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Tinubu’s son, Seyi uses watch Worth N346m in Nig where only 5% have over N500k in bank accounts –Sowore
By Kayode Sanni-Arewa
Sowore in a post on his X handle on Sunday said that while only about 5% of Nigerians have over N500,000 in their bank accounts, President Bola Tinubu’s son, Seyi is using a wristwatch worth N346 million.
Human rights activist and #RevolutionNow convener, Omoyele Sowore, has berated the Nigerian government over the report by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, that only 5% of Nigerians have more than N500,000 in their bank accounts.
Recall the minister in an interview with Channels TV stated that approximately only 5% of people in Nigeria have more than N500,000 in their bank accounts.
Edun added that the Nigerian government’s reforms were to rectify the economic imbalances that disproportionately favoured a small group of elites in the last eight years over the majority of citizens.
The minister further said that the aim of microeconomic reforms is to ensure that public revenue is directed into the government’s treasury.
According to him, the reforms are corrective measures to mop up the liquidity in the economy that was not tied to production or supply of goods and services, adding that these imbalances only benefit a few people in the economy.
Reacting to the minister’s report, Sowore in a post on his X handle on Sunday said that while only about 5% of Nigerians have over N500,000 in their bank accounts, President Bola Tinubu’s son, Seyi is using a wristwatch worth N346 million.
He said that ‘justice for all is not specific enough’ for Nigerians who are facing an astronomical rise in the cost of living and hardship in the country.
Quoting part of the finance minister’s statement, Sowore wrote, “‘Only 5% Of Nigerians Have Over ₦500,000 In Their Bank Accounts’” – Tinubu’s Finance Minister, Wale Edun. Meanwhile, Seyi Tinubu @STinubu’s watch is ₦346,000,000. ‘Justice for all just ain’t specific enough!”
In October 2023, SaharaReporters reported that some Nigerians had condemned the use of a jet in the presidential fleet by the President’s son, Seyi, to go on a private trip to Kano State to watch a polo tournament.
Polo is a ball game played on horseback, a traditional field sport and one of the world’s oldest known team sports, but is the exclusive reserve of the rich and members of the ruling class in Nigeria.
Seyi embarked on the trip along with his friends on a Sunday to watch a polo tournament in Kano and they were welcomed on arrival to the ancient city by the state government officials.
It was learnt that Seyi Tinubu was likely attending the finals of the 2023 NPA Kano International Polo Tournament scheduled to be held at the Usman Dantata Polo Ground in Kano.
Seyi Tinubu’s reckless private trip using taxpayers’ money amid hardship in Nigeria mirrored what happened in January 2020 when then-President Muhammadu Buhari’s daughter, Hanan, took a private photography trip to Bauchi State in a presidential jet.
Jaafar Jaafar, a Nigerian journalist from Kano State and the founder of Daily Nigerian, wrote on his X (formerly Twitter) handle, “Here’s Tinubu’s golden child, Seyi, traveling in a presidential jet to watch polo in Kano. But this trend did not start today.
“Buhari set the bad example when he allowed his daughter Hanan to travel in a presidential jet for a photo tour in Bauchi. Even if our laws are vague on this, one thing is clear. This is an offence to the moral code of leadership.”
Another user, @belloinuwa, who also spoke on the misuse of special forces units in the country said, “What about the misuse of a special forces unit as his bodyguards? See them in the pictures.
“The other day he went skateboarding in Abuja with them running by his side. This is just a continuation of the culture of impunity from the previous government, perhaps on an even grander scale this time
Another X user, @HGBashar wrote, “Buhari merely sought the title of ‘President’ without understanding or respecting the sanctity of the office.
“The audacity to let his daughter, Hanan, use a presidential jet for a mere photo tour in Bauchi was the beginning of this mockery. Now we see Tinubu’s protege, Seyi, hopping on the same jet for a polo match in Kano.
“It’s not just about the laws, it’s about ethics, morals, and respect for the position. Our leaders must do more than just occupy an office; they must uphold its dignity.”
