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Recovered Diezani Loot to Be Spent on Rural Electrification – FG

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The Federal Government of Nigeria has announced that millions in recovered funds linked to former Petroleum Resources Minister Diezani Alison-Madueke will be used to fund rural electrification projects across Nigeria. The announcement followed the signing of an Asset Return Agreement between Nigeria and the United States, which enables the US to return nearly $52.9 million (€51.6 million) seized from the forfeiture of assets belonging to the former minister and her associates.

The agreement is significant in that it is the first repatriation of assets to Nigeria linked to Alison-Madueke. She was Nigeria’s oil minister from 2010 to 2015 and became the first female president of the oil alliance OPEC.

Nigerian Justice Minister Lateef Fagbemi said the recovered funds were an example of the countries’ unwavering commitment to fighting corruption. He added that “it also signifies the commitment of the United States of America to facilitating restitution and supporting integrity and accountability in governance.”

Lucrative contracts

In 2017, a civil complaint filed by the US Department of Justice requested the recovery of over $100 million (€97 million) in assets suspected of being obtained through bribes to the former minister for petroleum resources. The lawsuit alleged that between 2011 and 2015, two Nigerian businessmen conspired with others to bribe the former oil minister, who oversaw the country’s state-owned oil company NNPC Ltd. In return, the minister is said to have used her position in office to steer lucrative oil contracts to companies owned by the two businessmen.

According to court documents, proceeds from those illicitly obtained contracts were laundered through the United States and used to buy various assets via shell companies, including luxury properties in California and New York, as well as a 65-meter (214.5-foot) superyacht.

Alison-Madueke, who was Minister of Petroleum resources during the presidency of Goodluck Jonathan, has denied allegations of corruption. However, Nigeria’s anti–graft agency has obtained court orders to seize houses, cars and jewelry in Nigeria, which it claims were proceeds of corruption connected to the former minister and her associates, according to the Associated Press.

Corruption challenge

Despite a projected economic growth rate of 3.7% in 2024, according to the African Development Bank, most countries continue to grapple with extreme poverty. As of 2024, an estimated 464 million people in Sub-Saharan Africa alone live in extreme poverty, according to the World Bank. The economic situation is the result of decades of severe underfunding in critical public sectors, exacerbated by corruption and illicit financial flows which siphon public funds and resources away from citizens.

Nigeria is rife with corruption. A 2023 report by the country’s statistics agency, NBS, ranked corruption as the fourth-most significant problem affecting the country. Following shortly after, were other challenges including high living costs and rampant unemployment. In 2023 alone, about N721 billion (€451 million) was paid in cash bribes to public officials in the country.

Analysts are quick to point out that corruption could cost Nigeria up to 37 percent of its gross domestic product by 2030 if it is not adequately tackled.

Nigerian Justice Minister Lateef Fagbemi mentioned that diplomatic efforts such as the agreement between the United States and Nigeria highlight the “importance of international cooperation in addressing the global scourge of corruption, which is also linked to trans-border crimes.” He also pointed out that it “underscores the obligations and commitments enshrined in the United Nations Convention against Corruption (UNCAC) and the Proceeds of Crime (Recovery and Management) Act , which guide our collective efforts to ensure that stolen assets are returned and used for the benefit of our citizens.”

Funds bring light to rural communities

Nigeria has the world’s largest deficit when it comes to access to electricity, according to the World Bank, with 45% of Nigerians cut off from power. An even grimmer disparity exists between urban and rural areas. Only 26 percent of rural Nigeria is connected to the electricity grid.

Since President Bola Tinubu assumed office in May 2023, he has taken on various initiatives aimed at bridging the electricity gap and introducing economic activities in rural communities. Earlier last December, German President Frank-Walter Steinmeier made a state visit to Nigeria to bolster energy ties between the two countries.

Justice Minister Fagbemi said the recovered funds would be used to support rural electrification through the World Bank, with $50 million earmarked for improving access to renewable energy in Nigeria’s rural communities.

