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PDP In Two Broad Factions Sets For Showdown At National Secretariat

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PDP Appoints Caretaker Committees

PDP In Two Broad Factions Sets For Showdown At National Secretariat

PDP in two broad factions sets for showdown at national secretariat. Leaders of the Peoples Democratic Party (PDP) in two broad factions over the contentious national secretary office have fixed two meetings at the national secretariat today, the Nation reports.

National Chairman Umar Damagum, who last week announced the postponement of today’s National Executive Committee (NEC) meeting following the party leaders’ meeting with the Independent National Electoral Commission (INEC) chairman Prof. Mahmood Yakubu, yesterday said a meeting of stakeholders will instead be held today.

Having announced the recognition of Senator Samuel Anyanwu, both of them signed the invitation for today’s meeting.

On the other hand, backed by Oyo State Governor Seyi Makinde, Deputy National Chairman (South) Taofeek Arapaja denounced the recognition of Anyanwu and said, alongside ten other National Working Committee (NWC) members, that the NEC meeting could not be unilaterally shifted by Damagum.

He said the 100th NEC meeting was fixed by the 99th NEC and that it is only the NEC that can vary its decision.

Yesterday, he announced that the NEC meeting will be held today, also at the National Secretariat.

The group last night got the backing of Enugu State Governor Peter Mbah, who reiterated that the return of Anyanwu could push the Southeast Caucus, which is backing Sunday Ude-Okoye for the position, out of the party.

Some of the key leaders of the party supporting Damagum are: PDP Governors’ Forum Chair Bala Mohammed (Bauchi); Chairman of the party’s Strategy/Reconciliation Committee Senator Bukola Saraki; Federal Capital Territory Minister, Nyesom Wike and Secretary of the Board of Trustees (BoT), Senator Ahmed Makarfi.

On the other group, apart from Arapaja, Makinde and Mbah, there are BoT chairman Senator Adolphus Wabara, BoT member Chief Olabode George and some NWC members, including Deputy National Secretary Setonji Koshoedo and publicity secretary Debo Ologunagba.

Anyanwu issued a notice for an expanded National Caucus Meeting, outlining the list of chieftains expected.

According to the notice, the caucus meeting would kick off at 2pm.

However, Arapaja said in a statement that only the NEC meeting will take place at the same venue at 9am.

According to the PDP constitution, the resolution of the National Caucus is advisory, but the NEC is the highest decision-making body, after the National Convention, with powers to dissolve the National Working Committee (NWC) headed by Damagum.

Expected at the meeting are statutory members of the National Caucus, Deputy National Officers, BoT members, all state chairmen, all members of the National Assembly Caucus, former NWC members, National Ex-Officio Members, former governors, and immediate-past governorship candidates.

However, Arapaja, who said the NEC meeting would start at 9 am, stressed that it was the resolution of the last meeting.

He said: “We further update all members of the PDP and the general public on the activities of the party, especially with regard to the 100th meeting of the National Executive Committee (NEC) statutorily scheduled for tomorrow (today), Monday, 30th June, 2025 and the National Convention scheduled for Thursday 28th to Saturday, 30th August 2025.

“For the avoidance of doubt, the National Working Committee (NWC) assures all party members that the 100th NEC meeting will proceed as scheduled on Monday, 30th June 2025 at the NEC Hall of the Wadata Plaza, PDP National Secretariat, Abuja.

“The 100th NEC meeting will, among other things, receive updates on the activities of the Zoning Committee and the National Convention Organising Committee.

“As you are aware, the 100th meeting was unanimously scheduled by NEC at its 99th meeting held on Tuesday, 27th May, 2025.

“By virtue of Section 31(3) of the Constitution of the PDP (as amended in 2017) the Monday, 30th June 2025 date for the 100th NEC meeting is binding on all organs and members, and as such no organ, group or officer of the party has the power to alter, change, vary, veto or convert the already convened NEC meeting.

“Contrary to a purported notice being circulated in the social media suggesting that the 100th NEC meeting has been converted to a Special Expanded National Caucus meeting, the NWC states in clear terms that the said notice did not emanate from the PDP and should be disregarded.

“The NWC emphasises that there is no provision whatsoever for an ‘Expanded National Caucus’ in the constitution of the PDP or any guideline of the party.

“For the avoidance of doubt, Section 30 of the Constitution of the PDP is unambiguous in providing for a National Caucus for the party with its composition, functions, and meetings clearly spelt out, leaving no room for any form of expansion.

“The suggestion, proposal or announcement for a ‘Special Expanded National Caucus meeting’ is therefore unconstitutional and cannot take any decision for the PDP, being not a recognised organ or body in the PDP.”

Mbah okays today’s NEC meeting

Governor Mbah endorsed the position of the Southeast Zonal Executive Committee, Board of Trustees (BoT) and a section of the divided NWC on the protracted leadership crisis.

He also re-echoed the threat by the Southeast Caucus to review its relationship with the party if Udeh-Okoye is not allowed to take over from Senator Anyanwu as National Secretary.

Mbah, who supported those pushing for the NEC meeting today, said he is “simply fed up with the shenanigans that have more or less made the party an endless circus.”

The governor spoke with reporters on the festering crisis in Enugu, the state capital, after a meeting with Oyo State Governor Seyi Makinde, BoT Chairman Senator Adolphus Wabara, and National Vice Chairman (Southeast) Chief Ali Odefa.

