- Jonathan Reflects on Emotional Toll of 2015 Election Loss
Former President Goodluck Jonathan opened up about the emotional difficulty he experienced after losing the 2015 election. Speaking at the Raymond Dokpesi Annual Diamond Lecture, Jonathan recounted feeling as though the world turned against him, but acknowledged support from media mogul Raymond Dokpesi. - Obasanjo: “$70 Billion I Left in Nigeria’s Coffers Has Vanished”
Former President Olusegun Obasanjo voiced his concern over Nigeria’s financial state, revealing he left $70 billion in reserves in 2007, which has since dissipated. He criticized current leadership, pointing out Nigeria now has more debt than when he first took office. - Pray for Tinubu to Succeed, Says Wike
Minister of the Federal Capital Territory, Nyesom Wike, called on Nigerians to pray for President Bola Tinubu’s success. During a road project inauguration in Abuja, he praised Tinubu’s dedication to fulfilling his campaign promises. - Senate to Begin Ministerial Nominee Screening on Tuesday
The Senate will commence screenings next Tuesday for seven ministerial nominees from President Tinubu. The candidates include notable figures for roles in Humanitarian Affairs, Foreign Affairs, and Housing. - Tinubu’s Decision to Dismiss Five Ministers Explained
Fresh insights reveal President Tinubu’s decision to dismiss five ministers stemmed from performance reviews and public feedback. The presidency stated the move aims to boost efficiency in government. - Defence Minister Vows Tinubu’s Support in Fighting Insecurity
Minister of Defence Badaru Abubakar assured troops in Katsina that President Tinubu is fully committed to providing resources necessary to curb insecurity, urging military personnel to continue their efforts against banditry. - House of Representatives Challenges CBN on Old Naira Note Validity
Lawmakers criticized the Central Bank of Nigeria over confusion regarding old naira notes’ validity. Representative Afam Ogene called for CBN clarity, with a report on the matter expected soon. - IMF Confirms Nigeria Hasn’t Requested Financial Aid
The IMF confirmed that Nigeria has not sought financial assistance, addressing rumors. IMF Director Abebe Selassie explained that member countries have the right to seek funding if needed. - Politics Should be Free of Bitterness, Says Tinubu’s Aide
Presidential aide Tunde Rahman emphasized that politics should avoid bitterness, speaking on the recent meeting between President Tinubu and PDP leader Atiku Abubakar, which took place at the National Mosque. - PDP Crisis Shouldn’t Center on Wike and Atiku, Says Ologbondiyan
Former PDP spokesperson Kola Ologbondiyan expressed frustration over the party’s focus on Atiku Abubakar and Nyesom Wike in its ongoing crisis, advocating for broader effor.
House Committee Indicts Former Aviation Minister Sirika Over Controversial Helicopter Sale
The House of Representatives Committee on Public Assets has accused former Aviation Minister Hadi Sirika of involvement in the questionable sale of two helicopters by the Nigerian College of Aviation Technology (NCAT) in Zaria. According to a report by Saturday Punch, the Bell 206 helicopters were sold for N556 million, allegedly due to underutilization.
While former NCAT Rector Capt. Alkali Modibo asserted that the sale followed due process and involved a licensed auctioneer, the committee, led by Ademorin Kuye, questioned the transaction’s transparency. The helicopters, initially purchased for $2.4 billion, were sold for just $1.2 billion without Federal Executive Council approval.
The committee recommended further investigation and potential prosecution for those involved, urging the Inspector General of Police to question Sirika and the buyers, Blue Horn Aviation Services Limited and Premier Jet Service Limited. The Nigerian Army also expressed disappointment, revealing it was denied the opportunity to acquire the helicopters for its aviation operations.
NSIB Expands Search Efforts in Rivers Helicopter Crash, Deploys Additional Diving Equipment
The Nigerian Safety Investigation Bureau (NSIB) is intensifying search and recovery operations following the Sikorsky SK76 helicopter crash near Port Harcourt, which left five confirmed dead and three missing. The NSIB is deploying more diving equipment to aid ongoing efforts, with search teams suspending Friday’s operations at dusk and preparing for a renewed search. NSIB Director General Captain Alex Badeh Jr. expressed gratitude for the support from rescue teams and committed to transparency in the investigation. Further updates will follow as recovery and analysis continue.
House of Reps Criticizes CBN Over Old and New Naira Note Confusion
Labour Party Caucus Leader in the House of Representatives, Afam Ogene, has criticized the Central Bank of Nigeria (CBN) for its unclear stance on the coexistence of old and new Naira notes. His statement follows the CBN’s response to a Supreme Court ruling that did not specify an expiration date for the old ₦200, ₦500, and ₦1000 notes as legal tender.
On October 24, the House passed a motion led by Ogene, urging the CBN to clarify the non-legal status of old notes starting January 1, 2025, as the dual circulation of currency notes has caused public confusion. Ogene attributed the lack of clear policy to an “unintended factual error” in the motion.
In response, the CBN advised the public to disregard the motion, calling it a disruption to the country’s payment system and referencing the Supreme Court’s recent ruling. Ogene expressed concerns over the deteriorating quality of currency notes from banks and questioned why Nigeria operates with two distinct sets of currency.
He urged the CBN to prioritize transparency and resolve the ambiguity for the public’s benefit, instead of relying on legal technicalities.
Keyamo Provides Update on Helicopter Crash Search Efforts
The Minister of Aviation and Aerospace Development, Festus Keyamo, has given an update on the search for victims following a helicopter crash on Thursday in the Atlantic Ocean, near Bonny Finima off the coast of Calabar. He stated that divers are continuing their search for remaining bodies and the wreckage. A full update will be shared once significant progress is made.
