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Tag: President Bola Tinubu

  • ‘Cut Your Coat According to Your Size’ — Tinubu’s Aide Tells Nigerians Amid Hardship Complaints

    The Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua, has advised Nigerians to adjust their lifestyles and spending patterns in response to the country’s rising economic pressure.

    Fasua made the remarks while responding to questions during a members-only Coffee Hangout organised by Kay Hikers Club in Abuja.

    Heated Exchange Over Cost of Living

    The presidential aide spoke during a tense discussion with a female attendee who criticised the worsening cost of living, insecurity, and declining purchasing power in the country.

    The woman argued that basic food items had become unaffordable for many Nigerians struggling to survive under the current economic conditions.

    Reacting to the concerns, Fasua admitted that prices had increased but maintained that families could still manage their resources properly if spending was controlled.

    “A modest family will feed for several days with ₦10,000,” he said.

    Fasua Urges Nigerians to Spend Wisely

    Fasua further advised Nigerians to embrace more disciplined spending habits and focus on buying food items they could prepare at home.

    “You will know how to cut your coat according to your cloth. You can go to the market, I go to the market too. I have customers in Utako market, in Wuse market. I like shopping. I like going to the market. I test things. You can buy foodstuff which you cook at home,” he added.

    The economic adviser also stated that the government could not satisfy every expectation from citizens, insisting that Nigerians needed to adapt to present economic realities.

    Government Cannot Meet Every Expectation — Fasua

    According to him, public criticism often ignores the broader economic challenges facing the country.

    “I know things are expensive, more expensive than they were before. But if we want sensation, government will never win,” Fasua stated during the discussion.

    His comments have since sparked reactions online, with many Nigerians debating the affordability of food and the impact of rising inflation on households across the country.

  • Tinubu Approves Fani-Kayode’s Redeployment to South Africa After Germany Posting Drama

    President Bola Ahmed Tinubu has approved the redeployment of former Aviation Minister, Femi Fani-Kayode, as Nigeria’s ambassador-designate to South Africa.

    The development follows earlier reports linking his initial posting to Germany with diplomatic concerns.

    Fani-Kayode counters rejection claims

    In a post shared on his X handle, Fani-Kayode dismissed claims that he was rejected by the German government.

    He insisted that he personally declined the Germany posting and formally requested a redeployment.

    “It gives me pleasure to announce that Mr. President has approved my posting as Nigeria’s Ambassador-Designate to South Africa,” he wrote.

    Why he chose South Africa

    Fani-Kayode explained that his decision was based on personal preference and strategic considerations.

    According to him, he had spent most of his life in Europe and preferred a new diplomatic experience in Africa.

    “I was not comfortable with Germany for personal reasons and would rather serve in South Africa, a country I have never been to and have great interest in,” he stated.

    He also cited shared political and ideological alignment with South Africa, as well as its economic position on the continent.

    Approval process revealed

    The former minister said he submitted a formal request for redeployment to the then Minister of Foreign Affairs, Yusuf Tuggar.

    He noted that the minister reviewed his reasons and forwarded the request to the president, who approved it.

    Background and political ties

    Fani-Kayode served as Minister of Aviation under former President Olusegun Obasanjo and has remained a vocal supporter of Tinubu.

    He was previously prosecuted by the Economic and Financial Crimes Commission over forgery-related charges but was later discharged and acquitted by a Lagos court.

  • APC Waives Screening for Tinubu Ahead of Presidential Primary

    The All Progressives Congress (APC) has waived the screening requirement for President Bola Ahmed Tinubu ahead of the party’s presidential primary.

    The decision was announced on Wednesday after the National Working Committee (NWC) held its 188th meeting in Abuja.

    Tinubu ‘deemed duly screened’

    In a statement by APC spokesperson Felix Morka, the party said the president is considered to have met all screening requirements.

    The NWC stated that Tinubu is “duly screened in accordance with the Constitution of the Party” and can proceed to participate in the primary.

    Party cites constitutional powers

    Morka explained that the decision was based on provisions of the APC constitution, which empower the NWC to organise primaries and grant waivers where necessary.

    He said the committee acted within its mandate under Article 13.4 of the party’s rules.

    Endorsements influenced decision

    According to the party, Tinubu has already secured strong backing from key stakeholders, including the Progressive Governors Forum and members of the National Assembly.

    The NWC also referenced endorsements from previous party events, including the APC National Summit.

    Screening deemed unnecessary

    The party added that Tinubu had already undergone screening ahead of the 2022 presidential primary, making another appearance before a screening panel unnecessary.

