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  • UPDATED: Nigeria advance to AFCON semifinals, beat Algeria 2-0

    UPDATED: Nigeria advance to AFCON semifinals, beat Algeria 2-0

    The Super Eagles are advanced to the semifinals of AFCON 2025 after they beat the Desert Foxes of Algeria 2-0 in Marrakech. 

    The Eagles entered the match after a commanding 4-0 win over Mozambique in the Round of 16, having scored 12 goals in four matches, the tournament’s most prolific attack.

    The Eagles dominated the first half against Algeria in the quarter-final clash, creating multiple scoring opportunities but struggling to break through the Desert Foxes’ resolute defence.

    The first goal came in the second half from an header scored by striker Victor Osimhen, the lead was then doubled by his strike partner Akor Adams in the 57th minute.

    Nigeria have booked their place in the last four and will face hosts Morocco in the semifinals.

  • BREAKING: Eagles zoom into AFCON 2025 semi-finals

    BREAKING: Eagles zoom into AFCON 2025 semi-finals

    The Super Eagles are through to the semi finals of the 2025 AFCON. 

    The Eric Chelle’s boys defeated Algeria 2-0 in the quarter finals with goals from Victor Osimhen and Samuel Akor. 

    They will pay the semi finals against hosts Morocco. 

    Details shortly…

  • FULL LIST: Starting XI of Super Eagles vs Algeria

    FULL LIST: Starting XI of Super Eagles vs Algeria

    The starting line-up of the Nigeria remains unchanged for their quarter-final clash against Algeria at the 2025 Africa Cup of Nations.

    Super Eagles head coach Éric Chelle has retained the same side that delivered a commanding 4–0 victory over Mozambique in the Round of 16, showing confidence in a team that has impressed throughout the tournament.

    In attack, Ademola Lookman the tournament’s second-highest goalscorer and leading assist provider will once again partner Victor Osimhen and Akor Adams. The prolific front three have combined for nine goals so far in the competition.

    Osimhen keeps his place in the line-up despite the controversy surrounding his emotional outburst during the previous match, where he appeared to clash with teammates and refused to huddle after the final whistle. The incident sparked calls from sections of the Nigerian football community for his omission, but Chelle has opted for continuity.

    Captain Wilfred Ndidi will anchor the midfield alongside Frank Onyeka, providing balance and protection for playmaker Alex Iwobi. At the back, Calvin Bassey, who is one yellow card away from suspension, marshals the defence in a familiar 4-3-3 setup.

    The quarter-final encounter will kick off at 5pm Nigerian time at the Grand Stade de Marrakech. The winner will advance to face hosts Morocco in the semi-finals.

    Super Eagles Starting XI

    Stanley Nwabali; Bright Osayi-Samuel, Calvin Bassey, Semi Ajayi, Bruno Onyeamaechi; Wilfred Ndidi (C), Frank Onyeka, Alex Iwobi; Ademola Lookman, Akor Adams, Victor Osimhen.

  • FG targets ₦33.39trn revenue, sets aside ₦15.91trn for debt service in 2026

    FG targets ₦33.39trn revenue, sets aside ₦15.91trn for debt service in 2026

    The Federal Government has projected revenue of N33.39 trillion for the 2026 fiscal year while proposing to spend N15.91 trillion on debt servicing, according to details contained in the 2026 Appropriation Bill before the National Assembly.

    The revenue framework in the bill shows that the largest portion of federally generated income will come from the country’s share of net federation revenues estimated at N20.20 trillion. 

    This comprises N18.84 trillion from the fyederal Government’s share of the main Federation account pool, N1.29 trillion from the Value Added Tax pool and N63.85 billion from the Electronic Money Transfer Levy.

    Independent revenues are projected at N4.31 trillion, reflecting expectations from government-owned institutions and agencies. Of this amount, tax-related independent revenues are put at N124.25 billion, while non-tax revenues are estimated at N845.98 billion. 

    Operating surplus from government agencies is expected to contribute N3.34 trillion, reinforcing the government’s reliance on remittances from ministries, departments and agencies to fund public expenditure.

    Additional inflows are expected from dividends paid by government-linked enterprises, with total dividend income projected at N247.70 billion. The Nigeria Liquefied Natural Gas Limited is expected to contribute N135.14 billion while the Development Bank of Nigeria and the Bank of Agriculture are projected to remit N57.97 billion and N51.05 billion respectively. Galaxy Backbone is expected to add N3.55 billion, while no dividend is projected from the Bank of Industry for the year under review.

    The budget also anticipates N1.37 trillion from foreign aid and grants, reflecting continued engagement with development partners to support priority programmes. Special levies and transfers to designated government accounts are estimated at N300 billion.

    Revenue from government-owned enterprises is projected at N9.40 trillion, although this figure is adjusted for operating surplus, resulting in net revenue of N4.98 trillion after deducting N4.42 trillion classified as operating surplus already captured under independent revenues.

