Taraba gov’t denies N1.2 trn debt

The Taraba State Government has debunked reports suggesting that the state’s debt portfolio had risen to N1.2 trillion.

The State’s Commissioner of Finance, Dr Sarah Adi Enoch, while reacting to the report during a press briefing in Jalingo, said the report does not reflect its officially recognised debt stock, which was contained in the latest available records of the Debt Management Office (DMO).

She revealed that the state domestic debt stood at N85.51 billion as of December 31, 2025, and not N1.2 trillion as claimed by reports sponsored by some mischief makers.

According to her, the current domestic debt figure of N85.51 billion represents a reduction of about N2.45 billion from the approximately N87.96 billion reported before the administration of Governor Agbu Kefas came into office.

She explained that the DMO had clarified that the Taraba debt figure contained in its March 2023 publication was actually based on the state’s position as of September 30, 2022.

Dr Sarah stated further that the latest DMO data showed that the state’s domestic debt stock as of December 31, 2025, was approximately N85.51 billion.

‘The official DMO figures do not support suggestions that Taraba State’s domestic debt profile rose to N1.2 trillion. That claim is not only false but a calculated attempt by mischievous groups to paint the Taraba government black,’ she said.

Speaking further on the state’s external debt, the commissioner said that the DMO had placed Taraba’s external debt at approximately $46.47 million as of December 31, 2022, compared with $48.04 million as of December 31, 2025.

Dr Sarah, however, described the movement in the external debt position as relatively modest and acknowledged the exchange rate risks associated with foreign currency obligations.

She said the Taraba State government would continue to ensure that external financing remained within the limits of fiscal sustainability and its repayment capacity.

Customs seizes N3.24bn contraband, recovers N729m revenue

The Nigeria Customs Service (NCS), Federal Operations Unit Zone ‘A’ (FOU ‘A’), Ikeja-Lagos, has intercepted 220 consignments of prohibited and smuggled goods with a combined Duty Paid Value of N3.24 billion and recovered N728.98 million in lost revenue.

The seizures, recorded during intelligence-led operations, included 4,956 bags of foreign parboiled rice, 12 foreign-used vehicles, 2,683 parcels of synthetic cannabis weighing 1,439.9kg, 240,000 tablets of Tramadol and 12,000 tablets of Hypnox.

The unit also intercepted 24,100 litres of Premium Motor Spirit (PMS), 686 cartons of foreign poultry products, 414 bales of used clothing, 2,947 used tyres, foreign vegetable oil, 22 elephant tusks weighing 130.84kg and other prohibited items.

Comptroller Gambo Aliyu, head of FOU ‘A’, who made the disclosure on Monday said the N728.98 million revenue recovery demonstrated the unit’s efforts to tackle leakages arising from under-declaration, false declarations and other customs fraud.

He urged importers, exporters and licensed customs agents to make accurate declarations and comply with customs regulations, warning that the unit would sustain its crackdown on smuggling and revenue evasion.

Aliyu said the interception of restricted food products and other imports would help protect local industries, support food security and safeguard legitimate government revenue.

He added that the seizure of illicit drugs and pharmaceutical products would help protect public health, while the recovery of elephant tusks supported efforts to combat illegal wildlife trafficking.

According to him, improved intelligence gathering, risk profiling and collaboration with sister agencies were central to the unit’s recent enforcement successes.

11 listed firms post N3.06tn half year profit

Eleven firms listed on the Nigerian Exchange Limited (NGX) posted a combined profit of N3.06 trillion in the first half (H1) of 2026, Daily Trust reports.

An analysis of the unaudited half-year results of the companies across the banking, manufacturing, telecommunications, energy, aviation handling, consumer goods and insurance sectors showed improved earnings momentum despite persistent economic pressures.

Experts identified geopolitical tensions, inflationary pressures, exchange rate volatility, inadequate electricity supply, energy costs, cybersecurity concerns, intensifying fintech competition and global economic headwinds as some of the challenges companies battled while striving to remain profitable.

Banking

FirstHoldCo Plc reported another outstanding financial performance for the half-year ended June 30, 2026. Most notably, profit before tax rose by 83.5 per cent to N653.5 billion. Gross earnings increased by 16.7 per cent year-on-year to N1.93 trillion from N1.66 trillion recorded in the corresponding period of 2025, while operating income grew by 25.8 per cent to N1.38 trillion.

The company said the results underscore its transition from recovery to sustainable growth and long-term value creation.

