News

Oshiomhole Faults APC Membership Revalidation Exercise, Says No Constitution Mandate Such

Published

5 years ago

February 9, 2021

Editor

The immediate past national chairman of the All Progressive Congress (APC), Comrade Adams Oshiomhole, has said that the revalidation of the membership of the party called by the party’s Interim Caretaker Committee is contrary to the party’s constitution.

Oshiomhole said this while fielding questions from journalists shortly after revalidating his membership of the party at Unit 1, ward 10, Iyamho, Etsako West Local Government Area of Edo State.

“APC is govern by constitution and not by man, the constitution only provides for registration and I registered as a member of the APC in 2014 under the Interim national chairman of Chief Bisi Akande.

“There is nowhere in the APC constitution that says a member shall revalidate or renew its membership. Once you registered when you joined the party and you have not decamped, you are a member . So revalidation is strange to our constitution.

He said, “I have only done this because I want peace to reign but in doing this, we have to be careful not to create constitutional breach.

Oshiomhole, however ,notedt that between 2015 and now people have exited from the party and others have joined party while some have died, adding that it make sense to review the register so that those who have decamped to APC will be registered while those who have left would be deleted.

” If you ask me as a foundation member who has never decamped to revalidate his membership, it is double registration because there is nothing like revalidation in our constitution.

” By asking me to revalidate my membership means I was not a member when I have never leave the party, so I think the correct language should be either reviewing or updating, because it make sense to review voters register due to the new members that have joined or those that have exited.”

He said the party has been updating its register from time to time, noting that most of the governors under the party today became members following voters register update, hence they were able to contest the governorship election under the party.

“So what this means now is that I have come here to do another registration but I insist that my registration never expired within the provision of the APC constitution.

He said, “As for me, I think we should just move on, I am happy I just did it but I don’t need it because my membership has not expired and it can only expired when I decamped, and if I am returning then I can revalidate.

“History didn’t just begins today, if we don’t have a valid register, how did we conducted the congress in 2015 in which 16 million registered APC members voted to nominate president Muhammadu Buhari before the general election.

He said at one of the party National Executive Council meeting in Abuja when he was the national chairman, he had the honour of presenting membership card to President Buhari.

“I am a founding governor of APC, I am not a creation of APC, some of those who are rowdy here and there now came to join APC, but we formed the APC,” he said.

News

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.

News

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

Published

2 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

4 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.