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PDP BoT Restates Support For Turaki-led NWC

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The Senator Adolphus Wabara-led Board of Trustees (BoT) of the Peoples Democratic Party (PDP), has restated its support for the Senator Taminu Turaki-led National Working Committee (NWC) elected at the National Convention in Ibadan.

Wabara, in a statement in Abuja on Wednesday, said the board believes that the convention was convened in strict compliance with the Party’s Constitution, and Guidelines, the Electoral Act, all extant regulations.

He said that the convention represented the collective will of delegates and stakeholders of the PDP across the country.

Wabara condemned the invasion of the party National Secretariat by the those he described as “expelled members and armed thugs” to unleash violence on party members in an attempt to forcefully take over the party secretariat.

The BoT also condemned the action of the expelled elements who mobilised the thugs in an attempt to prevent the elected members of the National NWC led by Turaki.

He noted that Turaki was accompanied by the Chairman of PDP Governors’ Forum, Gov. Bala Mohammed of Bauchi State, his counterpart, Seyi Makinde aend other party leaders from gaining access into the complex.

The board saluted the courage and resilience of the governors, NWC and BoT members, other party leaders, teeming members and supporters for resisting the invaders.

“The BoT therefore strongly denounces the statements, actions and media pronouncements by individuals who were lawfully expelled from the party.

“Their attempts to undermine the legitimacy of the Ibadan Convention and create confusion within the party structure are not only mischievous but also constitute a direct assault on the principle of internal democracy in our country.

“The BoT calls on the Inspector-General of Police to investigate the wave of attacks on the PDP National Secretariat and ensure that those responsible are held to account.

“Democracy thrives only where institutions remain impartial, professional, and insulated from partisan manipulation,” he said.

Wabara said that as the conscience of the party, the BoT remained committed to safeguarding the unity and democratic values of the PDP and ensuring that the mandate freely given by party members at the Ibadan Convention is respected.

He urged the new NWC not to be deterred but remain focused on rebuilding and repositioning PDP as they march to victory in the 2027 general elections.

NLC Condemns Kebbi Kidnap, Urges FG To Act Fast On Victims’ Rescue

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The Nigeria Labour Congress (NLC) has condemned the abduction of college students in Kebbi State and urged the federal government to take urgent action to halt rising insecurity.

The NLC President, Mr Joe Ajaero, made the position of the congress known in a statement in Abuja.

Ajaero said that the incident was shocking, especially happening in a state known for proactive security measures and steady social interventions.

He said the attack showed that the country must rethink its current security strategy to prevent further breakdown of safety across communities.

“The abduction of students in Kebbi is a painful reminder that insecurity is far from over.

“Kebbi has enjoyed stability due to regular payment of salaries, pensions, and visible infrastructural development, making the attack even more troubling

“That bandits struck with ease despite existing measures, points to something more sinister, something we must all be concerned about,’’ he said.

Ajaero said the promise made after the Chibok schoolgirls’ abduction that such incidents would not happen again had not been fulfilled.

“We had promised that after Chibok, it would not happen again, yet, here we are back to where we started,’’ he added.

He called for collective support for the Kebbi State Governor, Dr Nasir Idris, as the government and families dealt with the emotional trauma.

“The governor needs all the support he can get at this point in time,’’ Ajaero said.

He urged the federal government to intensify efforts in securing the country’s vast landmass, stressing that existing budgetary allocations had not produced meaningful results.

Ajaero said the shrinking physical and psychological spaces across the country should worry every Nigerian.

He warned that states currently facing attacks might not be the only ones at risk, noting that insecurity could escalate if not addressed urgently.

Rivers Communities on Edge As Government Moves To Revoke Land Titles In Two LGAs

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Land and property owners in parts of Elelenwo and Igwuruta communities in Obio/Akpor and Ikwerre Local Government Areas of Rivers State have been gripped by anxiety following a fresh move by the state government to revoke Certificates of Occupancy (C-of-Os) covering extensive parcels of land.

The Atlantic Bell reports that the panic was triggered by a public notice published on Friday, November 14, 2025, in The Tide Newspaper, in which the state government announced its intention to withdraw titles for multiple plots — totalling more than 500 hectares — in Igwuruta, surrounding communities in Ikwerre LGA, and Elelenwo in Obio/Akpor LGA.