    It described the requirement as redundant given his current position as president and leader of the party.

  • Alleged Coup Plot: Villa Maintenance Staff Says He Was Deceived Into Scheme Against Tinubu

    Zekari Umoru, one of the six defendants standing trial over an alleged plot to overthrow President Bola Tinubu, has told a Federal High Court in Abuja that he was misled into the incident.

    Umoru, a staff member of Julius Berger Nigeria Plc attached to the Presidential Villa maintenance department, made the claim in a recorded extra-judicial statement played before Justice Joyce Abdulmalik.

    How alleged involvement began

    He said his contact with the accused persons began in May 2025 through Ahmed Ibrahim, a police inspector attached to the presidential clinic and the third defendant in the case.

    According to him, Ibrahim later introduced him to a man identified as Hassan Mohammed, also known as “Col. Mohammed Ma’aji”, who allegedly presented himself as a businessman seeking help with construction-related jobs.

    Cash transfers and repeated meetings

    Umoru told investigators that he initially believed Ma’aji was a civilian because bank transfers linked to the dealings carried the name Hassan Mohammed.

    He said he received multiple payments, sometimes in the presence of Ibrahim, and attended meetings where money was also shared among participants.

    He recounted a meeting at a location identified as “Tiger Bar”, where Ma’aji allegedly distributed between ₦100,000 and ₦120,000 to those present after social interactions.

    Alleged ₦8.8m cash delivery

    Umoru further claimed that on September 24, 2025, he received a “Ghana-Must-Go” bag containing cash, which he later deposited at a Zenith Bank branch and confirmed to be ₦8.8 million.

    He said another ₦2 million was allegedly handed over the next day, with Ibrahim expected to explain its purpose later.

    Claims of alleged plot discussion

    He told the court that Ibrahim later hinted that Ma’aji was unhappy with the state of the country and planned to “sanitise the government” with the support of unnamed associates.

    Umoru also alleged there was mention of using an ambulance driver to gain access into the Presidential Villa.

    Denial of coup involvement

    Despite the allegations, Umoru insisted he had no knowledge of any plan to overthrow the government, saying he only became suspicious later.

    He said he confronted Ibrahim after noticing repeated financial transactions and claimed he was misled throughout the process.

    Umoru also apologised to his employers and expressed support for President Tinubu’s administration.

    Case background

    The Federal Government is prosecuting six defendants in the case marked FHC/ABJ/CR/206/2026, including Umoru, Ibrahim, and several retired military officers.

    They were arraigned on 13 counts on April 22, 2026.

  • Birthday Twist as Kalu Signs Tinubu’s 2027 Nomination Form

    Deputy Speaker of the House of Representatives, Benjamin Kalu, has publicly endorsed President Bola Tinubu’s second-term bid, signing his nomination form for the 2027 general elections.

    The move coincided with Kalu’s 55th birthday, which he described as a symbolic moment to reaffirm his political stance.

    “A birthday gift” — Kalu explains move

    Kalu said endorsing the President’s form was a rare privilege and a meaningful way to mark his birthday.

    “This was indeed a beautiful birthday gift… reaffirming my support and commitment to the continuity of the President’s Renewed Hope Agenda,” he said.

    Top figures join endorsement

    The signing took place on Tuesday alongside other key figures, including Ikeja lawmaker James Faleke and Minister of Interior Olubunmi Tunji-Ojo.

    Kalu disclosed the development in a post shared on his X handle.

    Backing continuity beyond 2027

    According to the Deputy Speaker, the endorsement reflects a broader commitment among some political leaders to sustain the current administration’s reforms.

    He said efforts remain focused on advancing development and improving the welfare of Nigerians.

    “We remain resolute in our pledge to work with Mr. President in delivering transformative reforms,” he added.

    Early signals ahead of 2027

    The development adds to early political signals ahead of the 2027 elections, with alignments and endorsements gradually taking shape within the ruling camp.

  • Tinubu Meets Global Investors in Paris, Pushes Reforms and Fiscal Discipline Agenda

    President Bola Tinubu has met with global investors in Paris, France, where he outlined his administration’s economic reform agenda and commitment to fiscal discipline.

    The meeting forms part of his ongoing three-nation trip aimed at strengthening investor confidence in Nigeria.

    Tinubu defends reform strategy

    Speaking at the session, Tinubu said his government’s policies are focused on removing economic distortions and stabilising key macroeconomic indicators.

    He stressed that transparency, especially in the oil sector, remains a priority, alongside broader efforts to ensure policy consistency.

