Tag: tinubu

President Bola Ahmed Tinubu has extended warm congratulations to Prince Ade Omole, a prominent ICT executive, legal professional and public affairs strategist, on the occasion of his birthday on January 9.

In a congratulatory message issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described Prince Omole as a committed patriot whose work in diaspora mobilisation and national advocacy has significantly contributed to projecting Nigeria’s reform narrative on the global stage.

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

Widely recognised as the “Face of the Nigerian Diaspora,” Prince Omole is a leading diaspora figure and serves as Chairman of the Nigeria Diaspora Voting Council (NDVC), where he has been at the forefront of advocacy for increased Diaspora participation in Nigeria’s democratic and development processes.

Prince Omole also played a strategic role in the 2023 general election, having served as Director of the Diaspora Directorate of the Tinubu/Shettima Presidential Campaign Council.

He is equally one of the conveners of The Asiwaju Group, a platform noted for mobilising national and Diaspora support for President Tinubu’s Renewed Hope Agenda.

Commending his efforts, President Tinubu acknowledged Omole’s sustained engagement with Nigerians abroad and his constructive contributions to national discourse, describing him as an advocate whose work reflects deep commitment to Nigeria’s progress.

The chairman of the Peoples Democratic Party (PDP) in Ondo State, Modupe Aisida, has said President Bola Ahmed Tinubu remains firmly in control of Nigeria’s political space, warning that it would amount to ‘living in a fool’s paradise’ for anyone to assume the President can be easily unseated ahead of the 2027 presidential election.

Speaking during an interview on Friday in Akure, Aisida acknowledged Tinubu’s vast political experience, expansive network, and strong grip on power, noting that these factors continue to shape the country’s political dynamics.

He said no single political party can defeat President Tinubu in 2027, stressing that the incumbent enjoys the advantages of office, political structure, and deep-rooted influence, which place him in a strong position for re-election.

Aisida said opposition parties must form a broad-based alliance, anchored by the PDP, if they are serious about wresting power from the ruling All Progressives Congress (APC) led by President Tinubu.

“Tinubu is the incumbent President, and he is on top of his game. Anybody thinking he can unseat him alone must be living in a fool’s paradise.

“There must be collaboration. The PDP has structures in every ward, local government, and across all states. Other opposition parties can come to us for such an alliance,” he said.

He, however, clarified that the PDP was not conceding defeat or abandoning its role as the main opposition party, but rather calling for realism, introspection, and strategic reorganisation.

“There is nothing bad in this. It happened in 1999. We have to be realistic. Everywhere in the world, incumbents enjoy enormous advantages.

“If people are deceiving themselves, I’m a realist. An incumbent will always have some advantages over the opposition. So, for the opposition to compete effectively and make a real impact, they must work together,” Aisida said.

He added that the opposition PDP would have fared better in the 2023 presidential election if it had formed alliances with other opposition parties.

The Ondo PDP chairman called on the Independent National Electoral Commission (INEC) to ensure fairness in its dealings with all political actors

He noted that credible elections would restore public confidence in the democratic process.

According to him, free and fair elections would eliminate unnecessary litigation and post-election protests while producing leaders who enjoy public legitimacy and support.

“Well-accepted elections will produce strong leadership that the people can be proud of and willing to support in policies and programmes,” he said. 

President Bola Ahmed Tinubu has extended warm congratulations to Prince Ade Omole, a prominent ICT executive, legal professional and public affairs strategist, on the occasion of his birthday on January 9.

In a congratulatory message issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described Prince Omole as a committed patriot whose work in Diaspora mobilisation and national advocacy has significantly contributed to projecting Nigeria’s reform narrative on the global stage.

Widely recognised as the “Face of the Nigerian Diaspora,” Prince Omole is a leading Diaspora figure and serves as Chairman of the Nigeria Diaspora Voting Council (NDVC), where he has been at the forefront of advocacy for increased Diaspora participation in Nigeria’s democratic and development processes.

Prince Omole also played a strategic role in the 2023 general election, having served as Director of the Diaspora Directorate of the Tinubu/Shettima Presidential Campaign Council. 

Read Also: Tinubu rejoices with Abegunde on birthday, hails loyalty, service

He is equally one of the conveners of The Asiwaju Group, a platform noted for mobilising national and Diaspora support for President Tinubu’s Renewed Hope Agenda.

Commending his efforts, President Tinubu acknowledged Omole’s sustained engagement with Nigerians abroad and his constructive contributions to national discourse, describing him as an advocate whose work reflects deep commitment to Nigeria’s progress.

The President further noted that Prince Omole currently serves as an executive at Renewed Hope Global, where he is actively involved in articulating and projecting the achievements of the Tinubu administration to international audiences.

“Prince Ade Omole exemplifies purposeful service and commitment to Nigeria’s progress. His contributions to Diaspora mobilisation and national advocacy reflect the positive values and patriotism that our nation requires,” President Tinubu said.

He wished Prince Omole good health and many more years of impactful service to the nation.

President Bola Ahmed Tinubu has rejoiced with Hon. Ifedayo Abegunde, popularly known as Abena, a longtime political associate and seasoned public servant, on the occasion of his birthday, celebrated on January 9.

In a congratulatory message on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President extolled Abegunde’s enduring commitment to professionalism, loyalty, and service to the public good, describing him as a dependable associate whose political journey has been marked by consistency and steadfastness.

Abegunde, a trained civil engineer who later pursued architectural studies, ventured into public service through elective politics and was elected twice to the House of Representatives, where he represented Akure North/Akure South Federal Constituency of Ondo State. 

Read Also: UK Oyo APC caucus backs Tinubu’s 2027 re-election bid

He also served as Secretary to the Ondo State Government, a role in which he was credited with administrative diligence and dedication.

