Connect with us

News

‘Revenue doubled, debt hit N200tn’ — Peter Obi demands answers from Tinubu govt

Published

on

Mr Peter Obi, presidential candidate of the Nigeria Democratic Congress, NDC, and former governor of Anambra State, has questioned the Federal Government’s borrowing pattern, arguing that the sharp increase in national revenue under President Bola Tinubu’s administration has not translated into improved living conditions for Nigerians.

The remarks were contained in a statement posted on Obi’s official page while reacting to the President’s recent account of his administration’s performance after three years in office.

According to Obi, President Tinubu listed the increase in government revenue from N16.8 trillion in 2022 to N35 trillion in 2025 as one of the administration’s major achievements.

Obi argued that despite the reported increase in revenue, the country’s debt profile had continued to rise.

“Shockingly, while Nigerians expected a reduction in borrowing with the exponential increase in revenue, the opposite is the case,” Obi stated.

According to him, Nigeria’s total public debt has risen to about N200 trillion, representing an increase of over N100 trillion within the last three years.

Obi also argued that the country earned more than projected budget revenues during the period due to global and regional economic developments that affected commodity prices and government earnings.

Obi also alleged that key socio-economic indicators had worsened during the same period.

“Alarmingly, even with the astronomical increase in both revenue and debt, almost all key socio-economic and governance indicators are worse than in 2023,” he said.

Obi cited rising multidimensional poverty, unemployment and a decline in gross domestic product, GDP, per capita as areas of concern.

See also  See how woman died after visiting boyfriend in Abuja

According to him, multidimensional poverty increased from about 87 million people in 2023 to more than 140 million people in 2025.

“The question Nigerians and even the international community are asking is, ‘Where did all the money go?’” Obi stated.

He called for greater transparency and accountability in the management of public resources, urging the government to provide Nigerians with a detailed explanation of how revenues and borrowed funds have been utilised since 2023.

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Tinubu approves N10bn funding for emergency response to Ebola

Published

on

President Bola Tinubu has established a Presidential Task Force on Ebola Virus Disease Preparedness and approved the immediate release of N10bn in emergency intervention funding.

This follows the rapidly expanding outbreak that has already killed at least 349 people across the Democratic Republic of Congo and Uganda, with the World Health Organisation declaring it a Public Health Emergency of International Concern.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said the task force would be chaired by the Chief of Staff to the President, Femi Gbajabiamila, with membership drawn from relevant ministries, departments and agencies and state representatives.

The N10bn, Onanuga said, will strengthen the operational preparedness of the Nigeria Centre for Disease Control and Prevention and support critical national public health emergency response activities.

The task force was constituted following a stakeholder meeting convened by Gbajabiamila to review Nigeria’s preparedness.

It was attended by representatives from the Ministry of Interior, the Federal Airports Authority of Nigeria, the Nigeria Immigration Service, the Nigerian Civil Aviation Authority and the Lagos State Government, among others.

According to Onanuga, Tinubu directed the “intensification of passenger screening at all international airports, including enhanced temperature checks and crowd-control protocols, and enhanced monitoring of passengers arriving on high-risk airline routes, including Air Uganda, RwandAir, Air Tanzania, Air Angola, Kenya Airways and Ethiopian Airlines, all carriers with direct or connecting services from the affected region.”

He ordered the immediate activation of referral and isolation centres at Lagos and Abuja international airports, with other airports to follow, and the mandatory activation of QR code-based pre-arrival health declaration systems for passengers originating from or transiting through designated high-risk countries.

See also  3-storey building accommodating varsity students collapses in Ebonyi

The President also directed the disinfection of departure halls, cargo areas, baggage sections and airport facilities as precautionary environmental measures.

Tinubu directed the task force to designate specific airports or terminals for high-risk flights to enable controlled screening and isolation procedures, and to consider adjusting flight timings to minimise interaction between high-risk passengers and other travellers.

He also mandated the group to consult with security, diplomatic and aviation bodies on the possibility of regulating flights from affected and high-risk countries.

The President directed all states hosting international airports and international border corridors, as well as relevant MDAs, to immediately submit their plans, funding requirements and intervention needs for coordinated implementation.

The current outbreak, caused by the Bundibugyo virus, a species of Ebola, was first confirmed in DRC’s Ituri Province on May 15, 2026, and rapidly spread to Uganda after a case was confirmed in Kampala.

As of June 7, the European Centre for Disease Prevention and Control reported 515 confirmed cases and 91 confirmed deaths, with 283 individuals in isolation.

By May 29, the total suspected case count had risen to 1,037 with 349 deaths.

Unlike earlier-known Ebola strains, there is no licensed vaccine or specific therapeutic agent against the Bundibugyo virus, though early supportive care has been shown to be lifesaving.

