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Fresh $1.25 Billion World Bank Loan: Tinubu Running A Ponzi Economy – ADC

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By Suleiman Anyalewechi 

 

The African Democratic Congress, ADC, on Thursday May 14, 2026, expressed renewed concern over what it described as the growing level of Nigeria’s cumulative public debt profile.

 

This is as the opposition Coalition platform accused President Bola Tinubu-led Federal Government of running a ” ponzi economy” using fresh loans to service old ones .

 

The party, in a statement issued by Bolaji Abdullahi, its spokesperson, expressed shock that the All Progressive Congress APC-led Federal Government has moved to secure a fresh $1.25 billion World Bank loan, despite the already precarious debt situation  of the country.

 

According to the  ADC, Nigeria’s public debt has hit the alarming threshold of about N159.28 trillion, with inflationary gap hitting the rooftop.

 

The party equally raised concern that trillions of Naira which should have been channeled into the provisions of good roads, hospitals, electricity, and adequate security, are now being expended on debit servicing.

 

The ADC, also, described as even more worrisome the speed and scale of the borrowing, noting that the Tinubu administration since inception has secured multiple World Bank facilities and other loans running into several billions of dollars.

 

The party emphasized that these multiple loans have regrettably brought about an ugly and disturbing situation where the country, according to the Tinubu administration’s projection will be spending a whopping $11.6 billion in debt servicing in 2026 alone.

 

“The African Democratic Congress, ADC, is deeply alarmed by the Tinubu administration’s latest move to seek another fresh $1.25 World Bank loan, coming barely weeks after the National Assembly approved yet another round of external borrowing running into billions of dollars.

 

“At this point, Nigerians must ask a simple question: if this Government keeps borrowing trillions of naira every few months, why are Nigerians getting poorer, and why is life getting harder for the majority?

 

“Today, Nigeria’s total public debt has risen to about N159.28 trillion, yet food prices continue to rise daily, electricity tariffs are increasing, the Naira remains weak, businesses are shutting down, insecurity is spreading, and millions of young Nigerians remain unemployed.

 

“Families are cutting down meals, manufacturers are struggling to survive and small businesses are collapsing under the weight of inflation and poor economic conditions.

 

” This is why the ADC says the Tinubu administration is running a ponzi economy where new loans are constantly being taken to service old debts, and cover fiscal failures, while Nigerians are left to carry the burden.

 

“It is noteworthy that President Bola Tinubu himself has declared that Nigeria will spend about $11.6 billion, over N15 trillion on debt servicing alone in 2026.

 

” In simple terms, Trillions of Naira that should have been gone into roads, hospitals, schools, electricity, security, agriculture,and job creation will, instead, go into paying creditors and servicing old loans.

 

“The Government removed fuel subsidy, devalued the Naira, increased electricity tariffs, and imposed painful economic policies on citizens, promising that temporary sacrifice would lead to long-term recovery.

 

“Some of the loans are ostensibly obtained to cushion the impacts of these harsh policies. Instead, Nigerians have continued to suffer one of the worst cost-of-living crises in recent history, while the Government continues to pile on more debts” the ADC stated.

 

The party expressed disappointment that the National Assembly, in the midst of the reckless borrowings, has remained complicit, rubber- stamping the mounting debt profile.

 

The party warned that Nigeria cannot continue to mortgage the future of unborn generations simply to service the gluttonous appetite of the the present administration.

 

“At some point, somebody will pay for all these borrowings and, sadly, ordinary Nigerians are already paying through hunger, inflation, unemployment, business closures and a collapsing standard of living”, ADC added.

Gov. Makinde Announces Presidential Bid, Seals Alliance Between PDP, APM

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Seyi Makinde

By Ayodele Oni

Oyo State Governor, Seyi Makinde, has officially declared his intention to contest the 2027 Presidential election under the platform of the Allied Peoples Movement (APM).

He made the declaration on Thursday during a political rally held at Mapo Hall in Ibadan, the Oyo State capital, amid growing political realignments in the State, following internal divisions within the Peoples Democratic Party (PDP) ahead of the 2027 general elections.

