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Adegoke: Omisore won’t defect, APC rifts are insignificant

Adegoke: Omisore won't defect, APC rifts are insignificant

Kunle Rasheed Adegoke, the APC candidate for Osun Central Senatorial District, has expressed strong confidence that former Senator Iyiola Omisore will not abandon the party. Speaking on Friday at the Nigeria Union of Journalists (NUJ) Osun State Council Guest Platform, Adegoke dismissed speculation about Omisore’s political allegiance, describing him as a seasoned politician who makes wise decisions.

“Senator Iyiola Omisore is not going anywhere. He is a shrewd politician, and I admire his political acumen. He will not take that path,” Adegoke stated.

He further argued that the APC commands strong support across Osun East Senatorial District, making it unlikely for Omisore’s supporters to shift loyalties. “The entire Osun East Senatorial District is firmly behind the APC. Why would any of Omisore’s followers leave a comfortable environment for an uncertain alternative?” he queried.

Adegoke also downplayed internal party disagreements, labeling them as minor and manageable. He emphasized that conflicts are common in any political organization and should not be blown out of proportion. “Disagreements are not unique to the APC. Every party experiences internal friction. Ours are minor and will not hinder our progress,” he said.

According to him, members who have resigned are merely signaling their grievances, and the party leadership is actively engaging them to resolve issues. “Those leaving are just giving us early warnings. We are already in talks to address their concerns,” Adegoke added.

Drawing a contrast with the opposition, Adegoke claimed the PDP is no longer a viable force in Osun State, as many of its members have defected to the Accord party. “The PDP is practically nonexistent here. They couldn’t manage their own affairs, yet they hope to win the state. Ironically, the same people who helped them win in 2022 are now with us in the APC,” he noted.

He concluded by asserting that the APC’s internal challenges are negligible and will not impact its electoral performance. “Our differences are trivial and will not affect our success at the polls,” Adegoke affirmed.

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Appeal Court Rules High Court Exceeded Powers in PDP Crisis

Appeal Court Rules High Court Exceeded Powers in PDP Crisis

The Abuja division of the Court of Appeal has delivered a stinging rebuke to Justice Uche Agomoh of the Federal High Court in Ibadan, ruling that she improperly granted reliefs that no party had requested during the hearing of a dispute within the Peoples Democratic Party (PDP).

In a judgment authored by Justice Uchechukwu Onyemenam, the appellate panel declared that the trial judge overstepped her bounds by validating a factional caretaker committee that was not part of any party’s prayers. The lower court had recognized the committee led by Abdurahman Mohammed and Samuel Anyanwu in its January 30 decision.

Justice Onyemenam noted that the trial judge’s action created a clear legal issue, as she went beyond the scope of the reliefs sought. The court emphasized that such unauthorized recognition of a factional committee undermined the integrity of the proceedings.

The Court of Appeal further stated that the caretaker committee’s legal foundation had been dismantled by a prior Supreme Court ruling that nullified the Ibadan convention, which was the basis for the committee’s creation. Since the Supreme Court had already declared that convention null and void, any structures built upon it, including the caretaker committee, automatically lack legal validity.

Although the appellate court stopped short of explicitly labeling the trial court’s action as ultra petita—a Latin term meaning beyond what is asked—it indicated that the offending parts of the judgment were null and void and liable to be set aside. The panel also refused to order a retrial, reasoning that doing so would invite the lower court to revisit issues already settled by the apex court, which the law forbids.

Justices Mohammed Mustapha and Okon Abang concurred with the lead judgment. The decision effectively nullifies the Federal High Court’s recognition of the caretaker committee aligned with the Abdurahman Mohammed faction of the PDP.

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Agege APC Leaders Storm Abuja HQ, Dispute Primary Result Ahead of 2027 Lagos Polls

Agege APC Leaders Storm Abuja HQ, Dispute Primary Result Ahead of 2027 Lagos Polls

Leaders of the All Progressives Congress (APC) from Agege Local Government Area in Lagos State have escalated their grievance over the party’s primary election for Agege Constituency I, marching to the national secretariat in Abuja on Friday. The delegation, spearheaded by Johnson Kolawole, voiced strong objections to the announced outcome of the exercise held on May 20, 2026, which they insist was manipulated to sideline their preferred candidate, Egunjobi Ganiyu Kola.

