Politics
Opposition Drums Support For N250bn Bond Bid
The Congress for Progressive Change (CPC) in Rivers, has thrown its support behind the N250 billion proposed bond by Governor Chibuike Amaechi, even as the party faulted the Action Congress of Nigeria (ACN) criticism not in the interest of the good people of the state.
The party observed that the bond will ne vehicle for infrastructural development in the state.
The state Chairman of CPC, Mr. Mike Nwieleghi, said the party does not have any problem with the bond proposal and urged the government to go ahead with the bond plan.
He noted that the primary function of government is to provide essential services delivery that will bring about development, thus justifying tax payers’ money and other revenue that accrue to it.
He reasoned that the idea of government is not to punish the people, rather to provide essential service delivery in most critical sector of the economy for the good governance of the state.
According to him, if the Rivers State House of Assembly approves the bond for the critical sector of the state economy it as well and good, as long as the money is judiciously managed.
The state CPC Chairman, however, said that the State Government can be called to account if the bond being obtained is not properly channeled to the purpose for which it was obtained from the capital market.
Nwieleghi said the bond is a welcome development saying, “the explanation so far from the government was for the good of Rivers people’” since, he said, the bond was to enable the government complete on-going projects, maintenance of educational institutions and health.
It will be recalled that the Action Congress of Nigeria (ACN) in Rivers State had observed that the bond and numerous loans would leave the state in perpetual penury, insisting that government was a continuous process, hence the fear if the present administration could not repay the N250 billion bond before the expiration of its tenure.
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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