An Abuja Federal High Court has ruled that nothing has changed in the leadership of the House of Representatives, emphasising especially that Aminu Tambuwal remains the Speaker.
Issuing the ruling on Monday, the court also said that Tambuwal could not be removed and that the House could not reconvene until the date it was adjourned to on 3rd December.
After the rulings were passed, the hearing on the substantive case was adjourned till Friday.
The suit was filed by lawmakers on the All Progressives Congress (APC) platform in the House of Representatives to stop an alleged plan by the ruling Peoples Democratic Party (PDP) to re-convene before the adjourn date.
The Opposition Reps had prayed the court to declare that only the speaker can issue a directive to re-convene the House and any other attempt is illegal and unconstitutional.
The opposition lawmakers also urged the court to examine whether in view of section 60 of the 1999 constitution and rules 18 of the House standing order the House of Representative can be re-convened without the express application to the speaker, or whether the House could be re-convened without the speaker directing the clerk of the House to give notice of such re-assembly of members.
The lawmakers also wanted to clarify if the sitting can be re-convened by any other principal officer of the House of representative without recourse to the speaker.
Mahmud Magaji, counsel to APC lawmakers told reporters that the lawmakers also sought “a declaration that the House of Representative cannot be reconvened without recourse to the speaker and an express directive by him to the clerk of the house to do same.
Magaji told the court to issue an order of mandatory injunction restraining anyone from reconvening the House of Representatives on an earlier date than 3rd December.
Towing the same line, human rights lawyer, Femi Falana (SAN) has sent a strongly worded letter to Abba, asking him to quit his job as IGP for breaking the law he is supposed to up hold by presumptiously withdrawing the speaker's security details.
In his letter to the IGP, Falana pointedly accused the police chief of being partial.
Falana said: “Since you were appointed the Acting Inspector-General of Police by the President of the Republic on July 31, 2014 the Nigeria Police Force has been involved in partisan politics to the detriment of law and order in the country. Permit me to draw your attention to three glaring cases of political bias recently displayed by the Police under your leadership.
“Firstly, the Osun State governorship election which took place on August 9, 2014 was almost marred by the Police and other security forces which arrested and detained over 700 leaders of the All Progressive Congress (APC). Indeed, some electoral officers who were assumed to be members of the APC were also railroaded to police custody. But for the personal intervention of Professor Attahiru Jega, the Chairman of the Independent National Electoral Commission, the said electoral officers would not have been released. Thus, the election would have been disrupted by the police and other security forces whose duty it was to maintain law and order during the democratic exercise. However, the detained APC leaders who were released after the election have not been charged to court for breaching the provisions of the Electoral Act or any other law whatsoever.
“Secondly, Mr. Joseph Mbu, the controversial Assistant Inspector-General of Police in charge of Zone 7 of the Nigeria Poilice Force announced a ban any rally demanding for #bringbackourgirls within the federal capital territory. The ban was designed to assuage the feelings of some officials of the Federal Government who are embarrassed by being reminded of their constitutional duty of rescuing the over 200 Chibok girls who were abducted 6 months ago by the nihilist boko haram sect. In a judgment delivered last week, the Federal Capital Territory High Court declared the ban illegal, null and void on the ground that it constituted an infringement of the fundamental rights of the patriotic campaigners to freedom of assembly and expression guaranteed by the Constitution. In spite of the judicial indictment you have not deemed it fit to call Mr. Mbu to order for the reckless abuse of police powers.”
He pointed to the latest instance of partiality by Abba as example.
He said: “You caused the security details of Honourable Aminu Tambuwal, the Speaker of the House of Representatives to be withdrawn last week on the ground that he had decamped from the Peoples Democratic Party (PDP) to the APC. As if that was enough, you decided to usurp the judicial powers of the federation which are exclusively vested in the courts by section 6 of the Constitution when you claimed that the Speaker had lost his office and seat as a federal legislator having contravened section 68 (1) (g) of the Constitution. By your illegal pronouncement you disregarded section section 50 (2) (c) thereof which stipulates that the Speaker of the House of Representatives can only be removed by a resolution passed by votes on not less that two thirds majority of the members of the House.”
