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Kanye West Declears His Intention to Run for US President

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Kanye West Declears His Intention to Run for US president

Kanye West, a vocal supporter of United States President Donald Trump, announces his intention to run for president in 2020.

The American Rapper’s moves to challenge Trump and the presumptive Democratic rival, former Vice President Joe Biden is raising shocking reactions.

West is a businessman, record producer, and social activist who once spoke of launching a presidential campaign for 2024, made his “announcement” about this year in a cryptic tweet though experts are unsure how seriously to take West’s proclamation, assuming he could even get on state ballots at this point.

He communicated this through his twitter page;

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“We must now realize the promise of America by trusting God, unifying our vision and building our future. I am running for president of the United States,” West tweeted, adding an American flag emoji and the hashtag “#2020VISION”.

West, who has often injected himself into the political arena, has said both nice and critical things about Trump.

Recall, In October 2018, West attended an Oval Office meeting with Trump for a group discussion of criminal justice reform. It turned into one of the most unusual events in White House history.

As for the president, West said: “Trump is on his hero’s journey right now. And he might not have expected to have a crazy m—– f—– like Kanye West run up and support, but best believe we are going to make America great.”

 However, there is no evidence West has a campaign organization nor is there any indication he has filed papers with the Federal Election Commission just four months before the Nov. 3 election.

According to the electoral procedures, the filing deadlines for independent presidential candidates in many states have either passed or are coming up soon. Qualifying deadlines have passed in Texas, North Carolina, New York, Maine, New Mexico and Indiana.

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The last deadlines are in early September, just two months away, and candidates have to get thousands of people to sign petitions in each state in order to get on a ballot.

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West would have to clear procedural hurdles to get on the ballot on any state, and with little or no organization. If he makes the ballot in only a few states – still a big if – he could conceivably take black votes away from Democrat Joe Biden to the benefit of President Donald Trump.

Interestingly, West’s latest claim that he may challenge Trump and Democratic challenger Joe Biden did draw some support on social media.

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Tesla CEO Elon Musk, who supported Andrew Yang during the Democratic primaries, tweeted at Kanye that “you have my full support!”

“I don’t find Kanye serious,” Luntz said, “but I find his potential electoral impact serious if he still on the ballot in November.”

Political analyst Stuart Rothenberg, said polling on Kanye would be required to see “whether anybody takes him seriously” as a legitimate candidate.

“But how does he get on state ballots?” Rothenberg said. “How does he put together a campaign? What are his motives – is he trying to help Trump in attracting certain voters?”

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Rachel Bitecofer, election forecaster and senior fellow at the Niskanen Center, said a serious West candidacy would “not be an insignificant threat” to the Biden campaign. “Celebrity is a major asset,” she said, adding that even if West doesn’t appear on ballots, he has the money and fame to mount a legitimate write-in campaign.

“Then you don’t need ballot access. He’s got his own fortune, his wife’s fortunate and obviously support from Elon Musk, who’s a multi-billionaire,” she said.

Bitecofer said young voters, particularly under 24 years old, would be the most likely drawn to the “celebrity effect” and vote for West. That could include young Black voters. Bitecofer said the Trump campaign would have “an incentive” to promote West’s candidacy as a write-in to peel off potential votes from Biden.

“Let’s say he was serious and he put time, effort and money into this effort then it could potentially siphon off votes from Biden,” she said, and perhaps some votes from Trump as well. “It really would be dependent on that amount of effort. If it’s just a joke then obviously it’s not going to have that much of an effect.

“If I was on the Biden campaign today and this came across last night, I would definitely see it as a serious threat and one that I would want to avoid,” she said.

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CBN Sells Polaris Bank To SCIL

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CBN Sells Polaris Bank To SCIL
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The Central Bank of Nigeria (CBN) has announced the completion of the sale of shares in Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor.

In a statement signed by its Director, Corporate Communications Department, Osita Nwanisobi, the CBN said that SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement,  including the full repayment of the sum of N1.305 trillion,  being the value of the bonds, which as part of its intervention, in 2018, to revoke the licence of the former Skye Bank Plc. and establish Polaris Bank to assume its assets and certain liabilities,  the banking industry regulator injected into Polaris through the Asset Management Corporation of Nigeria (AMCON) and is to be repaid over a 25-year period.

The statement reads: “The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) are pleased to announce the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’).

“Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria intervened to revoke the licence of the former Skye Bank Plc. and established Polaris Bank to assume its assets and certain liabilities. As part of the CBN intervention, consideration bonds with a face value of N898 billion (future value of N1.305 trillion) was injected into the bridge bank through AMCON, to be repaid over a 25-year period.

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“These actions were taken to prevent the imminent collapse of the bank, enable its stabilisation and recovery, protect depositors’ fund, prevent job losses and preserve systemic financial stability. SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement which include the full repayment of the sum of N1.305 trillion, being the consideration bonds injected.

“The CBN thus received an immediate return for the value it has created in Polaris Bank during the stabilisation period, as well as ensuring that all funds originally provided to support the intervention are recovered. The sale was coordinated by a Divestment Committee comprising representatives of the CBN and AMCON, and advised by legal and financial consultants. The Committee conducted a sale process by ‘private treaty’, as provided in Section 34(5) of the AMCON Act to avoid negative speculations, retain value and preserve financial system stability.

