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Killing Of Three In Anambra Community: Police Moves To Avert Reprisal Attack

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Anambra State Commissioner of Police - Nnaghe Itam

By Suleiman Anyalewechi

Following the attack on Isionye Community Nawfia, in Njikoka Local Council of Anambra State on Monday, September 9, 2024, by some gunmen which left three people dead and about five persons critically injured, the state Police Command has summoned  key officials of the Communities.

The victims of the attack were said to be lured to the scene by the gunmen who posed as real estate developers.

The gunmen were said to have opened fire on the people they had gathered under the pretense of buying land, and left no fewer than three persons dead. Five others were seriously injured.

“Unidentified gunmen invaded our community in Isionye Enugu Ukwu in Njikoka Local Government this evening killing three people and wounding others.

“They arrived in a Sienna Toyota Vehicle posing as potential land buyers. None of us sensed danger, until they brought out their weapons and began to shoot”, a witness volunteered.

However the Anambra State Command which confirmed the incident on Tuesday, September 10, promised to unravel the circumstances surrounding the attack and those behind it.

Tochukwu Ikenga, SP spokesperson for the Command, in a statement said preliminary reports suggested that the victims were deceived into coming to the land under the pretense of real estate transaction before being assaulted with firearms and machetes.

“The testimonies of the injured victims who are currently receiving medical treatment are aiding the investigation, while the bodies of the deceased have been taken to the. morgue”, Ikenga said on Tuesday .

Speaking on Wednesday, September 11, the Command spokesman informed that following growing tension, accusations and counter- accusations, the Police authorities have moved to  invite the leadership of the affected Communities.

Speculations have been rife that the three dead persons who were from the Enugu Ukwu axis were actually lured and murdered by suspects from neighbouring Nawfia owing to lingering land crisis.

However, the leadership of Nawfia Community has rejected the claim, insisting on their innocence.

It is against the backdrop of the mutual suspicion that have trailed the unfortunate incident, that the Anambra police said it is stepping in to avoid the escalation of the problem.

Ikenga said the two President- Generals of the warring communities have been summoned as part of the police trouble-shooting efforts.

The Source reports that tension has been building  between the two Communities, since Tuesday, with not a few fearing the break down of law and order.

Edo Election: INEC, IGP Promise Peaceful Conduct

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Prof Mahmood Yakubu

By Ayodele Oni

As the 2024 Edo State Governorship election approaches, the Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu, and Inspector General of Police, Kayode Egbetokun have assured of hitch free poll.

Speaking at a stakeholders’ meeting held on Wednesday,  in Benin City, Prof Yakubu outlined the extensive preparations that have been made to ensure a credible and peaceful election assuring stakeholders of the commission’s preparedness.

Yakubu welcomed the Inspector-General of Police, Mr. Kayode Egbetokun, and other key stakeholders, emphasizing the importance of their roles in the electoral process.

He noted that the tradition of convening a stakeholders’ meeting on the eve of major off-cycle governorship elections serves as a platform to interact with political parties, candidates, election observers, and the media.

The meeting, he explained, was crucial for addressing concerns and ensuring that all parties are aligned on the preparations and security measures in place for the upcoming election.

Yakubu highlighted that INEC’s preparations for the Edo Governorship election began over a year ago with the release of the election timetable and schedule of activities.

Out of the 13 statutory activities listed, he confirmed that 11 have been successfully completed, with only the last day of campaign activities and the election day itself remaining.

He reassured stakeholders that INEC is fully prepared for the election day, scheduled for Saturday, September 21, 2024.

The INEC Chairman also provided updates on the final list of candidates, noting two court-ordered adjustments.

These include the replacement of the Labour Party’s running mate and the inclusion of the National Rescue Movement (NRM) on the ballot.

A total of 18 political parties are now set to participate in the election. Prof Yakubu expressed confidence in the transparency of the process, with all relevant information being made available to the public and political parties.

Addressing the security concerns raised by stakeholders, Professor Yakubu stated that the commission has been in close communication with security agencies to ensure the safety of voters, election officials, and materials.

The Chairman also assured that all necessary logistical arrangements, including the deployment of election duty vehicle stickers and the accreditation of observers and media personnel, have been finalized.

Yakubu emphasized the importance of technology in safeguarding the credibility of the election, particularly through the deployment of BVAS machines for voter accreditation and result upload.

He announced that signing of Peace Accord is scheduled for Thursday, and will be presided over by former Head of State, General Abdulsalami Abubakar, which is intended to reinforce the commitment of all parties to a peaceful electoral process.