    Other revenue sources are expected to generate N1.99 trillion. This includes N1.90 trillion from development levies, N22.68 billion from domestic recoveries, assets and fines, and N65.05 billion from oil price royalty receipts. No revenue is projected from signature bonuses or renewals within the period.

    On the expenditure side, the Federal Government plans to allocate N15.91 trillion to service public debt in 2026, underscoring the significant fiscal burden of debt obligations on public finances. 

    Domestic debt service, including Ways and Means advances, is estimated at N10.16 trillion, while foreign debt service is projected at N5.36 trillion.

    In practical terms, this means that in 2026 the Federal Government plans to spend far more servicing debts owed within Nigeria than those owed to external creditors, and that domestic borrowing remains the dominant pressure on public finances.

    The N10.16 trillion domestic debt service covers interest and principal repayments on loans raised inside the country. These include Federal Government bonds, Treasury bills, Sukuk, savings bonds, and, crucially, Ways and Means advances from the Central Bank of Nigeria. 

    Ways and Means are short-term overdraft facilities the government uses to cover cash shortfalls, but over time they have grown into a large stock of debt that now attracts significant interest costs. 

    The size of this figure shows that financing government deficits through domestic borrowing and Central Bank support has created a heavy repayment obligation that must be met before other spending priorities.

    The N5.36 trillion foreign debt service relates to obligations to external lenders such as multilateral institutions, bilateral partners, and holders of Nigeria’s Eurobonds. These payments are usually denominated in foreign currency, mainly dollars, which means they place pressure on the country’s external reserves and foreign exchange market. 

    Although the foreign debt service figure is lower than domestic debt service, it carries additional risks because it depends on exchange rate movements and the availability of foreign currency.

    Putting both figures together, shows that debt servicing alone will absorb a very large share of government resources in 2026. When combined, domestic and foreign debt service of about N15.5 trillion accounts for a substantial portion of total projected revenue, leaving less fiscal space for capital projects, social services, and economic development programmes. 

    The heavier weight of domestic debt service also suggests that while external borrowing often attracts public attention, the more immediate strain on the budget is coming from debts accumulated within the local financial system and from central bank financing of government spending.

    In addition, N388.54 billion is set aside for a sinking fund aimed at retiring maturing promissory notes, bringing total debt service provisions for the year to N15.91 trillion.

    The figures indicate that nearly half of the federal government’s projected revenue for 2026 will be devoted to meeting debt obligations, a trend that continues to shape fiscal planning and constrain spending space for development and social programmes.

  • Tax reform panel counters KPMG report

    Tax reform panel counters KPMG report

    Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee has faulted key aspects of a recent publication by KPMG on the country’s newly enacted tax laws.

    The Committee argued that much of the firm’s analysis was based on misunderstandings of policy intent, mischaracterisation of deliberate reforms and the presentation of opinions as facts.

    Chairman of the Committee, Taiwo Oyedele, in a detailed response titled “Response to KPMG: Observations on Nigeria’s New Tax Laws,” said while some of the issues raised by the consulting firm were useful, particularly those relating to implementation risks and clerical or cross-referencing matters, the bulk of the commentary failed to properly situate the reforms within their broader fiscal and economic objectives.

    According to Oyedele, several matters described by KPMG as “errors”, “gaps” or “omissions” were either based on incorrect conclusions, incomplete understanding of the reforms, missed policy context, or reflected preferences for alternative outcomes rather than flaws in the law itself. 

    He said disagreement with policy direction should not be presented as technical errors, noting that other professional firms adopted a more constructive approach by engaging directly with policymakers for clarification and mutual learning.

    Oyedele stressed the new tax laws contain deliberate policy choices designed to meet defined reform objectives, and that it is important to distinguish between such choices and recommendations that merely reflect the preferences of external advisers.

    Addressing concerns around the taxation of shares and the stock market, Oyedele dismissed suggestions that the new chargeable gains provisions would trigger a sell-off. 

    He said the tax rate on gains from shares was not a flat 30 per cent, explaining that it ranged from zero to a maximum of 30 per cent, which is expected to reduce to 25 per cent. 

    Oyedele added about 99 per cent of investors qualify for unconditional exemption, while others are eligible subject to reinvestment. 

    “The stock market is currently at an all-time high with increased investment flows, showing that investors understand that the reforms strengthen company fundamentals, profitability and cash flows,” he said, adding that claims of an impending sell-off were not supported by evidence.

    On the commencement date of the new laws, Oyedele argued that proposals to align implementation strictly with the start of an accounting period failed to appreciate the complexity of a wholesale tax reform. 

    He said the changes cut across multiple assessment bases, audit timelines, deductions, credits and penalties, making it impractical to anchor commencement to a single accounting date without leaving critical transition issues unresolved.

    He also defended the inclusion of provisions on the indirect transfer of shares, describing them as consistent with global best practice and international efforts to curb base erosion and profit shifting. 

    According to him, the objective was to close a long-standing loophole exploited by multinational companies and other investors, not to undermine competitiveness. 

    He described claims that the provision could threaten economic stability as misleading.

