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Tinubu’s first anniversary gift: FG plans fresh cash transfer to 75 million Nigerians

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The Federal Government on Tuesday said it had reinstated the suspended social investment programme, disclosing the scheme would provide direct payments to 75 million Nigerians in 50 million households to reduce the suffering of citizens, especially vulnerable groups.
It stated that the cash transfer programme was overhauled to tackle fraud.The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, announced this at the ministerial sectoral briefing to mark the first year in office of the President Bola Tinubu administration in Abuja.

On January 12,  Tinubu suspended all the programmes administered by the National Social Investment Programme Agency for six weeks, as part of a probe of alleged malfeasance in the management of the agency and the scheme.

The president also suspended Betta Edu as the minister of Humanitarian Affairs and Poverty Alleviation on January 8. Edu’s ministry supervises the operations of the NSIPA.

The intervention programmes affected include the N-Power, the conditional cash transfer scheme, the government enterprise and empowerment programme, and the home-grown school feeding initiative.

On March 13, the House of Representatives asked the federal government to resume the implementation of the suspended social investment initiatives.

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To revamp the programme, Tinubu approved the establishment of a Special Presidential Panel, led by Edun to carry out an intensive review and audit of the existing financial frameworks and policy guidelines of the social investment programmes.

Giving an update on the steps taken by the committee at the briefing, the finance minister stated that the government had decided to restart the programme to provide succour for poor Nigerians.

Edun said, “I am duty-bound to give you an overview of the strategy, policies, and implementation of Mr President’s reform programme. Immediately upon assuming office, Mr President launched macroeconomic reforms to restore stability to the Nigerian economy, including subsidy reforms and foreign exchange market reforms. These reforms caused a spike in costs for individuals and businesses, but Mr President is committed to counterbalancing the negative effects with interventions across the social spectrum.

“The government has restarted the social investment program, providing direct payments to 75 million Nigerians in 50 million households. Access to credit has been improved, with N1bn allocated to consumer credit and grants of 50,000 Naira being given to 1 million nano industries.”

Food inflation

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The National Bureau of Statistics in its April CPI report, said Nigeria’s 33.69 per cent inflation rate was largely driven by food inflation which stood at 40.53 per cent in April, 2024.

Nigerians have continued to lament the steady rise in the prices of goods and services partially fuelled by the removal of petrol subsidies.

But, the minister said with 30 per cent of the world affected by issues of food security, agriculture would play a critical role in addressing global food insecurity.

He stated, “Food security is a worldwide issue, affecting 30 per cent of the world’s active population, and Nigeria is no exception. As I mentioned earlier, agriculture is critical, and success in this area is crucial. Efforts are being redoubled, with N200bn provided by the Ministry of Finance towards an intervention program.

“Just today (Tuesday), we met with the social investment prudential panel and development partners to discuss the President’s emergency plan for food security. We talked about advancing this issue and providing food, nutrition, and security, and this area will receive more attention in the coming weeks. The economy is growing at 2.98 per cent in the first quarter of this year, higher than the population growth rate and last year’s growth rate. Agriculture has the potential to help move the economy forward and reduce inflation.”

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Speaking further, the minister stated that the federal government had initiated direct payments to contractors, suppliers, and vendors engaged by the government, evidently aiming to curb corruption in business dealings.

He explained that this measure would guarantee the prudent and accountable expenditure of the nation’s wealth.

Edun also revealed that the government was set to roll out an Economic Emergency Plan that would be implemented in the next six months. The plan, he explained, would help stabilise the economy and set the country on the path of growth.

He explained, “A system of payment has been implemented to ensure that Nigeria’s money is spent wisely and accountably. The government has played a role in helping states in attracting cheap funding and processing projects at the community level. Nigeria’s international credit rating has improved, with Moody’s and Fitch increasing and improving Nigeria’s rates to positive.

