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Cornerstone Insurance partners Bus54 to protect passangers on transit

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Cornerstone Insurance partners Bus54 to protect passangers on transit

By Rukayat Adeyemi

Bus54, an online bus booking platform in Nigeria, has partnered with Cornerstone Insurance Plc to provide protection to passangers while travelling.

Ms Cordelia Ekeocha, Head, Marketing and Corporate Communications Group, Cornerstone insurance, said this in a statement on Thursday in Lagos.

Ekeocha said that under the terms of the agreement, passengers booking on Bus54 and platform would be covered by travel insurance from cornerstone.

She explained that the partnership seeks to provide a seamless travel experience for passengers, by offering them the assurance and protection they need while traveling.

The spokesperson said that passengers travelling on the bus platform would now have access to insurance coverage as part of their bookings, to give them peace of mind while embarking on a journey.

Commenting, Mr Ezra Anajonu, Co-founder/Chief Executive Officer, Bus54, said that the insurance product covers accident medical treatment, theft of checked-in personal effects and transport of mortal remains, in the event of a fatal accident during a journey.

Ezra stated that the policy also included an additional life insurance payment to the family of the passenger.

“We are excited to partner with Cornerstone Insurance to provide our passengers with the travel insurance coverage.
“This partnership reflects our commitment to enhance the travel experience of our passengers by providing them with innovative solutions that ensures their safety and convenience,” he said.

Also reacting, Mr Stephen Alangbo, Executive Director Technical, Cornerstone Insurance Plc, expressed delight to the patnership between the insurer and Bus54.

He expressed optimism that the partnership would enable both firms to extend their services to more Nigerians and support the growth of the transportation industry in the country.

“This partnership is a significant step towards creating a safer and more convenient travel experience for Nigerians.

“Bus54 and Cornerstone Insurance Plc are committed to ensuring that passengers have access to innovative solutions that provides them with the assurance and protection they need while traveling,” Alangbo said.

Bus54 is a mobility technology company which provides a platform to aggregate intercity bus transportation in Africa, allowing passengers to search, compare, book and manage their journeys online.

Cornerstone Insurance Plc was licensed and re-certified by the National Insurance Commission (NAICOM) for General and Life businesses.

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2026 Constitution Amendment Bill Moves to States

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By Fabian Apechihin

The 2026 Constitution Amendment Bill has moved to the state level following its consideration by the National Assembly, paving the way for state legislatures to consider the proposed amendments.

The development comes amid renewed attention on constitutional reform and ongoing discussions over proposed changes to Nigeria’s governing framework.

Meanwhile, the House of Representatives has defended FCT Minister Nyesom Wike over allegations surrounding borrowing by the Federal Capital Territory Administration.

House spokesperson Akin Rotimi Agbese, speaking in an interview with Channels Television, rejected claims that Wike had undertaken borrowing without the knowledge or approval of the National Assembly.

Agbese said the FCT minister could not independently create a sovereign borrowing obligation, stressing that public borrowing is subject to constitutional, statutory and administrative procedures.

“Wike has committed no infraction in borrowings. There is no basis for the allegation that he has been borrowing money behind the back of the National Assembly,” Agbese said.

He explained that borrowing to finance infrastructure was not unlawful where the required approvals and procedures had been followed.

“Borrowing for infrastructure development is not unlawful in itself, provided the prescribed approvals and procedures are followed,” he added.

The House spokesperson further argued that an increase in the FCT’s debt profile should not automatically be interpreted as evidence of illegal borrowing, citing the scale of infrastructure projects being undertaken in Abuja under Wike.

According to Agbese, the key issue is whether the appropriate approvals were obtained for specific borrowing transactions, rather than simply whether the FCT’s overall debt profile has increased.

The comments come as scrutiny continues over public borrowing, infrastructure financing and the legal procedures governing government debt at both the federal and sub-national levels.

