News
Presidency spends N34bn on international travel in two years
The figure is according to data compiled from GovSpend, a government spending tracker managed by BudgIT.
The records, which cover transactions by the State House, Presidential Air Fleet, the Office of the Chief of Staff, and operations linked to the President, Vice President, First Lady, and their aides, show a sharp swing in spending patterns between 2024 and 2025.
An analysis of the data shows that 2024 accounted for the bulk of the expenditure, with total forex purchases of N29.35bn, while 2025 recorded N5.04bn.
This represents a year-on-year decline of 82.8 per cent, aligning with broader trends in the foreign exchange market where the naira stabilised following policy reforms and improved dollar inflows.
The transactions largely relate to the purchase of foreign currencies for official trips, aviation operations, estacodes, training programmes, and logistics for international engagements involving top executive officials.
While the Presidency has maintained that such trips are necessary for diplomacy, investment promotion and bilateral relations, the scale and timing of the spending have continued to draw public scrutiny amid Nigeria’s fiscal constraints and forex shortages.
In 2024, forex purchases were heavily concentrated in the first half of the year, coinciding with a period of heightened exchange rate volatility and sustained pressure on the naira.
One of the most prominent spenders during the year was the Presidential Air Fleet, which alone accounted for several multi-billion-naira transactions described as “presidential air fleet forex transit funds.”
The Presidential Air Fleet, managed by the Nigerian Air Force, is responsible for the air transport needs of the President, Vice President, and senior government officials.
Despite its strategic role, the cost of maintaining the fleet has long been a subject of public scrutiny and criticism, particularly amid Nigeria’s fiscal pressures and rising debt service obligations.
Between March and May 2024, the Presidential Air Fleet Naira Transit Account recorded repeated purchases of about N1.27bn each on March 7, March 9, April 6, May 11 and May 25, alongside larger tranches such as N5.08bn on April 23 and N2.43bn on May 8.
These aviation-related transactions show the high cost of maintaining and deploying the presidential fleet for overseas travel.
Additional transfers of N205m in July, N34m, N1.25bn, N2.21bn, N160.4m, N1.24bn and N902.9m in August further swelled the air fleet’s forex bill.
Smaller amounts followed later in the year, including payments in September and December, bringing the air fleet’s cumulative forex-linked transactions in 2024 into several billions of naira.
Beyond aviation, the State House Headquarters also recorded extensive forex purchases throughout 2024.
In February alone, the State House spent over N2.5bn on forex linked directly to specific presidential and vice-presidential trips.
These included N426.88m for the Vice President’s trip to Switzerland, N1.04bn for the President’s trip to Ethiopia, N750m for the President’s trip to Dubai, N176.77m for the Vice President’s trip to Côte d’Ivoire, N149.79m for the First Lady’s trip to France, and N86.76m for the Vice President’s trip to Liberia.
March 2024 saw further spending tied to foreign travel by the First Lady and Vice President. Transactions included N202.39m for the First Lady’s trip to Mozambique, N144.57m for her trip to Addis Ababa, and N126.30m for a trip to London.
The Vice President’s engagements also featured, with N201.12m spent on a trip to Côte d’Ivoire and N169.54m for estacodes linked to UK and US training programmes.
From July 2024, forex purchases by the State House intensified, with multiple same-day transactions on July 17 alone.
These included N149.05m, N358.53m, N243.32m, N739.07m, and N73.07m, all tagged as forex purchases.
Additional payments were made on July 23, August 6, October 11, and October 28, with notable amounts of N569.68m, N323.14m, N246.80m, and a significant N1.36bn on October 28.
By the final quarter of 2024, spending remained elevated. In November, the State House Operations – President recorded several purchases, including N22.19m, N18.34m, N169.10m and N185.23m on November 28. December added another N736.20m on December 1, reinforcing the pattern of sustained forex demand by the Presidency throughout the year.
Cumulatively, these transactions pushed total forex purchases linked to the Presidency in 2024 to N29.35bn, making it one of the most expensive years for official foreign travel and related forex spending in recent times.
