ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, January 13, 2026
  • 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
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
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 Another Top PDP Presidential Aspirant has withdrawn from the race over party monetization.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reports that the former Managing Director and Chief Executive of FSB International Bank, Mohammed Hayatu-Deen has withdrawn from the Peoples Democratic Party (PDP) Presidential race.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.

 

 

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

BREAKING: EFCC Officials Storm Venue Of PDP National Convention

Trending Stories

No Content Available

Latest Stories

Katsina Government Under Fire Over Move to Free 70 Banditry Suspects Under Secret Peace Deal

Fayose Warns ADC Risks Irrelevance Without Peter Obi as 2027 Presidential Flagbearer

BREAKING: Police Uncover Plot To Assassinate FCT Minister Wike, Summon Ex-SSG Danagogo

BREAKING: 95 Royal Candidates Jostle for Awujale of Ijebuland Throne

SERAP Sues INEC Over Alleged N55.9bn Misuse of 2019 Election Funds

Why Technology-Enabled Banking Is a Multiplier for Nigeria’s 2036 Goal By Henry Obiekea

A Disturbing Culture of Waste in Public Office By Festus Edovia

“Turning the World to Den of Robbers”  By Oyevesho-Daniel

PwC Warns 34.7 Million Nigerians Face Acute Food Insecurity in 2026 Amid Conflict, Rising Costs Crisis

FG Tax Reform Committee Rebuts KPMG, Defends Controversial New Nigeria Tax Laws

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: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

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

Copyright © 2023 Newsonline Nigeria

Exit mobile version