Abegunde serves as Executive Director, Corporate Services, at the Niger Delta Development Commission (NDDC) where President Tinubu noted that his experience in governance and public administration continues to be brought to bear.

The President highlighted Abegunde’s strong grassroots appeal and his reputation for professionalism, noting that his political career has witnessed “both triumphs and travails,” largely due to his loyalty to leadership and insistence on advancing the public interest.

Beyond Nigeria’s shores, Abegunde also distinguished himself professionally in the United States, serving as a Systems Engineer for the State of Maryland and the United States Patent and Trademark Office, an experience the President said underscored his versatility and global exposure.

“In politics, Abegunde’s dedication to public service and good governance has always been evident. As an associate, he remained loyal, consistent and steadfast at all times,” President Tinubu said.

He prayed for the celebrant’s continued good health and longevity, wishing him “long life and more years of purposeful service to the nation.”

• …says NGX outperformed global markets as reforms boost investor confidence

• …projects lower inflation, stronger naira, and higher returns in 2026

• …urges deeper local investment as market cap signals economic rejuvenation

President Bola Ahmed Tinubu has praised corporate Nigeria, investors, and other stakeholders in the capital market for pushing the Nigerian Exchange past the historic N100 trillion market capitalization mark, describing the achievement as a powerful signal of renewed confidence in the Nigerian economy.

In a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, the president said the milestone marked an inspiration for the investing public in the money and capital markets and urged Nigerians to deepen their investments in the domestic economy, assuring that 2026 would deliver even stronger returns as his administration’s economic reforms mature.

“With the Nigerian Exchange (NGX) crossing the historic N100 trillion market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He noted that the performance of the Exchange in 2025 stood out globally despite difficult conditions in many economies.

“In 2025, while many of the world’s markets struggled with stagnation or tepid recovery, the NGX All-Share Index was on the ascent. It closed 2025 with a 51.19% return, higher than the 37.65% recorded in 2024. This performance ranks among the highest in the world. Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group,” President Tinubu said.

According to him, the rally underscores a fundamental shift in how Nigeria is perceived by global investors.

“Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered. As the stock market reflects the entire economy, its stellar performance is a significant indicator of the country’s economic health and the confidence investors have in our economy,” he said.

Tinubu said the gains were broad-based across sectors, pointing to resilience and innovation among listed firms, saying, “On the NGX, we have witnessed remarkable performances from listed companies across all sectors.

“From blue-chip industrial giants that have localised their supply chains, to a banking sector that has demonstrated resilience and technological innovation, Nigerian companies are proving that the country can deliver strong returns on investment,” he said.

He added that the outlook for new listings remained strong, with major implications for market depth and ownership, adding, “And we are just getting started.

“The pipeline for new and upcoming listings looks robust. More indigenous energy firms, tech unicorns, telecoms, and infrastructure-heavy entities are seeking to access the public market to fund their expansion. As these firms are listed, they will boost market capitalisation and deepen democratic ownership of the Nigerian economy,” he said.

Beyond equities, the President linked the market rally to wider macroeconomic improvements flowing from his reform agenda.

“We are not celebrating the superlative stock market performance in isolation. We are also celebrating the microeconomic effects of our reforms. After the initial headwinds that followed our reforms, we are finally seeing a bend in the inflation curve. Crucial monetary tightening and the removal of distortionary ‘Ways and Means’ financing have restored stability to the Naira,” he said.

He said policy actions and sectoral investments were already yielding results, adding, “Furthermore, investments in the agriculture sector have contributed to a consistent decline in inflation over the past eight months. From a 24-month high of 34.8% in December 2024, inflation decelerated to 14.45% as of November 2025, with projections indicating it will reach 12% in 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

Tinubu also highlighted improvements in Nigeria’s external position, citing current account and trade data.

“Also noteworthy is the status of our nation’s current account, a valid measure of our overall economic health. In 2024, Nigeria posted a surplus of $16 billion. According to the Central Bank of Nigeria (CBN), our current account balance is projected to rise to $18.81 billion in 2026, up from $16.94 billion in 2025,” he pointed out.

On exports and reserves, the President said Nigeria was increasingly producing and trading more competitively, saying, “under our administration, Nigeria is exporting more and importing less of what we can produce locally. Non-oil exports surged by 48% by the third quarter of 2025, totalling N9.2 trillion. Exports to Africa alone rose by 97% to N4.9 trillion. Manufacturing exports increased by 67% year-on-year in the second quarter of 2025, suggesting a strong close to the year.

“Nigeria’s foreign reserves have crossed the $45 billion mark, giving the Central Bank the firepower to maintain stability. The Naira has stabilised, moving away from the volatility that once fuelled speculation. The Central Bank of Nigeria, in its latest outlook, projects foreign reserves will cross the $50 billion threshold in the first quarter of 2026,” he added.

The president also drew attention to infrastructure and social sector improvements underway, saying, “We are also seeing an expansion of the rail networks, the completion of major arterial roads, and the revitalisation of our ports. With the transformative Lagos-Calabar and Sokoto-Badgry superhighways, the nation’s infrastructure is growing.”

He said progress was also being recorded in healthcare and education.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund (NELFUND), and universities are receiving increased research grants,” he said.

Framing the NGX milestone within a broader national journey, Tinubu said, “Nation-building is a process, not a destination. Hard work, sacrifices, and the focus of its citizens build a nation. The N100 trillion market capitalisation is a signal to the world that the Nigerian economy is robust and productive.

“As your leader, I pledge to continue working unrelentingly to build an egalitarian, transparent, and high-growth economy that will be further catalysed by the historic tax and fiscal reforms that came into full implementation from January 1″, the President said in reaffirming his commitment.