According to Kolawole, Egunjobi had clearly won the primary with 9,132 votes out of the 10,126 valid votes cast across the five wards in the constituency. Other contenders, Oladipo Tunde Shola and Oluwagbenga Michael Abiola, reportedly garnered 560 and 434 votes respectively. The protesters claimed that the returning officer, Hon. Kayode Kassim Eleshin, officially declared Egunjobi the winner at the venue.

However, frustration mounted when a newspaper publication dated May 25, 2026, named Oluwagbenga Michael Abiola as the APC candidate for the same constituency. The group described this as a blatant contradiction of the authentic results and demanded that the party’s National Working Committee (NWC) and the national chairman, Nentawe Yilwatda, intervene to restore what they termed the true mandate of party members.

Kolawole emphasized that the primary election was monitored by APC officials, INEC observers, security agents, journalists, and other stakeholders, and was conducted in a peaceful, transparent, and credible manner. He added that the delegation is ready to present documentary evidence, video footage from the five wards, and observer reports to substantiate their claims.

Appealing to President Bola Ahmed Tinubu and the APC leadership, the protesters urged them to ensure that the genuine will of party members in Agege Constituency I is upheld and protected.

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Kebbi Youth Council Unveils Schedule for Local Chapter Elections

Kebbi Youth Council Unveils Schedule for Local Chapter Elections

The National Youth Council of Nigeria (NYCN) in Kebbi State has officially released the dates for elections to its local government chapters, following the end of tenure of current executives across the state. The election timetable was announced by the state chairman, Ahmed Rufai Abubakar Khalifa, during a press conference at the Ministry of Youth and Sports in Birnin Kebbi on Friday.

Khalifa stated that the elections are being conducted in accordance with the council’s constitution to ensure an orderly leadership transition and to sustain youth development initiatives throughout the region. The notice for the polls took effect on June 5, 2026, with the sale of nomination forms beginning on June 6. Voting for local chapter positions is scheduled for June 27 and June 28, 2026.

To be eligible, candidates must be under 35 years of age, physically and mentally fit, and possess at least a school leaving certificate. The chairman also emphasized gender inclusion, noting that the deputy coordinator position and two other executive roles are reserved exclusively for women.

Khalifa encouraged Kebbi youths to actively participate in the electoral process and contribute to the council’s growth. He also called on young people to support security agencies by sharing useful information to combat insecurity and promote peace across the state.

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Leadership Battle Erupts in Zamfara ADC as Two Camps Clash

Leadership Battle Erupts in Zamfara ADC as Two Camps Clash

The African Democratic Congress (ADC) in Zamfara State is currently grappling with internal turmoil, as two distinct factions have emerged, each asserting their authority over the party’s operations. The opposing groups are spearheaded by Kabiru Garba Gusau and Shehu Muhammad Maisshanu Guluba, both of whom insist they are the rightful leaders of the ADC in the state.

Despite the ongoing leadership dispute, there is a consensus among the warring parties that Barrister Mahadi Aliyu Gusau remains the party’s official candidate for the upcoming governorship race, having secured victory in the ADC primary election. Speaking to reporters in Gusau, the state capital, Guluba sought to debunk rumors suggesting a change in the party’s candidate, labeling such claims as baseless and misleading. He firmly stated that Mahadi Aliyu Gusau continues to be the ADC flagbearer and urged members and supporters to ignore any contrary information.

Guluba further pointed fingers at unnamed individuals, accusing them of spreading falsehoods to incite confusion within the party ranks. In response, the faction aligned with Kabiru Garba Gusau maintained that he is the legitimately recognized state chairman of the ADC for Zamfara. According to this group, any move to acknowledge a different chairman violates the party’s constitution, as Gusau was duly elected through a proper process.

Gusau additionally asserted that his leadership has the backing of the party’s national secretariat, emphasizing that the congress which affirmed his position was conducted under the supervision of officials dispatched from the national headquarters. This development signals intensifying internal friction within the Zamfara ADC as the factions vie for dominance over the party structure ahead of the 2027 general elections. While the two sides remain entrenched in their positions regarding leadership, they have consistently voiced unified support for the party’s governorship candidate, Mahadi Aliyu Gusau.