    On value added tax, Oyedele said calls for an explicit VAT exemption on insurance premiums were unnecessary, noting that insurance premiums do not constitute a taxable supply under Nigerian tax law. 

    “Insurance is about risk transfer, not the supply of goods or services subject to VAT. This has always been the legal and administrative position,” he said.

    Responding to concerns about the inclusion of “community” in the definition of a taxable person, Oyedele said the drafting approach was consistent with modern legislative principles. 

    He explained that statutory definitions apply wherever the defined term is used, unless the context dictates otherwise, adding that comprehensive definitions help streamline operative provisions and avoid repetition.

    He also defended the composition of the Joint Revenue Board, saying its revenue-focused membership was intentional and designed to provide subnational tax perspectives that complement the fiscal policy mandate of the Ministry of Finance. He noted that the structure mirrored that of the former Joint Tax Board, which functioned effectively.

    Clarifying dividend taxation, Oyedele said KPMG appeared to conflate foreign-controlled companies with foreign operations of Nigerian companies.

     He explained that dividends from foreign companies could not be franked because no Nigerian withholding tax would have been deducted, and that different treatment of dividends from Nigerian and foreign companies reflected a deliberate and logical policy distinction.

    On non-resident taxation, he said the assumption that final withholding tax automatically removes the obligation to register or file returns ignored the broader purpose of tax administration. 

    He noted that filing requirements apply even where tax has been finally deducted, both for residents and non-residents, as returns serve compliance and information purposes beyond revenue collection.

    Oyedele also criticised proposals that he said would undermine key reform objectives. 

    He rejected suggestions to exempt foreign insurance companies from tax on premiums written in Nigeria, warning that such a move would disadvantage local insurers in their own market. 

    He also defended the disallowance of tax deductions for foreign exchange sourced from the parallel market at rates above the official window, describing it as a fiscal measure aligned with monetary policy to discourage round-tripping and support naira stability.

    He further explained that linking deductibility of expenses to VAT compliance was an anti-avoidance measure aimed at eliminating the advantage previously enjoyed by businesses that patronised VAT-evading suppliers. 

    According to him, the rule promotes fairness and encourages voluntary compliance, especially given provisions that allow for self-charging of VAT.

    On personal income tax, Oyedele said criticisms of the 25 per cent top marginal rate ignored the fact that effective tax rates for high earners could be significantly lower due to pension contributions and other reliefs. 

    He said the rate compared favourably with those in several African countries and advanced economies, arguing that the structure promotes fairness without eroding competitiveness. 

    He added that the combination of higher rates for top earners and lower corporate tax was intended to ease the tax burden associated with business formalisation.

    He also pointed out factual errors in KPMG’s analysis, including references to the Police Trust Fund, which he said expired in June 2025 following the end of its six-year statutory lifespan. 

    He noted that concerns about the impact of small company tax exemptions on larger firms predated the new laws, as the relevant thresholds were introduced under the Finance Act 2021.

    Oyedele said the publication failed to acknowledge major structural improvements introduced by the reforms, such as tax simplification and harmonisation, the planned reduction in corporate tax rate to 25 per cent, expanded input VAT credits, exemptions for low-income earners and small businesses, the removal of minimum tax on turnover and capital, and stronger investment incentives for priority sectors.

    He said the reforms were the product of extensive consultations and a transparent legislative process that included public hearings and opportunities for professional input.

     While acknowledging that clerical inconsistencies could arise in any comprehensive overhaul, he said such issues were already being addressed internally.

    “The success of the new tax laws now depends largely on administrative guidance, clarifications from the tax authority and supporting regulations, pending future amendments,” Oyedele said. 

    He called on stakeholders to move beyond static critique and adopt a more collaborative approach that supports effective implementation and advances Nigeria’s goal of building a self-sustaining and competitive economy.

  • Rivers lawmakers adamant as stakeholders move to stop Fubara’s impeachment

    Rivers lawmakers adamant as stakeholders move to stop Fubara’s impeachment

    The 26 members of the Rivers State House of Assembly seeking the impeachment of Governor Siminalayi Fubara declared yesterday that they were pressing ahead with their plan just as the  apex socio-political organization in the  South-South , Pan Niger Delta Forum (PANDEF) activated a high-powered machinery to stop the plot.

    The lawmakers,in an update,said the impeachment process  “ is fully on course in line with relevant provisions of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).”

    “The two notices of allegations of gross misconduct brought pursuant to Section 188 of the Constitution against the Governor and Deputy have been forwarded to them by the Speaker of the House while we await their responses,” Chairman of the House Committee on Information, Petitions and Complaints, Enemi Alabo George said.

    He was reacting to speculations on social media that the process  had been halted or discontinued.

    He said the false narratives were designed to  “cause disaffection between the House and well-meaning Nigerians.”

    “We remain committed to our constitutional duties and would not be dissuaded by cheap blackmail or threats from those who do not mean well for our country’s nascent democracy,” he said and thanked the people of Rivers State for  “their prayers and encouragement and express our gratitude to all stakeholders and leaders at all levels and use this medium to extend our warm regards to all democrats who believe in the Nigerian project.”

