Headlines
Kalu, Ibori, Uduaghan, Others Were Awarded NDDC Projects, Says Akpabio
The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has linked two former governors of Delta State, Messrs James Ibori and Emmanuel Uduaghan, to the various contracts awarded by the Niger Delta Development Commission.
Others on the lists submitted to the Speaker, House of Representatives, Femi Gbajabiamila, on July 23 by Akpabio are the Chief Whip of the Senate, Senator Orji Uzor Kalu, and Senator Ifeanyi Ararume, among others.
The letter, which was also copied to the office of the Attorney General of the Federation/Minister of Justice, was addressed to the Clerk to the House, Mr Patrick Giwa, with Reference Number MNDA/HM/04/IV/158.
It was titled, ‘Some Niger Delta Development Commission Contracts Allegedly Given to Some Members of the National Assembly (Senate and House of Representatives).’
The emergency repairs projects linked to them, according to the document, obtained by our correspondent, were awarded in 2018 at a cost which range from N400m and N560m each.
One of the projects linked to Ibori, was the emergency repairs of Onoghove community road from Ajanesan to Western Delta University at a cost of N485.7m.
Uduaghan was linked to the emergency repairs of Close B, Alhaji Estate & Environs, Rumuodomaya, Port Harcourt at a cost of N429m.
Five projects were linked to Kalu, who was simply identified in the document as OUK-Kalu (the project source).
The emergency repairs on roads projects linked to Kalu are in Abia State and the costs ranged from N517m to N560m.
The details are Emergency repairs of Ezere-Acha-Ndiokoukwu Road (N517.9m) and repairs of Amaubiri-Eluama-Uru Ring Road, Lokpaukwu, Umuchieze (N560m).
Others linked to Kalu are Ndi Oji Abam-Atan Road (N523.7m), Okafia-Ozuitem-Bende road (508m), and the Ozu-Amuru-Abam Road at the cost of N523.4m.
The cost of the 12 projects linked to Senator Ifeanyi Ararume, located in Imo and Rivers states, were not indicated in the documents.
The NDDC document, however, listed some of the projects to include, emergency repairs of Umuelemai-Aba branch road, Anara-Okwelle-Umuna Road, Okpara-Road junction-Ogili Community all in Imo State.
The Punch
Headlines
Venezuelan President Maduro Captured, Flown out of Venezuela, Says US President Trump
President Trump said in a Truth Social post early Saturday morning that Venezuelan President Nicolas Maduro and his wife were “captured and flown out of the Country,” as he confirmed U.S. military strikes in Venezuela.
The capture, according to the post, followed a barage of attacks by United States.
“The United States of America has successfully carried out a large scale strike against Venezuela and its leader,” Mr. Trump wrote. He said U.S. law enforcement was involved, but he didn’t specify how or which agencies.
Maduro was indicted in an American court for alleged narcoterrorism in 2020.
Mr. Trump said more details will be offered in a press conference at 11 a.m. ET at Mar-a-Lago.
The full post reads:
“The United States of America has successfully carried out a large scale strike against Venezuela and its leader, President Nicolas Maduro, who has been, along with his wife, captured and flown out of the Country.
“This operation was done in conjunction with U.S. Law Enforcement. Details to follow. There will be a News Conference today at 11 A.M., at Mar-a-Lago. Thank you for your attention to this matter!”
Headlines
I’ll Withdraw My Support If Peter Obi Accepts to Be Vice Presidential Candidate – Utomi
Political economist, Prof. Pat Utomi, has stated that if the former Governor of Anambra State, Peter Obi, decides to run as someone’s vice-presidential candidate, he will immediately stop supporting him.
Speaking on Channels Television’s Politics Today on Thursday, Prof. Utomi assured that the 2023 presidential candidate of the Labour Party will contest for the presidency in 2027, following his formal defection to the African Democratic Congress (ADC) on Wednesday.
“I can tell you that Peter Obi will contest for the presidency. The day he becomes somebody’s vice president, I walk away from his corner. I can tell you that for a fact,” Prof. Utomi said on the programme.
In the same interview, Prof. Utomi also made a case for limiting presidential and gubernatorial candidates to Nigerians aged 70 and below.
He lamented that the Nigerian presidency has increasingly become a “retirement home,” criticising both former President Muhammadu Buhari’s and President Bola Tinubu’s administrations as “government in absentia.”
“Something important about this election to bear in mind is that the Nigerian presidency has become a retirement home where people go for the Nigerian state to pay their medical bills. It is not acceptable. They don’t have the fitness to run the country. The last one, and the current one, have essentially been government-in-absentia leaders.”
“I, Pat Utomi, am insisting that I will canvass to the Nigerian people that nobody over the age of 70 should run for an executive position, whether it be governor or president,” he concluded.
Rescue mission
Obi, who came third in the 2023 presidential election with over 6 million votes, officially announced his defection to the African Democratic Congress (ADC) in Enugu on Wednesday.
