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Security crisis: Tinubu, Macron hold talks as US fact-finders arrive

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President Bola Tinubu and his French counterpart, Emmanuel Macron, on Sunday held talks on the security crisis facing the country, touching on areas of collaboration.

The telephone conversation held as a United States delegation comprising the US ambassador to Nigeria and other top officials parleyed with the National Security Adviser, Nuhu Ribadu, in Abuja, on the reported Christian persecution and killings in the country.

In a message posted on X on Sunday, Macron said he spoke with President Tinubu and affirmed that France will strengthen its partnership with Nigerian authorities.

He wrote, “I spoke with President Tinubu of Nigeria, @officialABAT. I conveyed France’s solidarity in the face of the various security challenges, particularly the terrorist threat in the North.

“At his (Tinubu’s) request, we will strengthen our partnership with the authorities and our support for the affected populations.

“We call on all our partners to step up their engagement. No one can remain a spectator,” the French President added.

Macron also stated that, in fulfilment of Tinubu’s request, his government will cooperate with the Federal Government to provide support for the affected populations.

Macron’s statement follows a wave of gun attacks and kidnappings, particularly in schools and communities across the northern region,  that have drawn international condemnation.

The French leader’s solidarity comes days after Tinubu swore in a new Minister of Defence, Gen. Christopher Musa (retd.), with a charge to deliver quick results.

On November 26, Tinubu declared a nationwide security emergency, ordering the army, police and intelligence services to immediately expand recruitment and deploy thousands of additional personnel.

He had also asked security agencies to prioritise the safety of schools, farms and places of worship, while governors step up local early-warning systems.

Tinubu’s conversation with Macron also follows broader international scrutiny of Nigeria’s security crisis, especially from US President Donald Trump, who, in early November, threatened to invade the country, citing an alleged genocide against Christians.

Trump recently re-designated Nigeria as a Country of Particular Concern for religious freedom violations and threatened military intervention.

The Federal Government has consistently rejected claims of Christian persecution, insisting that insecurity in Nigeria cuts across all religions.

The situation has prompted the Federal Government to seek diplomatic aid from the international community.

On November 20, Secretary of War Pete Hegseth hosted Ribadu at the Pentagon to discuss strategies to solve the problem.

That same day, the US House Subcommittee on Africa held a public hearing to examine the re-designation of Nigeria as a Country of Particular Concern, while lawmakers also held an open briefing to assess the potential implications of the designation.

Last Tuesday, House Republicans issued warnings about rising religious violence in Nigeria during a joint briefing convened at the instance of President Trump, who on October 31 instructed Moore and the House Appropriations Committee to investigate what he described as the slaughter of Christians in the country and report their findings to the White House.

Confirming his meeting with the US officials, the NSA disclosed he hosted a US Congressional delegation as part of ongoing security consultations between both countries.

In a message shared on his X handle, Ribadu said the visit followed earlier talks held in Washington, DC, centred on mutual security interests.

“This morning, I received a US Congressional delegation on a fact-finding mission to Nigeria, following our earlier engagements in Washington, DC, on shared security priorities,” he said.

He added that the US Ambassador to Nigeria, Richard Mills, was also present, a development he said “reflected the importance both nations attach to this engagement.”

According to Ribadu, discussions focused on “counter-terrorism cooperation, regional stability,” and ways to “strengthen the strategic security partnership between Nigeria and the United States.”

“I’m optimistic this engagement will deepen trust, collaboration, and shared commitment to peace and security,” he said.

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Also, a member of the US House of Representatives, Riley Moore, said on Sunday that he had concluded a very productive visit to Nigeria, sharing the message in a post on his X account.

“I came to Nigeria in the name of the Lord and on behalf of the American people,” Moore wrote.

Announcing the end of his trip, he added, “Just ending a very productive visit to Nigeria and rounds of meetings. More details to come. Happy Sunday. God is Great!”

Moore did not provide further information about the purpose of the visit or the Nigerian officials he met.

In a related development, the US Assistant Secretary of State and the US Ambassador to Nigeria, Richard Mills, visited Benue State on Saturday.

The team met Governor Hyacinth Alia at the Government House, Makurdi, as well as the Catholic Bishops of Makurdi and Katsina-Ala dioceses, Most Rev. Wilfred Anagbe and Bishop Isaac Dugu, respectively.

