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Focus on Disability Foundation Appoints Sterling Homes MD, Kunle Adeyemi as Patron

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By Eric Elezuo

A non-for-profit human welfare organization, Focus on Disability Foundation (FOD) has appointed Mr. Kunle Adeyemi as a Patron for the charity oriented organisation.

A worthy entrepreneur of international repute, Mr Adeyemi is the CEO/MD of Sterling Homes Ltd as well as Managing Director of Blue-Bricks Construction Limited.

Adeyemi’s appointment is in furtherance of the organisations’s policy to bring role models on board its course, towards dishing out more humanitarian benefits to people of the world.

In his role, the newly appointed Patron will help to promote the work of Focus on Disability Foundation, raise awareness of the charity and encourage vital support, an area he is so versed in.

He would also assist in ensuring that the good work of the foundation is accentuated and provide a huge voice to the foundation’s activities.

In his remarks, Mr Adeyemi said: “I am honoured by the invitation from the FOD’s team to become a Patron. A charity which does so much for people with disabilities. I am happy to accept the invitation and l will do my best to support the vital work of the charity outfit.

On his part, the Chief Executive Officer of FOD, Mr. Abbey Enilari Paseda expressed the organisation’s delight of having a person of Adeyemi’s calibre on board FOD and thanked him for accepting to join the group.

He said: “We are absolutely delighted to have a great philanthropist that has given so much to the widows, less privileged and the society at large as our Patron. Mr Adeyemi’s support will be key in helping us to raise awareness of the vital work we do with people with disabilities in Nigeria and Ghana and we look forward to working closely with him.”

Mr. Adeyemi is an excellence-driven young man with a passion to make a difference. He is a Biochemist by training, and holds an MBA from the prestigious Lagos Business School. He is also known in the world of philanthropy as a giant.

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“You Are Playing with Fire”, ADC Warns Government Agents Seeking Party De-Registration

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“Justice Peter Lifu is a Threat to Democracy”

The African Democratic Congress (ADC) has rejected a Federal High Court judgment concerning its de-registration, describing the ruling as a threat to democracy and political stability, and warns of the dire consequences that may follow any effort to remove the party from the ballot.

In a statement by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party argued that the curious judgment is yet the clearest evidence of the desperation of the ruling party and the government to ensure that President Tinubu holds on to power by any means necessary, even if it means subverting democracy and throwing the country into a crisis of immense proportions.

The party emphasised that the Constitution grants only INEC the power to register or de-register a political party. However, this judgment has flagrantly contradicted INEC’s position on affidavit and ignored a subsisting order of stay of proceedings of the Court of Appeal. The ADC therefore vowed to challenge the ruling through all lawful means, while urging its members to remain calm and await further directives.

The full statement read:

The African Democratic Congress (ADC) wishes to warn, in the strongest possible terms, against any attempt to use the judiciary as an instrument to undermine democracy and plunge Nigeria into a major political crisis.

We are deeply alarmed by the judgment reportedly delivered by Justice Peter Lifu of the Federal High Court, Abuja, in a case filed by the so-called National Forum of Former Legislators seeking the de-registration of the ADC and four other political parties. This judgment stands in direct conflict with constitutional principles and all known judicial processes and procedures.

The facts are straightforward. The plaintiffs had argued that the ADC and four other political parties failed to satisfy constitutional requirements relating to continued registration. However, in its counter-affidavit filed before the court in May, INEC, the constitutional body empowered with the registration, regulation, and supervision of political parties in Nigeria, categorically maintained that the ADC had not violated any registration requirements, had not failed any constitutional electoral-performance threshold, and that no legally recognised basis existed for its de-registration.

INEC further made it clear that the de-registration of a political party cannot be driven by political pressure, sentiment, or the wishes of interested parties. It must be based strictly on constitutionally established grounds, none of which had been proven against the ADC.

Apart from INEC’s firm position in support of the party, the ADC finds it troubling that the trial judge was aware of a subsisting order of the Court of Appeal issued on May 22, 2026, directing a stay of proceedings on the matter. The judge, however, chose to flagrantly and contemptuously disregard a clear order of a superior court in a manner that brings into question all known judicial traditions.

