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APC slams Obi over borrowing criticism, defends Tinubu’s policies

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The All Progressives Congress in Lagos State has defended the borrowing policy of President Bola Tinubu’s administration, insisting it is strategic and aimed at funding critical infrastructure, not reckless as alleged by Labour Party’s 2023 presidential candidate, Peter Obi.

Nigeria’s rising debt profile has remained a recurring issue in national discourse. Tinubu’s administration has defended its borrowing as necessary for infrastructure expansion and economic reforms, citing global practices.

However, critics, including opposition figures, argue that mounting debt without visible improvements in living standards worsens Nigeria’s economic challenges.

The APC Spokesman, Mr Seye Oladejo, in a statement titled “Peter Obi’s Borrowing Hypocrisy: Physician, Heal Thyself” on Thursday berated the 2023 Labour Party’s Presidential Candidate’s criticism of Tinubu’s borrowings.

The News Agency of Nigeria reports that the former Anambra governor had called on accountants to confront Tinubu-Federal Government over what he called “reckless borrowings”.

Oladejo advised Obi to play to his strengths in politics, “as topics bordering on finance, economy, development, and social policy remain his enduring handicap.”

According to him, borrowing under the present administration is strategic, tied to projects and funding of productive sectors.

“First, borrowing is not inherently reckless. What matters is purpose and prudence.

“Under President Bola Ahmed Tinubu, borrowing is strategic, tied to critical infrastructure, energy, transportation, and productive sectors.

“This is the globally accepted practice-even the most advanced economies borrow to fund growth. Second, Peter Obi has no moral authority to lecture anyone about prudence.

“Nigerians remember that as governor, he left behind unpaid pensions, collapsing infrastructure, and poor human capital indices,” Oladejo said.

See also  Tinubu swears in Amupitan as new INEC chairman

He said that Obi had consistently displayed extravagant tendencies, adding that it was a contradiction that he was going about giving sermons on prudent management of resources.

“For someone who flew around the world in private jets during his campaign while sermonising about cutting costs, the contradictions are glaring,” he said.

According to him, unlike Obi’s motivational-speech politics, Tinubu is taking bold, necessary steps to reset the economy.

“Subsidy removal, currency reforms, and targeted borrowing are difficult but inevitable measures to secure Nigeria’s future. This is leadership in action – not empty moralising,” he added

He urged Obi to refrain from commenting on serious matters of finance and governance,” he is out of depth and out of place”.

Oladejo said that Tinubu was building Nigeria’s future, while Obi was busy building sound bites. One is a reformer, the other a motivational speaker. Nigerians know the difference,” he said.

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Wike-backed PDP fixes presidential form at N51m, gov N21m

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A faction of the Peoples Democratic Party backed by the Minister of the Federal Capital Territory, Nyesom Wike, has fixed its presidential nomination and expression of interest forms at ₦51m and governorship form at ₦21m ahead of the 2027 general elections.

The PDP National Organising Secretary of the faction, Umar Bature, disclosed this in a timetable made available to journalists on Wednesday.

According to the schedule, the faction will submit its register to the Independent National Electoral Commission on April 21, 2026, and notify the commission of its primaries on April 22.

The timetable shows that the expression of interest form for all positions costs ₦1m, while nomination fees vary across offices.

Aspirants for State Houses of Assembly are to pay ₦2m, House of Representatives ₦3m, Senate ₦5m, governorship ₦20m, and presidential aspirants ₦50m.

The sale of forms will begin on April 27 and close on May 4, while the deadline for submission of completed forms is May 9.

Screening of aspirants for State Houses of Assembly, National Assembly and governorship positions is scheduled for May 11, while that of presidential aspirants will hold on May 12.

The presidential primary has been fixed for May 18, while governorship primaries will be held on May 27.

House of Representatives primaries are scheduled for May 21 and Senate primaries for May 23, while State Houses of Assembly primaries will hold between May 21 and May 24. Appeals are expected to be concluded by May 30, 2026.

Bature added that female aspirants would only pay the expression of interest fee for their respective positions.

