Politics
How Former President, Goodluck Jonathan shared N150Billion in two weeks before 2015 elections – VP Osinbajo reveals
Vice-President Yemi Osinbajo has alleged that the government of former President Goodluck Jonathan “essentially shared” N150 billion two weeks to the 2015 polls.
He said while the current administration with less revenue, has increased capital funding by 400 percent in power, works and housing, defence, transportation, agricultural sectors, the Jonathan administration with surplus funds, spent N14 billion on agriculture in 2014, N15 billion on transportation, and a total of N153 billion on infrastructure in three years.
Osinbajo said while the government of President Muhammadu Buhari has not completely dealt with corruption, it has demonstrated enough political will to reverse the trend.
He spoke on Monday during the 7th presidential quarterly business forum for private sector stakeholders which held at the old banquet hall of the presidential villa, Abuja.
The forum provides a platform for private sector/business leaders and groups to engage with top government officials such as ministers, advisers and heads of agencies.
“In one single transaction, a few weeks to the 2015 elections, sums of N100billion and $295million were just frittered away by a few,” he said.
“Nobody should talk about the economy when you have this kind of huge leakages and huge corruption. Corruption that completely makes nonsense of even what you are allocating to capital projects.
“We saw from the presentation of the minister of finance that N14 billion was spent on agriculture in 2014, transportation N15 billion, so the total spent on infrastructure in those three years were N153 billion and in two weeks before the elections, N150 billion was essentially shared.
“So, if your total infrastructure spending is N150 billion and you can share N153 billion, that is completely incredible. That sort of thing doesn’t happen anywhere else in the world. And when we are talking about the economy, we must simply understand that that is the problem.”
The vice-president added that most Nigerians, for some reasons, do not discuss the role of corruption in crippling the nation’s economy.
He said though corruption is not easy to stamp out, if the country sticks to the policy of ensuring that there is no impunity as far as public finance is concerned and people are held to account, the economy will “soar in no time”.
“I must ask again what is wrong with the Nigerian economy and what do we need to do to correct the flaws. There are several issues many of which have already been articulated but I want to talk about what I think is the biggest problem which for some reason we hardly talk about when discussing our national economy,” he said.
“This is grand corruption in the public finance space. Sometimes the way we talk about the Nigerian economy it does appear as if it is the economy of say Norway or somewhere where all things are equal. Even when we refer to what has taken place in our economy, we almost sound as if this is in every sense a very normal business environment, a very normal public finance environment but that is not the case.
“I do not think that any consideration about our economy development can be properly and honestly done without fully analysing corruption, especially grand corruption in the public finance space. You see that despite record high levels of oil prices, very little was invested in infrastructure and a record level of leakages were recorded in the past few years.
“This is the fundamental issue in our economy. Corruption affects everything. It affects even judgement as to what sort of infrastructure to put in place or whether infrastructure will ever be complete. It is so fundamental that we can’t even think of our economy without thinking of what to do about it.
“Sometimes when we talk about our economy, we talk about the fact that we have relied on single commodity and that is one of the reasons why we are where we are. Yes, that’s quite true, but the fact is that proceeds from that single commodity was regularly hijacked consistently by a few. That is really the problem. If we had spent the proceeds from that single commodity the way we ought to, we won’t be where we are today.”
Politics
Obasa Warns Dissidents as Agege Affirms Hamzat as APC governorship candidate
Obasa Warns Dissidents as Agege Affirms Hamzat as APC governorship candidate
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has issued a strong warning to dissidents within the All Progressives Congress, APC, that are spreading false reports about the House of Assembly primaries held Wednesday, May 20 across all the wards in the local government.
Supervising officers from the Independent National Electoral Commission (INEC) announced the immediate past Executive Chairman of Agege Local Government Area, High Chief Ganiyu Kola Egunjobi, and Barrister. Azeez Oladapo Ninalowo as winners of Agege Constituencies I and II respectively. Egunjobi polled 10, 126 votes while Ninalowo scored 12, 455 votes. Both candidates had earlier emerged as consensus aspirants during a caucus meeting of the party presided over by Speaker Obasa last Tuesday.
Obasa spoke at the Agege Stadium earlier today, Thursday, May 21, as the APC faithful and stakeholders converged in their thousands to affirm incumbent deputy governor, Dr Obafemi Hamzat, as the consensus candidate of the party in the 2027 governorship election.
Speaking on the outcome of the primaries, Obasa declared: “We’ve done everything according to the dictates of the party. Dr Obafemi Kadiri Hamzat is our governorship candidate. Senator Idiat Adebule is our candidate in the Lagos West Senatorial District, and Mudashiru Obasa is the candidate for Agege Federal Constituency in the House of Representatives. Collectively, we have decided and we are standing by the decision of our members.”
