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I’ll Contest Again In 2027, Says Peter Obi

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Peter Obi, the Labour Party’s presidential candidate in the 2023 general election, has announced his intention to run in the 2027 presidential election after not securing victory in 2023.

 

This declaration came during a press conference held after the Supreme Court’s ruling on October 26, 2023, regarding his appeal against the Presidential Election Petitions Court verdict.

 

Obi expressed gratitude to Nigerians for their support in the previous election and emphasized that his political journey is far from over.

 

He said “Nigerians who supported our cause have done so out of patriotism and their sincere conviction that our nation requires and deserves dedicated and visionary leaders who will lead Nigeria toward a brighter future. The energy and dedication of Nigerian Youths and the Obedient Movement have been simply amazing.

 

“I appreciate and salute them! I want to assure them that this is not the end of our journey; but in fact, the beginning. Nigeria heard you. The world has taken note and will not forget so easily. We shall endure, persist, until we get to our destination because a new Nigeria is our destination. A destination not an event,” Obi said, signaling his readiness to run for the office of the President in 2023.

 

“As someone who has previously benefited from the rulings of the Supreme Court on electoral matters, I have, after a period of deep and sober reflection, decided to personally and formally react to the recent judgment as most Nigerians have.

 

“Because we are confronted with very weighty issues of national interest, I will speak forthrightly. As students young lads at CKC, Onitsha, we were taught values and admonished to always; “choose the harder right, instead of the easier wrong.”

 

“Setting legal issues aside, the Supreme Court exhibited a disturbing aversion to public opinion just as it abandoned its responsibility as a court of law and policy.

 

“It is, therefore, with great dismay that I observe that the Court’s decision contradicts the overwhelming evidence of election rigging, false claim of a technical glitch, substantial non-compliance with rules set by INEC itself as well as matters of perjury, identity theft, and forgery that have been brought to light in the course of this election matter. These were hefty allegations that should not be treated with levity.

 

“More appalling, the Supreme Court judgment willfully condoned breaches of the Constitution relative to established qualifications and parameters for candidates in presidential elections. With this counter-intuitive judgment, the Supreme Court has transferred a heavy moral burden from the courtrooms to our national conscience. Our young democracy is ultimately the main victim and casualty of the courtroom drama.”

 

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Lagos: LASTMA Announces Traffic Restrictions Along Route to Toll Gate

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The Lagos State Traffic Management Authority (LASTMA) on Saturday announced a temporary road closure near Apostolic Church, inward Toll Gate, to allow engineers to install a beam on a height-restriction structure.

The agency said the installation was aimed at preventing high-rise trailers from accessing the newly constructed pedestrian bridge.

ALSO READ: LASTMA Alerts Motorists to Traffic Delays on Ogunnusi Road

“Currently, one lane has been occupied to facilitate the ongoing construction work, while the remaining two lanes are available to motorists,” LASTMA stated.

The agency advised road users to approach the affected corridor with caution and follow the directions of its personnel deployed to the area.

“Road users are advised to approach the affected corridor with caution and follow the directions of our personnel who are on ground to ensure the smooth flow of vehicular movement,” the statement added.

LASTMA also urged motorists to remain patient while the installation work continued.

“Motorists are encouraged to exercise patience while the installation work is in progress,” the agency stated.

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‘Oseni Rufai Helped Me, Not NiDCOM’ — Ekene Chukwuma on Return to Nigeria

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Nigerian national Ekene Chukwuma has said he returned to Nigeria with assistance linked to Oseni Rufai rather than the Nigerians in Diaspora Commission (NiDCOM), while renewing allegations against the commission’s chairperson, Abike Dabiri-Erewa, over his travel documents.

Chukwuma made the remarks in an interview in which he explained how he returned to Nigeria after spending months at a deportation camp in India.

RELATED NEWS: Rufai Oseni Row: NiDCOM Breaks Silence on Nigerians Detained in India, Addresses Ekene’s Case

“My name is Kenneth Chukwu, from Enugu State,” he said, introducing himself before explaining how he returned to the country.

“I came back here with the assist of Osini Roufai, a good friend of him,” he said.

Chukwuma denied that NiDCOM facilitated his return, alleging that the commission had published false information about his case.

“NiDCOM made a lots of false, uh, news acquisition against me, which is still in Abike Dabiri handle in Twitter,” he said.

