Politics
Nigerian Billionaire Abdulsamad Rabiu Faces A $2.5 Billion Net Worth-Decrease In 2023 Due To Currency Devaluation And Central Bank-Policies
In 2023, prominent Nigerian billionaire and entrepreneur Abdulsamad Rabiu experienced a substantial setback as his net worth plunged by $2.5 billion, dropping from $8.3 billion to $5.7 billion, securing his position as the second richest man in Nigeria and fourth on Forbes’ list of African billionaires. This decline is primarily attributed to the Central Bank of Nigeria’s free float policy…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Additionally, Rabiu, the founder of the BUA conglomerate, witnessed a shift in his standing on Bloomberg’s billionaire index due to the devaluation of the naira. Three months following the implementation of the naira devaluation strategy in 2023, Rabiu encountered a one-third reduction in his wealth.
Concurrently, BUA Cement, a key contributor to Rabiu’s wealth, experienced a modest decline in market valuation, slipping from N3.31 trillion in 2022 to N3.28 trillion.
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Atiku’s 2027 Nightmare: Bwala Reveals Why The Former VP Is Politically Isolated And Destined To Fail!.
Daniel Bwala, Special Adviser to President Bola Tinubu on Media and Policy Communication, has questioned former Vice President Atiku Abubakar’s electoral prospects for 2027. In a recent interview, Bwala expressed concerns that Peter Obi, representing the Nigeria Democratic Congress (NDC), could outperform Atiku, and suggested that Atiku might face a significant electoral defeat. Bwala noted that, unlike in 2023 when Atiku had substantial support from PDP governors and lawmakers, he currently lacks backing from any sitting governors. He warned that a poor showing could negatively impact the former vice president’s political legacy.....KINDLY READ THE FULL STORY HERE▶
Presidential aide Daniel Bwala has cast doubt on Atiku Abubakar’s viability for the 2027 presidential race, warning that the former Vice President risks a weak finish. Speaking on Symfoni TV, Bwala highlighted a major shift in political capital; while Atiku commanded significant support from governors and legislators in 2023, he currently appears to have no gubernatorial backing. Bwala further speculated that Peter Obi could surpass Atiku in total votes and suggested that if this is indeed Atiku’s final bid, a distant fourth-place finish could severely damage his historical political standing.
Daniel Bwala, an aide to President Tinubu, warns that Atiku Abubakar’s 2027 presidential bid is in trouble. Bwala claims Atiku has lost the critical support of governors and lawmakers he enjoyed in 2023, leaving him vulnerable to being outperformed by Peter Obi. According to Bwala, the lack of political infrastructure behind Atiku could result in a poor showing that might tarnish his long-term political legacy.
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Inside The Rescue Plan: How Tinubu And Shettima Are Moving To Smash The Kidnapping Ring Holding Oyo Pupils!.
Vice President Kashim Shettima has reaffirmed the Federal Government’s dedication to rescuing all citizens, including children, currently held by criminal groups. Speaking in Abuja on Friday following a special Jummat prayer for the 2026 Democracy Day celebrations, Shettima emphasized that President Bola Tinubu remains steadfast in his mission to neutralize security threats and restore national stability. Addressing the nation’s challenges, the Vice President called for unity among citizens and expressed confidence that the government’s efforts would eventually overcome current violence, stating that the nation’s collective bonds are stronger than its divisions.....KINDLY READ THE FULL STORY HERE▶
During his remarks at the National Mosque for the 2026 Democracy Day, Vice President Kashim Shettima delivered a message of resilience, promising that the government is working tirelessly to secure the release of all kidnapped Nigerians. He stressed that despite the severity of the current security climate, President Tinubu’s administration is fully committed to peace and will not waver in its effort to restore normalcy to affected communities. Shettima urged Nigerians to maintain hope and unity, using the metaphor that “it will not rain forever,” as he pledged that the government is irrevocably focused on bringing light to these challenging times.
Option 3: Concise Executive Summary Vice President Kashim Shettima has pledged that the government is prioritizing the safe release of all hostages held by kidnappers and terrorists. Following special prayers for Democracy Day, Shettima highlighted President Tinubu’s resolve to dismantle criminal networks and stabilize the country. He encouraged citizens to remain united, asserting that the strength of the Nigerian bond will prevail over current security obstacles as the government continues its drive to ensure safety across the nation.
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Breaking: Senate Breaks Silence On Insecurity Crisis, Promises Rapid-Fire Action To Legalize State Police!.
In response to escalating insecurity, banditry, and kidnappings across Nigeria, the Senate has pledged to fast-track the constitutional amendments necessary to establish state police. Yemi Adaramodu, Chairman of the Senate Committee on Media and Public Affairs, confirmed that the National Assembly is prioritizing this legislative framework to empower states in tackling local security threats. Adaramodu emphasized that the Senate is committed to supporting President Bola Ahmed Tinubu’s administration and is ready to immediately begin the required legal procedures to ensure safer communities.....KINDLY READ THE FULL STORY HERE▶
The Senate is taking urgent action to combat Nigeria’s growing security crisis. Following widespread concern over persistent kidnappings and violent attacks, lawmakers have announced plans to accelerate the constitutional process for creating state police. Yemi Adaramodu, the Senate’s spokesperson, stated that the legislature is determined to finalize the necessary legal framework as quickly as possible. This move reflects a growing push to decentralize policing, allowing state governments to play a more active role in protecting their citizens and eliminating criminal elements.
Option 3: Formal and Professional (Ideal for Reports) Amidst the ongoing security challenges posed by banditry and kidnapping in various regions of Nigeria, the Senate has signaled its intention to expedite the constitutional reforms required for the decentralization of policing powers. According to the Chairman of the Senate Committee on Media and Public Affairs, Yemi Adaramodu, the National Assembly is prepared to prioritize the legislative processes essential for the establishment of state police. Adaramodu noted that this initiative is a strategic effort to bolster national security and provide the necessary support to the Federal Government in its mandate to safeguard the populace.
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