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Tinubu Denies Certified US Court Documents on Drug Indictment
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The presidential candidate of the ruling All Progressives Congress (APC), Bola Tinubu, has reacted to the certified judgment documents released by the Chicago, US court, where he was indicted of drug dealings and money laundering in 1993.
The certified US court judgment documents surfaced and have been making the rounds on the internet since Tuesday, showing that a US District Court indicted the former Lagos State governor for drug dealings and money laundering.
The certified court documents indicated that Tinubu was a drug lord who entered a plea bargain in which he voluntarily agreed to forfeit his assets to American authorities in 1993 instead of going to trial.
Reacting to the circulation of the documents, the spokesman of the APC presidential campaign, Bayo Onanuga, on Wednesday described the documents in circulation as a “campaign of calumny” adding that “The Muckrakers are back in business.”
Onanuga on his Facebook page wrote, “The Muckrakers back in business.
“The Tinubu traducers on Tuesday returned to their usual campaign of calumny, this time waking up the carcass of a drug allegation in America that was buried in 1993.
“Long after the campaign failed in 2003, it resurfaced weeks to the primary election of the All Progressives Congress. The opponents thought it was lethal enough to make the APC disqualify Tinubu from the race.
“It failed spectacularly and Tinubu went on to win the primary with a landslide. The muckrakers are back again with the same story, dressed as ‘certified true copy’ from the U.S. Court.
“The campaign’s media and publicity director, Bayo Onanuga had perused the new document and dismissed it as the same old tale. It is as dead as a dodo”, Onanuga told a news medium on Tuesday and made reference to a section of the campaign’s FAQ’s manual.
“One of the unconscionable and wicked lies peddled by political opponents about Bola Ahmed Tinubu was to paint him erroneously as a drug baron.
“The accusation arose out of an investigation by FBI agent Kevin Moss of Tinubu and Compass Investment and Finance accounts at First Heritage Bank and Citi- Bank in the U.S.
“On January 10, 1992, Mr Kevin Moss requested and obtained a court order to freeze the accounts.
“On January 13, 1992, Mr Moss telephoned Tinubu in Nigeria to justify the amounts in the accounts, running into $1.4 million. Part of the money was said to have been deposited by two Nigerians, being investigated for drug offences.
“After the telephone conversation, Tinubu instructed his lawyer in the US to file
a lawsuit against the order freezing his accounts.
“This dragged on till 15 September 1993, when an agreement was reached for an out of court settlement. Judge John A Nordberg, of the US district court for the Northern District of Illinois, read out the agreement reached by the two parties. Part of the funds, $460,000 was seized by the government.
“The FBI never charged Tinubu with any drug offence; the case did not go on trial. Tinubu was never convicted. And he was never barred from entering the United States.
“In 2003, ten years after, when the PDP opponents wanted to use the shuttered allegation to disqualify Tinubu from running for a second term in Lagos, the Inspector General of Police, Tafa Balogun made an enquiry with the American Consulate on Tinubu’s status.
“The Consulate gave Tinubu a clean bill in a reply by the Legal Attache, Michael H. Bonner.
“The letter read: “Our sincerest greetings to you and all of the law enforcement personnel in the Nigeria Police Force, whose continued assistance is very much appreciated. In relation to your letter, dated February 3, 2003, reference number SR. 3000/IGPSEC/ABJ/VOL. 24/287, regarding Governor Bola Ahmed Tinubu, a records check of the Federal Bureau of Investigation’s (FBI) National Crime Information Centre (NCIC) was conducted.
“The results of the checks were negative for any criminal arrest records, wants or warrants for Bola Ahmed Tinubu (DOB 29 March 1952). For information of your department, NCIC is a very centralised information centre that maintains the records of every criminal arrest and conviction within the United States and its territories.”
“Almost thirty years after the allegation was discharged and the case declared dead, Tinubu’s opponents keep waking up its corpse, in futile efforts to malign him.”
SaharaReporters
Headlines
Insecurity: Adeboye, Oyedepo Urge More US Military Action in Nigeria
The General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, and Founder of Living Faith Church Worldwide, Bishop David Oyedepo, have thanked U.S. President Donald Trump for recent military action against terrorism in Nigeria, urging Washington to do more to halt the unrelenting attacks.