The reduction was broad-based, cutting across the Presidency, Vice Presidency and supporting offices.
Transactions in 2025 were also generally smaller in size and more sporadic, suggesting a deliberate effort to rein in forex outflows.
Data from April 30, 2025, show multiple forex purchases by State House Operations – President and Vice President, but most were in the tens of millions rather than billions of naira.
Amounts such as N535.82m, N57.94m, N32.51m, N57.81m and N23.67m dominated the April transactions.
Even the larger figures recorded in mid-2025, including N1.29bn, N1.28bn and N626m linked to the Presidential Air Fleet, were fewer and spread over several months.
By the second half of 2025, forex purchases had tapered further. August transactions included N7.67m and N11.14m, while November and December recorded modest payments by the Office of the Chief of Staff and the Presidential Air Fleet.
The overall pattern points to tighter controls and possibly improved planning around official travel as the naira stabilised in 2025.
The naira ended 2025 on a firmer note, closing at N1,429/$1 on December 31.
This was a 7.4 per cent appreciation from the N1,535/$1 recorded on the final trading day of 2024, according to official exchange rate data from the Central Bank of Nigeria.
The local currency concluded 2024 with significant depreciation, recording a 40.9 per cent loss against the dollar in the official market.
The 2025 performance marks the naira’s first annual gain since 2012, when it appreciated slightly to N157.29 from N158.99 in 2011.
The currency had depreciated every year since then, marking a major turnaround after 13 years of consistent declines.
A further breakdown of the GovSpend data also shows that aviation-related expenses remain a major driver of forex demand.
The Presidential Air Fleet consistently accounted for some of the largest transactions across both years, reflecting maintenance, fuel, leasing and operational costs that are typically dollar-denominated.
This has renewed debate over the size and cost structure of the fleet, especially at a time when many countries are reviewing the sustainability of maintaining large official aircraft inventories.
The State House and Office of the Chief of Staff accounted for smaller but still significant amounts, often linked directly to specific trips by the President, Vice President or First Lady. These include forex purchases for estacodes, accommodation, logistics and protocol obligations.
The Country Director of Accountability Lab Nigeria, Odeh Friday, earlier expressed concern about the impact of such spending on taxpayers and the need for greater transparency and accountability.
“This highlights the urgent need for a shift toward greater equality and accountability in the management of public finances,” Friday said.
He emphasised that it is critical to evaluate the outcomes of these significant expenditures, questioning whether they truly serve the interests of the Nigerian people. “Some of them are clearly wasteful expenditure,” he added.
Former Presidential Candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has criticised President Bola Tinubu for spending much of January abroad.
Obi, in a post on his X handle on Sunday morning, noted that while leaders in other countries focus on domestic governance at the start of the year, Nigeria’s president has prioritised foreign engagements over pressing national issues.
Obi also questioned the necessity of Tinubu’s frequent foreign trips, noting that the President spent 23 days abroad in January across two trips, returning only briefly to Nigeria in between.
“While leaders in other nations prioritise domestic governance in January, Nigeria’s president prioritises international engagements over pressing national issues. This month, he spent 23 days abroad across two trips—beginning the year overseas and returning on the 17th, and departing less than 10 days on the 26th to Türkiye, where he remains as of January 31. What urgent matters continuously warrant his absence from the nation? When he does return, it often appears to be merely to welcome defectors into the APC before he jets off again.”
News
Nwabueze Denies Running ‘Fake Agency’, Says Made-in-Nigeria Project Has Operated Under OSGF for 16 Years
The National Coordinator and Executive Director of the National Brands Development and Made in Nigeria Special Project Office, George Nwabueze, has denied the allegation of running a “fake agency” in the country.
Nwabueze, who spoke with newsmen on Saturday, noted that he oversaw an office which was under the supervision of the Office of the Secretary to the Government of the Federation.
He noted that the office had been in existence for 16 years.
