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Nigeria Would’ve Been Bankrupt If We Hadn’t Taken Actions – Tinubu

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President Bola Tinubu articulated on Thursday the rationale behind his administration’s economic reforms, saying the primary motive was protecting the interests of future generations.

The President said this at the State House in Abuja while receiving a delegation of former National Assembly colleagues from the aborted Third Republic, during which he served as a Senator representing Lagos West.

“For 50 years, Nigeria was spending money of generations yet unborn and servicing the West coast of our subregion with fuel. It was getting difficult to plan for our children’s future,” Tinubu was quoted to have said in a statement by his media aide, Bayo Onanuga.

He highlighted the challenges faced at the beginning of his administration, especially economic and social issues, and expressed his gratitude for the delegation’s support in addressing these difficulties.

“We faced serious headwinds when I took over, very challenging times. Nigeria would have been bankrupt if we had not taken the actions that we took, and we had to prevent the economy’s collapse. President Tinubu declared that the administration had been able to stem the tide and expressed appreciation to Nigerians for their collective support in turning things around.

“Today, we are sitting pretty on a good foundation. We have reversed the problem; the Exchange rate is stabilising. Food prices are coming down, especially during Ramadan. We will have light at the end of the tunnel.”

He said firm adherence to democratic tenets is the best route to economic, social, and political development.

“I am happy that you are holding to your belief in democracy. I thank you for keeping faith and remembering how we started. Some people missed the ball. “Some leadership failed, but we kept the faith with our democratic beliefs and freedom and the right to aspire to the highest office in the land. I am benefitting from it.”

Senator Emmanuel Chiedoziem Nwaka, who spoke on behalf of the group, expressed his delight at some of the programmes that the Tinubu administration had implemented, especially the Nigerian Education Loan Fund (NELFUND) and the Nigerian Consumer Credit Corporation (CREDICORP) and at what the two organisations were offering Nigerians.

“I appreciate you for what you are giving to students because the student population is the largest demographic in the country. I’ve spoken with many of them, and many have benefited from it.

“And the next one is the CREDICORP. That’s a major way of fighting corruption. You see a young man, you come out of school, you want to buy a car, you have to put down cash, you want to buy a house, and you are not married, but with the CREDICORP, you can get things done. I’m following their activities; we are delighted,” he said.

Other members of the delegation were Sen. Bako Aufara Musa, Hon. Terwase Orbunde, Hon. Wasiu Logun, Hon. Amina Aliyu, High Chief Obi Anoliefo and Hon. Eze Nwauwa.

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Coalition held crucial nocturnal meeting on how to oust Tinubu – El-Rufai

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Embittered former Governor Nasir El-Rufai says he and other opposition figures held a nocturnal meeting on how to oust President Bola Tinubu from office in the 2027 presidential election.

Mr El-Rufai, formerly of the All Progressives Congress and a one-time ally of Mr Tinubu, recently defected to the Social Democratic Party.

He said his main goal was to ensure the incumbent did not win his reelection bid come 2027.

Mr El-Rufai stated this at the Arewa TechFest in Katsina on Wednesday.

“Yesterday at 8:00 p.m., there was a very important meeting of the coalition we’re putting together to ensure that President Tinubu goes back to Lagos,” Mr El-Rufai said.

The former Kaduna governor added, “Though we will still keep Bosun Tijani. We will still keep the minister because he is doing good work.”

In March, when he defected to the SDP, Mr El-Rufai vowed to lead a coalition to challenge Mr Tinubu in the 2027 election.

The former Kaduna governor fell out with Mr Tinubu when he did not get a ministerial nod.

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You Are A Political Liability, We Don’t Need Your Validation – PDP Fires Back At Babachir Lawal

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The Peoples Democratic Party, PDP, has in strong terms rejected comments made by former Secretary to the Government of the Federation, Babachir Lawal.


It dismissed his critique of the party as ‘misguided, politically bitter, and irrelevant.’

The PDP stated that it neither seeks nor requires Lawal’s validation to shape its future or Nigeria’s political direction.


This came on Wednesday in Abuja, where the Acting National Chairman, Umar Damagum, through his Special Assistant on Media and Communications, Yusuf Dingyadi, addressed Lawal’s remarks.

Recall that during an appearance on Arise Television’s ‘The Morning Show’, Lawal had described the PDP as having an ‘incurable virus’ and declared it a no-go area for any opposition coalition ahead of the 2027 general elections.

In a rebuttal, the PDP said, “While Mr. Lawal is entitled to his personal opinions, we wish to make it categorically clear that the PDP does not seek, nor is it begging, for his support or validation in shaping the future of our party or the political direction of this country.”


The opposition party stressed its status as Nigeria’s most experienced, nationally rooted and enduring political party, capable of weathering storms and rescuing the country from the failings of the current administration.

The party equally questioned Lawal’s political relevance, noting that his tenure in public office is remembered more for controversies than for impactful contributions.

“The same cannot be said of Mr. Babachir Lawal, whose tenure in public office is remembered more for controversies than for impact.


“Rather than being an asset, his political antecedents portray him more as a liability to any serious political project,” Damagum said.

The PDP reaffirmed its focus on rebuilding, reuniting and repositioning itself for victory in 2027, emphasizing its openness to constructive alliances based on shared values and institutional integrity.

It dismissed Lawal’s comments as a desperate attempt to remain relevant in national discourse and urged its members, supporters, and the general public to ignore them.


The party reiterated its commitment to restoring hope, rebuilding the nation, and reclaiming leadership for the benefit of all Nigerians.

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Jonathan hails past National Assembly for standing up to presidents

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Former Nigerian President Goodluck Jonathan has reflected on a time when Nigeria boasted a vibrant National Assembly, capable of overriding presidential vetoes on important bills.

Jonathan made these remarks on Wednesday evening at the Champions of Nigerian Content Awards Dinner, organised by the Nigerian Content Development and Monitoring Board in Yenagoa, Bayelsa State.

Honoured with the Nigerian Content Lifetime Achievement Award, Jonathan recalled his eagerness to sign the Nigerian Oil and Gas Industry Content Bill into law. He noted that the bill, sponsored by Senator Lee Maeba of Rivers State and others, was a product of a truly dynamic legislature.

“When I was acting President in 2010, and the National Assembly presented the bill, I promptly signed it and we quickly established a monitoring body. Someone like Lee Maeba, the bill’s originator, and his group also deserve recognition. That was a period when the National Assembly truly lived up to its name,” Jonathan said.

He further highlighted the Assembly’s assertiveness, recalling how it passed the Niger Delta Development Commission bill into law despite President Obasanjo’s reluctance to sign it.

“In 2000, the NDDC bill was also vetoed by the National Assembly. They overrode President Obasanjo’s refusal. Typically, in other countries, it is the President who vetoes bills.

“But in Nigeria, during the law-making process, it is the National Assembly that can exercise the veto. If the President does not assent to a bill within 30 days, the National Assembly can reconvene and, with a two-thirds majority calculated by headcount, not voice vote—enact the bill into law.


“That is how the NDDC Act came into being, thanks to a truly vibrant National Assembly.

“I would like to use this opportunity to commend Lee Maeba and his team,” Jonathan concluded

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