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Thisday Group Announces New Executive Appointments

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The board of directors of THISDAY Group has announced new executive and senior appointments for THISDAY Newspapers and the Arise News Channel, with immediate effect.

Following the approval of the board, Shaka Momodu after a 7-year stint as the Editor of the Saturday and Sunday titles of the newspaper, has been appointed as the Editor of THISDAY.

He succeeds Mr. Bolaji Adebiyi, who was promoted to the position of Managing Editor (Print and Digital). Mr. Israel Iwegbu was announced as the Deputy Managing Director, THISDAY.

By this promotion, Momodu becomes the first person, who started his journalism career with THISDAY as a rookie reporter, to rise through the ranks to emerge as the editor of the most influential newspaper in the country.

He is expected to enrich the editorial content of the newspaper for the benefit of the paper’s esteemed readers.

Also, the Deputy Editor of THISDAY, Mr. Davidson Iriekpen, has been appointed Editor of THISDAY, the Sunday Newspaper, while the Editor of the Saturday Newspaper, Mr. Yemi Adebowale was reappointed on same position by the board.

Similarly, Mr. Olawale Olaleye, who was the Deputy Editor of the Sunday Newspaper was promoted to the position of Deputy Editor of THISDAY, just as the Group Business Editor, Mr. Obinna Chima was also promoted to the position of the Deputy Editor of THISDAY.

In the same vein, Mr. Festus Akanbi, the Deputy Editor of the Saturday Newspaper has been promoted to the position of the Deputy Editor of the Sunday Newspaper; the News Editor, Mr. Alike Ejiofor, was also promoted to the position of Deputy Editor of the Sunday Newspaper, and Mr. Ahamefula Ogbu, has been promoted to the position of the Deputy Editor of the Saturday Newspaper.

The Capital Market Editor, Mr. Goddy Egene was also promoted to the position of Group News Editor, while the Maritime Editor, Mr. Eromosele Abiodun is the new Group Business Editor.

For ARISE News Channel, the new Deputy Managing Directors are Mr. Bayo Awosemo and Mr. Emmanuel Efeni; and the Managing Editor is Mr. Christian Ogodo.

The board also announced the appointment of Mr. Summer Sambo as the Director of News (Abuja) and Mr. Yemi Ajayi as Director of News (Lagos) for Arise News Channel.

Similarly, the Director of Engagement & Guest Liaison for Arise News Channel is Mr. Joseph Ushigiale and Tobi Soniyi is the Deputy Director of News (Abuja). Mr. Ohi Odiai is the Deputy Director of News (Lagos) for Arise News Channel.

Momodu, born March 12, 1968, was promoted editor of THISDAY, The Sunday Newspaper in June 2018, after over four years in the job as the Editor of THISDAY, The Saturday Newspaper. He had risen through the ranks to become an associate Editor of the Saturday Newspaper, where he was promoted to Editor of the Saturday title.

He brings into the job his invaluable experience that spans over 20 years.

Momodu is a graduate of Political Science, Edo State University now Ambrose Ali University, Ekpoma. He is currently doing an executive programme at the prestigious Yale School of Management, Yale University, New Haven, Connecticut, United States of America.

Momodu attended Okotie Eboh Grammar School, Sapele between 1982 and 1986 before proceeding to one of the nation’s foremost state universities, the Edo State University, Ekpoma between 1992 and 1996. He joined THISDAY as a reporter in 2000, and a year later was promoted to senior reporter.

In 2003, he was promoted to state correspondent and was posted to Governor’s Office, Alausa, Ikeja, Lagos.

He left the post in 2007, when he was promoted to deputy editor of The Glitterati, a lifestyle pull-out section inside the Sunday Newspaper. He was later appointed as associate editor of the Saturday Newspaper; a position he held until his appointment as the substantive Editor of the Saturday Newspaper.

An experienced journalist with over two decades’ cognate professional experience, he has extensive contacts within the nation’s business and political community. Momodu, in the course of his career, has anchored many investigative stories, profiled and interviewed over 200 political and business leaders, viz. governors, legislators and top-notch CEOs. He has attended many seminars, conferences and training courses both within and outside the country.

Iriekpen attended Ogun State Polytechnic, Abeokuta and the University of Ibadan. He joined THISDAY Newspapers in 2000. His commitment to his job, saw him being moved from the sub-desk to Sunday paper, where he anchored international and political stories. In 2007, he was moved again to cover Judiciary, a beat he covered so diligently and effectively to the admiration of lawyers. As a result of the way and manner he covered the courts and other legal and constitutional matters, in 2010, he was made the Judiciary Editor. 

In 2012, he was elevated to the position of Group News Editor, a position he held till 2018, when he was appointed Deputy Editor Daily.