Falana said Abba’s “actions and utterances in the circumstance have exposed the Police to unwarranted ridicule as Nigerians are not unaware of the fact that when the Ondo State legislators elected on the platform of the Labour Party (LP) decamped to the PDP last month your office did not declare their seats vacant. In particular, you did not withdraw the security details of Honourable Jumoke Akindele, the Speaker who led her colleagues to dump the LP for the PDP. In the same vein, Honourable Ahmadu Fintiri, the Speaker of the Adamawa State House of Assembly and his colleagues who decamped from the PDP to the APC and have since returned to PDP. You did not have cause to declare their seats vacant. Neither have you withdrawn the security details of Honourable Fintiri.
“Thus, by subjecting Honourable Aminu Tambuwal to selective persecution on ground that he decamped from the ruling party you violated his fundamental right to freedom from discrimination. As you are no doubt aware, it is a breach of section 42 (1) of the Constitution and Article 2 of the African Charter on Human and Peoples’ Rights to subject any citizen of Nigeria of a political opinion to disabilities, deprivation and restrictions to which other citizens who hold alternative views or opinions are not made subject. Since the security details of other Speakers who decamped from the APC and LP to the PDP have not been withdrawn those of Honourable Tambuwal were illegally withdrawn. They ought to be restored without any further delay.
"The law and order in the country cannot be maintained by a compromised Police institution you may want to resign your appointment if you are not prepared to discharge your onerous constitutional responsibilities without fear or favour, affection or ill-will," Falana added.
Tambuwal has said that he is the Speaker and would not be intimidated, adding that he would to continue working with progressive-minded people for the good of the country.
Tambuwal who spoke for the first time since he was stripped of security over his defection from PDP to APC, described the withdrawal of his police aides by the Inspector-General of Police (IGP), Suleiman Abba, as an abuse of power.
Speaking at a ‘Victory Colloquium’ organised for the Osun State Governor, Ogbeni Rauf Aregbesola by an online medium ‘The Gazelle News,’ with the theme: “Osun Election: A Pathway for Nigeria’s Democratic Growth,” Tambuwal said although the matter was already in court, he had left what he described as a public drama to the people of Nigeria to decide whether the IGP was fair in his pronouncement.
According to him, “since the beginning of the public drama in Abuja, I have not made any public appearance or comments on it. Now that I am here, I will take the advantage of the ceremony to thank Nigerians, lovers of democracy, our true friends, members of human rights society and others for the support extended to me on the matter.
“Since the matter is in court, I will not say much, but I will draw public attention to what is public knowledge. Before my defection to the APC, the governor of Ondo State defected alongside with the speaker of the state legislature. I believe there was no pronouncement from the IGP to the effect that the speaker lost his seat.”
The Speaker, while commending Aregbesola on his victory in the August 9 governorship election, recalled that the defeated PDP aided by Federal Government security agencies did all humanly possible to stop the people of Osun from exercising free and fair franchise.
“Aregbesola and his party, APC, won the election because of the resolution of the people and their commitment to stand for justice.
“I commend the people of Osun for resisting those principalities; for resisting members of the Armed Forces that ordinarily should have been at Sambisa Forest at that time, but were misdirected and misapplied on the peaceful people of Osun State and they wasted our bullets; but I doff my cap for the people of Osun State.”
In his address, National Legal Adviser of APC, Dr. Muiz Adeyemi Banire, who was the guest speaker, with the former factional chairman of the PDP, Alhaji Kawu Baraje and Ajibola Bashiru as moderators, urged political parties not to allow religious sentiment to determine their choice of candidates in the coming general elections.
According to him, allowing religious sentiments to overshadow popularity, performance and credibility would spell doom for the country.
He stated that Governor Aregbesola and the APC won the August 9 governorship election because of the popularity of the party’s standard bearer.
In his closing remarks, Aregbesola attributed his victory at the last poll to the determination of Osun people to resist tyranny and oppression.
“Our victory, which we are celebrating today, did not come cheap in Osun; we fought and fought but through the resilience and commitment of the people of Osun, we won. I must tell you that nothing was left undone to ensure that PDP won by all means,” the governor said.
 |
|
The EFCC chairman, Olu Olukoyede, however, said that after concluding the investigation, he invited Eze, who is also the convener of the New Season Prophetic
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said that he investigated the Lead Pastor of Streams of Joy International, Jerry Eze, for six months for alleged money laundering.
Olukoyede disclosed this at the Jerry Eze Foundation Business Grant Award Ceremony in Abuja on Wednesday.
He said that the agency observed that there was a domiciliary account where dollars and pounds were “dropping like raindrops” from different countries.
