News
JUST IN: NADECO Congratulates President Tinubu, on his confirmation as president of Nigeria by the supreme court
……calls on Tinubu to act on APC manifesto and El-Rufai panel recommendations
The National Democratic Coalition, NADECO has congratulated President Bola Ahmed Tinubu on his judicial victory confirmation by the Supreme Court of Nigeria in its October, 26, 2023 verdict on the election petition s filed by political opponents against his declared victory by the Independent National Electoral Commission, INEC after the February 2023 Presidential Election.
NADECO said though their preference was for the Nigerian State to first organize the necessary and desirable return to Federal Constitutional Governance upon which Nigeria secured her independence, they are gratified that the partisan politicians have locked horns, campaigned, contested, won and lost election and have exhausted all the legal remedies available for whatever redress they deemed fit in the circumstances of the elections.
According to NADECO, now is the time to deliver the much expected services in the socio-economic and political sphere through well thought out and rightly directed policies desirable to quickly alleviate the unacceptable level of suffering, poverty, economic misery and neglect to which Nigerians have been subjected by immediate past rulers and leaders, for many years now.
NADECO again restates for emphasis that while they strongly desire an immediate upliftment in the standard and quality of living of Nigerians, they expect much more than the necessary bread and butter economic gains.
Their statement reads: NADECO believes that the President Bola Tinubu Government must equally prioritize the process of implementing the APC manifesto particularly in Article 7, pages 3, 7, 29, 37:
”Under the aims and objectives of its article 7, the APC Constitution commits the party to firstly, promote and foster the unity, political stability and national consciousness of the people of Nigeria, and secondly, to promote true federalism in the Federal Republic of Nigeria”.
”In the foreword to its vision for a New Nigeria (page 3, second paragraph), the APC Manifesto commits the party to ‘implement efficient public financial management strategies and ensure true federalism” as well as “restructure governance in a way that kick starts our political economy so that we can begin to walk the path of our better future”. Also, in its manifesto (page 7), APC entered into an “Honest Contract” with Nigeria to create a federalism with “more equitable distribution of national revenue to the states and local governments because this is where grassroots democracy and economic development must be established.”
”In its Commitment to Restore Good Government (page 29, last paragraph), the APC Manifesto again stresses reliance on enhancing federalism through a two-pronged approach that consists of i) devolving control of policing and local prisons to the states and giving the right to nominate State Police Commissioners to Governors; and ii) Expanding the role of the Council of States to act as a consultation and negotiating forum between the Federal and State governments to agree on joint economic and social initiatives”.
”Finally, under its promised Reforms and “a Government You Can Trust” (page 37, last paragraph), the APC Manifesto pledges to “devolve more revenue and powers to the States and Local Governments so that decision making is closer to the people” and pledge to “bring the government closer to the people through political decentralization including local policing”.
”The El-Rufai Committee’s Report recommended for a start the following among others that the APC Government should take immediate steps to return Nigeria to Federal Constitutional Governance upon which the country secured her independence;
Devolution of powers to State
- Resource control
- Making Local Government Affairs an affair of the states
- Constitutional amendments to allow merger of States
- State Police
- State Court of Appeal
- Independent Candidacy
The above were the promises upon which people voted for APC in 2015. TIME IS OF ESSENCE because the necessity for a return to FEDERALISM is a critical existential matter that has overall bearing as to the continued co- mutual existence of the country.
NADECO also wishes to restate again that, the so called “NADECO USA” is a FRAUD, and a DECEPTION being promoted by elements that were not in any of our structure while NADECO operated globally. We have denounced this farcical group, reminding them that NADECO at its November 1999 properly convened meeting in Virginia, USA, presided over by its National Leader, Chief Anthony Enahoro, the organization announced that it was winding down its overseas operations. There had been no reversal of that decision.
NADECO recognizes the fundamental rights of Nigerians to hold personal opinion and to express them in persons or in groups. What is deeply objectionable is for elements who were not part of NADECO while it was losing its sweat, its blood, liberty, possession, and even martyred to suddenly start appropriating the good name and reputation earned through a lot of pain and sacrifice by NADECO for their transient pursuit of partisan objectives.
President Bola Tinubu as a Critical Stakeholder in the highest structure of NADECO, who expended his resources and network together with others while we were in the trenches should prove beyond reasonable doubts that he remains faithful and committed towards restoring Nigeria to the NEGOTIATED FEDERAL CONSTITUTION. No one needs to remind Mr. President that the current warped, skewed, and lopsided national structure must be reconfigured in order to give hope and sense of belonging to all Nigerians that they are equal joint stakeholder in the Nigerian Project.
NADECO wishes President Bola Tinubu divine guidance, robust health, necessary tact and discipline to deliver exemplary services to Nigerians during his tour of duty.
It said: ”THIS GOLDEN OPPORTUNITY MUST NOT BE LOST, AS THE BLACK RACE HAS WAITED FOR TOO LONG FOR NIGERIA AS THE MOST POPULOUS BLACK NATION TO PROVIDE LEADERSHIP FOR THE BLACK WORLD IN THE COMMITTEE OF NATIONS”.
