ABUJA — President Bola Ahmed Tinubu has highlighted major milestones under his leadership, asserting that both the nation’s economy and security architecture have significantly improved since he assumed office two years ago. According to him, Nigeria’s external reserves surged from a meager $4 billion in 2023 to over $23 billion by the end of 2024, marking an almost 500% growth. In a mid-term address, President Tinubu justified the controversial removal of fuel subsidies and the devaluation of the naira, decisions that have drawn both criticism and praise across political lines. While Tinubu lauded his administration’s economic direction, opposition parties such as the Peoples Democratic Party (PDP), Labour Party (LP), and the Coalition of United Political Parties (CUPP) countered his claims, labeling his tenure as one of the most disappointing in Nigeria’s democratic history. He reflected, “Exactly two years ago, you gave me the mandate to lead this nation through unprecedented challenges. With collective resolve, we tackled those difficulties head-on.” Acknowledging the dire state of the nation upon his assumption, Tinubu said his immediate economic reforms were necessary to stop Nigeria’s downward spiral. He emphasized the need to eliminate unsustainable fuel subsidies and overhaul the foreign exchange system that had become rife with corruption and inefficiency. Expressing gratitude to Nigerians, he stated, “Despite the pain some of these reforms have caused, your patience and belief in our shared future remain the backbone of our renewed hope.” As of May 29, 2025, Tinubu reiterated that Nigeria is halfway through a transformation journey, driven by hope and grounded in pragmatic reforms. His economic strategy under the Renewed Hope Agenda has been centered on stabilizing the economy, enhancing security, promoting transparency, and reducing poverty. Although acknowledging the economic hardship facing many Nigerians, he insisted the only alternative would have been a national fiscal collapse. Tinubu noted that inflation is beginning to ease, citing falling prices of staples like rice. In the oil and gas industry, production has surged, rig counts have climbed by over 400% since 2021, and new investments exceeding $8 billion have been secured. He stressed, “We’re now more resilient and positioned for growth amid global economic uncertainties.” Fiscal Health and Revenue Mobilization In 2025, Nigeria’s fiscal metrics remain aligned with strategic goals. Crude oil revenues are stable, and the fiscal deficit has narrowed from 5.4% of GDP in 2023 to just 3.0% in 2024, mainly due to improved revenue inflow and enhanced financial transparency. First-quarter revenues for 2025 reached N6 trillion. Discontinuation of Ways and Means financing helped curb inflation. With the end of fuel subsidies, the Nigerian National Petroleum Company (NNPC) is now a net contributor to the Federation Account, and increased local refining ensures energy security. Although forex revaluation pushed debt-to-GDP ratio to 53%, the debt service-to-revenue ratio dropped to under 40% by 2024. IMF debts have been cleared, and external reserves rose impressively. Sub-national governments also saw gains, with states generating over N6 trillion in 2024—enabling them to service debts, pay salaries and pensions, and fund infrastructure. Tax Reforms and Inclusive Growth A significant reform success includes raising the tax-to-GDP ratio from 10% to 13.5% in 2024. Tinubu credited deliberate tax administration improvements and fairer policy structures for this achievement. The tax system now protects low-income earners while allowing small businesses to thrive by eliminating multiple taxation. Essential services like food, healthcare, education, public transport, rent, and renewable energy are VAT-exempt. Wasteful tax waivers have been replaced with transparent incentives for sectors like manufacturing, tech, and agriculture. A Tax Ombudsman is being established to ensure accountability and protect vulnerable taxpayers. Infrastructure, Healthcare, and Education Gains President Tinubu emphasized progress in economic diversification and