The delegation also visited the paramount ruler of the Tiv nation and Chairman of the Benue State Traditional Council, the Tor Tiv, HRM Prof. James Ayatse.

Though the purpose of the visit to the state was not disclosed, reports indicated that it may be connected to US allegations of religious persecution in Nigeria.

Anagbe has twice addressed the US Congress in 2025 on the persecution of Christians and security crises in Nigeria, calling on the US to take concrete action.

The Tor Tiv had similarly admonished President Bola Tinubu during his visit to the state shortly after the Yelwata attack, in which about 200 people were killed. He described the crisis as “nothing but genocide.”

However, Governor Alia, at a recent consultative forum on protecting the rights of Internally Displaced Persons and Forcibly Displaced Persons organised by the National Human Rights Commission in Abuja, denied claims of genocide.

He said, “I am a Reverend Father, so being in governance does not take that away from me. In my state of Benue, we do not have any religious, ethnic, racial, national or state genocide. We do not have that.”

The Chief Press Secretary to the governor, Kula Terso, stated that he was informed the visit was private.

“They told me it was a private visit. That is why the media was not invited to cover it. That is all I can say on that. Thanks,” he said.

Meanwhile, Iorbee Ihagh, leader of the three major socio-cultural groups in the state — Mdzough U Tiv, Ochetoha K’Idoma and Om’Ngede — said the visit by the American officials may not be unconnected with the allegations of religious genocide.

He said that although the state government denied claims of genocide, it should have used the opportunity to take the team to Yelwata and other IDP camps along the highway.

The retired Comptroller of Prisons said, “Everyone in Benue State believes that the ongoing attacks and killings in the state amount to genocide. The Tiv paramount ruler, the Tor Tiv, made this declaration during President Bola Tinubu’s visit to the state following the Yelwata attack.

“The Catholic Bishop of Makurdi Diocese has visited the US Congress and presented papers on how Christians are being killed in the state and in Nigeria as a whole.

“So, it is the state government that is playing politics with the killings. This was an ample opportunity to take the US team to Yelwata, which is along the Lafia road, and to the IDP camps in Makurdi or those along the highway for them to see things for themselves.”

On a positive note, the Federal Government has reportedly secured the release of 100 schoolchildren abducted from St. Mary’s Private Catholic Primary and Secondary School, Papiri, in the Agwara Local Government Area, Niger State.

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However, the authorities have yet to confirm the release of the pupils as of the time of filing this report.

The development happened one week after the NSA visited the school, where he reassured the parents and proprietor that the pupils would be rescued.

He conveyed President Tinubu’s message of hope, noting that efforts to rescue the children were progressing and security deployment in the affected area had been intensified.

“God is with them and God is with us. Evil will never win. They are going to come back. I give you that assurance,” Ribadu said during a visit to the Catholic Bishop of Kontagora Diocese and Proprietor of the school, Bulus Dauwa Yohanna, as well as parents of the abducted children.

Bandits on 21 November 2025, attacked the school in the remote community of Papiri. The gunmen stormed the school dormitories, abducting 315 people—303 students and 12 teachers.

Fifty pupils later escaped and were reunited with their families. However, 265 individuals—including 253 children and all 12 teachers—remained in captivity.

The Federal Government responded by launching a rescue mission, deploying aerial surveillance across parts of Kwara, Kebbi, and Niger States.

The authorities also shut down the schools in Niger State and many unity colleges across several northern states.

Ex-presidential aspirant blames North

Former presidential aspirant and international businessman, Gbenga Hashim, has said Northern political and social elites must accept responsibility for the worsening insecurity across the region, insisting that decades of failed governance have fuelled extremist recruitment and mass violence.

Hashim, in a statement on Sunday, welcomed the appointment of Gen  Musa as Nigeria’s new Minister of Defence, describing it as “a crucial opportunity that must deliver practical and immediate results.”

The Peoples Democratic Party chieftain said he watched Musa’s Senate screening and was impressed by what he called the nominee’s sincerity and clarity of purpose.

“I watched General Musa’s Senate clearance. He sounded like someone genuinely committed to Nigeria,” Hashim said.

“I hope he receives the full executive backing needed to succeed in this critical assignment.”

The businessman warned that Nigerians and international security observers were becoming increasingly impatient with political rhetoric, adding that the country had entered a phase where only measurable action would be tolerated.

“This is not the season for symbolism. This is the season for action,” he said.

“Nigerians want immediate steps. This appointment must not become another publicity stunt. We want policies, programmes and results.”

