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.
By Adedapo Adesanya
The National Economic Council (NEC) has approved a $4.5 billion arrangement for the Nigerian National Petroleum Company (NNPC) Limited aimed at strengthening the country’s external reserves and freeing up funds for infrastructure.
This is part of the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion facility named “Project Gazelle 2”.
The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves and support ongoing fiscal and infrastructure priorities of the government.
NEC’s approval followed a presentation by the Minister of Finance, Mr Taiwo Oyedele, which was presented by the Chairman of the Council, Vice President Kashim Shettima, underscoring the importance of the project.
NEC observed the significance of unlocking additional liquidity to the federation, among other benefits, pledging its support for the actualisation of the initiative.
The Finance Minister explained that the refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of oil per day – a 12.5 per cent reduction.
He noted that under the new arrangement, an additional 11,250 barrels of oil per day for the federation will be released, while there will be a reduction in the pledged crude volumes by the state oil company.
Mr Oyedele added that while accessing additional liquidity on improved terms, the arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures.
“The arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures,” he said.
VP Shettima called for a responsive, scalable, and data-driven social protection policy to tackle multidimensional poverty in Nigeria.
According to Mr Shettima, government policies are often heard before they are seen, speak through the price of food, condition of hospitals, records in schools, strain on families, the confidence of those who invest their labour in the nation’s future, and, very importantly, the ambitions of state governments.
He implored members of Council to ensure that every decision they make assure the citizens “that their government is paying attention to the pulse of the nation and is resolved to respond with competence, compassion and purpose.”
By Modupe Gbadeyanka
Members of the public have been invited to submit memoranda and policy proposals on the proposed National Policing Bill.
The Chairman of the Working Group, Mr Femi Gbajabiamila, announced this on Monday after the team’s meeting at the State House in Abuja.
The group, headed by the Chief of Staff to President Bola Tinubu, is calling for input from Nigerians as part of efforts to establish a comprehensive legal and operational framework for state policing.
It is reviewing the Police Act 2020, the Police Service Commission framework, police regulations, and other relevant laws to support the development of an effective, modern policing system.
The proposed framework will set national minimum standards, define state readiness and grant certification, clarify jurisdictional responsibilities, ensure independent oversight, uphold human rights, and guarantee sustainable funding. It would also spell out an orderly transition to a dual-policing structure.
The call for memoranda will run for two weeks, allowing citizens, professionals, civil society, security agencies, state and local governments, academics, and other stakeholders to contribute. Submissions will be reviewed and integrated into the draft bill, which will then be subject to further national consultation before being finalised and sent to the National Assembly.
The Working Group has adopted a seven-week work programme running from July 27 to September 14, 2026. The draft Executive Bill is scheduled for presentation to President Bola Ahmed Tinubu on September 3, 2026, with national consultations to follow before the final approval.
The new National Policing Bill will set out requirements for recruitment, training, oversight, funding, and transition arrangements to ensure credible, effective, and accountable policing nationwide.
“A proposed State Police Service must demonstrate that it has credible arrangements for recruitment, vetting, training, pay, pensions, equipment, custody, complaints, discipline, data, firearms control, independent oversight and financial sustainability before it begins policing,” Mr Gbajabiamila said.
The representative of the Nigeria Governors’ Forum and Governor of Ogun State, Dapo Abiodun, who described State Police as a landmark reform, described the initiative as one of the defining reforms of President Tinubu’s administration.
Responding to concerns about federal overreach, he clarified that there is no Federal attempt to control State Police. He added that the proposed legislation is intended to provide an operational framework rather than centralise control.
Prince Lateef Fagbemi, the Attorney-General of the Federation and Minister of Justice, said the proposed National Policing Bill is designed to guarantee the security of lives and property while ensuring that the establishment of state police does not become a tool for political persecution.
The Attorney-General added that states not immediately ready to establish their own police services would continue to benefit from the presence of the Federal Police until they meet the required standards.
Other participants at the meeting included the Inspector General of Police, Tunji Disu; President of the Nigerian Bar Association, Afam Osigwe; Chairman, Policy Advisory Committee, Justice Abdullahi Liman (rtd); Professor Olu Ogunsakin, Head, Nigeria Police Reform Secretariat; Senior Special Assistant to the President on Planning and Research, Nnadubem Moghalu; and Brigadier General Olutayo Muyiwa Adesuyi, representing the National Security Adviser.
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a 30 per cent reduction in gas imbalance on the country’s Western Network following the conclusion of its first-half 2026 Nigerian Gas Network Reconciliation (NGNR) Workshop.
The workshop brought together gas transporters, suppliers, shippers and off-takers to reconcile gas volumes traded between January and June 2026, while introducing a Network Entry/Exit Point Measurement Infrastructure Audit Template aimed at improving metering accuracy and accountability across the gas transmission network.
In a communiqué issued after the workshop, the authority said participants also reviewed the performance of the Nigerian Gas Transmission Network, assessed progress on major pipeline infrastructure projects, and received updates on the ELPS Gas Shrinkage Factor and Hydraulic Modelling Project.
Discussions focused on addressing metering gaps, improving network visibility through Supervisory Control and Data Acquisition (SCADA) integration, and enhancing system reliability ahead of the commissioning of the Ajaokuta-Kaduna-Kano (AKK) Pipeline System.
The workshop adopted key resolutions, including the execution of outstanding Network Exit Agreements, mandatory submission of measurement audit templates and closer collaboration among industry stakeholders to improve network pressure management.
Speaking at the closing session on behalf of the authority’s chief executive, Mr Rabiu A. Umar, the Director of Transportation Systems and Networks, Mr Joseph G. Musa, said the biannual reconciliation exercise had become critical to promoting equitable gas transactions, transparency, investor confidence and efficient network operations.
Mr Musa noted that since the NGNR process was introduced in 2023, it had significantly improved gas measurement, strengthened regulatory compliance through consequence management, reduced operational imbalances and contributed to a more reliable domestic gas supply.
The workshop concluded with participants adopting the reconciled H1 2026 gas volumes, reaffirming the authority’s commitment to a transparent, efficient and reliable domestic gas market.