healthcare infrastructure. The solid minerals sector has seen exponential revenue increases and investment in local processing. Over 1,000 Primary Health Centres (PHCs) have been revitalized, with plans to upgrade 5,500 more under the Renewed Hope Health Agenda. Three out of six planned cancer centers are ready, while free and subsidized dialysis is now available. The Presidential Maternal Health Initiative has assisted over 4,000 women with free cesarean sections. Health insurance coverage expanded from 16 million to 20 million people in just two years. Security Enhancements and National Unity Tinubu highlighted improved collaboration among security forces, intelligence-led operations, and better welfare for personnel. He honored their sacrifices, especially in reclaimed North-West regions where farmers have returned to their lands and highways are safer again. Youth Empowerment and Technological Innovation Human capital development remains a central pillar, with investment in education infrastructure and student loan programs. Institutions like NASENI are pioneering industrialization, embracing e-governance, and implementing groundbreaking projects like Innovate Naija, Irrigate Nigeria, and the Asset Restoration Programme. From electric vehicle assembly to Africa’s most advanced diagnostic kit factory, Nigeria is building a future driven by youth innovation and empowerment. Food Security, Infrastructure, and Energy Aggressive agricultural policies have been launched to boost food production and stabilize prices. Mechanized farming is advancing through large-scale procurement of tractors and fertilization. National road infrastructure is also undergoing major upgrades across geopolitical zones—spanning Lagos-Calabar Coastal Highway, Second Niger Bridge Access Road, Abuja-Kaduna-Zaria-Kano dual carriageway, and others. Electricity generation is being scaled via transmission upgrades and off-grid solar investments for rural electrification. Diaspora and Global Engagement Tinubu announced Nigeria’s preparation to host the Motherland Festival, designed to promote Nigeria’s culture and tourism. He praised the diaspora’s role in national transformation and unveiled initiatives like diaspora bonds and the non-resident BVN to enhance diaspora investments. The President closed by emphasizing Nigeria’s growing global role and reaffirming his administration’s commitment to a prosperous, secure, and unified nation. APC, PDP, LP, CUPP Disagree Over Tinubu’s Two-Year Performance Opposition parties—the Peoples Democratic Party (PDP), Labour Party (LP), and the Coalition of United Political Parties (CUPP)—have sharply criticized President Bola Tinubu’s administration, clashing with the ruling All Progressives Congress (APC) over his performance in office. While the APC insists that President Tinubu is on course with delivering the dividends of democracy, the opposition argues otherwise, accusing his administration of worsening economic and security conditions in
Real Betis midfielder Isco has conceded that their inability to capitalize on a dominant first-half performance ultimately led to their crushing 4-1 defeat to Chelsea FC in the Europa Conference League final on Wednesday night. During a post-match interview following the match held in Poland, Isco reflected on how Betis allowed the Premier League side to take control after the break, admitting the team lost momentum and paid dearly for it. Despite taking an early lead through Abde Ezzalzouli, the Spanish club failed to extend their advantage, leaving the door open for a second-half comeback by the London side. Isco remarked, “We had a strong first half where Chelsea barely created anything. The match was in our hands, but we didn’t make the most of the opportunity. That has cost us throughout the season. In a European final, every mistake is magnified.” Chelsea took full advantage in the second half, netting four goals courtesy of Enzo Fernández, Nicolas Jackson, Jadon Sancho, and Moisés Caicedo, dismantling Betis’ defense with relentless pace and precision. Isco added, “In the second half, they completely overwhelmed us. It’s a tough result to accept.”