The ADC considers this development not merely a legal dispute, but a dangerous escalation capable of destabilising the nation’s democratic process. Our position is anchored on the role that agents of the ruling party have played in this matter. It would be recalled that the case has been championed directly by individuals working with the President’s Chief of Staff. The decision of the Attorney-General of the Federation and Minister of Justice, who is a second defendant in the matter, to join the matter as a plaintiff in April, is an absurdity, which sends a signal that is impossible to ignore.

We are therefore left in no doubt that this latest development is a continuation of the ruling party’s persistent efforts to undermine the opposition, especially the ADC. We also find the timing of this ruling quite curious. Despite all the obstacles placed in its way, the ADC has risen to the task and met all benchmarks and deadlines. Therefore, coming at a time when the party has concluded its primaries and is fielding candidates for all positions in the next election, especially the presidential election, it is clear what this is all about.

However, the ADC would like to warn that any attempt to eliminate the country’s major opposition party through judicial manoeuvring, thereby sabotaging the political aspirations of hundreds of its candidates, is a direct invitation to anarchy.

This is why we consider this ruling reckless, provocative, and even incendiary. Those who believe they can manipulate institutions of state to narrow the democratic space must understand that they are playing with forces far greater than partisan interests.

At a time when millions of Nigerians are struggling under crushing economic hardship, escalating insecurity, widespread unemployment, and growing national anxiety inflicted by the APC, it is deeply disturbing that powerful forces appear more interested in eliminating political opposition than confronting the real crises facing the country.

From our standpoint, the issue before the country is no longer simply about party registration. It is about whether the Nigerian people will be allowed genuine political choices in 2027. It is about whether democracy will remain a contest decided by voters at the ballot box or by powerful interests operating through institutions that ought to remain impartial.

Let it be clearly stated: the ADC will not stand by while the democratic rights of millions of Nigerians are threatened. We reject any and all attempts to intimidate, suppress, deregister, or politically extinguish our party and other opposition parties through means that offend both the spirit and the letter of the Constitution.

Nigeria is a nation of law, not a nation governed by the whims and caprices of agents of the ruling party. Therefore, as a law-abiding political party, the ADC will vigorously challenge this judgment through every lawful and constitutional avenue available to us. We shall mobilise all democratic stakeholders. We shall defend the rights of all our candidates, members, supporters, and the millions of Nigerians who are looking to the ADC as a credible alternative for national renewal.

Make no mistake, this is another act of desperation by the ruling party and the government to hand President Tinubu a second term without contest. This will not work. We therefore warn those who are seeking to manufacture a civilian dictatorship to understand that democracy cannot be strangled without consequences for national stability.

The responsibility for any tension or crisis arising from efforts to weaponise the judiciary against legitimate political opposition will rest squarely with those who are pursuing this dangerous and illegitimate path.

Meanwhile, the ADC will petition the National Judicial Council (NJC) over the judicial rascality demonstrated by the presiding judge of the Federal High Court, whose conduct has continued to bring the institution of the judiciary into disrepute.

We call on all our members, candidates, supporters, and coalition partners across the country to remain calm, vigilant, and steadfast. Whatever it takes, the ADC will be on the ballot so long as the 2027 election is to hold.

Further directives will be communicated through the appropriate channels.

Signed:

Mallam Bolaji Abdullahi
National Publicity Secretary
African Democratic Congress (ADC)

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Four Nigerian Startups Make Bloomberg’s Global Watchlist

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By Anjorin Fehintola Stella

 Bloomberg has named four Nigerian startups among its 25 African companies to watch in 2026. A list published yesterday that signals not just Nigeria’s growing innovation strength, but a decisive shift in how Africa’s startup ecosystem is being financed.

Nigeria tied with South Africa and Kenya as the most represented nations on the list, with four companies each. The selection spans 13 African countries and covers sectors including healthcare, fintech, defence technology, security, climate resilience, and transport, a reflection of a continent building solutions for its own most urgent problems.

