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PDP Retains Demagum As Acting National Chairman

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The acting National Chairman of the Peoples Democratic Party, Umar Damagum, has survived attempts to remove him from office.

In the lead-up to today’s National Executive Committee meeting, the issue of whether Damagum should maintain his position or be substituted has been the focal point of discussions among party officials.

Formerly serving as the PDP National Deputy Chairman (North), Damagum assumed the position of acting National Chairman after the court suspended the party’s National Chairman, Iyorchia Ayu.

The court’s decision followed a request by a PDP member, Terhide Utaan, triggered by a prior vote of no confidence passed on Ayu by his ward executives in Igyorov ward, Gboko Local Government Area of Benue State.

Recently, 60 members of the House of Representatives called for Damagum’s ouster and called for the appointment of a substantive chairman from the North Central region.

However, shortly after this announcement, members of the House minority caucus, led by Kingsley Chinda, distanced themselves from the group, dismissing it as an unrecognised entity within the parliament.

The PDP Caucus meeting in the House of Representatives on Tuesday ended in discord, with lawmakers divided between those supporting Damagum’s continuation and those opposing it.

However, the primary goal of the pre-NEC meeting, which aimed to endorse Damagum with a vote of confidence by lawmakers aligned with FCT Minister, Nyesom Wike, faced hurdles and did not proceed as intended.

Recall that, on Wednesday, the PDP’s National Working Committee expressed full support for Damagum.

Nevertheless, after its caucus meeting on Wednesday, the North Central Zone of the party unanimously decided that the zone should nominate the next national chairman of the party following Ayu’s removal.

Speaking to reporters after the National Caucus meeting in the early hours of Thursday, the PDP National Publicity Secretary, Debo Ologunagba, disclosed that Damagum will continue to serve as the acting national chairman of the party until another NEC meeting after today’s session.

The PDP National Caucus is a crucial assembly of party stakeholders that convenes before the NEC meeting and sets the tone for every major decision to be made at the NEC meeting.

In many instances, when the National Caucus reach a consensus on matters, the NEC simply approves it, but when there is disagreement, other members of the NEC will vote either for or against the issue in question.

Ologunagba disclosed that the PDP National Caucus endorsed Damagum’s continued acting role to allow for broader consultations.

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Adebogun Commends Tinubu over Rehabilitation of Ikorodu-Imota-Itoikin-Epe Road

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Renowned educationist, and Proprietor/Chief Executive Officer, Caleb Group of Schools, Dr. Oladega Adebogun, has commended President Bola Ahmed Tinubu, for speedy and comprehensive rehabilitation of the Ikorodu-Imota-Itoikin-Epe Road, which formerly ranked as one of the worst in Nigeria, and had been albatross to past administrations.

A statement signed by the Director, Public Relations, Caleb University, Imota, Mr. Abimbola Olulesi, and made available to this medium, noted that Adebogun gave his commendation during an interactive session with the media, affirming that President Tinubu, by his singular action, has renewed the hope of residents, motorists and commuters, who had lost hope that the road will ever be repaired, considering its total deplorable state.

He recollected that the Ikorodu-Imota-Itoikin-Epe road, before the rehabilitation, ranked among the worst roads not just in Lagos State but across the country.

“The road usually gets abandoned during the rainy season, and had posed a recurring nightmare to motorists and commuters along the Ikorodu through Imota to Itoikin axis, and as far as Epe. It was a particularly harrowing experience for road users during vacation and festive periods,” Adebogun said.

The Proprietor joyfully noted that it was a huge sigh of relief for residents when the rehabilitation was completed in March this year, reducing Ikorodu to Epe travel time from about two hours to less than thirty minutes.

He added that the rehabilitation of the road is a positive pointer and attestation to the fact that many more development projects promised by the people-oriented, focused and egalitarian government of President Tinubu would be completed and delivered.

Adebogun also commended the Honourable Minister of Works, His Excellency, Dr. Dave Umahi, the Executive Governor of Lagos State, His Excellency Babajide Sanwo-Olu and the Senator representing Lagos East Senatorial District, Senator Adetokunbo Abiru for the various roles they played in the actualization of the rehabilitation of Ikorodu-Imota road.

He recalled that Governor Sanwo-Olu had personally visited to access the deplorable condition of the road early this year while Senator Abiru had moved a motion in 2021 on the floor of the Nigerian Senate on, “The Urgent Need for the Rehabilitation of the the Ikorodu-Sagamu and Ikorodu-Itoikin-Epe Roads to further bridge the Infrastructure Gap and Enhance Economic Growth in Nigeria”.

Senator Abiru also has to his credit many laudable achievements which earned him the appellation of “Doing Good Senator” such as: The Senator Abiru Innovation Lab(SAIL), which is “the first of its kind innovation hub” in Lagos East Senatorial District which he set up for young people and entrepreneurs; N300 Million Naira Constituency Intervention Revolving Loan, Health facilities and construction of blocks of classrooms he facilitated across the district, provision of grant to 1,250 market women, award of bursary to 600 higher institution students and monthly support for over 2500 vulnerable constituents. Others include provision of many transformers across Lagos East Senatorial District, building of Epe Sports Complex as well as sponsorship of many legislation and motions of national significance.

