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Peter Obi disowns merger talks with PDP, Kwankwaso

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Four days after New Nigeria Peoples Party (NNPP) leader Senator Rabiu Kwankwaso repudiated the proposed opposition alliance talks, his Labour Party (LP) counterpart, Peter Obi, has disowned the plan.

Obi, former Anambra State governor, said there is no merger deal yet with the Peoples Democratic Party (PDP), the NNPP or any other party.

He told reporters in Abuja that no agreement had been established with other parties on collaboration ahead of 2027.

However, Obi urged Nigerians to come together in 2027 and defeat the All Progressives Congress (APC), which he accused of mismanaging the country’s resources.

Obi described the security situation as unfortunate, saying that many Nigerians are losing their lives to banditry, terrorism, and kidnapping-for-ransom.

He said corruption and the cost of governance are high, leading to an astronomical increase in public debt under the Tinubu Administration.

Obi alleged that government officials mismanaged public funds in 2024 through incessant foreign travels.

However, the APC rejected the allegations, saying that they were unfounded.

The ruling party said the former LP presidential candidate is still nursing bitterness over his defeat in the 2023 poll.

Obi also said the country’s electoral processes are visibly flawed, lacking transparency and credibility.

He said the electoral processes fell below acceptable standards, adding that people’s votes no longer count.

Obi said the single most challenging test for the President is ensuring that future elections are credible and truly reflect the will of the people.

Obi said: “We hold periodic elections that are no longer genuine. Our electoral processes are visibly flawed, lacking transparency and credibility.

“Although Nigeria is a democratic country, the electoral processes fall far below acceptable standards, with the people’s votes often not counting.”

“All future borrowing must be tied to regenerative investments and visible, productive assets that benefit the nation.

“This will ensure both productivity and the ability to service and amortise such loans, rather than continuing the current practice of accumulating massive debt with no tangible returns, which places undue strain on future development revenue.

“Furthermore, it is time for you to visit our national hospitals. Consider, for example, that your next medical examination be conducted at one of our national hospitals or regional federal medical centres, such as the FMC in Sokoto or Birnin Kebbi or Calabar or Umuahia or Akure, among others.

“This will allow you to assess the state of healthcare facilities available to Nigerians. It will also help you understand the condition of our hospitals and clinics, enabling you to make informed decisions on how to upgrade and make them efficient.

Endeavour to travel by road to observe the condition of most highways.

“You can take short trips, for example, from Calabar in Cross River State to Uyo in Akwa Ibom State – a distance of less than 100 km, or from Benin in Edo State to Warri in Delta State.

“I recall taking President Olusegun Obasanjo on a trip from Awka to Onitsha on a federal highway when I was the governor of Anambra State.

“That journey prompted him to immediately approve the reconstruction of parts of the road by the Anambra State government, with subsequent reimbursement by the Federal Government. Such actions are immensely valuable.

“Make both impromptu and planned visits to our tertiary institutions, where our children and future leaders are being trained. It is essential to familiarise yourself with the available infrastructure, facilities, and amenities.

“These visits will provide valuable insight into whether the resources of the Tertiary Education Trust Fund (TETFund) are being utilised optimally and what is needed to sustain the education system.

“Mr. President, many Nigerians are ‘refugees’ and ‘exiles’ in their own country.

“Visit various IDP camps and assure these Nigerians that they will soon return to their communities and that you are working hard to restore peace and normalcy to the country. Nigeria is not a war-torn nation.

”To motivate the soldiers fighting terror, Obi said: “As Commander-in-Chief, visit our military formations and security agencies, especially during their field operations, and provide them with morale-boosting assurances and support for operational efficiency.

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16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant

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In a remarkable feat that has captured national attention, 16-year-old student Osasere Okundaye has emerged as Nigeria’s youngest chartered accountant, shattering the previous record set in 2022.

