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PDP Expels Wike, Anyanwu, Fayose …Retains Damagum As Substantive Chairman

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The Peoples Democratic Party, PDP, has expelled the Minister of the Federal Capital Territory, FCT, Nyesom Wike, its suspended National Secretary, Samuel Anyanwu, and former Governor of Ekiti State, Ayo Fayose.

Their expulsion was announced on Saturday at the party’s national convention in Ibadan, the Oyo State capital.

The Atlantic Bell reports that the convention is taking place on November 15 and 16.

Chief Olabode George, former National Vice Chairman of the party (South) moved the motion for the expulsion at the ongoing convention in Ibadan, Oyo State capital.

Hon Samaila Burga, Chairman of the PDP in Bauchi, seconded the motion.

The PDP faction loyal to Wike had moved to stop the convention through the court, but the party secured judgement at a high court in Oyo to make the convention hold.

A few days to the convention, Mao Ohabunwa, chairman of the Board of Trustees (BoT) of the Wike-led faction, ​said anyone going to Ibadan for the purpose of convention would just going there to relax because the exercise would not be recognized by law.

​Taunting the other faction, he said those interested in going to Ibadan should relax and have fun, describing the exercise as a “jamboree.”

​According to him, Anyanwu, had issued

According to him, Anyanwu, had issued a circular, notifying members about the postponement of the convention.

​”We have met as the national working committee of PDP, and reviewed our activities. We have agreed to obey all the court decisions on the Ibadan convention. So, we are not part of the exercise.

​”Ibadan is a public place, people can go for anything but not for convention, anyone going there in the name of convention should consider it a jamboree.

“We won’t tolerate flagrant abuse of the constitution by some individuals in the name of a convention,” Ohuabunwa had said.

​The faction’s acting national chairman, Abdulrahman Muhammad, also called on the delegates to stay away from the convention and wait for the right time.

​Muhammad promised to keep mobilizing members across the 36 states and the FCT for a strong and united PDP.

​”We are concerned with moving PDP forward, therefore, all delegates across the country should stay away from the Ibadan convention,” said Muhammad.

Meanwhile, Ambassador Umaru Damagum has been unanimously confirmed as the substantive National Chairman of the Peoples Democratic Party (PDP).

The motion to this effect was moved by the Chairman of the PDP, Edo State chapter, Hon. Tony Abineri, on behalf of the 3,000 delegates at the 2025 Elective PDP Convention held at the mainbowl of the Lekan Salami Stadium, Ibadan, on Saturday.

The motion, which was seconded by Edward Marshal, is said to be in accordance with Section 32 of the PDP Constitution as amended.

Speaking while moving the motion, Abineri said, “I move the motion for the ratification of Ambassador Umaru Damagum as the substantive National Chairman of the party. This is in accordance with Section 32 of the Constitution of the PDP as amended.”

RSG Bridging Sectoral Gaps In Healthcare Delivery – Commissioner

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Dr Adaeze Oreh, Rivers Commissioner for Health, has reaffirmed the state government’s readiness in bridging existing gaps in the primary and secondary healthcare sector of the state.

Oreh made the remark at the 4th annual scientific conference organized by Nigerian Prosthetics, Orthotic and Orthopaedic Technology Society (NPOOTS) in Port Harcourt.

Represented by Dr Nwachuku Vincent, Director of Medical Service of the Ministry, the Commissioner commended NPOOTS for donating artificial limbs to some amputee in the state.

She assured on government’s willingness to synergise with the group to assist in bringing prosthetic and orthotic services down to the primary and secondary healthcare sectors of the state.

She noted that the government through the ministry had initiated viable policies aimed at driving healthcare services to the remotest parts of the state.

According to her, the governor’s mantra ‘’health for Rivers people’’ had started yielding feasible impacts as Gov. Siminalayi Fubara continued to strengthen the sector.

“The governor has so far employed over 2,000 health workers and had promised more employment even as he is expanding healthcare facilities across rural communities.

“I believe, with proper synergy, prosthetic and orthotic services could also get to rural communities,” she said.

