NEWS
Delta Becomes Nigeria’s 5th Largest Economy with $15.3bn GDP, Says Ekedayen
From Francis Sadhere, Delta
Delta State has emerged as Nigeria’s fifth-largest economy with a Gross Domestic Product (GDP) of $15.3 billion (N6.1 trillion) as of December 2024, according to the Delta State Commissioner for Economic Planning, Sonny Ekedayen.
The announcement was made during a media seminar held in Asaba recently, themed “Impact of Adequate Reporting of the M. O.R.E Agenda to the Grassroots.” The seminar was organized by the Government House Press Unit for community newspaper publishers across the state.Ekedayen, represented by his Special Assistant, Charles Iyoha, attributed the economic milestone to strategic planning and the successful implementation of Governor Sheriff Oborevwori’s M.O.R.E Agenda.“This remarkable achievement is not by chance. It is the result of deliberate economic planning and reforms that have positioned Delta as a leading sub-national economy in Nigeria,” he said.According to the commissioner, the oil and gas sector remains the cornerstone of the state’s economy, contributing 48.7% to the GDP. However, he emphasized that other sectors—services, agriculture, and manufacturing—are experiencing significant growth, making the state increasingly attractive to investors.“The services sector, particularly tourism, entertainment, and education, is booming,” Ekedayen noted. “Asaba has become a major hub for Nollywood, and our 13 universities are driving local business growth and urban development.”He also revealed impressive growth in internally generated revenue (IGR), which rose by 90%—from N83 billion in January 2023 to N158 billion in December 2024—without any increase in taxes.In addition, Delta State has slashed its public debt by 46.6%, from N465.3 billion to N249.2 billion. Ekedayen said this was achieved through smart fiscal management, freeing up resources for strategic investments.Key economic initiatives include the revival of the Kwale/Koko Free Trade Zone and the N1 billion DTSG/BOI Fund, which provides low-interest loans to young entrepreneurs. The state is also advancing agricultural development through public-private partnerships for dry-season farming and leading environmental sustainability with a carbon credit initiative that preserves 207 hectares of mangrove forest.On social development, the commissioner highlighted programs such as Delta Cares and the Women Empowerment Skills Acquisition Program (WESAP), which are designed to support vulnerable groups and ensure inclusive growth.Ekedayen urged community newspaper publishers to amplify the state’s development successes and economic progress. “Your platforms are essential to promoting Delta’s investment opportunities, cultural heritage, and growth story to grassroots audiences and beyond,” he stated.The seminar concluded with strong expressions of support from community media representatives, who pledged to help disseminate the state’s development narrative and attract broader public engagement with government initiatives.NEWS
2027: ADC Urges ECOWAS to Insist on Credible Elections in Nigeria
The National Chairman of the African Democratic Congress (ADC), Sen. David Mark, has urged the Economic Community of West African States (ECOWAS) to insist on transparent and credible elections in Nigeria.
Mark made the call on Thursday in Abuja while receiving an ECOWAS delegation on a pre-election fact-finding mission ahead of the 2027 general elections.
The ADC leadership expressed concerns over the Independent National Electoral Commission’s (INEC) preparedness and commitment to conducting free, fair and credible elections during the meeting with the delegation.
Mark said Nigeria’s elections were critical to West Africa’s stability and would attract global attention, emphasising the need for stakeholders to work together to ensure credible electoral outcomes.
“This is why we must all work together to ensure we get it right. You have made us understand that your mission is pursuant to the ECOWAS Conflict Prevention Framework.
“We are quite happy with this. But the best way to prevent conflict, especially in relation to elections, is to ensure that it is free, fair and transparent,” he said.
Mark said the ADC was committed to peaceful conduct before, during and after the elections, urging ECOWAS to support efforts to ensure credible electoral processes.
“We in the ADC have committed ourselves to the highest standards of peaceful conduct before, during and after the elections. But we need ECOWAS to join us in insisting on a credible election now.
“We want the same thing: a peaceful and stable Nigeria and West Africa. This is why you must tell INEC that they must not do anything that could plunge Nigeria into a needless crisis.
