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Prioritizing Security: A Call to Action for Nigeria’s Economic Growth
Prioritizing Security: A Call to Action for Nigeria’s Economic Growth....KINDLY READ THE FULL STORY HERE▶
Chairman of United Bank for Africa (UBA), Mr. Tony Elumelu, has urged President Bola Tinubu to make security a top priority in order to combat food scarcity and attract investment to Nigeria. Speaking at the Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja, Elumelu emphasized that security is crucial for protecting citizens and fostering economic development.
Elumelu stated, “To protect our people, feed them, attract investment, and foster trade, we must prioritize security.” He described the current insecurity as a national crisis that requires immediate and decisive action. According to Elumelu, ensuring that citizens can work on their farms, live peacefully, and conduct their businesses without fear is fundamental to their rights.
Highlighting the importance of the banking sector, Elumelu noted its role as a cornerstone of Nigeria’s economy. He pointed out that the sector has undergone significant transformation over the past few decades, becoming a success story for the nation. The banking industry not only employs millions but also provides crucial financial support to countless businesses and generates income for millions of shareholders.
In response to Elumelu’s call, President Tinubu, represented by Vice President Kashim Shettima, emphasized the need for the business and banking community to focus on capacity building, talent development, and youth empowerment as key drivers of economic growth. He reaffirmed his administration’s commitment to fostering an environment conducive to economic expansion.
The President revealed that the federal government is training three million Nigerian youths in digital technology and essential skills, with plans to deploy them to innovation firms across the nation. He stated, “We are committed to achieving a 70 percent digital literacy level by 2027 through collaboration and innovation.”
Tinubu stressed the importance of equipping the youth with the skills, knowledge, and opportunities necessary to propel the nation forward. He reiterated that focusing on capacity building and talent development is vital for the future of Nigeria’s economy.
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Sanusi Strikes Back: Outrage Erupts Over El-Rufai’s ‘Impossible’ Bail Conditions
.....KINDLY READ THE FULL STORY HERE▶
The Emir of Kano, Sanusi Lamido Sanusi, has publicly criticized the stringent bail conditions imposed on former Kaduna State Governor, Nasir El-Rufai. El-Rufai is currently detained by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) following a nine-count charge of fraud and abuse of office filed on April 13. According to Sanusi, authorities have mandated that a serving emir and a high-ranking government official must act as sureties for his release—a requirement he described as excessive.
Beyond the specific case of El-Rufai, the former CBN Governor expressed deep concern over the state of Northern Nigeria. He lamented the erosion of the region’s cultural identity and patience, noting that while poverty has historically challenged the North, residents previously maintained a sense of dignity and influence. Sanusi concluded that the North has lost its former standing in national politics, with its leaders no longer enjoying the widespread acceptance they once commanded.
In a recent address to the press, the Emir of Kano, Sanusi Lamido Sanusi, voiced his disapproval regarding the legal hurdles currently facing former Kaduna Governor Nasir El-Rufai. El-Rufai, who is being held by the ICPC on charges of financial misconduct, has been granted bail conditions that include the requirement of an emir and a senior government official as sureties—a demand Sanusi termed unnecessarily difficult.
During the same engagement, the former Central Bank Governor reflected on the broader decline of the Northern region. He argued that the North is suffering from more than just economic hardship; it is undergoing a cultural crisis. Sanusi suggested that the region has lost its traditional sense of resilience and dignity, lamenting that Northerners have allowed their political influence to wane to the point where they are no longer seen as natural leaders for the nation.
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Criticism of Bail: Sanusi characterized the demand for an emir and a senior government official to sign for El-Rufai’s bail as an overly burdensome requirement.
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Legal Status: El-Rufai remains in ICPC custody following his arraignment for alleged financial crimes during his tenure as governor.
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Cultural Critique: Sanusi argued that the North’s primary struggle is not merely poverty, but the erosion of its traditional values and cultural identity.
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Loss of Influence: The Emir observed that Northern leaders have lost the national political capital and public acceptance they formerly enjoyed.
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The ₦1,359 Threshold: What Today’s Dollar Rate Means For Your Wallet.
As of Wednesday, June 17, 2026, the dollar continues to trade at a premium on the parallel market (often referred to as the Aboki FX market). According to data gathered from Bureau De Change (BDC) operators in Lagos, the rates for the U.S. dollar are as follows:....KINDLY READ THE FULL STORY HERE▶
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THE CASE IS CLOSED: APP Deregistration Battle Finally Settled By Supreme Court!.
The Supreme Court has effectively ended the legal dispute regarding the potential deregistration of the Action Peoples Party (APP), confirming its status as a legally registered political entity. A five-member panel of the Supreme Court, presided over by Justice John Inyang Okoro, dismissed Appeal No. SC/CV/248/2026 on May 12, 2026, after the appellant, Mr. Blessing Elujiuba, chose to formally withdraw the case.....KINDLY READ THE FULL STORY HERE▶
This ruling leaves the previous decisions of the Federal High Court and the Court of Appeal, both of which favored the APP, final and binding. The initial legal challenge aimed to force the Independent National Electoral Commission (INEC) to deregister the party, alleging it did not meet the requirements set out in Section 225A of the 1999 Constitution.
The Court of Appeal in Owerri had previously dismissed these claims, with the court noting that the APP provided valid evidence of its electoral success, such as winning a councillorship seat in Jigawa State and victories in local government elections in Rivers State. The appellate judges also supported the interpretation that Section 225A should be read disjunctively, meaning a party only needs to meet one of the stipulated conditions to remain registered.
With this definitive ruling from the Supreme Court, the legal threats against the party’s leadership and its ability to participate in the 2027 general elections have been resolved in the party’s favor.
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