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Dele Momodu: The Bridge Between the North and South
Published
4 years agoon
By
Eric
By Eric Elezuo
As delegates troop out to decide who flies the Peoples Democratic Party (PDP) flag in the 2023 presidential election, a few things, without a doubt, will be uppermost on their minds. The delegates, among many factors, will consider the aspirant whose pedigree transcends money politics; someone, who is not just thriving on grandiloquence, but has seasoned himself in personal development devoid of government funds. Someone who established stardom from scratch to bloom, someone who has international connections, someone who is at home with the leading lights of entertainment and the corporate world without being a government official. Someone who has a second address, apologies to former Governor Donald Duke.
Without mincing, there are not two of such aspirants in the race. There is just one; he is the passionate journalist, and philanthropist par excellence, Aare Dele Momodu. He is one, who, if today’s votes are cast based on track record, he would sweep the stakes.
It is not hard to imagine the kind of person Aare Dele Momodu is. One needs not come close to him to feel the impact of his human nature and philanthropic open-handedness. His expressed love for the country Nigeria has been proven in many fora, not just in his regular write-ups but also in tangible situations, which has endeared him to the hearts of not a few countrymen across the six geo-political zones and the Diaspora.
Of course, he has travelled to over 60 countries of the world, and is equipped with experiences derived therein.
Once he was asked why he wants to be be president. He revealed among other things thus:
“The atmosphere in Nigeria now is so fouled up that nobody believes in Nigeria. The few people that have money would rather take it elsewhere to invest. For me, the first thing is to make sure that we have a star-studded cabinet of people of ideas. Everywhere in the world – even you will see that in America, they take their debates to one campus or another unlike Nigeria where you have to go to Transcorp building or the best hotel. No, the reason is because the intellectual pace of a country is what determines how serious you are. You must seek help from your brightest brains, and we have them everywhere. Go and get a good team. At Ovation, when we started in 1996, they told us it would not survive six months. But we made a promise that we would do it. What has sustained us is the fact that we were able to get a good team. We maintained a good team; we got the best filters; we got the best printers; the best cargo company. The next president of Nigeria must be the CEO of Nigeria, and must be a Brand manager. Nigeria needs rebranding. That’s what hope means. If you don’t have a leader who knows how to manage people and resources, then you just go and bring politicians. Then they will come and share all the portfolios. Then you cry for another three four years, and then they come again for the same process.”

Contesting the ticket to be president under the platform of the opposition Peoples Democratic Party (PDP), Momodu, a celebrated journalist versed in both celebrity and general, has proven both in words and body language that he is the aspirant to beat across all party structures.
Beginning from the tail-end of 2021 when he threw his hat in the ring to contest the presidential election, Momodu has left no one in doubt that he has a lot of aces in his sleeves to make this country the better place.
He has showed that wrestling the ticket from some so-called political heavyweights and juggernauts in the party is a matter of sincerity, knowing that Nigerians are no longer interested in the old order, but are totally out for the real change.
In his statement declaring his intention to run for president, Momodu said
“Thanks for giving me the opportunity to present this epoch-making letter at very short notice. It is a palpable demonstration of your intellectual discipline, simplicity and cosmopolitan worldview, and our party is fortunate to have such a serious academic and patriot as our Chairman at this momentous period in the life of our troubled country. May God help you to lead us from glory to glory.
“In the last few days, there have been widespread speculations about my Presidential bid for second time. I have been greatly humbled by the excitement already generated which reminds me of how it was 29 years ago when your good friend and my own adopted father, Chief Moshood Abiola, threw his hat in the ring, it is very obvious that Nigerians are eager to restore that promise of hope and the accompanying peace and joy that we lost.
“The time has come for full reconciliation and forgiveness and a closure of our ugly past. Nigeria urgently requires a reset and a total redirection. With this letter. Sir, I wish to humbly put the speculations to rest by coming to you with every sense of purpose and responsibility
“After consultations with my family, friends and some stakeholders, I have arrived at the decision to contest the 2023 Presidential election on the platform of our great party. PDP, if selected as the Party’s candidate. 1 hasten to add that this is my personal decision, although I have received advice, encouragement and support from diverse quarters since I started my consultations.
“I therefore offer myself to the POP as the best aspirant to turn the fortunes of our esteemed party and our well endowed country around. In this regard, and with a deep sense of humility and profound respect, I urge the Party not to consider picking its candidate based on the usual considerations which had spectacularly failed our country in the past. The mood of the teeming youths, and indeed every patriotic Nigerian, who we need to come out en masse to vote for our party, aligns with this view.
“It is for this reason, that I invite our great party, PDP, to accept that it must search for a veritable flag bearer with the requisite leadership and visionary qualities that Nigerians now earnestly yearn for.
“I’m convinced that the time has come to seriously challenge and dislodge these politicians who have held our country to ransom by kidnapping, hijacking and destroying the future of our younger generation and generations yet unborn. I’m better prepared now than at the time of my first foray into the fray in 2011, and I am fully ready and certainly capable for the onerous tasks and responsibilities ahead.
“I wish to place on record my firm praise and commitment not to be harassed, bullied or intimidated by anyone who feels he or she can buy the whole of Nigeria with leads of cash fraudulently and illegally filched and taken from the Nigerian people.
“I’m proud to follow in the best traditions of my mentor, Chief Moshood Abiola, who had wanted to banish poverty in our land, but was disastrously disallowed from achieving this laudable objective. Nigeria has paid a heavy price and penalty in the last 29 years and suffered untold agony and indignity as a result of that tragic misadventure.

“Nigeria deserves much better than where we are now, and my appeal to fellow Nigerians is that we should collectively rescue our dear country from the suffocating claws of slave masters, overlords and tyrants. I vociferously and vehemently reject any suggestion that Nigerians should continue to tread this dangerous path The die is cast, and we mast regain and take back our country! I totally and unequivocally commit and dedicate myself to this cause.
“So help me God.”
Ever since this declaration, Momodu has demonstrated his capacity to handle the country’s numerous challenges by building bridges across various divides, which has always been his stock and trade. Since January till date, Momodu has transverse the length and breadth of the nation, renewing friendships and creating new ones. So far, his presence has been felt in every facet of human capacity development, communities and nooks and crannies including the traditional and political institutions in Edo State, his home state, Osun State, Kaduna State, where he met the controversial Islamic cleric, Sheikh Abubakar Gumi; Enugu State, Borno and Kwara among others.
