No one can alter election results in Gombe – Pantami

The governorship candidate of the Peoples Democratic Party (PDP) in Gombe State, Prof. Isa Ali Pantami, has warned that the party will not accept any form of election rigging or manipulation during the 2027 governorship election.
Pantami spoke on Wednesday while meeting PDP members and supporters in Nafada and other local government areas of the state.

Addressing supporters in Hausa, he urged the Gombe State Government and Governor Muhammadu Inuwa Yahaya to ensure a fair and transparent electoral process when campaigns begin.

He said, “No one has yet been born who can change our election results in Gombe State. Not this time around, the people will cast their votes, and it will count.”

Pantami said the PDP would focus on issues during its campaign rather than insults or confrontation.

According to him, “Gombe electorates are very wise now, they will not allow their votes to be wasted.”

He also encouraged residents not to be intimidated but to participate in the election and vote according to their choice.

The PDP candidate said the party is determined to defeat the ruling All Progressives Congress (APC) through the ballot and lawful democratic processes.

Pantami further accused the APC-led state government of failing to improve the lives of residents, alleging that government contracts are being awarded to only a small group of people.

He thanked supporters for backing his candidacy and urged them to maintain the momentum ahead of the 2027 general election.

Oyo govt honours fallen heroes of Oriire rescue operation, commiserates with families

Oyo State Government has paid tribute to civilians and security personnel who lost their lives during the operation that led to the rescue of abducted pupils and teachers in Oriire Local Government Area, describing them as heroes whose sacrifices would remain etched in the memory of the state.

In a memorial message shared on its official X account on Wednesday, the government celebrated the safe recovery of the victims while expressing sorrow over the loss of lives recorded during the rescue mission.

“While we express gratitude for the safe return of the children and teachers abducted from Oriire LGA, we also wish to honour those who lost their lives. We extend our deepest condolences to the bereaved families. We commit to supporting them during this trying period. May their souls rest in peace,” the state government stated.

As part of the tribute, the government released an “In Memoriam” list featuring the names of civilians and security operatives who died during the Ahoro-Esinle and Yawota abduction incident.

Those honoured include:

Civilians

Mr Michael Oyedokun

Deacon John Olaleye

Mr Joel Adesiyan

Mr Oluwasegun Akanni

Military and security personnel

Lieutenant F. A. Isaac

Mr Adigun Saibu

Mr Isa Saliu

Mr Rafiu Ayuba

One unidentified soldier

The pupils and their teachers were abducted on May 15, 2026, after armed men attacked three schools located in Ahoro-Esinle and Yawota communities in Oriire LGA.

They were eventually rescued after spending approximately 57 days in captivity following a joint operation involving security agencies.

The attack had earlier claimed the lives of two teachers; Mr Michael Oyedokun and Mr Esiyan Adegboye, during the abduction. While Adegboye’s remains were recovered and buried after the incident, Oyedokun’s body has not yet been found.

Oyedokun’s family has appealed to President Bola Tinubu, Oyo State Governor Seyi Makinde and relevant security authorities to intensify efforts to recover his remains so he can receive a proper burial.

The rescue mission itself also resulted in the deaths of some security personnel who participated in the operation to secure the release of the victims.

The Oyo State Government commended their bravery, reaffirming its commitment to standing with the families of those who lost their lives and ensuring that the sacrifices of the fallen heroes are not forgotten.

Kebbi Assembly begins one-month recess, suspends legislative activities

Kebbi State House of Assembly has suspended legislative activities for a one-month recess and is expected to resume plenary on August 11, 2026.

The decision was announced on Wednesday by the Speaker of the House, Rt. Hon. Salihu Maikasuwa Dangoje, during plenary at the Assembly Complex in Birnin Kebbi.

The recess followed the adoption of a motion moved by the Majority Leader, Hon. Faruku Aliyu Nassarawa Jega, seeking the suspension of sittings until August 11.

The motion was seconded by Hon. Faruku Abubakar Maisudan and received unanimous support from members.

Following the resolution, the Speaker formally adjourned the House and urged lawmakers to use the recess to engage with their constituents and identify challenges affecting their communities.

Dangoje encouraged members to maintain close contact with the people during the break and gather feedback that would support legislative activities when the Assembly reconvenes.

The one-month recess is part of the Assembly’s legislative calendar and is expected to provide lawmakers with an opportunity to attend constituency engagements before the commencement of a new legislative session.