Okundaye successfully completed the professional examinations of the Institute of Chartered Accountants of Nigeria (ICAN), earning widespread acclaim as a shining example of youthful excellence and determination. Her achievement comes at an age when many peers are still navigating secondary education or early university studies.

Minister of Youth Development Ayodele Olawande congratulated the young prodigy, describing her accomplishment as an inspiring milestone. “I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age,” the minister said, highlighting her hard work and resilience as a symbol of the potential within Nigerian youth.

Okundaye’s success surpasses the record previously held by Jonathan Adewale (also known as Ojo Jonathan Adewale), who qualified as a chartered accountant at age 17 in 2022. Her qualification has sparked pride across the country and renewed focus on empowering young Nigerians in professional fields.

While full ICAN membership typically requires additional practical experience (usually three years), Okundaye’s completion of the rigorous exams marks a historic breakthrough. Details about her educational background and the journey to this achievement are still emerging, but her story is already motivating aspiring accountants and students nationwide.

This milestone underscores the growing narrative of exceptional young talent driving Nigeria forward in various sectors. Congratulations poured in from across social media and media outlets, celebrating Okundaye as a beacon of hope for the nation’s future.

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JUST IN: Vigilante Groups Rescue Kidnapped NECO Students in Borno State

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Local vigilante groups have successfully rescued several students of the National Examinations Council (NECO) who were abducted in Borno State, security sources confirmed on Monday.

The students were reportedly kidnapped while traveling or residing in the area for examination purposes. Details of the exact number rescued and the circumstances of the abduction remain limited, but eyewitness accounts indicate that vigilante fighters acting on intelligence engaged the kidnappers, leading to the release of the captives without major casualties reported among the students.

A community leader in the affected area praised the swift response of the vigilantes, stating that their deep knowledge of the local terrain played a crucial role in tracking the abductors. “These boys and girls were on their way to pursue their education. We thank God and our local defenders for bringing them back safely,” he said.

Borno State has faced persistent security challenges, including banditry and insurgent activities that have occasionally targeted schools and students. The rescue operation highlights the growing reliance on community-based security networks in complementing efforts by the Nigerian military and police in the region.

Authorities are yet to issue an official statement on the incident, but sources say efforts are ongoing to reunite the rescued students with their families and provide necessary medical and psychological support. Investigations into the kidnapping are also underway to apprehend those responsible.

This latest incident comes amid broader concerns over the safety of students in northern Nigeria during examination periods.

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EFCC Charges Former Port Harcourt, Warri Refinery MDs with Money Laundering

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Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has filed separate money laundering charges against the immediate past Managing Directors of the Port Harcourt Refining Company (PHRC) and the Warri Refining and Petrochemical Company (WRPC).

The accused are Ahmed Adamu Dikko, former MD of the Port Harcourt Refinery, and Jimoh Olasunkanmi Yisawu, former MD of the Warri Refinery. The charges stem from the alleged diversion and laundering of funds earmarked for the rehabilitation of Nigeria’s state-owned refineries.

According to court documents and investigations by PREMIUM TIMES, the EFCC accused the former officials of abusing their positions by receiving and laundering large sums of money through third parties in connection with controversial turnaround maintenance contracts.

The probe forms part of a broader investigation into alleged fraud involving billions of dollars linked to the rehabilitation of the Port Harcourt, Warri, and Kaduna refineries. EFCC sources have indicated that the total amount under scrutiny runs into billions, with earlier recoveries reported at ₦38.66 billion alongside other properties.

The charges include multiple counts of money laundering, with Dikko and Yisawu allegedly involved in diverting public funds meant for critical refinery upgrades. This comes amid ongoing scrutiny of officials from the Nigerian National Petroleum Company Limited (NNPCL) and contractors involved in the projects.

The development is the latest in a series of actions by the EFCC targeting alleged corruption in Nigeria’s oil sector, where massive investments in refinery rehabilitation have yielded limited operational improvements despite significant expenditures.

As of the time of filing, court proceedings for the arraignment of the former MDs were underway. The EFCC has not yet issued an official statement on the matter.

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