Issued under the administration of Governor Siminalayi Fubara and citing “overriding public interest” pursuant to Section 28 of the Land Use Act 1978, the notice directs affected landowners to submit claims and supporting documents to the Ministry of Lands and Survey on or before November 28, 2025. Lands for which no claims are submitted will be deemed unclaimed and automatically taken over by the state.

Commissioner for Lands and Survey, Mr Tamunosaki Sordum, said valuation teams have begun assessing affected properties, assuring that compensation will reflect current market value plus an additional 10 per cent disturbance allowance.

The Atlantic Bell reports that the announcement has triggered a rush for clarification, with many buyers reportedly discovering encumbrances previously flagged in the state’s 2023 GIS land registry.

Government sources say the targeted area, strategically located near the Port Harcourt International Airport, has been earmarked for major infrastructure expansion, new road networks, and housing schemes under Governor Fubara’s 2025 development blueprint.

However, legal experts warn that classifying unclaimed plots as “unoccupied” could raise constitutional concerns over fair hearing, recalling previous controversies surrounding mass land revocations during the Greater Port Harcourt City project.

Community leaders in Elelenwo and Igwuruta have begun convening emergency meetings, urging residents to remain calm while advocating for transparent engagement and prompt compensation.

Meanwhile, long queues have formed at the premises of the Rivers State Newspaper Corporation in Diobu, Port Harcourt, as desperate landowners scramble to obtain copies of the November 14 edition of The Tide to study the notice. With the newspaper snapped off newsstands, prices reportedly surged to between ₦2,000 and ₦5,000 per copy, while photocopies sold for about ₦2,000.

Despite the tension, government officials maintain that the acquisition of dormant lands is essential to the state’s broader development agenda, aimed at decongesting Port Harcourt, boosting investment inflows and creating jobs for the state’s growing youth population.

Wike Warns South-South Development Commission Against Repeating Past Failures

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The Minister of the Federal Capital Territory, Nyesom Wike, has cautioned the newly inaugurated South-South Development Commission (SSDC) to remain firmly focused on its mandate and avoid the pitfalls that plagued previous regional intervention agencies.

Wike gave the charge on Wednesday when he received the Commission’s board and management team, led by its chairman, Mr. Chibudom Nwuche, and Managing Director, Ms. Usoro Akpabio.

The Minister warned the leadership to steer clear of distractions and resist external pressures capable of derailing the Commission’s developmental objectives. According to him, several interventionist bodies in the past underperformed due to corruption, divided loyalties and weak leadership.

He stressed that the progress of the South-South region would depend on the personal commitment of those appointed to drive development, rather than the pursuit of titles or influence. Wike lamented that many officials in similar bodies lacked dedication, noting that only hard work and discipline would justify their appointments and align with President Bola Tinubu’s Renewed Hope Agenda.

Taking a swipe at the performance of the Niger Delta Development Commission (NDDC), Wike decried a culture where contractors “arrived with portfolios,” yet billions of naira yielded scant results. He urged the SSDC leadership to avoid duplicating projects, awarding politically motivated contracts or sidelining community involvement.

Wike further tasked the board to uphold discipline, maintain internal cohesion, resist undue pressures and adhere to prudent financial management, insisting that the South-South was expecting a distinctly higher standard of performance.

He commended the commissioners and directors for their willingness to serve, expressing hope that they would project the region positively and reinforce the President’s confidence in their appointments.

Responding, Ms. Akpabio said the delegation’s visit was aimed at strengthening institutional relationships and deepening collaboration with federal agencies and stakeholders. She pledged that the Commission would prioritise regional development planning and ensure the South-South remained central to national policy implementation.

She added that the SSDC’s liaison office in Abuja would be enhanced to improve engagement with relevant federal bodies, affirming the Commission’s resolve to deliver on its mandate and advance economic growth across the region.

FAAC: FG, States, LGCs Share N2.094trn Revenue For October

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The Federation Account Allocation Committee (FAAC), has shared a total sum of N2.094 trillion revenue for the month of October among the Federal Government, states and the Local Government Councils (LGCs).

The revenue was shared at the November Federation Account Allocation Committee (FAAC) meeting on Wednesday in Abuja.

This is according to a communiqué issued at the end of the meeting, which was made available to newsmen by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF)

The communiqué said that the N2.094 trillion total distributable revenue comprised distributable statutory revenue of N1.376 trillion, Value Added Tax (VAT) revenue of N670.303 billion, and Electronic Money Transfer Levy (EMTL) revenue of N47.870 billion.

The communiqué said that total gross revenue of N2.934 trillion was available in October.