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2026 Constitution Amendment Bill Moves to States

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By Fabian Apechihin

The 2026 Constitution Amendment Bill has moved to the state level following its consideration by the National Assembly, paving the way for state legislatures to consider the proposed amendments.

The development comes amid renewed attention on constitutional reform and ongoing discussions over proposed changes to Nigeria’s governing framework.

Meanwhile, the House of Representatives has defended FCT Minister Nyesom Wike over allegations surrounding borrowing by the Federal Capital Territory Administration.

House spokesperson Akin Rotimi Agbese, speaking in an interview with Channels Television, rejected claims that Wike had undertaken borrowing without the knowledge or approval of the National Assembly.

Agbese said the FCT minister could not independently create a sovereign borrowing obligation, stressing that public borrowing is subject to constitutional, statutory and administrative procedures.

“Wike has committed no infraction in borrowings. There is no basis for the allegation that he has been borrowing money behind the back of the National Assembly,” Agbese said.

He explained that borrowing to finance infrastructure was not unlawful where the required approvals and procedures had been followed.

“Borrowing for infrastructure development is not unlawful in itself, provided the prescribed approvals and procedures are followed,” he added.

The House spokesperson further argued that an increase in the FCT’s debt profile should not automatically be interpreted as evidence of illegal borrowing, citing the scale of infrastructure projects being undertaken in Abuja under Wike.

According to Agbese, the key issue is whether the appropriate approvals were obtained for specific borrowing transactions, rather than simply whether the FCT’s overall debt profile has increased.

The comments come as scrutiny continues over public borrowing, infrastructure financing and the legal procedures governing government debt at both the federal and sub-national levels.

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2027: PDP Insists on Presidential Contest Despite Wike’s Support for Tinubu

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By Fabian Apechihin

The Peoples Democratic Party (PDP) has reaffirmed its intention to contest the 2027 presidential election despite the decision of Federal Capital Territory Minister, Nyesom Wike, to support President Bola Ahmed Tinubu’s re-election bid.

The party said Wike’s decision was personal and did not alter its position to participate in the presidential election with its candidate, Senator Sandy Onor. PDP National Publicity Secretary, Jungudo Haruna Mohammed, made the clarification on Wednesday.

According to the party, a recent conversation between Wike and Onor should not be interpreted as a political negotiation between the minister and the PDP.

“He told Nigerians that Sandy is his friend. And they only had a friendly discussion within the umbrella of friendship. So, that is just a personal discussion between him and his friend,” Mohammed said.

He added that Wike’s support for Tinubu did not prevent the PDP from fielding candidates for the presidential, governorship and legislative elections.

Wike had earlier clarified that his support in 2027 was specifically for Tinubu’s presidential re-election and did not amount to an agreement that the PDP would withdraw from other electoral contests. He also said he never promised that the PDP would abandon its candidates for governorship, National Assembly and State House of Assembly elections.

“I said I will support the President from day one. I never told Mr President I will join APC,” Wike said.

The minister also maintained that his proposed Rainbow Coalition was not an arrangement with the All Progressives Congress (APC), but rather a platform through which politicians from different parties could mobilise support for Tinubu’s re-election.

The issue has generated disagreement with some APC governors, who have expressed concern about a political arrangement that could affect the party’s candidates at other levels.

APC Progressive Governors’ Forum Chairman, Hope Uzodinma, said the governors would not support any alliance or arrangement that could weaken the APC or adversely affect its candidates.

Meanwhile, APC presidential campaign council spokesperson Ima Niboro has urged Wike and APC governors to end their public exchanges and concentrate on political mobilisation.

“When I said tone down the rhetoric, I do not mean stop working. Stop talking, go and work,” Niboro said.

He urged political leaders to strengthen their grassroots structures and engage directly with voters rather than continue exchanging statements in the media.

“All this shouting is not taking anybody anywhere. Go and work. Go and establish your authority on your political base,” he said.

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