Congress: ‘Abure faction inviting wrath of the gods’ – Abia LP Chairman, Otti

The Chairman of the Nenadi Usman-led faction of the Labour Party, LP, in Abia State, Emmanuel Otti has accused the factional National Chairman of the party, Julius Abure and his supporters of allegedly violating the April 2025 ruling of the Supreme Court.

He also dismissed the recent congresses conducted by the Abure-led faction as a ‘Kangaroo’ exercise that violated the law.

Otti, who addressed journalists on Monday at the LP State office in Umuahia, said he had last week, secured an order from the Abia State High Court stopping the conduct of the LP Congress nationwide, but expressed dismay that the Abure faction disobeyed the order.

He warned that the action could attract the wrath of the gods.

“Remember that in April this year, there was a Supreme Court judgement and that judgement must be followed to the last.

“So, if you are going contrary to the law of the lands, the gods will hit you. If at all they held any Congress anywhere, it was a Kangaroo exercise”, Otti said.

On the welfare of LP members in Abia, Otti said that Governor Alex Otti did not abandon the LP members as claimed by the members of the opposition party.

He explained that the members of his party who worked for the victory of Governor Otti are well accommodated in the administration and not shut out.

He disclosed that a recent sensitisation and evaluation tour his party carried out in various LGAs of the State confirmed the satisfaction of LP members about the performance of Governor Otti.

The LP Chairman further declared that Governor Otti and the Labour Party would win elections in all parts of Abia in 2027, based on what he called the unprecedented performance of the Governor.

Joining APC will guarantee our failure – NNPP Chair

The national chairman of the New Nigeria Peoples Party (NNPP), Dr Ajuji Ahmed, says the party is fully preparing for the 2027 general elections and is not holding any secret discussions with President Bola Tinubu or the Presidency.

According to him, “I can tell you for free that the national leader of the NNPP is not romancing or making any conversation with either the President or with the Presidency and that is a genuine statement, not a political one.”

Dr Ahmed said the battle for Kano in 2027 will be decided by the people, not by joining any political alliance.

He insisted that the NNPP will succeed based on its strength and plans, not by teaming up with the APC.

“I don’t believe that because we want to be successful, we have to join the APC. We believe that joining the APC will guarantee our failure in Kano,” he told the Nation.

He added that the NNPP aims to grow nationwide and position itself as a strong contender for the presidency in 2027.

Ahmed argued that aside from the APC, the NNPP is the only party with a solid nationwide structure across all states and local governments.

He said the party is open to any aspirant who wants to contest its presidential ticket, and that even though Rabi’u Musa Kwankwaso is influential, “he is not the deciding factor. The deciding factor is the NWC of the party. And he knows that and he will respect that.”

On whether the APC is responsible for crises in opposition parties, he said he does not believe so.

He explained that parties only face interference when they are already weak internally.

According to him, “whatever party is in crisis, it is in crisis due to its own internal contradictions.”

He said if parties like PDP and Labour Party were united, no outside force could break them into three different pieces or two broad pieces.

Looking ahead, Dr Ahmed said the future looks uncertain for the PDP and Labour Party, while the NNPP prefers to work quietly.

In his words, “We prefer to be silent than to be noisy like PDP because they are noisy for all the wrong reasons. And we are silent for all the right reasons.”

He added that when the NNPP finally unveils its plans, its critics will realise he had already warned them. “You will come here again and say to me, you told me so.”

Arik Air funds diverted to NG Eagle, EFCC witness alleges

Arik-AirThe Economic and Financial Crimes Commission on Monday tendered several financial documents before the Special Offences Court sitting in Ikeja, Lagos, alleging that billions of naira and foreign currency loans belonging to Arik Air were diverted and used to establish NG Eagle Airlines.

Investigating officer, Bawa Kaltungo, presented the findings while being led in evidence by prosecution counsel, Dr. Wahab Shittu (SAN).

Former Managing Director of the Asset Management Corporation of Nigeria, Mr. Ahmed Kuru, is standing trial alongside Kamilu Alaba Omokide, Captain Roy Ilegbodu, Union Bank Plc, and Super Bravo Limited.

