The National Chairman of All Progressives Congress (APC) Dr Abdullahi Ganduje, has again expressed confidence that the ruling party in the state will win the November 16th governorship election in Ondo State with a wide margin.

Speaking during the inauguration of the National Campaign Council of the party in Akure, Ondo State capital, on Monday, Ganduje declared that the party will win the forthcoming governorship election in a free and fair contest.

Inaugurating the Governor Babajide Sanwo-Olu-led 305-member council, Ganduje urged them to swing into action and build a strong synergy with the state and local campaign council.

While noting that the members must maintain the state for APC through democratic process, the APC Chairman said President Bola Tinubu hails from the zone, hence the need to show him their respect by winning the forthcoming poll.

According to him, “We are here to create an enabling environment so that the election will be free and fair. And the election will be victorious for our party. We appreciate the reform the state governor has introduced. We must support him so that he will continue to provide good governance for the state. He is a lucky man, and he will continue to be lucky.”

In his acceptance speech, the Chairman, APC National Campaign Council for Ondo State governorship election and Lagos State governor, assured the party leadership that the committee would win the forthcoming governorship election with nothing less than 80 percent of the total votes.

Sanwolu who noted that the party had given him the same assignment in the state twice, pledging that the committee members will do everything within their means constitutionally, and professionally to defeat other political parties in the poll.

He said, “The campaign will be issue-based and devoid of insult. We can boldly come out for Governor Aiyedatiwa because he has made us proud within his short period as a governor of the state. We will not disappoint the party and the people of the state. We will win with nothing less than 80 percent of the total votes.”

Earlier, the Ondo State governor and the candidate of the party, Hon. Lucky Aiyedatiwa, said within the last 10 months in office, he has focused on infrastructural development, public utilities renewal, boosting agricultural production, entrepreneurship and youth development, job creation and security.

“We have focused on strengthening governance institutions through fiscal discipline, improved healthcare, access to quality education, and responsible citizenship.

“We have shown commitment to social welfare to alleviate the sufferings of our people. We have deliberately created a stronger engagement with our women, too.

“We are concerned with leadership with integrity and character. We are not talking about our people; we are talking with them. Remarkably, within our 10 months in the saddle, we have activated the construction of not less than 70km of rural roads to provide access to our farm settlements and villages.

“This is in addition to the new 60km city-based roads recently awarded alongside the ongoing roads, bridges, and public building projects initiated and awarded by our administration. It is significant that our workers are happy and well-motivated as we pay their salaries regularly and promptly. We owe no kobo to workers, even as they enjoy their regular promotions.

“We have employed workers into critical sectors of the public service, such as health and Internal Revenue Service, while processes at an advanced stage to recruit about 2,000 teachers for public primary and secondary schools. We have supported not less than 500 youths with hundreds of millions of naira in grants and loans as part of start-up kits for their entrepreneurial businesses.

“We are supporting our farmers with access to quality funds and finance as well as technology and trade. We are also giving scholarships, bursaries, and financial assistance to students of Ondo State origin in higher institutions across Nigeria.”

Other chieftains of the party present at the inauguration include the Ogun State Governor, Prince Dapo Abiodun; his Ekiti State counterpart, Governor Biodun Oyebanji, former Deputy Senate President, Ovie Omo Agege; National secretary of APC, Sen. Ajibola Basiru, among others.

[Leadership]

Northern leaders converged on Kaduna State, on Monday, for a meeting to address the ongoing power blackout and other critical challenges affecting the region.

Real Madrid will not send Vinicius Junior or anyone to the Ballon d’Or event tonight.

The LaLiga giants “know” Vinicius will not be announced winner.

This was revealed by football transfer expert, Fabrizio Romano.

Romano wrote on his X account: “BREAKING: Vinicius Jr will NOT travel to Paris as Real Madrid know he will NOT win the Ballon d’Or.

“No one from Real Madrid will attend the ceremony.

“No Florentino Pérez, no Vini Jr, no Carlo Ancelotti, no Jude Bellingham.”

[DailyPost]

Erik ten Hag has left his role as Manchester United men’s first-team manager.

Erik was appointed in April 2022 and led the club to two domestic trophies, winning the Carabao Cup in 2023 and the FA Cup in 2024.

The Chief of Defence Staff, General Christopher Musa, has called on Nigerians to continue supporting the military’s efforts to tackle insecurity, warning those aiding criminals to desist or face consequences.

Musa, speaking to journalists shortly after attending a joint meeting of the Northern Governors’ Forum and the Northern Traditional Rulers Council in Kaduna on Monday, expressed gratitude for the increased support and intelligence gathering from Nigerians, which has enabled the military to take adequate action.