“The government is committed to counterbalancing the negative effects of economic reforms with interventions across the social spectrum. Infrastructure is key to growing the economy, building employment, and creating multiplier effects throughout the economy. A fund has been set up to provide institutional long-term funds to support housing construction and low-interest mortgages for the average Nigerian and we are working to attract cheap funding for states and process projects at the community level.”He added, “And as it was mentioned earlier, the pivot thing to CNG is a government policy not just for vehicles but for generators. They have to be either CNG-fueled or solar-based or electric vehicles.
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“That is the new incentive structure. And it continues also in the oil and gas sector. There has just been a new set of incentives that are encouraging new investments. We expect $7bn worth of investment that has been sitting on the sideline to now come; similarly, in other sectors.

“A stable, growing economy attracts investment that increases productivity, grows the economy further, creates jobs and reduces poverty. That is the trajectory that Nigeria is now on.”

Speaking on economic reforms, the finance minister announced that Nigeria has sufficient resources to pay its debts, both domestically and internationally, without strain.

According to him, this is a significant improvement from the previous situation where the government struggled to pay its way through implementing technological change procedures.

The minister said the revenue of the Federal Republic “has been totally revamped, rejuvenated, and increased substantially” due to the implementation of macroeconomic reforms and the restart of the social investment program.

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He said, “We met a situation where the government did not have enough money. The government was not able to pay its way through implementing technological change procedures, which does not just require the skill of the workforce but also the political will.

“However, we are now in a situation where the revenue of the Federal Republic of Nigeria has been revamped, related and increased substantially. What did mean is that the government can now pay its way the government is paid is debt service without resulting to Ways and Means, particularly into debt service, the obligations domestically are now being paid.”

This has put the government in a comfortable position to service its debts and meet its financial obligations.

Edun also highlighted the improvement in Nigeria’s international credit rating, with Moody’s and Fitch increasing and improving Nigeria’s rates to positive.

This, combined with the paying up of a $200m shareholding with the Islamic Development Bank, has built confidence and allowed Nigerians to take their rightful place at the table.

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“The process that has been put in place is one that we are mandated not just by Mr President, but even the National Assembly passing the 2024 budget insisted that Nigeria’s money that was in the hands of parastatals agencies, or other enterprises needed to be brought in properly and that has been done which puts the government now in a comfortable situation as we would like to where we pay our way domestically internationally.

“There is a whole host of debt that we met. We owe Islamic Development Bank $200m in shareholding, this is not in terms of loans but in terms of shareholding, our subscriptions. These were things that did not allow the confidence to be built and did not allow Nigerians to have that pride of place when they sit at a table when they travel and they owe money. All these are things of the past now,” he said.

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2027: Ebonyi Communities Endorse PDP Governorship Candidate Odii

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Residents from various communities in Afikpo Local Government Area of Ebonyi State have endorsed the governorship candidate of the Peoples Democratic Party (PDP), Mr. Ifeanyichukwuma Odii, as their preferred choice for the February 6, 2027 governorship election.
The endorsement was made on Wednesday during a gathering tagged “Street Endorsement for Odii” held in Afikpo.
Speaking at the event, the Ebonyi State PDP Women Leader, Mrs. Chinyere Nwele, described Odii’s governorship aspiration as timely and necessary, arguing that the state needed a leader with the competence and vision to drive development.
According to her, Odii possesses the capacity, integrity, experience, and contacts required to reposition Ebonyi State and improve the welfare of its citizens.
She urged residents to rally behind the PDP candidate, warning that the state risked further setbacks if leadership was entrusted to individuals lacking the requisite experience and commitment.
Also speaking, the PDP senatorial candidate for Ebonyi South Zone in the 2027 elections, Mrs. Maria Nwachi, called on residents to support Odii’s ambition and make effective use of their Permanent Voter Cards (PVCs) during the elections.
Nwachi, a former member of the Ebonyi State House of Assembly, described Odii as a leader who understands the challenges facing Ebonyians and has the capacity to address them.
She expressed confidence that the PDP candidate would bring transformational leadership to the state if elected.
The PDP House of Assembly candidate for Afikpo North-East Constituency, Mr. Iheukwumere Okogwu-Otu, described the endorsement as a significant step towards shaping the future of Ebonyi State.
He said the gathering reflected the confidence many residents have in Odii’s ability to provide purposeful leadership and address the state’s challenges.
Similarly, the PDP House of Assembly candidate for Afikpo North-West Constituency, Mr. Ewa Chukwumaijem, urged residents to support the PDP governorship candidate and ensure they obtain and safeguard their PVCs ahead of the election.
The event drew supporters from several communities across Afikpo, who pledged their backing for the PDP candidate as preparations for the 2027 governorship race gather momentum.

