General
Obasanjo’s Endorsement: SERG Urges Atiku, Tinubu to Step Down for Obi
By Modupe Gbadeyanka
The presidential candidates of the Peoples Democratic Party (PDP), Mr Atiku Abubakar, and his counterpart in the All Progressives Congress (APC), Mr Bola Tinubu, have been urged to step down for the candidate of the Labour Party, Mr Peter Obi.
This appeal was made by a pan-Igbo socio-political pressure group, the South East Revival Group (SERG), in a statement signed by its president and national coordinator, Mr Willy Ezugwu.
This is coming a few days after former President Olusegun Obasanjo openly endorsed the former Governor of Anambra State for the race.
In a letter addressed to the youths on January 1, 2023, Mr Obasanjo said Mr Obi remains the only candidate that could rescue Nigeria from hell on earth he said the current administration of President Muhammadu Buhari had plunged the country into.
Reacting to this, SERG described Mr Obasanjo’s endorsement as “a welcome development,” saying that based on equity, fairness, and justice, it was really the turn of the South East to produce the next president of Nigeria.
“The late second republic Governor of Kaduna State, Alhaji Abulkadir Balarabe Musa, in an interview with Channels Television on September 19, 2019, unambiguously proposed that the South East region should produce the next president come 2023, arguing that zoning the next presidency to the region will not only give the Igbos a sense of belonging in Nigeria but will also promote national unity and cohesion.
“In his interview with Vanguard on July 25, 2020, the late statesman insisted that for the sake of peace, justice and national unity, the presidency should go to the South East region of the country in 2023.
“According to the former governor, since the North, South West and South-South have all had a shot at the presidency, it will be morally wrong if any of the zones contest the presidency in 2023 against the South East that has not tasted power since the return to democracy in 1999.
“On its part, the Yoruba socio-cultural organisation, Afenifere, also called for a Nigerian of South East extraction to lead the country come 2023.
“Afenifere leader and elder statesman, Pa Ayo Adebanjo, observed that based on morality, the South East region should produce the next president in the spirit of fairness and unity.
“The elder statesman also reasoned further that since his South-West region has had its turn with former President Olusegun Obasanjo and Vice President Yemi Osinbajo, the South-South with ex-President Goodluck Jonathan, political parties should not hesitate to see the South East as the next in line.
“On April 26, the Leadership newspaper reported that the Southern and Middle Belt Leaders urging all political parties to zone their presidential tickets to the South East to cement unity and fairness in the country.
“The regional leaders reiterated that most of the zones in the country have had their people occupy the presidential villa, adding that the South East has qualified candidates in all political parties that can be president in 2023.
“These Nigerian elders and statesmen, who have seen it all, cannot be wrong in their unanimous calls.
“With peace eluding the country, not just because of agitations in most parts of the country but also in view of the increasing insecurity and poverty, rotation of the Presidency remains the panacea for attaining national unity and transformational development.
“From the words of our elders, rotational Presidency is the most viable option for nation building and in the quest to evolve a country where all citizens have equal rights to positions of authority, rather than the skewed political leadership practised in the country since the post-civil war politics in Nigeria,” the group stated.
“Secondly, the South East has produced the best candidate among the contenders who is unarguably the most prepared for tackling the current security and economic challenges bedevilling Nigeria. To crown it all, Mr Peter Obi has picked one of the most qualified young men from the North, Senator Yusuf Datti Baba-Ahmed, as his running mate.
“It was surprising that in the build-up to the primary elections, the South East was tactically excluded from the race by selfish politicians in both the PDP and the APC as their presidential tickets went to the highest bidders, rather than to the most competent to lead Nigeria.
“But, by divine providence and in the wisdom of the Nigerian people, a third force was birthed, and Mr Peter Obi and Senator Yusuf Datti Baba-Ahmed became the anointed joint ticket for the task of rebuilding our country, which has been troubled by ethnicity and religion in recent times.
“It has been argued that the North East and the South East have not produced a President of Nigeria since the return to democracy in 1999, but in the interest of justice, it would be unthinkable for a northerner to take over from President Muhammadu Buhari who himself is of Northern extraction come May 29, 2023.
“Therefore, the Obi-Datti presidential ticket is an opportunity to unite Nigeria and promote justice and equity for national integration development.
“Today, we are excited that Nigerians have seen the need to give unto themselves the best and most qualified presidential and vice presidential candidates in the person of Mr Peter Gregory Obi and Senator Yusuf Datti Baba-Ahmed, who are youthful and have no baggage of corruption. Both have come to the race with a verifiable track record of performance in both the public and private sectors.
“The public endorsement of the joint ticket by former President Olusegun Obasanjo has given the country direction and hope for national recovery after years of maladministration and mismanagement of Nigeria’s natural endorsements.
