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Breaking: Exclusive: Finance Minister, Kemi Adeosun Resigns

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By Eric Elezuo

The Finance Minister, Mrs Kemi Adeosun, may have resigned her position in President Muhammadu Buhari’s Federal Executive Council, according to credible source from the Finance Ministry.

Mrs. Adeosun’s resignation, the source further informed, is not unconnected to the barrage of controversies surrounding her National Youth Service Corps (NYSC) certificate of which she claimed to be tired of.

It is believed that the sensitive nature of her office as the Finance Minister has posed a lot of challenges to the British trained Financial expert, who many stakeholders believed has performed creditably well in the three years she has served as Buhari’s Finance chief.

An online medium broke the news many weeks ago as regards the Finance Minister’s forged NYSC certificate, and since then the Minister and the administration has come under serious attack from the public even as the Federal Government was alleged to shield her from persecution.

Mrs Adeosun commenced her career as an accounting assistant at British Telecom, London, from 1989 till 1990, after which she moved to Goodman Jones, London, working as a Senior audit officer from 1990 till 1993. She became Manager of Internal Audit at London Underground, London and Prism Consulting from 1994 till 2000 before joining PricewaterhouseCoopers, London as Senior Manager from 2000 till 2002.

In 2002, she became financial controller at Chapel Hill Denham Management and subsequently, Managing Director in 2010. After working with Quo Vadis Partnership as Managing Director from 2010 to 2011, she was appointed Ogun State’s Commissioner of Finance 2011 from where she was appointed Minister in November, 2015 by President Buhari.

During the annual general meeting of Afreximbank in Abuja to commemorate it’s 25th anniversary, Adeosun was elected chairman of the board of the bank. She succeeded Ndagijimana Uzziel, Minister of Finance of the Republic of Rwanda.

Mrs. Adeosun will go down in history as one of Buhari’s cabinet officers to have resigned since the inception of the administration.

 

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Insecurity: Akpabio Begs Tinubu to Reinstate Police Orderlies for NASS Members

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Senate President, Godswill Akpabio, has appealed to President Bola Tinubu to reconsider the directive withdrawing police orderlies from members of the National Assembly, citing safety concerns.

Akpabio made the appeal during the presentation of the 2026 budget to a joint session of the National Assembly, by President Tinubu, warning that some lawmakers fear they might be unable to return home safely following the withdrawal.

His said: “As we direct the security agencies to withdraw policemen from critical areas, some of the National Assembly said I should let you know they may not be able to go home today.

“On that note, we plead with Mr. President for a review of the decision.”

President Tinubu, on November 23, ordered the withdrawal of police officers attached to Very Important Persons (VIPs), directing that they be redeployed to core policing duties across the country.

According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu issued the directive after a security meeting with Service Chiefs and the Director-General of the Department of State Services (DSS) following heightened security issues in the country.

Under the order, VIPs requiring security are to seek protection from the Nigeria Security and Civil Defence Corps, as the Federal government seeks to boost police presence in communities, particularly in remote areas grappling with insecurity.

Tinubu later reaffirmed the directive on December 10, moments before presiding over the Federal Executive Council, expressing frustration over delays in implementation.

He instructed the Minister of Interior, Olubunmi Tunji-Ojo, to work with the Inspector-General of Police (IGP), Kayode Egbetokun, and the Civil Defence Corps to immediately replace withdrawn escorts to avoid exposing individuals to danger.

“I honestly believe in what I said…It should be effected. If you have any problem because of the nature of your assignment, contact the IGP and get my clearance,” Tinubu said.

“The minister of interior should liaise IG and the Civil Defence structure to replace those police officers who are on special security duties.

“So that you don’t leave people exposed,” he said.

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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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