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Adenuga Tops List, Donates N1.5bn to Fight Against COVID-19

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By Eric Elezuo

The Chairman, Globacom, Chief (Dr.) Michael Adenuga, has made a whooping donation of N1.5 billion as the fight against the spread of Coronavirus disease takes full speed.

The donation spread into two was made to the Central Bank of Nigeria through its governor, Mr. Godwin Emefiele and the Lagos State government to the tune of N1 billion and N500 million respectively.

Mrs

Mrs Bella Disu presenting the letter to Governor Sanwo-Olu

In separate letters addressed to the two institutions, Chief Adenuga, also known as the Spirit of Africa, expressed thanks for the effective and relentless efforts being made to curb the harmful COVID-19 disease that is now endangering the life and socio-economic welfare of residents.

Addressing governor Babajide Sanwo-Olu, Adenuga said: “The vrious timely, broad and focused measures being put in place are highly commendable and worthy of support as they shall in due course end the insidious propagation of the dreaded virus. e wish sir, to affirm our unequivocal readiness to work with the Lagos state government in ensuring a smooth and expeditious achievement of Your Excellency’s nobel objectives.”

The Executive Vice Chairman, Globacom, Mrs Bella Disu, was on hand to delivered the letter and the N500 million to the state governor, Sanwo-Olu.

In his letter to the CBN governor, Adenuga said “We applaud that in addition to effecting measures to address the negative impact of COVID-19 disease on the health, finance and other sectors of the economy, The CBN has appropriately launched the Nigerian Private Sector Coalition Against COVID-19; a commendable and worthwhile initiative which deserves the moral and financial support of all stakeholders of the private sector.”

The telecommunication guru also pledged to continue to assist various bodies and institutions in the country with the supply of essential materials such as hand sanitizers, test kits, masks, ventilators among others.

 

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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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