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Edun, Dangiwa Resign from Tinubu’s Cabinet, Not Sacked

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The Presidency has dismissed reports suggesting that the former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, was removed from office by President Bola Ahmed Tinubu, clarifying that he voluntarily resigned on health grounds.

In a statement issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, it was confirmed that Edun formally tendered his resignation before the President announced a replacement on Tuesday.

Similarly, the former Minister of Housing and Urban Development, Ahmed Musa Dangiwa, also stepped down from his position, expressing appreciation to the President for the opportunity to serve in the Federal Executive Council.

Mr. Edun, who marked his 70th birthday on Monday and has recently experienced health challenges, submitted his resignation on the same day. In his letter, he thanked the President for the opportunity to serve the nation.

“It has been an honour to be part of your administration and the Renewed Hope Agenda,” he wrote.

“Under your leadership, Nigeria has become stronger, more stable, and more respected internationally.

“I wish you continued success in the years ahead.”

Before his exit was officially announced by the Office of the Secretary to the Government of the Federation, Edun paid a farewell visit to President Tinubu at the State House on Tuesday. He later left following a private meeting that lasted about an hour, indicating his intention to focus on personal engagements.

Ahmed Musa Dangiwa, a professional architect, previously served as Managing Director of the Federal Mortgage Bank from 2015 to 2022 and as Secretary to the Katsina State Government before his appointment as minister in August 2023.

Edun, an economist and investment banker, served as Lagos State Commissioner for Finance between 1999 and 2004 during Tinubu’s tenure as governor.

He earlier worked at Chase Merchant Bank in Lagos from 1980 to 1986 before joining the World Bank under its Young Professionals Programme, where he contributed to economic and financial projects across Latin America and the Caribbean.

In 1989, he co-founded Investment Banking & Trust Company Limited (now Stanbic IBTC) and later established Denham Management Limited in 1994, which evolved into the Chapelhill Denham Group. He served as chairman of the company from 2008 to 2021.

President Tinubu has commended both Edun and Dangiwa for their service and contributions to the administration’s economic reform agenda, and wished them success in their future endeavours.

The President has also directed the newly appointed Minister of Finance, Taiwo Oyedele, to consolidate ongoing reforms and strengthen the administration’s fiscal and economic policies with renewed focus, discipline, and innovation.

In addition, President Tinubu is expected to forward the nomination of Muttaqha Rabe Darma, also from Katsina State, to the Senate for confirmation as Minister of Housing.

The post Edun, Dangiwa Resign from Tinubu’s Cabinet, Not Sacked appeared first on Business Today NG.

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Supreme Court Upholds APP’s Registration, Ends Deregistration Battle Ahead of 2027 Elections

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BY NKECHI NAECHE-ESEZOBOR—The Supreme Court has brought an end to the legal dispute over the status of the Action Peoples Party (APP), affirming that the party remains duly registered and eligible to take part in the 2027 general elections.

The apex court struck out Appeal No. SC/CV/248/2026 after the appellant, Mr Blessing Elujiuba, voluntarily withdrew the case, bringing the challenge to a close.

This decision leaves intact earlier judgments delivered by both the Federal High Court and the Court of Appeal, which had upheld the party’s legal recognition.

The ruling was delivered on May 12, 2026, by a five-member panel of the Supreme Court led by Justice John Inyang Okoro, who noted that the matter was withdrawn without objection from other parties.

The court subsequently dismissed the appeal following its withdrawal, formally ending the proceedings at the apex level of the judiciary.

The case involved the Independent National Electoral Commission (INEC), the Action Peoples Party (APP), and the party’s National Chairman, Uche Kingsley Nnadi.

The initial legal action had sought to force INEC to remove APP from its register on the allegation that it failed to meet constitutional requirements under Section 225A of the 1999 Constitution.

However, earlier rulings had found that APP met the necessary legal conditions for continued registration, citing evidence of electoral participation and victories at local government level.

The courts also upheld the interpretation that fulfilling any of the conditions outlined in Section 225A is sufficient for a political party to retain its registration status.

With all tiers of the judiciary aligned in its favour, APP’s legal standing remains intact, clearing the party to continue preparations for the 2027 elections without any outstanding court challenge.

The post Supreme Court Upholds APP’s Registration, Ends Deregistration Battle Ahead of 2027 Elections appeared first on Business Today NG.

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EXCLUSIVE: Nigeria’s nuclear power programme plans still alive – IAEA DG

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The Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, said discussions on Nigeria’s nuclear power programme remain alive, amid continuous technical engagements with concerned authorities in the West African country.

Mr Grossi disclosed the progress made on the nuclear power arrangement with Nigeria while responding to a PREMIUM TIMES’ enquiry at an IAEA programme in Vienna, Austria.

The IAEA DG said the agency continues to work with Nigeria on its nuclear power plan and IAEA officials had held visits and technical meetings with relevant stakeholders to actualise the dream.

In May 2024, while on a visit to Nigeria for a seminar on ‘Promoting Cancer Awareness and Advocacy Programmes’, Mr Grossi expressed the agency’s readiness to support Nigeria’s efforts to develop a nuclear power programme during meetings with senior government officials, including the Secretary to the Government of the Federation, George Akume.

Speaking during the visit, he described Nigeria’s pursuit of nuclear energy as “a logical move for a country of your (Nigeria’s) size and importance.”

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When this newspaper asked Mr Grossi about the progress of the discussions and technical meetings since the visit two years ago, the IAEA DG reassured that discussions are still ongoing.

“We have continued working with Nigeria, I have to tell you. It’s not that after that visit, things stopped. We have continued at technical levels, some visits, and technical meetings,” the IAEA DG said.

He noted, however, that no final decision has been taken on the programme, adding that Nigeria’s status as a big crude oil-producing nation makes its situation quite different from other economies.

“There hasn’t been a decision yet. There is like a pre-decision to explore the alternative. Of course, your country (Nigeria) is a big oil producer country, an exporter, etc. So the discussion in your country is different from that in other countries,” the DG said.

The IAEA boss insisted that the conversation around the programme is still alive, but Nigeria’s energy options are quite diversified.

“It’s a matter of diversification more than a matter of need, maybe. But the conversation space is pretty much alive, I must say,” Mr Grossi said.

Nigeria’s nuclear energy programme operates under the guidance and safety standards of the International Atomic Energy Agency (IAEA), aiming to add clean, stable nuclear electricity to the national grid. The programme is managed primarily by the Nigeria Atomic Energy Commission (NAEC) and is said to be advancing through the foundational infrastructure phases and planning stages.

READ ALSO: Survival logic of nuclear deterrence: The Iranian, Israeli, and American conundrum, By Jacob Edi 

Earlier in September 2023, Nigeria signed its Country Programme Framework (CPF) for the period of 2024–2029 on the margins of the General Conference. A CPF is the frame of reference for the medium-term planning of technical cooperation between a Member State and the IAEA and identifies priority areas where the transfer of nuclear technology and technical cooperation resources will be directed to support national development goals.

Nigeria has been an IAEA Member State since 1957 and, according to the agency, its 4th CPF covering the period 2024 – 2029 identifies five priority areas, such as nuclear and radiation safety and security; food and agriculture; health and nutrition; water and environment; as well as energy planning and development.

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