Politics
SERAP Urges Govs, Wike To Show Details Of Chinese Loans
The Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory (FCT), Abuja, Nyesom Wike to make public details of Chinese loans, liabilities, and other external borrowing obtained.
The demand, according to letters to the parties, covers loans by the sub-nationals, guaranteed by the Federal Government and the SERAP also wants to know the terms and conditions for any such borrowing including the provisions on collateral, according to a statement.
ALSO READ: SERAP Threatens Akpabio, Abbas With Legal Action Over Legislators’ Jumbo Pay
The SERAP urged them to “provide details of the repayment obligations regarding any Chinese loans, liabilities and other external borrowing obtained and guaranteed by the Federal Government, the interest rates on the loans, and any defaults, debt restructurings, and debt exposure to China and other creditors.”
In addition, the SERAP also urged them to “clarify any investment agreements with Chinese companies and repayment histories of any loans, liabilities and facilities obtained from China and other external creditors and guaranteed by the Federal Government.”
In the letters, signed by its deputy director Kolawole Oluwadare, the SERAP wrote, “We are concerned that your state and the FCT may have failed to efficiently manage your debt obligations, especially your external debt and investment obligations, as guaranteed by the Federal Government.
“The failure to uphold your obligations is contrary to Section 6 of the Debt Management Office Establishment (Etc), Act, and creates financial risks and other exposure to Nigeria with respect to these Chinese loans, liabilities and other external borrowing.
“These Chinese loans, liabilities and other external borrowing by your state and the FCT may not have been used for the purposes for which they have been obtained and terms and conditions guaranteed by the Federal Government.”
The SERAP declared that, the “SERAP is concerned that there is a significant risk of defaults of the Chinese loans, liabilities, and other external borrowing by your state and the FCT, which are guaranteed by the Federal Government.
“There are also significant risks of confiscation of Nigerian assets in foreign jurisdictions by multilateral and bilateral agencies and other creditors in cases of failure by your state and the FCT to satisfactorily observe and fulfil the terms and conditions of the Chinese loans, liabilities and other external borrowing which are guaranteed by the Federal Government.
“The apparent inadequacy of safeguards and accountability mechanisms for these Chinese loans, liabilities and other external borrowing may also expose Nigeria’s assets in foreign jurisdictions to confiscation.
“Your state and the FCT have a shared obligation to ensure that the spending and repayment plans of Chinese loans, liabilities, facilities and other external borrowing are consistent with the provisions of national and international standards, and to prevent or mitigate risks of confiscation of Nigerian assets abroad.
“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government and the FCT to comply with our request in the public interest.
“Despite several external loans, liabilities, investment obligations and external borrowing obtained by your state and the FCT, which are guaranteed by the Federal Government over many years, millions of Nigerians in your state and the FCT continue to lack access to regular electricity supply and have been denied the benefit of renewable energy solutions.
“A recent report by the National Bureau of Statistics (NBS) revealed that over 133 million Nigerians are living in different categories of poverty, the majority of them women and children.
“SERAP is seriously concerned that many of the country’s 36 states and FCT are allegedly mismanaging public funds which may include Chinese loans, liabilities and other external borrowing obtained from bilateral and multilateral institutions and agencies and guaranteed by the Federal Government.
“We urge you to disclose the spending details of these Chinese loans, investment obligations and external borrowing, including details of and locations of projects as well as the implementation status and completion reports, if any, on the projects.
“According to Nigeria’s Debt Management Office, the total external debt for Ogun State is N168,833,006.66 as at December 31, 2023. The total public debt portfolio for the country’s 36 states and the Federal Capital Territory is N9.17 trillion.
“Nigeria’s total public debt stock, including external and domestic debts, increased by ₦24.33 trillion in three months alone, from ₦97.34 trillion ($108.23 billion) in December 2023 to ₦121.67 trillion ($91.46 billion) as of March 31, 2024. The debt represents external and domestic loans obtained by the Federal Government, the 36 state governments and the FCT.
“SERAP notes that the World Bank has approved several loans and other funding facilities to the country’s 36 states including the recent $750 million credit line meant to the states to carry out reforms to attract investment and create jobs.
“The World Bank on 15 December 2020 approved a $1.5 billion loan for Nigeria’s 36 states and the FCT for social protection and strengthened state-level COVID-19 response. The loan aims to help the states build a resilient recovery post-COVID19 and to reduce poverty.
“SERAP is concerned that the Chinese loans and other external borrowing obtained by your state and guaranteed by the Federal Government are vulnerable to corruption and mismanagement.