President Bola Tinubu, Time Is Going – Gani Adams

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Gani Adams and Bola Tinubu

An Open letter to President Bola Tinubu by the Aare Ona Kakanfo of Yorubaland, Iba Gani Abiodun Ige Adams, on the State of the Nation

Your Excellency,

I bring you good tidings from the more than 65 million Yoruba of South-West in Nigeria, including Edo, Delta, Kwara and Kogi States.

I also write this letter to you as one of the more than 200 million people God created as Nigerians.

We have no regret that we were created to inhabit this geographical space in the  West African axis of the African continent.

In fact, we are happy to be here because I don’t know any country in the world that God has blessed, in terms of natural and human resources, like Nigeria.

Obviously, past leaders, since 1960, disappointed Nigerians with the way ‘Nigeria and Nigerians were badly led and resources selfishly managed’.

When you came with the ‘Emilokan’ coinage in the build up to the 2023 elections, many Nigerians were persuaded that as a democrat exposed to modern way of governance, you will perform better than Muhammadu Buhari, a soldier who deepened the poverty levels of Nigerians and increased insecurity  from 2015 to 2023.

Today, events have proved that they were wrong.

Mr.President, to say the truth without minding whose ox is gored, you have really disappointed many Nigerians who thought you were the messiah they were waiting for.

The facts are there to speak for themselves.

On May 29, 2023 when you became the Commander-in-Chief of the Armed Forces of Nigerians, the price of a litre of fuel was less then N200.

Today, it is more than N1000.

As the Minister of Petroleum, I ask you, what type of reforms is this?

In May 2023, Naira to a Dollar was less than N740.

Today, it is more than N1,600.

Now, your two right-hand men when you were Governor of  Lagos State between 1999 and 2007, Wale Edun (Finance Minister) and Yemi Cardoso (CBN Governor) are in charge of the economy.

What exactly are the fiscal, economic and financial briefings they give you daily to convince you that they know what they are doing in those two offices?

When Buhari left on May 29, 2023, many Nigerians heaved a sigh of relief that insecurity would soon become history.

Pitiably today, from the North to the South,   East to the West, the rate at which Nigerians are being abducted and some killed, even after ransom was paid, it was as if these blood-thirsty maniacs have just been unleashed on Nigerians from the hottest part of hell.

As the Commander-in-Chief,the rising spate of insecurity across the country has put to question the kind of  briefings you get on daily basis, especially, from the Inspector- General of Police (IGP), Kayode Egbetokun, the Chief of Army Staff, General Taoreed Lagbaja,and other Security Chiefs on their modus operandi to send these killers to where they belong?

In August, many Nigerians came out to express their frustration on the way you are governing them.

Today, some of those arrested have been charged with treason.

In the Comity of Nations, who does that? Is that the way governments are overthrown, with placards?

Human rights activists are being harassed by security agents on a daily basis and Civil Society Organisations (CSOs) have become soft targets of sycophants who speak sweet words to your ears for selfish reasons.

Many Nigerians know the ‘radical’ role you played when you were Governor, and even after 2007, when you galvanised and mobilised them to challenge the status quo at the national level.

Now that you are in government, protest has suddenly become a criminal offence.God is indeed Great!!!

The plain truth is that the

recent fuel price increase by the Nigerian National Petroleum Company Limited (NNPCL), an agency which is under your office as the Petroleum Minister,  is an attack on Nigerians.

Obviously, your administration is becoming  indifferent, insensitive and unresponsive to the plights of millions of Nigerians who can no longer meet their daily needs.

This is a brutal assault on the sensibility of Nigerians.

I think you and your party should be sensitive to the plights of Nigerians.

Mr. President, don’t you think the  wicked and draconian increase in fuel price, especially, at this time that Nigerians have been pushed to the wall, is a huge recipe for crisis?

Nigerians can no longer  bear this  economic hardship any longer.

I am writing this letter to you because of the pressure I am going through from millions of Nigerians, who erroneously, believe that I don’t want to tell you the truth because the two of us are eminent Yoruba citizens.

The truth is that the  perverted, opaque,  unintelligible, wicked and corrupt handling of the petroleum sector and continuous increase of fuel price under your administration (with the NNPC threatening us the price will still go up) without due regard to the laws of the land and wellbeing of Nigerians is akin to telling Nigerians to go to hell.

Mr.President, if a few of your advisers are telling you that all is well, I can confidently inform you that they are your enemies.