Adebowale, 53, was reappointed the Editor of Saturday THISDAY Newspaper. A British Chevening Scholar, he holds over 28 years’ experience in media, advertising and Public Relations. Before joining THISDAY, he had worked in places like Vanguard, Newswatch, The Punch, MTN Nigeria and the Yorkshire Post Newspaper in the United Kingdom.

Adebowale has won numerous awards in journalism, including the 2000 Commonwealth Media Award by Fletcher Challenge Paper, New Zealand; the 1999 African Journalist of the Year Award by the African Journalist Foundation, AJF, South Africa and the Nigeria Media Merit Award (NMMA) in 1999.

The THISDAY Saturday Editor was educated at the University of Cambridge, University of Leeds, Ogun State Polytechnic, Baptist Academy, Lagos, Immaculate Heart Comprehensive Secondary School, Maryland, Lagos and St. Agnes Primary School, Maryland, Lagos.

Olaleye joined the THISDAY family on December 9, 1998, where he rose from being an intern to becoming the Group Politics Editor and later, Deputy Editor on Sunday.

A graduate of Mass Communications from the Moshood Abiola Polytechnic (former Ogun State Polytechnic), Ojere, Abeokuta in Ogun State, he also holds a Master degree in Communication Studies from the Lagos State University, LASU. A noted political reporter, Olaleye had undertaken some development courses over time, including a media operation course at the Kofi Annan Centre in Accra, Ghana and an Executive Development Programme on Leading Teams for Optimal Performance by the TEXEM Group.

Chima joined THISDAY in 2010 as a Business Correspondent and was appointed Group Business Editor in 2018. He started his career in 2006, with National Mirror Newspapers as a Business Reporter, immediately after graduating from Imo State University, where he obtained a Bachelor of Science Degree in Economics. He also worked briefly with The Punch Newspaper and Business Hallmark Newspaper as Business Correspondent respectively, as well as with Profund Securities Limited as a Research and Planning Officer.

Chima is presently a doctoral student of Policy and Strategic Studies at Covenant University, Ogun State. He holds a Master of Science Degree in Research and Public Policy from the University of Lagos as well as a Master of Science in Economics from the Lagos State University. He has attended courses on business journalism in Nigeria, which includes Bloomberg Media Initiative in Africa; Advanced Training on Financial Journalism, Press Media Association, London; Advanced Writing and Reporting Skills (AWARES), Pan-Atlantic University, Lagos; and Thompson Reuters Training on Financial Journalism, Uganda, among several others.

Akanbi boasts some 30 years experience in Journalism. He began his journalism career with the old Daily Times in 1991, from where he joined The Punch in 2000 and rose to the position of Assistant Editor, (Business) until he joined THISDAY as Sunday Business Editor in March 2008.

In 2015, he became a deputy editor, THISDAY (Sunday) until he took a leave of absence to work with former Minister of Finance as a Special Assistant on Communications, in February 2016.

He later worked as an Assistant Director, Federal Inland Revenue Service between 2017 and September 2020. He returned to THISDAY as Deputy Editor, Saturday.

Akanbi, who holds a Master degree in History from the University of Lagos, is currently a doctoral student of History and Strategic Studies of the same University.

Alike, a graduate of Accounting and a Master holder in Banking and Finance from the University of Nigeria, Nsukka, Enugu State, joined THISDAY as Energy Correspondent in 2008 and was promoted to the position of News Editor in 2018. Prior to then, he was an Energy Analyst with BusinessDay Newspaper. He had also gathered experience in public service from the Enugu State Local Government System, where he rose to become a senior staff member.

Ogbu is a graduate of Mass Communication from Federal Polytechnic, Oko (then Anambra State Polytechnic), where he obtained HND. Thereafter, he obtained a Master of Business Administration in Marketing from Federal University of Technology, Owerri, before obtaining a Post-graduate Diploma and Master of Art in Linguistics and Communication Studies from the University of Port Harcourt.

He had held the positions of Judicial Editor, Editor, House of Representatives as well as covered the Presidential Villa, Abuja from where he was posted to the Saturday Desk as News Editor, before the current promotion

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LP: Nenadi Usman Floors Julius Abure at Appeal Court

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The Court of Appeal in Abuja has dismissed the appeal filed by Julius Abure challenging the legitimacy of the Nenadi Usman-led leadership of the Labour Party (LP).

A three-member panel of the appellate court, in a Tuesday judgment, unanimously affirmed the January 21 judgment by Justice Peter Lifu of the Federal High Court in Abuja, which upheld the legitimacy of the 29-member caretaker committee of the LP, led by Senator Usman.

In the lead judgment delivered by Justice Oyejoju Oyewumi, which Justices Abba Mohammed and Eberechi Nyesom-Wike agreed with, the appellate court held that the earlier Supreme Court judgment conclusively settled the leadership dispute within the LP by nullifying the convention that purportedly returned Abure as National Chairman.

