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2027: PDP Governors Disown Atiku On Coalition, Merger

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Former Vice President Atiku Abubakar’s bid to rally the opposition into a coalition and merger fell like a pack of cards yesterday.

Governors of the Peoples Democratic Party (PDP), his political platform, pulled the rug from under his feat.

They ruled out PDP involvement in any coalition or merger ahead of the 2027 elections.

Rather, the governors said any political party or individual seeking a bigger platform is free to join the PDP.

On March 20 at the Shehu Musa Yar’Adua Centre in Abuja, Atiku in company with Nasir El-Rufai, among others, announced the plan for a coalition of the opposition against the All Progressives Congress (APC).

But yesterday, the governors ruled out PDP’s involvement in any such plan.

They said: “The nationwide speculations about a possible merger of political parties, groups and/or associations, the Forum resolved that the PDP will not join any coalition or merger.

“However, the PDP as a major opposition party welcomes any party, persons or groups that are willing to join it with a view to wrestling power and enthroning good leadership in 2027.”

The position announced after their meeting in Ibadan got the full support of Board of Trustees (BoT) member and one-time Deputy National Chairman Chief Olabode George.

Atiku has been contesting for President since 1993 during the aborted Third Republic.

Since the return of civil rule in 1999, Atiku who was President Olusegun Obasanjo’s deputy between 1999 and 2007 ran in 2007, lost the attempt to get the PDP ticket in 2011, lost the attempt to get the APC ticket in 2015 but contested as PDP standard bearer in 2019 and 2023.

The governors converged on Ibadan, Oyo State capital, to deliberate on the way forward for the major opposition party.

The meeting, hosted by Governor Seyi Makinde, also proposed May 27 for the party’s long-postponed National Executive Committee (NEC) meeting and the National Convention for August.

The governors rejected both National Secretary Senator Samuel Anyanwu and the claimant to the position Monday Ude-Okoye.

In line with the Supreme Court judgment which vests the power over decisions on internal matters in political parties, they nominated Deputy National Secretary Setonji Koshedo from Lagos State to act as National Secretary.

The Forum directed the Southeast to present a candidate for the position.

Other decisions of the meeting contained in the communiqué read by Bauchi State Governor Bala Mohammed, who is the chair of the forum, are:

”The Forum reasserts our collective determination to avert a rape of our constitutional democracy hence the decision of approaching the Supreme Court to give a clear-cut verdict on the interpretation of the provisions of the law on the declaration of State of Emergency in any state.

*”The Forum restates its solidarity with His Excellency, Sir Siminalayi Fubara, on the ordeal into which his state and people are being plunged by the declaration of a state of emergency. And we reiterate our commitment to stand with him till the end.

*”The Forum finds alarming the worsening security situation in the country, as evidenced in parts of the country, especially Borno, Plateau, Katsina and Edo States.

*”The Forum calls for review and reordering of priorities and strategies including adopting a bottom-up template that guarantees the sub-nationals to constitute an effective line of defence against security breaches.

*”While raising the concerns above, we condemn the recent attacks in Plateau State and commiserate with the government and people of the state especially those who lost their lives and properties during this unfortunate mishap.

*”The Forum resolves that working in conjunction with the National Working Committee (NWC) and other relevant organs of the party, to hold a NEC Meeting on the 27th of May, 2025; constitute a Zoning Committee that will address all issues relating to the zoning of party offices and hold an early convention in August 2025, precisely on the 28th, 29th and 30th in the ancient city of Kano.

*”The Forum equally recommends the constitution of the Zoning and National Convention Committees for ratification by the NWC and NEC as follows; Zoning Committee: Gov. Douye Diri – Chairman; Gov. Dauda Lawal – Vice Chairman and Gov. Caleb Mutfwang – Secretary, while the National Convention Committee has Gov. Ahmadu Fintiri as Chairman; Gov. Ademola Adeleke as Vice Chairman and Gov. Peter Mbah as Secretary.”

Bauchi Governor Mohammed lamented that the party was facing persecution under the current dispensation.

Makinde, who echoed the same sentiment, said PDP would form the next government in 2027, adding that it had learnt its lessons.

They spoke at a reception organised by the Oyo government for the PDP Governors Forum at the International Conference Centre, University of Ibadan.

