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House of Reps Threatens to Arrest CBN Gov, Cardoso, Others

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The House of Representatives Committee on Public Petitions has issued a warrant of arrest on the Central Bank Governor, Olayemi Cardoso, for refusing to appear before it to answer questions on the oil sector.

The committee also ordered the arrest of the Accountant General of the Federation, Oluwatoyin Madein, and 17 others.

Among the 17 to be arrested are the heads of National Petroleum Investment Management Services (NAPIMS), Ethiop Eastern Exploration and Production Company Ltd, and Western Africa Exploration and Production.

Others are heads of Alteo Eastern E&P Co. Ltd., First Exploration & Production Ltd., The Md, First E&P Oml 8385 Jv, Heirs Holdings Oil and Mobil Producing Nigeria Unlimited (MPNU).

Also listed are Shell Petroleum Development Company (SPDC), Total Exploration & Producing Nig (TEPN), Nigeria Agip Oil Company (NAOC), Pan Ocean Oil Nig, Ltd, Newcross E&P Ltd and Frontier Oil Ltd.

The decision was taken on Tuesday during the sitting of the committee while considering a petition filed by one Fidelis Uzowanem.

The Chairman of the Committee, Michael Etaba (APC, Cross River), said Mr Cardoso and others have refused to honour its invitations.

Subsequently, a member of the committee, Fred Agbedi (PDP, Bayelsa), moved the motion to issue the warrant of arrest.

Mr Agbedi said the concerned persons should be made to appear before the committee on 14 December.

The motion was adopted by the committee, which ordered the Inspector General of Police, Kayode Egbetokun, to execute the warrant.

Section 89 of the 1999 constitution gives the National Assembly and its committees the power to issue arrest warrants in the course of an investigation.

Section 89 of the Constitution stated that “For the purposes of any investigation under section 88 of this Constitutional and subject to the provisions thereof, the Senate or the House of Representatives or a committee appointed in accordance with section 62 of this Constitution shall have power to –

“Issue a warrant to compel the attendance of any person who, after having been summoned to attend, fails, refuses or neglects to do so and does not excuse such failure, refusal or neglect to the satisfaction of the House or the committee in question, and order him to pay all costs which may have been occasioned in compelling his attendance or by reason of his failure, refusal or neglect to obey the summons, and also to impose such fine as may be prescribed for any such failure, refused or neglect; and any fine so imposed shall be recoverable in the same manner as a fine imposed by a court of law.

“(2) A summons or warrant issued under this section may be served or executed by any member of the Nigeria Police Force or by any person authorised on that behalf by the President of the Senate or the Speaker of the House of Representatives, as the case may require.

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Anthony Joshua Makes Historic Comeback, Beats Prenga via TKO

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Two-time heavyweight world champion Anthony Joshua survived two early knockdowns on the way to a second-round knockout of Kristian Prenga on Sunday, his triumphant ring return paving the way for a blockbuster all-British bout with Tyson Fury.

The fight at the Jeddah Superdome was Joshua’s first since he was involved in a car crash in Nigeria in December that killed two of his close friends, Sina Ghami and Latif Ayodele.

The 36-year-old choked up when asked in the ring about his friends and the emotions of the past seven months, but said his second-round revival was down to more than pure punching power.

“That was spirit, that was Latz, that was Sina. That was family,” he said.

The devastating accident occurred little more than a week after Joshua demolished YouTuber-turned-boxer Jake Paul in a controversial Netflix-backed bout in December.

Joshua’s last prior competitive appearance in the ring was his fifth-round knockout loss to IBF world champion Daniel Dubois at Wembley Stadium in September 2024.

He improved to 30-4, with 27 wins by knockout, but not without drama.

Albania’s Prenga, a knockout artist who had 20 wins inside the distance in 21 prior fights, sent Joshua to the canvas with a right uppercut just 20 seconds into the bout.

He had Joshua on the ropes again, his legs shaky, before sending him down a second time late in the first round.

But Joshua steadied in the second, backing Prenga into the corner behind his jab, shrugging off more heavy blows from the Albanian before inflicting damage of his own with his left hand.

A brutal combination capped by a big right finally sent Prenga crashing through the ropes to end it at 2:43 of the second round.

Joshua and Fury now appear set for their “Battle of Britain” in November, at a venue still to be announced.

Fury, like Joshua a former two-time heavyweight world champion, did his part to make the long-anticipated fight happen, stopping Mariusz Wach in a low-key bout in Pattaya, Thailand, on Friday.

Fury, 37, outclassed Wach in front in the Thai resort city, chipping away relentlessly at the 46-year-old until he was pulled out by his corner in the seventh round.

It was Fury’s second win in as many contests this year in his return from a 16-month layoff.

– ‘We’re here now’ –

Fury wasn’t ringside in Jeddah as many had anticipated, but Joshua had a message for him even so.

“I’m gonna rip his heart out! I’m the meanest, most vicious champion that has ever been. Nobody can stop me,” he said.

“All jokes aside, there’s two sides of this thing,” Joshua added. “One is fire. You have to have that vim, that (roar). But also, there’s respect.

“I respect everything he has done and everything that he has achieved.

“But as a fighting person and someone who has been calling for this fight for a long time, we’re here now.”

Promoter Eddie Hearn, also speaking inside the ring in the wake of the bout streamed on DAZN, said the contract to fight Fury was signed.

“Everything’s done,” Hearn said. “But to be honest with you, tonight is all about the strength that (Joshua) showed to even be here tonight, and the strength that he had to show in that fight.”

