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Unverified N30bn Palliatives: Akpabio Apologises to State Govs

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The President of the Senate, Godswill Akpabio, has apologised to the state governors over his comment on the N30bn hardship allowance allegedly paid to them from the federation account.

Akpabio, during plenary last Tuesday, had said an “unverified report” indicated that state governors received N30bn each from the Federal Government to cushion the effect of inflation and high cost of food prices.

He made the comments during deliberation on the alleged N30trn Ways and Means advances  from the Central Bank of Nigeria to the former President Muhammadu Buhari’s administration.

The Federal Government in September 2023, said N2bn was released to governors out of the N5bn loan it promised them as a palliative to cushion the effect of the removal of fuel subsidy.

In response to the Senate President’s unverified claims, the Governor of Oyo State, Seyi Makinde, and the Akwa Ibom State government had denied receiving the N30 billion Federal Government’s cash disbursement to states to cushion the effects of the prevailing socio-economic hardship as stated by Akpabio.

However, Akpabio ate the humble pie Monday night when he apologised to the governors and regretted making the statement while relying on unverified information.

The Special Adviser to the Senate President on Media and Publicity, Hon Eseme Eyiboh, said Akpabio held the governors in high esteem.

The statement was titled, “N30bn to state governors from unverified report: I hold governors in high esteem – Akpabio”

It reads in part, “The office of the President of the Senate has been drawn to various misconceptions in the public domain on the statement credited to the President of the Senate in plenary of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance.

“During the session the President of the Senate commented on the payment of an unverified cumulative sum of about #30bn to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.

“The unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted.

“In considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.

“The President of the Senate is not oblivious to the fact that state governments are functional partners in all the efforts of the current administration of President Bola Tinubu.

“They are also valuable stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people.

“The President of the Senate has always demonstrated commitment to team building and shall not do less in the circumstance.

“He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement.

“The President of the Senate recognises and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.”

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Yes! Magazine Publisher, Azuh Arinze, Conferred with Fellowship of NGE

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The 21st All Nigeria Editors Conference (ANEC), held from November 11–14, 2025 at the magnificent Aso Villa and NAF Centre in Abuja, will be remembered for many reasons – its robust conversations, its galaxy of eminent speakers, and its firm focus on national cohesion.

But for Azuh Arinze, Publisher/Editor-in-Chief of YES INTERNATIONAL! Magazine, it was the final day that proved most unforgettable, as he was formally conferred with the prestigious Fellowship of the Nigerian Guild of Editors (NGE) – an honour both well deserved and warmly applauded.

Themed “Democratic Governance and National Cohesion: The Role of Editors,” the conference assembled the highest echelon of Nigeria’s political, media, security and thought leaders. President Bola Ahmed Tinubu, who graced the occasion as Special Guest of Honour, delivered remarks underscoring the indispensable role of a free and responsible press in safeguarding national stability.

The keynote address by Governor Hope Uzodimma of Imo State resonated deeply, as he spoke passionately about the responsibility of editors in shaping democratic narratives, holding public office accountable and bridging Nigeria’s complex socio-political divides.

Other distinguished contributors were Alhaji Mohammed Idris, Minister of Information and National Orientation; Mr. Peter Obi, former Governor of Anambra State and Labour Party presidential candidate; Hon. Rotimi Amaechi, former Governor of Rivers State and ex-Minister of Transportation; and General Lucky Irabor (rtd.), former Chief of Defence Staff. Their perspectives enriched the conference with remarkable clarity and candour.

The event was jointly chaired by two towering figures – His Eminence, Alhaji Muhammad Saad Abubakar, Sultan of Sokoto, and Prince Nduka Obaigbena, Chairman of ThisDay and Arise News Media Group. Both leaders commended the Guild for elevating excellence and reinforcing professional standards.

When the Fellowship announcement was made, the hall erupted in applause. With characteristic humility – yet visibly moved – Azuh Arinze stepped forward to receive the honour.

“This Fellowship means a lot to me,” he said, smiling broadly as he returned to his seat. “It is a beautiful reminder that dedication, consistency and integrity still count in our profession. I am grateful to the Nigerian Guild of Editors, and I dedicate this honour to every journalist who wakes up daily to tell the stories that matter.”

Azuh Arinze’s journalism journey has been one of passion, persistence and purpose.

He began his career in the bustling Lagos media landscape 30 years ago, cutting his teeth as an IT student at FAME Weekly, armed with curiosity and a hunger to learn. Over the years, he rose steadily and impressively, distinguishing himself through his flair for human-interest stories, compelling interviews and thorough investigative reporting.

He became widely celebrated during his inspiring years at National Encomium (later Encomium Weekly), where he served as Editor for eight uninterrupted years. His editorial brilliance also flourished at Reel Stars, where he also served as Editor, helping to redefine entertainment journalism with depth, credibility and flair.

Today, he is best known as the Publisher/Editor-in-Chief of YES INTERNATIONAL! Magazine, a platform that continues to set standards in personality, lifestyle and development journalism. Through the magazine, his interviews with leading figures across politics, business, media and entertainment have become reference points for students, creators and seasoned professionals.

Beyond print, Azuh is an accomplished author of nine widely regarded books that explore success, leadership and the power of storytelling. As a media entrepreneur and mentor, he has played a pivotal role in nurturing young journalists and promoting ethical, impactful journalism.

His contributions to the media profession have earned him multiple honours over the decades, and his elevation as a Fellow of the Nigerian Guild of Editors stands as a crowning recognition.

He holds a Master’s degree in Public Administration, a BSc in Public Administration and a HND in Mass Communication – and is currently back in school, pursuing further studies.

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Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit

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The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.

The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.

The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.

This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).

In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.

President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.

The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.

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APC’s Joe Igbokwe Calls for Dismissal of Soldier Who Stood His Ground Against Wike

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A member of the All Progressives Congress (APC), Joe Igbokwe, has called for the dismissal of the soldier who resisted the Minister of the Federal Capital Territory, Nyesom Wike.

The soldier had blocked Wike and officials of the FCTA from accessing a portion of land in the FCT.

The officer, claiming he was acting on instructions, told Wike that he would not be allowed into the property. Wike, however, questioned his authority, leading to a heated confrontation and name calling.

Reacting on Facebook, Igbokwe questioned who was behind the military officer in challenging the FCT Minister.

He wrote, “Who is this man in uniform? Of what meat is he fed? Who is beating the drum for him? This is unacceptable? His uniform has to be removed.”

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