The most dramatic story among the four Nigerian entries belongs to Terra Industries. Founded in 2024 by two young Nigerian engineers, Nathan Nwachuku, 22, and Maxwell Maduka, 24, the Abuja based company develops pilotless aircraft and autonomous defence systems designed to protect African nations from growing security threats. In just over a year, Terra Industries has raised a total of $34 million, including backing from 8VC, the venture firm co-founded by Palantir Technologies, Joe Lonsdale. The company currently protects critical infrastructure including power plants and mining operations in Nigeria and Ghana, and has announced plans for a second factory in Ghana.

Also on the list is 10mg Health, founded in 2022 by pharmacist Christian Nwachukwu. The startup is tackling one of the most stubborn bottlenecks in Nigeria’s healthcare system, the requirement for upfront payment before treatment. By making healthcare financing accessible at the point of care, 10mg Health is addressing a gap that has long kept quality medical attention out of reach for millions of Nigerians.

Sycamore brings a fintech angle, focusing on digital onboarding and rapid loan disbursement to reach Nigerians in credit markets where traditional banking penetration remains limited. The company is already expanding beyond Nigeria, with international operations now targeting Africans in the diaspora, including in the United Kingdom.

The bigger story running through this year’s Bloomberg list is the funding shift. Nearly half of the capital raised by featured companies came from African investors rather than foreign sources, a marked departure from previous years when the ecosystem relied heavily on overseas venture capital. African startups almost doubled their debt fundraising in 2025, even as equity investment from international VC firms declined sharply. The global artificial intelligence boom has pulled significant venture capital toward the United States, with AI-related investment doubling to $259 billion globally last year, three-quarters of it flowing to American companies. That pressure has forced African founders to look closer to home, to development finance institutions, pension funds, local VCs, and debt providers.

For Nigeria specifically, startups collectively raised $176 million in the first half of 2025. While below peak funding years, the figure keeps Nigeria firmly among Africa’s top four startup destinations alongside South Africa, Egypt and Kenya.

Bloomberg’s recognition of four Nigerian companies is more than a ranking. It is a signal that Nigeria’s founders are building for real, systemic impact rather than chasing convenience driven applications. From defending borders to financing hospital visits, these companies are confronting the gaps that government and traditional institutions have left open and the world is paying attention.

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Tinubu Honours More June 12 ‘Heroes’ in 2026 Democracy Day Address

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Fellow Nigerians

Today, we celebrate democracy and the enduring Nigerian spirit.

For 27 unbroken years, since May 29, 1999, Nigerians have chosen their leaders through the ballot, witnessed peaceful transitions of power, and resolved disagreements in courtrooms and legislative chambers—not through violence. We have experienced the longest stretch of civilian rule in our history. Our democracy is not perfect, but it is ours, and we must continue to defend and strengthen it.

In the coming days, Ekiti and Osun states will hold elections. I urge INEC, security agencies, and all parties to ensure these polls are peaceful and credible. Democracy fails when citizens doubt the process. To our National Assembly, Judiciary, the Press, and Civil Society: you are the guardrails of our republic. Criticise me, disagree with me, but never stop believing in Nigeria.

To our young people: Nigeria is your home and your future. Build here, code here, work here, and vote here. Every great nation was built by those who stayed to solve problems, not by those who abandoned ship.

To our armed forces, police, and intelligence services: Nigeria salutes your sacrifice. To our traditional rulers, faith leaders, and community heads: thank you for your support of peace and reconciliation. The government cannot do it alone.

Today, we honour the resilience of Nigerians who refused to surrender their faith in freedom, and the courage of those who stood firm against intimidation. We pay tribute to patriots who endured persecution, imprisonment, exile, and even death so that future generations could enjoy democracy. I salute labour leaders, journalists, activists, students, women, professionals, political leaders, and soldiers—both those who have passed and those still with us—for their patriotic contributions.