His agility at 62, is amazing. He has youth on his side as well the much sought after international connection at his beck and call. Everyone agrees that Dele Momodu is the man that should be president noting that he has what it takes to take Nigeria out of its present quagmire.
Momodu has said that God himself specifically preserved him for the purpose of becoming Nigeria’s president at this time.
Born Ayòbámidélé Àbáyòmí Ojútelégàn Àjàní Momodu on May 16, 1960, exactly 62 years ago, Chief Dele Momodu as he is known in the business circle, and Bob Dee, in the social stage, is by every standard a man who is diligent in his business. And it is no wonder that he has not only stood before kings, he had and continues to dine with kings. There is practically no influential person that Dele Momodu does not know across the length and breadth of Nigeria, Africa and on the inter-continental stage. He is that large!
Dele Momodu with Tony Elumelu
Most men who had gone far in life are products of instructions well taken, and among such rare breeds is the man who has grown in leaps and bounds to become Chairman/CEO of Ovation Media Group, and creating a media company with arms such as Ovation International, a magazine that has given publicity to people from all over the world, and reflected the best and brightest in Africa; Ovation TV and The Boss Newspaper online, which he officially launched in 2015.
By every standard a rare breed, Momodu is many things in one; journalist/publisher, businessman, philanthropist, actor, politician and motivational speaker. Among all these he considers himself simply as a reporter, and even with a retinue of seasoned staff still ventures into the field to scoop exclusives. Those who have referred to him as a workaholic are not far from the truth. Even he, himself has an oft quoted line thus “those who come from poor background cannot afford to sleep too much”.
A beacon of the Momodu family, Dele, the last of three siblings, was ‘privileged’ to lose his father at the age of 13, and was therefore sentenced to the complete tutelage of his mother, and sometimes relatives.
His mother became practically his mentor, teacher and soulmate until she passed away on May 18, 2007, two days after Dele’s 47th birthday. According to him, one of the many morals his mother, whom he revered next to God, taught him, is never to despair even when times are tough. Even in her near poverty state, Dele maintained that ‘she didn’t give up on me.’
The accomplished journalist, whose first name was derived from Ayobamidele, meaning “my joy has followed me home”, is a proud 1982 graduate of the University of Ife, (now Obafemi Awolowo University, Ile-Ife) where he obtained a degree in Yoruba Language, and followed it up in 1988 with a master’s degree in English Literature.
He kicked off his professional career as a lecturer at the Oyo State College of Arts and Science in Ile-Ife, between 1982 and 1983 while serving as a corps member. He went on to become the private secretary to the former Deputy Governor of Ondo State, Chief Akin Omoboriowo, a position he held from 1983 till 1985. In 1986, he was elevated to serve the Ooni of Ife, Oba Okunade Sijuwade Olubuse II, managing his Motel Royal Limited.
A genuine seeker of academic knowledge, Momodu resigned soonest and pursued a post-graduate degree in English Literature. It was during this time that his multi-tasking ability was brought to the fore as started contributing articles to popular brands likes The Guardian, Sunday Tribune and others.
Momodu is not a stranger to awards and honours as he has received hundreds for his work in the world of business, politics, literature, the music industry as well as the fashion industry. On July 30, 2016, Dele was awarded with an honorary doctorate degree (PhD) from the University of Professional Studies, Accra, Ghana, earning him the title “Doctor of Humane Letters”.
A fiery and fearless writer, Dele has for years been writing a weekly column, Pendulum, published every Saturday on the back page of Thisday newspaper, which he piloted as the founding editor, and TheBoss Newspaper. The articles have been compiled into two volumes of a must read books titled ‘Pendulum: The Writings of Dele Momodu’, and was launched in July 2018.
Momodu’s articles are noted for highlighting issues in Nigeria, as well as ‘discussing popular topics, current events and famous people, often in a polemic style’. He has used this means to bring about fundamental changes in national and world politics. His down to earth analysis in his write-ups has made it possible for him to remain neutral and factual at all times, thereby keeping no enemies. He gave Buhari his support through Pendulum and renounced his support through the same means when he realised the President has failed in steering the country to greatness as earlier envisaged.
In May 1988, Momodu’s journalism journey began when he was employed as Staff Writer with African Concord magazine, owned by late Chief Moshood Kashimawo Olawale Abiola. he did not just blend with the job, he blended with Chief Abiola, who became the epicentre of his new life philosophy. He highly highlighted this era when he celebrated his ’30 years of living and working in Lagos in 2018. The two part volumes were published in The Boss Newspapers.
A year later, he was transferred to Weekend Concord as a pioneer staff. He wrote the first cover story for the paper in March 1989. He also contributed to other publications such as the National Concord, Sunday Concord, Business Concord and the Yoruba newspaper Isokan. In May 1989, he became Literary Editor, and within six months, he became News Editor of the Weekend Concord. His rise was meteoritic. He held a promise of a class beater, and didn’t disappoint.
Among the many firsts Momodu later came to be known with is becoming the highest paid editor in Nigeria when between May 1990 and September 1991, he edited May Ellen Ezekiel’s celebrity magazine, Classique.
On resigning from Classique, he ventured into business, becoming Wonderloaf distributor, owned by his mentor, Chief Moshood Abiola. Afterwards, he started a public relations outfit, Celebrities-Goodwill Limited, which managed the accounts of Chief Moshood Abiola, Dr. Mike Adenuga, Mr. Hakeem Bello-Osagie and other distinguished Nigerians. Dele started from the beginning to snudge close to the best of citizens. It wasn’t therefore a surprise that even at his 30th birthday, the guest list was eye popping, and has kept improving ever since.

In 1993, Momodu came face to face with politics and its intrigues when he joined the Moshood Abiola Presidential Campaign Organization. After much efforts, Presidential election held on June 12, 1993 was annulled by General Ibrahim Babangida. There and then, he witnessed barefaced political persecution, enjoying the first bitter taste of a junta regime and its jackboot.
