Politics
Imo APC ward chairman lands in police net for allegedly selling FG’s palliative

Published
8 months agoon
By
Ekwutos Blog
The Ward Chairman of the All Progressives Congress, APC, in Ejemekwuru Oguta LGA Imo State, Dominic Ikpeama has landed in the police net for allegedly selling the federal government’s palliatives meant for the people of Ejemekwuru autonomous community.
He was arrested by the Oguta Divisional headquarters following a petition against him by the traditional ruler of the community, HRH Eze Hypolite Obinna Duru, who alleged that the politician sold twenty bags of corn and five bags of garri meant for the community.
The monarch said the action was a ploy to sabotage the efforts of both the Federal and State Governments to alleviate the sufferings of the people of his community.
Eze Duru while speaking to our correspondent said he alerted the police about the development which led to his arrest.
He described the action of the APC ward Chairman as improper, hinting that the entire community was not happy with him for diverting the items meant for them to his own selfish needs.
The Monarch said that Ikpeama was arrested and detained on Wednesday, August 21 at the Oguta Police Division.
Reacting to the allegation leveled against him, the APC ward Chairman while speaking to our correspondent when contacted said he shared the palliatives to five villages instead of the 23 villages based on the quantity of the items.
Ikpeama denied being arrested by the police and maintained that he was rather invited by the police authorities who later asked him to go and reconcile the differences with his people.
The allegations of diverting palliatives is a recurring decimal among those saddled with the responsibilities of distributing the items to the potential beneficiaries in most communities.
It was alleged that the APC ward Chairman took advantage of his previous position in the Town Union Government to corner the items.
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Anambra 2025: Onyeze emerges Accord Party guber candidate

Published
47 minutes agoon
April 10, 2025By
Ekwutos Blog
Anambra philanthropist, Chief Chidi Charles Onyeze, has emerged the governorship candidate of the Accord party for the November 5 2025 Anambra governorship election.
He was declared unopposed during the Party’s Primary election process held at East End Hotel, Aroma, Awka, on Tuesday, April 8, 2025.
The exercise was witnessed by thousands of party chieftains, members, INEC, security, and the media.
By his emergence, Chief Onyeze has become the youngest governorship candidate, who will participate in the election alongside the incumbent governor of the state, Prof Chukwuma Charles Soludo (APGA), Prince Nicholas Ukachukwu (APC), Mr. Jude Ejimofor (PDP), Chief George Muoghalu (LP) and other awaiting candidates from other political parties.
Speaking to Journalists shortly after the process, Onyeze said he is contesting the election to address the current challenges of unemployment, insecurity, and poor educational system in Anambra State.
Politics
FG UNVEILS GOVERNANCE SCORECARD TO ACCELERATE $1 TRILLION ECONOMY VISION

Published
1 hour agoon
April 10, 2025By
Ekwutos Blog
The Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has spotlighted corporate governance as a key lever in President Bola Ahmed Tinubu’s push to build a $1 trillion economy, urging state-owned enterprises (SOEs) to meet global standards of transparency, ethics, and performance.
Speaking at the MOFI Corporate Governance Forum in Abuja on Monday, the Honourable Minister described the newly introduced MOFI Scorecard as a vital benchmark for institutional health—designed to position SOEs for investment, growth, and long-term value creation.
This scorecard is not just a document—it’s a test, Edun said. He added that Strong governance attracts capital, builds trust, and delivers real economic returns.
The two-day forum, themed Ensuring Value Creation in State-Owned Enterprises Through Better Corporate Governance, brought together CEOs, regulators, and development partners to examine how better oversight can unlock Nigeria’s public asset potential.
Referencing entities like NNPC Ltd, Edun noted that SOEs must be investor-ready as the government shifts from debt-heavy budgets to equity-based growth. He also pointed to positive macro signals and falling food and fuel prices—as early signs of a stabilising economy.
MOFI Chairman Dr. Shamsudeen Usman confirmed that the scorecard will be enforced through independent assessments, including MOFI itself. We are not asking others to do what we haven’t already done, he said.
MOFI CEO Dr. Armstrong Takang outlined a rollout that includes third-party evaluations, remediation plans, and public recognition through the annual MOFI Excellence Awards.
Backed by the World Bank, the initiative marks a shift in how Nigeria manages public wealth—with governance now central to growth, resilience, and investor confidence.
The introduction of the governance scorecard is a testament to the Federal Government’s commitment to transforming Nigeria’s economy. As the country moves forward, one thing is clear: transparency, accountability, and growth will be the guiding principles for the SOEs.
Politics
FG GIVES UPDATE ON THE CRUDE AND REFINED PRODUCT SALES IN NAIRA INITIATIVE

Published
2 hours agoon
April 9, 2025By
Ekwutos Blog
The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative has today convened an update meeting held in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presiding. The meeting reviewed progress and addressed ongoing implementation matters.
The stakeholders reaffirmed the government’s commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC). It stated that the Crude and Refined Product Sales in Naira initiative is a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market.
The Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all relevant parties. The initiative remains in effect and will continue for as long as it aligns with the public interest and supports the national economy.
The meeting was attended by the Chairman of the Implementation Committee, the Honourable
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Chairman of the Technical Sub-Committee and Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji; the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives of Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), the Nigerian Ports Authority (NPA), representative of Afreximbank, as well as the Secretary of the Committee, Hauwa Ibrahim.
The meeting underscored the government’s commitment to the Crude and Refined Product Sales in Naira initiative, a strategic move expected to have a lasting impact on Nigeria’s economy, fostering growth, stability, and self-sufficiency. This bold step positions Nigeria for success in the years to come

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