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Obaseki Should Forgive Oshiomhole and Return to APC—Eze

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Obaseki Oshiomohole

By Modupe Gbadeyanka

**Urges Ize-Iyamu to Demand Refund of Campaign Expenses from Oshiomhole

The loss of the All Progressives Congress (APC) to the Peoples Democratic Party (PDP) in the just-concluded governorship election in Edo State has continued to generate reactions.

A chieftain of the ruling party at the central government, Mr Eze Chukwuemeka Eze, blamed a former national chairman of the APC, Mr Adams Oshiomhole, for the woeful performance at the poll.

Candidate of the PDP, Governor Godwin Obaseki, was declared as winner of the exercise after polling 307,955 votes to defeat his APC opponent, Mr Osagie Ize-Iyamu, who raked 223,619 votes.

Mr Obaseki became Governor of the state in 2016 under the APC platform but was denied ticket of the party in 2020 after a misunderstanding with his predecessor, Mr Oshiomhole. This forced him to approach the PDP for a ticket to seek a second term in office.

Reacting to the APC loss at the poll held over the weekend, Mr Eze said the leadership style of the former labour leader cost the party the opportunity to retain Edo State.

He said it was unfortunate that Edo State has been added to the league of states like Zamafara, Rivers, Bauchi, Bayelsa, Benue, Sokoto, Adamawa, and Oyo States where “sheer administrative incompetence and gross leadership malady occasioned by the self-styled and kooky steering model of Adams Oshiomole scuttled the electoral chances of the APC and deprived the majority from having their way.”

According to him, the outcome of the Edo gubernatorial election confirmed that “Oshiomhole’s membership of the APC is a curse which has brought brutal misfortune and severe affliction on the party.”

He said the gains and achievements recorded by the party under the “sterling leadership of Mr John Odigie-Oyegun as national chairman have been swept away by the dangerous flood of an unending catastrophe which has overwhelmed the party as a result of Oshiomhole’s disastrous and poor approach to leadership and party politics, stressing that the former labour leader must formally apologise to  President Mohammadu Buhari and members of the APC for the serial embarrassments and heavy damages occasioned by his hinky and very quirky carriage.”

While congratulating Mr Obaseki for striving to extinguish godfatherism in Edo State, he urged the Governor to “forgive Oshiomhole and all those who helped him cause havoc in the APC,” asking him to “begin the process of taking back his position in the progressives family which he described as his natural habitat considering his numerous sacrifices and contributions in the formation of the party, assuring that his place in the APC is still very much reserved and intact.”

Also, the APC stalwart counselled Mr Ize-Iyamu to prevail on Mr Oshiomhole to offset all his electoral expenses, emphasising that it was the former Governor’s damaging campaign against him as well as his poor leadership mannerisms that caused him and the APC the election.

He commended the Independent National Electoral Commission (INEC) and the security agencies for displaying a high degree of competence and professionalism which translated into a peaceful and very successful electoral outing.

Mr Eze called on Nigerians to commend President Muhammadu Buhari for allowing a transparent process, describing him as a true statesman and democrat, saying the President “equalled the democratic feat of Dr Goodluck Jonathan, who allowed the votes of Edo people to count in 2012 when Adams Oshiomhole was reelected as Edo Governor against all odds.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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How to Stop Recycling of Criminals, Ex-Convicts—Onabulo

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CRAN Recycling of Criminals

By Emmanuel Udom

The president of the Crime Reporters Association of Nigeria (CRAN), Mr Olalekan Onabulo, has explained how the various justice systems could work to stop the recycling of criminals and ex-convicts in the country.

Speaking in his welcome address at the CRAN Public Lecture/Award ceremony held at Sheba Event Centre in Ikeja, Lagos, Mr Onabulo said that there is no denying the fact that the pursuit of justice and security is a shared responsibility that demands collective efforts and collaborations.

He further explained that since recidivism, which is the recycling of criminals and ex-convicts is a hydra-headed monster, which has become a significant source of concern for security agents in the country.

Security operatives are in most cases ambushed, killed or maimed by criminals earlier arrested, investigated and prosecuted who returned to a life of criminalities after their convictions.

According to the CRAN leader, these criminals are emboldened and unrepentant and may want to take their pounds of flesh from security operatives to carry out their professional duties.

Speaking on Justice System Administration and Security in Nigeria: Challenges, Opportunities, and Solutions, Mr Onabulo said all hands must be on deck to address the issue as the whole process seems to have failed and must be redeemed by all and sundry.

”The security operatives, the judiciary and indeed all Nigerians must collaborate and work together to create a safer, just, and equitable society for all,” he stated.

