Connect with us

News

Labour Party Stakeholders in Plateau North Endorse Gyang Zi’s Defection to APC

info

Published

on

Gyang Zi SAN

Key stakeholders of the Labour Party (LP) in Plateau North have resolved to leave the party, endorsing the defection of Hon. Gyang Yaya Zi, SAN, to the All Progressives Congress (APC). This decision was reached at an enlarged meeting held on Sunday, March 23, 2025, at Zi’s residence in Little Rayfield, Jos.

The gathering included LP candidates from the 2023/2024 general elections, party executives, and support groups from the six local government areas of the Northern Senatorial District. Discussions centered on the state of the Labour Party at both national and state levels, leadership struggles within the party, and the need for political realignment ahead of the 2025 party congresses and conventions.

Stakeholders expressed dissatisfaction with the current state of the party, citing unresolved leadership crises, structural deficits, and the lack of preparations for upcoming political activities. They noted that these challenges had left members in confusion and disillusionment.

In contrast, the meeting acknowledged what it described as the “giant developmental strides” of President Bola Ahmed Tinubu’s administration. It highlighted the need for Plateau State to align with the federal government to benefit from its policies and programs.

Stakeholders criticized the ongoing leadership tussle within the Labour Party, stating that it threatens democracy and has divided the party into factions, leaving members uncertain about their political future.

Given the structural weaknesses in LP, members resolved to advise Gyang Zi, SAN, to leave the party and join the APC. They expressed confidence that the APC would provide him with a platform to advance good governance.

The meeting emphasized the importance of political consultations, particularly with APC leaders at both state and national levels. It called for collaboration with Plateau State APC leaders, including Minister of Humanitarian Affairs Prof. Nentawe Yilwatda Goshwe, Sen. Simon Bako Lalong, Sen. Diket Plang, and other party officials.

Supporters of Gyang Zi pledged to mobilize grassroots support for the APC, stating that their leader’s defection would strengthen the party in the state.

Stakeholders urged the APC leadership to formally receive Gyang Zi and his supporters into the party, marking their official transition from the Labour Party.

The meeting reiterated the need for inclusive governance, ensuring that youths, women, and less privileged individuals are not sidelined in the democratic process.

Following these deliberations, stakeholders officially denounced their membership in the Labour Party, declaring their support for the APC. They assured that all LP structures aligned with Gyang Zi would follow suit, shifting their loyalty to the ruling party.

Additionally, the meeting congratulated Gyang Zi on his recent elevation to the rank of Senior Advocate of Nigeria (SAN), describing it as a testament to his leadership and credibility.

The resolutions were signed by key political figures, including former LP House of Assembly and local government candidates, party executives, and representatives of various support groups.

With this development, Gyang Zi’s defection to the APC is expected to reshape the political landscape in Plateau North, positioning him as a key player in the region’s political future.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Beyond the Touchline: Tikitaka FC Winger Boluwatife Kehinde Balances Football with Fashion Designing

info

Published

on

WhatsApp Image 2026 10 28 at 8.11.40 AM.jpeg

For Tikitaka FC right winger Boluwatife Kehinde, football is more than a game; it is a childhood passion he continues to pursue while building an identity outside the pitch through fashion design.

Kehinde, who joined Tikitaka FC about six to seven months ago, has experienced both good and difficult moments at the club, describing football as an activity he continues to enjoy despite the demands that come with the sport.

Read Also: Friday Elahor Raises Alarm Over Age Cheating, Fake Academies in Nigerian Football | Sports247 Nigeria

The winger identified sponsorship as one of the challenges facing his football journey, highlighting a concern that can affect players seeking opportunities to develop their careers and compete at a higher level.

Although he is still relatively new to Tikitaka FC, Kehinde has previously featured for several teams, including Remo FC and Shiny Star, alongside other sides during his playing career. His experience across different teams reflects his continued involvement in football over the years.

Away from the pitch, Kehinde works as a fashion designer , offering him another avenue to develop his skills beyond the game. However, football remains his central sporting passion, and he says he is willing to devote time to pursuing it.

His experience at Tikitaka FC has not been without tiring moments, and his plans for the future remain open as he continues to settle into the team.

For Kehinde, the immediate task is to keep working and make the most of his football journey while navigating the challenges that come with the sport. With more time at the club, his performances and development could help shape the next stage of his career.

His story reflects the reality of a player balancing sporting ambition with life beyond football, as he continues to pursue the game that has held his interest since childhood.

Continue Reading

Business

Coronation Insurance Seeks SEC Approval for Proposed Share Acquisition Scheme

info

Published

on

BY NKECHI NAECHE-ESEZOBOR—Coronation Insurance Plc has resubmitted its application to the Securities and Exchange Commission (SEC) for formal approval of a proposed scheme of arrangement that would allow its core shareholders to acquire the shares held by other shareholders in the company.

According to the notice to Nigeria Exchange  Limited, shareholders and the investing public, the company said it submitted the application on October 16, 2026, following the resolution of outstanding matters that had previously prevented the SEC from reviewing the proposal.

The proposed scheme follows a court-ordered meeting held on December 22, 2023, where shareholders considered and approved the arrangement between the company and holders of its fully paid ordinary shares.

The proposal was initiated by Coronation Capital (Mauritius) Limited and its related parties, collectively referred to as the core shareholders, to acquire the shares of other shareholders in Coronation Insurance.

The company applied to the SEC for formal approval on December 27, 2023. However, the commission was unable to proceed with its review because of certain pending matters.

According to the notification, those matters have now been resolved. Coronation Insurance subsequently wrote to the SEC on September 22, 2026, informing the commission of the development and requesting formal approval of the scheme.

The SEC acknowledged the conclusion of the outstanding matters in an email dated October 7, 2026, and requested that the company submit a formal application accompanied by all required documents. Coronation Insurance said it complied with the request on October 16, 2026.

The company also disclosed that it had informed the core shareholders of the developments, adding that they had confirmed their continued interest in proceeding with the scheme, provided its implementation complies with applicable laws, regulations, market rules and precedents.

Under the proposed arrangement, the consideration payable for the shares will be based on the highest trading price recorded for the company shares on NGX during the six months preceding the date of the notification.

The company stated that the consideration price remains subject to the receipt of all required regulatory approvals.

The notice added that the company said several steps remain before the scheme can be completed.

These include obtaining the SEC’s formal approval, securing an order from the Federal High Court sanctioning the scheme, and filing a certified true copy of the court order with the Corporate Affairs Commission.

The company will also be required to pay the scheme consideration to minority shareholders, apply to the NGX for the delisting of its shares and complete the delisting process.

Completion of the scheme remains subject to SEC approval, the sanction of the Federal High Court and the filing of the certified true copy of the court order with the Corporate Affairs Commission.

The company said it would continue to update shareholders and the investing public on further developments.

It also advised shareholders and investors to exercise caution when dealing in its shares until further announcements are made.

The post Coronation Insurance Seeks SEC Approval for Proposed Share Acquisition Scheme appeared first on Business Today NG.

Continue Reading

Trending