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Home > Archives for > Page 53
Author

Nelson Ugwuagbo

Nelson Ugwuagbo

Governor Sim
Headlines

Coalition Petitions African Union Over State of Emergency in Rivers

by Nelson Ugwuagbo April 1, 2025
written by Nelson Ugwuagbo

A coalition of Nigerian professionals and political figures has petitioned the African Union (AU) over the recent declaration of a state of emergency in Rivers State, describing the suspension of Governor Siminilayi Fubara and the State House of Assembly as unconstitutional.

In a letter addressed to AU Commission Chairperson Alhaji Mahmoud Ali Youssouf, the group argued that the action violated Nigeria’s constitution and posed a threat to democracy in Africa.

The petition, signed by Professor Senator Opeyemi Ola, Professor Adah George, Rt. Hon. Dr. James Oloko, and Dr. Mrs. Evelyn E. Ogolime, urged the AU to intervene, calling the move an abuse of power.

“With President Tinubu as the Chairman of ECOWAS, Nigeria is expected to uphold democratic governance. His decision to suspend the democratically elected Governor of Rivers State and the State House of Assembly is a violation of the Constitution and an affront to democratic principles,” the petition stated.

The coalition cited Section 305 of the Constitution, which the President referenced, arguing that it does not grant him the power to suspend or remove elected officials. They insisted that the process for removing a governor is explicitly outlined in Section 188, making the President’s action unconstitutional.

Describing the move as a threat to democracy, the group warned that it could set a dangerous precedent for the suppression of democratic institutions across Africa.

The coalition further called on the AU to send a fact-finding mission to Rivers State to assess the situation and ensure democratic institutions were protected.

“We urge you to prevail upon President Tinubu to lift the State of Emergency in Rivers State and restore the democratically elected government. The AU Commission must take concrete steps to ensure that Nigeria, as a member state, upholds the principles of democracy, human rights, and the rule of law,” the petition added.

April 1, 2025 0 comments
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Kwara
Headlines

Rainstorm Destroys 200 Houses, Schools in Kwara

by Nelson Ugwuagbo April 1, 2025
written by Nelson Ugwuagbo

A windstorm on Sunday wreaked havoc in Ilorin, the Kwara State capital, as well as Ogele and Eyenkorin in Asa Local Government Area, damaging no fewer than 200 houses, public schools, and electric cables.

The rainstorm, which accompanied the evening downpour, disrupted Eid-el-Fitr celebrations in the affected communities, leaving significant destruction in its wake.

Residents reported that the storm blew off the roofs of about 200 houses, while over 20 buildings, including schools, shops, and business premises, collapsed.

Vice Chairman of Ifelodun Community in Eyenkorin, Zubairu Abiola, described the damage as severe, noting that many residents had been rendered homeless.

“The destruction is huge. This has resulted in many residents becoming homeless suddenly. This will require much rehabilitation from the state government,” he said.

Abiola called on Governor AbdulRahman AbdulRazaq to provide urgent assistance to the affected communities.

April 1, 2025 0 comments
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Trump
Africa & World

Trump Hints Possibility of Contesting Third Presidential Term

by Nelson Ugwuagbo April 1, 2025
written by Nelson Ugwuagbo

Former U.S. President Donald Trump has suggested that he might seek a third term in office, despite constitutional restrictions limiting presidents to two terms.

Speaking to reporters in the Oval Office on Monday, Trump claimed that Americans want him to run again. When asked about the possibility of a third term, he responded, “People are asking me to run. I don’t know. I never looked into it. They do say there’s a way you can do it, but I don’t know about that.”

Trump also entertained the idea of a hypothetical election matchup against former President Barack Obama, who served two terms from 2009 to 2017. “That would be a good one, I’d like that,” he said.

His remarks follow comments made in an interview with NBC News on Sunday, where he insisted he was “not joking” about the possibility of seeking a third term.

Trump, 78, served as president from 2017 to 2021 and began his second term on January 20. However, the U.S. Constitution’s 22nd Amendment, ratified in 1951, explicitly prohibits any individual from being elected president more than twice. The two-term limit became an established tradition after George Washington declined to seek a third term in 1797.