“I, Oluseyi Abiodun Makinde, Excellency, announce my candidacy for the position of the President of the Federal Republic of Nigeria,” he stated.

Makinde, maintained that the time has come  to reset Nigeria.

The mega-rally also witnessed an alliance between the People’s Democratic Party, (PDP) and the Allied Peoples’ Movement, (APM).

The governor, who expressed worry over the dwindling fortunes of Nigerians, said it was time for the people to engage the system and not stand by as spectators.

He said: “Without a multi-party system, there is no democracy. Where is our multi-party? “Where do we go from here?

“We have been pushed to the wall. The calculated and self opposition cannot unite, but I am here to say that the opposition is the everyday Nigerian.

“This is the time for all us to ensure Nigeria works for us. This is the time to confront its fears. It is time to engage as citizens and not spectators.

“For the opposition political parties, this is the time to unite and work in unity and give our nation the much reset it needs.

“The time to reset Nigeria is now. Ibadan is the city of warriors. The first grand alliance is formed.

“The PDP and APM is formed. This handshake will allow us to field candidates from presidency to State Assembly.”

The Governor, who hinted that the PDP-APM alliance will field candidates from Presidency to State House of Assembly, said: “And so, I declare my candidacy for office of the president of Nigeria.”

LAHA: Alleged Plot To Stop Desmond Elliott’s Fourth Term Bid Intensifies

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Desmond Elliot
Hon. Desmond Elliot

By Akinwale Kasali 

 

As Hon. Desmond  Elliott continues his campaign and bid for a fourth term ticket to the Lagos State House of Assembly, representing Surulere 1 Constituency, he is allegedly having a face off with Femi Gbajabiamila, his mentor, and the Chief of Staff, CoS, to President Bola Tinubu.

 

This could mar his ambition, as speculations are rife that the former Speaker of the House of Representatives, already has a Candidate to replace him.

 

The situation has further intensified internal tensions in the All Progressives Congress, APC, fold in Surulere, with some Party stakeholders accusing the powerful blocs of undermining internal democracy through what they describe as a predetermined selection process.

 

Some members of the Party in Surulere are aggrieved, alleging that an arrangement is being designed to sideline the actor-turned-politician, Elliott, despite his legislative track record and backing from sections of grassroot supporters.

 

It was gathered that Gbajabiamila had an anointed female candidate that would be fielded to challenge Elliott at the Primaries.

 

Jnverified allegations from some members is that the Primary in Surulere Constituency 1 has already been skewed in favour of the female aspirant.

 

It was also alleged by the aggrieved members who are mostly Youths, that the Chairman of Surulere Local Government, Sharif Balogun, has declared support for the anointed Female Candidate and directed Ward Leaders and Party executives to mobilise in her favour.

 

One of the aggrieved members who craved anonymity insisted that his concern was fairness within the Party, warning against any form of imposition.

 

“Nobody should act like a god in Surulere politics. The misuse of power must stop. Party members should be allowed to freely choose their candidate,” he said.

 

He further alleged that some political appointees and loyalists were being pressured to support the preferred aspirant, and claimed that threats were being used against those who refuse.

 

“They are intimidating people, especially those holding offices, saying that if you don’t support this woman, your appointment may be taken away,” he alleged.

 

According to him, there is no genuine consensus arrangement in the Surulere APC, alleging instead that the party structure has been directed to work for the emergence of the Female aspirant.

 

The development has reignited debate over Elliott’s political future in the Lagos State House of Assembly where he is seeking a fourth term. 

 

While critics question his performance, supporters maintain that opposition to his re-election is driven more by internal politics than by his legislative record.

 

They argue that another term would strengthen his position within the Assembly and potentially qualify him for leadership roles.

 

The ongoing political crisis in the area has further revived broader discussions around godfatherism and political succession in Surulere politics, particularly the influence of Gbajabiamila.

