Economy
Bayelsa Stakeholders, Ikuli’s Group Makes Case For Diri To Dump PDP For APC
Bayelsa Stakeholders, Ikuli’s Group Makes Case For Diri To Dump PDP For APC
Bayelsa stakeholders, Ikuli’s group makes case for Diri to dump PDP for APC. A group under the coordination of Governor Douye Diri’s media aide, Wisdom Ikuli, has urged the Bayelsa State Governor to defect to the All Progressives Congress, (APC).
This is as rumours of the governor’s looming defection from the People Democratic Party (PDP) to the ruling APC is getting more intense by the day.
Recall that other fellow South-South governors had all decided to join the ruling APC, but such talks have been dismissed by some of his aides in the past, until Tuesday’s declaration by a group led by his Technical Adviser on Media, Ikuli.
Addressing some stakeholders and journalists in Yenagoa, the state capital, on Tuesday, Ikuli, the Convener of the Concerned Bayelsa Stakeholders Forum (CBSF), said the call for the governor to join the APC was sacrosanct and inevitable.
Ikuli mentioned the uncomplicated projects abandoned by successive Federal Governments, including the Agge Seaports and numerous other projects, which he said will not only open Bayelsa to the world but also usher in economic development for the state and job creation for its citizens as reasons why the governor should make the move.
He said, “Having said that, we wish to proceed to the crux, which is the need to appeal to His Excellency to take a decisive step to align with the government at the centre.
“Our fathers, High Chief Harold Dappa-Biriye and Chief (Sen.) Dr Melford Obiene Okilo admonished the Ijaw Nation to always align with the government at the centre, largely due to our distance from the centre and our difficult terrain, in order to attract development to our area.
“For instance, our adherence to their advice and our alignment with the People’s Democratic Party (PDP) that was the government at the centre helped Bayelsa State and the Ijaw Nation to produce the Vice President and later, President and Commander-in-Chief of the Armed Forces of this country in the person of President Goodluck Jonathan.
“Sadly, today, Bayelsans and Ijaws in general are not among the first 40 Nigerians from the Offices of the President, Vice President and Services Chiefs.
“Ijaws have been relegated and rendered politically and economically redundant and impotent because we are not with the government at the centre.
“Ironically, Ijaws who are the majority in terms of population in the geographic Niger Delta area (South South) and the fourth largest tribe in the country, and the Ijaw Nation that contribute well over 65 per cent of the oil and gas wealth that are used to run the affairs of the country have been rendered powerless because of our non-alignment with the ruling party.
“Again, there is a power-sharing and rotation system between the North and South. The North, having done their complete eight (8) years under late President Muhammadu Buhari, is supposed to support the South to complete their own eight years under incumbent President Bola Ahmed Tinubu, who is working round the clock to strengthen the South.
“Presently, Bayelsa State is standing alone as the only PDP state in the whole of South South. The above may not be too much of an issue. The greatest challenge here is the hijack of the PDP by a few individuals and the very dangerous traps that they have set for Bayelsans in 2027, particularly those who intend to fly the flag of the PDP.
“There are concluded arrangements to hide under the excuse of crisis and countless court cases in PDP at different levels to work to nullify the nomination of all candidates that will emerge under the party platform. So, we can imagine the pains, agony and disarray that the state shall experience if the state remains in PDP.”
Ikuli noted that the ongoing coalition is an embodiment of people who conspired to deny the state and indeed the entire Ijaw Nation a second term at the Presidency in 2015, saying that the coalition can never be an option.
“It is based on the above that we unanimously appeal to the governor to defect to the ruling All Progressives Congress (APC) to show Southern solidarity with other Southern governors who are with Mr. President.
Governor Diri
“But as we move forward, one of the greatest priorities in the alliance with the centre should be the actualisation of the Agge Seaport that will help to boost the state economy and also bring about unimaginable transformation and prosperity,” he said.
He stated that, over the next few days, the group, along with other stakeholders, will hold a daily rally on the streets of Yenagoa to urge the governor to take the necessary action.
He urged the governor to ignore all opposing voices against his defection, as most of them were fighting to protect their political interests without prioritising those of the state and the entire Ijaw Nation.
While applauding Diri for his uncommon development strides since he assumed office, Ikuli further reassured the governor that the vast majority of Bayelsans are with him and his determination to move the state forward.
Eid-el-Fitr: NRC Sets To Run Three Lagos–Ibadan Train Trips Monday
Eid-el-Fitr: NRC sets to run three Lagos–Ibadan train trips Monday. He assured passengers of NRC’s continued commitment to safe, reliable, and efficient rail services.
This was contained in a statement issued on Friday in Lagos by NRC chief public relations officer, Callistus Unyimadu.
He said the additional trip was in response to high passenger turnout during the Eid-el-Fitr travel period.
“The extra trip is aimed at easing passenger movement and providing more travel options for commuters returning after the Eid-el-Fitr celebrations.
“Under the schedule, departures from Lagos (Mobolaji Johnson Station, Ebute Metta) will be at 7.45 a.m., 1.40 p.m., and 4.00 p.m.
“From Ibadan (Obafemi Awolowo Station, Moniya), trains will depart at 8.00 a.m., 10.50 a.m., and 4.30 p.m.,” he said.
Mr Unyimadu assured passengers of NRC’s continued commitment to safe, reliable, and efficient rail services.