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A Federal High Court in Kano has sentenced popular TikTok influencer Murja Ibrahim Kunya to six months in prison for violating the Central Bank of Nigeria (CBN) Act by abusing the Naira. The Economic and Financial Crimes Commission (EFCC) secured the conviction before Justice Simon Amobeda. Kunya was initially arrested in January 2025 for spraying Naira notes during her stay at Tahir Guest Palace in Kano. After being granted administrative bail, she failed to appear in court, leading to her re-arrest on March 16, 2025. She pleaded guilty to the amended one-count charge on May 20, 2025
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As Nigeria marks President Bola Tinubu’s second year in office on May 29, 2025, former President Muhammadu Buhari has voiced strong support for his successor. In a public statement shared on his official X (formerly Twitter) account, Buhari praised the progress under Tinubu’s leadership while encouraging Nigerians to manage expectations and support ongoing reforms. The message, signed by Buhari’s official spokesperson, Garba Shehu, highlights the importance of national unity and collective effort during periods of structural reform. ?? Buhari Encourages Patience with Economic Reforms Buhari emphasized that significant changes, especially those aimed at improving the economy, cannot yield results overnight. He called for calm and optimism among citizens, stressing that government-led reforms take time to fully materialize. “Our expectations from our governments should not get heavy,” he stated.“Change doesn’t happen overnight. The private sector and every citizen must participate actively.” This statement supports the Tinubu administration’s continuing efforts to curb inflation and alleviate poverty, both of which have severely impacted Nigeria’s most vulnerable populations. Buhari Calls for National Cooperation Former President Buhari further warned against politicizing reforms, asserting that necessary changes should not become casualties of political rivalry. He urged Nigerians to put national interest above political differences. “Reforms must not fall victim to politics,” he warned. His statement echoes the importance of unity, especially during challenging times. Buhari acknowledged the government’s responsibility but emphasized that every Nigerian, including the private sector, has a role in building a stronger nation. Congratulating Tinubu: A Message of Support Buhari concluded his message with a warm congratulatory note to President Tinubu on completing two years in office, expressing hope that he continues to lead with wisdom and compassion. “Heartfelt congratulations to President Tinubu. May you keep leading with wisdom and care.” Related: How Tinubu’s Economic Policies Are Shaping Nigeria’s Future Summary for Readers This moment of reflection from former President Buhari comes at a critical juncture in Nigeria’s political and economic journey. His call for unity, patience, and proactive citizenship reinforces the importance of collective effort in national development. As Tinubu’s administration continues implementing reforms, Nigerians are reminded that long-term progress requires both government action and citizen involvement.
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The Confederation of African Football (CAF) has announced the lineup of match officials selected to officiate the upcoming 2024 African Nations Championship (CHAN) — and once again, Nigerian referees have been left out of the list. According to the official CAF press release issued on Wednesday, a total of 58 match officials were selected, comprising 29 center referees and 29 assistant referees from various African countries. Interestingly, Morocco and Algeria lead with two central referees each, underlining their growing influence and recognition in African football officiating. No Spot for Nigerian Referees This marks another major snub for Nigerian referees, who have historically faced exclusion from top-tier African tournaments. Despite Nigeria’s rich football legacy, CAF’s decision continues a worrying trend of non-inclusion in officiating at major competitions. This development raises questions about the current state of referee development and recognition in Nigeria’s domestic football scene, particularly as CHAN focuses exclusively on players and officials active in local leagues. About CHAN 2024 The CHAN tournament is unique in that it only features players who are active in their country’s local leagues, thereby offering a platform for grassroots and home-based talent. This year, the championship will be jointly hosted by Tanzania, Kenya, and Uganda, with matches scheduled from August 2 to August 30, 2025. The trio of East African nations promises a vibrant atmosphere and improved infrastructure, aligning with CAF’s recent push to decentralize football development across the continent. What This Means for African Football While the exclusion of Nigerian officials is disappointing, it also shines a spotlight on the need for more robust investments in referee training and accreditation programs in Nigeria. For countries like Morocco and Algeria, their consistent inclusion may be attributed to the strategic focus on referee development, enhanced football infrastructure, and active CAF engagement. ? Want to know how African referees get selected? Here’s a breakdown of CAF’s referee selection criteria. Conclusion The release of the match officials list for CHAN 2024 signals CAF’s commitment to elevating African refereeing standards — though not without controversy. For Nigeria, the continued absence of its referees could be a call to action for local football bodies to revisit and revamp the nation’s officiating pipeline. Stay connected for more updates on African football, CAF announcements, and in-depth analysis of tournaments like CHAN and AFCON.