Profit after tax climbed by 81.6 per cent to N526.1 billion from N289.8 billion in the previous year.

Group Chairman of FirstHoldCo Plc, Femi Otedola, described the results as a significant achievement in the group’s transformation journey.

United Capital Plc also released its H1 2026 results, reporting a profit before tax of N24.78 billion for the six months ended June 30, 2026.

This represents a 79.62 per cent year-on-year increase from N13.79 billion recorded in the corresponding period of 2025.

Profit after tax rose by 77.45 per cent to N21.10 billion from N11.89 billion, while basic earnings per share increased by 77.27 per cent to 234 kobo from 132 kobo.

Manufacturing

Dangote Cement Plc, BUA Cement Plc and HBM Nigeria Plc posted a combined profit after tax of N1.17 trillion in the first half of 2026.

The three companies generated an additional N337.65 billion in net profit during the six months ended June 30, 2026.

Dangote Cement maintained its position as the industry’s largest player after posting a profit after tax of N638.53 billion, representing a 22.69 per cent increase from N520.46 billion recorded in the corresponding period of 2025.

Revenue grew by 21.35 per cent to N2.51 trillion from N2.07 trillion, while profit before tax rose by 34.43 per cent to N981.39 billion from N730.03 billion.

HBM Nigeria Plc also delivered a strong performance, with profit after tax rising by 57.03 per cent to N208.30 billion from N132.70 billion. Revenue increased by 31.23 per cent to N678.4 billion from N516.90 billion, while profit before tax climbed by 59.08 per cent to N317.73 billion from N199.74 billion.

BUA Cement recorded the strongest profit growth among the three manufacturers, with profit after tax surging by 79.59 per cent to N324.88 billion from N180.9 billion. Revenue rose by 25.61 per cent to N728.93 billion from N580.3 billion, while profit before tax advanced to N384.44 billion from N214.8 billion.

Telecommunications

MTN Nigeria Communications Plc recorded a profit before tax of N1.09 trillion for the first half of 2026, representing a 75.4 per cent year-on-year increase and its highest-ever half-year performance.

The strong result was driven by robust data demand, improved operating efficiency and lower borrowing levels.

The telecommunications giant also posted a 25.9 per cent increase in revenue to N2.99 trillion despite the challenging macroeconomic environment.

Profit after tax rose by 70.6 per cent to N707.5 billion. Consequently, the Board approved an interim dividend of N26 per share, payable on September 7, 2026, to shareholders on the register as of August 20, 2026.

The company’s balance sheet also strengthened during the period, with shareholders’ equity rising by 69.6 per cent to N930.6 billion, while earnings per share increased by 70.6 per cent to N33.76.

Chief Executive Officer Karl Toriola attributed the strong performance to sustained commercial momentum, improved profitability and robust cash generation despite persistent macroeconomic pressures.

Energy

Seplat Energy Plc reported a 498 per cent increase in profit after tax to $164 million during the period under review.

Revenue grew to $1.82 billion from $1.398 billion year-on-year, while cash generated reached $985.9 million.

Production averaged 139,509 barrels of oil equivalent per day (boepd) in H1 2026, up four per cent from 134,492 boepd recorded in H1 2025 and within the company’s 2026 production guidance of 135,000 to 155,000 boepd.

Gross profit rose by 68 per cent to $815.9 million from $484.6 million.

The company also announced an agreement with NNPC Limited to sell a 10 per cent interest in the NNPCL-SEPNU Joint Venture, a move expected to enhance shareholder returns and bring total expected dividends for 2026 to 68.3 US cents per share.

Chief Executive Officer Roger Brown said the company’s first-half performance benefited from favourable commodity prices, strong cash generation and disciplined balance sheet management.

Oando Plc also reported a strong financial and operational performance for H1 2026.

Revenue rose by 20 per cent to N2.1 trillion, while profit after tax increased by eight per cent to N68.6 billion. Gross profit surged by 331 per cent to N101 billion.

Average daily production rose by 16 per cent year-on-year to 42,789 boepd from 36,836 boepd in the corresponding period of 2025.

Aradel Holdings Plc recorded a 576.88 per cent increase in revenue to N2.49 trillion from N368.08 billion. Profit before tax stood at N752.71 billion, while profit after tax was N191.05 billion.

Aviation

Nigerian Aviation Handling Company (NAHCO) Plc sustained its growth trajectory in H1 2026, recording a 22 per cent increase in profit.

