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Tinubu Needs Second Term to Complete Reforms, Says Oyetola

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The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, says President Bola Tinubu needs a second term to complete ongoing reforms and stabilize Nigeria’s economy.

Oyetola, leader of the All Progressives Congress (APC) in Osun, said continuity was crucial at this stage of national development.

In a statement on Sunday by his Special Adviser on Media, Dr Bolaji Akinola, Oyetola said the President required more time to further deliver democratic dividends.

Recall that on Feb. 14, 2026, Oyetola led the Osun APC to endorse Tinubu at a reception in Osogbo.

According to him, the endorsement followed a careful assessment of the administration’s performance and reform agenda.

“Continuity is crucial at this stage of Nigeria’s development.

“A second term will enable the President to consolidate ongoing reforms, complete major infrastructure projects and fully stabilise the economy.

“President Tinubu has demonstrated courage, capacity and commitment to reposition Nigeria.

“What he needs now is time to complete the good job he has started,” Oyetola said.

He said Tinubu took difficult but necessary decisions at the beginning of his tenure to rescue the economy.

“President Tinubu took courageous and necessary decisions at the outset of his administration to rescue Nigeria’s economy from the brink of collapse.

“These bold fiscal and monetary reforms were not easy, but they were inevitable to stabilise the system and restore confidence.

“Today, we are witnessing improved revenue generation, greater transparency in public finance and renewed investor confidence in our economy,” he said.

Oyetola noted that infrastructure development remained central to the administration’s strategy.

“The President has prioritised massive investments in roads, rail, ports and energy infrastructure across the country.

“These strategic projects are expanding economic opportunities, enhancing connectivity and stimulating job creation nationwide.

“They are laying a solid foundation for sustainable growth and long-term national development,” he said.

The minister also commended the President’s social welfare initiatives.

“While pursuing reforms, the administration has not lost sight of the welfare of ordinary Nigerians.

“Through targeted intervention programmes, student loan initiatives and support for small and medium-sized enterprises, the government is cushioning reform impacts.

“This demonstrates that the President is not only reform-minded but also compassionate and people-focused,” he said.

Oyetola added that security coordination had improved under Tinubu’s leadership.

He said increased support for law enforcement was strengthening national stability.

The minister assured that APC members in Osun were fully aligned behind Tinubu’s re-election bid.

Oyetola also expressed confidence that the APC governorship candidate, Asiwaju Bola Oyebamiji, would win the Aug. 15 election in the state. 

POLITICS

SDP Leader, Adebayo Urges Nigeria to Reconnect With Independence-era Ideals at Stakeholders’ Summit

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By Mike Odiakose, Abuja

The national leadership and former presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, has advocated a renewed commitment to the foundational principles that shaped Nigeria’s independence, emphasizing that governance rooted in public good—not transactional politics—should define the nation’s political direction.

He made this call during a high-level meeting held yesterday in Osun State, which brought together Afenifere, the Northern Elders Forum (NEF), the Arewa Consultative Forum (ACF), and other prominent national figures.

Addressing participants at the gathering, Adebayo highlighted that Nigeria was founded as a negotiated federation, with leaders from the North, East, West, and South collaborating to secure independence during the Lancaster House constitutional conferences.

He explained that the country’s early political parties were established to drive development plans grounded in equity and inclusion, but noted that military intervention derailed that trajectory.

“Since then, our political system has largely reflected military influence and post-military tendencies,” he said.

Adebayo stated that the Osun meeting was convened to revive a unifying national philosophy based on social democracy.

According to him, the objective is to ensure that both political aspirants and citizens clearly understand the responsibilities embedded in the social contract of governance.

“Our aim is to deliver the greatest good for the greatest number of Nigerians, through a system that contrasts sharply with what we see today,” he added.

He stressed that the effort transcends the SDP and Afenifere, focusing instead on restoring the core values that underpinned Nigeria’s early political development.

Referencing legacy political groups such as the Action Group, UPN, PRP, NEPU, UMBC, the Northern People’s Congress, and the NCNC, Adebayo noted that they were all driven by a shared commitment to national service and progress.

“We are uniting these philosophies to remind Nigerians that the essence of politics is governance—good governance. It should not be reduced to a pursuit of personal gain or treated like a casino by self-serving politicians,” he said.

He concluded by reiterating that politics must once again serve as a vehicle for advancing the welfare of the Nigerian people, rather than a means for individual enrichment.

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POLITICS

INEC Freezes ADC Activities amid Court Order

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By Mike Odiakose, Abuja

The Independent National Electoral Commission (INEC) has removed the names of the National Working Committee (NWC) of the African Democratic Congress (ADC) led by David Mark from its official portal, in compliance with a Court of Appeal directive, as a rival faction staged a protest at its Abuja headquarters demanding recognition.