“I am going to embarrass you today. I never wanted to say it, but I just felt that was my little way of making this contribution.
“I investigated this man for six months for money laundering. We work by intelligence, we work by petitions.
“At some point, there was an account, a domiciliary account; dollars, pounds were dropping like raindrops from Colombia, from America, from Sri Lanka, even from Togo.
“I said, ‘Who is this man?’ Yes, I have been hearing about his name. I have seen his face a couple of times. I never bothered about what he was doing; he is a pastor,” Olukoyede said.
“So, they said it’s one Pastor Jerry Eze of Streams of Joy. Go and investigate him. So, we went into investigation; we combed the books. Yes, we saw the money coming in.
“So, my investigating officer came to me one day and said, ‘Sir, this is the preliminary report.’ I said I would like to see this man. Go and invite him.
“So, he (Eze) came to my office. I saw him. I had seen that face, but I didn’t know it was him, because I saw somebody who came in with baggy trousers, a T-shirt, and some punk with a parting.
“I was almost going to say, ‘Go and call your pastor, my friend; go and bring your bishop,’” the EFCC chief said.
Olukoyede, however, said that after concluding the investigation, he invited Eze, who is also the Convener of the New Season Prophetic Prayers and Declarations (NSPPD), and commended him.
“So, he told me what happens, how the money came, and how he has been helping people and all of that. I told him, ‘I didn’t call you here to explain to me. We’ve already done our work. I called you here to commend you,” he added.
Olukoyede said that the EFCC also has a preventive mandate, adding that the agency should also identify with righteous people with integrity.
The EFCC chairman urged him to continue to keep his hands clean, because the anti-graft agency, according to him, “will always come for you”.
“The only thing that is remaining now is to give you a letter of validation, but I’m not going to give you because I’ll still continue to monitor your finances,” he told the pastor.
News
Lagos, Nigeria – April 2026 – United Bank for Africa Plc, leading Pan-African financial institution, has released its unaudited financial results for the first quarter ended March 31, 2026, demonstrating resilient operating performance and continued balance sheet strength despite a moderated profitability environment.
Gross earnings increased by 5% to ₦801.5 billion, driven by growth across key revenue lines. Interest income also rose 6.9% to ₦641.1 billion, while non-interest income grew 17.3% to ₦137.1 billion, highlighting the Group’s expanding and diversified revenue base.
Net interest income advanced 10.5% to ₦383.7 billion, supporting a 12.2% increase in operating income to ₦520.8 billion, demonstrating sustained momentum across core banking operations.
UBA recorded notable improvement in key profitability and efficiency metrics, reflecting a more sustainable earnings profile.
While return on average equity rose to 13.7%, return on assets improved to 1.77%, signalling stronger earnings efficiency. Cost of risk declined significantly to 2.02%, underscoring improved asset quality and disciplined risk management. Cost of funds moderated to 3.73% from 3.83% in Dec 2025, reflecting improvement in funding cost.
Profit before tax moderated to ₦160.7 billion, while profit after tax moderated to ₦146.6 billion, representing declines of 21.4% and 22.8% respectively, consistent with the Group’s guidance on earnings normalisation.
The bank also did well in maintaining a strong and resilient balance sheet with total assets of ₦33.1 trillion and customer deposits of ₦26.2 trillion.
Commenting on the results, Group Managing Director/CEO, Oliver Alawuba, said: “UBA’s Q1 2026 performance underscores the strength of our diversified Pan-African model and the resilience of our core banking franchises. While profitability has moderated in line with our expectations for a transition year, we are seeing strong underlying momentum across our markets, supported by improved earnings quality and disciplined risk management.
Our continued investments in digital capabilities and regional expansion are enhancing revenue resilience and positioning the Group for sustainable long-term growth. We remain firmly committed to driving financial inclusion, enabling intra-African trade, and delivering superior value to our stakeholders.”
Also speaking, Executive Director, Finance & Risk Management, Ugo Nwaghodoh, added: “The Group’s Q1 performance reflects a deliberate shift towards a more sustainable and scalable earnings profile following our successful recapitalisation. Key profitability indicators, including return on equity and return on assets, show improvement on a year-to-date basis, despite the normalisation of headline earnings. Our balance sheet remains robust, supported by a diversified funding base and disciplined loan growth. With stable funding costs and improving asset quality, we are well positioned to drive operating leverage and long-term value creation.”