“In the process, parties who had formally expressed an interest in acquiring Polaris Bank, subsequent to the CBN intervention in 2018, were invited to submit financial and technical proposals. Invitations to submit proposals were sent to 25 pre-qualified interested parties, out of which three parties eventually submitted final purchase proposals following technical evaluation. All submissions were subject to a rigorous transaction process from which SCIL emerged as the preferred bidder having presented the most comprehensive technical/financial purchase proposal as well as the highest rated growth plans for Polaris Bank.”

The CBN Governor, Mr. Godwin Emefiele, was quoted in the statement as saying that: “This sale marks the completion of a landmark intervention in a strategic institution in the Nigerian banking sector by the CBN and AMCON. We commend the outgoing board and management for their vital role since the bridge bank was established; in stabilising the Bank’s operations, its balance sheet and implementing strong governance structures to address the issues that led to the intervention.

“This process has provided the CBN with an unprecedented opportunity to recover its intervention funds in full and promote financial stability and inclusive growth. We wish SCIL well as they implement growth plans to build the bank from the strong foundations that have been established.”

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Media Intelligence agency Marks Six years of Operation in Nigeria

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Media Intelligence agency Marks Six years of Operation in Nigeria.
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Media Intelligence agency Marks Six years of Operation in Nigeria.

P+ Measurement Services, Nigeria’s foremost Independent Public Relations measurement and evaluation agency, celebrates its sixth year of effective operation with qualitative offerings for its numerous clients, as it rebrands with a new business logo, website, and office to deepen penetration.

The leading company has in the past six years engendered the needed growth for its clients, and the rebranding is part of efforts aimed at sustaining its leading position in the sector, having worked with over 47 brands and 17 Public Relations agencies in Africa’s largest economy.

The logo with new colors depicts the innovation and creativity of the brand, as also shown on its new website with the agency service rate, to enable brands and agencies to make faster decisions in budgeting.

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As the only AMEC Member in Nigeria, P+ has strong partnerships with the Nigerian Institute of Public Relations (NIPR) and Reelforge Media Monitoring, the biggest media monitoring agency in the East African region, covering more than five countries.

Speaking on the company’s new development, the Chief Insights Officer, Philip Odiakose, said P+ is strongly positioned to effectively deliver on its offerings, with state-of-the-art structure, process and highly skilled media analysts in an exceptional and value-driven business model in line with global best practices.

“Our Measurement and Evaluation report is in-depth, robust, and flexible to accommodate valid metrics that brands desire to see reflected in their customized reports, and also based on the AMEC Standard in accordance with the Barcelona Principle 3.0. We deploy the P+MCA (media content analysis) methodology for media evaluation and analysis based on qualitative and quantitative metrics in analyzing media exposure,” Odiakose affirmed.

He said the new office would serve as a hub in the country and the West Africa sub-region, where the company will provide media monitoring, measurement, evaluation, and performance audit services for brands, media agencies, government  agencies and NGOs.

Also as part of its efficient services, the measurement and evaluation company introduced “Get-Reports,” a novel product that allows the purchase of PR performance audit reports in key sectors.

The “Get-Reports” product spans across different industries which includes the 22 Commercial Nigerian Banks PR Performance Audit Report, Top Nigerian Insurance PR Performance Audit Report, Top Nigerian Digital Banks PR Performance Audit Report, and Top Online Streaming Services PR Performance Audit Report.

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It’s not too late for NASS to revisit e-transmission of election results – SAN

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By Gistflash News

Sept 26, 2021

A Senior Advocate of Nigeria (SAN), Mallam Yusuf Ali, says it is not to late for members of the  National Assembly to revisit the issue of  electronic transmission of election results to ensure credibility.
Ali, who made the remarks while speaking in an interview with newsmen on Sunday in Osogbo, said the more credible elections were, the less litigations they will attract.
The  News Agency of Nigeria (NAN) reports  that the Nigerian Senate had on July 16, passed the Electoral Act (Amendment) Bill, 2021, after division among its members on the electronic transmission of results.

The clause 52(2) of the bill gives the Independent National Electoral Commission (INEC) the discretion to determine when, where and how voting and transmission of results will be done.

The Senate had ruled out the possibility of having results transmitted electronically when it voted that the NCC, with the National Assembly’s approval, would determine whether INEC could transmit results electronically or not.

Similarly, the House of Representatives, on July 16, passed the Electoral Act (Amendment) Bill, maintaining the controversial Clause 52(2) as presented amidst protests, especially by members of the minority caucus.

After the passage of the bill, the Speaker, Mr Femi Gbajabiamila, criticised the proposed electronic transmission of election results, saying it was not feasible in the country for now.

According to Ali, since INEC had assured that it had the capacity to transmit election ressults electronically, it should be allowed to do so.
“For me, it is not too late for the National Assembly to revisit the matter, since the INEC said it has the capacity to transmit election results electronically.
“The legislature should do that which will assist in ensuring credible elections,” he said.
Ali also urged politicians to desist from “do-or-die” politics, adding that the electoral system was too moneytised.
“One major problem with our politicians is this do-or-die politics and the moneytisation of the political process.
“That is why we see so many litigations in the political process. It is all because people see political offices as an avenue to run away from poverty and not for service.
“I have said it before, if you are given an assignment for two or four years and you do it diligently, you will not want a renewal, you will just want to go home,” he said.
NAN

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