 Let's see all the breakfasts and plus TV Africa and we're about to look at the pages this morning We like to call it off the press open a bonkat area is on standby. He joins us via phone Open a boy. It's good to have you join us. Good morning, and you know, I hope you're ready for the elections All right Let's start off with the leadership newspaper this morning governor's one of recession as cash crunch bites harder That's the bold caption you find Following the Nair exchange saga that we have been Experiencing acts president Muhammad a Buhari CBN to listen to the voice of reason What is the voice of reason? private sector cries out over a shortage and low sales pure POS Transaction slums by 13% if you feel pains to new boot tells Nigerians I Feel your pains are bigger pardon to new boot tells Nigerians Pdp insists a PC holding new notes in states. Wow These are the headers you find underneath the bold caption this morning. We'll see look at the leadership 2023 polls be Impatial can Catholic Bishop tells Inaq cost the umpires expected to be neutral in all of this despite caught Vedic customs auction petrol laden trucks as crap and Bandit skilled DPO for policemen in Niger state Don't incite you to violence There's a caution to politicians right there and just before move away from the leadership You find another the stage. We won't abandon you or co-assures families of slain policemen Fake opinion polls will cause violence and Pp warns. That's the much we can take this morning on the leadership newspaper Daily trust is up next with these headlines a cash crunch rural dwellers resort to Trade by barter. It's quite interesting cash crunch rural dwellers resort to trade by barter And the rioters to that can't access new notes old notes after taking cash to bank Bono Yobes villages tend to Niger's currency Quite quite bizarre situation in that part of the country at the top of that front page of the daily trust 13 days to go will work with women across states for TNB's victory Badau Obedience launch structured media in an up for election monitoring To rob a PDP governship candidate. I'll use military experience to address security challenges We're counting down to the elections quite close by I'm sure the excitement is palpable Nigeria records 13 percent growth as airlines airlift 16 million passengers How we influence those politicians mislead Nigerians ahead of elections a very big issue I take you as dss to interrogate finy coyote over cool allegation CBN's Naira policy is money confiscation ngf CBN's Naira policy is money confiscation ngf interesting Name they've come up with description. They've come up with Turkish embassy muric seek help for earthquake victims Abundant skilled DPO for policemen in Niger state and man dies in scuffle with school bus driver who defile his seven-year-old daughter as a picture of some of the you know displaced persons in Turkey Following that earthquake in Turkey and Syria so far the death toll is said to be crossing the 30,000 A person mark really sad one Hmm We need to turn our attention to the business day now That's what we're looking at mostly business stories that work impact the economy 31 governors pile up 4.8 trillionaire debt for successors like I would say Such a difficult time to vie for political office as governor president and what have you it's going to be a lot It's a big story on the business day As you're looking at the business day how buhari failed to heed cancel on chaotic redesigned policy sounds like an editorial and Nigerian businesses ricks was credit crunch in seven years supermarkets banks and old narrow collection Four ways to prevent violence in 2023 elections according to crisis group but Can violence be eliminated be eliminated? In our system or how can we prevent it? These are some of the questions Begging for answers. That's the much we can take this morning on the business day All right, let's quickly bring in a point of order at this point and of course We'll start with the stories on the front page of daily trust ahead of the 2023 elections We have 13 days to go mays and cotaria various political parties You know doing the final dance the last hurrah And trying to it's like enticing a lady a beautiful lady, you know with nice words On the front page, but are we speaking saying to work with women across states for victory? You have obedience launching a mobile app for election monitoring What are your thoughts on what's been going on so far with these stories and the campaigns in recent days ahead of the elections Oh Hello Yeah, maybe so Tara. Can you hear me, please? All right I'm saying that we start with the daily trust 18 days to go. That's what the paper is or 13 days to go is what the paper is saying Um, it seems that the political parties are doing their final bit to entice Nigerians to to vote for them What are your thoughts on what's been going on so far? Obeience Vipa says has launched a media app for election monitoring A member of the apc badaru is saying that they'll work with women across the states in the country for tinwuz victory And lot has been said in recent days Exactly Yeah, yeah with 13 days to go I'm sorry For example now You promise you make all the empty promises or even promises if you need that And those uh promises are persuaded enough, you know, it's allowed because all you need to do is Say something that you Make any Nigerian any good To good for you But the important thing is that it should be within the limits of the law I'm not Employing like what we had in the United States all kinds of bigger things What was supposed to be until A pack of lies property And what what is going on right now in the United States Say those acts that I may go and Very unconstitutional