Former President Buhari was here and Nigerians proved to him that they were bigger than him.

If you don’t reverse this ugly trend immediately, soon, the situation may trigger further hardship across the country.

Under your watch as the President, the APC-led administration has consistently shown itself to be anti-people, unconcerned and deaf to the agonies of millions of Nigerians.

Today, more than 75 per cent of Nigerians have sunk below the poverty line. Businesses are collapsing like a badly-arranged pack of cards and the centre can no longer hold in many households.

With over 32 per cent inflation rate and close to  40 per cent unemployment rate which are expected to rise further with the latest dictatorial increase in fuel price, it is obvious that your administration offers no hope to Nigerians.

In the past 16 months,your administration has been using propaganda, power of coercion and rough tactics to oppress Nigerians.

For how long do you honestly think that despotic  strategy will last?

Since last year, you have visited many countries, the latest being China.

Do you think your foreign counterparts treat their citizens the way you are treating Nigerians?

Mr.President, remember your promises to Nigerians during your numerous campaigns to  all the nooks and crannies of this great country?

In just 16 months into your administration, your campaign promises have suddenly become failed promises?

Your Excellency,  do you remember an Austrian-German who became the Commander-in-Chief in Germany in 1933?

Adolf Hitler was an Austrian-born German politician who was the dictator of Nazi Germany from 1933 until his suicide in 1945?

Hitler, an elected democrat,

quickly transformed a democratic republic into a constitutional dictatorship.

The Fuhrer vowed to destroy democracy through the democratic process. And he did with the destruction of Germany in 1945.

Before  the destruction,

the Nazi leader disabled, then dismantled the Weimar Republic.

The Fuhrer crushed political opposition, destroyed the economy and ultimately undermined  Germany’s democratic structures.

When Hitler became history  on April 30, 1945, Germany was in total ruins.

But due to the determination of Germans, today, that country has the biggest economy in Europe.

I hope I am wrong but I see a linkage between what happened during the ascendancy of Hitler into power and what is happening in Nigeria today.

Anyway, Nigeria is bigger than any individual.

Mr President, the time is ticking.

Ask this simple question: Are my reforms working?

I come in peace.


Iba Gani Abiodun Ige Adams is the, Aare Ona Kakanfo of Yorubaland,
September 10, 2024.

Gani Adams Dismisses President Tinubu’s Administration As Insensitive To Plight Of Nigerians

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Gani Adams and Bola Tinubu

By Akinwale Kasali

Iba Gani Adams, the Aare Ona Kakanfo of Yorubaland, has lamented that the President Bola Tinubu-led administration is indifferent, insensitive and unresponsive to the plight of Nigerians.

The Yoruba generlissimo in an open letter titled, ‘President Bola Tinubu, time is going’, said the Tinubu administration has disappointed Nigerians adding that the citizens can no longer bear the economic hardship.

He wrote: “We have no regret that we were created to inhabit this geographical space in the West African axis of the African continent.

“We are happy to be here because I don’t know any country in the world that God has blessed, in terms of natural and human resources, like Nigeria.

“Obviously, past leaders, since 1960, disappointed Nigerians with the way ‘Nigeria and Nigerians were badly led and resources selfishly managed”.

“When you came with the ‘Emilokan’ coinage in the build-up to the 2023 elections, many Nigerians were persuaded that as a democrat exposed to the modern way of governance, you will perform better than Muhammadu Buhari, a soldier who deepened the poverty levels of Nigerians and increased insecurity from 2015 to 2023.

“Today, events have proved that they were wrong. Mr President, to say the truth without minding whose ox is gored, you have disappointed many Nigerians who thought you were the messiah they were waiting for.

“The facts are there to speak for themselves. On 29 May 2023, when you became the Commander-in-Chief of the Armed Forces of Nigerians, the price of a litre of fuel was less than N200.

“Today, it is more than N1000. As the Minister of Petroleum, I ask you, what type of reform is this? In May 2023, the Naira to a Dollar was less than N740. Today, it is more than N1,600.

“Now, your two right-hand men when you were Governor of Lagos State between 1999 and 2007, Wale Edun (Finance Minister) and Yemi Cardoso (CBN Governor) are in charge of the economy.

“What exactly are the fiscal, economic and financial briefings they give you daily to convince you that they know what they are doing in those two offices?

“When Buhari left on 29 May 2023, many Nigerians heaved a sigh of relief that insecurity would soon become history.

