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Economic Boom Ahead! Nigeria Projected to Rank 3rd in Africa by 2025 – NOA Declares
The National Orientation Agency (NOA) has projected that Nigeria is on track to surpass Algeria and emerge as Africa’s third‑largest economy by Gross Domestic Product (GDP) in 2025, buoyed by a recent surge that expanded the country’s GDP by 38 percent.....KINDLY READ THE FULL STORY HERE▶
In its weekly bulletin, The Explainer, NOA referenced new data from the National Bureau of Statistics (NBS), which put Nigeria’s GDP at ₦372.8 trillion for 2024 following a rebasing exercise that shifted the base year to 2019.
Chaired by the Minister of Information and National Orientation, Mohammed Idris, NOA’s editorial board noted that the revised figures show Nigeria narrowing the gap with Algeria. The latest NBS data indicates that, despite moving from an earlier GDP estimate of $187.8 billion to $243.7 billion, Nigeria still ranked as Africa’s fourth‑largest economy in 2024, just behind Algeria, which posted a nominal GDP of $247.63 billion.
According to NOA, projections suggest that by the first quarter of 2025, Nigeria’s rebased economy will likely edge past Algeria.
“The 52nd edition of this publication highlights the rebasing of Nigeria’s GDP by the NBS. The rebased GDP now stands at ₦372.8 trillion ($243.7 billion) using 2019 as the new base year and factoring in previously unrecorded sectors such as e‑commerce, mining, and informal activities.
“This represents a 38 percent increase from previous estimates, placing Nigeria as Africa’s fourth‑largest economy and closing in on Algeria. Services lead with 53.09 percent, followed by agriculture (25.83 percent) and industry (21.08 percent).
“Although naira depreciation affected dollar‑denominated GDP, the economy still recorded an 81.8 percent growth from 2019 to 2024. The rebasing underscores Nigeria’s economic diversification and the untapped potential in the informal sector,” the agency stated.
On Tuesday, the Federal High Court in Abuja initiated an investigation into the unauthorized release of a video linked to the ongoing trial of six individuals accused of conspiring to topple President Bola Tinubu’s government.....KINDLY READ THE FULL STORY HERE▶
Investigation into the Leaked Video
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Court Directive: Following a complaint from the Director of Public Prosecution (DPP), Rotimi Oyedepo (SAN), regarding a video statement that surfaced on the social media platform of influencer “VeryDarkMan” despite a court-imposed restriction, Justice Joyce Abdulmalik ordered the Department of State Services (DSS) to conduct an inquiry.
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National Security Concerns: The DPP characterized the leak as a national security risk that prejudices the ongoing judicial proceedings, noting the video had already surpassed 6,000 views.
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Defense Stance: While defense counsel denied involvement in the leak, they held varying views on a probe; some welcomed an investigation, while others, like Sanusi Musa (SAN), cautioned against acting without formal evidence.
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Judicial Ruling: Invoking Section 232(5) of the Administration of Criminal Justice Act, 2015, Justice Abdulmalik mandated the DSS to identify and bring any responsible parties before the court, noting that such prosecution would be handled separately from the main coup trial.
Trial Testimony and Bail Proceedings
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Witness Testimony: A prosecution witness, an Army officer codenamed “DDD,” testified that the investigation was conducted by a multi-agency team—including the Army, DSS, DIA, and EFCC—and explicitly denied that the defendants were chained, coerced, or tortured during interrogation.
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Defense Challenges: During cross-examination, defense lawyers challenged the interrogation process, specifically noting the absence of family members or legal representation during the suspects’ questioning; however, the witness stated no such requests were made by the defendants.
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Bail Applications: The court heard bail arguments from the defense, which the DPP opposed; Justice Abdulmalik has reserved her ruling on these applications and adjourned the trial-within-trial for the first three defendants until June 25 and June 30.
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Deportation of Nigerian National: A Nigerian citizen named Ayodeji Ajayi has been deported from the United States following a series of criminal convictions, which include domestic violence.....KINDLY READ THE FULL STORY HERE▶
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Immigration Status: According to a statement released by US Immigration and Customs Enforcement (ICE) on their official account, Ajayi had been living in the US illegally for nearly two decades after failing to depart the country following the expiration of his student visa.
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Criminal History: ICE reported that after abandoning his studies, Ajayi amassed a significant criminal record that includes convictions for domestic violence, trespassing, intimidation, and obstruction. Furthermore, his record includes charges involving kidnapping, rape, and family neglect.
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Administrative Context: ICE attributed the removal of Ajayi to the immigration enforcement policies of President Donald Trump, noting the administration’s commitment to deporting criminal undocumented immigrants.
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Missing Details: While the agency confirmed the deportation, they did not specify when it occurred, nor did they provide additional details regarding the jurisdictions of the convictions or the current status of his pending criminal charges.
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Policy Enforcement: This action reflects the ongoing efforts by the Trump administration to intensify enforcement and increase the number of removals of undocumented individuals with criminal backgrounds across the United States.
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Latest News
“It Wasn’t Illness”: Gen. Rabe’s Widow Shatters Silence, Exposing True Cause Of Husband’s Death In Captivity.
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While the Katsina State Government attributed the retired general’s death to complications from diabetes and hypertension, his widow, Hajiya Amina Abubakar, reportedly disputes this.....KINDLY READ THE FULL STORY HERE▶
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Sources close to the widow during her hospitalization state that she insisted her husband was healthy and had no history of either condition prior to their abduction.
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Hajiya Amina recounted that the General’s health declined rapidly after his leg became swollen.
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The widow believed the General had been bitten by a snake, an assessment the kidnappers reportedly confirmed to her.
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Despite the captors applying local herbal remedies to the swelling, the General’s condition worsened, and he ultimately passed away in his wife’s arms.
Context of the Abduction and Rescue
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Major General Rabe and his wife were abducted on May 30, 2026, while traveling through the Matazu Local Government Area of Katsina State.
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The kidnappers, linked to a criminal network led by bandit kingpin Kachalla Muhammad Fulani, had demanded the release of detained associates.
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Following the General’s death, military troops from Operation Fansan Yamma intensified search-and-rescue efforts.
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During an encounter near Tunga Village, troops engaged the bandits, who shot Mrs. Abubakar before abandoning her and fleeing the area.
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Security officials are currently investigating the possibility of intelligence leaks or sabotage regarding the rescue operation, as the kidnappers appeared to be aware of the military’s movements.
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