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Dangote Holds “Key To Lower Inflation” –Economic Think Tank

 

Dangote Petroleum Refinery has been identified as crucial to reducing inflation in Nigeria, according to a report by the Financial Derivatives Company (FDC) Limited think tank.

In its recently published Lagos Business School (LBS) Executive Breakfast Presentation for July, the think tank noted that Dangote Refinery has become the key mechanism for reducing petrol prices and lowering transport fares.

The report, presented by the Managing Director and Chief Executive Officer of FDC, Bismarck Rewane, added that Dangote’s uniform pricing policy and credit facilities to marketers represent a game changer that will revolutionise Nigeria’s downstream oil sector by cutting logistics costs.

“Dangote’s uniform pricing and credit to marketers is a game changer and a catalyst for more private sector investment. The initiative is set to revolutionize Nigeria’s oil downstream business by cutting logistics costs and by spending over N1.7 trillion annually,” it stated, emphasising that Dangote Refinery’s fuel distribution strategy, which involves deploying 4,000 Compressed Natural Gas (CNG) trucks nationwide, will lower pump prices, curb inflation, and support over 42 million MSMEs.

“With 4,000 CNG-powered trucks delivering refined products directly to the doorsteps of end-users, the move will lower pump prices, curb inflation, and support over 42 million MSMEs.”

The report stressed that the Nigerian economy is experiencing a classic oil price paradox: when global oil prices rise, the government benefits financially and the naira strengthens, yet there is little advantage for the average person. Conversely, when oil prices fall, consumers rejoice at lower petrol prices while the government suffers financially.

On the international front, the report observed that the global economy has swung from exaggerated fears of market volatility and uncertainty to the irrational exuberance of momentum traders and speculators, who are profiting by exploiting the anxieties of those fixated on maintaining the status quo.

JUST IN: ASUU embarks on nationwide strike over delayed payment

 

The Academic Staff Union of Universities (ASUU) has commenced a nationwide strike in response to the non-payment of June 2025 salaries, triggering fresh disruptions across Nigeria’s public university system.

The strike action follows a resolution by the union’s National Executive Council (NEC), which enforces a strict “No Pay, No Work” policy. According to the resolution, if lecturers’ salaries are delayed by more than three days into a new month, industrial action becomes inevitable.

Already, ASUU branches at the University of Jos and the University of Abuja have downed tools in compliance with the directive, while others are expected to follow suit in the coming days.

ASUU National President, Prof. Chris Piwuna, confirmed the development in Abuja, describing the move as a response to the recurring financial hardship lecturers face due to persistent delays in salary payments.

He attributed the worsening situation to the federal government’s transition of university payrolls from the Integrated Personnel Payroll and Information System (IPPIS) to the Government Integrated Financial Management Information System (GIFMIS).

Prof. Piwuna condemned what he called the “nonchalant attitude” of key government officials toward the welfare of university lecturers.

He said, despite efforts to engage the Minister of Education and the Office of the Accountant General, the union has seen “no meaningful progress.”

“Our members are experiencing hardship. Salaries are often delayed by a week or more. At NEC, we agreed that if salaries are not paid within three days of a new month, members should withdraw their services,” he stated.

He dismissed claims of technical issues with GIFMIS, insisting the delays are the result of deliberate negligence by the Office of the Accountant General.

“When funds are eventually released, there are no complaints of underpayment or technical failure. The system works; it’s the handlers who are stalling. We believe this delay is intentional,” Piwuna added.

He also raised concerns about the outstanding N10 billion in Earned Academic Allowances (EAA) owed by the federal government. He noted that although N50 billion was initially pledged, only N40 billion has been disbursed.

“We expect the remaining N10 billion to be paid without further delay to prevent another round of agitation,” he warned.

In Jos, ASUU branch chairman Dr. Jurbe Molwus confirmed that lecturers had withdrawn their services in line with the NEC resolution. He added that a strike monitoring team has been activated to ensure full compliance and stressed that continued delays in salary payments would result in sustained industrial action.

