ANOTHER issue is that of immunity for presidents and vice presidents as well as governors and deputy governors. I am unequivocally for the retention of the immunity clause. It is not in the interest of the tax paying public that the immunity clause should be removed, contrary to improperly “chewed”, popular view.

A WEEK can be a very long time in politics. This is even truer within the pressure cooker ambience of Nigerian politics. Two events this week, underline the central place of power and the incredible struggle to retain it, by the denizens of the PDP.

THE Uyo Confab ought then to have this present condition of the Nigeria society as the reference of all its deliberations.

“First of all, you have got liquidity surplus in the banking industry; … there is over N1.3tn or so sitting in banks and belonging to government agencies. Now basically, they (these funds) are at zero percent interest and the banks are lending about N2tn to the government and charging 13 to 14%! Now, that is a very good business model, isn’t it? Give me your money for free and I lend it to you at 14%; so why would I go and lend to anyone?”

BETWEEN 2005 and 2006, the regime of President Olusegun Obasanjo started elaborate amendment of the 1999 Constitution. He empanelled the National Political Reform Conference (NPFL). The effort died on the floor of the Senate due to Obasanjo’s insertion of a clause seeking to extend his tenure.