General
Atiku Quits APC, Keeps Mum on Next Party to Join
By Dipo Olowookere
Former Vice President, Mr Atiku Abubakar, has announced his resignation from the ruling All Progressives Congress (APC).
In a letter titled ‘Statement of resignation of His Excellency Atiku Abubakar (Waziri Adamawa) Vice President of Nigeria, 1999-2007 from the All Progressives Congress,’ Mr Atiku explained that he has put an end to his membership of the party after due consultations.
The former Vice President to Mr Olusegun Obasanjo has not hidden his intention to be President of Nigeria and he is believed to have a similar ambition in 2019.
However, he may not likely achieve this aim in the next election under the APC because some groups have tipped President Muhammadu Buhari to go for a second term in office.
Below is Mr Atiku’s statement announcing his resignation from the APC.
On the 19th of December, 2013, I received members of the All Progressives Congress at my house in Abuja. They had come to appeal to me to join their party after my party, the Peoples Democratic Party, had become factionalized as a result of the special convention of August 31, 2013.
The fractionalization of the Peoples Democratic Party on August 31, 2013 had left me in a situation where I was, with several other loyal party members, in limbo, not knowing which of the parallel executives of the party was the legitimate leadership.
It was under this cloud that members of the APC made the appeal to me to join their party, with the promise that the injustices and failure to abide by its own constitution which had dogged the then PDP, would not be replicated in the APC and with the assurance that the vision other founding fathers and I had for the PDP could be actualized through the All Progressives Congress.
It was on the basis of this invitation and the assurances made to me that I, being party-less at that time, due to the fractionalization of my party, accepted on February 2, 2014, the hand of fellowship given to me by the All Progressives Congress.
On that day, I said “it is the struggle for democracy and constitutionalism and service to my country and my people that are driving my choice and my decision” to accept the invitation to join the All Progressives Congress.
Like you, I said that because I believed that we had finally seen the beginnings of the rebirth of the new Nigeria of our dreams which would work for all of us, old and young.
However, events of the intervening years have shown that like any other human and like many other Nigerians, I was fallible.
While other parties have purged themselves of the arbitrariness and unconstitutionality that led to fractionalization, the All Progressives Congress has adopted those same practices and even gone beyond them to institute a regime of a draconian clampdown on all forms of democracy within the party and the government it produced.
Only last year, a governor produced by the party wrote a secret memorandum to the president which ended up being leaked. In that memo, he admitted that the All Progressives Congress had “not only failed to manage expectations of a populace that expected overnight ‘change’ but has failed to deliver even mundane matters of governance”.
Of the party itself, that same governor said “Mr President, Sir Your relationship with the national leadership of the party, both the formal (NWC) and informal (Asiwaju Bola Tinubu, Atiku Abubakar, Rabiu Musa Kwankwaso), and former Governors of ANPP, PDP (that joined us) and ACN, is perceived by most observers to be at best frosty. Many of them are aggrieved due to what they consider total absence of consultations with them on your part and those you have assigned such duties.”
Since that memorandum was written up until today, nothing has been done to reverse the treatment meted out to those of us invited to join the All Progressives Congress on the strength of a promise that has proven to be false. If anything, those behaviours have actually worsened.
But more importantly, the party we put in place has failed and continues to fail our people, especially our young people. How can we have a federal cabinet without even one single youth.
A party that does not take the youth into account is a dying party. The future belongs to young people.
I admit that I and others who accepted the invitation to join the APC were eager to make positive changes for our country that we fell for a mirage. Can you blame us for wanting to put a speedy end to the sufferings of the masses of our people?
Be that as it may be, after due consultation with my God, my family, my supporters and the Nigerian people whom I meet in all walks of life, I, Atiku Abubakar, Waziri Adamawa, hereby tender my resignation from the All Progressives Congress while I take time to ponder my future.
May God bless you and may God bless Nigeria.
By Adedapo Adesanya
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 11 individuals, including seven Chinese nationals, for engaging in illegal mining of ilmenite in the Eastern Obolo Local Government Area of Akwa Ibom State.
Ilmenite, the mineral allegedly mined illegally, is a key source of titanium and is in high demand globally for use in aircraft manufacturing, paints, and electronics.
According to the EFCC, the suspects were apprehended at Emem-Asuk community, where they were reportedly operating two unauthorized mining sites.
The group was caught while setting up equipment at a second location, having already begun the illegal extraction of ilmenite, at their first site.
Those arrested included Chinese nationals Yang Chaobao (32), Zhong Dun Yi (33), Cheng Jiang (35), Zhong Dun Long (37), Pan Peiming (33), Lai Yiping (37), and Zhu Lekun (35). Their Nigerian collaborators are David Israel (18), Jonah Bartholomew Jim (24), Samuel Samuel Timothy (20), and a female interpreter, Comfort Gabriel Ajaga (23).