Mohammed said despite the challenges, the leading opposition party is standing tall on his feet.

He said the meeting provided an opportunity for the governors to reflect, reconnect and reassess governance, adding that it laid to rest speculations of disunity and disagreement within the party.

Mohammed said the governors and the NWC are united in their efforts to resolve party crises and move the platform forward.

He said: “We are here on a routine meeting of the PDP Governors Forum and of course, it has become a tradition of reconnection, of reassessment and of course, self-assessment of the governors in terms of sitting down and discussing governance. We are here on a routine practice that we have established. PDP has come a long way as a party.

“Some of those speculations are mere lies. You can see we are together. We are united as a party.

“We are united with our National Working Committee, working to ensure that all those disparaging issues are set aside and we will work as per the mandate given to us because coming from the opposition, we are swallowing a lot of melancholy, a lot of persecution these days but certainly we are standing tall.”

Mohammed praised the PDP governors for living up to expectations in their states.

He said: “All our governors are working very hard to ensure that at least, we leave the society better than where we have found it and that is why we make the difference.

“In 2027, by the grace of God, we shall be taking over the rein of leadership in this country because Nigerians have learned and they know what it is all about.

“The governor of Oyo has said it. You can see what the young man is doing in this part of Nigeria. The infrastructural delivery, the human capital development and so on and so forth.

“If you go to Adamawa and see the kind of infrastructure that is being provided you will be amazed that from where is he getting the money.

“Taraba has already changed the landscape. Of course, Zamfara used to be a no-go area but today you have seen the security. People are happy because the governor is working.

“The same thing with Osun. My brother is not only dancing, he is dancing with wisdom, knowledge and righteousness. If you go to Bauchi you will see the trajectory has changed.

“It has changed for the best because we are all working. Our peer review mechanism is working. We are not just competing for positions, we are competing to excel.

“All our governors are working very very hard. In Bauchi, we are modestly trying to conquer, to catch up with other states that have left us behind in terms of looking at the expectations of the people and meeting them in infrastructure and services, education and so on and so forth.

“If you go to Enugu, definitely it’s a different story. That is an island of work, of services, of ingenuity and so on and so forth. The same thing with Akwa Ibom. The man of God is really a man of God. With fear of God, he is working very hard.

“The Sheriff by the sea is doing so well and of course, we have seen the provision of bridges, of roads and so on and so forth.

“These are the manifestations that determine good governors and we are not doing it to be praised. We are doing it because we want to set the tone for governance.”

On the emergency rule in Rivers State, Mohammed said PDP governors are behind Fubara, with the optimism that he would soon be back to continue his work.

He added: “We assure you we are not going to pre-empt the outcome of the court. We know our rights and we are hardly afraid of anybody but we respect everybody. What we want also is to be respected.

“Our laws should be respected so that our governors will be given a level playing field to work.”

Makinde said PDP would decide the step to take ahead of 2027.

He said: “Those people that have been carrying rumours all over the place that this is a meeting that will define the direction that PDP will go, let me tell you that PDP is going to where we want it to go, and by God’s grace, this is the party that will form the next government at the federal level.

“We have the capacity within the PDP, we have the people, we have the maturity to solve our internal issues.

“They should face their own internal issue, and I will repeat, just like I said before, the 2027 election is going to be between APC and the people of Nigeria.”

BIG STORY

FG Officially Declares Kidnappers, Bandits As Terrorists

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The Federal Government has officially designated kidnappers and violent armed groups as terrorists, marking a major escalation in Nigeria’s response to abductions, attacks on farmers, and community violence.

The announcement was made on Monday by Information Minister Mohammed Idris during the end-of-year press briefing in Abuja.

This move signals a shift from treating mass kidnappings and rural attacks as ordinary crimes to confronting them under full counterterrorism measures.

“Henceforth, any armed group or individual that kidnaps our children, attacks our farmers, and terrorises our communities is officially classified and will be dealt with as a terrorist,” Idris said.

“Now, the era of ambiguous nomenclature is over. If you terrorize our people, whether you are a group or you are an individual, you are a terrorist and will be classified as such. There is no name hiding under this again,” the minister said.