Kaltungo told Justice Mojisola Dada that Arik’s account officer documented the transfer of N1.9bn and N4.9bn from Arik Air for activities unrelated to its operations, including costs attributed to NG Eagle

He further stated that NG Eagle’s expenses, including staff salaries and quarterly financial obligations, were paid from Arik’s accounts.

He tendered several documents, including correspondence, internal memos, restructuring records, notices of assignment, and payment instructions, which he said formed part of the EFCC’s findings.

A 2010 document allegedly signed by Arik’s CEO showed a payment of N100m, while another indicated that Arik serviced foreign loans totaling $114,784,000 from export credit agencies.

According to Kaltungo, Arik executed quarterly repayments on these loans through authorised transfers.

The witness also highlighted evidence showing Union Bank’s restructuring of Arik’s debt in 2010 and 2011, including a November 2010 approval and a December 2010 update.

He tendered a 2015 general indemnity valued at over N46 bn, which guaranteed the bank’s exposure.

Kaltungo read part of a 2011 letter where Arik questioned Union Bank over the alleged sale of its loans to AMCON, noting that the airline received no formal notice and sought clarity on its agreements with foreign credit agencies.

Another document, a February 2011 Notice of Assignment, indicated third-party involvement in the transactions.

He cited several letters from 2010 and 2011 authorising transfers involving Arik’s safety accounts, operating accounts, loan commitments and maintenance payments, including a  $4.6m transfer acknowledged by both Arik and Union Bank.

One June 2010 letter showed Arik’s chairman expressing appreciation to Union Bank for its support and listing achievements of the partnership.

Kaltungo also described correspondence between AMCON and Union Bank, adding that Arik was not informed about the loan sale.

He noted irregularities in figures supplied, saying,“What Union Bank sold is N71 bn, but I am seeing N34bn; the figure does not reflect what Union Bank sold to AMCON.”

He read a January 21, 2011 letter from Arik to former President Goodluck Jonathan seeking government intervention.

The EFCC investigator further revealed that Arik Air leased crew members to Ibom Air and received payments, but said the money was not accounted for under the receivership managed by the first defendant.

Evidence of transfers from Ibom Air’s Zenith Bank account supported the claim.

Kaltungo added that a certificate of identification, along with Arik’s 2015 and 2016 annual statements, showed that the airline was not under receivership at that time, contrary to reported claims.

He said receivership commenced on February 17, 2017, yet signatures attributed to receivership appeared on documents from 2015 and 2016, signed by the first and second defendants who were not Arik staff.

He tendered a board resolution showing that an Arik Air aircraft engine was leased back to Arik, with defendants directing that payments should go into AMCON remittal account.

The agreement required: $70,000 monthly basic rent, payable in advance; $340 per flight hour; and $200 per completed engine cycle.

The agreement was signed by a director of Super Bravo Limited.

The matter was adjourned  till January 2 and 3, 2026, for continuation of trial.

PalmPay unveils digital tasks, prizes in December

PalmpayPalmPay, one of Nigeria’s fastest-growing fintech platforms, has announced the beginning of Purple December, its annual month-long digital activation created to celebrate, appreciate, and reward its vibrant community of users during the festive season and end-of-year period.

Running from December 1 to December 26, Purple December is a social media-led campaign that invites PalmPay users to participate in simple weekly online tasks for a chance to win exciting prizes, including smartphones, earbuds, airtime/data coupons, and branded gift items. Four winners will emerge each week as tasks go live across PalmPay’s social media channels, according to a statement on Monday.

Speaking on the campaign, the Head, Marketing and Communications at PalmPay, Olorunfemi Hanson, said the campaign builds on the brand’s tradition of rewarding loyalty while amplifying the real stories of Nigerians who rely on the platform for everyday financial transactions.

