Politics

2023 Elections: Ex-Nigerian President Obasanjo, says Peter Obi has edge over Tinubu, Atiku, others

Published

2 years ago

January 1, 2023

Former Nigerian president, Olusegun Obasanjo, has endorsed Labour Party’s presidential candidate, Peter Obi ahead of the 2023 elections.

Obasanjo, who was Nigeria’s president between 1999 and 2007 made the news of the endorsement on Sunday in a letter conveying his New Year message to Nigerians.

He charged Nigeria’s largest age distribution, the youth to rise up to their civic responsibilities at the polls and participation in politics generally.

“And you, the youth, it is your time and your turn. ‘Eyin Lokan’ (Your turn). The power to change is in your hands. Your future, my future, and the future of grandchildren and great-grandchildren are in your hands. Politics and elections are numbers games. You have the numbers, get up, stand up and make your numbers count,” the letter reads.

Nigeria is due for another general election in 2023 when President Muhammadu Buhari, who has been in office since 2015 will be completing his second term of four years.

The former president said among the leading presidential candidates, Peter Obi has what it takes to put Nigeria on the right path to progress.

“None of the contestants is a saint but when one compares their character, antecedent, understanding, knowledge, discipline, and vitality that they can bring to bear and the great efforts required to stay focused on the job, particularly looking at where the country is today and with the experience on the job that I personally had, Peter Obi as a mentee has an edge,” he said.

The 2023 presidential elections in Nigeria are expected to be a close contest between Bola Tinubu of the ruling All Progressive Congress, Atiku Abubakar of the opposition Peoples Democratic Party (PDP), and dark-horse Peter Obi of the Labour Party.

Related Topics:Featured Olusegun Obasanjo Peter Obi

Click to comment

Politics

Botswana’s new president wants swift resolution of De Beers diamond deal

Published

3 days ago

November 2, 2024

Ifeoluwa Dada

Duma Boko, the recently elected president of Botswana, stated on Friday that he hoped to wrap up negotiations for a new sales agreement with the multinational diamond mining conglomerate, De Beers, as quickly as possible.

“The relationship with De Beers could have been damaged by the way the negotiations were handled,” President Boko said in a televised statement from Gaborone, Botswana’s capital. “The first thing that needs to be done is to engage the other party”.

The government’s portion of diamonds from the Debswana joint venture will progressively rise to 50% over the following ten years, according to a new diamond sales agreement reached last year by De Beers, a division of Anglo American.

Currently, De Beers purchases 75% of the production from Debswana Diamond Company, which is jointly controlled by Botswana and De Beers.

The agreement has not yet been signed, even though the Botswana government and the departing president, Mokgweetsi Masisi, praised its benefits Beers was “thinking about walking away, not signing at all… (a) very dangerous position to be in as a country,” according to Boko.

According to Boko, his new government wishes to communicate with De Beers to comprehend its issues.

“A proper negotiation involves compromise, where you get a bit of what you wanted, the other person gets a bit,” Boko said. “Then…you have a durable, sustainable agreement.”

As part of a larger reorganisation of its extensive operations, Anglo is developing a strategy to sell out De Beers. In July, Masisi stated that the Botswana government might increase its 15% stake in De Beers.A decline in worldwide demand has severely impacted diamond prices, just like it has for other luxury items. De Beers has been providing contracted clients with flexibility and limiting supply.

Politics

President Maisi concedes as Botswana’s ruling party loses 58-year reign

Published

4 days ago

November 1, 2024

Ifeoluwa Dada

Following preliminary results showing his party lost its legislative majority by a landslide in this week’s election, Botswana’s President, Mokgweetsi Masisi, announced his party’s defeat on Friday, ending nearly 60 years in power.

The opposition coalition, Umbrella for Democratic Change (UDC), held a sizable lead with over half of the constituencies reporting, placing its leader, attorney Duma Boko, in a strong position to win the presidency.

According to analysts, the Botswana Democratic Party (BDP), which has controlled the small southern African nation since gaining independence from Britain in 1966, was overthrown by growing socioeconomic dissatisfaction, especially among young people.

Botswana has always relied heavily on its diamond industry for revenue, but this year’s economic growth was severely hampered by a decline in the world diamond market, and unemployment increased to 28%.

According to results from 41 of the 61 constituencies up for election, the UDC had gained 26 seats in parliament, while the BDP had only three, according to state television. The president is chosen by the members of parliament.

Boko, who hasn’t made any public statements since the outcome, ran on a platform of increasing social grants and the minimum wage.

“Although I wanted to stay on as your president, I respect the will of the people and I congratulate the president-elect. I will step aside and I will support the new administration,” Masisi said at a press conference.

Small groups of supporters of the opposition celebrated in the streets of Gaborone, the capital, on Friday morning, which was peaceful.

“I did not ever think I would witness this change in my life,” said 23-year-old student Mpho Mogorosi. “The BDP had stayed too long in power and I am proud to be part of the people that removed them for a better Botswana.”

After South Africa’s African National Congress lost its legislative majority after 30 years in power and was compelled to form a coalition government, the BDP became the second long-ruling party in southern Africa to lose at the polls this year.

Later this month, elections will be held in neighbouring Namibia, where the SWAPO party, which has ruled since 1990, is anticipated to face fierce opposition.

“The outcome of Botswana’s elections should serve as a warning to long-time ruling parties across southern Africa and beyond that without economic progress and employment opportunities, political dominance will falter,” said Zaynab Hoosen, an Africa analyst at Pangea-Risk.