News

AAC Guber Candidate Takes Swipe On Edo Speaker Over Suspension Of 3 Lawmakers

Published

2 years ago

May 6, 2024

Editor

Dr Udoh Oberaifo, the governorship candidate of the African Action Congress (AAC) for the forthcoming election in Edo State, has condemned the suspension of three members of the state house of assembly by the Speaker, Blessing Agbebaku.

The Speaker had on Monday suspended the three lawmakers over an alleged plot to impeach.

The three suspended lawmakers are: Mr Donald Okogbe( PDP Akoko-Edo 11) Bright Iyamu(PDP Orihonmwon South) and Adeh Isibor, (Esan North East 1)

Reacting to the incident in Benin, Oberaifo described the suspension of the three lawmakers as illegal and unconstitutional.

He stated that the speaker lacks the legal power and right to suspend a lawmaker democratically elected by the people.

“So what will now happen to the lawmaking, representation and the constituents of this suspended members,” he asked.

He noted that the “tyranny of the speaker” clearly infringes on the rights of the good people of Edo, the suspended members and their constituents.

” Our courts have consistently held that disciplinary powers of legislative houses like Edo State House of Assembly do not extend to reckless suspension.

” The court of appeal in BAUCHI STATE HOUSE OF ASSEMBLY & ORS v. GUYABA agreed with the trial court in holding that the suspension of a then house of assembly member, Hon. Gubaya for three months was illegal.

“Recently, the court also took a similar view in case of Akinribido v Ondo State House of Assembly.

” The point I wish to state here is that the clear malicious suspension of this members of Edo House of Assembly for whatever reasons by the speaker, is laughable, unjustifiable, illegal and clearly unconstitutional.

“It clearly shows the directionless lawmaking powers; offside decision making of the PDP-led house of assembly, and lack of respect for democratic institutions, “ he said.

Oberaifo, therefore, called for the recall of the suspended members in line with clear court precedents in similar matters.

According to him, the above shows that Edo people can no longer continue with the status quo of the PDP governance and law making in the state.

He urged the people to reject the PDP in the forthcoming governorship elections and vote the candidate of the AAC as a better alternative and for credible governance.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

6 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.