“Purple December is our way of saying thank you to the millions of people who trust PalmPay to power their daily payments. This year, the campaign is entirely digital, designed to meet our users where they already are on social media, online communities, and the spaces where they share, celebrate, and connect,” he commented. “We want to close the year by spotlighting the voices, stories, and memorable moments that shaped 2025 for our users.”

According to him, throughout the month, participants will engage with tasks that showcase PalmPay’s impact, from its CSR initiatives to the financial convenience it provides, to its international recognitions, and the personal experiences users have shared over the course of the year. The campaign culminates in a Christmas-themed challenge where users create and submit short videos using the hashtag #PalmPayPurpleDecember. The top-engaging videos will win major prizes, including an iPhone.

Hanson added that the initiative reinforces PalmPay’s commitment to a community-driven digital ecosystem:

“Every year, Nigerians tell us how we help them save more, spend smarter, or support their hustle. Purple December gives us a chance to celebrate those stories publicly. It is fun, it is inclusive, and it reflects the heart of who we are as a brand that not only cares and listens, but also engages and rewards customers for their loyalty.”

Purple December is now live across PalmPay’s digital platforms, including Facebook, Instagram, TikTok, X (Twitter), YouTube, and LinkedIn. PalmPay encourages all users to join the celebration, follow the weekly prompts, and participate for a chance to win.

For more information, visit PalmPay’s official social media pages and download the PalmPay app.

Benin coup: Tinubu acted in Nigeria’s interest by deploying military to stop insurrection – Governors

The Nigeria Governors’ Forum (NGF) says President Bola Tinubu acted in Nigeria’s best security interest when he deployed military assets to stop and reverse the coup attempt in Benin Republic.

In a statement on Monday, NGF Chairman and Kwara State Governor AbdulRahman AbdulRazaq said Nigeria would have faced serious security problems if the coup had succeeded.

He explained that militants and other hostile groups in the Sahel could have used the situation to further destabilise Benin.

“Apart from admirably acting in support of democracy in the subregion, the President acted in the best interest of our country and West Africa with the intervention. With the Sahel in disarray and dire security conditions, and a significant portion of Benin, especially the W-forest, already infested by the militants, a successful coup would have had devastating effects on our own country due to our proximity to Benin Republic which shares border with many of our states,” the statement said.

The Forum praised the President and the Nigerian military for acting on time and helping restore stability and constitutional rule in Benin.

“It is our position that democracy, whatever its challenges, remains the best form of government for regional peace, stability, and development,” the Forum said.

“Subsuing the coup on the invitation of Benin Republic is a big plus for the collective security efforts by ECOWAS in the region and for Nigeria in particular. For instance, security threats on Porto Novo, Cotonou, or Parakou constitute grave security risk to Nigeria, and the President’s firm action is an effective check to this.”

EFCC seals Bayelsa ex-Gov Sylva’s Abuja house over alleged fraud

Special Assistant to former Minister of Petroleum, Timipre Sylva, Julius Bokoru, has condemned the sealing of his principal’s Maitama residence in Abuja by the Economic and Financial Crimes Commission, EFCC.

Bokoru expressed his displeasure in a statement issued on Monday, titled “A grave breach of decency: EFCC’s attempted raid and defacement of Sylva’s family home.”

DAILY POST recalls that in November, the EFCC declared the former Bayelsa governor wanted over an alleged $14.8m fraud.

Earlier, agents of the military intelligence stormed his Abuja home, arresting his brother and driver over his alleged link to an alleged failed coup attempt.

The media aide had criticised the anti-graft agency for failing to invite the former minister before launching a manhunt for him.

Similarly, Sylva wrote to the EFCC last week, seeking a mutually agreed date to honour its invitation.

Bokoru said the latest action by the commission was undertaken without a single letter, without a subpoena, without a warrant, without notification, and without even the most basic adherence to lawful process.

“No courtesy. No procedure. No humanity. It is behaviour unbecoming of any institution that claims to act in the national interest.

“What unfolded today at the Maitama residence of His Excellency, Chief Timipre Sylva, was nothing short of an affront to decency and a troubling assault on the very principles that underpin a civilised society,” the statement read in part.