and I have definitely In contradiction of the electoral act Every other means to employ not being is called not being every other means to employ is allowed Now the question is Who will actually want to talk? It is elected that will be the question and that is where the second part of the electorate comes in And I like to be able to look at the antecedents of the candidates Uh, because funding of the three media for the look at the four major presidential candidates We are in office at one point in time earlier. We are talking of people. We are talking of Papa Uh, we are talking of So it's my incumbent on the election to Take on the advisement the antecedents while in office And living out of office their connector and show off how they've done post office error And that will definitely inform them and most importantly the ability to communicate on scale You know the ability to communicate effectively to their leverage which is you to convince them to vote for you There is nothing wrong with that you can set up radio stations You can set up a newspaper publishing house with control. Is there a problem in providing it is within the remit of the note? It is allowed. It's permissible But but Mr. Uttarab quickly before we look at the next story with mercy It seems that Atiku Abu Bakar has really not been as visible as the other candidates Who? Atiku Abu Bakar. It seems he's not been as visible as the other candidates Atiku Abu Bakar, I said it seems Well, you're talking about in terms of the media, am I right? Yes, in terms of the media in terms of traversing the length and breadth of Nigeria I mean, we've seen where Tilibah has been going at his age, you know Jumping everywhere I tell a lot of people That no matter how good and brilliant you are In the media So does not carry your stomach It's a waste Because and I think the Atiku Abu Bakar camp suddenly in my presidential candidate Is not really interested in publicity, so to speak Aggressive publicity The world has gone beyond the normal publicity we used to have but even at that if you compare the publicity Of Atiku and that of the other presidential candidate Bakar is not in the line And that is why it seems that this is not visible. He's working no doubt about that But I always say that any politician Who has placed down on publicity is actually not serious And this whether it like it or not publicity goes a long way to mold opinion of them And that is the problem with Atiku's camp and that is why it seems that it's not that visible If the question of publicity Well, let's look at the business day 31 governors pile up 4.8 Trillionaire debt for successors And my question to you is what do you make of the precarious State of finances of this, you know state government or state governors Most governors They please they are trying to drive They get loans Ostensibly to executive projects Most of these loans are not used for the very purpose but we never got it They get these loans and set up online their pockets Some of them will start projects that they will never never complete Some of them will start projects that they will complete But the question is are those projects relevant at that point in time? because you know for fear of Prosperity when you need office what a lot of them do is they go even when it's not necessary to have the flyovers and bridges starting areas they go they get these loans in the name of a flyover And in most cases you find that even when the cost of that flyover is $10 billion $10 billion is $20 billion They will also get $10 billion for me And these are loans that want the paper And these debts are going to be managed by their successors And that is why I think the paper is now trying to draw the attention of Nigerians to this fact But it is a fact Most governors most successors The most effective way they make one that is that they inherited the death of social media And if you just suppose that with the development on ground you find out that You begin to wonder the so-called monies that know that they are collected Where are they injected into? Because there is nothing to justify the loans that the so-called sugar sources are collected And that is why it's now making an experimental headline That most successors are making very good loans Running into that amount that you have with the paper But I'd like to ask you because the list of these states you have the lights of river state Aquabomb state inclusive And of course legal state right there And we know that in terms of revenue capacity and generation and allocation from the Federation account it comes very huge So why exactly should the state be you know caught up in this saga of debt? Well in river states I don't want to talk of Aquabomb But in river why I say I don't know about Aquabomb is because I don't have the facts there about concerning Aquabomb But if you talk of river state for example This is expected although the governor has Both said on several occasions that is not going to leave any debt No debt will be noted by the censor But when you look at what is going on you find out that that is completely untrue Because loans are even collected in river state by the government of river state Just to dash another state How can you Talk of giving a state $500 million another state $300 million, another state $700 million, this or that Where will the money come from? That's with me because we don't even have that kind of money to play away We cannot take away sources like money we don't have that kind of money So where will the money come from? But for some political reasons Believe me it was going to clear the presidential ticket Or it was doing that He got out to ingratiate himself with the electric or the power