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Country of Particular Concern/Invasion Threat: We’ll Defeat Terrorism, Tinubu Vows
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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
Headlines
Wike Begins Money-for-Vote Campaign, Dangles N10m Bounty for Abuja Councillors to Reelect Tinubu
Minister of the Federal Capital Territory, Nyesom Wike, has introduced what observers view as a novel dimension to Nigeria’s electoral process as he sensationally promised a N10 million cash reward to every councillor who “delivers” his ward for President Bola Tinubu and All Progressives Congress candidates at the 2027 general election.
Wike made the declaration at a Rainbow Coalition stakeholders’ meeting in Kwali Area Council, attended by traditional rulers, political stakeholders and residents.
The minister, according to Channels TV, urged councillors to mobilise residents and community groups to guarantee victory for the APC in their wards, attaching a price tag to electoral success.
“Any councillor that delivers his ward will get N10 million reward. Therefore, go and meet your leaders, go and meet your youth groups, go and consult with associations. Let’s deliver our ward to Mr President,” Wike reportedly announced.
The statement has triggered concerns over vote-buying, inducement of grassroots officials and the weaponisation of public office to compromise the 2027 polls.
Critics argue that dangling N10 million per ward to elected councillors blurs the line between legitimate mobilisation and financial inducement, reducing the election to a transactional contest where delivery is rewarded in cash.
With months to the general elections, the promise raises fresh questions about whether the will of voters will count, or whether wards will be delivered through coercion, compromise and cash.
Observers warn that when councillors – the closest elected officials to the people – are placed on a bounty, the stage is set for intimidation of opponents, manipulation of results and rigging at the polling unit level.
The development is being seen as part of a growing pattern of desperation within the political class to secure victory at all costs, even if it means monetising the electoral process and compromising its integrity before the first ballot is cast.
The National Chairman of All Progressives Congress (APC), Professor Nentawe Yilwatda, has declined to endorse Senate President, Godswill Akpabio, for another term as head of the National Assembly ahead of the 2027 general elections.
Yilwadta said he has no preferred candidate for the position, insisting that the decision would rest entirely with senators elected into the next National Assembly.
He made the remarks on Monday during an appearance on Channels Television’s Politics Today programme.
Asked whether the APC would return Akpabio as Senate President if he wins re-election, Yilwatda responded: “Let’s wait for the election first. I don’t have anybody in mind. The Senate will determine who they want to make the Senate President.”
His response comes despite growing support for Akpabio’s bid to retain the position beyond the current legislative term.
In October, senators publicly backed Akpabio’s return as President of the 11th Senate, with some lawmakers declaring that there would be no vacancy in the position.
Akpabio, who has led the Senate since June 2023, is seeking another term in the National Assembly.
However, Yilwatda’s remarks suggest that the APC leadership is not publicly committing itself to any candidate for the Senate presidency before the elections.
The Senate President is elected by members of the upper legislative chamber, meaning Akpabio would still need the support of his colleagues to retain the position even if he wins re-election.
During the same interview, Yilwatda also defended President Bola Tinubu’s physical fitness ahead of the 2027 presidential election and accused opposition parties of relying on blackmail during political campaigns.
The Senator representing Anambra Central, Victor Umeh, has warned Governor Chukwuma Soludo not to commit treachery against the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, in the name of politics.
Umeh pointedly warned Soludo that his unwarranted attacks on Peter Obi would lead to a fight.
The lawmaker issued the warning while speaking at an unnamed gathering in the State, which was captured in a viral video.
Umeh unapologetically said any Igbo person who refuses to vote for Obi is an enemy of the race.
“People are saying that we have to support another person; if we do that, we are destroying ourselves. I’m an Igbo activist, and you can hear my voice in the Senate on all issues of national importance and particularly those that affect the Igbo.
“Peter is our conscience in this election. Any Igbo man who stands up to say we will not vote for Peter Obi is an enemy of the Igbo people, no matter who the person is.
“Nobody can try it here; I have been hearing a lot of things going on in this State. This government; I helped in installing it; nobody came here to be Governor of Anambra State since 2003 without my input. This one that his serving; I was a principal contributor to his ascending that office; he is holding that office in trust for all of us.
“Anything he does in that office, he must discharge it with honour and nobility, and it’s not by sabotaging our own brother.
“I’m saying it so that anybody who sees him can tell me that we don’t want to fight, but he should not commit what is called an abomination by wanting to destroy his brother in the name of politics.
“Nobody on the side is saying support Peter Obi. Everybody on the other side is saying support Tinubu. But we are saying let us stand for the truth. Peter Obi; this is the time, and if he makes it, the Igbo have made it.”
