Politics
Ikpeazu Harps On Fiscal Federalism
Governor Okezie Ikpeazu of Abia State has called for true fiscal federalism where States will have powers to manage resources in their domains, saying it is the only way forward for the country.
Ikpeazu made the call when he received in audience a delegation led by the Federal Commissioner, representing Abia State at the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Chris Akomas at Government Lodge, Aba.
He equally advocated in the case of natural resources that states should control those domiciled in their area and pay royalties to the federal government.
The governor recalled that the Eastern Region of Nigeria used to be the fastest growing economy in the world during the times of Dr. Michael Okpara; when there was true federalism with different regions controlling their resources.
He made it clear that every region was not equally endowed by nature and as such, they must be allowed to enjoy the advantages of those endowments since the regions also live with the disadvantages of such endowments, especially environmental degradation.
He stressed the need for funds reserved for Federal roads by the Federal Government to be sent to the states to fix such roads that cut across the states.
Ikpeazu maintained that states should be allowed and empowered to do Federal government roads in their domains.
The Governor observed that the call for states to make contributions to the ongoing review of the revenue sharing formula by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) was desirable, adding that the move for the review by the RMAFC was laudable and assured that Abia State would cooperate with the Commission and make her position known soon.
Dr. Akomas, who is the Chairman of the Committee on Disbursement of the Commission, had earlier told the governor that the team was in the state to sensitize the Abia State Government on the ongoing process of the review of the revenue sharing formula of the Federal Government.
He stated that the process of reviewing the revenue sharing formula is the constitutional responsibility of the Commission and said that response to the review was urgent while the next stage would be the Zonal Public hearings where states would make their positions known.
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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.
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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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