Politics
PDP Attacks APC Over Alleged N25trn Missing Fund, Demands Probe
The Peoples Democratic Party (PDP) has expressed shock over the alleged disappearance of a fresh N10.1trillion from the national treasury.
A statement by the party’s spokesperson, Kola Ologbondiyan, yesterday, said it was clear that corruption was on the increase under the Muhammadu Buhari’s Presidency
Part of the statement reads, “Our nation has again been jolted by reports in the public space that a whooping N9.6trillion ($20billion) and another N500billion belonging to the Treasury Single Account (TSA), have been reportedly missing and allegedly diverted to APC interests.
“This fresh N10.1trillion scandal is beside the earlier N15trillion, reportedly stolen by APC leaders from various government agencies, including the stealing of N9.3trillion as detailed in the leaked NNPC memo, bringing the sum looted in these cases to N25.1trillion.
“It, indeed, speaks volumes that while the Buhari Presidency is claiming that it has no funds to finance the 2021 budget of N13.08trillion, a humongous N10.1trillion belonging to the nation is said to have disappeared into the thin air.
“The PDP expresses concerns over the level of rapacious looting by the APC leaders and the cabal in the Buhari Presidency, stressing that, it is clear that our nation has been seized by ferocious economic brigands in very high places.”
The party demanded investigation into the missing fund.
“The PDP invites Nigerians to unite in demanding for the recovery of the N25trillion, which our party insists should be directed to critical sectors of youth development, job creation, infrastructural development and security,” the statement added.
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
DEFECTION: DON’T HIDE UNDER OLD SENTIMENTS TO FIGHT DIRI – AIDE
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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