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PDP Advises Fayose Against 2019 Presidency …Why He Can’t Run -Nwodo
The National Publicity Secretary of the Peoples Democratic Party, PDP, Prince Dayo Adeyeye has advised the Governor of Ekiti State, Ayodele Fayose to jettison his presidential ambition under the party, maintaining that PDP has zoned the presidential ticket to the North.
Adeyeye gave the advice after Governor Fayose made public his ambition to contest the coming 2019 presidential election.
Recall that Governor Fayose had while declaring his ambition to become the next President of Nigeria said that he was going straight to the Presidential villa. He had equally said that he would unseat President Muhammadu Buhari through the ballots.
Fayose has equally sent out letters to some leaders of the party, intimating them of his decision to contest the 2019 presidential election.
A copy of the letter signed by Governor Fayose and obtained by newsmen read thus: “My dear leader, it is with deep sense of responsibility that I write to inform you of my intention to seek the ticket/mandate of our party to contest the 2019 presidential election, considering your support and commitment towards our great party, the Peoples Democratic Party, it becomes imperative to keep you informed and seek your support.
“This ambition is however without prejudice to our party’s position, but in the overall interest of the party and our country.
“I urge that all hands should be on deck to ensure victory in our quest to return to the Presidential Villa, Abuja in 2019.”
However, the National Publicity Secretary, PDP, Prince Adeyeye said Fayose is wasting his time.
He said the party cannot allow a non-Northerner fly its presidential ticket because it has zoned it to the North.
He said what Governor Fayose is eligible to contest for is the office of the National Chairman which he said the party zoned to the South.
He said, being a prominent member of PDP and equally being present at the meeting when the zoning was made, Governor Fayose ought not to seek to disrespect the decision of the party.
According to him, “The highest organ of the party, which is the national convention, zoned the presidential ticket of the PDP to the North. That has not changed. The same national convention zoned the position of the national chairman to the South. The convention has yet to change any of these two.
“That (national convention) is the supreme organ of the party. Those decisions are binding on all members of the party. Nobody can alter these decisions.
“The governor is a member of the party and was at the convention where these decisions were taken. As a leader of the party, one expected the governor to respect the party and its decisions.
“If someone in such an office is breaking the decisions of the party, what do you expect from the rank and file?”
Also speaking, Dr Okwesilieze Nwodo, a Board of Trustees (BoT) member of Peoples Democratic Party (PDP), said Ekiti State Governor, Ayodele Fayose, cannot contest in the partys primary poll for 2019 presidential election.
He stated this yesterday in Abuja shortly after Fayose’s formal declaration of his intention to contest for the position of president of Nigeria in 2019 on PDP’s platform.
Nwodo told newsmen that PDP’s ideology forbade Fayose and other members from the South from contesting in the presidential race in 2019.
He said that the ideology would be followed to the letter in spite Fayose’s declaration.
“Fayose cannot run and I will tell you my reason.
“When we formed PDP, the first battle we fought and won as a party was to zone the Presidency to the South.
“Those of us from the South made a case because in the first Republic, Prime Minister was from the North; in the Second Republic, the President was from the North, and in the Third Republic, a Southerner won and the election was annulled.
“There was no way we could go back to the South and say let’s elect a northerner again without giving the South a slot.
“A decision was taken that the Presidency should come from the South and the Chairman of the party to come from the North.
“That was how Solomon Lar became the Chairman of PDP and Secretary was zoned to the south; that was how I became the first secretary of the party,’’ he said.
Nwodo, a former National Chairman of PDP said that the party would take a decision to ensure that its Constitution and ordinances were respected.
He explained that those who tried it in the past failed to achieve their aim.
“For example, late Abubakar Rimi, former Governor of Kano State paid for a form and wanted to run.
“Then, I was the National Secretary, I returned his cheque and informed him that the party had taken a decision that the presidential candidate could only come from Southern Nigeria.
“When we went to the Convention in Jos, he went to the venue and started to campaign without having a form because we didn’t give him.
“We had to get some party leaders around to go and counsel him; we didn’t want security agencies to manhandle or embarrass him and good counsel prevailed and he stepped down.
“That was what PDP did and now we did not only zone the Presidency to the North, we have re-emphasised at every opportunity we had that the zoning will take place.
“So, the party will not collect expression of interest money from anybody else who is not from the North and will not issue him a nomination form to contest; no, we will not do that,’’ he added.
But, Fayose had in a letter to PDP leaders insisted that his ambition to be President was without prejudice to the party’s position, adding that it was in the interest of the party and Nigeria.
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.