News
Akpabio removed me from senate, planning same for Orji Kalu, others that opposed his presidency bid
Elisha Abbo, a senator, has alleged that his sack by election tribunal and court of appeal was plotted by Senate President, Godswill Akpabio because he did not support him when he was bidding for the office.
He therefore said it was just power game as he was the winner of the election that was overturned by the courts.
Abba made the allegation in Abuja Monday, shortly after the court of appeal nullified his election, adding that four other senators have been penciled for removal over their non-support of Godswill Akpabio’s senate presidency bid.i
During the press conference, Abbo, who represented Adamawa North, listed Orji Uzor Kalu as one of the five senators set to be butted out of the red chambers for not supporting Akpabio’s bid.
He said” “At my level, I can’t afford to be flippant and I don’t speculate. At my level, I cannot speculate. What I am telling you is authentic.”
“A very highly placed Nigerian citizen told me that five of us were slated for removal. I would be going and Orji Uzor Kalu would follow me and we would all go. That is a fact.”
While describing the judgment sacking him as a coup on democracy, he called on his supporters despite the ruling.
“So, it is not about who wins or not. No,” he added. “This is a coup on democracy.”
Senator Abbo maintained that despite the court declaring the Peoples Democratic Party (PDP) Amos Yohanna as the winner of the February election, he won the exercise.
According to him, he defeated the PDP candidate with a margin of 11,000 votes.
But Akpabio has said he has no hand in his sack.
News
FCT Minister sacks Revenue Service boss
Myesom Wike, the Minister of the Federal Capital Territory, FCT, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mr Michael Ango, of his duties.
The announcement was contained in a statement late Friday by the minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.
The statement added that the decision takes immediate effect.
Olayinka said the minister directed the most senior official of the FCT-IRS to immediately assume leadership of the agency
“The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Mr Michael Ango,” he stated.
He added that “the most senior official of the FCT-IRS has been directed to take over the running of the revenue agency with immediate effect.”
The statement did not provide reasons for the removal.
News
Speaker, 14 other River State assembly members decamp to APC
15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.
Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.
“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.
Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.
All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.
News
CBN rolls out new directives to track financial fraud
The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.
Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.
The action comes in the wake of a dramatic increase in banking sector fraud.
According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.
The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.
Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.
The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.
It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.
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