Much as he was severely punished by the reigning dictatorship for his pro-democratic views, he remained undeterred. He was to be arrested again in 1995 and charged with treason by the government of Sani Abacha. Momodu was accused of being one of the brains behind the pirate radio station, Radio Freedom (later Radio Kudirat), after the cold-blooded murder of Alhaja Kudirat Abiola. Momodu managed to escape disguised as a farmer through the Seme border into Cotonou, in Benin Republic, from where he fled to Togo, Ghana and eventually to the United Kingdom. For three agonising years, he could not re-enter his homeland, Nigeria. This is one story he has told repeatedly.
In 2011, Momodu ventured deeper into the murky waters of politics when he contested for the presidency. The graphic details of that era of his life is captured in the book ‘Fighting Lions’ by Ohimai Amaize.
In the runoff to the primary election, Momodu has done practically what no aspirant has done yet, and remains the leader of the pack as far as the men and women who want to be president are concerned. We are talking about a Dele, who has related and interacted with presidents and leaders of opinion even as a regular citizen.
It is not hard to imagine what impact he will therefore, make with the instrumentality of the presidency.
Momodu: A Revelation of Sheer Doggedness and Intense Passion
Below is a full detail of the interview Momodu granted a team of Arise TV correspondents, comprising Reuben Abati, Oseni Rufai and Tundun Abiola, where he categorically declared his intention, and the reasons propelling his ambition. Enjoy:
ARISE: As Nigerian political parties and politicians prepare to go head to head in 2023 general elections, more and more aspirants are beginning to declare their intentions to contest for the presidency. One of such hopefuls is Chief Dele Momodu; veteran journalist, popular newspaper columnist, businessman turned politician and publisher of Ovation International and the online newspaper, The Boss. But this will not be Momodu’s first attempt at the presidency. In 2011, he made an unsuccessful bid for the post on the platform of the National Conscience Party (NCP). This time around, Momodu has joined the main opposition Peoples Democratic Party where he intends to participate in a hard fought contest to secure the ticket of the main opposition party. Now, he is joining us in the studio to tell us why he wants to become Nigeria’s president, and how he intends to secure victory during the PDP’s presidential primaries; Chief Dele Momodu, CEO/Publisher, Ovation International and The Boss Newspaper. Good morning Bob Dee, as he is popularly known.
MOMODU: Dr. Reuben Abati Ph.D. Thank you for declaring for me. You see Reuben has virtually made a declaration on my behalf. Thank you. And since you want me to declare so I might as well declare right here. Let me say that I am very ready. I always tell people that it is impossible for you to be the president of a country as big, as diverse, as complex and complicated as Nigeria if you did not prepare for it. Most of the people we have as politicians never prepared for anything. All they prepare for is the next election; what are we going to, how are we going to do it, how are we going to rig. But I can tell you that I have followed the template of my adopted father, Chief Moshood Abiola; I studied him as a book. I can do a Ph.D on it, and I can see that the reason we are in this mess is that you have leaders who are not accomplished. All over the world; it is not about your age; it is not about tribe or religion; it is about your personal accomplishment. And where you have leaders whose accomplishments you cannot understand; you cannot verify then you are going to have problems. So for me, I tired of just sitting down and lamenting which is what we know how best to do in Nigeria. Everybody laments. Everybody grumbles. Everybody groans. Everybody mourns. But to do what is needful? No. I can tell you that about 11 years ago, I decided to contest on the platform of NCP, and the only lesson I learnt from there is that I was contesting a national election from a fringe local party which had no capacity to win the election. I went back. The same thing happened to Chief Abiola in 1981 when NPN frustrated him out of their party. He wanted to be president; they saw it, and frustrated him out of the party. He left. He came back 12 years later, better prepared. In 2023, it will be 12 years since my last attempt; I am better prepared and I am ready.

ARISE: What are you likely to do differently this time. I know there is a book that has already documented your experience, and that is by your former assistant, Ohimai Amaize. In that book, you talked about how you didn’t even get the support of your constituency, the media. How money was such a big issue in Nigeria politics. Yes, over this period of 12 years, you said the big platform that is better so you joined the PDP. But how about the big details like money because you can’t even run the primaries in Nigeria if you don’t have cash. And you are a new comer to the PDP, what gives you the confidence that they will give the ticket to a newcomer.
MOMODU: Chief Abiola was a newcomer in 1993. He joined the SDP two months to go. The chairman of the party, Babagana Kingibe was interested/contesting, Alhaji Atiku Abubakar was contesting; 29 years ago, and Chief Abiola joined. The first thing you have to prove to the party is that you can win them the ticket. Any serious party that wants to win election will not just go and pick someone who does not have that global appeal. If you do that, you know that you have already lost that election. So today, I don’t need to do any other thing other than to be scientific. the world has moved on except our politicians. It is important for you to prove to your party your capacity, and that is the job. The main job between now and whenever the primary will take place is for you to show clearly your ability to win them the election. And in my own case, I don’t have to travel far. From my telephone, I can show my party my foot soldiers across Nigeria, It’s scientific. Every major township and village; there are people that we have empowered. Even the government of today; if they talk about empowerment; ask them to come and show who has benefitted; they can’t. We have so much that we are doing, and it is not on television that we will reveal our strategy, but I can tell you that we are better prepared
ARISE: Well, joining the PDP and throwing your hat in the race, you are joining quite a crowded field. You have those agitating for president of Igbo extraction, have your political juggernauts like Atiku Abubakar, who has contested several times and come close. You have Bukola Saraki; those are two northern candidates I could mention. What are you going to use to convince people like that to support you.
