TRUMP ADMINISTRATION SET TO RECEIVE $10 BILLION FOR FACILITATING TIKTOK DEAL. (PHOTO).

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 Trump administration set to receive $10 billion for facilitating TikTok deal The Trump administration is reportedly set to receive $10 billion for its role in securing the TikTok US deal. According to reports, the group of investors that acquired stakes in TikTok’s U.S. operations—known as TikTok USDS Joint Venture—already paid $2.5 billion when the deal closed in January, with additional payments scheduled until the total reaches $10 billion. The investors include Oracle, Silver Lake, and MGX. The U.S. entity of TikTok was valued at $14 billion by Vice President JD Vance, providing context for the size of the fee. The administration has a history of involvement in major corporate deals, including an $8.9 billion investment in Intel last year that yielded nearly a 9 percent equity stake. In another high-profile move, the Trump administration received a Boeing 747-8 as a gift from the Qatari government in May.
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ABUJA FEDERAL HIGH COURT PAUSES PDP FACTIONAL LEADERSHIP SUIT PENDING APPEAL COURT RULING. (PHOTO).

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 Abuja Federal High Court Pauses PDP Factional Leadership Suit Pending Appeal Court Ruling


The Federal High Court in Abuja has temporarily suspended proceedings in a high-stakes suit filed by a faction of the Peoples Democratic Party (PDP) aligned with Minister of the Federal Capital Territory, Nyesom Wike, against the rival camp led by Tanimu Kabiru Turaki.


Justice Joyce Abdulmalik delivered the ruling on Friday during the resumed hearing of the case, which seeks to restrain the Turaki-led leadership—from the 5th to 25th defendants—from parading themselves as representatives of the PDP in any capacity.


The suit was instituted by the Wike-aligned faction, including acting National Chairman Mohammed Abdulrahman and factional National Secretary Senator Samuel Anyanwu.


At the session, defence counsel Chris Uche, SAN, representing the Turaki camp, first withdrew an earlier application for a stay of proceedings. Plaintiffs' counsel Onyeachi Ikpeazu, SAN, raised no objection, and the judge struck out the application accordingly.


Uche then informed the court that the record of appeal on an aspect of the matter had been entered at the Court of Appeal. He urged Justice Abdulmalik to adjourn the substantive suit indefinitely, arguing that the entry of the appeal divested the High Court of jurisdiction to proceed.


Ikpeazu opposed the indefinite adjournment request, contending that the defence application lacked supporting affidavit evidence.


Citing legal authorities, Uche maintained that once an appeal is entered, jurisdiction automatically shifts to the appellate court.


In her ruling, Justice Abdulmalik partly upheld the defence submission. She adjourned the matter to **February 20, 2026**, for mention, pending the determination of the appeal at the Court of Appeal.


The development underscores the deepening leadership crisis within the PDP, with both factions locked in multiple legal battles over control of the party structure following disputed conventions and leadership claims. The suit (marked FHC/ABJ/CS/2501/2025 in related reports) also challenges aspects of the PDP's National Convention held in Ibadan, Oyo State, in November 2025.

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