Prof. Rufai Ahmad, Registrar, Medical Rehabilitation Therapist Board of Nigeria, expressed concerns over manpower deficit in prosthetic and orthotic units across the country.

Acknowledging the importance of the arm of medicine, Ahmad called on government and relevant stakeholders to ensure continuous training to enable professionals deliver effectively.

“We have very few qualified professionals in Nigeria who provide these services; in the boards, we have registered only less than 400 members,” he said.

Dr Onwukamuche Chikwado Kingsley, the immediate past president of NPOOTS, attributed high cost of acquiring artificial prosthetics to high foreign exchange rate on imported components.

He urged the government to consider health insurance for patients and also integrate Prosthetics and Orthotic service into the primary healthcare system.

Former Anambra Governor, Obiano Debunks Death Story … Says, I’m Alive And Healthy

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Former Anambra State Governor Chief Willie Obiano has debunked rumours circulating on social media, claiming he had passed away, assuring the public that he is in excellent health.

In a statement released on Friday evening, Obiano, who bears the title of “Akpokuedike,”
addressed the speculation directly, describing the reports as baseless and the handiwork of mischief-makers.

The former governor said he was surprised to wake up to news of his alleged death, stressing that he remains “alive, hale, hearty, and in excellent health.”

“By the special grace of God, I am doing very well,” he said.

Obiano expressed disappointment that some individuals continue to circulate falsehoods for reasons he said were difficult to understand. However, he maintained that such actions would not deter him.

He also extended his gratitude to the many people who reached out with calls, messages, and prayers after the rumour surfaced.

“Your love and goodwill mean more than words can express,” he noted.

Obiano urged the public to disregard the speculation entirely, adding that he remains focused, grateful, and guided by God’s grace.

NPOOTS Donates N10m Prosthetic Limbs To Rivers Amputees

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The Nigerian Prosthetics, Orthotic and Orthopedic Technology Society (NPOOTS) has donated prosthetic limbs worth over N10 million to ten amputees in Rivers State, restoring mobility and improving their quality of life.

The presentation took place during the society’s 4th annual scientific conference in Port Harcourt on Friday.

Dr Nze Ugorji, President of NPOOTS, handed over the devices to seven male and three female beneficiaries, highlighting the high cost of prosthetic limbs and calling for federal government intervention to improve access.

He noted that the donation was part of NPOOTS’ annual commitment to enhancing self-reliance among amputees nationwide.

“The theme of this year’s conference, ‘Broadening Prosthetic and Orthotic Services Across Nigeria’s Healthcare System Towards Achieving Universal Health Coverage,’ reflects our goal of strengthening rehabilitation and promoting sustainable use of prosthetic devices,” Ugorji said.

He urged the government to integrate prosthetic and orthotic services into the National Health Insurance Authority (NHIA) to reduce financial barriers, as the cost of a single limb currently ranged from N800,000 to N1.6 million.

Mr Pakouyowou Timothee, International Project Coordinator of the United Nations Industrial Development Organisation (UNIDO), announced that Japan would provide 200 free prosthetic devices for landmine victims across Nigeria in 2026.

He said the initiative would also train 20 professionals in 3D prosthetic technology and offer capacity-building opportunities to 400 students through schools and the Nigerian Rehabilitation Workers Board.

The neneficiaries hailed NPOOTS for the initiative and urged government and private partners to collaborate to expand coverage for patients on waiting lists.

Mr Uche Wordi, a gunshot victim from Obio/Akpor Local Government, said, “I’m delighted to receive this prosthetic; my knee was long overdue for replacement but I couldn’t afford one.”

Miss Okorie Chioma, 29, from Imo State, whose leg was amputated due to diabetes complications, expressed gratitude: “I can now walk again, something I could not do because I couldn’t afford an artificial limb.

“I commend NPOOTS for this benevolence.”

By: Wokoma Emmanuel

Air Peace Faces Disruptions, As Lessor Withdraws Aircraft …Claims Loss Of $15m

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Air Peace Ltd. has attributed sudden disruptions in its domestic operations to ‘illegal’ withdrawal of three aircraft by its wet lessor, Smartlynx Airlines.

