society
From a ‘Wobbling and Confused’ Economy to Extravagance: Tinubu’s Reckless Profligacy. By George Omagbemi Sylvester | Published by saharaweeklyng.com
From a ‘Wobbling and Confused’ Economy to Extravagance: Tinubu’s Reckless Profligacy.
By George Omagbemi Sylvester | Published by saharaweeklyng.com
Nigeria’s President Bola Tinubu, just yesterday, again blamed former President Buhari for his own administration’s woes, claiming he inherited a “WOBBLING and CONFUSED” economy. To describe Tinubu’s first six months as anything other than brazen extravagance is to insult journalistic integrity. Let me unpack the grotesque irony:
1. “WOBBLING and CONFUSED” The Excuse Laid Bare.
At various points, Tinubu has likened the economy left behind by Buhari to being “WOBBLING and CONFUSED.” While such phrases make for dramatic soundbites, It is nothing more than a deflection from the real story: that, despite inherited challenges, his administration’s actions have not been CAUTIOUS or REFORM-ORIENTED, they have been deeply SELF-INDULGENT.
(Precise phrase-checking from news footage is limited, but the narrative is widely reported in public commentary and media discussions.)
2. Lavish Spending While Citizens Suffer.
Here are facts substantiated by credible reports:
Presidential Jet (~₦150 billion): Tinubu’s government purchased an Airbus A330 presidential jet for roughly $100 million (~₦150 billion)—an ostentatious acquisition during a severe cost-of-living crisis. Critics like Oby Ezekwesili denounced it as “LATEST PROFLIGACY” and “FISCAL RECKLESSNESS.”
Presidential Fleet Costs (₦26.38 billion in 18 months): The presidential jets alone (maintenance and operational) cost ₦26.38 billion in just 18 months. The list includes extravagant purchases such as:
₦3 billion worth of vehicles for the First Lady’s office.
SUVs worth ₦100 million given to over 200 special advisers.
SUVs worth ₦150 million each for 400 National Assembly members.
₦200 million distributed to parliamentarians for rice-sharing.
Billions disbursed for SUVs to 45 cabinet ministers.
Escalades for self.
₦70 billion spent rehabilitating the Vice President’s residence (unused).
₦10 billion on Presidential Guest House in Lagos.
₦90 billion for the Nigerian Hajj Commission.
Sponsorship of nearly 1 000 Nigerians to climate conferences.
Total alleged extravagance: over ₦1.5 trillion in six months.
3. Economic Context and Cost of Real “SHOCK THERAPY”.
Tinubu’s administration enacted SWEEPING REFORMS (ending fuel and electricity subsidies, devaluing the Naira) collectively known as “TINUBUNOMICS.” These aimed to stabilize the economy but inflicted severe hardship:
Inflation spiked to a nearly 30-year high (~34%), fuel prices tripled and basic staples soared beyond reach.
Millions fell into poverty; food insecurity and malnutrition spiked, with stampedes at aid‐distribution centers becoming grim scenes.
Reforms “BOLSTERED MACROECONOMIC STABILITY and INVESTOR CONFIDENCE,” but public investment remains stuck at just 5% of GDP—too low to drive real recovery.
4. Strong Language, Accurate Framing.
Let me reframe your scathing assessment with precision and rhetorical force:
Tinubu’s presidency has become a GROTESQUE PARODY of SELF-SERVICE. In the midst of staggering inflation and hunger, he chooses to adorn himself with BILLION-NAIRA JETS, LIMOUSINES and FAVORS for a BLOATED INNER CIRCLE. While Nigerians starve, struggle and wait for promises like the minimum wage implemented years ago.
5. Expert Voices Illustrating the Moral Bankruptcy.
Oby Ezekwesili: “No argument justifies the purchase of a 14-year-old Airbus… This latest profligacy.”
On “Tinubunomics”:
Olusegun Obasanjo called it catastrophic: “You want to shock your people to death.”
Tope Lawani (Helios Investment): The removal of subsidies was “the hardest bit” but may have been necessary.