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Senator dumps APC, alleges injustice, internal crisis in ruling party   

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Senator Garba Maidoki, who represents Kebbi South Senatorial District, has defected from the ruling All Progressives Congress (APC) to the African Democratic Congress (ADC), citing persistent internal crises and what he described as injustice within the party.

The lawmaker formally announced his defection in a letter addressed to Senate President Godswill Akpabio and read on the floor of the Senate on Monday by Deputy Senate President Barau Jibrin, who presided over plenary.

In the letter, Maidoki said the lingering crisis within the APC had forced him to seek a new political platform.

“I am writing to inform Your Excellency, the President of the Senate, and the distinguished colleagues of my defection from the All Progressives Congress, APC, to the African Democratic Congress, ADC,” he stated.

Explaining the reason for his decision, the senator said the internal wrangling in the ruling party had become a major source of concern.

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“My decision is based on the lingering internal crisis of the APC that has made my political inspiration a source of concern,” he said.

Maidoki expressed confidence that the ADC would provide a more suitable platform to advance the interests of his constituents and contribute meaningfully to national development.

“I believe that the ideas of the ADC are better for the benefit of my senatorial district and Nigeria at large,” he added.

The Kebbi South senator also accused the APC of abandoning the principles of justice, peace and unity, particularly during the recently concluded party primary elections in the state.

“The All Progressives Congress (APC) has not exhibited its slogan as justice, peace, and unity, especially in Kebbi State during the just concluded primary elections,” he declared.

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Reaffirming his commitment to his new political platform, Maidoki said:

“It is in this regard, therefore, that I wish to inform you of my defection to the African Democratic Congress, which I believe guarantees my political aspiration.”

The defection marks another political setback for the APC as the ADC continues to attract high-profile politicians ahead of future electoral contests.

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Enugu High Court Receives OAU Onyema’s N20m Recovery Suit Against NDC, Dickson, Egwu, Others

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A legal battle has commenced at the Enugu State High Court following the filing of Suit No. E/619/2026 by Chief Sir OAU Onyema against the National Democratic Coalition (NDC), former Bayelsa State Governor Senator Seriake Dickson, Senator Moses Cleopas Zuwoghe, Barrister Ikenna Enekweizu, former Ebonyi State Governor Dr. Sam Ominyi Egwu, and First City Monument Bank (FCMB).
The plaintiff is seeking the recovery of N20 million, which he alleges was procured through misrepresentation, undue influence, and coercive inducement, resulting in what he described as unjust enrichment by the defendants.
According to court documents, the defendants have been given 42 days to file their defence. The plaintiff has also filed an application for summary judgment, urging the court to enter judgment in his favour without a full trial on the grounds that the defendants allegedly have no viable defence to the claims. The defendants were granted 14 days after service to respond to the motion.
In a 41-paragraph affidavit supported by 12 exhibits, the plaintiff detailed the basis of his claims and requested an order compelling the defendants, jointly and severally, to refund the N20 million allegedly paid into Account No. 1046691859 belonging to the first defendant and domiciled with FCMB.
As part of the summary judgment application, the plaintiff is also seeking an order freezing the account pending the determination of the substantive suit if the court declines to grant immediate judgment.
In the substantive action, the plaintiff seeks declarations that the N20 million payment was obtained through misrepresentation, undue influence and coercive inducement, and that the defendants’ continued retention of the funds amounts to unjust enrichment.
He is further asking the court to award N5 million as special damages for litigation costs, N200 million as general damages for alleged psychological trauma, embarrassment, hardship and inconvenience, and interest on the disputed sum at the rate of 10 per cent per month from June 2, 2026, until full repayment.
The matter has been tentatively adjourned to July 2, 2026, for returns on court assignment and the fixing of further hearing dates.
Further details of the proceedings are expected as the case progresses.

