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Damagum misses out as PDP governors target North-Central for new chairman

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As the PDP grapples with internal challenges, the selection of a new chairman is seen as a critical step towards stabilising the party’s structure and restoring confidence among its grassroots supporters.
The Peoples Democratic Party (PDP) is undergoing internal reshuffling as governors within the party reportedly agree to appoint a new national chairman from the North-Central region.
This decision effectively sidelines the current acting chairman, Ambassador Iliya Damagum, as the party seeks a consensus leader.
The top contenders for the position are former Benue State Governor Gabriel Suswam and Dr. Emmanuel Agbo, the Director-General of the PDP Governors’ Forum. Both figures are considered neutral options that could help bridge the party’s divisions.
This move comes ahead of the PDP’s crucial National Executive Committee (NEC) meeting scheduled for October 24, 2024. The meeting is expected to address the ongoing factional battles that have created unrest within the party’s top hierarchy.
According to party insiders, governors are keen on selecting a leader who is not aligned with any warring factions to foster unity.
A statement released by ex-officio members of the NEC emphasised the urgency of holding the upcoming meeting.
“We have viewed with utter dismay and concern the dangerous turn of events within the top echelon of our party. These events have the tendency to shake the very foundation of our party,” the statement read.
The NEC members also highlighted the importance of following the party’s constitution, which mandates quarterly meetings to resolve disputes.
“It is regrettable that our party has not adhered to the provisions of its own constitution, which would have nipped in the bud many unresolved issues.”
As the PDP grapples with internal challenges, the selection of a new chairman is seen as a critical step towards stabilising the party’s structure and restoring confidence among its grassroots supporters.
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What we discovered in drug markets can destroy a nation – NAFDAC boss

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8 hours agoon
March 14, 2025By
John
The National Agency for Food and Drug Administration and Control (NAFDAC) says its discoveries at the three open drug markets could destroy the lives of millions of Nigerians.
Its Director-General, Prof. Mojisola Adeyeye, disclosed this during a news conference in Lagos on Friday.
The News Agency of Nigeria (NAN) reports that NAFDAC started enforcement operations at the Idumota Open Drug Market, Ariaria Drug Market in Aba and Bridge Market in Onitsha on Feb. 10.
Adeyeye said that 100 40-feet truckloads of fake, banned, unregistered drugs and narcotics were evacuated from the markets.
According to her, the enforcement operations at the markets, which serve as distribution hubs of over 80 per cent of medications, will rid the country of falsified and unregistered drugs.
Adeyeye said, “What we found during our enforcement operations in Idumota, Aba and Onitsha open drug markets can ruin a nation and reduce the quality of life of Nigerians.
“If a patient with diabetes or hypertension takes some of the drugs we evacuated, such a person or people can die easily with what we found.
“In Onitsha and Aba, we evacuated close to 80 40-feet truckloads of drugs from the markets and various warehouses where drugs were stored without windows.
“We discovered 12 truckloads of tramadol and four truckloads of codeine syrups that were banned for treatment some years ago in the plumbing line, fashion line and wood section in the market.
“We have already destroyed 27 40-feet truckloads of drugs we evacuated from Idumota market.”
She said the agency would not relent in its efforts to checkmate market activities until they relocated to a coordinated wholesale centre.
Adeyeye said the enforcement operations at Idumota and Aba markets concluded on Feb. 28, while the exercise ended on March 5 in Onitsha.
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Nollywood actress Chika Ike shows off post-baby body

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11 hours agoon
March 14, 2025By
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Nollywood actress, Chika Ike, has shown off her post-body weeks after giving birth to her daughter. The filmmaker announced the birth of her first child on March 6, 2025. Taking to her Instagram page on Friday, she shared photos of herself and her baby, all bundled up in from a snowy location. Doctors appointment on a snowy day! Thanks sweethearts for all the congratulatory messages. Love you and God bless, she captioned the post. The post Nollywood actress Chika Ike shows off post-baby body appeared first on Linda Ikeji Blog.
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Gold tops $3,000 for first time on Trump tariff threats

