Obasanjo Hands Over Seat To Peter Obi [Video]

Published

4 years ago

October 14, 2022

Editor

Former President Olusegun Obasanjo gave his seat to the Labour Party (LP) presidential candidate, Peter Obi at a function in Abuja this week.

Social media users are ascribing political annotations to a video of the scene now trending.

Obasanjo, Obi and other dignitaries were at the Transcorp Hilton in Abuja for a gathering organized by Fidelity Bank.

The event celebrated the national honour given to Professor Benedict Oramah by President Muhammadu Buhari.

Oramah is the President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank).

In a Twitter post, @OluwaseunP, the master of ceremonies, narrated how Obi walked in while Obasanjo was making his speech.

The 2023 LP flagbearer took a seat at the back of the hall after refusing to take one of those reserved for VIPs.

“OBJ noticed & told them, “leave him alone o”. He then went himself to bring Obi to the front & gave him his own seat. Then said, “my job is done”, the tweet added.

The video has gone viral on Twitter and Facebook, with some describing Obasanjo’s action as “symbolic” and “an endorsement”.

DAILY POST gathered that some former Nigerian leaders were tactically supporting the former Anambra governor.

Obasanjo, in particular, is believed to be rallying other former Heads of State, influential retired Generals and powerful Northerners, including monarchs, for Obi.

There are speculations that the jet Obi has been using in recent times was offered by shipping and oil magnate, T. Y. Danjuma.

The 83-year-old former Chief of Army Staff served as the first Minister of Defence under the Obasanjo administration.

Akin Osuntokun, a former political adviser to Obasanjo, recently disclosed that his ex-principal may be supporting Obi to become President in 2023.

Video:

1. A screenshot of this video from my IG stories is going viral. Here's the clearer video/the full gist.
I had the honour of MCing this event organised by @fidelitybankplc to celebrate the national honour/award given to Prof Benedict Oramah, President of @afreximbank.#PeterObi pic.twitter.com/qCZKMKRsVM
— Oluwaseun P. (@OluwaseunP) October 14, 2022
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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 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.

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.