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Clash looms in Reps Tuesday as Tinubu presents $2.2bn fresh loan request

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A showdown looms in the House of Representatives this week between lawmakers elected on the platform of the ruling party and their opposition counterparts over the $2.2m (N1.77tn) loan request by President Bola Tinubu.This is as the Deputy Spokesperson of the House, Mr Philip Agbese has declared that the Green Chamber will have no trouble approving external borrowing request from President Bola Tinubu, Deputy Spokesman of the Green Chamber, Congressman Philip Agbese has said.

President Tinubu’s loan request was contained in a letter transmitted to the parliament and read by the Speaker of the House of Representatives, Tajudeen Abbas, during Tuesday’s plenary.

If approved, the President said the loan would fund the N9.7tn deficit in the 2024 budget.

The Senate has already approved the loan request, with the House expected to debate same ahead of its approval later in the week.

Speaking on Sunday, the Benue lawmaker who doubles as the Deputy Chairman, the Committee on Media and Publicity, advanced reasons the House will not hesitate to follow the footsteps of the Senate in granting the request of the President to borrow externally to fund the budget deficit.

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According to him, the House will approve the loan request as long as it is meant for the execution of capital projects across the country as stipulated in the letter transmitted to the National Assembly by the President.

“The Tinubu-led government has been prudent with our resources. We will approve the loan request without hesitation,” he said, adding that the request will be treated in conformity with standing procedures.

“I can tell you that the relevant Standing Committees have commenced scrutiny of the loan request ahead of the consideration by the House. But I assure Nigerians that as their representatives, we will abide by strict standard procedures in doing our job as far as this request is concerned,” he said.

Debt burden

Although Nigeria’s total public debt currently stands at N136tn, Agbese justified the President’s quest to borrow more, saying, “The kind of critical infrastructure we have seen the current government investing their scarce resources on are encouraging. From the Honourable Minister of Finance to the Accountant General’s Office, we have seen fiscal policies that aim to safeguard taxpayers’ resources.”

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He added that just as past approvals by the parliament were done in line with due consultation with other relevant stakeholders and experts, “The situation would not be different this time.”

On what has changed since the inauguration of the incumbent All Progressives Congress-led administration, Agbese who represents Ado/Ogbadibo/Okpokwu Federal Constituency of Benue State, noted that “the executive is enhancing our budget system in terms of priorities.”

While declaring that “it may not be far from the truth that past administrations took foreign loans to spend on disposables,” he insisted that “the 10th parliament is carrying out its oversight functions to see that every penny counts in the overall interest of our people.”

‘Govs change stand’

Reacting to an exclusive report by The PUNCH quoting some lawmakers saying that some state governors appeared to have changed their rigid stand on Tinubu’s tax reform bill, now before the parliament for consideration, the lawmaker added that the resilience of legislators may have informed the development.

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“Many (governors) are doing so because they have seen the resilience of the parliament to do what is right for Nigerians. This is what you get where there’s patriotism above personal and selfish interest of just a few entities.

“The House of Representatives under the leadership of Rt Hon Tajudeen Abass has done something novel and Nigerians are equally commending his leadership. There’s no doubt that our approach to inviting the key drivers of the tax reforms in Nigeria and doing so at the same time with our in-house experts, has changed the narrative completely in Nigeria,” he added.

In a veiled jibe at former Vice President Atiku Abubakar, who in July described the National Assembly as an enabler of executive recklessness, Agbese said Nigerians “don’t take him seriously, so, the parliament won’t be bothered about his opinion which was probably expressed from abroad or somewhere in Dubai.

“The only time that politician won an election was when another candidate from the south carried him on his back as a running mate. The only thing he sees about Nigeria is when an election will take place.”

The lawmaker assured Nigerians that when granted, the loan would be used for the intended purpose, saying, “The House of Representatives will ensure that such monies if approved are not diverted. What we understand the President is doing is repositioning critical institutions for optimum performance as well as delivering on infrastructure that will stand the test of time.

