News

JUST IN: Obidient Movement Infiltrated By Saboteurs, Abure Laments

Published

2 years ago

May 15, 2024

Editor

The National Chairman of the Labour Party, Julius Abure, on Wednesday, expressed concern that the ruling oligarchy and suspected saboteurs have infiltrated the rank of its Obidient Movement to pull down the party.

Abure raised the alarm at a press conference held at the party secretariat in Abuja.

The Obidient Movement, birthed in the build-up of the 2023 general election, comprises young Nigerians who see the hope of a new Nigeria in the candidacy of LP Presidential Candidate, Peter Obi.

The impact of the group was felt when it powered the Labour Party to a stunning performance at the February 25 presidential and national legislative elections.

To date, LP has one elected governor, 35 members of the House of Representatives and seven senators to its credit.

But Abure told journalists that the recent attitude of some Obidient members has given a notion that the movement may have been penetrated by the ruling oligarchy to erode all the gains they made in the past year.

He said, “I also want to appeal to the Obidient movement to remain in the party and be patient to learn the rudiments of politics. It is also my appeal that they should endeavour to find time to read the Constitution of the party, the Electoral Act and the 1999 Constitution. This will enable them to make a well-informed opinion about the activities of the party.

“I must say that a lot of people, particularly, the ruling oligarchy have no doubt, infiltrated the Obidient Movement and they are currently striving to carry some innocent Obidient along in derailing and unnecessarily criticising the party to bring it to disrepute and pull it down.

“This is not to say, however, that some of the complaints from the Obidients are not germane. But part of these complaints is that those who want to belong to the party have not been fully absorbed.”

To resolve the plethora of complaints bombarding the party frequently, the LP national chairman announced that a directorate has been created to attend to the affairs of the Obidient movement.

Abure said he was excited about the prospect knowing that considerable members of the group are chairmen and executives at the wards, local governments, states and national levels.

“To attend swiftly to most complaints of Obidients, we have decided to create a whole directorate dedicated to the family. That directorate will coordinate the registration of members and integrate them fully into the structure of the party.

“The directorate will also ease Diaspora participation, bring complaints to the attention of the party leadership, coordinate the collection of dues and donations to the party and ensure all Obidients are financial members.

“They will work closely with the National Youth Leader, National Women Leader, and National Organizing Secretary to create programs that will fully and effectively assimilate all members of the Obidient family to the party.

“As the national leader of the party, Mr Peter Obi, said, the national convention has come and gone. It is therefore imperative for us to put our differences aside and collectively work in the interest of the party and Nigerians who are currently suffering amid plenty. The Nigerian people have a common enemy which I refer to as the ruling oligarchy in Nigeria. They have held the country captive and ensured that our common patrimony is stolen.”

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.