General News
No Plans to Sack Jega- Jonathan
President Goodluck Jonathan has restated that he has no plan to sack Attahiru Jega, chairman of the Independent National Electoral Commission (INEC), ahead of the March 28 and April 11 elections.
Speaking in an interview with Aljazeera, President Jonathan denied he was nursing such a plan and said that INEC is a sensitive and important institution and that removing its chairman arbitrarily would spark public outcry.
There has been speculation that the Federal Government was plotting to remove the INEC chairman before the elections.
Jega’s tenure ends in June but there are claims the administration plans to send him on a three-month pre-disengagement leave before the election.
The speculation followed allegations by the All Progressives Congress (APC) and the anti-Jega posturing of the Peoples Democratic Party as well as groups and individuals rooting for President Jonathan.
Last Thursday, senators of the APC, led by George Akume, said they had reliable Intelligence that Jega would be asked to proceed on pre-retirement leave this week through a letter that would originate from the office of the Head of Service of the Federation.
But president Jonathan said that “Except somebody is insinuating that the Chairman has done something wrong. You cannot change an officer, except the person has done something wrong,” Jonathan said in response to a question on Jega.
He added that “Government, whether at the federal or state level, president or governor, does not wake up and change somebody, especially somebody like the INEC Chairman, except that person has done something wrong.
“INEC is a very sensitive body. For me to change INEC Chairman Nigerians will ask questions. So, you cannot wake up and change INEC Chairman.”
He added that he had never discussed with “any human being on earth about changing INEC Chairman”.
Meanwhile, the House of Representatives yesterday passed a resolution warning the federal government of imminent danger that will lead to break down of law and order if the chairman of the Independent National Electoral Commission (INEC), is removed from office before the March 28 presidential poll.
The House at plenary presided over by the Speaker Aminu Waziri Tambuwal, urged the federal government, political class and the security agencies to heed the warning in the interest of the nation, not to interfere with the existing schedules of the general elections.
The House also said it would hold accountable at both domestic judicial forum or at the international criminal court, any person or organisation that foists on INEC any person or action whatsoever, that has the effect of making it impracticable for the election to hold on the 28th March and 11th of April 2015.
A motion under the matters of urgent national importance, moved by Rep Ali Ahmed (APC Kwara), noted that the initial postponement of the general election for six weeks due to the security concerns related to the Boko Haram insurgency has further heightened the tempo for pre-election violence.
He further warned that any alteration to the current arrangement in whatever form including but not limited to illegal removal of the current INEC chairman at this crucial stage would invariably lead to further postponement of the date of election.
He informed the House that already there is documented evidence from several sources that any change in status quo arrangement, especially removal of Jega ” present a possibility of violence” and would occasion the sowing of seeds of a major crisis.
He maintained that the civil society organisations and lawyers including usually reticent senior advocates of Nigeria have sounded “a note of warning” that such removal will be unconstitutional, giving the decision of the Supreme Court that removal of Jega or members of such an independent electoral body as INEC pursuant to section 157 of the constitution can only be achieve when two things happen, either his inability to discharge the functions of the office or for misconduct.
He added that any such deliberate induced violence as it did in 2011 post-election period into widespread or systematic attack, persecution, arson murder, thereby amounting to serious crime of concern to the international community as contained in article 5 of the 1998 Rome status of the international criminal court, to which Nigeria is a signatory.
However, the motion was challenged in a point of order moved by Deputy Minority Leader, Rep Leo Ogor (PDP Delta), who argued that the motion was totally speculative and that it will only bring confusion. He claimed that as it is, nobody is removing Jega as it was reported. His point of order was however over ruled by the Speaker who moved that the motion be read.
Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.
The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.
Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that can better serve Nigeria’s underserved and unbanked populations.
Speaking during a panel session titled “Social Inclusion, A Veritable Tool for Financial Inclusion,” Chika Nwosu joined other industry leaders to share insights on strengthening participation among women, rural dwellers, low-income earners, and other financially excluded groups.
Chika Nwosu highlighted PalmPay’s commitment to inclusive finance through its 500,000-strong agent network, which enables seamless cash-in/cash-out services for unbanked users across Nigeria. He also emphasised the importance of PalmPay’s USSD platform, 861#, which allows users with basic phones or limited internet access to perform essential financial transactions.
“Financial inclusion goes beyond access; it must be equitable and tailored to real-life needs,” Chika Nwosu said. He shared how PalmPay leverages behavioural insights to design impactful services, including affordable health insurance, reliable bill payments, merchant solutions, and automated savings features that support financial discipline among users.
The session further examined the role of grassroots agents and community touchpoints in driving last-mile adoption. Chika Nwosu noted that PalmPay’s widespread community presence continues to build trust and encourage excluded populations to embrace digital financial tools.
The session was moderated by Ronke Kuye of the CeBIH Advisory Council and featured representatives from E-Doc Online, SmartCash Payment Service Bank, SANEF, and EFINA.
PalmPay reaffirmed its commitment to driving accessible, secure, and inclusive financial services for all Nigerians. PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
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