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Supreme Court Verdict’ll Resolve PDP Crisis – Chieftain

National Vice-Chairman (South-South) of Peoples Democratic Party (PDP), Mr Emmanuel Ogidi, said impending Supreme Court verdict rather than political solution would resolve the party’s leadership crisis.
Ogidi told newsmen that the expected ruling would help to lay to rest, many issues that could re-emerge and trouble the party in future.
“To tell you the truth, there will be no political solution to the problem, because there are so many grey areas. “If we didn’t take this to the Supreme Court, too many things would have come back to haunt the party, so it was wise we went to the court.
“The political solution is just a family thing. Sometimes people think it can be easy, but in this case, there is no way. “That is why each time they keep saying let’s go for political solution, some of us know that it is going to be difficult and short-lived and therefore, look forward to the court verdict,” Ogidi said.
He said that though the court of Appeal Court already gave a judgment, true PDP members and leaders believed that Supreme Court, as the conscience of the ordinary man would right the wrong. PDP “It is the Supreme Court judgment that we are waiting for.
I believe it will do the right thing. “One man cannot call a convention and cancel it; no one is given such kind of power. Even the President does not have such power.”
The party chieftain said that the stay-of-execution filed by the party against the Court of Appeal judgment was still on course, and accused the National Chairman of the party, Ali Modu Sheriff of not implementing judgment.
According to him, the court ruled that the party should revert to status quo ante as it was before May 21 convention in Port Harcourt, but Sheriff is appointing people into the National Working Committee (NWC).
“He appointed deputy chairman and publicity secretary in disregard to the ruling and contrary to the party’s Constitution.
“He has no such powers and all the people he has appointed are aliens to us.” He also accused Sheriff of going about, changing elected executive committees of the party in the states “even when he has no NWC to make decisions for the party”.
Ogidi called on party members who know the truth to speak up, saying that the party was ready for Sheriff and his sponsors. “PDP is us; we have a lot at stake in PDP. We cannot allow one man to destroy it.”
On Sheriff’s decision to hold on to Gov. Seriake Dickson of Bayelsa’s Reconciliation Committee’s report, Ogidi said that the report of was still open to suggestions and modification. “Dickson was advised to talk to all stakeholders and the committee is going round.
They have even said that they were going to make some adjustments to the recommendations. “It is a recommendation that has to be `sold’ to all organs of the party.
So, Sheriff cannot say that is the final,” Ogidi said. He dismissed Sheriff’s advertisement for vacancies at the party’s National Secretariat, saying that he had no power to sack the workers there and replace them.
He said that Sheriff could not compel the staff to work with him because they workers did not know his strange members of NWC.
Ogidi maintained that PDP members in the South-South remained committed to the decisions of the May, 2016 Port Harcourt and loyal to the National Caretaker Committee constituted by the convention.
He advised all members and supporters to remain calm as genuine leaders of the party were pursuing the course of justice to its logical conclusion.
National Vice-Chairman (South-South) of People Democratic Party (PDP), Mr Emmanuel Ogidi, said outcome of Thursday’s stakeholders’ meeting revealed that National Chairman, Sen. Ali Modu Sheriff, lacked capacity to lead the party.
Ogidi stated this in an interview with newsmen yesterday in Abuja.
He said that walking out on former President Goodluck Jonathan, governors, Board of Trustees (BoT) members and other prominent party leaders at the Abuja meeting “revealed the character of Sheriff and spoke a lot about him”.
According to him, Sheriff’s conduct on that occasion was not just disrespect for Jonathan but a proof that he cannot be trusted.
Sheriff had told newsmen that he walked out of the meeting convened by Jonathan to find solution to the party’s leadership crisis because he was not allowed to address the session in his capacity as national chairman.
Ogidi said that Sheriff had obviously showed that he was not competent to lead the PDP “and even to be chairman or head of a village meeting”. He said exhibiting such action in the presence of Jonathan who granted him a waiver into the party was condemnable.
“Sheriff showed that he is not a PDP member or a party man. Sheriff did not know what PDP went through for 16 years. “Who is Sheriff and when did he join PDP? It was the same Jonathan that he disrespected that day, who gave him a waiver to join.
“He is not a member of the party; he does not understand how the party works. “The former president convened a meeting, and by his status and capacity, everybody responded.
“Former Senate Presidents, David Mark and Adophous Wabara and others, including former national chairmen, were all there. Who-is-who in PDP were there as well as the founding fathers of the party.
“If Sheriff was an intelligent man, he shouldn’t have done what he did. Even the small supporters he had, he disappointed them; some of them felt so bad. “If he was a party man he wouldn’t have done that.
“Let us take for granted that we in PDP offended him, is that how to treat the party? “I haven’t seen where a man is bigger than the party. Your community can offend you but you cannot do anything to your community,” Ogidi said.
He recalled that PDP had in the past had issues with its national chairmen at different times, even at conventions, and they were resolved amicably. “Even when Chief Audu Ogbe, a former chairman of the party, had issues with former President Olusegun Obasanjo, he didn’t behave like this.”
Ogidi said that Sheriff was acting national chairman, whose substantive position was being recommended by the National Executive Council for endorsement at the May, 2016 national convention.
“He was never a chairman,” he said. He, however, urged members of the party to rise now and speak up, saying “this is the time to speak”.
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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”
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FG Laments Low Patronage Of Made-In-Nigeria Products

A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.
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Nigeria Seeks Return To JP Morgan Bond Index
The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.