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MONDAY 20TH OCTOBER 2025

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PDP: Govs Abandoning Platform That Brought Them to Power Will Soon Regret

Says they’re defecting because of greed, selfishness and covetousness Boasts it's unfazed, focused on Ibadan convention Insists the people, not governors make parties

Chuks Okocha in Abuja

Peoples Democratic Party (PDP),

yesterday, said the governors and others who were abandoning the platform that brought them to

power would soon regret their actions. PDP accused governors

defecting from its fold to the ruling All Progressives Congress (APC) of greed, selfishness, and

covetousness, insisting that Nigerians would ultimately decide their fate in the 2027

general election. The opposition

party

Continued on page 5

Ned Nwoko Accuses Wife, Regina Daniels, of Drug-fuelled Violence...

Page 35

Monday, Monday,October January20, 6, 2025 Vol Vol29. 30.No No10865. 11152. Price: N400

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ACHEBE HOSTS OFALA FESTIVAL IN ONITSHA...

L–R: Globacom’s representative, Tochukwu Okechukwu; the Obi of Onitsha, His Royal Majesty Nnaemeka Alfred Achebe; and member, Ofala Organising Committee, Chief I. K. Osakwe, at the Globacomsponsored Ofala Festival in Onitsha on Saturday

FAAC: NUPRC Remitted N6.2tn Revenue in 9 Months Despite Oil Output Fluctuations

Transfers represent over 11.4% of Nigeria's N55 trillion 2025 budget NNPC submits report on alleged $42.3bn discrepancies Under-remittance document covers 2011 to 2017

Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) made a total payment of N6.215 trillion to the Federation Account between January and September 2025, consolidating its position as one of the federal government’s biggest revenue contributors this year. The figure, presented in the commission’s latest revenue report to the Federation Account Allocation Committee (FAAC) held in Abuja on October 16, 2025, reflected the cumulative transfers to the Central Bank of Nigeria (CBN) during the Continued on page 5

MEETING WITH THE IMF MD...

L-R: The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva; Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso; and Minister of state for Finance, Dr. Doris Uzoka-Anite, at the International Monetary and Financial Committee (IMFC) meeting during the 2025 Annual Meetings of the International Monetary Fund and the World Bank, in Washington


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