Though this year’s mood is dampened by the abduction of our children in Oyo and Borno, we remain hopeful for their safe return. Democracy without security is not solid enough. That is why this administration declared a security emergency and approved the recruitment of more than 50,000 new police officers and thousands of military recruits. Our 2026 budget commits N5.41 trillion—our largest ever—to defence and security. Our administration is ever ready to do much more to secure our people.

We have moved from training with our allies, the United States, France and other European countries, to precision targeting. In Arege, Borno State, we degraded ISWAP’s command centre. Terror-related deaths are down by 81% since 2015. Over 13,000 terrorists have been neutralised in the past year. But we also keep the door of surrender open. Over 124,000 fighters and dependents have laid down their arms since 2023 through Operation Safe Corridor.

To bandits, kidnappers, and sponsors of terror: Surrender or face the full force of the Nigerian State. These windows of surrender will not remain open forever. No mercy will be shown to those who trade in the blood of Nigerians.

At a time like this, let us not assign blame or point fingers. Crime has no ethnicity. We must stand united and be assured that the enemies of our nation shall soon be history. We will triumph over terror and continue to build a more prosperous nation.

June 12 occupies a sacred place in our national memory. It represents more than an election; it is a defining chapter in our story. We remember Chief M.K.O. Abiola, who won a pan-Nigerian mandate transcending ethnicity and religion. We remember Alhaja Kudirat Abiola.

We also remember Chief Gani Fawehinmi, Chief Bola Ige, Chief Alfred Rewane, Pa Abraham Adesanya, Chief Anthony Enahoro, Alhaji Balarabe Musa, Commodore Dan Suleiman, Dr. Beko Ransome-Kuti, Frank Kokori, Arthur Nwankwo, Chima Ubani, Shehu Musa Yar’Adua, and the many other heroes and heroines of democracy whose sacrifices helped secure the freedoms we enjoy today.

As beneficiaries of their struggle, we have a duty to strengthen and deepen the democratic institutions for which they fought. The greatest tribute we can pay is to build a Nigeria where freedom is protected, justice is upheld, opportunity is expanded, and government is accountable.

June 12, 1993, revealed the possibility of a true Nigerian nation. The heroes of June 12 secured political freedom. Our challenge is to secure economic freedom. Democracy must be felt in the quality of people’s lives—in opportunities for youth, in prosperous farmers, successful entrepreneurs, and the dignity of our workers.

The reforms we are undertaking were not chosen for ease, but for necessity. Three years ago, our public finances were under severe strain, investment was discouraged, and economic uncertainty threatened our future. We chose to act, embracing reforms to advance Nigeria’s economic freedom.

Since 2023, our reforms have restored stability and credibility to economic management. Federation revenues have risen, providing states and local governments with more resources for infrastructure, education, healthcare, and security. Fiscal transparency has improved, leakage has been reduced, and public funds are better directed to national priorities. Investor confidence has returned, with investments in agriculture, energy, manufacturing, technology, mining, transportation, and the creative industries growing.

Domestic refining capacity has increased, strengthening energy security and reducing our reliance on imported petroleum products.

By 2023, when we came on board, the electricity sector was characterised by chronic generation shortfalls, an unreliable gas supply, and transmission infrastructure so fragile that it could not evacuate available power. Distribution companies were burdened by massive losses and a metering deficit of over four million. Worst of all, the value chain was drowning in legacy debt. The result was a sector that generated less than the 13,500 Megawatts installed capacity, a sector that transmitted less than it generated, distributed less than it transmitted and collected revenue far below what it needed to sustain itself.

To address the problems besetting the sector, I signed the Electricity Act, which grants states authority to generate, transmit, and distribute power. The Presidential Power Sector Task Force is working hard to reduce the metering deficit. It has also been authorised to raise N4 trillion bond to settle verified legacy debts. The Rural Electrification Agency, supported by the World Bank and the African Development Bank, has deployed off-grid and mini-grid power to underserved communities, universities, markets, and hospitals. Electricity is a democratic dividend we owe every Nigerian. We intend to deliver it.

