Politics
SDP Presidential Candidate, Adebayo Promises To Clear Nigeria’s ₦77trn Debt In Three Budget Cycles

The presidential candidate of Social Democratic Party (SDP), Prince Adewole Adebayo, has promised to clear the ₦77 trillion debt Nigeria is presently owing within three budget cycles.
According to him, he’s not afraid of inheriting the N77 trillion debt which would be left by the present government.
Adebayo stated this in an online interview, telling Nigerians not to be worried about the failure by the President Muhammadu Buhari-led administration that hired “an unimaginative team to head the Central Bank of Nigeria and create debts rather than adequately managing the economy.”
Speaking further, he said he does not see liability in Nigeria as he prepares to activate the various assets of the nation to turn around the grim situation to one of international envy.
READ ALSO: SDP Presidential Candidate, Adebayo Takes Campaign To Edo North, Promises Seaport In Agenebode
Adebayo told said that he decided to contest for the presidency of Nigeria because of the myriad of challenges facing the country, which, in his view, are no challenge at all given the huge assets which abound in the country.
In his words: “I knew these problems before I declared to run. In fact, if these problems were not there, I would not have taken an interest in running.
“When you have a debt profile that is put at N77 trillion, you are looking at the debt side, what about the asset side?
“When I take my oath of office, I am not just inheriting the debt, I am inheriting 220 million people, I am inheriting entrepreneurs.
“Nigerians are so lively, highly energetic and ready to work. I am inheriting the largest gas reserve. I am inheriting a vast agricultural land.
“I mean everything, all other things, solid minerals and all other assets. so the debt is so small when compared to the assets that we have. So, what I will do is, look at the structure of our debt.
“If I push our revenue up by 32 %, we will be fine but the window of pushing our revenue up is about 300 percent. And if I push down the wastage and the corruption by three-quarters 75% with some saving pockets here and there. And do some mop-up. I think that Nigerians would not even remember that we have a debt profile at all.
“We will retire the debts within three budgets, the debt will be insignificant and the people will get employment if I get 30 million jobs added to the workforce. The taxation on Pay As You Earn alone will wipe this debt off.
“If I get agriculture productivity in four belts in the country, lower Kebbi upper Niger, in Southern Kaduna Plateau axis, if I get agriculture in Oke-Ogun, part of South-West Nigeria and do Agriculture in Benue that will significantly deal with the problem.
“I don’t worry about that. It is not the load that kills but how you carry it. So, these debts represent a deficit of imagination, a deficit of creativity, and a deficit of competence. Why I said so is not because I am in the mood to insult anybody.
“I said so because their original sin is not managing our revenue accruals very well because they didn’t manage revenue accruals due to three problems that they have created for themselves including the fact that they don’t have the competence to do an appraisal of revenue profile and capture all the revenue subheads and govern all the revenue sub-head prudently.
“Secondly, they are tardy in administration and supervision. So many leakages even within the one they captured.
“Thirdly, they have collected campaign funding and other support from those who are benefiting from leakages and blind spots.
“So in order to keep their friends happy with them, the so-called political structures, they have created no-go areas. As a result of that, they are not able to capture enough revenue.
“Because they have hired an unpatriotic and unimaginative Governor of the Central Bank, so they’re able to create debts, like a drunken sailor and turned the apex bank into a casino. That is why they have all these crises.“
Politics
Tinubu, Six APC Governors Hold Closed-door Meeting At Aso Villa

President Bola Ahmed Tinubu on Monday met with six governors elected on the platform of the All Progressives Congress (APC) in a closed-door session at the State House, Abuja.
The purpose of the meeting was not immediately disclosed, and details of its agenda remained unclear at press time.
In attendance were governors Umar Namadi (Jigawa), Monday Okpebholo (Edo), Biodun Oyebanji (Ekiti), Usman Ododo (Kogi,) Aliyu Sokoto (Sokoto) and Dr. Nasir Idris (Kebbi), who arrived at the Presidential Villa separately.
The meeting, held in the President’s office, lasted almost two hours.
Although no Presidency official offered insight into the agenda, the consultations come amid rising security concerns across the country and ongoing political engagements within the ruling party.
