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Ways and Means: Tinubu will not Go Beyond Statutory Limit– Edun

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President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria (CBN) through the Ways and Means Advances.

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said this on Saturday in Marrakech, at the ongoing World Bank/International Monetary Fund (IMF) Annual Meetings.

He said that Tinubu was committed to “keeping with the spirit and the letter” of autonomy of the CBN.

Reports says that stakeholders and financial experts had criticised former President Muhammadu Buhari for worsening the country’s debt burden.

By obtaining more than N22.7 trillion in Ways and Means Advances from the apex bank.

Edun, however, said that the country was discussing with the World Bank for a 1.5 billion dollars budget support.

“The World Bank is the number one development bank that helps developing countries to fund their projects and programmes.

“We are happy that the funding will come in soon. World Bank money is the cheapest, ” he said.

The minister said that the government was also concerned about financing.

“About one trillion dollars is needed to meet the target of climate change globally. These is a climate financing fund which is relatively cheap.

“There is also a commitment to help Africa and the third world with climate transition because they are not responsible for climate change in any substantial way.

“One of the ways to help them is through climate financing and we will be looking at green bond and more climate financing options, ” he said. (NAN)

POLITICS

16 Parties to Jostle for Anambra Governorship Seat—INEC

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The Independent National Electoral Commission (INEC) says 16 out of 19 registered political parties in the country will participate in the Nov. 8 governorship election in Anambra.

Mr Sam Olumekun, National Commissioner and Chairman, Information & Voter Education Committee, INEC said this in a statement on Thursday in Awka.

Olumekun recalled that the commission recently published the particulars of candidates that emerged from parties’ primaries.

“A total of 16 political parties uploaded the particulars of their candidates (Form EC9) by the deadline of 6.00pm on May 12, 2025.

“Therefore 16 out of the 19 registered parties are participating in the election,’’ he said.

He said the participating parties’ candidates and running mates are Accord (A) Charles Onyeze and Apollonia Ezeadili, Action Alliance (AA); Japhet Ndeke and Anayochukwu Obi.

According to him, also participating are: African Action Congress (AAC) which is fielding Grace Ifemeludike and Ikechukwu Mgbemena, African Democratic Congress (ADC); John Nwosu and Ndubuisi Nwobu, All Progressives Congress (APC); Nicholas Ukachukwu and Lilian Ekwunife.

Also in the race are All Progressives Grand Alliance (APGA) represented by  Chukwuma Soludo and Gilbert Ibezim while the flag of  Allied Peoples Movement (APM) will be flown by Echezona Otti and Samuel Ezeigwe.

He said the Action Peoples Party (APP) would feature Cukwudubem Ndeke and Ebele Okeke as its candidate and running mate.

Others include Boot Party (BP) which would feature Jerry Okeke and Happiness Ugboma; Labour Party (LP) to be represented by Nnadubem Moghalu and Veronica Okaro; and New Nigeria Peoples Party (NNPP) on whose platform will be Geoffrey Onyejegbu and Victor Arinze.

The National Rescue Movement (NRM) would field Ndidi Olieh and Reginald Egbe; Peoples Democratic Party (PDP) would have Jude Ezenwafor and Chukwudi Okeke while Social Democratic Party (SDP) will field Vincent Chukwurah and Venatious Odira.

Similarly, Chukwuka Chukwuma would fly the flag of Young Progressives Party (YPP) with Izuchukwu Okagbue as running mate while Zenith Labour Party (ZLP) would have Martin Ugwoji and Faith Obi.

Olumekun said that in line with the provision of Section 33 of the Electoral Act 2022, political parties were empowered to replace their candidates who voluntarily withdraw from the race.

“The deadline for the withdrawal and substitution of candidates was Monday June 2, 2025.

“Consequently, the commission hereby publishes the final list of candidates that will contest in the 2025 Anambra state governorship election,” he said.

He said that no party had nominated a person with disability as a candidate.

The National Commissioner said the age bracket of the candidates is between 36 and 71 years.

According to him, the full list of the candidates by party, age, gender and academic qualifications have been uploaded on the commission’s website and social media platforms for public information.

He said with this publication, no further withdrawal or replacement of candidates would be allowed except in the event of death of a candidate or running mate before election day.

This, he explained, is as provided by Section 34(1) of the Electoral Act.

He said that in line with the provision of Section 94(1) of the Electoral Act 2022, parties would start their electioneering campaigns in public from June 11, 2025 and end at midnight on Nov. 6.

“All political parties and candidates must be given unimpeded access to public facilities for media campaign, outdoor advertising as well as public rallies and meetings.

“For the avoidance of doubt, Section 95(2) of the Electoral Act 2022 prohibits the use of incumbency to the advantage or disadvantage of any party or candidate,’’ he said.

