AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

Outgoing Nigerian President Olusegun Obasanjo told members of his party on Friday to expect a new leadership style under President-elect Umaru Yar'Adua but a continuation of reform policies.
Obasanjo, who is due to become chairman of the ruling People's Democratic Party (PDP) after he steps down on May 29, said the party would decide policy under the next government and the government would implement it.
The comments to newly elected PDP office holders reinforced perceptions that Obasanjo, who plucked Yar'Adua from obscurity a few months before the presidential election in April, will try to control the next administration from behind the scenes.
"For God's sake don't compare Umaru Yar'Adua with Obasanjo. We are two different personalities," said the former military ruler, who is renowned for his short temper and brusque manner.
"I will immediately react. If you say things I will even stop you if you are going too far. Umaru is patient, tolerant. He will be looking at you and even allow you to make a fool of yourself, but he will react all the same, and if you think he will not react you are deceiving yourself."
The PDP won a landslide victory in last month's polls for president, state governors and legislators, but international observers said widespread rigging and violence meant the elections were not credible. Obasanjo made no reference to the malpractices. He congratulated party members for their victory and praised Yar'Adua for promising to sustain the reform agenda.
"We will ensure that the party will be a party of policy and the government will be a government of programmes to implement the policies of the party," Obasanjo said. "We are building a new Nigeria where party supremacy will be maintained ... You cannot be loyal to the nation when you are not loyal to your party," said Obasanjo, whose election in 1999 ended three decades of almost continuous military dictatorship.
Obasanjo's reforms, based around spending controls and liberalisation, have won international praise but failed to lift the majority out of poverty in Africa's most populous nation.
Analysts say his anti-corruption fight became tarnished by political interference, as he used the anti-fraud squad to disqualify opposition candidates and intimidate internal opposition before the elections.
International observers said the PDP was mostly responsible for widespread ballot-stuffing, voter intimidation and violence in the elections which had been billed as the first fully democratic transition in Africa's top oil producer.

Copyright Reuters, 2007

Comments

Comments are closed.