Despite the constitutional restriction, Trump’s statements have fueled speculation about his political future and potential efforts to challenge the rule.

April 1, 2025 0 comments
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NSIA
Headlines

NSIA Records N1.86 Trillion in Profit

by Nelson Ugwuagbo April 1, 2025
written by Nelson Ugwuagbo

The Nigeria Sovereign Investment Authority (NSIA) has reported an operating profit of N1.86 trillion for the 2024 financial year, representing a 59 percent increase from the N1.17 trillion recorded in 2023.

In a statement on Tuesday, Joyce Onyegbula, NSIA’s head of corporate communications, attributed the performance to the resilience of the authority’s investment strategy, strong earnings, a diversified revenue base, and robust risk management despite global economic challenges.

“NSIA has remained profitable for 12 consecutive years, resulting in cumulative retained earnings of N3.74 trillion at the end of 2024,” Onyegbula said.

She noted that total operating profits, excluding earnings from associates and joint ventures, rose from N1.17 trillion in 2023 to N1.86 trillion in 2024. The increase was driven by the strong performance of NSIA’s diversified investment portfolio, infrastructure assets, and gains from foreign exchange movements and derivative valuations.

According to Onyegbula, total comprehensive income—including profits from associates and joint ventures—stood at N1.89 trillion in 2024, reflecting a 59 percent increase from N1.18 trillion in the previous year.

Core total comprehensive income, excluding foreign exchange and derivative valuation gains, surged by 148 percent to N407.9 billion in 2024, up from N164.7 billion in 2023. The rise was supported by robust returns on financial assets measured at fair value, including collateralized securities, private equity, hedge funds, and exchange-traded funds.

NSIA further reported that net assets nearly doubled, increasing by 96 percent to N4.35 trillion as of December 2024, compared to N2.22 trillion in December 2023.

Commenting on the results, NSIA Chief Executive Officer Aminu Umar-Sadiq described the financial performance as “outstanding,” emphasizing the strength of the authority’s strategic vision, disciplined execution, and commitment to sustainable socio-economic growth.

“By leveraging innovation, strategic partnerships, and sound risk management, we have not only delivered strong returns but also created value for our stakeholders,” Umar-Sadiq said.

April 1, 2025 0 comments
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Nwosu Humphery
Headlines

Orumba North Demands National Honour for Late Prof. Humphrey Nwosu

by Nelson Ugwuagbo March 31, 2025
written by Nelson Ugwuagbo

The people of Orumba North Local Government Area, Anambra State, have urged the Federal Government to confer a national honour on the late Prof. Humphrey Nwosu, former Chairman of the National Electoral Commission (NEC), in recognition of his contributions to Nigeria’s democracy.

The call was made by the council’s Chairman, retired Capt. Casmier Nwafor, during a commendation service organized in honour of the late electoral reformer. Nwafor emphasized that without such recognition, the significance of June 12, 1993, would hold little meaning for the people of Orumba North.

The council insisted that immortalizing Prof. Nwosu is essential and urged the Federal Government to act without delay. They specifically appealed to President Bola Ahmed Tinubu and the National Assembly to take concrete steps to ensure his name is permanently inscribed in Nigeria’s democratic history.

As part of local efforts to honour him, the Orumba North Local Government unveiled a portrait of Prof. Nwosu at its secretariat and announced that the building would be renamed the “Prof. Sir Humphrey Nwosu Building.”

The council further urged the National Assembly to recognize Prof. Nwosu’s contributions, noting that ongoing debates over his immortalization have caused emotional distress among Nigerians who cherish the June 12 election. They called on lawmakers to reconsider their stance and bestow upon him the honour he rightfully deserves as Nigeria’s “Hero of Democracy.”

Prof. Nwosu was widely acknowledged for introducing the Option A4 voting system, which enhanced transparency and credibility in Nigeria’s electoral process.

The council also commended Anambra State Governor Chukwuma Soludo for supporting efforts to give Prof. Nwosu a befitting burial, stressing that a national honour would be a fitting tribute to his legacy.

Prof. Nwosu, who oversaw the historic June 12, 1993, presidential election, was laid to rest last Friday. The burial was attended by notable dignitaries, including Governor Soludo and Mr. Peter Obi, the Labour Party’s presidential candidate in the last general election.