The Independent Corrupt Practices and other related offences Commission had on Friday said the President had ordered Nwabueze’s arrest for leading and promoting the outfit, which it tagged as a fake federal agency.
The ICPC said the accused was running it with the collaboration of senior public servants in the Office of the Secretary to the Government of the Federation.
But responding to our correspondent, the embattled executive director said, “Made in Nigeria Special Project Office is a project office in the OSGF. We don’t know where fake agency comes from. A programme that has been in the SGF’s office since 16 July 2010 was just discovered yesterday (Friday). After 16 years; Nigeria is a funny country.”
Nwabueze spoke while responding to our correspondent’s enquiries on LinkedIn, where he had earlier posted his appointment letter to rebuff ICPC’s claim of illegality.
The letter, dated October 3, 2025, was purportedly issued by the Office of the Secretary to the Government of the Federation.
It was referenced OSGF/MIN/59310/11/205 and signed by the Permanent Secretary, Political and Economic Affairs Office, Nadungu Gagare.
The letter, addressed to “Hon. George Buchi Nwabueze, National Coordinator, Made in Nigeria Project Office, OSGF, Three Arms Zone, Abuja,” conveyed the approval of his appointment as National Coordinator/Executive Director of the Made in Nigeria Project Office under the OSGF.
According to the document, the appointment was for a five-year tenure beginning from July 2025 and was renewable.
“I am directed to formally convey the approval of your appointment as National Coordinator/Executive Director of the Made in Nigeria Project Office under the Office of the Secretary to the Government of the Federation,” the letter stated.
It added that the appointment followed “a careful evaluation of your commitment, contribution, and capacity in delivering on the mandate of the Special Project Office.”
The document listed Nwabueze’s responsibilities to include the supervision and development of programmes, projects and policies; supervision of regional and state coordinators across the 36 states; and organisation of exhibitions, trade expos, economic summits and other promotional initiatives aimed at promoting indigenous products and services.
It further stated that the project was to operate temporarily from Room B53, Ground Floor, within the OSGF complex.
“Please note that this appointment is at the pleasure of the Secretary to the Government of the Federation, and in line with the objectives of the Made in Nigeria initiative under the Renewed Hope Agenda,” the letter said.
Efforts to engage Nwabueze further on the matter proved abortive as he declined response.
Former Speaker of the Abia State House of Assembly, Rt. Hon. Chinedum Enyinnaya Orji, has described Pastor Jerry Uchechukwu Eze as an exceptional man of God whose ministry has made a profound impact on humanity.
In a birthday congratulatory message issued on Saturday, August 22, 2026, Orji paid glowing tribute to the Senior Pastor of Streams of Joy International and Convener of the New Season Prophetic Prayers and Declaration (NSPPD).
“Your faith, selfless service, wisdom and commitment to the work of God continue to inspire countless lives. Your ministry has been a source of hope, guidance and spiritual upliftment to many,” Orji said.
The former Speaker further described Pastor Jerry Eze as a highly revered servant of God who is truly filled with the Holy Spirit, noting that testimonies of miracles, signs and wonders consistently follow the NSPPD prayer sessions.
While wishing the celebrant a happy birthday, Orji prayed that God would continue to increase him in ministry, wisdom, knowledge and understanding, and grant him long life in peace and happiness.
The Anambra state police command has arrested a suspect for allegedly impersonating, False Representation of Mr Linus Williams “BLord” and defrauding members of the public.
According to the charges of false representation using the name of Blood to defraud the public the 22 year old young man Hillary Tochukwu Enujekwu from Okpanam in Delta state is accused of committing the crime punishable under Section 386 of the Criminal Code , Cap 36 , Vol 2 Revised Law of Anambra state of Nigeria 1991.
However the Magistrate Court did not sit on this Friday and the accused was returned to the State Criminal Investigation Department Amawbia.
Speaking to reporters Mr Linus William aka Blord confirmed that the accused had been using a fake TikTok handle claiming that he is Blord adding that he is not active on TikTok and is yet to verify his TikTok.