Across the country, infrastructure projects are connecting producers to markets and creating opportunities for enterprise and employment. The National Agricultural Development Fund is deploying 10,000 tractors over five years. Over 1,000 SMEs have been certified for export. Non-oil exports grew by 21% last year.

Yet, many Nigerians still face economic hardship. We remain focused on reducing inflation, expanding food production, creating jobs, improving living standards, rebuilding confidence in our economy, and creating conditions for sustainable prosperity.

We are moving from uncertainty to stability. The next phase is about accelerating growth and ensuring the benefits are felt in every home, every community, and every region. We believe that Democracy must be felt in the pocket.

Recognising that democracy is undermined when people do not feel its impact, my administration has sought financial autonomy for our 774 local councils. A fundamental challenge to our nation’s advancement has been ineffective local government administration. The insecurity we are addressing is partly due to the collapse of grassroots governance. The Renewed Hope Agenda is about ensuring that all Nigerians benefit from governance.

Every generation has a defining responsibility. The generation of our founding fathers secured independence—the generation of June 12 secured democracy. Our generation must secure prosperity.

Let us move forward together—rejecting division, cynicism, and despair; embracing unity, hope, and confidence. Let us build a Nigeria united by a common purpose, strengthened by diversity, where justice is accessible, liberty is secure, and opportunity is abundant.

Among the architects of modern democratic Nigeria, we honour General Shehu Musa Yar’Adua for his vision of national partnership. In recognition of his contributions, the Federal Government has approved the revitalisation and renaming of the completed Institute of Petroleum Studies, Kaduna, as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.

I am also pleased to announce national awards to the following Nigerians, who suffered persecution, endured indignities, exile, incarceration, and, at times, solitary confinement, so that we have democracy today.

Barrister Ayoka Lawani
Tunde Fagbenle
Oladele Alake
Olatunji Bello
Louis Odion
Segun Babatope
Sam Omatseye
Sir Ademola Osinubi
Bola Bolawole
Lade Bonuola
Femi Kusa
Debo Adeniran
Chief Ayo Opadokun
Chief Ralph Obiora
Ose Osayande
Barrister Osa Director
Prof. Sylvester Odion-Akhaine
Dr Arthur Nwankwo (Posthumous)
Dr Osagie Obayuwana
Dr Joe Okei-Odumakin
Barrister Titus Mann
Joe Igbokwe
Richard Akinnola
Ben Charles-Obi (Posthumous)
George Mbah
Dr Niran Malaolu
Major-General Ishola Williams (rtd)
Femi Aborisade
Jenkins Alumona
Gbemiga Ogunleye
Muyiwa Adekeye
Babajide Kolade-Otitoju
Ike Okonta

We also recognise the soldier-democrats of the June 12 struggle:
Major General MA Garba
Brigadier General Lawal Jaafaru Isa
Col Umar Farouk Ahmed;
Col Sambo Dasuki;
Col Lawan Gwadabe;
Brigadier Jonathan Ndam Temlong
Col Musa Shehu;
Major General Chris Eze;
Major General Harris Dzarma;
Col Isa Jibrin;
Maj. General Joseph Oshanupin;
Col Olusegun Oloruntoba, Olugbede of Gbede Kingdom)
Lieutenant Colonel Happy Kefas Bulus
Col J Okai;
Col Emmanuel Ndubueze;
Lt Col Yakubu Muazu
Brigadier Yahaya Abubakar, the Current Etsu Nupe, who is already the holder of the CFR title.

The honours list will be released in the next few days.

Fellow Nigerians, 27 years ago, many doubted democracy would survive here because of our diversity. Today, our diversity sustains our democracy. The road ahead is steep. But June 12 reminds us: Nigerians do not break. We bend, we bleed, but we do not break.

Let us renew our covenant: That the labours of our heroes past shall never be in vain, and that government of the people, by the people, for the people, shall not perish from this land.

May God bless the heroes of our democracy. May God bless the Federal Republic of Nigeria. May God continue to bless us all.

Happy Democracy Day.

BOLA AHMED TINUBU, GCFR
President and Commander-in-Chief of the Armed Forces Federal Republic of Nigeria

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