Fagbemi said the remaining nearly $2.9 million would be disbursed as a grant by Nigeria to the International Institute for Justice to support counterterrorism measures across Africa.

The justice minister said measures had been put in place to ensure that the returned funds are not only disbursed but also “utilized transparently and accountably by the World Bank and IIJ, with periodic reports to be forwarded to Nigeria and the US on the implementation of the projects.”

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Hardship: Nigeria Won’t Survive Fallout of Bad Leadership, Obasanjo Warns

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Former President Olusegun Obasanjo has fired his most direct warning yet to Nigeria’s political class: the country will not survive another generation of leadership failure.

Speaking during the 2026 Leadership Empowerment International Conference in Abeokuta at the weekend, Obasanjo declared that Nigeria’s crisis is no longer about identifying bad leadership — it is about the danger of tolerating it.

The two-day conference, themed “The Gravity of Leadership Failure & Correction Methodologies”, was organized by the Perspective Leadership Development Institute in collaboration with the Olusegun Obasanjo Leadership Institute. It holds in over 50 countries and is the brainchild of PLDI Founder, Prof. Olusesi Obateye.

But in Nigeria, Obasanjo turned it into a national diagnosis.

Without mentioning President Bola Ahmed Tinubu by name, the former President’s remarks landed squarely in the present. His target: an administration pushing controversial economic reforms amid widespread hardship, rising insecurity, and collapsing public trust.

Obasanjo’s core argument was blunt: Nigerians can no longer be sold promises while they pay with pain.

“A government may present itself as reformist, transformational or determined to rescue the country,” he said. “But if its decisions ultimately deepen hardship, weaken institutions, erode trust or leave citizens more vulnerable, the consequences become the more important measure of leadership.”

He took a swipe at governments that measure success by policies announced, projects commissioned, or reforms introduced— without accounting for what ordinary Nigerians feel in their pockets.

“Leadership failure in the ongoing circumstance should be judged by its consequences rather than by the intentions proclaimed at the beginning of tenure,” he stated.

The ex-President zeroed in on the human cost of current policies.

“The immediate effects of reforms and policies introduced by government have imposed considerable pressure on households and businesses,” Obasanjo noted, in an apparent reference to fuel subsidy removal, floating of the naira, and inflation.

He added: “And when the leader continues to say that hunger and hardship has been there before he was born, then that tells you clearly that there is leadership failure.”

For Obasanjo, that line is not an excuse. It is evidence.

He reminded current leaders that they will be judged not by what they inherited, but by what they leave behind.

“While it is admissible that governments frequently inherit serious problems from their predecessors, they also leave behind new consequences of their own decisions,” he said.

“The argument, therefore, is not merely about who created Nigeria’s problems. Good leadership is about who is responsible for solving them now.”

He warned that economic hardship, insecurity, institutional decay, and loss of hope are not abstract concepts. They are the direct bill paid by citizens for bad decisions at the top.

“Nigerian citizens cannot be asked indefinitely to endure pain on the promise of a better future,” Obasanjo declared. “This is where good leadership becomes critical.”

Obasanjo has long maintained that Nigeria does not lack resources or potential.

Its problem, he reiterated in Abeokuta, is the failure of those entrusted with power to convert possibilities into development.

“The fundamental danger is not merely that leaders can make mistakes,” he warned. “It is that leadership failure, when left unchecked, can impose consequences on an entire generation.”

Delivered in his hometown and at an institute bearing his name, Obasanjo’s message was both personal and national.

Nigeria’s problem, he said, has moved past diagnosis.

The question now is: Will we correct it before the consequences become irreversible?

As delegates from 50 countries watched, the elder statesman left no doubt where he stands: leadership is not about occupying office. It is about the capacity and willingness to use power responsibly, make difficult decisions in the public interest, and accept the consequences.

Anything less, he warned, and Nigeria may not survive it.

