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Babangida asked Jonathan to sit on Yar’Adua’s chair following president’s prolonged illness – Otedola

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OYEDOLA

 

Billionaire businessman, Femi Otedola, on Sunday felicitated with ex-military president Ibrahim Babangida who turns 80 on Tuesday, August 17.

Wishing the retired general more rewarding years, Mr Otedola thanked Mr Babangida for the role he played during the political logjam caused by the prolonged illness of President Umaru Yar’Adua in 2010.

Quoting from his forthcoming book on business lessons (scheduled for release in November), Otedola revealed that Mr Babangida sent a message through him to then Vice-President Goodluck Jonathan to sit on the empty seat of the President in the next Federal Executive Council (FEC) meeting.

With Mr Yar’Adua failing to formally transfer power to his deputy when he was flown abroad for medical treatment, there was tension across the nation as a result of the power vacuum, which led to public protests.

Writing on the need for entrepreneurs to engage with political authorities in one of the chapters, Mr Otedola maintains that such a relationship will benefit the country.

Entrepreneurs’ outreach and dialogue with political leaders, among many positives, will ensure stability and social coherence, guaranteeing economic progress.

“Worried by the tension and uncertainty, I decided to do something on my own,” he wrote. “In the first week of February 2010, I went to Minna, Niger state, along with Hajia Bola Shagaya, to commiserate with General Ibrahim Babangida over the death of his wife, Maryam. At his Hilltop residence, we spoke on a wide range of issues, but I told him I needed to discuss an urgent and vital issue. He took me to his study, where the two of us were alone. I told him that the state of the nation had been agitating my mind.”

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Otedola said he asked Mr Babangida: “Your Excellency, how can we get out of this logjam? The political heat is too much.”

“Calm and resolute, IBB replied: ‘Femi, advise your friend that when he gets to the Council Chambers next week for the Federal Executive Council (FEC) meeting, he should go and sit on the President’s chair.’

“I found that fascinating and assured him I would pass the message across. I travelled back to Abuja by road in the evening and went straight to have dinner with Dr Jonathan. I did not waste time in delivering General Babangida’s message to him,” he wrote.

“He nodded and asked me, ‘What do you think?’

“I laughed and said, ‘Be a man, Your Excellency. Go and sit on that chair!’

“He looked at me for some time and responded that he would think about it.

“A week later, on Tuesday, February 9, the National Assembly adopted the famous ‘Doctrine of Necessity’ to make Dr Jonathan the Acting President pending the return of President Yar’Adua from his medical leave. Behind-the-scene moves by prominent Nigerians preceded this decision. The legislative resolution was unprecedented, but the nation had been tensed up. The fault lines were so stoked that an unusual solution was needed to address the unique situation.

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“With Jonathan now legally empowered to act as President, there remained the critical optics: would he stand-in for the President confidently and authoritatively? Or would he try to maintain a subdued outlook? The following day was the FEC meeting. As Dr Jonathan entered the Council Chamber, he made to sit on the chair of the Vice President—his usual seat. As the protocol officer pulled out the VP’s chair, Dr Jonathan marched towards the seat reserved for the President. And he sat on it! That was the moment Dr Goodluck Jonathan took control of power. By that act, he sent a strong signal to all Nigerians that he was now in charge. The same day, Jonathan even reshuffled the cabinet.”

Yar’Adua died on May 5, 2010, and Jonathan was sworn in as his replacement, going on to win the 2011 presidential election and serving a term in office.

In the book, Otedola said entrepreneurs must engage with political authorities because it is only when there is peace that the economy can boom.

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He wrote: “While many may see political engagement for entrepreneurs as one-sided—in the sense that only the entrepreneur benefits—the reality is that it could work both ways.

“I tapped into my political connections to contribute my little quota to resolving a power crisis that almost set the country on fire. This example is one of the several instances in which I used my access to the seat of power and political heavyweights to contribute to nation-building and national development.

“Entrepreneurs need to appreciate the fact that peace for the country is peace for their businesses, too. We need a stable and peaceful country first and foremost.”

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PHOTOS: Lagos commuters stranded as fares spike by 50% amid petrol scarcity

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Commuters in many parts of Lagos were on Monday left stranded at different bus stops in the metropolis, amid the lingering petrol scarcity.

 

Fares were hiked by 50 percent as motorists filled up dispensing stations for the scarce commodity.

 

Some filling stations were shuttered, while others still selling petrol were encircled by long queues.

 

Some motorists said they bought petrol at N700 and N800 per litre at filling stations. Roadside dealers now sell the product for N1000 and N1200 per litre.

 

The petrol scarcity triggered a 50 percent increase in fares across Lagos.