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ADC Accuses Judiciary of Targeting Opposition, Sues Chief Judge Tsoho

ADC Accuses Judiciary of Targeting Opposition, Sues Chief Judge Tsoho

The African Democratic Congress (ADC) has initiated a legal action at a High Court in Abuja, naming the Chief Judge of the Federal High Court, Justice John Tsoho, as a defendant. This move stems from ongoing internal disagreements over the party’s leadership, with the ADC alleging judicial bias.

The lawsuit, submitted on June 4, 2026, was filed by Nkemakolam Ukandu, the party’s National Welfare Secretary. Ukandu seeks to intervene in an existing case (Suit No: FHC/ABJ/CS/1819/2025) brought by Nafiu Bala Gombe against the faction led by former Senate President David Mark. The plaintiff argues that the handling of the matter by Justice Tsoho and the presiding judge, Justice Peter Lifu, undermines trust in the judicial process.

The ADC contends that the assignment of the case to Justice Lifu has raised doubts among party members about the likelihood of an impartial hearing. Additionally, the National Judicial Council (NJC) has been included in the suit, as the ADC claims the council failed to address complaints regarding the case’s management.

A civil society group, the Grassroots Mobilization Network (GMN), has echoed these concerns, alleging that the judiciary is being weaponized against opposition parties. GMN warned that such actions erode public confidence in the justice system and urged authorities to ensure fair treatment of politically sensitive cases.

As of now, neither the Federal High Court nor Justice Lifu has issued an official statement in response to the allegations. The NJC also remains silent on the matter. This legal development adds a new dimension to the ADC’s leadership crisis, which has drawn significant political attention ahead of the 2027 elections.

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NDC Primaries Rigged Yet I Emerged Victorious – Agbonayinma

NDC Primaries Rigged Yet I Emerged Victorious – Agbonayinma

Ehiozuwa Agbonayinma, the NDC senatorial aspirant for Edo South, has come forward with serious allegations regarding the party’s recent primary election. In an interview on Arise Television on Friday, he claimed that the entire process was systematically manipulated to favor other candidates. Despite what he described as a deeply flawed exercise, Agbonayinma asserted that he still managed to win convincingly.

According to Agbonayinma, the rigging was extensive, yet the will of the people could not be suppressed. He stated that ward chairmen, local government chairmen, and numerous party leaders have all confirmed his victory. He questioned why the results have not been officially announced since the primaries were held on May 29th, asking what could possibly be hidden or delayed. As of June 5th, the NDC has remained silent on the outcome.

In his own words, Agbonayinma emphasized that if he had lost, he would have gracefully conceded to the rightful winner. However, since he believes he won fair and square, he demands that the party leadership allow him to proceed as the candidate. He urged the NDC to be transparent and announce the results without further delay.

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U.S. Crypto Tax Overhaul: New Rules Could Transform DeFi and Staking

U.S. Crypto Tax Overhaul: New Rules Could Transform DeFi and Staking

The House Ways and Means Committee has introduced seven discussion drafts that would significantly alter how digital assets are taxed in the United States, with a particular focus on decentralized finance lending, stablecoins, staking, mining, and anti-abuse measures. The proposals, set to be examined during a June 9 congressional hearing, aim to bring clarity to areas that have long puzzled taxpayers and regulators alike.

According to a report from crypto journalist Eleanor Terrett, the package breaks down crypto tax policy into distinct topics, including DeFi lending, stablecoin payments, staking rewards, mining income, wash-sale rules, charitable donations, and a voluntary disclosure program for unresolved crypto reporting issues. Many of these subjects were previously part of broader legislative efforts, such as the bipartisan PARITY Act and Senator Cynthia Lummis’s separate bill.

One of the most consequential aspects involves DeFi lending, which has faced uncertainty over how transactions should be treated under existing tax law. The discussion drafts propose new rules that could affect how lenders and borrowers report gains and losses. Additionally, stablecoin payments may receive a de minimis exemption for small gains and losses from everyday transactions, a move that could encourage use of stablecoins for payments rather than speculation.

Anti-abuse provisions also feature prominently, with plans to extend wash-sale and constructive-sale rules to crypto, aligning digital assets more closely with traditional securities. This could limit tax-loss harvesting strategies common among crypto investors.

Mining and staking rules remain under review, with drafts addressing the timing of when rewards become taxable. Lawmakers have previously raised concerns about phantom income, where taxpayers are taxed on rewards before they are sold. A related bipartisan effort, the PARITY Act, would allow taxpayers to elect when staking and mining rewards trigger tax liability, potentially relieving some of the pressure on participants.

