APC chairman, Oyegun
APC chairman, Oyegun

ONLY Labour Party, LP, Senator, Ovie Omo-Agege representing Delta Central Senatorial District in the Senate yesterday defected to the All Progressives Congress, APC, thus further increasing the numerical strength of the ruling party to 65 in the upper legislative chamber. APC now has 65 Senators with 43 for the People’s Democratic Party, PDP, while the Independent National Electoral Commission, INEC, is yet to conduct by-election into the remaining senatorial seat in Anambra Central Senatorial District. Senator Omo-Agege, while notifying the Senate of his decision to dump the LP for the APC, cited Order 43 of the Senate Standing Orders 2011 (as amended), in seeking the permission of the President of the Senate to make personal explanation on the matter. Just like his colleagues who cross carpeted from the opposition PDP to the ruling party, the lawmaker anchored his defection on alleged irreconcilable division in the Labour Party. He said that the division within the party, whereby Comrade Bobo Adou and Alhaji Abdulkadir Abdulsalam were simultaneously laying claim to the national leadership of the party, compelled him to defect to the APC. According to Senator Omo-Agege, the division in the party has rendered the administration of the party ineffective at the federal level. The lawmaker further told the Senate that his decision to leave the Labour Party for APC was supported by the leaders and constituents of his senatorial district. He said, “Consequent upon the irreconcilable divisions and factions which have rendered the administration of the party ineffective at the federal level, and having regards to Section 68(g) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), may I humbly notify your excellency, the Senate President and my colleagues, of my decision to switch my party membership from the Labour Party to the All Progressives Congress, APC. “Mr. President, my decision to leave the Labour Party for APC is supported by the leaders and constituents of my senatorial district, considering the troubling fact of the division within the national leadership of the Labour Party. Comrade Bobo Adou and Alhaji Abdulkadir Abdulsalam are simultaneously laying claim to the national leadership of the Labour Party. “Therefore, Mr. President, May I kindly informs all here of this formal decision in this plenary. While I assure you of my highest esteem, be further assured of my total commitment to the legislative agenda of this 8th Senate under your leadership and absolute support for the APC government led by President Muhammadu Buhari.” In his remarks, the Senate President, Senator Bukola
Saraki, said that, based on the rules of the Senate, there could not be further debate on the matter since the Senator brought his notification to the Chamber via Order 43. Prior to the inauguration of the 8th Senate on June 9, 2015, APC had a total of 60 senators while the PDP had 49. Before Omo-Agege joined the league of defectors, former PDP senators, including the former Plateau State governor, Joshua Dariye (Plateau Central); Yele Omogunwa (Ondo South), Nelson Effiong (Akwa- Ibom South) and Andy Uba (Anambra South ) had also joined APC. However, the ruling party still needs additional eight seats in the Senate to get the required two-third majority which is 73 for it to be more comfortable. Nigeria aims to have marketdetermined exchange rates -official document Nigeria’s central bank aims to achieve a marketdetermined exchange rate regime, according to an official economic plan released on Tuesday, as pressure mounts to let the naira float freely. The government will also review and possibly remove a ban on accessing foreign exchange for 41 goods and services, said the Economic Recovery and Growth Plan 2017-2020, released by the Budget Ministry. Nigeria also sees 2017 inflation at 15.74 percent, and at 12.42 percent next year, the plan said. Inflation in January hit 18.7 percent, its highest level in more than 11 years.

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