Category: Politics

  • ₦34 trillion missing: Peter Obi raises alarm over massive revenue leak in Nigeria

    ₦34 trillion missing: Peter Obi raises alarm over massive revenue leak in Nigeria

    ABUJA, Nigeria — 18 April 2026 (NPA) — African Democratic Congress (ADC) presidential aspirant, Mr. Peter Obi, has raised concerns over a recent World Bank report indicating that, while Nigeria’s federation revenue surged to ₦84 trillion within three years, a staggering 41%—amounting to ₦34.44 trillion—was not remitted to the Federation Account.

    In a statement issued on Saturday titled “Nigeria Is Bleeding From Within,” Obi noted that the missing sum exceeds the combined ₦34 trillion allocated to capital projects in the 2024 and 2025 Appropriation Acts. He said the comparison underscores the gravity of the situation and suggests deep systemic failure.

    The former Anambra State governor described the development not as an oversight, but as evidence of institutionalised corruption on a massive scale.

    Recalling the 1994 Okigbo Panel report, which revealed that $12.4 billion from the Gulf War oil windfall was unaccounted for, Obi said Nigerians reacted with widespread outrage at the time. “Today, an even more troubling situation appears to be unfolding, yet it is met with disquieting silence,” he stated.

    He described the situation as a “lethal paradox” in which the nation earns more revenue but has less to invest in critical sectors such as healthcare, education, and infrastructure. Since 2025, he noted, systemic deductions have enabled agencies to retain more resources than entire states and key ministries.

    Obi said the persistent leakages help explain why countries with fewer resources continue to outperform Nigeria across major development indices. He questioned how meaningful progress can be made in power, education, healthcare, and infrastructure under such conditions.

    “Nigeria has no business being poor,” he said. “We must halt these leakages through disciplined and transparent leadership driven by character. It is time to redirect our hijacked resources back to the people and position Nigeria among developed nations.”

    The statement concluded: “With our collective resolve to change this corruption-infested system, a New Nigeria is possible.” —PO

  • Obi condemns abduction of UTME candidates in Benue, blames leadership failure

    Obi condemns abduction of UTME candidates in Benue, blames leadership failure

    ABUJA — 18 April 2026 (NPA) — Former Anambra State Governor Peter Obi has condemned the abduction of candidates sitting the Unified Tertiary Matriculation Examination (UTME) in Benue State, describing the incident as “utterly heartbreaking” and a reflection of worsening insecurity in the country.

    In a statement issued on Friday, Obi, a leading figure in the African Democratic Congress (ADC) and a presidential aspirant for the 2027 elections, said young Nigerians seeking education were increasingly being exposed to violence. He noted that the country already has a low proportion of tertiary graduates — about one per cent — compared with countries such as Indonesia and South Africa.

    He described the incident as unacceptable, stressing that Nigeria cannot afford to lose more students to insecurity.

    Obi criticised authorities responsible for security, accusing them of focusing more on electoral ambitions than on protecting citizens. He said the same level of coordination allegedly used to project political strength should instead be directed towards securing roads, preventing attacks and rescuing abducted students.

    The former presidential candidate, known for his “A New Nigeria is Possible” mantra, further described the incident as part of a broader pattern of insecurity, warning that it represents a national crisis requiring urgent and decisive action.

    He added that the situation demands leadership commensurate with the scale of the challenge, rather than silence or inaction, warning that a nation that fails to protect its youth risks jeopardising its future.

  • Tinubu signs ₦68.32tn 2026 budget, extends 2025 capital spending deadline

    Tinubu signs ₦68.32tn 2026 budget, extends 2025 capital spending deadline

    ABUJA, Nigeria — 18 April 2026 (NPA) — President Bola Ahmed Tinubu has assented to the 2026 Appropriation Act, approving a total expenditure of ₦68.32 trillion, while also signing legislation to extend the implementation of the 2025 budget’s capital component to 30 June 2026.

    The newly signed budget provides for ₦4.799 trillion in statutory transfers, ₦15.8 trillion for debt servicing, and ₦15.4 trillion for recurrent expenditure. A further ₦32.2 trillion has been allocated to the Development Fund for capital expenditure, representing roughly half of the total budget and signalling a strong focus on infrastructure and long-term growth.

