Uncategorized
FGN Appoints 6 Governors As NDPHC Board Members
From Lateef Taiwo
The Federal Government of Nigeria, has through the National Economic Council, NEC, ratified the nomination of six state governors as members of the Board of Niger Delta Power Holding Company, NDPHC.
The governors, representing the six geopolitical zones, are Babagana Zulum of Borno, Mal. Dikko, Radda of
Katsina, Hope Uzodinma of Imo, Biodun Oyebanji of Ekiti, AbdulRahman AbdulRazaq of Kwara, Umo Eno of Akwa Ibom States, respectively.
The 142nd NEC meeting presided over by its Chairman, Vice President Kashim Shettima, also saw the presentation of key updates and recommendations from various ad hoc committees.
Notable among them was the Ad Hoc Committee on Flood, Erosion, Drought and Desertification (Mitigation, Adaptation, Preparedness and Response) presented by the Governor of Kogi State, Ahmed Usman Ododo, which called for the revitalisation of State Emergency Management Agencies, SEMAs, and improved coordination between different levels of government.
On Update from NEC Ad-Hoc Committee on Economic Affairs presented by Governor of Kwara State, Alhaji AbdulRahman AbdulRazaq, the Council resolved that the committee aligns its mandate with the National Economic Management Team, NEMT, to come up with robust solutions to the nation’s economic challenges.
The committee is working closely with states to address challenges related to foreign exchange loan facilities and fuel pricing.
The Ad-Hoc Committee on Crude Oil Theft Prevention and Control, chaired by Imo State Governor, Hope Uzodinma, presented key recommendations as part of interim measures to improve security at oil and gas terminals and enhance regulatory oversight in the sector.
Oyo State Governor Seyi Makinde was co-opted into the committee as a subject matter expert, just as the committee was mandated to submit its final report to council within one month.
Council also resolved to adopt the recommendations of the committee’s report on implementation and provision of funds to states and relevant MDAs to address the problems.
The council also received updates on the nation’s financial standing by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, with the Excess Crude Account reported at $473,754.57, the Stabilization Account at ₦28,738,722,369.83, and the Natural Resources fund at ₦53,891,102,650.71.
The Council also resolved that the Vice President, Minister of Finance and Coordinating Minister of the Economy, the Minister of Agriculture and Food Security, Minister of Water Resources and Sanitation, and the Minister of Budget and Economic Planning meet on Monday to strategise on funding sources to mitigate the climate challenges facing the states.
And in in a move to bolster food security, Vice President Shettima announced the presidential approval for operationalizing the Presidential Food System Coordinating Unit, tasked with developing robust economic solutions for the country’s food system.
Earlier in his opening remarks, Vice President Shettima linked the boost in Nigeria’s economic outlook to the financial prudence and transparency framework adopted by President Bola Ahmed Tinubu.
According to him, “at the helm of the nation’s affairs is a leader who always reminds us of the necessity of making the right calls to deliver on our promises to the nation”.
The VP explained why President Tinubu earned and deserves the title, Jagaban, conferred on him by the Emir of Borgu, saying the President is Jagaban (the front-row commander), he has a rare political virtue that has made him the unifying nub of the zeal to serve the country.
He stated: “Again, we highlighted Nigeria’s improved credit outlook by Fitch Ratings, owing to Mr. President’s transparency and effective financial management to further the nation’s economic progress.
“Today, as we prepare for the agenda of the day, I am excited by the presence of His Excellency, President Bola Ahmed Tinubu, a reservoir of ideas, a visionary extraordinaire, as he guides us towards finding a common ground.
“Nobody can do so better than he does, and it is this rare political virtue that has made him the unifying nucleus of our aspirations to serve the nation. He is the Jagaban, the front-row commander, for a reason.”
The outcome of the meeting will be presented to the President on Tuesday, according to a statement by
Senior Special Assistant to The President on Media & Communications, Office of The Vice President, Stanley Nkwocha
Uncategorized
2026 Constitution Amendment Bill Moves to States
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.
Uncategorized
2026 Constitution Amendment Bill Moves to States
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.
Uncategorized
2027: PDP Insists on Presidential Contest Despite Wike’s Support for Tinubu
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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