NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...

TESLA BOARD CHAIR WARNS $1 TRILLION PAY PACKAGE MUST BE APPROVED OR CEO MUSK COULD LEAVE. (PHOTO).


 Tesla board chair warns $1 trillion pay package must be approved or CEO Musk could leave

Tesla Board Chair Robyn Denholm urged shareholders Monday to approve CEO Elon Musk’s proposed nearly $1 trillion compensation plan ahead of the company’s annual meeting, warning that failing to do so could put the company’s future at risk. Denholm described Musk as critical to Tesla’s evolution beyond a conventional automaker, emphasizing his role in the company’s push into Full Self Driving technology and the development of Optimus robots.

In a letter to shareholders, Denholm wrote that without Musk, Tesla could lose substantial value as the market may no longer recognize the company’s long-term potential. The plan, which consists of 12 tranches of shares tied to performance milestones, would also boost Musk’s voting power, increasing his stake from about 13% to roughly 25%. Critics, including proxy advisor Institutional Shareholder Services and a coalition of unions and corporate watchdogs, have voiced opposition, citing Musk’s political affiliations and controversial statements. Tesla’s shareholder vote closes Nov. 5, with the annual meeting scheduled for Nov. 6.

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