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Sanwo-Olu to Address UK Business Leaders on Investment Opportunities as Britain Exits EU

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Nigerian state governor to tell Institute of Directors: “There is a huge status to buying British in Nigeria, but in recent years, Britain has prioritised Europe in its trading relationships, allowing countries like China and Japan to take advantage. Brexit is the perfect opportunity to think again”.

Lagos State governor, Mr. Babajide Olusola Sanwo-Olu will on Monday showcase the post-EU opportunities for UK companies in Africa’s largest economy – when he becomes the first African to address an influential group of British business leaders.

Sanwo-Olu will address the Institute of Directors – UK’s oldest senior business leaders’ organisation. The engagement will make him the first African to do so and provide a platform for extensive discussion of available investment opportunities in Nigeria for British businesses post-Brexit.

Governor Sanwo-Olu will outline areas where the Nigerian government is actively looking to partner with British businesses, including transport and energy infrastructure, digital industries and technology, education, healthcare, environment and creative industries.

Interestingly, Mr. Sanwo-Olu, who is the governor of Nigeria’s most vibrant economic capital, will speak on the THEMES agenda of his administration.

THEMES, which is an acronym for Transportation & Traffic Management, Health & Environment, Education & Technology, Making Lagos a 21st Century Economy, Entertainment & Tourism, and Security & Governance, mirrors areas of investments and opportunities in the country.

Speaking during pre-session, Sanwo-Olu hinted that: “Nigeria is a continental powerhouse – one of the World’s biggest emerging markets and Africa’s largest economies. With a population of over 200 million people, our nation alone offers UK businesses a potential market half the size of the European Union and a gateway to the wider West African region.

“Nigerian leaders such as myself want our nation to become less reliant on oil hence our putting policies in place to unleash our national potential, foster innovation and diversify our economy. Britain is an ideal partner in that ambition.

“There is a huge status to buying British in Nigeria, but in recent years Britain has prioritised Europe in its trading relationships, allowing counties like China and Japan to take advantage of the trading opportunities offered by Commonwealth nations like ourselves. Brexit is the perfect opportunity to think again.

“If my own state of Lagos were a country is would have the fifth or sixth largest economy in Africa. UK businesses have so much to gain from post-EU trade with Africa, even on a regional level.

“This forum provides a veritable opportunity to highlight that even 60 years after independence, Britain and Nigeria have a prosperous and co-operative future ahead of us”.

Governor Sanwo-Olu was elected the governor of Lagos State – the centre of the Nigerian financial services sector – in 2019. Prior to that he was Managing Director of the Lagos State Property Development Corporation (LSPDC). He was also previously General Manager at some of Nigeria’s leading financial institutions.

His address will be delivered on Monday January 18 at 12noon. The event will take place online due to the COVID-19 social distancing guidelines.

More details can be found at www.iod.com

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How Wike Promised to ‘Hold PDP’ to Pave Way for Tinubu’s Reelection – Makinde

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Oyo State Governor, Seyi Makinde, has revealed that the FCT Minister, Nyesom Wike, in a meeting promised to “hold the PDP” to ease President Bola Tinubu’s 2027 re-election bid.

The governor, on Tuesday, during a media chat in Ibadan, Oyo State, noted that Mr Wike had the right to make his political choice as others could.

“I was in a meeting with President Tinubu, Nyesom Wike, and others when Wike volunteered to hold the PDP for Tinubu against 2027, and I was in shock. Wike can support the president in 2027, but I will not,” Mr Makinde said.

Affirming his loyalty to the Peoples Democratic Party, Mr Makinde explained that he informed President Tinubu of his inability to work with the Oyo State chapter of the All Progressive Congress.

“I said, no, sir, I can never help you organise the APC in Oyo State because I am of the PDP,” Mr Makinde stated.

The governor noted that the feud between him and the FCT minister stemmed from his refusal to join forces with Mr Wike, despite being in an opposition party, to support President Tinubu’s re-election in 2027.

He stated, “The real issue is that Wike would like to support the President for 2027. That’s fine. It is within his rights. But some of us want to ensure that democracy survives in Nigeria, and that PDP survives as well. He should allow us to make our own choices.

“I tried to engage him through a mutual friend, but when he did not back off, I confronted him directly. From that day, I made it clear I would never be part of this. Wike can support him, but it is also within my right to decide who I will support or what I will do in 2027. This explains the current conflict within the PDP.

“It is within his right to do that. But also, it is within my own right to decide within the political space who I will support or what I will do in 2027,” Makinde said.

