General
South East Group Describes Soludo’s Comments on Peter Obi as Outright Jealousy
By Modupe Gbadeyanka
The Governor of Anambra State, Mr Charles Soludo, has been lambasted by a pan-Igbo socio-political pressure organisation known as the South East Revival Group (SERG) over his comments on Mr Peter Obi, a former governor of the state.
On Monday, the former governor of the Central Bank of Nigeria (CBN) released an article where he said Mr Obi, a presidential candidate of the Labour Party in the 2023 general elections, cannot win the exercise.
This did not go down well with some supporters of Mr Obi and SERG, in a statement issued on Tuesday, said Mr Soludo should focus on his campaign promises and “first take Anambra State to the Dubai status” he reportedly promised when he asked residents of the state for votes.
In the statement issued by the president and national coordinator of the group, Mr Willy Ezugwu, SERG said that “this is not the first time predictions on Peter Obi’s victory at elections came and failed.
According to the regional association, “It was common knowledge in Anambra State in the build-up to the 2010 governorship election the popular prediction was that Professor Soludo as the governorship candidate of the Peoples Democratic Party (PDP) would defeat Peter Obi of the All Progressives Grand Alliance (APGA).
“In fact, most prominent Anambra people predicted that Peter Obi won’t win a second tenure even before the governorship primary.
“But on February 7, 2010, the Independent National Electoral Commission (INEC) declared Peter Obi the winner of the 2010 Anambra State Gubernatorial election, where he roundly defeated his former schoolmate at the University of Nigeria Nsukka (UNN), Professor Charles Chukwuma Soludo.
“So, Governor Soludo knows that his predictions against Peter Obi have never come to pass, not even his own election victory prediction in 2010.
“The SERG, therefore, enjoins Governor Soludo to face his job of governing Anambra State and ensuring that all his campaign promises to his people on Soludo Solution and on his ability to turn Anambra State into a Dubai overnight are waiting to be fulfilled.
“So far, Soludo has not been able to solve a single major problem of the Anambra State since he assumed office.
“As a matter of fact, his administration has turned Anambra into one of the unsafest states in Nigeria, going by recent security realities, including the consistent attacks on Soludo’s hometown.
“His approach to solving security problems in Anambra State has so far failed to yield any results. It has rather aggravated the security situation.
“Soludo claimed that Peter Obi cannot win because the Labour Party presidential candidate lacks the requisite structures to win the 2023 election.
“This is not new; it has become a wife’s tale as the Nigerian people, the poor, the oppressed, and those facing security threats in Anambra State and across the country have, in the past few months, shown Nigerians that they are the structures any politician needs to win in the 2023 general elections.
“For us, the sudden outburst of Governor Soludo against Peter Obi can only be explained as outright jealousy, having seen the unimagined rising profile of the Labour Party presidential candidate.
“The SERG believes that the opposition has hired the Anambra State Governor to do some dirty political jobs from Peter Obi’s home state in their efforts to course a crack in the solidarity and support the Labour Party presidential candidate is enjoying in the entire South East.
“On this note, Nigerians must recall that ahead of the presidential primary of the Peoples Democratic Party (PDP), Peter Obi never enjoyed massive support from the South East.
“The fact is that the current support being enjoyed by Peter Obi in the region was spurred by people from outside Igbo land, like the Yoruba socio-cultural group, Afenifere, whose leader, Ayo Adebanjo began the clamour for a president of Nigeria of South East extraction even before the presidential primary elections.
“The same was the case in the North with northern groups, including Unified Northern Nigeria Youth Forum (UNNYF), whose Director General of the group, Dr Ibrahim Bature, on March 21, 2022, told journalists during the group’s road walk in Minna, Niger State capital, calling on Nigerians to support Igbo man for Presidency come 2023 for fairness and justice.
“Peter Obi is running for the President of Nigeria, not the President of Igbos. So, to measure Peter Obi’s presidential victory from the lens of Igbo votes like Governor Soludo is the most myopic political calculation.
“In any case, power belongs to God, and He gives and takes away power from individuals at will, and no individual can arrogate to himself the power to determine whom God has chosen to make the President of Nigeria in 2023.
“It is only God, through the votes of the Nigerian electorates, that can decide who takes over from President Muhammadu Buhari.
“We, therefore, advise Governor Soludo to face the issues of governance, especially insecurity, and get working as the people will decide his fate in the next governorship election in Anambra State based on his four-year scorecard,” SERG said.
Accusing Governor Soludo of taking his attacks on Mr Obi to “a petty level”, the group said “we are shocked to read a series of tweets from Governor Soludo making a case for PDP, even as an APGA Governor.
“Soludo tweeted that He (Peter Obi) attended my inauguration on March 17th. A few weeks later, he requested, and I obliged him to use the Anambra State government facility to launch his presidential bid under PDP. I was surprised to read in the news later that he had defected to LP (a party with literally zero structure), thereby attempting to weaken the same PDP he saw as the saviour a few weeks earlier.
“When has leaving a political party become an offence? Did Soludo not leave the PDP to join APGA?
“Did Soludo not work against PDP in Anambra State in partnership with former Governor Willie Obiano to ensure that Obiano returned for a second tenure as the state Governor against the PDP candidate?
“Beyond mere jealousy, it is now very obvious that Governor Soludo has been purchased by the opponents of Peter Obi to work against the popular wish of Nigerians but he has failed, having lost a sense of priority”, the group stated.
General
4th South Africa Focus Week Begins in Lagos to Strengthen Bilateral Ties
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
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