MOMODU: Well, the first thing is that politics and elections are about elimination series. I call them elimination. People are going to sit down and say; between Dele and Alhaji Atiku Abubakar, who do we think stands a better chance. Between Dele and Rabiu Kawkwanso; who do we think is better; Between Dele and Aminu Waziri Tambuwal, who do I think is better; it is until you sit down and begin to ask questions. What are the youths of Nigeria saying today, ‘we are tired of the whole politicians’. So if you are tired of the old politicians and you now have somebody, who has built a global brand for over a quarter of a century. You are talking about a man who played a major role since 1983 in the affairs of Nigeria. You see, what happened in Nigeria…Nigeria is the only place that I know that it is how long you have contested that matters, it is not how well. So, when you talk about all my leaders that you have mentioned; they have all done their best as Buhari would say. They have all done their best. The time has come for them to give Nigeria a deep breathe of fresh air. And that has happened elsewhere. It happened in America where they brought Donald Trump who was not in politics. It happened even in South Africa where Nelson Mandela came out of prison. Ramaphosa, who is there now, who was not a hardcore politician though he was a member of their national party; he was a businessman, a billionaire, who came came out and threw his heart in the ring and did it. If you look at the Prime Minister of Canada; a young man, who was born in 1971. At 42, he was already the leader of his party, and at 44, he was already the prime minister. Nigerians must learn to do things differently, but I understand your concern. Your concern is captured in the book by the Brazilian author, Paulo Freire in Pedagogy of the Oppressed…that the oppressed people have one fear, and that is the fear of the oppressor. The oppressed people respect one person, and that is the oppressor. In Nigeria, people are so afraid that those who have amassed wealth will come to use the wealth to hang on to their necks, perpetually, and that is what we see today in terms of achievements, in terms of accomplishments, in terms of knowing what to do. You see, you cannot give what you don’t have. Politics is not about I have just been in power or where you come from or your religion. It is about managing people and resources. How many people in politics today have managed people and resources successfully?

ARISE: Great insight you shared from Ramaphosa to a lot of people, but a lot of people will argue that Ramaphosa was not necessarily a new comer in South Africa. He has been in the trenches since the Apartheid days since the 80s. In fact, he was the leader of the union. But it is good you talked about the oppression. I think it was Steven Biko that said that the most important tool in the hands of the oppressor is the mind of the oppressed. How are we going to change the mindset of Nigerians that have been constantly oppresses over the years. And secondly, based on your empirical stratification, what is the most important problem facing Nigeria as we speak today?
MOMODU: Fantastic! You just confirmed what Paulo Frere said about the oppressed. The best way to change the mindset of the oppressed is by bringing someone who is bold enough to challenge that status quo. There is no where in the world where things don’t change if one man is ready to make the necessary sacrifices . Chief Abiola made that sacrifice. That is that. The biggest problem facing Nigeria today is lack of unity. I tell people today that anybody can build roads, but if you have a leader who does not have the mindset of uniting the country; that is why everybody keeps saying I’m Biafra, I’m Yoruba Nation and so on. This is because you have leaders who does not believe in one Nigeria. I am a child of diversity; my father came from Edo State (south south), married my mother in Ile-Ife from Gbogan in Osun State (south west). Today, I am one of the closest people you will find in Igbo land. If you have been following me on social media, I am the only person ever mentioned by name by Mazi Nnamdi Kanu that this is a man who speaks the way a Nigerian should speak. That he says he would turn the south east into a technology hub, a Silicon Valley. If this is how the other leaders were speaking, we would not be agitating the way we are. So, you just need someone who can turn the depression and frustrations around – bring joy back to Nigeria. The country is a depressive mood. I have not seen any of the leaders you have mentioned who have that kind of diversity. My surname is Momodu. My grandparents were Muslims and my parents were Christians. So, I understand the dynamics of those sentiments because in Nigeria, it is always ethnicity, religion and of course loads of cash. On all three accounts, I may not have my own personal cash, but I have worked most of my live with those who control the economy of Nigeria, and that is important. If you are not in business, you may not even know how to manage resource. A man who never managed one million, you now give him 10 trillion to manage; he is going to find it difficult. A man, who has no knowledge about how to turn one naira to 10 naira; it is going to be difficult to hand over a country to such a person.
ARISE: Well, two quick ones. 1. Why the PDP and why not the APC because in 2015, you were pro-APC/Buhari. Shortly after the election, you were publicly seen visiting the president, presenting your books to him and all of that. What happened and how and why did you part ways with you friends in APC. And then on Saturday, you wrote on the back page of ThisDay on the ‘Owners of Nigeria’. We are running a democracy; is there any such thing as people who own Nigeria? Doesn’t Nigeria belong to all of us? I know you mentioned some names but they have just one vote just like the rest of us.
MOMODU: Reuben, you know better, but let me start from Buhari. When I supported Buhari, I was not a member of APC. In every election, there are usually two main contenders, and it was between Buhari and your former boss, Dr. Goodluck Jonathan. Our problem then was that we thought we have seen the worse from PDP, and I have since apologise for that mindset. We never knew it could get worse; that is one of the shortfalls of democracy; there are no guarantees that the next person will be better than the last. So, I supported Buhari just because he was the option given to us at that time. When things started going wrong, and I saw the danger signals early enough, I immediately started firing memos at him. That was when he invited me. I didn’t go there on my own to ‘jollificate’ (general laughter). I went there to talk serious. And mercifully, I was alone with him in the room, and I saw another danger signal. I could see that a lot of his aides, cause he had appointed a few, were afraid. They couldn’t go in with me. The book I was giving to him was not yet a book. I did a hurried compilation of my articles, and I told the president how for five years I was advising President Jonathan as a special adviser – free of charge. I appointed myself special adviser (I was doing doing your job for you by writing every Saturday). And I don’t just criticise government, I proffer solution. I was doing that for five years, and so I quickly did a compilation and presented President Buhari, and said I will be doing the same for you. So, for me, that is what every patriotic citizen does; talk to your leader, speak truth to power. I never quarreled with him till today, it is nothing personal. I can show you from my email that I am still the one in Nigeria in who is not in government, who receives his pictures directly from the presidency, and I post them free of charge again. I advise him free of charge. My biggest problem with him was the way Nigeria became divided. I didn’t expect him to know much about the economy; I thought he would rely on his team led by the Vice President and others. But what did they do? They emasculated the VP. They practically went on a dinge, on rampage and doing whatever they like. When I saw that his case has become irredeemable; you don’t just give up on a leader, then I looked for the next alternative, and that was Atiku Abubakar presented to us by PDP. Again, I was not a member of PDP – that is how you know principled people. If there are two candidates, and you have seen the worst of one, what other options do you have? You go to the next one. I wasn’t a member of PDP. Today, I can see the excuse that they can use in 2023 – ‘you people didn’t offer yourselves, so we used those who were available’. I can tell you confidently that there is nobody currently in Nigerian politics today who can say he was ahead of me in politics. By 1983, I was private secretary to Chief Omoboriwo, the then Deputy Governor of Ondo State, and from that moment, my trajectory is uncommon, and I think it was orchestrated by God Himself because it is uncommon to find someone at 23 to work for the Deputy Governor of Ondo State when it was a combination of Ondo and Ekiti. By 25/26, working for the Ooni of Ife, Oba Okunade Sijuade in a palace where politicians converge whether you are NPN or UPN. You know how close Oba Sijuade was to the Awolowos. He taught me how to be tolerant. He was also close to the Shagari people. And we need that at this time in Nigeria. Nigeria is just hanging.

