Hayatu-Deen Withdraws From PDP Presidential Race Says contest insanely monetised

Former bank chief, Mohammed Hayatu-Deen has withdrawn from the race for the presidential ticket of the Peoples Democratic Party (PDP).

He made the announcement in a letter dated May 27, 2022 and addressed to the National Chairman of the party.

The withdrawal comes barely 24 hours to the national convention of the main opposition party taking place in Abuja to pick its 2023 presidential flag bearer.

He gave his reasons for stepping down in the race.

His letter reads: “I have been a keen observer of Nigerian politics for so many decades, but have not been opportuned to actively participate in party politics due to my engagements in managing critical public and private institutions, among others.

“I have observed with great concern and sorrow the recent rapid deterioration of all aspects of our national life characterised by increasing poverty, religious intolerance, banditry and kidnapping, monumental oil theft, corruption, mismanagement of national assets, communal and  religious strifes and near collapse of public services and public institutions.

“During my recent nationwide trips, I came face to face with angry and hungry youths, children, boys and girls abandoned by their states who ought to provide them with education and vocational training. These had become the recruiting grounds of criminals, religious and political extremists.

“I planned to ensure that the great potential that had become the hallmark of Nigeria’s development paradigm, should be actualized during our presidency. We planned to make Nigeria the continental economic powerhouse which would guarantee high quality of life to the vast majority of our citizens.

“I planned to provide peace by ending insurgency of all types occasioned by the absence of a robust and coherent plan and lack of engagements with those involved and by improving the capacity of our intelligence services, the armed forces, the police and paramilitary services.

“I planned to put a final stop to the incessant closure of our universities and other public institutions due to strikes. As we speak, another round of strikes is going on and nobody knows when our public universities would be opened.

“I was driven by passion and commitment to the cause of salvaging our country which is on the verge of collapse.

“My exposure locally and internationally and contributions to the nation’s economic and political-well being positioned me to take up the challenges facing our dear nation and – the courage to participate in this grueling exercise which most of our elites have shunned away from.