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Okonjo-Iweala Denies Allegations Of Facilitating Biafra Loan

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World Trade Organization Director-General, Dr. Ngozi Okonjo-Iweala, has firmly denied allegations of her involvement in securing a $57.5 billion loan for the Biafra Republic Government in Exile.

The claims originated from a post by separatist leader Simon Ekpa on October 23, 2024, suggesting that the World Bank and International Monetary Fund had agreed to the loan, with Okonjo-Iweala playing a key role in the process.

Ekpa stated that the funds were intended to support the establishment of a new government, in anticipation of a planned declaration of Biafra’s independence on December 2, 2024.

READ MORE: Bobrisky: Falz Reflects On Defamation Case Against VDM

He wrote, “The World Bank and IMF have agreed to loan the sum of $57.5 billion to Biafra Republic Government in Exile (BRGIE) to form our government after December 2nd 2024 declaration of Biafra. I thank our sister, Ngozi Okonjo-Iweala for helping me to facilitate the loan.”

In response, Okonjo-Iweala categorically refuted the claims, calling the statement “outrageous” and false.

“I know no sensible person will believe what is contained in the outrageous tweet below, but in these troubled times, it is important to underscore that the statement is false,” she said in a statement on Thursday via X.

She also called on those misusing her name to stop immediately, stating, “Again, I enjoin all those seeking to misuse my name to desist.”

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Political Earthquake in Zamfara as Gov Lawal Dumps PDP for APC

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Governor Dauda Lawal of Zamfara State has explained that the persistent crisis and legal disputes within the Peoples Democratic Party compelled him to defect to the All Progressives Congress.

The governor’s defection was formally announced on Monday by his deputy, Mani Mummuni, after a stakeholders’ meeting held at the Government House in Gusau.

In a statement issued by the governor’s spokesperson, Sulaiman Bala Idris, the move was described as a necessary step taken in the interest of the state and supported by political stakeholders across Zamfara.

SEE ALSO: JUST IN: PDP Crisis Deepens as Appeal Court Upholds Ban on Ibadan Convention

According to the statement, Governor Lawal had remained committed to the PDP despite the ongoing leadership crisis and had made several efforts to reconcile factions within the party.

However, attempts to achieve peace and unity reportedly failed, leading to prolonged legal battles.

The development followed a judgment by the Court of Appeal in Abuja, which dismissed an appeal filed by the PDP challenging an earlier ruling of the Federal High Court.

The earlier judgment had restrained the Independent National Electoral Commission from recognising the outcome of the party’s national convention held in Ibadan, Oyo State.

The governor was said to have informed political stakeholders during a series of meetings that he would make a final decision about his political future after the appellate court delivered its ruling.

Following the judgment, Lawal concluded that joining the APC would better position him to continue what he described as the “Zamfara Rescue and Rebuild Mission.”

His defection marks a significant shift in the political landscape of Zamfara State and could influence political alignments ahead of the 2027 general elections.

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Appeal Court Deals Major Blow to Aiyedatiwa’s Re-election Hopes in Ondo

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The Court of Appeal in Abuja has handed a significant setback to Ondo State Governor Lucky Aiyedatiwa, dismissing his appeal challenging a Federal High Court ruling that questioned his eligibility to contest the upcoming governorship election.

A three-member panel delivered a unanimous judgment on Monday, affirming that the trial court acted correctly when it allowed Dr Akindele Egbuwalo, the plaintiff, to amend his originating summons.

ALSO READ: No Shake-Up in Ondo: Aiyedatiwa Denies Plot To Remove Deputy Gov

Justice Uchechukwu Onyemenam, who read the lead judgment, said the governor failed to show that the High Court’s decision caused any miscarriage of justice or denied him a fair hearing.

The appeal was therefore dismissed for lacking merit, and the court awarded ₦2 million in costs against Aiyedatiwa.

The ruling reinforces the November 24, 2025, Federal High Court decision in Akure, which granted Egbuwalo permission to challenge Aiyedatiwa’s eligibility for re-election.

Earlier, the Court of Appeal also rejected an application by Aiyedatiwa to set aside a January 27, 2026, order staying proceedings in the case before the Federal High Court.

The appellate court clarified that the stay was a lawful exercise of its jurisdiction aimed at protecting the integrity of the proceedings.

The panel further emphasized that attempting to overturn its own order would be akin to sitting on appeal over its own decision.

The governor’s remaining option, the court noted, is to challenge the ruling at the Supreme Court. Another ₦2 million in costs was awarded against Aiyedatiwa.

 

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JUST IN: PDP Crisis Deepens as Appeal Court Upholds Ban on Ibadan Convention

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#NigeriaDecides: FCT PDP Chairman Dies In Accident

The crisis rocking the Peoples Democratic Party has deepened following a ruling by the Court of Appeal in Abuja which upheld a ban on the party’s proposed national convention in Ibadan, Oyo State.

A three-man panel of the appellate court on Monday dismissed an appeal filed by a faction of the party led by former Minister of Special Duties, Kabiru Turaki, challenging the jurisdiction of the Federal High Court to hear a suit concerning the controversial convention.

The Turaki-led faction had approached the Court of Appeal after a Federal High Court barred the party from holding its planned national convention scheduled for November 14 and 15, 2025.

SEE MORE: Fubara Moves to Rebuild Cabinet as R/Assembly Screens Nine Commissioner Nominees

The lower court also restrained the Independent National Electoral Commission from recognising or validating the proposed convention.

However, delivering judgment, the appellate court ruled that the Federal High Court had the authority to entertain the case, rejecting the argument that the matter was purely an internal affair of the party.

According to the court, the appellants could not present what it described as a clear violation of the party’s constitution and the Constitution of the Federal Republic of Nigeria as merely an internal party issue.

The panel subsequently dismissed the appeal and awarded a cost of N2 million against the appellants.

The ruling is part of judgments delivered in nine harmonised appeals filed by the Turaki-led faction over the dispute surrounding the convention.

The latest court decision is expected to further intensify the internal wrangling within the opposition party as it continues to grapple with leadership disputes and preparations ahead of the 2027 general elections.

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