Politics
Pandora Papers: Peter Obi explains how he made money

Former Anambra State Governor Peter Obi on Monday spoke on how he made money following findings from Pandora Papers that he secretly set up and operated businesses overseas trying to escape paying taxes.
Obi, who was a vice presidential candidate of the Peoples Democratic Party in the 2019 election, spoke during an interview on Arise TV.
He said he ran a number of thriving firms including a market management company and was the sole importer of Heinz salad cream.
He said, “I was the sole engineer of South African Breweries. I was also bringing in Ovaltine. The company I was with before I left it for my brother who took over and paid me off. That company became the Next Cash and Carry which you see in Port Harcourt and Abuja.”
Obi also said that he used to import wine back in the days, adding that “everyone knew I was a very big trader.”
He said, “I had a very good business but went into banking. I was sitting in the board of three banks and was the chairman of one before I became a governor.”
Obi revealed that he had major shares in the banks where he was a board member.
He pointed out that joining politics made him poorer although he said he had no regrets with the decision.
Politics
2027: Atiku remains the best to face Tinubu, says Dele Momodu

2027: Atiku remains the best to face Tinubu, says Dele Momodu
A chieftain of the Peoples Democratic Party (PDP), Dele Momodu, has declared that former Vice President Atiku Abubakar remains the best opposition candidate to challenge President Bola Tinubu in the 2027 general election.
Momodu said Atiku stands out in terms of political experience, national reach, and support base.
His words: “You have to be realistic. It’s a game of numbers, and it’s also a game of your network.
“There’s no one in Nigeria today as experienced, as exposed, as networked as Atiku Abubakar from 1993 when he stepped down for Chief MKO Abiola in Jos.”
He said the opposition needs a candidate who can mobilise votes across both northern and southern Nigeria, adding that only Atiku fits the profile.
“For anybody to face a Tinubu, that person has to come from the opposite direction. Which means it must be someone who can get the North to coalesce behind him.
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“So, I pray that the coalition will be able to achieve that. I don’t know if they will, but I’m sure they are working on that. Then it must be someone who has a substantial network in the South. There is no other person I can see who has that kind of network behind him,” he stated.
Citing the example of Donald Trump’s continued relevance in American politics, Momodu said political necessity often trumps past performance.
“Why do you think the Republicans in America will risk a Donald Trump, a man who already lost the election, who already got indicted on many felonies? It is because they need him,” he said.
Speaking on Nigeria’s informal power rotation arrangement, the PDP chieftain said leadership should be about performance, not geography.
“Democracy as practised in Nigeria is done every four years because it is an examination. You pass, or you fail.
“The only qualification cannot be about where you come from. The only qualification we’re seeing now is that it should be a southerner,” he concluded.
2027: Atiku remains the best to face Tinubu, says Dele Momodu
Politics
Delta Governor Oborevwori dumps PDP for APC

Delta Governor Oborevwori dumps PDP for APC
Governor of Delta State, Sheriff Oborevwori, has announced his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
The announcement came after a high-level closed-door meeting held at the Government House in Asaba on Tuesday evening.
The governor’s defection is coming just after a viral video stirred speculation about his political future. In the footage, which sparked online debates, Oborevwori was seen in close company with known APC stakeholders. At the time, his media aide dismissed the clip as “old and misleading.”
Newstrends learnt senior APC figures were present to welcome the governor into their fold, signaling a significant political realignment in the South-South state.
The governor’s Chief Press Secretary, Sir Festus Ahon, said Oborevwori’s decision was based on “wide consultations with political stakeholders and in the interest of Delta’s long-term development.”
“This move was not made lightly,” Ahon emphasized. “The governor is deeply committed to the prosperity of Delta State and believes that working with the APC at the federal level will help accelerate growth and deliver better dividends of democracy to the people.”
Governor Oborevwori was elected under the PDP platform in the 2023 gubernatorial election, defeating his opponents to secure the governorship seat. His defection to the APC, however, is already being interpreted by political analysts as a calculated strategy with an eye on the 2027 general elections
Politics
No candidate can win presidential election without the North – Hakeem Baba-Ahmed

No candidate can win presidential election without the North – Hakeem Baba-Ahmed
Former Special Adviser on Political Matters to President Bola Tinubu, Dr. Hakeem Baba-Ahmed, has declared that no politician can win the Nigerian presidency in 2027 without the support of the northern region.
Speaking in a video interview in Kaduna, Baba-Ahmed, who appeared alongside Professor Usman Yusuf, former Executive Secretary of the National Health Insurance Scheme (NHIS), emphasized that the North would soon define its political direction.
“In the next six months, the North will decide where it stands. If the rest of the country wants to join us, fine. If not, we will go our own way. One thing is clear: nobody can become president of Nigeria without northern support,” he asserted.
He lamented the state of the nation and urged northerners to resist divisive and deceptive politicians ahead of the next general elections.
“We want a government that understands our problems and can address them. After Buhari’s eight years, we became wiser. Now, we are in another government, and we are still crying. Is crying all we know how to do?” Baba-Ahmed asked.
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Reflecting on past experiences, he said the North had suffered greatly during the Boko Haram insurgency, which affected all groups Muslims, Christians, Fulani, Baju, and others highlighting the need for unity.
“Before Buhari became president, Boko Haram was bombing mosques, churches, Abuja, and Lagos. That was a time northerners had to unite. Today, no politician can just show up and expect northerners to fall in line. Who are you?” he questioned.
He warned against further marginalization of the North, noting that continued disregard for the region would have consequences.
“If they plan to rig the election, they should be careful. It won’t be good for Nigeria. The North is watching. Elders, masses, and interest groups will soon say ‘enough is enough.’ The injustice and sidelining must stop,” he said.
Baba-Ahmed also urged the region to look beyond identity politics, stressing that competence and integrity should guide voter decisions.
“We are tired of being deceived into voting based on religion or ethnicity. That era is over. We just want a right leader let him falls from heaven, we just want someone who will solve our problems,” he said.
He concluded by asserting that the northern electorate had learned hard lessons from past choices and would approach 2027 with a new mindset.
No candidate can win presidential election without the North – Hakeem Baba-Ahmed
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