Hearn said that as the first round unfolded, he feared Joshua had come back too soon after the traumatic loss of his friends.

But a beaming Joshua was bullish on the future.

“I can’t be stopped,” he said. “I’m not going to be stopped. I’m not going to be denied.”

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Atiku Tackles Obasanjo over Impeachment Sponsorship Claims Involving Na’Abba

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Former Vice President Atiku Abubakar has questioned why former President Olusegun Obasanjo waited until after Ghali Umar Na’Abba’s death to allege that he paid the former House of Representatives Speaker N5 million to initiate impeachment proceedings against him.

Atiku said raising the allegation when Na’Abba could no longer respond denied Nigerians the opportunity to hear the other side, describing it as a politically motivated attempt to damage his reputation and boost the electoral fortunes of Obasanjo’s unnamed kinsman ahead of the 2027 presidential election.

Obasanjo alleged in a letter to former Governor of Ogun State, Olusegun Osoba that Atiku invited Na’Abba to the Presidential Villa while he was away and convinced the former speaker that he should serve only one term.

The former president claimed the alleged payment formed part of Atiku’s attempt to seize power by “hook or by crook”.

However, Atiku rejected the allegation as politically motivated in a statement issued on Friday by his Senior Special Assistant on Public Communication, Phrank Shaibu.

The African Democratic Congress (ADC) presidential candidate aid the timing of Obasanjo’s allegation showed that it was intended to influence the political contest ahead of the 2027 general election.

Atiku accused his former principal of attempting to tarnish his reputation to give an unfair political advantage to an unnamed kinsman.

“Coming at a time when the political landscape ahead of the 2027 general election is taking shape, the obvious objective is to besmirch my person and reputation and confer an undeserved political advantage on the former President’s kinsman,” he said.

Atiku argued that Nigerians were too discerning to be distracted by an allegation revived for political convenience.

He challenged Obasanjo to openly identify and support his preferred presidential candidate instead of attempting to shape public opinion through claims that could no longer be independently tested.

“If former President Obasanjo has chosen to take a political position ahead of 2027, he should simply declare it and allow Nigerians to judge it on its merits,” Atiku said.

The former vice-president questioned why Obasanjo waited until after Na’Abba’s death to repeat the allegation, saying the timing denied Nigerians the opportunity to hear the former speaker’s version of events.

He also maintained that the bribery allegation had no judicial or official backing.

Atiku argued that Obasanjo’s government controlled the full powers of the Nigerian State and could have investigated and prosecuted any criminal conduct if credible evidence existed at the time.

“If there was indeed evidence of any criminal conduct as alleged, Nigerians are entitled to ask why no action was taken at the time by a government that wielded the full powers of the Nigerian state,” he said.

Atiku linked Obasanjo’s continued hostility towards him to their disagreement over the alleged attempt to secure a third presidential term.

He said he opposed the plan because it threatened Nigeria’s constitutional democracy and refused to sacrifice democratic principles for Obasanjo’s personal ambition.

The ADC leader recalled that he successfully challenged actions taken against him by the Obasanjo administration through a series of court cases.

“Rather than surrender democratic principles on the altar of personal ambition, I defended the Constitution and successfully asserted my rights through the courts in a series of landmark legal victories against a sitting President,” he said.

Atiku described those legal battles as an important part of Nigeria’s democratic history, insisting that Obasanjo had not overcome the bitterness created by their confrontation.

He said he would not allow himself to be dragged into a prolonged dispute over past political battles while Nigerians faced worsening economic hardship, hunger, unemployment and insecurity.

Atiku said his attention remained on presenting credible alternatives, protecting democracy, demanding accountability and working with patriotic Nigerians to restore competent and transparent leadership.

“Nigerians deserve solutions to today’s problems, not recycled political tales from yesterday,” he declared.

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UK PM Burnham Unveils 10-Year Plan, Begins Cabinet Overhaul

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The new British Prime Minister, Andy Burnham, on Monday, unveiled a 10-year plan to tackle the country’s economic and social challenges as he began reshaping his government, with Chancellor Rachel Reeves among senior ministers leaving the Cabinet.

In his first speech outside 10 Downing Street, Burnham said his government would introduce measures to ease the cost-of-living crisis, end rough sleeping, build more council homes and devolve more powers away from Westminster.

“This moment will be a circuit breaker for Britain,” Burnham said, adding that details of the government’s cost-of-living package and how it would be funded would be announced from Tuesday.

According to the BBC, Reeves announced on X that she was stepping down as Chancellor of the Exchequer, describing it as “the privilege of my life” to have served in the role. The broadcaster reported that Burnham had offered her another senior cabinet position, but she declined.

The cabinet reshuffle also saw Foreign Secretary, David Lammy, Housing Secretary, Steve Reed and Business Secretary, Peter Kyle leave government as Burnham assembled his own team.

Speaking to reporters after his Downing Street address, Burnham said he would examine the tax-free personal allowance ahead of his first Budget in the autumn but acknowledged that raising the threshold would have significant fiscal implications.

He also pledged to reform England’s social care system, saying he did not want to leave office without fixing a problem that had persisted for decades, while reaffirming his commitment to existing fiscal rules.

The BBC also reported that Burnham held his first conversation with a foreign leader after taking office, speaking with U.S. President Donald Trump.

The resignation of the outgoing Prime Minister Keir Starmer saying he was leaving office “with good grace” and “a smile.”

Burnham is expected to continue announcing appointments to his new Cabinet as his administration takes shape, according to the BBC.

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