See also  Tinubu will win 2027 with 15m votes—Ex-APC aspirant

The PDP has been embroiled in an internal crisis, leading to a split into two factions—one led by Tanimu Turaki and supported by Oyo State Governor Seyi Makinde and Bauchi State Governor Bala Mohammed, and the other led by Abdulrahman Mohammed with the backing of Wike.

Several cases filed by both factions are pending in court.

At the Supreme Court on Wednesday, the justices said a date for judgment would be communicated to the parties.

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Supreme Court reserves judgment in PDP leadership dispute

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The Supreme Court of Nigeria on Wednesday, reserved judgment in the appeal filed by the Kabiru Tanimu Turaki-led faction of the Peoples Democratic Party, challenging the nullification of its 2025 national convention.

A five-member panel led by Justice Lawal Garba announced that a date for judgment would be communicated to all parties after counsel adopted their final written addresses.

The Turaki faction is seeking to overturn the March 9 ruling of the Court of Appeal, which affirmed earlier decisions invalidating the party’s Ibadan convention held on November 15 and 16, 2025.

At the apex court, the faction argued that the dispute falls within internal party affairs and is therefore not justiciable, insisting that due process was followed in organising the convention.

However, lower courts had consistently ruled against the group, nullifying the exercise, restraining the Independent National Electoral Commission from recognising its outcome, and issuing orders affecting access to the party’s national secretariat.

The appellate court had upheld two judgments of the Federal High Court in Abuja, which barred the PDP from conducting the convention pending compliance with the Electoral Act and the 2022 Regulations and Guidelines for Political Parties.

In one of the decisions, Justice James Omotosho held that the party failed to conduct valid state congresses as required by law and its constitution, thereby invalidating the planned convention.

Similarly, Justice Peter Lifu restrained the party from proceeding with the convention until it allowed former Jigawa State governor, Sule Lamido, to participate in the national chairmanship race after finding he was unjustly excluded.

See also  2027: Why I want to succeed Sanwo-Olu as governor –Jandor

The suits leading to the rulings were instituted by aggrieved party members, including state executives from Imo, Abia, and the South-South zone, setting the stage for the protracted leadership crisis now before the apex court.

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Oyebanji re-election in Ekiti will validate Tinubu’s influence — APC chieftain

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A chieftain of the All Progressives Congress and House of Representatives aspirant, Henrich Akomolafe, has said the expected victory of Ekiti State Governor, Biodun Oyebanji, in the June 20, 2026, election would serve as a referendum on the leadership of President Bola Tinubu.

Speaking with journalists during a political consultation meeting on Tuesday, Akomolafe framed the Ekiti poll as more than a state contest, arguing that it would also reflect public confidence in the broader direction of the APC-led Federal Government.

He described Oyebanji as a performer and bridge-builder whose administration has brought stability, development and renewed confidence in governance in Ekiti State.

According to him, the governor’s leadership style—anchored on service, humility and visible results—has strengthened public trust and positioned him for electoral success.

“Ekiti people are politically conscious and always assess performance before making electoral decisions. Governor Oyebanji has built trust through his record, and that trust will translate into votes,” he said.

Akomolafe added that Oyebanji’s policies prioritised the welfare of workers, youths, farmers and traditional institutions, noting that his inclusive governance approach had helped sustain peace and unity across the state.

The APC chieftain also linked the governor’s anticipated victory to growing acceptance of Tinubu’s economic reforms, which he described as bold but necessary steps toward long-term national stability.

“Transformational leadership requires courage. The support Oyebanji will receive will also reflect public understanding of the President’s vision,” he added.

While acknowledging the short-term hardships associated with ongoing reforms, Akomolafe maintained that many Nigerians were beginning to see their long-term benefits.

See also  Tinubu swears in Amupitan as new INEC chairman

He further called for unity within the party, particularly in Ekiti South Federal Constituency I, urging intensified grassroots mobilisation to secure victory for the APC across all levels in the election.

Akomolafe also appealed to youths, women and community leaders to rally behind leaders committed to service delivery, stressing that the upcoming governorship poll would be pivotal to consolidating development gains and sustaining peace in Ekiti State.

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