Headlines
Country of Particular Concern/Invasion Threat: We’ll Defeat Terrorism, Tinubu Vows
President Bola Tinubu, on Thursday in Abuja, stated that Nigeria remains on a steady growth trajectory, with more promise of stability and prosperity as economic reforms continue to yield results and gain national and international acceptance.
The President spoke at the Federal Executive Council after the swearing-in of two ministers, Dr Bernard Mohammed Doro, and Dr Kingsley Tochukwu Udeh (SAN). Doro will manage the Ministry of Humanitarian Affairs and Poverty Reduction, while Udeh will oversee the Ministry of Innovation, Science and Technology.
On the current state of the economy and the relationship between Nigeria and the United States, President Tinubu assured that the Federal Government was engaging with the world diplomatically.
“The most important thing is the fact that despite the political headwinds and the fear of our people, we will continue to engage with partners.
“The success of the $2.3 billion eurobond that was oversubscribed by 400% is the most assuring. So, the task ahead is immense; we are engaging the world diplomatically, and we assure all of you that we will defeat terrorism in this country.
“The task ahead is immense, but it is our resolve to move forward with unity and purpose, guided by the Renewed Hope Agenda to build a prosperous, inclusive and resilient Nigeria.”
On the security challenges facing the country, President Tinubu, as the Commander-in-Chief of the Armed Forces, charged Nigerians not to succumb to despair, assuring that the government will defeat every form of terrorism and secure every part of the country.
He called Ministers and other officials to ensure consistency in communication and avoid discordant messaging.
“Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism. We will overcome the CPC designation. Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society. We want our friends to help us as we step up our fight against terrorism, and we will eliminate it,” President Tinubu assured.
During the cabinet meeting, President Tinubu, who directed Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to brief the Council on the nation’s economic performance, stated that the government will continue to sustain and consolidate the gains.
Earlier in his address, the Minister of Finance and Coordinating Minister of the Economy noted that the macroeconomic indicators showed the economy had picked up, with one of the best results in the last decade.
Edun said: “The reforms that have been taken under your Renewed Hope Agenda, so bold and sometimes unpopular, are rooted in a clear objective to build a competitive economy that attracts, creates jobs and lifts millions out of poverty.
“In Q2 2025, Nigeria’s GDP grew by 4.23%, the highest in a decade, outside the COVID rebound. Thirteen sectors recorded growth above 7% up from nine sectors in the previous quarter.
“The industrial sector nearly doubled its growth from 3.72% to 7.45%, reflecting rising productivity and investor confidence. Inflation eased to 18.02% in September 2025. As we know, foreign exchange reserves topped $43 billion, and our trade surplus reached N7.4 trillion.
“Clear examples of macroeconomic stability, as the consumer spending basket published earlier this year shows, our citizens now spend maybe about half of the income on basic needs, food, shelter and clothing, as compared with almost 90% previously.
“This signals a country moving from subsistence towards productivity and indeed affluence.”
The minister said the vision of reaching a one trillion dollar economy by 2030 was achievable by pursuing a 7% annual growth and a commitment to ending poverty as a moral imperative.
“Nigeria’s removal from the Financial Action Task Force Grey List marks a major milestone in strengthening our financial integrity and confidence.
“At the recent World Bank/IMF annual meetings, global leaders commended our reforms, our progress and the revised IMF growth forecast of up to nearly 4% and improved credit ratings,” the minister added.
He said there was an urgency to mobilise domestic resources and provide investment to finance infrastructure, as well as drive sustainability and job-rich growth.
Yesterday’s hugely successful $2.35 billion Eurobond issuance, in which the order book peaked at over $13 billion, is a testament to continued investor confidence in our country, our reform agenda and Mr President’s leadership.
“Despite the political headwinds which we are all aware of, the market shrugged off those political considerations and focused on the economic fundamentals of Nigeria” he stated.
For greater inclusivity, Edun urged ministers overseeing sectors such as infrastructure, mining, education, health, agriculture, the blue economy, digital innovation, arts, and culture to collaborate with sub-national governments to identify and package projects that meet investor expectations.
“Every Naira must be optimised to sustain momentum amid global liquidity constraints. Where there is less funding from multilateral institutions, we must rely on our own resources. The next phase of reforms will remove barriers holding back investors. We will review tariffs and import restrictions to stimulate productivity and investment,” he said.
Courtesy: State House, Abuja
Iran’s military, on Saturday, declared the Strait of Hormuz closed again, hours after reopening it and with more than a dozen commercial ships passing through the vital waterway.
The toing and froing over the strait cast doubt on US President Donald Trump’s optimism the day before, that a peace deal to end the US-Israeli war with Iran was “very close”.
Tehran had on Friday declared the strait, which usually carries a fifth of the world’s oil and liquefied natural gas, open on Friday after a ceasefire was agreed in Lebanon to halt Israel’s war with Hezbollah.
That prompted elation in global markets and sent oil prices plunging, but with Trump insisting that a US naval blockade of Iranian ports would continue until a deal was concluded, Tehran threatened to shutter the strait once more.
Then, late on Saturday morning, citing a statement from military central command, Iranian state TV reported that “control of the Strait of Hormuz has returned to its previous status” and “is under strict management and control of the armed forces”, blaming the continued US blockade.
The announcement came as maritime tracking sites showed several ships making a dash through the narrow waterway, hugging close to Iranian territorial waters as instructed by Tehran and, for some, broadcasting their identity as Indian or Chinese in an apparent attempt to show their neutrality.