At the University of Abuja, ASUU members also downed tools on Monday. While branch chairman Dr. Sylvanus Ugoh could not be reached for comments, the university’s spokesperson, Dr. Habib Yakoob, declined to speak on the issue, referring all inquiries to ASUU leadership.

ASUU has long insisted that timely payment of salaries is critical for effective teaching and administration in universities. The current strike marks yet another chapter in the union’s ongoing struggle with the federal government over lecturers’ welfare.

 

Shock as Russia’s Transport Minister found dead hours after dismissal

 

Russia’s Transport Minister, Roman Starovoit, was found dead from a gunshot wound on Monday, in what investigators are describing as an apparent suicide.

His death came just hours after the Kremlin unexpectedly announced his dismissal from office.

Starovoit, 53, had only served as transport minister since May 2024, following a term as governor of the Kursk region.

According to Russia’s Investigative Committee, Starovoit’s body was discovered in his car in Odintsovo, a suburb west of Moscow known for housing members of Russia’s political and business elite.

A firearm, reportedly a ceremonial gift, was found beside him. Spokesperson of the Committee, Svetlana Petrenko said a criminal investigation has been launched with suicide currently seen as the most probable cause of his death.

No specific time of death was disclosed.

Russian media have linked Starovoit’s dismissal to an ongoing probe into alleged embezzlement of federal funds earmarked for military fortifications in the Kursk region.

The supposed misappropriation has been blamed for gaps in Russia’s defensive lines, which failed to repel a surprise Ukrainian incursion in August 2024.

That attack saw Ukrainian mechanised units overrun Russian forces, leading to the capture of hundreds of conscripts and border guards.

It marked the first time since World War II that a foreign force had occupied Russian territory.

Although Russian forces announced the full recapture of the area in April, the episode remains a point of strategic and symbolic embarrassment for the Kremlin.

Starovoit’s successor as governor of Kursk, Alexei Smirnov, resigned in December and was arrested in April on similar embezzlement charges.

Reports suggested that Starovoit may have also faced investigation in connection with the case.

His dismissal came just after a weekend of major air travel disruptions caused by Ukrainian drone attacks, which grounded hundreds of flights across Russian airports.

While some speculated the chaos may have contributed to his removal, analysts noted that such disruptions have become increasingly routine and were unlikely to be the decisive factor.

An official presidential decree announcing Starovoit’s dismissal was published on the Kremlin’s website Monday morning, without explanation.

Shortly before news of his death emerged, Kremlin spokesman Dmitry Peskov declined to comment on the reason for the dismissal but praised Starovoit’s successor, Andrei Nikitin, who had been serving as deputy transport minister.

PETER MBAH’S NOISELESS STRIDES IN ENUGU

 

By Tunde Olusunle

You would think I had personal relationships with Chukwuma Soludo and Alex Otti Governors of Anambra and Enugu states, the way I’ve followed their governance trajectories. I was only doing my job as conscience of society and documenter of history. Soludo I know somewhat because he was Economic Adviser to former President Olusegun Obasanjo, in whose administration I also served. He was subsequently appointed Governor of the Central Bank of Nigeria, (CBN). We met a few times during meetings he attended in the State House, which I covered as a component of the President’s official secretariat. Otti I never met though. But in two separate essays, Plaudits for Soludo, Otti and Bago, and Soludo, Otti and Prospects for National Integration, I took specific note of their efforts in prosecuting people-oriented developmental agendas. With Soludo and Otti appointing non-indigenes of their respective states to the pinnacle of the civil service as Permanent Secretary and Head of Service, respectively, I reckoned elsewhere, that national integration was indeed feasible despite our fractious sociopolitics.

Enugu State began to feature in my thoughts in the aftermath of President Bola Tinubu’s visit to the state early January and the jaw-dropping projects he commissioned. I tracked the 2025 budget of the state and discovered it nearly approximated the one trillion naira mark, frantically chasing after established deep pockets like Lagos, Rivers, and now Niger State. Enugu now nestles with Ogun, Delta and Akwa Ibom states, on the column next to the big spenders. A substantial part of what the state intends to spend this year would indeed be generated via internal revenue, which was surprising. When the Nigerian Guild of Editors, (NGE), served notice of its 2025 Biennial Convention for Thursday June 26 to Sunday June 29, with Enugu State as host, I reckoned it was a fitting opportunity for the verification of the good tidings from the famous, primordial headquarters of Nigeria’s South East.