The governors declined to speak to journalists after the meeting.
READ ALSO:JUST IN: Navy Officer Who Had Altercation With Wike Reportedly Escapes Assassination Attempt
President Tinubu has recently intensified his focus on national security by convening a series of high-level meetings involving key security stakeholders, including the service chiefs of the Army, Navy, and Air Force, as well as intelligence coordinators and senior officials from various security agencies.
This increased engagement comes in response to a worrying upsurge in banditry, kidnappings, and violent crimes that have spread across multiple regions, causing widespread public concern and escalating pressure on the federal government for urgent and effective intervention.
These strategic meetings, frequently conducted in secrecy to ensure confidentiality and candid discussion, have aimed to undertake a comprehensive review of ongoing security operations nationwide.
Discussions have prioritised enhancing coordination and communication among military, police, and intelligence units to foster a more unified and cohesive response to security challenges.
In addition, the sessions have explored innovative and tactical measures that leverage intelligence gathering, rapid deployment, and community engagement to dismantle criminal networks and restore order.
READ ALSO:JUST IN: Tinubu Holds Closed-door Meeting With Rivers, Ebonyi Govs
Throughout these consultations, President Tinubu has underscored that safeguarding the lives and property of Nigerians is paramount.
He has called on the security apparatus to move beyond reactive measures and adopt more preventive, intelligence-driven strategies that anticipate threats before they escalate.
The administration’s renewed approach signals a commitment to reinforcing national security architecture and improving the operational effectiveness of all agencies involved in the fight against crime and insurgency across Nigeria.
In other news, the National Security Adviser (NSA), Nuhu Ribadu, has expressed optimism that the security challenges – terrorism, banditry, kidnapping, and other violent crime – Nigeria has been facing for almost three decades now will be overcome.
READ ALSO:Tinubu Submits Fresh Ambassadorial List To Senate, Ibas, Dambazau Make Cut
The NSA described those behind the “painful and unnecessary” challenges as “evil” and vowed they would be defeated.
Ribadu made remarks during the opening of a one-day dialogue organised by the National Peace Committee, in partnership with the delegation of the European Union to Nigeria and the U.S., on “a whole-of-Society Approach to the Prevention of Violence and Conflict in Northern Nigeria,” on Thursday in Abuja.
“This (security challenges) also shall pass. We are going through tough times. This will also go.
“But it’s very, very painful, what we are going through. It’s unnecessary.
They are very unfair to us, those who are responsible for this. They are evil.
“But they will be defeated. It’s a matter of time, and peace will be restored. That one we can assure you. Because there are people who are working, not necessarily making noise.
“There are people who are making sacrifices. Every single day, we go to bury our own deaths. Painful as it is. But most people don’t talk. Sacrifice is ongoing,” the NSA said.
Politics
JUST IN: Tinubu Holds Closed-door Meeting With Rivers, Ebonyi Govs

President Bola Ahmed Tinubu on Monday held separate closed-door meetings with Rivers State Governor Siminalayi Fubara and Ebonyi State Governor Francis Nwifuru at the State House, Abuja.
The engagements came amid heightened political tension in Rivers State and renewed speculation over Governor Fubara’s future within the Peoples Democratic Party (PDP).
Fubara arrived at the Presidential Villa at about 5:01 p.m. and was received by the Presidential Protocol Liaison Officer before being escorted to the President’s office.
He departed at about 5:45 p.m., but details of the meeting remained undisclosed as of press time.
Shortly before his arrival, Governor Nwifuru had been ushered in for a separate audience with the President. The purpose of his visit was also not revealed.
READ ALSO:Police Arrest Suspect For Raping Woman To Death In Rivers
Nwifuru , a former Speaker of the Ebonyi House of Assembly and now an All Progressives Congress (APC) governor, has in recent months held several engagements with the Presidency, largely centred on infrastructure development and security coordination in the South-East.
Tinubu’s meeting with Fubara follows Friday’s defection of 17 members of the Rivers State House of Assembly, loyal to the Minister of the FCT, Nyesom Wike, and led by Speaker Martin Amaewhule, from the PDP to the APC.