“Pitiably today, from the North to the South, East to the West, the rate at which Nigerians are being abducted and some killed, even after ransom was paid, it was as if these blood-thirsty maniacs have just been unleashed on Nigerians from the hottest part of hell.

“As the Commander-in-Chief, the rising spate of insecurity across the country has put to question the kind of briefings you get daily, especially, from the Inspector-General of Police (IGP) Kayode Egbetokun, the Chief of Army Staff, General Taoreed Lagbaja, and other Security Chiefs on their modus operandi to send these killers to where they belong?

“In August, many Nigerians came out to express their frustration on the way you are governing them.

Today, some of those arrested have been charged with treason.

“In the comity of nations, who does that? Is that the way governments are overthrown, with placards?

“Human rights activists are being harassed by security agents daily, and Civil Society Organisations (CSOs) have become soft targets of sycophants who speak sweet words to your ears for selfish reasons.

“Many Nigerians know the ‘radical’ role you played when you were Governor, and even after 2007 when you galvanised and mobilised them to challenge the status quo at the national level.

“Now that you are in government, protest has suddenly become a criminal offence. God is indeed great. The plain truth is that the recent fuel price increase by the Nigerian National Petroleum Company Limited (NNPCL), an agency which is under your office as the Petroleum Minister, is an attack on Nigerians.

“Obviously, your administration is becoming indifferent, insensitive and unresponsive to the plights of millions of Nigerians who can no longer meet their daily needs.

“This is a brutal assault on the sensibility of Nigerians. I think you and your party should be sensitive to the plights of Nigerians.

“Mr President, don’t you think the wicked and draconian increase in fuel price, especially, at this time that Nigerians have been pushed to the wall, is a huge recipe for crisis? Nigerians can no longer bear this economic hardship any longer”.

Senator Ifeanyi Ubah To Go Home November 22

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Senator Ifeanyi Ubah
Late Senator Ifeanyi Ubah.

By Charles Igbo

All roads will lead to Otolo, Nnewi, Anambra State, on November 22, 2024. The town will literally grind to a halt under human and vehicular traffic.

It is the day the remains of a prominent son of Nnewi and Ndigbo, Senator Ifeanyi Ubah, CON, will be sent back to Mother-earth.

Ubah, an accomplishment businessman and philanthropist was   serving his second term as a Senator, APC, Anambra South,  before his sudden death in London where he was on a short trip with his family. His death  on July 27, 2024, was attributed to a sudden heart failure.

In a statement dated September 10, 2027, signed by his first son and namesake -Ifeanyi Ubah – on behalf of the family, it was disclosed that his death left a void. “His departure has left a deep void, but we are comforted by the overwhelming support from friends, well wishers and the general public.”

The statement also eulogiesed him as a loving father and devoted husband. His interment, the statement said, will be a solemn moment.

More details on the funeral arrangements will be announced in the near future for, according to the family, it is working alongside the National Burial Committee “to ensure that all arrangements will reflect the magnitude of the legacy he left behind.”

Senator Ubah was the founder and owner of Capital Oil, Ifeanyi Ubah Football Club, Authority Newspaper among others.

Born on September 3, 1971, he had a Law degree from Baze University, Abuja and was aged 53 at the time of his death.

Senator Ubah was married to Uchenna with whom he had children.

Uzodinma Mourns Awofeso, Galaxy TV Imo Correspondent

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Hope Uzodimma and Ajibade Awofeso

Imo State Governor has lamented the sudden passing of Ajibade Awofeso, the Imo State Correspondent of Galaxy Television. Ajibade died in Lagos over the weekend, suddenly. On a trip to Lagos,  he, reportedly, went to bed and did not wake up at day break.

In a statement personally signed by him, Governor Uzodinma expressed sadness over the unfortunate incident. He wrote:

“I have received with rude shock the reported sudden death, weekend in Lagos, of the Galaxy Television Correspondent in Imo State, Mr. Ajibade Awofeso.

“The news of his unexpected passing is not only hurting but devastating.

“The late Ajibade did not just die in his prime at 40, but left behind an equally young family of four, excluding the wife, the aged mother and other dependants.

“He was a hardworking, committed, dutiful and God fearing journalist who plied his trade responsibly, ensuring that he did not compromise on the ethics of the media profession he belonged to.

“My sincere condolences go to the young family, mainly Ajibade’s distraught wife and aged mother at this challenging time in their lives.

