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APC In Lagos Hails Sanwo-Olu’s Tribunal Verdict To Promotes Unity In Governance
APC In Lagos Hails Sanwo-Olu’s Tribunal Verdict To Promotes Unity In Governance....KINDLY READ THE FULL STORY HERE▶
The Lagos State chapter of the All Progressives Congress (APC) has extended congratulations to Governor Babajide Sanwo-Olu and his Deputy, Dr. Obafemi Hamzat, following their victory at the Lagos State Governorship Election Petition Tribunal on Monday.
Mr. Seye Oladejo, the Publicity Secretary of the ruling party, expressed their felicitations in a statement, emphasizing that the tribunal’s validation of Sanwo-Olu and Hamzat’s win reaffirmed the authenticity of their mandates.
Oladejo further conveyed the party’s congratulations to all Lagos residents and, particularly, APC members who worked diligently during the elections. He highlighted that the tribunal’s decision reflected the majority of voters’ choice for developmental and progressive governance, reinforcing their preference for responsible leadership.
The statement from Oladejo reiterated the party’s firm belief that the petitions submitted by their opponents were merely academic exercises by disgruntled losers, a perspective validated by the tribunal’s verdict.
Furthermore, the Lagos APC expressed its commitment to delivering traditional service excellence through elected and appointed representatives, ensuring the delivery of democracy’s desired dividends to the people.
Oladejo concluded by extending an olive branch to all individuals, including political opponents, encouraging them to join hands in advancing the progress of Lagos State.
The Lagos State Election Petition Tribunal had unanimously affirmed Babajide Sanwo-Olu as the legitimate winner and duly elected candidate of the March 18 gubernatorial election. The tribunal’s 11-hour judgment upheld Sanwo-Olu and Hamzat as the victors of the governorship race, dismissing the two petitions filed by the Peoples Democratic Party (PDP) and its governorship candidate, Abdul-Azeez Adediran, as well as Mr. Gbadebo Rhodes-Vivour, the Labour Party Governorship Candidate for Lagos State.
During a press conference in Lagos, Christopher Imumolen, the National Chairman and factional presidential candidate of the Accord Party, announced his withdrawal from the 2027 presidential race to endorse President Bola Tinubu’s re-election bid.....KINDLY READ THE FULL STORY HERE▶
During a press conference in Lagos on Friday, Imumolen explained that the choice followed thorough consultations within the party, emphasizing that national interest must outweigh personal political ambitions. He noted that despite ongoing economic challenges like inflation and security, the administration’s long-term reforms and people-oriented programs make a Tinubu victory inevitable in 2027, warning that a change in leadership would reset developmental progress.
Outlining a 10-point rationale for the endorsement, Imumolen pointed to Tinubu’s courage in driving tough economic reforms, commitment to youth empowerment by appointing young Nigerians to strategic positions, and alignment with the Accord Party’s manifesto. He further asserted that no current opposition candidate holds a stronger prospect of victory and dismissed claims that the endorsement stems from weak party structures, maintaining that the decision is entirely focused on ensuring political stability and national development.
The Presidency has rejected calls for the sacking of EFCC Chairman Ola Olukoyede following the anti-graft agency’s decision to freeze the Osun State Government’s accounts days before the August 15 gubernatorial election.....KINDLY READ THE FULL STORY HERE▶
The EFCC had placed a “Post No Bill” order on the accounts on Wednesday, citing suspicious transactions and an ongoing investigation since March 2026, asserting its legal right to freeze accounts for 72 hours based on reasonable suspicion. However, President Bola Tinubu intervened on Thursday, directing the commission to unfreeze the accounts and labeling their action embarrassing due to its timing and political optics.
Following this intervention, opposition figures intensified pressure on Olukoyede to resign. Major Agbo, National Chairman of the NNPP, criticized Tinubu’s directive as undermining the EFCC’s independence by creating the appearance that the commission takes orders from the President, while Yunusa Tanko of the Obidient Movement suggested Olukoyede should step down to protect his personal integrity.
Conversely, sources within the Presidency indicated that while President Tinubu was frustrated with the timing of the move, it does not signal the end of Olukoyede’s tenure, with one official noting that a disagreement with the President is not grounds for dismissal.
In a related development, court documents obtained by SaharaReporters revealed that the EFCC had secured a formal order from the Federal High Court in Abuja on Tuesday, August 5, 2026, to freeze three Osun State Government accounts over allegations of public fund diversion and money laundering. This order authorizes the agency to restrict transactions pending the conclusion of its investigation and potential prosecution.
Market sources indicate that parallel market (black market) operators in Lagos traded the dollar at a selling rate of ₦1430 and a buying rate of ₦1415 on Friday, August 7, 2026.....KINDLY READ THE FULL STORY HERE▶
Meanwhile, official rates via the Central Bank of Nigeria (CBN) recorded a high of ₦1367 and a low of ₦1363. Please note that the CBN does not officially recognize parallel market transactions and advises individuals to conduct foreign exchange dealings through authorized banking channels. Actual transaction rates may also vary depending on specific market conditions and locations.
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