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Just In: Buhari Writes Reps, Seeks Fresh $5.5bn Loan

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Nepotism: Fani-Kayode, Odumakin, Adebanjo Back Rev Kukah;s Summation On Buhari's Administration

President Muhammadu Buhari has written to the House of Representatives, seeking approval for a fresh loan of $5.513 billion.

In a letter read by Speaker of the House of Representatives, Femi Gbajabiamila, at the plenary on Thursday, the president said the loan was to finance the 2020 budget deficit, financing of critical projects, and supporting some states of the federation.

The president also presented a revised 2020 Appropriation Bill and 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The house had earlier in May given approval for the president to borrow N850 billion for the government. The Senate earlier approved the N850 billion in April.

That N850 billion loan, according to the Debt Management Office, was not new but a conversion of a planned external loan to domestic borrowing.

Another loan of $22.79 billion, which the Senate has already approved, is pending before the House.

Details later…

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Kwankwaso meets Obi in Abuja, calls for tolerance, sacrifice in NDC

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Former Kano State Governor and vice presidential candidate of the Nigerian Democratic Congress, NDC, Rabiu Musa Kwankwaso on Friday met with the presidential candidate of the NDC, Mr Peter Obi, at his Abuja residence.

Kwankwaso disclosed this in a post via his X handle on Saturday, stating that the meeting was focused on productive discussions on key partisan and national issues.

He said“Yesterday, I had the honour of hosting my brother and partner, His Excellency Peter Obi, at my residence in Abuja.

“I warmly welcomed him back from his highly productive international trip, and we engaged in frank and productive discussions on key partisan and national issues.

“Our party, the National Democratic Congress (NDC), remains united. As leaders, we must continue to demonstrate maturity by making the necessary sacrifices and tolerating our differences in pursuit of our shared goal.

“We are resolute in this mission, and together, we shall ensure that Nigeria is OK.

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Amaechi Finally Accepts Offer, Set to Be Announced as Atiku’s Running Mate

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By Augustine Akhilomen

The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has selected the former Minister of Transportation, Chibuike Rotimi Amaechi, as his running mate for the upcoming election.

The development was confirmed on Saturday.

The immediate past Chairman of the ADC in Rivers State, Leader Sampson, confirmed the development on Saturday.

When asked directly whether Amaechi had accepted the nomination to serve as vice-presidential candidate, Sampson simply replied, “Yes,” according to a Daily Post report.

The selection follows the recent ADC presidential primary election, a direct primary involving over 2.5 million votes cast from the party’s 3.1 million registered members. In that contest, Atiku emerged as the standard-bearer after securing a landslide victory with 1,855,787 votes, defeating Amaechi, who polled 509,397 votes, and businessman Mohammed Hayatu-Deen, who garnered 180,903 votes.

Prior to the primary election, Amaechi had publicly stated that he did not purchase the ADC presidential expression of interest and nomination forms with the intention of becoming a vice-presidential candidate.

Following the conclusion of the voting process, Amaechi and Hayatu-Deen challenged the transparency of the exercise, alleging that the internal process had been manipulated in favour of Atiku.

However, a political breakthrough reportedly crystallized following a recent reconciliation visit by Atiku to Amaechi’s residence shortly after the primaries.

During the meeting at the Transcorp Hilton in Abuja, Atiku allegedly appealed for party unity and explicitly urged Amaechi and Hayatu-Deen to join him in building a formidable front to save Nigeria’s democracy, emphasizing that the primary was a collective effort rather than a battle of winners and losers. Nigerian travel guide

With Amaechi’s reported acceptance of the position, the ADC leadership is expected to make an official joint announcement to the public soon.

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2027: We’re focused on taking Aso Rock – NDC dismisses ‘crisis’ reports

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The Nigeria Democratic Congress, NDC, has said it is focused on taking over Aso Rock in 2027.


The party made the assertion in a statement posted on its verified X handle on Friday.

The statement insisted that there is no crisis in the party as widely reported.


This is coming after the national leader of the party, Seriake Dickson, on Friday held a closed-door meeting with the presidential candidate, Peter Obi.

“There are no issues in the NDC.
We are focused on taking Aso Rock,” the statement said.


Speaking on the meeting with Obi, Dickson said they reviewed activities of party and discussed recent issues that have been a source of concern to all sides.

He said all the issues were amicably resolved.

According to him, the party’s members would continue to consult and engage with one another to address and resolve all concerns and strengthen their unity

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