The Minister of the Federal Capital Territory, Nyesom Wike, during a media parley on Monday, criticized former Rivers State Governor Rotimi Amaechi, stating that Amaechi is “hungry for power, not food.”

Wike’s comments came in response to Amaechi’s recent remarks at his 60th birthday celebration, where he claimed to be “hungry” and suggested that the opposition could remove President Bola Tinubu in the 2027 presidential election.

Wike dismissed Amaechi’s statements as “politically motivated” and an “insult” to Nigerians.

Meanwhile, the APC has strongly criticized former Minister of Transportation Rotimi Amaechi, former Vice President Atiku Abubakar, and former Kaduna State Governor Nasir El-Rufai, accusing them of being displaced rent-seekers driven by a desperate desire for power rather than genuine concern for Nigerians.

Felix Morka stated that the trio has held various high political offices for a combined 24 years and failed to address poverty or structural economic challenges during their time in power.

The BUA Group, founded by billionaire businessman Abdul Samad Rabiu has addressed accusations made by Hadiza Bala Usman, the former Managing Director of the Nigerian Ports Authority and current Special Adviser to President Bola Tinubu.

Hadiza Bala Usman had accused Abdul Samad Rabiu of distorting facts during an interview titled: “Two Years of President Tinubu: A Business Perspective,” which highlighted Nigeria’s reform trajectory and referenced past arbitrary disruptions to business operations.

During the interview, Rabiu stated that the Nigerian Ports Authority abruptly revoked his company’s concession under BUA Foods, operating at Rivers Ports, without notice, implying political motivation to favor a competitor.

He said, “One day, they woke up to a letter stating that the concession had been revoked without prior warning.”

In response to Hadiza Bala Usman’s counterclaims, the BUA Group issued a statement maintaining that Usman acted unilaterally and ignored the concession agreement’s arbitration clause.

The BUA Group also claimed they had been engaging with the NPA about infrastructure issues before Hadiza Bala Usman’s appointment as Managing Director and that she used their letter regarding safety concerns as a pretext to terminate the agreement and shut down the terminal without warning or consultation.

BUA also stated that after the initial shutdown, they were briefly allowed to resume operations, only to be shut down again by Usman’s instruction, leading to over $10 million in estimated losses.

They challenged Usman to cite the specific clause that authorized her actions.

President Bola Ahmed Tinubu has congratulated Bayo Ojulari, the Group CEO of NNPC, on the occasion of his 60th birthday, praising his leadership and contributions to the oil and gas industry.

Bayo Ojulari, a seasoned engineer, was born in Ilorin, Kwara State, in 1965.

His appointment as GCEO of NNPCL marks a significant milestone in his career, positioning him to drive reforms and enhance operational efficiency within Nigeria’s state oil company.

Nigeria’s former First Lady, Dame Patience Jonathan, has added a new feather to her cap — a doctorate degree in Psychology, Guidance, and Counselling.

Patience Jonathan received the honorary degree from “Ignatius Ajuru University of Education” in Port Harcourt during its 43rd Convocation Ceremony over the weekend.

A viral video from the event captured the former First Lady in high spirits, dancing among the women as they sang her praises.

The Chairman of Heirs Holdings and United Bank for Africa, Tony Elumelu, who has achieved yet another feat with the recent launch of United Capital’s West African headquarters in Abidjan, Côte d’Ivoire!

Last week, Tony Elumelu visited the President of Côte d’Ivoire, Alassane Ouattara, as part of his engagements in the country and the launch of United Capital’s West African headquarters in Abidjan.

Elumelu commended the President for creating an enabling environment for investors in the country, citing the success of UBA Group, which operates 20 branches and serves 1.2 million customers in Côte d’Ivoire.

Fitch Ratings upgraded Fidelity Bank’s National Long-Term Rating to ‘A+(nga)’ in recognition of the bank’s strengthened capital buffers and improved profitability.

The bank’s CEO, Nneka Onyeali-Ikpe, emphasized that the upgrade validates the resilience of their business model, strong risk management practices, and commitment to delivering sustainable value, despite a challenging macroeconomic environment.

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