General News
Fresh Crisis in APC over Key Posts in Senate
The sharing of principal offices in the Senate appears to be creating a fresh crisis in the ruling All Progressives Congress (APC). According to the Punch, the principal offices are the Senate Leader; the Deputy Senate Leader; the Chief Whip and the Deputy Chief Whip.
While Bukola Saraki, President of the Senate, is believed to have recommended to the APC National Working Committee that the positions be allocated to the zones, some leaders of the party, especially those from the South-West, want them filled by the party’s hierarchy.
A senator made this known to one of Punch correspondents in Abuja on Thursday just as the APC NWC meeting on Thursday failed to agree on the modalities for brokering peace among aggrieved members of the party.
The senator warned that if the issue was not quickly resolved, the Senate and the APC might “face another round of crisis bigger than that that resulted from Saraki’s emergence as Senate president.”
He added, “The Senate President, had after wide consultations, suggested how the officers to occupy these posts could be appointed. He suggested the allocation of the four principal offices to some of the geopolitical zones.
“But some leaders, who are still angry with his (Saraki) emergence, turned down his suggestion. Some of the influential leaders from the South-West are insisting that the party should fill the offices. This is in spite of the fact that the chairman of our party (John Odigie-Oyegun) and other members of the NWC are in support of allocating the principal offices to zones. “The South-West leaders are even saying that allowing the party leadership to fill the offices, remained the only way to allow peace to reign in the Senate.”
A Senator from the North-Central , who is loyal to Saraki, confirmed the development on condition of anonymity .
He said that it was true that some APC leaders were insisting that the party should nominate the senators who would occupy the four principal offices .
He said, “By the Senate tradition, the party in majority normally sends the offices to the zones where the Senate caucuses would meet and choose among themselves in the zone, who occupies the offices.
“Some other leaders of the party are claiming that asking the party to produce the principal officers was a smart way to impose the Senate Leader, the Deputy Senate Leader, the Chief Whip and the Deputy Chief Whip on the Senate.”
The senator claimed that a “very influential “ leader of the party from the South-West had allegedly written Odigie- Oyegun that the leaders would fill the positions. “
He said, “Some of us were just called by some members of the NWC intimating us of details of a letter forwarded to the body that it should just fill the remaining four leadership positions in the Senate.
“In fact, the letter from the South-West leader is that the party must take charge and name its preferred candidates for the four offices.” It was further learnt that some senators had already met with some NWC members asking them to ignore the letter.
They were said to have insisted that the tradition remained that the zonal caucuses which did not produce the Senate President and his deputy should meet and nominate among themselves.
They added that it was when there were two or more nominations that, an election could hold and that whoever scored the highest votes would be the candidate.
Efforts to get the spokesperson for the pro – Saraki group, Dino Melaye, failed because his mobile phone was switched off. Spokesperson for the Senate Unity Forum, a group of senators loyal to Lawan, Kabir Marafa, argued that the choice of other principal officers who are not elected on the floor of the Senate, remained the sole business of the party leadership.
He said, “How can the executive of the party at the zonal levels determine who will be made the Senate Leader, the Deputy Senate Leader, the Chief Whip and the Deputy Chief Whip?
“It is the party executive that would determine all these. So the party would write the Senate President. That is the tradition. It cannot be done at the zonal level, it is absurd. There should be due process in whatever things we do.”
But when contacted, Lai Mohammed, National Publicity Secretary of the party, simply said, “No comment.”
Meanwhile, the leaders of the party will meet again on Friday following their failure to reach an agreement on how to end the crisis that arose due to the National Assembly leadership elections .
The meeting, which was held behind closed doors at the party’s national secretariat in Abuja started at about 5.20pm. It lasted for a little over an hour.
Details of the meeting were not made public as of 8pm on Thursday when this story was filed.
When approached for comments , Odigie-Oyegun, said, “We will meet again tomorrow to continue.” It was however learnt that the party leaders had been unable to get supporters of the Senate President and the APC’s preferred candidate for the Senate Presidency , Ahmed Lawan, to meet face-to-face.
One of our correspondents, who visited the APC secretariat observed that the posters and banners of a former Lagos State Governor, Asiwaju Ahmed Tinubu, had disappeared from the secretariat.
His banners were hitherto pasted side by side those of President Muhammadu Buhari and Vice-President Yemi Osinbajo.
Most of the banners were put up by individuals and groups supporting the APC. It is not clear what led to the disappearance of the posters and banners. – Punch.
Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.
The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.
Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that can better serve Nigeria’s underserved and unbanked populations.
Speaking during a panel session titled “Social Inclusion, A Veritable Tool for Financial Inclusion,” Chika Nwosu joined other industry leaders to share insights on strengthening participation among women, rural dwellers, low-income earners, and other financially excluded groups.
Chika Nwosu highlighted PalmPay’s commitment to inclusive finance through its 500,000-strong agent network, which enables seamless cash-in/cash-out services for unbanked users across Nigeria. He also emphasised the importance of PalmPay’s USSD platform, 861#, which allows users with basic phones or limited internet access to perform essential financial transactions.
“Financial inclusion goes beyond access; it must be equitable and tailored to real-life needs,” Chika Nwosu said. He shared how PalmPay leverages behavioural insights to design impactful services, including affordable health insurance, reliable bill payments, merchant solutions, and automated savings features that support financial discipline among users.
The session further examined the role of grassroots agents and community touchpoints in driving last-mile adoption. Chika Nwosu noted that PalmPay’s widespread community presence continues to build trust and encourage excluded populations to embrace digital financial tools.
The session was moderated by Ronke Kuye of the CeBIH Advisory Council and featured representatives from E-Doc Online, SmartCash Payment Service Bank, SANEF, and EFINA.
PalmPay reaffirmed its commitment to driving accessible, secure, and inclusive financial services for all Nigerians. PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
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