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How N25bn Refund Pitches Ubah Against Governor Obiano

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The N25 billion refunded to the Anambra State Government by the Federal Government for repayment of rehabilitation and reconstruction of Federal roads has pitched Senator Ifeanyi Ubah (Anambra South) against Governor Willie Obiano.

Ubah at a press briefing on Sunday gave Obiano 72- hour ultimatum to address Anambra on why he had to discount the promissory notes with about N8billion or two-third of the money ahead of their maturity dates.

He threatened to institute a legal action against the Anambra State Government if Governor Obiano fails to heed his request.

The promissory notes were issued to the Anambra State Government by the Debt Management Office in 2018 and 2019.

The refund was made to the state through two separate promissory notes issued by the Debt Management Office (DMO) in December 2018 and April, 2019, to the tune of N10.097 billion and N15.146 billion respectively

The two Promissory notes had maturity dates of December 28, 2020 and April 1, 2022 respectively.

Commissioner for Information and Public Enlightenment, Mr. C-Don Adinuba, had in a statement denied that the State Government raised money from “the Debt Management Office or the Federal Ministry of Finance under a bond, or any financial instrument from any institution or organisation.

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“Our record of prudent financial management and integrity is well acknowledged far and near. It is tough to speculate how the senator came about the phantom N25billion bond which Anambra State purportedly raised surreptitiously from the DMO/Federal Ministry of Finance.”

However, Senator Ubah, who was armed with documents concerning the transaction from the DMO and signed by its Director General, Patience Oniha and the Minister of Finance, Zainab Ahmed, insisted that the N25billion was expected to be paid in two installments.

He lamented out of the N25billion, only N16.1billion was realised by the state government after the promissory notes were discounted at the rate of 15 per cent and 13 per cent respectively, by Governor Obiano through a commercial bank.

He said the state lost whopping N8.85billion after the promissory notes were acquired at discounted rates by the bank.

“The governor paid banks over N8billion in order to cash out the promissory notes before their maturity dates, thereby ensuring that Anambra lost the amount from the transactions,” Ubah said.

According to the documents obtained from the DMO by Senator Ubah, the amount and tenor of the first promissory note was N10, 097, 722, 436.90 and issued to the state government on December 28, 2018 with a maturity date of December28, 2020.

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The second promissory note of N15,146, 583, 655.00 was issued by the DMO on April 1, 2019 with a maturity date of April 1, 2022.

The letter from the DMO to Senator Ubah with reference number DMO/PMD/598/S.4/III/881 and dated November 16, 2020, reads in part: “The Distinguished Senator may wish to be informed that these were the only promissory notes issued to Anambra State Government which fully settled the outstanding claims of the state as approved by the Federal Executive Council and the National Assembly.”

But Senator Ubah further alleged that “in order for Governor Obiano to cash out on the N25billion that hasn’t matured, he had to terminate the deal by giving up 15 per cent and 13 per cent respectively of the total sums per annum.”

He added: “The Governor paid about N3billion in bank charges for N10billion on the first promissory note which has a tenor of two years and paid another N4.5billion on the second promissory note of N15billion which has a tenor of three years.”

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The lawmaker, however, vowed to petition the Anambra State House of Assembly after which he would sue the Governor should he fail to explain to the people of Anambra State why he threw away N8billion in his rush to cash out the money before the respective maturity dates.

He, however, wondered why the governor failed to capture the money realized from the promissory notes in the state’s annual budgets.

He called on the Governor to explain what he did with the N16billion he collected after making the state to lose whooping N8billion as discounts as well as why he allegedly lied through his commissioner about the funds.

He insisted that the road projects for which the N25billion was refunded by the Federal Government were executed by the administrations of Governors Chris Ngige and Peter Obi.

Senator Ubah also alleged that Governor Obiano has prevailed on the Federal Commissioner for Works in the state to stop him from rehabilitating some bad roads in his constituency even as the governor has continued to neglect the roads.

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2027: APC governors reject any form of political alliance, say it’s capable of undermining Tinubu’s re-election

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The Progressive Governors Forum (PGF) has said it will not endorse any alliance or political arrangements that could undermine President Bola Tinubu’s re-election bid or the party’s candidates in the 2027 elections.

The forum chairman, Imo governor, Hope Uzodimma, speaking in Abuja after the forum’s meeting, said his colleagues would exclusively support Tinubu and APC candidates at all levels in the 2027 elections.

“The forum unanimously resolved that its members will not participate in, support, or endorse any alliance or political arrangement capable of undermining the re-election of Mr president, weakening the APC or adversely affecting any candidate of the party at all levels,” Uzodimma, who was flanked by his colleagues, said.

“In other words, the forum has no intention to support any candidate at any level that is not an APC candidate.”

