General
Nigerians Ready to Forgive PDP, Kick Out APC in 2019—Ologbondiyan
By Modupe Gbadeyanka
The newly elected National Publicity Secretary of the Peoples Democratic Party (PDP), Mr Kola Ologbondiyan, has disclosed that Nigerians will forgive his party and eject the ruling All Progressives Congress (APC) from power in 2019.
Mr Ologbondiyan made this disclosure on Monday on a live programme aired by RayPower FM called Political Platform, which was monitored by Business Post.
The opposition spokesman, while reacting to comments made by his counterpart in the APC, Mr Bolaji Abdullahi, who was his former colleague at ThisDay Newspaper, where the pair worked on the political desk of the paper, described as shameful the inability for the APC to conduct meetings, congresses and convention in the last three years in total violation of the party’s constitution.
Mr Ologbondiyan described the just-concluded National Convention of the PDP as one of the most credible in recent times.
“We (PDP) believe Nigerians have forgiven us for our past mistakes and are ready to vote out the APC in 2019 because they (Nigerians) are tired of the party’s deceits.
“There are queues at the petrol stations everywhere in the country for fuels. Even, Nigerians do not have the money to purchase the fuel,” the PDP spokesman said.
Earlier, Mr Ologbondiyan, in a statement, stated that, “Nigerians have come to discover that APC is a fraud, an organization of deceitful characters who have failed to keep a single of its countless promises made to the citizens.
“It is no longer news that the nation is drifting under APC and the PDP has come to the rescue. We must therefore remind the APC that the era of deceit, trickery and scaremongering, which has been the hallmarks of their government, is gone and Nigerians are just waiting to kick them out come 2019.”
“It is indeed laughable that the APC which has roundly failed in not only managing the affairs of the country but also its own internal issues would recourse to panic mode just because the PDP has succeeded in uniting its fronts by conducting of a very credible elective National Convention.
“We were very much aware of the plots by the APC to scuttle the convention and failing it has resorted to a failed attempt to discredit an elective convention that has been adjudged as creditable, novel and laudable by political stakeholders and lovers of democracy across the nation.
“This unwarranted attack is only symptomatic of a party that has lost control and only clutching on straws for survival having been outrightly rejected by Nigerians.
“Is it not disgusting, reprehensible and embarrassing that the APC that has repeatedly failed to hold meetings, congresses and convention in the last three years and has flagrantly continued to violate its own constitution is questioning our party’s rights to perform her legitimate and constitutional obligation?
“Perhaps APC leaders have never read Article 25 (A)(i) of their party’s Constitution which stipulates that “the National Convention of the party (APC) shall be held once in two years at a date, venue and time to be recommended by the National Working Committee (NWC) and approved by the National Executive Committee (NEC) subject to the giving of the statutory notices to the Independent National Electoral Commission (INEC) and at least 14 days notice given to members eligible to attend.”
“Which impunity could be higher than APC violating its constitution? It is strange that APC could be moralizing on the principles of social justice whereas its actions against Nigerians are a complete departure from the norms,” he said in the statement.
General
Tinubu in UAE for 2025 Abu Dhabi Sustainability Week
By Modupe Gbadeyanka
President Bola Tinubu on Saturday, January 11, 2025, left the shores of Nigeria for the United Arab Emirates to take part in the 2025 Abu Dhabi Sustainability Week (ADSW 2025).
He was accompanied by the Minister of Foreign Affairs, Mr Yusuf Tuggar, and other senior government officials.
A statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that Mr Tinubu was invited for the event by his UAE counterpart, Mr Mohamed bin Zayed Al Nahyan.
He will attend the programme starting from today, Sunday, January 12 to Saturday, January 18, 2025.
However, President Tinubu is expected to return to Nigeria before the end of the summit on Thursday, January 16, 2025.
The event, themed The Nexus of Next; Supercharging Sustainable Progress, is expected to bring together global leaders to accelerate sustainable development and advance socioeconomic progress.
In addition, it will enable policymakers, business, and civil society leaders to explore pathways to fast-track the transformation to a sustainable economy and evolve a new era of prosperity for all.
