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Atiku Abubakar, Peter Obi, Kwankwaso In Merger Talks Ahead Of 2027 — PDP

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The Peoples Democratic Party (PDP) has confirmed that three leading opposition figures in Nigeria are discussing a potential merger to challenge the ruling All Progressives Congress (APC) in the 2027 presidential election.

PDP Deputy National Spokesman Ibrahim Abdullahi revealed on Channels Television’s Sunrise Daily that Atiku Abubakar (PDP), Peter Obi (Labour Party), and Rabiu Kwankwaso (New Nigeria People’s Party) are considering a united front.

According to Abdullahi, the opposition leaders are willing to set aside personal interests to form a strong alliance and address Nigeria’s pressing issues, including hunger and insecurity.

He attributed the PDP’s past struggles to internal conflict management, which led to key defections, including former Rivers State Governor Nyesom Wike, Kwankwaso, and Obi.

He said, “We’ve lost Kwankwaso, we’ve lost Peter Obi, all of these people, imagine if they are in the party, we will have gone to win the elections.

“This APC said they defeated us with one million plus (votes), just one of these names that I mentioned would have covered that gap for us and we would have been in power today and certainly Nigerians would not have been confronted with this despair and despondency in the land.”

Asked if the PDP is trying to get Obi, Kwankwaso, Wike and others back into the party, Abdullahi said, “Sure, discussion is ongoing. You will see Peter Obi discussing with Atiku, you will see Peter Obi meeting with (Nasir) El-Rufai. Party management is a very difficult thing and we are doing the best in the quagmire that we have found ourselves. Rest assured, there would light at the end of the tunnel. We have learnt our lessons in a bitter way.”

In the 2023 presidential election, Tinubu, came out tops in 12 of Nigeria’s 36 states, and secured significant numbers in several other states to claim the highest number of votes, 8,794,726, almost two million votes more than his closest rival, Atiku Abubakar of the PDP.

Atiku, who has ran for president six times, got 6,984,520 votes, while Obi, a first-time contestant, secured an unprecedented 6,101,533. Kwankwaso, former Kano State governor, finished fourth, claiming victory in his state, Kano. He secured 1,496,687 votes.

Interestingly, Obi and Kwankwaso were PDP members months before the last poll but cited irreconcilable difference as reasons they exited the party.

Asked what would happen if Obi and the others returned to the PDP, he said, “One of them would concede for the other and then we would have a direction.

“Our concern as a party and to these people that I have mentioned is to ensure that we salvage Nigerians from this despair and despondency, between maladies of hunger and frightening insecurity in the land. You could see cluelessness and ineptitude on the part of these people managing this country.”

The PDP chieftain said salvaging Nigerians out of the present hardship is more important than the individual ambitions of the trio.

He said, “Atiku is saying if it is better for him to get Nigeria out of this hopelessness, he would do so.

“He (Atiku) must not be in the race. Atiku is saying that it is an entitlement to him as a democrat; the constitution provides for him that he could contest at any time.

“What he is trying to say is that (there) is no ceiling stopping him from contesting. That is his fundamental democratic right but he is not saying that he will force it on the throat of the party or the country.

“I am telling you clearly: Peter Obi is suitably qualified; he can aspire and we will support him if he gets the ticket. Atiku is suitably qualified and if he gets the ticket, we will rally behind him and give him the desired support to salvage Nigerians out of this situation.”

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NNPC Releases Another Estimated Petrol Price Breakdown

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The Nigerian National Petroleum Company Limited (NNPC) has released a revised breakdown of the estimated price of petrol purchased from the Dangote refinery.

Earlier, NNPC issued a statement on Monday providing a chart breakdown of the refined petrol product bought from the refinery on September 15.

According to the statement, NNPC is paying for the September 2024 petrol offtake from Dangote refinery in United States dollars. However, Naira transactions are scheduled to commence on October 1, 2024.

The statement reads, “The NNPC Ltd. has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country.

“The estimated prices are based on negotiated terms between NNPC Ltd. and Dangote Refinery which recognise the current international gasoline prices and the prevailing foreign exchange rate in line with the provisions of the Petroleum Industry Act (PIA) 2021.

