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Youths to Obasanjo: Atiku should drop Obi or lose

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Atiku
Ex-governor: I’m eminently qualified to be running mate

Atiku Abubakar got yesterday a complex challenge on his presidential bid —he should drop running mate Peter Obi or lose.

Some youths in the North visited former President Olusegun Obasanjo to table the knotty request.

The Northern Youths Leaders Forum (NYLF) advised  the presidential candidate of the Peoples Democratic Party (PDP) to review the  choice of Obi, if he hopes to earn the North’s support.

The group, which prides itself as the apex  body of 46 youth organisations in the North, threatened to mobilise its over six million members against the PDP and its presidential candidate, if Atiku failed to take its advice.

The national chairman of the group,  Comrade Elliot Afiyo, who spoke on Tuesday  in Abeokuta, the Ogun State capital, after a meeting with former President Olusegun Obasanjo on Monday night, claimed that the body had been instrumental to the electoral victories of successive presidents since 1999. It claimed to have played a major role in incumbent President Muhammadu Buhari’s victory and it also played a critical role in the reconciliation between Atiku and Obasanjo.

According to Afiyo, the group had equally intimated  the former President of their position on Atiku’s running mate.

It was not immediately clear yesterday what Obasanjo, who has just ended a long feud with Atiku and endorsed him, told the youths.

He said the Obi’s choice was causing friction in the Southeast, which  is largely responsible for the impending defection of the Deputy Senate President, Ike Ekweremandu, from the PDP.

He added that Obi is strongly viewed as anti-north and a major sponsor of the Indigenous People of Biafra (IPOB).

According to him, over 70 percent of Emirs and other traditional rulers in the North will not support Atiku’s choice of running mate and maintained that  PDP will fail to produce the next president, if the party eventually flies the Atiku/Obi ticket.

Afiyo advised PDP to pick Atiku’s running mate from Southsouth. He suggested that either Rivers State Governor Nyesom Wike or his Bayelsa State counterpart, Seriake Dickson, should be considered.

Afiyo said: “Atiku is an experienced politician, and he knows what happened and as a northern Nigerian, he cannot ignore that group. I have spoken to almost all the Southeast governors and they told me that they remained in PDP because of their governorship elections and after their governorship elections, they will vote somewhere, not PDP.

“And for us to ignore the stakeholders, it is political suicidal, so we must agree with that fact. That was what we told Obasanjo yesterday, that as far as we want to Atiku to succeed, he has no alternative than to drop Peter Obi and with the contention between Peter Obi’s group and Ike Ekeremadu’s group, it is not political convenient again to pick a running mate from the Southeast.

Because whichever group you pick from, the other group will work against them.

“Then, in the North, we consider Peter Obi as anti-North. This is no sentiment. Apart from the way he treated the northeners when he was the governor of Anambra State, we consider him as a bonafide member and major sponsor of IPOB.

“In fact, 70 percent of emirs, traditional rulers from the North will not support Peter Obi as the vice president.

“We don’t work on sentiment. As I have told you before, our group staked our lives in 2015 for Buhari. Personally, I was placed under house arrest for two weeks throughout the extension of the presidential election in 2015. I was fighting with the hope that Buhari would change things but there is a cabal and Buhari is completely caged.

“Also, mind you, Atiku is not a saint, anyone that becomes president, there must be a cabal, so we need a vice president that will tell the cabal ‘no’ and Peter Obi doesn’t have the courage and boldness to be the vice president to challenge the authorities. But if Atiku fails to heed our warning, then, APC will win. Buhari will win hands down because we cannot support a failure. We will work for APC.”

Obi’s spokesman Valemtine Obienyen dismissed the claims by the group. He said Obi’s choice had been well received.

He added: “Why protest in Ota? Who is behind the protest? What does the project intend to achieve? Is it true that the planning of the protest was revealed almost a week ago? Why is it that when you have failed to see any fault in Obi, you are bent on inventing one?  These are necessary questions which any sincere inquirer will deem appropriate to start with.

He said: “ We do not need such  distraction now. What we need is joining of hands together as we collectively seek solutions to our problems.