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INEC Clears Seven Candidates for Enugu North Senatorial By-Election

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The Independent National Electoral Commission (INEC) has released a revised final list of candidates for the June 20, 2026 Enugu North Senatorial District by-election, approving seven candidates from different political parties to contest for the vacant Senate seat.
The updated list significantly expands the race, following the commission’s earlier publication which featured only three candidates from the All Progressives Congress (APC), Peoples Democratic Party (PDP), and Boot Party (BP).
The initial exclusion of candidates from several parties, including the Labour Party (LP) and National Democratic Congress (NDC), generated controversy and prompted legal and political reactions across the senatorial district.
The Labour Party had approached the court to challenge the omission of its candidate from the election. However, following the inclusion of its flag bearer in the revised list, the party reportedly withdrew the suit.
According to INEC’s final notice, the candidates cleared to participate in the by-election are Chika Idoko Emmanuel (ADC), Asogwa Ikeje Israel (APC), Aneke Kingsley Chukwuebuka (BP), Eze Ejike Simon (LP), Ossai Elias Okwudili (NDC), Ezeme Nestor Chika (PDP), and Ugwuanyi Charles Ugochukwu (PRP).
The revised list brings four additional political parties into the contest, broadening the field and offering voters more options ahead of the election.
Political observers and stakeholders have welcomed the development, describing it as a step toward a more inclusive and competitive electoral process.
The by-election is scheduled to hold on June 20 across the six local government areas that make up Enugu North Senatorial District: Nsukka, Igbo-Eze North, Igbo-Eze South, Udenu, Uzo-Uwani, and Igbo Etiti.
INEC’s records show that Eze Ejike Simon of the Labour Party, aged 67, is the oldest candidate in the race, closely followed by Ossai Elias Okwudili of the NDC, who is 66.
The youngest contender is Aneke Kingsley Chukwuebuka of the Boot Party at 39 years, while Chika Idoko Emmanuel of the ADC is 41.
Other candidates include APC’s Asogwa Ikeje Israel, aged 56; PDP’s Ezeme Nestor Chika, aged 55; and PRP’s Ugwuanyi Charles Ugochukwu, also 55.
The commission further disclosed that all seven candidates contesting the by-election are male.
With the publication of the final list, political parties are expected to intensify campaigns in the final days before the poll, which will determine who represents Enugu North Senatorial District in the Senate for the remainder of the current tenure.

Credit: Nation

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Mark warns FG against political manipulation as A’Court reverses ADC deregistration  

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Following the Court of Appeal’s decision to reverse the deregistration of the African Democratic Congress and four other parties on Monday, ADC National Chairman Senator David Mark stated the judiciary is on trial and warned the Federal Government against political manipulation.

Stakeholders also called for sanctions against Justice Peter Lifu for flouting a superior court order, as the ADC assures supporters they will remain on the ballot.

Political parties and stakeholders affected by the Federal High Court’s controversial deregistration order welcomed the Court of Appeal’s decision to stay the execution of the judgment.

The Court of Appeal in Abuja had on Tuesday ordered a stay of execution of the judgment that directed the Independent National Electoral Commission to deregister the ADC, Action Peoples Party, Action Alliance, Accord Party and Zenith Labour Party, while delivering a stinging rebuke to Justice Lifu for flouting a May 22 appellate court order restraining him from delivering the ruling.