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Federal Capital Territory (FCT) Minister, Nyesom Wike, has reaffirmed his administration’s commitment to boosting internally generated revenue through taxation, stressing that the FCT, unlike oil-producing states, depends solely on taxes to fund development. Wike highlighted the backlog of unpaid ground rents, some stretching back 20 to 30 years, and noted that although the current administration has not yet raised ground rent rates, a review is on the horizon. “The President has granted a two-week waiver,” Wike disclosed, emphasizing that no amount of blackmail or intimidation will derail the government’s resolve to enforce what is necessary. He encouraged residents to pay their taxes, assuring them that doing so will lead to visible improvements across the territory. “That is what we are striving to achieve,” he added
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The House of Representatives has initiated an inquiry into the reported deteriorating conditions of Nigerian foreign missions, especially those located in the United States. In a recent session, the House called on both the Ministry of Foreign Affairs and the Office of the Accountant General of the Federation to take immediate action. Their intervention is considered critical to preventing further embarrassment and reputational damage to Nigerian missions abroad. To address this concern, the House assigned its Committee on Foreign Affairs alongside the Nigeria-USA Parliamentary Friendship Group to thoroughly examine the administrative, financial, and infrastructural status of Nigeria’s embassies in New York, Atlanta, and Washington D.C. This decision came after a motion was presented during plenary by Hon. Kingsley Chinda. While presenting his motion, Chinda highlighted troubling revelations observed during a recent oversight visit by the Nigeria-USA Parliamentary Friendship Group to Nigerian embassies in the three American cities. He specifically pointed out the case in Washington D.C., where an elevator at the embassy was only fixed through the goodwill of a patriotic Nigerian. While the intervention was commendable, Chinda emphasized that it also exposed a pattern of neglect and deep-rooted administrative failure in how Nigeria’s foreign missions are managed. The legislator reminded the House that foreign missions are essential channels for Nigeria’s interaction with foreign governments and international bodies. He noted that embassies play a vital role in promoting Nigeria’s diplomatic, economic, technical, and cultural interests. Chinda voiced concern that if urgent measures are not taken to examine and fix the ongoing issues, the country could lose its standing among its citizens and the international community. Continued inaction, he warned, could lead to disgrace and a weakened global reputation. Following deliberations, the House passed a resolution requesting the Federal Government to immediately appoint a Permanent Representative to the United Nations and a High Commissioner to the United States. In addition, the House strongly advised both the Ministry of Foreign Affairs and the Office of the Accountant General to act promptly to prevent further embarrassment and ensure efficient operation of affected foreign missions.
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The Kano State Government has issued a strong warning to youths involved in activities that disrupt the state’s peace and security. This warning came from Air Vice Marshal Ibrahim Umar (rtd), the state’s Commissioner for Internal Security and Special Services, during a recent visit to areas plagued by gang-related disturbances. Among the areas visited was Kurna Tudun Fulani, where a youth, Abba Sa’idu, tragically lost his life amid gang clashes. Commissioner Umar emphasized that the Abba Kabir Yusuf-led administration is diligently addressing youth unemployment as a strategy to minimize idleness, which often leads to violence and thuggery. He stressed that creating job opportunities for the youth remains a top priority in the government’s agenda to combat armed thuggery and restore lasting peace in Kano. He further urged the public to take responsibility in safeguarding their communities, pointing out that security is a collective responsibility requiring the involvement of all residents. In support of this, Mal Usaini Ibrahim, the ward head of Kurna Tudun Fulani, appealed to government authorities to establish a police outpost in the area. He assured that the community is ready to provide a suitable location for the proposed station.