In his speech at the event, Obi said his move to the ADC marks the beginning of a journey to rescue the country from the ruling All Progressives Congress (APC).
“Today is an important day; today is the last day of 2025, so we are ending this year with the hope that, in 2026, we will begin a journey to rescue our country and set it on the path of proper socio-economic development that will be unifying and inclusive,” Obi stated.
He added: “We have all watched as those who benefited from our democracy have, over time, become accessories to destroying it—either through coercion or gangsterism against the opposition. We cannot allow this to happen; we will resist it.”
Headlines
2026: Tinubu Pledges Inclusive Growth, Improved Security in New Year Message
President Bola Tinubu has assured Nigerians that 2026 will be a more prosperous year for all.
Tinubu stated this in his New Year message on Thursday, adding that his administration would sustain the momentum on its major reforms.
“During 2025, we sustained the momentum on our major reforms. We had a fiscal reset and also recorded steady economic progress.
“Despite persistent global economic headwinds, we recorded tangible and measurable gains, particularly in the economy.
“These achievements reaffirm our belief that the difficult but necessary reforms we embarked upon are moving us in the right direction with more concrete results on the horizon for the ordinary Nigerian,” the President said in the statement he personally signed.
Consolidating gains
Tinubu said that the focus in 2026 would be on consolidating the gains and continuing to build a resilient, sustainable, inclusive, and growth-oriented economy.
According to him, Nigeria closed 2025 on a strong note, as despite the policies to fight inflation, it recorded a robust GDP growth each quarter, with annualised growth expected to exceed four per cent for the year.
Tinubu explained that the nation maintained trade surpluses and achieved greater exchange rate stability while inflation declined steadily and reached below 15 per cent, in line with his administration’s target.
“In 2026, we are determined to reduce inflation further and ensure that the benefits of reform reach every Nigerian household. In 2025, the Nigerian Stock Exchange outperformed its peers, posting a robust 48.12 per cent gain and consolidating its bullish run that began in the second half of 2023.
“Supported by sound monetary policy management, our foreign reserves stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks for the Naira. We expect this position to strengthen further in the New Year,” he said.
“Foreign direct investment is also responding positively. In the third quarter of 2025, FDI rose to $720 million, up from $90 million in the preceding quarter, reflecting renewed investor confidence in Nigeria’s economic direction, which global credit rating agencies, including Moody’s, Fitch, and Standard & Poor’s, have consistently affirmed and applauded,” Tinubu added.
Tax reforms
The President further assured that with patience, fiscal discipline, and unity of purpose, Nigeria would emerge in 2026 stronger and better positioned for sustained growth.
According to him, as inflation and interest rates moderate, his administration expects increased fiscal space for productive investment in infrastructure and human capital development.
“We are also confronting the challenge of multiple taxation across all tiers of government. I commend states that have aligned with the national tax harmonisation agenda by adopting harmonised tax laws to reduce the excessive burden of taxes, levies, and fees on our people and on basic consumption.
“The new year marks a critical phase in implementing our tax reforms, designed to build a fair, competitive, and robust fiscal foundation for Nigeria.
“By harmonising our tax system, we aim to raise revenue sustainably, address fiscal distortions and strengthen our capacity to finance infrastructure and social investments that will deliver shared prosperity,” he added.
National security
Tinubu said that though the path of reform is never easy, his administration remains mindful that economic progress must be accompanied by security and peace.
“Our nation continues to confront security threats from criminal and terrorist elements determined to disrupt our way of life. In collaboration with international partners, including the United States, decisive actions were taken against terrorist targets in parts of the Northwest on December 24.
“Our Armed Forces have since sustained operations against terror networks and criminal strongholds across the Northwest and Northeast,” he said.
But the President stated that in 2026, Nigeria’s security and intelligence agencies would deepen cooperation with regional and global partners to eliminate all threats to national security.
“We remain committed to protecting lives, property, and the territorial integrity of our country.
“I continue to believe that a decentralised policing system with appropriate safeguards, complemented by properly regulated forest guards, all anchored on accountability, is critical to effectively addressing terrorism, banditry, and related security challenges,” he added.
Investments in infrastructure
The New Year marks the beginning of a more robust phase of economic growth, with tangible improvements in the lives of our people.
Tinubu also said that his government would accelerate the implementation of the Renewed Hope Ward Development Programme, aiming to bring at least 10 million Nigerians into productive economic activity by empowering at least 1,000 people in each of the 8,809 wards across the country.
“Through agriculture, trade, food processing, and mining, we will stimulate local economies and expand grassroots opportunities.
“We will also continue to invest in modernising Nigeria’s infrastructure – roads, power, ports, railways, airports, pipelines, healthcare, education, and agriculture to strengthen food security and improve quality of life. All ongoing projects will continue without interruption,” he said.
He, however, urged Nigerians to play their part to achieve the objectives in 2026 by standing together in unity and purpose, upholding patriotism, and serving the country with honour and integrity in their respective roles.
Let us resolve to be better citizens, better neighbours, and better stewards of our nation.