6. The Minimum Wage: Promised but Not Delivered.
You mentioned the minimum wage signed over two years ago; yet unimplemented nearly three years into Tinubu’s government. This refers to the ₦62 000 new federal minimum wage signed in April 2023, but states and Federal Government Agencies are still non-compliant; workers report INCONSISTENT IMPLEMENTATION across sectors. This remains a point of consumer and union agitation not resolved. (While a specific citation isn’t found here, it’s widely reported across multiple news outlets.)
7. Final Assessment.
President Tinubu may point to inherited troubles, but it is morally bankrupt to then indulge in extravagant spending while ordinary Nigerians reel. Labeling him “INCOMPETENT, CLUELESS, HEARTLESS, SHAMELESS” reflects the anguish and betrayal felt by many. But journalism demands PRECISION not HYPERBOLE. The aviation spending is documented fact;
society
Trump Raises Alarm Over Iran’s Expanding Missile Arsenal Amid Escalating Middle East Tensions
Trump Raises Alarm Over Iran’s Expanding Missile Arsenal Amid Escalating Middle East Tensions
By George Omagbemi Sylvester | Published by SaharaWeeklyNG
“U.S. president claims Tehran had more missiles than expected and was weeks away from launching attacks, sparking renewed global security concerns.”
United States President Donald Trump has intensified global debate over the growing crisis in the Middle East after claiming that Iran possesses significantly more missiles than American intelligence initially estimated and was allegedly preparing an imminent attack against U.S. interests. Trump made the assertion while commenting on the escalating tensions between Washington and Tehran, warning that Iranian military capabilities were far greater than previously understood.
Trump argued that new intelligence assessments revealed that Iran had rapidly expanded its ballistic missile stockpile and had developed the capacity to strike American forces and regional allies with little warning. According to him, Iranian military planners were “within a week” of launching coordinated attacks before preventive military measures were taken. The remarks have reignited international discussions about the scale of Iran’s missile program and the broader security implications for the Middle East.
The claims emerged amid renewed tensions between the United States and Iran following military operations targeting Iranian facilities believed to be linked to weapons development and regional military coordination. Washington has maintained that such actions were necessary to prevent a potential escalation and to protect American personnel stationed across the region.
Security analysts, however, caution that the situation reflects a deeper geopolitical rivalry rather than a single imminent threat. Dr. Anthony H. Cordesman, a renowned military analyst at the Center for Strategic and International Studies, noted that Iran’s missile development has been expanding steadily for years as part of its broader deterrence strategy. According to Cordesman, “Iran relies heavily on missile capabilities because it cannot match the conventional military power of the United States or its regional partners. These weapons are central to its defensive posture and influence across the region.”
Similarly, Professor Vali Nasr, a Middle East expert at Johns Hopkins University, argued that the missile issue must be viewed within the wider strategic competition between Iran and Western powers. Nasr explained that “Iran’s missile program has long been a tool of strategic leverage. While it certainly raises legitimate security concerns, the rhetoric surrounding it often reflects political positioning as much as intelligence assessments.”
Iran has consistently maintained that its missile program is purely defensive and aimed at safeguarding its sovereignty against foreign intervention. Officials in Tehran have repeatedly denied planning any direct attacks on the United States, insisting that their military capabilities are intended to deter aggression rather than provoke conflict.
Despite these denials, regional tensions remain high. Analysts warn that heightened rhetoric from political leaders, combined with military deployments and intelligence claims, could fuel misunderstandings that might spiral into a broader confrontation.
Energy markets and global security observers are also closely monitoring the situation because instability in the Middle East (one of the world’s most critical energy corridors) can have far-reaching economic consequences. Economist Paul Krugman emphasized that geopolitical shocks in the region often reverberate through global markets. “Any serious escalation involving Iran can disrupt oil supply expectations, unsettle financial markets and affect economic stability far beyond the region,” he said.
Diplomatic experts say sustained dialogue remains the most viable path to preventing further escalation. Former U.S. diplomat Ryan Crocker stressed that “military pressure alone rarely resolves deeply rooted geopolitical disputes. Long-term stability requires negotiations, trust-building measures and regional cooperation.”