It said that total deduction for cost of collection was N115.278 billion, while total transfers, interventions, refunds and savings was N724.603 billion.

“Gross statutory revenue of N2.164 trillion was received for the month of October. This was higher than the sum of N2.128 trillion received in September 2025 by N36.832 billion.

“Gross revenue of N719.827 billion was available from the VAT. This is lower than the N872.630 billion available in September by N152.803 billion,” it said.

The communiqué said that from the N2.094 trillion total distributable revenue, the Federal Government received a total sum of N758.405 billion and the state governments received N689.120 billion.

It said that the LGCs received N505.803 billion, while the sum of N141.359 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

“On the N1.376 trillion distributable statutory revenue, the Federal Government received N650.680 billion and the state governments received N330.033 billion.

“The LGCs received N254.442 billion and the sum of N141.359 billion (13 per cent of mineral revenue) was shared to the benefiting States as derivation revenue,” it said.

It said that from the N670.303 billion VAT revenue, the Federal Government received N100.545 billion, the state governments received N335.152 billion and the LGCs received N234.606 billion.

It said that a total sum of N7.180 billion was received by the Federal Government from the N47.870 billion EMTL, the state governments received N23.935 billion and the LGCs received N16.755 billion.

NPC: 17 States Implementing Contributory Pension Scheme, 12 Lagging Behind – DG

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The Nigerian Pension Commission (NPC), on Wednesday, said 17 of the 36 states in the federation are implementing the contributory pension scheme.

The Director General (DG) of the commission, Ms. Omolola Oloworaran disclosed this in her address of welcome at the Second Run 2025 Consultative Forum for states and the FCT held in Benin.

Oloworaran, however, lamented that 12 states were yet to start, while seven were at various stages of establishing their pension bureaus.

She also said that the existing micro-pension plan for the informal sector was being redesigned and rebranded as Personal Pension Plan to take care of the millions of Nigerians in the informal sector.

She commended President Bola Tinubu for approving a ₦758 billion bond to settle legacy pension liabilities, such as accrued rights, pension increases, and minimum pension guarantees.

Oloworaran was represented at the event by the Commissioner of Inspectorate in the commission, Samuel Uwandu.

She said: “Today, under the CPS, that promise is being kept for over 10.9 million workers at the federal, state, and private sector levels, with pension assets now topping ₦26 trillion, fueling our nation’s development.

“But our mission as an industry is not complete,” She added.

According to Oloworaran, the success of this national reform rests on its implementation in every state, local government, and across the informal sector.

“This forum is the engine of that collaboration.

“This November marks one year since I assumed office as DG of NPC, and it has been a year of deliberate reform, focused on strengthening governance and expanding the value of the pension system for all Nigerians,” she said.

Oloworaran said that last year, the commission achieved the timely payment of accrued pension rights, the planned re-introduction of gratuity payments for federal civil servants under the CPS, and the introduction of a new Pension Contribution Remittance System (PCRS) to eliminate errors and delays in pension remittances, among others.

She emphasised that the success of Nigeria’s pension system “depends on the extent to which sub-national governments embrace the full implementation of the CPS/CDBS”.

She commended the states that had made significant progress by enacting pension laws and commencing contribution remittances for their workers.

In a presentation on “Recent Developments in the Pension Industry,” the Acting Head of Corporate Communications of the Commission, Ibrahim Buwai, said the scheme for the informal sector “offers a flexible structure for individuals to contribute at their own pace, ensuring that every Nigerian, regardless of employment type, can build retirement savings”.

Declaring the two-day event open, Gov. Monday, Okpebholo said his administration believed in the contributory pension scheme.

Okpebholo, represented by the Secretary to the State Government, Musa Ikhilor, said that he was already expecting a report on the pension scheme in the state and was ready to abide by the recommendations.

He said the administration had released ₦3 billion of the ₦5 billion owed to staff of the state-owned College of Education, disengaged when the school was taken over by the Federal Government.

Siege: PDP National Secretariat On Lockdown As Police Block Entry Points

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The Nigeria Police Force (NPF), FCT Command, on Wednesday sealed off the Peoples Democratic Party (PDP) national secretariat, Wadata Plaza, Abuja, using barbed wire.

The police also blocked all the access points to the party secretariat with patrol vehicles. The action followed the Tuesday violent confrontation between two factions of the party.

Reporters who visited the party secretariat, observed that large coils of razor wire were strategically deployed outside the access road by the building’s perimeter fence, blocking the main gates and halting all administrative and political activities at the facility.

