News

Peter Obi Storms Benin, Says Nothing Wrong With Nigeria But…

Published

3 years ago

November 2, 2023

Editor

Barely seven days after the Supreme Court dismissed the petition of Peter Obi, the presidential candidate of the Labour Party, LP, against President Bola Tinubu, Obi stormed Benin City on Thursday, saying Nigeria is blessed with resources and human but bad leadership drawing the country back

Obi asserted that the present state the country found itself, which according to him is very pitiable, is as a result of bad leadership.

The presidential candidate of LP who was a Special Guest of Honour at an event titled Edo Policy Round Table and Colloquium & Hall of Fame Award in honour of Julius Abure, National Chairman of the LP, stated that the reason why Nigeria is still in its present state is because of lack of planning by leaders.

The Edo Policy Round Table and Colloquium & Hall of Fame Award held at Bishop Kelly Pastoral Centre, Benin City, was in collaboration with Mudiame University, Irrua, Edo State.

Speaking further, Obi said Nigeria has no reason to be a poor country but lack of planning by leaders cum Implementation is what is affecting the country.

He said: “The reason why the country is failing today is lack of planning, and when you talk about lack of planning, you are talking about lack of implementation. We politicians, when we are campaigning, everything is sweet and good, but once we have the opportunity, we would bring out our true side and start doing the opposite.

“All I can tell any body is, there is nothing wrong with Nigeria; Nigeria has one of the best in terms of land, weather, God given resources and the people. One thing God has not given Nigeria is good leadership, if we have good leaders we would do better.

“A country like Nigeria has no reason to be poor if not because of leadership. If you compare Nigeria with the three biggest economy in Europe – Germany, Britain and France. If you compare these three countries with Nigeria in land size, they are just about 20 percent bigger than Nigeria .”

“We have leadership that involved in waste and consumptions but no production. So, whenever you are talking of pulling the people out of poverty and creating jobs for the people , it is simple, just remove the economy from consumption to production, you create job.”

Chief Host of the event and founder, Mudiame University, Irrua, Professor S.E Eromesele, said
Nigerian are living the country because of poor policy, hence the need to discuss policy implementation cannot be overemphasized.

He lamented that Edo State is presently crippled, hence it needs to rise.

“It is time to rise against bad governance; move against poverty,” he added.

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

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.

News

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.