    According to a statement issued by presidential spokesman Bayo Onanuga, the allocations are designed to balance statutory obligations, debt commitments and operational costs with investments aimed at boosting productivity and improving living standards.

    The President also signed the Appropriation (Repeal and Enactment) (Amendment) Act, 2026, which extends the capital spending timeline under the 2025 budget from 31 March to 30 June 2026. The extension is intended to allow for the completion of key infrastructure and development projects already at advanced stages.

    The presidency said the additional time would enable Ministries, Departments and Agencies (MDAs) to consolidate ongoing work, improve project delivery rates and ensure more effective use of public funds.

    With the 2026 budget taking effect from 1 April, the Federal Government is set to begin full implementation in line with its Renewed Hope Agenda. President Tinubu directed MDAs to ensure disciplined, transparent and efficient use of resources, with emphasis on value for money and timely execution of projects.

    He also commended the National Assembly of Nigeria for what he described as its diligence and cooperation in the swift passage of the budget, stressing the importance of continued collaboration between the executive and legislative arms of government.

    The President reaffirmed his administration’s commitment to fiscal reforms, improved revenue generation and targeted investments aimed at stimulating economic growth, creating jobs and strengthening social protection programmes.

  • Kaduna Governor Uba Sani approves N4.29 billion for pension payments

    Kaduna Governor Uba Sani approves N4.29 billion for pension payments

    KADUNA, Nigeria — April 17, 2026 (NPA) — Kaduna State Governor Uba Sani has approved the release of N4.289 billion for the payment of pension entitlements, gratuities and death benefits to retired civil servants and families of deceased workers in the state and local government services.

    The payment covers obligations under both the Contributory Pension Scheme (accrued rights) and the Defined Benefit Scheme, including death benefits and gratuities.

    In a statement, the state government said the disbursement is aimed at restoring hope and dignity to retirees, strengthening social protection and clearing outstanding pension liabilities as part of broader reforms focused on fiscal discipline, transparency and sustainability.

    The intervention underscores the administration’s commitment to the welfare and financial security of senior citizens, while rebuilding confidence in the pension system.

    With the latest payment, the total amount disbursed since the inception of the current administration has risen to N17.796 billion, benefiting at least 8,344 retirees and families of deceased workers.

    The government said the initiative forms part of ongoing reforms designed to ensure the sustainability and timely settlement of pension obligations in the state.

  • ADC clarifies tenure of newly elected executives

    ADC clarifies tenure of newly elected executives

    ABUJA, Nigeria — 17 April 2026 (NPA) — The African Democratic Congress (ADC) has clarified that following its recent congress and national convention, the tenure of all newly elected state executives and other party officers will not commence until the expiration of the current executives’ tenure and their formal inauguration by the party on May 12, 2026, or on any later date officially communicated.

    According to a statement issued Friday by the party’s spokesperson, Mallam Bolaji Abdullahi, all existing executives remain the duly recognised officers of the party until the completion of this constitutional transition process.

    The ADC urged newly elected executives, particularly at the state level, to refrain from any action, representation, or conduct that could contravene the directive or create confusion within the party structure.

    “The ADC remains committed to orderliness, discipline, and strict adherence to its constitution and democratic processes,” the statement concluded.

  • Tinubu reaffirms commitment to democracy, says ‘they cannot scare me off’

    Tinubu reaffirms commitment to democracy, says ‘they cannot scare me off’

    ABUJA, Nigeria — 17 April 2026 (NPA) — President Bola Ahmed Tinubu has reiterated his administration’s unwavering commitment to democracy, emphasizing respect for the judiciary and adherence to lawful court orders. He pledged not to be swayed by “noise, disorder, or defiance,” stressing that Nigeria’s unity and shared vision remain central to national progress.

    Speaking at a forum in Abuja on Thursday before the leadership and coordinators of the Renewed Hope Ambassadors — a group aligned with his government’s policies and 2027 re-election bid — Tinubu underscored that national greatness can only be achieved through collective effort. He called for “one country, one common vision, one shared future of progress and prosperity for all Nigerians,” echoing his administration’s mantra of Renewed Hope.

    The remarks followed criticism from former Osun State Governor and African Democratic Congress (ADC) chieftain, Rauf Aregbesola, who at the ADC’s 8th National Convention in Abuja dismissed the APC’s Renewed Hope agenda as a “scam,” insisting that the ADC remains the true hope for Nigeria’s masses.

