General
Buhari Backs Giadom’s Fight for APC Leadership
By Chubi Eze
In a surprise move, Nigeria’s President, Mr Muhammadu Buhari, has announced that he will attend a meeting to be convened today, Thursday, June 25, 2020, by Mr Victor Giadom, one of the two men laying claim to the leadership of the All Progressives’ Congress (APC), which controls the presidency and both houses of parliament.
In a series of Tweets, the president’s spokesperson, Mr Garba Shehu, said that: “The president has received very convincing advice on the position of the law as far as the situation in the party is concerned and has determined that the law is on the side of Victor Giadom as Acting National Chairman. And because he will always act in accordance with the law, the President will be attending the virtual meeting called for tomorrow afternoon.
“We urge the media to stop promoting manufactured controversies and to not give any further room for mischievous interpretations of the law on this matter.
“In addition to the president, the Giadom meeting will hopefully, be attended by our governors and leaders of the National Assembly.”
A former Commissioner of Works in the southern oil-rich state of Rivers, Mr Giadom is a political disciple of the Minister of Transport, Mr Chibuike Amaechi, himself a former two-time governor famed for being a vocal maverick.
There has been a growing rift between the factions within the APC since a Court of Appeal announced the suspension of the APC’s erstwhile chairman, Mr Adams Oshiomhole, a combative ex-unionist and former governor of Edo, who has presided over a tumultuous state of affairs at the party.
Mr Oshiomhole, perceived by critics to be a pugilistic politician who shuns consensus-building, has been locked in a fierce battle with a group of governors, who oppose his style and are perceived to be hell-bent on neutralizing him.
Mr Oshiomhole’s opponents say that he has repeatedly flouted the party’s guidelines by refusing to convene meetings of the party’s National Executive Committee, paying bloated salaries to members of the National Working Committee, and appointing unelected officers into the party’s National Working Committee (NWC).
Party insiders say that the president’s surprising show of support for Mr Giadom means that Mr Oshiomhole is almost certainly going to be expelled from the party’s NWC.
After Mr Oshiomhole’s shock ouster by a federal appeal court a few weeks ago, the party’s NWC endorsed the appointment of a former Oyo governor, Mr Abiola Ajimobi, to act in his stead. This was resisted by Mr Giadom who relied on an earlier court judgement to declare himself the party’s acting National Chairman.
Mr Ajimobi is gravely ill and while most observers saw the NWC’s coronation of Mr Ajimobi as an attempt by Mr Oshiomhole and his allies to run the party by proxy, Mr Giadom’s aggressive push to take over the party jolted the party’s hierarchy who tried, albeit unsuccessfully to expel him from the party through court judgements in his home state of Rivers.
The impasse effectively led to a schism, and a proxy battle between the chairman of the Nigerian Governors’ Forum, Mr Kayode Fayemi, Transport Minister, Mr Chibuike Rotimi Amaechi, Aviation Minister, Mr Hadi Sirika, Kaduna’s governor, Mr Nasir el-Rufai and the Bola Tinubu/Oshiomhole faction of the party.
A scrum of governors, upset at the manner in which one of their colleagues the governor of Edo State, Mr Godwin Obaseki, was humiliated out of the party by his predecessor, Mr Oshiomhole, his estranged predecessor, also joined the anti-Oshiomhole camp.
Since Mr Ajimobi was critically ill, after reportedly contracting coronavirus, the party’s executive committee settled on Mr Hilliard Eta, a little-known Cross River politician, who is believed to owe fealty to Mr Oshiomhole.
However, Mr Giadom refused to budge, using the courts and the law enforcement authorities to continue in his disputed role as the APC’s acting National Chairman. And while acknowledging that this was a temporary position, Mr Giadom has repeatedly said that he will only accept decisions taken by the party’s larger decision-making organ, the National Executive Committee (NEC).
Only one member of the party’s NWC, Mr Salisu Mohammed, the APC’s National Vice-Chairman (North-East), himself an avowed critic of Mr Oshiomhole, had supported Mr Giadom.
Mr Buhari’s public declaration of support for Mr Giadom has suddenly changed the APC’s internal dynamics. While the president is perceived as not being a natural politician, no party member would want to publicly challenge the president or oppose his choice of party chief.