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NIWA to Collaborate With Coastal States to Secure Waterways

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waterways fatalities

By Adedapo Adesanya

The National Inland Waterways Authority (NIWA) has commenced moves to collaborate with coastal states across the country to increase the safety of Nigerians using the waterways to commute.

According to the waterways regulator, this is part of bids to enhance safety on the nation’s waterways.

This was disclosed by Mr Bola Oyebamiji, the Managing Director of NIWA while speaking at a one-day consultative forum on safety and insecurities on inland waterways, organiwed by the Nigeria Transportation Commissioners’ Forum in Ilorin, Kwara State on Thursday.

He emphasised the critical role that safety and security play in fostering a thriving water transportation system.

The conference, themed Prevalent Safety, Security Hazards and Practices in Inland Waterways: Passenger Transport Safety in Ilorin, Kwara State, sought to address the pressing issues facing the inland waterways sector.

Mr Oyebamiji acknowledged the ongoing efforts by NIWA to improve safety, such as the recent unveiling of the transportation code for public use, and the inauguration of several operational assets including survey boats, gunboats, water ambulances, and a passenger ferry.

He also noted that safety campaigns have been launched across all operational bases, targeting local communities in their native languages.

The NIWA boss highlighted the support from the National Assembly, including the ongoing discussions on establishing coastal guards and the attention safety and security on inland waterways have received from the House Committee on Inland Waterways.

He appealed to the Commissioners for Transportation across relevant states to collaborate with NIWA in areas such as training, safety campaigns, infrastructure development, and financial empowerment.

He also stressed that while the challenges are significant, they are surmountable through collective action, adding that the efforts must be complemented.

The NIWA MD expressed optimism for actionable and implementable outcomes from the forum, which he believes will contribute significantly to ensuring safer and more secure inland waterways in the country.

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Seedstars Africa Ventures Raises $42m in First Close

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Seedstars Africa Ventures

By Adedapo Adesanya

Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million

The raise was led by the African Development Bank and EIB Global with the support of the European Union, under the ACP Trust Fund – EU Compartment and Boost Africa among other global investors.

The fund, with offices in Nairobi, Dakar and Paris, has further secured $50 million in commitments towards an $80 million fundraising target.

The milestone was announced at the 2024 Africa Investment Forum Market Days currently underway in Rabat, Morocco.

The fund has already deployed over $10 million to five pioneering African startups in the climate, food systems, energy access, internet connectivity, financial inclusion, and payments infrastructure sectors.

These are Beacon Power Services (Nigeria), Poa! Internet (Kenya), Xeno (Uganda), Bizao (Cote d’Ivoire, Senegal, and France): and Shamba Pride (Kenya).

According to a statement, it was disclosed that these businesses serve over 60 million people, including by connecting 60,000 households to the internet, supporting 50,000 farmers, and empowering 30,000 individuals with financial inclusion services across eight African countries.

“The portfolio is also fully 2X compliant, empowering women in startups and ecosystems,” the statement added.

Both the African Development Bank and the European Investment Bank are founding partners of the Africa Investment Forum, a platform that advances transformative African projects toward financial close.

Seedstars Africa Ventures I is addressing gaps in early-stage financing across Africa through investments of up to $2 million in seed and series A rounds, with significant follow-on capacity of up to $5 million, thereby bridging available pools of capital.

By leading successive investment rounds, the fund will catalyse co-investment while offering operational support to start-ups.

The Fund was founded by Ms Maxime Bouan, Mr Tamim El Zein and Mr Bruce Nsereko Lule who have over 45 years of experience investing and working across the continent.

Seedstars Africa Ventures is a member of LBO France Group, which played a pivotal role in seeding this initiative as part of their multi-asset class African strategy, alongside other initiatives.

Speaking on this, Mr Robert Daussun, and Ms Stéphanie Casciola, Chairman and CEO respectively of LBO France said “We are delighted by Seedstars Africa Ventures’ latest milestone, and proud to have been the initial supporter of the team. The portfolio the team has built with our support is innovative and transformative, already providing significant impact and value to the continent. LBO France appreciates the opportunity SAV provides for us and our partners to be part of Africa’s growth story.”

“The African Development Bank views Seedstars Africa Ventures as a strategic opportunity to provide innovative support to Africa’s venture capital industry. It serves as a conduit to improve access to finance for youth and women while also enhancing the availability of risk capital in Francophone Africa.

“This is an area that has traditionally faced limited access to risk capital,” said Mr Ahmed  Attout, African Development Bank Group Director for Financial Sector Development.

“We welcome the investment of the African Development Bank, our Boost Africa partners, in the Seedstars Africa Ventures fund,” said EIB Vice-President, Mr Ambroise Fayolle. “Accelerating digitalisation is a priority for the EIB, and we are committed to supporting African businesses as they drive innovation and prosperity on the continent.”

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