NEWS
Nigeria is rapidly transforming into a government of Tinubu, by Tinubu, and for Tinubu.
Former Vice President of Nigeria, Atiku Abubakar, asserts that the future of Nigerians has been effectively mortgaged to President Bola Tinubu, his family, and associates. He believes that even after Tinubu leaves office, it will be nearly impossible to break these shackles.
Atiku, who was the Presidential candidate of the Peoples Democratic Party (PDP) in the last election, compares Tinubu’s integration of his business interests into Lagos’s public enterprises to his efforts at the federal level.
“Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue for him and his family, he has begun to replicate this at the federal level,” Atiku said.
He expressed astonishment at the operations of the NNPC and how the government-owned oil company had put its retail arm under the control of OVH, a company in which Oando, led by Wale Tinubu, owns 49%.
Atiku regretted that his intention to privatize the NNPC and increase its transparency has been overshadowed by what he describes as the criminal hijack of the NNPC by corporate cabals around the current president.
“In October 2022, just five months before the elections, the NNPC Retail controversially announced it had acquired OVH and all its filling stations. NNPCL already had about 550 filling stations across the country but claimed it was enhancing its capacity by acquiring OVH, which had only 94 stations and 100 others leased.
“The NNPC did not disclose the purchase price of OVH or the terms of the acquisition. A Freedom of Information request by Premium Times was also rejected by the NNPC, which claimed to be a private company despite still being government-owned.
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“Following this dubious deal, Mele Kyari was controversially retained as NNPC GMD despite his incompetence. Tinubu then appointed his former boss at Mobil, turned ally, Pius Akinyelure, as NNPC Chairman, while he himself took on the role of Minister of Petroleum.
“In a move that defies economic logic, OVH, previously owned by NNPC Retail, has now acquired NNPC Retail. This absurd situation means that Wale Tinubu’s Oando now owns 49% of NNPC Retail. Moreover, Nigeria paid Wale Tinubu a significant sum to facilitate the Tinubu family’s acquisition of the national oil company. This represents a clear case of illogical business transactions and abuse of office by President Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the PIA.”
Atiku acknowledged that the NNPC and its leadership are under legislative investigation but expressed skepticism about the process’s credibility due to the vested interests of those conducting the investigation.
“Senator Opeyemi Bamidele, who is heading the National Assembly panel, is a known supporter of Tinubu. He served as a commissioner under Tinubu in Lagos State and publicly calls him his godfather. Given that Tinubu is the Petroleum Minister, he should be held responsible for the sector’s issues. I doubt Bamidele will conduct a thorough investigation that might implicate his patron,” Atiku said.
Atiku also commented on the recent revelation that the Lagos-Calabar Coastal Highway project is under litigation.
The Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, reported that the coastal highway project has been taken to court and revealed a close relationship between Tinubu’s son, Seyi, and Gilbert Chagoury, who was awarded the contract without competitive bidding.
“I had earlier claimed that the Lagos-Calabar Coastal Highway project was fraudulent, but the government denied it. Now, the matter is in court. It is also concerning that Chagoury and Tinubu have a business relationship, and their children are business partners, as revealed by the OCCRP.
“This indicates a conflict of interest. It is no surprise that the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Coastal Highway, which together will cost over $24 billion, were approved without competitive bidding. It seems that whatever Tinubu wants, he gets,” Atiku concluded.
Signed:
Paul Ibe
Media Adviser to Atiku Abubakar
Vice President of Nigeria (1999-2007) and Presidential Candidate of the Peoples Democratic Party (2023)
Abuja
21st August, 2024.
NEWS
Horror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued
Tragedy struck in Kogi State as armed men invaded an orphanage facility and abducted 24 persons, including 23 pupils and the wife of the school proprietor, in a violent night attack that has thrown the community into panic.
The Kogi State Government confirmed the incident on Monday, revealing that security operatives have so far rescued 15 of the victims, while efforts are ongoing to free the remaining abductees.
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According to the State Commissioner for Information, Kingsley Fanwo, the attack occurred on Sunday, April 26, 2026, when gunmen stormed the premises of the Dahallukitab Group of Schools, a facility located in a remote and bushy area of the state.
Fanwo explained that the orphanage was not registered with the state government, describing its operation as illegal and noting that it had no formal approval or security clearance from relevant authorities.
He said the attackers whisked away 23 pupils alongside the wife of the proprietor before security agencies swiftly responded to the distress call.
“The swift intervention of security agencies led to the rescue of 15 of the abductees, while efforts are ongoing to secure the release of the remaining victims,” the commissioner stated.
Security operatives, led by the Nigeria Police Force in Kogi State and supported by other agencies, have intensified search-and-rescue operations in surrounding forests and suspected escape routes.
Fanwo commended the professionalism of the security forces, noting that their rapid response helped prevent a worse outcome.
He also raised concerns over the operation of unregistered schools and orphanages in isolated locations, warning that such establishments expose children and staff to serious security risks.
According to him, the government has reiterated its warning to operators of educational and care facilities to ensure proper registration and compliance with safety regulations.
He added that investigations are ongoing, while assuring residents that the government remains committed to rescuing the remaining victims and bringing the perpetrators to justice.
Security has since been reinforced in the affected area as search operations continue.
NEWS
Midnight Massacre: Gunmen Wipe Out Pastor, Entire Family in Plateau
Residents of Gako Village in Riyom Local Government Area of Plateau State were thrown into mourning following a deadly midnight attack that claimed the lives of a pastor and his entire family.