Case fatality rates in previous Bundibugyo outbreaks ranged from 30 to 50 per cent.

In 2014, during the West African Ebola epidemic, Nigeria recorded 20 confirmed cases and eight deaths after a Liberian-American diplomat, Patrick Sawyer, arrived at Lagos’s Murtala Muhammed International Airport infected.

See also  ‘Iran Demon Is Gone, Gumi And Other Nigerian Terrorist Sympathisers Are Crying’ – Adeyanju

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

News

June 12: Atiku backed rotational presidency deal, insists Akume

Published

on

The Secretary to the Government of the Federation, George Akume, has said former Vice President Atiku Abubakar was among political leaders who supported the adoption of rotational presidency in Nigeria following the annulment of the June 12, 1993, presidential election.

Atiku Abubakar
Former Vice President Atiku Abubakar

According to the SGF, the annulment of the June 12 election, won by the late Chief MKO Abiola, prompted political leaders to take difficult decisions aimed at preserving national unity and strengthening democracy.

A statement by his Media Aide, Yomi Odunuga, said Akume made the clarification on Tuesday while responding to questions at a World Press Conference in Abuja, as part of activities marking Nigeria’s 27th Democracy Day anniversary.

He recalled that leaders of the Peoples Democratic Party met in Kaduna under the leadership of the late Chief Solomon Lar and Alhaji Adamu Ciroma to deliberate on the country’s political future, with the issue of power rotation featuring prominently.

“It was a tough argument before the issue of rotational presidency was agreed on. At the end, we had to concede. We must do this.

“June 12 annulment had complicated the whole thing. It was finally agreed that we’ll be alternating between North and South.

“Atiku was one of the leaders at that meeting, which was convened by Chief Solomon Lar. He was part of that agreement,” Akume was quoted as saying.

The SGF explained that the decision to alternate presidential power between the North and South was designed to address the political consequences of the annulled election and promote inclusiveness and national cohesion.

See also  Nigerians in South Africa threaten protest over killing of compatriot

Akume’s remarks come amid ongoing political debates over power rotation ahead of the 2027 general election.

Atiku, a northerner and the presidential candidate of the African Democratic Congress for the 2027 election, is expected to challenge incumbent President Bola Tinubu, who is seeking a second term in office.

Tinubu, a southerner, was elected President in 2023 following the completion of the constitutionally permitted two-term tenure of the late President Muhammadu Buhari, a northerner.

Atiku has been criticised by political rivals and the Presidency for running for the highest office and maintaining future presidential ambitions during election cycles when political consensus favours power rotation to the South.

Reflecting on the significance of June 12, the SGF described the annulment as a painful setback to the democratic aspirations of Nigerians.

“Abiola won that election round and square. That election was annulled by the military government. It was very painful because the people spoke, and they spoke freely. They made their own choice,” he said.

According to him, one of the major lessons from the June 12 experience is the supremacy of the people’s will in a democratic system.

“The first lesson is that the voice of the people must always be supreme; it must be sacrosanct. That’s the beauty of democracy. We prefer the ballot to bullets,” he stated.

Akume expressed confidence in Nigeria’s democratic institutions, particularly the Independent National Electoral Commission, saying the country had learned from the events of 1993 and would never allow a repeat of such an annulment.

“If an election is conducted very fairly, and one wins, no problem. The actors at the Independent National Electoral Commission are not young people; they were adults when this thing happened.

See also  See how woman died after visiting boyfriend in Abuja

“If we were to take a poll at that time, over two-thirds of Nigerians would have condemned that act of annulment,” he said.

The SGF further commended INEC officials, describing them as men and women of integrity committed to protecting the nation’s democratic process.

“Fortunately for us, those at INEC are men of honour and integrity. They are well-read, patriotic Nigerians, and they are determined to make a difference. Never again would such happen in this country.

“You win, you win. When you lose, go back and prepare for another election. Look at the American example. President Trump lost to Joe Biden. He didn’t bring America down. He went back, prepared and came back and won. That’s the beauty of democracy,” Akume said.

He noted that Nigeria’s 27 years of uninterrupted democratic rule reflected the country’s commitment to democratic governance and freedom.

“We have decided to embrace democracy. That is why, for 27 unbroken years, we have been enjoying this freedom in a democratic setting. We love the values and the morals of democracy, and there is no system that is as beautiful as democracy,” he said.

Akume also highlighted freedom of expression as one of the key benefits of democratic rule.

“It is under a democratic system that you can insult your president and insult anybody and still go to bed, and you don’t receive a midnight knock on your door. Try it under a totalitarian regime,” he stated.

The SGF urged political actors to embrace democratic principles, respect electoral outcomes and continue to strengthen the nation’s democratic culture.

See also  Big money, small impact: Governors face fire over N9tn FAAC windfall

He added that Nigeria’s 27 years of uninterrupted democracy underscored its commitment to the rule of law, freedom of expression and peaceful political participation.

Continue Reading

News

Tinubu orders repatriation of 300 Nigerians held in Ethiopian prison

Published

on

President Bola Tinubu has dispatched a high-level delegation to Addis Ababa, Ethiopia, to secure the immediate repatriation of nearly 300 Nigerian nationals serving prison sentences in the country, The PUNCH learnt.

Sources within the Presidency and the foreign service familiar with the directive said the prisoners are held in deteriorating conditions at Kaliti, a maximum-security prison in Addis Ababa.

Tinubu mandated the delegation, which includes the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, and the Attorney-General of the Federation, Lateef Fagbemi (SAN), to sign a Memorandum of Understanding with the Ethiopian government that would allow the prisoners to be transferred to Nigeria to complete the remainder of their sentences in Nigerian correctional facilities.

According to one source, the directive came directly from the President, with the delegation departing for Addis Ababa on Tuesday.

“We are leaving because we have prisoners. The President has directed us to get these prisoners back.

“He directed that we go there right away with the Attorney-General, get an MOU quickly signed, so that these prisoners can be transported back to Nigeria, so that they can serve out the rest of their sentences here,” the official revealed.

A second source told The PUNCH that the urgency was driven by the deteriorating physical condition of the inmates.

“They are dying. We have almost 300 prisoners in the open-air prisons in Ethiopia,” the official told our correspondent.

The directive marks the first direct intervention of President Bola Tinubu on the crisis, which has dragged on through several diplomatic channels for over three years.

See also  Nigerians in South Africa threaten protest over killing of compatriot

According to official Ministry of Foreign Affairs figures, more than 270 Nigerians are currently serving prison sentences in Ethiopia, largely for drug-related offences.

Most are held at Kaliti Prison in Addis Ababa, where, since 2019, advocacy groups have alleged overcrowding, starvation, lack of medical care and physical punishment.

On March 12, 2023, Chizoba Favour Eze, a Nigerian inmate at Kaliti Prison, died following alleged brutalisation by prison officials.

Another Nigerian, Uchenna Nwanneneme, died from tuberculosis on September 21, 2023, reportedly after receiving little or no medical attention.

A third Nigerian, Basil Lawrence Ilobi, also died in custody.

Their deaths drew protests from Nigeria’s mission in Addis Ababa and renewed calls from families of the incarcerated for the Federal Government to formalise a prisoner transfer arrangement.

In November 2024, Justice Inyang Ekwo of the Federal High Court in Abuja ordered the Ministry of Foreign Affairs and the Nigerians in Diaspora Commission to facilitate the return of the imprisoned Nigerians, noting that the Ethiopian government had admitted it lacked the budget to care for foreign inmates. However, the order yielded no immediate action.

On April 17, 2025, Ojukwu, then serving as Minister of State for Foreign Affairs, led a delegation to meet Ethiopia’s Ambassador to Nigeria, Legesse Geremew Haile, pressing for the immediate ratification of the MOU.

“Our people don’t want to hear that another Nigerian inmate died in an Ethiopian prison,” she declared during the meeting.

According to her, Nigeria had already completed its own side of the MOU formalities.

She said, “The ministry has fulfilled its own side of the formalities for the Transfer of Sentenced Persons MOU. It is the Ethiopian side that is stalling.”

See also  ‘Iran Demon Is Gone, Gumi And Other Nigerian Terrorist Sympathisers Are Crying’ – Adeyanju

Haile reaffirmed diplomatic ties but acknowledged that the MOU was still awaiting ratification by Ethiopia’s House of Representatives.

In September 2025, families of inmates at Kaliti Prison appealed directly to President Tinubu, the Senate and NiDCOM to intervene and activate the prisoner transfer arrangement.

In January 2026, the Ethiopian House of People’s Representatives ratified prisoner transfer agreements with China, Brazil and a criminal extradition agreement with South Africa.

In 2019, Ethiopia granted amnesty to Nigerian prisoners. However, several persons subsequently returned to the country and were re-arrested for similar drug-related offences.

Since the 1980s, the United Nations Office on Drugs and Crime has promoted model agreements for the international transfer of sentenced persons, encouraging countries to allow prisoners to serve sentences in their home countries to aid rehabilitation.

Advocacy groups say many Nigerians held at Kaliti are reportedly travellers transiting through Addis Ababa’s Bole International Airport, one of Africa’s busiest aviation hubs, who were arrested on drug charges.

They argue that some were unwitting carriers of narcotics allegedly planted in their luggage.

Continue Reading

Trending