“On behalf of my family, the government and good people of Imo State, I commiserate with the Awofeso and Nwaiwu families, the media community, particularly the Imo State Correspondent Chapel and the Nigerian Union of Journalists, and all friends and associates of Ajibade, over this huge loss.

“It is my prayer that God Almighty grants his soul eternal rest.  Amen.”

OPINION: PDP Crisis, Shaky Road To 2027

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Umar Damagun - PDP Chairman

By Jide Babalola

Things appear to be falling apart in the Peoples Democratic Party (PDP), once a dominant force in Nigeria’s political landscape.  It is becoming clearer that the centre of a political party that had boasted of holding on to power for 60 years can no longer hold. A party of ideals, ethos, structure and spread, is now stuck in the mud. And there is no sign of resurgence soon, as the party is mired in crises since 2022.

Gone are the days that the PDP was either in control of the central government or many of the states. In the Fourth Republic, the party, formed in 1998, swept through the land as a hurricane. It ruled at the centre.  It also had the reins of government in 31 states. The party swallowed many other political parties. It was formidable and appealing to many politicians at the time.

The party is not new to troubles, some of which are self-inflicted. In spite of its internal squabbles, the PDP had been steady. But, things nosedived when it lost the centre.  The defeat that occurred in 2015 when former President Goodluck Jonathan lost to the immediate past President Muhammadu Buhari, was a turning point for the worse for the opposition party. Now, it controls only 13 states.

While permutations have begun ahead of 2027 general elections, the future of the PDP in the current political landscape is bleak. The leading opposition party is contending with a myriad of internal and external issues gradually eroding its spread and dominance on power.

Crisis of Leadership and Vision

Beyond the immediate conflicts of leadership and factional battles, the PDP is also grappling with an identity crisis that could prove fatal if not addressed promptly. The party, which once prided itself as the custodian of Nigeria’s democracy, is at crossroads.

Since its formation in 1998, the PDP has been synonymous with the ideals of national unity, economic reform, and democratic governance. However, in recent years, these ideals have become blurred, with the party increasingly defined by its internal struggles rather than its policy positions or ideological commitments. The lack of a cohesive posture vision has made it difficult for the PDP to assert itself.

Fast forward to the aftermath of the 2023 elections, there was growing concern within the party’s ranks about the need to redefine the PDP’s mission and values. Some members have called for a return to the party’s founding principles, while others advocated for a complete overhaul of its leadership structure and political strategy.

Genesis of Conflicts

It appears that the seeds of the current crisis were sown in the lead-up to the 2023 general elections; however, many analysts believe that it goes farther into the months before the 2015 elections.

Late President Musa Yar’Adua on a joint ticket with Dr. Goodluck Jonathan had won the presidential election in 2007. Unfortunately, two years into their tenure, Yar’Adua died. His vice was eventually sworn in, who completed that tenure and also contested the presidential election in 2011 and won.

But the north felt short-changed, as they insisted that it was their turn to lead the country. This led to the defection of some bigwigs, particularly from the north extraction from the party. Vice President Atiku Abubakar and other political gladiators had worked against Jonathan.

Then, the party lost the presidential election to the hurricane All Progressives Congress (APC) in 2015.  And the downward journey of the party has been rapid.

Immediately past President Muhammadu Buhari from the north occupied Aso Rock for eight years.  After his presidency, the popular consensus was that power should shift to the south.

In 2023, Abubakar decided to exercise his right and didn’t give in to the clamour for southern presidency. He won the primary and became the candidate of the party.

His insistence to get the ticket led to some chieftains of the party like Rabiu Kwankwaso of the New Nigerian Peoples Party (NNPP) and Peter Obi of the Labour Party (LP) leaving the PDP with their loyalists.  Five PDP governors under G5 Group, who didn’t leave the party also worked against candidate Atiku.

Following Abubakar’s emergence as the PDP’s candidate, frictions accelerated when it became clear that he would not choose Nyesom Wike as his running mate. The scenario led to a bitter feud that spilled into the public domain.

This acrimony deepened when the party leadership, under the chairmanship of Iyorchia Ayu, was accused of favoring the northern bloc, further alienating the southern members. For Wike and other PDP stakeholders, it was inconceivable that the party’s national chairmanship as well as the presidential ticket would remain in the north as Ayu is from Benue state and Atiku is from Adamawa.