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Professor Ibrahim, a faculty member in the Department of Biochemistry at Ahmadu Bello University (ABU), Zaria, alongside Mr. Mubarak Musa Saliu and others still at large, is currently facing trial initiated by the Inspector-General of Police, IGP Kayode Egbetokun. The accused are charged on a four-count indictment concerning a land parcel located in Guzape, Abuja, which is legally owned by NEXTDORA NIG. LTD (RC No. 1190723). The charge sheet reveals that in December 2024, within the court’s jurisdiction, the suspects allegedly conspired to commit the crimes of forgery and criminal trespass—offences punishable under Section 97 of the Penal Code Act. The document further accuses the defendants of dishonestly altering the Corporate Affairs Commission (CAC) registration number of NEXTDORA LTD from RC. 1190723 to RC. 564478 NETCAP INTERSWITCH, with the intent to pass off a fraudulent document as authentic. This violation is considered a breach under Section 366 and punishable under Section 364 of the Penal Code Act. Additionally, the court documents indicate that the accused were in possession of the forged paperwork, with the intention to use it deceitfully—an act contrary to Section 368 and similarly punishable under Section 364. Another count specifies that the suspects unlawfully entered Plot No. 4411 in Guzape, property of NEXTDORA NIG LTD, intending to commit an offence, which falls under Section 348 of the Penal Code Act. The legal action was filed on April 18, 2025, before Justice Ademuyiwa Oyeyipo, and brought for arraignment after the accused repeatedly failed to appear on three previous court dates. Professor Ibrahim, who is listed as the second defendant, had avoided attending court sessions despite being served by the Nigeria Police Force. This prompted the court to issue an order that led to his arrest at ABU Zaria, enabling his appearance for arraignment on Tuesday. Upon hearing the charges, the professor pleaded not guilty. His lead attorney, R.O. Atabo (SAN), submitted a Notice of Preliminary Objection dated May 20, 2025, contesting the court’s jurisdiction to hear the case. Atabo also highlighted inconsistencies in the prosecution’s documentation, noting that the charge was signed by “F.A.O. Longe, Esq.” but bore the legal seal of “Longe Frank Omokhoje.” Citing Sections 2(1) & 24 of the Legal Practitioners Act and referencing the Supreme Court’s decision in YAKI VS. BAGUDU (2015) 18 NWLR (Pt. 1491) 288, Atabo argued that the charges were invalid, asserting that the document was not signed by a legally recognized practitioner. Further, the defense argued that Counts 1 and 4 were nullified by Section 47 of the Penal Code Act, which allegedly protects Professor Ibrahim as he was acting under a lawful court order. Despite the defense’s legal argument, the presiding judge ruled in favor of the Prosecution Counsel, rejecting the preliminary objection. Although an oral bail application was presented by the defense, it was opposed by the Prosecution Counsel, Barrister Frank Longe. Consequently, Justice Oyeyipo ruled that Professor Sani Ibrahim be remanded in custody at a correctional facility until June 19, 2025, pending the submission and hearing of a formal bail application.
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The Commissioner of Police in Abia State, CP Danladi Isa, has issued a directive to Area Commanders, Divisional Police Officers (DPOs), and Tactical Team Leaders across the Command to remain highly vigilant and ensure the protection of all government facilities and police formations ahead of May 30, 2025. According to LMSINT MEDIA, the directive comes in response to a sit-at-home announcement made by the Indigenous People of Biafra (IPOB). CP Isa delivered this instruction during a high-level security briefing held in his office with key security heads — Area Commanders, DPOs, and leaders of tactical units. He stressed that every officer must adhere strictly to the existing Operation Order and maintain oversight over the activities of their teams. In a press release issued by the Public Relations Officer of the Command, DSP Maureen Chinaka, it was confirmed that officers stationed at key locations have been instructed to stay alert and respond proactively to any security challenges. The statement further revealed that rapid response units have been activated and are on standby, ready to swiftly respond to any emergency situation. Additionally, CP Isa has directed Area Commanders to continue the Operation “Show of Force”, which is being carried out in collaboration with other security agencies throughout the state. The Commissioner reassured residents that the end of May will be peaceful and secure, encouraging members of the public to stay vigilant. He urged citizens to support security efforts by immediately reporting any suspicious individuals or activities to the nearest police station or by contacting the Abia Police Command through its emergency hotlines.