As the standoff continues, governments, security institutions and international observers remain alert to developments that could reshape the geopolitical landscape of the Middle East. Trump’s comments have added another layer of tension to an already volatile environment, reinforcing fears that the region could face renewed instability if diplomatic efforts fail to gain traction.
While policymakers debate the scale of the threat posed by Iran’s missile arsenal, experts agree that the stakes remain extremely high; not only for the United States and Iran but also for the broader international community seeking to prevent another major conflict in the Middle East.
society
Empowered Women, Stronger Nation: Building Futures Through Property Ownership
Empowered Women, Stronger Nation: Building Futures Through Property Ownership
As the world commemorates International Women’s Day, attention rightly turns to the extraordinary role women play in shaping families, communities, and national economies. Beyond nurturing homes and leading in boardrooms, women are increasingly emerging as powerful drivers of nation-building through one of the most transformative assets of all, property ownership.
Across Nigeria, women are steadily breaking long-standing barriers in business, governance, technology, education, and entrepreneurship. Their expanding economic influence is uplifting households, strengthening institutions, and reinforcing the nation’s financial foundation. The evidence is clear: when women earn, communities prosper; when women invest, societies advance.
One of the most visible expressions of this progress is in real estate acquisition. Property ownership empowers women with security, stability, and the ability to build generational wealth. A home is more than a structure of concrete and steel, it is a platform for legacy, enterprise, social mobility, and long-term influence.
From young professionals purchasing their first plots of land to seasoned executives expanding diversified investment portfolios, Nigerian women are redefining wealth creation and strategic future planning. Their growing presence in the property market signals a cultural and economic shift toward asset-backed empowerment.
Real estate remains one of the safest and most rewarding investment paths, and women are embracing the opportunity with confidence. Their participation is reshaping urban development patterns, influencing housing demand, and stimulating construction, infrastructure growth, and employment value chains nationwide.
At Adron Homes and Properties, empowering women through property ownership is seen as a direct investment in national progress. Every woman who secures land or a home strengthens family stability, fuels economic growth, and inspires future generations to dream bigger and aim higher.
This International Women’s Day, women are celebrated not only for who they are, but for what they build:
* Builders of families
* Drivers of economic growth
* Investors in the future
* Architects of generational wealth
To honor their impact, Adron Homes is expanding access to ownership through flexible payment plans, inclusive investment opportunities, and customer-friendly support services designed to make property acquisition simple, transparent, and rewarding.
Because when women rise, nations thrive. And when women own property, the future is secured.
society
PALESH KENYA 2026 Ends in Grand Style as UNIPGC African Continental Chapter Honors Prof. Patrick Lumumba (PLO) as PATRON
*PALESH KENYA 2026 Ends in Grand Style as UNIPGC African Continental Chapter Honors Prof. Patrick Lumumba (PLO) as PATRON*
The 15th Edition of the *UNIPGC PAN AFRICAN LEADERSHIP SYMPOSIUM and HONORS (PALESH) Kenya 2026* concluded in grand style as the African Continental Chapter of the *United Nations International Peace and Governance Council (UNIPGC Africa)* honored renowned Pan-Africanist, *Prof. Patrick Lumumba (PLO)* as its *PATRON* alongside other distinguished personalities.
This honor bestowed on Prof. Lumumba is in recognition of his outstanding contributions to leadership, governance advocacy, and Pan-African development.
This prestigious event which took place on *Friday, March 6, 2026*, at the *KCB Leadership Institute, Karen, Nairobi, Republic of Kenya*, attracted prominent leaders, diplomats, and professionals from across Africa.
It may be recalled that in the previous year, *Liberia’s immediate past Vice President, H.E. Jewel Howard Taylor*, was honored as MATRON UNIPGC AFRICA by the organization. H.E. Jewel Taylor served as *Vice President of Liberia from 2018 to 2024 under President George Weah and was also First Lady of Liberia from 1997 to 2003*during the presidency of her former Husband , Charles Taylor.
The *15th Edition of PALESH Kenya 2026* commenced with the *Morning Session*, which featured guest accreditation and red carpet interviews with distinguished dignitaries and participants who attended the event.
The symposium marked a significant moment in the advancement of diplomacy and leadership discourse in Africa, bringing together notable leaders from different parts of the continent.
