General
Tambuwal Loses At Supreme Court
By Dipo Olowookere
Governor Aminu Waziri Tambuwal has lost his bid to stop an action on his nomination at the Supreme Court.
On Friday, the apex court dismissed his suit challenging the propriety of his nomination for the 2015 governorship election by the All Progressive Congress (APC) and ordered a Federal High Court in Abuja should retry the case on its merit and make decision as demanded by law.
The Supreme Court held that the nomination of Tambuwal by his party should be challenged by another governorship aspirant, Senator Umaru Dahiru on the ground that he has sufficient justifiable cause.
In a unanimous decision of a five man panel of the Supreme Court Justices, the court held that to agree with Tambuwal that the primary election that produced him cannot be challenged by another governorship aspirant is to allow democracy to be murdered by the governor.
In the lead judgment by Justice Musa Dattijo Mohammed and read by Justice Chima Nweze, the apex court set aside the decision of the court of appeal that the legal action instituted by Senator Dahiru against Tambuwal had been overtaken by events on the strength of the April 11, 2015 election of the governor
The Supreme Court said that the Appeal Court erred in law by holding that the event had overtaken the case of the appellant simply because the governorship election had been conducted after the primary election of APC that produced Tambuwal and which was been challenged in court.
Senator Dahiru had challenged the conduct of the primary election that produced Tambuwal as candidate of APC on the ground it was fraught with fraud.
The Senator claimed that the primary election of APC conducted in 2014 in Sokoto was fraudulent because the original list of the delegates for the primary election was swapped in favour of Tambuwal by some external forces.
By this development, the Federal High Court in Abuja is now to determine the matter against Tambuwal on its merit and acceleratedly as ordered by the Supreme Court.
Two appellants Senator Umaru Dahiru and Barrister Aliyu Abubakar Sanyinna who were governorship aspirants on the APC Platform in the 2015 general election had filed the appeal.
In their brief of arguments filed by Professor Awa Kalu SAN, the two appellants pleaded with the apex court to reverse the decision of the Court of Appeal which held that their suit had become academic exercise by virtue of the election of Tambuwal in the April 11, 2015 governorship poll.
In the brief of argument adopted by Mr. Ikoro M. Ikoro, the two appellants insisted that the lower court (Appeal Court) erred in law by holding that their joint suit has no life to sustain it simply because of the conducted general election.
They argued that the April 11, 2015 general election cannot take life out of their case or render it academic exercise because the suit had been filed on January 27, 2015 long before the general election was conducted.
The appellants chronicled the genesis of their suit, claiming that several frivolous motions and applications filed by the respondents at the federal high court in Abuja delayed judgment delivery until after the general election.
Their counsel argued that since all the delay tactics were at the instance of the respondents, the respondents should not be allowed to be beneficiaries of the unjust delays which made expeditious hearing practically impossible.
They asked the apex court to invoke Section 22 of the Supreme Court Act to resolve the issue to a finality as the said section of the law empowers it to act as a court of first instance in the circumstances of the case.
Respondents in the appeal are the APC, the Independent National Electoral Commission (INEC) and Hon Aminu Waziri Tambuwal.
But counsel to Tambuwal Mr. Sunday Ibrahim Ameh SAN stood his ground that the reliefs sought by the appellants at the Federal High Court have been overtaken by the general election and the declaration of Tambuwal as winner of the April 11, 2015 election.
The counsel urged the court to dismiss the appeal on the ground that it had become pure academic issue without any live.
In his own argument, Mr Jibrin Okutepa SAN, who stood for APC aligned himself with the third respondent’s submission.
The appellants had at the federal high court sued Tambuwal and asked the court to declare that the primary poll of December 4, 2014 which produced him was unlawful, unconstitutional, null and void and inconsistent with the Electoral Act, 2010 and the APC guidelines.
They claimed that the list of accredited delegates was swapped at the election venue and that votes were arbitrarily, unlawfully and fraudulently allocated to the aspirants after series of manipulation, intimidation and threat from the then state government officials backing the third respondent.
They asked for the court order restraining INEC from acting, publishing or recognizing Tambuwal as APC gubernatorial candidate.
They also prayed for an order nullifying or withdrawing the nomination of Tambuwal and that a fresh primary election be ordered.
Justice Evoh Stephen Chukwu of the Federal High Court, Abuja ruled in their favour.
But the appeal court in its judgment delivered by justice Moore Adumein set aside the decision of the trial court and held that the reliefs of the plaintiffs cannot be granted again in view of the 2015 governorship poll already won by Tambuwal.
By Adedapo Adesanya
The federal government has issued a data protection compliance circular to all Ministries, Departments and Agencies (MDAs) to promote public trust through data-driven governance.
The compliance directive is contained in Circular No. 59805/S.I/74, dated 27 July 2026, and signed by the Secretary to the Government of the Federation, Mr George Akume, according to a statement by the Head, Legal, Enforcement & Regulations, Mr Babatunde Bamigboye.
The initiative forms part of a continuum of regulatory measures that will be vigorously pursued as Nigeria advances towards the decisive frontiers of the Fourth Industrial Revolution.
The circular drew the attention of MDAs to a statement of President Bola Tinubu, where he said: “Data is the new oil”.