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Matheus Cunha, Wolverhampton Wanderers’ dynamic forward, is on the brink of completing a high-profile move to Manchester United, with the Brazilian attacker expected to undergo medical tests shortly. This development comes after the Red Devils reached an agreement to trigger Cunha’s £62.5 million release clause. The transfer deal, which has seen extensive back-and-forth between both Premier League sides, now appears to be nearing its final stages. Manchester United initially proposed to stagger the payment over a five-year period. However, Wolves remained firm in their stance, demanding that the fee be paid in three instalments over two years. After weeks of structured negotiations, Wolves have now authorized Manchester United to proceed with the formalities required to conclude the signing of Cunha. Despite Manchester United’s absence from European competitions next season, the 26-year-old Brazilian is reportedly enthusiastic about the transfer. He sees the club as a global footballing powerhouse and is determined to don the iconic red shirt at Old Trafford. Cunha attracted interest from multiple clubs across Europe, but his admiration for United ultimately influenced his decision. The former Atletico Madrid forward made a notable impact last season, scoring 17 goals and providing six assists in 34 appearances for Wolves, underlining his value in front of goal.
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Fresh insights have surfaced regarding Lamine Yamal’s new long-term deal with FC Barcelona, shedding light on the immense value the club places on the young talent. As per a report from SPORT, the 17-year-old winger has penned a contract that runs through to 2031, placing him among the highest earners in the LaLiga squad. The agreement reportedly ensures Yamal a weekly wage of £325,000, making him one of the top-paid players at the Catalan club. The Spanish international is set to take home a base salary of €15 million per year, with performance-related bonuses capable of boosting that figure to as much as €20 million annually. These terms reflect Barcelona’s confidence in his ability to contribute significantly to their domestic and European ambitions. Moreover, Yamal’s deal features an astonishing €1 billion release clause, a clear indication of Barcelona’s intent to fend off interest from top clubs, including Paris Saint-Germain, who have previously expressed admiration for the winger. In the 2023/24 season, Yamal was instrumental in Barcelona’s LaLiga and Copa del Rey victories under manager Hansi Flick. The teenager netted 18 goals and provided 25 assists across all competitions, further cementing his status as one of football’s most exciting young prospects. Latest Barcelona Transfer News
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Manchester United boss Ruben Amorim has emphasized his desire to retain team captain Bruno Fernandes amid swirling transfer speculation. In a press briefing today, Amorim described Fernandes as a pivotal figure in the club’s ongoing project, highlighting the midfielder’s significance to the team’s future plans. This statement comes shortly after rising uncertainty regarding Fernandes’ future, following remarks he made in the previous week that have fueled exit rumours. Despite Manchester United’s disappointing season—culminating in a 15th-place finish in the English Premier League—Fernandes consistently delivered standout performances. The Red Devils concluded the campaign with a narrow 1-0 loss against Tottenham Hotspur, a result that officially ended their hopes of qualifying for the UEFA Champions League. These developments have cast a shadow over Fernandes’s stay at Old Trafford. Reports suggest that Al Hilal, a dominant force in the Saudi Pro League, is ready to make a jaw-dropping £100 million bid to lure the 30-year-old midfielder away from England—should he be inclined to end his tenure with the Premier League giants. Nonetheless, Amorim reiterated his commitment to keeping Fernandes: “He’s really important for us and really important for what we want to build with this team.” Amorim further explained that during the final match—where the team played without any competitive pressure—Fernandes stepped up with strong leadership: “The last game the team was without pressure, they performed quite well, everybody wants the ball, the team has different moments and in different moments Bruno [Fernandes] takes responsibility.”