“I am at the Magistrate Court Amawbia in respect of a matter that was brought to the Court over a young man that has been using my videos and my pictures to defraud the public for the past three years”
“He has been n notorious on TikTok and he has about 11 million likes on TikTok and about 870,000 or there about followers on TikTok”
“Meanwhile my original TikTok has about 150,000 followers with 1,5million likes but this young man has about 11.6 million and that is ten times of my profile and people take his profile as the real Blord profile and they have been transacting with him and defrauded more than 100 people millions of naira and dollars ”
“Many of them came to the station to write their statements and the young man has confessed and agreed to the crime and the family has been begging for us to know how to settle the matter”.
“We came to Court today but the Court did not sit and they are taking the boy back to Police custody State Criminal Investigation Department where he is being remanded”
William recalled that when the matter came up, he reported to the Police who took action and arrested boy and invited him over to come and see the suspect .
“We went through his phone and all the videos on his phone are my videos, the number that he has been using to defraud them and once you call that number his number will ring and he used it to defraud people running into millions, 1,000 dollars , 3,000 dollar’s 5 million at different scenario and people believe that I was the one that defrauded them”.
“When he defraud the victims he will tell them to come to the office and we have nine different branches of my office and when they come we tell them that it not Blord profile” he said.
William thanked the Police for a job well done addin that he is innocent of those allegations against him.
William further explained that his outfit is verifiable on Instagram adding that his TikTok is yet to be activated .
“The Blord is on Instagram and I have a verify Instagram and verified Facebook but am not on TikTok and I am working towards verifying myself on TikTok”
“For you to get a legitimate Blord, make sure that the profile is verified and and if you feel doubted, we have office in nine major Cities and one should be close to you and you can come to the office and do your transactions ” he said.
When contacted, the Police Public Relations Officer SP Tochukwu Ikenga said that the matter is before the Court of law hence cannot comment on it .
News
2027: Mandate Group Endorses ex Abia Speaker Chinedum Orji for Ikwuano/Umuahia Fed Constituency Seat
The Ikuku 2027 Mandate Group has endorsed former Speaker of the Abia State House of Assembly, Rt. Hon. Chinedum Enyinnaya Orji, as its preferred candidate to represent Ikwuano/Umuahia North/Umuahia South Federal Constituency in the House of Representatives in 2027.
In a statement titled, “Representation with Experience, Legislation with Results: The Ikwuano/Umuahia Compact for 2027,” the group said its position followed what it described as a careful assessment of aspirants seeking to represent the constituency.
According to the group, Orji stood out on the basis of his experience, capacity, character and record of public service, having previously served as Leader and Speaker of the Abia State House of Assembly.
The group said its support for the former Speaker was based on what it described as a desire to take tested legislative experience to the National Assembly.
“We are presenting Rt. Hon. Chinedum Enyinnaya Orji to represent our Federal Constituency in 2027. This is not a campaign of noise. It is a campaign of structure, law, and delivery,” the group stated.
It said Orji’s experience in presiding over legislative debates, passing budgets and exercising oversight over the executive would equip him to effectively represent the constituency in Abuja.
The group outlined security, economic relief, youth employment, education, healthcare, infrastructure, agriculture and transparency as key areas of its proposed legislative agenda for the constituency.
On security, it said Orji would support legislation aimed at strengthening community policing, local security architecture and federal intervention against kidnapping and violent crime across Ikwuano, Umuahia North and Umuahia South.
The group also said he would focus on legislation and oversight aimed at reducing the cost of doing business, improving access to credit for small and medium-scale enterprises and protecting households through scrutiny of policies affecting fuel and electricity costs.
On youth development, the group said the proposed agenda would seek to connect young people in the constituency to federal employment, entrepreneurship and skills-development programmes, including initiatives of the National Directorate of Employment and the Bank of Industry.
It added that education and healthcare would also feature prominently, with plans to advocate increased intervention in schools, expand access to scholarships and bursaries, and pursue improvements in primary healthcare and federal health infrastructure across the three local government areas.