“All those that knew Obi very well for what he did in the past, both in his private business and governance of Anambra State and thereafter,  wrote eulogies of him. Researchers went to work. After careful and painstaking analyses of his past, they submitted that he is humble, hardworking, knowledgeable about the economy, aware of the myriad of problems of the country, detribalised and a believe in the unity of the country .

Since leaving office, Obi has been busy visiting schools all over the country, from Cross River to Sokoto. Obi has been busy diagnosing the problems of the country and offering solutions. Obi has been busy preaching the unity of the country and how good governance will solve the problems in Nigeria, caused by cumulative years of leadership failure that make the protest under review suspicious and, in fact, an attempt to give the dog a bad name in order to hang it.”

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Tinubu: Reform Benefits Will Soon Reach More Nigerian Families

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…….GDP rose 4.43 per cent in Q2
President Bola Ahmed Tinubu yesterday assured Nigerians that his administration would intensify efforts to translate improving economic indicators into better living conditions. NigerianBusiness Directory

He declared that the economy is now on an “irreversible path” towards growth that households will feel at their dining tables and in their pockets.

The President said the Federal Government would, within the next few weeks, introduce measures targeted at vulnerable Nigerians, including cheaper means of transportation, increased food production and relief programmes designed to directly reach people at the grassroots.

Tinubu gave the assurances in his reaction to the latest Gross Domestic Product (GDP) figures released yesterday by the National Bureau of Statistics (NBS).

The report shows that the Nigerian economy grew by 4.43 per cent in the second quarter of 2026, compared with 4.23 per cent recorded in the corresponding quarter of 2025. NigerianBusiness Directory

The President welcomed the figures as further evidence that the economic reforms undertaken by his administration since May 2023 were yielding results, according to a statement by his spokesman, Bayo Onanuga.

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“Under our watch, the economy is on the irreversible path to experience even more growth that all homes will feel at the dining table and in their pockets. We are not resting on our oars.

“We are fully committed to translating consistent, stronger economic performance into better microeconomic outcomes for our citizens. We must stay vigilant by ensuring the sustainable progress we are recording remains irreversible,” Tinubu said.

According to the NBS report, growth was recorded across agriculture, manufacturing, oil and gas, and services, with the services sector maintaining its position as the largest contributor to aggregate GDP.

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In nominal terms, Nigeria’s aggregate GDP rose to N119.27 trillion in the second quarter, representing an 18.43 per cent increase from the N100.7 trillion recorded in the corresponding period of 2025.

Tinubu said his administration had spent the past three years taking difficult decisions necessary to stabilise the economy.

“In the past three years, we tried to do the hard part by implementing the necessary reforms to stabilise the economy.

“Now the economy is stabilised, and we have laid the foundation for a prosperous nation. We didn’t do the reforms to create challenges, but to ensure prosperity reaches all our people,” he said.

The President said the latest growth figures were among a series of indicators showing that his Renewed Hope Agenda was working, pointing to improvements in the country’s external reserves, trade position, credit ratings, infrastructure development and oil and gas production.

“The results of the efforts are becoming very clear to all: The Renewed Hope Agenda is working. Because of those tough decisions, today Nigeria has trade surpluses. Our foreign reserves are at their highest in 17 years. Our credit rating has moved up several notches.

“We are building roads, railways and superhighways that will last for a long time. Investors who left are returning. Oil and gas production is increasing,” Tinubu said.

He also cited developments in the education sector as evidence of progress, saying Nigerian universities had enjoyed stability while the Nigerian Education Loan Fund (NELFUND) was expanding access to tertiary education.

“And in our universities, for the first time in a long time, there are no strikes. Our children are in class. And through NELFUND, student loans are putting education within reach, and affordable credit is going to our civil servants through Creditcorp,” he said.

The President said the next phase of the administration’s intervention would place greater emphasis on alleviating pressures confronting vulnerable Nigerians and ensuring that improving macroeconomic indicators translate into tangible benefits. NigerianBusiness Directory

“In the next few weeks, we are addressing some of the challenges being faced by our vulnerable population by providing cheaper means of transport, ramping up food production and implementing various relief programmes that will touch lives at the grassroots,” he said.

Tinubu also took a swipe at the opposition, saying the latest economic figures had come at a time when opposition elements were attempting to diminish the achievements of his administration and promising to reverse some of its reforms if elected.