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“It’s possible to extend the lifespan of the 2024 budget to ensure that ongoing critical projects receive the desired attention and are completed.”Also speaking, an APC lawmaker from Imo State, Chike Okafor, said the loan request by the President was in order.

He said, “Our country in the past years suffered from under-investment in the very critical sectors that stimulate the economy. How much of our resources go to funding/financing infrastructure in such critical things like roads, health, education, and agriculture? Any economy that fails to sustain good investment in the above critical sections of the economy is creating short and long-term deficits in those areas.

“What do you do if/when your current revenue and receipts are inadequate to fund the necessary and required investments necessary to sustain the stimulation of your commerce and economy? You resort to borrowing, especially if/when you reserve the capacity to do so.”

He added, “What I do not support is borrowing to fund ordinary appetite. By this, I mean borrowing just to fund recurrent expenditures. Once a borrowing is geared towards the funding of critical capital items, then we’re moving in the right direction.”

Minority caucus warns

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Meanwhile, the minority caucus of the House of Representatives has warned that the provision for deficit financing in the 2024 budget is not automatic, adding that borrowing should be the last option rather than the first resort.

Leader of Minority Caucus in the House, Kingsley Chinda, said, “We no doubt provided for the executive to borrow in the 2024 budget, but it’s not automatic. Borrowing should not be the first resort. It should be the last option, particularly when borrowing with interest.”

Chinda, who represents Obio/Akpor Federal Constituency of Rivers State, added that in activating the loan option, some questions need to be asked.

“What did we get as income, and how was it applied that we required borrowing? What efforts have we made to raise funds without borrowing and what are the results? Is the borrowing very necessary?”

He added, “What are the specific projects you intend to fund with the money? What are your repayment plans? This information must be cogent and verifiable.”

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The Peoples Democratic Party lawmaker noted that “it is only when these questions are answered positively that we can consider the loan,” or else, “The loan will be an additional burden on the government, and the people of Nigeria and should be avoided as a fish should avoid a bait.”

On his part, the Chairman of the Public Accounts Committee, Bamidele Salam, gave a condition to support the loan approval.

“I personally think that the best approach is to scrutinise the loan request. I will only support it if the loan terms are favourable and only if the money will be spent on urgent critical infrastructure for which funding cannot be sourced elsewhere,” he said.

Debt profile worrisome

On his part, a Labour Party federal lawmaker from Anambra State, Afam Oghene, also expressed worry over the nation’s growing debt profile.

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He told The PUNCH, “Many Nigerians are worried about the Presidency’s repeated requests for loan approvals, as well as the country’s growing loan profile. The concern is not just about the loans themselves, but also about the transparency and integrity of how the funds are being deployed and the projects they are attached to.”

Oghene, who represents Ogbaru Federal Constituency of Anambra State, stated, “As of June 30, 2024, Nigeria’s total public debt stock stood at N87.38tn ($113.42bn). This is a significant increase from previous years, and it is understandable that many Nigerians are uneasy about the trend.”

He added that the opposition would continue to ask relevant questions in relation to the demands for good governance.

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Politics

Ebonyi Bans Political Campaigns, Gatherings Without Government Approval

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The Ebonyi State Government has effectively restricted political campaigns and gatherings in Ezza South Local Government Area, directing political parties and groups to obtain prior approval from the council chairman before holding such events.

The directive, issued by the Chairman of Ezza South Local Government Area, Hon. Chinedu Mkpuma, follows a recent security breach in Amaezekwe community amid growing concerns over political violence ahead of the 2027 general elections.

In a statement made available to journalists in Abakaliki, Mkpuma expressed dismay over the security situation and said the measure was necessary to protect lives and property, maintain public order and prevent further security breaches.

He acknowledged the constitutional rights of citizens to freedom of association and peaceful assembly but warned that political gatherings in the local government area must henceforth receive prior approval from his office.

The chairman added that violations of the directive would attract appropriate action in accordance with the law.

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Meanwhile, the Labour Party governorship candidate, Eze Oko, has condemned the reported killings and alleged attacks on opposition parties in the state, calling on political leaders to end violence and intimidation.

