria is generating a lot of interests within and outside the country. This is understandable. Nigeria, Africa’s most populous country and largest economy, is at a defining moment, a moment that has great implications beyond the democratic project and beyond the borders of my dear country.

So let me say upfront that the global interest in Nigeria’s landmark election is not misplaced at all and indeed should be commended; for this is an election that has serious import for the world. I urge the international community to continue to focus on Nigeria at this very critical moment. Given increasing global linkages, it is in our collective interests that the postponed elections should hold on the rescheduled dates; that they should be free and fair; that their outcomes should be respected by all parties; and that any form of extension, under whichever guise, is unconstitutional and will not be tolerated.

With the fall of the Berlin Wall in 1989, the dissolution of the USSR in 1991, the collapse of communism and the end of the Cold War, democracy became the dominant and most preferred system of government across the globe. That global transition has been aptly captured as the triumph of democracy and the ‘most pre-eminent political idea of our time.’ On a personal note, the phased end of the USSR was a turning point for me. It convinced me that change can be brought about without firing a single shot.


As you all know, I had been a military head of state in Nigeria for twenty months. We intervened because we were unhappy with the state of affairs in our country. We wanted to arrest the drift. Driven by patriotism, influenced by the prevalence and popularity of such drastic measures all over Africa and elsewhere, we fought our way to power. But the global triumph of democracy has shown that another and a preferable path to change is possible. It is an important lesson I have carried with me since, and a lesson that is not lost on the African continent.

DEMOCRACY HAS GROWN ROOTS IN AFRICA

In the last two decades, democracy has grown strong roots in Africa. Elections, once so rare, are now so commonplace. As at the time I was a military head of state between 1983 and 1985, only four African countries held regular multi-party elections. But the number of electoral democracies in Africa, according to Freedom House, jumped to 10 in 1992/1993 then to 18 in 1994/1995 and to 24 in 2005/2006. According to the New York Times, 42 of the 48 countries in Sub-Saharan Africa conducted multi-party elections between 1990 and 2002.

The newspaper also reported that between 2000 and 2002, ruling parties in four African countries (Senegal, Mauritius, Ghana and Mali) peacefully handed over power to victorious opposition parties. In addition, the proportion of African countries categorized as not free by Freedom House declined from 59% in 1983 to 35% in 2003. Without doubt, Africa has been part of the current global wave of democratization.

But the growth of democracy on the continent has been uneven. According to Freedom House, the number of electoral democracies in Africa slipped from 24 in 2007/2008 to 19 in 2011/2012; while the percentage of countries categorized as ‘not free’ assuming for the sake of argument that we accept their definition of “free” increased from 35% in 2003 to 41% in 2013. Also, there have been some reversals at different times in Burkina Faso, Central African Republic, Cote D’Ivoire, Guinea, Guinea-Bissau, Lesotho, Mali, Madagascar, Mauritania and Togo. We can choose to look at the glass of democracy in Africa as either half full or half empty.

While you can’t have representative democracy without elections, it is equally important to look at the quality of the elections and to remember that mere elections do not democracy make. It is globally agreed that democracy is not an event, but a journey. And that the destination of that journey is democratic consolidation – that state where democracy has become so rooted and so routine and widely accepted by all actors.

With this important destination in mind, it is clear that though many African countries now hold regular elections, very few of them have consolidated the practice of democracy. It is important to also state at this point that just as with elections, a consolidated democracy cannot be an end by itself. I will argue that it is not enough to hold a series of elections or even to peacefully alternate power among parties.

THE REAL PROMISE OF DEMOCRACY

It is much more important that the promise of democracy goes beyond just allowing people to freely choose their leaders. It is much more important that democracy should deliver on the promise of choice, of freedoms, of security of lives and property, of transparency and accountability, of rule of law, of good governance and of shared prosperity. It is very important that the promise embedded in the concept of democracy, the promise of a better life for the generality of the people, is not delivered in the breach.

Now, let me quickly turn to Nigeria. As you all know, Nigeria’s fourth republic is in its 16th year and this general election will be the fifth in a row. This is a major sign of progress for us, given that our first republic lasted five years and three months, the second republic ended after four years and two months and the third republic was a still-birth. However, longevity is not the only reason why everyone is so interested in this election.

FROM A DOMINANT PARTY SYSTE, TO A COMPETITIVE ELECTORAL POLITY

The major difference this time around is that for the very first time since transition to civil rule in 1999, the ruling Peoples Democratic Party (PDP) is facing its stiffest opposition so far from our party the All Progressives Congress (APC). We once had about 50 political parties, but with no real competition. Now Nigeria is transitioning from a dominant party system to a competitive electoral polity, which is a major marker on the road to democratic consolidation. As you know, peaceful alternation of power through competitive elections have happened in Ghana, Senegal, Malawi and Mauritius in recent times. The prospects of democratic consolidation in Africa will be further brightened when that eventually happens in Nigeria.

But there are other reasons why Nigerians and the whole world are intensely focused on this year’s elections, chief of which is that the elections are holding in the shadow of huge security, economic and social uncertainties in Africa’s most populous country and largest economy. On insecurity, there is a genuine cause for worry, both within and outside Nigeria. Apart from the civil war era, at no other time in our history has Nigeria been this insecure.

