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Atiku Vows not to Leave PDP, Insists Coalition ‘ll Challenge APC

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By David Torough, Abuja

Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party, PDP, has dismissed insinuations that he was planning to dump the party for ruling All Progressives Congress, APC.Speaking with PDP women members of the Board of Trustees (BoT), who visited him to help save the party from total collapse, the former Vice President insisted on a coalition to push out the APC-led government in 2027.

Atiku Abubakar said that the coalition movement was not just a political strategy, but a necessity to challenge the ruling party and rebuild the country.
It was gathered that Atiku told the women, led by the former Minister of Women Affairs and ex- National Women Leader of the party, Hajia Inna Ciroma, that a coalition is workable, and would assure good results.
According to him, the National Party of Nigeria, NPN, the ruling party in the Second Republic, had formed an alliance with the Nigeria Peoples Party, NPP, and it was called the NPN-NPP accord.He added that when the coalition is achieved, the name of PDP will not be affected.Atiku Abubakar was said to have told the PDP women about the status of the pan-Nigerian coalition that he was building in conjunction with other leaders and stakeholders across political divides and regions.He informed them that the movement was being powered by Nigerians desirous of reclaiming and rebuilding their country from across the nooks and crannies of our country.No way Nigeria can be one-party state – Gov SuleNasarawa State Governor, Abdullahi Sule yesterday said despite the gale of defection, there is no way Nigeria would become a one-party state.Governor Sule also said that people are defecting from the opposition political parties to the ruling party, the All Progressives Congress, APC, because of the reforms put in place by President Bola Tinubu, which he said have started yielding positive results.Speaking to State House correspondents after meeting behind closed doors with President Tinubu at the Presidential Villa, Abuja, the governor said that every politician would always like to identify with the ruling party.He said that he came to visit the President, who is the leader of the APC, to discuss state matters.He said, “I have two major issues to discuss with him. One, about my state, and two, about my party, especially relating to my state. So, those were the two major issues we discussed. You know, in Nasarawa State, we are trying to do a lot.“Just yesterday, we received special recognition in the areas of agriculture and renewed energy, that is, mini-grids that we are having all over the country. So, you know, Nasarawa now has the highest number of mini-grids in the country because of the effort in agriculture and mining. So, those were the kind of things we discussed with Mr. President.”Fielding questions on his impression about the arrays of defections seen from the opposition to the ruling party, he said that it was Tinubu’s performance that was attracting the opposition elements to the ruling party.According to him, “It’s a reflection of the performance of our party and the performance of Mr. President. Mr. President is carrying out a lot of reforms. We saw the first reforms in the area of the unification of the effects.“We saw another one in the removal of subsidy. We have seen one now in the power sector. In fact, one of the ones that interests me that we are doing is the one on skill acquisition and agriculture.“So, when you are beginning to see a lot of these efforts, a lot of these reforms, nearly every reform will come with its ups and downs. You know, but the advantages of some of these reforms far outweigh the disadvantages. So, as a result of that, people who are happy with what they are seeing are the people who are returning to the party.“So, I think the party is doing well, and for that reason, the President is also doing well. And that is the reason why people are joining.”Responding to the insinuation that the country may be heading towards a one-party state, he said:“I think I have answered this twice or three times now. I don’t believe, by the slightest of imagination, that we are going to be a one-party state. If you look at it, no matter how successful we are, even America, for instance, has the Republican Party and the Democratic Party, you still have the Green Party and so many other political parties that you don’t hear about. So, the same thing with Nigeria.“No matter what happens, there are people who are going to be at another party. Actually, we don’t even want Nigeria to be a one-party state. We just want to be the dominant party.“We just want to be the winning party. We just want to be the party. If we can win 90% of the votes, okay, that’s it.“The other parties can win 10% of the votes. I’m not being sarcastic. I’m just trying to be serious with you.“There is no way we can be a one-party state. But every party wants to be the dominant party. Every party wants to win elections.“Every party wants to be able to give back to society and to give back to the people. And I think that’s what our party is doing.”Giving an update on lithium battery production in his state after its launch, Governor Sule said: “Well, Nigerians actually should know this. We commissioned the first one that you are talking about last year by the Senate President on behalf of Mr. President, and that’s about 3 million metric tons per annum.“In the next two months, you are coming to commission another one that is going to be three times the size of that one in Nasarawa State. And then there are about three other ones that are coming up by the end of the year.“So, we are beginning to see more and more development of lithium and tantalite and so many other minerals that we are having in the state.“So these are the kinds of things that I talk to you when I say reforms about things that are happening. And when I mentioned to you that we are having the highest number of mini-grids in the country, you know, people didn’t even know why.“One of the reasons is because there are so many of these small-scale companies that are operating, you know, agriculture, mining also, and they all need power.“So what they do is that they require a mini-grid in their own location so that it can power their operations. And we are lucky in Nasarawa State, you know, it has been very peaceful. You know, so that’s what a lot of investors are looking forward to.

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Veritas Kapital Records N13.6bn Premium in 2025

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Veritas Kapital Assurance Plc has reported an eight percent rise in Gross Written Premium to N13.6 billion in the first half of the year.Managing Director of Veritas Kapital Assurance, Dr. Adaobi Nwakuche disclosed this in a statement on Wednesday in Lagos.Nwakuche said the performance reflected strong market presence and effective distribution channels.

