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Just In : Crisis in Labour Party as Treasurer Demands Accountability from Abure over Alleged Misuse of N3.5bn Funds

The Labour Party (LP) is grappling with a fresh crisis sparked by Mrs. Oluchi Oparah, the national treasurer, who demanded accountability from Julius Abure, the national chairman, regarding the party’s finances.
The finances amount to over N3.5 billion, derived from form sales and other fundraising activities for the 2023 general elections.
Oparah made these assertions during a news briefing in Abuja on Monday, February 12.
The treasurer contends that she is unable to fulfill her legally mandated duty of managing the party’s finances due to the actions of the national chairman.
She highlighted that since the conclusion of form sales before the 2023 general elections, the chairman has avoided taking comprehensive steps to facilitate an audit of the party’s financial records.
Oparah said: “Good morning, ladies and gentlemen of the press. I stand before you today with a heavy heart and a sense of duty to the principles of transparency, accountability, and justice. With great reluctance and deep concern, I am compelled to publicly address the media regarding the egregious financial mismanagement and corruption that have plagued our beloved party under the leadership of Mr Julius Abure, the current National Chairman.
“As national treasurer, I am constrained to come before you and the public today because the internal mechanisms of our party have failed woefully to bring Mr. Abure to account for his brazen abuse of office and misappropriation of party funds.
“His appetite for power has grown unchecked, and he has deliberately undermined my duties and authority as stipulated in the party’s constitution.”
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Update : No going back on free fuel distribution, says Dangote

‘We offer cheaper fuel despite importing 60% of crude’
Recent attacks against Dangote Petroleum Refinery from some associations in the oil and gas industry were orchestrated to derail the planned free fuel distribution logistics initiative, the management of Dangote Refinery said last night.
It however foreclosed backtracking on the initiative, adding that the attacks lack genuine and patriotic concerns.
In a statement last night, the Refinery said the position of National Union of Petroleum and Natural Gas Workers (NUPENG) and Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) lacks legitimacy and has nothing to do unionisation as being claimed.
“Their position”, according to the statement , “have made it abundantly clear that the actions and threats issued by them is not borne out of legitimate concerns about unionisation, but a calculated campaign of economic sabotage that is orchestrated by vested interests who perceive progress as a threat to their entrenched positions.”
Reacting to a press statement by DAPPMAN, which was published, in some newspapers at the weekend, Dangote Refinery accused the association of misleading Nigerians, noting that their claims were contradicted by established facts.
The statement by Dangote Refinery reads: “In January 2022, the Nigerian National Petroleum Company (NNPC) reported that one of DAPPMAN’s members had supplied petrol containing over 15% methanol, well above acceptable limits (Methanol which is not a standard industry practice or procedure for refinery, but blenders use it to prompt up the octane rating to an acceptable level that is well above anti-knocking ratio).
“The result was widespread engine damage for thousands of end users. Yet, no transparent government inquiry or independent investigation was ever conducted to determine the source, intent, or full impact of the adulterated fuel.”
The refinery also described as incorrect, the claim that the price of petrol in Togo is lower than in Nigeria. It revealed that the average pump price in Lomé stands at approximately 680 CFA francs per litre, equivalent to N1, 826.
“This figure reflects the very scenario that DAPPMAN and its affiliates appear to advocate for in Nigeria. The Dangote Refinery has positioned Nigeria as a primary source of affordable petrol feedstock for West Africa, despite the refinery importing over 60% of the crude oil it processes. Remarkably, the refinery is able to offer petrol at prices below the international benchmark within the sub-Saharan region.
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$4.2 million in COVID-19 fraud : Dethronement of US-jailed Oba Joseph Oloyede imminent as Adeleke calls development ‘ugly’

• We await directives of govt — Kingmakers
• Adeleke’s intervention will douse tension — Ruling house
The dethronement of Apetu of Ipetumodu, Oba Joseph Oloyede, who was recently jailed in the United States of America (USA) by District Judge Christopher Boyko over $4.2 million in COVID-19 fraud, is imminent as Governor Ademola Adeleke described the development as ‘ugly’.
Oba Oloyede, who was arrested in May 2024 was later jailed alongside Pastor Edward Oluwasanmi in August 2025, causing ripples in his community, Ipetumodu, the headquarters of Ife North Local Government Area of Osun State.
It will be recalled that there was a crisis in the town during the week as princes, chiefs, and kingmakers clashed at a meeting over a call to dethrone Oba Oloyede after he was sentenced to prison in the US.
The kingmakers led by Asalu, Chief Sunday Afolabi Adedeji opposed the call arguing that the state government was yet to obtain a Certified True Copy(CTC) or give any directives.
However, Governor Adeleke after State Executive Council meeting held on Friday night where he reviewed policies and happenings in the state, frowned at the development in Ipetumodu.
A statement by the Commissioner for Information and Public Enlightenment, Kolapo Alimi read in part: “He (Adeleke) further instructed the Commissioner for Local Government and Chieftaincy Affairs to take action on the ugly development at Ipetumodu where the King was recently jailed in the United States of America.”
Reacting to the development, an heir to the throne, Prince Olaboye Ayoola from the Aribile Ruling House commended Governor Adeleke for his directive noting that it will douse the existing tension in the town.
He said: “Since the embattled monarch was jailed, there is tension in our community, but the directive of the Governor will ease it now. The kingmakers who were opposing his dethronement will heed to the directive now.”
He urged the governor to ensure that Aribile ruling house replaces Oloyede and not move to Fagbemokun because the embattled king did not die but was jailed.
Contacted, Chief Adedeji said: “We can’t do anything outside the directive of the Commissioner, we will be waiting for his directive.”
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Tinubu and Macron have agreed to a stronger partnership for shared prosperity

President Bola Ahmed Tinubu visit France President (yesterday
The two nations struck the deal during a “production lunch” at Élysée Palace by President Bola Ahmed Tinubu and President Emmanuel Macron.
President Tinubu, who is on a 10-day working vacation in Europe made this agreement known through his verified X Handle @officialABAT.
He wrote: “Had a productive lunch with President Emmanuel Macron today(yesterday) at the Élysée Palace. We reviewed key areas of cooperation between Nigeria and France and agreed to deepen our partnership for mutual prosperity and global stability.”
The meeting underscores Tinubu’s continued diplomatic outreach during his time away from Abuja, with an emphasis on consolidating Nigeria’s strategic partnerships with France, one of its longstanding allies in trade, security, and development.
The Élysée Palace meeting adds to a growing record of high-level engagements between the two countries, which have in recent years broadened cooperation in energy, counterterrorism, climate action and investment promotion.
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