He expressed optimism that the governorship election would hold on Nov. 8 as scheduled. (NAN)

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POLITICS

CP-PDP to Wike: “You’re Not Recognized as PDP Member”

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By Mike Odiakose, Abuja

The The Conference of Professionals in the PDP (CP-PDP) on Wednesday said the Minister of the Federal Capital Territory, Nyesom Wike has crossed the red line and he is no longer recognized as a bonafide member of the Peoples Democratic Party (PDP).

Reacting to the recent outburst by Wike in his latest media parley wherein he boasted that no one has the guts to tell him that he is not a member of the PDP, the CP-PDP declared that he has lost his membership of party by his open cessation of subscription, loyalty and adherence to the mandatory Code of Conduct of members as enshrined under Section 10 (6) of the PDP Constitution (as amended in 2017).

In a statement signed by Obinna Nwachukwu,
Protem National Coordinator, CP-PDP, “For emphasis Section 10 (6) of the PDP Constitution unambiguously dictates that “No member of the party shall align with other parties or groups to undermine the party or any of its elected government”.

“It is instructive to state that the legal claim, validity or legitimacy of membership of any political party or any organization for that matter, is explicitly embedded in the uncompromised subscription and absolute loyalty by an individual to the enshrined Code of Conduct of the organization.

“The self-executory import of Section 10 (6) is that by publicly aligning with the APC and declaring to work for the victory of the APC in the 2026 FCT Council Election and the 2027 Presidential election, the FCT minister, has by such alignment and declaration renounced, relinquished and terminated his membership of the PDP.

“Moreover, the constant outbursts, hauling of insults on the party leaders and the recent declaration to ‘pull out of all agreements’ and ‘to fight’ in the PDP underpins a complete rejection of the letters and spirit of the Code of Conduct of the PDP which action can only be associated with a non-member of the PDP.

“Furthermore, as patriotic Nigerians, the CP-PDP is disturbed by the FCT Minister’s use of his media parleys as channel to attack our party leaders. Such only overheats the polity and creates apprehension in the polity.

“The CP-PDP as a well-meaning body has directed our media professionals to engage their colleagues in the media on ways to check this disturbing trend. It must also be noted that nobody has the monopoly of media outbursts.”

While admonishing Chief Wike to leave the PDP alone and face his job in the APC administration, the CP-PDP restates its challenge to Chief Wike to hold a live media public hearing and allow Nigerians to directly engage him on allegations of corruption, mismanagement of funds, land grabbing, racketeering, vindictive revocation and demolition of property as well as alleged exploitation of residents, commuters and businesses with heavy tariffs, multiple levies and fees going on in the FCT in the last two years.

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POLITICS

Mid-term Report: Otti’s Govt Lacks Accountability, Transparency, says APC

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… Accuses Gov of Running ‘One-man Show’

By Mike Odiakose, Abuja

The Abia State chapter of the All Progressives Congress (APC) has slammed Governor Alex Otti of Abia state, for lack of
transparency and accountability since he came into office in 2023.

Speaking at the inauguration of the Renewed Hope Partners in the state, which held late on Sunday, Abia state APC Chairman, Dr.

Kingsley C. Ononogbu, said Governor Otti has been running a “one-man show” driven by propaganda rather than purpose.

Abia state chapter APC chaitman, however, assured the people and residents in the state of a competent hand devoid of propaganda and a one-man show.

According to him, a “better and truly new Abia” is still possible under the right leadership.

The Renewed Hope Partners is a support group of the party solely mobilizing support for the re-election bid of President Bola Ahmed Tinubu ahead of 2027 general elections.

According to Ononogbu, the inauguration marks the beginning of the journey aimed at repositioning Abia State for the Renewed Hope Crusade, and I believe so because I can see on the faces of everyone here, the search for a truly new Abia State.

He said: “When we read and listen to social media hype and praises, regarding the state of Abia, one often wonders if it is the same Abia State that we live in.

“Abia State today is nothing but a “A One Man Show” anchored on a very well oiled propaganda machinery. Accountability is long gone. Checks and balances non existent while conflict of interest is now a norm.

“A government of one man show from his private home and for selected friends and cronies. A government where the governor operates as the chief executive, chief accountant and the auditor.

“An administration that would prefer to convert a newly built government house to a 5 star hotel, while operating necodemously from his personal house. And for the roads being built newly, the style of collation, scrutiny, and award of the contracts falls below acceptable standard of state (F&GPC) and best practice.”

The APC chieftain declared that the Renewed Hope Partners must come to terms with the fact that they are support groups of the party and must partner with the party in its collective efforts to reach out to the grassroots across the country.

“When our people are well informed, they will stand firmly to rebuke and resist the sugar- coated lies of the deceitful coalition oppositions.”

He assured that the party will not only win at the federal level in 2027 “but APC will also win in Abia State.”

He also called on all the APC stakeholders in the state to be more united, saying “in the spirit of the ongoing reconciliations as directed by the President and accepted by all the critical Stakeholders of Abia APC , I urge all APC members in Abia State who for one reason or the other have been staying away from the activities of the party in the state to come back home.”

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