ADSW, a testament to the power of collaboration, has been held annually for over 15 years. It provides a global platform to foster multi-stakeholder cooperation in addressing global challenges and accelerating growth.
It has birthed high-value agreements and strategic partnerships between governments, industry leaders, and clean energy pioneers worldwide, driving impactful alliances and advancing the sustainability agenda worldwide.
At the event, President Tinubu will stress his administration’s reforms, including those related to energy sufficiency, transportation, public health, and economic development.
The Nigerian leader and his entourage will also meet with the emirate’s leadership to discuss issues of interest affecting the two nations.
General
Lagos Speaker Mudashiru Obasa Faces Renewed Scrutiny Over Financial Mismanagement
By Dipo Olowookere
The Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, remains at the centre of a storm of corruption allegations that have plagued his tenure.
Critics, anti-corruption groups, and opposition leaders have accused him of financial mismanagement, extravagant spending, and abuse of office, yet no substantive action has been taken against him.
Recent reports by People’s Gazette revealed that the 40-member Lagos State House of Assembly, under Mr Obasa’s leadership, spent over N43 billion on “back-up vehicles for honourable members” between January 2023 and the third quarter of 2024.
This expenditure, part of a larger N90.5 billion disbursed for questionable projects, has raised concerns among Lagos residents about the state’s priorities amid widespread economic hardship.
Budget documents showed the Assembly spent about N30.1 billion on vehicles in 2023 and about N13.3 billion in the first three quarters of 2024. Critics argued that these sums, which equate to roughly N1.1 billion per lawmaker, were frivolous.
Mr Obasa has faced allegations of corruptions since early in his tenure, including reports of owning over 60 bank accounts used to misappropriate public funds. In 2019, People’s Gazette reported that the lawmaker conducted suspicious foreign exchange transactions totaling $2.4 million (N1.1 billion). These funds were allegedly funneled through personal accounts and mutual fund investments.
In October 2020, the Economic and Financial Crimes Commission (EFCC) invited the Speaker for questioning over allegations of fraud. Despite evidence of financial impropriety, including allegations of inflated contracts and misappropriated Assembly funds, the EFCC has yet to take decisive action. Protests led by civil society groups like the Civil Society Network Against Corruption (CISNAC) demanding accountability have yielded little progress.
Mr Obasa has consistently denied these allegations. Speaking at a recent plenary, he dismissed claims of spending N17 billion on constructing a gate as “spurious and funny.”
He also refuted allegations of spending N200 million on a nonexistent thanksgiving service, attributing the accusations to political fear-mongering ahead of the 2027 elections.
However, critics have dismissed these defenses as self-serving. A 2020 House panel, composed of Mr Obasa’s allies, cleared him of wrongdoing—a decision labeled a “kangaroo judgment” by anti-corruption advocates.
Prominent anti-corruption campaigner, Mr Olanrewaju Suraju, has urged the EFCC to act on the mounting evidence against Mr Obasa, warning that his actions undermine legislative independence and public trust.
“These revelations justify the urgent need for mechanisms to enforce probity and accountability in public office,” Mr Suraju said.
Despite the scandals, Mr Obasa appears unperturbed and untouchable, with analysts attributing his survival to political connections and an entrenched culture of impunity.
As Lagos State prepares for the 2027 elections, the Speaker’s continued tenure symbolizes a broader challenge of corruption and governance in Nigeria’s political landscape.
Observers now await further developments as pressure mounts on anti-graft agencies to act decisively.
For Lagos residents, however, the scandals highlight a troubling disconnect between political leadership and the needs of the people.
General
Nigeria Suffers First National Grid Collapse of 2025
By Modupe Gbadeyanka
Residents of Nigeria experienced a power outage on Saturday, January 11, 2025, after the national grid collapsed.
It was the first that occurred this year and it happened at about 3 pm today, according to information gathered by Business Post.
Last year, the nation recorded about 12 grid collapse that almost embarrassed the government, which later set up a team to look into the causes of the frequent collapse of the grid.
It was later that today’s incident occurred after power generation went down from 2,111.01 megawatts at 2:00 pm to about 390.20 megawatts by 4:55 pm.
This development caused a cut in power supply in most parts of the country, but the situation has been brought under control, with electricity restored in most affected areas.
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