    PANDEF  leaders -King Alfred Diete-Spiff, Amanyanabo of Twon-Brass and first military governor of the old Rivers State ; Obong Victor Attah, former Governor, Akwa Ibom State and Dr. Godknows Boladei Igali- set up  a seven member reconciliation committee to resolve the crisis between the Governor and the assembly members.

    The committee is chaired by a former Attorney-General of the Federation ,Chief Kanu Agabi, (SAN).

    Other members of the committee are  Senator Obende Domingo (former Senator, Edo North) – Vice Chairman; Chief Essien Nduese, a former Minister of Housing; Dr. Timiebi Koripamo-Agari.a retired Federal Permanent Secretaryy; Chief Mike Ejiofor, a retired director of the  Department of State Service);Mrs. Nella Rabana-Andem (SAN), a former Attorney-General of  Cross River State; and Prince Godwin Okotie, Secretary.

    Read Also: Fubara lacks capacity to win Rivers for Tinubu in 2027 – Rivers Deputy Chief Whip

    PANDEF expressed concern over the Thursday announcement by Rivers State Assembly Speaker Martin Amaewhule of moves to impeach the governor and his deputy, Professor Ngozi Odu for alleged gross misconduct..

    The group said theit was imperative   to forestall further escalation and breakdown of law and order in the state.

    It said its concern stemmed from “the critical importance and strategic centrality of Rivers State to the Niger Delta region and to the broader socio-political stability and economic wellbeing of Nigeria as a whole.”

    It added: “In keeping with its non-partisan posture and its overarching role as a unifying and motherly platform for the region, PANDEF calls on all parties involved in the resurgent political imbroglio to sheathe the sword and embrace peace, guided by the principles of give-and-take, dialogue, tolerance, and political equanimity. All stakeholders must place paramount importance on peace, development, and the welfare of the people of Rivers State, as well as the interests of other citizens of the South-South, Nigerians at large, and the sizeable expatriate community resident in the State. We must now focus squarely on good governance and development of the state.”

    PANDEF commended President Bola Tinubu, the leadership of the All Progressives Congress (APC), respected elders of Rivers State, and other well-meaning Nigerians for their previous and ongoing efforts aimed at restoring peace and stability in the State.

    It asked  all parties to fully cooperate with “this distinguished and highly respected team of senior Nigerians and sons and daughters of the South-South zone, as they selflessly commit their time and experience to this arduous assignment, with the objective of achieving a peaceful, fair, and sustainable resolution through a dispassionate and inclusive process.”

    The Nation gathered yesterday that some other eminent Nigerians from Rivers State  and groups had either stepped in or were in the process of brokering peace between Gov.Fubara,the assemblymen and Federal Capital Territory Minister Nyesom Wike,the estranged godfather of the governor.

    The governor himself is said to be out of the country.

    There has been no official response from him to the impeachment notice or the allegations leveled at him by the assemblymen.

    INC, Fubara’s political family reject impeachment

    The Ijaw National Congress (INC) and the political family of governor yesterday kicked against the impeachment threat.

    The INC in a statement signed by its President, Prof. Benjamin Okaba, condemned the impeachment move, describing it as a grave threat to democracy, peace, and stability in Rivers State and the Niger Delta region.

    “This is the third of such attempt since 2023, revealing a relentless cycle of political vendetta that must be broken.

    We stand firmly with the people of Rivers State and all defenders of constitutional order in rejecting this dangerous gambit”, Okaba said.

    He said the INC framed the crisis not merely as an Ijaw issue, but as a fundamental test for and threat to the country’s democracy, insisting that  “is not a matter of the Ijaw nation but of democracy”.

    Okaba said: “The allegations presented by the Assembly, including matters of budgetary spending and gubernatorial appointments, are governance issues that can and must be resolved within the framework of law and due process, not through the weaponization of impeachment.

    “This impeachment threat, no doubt, follows the collapse of a peace deal brokered by President Bola Tinubu in June 2025, aimed at resolving the feud between Governor Fubara and the FCT Minister, Nyesom Wike.

    “The Assembly’s notice cites Section 188 of the 1999 Constitution. However, the speed and context of this process raise questions about its adherence to the spirit of fairness and its use as a political tool rather than a genuine check on executive power.

    “The INC’s stance is also echoed by persons across the political spectrum, including within the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in Rivers State, who have also called for the impeachment to be dropped”.

    Okaba asked President Tinubu to act decisively as the father of the nation, appealing to the President to uphold constitutional democracy by using his authority and office to defend the constitutional order in Rivers.

    He urged the President to ensure absolute neutrality and fairness, adding that the peace and economic stability of the Niger Delta, hinged on the federal government being perceived as an honest broker.

    Okaba said the President should curb all agents of instability and safeguard federal allocations to Rivers.

