News
Dele Momodu Regrets Spending ₦50M on PDP Nomination Form, Criticizes Monetized Politics
Dele Momodu, the publisher of Ovation Magazine and former 2022 presidential aspirant under the Peoples Democratic Party (PDP), has expressed regret over spending approximately ₦50 million on the party’s presidential nomination form.
Speaking in an interview on Eden Oasis, Momodu described the 2022 PDP primary as heavily monetized and revealed that one of the candidates distributed $30,000 to each of the 774 delegates who voted during the election.
Reflecting on the influence of money in Nigerian politics, Momodu lamented the difficulty of competing with wealthy candidates.
He stated that he would only consider running for president again if there is a consensus among key political figures who believe he is the best person for the role. “Experience is the best teacher,” he said, adding that unless a major party adopts him as a consensus candidate, he would not pursue another run.
Momodu also emphasized the financial power wielded by some politicians, noting that they are able to distribute huge sums of money with ease, making it nearly impossible for candidates without vast financial resources to compete.
He described Nigeria’s political process as being driven by money, which he believes is often untraceable and hidden outside the banking system.
Despite his loss in the 2022 primary, where he did not secure any votes, Momodu remains vocal about the state of Nigerian politics and the impact of money on elections.
News
FG Extends NYSC Orientation Camp From 3 to 6 Weeks
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
News
Is Lagos Sinking? Residents Raise Concerns as Flooding Worsens
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
News
Federal Government Clarifies Position on Proposed Tax Recommendations
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