The Ways and Means Committee hearing on June 9 will be a critical forum for these proposals. Outside the tax debate, Congress is also advancing other digital asset legislation, including the CLARITY Act and the American Reserves Modernization Act, which seeks budget-neutral methods to increase U.S. Bitcoin reserves without direct government purchases.

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Ex-DLA Aspirant Gets Partial Fee Refund, Questions Primary Integrity

Ex-DLA Aspirant Gets Partial Fee Refund, Questions Primary Integrity

Abisayo Busari-Akinnadeju, who previously sought the presidential ticket of the Democratic Leadership Alliance (DLA), has announced that the party returned ₦10.8 million of her nomination fee. However, she pointed out that ₦1.2 million remains unpaid.

The refund comes after she stepped down from the 2027 race and quit the party on May 28, citing flaws in the candidate selection process. In a statement released on Friday, she acknowledged the partial payment but insisted that deeper issues persist.

Busari-Akinnadeju claimed that party leaders tried to block her from screening and later used disciplinary measures to push her out after she refused to back a consensus candidate. She argued that the Electoral Act mandates that all cleared aspirants must agree before a consensus can be declared, and this condition was not fulfilled.

She also alleged that state chairmen were told to skip the primary and instead submit numbers to the national secretariat to engineer a predetermined outcome. According to her, the incident underscores the need for stronger protections for aspirants regardless of their financial status or political clout.

While grateful for the refund, she stressed that the focus should not be on money alone. “The refund does not fix the fundamental questions about transparency and fairness in the primary process,” she said. She thanked supporters and civil society groups for their vigilance, which she credited for the partial repayment.

Having exited partisan politics, Busari-Akinnadeju is now turning her attention to the Dare Agenda Movement, a citizen-driven initiative aimed at promoting accountable leadership and active participation in nation-building beyond election seasons.

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New Fed Chair Kevin Warsh: How It Impacts Crypto Markets

New Fed Chair Kevin Warsh: How It Impacts Crypto Markets

Kevin Warsh officially became the 17th Chair of the Federal Reserve on May 22, 2026, after a tight Senate confirmation vote of 54-45. He stands out as the most crypto-aware leader the central bank has ever seen. However, Bitcoin’s price dropped to $74,190 shortly after his swearing-in and continued falling to around $62,000, surprising many who expected a rally under a pro-crypto chair.

Warsh has publicly praised Bitcoin, calling it “the new gold” for younger generations and stating it “does not make me nervous.” He previously held stakes in a Bitcoin payments firm, Bitwise, and a stablecoin project, although he divested those to comply with Fed conflict-of-interest rules. He also opposes a U.S. central bank digital currency (CBDC), a stance that aligns with many in the crypto industry.

Despite his crypto-friendly views, the market reacted negatively because Warsh is primarily a monetary hawk. He advocates for tighter policy, higher interest rates, and a smaller Fed balance sheet—conditions that historically dampen risk appetite and crypto prices. When he assumed office, inflation was at 3.8%, well above the 2% target, making rate cuts unlikely. Traders now assign a 69% probability of no rate cuts in 2026.

A key moment came during his Senate testimony when Warsh stated that President Trump had not asked him to promise rate cuts, signaling his independence. This triggered a sharp Bitcoin selloff as hopes for aggressive easing faded. The market focuses on liquidity impacts, not personal views on crypto.

There is a potential bull case: Warsh has hinted that AI-driven productivity gains could allow the economy to grow without inflation, enabling rate cuts later in 2026. If this materializes, lower rates would boost liquidity and weaken the dollar, historically benefiting Bitcoin. JPMorgan expects Warsh to pursue cuts once settled, driven by this logic. However, such easing requires compelling macroeconomic justification, which currently does not exist.

Key signals to watch include Warsh’s first FOMC meeting on June 16-17, inflation data (CPI releases), market expectations for rate cuts, and his regulatory stance on stablecoins and crypto custody. His anti-CBDC position is a structural positive, but near-term price action hinges on inflation and monetary policy.

In summary, Warsh is a paradox: a crypto-literate hawk. The market currently prices the hawk, but if inflation cools and rate cuts become feasible, he could become a tailwind for crypto. The bull case remains alive, waiting for the data to give Warsh permission to ease.