General
CNPP Accuses APC, PDP of Undermining Democratic Growth
By Modupe Gbadeyanka
The ruling All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) have been accused of gradually undermining democratic growth by failing to live up to their democratic responsibility to the nation.
This allegation was made by the Conference of Nigeria Political Parties (CNPP) in a statement issued in Abuja by its Secretary-General, Mr Willy Ezugwu.
The group, which is the umbrella association of all registered political parties and political associations in the country, noted that the two political parties have continued on the part of impunity as a result of lack of internal party democracy and other cornerstones of democracy.
According to the CNPP, this has resulted in the emergence of factions and cliques in the parties after every election or party primary.
“Due to the continued indulgence in anti-democratic tendencies, internal democracy in Nigeria’s political parties has continued to nose-dive in the last 22 years of our democratic experiments.
“The two self-acclaimed biggest political parties in Nigeria, the APC and the PDP have continued to clench on practices that negate the core tenets of democracy globally, leading to stagnated growth of Nigeria’s democracy and the sustenance of bad governance at all levels of government.
“As a result of lack of interest in such cornerstones of democracy like freedom of speech and rights to hold a divergent opinion, inclusiveness and equality, citizenship, consent of the governed in decision making, and trampling on their rights to choose their leaders, among others, Nigerians have continued to wallow in wants and penury in the midst of plenty.
“This is why the two parties have continued to manipulate the country’s political space, exchanging members and elected officials who decamp at will and maintaining a high level of disregard to their own party’s constitution such that the courts have become the last resort for most aggrieved members who can afford the cost of litigation.
“The internal conflict resolution mechanisms in both political parties are either hijacked by competing godfathers or such mechanisms are comatose, merely existing in their party constitutions.
“As impunity has continued to thrive in the two political parties, the consequence is the unending emergence of factions and cliques of aggrieved members at the end of every internal election, including congresses and primary elections.
“Nigeria’s democracy cannot advance beyond where we are as the country will continue to recycle corrupt politicians and their cronies that end up impoverishing the populace. This will remain our experience if the bar of internal democracy and adherence to the cornerstones of democracy is not raised and given priority by the two dominant parties.
“We, therefore, challenge the APC and the PDP, as leading political parties, to live by the example of standards of democratic parties as we approach the 2023 general elections. This will not only deepen democracy in the country but also ensure that the people’s rights to choose their leaders within the parties and at general elections are upheld without manipulations, rigging or impositions,” the CNPP stated.
General
Court Affirms Seizure of $13m from Aisha Achimugu, Oceangate
By Adedapo Adesanya
Justice Emeka Nwite of the Federal High Court in Abuja has affirmed the final forfeiture of $13 million linked to a Lagos socialite, Ms Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Limited, to the federal government of Nigeria.
Delivering judgment, Justice Nwite held that the Economic and Financial Crimes Commission (EFCC) established that the foreign currency was proceeds of fraud and unlawful activities.
The judge further held that Oceangate Engineering Oil & Gas Limited failed to establish how it came by the money, saying the anti-money laundering agency satisfied all requirements for the funds to be classified as proceeds of fraud and to be forfeited to the appropriate authority.
He dismissed the claims that the $13 million was gifts received into the Oceangate Engineering Company by Ms Achimugu, adding that the woman never came to the court to show cause why the huge amount of money should not be forfeited to the government.
He held that no single person who gave the monetary gift to Aisha Achimugu to the tune of $13 million was called to testify.
The judge further held that the burden to establish genuine ownership of the money was not established by the applicant to counter the claims of the anti- graft agency that the money was the proceeds of fraud based on its investigation.
According to the judge, Oceangate Engineering Company did not show the business it undertook that fetched it the money, nor did it show whether any payment was made to it by any of its customers.
Justice Nwite had, on August 22, 2025, granted the anti-graft agency’s motion ex parte for an interim order forfeiting the sum of $13 million linked to Oceangate Ltd to the Federal Government over allegations that the fund was proceeds of unlawful activity.
The judge had then directed the commission to publish the order in a national daily for interested people to show cause within 14 days why the fund should not be permanently forfeited to the federal government.