Gross revenue rose to N35.36 billion from N32.33 billion, while operating profit increased by 25.4 per cent to N14.59 billion.

Profit before tax improved by 21.8 per cent to N14.37 billion, while profit after tax rose by 22.2 per cent to N10.85 billion from N8.88 billion recorded in the corresponding period of 2025.

Insurance

AIICO Insurance Plc reported a 14.53 per cent year-on-year increase in insurance revenue to N74.93 billion from N65.43 billion.

Profit before tax rose by 20.63 per cent to N15.05 billion, while profit after tax increased by 18.94 per cent to N13.40 billion, reflecting improved underwriting margins and stronger investment income.

Consumer Goods

Unilever Nigeria Plc recorded a turnover of N119.9 billion during the period under review, representing a 22 per cent increase from N98.1 billion recorded in the corresponding period of 2025.

Gross profit grew by 30 per cent to N54.7 billion from N42.1 billion, while net profit increased to N15.6 billion from N14.4 billion.

Esiovwa-Thompson, 16, wins Nigeria’s first Commonwealth Fencing gold

Oghenegaren Esiovwa-Thompson made history at the Commonwealth Fencing Championships, winning Nigeria’s first-ever gold medal in the men’s U-23 epee.

The News Agency of Nigeria (NAN) reports that the event took place at Rugby School Nigeria in Atlantic City, Lagos.

The 16-year-old stunned the field, brushing aside three Indian opponents on his way to the podium.

His triumph sparked jubilation among fans and marked a defining moment for Nigerian fencing.

To claim the crown, Esiovwa-Thompson produced a masterclass in the final, defeating Asian champion Lokesh Vemani of India 15-6.

The Nigerian teenager showed composure and class against his more experienced rival, while India’s Godwin Natarajan and Ashwini Shaurya settled for bronze medals.

His path to glory was impressive, beginning in Pool 4, where he went unbeaten to top the group and earn a bye into the round of 16.

He defeated South Africa’s Karabo Mathobela 15-7 before overwhelming India’s Shivaansh Kapoor 15-2 in the quarterfinal.

The semifinal brought another Indian opponent, Ashwini Shaurya, but Esiovwa-Thompson held his nerve to win 15-11 and set up a final showdown with Vemani.

Speaking after his victory, Esiovwa-Thompson said he was delighted to have achieved the feat in Nigeria in front of his family and home supporters.

‘I’m just happy that I’m in Nigeria. I won in Nigeria in front of the Nigerians, in front of my grandma and grandpa,’ he said. (NAN).

Daily Trust Foundation hosts workshop on multimedia journalism for Zamfara editors

The Daily Trust Foundation has commenced a workshop on multimedia journalism for senior editors and news managers from the Zamfara State Media Corporation.

The workshop, which began on Monday, is designed to help participants gain practical knowledge of multimedia journalism and emerging digital media trends.

The workshop will run until Friday, August 21, 2026, at the Daily Trust headquarters in Abuja.

Chief Isiaq Ajibola, who represented the Chairman of the Daily Trust Foundation at the opening ceremony, urged journalists to embrace emerging digital technologies while maintaining the credibility and professional standards of journalism.

Chief Ajibola said the rapid transformation of the media industry had made continuous training necessary for journalists to remain relevant in the profession.

He said the media landscape had changed significantly over the past two decades, with news now reaching audiences instantly through digital platforms.

According to him, the training would provide participants with an opportunity to interact with modern newsroom facilities and understand how different media platforms operate together.

He noted that the programme would expose the journalists to the practical aspects of multimedia journalism, adding that the Daily Trust newsroom had evolved into a multimedia platform where newspapers, radio, television, digital platforms and social media work together.

He said, ‘The new media is changing every day,’ stressing that journalists must continuously update their knowledge to keep pace with developments in the industry.

He described the training as an opportunity for experienced journalists to refresh their knowledge, exchange ideas and gain a better understanding of emerging trends in journalism.

Also speaking at the event, Alhaji Ahmed Sani Tsafe, the Director of News and Current Affairs of Zamfara State Media Corporation, told participants that the state government decided to build the capacity of senior editors through the training as a way of repositioning the media in the North-West state.

He said the state had been collaborating with the Media Trust Group over the years and will continue to do so.

The training programme focuses on digital-first newsroom strategies, multimedia storytelling, audience engagement, social media governance, fact-checking, data journalism, data visualisation, audio and video editing, digital safety for journalists and platform-specific content production.