The airline said on Friday that the disruptions cost it 15 million U.S. dollars.

The Chief Commercial Officer at Air Peace, Mr Nowel Ngala, disclosed this at a news conference in Lagos.

According to Ngala, Air Peace has experienced a number of operational disruptions, resulting in flight delays and cancellations.

He said that Air Peace entered a wet-lease agreement with Smartlynx because 13 of its aircraft were undergoing scheduled maintenance abroad.

According to him, to avoid service gaps and ensure Nigerians would continue to travel conveniently, the airline leased aircraft from SmartLynx.

He said that the sudden withdrawal of the three aircraft was illegal and a breach of contract.

Ngala said that the withdrawal inflicted financial loss and reputational damage to Air peace and the Nigerian travelling public.

“This withdrawal was done without prior notice. It is a clear violation of industry standards and of an agreement between both parties.

“What makes this even more concerning is that SmartLynx had collected money upfront from Air Peace.”

He said that the lessor claimed that the owners of the aircraft wanted them withdrawn.

“Over five million dollars of our money including over a million dollars paid as security deposits for those aircraft are with them (SmartLynx).

“This situation has caused over 15 million dollars in damages to Air Peace. These aircraft had already been rostered for scheduled flights, and their sudden removal created significant gaps in our operations,” he said.

Ngala said that Air Peace had released three of the aircraft to the owners in good faith.

According to him, one more aircraft remains, and the airline is requesting for refund.

He said that was not the first time Air Peace was placed in a difficult situation by a lessor.

According to him, a lessor had ‘vanished’ with over two million dollars from Air Peace in the guise that it was taking leased aircraft for maintenance.

He said that the aircraft was never returned and the fund unaccounted for.

“These actions, unfortunately, reflect the challenges Nigerian carriers often face in international leasing arrangements. We cannot allow that to happen again,” he said.

According to Ngala, in spite of the challenges, Air Peace has completed its aircraft maintenance and two have arrived for services.

He said that the airline hoped to resume full operations across all its routes from next week as more of its aircraft would return.

He said: “We regret the difficulties our passengers have experienced, and we appreciate their patience and understanding throughout this period.

“Air Peace remains firmly committed to providing safe, reliable and world-class flight services.

“We assure the Nigerian public that we are taking every necessary step to prevent such disruptions in the future and to hold all defaulting partners accountable.”

Ngala said that the airline’s London flights had not been disrupted.

RIVCHPP Mark’s World Diabetes Day With Outreaches … Conducts Blood Sugar Tests In 23 LGAs

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Rivers State Contributory Health Protection Programme (RIVCHPP) has partnered with the Rivers State Ministry of Health and Svengen Health Limited to commemorate World Diabetes Day, celebrated annually on the 14th November.

As a build-up to the day, the Executive Secretary of the health insurance agency in Rivers State, Dr. Vetty Agala, on behalf of RIVCHPP, presented the Diabimetrics(glucometer) and other materials to the Rivers State Commissioner for Health, Dr. Adaeze Chidinma Oreh, in a symbolic gesture. The presentation was witnessed by the State Non-communicable Diseases Program Manager, Dr. Sandra Abolo.

Testing for blood sugar at the State Secretariat Complex , Port Harcourt, as part of the World Diabetes Day celebrations.

Also, Dr. Agala, who hosted an online radio programme earlier in the week to x-ray matters relating to Diabetes noted that health education, health promotion, and preventive healthcare are central to RIVCHPP’s protection of Rivers residents from health poverty.

RIVCHPP had earlier received support from Svengen to ensure that materials to test for Diabetes among residents of the state were distributed to the 23 Local Government Areas through RIVCHPP’s focal persons.

To mark the day, RIVCHPP and the Ministry of Health mobilised healthcare personnel at the State Secretariat Complex and other sites throughout the 23 Local Government Areas to carry out blood glucose tests.

The Commissioner for Health, Dr Adaeze Chidinma Oreh, the Executive Secretary of RIVCHPP, Dr. Vetty Agala, and the Focal person for Non-communicable Diseases in Rivers State Ministry of Health, Dr. Sandra Abolo displaying the test kits.