“Publishing details of the Chinese loans, liabilities, investment obligations and other external borrowing obtained by your state and the FCT which are guaranteed by the Federal Government would allow Nigerians to scrutinise them.
“Section 39(1) of the Nigerian Constitution 1999 [as amended], section 44 of the Fiscal Responsibility Act and article 9 of the African Charter on Human and Peoples’ Rights to which Nigeria is a state party impose legal obligations on your state and the FCT to disclose the details sought.
“Section 41 of the Fiscal Responsibility Act provides: ‘1) The framework for debt management during the financial year shall be based on the following rules: a. Government at all tiers shall only borrow for capital expenditure and human development, provided that, such borrowing shall be on concessional terms with low interest rate and with a reasonable long amortization period subject.’
“Section 44 of the Fiscal Responsibility Act provides: ‘1) Any Government in the Federation or its agencies and corporations desirous of borrowing shall, specify the purpose for which the borrowing is intended and present a cost-benefit analysis, detailing the economic and social benefits of the purpose to which the intended borrowing is to be applied.’
“According to section 21(1)(2) of the Debt Management Office Establishment (Etc), Act, ‘No external loan shall be approved or obtained by the Minister unless its terms and conditions shall have been laid before the National Assembly and approved by, its resolution. (2) The Federal and State Government or any of their agencies shall not obtain any external loan except with a guarantee issued by the Minister.’”
Politics
Fresh Crisis Hits APC as Senators, Aspirants Reject Primary Results Across 9 States
Fresh crisis has erupted within the All Progressives Congress following widespread rejection of the party’s senatorial and National Assembly primary election results by aggrieved aspirants and party stakeholders across nine states.
The controversy, which trailed the APC primaries conducted ahead of the 2027 general elections, has sparked protests, petitions and allegations of manipulation, imposition of candidates and violation of internal democratic processes in Ekiti, Ondo, Zamfara, Nasarawa, Kwara, Plateau, Kaduna, Delta and Benue states.
In Ekiti State, former senator Ayo Arise and fellow aspirant Dare Owolabi rejected the outcome of the APC senatorial primary in Ekiti North Senatorial District, where the incumbent senator, Cyril Fasuyi, was declared winner.
SEE MORE: Shock in Ogun APC as Aspirant Withdraws, Declares Support for Party Choice
While the APC election committee announced that Fasuyi polled 14,179 votes to defeat his rivals, Arise insisted he won the election based on ward results in his possession.
He alleged that the process was disrupted in several wards after it became obvious he was leading.
Arise described the exercise as being riddled with irregularities, intimidation and fraud, vowing to challenge the outcome before the national leadership of the party.
Owolabi also faulted the exercise, alleging that supporters were harassed and chased away from voting venues across several wards.
However, Fasuyi dismissed the allegations and maintained that the primary election was conducted in line with APC guidelines.
In Ondo State, former deputy governor and senatorial aspirant, Agboola Ajayi, also rejected the outcome of the Ondo South senatorial primary, describing the announced results as fake.
Ajayi’s campaign organisation claimed the figures declared by the senatorial collation officer did not reflect the actual results collated by its agents across the wards.
In Zamfara State, several aspirants criticised the adoption of consensus arrangements by party leaders instead of direct primaries.
Former governor and Minister of State for Defence, Bello Matawalle, had announced that consensus candidates had emerged across the state following agreements among aspirants.
But aspirants including Tijjani Kaura, Dr Sani Shinkafi and Hajiya Lubuna Gusau denied participating in any consensus arrangement and accused party leaders of attempting to impose candidates.
Shinkafi further accused party leaders of misleading President Bola Tinubu by claiming he directed aspirants to step down for incumbent lawmakers.
In Nasarawa State, APC members under the platform of Concerned APC Members staged a peaceful protest over alleged irregularities during the National Assembly primaries.
The group accused the election committee of poor coordination, late arrival of election materials and favouritism towards certain candidates.
Similarly, APC stakeholders in Kwara State petitioned the national leadership of the party over the conduct of the House of Representatives primary election in the Ekiti/Oke-Ero/Isin/Irepodun Federal Constituency.
The stakeholders alleged that no voting exercise took place in some areas and accused local party leaders of releasing unauthorised election results.
In Plateau State, Plateau North Senatorial District aspirant and serving senator, Pam Dachungyang, rejected the APC senate primary, describing the process as a sham that failed to meet democratic standards.
According to him, party officials failed to appear in several areas where voting was expected to take place.
The crisis also spread to Kaduna State, where aggrieved aspirants staged protests across Kaduna metropolis over the outcome of the senatorial primaries.