Hashim also urged both the executive and the National Assembly to accelerate legislation enabling the creation of state and local government police structures, arguing that Nigeria cannot curb insecurity without building a strong local security culture.

He said the rise of banditry, kidnapping and extremist attacks across Northern Nigeria was a direct result of cumulative leadership failures at the sub-national level.

“That extremists are finding recruits in their thousands is not accidental,” he noted.

“It is the product of deep poverty caused by decades of governance failure at the state and local government levels. While the Sahel crisis has played a role, poor local governance has compounded the problem.”

Hashim contrasted today’s insecurity-ridden North with the more stable First Republic era, which he said was marked by disciplined and integrity-driven leadership.

He cited leaders such as Sir Ahmadu Bello, Aminu Kano, Joseph Tarka and Sir Kashim Ibrahim as examples of public figures who lived modestly and earned the trust of ordinary people.

“In those days, the North was safer, more united and governed with honesty and discipline.

“Today, too many Northern leaders live like oil sheikhs in the midst of mass poverty,” he said.

The former presidential aspirant said the North must now confront the truth about governance collapse and embrace a new generation of leaders committed to transparency, accountability and people-focused development.

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“It is time for the North to replace leaders who live like oil sheikhs amidst poverty and hold onto power through ethnic and religious manipulation,” he declared.

In the same vein,  a university don and Director of the Centre for Democratic Development Research and Training, Zaria, Kaduna State, Prof. Abubakar Siddique, has raised alarm that the rising insecurity in northern Nigeria poses a grave threat to the stability of the entire country.

Siddique, a professor of Political Science at Ahmadu Bello University, Zaria, said the North had become the epicentre of multidimensional poverty, economic stagnation and worsening security crises, warning that unless decisive action is taken, the situation could undermine national cohesion.

He spoke as a guest speaker at the General Hassan Usman Katsina 2nd Memorial Conference organised by the New Vision Development Initiative, led by a former military administrator of Niger State, Col. Lawan Gwadabe (retd.), in Kaduna.

According to him, statistics show that 65 per cent of Nigerians classified as multi-dimensionally poor reside in the North, making the region the most deprived in the country.

He added that the worsening poverty indices are fuelling insecurity, creating what he described as a “poverty–insecurity trap.”

“The implications for northern Nigeria are profound,” he warned.

“The region’s economic stagnation and human-capital crisis are undermining national growth and development. As Nigeria’s population continues to grow, the need for effective solutions to these challenges becomes increasingly urgent.”

The professor painted a bleak picture, noting that an estimated 10 million Nigerian children are out of school, 60 per cent of whom are in northern states. He also disclosed that youth unemployment has exceeded 50 per cent in some parts of the North.

Beyond economic deprivation, he said, climate stress was aggravating insecurity, pointing to the loss of 350,000 hectares of land to desertification annually.

He added, “The security situation is equally alarming. Since 2009, the Boko Haram insurgency has claimed over 35,000 lives and displaced 2.5 million people. Banditry and kidnappings have also become rampant, with hundreds of villages raided and thousands abducted. These crises are interconnected, fuelling a poverty–insecurity trap that threatens national stability.”

Siddique called for urgent and holistic interventions, including governance reforms, security sector re-engineering, massive educational transformation and economic diversification tailored to the needs of northern communities.

He stressed that failure to address these structural problems would continue to erode Nigeria’s unity, weaken institutions and compromise national security.

The conference, which attracted retired military leaders, academics, policymakers and civil society actors, also witnessed tributes to the late General Hassan  Katsina, the former Military Governor of Northern Nigeria who died in 1995.

A former Chief of Defence Staff, Lt-Gen  Alani Akirinade (retd.), hailed the late Katsina as a “distinguished military leader and patriot”, recalling his legacy of service, integrity and dedication to Nigeria’s unity.

Represented by former Commandant of the Nigerian Defence Academy, Maj Gen Paul Tarfa (retd.), Akirinade said General Katsina’s leadership during the civil war was particularly remarkable.

According to him, Katsina oversaw the expansion of the armed forces, ensured the timely payment of soldiers’ entitlements, and spearheaded post-war resettlement and rehabilitation efforts.

He added, “He was a prince among soldiers and a soldier among princes. His exemplary leadership during Nigeria’s most trying times stands out in our military history.”

