News
I nearly withdrew from 2023 presidential race -Tinubu
President Bola Tinubu has revealed that he nearly abandoned his 2023 presidential ambition following a moment of doubt during the election campaign.
“I almost dropped the idea of running for President,” Tinubu revealed on Saturday night at a special Iftar held in his honour at the Aso Rock Presidential Villa, Abuja, where he also thanked Nigerians for their overwhelming goodwill and prayers on his 73rd birthday.
Tinubu’s Special Adviser on Information and Strategy, Mr Bayo Onanuga, disclosed the excerpts of the President’s dpeech in a statement signed in the early hours of Sunday titled ‘President Tinubu appreciates Nigerians for birthday well wishes, reveals he nearly quit 2023 presidential race.’
Reflecting on the pressures he faced, the President recounted how a close relative visited him in the middle of the night and questioned his resolve.
“Those close to me know that the odds were against me. During the campaigns. One came to my living room around 3:30 a.m. and said he needed just N50,000 to buy foodstuff for our uncle.
“He told me, ‘The currency is gone because of you. People are jumping over bank counters because there is no cash. Our uncle, a wealthy man, doesn’t even have N10,000 in cash.
What are you running for?’
“I told him, ‘I am running for President, not for you and our uncle.’ I gave him the N50,000. As he walked out, he turned to me and said, ‘I don’t think you will make it.’ I replied, ‘I will make it.’”
Tinubu added, “I was amazed. At that moment, I almost dropped the idea of running for President. But thanks to Aminu Masari and all of you who encouraged me.
“When I came to Abuja, Masari told me, ‘I am the Chairman of the North West Group; don’t look back.
”In his address, the President recognised the difficulties encountered along the path to the presidency and reaffirmed his commitment to advancing Nigeria’s progress.
Tinubu also noted that he assumed office during a period of economic challenges and had to make swift decisions, including scrapping the fuel subsidy on his inauguration day.
“On the day of my inauguration, I had to decide on something not originally in my speech, and that was the fuel subsidy removal.
“The hallmark of a great leader is the ability to make the right decision at the right time. That was the day I declared that the subsidy was gone.
“The following day, I was hounded and thoroughly abused in the media. But I stood firm, knowing it was the right thing to do for our nation’s future,” said Tinubu.
Vice President Kashim Shettima lauded the President’s leadership style, saying his decisions have tackled issues that haunted previous administrations.
He said, “Thanks to his boldness, future presidents of Nigeria will not have to wrestle with the same ghosts that haunted past administrations, including fraud-ridden fuel subsidies, an unstable forex market, and the suppression of local government autonomy.
“These were the thorny issues that many before him sidestepped. But Asiwaju did not sidestep history; he came to rewrite it.
“And in rewriting it, Asiwaju has taken the bullets that many before him simply lacked the courage to face. But that is the thing about true leadership: it is not for those who seek comfort.
It is for those who understand that the path to national greatness is lined with difficult choices.
”Senate President Godswill Akpabio applauded the President’s “relentless passion for national development” and described him as the “most audacious president” in Nigeria’s history.
“If I were a governor under your administration, I would have been a ‘supernatural governor’ and not an uncommon governor,” he remarked, adding that under Tinubu’s watch, governors receive more allocation.
Deputy Speaker of the House of Representatives Benjamin Kalu also commended the President for supporting him politically in 2019, even though they were from different regions.
“Today, he is at the forefront because Nigeria needs him. In 2019, despite not being from his region, he supported me in my most difficult political moment.
Nigeria needs leaders who rise above tribal considerations, and he has demonstrated that,” said Kalu.
Meanwhile, Governor Hope Uzodinma of Imo State praised Tinubu’s “decisive leadership” amid national uncertainties, stating that only a leader with “deep conviction and love for the country” could take the necessary but often difficult steps.
The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijjani, who spoke on behalf of cabinet members, recounted his appointment under the President despite prior activism.
He added that a senior World Bank official had recently described Tinubu as “the best reformist leader in Africa today.
”One of the President’s childhood friends, Professor Shaffideen Amuwo, recalled their early years, attributing Tinubu’s rise to divine providence.
Amuwo said, “Our relationship did not just start in Chicago; we played soccer together as children. While I chose the library, my brother chose politics because he loved to speak.
“Today, Allah has shown His greatness by guiding him to lead Nigeria.
“The city of Chicago, founded by a Black man, has educated the man who now leads the most populous Black nation on earth. I pray that Allah continues to hold his hand and guide him as he works to save our country.
