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Total Financial Lockdown? Tinubu Govt Considers Return To Cashless Policy To End Kidnapping Spree.

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The Federal Government, under President Bola Ahmed Tinubu, is evaluating the reintroduction of a rigorous cashless policy as a strategy to combat kidnapping and violent crime. Security officials suggest this framework is necessary because criminals currently favor cash ransom payments to evade detection by financial intelligence agencies. By shifting toward a stricter cashless regime, the government aims to make ransom payments traceable, thereby strengthening law enforcement’s ability to monitor illicit financial flows.....KINDLY READ THE FULL STORY HERE▶

While experts like Mohammed Sani view this as a positive step toward tracking criminal funds, they highlight that success is contingent upon robust digital infrastructure, public trust, and effective enforcement, especially in rural areas. Financial expert Chukwudi Ayogu further emphasizes that such a policy must account for the needs of rural populations with limited banking access to avoid financial exclusion.

Developments in the Oyo School Abduction

In the meantime, there is growing optimism regarding the rescue of 39 schoolchildren and seven teachers kidnapped from schools in the Oriire Local Government Area of Oyo State on May 15, 2026. Security forces have established a tight cordon around the National Park forest, where the victims are believed to be held, effectively blocking key escape routes.

  • Operation Status: The rescue mission has reached a critical stage, with security forces placing the abductors under significant pressure.

  • Criminal Desperation: Intelligence reports indicate the kidnappers are becoming desperate, as evidenced by the killing of one abducted teacher.

  • Operational Goal: Security officials, who have linked the attack to elements associated with Ansaru, remain focused on dismantling the kidnapping network and securing the safe release of all remaining captives.

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POLITICAL BOMBSHELL: ADC Defends Amaechi’s VP Candidacy Amid Growing Speculation.

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The African Democratic Congress (ADC) has reaffirmed that former Rivers State Governor Rotimi Amaechi is its designated vice-presidential candidate for the 2027 elections. Addressing concerns regarding Amaechi’s lack of public comment on the nomination, ADC National Publicity Secretary Bolaji Abdullahi argued during a Trust TV interview that a personal, public acceptance from the candidate is unnecessary.....KINDLY READ THE FULL STORY HERE▶

  • Process Over Personal Announcement: Abdullahi emphasized that the party, not the individual candidate, is responsible for formally announcing such selections. He questioned the necessity of a public statement, noting that such personal declarations are not standard political practice.

  • Defending Internal Due Process: While declining to detail specific internal discussions, the spokesperson maintained that the party followed all due procedures in selecting Amaechi. He further stated that no contradiction has come from the former governor regarding the party’s decision.

  • Future Unveiling: The party plans to formally present both its presidential and vice-presidential candidates to the Nigerian public at a later date, noting that the official campaign season has yet to commence.

  • Emphasis on Party Supremacy: Abdullahi positioned the ADC as an institution-led party that prioritizes party supremacy. He highlighted the party’s pride in conducting a nationwide internal election across all 36 states and the Federal Capital Territory, asserting that the ADC is unique in this regard.

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TERRORISTS ELIMINATED: Elite Troops Storm Hideout, Rescue Hostages In Fiery Gunfight.

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Operation Fansan Yamma, the Joint Task Force North-West, has concluded a series of intensive operations across Sokoto, Katsina, Kaduna, and Zamfara states, resulting in the successful rescue of abductees, the elimination of four terrorists, and the recovery of various weapons and stolen livestock.....KINDLY READ THE FULL STORY HERE▶

However, the military command confirmed that three soldiers were killed in the line of duty during an engagement in Zamfara State.

Regional Breakdown of Operations

  • Sokoto: Troops successfully repelled an infiltration attempt on Tureta town. Following an aerial sighting, soldiers pursued the fleeing criminals to Sulubawa Gidan Kare village. Despite facing a tactical ambush, the troops utilized superior firepower to break the resistance and secure the area.

  • Katsina: A precision raid on a terrorist enclave in Matazu Local Government Area resulted in two confirmed kills. The military recovered an AK-47, a PKT assault rifle, communication equipment, and stolen livestock from the site.

  • Kaduna: Acting on intelligence in the Kerawa area of Igabi, troops rescued three hostages—Bilkisu Hayatu (38), Habibah Sadisu (30), and one-year-old Abdulmutallib Sadisu—after the kidnappers abandoned them to evade capture.

  • Zamfara: While soldiers successfully thwarted planned attacks in Gummi, Maru, and Bakura, the operation in Maru came at a heavy cost. Military officials reported that despite inflicting significant casualties on the insurgents, three soldiers lost their lives. Additionally, four suspects, including alleged informants, were taken into custody for further investigation.

Lt. Col. Aliyu Danja, the Media Information Officer for Operation Fansan Yamma, commended the troops for their bravery and vigilance, noting that the ongoing operations continue to degrade the operational capacity of criminal elements across the North-West region.

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Panic In The Kitchen! FG Intervenes As Cooking Gas Costs Reach Breaking Point.

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The Federal Government has initiated an urgent meeting with key industry stakeholders to tackle the recent surge in Liquefied Petroleum Gas (LPG) prices. The session included government officials, regulators, and various industry participants to investigate the root causes of the price increases.....KINDLY READ THE FULL STORY HERE▶

  • Importance of LPG: Patience Oyekunle, Permanent Secretary for the Ministry of Petroleum Resources, highlighted that LPG is vital for households and essential to Nigeria’s energy transition plans.

  • Economic Impact: Oyekunle noted that the climbing costs are straining household budgets and driving up the prices of essential goods.

  • Government Mandate: Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, stated that President Bola Tinubu is concerned about these rising costs and has ordered agencies to implement proactive solutions.

  • Logistical Needs: Ekpo emphasized that any government intervention to boost supply must be supported by transparent pricing, better infrastructure, and efficient logistics to ensure benefits reach consumers.

  • Market Factors: Rabiu Umar, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), identified high landing costs as a primary driver of current prices.

  • Future Outlook: While acknowledging current challenges, Umar expressed optimism that ongoing efforts—such as increasing domestic supply, enhancing market oversight, and improving product availability—will alleviate market pressure soon.

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