Oko questioned why opposition members were allegedly being targeted and urged youths to resist attempts by politicians to use them as instruments of violence.

He called for a level playing field for all political parties and candidates, insisting that political competition should be based on ideas, manifestos and records of performance rather than violence.

The LP candidate also cautioned political leaders against inflammatory statements capable of fuelling tension during the electioneering period.

He urged candidates seeking re-election to allow their achievements to speak for them instead of allegedly engaging political thugs to intimidate opponents.

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Oko further appealed to youths to reject political thuggery and violence, while extending his condolences to the families of those reportedly killed in the incident.

The development comes as political activities begin to gather momentum ahead of the 2027 general elections, with renewed calls for security agencies to investigate reported attacks and ensure that all political parties can operate without intimidation.

 

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2027: It’s Not South-East’s Turn, Obi Not Our Best Presidential Candidate – Umahi

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The Minister of Works and former Governor of Ebonyi State, Senator David Umahi, has declared that 2027 is not the South-East’s turn to produce Nigeria’s president, insisting that former Anambra State Governor, Peter Obi, is not the region’s best presidential candidate.

Umahi, who made the declaration during an interview with ARISE News on Friday, defended South-East political leaders supporting President Bola Tinubu’s re-election bid, maintaining that their political choices should not be interpreted as betrayal of the Igbo presidential ambition.

“Peter Obi is not the best of our finest in South East. He’s not the best, he can never be the best,” Umahi declared.

The minister faulted Obi’s approach to the 2023 presidential election, alleging that he failed to adequately consult governors and other influential political stakeholders in the South-East before pursuing his ambition.

“You cannot play politics in South East without consulting people like us,” he maintained.

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According to Umahi, any presidential aspirant seeking to represent the collective aspirations of the region must first engage critical stakeholders and build the necessary political consensus.

He argued that Obi’s performance in the 2023 presidential election did not automatically make him the South-East’s most qualified presidential candidate, stressing that the region boasts several other capable political figures.

Umahi also questioned why Anambra State should be given preferential consideration whenever the opportunity arises for the South-East to produce Nigeria’s president.

Citing Nigeria’s first President, Dr Nnamdi Azikiwe, who hailed from the area now constituting Anambra State, the minister maintained that Ebonyi, Enugu, Abia and Imo states equally deserve consideration in future presidential arrangements.

On the growing support for Tinubu among South-East political leaders ahead of 2027, Umahi dismissed allegations that those backing the president had abandoned the region’s political interests.

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He insisted that the South-East’s path to the presidency lies in strategic negotiations, consensus-building and alliances with other geopolitical zones rather than presenting loyalty to Obi as the ultimate test of commitment to the Igbo cause.

The former Ebonyi governor had earlier challenged comparisons between himself and Obi during a political engagement in Benin City in September, declaring that he saw no area in which the former Anambra governor was superior to him.

While expressing confidence that the South-East would eventually produce Nigeria’s president, Umahi maintained that the region’s opportunity had not yet arrived, insisting that “it is not yet our turn.”

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2027: APGA, APC Set for Joint Meeting in Anambra to Mobilise Support for Tinubu’s Re-election