Enugu welcomes you, wide-armed, with smooth, motorable roads as you drive out of the Akanu Ibiam International Airport. Your driver is not dodging ditches or running into potholes. Mbah’s government you get to know, has rehabilitated 90 urban roads within his initial two years in office. Very evidently, Enugu has profited from quality leadership all through the past 26 years. The baton passed down from Chimaroke Nnamani, to Sullivan Chime, and thenceforth to Ifeanyi Ugwuanyi, and more contemporaneously, Peter Mbah, has steadied the state on an upward developmental trajectory. Whereas every dispensation etches its name on the whiteboard of time, the collective interest of the people of the state, are primary. Mbah, soft-spoken, with no airs around him, welcomed us at the formal commencement of the Convention on Friday June 26, 2025, at the very stately, purpose-built Enugu International Conference Centre, also developed by his administration within the first two years of his administration. Adjacent this and under fast-paced construction is a 340-room five-star hotel, consistent with growing Enugu into a tourism and conferencing hub. Mbah’s strategic vision indeed is to elevate the economy of his state from its present $4.4Billion to $30Billion in eight years.

The opening ceremony of the Enugu Convention of the Guild of Editors, also had in attendance media heavyweights like Aremo Olusegun Osoba, CON, a living legend of the Nigerian media, who edited Daily Times, the flagship of the erstwhile Daily Times conglomerate and served as two-time Governor of Ogun State. Chief Onyema Ugochukwu, FNGE, CON, media icon, who holds the record of having edited three major titles in the Daily Times stable in his time, Business Times, the London based West Africa magazine, and the flagship newspaper, Daily Times itself, was present. Nonagenarian Sam Amuka-Pemu, publisher of Vanguard newspapers, one of the elder statesmen of the profession who was expected, sent his apologies. Proprietor of Channels Television, one of Nigeria’s media bright lights, John Momoh, and the Director-General of the Department of State Services, (DSS), Adeola Oluwatosin Ajayi, were equally in attendance. Media Adviser to former President Muhammadu Buhari, Femi Adesina; long-serving Adviser to Babatunde Fashola, SAN, Hakeem Bello, and Senior Special Assistant, (SSA) to President Bola Tinubu on Media, Tunde Rahman, were present. For the avoidance of doubt, the Enugu Convention of the Nigerian Guild of Editors could rank as the most enthusiastically attended in recent years, commanding over 400 delegates. It was star-studded.

Typically, the third days of our Conventions are devoted to touring projects executed by our host governments. En route the Michael Okpara Square where editors converged before breaking into groups, Enugu residents were seen walking, jogging, exercising on sidewalks across the city in good numbers. It was for me, a reflection of contentment by the people with the leadership of their state. People being owed salaries, benefits, allowances and pensions wouldn’t prioritise exercising when there’s crippling hunger in their homes. It was also a reflection of the people’s confidence in the security regimen emplaced by their government for their safety. I found myself in Group B of the tourists, guided by the Secretary to the State Government, (SSG), the US-trained Professor Chidiebere Onyia. Emeritus Editor Ugochukwu, pioneer Chairman of the Niger Delta Development Commission, (NDDC), was our team leader. My colleague and sister from our days in Daily Times, Angela Agoawike said that once she sighted Ugochukwu at the Convention, she could swear I was somewhere in the audience!

Mbah’s Smart Green Schools which are being replicated in each of the 260 electoral wards in the state, must provoke the envy of many tertiary institutions in Nigeria. Thirty of this prototype have been completed. Under Mbah, education is free and imperative from kindergarten to JSS 3, to avail children of basic education. For starters, computer literacy is compulsory for every student. Side-by-side with approved curricular, Mbah’s vision is for each child, each graduate to acquire specific skills to help them become gainfully self-employed, rather than wait despairingly, for white collar jobs which may be slow in coming, or may never come. Each school has departments or laboratories or workshops for practical teaching of dressmaking, vulcanising and mechanical artisanship, hotel management and so on.

Mbah is as passionate about the agricultural sector and has indeed established a tractor assembly workshop. Completely knocked down parts, (CKDs) are imported and cobbled together in the workshop, ensuring value chain benefits at every intersection. Patrick Nwabueze Ubru the Commissioner for Agriculture and Agro-Allied Industries briefed editors about the vision of the Mbah administration, to establish farm settlements of a minimum of 200 hectares, in each local council area. Each settlement is to grow crops compatible with its soil texture and environment to minimise crop failure. Agro-processing will be vigorously encouraged to ensure that benefits accrue to food producers down the line. The state hopes to have 1000 tractors working across the state in its bid to achieve self-sufficiency and food security. One hundred tractors have been coupled, one of them tested by Ugochukwu. It is expected that a similar number would also have been assembled before the end of the outgoing year.

With video clips of the deployment of cameras across roads in Lagos State which trended recently, it would seem, from what editors were shown in Enugu, that both states are racing for the medal for positively leveraging technology for security management. The Command and Control Centre, (CCC), in Government House, Enugu, is a specifically developed facility from where the entire state is monitored. Visible and invisible cameras mounted around and about the state, transmit information, real-time, to the Command Centre. As at the time of our visit to the CCC, 137,000 vehicles had moved around the state or driven through, that very day. The cameras can zoom to the faces of security personnel manning various outposts and pin-down points, and have the capacity to pick their name tags for disciplinary purposes in the event of misconduct in their area of responsibility, (AOR).

Mbah’s precedence demonstrates in graphic, practical terms, that artificial intelligence can be successfully deployed in crime tracking and security management in Nigeria. Every state Governor sincere with the pursuit of the security of his people needs to visit Peter Mbah in Enugu. They need to experience what he has put in place, with the aim of replicating and operationalising same in their domains. The Mbah concept is powered by renewable energy and totally immune from the irascible instability of public electricity. Indeed, unabating insurgency culminating in the loss of the innocent lives of ordinary folks and soldiers, crimes like banditry and kidnapping, genocidal attacks on unsuspecting communities, can be pre-empted and mitigated with the aid of modern technology. It will unmask so-called “unknown gunmen,” outlaws and similar sadists who derive joy in the pain and grief of others.

Governor Peter Mbah treated the Guild to a beautiful gala night, after a day of trekking and climbing projects and sites being developed by his government. Very instructively, classy, top-of-the-range alcoholic beverages and wines were served, demystifying pretentiousness elsewhere. As one who has worked with and followed three Governors and at least one President over the years, one observed Mbah’s genuine resentment for needless exhibitionism. When he got up to address editors at the revelry, he needed no podium before him, no security aide behind him. He was just himself. He capped a beautiful Convention for the Guild by confirming that Enugu State will host the next conference of the body. He can be sure we will be back with our sneakers next time. We would be delighted to continue our project tours from where we took a break from today’s Enugu State, where Peter Mbah is noiselessly taking legendary strides.

Tunde Olusunle, PhD, Fellow of the Association of Nigerian Authors, (FANA), is an Adjunct Professor of Creative Writing at the University of Abuja

Atiku visits Kano over Aminu Dantata’s death, says Nigeria has lost an enigma

Former Vice President Atiku Abubakar has described the late  Aminu Dantata as a phenomenon and philanthropist whose loss would continue to be remembered among business communities and the Nigerian citizens.

Atiku, who made the remark when he visited Kano to condole with the Government and family of the late business magnate on Sunday,also said that Nigeria had lost an enigma.

The former vice president and his entourage first drove to the residence of the late Aminu Dantata located at Koki quarters in Kano Municipality and was received by top family members, where he condoled with the family and prayed for Allah’s forgiveness and eternal mercy on the late Dantata.

He stated that Dantata had left behind indelible legacies that would be difficult to fill.

Atiku, who is the Leader of the recently formed coalition of political parties and party bigwigs, also visited Governor Abba Kabir Yusuf to condole with him and the people of the state over the death of the business mogul.

He described the late Dantata as an outstanding philanthropist whose business accolades transcends geographical cricks in Nigeria, Africa and the world.

As a detribalized Nigerian Atiku added, Dantata had contributed immensely to the growth of the country.

“He has combined both the past and the present in terms of business acumen, philanthropy and generosity,” he said.

He urged the family to continue to take heart and bear the irreparable loss.

According to Atiku, Dantata’s goodwill and service to humanity cannot be forgotten.

Governor Yusuf and the family members thanked the former Vice President for identifying with them in this period of grief.

Alhaji Aminu Dantata died on Friday 29th of June, 2025, at the age of 94 in Abu Dhabi, United Arab Emirates(UAE).

He was laid to rest at the revered Baqiyya Cemetery in Madina, in the Kingdom of Saudi Arabia, after the funeral prayer held at the Prophet Muhammad(SWT) Mosque.

The burial drew heartfelt tributes, special prayers, and the presence of dignitaries from all over Nigeria.

Alleged N27bn fraud: How Taraba ex-Gov, Ishaku told me to run away from EFCC – Witness tells court

 

The trial of former Taraba State Governor, Darius Dickson Ishaku, took a dramatic turn on Wednesday as the first prosecution witness, Ismail Lawal, revealed that the ex-governor advised him to go into hiding for six months to avoid interrogation by the Economic and Financial Crimes Commission (EFCC).

Testifying before Justice S.C. Oriji of the Federal Capital Territory High Court in Maitama, Abuja, Lawal disclosed that Ishaku urged him to evade the anti-graft agency at a crucial point in their investigation.

Ishaku, who is the first defendant in the case, is standing trial alongside Bello Yero, a former Permanent Secretary of the Bureau for Local Government and Chieftaincy Affairs. The duo faces a 15-count charge brought against them by the EFCC, involving criminal breach of trust, conspiracy, and the alleged diversion of public funds totaling ₦27 billion.

Speaking under cross-examination by the first defendant’s counsel, P.H. Ogbole, SAN, the witness disclosed that as the EFCC was closing in on him in furtherance of its investigation of the first defendant, he was then advised by the first defendant to run away for six months adding that the Commission arrested him while he was he was planning to submit himself to it.

“I was invited to come to the EFCC and was planning to go before His Excellency asked me to stay out. When he asked me to go, I asked how long and he said six months, but people have gone ahead of me and have given statements against me that they gave me money, so if the EFCC asked me to come and I did not come at that time, meaning they may be suspecting that I took the money,” he said.

He further stated that he was detained by the EFCC for 40 days because he couldn’t meet up with the conditions of the administrative bail. “I was in EFCC detention for 40 days because I couldn’t meet the bail conditions. I was given bail conditions on the second or third day. I also made statements before I was asked to bring sureties”, he said.

The witness also stated that he was in no position to ascertain if the assignments he undertook for the first defendant were legitimate or not, adding that he wouldn’t have carried them out if he knew they were illegitimate.

“I have no knowledge of what was going on in the offices or the communication between His Excellency and the people. My own was to go where I was told to collect money, based on instructions. So I wouldn’t know what the money was meant for. My own was to follow instructions. I wouldn’t have done them if I knew they were illegitimate assignments,” he said.

Testifying further, he said, “The assignment I have been given, I carry out. I wouldn’t know the communication or relationship between the governor and the people whom I was taking the money from. I was only under the assignment which I did. And as a governor, I didn’t believe he was sending me to carry out illegitimate assignments at that time. Mine is just to follow instructions to collect money, pay into accounts and bring the rest to him.”

He further informed the court that the EFCC did not promise or assure him that it will use him as a prosecution witness against the first defendant. “I was not informed that I would be a prosecution witness, until I read it in the dailies, then the EFCC informed me that I will be a witness. I was just asked questions which I answered. Documents were shown to me, I was asked questions based on those documents.

Justice Oriji adjourned the matter till September 30 and October 15 and 20 and November 6, 2025 for continuation of cross-examination and continuation of trial.

