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Nigeria News (Standard)

Atiku Picks Amaechi as Running Mate for 2027 Presidential Election

Move signals major alliance across party lines ahead of polls; PDP, APC leaders yet to issue official statements

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Move signals major alliance across party lines ahead of polls; PDP, APC leaders yet to issue official statements

Former Vice President Atiku Abubakar has selected former Minister of Transportation, Rotimi Amaechi, as his running mate for the 2027 presidential election. The decision was made public in Abuja on Monday, 15 June 2026, marking a significant development in the build-up to Nigeria’s next general elections.

According to party insiders, Atiku’s choice of Amaechi is seen as a strategic effort to strengthen his chances by building a coalition that cuts across traditional party boundaries. Amaechi, who previously served as Governor of Rivers State and is a notable figure from the South-South geopolitical zone, has been a prominent member of the All Progressives Congress (APC). His selection as running mate under the banner of the Peoples Democratic Party (PDP) is expected to shake up existing political alignments.

This alliance between Atiku, a PDP stalwart from Adamawa in North-East Nigeria, and Amaechi, an influential politician from Rivers State in the South-South, is likely to alter campaign dynamics and influence voting patterns across key regions. Political analysts note that such cross-party partnerships have historical significance in Nigeria’s electoral landscape and could impact voter turnout and party loyalty ahead of the 2027 polls.

Neither Atiku nor Amaechi had issued official statements about the ticket as at press time. Efforts to reach spokespersons for both politicians were unsuccessful. Leaders of both the PDP and APC are also yet to release formal reactions to this development. Political observers say further clarifications are expected in coming days as parties finalise their lists of candidates for various offices.

With this announcement, attention now shifts to how other presidential hopefuls will respond and whether further alliances or defections will follow. The Independent National Electoral Commission (INEC) is expected to issue guidelines for party primaries and nominations in the coming weeks.

Source: https://www.premiumtimesng.com/news/headlines/887846-2027-atiku-picks-amaechi-as-running-mate.html

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Nigeria News (Standard)

Abuja Federal High Court Orders INEC to Deregister ADC, Accord Party, Three Others for Poor Poll Performance

Justice Peter Lifu rules affected parties failed constitutional benchmarks; INEC yet to issue official reaction as 2027 polls approach

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Justice Peter Lifu rules affected parties failed constitutional benchmarks; INEC yet to issue official reaction as 2027 polls approach

A Federal High Court sitting in Abuja has directed the Independent National Electoral Commission (INEC) to deregister five political parties, including the African Democratic Congress (ADC) and Accord Party, over their failure to meet constitutional requirements for electoral performance. The judgement was delivered by Justice Peter Lifu on Friday, following a suit brought by former lawmakers who argued that underperforming parties should not remain on the political register ahead of the 2027 general elections.

The affected parties—Action Peoples Party (APP), Action Alliance (AA), Accord Party (AP), Zenith Labour Party (ZLP), and ADC—were said to have failed to win any seat in recent elections or secure at least 25 percent of votes in any state during the last presidential poll. Plaintiffs maintained that keeping parties with little or no electoral support only clutters the ballot and undermines Nigeria’s multiparty democracy.

According to court documents, the suit sought clarification on whether INEC is constitutionally mandated to deregister political parties that do not satisfy Section 225A of the 1999 Constitution (as amended). The plaintiffs claimed that none of the five parties met minimum criteria during the 2023 general election or subsequent by-elections—criteria which include winning seats in the National Assembly or state legislatures, or achieving significant vote thresholds at federal and local levels.

Justice Lifu, in his ruling, agreed with arguments presented by the plaintiffs and ordered INEC to remove the five parties from its register. He stated that allowing such parties to continue operations contradicts constitutional provisions and could erode public confidence in Nigeria’s electoral system. “Keeping political parties that do not meet constitutional standards on the ballot paper is a breach of Section 225A,” Justice Lifu held.

INEC has not issued a public statement regarding the court’s decision as at press time. The ruling is expected to have major implications for smaller parties seeking relevance ahead of Nigeria’s next general elections in 2027. Political analysts say this development may prompt other minor parties to intensify grassroots mobilisation or risk deregistration before future polls.