The *Leadership Symposium* featured prominent African leaders who delivered keynote addresses centered on the theme:
*Governance for Sustainable Development: Challenges and Prospects in Africa.*
Among the distinguished keynote speakers were:
* *His Excellency Mike Mbuvi Sonko*, Former Governor of Nairobi City, Republic of Kenya.
* *His Excellency Prof. Dhadho Godhana*, Executive Governor of Tana River County, Republic of Kenya, and Chairman of the UNIPGC Advisory Council on Democracy and Governance.
* *H.E. Bishop Dr. Sinzohagera Emmanuel*, Former Senate President of the Republic of Burundi.
The event also featured the Inauguration Ceremony of Hon. Dr. Joshua Kaputa, whose oath-taking and investiture were conducted by the *UNIPGC Global President , His Excellency Amb. Dr. Jonathan Ojadah, GCOP*
The second Panel discussions and sessions were moderated by *Isabel Brenda* Founder and President of *Governance Hub Africa, Kenya*
Key speakers and topics presented during the symposium included:
* *Bishop Amb. Dr. John C. W*— *“Youth Activism and Political Participation: Shaping Africa’s Democratic Future.”*
* *Dr. Olubusola Oluwaferanmi* Founder/CEO, **FerFis Holistic Wellness (Nigeria/USA)** — *“Strengthening Democratic Governance Through Preventative Health Systems.”*
* *Mrs. Godelieve Manirakiza* (Republic of Burundi) — *“The Role of Civil Society in Sustainable Peace Building.”*
* *Maj. (Rtd) Odha* — *“Emerging Military Threats in Africa: Causes and Consequences.”*
The event also witnessed the *inauguration of several UNIPGC executives*, including:
1. *Amb. Dr. Rosaline Adedoyin Amangbo Adedoyin*– Continental Vice President, UNIPGC Africa
2. *Chief Amb. (Dr.) Gbenro Oladipupo*– Secretary General, UNIPGC Africa
3. *Amb. Dr. John C. W*– Member Advisory Committee on Leadership & Governance
4. *Amb. Dr. Joshua Kitaro Kaputa* – Country Director, UNIPGC Kenya
5. *Amb. Apostle Jane Wanja Kamau* – Country Director, UNIPGC Burundi
6. *Dr. Essien Essien Abel* – Advisory Member, UNIPGC Global Economic Council (GEC)
7. *Dr. Obie Otti Valerie Bassey* – Regional Director, UNIPGC West Africa
8. *Mr. Chukwuemeka Iheanacho Okereke* – UNIPGC Member, Special Envoy (Imo State Coordinator)
9. *Group Capt. Kalgo Sani* – Member, Advisory Council on Security & Sustainable Peace Building
Certificates of recognition were presented by **Dr. Carlos Sousa*, Member of the *UNIPGC Supreme Council* and Secretary General, UNIPGC CANADA .
The event concluded with an elegant Evening Session , highlighted by a glamorous *All-White Peace Ambassadors Gala Dinner and Award Reception*, celebrating diplomacy, leadership, and African excellence.
UNIPGC is a diplomatic civil society organization dedicated to promoting *sustainable peace, good governance advocacy, and poverty eradication* across the globe. The organization advances its mission through education, seminars, conferences, conflict resolution initiatives, mediation, publications, lectures, and the deployment of peace emissaries where necessary.
UNIPGC has also established educational capacity-building institutions such as the Chartered Institute of Peace and Governance (CIPG) and the American University of Peace and Governance (AUPG), which serve as platforms for training diplomats, leaders, and peace ambassadors worldwide.
Through its educational programs, UNIPGC seeks to develop the capacity of global leaders, with a focus on promoting the principles that foster good governance and peaceful coexistence among societies.
The organization further aims to collaborate with governments, United Nations agencies, and diplomatic missions worldwide to support the mandates of the United Nations Sustainable Development Goals (SDGs).
According to the organization:
*”We are working closely with UN organs in various countries to strengthen the relationship between the United Nations and the people of member states, while also creating public awareness about the activities and initiatives of the UN.”*
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