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Read how Adelabu resigned against Tinubu’s wish

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The Minister of Power, Adebayo Adelabu, resigned from President Bola Tinubu’s cabinet against the wishes of the President who had dissuaded him from quitting, Saturday PUNCH has learnt.

Insiders familiar with the back and forth that preceded the resignation told our correspondents on Friday that Adelabu insisted on quitting the cabinet to pursue his governorship ambition in Oyo State.

Adelabu announced his resignation on Wednesday in a letter dated April 22, 2026, and addressed to the President through the Office of the Secretary to the Government of the Federation.

The spokesperson for the SGF’s office confirmed the resignation to Saturday PUNCH and declined further comment.

“Anything apart from that, I am not in a position to answer,” he said.

Adelabu’s resignation came after Tinubu directed all political appointees under his administration who intended to contest elective offices in the 2027 general elections to resign their appointments on or before March 31, 2026.

The directive, announced on March 17 in a circular issued by the Office of the Secretary to the Government of the Federation, is in line with Section 88(1) of the Electoral Act, 2026, and the timetable released by the Independent National Electoral Commission for party primaries ahead of the 2027 polls.

While four ministers, including Yusuf Tuggar of Foreign Affairs and Nkeiruka Onyejeocha of Labour and Productivity, resigned in line with the March 31 deadline, Adelabu’s resignation came 22 days later.

The 2023 Oyo State Accord Party governorship candidate said he resigned to pursue his ambition, adding that his resignation takes effect from April 30, 2026, to allow for a smooth transition.

While a section of the public believes that the minister might have been asked to resign by the President, insiders insisted that he voluntarily stepped down to pursue his governorship ambition.

Credible sources in the Presidency and among Adelabu’s aides told our correspondents that Tinubu had wanted to consider the Oyo APC chieftain as the new Minister of Finance and Coordinating Minister of the Economy, following Wale Edun’s resignation.

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“The truth is that he (Adelabu) resigned. He wasn’t sacked. I can confirm that to you. In fact, the President didn’t want him to go. He came to the Villa on Tuesday, where he met with the President. The President had been avoiding him for the past two months so he wouldn’t get the opportunity to talk about resignation. That’s why he delayed,” a top government official in the Presidency said.

According to the source, the President had sent intermediaries to caution Adelabu against resigning.

“The President sent people to tell him not to resign. When the two men finally met at the Villa on Tuesday, Tinubu asked Adelabu a direct question about his chances of winning the primaries and the governorship.

“The President asked him an honest question: ‘Are you sure you can win the ticket?’ And he answered immediately, ‘Yes, sir, I can win. I will win.’ And the President told him, ‘Best of luck.’ He is an optimist. He left by himself,” the source said.

Another insider told our correspondent that the President had consistently defended Adelabu’s performance in office, even in the face of public criticism over persistent grid collapses and rising electricity tariffs under the minister’s watch.

The official said, “The President didn’t want him to go. Even when people said he was not performing, the President defended him, saying he was doing well because the problem with the power sector is not a one-man game or a minister’s issue alone.

“There are layers of things that need to be fixed before we can see real results. And the President is satisfied with him doing some of those things,” the source added.

However, a third source clarified that the March 31 deadline was administrative rather than legal, and that Adelabu’s resignation fell within the window prescribed by the Electoral Act 2026.

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The official said, “What came from the SGF is an administrative circular. It doesn’t have the force of law behind it. The Electoral Act says you resign 30 days before the primaries. That is the law. And he is early and within the time range since he is running for governor.”

Similarly, an ally of the minister, who spoke with Saturday PUNCH on Friday on condition of anonymity, said Adelabu had a project he needed to deliver before his resignation.

“Some people believed he would not resign, but he did. The minister didn’t disrespect the President. If a team lead asks the general team members to go somewhere and then calls an individual aside to say, ‘Look, you have to finish the special project you’re doing before you go,’ will that individual leave?

“Adelabu is the President’s son and he enjoys his support. He would have been the Minister of Finance if he had not resigned. Anybody criticising the minister because he didn’t resign in March as directed by the President does not understand the relationship between the two of them.

“Before he resigned, the minister met with the President to give a report of his stewardship, and the President was pleased with him. In fact, left to the President, he would not have allowed him to go, but he told the minister he would not stop him from pursuing his governorship ambition.”

Adelabu’s media aide, Femi Awogboro, also confirmed that the minister received Tinubu’s blessing before his resignation.