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By Okey Maduforo, Awka
The All Progressives Grand Alliance (APGA) and the All Progressives Congress (APC) in Anambra State have scheduled a joint meeting for November 1 to strengthen collaboration and mobilise support for President Bola Ahmed Tinubu’s re-election bid in 2027.
The planned meeting comes amid claims that the two parties are not working together in the state to advance Tinubu’s second-term ambition.
The meeting, convened by Anambra State Governor, Professor Chukwuma Charles Soludo, in his capacity as the state coordinator for Tinubu’s re-election campaign, is expected to bring together leaders and members of both parties, including serving and former political officeholders and members of their respective national and state working committees.
The APC State Chairman, Senator Emma Anosike, also confirmed the meeting, telling reporters that he would lead members of his party to attend the gathering.
The development is expected to counter claims of disunity between the two parties over the president’s re-election project in Anambra State.
According to an announcement dated October 22 and signed by Dr Ben Nwankwo, Chief of Staff to the Governor and Coordinator of the Secretariat for the Presidential Campaign Council in Anambra State, the meeting will take place at the International Convention Centre, Awka.
Proceedings are scheduled to begin at 1 p.m., while accreditation will commence at 10 a.m. Participants have been directed to arrive early, as the doors will be closed once the meeting begins.
Attendance is restricted to duly accredited invitees drawn from designated categories of political officeholders, party officials and other stakeholders who remain members of APGA or APC.
Those invited include serving and former governors and deputy governors of Anambra State; members of the national, zonal and state working committees of both parties; and serving and former members of the National and State Assemblies from the state.
All APGA and APC candidates for the 2027 general elections who are members of either party have also been invited.
Other participants expected at the meeting include serving and former political appointees in the state and federal governments, members of the PBAT/APC Presidential Campaign Council from Anambra State, as well as serving and former elected local government chairmen, mayors and transition committee chairmen affiliated with either party.
The invitation list also covers current and former members of the boards of trustees of APGA and APC from Anambra State, coordinators of Tinubu support groups, and serving local government chairmen, secretaries, women leaders and youth leaders of the two parties.
Elected councillors, ward chairmen of APGA and APC, as well as members of the state working committees of the Accord Party and the Peoples Democratic Party (PDP), are also listed among the invitees.
The announcement further stated that selected stakeholders nominated by the state chairmen of APGA and APC, alongside individuals nominated by the state coordinator of the Presidential Campaign Council, would attend the meeting.
It explained that the notice was intended to ensure that all eligible stakeholders were informed of the gathering, adding that anyone who falls within the specified categories would be deemed invited.
The joint meeting is expected to provide a platform for the two parties to coordinate their political activities in Anambra State ahead of the 2027 presidential election.
Strengthen the headline and opening
Trim the lengthy invitation list
Make the report more neutral

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2027: Minister Udeh to Unveil ‘ATM’ Political Group for Tinubu, Mbah’s Re-election

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…Unveils 17 Buses for Grassroots Mobilisation

…Expresses Confidence in Tinubu, Mbah’s Victory

Nigeria’s Minister of Innovation, Science and Technology, Dr. Kingsley Tochukwu Udeh, SAN, is set to unveil his grassroots mobilisation and political support group, As Tinubu and Mbah Move (ATM), ahead of the 2027 general elections.

The minister has also expressed confidence in the re-election of President Bola Tinubu and Enugu State Governor Peter Mbah.

Udeh disclosed this on Wednesday, October 21, 2026, during a strategy meeting at the group’s secretariat, where he unveiled 17 branded Toyota buses to support the movement’s grassroots mobilisation ahead of the elections.

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Addressing members, the Senior Advocate of Nigeria urged them to work towards securing victory for the All Progressives Congress (APC), particularly in the presidential and governorship elections.

He said the buses were provided to facilitate mobilisation and strengthen the movement’s presence across communities, wards and polling units.

Expressing confidence in the electoral prospects of Tinubu and Mbah, Udeh said the movement must distinguish itself from political groups that generate publicity without translating their activities into electoral gains.

“I want this group to be different so that it will not end in noise-making. The aim is to make APC win from top to bottom, especially the President and the Governor,” he said.

He charged members to take responsibility for delivering their respective polling units and wards, stressing that grassroots engagement remained crucial to electoral success.

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“Politics is local. Everybody should work to ensure that APC wins in their respective wards and polling units,” he added.

Udeh explained that ATM was established to provide members with a platform to connect with political leaders and contribute to the activities of the party.

According to him, active participation in grassroots mobilisation could also create opportunities for members to engage government officials and seek assistance in addressing challenges facing their communities.

The minister, who described himself as not being a career politician, said integrity and the fulfilment of commitments were central to his dealings with people.

He also pledged to spend more time in the South-East during the campaign period to coordinate the movement’s activities.

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Earlier, the ATM Coordinator, Igboke Onyebuchi, said the meeting was convened to establish and ratify the movement’s structures ahead of the planned commencement of local government-level mobilisation in November.