 

Some members of the Party are of the opinion that if Gbajabiamila is allowed extended representation of the Constituency, it would be unjust to deny Elliott similar political continuity.

 

Recall that a group under the aegis of Surulere Accountability Forum, SAF,a Coalition of Stakeholders in Surulere,  had described Elliott’s time at the Lagos State House of Assembly as disappointing. 

 

Badmus Olanrewaju, spokesperson for the Coalition had said, “Surulere has paid the price for that decision for 11 years. The constituency was handed over to someone who was never part of our political structure and has consistently failed to justify the confidence reposed in him. We voted for Desmond Elliot because of pleas from Gbajabiamila in the past, now Gbajabiamila should know we cannot afford a fourth-term experiment in failure.

 

“What are his accomplishments as a member of the state House of Assembly representing Surulere? He only reaps the benefits of Speaker Femi Gbajabiamila’s outstanding work in Surulere”, the Group said.

 

He further stressed that If the APC truly wants to win elections in Surulere, it must stop the imposition of failure on our people.

 

“The rejection of Desmond Elliot is now broad and emphatic – from Bank Olemo to Olawale Dawodu to Iponri, Masha and several other communities, residents are united in saying: ‘enough is enough”.

 

The aggrieved Party members who want Elliott to be given another term quashed the statement by the Surulere Accountability Forum, alleging that they are being sponsored. 

 

Reacting to his rejection by the Surulere Accountability Forum, SAF, Elliott shared a video highlighting several initiatives tied to his work in Surulere Constituency I after questions arose about his effectiveness during his first three terms in the state assembly.

 

 “I know propaganda and negativity sell, but somehow the truth must be told my dedication to my wonderful people in Surulere has and will always be 100”, he wrote.

 

He has also publicly apologized to Gbajabiamila for anyway he angered him and pleaded foe firgiveness.

OPINION: Does it Matter to Africa if Nigel Farage Comes to Number 10?

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Azu Ishiekwene

By Azu Ishiekwene

 

The next British general election is in 2029, but you could already feel the tremor from the Council election of May 7. 

The surge of Nigel Farage’s Reform UK Party is the clearest warning sign yet that Prime Minister Keir Starmer is living on borrowed time. The Labour Party is divided, its influence weakened, and Starmer’s days in Number 10 are numbered. 

Yet it was only two years ago that Labour won a historic landslide victory after 14 years of a Conservative Party government consumed by Brexit turmoil, inflation, scandals, NHS pressures, and leadership chaos. 

Although some suggested at the time that Labour’s victory was more apparent than real, meaning, for example, that it won a large number of parliamentary seats but a smaller percentage of the votes, it didn’t matter. Labour had been reborn.

What happened?

What now? The rejection of the Conservative Party did not equal enthusiasm for Labour. Starmer’s Labour became what it was not to win, and Farage’s Reform exploited the void, targeting messages around immigration, national identity, elite distrust, economic frustration, and the anger at “London politics.” 

To make matters worse, those who voted for Brexit have quickly forgotten that Britain hasn’t finished paying the price.

Also, the two-party system is under severe strain, and working-class voters, once Labour’s bastion, are becoming more politically fluid. Apart from Reform, smaller parties such as the Greens and Liberal Democrats have also benefited from the voter insurgency, leading to growing calls for a change in leadership, especially within the ruling Labour Party, which has suffered the collapse of traditional Red Wall councils.

No dog in the fight

I have no dog in this fight. I’m concerned, however, that if Farage’s Reform benefits from the impending Labour chaos, Africa’s relations with Britain could be heading for a very long winter. 

Farage’s history suggests so. His former classmates and teachers alleged that as a teenager, he made racist remarks, used antisemitic language, praised Hitler and mocked immigrants and ethnic minorities. 

He has, of course, denied these charges, even though a 1981 letter from an English teacher reportedly urged his school headmaster to reconsider making Farage a prefect because of what she described as his alleged “racist and neo-fascist views.”