The governor noted that his efforts, alongside others, towards preserving the existence of the Peoples Democratic Party, were to ensure that the country’s political landscape does not become a one-party system.

“Some of us want to ensure that democracy survives in Nigeria, we don’t drift into a one-party state. And we want to ensure that PDP survives. He should also allow us to do our own thing,” Mr Makinde said.

Emphasising on the need for a multi-party system, the governor stated that Mr Tinubu has the constitutional ability to restrain the minister if necessary.

“The President has the power to call his minister to order and allow democracy to survive in Nigeria,” he said.

Commenting on the state of the PDP, Mr Makinde insisted that there was no faction in the party.

He stated, “Where PDP is today, there is no faction. We held a convention here in Ibadan, we gave adequate notice to INEC, which is all that we are required to do under the law.”

Source: PeoplesGazette

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Six Rivers PDP House of Reps Members Defect to APC

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Six members of the Peoples Democratic Party (PDP) in the house of representatives have defected to the All Progressives Congress (APC).

The lawmakers include Dumnamere Dekor (Khana/Gokana federal constituency), Solomon Bob (Abua/Odual and Ahoada east federal constituncy), Hart Cyril (Degema/Bonny federal constituency), Victor Obuzor (Ahoada west/Ogba-Egbema/Ndoni federal constituency), Blessing Amadi (Port Harcourt II federal constituency) and Felix Nweke (Eleme/Oyigbo/Tai federal constituency).

Their defection follows that of Siminalayi Fubara, governor of the state, who swapped the PDP for the APC on December 5, 2025.

A week before the governor’s defection, 15 members of the Rivers state house of assembly, including Martin Amaewhule, the speaker, had dumped the PDP for the APC.

Tajudeen Abbas, speaker of the house, read the letters of the lawmaker’s defection during plenary on Wednesday.

APC national officers, including Victor Gaidam, national vice-chairman (south south), Felix Morka, national spokesperson; Dayo Israel, national youth leader; and Ajibola Basiru, national secretary, witnessed the defection.

After the defection, Abbas invited the lawmakers to the dais for photographs.

Ali Isa protested the defection, asking Abbas to declare their seats vacant.

Kingsley Chinda, the minority leader, kicked against the brief defection ceremony.

He said the ceremony should be expunged from the vote and proceedings of the day’s plenary, noting that no laws require lawmakers to announce their defection on the floor of parliament.

“Go to your ward and defect,” he said.

Abbas declined to rule on the objections.

“Your observations are noted,” he said.

Last week, four Rivers members defected to the APC.

The lawmakers are Umezuruike Manuchim (Port Harcourt I federal constituency), who defected from the Labour Party (LP) to the APC, while Boniface Emerengwa (Ikwerre/Emohua federal constituency), Awaji-Inombek Abiante (Opobo/Nkoro/Andoni federal constituency), and Boma Goodhead (Akuku-Toru/Asari-Toru federal constituency).

With the defection, the PDP now has only three members from Rivers in the house of representatives: Chinda; Kenneth Chikere (Port Harcourt I); and Kelechi Nwogu (Etche/Omuma).

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Another 115 Students of Catholic Missionary School Papiri Reportedly Regain Freedom

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The 115 schoolchildren of St. Mary’s Private Catholic Primary and Secondary School, Papiri, in Agwara Local Government Area of Niger State, who were still being held by their captors as of last Friday, have regained their freedom.

Their release is coming one month after they were abducted by the terrorists in a midnight raid on the school where 315 of them, including their teachers, were taken away.

About 100 of the children were released two weeks ago and have since been reunited with their families.

Although there had yet to be issued an official confirmation of the release as at press time, reports said that the school children were released on Friday evening in faraway forest between Agwara and Borgu local government areas of the State.

Already, security agents from the office of the National Security Adviser have been mobilised for evacuation of the children under heavy security.

Equally, Governor Umaru Mohammed Bago cancelled all official engagement and his proposed brief holiday and ordered prayers for the release of the remaining children.

The governor also ordered the closure of all schools in Niger State and several other federal institutions in high-risk areas to prevent further attacks.

The National Security Adviser, Nuhu Ribadu, accompanied by other Federal government delegations, visited Kontagora to meet the Catholic Bishop of the Diocese, Bulus Dauwa Yohanna, and distraught parents of the abducted children. Ribadu, during the meeting, assured them that the pupils were in stable condition and would soon be returned safely.

“God is with them, and God is with us. Evil will never win. They are going to come back. I give you that assurance,” he stated during the visit.

However, after 100 of the children were two weeks ago, attention was immediately shifted to the fate of the remaining 215 as security agencies continue coordinated operations to secure their release.

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