Headline

Former CBN Governor, Soludo Wins Anambra Gov Election

Published

4 years ago

November 10, 2021

Eric

Former governor of the Central Bank of Nigeria and candidate of the All Progressives Grand Alliance, Prof Chukwuma Soludo, has been declared winner of the Anambra Governorship Election by the Independent National Electoral Commission.

The Returning Officer of the Anambra Governorship Election, Prof Florence Obi, announced the result on Wednesday morning at the INEC office in Awka, Anambra State.

“That Charles Chukwuma Soludo of APGA, having satisfied the requirements of the law is hereby declared the winner and is returned elected,” the Vice-Chancellor of the University of Calabar said on Wednesday.

Soludo, who was the apex bank governor between 2004 and 2009, was declared winner after the November 6 election was declared inconclusive by INEC and after a supplementary election was held in the Ihiala Local Government Area of the state on Tuesday. He won 19 of the 21 local governments areas including Ihiala LGA.

Sixty one-year-old Soludo won with 112,229 votes beating Valentine Ozigbo of the Peoples Democratic Party, who polled 53,807 votes, and Andy Uba of the All Progressives Congress who got 43,285 votes. Ifeanyi Ubah of the Young Progressive Party polled 21,261 votes came fourth.

Soludo’s walk to victory was paved with stony challenges including legal battles and intra-party squabbles but the Supreme Court in Abuja affirmed him as APGA governorship candidate. This was after the sacking of a former APGA candidate, Chukwuma Umeoji, by the court.

Umeoji, who is the current member of the House of Representatives representing Aguata Federal Constituency in Anambra State, was recently sacked by a court decision after his name had been listed by the Independent National Electoral Commission as APGA’s candidate.

The court then ordered INEC to replace Umeoji with Soludo as the validly elected candidate of APGA for the governorship election.

Also in April 2021 during the build-up to the election, Soludo narrowly escaped death when gunmen unleashed terror on him and his security aides during a town hall meeting in his hometown in Isuofia in the Aguata Local Government Area of Anambra.

Three of his police orderlies were killed during the attack which he described as “senseless”. Soludo dedicated his victory to the three policemen in his acceptance speech on Wednesday.

Soludo is expected to be sworn into office next March after the expiration of the two-term tenure of the incumbent governor, Willie Obiano, who is also of the All Progressives Grand Alliance.

Headline

Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

Published

9 hours ago

December 19, 2025

Eric

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.

Headline

Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

Published

2 days ago

December 18, 2025

Eric

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.

Headline

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

Published

2 days ago

December 18, 2025

Eric

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.