Police patrol vehicles, including trucks, were used to block the road leading to the secretariat as well as the exit gate from the building.

Some police personnel were also seen manning strategic locations around the party secretariat, with no access permit to the secretariat staff members and party officials.

A riot control vehicle was equally stationed adjacent the party secretariat, while security personnel took positions at strategic points.

The Atlantic Bell reports that two rival groups, one loyal to the newly elected National Chairman, Taminu Turaki, and another backed by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, had on Tuesday clashed at the party secretariat.

This followed the plans by the two groups to hold parallel meetings at the same venue within the party secretariat.

Tension, however, escalated following the arrival of prominent figures from both sides, including Wike, the suspended National Secretary, Samuel Anyanwu, Turaki as well as Governors Bala Mohammed (Bauchi) and Seyi Makinde (Oyo).

The security operatives deployed to the scene subsequently fired tear gas repeatedly to disperse the crowd and restore order within the secretariat.

The PDP, at its recent controversial elective national convention in Ibadan, had expelled Wike, Anyanwu and his group from the party for alleged anti-party activities, while the new national Working Committee, led by Turaki was elected.

However, the factional National Executive Committee (NEC) of the PDP, led by Alhaji Abdulrahman Mohammed, after its 103rd meeting on Tuesday, also announced the expulsion of Makinde, Bala Mohammed and Gov. Dauda Lawal of Zamfara from the party.

Speaking with newsmen after gaining access to his office on Tuesday, Turaki said that he had assumed office, adding that the party leadership would continue to fight for Nigeria’s democracy.

Visionary: Africa Must Harness Innovation, Integration to Shape Global Future — ECA Chief

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Africa stands at a defining moment where frontier technologies and deeper regional integration could recalibrate its economic future, the UN Economic Commission for Africa (ECA) has said.

The position was contained in a statement issued yesterday by ECA’s Communication Section.

Speaking at the Fourth Session of the Committee on Private Sector Development, ECA Executive Secretary, Claver Gatete, underscored the theme, “Leveraging frontier technologies and innovation to advance regional integration for sustainable growth.”

Gatete commended the outgoing Chair of the Bureau, Mamadjam Dinis Djalo of Guinea-Bissau, for steering the Committee through a critical phase in its development work.

He noted that Africa faces a world marked by rapid technological change, geopolitical tensions, constrained finances and intensifying climate impacts — factors that are deepening vulnerabilities and widening inequalities across the continent.

Yet, he stressed, Africa retains distinct competitive advantages, including the world’s youngest population, vast renewable energy potential, fast-growing digital ecosystems and a continental market of 1.4 billion people under the African Continental Free Trade Area (AfCFTA).

“Integration and innovation must move in tandem,” he said. “Individually, each has limits; together, they can position Africa as a global economic shaper rather than a follower.”

Gatete pointed to transformative innovations already emerging across the continent, from mobile money and drone-powered medical deliveries to digital agriculture and generative AI — technologies he said could collectively boost productivity and unlock more than US$220 billion annually.

He argued that technology thrives on scale, while scale depends on integration, making the AfCFTA essential for harmonised regulations, investment incentives and market opportunities that can support innovation.

Conversely, he noted, innovation strengthens integration. The rise of cross-border instant payment systems, which expanded by nearly 40 per cent between 2019 and 2023, has lowered transaction costs and linked African markets more seamlessly.

The ECA chief outlined three priorities: expanding digital and physical cross-border infrastructure; empowering the private sector — particularly young people and women; and harmonising regulatory regimes to fully activate the continent’s trade potential.

He said African countries have already begun to deploy frontier technologies, undertake policy reforms and build systems geared toward a more resilient and globally competitive continent.

Gatete reaffirmed ECA’s commitment to supporting member states with data-driven policy advice, technical assistance and partnerships involving the African Union, regional blocs, the private sector and development agencies.

He urged delegates to convert discussions into measurable action and share country experiences that can shape Africa’s inclusive, innovative and integrated economic future.

Impactful: CBN Credits Monetary Policy Department For Key Economic Turnaround

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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has credited the apex bank’s Monetary Policy Department (MPD) with playing a pivotal role in shaping major policy milestones recorded over the years.

Cardoso, represented by the Deputy Governor in charge of Economic Policy, Dr. Mohammed Abdullahi spoke yesterday in Abuja at an event marking the MPD’s 20th Anniversary Colloquium, themed “Monetary Policy in Nigeria: Past, Present and Future.”