Dele Momodu with Vice President, Prof. Yemi Osinbajo
ARISE: What about those you described as the owners of Nigeria
You see, you have to know your history. In 1999 – I am one person Port Harcourt people call talk-na-do I don’t just talk, I act. In 1999, I was supporting Chief Olu Falae against Chief Obasanjo, a retired army general. I thought Chief Falae as a banker and economist would be able to handle Nigeria better. I then suggested to Chief that please, if you are picking your running mate, pick a cerebral northerner, and he asked me who I had in mind and I mention Dr. Rilwanu Lukman, who was at OPEC. I was 38 years old. I spent my own resources, traveled to Vienna to meet with Dr. Lukman, who then gave me that insight into the owners of Nigeria. He asked my mission, and I said ‘sir, we want you to be running mate to Chief Falae’. Then he laughed then said after he calmed down: ‘Dele, thank you so much but I can’t’. I said ‘why not? He said because the owners of Nigeria have decided they want Obasanjo. I asked if we were not going to have election, and he said no, it was not by elections. And he mentioned their names, and of all the names he mentioned, only one is not alive. I believe God has preserved them so they could see a change in Nigeria. That was why I appealed to them last Saturday. The only person that has departed; God bless his soul is General Wushishi, All the others – General Obasanjo, General Abdulsalam Abubakar, General Ibrahim Babangida, General Aliu Gusua, Lt General TY Danjuma – they are all around. And I am sure they too must be tired of what they are seeing. My appeal to them is very genuine, patriotic and sincere that please we know you have the power. I am sure you heard the story given in 2018/19 about how PDP was almost picking my brother, Tambuwal, and suddenly the owners of Nigeria intervened and said they preferred Atiku, and that was how Atiku emerged. So you have to understand. A lot of people walk the street shouting go and get PVC. I was at Sheraton sometime ago, and we were talking, and I said no, it’s not about getting PVC yet, it is about getting the right candidate. Let the young Nigerians fight for the two parties. What I am doing now is practicing what I preach.
ARISE: Let’s go back to the issue of unity. It is one of the tragedies that we have seen in the history of Nigeria – the complete collapse of that unity because of these agitations for secession, self determination and what have you. Look at what happened in America with Joe Biden. A lot of people were thinking that Biden was actually the messiah that would at least unify the nation but he has not been able to do that. What policies do you have in mind to unify the country
MOMODU: You see, most things I learnt (addressing Tundun), I learnt from your dad (Chief Abiola). It is very easy. What did Chief Abiola do? He employed people from everywhere. At Concord, you will think you are in a mini Nigeria. It didn’t matter where you come from. That’s one. Two – meritocracy – put merit above ethnic sentiment. If I want someone from Adamawa today, I’m sure I will find a qualified person from Adamawa. But most politicians don’t have the patience to search for competent people. That is the problem. The moment you are able to be fair to all – the moment you are able to have competent people, nobody will complain. Since I joined PDP, you don’t see all those people who use to shout Biafra, Biafra on my social media pages – now they are like maybe there is hope after all. Nigerians love Nigeria. How you know it when they are playing football. But the moment they come and say that somebody has just been shot somewhere – they arrested him – they made a phone call – they released him. That is not going to work. Trust me, I have the capacity. I have walked across Nigeria, and I have beyond Nigeria. Nigerians will begin to have renewed hope in their country. That’s why your dad’s (Abiola) mantra was hope. If you don’t give hope to the people, they will continue to agitate. It is clear; it is very important. You must give them hope; you must give them confidence that you are here for them. That every inch of Nigeria belongs to Nigerians.
ARISE: So two questions – you have been able to state that there are owners of Nigeria and you mentioned their names. You have been able to state your antecedents. Some other people will argue that that is exactly the problem as regards to your candidacy because you are friends to these owners of Nigeria and the thoughts of these owners of Nigeria are at variance with the common man that finds it difficult to eat on the streets of Nigeria. So a lot of people still see you as part of them. What is going to be your answer to that. Then secondly, you said give Nigerians hope – will hope reverse the 15% inflation rate? Will hope reverse close to 40% unemployment rate? Will hope reverse high debt of service ratio in Nigeria? What are doing specifically as regards the problem of the economy we have on ground?
MOMODU: Let me speak to you first about the question about friends. How many people criticise their friends when they are in power? When Dr. Reuben Abati’s party was in power, and I believe I was one of the closest people to him. He was not only in government. He was in power. In fact, in one instance (addressing Abati), you over reacted, and we have to settle it later. He overreacted – he couldn’t take it any longer – that is how you know a serious candidate. A candidate is that man who can look at anyone – be you Babangida or Obasanjo and say sir, what you are saying is wrong. Even my father – my royal father – you remember my part when Oba Sijuade said Babangida was making sense. I couldn’t sleep that night. I came out smoking. I had to go and prostrate later and apologise to the elder as a custodian of tradition. But the truth is, I said my mind. That is why I have been in opposition all my life. God preserved me for this role – trust me. There are not many Nigerians who can stand up and would not be afraid that the – you saw how Buhari was harassing journalists when he came. Abati was also harassed for just doing his job. Did you see my name anywhere? No! Because everything I do I do on principle. The last thing you lose before you die is hope. Nigeria needs hope first. There is no magician, no weapon can change Nigeria in two months. When Buhari came, people thought he was serious. Even my driver in London from Afghanistan told me ‘I hear you now have a good leader in Nigeria’. You see there is a way hope radiates across everywhere. When you give people hope, they are ready to make sacrifice, do what you want them to do, pay their taxes. The first thing is to get the right mood. The atmosphere in Nigeria now is so fouled up that nobody believes in Nigeria. The few people that have money would rather take it elsewhere to invest. For me, the first thing is to make sure that we have a star-studded cabinet of people of ideas. Everywhere in the world – even you will see that in America, they take their debates to one campus or another unlike Nigeria where you have to go to Transcorp building or the best hotel. No, the reason is because the intellectual pace of a country is what determines how serious you are. You must seek help from your brightest brains, and we have them everywhere. Go and get a good team. At Ovation, when we started in 1996, they told us it would not survive six months. But we made a promise that we would do it. What has sustained us is the fact that we were able to get a good team. We maintained a good team; we got the best filters; we got the best printers; the best cargo company. The next president of Nigeria must be the CEO of Nigeria, and must be a Brand manager. Nigeria needs rebranding. That’s what hope means. If you don’t have a leader who knows how to manage people and resources, then you just go and bring politicians. Then they will come and share all the portfolios. Then you cry for another three four years, and then they come again for the same process.
