Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year
The Perfect Holiday Gift Gift Now

PDP Crisis Deepens as ADC Rises

The Business NG

|

The BusinessNG

The Peoples Democratic Party (PDP) is once again battling internal upheaval after its National Executive Committee (NEC) reaffirmed Senator Samuel Anyanwu as acting National Secretary—a decision that has drawn sharp rebuke from former Vice President Atiku Abubakar’s camp. Accusing the ruling APC of engineering the move to destabilize the opposition, Atiku’s allies warn that the PDP may be walking into a political trap. As Nigeria’s 2027 election looms and a new ADC-led coalition emerges, the party faces what could be its most defining moment yet. This report is by Segun Awoniyi, political analyst and columnist.

- Segun Awoniyi, political analyst and columnist.

PDP Crisis Deepens as ADC Rises

The Peoples Democratic Party (PDP) has plunged deeper into crisis following the National Executive Committee's (NEC) controversial endorsement of Senator Samuel Anyanwu as acting National Secretary. The decision, announced during the NEC’s 100th meeting in Abuja on July 1, has sparked fierce backlash from the camp of former Vice President Atiku Abubakar, who allege the move plays into a “trap” set by the ruling All Progressives Congress (APC) to cripple the PDP from within.

The NEC's resolution comes at a time when cracks in Nigeria's main opposition party have widened, leading to the formation of a new opposition bloc centered on the African Democratic Congress (ADC). That development, announced in Abuja just a day later, raises the stakes in what is fast becoming a definitive battle for the soul of the opposition ahead of the 2027 general elections.

NEC Moves to End Confusion—But Fuels New Firestorm

The NEC, presided over by acting National Chairman Umar Damagun, reaffirmed Senator Anyanwu’s position as acting National Secretary. Damagun, citing inputs from the Independent National Electoral Commission (INEC), said the party had reached a unanimous decision to maintain Anyanwu in the position. According to him, the meeting was necessary to end months of uncertainty.

Observers noted that the NEC meeting, which took place behind closed doors, aimed to provide clarity on who controls the party's administrative machinery heading into another election cycle. On the surface, the decision was meant to settle lingering questions over Anyanwu’ eligibility, but it has instead triggered sharp accusations and escalated internal divisions.

The Anyanwu Imbroglio: A Constitutional Minefield

MORE STORIES FROM The Business NG

The Business NG

Foreign Investors Eye Undercapitalised Nigerian Banks Amid CBN Clampdown

Nigeria's banking sector is at the center of an intense recapitalisation drive as the Central Bank of Nigeria (CBN) tightens enforcement ahead of the March 31, 2026, compliance deadline.

time to read

1 min

BusinessNg

The Business NG

Lawyers Invoke FOI Act to Demand Disclosure of FIRS-France Tax Agreement

A civil society organisation, Lawyers for Civil Liberties, has invoked the Freedom of Information (FOI) Act to request access to the mem-

time to read

1 min

BusinessNg

The Business NG

Tinubu to Present N54 Trillion 2026 Budget to National Assembly Today

President Bola Ahmed Tinubu will on Friday (today) present the 54 trillion 2026 budget to a joint session of the National Assembly.

time to read

1 min

BusinessNg

The Business NG

Reps Amend Electoral Act, Approve Mandatory Electronic Transmission of Election Results

The House of Representatives has approved a proposal mandating the real-time electronic transmission of election results, marking a significant step toward strengthening Nigeria's electoral process.

time to read

1 min

BusinessNg

The Business NG

Abuja Blackout Deepens Security Fears as Residents Slam AEDC's Silence

Residents of several communities in Abuja have expressed growing frustration and fear after a prolonged power outage plunged parts of the Federal Capital Territory (FCT) into darkness, worsening security concerns and disrupting livelihoods.

time to read

1 min

BusinessNg

The Business NG

Telecom Failures Put Minister Bosun Tijani Under Public Scrutiny

Once celebrated as one of Nigeria's brightest tech minds, Minister of Communications, Innovation and Digital Economy, Bosun Tijani, is now facing mounting public criticism as Nigerians question the tangible impact of his tenure.

time to read

1 min

BusinessNg

The Business NG

CBN Targets N825Bn in Final 2025 Bond and Treasury Bills

The Central Bank of Nigeria (CBN) has announced plans to raise a total of 825 billion from the domestic debt market in the final round of Federal Government securities issuance for 2025, underscoring the government's continued reliance on local borrowing amid elevated interest rates.

time to read

1 min

BusinessNg

The Business NG

Tax Reform Countdown: SMEs Gain, High Earners Pay More

Nigeria is set to witness a historic transformation in its fiscal landscape as the Federal Government rolls out sweeping tax reforms designed to boost fairness, ease the burden on low-income earners, and stimulate business growth.

time to read

1 min

BusinessNg

The Business NG

Naira Holds Firm as Nigeria's Forex Reserves hit $45.4Bn

The naira remained under pressure at the Nigerian foreign exchange market (NFEM), closing at 1,455 per US dollar on Wednesday, reflecting ongoing demand for dollars amid liquidity challenges.

time to read

1 min

BusinessNg

The Business NG

The Business NG

Three Months to Recapitalisation: Weaker Banks Explore Mergers as Investors Hesitate

With just three months remaining before the Central Bank of Nigeria's (CBN) recapitalisation deadline, several weaker banks in the country are reportedly considering mergers as a strategy to strengthen their financial position and remain compliant with regulatory requirements.

time to read

1 mins

BusinessNg

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back