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Obaseki, Senate on War Path Over Edo Assembly Crisis
By Jude Opara, Abuja
The stage may have been set for the battle of supremacy between the governor of Edo State, Godwin Obaseki and the Nigerian Senate over the crisis that has rocked the state House of Assembly since its inauguration on June 17.
This is because while the Senate yesterday at plenary gave Governor Obaseki a one-week ultimatum to issue a fresh proclamation for the inauguration of the Edo State House of Assembly, the governor has said he will do no such thing because the senate was over reaching their mandate by such directive.
The senate had sequel to the recommendations of the Senate ad-hoc committee which was set up to look into the crisis which has rocked the Edo Assembly since its controversial inauguration, said the only way out was for a fresh proclamation within one week or they will take over the legislative duties of the state Assembly.
Chairman of the committee, Aliu Sabi while presenting his report said they interacted with all the relevant stakeholders involved in the Edo debacle including; Governor Godwin Obaseki, the chairman of the All Progressives Congress (APC) in the state, the clerk of the Edo Assembly as well as the Speaker.
He equally revealed that those on the other side of the crisis including the protesting members who have refused to take their seat, as well as the National chairman of the APC, Adams Oshiomhole.
In their recommendation, the committee said that the Edo State governor, Godwin Obaseki should within three weeks issue a fresh proclamation for the inauguration of the Edo Assembly, failure of which the National Assembly will invoke Section 11(4) which mandates it to take over the running of the Assembly of any state where the Assembly cannot sit.
However, Senate Leader, Abdulahi Yahaya who moved a motion for the amendment of the recommendations suggested that the time frame for him to comply be reduced to one week because the matter has been in the public domain for a long time.
Interestingly, this motion was never seconded before the Senate President, Ahmed Lawan ruled it its favour.
Sabi further said that the observations of the committee showed that while the governor actually made the proclamation, the clerk did not extend proper invitation to all the members, a result of which they were unable to attend the inauguration.
He further said that the proclamation did not indicate the time for the inauguration and that it was not properly advertised in the mass media as required by law.
There were some contrary views as espoused by Rochas Okorocha of Imo State who cautioned against the move of the senate which he said suggests that it looks as if the National Assembly is in a hurry to take over the Edo Assembly.
According to Okorocha, the matter is an APC in house matter that ought to have been amicably resolved by the leadership of the party.
The former Imo State governor also wondered why the seeming haste to take a drastic action in the Edo matter while it has glossed over such issues in other states in the past.
Lawan endorsed the one-week amendment done by the Senate leader. An attempt by Orke Jerve to direct the Senate on the position of the Constitution on the proclamation was overruled by Lawan who said the time for him to do that has not come.
But in a statement issued yesterday in a sharp reaction to the position of the senate and made available to Daily Asset, Secretary to the State Government (SSG), Osarodion Ogie on his behalf, the governor said he would not issue a fresh proclamation.
He equally described the action of the senate as an illegality that cannot stand, adding that he was not entirely surprised that the senate could arrive at such a conclusion because of the enormous pressure being mounted on them by some highly placed individuals who are interested parties to the crisis.
“As earlier mentioned, this move was not unexpected in the light of the enormous political pressure which had been brought to bear on the officers and members of the distinguished senate by the highly-placed and powerful persons who are intent on foisting their will and choices on the good people of Edo state.
“This is borne out by the recorded statements made by one Seid Oshiomhole (a member-elect and younger brother of the national chairman of the All Progressives Congress (APC) Comrade Adams Oshiomhole) wherein he boasted that both the senate president, Senator Ahmed Lawan and the speaker of the house of representatives, Rt. Hon. Femi Gbajabiamila have been instructed on what to do in this matter.”
The statement further stated that the ad-hoc committee was put in the know concerning the three courts pending on the matter.
“The government of Edo state wishes to observe that the chairman and members of ad-hoc committee of the senate which visited Edo state were made aware of the existence of at least three (3) suits pending before various courts wherein the factual and legal dispute regarding the Edo State House of Assembly inauguration have been submitted to the courts by both contending parties for resolution.
“It is unfortunate that the distinguished senate would act in flagrant breach of these various court orders and purport to come to factual and legal conclusions concerning a matter in which the parties are already before the courts and therefore sub-judice.
“The Edo state government maintains that there is nowhere in the constitution particularly Section 11(4) which enables the national assembly to take over any house of assembly or in this respect, the Edo state house of assembly.”
Analysts believe that the crisis rocking the Edo Assembly is fallout of the misunderstanding between the national chairman of the APC, Adams Oshiomhole and his estranged godson, Governor Obaseki.
Nine lawmakers loyal to Obaseki were inaugurated on June 17, as those loyal to Oshiomhole stayed away. However, three more are said to have joined those in support of Obaseki bringing their number to 12.
