Headline
Tinubu hails economic gains, pledges deeper reforms and security push in New Year message
President Bola Ahmed Tinubu has said Nigeria is entering “a more robust phase of economic growth” in 2026, citing easing inflation, stronger foreign reserves and renewed investor confidence as evidence that his administration’s reforms are beginning to yield results.
In his New Year goodwill message to Nigerians on Wednesday, Tinubu said 2025 closed on a “strong note” despite global economic headwinds, adding that the government would focus in the new year on consolidating gains and ensuring that the benefits of reform reach households across the country.
According to the President, Nigeria recorded consistent quarterly GDP growth in 2025, with annualised growth expected to exceed four per cent. He said inflation declined steadily to below 15 per cent, meeting the government’s target, while trade surpluses and greater exchange rate stability were maintained.
Tinubu also pointed to strong performance in the capital market, noting that the Nigerian Stock Exchange posted a gain of 48.12 per cent in 2025, extending a bullish run that began in the second half of 2023.
On external buffers, the President said Nigeria’s foreign reserves stood at $45.4bn as of 29 December 2025, describing this as a “substantial buffer” against external shocks to the naira. He added that foreign direct investment rose sharply in the third quarter of 2025 to $720m, from $90m in the previous quarter, reflecting renewed investor confidence and positive assessments from international credit rating agencies.
Turning to fiscal policy, Tinubu said his administration would intensify tax reforms in 2026, with a focus on harmonising taxes across all tiers of government to reduce multiple taxation and ease the burden on citizens and businesses. He said moderating inflation and interest rates would create more fiscal space for infrastructure and human capital investment.
The President also addressed security, acknowledging continued threats from terrorist and criminal groups. He confirmed that, in collaboration with international partners including the United States, Nigerian forces carried out strikes against terrorist targets in parts of the North-West on 24 December, with sustained operations ongoing in the North-West and North-East.
In 2026, he said, security and intelligence agencies would deepen cooperation with regional and global partners, while the government would continue to explore decentralised policing and regulated forest guards as part of efforts to tackle banditry and terrorism.
On social development, Tinubu said the government would accelerate the Renewed Hope Ward Development Programme, with a target of empowering at least 10 million Nigerians by supporting at least 1,000 people in each of the country’s 8,809 wards. He said agriculture, trade, food processing and mining would be prioritised to stimulate local economies, alongside continued investment in infrastructure, including roads, power, ports, railways, healthcare and education.
The President ended his address with a call for unity, urging Nigerians to support nation-building efforts and uphold patriotism and integrity in the year ahead.
“I wish you all a peaceful, productive and prosperous New Year,” he said. “May God continue to bless and protect our beloved country.”
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Headline
Senegal down Morocco in extra time to claim 2025 AFCON Title
Senegal won their second ever African Football Cup of Nations (AFCON) trophy on Sunday, beating hosts Morocco 1-0.
The game’s only goal came at the fourth minute of extra time, when Papa Gueye’s decisive kick landed the ball in the top-right corner of the goal.
Details later…
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Alleged Forgery: FG Files Criminal Charges Against Ozekhome Over UK Property Case
The Federal Government has filed a criminal charge against a Senior Advocate of Nigeria (SAN), Mike Ozekhome, over alleged forgery and use of false documents in a disputed property case in the United Kingdom.
Ozekome, 68, is being prosecuted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), a document obtained by Channels Television on Sunday revealed.
The three-count charge was filed before a Federal Capital Territory (FCT) High Court in Abuja on Friday by ICPC’s Head of High Profile Prosecution Department, Osuobeni Akponimisingha, and Assistant Chief Legal Officer, Ngozi Onwuka, on behalf of the Attorney-General of the Federation, Lateef Fagbemi.
The senior lawyer is accused of knowingly presenting forged documents, including a Nigerian passport, to support his claim of ownership of a property located at 79 Randall Avenue, London NW2 7SX, during proceedings before the London First-Tier Tribunal.
The alleged offences were committed sometime in August 2021 in the Maitama area of the nation’s capital, within the jurisdiction of the FCT High Court.
The charge sheet shows three counts, bordering on giving false information, use of forged documents, and attempting to deceive a public authority.
The first count alleges that sometime in August 2021, he directly received House 79 Randall Avenue, London, purportedly given to him by one Shani Tali in a transaction the ICPC says constitutes a felony under the Corrupt Practices and Other Related Offences Act, 2000.
The second count accuses the senior lawyer of “making a false document,” a Nigerian passport bearing number A07535463 in the name of Mr Shani Tali, with the intent to support a claim of ownership of the London property. This charge is filed under the Penal Code of the Federal Capital Territory.
In the third count, Ozekhome is accused of “dishonestly” using the allegedly false passport as genuine to support the property ownership claim when he had reason to believe the document was false.
The Counts
Count One: That you Chief Mike Ozekhome, SAN (M) ‘68yrs’ of No. 53, Nile Street, Maitama, Abuja, sometime in August, 2021 or thereabout at a place outside Nigeria i.e. London, within the jurisdiction of this Honourable Court, directly received House 79 Randall Avenue, London NW2 7SX purportedly given to you by one Mr. Shani Tali, an act you knew constitutes a felony and you thereby committed an offence contrary to Section 13 and punishable under Section 24 of the Corrupt Practices and Other Related Offences, Act, 2000.