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Atiku, Obi Salute Adeleke on Re-election As Osun Gov

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Former Vice President Atiku Abubakar, and a former Governor of Anambra State, Peter Obi, have congratulated Governor Ademola Adeleke on his re-election in the Osun State governorship election.

The two opposition figures separately reacted to Adeleke’s victory in posts on their X accounts on Sunday, commending Osun voters and highlighting the significance of the election to Nigeria’s democracy.

Atiku described Adeleke’s victory as a reflection of the choice made by the people of Osun at the ballot box.

“I congratulate Governor Ademola Adeleke, @AAdeleke_01, on his re-election as Governor of Osun State. His victory demonstrates the choice of the people of Osun as expressed at the ballot box,” Atiku said.

He also commended the electorate for what he described as their passion and peaceful participation in the election, while wishing Adeleke success in his second term.

“I commend the people for their passion and peaceful participation. I wish Governor Adeleke continued success as he continues to serve them,” he added.

Obi, in his reaction, titled “Osun: When the People Stand, Democracy Wins,” also congratulated Adeleke and the people of the state.

He said the election had demonstrated the power of citizens to determine their leaders, adding that Adeleke’s performance and commitment to the people had earned him renewed confidence from the electorate.

Obi particularly praised young voters in Osun for what he described as their vigilance in protecting their democratic mandate.

“The lesson from Osun is clear: democracy is strongest when citizens are alert, conscious of their civic responsibility, and determined to ensure that their votes count,” he said.

The former presidential candidate also used the occasion to urge Nigerians to remain actively involved in the democratic process ahead of the 2027 general elections.

He called on citizens to register, vote and protect their ballots, arguing that Nigerians experiencing hardship, insecurity and deprivation possess the power to demand change through the ballot box.

Obi further urged political actors to prioritise the interests of Nigerians and embrace peace and the rule of law.

“Elections should never be battles of violence, but contests of ideas, competence, character, and service,” he said.

INEC declared Adeleke the winner of the Osun governorship election after he polled 511, 067 votes to defeat his closest challenger, Bola Oyebamiji of the All Progressives Congress, who secured 444, 815 votes.

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Adeleke Wins Reelection As Osun Governor

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By Eric Elezuo

Governor Ademola Adeleke of Osun State has won state’s governorship election. The result was announced by the Returning Officer of the Osun State governorship election, Prof Joshua Olalekan Ogunwale.

The governor polled a total of 511, 067 votes to defeat his closest rival, Bola Oyebamiji of the All Progressives Congress (APC), who score 444, 815 votes. The African Democratic Congress (ADC), Salaam Najid (Iwaloye), came a distant third with 17, 180 votes

Adeleke took an early lead as results uploaded by the Independent National Electoral Commission (INEC) showed him establishing a commanding lead over his closest challenger, and sustained the lead till the final counting

As at 2.06 a.m. on Sunday, INEC had uploaded results from 3,612 polling units, representing 95.99 per cent of the 3,763 polling units in the state, to its Result Viewing Portal (IReV).
With results from only 151 polling units yet to be uploaded, Adeleke, candidate of the Accord Party, had polled 509,057 votes, representing 51.7 per cent of the votes available on IReV.

The emerging outcome came despite a formidable APC campaign effort that drew about 10 governors and leading figures of the ruling party to Osun to canvass support for Oyebamiji.

Eecall that the Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas were among senior APC figures who stormed Osun, and campaigned for the party’s candidate.

Governors who joined the campaign included Hope Uzodimma of Imo State, Monday Okpebholo of Edo State, Usman Ododo of Kogi State, AbdulRahman AbdulRazaq of Kwara State, Babajide Sanwo-Olu of Lagos State, Biodun Oyebanji of Ekiti State, Dapo Abiodun of Ogun State, Mai Mala Buni of Yobe State and Lucky Aiyedatiwa of Ondo State. Delta State Governor Sheriff Oborevwori was represented by his deputy, Monday Onyeme.

By this victory, Adeleke is expected to pilot the affairs of the state for the next four years, till 2031.

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