He added that the policy would strengthen intelligence sharing and operational coordination across security agencies, allowing for faster and more decisive action.

The minister highlighted that improved inter-agency collaboration has already produced results, noting that in 2025, two of the most internationally wanted criminals were captured through coordinated operations.

In a bid to secure vulnerable rural areas, Idris also announced the deployment of trained and equipped forest guards, saying that these personnel will combine surveillance, local intelligence, and rapid-response capabilities to secure forests and remote locations often used as hideouts by criminal groups.

By classifying kidnappers as terrorists, the government is signaling zero tolerance for abductions and rural violence, while expanding the powers of security forces.

The forest guard initiative is expected to disrupt criminal supply routes, dismantle camps, and provide reassurance to farming communities affected by insecurity.

He noted the arrest of the ISWAP head residing in Nigeria, described as one of the most wanted terrorists on the African continent, who had a substantial bounty placed on him by the United States.

“The most internationally wanted criminals, the ISWAP head residing in Nigeria, has been captured through the coordination of all the security agencies and those also in the intelligence community.

“Don’t forget that Abu Barra was captured a few months ago, and he was also presented to the public by the National Security Advisor and other security chiefs.

“This is one of the most wanted terrorists on the African continent, and he was captured through the coordination of our security forces.

“Remember also, this was someone who had a large sum of money put on his head by even the Americans to capture him and bring him to justice.

“As we speak today, this gentleman, together with his chief of staff, are undergoing and having their day in court, and he is going to get justice that befits them,” he said.

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BIG STORY

Nigerian, Four Pakistanis Charged In US For ‘$41m Insider Trading, Market Fraud Scheme’

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Six individuals, including a Nigerian, have been charged by the United States Federal Bureau of Investigation (FBI) for alleged involvement in “insider trading and market manipulation on a massive scale”.

The individuals were identified as Izunna Okonkwo, a Nigerian, and four Pakistanis — Muhammad Saad Shoukat, Muhammad Arham Shoukat, Muhammad Shahwaiz Shoukat, and Daniyal Khan.

Gyunho Justin Kim was charged in a separate complaint.

In a statement published on the website of the US Department of Justice, the FBI said the suspects participated in “a years-long scheme to trade securities based on material non-public information (MNPI)”.

The FBI said the suspects were charged to court in a case that stemmed from “three overlapping securities fraud schemes that occurred at various points from June 2020 through February 2024”.

The FBI said Kim worked at an investment bank that was involved in multiple mergers and acquisitions of publicly traded healthcare and biopharmaceutical companies, adding that he allegedly obtained MNPI about many pending deals.

Kim was said to have illegally shared the MNPI with Muhammad Saad Shoukat, who traded with the information, and shared same with others.

“Saad Shoukat also tipped off others — including Arham Shoukat, Shahwaiz Shoukat, Khan, and Okonkwo — who similarly traded and profited from the MNPI,” the FBI said.

“Overall, Saad Shoukat and his co-conspirators received illicit profits from the insider trading scheme totalling at least $41 million.

“Saad Shoukat, Arham Shoukat, and others actively manipulated the stock price of Olema, a publicly traded company. Olema focused on developing breast cancer treatment through a drug called OP-1250.

“From the spring of 2021, Saad Shoukat and Arham Shoukat began investing in Olema stock and encouraged others to invest in it.

“After buying substantial stock in Olema, Saad Shoukat, Arham Shoukat, and others accessed confidential information showing that OP-1250 was less effective than Saad Shoukat and Arham Shoukat had hoped.

“Saad Shoukat, Arham Shoukat, and others then falsified the OP-1250 data the co-conspirators had illegally accessed, and publicly disseminated it in a manner that made it look like the data was real and came from Olema.

“The release of the false data — which inflated the drug’s efficacy — temporarily caused Olema’s stock price to increase, during which Saad Shoukat, Arham Shoukat, and others profited and avoided losses by selling large numbers of shares in Olema stock.

“Saad Shoukat, his brothers, and others also manipulated the stock price of Opiant, another publicly traded company. Opiant was developing an opioid overdose treatment.

“Kim provided MNPI to Saad Shoukat about a company seeking to acquire Opiant. Based on that MNPI, Saad Shoukat and others bought Opiant stock. But that potential acquisition stalled, and Saad Shoukat and others were stuck with their stock purchases.