The protesters alleged that the APC abandoned the approved direct primary system and instead adopted an unauthorised delegate arrangement.
The protest followed the emergence of Sunday Katung, former governor Ramalan Yero and Shehu Sani as winners of the APC senatorial tickets.
In Delta State, the Chairman of the APC National Assembly Primaries Appeal Committee, Chukwuemeka Ujam, confirmed that the panel had received five petitions from aggrieved party members challenging the conduct of the primaries.
Meanwhile, in Benue State, two aspirants challenged the victory of Blessing Onuh in the APC House of Representatives primary for Otukpo/Ohinmini Federal Constituency.
The aspirants alleged that election materials were hijacked and claimed the votes allocated to Onuh exceeded the number of registered party members in the constituency.
The growing wave of protests and petitions has further exposed deepening cracks within the APC as the ruling party prepares for the 2027 general elections.
Politics
Plateau 2027: “I’m Not in the Race to Fill Numbers” — Bida Declares War on Mutfwang
A governorship aspirant in Plateau State, Commander Yilchin Jan Bida (rtd), has declared that he is fully committed to contesting the 2027 governorship race, insisting that he is “not in the race to fill numbers” but to win.
Yilchin Jan Bida made the statement while addressing journalists in Plateau State on Tuesday, where he reaffirmed his confidence in defeating incumbent Governor Caleb Mutfwang in a free and fair party primary.
SEE ALSO: Violence Rocks APC Primaries in Plateau, Officials Flee for Safety
Caleb Mutfwang is expected to seek re-election in the 2027 polls, setting the stage for what could become a heated internal party contest.
Bida said his ambition is backed by a structured development plan known as the “LIGHT Agenda,” which he described as a comprehensive blueprint aimed at transforming governance across security, infrastructure, education, and economic development.
Security and Infrastructure Focus
The aspirant said insecurity remains a major concern in Plateau State, arguing that poor rural road networks and limited telecommunications coverage have worsened response time during emergencies.
He pledged that, if elected, his administration would ensure full mobile network coverage across the state and expand rural road construction to improve access to remote communities.
Bold Development Promise
Bida also outlined an ambitious infrastructure plan, stating that his government would invest heavily in roads, bridges, and community development projects across all 17 local government areas of the state.
He estimated a projected spending of about N1 trillion over four years, with each local government expected to benefit from at least 40 kilometres of road construction.
Education and Human Capital
On education, Bida expressed concern over what he described as inadequate investment in human capital development, warning that it could affect the future competitiveness of Plateau youths.
He said his administration would prioritise education, healthcare, and youth empowerment while also supporting small businesses and local enterprise growth.
Political Outlook
Bida maintained that his participation in the race is driven by vision and preparation, not symbolism, adding that he is confident of victory in the party primary if conducted fairly.
The 2027 Plateau governorship race is gradually shaping into a competitive political contest as aspirants intensify consultations and policy declarations.
Politics
Shock in Ogun APC as Aspirant Withdraws, Declares Support for Party Choice
There was a surprise development in the political landscape of All Progressives Congress (APC) in Ogun State on Tuesday as a House of Assembly aspirant, Ademola Okeowo, withdrew from the race and declared support for the party’s consensus candidate.
Okeowo, who was vying to represent Ijebu North State Constituency I, announced his decision at the APC secretariat in Ijebu North, Ijebu Igbo, before party leaders, stakeholders, and supporters.
SEE MORE: Benue APC Primary Turns Messy as Onoja’s Son Battles David Mark’s Daughter Over Victory
He said the move followed extensive consultations with party elders and leaders, stressing that it was taken in the interest of unity and discipline within the party.
According to him, although he had enjoyed strong grassroots support and encouragement from different communities, he decided to step down in line with the party’s consensus arrangement.
“I have decided to step down unconditionally in support of the party’s consensus candidate,” Okeowo stated, adding that his political structure would now be merged with that of the chosen candidate.
He called on his supporters, youth groups, women associations, and coordinators to fully mobilise for the success of the APC in the forthcoming elections.
The APC Vice Chairman in Ijebu North, Alhaji Adesegun Adenola, commended the decision, describing it as a move that strengthens internal unity within the party.
Adenola disclosed that out of about 14 initial aspirants, the number was reduced to four after internal screening, with two aspirants, including Okeowo, stepping down in support of the consensus candidate, Olatunbosun Ipaye.
He added that remaining contenders were also expected to align with the party’s decision ahead of the primaries.
The development highlights ongoing efforts by the APC to consolidate internal harmony and avoid division ahead of the next electoral cycle in Ogun State.