Adebogun also remarked that, in less than one year of assuming office, President Tinubu had performed beyond expectation and deserves the goodwill and support of all Nigerians to actualise all aspects of the Renewed Hope Agenda.

He further paid tributes to President Tinubu for the promise announced by the Honourable Minister of Works, Dr. Dave Umahi, that the dualization of the Ikorodu-Imota-Itoikin-Epe Road would commence in earnest as the second phase of the road repair project.

He therefore appealed to all well-meaning Nigerians to put aside mundane differences and join hands with the government for the full realization of the Renewed Hope Agenda of President Bola Ahmed Tinubu.

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No Such Deals Exist, Maersk Debunks $600m Investment Agreement with Nigeria

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A report from Lloyd’s List has debunked the statement of the President Bola Tinubu-led Federal Government that Maersk has concluded and signed an agreement for a $600 million into the port sector.

The paper’s report reads:

A $600m investment into Nigeria’s port sector from Maersk, announced personally by the West African state’s president Bola Tinubu on Sunday, appears to be less solid than the government initially claimed.

Despite a presidential statement from Tinubu detailing how he had secured the purported investment during a World Economic Forum meeting in Riyadh over the weekend, Maersk officials have confirmed that no such agreement is in place and no deals have been signed.

The Nigerian government statement detailed how A.P Moller-Maersk chairman Robert Maersk Uggla had discussed the investment with president Tinubu on the sidelines of a meeting discussing energy development and growth. The statement even included a direct quote attributed to Uggla saying: “We believe in Nigeria, and we will invest $600 million in existing facilities and make the ports accommodating for bigger ships”.

But according to Maersk, that deal does not exist.

Company officials said while Uggla did meet the president, no such deal had been signed.

“Maersk has been present in Nigeria for 35 years and, as a global provider of logistics services, we remain committed to develop opportunities for growth to people, the port sector and businesses locally,” the company said in a statement to Lloyd’s List.

“Therefore, it is natural to have an ongoing dialogue with the administration. However, we are not able to comment on any investment talks.”

Maersk is due to report first-quarter results on Thursday, meaning that management are in a regulatory quiet period limiting what they can say publicly about the company’s activities.

Nigeria has promised to revamp its ports, including in the commercial capital Lagos, to ease congestion.

Tinubu’s statement explained that his government would support the modernisation and automation of its ports to improve trade, reduce corruption and boost efficiency. He claimed that the purported Maersk investment would “complement the administration’s ongoing $1bn investment in seaport reconstruction across the eastern and western seaports of Nigeria”.

“A bet on Nigeria is a winning bet. It is also a bet that rewards beyond what is obtainable elsewhere,” he said. “We need to encourage more opportunities for revenue expansion and minimise trans-shipments from larger ships to smaller ships.”

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I’ll Continue to Take Difficult Decisions Tough times Notwithstanding – Tinubu

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President Bola Tinubu, on Thursday, told the Dutch Prime Minister Mark Rutte at The Hague that his administration is committed to taking difficult decisions for the benefit of the Nigerian people, despite the short-term challenges.

Tinubu emphasized that Nigeria has weathered the worst of storms and that his administration’s actions are guided by a long-term vision for the country’s prosperity.

The president highlighted the vast trade opportunities between Nigeria and the Netherlands, spanning multiple sectors. He also underscored his government’s efforts to enhance the investment climate through ongoing reforms.

Notably, Tinubu emphasized Nigeria’s potential to drive the global clean energy transition with its high-grade lithium deposits, positioning the country as a key player in Europe’s energy future.

Tinubu stressed the importance of balanced and mutually beneficial partnerships, particularly in solid minerals, to create value-added opportunities.

He expressed confidence in the Nigerian people, citing their resilience and determination.

This confidence, he said, empowers him to make tough decisions on their behalf, knowing that these choices will provide Nigerians with the tools they need to succeed in the long term.

The president stated: “I am a determined leader of my people. I have and will continue to take the difficult decisions that will benefit our people, even if there is short-term pain.

“We have gone through the worst of the storms. I am unafraid of the consequences once I know that my actions are in the best long-term interests of all Nigerians.

“Taking a holistic view of the world order, there is a tremendous opportunity between us across trade spheres, but especially in solid minerals, where we have high-grade lithium deposits that we know can power the clean energy future of the world.“There is excellent value-additive opportunity in Nigeria. The world knows us for oil. They will soon know us for greater innovative exploits in other areas.”

The meeting with Prime Minister Rutte at The Catshuis, the official residence in The Hague, underscores the strengthening of diplomatic ties between Nigeria and the Netherlands.

Tinubu’s remarks reaffirm his administration’s commitment to bold leadership and strategic decision-making, even in the face of challenges, to secure a brighter future for Nigeria.

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