    Responding firmly, Tinubu declared: “They cannot scare me off. I have been through this road before and, if I must walk it again and again for our country, I will. There is no better place than Nigeria, and no one will build it for us except ourselves.”

    Acknowledging the challenges ahead, the president urged APC members to strengthen coordination from the ward level, act as one family, and remain focused on delivering the party’s promises to Nigerians.

    Meanwhile, the ADC has accused the APC of attempting to turn Nigeria into a one-party state, alleging that the ruling party was behind its leadership deregistration by the Independent National Electoral Commission (INEC) and its difficulties in securing a venue in Abuja for its recent convention. The APC has repeatedly denied these claims, insisting that the opposition’s leadership crisis is self-inflicted.

  • Aregbesola declares ADC ‘Only Hope’ for Nigerians, calls ‘Renewed Hope’ agenda a scam

    Aregbesola declares ADC ‘Only Hope’ for Nigerians, calls ‘Renewed Hope’ agenda a scam

    ABUJA, Nigeria — 15 April 2026 (NPA) — Former Governor of Osun State and chieftain of the African Democratic Congress (ADC), Rauf Aregbesola, has declared that the ADC remains the only hope for Nigeria’s masses.

    Speaking at the party’s 8th National Convention in Abuja during the presentation of the Secretariat Report, Aregbesola, who previously served as Minister of Interior, described the ruling All Progressives Congress (APC) as “a scam.” He told delegates that the ADC is on a rescue mission to free the country from what he termed the “strangulating grasp” of the APC.

    “The ruling party never had a vision; its Renewed Hope agenda was a scam,” he said, accusing the APC of foisting an electoral law that effectively decriminalises forgery and false claims in electoral documents. “We proclaim our existence because our country is worth all necessary sacrifices,” he added.

    Aregbesola criticised the government’s handling of the economy, noting that the exchange rate has doubled since 2023, rising from about ₦700 to the dollar to around ₦1,400. He argued that such devaluation is devastating for an import-dependent economy.

    He also highlighted the impact of inflation, pointing out that fuel prices have risen from between ₦185 and ₦238 per litre before the current administration to about ₦1,400 per litre today. He said the soaring cost of transportation has made commuting unrealistic for many workers.

    On power supply, Aregbesola recalled that the government had promised not to seek re-election if it failed to provide constant electricity. “Today, power supply is far worse, with some parts of the country receiving an average of two hours daily and others in darkness for weeks and months,” he said.

    He concluded that an honest president should step down after failing to deliver on such promises, but instead, Nigerians are witnessing “the most desperate attempt by a candidate in Nigerian electoral history to retain power at all costs, even if it means bringing down the entire democratic system.”

  • Peter Mbah champions infrastructure as catalyst for Enugu’s economic growth

    Peter Mbah champions infrastructure as catalyst for Enugu’s economic growth

    ENUGU, Nigeria — 15 April 2026 (NPA) — The Governor of Enugu State, Peter Ndubuisi Mbah, has reaffirmed that infrastructure remains the cornerstone of economic transformation, stressing that his administration is deliberately laying a solid foundation for long-term prosperity.

    In a statement, Governor Mbah explained that his government’s road projects are not merely about construction but about reshaping the state’s economic landscape. He highlighted the development of Greenfield corridors, which involve opening new routes to connect Enugu with neighbouring states, positioning the state as a strategic hub for commerce and investment.

    He cited the Owo–Ubahu–Amankanu–Neke–Ikem project as an example, noting that it links several local governments and communities, ensuring that development is spread across the state rather than concentrated in urban centres. “These roads are creating a gateway to the North Central region, with direct access towards Abuja, improving the movement of people, goods, and services across regions. The dual carriageway, spanning 80 kilometres in total, is designed to reduce travel time, improve safety, and support long-term economic growth,” he said.

    Governor Mbah emphasised that his administration’s vision goes beyond physical infrastructure. “We are not just building roads; we are building pathways to prosperity,” he remarked, underscoring the broader ambition of creating a more connected, accessible, and economically resilient Enugu State.

    He added that the bigger picture is clear: a state that is better integrated into national and regional networks, offering opportunities for residents and travellers alike. By prioritising infrastructure, the administration aims to stimulate trade, attract investment, and enhance the quality of life for citizens.