March 31, 2025 0 comments
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Kogi State
Headlines

Kogi Government Bans Rallies, Security Convoys Over State Insecurity

by Nelson Ugwuagbo March 31, 2025
written by Nelson Ugwuagbo

The Kogi State Government has imposed a ban on rallies and the use of security convoys in response to recent killings and crises in parts of the state.

The decision was announced on Monday in a statement signed by the Commissioner for Information and Communication, Kingsley Fanwo, following a meeting between the state government, traditional rulers, and security agencies.

Fanwo stated that the government had reviewed the security situation and implemented the measures to prevent a breakdown of law and order.

“The Kogi State Government remains unwavering in its commitment to protecting lives and property and ensuring peace and security. In light of credible intelligence reports, the government has deemed it necessary to take proactive measures to prevent any form of security breach that could destabilize the state,” the statement read.

While the state witnessed a peaceful Sallah celebration, Fanwo noted that security threats in certain areas had led to violence. In Kasemiya, Katubo, and Umozu Ette, all in Kogi Local Government Area, clashes over fishing activities resulted in the loss of two lives. Consequently, the government has suspended all fishing activities in the area until peace is fully restored, with security operatives deployed to enforce the directive.

In Ankpa Local Government Area, a communal clash between Ika-Odele and Ika-Ochala in Enjema District is reportedly threatening stability in Kogi East. The state government has dispatched security forces to contain the situation and prevent further loss of lives and property. Peace talks between the two communities, facilitated by the government, are ongoing.

Additionally, intelligence reports indicate that certain groups in Kogi Central are planning violent rallies under the guise of political and religious agitations. Fanwo warned that such gatherings could lead to destruction and unrest.

“In view of these security concerns, the Kogi State Government has placed a total ban on all forms of rallies or public gatherings that could disrupt public peace. This decision follows intelligence reports suggesting that certain individuals intend to infiltrate the state using fake security personnel to foment trouble,” the statement added.

While acknowledging the constitutional right to peaceful assembly, the government emphasized that security considerations must take precedence. Consequently, no individual, group, or organization will be permitted to hold rallies in the state until further notice.

To strengthen security, Governor Ahmed Usman Ododo met with the Kogi State Traditional Council, led by the Attah of Igala, Matthew Opaluwa Alaji, to discuss measures for ensuring stability. The traditional rulers commended the government’s proactive steps in safeguarding lives and property.

Furthermore, the government has mandated that any individual or group entering the state with a security convoy must obtain prior clearance from the relevant state security commands.

“The state has received intelligence indicating attempts by some individuals to enter Kogi under the pretense of being security personnel, with intentions of causing unrest. This directive aims to prevent unauthorized movement of armed individuals and ensure that only duly accredited security agents operate within the state,” the statement concluded.

March 31, 2025 0 comments
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Edo State
Headlines

State Speakers Condemn Lynching of Northern Travelers in Edo

by Nelson Ugwuagbo March 31, 2025
written by Nelson Ugwuagbo

The Conference of Speakers of State Legislatures of Nigeria (CSSLN) has condemned the lynching of 16 northern travelers in Uromi, Edo State, describing the incident as barbaric and horrific.

In a statement issued on Monday and signed by CSSLN Chairman and Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, the speakers decried the mob violence as a gross violation of human rights and a threat to peace and security.

“The CSSLN strongly condemns the horrific lynching of 16 northern travelers who were on transit and accused of possessing dane guns (local firearms),” Ogundoyin stated.

“These individuals were tragically killed by a mob in Uromi, Edo State, on Friday, March 28, 2025. The actions of the so-called vigilante group members responsible are barbaric and unjustifiable.”

The speakers stressed that such extrajudicial killings undermine the rule of law and erode societal values.

While commending the Edo State government and security agencies for their swift response, they urged authorities to intensify efforts to ensure that those responsible are identified, arrested, and prosecuted.

The CSSLN also called for stricter oversight of community policing structures established by state governments to prevent abuses.

“It is essential to ensure that these local security operatives function with professionalism, respect for human rights, and adherence to the rule of law. Effective oversight will safeguard the integrity of these initiatives and prevent them from becoming instruments of injustice,” the statement read.