Both clerics spoke at the “Faith Heroes Award Gala” in Washington D.C. on June 26, 2026, organised by Save Nigeria Group USA, SNGUSA, with the US-Nigeria Civil Society Coalition.
The event honoured Trump, Congressmen Chris Smith and Riley Moore, and other advocates of religious freedom in Nigeria.
Addressing a packed audience of activists, policymakers and faith leaders at the Hilton Garden Inn, Capitol Hill, Adeboye said the scale of violence has moved beyond what any religious leader can handle alone.
“Terrorism is now at my doorstep,” he said. “If you want to help us, help us more.”
The RCCG leader, who had faced criticism for not speaking out earlier, said he chose “spiritual warfare” instead of public escalation. He noted that Trump’s December strikes on terrorist camps did not surprise him because the U.S. President had warned of consequences.
Headlines
Nigeria Needs More Taxpayers, Not Higher Taxes, Says Finance Minister Taiwo Oyedele
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said Nigeria’s revenue challenge lies in expanding the tax net rather than increasing tax rates, stressing that the country needs more taxpayers, not higher taxes.
Oyedele spoke in Abuja while receiving the leadership of the Chartered Institute of Taxation of Nigeria during a courtesy visit to the Federal Ministry of Finance at the end of the Institute’s maiden National Tax Awareness Day, which featured a road walk and taxpayer sensitisation at Wuse Market as well as a visit to the headquarters of the Nigerian Revenue Service.
The awareness campaign coincided with one year since President Bola Tinubu signed Nigeria’s landmark Tax Reform Acts into law on June 26, 2025.
Commending the Institute for supporting the Federal Government’s tax reform agenda, Oyedele said public misunderstanding of taxation remained one of the biggest obstacles to improving compliance. According to him, many Nigerians still believe that whenever the government talks about taxation, it is simply seeking to collect more money from citizens.
“We are still not getting enough revenue from taxes; it is not about increasing taxes, but making sure that those who are supposed to pay taxes pay.
We want to promote fairness in tax administration,” he said.
The minister added that getting Nigeria’s tax system right would have a transformative impact on national development. He also urged the Institute to establish annual awards to recognise the country’s most compliant taxpayers as a way of encouraging voluntary tax compliance.
Earlier, the tax awareness campaign commenced at Wuse Market, where the 17th President of the Chartered Institute of Taxation of Nigeria, Innocent Ohagwa, said the initiative was introduced to bridge the information gap surrounding the country’s tax reforms and improve voluntary compliance.
He explained that although the reforms had been in force for one year, many Nigerians were still uncertain about the changes and how they would affect businesses and individuals.
“The laws have been signed, implementation has begun, yet many taxpayers and stakeholders are still grappling with what has changed, what remains the same, and how these provisions affect their businesses and personal affairs,” he said.
According to Ohagwa, widespread misconceptions have continued to fuel anxiety, with some people believing the reforms introduced new taxes across all aspects of economic activity, while others assume they were designed solely to raise government revenue.
He, however, said the reforms contain significant reliefs and incentives for both individuals and businesses. Among the benefits, he said, individuals can now claim rent relief of up to 20 per cent of annual rent paid, subject to a maximum of N500,000, while essential goods and services, including food, education, healthcare, electricity transmission, and non-oil exports, now enjoy zero-rated Value Added Tax treatment.
He added that compensation for loss of employment or personal injury now attracts higher tax exemption thresholds. For businesses, Ohagwa said companies with annual turnover not exceeding N100m and fixed assets of not more than N250m are exempt from Companies Income Tax, Capital Gains Tax, and the Development Levy.
“This means thousands of small businesses can now reinvest in growth, job creation, and innovation,” he said.
He added that targeted tax incentives had also been introduced for agriculture, aquaculture, dairy production, cocoa processing, and animal feed manufacturing, while eligible investors could benefit from tax credits under the Economic Development Incentive.
Despite the incentives, the CITN president reminded taxpayers that compliance remained a legal obligation.
“Compliance is not a burden; it is a civic duty. It is our collective contribution to nation-building. And taxation works best when there is trust — taxpayers must fulfil their obligations, while the government must uphold accountability, transparency and the effective use of public resources,” he said.
