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Tinubu’s Govt Worse Than Buhari’s, Says Amaechi

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A former Minister of Transportation, Rotimi Amaechi, says while former President Muhammadu Buhari did not achieve all his goals, he still performed better than the current administration led by President Bola Tinubu of the All Progressives Congress (APC).

Amaechi, also a former two-term Governor of Rivers State, made the remarks on Thursday while appearing as a guest on Channels Television’s prime programme Politics Today.

“Not everything was achieved. Buhari will tell you that he did not achieve all that he planned for. But then, he was better than the current government by all standards,” he said.

He highlighted security and institutional independence as areas where Buhari out-performed Tinubu.

“In terms of security, Buhari focused on it. In transportation, I’m open to a new challenge. Again, the independence of INEC was higher in Buhari’s government than now.

“Now, they can’t even register a party because government officials are telling them not to. Those who applied to INEC for registration — their rents have expired,” he said.

He also clarified that his criticism of President Tinubu is not personal, adding that he would have been the first to sing the President’s praises if he believed the administration was performing well.

“If Tinubu was doing well, I’d be the first to sing his praises. I feel ashamed for a President commissioning 16 kilometres of road, that’s what a local government chairman should be doing,” he stated.

The ex-minister accused the Tinubu administration of mishandling the economy, insisting it has worsened poverty across the country.

“The current government has completely buried the economy. Any economy that does not put money in the pockets of individuals in Nigeria is not an economic policy.

“You’re making savings from removing subsidy, from floating the naira — where is the money? Where is it going?”

According to him, Nigeria’s socio-economic structure has collapsed into just two classes — the elite and the poor.

“We have a situation where only members of this government are in the rich class. The middle class has vanished, and the poor are increasing. At this rate, a time will come when we won’t even see the poor anymore — they’ll have all died.”

The former Rivers State governor said his record in office remains untainted, adding that he never stole from the public purse. He also dismissed claims that his current stance is motivated by not receiving an appointment from Tinubu.

“I never stole anything in politics. I don’t drive a Rolls-Royce. I’m not in opposition because Tinubu didn’t give me an appointment. I’m not interested in any appointment.

“If there’s anyone who says Amaechi deceived them, let them come forward. If there was corruption in my tenure, let them come forward. I’m waiting,” he said.

In 2022, Amaechi formally declared his intention to contest for the presidency under the APC.

Speaking on his ability to lead Nigeria, Amaechi, who is part of the ongoing coalition talks, declared that he has what it takes to deliver results where the current government is failing.

“Of course, can I lead Nigeria? Yes. I have led as a Speaker, and I was one of the best Speakers in this country,” he said.

“Nigerians would not have been this hungry if I had become President. There is absolutely no way we would have this level of insecurity under me.”

He promised to be transparent about his credentials and fitness to lead, saying, “In the next three weeks, I’ll publish my health details, age, birth certificate, and school certificate. I’ll reassure Nigerians that I won’t be going to hospitals if I am made president.”

On party politics, he lauded the efforts of the African Democratic Congress (ADC), where he’s a notable figure in a new coalition gearing up for the 2027 elections.

“Once the people want their power, they can restore it. That’s what the ADC is doing — trying to end political apathy and return power to the people,”Amaechi said.

He added that the leadership of ADC will ultimately determine the fate of the All Democratic Alliance (ADA), being considered as a merger platform.

Amaechi stressed that the goal of the opposition coalition is not just about elections, but the future of the country.

“The coalition’s ultimate goal is to see a better Nigeria. If I become President, I’ll accept a one-term tenure if that’s what it takes to fix the country,” he said.

When asked about Nigeria’s political future, Amaechi made a call for reform
“We need to remove politicians — including myself, if necessary. What Nigeria needs is a people’s government. And in that government, we can look at politicians who are qualified to actually listen to the people.”

Weighing in on the electoral body, he accused the Independent National Electoral Commission (INEC) of enabling the ruling APC by deliberately closing the political space.

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US Cancels Visa Processing for Nigeria, Brazil, Russia, 72 Other Countries

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The Trump administration is suspending all visa processing for applicants from 75 countries, a State Department spokesperson said on Wednesday.
The spokesperson did not elaborate on the plan, first reported by Fox News, which cited a State Department memo.
The pause will begin on January 21, Fox News said.
Somalia, Russia, Iran, Afghanistan, Brazil, Nigeria, Thailand are among the affected countries, according to the report.
The memo directs U.S. embassies to refuse visas under existing law while the department reassesses its procedures. No time frame was provided.
The reported pause comes amid the sweeping immigration crackdown pursued by Republican U.S. President Donald Trump since taking office last January.
In November, Trump had vowed to “permanently pause” migration from all “Third World Countries” following a shooting near the White House by an Afghan national that killed a National Guard member.
Source: Reuters

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‘A Friend of a Thief is a Thief’, Defence Minister Warns Gumi, Other Bandit-Sympathizers

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The Minister of Defence Minister, Lt.-Gen. Christopher Musa, (rtd), has warned Sheikh Ahmed Gumi and other persons in the country against including bandits in northern brotherhood.

