Over 3000 delegates gather for PDP National Convention

Diezani, others alleged loot: I'll talk soon –Jonathan

The Olafeso faction is politically headed by the Chairman of the PDP Governors' Forum and Ekiti State Governor, Ayodele Fayose; while the Ogundipe faction has Senator Buruji Kashimu as its political leader.

National Caretaker Committee, Senator Ahmed Makarfi said five attempts at stopping the party's non-elective convention through the courts failed.

The policy of no "victor, no vanquished" has been fully implemented by the caretaker committee. Any time longer than three months will not be in the interest of the party. Okowa stated this yesterday while inspecting the Eagles Square, venue for the convention, assuring party members that every necessary arrangements have been taken care of. Ayim Pius Ayim, Governor of Ekiti state and Chairman of PDP Governors Forum, Mr. Ayodele Fayose, Governor of Delta state and Chairman of the 2017 Special Non-Elective National Convention Planning Committee, Sen.

"We are going to overcome that with our resilience and to do the needful, " Makarfi said.

North Korea Has Markets Nervous But Not Panicked
The FTSE 100 fell by more than 100 points as global investors continued to act on North Korea-related jitters. The 30-year bond was last up 4/32 in price to yield 2.7871 per cent, from 2.794 per cent late on Thursday.

"PDP members are coming to Abuja to celebrate, to tell Nigerians that this party has been reawakened and the party is poised not only to challenge for power but again, to begin a new era of good governance come 2019. We cannot afford to make another mistake that could affect the fortunes of the party in the days ahead".

"While others are of the view that the arrangement should be allowed, some are saying, it should be left open to all interested party members and allow delegates to chose whoever they want".

"The convention, which is the highest organ of the party, will consider these amendments and recommendations and decide whether to approve or not", he said.

In another development, former Senate President, Senator David Mark has called on the PDP to avoid mistakes in Saturday's convention, and harped on the need for a hitch free convention.

Swiss franc, yen rise as North Korea tensions brew
In the wake of the USA and North Korea tension Wall Street , Asian markets and European markets have all closed in red territory. The UK blue-chip index closed 113 points, or 1.5%, lower at 7,385, steadily losing ground as the trading session wore on.

"We have come this far through a tortuous journey".

In a statement issued yesterday, Mark again dismissed speculations that he would decamp from the party to the ruling All Progressives Congress (APC).

"We bequeathed the largest economy in Africa to the APC but they squandered it within six months to one year", Adeyeye adding that the two years administration of President Muhammadu Buhari remains "the worst era in the history of Nigeria".

Gold Surges On Producer Prices, North Korea
The S&P 500 declined 1.45% to end at 2,438.21, with information technology and financials leading the way lower. The Russian dollar-traded index RTS was down 1.49 percent, and ruble-traded MICEX fell 1.29 percent by midday.

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