• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

Presidency says it won’t extend tenure beyond May 29 2023

Says no tenure elongation

William Ukpe by William Ukpe
May 11, 2022
in Politics
Nigeria’s 13-year deficit financing is yet to yield positives
Share on FacebookShare on TwitterShare on Linkedin

The Presidency disclosed that it won’t extend its constitutionally mandated tenure of 8 years presidency, stating that the President is committed to entrenching democratic values across the country.

This was disclosed in a statement by President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, on Tuesday in response to Chief Roberts Clarke’s call for the extension of President Muhammadu Buhari’s administration by six months.

It also stated that calls to suspend the election for an interim government will not happen.

RelatedStories

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 

August 2, 2025
OPay Nigeria’s CEO, Olu Akanmu, resigns amid company’s 5th Anniversary celebration

Why many Nigerians are still unbanked despite the rise of fintechs—Olu Akanmu  

August 2, 2025

What the presidency is saying

Shehu said Buhari would handover to democratically elected winners of the forthcoming 2023 general elections on May 29, citing that in response to the Senior Advocate of Nigeria’s recent remarks, the Presidency wishes to state as follows:

He said, ”Chief Robert Clarke, a very well-respected elder may be sincere in his wish for the President to extend his term by six months.

”We wish to categorically restate that the President will step down on May 29th, 2023, after serving two terms – as per the constitution.

”Having been the first recipient of a democratic transfer of power from an incumbent administration to an opposition candidate in Nigerian history, the President is committed to extending and entrenching democratic values across the country.

”He shall, in turn, hand the privilege of serving the people of Nigeria to whomever they choose through free, fair and credible elections.”

He added that Chief Clarke is right to say that without security, Nigeria would not likely realize its true potential as a peaceful and prosperous nation. That is why it has been at the core of this administration, as Boko Haram has been forced back from controlling whole swathes of the country and Internally Displaced Persons are now returning to rebuild their communities.

He maintained that until the last day of the administration, the security of the citizens shall remain the administration’s paramount concern.

On a similar call by another respect lawyer, Afe Babalola, that the 2023 general elections be suspended in view of the nation’s security challenges.

He said: ”Yet there are others, such as Chief Afe Babalola, that believe elections should be suspended, with the current elected government replaced by an interim unelected administration.

”This, he claims, is necessary to create a new constitution for the people, made possible, paradoxically, by ignoring their democratic rights. Down that path lies crisis and instability.

”Instead, this administration proposes something entirely simpler: honouring the constitution and people’s right to decide.”


Follow us for Breaking News and Market Intelligence.
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 
Companies

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 

August 2, 2025
OPay Nigeria’s CEO, Olu Akanmu, resigns amid company’s 5th Anniversary celebration
Financial Services

Why many Nigerians are still unbanked despite the rise of fintechs—Olu Akanmu  

August 2, 2025
MTN
Equities

MTN Nigeria now the most capitalized stock in Nigeria

August 2, 2025
Kashifu Inuwa Abdullahi, Director-General/CEO of the National Information Technology Development Agency, NITDA
Sectors

NITDA pushes for data harmonization to drive Nigeria’s digital identity and national planning 

August 2, 2025
Nigerian Immigration warns citizens against misusing U.S. visas, urges strict compliance 
"Japa"

Nigerian Immigration warns citizens against misusing U.S. visas, urges strict compliance 

August 2, 2025
Bitcoin, Ethereum crash as Crypto liquidation hits $708 million 
Cryptos

Bitcoin, Ethereum crash as Crypto liquidation hits $708 million 

August 2, 2025
Next Post
Timipre Sylva says he has directed NMDPRA to sanction those making profits from fuel crises

FG says West African gas pipeline expansion project to boost natural gas supply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Palmpay

first bank








DUNS

Recent News

  • Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 
  • Why many Nigerians are still unbanked despite the rise of fintechs—Olu Akanmu  
  • MTN Nigeria now the most capitalized stock in Nigeria

Follow us on social media:

Recent News

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 

Inside Africa’s Financial Vanguard: Defining the future of strategic leadership 

August 2, 2025
OPay Nigeria’s CEO, Olu Akanmu, resigns amid company’s 5th Anniversary celebration

Why many Nigerians are still unbanked despite the rise of fintechs—Olu Akanmu  

August 2, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics