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N1.14trn Subsidy Payment Fraudulent -PDP …As Ezeife, Yakasai, Others Tell Buhari To Drop 2nd Term Bid

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The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of corruption over the fuel subsidy regime of his government, throwing its weight behind state governors’ query of the subsidy regime.
The main opposition party has therefore challenged the President to submit himself for an independent inquest into his handling of the subsidy regime as well as the alleged complicity of his Presidency in other exposed financial impropriety by cronies of his government, particularly in
revenue collecting agencies.
According to a statement issued Kola Ologbondiyan, the party’s National Publicity Secretary in Abuja yesterday, such inquest, which it noted, was already backed by state governors across board, “will not only expose humongous corruption but also show the world that our African Union (AU) Anti-Corruption champion had not been totally spotless.”
The party invited Nigerians to note that the demand by governors to probe all subsidy deals since 2015 was a direct indictment on President Buhari as the Minister of Petroleum, particularly, following allegations that the stolen funds were being warehoused to fund his 2019 re-election bid and the opulent lifestyle in the Presidential Villa.
The party noted that if President Buhari allowed the inquest, “it will reveal how our president, who had queried the genuineness of the oil
subsidy payments by PDP administration and described the process as a fraud, had secretly engaged in underhand oil subsidy deals.”
The party asserted: “Nigerians will also understand how the cost of fuel geometrically rose from the PDP subsidized the cost of N87 to N145, representing a criminal N58 tax, per liter of fuel.
“Nigerians recall that it took over two years of secret oil subsidy deals under President Buhari before it was exposed last December. Since then, the Presidency and the NNPC have been seeking ways to cover the fraud which include claims that local consumption suddenly jumped from 28 million liters per day to 60 liters per day.
“PDP considers this as a fabrication to retire the billions being stolen as subsidy, even when statistics by the National Bureau of Statistics and the reality of the retarded purchasing power of citizens, under the prevailing economic recession, do not validate such claims.
“Nigerian, therefore, deserve to know who authorised the payments and the identity of the beneficiary companies, if any.
“The PDP is happy that state governors across the board and the National Assembly are on the same page with our party in condemning the humongous fraud going on under President Buhari’s fuel subsidy.”
The PDP, therefore, demanded that the inquest should cover the alleged the N15 billion stolen from the NHIS, the N18 billion stolen from the PINE initiative, the alleged leaked memo of N9 trillion corrupt oil contracts at the NNPC, the reported diversion of N1.1trillion worth of crude last year and why indicted Presidential cronies and fronts have not been prosecuted.
Meanwhile, the National Working Committee of the Peoples Democratic Party (PDP), has raised alarm over what it described as deliberate attempts by the All Progressives Congress-led Federal Government to completely clampdown on opposition elements across the country.
Rising from its meeting, last Saturday, in Abuja, where members discussed issues on the state of the nation, particularly the clampdown on opposition and dissenting voices, the PDP stated that it was taking the pains to alerts Nigerians because of the dare consequences such government policy could have on the nation’s democracy, peace and economic development of the country.
A statement issued by the party in Abuja, said, “The PDP alerts all Nigerians that the All Progressives Congress (APC) and its Federal Government have commenced a vicious and direct clampdown of major opposition leaders, perceived political opponents and individuals with interests and views that are divergent to those of their Presidential aspirant, perhaps, candidate, President Muhammadu Buhari, ahead of the 2019 general elections.
“The clampdown is tailored to silence opposition as well as those who refused to join or support the APC in their unlawful design to emasculate other political parties, undermine our laws and electoral system, foist a one-party state and perpetuate their incompetent, dysfunctional and anti-people rule on our nation.
“It is instructive to inform that our leaders, particularly, our National Chairman, Prince Uche Secondus, have been receiving threats since the PDP filed a petition to the United Nations and the Commonwealth of Nations, detailing documented threats to democracy by the APC and its Federal Government, abuse of human rights, mass killings, extra-judicial executions, persecution of opposition and unabated constitutional violations.
“The PDP is aware of clandestine plots against key opposition leaders, particularly, members of the PDP National Working Committee, some dissenting members of the APC, members of the civil society, opinion leaders, journalists and bloggers, who refuse to succumb to intimidation and that such persons have already been listed and currently being trailed by agents of the state.
“This has become manifest in the plot to rope members of ‘nPDP’, especially those in the National Assembly, into gun-running and murder charges just because they came out to voice their opposition to the APC government’s constitutional violations and executive brigandage in the running of our nation’s affairs.
“The PDP wants Nigerians and the international community to know those to hold responsible should PDP leaders, as well as other members of the opposition start falling victims of untoward situations like assassinations, unexplained accidents, inexplicable ‘armed robbery’ attacks, high profile abduction and sudden disappearances.
“These include wanton arrest, manhandling and detention of opposition leaders on trumped-up charges, as well as illegal invasion of their homes and businesses by agents of the state.
“Apart from allegations of corruption, there are also plots to clamp down and detain opposition leaders for charges bordering on treason and the PDP is also aware that some compromised judicial officers have been enlisted to give convictions and jail members of opposition as well as dissenting voices, on flimsy grounds.
“Moreover, we know that the APC is fixated with the PDP because of the renewed popularity of our party among Nigerians, as the inevitable vehicle to return power to the people, restore democracy, national cohesion and safeguard our territorial integrity, come 2019.
“The PDP’s response to all these plots is that we are not cowed. Nigeria belongs to all of us and our laws on political engagements are very clear. The PDP, as a party committed to democracy and freedom will continue to uphold the inalienable rights of our citizens to free speech, political association and to politically aspire to any position in the land, including the Presidency.