    He said: “In this tense period, the INC urges and strongly advises all Ijaw people and residents of Rivers State to remain peaceful, law-abiding, and resolute. Do not be provoked into any action that could lead to violence or the destruction of property.

    Okaba urged the stakeholders to stand for democratic principles by channeling their energies into peaceful civic engagement, support lawful advocacy and defend democratic institutions.

    He said: “The legitimate development projects initiated by the state government must not be sacrificed on the altar of politics. We encourage all stakeholders to return to the path of genuine dialogue. The previous suspensions and state of emergency have not yielded lasting peace. Only an inclusive, good-faith dialogue can secure a sustainable future for the state.

    Okaba rallied Ijaw people across the world to defend what he described as brotherhood in Rivers State and elsewhere in similar circumstances.

    He said: “Ijaws and other ethnic nationalities and lovers of democracy globally must rise to the occasion now in defence of the Right of the PEOPLE, to good governance, orderliness and peaceful coexistence.

    “The INC does passionately appeal and advise both the executive and the legistative arms of government in Rivers State to work together amicably and peacefully in the overall interest of the Masses in the State, who are, indeed entitled to peace and development, and not self-destruction or anarchy

    “We will continue to monitor the situation closely and will take all legitimate and constitutional steps necessary to ensure that the rights of the Ijaw people and all citizens of Rivers State are protected, and that democracy prevails over impunity”.

    On its part,Fubara’s political family known as  the Supreme Council for Sim (SCS) called the  impeachment move illegal.

    Speaking after an emergency meeting in Port Harcourt, the leader of the group, Amb. Oji Ngofa said the reasons given  for the impeachment has no legal basis.

    “We all know that the governor transited the budget to the National Assembly which the fiscal life is still on. The Constitution allows for six months of grace into the new year. We don’t understand why impeachment was raised against the governor on the basis of the budget. It amounts to playing dangerous politics with the destiny of Rivers people.

    “This state belongs to everyone and as a group we have resolved today to resist any attempt to continue to take Rivers for a ride. The state belongs to everyone. We have the right to our collective patrimony as Rivers people.

    “We feel that what is going on has continued long enough and continue to insult the sensibilities of the people. We are not seeing any expression of the interest of Rivers man in what they are doing. What we are seeing is the attempt to appropriate our collective resources for self aggrandizement.

    “The state wants to live in peace. We have analysed all the issues and we believe the impeachment move is illegal. Members of the APC in the assembly have no right to endorse the move when they have not consulted internally to solve the problem.

    The Eastern Zone of the Ijaw National Congress (INC) and the Ijaw Youth Council (IYC) in separate statements blamed Wike for the escalation of tension in the state.

    They said while the June 2025 peace brokered by Presient Tinubu was widely welcomed as a necessary step towards reconciling warring factions and restoring harmony in the state “subsequent statements and activities attributed to Minister Wike have had the opposite effect, undermining the spirit and objectives of that agreement and reintroducing uncertainty into the political environment.”

    They said  Fubara as an  indigene of the State and citizen of Nigeria reserves the right to seek a rerun in 2027 to complete his eight years constitutional right to Governor the State.

    They vowed that nothing would stop him from contesting for governorship next year.

    They said: “The Ijaw National Congress and the Ijaw Youth Council hereby affirm that Governor Siminialayi Fubara, as a bona fide Rivers citizen, retains the unrestricted right to contest any future election, including the 2027 governorship race, without coercion, intimidation, or political preconditions.

    “No individual may arrogate to himself the power to determine the political destiny of Rivers State.

    “We therefore call on Chief Ezenwo Nyesom Wike to immediately de-escalate hostilities, cease all acts and statements capable of destabilizing Rivers State, and allow the peace accord facilitated by President Tinubu to take root in the interest of governance, democracy, and public order.”

    Only fasting, prayers can save Fubara,says  Fayose

    Reviewing the situation in Rivers State yesterday,former Ekiti State Governor  Ayodele Fayose said only fasting and prayers could  save Governor Fubara.

    Fayose, a close  ally of Wike  advised Fubara to reconcile with Wike.

    “Many prayers would be said to save Fubara. So many fasts and prayers would be the only thing that would save Fubara in this one,” Fayose said on Channels Television.

    He accused Fubara  of not keeping to the agreements he reached with Wike  in Abuja.

    The ex-Ekiti governor said  Wike never envisaged that Fubara would betray him.

    “I never knew this incident would happen between Governor Fubara and Governor Wike now. I was seated on the high table the day Fubara was sworn in. I told Wike I want to say one or two things to tell Governor Fubara not to betray you.

    “He said, ‘I should not say it, he cannot do it.’ In my own usual way of telling people the truth, I came out and said ‘My brother, lock all the windows, don’t listen to people. This Wike are people that brought you, remain with them, don’t look for Wike’s trouble.’”

    Wike seeks support for Tinubu, urges unity in Rivers

    However, Wike in continuation of his ‘thank you tour of the state yesterday called for greater unity and collaboration among political leaders in Rivers State to deliver more dividends of democracy to the people.

