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Buhari Declares: I’m Bothered About Security, Economy, Not Election

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The three-pronged focus of the current administration resonated through the conversation, as President Muhammadu Buhari held a bilateral meeting with British Prime Minister, Theresa May, on Monday at 10, Downing Street, London.

“We campaigned on three major issues, to secure the country, revive the economy and fight corruption,” said the president. “We have elections next year, politicians are already preoccupied with the polls, but I am bothered more about security and the economy.”

Recalling that Nigeria and Britain have a long history of cooperation on several fronts, President Buhari stated: “People ought to know how they arrived where they are, if they would move forward. It was a mistake for us to have stopped the teaching of history as a subject in schools, but we are returning it to the curriculum now.”

He commended British companies like Unilever, Cadbury, and many others, “who have stood with Nigeria through thick and thin. Even when we fought a Civil War, they never left.”

“But like Oliver Twist, we ask for more investments. We are encouraging more British companies to come to Nigeria. We appreciate the support you have given in training and equipping our military, particularly in the war against insurgency, but we want to also continue to work with you on trade and investment.”

President Buhari briefed Prime Minister May on the strides in agriculture, which he said has put Nigeria firmly on the road to food self-sufficiency.

“I am very pleased with the successes in agriculture,” he said, adding: “We have cut rice importation by about 90%, made lots of savings of foreign exchange, and generated employment. People had rushed to the cities to get oil money, at the expense of farming. But luckily, they are now going back to the farms. Even professionals are going back to the land. We are making steady progress on the road to food security.”

On education, President Buhari said more investment was being made, because “people can look after themselves if well educated. In this age of technology, education is very important. We need well-staffed and well-equipped institutions to move into the next generation.”

Climate change and environmental issues also came up for discussion, and President Buhari brought up the necessity of inter-basin water transfer from Congo Basin to Lake Chad.

According to him: “The Lake Chad is now about 10% of its original size, and it is perhaps one of the reasons our youths dare both the Sahara Desert and the Mediterranean, to get to Europe. But if there is inter-basin water transfer, about 40 million people in Nigeria, Niger, Cameroon, Chad, and other countries stand to benefit. I made the case during the Climate Change Summit in France. If Lake Chad is recharged, it will reduce the number of youths coming to Europe to increase social problems. We brought back about 4,000 people from Libya recently. Almost all of them were below 30, and Libya was not their final destination. They were headed to Europe.”

Prime Minister May, in her remarks, said Britain would continue to work with Nigeria in the areas of training and equipping the military.

She was particular about abduction of young schoolgirls by Boko Haram, noting that Britain would continue to give Nigeria needed assistance.

She said the Buhari administration has “been making good progress on the economy,” and urged it to maintain the focus, despite approaching elections, and increase in political activities.

On education and climate change, she declared: “Good grounding in education is good. It is important to equip young people for today’s world. It is also a good bastion and defence against modern slavery. The issue of the environment and climate change is very important, because of its impact on many countries in the Commonwealth. Stability at home is important, to curb illegal migration.”

Ms May, who commended Mr Buhari for the much he has been doing on improving trade and business for Nigeria, noted that it was also time to boost intra-Commonwealth trade.

Ptrmium Times

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Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

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President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.

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Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

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Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles. 

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

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Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

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Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.

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