He also accused Dabiri-Erewa of sharing his expired international passport and a travel certificate he claimed was issued six months after he entered the detention camp.

“He also, she also posted my international passport that expired. He also, she also posted my TC that issued after 6 months,” he said.

His comments renew questions surrounding the handling of his case and the circumstances under which he obtained the documents needed to return to Nigeria.

Chukwuma’s detention in India previously sparked a public disagreement between ARISE News presenter Oseni Rufai and Dabiri-Erewa over NiDCOM’s response to reports of his situation.

Oseni raised concerns about Chukwuma’s detention and the commission’s handling of the case, while Dabiri-Erewa defended NiDCOM’s position and explained the process for submitting information to the commission.

NiDCOM subsequently issued its account of Chukwuma’s detention, stating that he had been arrested in India over a visa overstay and addressing the circumstances surrounding his travel documents.

The differing accounts prompted public debate about the commission’s response to Nigerians facing immigration difficulties abroad.

 

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‘Who Owns NNPC?’ Rufai Grills Olabode Sowunmi Over Fuel Subsidy

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Rufai Oseni has challenged political analyst Olabode Sowunmi over the Federal Government’s 30-day petrol discount, questioning whether the intervention amounts to a return of fuel subsidy despite claims that the discount is being borne by the Nigerian National Petroleum Company Limited (NNPC).

The exchange occurred during an edition of The Morning Show on Arise News, where Oseni questioned Sowunmi about the financial implications of the petrol discount and other measures introduced to cushion the impact of fuel prices.

Oseni argued that several elements of the government’s intervention could be regarded as forms of subsidy, insisting that NNPC’s ownership structure must be considered when determining who ultimately bears the cost.

SEE MORE: ‘Another Speech to Tell Us, It Is Well’ — Oseni Rufai Reacts to Tinubu’s Address

“No matter how you try to explain it away, a subsidy is a subsidy,” Oseni said.

He challenged the argument that the discount should not be classified as a government subsidy simply because NNPC was responsible for providing it.

“We’re talking like NNPC is not owned by [the government] and heavily equity-based by the Ministry of Finance Incorporated,” he said.

Oseni identified the 30-day discount, forward sales of crude oil to domestic refineries, a proposed price ceiling, the removal of road levies and the consideration of an excess-profit tax among the measures he believed could amount to different forms of subsidy.

He argued that forward sales of crude oil to domestic refineries, with increased volumes as production grows, could help shield petrol pump prices from fluctuations in the international market.

Oseni also questioned the proposed negotiation of a price ceiling of ₦1,350 on landing and ex-country costs, arguing that government intervention to moderate prices contradicted the principle of allowing market forces to determine them.

“You are not supposed to come in to do this. Let me go back to your words: forces of market supply and demand should do this, but you have now come in to do this. That’s another form of subsidies,” he said.

He further cited the removal of road levies and cooperation with state governments under new tax laws as part of the measures requiring scrutiny.

After listing the interventions, Oseni demanded that Sowunmi explain their financial implications and identify who would ultimately pay for the petrol discount.

“But tie this with the most important question, actually, that you skipped: How much will this cost NNPC, and who pays for it? Don’t evade that question. Tell us the cost item and how much, who will pay for it,” Oseni said.

Sowunmi Defends His Position

In his response, Sowunmi argued that a government subsidy should be determined by whether the government bears the difference between the total cost of a product and its selling price.

He explained that a subsidy occurs when the government assumes the financial burden created by the gap between the cost of a product and the price at which it is sold.

“In the case of the discount that has been announced, it is borne by NNPC. So that cannot be…” Sowunmi said before Oseni interrupted.

Oseni challenged the distinction, insisting that NNPC’s ownership made it necessary to establish whether the cost could ultimately be linked to the government.

“Wait, not—who owns NNPC? Please answer. No, no, a straight question, and you can go ahead. Who owns NNPC?” Oseni asked.

Sowunmi responded that he had been invited to contribute to the discussion and should be allowed to complete his explanation.

“You asked, you asked NNPC because you believe—you asked me a question because you believe I have something to say. You cannot—you cannot tell me how to talk, so just be…” he said.

Oseni subsequently repeated his question about NNPC’s ownership, prompting Sowunmi to urge him to exercise patience.

“Basically, you need to be a bit patient and just…” Sowunmi responded.

The available transcript ends during the exchange, with no further explanation of the financial arrangements or conclusion to the discussion provided.

 

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