NRC Sets To Run Three Lagos–Ibadan Train Trips Monday
He advised travellers to arrive early, comply with ticketing and security procedures, and plan their journeys.
“The corporation appreciates the continued patronage of its services and wishes all passengers a safe and pleasant journey,” he added.
UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa
United Bank for Africa (UK) Limited (“UBA UK”) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, announced that they have signed a letter of intent to develop trade finance collaboration opportunities.
The proposed initiative aims to expand access to trade and working capital facilities for businesses operating across Africa.
Access to trade finance remains one of the most significant structural constraints on African trade. Businesses, particularly small and medium-sized enterprises, are frequently unable to secure letters of credit, guarantees, and supply chain finance on commercially viable terms, limiting their capacity to export and import competitively. This trade finance gap is estimated by the African Development Bank to be over USD 80 billion annually.
To help close this gap, UBA UK, the London subsidiary of UBA Group, Africa’s Global Bank, will leverage its deep relationships across the Group’s 20-country African network to originate and structure trade finance transactions. While BII, with a mandate to support productive, sustainable, and inclusive growth across Africa, can support transactions that might otherwise fall outside conventional commercial appetite.
“The signing of this letter with BII represents a landmark moment for UBA UK and for the UBA Group’s global ambitions. As the Group’s hub for Trade Operations, UBA UK is uniquely positioned to connect African businesses with the international financial system. Working alongside BII, we can extend that capability further — mobilising capital where it matters most and helping to close the trade finance gap that holds back so much African potential,” said Lok Mishra, Chief Executive Officer, UBA UK
“British International Investment is committed to catalysing private sector growth across Africa, and trade finance is a critical enabler of that growth. We welcome the opportunity to collaborate with UBA Group, whose pan-African network and deep institutional relationships can help advance our ambition to expand access to trade and working capital finance, particularly in frontier markets,” Chris Chijiuitomi, Managing Director and Head of Africa
The announcement builds on growing momentum around intra-African trade facilitated by the African Continental Free Trade Area (AfCFTA), which entered into force in 2021 and represents one of the world’s most significant trade integration initiatives. Both institutions have identified the operationalisation of AfCFTA as a priority catalyst for a trade finance facility, with UBA UK’s network across major AfCFTA economies offering a basis for supporting businesses navigating the emerging continental market.
This also complements the UK Government’s broader engagement with African economic development, including commitments made at the UK-Africa Investment Summit, and reinforces the City of London’s role as a leading international finance centre for Africa-focused capital mobilisation.
Future cooperation remains subject to further assessment, due diligence and the completion of internal approvals by both parties.
ABOUT UNITED BANK FOR AFRICA (UK) LIMITED
UBA UK is the London-based subsidiary of United Bank for Africa Plc, one of Africa’s leading financial institutions with operations across 20 African countries, the United Kingdom, the United States of America, France, and the United Arab Emirates. UBA UK serves as the Group’s hub for Trade Operations, providing a comprehensive suite of trade finance, treasury, and correspondent banking services to institutional and corporate clients worldwide.
UBA
ABOUT UNITED BANK FOR AFRICA GROUP
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.
ABOUT BRITISH INTERNATIONAL INVESTMENT
British International Investment is the UK’s development finance institution and impact investor. The organisation invests in businesses in developing countries to improve people’s lives and help protect the planet. BII’s work targets the underlying causes of poverty and the climate crisis, helping countries break free from aid dependency for good.
Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development.
The company has investments in over 1,600 businesses across 66 countries and total net assets of £9.87 billion. For more information, visit: www.bii.co.uk | watch here. Follow British International Investment on LinkedIn, Bluesky and X.
Eid-el-Fitr: President Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism
Eid-el-Fitr: President Tinubu felicitates Muslims, urges renewed unity, patriotism. Mr Tinubu called on Muslims to reflect on the spiritual lessons of Ramadan.
The president urged them to renew commitment to national unity, peaceful coexistence, and service to humanity as they celebrate the festival across the country on Friday.
This is contained in a statement issued by presidential spokesperson, Bayo Onanuga, on Thursday in Abuja.
Mr Tinubu called on Muslims to reflect on the spiritual lessons of Ramadan, noting that the holy month teaches discipline, sacrifice, compassion, and devotion to God and humanity.
He said: “We have a lot to draw from the noble lessons of Ramadan, especially at a time like this.
“We must continue to abide by the virtues of piety, selflessness, perseverance, kindness and compassion beyond this period.”
The president emphasised the need for Nigerians to remain united across religious and ethnic lines, stressing that national cohesion remains vital for sustainable peace and development.
He urged Muslims to extend acts of kindness and charity to the less privileged, irrespective of religious or ethnic background, in line with the enduring values of Islam.
Mr Tinubu noted that such gestures would strengthen social bonds, promote inclusiveness, and reinforce the spirit of brotherhood that defines the Nigerian society.
The president also called on religious leaders to use the occasion to offer prayers for peace, stability, and economic prosperity across the country.
Tinubu
He expressed optimism that with collective efforts, Nigeria would overcome its challenges and achieve lasting progress for the benefit of all citizens.
Mr Tinubu wished Muslims a joyous celebration, praying that the blessings of Ramadan would bring renewed hope, strength, and guidance to individuals, families, and the nation.
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