Hey folks, I just saw the Punch piece where Rep Akin Alabi says Governor Seyi Makinde “has no plan to become president in 2027” and labels the talk as a ploy to boost his favoured governorship candidate.
Is this just political theatre or a genuine clarification? In our Oyo politics, we often see statements that sound like market rumours – loud, quick, and sometimes misleading.
Think of it like a stock that spikes on rumours of a takeover. Investors rush in, price jumps, but the deal never materialises and the stock can tumble just as fast. Makinde’s alleged presidential ambition is the same – a headline that can move voter sentiment, only to settle once the real agenda is clear.
Just as we advise diversifying our NGX portfolio to cushion against one‑stock volatility, voters should spread their political “exposure”. Relying on a single narrative can leave you exposed if the story flips.
Here’s a quick look at this week’s top NGX movers – a reminder that even the strongest names can wobble:
| Stock | Closing Price (₦) | Weekly % Change |
|---|---|---|
| Dangote Cement | 27,800 | +2.1% |
| MTN Nigeria | 21,500 | +1.4% |
| GTBank | 21,900 | -0.8% |
| Seplat Energy | 55.30 | +3.5% |
| BUA Cement | 22,100 | +0.6% |
The takeaway? Whether it’s a political claim or a stock tip, price fit go down too if the fundamentals don’t back it up. Keep an eye on the real performance data – in politics, that means track policy actions, not just headlines.
What do you think – is Alabi’s statement a genuine warning or just a strategic move to steer the Oyo power balance? Share your take.
