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Ministerial list: IPAC calls for inclusion of opposition party members to stabilize the polity

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The Inter Party Advisory Council (IPAC), has commended President Bola Tinubu for the release of the ministerial list, but called for the inclusion of members of opposition parties for stability in the polity.

The National Chairman of IPAC, Mr Yabaji Sani, made the call in a statement signed on Friday in Abuja by Mrs Chinyere Kalu, the IPAC National Publicity Secretary.

Sani said it was pertinent for the president to bring on board more opposition party members, which would be in tandem with his campaign promises to all Nigerians.

“Following the release of the much-awaited ministerial list of nominees to the Senate on Thursday, July 27, by President Bola Ahmed Tinubu, IPAC has called for the need for more inclusivity for stability in the body polity.

“The list which was delivered by the Chief of Staff, Mr. Femi Gbajabiamila, contains 28 names with four former governors, seven women and 16 other notable Nigerians from all walks of life.

“IPAC commends Mr President for complying with the stipulated constitutional time frame of 60 days after swearing in, in submitting the ministerial nominees to the Senate for screening and confirmation.

“Noteworthy is that the President brought on board people with good professional track records, thereby fulfilling his promise of uniting Nigerians on the mantra of ‘Renewed Hope,” he said.

He, however, added that “while acknowledging and appreciating the way he has run the affairs of the State so far, IPAC suggests that Mr President should do away with the winner takes all syndrome, and chart a way forward for the nation.

“Mr President should be more magnanimous by bringing on board more opposition party members, which will be in tandem with his campaign promises to all Nigerians and even after the elections, where he pledged to run an all inclusive government,” he said.

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I Still Get Attacked By People – Yakubu Aiyegbeni Reveals

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In a recent interview, former Nigerian football star Yakubu Aiyegbeni has revealed that he continues to receive messages and criticisms from fans, years after his infamous miss during the 2010 FIFA World Cup match against South Korea.

The moment, etched into football history, occurred during Nigeria’s crucial group stage game against South Korea. With the score tied at 2-2 and a spot in the knockout stages on the line, Aiyegbeni found himself with what seemed like an open goal opportunity. However, to the shock of fans worldwide, he missed the chance, leaving Nigeria unable to secure the much-needed victory.

Despite this moment happening over a decade ago, Aiyegbeni expressed his surprise at the ongoing messages he receives about the miss. “I still get messages from people, different messages,” he stated in the interview. “It’s surprising how that moment still sticks with people, even after all these years.”

The striker, who had a successful career playing for clubs like Everton and Portsmouth in the English Premier League, admitted that the miss was a tough moment in his career. “Of course, it was a big moment, and I wish it had gone differently. But in football, you have highs and lows,” he remarked.

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Job Losses, Factory Closures Loom As Unsold Goods Pile Up — MAN

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AGAINST the backdrop of sustained pressure in the foreign exchange market and high cost of production, the Manufacturers Association of Nigeria, MAN has indicated that inventory of unsold goods is escalating to levels now threatening the existence of companies operating in the production sector of the economy with attendant job losses.

Findings show that as of the weekend the foreign exchange market had recorded over 254 per cent plunge in the value of the naira since flotation of the currency by the Central Bank of Nigeria (CBN) in June 2023.

Recall that the naira traded for N471 per dollar in the official I&E market on June 13, 2023 before the floatation of the currency, but exchanged for N1,665.50 to a dollar as at February 23, 2024 on the Nigerian Foreign Exchange Market (NAFEM), indicating a depreciation of more than 253.6 per cent over the eight-month period. The forex crisis is also stoking inflation, and coupled with high energy costs, purchasing power has continued plummet, stifling demand for goods.

Speaking on the impact of this development on the manufacturing sector, Director General, MAN, Segun Ajayi-Kadir, said: “There are reports that across the board, many warehouses and plants of many manufacturing firms are stockpiled with unsold goods manufactured last year. “The development is as a result of the devastating effects of the exchange rate crisis, inflation, fake and sub-standard goods, smuggling and other macro-economics challenges.”

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