General Musa, via a statement on Wednesday in Maiduguri, declared: “A friend of a thief is a thief,” warning Nigerians against supporting terrorists and bandits in any form.

He said that the warning statement is neither accidental nor symbolic; explaining that it is a clear response to narratives previously promoted by Sheikh Gumi, who described bandits’ hiding in the bush as “our brothers” and argued that society cannot do without them.

General Musa’s message draws a firm line between compassion and complicity. While empathy has its place, justifying or normalising terrorism only strengthens criminal networks that have devastated communities, displaced families, and claimed innocent lives.

Labeling bandit as “brothers” does not reduce violence it legitimizes and undermines national security efforts.

The Defence minister’s warning serves as a reminder that terrorism thrives not only on weapons but also on moral cover. Anyone who excuses, defends, or shields criminals through words, influence, or silence shares responsibility for the consequences. In matters of national security, neutrality is not an option.

Nigeria cannot defeat banditry and terrorism while dangerous rhetoric blurs the line between victims and perpetrators. The choice is clear: stand with the law and the nation, or be counted among those enabling crime.

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Strategy and Sovereignty: Inside Adenuga’s Oil Deal of the Decade

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By Michael Abimboye

In global energy circles, the most consequential deals are often not the loudest. They unfold quietly, reshape portfolios, recalibrate value, and only later reveal their full significance.

The recent strategic transaction between Conoil Producing Limited and TotalEnergies belongs firmly in that category. A deal whose implications stretch beyond balance sheets into Nigeria’s long-troubled oil production narrative.

For Mike Adenuga, named The Boss of the Year 2025 by The Boss Newspapers, the agreement is more than a corporate milestone. It is the culmination of a long-term upstream strategy that is now translating into hard value barrels, cash flow, and renewed confidence in indigenous capacity.

At the heart of the transaction is a portfolio rebalancing agreement that sees TotalEnergies deepen its interest in an offshore asset while Conoil consolidates full ownership of a producing block critical to its medium-term growth trajectory. The parties have not publicly disclosed the monetary value, industry analysts place similar offshore and shallow-water asset transfers in the high hundreds of millions of dollars, depending on reserve certification and development timelines. What is indisputable, however, is the deal’s structural clarity: each partner exits with assets aligned to its strategic strengths.

For Conoil, the transaction represents something more profound than asset shuffling. It is the validation of an indigenous oil company’s ability to operate, produce, and partner at scale. That validation was already underway in 2024, when Conoil achieved a landmark breakthrough: the successful production and export of Obodo crude, a new Nigerian crude blend from its onshore acreage.

In a country where new crude streams have become rare, Obodo’s emergence signalled operational maturity. More importantly, it shifted Conoil from being perceived primarily as a downstream and marginal upstream player into a full-spectrum producer with export-grade assets.

The commercial impact was immediate. Obodo crude enhanced Conoil’s revenue profile, strengthened cash flows, and materially improved the company’s asset valuation.

For Mike Adenuga, Obodo represented something else entirely: oil income with scale and durability. Producing crude shifts wealth from theoretical to realised. It is the difference between potential and proof.

That momentum was reinforced by Conoil’s acquisition of a new drilling rig, a move that underscored its intent to control not just resources, but execution. In an industry where rig availability often dictates production timelines, owning modern drilling capacity gives Conoil a strategic advantage lowering costs, reducing dependency, and accelerating development cycles. It also enhances the company’s bargaining power in partnerships such as the one with TotalEnergies.

Taken together, the Obodo crude success, the rig acquisition, and the TotalEnergies transaction, these moves materially expand Conoil’s enterprise value. While private company valuations remain opaque, upstream assets with proven production, infrastructure control, and international partnerships typically command significant multiple expansion. For Adenuga, all of these represents a stabilising and appreciating pillar of wealth.

As The Boss Newspapers honours Mike Adenuga as Boss of the Year 2025, the recognition lands at a moment when his oil ambitions are no longer peripheral to his legacy. They are central. In Obodo crude, in steel rigs, and in carefully negotiated partnerships, Adenuga is shaping a version of Nigerian capitalism that privileges patience, scale, and execution over spectacle.

In the end, the most powerful statement of wealth is not net worth rankings or headlines. It is the ability to convert strategy into assets, assets into production, and production into national relevance. On that score, the Conoil–TotalEnergies deal may well stand as one of the most consequential chapters in Mike Adenuga’s business story and in Nigeria’s evolving oil future.

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