Katsina, who died at 62, served as Military Governor of the then Northern Region, Chief of Army Staff, and later Deputy Chief of Staff, Supreme Headquarters. He was widely credited with helping to preserve national unity during and after the Civil War.

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State police: Federal force can intervene over electoral intimidation — Senate

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The Senate on Sunday said the proposed State Police Bill contains constitutional safeguards that would allow the federal police to intervene in cases of electoral intimidation, serious human rights violations and threats to national security, dismissing concerns that governors could abuse the proposed policing system for political purposes.

The upper chamber also defended the passage of the Constitution of the Federal Republic of Nigeria (Alteration) (State Police) Bill, 2026, revealing that 84 of the 109 senators voted in support of the legislation during its clause-by-clause consideration, describing the outcome as evidence of broad bipartisan backing.

The clarification comes amid growing debate over the proposed decentralisation of policing, with supporters arguing that state police would strengthen security at the grassroots, while critics fear governors could exploit the outfit to intimidate political opponents ahead of elections.

Defending the Senate’s position in a statement issued by his media office on Sunday, the Senate Leader, Opeyemi Bamidele, said the proposed amendment clearly delineates the constitutional responsibilities of the federal and state police to minimise operational conflicts and improve security coordination.

He explained that the federal police would continue to handle the protection of federal institutions, policing of the Federal Capital Territory, counter-terrorism, organised crime, cybercrime, border security, arms trafficking, interstate criminal activities and other national security matters, while state police would be responsible for enforcing state laws, maintaining public order and protecting lives and property within their jurisdictions.

Bamidele said the bill equally contains several safeguards designed to prevent governors from abusing state police.

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He explained that although governors may nominate commissioners of police, such appointments would require recommendations by the National Police Council and approval by a two-thirds majority of the relevant state House of Assembly.

The Senate Leader added that the National Police Council would oversee overall policy, funding and appointments, while an independent State Police Service Commission would regulate state police operations without the control of state governors.

Explaining the circumstances under which the federal police may intervene, Bamidele said such action would only be permissible in exceptional situations.

He said, “The intervention can only be granted when there is an outright breakdown of public order; where a state police service is incapable of functioning; where there are serious abuses of fundamental rights; where there is partisan or electoral intimidation; and when national security is heavily strained and threatened.

“To avoid any form of abuse, the bill creates the State Police Service Commission. In design, the commission will serve as the regulatory authority of the state police system.

“Under this arrangement, the commission will be authorised ‘to, without the approval or control of the governor, make rules regulating its own procedure or conferring powers and imposing duties on any officer or authority for the purpose of discharging its functions under the 1999 Constitution.’”

Continuing, Bamidele dismissed claims that the proposal was politically motivated, insisting that it emerged from extensive consultations with the executive, the Nigeria Governors’ Forum, the Conference of Speakers of State Legislatures and the leadership of the Nigeria Police.

The Ekiti senator added that public hearings conducted across the six geopolitical zones in July 2025 produced overwhelming support for the establishment of state police.

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He said, “The state police bill was subjected to intense debates at the Senate and House of Representatives. Even though the All Progressives Congress is the majority party, opposition legislators actively took part in the process that approved the state police initiative.

“They exercised their discretion in favour of the proposal, mainly in the national interest and not on a parochial basis. In the Senate, for instance, 84 out of 109 members voted clause by clause in support of the Bill. This accounted for 77.06 per cent approval at the Senate alone.”

He maintained that the proposed constitutional amendment was designed to strengthen accountability and ensure that the creation of a state police enhances national security without undermining democratic governance or citizens’ fundamental rights.

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FG warns South Africa, threatens tough action over Xenophobia killings

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The Federal Government has warned that Nigeria may consider additional measures if attacks on its citizens in South Africa persist.

This is as the country condemned the killing of two Nigerian nationals in South Africa and demanded immediate investigations, warning that the continued targeting of foreigners, particularly Nigerians, raises serious concerns about their safety and the resurgence of xenophobic violence in the country.

The victims, Emeka Charles Iroegbu and Musa Yunana Joe, popularly known as Big Joe, were both killed on June 28, 2026.

While Iroegbu was allegedly tortured to death by officers of the Tshwane Metro Police in Sunnyside, Pretoria, Joe was reportedly shot dead by unidentified criminals outside his shop in Witbank, Mpumalanga.