Sanwo-Olu woos investors as Lagos tops ease of doing business ranking

 

Lagos State Governor, Babajide Sanwo-Olu, has urged both local and international investors to seize emerging opportunities in the state, citing Lagos’ rising ranking in ease of doing business and major improvements in its investment landscape.

According to a post cited on Lagos State’s X account on Tuesday, Sanwo-Olu made the call during the inauguration of TY Logistics Park, FZE, an ultra-modern warehousing and trade complex located in Alaro City, within the Lekki Free Zone.

The project, developed by TY Holdings, he said represents a significant addition to Nigeria’s logistics and supply chain infrastructure.

The governor said, “Lagos recently clinched the top position in Nigeria’s latest Subnational Ease of Doing Business report released by the Presidential Enabling Business Environment Council (PEBEC), scoring 85.6 per cent and emerging as the country’s best-performing investment destination.

“The new ranking reflects Lagos’ consistent reforms, infrastructure upgrades and deliberate policies designed to make the state the most attractive market for enterprise and innovation.”

Inaugurating the 29,000-square-metre logistics facility alongside Taraba State Governor, Agbu Kefas, Sanwo-Olu praised TY Holdings for its sustained confidence in Lagos and described the development as “a landmark investment that strengthens Lagos’ economic narrative.”

According to him, the project reinforces Alaro City’s transformation into a preferred industrial hub in sub-Saharan Africa, aligning with Lagos’ broader economic agenda to modernise logistics, attract foreign investment and drive sustainable growth.

Sanwo-Olu also highlighted ongoing efforts to improve mobility and trade efficiency within the Lekki corridor, including plans for a dedicated road linking Lekki Port, Dangote Refinery and Alaro City to reduce pressure on the Lekki-Epe Expressway.

He added that Lagos is currently constructing what will become the largest food logistics hub in West Africa.

In his remarks, Kefas commended the initiative and expressed pride in Taraba State’s participation, noting that the project strengthens inter-state economic cooperation, especially in the movement of agricultural produce from Taraba to Lagos processing hubs and markets.

‘Conclude renegotiation by Dec 31 or face nationwide shutdown’ — SSANU tells FG

The Senior Staff Association of Nigerian Universities, SSANU, has given the Federal Government up to December 31, 2025, to conclude its ongoing renegotiation with the union, warning that universities will be shut down indefinitely from January 2026 if the talks remain unresolved.

In a communiqué issued on Monday after its 53rd National Executive Council, NEC, meeting at the University of Jos, and signed by its President, Mohammed Haruna Ibrahim, SSANU said the government has failed to show commitment to addressing issues affecting non-teaching staff.

The union accused the government of sidelining its members in the payment of Earned Allowances and in the renegotiation process.

It insisted that the N50 billion agreed upon in the 2022 MoU be released immediately and that Inter-University Centres and research institutes excluded from previous payments be included in the next disbursement.

SSANU warned that failure to conclude a credible renegotiation by the end of December would trigger “total and comprehensive” industrial action.

The union also raised concern over the rising spate of school kidnappings, saying the recent abductions in Kebbi and Niger States reflect worsening insecurity around educational institutions.

It urged the government to strengthen campus security through modern surveillance systems, improved perimeter protection and better intelligence gathering.

SSANU rejected the Federal Ministry of Education’s proposal to introduce Public-Private Partnership, PPP, arrangements for municipal services in universities, saying previous PPP models in other sectors had led to job losses and poorer working conditions.

It insisted that no staff should lose their jobs or be downgraded under any such arrangement.

The communiqué also highlighted the deteriorating state of infrastructure in universities, citing unreliable electricity, faulty water systems, dilapidated hostels, outdated laboratories and weak security structures.

It called for predictable funding, timely releases and stricter monitoring of resources.

The union said rising inflation and fuel costs have worsened the hardship faced by university workers and demanded an urgent wage review in line with current economic realities.

NUPRC denies withholding N283.3bn exploration funds from NNPC

The Nigerian Upstream Petroleum Regulatory Commission has disclosed that over $185m (about N268.4bn) and N14.9bn have so far been released to the Nigerian National Petroleum Company Limited from the Frontier Exploration Fund.