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Road Accidents Claim 4,000 Lives in Eight Months, Says FRSC
By Elijah Oguche, Abuja
The Federal Road Safety Corps has said that 3,915 persons lost their lives in 7,715 road crashes recorded across the country between January and September 2025.The Corps also disclosed that 24,674 people sustained varying degrees of injuries within the same period.
The Corps Marshal of the FRSC, Shehu Mohammed, made this known yesterday at the National Town Hall Meeting and Ember Months Road Safety Campaign flag-off with the theme “Take Responsibility for Your Safety; Stop Distracted Driving,” held in Port Harcourt, Rivers State. Mohammed said the statistics indicated an increase in both road crashes and fatalities compared to figures recorded in 2024.He revealed that within the same period, Rivers State recorded 15 deaths and 51 injuries in 47 road crashes, noting that this represented a reduction compared to the 2024 record.He said, “Crash statistics recorded between January and September 2025 nationwide showed that a total of 7,715 road traffic crashes occurred, representing a 10.04 per cent rise compared to 7,011 crashes recorded within the same period in 2024. Again, 24,674 persons sustained varying degrees of injuries, compared to 22,373 injured in 2024.“This also reflects a 10.28 per cent increase. Also, 3,915 persons were killed in 2025 as against 3,811 in 2024, indicating an increase of 11.55 per cent.“However, in Rivers State, within the same period, 15 persons were killed and 51 were injured in 47 reported road crashes. When compared to the 2024 record, these figures represent a 35.7 per cent decrease in fatalities and a 37.5 per cent decrease in road crash-related injuries.”Mohammed said the improved figures in Rivers State reflected better emergency response and increased road safety awareness.“In comparison, the national road crash records during the period under review are an alarming reminder that road crashes can destroy families, weaken communities, and impose severe socio-economic burdens on our nation.“I therefore call on every road user to demonstrate caution, discipline, and vigilance while on the highways,” he added.The Corps Marshal explained that the decision to flag off this year’s Ember Months Campaign in Rivers State was deliberate, given the state’s status as one of the busiest transportation hubs in Nigeria.He stated that the FRSC had strengthened its proactive interventions, advanced its operations, expanded public enlightenment campaigns, and deployed technology in road safety management.He added that in preparation for the expected traffic surge during the season, the FRSC had commenced implementing its programme outline for safe and secure road transportation during the Ember Months.In his keynote address before flagging off the campaign, Rivers State Governor, Siminialayi Fubara, warned motorists and boat operators to be more vigilant and avoid speeding during the festive period.Fubara, who was represented by the Secretary to the State Government, Benibo Anabraba, urged the National Union of Road Transport Workers and the Maritime Workers Union to sensitise their members against vices such as speeding, drink-driving, negligence, and other unsafe driving behaviours.The governor noted that despite the state government’s investment in quality road infrastructure, crashes have persisted due largely to drivers’ poor attitudes.COVER
Nigeria ’ll Defeat Terrorism, Build Stronger Partnerships, Tinubu Vows
By David Torough, Abuja
President Bola Tinubu has reaffirmed his administration’s commitment to defeating terrorism and strengthening diplomatic ties with Nigeria’s global partners.
“We are engaging the world diplomatically, and we assure all of you that we will defeat terrorism.
The task ahead is to move forward with clarity of purpose guided by the Renewed Hope agenda to build a prosperous Nigeria,” the President declared just before the Federal Executive Council entered a closed-door session on Thursday.The meeting, held yesterday at the Council Chamber of the Aso Rock Villa, Abuja, is the first gathering of the council since July.
His remarks come days after U.S. President, Donald Trump designated Nigeria as a ‘Country of Particular Concern,’ a move the Federal Government has described as a misrepresentation of the nation’s security situation.
In his first public comments on the matter, Tinubu said his government is engaging the international community to advance security, stability and economic growth.
“Despite political headwinds and fears, we will continue to engage with our partners.
“The success of the $2.3bn Eurobond, which was oversubscribed, is a sign of confidence in our economy.
“The task ahead is immense, but we are resolved to move forward with unity and purpose,” he said.
The president also assured Nigerians that the country remains united and resolute in its pursuit of peace and prosperity.
Tinubu commended members of his cabinet for their commitment to his Renewed Hope Agenda, emphasising the need for unity and focus in implementing government reforms.
Meanwhile,the House of Representatives on Thursday commenced an investigation into all security intervention funds disbursed by the Federal Government from 2020 to date, promising to be guided by transparency and accountability in examining how resources allocated for the protection of lives and property have been managed.
The Chairman of the Ad Hoc Committee on the Expenditure of All Intervention Funds on Security, Zakaria Nyampa, disclosed this during the inauguration of the committee at the National Assembly Complex, Abuja.
