Headlines
Air Force Denies Paying Bandits N20m to Spare Buhari’s Plane
The Nigeria Air Force (NAF) has denied reports that it paid bandits in the North West zone the sum of N20miilion to dissuade them from shooting down President Muhammadu Buhari’s plane.
The story of the alleged payment of N20million, which has circulated largely on social media, was attributed to a foreign news outlet.
According to the report, the deal was brokered as President Muhammadu Buhari was planning a trip to his home State of Katsina.
The story further claimed that the N20 million was delivered to the bandits in Rugu Forest by a Nigerian Air Force official, who leaked details of the operation under anonymity, because the military realised that it would be too risky to leave the seized weapon in the hands of violent criminals operating in an area the presidential jet would fly over.
The rugged, lawless jungle that covers parts of Kaduna, Zamfara and the president’s home state of Katsina has served as a vast haven for bandits terrorising Nigeria’s northwestern communities. A large portion of kidnapping plots emanates or terminates in or around the forest, security agencies have previously warned.
“The mission to buy back the antiaircraft gun began with a handoff from a high-ranking air force intelligence officer in the capital Abuja: a black zip-up bag he said was full of 20 million Nigerian naira,” the report further claimed, after stating that such military hardware in the hands of bandits “posed a threat to President Muhammadu Buhari, who had been planning to fly to his hometown about 80 miles away.”
The gun truck with 12.7 caliber anti-aircraft fire was allegedly disassembled and transported back to the military on motorbikes after the deal was concluded.
However, the NAF, in a statement on Sunday by the Director of Public Relations and Information, Air Commodore Edward Gabkwet, dismissed the report as false.
The NAF statement read:
“The attention of the Nigerian Air Force (NAF) has been drawn to news reports circulating on some media platforms alleging that the NAF, through one of its personnel, paid the sum of N20 Million to armed bandits operating in Jibia Local Government Area (LGA) of Katsina State in exchange for an anti-aircraft gun allegedly seized. The report went on to state that the reason behind the payment was to retrieve the anti-aircraft gun which, it alleged, the NAF feared could be used against aircraft operating within Katsina State.
“The NAF wishes to categorically state that there is absolutely no iota of truth in the spurious allegation that was undoubtedly designed to cast aspersions on the good image of the Service. The said report is totally false. It should therefore be taken as fake news and disregarded.
Indeed, we ordinarily would not have responded to such baseless and utterly illogical allegation but for the need to set the record straight as well as reaffirm the NAF’s unflinching commitment to decisively dealing with the armed bandits and all other criminal elements in the country in partnership with other services of the Armed Forces and other security Agencies.
“For the avoidance of doubt, it must be stated that there is no basis for the NAF to pay bandits or any criminal elements that it has continued to attack and decimate in Katsina State, other parts of the North-West as well as other Theatres of Operation in the Country.
Indeed, as recent as12 October 2021 , NAF aircraft conducted 5 missions in the Jibia general area and engaged targets with rockets and cannons at Bala Wuta bandits’ locations in Kadaoji. Similar successes were recorded at Fakai Dutsin Anfare, an area in Jibia LGA known for its high incidences of bandits’ activities. The false reportage therefore, begs the question as to why the NAF would negotiate for a weapon allegedly seized and still carry out air interdiction missions on the same bandits and their strongholds.
“The NAF is of the view that, this latest false report could be a part of a campaign to further the cause of insecurity in Nigeria by elements who see the NAF as a threat following series of successful exploits in operations against criminal gangs.
“Perhaps, this provides an avenue for the NAF to yet again appeal to members of the media, both local and international, as well as social media, to be circumspect in their reportage and endeavour to always verify their facts before going public. The public is enjoined to disregard the falsehood emanating from some sections of the social and mainstream media. The NAF also uses this opportunity to call on citizens to continue to cooperate with security agencies as efforts are ongoing to rid the entire Nation of criminals and their activities.
