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2023: PDP ‘ll Restore Hope and Rebuild Nigeria – Ayu

By Jude Opara, Abuja
Consensus National Chairmanship nominee of the Peoples Democratic Party(PDP), Dr Iyorchia Ayu, has said his mission as leader of the main opposition party would be to rebuild hope and trust among Nigerians and make the country great again.
“We don’t need Military dictators, we can rebuild trust, rebuild hope and make Nigeria great again.
“Nigerians should not lose faith in Nigeria.
There are countries that devastated and brought down during the second World War like Japan and Germany. They have rebuilt their countries, PDP is on a mission to rebuild” Ayu said.The former Senate President in the aborted Third Republic spoke at his Maitama-Abuja residence, when he received a delegation of Academics, professionals and political associates from Benue state, led by Nigeria’s former High Commissioner to Canada, Prof Iyorwuese Hagher.
Stakeholders of PDP from 19-Northern states had last week picked Ayu, as consensus candidate of the PDP for National Chairmanship at the forthcoming National Convention scheduled for October 30 in Abuja.
The Sole National Chairmanship candidate said his adoption was a clear indication that Nigeria was not as divided as perceived in some quarters.
Citing his cordial relationship with some reputable political leaders from the North, who were of Fulani extraction, Ayu said said there was doubt about their commitment to the unity of Nigeria just as he said nobody could fault previous Presidents of the country like Alhaji Shehu Shagari and Umaru Yar’Adua about their commitment to development of Nigeria.
He, however, blamed the current polarization of the country along religious and ethnic lines to failure of leadership by the Buhari administration.
For instance, he faulted the Al Progressives Congress(APC)-led Federal Government for appointing only two Christians out of 28 Ministers from the North to head Ministries of Women Affairs and Intergovernmental Affairs and Special Duties and observed that similar acts by the Buhari administration were creating more divisions among the people.
He regretted that majority of Fulani people in the North, whom he described as “good people” were being maligned because of the actions of a few people in governmental positions in the present dispensation.
Ayu, who previously served as Ministerin various Ministries said it was disheartening that the distortions in the nation’s economy were eclipsing the private sector and creating more poverty and “massive hunger” in the land.
“The private sector is suffering most because there is no proper planning in the economy. You cannot plan with the naira tumbling everyday. We must come together and utilize the youth, the human resource to rebuild.
“We in PDP believe in our Youth, they have capacity and are our best asset” he stated.
The former Senate President recalled that when he served as Minister of Industry in the Obasanjo administration, it was discovered that Nigeria had about 5,000 Medical Consultants in the US alone and also had similar number of medical and health professionals in UK and South Africa.
These professionals, he said would be attracted back to develop the country as he ws hopeful to lead PDP to reclaim power at the centre.
He said PDP was poised to return to power at the centre with him as National Chairman as the leadership, which recently assiled the party was over.
“The crisis is over and there is no bickering in the party. The national party positions are being filled by consensus. We will build on that as soon as the convention is over, Ayu pledged” and assured that “the original PDP people who migrated to APC will come back.”
He solicited prayers from religious leaders in the country to enable the PDP succeed in its mission to rebuild the nation.
Leader of delegation and Nigeria’s former Ambassador to Mexico and High Commissioner to Canada, Prof Hagher said the meeting was to “rejoice with you as you gain momentum to emerge as National Chairman of the People’s Democratic Party(PDP) at the next convention of the party.”
“Today is a moment of history. True and qualitative change is here at last. We are encouraged that the change we desire and need in our country will come through a genuine patriot, an uncompromising defender of the sanctity of democratic governance and selfless political leader, whose presence is unmistakable on the political firmament of our great country,” Hagher stated.
He said “the progressive -minded people of Nigeria” had seen the in-coming National Chairman, with qualities of a great leader.
“You are always called upon at the nation’s trying moments and you have never disappointed.
“Many years ago, when you held the high office of President of the Senate, you were called upon to defend democracy. You stood firmly for the actualization of the June12, 1993 election won by Chief MKO Abiola.
“This was at expense of your personal comfort and risk to your political career. You paid the the price in various ways. But you never gave up,” Hagher recalled.
The two-time former Minister said Ayu’s “imminent ascendency to the leadership of the PDP” was by no way his personal ambition.
“Nigeria is not only at a crisis point, the very existence of the country is being challenged by multiple crises, violent agitations for self-determination, insurgency, banditry, kidnapping etc.
“The government of the day has failed woefully to stem the tide and the people of Nigeria are anxiously looking to a new direction for rescue.
“We are pleased to note that at this point, the Peoples Democratic Party (PDP) has again found you worthy to lead the initiative to rescue Nigeria. Like in the past, we are very confident that you will discharge this assignment with distinction,” the prolific Author said.
He pledged the support of Benue professionals, academics and former Diplomats to avail the next Chairman their skills and experiences to successfully pilot the affairs of the party.
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Jaiz Bank Attributes N1trn Asset Rise Perfirmance to Public Confidence

