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SPN Mourns Passing Of Former Deputy Gubernatorial Candidate In Oyo State
SPN Mourns Passing Of Former Deputy Gubernatorial Candidate In Oyo State....KINDLY READ THE FULL STORY HERE▶
Comrade Ebunoluwa Famuti, the former deputy gubernatorial candidate of the Socialist Party of Nigeria (SPN) in Oyo State during the 2019 elections, has passed away at the age of 55. Famuti, who was also a staff member of the Nigeria Union of Local Government Employees (NULGE) in Oyo State, was laid to rest in her hometown, Uso, Ondo State.
Confirming her death, the SPN released a statement signed by its state secretary, Comrade Ayodeji Adigun. The statement described Famuti as not only a dedicated member of the SPN but also an active participant in the Democratic Socialist Movement (DSM), which formed the SPN along with other activists. She was known for her passionate support for social justice and her readiness to contribute materially to advance various struggles.
Famuti’s generosity extended to providing her vehicle, used for commercial purposes, at no cost for the SPN’s campaign in 2019. She was actively involved in the party’s activities, attending meetings, participating in interventions in the struggles of working people, and distributing literature to promote socialist ideas.
The SPN expressed condolences to Famuti’s family, NULGE, friends, and associates, urging workers, youths, and the masses to join in the party’s mission for socialist transformation in Nigeria. They emphasized that this was the only system that could ensure the better society Famuti had tirelessly advocated for.
During an interview on Channels Television’s ‘Politics Today’, former minister Rotimi Amaechi dismissed recent comments made by FCT Minister Nyesom Wike regarding his selection as a running mate, stating that he does not respond to subordinates and noting that Wike never employed him.....KINDLY READ THE FULL STORY HERE▶
Additional context regarding the political exchange includes:
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Wike’s Remarks: During a media briefing, Wike alleged that Amaechi’s selection was financially motivated rather than strategic, questioning his electoral viability and political influence post-2011.
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Amaechi’s Response: Maintaining that he is currently focused on mourning, Amaechi indicated that he intends to respond more forcefully once his campaign activities officially begin.
During an interview on TVC News, former Lagos State Peoples Democratic Party (PDP) chairman Deji Doherty disputed claims that Chief Olabode George is a founding father of the party, asserting instead that George was introduced into the party’s leadership by former President Olusegun Obasanjo around 1999.....KINDLY READ THE FULL STORY HERE▶
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Criticism of Leadership: Doherty argued that Obasanjo’s decision to entrust the management of the Lagos State PDP chapter to George was a mistake and that the affairs of the state branch were poorly handled.
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Internal Party Crises: Displaying reconciliation documents during the broadcast, he noted that past efforts by respected party elders to resolve internal party disputes have failed to secure long-term peace.
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Call for Youth Empowerment: Doherty emphasized that the ongoing leadership struggles should pave the way for a younger generation to take charge of the nation’s political future, regardless of party affiliation.
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Parallel (Black) Market Rates: According to Bureau De Change (BDC) sources in Lagos for Tuesday, August 4, 2026, the parallel market traded the US Dollar at a buying rate of ₦1,410 and a selling rate of ₦1,425.....KINDLY READ THE FULL STORY HERE▶
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Official CBN Rates: Central Bank of Nigeria figures recorded rates ranging from a low of ₦1,361 to a high of ₦1,364.
Key Advisory Notes
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Regulatory Stance: The CBN does not officially recognize the parallel market and advises individuals engaging in foreign exchange transactions to utilize authorized banking channels.
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Price Variance: Actual market transaction rates may differ across various dealers and locations due to continuous market fluctuations.
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