That’s not all. In April, the Reform UK home affairs spokesperson, Zia Yusuf, said that if the party came to power, it would stop issuing visas to citizens of countries seeking slavery reparations from Britain, specifically mentioning Nigeria, Ghana, Jamaica, Kenya and Barbados. 

The UN has described the slave trade as “the gravest crime against humanity,” and called for reparations as “a concrete step towards remedying historical wrongs.” I don’t personally believe in Reparations based on slavery, because apart from stoking grievance-based politics, as Thomas Sowell argued so well, “There’s no principle by which reparations can be confined to just one group.”

A Conservative view

I chatted to Bola Adediran, a Nigerian-born Conservative Party candidate who came fourth in the last council election in Bromley, London, won by a Reform candidate. He had this to say about Farage: “His politics taps directly into these sentiments – frustration, immigration, and the rise in identity politics – and moments. 

“What makes him effective is not simply his rhetoric, but his ability to position himself as the voice of the people who feel ignored by mainstream politics.”

Yet it would be an absolute disgrace for a racially bigoted twat to exploit voters’ misplaced economic and political grievances to advantage. 

Demagoguery is tempting under the current global system, where the immigrant is the new scapegoat. Still, many are hoping that where guardrails failed in the US, the institutional restraints in Britain will curb the rise of a demagogue on this side of the pond.

Farage all the way?

Is Farage’s journey to Number 10 inevitable? It does look precarious, but inevitable. Precarious because the electoral system in Britain works against smaller parties. As demonstrated by his previous records in UKIP and the Brexit Party, Reform could win a high vote share but low parliamentary representation. 

The party is big on headlines and the polls, but still relatively thin on structure and organisation. Other smaller parties that could work with it to form a coalition government can hardly risk Farage’s bombast or Reform’s lack of clarity on the vital issue of the economy.

Yet, I sense a certain delayed inevitability. Starmer is only kept in place by a thread of relatively weak potential immediate successors.

“Angela Rayner and Wes Streeting are the leading candidates,” Adediran told me, “but neither projects the kind of authority or broad confidence usually associated with a prime minister-in-waiting. Andy Burham may have posed a stronger alternative, but Starmer was astute enough not to encourage his return to Parliament earlier this year.” Who bells the cat?

How long, Starmer?

How long can Starmer hang on? He will not go quietly. If his scandalous appointment of Peter Mandelson as British ambassador to the US couldn’t force him to resign, perhaps only a leadership challenge will. And it’s only a matter of time before the uncoordinated, sultry calls for his resignation will coalesce into a formidable rebellion. Despite his sanctimony and confidence in a parliamentary majority that feels indebted to him, it’s improbable that Starmer will last the distance to 2029. 

Farage is in a subdued rehearsal. Of the lot outside, he looks likely to be the next elected prime minister, warts and all. In the end, every country gets the leadership it deserves. 

If British voters think that Farage’s demagoguery is the solution to their economic and political misery, especially the economic, they should ask US voters about life under President Donald Trump, who campaigned on “affordability” and blamed everything wrong with America on immigrants.

Restraint or not

I’ve heard that, unlike America, institutional restraints – British parliamentary democracy, the House of Lords, and the Judiciary, for example – will make it harder for a Trump-style leader to emerge in the UK. Democracies do not always fail through military coups. Sometimes they fail due to consent, fear, or elite manipulation. From Hungary to Venezuela and from Uganda to Russia and Germany, democracies have produced some of the worst dictators. 

For example, a milder and less odious variety, even from Britain, was a certain Tony Blair, who joined forces with a certain George W. Bush of America to invade Iraq under the blatant lie that they were going to save the world by removing weapons of mass destruction. Blair and Bush, products of democracy, lied to themselves, their countries, and the world, evading the detection of “institutional restraints.”

Under his sleeve

Life is hard, compounded by corrupt and incompetent governments in Africa. Immigrants who abuse the hospitality of their host communities only make it harder for themselves and others. They should face the law, as it should be. History has shown repeatedly that societies rarely resolve economic problems by turning foreigners into permanent scapegoats. 