The Adamawa lawmaker said the probe was necessitated by the widening gap between the huge budgetary allocations to the security sector and the continuing wave of insecurity across the country.
“This is not a witch-hunt. Our duty is to ensure that every naira released for security serves its purpose to safeguard lives and property,” he said.
Nyampa explained that the probe would cover all intervention heads, special allocations, and procurement processes undertaken by beneficiary agencies.
The committee, he added, would also assess the impact of the spending on security outcomes nationwide.
“We are determined to follow the money with diligence, objectivity, and patriotism,” he said.
To ensure credibility and openness, the committee pledged to collaborate with the Ministry of Finance, the Budget Office, the Office of the National Security Adviser, defence and police authorities, as well as anti-graft agencies, to expose any shady transactions.
He further noted that the mismanagement of funds meant for security has grave consequences for national stability.
“When money meant to secure our nation is diverted, the cost is not just in naira and kobo—it’s in human lives. We owe it to Nigerians to get this right,” he said, assuring all that the committee’s report would help strengthen security governance and restore public trust.
The Speaker of the House of Representatives, Tajudeen Abbas, reaffirmed the House’s commitment to accountability, probity, and proper utilisation of all security intervention funds.
Abbas, represented by the Deputy Chief Whip, Ibrahim Isiaka, said the creation of the committee demonstrated the House’s unwavering resolve to ensure transparency in matters of national security.
He urged the committee members to uphold accountability, effectiveness, and fairness—values which, he said, are the core principles of the House of Representatives.
The Speaker commended Nyampa for accepting to lead the assignment with integrity and urged the committee to discharge its duties diligently.
Nigeria’s persistent security challenges—including insurgency, banditry, terrorism, and communal conflicts—have compelled successive governments to create special financial mechanisms known as security intervention funds. These funds are designed to provide swift financial responses to security emergencies and to support infrastructure projects that enhance safety nationwide.
The initiative gained prominence as part of federal efforts to complement regular budgetary allocations to security agencies and state governments. In recent years, the Federal Government has disbursed substantial sums to states and the Federal Capital Territory under the Infrastructure and Security Intervention Fund.
Between March 2024 and May 2025 alone, approximately ₦1.6 trillion was released to states from non-oil revenue savings. The fund was intended to strengthen internal security, improve public infrastructure, and cushion fiscal pressures following the removal of fuel subsidies.
In addition to federal disbursements, state governments also maintain security votes—monthly allocations meant to address state-level security concerns. These funds, however, have long been criticised for lacking transparency and accountability, as their utilisation often falls outside legislative oversight.
Despite the huge financial commitments, there are widespread concerns that the intervention funds have not significantly improved security outcomes.
Observers argue that misuse, poor coordination, and weak monitoring mechanisms have hindered their effectiveness. Civil society organisations have repeatedly called for greater transparency and clearer guidelines to ensure that the funds achieve their intended purpose.
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Nigeria Raises $2.35bn Eurobond as Investors Place Record $13bn Orders
By Tony Obiechina, Abuja
Nigeria has successfully raised $2.35 billion from the international capital market through the issuance of Eurobonds, attracting an unprecedented $13 billion in orders from global investors — the largest orderbook in the nation’s history.
According to a statement by the Debt Management Office (DMO), the Federal Republic of Nigeria priced $1. 25 billion in 10-year bonds due 2036 and $1. 10 billion in 20-year bonds due 2046. The instruments were priced at coupon rates of 8.63 per cent and 9.13 per cent respectively.The Eurobond issuance drew strong demand from a diverse mix of investors across the United Kingdom, North America, Europe, Asia, the Middle East, and Nigeria, reflecting renewed global confidence in the country’s economic management and reform efforts.President Bola Ahmed Tinubu, reacting to the successful issuance, described the outcome as “a reaffirmation of Nigeria’s credibility in the global capital market and the strength of our reform agenda.”The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the strong subscription demonstrated the international community’s confidence in Nigeria’s economic direction and its commitment to sustainable and inclusive growth.DMO Director General, Patience Oniha, noted that Nigeria’s return to the Eurobond market was a major achievement, enabling the government to secure long-term funding to drive growth and development, while diversifying funding sources.The proceeds from the Eurobond sale will be used to finance the 2025 fiscal deficit and meet other government financing needs. The Notes will be listed on the London Stock Exchange, FMDQ Securities Exchange Limited, and the Nigerian Exchange Limited.Chapel Hill Denham, Citigroup, Goldman Sachs, J.P. Morgan, and Standard Chartered Bank acted as Joint Bookrunners, while FSDH Merchant Bank Limited served as Financial Adviser on the transaction.