UBA expects 2026 to remain a transition year characterised by continued investment in digital transformation and operational scalability; strengthened risk management and provisioning frameworks; enhanced focus on high-quality, sustainable earnings and deeper penetration across African markets.
The Group remains strongly capitalised, highly liquid, and strategically positioned to execute its long-term growth agenda.
United Bank for Africa Plc is a leading Pan-African financial institution, serving over 45 million customers through 1,000 business offices and customer touchpoints in 20 African countries. With operations in New York, London, Paris, and Dubai, UBA connects people and businesses across Africa through retail, commercial, and corporate banking, payments, trade finance, and cross-border solutions.
Business
In The Spotlight
Once upon a time, elections in Nigeria were fought in town halls, party secretariats, and the noisy arenas of Abuja and Lagos where political legitimacy was earned through persuasion, coalition building, and the unpredictable alchemy of Nigerian democracy. Today, the political class has discovered a more glamorous battlefield and a grotesque new theatre has emerged: Nigerian politicians now conducts its fiercest battles not at home, but in Washington, London, Brussels, and any foreign capital willing to rent out its influence for a fee. What used to be a domestic contest for legitimacy has mutated into a transcontinental lobbying war; one that threatens not only Nigeria’s sovereignty but the very idea that Nigerians, not foreign policymakers, should determine their own future.
The latest episode - Atiku Abubakar’s $1.2 million contract with the Washington lobbying firm Von Batten–Montague–York, illustrates the scale of the problem. According to publicly available filings, the firm is tasked with “counterbalancing” the Nigerian government’s messaging in Washington, briefing members of Congress, shaping US policy narratives, and even taking concerns about INEC’s internal decisions directly to President Donald Trump. This is not subtle diplomacy. It is a direct appeal to a foreign power to intervene in Nigeria’s internal affairs. And Atiku is not alone. Abuja itself has long maintained its own lobbying presence in Washington.
The implications for Nigerian sovereignty are profound. When political actors outsource legitimacy to foreign capitals, they implicitly concede that domestic institutions - INEC, the courts, the legislature - are insufficient arbiters of political competition. Every time a Nigerian politician hires a K Street firm to “shape narratives,” they reinforce the perception that Nigeria’s democratic institutions are too weak, too compromised, or too distrusted to manage their own affairs. This is not merely embarrassing. It is dangerous. Foreign governments, including the United States, act according to their own interests. Their priorities - counterterrorism, energy security, migration, geopolitical competition - rarely align neatly with Nigeria’s democratic aspirations. When Nigerian politicians invite foreign actors into the electoral arena, they risk turning domestic politics into a bargaining chip in someone else’s strategic calculus.
The internationalization of Nigerian elections is unmistakable. Nigerian elections are no longer fought solely in Abuja, where institutions are contested; Lagos, where money and media converge; Kano, Port Harcourt, Enugu, where political blocs mobilize. They are now fought in Washington, through lobbyists and congressional briefings; London, through diplomatic signaling and media narratives; Brussels, through human rights reports and EU statements, and global think tanks, which increasingly shape elite opinion. This internationalization is not inherently new. Nigeria has always been entangled in global politics, but the scale and brazenness are unprecedented. Lobbying contracts worth millions, public statements aimed at foreign leaders, and strategic leaks to international media have become routine tools of political warfare.
Three forces drive this trend. First, elite signaling: Nigerian elites - governors, financiers, power brokers, watch Washington closely. A photo op with a US senator or a favorable mention in a congressional report can shift alliances faster than any manifesto. Second, institutional distrust: When domestic institutions are perceived as compromised, politicians seek validation abroad. This is a symptom of democratic fragility, not strength. Third, narrative power: International narratives shape domestic legitimacy. A critical report from a foreign government can damage a candidate more than any local scandal. But the revelation that Atiku’s lobbyists intend to brief President Trump directly on Nigeria’s internal political disputes marks a new frontier. It suggests that Nigerian actors now view foreign leaders not merely as observers but as potential arbiters of domestic political legitimacy. Even if Trump takes no action; and there is no evidence he will, the symbolism is corrosive. It signals to Nigerians that their political destiny is being negotiated in rooms they cannot enter, in conversations they cannot hear, by actors they did not elect.