The Ikuku 2027 Mandate Group further said Orji would use legislative engagement, budgetary advocacy and oversight to pursue federal road, electrification and water projects in the constituency.
“A legislator does not build a road, but he fights for it in the budget and monitors it,” the group stated, adding that quarterly reports on approved projects and their implementation would form part of its proposed accountability framework.
On agriculture, the group said the agenda would focus on policies supporting agro-processing, storage facilities, access to agricultural grants and improved market access for farmers, particularly in Ikwuano.
It also promised an open and accessible representation model, including annual scorecards, town-hall meetings across the three LGAs and a public tracker for constituency interventions.
The group said women, persons with disabilities and other underrepresented groups would also feature in its inclusion agenda, alongside support for women-owned businesses and girls’ education.
It further argued that the constituency deserved stronger federal presence, including more intervention programmes, training centres, agencies and infrastructure projects.
According to the group, its 2027 campaign would be built around ward-level engagement, policy town halls and what it described as data-driven voter outreach.
“Sloganeering gets attention. Campaigning gets results. And with Chinedum, you get both,” it stated.
The group described the proposed agenda as a “compact” with the people of Ikwuano/Umuahia North/Umuahia South, built around legislation, effective oversight, accessible representation and transparency.
“This is our contract with you: Legislation that protects. Oversight that delivers. Representation that is accessible. In 2027, vote for experience that has led, and leadership that will legislate,” the group stated.
It adopted the campaign message: “Ikwuano/Umuahia First. Experience That Works.”
The statement reads in full
REPRESENTATION WITH EXPERIENCE, LEGISLATION WITH RESULTS: The Ikwuano/Umuahia Compact for 2027″
BY IKUKU 2027 MANDATE GROUP
1. THE VERDICT AFTER SCRUTINY
After a careful examination and scrutiny of all those aspiring to represent Ikwuano/Umuahia North/Umuahia South Federal Constituency, and after weighing verifiable empirical indices of service, capacity, and character, one name stands clearly above the rest: Rt Hon Chinedum Enyinnaya Orji. He stands out as the most suitable because he has distinguished himself as a man of independent mind, tested experience, natural charisma, loyal followership, and above all, a human heart that beats for the people. In a race where many talk, he has a record to show.
2. THE MANDATE
We are presenting Rt Hon Chinedum Enyinnaya Orji to represent our Federal Constituency in 2027. This is not a campaign of noise. It is a campaign of structure, law, and delivery. Having served as Leader and Speaker at the subnational level, he understands how to turn the voice of the people into laws that actually work.
3. WHY EXPERIENCE MATTERS
As former Leader and Speaker, Chinedum presided over debates, passed budgets, and held the executive to account. That is the experience we are taking to Abuja: the skill to draft bills, build consensus across party lines, and ensure our constituency is not just present, but influential in the National Assembly.
4. SECURITY OF LIVES AND PROPERTY
For us, the first duty is safety. Chinedum will sponsor and support legislation to strengthen community policing, support local security architecture, and increase federal intervention against kidnapping and violent crime across Ikwuano and the two Umuahia LGAs. A safe constituency is a productive constituency.
5. THE ECONOMY AND COST OF LIVING
Food, transport, and power costs are biting our people. His focus will be on laws that reduce the cost of doing business for our traders in Umuahia markets, support SMEs with access to credit, and protect households through oversight of fuel subsidy reforms and electricity tariff structures. We are legislating relief, not just talking about it.
6. JOBS, YOUTH AND SKILLS
Youth unemployment is not a slogan to Chinedum. It is a policy problem. He will push for a Federal Constituency Skills and Entrepreneurship Act to link our young people to NDE, BOI, and digital job programs. Internships, vocational centers, and startup support will be tracked quarterly and reported back to the people.
7. EDUCATION AS A FOUNDATION
From primary schools in Ikwuano to tertiary access in Umuahia, education must work. He will advocate for increased UBEC and TETFund releases to our schools, sponsor bills for STEM (Science , Technology, Engineering, Mathematics) and vocational education, and establish a transparent constituency scholarship and bursary scheme tied to merit and need.