Mr Eze Chukwuemeka Eze, an APC leader in Rivers and a supporter of Mr Giadom, praised the president for taking a position on the contentious leadership tussle.
He said that the APC’s NEC should confirm Mr Giadom as the National Chairman while it works towards organising a new executive for the party. He asked party members to sheathe their swords and coalesce around Mr Giadom to strengthen the party.
Mr Giadom’s ascendancy also poses a problem to the APC’s governorship candidate in Edo state, Mr Osagie Ize-Iyamu. Mr Iyamu is backed by Mr Oshiomhole who had ensured that his former enemy-turned protege had a clear path to the party’s nomination in Edo.
Mr Ize-Iyamu now finds himself in a bit of a quandary since Mr Giadom had publicly rejected the party primaries that led to Mr Ize-Iyamu’s coronation, raising questions about their legality.
Analysts believe that Ekiti’s Governor, Dr Kayode Fayemi, the cerebral head of the Nigerian Governorship Forum and Mallam Nasir el-Rufai, one of the president’s most vociferous supporters are the arrowheads of a larger group of powerful governors that counts Jigawa’s Badaru, Kebbi’s Bagudu and Ondo’s Akeredolu as members.
The group, which includes other less-visible members, is said to be wary of Mr Oshiomhole’s combative style and his unwavering loyalty to the party’s “National Leader” Ahmed Bola Tinubu, a former governor of Lagos, who is one of Nigeria’s most polarizing svengalis.
Mr Tinubu, one of the most powerful men in Nigerian politics, is widely believed to be eyeing the presidency in 2023 and a formidable coalition of politicians and intellectuals has been trying to stop him. The word in political circles is that powerful Northern dynasts do not want a Tinubu presidency.
President Buhari’s decision to back the faction of the party opposed to former Chairman Adams Oshiomhole and his benefactor, Ahmed Bola Tinubu, has effectively altered the balance of power within the APC and suggests that a clearer picture is emerging in the battle for the presidency in 2023.
General
2027: Court Orders Deregistration of ADC, Four Other Political Parties
By Adedapo Adesanya
Justice Peter Lifu of the Federal High Court in Abuja has ordered the deregistration of the African Democratic Congress (ADC) and four others over failure to meet the constitutional requirements for political parties in the country.
In a judgment, Justice Lifu ordered the Independent National Electoral Commission (INEC) to deregister the affected parties, having failed to secure 25 per cent of the votes in the last general elections in compliance with the provisions of the law.
The five political parties include ADC, Accord (A), Action Alliance (AA), Action Peoples Party (APP) and Zenith Labour Party (ZLP).
Justice Lifu, who earlier dismissed all the multiple preliminary objections filed by the defendants, ordered INEC not to allow the parties to participate in the subsequent elections, including the 2027 general polls, having failed to meet the constitutional threshold.
A group, the Incorporated Trustees of the National Forum of Former Legislators, had filed the suit against the five political parties.
The plaintiff, who also joined the Attorney-General of the Federation (AGF) in the suit, named INEC as the first defendant.
The forum argued that the affected political parties failed to meet constitutional requirements relating to electoral spread and performance.
It contended that political parties were required to secure at least 25 per cent of votes in prescribed elections to remain relevant under the law.
It therefore urged the court to order the deregistration of the parties, insisting that none of the defendants had effectively countered the arguments.
This development comes as the ADC announced former Rivers State Governor, Mr Rotimi Amaechi, as the running mate to its presidential candidate, former Vice President Atiku Abubakar, for the 2027 general election.
It said that the decision followed extensive consultations with party leaders, coalition partners, youth and women stakeholders, and representatives of all geopolitical zones.
“The National Leadership of the African Democratic Congress (ADC), after extensive consultations with party leaders, coalition partners, youth and women stakeholders, and representatives of all geopolitical zones, is proud to announce that Mr Chibuike Rotimi Amaechi has been selected as the vice-presidential candidate of our great party for the 2027 presidential election,” the party disclosed in a statement on Monday.
General
Nigerian Oil and Gas Park to Start Operations Q4 2026
By Adedapo Adesanya
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed that the anticipated Nigerian Oil and Gas Park Scheme (NOGaPS) will become operational by the fourth quarter of 2026.