According to Dr. Barine Dimkpa, the Head, Health Services Department of RIVCHPP, the outreach programme to raise awareness on diabetes, screen for prediabetes and enrol Rivers healthworkers into health insurance as part of the World Diabetes day outing.

CAFFAN National President Hails Fubara, RIMA For Empowering Fish Farmers, Others In Rivers

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Rivers State Governor, Sir Siminialayi Fubara, has again been commended for his vision and desire to impact peasant farmers, micro, small, medium enterprises in the state through the Rivers State Microfinance Agency.

The commendation was made by the National President of Catfish and Allied Fish Farmers Association (CAFFAN ), Dr Momoh Mustapha, when a delegation of the group paid a visit to the Managing Director of the Rivers Microfinance Agency in his office in Port Harcourt, recently.

 

National President of CAFFAN, Dr Momoh Mustapha (right), in a handshake with the Acting Managing Director of RIMA, Pastor Jonathan Tobin, during the visit. Rivers State Chapter Chairman, Elder Clapton Ogolo (2nd left), and Azuka Chekwube, look on.

Dr Momoh noted that the impact of the governor’s vision was already being felt as beneficiaries of the loans administered by RIMA are paying back the loans, which indicates successes by the businesses.

The CAFFAN President attributed the successes recorded to the result of the painstaking effort by the Microfinance Agency in giving loans to genuine businesses, especially farmers in the state.

He also commended RIMA for adopting a module that has it possible for loan recovery with ease. He said the perspicacity of the leadership of RIMA is driving the vision of the governor of the state and urged the leadership to continue on that lane of success.

Responding, the acting Managing Director of RIMA, Pastor Jonathan Tobin thanked the group for the visit and commended them for carrying along fish farmers in Rivers State.

He reiterated the importance of fish farmers to the health of people of the state and Nigeria at large, noting that their role can never be underestimated.

The RIMA acting Managing Director said the agency was determined to continue with the vision and mandate of the governor of Rivers State.

“We have to thank God and thank the Governor of Rivers State, Sir Siminialayi Fubara, because he has the idea, the vision, and the foresight for what we are doing.

“He told us I want to assist our peasant farmers, businessmen, and women. I want to put money in their hands so that they can grow their businesses. I want to be remembered as the governor that put money in the hands of Rivers people to make their businesses grow,” Pastor Tobin told the visiting CAFFAN group.

The RIMA acting MD urged the fush farmers to remain steadfast in contributing to the growth of the economy of the state.

Among those on the visit were the Rivers State Chapter Chairman, Elder Clapton Ogolo, Pastor M. Jerry, and Mr Azuka Chekwube.

Strong FX Inflows, Tighter Controls Driving Naira Stability, Says CBN Abuja

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The Central Bank of Nigeria (CBN) says recent foreign exchange (FX) stability is driven by increasing FX inflows, tighter market controls and the return to orthodox monetary policy.

Dr Victor Eboh, Director of Monetary Policy at the CBN, said this during a Business, Economy and Financial Training for Journalists organised by Premium Times Academy in collaboration with the apex bank in Abuja.

According to him, the move by the CBN is aimed at restoring confidence and transparency in the sector.

Eboh said that the Naira had for years been “overvalued” noting that the current management allowed the currency to find its true value by removing distortions and preferential access to foreign exchange.

He recalled that the exchange rate had climbed to about N1,800 to a dollar at the height of market volatility but had stabilised significantly, closing at about N1,440 to a dollar in the official window.

According to him, stability and not artificially strong rates remain the priority of the administration.

“Whether you are a big man or not, we all go to the same market now for dollars. There is no longer unauthorised access to FX.

“Stability is more important than a strong Naira that cannot be sustained,” he said.

Eboh explained that increased transparency and unified access had boosted investor confidence, resulting in higher foreign exchange inflows.

He added that the country’s external reserves had risen to over 43 billion dollars, representing about nine months of import cover.

“In Ghana, the import cover is about three months. Some West African countries have barely six weeks. Nigeria currently stands at nine months. We have a lot of good news to report,” he said.