In separate statements issued on Sunday by the Ministry of Foreign Affairs, the Nigerian Consulate General in Johannesburg and the Nigerian Union South Africa, authorities called for prompt, transparent and exhaustive investigations to ensure that those responsible were apprehended and prosecuted without delay.

“We wish to place the Government of South Africa on notice that if the situation continues to persist, all options remain on the table, some of which will be activated if the uncultured and provocative trend of intolerance and apartheid-style behaviour of South Africa against foreigners is not addressed,” the statement from the Ministry of Foreign Affairs stated.

The government described the incidents as part of a disturbing pattern of violence against Nigerians in South Africa, noting that the same Tshwane Metro Police officers allegedly implicated in the killing of another Nigerian, Nnaemeka Mathew Andrew Ekpenyong, on April 20, have yet to be arrested despite being known to the South African Police Service.

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In the statement issued on Sunday by the spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, the government expressed outrage over the deaths.

The statement said, “One victim, Emeka Charles Iroegbu, was reportedly killed by Tshwane Metro Police officers on 28th June 2026, in Sunnyside, Pretoria, using gruesome interrogation techniques.”

The government further recalled that the same officers were allegedly involved in the extrajudicial killing of another Nigerian, Nnaemeka Mathew Andrew Ekpenyong, on April 20, 2026.

“His case is still pending; no arrests have been made, even though the four officers involved are known to the South African Police Service,” the statement added.

The ministry noted that the killings occurred amid rising xenophobic tensions and increasing attacks on foreigners in South Africa, warning against attempts to stereotype Nigerians as criminals.

“These two killings come at a time when foreigners are being unduly targeted in South Africa. This raises questions about a deliberate attempt by some elements to wrongfully generalise and tag well-meaning, hard-working, and respectable Nigerians as criminals,” it stated.

The Federal Government also accused some South African security operatives, particularly officers of the Tshwane Metro Police, of complicity in the attacks.

Nigeria further expressed concern over remarks reportedly made by a spokesperson of the South African government, who allegedly challenged Nigerians leaving the country because of xenophobic protests to reveal where illegal drugs were hidden.

The government described the comments as inflammatory and unacceptable.

“The unguarded public statements are unacceptable and are strongly condemned. Such derogatory, unprofessional and uncensored generalised public statements by highly placed government officials constitute hate speech that influences and incites negative and criminal actions against members of the Nigerian community,” the statement said.

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The Federal Government called on South African authorities to launch immediate investigations into the killings and other unresolved cases involving Nigerian nationals.

“The Government of Nigeria, therefore, calls on the South African authorities to conduct urgent investigations into the two killings and several other pending cases of extrajudicial killings of Nigerian nationals in South Africa, and ensure that the perpetrators of the heinous crimes are brought to justice without further delay,” the ministry stated.

While sympathising with the families of the deceased, the government said it would continue engaging South African authorities at the highest levels until justice is achieved.

The ministry also advised Nigerians residing in South Africa to remain calm, law-abiding and vigilant, urging them to relocate to safer areas and avoid locations prone to violence amid ongoing xenophobic and Afrophobic demonstrations.

The ministry, however, appealed to Nigerians not to engage in retaliatory actions, stressing that the government would continue to pursue dialogue and negotiations in the spirit of African unity, brotherhood and solidarity.

It added that the evacuation process for registered Nigerians willing to leave South Africa remained ongoing.

Another statement signed by the Nigerian Consul General in Johannesburg, Amb Ninikanwa Okey-Uche, revealed that the officers of the Tshwane Metro Police killed Iroegbu, while Joe was murdered by some criminals.

“We continue to call on the South African authorities to investigate the cases and bring the perpetrators of the gruesome acts to justice without further delay,” the statement affirmed.

Also, the Nigerian Union South Africa “demands prompt, transparent and exhaustive investigation to ensure that the perpetrators are apprehended and face the full wrath of the law.”

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The statement by the union’s spokesperson, Akindele Olunloyo, said the community was working with the Nigerian High Commission in Pretoria and the Consulate General of the Federal Republic of Nigeria in Johannesburg to monitor the situation.

“In light of these tragic killings, we urge all Nigerians in South Africa to remain calm, law-abiding and vigilant. Please exercise extreme caution in your daily activities, know your surroundings, and report any suspicious activities to the local police,” it added.