“The NNPC Ltd. can confirm that it is paying Dangote Refinery in USD for September 2024 PMS offtake, as Naira transactions will only commence on October 1st, 2024.

“We reassure Nigerians that any discount from the Dangote Refinery will be passed on 100% to the general public.”

While the data of the estimated price to be sold around the country remains the same, the analysis of the transaction it had with Dangote Refinery was altered.

While the first press statement on Monday had a Nigerian Midstream and Downstream Petroleum Regulatory Authority fee of ₦8.99, the second statement showed ₦4.495.

The first statement had an inspection fee of ₦0.97, a margin fee of ₦26.48 and a distribution fee of ₦15.

In the second statement on Monday, there were no inspection and margin fees, while the distribution fee was changed to ₦42.45.

The second statement also had an additional Midstream and Gas Infrastructure Fund fee of ₦4.495.

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110m Nigerians Have Enrolled For NIN — NIMC DG Coker-Odusote

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The National Identity Management Commission (NIMC) has announced that 110 million Nigerians have registered for the National Identification Number (NIN), representing a 2.4% increase from the 107.34 million recorded at the end of May.

NIMC Director-General, Abisoye Coker-Odusote, disclosed this on Monday at the sixth edition of the National Day of Identity in Abuja, themed “Digital Public Infrastructure: Enabling Access to Services.”

Coker-Odusote attributed the achievement to NIMC’s strategic plan and emphasized the crucial role digital public infrastructure (DPI) plays in Nigeria’s economic development.

“The role of DPI has become indispensable to Nigeria’s economic development, as it offers a framework that connects citizens to essential services such as social welfare, healthcare, education, and financial inclusion,” Coker-Odusote said.

“At the forefront of this transformation is NIMC, responsible for the National Identification Number, which has enrolled over 110 million Nigerians.

“This provides a unique opportunity for the other two pillars of the DPI – data exchange and payment – to be layered on foundational identity for its effective development and adoption.”

Coker-Odusote said digital infrastructure has supported the government and financial institutions in enabling digital payments, digital money, digital identity and digital processes.

She said the student loan initiative, which has supported 257 institutions, registered 332,715 students for loans, and disbursed payments to over 18,000 students, demonstrates how DPI can remove financial obstacles to education

“I must say we are on the right path and key strides have been made through collaboration and partnerships with government agencies and private sector players linking of NINs and phone numbers with the telecommunication companies, NIN and bank verification number harmonisation with financial institutions to facilitate digital payments, digital money, digital identity and digital processes, amongst others,” she said.

“Furthermore, the student loan initiative showcases how DPI can eliminate financial barriers to education.

“Our journey with DPI reflects its similarity to physical infrastructure, requiring it to be open, interoperable and guided by set of governance rules and as such the public and private sectors need to intensify their partnership to drive innovation within the digital identity space and reap the benefits of DPI.”

Coker-Odusote said international collaboration is also essential in integrating innovative solutions and leveraging global expertise while ensuring Nigeria’s DPI remains competitive.

This strategy, she said, would enhance service delivery, boost our social investment programmes, and position Nigeria as a global player in the digital economy.

The enrolment increase may be a result of several announcements by the Nigerian Communications Commission (NNC), threatening to block unlinked phone lines.

On August 28, the NCC announced September 14 as the “final deadline” for its NIN-SIM linkage exercise, directing all mobile network operators (MNOs) to complete the verification and linkage of SIMs to NINs by the set date.

The commission had said over 153 million SIMs have been successfully linked to a NIN, “reflecting an impressive compliance rate of 96 percent, a substantial increase from 69.7 percent in January 2024″.

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JUST IN: Nigeria’s Inflation Rate Drops To 32.15%, Second Decline In 2024 — NBS

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The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate to 32.15% in August, marking the second consecutive decrease in 2024.

According to the NBS Consumer Price Index (CPI) report for August, released Monday, the CPI decreased by 2.22% from 33.4% in July 2024.

The bureau noted that food inflation also declined to 37.52% as prices of major food and non-alcoholic beverages continued to slow.

Additionally, the NBS stated that the August headline inflation rate showed a decrease of 1.25% points compared to July 2024.

This downward trend indicates a potential easing of price pressures in the Nigerian economy.

 

 

More to come…

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