    “The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” he said.

    Investors react to policy direction

    Some of the investors at the meeting commended the reforms and expressed optimism about Nigeria’s economic outlook.

    During the engagement, Tinubu also addressed questions about his long-term plans, including his post-2027 agenda, reaffirming his commitment to transparency and sustained policy execution.

    Finance minister highlights growth figures

    Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, pointed to improvements in key economic indicators.

    He disclosed that Nigeria recorded 11.2 per cent GDP growth in dollar terms in 2025, aligning with the government’s target of building a $1 trillion economy by 2030.

    Oyedele added that the administration would begin publishing quarterly financial data to strengthen accountability.

    Debt management and investor confidence

    Director-General of the Debt Management Office, Patience Oniha, assured investors of a responsible approach to borrowing.

    She said the government remains focused on sustainable debt management while supporting economic growth.

    The meeting brought together investors from major global institutions, including Citibank, Amundi, and Prudential Global Investment Management.

  • Datti Baba-Ahmed Criticises Tinubu Government, Says Islam Facing ‘Reputational Damage’

    Former vice-presidential candidate Yusuf Datti Baba-Ahmed has criticised the administration of President Bola Tinubu, claiming that Islam is facing reputational damage under the current leadership.

    He made the remarks on Monday at a political event organised by the Peoples Redemption Party (PRP) in Abuja.

    Datti raises concerns over leadership

    Baba-Ahmed said his comments were not aimed at religion but at leadership and representation.

    “It’s not easy for me to say this… but it must be said,” he stated while addressing attendees.

    He argued that leadership under the current administration has negatively shaped global perceptions.

    References global examples

    The former vice-presidential candidate compared Nigeria’s situation with countries previously led by Muslim leaders.

    He cited figures such as Muammar Gaddafi and Saddam Hussein, noting that despite human rights concerns, they recorded measurable development outcomes.

    “All over the world, where Muslims have ruled or are ruling, there is peace and tranquillity, and there is justice,” he said.

    Clarifies stance on religion

    Baba-Ahmed stressed that his position was not about promoting religion but about accountability in governance.

    He said leadership should reflect genuine values, whether Christian or Muslim.

    “If you are bringing a Christian, we want a genuine Christian. If you are bringing a Muslim, we want a genuine Muslim,” he added.

    Remarks stir debate

    The comments have begun generating reactions, with observers interpreting them within the broader political discourse ahead of the 2027 elections.

    His remarks add to ongoing conversations around governance, leadership credibility, and public perception in Nigeria’s political space.

  • ‘Tinubu Cancelled Trip Over Obi, Kwankwaso Move?’ — Viral Claim Sparks Fresh Political Debate

    A viral political claim circulating on social media has stirred fresh debate after a man alleged that President Bola Ahmed Tinubu cancelled a planned foreign trip over recent opposition realignments.

    The claim, which has gained traction online, links the alleged decision to reports of Peter Obi and Rabiu Musa Kwankwaso moving to the Nigeria Democratic Congress (NDC).

    Claims of calculated political strategy

    In the widely shared post, the man argued that the emergence of the NDC was not sudden but part of a long-term political strategy.

    He referenced former Bayelsa State Governor, Seriake Dickson, suggesting that the development involved experienced political actors and careful planning.

    According to him, the situation intensified when it became clear that the African Democratic Congress (ADC) would not serve as the main coalition platform.

    Allegations of legislative response

    The man further claimed that the development triggered urgent moves within the National Assembly to block last-minute political defections.

    “The NDC movement wasn’t an impromptu movement,” he wrote. “What quickened it was that when Tinubu found out ADC wasn’t the mainstream coalition party, he quickly sent his boys to the NASS to pass a bill which will prevent any last minute movement.”

    The claim, however, has not been independently verified.

    Speculation over alleged trip cancellation

    He also suggested that the reported defection of Obi and Kwankwaso forced a swift response from the ruling camp.

    “You think Tinubu cancelled his health trip for fun? It’s bigger than what many think,” he added.

    There has been no official confirmation from the Presidency regarding any cancelled trip or its connection to political developments.

    Mixed reactions trail claim

    The post has since generated mixed reactions, with some users expressing concern over shifting political alliances, while others dismissed the claim as speculation.

    As of the time of filing this report, there is no verified evidence linking any presidential travel decision to the alleged political movements.

