Headlines
Jerry Gana In N500m Loan Mess

- He Is Fighting Sheriff To Cover Up – Bwala
- I Used The Money For The Good Of PDP – Gana
A N500 million facility obtained from Skye Bank Plc, under the pretence of using it as seed money for the purpose of raising funds for the Peoples Democratic Party, PDP, by former
Information Minister and PDP stalwart, Professor Jerry Gana is now causing ripples
as Gana fights hard to extricate himself from blames in a suit before the courts.
Available records with nationalTRAIL reveal that, in order to fund the activities towards the fund raising dinner of 20th December, 2014, the former Information minister sought and obtained the facility, with the promise of paying back with the proceeds generated from the fund raising dinner immediately, but without recourse to the procedures approved for seeking such facilities by the bank. The bank went ahead to seize funds belonging to the party after Gana defaulted..
Although Professor Gana has denied the allegation contained in the statement of claims, he admitted to certain paragraphs in the statement of claim to the effect that he acted for and on behalf of PDP which was the host of the fund raising and that the committee he headed had authorized the overdraft facility.
While attempting to explain his role in the controversial N500 million bank loan which he joined others to obtain in the name of the Peoples Democratic Party (PDP) in early 2015, the former Minister of Information, Prof. Jerry Gana failed to respond to claims made by the bank that he last withdrawal from the overdraft account was approved vide a letter from him on the letter head of the PDP on 23rd December, 2014.
The PDP had denied ever authorizing Gana and even accused him of unilaterally collecting the facility on behalf of the party without approval, and threatening to drag the professor before the Economic and Financial Crimes Commission (EFCC) for questioning. Gana, responding to questions said it was the leadership of the party at the time that mandated him to source for funds to enable the party organise fund raising dinner and other activities for Dr. Goodluck Jonathan’s presidential campaign.
Paragraph 24 of the Plaintiff statement of claim reads “ The plaintiff’s managing director was therefore surprise and embarrassed when he was accosted by about 5 staff of the 6th defendant on November 16th, 2014 and was served a demand letter, dated same day, mandating the plaintiff to liquidate the sum of N497,242,020.00 being the outstanding debit on the N500,000,000.00 overdraft facility account within 7 days.” This was believed to be the issue that has been causing disaffection between the Jerry Gana group and the Sheriff elements within the party.
In his statement denying the allegations, he said, “As chairman of the fund raising committee, I was mandated by the party leadership to raise funds and I had the party’s National Financial Secretary and others as members.
Gana claimed in his defence that, the then National Working Committee was briefed on his plans to source the facility with the name of the PDP and he was given the go ahead to obtain the loan on behalf of the party, with the agreement to pay back from the money expected to be realised from the fund raising.
“But after losing the election, leading to the resignation of the former chairman, Dr. Adamu Mu’azu, the party leadership under Mr Uche Secondus refused to pay back the money as earlier agreed, stressing that, the issue of repayment was what led to the crisis and the bank has already taken the matter to court. The money was used by the committee for what it was meant for and account was dully rendered.
However, paragraph 19 of the 2nd defendant statement (Prof. Jerry Gana) stated, “ That the 2nd defendant in his capacity as the Chairman of the 1st defendant’s fund raising committee acted on behalf of the 1st defendant at all material times with respect to the transaction leading to the obtaining of the N500,000,000 (five hundred million Naira) facility which is the subject matter of this suit.”
Sheriff’s Media Adviser told reporters at the party secretariat earlier that, Jerry Gana was opposing the national Chairman of the party to cover up his ignoble roles in the squander of the fortunes of the party, challenging Jerry Gana to publicly defend the N500 million mess. He also said that the group led by the former minister was coming up with different gimmicks to divert attention from the effects of what they did in the past leading to the squandering of the fortunes of the party.
“Unfortunately, among such groups are self-styled elders and stakeholders led by Professor Jerry Gana. I have seen him sweating on television, playing with language but at the end of the day saying nothing.
“I want to specifically say we kept sealed lips about some of the activities of this man believing that we could still find a rendezvous at which we could work together for the progress of the PDP. I must say, and there are witnesses that this is one character that attempts to play a role in every government since the time of the military,
“We know the very ignoble roles that he played that led to the PDP being defeated in the last election. These were the same characters that deceived President Jonathan into failure. Unfortunately most of them still go round to ask the chairman of one favour or the other and when the chairman declines they take offence against him.
“I know as a fact that Prof. Jery Gana has written to the national chairman to allow him nominate some people into certain committees or allow them perform certain functions for the party. Whether these requests were granted or not is immaterial. But that is perhaps one of the reasons that he has taken the position against anything this man does. This is the same man that recognized the national chairman, writing to him on the need to submit the report on the finance committee which he headed.
“The chairman has been running away from receiving that report because it is on record that the same Jerry Gana on behalf of the party without using the machinery of the party collected the sum of N500million loan from Skye bank on behalf of the PDP for which the PDP has been dragged to court and is being compelled to pay back.
“Leaders of thought in this party including some elders have prevailed on the chairman not to make this matter known and to save this man from public embarrassment. But as it is the chairman may be left with no option than to drag Jerry Gana before the EFCC to explain his role in obtaining N500 million facility on behalf of the party and let him also explain what he has done with the money”, Mr. Inuwa said.
In apparent display of leadership the National Chairman later apologized to Gana over the exposition by Governor Nyeson Wike and Inuwa Bwala, to the effect that while he takes responsibility for what may have transpired, it was done without his authorization.
He personally visited the former minister in his house to apologize to him, only for Jerry Gana to return to the trenches, opposing Sheriff’s leadership.
Headlines
BREAKING: Senate to Engage US Lawmakers Over Alleged Christian Genocide in Nigeria