“This must form part of your early warning signals,” he added.
The Head of Mission and former Vice-President of Sierra Leone, Victor Bockarie Foe, said the mission aimed to assess Nigeria’s preparedness for credible elections and the political atmosphere ahead of the polls.
Foe promised to convey the party’s concerns, alongside those of other stakeholders, to the regional body, emphasising Nigeria’s importance to peace and stability across West Africa.
Other members of the ECOWAS mission included Francess Piage Alghali, Commissioner for Political Affairs, Peace and Security; Julius Fofanah Sandy, representing the ECOWAS Permanent Representatives’ Committee; and Segrine Mamadou, Head of Electoral Assistance Division.
NEWS
Obi Promises Emergency Measures on Security, Corruption, Poverty
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has promised emergency measures to tackle insecurity, corruption, hunger and poverty, if elected.
Obi made the promise on Thursday during an interactive town hall meeting with a large crowd of supporters across party lines in Abakaliki.
The former Anambra governor said that Nigeria required purposeful leadership to achieve sustainable development, adding that he possessed the character, experience and capacity to lead the country.
He said that Nigeria had vast arable land and other resources that could transform its economy if properly harnessed.
According to him, the country must shift from consumption to production, particularly through agriculture and other productive sectors.
On the Federal Government’s borrowing, Obi said taking loans was not inherently wrong but became problematic when the funds were used for consumption rather than productive investments.
“It becomes wrong when the government borrows to buy a yacht, presidential plane and for consumption purposes,” he said.
He pledged that his administration would ensure transparency in public borrowing, insisting that Nigerians must know why loans were obtained and how the funds would be utilised.
On security, the presidential candidate promised to deploy modern technology and other effective measures to tackle insecurity and guarantee the safety of citizens across the country, irrespective of their locations.
Obi also vowed that anyone found guilty of corruption, including the President, would face prosecution and imprisonment in accordance with the law.
He said his vision was to build a Nigeria where citizens could achieve their aspirations through merit rather than personal connections.
“My dream is to see a Nigeria where the son of a nobody can become somebody without knowing anybody,” he added.
Obi, who expressed excitement over the turnout at the meeting, described himself as the most credible among the three leading presidential candidates.
He cited President Bola Tinubu of the All Progressives Congress (APC), former Vice-President Atiku Abubakar of the African Democratic Congress (ADC) and himself as the leading contenders.
He urged Nigerians to participate actively in the forthcoming election and protect their votes.
“You should vote for me because I am the most credible candidate among the leading candidates for the presidency,” he said.
Obi expressed optimism that Nigeria could achieve meaningful transformation under credible leadership, pledging to provide such leadership if elected. (NAN)
NEWS
Why I Chose Music over Football – Mr Eazi
Afrobeats star Mr Eazi has claimed that English club Chelsea FC wanted to sign him before they signed former Super Eagles captain John Obi Mikel.
Mr Eazi disclosed this during an interview on Wednesday.
The singer said both he and Mikel were linked to a possible move to Chelsea at the time, but he opted to pursue music instead.
“They were gonna sign me.
So, it was like Mikel Obi and me,” he stated.He explained that he thought Mikel was better suited to football, while he had a future in music.
“I just thought that Mikel Obi is not; he doesn’t have talent as a musician.
But I can do that. So I let Mikel go to Chelsea,” he said.Mr Eazi linked the decision to his philosophy in the music industry, where he sometimes steps back so others can shine.
“So with this, with the music too, I had to, like, step back, go make a couple billions and then let other people shine,” he added.
He also cited fellow singer Seyi Vibez, whom he jokingly called a great Nigerian philosopher, for popularising the phrase ‘Let your brother shine’, noting that he is comfortable allowing others to take the spotlight while focusing on his own goals.
Mikel eventually joined Chelsea in 2006 and spent 11 years at the club, winning two Premier League titles, four FA Cups and the UEFA Champions League in 2012.
Mr Eazi has since become one of Africa’s most successful music exports, with a career spanning Afrobeats hit, business ventures, and contributions to the genre’s global growth.