Imperative of the battle against impunity

 

By Ayo Baje

 

Quote

“When a leader encourages the culture of impunity, the society is lost and it makes the work harder for the rest of us”
-Prof. Wole Soyinka

One of the bitter facts about striking the delicate balance between criminality and justice is
that if the perpetrators of sundry crimes are either treated with kid gloves, or left
to walk our streets as free men, some others would view such as the best way to go. Unfortunately, from the persisting challenge of insecurity through the reckless squandering of public funds by some favoured political helmsmen to budget padding, crass impunity has remained the middle name of our democratic dispensation, sad to note.

For instance, recently
Human rights lawyer, Femi Falana (SAN), criticized both the Federal and Benue State Governments for consistently failing to prosecute suspects arrested in connection with violent attacks that have resulted in the killing spree in Benue State. In the statement issued under the platform of the Alliance on Surviving COVID-19 and Beyond (ASCAB), of which he is the Chairman Falana lamented that although hundreds of suspects have been arrested over the years for crimes ranging from illegal possession of firearms to mass killings and kidnapping, most of them are never charged.

To him President Bola Tinubu’s recent directive to the Nigeria Police Force to arrest and prosecute all those involved in the latest wave of violence in the state is potentially symbolic.He pointed out that previous arrests had not led to convictions or justice for victims. Falana also berated the Chief of Defence Staff, General Christopher Musa, for alleging that residents of Yelwata community provided shelter for the killers. He described the statement as an attempt to shift blame onto victims instead of addressing the systemic failures of security and governance.

Such a sordid situation triggers the burning questions. Is the life of the voiceless victims not important to humanity in general and the country in particular? Are the perpetrators of the scary insecurity ravaging the country that has sent hundreds of thousands of innocent souls to their early graves more valued than that of the defenceless citizens? What is so difficult in identifying the sponsors, who arm them to kill fellow citizens and bring them to justice?

It is a similar situation when it comes to profligacy with regards to the way and manner some politicians squander public funds. Only recently there was disagreement between the National Assembly and the BudgIT over the issue of budget padding to the stupendous amount of N6.93 trillion in the 2025 federal government’s budget. Yet, some Nigerian contractors have remained unpaid for about a year! And there are allegations about some of them awarded contracts without going through the fiscal policy relating to the budget. That runs against Section 5 (b) of the Public Procurement Act. That is impunity, is it not? Yes, it is. But the pain in all of these is that the culture of impunity in places high and low has been with us for eons.

As yours truly highlighted through an opinion essay back in April 2017 all the hue and cry that trailed the probe into the $10billion(or is it $16 billion) sleaze in the power sector years back has long suffered from what physicists call the Doppler Effect, or died a Nigerian “natural death”.And as one warned back then that ” was not the first time and it may not likely be the last unless government musters the much needed political will to bring the perpetrators to
book.”.But is the situation any better today? The answer is patently obvious.

These days we read about the humungous amounts, even in dollars found stashed in the private vaults of some former public office holders. From local government council chairmen to senators and governors, it is a recurring ugly decimal of national shame. But some hungry and disenfranchised poor citizens caught for stealing fowls and goats are either sent behind bars or hounded to hell!

It speaks volume about how those in government interpret words such as accountability, probity and transparency. It demeans us all as a people that those vested with the sacred trust of holding the destiny of men and materials of a country as vast as Nigeria are allowed to go Scot-free after committing various heinous crimes against the state. No one talks about the $12 billion Gulf War windfall again because some people are above the law. Not a few former state governors were once paraded by the EFCC as suspected to have siphoned state funds for self-aggrandizement.But years later some of them have the audacity to want to go back to their former offices, or find their ways to the hallowed Red chamber to make laws for you and yours truly. All these happen because of the insidious culture of impunity

As it was between 2015-2023, one is not surprised, therefore, that some corrupt politicians who defected from the PDP to the ruling APC are surreptitiously enjoying some ignoble immunity. It has happened before. All of these make a mockery of our judiciary process. Many of the proceedings are centuries away from the Information Technology and Communication(ICT) age as obsolete type – writers are still used for recording purpose. Series of laughable injunctions take over the well scripted drama of the absurd, characterized by the shameless display of former politicians suspected of grievous financial crimes, raising their hands in bravado as their paid praise worshippers fan their battered and bruised ego.