The Kebbi State House of Assembly is scheduled to resume plenary on Tuesday, August 11, 2026.

PIA permits Dangote’s dollar fuel sales – Regulator

Dangote Petroleum RefineryThe regulator of the midstream and downstream petroleum sector has told The PUNCH exclusively that the Dangote Petroleum Refinery has not violated any provision of the Petroleum Industry Act by opting to sell fuel in dollars instead of naira.

Multiple senior sources within the regulatory agency, who spoke on condition of anonymity, said the refinery has the right to recover its costs if it has been purchasing crude oil in dollars.

According to the officials, the Petroleum Industry Act allows operators to earn returns on their investments and recover eligible costs.

“It’s a pretty straightforward issue. The naira-for-crude deal is not to Dangote’s advantage right now. They are sourcing a lot offshore. And with the crisis in the Middle East, the refinery has to recover costs now. It has to survive.

“Basically, to be fair to Alhaji Aliko Dangote, he has tried, if you look at it. He has absorbed a lot. But maybe he has reached a breaking point. So he has to do stuff to recover costs. And that’s why he wants to share that burden with off-takers,” one source said.

Another official told our correspondent that the PIA permits operators that incur costs in dollars to recover those costs in the same currency.

“If you study the PIA relevant schedules and provisions, when it comes to tariffs, you can recover your costs in dollars if that’s what you’ve spent. So, it’s clear. That is the case. There’s nothing wrong with what the Dangote refinery has done. That’s why you’ve not heard any hoopla, even from major off-takers. Dangote is incurring costs in dollars. So what do you want him to do?” the official said.

Another source urged authorities in the upstream sector, including the Nigerian National Petroleum Company Limited, to address the challenges affecting the naira-for-crude arrangement.

“We have identified the gaps from the refinery, and it is for crude suppliers to do the needful supply. It is between the refinery and the dominant crude market supplier, which is the NNPC. Why are they not supplying the refinery? Why does it have to do the dominant purchase offshore? That’s why he has to recover his cost in dollars. It’s simple. The PIA doesn’t have an issue with that. It’s tariffing,” the source stated.

On Monday, the Dangote refinery announced that it would begin quoting ex-depot prices for petrol, diesel and aviation fuel in dollars for gantry and coastal transactions.

In a message to marketers on Monday, the company said, “Following our email on the 9th of July, 2026, regarding the transition from Naira to United States Dollars, please note that all issued Naira Coastal and Gantry PFIs/Deal Recaps are now invalid, and no payments should be made against them.”

Under the new pricing schedule, petrol sold through the gantry will cost $0.779 per litre, diesel $1.087 per litre, and aviation fuel $0.942 per litre, while coastal PMS supplies will sell for $1,044.62 per metric tonne.

The company, however, clarified that the new pricing arrangement does not apply to liquefied petroleum gas. Following the announcement, depot owners across major petroleum hubs began adjusting their loading prices as marketers factored in possible changes in replacement costs.

Pricing data from petroleumprice.ng showed that petrol prices increased by as much as N113 per litre at some depots, while diesel prices rose by up to N150 per litre in some locations.

Petroleum products marketers rejected the decision, arguing that they could not source scarce dollars to buy products that would ultimately be sold to Nigerians in naira.

Defending the decision, senior management sources at the Dangote Group told The PUNCH that the company had accumulated a large volume of requests for dollars from crude suppliers within and outside Nigeria because the refinery was not receiving sufficient crude from the NNPC under the naira-for-crude arrangement.

The sources added that the renewed tensions in the Middle East, which pushed oil prices to about $80 per barrel, had increased the refinery’s need for dollars to import crude and purchase supplies from local private producers.

According to the sources, the refinery has faced significant challenges selling fuel in naira while buying crude in dollars, adding that companies operating in free zones are permitted to sell their products in foreign currency.

The company said it had incurred substantial losses while waiting for dollar allocations and could no longer absorb the cost.

“Do you know how much we have lost waiting for the allocation of dollars? We can’t be subsidising the country after the government has withdrawn the subsidy. We are in a free zone, and that’s how it’s normally done. When we sell in naira, we are not being given dollars.

“We have a huge accumulation of requests for dollars piling up, and we are being given very little crude against the naira. It is not our fault. We are buying products in dollars. It is the other party that has failed to uphold the crude-for-naira agreement,” the sources said.

