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Saraki Not Arrested- Media Office Reveals

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Former Senate President, Dr Abubakar Bukola Saraki was not arrested yesterday by the Economic & Financial Crimes Commission ( EFCC).

According to a statement signed by Yusuf Olaniyonu,  Saraki only visited the EFCC and had since returned to his residence contrary to reports that made the rounds.

READ  FULL STATEMENT

The Media Office of Dr. Abubakar Bukola Saraki would like to confirm that this afternoon, of his own volition, Dr. Saraki visited the office of the EFCC to clarify any issue that the commission may have wanted to raise with him. He was never arrested and is at home right now.

It will be recalled that following the order of the Federal High Court, Abuja, on the Fundamental Human Rights case filed by Dr. Saraki during the period of the former Chairman of the EFCC which precluded the commission from investigating him until the matter is dispensed with, the commission at the last hearing on July 14, 2021, pleaded with the judge that the order was preventing them from doing their job.

Following this complaint, Dr. Saraki, as a responsible citizen, on his own volition approached the commission that at the earliest convenient date, he was willing to visit the commission’s office and clarify all issues they might want to raise with him.

He, therefore, visited the commission’s office this afternoon and answered some questions. He is back home. He was not arrested. Dr. Saraki also assured the commission that he has nothing to hide and will always make himself available to clear all issues that may require his attention.

Signed:

Yusuph Olaniyonu
Abubakar Bukola Saraki Media Office

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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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Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

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Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.

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