“I want to thank all Nigerians for the support, which has increased. We are getting information as to when due, and we are equally taking adequate action.

“Please, we should not get tired. We want to also call on those who keep supporting criminals wherever they are in this country to stop,” Musa said.

The CDS emphasised the need for collective responsibility in achieving peace, stressing that the friend of a thief is equally guilty.

“For the friend of a thief is a thief, and if you are caught, you will be dealt with just like them,” he warned.

Addressing the recent attack on Shiroro lines, General Musa acknowledged the challenges posed by difficult terrain.

“There’s nowhere anybody is in total control. Some of these areas are supposed to have clear views so that patrols can take place, but some of these areas are dark forests.”

However, he assured that actions were being taken to clear the forests and monitor critical areas.

“The forests will be cleared so that action and repairs can be taken, and then we will be monitoring, which is critical, so that we can do the needful.”

Musa commended the troops for their efforts, urging them to remain focused and disciplined, saying, “For our men, the commanders are appreciating them, Nigerians are appreciating them. We want them to remain focused and disciplined to understand that we are here to protect Nigerians and Nigeria.”

He also reiterated the importance of collaboration between the military and civilians.

“We will continue to call on Nigerians to continue to give us support and to also advise those who think they provide logistics, food, and other items to criminals to desist, as actions will be taken against anyone found.”

The military has intensified efforts to address these issues, with recent successes in operations across the country.

[Punch]

South African grocery retailer, Pick n Pay has disclosed that it will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market.

According to Reuters, the CEO, Pick n Pay, Sean Summers stated this Monday, that the move is part of its plans to restructure outside of its home market.

The company entered the Nigerian market less than five years ago through a partnership with A.G. Leventis (Nigeria).

It should be noted that the exit of Pick n Pay adds to a growing list of multinationals exiting Nigeria.

On June 24, another South African retailer, Shoprite, announced the closure of its Abuja store, after a thorough evaluation of the store’s financial situation and the current business climate.

The closure followed the earlier shutdown of Shoprite’s store in Kano in January 2024.

In December 2023, Jumia also announced the shutdown of its food delivery business, Jumia Food, in Nigeria.

According to Jumia, the decision was necessary after a thorough review revealed that the current market conditions and economic climate make the food delivery business unsustainable.

Also, several companies, including multinationals like GlaxoSmithKline (GSK) Consumer Nigeria Plc, Procter & Gamble, Sanofi, and Kimberly-Clark, have exited Nigeria, citing the challenging business environment in Nigeria.

According to Jumia, the decision was necessary after a thorough review revealed that the current market conditions and economic climate make the food delivery business unsustainable.

[Vanguard]

The Nigerian Consumer Credit Corporation (CrediCorp) has launched the credit access for light and mobility (CALM) fund to help Nigerians convert vehicles to compressed natural gas (CNG) and install solar home systems.

In a statement on Monday via X, Olusegun Dada, the special assistant to the president on social media, said the programme would reduce energy and transportation costs for Nigerians by over 70 percent.

“Applications are now open for CALM Fund (Credit Access for Light and Mobility), providing consumer credit to help Nigerians access CNG Conversions and Solar Home Systems through partner financial institutions,” Dada said.

“Cut your energy and transportation costs by more than 70%.”

On its website, CrediCorp said with the CNG conversions, “you can convert your existing petrol vehicle to ride on CNG (compressed natural gas), and save 60% to 80% of the weekly expenses you make on fuel”.

“Your savings over 4 – 6 months would pay off the costs of acquiring the CNG conversion; and then the savings continue for you forever!” CrediCorp said.

“Get access to solar panels, inverters and combined systems to drop your daily costs of power consumption by up to 90%.

“The savings over 3 – 6 months can pay for the solar systems, and then you enjoy the continued savings to yourself forever afterward!”

Interested individuals can apply via http://www.credicorp.ng/calm.

On October 7, the federal government launched a portal to provide youths with access to CNG-powered tricycles.

Michael Oluwagbemi, project director and chief executive officer of the presidential CNG initiative (P-CNGi), said the project would improve the economic situation for Nigerians by reducing reliance on petrol.

The federal government also introduced a scheme allowing users to convert their petrol vehicles to CNG and pay later.

On October 16, the Ministry of Finance Incorporated (MOFI), in collaboration with CrediCorp and other stakeholders, made N10 billion available to Nigerians for CNG conversion projects.