“We then call on the presidential candidates of the PDP and the APC to toe the path of honour and immediately step down for Peter Obi as it is the right thing to do at this time of our national leadership deficit,” SERG added.
General
Swedfund Puts Down $20m for Green Business Growth in Africa
By Aduragbemi Omiyale
About $20 million has been put down by Swedfund to support efforts that limit climate change in Africa and help communities adapt to its effects.
The funds would be deployed by the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to back African companies that reduce emissions, strengthen resilience and create green jobs.
Swedfund’s investment is expected to contribute to significant cuts in greenhouse gas emissions and to help businesses and small farmers adapt to a changing climate.
The investment strengthens Swedfund’s work to drive a sustainable and inclusive green transition in Africa.
Africa contributes less than 3 per cent of global carbon emissions but faces some of the most severe climate impacts. At the same time, the continent’s energy demand is expected to triple by 2050.
Swedfund’s investment in Helios CLEAR will help channel capital to businesses that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.
“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people.
“Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous.
“Through Helios CLEAR we help build the next generation of African climate-focused businesses,” the Investment Director for Energy and Climate at Swedfund, Ms Gunilla Nilsson, stated.
Helios CLEAR Fund is a Pan African growth equity fund managed by Helios Investment Partners, one of Africa’s leading private equity firms.
The fund targets investments that deliver measurable climate mitigation and adaptation outcomes. The fund is supported by multiple development finance institutions.
General
Lawmaker Alleges Alterations in Gazetted Tax Laws
By Modupe Gbadeyanka
A member of the House of Representatives, Mr Abdussamad Dasuki, has alleged that the gazetted tax laws are different from the ones passed by the National Assembly.
Speaking on Wednesday during plenary at the green chamber, the opposition lawmaker the emphasised that content of the tax laws as gazetted was not what members of the parliament debated, voted on and passed.
In June 2025, President Bola Tinubu signed the four tax reform bills into law, becoming an act. The new laws are the Nigeria Tax Act (NTA), 2025, the Nigeria Tax Administration Act (NTAA), 2025, the Nigeria Revenue Service (Establishment) Act (NRSEA), 2025, and the Joint Revenue Board (Establishment) Act (JRBEA), 2025.
In September, they were gazetted by the federal government.
On the floor of the House yesterday, presided over by the Speaker, Mr Tajudeed Abbas, Mr Dasuki, while raising a matter of privilege, after reviewing the gazetted law and what was passed, he found out some discrepancies, appealing to the Speaker to ensure that all relevant documents, including the harmonised versions, the votes and proceedings of both chambers, and the gazetted copies currently in circulation, are brought before the Committee of the Whole for scrutiny by all members.
He warned that allowing laws different from those duly passed by the National Assembly to be presented to Nigerians would undermine the integrity of the legislature and violate constitutional provisions.
“Mr. Speaker, I will be pleading that all the documents should be brought before the Committee of the Whole.
“The whole members should see what is in the gazetted copy and see what they passed on the floor so that we can make the relevant amendment. Mr Speaker, this is the breach of the Constitution.
“This is the breach of our laws, and this should not be taken by this House,” Mr Dasuki said when rising under Order Six, Rule Two of the House Rules on a Point of Privilege.
In his remarks, Mr Abbas promised that the parliament would look into the matter.
General
Mining Marshals Reclaim 90 Illegal Sites, Prosecute 300 Offenders
By Adedapo Adesanya
Over 90 illegal mining sites have been reclaimed and 300 offenders prosecuted since the deployment of the Mining Marshals, a specialised task force established to secure Nigeria’s mineral assets.
This information was disclosed by the Minister of Solid Minerals Development, Mr Dele Alake, at the South West Leaders Conference held recently in Akure, the Ondo state capital.
He described the crackdown as a turning point in the battle against mineral theft and insecurity in mining communities.
“We created the Mining Marshals to tackle insecurity and illegal mining head-on. I’m proud to say that peace is returning to our mining fields,” he said.
According to Mr Alake, the initiative has strengthened investor confidence and improved government revenue.
“When you protect the minerals, you protect national wealth. That’s exactly what we’ve done with the Mining Marshals,” he stated.
He noted that beyond arrests and reclamations, the Marshals have restored safety in key mining corridors and curbed the activities of illegal foreign operators. “We are taking back control of our natural resources from criminal networks,” Mr Alake emphasised.
The minister reiterated the government’s commitment to maintaining the momentum through digital surveillance, stronger local intelligence, and inter-agency coordination.
“Our success proves that security is the bedrock of sustainable mining. We will keep refining this model until every site in Nigeria is safe, legal, and productive,” he added.
Launched last year, the marshals were given the mandate to stem theft and all nefarious activities around the nation’s minerals so that benefits are not extracted by the wrong people.
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