Britain stands at a moment when frustration can either deepen democratic maturity or embolden grievance merchants. The choice the parties make before 2029 may not only shape Britain’s future, but also its moral relationship with Africa and the wider world.


Ishiekwene is the Editor-In-Chief of LEADERSHIP and author of the book, Writing for Media and Monetising It.

Failed Abduction In Ihiagwa: Imo  Police Command  Deploys VCRU

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Nigerian Police

CP Bosso orders manhunt for the miscreants responsible for the attack”

The Imo State Police Command has strengthened security deployment in Ihiagwa and adjoining communities in Owerri West LGA following a failed abduction attempt that occurred on the night of 13th May, 2026, along Umuokwo Ihiagwa/Eziobodo Road.

A statement from the Command’s Spokesperson, DSP Henry Okoye, said that: “Preliminary reports indicate that the assailants attempted to abduct a victim but were successfully resisted through the prompt intervention and collaborative efforts of Police operatives, local vigilante groups, and members of the community who mobilized swiftly and in large numbers, thereby frustrating the criminal operation.”

During the incident, the victim sustained a gunshot injury and was immediately rushed to a hospital where the victim is currently receiving medical attention.

Following the incident, the Commissioner of Police, Imo State Command, CP Audu Garba Bosso, has assured Imolites of their safety and ordered the deployment of the newly established Violent Crime Response Unit (VCRU), alongside other tactical and intelligence assets, to the area and its environs to enhance security visibility and ensure the swift arrest of the miscreants responsible for the attack.

The Command further assures residents that the situation is under control, while coordinated intelligence-driven operations are ongoing to track and apprehend all those involved in the attack and adequate security measures have been emplaced to forestall future occurrence.

Members of the public are urged to remain calm and remain vigilant, and report any suspicious persons or activities to the nearest police station or via 0803 477 3600 or 09116606669 for prompt action.

The Imo State Police Command remains committed to safeguarding lives and property and will continue to intensify proactive policing across the State.

Yobe 2027: Fmr. IGP Alkali-Baba Withdraws From Governorship Race

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Alkali Baba Ahmed
Alkali Baba Ahmed

By Akinwale Kasali 

 

Usman Alkali-Baba, a former Inspector General of Police, IGP, has finally withdrawn from the Yobe State Governorship Race.

 

The former Police Chief bowed to pressure following the endorsement of Baba Malam Wali as the All Progressives Congress, APC, Consensus Candidate for the 2027 Governorship Election in Yobe State.

 

Alkali Baba was part of 

a group of six APC aspirants that include Senator Ibrahim Bomai, Mustapha Maihaja, Bashir Machina, Usman Baba, Kashim Musa Tumsah and Lawan Kolo Geidam, opposed to the Party’s decision to make Wali the Party’s Consensus Candidate.

 

Earlier, Lawan Kolo Geidam had, also, withdrawn from the contest and declared support for the consensus arrangement adopted by the party leadership. 

His decision reduced the number of dissatisfied aspirants from six to five.

 

It, however, took the intervention of Vice President, Kashim Shettima, Yobe State Governor, Mai Mala Buni, Borno State Governor Babagana Umara Zulum, Party Elders and Political Stakeholders across the 17 Local Government areas of Yobe State, before the former Police Chief decided to let go.

 

Announcing his decision to let the Party’s decision take its cause, Alkali Baba said: “After wide consultations with Vice President Kashim Shettima, Yobe State Governor Mai Mala Buni, Borno State Governor Babagana Umara Zulum, party elders and political stakeholders across the 17 local government areas of Yobe State, I have decided to protect unity within the APC and maintain peace and stability in the state”.

 

 According to him, the decision was difficult but necessary for the progress of both the Party and Yobe State.

 

He appealed to his supporters to remain peaceful and continue backing the APC and whoever eventually emerges as the Party’s Governorship Candidate should be supported.

 

The remaining four aspirants who are opposed to the Party’s Consensus Candidate arrangement are Senator Ibrahim Bomai, Mustapha Maihaja, Bashir Machina and Kashim Musa Tumsah.