The programme also includes practical sessions and visits to different departments within the Daily Trust multimedia newsroom, where participants will learn how digital content is produced and distributed across various platforms.

The training is aimed at strengthening the capacity of journalists to produce credible, engaging and multimedia-driven content while maintaining professional and ethical standards in an increasingly competitive digital media environment.

The lead facilitator at the workshop is Dr Abdullahi Tasiu Abubakar of St George’s City University of London.

Whitecrust Expands to Kano, Targets 200,000 Indigenes for Economic Empowerment

In a major bid to deepen financial inclusion across Northern Nigeria, diversified investment and financial services enterprise, Whitecrust Investment Limited, has officially expanded its operational footprint to Kano State with the launch of its 10th branch on Tuesday.

The launch event was met with jubilation from civil servants, traders, and local entrepreneurs, signaling a fresh wave of financial accessibility for businesses and artisans across Nigeria’s most populous state.

Speaking during the commissioning ceremony, the Group Managing Director and Chief Executive Officer of Whitecrust Investment Limited, Kingsley Eremionkhale, FCA, disclosed that the firm plans to empower over 200,000 Kano indigenes with loans, investment opportunities, and business capital within its first year of operation.

Underlining the necessity of corporate interventions in regional economic development, Eremionkhale noted that government efforts alone cannot bridge the funding gap facing public sector workers and informal enterprise operators.

‘Kano civil servants, entrepreneurs, investors and traders need better support, and private businesses must complement the efforts of government,’ the seasoned businessman asserted.

‘We want to leave a lasting legacy, empower people, and create sustainable employment. We cannot achieve this without taking our services closer to the people through active physical expansion.’

Eremionkhale emphasised the company’s commitment to reaching populations that have traditionally lacked structured banking support.

‘Our core mission in coming to Kano is to financially include those that have been excluded from mainstream financial services,’ he stated.

‘We have recruited locally, and our products are specifically tailored towards Kano’s cultural and religious diversity. Servicing the businessmen and artisans in Kano will not be a problem.’

Addressing concerns about market dynamics in the region, the GMD expressed complete confidence in the company’s leadership and operational readiness to navigate the local business landscape.

‘Apart from being around for about five years, our management and promoters are seasoned bankers and experts in financial advisory services. We are well equipped to understand what is required in this part of the country,’ he noted.

‘In one year, we are looking at empowering over 200,000 Kano indigenes and potential customers with investments and loans.

‘We also intend to empower them through financial literacy because education is key. We are very sound in Corporate Social Responsibility (CSR) because every commercial relationship must be mutually beneficial. To further safeguard our clients, we have health insurance coverage tied directly to some of our financial products like Flexfund.’

He further revealed that the firm is tailoring its product architecture to meet specific local demand, including faith-compliant financial vehicles.

‘We have robust investment packages structured for micro and small-scale businesses, and we should also start halal investment options very soon,’ Eremionkhale said. ‘In addition, our operational frameworks are fully digitalised, allowing customers to connect with us seamlessly from anywhere in the country.’

Eremionkhale outlined Whitecrust Investment Limited’s long-term vision, pointing to sustainable impact and future institutional growth as central pillars of the company’s expansion agenda.

‘We operate with a focus and a legacy mindset,’ Eremionkhale remarked.

‘We want to leave a legacy, empower people, and create sustainable employment. We cannot achieve this without taking our services closer to the people through physical expansion. Looking ahead, in the next 10 years, we should have achieved a full commercial banking license.’

Gunshots as rival cult groups clash at Rivers varsity

Several gunshots were heard at the Ignatius Ajuru University of Education, Rumuolumeni, near Port Harcourt, Rivers State on Tuesday, as students scampered for safety.

Sources within the campus told newsmen that the incident occurred during the institution’s Jean Carnival, when members of the rival KK klans and Vikings confraternities engaged each other in confrontation over the control of the campus.

The incident has renewed concerns over cult-related violence in educational institutions and the need for stronger measures to protect students and staff.

Though no life was lost during the shootings, sources within the campus said the latest clash marked a shift from the frequent confrontations between suspected Vikings and Black Axe members in the institution to a rivalry between the Vikings and KKK groups.

It was gathered that both groups allegedly brought in ‘foreign’ members, (cult members from outside the university), ahead of the clash.

