News

Obaseki’s Endorsement: Fringe Party Doing So In Exchange For Cash – APC

Published

6 years ago

July 17, 2020

Editor

The State Media Campaign Council of the All Progressives Congress(APC), for the Edo Governorship election, has accused a group of political parties of staging a press conference at a hotel in Benin City on Friday to endorse the incumbent Governor, Godwin Obaseki of the PDP after alleged payments of N65 million reward.

Some parties under the umbrella of Coalition of Political Parties (CPP) in Edo state, had in a statement said they have endorsed and threw their weight behind the re-election of Governor Godwin Obaseki, and his deputy, Philip Shaibu.

However, in a reaction to the said endorsement, Mr. John Mayaki, the Chairman, Campaign Council of the APC said, the ‘motley of parties’ have sold out their platform and done irrevocable damage to their potential for growth in the state by agreeing to offer their support to a widely rejected Governor.

He in a statement made available to newsmen said, “A motley of some fringe political parties gathered at Bibi Motel in Benin City today being Friday where they staged a press conference announcing their endorsement of the outgoing Governor Godwin Obaseki.

“These parties, which ordinarily ought to present themselves to the people of Edo State as viable alternatives to build the necessary followership required for future relevance, have decided to instead cash in on the greed of their leaders and offer their platforms in exchange for an initial down payment of five million naira each, and an additional promise of 65 million naira to support a governor widely rejected in his state for his non-performance.

“With this act of betrayal and greed, it is safe to say that these parties have successfully and irrevocably done damage to their integrity and placed a final barrier to any potential for growth and relevance in Edo State.

“It is shameful, and unfortunate, how these persons negotiate with platforms that should contest with the major parties and force through policy changes if at all they cannot, by themselves, form the government in the interim.

“They make no attempt to increase their followership, present logical ideas to the people, or even make the most basic preparations for elections, whether statewide or grassroots. Rather, their entire existence is to negotiate and declare support for the highest bidder.

“Luckily for them, they have found a good client in the desperate and rejected Godwin Obaseki. As we have repeatedly said, Pastor Osagie Ize-Iyamu is not in the business of paying for support. This is why he has focused on selling his manifesto to the people through an issue-based campaign devoid of name-calling and propaganda. The support he enjoys now from the millions of people in the state, advocacy groups, political parties, and the many others that will endorse him in the immediate future is organic and based solely on their conviction.

“Obaseki can enjoy the few headlines and news mentions that these procured endorsements will fetch him but he must never lose sight of the fact that, in the final analysis, they are irrelevant and incapable of changing the minds of the majority of Edo people who will be voting the All Progressives Congress on the 19th of September.”

News

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

Published

14 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

2 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.

News

Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Published

20 hours ago

May 5, 2026

Editor

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.