ARISE: There was a topic we discussed earlier; organised labour protesting the removal of fuel subsidy. Do you support the removal of fuel subsidy?
MOMODU: This has always been a delicate question which I have asked a lot of people in the industry. And it is one of the issues I am going to address going forward in the next couple of weeks. It becomes very difficult for me to understand what subsidy means when three to four governments have always said they want to remove subsidy. On the oil economy – All over the world, they look at the rates and the movement of the dollar reflects on the pump price. And because everything that goes up doesn’t come down in Nigeria as we work against the law of gravity, we need the experts to sit down and determine what it really costs to produce. And then this idea that we must continue to refine oil abroad. Why? Has it become a jinx? That’s one of the promises that we held Buhari to, thinking that Buhari being in the industry previously will understand how to manage it better, and he gave us hope that everything was going to stabilise. The only way we are going to know what is subsidy is when they give us the actual price abroad, and it reflects in the pump price. And also when we can finally settle everything at home because we love to import what we produce at home and it must not continue. Until a leader is ready to do that, we will continue to talk about subsidy, and most of them non-existent.
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Headline
Tinubu’s 2026 Budget Bad Omen for Nigerians – PDP
Published
17 hours agoon
December 21, 2025By
Eric
By Eric Elezuo
The 2026 Appropriation Bill presented by President Bola Tinubu before a joint session of the National Assembly has been rated below par, and described as a bad omen for Nigerians, by the opposition Peoples Democratic Party (PDP).
The Tanimu Turaki-led Peoples Democratic Party (PDP) said on Friday that President Bola Tinubu’s 2026 budget would add to the sufferings of Nigeria rather than giving them any renewed hope or consolidation of economic reforms.
The party noted that there would be no renewed hope in an environment where hunger, insecurity and other forms of deprivation were the lot of Nigerians.
It cited the 2025 World Bank Poverty & Equity Brief, which placed more than 30.9% of Nigerians below the international extreme poverty line.
“This shows that there is growth without prosperity for our citizens, meaning that despite GDP growth, poverty remains endemic”, the National Publicity Secretary, Comrade Ini Ememobong, stated on Friday soon after Tinubu presented the 2026 Appropriation Bill of N58.18trillion to a joint session of the Senate and the House of Representatives in Abuja.
Ememobong noted: “The budget, which is themed ‘Budget of Consolidation, Renewed Resilience and Shared Prosperity’, claims that the economy is stabilising and promises shared prosperity.
“In response, we see it rather as a budget of consolidated renewed sufferings, because what Nigerians have witnessed since the birth of this administration is nothing but unmitigated hardship on the people, while the governing class relishes in affluence.
“Nigerians have suffered greatly from many economic woes under this administration.
“President Tinubu cited a 3.98% GDP growth rate as evidence of economic stabilisation under his administration.
“However, it is well established that economic growth alone does not and cannot guarantee improved living standards for citizens.
“According to the 2025 World Bank Poverty & Equity Brief, more than 30.9% of Nigerians live below the international extreme poverty line. This shows that there is growth without prosperity for our citizens, meaning that despite GDP growth, poverty remains endemic.
“This clearly indicates that whatever economic gains exist are not reaching the majority of Nigerians.”
The PDP rejected the President’s figures on economic progress, saying rather that Nigeria has been on rever gear.
“The President stated that the economy under his watch grew by 3.98% without stating the sectors that stimulated the growth or identifying those who benefitted from it. This figure reflects the economic decline the nation has suffered under the leadership of the APC-led Federal government when compared to the growth rate of 6.87% recorded in 2013(same period under the last PDP administration), which was driven largely by non-oil sectors such as agriculture and trade.
“Today, the President celebrates a 3.98% growth rate, whereas a reality check reveals excruciating hunger, a high cost of living, and other indices of economic hardship, which Nigerians are currently facing.
“While we acknowledge the security allocation in the 2026 budget, we must remind the government and Nigerians that allocation alone is insufficient.”
The party added, “We therefore, demand effective and transparent execution to ensure that security funding translates into tangible improvements -modern equipment, adequate ammunition, improved intelligence capabilities, and better welfare for security personnel who are currently engaged in different theatres of armed conflict, where criminal non-state actors are alleged to possess superior arms compared to our security forces.
“Overall, we are deeply concerned about the unapologetic admission by the President that the execution of the 2024 capital budget had been extended to December 2025, while the 2025 budget is still in force.
“This confirms the long-standing rumours of the concurrent operation of multiple budgets.
“This cannot be described as best practice, as every budget has a defined period of operation and no two budgets should operate concurrently. The operation of different budgets at the same time undermines fiscal discipline, transparency, and accountability. These multiple budgetary regimes show yet another unprecedented negative feat by this APC Bola Tinubu-led administration.
“We hereby call for increased transparency and accountability in the administration of the finances of our country, as these have been conspicuously absent so far under this administration.
“Financial accountability and transparency are critical to public trust-building and effective public administration.”
The budget with the theme, “Budget of consolidation, Renewed Resilience and Shared Prosperity”, is N3.19trillion higher than the N54.99trillion approved for 2025.
The key aggregates of the budget are expected revenue of N34.33trillion; debt servicing of N15.52trillion; recurrent (non‑debt) expenditure of N15.25trillion; capital expenditure of N26.08trillion; a deficit of N23.85trillion representing 4.28% of GDP.
