Boko Haram threatens to Bomb Lagos and Abuja in 72hrs

 Earlier this week, the group made a threat to attack the offices and staff of some media houses via YouTube. It threatened to attack Punch, Daily Sun, Vanguard, Guardian, Nation, Tribune, and National Accord soon and warned Leadership, Daily Trust, Peoples Daily and RFI(Radio France international) to be careful in order to prevent an attack.
In a similar move, the sect has threatened to bomb undisclosed targets in Lagos and Abuja.
In a phone call to the editor of Africa Independent Television (AIT) yesterday evening, they threatened to unleash bomb attacks in Lagos and Abuja unless President Goodluck Jonathan appears on AIT for an open discussion with the sect.
The phone call was broadcast on the AIT news at 8pm last night. According to someone who watched the news and posted his observations on Nairaland, the sect made some demands.

They will attack Lagos and Abuja if the Federal Government does not attend to the following request:
Goodluck Jonathan should act on the letter written to him by Boko Haram
Former Governor of Borno (Ali Modu Sheriff), former Minister of Police Affairs and some PDP stalwarts in the North should be arrested and tried for terrorism.
Government should create an open forum for dialogue at Abuja, open to the public. They said they are ready to come to Abuja for dialogue provided it is an open one.
What do you think the President should do? Should he appear on AIT for open discussion with the sect? It’s been about 12 hours since the phone call was broadcast and if they gave 72 hours for their demands to be met, what should be the right response strategy from the Presidency to avert loss of lives?