He said it would not be the first time Adelabu would voluntarily resign from a high position on conviction.

“Beyond his long-standing ambition, it is worth recalling that Adebayo Adelabu once voluntarily resigned from the Central Bank of Nigeria, where he served as Deputy Governor (Operations), driven by his passion to give back to society. This demonstrates that resigning from any position, when necessary, has never been an issue for him.

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“He does not embark on any journey without prior approval from Almighty God and his father and mentor, President Bola Ahmed Tinubu. The good people of Oyo State have consistently agitated and called on him to govern the state, based on his track record and his strong interest in grassroots development and local government emancipation.

“This widespread support was clearly evident on Thursday, April 23, when he arrived at Alakia, Ibadan Airport. Ibadan was agog with a remarkable display of genuine love and enthusiasm from the people. It truly shows that he is loved across the 33 local government areas of Oyo State and widely preferred as their choice for leadership,” Awogboro stated.

Adelabu, a grandson of the late Adegoke Adelabu, the Ibadan political icon popularly known as Penkelemesi, contested on the platform of the APC and lost to Makinde.

He tried again in 2023 and lost to the same opponent.

In October 2025, he publicly rededicated himself to the ambition.

“I have been on this journey for a while now. But this 2027, God has shown that it’s my turn. It’s Adelabu time,” he stated.

The APC in the South-West is, however, believed to be gravitating towards a former Secretary to the State Government of Oyo State, Sharafadeen Alli, as a consensus candidate, following a stakeholders’ meeting in Lagos on March 30.

President Tinubu was reported to have endorsed Alli’s bid alongside Deputy Governor Obafemi Hamzat for Lagos and Senator Olamilekan Adeola for Ogun.

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I am open to reconciling with Kano gov – Kwankwaso

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Former Kano State Governor and national leader of the Kwankwasiyya movement, Senator Rabiu Kwankwaso, says he remains willing to forgive Governor Abba Yusuf and reconcile with him despite their political differences, insisting that his affection for his former protégé has not diminished.

Relationship between the two politicians soured after Yusuf defected from the New Nigeria People’s Party, under which he won the 2023 governorship election, to the ruling All Progressives Congress, a move that drew sharp criticism from members of the Kwankwasiyya movement.

Speaking in an interview in a video posted by BBC Hausa on Monday, Kwankwaso, who has also defected from NNPP to the Nigeria Democratic Congress, said the door to reconciliation remains open.

He stressed that Yusuf was the one who chose to leave their political fold and that he would not turn him away if he decided to return.

“I still love Abba and I didn’t reject him, he is the one that left. So not just Abba, if anyone who left comes back, I won’t be unforgiving. Look at Ganduje, in the many years we worked together, we fell out several times and got back together. That is how politics works,” he said.

Kwankwaso argued that Yusuf’s electoral victory was made possible by the strength of the movement.

“We picked Abba to contest under the NNPP and we won, but he left to join the people we defeated. Some say he did so because he feared losing his position, but he knows there was no way we would have been defeated in Kano. If that were the case, we would have lost when he contested under our party,” he stated.

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The former governor further explained that the movement intentionally fielded Yusuf in 2023 to demonstrate its political influence.

“We did not choose him because he was the most senior or the most educated. We chose him because we wanted to test the strength and calibre of the Kwankwasiyya movement at that time,” he said.

Emphasising the importance of tolerance in leadership, Kwankwaso said leaders must accept differing opinions and embrace forgiveness.

“As a leader, you need to have an open heart. You cannot force people to think the way you do because we all come from different backgrounds and have different perspectives. Without forgiveness, we would not have come this far,” he added.

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Peter Obi slams Tinubu over rising debt, says N200tn borrowed without accountability

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The 2027 presidential candidate of the Nigeria Democratic Congress, Peter Obi, has criticised President Bola Tinubu’s administration over what he described as excessive borrowing and poor fiscal accountability.

Obi said Nigeria’s total public debt has risen to about N200 trillion, which he attributed to what he called “imprudent governance” under the current administration.

He said the debt level represents an increase of over N100 trillion in three years, contrasting it with the approximately N49 trillion accumulated during the eight-year administration of former President Muhammadu Buhari.

The former Labour Party presidential flagbearer in the 2023 election stated this in a statement posted on his X handle on Tuesday, saying the situation reflected a lack of accountability and transparency in the management of borrowed funds.

“President Bola Tinubu’s administration has engaged in remarkably imprudent borrowing, escalating Nigeria’s total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari’s eight-year tenure, which would have projected to around N80 trillion.

“As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government’s reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds,” he said.

Citing figures from the Budget Office, Obi said the government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding its planned borrowing target of N10.34 trillion by about N1.54 trillion.

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He said such an overrun should ordinarily attract scrutiny and explanation from relevant authorities.

“Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration,” he said.

Obi further claimed that only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the January–September 2025 period, representing 17.66 per cent of the N17.58 trillion earmarked for capital projects, leaving a funding gap of about N14.48 trillion.

He questioned how the remaining funds were utilised.

“The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed.

“The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund?

“Nigerians deserve an answer on how our economy and resources are most unpatriotically managed,” he said.

Nigeria has faced mounting debt pressures since the Tinubu administration’s major reforms began in mid-2023, including the removal of long-standing fuel subsidies and unification of the foreign exchange market.

These moves aimed to correct fiscal distortions but triggered immediate inflation spikes, naira volatility, and higher living costs, while increasing the local-currency burden of debt servicing.

Tinubu had disclosed in May 2026 that Nigeria plans to spend about $11.6 billion on debt servicing in 2026.

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While supporters of the government argue that borrowings support critical infrastructure, critics warn of a debt without growth trap.

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ADC alleges PVC mop-up, fake Amotekun plot

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The African Democratic Congress (ADC) governorship candidate in Ekiti State, Dare Bejide, on Monday, alleged mop-up of Permanent Voter Cards in parts of the state by some agents who he said were illegally collecting the document.

The Director, Communications, Media and Publicity, Amb Dare Bejide Campaign Organisation, Chief Gboyega Aribisogan, said the perpetrators, who he identified as All Progressives Congress agents, wanted to use the cards for sinister purposes, as he appealed to residents not to succumb to such.

Aribisogan also alleged at a press briefing in Ado Ekiti that some political thugs were being kitted in fake Amotekun Security Network uniforms, adding that “the individuals are being trained and mobilised to intimidate voters, snatch ballot boxes and attack polling agents on election day.”

The ADC campaign spokesperson, who said the impersonation of Amotekun operatives was a deliberate plot to confuse voters and discredit a regional security outfit that Ekiti people trusted.

He called on the Ekiti Amotekun Corps Commander, Brig Gen Olu Adewa (retd) and the police “to immediately identify and arrest anyone found wearing an Amotekun uniform without authorisation.”

Aribisogan said, “Across several local government areas in Ekiti, our party has documented a pattern where agents and foot soldiers of the APC are moving from house to house and polling units demanding the collection of PVCs and National Identification Numbers from voters.

“They promised cash, food items, or welfare support in exchange. This is a direct violation of Section 121 of the Electoral Act 2022, which prohibits voter inducement and the seizure of voter cards.

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“The aim is clear – disenfranchise citizens, harvest PVCs, and use them for thumb-printing and multiple voting on election day. No citizen should surrender their PVC or NIN to any political party agent. Your PVC is your power. Once you give it up, you give up your voice.”

He called on the Independent National Electoral Commission to issue a public warning against PVC and NIN harvesting and to deploy its monitoring teams to flashpoints immediately.

“We use this medium to tell Ekiti people not to be intimidated. Do not surrender your PVC or NIN. Do not be cowed by thugs in borrowed uniforms. Your vote is your right, and it is your power. Come out on election day, vote and protect your vote,” Aribisogan stated.

But the APC state Publicity Secretary, Segun Dipe, who spoke in a telephone interview, said the ADC members had only displayed their ignorance once again with their allegations.

Dipe, who said advanced technology had made use of another person’s PVC impossible, queried what APC would want to do with anybody’s voter card.

“The ADC have run out of what to say, and they are only displaying their ignorance. Nobody is mopping up PVCs.

“We will pardon their ignorance if they think that you can collect anybody’s PVC. Why can’t they collect another person’s PVC and see how useful or useless it is? So we are pardoning their ignorance,” he said.

The APC spokesperson, who also dismissed the allegation of kitting thugs in Amotekun outfits, said, “Amotekun is the project of the APC government. It is not the project of any other person. So why would we get fake Amotekun when we can recruit as many people into Amotekun?

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“The duty of Amotekun is different. Amotekun is to ensure that people are not kidnapped; they go into the bushes. Are we kitting fake people to go into the bushes? So again, we pardon their ignorance for not knowing the roles and functions of Amotekun.”

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