It would be naïve to pretend that only opposition figures engage in this behavior. Successive Nigerian governments have spent millions on lobbying firms to burnish their image abroad, counter criticism, and influence foreign policy circles. Abuja’s own lobbying footprint in Washington is well documented. The Tinubu administration entered a significant lobbying contract with the DCI Group in Washington DC, with payments totaling $9 million per annum. The lobbying effort is designed to improve the image of the Nigerian government, particularly in countering reports of religious persecution and Christian killings, which led to the US designating Nigeria as a "country of particular concern." An initial $4.5 million was paid as an upfront retainer. Thus, the problem is not partisan. It is systemic.
The result is a grotesque spectacle: Nigerian factions fighting proxy battles on American soil, each hoping that a congressional hearing, a think tank panel, or a raised eyebrow from a US official will tilt the balance of power back home. Every time a Nigerian politician hires a foreign lobbying firm to “shape narratives,” they send a clear message: Nigeria’s institutions are not trusted to referee Nigeria’s politics. This is not merely a symbolic problem. It is a structural one. When domestic actors outsource legitimacy to foreign capitals, they weaken INEC’s authority, judicial independence, public trust in elections, and the principle that Nigerians, not foreign policymakers, should determine Nigeria’s future.
The cost to democracy and the consequences are severe; not the least of which is the delegitimization of domestic institutions. If foreign capitals become the ultimate referees, INEC’s authority erodes. Courts lose credibility. Elections become performative rather than decisive. Besides, it can engender voter alienation. Ordinary Nigerians, already skeptical of political elites, see foreign lobbying as proof that elections are elite games played on foreign turf. In addition, there is policy distortion. When foreign approval becomes a political asset, leaders prioritize external optics over domestic needs. Finally, there is sovereignty erosion. A nation that allows foreign actors to shape its electoral outcomes, directly or indirectly, risks becoming a client state in all but name.
Foreign governments can issue statements, hold hearings, or express concern. But they cannot, and should not determine Nigeria’s political future. The real contest will still be decided by economic performance, institutional credibility, voter mobilization, coalition building, and public dissatisfaction or approval. No amount of lobbying can substitute for legitimacy earned at home. Nigeria’s political class must rediscover a basic democratic principle: sovereignty is not merely territorial; it is political. A sovereign nation does not subcontract its political disputes to foreign capitals. It resolves them through its own institutions, however imperfect. If Nigerian leaders want stronger institutions, they must build them. If they want international respect, they must earn it domestically. And if they want credible elections, they must stop treating foreign governments as political referees. Until then, Nigeria’s democracy will remain vulnerable; not because of foreign interference alone, but because its own leaders keep inviting it.
Opinions
In The Spotlight
When President Bola Tinubu announced that Nigeria would extend the 2025 budget implementation deadline to June 30, 2026, three months beyond the original March 31 closure, the decision barely registered as a scandal.
Instead, it was packaged as practical governance: a mere extension to “allow for full utilisation of funds for ongoing infrastructure projects.”
But within 48 hours, three events revealed the ruse: Tinubu fired Finance Minister Wale Edun. Just hours later, on April 23, he requested Senate approval for another $516.3 million external loan.
Read together, these moves tell a story of institutional collapse so profound it should terrify every Nigerian who believes governance matters.
Edun’s removal was not sudden. According to Premium Times’ exclusive reporting, tension between Tinubu and Edun stemmed from “widespread complaints about low capital budget releases and slow budget planning,” which had “serially disrupted the country’s January-to-December budget cycle.”
In February, lawmakers accused Edun of recording “zero implementation” of the 2025 capital budget despite approving N1.15 trillion for capital components.
By December 2025, tensions erupted. At a Federal Executive Council meeting, Edun and Tinubu allegedly clashed so severely over capital releases that a presidential aide had to advise the Minister against raising his voice at the president.
One official present said, “From that point, it seemed that his goose was cooked.”
We know better now: Edun was not fired for releasing money recklessly. He was fired for not releasing it. He had resisted the “unsustainable” practice of “printing money” to pay contractors and instead prioritised debt servicing.
In a government committed to borrowing without limit, Edun represented a constraint. Now, that constraint is gone.
On April 23, Tinubu requested Senate approval for a $516.3 million external loan for the Sokoto-Badagry Superhighway.
This loan, like many before it, was swiftly approved by a Senate that has abandoned any pretence of fiscal scrutiny.
This follows a pattern that alarmed even opposition figures.
In early April, former Vice-President Atiku Abubakar issued a searing critique after the Senate approved $6 billion in external loans in less than four hours.