He said the governors’ campaign efforts would focus on all APC candidates contesting under the party’s platform.

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“Because our candidates are standing in the election as being sponsored by our party, the governor’s campaign commitment is exclusively to all APC candidates,” Uzodimma said.

He said the forum would not entertain any arrangement that could “create confusion, divided loyalty or competing interests” within the party.

Uzodimma also said the APC would adopt an integrated, locally responsive campaign structure ahead of the 2027 elections, with all levels of the party’s campaign architecture aligned with Tinubu’s expectations and the party’s strategic objectives.

Nyesom Wike, minister of the Federal Capital Territory (FCT), is leading the rainbow coalition, a cross-party alliance supporting Tinubu’s 2027 re-election bid.

Wike said the coalition is a shift from party politics to a collective political movement focused on advancing the state’s interests.

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INEC clears 18 presidential candidates, running mates for 2027 poll

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The Independent National Electoral Commission (INEC) has released a list of 18 presidential candidates and their running mates for the January 2027 presidential election.

The final list, titled “Presidential and National Assembly Elections for Jan, 2027 – Presidential Final List of Candidates”, was signed by Rose Oriaran-Anthony, INEC secretary.

The list includes major contenders such as Atiku Abubakar of the African Democratic Congress (ADC), Bola Tinubu of the All Progressives Congress (APC), Peter Obi of the Nigeria Democratic Congress (NDC), and Omoyele Sowore of the African Action Congress (AAC).

Atiku is listed with Rotimi Amaechi as his running mate, while Tinubu is paired with Vice-President Kashim Shettima.

Obi, the NDC presidential candidate, is listed with Rabiu Kwankwaso, former governor of Kano State, as his running mate.

Sowore is paired with Haruna Magashi.

Other presidential candidates on the list are Rufai Omo-Aje of the Action Alliance (AA); Abbas-Bin Aliyu of the Action Democratic Party (ADP); Yusuf Kabiru of the Allied Peoples Party (APP); Seyi Makinde of the Allied Peoples Movement (APM); and Adenuga Sunday of the Boot Party (BP).

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Also listed are Adebisi Olusoji of the Democratic Leadership Alliance (DLA); Sunday Okereke of the Labour Party (LP); Ada Okwori of the National Democratic Party (NDP); and Nkem Okereke of the National Rescue Movement (NRM).

Donald Duke is listed as the presidential candidate of the Peoples Redemption Party (PRP), while Adewole Adebayo is the candidate of the Social Democratic Party (SDP).

The remaining candidates are Peter Agada of the Young Progressives Party (YPP) and Daniel Nwanyanwu of the Zenith Labour Party (ZLP).

The document also contains the ages, gender, and academic qualifications of the presidential and vice-presidential candidates.

The presidential and national assembly elections are scheduled for January 16, 2027, while the governorship and state houses of assembly elections would be held on February 6, 2027.

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‘We’ll take care of you if we win presidency’ — Kwankwaso asks Atiku to step down

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The vice-presidential candidate of the Nigeria Democratic Congress (NDC), Rabiu Musa Kwankwaso, has urged former Vice-President Atiku Abubakar to step down from the 2027 presidential race. 

Kwankwaso, a former governor of Kano state, spoke at his residence in Abuja during a meeting with members of the Fulani Farmers Association.

According to Thecable, Kwankwaso, who is running mate to Peter Obi, NDC presidential candidate, urged Atiku to reconsider his presidential ambition, citing his age and health.

He added that he and Obi would take care of Atiku if they won the presidency.

“Go to the Wazirin of Adamawa’s house and tell him in Fulani that he needs to focus on his traditional title of Wazirin, given his age and health,” he said in Hausa.

“If Allah grants us success, we will take good care of him, especially since you all come from Adamawa. An apology should be offered to him.”

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Abubakar has run for the number one office six times, but has been on the ballot as a presidential candidate on three occasions — 2007, 2019, and 2023.

In April, the former vice-president, who will turn 81 next year, said the 2027 general election would be his last attempt at the presidency.

Atiku was conferred the title of Wazirin Adamawa in June 2017 by Muhammadu Barkindo Aliyu Musdafa, the 12th traditional ruler of the Adamawa emirate, following the death of Muhammad Abba, the previous titleholder.

Atiku had held the title of Turaki of Adamawa since 1982, which was eventually passed to his son, Aliyu.

The Wazirin Adamawa is a high-ranking traditional title in the Adamawa Emirate, with the holder serving as the emir’s prime minister, most senior councillor, kingmaker and close adviser.

In 2025, Adamawa state government issued a directive requiring all kingmakers and traditional council members to be indigenes of the emirates or chiefdoms they represent.

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The policy was said to have stripped Atiku of the Wazirin title, as he hails from Jada in the Ganye emirate.

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