Politics
PDP To Invest In Oil, Telecom Business
In a bid to generate more revenue ,the ruling People’s Democratic Party (PDP) is planning to invest in oil and telecommunication businesses.
This was part of the revenue generation and investments strategies of the party, which was prepared by its National Financial Secretary, Mr. Bolaji Anani.
Anani, in a memo entitled, “Revenue generations and investments” to the National Chairman of the party, Dr Bamanga Tukur, said it would be easy for the party to get the needed concession and operator’s licence of an oil and telecommunication firms.
Anani wrote under the sub-head “Major Sectors,” in the memo and said, “With a high degree of anonymity, we can earn reasonable short and long term returns if the venture is properly structured.
“We should be able to get (the) needed concession and operator’s licence with some measure of ease.”
It was not clear those that the party were targeting as fronts in this regard.
The Tide gathered that, the party was already talking to some known oil markers, especially those known to be its financiers.
Other areas where the party hopes to generate funds include real estate and the establishment of print and electronic media companies.
Anani further wrote, “The establishment of PDP Holding Company Ltd is to hold and negotiate the interests of the party in all investments and business arrangements.”
On loans, the party said it planned to “raise short, medium and long term loans from financial institutions to fund the party’s investments and programmes with minimum risk.”
Meanwhile, the party is expecting the sum of N140.97m as annual contributions of the Senate President, Senator David Mark; Speaker of the House of Representatives, Alhaji Aminu Tambuwal and other members of the National Assembly.
Each of the 71 senators produced by the party is expected to pay the sum of N45million which represents five per cent deduction from their basic salaries. Mark and Tambuwal are expected to pay more because they earn more.
Politics
Rivers Assembly Resumes Sitting After Six-Month Suspension

The Rivers State House of Assembly yesterday resumed plenary session after a six-month state of emergency imposed on the state by President Bola Tinubu elapsed on Wednesday midnight.
President Bola Tinubu had lifted the emergency rule on September 17, with the Governor of the state, Siminalayi Fubara, his deputy, Ngozi Odu, and members of the state assembly asked to resume duties on September 18.
The plenary was presided over by the Speaker of the House, Martins Amaewhule, at the conference hall located within the legislative quarters in Port Harcourt, the state capital.
The conference hall has served as the lawmakers’ temporary chamber since their official chamber at the assembly complex on Moscow Road was torched and later pulled down by the state government.
The outgone sole administrator of the state, Ibok-Ete Ibas, could not complete the reconstruction of the assembly complex as promised.
Recall that on March 18, President Bola Tinubu declared a state of emergency in Rivers following the prolonged political standoff between Fubara and members of the House of Assembly loyal to the Minister of the Federal Capital Territory, Nyesom Wike.
He subsequently suspended the governor, his deputy, Ngozi Odu, and lawmakers for six months and installed a sole administrator, Vice Admiral Ibok-Ete Ibas (rtd.), to manage the state’s affairs.
The decision sparked widespread controversy, with critics accusing the president of breaching the Constitution.
However, others hailed the move as a necessary and pragmatic step.
Politics
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Politics
Alleged Smear Campaign Against Yakubu, CSOs Demand Apology From Uzodimma

During a press conference held in Owerri, the coalition called the campaign a “dangerous and shameful display” designed to distract the public from the governor’s performance in office.
The CSOs directly linked the Greater Imo Initiative (GII) —the group that made the allegations on September 4, 2025—to Governor Uzodimma, describing the group as his “mouthpiece and attack dog.”
“Every word spoken against INEC was spoken on his behalf.
“By falsely alleging that Professor Yakubu has an alliance with Dr. Amadi to compromise the 2027 elections, Uzodimma has not only maligned a man of proven integrity but also assaulted the very foundation of our democracy”, said Dr Agbo Frederick, speaking for the coalition.
The coalition described Professor Yakubu as a “beacon of electoral professionalism” and called the attempt to soil his reputation “defamatory and a national security risk.”
They also defended Dr. Amadi, a “respected development scholar,” stating that the governor’s accusations were “laughable, desperate, and dangerous.”
The CSOs see the motive behind the campaign as an attempt to “silence the dissent, intimidate the opposition, and divert attention from the governor’s abysmal record in office.”
The coalition issued four key demands to Governor Uzodimma: An immediate retraction of the false and defamatory allegations against Professor Mahmood Yakubu and Dr. Chima Amadi.
- A public apology to both men within seven days, to be published in at least three national newspapers and broadcast on major television networks.
- An end to diversionary tactics and proxy propaganda.
- A renewed focus on governance, including addressing insecurity, unemployment, and poverty in Imo State.
The CSOs warned that failure to comply would force them to “review our position with a view to seeking legal redress from Governor Uzodimma for defamation, false accusation, and reckless endangerment of lives.”
“Governor Uzodimma must be reminded that he did not find himself in the seat of power to chase shadows.
“We call on all Nigerians to reject Uzodimma’s diversionary antics as they are nothing short of desperate plots by a government terrified of accountability”, the statement concluded.
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