The commission’s Head of Media and Strategic Communication, Eniola Akinkuotu, made the revelation in a statement issued on Monday, addressing recent reports that the NUPRC had withheld the Frontier Exploration Fund from NNPC Ltd.

Akinkuotu’s disclosure confirms that the fund has been disbursed to NNPC Ltd as planned, countering the assertions that payments were being withheld by the regulator.

The disclosure provides fresh insight into the utilisation of the controversial fund, which has been at the centre of transparency concerns following the introduction of the Petroleum Industry Act that mandates a 30 per cent allocation of NNPC Ltd’s profit oil and gas to frontier exploration.

According to the commission, the fund, drawn from statutory allocations for the exploration of frontier basins, was made available to the national oil company to accelerate oil and gas discovery efforts, particularly in underexplored regions across the country.

Akinkuotu explained that the Frontier Exploration Fund was not domiciled in the Commission but in an account controlled by the Central Bank of Nigeria. The commission added that its role was simply to evaluate the Work Programme submitted by NNPCL after which an approval would be given for the release of the fund.

“The Nigerian Upstream Petroleum Regulatory Commission has dismissed reports that it is withholding the Frontier Exploration Fund from the Nigerian National Petroleum Company. $185,123,333 had been approved along with N14.9bn. We approve funds based on certified activities and contracts awarded. So, if a contract has not been awarded, we cannot approve payments” the statement read.

According to the statement, the NUPRC in a bid to promote transparency, had contracted PwC to evaluate NNPCL’s claims before the final approval of the fund.

“So far, there is no outstanding sum. The NUPRC approved the final release on November 27, 2025 to the tune of $140,000,000. We have documents to back this up. Earlier, N14.9bn and $45m were released.

“Anyone interested can also reach out to the NNPCL rather than rely on faceless individuals seeking to tarnish the image of the Commission,” the statement added.

The commission noted that the Frontier Fund was solely for the use of the NNPC and it would be absurd for any operator to make spurious claims.

The upstream regulator added that the Minister of State for Petroleum, Senator Heineken Lokpobiri, had earlier issued a statement denying investigating the NUPRC over the handling of the fund.

“The minister had issued a rebuttal on the so-called investigation on November 17, 2025. It amounts to mischief for anyone to reference a statement which has been denied by the purported author,” the Commission concluded.

Shell Nigeria Gas Limited Boosts Operations In Ogun State

Nigeria’s premier gas distribution company, Shell Nigeria Gas Limited (SNG) is expanding its operations in Ogun State with an agreement to provide gas to SG Industrial FZE, a leading steel company in the Guandong industrial zone in the State.

 

The agreement adds to a growing list of clients for SNG which has developed as a dependable supplier of gas through distribution pipelines of some 150km, serving over 150 clients in Abia, Bayelsa, Ogun, and Rivers states.

 

The company recorded the achievements working in close collaboration with NNPC Gas Marketing Limited (NGML).

 

“Our commitment is clear — to build, operate, and maintain a gas distribution system that is not only reliable, but resilient, transparent, and designed to fuel growth,” Managing Director, SNG Managing Director, Ralph Gbobo said at the signing ceremony. “The agreement reflects our commitment to expanding access to cleaner and more reliable energy to support Nigeria’s growth agenda.”

 

Vice General Manager SG Industrial FZE, Moya Shua said: “We are thrilled to partner with SNG on this transformative journey. This collaboration marks a major step forward in securing reliable energy that will power our growth and long-term ambitions.”

 

SNG was incorporated in 1998 as a fully Shell-owned company. It had also increased access to its natural gas pipeline network, connecting new customers like Reliance Chemical Products Limited II, Ultimum Limited, Nigeria Distilleries Limited III and Rumbu Industries Nigeria Limited, reinforcing its commitment to boosting domestic gas utilization across Nigeria.

The milestones support the Federal Government’s Decade of Gas initiative and the broader gas development agenda.