It was gathered that the confrontation may have been linked to a struggle for territorial control, with the rival groups allegedly seeking to establish dominance within the university environment.

The latest incident is coming amid reports of recurring cult-related clashes on the university campus over the past two years.

One of the notable incidents occurred on August 12, 2024, when suspected members of the Black Axe and Vikings cult groups reportedly clashed on the campus, leaving a student in a coma.

Police spokesperson in Rivers State, ASP Agabe Blessing Kaborlo, who confirmed the incident, said the situation has been under control, while investigation is ongoing.

She said, ‘Regarding this incident, it was a clash between two cult groups. The Police responded promptly and arrived at the scene in good time, successfully bringing the situation under control.

‘No shots were fired by the Police, as the officers only took proportionate measures necessary to contain and arrest the situation. No lives were lost. However, members of the groups fled the scene, while investigation is ongoing to identify and apprehend those involved.’

2027: Opposition revives coalition against Tinubu

Major opposition parties in the country are warming up to a fresh coalition aimed at presenting a common challenge to President Bola Ahmed Tinubu and the ruling All Progressives Congress (APC) in the 2027 presidential election.

The proposed alliance, being championed by the G-100, is seeking to bring together the African Democratic Congress (ADC), the Peoples Democratic Party (PDP), the Nigeria Democratic Congress (NDC), the Peoples Redemption Party (PRP), the Social Democratic Party (SDP) and the Allied Peoples Movement (APM).

The presidential candidates of the parties are; Atiku Abubakar (ADC), Peter Obi (NDC), Seyi Makinde (APM), Donald Duke (PRP), Adebayo Adewole Ebenezer (SDP) and Senator Sandy Onor (PDP).

The G-100, led by former Director-General of the Progressives Governors’ Forum, Salihu Lukman, in a statement yesterday, said opposition parties cannot individually muster the political strength required to defeat the ruling party and is therefore pushing for a consensus candidate and a united platform.

The initiative has received support from several of the parties, although political analysts say personal ambitions, rivalry among opposition leaders and the limited time available before the 2027 election could frustrate the effort.

The G-100 is expected to hold a summit on August 18 as part of efforts towards building consensus among the opposition parties, their presidential candidates, running mates and national chairmen.

The latest initiative is a revival of an earlier attempt by opposition parties to forge a common front. A similar proposal emerged at a summit in Ibadan last November but failed to produce a lasting alliance.

While some opposition leaders have expressed willingness to explore the new arrangement, analysts remain skeptical about whether presidential candidates who have spent years building their individual political ambitions will be prepared to step aside for a consensus candidate.

When contacted, most of the parties listed in the current coalition building confirmed to Daily Trust that they were aware of the development and welcomed the idea of the summit, saying it is the right path towards ensuring the change they are seeking.

Lukman had explained in an interview on Trust TV that If the opposition is really committed to Nigeria, the first thing to do is to do the needful and give Nigerians the confidence that there is an alternative.

He said, ‘Once they don’t come together, I don’t think Nigerians will bother themselves. And this is the message we have passed and we are still passing to the leaders of the opposition’.

‘Atiku amenable to any process that’ll deny Tinubu second term’

The media adviser to former Vice President Atiku Abubakar, Paul Ibe, said the ADC’s presidential candidate is amenable to any process that will deny the APC and President Tinubu a second term in office.

He told Daily Trust yesterday that while he could not confirm whether the G-100 had met with Atiku, the former vice president had never wavered on the coalition effort.

Ibe said: ‘He (Atiku) was one of the earliest people that started the discussions of opposition figures and even political parties coming together.

‘He was in Oyo State for the Ibadan declaration and summit, even though some of the actors of the Ibadan have moved on to other parties. But for him I do not think that anything has changed.

‘Atiku Abubakar believes in the efficacy that a bunch of broom will do far better that a single stick of broom. I believe that the Wazirin Adamawa will not shy away from anything that would bring the opposition together.

‘What the G-100 are saying aligns with what he has been saying since last year after the last election. He saw clearly that the best way and Nigerians also saw it and that was what led to the birth of the coalition.

‘A lot of water has passed under the bridge, but then politics is dynamic and I believe he will be amenable to any process that will make Nigerians to have their way, ensure that APC and President Tinubu are not handed a second term. So that Nigerians can begin to rebuild their country. ‘

The African Democratic Congress, ADC, on its part said it is open to any relationship or collaboration with any other political party that shares its vision and aspirations.’