[TheCable]

It is Wednesday, November 8, 2028. Crispy cold weather blanketed most of the United States, from the hills of West Virginia to the valleys of Southern California. In Miami and Houston, it was like someone poured ice-cold water on the ever-bubbling sunshine cities. The wind was demure, rivers sedated, and even the birds chirped with all modesty.

Yesterday’s presidential election results were the first in over ten years that either party contested. At midnight, just as polls closed on the West Coast and the Associated Press made their projections, the winner called the loser and sent a congratulatory message. All TV cameras, podcasts, and radio stations focused on that moment as if the nation’s fate depended on it. In the quiet streets of Alabama, in the chilly streets of New York, exhausted men and women returning from their evening shift listened to the exchange of phone calls between the candidates. The collective exhale for a moment warmed up the surface of the Niagara Falls.

America paused. Conservative and liberal news anchors all breathed a sigh of relief as they reported, each in their own subtle manner, the words that spelled the end of the great American nightmare. Nothing said on any television screen showed whether the station was in a blue state or red state. No commentator cared whether the election result was a blue or red wave. They all saw the first signs of what they hoped would be the first days of America’s resurrection.

The surprise was when the guys at Fox News reported that today, “America picks up its pieces and will spend the next few years putting them all back together.” It came out unscripted with genuine sincerity. He did not look over his shoulders as he said it. It was the same at CNN. The front page of the New York Post had the same headline as the front page of the New York Times. It had never happened before. They all proclaimed a new beginning for America.

It is the same story for the world. Diplomats around the globe went back to the drawing board. Presidents, Prime Ministers, Kings, and Queens had their secretaries fall back to a long-forgotten template as they crafted statements congratulating the newly elected American president. There was no need to sweat – just mundane words of best wishes. These were things that were not possible the day before yesterday.

Not even the historian with the most extraordinary foresight had imagined the transformation in just four years. It was like looking at a landscape after a significant hurricane had passed. The devastation was unfathomable. Rivers of democracy dried up. In some places, they took a different path. Pillars of global order, which had served the world for the last 80 years, were uprooted and placed in other locations. The shifting balance of power went off its fulcrum and altered the equilibrium so swiftly that the following earthquake had aftershocks still rattling.

But it wasn’t just bad things that happened. Great things also happened. The little fights that people who had too much food to eat were indulging in years ago ended. Those demanding Sharia law in Europe teamed up with those demanding an end to gay marriage in America to finally get what they wanted. It was a conservative world where smiles replaced fears, optimism replaced pessimism, and the weak became right while the might became vanquished. In this new world, climate fears vanished, and illegal immigrants learned to stay in their countries to fix them.

The rich kept their profits and happily donated what they wished to the poor. Without government overreaching hands, lakes and rivers cleaned themselves as nature designed them to do. The inordinate mixing of the races came to an absolute stop as every race, creed, and gender accepted their stations in life and lived within their own enclaves. With DEI buried, Indian, Chinese, and Nigerian first-generation students dominated higher education as poor white families in middle America joyfully cheered.

The heavenly landscape had sheep and lions share evergreen gardens where they recited Project 2035. With nuclear weapons hanging over their heads like piñata at a birthday party, everyone sang America the Beautiful. Even over-pampered kids behaved as parents regained the cane taken away from them since the days of the Renaissance. The final dethronement of empirical proof opened the door for scientific advancement achieved by faith and fiat. It was such a glorious feat that angels even appeared at the White House on Christmas of 2026.

Those concentrating on the few bad things that happened missed all the remarkable transformations of the new world. Once and for all, the conservative majority that took over squashed George Bernard Shaw’s irrational fear that there are two tragedies–not getting what you want and getting what you want, with the latter being the most devastating.

If only people had known that the world was at a tipping point on the eve of the 2024 election and had not taken it as one of those political talks that this was the most consequential election in a generation, they would have paid little more attention. But they didn’t. They thought it was business as usual, and their narrow personal interests were more important than our collective interests as humans.

And here we are. Wednesday, November 8, 2028. As senior party officials prepare to visit the White House to beg the president to invite the president-elect for the traditional visit to the White House, the bell at St. James Church chimes a dirge.

Rudolf Ogoo Okonkwo teaches post-colonial African history, Afrodiasporan literature, and African folktales at the School of Visual Arts in New York City. He is also the host of Dr. Damages Show. His books include “This American Life Sef” and “Children of a Retired God,” among others. His upcoming book is called “Why I’m Disappointed in Jesus.”

Managing the transitions of individuals between the public and private sectors has long been a subject of significant discourse globally. There is a broad consensus that when structured and managed effectively, the cross-pollination of individuals between these sectors can strengthen the operational capacity of both, allowing for the transfer of ideas, methodologies, and practices that can significantly improve governance, corporate strategy, and policy implementation.