News
Presidential Condolences to Chimamanda Over the loss of her son
President Tinubu said , “As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.”
President Bola Ahmed Tinubu has consoled with Ms Chimamanda Ngozi Adichie, her husband, Dr Ivara Esege, and the entire family on the passing of their son, Nkanu Nnamdi.
President Tinubu said , “As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.
I empathise with the family at this difficult time, and I mourn this sad loss with them.
Ms Adichie is a literary icon who has brought joy and light to many homes globally, and I pray she and her family find strength in the Almighty in this trying hour.My prayers are with the family.”
Business
President Tinubu Hails NGX for Crossing ₦100 Trillion Market Capitalisation Milestone
Urges Deeper Local Investments
President Bola Tinubu has commended corporate Nigeria, investors, and stakeholders in the capital market for propelling the Nigerian Exchange (NGX) beyond the historic ₦100 trillion market capitalisation threshold.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described the achievement as a “new economic reality and rejuvenation,” signalling strong investor confidence in Nigeria’s reforming economy.
“With the Nigerian Exchange crossing the historic N100 trillion mark, the country is witnessing the birth of a new economic reality,” President Tinubu said. He highlighted the NGX All-Share Index’s impressive 51.19% return in 2025 — outperforming the previous year’s 37.65% and ranking among the world’s top performers — even as many global markets faced stagnation.
The President noted year-to-date gains surpassing benchmarks like the S&P 500 and FTSE 100, positioning Nigeria as an attractive investment destination rather than a overlooked frontier market.
He praised resilient performances across sectors, from industrial giants localising supply chains to innovative banks, and anticipated further growth with upcoming listings in energy, tech, telecoms, and infrastructure.
President Tinubu linked the stock market’s success to broader reforms yielding macroeconomic stability. Inflation has declined for eight consecutive months, dropping from a peak of 34.8% in December 2024 to 14.45% in November 2025, with forecasts suggesting 12% in 2026 and potentially single digits by year-end.
Nigeria recorded a $16 billion current account surplus in 2024, projected to rise to $18.81 billion in 2026, driven by surging non-oil exports (up 48% to ₦9.2 trillion in Q3 2025) and manufacturing growth. Foreign reserves have exceeded $45 billion, with the naira stabilising and projections to surpass $50 billion in early 2026.
Infrastructure advances, including rail expansions, major highways like Lagos-Calabar and Sokoto-Badagry, and port revitalisation, were also highlighted, alongside improvements in healthcare, education loans via NELFUND, and research funding.
Urging Nigerians to invest more domestically, President Tinubu assured that “2026 will yield even greater returns” as reforms mature. He pledged continued efforts toward a transparent, egalitarian, high-growth economy, bolstered by tax and fiscal changes effective January 1, 2026.
“Nation-building is a process requiring hard work and focus. This ₦100 trillion milestone signals to the world that Nigeria’s economy is robust and productive,” he concluded.
News
JUST IN: Omi Eko Project Appoints Dr. Segun Alabi as Head of Communications and Media
The Omi Eko Project, a landmark €410 million sustainable water transport initiative aimed at easing road congestion and modernizing Lagos’ underutilized waterways, has named Dr. Segun Alabi as its new Head of Communications and Media.
The appointment was announced today, with Mr. Oluwadamilola Emmanuel, Special Adviser on Blue Economy to the Lagos State Governor and Project Coordinator, praising Dr. Alabi’s proven track record in corporate affairs and strategic communications.
“Dr. Alabi is a highly accomplished Corporate Affairs professional with diverse experience spanning Pay TV, financial services, real estate, business membership organisations, and the manufacturing sector,” Mr. Emmanuel stated.
In his new role, Dr. Alabi will oversee the development and implementation of communication strategies, media relations, and efforts to highlight the project’s goals of promoting efficient, eco-friendly urban mobility across the Lagos metropolis.
Most recently, Dr. Alabi served as Assistant Director of Corporate Affairs and Communications at the Manufacturers Association of Nigeria (MAN), where he managed corporate communications, public affairs, and events. His expertise extends to reputation management, government relations, corporate social responsibility, stakeholder engagement, public policy advocacy, and digital media strategies.
Described as a strategic communicator skilled in leveraging information for organizational impact, Dr. Alabi holds a PhD in English from the University of Lagos, specializing in Language Use and Communication.
Expressing enthusiasm for the role, Dr. Alabi said: “I am excited to join the Omi Eko Project team. This opportunity is truly a dream come true. While the task ahead is enormous, it is certainly achievable.
”Backed by the European Union, French Development Agency (AFD), European Investment Bank (EIB), and private partners, the Omi Eko Project seeks to establish organized ferry routes, deploy electric vessels, and upgrade terminals to shift more commuters to waterways, reducing traffic and emissions while boosting sustainability.
About the Omi Eko Project:
The Omi Eko Project is a €410 million initiative to revolutionize waterway transportation in Lagos, unlocking the state’s vast inland waterways for safer, greener, and more efficient public mobility. Supported by international partners under the EU’s Global Gateway strategy, it represents a pivotal advancement in environmentally responsible urban transport for Africa’s largest city.
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