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FG secures $11.4bn World Bank loans in three years

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President Bola Tinubu’s administration has secured $11.40bn in loan approvals from the World Bank in just about three years, putting it on course to surpass the total amount approved under former President Muhammadu Buhari’s eight-year administration, an analysis of data obtained by The PUNCH from the World Bank has shown.

The analysis showed that the World Bank approved loans worth $11.40bn for Nigeria between June 2023 and June 2026, compared with $14.59bn approved during Buhari’s presidency from May 2015 to May 2023.

The latest figure means Tinubu’s administration has already secured about 78.2 per cent of the total World Bank financing approved during Buhari’s two terms in office and requires another $3.19bn in approvals to exceed that record.

The data further showed that World Bank loans approved under Tinubu have already surpassed those listed under Buhari’s first term by more than $5.8bn. According to the World Bank data, projects approved under Buhari’s first term amounted to about $5.56bn.

Using the figures contained in the World Bank database, Tinubu’s current approvals exceed the Buhari first-term total by about 105 per cent.

However, of the $11.4bn approved under Tinubu, only $2.32bn had been disbursed as of the latest update on the World Bank website, leaving $8.41bn available for disbursement. This represents a disbursement rate of about 20.3 per cent.

By comparison, projects approved during Buhari’s administration have recorded much higher implementation levels. Out of the $14.59bn approved during his presidency, $11.94bn had been disbursed, while $1.53bn remained available.

The figures translate to a disbursement rate of about 81.8 per cent, reflecting the fact that many of the projects have either been completed, are in repayment or are approaching completion.

The World Bank portfolio under Tinubu has been concentrated largely in economic reforms, education, healthcare, agriculture, energy, digital infrastructure, financial inclusion and social protection.

The single largest approval came in June 2024, when the World Bank approved a $2.25bn financing package comprising the $1.5bn Nigeria Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing and the $750m Nigeria Accelerating Resource Mobilisation Reforms Programme-for-Results.

According to the World Bank, the financing was designed to support Nigeria’s economic reform programme, strengthen macroeconomic stability, improve domestic revenue mobilisation and protect poor and vulnerable households during the implementation of reforms.

The World Bank said the package was intended to support the Federal Government’s ongoing reforms, including exchange rate reforms, fiscal consolidation, and measures aimed at strengthening public finances.

The World Bank data showed that the RESET programme has been fully disbursed, while the ARMOR programme had recorded disbursements of $280.55m, leaving $469.45m available.

The reform package attracted public attention because it coincided with the implementation of major economic reforms, including the removal of the petrol subsidy and the liberalisation of the foreign exchange market, both of which contributed to sharp increases in inflation and the cost of living.

The World Bank has consistently maintained that the reforms are necessary to restore macroeconomic stability and place public finances on a more sustainable path, although several labour unions, civil society groups and opposition politicians have criticised the pace of the reforms and their impact on households.

Another major addition to Tinubu’s World Bank portfolio came on June 29, 2026, when the bank approved the Nigeria Actions for Investment and Jobs Acceleration programme. The programme consists of two facilities worth $500m and $750m respectively, bringing total financing under the initiative to $1.25bn.

Announcing the approval, the World Bank said the financing formed part of its new Country Partnership Framework for Nigeria covering 2026 to 2032. According to the bank, the framework aims to support private sector-led growth, improve job creation, expand energy access, strengthen digital infrastructure, and improve agricultural productivity.

Agriculture also accounts for a significant share of the approvals under Tinubu. In March 2026, the World Bank approved a $500m credit for the Nigeria Sustainable Agricultural Value-Chains for Growth project.

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The bank said the project is expected to improve agricultural productivity, strengthen value chains, increase market access for smallholder farmers and create employment opportunities across participating states. The facility had yet to record any disbursement, according to the World Bank data.

In December 2024, the bank also approved three separate credits worth $357m, $57m and $86m for the Rural Access and Agricultural Marketing Project Scale-Up, bringing total financing under the programme to $500m. The facilities were still awaiting disbursement.

The power sector has also remained one of the largest recipients of World Bank financing under Tinubu. In June 2023, shortly after the inauguration of the administration, the World Bank approved $750m for the Power Sector Recovery Performance-Based Operation through separate facilities of $301m and $449m.

The World Bank data showed that the facilities had disbursed $28.10m and $41.24m, respectively. In December 2023, the bank approved another $750m for the Nigeria Distributed Access through Renewable Energy Scale-up Project. The project comprises three facilities worth $350m, $250m, and $150m.