The crisis reached a crescendo when five aggrieved governors, known as the G-5 or Integrity Group, openly rebelled against the party’s leadership. This group, consisting of Wike, Samuel Ortom (Benue), Okezie Ikpeazu (Abia), Ifeanyi Ugwuanyi (Enugu), and Seyi Makinde (Oyo), demanded Ayu’s resignation as a precondition for supporting Atiku’s candidacy. The refusal of the party leadership to accede to their demands resulted in the G-5 boycotting the 2023 presidential campaign, significantly weakening the PDP’s chances at the polls. The fallout from this division was evident in the election results, where the PDP failed to secure the presidency and performed poorly in several key states.

APC As An Adversary

While the PDP has been embroiled in internal strife, the APC has been quietly consolidating its power. Aside from bringing PDP strongman, Nyesom Wike and former Ebonyi state governor, Umahi on board as ministers, the APC, under the leadership of President Bola Tinubu, has embarked on a series of political maneuvers designed to weaken the opposition. This includes wooing disgruntled PDP members into its fold and exploiting the divisions within the PDP to its advantage.

The APC’s strategy has not been lost on political analysts, who argue that the ruling party is deliberately stoking the fires of discord within the PDP to prevent it from mounting a credible challenge in 2027. “The APC is playing a long game; they know that a fragmented PDP is easier to defeat than a united one,”noted a political analyst. “

The Lingering Crises

As the party licks its wounds from the 2023 electoral defeat, the crises within the PDP have only deepened.

One of the key aspects of the current turmoil is the leadership tussle that has various dimensions. Until a few months ago, the tussle centred around the legitimacy of Iyorchia Ayu’s leadership as a major bone of contention. Despite calls for his resignation after the 2023 elections, Ayu remained defiant, leading to further factionalization within the party, with the National Working Committee (NWC) split between supporters of Ayu and those calling for a change in leadership to reposition the party ahead of 2027. The party was in a fix over Ayu because of the cases instituted in court but commendably, he opted to withdraw from court.

Now, energies have been redirected by some party members towards having the acting national chairman, Ambassador Ilyas Damagum removed but it is a very complex matter that may never be actualized until he hands over at PDP’s national convention next year. Even if Damagum is removed or prevailed upon to resign from his current position, he will revert to his substantive position as Deputy National Chairman (North).

Also, even though the party will not admit it, ethnic and regional divides remain a lingering challenge in a once cohesive national party. The PDP has long struggled with balancing its regional interests, but the current crisis has exacerbated these divides. The party’s southern members felt marginalized, particularly after the 2023 elections, where the perception was that the northern bloc had unfairly dominated the party’s decision-making processes. This rift has made it difficult for the PDP to present a united front. People like Chief Olabode George may end up being proven to be right with his insistence that issues about the genesis of current problems need to be thrashed out first at a roundtable before expecting success in the reconciliation process.

Then, a series of legal battles have been hampering issues within the party. Several court cases further complicated the PDP’s woes after the 2023elections. These legal wrangling have not only distracted the party but have also sapped its resources, which could have been better utilized in preparation for the next electoral cycle. While that is over, other cases, especially in states like Rivers and Edo, continue to haunt efforts towards consolidation of party unity.

There have also been a series of defections and loss of confidence. The PDP has suffered a wave of defections since 2022, with several key members, including former governors and legislators, jumping ship to the APC or other parties. This exodus has been fuelled by the perception that the PDP is a sinking ship, plagued by internal squabbles and an inability to present a viable alternative to the APC.

Another aspect of PDP’s lingering crises is the intra-party frictions in some states, Rivers state is by far most obvious but others are simmering below the surface. For instance, in Edo state, Wike loyalists like Chief Dan Orbih, the leader of the Legacy Group that comprises stakeholders whom outgoing Edo state Governor Obaseki met in the party have resolved not to support Obaseki’s nominee, Asue Ighodalo in the September 21, 2023 Edo state governorship election.

Differences of opinion over the prospects of rebuilding strength through a merger with other political parties continue despite official pronouncements that it has been resolved. Looking at what the opposition was able to achieve against the ruling party in Senegal and other countries, Alhaji Atiku Abubakar has remained a strong advocate of having a merger between PDP and other parties. However, loyalists of FCT Minister Wike as well as the PDP Governors’ Forum and the party’s leadership led by Ambassador Damagum have expressed complete dislike for the idea.

In a June 5, 2024, official statement, PDP’s National Publicity Secretary, Mr. Debo Ologunagba emphatically stated that talks about the party’s involvement in merger discussions with any political party in preparation for the 2027 general election are mere ruse and utterly misleading, adding that PDP is satisfied with the increasing influx of old and new members and the party expects other old members to return to PDP rather expect the party’s merger with their current party.