 

They said that a Primary must hold, stating that the final outcome of the Primary will be accepted.

Obi’s Promise Of One-term Presidency Cannot Be Trusted – Presidency

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Peter Obi
Mr Peter Obi

By Suleiman Anyalewechi 

 

Presidential spokesperson, Bayo Onanuga, on Thursday May 14, 2026, cast doubts over the possibility of Peter Obi honouring his one-term presidency pledge.

 

The Source reports that the former Labour Party, LP, presidential candidate in an interview with News Central on Thursday, reaffirmed his earlier promise to serve only one term if elected president in 2027.

 

According to the former Anambra State Governor, the pledge to serve one tenure is in deference to the unwritten power sharing formula between the Northern and Southern parts of the country.

 

With President Bola Tinubu already serving the first tenure  of the Southern two-term of eight years, Obi and his new political nest, the Nigeria Democratic Congress, NDC, have assured of respecting the power rotation arrangement.

 

In a viral clip of the News Central Interview, Obi who alongside the leader of the Kwankwasiyya Movement, Senator Rabiu Musa Kwankwaso, penultimate Sunday,  joined forces with the NDC, insisted that he will only serve one tenure, even if a gun is pointed to his head.

 

“Even with a gun to my head, I will not remain in office more than four years”, Obi stated.

 

But in a statement issued on his official site on Thursday, Onanuga  dismissed Obi’s pledge of one term, noting that the assurance is not in tandem with what he called” the inconsistent political history of the former LP Presidential flag bearer.

 

According to him, Obi’s promise is not a true reflection of his  unstable political allegiances.

 

” If you believe Peter Obi’s promise to serve only one term as President, you will believe anything.

 

“Peter Obi’s pledges have always been short-lived . He ultimately abandoned APGA for the PDP, and since then, he has drifted from one political platform to another – a political rolling stone.

 

“By his own words, Peter Obi has shown that his word cannot be trusted. His promises are as fleeting as his political allegiances”, the Presidential spokesperson added.

Baba-Ahmed Lied, Obi, Kwankwaso Never Made Any Demand From Him Or PRP – Kwankwasiyya Movement

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Hakeem Baba-Ahmed

By Suleiman Anyalewechi 

 

The Kwankwasiyya Movement  has described the claims made by the National Chairman of the Peoples Redemption Party, PRP, Dr Hakeem Baba-Ahmed, concerning the botched alignment talks with Peter Obi and Senator Rabiu Musa Kwankwaso, as a mere attention-seeking strategy.

 

The Source reports that  Baba-Ahmed, in a recent interview with the DITV Kaduna, had claimed that a proposed alignment between the PRP and the duo of Obi and Kwankwaso could not sail through owing to the conditionalities attached by the two former Presidential candidates.

 

According to the PRP National Chairman ,the two had demanded an automatic presidential ticket of the party as a necessary pre-condition to join.

 

“They came and said they wanted to join the PRP, but when we sat down and discussed with them, there were certain demands they made.

 

“They wanted an assurance that they will secure the party’s Presidential ticket without internal contest”, Baba-Ahmed stated .

 

Baba-Ahmed claimed that the PRP’s rejection of the demand, eventually led to the collapse of the alignment talks.

 

But responding to the claims, Dr Habibu Sale, the spokesperson for the Kwankwasiyya Movement, insisted that there were  no formal alignment talks known to the Movement between the PRP and the duo of Obi and Kwankwaso.

 

According to him, besides the informal contacts made by several parties trying to woo Obi and Kwankwaso as well as other opposition figures, there were no official alignment discussions between the PRP and the two leaders.

 

He emphasized that following the compelling need for an alternative platform in the face of the challenges and uncertainties surrounding the fate of the opposition camp, several parties, including the PRP, explored the possibilities of alignment with opposition figures.

 

But Sale maintained that there were no formal alignment meetings to discuss or put forward any demands.

 

“To us, there is no evidence that Peter Obi and Kwankwaso sat down and discussed moving into the PRP.

