News

Ogun Govt, PDP Trade Blame Over Sagamu Violence

Published

3 years ago

February 20, 2023

Editor

The Ogun State Government and the Peoples Democratic Party in Remo Federal Constituency have traded blame over the violence that erupted in Sagamu in the wake of the new naira scarcity protests.

The state government in a statement described the violent protests as politically motivated, accusing the opposition PDP of masterminding the violence.

The Chief Press Secretary to the Governor, Kunle Somorin, in the statement issued on Monday, said some PDP members were meeting leading to the breakdown of law and order.

Somorin said the PDP orchestrated the violent protest due to the success recorded by the All Progressives Congress during Sunday’s campaign rally.

The statement read, “Early this morning, a politically motivated violent protest took place in Sagamu, during which innocent people were attacked while banks and public infrastructure were destroyed and razed down by fire .

“We were reliably informed that some disgruntled members of the opposition party, the Peoples Democratic Party, and some of the party’s candidates were seen leading the demonstration.

“While the protests were purportedly against the “scarcity of naira notes”, the real intention of these elements became obvious with the involvement of known PDP members.

“We believe strongly that it was the success of the APC rally of yesterday (Sunday) that got the feeble opposition PDP frustrated and therefore made their members embark on the mindless destruction of properties.”

However, while calling for calm, the statement said the governor, Dapo Abiodun, would not leave any stone unturned in addressing the effects of the naira scarcity.

He said that attacks on innocent people and the destruction of private and public properties would not solve the current problem but rather worsen the situation.

He added, “Therefore, we must not allow desperate politicians to mislead members of the public and use them as cannons to vent frustration.

“Rather, our people should exercise patience and be law abiding while waiting to cast their votes for the party that has stood by the populace even at this critical period.

“Arrests have been made by the police, who immediately swung into investigation.

“Ogun State has been acknowledged as one of the most peaceful states in Nigeria; and the government shall not fold its hands and allow the state to be defined by thuggery, violence, and arson.

“The full wrath of the law will be borne by the culprits, no matter who their sponsors are.”

But, the PDP House of Representatives candidate for Remo Federal Constituency, Bola Oluwole, faulted the claim, saying the APC was afraid of the popularity of the PDP.

Oluwole, in the statement titled, “Allegation of Masterminding Sagamu Protest is to Smear My Image – Hon Bola Oluwole”, says neither he nor his party instigated the violence.

He advised the APC-led government to address the situation rather than shift the blame to innocent Nigerians.

He said, “My attention has been drawn to a broadcast message circulating around that I am the mastermind of the violent protest in Sagamu Remo.

“This action is the handiwork of the opposition in the ruling party, APC, who were hellbent to destroy and smear my image.

“They are afraid of my growing popularity as we approach the elections on Saturday.

“I want to say it in strong terms that I am not in any way connected to the protest, Nigerians are only angered by the economic hardships in the country and their inability to access their hard-earned money and the fuel scarcity.

“I am a peace-loving person, a grassroots politician who has the love of his people at heart, I will never get myself involved in things that will destroy the peace and tranquillity of my constituency.

“As of yesterday evening, our presidential candidate, Alhaji Atiku Abubakar, met with all National Assembly candidates to strategise for the election, so where would I have the chance to mobilise for the violent protest?”

He stated that he was condemning the attacks on the banks in its entirety and appealed to the youths to be patient and shun violent activities.

“I want to urge the general public and the people of my constituency to disregard the message and go about their daily activities in peace.”

News

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

Published

12 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.