Independent petroleum marketers and energy experts opposed the dollar-denominated pricing of petroleum products, warning that the move could intensify foreign exchange pressures and create fresh instability in the downstream petroleum sector.

The stakeholders, who spoke separately with The PUNCH on Tuesday, argued that although the refinery, as a private business, has the right to make commercial decisions, pricing petroleum products consumed locally in dollars could have broader implications for the economy.

NGX gains N390bn as banking stocks lift market

NGXThe Nigerian equities market maintained its upward momentum on Wednesday as renewed demand for banking stocks offset profit-taking in select counters, keeping the Nigerian Exchange near historic highs despite a slowdown in trading activity.

The benchmark NGX All-Share Index ended the session at 242,366.75 points, while investors’ year-to-date return remained robust at 55.8 per cent, reflecting sustained confidence in the domestic equities market amid expectations of stronger corporate earnings and continued portfolio repositioning.

Although the benchmark index recorded only a marginal movement, the market’s overall value expanded by N390.32bn, pushing total market capitalisation to N156.24tn, underscoring continued wealth creation for investors.

The day’s performance was largely driven by renewed buying interest in banking heavyweights, with First HoldCo Plc gaining 10 per cent, Transnational Corporation Plc rising 6.2 per cent, Stanbic IBTC Holdings Plc advancing 2.4 per cent, and Guaranty Trust Holding Company Plc adding 1.1 per cent. Their gains outweighed losses recorded in selected consumer and industrial stocks, helping to sustain positive market sentimen

Investor appetite remained firmly positive, with market breadth closing at about 1.8 times, as 31 stocks appreciated against 17 decliners.

Among the day’s top performers were First HoldCo Plc, Thomas Wyatt Nigeria Plc, Legend Internet Plc, Tripple Gee & Company Plc, and McNichols Plc, while Trans-Nationwide Express Plc, International Breweries Plc, HMC Allied Plc, DAAR Communications Plc, and Nigerian Exchange Group Plc ranked among the major losers.

Sectoral performance was mixed. The Banking Index emerged as the best-performing sector with a 2.2 per cent gain, reflecting strong demand for tier-one lenders. The Insurance Index also advanced 0.7 per cent, while the Consumer Goods and Industrial Goods indices declined 0.3 per cent and 0.2 per cent, respectively. The Oil and Gas sector closed unchanged.

Despite the positive market close, trading activity weakened considerably as many investors adopted a cautious stance following the recent rally. Total trading volume fell by about 25 per cent to 453.2 million shares, while the value of transactions dropped by more than 44 per cent to approximately N27.2bn, executed in nearly 40,000 deals.

First HoldCo Plc dominated market activity, accounting for the highest traded volume of 78.66 million shares valued at N6.19bn, reinforcing strong institutional and retail interest in the banking stock.

FirstBank urges intervention to drive down home prices

The Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, Olusegun Alebiosu, has called for stronger government intervention in Nigeria’s housing sector, saying it is necessary to make homes affordable for millions of Nigerians.

Speaking with journalists on the sidelines of the Chief Executive Officers’ Forum at the 20th African International Housing Show in Abuja, Alebiosu said increasing housing supply would help reduce property prices and improve access to decent accommodation.

“We need to increase the supply of houses because when supply meets demand, prices will come down and more Nigerians will be able to afford decent homes,” he said.

The FirstBank chief also urged Nigerians to view housing as a long-term investment, describing home ownership as one of the most reliable ways to build wealth and secure their financial future.

“I encourage Nigerians to invest in housing because owning a home is one of the best ways to build wealth and secure their future,” Alebiosu said.

He added, “Housing is an asset that provides long-term value. However, people should only take on mortgage products that are affordable and suitable for their financial situation.”

Alebiosu pointed to successful housing models in the United States and several European countries, noting that government-backed programmes had played a crucial role in making housing accessible to citizens.

“Countries like the United States and those in Europe have shown that government intervention is essential in making housing affordable. They support housing through various initiatives, including social housing programmes. Nigeria can adopt similar models to expand access to affordable homes,” he said.

According to him, expecting private developers alone to bridge Nigeria’s huge housing deficit is unrealistic because of the high cost of financing construction projects.

“It is difficult for private developers to solve the problem on their own because they often rely on expensive bank loans to finance projects. They also need to make profits, which increases the cost of housing,” he explained.

He stressed that collaboration between the government and the private sector remained vital to addressing the country’s housing challenges.

