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BREAKING: Tinubu Nominates Former Lagos Commissioner, Wale Edun, APC Governor Into Transition Council

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The President Elect, Asiwaju Bola Ahmed Tinubu, has nominated two persons into the Presidential Transition Council (PTC).

It was gathered that two slots were reserved for the president-elect in the transition council President Muhammadu Buhari set up before the elections.

On Tuesday, Secretary to the Government of the Federation (SGF) and Chairman of the PTC, Boss Mustapha, disclosed that Kebbi State Governor, Alhaji Atiku Bagudu, and a former Commissioner for Finance in Lagos State, Chief Olawale Edun, had been nominated as members of the council.

Mustapha assured that the transition process was on course and that all efforts were being made to ensure that there would be peaceful transfer of power to the new President.

Speaking at the first interface between the PTC and the media since its inauguration by Buhari, Mustapha said since the inauguration, the council has met four times, adding that the 5th held on Tuesday.

“This process of interface is necessary so as to keep Nigerians abreast of developments, build inclusiveness and lay a solid foundation for peaceful transition of power in our country. The Presidential Transition Council which was inaugurated on 14th February 2023 is made up of 24 members which includes two persons from the President-Elect’s team.”

“After the declaration of, Asiwaju Bola Ahmed Tinubu as the President-Elect, the PTC requested him to nominate his representatives on the council as provided in the Executive Order. The President-elect nominated Atiku Bagudu, the Governor of Kebbi State and Chief Olawale Edun,” Mustapha said.

He also said to ensure a smooth transition process and make the work more efficient, the PTC broke into three committees.

According to him, the first is Inauguration Committee which is responsible for organizing the swearing-in and the inaugural parade; working out the details Programmes and other logistics necessary for the successful inauguration ceremonies.

“This committee is headed by the SGF with 15 members and is working through 13 sub-committees facilitate effective planning and execution of the Inauguration activities. These sub-committees are: Media and Publicity; Church Service; Juma’at Service; Protocol and Invitations; Transport and Logistics; The Inauguration Lecture; Ceremonial Parade; Venues and Swearing in; Medical; Inauguration Dinner/Gala Night; Post Inauguration Luncheon; Accommodation and Children’s Day Celebration.

“The President-elect has also been requested to nominate 13 persons that will work across the 13 sub-committees. The sub-committees have been working round the clock to ensure that all preparations are in place for a smooth inauguration ceremony.

“The second committee is the Transition Documents Committee which is headed by the Head of the Civil Service of the Federation. The committee is responsible for compiling all policy, programmes and projects of this administration in the form of a compendium that focuses on this government’s nine priority areas.

“It is also in charge of ensuring the preparation of sectoral briefs and handover notes of the current administration for the in-coming administration. The Committee is working assiduously to finalize the compilation of these documents.

“The third committee is the Facilities, Security and Intelligence Committee. The duty of this committee is to organise necessary facilities, including furnished office and personnel for the President-and Vice-President-Elect and their transition team; Provision of security for the President and Vice-President Elect; Provision of covert and overt security before, during and after the 2023 Presidential Inauguration including venues of events, hotels, airports, entry points, roads and general surveillance of FCT. This committee is headed by the National Security Adviser (NSA),” he said.

BIG STORY

JUST IN: Dele Momodu Dumps PDP For ADC, Cites Hijack By ‘Antidemocratic Forces’

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Veteran journalist and former presidential aspirant, Dele Momodu, has officially left the Peoples Democratic Party, attributing his departure to what he called the party’s takeover by “antidemocratic forces.”

In a letter dated July 17, 2025, addressed to the Chairman of PDP Ward 4 in Ihievbe, Owan East Local Government Area of Edo State, Momodu confirmed that his resignation takes “immediate effect,” describing it as a move to preserve democratic values.

“My reason is simple and straightforward. Our party has been unarguably hijacked by antidemocratic forces, from within and outside, in broad daylight,” the letter stated.

He referred to the PDP as a “carcass” now controlled by those undermining internal democracy, adding that leaving the party at this time was the honourable course of action.

“It is, therefore, honourable to abandon the carcass of the party to them while the majority of us earnestly sign up with the new coalition party known as the African Democratic Congress,” he said.

Momodu, who vied for the PDP presidential ticket in the 2023 elections, also thanked party members for their support.

“I will forever treasure the kind support you gave me at all times,” he added.

This development comes amid growing defections within the PDP in recent months, with several members and leaders raising concerns over imposition and the erosion of internal democracy.

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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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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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