The positions of the Southeast Caucus, BoT and a section of the NWC are that the Deputy National Publicity Secretary, Setonji Koshoedo, should act as Secretary, and the NEC meeting should be held today in Abuja.

The positions tally with that of the PDP Governors’ Forum, led by Bauchi State Governor Bala Mohammed.

But after a meeting with INEC last week, Damagum directed Anyanwu to return to the office as Secretary, in accordance with the outcome of the parley.

Mbah said: “For the record, just as I stated during my interactive session with fellows and members of the Nigerian Guild of Editors in Enugu at the weekend, while I am still a member of the PDP, the Southeast–and that includes me–reserves the right to review our continued membership of the party if the party is unwilling to put its house in order.

“That was invariably the position adopted during our last Southeast Zonal meeting held here in Enugu.

“During that meeting, the caucus noted that the party should not disregard the zone’s stand regarding the national secretary position.

“To all intents and purposes, this has obviously not been the case. So, there is no doubt as to where I stand on the matter.

“The position of the Southeast with respect to the national secretaryship of the party as issued in that communique is sacrosanct,” he stated.

Other PDP chieftains at the meeting included a former National Chairman and BOT member, Dr. Okwesilieze Nwodo; Senator Sam Egwu, Iyom Josephine Anenih, Senator Ben Obi, and Udeh-Okoye.

Meanwhile, former Senate president, Saraki, who spoke on television, warned that more chieftains may leave the party if the crisis is not resolved.

He said: “PDP would likely see one or two more defections, and we should prepare ourselves for that. There is a possibility.

“We haven’t seen the worst of the defections for PDP. We would probably see maybe one or two governors who will defect, and we might see some senators who will defect.

“For some of us, this happening early in PDP is an advantage. We are lucky that this is not happening, let’s say late 2026. We would not even have had time to recover and regroup.

“We have just under two years to the general election, and we are lucky to have that. I think, with a lot of commitment and understanding, it is not a lost cause.

PDP Appoints Caretaker Committees

PDP

“A party of over 26 years of history, that has been around, the largest party, we will definitely have low times like this.”

PDP has lost two governors and their supporters – Sheriff Oborevwori (Delta) and Umo Eno (Akwa Ibom)–to the APC.

Saraki described the unresolved dispute as the major obstacle preventing the PDP from convening a proper NEC meeting and organising a credible national convention.

Saraki confirmed that INEC recognises Anyanwu as the legitimate PDP secretary, based on a Supreme Court judgment delivered on March 21, 2025.

He noted that a recent meeting between PDP leaders and INEC helped clarify the commission’s position.

Saraki called for the emergence of a younger, forward-looking leadership at the next party convention.

He added: “This is not just about resolving today’s issues. It’s about building for the future.

“The next convention must not be business as usual. We must bring in new, younger faces who represent the future of this party.

“If PDP fails, Nigeria edges closer to a one-party state. And that would be a disaster for democracy.”

Economy

Persistent Grid Collapse, Weak Power Supply Worsening Economic Hardship: Oyintiloye

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DisCos Generate

Persistent Grid Collapse, Weak Power Supply Worsening Economic Hardship: Oyintiloye

Speaking with journalists on Sunday in Osogbo, Oyintiloye said the situation had continued to deteriorate despite assurances and reforms introduced by authorities.

He described unreliable electricity as a major setback to the federal government’s reforms in the power sector.

He appealed to President Bola Tinubu to urgently intervene, noting that poor power supply is worsening economic hardship across the country.

Oyintiloye said the poor supply has compounded the effects of the current heatwave, making living conditions more difficult for many Nigerians.

The former lawmaker called for the constitution of a panel to investigate recurring national grid collapses and persistent supply challenges despite significant investments.

“It is a terrible situation across Nigeria with persistent poor power supply,” he said.

“Many small-scale businesses and large industrial players are affected, while most homes cannot boast of even three hours of electricity supply daily for domestic use.

“Despite numerous reforms and promises, the national grid continues to collapse. The situation is now compounded by gas supply shortages, weak transmission infrastructure, and chronic underinvestment across the power value chain.

“Nigerians are groaning, and urgent action must be taken by the Minister of Power, Adebayo Adelabu, and his team. The situation cannot continue like this.”

Oyintiloye warned that the situation has already triggered protests in parts of the country and could escalate if not addressed promptly.

“The situation must be quickly addressed before it becomes a national embarrassment. Nigerians need to be informed whether the issue is due to structural failure or sabotage within the power sector,” he said.

DisCos Generate

Electricity

“This epileptic power supply has led to a series of peaceful protests nationwide. I appeal for the President’s intervention before these protests turn violent.

“Electricity is essential for households and the survival of businesses. Since the end of last year, there has been no stable power supply across the country, despite assurances by those in charge and huge investments in the sector.

“Poor power supply should not be added to the challenges Nigerians are currently facing. The high cost of fuel has also made it difficult for those relying on generators to cope.”

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Eid-el-Fitr: NRC Sets To Run Three Lagos–Ibadan Train Trips Monday

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Warri–Itakpe Train Service

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.

Warri–Itakpe Train Service

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.

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UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa

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UBA Grows Profit

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 Grows Profit

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.

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