Also, @EIderstateman said, “Gone are those days when public employees could confront political leaders without fear or favour and be reprimanded if they disregarded established processes, norms, and regulations. My Dad once sent a bill to Sir Ahmadu Bello for using an official plane for an unofficial trip.”
In November 2022, in the build-up to the 2023 presidential election, Seyi also attracted public outrage when he flew to Kano in a private jet to lead a rally in support of his father
News
BREAKING: Finally, Power Minister, Adelabu resigns from Tinubu’s cabinet
Finally, Minister of Power Adebayo Adelabu has resigned from President Bola Tinubu’s cabinet.
In a resignation letter dated April 22, 2026, and addressed to President Bola Tinubu, Adelabu said the decision would take effect from April 30, 2026, to allow for a smooth transition.
The letter, routed through the Office of the Secretary to the Government of the Federation, stated that he was stepping down with “a deep sense of honour and profound gratitude.”
He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”
Adelabu thanked the President for the opportunity to serve, describing his appointment as a privilege.
He said, “Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity.
It has been a rare honour to contribute to national development under your leadership and to play a role in advancing reforms in the power sector—one of the most critical foundations of Nigeria’s industrial growth and economic transformation.”
News
Reps Begin Review of Police Trust Fund Law, Tighten Timeline for Committee Work
By Gloria Ikibah
As part of efforts to strengthen the country’s security architecture, President Bola Tinubu, has sent a formal communication to the House of Representatives on seeking legislative approval for the repeal and re-enactment of the Nigerian Police Trust Fund (NPTF) Establishment Act, 2025.
The request which was transmitted to the House for consideration and passage on Wednesday at plenary, underscores the need to improve the management and administration of the fund, enhance police training, and provide modern equipment for the Nigeria Police Force.
According to the letter,, the proposed amendment is aimed at boosting the operational capacity, accountability, and sustainability of the Police Trust Fund in line with current security challenges.
The President urged lawmakers to give the bill expeditious consideration, as the said the reform will improve the welfare of police personnel and support skill development across the force.
In another development, the House Committee on Rules and Business has moved to tighten legislative discipline, directing all standing and ad hoc committees to submit reports on bills and motions within set timelines in line with House procedures.
Chairman of the committee, Rep. Francis Uwaive, reminded all committee chairmen to treat all assigned matters within 30 days, with the risk of losing such assignments after 60 days if no progress is made, except where a short extension is granted.
A firm deadline has also been set for all outstanding reports, with the end of April 2026 as the cut-off point, and non-compliance attracting automatic discharge.
Amid the formal proceedings, lawmakers briefly paused to celebrate two members marking their birthdays, acknowledging their contributions to public service and national development.
The mood later shifted as the House paid tribute to a former member of the Fifth Assembly, observing a minute’s silence in his honour following his passing after a prolonged illness.
He was remembered for his dedication and service to his constituents in Benue State, with colleagues noting that his death represents a significant loss to the legislature and the country.
News
Iran Seizes Two Ships attempting to cross Strait of Hormuz
Iran’s Revolutionary Guards said on Wednesday that their naval forces stopped two ships attempting to cross the Strait of Hormuz and directed them to the territorial waters of the Islamic Republic.
“The Islamic Revolutionary Guard Corps naval force this morning identified and stopped in the Strait of Hormuz two violating ships,” the Guards said in a statement.
“The two offending ships… were seized by the IRGC’s naval forces and directed to the Iranian coast.”
They identified one ship as “MSC-FRANCESCA”, which they said belonged “to the Zionist regime” in reference to Israel, and the other as “EPAMINONDAS”, which they said was “tampering with navigation systems and jeopardising maritime security.”
The Guards further warned against any action against the regulations imposed by the Islamic republic in the strait “as well as activities contrary to the safe passage” through the waterway.
Tehran has said vessels must seek permission to leave of enter the Gulf through Hormuz, through a route that in peacetime accounts for a fifth of the world’s oil and gas exports along with other vital commodities.
Source: AFP
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