He urged traders, entrepreneurs, and business owners to obtain Tax Identification Numbers, keep proper records, file accurate returns on time, and seek professional guidance from the Nigerian Revenue Service, the FCT Internal Revenue Service, or members of the Institute whenever necessary.
Explaining the rationale for the awareness campaign, Ohagwa said the Institute approved an annual National Tax Awareness Day after observing that many Nigerians remained uninformed about the reforms despite ongoing sensitisation.
He said Wuse Market was deliberately chosen because it represented one of the country’s key grassroots commercial hubs where taxpayer education was most needed, adding that the campaign was held in June because it coincides with the peak filing period for many corporate taxpayers.
After the market sensitisation, the CITN delegation proceeded to the headquarters of the Nigerian Revenue Service, where both organisations reaffirmed their commitment to strengthening tax awareness, voluntary compliance, and the implementation of Nigeria’s tax reforms.
Receiving the delegation on behalf of the Executive Chairman of the NRS, Dr Zacch Adedeji, the Executive Director, Finance and Corporate Services, Mohammed Abubakar, described the occasion as significant because it marked one year since the signing of the country’s landmark tax reform legislation.
“That historic milestone signalled the beginning of a new era in Nigeria’s tax administration, one anchored on simplicity, fairness, transparency, efficiency, and service delivery,” he said.
According to Abubakar, the reforms are intended to build a tax administration system that is trusted, technology-driven, and responsive to the needs of taxpayers and businesses.
He added that sustainable revenue mobilisation depends not only on enforcement but also on public awareness and confidence in tax institutions. “Taxpayers are more likely to comply when they understand their obligations, appreciate the value of taxation and have confidence in the institutions administering our tax laws,” he said.
The visit also highlighted the Service’s digital transformation agenda, with officials pointing to initiatives such as Rev360 and other technology-driven platforms aimed at delivering more efficient tax administration.
Also speaking, the Group Director, Medium Tax Group, Dr Gbenga Daniel, said the NRS would continue collaborating with professional bodies to deepen taxpayer education and improve service delivery.
“The Nigerian Revenue Service values its longstanding partnership with CITN. Together, our institutions share a common vision of improving tax administration and fostering voluntary compliance for national development,” he said.
The reception brought together Executive Directors of the NRS, members of the CITN Governing Council, senior management staff, tax professionals, and industry stakeholders before the delegation proceeded to the Federal Ministry of Finance for the courtesy visit, where Oyedele urged Nigerians to embrace the country’s evolving tax system through greater compliance rather than misconceptions about higher taxation.
In June 2025, President Bola Tinubu signed four sweeping tax reform bills into law, including the Nigeria Tax Act and related statutes that together overhaul decades-old tax statutes and modernise the country’s tax system.
The Punch
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Trump Declares Trade War on Nations Imposing Digital Tax on US Tech Firms
U.S. President, Donald Trump, has threatened to impose a 100 per cent tariff on imports from any country that introduces a digital services tax (DST) targeting American technology companies.
In a statement posted on his Truth Social platform on Friday, Trump warned that countries introducing or maintaining digital services taxes on U.S. tech firms would face immediate retaliatory tariffs on all goods exported to the United States.
“Any country that imposes such a Tax will immediately be met with a 100% TARIFF on any Goods sent to the United States of America,” Trump declared, insisting that digital services taxes unfairly single out American businesses and undermine U.S. economic interests.
The latest warning is aimed primarily at several European countries that have adopted or are considering digital services taxes on multinational technology companies such as Apple, Google, Meta, Amazon, and Microsoft.
Washington has long argued that such taxes disproportionately target U.S.-based firms while discriminating against American innovation.
Trump also asserted that the proposed 100 per cent tariff would supersede existing and future trade agreements, signalling a more confrontational trade policy if countries proceed with taxing revenues generated by U.S. technology giants within their borders.
France became the first major economy to introduce a digital services tax in 2019, prompting repeated threats of retaliatory tariffs from Washington.
Other countries, including the United Kingdom, Italy, Spain, Austria, and Canada, have either implemented or proposed similar measures while negotiations continue under the Organisation for Economic Co-operation and Development (OECD) to establish a global framework for taxing multinational corporations.
The OECD’s two-pillar international tax agreement was designed to reduce unilateral digital taxes by allocating a greater share of multinational profits to countries where earnings are earned while establishing a global minimum corporate tax