Source: https://www.pulse.ng/story/court-orders-inec-to-deregister-adc-four-other-political-parties-2026061515172024010

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Nigeria News (Standard)

General Rabe Abubakar’s Body Recovered After Death in Captivity, Military Confirms

Senior Army officials disclose recovery details, say investigation ongoing into circumstances of late general’s detention and demise

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Senior Army officials disclose recovery details, say investigation ongoing into circumstances of late general’s detention and demise

The Nigerian Army has confirmed the recovery of the body of retired General Rabe Abubakar after he died while being held captive. The development was made public on Monday, 15 June 2026, following days of uncertainty regarding the general’s fate and whereabouts.

According to military officials familiar with the situation, General Abubakar’s remains were located and retrieved by a team dispatched to the area where he had been reportedly detained. Details about the location and the group responsible for his captivity were not immediately disclosed by authorities as at press time.

General Abubakar, a former high-ranking officer in the Nigerian Army, was reported missing several days prior to the discovery of his body. His disappearance sparked anxiety within military circles and among his associates, given his long-standing service record and connections across security agencies. The incident has raised fresh concerns about the safety of retired senior officers in the country.

A senior army spokesperson said that efforts were ongoing to ascertain the full circumstances surrounding General Abubakar’s detention and subsequent death. “We are conducting a thorough investigation to determine all those involved and what led to this unfortunate incident,” he stated during a press briefing in Abuja. As at Monday evening, no group had claimed responsibility for his abduction or provided information about negotiations or demands.

The Nigerian Army has assured that it will intensify its search for those responsible for holding General Abubakar captive. Security analysts have called on government to increase protection for both serving and retired officers amid rising security threats nationwide.

Source: https://www.premiumtimesng.com/news/headlines/887874-exclusive-how-general-rabe-abubakars-body-was-recovered-after-death-in-captivity.html

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Nigeria News (Standard)

Rockefeller, Nizam of Hyderabad, Musk Top Global Wealth Rankings Across Decades

World’s richest title shifts from oil and royalty to tech, as Musk becomes first-ever trillionaire in 2026 milestone

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World’s richest title shifts from oil and royalty to tech, as Musk becomes first-ever trillionaire in 2026 milestone

The evolution of the world’s richest individuals from 1900 to 2026 has witnessed a dramatic shift in the sources of wealth, moving from heavy industry and royal treasuries to the modern technology sector. This global trend reflects changing economic realities and has seen figures like John D. Rockefeller, Mir Osman Ali Khan, J. Paul Getty, and most recently Elon Musk hold the title at different times.

At the start of the 20th century, John D. Rockefeller established himself as the world’s wealthiest man through his control of Standard Oil in the United States. Even after antitrust actions forced a breakup of his company in 1911, Rockefeller’s net worth continued to rise due to increased value of the separated companies. By today’s calculations, his fortune would surpass $400 billion. He retained this position until his death in 1937, despite periods of economic downturn such as the Great Depression.

With Rockefeller’s passing and amid the aftermath of World War II, Mir Osman Ali Khan, then Nizam of Hyderabad in present-day India, became globally recognised for his enormous inherited wealth and state treasury filled with gold, silver and rare jewels. In February 1947, TIME magazine named him the world’s richest individual with an estimated fortune of $2 billion at that time—equivalent to tens of billions in today’s value.

From the post-war era into the late 1970s, American oil magnate J. Paul Getty dominated global rich lists by capitalising on new energy concessions secured in the Middle East. His immense petroleum-based fortune was matched by a reputation for frugality until his death in 1976.

The late 1980s saw a brief shift eastwards when Japanese real estate investor Yoshiaki Tsutsumi became the world’s richest during Japan’s asset bubble peak. More recently, fortunes have been built on digital innovation and technology platforms. Elon Musk reached an unprecedented milestone in 2026 by becoming the first person ever to amass a trillion-dollar fortune through ventures spanning software, electric vehicles and space technology.

These changes highlight how advances in industry and shifts in economic power have redefined what it means to be wealthy on a global scale. Experts say Nigeria and other developing economies can learn from these trends by diversifying beyond traditional sectors into emerging areas such as tech innovation.

Source: https://www.pulse.ng/story/world-richest-man-every-decade-2026061514490601835

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