An even more emphatic opposition to the idea was presented by the chairman of PDP Governors’ Forum, Governor Bala Mohammed who described those calling for mergers as ‘marauders’ at the end of the forum’s recent meeting in Abuja.

He said that such marauders are plotting to hijack a faction for the purpose of forming a coalition with some other parties. “We are aware that there are some marauders hanging around somewhere, trying to factionalize our party and take one faction to go and do coalition (with another party); we are not going to allow that,” said the Bala Mohammed while reading the PDP Governors’ Forum communiqué after a four hours’ closed-door meeting at Akwa Ibom Governor’s Lodge in Abuja.

Much more than all the factors above is the issue of whether to restrict contention for the 2027 presidential ticket to southern aspirants alone or again, allow a repeat of the 2023 situation where Alhaji Atiku Abubakar featured. This is further complicated by the fact that FCT Minister, Nyesom Wike has explicitly declared his intention to mobilize for the re-election of President Bola Tinubu in 2027.

Crises

In a bid to stem the tide of discontent, the PDP has made several attempts at reconciliation. Notable among these is the establishment of a National Reconciliation Committee led by former Governor of Osun state, Colonel Olagunsoye Oyinlola (rtd). The committee, which is to build on previous reconciliation efforts of a similarly named committee led by ex-Senate President, Senator Bukola Saraki in 2022, was tasked with bridging the divides within the party and bringing aggrieved members back into the fold. However, there are anxieties that the efforts of the new committee meet with limited success, as the entrenched positions of some party leaders and their proxies appear capable of making genuine reconciliation difficult.

Disciplinary Steps

Serious efforts to make FCT Minister Nyesom Wike to ‘pay’ for leading the G-5 to facilitate APC’s victory and PDP’s loss in the 2023 presidential election started immediately after the elections but for one reason or another, things have not worked smoothly for its advocates. The Nation learnt that an August 2023 meeting of PDP stakeholders, including Alhaji Atiku Abubakar, at the Abuja residence of High Chief Tom Ikimii had tried to reach a conclusion but complications arose.

While loyalists of Atiku want Wike to face severe sanctions like a lengthy suspension or total expulsion for his role in the 2023 presidential elections, others, including Wike’s loyalists also point at the anti-PDP roles played by Atiku Abubakar in previous presidential elections.

So, the question that still lingers till date is: from what year does the offence of ‘anti-party’ allegations begin to take effect? If it is restricted to 2023, Wike and his loyalists as well as some past and serving PDP governors would face serious sanctions but if it is extended to previous years, Atiku Abubakar and others who are advocating for the sanctions would get drawn in too.

Several party stakeholders have demonstrated a keen awareness that without resolving lingering crises, PDP could be taking huge risks with any 2027 game plan. In May 2023, Atiku Abubakar made a public appeal for unity within the party, acknowledging that the internal divisions were a major factor in the PDP’s electoral loss.

Despite these efforts, the cracks within the PDP remain visible. The on-going power struggle within the party’s leadership, coupled with the regional and ethnic divides, continues to undermine any attempts at forging a cohesive strategy for the future.

No More Internal Crisis?

Responding to questions on PDP’s internal crises, PDP’s National Publicity Secretary, Mr. Debo Ologunagba asserted that contrary to widespread obsession with the perception of the PDP as a party in crises, the party is doing well in advancing the cause of democracy in Nigeria. Speaking on a TVC television programme, ‘Beyond 100 days” and themed PDP: A Party Divided Against Itself?” Ologunagba argued that while many assume that PDP is continuously consumed by frictions from contending interests, the party’s robust constitution and structures have continued to hold it firmly together since 1999.

According to Ologunagba, the party has continued to exercise various internal mechanisms backed by its structures and party constitution to continue giving the nation a great example of what a genuine political party should be in a democracy, adding that the recent decision to constitute two new committees is an example.

 

 The Road To 2027: A Bleak Outlook?

The PDP’s internal crises, if left unresolved, pose a significant threat to the party’s chances of displacing the APC in the 2027 general elections. The party’s inability to present a united front has already cost it dearly in the 2023 elections, and the lingering divisions could further erode public confidence in the PDP as a viable alternative to the ruling party.

Moreover, the defections and legal battles have weakened the party’s structure at both the national and state levels, making it difficult to mount an effective campaign in 2027. The APC, despite its own challenges, appears to be more stable and better organized, giving it a potential advantage as the next election cycle approaches.

