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APC, ADC absent as guber candidates endorse Osun Peace Summit

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Twelve of the 14 political parties contesting the August 15 Osun State governorship election endorsed peace and accountability commitments on Thursday.

DAILY POST reports that the All Progressives Congress, APC, and the African Democratic Congress, ADC, were absent from the signing ceremony held in Osogbo.

The Peace and Accountability Charters were signed during the Osun 2026 Democratic Governance, Peace and Electoral Integrity Summit, organised by the Osun Development Association, ODA, to encourage peaceful campaigns and responsible leadership before the governorship election.

Governor Ademola Adeleke, who is seeking a second term on the platform of the Accord, was represented at the event by the Commissioner for Industry, Bunmi Jenyo, who signed the documents on his behalf.

Representatives of the Action Alliance, African Action Congress, African Democratic Party, All Progressives Grand Alliance, Allied Peoples Movement, Action Peoples Party, Boot Party, New Nigeria Peoples Party, Peoples Redemption Party, Young Progressive Party and Zenith Labour Party also appended their signatures to the charters.

However, neither the candidates of the APC and ADC nor their representatives attended the summit or participated in the signing exercise.

Speaking at the event, Chairman of the Osun Development Association, Dr Segun Aina, whose address was delivered by Dr Tunji Olugbodi, described the two documents as significant commitments aimed at promoting peaceful elections and accountable governance.

Aina explained that the Peace Charter required political parties and candidates to reject violence, focus on issue-based campaigns, respect electoral institutions, protect voters, pursue legal channels for election disputes and maintain peace after the declaration of results.

He said, “Every party and every candidate that signs this Charter today does so publicly, before the people of Osun State.”

Aina further commended the parties that participated in the exercise, saying, “Your presence here today is itself a statement. It signals that you respect the democratic process. It signals that you understand that elections are won through ideas and not intimidation.”

The association’s chairman also appealed to the Independent National Electoral Commission, INEC, Osun Resident Electoral Commissioner, Oluwatoyin Babalola, to ensure that the election was transparent and credible, while urging security agencies to protect lives and property before, during and after the poll.

In a goodwill message delivered by Deputy Governor Kola Adewusi, Governor Adeleke reaffirmed his administration’s commitment to peaceful and credible elections across the state.

According to the governor, “Our belief is simply that no political ambition is worth the blood of any citizen and no office is more valuable than the life of a single man, woman or child.”

Representatives of the participating political parties also addressed the summit, pledging to comply with electoral laws and contribute to a peaceful and credible governorship election.

Fourteen political parties are expected to field candidates in the August 15 governorship election. Governor Adeleke is contesting for another term on the Accord platform, while Bola Oyebamiji represents the APC and Najeem Salaam is the candidate of the ADC.

The summit formed part of broader efforts by civil society organisations and election stakeholders to promote peaceful conduct, democratic accountability and electoral integrity ahead of the forthcoming Osun governorship election.

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Motsepe Urges Calm as FIFA Crisis Deepens, Backs March 2027 Election

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Confederation of African Football (CAF) President Patrice Motsepe has called for calm and unity amid the growing crisis within world football’s governing body, insisting that the FIFA presidential election in March 2027 should provide the appropriate platform for members to determine the organisation’s direction.

Speaking in Salzburg around the UEFA Super Cup, Motsepe said the current disagreements should not descend into prolonged internal conflict, urging all sides to respect FIFA’s electoral and governance processes.

Read Also: ‘Africa Must Protect Its Interests’ — CAF’s Lux September Speaks on FIFA Crisis | Sports247 Nigeria

FIFA’s 211 member associations are expected to decide the organisation’s leadership at the 77th FIFA Congress in Rabat, Morocco, on March 18, 2027. Current president Gianni Infantino is seeking another term.

Motsepe maintained that the election should allow the various candidates and member associations to make their positions clear through the established democratic process rather than through continued public confrontation.

The CAF president also reiterated his support for Infantino, describing him as a leader who has shown commitment to African football.

“Gianni Infantino has been loyal to Africa and has shown a deep commitment to African development and growth.”

His comments come amid a major dispute over FIFA’s proposed Forward Enterprise, which involved plans for private investment in FIFA competitions and triggered strong opposition from UEFA, CONCACAF and other stakeholders. FIFA eventually abandoned the proposal after widespread criticism over transparency and the consultation process.

Motsepe said the current situation should instead encourage dialogue, cooperation and respect for due process.

Africa’s position could be particularly influential at the election because CAF’s 54 member associations represent the second-largest voting bloc in FIFA, behind UEFA’s 55.

With the FIFA presidential contest approaching, Motsepe’s position keeps CAF firmly aligned behind Infantino while other confederations continue to demand changes in FIFA’s leadership and governance.

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Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval

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BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday said its positioning itself for a major market transformation.

With NAICOM verification now completed, the non-life insurer plans to deploy its strengthened capital position toward underwriting larger corporate risks, expanding digital infrastructure, and competing more aggressively for market leadership within Nigeria’s financial ecosystem.

A statement released by the insurer noted that, recapitalisation is not the destination. It is the platform for growth.

The statement further said is now focused on converting its enhanced capital position into greater underwriting capacity, stronger customer propositions, improved service delivery, strategic partnerships and sustainable market growth.

Commenting on the development, the Managing Director/Chief Executive Officer, Mr. Ademola Abidogun, said:

“Recapitalisation has given Guinea Insurance the strength to think bigger, compete harder and pursue opportunities with greater confidence. We have strengthened our capital; now we are focused on strengthening our position in the market.”

“Nigeria is a market of enormous opportunities, and Guinea Insurance intends to be at the forefront of capturing those opportunities. Whether it is supporting major corporates, SMEs, institutions or individuals, we are ready to provide the capacity, expertise and confidence that businesses need to grow.”

The completion of the recapitalisation also reinforces Guinea Insurance’s ambition to become a more competitive, innovative and customer-focused insurer, with increased capacity to participate in larger risks, develop relevant insurance solutions and deepen its relationships across the insurance value chain.

The Company will build on this stronger foundation through disciplined underwriting, technology and innovation, operational excellence, robust risk management and a relentless focus on customer experience.

It will also pursue strategic opportunities that expand its market reach and create sustainable value for shareholders and other stakeholders.

According to the Company, the objective is clear: to turn capital strength into market strength.

Guinea Insurance expressed its appreciation to its shareholders, investors, policyholders, brokers, employees, business partners, regulators and other stakeholders whose confidence and support contributed to the successful completion of the recapitalisation exercise.

As Guinea Insurance enters its next phase, the Company is looking beyond compliance and capital adequacy. It is preparing to compete for bigger opportunities, serve more customers, support more businesses and deliver greater value across the Nigerian economy.

The post Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval appeared first on Business Today NG.

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