“Given the scale of Nigeria’s housing deficit, government support and collaboration with the private sector are necessary to achieve meaningful results,” Alebiosu said.

He maintained that housing remained critical to Nigeria’s economic growth and social development, adding that expanding housing supply, increasing government participation, and providing affordable financing would make home ownership attainable for millions of Nigerians.

Earlier, the founder of the African International Housing Show, Festus Adebayo, said this year’s theme, Housing Solutions for Low-Income and Informal Workers in Africa, reflects one of the continent’s most pressing development challenges.

He lamented that millions of teachers, artisans, traders, farmers, transport workers, market women, security personnel, and young professionals remained excluded from formal housing systems despite their contributions to national economies.

Adebayo said housing should not remain the privilege of a few but an opportunity available to every hardworking African.

He called for bold leadership, innovative financing, effective land reforms, sustainable infrastructure, modern construction technologies, and stronger partnerships between governments, the private sector, and development finance institutions to bridge Africa’s housing gap.

Also speaking, the Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria, Shehu Usman Osidi, said the bank had expanded access to affordable housing finance through various mortgage products, including the non-interest NIT Mortgage Loan.

Osidi said the ethical financing option was introduced to promote financial inclusion by providing contributors with interest-free access to home financing.

He said the bank’s financing models were designed to support Nigerians at home and in the diaspora, as well as workers in both the formal and informal sectors, with viable pathways to home ownership.

Osidi expressed confidence that deliberations at the housing forum would produce practical policy recommendations, innovative financing models and stronger partnerships capable of improving housing delivery across Africa.

Lasaco secures N19.3bn in oversubscribed rights issue

Lasaco Assurance PlcLasaco Assurance Plc has recorded a major milestone in its ongoing recapitalisation programme, reinforcing its commitment to meeting the requirements of the Nigerian Insurance Industry Reform Act 2025.

The company recently concluded its rights issue, raising N19.30bn from existing shareholders against a target of N18.47bn, representing a 4.5 per cent over-subscription.

According to the firm’s statement on Wednesday, the successful exercise reflects the strong confidence of shareholders and investors in Lasaco Assurance’s strategic direction and financial fundamentals.

The capital-raising exercise has also received key regulatory clearances. As part of the regulatory review, the National Insurance Commission conducted a comprehensive verification of the source of the funds raised and subsequently issued a confirmation of admissibility to the Securities and Exchange Commission.

Following the NAICOM clearance, the SEC granted its final approval for the rights issue.

In addition, an independent consultant appointed for the exercise completed an extensive verification of the company’s shareholders’ funds, assets, and liabilities, reaffirming Lasaco’s current admissible capital position.

Commenting on the development, the Managing Director and Chief Executive Officer of Lasaco Assurance, Mr Ademoye Shobo, said the company remained committed to the highest standards of corporate governance.

Shobo said, “Our recapitalisation journey reflects our unwavering commitment to transparency, accountability, and responsible corporate governance. The overwhelming support from our shareholders and the successful completion of key regulatory milestones further validate the confidence reposed in our company.

“We remain focused on concluding the remaining phases of the exercise and positioning Lasaco Assurance for sustained growth, enhanced competitiveness, and greater value creation for all our stakeholders.”

The insurer added that the recapitalisation would significantly boost its financial capacity, improve underwriting capabilities, enhance risk retention, and reinforce its position as one of Nigeria’s leading composite insurance companies.

Gombe-led ADC asks INEC to immediately remove Mark’s NWC from portal, warns Atiku

The faction of the African Democratic Congress, ADC, under the leadership of Bala Gombe, has called on the Independent National Electoral Commission, INEC, to promptly remove the National Working Committee, NWC, led by David Mark from its official portal.

Gombe pointed out that a court ruling required the electoral commission to withdraw its recognition of the NWC headed by David Mark and declare all decisions, resolutions, and actions made by that committee as null and void.

In a statement issued on Tuesday, Gombe stressed that INEC should only publish and recognize what he termed the legitimate National Working Committee of the party, in line with the court’s ruling.

The faction also warned former Vice President Atiku Abubakar against positioning himself as the ADC’s presidential candidate for the forthcoming 2027 general election.

In his statement, he said, “The rightful leadership of the African Democratic Congress (ADC), led by Hon. Nafiu Bala Gombe, formally requests the Independent National Electoral Commission (INEC) to immediately remove the names of Senator David Mark and his NWC members from the Commission’s portal.