    Wike,speaking in  Andoni Local Government Area said the visit was to show appreciation to the people for their support for  President Tinubu in the 2023 polls and to seek their  backing for him in next year’s  elections.

    The former governor of Rivers State noted that major political parties in the state had united under what he described as a “Rainbow Coalition”.

    He encouraged community leaders to continue working together in unity, urging them to present a united front to return Tinubu in 2027.

    He said: “See what unity has done. It is no longer a time when one man will be the Iroko, where one man will decide what good will come to Andoni. By the special grace of God, by the unity of the leaders, more will come to Andoni.

    “We don’t have a party in Rivers State. What we have is the Rainbow Coalition under the Renewed Hope Family.

    “And so I want all of you to continue to play that role you played in 2023 by making sure we continue to support Ahmed Bola Tinubu. There’s no negotiation about that.”

    Wike further stated that the local politics of the state would be discussed at a later time, noting, however, that the mistake made in 2023 would be corrected.

    Speaking earlier, the Chairman of the council, Lucky Otuo, said the people were grateful for the minister’s visit to the community.

    Otuo said: “Andoni people are grateful people. We are grateful to you. Your Excellency, come 2027, Andoni people will vote for Mr President.”

    Fubara lacks capacity to win Rivers for Tinubu in 2027 – Rivers Deputy Chief Whip

    Also speaking during the visit,the Deputy Chief Whip of the Rivers State House of Assembly, Ofiks Kagbang said  Governor Fubara lacks what it takes to win Rivers State for President Tinubu in 2027.

    Kagbang said Wike saved the state from descending into crisis, adding that the state should not be allowed to return to what he described as “dark days.”

    Kagbang pledged that the state,through the instrumentality  of Wike, would vote for  Tinubu .

    He said:”the people that will deliver Tinubu are with Wike not with Fubara. Not those people at Government house. Andoni poeple are grateful people.

    “Those that will deliver President Bola Tinubu in 2027 are with Wike.”

    The Rivers State Assemblymen in their impeachment notice to the Governor claimed that he authorized, and approved withdrawal and expenditure of funds from the state’s Consolidated Revenue Fund without legislative appropriation.

    “No appropriation bill of Rivers State has been presented nor has any such law been duly passed into law, as the purported presentation and passage of the 2024 Appropriation Bill is void ab initio,” they alleged.

    Fubara was accused of authorising and approving withdrawals from the Consolidated Revenue Account in 2024 without a duly passed appropriation law by the Assembly, contrary to Section 120 of the 1999 Constitution.

    He was also said to have awarded contracts, including the construction of a new Rivers State House of Assembly complex, without legislative approval.

    The lawmakers further alleged that the governor authorised withdrawals from the Consolidated Revenue Fund in 2025, particularly between January and March, without a duly passed appropriation law by the Assembly.

    They accused Fubara of violating Section 122 of the Constitution by authorising expenditure from the Consolidated Revenue Fund even after the Assembly declared a shutdown of state expenditure through a House resolution.

    The lawmakers said that on February 28, 2025, the Supreme Court restored a judgment of the Federal High Court, which confirmed that Fubara never presented any appropriation bill for 2024, did not have one for 2025, and ordered a shutdown of the state’s expenditures.

    The governor was also accused of approving, sometime in September 2023, extra-budgetary expenditure of N5 billion for the Ogoni-Andoni Unity Road without appropriation.

    The document further alleged that Fubara “approved and expended from the Consolidated Account an extra-budgetary fund of N4 billion and purported to have expended same on the Woji Refinery Road without appropriation,” among other claims.

    In the case of the deputy governor,she was accused of reckless and unconstitutional spending of public funds, obstruction of the House from performing its constitutional duties, and colluding to allow unauthorised individuals to occupy public offices without proper screening by the legislature.

    She was also accused of seeking budgetary approval from an alternative group rather than the constitutionally recognised Rivers State House of Assembly, as well as withholding salaries and allowances due to lawmakers and the Assembly Service Commission.

    Both the governor and the deputy governor were given seven days to file their responses.

  • Faroukgate: Dangote takes petition against ex-NMDPRA boss to EFCC

    Faroukgate: Dangote takes petition against ex-NMDPRA boss to EFCC

    The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC).

     This move follows the withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), a strategic decision aimed at accelerating the prosecution process.

    In December 2025, Dangote  submitted a petitionto the ICPC through his lawyer, Ogwu Onoja, against Farouk over allegations of ‘corruption and financial impropriety.’

    In the latest petition to the EFCC, which was signed by Lead Counsel Dr O.J. Onoja (SAN), Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Mr Ahmed and prosecute him if found culpable.

     “We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”

    Read Also: Aliko Dangote withdraws petition before ICPC against Ahmed

     Onoja further urged the commission, under the leadership of Mr Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

     The petition also stated that: “The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies”

     The development reinforces Dangote’s unwavering commitment to transparency and accountability in Nigeria’s oil and gas sector.