It is little of a surprise therefore, that virtually all notable institutions of government; from ministries to departments and agencies have in the past years of our democratic experience been probed for one fraud or the other. But after years of turning their searchlight to unveil the rattling skeletons in their cupboards, nothing meaningful comes out of it.
To several of those accused of such financial misdemeanor Nigeria is one big, slumbering elephant to be milked dry. And the easiest way to have a piece of the national cake is to get elected or appointed into any plum political post. But for how long can we go on this way? Not much longer, I dare say.

Corruption, which is a debasement of set moral values and a violation of standard professional ethics is like a two – edged sword that cuts both the victim and the misguided beneficiary. When those who have short changed the system are not brought to speedy justice it emboldens others with similar criminal inclinations to commit worse crimes.

It is responsible, as in the Nigerian politico-economic situation for the countless pot hole – riddled roads, the epileptic power supply, pervasive preventable diseases and mass youth employment that have turned into daylight monsters haunting us all.

As one admonished the then President Muhammadu Buhari-led administration in 2017 so I do now to the President Bola Tinubu-led government. To shame all critics he must muster the political will, backed with the enabling laws by the National Assembly to transform both the EFCC and the ICPC into well toothed bulldogs that bark and bite. And no one, no matter his political persuasion, must be above the rule of law. As Isabel Allende aptly stated: ” Nothing is as dangerous as power with impunity”.

“Atiku, David Mark, Secondus, Others Abandon PDP, Back New Coalition to Challenge Tinubu”

  Key leaders in the Peoples Democratic Party, PDP, including former Vice President Atiku Abubakar, former Jigawa State Governor Sule Lamido, ex-Senate President David Mark, and other party bigwigs, are reportedly on their way out of the party. This was disclosed in a communiqué issued shortly after a meeting of Concerned Leaders of the PDP held in Abuja on Tuesday. The top opposition figures had held a closed-door meeting to deliberate on the lingering crisis affecting the main opposition party and the way forward. Former Governors Aminu Tambuwal (Sokoto), Babangida Aliyu (Niger), Liyel Imoke (Cross River), and Sam Egwu (Ebonyi), along with other senior figures, were also present at the meeting. The concerned leaders lamented that the All Progressives Congress, APC, government, which “came into being on the false and evil propaganda, to save Nigeria from PDP is now a disaster to our nation and therefore must be voted out of power.” According to them, “all indices of development that support the comfort and quality of lives of the citizens have collapsed, and life is now hell in Nigeria.” The opposition leaders expressed regret that PDP, “which is organic with the discipline, capacity, and history to lead and save Nigeria, is now a shadow of its old self,” stressing that “the heatwave unleashed by the APC Federal Government through threats, blackmail and patronage has forced elected officers in government to abandon the PDP.” They called on all well-meaning PDP “members and other patriotic Nigerians to join the coalition.”

BREAKING : Mark, Aregbesola Named Interim Chairman, Secretary of ADC

 

A former Senate President, Senator David Mark, and ex-Osun State Governor, Rauf Aregbesola, have been appointed as the interim Chairman and Secretary, respectively, of the African Democratic Congress, the coalition platform being positioned against President Bola Tinubu ahead of the 2027 elections.

According to multiple reliable sources who were present at the just-concluded meeting on Tuesday night in Abuja but requested anonymity as they were not authorized to speak, leaders of the opposition coalition unanimously agreed on Mark and Aregbesola for the roles.

The sources further disclosed that a former Sports Minister, Bolaji Abdullahi, has been appointed as the interim National Publicity Secretary.

The sources further disclosed that the ADC and its newly constituted leadership will be formally unveiled in Abuja tomorrow.

President Tinubu’s administration has seen a mix of achievements and setbacks across several sectors.

