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Ex-French President Sarkozy to be tried for hiding true cost of re-election bid

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France’s Constitutional Council cleared the way on Friday for former President Nicolas Sarkozy to be tried over alleged illegal financing of his failed re-election campaign in 2012.

Sarkozy had appealed to the council invoking the “double-jeopardy” principle because he had already been convicted in 2013 and ordered to pay more than 360,000 euros for breaching campaign-finance rules.

But in its decision on Friday, the council ruled that the penalty Sarkozy was ordered to pay in 2013 was for different violations and different amounts than the fraud he and 13 co-defendants are now being investigated for.

The case now hinges on the country’s top appeal court, the Cour de Cassation, where Sarkozy, 64, has lodged a separate appeal.

If that too is rejected, the case will return to prosecutors, who will decide whether he should be tried.

If he is, Sarkozy would be the first French president in the dock since Jacques Chirac, who preceded him at the helm of the country from 1995 to 2007.

Chirac was convicted of misusing public funds and given a suspended jail term in 2011.

The so-called “Bygmalion” case against Sarkozy centres on accusations that the former president’s political party, then known as the UMP, worked with a friendly public relations firm to hide the true cost of his re-election bid.

France sets strict limits on campaign spending. Prosecutors allege the PR firm, Bygmalion, invoiced UMP rather than the campaign, allowing Sarkozy to spend almost double the permitted amount.

Even though investigating magistrates found no evidence that Sarkozy set up the fraudulent system, took part in it or was even informed about it, they considered it unlikely that he had left it solely to staff to take decisions on such matters.

Sarkozy has denied any wrongdoing.

“We can only be disappointed by this decision,” Sarkozy’s lawyer Emmanuel Piwnica told LCI TV station.

After five years in power, Sarkozy was defeated by Socialist Party candidate Francois Hollande in the 2012 election.

Sarkozy has since faced a series of investigations into allegations of corruption, fraud, favoritism and campaign-funding irregularities.

He has since retired from politics, after losing in a primary election bid to become his party’s candidate for the 2017 presidential election.

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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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