“INEC is also urged to upload and recognize exclusively the authentic members of the National Working Committee of the ADC, in strict compliance with the court’s ruling. This ruling directed INEC to withdraw recognition from the David Mark-led NWC and further invalidated all decisions, resolutions, and actions taken by that Committee.

“Moreover, the leadership of the African Democratic Congress formally and unequivocally warns Alhaji Atiku Abubakar to immediately refrain from presenting himself as the ADC’s Presidential Candidate. We reiterate our earlier position that His Excellency, Alhaji Atiku Abubakar, is neither the current nor has he ever been the Presidential Candidate of the ADC for the 2027 General Elections.

“We call upon Alhaji Atiku Abubakar to promptly cease using the Party’s name, logo, and emblem to spread falsehoods and misinformation regarding the African Democratic Congress.

“Additionally, we provide him with a 7-day ultimatum to publicly apologize to the members and stakeholders of the ADC for making unauthorized statements on behalf of the Party. Should he fail to comply with this demand within the specified timeframe, we will pursue appropriate legal action.

“Furthermore, we wish to bring to the attention of the Inspector General of Police, IGP, and the Director General of the Department of State Services, DSS, the actions of Mallam Bolaji Abdullahi.

“We urge the pertinent security agencies to ensure his immediate arrest and prosecution for the dissemination of false information that could mislead the public and incite public unrest, thereby jeopardizing the relative peace we currently enjoy.”

2027: APC’s same faith presidential ticket raises fresh dust

The decision by the All Progressives Congress, APC, to go into the 2027 presidential election with a Muslim-Muslim ticket has re-opened the debate that dominated the 2023 election.

President Tinubu, had, last week, renominated Vice President Kashim Shettima as his running mate for the 2027 presidential election, a decision that is again generating mixed feelings among Nigerians.

While for the ruling party and their supporters it is a political master-stroke that would ensure stability and continuity, other Nigerians argue that in a multi-religious country like Nigeria, the same faith ticket is akin to discarding the feelings of the adherents of other faiths.

Before now, there had been uncertainty, different views, opinions, intensive debates and controversy over Shettima’s candidacy as vice president and the possibility of the ruling APC retaining the same faith ticket against the impression of many Nigerians, who opposed it prior to the 2023 election.

Groups like the Middle Belt Forum, MBF, Northern Christian Elders’ Forum, NOSCEF, and Arewa Consultative Forum, ACF, as well as individuals, have all expressed their views on the development.

Commenting on the development, the Senator representing Plateau Central, Diket Plang, applauded the decision, describing it as a demonstration of the recognition of loyalty, stability, courage and continuity in governance.

He said he was pleased that President Tinubu resisted pressures from different quarters to change his running mate, describing the decision as one that would strengthen national unity and policy continuity.

“I thank God that President Tinubu has remained steadfast and retained Shettima as his vice president.

“That is stability at the highest level of leadership. I am proud of that decision because Shettima has been loyal, active, accessible and committed to the success of this administration,” he said.

He advised Nigerians to be willing to make personal sacrifices in support of the Tinubu administration, insisting that his vision, courage, inclusiveness and commitment to infrastructure development deserved broad national backing.

Also, a retired military officer and professor of law, Major Bello M. Magaji threw his weight behind the Muslim-Muslim ticket, describing it as a strategic and commendable decision.

“In my view, beyond political symbolism, it reinforces continuity in governance, which is critical at this stage of Nigeria’s development.

“First, retaining the same ticket preserves institutional memory and policy consistency. The administration has already initiated key reforms in the economy, security and governance architecture; changing the leadership configuration midway could disrupt momentum and dilute the ongoing efforts.

“Continuity, in this sense, provides stability and allows policies sufficient time to mature and yield measurable outcomes.

“Also, the Tinubu–Shettima partnership has, over time, developed a working synergy that is essential for effective executive coordination. Governance at the highest level benefits greatly from trust, familiarity, and a shared strategic vision; qualities that are not easily rebuilt in a new political pairing.

“Third, from a political management perspective, the decision projects confidence and internal cohesion within the ruling structure. It signals that performance, loyalty and alignment with the administration’s agenda are being rewarded, which can strengthen discipline and focus within the government,” he said in an interview.