The mass defection has significantly altered power dynamics in the state legislature and heightened uncertainty about Fubara’s political trajectory.
lawmakers believed to be aligned with the governor remain in the PDP, and they have yet to resume their seats since the lifting of the state’s emergency rule on September 18.
READ ALSO:OPINION: Can Tinubu, Our Eddie Kwansa, Now Come Home?
The Guardian earlier reported that President Tinubu met with six APC governors in a closed-door session at the State House, Abuja.
The purpose of the meeting was not immediately disclosed, and details of its agenda remained unclear at press time.
In attendance were governors Umar Namadi (Jigawa), Monday Okpebholo (Edo), Biodun Oyebanji (Ekiti), Usman Ododo (Kogi,) Aliyu Sokoto (Sokoto) and Dr. Nasir Idris (Kebbi), who arrived at the Presidential Villa separately.
The meeting, held in the President’s office, lasted almost two hours.
Although no Presidency official offered insight into the agenda, the consultations come amid rising security concerns across the country and ongoing political engagements within the ruling party.
READ ALSO:(VIDEO) Obasanjo To Tinubu: Why Are We Negotiating With Bandits?
The governors declined to speak to journalists after the meeting.
President Tinubu has recently intensified his focus on national security by convening a series of high-level meetings involving key security stakeholders, including the service chiefs of the Army, Navy, and Air Force, as well as intelligence coordinators and senior officials from various security agencies.
This increased engagement comes in response to a worrying upsurge in banditry, kidnappings, and violent crimes that have spread across multiple regions, causing widespread public concern and escalating pressure on the federal government for urgent and effective intervention.
Politics
Ambassadorial Nominees: Ndume Asks Tinubu To Withdraw List

Ahead of the Senate’s screening and confirmation of the ambassadorial nominees sent to the Red Chamber by the Presidency, former Senate Leader Ali Ndume has appealed to President Bola Tinubu to withdraw the list from parliament.
The federal lawmaker declared that the composition of nominees was in clear breach of the Federal Character principle, as enshrined in the Constitution.
Checks revealed that while certain states have three and four nominees, states like Gombe have no representation, while the only nominee from Yobe, Senator Adamu Garba Talba, died last July.
The entire North East state has 7 nominees in the list.
Further checks revealed that the South West geopolitical zone has 15 nominees, while the North West and South East have 13 and 9, respectively.
READ ALSO:Full List: FG Releases Names Of 68 ambassadorial Nominees Sent To Senate For Confirmation
North Central region has 10 nominees in the list of career and non-career ambassadorial nominees, while South South region has 12 nominees.
The Senate President at plenary on Thursday formally read the list of nominees and referred it to the Senate Committee on Foreign Affairs for further legislative action.
The Senator representing Borno South in a statement issued on Saturday maintained that the list of nominees was in clear breach of Section 14(3) of the Nigerian Constitution which mandates that the composition and conduct of the federal government must reflect the “federal character of Nigeria” to ensure national unity and loyalty.
The section reads: “The composition of the Government of the Federation or any of its agencies and the conduct of its affairs shall be carried out in such a manner as to reflect the federal character of Nigeria and the need to promote national unity, and also to command national loyalty, thereby ensuring that there shall be no predominance of persons from a few State or from a few ethnic or other sectional groups in that Government or in any of its agencies.”
READ ALSO:Tinubu Submits Fresh Ambassadorial List To Senate, Ibas, Dambazau Make Cut
The former Chief Whip of the Senate admonished President Tinubu to avoid taking decision that will fuel ethnic tension and promote distrust in the country, amidst the wrong narrative being promoted by the Western world against his administration.
He said: “My sincere appeal to President Tinubu is to withdraw this list. At this critical time in the life of his administration, he should avoid missteps that could endanger national unity and promote ethnic distrust.
“I know him to be a cosmopolitan leader who is at home with every segment and stakeholders in the country.
“He should withdraw that list and present a fresh set of nominees that will align with the spirit of the Constitution on Federal Character Principle that government’s structure and operations must represent the diverse states and peoples of Nigeria.”
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