Politics
Just In: Hayatu-Deen withdraws from PDP Presidential race, says primary “obscenely monetised”
A former Managing Director and Chief Executive of FSB International Bank, Mohammed Hayatu-Deen has withdrawn from the Peoples Democratic Party (PDP) Presidential race.
PDP National Convention to elect a 2023 Presidential candidate out of the 15 aspirants is slated for today, in Abuja.
The foremost Economist and Banker, in a letter addressed to the PDP National Chairman, Iyorchia Ayu, said interacting with Nigerians from all walks of life had reinforced his resolve that Nigeria must be saved, otherwise the future is doomed.
He lamented that for years he observed with great concern and sorrow the recent rapid deterioration of all aspects of Nigeria’s national life characterised by increasing poverty, religious intolerance, banditry and kidnapping, monumental oil theft, corruption, mismanagement of national assets, communal and religious strifes and near collapse of public services and public institutions.
Hayatu-Deen said he planned to ensure that the great potential that had become the hallmark of Nigeria’s development paradigm should be actualized during his presidency.
He alleged that the primary had been “obscenely monetised”.
The renowned economist said he planned to make Nigeria the continental economic powerhouse, which would guarantee high quality of life to most Nigerians.
The foremost Banker said his ambition was driven by passion and commitment to rescue Nigeria which is on the verge of collapse.
He said “My exposure locally and internationally and contributions to the nation’s economic and political well being positioned me to take up the challenges facing our dear nation and the courage to participate in this gruelling exercise which most of our elites have shunned away from. Regrettably, the political system has proved to be acrimonious, corrupt and self-serving.
“I joined the contest as a democrat, with an open mind to keenly contest and accept the result of a process that is fair, credible and transparent
“We have endeavoured to forge a consensus which would have facilitated a seamless emergence of a candidate which unfortunately could not be achieved.
“I wish to reiterate that I did not join party politics and to contest for the presidency because of personal gains and inordinate ambition, but to serve our country.
“It is, therefore, based on personal principles and with great humility that I have decided after wide consultations to withdraw from this contest which has been obscenely monetized”.
Hayatu-Deen assured that as a very loyal party member and believer in the democratic process, he’ll continue to avail himself and his teeming supporters at all times to ensure the victory of the PDP.
The Rivers State House of Assembly, led by Speaker Martin Amaewhule, has initiated impeachment proceedings against Governor Siminalayi Fubara and Deputy Ngozi Odu, issuing them a seven-day notice to respond to allegations of gross misconduct.
The Assembly cited eight specific allegations of gross misconduct as the basis for the move.
This is the third time Fubara and Odu would be facing impeachment proceedings from the Assembly since coming to office in 2023.
Attempts to impeach them in 2023 and 2025, amid political feuds between the Governor and his predecessor and erstwhile political god-father, now Minister of the Federal Capital Territory (FCT), Nyesom Wike, had been halted by presidential intervention.
Here are the allegations below:
1. Reckless and unconstitutional expenditure of public funds
2. Unconstitutional misappropriation of public funds
3. Hindering the Rivers Assembly from performing its constitutional duties
4. Illegal appointments of persons without screening by the House of Assembly as provided by the Constitution
5. Seizure of salaries and funds meant for Assembly members
6. Seizure of salaries of the clerk of the Rivers House of Assembly, Emeka Amadi
7. Refusal to implement provisions of the Constitution on financial autonomy of the legislature and the judiciary
8. Withholding of funds meant for the running of the Rivers House of Assembly Service Commission and hindering its activities
Lilian Adebayo, the wife of the 2023 presidential candidate of the Social Democratic Party, has said that the party will unseat the ruling All Progressive Party at the 2027 election if Nigerians are true to themselves.
Mrs Adebayo made this assertion known on Wednesday during an interview with journalists after an event in Abuja.
According to her, the opposition party has overcome its crisis after the expulsion of its former chairman, Shehu Gabam and others.
She said Nigerians should vote the APC out in the 2027 general election due to the hardship the party has plunged citizens into.
“There is always a crisis in the party; the SPD has been able to handle its own. The problems in the party have been resolved.
“He has a great chance of winning the election if Nigerians are honest with themselves. If Nigerians think that the ones they consistently vote for would move the country forward, they live in denial,” she concerning the husband.
Recall that SDP recently expelled Gabam and other party executives.
The party’s state chairmen on Wednesday urged the Economic and Financial Crimes Commission and the police to investigate Gabam over alleged misappropriation.
In a significant political move, Enugu State Governor Peter Mbah officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) on Tuesday, October 14, 2025.
Mbah announced his decision during a televised broadcast in Enugu after weeks of speculation.
He said, “Today, after a long reflection, we have made the decision to leave the Peoples Democratic Party and join the All Progressives Congress.”
Mbah explained that his decision to join the PDP was informed by the need to reshape Enugu and reorganise the politics of the state.
“Today, I stand before you to announce a break from the past and to share a decision that will shape the road ahead. This concerns our values, how we organize ourselves politically and how we secure the future of our project and our people.
“Leadership sometimes demands painful decisions in the service of higher principles and goals. And there comes a time, when everyone must make a bold choice to determine their destiny.”
Ahead of the governor’s defection, all members of his cabinet had on joined the ruling party.
Governor Mbah’s Senior Media Aide, Dan Nwomeh, confirmed the mass defection in a video posted on his social media handles on Monday. In the video, several government officials were seen openly declaring their allegiance to the APC, chanting praises for President Bola Tinubu and affirming their commitment to the new party.
“Enugu State Cabinet Members join the APC with full chest along with Governor PN Mbah,” Nwomeh stated.
The officials, including commissioners and top aides, could be heard in the video declaring, “We are now in APC; tomorrow is here; it is APC all the way; it is Jagaban all the way; from top to bottom.”
The collective defection marks a significant political shift in Enugu State, which has been a PDP stronghold since 1999.
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