He noted that the department has consistently provided technical backbone to key CBN committees, including the Monetary Policy Committee (MPC) and the Monetary Policy Technical Committee, thereby strengthening policy coherence and decision-making.

“The department’s work has underpinned several landmark achievements, including the introduction of the Monetary Policy Rate (MPR), which replaced the minimum rediscount rate in 2006 and improved clarity and coordination of monetary policy,” he said.

Cardoso also highlighted the MPD’s role in adopting the Interest Rate Corridor framework, which established guidance around the MPR to better steer short-term interest rates and enhance liquidity management.

According to him, the department has equally advanced evidence-based policy analysis and improved the bank’s communication strategy, contributing to greater transparency in monetary operations.

He said Nigeria’s economy had undergone significant transformation over the past two years, driven by policy reforms that have helped restore confidence and set the stage for long-term macroeconomic stability.

“As a result, inflation has moderated to 16 per cent as of October, down from a peak of 34.6 per cent in November 2024 — the lowest in three years and the seventh consecutive month of disinflation. Core inflation is also easing, showing that tight monetary policy is taking effect,” he said.

Cardoso added that the naira had continued to stabilise as foreign exchange pressures eased.

Director of the MPD, Dr. Victor Oboh, described the department’s 20-year journey as one defined by intellectual discipline, strategic foresight and unwavering commitment to the CBN’s core mandate.

He thanked the CBN Governor for his guidance and support, noting that the department’s work had shaped Nigeria’s transition from direct controls to a more market-based monetary policy regime.

Oboh said the MPD’s resilience had been evident during global and domestic shocks, including the financial crisis, commodity price downturns and the COVID-19 pandemic.

Worrisome: Rising Unemployment, A Ticking Time Bomb -Philanthropist

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A philanthropist, Chief Bibopere Ajube, says the rising unemployment in the country will consume the nation if able individuals fail to support government.

Ajube said this at a youth summit to commemorate the 13th anniversary of the Gallery Security Services Ltd. (GSSL) on Wednesday in Agadagba-Obon, Ese-Odo Local Government Area of Ondo State.

Ajube, the founder of GSSL, said he had taken it upon himself to invest in humanity and society in order to bring positive impacts.

According to him, all well-to-do people should invest in their respective localities to address unemployment, which has been a major cause of social vices and criminalities.

“Our coming to this world is to impact our environment. Whatever God gives me is for my people, not only me and my family.

“That is why we are doing this, and we are not going to be tired. If we don’t find a solution to unemployment, the problem will consume us,” he said.

Ajube, a community leader, said the creation of GSSL was to address insecurity, especially in the coastal areas of the Niger Delta.

“The conventional security agencies are just to assist us. You know that it’s left for us in coastal areas to do the work. Let us all see security as a personal responsibility.

“That is the only way we can have peace in our communities. I will never leave you people alone. I am ready to serve you till I am old and die,” he said.
Earlier at a news conference, the General Manager of GSSL, Mr Anthony Onyeisue, said 1200 youths would be empowered during the summit.

Onyeisue said the society would be difficult to control if there was a chunk of unemployed youths.

‎”We believe here in GSSL also that one of the ways we can actually reduce crime across this country is to create valuable jobs for our youth population so that they can also contribute to the society,” he said.

According to him, the security outfit has secured lives and property in the coastal communities of the state and beyond.

“It has also contributed remarkably to the socio-economic well-being of the jurisdiction that it serves.

“GSSL has consistently exhibited amiable courage and professionalism in combating sea piracy, oil thefts, pipeline vandalism, and other criminal activities.

“The company’s highly trained, dedicated, and motivated personnel have continued to complement the efforts of government security agencies in providing security services to communities.

“GSSL, through its Corporate Social Responsibility (CSR), continues to rekindle the hope of individuals in need of healthcare by providing them access to free medical services.

“The free health services include surgical operations, comprehensive health investigations, and drug administration.

“Also, hundreds of households, men and women inclusively, have directly benefited from cash support and non-interest loan initiatives,reflecting the compassion, generosity, and leadership of its founder, Senior High Chief Bibopere Ajube,” he stated.

The summit was tagged “Strengthening Waterways Security and Community Safety by Tackling Illegal Bunkering, Sea Piracy, Kidnapping, Cultism and Drug Abuse”.

Lectures were given on bunkering, sea piracy, drug abuse, youth vulnerability, cultism, and youth violence.