8. HEALTHCARE THAT REACHES YOU
Our PHCs must have drugs, staff, and power. Chinedum will use legislative oversight to ensure NHIA ( National Health Insurance Authority) enrollment drives reach our wards, push for constituency health bills, and lobby for federal health infrastructure upgrades in our three LGAs. No mother should die giving life.
9. POWER AND INFRASTRUCTURE THROUGH LAW
A legislator does not build a road, but he fights for it in the budget and monitors it. Chinedum will lobby for the inclusion of key Ikwuano-Umuahia roads, rural electrification, and water projects in federal budgets, and he will publish quarterly reports on what was approved and what was delivered. Oversight is his promise.
10. AGRICULTURE AND MARKET ACCESS
Ikwuano’s farmland and Umuahia’s markets are economic engines. He will support legislation for agro-processing, storage facilities, and easier access to federal agricultural grants. We will connect farmers to markets and reduce post-harvest losses through policy, not promises.
11. GOOD GOVERNANCE AND TRANSPARENCY
Having been Speaker, Chinedum knows how budgets are padded and projects disappear. He will run an open office: annual scorecards, town halls in all three LGAs, and a public tracker for all constituency interventions. The people must see where the money goes.
12. WOMEN AND INCLUSION
Legislation must reflect everyone. He will champion bills that support women in business, protect girls’ education, and ensure 35% inclusion of women and PWDs in constituency appointments and programs. Representation without inclusion is incomplete.
13. FEDERAL PRESENCE FOR OUR CONSTITUENCY
We deserve more federal projects and institutions. Chinedum will use his legislative relationships to attract agencies, training centers, and intervention programs to Ikwuano/Umuahia North/Umuahia South. Our size and capital city status must translate to federal advantage.
14. CAMPAIGNS, NOT JUST SLOGANS
Let’s be clear: electioneering is more than chants. This campaign will be built on ward-to-ward engagement, policy town halls, and data-driven voter outreach. Yes, we will have a message you can remember. But behind every slogan will be a bill number, a budget line, and a plan. Sloganeering gets attention. Campaigning gets results. And with Chinedum, you get both.
15. THE COMPACT
This is our contract with you: Legislation that protects. Oversight that delivers. Representation that is accessible. In 2027, vote for experience that has led, and leadership that will legislate.
“Ikwuano/Umuahia First. Experience That Works.”
Hon. Alex Mascot Ikwechegh, Member representing Aba North/Aba South Federal Constituency, has commended President Bola Ahmed Tinubu for what he described as “responsive leadership” following the Federal Government’s decision to accelerate implementation of the 2026 budget.
Speaking on Magic FM, Aba, on Thursday, Ikwechegh said the renewed push to release funds to Ministries, Departments and Agencies demonstrated that the President listens to the legislature.
“Mr. President has shown he is a listening President who has the interest of the nation at heart. He did not see our concerns as opposition. He saw them as part of our job to ensure Nigerians get value for money,” the lawmaker stated.
Ikwechegh had earlier drawn national attention after raising a motion on the floor of the House over delays in budget releases despite appropriations passed by the National Assembly. The intervention sparked debate among lawmakers over the slow pace of capital project execution.
The Federal Government has since announced measures to fast-track releases under the 2026 Appropriation Act, which provides for an aggregate expenditure of ₦68.32 trillion, with ₦32.2 trillion earmarked for capital expenditure.
According to Ikwechegh, legislative oversight is most effective when it produces concrete results.
“Our job is to speak firmly when policies are not working, and to also acknowledge when government takes corrective action. That is how the executive and legislature serve the people together,” he said.
The Abia lawmaker stressed that the real test of the budget lies in delivery — completed roads, functional hospitals, jobs for youths, and improved services across constituencies.
He expressed optimism that with improved coordination between the National Assembly and the Presidency, Nigerians will increasingly begin to feel the impact of the 2026 budget as implementation gathers momentum.
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