Published
14 hours agoon
March 14, 2025By
John
Gold surpassed $3,000 for the first time Friday as US President Donald Trump’s trade wars boost the safe-haven asset, while stock markets bounced on hopes US lawmakers will avert a government shutdown.
US shares rose in early deals after slumping in recent sessions while Asian equities ended the week on a positive note.
European stock markets were also given a lift in afternoon deals after Germany moved closed to approving a massive infrastructure and defence spending programme.
In Washington, with just hours until a deadline to push a Republican spending bill through, Senate Democratic leader Chuck Schumer dropped his threat to block it.
The package would keep government operating through September, but Democrats have come under pressure from their grassroots to defy the plan, which they say is full of harmful spending cuts.
Stocks gained support from “a burgeoning sense that a government shutdown will be averted after Senator Schumer said he will vote for House-passed continuing resolution,” said Patrick O’Hare, analyst at Briefing.com.
O’Hare said stocks were also getting a boost from speculation China will announce more stimulus measures, and from reports that meetings between Canadian and US officials may have made some progress towards easing trade tensions.
London’s FTSE 100 index rose as the pound dropped against the dollar, after data showed the UK economy unexpectedly shrank in January.
In the eurozone, Paris and Frankfurt both rebounded after losses the previous day on US tariff threats.
Germany’s likely next chancellor Friedrich Merz said his conservatives had struck a deal with the Greens on massively boosting defence and infrastructure spending, paving the way for the plan’s approval in parliament.

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– Times of uncertainty –
Gold, a safe haven in times of uncertainty, rose as much as $3,004 an ounce before paring back gains later in the day to trade under $3,000.
The precious metal was “boosted on increased haven demand amid trade war risks and recent stock market volatility”, said Fawad Razaqzada, analyst at City Index and Forex.com.
In the latest salvo, Trump threatened to impose 200 percent tariffs on wine, champagne and other alcoholic beverages from European Union countries.
His threat came after the bloc’s planned levies on American-made whiskey and other products in retaliation to US levies on steel and aluminium.
Trump said he would not row back on the metals duties, nor plans for sweeping tariffs on countries worldwide due to kick on April 2.
Wall Street has been hammered in recent sessions by trade tensions, with the S&P 500 slipping into a correction Thursday, having fallen more than 10 percent from its recent peak — a record high touched just last month.
In company news, shares in Gucci-owner Kering slumped more than 11 percent in Paris as the group appointed a new creative director to helm its struggling flagship brand.
Shares in BMW were in the red as the Germany automaker warned that trade tensions between the United States, Europe and China would cost the company $1 billion this year.
Major conglomerate CK Hutchison Holdings — owned by tycoon Li Ka-shing — tumbled in Hong Kong after Chinese officials in the city reposted an newspaper opinion piece attacking the firm over its sale of a controlling stake in Panama ports under pressure from Trump.
It had surged as much as 25 percent after the sale last week.
– Key figures around 1340 GMT –
New York – Dow: Up 0.6 percent at 41,037.37 points
New York – S&P 500: UP 1.1 percent at 5584.42
New York – Nasdaq Composite: UP 1.8 percent at 17,611.92
London – FTSE 100: UP 0.5 percent at 8,583.13 points
Paris – CAC 40: UP 0.9 percent at 8,012.07
Frankfurt – DAX: UP 1.6 percent at 22,940.17
Tokyo – Nikkei 225: UP 0.7 percent at 37,053.10 (close)
Hong Kong – Hang Seng Index: UP 2.1 percent at 23,959.98 (close)
Shanghai – Composite: UP 1.8 percent at 3,419.56 (close)
Euro/dollar: UP at $1.0893 from $1.0849 on Thursday
Pound/dollar: DOWN at $1.2939 from $1.2948
Dollar/yen: UP at 148.57 yen from 147.75 yen
Euro/pound: UP at 85.40 pence from 83.75 pence
Brent North Sea Crude: UP 0.3 percent at $70.14 per barrel
West Texas Intermediate: UP 0.3 percent at $66.81 per barrel
The post Gold tops $3,000 for first time on Trump tariff threats appeared first on Vanguard News.
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