  • ALGON Backs Tinubu for 2027, Suspends Three LG Chairmen Over Misconduct

    The Association of Local Governments of Nigeria (ALGON) has endorsed President Bola Tinubu for a second term ahead of the 2027 general elections, while also announcing the suspension of three local government chairmen over alleged misconduct.

    The decisions were reached at the association’s 54th Expanded National Executive Council meeting held in Abuja.

    Endorsement rooted in ‘continuity’

    The meeting, chaired by ALGON National President Bello Lawal, brought together members from all 36 states, the Federal Capital Territory, and past leaders of the association.

    A former ALGON President, Alabi Kolade David, moved the motion for Tinubu’s endorsement, which was seconded by Plateau State ALGON Chairman, Anani Hamisu Mohammed.

    In a communiqué issued after the meeting, Mohammed said the endorsement was based on the belief that continuity would strengthen governance at the grassroots.

    “A second term will deepen grassroots governance and consolidate ongoing reforms,” he said.

    Renewed Hope Agenda cited

    ALGON said its support for Tinubu was tied to the administration’s Renewed Hope Agenda, which it claimed had improved fiscal capacity and autonomy at the local government level.

    According to the association, stronger councils would enhance service delivery, deepen democracy, and bring governance closer to the people.

    It added that ongoing reforms have positioned local governments to better meet their constitutional responsibilities.

    Three chairmen suspended

    Meanwhile, the council announced the suspension of three local government chairmen.

    They are Zakari Iliyasu of Agwara LGA in Niger State, Abubakar Danladi Abdullahi of Kaiama LGA in Kwara State, and Abba Shehu Tambuwal of Tambuwal LGA in Sokoto State.

    ALGON said the officials were suspended over allegations including impersonation, actions against the association’s interest, and abuse of constitutional provisions.

    Warning to MDAs, partners

    The association warned ministries, departments and agencies, state governments, and development partners against engaging with the suspended officials.

    It stressed that the affected chairmen no longer have authority to act on behalf of ALGON in any capacity.

    Vote of confidence in leadership

    ALGON also passed a vote of confidence in its national president, Bello Lawal, reaffirming support for his leadership.

    The council pledged continued commitment to unity within the association and policies aimed at strengthening grassroots development.

    The endorsement adds to a growing list of political backing for Tinubu ahead of the 2027 elections.

  • Nigeria’s World Bank Debt Hits $19.89bn as Borrowing Rises Under Tinubu

    Nigeria’s debt to the World Bank has increased to $19.89 billion as of December 31, 2025, marking a significant rise within one year, according to data released by the Debt Management Office (DMO).

    Debt rises by over $2bn in one year

    The figure represents an 11.7 per cent increase from the $17.81 billion recorded in 2024, reflecting an additional $2.08 billion borrowed from the global lender.

    The World Bank debt includes loans from the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD).

    Breakdown shows increase across loan categories

    Data from the DMO shows that Nigeria’s debt to the IDA rose from $16.56 billion in 2024 to $18.51 billion in 2025.

    Similarly, exposure to the IBRD increased from $1.24 billion to $1.38 billion within the same period.

    The combined loans accounted for 38.36 per cent of Nigeria’s total external debt stock, which stood at $51.86 billion by the end of 2025.

    Total external debt continues upward trend

    Although slightly lower than the 38.90 per cent share recorded in 2024, the World Bank remains Nigeria’s largest external creditor.

    The country’s total external debt also rose from $45.78 billion in 2024 to $51.86 billion in 2025.

    Tinubu defends borrowing policy

    President Bola Tinubu has defended his administration’s borrowing strategy amid growing criticism over Nigeria’s rising debt profile.

    In a viral video, the president said, “If we have to borrow money, we will borrow. Borrowing money is not leprosy. We just have to work hard to give to people.”

    Loans linked to reforms and infrastructure

    The administration has approved multiple borrowing plans since 2023, including a $2.25 billion World Bank loan approved in June 2024 to support economic reforms and social interventions.

    In July 2025, the Senate also approved an external borrowing plan exceeding $21 billion, alongside other financial instruments in euros, yen, and grants.

    More recently, the National Assembly approved a $516.3 million syndicated loan for the Sokoto–Badagry Superhighway project.

    Concerns grow over rising debt burden

    Nigeria’s total public debt has continued to rise sharply, reaching about N144.67 trillion by the end of 2024 from N97 trillion in 2023.

    Recent estimates suggest the figure may have climbed to around N159 trillion in 2026.

    Economists and opposition figures have raised concerns over the growing cost of debt servicing, warning that it could limit funding for critical sectors such as healthcare, education, and infrastructure.