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Human rights lawyer, Ebun-Olu Adegboruwa yesterday criticized the inaugural speech delivered by the President, Muhammadu Buhari, describing it as illusory. The Lagos based activist said the speech is vague and appeared like that of a novice power. He said: “It is gratifying that General Buhari has vowed to tackle the rot in the power sector, even though he did not give any direction on how to do that. By and large, it is my view that the President has not addressed the real issues affecting our lives in Nigeria. “It would seem that the President is still on the soap box, whereby promises and promises and intentions, are the order. He is the President of Nigeria now and my expectation was that since March 28, 2015, when he won the election, when he received the certificate of return from INEC, when he got assurances from Dr. Goodluck Jonathan, that his election would not be contested, General Buhari would have outlined his main policy direction. But alas, that has not happened today”. According to him, the President did not say anything on his foreign policy directive, on issues relating to global warming and climate change, the violence in the Middle East and the general global economic downturn.
Following the inauguration of the new administration, the naira may be devalued again to reflect the recent drop in Nigeria’s foreign reserves, analysts at Renaissance Capital have said.
The analysts said this in a report, ‘Nigeria beyond May 29: Managing expectations,’ which was made available to our correspondent on Friday.
The analysts, however, noted that the Central Bank of Nigeria was likely to move back toward a ‘managed float versus the managed peg’ of recent months.
They said, “Post-inauguration, we think the naira – which has essentially been pegged at N199/$1 since the mid-February devaluation – will be devalued, to reflect the $4.5bn fall in FX reserves since the February devaluation.”
The United States Secretary of State, John Kerry, on Friday, described President Muhammadu Buhari’s inaugural speech as laying out “a powerful agenda.”
Kerry, who gave assurance that the United States would support the new administration to tackle insurgency and the economic challenges bedevilling the country, was accosted by journalists within the venue of the inauguration immediately after the event.
He said, “The inauguration is historic and very promising. The President made a very important speech, laid out a very powerful agenda and the United States is prepared to work very closely to help to do and everything we can on the economy, Boko Haram and other issues. The President did a very great job today.”
Soft-spoken but extremely eloquent, there are many things that make Aisha Buhari, wife of Nigeria’s new president thick. Blessed with an infectious smile; many, often as a result of her warm disposition, underrate the power that lies in her.
Though, only soaring in popularity in recent months especially in the build up to the March 28 presidential elections where her husband, Muhammadu, a retired military general and former Head of State, coasted to an overwhelming victory, Aisha has always been a known face especially among people who seek to pamper their bodies. The First Lady, until recently, owned one of the biggest spas and beauty institute in the country. Situated along Camp Road, a high brow area of Ungwan-Rimi Government Residential Area in Kaduna State, Hanzy Spa and Hanzy Beauty Institute was always a beehive of activities all week long. It is the first beauty institute in Northern Nigeria and is a National Board of Technical Education accredited vocational training centre and registered by the Ministry of Education with the aim of exploring the untapped wealth in the emerging beauty industry.
Full text of the inaugural speech by His Excellency, President Muhammadu Buhari following his swearing-in as President of the Federal Republic of Nigeria on 29th May, 2015
I am immensely grateful to God Who Has preserved us to witness this day and this occasion. Today marks a triumph for Nigeria and an occasion to celebrate her freedom and cherish her democracy. Nigerians have shown their commitment to democracy and are determined to entrench its culture. Our journey has not been easy but thanks to the determination of our people and strong support from friends abroad we have today a truly democratically elected government in place.
I would like to thank President Goodluck Jonathan for his display of statesmanship in setting a precedent for us that has now made our people proud to be Nigerians wherever they are. With the support and cooperation he has given to the transition process, he has made it possible for us to show the world that despite the perceived tension in the land we can be a united people capable of doing what is right for our nation. Together we co-operated to surprise the world that had come to expect only the worst from Nigeria. I hope this act of graciously accepting defeat by the outgoing President will become the standard of political conduct in the country.
I would like to thank the millions of our supporters who believed in us even when the cause seemed hopeless. I salute their resolve in waiting long hours in rain and hot sunshine to register and cast their votes and stay all night if necessary to protect and ensure their votes count and were counted. I thank those who tirelessly carried the campaign on the social media. At the same time, I thank our other countrymen and women who did not vote for us but contributed to make our democratic culture truly competitive, strong and definitive.
The National Drug Law Enforcement Agency said even though it withdrew its operatives from the house of senator-elect, Mr. Buruji Kashamu, in compliance with a court order, the extradition effort against the senator is not over.
The operatives of the agency had on Saturday, May 23, 2015 besieged Kasamu’s home in Lekki area of Lagos, placing the newly elected senator representing Ogun East Senatorial District under house arrest.
The agency said it only withdrew from Kashamu’s house when it officially received a copy of the order from the court on Thursday May 28, 2015.
Imo State Governor, Owelle Rochas Okorocha, on Friday denied having a faceoff with former Governor of Abia State and All Progressives Congress chieftain, Dr. Ogbonnaya Onu, over the choice of who becomes the Secretary to the Government of the Federation. Okorocha, who cleared the air while addressing journalists at the Government House in Owerri, said he still had good relationship with Onu, adding that Onu’s name was among the three he submitted to President Muhammadu Buhari for consideration for the office of the SGF. He said, “When the Ndigbo lost the chance to produce the Senate President or the Speaker of the House of Representatives, which was initially zoned to the South-East, we then brought the idea of the SGF, I nominated Onu, Senator Chris Ngige and Prof. Anthony Anwuka (Secretary to Imo State Government). But this was before Buhari said he was not going to take any list from any governor.” In his speech at the swearing-in ceremony at the Dan Anyiam Stadium, Okorocha told the people of the state to expect a vibrant government that would be committed to service. He stressed that he kept his campaign promises to the people in the last four years. Okorocha said, “Four years ago, I gave you my word. I told you that my word was my bond. I gave my people my word when I assured them that I would keep the citizens safe and secure within the four walls of our peace-loving state.
The national leader of the All Progressives Congress, Asiwaju Bola Tinubu, has said that Nigeria has been liberated from years of the Peoples Democratic Party’s misrule as Muhammadu Buhari was sworn in as the new President of the country. In a statement issued on Friday to mark Democracy Day titled, ‘A new Nigeria is possible beginning today,’ Tinubu urged Nigerians to continue to hold public office holders responsible to ensure that their struggle is not in vain. He said, “Today, the old Nigeria is no longer in chains as we move into a new era and take hold of our new selves. From President (Muhammadu) Buhari to the state governors inaugurated this day, I wish them well and pray they govern in an open, democratic way that assures your optimal wellbeing. “I ask that you, the people, maintain your diligence and help guide those you have just elected. The issues that confront us are deep and complex. They are not susceptible to facile solution or inattention. Wise and sound policy is within our capacity. But, we must have the will to accomplish it. If the governed and the government work in league, there is nothing our beloved nation cannot overcome.” The APC chieftain noted that this year’s commemoration would be recorded in history as the moment when “democracy finally was allowed to participate in Democracy Day.”