By: Fabian Apechihin
The Nigerian Senate is set to engage with US lawmakers following renewed debate on alleged targeted attacks against Christians in the country.
The controversy intensified after American TV host Bill Maher, on his HBO program, described the situation as a “silent genocide,” accusing Western media of downplaying mass killings by Boko Haram, ISIS-West Africa, and Fulani militias. He cited claims that over 100,000 Christians have been killed since 2009 and thousands of churches destroyed.
Maher’s remarks were echoed by Republican Congresswoman Nancy Mace, who argued that the crisis had not received the international media attention it deserves.
Government Rejects Genocide Narrative
In response, Nigeria’s Minister of Information and National Orientation, Mohammed Idris, dismissed the claims as misleading and divisive. He emphasized that terrorist groups do not target Christians alone, insisting that Nigerians of all faiths—including Muslims and non-religious citizens—have suffered at the hands of violent extremists.
“Portraying Nigeria’s security challenges as a religious war is a gross misrepresentation of reality,” Idris said.
Headlines
Nigeria @ 65: The Worst Is Over, We’ve Turned a New Corner — Tinubu

By: Fabian Apechihin
President Bola Ahmed Tinubu, in his Independence Day broadcast marking Nigeria’s 65th anniversary, assured citizens that the country has overcome its toughest challenges and is on the path to recovery.
Honouring the Founding Fathers
Tinubu paid tribute to the sacrifices of Nigeria’s independence leaders, including Herbert Macaulay, Nnamdi Azikiwe, Tafawa Balewa, Obafemi Awolowo, Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Michael Okpara, Aminu Kano, and Funmilayo Ransome-Kuti.
“They believed it was Nigeria’s manifest destiny to lead the black race as the largest black nation on earth,” he said.
Journey So Far
Reflecting on six decades of nationhood, the President noted that Nigeria had endured a civil war, military dictatorships, and political crises but survived with “courage and grit.”
“At Independence, Nigeria had only 120 secondary schools and two tertiary institutions. Today, we have over 23,000 secondary schools, 274 universities, 183 polytechnics, and 236 colleges of education,” he said, adding that the country had made “remarkable progress” in healthcare, telecommunications, aviation, and infrastructure.
Tough Reforms, Signs of Recovery
Tinubu said he inherited a fragile economy distorted by decades of poor policies but chose reform over inaction.
“Our administration ended the corrupt fuel subsidy regime and abolished multiple foreign exchange rates that enriched a few while impoverishing the majority,” he stated.
According to him, the measures are yielding results:
- GDP grew by 4.23% in Q2 2025, the fastest in four years.
- Inflation fell to 20.12% in August, the lowest in three years.
- ₦20 trillion was realised from non-oil revenue by August.
- Debt service-to-revenue ratio dropped from 97% to below 50%.
- Foreign reserves climbed to $42.03 billion, the highest since 2019.
- Oil output rebounded to 1.68 million barrels per day, while Nigeria refined petrol domestically for the first time in four decades.
- The stock market surged from 55,000 points in May 2023 to 142,000 points by September 2025.
“The worst is over. Yesterday’s pains are giving way to today’s relief,” the President declared.
Tackling Insecurity
Tinubu said security agencies were making gains against insurgency, separatism, and banditry.
“Hundreds of communities have been liberated, with thousands of displaced persons returning home. We salute the gallantry of our armed forces,” he said.
Investing in Youth
Describing young people as Nigeria’s “greatest asset,” Tinubu highlighted ongoing programmes:
- NELFUND Student Loans: ₦99.5bn disbursed to 510,000 students.
- Credicorp Loans: ₦30bn given to 153,000 Nigerians for solar, housing, transport, and digital devices.
- YouthCred: Credit support extended to NYSC members.
- iDICE Programme: Partnership with AfDB, AFD, and IsDB to boost innovation in digital and creative sectors.
Call for Collective Effort
Acknowledging that reforms have caused temporary hardship, Tinubu urged Nigerians to remain steadfast.
“Our progress must not be measured by statistics alone, but by food on our tables, quality of education, electricity in our homes, and safety in our communities,” he said.
He called on citizens to embrace productivity, pay taxes, support local industries, and contribute to nation-building.
“The dawn of a new Nigeria is here — self-reliant, prosperous, and united. With God on our side, we will overcome. Let all hands be on deck,” he concluded.
Would you like me to compress this further into a shorter news report (around 6–7 tight paragraphs) for quick-read media, or keep it as a detailed feature-style recap like this one?
Headlines
Bandit Kingpin Releases 28 Captives in Katsina Following Peace Deal

A total of 28 persons abducted by suspected bandits in Faskari Local Government Area of Katsina State have been released without ransom following a peace arrangement with bandit kingpin.
The bandits, led by their commander identified as Isya Akwashi Garwa, handed over the captives to officials of the council on Wednesday.
Zagazola reports that those released were largely residents of Mairua, Kanen-haki and Yar Dabaru communities.
Local authorities confirmed that the release was the outcome of a reconciliation effort initiated in the area to restore peace and reduce violent attacks.
Community leaders in Faskari described the development as a positive signal and urged both sides to sustain the peace process. They also urged the bandit to force other bandits still attacking in the area to stop.
A council official, who spoke on condition of anonymity, said: “The captives were released this afternoon without any ransom being paid. The bandit leader fulfilled his promise under the peace talks,”he said.
Meanwhile, residents expressed relief at the safe return of the abductees, with some calling for stronger security guarantees to consolidate the gesture.
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