Politics
Assets Forfeiture: Presidential Panel Seals Sen Nwaoboshi’s Properties
The Special Presidential Investigation Panel for Recovery of Public Property has sealed up suspicious assets and properties of Senator Peter Nwaoboshi.
According to Chief Okoi Obono-Obla, Head of the Panel the panel in a statement issued in Lagos last Sunday, the panel has written to four banks to block the embattled senator’s accounts.
The seized assets are located in Warri, Asaba in Delta, Abuja and Lagos States.
Obono-Obla said that the presidential panel carried out the action on the premise of the ruling of a Federal High Court sitting in Abuja.
The Court had ordered an interim forfeiture of properties belonging to Nwaoboshi, who represents Delta North Senatorial District.
Ruling in suit no FHC/ABJ/CS/1127/18 filed by the Special Presidential Investigation Panel for the Recovery of Public Property on behalf of the Federal Government, Justice Taiwo O. Taiwo, also placed a post-no-debit order on 22 bank accounts linked to Nwaoboshi.
The embattled lawmaker was recently referred to the Office of the Department of Public Prosecutions, Federal Ministry of Justice by the special presidential investigation panel for allegedly making false assets declaration in his Form CCB1 submitted to the Code of Conduct Bureau.
According to the ruling, 14 properties and 22 bank accounts linked to the senator are to be temporarily forfeited to the federal government.
Aside from sealing up the properties, the Panel also wrote to several banks including Zenith International Bank Plc, United Bank for Africa, Sterling Bank Plc and Access Bank Plc to block Nwaoboshi from operating multiple accounts maintained by him in these banks pursuant to the Order of the Interim forfeiture given by the Court.
“Some of the properties sealed by the presidential panel include Summing Electrical Company located at Asagba, along Asaba Airport Road, PON filling station along Asaba Airport Road and a Multibillion Naira Estate under construction at Maryam Babangida Road, all in Asaba, Delta State.
Politics
Cleric Tasks APC On Internal Stability, Warns Otti
He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
Politics
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Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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