    This renewed focus on infrastructure reflects the government’s determination to transform Enugu into a model of sustainable development in southeastern Nigeria, ensuring that growth is inclusive and far-reaching.

  • Tinubu commissions NRS Headquarters, says new tax reforms will drive prosperity

    Tinubu commissions NRS Headquarters, says new tax reforms will drive prosperity

    ABUJA, Nigeria — 14 April 2026 (NPA) — President Bola Tinubu on Tuesday said colonial-era tax laws impoverished Nigerians through fragmentation, multiplicity, and inconsistencies, but assured that ongoing reforms will deliver greater prosperity and inclusivity.

    Speaking at the commissioning of the 16-storey Nigeria Revenue Service (NRS) Headquarters in Abuja, the President emphasised that the new tax system, which became fully operational in January, is designed to be people-centred and investment-friendly, advancing national development goals.

    “On my inauguration day, I made a solemn pledge that we will move Nigerians from the dimness of uncertainty into the clear light of renewed hope. Today, I stand before you to reaffirm that these words were not rhetoric; they were a covenant with the Nigerian people,” Tinubu said.

    He commended the Executive Chairman of the NRS, Dr. Zacch Adedeji, for completing the edifice in 30 months, noting that it provides a conducive working environment for 3,000 staff, along with modern facilities including a data centre, clinic, auditorium, training halls, gym, and library.

    “We are not gathered here merely to commission an edifice. We are here to mark a milestone in a larger national journey: the deliberate strengthening of our fiscal foundation and rebuilding of confidence in public institutions. No serious nation can achieve lasting prosperity on a weak and fragmented revenue system,” the President added.

    Tinubu also praised the Minister of State for Finance, Taiwo Oyedele, for leading efforts to modernise colonial-era tax laws into “manageable, realisable, and understandable levels.” He assured that the reforms are designed to simplify the system, eliminate distortions, and create a fair, transparent, and investment-friendly environment.

    “The early results are encouraging and fantastic. We are witnessing improved fiscal stability, stronger foreign reserves, a more efficient trade ecosystem, and increased investor confidence in Nigeria’s economic direction,” he said.

    Senate President Godswill Akpabio urged Nigerians to be patient with the administration, citing improvements in fuel supply and economic stability. Speaker of the House of Representatives, Tajudeen Abbas, commended the reforms for aligning rules, institutions, and incentives within a single framework.

    In his remarks, NRS Chairman Adedeji described the commissioning as “the culmination of a defining institutional journey,” noting that over 60 fragmented tax laws have been streamlined into a coherent framework. He highlighted revenue growth from ₦6.8 trillion five years ago to ₦28.7 trillion in 2025, alongside strengthened fiscal governance and the launch of the National Single Window for trade.

    Delivering a goodwill message, Guan Shuai, Managing Director of China Civil Engineering and Construction Company (CECC), praised Tinubu’s leadership, saying the Renewed Hope Agenda has repositioned Nigeria’s economy for foreign direct investment.

  • Sokoto Governor Ahmad Aliyu declares open NBA Caliphate Bar Law Week, pledges stronger justice sector

    Sokoto Governor Ahmad Aliyu declares open NBA Caliphate Bar Law Week, pledges stronger justice sector

    SOKOTO, Nigeria — 14 April 2026 (NPA) — The Sokoto State Governor, Ahmad Aliyu Sokoto, today declared open the 2026 Caliphate Bar Law Week of the Nigerian Bar Association (NBA), Sokoto Branch, themed “Secured Nation, Secured Future.”

    Speaking on the state government’s interest and participation in the law event, the governor said his administration remains steadfast in strengthening the justice sector—promoting judicial independence, improving infrastructure, and enhancing access to justice for all.

    He referenced his government’s latest promotion of judges and Khadis, alongside the ongoing construction of a new High Court complex and support for the Shari’ah Court of Appeal, as part of efforts to lay a solid foundation for a more efficient and responsive judicial system in the state.

    Governor Sokoto commended the NBA Sokoto Branch for its unwavering commitment to the rule of law and legal excellence.

    He also appreciated the presence and insights of the Honourable Attorney-General of the Federation, noting that his call for grassroots justice and stronger community-based solutions resonates deeply with the vision of the state government for effective and efficient justice administration and dispensing.