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Transfer Drama: Coventry Chief Addresses Rumours Of Lampard’s Return To Chelsea.
Doug King, chairman of Coventry City, has told fans to remain calm amid growing speculation linking head coach Frank Lampard with a possible return to Chelsea FC.....KINDLY READ THE FULL STORY HERE▶
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Military Sets Up Court Martial Over Alleged Coup Plot Against Tinubu.
The Defence Headquarters Nigeria (DHQ) has set up a General Court Martial to prosecute several military personnel across the Nigerian Armed Forces over an alleged coup plot against President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
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Atiku Reacts To Tinubu’s Fresh Loan Request From Senate.
Former Vice President Atiku Abubakar has faulted President Bola Tinubu over his request for Senate approval of a fresh $516 million external loan, warning against what he described as excessive and irresponsible borrowing.....KINDLY READ THE FULL STORY HERE▶
Reports indicate that Tinubu had written to the Senate seeking approval for a $516.3 million syndicated loan from Deutsche Bank AG. The facility, supported by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit, is intended to finance the Sokoto–Badagry Superhighway project.
The President explained that the Federal Government would also contribute over ₦265.5 billion as counterpart funding for land acquisition, compensation, and related infrastructure needs.
The proposed 1,000-kilometre highway is expected to link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos States, forming a major economic corridor stretching from Illela to Badagry. Tinubu urged the Senate to give prompt approval for the project.
Senate President Godswill Akpabio supported the proposal, describing the project as a potential economic game changer and noting that borrowing for critical infrastructure is justifiable when it yields long-term national benefits.
‘Nigeria Must Not Borrow Blindly’ — Atiku
Reacting through a statement issued by his aide, Phrank Shaibu, Atiku cautioned against accumulating external debt without proper transparency and accountability mechanisms.
He said Nigeria is already under significant debt pressure, arguing that further borrowing raises serious concerns about fiscal responsibility.
According to him, Nigerians expect not just ambitious infrastructure projects, but also transparent and responsible financing structures.
Atiku also referenced past infrastructure projects, questioning the transparency of the Lagos–Calabar Coastal Highway procurement process and warning against repeating similar controversies.
He stressed that all government borrowing must comply strictly with procurement laws and be subject to full accountability.
He stated that every loan taken in the name of Nigerians must be transparently managed, adding that development should not come at the expense of financial recklessness.
Atiku further warned that while Nigeria must continue to build infrastructure, it should avoid “blind borrowing,” noting that growth driven by excessive debt and lack of transparency could lead to future economic crises.
Following the President’s request, the Senate has referred the loan proposal to its Committee on Local and Foreign Debts for detailed review, with a directive to report back within one week.
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Accord Denies Leadership Crisis, Disowns Imumolen.
The Accord Party has dismissed reports suggesting a leadership crisis within its ranks, insisting that its 2023 presidential candidate, Christopher Imumolen, is no longer a member of the party and therefore has no basis to claim the position of national chairman.....KINDLY READ THE FULL STORY HERE▶
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