Battle to change political fortune

Ogun West: On a date with history Ogun West and the battle for Amosun’s seat In the 41 years existence of Ogun State, only two out of the three senatorial districts in the state have produced governors between themselves. In this report, WALE ELEGBEDE writes on the renewed vigour and resilience of Ogun West senatorial district to break the jinx in 2019 “In the interest of justice and fairness, Ogun West Senatorial district should be given the slot to produce the next governor of the state. If Ijebu and Egba…

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Rivers: Defections drive APC to the edge

EMMANUEL MASHA reports on the gale of defections among chieftains and members of the All Progressives Congress (APC) in Rivers State since after the National Assembly rerun elections in the state in which the Peoples Democratic Party (PDP) emerged victorious   A few months before the legislative rerun elections in Rivers State, the camp of a senatorial candidate of the All Progressive Congress (APC) was bubbling as party leaders expressed optimism about the party’s chances in the election. But, when the Independent National Electoral Commission (INEC) announced the result, it…

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Angst in APC over ‘marginalisation’

The bottled-up anger in the All Progressives Congress (APC) is gradually being let out with series of protests by members who feel marginalised, writes ONYEKACHI EZE   There is no doubt that all is not well in the ruling All Progressives Congress (APC). Events in the last few weeks confirmed this. First, is the news making the rounds that the party’s planned April 29 midterm national convention might not hold due to lack of funds. In fact, many people had expected this to happen because the APC leadership has cried…

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Slippery crude oil swap

The recent payment of over $202 million to the Nigerian National Petroleum Corporation (NNPC) downstream entities by Aiteo Energy Resources Limited for fraudulent deals under the scrapped crude oil swap arrangement has reaffirmed the need to fully unravel all transactions surrounding the controversial barter plan during the last administration. The amount includes Aiteo’s share of the $184 million total indebtedness by three companies on crude swap obligations and other downstream liabilities. Televaras Group of Companies has also pledged to make a tranche payment of $17.2 million while NNPC is still…

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Building insurance gains traction from regulators, lawmakers

With regulators and lawmakers putting modalities in place to fully implement building insurance in the country, victims of subsequent disasters are set to get paid for losses. Sunday Ojeme reports     Effort by the Federal Government to ensure Nigerians embrace all aspects of Compulsory Insurances is gaining strength following insurance regulators and lawmakers’ synergy on public building insurance. The latest determination, which began two weeks ago with a meeting between the National Insurance Commission (NAICOM), Nigerian Insurers’ Association (NIA) and Federal Fire Service, was given another traction last week…

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