Tag: political news
Nine Banks Raised N1.7tn In Recapitalization Drive, Says SEC
.. The Director General, Securities and Exchange Commission, SEC, Dr Emomotimi Agama has disclosed that so far, about N1.682tn has been raised by banks through e-offering in the bank recapitalization exercise. The Commission in a statement on Wednesday said Dr Agama made this disclosure on the sidelines of the recently held Chartered Institute of…
N1TN FOREX GAIN: Bank Chiefs Lobby Presidency
The executives of seven Deposit Money Banks are currently lobbying President Bola Tinubu over the 70 per cent mandatory windfall tax payment on profits generated by the banks from foreign exchange transactions. The bank chiefs, who are also discussing with government officials, are advocating a review or reduction in the windfall tax charged on the…
Dearth Of Spare Parts, Maintenance Centres Stifling Automobile Sector Growth-Minister
.. The Federal Government has reiterated its commitment to repositioning the Nigerian automobile sector, with a call for radical approaches to drive industry transformation. This was emphasized by the Minister of State for Industry, Trade, and Investment, Senator John Owan Enoh, during a briefing with the Director General of the Nigeria Automobile Development and…
Falana Kicks as MC Oluomo Ignores Court Order, Assumes Office As NURTW President
Days after the Court of Appeal in Abuja nullified his presidency, Musiliu ‘MC Oluomo’ Akinsanya assumed office as the National President of the National Union of Road Transport Workers (NURTW) on Tuesday. This marks the first time MC Oluomo has publicly announced assuming office since the appellate court’s decision to reaffirm Ibikunle Baruwa as the…
UPDATED: Damagum Tightens Grip On PDP Chair With State Chairmen’s Backing
.. … Party’s N/Assembly Caucus Evasive The Acting National Chairman of the Peoples Democratic Party (PDP), Umar Damagum has tightened his grip on the party’s leadership with chairmen of PDP state chapters endorsing his continued stay in office. Reprieve came his way as the state chairmen stormed the party’s Abuja national secretariat on Wednesday…
Tinubu Is PDP’s Problem, He Had No Business Appointing Wike Into His Cabinet – Showumi
A chieftain of the Peoples Democratic Party (PDP), Segun Showunmi, has accused President Bola Tinubu of being responsible for the problem in the main opposition party. Naija News reports that Sowunmi, former Ogun PDP governorship candidate, made this known during an interview on Channels Television’s Politics Today. According to him, Tinubu is the major problem…
Ganduje Dismisses Allegations Of Tinubu’s Influence In Ondo Election
The National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Ganduje, has dismissed claims that the outcome of last Saturday’s governorship election in Ondo State, which returned Governor Lucky Aiyedatiwa to office, was influenced by President Bola Tinubu. Speaking at the APC National Secretariat on Wednesday during a visit by the governor, Ganduje stated…
Edo Assembly Approves Okpebholo’s Nominee, Okoebor As Finance Commissioner
The Edo State House of Assembly, under the leadership of Speaker Blessing Agbebaku, has confirmed Emmanuel Okoebor as the state’s Commissioner for Finance. The confirmation followed a nomination sent by Governor Monday Okpebholo through a letter delivered by the Secretary to the State Government, Musa Umar Ikhilor. The letter emphasized the critical role of Okoebor’s…
“I Want To Set The Record Straight” – Damagum Reveals Why He Met PDP State Chairmen In Abuja
The embattled acting National Chairman of the Peoples Democratic Party (PDP), Umar Damagum, has clarified that his meeting with state chairmen of the party has nothing to do with plots to retain his position. Speaking at the PDP headquarters in Abuja on Wednesday, Damagum said the meeting was simply about familiarizing themselves, stressing that more…
Gbadebo Rhodes-Vivour Speaks On Dumping Labour Party For APC
The Labour Party (LP) governorship candidate in Lagos for the 2023 elections, Gbadebo Rhodes-Vivour, has denied trending rumours that he is set to defect to the All Progressives Congress (APC). Rhodes-Vivour in a statement shared via his X account on Wednesday, said the report about his intention to join the APC is false. He also…