In a statement on Wednesday, INEC said the decision was taken to obey a March 12, 2026 judgment of the Court of Appeal, which ordered all parties to maintain the status quo ante bellum—the state of affairs before the dispute, pending the determination of a substantive suit before the Federal High Court in Abuja.

The commission explained that although the Mark-led NWC was uploaded to its portal on September 9, 2025, the action occurred seven days after the legal challenge had already been filed. Consequently, it resolved to delist the officials to avoid undermining ongoing judicial proceedings.

INEC also rejected a request by a rival faction led by Nafiu Bala to recognise him as acting national chairman, warning that such a move would violate the appellate court’s order. It further announced a total suspension of engagements with all factions of the party, including monitoring of meetings, congresses, and conventions, until the courts deliver a final ruling.

“The Commission shall not receive any further communication or deal with any of the parties or groups pertaining to the affairs of the party,” INEC stated, reiterating its commitment to neutrality and adherence to judicial pronouncements.

The development comes as supporters of the Bala faction protested at INEC’s headquarters in Abuja, insisting that the commission must recognise their leader in line with the same Court of Appeal judgment.

Led by Bala, the demonstrators carried placards with inscriptions such as “Obey the Court” and “INEC must recognise Nafiu Bala,” accusing the electoral body of disregarding judicial authority and undermining the rule of law.

Speaking during the protest, Abimiku Monday, Special Adviser on Strategy to Bala, said the commission had been formally notified of the court ruling but failed to act, warning that such actions could erode public trust in democratic institutions.

Other speakers, including activist Abdullahi Ahmed and civil society leader Basah Mohammed, said the protest was aimed at defending democratic principles and ensuring institutional accountability. They urged INEC to remain impartial and resist external influence, while calling on the National Assembly to exercise oversight.

However, INEC maintained that its actions were guided strictly by the court order, which it interpreted as requiring a halt to all actions that could prejudice the outcome of the case.

Addressing the protesters, INEC’s Assistant Director of Security, Mohammed Hamma, appealed for calm, noting that the commission’s leadership was attending an official workshop in Lagos. He assured them that their petition would be delivered.

The ADC leadership crisis, which pits the Mark-led faction against Bala’s camp, has triggered multiple legal battles, with both sides seeking judicial affirmation of their claims to the party’s national structure. The dispute now remains in the hands of the courts as INEC steps back from all involvement pending a final verdict.

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POLITICS

Again, Senate Approves Tinubu $6bn Loan as Budget Spending Surges

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By Eze Okechukwu, Abuja

In a series of far-reaching fiscal decisions on Tuesday, the Senate approved a $6 billion external borrowing request by President Bola Tinubu, passed the N68.3 trillion 2026 Appropriation Bill, and extended the implementation of the 2025 capital budget to June 30, signaling an aggressive push to sustain infrastructure spending and stabilize public finances.

The upper chamber, presided over by Senate President Godswill Akpabio, granted expedited approval for the loan request shortly after receiving formal communication from the President.

The package includes $5 billion from Abu Dhabi Bank for budget deficit financing and debt servicing, alongside a $1 billion facility from UK Export Finance through Citibank, London, targeted at rehabilitating critical port infrastructure.

The port projects—covering Lagos Port Complex and Tin Can Island Port—are expected to boost efficiency, improve safety standards, and reposition Nigeria as a regional trade hub while supporting non-oil revenue diversification.

The approval followed the adoption of a report presented by Senator Aliyu Wamakko, Chairman of the Senate Committee on Local and Foreign Debts, underscoring the legislature’s backing of the Executive’s borrowing strategy amid widening fiscal gaps.

In a related development, the Senate also passed the 2026 Appropriation Bill of N68.3 trillion after considering a report laid by the Appropriations Committee chaired by Senator Solomon Olamilekan Adeola. The passage reflects an increase over earlier proposals and reinforces the government’s expansionary fiscal stance.

Earlier in plenary, President Tinubu had requested legislative approval for a N9 trillion upward review of the 2026 budget, raising it from N58.4 trillion to N67.4 trillion. The proposal, referred to the Appropriations Committee, is aimed at regularising outstanding obligations, integrating existing debt into the fiscal framework, and aligning expenditure with macroeconomic stability goals.

Meanwhile, lawmakers moved to prevent disruption of ongoing projects by extending the capital component of the 2025 budget from March 31 to June 30, 2026.

Leading debate on the amendment bill, Senate Leader Opeyemi Bamidele warned that without the extension, many projects risk abandonment due to low execution levels, despite about 30 per cent of funds already released to Ministries, Departments, and Agencies.

Supporting the move, Deputy Senate President Barau Jibrin said the extension aligns with the administration’s infrastructure agenda and would ensure continuity of critical national projects.

The developments highlight the Federal Government’s increasing reliance on a mix of domestic and external borrowing to finance ambitious budgets, as well as the National Assembly’s willingness to fast-track fiscal measures aimed at sustaining economic growth and infrastructure development.

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