“On our part, the NAF, as a professional and disciplined force, will not in any way be discouraged from carrying out its mandate to rid the entire North-West Nigeria of banditry and other forms of criminality. We remain resolute in performing our function and will continue to work in synergy with other sister Services and security agencies to rid the country of all criminal elements.
“Kindly bring this information to the awareness of the general public,” the statement concluded.
Headlines
Trump Signs Spending Bill to End Longest Government Shutdown
US President Donald Trump has signed a federal spending bill, officially ending the longest government shutdown in American history.
The legislation, passed by the House of Representatives in a 222–209 vote, followed narrow approval in the Senate just two days earlier. The bill restores funding to federal agencies after 43 days of closure, bringing relief to millions of government employees and citizens affected by halted services.
Speaking after signing the measure on Wednesday night, Trump described the deal as a political victory, asserting that Democrats unnecessarily prolonged the shutdown.
“They didn’t want to do it the easy way. They had to do it the hard way, and they look very bad,” he said.
The temporary funding bill maintains government operations only through 30 January, creating a new deadline for lawmakers to negotiate a long-term budget solution.
As part of the agreement, Senate leaders committed to an early December vote on Obamacare subsidies, a key priority for Democrats during the shutdown standoff.
In addition to reopening federal offices, the bill provides full-year funding for the Department of Agriculture, military construction projects, and several legislative branch offices.
It also ensures retroactive pay for federal workers affected by the shutdown and allocates funding to the Supplemental Nutrition Assistance Program, SNAP, which helps about one in eight Americans access food.
The shutdown, which began in October, forced the suspension of many government services, leaving an estimated 1.4 million federal employees either furloughed or working without pay. It also disrupted food assistance programmes and caused widespread delays in domestic air travel.
With federal operations now resumed, attention in Washington has turned to whether Congress and the White House can reach a longer-term funding agreement before the new deadline at the end of January.
Headlines
FG Halts Planned 15% Import Duty on Diesel, Petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Thursday, announced discontinuation of the planned 15 per cent duty on imported petroleum products.
NMDPRA’s Director, Public Affairs Department, George Ene-Ita, conveyed the development in a statement while warning the public to shun panic buying.
President Bola Tinubu, on October 29, approved an import tariff on petrol and diesel, a policy expected to raise the landing cost of imported fuel.
The President’s approval was conveyed in a letter signed by his Private Secretary, Damilotun Aderemi, following a proposal submitted by the Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji.
The proposal sought the application of a 15 per cent duty on the cost, insurance, and freight value of imported petrol and diesel to align import costs with domestic market realities.
Implementation was slated to take effect on November 21, 2025.
The policy aimed to protect and promote local refineries like the Dangote Refinery and modular plants by making imported fuel more expensive.
While intended to boost local production, it is also expected to increase fuel costs, which could lead to higher inflation and transportation prices for consumers.
Experts have argued that the move could translate into higher pump prices for consumers, with some estimating an increase of up to N150 per litre or more.
In an update, however, NMDPRA said the government was no longer considering going ahead with implementing the petrol import duty.
“It should also be noted that the implementation of the 15% ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer in View,” the statement read in part.
Meanwhile, the NMDPRA also assured all that there is an adequate supply of petroleum products in the country, within the acceptable national sufficiency threshold, during this peak demand period.
“There is a robust domestic supply of petroleum products (AGO, PMS, LPG, etc) sourced from both local refineries and importation to ensure timely replenishment of stocks at storage depots and retail stations during this period.
“The Authority wishes to use this opportunity to advise against any hoarding, panic buying or non-market reflective escalation of prices of petroleum products.
“The Authority will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply and distribution of petroleum products across the country, especially during this peak demand period.
“While appreciating the continued efforts of all stakeholders in the midstream and downstream value chain in ensuring a smooth and uninterrupted supply and distribution, the public is hereby assured of NMDPRA’s commitment to guarantee energy security,” the statement added.
Headlines
Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit
The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.
The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.
The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.
This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).
In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.
President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.
The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.






