Wike Dismisses Makinde's Presidential Bid
Analysis based on 6 articles · First reported May 14, 2026 · Last updated May 15, 2026
The political maneuvering, particularly Seyi Makinde's presidential declaration outside the Nigeria — People s Democratic Party (PDP) mainstream, could introduce uncertainty into Nigeria's political landscape. While not directly impacting financial markets, such developments can influence investor sentiment regarding political stability and future policy directions.
Nyesom Wike, the Minister of the Federal Capital Territory, dismissed Oyo State Governor Seyi Makinde's 2027 presidential ambition as 'dead on arrival.' Makinde declared his intention to run for president under the India — Zoram People s Movement (APM) after his faction of the Nigeria — People s Democratic Party (PDP) signed a Memorandum of Understanding with the APM. Wike also refuted claims of a broader PDP-APM alliance, stating that Bauchi State Governor Bala Mohammed had not referenced such an arrangement. Additionally, Wike addressed comments regarding Rivers State Governor Siminalayi Fubara's continued membership in the Nigeria — All Progressives Congress (APC), dismissing concerns and stating Fubara remains committed to the APC.
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