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EXCLUSIVE: IAAF Set To Ban Nigeria Over $135,000 Debt (see letter)

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By Michael Effiong

There are strong indications that Nigeria will soon face a ban from the International Association of Athletics Federation (IAAF) over a pending $135,000 that has been pending since 2017.

Indeed from all indications, if Nigeria’s Minister of Sports, Mr Solomon Dalung who had given and reneged on his earlier promise does not pay, it may spell doom for the country.

In a letter dated May 13, 2019 written by the IAAF to the President, Athletics Federation of Nigeria (AFN) that was exclusively obtained by The Boss, the world athletics body wrote:

“You were informed on 14 March 2018 by our CEO of a payment made by IAAF to the bank account of your federation on 17 May 2017. A sum of $150,000 was transfeered by the IAAF of which $135,000 was wrongly transferred.

“We promptly notified you of this overpayment and followed up with several written correspondences as well as meeting with you in November 2017, requesting that you reverse the bank transfer for the over payment to no avail.

“On 28 June 2018, you informed us that the Ministry of Sports was ready to refund 50% of that amount and despite several telephone conversations, the amount was still not paid.

While we were in Asaba in August 2018 during the African Senior Championships we met with the Minister of Sports and his Permanent Secretary. We discussed about the return of the funds to the IAAF and until today, we have not heard anything.

We understand that the Minister of Sports will be stepping downsoon and it is important for you to arrange for the return of the full amount within two weeks at the latest. Failure to receive the funds back within the period, we will have no alternative than to apply appropriate sanctions against your federation.

The letter signed by Jee Isram Senior Manager, Governance, Member & International Relations was dispatched from Yokohama Japan, where the IAAF is hold a relay tournament, the AFN is yet to react as key officials are on the flight back from the tournament.

 

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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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