News

JUST IN: Apapa Faction Faults LP For Insinuating APC Sponsored NLC

Published

2 years ago

April 10, 2024

Editor

The Lamidi Apapa faction of Labour Party on Wednesday faulted the Julius Abure-led National Working Committee for accusing the President of Nigeria Labour Congress, Joe Ajaero and the NLC Political Commission of being sponsored by the ruling All Progressives Congress to cause disaffection in the party.

The Apapa camp also described the attempt by the NWC to accuse their faction of a similar anti-party activity as irresponsible and insensitive.

This was contained in a statement issued in Abuja by the spokesman for the Apapa faction, Abayomi Arabambi.

Arabambi’s protest was a reaction to the rejoinder issued barely 24 hours ago by the National Publicity Secretary of the Labour Party, Obiora Ifoh, claiming that the NLC and its political commission lack the power to sack Abure’s NWC.

Ifoh added that the congress has been mandated by Ajaero to ensure that the crisis in the Labour Party festers ahead of 2027 by presenting itself as a rallying ground for dissident former members of their party, who recently lost the leadership battle in the courts.

According to him, the party is not unmindful of the alleged political pact the leadership of the NLC has gone into with the current APC-led government to destabilize the opposition.

Reacting on Wednesday, Arabambi noted that he found it disturbing how Ifoh would attempt to distort and rewrite the history of their party by alleging that the NLC Political Commission was ‘mandated by Ajaero to ensure crisis festers in Labour Party ahead of the 2027 election.’

While stressing that he suspected the statement was made ‘out of ignorance, political rascality and gross indiscipline,’ the Apapa faction spokesman said they neither had a pact with the NLC nor the said APC government as alleged.

“We wouldn’t have bothered to dignify this reckless statement from him and his co-travellers bjt because they continue to pretend and mislead members of the public with their intellectual sophistry, which was a false narrative. LP will not hold any brief or engage in any response for both the NLC president and its affiliate over the spurious insinuation by Obiora Ifoh that we are now working for President Bola Ahmed Tinubu-led APC administration.

“Assuredly, we vehemently refute these allegations and shall put the mischief maker to the strictest proof at the appropriate time. We are also reminding him that those calling for the resignation or otherwise removal of Julius Abure now as National Chairman were on the side of their faction fighting us all through the pendency of the FCT high court restraining order

“It is therefore incongruous and antithetical for you and anyone from your faction of the Labour party to insinuate we are now jointly working for APC administration of President Bola Ahmed Tinubu alongside Joe Ajaero who once referred to Alh Bashiru Lamidi Apapa led NWC as rodents, except you are suffering from acute dementia or chronic bipolar disorder.

We are also not in crisis with the NLC Political Commission towards any of their actions against the LP faction led by Barr. Julius Abure and his cohorts.

“However, the NLC president and the NLC Political Commission will be on firm ground if they choose to work with the Alhaji Bashiru Lamidi Apapa and Alhaji Saleh Lawan as Acting National Chairman and Acting National Secretary-led NWC of the Labour Party,” he stated.

Efforts to get the reaction of the Abure’s camp were unsuccessful.

As of the time of filing this story, the lines of Abure and Ifoh were unreachable.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

4 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

6 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.