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Aggrieved PDP Govs Consider Fresh Options As Reconciliation Moves Wane

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The five aggrieved Peoples Democratic Party governors  on Sunday met with other party heavyweights where they discussed fresh options as the hopes of reconciling with the camp of the PDP Presidential candidate, Atiku Abubakar, seems to be fading.

This is happening as the camps of the All Progressives Congress presidential candidate, Bola Tinubu and his Labour Party counterpart, Peter Obi, expressed willingness to seek the support of the governors to actualise their aspirations.

However, speaking after their closed-door meeting in Lagos, the governors said the window of reconciliation with Atiku was still open.

At the meeting were governors Nyesom Wike (Rivers); Seyi Makinde (Oyo); Samuel Ortom (Benue); Ifeanyi Ugwuanyi (Enugu); Okezie Ikpeazu (Abia);  former deputy national chairman of the party, Chief Olabode George; former governors Ayodele Fayose (Ekiti); Donald Duke (Cross River), Olusegun Mimiko (Ondo), and Jonah Jang (Plateau).

Also present were a former Attorney-General and Minister of Justice, Mohammed Adoke; Deputy National Chairman, South of the PDP, Taofeek Arapaja; Senator Nasif Suleiman; Senator Sandy Onor and Senator Sam Ohabunwa.

The meeting was held days after the governors unveiled the PDP governorship candidate in Rivers State, Siminalayi Fubara.

They had earlier held meetings in Enugu, Benue and outside the country.

The governors are at loggerheads with Atiku over the refusal of the PDP National Chairman, Iyorchia Ayu, to resign.

Speaking at the meeting, Makinde said though he and his colleagues were the face of their struggle, it had the backing of the leaders and elders of the party who were present.

He stated, “We are here this morning to hold a meeting of the Integrity Group within our party, the PDP. We have been of the G5 – that is, the five PDP governors. The G5 is all about the Integrity Group.

“You can see us, five serving governors, as the face of this struggle, both the leaders and elders of the party that you see here are the people behind those faces. We are in the South-West to review the situation within our party, to review where we are and to also look at what is going to happen in the coming elections.’’

Shortly after the closed-door meeting, Jang reiterated that they were still maintaining the stand they took at their last meeting in Port Harcourt.

“After a careful review of developments in our party, we have decided to stand on the decisions we took in our Port Harcourt meeting. And we hereby reiterate that the window for reconciliation in our great party, PDP, remains open,” he said.

The governors then proceeded to George’s house in Ikoyi where Wike addressed the party faithful with promises of support for the candidates in the coming election.

Our correspondent gathered that the Integrity Group would soon take a decision on the presidential candidate they intended to support if the expected truce with Atiku fails. Already, sources at the meeting said the group had reached a point where a major decision would be taken

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Tinubu, Fubara Meet in London, Suspension Soon to Be Lifted – Report

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President Bola Tinubu has held a private meeting with suspended Rivers State Governor Siminalayi Fubara in London, as part of efforts to resolve the political crisis rocking the oil-rich state, according to The Africa Report.

The paper reported that the meeting took place last week following Tinubu’s departure from Paris, and that the talks were initiated at Fubara’s request, amid his growing efforts to regain his position following his suspension and the imposition of a state of emergency in Rivers State.

During the meeting, Fubara reportedly pledged to make certain concessions in a bid to ease tensions. A senior presidential adviser, who spoke on condition of anonymity, revealed that negotiations are still ongoing but suggested that Fubara’s suspension is likely to be lifted before the six-month period elapses.

Another aide to the president indicated that Fubara is considering joining the ruling All Progressives Congress (APC), a move that could improve his standing with the presidency and enhance Tinubu’s political influence in the state. “If Fubara joins the APC, the president’s chances of winning Rivers State will increase significantly,” the aide noted.

Notably absent from the London talks was former Rivers Governor and current FCT Minister Nyesom Wike, who is reportedly uneasy about being sidelined in the reconciliation process. However, President Tinubu is expected to facilitate a broader meeting involving Fubara, Wike, and members of the Rivers State House of Assembly to find a lasting resolution to the impasse.

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Pope Francis is Dead, Says Vatican

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Pope Francis has died, the Vatican has announced in a video statement.

The first Latin American leader of the Roman Catholic Church, died at the age of 88 at 7:35 am (0535 GMT) on Monday, said Cardinal Kevin Farrell in a statement published by the Vatican on its Telegram channel.

Francis had suffered various ailments in his 12 year papacy, with severe complications in recent weeks after a bout of double pneumonia for which he spent five weeks in hospital.

His death comes one day after a brief appearance before thousands of Catholic pilgrims gathered in St Peter’s Square for the Vatican’s open-air Easter Sunday mass.

Source: Aljazeera

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IMF Scores Tinubu’s Economic Reforms Below Pass Mark

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The International Monetary Fund (IMF) says that Nigeria faces significant uncertainty in its economic outlook despite wide-ranging reforms.

It, however, noted that the gains are yet to benefit all Nigerians with poverty and food insecurity remaining high.

Concluding its 2025 Article IV Consultations with Nigeria’s public policy executives during the week, IMF’s team, led by Axel Schimmelpfennig, its mission chief for Nigeria, acknowledged that Nigeria has taken important steps to stabilize the economy, enhance resilience, and support growth.

The IMF team had met with Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Minister of Agriculture and Food Security, Abubakar Kyari, Central Bank of Nigeria Governor, Yemi Cardoso, senior government and central bank officials, the Ministry of Environment, the private sector, academia, labour unions, and civil society.

Although the IMF representatives said these reforms have put Nigeria in a better position to navigate the external environment, the macroeconomic outlook remains marked by significant uncertainty.

They said that the elevated global risk sentiment and lower oil prices would impact the Nigerian economy.

They, therefore, recommended that macroeconomic policies need to further strengthen buffers and resilience, reduce inflation, and support private sector-led growth.

The final report of the consultations stated: “The Nigerian authorities have taken important steps to stabilize the economy, enhance resilience, and support growth.

‘‘The financing of the fiscal deficit by the central bank has ceased, costly fuel subsidies were removed, and the functioning of the foreign exchange market has improved.

‘‘Gains have yet to benefit all Nigerians as poverty and food insecurity remain high.

‘‘The outlook is marked by significant uncertainty. Elevated global risk sentiment and lower oil prices impact the Nigerian economy.

‘‘The reforms since 2023 have put the Nigerian economy in a better position to navigate this external environment. ‘‘Looking ahead, macroeconomic policies need to further strengthen buffers and resilience, while creating enabling conditions for private sector-led growth.

“The authorities communicated to the mission that they will implement the 2025 budget in a manner that is responsive to the decline in international oil prices. A neutral fiscal stance would support monetary policy to bring down inflation.

‘‘To safeguard key spending priorities, it is imperative that fiscal savings from the fuel subsidy removal are channeled to the budget.

‘‘In particular, adjustments should protect critical, growth-enhancing investment, while accelerating and broadening the delivery of cash transfers under the World Bank-supported program to provide relief to those experiencing food insecurity.

“A tight monetary policy stance is required to firmly guide inflation down. The Monetary Policy Committee’s data-dependent approach has served Nigeria well and will help navigate elevated macroeconomic uncertainty.

‘‘Announcing a disinflation path to serve as an intermediate target can help anchor inflation expectations.”

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