Following the accident involving eight individuals, the Ministry of Aviation reported that three bodies have been recovered so far. The Nigerian Safety Investigation Bureau (NSIB) and other emergency teams have been activated, with military and low-flying aircraft aiding the search. Despite the lack of an Emergency Locator Transmitter (ELT) signal, efforts to manually locate the crash site are ongoing.
KANSIEC to Proceed with Kano LG Elections Amid Conflicting Court Orders
The Kano State Independent Electoral Commission (KANSIEC) has confirmed that it will move forward with the local government elections scheduled for October 26, 2024, despite conflicting court orders. Earlier, the Federal High Court in Kano, presided over by Justice Simon Amobeda, had issued a ruling to halt the election and removed KANSIEC Chairman Sani Malumfashi and other commission members due to concerns about their political affiliations. The court also prohibited police involvement in the election.
However, on Friday, the Kano State High Court overturned the Federal Court’s decision, allowing KANSIEC to proceed with the election. During a press conference, Malumfashi announced that preparations were complete and emphasized that there would be no delays, affirming that the State High Court has jurisdiction over local government matters.
Malumfashi also noted that the political party challenging the election is not participating in it and dismissed their opposition as inconsequential. Six political parties, including the New Nigeria Peoples Party (NNPP), Action Alliance (AA), and Zenith Labour Party (ZLP), are confirmed to participate in the election. The police have also been instructed to ensure security during the process.
House of Representatives Rejects Bill to Broaden Scope of Islamic Law in Constitution
The Nigerian House of Representatives has voted down a bill proposing amendments to the 1999 Constitution that would expand the application of Islamic law. Sponsored by Aliyu Missau, the bill sought to remove the term “personal” from references to Islamic law in sections 24, 262, 277, and 288, which would allow the Sharia Court of Appeal to cover matters beyond personal issues.
Missau argued that removing the limitation to “personal” matters would allow Islamic law to include commercial and international aspects, such as those seen in institutions like Jaiz Bank, which operates under Islamic commercial law. Proponents of the bill, primarily from northern regions, contended that the change would support the growth of Islamic commercial practices in Nigeria.
Opponents, however, argued that the amendment could disrupt the secular nature of the Nigerian state. Solomon Bob from Rivers highlighted that the “personal” limitation was purposefully included to avoid broadening Islamic law’s scope. Bamidele Salam from Osun added that the amendment risked deepening religious divisions, recalling debates from earlier constitutional assemblies in 1979 and 1999, where military intervention limited Islamic law’s scope to personal matters.
After a heated debate marked by regional divides, the bill was ultimately rejected by a voice vote led by Deputy Speaker Ben Kalu.
Kano High Court Clears Path for Local Government Elections Despite Previous Suspension
The Kano State High Court has granted approval for the Kano State Independent Electoral Commission (KANSIEC) to proceed with local government elections scheduled for October 26, 2024. The decision, issued by Justice Sanusi Ma’aji, reaffirms KANSIEC’s authority to conduct elections across all 44 local government areas in the state. This ruling overturns an earlier Federal High Court order that had suspended the election over concerns regarding the commission’s impartiality, particularly due to the KANSIEC chairman’s alleged ties to the ruling New Nigeria People’s Party (NNPP).
The initial suspension had stirred objections from civil society and political groups, who contended that halting the election would infringe upon democratic rights. Governor Abba Kabir Yusuf also voiced his support for the High Court’s decision, reinforcing his commitment to moving forward with the election as planned.
Nigeria Faces Fuel Price Surge and Supply Shifts as Marketers Buy Directly from Dangote Refinery
Amid rising fuel prices and concerns over supply, oil marketers in Nigeria are now sourcing Premium Motor Spirit (PMS) directly from the Dangote Refinery, bypassing the Nigerian National Petroleum Company Limited (NNPCL). With recent adjustments in President Tinubu’s cabinet, calls have increased for a dedicated petroleum minister to stabilize the sector. Austin Aigbe, an advocacy lead with ECOWAS, stressed the urgent need for experienced leadership to navigate these energy challenges.
The Dangote Refinery’s direct sales to marketers represent a shift in the supply chain, creating a “willing-buyer, willing-seller” model that gives oil marketers a direct line to fuel sources. Meanwhile, vessels carrying millions of liters of imported PMS continue to dock, supplementing domestic fuel availability. The NNPCL, meanwhile, has begun steps to address its $6 billion debt, adding another layer to Nigeria’s fuel sector complexities.
TCN Explains Prolonged Power Outages in Northern Nigeria Amid Security Challenges”
The Transmission Company of Nigeria (TCN) has disclosed that ongoing power outages across Northern Nigeria will likely continue due to security challenges hindering repair efforts on critical transmission lines. The blackout, which has now lasted over four days, was triggered by vandalism on the Shiroro-Mando transmission line—a crucial supply line for northern states.
Despite attempts to reroute electricity through the Ugwuaji-Apir 330-kV line, a recent tripping incident has further complicated efforts. According to Engr. Nafisatu Asabe Ali, TCN’s Executive Director, Independent System Operator, voltage limitations in Kano mean that only 350 MW can be safely transmitted. The Shiroro-Mando line remains inactive, as TCN cannot access the vandalized area due to security risks advised by the National Security Adviser’s Office.
In response, the House of Representatives urged the creation of a strategic security plan, recommending advanced surveillance systems to protect critical transmission infrastructure.