General
FG Targets Research Commercialisation with New Committee
By Adedapo Adesanya
The federal government has inaugurated a 17-member Planning Committee to coordinate the National Flag-Off of the Energise Commercialisation Now (ECoN) Initiative, a flagship programme aimed at transforming research outputs into economic value.
Speaking at the inauguration in Abuja, the Permanent Secretary of the Ministry of Innovation, Science and Technology, Mr Philip Ndiomu Ebiogeh, described the initiative as a strategic intervention to convert Nigeria’s vast research and innovation outputs into market-ready products, scalable enterprises, and job-creating opportunities.
He noted that ECoN will mobilise stakeholders nationwide to identify bankable innovations and accelerate their transition from laboratories to the marketplace, stressing that the country must move beyond theoretical research to practical solutions that drive industrial growth and national prosperity.
The Permanent Secretary disclosed that the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, had earlier briefed the First Lady, Mrs Oluremi Tinubu, on the initiative and proposed her as a champion of the programme, with the national flag-off scheduled for Kano State.
He explained that Kano was deliberately selected due to its historic role as a commercial and industrial hub, offering strong potential to attract investment, stimulate enterprise, and create jobs.
The Committee is chaired by the Minister, with the Permanent Secretary as Co-Chairman, while the Director-General, National Biotechnology Research and Development Agency, NBRDA, and the Director-General, Sheda Science and Technology Complex, SHESTCO, serve as Alternate Chairmen.
Members include Professor Nnayelugo Ike-Muonso, Dr Kazeem Kolawole Raji, Dr Jummai Adamu, Dr (Mrs) Obiageli Amadiobi, Dr Kabiru Mu’azu, Dr Anwal Mustapha, Engr Ibiam Oguejiofo, Mr Moses Fatogun, Mr Adamu Sulaiman (a representative of SMEDAN), Dr Prince Lawrence Eze, Mr Sani Garba, Dr Muhammad Mustapha, Dr Chioma Okeke, Mr Luther Onyemkpa, Mr Charles Egumgbe, and Dr Nwankwo Nnenna serving as Secretary.
The national flag-off is proposed for late April or early May 2026, subject to Presidential approval.
The Ministry reaffirmed its commitment to positioning innovation as a key driver of economic diversification and sustainable development, in line with President Bola Tinubu’s Renewed Hope Agenda.
General
MSC Pauses Tariff Hike After Nigerian Shippers Council’s Directive
By Adedapo Adesanya
Switzerland-headquartered global shipping giant, Mediterranean Shipping Company (MSC), has complied with the directive of the Nigerian Shippers’ Council (NSC) to suspend the implementation of its new tariff pending consultations with stakeholders.
In a customer advisory titled Temporary Suspension of New Tariff Implementation, the shipping line stated that the tariff regime in place before the recent increase would remain effective until further notice.
Business Post reported a few days ago that freight forwarders picketed the offices of MSC, protesting the recent increase in shipping line tariffs. They blocked the regulators from accessing the MSC premises to address the matter.
Despite the protests, the council’s attempt to engage the aggrieved freight forwarders in discussions was resisted, as the protesters insisted that there was no basis for dialogue and vowed to continue the protest until the increased charges were immediately reversed.
In the latest directive, the shipping company said, “We wish to inform our esteemed customers that the recently implemented tariff adjustment has been temporarily suspended, following a directive from the NSC. This suspension is pending the conclusion of ongoing engagements and resolution with the regulator.”
“Accordingly, the tariff regime applicable prior to the recent increase will remain in force until further notice, as mandated.”
The company further assured customers that updates would be communicated once a final decision is reached by the Nigerian Shippers’ Council.
“We remain fully committed to regulatory compliance, transparency, and protecting the interests of our customers. Further updates will be communicated promptly once a definitive position is issued by the Nigerian Shippers’ Council. We appreciate your understanding and continued cooperation,” the advisory added.
NSC had warned that prolonged industrial disputes within the maritime sector could disrupt port operations and negatively impact trade and economic activities.
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