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2023 Elections: US Threatens Visa Restriction On Promoters Of Violence

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The United States of America says it will impose visa restrictions on anyone who promotes violence as Nigeria holds its general election in 2023.

America’s Deputy Assistant Secretary of State for Africa, Mr. Michael Gonzales, handed out the warning at an international conference with the theme, ‘United States Policy and Nigeria’s National Decisions in the 2023 Elections’, held at Johns Hopkins University, United States.

NAN reports that the conference, which was held at the School of Advanced International Studies in Washington DC, virtually, brought together Nigerian and American policy communities to discuss issues around the 2023 general elections.

Gonzales said the United States government “will continue to use our messaging, as well as other diplomatic channels at our disposal, including visa restrictions, where warranted, to dissuade those who may be tempted to use violence to undermine Nigeria’s democratic process.”

According to him, the US government remains committed to working with Nigeria to uphold its conventions toward ensuring a peaceful power transition in 2023.

NexTier’s Founding Partner, Patrick Okigbo, clarified that the reason for hosting the conference in the United States was to elevate the election issues and conversations to the international stage.

He reiterated the need for Nigeria’s international partners to assist in upholding her democratic process, even as he pointed out that “democracy is not an end state but a project that requires continuous nurturing”.

Okigbo said, “Insecurity in Nigeria and recent occurrences in West Africa and Sahel regions should cause Nigeria’s elite to use the 2023 elections to douse the tensions and set the country on a growth path.”

He further cautioned that the failure to address the issues raised at the conference could have devastating consequences, whilst attention to the recommendations could yield a bountiful harvest.

Other panelists highlighted the insecurity risks and the need to manage the 2023 elections properly, in addition to other points raised at the conference.

Among these points were the issue of faltering political developments as they concerned elitism and Nigeria’s progress, as it was observed that since 1999, the Nigerian elite had found a way to maintain a modicum of stability for elections and “eventually share the dividends of the election outcomes.”

In his contribution, Retired Brig.-Gen. Saleh Bala observed that “security challenges in Nigeria are true, present, and tangible but what is consistent is the lurking shadow of elite interests and how they serve their interests.”

On insecurity threats to Nigeria’s democracy, the conference found that poor management of the elections, especially the rotational presidency convention, could threaten Nigeria’s democracy against the backdrop of pervasive insecurity, the proliferation of small arms and light weapons, the rise of self-help groups, and increased secessionist agitations in southern Nigeria.

Director of the Centre for Democracy and Development, Ms. Idayat Hassan, noted that “political parties during the Anambra governorship election cycle could not campaign due to insecurity”, and that worse scenarios could happen in 2023.

Hassan asserted that “the zoning of the presidency to the south, particularly the Southeast, will give the region a sense of belonging in Nigeria.”

(NAN)

BIG STORY

BREAKING: GTCO Becomes First Banking Stock To Exceed N100 On NGX

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Guaranty Trust Holding Company has achieved a strong mid-market showing during the July 16, 2025, trading session, surpassing the N100 milestone.

This makes GTCO the first banking stock listed under the NGX Banking Index to cross the N100 benchmark, while Stanbic IBTC Holdings remained just below at N99.

The upward movement aligns with the broader positive sentiment in the banking sector, where the NGX Banking Index has gained over 22% so far in July.

The development follows GTCO’s recent dual listing, which involved 2.29 billion ordinary shares being listed on the London Stock Exchange on July 9, 2025, and another 2.28 billion shares added to the Nigerian Exchange the next day.

The stock’s rise appears driven by investor response to its cross-border listing and its strong Q1 2024 financial performance. Month-to-date, GTCO has posted a gain exceeding 27%.

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BIG STORY

BREAKING: Atiku Abubakar Resigns From PDP

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The presidential flagbearer of the Peoples Democratic Party in the 2023 general elections, Alhaji Atiku Abubakar, has officially withdrawn his membership from the opposition party.

Atiku submitted his resignation ahead of the 2027 general elections, following confirmation of his involvement in forming a new coalition known as the Alliance Democratic Congress.

The resignation was contained in a letter dated Monday, July 14, 2025, and addressed to the chairman of the PDP in Jada 1 ward, Jada Local Government Area, Adamawa State.

A copy of the letter was shared on X by the Special Assistant on Media to the former Vice President on Wednesday.

The letter stated, “I am writing to formally resign my membership from the People’s Democratic Party (PDP) with immediate effect.

“I would like to take this opportunity to express my profound gratitude for the opportunities I have been given by the party.

“Serving two full terms as Vice President of Nigeria and being a presidential candidate twice has been one of the most significant chapters of my life.

“As a founding father of this esteemed party, it is indeed heartbreaking for me to make this decision.

“However, I find it necessary to part ways due to the current trajectory the party has taken, which I believe diverges from the foundational principles we stood for. It is with a heavy heart that I resign, recognising the irreconcilable differences that have emerged.

“I wish the party and its leadership all the best in the future. Thank you once again for the opportunities and support.”

 

More to come…

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BIG STORY

EFCC To Appeal Ruling Acquitting Fayose Of Money Laundering Charges

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The Economic and Financial Crimes Commission (EFCC) says it will challenge the judgment that cleared Ayodele Fayose, former governor of Ekiti state, of money laundering and fraud accusations.

In his decision on a no-case submission, Justice Chukwujekwu Aneke ruled that the prosecution did not provide enough evidence to require Fayose to present a defence.

After the judgment, EFCC counsel Rotimi Jacobs stated that the commission would obtain the certified judgment and begin the appeal process.

Fayose and his company, Spotless Investment Limited, had been re-arraigned on an 11-count charge of laundering ₦6.9 billion, allegedly during his time as governor.

The charges included allegations that Fayose received ₦1.2 billion for his 2014 campaign and accepted $5 million in cash from Obanikoro, bypassing standard banking procedures.

He was also accused of laundering several sums and using over ₦1.6 billion to purchase properties via proxies and firms such as De Privateer Ltd and Still Earth Ltd, contrary to the Money Laundering (Prohibition) Act, 2011.

During the May 19 no-case submission, Kanu Agabi, Fayose’s lawyer, argued that the prosecution failed to prove its case and pointed out that Abiodun Agbele, allegedly central to the transactions, wasn’t charged, which weakened the EFCC’s position.

“With due respect, the predicate offences do not hold water. Criminal breach of trust and conspiracy are distinct offences, and no co-conspirator was charged,” Agabi stated.

He asked the court to find that Fayose had no case to answer.

Olalekan Ojo, lawyer for the second defendant, also submitted a separate no-case application dated March 21, 2025, with supporting documents filed on May 16.

Ojo contended that the main evidence provided by the prosecution, particularly Obanikoro’s testimony, was unreliable since he confirmed there was no direct communication between Fayose and Sambo Dasuki, the former national security adviser.

Jacobs, however, urged the judge to dismiss the no-case submissions, arguing that there were unexplained financial activities that needed clarification.

He questioned why Fayose didn’t use his personal account if the money was legitimate, referencing EFCC investigator Abubakar Madaki’s claim that Fayose acquired properties through associates who later denied ownership, even though Fayose admitted the properties were his.

“If the money was clean, why not buy the properties in his name?” Jacobs asked.

He also referred to Obanikoro’s account that Fayose requested the money in cash and introduced Agbele to receive it, saying Fayose must explain these actions.

Despite these arguments, the court ruled in favour of the defendants and granted the no-case submission.

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