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Nangolo Mbumba Officially Inaugurated As Namibia’s New President
Nangolo Mbumba Officially Inaugurated As Namibia’s New President
Namibia’s political landscape witnessed a significant transition as Dr. Nangolo Mbumba, the former Vice President, assumed the role of the country’s fourth President. The inauguration ceremony took place in Windhoek, Namibia’s capital, where Chief Justice Peter Shivute administered the oath of office on Sunday…….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Born on August 15, 1941, Mbumba is a prominent member of the South West Africa People’s Organization (SWAPO). With a distinguished political career, he previously served as Vice President from 2018 until his recent elevation to the presidency.
Throughout his political journey, Mbumba has held various ministerial positions, showcasing his diverse expertise. He has headed Namibian ministries such as Agriculture, Water and Rural Development (1993–1996), Finance (1996–2003), Information and Broadcasting (2003–2005), Education (2005–2010), and Safety and Security (2010–2012). Notably, he served as the secretary-general of SWAPO from 2012 to 2017.
The transition to Mbumba’s presidency follows the unfortunate passing of former President Geingob on February 4, 2024. President Geingob, aged 82, succumbed to cancer at Lady Pohamba Hospital in Windhoek. Mbumba, who announced the President’s demise, expressed deep sorrow for the loss, describing Geingob as a pillar and the chief architect of Namibia’s constitution.
Despite the dedicated efforts of the medical team, President Geingob’s health did not recover. Mbumba disclosed that the late President’s wife, Monica Geingos, and his children were present by his side during his final moments. The nation mourns the loss of a key figure, while Mbumba steps into the role of leadership during this period of transition.
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Strong Rebuttal: Abimbola Adekanmbi, the governorship candidate for the Allied Peoples Movement (APM) in Oyo State, has firmly rejected allegations that he is being sponsored or controlled by Governor Seyi Makinde.....KINDLY READ THE FULL STORY HERE▶
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Pledge for Independence: Speaking during an interview on Arise News on Tuesday, the former Commissioner for Finance declared that, if elected, he would run an independent administration based on his own policy agenda and would take full responsibility for his decisions.
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Clearing the Air: Adekanmbi explained that his political relationship with Makinde should not be misconstrued, revealing that the governor had even advised him not to inherit the political disputes or liabilities of the current administration.
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Inclusive Process: The APM candidate also dismissed claims that Makinde single-handedly handpicked the party’s candidates, stating instead that their emergence was the result of a transparent process involving consultations with various groups across the state.
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BETRAYAL OR AWAKENING? Charismatic Bishops Drop Peter Obi, Declare Total Support For Tinubu’s 2027 Bid!.
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Clerical Shift to Tinubu: The Charismatic Bishops’ Conference of Nigeria, headed by Leonard Kawas, announced that its members have switched their allegiance from 2023 presidential candidate Peter Obi to President Bola Tinubu for the 2027 election.....KINDLY READ THE FULL STORY HERE▶
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Principled Stance: In an interview with Channels Television, Kawas explained that his initial backing of Obi in 2023 was a matter of conviction rather than convenience, and their current decision to support Tinubu is guided by a belief that the administration is on the right track to elevate Nigeria.
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APC Campaign Appeal: Meanwhile, Abdulaziz Yari, Director-General of the APC Presidential Campaign Council, has called on the North to back President Tinubu’s second-term ambition for 2027.
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Call for Reciprocity: During a visit to the palace of the Oba of Lagos, Rilwan Akiolu, the former Zamfara State governor argued that the North should reciprocate the backing Tinubu historically provided to former President Muhammadu Buhari, including stepping aside in 2019 to allow the North to complete its tenure.
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Headline Inflation Dip: Nigeria’s headline inflation rate experienced a slight decrease to 15.39% in August 2026, marking a 0.04 percentage point drop from the 15.43% recorded in July.....KINDLY READ THE FULL STORY HERE▶
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Year-on-Year Comparison: The latest figure shows a significant improvement compared to August 2025, where inflation stood much higher at 23.14%.
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Month-on-Month Slowdown: On a month-on-month basis, the inflation rate slowed sharply to 0.71% in August—falling by 0.86% compared to July’s rate of 1.57%, indicating a slower pace of price increases.
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Petrol Price Hike: In separate developments, the Nigerian National Petroleum Company Limited (NNPCL) increased the pump price of Premium Motor Spirit (petrol) on Tuesday.
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Abuja Market Impact: A market survey across Abuja revealed that NNPCL retail outlets hiked petrol prices by ₦50 to ₦80, bringing pump prices to between ₦1,395 and ₦1,430 per litre in areas like Gwarinpa, Kubwa Expressway, Wuse Zone 4, and Airport Junction.
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