Justice Lifu had, in the January 21 judgment, relied on an April 4, 2025, decision of the Supreme Court, which held that Abure’s tenure as the party’s National Chairman had expired. The judgment directed the Independent National Electoral Commission (INEC) to recognize Senator Usman and other members of her committee as the legitimate leaders of the party, to the exclusion of all others.

The court further held that the lower court had the power under Section 251 of the Constitution to compel a statutory Federal government agency to perform its functions when it ordered INEC to recognize Senator Nenadi Usman as the National Chairman of the Labour Party.

It was equally agreed with the trial court that constituting the LP’s caretaker committee, headed by Usman, was a doctrine of necessity required to provide leadership in the party when a vacuum appeared to exist.

The court faulted Abure’s claim that the trial court denied him a fair hearing and accused him of abusing the court process.

The court also accused Abure of forum shopping by appearing before the Nasarawa State High Court in a case already decided by the Supreme Court, and of persisting in the claim the party’s leadership despite the apex court’s clear and unambiguous pronouncement.

It held that the appeal, marked: CA/ABJ/CV/255/2026, was devoid of merit and constituted an abuse of court process.

“On the whole, I agree with the decision and conclusion of the trial court as the same, being in accordance with the Constitution,” Justice Oyewumi held, adding that the lower court reached a reasonable conclusion that the Court of Appeal cannot fault.

While dismissing the appeal, the court awarded him costs of N10 million for wasting the court’s time on an issue that had already been conclusively determined.

Earlier, the court held that Nenadi Usman, as a juristic person, had the right to file the case before the trial court, and that the trial court had jurisdiction to hear and determine the case.

The court also rejected Abure’s allegation that the lower court denied him a fair hearing, noting that the claim lacked any basis.

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Tinubu Sacks Edun, Appoints Oyedele As Finance Minister

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President Bola Tinubu has approved a minor cabinet reshuffle in the membership of the Federal Executive Council (FEC).

According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, two cabinet members, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to leave the cabinet while their replacements have been named.

A statement signed by the Special Adviser, Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga, on Tuesday evening, said Edun, until the latest development, was the Minister of Finance and Coordinating Minister for the Economy.

“He has been directed to hand over to Mr. Taiwo Oyedele, who is now to take over as Minister of Finance and Coordinating Minister of the Economy. Oyedele was formerly a Minister of State in the ministry.

“Also Mr. Muttaqha Rabe Darma (PhD.) has been named as the ministerial nominee and minister-designate for the Housing and Urban Development Ministry,” Odunuga stated.

The memo also directed Dangiwa to hand over to the Minister of State in the ministry pending Darma’s confirmation.

The memo stated that “all handing over and taking over processes should be completed on or before close of business on Thursday 23rd April, 2026.”

Explaining the President’s decision, Odunuga quoted Akume as saying: “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”

He said the President, in approving the cabinet reshuffle, has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended).

The President thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours.

The President, Akume noted, equally assured all cabinet members that “the process of reinvigoration shall be continuous.”

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Tinubu, Victim of Historical Amnesia – Atiku

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By Eric Elezuo

True to political permutations, the National Convention of the opposition African Democratic Congress (ADC) amid Independent National Electoral Commission (INEC) derecognition and leadership litigation, set a chain reaction in the political space, including a former Vice President and one of the leaders of the ADC, Alhaji Atiku Abubakar, berating President Bola Tinubu as lacking a good knowledge of history.

Against all odds, the party went ahead on April 14, to host a Convention, where over 3000 delegates attended, and where the leadership of Senator David Mark and Ogbeni Rauf Aregbesola as National Chairman and National Secretary respectively were ratified.

Since the April 14 event, the ruling All Progressives Congress (APC) has reacted in a manner political stakeholders and analysts categorized as panicky with statements from the presidency, and President Bola Tinubu himself. Though these responses were tagged correctional of ill-made utterances by ADC chieftains, observers have however said they portray comments by a team faced with an ultimately new challenge.

At the convention, the secretary of the ADC, Aregbesola, had dismissed Tinubu’s administration and his renewed hope policy as a scam. He lambasted the administration as a government of “scammers”, urging Nigerians to block it from retaining power in 2027.

“If allowed, this regime will continue to chant renewed hope till eternity. We have a duty to stop these scammers from retaining power,” Aregbesola said.

The former vice president followed up the convention statements, accusing Tinubu’s presidency of attempting to subvert democratic principles and silence opposition voices ahead of the 2027 elections, a position that further set the ruling party on edge, eliciting tons of reactions.

Beyond Presidential spokesman, Bayo Onanuga’s criticism of Aregbesola for failing to reflect on his own record before attacking his “former boss and benefactor”, Tinubu himself made remarks against the person’s of the leaders of the ADC and their convention, calling it ‘street convention’.