NIGERIA SADLY IS NOW ON THE TERRORISM MAP

Boko Haram has sadly put Nigeria on the terrorism map, killing more than 13,000 of our nationals, displacing millions internally and externally, and at a time holding on to portions of our territory the size of Belgium. What has been consistently lacking is the required leadership in our battle against insurgency. I, as a retired general and a former head of state, have always known about our soldiers: they are capable, well trained, patriotic, brave and always ready to do their duty in the service of our country.

You all can bear witness to the gallant role of our military in Burma, the Democratic Republic of Congo, Sierra Leone, Liberia, Darfur and in many other peacekeeping operations in several parts of the world. But in the matter of this insurgency, our soldiers have neither received the necessary support nor the required incentives to tackle this problem. The government has also failed in any effort towards a multi-dimensional response to this problem leading to a situation in which we have now become dependent on our neighbors to come to our rescue.

 IF ELECTED I WILL RETURN NIGERIA TO ITS STABILIZING ROLE IN WEST AFRICA AND THE WORLD

Let me assure you that if I am elected president, the world will have no cause to worry about Nigeria as it has had to recently; that Nigeria will return to its stabilizing role in West Africa; and that no inch of Nigerian territory will ever be lost to the enemy because we will pay special attention to the welfare of our soldiers in and out of service, we will give them adequate and modern arms and ammunitions to work with, we will improve intelligence gathering and border controls to choke Boko Haram’s financial and equipment channels, we will be tough on terrorism and tough on its root causes by initiating a comprehensive economic development plan promoting infrastructural development, job creation, agriculture and industry in the affected areas. We will always act on time and not allow problems to irresponsibly fester, and I, Muhammadu Buhari, will always lead from the front and return Nigeria to its leadership role in regional and international efforts to combat terrorism.

POVERTY, UNEMPLOYMENT AND INEQUALITY IN NIGERIA

On the economy, the fall in prices of oil has brought our economic and social stress into full relief. After the rebasing exercise in April 2014, Nigeria overtook South Africa as Africa’s largest economy. Our GDP is now valued at $510 billion and our economy rated 26th in the world. Also on the bright side, inflation has been kept at single digit for a while and our economy has grown at an average of 7% for about a decade.

But it is more of paper growth, a growth that, on account of mismanagement, profligacy and corruption, has not translated to human development or shared prosperity. A development economist once said three questions should be asked about a country’s development: one, what is happening to poverty? Two, what is happening to unemployment? And three, what is happening to inequality?

The answers to these questions in Nigeria show that the current administration has created two economies in one country, a sorry tale of two nations: one economy for a few who have so much in their tiny island of prosperity; and the other economy for the many who have so little in their vast ocean of misery.

Even by official figures, 33.1% of Nigerians live in extreme poverty. That’s at almost 60 million, almost the population of the United Kingdom. There is also the unemployment crisis simmering beneath the surface, ready to explode at the slightest stress, with officially 23.9% of our adult population and almost 60% of our youth unemployed. We also have one of the highest rates of inequalities in the world.

With all these, it is not surprising that our performance on most governance and development indicators (like Mo Ibrahim Index on African Governance and UNDP’s Human Development Index.) are unflattering. With fall in the prices of oil, which accounts for more than 70% of government revenues, and lack of savings from more than a decade of oil boom, the poor will be disproportionately impacted.

 NO ROOM FOR CORRUPTION OR THE CORRUPT IN MY ADMINISTRATION

In the face of dwindling revenues, a good place to start the repositioning of Nigeria’s economy is to swiftly tackle two ills that have ballooned under the present administration: waste and corruption. And in doing this, I will, if elected, lead the way, with the force of personal example.
On corruption, there will be no confusion as to where I stand. Corruption will have no place and the corrupt will not be appointed into my administration. First and foremost, we will plug the holes in the budgetary process. Revenue producing entities such as NNPC and Customs and Excise will have one set of books only. Their revenues will be publicly disclosed and regularly audited. The institutions of state dedicated to fighting corruption will be given independence and prosecutorial authority without political interference.

But I must emphasize that any war waged on corruption should not be misconstrued as settling old scores or a witch-hunt. I’m running for President to lead Nigeria to prosperity and not adversity.

In reforming the economy, we will use savings that arise from blocking these leakages and the proceeds recovered from corruption to fund our party’s social investments programs in education, health, and safety nets such as free school meals for children, emergency public works for unemployed youth and pensions for the elderly.

 WE WILL UNLEASH NIGERIA’S PENT-UP INGENUITY AND PRODUCTIVITY

As a progressive party, we must reform our political economy to unleash the pent-up ingenuity and productivity of the Nigerian people thus freeing them from the curse of poverty. We will run a private sector-led economy but maintain an active role for government through strong regulatory oversight and deliberate interventions and incentives to diversify the base of our economy, strengthen productive sectors, improve the productive capacities of our people and create jobs for our teeming youths.

In short, we will run a functional economy driven by a worldview that sees growth not as an end by itself, but as a tool to create a society that works for all, rich and poor alike. On March 28, Nigeria has a decision to make. To vote for the continuity of failure or to elect progressive change. I believe the people will choose wisely.

General Muhammadu Buhari