According to a statement by the General Manager of Corporate Communications Division at NCDMB, Mr Obinna Ezeobi, ahead of the target date for the park located at Emeyal-1, in Ogbia Local Government Area of Bayelsa State, the NCDMB is set to install a 2.5-megawatt Com- pressed Natural Gas (CNG) power plant at the park.
He added that the power plant is one of the key steps to getting the facility operational, as it will provide a reliable and sustainable electricity supply to support industrial operations within the park.
Mr Ezeobi gave the assurance after an assessment visit to the facility by key personnel of the Board.
According to the statement, the tour revealed significant progress across key infrastructure and support systems designed to position the facility as a major industrial hub for Nigeria’s oil and gas industry.
It added that the Nigerian Oil and Gas Park Scheme was conceived to deepen Nigerian Content by providing a conducive environment for the manufacturing of components, equipment and other inputs required by the oil and gas industry, while creating employment opportunities for over 2000 persons when fully operational, and stimulating economic growth.
The oil and gas park scheme is a purpose-built industrial park with manufacturing shop floors and factories, warehouses, training centres, mini estates, truck parking and holding spaces, fire stations, administrative blocks, and security services, among other things, and is a critical initiative of the board geared towards in-country capacity development through local manufacture of equipment components and spare parts required in the oil and gas industry.
Six parks have been conceptualised and are located in different parts of the country, and they form a key part of NCDMB’s strategy for sustainable local content development and industrialisation. Two of the parks at Odukpani, Cross River State, and at Emeyal 1, Bayelsa State, have been completed, and interested companies have begun to take up shop floors, preparatory to the commencement of operations.
General
Yuno, Onafriq to Unlock Pan-African Payments for Global Merchants
By Modupe Gbadeyanka
A partnership for the integration of Onafriq’s leading pan-African payment network into Yuno’s orchestration platform has been entered into between the two organisations.
This collaboration gives merchants a single connection to Africa’s most expansive payments infrastructure, bringing the continent’s most expansive payments infrastructure to merchants worldwide.
Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly one billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors, all through Yuno’s single, developer-friendly API.
The partnership is part of Yuno’s broader strategy to build a truly global platform that connects merchants to every meaningful payment method and network, regardless of geography. Following successful expansion in the Middle East, Europe, and Asia, Africa is a key pillar of Yuno’s next phase of growth.
For Onafriq, the integration with Yuno extends its reach to an entirely new segment of global merchants who now benefit from a streamlined entry point into African markets. The partnership reinforces Onafriq’s mission of making borders matter less, bringing together mobile money operators, banks, fintechs, and enterprises into one connected payment ecosystem.
“Africa represents one of the most exciting growth opportunities in global commerce, and yet too many merchants are still locked out by payment infrastructure that wasn’t built for scale.
“Our partnership with Onafriq changes that. By bringing their unmatched African network into our infrastructure layer, we’re giving our clients a single path to a continent-wide ecosystem with the reliability, compliance, and local depth they need to grow with confidence,” the chief executive of Yuno, Mr Juan Pablo Ortega, stated.
Also commenting, the chief executive of Onafriq, Mr Dare Okoudjou, said, “Africa’s payment landscape has never lacked ambition or momentum; what it needed is the right infrastructure that matches its pace.
“Our partnership with Yuno changes the equation for global merchants who want to be part of this growth story. Through a single connection, global merchants can reach consumers and businesses across Africa more seamlessly than ever before, while more people across the continent gain access to the digital economy on their own terms. For us, this is what making borders matter less looks like in practice.”
Onafriq’s infrastructure supports the full payment lifecycle, from real-time disbursements and omnichannel collections to card issuance, treasury management, and stablecoin settlement, all underpinned by local regulatory licences and ISO 27001 and CMML3-certified security.
For Yuno’s merchant base, this means the ability to pay out to mobile wallets, bank accounts, or cash pickup points, and accept payments across channels, without managing multiple integrations or compliance frameworks independently.
The integration is now live and available across Egypt, Ghana, Kenya, Nigeria, Cameroon, Côte d’Ivoire, and Uganda. Yuno’s clients can access Onafriq’s capabilities, including mobile money disbursements and collections, card issuance, and FX treasury services, directly from the Yuno dashboard with no additional contract or integration required.
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