The CBN director also said that the nation’s balance of payments and current account had remained in surplus territory, supported by programmes designed to enhance FX liquidity and improve external sector conditions.

On inflation, Eboh acknowledged that lending rates were still elevated but said monetary tightening was necessary to restore price stability.

He warned that uncontrolled inflation would erode purchasing power more severely than short-term constraints on spending.

“You have to choose which one comes first. High inflation is a limitation to growth. It is not about having money in your hand but about what that money can buy,” he said.

Eboh said that the Bank had reverted fully to orthodox monetary policy, focusing on core mandates while leaving fiscal interventions to the government.

“Central Bank cannot be Minister of Agriculture, Minister of Aviation and Minister of Transportation at the same time. That is why we have returned to full orthodoxy,” he said.

Eboh also assured the public that Nigerian banks remain strong and sound in spite the ongoing recapitalisation.

According to him, the ongoing recapitalisation exercise is not due to distress, but to position the financial sector to support President Bola Tinubu’s one trillion dollars economy target.

Eboh added that the Bank was monitoring monetary aggregates closely to prevent excessive money supply growth that could fuel inflation.

He urged journalists to pay particular attention to the behaviour of monetary indicators, especially when reporting on money supply, broad money and currency in circulation.

The director emphasised that the CBN would sustain measures to ensure exchange rate stability, curb inflationary pressures and maintain overall financial system soundness.

SEC Begins New Settlement Cycle, November 28

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The Securities and Exchange Commission (SEC) says the Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from November 28.

A notice signed by Mrs Efe Ebelo, Head of External Relations of SEC, said in Abuja on Thursday, that the move was designed to align with global best practices and enhance market efficiency.

The T+2 settlement cycle is a standard for securities transactions where the final transfer of ownership and payment occurs two business days after the trade date.

For example, a stock bought on a Monday would be fully settled by the following Wednesday (T+2), meaning the buyer must have paid for the stock and the seller must have delivered it by then.

Ebelo said the current T+3 (trade date plus three days) settlement cycle was now at the implementation stage following months of preparation and stakeholder testing.

She said the transition was expected to significantly enhance the country’s capital market by allowing investors quicker access to funds, thereby enhancing overall market liquidity.

Ebelo said the move would help to reduce counterparty risk exposure, thereby fostering a more stable and resilient market environment”.

”As the central counterparty, CSCS Plc has dedicated considerable effort and resources to ensure seamless operational and technical readiness throughout the transition.

“Extensive testing with market participants has been successfully conducted without any reported issues, reflecting high confidence in the market’s preparedness for this landmark change.

”Under the new system, all trades executed on Nov. 28, 2025, will settle on Tuesday, December 2, 2025, while transactions carried out before that date will continue to follow the existing T+3 schedule.

This means that trades executed on Thursday, November 27, will also settle on December 2, coinciding with the first batch of T+2 settlements,” she said.

Ebelo reaffirmed the commitment of the Commission towards building a modern, efficient, and transparent capital market.

She said the commission would continue to engage stakeholders to drive further improvements and strengthen Nigeria’s position as an attractive investment destination.

PTAD Disburses N3.9b Arrears To 91,146 Pensioners

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The Pension Transitional Arrangement Directorate (PTAD), has completed the payment of N3.9 billion arrears to 91,146 eligible pensioners under the Defined Benefit Scheme (DBS).

This is contained in a statement issued by the Head, Corporate Communication, Mr Olugbenga Ajayi in Abuja on Friday.
He said that the payment was part of the N32,000 increment approved by President Bola Tinubu.

“Breakdown of the payment are: N1.9 billion to 59,865 pensioners under Parastatals Pension Department, N830 million to 12,976 pensioners under Civil Service Pension Department and N620 million to 9,689 pensioners under Police Pension Department.
Others are: N551 million to 8,616 Pensioners under the Nigeria Customs Service (NCS), the Nigeria Immigration Service, and Prisons Pension Department,” Ajayi said.
The Executive Secretary of PTAD, Tolulope Odunaiya, reiterated the Federal Government’s commitment to settling all outstanding arrears and improving pensioners’ welfare under the Renewed Hope Agenda of the president.