Politics
Breaking: Financial Reporting Council Suspends NIMASA’s Financial Statements-Imposes N500m Fine (See Details)
The Financial Reporting Council of Nigeria (FRC) has taken decisive action against the Nigerian Maritime Administration and Safety Agency (NIMASA), suspending its audited financial statements for the year ended December 31, 2018, and imposing a hefty N500 million fine….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

According to a statement released on Thursday, the FRC, committed to stringent enforcement of standards, cited the FRC Act 2011 (as amended) and the Financial Reporting Council of Nigeria-Guidelines/Regulations for Inspection and Monitoring of Reporting Entities as the basis for its actions.
The council also suspended the FRC registration numbers of the certifiers of NIMASA’s 2018 audited financial statement, Dr. Bashir Jamoh (FRC/2017/CIANG/00000016699), and Chudi Offodile (unregistered), rendering them unable to certify any financial statements in Nigeria.
The notice specified, “The 2018 Audited Financial Statements of NIMASA are hereby withdrawn, and NIMASA is directed to restate its 2018 audited financial statements.” NIMASA was instructed to publish, within seven working days, in at least two national newspapers (full page), that their 2018 financial statements were withdrawn due to non-compliance with Financial Reporting Standards.
The FRC emphasized that NIMASA must commence the process of restating the 2018 audited financial statement in line with the FRC Act. This restatement will set the foundation for preparing and submitting audited financial statements for the years ended December 31, 2019, 2020, 2021, and 2022.
Furthermore, NIMASA was mandated to file the restated financial statements for 2018, along with management letters from external auditors, with the Council within 60 days. The FRC underscored that this action against NIMASA serves as a stark reminder to all reporting entities of their duty to comply with prescribed standards and regulations.
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Electoral Shockwave: Yobe APC Chairman Orders Wives To Dump Husbands Over Voting Rights, Vows To Pay New Bride Prices!.
The Yobe State Chairman of the All Progressives Congress (APC), Mohammed Gadaka, publicly advised married women to seek a divorce from their husbands if their spouses prevent them from voting for the APC in upcoming general elections. Gadaka issued this directive on Thursday while welcoming hundreds of new defectors into the party. To reinforce his statement, he committed to paying the new bride price for any woman who chose to dissolve her marriage out of loyalty to the party.....KINDLY READ THE FULL STORY HERE▶
The remarks immediately generated widespread outrage throughout the state. Local residents and Islamic scholars strongly condemned the comments, characterizing them as reckless, provocative, and deeply damaging to traditional family values.
Faced with mounting criticism, Gadaka issued a retraction via a 42-second video shared on the Facebook page of Mamma Mohammed, the Director-General of Press and Media Affairs to Governor Mai Mala Buni. In the video, the APC chairman claimed his remarks had been misinterpreted and were merely intended as playful banter, drawing on traditional joking relationships between the Ngamo and Kare-Kare ethnic groups. Clarifying that his words did not reflect his true principles or aim to promote marital separation, Gadaka formally apologized and withdrew the statement.
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Police Shocker: Force Drops Heavy Reason Why Officers Will NOT Leave Osun State After Election!.
The Nigeria Police Force has confirmed that officers deployed for the August 15, 2026, Osun State governorship election remain in the state, while strongly denying claims that they are facing harsh conditions or a lack of basic welfare. In a statement issued on Friday, Force Public Relations Officer CSP Ani Iniedu explained that the extended presence is a standard post-election strategy designed to prevent violence, handle emerging threats, and facilitate a smooth transition back to regular policing based on operational requirements.....KINDLY READ THE FULL STORY HERE▶
Addressing allegations of abandonment, the Force rejected the notion of institutional neglect, stating that all deployed personnel have received their approved entitlements and that command structures are actively managing their welfare. Iniedu warned that framing a strategic security deployment as neglect is misleading and risks damaging both personnel morale and public trust.
Reaffirming the police’s dedication to officer welfare, the Force urged media and the public to verify information before publishing unverified claims from unnamed sources that could disrupt security operations or mislead the public.
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Political Blockbuster: Kenneth Okonkwo Drops Massive Secret, Confirms All Opposition Heavyweights Have Chosen Atiku For 2027!.
Kenneth Okonkwo, a campaign spokesman for African Democratic Congress (ADC) presidential candidate Atiku Abubakar, has asserted that opposition leaders have united behind the former Vice President as their consensus choice for the 2027 presidential race. Speaking during a Thursday interview on Channels Television, Okonkwo stated that this unified coalition originally agreed to adopt the ADC as their shared platform on July 2, 2026, with prominent figures like 2023 Labour Party presidential candidate Peter Obi present for the decision. According to Okonkwo, Atiku’s recent decision to challenge President Bola Tinubu to a debate stems directly from his standing as the undisputed leader of this opposition movement.....KINDLY READ THE FULL STORY HERE▶
Elaborating on the formation of this coalition during an interview with Channels Television on Thursday, Okonkwo revealed that multiple opposition figures initially converged to adopt the ADC as their collective political platform on July 2, 2026. He noted that key political actors—including the 2023 Labour Party presidential candidate, Peter Obi—were physically present when this foundational agreement was finalized.
Addressing the subsequent political alignment of Peter Obi, Okonkwo discussed Obi’s transition to the Nigeria Democratic Congress (NDC). Okonkwo maintained that, based on a judicial ruling, the NDC currently functions legally as a political association rather than a fully recognized political party, a status that is presently undergoing the appeals process. Furthermore, Okonkwo criticized Obi’s departure from the original coalition framework, claiming that Obi was strategically lured away from the ADC and has consequently landed in a politically precarious position within the NDC.
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