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Nigerian Observer: Fallacy As An Edo State Government Policy, Says APC

Published

4 years ago

October 13, 2022

Editor

The Edo State chapter of All Progressives Congress, APC, has condemned the Governor Godwin Obaseki-led Edo State Government’s continuous “demolition of successful governments legacy,” making reference to the Nigerian Observer newspaper, which the party referred to as pride of Edo State.

Recall that the state government in June 2022, closed down the Nigerian Observer and promised to reopen it in a month after restructuring it.

Secretary to the State Government (SSG), Osarodion Ogie, Esq, in a statement had said, “The Edo State Government, in line with the reforms of the state-owned media organisations, has directed the closure of the Nigerian Observer newspaper for a period of one month, for re-organisation and re-launch of the media outfit.”

Ogie added, “All existing staff of the Nigerian Observer are hereby redeployed to the Ministry of Communication and Orientation, with immediate effect, where they will receive further directives on their new responsibilities.

“Members of the reading public and lovers of the Nigerian Observer brand are assured that their darling newspaper titles will return to the stands shortly better and improved.”

But the APC in a statement signed by Victor Ofure Osehobo, Assistant State Publicity Secretary, a copy of which was made available to INFO DAILY on Thursday, said the Obaseki-led government was being economical with the truth when it closed down the newspaper, as he has failed to reopen the it after several months.

The statement lamented that Observer newspaper had since been turned it to an online newspaper, with an editor who, according to the party, is also a staff of the Ministry of Youth and Gender.

Oshobo in the statement added that contrary to the government’s promise of reopening the media firm one month after, it has since “demolished vital sections of the premises of the newspaper at 24 Airport Road, Benin City, installed a ‘N5-billion’ printing press, redeployed all the workers to MDAs and created a newspaper called ECHO to replace the Nigerian Observer.

“This is the situation Edo state government has found itself with a governor Godwin Nogheghase Obaseki demolishing the legacy Edo newspaper, the pride of Edo state and turning it to an online newspaper, with an editor who is also a staff of the Ministry of Youth and Gender.”

Further revealing what played out in the close down of the newspaper, Osehobo in the statement said: “The old Nigeria Observer printing press was auctioned while a fairly press proposed to print ECHO, the new mane Obaseki has given the Nigerian Observer with some of his cronies as staffers has failed to print one sheet of paper since it was imported from Germany in 2020. Twice the manufacturers have been guests of the government for millions of Naira, to repair it to no avail.”

He added: “Yet Edo state government has employed a 14-man staff for the Echo and signed an MOU with some unknown media firm for the purpose of daily printing and circulation of the medium on a PPP basis.”

The APC described the governor’s style of saying one thing and doing the opposite as one which is in tandem with his 2020 manifesto called, Make Edo Grounded Again, MEGA.

The statement added: “The goal is ensuring a defined template for underdevelopment in Edo state. It is with all the modalities for an unending underevelopment plan, designed to paralyse government tools, guidelines and milestones so that his successors find future development planning an ordeal. We condemn the plot as it is bound to fail.”

The Nigerian Observer was set up in 1968 by Late Dr Samuel Ogbemudia, as Administrator of then Midwest region and can be regarded as one of the assets, Edo inherited in 1991.

Related Topics:APC Edo Nigerian Observer Obaseki

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 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.

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

Published

3 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.

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

Published

5 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.