“In response, in or around April 2022, Saad Shoukat, his brothers, and others — using a fake Opiant website and fake Opiant email addresses that appeared legitimate — caused the publication of a fake press release announcing a purported merger and acquisition involving Opiant and another company.

“The fake press release drove up Opiant’s stock approximately 29%. Saad Shoukat, his brothers, and others profited by selling off shares during that spike, causing substantial losses to victim investors.”

If convicted, the suspects risk more than 20 years’ imprisonment.

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BIG STORY

Only Oyo Throne Can Confer Yorubaland Titles —– Alaafin

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The Alaafin of Oyo, Oba Abimbola Akeem Owoade I, has stated that he is the only traditional ruler with the authority to confer chieftaincy titles bearing the name “Yorubaland.”

The monarch made the assertion on Sunday at the Aganju Forecourt of the Oyo Palace during the installation of former Zamfara State Governor, Senator Abdul-Aziz Yari, as Obaloyin of Yorubaland, and Seyi Tinubu as Okanlomo of Yorubaland.

Owoade said chieftaincy in Yoruba tradition is neither ornamental nor granted as a favour, but a serious responsibility rooted in history, authority and service.

According to him, the Oyo throne has historically functioned as a central coordinating authority for the Yoruba people, a role that was recognised during the colonial era and sustained in post-independence governance.

He explained that titles carrying the name “Yorubaland” are collective in nature, representing the entire Yoruba nation rather than any single town or kingdom.

The monarch, therefore, stated that any ‘Yorubaland’ title must be conferred by an authority whose jurisdiction historically spans the whole region.

The Alaafin noted that this position has been validated by colonial records, post-independence councils, scholarly works and judicial pronouncements, including decisions of the Supreme Court of Nigeria.

Describing the newly installed titles as positions of trust, Oba Owoade said they demand courage, loyalty and selfless service to the Yoruba people, adding that such honours are intended to strengthen unity and respect for tradition across Yorubaland.

He urged the new titleholders to discharge their duties with humility and ensure that their roles promote dignity, cohesion and the collective good of the Yoruba people.

He said, “We are gathered here today for a purpose that goes beyond celebration. We are here to witness history and to place responsibility where tradition has long placed it. Chieftaincy, in our culture, is not an act of favour. It is not decoration. It is a duty, conferred only when history, authority, and responsibility align.

“From the earliest organisation of the Yoruba people, authority was never vague. Our forebears understood structure. This understanding gave Yorubaland stability long before modern governance arrived.

“The throne of Oyo emerged in that history as a coordinating authority, by responsibility. When colonial administration came, it did not invent this reality; it encountered it and recorded it. By 1914, Oyo Province had become the largest province in Southern Nigeria, covering 14,381 square miles. It was bounded in the north by Ilorin and Kontagora, in the east by Ondo and Ijebu, in the south by Ijebu and Abeokuta, and in the west by French Dahomey. This reflected recognised leadership over a wide and diverse space.

“This history explains why certain chieftaincy titles are different in nature. Titles that bear the name ‘Yorubaland’ are not local titles. They are collective titles. They speak not for one town or one kingdom, but for the Yoruba people as a whole. Such titles must therefore proceed from an authority whose reach, by history and by law, extends across Yorubaland.

“Today, I do not speak to provoke debate. I speak to state order. Among the Yoruba, authority has never been a matter of assumption or convenience. It has always been a matter of history, structure, and law. Thrones were not created equal in function, even though all are sacred in dignity.

“From the earliest organisation of Yorubaland, the Alaafin of Oyo occupied a central and coordinating authority—an authority that extended beyond the walls of Oyo and into the collective political life of the Yoruba people. This was not self-declared. It was recognised, enforced, and sustained across generations. Colonial records acknowledged it. Post-independence councils preserved it. Scholars documented it.

“And finally, the Supreme Court of Nigeria affirmed it. The law is clear. History is settled. Chieftaincy titles that bear the name Yorubaland—titles whose meaning, influence, and obligation are not confined to a single town or kingdom—fall under a singular, established authority. That authority is the throne of Oyo.”

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