“Our party, therefore, urges all Nigerians to be alert, united and remain resolute in their decision to collectively defend our democracy and its tenets, constitutionally guaranteed personal freedom and the rule of law in our nation,” the PDP added.
Similarly, some elder statesmen in the country have urged President Muhammadu Buhari not to seek a second term in 2019.
The leaders from different parts of the country gave various reasons for advising Buhari not to seek re-election in separate interviews with newsmen, last Saturday.
A former governor of the old Anambra State, Chief Chukwuemeka Ezeife, said age was no longer on the side of the President, adding that the stress associated with his office was already having negative effects on his health.
Ezeife, who noted that he was opposed to Buhari’s election as President in 2015, prayed that God would change his (Buhari’s) heart to dump the second-term bid.
He said, “Let us pray so that God would stop Buhari from talking about a second-term and instead, begin a six-month emergency restructuring of Nigeria.
“It is not a matter of whether he is fit or qualified, age is important. He claims to be 75, he may be 82. Even at 75, he is too old to be in that office.
“The second consideration is his comprehensive failure in the first term. If you recorded a failure like that, why do you want to seek a second term?”
Also, the Chairman of the Northern Elders’ Council, Alhaji Tanko Yakasai, said he had never supported Buhari to become President of Nigeria.
Yakasai said, “Buhari and his party (All Progressives Congress) were not prepared to rule Nigeria in the first instance. Therefore, in my opinion, he should not have contested at all.”
Similarly, a former minister of health, Prof. A. B. C. Nwosu, noted that as a founding member of the Peoples Democratic Party, he would never have supported Buhari to be Nigeria’s President.
Nwosu, who is a member of the Ohanaeze Ndigbo, said, “It is his (Buhari’s) constitutional right to seek any office just like anybody else. We need to organise ourselves to provide an alternative with a clear set objective that will make life better for Nigerians.”
Meanwhile, self-acclaimed spiritualist and leader of Divine Intelligence Ministry, Prophet George Fakolade, last Saturday warned President Muhammadu Buhari, to stop further activities towards his re-election in 2019, saying the second term bid was ill-fated.
Fakolade, who spoke to newsmen in Abuja, said there would be fatal consequences, if President Buhari does not retract and rescind his public declaration to run for a second term in office.
He said: “There is a very serious warning for the All Progressives Congress (APC) and the incumbent President Muhammadu Buhari over his ill-fated ambition for a second term as president in 2019.
“President Buhari must retract, rescind, and withdraw his decision to seek a second term, and apologise to all Nigerians or else, history shall repeat itself on him with fatal consequences and many calamities”.
“He has been weighed on the balance and found wanting. All Nigerians should be on red alert as President Buhari’s public declaration to run again in 2019 at the APC National Executive Committee Meeting was an act of arrogance that will end in a fatal manner,” he warned.
The man of God had earlier predicted that there would be a 2015 change of government in Nigeria; a Dr Goodluck Jonathan takeover of government from late President Musa Yar’Adua; a Presidential election victory for Barack Obama in 2008; and the demise of late military Head of State, Gen Sani Abacha, in 1998.

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Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers  …Charges Appointees To Embrace Principles Of Service 

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The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.

 

He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.

 

 

 

This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.

 

 

 

Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.

 

 

 

The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.

 

 

 

Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.

 

 

 

“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.

 

 

 

“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.

 

 

 

The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.

 

 

 

“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.

 

 

 

He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.

 

 

 

Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.

 

 

 

“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.

 

 

 

In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.

 

 

 

“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.

 

 

 

He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.

 

 

 

He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.

 

 

 

The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.

 

 

 

Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.

 

 

 

Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.

 

 

 

Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.

 

 

 

 

 

 

 

 

 

 

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Rivers PDP Debunks Sale Of LGA Election Forms

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The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.

 

Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.

 

He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.

 

“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.

 

“However, the party has firmly denied these rumours, stating that they are baseless and untrue.

 

“The party has its own established methods of reaching out to its numerous supporters.

 

“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.

 

“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.

 

Enoch Epelle

 

 

 

 

 

 

 

 

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South-South contributes N34trn to Nigeria’s economy in 2024 – Institute

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Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.

He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.

He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’

Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).

The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.

According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.

“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.

“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”

Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.

He,  however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.

On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.

Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.

“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.

“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.

He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.

Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.

Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.

Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.

He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.

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