News

Group Urges Public To Disregard Reports Of Rift Between Otuaro And King Ateke

Published

11 months ago

June 6, 2025

Group known as Ijaw People’s Development Initiative, IPDI, has urged the public to disregard the reports making the rounds that there’s an existing rift between the administrator of the Presidential Amnesty Programme, Dr Dennis Otuaro and Amayanabo of Ochochri kingdom in Rivers State, HRM Ateke Tom.

Recall, some unverified online media platforms reprted that the Amayanabo of Ochochri Kingdom, HRM Ateke Tom had a serious confrontation with the PAP boss, Otuaro during his (Ateke) birthday ceremony.

But in a statement, president of the group, Comrade Austin Ozobo said Otuaro didn’t face any confrontation from the Amayanabo, saying that both leaders had a good times during the birthday ceremony.

Ozobo maintained that Otuaro has been doing an exceptional job in managing the programme and ensuring that the objectives of peace and development in the Niger Delta region are achieved.

He added that Otuaro was working hard to ensure the stipends of ex-agitators are increased, and impacted communities are considered for the programme.

The group urged the general public to disregard such unverified reports and focus on the positive impacts Otuaro is making in the Niger Delta region through the PAP, noting the importance to support Otuaro in his efforts to bring about lasting peace and development in the region.

Ozobo appealed to leaders, stakeholders and ex-agitators not to allow those he referred to as the enemies of the Niger Delta to create divisions and hinder the progress that was being made by Otuaro.

Ozobo added, “Rumors of a rift between Otuaro and Ateke Tom, a prominent ex-agitator and a traditional ruler, are baseless and unfounded. These rumors are being spread by people with malicious intentions who are trying to create a rift between the two leaders. Otuaro and Ateke Tom have a cordial relationship and have been working together towards the development of the Niger Delta.”

The group further emphasised, “Otuaro’s performance as the administrator of PAP has been unbeatable. Under his leadership, the programme has been able to successfully reintegrate ex-agitators into society, providing them with education and vocational training, and empowering them to become self-sufficient.

“This has contributed to the reduction of crime and violence in the region, leading to a more peaceful and stable environment for economic growth and development.

“Unfortunately, there are enemies of the Niger Delta who are not happy with the progress being made under Otuaro’s leadership. These enemies are trying to manipulate him to serve their own selfish interests, and when he refused to comply, they resorted to fabricating false reports about a rift with Ateke Tom.

“It is important to disregard these reports and focus on the positive impact that Otuaro and the PAP are making in the Niger Delta region. It is also important to support Otuaro in his efforts to bring about lasting peace and development in the region.

“Let us not allow the enemies of the Niger Delta to create divisions and hinder the progress that is being made” Ozobo said.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 minutes 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

26 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

3 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.