In addition, the budget will be benchmarked at $64.85 per barrel of crude oil, daily oil production of 1.8million barrels and a dollar/naira exchange.
Below is the full presentation of Tinubu’s 2026 Budget:
FULL SPEECH BY PRESIDENT BOLA AHMED TINUBU AT THE PRESENTATION OF THE 2026 NATIONAL BUDGET
“Budget of Consolidation, Renewed Resilience and Shared Prosperity”
Distinguished Senate President,
Rt. Honourable Speaker and Honourable Members of the House of Representatives,
Distinguished Senators and Honourable Members of the National Assembly,
Fellow Nigerians,,
1. I am here today to fulfil an essential constitutional obligation by presenting the 2026 Appropriation Bill to this esteemed Joint Session of the National Assembly for your consideration.
2. This budget represents a defining moment in our national journey of reform and transformation. Over the last two and a half years, my government has methodically confronted long‑standing structural weaknesses, stabilised our economy, rebuilt confidence, and laid a durable foundation for the construction of a more resilient, inclusive, and dynamic Nigeria.
3. Though necessary, the reforms have not been painless. Families and businesses have faced pressure; established systems have been disrupted; and budget execution has been tested. I acknowledge these difficulties plainly. Yet, I am here, today, to assure Nigerians that their sacrifices are not in vain. The path of reform is seldom smooth, but it is the surest route to lasting stability and shared prosperity.
4. Today, I present a Budget that consolidates our gains, strengthens our resilience, and takes this country from out of the dark tunnel of hopelessness, from survival to growth.
5. The 2026 Budget is themed: “Budget of Consolidation, Renewed Resilience and Shared Prosperity”. It reflects our determination to lock in macroeconomic stability, deepen competitiveness, and ensure that growth translates into decent jobs, rising incomes, and a better quality of life across for every Nigerian.
6. Mr. Chairman, Leaders of the National Assembly, while the global outlook continues to improve, this Budget aims to further strengthen our Nigerian economy to benefit all our citizens.
7. I am encouraged that our reform efforts are already yielding measurable results:
1) Our economy grew by 3.98 per cent in Q3 2025, up from 3.86 per cent in Q3 2024.
2) Inflation has moderated for eight consecutive months, with headline inflation declining to 14.45 per cent in November 2025, from 24.23 per cent in March 2025. With stabilising food and energy prices, tighter monetary conditions, and improving supply responses, we expect the deflationary trend to persist over the 2026 horizon, barring major supply shocks.
3) Oil production has improved, supported by enhanced security, technology deployment, and sector reforms.
4) Non‑oil revenues have expanded significantly through better tax administration.
5) Investor confidence is returning, reflected in capital inflows, renewed project financing, and stronger private‑sector participation.
6) Our external reserves rose to a 7‑year high of about US47 billion dollars as of last month, providing over 10 months of import cover and a more substantial buffer against shocks.
8. These outcomes are not accidental or lucky. They are the consequence of our difficult policy choices. Our next objective is to deepen our gains in pursuit of enduring and inclusive prosperity.
9. Mr. Chairman, Distinguished Members, our 2025 budget implementation faced the realities of transition and competing execution demands. As of Q3 2025, we recorded:
• 18.6 trillion naira in revenue — representing 61% of our target; and
• 24.66 trillion naira in expenditure — representing 60% of our target.
10. Following the extension of the 2024 capital budget execution to December 2025, a total of 2.23 trillion naira was released for the implementation of 2024 capital projects as of June 2025.
11. While fiscal challenges persisted, the government met its key obligations. However, only 3.10 trillion naira — about 17.7% of the 2025 capital budget — was released as of Q3, reflecting the emphasis on completing priority 2024 capital projects during the transition period.
12. Let me be clear: 2026 will be a year of stronger discipline in budget execution. I have issued directives to the Honourable Minister of Finance and Coordinating Minister of the Economy, the Honourable Minister of Budget and Economic Planning, the Accountant‑General of the Federation, and the Director‑General of the Budget Office of the Federation to ensure that the 2026 Budget is implemented strictly in line with the appropriated details and timelines.
13. We expect improved revenue performance through the new National Tax Acts and the ongoing reforms in the oil and gas sector — reforms designed not merely to raise revenue, but to drive transparency, efficiency, fairness, and long‑term value in our fiscal architecture.
14. I have also provided clear and direct guidance regarding Government‑Owned Enterprises. Heads of all agencies have been directed to meet their assigned revenue targets. To support this, we will deploy end‑to‑end digitisation of revenue mobilisation — standardised e‑collections, interoperable payment rails, automated reconciliation, data‑driven risk profiling, and real‑time performance dashboards — so leakages are sealed, compliance is verifiable, and remittances are prompt. These targets will form core components of performance evaluations and institutional scorecards. Nigeria can no longer afford leakages, inefficiencies, or underperformance in strategic agencies. Every institution must play its part.
15. Mr Chairman and fellow Nigerians, the 2026 Budget is guided by four clear objectives:
1) Consolidate macroeconomic stability;
2) Improve the business and investment environment;
3) Promote job‑rich growth and reduce poverty; and
4) Strengthen human capital development while protecting the vulnerable.
16. In short: we will spend with purpose, manage debt with discipline, and pursue broad-based, sustainable growth.
17. Distinguished Members, the 2026 Federal Budget is anchored on realism, prudence, and growth.
18. The key aggregates are as follows:
1) Expected total revenue is 34.33 trillion naira.
2) Projected total expenditure is 58.18 trillion naira, including 15.52 trillion naira for debt servicing.
3) Recurrent (non‑debt) expenditure is 15.25 trillion naira.
4) Capital expenditure will be 26.08 trillion.
5) The Budget deficit is expected to be 23.85 trillion naira, representing 4.28% of GDP.
19. These numbers are not mere accounting lines. They are a statement of national priorities. We remain firmly committed to fiscal sustainability, debt transparency, and value‑for‑money spending.
20. The 2026–2028 Medium‑Term Expenditure Framework and Fiscal Strategy Paper sets the parameters for this Budget. Our projections are based on:
1) a conservative crude oil benchmark of US64.85 dollars per barrel;
2) crude oil production of 1.84 million barrels per day; and
3) an average exchange rate of 1,400 naira to the US Dollar for the 2026 fiscal year.