The speakers extended their condolences to the families of the victims, expressing solidarity in their time of grief.

March 31, 2025 0 comments
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mbappe
Entertainment

Mbappe Will Be Real Madrid ‘Legend’ Like Ronaldo — Ancelotti

by Nelson Ugwuagbo March 31, 2025
written by Nelson Ugwuagbo

Real Madrid coach Carlo Ancelotti has expressed confidence that Kylian Mbappe has the potential to achieve legendary status at the club, similar to all-time top scorer Cristiano Ronaldo.

Speaking at a press conference on Monday, Ancelotti stated that he believes the French forward can replicate Ronaldo’s achievements at the Santiago Bernabeu.

“What I wish for Mbappe is that he is capable of achieving what Ronaldo did at Real Madrid — and I think that he can do it,” Ancelotti said. “That means he will be a legend at Real Madrid, like Cristiano Ronaldo is.”

Mbappe, 26, joined Real Madrid from Paris Saint-Germain last summer and has equalled Ronaldo’s tally of 33 goals in his debut season with the club. The Portuguese forward, who joined Madrid from Manchester United in 2009 and departed in 2018 as the club’s record scorer with 450 goals, also netted 33 times in his first season.

Following his brace against Leganes in La Liga on Saturday, Mbappe described matching Ronaldo’s record as “very special.”

“We know what he means for Real Madrid and me. We speak, he gives me a lot of advice,” Mbappe told Real Madrid TV.

With Madrid still competing on three fronts this season, Mbappe has opportunities to extend his goal tally.

Meanwhile, Ancelotti’s side will host Real Sociedad on Tuesday in the Copa del Rey semi-final second leg, holding a 1-0 advantage from the first leg in San Sebastian. A victory would bring Madrid closer to the final and put Ancelotti on course to become the first coach to win the competition three times with the club.

“To be close to a final motivates me, it motivates the players and it motivates the club,” Ancelotti said. “It’s an achievement to play in a final in any competition, so to be so close, to have a small advantage, and because we’ll have the support of our fans obviously motivates us even more.”

March 31, 2025 0 comments
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Soldiers
Headlines

Heavy Gunshot as Shiite Group, Soldiers clash at Banex Abuja

by Nelson Ugwuagbo March 28, 2025
written by Nelson Ugwuagbo

Heavy Gunshot ongoing at Banex Plaza as members of the Islamic Movement of Nigeria, also know as Shitties clashed with officers of the Nigerian armed forces.

Members of the public are advised to move safely within Abuja.

March 28, 2025 0 comments
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Atiku
Headlines

Atiku Denies Receiving Funds From Sanwo-Olu During 2023 election

by Nelson Ugwuagbo March 28, 2025
written by Nelson Ugwuagbo

Former Vice President Atiku Abubakar has dismissed allegations linking him to purported financial transactions involving Lagos State funds, describing the claims as a politically motivated smear campaign.

In a statement issued on Thursday by his Media Adviser, Paul Ibe, the Atiku Media Office refuted reports suggesting that Lagos State Governor, Babajide Sanwo-Olu, provided financial support to Atiku during the 2023 presidential election.

The statement, titled “Halt This Tinubu’s Voyage of Misadventure and Campaign of Calumny against Atiku Abubakar,” described the allegations as “blatant lies” and “contrived political propaganda” aimed at tarnishing Atiku’s image.

“The Waziri of Adamawa does not know Governor Sanwo-Olu and has never met him before. The idea that Atiku, who has no connection with Sanwo-Olu, would be involved in a financial transaction with him during the 2023 election is baseless and illogical,” the statement read.

Atiku’s media team alleged that the reports were part of a broader political plot to undermine both Governor Sanwo-Olu and opposition figures, including Atiku.

The statement also challenged the Economic and Financial Crimes Commission (EFCC) to make public its findings on the claims, stressing that the matter was being used as a political tool.

Atiku’s camp further urged President Bola Tinubu’s associates to halt what it described as a smear campaign, stating that such tactics would not deter the opposition from pursuing its political objectives.

March 28, 2025 0 comments
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