Connect with us

news

APC rates Buhari high after one month in office

Published

on

National Publicity Secretary of the APC, Alhaji Lai Mohammed, who spoke at a parley with newsmen in Lagos said that contrary to what was being discussed in some quarters, there has been great movement in President Buhari’s first month in office and urged Nigerians to prepare for events that would unfold in the days ahead in the anti-corruption fight of the President Buhari administration.
He said:

“Nigerians should grab a front row seat so they can watch clearly as events unfold in the ring of anti-corruption fight in the days ahead. It will no longer be business as usual as the Buhari administration seeks to make sure that every kobo of national funds is spent for the benefit of Nigerians, not to fill the deep pockets of a few fat cats.

“The rot met by the Buhari administration is sickening, and the President is working hard to plug all loopholes for siphoning public funds, in addition to recovering looted public funds.”

“Nigerians now know that the cash in the Excess Crude Account has been depleted by $2 billion without explanation. A panel of four governors has been set up to investigate what happened to the money that was not remitted to the Federation Account,” Mohammed said.

He said it was noteworthy that some Western nations had also assured the Buhari administration of all possible assistance in its efforts to recover the billions of Naira stashed away by public officers in the past.

The APC spokesman said that this was just the beginning of the fight against corruption, urging Nigerians to await more unfolding events.

He argued that President Buhari, in the last one month, has started work in tackling insecurity and fighting terrorism.
He said:

“The President travelled to Chad and Niger, and then hosted a summit of the Lake Chad Basin Commission that comprised Cameroon, Chad and Niger, with Benin also invited.

“The result is the decision to deploy the Multi National Joint Task Force (MNJTF), with headquarters in N’Djamena, Chad, on July 30 to pep up the fight against Boko Haram.

“President Buhari has also rallied the Economic Community of West African States (ECOWAS) and the Economic Community of Central African States (ECCAS) to work with Nigeria in battling the Boko Haram insurgency.

“A joint summit of leaders of both economic blocs is to be held shortly to concretise these efforts that will complement the one by Nigeria and its neighbours.

“President Buhari also travelled to Germany to meet with G7 leaders to present to them a wish list that included getting their support for the battle against Boko Haram. The leaders of the countries affected by the Boko Haram insurgency have compiled their requirements which are being forwarded to the G7 for appropriate action.

“While waiting for that, the US has announced a $5 million assistance for the fight against insurgency and the relocation by the Nigerian military of the command centre to Maiduguri. These are no mean achievements.”

Mohammed also said that the Buhari administration had availed itself credibly within one month of assuming office by bringing Nigeria back to the comity of respected nations.

He said that some leaders who once shunned Nigeria have started inviting President Buhari to visit their countries.
He said:

“The latest is the US President Barack Obama, who will play host to our President at the White House on July 20. There is no better indication of how much Nigeria is regaining its lost glory than the recent election of former Agriculture Minister, Mr Akinwumi Adesina as the President of the African Development Bank (AFDB).”

Mohammed noted that in spite of the laudable achievements of the Buhari administration in the last one month, Nigerians were right to demand even a faster pace.

He said:

“Nigerians are right and justified in their expectations. All we ask for is a little more patience, a little more understanding and continuous support for the Buhari administration.

“We in the APC hereby assure our compatriots, who have expressed their concerns in recent times, that there is no cause for alarm. The Buhari administration is willing, determined and able to effect the change that Nigerians voted for, despite the initial challenges.”

Source: Vanguard

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

news

The 2026 Nigerian Bank Recapitalization: Where Does Your Bank Stand?

Published

on

Leading Fintech Expert, Jesam Micheal Applauds Tinubu For Lifting Ban On Cryptocurrency, Charges Nigerians To Embrace AAS Token
The countdown to March 31, 2026, has officially entered its final stretch. While you might have seen headlines claiming only 19 banks have met the mark, the reality on the ground is much more dynamic. In fact, as of January 2026, we have seen a surge of compliance, with approximately 22 out of 34 banks now having their licenses “secured” under the Central Bank of Nigeria’s (CBN) new rules.
If you are wondering where your money is or if your bank is safe, here is the fact-driven breakdown of the current banking landscape, correcting common misconceptions along the way.
Recapitalised banks
The CBN set a high bar of ₦500 billion for international banks and ₦200 billion for National banks. Crucially, this must be “paid-up capital”, banks cannot count their saved profits (retained earnings) toward this goal.
These banks are recapitalised:
Access Bank, Zenith Bank, GTBank, UBA, First Bank and Fidelity: These banks have crossed the N500 billion finish line and have secured their international licence.
FCMB, Wema, Standard Chartered, Citibank: These banks have officially secured their national license, with FCMB in the final sprint to hit the ₦500 billion to secure its international banking licence.
Other secured banks: Stanbic IBTC, Sterling Bank, Providus Bank, Globus Bank, and Premium Trust Bank have all officially cleared the requirement.
Mergers and downgrades
The story of the 2026 recapitalization also featured mergers, acquisitions, and downgrades:
Unity Bank and Providus Bank are in the final stages of a merger that will create a top 10 Nigerian lender. Similarly, Titan Trust has completed its integration with Union Bank to solidify its capital base.
Nova Bank chose a Regional License (₦50 billion) to focus specifically on being a high-end niche player, a healthy business move.
Non-Interest banking: Islamic banks like Jaiz, Taj, and Lotus have all met their ₦20 billion requirement, proving that niche banking is stronger than ever.
For the few banks still in the “red zone,” the next 80 days will involve final-hour mergers or private equity injections. For you, the customer, this means a banking sector that is tougher, more transparent, and better funded than ever before.
Continue Reading