21. We will continue to reduce waste, strengthen controls, and ensure that every naira borrowed or spent delivers measurable public value.
22. Our allocations reflect the Renewed Hope Agenda and the practical needs of Nigerians. Key sectoral provisions include:
1) Defence and security: 5.41 trillion naira
2) Infrastructure: 3.56 trillion naira
3) Education: 3.52 trillion naira
4) Health: 2.48 trillion naira
23. These priorities are interlinked. Without security, investment will not thrive. Without educated and healthy citizens, productivity will not rise. Without infrastructure, jobs and enterprises will not scale. This Budget is, therefore, designed to provide a single, coherent programme of national renewal.
A. National Security and Peacebuilding
24. National Security remains the foundation of development. The 2026 Budget strengthens support for:
• modernisation of the Armed Forces;
• intelligence‑driven policing and joint operations;
• border security and technology‑enabled surveillance; and
• community‑based peacebuilding and conflict prevention.
25. We will invest in security with clear accountability for outcomes — because security spending must deliver results. To secure our country, our priority will remain on increasing the fighting capability of our armed forces and other security agencies and boosting the effectiveness of our fighting forces with cutting-edge equipment and other hardware.
26. We will usher in a new era of criminal justice. We will show no mercy to those who commit or support acts of terrorism, banditry, kidnapping for ransom and other violent crimes.
27. Our administration is resetting the national security architecture and establishing a new national counterterrorism doctrine — a holistic redesign anchored on unified command, intelligence gathering, community stability, and counter – insurgency. This new doctrine will fundamentally change how we confront terrorism and other violent crimes.
28. Under this new architecture, any armed group or gun-wielding non-state actors operating outside state authority will be regarded as terrorists.
29. Bandits, militias, armed gangs, armed robbers, violent cults, forest-based armed groups and foreign-linked mercenaries will all be targeted. We will go after all those who perpetrate violence for political or sectarian ends, along with those who finance and facilitate their evil schemes.
B. Human Capital Development: Education and Health
30. No nation can grow beyond the quality of its people. The 2026 Budget strengthens investments in education, skills, healthcare, and social protection.
31. In education, we are expanding access to higher education through the Nigerian Education Loan Fund. Over seven hundred and eighty eight thousand students have been supported, in partnership with two hundred and twenty nine tertiary institutions nationwide.
32. In healthcare, I am pleased to highlight that investment in healthcare is 6 per cent of the total budget size, net of liabilities.
33. We also appreciate the support of international partners. Recent high‑level engagements with the Government of the United States have opened the door to over 500 million United States dollars for health interventions across Nigeria. We welcome this partnership and assure Nigerians that these resources will be deployed transparently and effectively.
C. Infrastructure and Economic Productivity
34. Across the nation, projects of all shapes and sizes are moving from vision to reality. These include transport and energy infrastructure, port modernisation, agricultural reforms, and strategic investments to unlock private capital.
35. We will take decisive steps to strengthen agricultural markets. Food security shall remain a national priority. The 2026 Budget focuses on input financing and mechanisation; irrigation and climate‑resilient agriculture; storage and processing; and agro‑value chains.
36. These measures will reduce post‑harvest losses, improve incomes for small holders, deepen agro‑industrialisation, and build a more resilient, diversified economy.
37. In 2026, the Bank of Agriculture plans to plant confidence back into our soil; mechanising through seven regional hubs, protecting harvests with fair prices and substantial reserves, providing affordable finance to millions of small holders and growing export value. Under the plan, Nigerian farmers will cultivate one million hectares, create hundreds of thousands of jobs, and prove that prosperity can rise through better use of our God given land.
D. Procurement
38. Starting in November last year, the government has embarked upon a comprehensive framework of procurement reforms. These reforms have enhanced efficiency and generated significant cost savings for the government, resulting in resulting in reduced processing times for Government contracts and better enforcement procedures directed against erring contractors and government officials.
39. Our Nigeria First Policy has been established to encourage self-sufficiency and sustainable growth within Nigeria by promoting domestic products and businesses. By mandating that all Ministries, Departments, and Agencies (MDAs) consider Nigerian-made goods and local companies as their primary option, the policy aims to support local industries, create job opportunities, and reduce dependency on imported items. This bold new approach is expected to enhance the competitiveness of Nigerian enterprises, foster innovation, and ultimately contribute to the country’s overall economic development.
40. Distinguished Members and fellow Nigerians, the most significant budget is not the one we announce. It is the one we deliver.
41. Therefore, 2026 will be guided by three practical commitments:
1) Better revenue mobilisation through efficiency, transparency, and compliance.
2) Better spending by prioritising projects that can be completed, measured, and felt by citizens.
3) Better accountability through strengthening of procurement discipline, monitoring, and reporting.
42. We will build trust by matching our words with results, and our allocations with outcomes.
43. Distinguished Members of the National Assembly, fellow Nigerians, the 2026 Budget is not a budget of promises; it is a Budget of consolidation, renewed resilience and shared prosperity. It builds on the reforms of the past two and a half years, addresses emerging challenges, and sets a clear path towards a more secure, more competitive, more equitable, and more hopeful Nigeria.
44. I commend the people of this country for their understanding and resilience. My administration remains committed to easing the burdens of the transition to a more stable and prosperous nation. We promise to make sure that the benefits of reform reach households and communities across the Federation.
45. In united purpose between the Executive and the Legislature; and with the resilience of the Nigerian people, we will deliver the full promise of the Renewed Hope Agenda.
46. It is, therefore, with great pleasure that I lay before this distinguished Joint Session of the National Assembly; the 2026 Appropriation Bill of the Federal Republic of Nigeria, titled: “Budget of Consolidation, Renewed Resilience and Shared Prosperity”. I seek your partnership in charting the nation’s fiscal course for the coming year.
47. May God bless the Federal Republic of Nigeria.
48. Thank you.
Bola Ahmed Tinubu, GCFR
President, Commander-in-Chief of The Armed Forces,
Federal Republic of Nigeria
Related
Headline
Insecurity: Akpabio Begs Tinubu to Reinstate Police Orderlies for NASS Members
Published
2 days agoon
December 20, 2025By
Eric
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.
Related
Headline
Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS
Published
2 days agoon
December 19, 2025By
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.
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