Despite this, opposition leaders from multiple parties have consistently criticized the All Progressives Congress-led government, branding it a failure.

Interestingly, the major opposition parties including the PDP, Labour Party, New Nigeria Peoples Party, and Social Democratic Party have also been grappling with internal crises.

In a bid to present a formidable front ahead of the 2027 elections, ex-Vice President Atiku Abubakar, Labour Party’s Peter Obi, a former Rivers State Governor, Rotimi Ameachi, a former Kaduna State Governor, Nasir El-Rufai, and other political figures came together to launch a new coalition during a meeting in Abuja on March 20.

The move ignited a nationwide conversation about the potential impact of a united opposition, with mixed reactions from political analysts and the general public.

After months of speculation over which platform the coalition would adopt, The PUNCH exclusively reported on May 19 that the group had settled on the ADC as its political vehicle.

Subsequent reports by Sunday PUNCH confirmed that Senator Mark has been selected as the coalition’s interim chairman under the ADC platform, with a formal unveiling slated for Wednesday.

One of the sources said Aregbesola who earlier rejected the offer changed his mind and accepted it after he was prevailed upon by the stakeholders.

He stated, “We just concluded a meeting tonight. Mark and Aregbesola have been appointed as the ADC Interim National Chairman and National Secretary.

“This will be officially unveiled tomorrow (Wednesday), so we are on track.”

Another source added, “Atiku and other coalition leaders met tonight and resolved to adopt the ADC as their platform after months of consultations.

“For now, the ADC National Chairman, Ralph Nwosu, has stepped aside to allow Mark and Aregbesola take over as interim Chairman and Secretary.

“You know Aregbesola rejected it some time ago, but he was prevailed upon by stakeholders, so he has accepted to serve in that capacity. All of this, and more, will be made public tomorrow. Former Minister of Sport, Bolaji will serve as National Publicity Secretary.”

Confirming the development, Kola Ologbondiyan, a former aide to the ex-Senate President and former PDP National Publicity Secretary, announced in a tweet via his verified X account that the ADC has been adopted.

He stated, “African Democratic Congress (ADC) has been adopted as the political party for the coalition. The party has elected Sen. David Mark as the Interim National chairman and Ogbeni Raud Aregbesola as the interim National Secraetary.”

Trump threatens to deport Elon Musk to South Africa

 

U.S. President Donald Trump on Tuesday hinted at the possibility of deporting billionaire tech mogul Elon Musk following the latter’s vocal criticism of his administration’s flagship spending bill.

Trump made the comments during an impromptu press briefing at the White House, stating that “nothing is off the table” in response to Musk’s recent remarks. The South African-born entrepreneur, who became a U.S. citizen in 2002, had publicly slammed the bill, calling it “reckless” and “a disaster for innovation.”

The president also took a swipe at Musk’s former role as head of the now-defunct Department of Government Efficiency (DOGE), saying that the department may begin a review of the substantial government subsidies received by Musk’s companies, including Tesla and SpaceX.

“I don’t know. We’ll have to take a look,” Trump told reporters at the White House when asked if he would consider deporting Musk.

“We might have to put DOGE on Elon. You know what DOGE is? DOGE is the monster that might have to go back and eat Elon.”

Trump doubled down on the threat when he said he believed Musk was attacking his so-called “One Big Beautiful Bill” because he was annoyed that it had dropped measures to support electric vehicles (EV).

“He’s losing his EV mandate. He’s very upset about things, but you know, he could lose a lot more than that, I can tell you right now. Elon can lose a lot more than that.”

Trump made similar comments on his Truth Social network late Monday, saying that “without subsidies, Elon would probably have to close up shop and head back home to South Africa.”

Musk, the world’s richest person, was Trump’s biggest donor in the 2024 election and initially maintained a near constant presence at the newly elected president’s side.

They had an acrimonious public falling out this month over the bill and the tycoon has reprised his criticisms in recent days, accusing Republicans of abandoning efforts to place the United States at the front of the EV and clean energy revolution.

Musk has also renewed his calls for the formation of a new political party called the “America Party” if the bill passed.

 

(AFP)