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Group Advises PDP Against Fielding Atiku for 2023

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Ahead of the 2023 general elections, a pressure group within Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has warned against fielding a septuagenarian as the party’s candidate in the presidential election.

The group, “Action 2023”, in a statement signed by its National Chairman, Dr.

Rufus Omeire, advised the party to rather beam it’s searchlight on aspirants in the 50 years age bracket who are many within the party.

The group’s statement came in the wake of views expressed by Segun Sowunmi, a former spokesman of Atiku Abubakar Campaign Officevin the 2019 presidential election, who in a letter to PDP governors, rejected the idea of fielding “a kindergarten President and Commander-in-Chief” for the PDP.

“Deploring Sowumi’s comments, Omeire cited the examples of Sokoto State Governor, Hon. Aminu Waziri Tambuwal and former Senate Presidents, Dr Bukola Saraki and Senator Anyim Pius Anyim, who headed the different arms of the legislature at the Federal level as chief executives.

He noted that apart from Atiku who is 75-years-old other touted presidential candidates for the party are mostly in their 50s.“Is Sowunmi saying that only those in their 70s are preferred presidential candidates rather than the relatively younger ones he described as kindergarten candidates? With respect to relevant experience for the top job, let us x-ray the candidates.


“Atiku Abubakar’s public sector experience consists of deputy director of customs, a subordinate position. He never became Chief Executive of Customs and Excise Department. The buck never, for one day, stopped on his table in the Customs Service. “He became Vice President of the Federal Republic of Nigeria, a highly exalted office, but he was never a chief executive. He only carried out instructions of his boss, President Olusegun Obasanjo.

“He never had the experience of a Chief Executive. The buck never stopped at his table. The President could accept or reject his recommendations. He didn’t have relevant direct experience of the top job.”So wherein lies the famed experience of Alhaji Atiku Abubakar? He clearly doesn’t have the requisite public sector experience. Does he have private sector experience? Atiku is not Dangote, Otedola or Jim Ovia or Tony Elumelu or Mike Adenuga,” Omeire stated.

Taking the argument further, Omeire said Atiku was not a known manufacturer of goods and services. He said the former presidential aspirant’s well known company is INTELS, which he set up with others, was hardly a recommendation for presidential office.

“One thing he has done very well is run a winning primaries in defunct political party ACN and PDP. Is this enough experience for president? Other candidates seem to have better public sector experience, some have solid private sector experience as Chief Executives. 

“Tambuwal, Saraki and Anyim headed Houses of the Legislature at the Federal level as Chief Executives. The buck stopped on their tables as Speaker and Presidents of the Senate”, Omeire said.He noted that Sowunmi ought also to have talked about Atiku’s attitude of abandoning ship midsea, the way he did to PDP after the 2019 Presidential Election after the PDP invested its ticket and hopes in him.

“He even lost four of the six states in the North East, winning his home state of Adamawa with only 30,000 votes.


“Tambuwal, Bala Mohammed, Wike and Saraki have relevant executive experience as governors. They have seen it all from the executive point of view. They take decisions at the executive level in their states and have direct and firsthand experience in formulation and execution of government policies.

 “Ohuabunwa (Chief Sam Ohuabunwa) was Chief Executive of a publicly quoted company NEIMETH and helmsman of the Manufacturers Association of Nigeria.

“Sowunmi should find other grounds to market Atiku, his boss, rather than flouting his old age and questionable relevant experience. He should further desist from this unnecessary insults on other aspirants who Alhaji Atiku may have to support after the primaries”, Omeire stated.

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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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