General
Senate 2019: Delta South Throws Weight Behind Uduaghan
By Modupe Gbadeyanka
Electorates in the Delta South Senatorial District have vowed not to treat the 2019 elections with kid’s gloves, especially as it has to do with their representation in the upper chamber of the National Assembly.
Majority of those whose opinions were sampled agreed that they have not been feeling the impact of democratic dividends for a long time, but in 2019, things will be different.
To this end, while politicians are making the rounds with marathon consultations and secret meetings, they have already weighed in potential candidates who are aspiring to the position, even as the Independent National Electoral commission has not officially declared it campaign open.
Two heavyweights; the immediate past governor of the state, Dr. Emmanuel Ewetan Uduaghan and the incumbent senator representing Delta South in the Senate, Senator James Manager are said to be consulting leaders of the party and those that matter in determining their chances for the Delta South Senatorial District seat.
There are other aspirants also, most notably being one Chief Michael Ejele, a member of Delta State House of Assembly from Sapele who has already littered the state with his posters for the plump job. However, political pundits have already written him off as his chances are slim. They view his moves as a tactical weapon to negotiate his return to the Delta State House of Assembly and not really the senate seat.
So, the race is between the incumbent, Senator James Manager who has spent 12 years in the National Assembly and is still itching to return there, and the immediate-past governor of the state, Dr. Emmanuel Uduaghan.
As the people clamour for Dr. Uduaghan to represent them, everyone is waiting to see how the Peoples Democratic Party, PDP will manage the choice of candidacy between these two political heavyweights and the aftermath of it so that it will not affect the chances of the party in the forthcoming elections.
From all indications, the immediate-past governor is not really a problem to the party because he is known to be a man who believes so much in the ideology and development of the party while the party’s fear at the moment is Senator James manager who inversely is not so strong in the belief of abiding to party decision and may decide to defect if eventually he does not win the party’s primaries.
James Manager has a lot of hurdles to clear if truly he desires to return to the national assembly. One of such hurdles is that the people of Delta South are said to be tired of his representation. Their argument is hinged on the fact that he has been in the national assembly for over 12 years and they can’t even feel his impact.
And for Dr. Uduaghan, he is not an upstart in politics. He is synonymous with excellence. He is not only a hard worker but a master planner whom observers believe stands a better chance to face the growing strength of the All Progressive Congress (APC) in the state. This political oracle held fort while Chief James Ibori was away and the fortunes of the Peoples’ Democratic Party (PDP) in the state did not dwindle nor did lose the state to the opposition.
As governor of Delta state, Dr. Uduaghan created a lot of landmark achievements which still stands today in the Big Heart state.
Though, Dr. Uduaghan has not officially declared his interest for the Senate, sources disclosed that he is already consulting with those that matter. Today, he would have been in senate but for his respect and belief in party supremacy, he shelved the idea in 2015 to enable Senator James Manager have another stint.
“If he eventually declares his interest, many factors will work in Dr. Uduaghan’s favour”, one of the sources said.
“One, as Delta State governor, he did a lot for the state in health, education, roads, job creation and meeting the needs of youths and the aged.”
“There is no one who did not benefit from his programmes and this has endeared him to the people. Dr. Uduaghan commands respect amongst all the ethnic groups in the state, so it will be difficult for his opponent to defeat him, our source said.
Pundits believe that since he was able to keep the political structure Ibori left behind intact, except for a few ones who left, party members will support him any day because he has proven to be a strong PDP man.
According to our source, “the party itself knows that if Uduaghan is not given the senate ticket for Delta South, it will definitely lose the seat to opposition.”
Dr. Uduaghan is highly experience as a politician. Chief Olu Falae, former secretary to the Federal Government of Nigeria summed it up during Uduaghan’s 60th birthday celebration, declaring that as a commissioner for Health and later secretary to the state government and then governor, he has garnered experience politically. “He is one of the people who have a lot of experience which is basically lacking in Nigeria. To that extent we have learnt a lot from him; he is very calm and he listens before he talks.”
As the drama keeps unfolding, political analysts are watching to see how the ruling party will handle the choice of its flag bearer in the forthcoming election in the state, with the general fear that if poorly handled, the seat will end up being a plus for opposition in the district.