”For his 73rd birthday, Tinubu thanked guests and supporters who have stood by him through periods of doubt and adversity, reaffirming his resolve to steer Nigeria toward stability and growth.
Saturday night’s event was attended by the First Lady, Senator Oluremi Tinubu; Vice President Kashim Shettima and his wife, Nana; members of the Federal Executive Council; principal officers of the National Assembly; current and former governors; diplomats; business leaders; religious figures; and several of the President’s childhood friends.
The Imam of the National Mosque, Abuja, Dr. Abdulkadir Sholagberu, led prayers seeking divine guidance for the President and the nation.
News
President Tinubu Performing Umrah
The President is expected to return to Nigeria next week after completing the religious exercise.
Photo: President Tinubu I Makkah
President Bola Tinubu on Friday commenced performing Umrah at Makkah in Saudi Arabia, praying for the nation and for every Nigerian to live in peace and harmony.
Tinubu on Thursday evening arrived in Saudi Arabia, landing at the King Abdulaziz International Airport in Jeddah.
He was received by Nigeria’s ambassador to Saudi Arabia, Yakubu Gambo, and the Saudi head of royal protocol Ahmad bin Thafir.
Thursday’s trip marks the second time Tinubu has travelled to Makkah to perform Umrah since assuming office on May 29, 2023.
President Tinubu visited the holy city in November 2023, shortly after attending the Saudi-African Summit in Riyadh, where he also prayed for divine guidance in leading Nigeria.
The latest trip is part of a series of foreign engagements undertaken by Tinubu since becoming president. He has visited more than 30 countries in over 50 unique and recurring trips.
The President is expected to return to Nigeria next week after completing the religious exercise.
News
State police ready by December — Senate Leader
Highlighting the historic milestone, Bamidele explained that the 30 state approvals comfortably satisfy the two-thirds concurrency requirement mandated by Section 9(2) of the 1999 Constitution (as amended).
Senate Leader Opeyemi Bamidele has expressed conviction that the proposed state police will be ready on or before December 2026, given that 30 State Houses of Assembly have officially approved the State Police Constitution Alteration Bill, 2026.
Speaking on the Bill on Thursday, the Leader of the Senate declared that multi-tier policing in Nigeria has moved from a recurring political promise into an actionable constitutional reality.
Bamidele, who also serves as the Vice Chairman of the Senate Committee on the Review of the 1999 Constitution, made the disclosure while delivering a paper at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State.
He addressed participants of the Senior Executive Course (SEC) 48 on the topic, “Improving the Efficiency and Effectiveness of Governance through Proactive Lawmaking.”
Highlighting the historic milestone, Bamidele explained that the 30 state approvals comfortably satisfy the two-thirds concurrency requirement mandated by Section 9(2) of the 1999 Constitution (as amended).
News
Nigeria Debt Concerns Mount as Tinubu Seeks Fresh $20.5bn, €1bn Loans
President Bola Tinubu’s request for approval to borrow $20.52 billion and €1.045 billion has intensified debate over Nigeria’s rising debt burden and its long-term implications.

Nigeria’s external debt climbed from $43.16 billion in June 2023 to $54.52 billion in June 2026 — an increase of $11.36 billion, or 26.3%. Over the same period, total public debt rose from ₦87.38 trillion to ₦166.79 trillion, a jump of roughly 90.9%.
When the latest loan request is combined with previously approved but undrawn financing, potential external debt exposure could reach about $81.96 billion if all facilities are fully drawn and there is no overlap. Officials stress this remains an illustrative figure rather than current outstanding debt.
The government says the new borrowing will finance critical development projects. Critics, however, are demanding greater transparency. They want clear evidence of what earlier loans have delivered — completed roads, functional hospitals, power projects that have increased electricity supply, and measurable gains for businesses and households facing high living costs.
Questions are also being raised about the scale of new borrowing at a time when government revenues are reported to be rising, and amid concerns from lawmakers about inadequate capital releases to ministries under previous budgets.
Opposition voices and civil society groups are calling for the National Assembly to insist on full disclosure before approving further loans. They want a project-by-project register of external loans since May 2023, showing amounts borrowed and disbursed, loan terms, project locations, implementation status and independently verified results. They also seek a clear assessment of future debt-service obligations and the risks from exchange-rate movements.
Borrowing can support development when investments produce measurable returns and repayment remains sustainable. The central issue, observers say, is not only how much more debt Nigeria can carry, but what citizens receive in return.
The National Assembly is expected to subject the requests to rigorous scrutiny.
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