She noted that Net Insurance and Investment Income surged by 244 per cent to N5.
2 billion, from N1.52 billion recorded in the full year 2024.According to her, Profit After Tax reached N3.2 billion, already surpassing the company’s total earnings for the full year 2024.“These results affirm the strength of our values-driven model, built on our people’s dedication, a clear strategy, and unwavering focus on customer value,” she said.
Nwakuche said Total Assets rose by 11 per cent to N37 billion from N33.1 billion in 2024, showing improved financial health and operational efficiency.She added that shareholders’ funds increased to N15.1 billion from N11.92 billion in 2024, underscoring investor confidence and sound governance.“This performance is the result of disciplined underwriting, investment optimisation, expanded digital capabilities, and strong customer-focused service delivery.“The H1 2025 results go beyond growth. They show Veritas Kapital’s evolving role as a partner in progress, delivering solutions relevant to individuals, businesses, and communities. “Each figure tells a story of protection delivered, promises honoured, and futures secured. We are building trust, not merely growing profits,” Nwakuche said.She added that as Nigeria adapts to new economic realities, Veritas Kapital is charting a course defined by agility, innovation, and intentionality.The company, she said, is investing in digital access, claims responsiveness, and talent development, while reinforcing its core values of integrity, transparency, and service.

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FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners

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By Tony Obiechina, Abuja

The Federal Government has released funds for the disbursement of N5.12 billion in pension arrears to 90,689 Defined Benefit Scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate.This was contained in a statement by the Head of Corporate Communications of PTAD, Olugbenga Ajayi.

He said that the directorate had finalised the disbursement of the money.
The Nigeria Customs Service, the Nigeria Immigration Service, and Prisons Pension Department (CIPPD) pensioners are 8,626, received N276,032, for one-month arrears; the Police, Pension Department (PPD) pensioners are 9,681, received N619,584, for two months as arrears.
The Civil Service Pension Department (CSPD) pensioners are 12,773, received N408,736, for one-month arrears, and the Parastatals Pension Department (PAPD) pensioners are 59,609, received N3,814,He said that the payment reaffirms the administration’s commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of President Bola TinubuAccording to the statement, the approvals align with the President’s Renewed Hope Agenda.
“This move shows President Tinubu’s strong commitment to senior citizens’ welfare and marks a new era in DBS pension management,” said PTAD, Executive Secretary, Tolulope Odunaiya.Among the key measures is the immediate implementation of an extra budgetary allocation to enforce new pension rates for DBS pensioners.The President also endorsed the adoption of a proposed pension harmonisation policy, which will be incorporated into the 2026 pension budget. Additionally, health insurance coverage for all DBS pensioners has been approved, ensuring access to essential healthcare services.The proposed reforms include a new pension rate of N32,000 and incremental increases of 10.66% and 12.95% for pensioners from defunct and privatised agencies. Other components of the reform package include harmonisation of pension rates across all DBS pensioners and their enrolment into the National Health Insurance Scheme (NHIS).In June, PTAD announced the successful disbursement of N8.6 billion in pension arrears to 148,625 eligible DBS pensioners across various sectors. The payments reflect the implementation of the N32,000 pension increment approved by President Tinubu in 2024.PTAD had previously settled arrears related to the first pension increment of 20% to 28%, which came into effect in January 2024.

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NAF Offensive Decimates 592 Terrorists, Destroys 372 Assets in Eight Months

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By David Torough, Abuja

The Nigerian Air Force (NAF) has killed no fewer than 592 terrorists and destroyed 372 enemy assets in Borno within the last eight months, surpassing the total operational gains recorded in 2024.A statement by NAF’s spokesman, Air Commodore Ehimen Ejodame yesterday said the Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, said this during a courtesy visit to Gov.

Babagana Zulum of Borno.
Abubakar said the offensive had destroyed 206 technical vehicles and 166 logistics hubs in deep hostile territory, with coordinated day-and-night strikes from Gonori to Rann, Dikwa to Damboa, Azir to Mallam Fatori.He said the offensive had been boosted by the deployment of A-29 Super Tucano aircraft capable of precision and night missions, Mi-171 helicopters for medical evacuation and logistics, and enhanced intelligence, surveillance and reconnaissance platforms for round-the-clock target tracking.
He added that a new Mi-35 gunship was expected to further intensify close-air support for ground troops in the theatre.“Backed by an upgraded fleet and precision night-strike capabilities, NAF aircraft executed 798 combat sorties, clocking over 1,500 operational flight hours in the Air Component of Operation Hadin Kai.“This year, our air war is faster, sharper, and more surgical.“We are taking out high-value targets, crippling their logistics, and hunting down every cell that threatens the peace of the North-East,” he said.The CAS also praised the “Borno Model” of combining community-driven non-kinetic measures with decisive military action, saying it had proven effective in the counter-insurgency campaign.He also inspected facilities at the NAF Base, met with aircrew and ground personnel, and received operational briefings.He reaffirmed the NAF’s commitment to precision air power, intelligence-led operations, and inter-agency collaboration to protect Nigerians.In his response, Gov. Zulum praised the NAF for its sustained air support in degrading terrorist capabilities and protecting communities.According to him, the NAF has been a steadfast partner in their fight against insurgency.“Your operations have saved countless lives and allowed our communities to begin rebuilding.“The people of Borno recognise your sacrifices and stand firmly behind you,” he said.

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