“Unfortunately, Aregbesola did not undertake any honest self-reflection on his own record in public office — as governor or as Minister of Interior,” Onanuga stated in his statement.

He alleged that Aregbesola’s tenure as governor of Osun State was marked by hardship and poor economic management.

“His eight years as governor of Osun State were characterised by unmitigated hardship for the people. Under his half-baked socialist policies, civil servants went unpaid for months, and those who were paid received only a fraction of their salaries,” Onanuga said.

Tinubu, on his part, while hosting the Hope Renewal Ambassadors, took a swipe at some opposition figures, especially Atiku, ridiculing and questioning their records for criticising his administration, and saying that many of them have held strategic positions in the past without delivering lasting results.

He boldly retorted that “If you look at one of them, no one without history among them – no one without history. The head was the chairman of the privatisation council of Nigeria in this country one time.

“He privatised the steel industry in Delta. Is it working today? No. Is anything they privatised working today? They want to privatise another man’s political party. That one says no.”

Responding therefore, the former Vice President launched a fierce counterattack on Tinubu, accusing him of hypocrisy, historical distortion, and political desperation.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described the President’s remarks as a “reckless tirade” that reflects “a troubling pattern of hypocrisy and historical amnesia.”

The statement began with “Atiku Abubakar’s attention has been drawn to the latest reckless tirade by President Bola Ahmed Tinubu—a performance that exposes not just desperation, but a troubling pattern of hypocrisy and historical amnesia.”

Atiku expressed surprise that a leader facing persistent scrutiny over his own credentials would attempt to discredit others with what he described as well-documented records of public service.

On the issue of privatisation, Atiku’s camp argued that Tinubu’s criticism does not stand up to scrutiny, noting that the President had previously opposed reforms he now appears to be implementing.

The statement maintained that Atiku had long advocated the privatisation of the Nigerian National Petroleum Corporation (NNPC) and the sale of refineries to credible private investors—a position it claimed Tinubu resisted at the time.

It, however, alleged that the current administration is now overseeing a system that has effectively commercialised the national oil company “without transparency, clear valuation, or accountability.”

“This is not reform; it is privatisation without accountability,” the statement said.

Defending Atiku’s economic legacy, the statement cited several companies as examples of the success of the privatisation programme he supervised, including Oando Plc (formerly Unipetrol), Conoil Plc, African Petroleum (now Ardova Plc), Indorama Eleme Petrochemicals, Benue Cement Company, and Transcorp Hilton Abuja.

The statement also took a swipe at the President’s intellectual posture, suggesting that his comments reflect a failure to engage with documented history on Nigeria’s economic reforms.

“It is not our fault that the President does not and cannot read,” the statement said, while also referencing past controversies surrounding Tinubu’s academic records.

It added that Tinubu’s remarks could only have been made in disregard of publicly available records and credible accounts of the privatisation process.

“You cannot oppose reform when it demands courage and then execute a shadow version of it in power,” the statement added.

Atiku’s camp further criticised the tone of the President’s remarks, arguing that resorting to mockery reflects a deeper leadership concern.

“The President’s attempt to reduce a serious economic legacy to ridicule underscores a leadership more comfortable with insults than with facts,” it stated.

The statement also highlighted the current economic situation in the country, pointing to rising cost of living, inflation, and insecurity as evidence of policy failure.

“Across the country, families are skipping meals, businesses are shutting down, and citizens are struggling under the weight of inflation and declining purchasing power. What has been presented as reform has translated into hardship without relief,” it said.

The statement concluded by asserting that Atiku’s record remains “clear, documented, and defensible,” while noting that unresolved public concerns about the President’s background persist.

“A leader who has not fully addressed questions about his own background should exercise restraint before casting aspersions on others,” it added.

The statement ended with a cautionary note: “Nigerians are watching.”

While the ADC is fighting for their life, and an opportunity to feature on the ballot during the 2027 general elections, and APC solidifying their grip on the political space, the atmosphere still exudes evidence of palpable tension. The APC maintains that they are on homerun to victory, ADC counters that nothing will save the ruling party from being defeated in the coming elections.

But as it stands today, both parties are locked in battle of wits recreating the tension and bad blood that was the hallmark of the 2015, and to a large extent, the 2023 elections.

But on April 22, the Supreme Court will rule on the leadership of the ADC; this will set the motion to the credibility of the ADC to participate in the 2027 election.

But fears pervade the political terrain as Tinubu made veiled reference to the judiciary while mocking Atiku and other leaders of the ADC.

“We cannot submit to the disobedience of unlawful orders in court. We must embrace the judiciary, whether it favours us or it doesn’t, we submit to this principle of democracy, separation of powers and understanding of the dynamics of it and the nation that Nigeria is,” Tinubu had said, insinuating that the ADC had gone against the judiciary.

The coming week will determine in totality the direction the 2027 situation will take.

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