News
Presidential election tribunal to rule on Tinubu’s qualification soon
Expectations are high that the Presidential Election Petition Tribunal (PEPT) may deliver its judgments on the petition filed by Peter Obi of the Labour Party and Abubakar Atiku of the Peoples Democratic Party (PDP) against Bola Tinubu of the All Progressives Congress (APC) this month.
The petitioners alleged that there were widespread irregularities and malpractices in the election, which they said affected the outcome of the vote.
After months of court sitting, the tribunal is expected to issue its judgment on Wednesday, September 6, 2023.
The Tribunal in May had merged the petitions submitted by the Allied Peoples Movement (APM), Atiku Abubakar of the Peoples Democratic Party and Peter Obi of the Labour Party.
It also reserved judgment on the petitions. While Tinubu’s lawyer prayed for a successful outcome, Atiku’s legal team admonished the tribunal to “shun executive intimidation and dispense judgment on the matter.’’
A member of the President’s legal team, Yusuf Ali, SAN, said he was hopeful of victory.
He said, “We pray for success at the end of the day. Cases are conducted in the court and not in the media, either social or mass media. The court listens to facts and applies the law.”
The Director of Publicity for the APC, Bala Ibrahim, denied that the ruling party was under any form of pressure and expressed confidence that justice would be served.
He said, “Which pressure? The ruling party has already delivered, unlike the Labour Party which is still groaning in labour. The pressure is on them. Obviously, anyone that is in labour is likely to be under pressure.’’
But a member of Atiku’s legal team, Mike Ozekhome, SAN, urged the tribunal to dispense justice on the matter.
He said Nigerians and the international community were watching them.
Ozekhome said, “Not for judgment date yet. I expect justice to be done. I expect the tribunal to shun blaring sirens of power or executive intimidation to do justice. I expect the tribunal to know that Nigerians, the international community, and indeed the whole world are watching.”
Weighing in, the PDP expressed confidence in the ability of the tribunal justices to dispense justice.
On the party’s expectations from the tribunal, the Deputy National Publicity Secretary of the PDP, Ibrahim Abdullahi, simply said “Success,” without making further comments.
But a loyalist of Atiku and Deputy National Youth Leader of the PDP, Timothy Osadolor, argued that given the weight of evidence before the tribunal, the party and the former vice president had every reason to hope that justice would prevail.
Similarly, the National Legal Adviser of the Labour Party, Kehinde Edun, submitted that the party was hopeful about the outcome of the judgment.
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.
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.
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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