However, this topic also invites strong debate due to its inherent risks, particularly concerning conflicts of interest, regulatory capture, and the potential erosion of public trust. The challenge lies in managing these transitions in a manner that preserves institutional integrity and maintains the overall effectiveness of governance.

At its core, the essence of public-private transitions lies in its ability to harness the complementary strengths of both sectors. When managed effectively and ethically, such movements can serve as catalysts for institutional reform, policy innovation, and the advancement of public and corporate governance. As Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), aptly noted, “Public-private transitions are not merely desirable; they are essential for promoting collaboration and innovation. The exchange of knowledge and expertise between these sectors can greatly enhance their respective capabilities, contributing to a dynamic and resilient economy.”

Nonetheless, the ethical complexities inherent in these movements must be addressed through robust regulatory frameworks, transparency, and an unwavering commitment to the public good. It is only with these safeguards that the full benefits of these transitions can be realised without compromising the integrity of either sector.

This topic was discussed extensively by senior representatives from both the public and private sectors, during a session I facilitated at the recent 30th Nigerian Economic Summit (NES). I was pleased to see such high levels of engagement from participants across both sectors, along with a strong commitment to ensuring that Nigeria’s regulatory structures are fit for purpose in managing these transitions.

The good news is that Nigeria has already established a strong foundation. The Nigerian Code of Corporate Governance (NCCG) 2018 provides for a comprehensive framework by mandating a three-year cooling-off period for individuals who have held senior regulatory positions before they can join private institutions that were directly under their supervision. This principle is reflected across specific sectoral guidelines within key Ministries, Departments, and Agencies (MDAs).

Stakeholders at the NES were aligned on the fact that this three-year period meets, and in some cases exceeds, global best practices, particularly when compared with Europe and other Western jurisdictions where cooling-off requirements tend to be more lenient, ranging from 18 months to two years. Some stakeholders even suggested that Nigeria’s cooling-off period could be adapted to allow more flexibility, such as reducing the cooling-off period where the regulator did not have a direct supervisory role over the company involved.

While the acknowledgement of the strength of existing regulations is encouraging, there appears to be a general lack of awareness regarding their existence and application. This knowledge deficit can lead to misconceptions about non-compliance, potentially eroding trust in market integrity and weakening the credibility of regulatory systems. Furthermore, there is limited clarity regarding the enforcement of these rules, and it is important that the ecosystem understands and implements the enforcement mechanisms that ensure compliance.

The question for Nigeria, then, is how can we build on the foundations in place and introduce additional mechanisms that enhance public awareness and understanding while also strengthening the integrity of the process?

There are several ways to do this, and a strong opportunity to leverage the level of current interest and engagement across government, private sector and civil society to further deepen Nigeria’s leadership position in this area. But we must ensure that in our efforts to further strengthen, we find the right balance between public trust and the ability to leverage and grow sectoral expertise.

The first option is to consider the establishment of a formal assessment procedure which could help determine the appropriateness of such transitions on a case-by-case basis, ensuring that all movement between the public and private sectors is subject to rigorous ethical scrutiny. This approach would include a focus on conflict of interest regulations, mandating the disclosure of any relationships and interests that may influence decision-making.

The second option is to move away from a one-size-fits-all approach to cooling-off periods to a model that allows them to be adjusted depending on the specific regulatory and economic context in question. Stakeholders at the Summit expressed considerable enthusiasm for this approach, which could involve longer cooling-off requirements in particularly sensitive cases, while allowing for shorter periods where conflicts of interest are less discernible. The approach to this needs to be standardised to guide implementation.

The third option is to consider how to extend regulation beyond simple formal influence. We have strong guidelines in place around formal transitions, but there is more ambiguity around other forms of influence such as indirect lobbying or consultancy work. There is an absence of clear and enforceable rules in this space that creates the potential for loopholes to be exploited.

Finally, we could consider a more proactive approach to enforcement, strengthening oversight bodies and reporting requirements and imposing greater sanctions for violations.

It is important to note that each of these recommendations is not an indication of a deficiency in the existing framework. Nigeria’s regulatory structure is already competitive on a global scale. However, we must take a dynamic approach and constantly consider the innovations required to embed integrity into the system, to enhance awareness and build public trust. If we do so well, we can realise the immense benefits of cross-pollination between the public and private sectors, for the benefit of Nigeria, and all of its people.

Ajogwu is a Lagos Business School Professor of Corporate Governance.