** THE Presidency last night said former President Olusegun Obasanjo and his anointed candidate, Alhaji Atiku Abubakar, will lose together in next year’s presidential election. Reacting to Obasanjo’s endorsement of Atiku, the Presidency said President Buhari would not be distracted by the endorsement.

In a statement, Garba Shehu said the Presidency was not surprised by the development.

Shehu said: “The Presidency has received the news of Olusegun Obasanjo’s predictable U-turn and somersault on the endorsement of PDP candidate, Atiku Abubakar, at a meeting on Thursday, and to say that we are the least surprised by the well-rehearsed theatre”.


*. Reports circulating online indicates that Atiku Abubarkar may have named Nigeria’s Senate President, Dr Bukola Saraki as his campaign DG ahead of 2019 election.  The Lead campaign structure also has other presidential aspirants in the just concluded PDP presidential primaries in the campaign organisation in charge of the different geo political zones of the country with regard to mobilising support for his election as President.  Femi Kayode is allegedly in charge of Media and Publicity.

*. Mr. Ayodele Fayose, has said he won’t attend the inauguration of Dr. Kayode Fayemi on Tuesday because he has a date with the office of EFCC
The governor also advised members of the Ekiti State House of Assembly to co-operate with Fayemi and work for the interest of the state.
Fayemi had, on Wednesday, said he had invited Fayose and was expecting him to attend the swearing-in on Tuesday.


The National Police Chiefs Council revealed the total cost of the bill in order to make sure the US President was safe on his UK visit over the summer. BRITISH police spent £18million on keeping Donald Trump protected on his UK visit, it was revealed today. The UK authorities were forced to cough up the cash to make sure the US President was safe at all times on his three-day whistle stop trip to Britain in July, where he met the Queen and Theresa May. The police cost of Donald Trump’s visit was said to have cost £18million

Mohammed Dewji, who is Africa’s youngest billionaire, has been kidnapped in Dar es Salaam, Tanzania.
The 43-year-old Tanzanian tycoon was walking into the Colosseum Hotel and Fitness Club in Oyster Bay, Dar es Salaam for his routine gym session during the early hours of Thursday morning when two white men and an unknown number of accomplices in two cars waylaid him and quickly drove away with him. Dar es Salaam special zone police commander Lazaro Mambosasa said security personnel around the country have been put on high alert

Vice President Yemi Osinbajo has disclosed that Nigeria needs $1trillion to modernise the energy infrastructure. He spoke yesterday during the opening ceremony of the National Energy and Climate Change summit at State House, Banquet Hall, Abuja. According to him, the money was required in 29 years, between now and 2043. Represented Dr Ogbonnaya Onu, the vice president said the federal government was doing a lot to attract both domestic and foreign direct investment into the energy sector to meet the required investment.

The Senate Thursday approved the sum of N189.2 billion for the Independent National Electoral Commission (INEC) for the conduct of the 2019 general elections. This is coming as sharp disagreement appeared to have broken between the Presidency and the upper chamber over the source of funding of the INEC budget. In its approval, the Senate refused to give nod that the N189.2 billion for INEC should be sourced from Constituency Intervention Fund to fund the 2019 general elections.

The House of Reps on Thursday proposed the procurement of fire arms for the Sergeant-At-Arms at the National Assembly. The move which came under a motion of urgent national importance sponsored by Hon Ossai Ossai is to act as a check against future invasion of the chambers of the National Assembly. Mr Ossai, while raising the motion for the need to allow the Sergeant-At-Arms to procure arms, said it was a universal standard practice and because of the recent upsurge of security threats to the National Assembly.

The Ministry of Petroleum Resources has reacted to a report that the Minister, Ibe Kachikwu lied about graduating with First Class in Law. An online platform reported that Kachikwu was said to have misrepresented information about obtaining a First Class Degree from the prestigious University of Nigeria Nsukka, citing a presentation done at COZA Abuja. Reacting, however, a statement signed by Idang Alibi, Director, Press Ministry of Petroleum Resources, said the claims were completely false.

APC has said that Thursday’s endorsement of Presidential candidate of the main opposition PDP Alhaji Atiku Abubakar by Olusegun Obasanjo will not in any way affect the fortunes of the party in the 2019 Presidential election. National Vice Chairman South south of the party, Utufam Hilliard ETA told newsmen on Thursday evening that the former President has lost political value saying his endorsement has no effect Eta, who said the endorsement is not a threat to his party stated repeatedly: “Obasanjo will be dimistified.”

Senator Rabi’u Musa Kwankwaso has threatened to leave PDP if the leadership of the party in Abuja removed any member of the Kwankwasiyya movement from the list of its aspirants. Recall that Kwankwaso had held primaries for various elective offices in Kano which were allegedly won by his chosen aspirants, leaving aside other PDP members. A source within the party confided to Daily Trust yesterday that the former governor sounded the warning of leaving the party during a meeting held at Legacy House, Abuja.

The Asset Management Corporation of Nigeria (AMCON) has indicated that it wants to sell off Polaris Bank, formerly known as Skye Bank within two years. AMCON said it wants a quick sale of the lender created to take over the assets and liabilities of the failed Skye Bank Plc. This was revealed by the Chief Executive Officer, AMCON, Ahmed Kuru during an interview with Bloomberg Television in Lagos. Mr. Ahmed Kuru said the divestment would be quick as the agency had met with the management of Polaris Bank

The inspector general of police, Ibrahim Idris, has expressed displeasure over moves by the Police Service Commission to demote about 1,500 policemen who benefitted from the special promotion exercise carried out by him. Punch reports that among those pencilled down for demotion is the police spokesman, acting DCP Jimoh Moshood, and an officer of the Intelligence Response Team, DCP Abba Kyari. its gathers that the IG on September 23, 2018, wrote to the commission questioning its powers to reverse the promotion of the men.

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