 

“We know that the PRP itself,  like the NDC, tried to reach out not only to Peter Obi and Kwankwaso, but to all coalition forces, especially during the period when the crisis in the ADC became apparent.

 

“There were no formal sittings that warranted any requests or conditions being put forward by my principal.”, he noted.

 

While dismissing Baba-Ahmed’s claims, the Kwankwasiyya Movement spokesperson emphasized that the PRP does not have the structural strength to warrant such demands from the opposition camp.

 

“At this point in time, the PRP is not a party that can boast of being formidable enough to warrant Kwankwaso and Obi making such demands”, Sale added.

Kwara Boosts Livestock Production

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AbdulRahman-AbdulRazaq
Governor Abdulraham AbdulRazaq.

By Ayodele Oni 

 

The Kwara State Government has projected to benefit from Nigeria’s rapidly expanding livestock economy projected to grow from an estimated $32 billion to over $70 billion in the coming years.

 

Commissioner for Livestock Development, Oloruntoyosi Thomas, disclosed this while delivering a keynote address at the 2026 Press Week of the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ), Kwara State Council.

 

Speaking on the theme, “Livestock Development in a Changing Economy: Innovation, Opportunities and the Role of Strategic Communication in National Growth,” Thomas described livestock as one of the most promising sectors capable of driving economic transformation, industrialization and job creation in Nigeria.

 

According to her, the administration of Governor AbdulRahman AbdulRazaq is deliberately moving beyond subsistence animal production into a fully commercialized and industrialized livestock economy through strategic investments and policy interventions.

 

She said the government’s goals include improving productivity, strengthening livestock value chains, encouraging private investment, reducing imports and positioning Nigeria competitively in the global livestock market.

 

Thomas explained that the state is leveraging projects such as the Livestock Productivity and Resilience Support Project (LPRES) and the Special Agro-Industrial Processing Zone (SAPZ) to drive commercialization.

 

She added that the SAPZ initiative would provide critical infrastructure such as roads, power, cold storage facilities, abattoirs, veterinary clinics, artificial insemination centres, cargo facilities and residential accommodation for investors and processors.

 

“This is not accidental. It reflects leadership, foresight and a clear understanding that the future of Nigeria’s economy lies in productive sectors capable of generating sustainable wealth and employment,” she said.

Olubadan, Oba Ladoja Affirms Effectiveness Of Traditional Medicine

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Oba Rashidi Adewolu Ladoja - Olubadan of Ibadanland
Oba Rashidi Adewolu Ladoja, Olubadan of Ibadanland

By Ayodele Oni 

 

The Olubadan of Ibadan, Oba Rasidi Ladoja, has affirmed that traditional medicine is effective and affordable to buy.

 

He has, therefore, pushed for the integration of traditional medicine with the modern (orthodox) medicine for the enhancement of virile healthcare delivery, before the exit of traditional medical practitioners.

 

His advice was contained in a statement issued and signed by his Chief Press Secretary, Olugbemiga Ayoade, shortly after a courtesy visit by the executive members of Pharmaceutical Society of Nigeria (PSN), Oyo State branch.

 

According to Oba Ladoja, the use of traditional medicine was not only effective, but also accessible and affordable.

 

“I believe in the efficacy of the traditional medicine, its accessibility and affordability,” Olubadan said.

 

Earlier in his speech, the chairman of PSN, Oyo State branch, Colonel Victor Segun Ajanaku (rtd.), said members were at the palace to pay congratulatory visit to Oba Ladoja on his ascension to the throne of his forefathers and to show the appreciation of members on many achievements recorded within the short period by the monarch.

 

According to the chairman, they were also at the palace to inform the monarch of the pharmacists’ storey building built in Ibadan “which is the first of its kind in Nigeria.”

 

He added that Olubadan was being formally invited to commission the building on 21st May, 2026.

 

Also, the pharmacists requested for the permission of Oba Ladoja to have a medical outreach at Olubadan palace, Oke-Aremo,  later in the year as was their practice annually.