HURIWA Demands Full Accountability For Rivers State LGA Arson Attacks
The Human Rights Writers Association of Nigeria (HURIWA) has called for full accountability in the series of arson attacks on Local Government Area (LGA) Secretariats in Rivers State. This comes as the Judicial Commission of Inquiry nears the conclusion of its investigation. Naija News recalls that the Judicial Commission, chaired by Hon. Justice Ibiwengi Minakiri,…
Face Your Job In Abuja, Allow Fubara Do His Own In Rivers State – Former Senator Blasts Wike
A former Senator who represented Rivers East Constituency in the National Assembly, John Azuta Mbata, has charged the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to allow peace reign in Rivers State. Speaking on the political situation in Rivers State, which has pitched the State Governor, Siminalayi Fubara, against his predecessor and estranged…
“There Is No Difference Between APC And Bandits” – PDP Publicity Secretary
The Acting Publicity Secretary of the Peoples Democratic Party (PDP) in Oyo State, Michael Ogunsina, has submitted that the All Progressives Congress (APC) should not have the courage to talk to Nigerians about elections again. The PDP chieftain said Nigerians can’t wait to be free from the pain inflicted upon them by the APC in…
2027: Labour Party Establishes New Directorate, Calls For Electoral Reforms In Nigeria
The Labour Party (LP), under the leadership of Julius Abure as its National Chairman, has announced the establishment of a Directorate of International and Diaspora Affairs. The party made the announcement in a statement on Tuesday by its National Publicity Secretary, Obiora Ifoh, after the conclusion of its National Executive Council (NEC) meeting which held…
PDP Acting Chairman, Damagum Moves To Retain Position Amid Party Crisis
As the Peoples Democratic Party (PDP) prepares for its 99th National Executive Committee (NEC) meeting on November 28, indications suggest that Umar Damagum has perfected plans to remain as acting National Chairman of the party until next year. Sources within the party who spoke with Punch revealed that the Damagum-led National Working Committee (NWC) is…
Allow Ubah’s Wife Replace Him – Ndume Begs Senate
The lawmaker representing Borno South, Ali Ndume, has pleaded with the Senate to allow the widow of the late Senator Ifeanyi Ubah to replace him as the representative of Anambra South Senatorial District. He argued that it is necessary to preserve Ubah’s legacy and aspirations through his family Ndume made the appeal during the Valedictory…
Your Connivance With APC To Subvert The Will Of The People Is A Dangerous Precedent – Lagos LP Chair Sends Warning To INEC
The Chairman of the Labour Party (LP) in Lagos State, Dayo Ekong, has accused the Independent National Electoral Commission (INEC) of undermining the democratic will of Nigerians. She lamented that the pattern of betrayal by the electoral body was becoming more glaring. Citing the 2023 presidential election and the recently concluded governorship elections in Edo…
Edo Assembly Approves 20 Special Advisers For Gov Okpebholo
The Edo State House of Assembly has given its approval for Governor Monday Okpebholo to appoint 20 Special Advisers to support his administration. In addition, the Assembly received a nomination for Emmanuel Okoebor as Commissioner for Finance. The Secretary to the State Government, Musa Umar Ikhilor, conveyed these requests in a letter addressed to the…
PDP’s Ajayi Rejects Ondo Election Results, Reveals Next Move
The Peoples Democratic Party (PDP) candidate in last Saturday’s Ondo State governorship election, Agboola Ajayi, has rejected the results declared by the Independent National Electoral Commission (INEC), vowing to challenge them at the election tribunal. Ajayi, a former Deputy Governor, accused the All Progressives Congress (APC) and INEC of engaging in widespread electoral malpractice to…
I Was Absent From The APC For Only Seven Months – Bwala
The Special Adviser to President Bola Tinubu on Media and Public Communication, Daniel Bwala has stated that he was only absent from the All Progressives Congress (APC) for seven months. Bwala argued that he is not a newcomer in the ruling party. He stated this on Monday while fielding questions on Channels Television’s Politics Today…