Ex-Senate President Pius Ayim dumps PDP for APC 

Former Senate President, Anyim Pius Anyim, on Saturday formally joined the ruling All Progressive Congress(APC), dumping the Peoples Democratic Party (PDP).

He announced this at the Pa Oruta Ngele Township Abakaliki during the Grand Finale of the APC local government election Campaign.

Ayim led a host of other notable personalities across other political parties including former state and National Assembly members, former governorship candidate of Labour Party, Edwin Nkwegu, Senator Obinna Ọgba, former national and state assembly candidates, with hundreds of their supporters to join the party.

The new members were received by APC National Chairman, Dr Abdullahi Ganduje, Chairman of Progressive Governors Forum, Governor Hope Uzodinma of Imo State, Governor Francis Nwifuru of Ebonyi State and Minister of Works, David Umahi, state chairman of the party, Stanley Meghan, and other leaders of the party.

Speaking at the event, the Minister of Works, David Umahi, praised Anyim for all the support he gave to the APC during the 2023 elections.

He also thanked President Bola Tinubu for all the support given to him when he faced legal battles after joining the party.

He said, “President Tinubu called me to come and see him and when I came he carried me in his car personally to meet a Senior Advocate of Nigeria who handled our case.”

Minister Umahi noted that he faced serious attacks and conditions for deciding to join the APC but was grateful that today the party had become the beautiful bride of all in the state and southeast.

SEC okays RT Briscoe’s N10bn fund raising plans

RT Briscoe Nigeria Plc has secured approval of the Securities and Exchange Commission to raise N10bn through a newly introduced savings and investments scheme.

Group Managing Director/Chief Executive Officer of RT Briscoe Nigeria, Mr Seyi Onajide, disclosed this in Lagos during an interactive session with journalists.

He also spoke on the company’s commencing the conversion of petrol/diesel vehicles to run on compressed natural gas.

Onajide in a statement said the savings and investment scheme would allow the rich, semi-rich, and the poor to participate in the N10bn fund raising.

The scheme is open to both existing RT Briscoe’s 43,000 share holders and non-share holders.

Onajide said the investment would go to a trustee, already set up by SEC, who would keep the invested sum with interest until the trustee calls a meeting of all subscribers to decide if their money should be converted to Briscoe shares or not.

“The savings and investment initiative gives opportunities to all interested parties to grow funds either to buy Briscoe shares or not. There will be additional benefits for those who end up choosing to buy Briscoe shares,” he said.

He said RT Briscoe remained committed to meeting its debt repayment obligations to banks coming with interest and charges, but promised that the debt would be resolved before converting the savings into shares.

Rear Admiral Madueke wants court to stop ex-wife Diezani from using his name

Rear Admiral Alison Amaechina Madueke has petitioned a Lagos High Court to issue an injunction preventing his ex-wife, Diezani Alison-Madueke, from using his first name (Alison) and surname (Madueke) following their divorce.