The World Bank said the programme is expected to provide new or improved electricity access to about 17.5 million Nigerians through distributed renewable energy solutions. The data showed that only the $350m facility had recorded disbursement, amounting to $97.71m, while the remaining two facilities had yet to record any drawdown.

In September 2024, the World Bank approved another $500m for the Sustainable Power and Irrigation for Nigeria Project. According to the World Bank, the project is designed to improve dam safety, strengthen irrigation infrastructure, and increase hydropower generation in selected locations across the country.

The World Bank data showed that $33m had been disbursed under the project, leaving $467m available. Nigeria’s power sector has remained one of the most heavily financed sectors by the World Bank over the past decade. However, implementation challenges have also persisted.

The PUNCH earlier reported that the Federal Government and the World Bank agreed to cancel about $717m in undisbursed financing under the Power Sector Recovery Operation following changes in implementation arrangements and unmet programme conditions, including reforms linked to electricity tariffs and sector financing.

Education and healthcare also account for a substantial portion of Tinubu’s World Bank borrowing. In September 2023, the World Bank approved the $700m Adolescent Girls Initiative for Learning and Empowerment project. The project had recorded a disbursement of $148.35m, while $558.22m remained available.

The Nigeria for Women Programme Scale-Up Project, approved in June 2023, received $500m. The World Bank data showed that $109.62m had been disbursed, while $393.67m remained available.

The World Bank expanded its support for Nigeria’s human capital development in September 2024 with the approval of three major projects valued at $1.5bn. The projects comprised the $500m Nigeria Human Capital Opportunities for Prosperity and Equity Governance programme, the $500m Primary Healthcare Provision Strengthening Programme and the $500m Sustainable Power and Irrigation for Nigeria Project.

According to the World Bank, the HOPE programmes are expected to improve access to quality basic education and primary healthcare services while strengthening governance and accountability in the delivery of public services. An analysis of the World Bank data showed that implementation of the projects remains at an early stage.

The HOPE Governance project had recorded disbursement of $3m out of the approved $500m, leaving $497m available. The Primary Healthcare Provision Strengthening Programme had disbursed $75.35m, while $424.65m remained available. The Sustainable Power and Irrigation Project had drawn $33m, leaving $467m yet to be disbursed.

Combined, the three projects had received disbursements of $111.35m, representing about 7.4 per cent of the approved financing.

The World Bank also approved another package of projects in March 2025 covering education, community resilience and nutrition. The package included the $500m HOPE for Quality Basic Education for All project, the $500m Community Action for Resilience and Economic Stimulus Programme, and the $80m Accelerating Nutrition Results in Nigeria 2.0 project.

The financing was intended to improve education quality, support vulnerable households, and address malnutrition among women and children. The World Bank data showed that none of the projects had recorded any disbursement as of the latest update.

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Financial inclusion and digital infrastructure also featured prominently in the Tinubu administration’s World Bank portfolio. In December 2025, the World Bank approved the Fostering Inclusive Finance for MSMEs in Nigeria project comprising a $400m International Bank for Reconstruction and Development facility and a $100m International Development Association credit.

The bank said the project is expected to expand access to finance for micro, small and medium enterprises, strengthen financial institutions and mobilise private capital. Neither component had recorded any disbursement.

In October 2025, the World Bank approved the $500m Building Resilient Digital Infrastructure for Growth project to improve broadband connectivity and digital infrastructure across Nigeria.

The bank said the project would help increase broadband penetration, improve digital public infrastructure and support digital inclusion. The project remained at the effective stage with no disbursement recorded.

The World Bank also approved $250m for the Health Security Programme in Western and Central Africa, Nigeria Phase II, in September 2025 to strengthen disease surveillance and emergency preparedness following lessons from the COVID-19 pandemic. The facility was listed as signed and had yet to record any disbursement.

A sectoral analysis of the Tinubu administration’s World Bank portfolio showed that economic reforms, power, agriculture, education, healthcare and social protection account for the bulk of the financing approved since June 2023.

By comparison, Buhari’s World Bank borrowing was spread across fiscal reforms, electricity, agriculture, social investment, education, health, erosion control, mining, water resources, livestock development, business reforms, and COVID-19 response.

An analysis of annual approval trends showed that Tinubu’s administration has averaged about $3.7bn in World Bank approvals per year since assuming office in May 2023. By comparison, Buhari’s administration averaged about $1.82bn annually over eight years.