The National Publicity Secretary of the ADC, Mallam Bolaji Abdullahi, also told one of our correspondents that the party is not averse to the coalition effort.

NDC, PRP confirm consultation

The Nigeria Democratic Congress (NDC) yesterday confirmed receipt of an invitation for the coalition summit.

Its National Publicity Secretary, Osa Director, told Daily Trust that ‘this is because the opposition parties will be stronger if they coalesce into one party to challenge the ruling party.’

According to him, the NDC is not opposed to the possibility of the opposition coming together.

He emphasised that such a proposition must take into consideration the strongest and most popular of the presidential candidates to lead it.

‘There is no gainsaying the fact that the NDC and its flag bearer is the most visible option for the opposition parties. Let’s also be mindful of the fact that we should not assume by the G-100 call to mean that only a two-party system can salvage Nigeria.

‘With the plethora of opposition parties, the electorate knows who their preferred candidate is,’ he stated.

An official of the PRP, who spoke to Daily Trust yesterday also confirmed that the G-100 coalition had reached out to the party ahead of the summit scheduled for Tuesday..

The official, who asked not to be named because he was not authorised to speak on behalf of the party, said the PRP would attend the summit. He said the coalition would produce a single candidate provided the various opposition parties and their candidates were willing to sacrifice their personal interests in the interest of the country.

The SDP’s national chairman, Professor Sadiq Umar Abubakar Gombe, could not be reached via calls and messages sent to his mobile telephone line seeking his response to the development.

The party’s spokesperson, Rufus Aiyenugba, said he could not comment because his phone was currently having issues.

Ambitions may scuttle coalition efforts again – Analysts

Political analysts, who spoke to Daily Trust, said it might be difficult for the opposition parties to adopt a single presidential candidate.

Professors Abubakar Kari and Saleh Dauda of the Political Science Department at the University of Abuja, in separate interviews with Daily Trust, said although a united opposition could pose a serious challenge to the APC, persuading presidential candidates to jettison their ambitions remains a major obstacle.

Kari said the initiative was not impossible because ‘politics is the art of the possible’, warning that the group was running against time.

He said the conclusion of party primaries and the emergence of candidates had narrowed the window for any major realignment, leaving mainly the possibility of candidate substitution.

‘They are really running against time. The primaries have been concluded. Candidates have emerged. They have been uploaded on the INEC portal and so on and so forth.

‘So, the only little window they have is the window of substitution,’ he said.

Kari identified political ambitions as the most formidable challenge facing the G100, saying many of the presidential candidates had worked for years to secure their tickets and were unlikely to easily relinquish their ambitions.

He cited the movements of some opposition figures between political parties in pursuit of their presidential ambitions as an indication of the difficulty involved.

‘I am not quite optimistic that many of the political gladiators, the high-profile politicians, who have secured presidential tickets, vice presidential tickets, will be favourably disposed to abandoning their ambitions,’ he said.

Kari predicted resistance from the APC, saying the governing party would deploy every available political means to frustrate the emergence of a united opposition.

‘APC will do whatever they can, including invoking, manipulating and compromising institutions, key institutions, to ensure that this grand idea is thwarted,’ he stated.

Kari said the three major challenges of time, political ambition and resistance from the ruling party implied that the G-100 had ‘its own work cut out for it.’

For Dauda, it is theoretically possible for leading opposition figures to unite behind one candidate.

He, however, expressed doubt that politicians would be willing to make the necessary sacrifices to achieve such an arrangement.

‘It is possible if the protagonists and opposition leaders like Atiku, Obi, Kwankaso can balance their differences and allow somebody, one person and support him for the presidential election, it would be very good. But I don’t see the possibility of these opposition leaders doing so,’ Dauda said.

He said the leading opposition politicians appeared convinced that they had a chance of winning the 2027 presidential election independently, making it difficult for them to step down for another candidate.

‘My understanding is that every Nigerian politician believes that there are chances of winning, even if others are seeing it the other way,’ he said.

Dauda, however, said a successful alliance would make the 2027 presidential election a much more competitive contest.

‘If they can come together, it will be very good. It will pose a serious challenge to the ruling APC government,’ he said.

He cautioned, however, against assuming that a united opposition would automatically defeat the APC.

‘When I say they will pose a challenge, I am very careful with my words. It doesn’t necessarily mean that even if they come together, they can defeat the present government,’ Dauda said.