Also lending their voices in support of Dr. Uduaghan’s senatorial move is a socio-political pressure group founded on the philosophy of working against all forms of selfish politicians /politicking in Delta State, the Developmental Advocates of Warri North, DAWN.
In a communiqué issued after an emergency meeting held at Koko, headquarters of Warri North Local Government Area, recently, DAWN asserted that the call on Dr. Uduaghan to contest the senatorial seat became necessary after a committee it set up to study potential aspirants for the position recommended the former Delta State Governor, based on his antecedents in peace building and achievements in the public offices he held in Delta State between 2009 and 2015.
The communiqué signed by Inojulagho Amaju, Coordinator and Ayonuwe Clifford, Lead, Grassroots Education, on behalf of DAWN, averred, “we reserve the right to be represented by intellectuals who will revert the respect we are almost losing grip of at the National stage”.
According to the Warri group, the 7.6km Umeh Road in Isoko, which ended 30 years of abandonment of the agrarian community, the Abigborodo Bridge project in Warri North, Ugbenu Koko Road, the 0-5 years free health care delivery programme across the state and the revolutionary Uduaghan Park, “which brought transportation across Delta State to an easy and comfortable ride with lowest fares”, are achievements of Dr. Emmanuel Uduaghan that makes him eminently qualified to vie for the prominent legislative position in 2019.
The group also mentioned the construction of”10 International Model Schools” in the three senatorial districts of Delta State, the construction /renovation of hundreds of schools,the introduction of EDUMARSHAL programme to ensure the downtrodden children go to school free of charge as well as the payment of enrollment fees for SSCE candidates as some other reasons that informed their decision to back Dr. Uduaghan’s senatorial ambition.
They averred that a man who sacrificed his senatorial ambition for the sake of peace in Delta State, particularly inter-ethnic harmony in Delta South should be given all the necessary support to represent Delta South in 2019, describing the former Secretary to Delta State Government as “an intellectual and bridge builder with the requisite National as well as International connections for the job.”
In a related development, another social-political pressure group which cuts across the 8 Local Government Area of Delta South Senatorial district, Delta South Grassroot Movement, have also pledged their undying support towards the realization of the senatorial ambition of Dr. Uduaghan.
Speaking in a visit to the former number 1 citizen of Delta State in his Warri country home, the group interim coordinator, Mr Matthew Oritsemoyo thanked the former Governor for heeding to the cry of the people from the region, which has been neglected and grossly marginalized by the federal Government due to lack of robust and effective representation at the upper house of the National Assembly. Oritsemoyo further advised Dr. Uduaghan not to relent, as this is the time Delta State and the Niger Delta in particular needs his wealth of experience and connections in Abuja.
In his reaction, the immediate past Governor thanked the group for putting the meeting together in a very coordinated manner and in the shortest possible time, noting that lawmaking is the primary responsibilities of legislators, whilst attracting projects to the area is an added responsibility. In his words, “I am not going to the Senate to bring and share KEKE NAPEP once a year, I am certainly not going to be a sleeping senator, I shall see to the realization of the Gas City Revolution Industrial Park (Export Processing Zone) Ogidigben, which will employ over 300,000 Deltans and Nigerians. I will also ensure peace and security is achieved in the region; I will also be involved in senatorial engagements twice a year, amongst other things.”
Speaking further, Dr. Uduaghan urged his supporters to make their campaigns issue based and shun campaigns of calumny as everyone in the region are brothers and members of one family.
General
FG Issues Data Protection Compliance Directive to All MDAs
By Adedapo Adesanya
The federal government has issued a data protection compliance circular to all Ministries, Departments and Agencies (MDAs) to promote public trust through data-driven governance.
The compliance directive is contained in Circular No. 59805/S.I/74, dated 27 July 2026, and signed by the Secretary to the Government of the Federation, Mr George Akume, according to a statement by the Head, Legal, Enforcement & Regulations, Mr Babatunde Bamigboye.
The initiative forms part of a continuum of regulatory measures that will be vigorously pursued as Nigeria advances towards the decisive frontiers of the Fourth Industrial Revolution.