The figures indicate that World Bank financing approvals have accelerated under the current administration, although implementation remains at an earlier stage than projects approved during the previous administration.

The PUNCH recently reported that Nigeria’s debt to the World Bank rose by $2.08bn in one year to $19.89bn as of December 31, 2025, according to an analysis of external debt stock data released by the Debt Management Office.

The figure represents an 11.7 per cent increase from the $17.81bn owed to the global lender as of December 31, 2024. The World Bank debt comprises loans from the International Development Association and the International Bank for Reconstruction and Development.

The IDA provides concessional grants and loans to low-income countries, while the IBRD provides financial products and policy advice mainly to middle-income and creditworthy developing countries.

DMO data showed that Nigeria’s IDA debt rose from $16.56bn in 2024 to $18.51bn in 2025, an increase of $1.94bn or 11.73 per cent. IBRD exposure also increased from $1.24bn to $1.38bn, representing an increase of $141.84m or 11.41 per cent.

The increase means World Bank loans accounted for 38.36 per cent of Nigeria’s total external debt stock of $51.86bn as of the end of 2025.

Reacting to the rising World Bank commitments to Nigeria, Lagos-based economist Adewale Abimbola said loans from multilateral institutions such as the World Bank are largely concessionary, with interest rates typically below market levels and longer repayment tenors.

He noted that the critical question is not whether Nigeria should be borrowing, but whether the loans are structured and deployed effectively. “If it’s concessionary and tied to viable projects with medium-term revenue prospects, I don’t think it’s a bad idea,” Abimbola explained. “Borrowing isn’t bad; what matters is utilisation.”

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He stressed that the economic impact of such loans depends on how well they are channelled into projects that can generate sustainable growth, strengthen revenue, and improve public services over time.

Development economist and CEO of CSA Advisory, Dr Aliyu Ilias, expressed strong reservations about Nigeria’s rising debt profile in light of the World Bank’s fresh commitments.

While acknowledging that borrowing is not inherently bad for an economy, he questioned the rationale for taking on more debt at a time when the government claims to have higher revenues.

According to him, the impact of the current borrowing spree is being felt in reduced public service delivery, particularly in capital expenditure, as debt servicing now consumes a significant portion of available revenue.

He warned that this crowding-out effect limits job creation, fuels inflation, and worsens Nigeria’s foreign-exchange imbalance, with the naira trading at historically low levels.

He argued that given the claimed revenue surpluses, the Tinubu administration should not have needed to borrow within its first two years in office, let alone at the scale currently being witnessed.

Economist and CEO of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said that borrowing should always be backed by sound economic reasoning and clear development priorities. Yusuf emphasised that the key issue is debt sustainability, which depends primarily on the country’s revenue capacity to service its obligations.

Without strong cash flow to meet repayment schedules, he warned, Nigeria risks falling into a vicious cycle of borrowing to service existing loans, thereby perpetuating fiscal vulnerability. He said it is essential that projects funded by loans directly support the economy’s capacity to repay.

According to him, Nigeria should be cautious with foreign loans due to the exchange rate risks they pose, noting that domestic debt is generally easier to manage. He stressed that a disciplined approach to debt sustainability will be crucial for Nigeria to avoid long-term fiscal distress.

Responding to an enquiry by The PUNCH recently on the delay in loan disbursements, the Senior External Affairs Officer at the World Bank, Mansir Nasir, noted that funds for projects financed by the institution were not disbursed at once but in instalments, depending on the nature of the project and financing instruments.

“Projects financed by the World Bank run for a certain time, which varies depending on the specific project. The total amount of the project is not disbursed as a one-off, but rather in instalments depending on the financing instruments—e.g., IPF or PforR—which require certain milestones for specific disbursement values.

“If you look at the portal, you will see the specific disbursement timelines and values,” Nasir added. He further stated that before a new project can begin disbursement, it must meet certain agreed conditions between the Federal Government and the World Bank.

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, recently faulted Nigerians, especially analysts and commentators, for criticising government borrowing without considering the purpose, cost and expected returns of such debt.

Oyedele said, “When analysts go on TV and join the populist view to accuse the government of borrowing, you are doing a disservice. The relevant question is never simply how much debt.

“It is always debt for what and at what cost, against what return, and repaid on what terms. A nation, a state, or a business that borrows to finance a productive asset generating returns above the cost of that capital is not behaving recklessly; it is behaving rationally.”

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