According to him, an opposition alliance would instead make the election ‘a keen contest.’

A lecturer at the Kano State College of Arts, Science and Remedial Studies, Dr Kabiru Sa’idu Sufi, described the formation of the G-100 coalition as a significant but challenging attempt to unite the opposition parties against the ruling APC in 2027 presidential election.

He noted that alliances have long characterised Nigeria’s political history, citing examples from the First Republic when parties teamed up to challenge the dominance of the NPC, and in the Second Republic when opposition parties rallied against the NPN in 1983.

He recalled that similar coalitions such as the G-34 eventually metamorphosed into the PDP which won power in 1999.

‘Looking at this history, one can say that it is not a new thing. It signifies the general discontent among the opposition and the belief that only when they come together can they challenge the incumbent president,’ he said.

Sufi said the success of the G-100 would depend on the determination of its members to stay united.

‘We had seen how, in recent times, they came together under one political party and then some would leave. It all depends on the resolve of those who have formed the G-100 and their determination to stay together to challenge the ruling party,’ he stated.

On whether the coalition can sustain unity, Sufi expressed doubt, pointing to past experiences where opposition figures struggled to work under a single platform.

‘Some of them are strange bedfellows. Even within the same political party, they sometimes challenge one another. Their inability to stay together in one political party and form a formidable opposition shows it is a very difficult thing to achieve,’ he said.

According to him, while the G-100 represents a good strategy and a possible force against the APC, its durability will be hinged on whether its leaders can overcome personal ambitions and forge a common political position.

Heirs Life appoints Pastor Jerry Eze as independent director

Heirs Life Assurance, a specialist life insurance company under Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

The company said the appointment was part of its efforts to strengthen public trust, promote consumer education and expand insurance access and financial protection in Nigeria.

Nigeria’s insurance penetration remains below one per cent, according to industry estimates, highlighting the need to increase awareness and adoption of insurance products.

Eze, the Founder and Lead Pastor of Streams of Joy International Ministry, is also the convener of the New Season Prophetic Prayers and Declarations (NSPPD), a digital prayer platform with a large following in Nigeria and beyond.

He is also the founder of the Jerry Eze Foundation, through which he provides housing support and grants to vulnerable and underserved communities.

In 2026, Eze announced N1 billion in grants for young entrepreneurs in agriculture, technology and manufacturing.

Before becoming a full-time minister, Eze worked in development communications, including as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).

He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.

Speaking on the appointment, Chairman of Heirs Life Assurance, Tony O. Elumelu, said Eze’s experience and understanding of communities would contribute to the company’s efforts to expand insurance coverage.

‘Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities. As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians,’ Elumelu said.

He added, ‘We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.’

Responding to his appointment, Eze said he was honoured to join the company’s board at a significant time for the insurance industry.

‘Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience. I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian,’ he said.

Heirs Life Assurance is one of the three insurance businesses of Heirs Holdings, alongside Heirs General Insurance and Heirs Insurance Brokers.

The company said its insurance group serves more than three million people directly and indirectly through its businesses.

2027: Aliyu, Ike urge INEC to prove readiness with Osun election

The presidential candidate of the Action Democratic Party (ADP), Ambassador Aliyu Bin Abbas, and the party’s vice-presidential candidate, Hon. Chinazam Ike, have urged the Independent National Electoral Commission (INEC) to use the forthcoming Osun State governorship election as a test of its preparedness for the 2027 general election.

The duo made the call in a joint statement issued on Tuesday, saying the Osun election presented INEC with an opportunity to demonstrate its readiness to conduct free, fair, transparent and credible elections.

They urged the electoral commission to ensure that all stages of the electoral process, including voter accreditation, voting, counting, collation and declaration of results, are conducted in accordance with the law.

The ADP candidates said any challenges identified during the Osun election should be addressed ahead of the 2027 general election.

‘Osun should not be treated as just another off-cycle election. It should serve as a critical test of INEC’s readiness for 2027. Whatever shortcomings are identified must be corrected before the general election,’ they said.

They also called on political parties, candidates and security agencies to work towards ensuring a peaceful electoral environment.

The duo urged stakeholders to reject vote buying, intimidation, violence and other practices capable of undermining the electoral process.

They stressed the need for an electoral system in which the votes of Nigerians are protected and accurately reflected in the final results.

‘Let Osun set a new standard for electoral integrity and demonstrate that Nigeria is ready for a credible 2027 General Election,’ they said.