Onyebuchi described ATM as a political movement rather than an ordinary group, explaining that some members were motivated by their desire to support Governor Mbah and acknowledge his role in Udeh’s ministerial appointment.

“We are doing this to support the governor for giving such a smart young person the opportunity to be a minister. This has not happened in recent times,” he said.

He explained that the movement comprised community mobilisers, union leaders and individuals from the civic space, many of whom were not career politicians but were willing to contribute to the political process.

According to him, ATM plans to adopt an innovative, community-based approach to mobilisation, focusing on reaching rural residents and strengthening the APC’s existing grassroots structures.

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He added that a community map had been developed to guide the movement’s engagement with residents.

Onyebuchi thanked Udeh for providing members with a platform to participate in the political process, expressing hope that the movement would encourage greater political opportunities for young people with strong professional and intellectual backgrounds.

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One Feared Dead, Several Injured as Thugs Attack Ebonyi NDC Assembly Candidate, Burn Campaign Vehicle

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…Ebonyi Democratic Movement Blames Police Commissioner, Demands Immediate Redeployment

The campaign convoy of the National Democratic Congress (NDC) candidate for Ezza South State Constituency in the Ebonyi State House of Assembly, Barr. Rollins Offia Nwali, has reportedly come under armed attack at two separate locations in Amaezekwe Community, Ezza South Local Government Area of Ebonyi State, leaving one person feared dead and several others injured.
The attackers, suspected to be political thugs, also reportedly set ablaze a 2024 Toyota Hilux vehicle belonging to the campaign convoy.
According to preliminary accounts, trouble began when Nwali, who was scheduled to meet with his polling unit canvassers, received information that some government officials allegedly accompanied by armed hoodlums had stormed the meeting venue.
The officials reportedly warned that they had received orders from above to prevent opposition candidates from holding campaign activities during the swearing-in ceremonies of local government chairmen in the state.
Sensing danger, Nwali reportedly directed his convoy to turn back a few metres from the venue.
However, suspected political thugs riding motorcycles and tricycles allegedly opened fire on the convoy, resulting in an exchange of gunfire involving security personnel, including operatives of the Department of State Services (DSS) attached to the candidate.
About five persons reportedly sustained gunshot injuries, while one person was feared killed during the confrontation.
The casualty figures could not be independently verified.
In another attack a few metres away, a separate group of suspected hoodlums, reportedly operating in a Mercedes-Benz vehicle and tricycles, allegedly intercepted the retreating convoy, opened fire and set one of its Toyota Hilux vehicles ablaze.
A state government appointee was accused of leading the second group of attackers.
Reacting to the development, Chairman of the Ebonyi Democratic Movement, Chief Emmanuel Igwe Chidi, condemned the incident and accused the Ebonyi State Commissioner of Police of failing to address what he described as recurring political violence against opposition figures in the state.
Igwe alleged that the failure of the police to prosecute individuals previously implicated in electoral violence, despite several petitions submitted to the state command and the Inspector-General of Police, had emboldened suspected political thugs.
He recalled that the movement had earlier organised a nationwide protest over alleged persecution of opposition members and the deteriorating security situation in Ebonyi State.
The EBM chairman consequently called on the Inspector-General of Police to immediately redeploy the Ebonyi State Commissioner of Police, arguing that the measure had become necessary to restore public confidence in the neutrality of the police ahead of the 2027 general elections.
He also demanded a comprehensive investigation into the Amaezekwe attacks, insisting that all those found culpable must be identified and prosecuted irrespective of their political affiliations or positions in government.
Igwe further urged security agencies to guarantee adequate protection for opposition candidates and their supporters, stressing that no government official or political interest has the authority to prevent citizens from exercising their constitutional rights to political participation.
He warned that democracy would be endangered if political competition was allowed to degenerate into intimidation, gunfire and destruction of property rather than being determined through the ballot box.
The allegations against government officials and the police, as well as the circumstances surrounding the reported death, remain unverified. The accounts provided did not include responses from the Ebonyi State Government or the Police Command.
Separate reported facts from allegations
Tighten the casualty and attack sequence
Use a more legally cautious headline

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