News

Disclose Debt Profile Of The State, Orbih Tackles Obaseki

Published

6 years ago

January 13, 2020

Editor

Chairman of the Peoples Democratic Party in Edo State, Chief Dan Orbih, Sunday, challenged governor of the state, Mr. Godwin Obaseki to publicly declare debt profile of the state as at when he came to power and present.

Orbih, who spoke at the grand finale of the Edo North PDP Leaders Tour in Fugar, described Edo State as the second most indebted state in the country.

He said, “I want to challenge Governor Godwin Obaseki to disclose the state of indebtedness to the people of the state. Indebtedness as when he took over power and as of today. Somebody just wisper to my hear that he has evidence to show that Edo State is the second most indebted state in Nigeria today.”

Former Chief of Staff to the President, Chief Mike Ogiadomhe (left) and Chief Dan Orbih, PDP chairman, Edo State (right) during the Edo North PDP Leaders Tour at Fugar on Sunday

Stating that Edo State treasury has been emptied by the ruling APC, Orbih called on gobernosrhip aspirants under the party to prepare for the worst when the party eventually assume office.

He said governorship aspirants under the PDP are crops of young men who have what it takes to rule the state, stressing that the PDP is the only party that can deliver dividence of democracy and profer solution to the challenges of the state.

L-R: Dan Orbih, PDP Chairman Edo State; Senator Victor Oyaifo and High Chief Raymond Dokpesi, chairman of the Edo North PDP Leaders Tour at Fugar on Sunday

“The present governorship aspirants under the PDP are crops of young men who have what it takes to rule the state. But I want to use this occasion to send a strong signals to our governorship aspirants that as they prepare for the governorship primaries, they must put at the back of their minds that when PDP comes back to government, they are going to face very serious problem because they are going to inherit an empty treasury”, Orbih added.

Speaking on the incessant fire outbreaks that occure in the state, the PDP chairman lamented that resources the state government ought to use in procurement of fire fighting equipment are been expended on the internal crisis rocking the ruling party.

He noted, “I want to use this opportunity to call on the government to do something urgent so that there will be permanent end to fire incident in the state. A lot of people have lost so much in these market fire outbreaks, and I believe and will be speaking with authority to call on Godwin Obaseki that he should direct the resources of the state to finding lasting solution to the problems of the state. And let them put aside their internal crisis. What the government is using in fighting their internal crisis is enough to purchase fire fighting equipment for our fire fighters.”

Also speaking, Deputy National Woman leader of the PDP, Umoru Adizet Hadizat, said leaders of the party have resolved to stop the tactics of rigging of the ruling party, lamenting that though the PDP did win past elections in the area, the APC successfully rigged them.

She urged the people present at the event to “go out like missionaries and preach the gospel of PDP as the only party that can deliver dividence of democracy to the people.”

A cross section of PDP supporters during the Edo North PDP Leaders Tour at Fugar on Sunday

She said, ” You can see there is hardship in the land. People are not happy because they are frustrated by the hardship brought by this government. We want you to therefore go out as missionaries and tell the people that the PDP is the only party that can rescue them.”

Chairman of the Edo North PDP Leaders Tour, High Chief Raymond addressing PDP supporters during the Edo North PDP Leaders Tour at Agenebode on Sunday

Chairman of the Tour, High Chief Raymond, on behalf of leadership of the party urged the party to allocate the deputy gobernosrhip position to the Senatorial District, stressing that this will inspire the people in the area to vote massively for the party.

He noted that the PDP has no division but has resolved to work together as one with a view to winning the forthcoming election.

News

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

Published

15 minutes 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

2 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.

News

Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Published

20 hours ago

May 5, 2026

Editor

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.