Renowned economist and banker, Mohammed Hayatu-Deen, has formally announced his intention to seek the presidential ticket of the African Democratic Congress ahead of the 2027 general election, outlining plans to address Nigeria’s economic difficulties, insecurity, and governance concerns.
In an interview on Arise Television, Hayatu-Deen highlighted the growing hardship faced by Nigerians, pointing to escalating living costs and deteriorating security conditions. He stressed that the situation demands immediate and decisive leadership intervention.
He said, “Food prices keep going up, petrol prices keep rising, and for many Nigerians, just getting through the day has become a struggle.”
The aspirant also expressed concern over worsening insecurity, noting that national resources are not being effectively deployed while citizens continue to face threats to their safety.
“This is not the Nigeria we deserve. It is time to change course, and that is why I am stepping forward,” he added.
Hayatu-Deen further criticised what he described as a widening gap between the government and the populace, arguing that existing policies have intensified pressure on both households and businesses.
“For too long, this government has looked away while Nigerians bear the burden of bad policies and rising insecurity. We cannot continue like this,” he said.
He promised to present what he termed a credible and practical alternative, focused on economic stabilisation, improved security, and restoring confidence in public institutions.
“Nigeria needs a steady hand, someone who understands how to fix systems, create jobs, and secure lives and livelihoods,” he said.
Referencing more than four decades of professional experience, he pointed to his background in economic reform, investment promotion, and institutional turnaround as key qualifications for leadership.
Hayatu-Deen also called on members of the ADC to remain united as preparations for the 2027 elections intensify.
“Our strength lies in our unity. Nigerians are looking for a credible alternative, and the ADC must rise to that moment,” he stated.
He emphasised that only a collective effort would enable the party to build a strong opposition capable of securing electoral victory.
Widely recognised for his impact on Nigeria’s financial and economic sectors, Hayatu-Deen previously served as Managing Director and later Chairman of FSB International Bank, where he oversaw a significant institutional turnaround.
He has also chaired the Nigerian Economic Summit Group and participated in several national advisory roles, contributing to policy development and economic reform initiatives. In 2000, he was conferred with the national honour of the Order of the Niger (OON) for his service to the country.
With this declaration, Hayatu-Deen joins other prominent political figures, including former Vice President Atiku Abubakar, Rotimi Amaechi, and Peter Obi, who have also indicated interest in contesting the forthcoming presidential election.