By Tony Obiechina, Abuja
Jaiz Bank has expressed satisfaction with its financial performance of crossing the one trillion Naira threshold in total assets, which improved from N580bn in 2023 to N1.08trn in 2024, a significant growth of 86%.The pioneer non-interest bank’s profit before tax grew from N11.
05bn in 2023 to N24. 44bn in 2024, an increase of 121%.Managing Director/CEO of the Bank, Haruna Musa disclosed this after the successful conclusion of their 2024 Annual General Meeting on Wednesday. Musa said the Cost-to-Income Ratio improved to 60.42% from 65.26%, reflecting enhanced efficiency in their operations, while customer deposits grew remarkably by 94% to N904bn, demonstrating increasing public confidence in Jaiz Bank.He also pointed out that ‘Capital Adequacy Ratio strengthened to 23.87% from 17.96%, which further reinforced the stability and soundness of the bank, Net risk assets and investments rose by 88% to N671bn, while our Statutory Liquidity Ratio improved to 47.35% from 37.24%.’In addition, Gross earnings grew by 75%, rising to N82.87bn in 2024 from N47.24bn in 2023.The managing director posited that “These achievements underscore our unwavering commitment to delivering sustainable value, promoting ethical banking, and supporting Nigeria’s economic development.”Musa further noted ‘Our results reflect not only the resilience of our business model, but also the trust and confidence reposed in us by our shareholders, customers, and stakeholdersCOVER
Armed Herders Launch Fresh Attack on Benue Communities, Kill Four

By Attah Ede, Makurdi
Suspected armed herders yesterday launched fresh attacks on Egwuma and Ogbai communities in Agatu Local Government Area, killing a woman, her son and two others.Local sources said two more residents were still missing at the time of filing this report.
A resident, Inalegwu, told DAILY ASSET that the victims were attacked while working on their farms. Confirming the incident, the Chairman of Agatu LGA, Melvin James, described the killings as “Senseless and barbaric. ”“This was an unprovoked attack on innocent villagers. A mother and her son were killed on their farm in Egwuma, while two others were killed in Ogbai,” he said, noting that security operatives were on surveillance in other areas when the attack occurred.When contacted, the Police Public Relations Officer (PPRO), Udeme Edet said she was yet to receive the official report, while the governor’s Special Adviser on Security and Internal Affairs, Joseph Har, also requested confirmation from the affected council chairman.IGP Approves New Area Commands, Police DivisionsMeanwhile, the Inspector General of Police (IGP), Kayode Adeolu Egbetokun, has approved the creation of two additional Police Area Commands and the upgrading of five Police Stations to Divisional status in Benue State.This was disclosed in a statement issued on Wednesday in Makurdi by the Police Public Relations Officer (PPRO), DSP Udeme Edet.According to Edet, the new Area Commands are Daudu and Naka, while the upgraded Police Stations are Ayilamo, Yelwata, Jato-Aka, Okpokolo, and Agan.She explained that the restructuring was necessitated by the security challenges facing the state, particularly in troubled local government areas.The Daudu Area Command will oversee Guma, Daudu, Yelwata, and Agan Divisions, while the Naka Area Command will supervise Naka, Apa, Agatu, and Okpokolo Divisions.“This adjustment will help bridge gaps between the police and residents, improve response to distress calls, and enhance conflict resolution between farmers and herders,” Edet stated.The Commissioner of Police in the state, Emenari Ifeanyi, commended the IGP for the initiative and also praised Governor Hyacinth Alia for supporting security efforts in Benue.COVER
Nigeria Oil Output Lags Despite Huge Reserves, Says NNPCL

By David Torough, Abuja
Nigeria’s crude oil production has continued to fall short of its vast reserves, a situation the Nigerian National Petroleum Company Limited (NNPCL) said must change urgently if the country is to achieve its full economic potential.Group Chief Executive Officer (GCEO) of NNPCL, Bayo Ojulari stated this yesterday at the 4th Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Energy and Labour Summit (PEALS) in Abuja, where he emphasized that “Every barrel counts, every molecule of gas counts.
”Ojulari noted that despite Nigeria’s position as Africa’s top oil producer, its output still lags behind expectations. He stressed that the NNPCL is working to unlock stranded assets, secure facilities in the Niger Delta, and drive incremental growth through partnerships, innovation, and data-driven strategies.He said resilience in the oil and gas industry is “A national responsibility,” anchored on operational excellence, fiscal discipline and regulatory compliance.According to him, the NNPCL is embedding a zero-harm culture, prioritizing host community safety, reducing carbon emissions and investing in gas as a transition fuel.The summit, themed; “Building a Resilient Oil and Gas Sector in Nigeria: Advancing HSE, ESG, Investment and Incremental Production,” drew top government officials, labour leaders and industry stakeholders.PENGASSAN President, Festus Osifo, who doubles as the President of the Trade Union Congress (TUC), warned that no worker’s life should be sacrificed in the name of resilience.“The true measure of stewardship is ensuring every worker returns home safely,” Osifo said, condemning recent incidents where oil workers operated under unsafe conditions without proper gear. He demanded strict accountability from operators.On environmental concerns, Osifo declared: “Gas flaring must end. Polluted sites must be restored. Accountability must be enforced for today and for generations to come.”He added that protecting workers, communities and the environment must remain central to Nigeria’s energy development, warning against unsafe practices and calling for robust safety processes, transparent reporting, and advanced technologies across oil and gas installations.Ojulari urged stakeholders—government, labour and investors to align policies and create a stable environment that will attract both local and foreign capital, while Osifo insisted that resilience must be people-centered and environmentally responsible.The Abuja summit ended with a renewed call for collective action to ensure Nigeria not only meets its production targets but does so in a way that protects workers, communities and the environment.