From Abule Egba roundabout to Agege, commuters were asked to pay N300, which was previously N150 or N200. From Agege to Alausa in Ikeja is now N400, which cost N300 last week.

 

From Berger to Ikeja, commuters pay as high as N1000 in fares.

In most of the bus stops visited by TheCable on Monday morning, survival of the fittest was the prevailing philosophy as hordes of commuters were seen running after a few commercial buses

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: VGC chairman found dead inside his car in Lagos

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1. A Lagos-based man, Gihan Mbelu, has reportedly died in his vehicle in the Victoria Garden City area of Lagos State on Friday. It was gathered on Sunday that 42-year-old Mbelu had reportedly parked his car, a Mercedes C300 4Matic, running for several hours while he sat motionless in the car.

 

2. In response to the devastating tanker fire incident in Rivers State, President Bola Tinubu has directed federal agencies to continue providing support to the state government in addressing the aftermath of the tragedy. President Tinubu’s message, contained in a statement issued on Sunday by his Special Adviser on Media and Publicity, Ajuri Ngelale, also extended his heartfelt condolences to the families of the victims of the fire incident.

 

3. As the demolition of properties along the right of way for the construction of the Lagos-Calabar coastal highway begins, the federal government has promised to conduct the process with sensitivity, aiming to minimize disruptions to the lives of those affected.

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4. The National Drug Law Enforcement Agency, NDLEA, says two notorious drug kingpins: Uwaezuoke Ikenna Christian and Agbo Chidike Prince have been sentenced to life imprisonment for dealing in cocaine. Director, Media and Advocacy NDLEA, Femi Babafemi, who disclosed this in a statement on Sunday, said this brings to an end to their years of criminal enterprise of exporting cocaine across continents.

 

5. No fewer than 40 observers have been deployed by the Economic Community of West African States, ECOWAS, to Togo, ahead of the parliamentary and regional election. The elections have been scheduled for April 29, 2024. This was revealed in a statement by the regional body.

 

6. Osun State governor, Ademola Adeleke, on Sunday, April 28, warned petrol stations against hoarding of fuel as scarcity hit the state. Adeleke through his chief of staff, Kazeem Akinleye, who is also the chairman, Petroleum Monitoring Taskforce, warned against creating artificial scarcity.

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7. Former Governor of Jigawa State, Sule Lamido, has tackled Northern governors over their recent trip to the United States. In a Facebook post, he said the trip exposed the governors’ ignorance of the country’s constitution. According to him, security is solely the responsibility of the federal government because it is on the exclusive list.

 

8. The naira has demonstrated signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of trading activity on Friday.

 

9. The immediate-past governor of Benue State, Samuel Ortom, on Sunday, asked his counterpart in Kogi State, Yahaya Bello, to come out of his hiding and answer his case with the Economic and Financial Crimes Commission. Speaking at a Redeemed Christian Church of God in Makurdi, Benue State during the thanksgiving service organised by his aides for his 63rd birthday celebration, Ortom advised Bello to come out of hiding.

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10.
The campaign coordinator of Governor Lucky Aiyedatiwa in Supare, Akoko South West Local Government Area of Ondo State, Alaba Abbey, has been shot dead. Late Abbey was shot dead on Saturday evening at his residence in Supare.

 

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I’ll not govern Rivers on my knees, says Fubara

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Siminalayi Fubara, governor of Rivers, says he will not govern the state from a position of subservience or weakness.

Fubara made the remarks on Saturday, during a condolence visit to the Ubima, Ikwerre LGA country home of Celestine Omehia, a former governor of the state.

 

Omehia was laying Cecilia Omehia, his mother, to rest.

 

“I have come here with very few respected elders of the state, to come and support you and say to you that we sorrow with you,” Fubara said.

 

“The most important thing is to show our concern and love. Any human being who shows enmity to death, that person is not even normal.

“We also rejoice with you for a life lived well to fulfilment by Mama. We wish Mama a safe journey. Let her stay well where she has gone.”

 

He said politics of bitterness will impede the development of the state and that “it is only in unity that we can move our state forward”.

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“Anybody who claims to love this state should not be party to anything, directly or indirectly that will bring us backwards. We will continue to support every course that will advance the interests of our dear Rivers state,” he added.

“And I am happy to say, and I’ve said it over and again, it doesn’t matter the number of people that are standing with me, I will stand on that side of truth.

“I will not, I repeat, I will not govern our dear state on my knees. If that was the purpose, I will not do that.”

 

Fubara has been locked in a battle for the control of the political structure of Rivers with Nyesom Wike, his predecessor and minister of the federal capital territory (FCT).

 

The governor recently redeployed some members of his cabinet who are loyal to Wike.

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