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
FCCPC to Find Out Why Uber Exited Nigeria Amid Consumer Concerns
It has been reported that the Federal Competition and Consumer Protection Commission (FCCPC) is planning to investigate and find out why Uber left Nigeria.
While FAAN has shared that it had no involvement in Uber’s exit, the FCCPC stated that it will find out what led to the decision, following concerns and complaints from users about the company’s exit.
FAAN also shared that it understands consumers’ concerns, as people are worried about the holiday period, when people coming into the country may need rides and Uber is no longer available, as it was a reliable source of transportation.
Business
FAAN Breaks Silence on Claims Over Uber’s Departure From Nigeria
Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.
The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.
FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.
FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”
News
Governor Umo Eno Reveals He Made ₦10m Monthly Selling Akara And Bread
Governor of Akwa Ibom, Pastor Umo Eno, reflected on a career choice he made when he had no choice back then.
The governor recalled how he made not less than ₦10 million in a month from selling bread and akara.
He stated “I started selling Akara and bread. Back then, I was doing Akara Burger — we opened the bread and put Akara inside for you. I made not less than ₦10 million in a month.”
Many Nigerians reacted and wondered if his reflection was in response to what the First Lady advised Nigerians earlier about selling corn.
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