Count Two: That you Chief Mike Ozekhome, SAN (M) ‘68yrs’ of No. 53, Nile Street, Maitama, Abuja, sometime in August 2021 or thereabout at Abuja within the jurisdiction of this Honourable Court, while being a legal practitioner and Senior Advocate of Nigeria did make a false document, to wit: Nigeria passport A07535463 bearing the name of Mr. Shani Tall with intent to use same to support claim of ownership of property known and described as “79 Randall Avenue, London NW2 7SX with intent to commit fraud and you thereby committed an offence contrary to Section 363 and punishable under Section 364 of the Penal Code CAP 532 Laws of the Federal Capital Territory Abuja, 2006.”
Count Three: That you Chief Mike Ozekhome, SAN (M) ‘68yrs’ of No. 53, Nile Street, Maitama, Abuja, sometime in August 2021 or thereabout at Abuja within the jurisdiction of this Honourable Court, while being a legal practitioner and Senior Advocate of Nigeria dishonestly used as genuine a false “Nigeria passport A07535463 bearing the name of Mr. Shani Tali to support claim of ownership of property known and described as “79 Randall Avenue, London NW2 7SX when you had reason to believe that the said document was false and you thereby committed an offence contrary to Section 366 and punishable under Section 364 of the Penal Code CAP 532 Laws of the Federal Capital Territory Abuja, 2006.
The senior lawyer has yet to comment officially on the fresh charges.
Witnesses
However, the Federal Government listed several witnesses it intends to call during the trial, including its investigators and a representative of the Nigerian Immigration Service (NIS).
Documents to be tendered as exhibits include the judgment of the London First-Tier Tribunal, extra-judicial statements, letters from relevant authorities, and passport data relating to Shani Tali.
The case has yet to be assigned a trial date.
Property Dispute
Named in the property dispute are Ozekhome and the late Jeremiah Useni.
It was filed at the First-tier Tribunal (Property Chamber) Land Registration, UK, under case number REF/2023/0155, with Tali Shani as the applicant and Ozekhome as the respondent.
The property had been claimed by one ‘Ms Tali Shani on one hand and Ozekhome on the other.
Ozekhome had said he received the house as a gift from ‘Mr Tali Shani’ in 2021, while lawyers for ‘Ms Shani’ insisted she was the rightful owner.
A witness known as ‘Mr Tali Shani had testified in favour of Ozekhome, claiming that he had “Powers of Attorney” over the property and had transferred the property to the respondent (Ozekhome).
Mr Tali Shani asserted ownership of the property from 1993 and claimed he later appointed Useni as his property manager, describing Useni as an “elder friend and business partner”.
On the other hand, several documents, including an obituary announcement, NIN card, ECOWAS passport, phone number, etc were tendered by witnesses of Ms Tali Shani to claim ownership of the property.
However, the tribunal found all the documents tendered for Ms Tali Shani to be fake.
The tribunal subsequently dismissed all claims, ruling that neither “Mr” nor “Ms” Tali Shani existed and the real owner was Useni.
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Headline
PDP Breaks Silence On Asking Members To Contribute ₦10,000 To Fund Party Activities
By Augustine Akhilomen
The Peoples Democratic Party (PDP) has denied claims that it asked members to contribute ₦10,000 to fund electoral and other party activities.
The denial was contained in a statement on Sunday by the PDP National Publicity Secretary, Ini Ememobong, who accused the platform of making such claims against the party of sensationalizing its report.
The PDP spokesperson explained that the party, while responding to a question on how it intends to fund its political activities in the wake of recent defections by some governors, mentioned voluntary contributions by members and never placed a levy on members.
It accused the platform which published the news of placing a ₦10,000 levy on members of intentionally sensationalizing its headline.
Ememobong clarified that while the PDP believes in voluntary contributions, as a legitimate and time-tested model of grassroots political funding, the reference to ₦10,000 was purely illustrative, intended to demonstrate the collective strength of voluntary support, and not a directive, levy, or mandatory contribution.
The full statement reads: “The Peoples Democratic Party (PDP) has noted with concern a report published by a media platform, The Observer Times, under the misleading headline: “PDP Calls on Members to Contribute N10,000 Each in Bid to Fund Party Activities.” The headline is as false as it is misleading, and does not reflect the substance of what was stated.
“Although the body of the report correctly quoted remarks made during the interview, the headline represents either clickbait or a subjective interpretation of the interview. Other credible media organisations reported the same interview accurately, without resorting to sensationalism.
“For the avoidance of doubt, the following is a verbatim excerpt of the response given to a question on how the PDP intends to fund its political activities in the wake of recent defections by some governors:
“The strategy is simple: go back to the people. When the people are with you voluntarily, they fund the cause. In 1998, people made small contributions to fund the party, and that gave them a voice.
“We are returning to that voluntary model. For example, if 60 million Nigerians give N10,000 each, that’s a huge sum. We are already seeing this kind of mass support in states like Plateau and Akwa Ibom.”
“The statement above clearly affirms the PDP’s belief in voluntary contributions, irrespective of amount, as a legitimate and time-tested model of grassroots political funding. The reference to N10,000 was purely illustrative, intended to demonstrate the collective strength of voluntary support, and not a directive, levy, or mandatory contribution.
“Let it be stated unequivocally: there is no fixed amount, no compulsory payment, and no obligation imposed on any member of the PDP.
“We therefore urge our members and the public to discountenance the misleading headline and continue to support the party at all levels in ways they consider appropriate and convenient.”
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