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President Bola Tinubu’s Claims he is Assessing Nigeria’s Financial Landscape.

Ikechukwu Emmanuel

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In a recent media engagement, President Bola Tinubu asserted that for the past three months, his administration has successfully met Nigeria’s financial obligations without resorting to funds from the Nigerian National Petroleum Company Limited (NNPCL) or utilizing the Central Bank of Nigeria’s (CBN) “Ways and Means” financing. This statement highlights a significant shift in the financial management of the nation, emphasizing a commitment to financial discipline.

President Tinubu stated confidently, “Push me to my brag mode, in the last three months, I’ve not taken a penny from NNPC before I meet my other obligations. To me, that is excellent.” His remarks suggest a focus on sustainability and prudent fiscal practices, marking a departure from previous administrations that relied heavily on unconventional financing methods to balance budgets.

The context of these assertions is crucial. In September 2024, CBN Governor Olayemi Cardoso pointed to the detrimental effects of excessive monetary expansion under his predecessor, citing an alarming increase in the money supply from N19 trillion in 2015 to N54 trillion in 2023. Such rapid growth, primarily fueled by “Ways and Means,” led to inflationary pressures and destabilized the economy. Tinubu’s claim of maintaining fiscal responsibility without tapping into these controversial financial practices aims to underline his administration’s resolve to create a more stable economic environment.

While the president’s confidence in his financial management may be deemed commendable, it invites scrutiny regarding the sustainability of this approach amidst Nigeria’s ongoing economic challenges. As he suggested, grading oneself can be a useful exercise; however, it is essential that this evaluation is based on tangible outcomes and broader economic indicators.

In conclusion, President Tinubu’s assertions may represent a critical moment in Nigeria’s financial governance. However, sustained vigilance and accountability will be key to ensuring that this trend towards responsible financial management yields the desired results for the Nigerian populace.

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Police arrest Bauchi man accused of poisoning motorcyclist and stealing his bike.

Ikechukwu Emmanuel

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Operatives of the Bauchi State Police Command have arrested a 27-year-old man, Isiyaka Badamasi, for allegedly poisoning a commercial motorcyclist in an attempt to steal his motorcycle.

According to a statement issued on Thursday by the command’s spokesperson, SP Nafiu Habib, Badamasi and his alleged accomplice, Ma’aruf Sani, reportedly offered a 21-year-old motorcyclist a sweet containing a harmful substance. The victim, who resides in the Yelwa Tudun area of Bauchi, allegedly became intoxicated after consuming it.

The suspects were said to have attempted to dispossess him of his Bajaj Boxer motorcycle. However, the victim raised an alarm after sensing danger, attracting members of the public who apprehended Badamasi. Sani, both of whose residents are reportedly from Na’ibawa in Kano State, escaped and is currently the subject of a police manhunt.

The victim was taken to Gamuwa Primary Health Care Centre, where he remains on admission and is responding to treatment.

The Commissioner of Police, Sani-Omolori Aliyu, has ordered the transfer of the case to the State Criminal Investigation Department for further investigation. The command also urged residents to remain vigilant and reaffirmed its commitment to protecting lives and property across the state.

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Lojay: My uncle told me I would never succeed in music.

Ikechukwu Emmanuel

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Nigerian singer Lojay has revealed that he faced significant opposition when he decided to pursue a career in music, including doubts from members of his family.

Speaking during a recent livestream with content creator Gilmore, the “Monalisa” hitmaker recalled that one of his wealthy and influential uncles, who is now involved in politics, told him he would never succeed in the music industry.

“I have an uncle who is now in politics. I won’t mention his name, but he is very rich and popular. When I wanted to start music, he told me I would never blow,” Lojay said.

Despite the discouragement, the singer remained committed to his ambition and used the criticism as motivation. He expressed satisfaction that his perseverance had eventually produced positive results.

Lojay also encouraged his fans to remain confident in their dreams and avoid allowing negative opinions to define their ambitions.

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Benue Police Deny Withdrawal of Mobile Personnel from Ayilamo.

Ikechukwu Emmanuel

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The Nigeria Police Command in Benue State has dismissed reports alleging that Mobile Police personnel were withdrawn from Ayilamo community in Logo Local Government Area.

In a statement issued by the Command’s spokesperson, DSP Orchia Aondogwu, the report was described as unfounded and baseless. He stated that Mobile Police personnel remained deployed in Ayilamo alongside the Divisional Police team and other tactical units.

Aondogwu also said additional military personnel had been deployed to reinforce security in the area, urging the public to disregard the report.

However, the traditional ruler of Ayilamo, Mue Ter, Chief Torkoer Samuel, contradicted the police account. He claimed that the Mobile Police personnel left the community on Wednesday with their equipment and Armoured Personnel Carriers.

The conflicting accounts have raised questions about the current security situation in Ayilamo and the extent of military presence in the community.

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