The same sites showed that late on Friday, a number of ships began heading for the strait before suddenly turning back amid the uncertainty.
By 0900 GMT on Saturday, several ships had fully transited the strait in both directions, but at least two tankers headed eastwards from the Gulf towards India after loading in UAE ports appeared to have turned around and aborted their journeys.
There are just four days remaining before the end of the two-week ceasefire in the US-Israeli war with Iran, launched by Washington and its ally on February 28.
Nevertheless, President Trump appeared convinced that a deal could be finished shortly.
He declared Friday “GREAT AND BRILLIANT,” and made a series of social media posts praising talks mediator Pakistan.
Islamabad’s powerful military chief, Field Marshal Asim Munir, on Saturday finished a three-day visit to Iran aimed at securing the peace deal, during which he met Iran’s top leadership.
While Munir was in Iran, Pakistani Prime Minister Shehbaz Sharif visited Saudi Arabia, Qatar and Turkey to push the peace process.
Islamabad has emerged as the lead mediator during the conflict, hosting a marathon round of direct peace talks last weekend attended by US Vice President JD Vance.
A second round of talks is expected in the Pakistani capital this coming week, with envoys hoping to end the war that was started by the US and Israel on February 28.
The allies launched a massive wave of surprise attacks on Iran, despite Washington and Tehran being engaged in diplomatic talks, that killed Iranian supreme leader Ali Khamenei and numerous senior leaders.
The war rapidly spread across the region, with Iran targeting US interests in the Gulf and Hezbollah dragging Lebanon into the conflict by launching rockets at Israel.
In a sign that the two-week ceasefire remained stable, Iran’s civil aviation agency declared its airspace was open again, with international flights able to transit Iran via the east of the country.
Nevertheless, two major sticking points in the peace talks — Iran’s stockpile of near-weapons-grade enriched uranium and the future of the Strait of Hormuz — appeared up in the air.
Speaking by phone with AFP on Friday, Trump said “we’re very close to having a deal,” adding that there were “no sticking points at all” left with Tehran.
Later the same day, at an event in Arizona, the president declared that Iran had agreed to hand over its 440 or so kilogrammes of uranium enriched to 60 percent — close to that needed for a bomb.
“We’re going to get it by going in with Iran, with lots of excavators,” he said.
But hours before, Iran’s foreign ministry had said its stockpile, thought to be buried deep under rubble by US bombing in last June’s 12-day war, was not going anywhere.
“Iran’s enriched uranium is not going to be transferred anywhere,” Iranian foreign ministry spokesman Esmaeil Baqaei told state TV.
“Transfer of Iran’s enriched uranium to the US has never been raised in negotiations.”
Ordinary Iranians, meanwhile, remained cut off from the international internet, with monitor netblocks announcing on Saturday that the blackout implemented at the start of the war had reached its 50th day.
AFP
Veteran journalist and chieftain of the African Democratic Congress (ADC), Chief Dele Momodu, has declared that a joint presidential ticket between Atiku Abubakar and Peter Obi represents the strongest strategy for the opposition to defeat the ruling All Progressives Congress in the 2027 general elections.
Speaking on Politics Today on Channels Television, Momodu said the emerging ADC coalition is gaining momentum as a credible alternative to President Bola Tinubu’s administration, which he accused of promoting “one-man rule” and weakening democratic institutions.
Momodu argued that an Atiku–Obi ticket offers both experience and electoral appeal, noting that both politicians already command significant national followings from previous elections. He recalled their collaboration in 2019, adding that Obi’s performance in the 2023 presidential election provides a ready base of supporters that can be consolidated.
According to him, the coalition is further strengthened by the involvement of political heavyweights such as Rabiu Kwankwaso and Rotimi Amaechi, making it a formidable opposition alliance.
“The candidates who placed second, third, and even fourth are aligning. That naturally builds a strong challenge,” Momodu said, suggesting that this development could unsettle the APC ahead of 2027.
He also accused the Tinubu administration of centralising power and undermining democratic processes, claiming that key institutions—including the legislature and electoral system—are increasingly influenced by the executive arm of government. He warned that such a trend poses risks to Nigeria’s democracy.
Momodu further alleged that opposition parties face systemic obstacles, including difficulties in accessing venues, legal pressures, and institutional interference. He argued that these challenges have made opposition unity not just strategic, but necessary.
Dismissing concerns about possible cracks within the ADC coalition, Momodu described such fears as speculative, insisting that current political realities have effectively forced major opposition figures to work together.
The Supreme Court has scheduled hearing for April 22 in the appeal filed by the National Chairman of the African Democratic Congress (ADC), Senator David Mark, in relation to the leadership dispute in the party.
Mark’s appeal is against the March 12 judgment of the Court of Appeal, which dismissed his appeal against the September 4, 2025 ruling by Justice Emeka Nwite of the Federal High Court in Abuja refusing to grant some injunctive reliefs contained in an ex-parte application filed by a chieftain of the party, Nafiu Bala Gombe.
A five-member panel of the Supreme Court, led by Justice Mohammed Garba chose the date on Tuesday after granting accelerated hearing in the appeal marked: SC/CV/180/2026.
The court ordered Mark’s lawyer, Jibril Okutepa (SAN) to file the appellant’s brief and serve on Wednesday.
It ordered the respondents to each file and serve on the appellant, a respondent’s brief within three days of being served with the appellant’s brief.
The appellant, according to the court, is to file a reply brief, if needs be, within one day of being served with the respondents’ briefs.