He commended INEC and security agencies “for helping us to have a free, fair, and transparent exercise devoid of violence and disorderliness.” The Speaker also praised party members for their loyalty and steadfastness, stating: “Agege is always here for the party. We are always present. When you are a member of a party, you should always participate in all its activities. Why will anyone who isn’t here claim to be part of us?
“You can’t be absent from all primaries and still claim that you are with us. We have conducted House of Representatives, Senate, House of Assembly, and Governorship primaries, yet some disgruntled party members have consistently stayed away. It is not possible. They are not part of us.”
Further, Obasa said: “We should be mindful of the people we send to represent us in any position. If they disregard us, we will wait until their tenure expires and remove them. The beauty of any political structure is continuity. Agege remains a shining example of a well-structured political organisation at the local government level.
“Nothing was done by subterfuge; everything was done in the open. INEC, DSS, Police, the media, and party leaders were all present. There’s nothing to fear. If anybody is initiating fake reports, let them continue. Anybody who has a problem should go and challenge the result in court. After the general election, maybe they will wake up,” he added.
With Hamzat’s candidacy sealed and Obasa drawing a hard line against internal dissent, Agege has sent a clear message: the APC’s fortress stands on loyalty and discipline, and those unwilling to march in step will be left behind as the party advances toward 2027.
Politics
The All Progressives Congress (APC) in Edo State deserves commendation for the peaceful, transparent, and highly successful conduct of its primary elections across the various elective positions
The All Progressives Congress (APC) in Edo State deserves commendation for the peaceful, transparent, and highly successful conduct of its primary elections across the various elective positions,
……ranging from the State House of Assembly to the House of Representatives and the Senate.
The victories recorded so far are not just individual triumphs, but collective victories for the party, democracy, and the good people of Edo State. The process has once again demonstrated the maturity, strength, and internal democratic values of our great party.
Special appreciation must also go to His Excellency, the Executive Governor of Edo State, Senator Monday Okpebholo whose wisdom, leadership, fairness, and large-heartedness ensured the conduct of rancour-free primaries that have left party members satisfied and proud of the APC family.
As we look forward with great optimism to the presidential primary tomorrow, we remain confident that the same spirit of unity, peace, and brotherhood will prevail.
Congratulations to all the winners. As leaders entrusted with the confidence of the party, we urge them to be magnanimous in victory, extend hands of fellowship to other contestants, and work together in the overall interest of the APC and the progress of Edo State.
Together, we shall continue to build a stronger, united, and victorious party.
Politics
Governor Dauda Lawal Emerges APC Consensus Governorship Candidate for Zamfara 2027 Election
Governor Dauda Lawal Emerges APC Consensus Governorship Candidate for Zamfara 2027 Election
Governor Dauda Lawal Ph.d has officially emerged as the governorship candidate of the All Progressives Congress (APC) for the 2027 election in Zamfara State, following a consensus arrangement adopted by the party for its primaries.
The governor secured the ticket after party members and supporters gathered across various wards to endorse him as the APC’s flagbearer for the forthcoming election. The consensus model, which allowed party stakeholders to unite behind a single candidate, was embraced as a strategy to avoid a contentious primary and strengthen internal cohesion ahead of the 2027 polls.
Speaking with journalists shortly after the exercise, Governor Lawal expressed profound gratitude to party members for the confidence reposed in him. He reaffirmed his commitment to the people of Zamfara, pledging to consolidate ongoing developmental projects aimed at improving the lives of residents across the state.
“I am deeply honored by the trust and support of our party faithful,” Lawal said. “We will not relent in our efforts to deliver meaningful development, enhance security, and create opportunities for all citizens of Zamfara State.”
His emergence underscores the party’s push to build continuity and strong leadership in the northwest region.
Political analysts note that the adoption of consensus candidate signals the APC’s preference for unity and reduced internal friction as the party prepares for the next electoral cycle.
-
news5 months agoWHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests
-
society3 weeks agoSOCIAL MEDIA IS NOT A BATTLEFIELD COMMAND – WHY THE NIGERIAN ARMY’S ACTION AGAINST JUSTICE CRACK IS A NATIONAL SECURITY IMPERATIVE
-
celebrity radar - gossips4 months agoDr. Chris Okafor Returns with Power and Fire of the Spirit -Mounts Grace Nation Altar with Fresh Anointing and Restoration Grace on February 1, 2026
-
celebrity radar - gossips5 months agoProphet Kingsley Aitafo Releases 2026 Prophecy: ‘Nigeria Will Rise, but the World Must Prepare for Turbulence’





You must be logged in to post a comment Login
You must log in to post a comment.