‘PDP presidential primary is obscenely monetised’ – Ex-bank chief, Hayatu-Deen says as he withdraws
A former Managing Director and Chief Executive of FSB International Bank, Mohammed Hayatu-Deen, has withdrawn from the Peoples Democratic Party (PDP) Presidential race after spending massively on publicity.
PDP National Convention to elect a 2023 Presidential candidate out of the 15 aspirants is slated for today, in Abuja.
The foremost Economist and Banker, in a letter addressed to the PDP National Chairman, Iyorchia Ayu, said he had a genuine quest to contribute his quota to lifting Nigeria out of its many challenges.
Hayatu-Deen said he planned to ensure that the great potential that had become the hallmark of Nigeria’s development paradigm should be actualized during his presidency.
However, he said he had had to rethink his resolve following recent development.
“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 gruelling exercise which most of our elites have shunned away from. Regrettably, the political system has proved to be acrimonious, corrupt and self-serving, he said.
“I joined the contest as a democrat, with an open mind to keenly contest and accept the result of a process that is fair, credible and transparent
“We have endeavoured to forge a consensus which would have facilitated a seamless emergence of a candidate which unfortunately could not be achieved.
“I wish to reiterate that I did not join party politics and to contest for the presidency because of personal gains and inordinate ambition, but to serve our country.
“It is, therefore, based on personal principles and with great humility that I have decided after wide consultations to withdraw from this contest which has been obscenely monetized”.
Hayatu-Deen assured that as a very loyal party member and believer in the democratic process, he’ll continue to avail himself and his teeming supporters at all times to ensure the victory of the PDP.
