• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, May 9, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home 2023 Elections

BREAKING: Another Top PDP Presidential Aspirant Withdraws Over Party Monetization

by NewsOnline Nigeria
May 28, 2022
in 2023 Elections, Headline
0
PDP Presidential Aspirant

 Another Top PDP Presidential Aspirant has withdrawn from the race over party monetization.

 

 

Newsonline reports that the former Managing Director and Chief Executive of FSB International Bank, Mohammed Hayatu-Deen has withdrawn from the Peoples Democratic Party (PDP) Presidential race.

 

PDP National Convention to elect a 2023 Presidential candidate out of the 15 aspirants is slated for today, in Abuja.

 

PDP Presidential Aspirant

 

The foremost Economist and Banker, in a letter, addressed to the PDP National Chairman, Iyorchia Ayu, said interacting with Nigerians from all walks of life had reinforced his resolve that Nigeria must be saved, otherwise, the future is doomed.

 

He lamented that for years he observed with great concern and sorrow the recent rapid deterioration of all aspects of Nigeria’s national life characterised by increasing poverty, religious intolerance, banditry and kidnapping, monumental oil theft, corruption, mismanagement of national assets, communal and religious strifes and near collapse of public services and public institutions.

 

Hayatu-Deen said he planned to ensure that the great potential that had become the hallmark of Nigeria’s development paradigm should be actualized during his presidency.

 

He alleged that the primary had been “obscenely monetised”.

 

The renowned economist said he planned to make Nigeria the continental economic powerhouse, which would guarantee high quality of life for most Nigerians.

 

The foremost Banker said his ambition was driven by passion and commitment to rescue Nigeria which is on the verge of collapse.

 

He said “My exposure locally and internationally and contributions to the nation’s economic and political well being positioned me to take up the challenges facing our dear nation and the courage to participate in this gruelling exercise which most of our elites have shunned away from. Regrettably, the political system has proved to be acrimonious, corrupt and self-serving.

 

“I joined the contest as a democrat, with an open mind to keenly contest and accept the result of a process that is fair, credible and transparent

 

“We have endeavoured to forge a consensus which would have facilitated a seamless emergence of a candidate which unfortunately could not be achieved.

 

“I wish to reiterate that I did not join party politics and to contest for the presidency because of personal gains and inordinate ambition, but to serve our country.

 

“It is, therefore, based on personal principles and with great humility that I have decided after wide consultations to withdraw from this contest which has been obscenely monetized”.

 

Hayatu-Deen assured that as a very loyal party member and believer in the democratic process, he’ll continue to avail himself and his teeming supporters at all times to ensure the victory of the PDP.

Previous Post

BREAKING: Governor Ben Ayade Loses APC Senatorial Ticket (See Final Result)

Next Post

BREAKING: EFCC Officials Storm Venue Of PDP National Convention

Next Post
PDP National Convention

BREAKING: EFCC Officials Storm Venue Of PDP National Convention

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: justice@newsonlineng.com

OFFICE ADDRESS

6th Ave, Amuwo Odofin, Lagos 102213, Lagos

+2348161846326

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria