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Obasanjo; Naira stability one of Tinubu’s Govt success that cannot be underestimated

Professor Iyabo Obasanjo, daughter of former President Olusegun Obasanjo, has thrown her weight behind President Bola Ahmed Tinubu’s economic direction, describing the stabilisation of the Naira as a major achievement with far-reaching implications for businesses and investors.

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Speaking with journalists at the Olusegun Obasanjo Presidential Library in Abeokuta on Saturday, the former Senator for Ogun Central said the relative predictability in the foreign exchange market has restored confidence in economic planning.

“I think there is a lot going on positively. One is the stabilisation of the Naira. What that does is that people can predict how much money they will spend on imports and how much income they will get. So stabilisation of the Naira is a big one,” she said.

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According to her, exchange rate stability is critical to economic growth because it allows businesses to plan around import costs and export earnings without the fear of sudden currency fluctuations.

“So, I think that the economic stability cannot be underestimated because when people can predict income and exports, they do it, things get better because then you are not buying something at one price because of the dollar instability, and having to sell, buying it at a higher price, and then it changes everything,” she added.

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Obasanjo also praised the Lagos-Calabar Coastal Road project, despite earlier criticisms surrounding it. She said the initiative could significantly boost economic activity and ease congestion along major transport corridors.

“Although there was a lot of negativity around the road to Calabar, that will generate income in terms of ports. They will connect the two ports now to the other one. It will also ease transportation to the East in ways that we can’t even start to reckon with,” she stated.

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She further pointed to what she described as improvements in security, attributing them to increased collaboration both domestically and internationally.

“There are also some improvements in security, mainly because now we have a lot of collaboration going on. The international collaboration, the President’s visit to different countries for trade and economic development, is rising. And that is the key to everything we do. I think that does.”

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The professor of veterinary medicine, who recently declared her intention to contest the 2027 Ogun State governorship election, said her experience in public service has prepared her for higher responsibility.

A former Commissioner for Health in Ogun State between 2003 and 2007, she expressed confidence that the state is well positioned to produce Nigeria’s first female governor, citing its literacy level and historical record of female leadership, including figures such as Madam Tinubu and the Egba women warriors.

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On the question of power rotation within Ogun State, Obasanjo addressed concerns about Ogun West not having produced a governor since the state’s creation on February 3, 1976.

She said it was not the fault of Ogun Central, noting that her father and other political leaders from the zone had previously supported efforts to produce a governor from Ogun West, albeit unsuccessfully.

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She suggested that unless Ogun East and Central zones are willing to concede political space, it may remain difficult for Ogun West to produce a governor in the near term, lamenting the absence of a clear agreement or consensus among the zones.

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BREAKING; Police rescue Adelabu’s sister, twin sons alive, kill two kidnappers

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BREAKING; Police rescue Adelabu’s sister, twin sons alive, kill two kidnappers

Operatives of the Nigeria Police Force have rescued Mrs. Olaide Busayo Adegoke John-Paul and her 12-year-old twin sons, Peter and Paul, during a rescue operation conducted on Saturday evening, three days after they were abducted in Oyo State.

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The victims, including the younger sister of former Minister of Power, Chief Adebayo Adelabu, were freed at about 7:30 p.m. following sustained intelligence-led operations by security personnel.

Police sources said two suspected kidnappers were killed during a gun battle with operatives, while two firearms were recovered from the gang.

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Mrs. John-Paul and her children were reportedly kidnapped at about 7:30 a.m. on June 3 while on their way to school.

According to security sources, intelligence gathering and continuous tactical pressure mounted on the kidnappers forced the criminals into a confrontation with police operatives, leading to the successful rescue of the victims.

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The victims were rescued unharmed and have since been reunited with their family.

Meanwhile, security operatives have launched a manhunt for other members of the kidnapping syndicate who escaped during the operation.

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Senator Ndume hails President Tinubu saysNorth would reward him with votes

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Senator Ndume hails President Tinubu saysNorth would reward him with votes

Senator Ali Ndume, who represents Borno South in the National Assembly, has commended President Bola Ahmed Tinubu for approving the reconstruction and dualisation of the Gombe–Biu highway, describing it as a strategic intervention that will transform connectivity and economic activity in the North-East.

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The federal government had on Thursday flagged off the 125-kilometre Gombe–Biu road project at a cost of N1.245 trillion under a major infrastructure renewal programme.

In a statement on Saturday, Ndume said the project would significantly improve regional integration, boost commerce, and strengthen security operations across affected corridors in the North-East.

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He noted that he had consistently advocated for the rehabilitation of the highway under successive administrations, citing repeated engagements with key government officials over the years.

“In 2019, during a high-level engagement with the then Minister of Works and Housing, Babatunde Raji Fashola, which I initiated, I expressed concerns regarding the deplorable condition of the Biu–Gombe Road, emphasizing its strategic significance to economic integration, inter-state mobility, security operations, and regional development within the North-East subregion,” he said.

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The senator added that he renewed his advocacy in 2021 during discussions on national infrastructure financing, where he again pushed for the inclusion of the corridor in federal priority projects.

“Also in July 2021, during an engagement with the Ministry of Works, during deliberations connected to national infrastructure financing frameworks, including projects tied to African Development Bank-supported facilities, I also made presentation on the urgent need to include the Biu–Gombe corridor within federal rehabilitation priorities, strategic funding windows, and long-term infrastructure development frameworks,” he said.

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Ndume further disclosed that a letter he sent to the Minister of Works, David Umahi, on February 11, 2026, helped reinforce the case for the project’s approval.

“It is heart warming to note that my interaction with the present Minister of Works, Engineer Dave Umahi in a letter dated February 11, 2026, in which I drew his attention to the exclusion of the Biu/Damboa/Maiduguri all in Borno state in the 2026 Budget Four Legacy Projects of the present administration finally paid off as the Federal Executive Council (FEC) eventually approved the Biu–Gombe Road project under the federal tax credit and infrastructure intervention framework,” he said.

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“The project was subsequently captured among strategic national road interventions financed through the Nigerian National Petroleum Corporation (NNPC) tax liabilities arrangement.”

Ndume described the highway as a “strategic” economic and security corridor linking the North-East with other parts of Nigeria and neighbouring countries, adding that its rehabilitation would also help curb insurgency by improving mobility for security agencies.

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While expressing appreciation to President Tinubu for the approval, the senator urged the Federal Government to extend the project beyond Biu to Maiduguri, Monguno, Ngala, and down to Yola.

“I want to appreciate Mr. President for listening to my calls. It is a laudable project that will unlock economic opportunities and improve the quality of life for Nigerians,” he said.

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“Like Oliver Twist, we want to appeal to President Tinubu to extend the road network not only to Biu, but to Maiduguri and up to Monguno and Ngala, and then down to Yola.”

“Those are very critical roads that go down to the border that will also promote inter-country trade and also help in the fight against insurgency because they always take advantage of the bad road to block people and kidnap travelers on that road.

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“I am sure that the people of the North East will appreciate this gesture of Mr. President and reward him with their votes in the forthcoming general elections.”

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Tension in Political circles as INEC voids late Primarily elections

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Tension in Political circles as INEC voids late Primarily elections

The firm stance of the Independent National Electoral Commission (INEC) on its May 30 deadline for the conduct of party primaries ahead of the 2027 general elections has triggered anxiety within several political parties, especially those considering fresh or rerun exercises.

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INEC National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Kudu Haruna, warned that parties that conduct primaries outside the approved timeline risk having their candidates rejected, pending the outcome of ongoing legal disputes.

“Any primary held outside INEC’s May 30 deadline will be invalid unless the Court of Appeal overturns the Federal High Court judgment,” Haruna said.

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The commission is currently challenging a Federal High Court judgment in Abuja which nullified parts of INEC’s timetable for pre-election activities, including the schedule for party primaries, on the grounds that the electoral body acted beyond its statutory powers under the Electoral Act 2026.

Although some political parties welcomed the court ruling, they have largely continued to operate within INEC’s original timetable to avoid jeopardising their candidates’ eligibility in the event that appellate courts rule in favour of the commission.

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However, concerns have grown that compliance pressure may undermine internal party dispute resolution processes, particularly where rerun primaries are being considered.

In Kaduna State, members of the African Democratic Congress (ADC) are already facing uncertainty following the party’s appeals committee order for fresh primaries in several constituencies over alleged irregularities, exclusion of aspirants and procedural breaches.

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The committee, chaired by Dr. Muhammed Fagge, ordered reruns in Ikara/Kubau, Kaduna South and other state constituencies—an action that now risks clashing with INEC’s deadline.

Observers warn that unless the Court of Appeal intervenes, any primaries conducted after May 30 could trigger disqualification disputes capable of weakening opposition parties ahead of the 2027 elections.

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Within the ADC, internal tensions have also intensified over leadership and candidate legitimacy. The party is currently divided into factions, with competing claims over its presidential nomination process.

At a convention held on Sunday, a faction led by Abdulkadir Mohammed Bashir adopted former presidential candidate Dumebi Kachikwu as its consensus flag bearer for the 2027 election.

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This development comes after former Vice President Atiku Abubakar emerged as the presidential candidate of the David Mark-led National Executive Committee following its primary election.

Party sources said that after the May 25 primary, the Mark-led leadership adopted a dual strategy of managing grievances while processing nominations for submission to INEC, including activating appeal mechanisms established before the exercise.

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The party had constituted a Presidential Appeals Committee chaired by Dr. Suleiman Usman (SAN) to handle complaints arising from the primaries.

However, despite public objections to the outcome, there is no indication that former Minister of Transportation, Rotimi Amaechi, formally submitted a petition to the committee.

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Similarly, while businessman Mohammed Hayatu-Deen raised concerns about the process, party officials say there is no record of a formal appeal being filed.

Amaechi had alleged widespread disenfranchisement during the exercise, while Hayatu-Deen boycotted the collation and declaration of results, citing irregularities. Amaechi was also absent at the final announcement of results.

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The absence of formal petitions has raised concerns within party circles, particularly as the appeals committee was set up specifically to address such grievances.

Party officials insist reconciliation efforts are ongoing, with internal mechanisms being deployed to resolve disputes across presidential and legislative contests.

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At its 101st National Executive Committee (NEC) meeting in Abuja on May 30, 2026, the Mark-led ADC ratified the outcomes of its state, National Assembly, governorship and presidential primaries, except where appeals were still pending or processes had not been concluded as of May 29.

The NEC also approved a 12-month extension of the National Working Committee’s tenure and affirmed the emergence of Atiku Abubakar as the party’s presidential candidate for 2027.

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However, the crisis is further complicated by the rival faction loyal to Bashir, which insists its own convention and nomination process followed the ADC constitution.

Announcing Kachikwu’s emergence, chairman of the faction’s convention electoral committee, Hon. Elias Adikwu, said delegates adopted him through a consensus arrangement reached by voice vote.

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Although Atiku has appealed for unity among party stakeholders, analysts say unresolved disputes and parallel structures within the ADC may continue to test the party’s cohesion as preparations for the 2027 elections intensify.

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