Mr Akume then directed all Ministries, Extra-Ministerial Departments and Agencies to capture the information rigorously and safeguard it under the Nigeria Data Protection Act, 2023 (NDP Act).
The circular also directed MDAs to ensure full compliance with the NDP Act, Regulations, Guidelines, and Directives issued by the Nigeria Data Protection Commission (NDPC) in relation to the processing of personal data.
To this end, the Circular directs MDAs to, designate suitably qualified officers as Data Protection Officers (DPOs) to oversee data protection compliance and advise management on all matters relating to the lawful processing of personal data, ensure that the names and contact details of their designated DPOs are communicated to the NDPC for registration and official records; engage licensed Data Protection Compliance Organisations (DPCOs), where required, to facilitate compliance with the NDP Act and support the conduct of statutory compliance audits.
It also directed them to provide adequate budgetary allocation for data protection compliance activities, including capacity building, awareness programmes, deployment of appropriate technical safeguards, and periodic compliance audits; and submit all mandatory Data Protection Compliance Audit Returns and other statutory returns to the NDPC within the timelines prescribed by law.
The circular further states that “Permanent Secretaries, Accounting Officers and Chief Executive Officers of all MDAs shall be personally responsible for ensuring institutional compliance with the Circular and the provisions of the NDP Act.”
The National Commissioner/Chief Executive Officer of the NDPC, Mr Vincent Olatunji, expressed the commission’s commitment to supporting data-driven governance.
Mr Olatunji maintained that data accountability is pivotal to achieving the eight Presidential Priorities. To provide full technical support to MDAs for the purpose of achieving compliance, the commission has constituted a regulatory clinic.
By Adedapo Adesanya
Yellow Card, a global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its international expansion and strengthen its digital payment infrastructure.
The funding round attracted investments from SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. With the latest raise, Yellow Card’s total equity financing has now exceeded $120 million.
The company said the fresh capital will be used to scale its Global US Dollar Accounts, an end-to-end dollar account designed for businesses, while expanding the stablecoin payment rails that connect businesses to markets around the world.
Yellow Card’s chief executive, Mr Chris Maurice, described the investment as a strong endorsement of the company’s long-term vision, noting that the company has spent years building infrastructure that allows businesses to move money globally without relying on traditional correspondent banking systems.
He added that the next phase of growth will focus on helping banks connect directly to stablecoin payment rails, enabling faster and more efficient cross-border transactions while expanding access to US Dollar services for businesses.
SC Ventures chief executive, Mr Alex Manson, said stablecoins are becoming an important part of global payments, but noted that widespread adoption will depend on reliable infrastructure and practical use cases.
He said Yellow Card has built the payment rails businesses across Africa need to move money efficiently across borders and expressed confidence in the company’s ability to expand both within Africa and internationally.
The investment also marks growing interest from global institutions in stablecoin-based payments. Sony Innovation Fund said its backing reflects confidence in Yellow Card’s ability to build digital payment infrastructure for emerging markets.
Mr Austin Noronha, Managing Director at Sony Ventures-US, said the company believes Yellow Card is creating the technology needed to help banks, financial technology firms and enterprises move money faster and more securely.
He added that the company looks forward to supporting Yellow Card as it expands beyond Africa into Latin America, the Middle East, Europe and the Asia-Pacific region.
Yellow Card said the funding will also support the wider rollout of its Global USD Accounts, which allow businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and collect or make payments in local currencies across more than 50 countries.
The company noted that the platform is already being used by major customers, including Visa and Western Union.
Founded to simplify cross-border payments through digital assets, Yellow Card has processed more than $10 billion in transactions across its network. The company supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.
Yellow Card has also established strategic partnerships with global payment companies including Visa, Mastercard, PayPal and Coinbase as it positions itself as a key infrastructure provider for international digital payments.
By Adedapo Adesanya
The National Economic Council (NEC) has approved a $4.5 billion arrangement for the Nigerian National Petroleum Company (NNPC) Limited aimed at strengthening the country’s external reserves and freeing up funds for infrastructure.
This is part of the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion facility named “Project Gazelle 2”.
The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves and support ongoing fiscal and infrastructure priorities of the government.
NEC’s approval followed a presentation by the Minister of Finance, Mr Taiwo Oyedele, which was presented by the Chairman of the Council, Vice President Kashim Shettima, underscoring the importance of the project.
NEC observed the significance of unlocking additional liquidity to the federation, among other benefits, pledging its support for the actualisation of the initiative.
The Finance Minister explained that the refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of oil per day – a 12.5 per cent reduction.
He noted that under the new arrangement, an additional 11,250 barrels of oil per day for the federation will be released, while there will be a reduction in the pledged crude volumes by the state oil company.
Mr Oyedele added that while accessing additional liquidity on improved terms, the arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures.
“The arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures,” he said.
VP Shettima called for a responsive, scalable, and data-driven social protection policy to tackle multidimensional poverty in Nigeria.
According to Mr Shettima, government policies are often heard before they are seen, speak through the price of food, condition of hospitals, records in schools, strain on families, the confidence of those who invest their labour in the nation’s future, and, very importantly, the ambitions of state governments.
He implored members of Council to ensure that every decision they make assure the citizens “that their government is paying attention to the pulse of the nation and is resolved to respond with competence, compassion and purpose.”