He maintained that the policies undertaken since the beginning of his administration were not intended to impose hardship on Nigerians, but to correct structural weaknesses and create the foundation for sustainable prosperity. NigerianBusiness Directory

The President pledged that his administration would remain focused on consolidating the gains recorded so far.

Economy expands further on broad-based growth across sectors

The NBS report, which shows 4.43 per cent growth in the second quarter, indicates that the growth outperformed both the first quarter of 2026 and the corresponding second quarter of 2025.

The report highlighted a broad-based economic expansion driven by significant improvements in the agricultural segment, non-oil sector, services and sustained growth in the oil sector.

The agricultural sector almost doubled its performance, with a growth of 4.39 per cent in the second quarter of 2026 compared with 2.82 per cent in the corresponding period of 2025.

The non-oil sector, which accounted for about 96 per cent of the economy, grew by 67 basis points to 4.31 per cent in the second quarter of 2026, compared with 3.64 per cent recorded in the second quarter of 2025. Non-oil sector growth was 3.94 per cent in the first quarter of 2026.

Non-oil sector performance was driven by growth across various segments, including crop production, telecommunications, real estate, trade, financial institutions, cement manufacturing and construction, among others.

The oil sector grew by 7.31 per cent in the second quarter of 2026, higher than the 2.57 per cent recorded in the first quarter of 2026, but lower than the 20.46 per cent recorded in the second quarter of 2025.

The industrial sector also grew by 3.96 per cent in the second quarter of 2026, as against 7.46 per cent recorded in the comparative period of 2025.

Average daily crude oil production rose to 1.72 million barrels per day (mbpd) in the second quarter of 2026, outperforming both the preceding quarter and the comparable period of 2025.

Crude production in the second quarter of 2026 was the highest since 2022. Oil production stood at 1.68 mbpd in the second quarter of 2025 and 1.55 mbpd in the first quarter of 2026.

The oil sector thus contributed 4.16 per cent to total real GDP in the second quarter of 2026, a sustained improvement on the 4.05 per cent recorded in the corresponding period of 2025 and 3.92 per cent recorded in the first quarter of 2026.

In nominal terms, total GDP rose by 18.43 per cent from N100.73 trillion in the second quarter of 2025 to N119.29 trillion in the second quarter of 2026.

In terms of GDP share, the services sector remained the dominant driver, contributing 56.62 per cent to aggregate GDP in the second quarter of 2026, as against 56.53 per cent recorded in the comparable period of 2025.

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The non-oil sector contributed 95.84 per cent to aggregate real GDP in the second quarter of 2026, as against 95.95 per cent in the second quarter of 2025 and 96.08 per cent in the first quarter of 2026.

Experts were unanimous that the latest GDP report showed a positive outlook for the economy.

Analysts at SCM Capital stated that the second-quarter 2026 GDP report underlined improved macroeconomic conditions and broad-based policy support, which have continued to anchor economic performance.

They said the report showed broad-based resilience, with an uptick in oil output reflecting gradual operational improvements and sustained field activity across major production basins, alongside a non-oil sector gaining stronger momentum.

Analysts at Coronation Group and Cordros Capital Group stated that the GDP performance outpaced their expectations, noting that the economy had shown resilience and steady growth.

sustained economic resilience, with growth anchored by the services sector alongside gradual improvement across non-oil activities.

“The outturn affirms our broader expectation of a steady, non-oil-led growth trajectory through the rest of the year,” Coronation Group stated.

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Update : NRC Releases Preliminary Report on Warri-Itakpe Train Crash, Says Wheel Defect May Have Triggered Derailment

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……NRC Suspects Wheel Defect, Rules Out Track Vandalism

The Nigerian Railway Corporation (NRC) has released its preliminary report on the June 8, 2026 derailment involving the Warri–Itakpe Train Service (WITS), revealing that a possible sudden bogie or wheel defect may have triggered the accident.

The incident occurred at about 4:17pm near the Outer Home signal of the Goodluck Jonathan Railway Station at kilometre 177, Owa-Oyibu, Agbor, Delta State.

According to the NRC, the train had departed Itakpe at 12 noon with 482 people on board, comprising 442 passengers and 40 operational personnel, when the derailment occurred.