The loans comprised $5 billion from Abu Dhabi Bank (for budget deficit coverage and debt financing) and $1 billion from London Citi Bank (for port rehabilitation).
Four hours. For $6 billion. Not even the most elementary debate.
Atiku condemned the Senate for reducing itself to “a conveyor belt, processing requests of grave national consequence without due diligence. Borrowing decisions that will bind generations yet unborn cannot, and must not, be treated with this level of casual urgency.”
What emerges is not disorganisation but a deliberate strategy: approve massive budgets, execute them poorly, extend deadlines to hide execution failure, and request external loans continuously, not to finance new infrastructure, but to service existing debt and plug gaps created by poor spending.
According to theWorld Bank data cited by Atiku, Nigeria’s exposure to the International Development Association had risen to $18.7 billion by February 2026, placing the country among the largest recipients of concessional loans globally.
In March, while Edun was still nominally Finance Minister, the government requested an additional $6 billion in external borrowing, even as the Debt Management Office pursued aggressive domestic borrowing through high-volume bond auctions.
The math is inescapable: Nigeria is now borrowing not to invest in growth, but to service prior borrowing.
Few writers can claim to have criticised Atiku more than myself in the past two decades, but he is certainly correct on this one: “Resorting to fresh borrowing to service existing debts, plug budget gaps, and meet routine obligations…reflects a troubling absence of fiscal discipline, clear prioritisation, and sustainable economic planning.”
Atiku posed the critical question: “What does a government that appears to be preparing for electoral rejection in 2027 intend to do with an additional $6 billion in borrowed funds, on top of the mounting obligations it has already accumulated in just the first quarter of 2026?”
This is why Edun’s removal makes perfect sense: He was an obstacle to a borrowing drive on steroids.
His insistence on debt servicing, his resistance to “printing money,” his refusal to release capital budgets when execution capacity was nil, all these made him expendable.
His firing signals that the path is now clear: borrow continuously, execute sporadically, extend budgets infinitely, and rotate out any official who asks uncomfortable questions.
If budget execution failure was the genuine problem, two evidence-based policies could have addressed it without the fiction of extension deadlines.
Policy One: Use-It-or-Lose-It Reversion with Mandatory Public Inquiry:
Under this mechanism, any funds unspent by March 31 would revert to a centralised contingency account, jointly overseen by the Budget Office and National Assembly. Before reallocation, these reverted funds would trigger mandatory public inquiry: Which ministries failed? Were procurement processes broken? Was deliberate underspending occurring to preserve cash for debt service?
This creates real consequences for non-performance and makes execution discipline a matter of institutional reputation. Several nations use variants of this approach. The result is visible accountability, and that visibility itself creates incentive for improvement.
Policy Two: Quarterly Budget Reviews with Automatic Reallocation:
Every 90 days, the Budget Office would assess spending velocity. Ministries on track continue spending; underperforming ministries have allocations immediately reallocated to performers. The underperforming ministry must justify failure publicly, in writing.
This makes execution visible in real-time. It rewards actual performance rather than optimistic projections. Ministries and contractors would have every incentive to execute, because underperformance is immediately visible and immediately punished through reallocation.
Budgetary discipline is foundational to democracy. When a government can spend money on undefined timelines under invisible oversight with no consequences for failure, it has exempted itself from accountability.
The National Assembly becomes ceremonial, as exemplified by the current one under Godswill Akpabio. Citizens lose the baseline to measure whether tax revenue was wasted or stolen.
In an election year, this matters intensely. A government seeking re-election should demonstrate efficiency and disciplined execution. Instead, the pattern—budget extension, Finance Minister removal, serial loan requests, Senate approval in hours, signals an administration so insulated from consequences that it need not demonstrate competence at all.
Atiku stated it plainly, “Nigeria is not a private enterprise to be leveraged at will. The future of our nation cannot be signed away in a matter of hours.”
He was right. That future is being mortgaged systematically, with institutional blessing. And the real scandal is that the one official who stood between the presidency and unlimited borrowing authority has been removed.
Between Tinubu, Akpabio and the man for whom the president holds out the federal hat, …Chagoury, it is party time at Aso Rock.
Now, Nigerians learn the truth, not because Edun is gone, but because of that “Anybody else?” glance around the room.
This moment is another reminder that, unlike every successful nation or endeavour, Nigeria is not run by rules or regulations, patriotism or principle.