The victims, identified as Rev. Ayuba Choji, his wife Chundung Ayuba, and their two children, Cyril and Endurance Ayuba, were reportedly killed when suspected gunmen stormed the community at about 11 p.m. on Sunday.
Eyewitnesses said the assailants opened fire indiscriminately, forcing residents to flee for safety.
SEE ALSO: Gunmen Kill Two, One Missing as Fresh Attack Hits Plateau Community
A community member, Martha Dalyop, described the attack as terrifying, noting that the gunmen invaded the village under the cover of darkness and shot sporadically.
She lamented that repeated attacks in the area have left villagers living in constant fear, with many unable to sleep in their homes or access their farms.
Confirming the incident, the publicity secretary of the Berom Youths Moulder Association, Rwang Tengwong, said the latest assault reflects a troubling pattern in the operations of the attackers.
According to him, the gunmen often split into groups during attacks, with some targeting residents, others destroying farmlands, and another group blocking roads to prevent escape or intervention.
Tengwong further revealed that within the past 48 hours, large portions of farmland in Kassa, Barkin Ladi Local Government Area, were destroyed by gunmen.
Crops such as cabbage, hot pepper, and maize were affected, compounding the hardship faced by farmers in the region.
The latest killings have heightened tension across Riyom and neighbouring Barkin Ladi communities, with residents calling on security agencies and government authorities to urgently step up efforts to curb the persistent violence and protect lives and livelihoods.
NEWS
Energy Crisis Looms as Experts Push Reforms, Cash Support for Nigerians
Energy experts have raised fresh concerns over a looming crisis in Nigeria’s energy sector, urging urgent reforms and targeted cash transfers to cushion the impact of rising fuel prices on vulnerable citizens.
The warning comes amid continued volatility in global oil markets, driven by geopolitical tensions between the United States and Iran, which have pushed up crude oil prices and worsened domestic fuel costs.
The call was made ahead of the 19th annual international conference of the Nigerian Association for Energy Economics, scheduled to hold in Lagos from April 26 to 29, 2026.
SEE ALSO: Airlines Threaten Shutdown over Skyrocketing Fuel Price
The event will bring together policymakers, regulators, investors, academics, and development partners to deliberate on the implications of global energy shocks on African economies.
A former president of the association, Adeola Adenikinju, described the situation as a “two-edged sword,” noting that while Nigeria could benefit from increased oil revenues, the same trend is deepening economic hardship for citizens.
According to him, rising petrol prices have triggered increases in transportation fares and inflation, placing significant pressure on low-income households.
“This is the time that Nigeria should say, ‘Look, we are sending some cash to those poor people who are vulnerable,’” he said.
Adenikinju, however, identified the absence of a reliable and comprehensive database of vulnerable Nigerians as a major policy gap, warning that it continues to hinder the effective implementation of targeted social interventions.
“If we have the data of all the poor people, this is the time that Nigeria should send some cash to those who are vulnerable, but we don’t have the data,” he added.
He further noted that recent increases in allowances for civil servants may provide limited relief but exclude millions of Nigerians in the private and informal sectors, stressing the need for coordinated efforts between federal and state governments to design broader and more inclusive support mechanisms.
Beyond immediate intervention, the economist called for structural reforms aimed at strengthening Nigeria’s social protection systems and improving its capacity to respond to external economic shocks.
Also speaking, the association’s president, Hassan Mahmud, said the conference comes at a critical time when Africa faces the challenge of balancing energy security, affordability, and sustainability amid a global transition to cleaner energy.
He noted that discussions would explore how emerging technologies such as renewable energy, energy storage, and digital systems can shape the continent’s energy future, alongside economic frameworks and public policies needed to attract investment and drive industrialisation.
Mahmud highlighted concerns that Africa, despite contributing less than four per cent of global carbon emissions, is facing increasing pressure to decarbonise without adequate financing or technological support.
According to him, the conference is designed to reposition the energy transition as an opportunity for economic growth, job creation, and poverty reduction rather than a constraint on development.
Participants are expected to engage in high-level plenary sessions, technical discussions on energy markets and policy reforms, industry showcases highlighting innovation across the energy value chain, and strategic dialogues aimed at producing actionable policy recommendations for governments and institutions across the continent.
The event will also feature a technical visit to the Dangote Refinery, described as the largest single-train refinery in the world, to provide first-hand insight into Nigeria’s refining capacity and its role in strengthening energy security in West Africa.
High-profile participants expected at the conference include billionaire businessman Tony Elumelu; the Chief Executive of the Dangote Group, David Bird; a former Minister of Power, Barth Nnaji; alongside energy regulators and other key stakeholders.
Adding to the policy debate, another former president of the association, Yinka Omorogbe, called for a fundamental shift in Nigeria’s energy strategy, particularly towards strengthening the downstream sector.
She criticised the country’s overreliance on crude oil exports, describing the upstream sector as an enclave industry with limited job creation potential.
“When you now open up the downstream and really make it functional and viable, you have industries throwing in hundreds of thousands of jobs into Nigeria,” she said.
Omorogbe emphasised that boosting domestic refining capacity would reduce dependence on fuel imports, create employment opportunities, and stabilise energy costs, warning that failure to act could expose Nigerians to even higher fuel prices.
Stakeholders are also expected to examine how Africa can leverage its vast hydrocarbon resources alongside its renewable energy potential to drive a pragmatic and inclusive energy transition.
The association further called on members of the media, private sector players, and development institutions to actively participate in amplifying the outcomes of the conference, noting that its resolutions are expected to influence policy direction and investment decisions across Africa’s energy sector.






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