company That he thought we're going to give him the ticket So they were just reaching out about the sources and he was collecting loans But then under the most circumstances their location from the federal government and our idea To sustain us and leave a multinational offer for his successor to start it But that is definitely not going to be the case because so much has been wasted by the government of river state Not in terms of projects and so on in terms of giving us drilling out money to stay And you cannot explain that what the federal government cannot even do Is what the government of river state is doing with our electricity What even the federal government cannot do? How many states have got to give the government money? No one, not one state The other day we went to Lagos, Brooklyn, the other one, $300 million Where do you have that kind of money from? That's what it is, they don't know And they start outside the window, you're getting this loan work at an office But it's another old, there is no promotion in the civil service Nothing, you don't have employment, you're getting better on employment Yes, you're drilling streets, they are giving out money out to others here What even the federal government cannot do? The federal government cannot, the treasury is in control of our treasury and not even China Is what the river state government is doing But that didn't do its successor was definitely here and that is why He is twice being that way, all the river state government is not going to provide facts It's not simple as that And I believe that is the case, you're not going to ask this Why don't the river state government have to write less of this? No, but the point is that they are in debt Yes, I mean, just before, I'm going to hand this over to Kofi now But my point here is, if you have the state over time that have been rated As states that have the capacity or over time have generated internal revenue To cater for the expenses Then how come they are also part of this debt profile that they are living for their successes Is the question They have the capacity to sustain You have enough money, I got this, meaning you have enough money That can take care of all your needs in the state, so to speak But when you freak out and wait until something, definitely you're going to be in need You're going to have a lack of it, it's not simple as that For example, now I have money to pay my child's school fees Which is 10 million naira, for example Our school fees is 10 million naira Our school fees is 10 million naira And I have 10 million naira Now I don't pay the school fees And I start giving out the 2 million, 1 million, 3 million The way they start to pay school fees I'll pass you on to Tatu, now I've got more money That is what I say So if you manage your resources, you're not going to hold down getting in need for that But it is because the resources are not put in, the resources are managed So if they print away these resources and because they have access to these loads They can't get in on So that's why the IGR, which is about 8 billion, they will not take them no more And they allocate on this more than enough More than enough You don't need loads to do these things Ms. Sincotera, thank you very much for your time It's quite interesting I heard you referring to a governorship candidate of the PDP and reversed it as a boy I don't know why he did that Sorry? I heard you referring to... Sorry? Did I hear... Did we hear you refer to the governorship candidate of the PDP and reversed it as a boy? Of course you're not a boy If I say you're a man, what is wrong? All right Okay, well... I mean, are you not a boy? If somebody does that and he calls me a boy, what is wrong with that? Let's not blow this, this is not a proportion, it's from my younger So if I call you a boy, what is wrong with that? All right, all right Ms. Sincotera You're not a boy, you're just a boy You're just not a girl You're just not a girl Um, um, anyway, thank you so much for your time Um, we have a lot we could have touched on Especially with regards to the new Naira Um, we hear some people are using pattern means to... I don't know, I don't know when to go into the new Naira notes Yeah, yeah Okay, just a word on that before you go Just very quick, we have only a minute So just a word on that, you know, we hear in there Resulting to batter in some parts of the country The Niger Republic currency is what is being used And the NGF are saying that the CBN is engaging in Naira confiscation So in a sentence or two, your thoughts on that, please Yeah, loud and clear Um, I just said for intense people's reasons for the implementation is the problem I am calling for the immediate stack of the CBN governor Because the man is grossly incompetent What you have is concerning the Naira notes, it's arbitrageant You have the situation where you want, you want to collect one thousand Naira Or ten thousand Naira, you'll try two, three thousand Naira That's arbitrageant And it's so poised like a dollar And this has got a toll hatching on Nigerians You know, not that much like the bad governor who had in the last seven years or thereabouts This has washed in the situation So if most of us are not able to hold There are many Nigerians who are not able to hold Just one thousand Naira, the new Naira notes of all If I recall as well as the fifty Naira, hundred Naira notes Why are those notes not the circulation? Thank you very much We have to go Apologize for interrupting But we have to go That's the size of the press This morning we'll take a break When we come back we dive into our first major conversation Talking about political corruption The economy of political corruption in Nigeria We'll be right back