But for a chieftain of the National Rescue Movement (NRM), Rev. Emmanuel Olorunmagba, APC’s decision to run on the same faith ticket is a missed opportunity to promote national inclusion and unity.

He said the reported reaffirmation of the Muslim-Muslim presidential ticket reflected political convenience over national inclusion, arguing that while the Nigerian Constitution does not prohibit such an arrangement, political leadership should demonstrate sensitivity to the country’s religious and ethnic diversity.

He noted in a statement that Nigeria’s current socio-economic and security challenges require leadership that fosters national cohesion and one that reassures all segments of the population that they are adequately represented in the government.

He argued that the APC could have sent a stronger message of unity by adopting a more religiously and regionally inclusive ticket for the 2027 general election.

“Nigeria’s strength lies in its diversity. Our federation is built on mutual respect among people of different faiths, ethnicities, and regions. A leadership that consciously reflects this diversity strengthens national confidence and reinforces the principle that no group should feel excluded from the highest levels of governance,” he said.

He, however, urged Nigerians not to focus solely on political symbolism or personalities as the country approaches the 2027 elections but to evaluate candidates based on their competence, track records, policy proposals and capacity to address the country’s pressing challenges.

He said issues such as economic recovery, insecurity, unemployment, accountability and good governance should dominate the political discourse as the country prepares for another electoral cycle.

The NRM chieftain added that Nigeria deserves leadership that is capable of inspiring confidence across religious, regional and ethnic lines, while governing fairly and promoting national development. In the same vein, the Middle Belt Forum, MBF, has expressed disappointment over the development, describing it as a continuation of a strategy that has failed to reflect Nigeria’s religious and regional diversity.

In a statement by its national spokesperson, Luka Binniyat, the forum said the decision represented another missed opportunity to acknowledge the strategic importance of the Middle Belt in Nigeria’s political landscape.

It noted that the reaffirmation of the Tinubu-Shettima ticket means the continuation of the Muslim-Muslim presidential ticket that excludes even Muslims from the Middle Belt.

The forum, which said it was established in 1954 to protect the socio-political interests of more than 300 ethnic nationalities across 14 northern states and the Federal Capital Territory, argued that the region had continued to demonstrate goodwill and support for the Tinubu administration despite its predominantly Christian population.

“We believe this is another missed opportunity to recognise the strategic importance of the Middle Belt, a region that today gives Tinubu’s administration tremendous goodwill and support despite having a majority Christian population,” the statement said.

It contended that the President’s decision could be interpreted as a lack of appreciation for the region’s political significance, saying,

“By overlooking the Middle Belt once again, it would appear that the President does not place much value on the region and its 60 per cent voting population of Northern Nigeria, especially in our move to produce the 2031 President,” he stated.

The forum maintained that Nigeria’s highest political offices should reflect the country’s religious and cultural diversity.

“The MBF has always maintained that the Nigerian presidency should reflect the country’s religious and cultural diversity where Muslims and Christians do not have a clear majority.

“In a multi-religious nation like Nigeria, with Muslims, Christians and people of other faiths, the highest offices of government should promote inclusion, fairness and national unity,” Binniyat said.

Despite its criticism of the composition of the presidential ticket, the forum said it had not taken a definitive political position for the 2027 election.

“However, the Middle Belt Forum will not rush into taking a political position on the 2027 presidential election.

“Our position will be guided by the decisions of our Board of Trustees, BoT, and the National Working Committee (NWC), which will carefully consider which political party and candidate will best protect and promote the interests of the Middle Belt and the unity of Nigeria,” the group submitted.

The Northern Christian Elders Forum, NOSCEF, has also kicked against the APC’s decision.

Chairman of the christian group, Elder Sunday Oibe, argued that the proponents of Muslim-Muslim presidential ticket should tell Nigerians how far the current same faith ticket had gone to grow and develop Nigeria and her citizens since 2023.

He said: “I don’t have much of a comment for now rather than to wish them well. Nigerians should judge how well they had fared with the Muslim Muslim ticket of Tinubu/Shetima ticket.

“The question to the proponents of Muslim Muslim tickets should be ‘how market?’ Nigerians will speak at the appropriate time.”

The Arewa Consultative Forum (ACF), on its part, has not taken any official position on the development.

The ACF’s national publicity secretary, Prof. Tukur Muhammad-Baba, said the forum has only received reports of the development and has not met to deliberate on the matter.