    It will be recalled that on December 14, 2025, Dangote raised concerns about Mr Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means. According to Dangote, four of Mr Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.

     Dangote listed the schools attended by Mr Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions. He estimated annual tuition, travel, and upkeep per child at $200,000, totalling approximately $5 million for their secondary education.

     Additionally, Dangote alleged that Mr Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.

     “Nigerians deserve to know the source of these funds, especially when many parents in Mr Ahmed’s home state of Sokoto struggle to pay as little as ₦10,000 in school fees,” Dangote stated.

     The petition calls for a comprehensive investigation to ensure accountability and restore public confidence in Nigeria’s regulatory institutions.

    However, the ICPC spokesperson said the commission would continue its investigation into the matter despite the withdrawal of the petition.

    “The letter from O.J. Onoja, SAN, states that the petitioner has withdrawn the petition dated 16th December, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety and that another law enforcement agency has taken over,” the statement reads.

    “The ICPC wishes to state categorically that in line with the provisions of sections 3(14) and 27(3) of its enabling Act, the investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing.

    “The ICPC will therefore continue to investigate this matter in line with its statutory mandate and in the interest of transparency, accountability and the fight against corruption for the benefit of Nigeria.”

    Barely twenty-four hours after the petition was submitted to ICPC, Farouk resigned as NMDPRA CEO following a meeting with President Bola Tinubu.

  • 2027, opportunity to re-write history of elections – INEC

    2027, opportunity to re-write history of elections – INEC

    • Amupitan unveils reform agenda, targets world-class polls

    Independent National Electoral Commission (INEC)  Chairman,  Joash Amupitan,  yesterday unveiled his reform agenda in the commission ahead of next year’s  elections.

    Top of the agenda is to make the elections a world class standard and a turning point in Nigeria’s democratic history.

    Amupitan ,a Senior Advocate of Nigeria ,assumed duties as INEC chairman on October 23,2025 in succession to Professor Mahmood Yakubu.

    Speaking in Lagos at the opening session of   an induction, orientation, and retreat for new and current National Commissioners of INEC from across the country,the chairman  said his plan was to make the commission  the No.1 election management body in Africa.

    The commission,according to him, has “a golden opportunity to rewrite the history of elections in Nigeria.”

    He added: “our goal is clear: The 2027 General Election must be free and fair and be a watershed moment in Nigeria’s election history.”

    He told the participants that the eyes of over 200 million Nigerians and indeed the entire continent “are upon us” and charged them to  “brace yourselves up.”

    “The work ahead is demanding, the hours will be long, and the scrutiny will be intense,” he warned.

    Continuing, Amupitan said:” Our goal is clear: The 2027 General Election must be free and fair and be a watershed moment in Nigeria’s election history. But we must aim even higher.

    Read Also: INEC, politicians and the 2027 General Elections

    “I want us to build an institution that is recognised globally. Let it be said that under our watch, INEC became the best Election Management Body in Africa —a beacon of integrity, a model of technological efficiency, and a fortress of democratic values.

    “Our success in 2027 must be more than a national victory. It must be a continental standard, a proof-of-concept that demonstrates that INEC can indeed conduct a world-class, technologically-driven, and transparent election that is beyond reproach.

    “Our mandate, which we should pursue rigorously, is built on five non-negotiable pillars. We are here to organise elections that are free from any form of interference; fair to all contestants and political parties; credible in the eyes of the global community; transparent in every process, from polling units to result collation; and inclusive of every Nigerian, regardless of physical ability or location.

    “In pursuing this mandate, we must recognise that 2027 will be defined by a new demographic of Nigerians —millions of young citizens who will be approaching the ballot box for the very first time. These are digital natives who demand transparency in real-time and have little patience for opacity.

    “It is our duty to prove to these tech-savvy, and often skeptical, young voters that INEC can be trusted. By ensuring our systems are inclusive and our technology is beyond reproach, we are not just conducting an election; we are securing the lifelong loyalty of Nigeria’s future to the ideals of the ballot.

    “I am particularly committed to the Legal Framework of Elections. We will navigate the 2022 Electoral Act and subsequent amendments with surgical precision. Let it be known that under my leadership, the rule of law is not a suggestion; it is our operating system.”

    He reaffirmed his commitment to the  welfare of the staff but stressed that “as we demand excellence, we will ensure you have the tools and the environment to succeed.”

    He vowed that there would be no  room for  compromise or misconduct, whether by omission or commission.

    He thanked the staff for the “successful, peaceful, and professional conduct”  of the November 8,2025 Anambra State off-cycle Governorship Election and said their  unwavering commitment during that exercise set a positive and formidable tone for my tenure as chairman of the Commission and “proven that we are more than capable of the great tasks ahead.”

     He described  next month’s FCT Area Council Elections in February 2026 and the off-cycle governorship elections in Ekiti and Osun states later in the year as  testing grounds for “our resolve and our readiness.” “They offer us the chance to refine our processes —from Voter Registry Management to the integrity of the Bimodal Voter Accreditation System (BVAS)— ensuring that every technical and logistical gear is perfectly oiled before the grand national exercise of 2027,” he said.