In her statement to investigators, Ms Ajaga, the only female suspect, claimed she had no direct role in the mining operations.
“I am a student studying Chinese language at a Learning Centre in Anambra State. I only work with them as a translator,” she told EFCC operatives.
Preliminary findings indicate the suspects lacked the requisite permits or licences to carry out mining operations at either location.
The EFCC says the arrests are part of its ongoing efforts to clamp down on economic sabotage and environmental crimes in Nigeria’s extractive industries.
“The suspects will be charged to court upon conclusion of investigation,” the EFCC said in a statement posted on X.
This development underscores growing concerns over the influx of illegal mining operations in Nigeria, often run by foreign syndicates with local collaborators, leading to revenue losses and ecological degradation.
The EFCC has stepped up efforts to enforce the laws against illegal mining as part of a wider national effort to curb the activity.
By Aduragbemi Omiyale
The chief executive of the Nigerian Exchange (NGX) Group Plc, Mr Temi Popoola, has joined others to celebrate the chairman of Choice International Group (CIG), Ms Diana Chen, on her birthday.
Mr Popoola described the business magnate and philanthropist as “a powerful bridge-builder whose life reflects the influence of networks built on trust, loyalty, and shared vision.”
Speaking at a high-level panel session held in her honour, the NGX Group chief praised Ms Chen as a living testament to the impact of purposeful connection, reflecting on the enduring power of relationships and networks in leadership and legacy-building.
He emphasized that in Africa’s evolving economic and social landscape, success is not just measured by milestones or material wealth, but by the quality of one’s relationships and ability to empower others.
“In a world that is constantly changing, one thing that remains timeless is the strength of your relationships and the quality of your network. These connections are the true capital that sustain us, both in business and in life,” he said.
Mr Popoola also reflected on the power of mentorship, sharing personal insights and stories from Nigerian students in China whose lives have been positively shaped by Chief Chen’s work.
“There’s a kind of calmness, clarity, and drive that comes from living with purpose,” he added, noting that, “Mentorship is not always structured; often, it is embedded in how people feel seen, supported, and guided.”
He stated that true leadership is about intentional impact, shaping people and systems through vision, service, and relationships that endure.
In a country like Nigeria, where challenges often intersect with opportunity, he said leaders must be grounded in purpose and committed to lasting influence.
Ms Chen has consistently championed a model of growth that blends commerce with community, and industry with identity.
In Nigeria, her vision is most evident in sectors such as mobility, renewable energy, education, and public infrastructure, where CIG is actively helping to redefine the landscape of industrial development.
By Adedapo Adesanya
Power distribution companies (Discos) are still falling short when billing customers despite receiving more electricity for distribution, according to the latest report released by the Nigerian Electricity Regulatory Commission (NERC).
An analysis by Business Post on the May 2025 factsheet shows that while Discos received 2,774.49 GWh of electricity, which translates to a 5.80 per cent increase compared to April, and billed out 2,255.51 GWh, billing efficiency dropped by 2.01 percentage points, settling at 81.29 per cent.
This means nearly 19 per cent of the electricity distributed to consumers remains unbilled, compounding the financial woes in the power sector.
Billing efficiency reflects the ratio of energy billed to the total energy received by Discos. The decline indicates that a significant portion of the energy supplied is either not recorded, lost, or distributed to customers without proper metering, all of which contribute to revenue loss.
The data from NERC during the review month also showed that out of the N261.82 billion billed to customers in May, only N191.57 billion was collected. This reflects a collection efficiency of 73.17 per cent, down by 4.42 per cent from April.
In terms of revenue recovery, Discos were allowed to collect an average of N116.25/kWh, but they managed to recover only N82.05/kWh, pushing recovery efficiency down to 70.58 per cent, a 7.32 per cent drop from the previous month.
On the billing front, Benin, Ikeja, and Eko Discos led the pack, maintaining high billing efficiencies of 88.73 per cent 87.44 per cent, and 87.62 per cent, respectively.
The factsheet showed that Eko Disco also recorded one of the highest improvements in collection performance, suggesting a solid overall commercial strategy.
On the other end, Yola Disco fared the worst, with a billing efficiency of just 63.45 per cent, and a collection efficiency of 50.59 per cent. Jos and Kaduna Discos also reported worrying figures, showing deep cracks in their billing and revenue structures.
An improvement in Nigeria’s billing and collection efficiency could help mitigate challenges amid efforts to increase power generation and supply.
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