He said the choice of a running mate remains the prerogative of President Tinubu and the APC, but added that the Forum would observe how the implications of the decision unfold before making any formal pronouncement.

“The ACF has only received the news about President Bola Tinubu’s reappointment of Vice President Kashim Shettima as his running mate and is yet to debate and take a concrete position on the matter.

“For now, the Forum only wants to note that the decision remains that of the President and the APC. The ACF will watch as the implications of the decision unfold,” Muhammad-Baba said.

On concerns surrounding the Muslim-Muslim presidential ticket, he said the more important issue should be whether any candidate combination delivers good governance and addresses the country’s challenges.

He noted that, ultimately, it is the electorate that will determine which ticket to support at the polls.

However, ACF’s former scribe, Mr. Anthony Sani is of the opinion that Tinubu cannot be faulted if he sees Muslim-Muslim ticket as his winning game plan for the ruling party.

He also said: “If the move, to some people, is not a winning game plan, they are at liberty to counteract it with their superior game plan.

“After all, we are in a multiparty democracy which allows political parties to devise their own strategies. Democracy in action, one might say,” he responded during an interview.

Some analysts argue that while the Muslim–Muslim ticket remains a subject of debate, it is equally important to assess leadership based on competence, delivery and national impact.

For APC supporters, Shettima’s reappointment as a vice presidential candidate is more about sustaining direction, consolidating gains and ensuring that the administration’s long-term objectives are not derailed.

Police uncover N1b vehicle fraud in Lagos, recover exotic cars from Abuja, others

Lagos State Police Command has uncovered a vehicle fraud syndicate allegedly responsible for defrauding car dealers of more than N1 billion through a series of coordinated scams involving exotic vehicles.

Police said investigations into three related cases led to the recovery of several vehicles that had been transported from Lagos to Abuja and other parts of the country and sold to unsuspecting buyers.

Speaking at the Command Headquarters in Ikeja on Tuesday, the Commissioner of Police, Tijani Fatai, disclosed that detectives from the State Criminal Investigation Department, SCID, Panti, launched an investigation following complaints from multiple vehicle dealers.

According to him, the investigations traced the operations to a syndicate allegedly headed by a suspect identified as Otunba, who remains at large.

The police identified Fatai Balogun, popularly known as “Eleku,” as a principal suspect, while Muritala, Bashiru, Segun and Otunba were also linked to the criminal network.

CP Fatai explained that the first case involved Muritala, who allegedly obtained vehicles from dealers under the pretext of paying after resale. During interrogation, Muritala reportedly implicated Balogun, who admitted participating in the transactions and handing the vehicles over to Otunba.

Further investigations reportedly linked Balogun to 12 exotic vehicles fraudulently obtained from various dealers.

Intelligence-led operations, aided by the AUTOREG vehicle tracking platform, led to the recovery of a 2010 Toyota RAV4 and 2007 and 2017 Toyota Highlander SUVs.

The police commissioner said the second case stemmed from complaints by three victims who accused Balogun, Otunba and other suspects of fraudulently acquiring seven vehicles valued at approximately N700 million.

Investigators alleged that the suspects deceived dealers by claiming the vehicles were meant for prominent politicians in Abuja and issued post-dated cheques that were later dishonoured.

“Balogun confessed to the offences and admitted selling the vehicles to different buyers. Detectives subsequently recovered a 2020 Toyota Hiace bus and a 2018 Ford Edge SUV,” Fatai said.

In the third case, Balogun, Bashiru and other suspects allegedly acquired 10 Toyota Hiace buses worth N320 million after claiming they were acting on Otunba’s instructions. Police said a post-dated cheque issued for the transaction was returned due to insufficient funds.

Eight of the buses were later recovered in damaged condition, while two buses valued at N56.5 million remain unaccounted for.

According to investigators, the suspects claimed the vehicles were procured on behalf of Otunba for political campaign activities.

CP Fatai stated that a comparative analysis of the three cases revealed a common operational pattern, indicating that they were carried out by the same criminal syndicate.

He alleged that the group targeted reputable car dealers, used dud or post-dated cheques to obtain vehicles, transferred them rapidly to third parties and concealed the identities of the principal beneficiaries through intermediaries.

The command said it has so far recovered a 2010 Toyota RAV4, 2007 and 2017 Toyota Highlander SUVs, two 2016 Toyota Hiace buses, a 2020 Toyota Hiace bus and a 2018 Ford Edge SUV.