    Resident Electoral Commissioner in Lagos state, Prof. Ayobami Salami said the retreat was a significant milestone in the continuous evolution of the Commission; especially for reflection, strategic alignment and institutional consolidation.

     He said the retreat was  a strategic platform designed to strengthen leadership capacity, deepen institutional understanding, enhance operational preparedness and reaffirm our collective commitment to the constitutional mandate entrusted to the Commission, adding that public expectations of the electoral process are higher than ever, and “we must not drop the ball.

    “As we advance towards the 2027 General Election, the importance of early planning, strategic coordination and institutional cohesion cannot be overstated. The carefully curated sessions in this programme will no doubt, enrich our understanding and equip us with the tools required to discharge our duties effectively, with majesty of the spirit and fidelity of intention.”

  • Kwankwaso seeks compensation as Kano Assembly endorses Yusuf’s defection plan

    Kwankwaso seeks compensation as Kano Assembly endorses Yusuf’s defection plan

    The rift between Rabiu Kwankwaso and Kano Governor Abba Yusuf stemming from Yusuf’s plan to defect from the New Nigeria Peoples Party (NNPP) to the All Progressives Congress (APC) has deepened.

    The tension between the two gladiators has been building with Kwankwaso reportedly feeling sidelined and inadequately consulted on key decisions. 

    Yusuf, on the other hand, seems determined to assert his independence, having secured support from most NNPP lawmakers and local government chairmen.

    Yusuf, who feels defection is his political right based on consultation with the electorate and party stakeholders, obtained APC membership card from his ward in preparation for the formal defection scheduled for January 12.

    Be it as it is, Senator Rabiu Musa Kwankwaso, who is the leader of the Kwankwasiyya Movement, has warned members who have defected or planing to defect, demanding they compensate the Movement for the support and labour invested in them.

    Addressing the remaining loyalists, Kwankwaso insisted that political defections do not happen without incentives, saying “for someone to abandon his house and go elsewhere, it does not just happen without reason. These people, no doubt, have collected ‘goods’.”

    Read Also: Shekarau backs Yusuf against Kwankwaso

    Kwankwaso, an ex- Governor of the state, has also cautioned supporters against being swayed by what he referred to as “short-term gains,” noting that many defectors later regretted their actions.

    He emphasised that betrayal carries lasting consequences, leaving a stain that follows individuals and their families. “The word ‘betrayer’ follows a person; him, his family and even his lineage,” he reiterated.

    But the Kano House of Assembly on Friday officially endorsed Governor Abba Kabir Yusuf’s planned defection from the NNPP, citing unresolved leadership crises and ongoing court cases that could jeopardise the governor’s mandate.

    Justifying the defection moves, House Majority Leader Lawan Hussaini stated that remaining in the NNPP poses significant risks for the governor and other elected officials due to “factional disputes and multiple litigations.”

    Speaking to reporters, Hussaini warned the party’s internal conflicts could lead to a repeat of the Zamfara State scenario, where the Supreme Court ruled that the APC had no valid candidates, resulting in the party losing the governorship and legislative seats.

    “The NNPP is currently plagued by factional leadership disputes and multiple litigations, creating uncertainty over the validity of its structure and nominations ahead of future elections.

    “There is an existing court judgment that recognises a particular faction of the NNPP. Therefore, we cannot continue to remain in the party and risk a repeat of the legal disaster that happened in Zamfara State,” Hussaini said.

  • FULL LIST: Eight allegations against Fubara as Rivers Assembly begins impeachment process

    FULL LIST: Eight allegations against Fubara as Rivers Assembly begins impeachment process

    The political crisis in Rivers State escalated on Thursday, January 8 when the Assembly commenced fresh impeachment proceedings against Governor Siminalayi Fubara and Deputy Ngozi Odu, issuing them a seven-day notice to respond to allegations of gross misconduct.

    This is the third time Fubara and Odu would be facing impeachment proceedings from the Assembly since coming to office in 2023. 

    Attempts to impeach them in 2023 and 2025, amid political feuds between the Governor and his predecessor and erstwhile political god-father, now Minister of the Federal Capital Territory (FCT), Nyesom Wike, had been halted by presidential intervention.

    Read Also: Why Fubara, deputy should go, by lawmakers

    Here are the allegations below: 

    1. Reckless and unconstitutional expenditure of public funds

    2. Unconstitutional misappropriation of public funds

    3. Hindering the Rivers Assembly from performing its constitutional duties

    4.  Illegal appointments of persons without screening by the House of Assembly as provided by the Constitution 

    5.  Seizure of salaries and funds meant for Assembly members

    6. Seizure of salaries of the clerk of the Rivers House of Assembly, Emeka Amadi

     7. Refusal to implement provisions of the Constitution on financial autonomy of the legislature and the judiciary

    8. Withholding of funds meant for the running of the Rivers House of Assembly Service Commission and hindering its activities