The circular drew the attention of MDAs to a statement of President Bola Tinubu, where he said: “Data is the new oil”.
Mr Akume then directed all Ministries, Extra-Ministerial Departments and Agencies to capture the information rigorously and safeguard it under the Nigeria Data Protection Act, 2023 (NDP Act).
The circular also directed MDAs to ensure full compliance with the NDP Act, Regulations, Guidelines, and Directives issued by the Nigeria Data Protection Commission (NDPC) in relation to the processing of personal data.
To this end, the Circular directs MDAs to, designate suitably qualified officers as Data Protection Officers (DPOs) to oversee data protection compliance and advise management on all matters relating to the lawful processing of personal data, ensure that the names and contact details of their designated DPOs are communicated to the NDPC for registration and official records; engage licensed Data Protection Compliance Organisations (DPCOs), where required, to facilitate compliance with the NDP Act and support the conduct of statutory compliance audits.
It also directed them to provide adequate budgetary allocation for data protection compliance activities, including capacity building, awareness programmes, deployment of appropriate technical safeguards, and periodic compliance audits; and submit all mandatory Data Protection Compliance Audit Returns and other statutory returns to the NDPC within the timelines prescribed by law.
The circular further states that “Permanent Secretaries, Accounting Officers and Chief Executive Officers of all MDAs shall be personally responsible for ensuring institutional compliance with the Circular and the provisions of the NDP Act.”
The National Commissioner/Chief Executive Officer of the NDPC, Mr Vincent Olatunji, expressed the commission’s commitment to supporting data-driven governance.
Mr Olatunji maintained that data accountability is pivotal to achieving the eight Presidential Priorities. To provide full technical support to MDAs for the purpose of achieving compliance, the commission has constituted a regulatory clinic.
General
Yellow Card Raises $40m to Expand Stablecoin Payment Infrastructure
By Adedapo Adesanya
Yellow Card, a global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its international expansion and strengthen its digital payment infrastructure.
The funding round attracted investments from SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. With the latest raise, Yellow Card’s total equity financing has now exceeded $120 million.
The company said the fresh capital will be used to scale its Global US Dollar Accounts, an end-to-end dollar account designed for businesses, while expanding the stablecoin payment rails that connect businesses to markets around the world.
Yellow Card’s chief executive, Mr Chris Maurice, described the investment as a strong endorsement of the company’s long-term vision, noting that the company has spent years building infrastructure that allows businesses to move money globally without relying on traditional correspondent banking systems.
He added that the next phase of growth will focus on helping banks connect directly to stablecoin payment rails, enabling faster and more efficient cross-border transactions while expanding access to US Dollar services for businesses.
SC Ventures chief executive, Mr Alex Manson, said stablecoins are becoming an important part of global payments, but noted that widespread adoption will depend on reliable infrastructure and practical use cases.
He said Yellow Card has built the payment rails businesses across Africa need to move money efficiently across borders and expressed confidence in the company’s ability to expand both within Africa and internationally.
The investment also marks growing interest from global institutions in stablecoin-based payments. Sony Innovation Fund said its backing reflects confidence in Yellow Card’s ability to build digital payment infrastructure for emerging markets.
Mr Austin Noronha, Managing Director at Sony Ventures-US, said the company believes Yellow Card is creating the technology needed to help banks, financial technology firms and enterprises move money faster and more securely.
He added that the company looks forward to supporting Yellow Card as it expands beyond Africa into Latin America, the Middle East, Europe and the Asia-Pacific region.
Yellow Card said the funding will also support the wider rollout of its Global USD Accounts, which allow businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and collect or make payments in local currencies across more than 50 countries.
The company noted that the platform is already being used by major customers, including Visa and Western Union.
Founded to simplify cross-border payments through digital assets, Yellow Card has processed more than $10 billion in transactions across its network. The company supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.
Yellow Card has also established strategic partnerships with global payment companies including Visa, Mastercard, PayPal and Coinbase as it positions itself as a key infrastructure provider for international digital payments.
General
NEC Approves $4.5bn Refinancing of NNPC Oil-Backed Loan
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.”