In a unanimous decision on Tuesday, a three-member panel led by Justice A. B. Mohammed condemned Justice Lifu of the Federal High Court in Abuja for flouting a May 22 order that directed him to suspend proceedings before him, describing his conduct as the gravest form of judicial misconduct.

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“The decision of the lower court to proceed with the judgment despite the express order of this court is a brazen violation of the hierarchy of the court and the 1999 Constitution,” the panel held.

The appellate court went further, invoking a Supreme Court precedent to characterise Justice Lifu’s conduct in the harshest terms.

“The decision of the lower court to proceed with the judgment despite the express order of this court is the highest form of judicial impertinence,” the panel declared, adding that the Supreme Court had previously held that a judge who acted in such a manner “is unfit for the bench as it amounts to judicial rascality.”

The court said it had a duty to assert its supervisory authority over lower courts and protect the integrity of the judicial hierarchy.

“Courts are enjoined to protect their integrity. This court has supervisory authority over the trial court. This court has the duty to invoke its powers in ensuring that its orders are obeyed. The application for stay of execution is hereby granted. The enforcement of the judgment is stayed,” the panel ruled.

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The Federal High Court in Abuja, presided over by Justice Lifu, had on Monday ordered INEC to deregister the ADC, Accord Party, Action Alliance, Action Peoples Party and Zenith Labour Party, ruling that the five parties failed to meet the constitutional performance thresholds under Section 225A of the 1999 Constitution, specifically, requirements related to securing at least 25 per cent of votes in certain states or winning seats in the 2023 general elections.

Earlier in Tuesday’s proceedings, INEC told the appellate court it was stunned by Justice Lifu’s decision to deliver the judgment, disclosing that the commission only learned of the ruling through media reports rather than any official notification.

INEC’s lead counsel, Mr Haliru Mohammed, told the panel that the commission had been aware of the appellate court’s May 22 order restraining the lower court from delivering the judgment, which had originally been reserved for June 5.

“We were not aware of any notice from the court regarding the delivery of the judgment. We only saw it as breaking news in the media. We therefore do not oppose the application of the appellant to stay the execution of the judgment,” Mohammed submitted.

The commission also aligned itself with the notice of appeal filed by the affected political parties.

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Counsel to the ADC, Mr Shuaibu Aruwa, SAN, told the court that Justice Lifu communicated the judgment’s delivery to the party via WhatsApp, a disclosure that drew visible reactions from the bench.

Aruwa described the lower court’s conduct as an invitation to anarchy and urged the appellate court to invoke its disciplinary jurisdiction under Section 6 of the 1999 Constitution to sanction the judge.

“The action of the trial judge calls for swift and extraordinary measures from this court. We have come to the stage where this court should press the reset button.

“We urge this court to take disciplinary steps by immediately suspending that judgment. This court has the power to protect its own integrity. We pray this court suspends the judgment immediately without further delay,” he added.

APC reacts

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Reacting to the appellate court’s decision,  the ADC’s National Publicity Secretary, Bolaji Abdullahi, said the ruling offered a measure of hope for the judiciary’s credibility, though he was careful not to celebrate unreservedly.

“It indicates that the judiciary may still redeem itself. We are cautiously delighted but we insist that it shouldn’t have happened in the first place,” Abdullahi said in a telephone interview.

He called on the National Judicial Council to take urgent steps to rid the bench of judges whose conduct brought the institution into disrepute.

“We, therefore, hope that the judicial council will take urgent steps to purge the bench of judges who bring the judicial institution to disrepute,” he said.

The National Leader of the Action Peoples Party, Ikenga Ugochinyere, was more emphatic in his welcome of the ruling, describing it as a vindication of the party’s position from the outset and calling on the NJC to weed out what he termed controversial judges.

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“There was no need to panic in the first place, and, so, this ruling is a vindication of our position from the get-go,” Ugochinyere said.

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