news

How Primate Ayodele Foretold Collapse Of School Building In Ikorodu, Lagos

Published

on

W’ Cup Qualifiers: How Super Eagles Coach Ruined Nigeria’s Chances by Ignoring Primate Ayodele’s Warnings* By Adedayo Olumide

Residents of the Odo-Kekere Community in the Ikorodu area of Lagos State, on Thursday evening, were thrown into panic following the sudden partial collapse of a structure in a local public school in the area.

According to a source, a section of the school building gave way late Thursday with a thunderous sound that drew neighbours to the scene.

First responders from the Lagos State Emergency Management Agency, LASEMA, and the Lagos State Building Control Agency LASBCA, raced to the scene promptly and cordoned off the area for safety purposes.

This development has no doubt fulfilled the prophecy of Nigerian prophet, Primate Elijah Ayodele, which he shared in his annual prophecy book titled Warnings To The Nations (2025/2026) edition.

On page 108 of the prophecy book, Primate Ayodele warned against collapse of any school building in Nigeria.

“Schools in Nigeria: Let us pray so that no school will be attacked in Nigeria and that a school building will not collapse.”

Also, in his 2026 prophecies, he asked Nigerians to commit Lagos schools into God’s hands.

“Let us commit schools in Lagos to God’s hands against all attack” (Page 5).

Furthermore, in a video shared on his social media page, Primate Ayodele specifically mentioned that Nigerians should pray not to see a building collapse in Lagos.

“Let us pray not to see a school building collapse in Lagos state, Oyo, Abuja, Ogun state. Let the government go around schools and quickly demolish deplorable school buildings.”

All these have fulfilled the prophecy of Primate Ayodele.

Continue Reading

news

Hon. Toyin Amuzu: A Legacy of Service, Unity, and Perseverance

Published

on

 

By Adebayo Osonuga, Manchester

In the ever-evolving landscape of politics, where commitment is often tested and leadership scrutinized, few names resonate with consistency, dedication, and perseverance quite like Hon. Toyin Amuzu. Over the years, he has emerged as a dependable public servant whose political journey is firmly rooted in service to the people and an unwavering belief in collective progress.

From the onset, Hon. Amuzu’s foray into politics appeared almost inevitable to those who knew him well. Guided by a deep passion for public service, he embraced leadership not as a position of privilege, but as a responsibility to uplift others. His political career has been defined by a rare ability to connect genuinely with people across social, cultural, and economic divides—listening attentively to their concerns and working diligently to address them.

A defining strength of Hon. Amuzu’s leadership is his adaptability. In a political climate often marked by division and rivalry, he has consistently chosen the path of dialogue, bridge-building, and unity. His inclusive approach has enabled him to foster cooperation among diverse groups, earning him admiration beyond party lines. For many in his constituency, his open-door policy is not a slogan but a lived reality—one that reflects empathy, accessibility, and action.

Despite the inevitable challenges that accompany public office, Hon. Amuzu has remained steadfast in his vision of a better and more equitable society. He is a strong advocate for hard work, resilience, and personal responsibility, values he exemplifies in both his public and private life. Through his words and actions, he has inspired many—particularly young people—to believe in the power of determination and purposeful leadership.

His impact is perhaps most evident in the tangible development initiatives he has championed within his community. From advocating policies aimed at social progress to supporting initiatives that improve everyday living, Hon. Amuzu has played a notable role in driving growth and positive change. These efforts have not gone unnoticed, cementing his reputation as a leader who delivers and a representative who truly understands the needs of his people.

As a role model for emerging leaders, Hon. Toyin Amuzu stands as a reminder that politics, when guided by integrity and compassion, can be a powerful tool for transformation. His selflessness, humility, and commitment to service continue to inspire confidence and hope among those he represents.

In sum, Hon. Toyin Amuzu embodies the true essence of public service. His legacy is one of unity, perseverance, and people-centered leadership—a legacy that will undoubtedly endure for generations. As he continues his journey toward a brighter future for all, his name remains firmly etched among those who lead not just with authority, but with heart.

TA… We Rise Together.

Continue Reading

Cover Of The Week

Trending