Five coaches, one locomotive and a power car were affected, with three coaches and the power car overturning.

The Corporation said emergency response operations were immediately activated with support from the Delta State Government, the Nigeria Police Force, Federal Road Safety Corps (FRSC), National Emergency Management Agency (NEMA), local authorities and medical teams.

All passengers were evacuated within two hours of the incident.

However, the accident resulted in four confirmed deaths — three adults and one child — while 64 people sustained various injuries.

The NRC said 28 injured passengers were treated and discharged at the Railway Hospital, Owa-Oyibu, while another 36 were transferred to hospitals in Owa-Oyibu, Owa-Alero and Agbor.

Most of those admitted were discharged within 72 hours, while three people, including an NRC employee who required surgery, remained under specialist medical care. Two of the affected persons subsequently underwent surgical procedures.

The Corporation also clarified that its initial report of five fatalities was later revised to four following verification with the Delta State medical team responsible for the deceased.

Possible wheel defect identified

The NRC said its internal investigation involved site inspections, evidence gathering, examination of operational records and communication data, technical assessments of the locomotive and rolling stock, as well as interviews with train crew, operations and maintenance personnel, witnesses and emergency responders.

The investigation also examined the track infrastructure, turnout arrangements, communication systems and the effectiveness of the emergency response and evacuation operations.

Based on the preliminary findings, the NRC said investigators identified the possible sudden development of a bogie/wheel defect while the train was in motion as a potential primary factor in the derailment.

According to the Corporation, such a defect could have resulted in abnormal wheel-rail interaction, excessive impact loading and loss of running stability.

The investigators also identified the possible manner in which the train’s brakes were applied as a factor that may have contributed to the severity of the accident.

However, the NRC stressed that both issues remain working hypotheses and that the definitive cause of the derailment would only be established after further technical analysis.

No evidence of track vandalism

The Corporation said its inquiry team found that the railway points at the accident location were intact and that there was no evidence of track vandalism.

This finding distinguishes the June 8 incident from two previous accidents involving the same Warri–Itakpe service on November 1 and November 8, 2025, which the NRC said were attributed to track vandalism.

The independent Nigerian Safety Investigation Bureau (NSIB) has also commenced its statutory investigation into the accident.

The NRC said it was cooperating fully with the NSIB and would be guided by the findings and recommendations contained in its final report.

NRC announces safety measures

Following the preliminary findings, the Corporation recommended comprehensive safety inspections and audits of rolling stock, railway tracks and infrastructure before equipment is returned to service.

It also called for stronger maintenance and condition-monitoring programmes, timely replacement of defective components and improved availability of critical spare parts.

The NRC further recommended a review of operational safety procedures, improved emergency preparedness and rescue capabilities, enhanced staff training and competency assessments, as well as sustainable funding for railway modernisation.

The Corporation also proposed improvements to its insurance and compensation framework to ensure adequate protection for passengers and staff in cases involving medical treatment, disability and fatalities.

WITS service yet to resume

The NRC said the affected track has been fully recovered and restored, while the locomotives involved have also been recovered and are currently undergoing reconditioning.

However, the Corporation said the Warri–Itakpe service would not resume until a detailed safety audit of the track and equipment has been completed.

The NRC expressed condolences to the families of those who lost their lives in the incident and apologised for the delay in releasing the preliminary report, explaining that additional time was required to properly verify the casualties and notify the affected families.

The Corporation said it remained committed to implementing recommendations arising from both its internal accident inquiry and the independent NSIB investigation, with the aim of strengthening railway safety and restoring public confidence in train transportation.

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JUST IN: Nollywood Mourns as Taiwo Hassan ‘Ogogo’ Dies at 66

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I’m

Veteran Yoruba actor Taiwo Hassan, popularly known as Ogogo, has died at 66.

His daughter, Kira Taiwo, confirmed his passing during an Instagram Live session on Sunday.

The news comes days after Kira and her sister, Lima Taiwo, made public appeals on Monday, August 17, 2026, for medical advice for their father, who was battling stage-four cancer.

Kira said doctors had stopped chemotherapy because of his condition, and the family was seeking alternative treatments, including specialised procedures and traditional remedies.

She clarified that the family was not asking for financial donations, but for information on possible treatment options.

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