The Cross River State Commissioner for Works and Infrastructure, Hon. Pius Ankpo Edet , has expressed satisfaction with the renewed spirit of peace, reconciliation and unity among members of the All Progressives Congress (APC) in Akamkpa Local Government Area . Edet spoke at an enlarged meeting of the Liberation Movement in Akamkpa , where he welcomed what he described as a new chapter of unity within the party and urged members to put their past differences behind them in the interest of the APC’s success ahead of the 2027 elections . According to the commissioner, the strength of Akamkpa lies in the ability of its people to forgive, reconcile and move forward as one family. He said a united party would be better positioned to mobilise voters and secure victory at the polls, calling on APC leaders and members across the local government area to close ranks and work collectively for the success of the party at all levels. “The strength of Akamkpa lies in our ability to unit...
Petition against NAICOM to EFCC borders on criminal allegations, not civil matters says NICON, Nigeria Re
NICON Insurance Plc and Nigeria Reinsurance Corporation have called on the Economic and Financial Crimes Commission to investigate alleged financial irregularities arising from the National Insurance Commission ’s recent recapitalisation exercise . The companies made the call in a joint statement issued in response to a September 10, 2026 rejoinder by NAICOM on their petition before the EFCC. NICON and Nigeria Re said their petition bordered on alleged criminal conduct and financial accountability, rather than a civil disagreement between an insurance regulator and the companies it regulates. They alleged that NAICOM’s rejoinder failed to address specific issues raised in their petition, particularly the demand for one per cent of shareholders’ funds, the management of funds collected and requirements imposed on insurers during the recapitalisation exercise. The companies alleged that NAICOM demanded one per cent of shareholders’ funds from insurance companies without any prov...