As the PDP faces this existential crisis, the words of one of its founding members, Jerry Gana, ring true: “The PDP must rise above its internal contradictions and return to the ideals that made it great. Otherwise, it risks becoming a footnote in Nigeria’s political history.”

Unity Bank Eyes N27bn, N4bn Profit

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Unity Bank Tomi Somefun

Big lender Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group.

Although the projected gross earnings represent a marginal increase from the N26 billion projected for Q3 2024, the lender continues to maintain a profitable outlook, with pre-tax profit expected to rise to N4.2 billion.

Analysis of the earnings forecast indicates that the lender also expects interest income to rise from N23 billion to N24.5 billion, with net revenue expected to rise marginally one percent to N7.2 billion within the quarter compared to N6.5 billion in Q3, 2024.

Net operating income is projected at N12 billion, while cash flow from financing activities is projected to rise to N481.4 billion from N353.6 billion, a 1.3 percent projected increase on a quarter-on-quarter basis. This projected growth in cash flow from financing activities continues to reflect the lender’s growing liquidity position which is essential for sustained business operations.

The lender said it expects to cover the milestones with a consistent optimistic outlook in its projection, barring any significant changes in the operating environment, under which the assumptions were made. The lender noted that it will continue to deliver top-notch customer-centric products and services, especially in the digital lending space following the roll-out of enhanced platforms and channels for superlative customer experiences.

Analysts are of the view that the Q4 forecast reflects a steady growth trajectory on the back of key performance indicators and strategic repositioning to hedge the challenging market conditions.

Nigeria’s Vast Ocean Resources Largely Unexplored- Minister

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Gboyega Oyetola

As part of efforts to harness the Blue Economy sector for sustainable growth and development in Nigeria, the Federal Ministry of Marine and Blue Economy is set to host a global workshop on Deep Seabed activities. This initiative is in collaboration with the Nigerian Maritime Administration and Safety Agency, NIMASA.

The event, scheduled to take place in Abuja from September 17-18, 2024, will feature several presentations. These include “An Overview of the Deep Seabed: Prospects for the Blue Economy” by Dr. Dayo Mobereola, Director General of NIMASA, and “An Overview of the Extended Nigerian Continental Shelf Claim” by Surveyor Adamu Adaji, Director General of the National Boundary Commission, NBC, among other scholarly presentations.

The Minister of Marine and Blue Economy, Adegboyega Oyetola, stated that Nigeria’s hosting of the international workshop will help build in-country expertise by equipping policy makers and industry professionals with the knowledge and skills necessary to manage deep-sea resources sustainably.

“This workshop will offer hands-on training for Nigerian researchers and stakeholders, allowing them to engage directly with international experts and advanced technologies. Nigeria has vast ocean resources that are still largely unexplored and we have taken into consideration the recent extension of Nigeria’s continental shelf. I hope this workshop will provide a platform to launch the machinery to tap into these resources sustainably, balancing economic growth with environmental protection,“ he said.

Oyetola noted that the seminar would provide an opportunity for professionals and stakeholders in Nigeria’s maritime sector to collaborate with the Federal Government in harnessing the resources of the seas and oceans, while also creating jobs and wealth for the country.

Corrupt Bank CEOs To Face EFCC Probe

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Ola Olukayode - EFCC Chairman

The Economic and Financial Crimes Commission, EFCC,  says corrupt chief executive of commercial banks in the country will soon be probe for various infractions.

EFCC chairman Ola Olukoyede made this known on Tuesday while speaking at the 17th annual conference of the Chartered Institute Bankers of Nigeria, CIBN.

The agency boss accused some CEOS of aiding money laundering, illegal forex transactions, imposing fraudulent charges on depositors, saying those found culpable of the act  will be prosecuted soon by the commission.

According to him, thorough investigations have already been carried out, and documents are being prepared to charge them to court for prosecution, noting that such unwholesome acts have affected the integrity of the nation’s financial sector.

Olukoyede said, “Operators frequently devise means to circumvent regulations and rules in a desperate bid for higher yields and bottom line.

“Sharp practices such as forex trading, defrauding of depositors through phantom charges, and complicity in money laundering and illicit financial schemes involving politically exposed persons continue to undermine the integrity of the sector and, by extension, the nation’s economy.

“We need to just do something drastic to bring everybody in line and to make us do the right thing. It’s extremely important. In a system where there is no penal sanction for criminal infraction, that system will never survive.”