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Mozambique inaugurates new president , Wednesday
Mozambique President-elect Daniel Chapo will be sworn into office Wednesday after weeks of deadly political unrest but the main opposition leader has vowed to “paralyse” the country with fresh protests against the fiercely disputed election result.
Venancio Mondlane had already called for a national strike in the days leading up to the inauguration and threatened on Tuesday to curtail the new government with daily demonstrations.
Mondlane, 50, who is popular with the youth, maintains the October 9 polls were rigged in favour of Chapo’s Frelimo party, which has governed the gas-rich African country since independence from Portugal in 1975.
“This regime does not want peace,” Mondlane said in an address on Facebook Tuesday, adding his communications team was met with bullets on the streets this week.
“We’ll protest every single day. If it means paralysing the country for the entire term, we will paralyse it for the entire term.”
Chapo, 48, called for stability on Monday, telling journalists at the national assembly “we can continue to work and together, united… to develop our country”.
International observers have said the election was marred by irregularities, while the EU mission condemned what it called the “unjustified alteration of election results”.
The swearing in ceremony was expected to be snubbed by foreign heads of state, a move “which sends a strong message”, Maputo-based political and security risk analyst Johann Smith told AFP.
Former colonial ruler Portugal is sending Foreign Minister Paulo Rangel.
“Even from a regional point of view there is a hesitancy to acknowledge or recognise that Chapo won the election,” Smith said, pointing out that neighbouring South Africa’s president would also not be attending.
The extent of the unrest from now on “depends on how Chapo will tackle the crisis”, analyst Borges Nhamirre told AFP.
The inauguration of parliamentary lawmakers Monday was held amid relative calm in the capital, Maputo.
The streets were deserted, with most shops closed either in protest against the ceremony or out of fear of violence, while military police surrounded the parliament building and police blocked main roads.
Still, at least six people were killed in the Inhambane and Zambezia regions north of the capital, according to local civil society group Plataforma Decide.
– Possible concessions –
Unrest since the election has claimed 300 lives, according to the group’s tally, with security forces accused of using excessive force against demonstrators. Police officers have also died, according to the authorities.
Chapo, who is expected to announce his new government this week, could make concessions by appointing opposition members to ministerial posts to quell the unrest, said Eric Morier-Genoud, an African history professor at Queen’s University Belfast.
There have also been calls for dialogue but Mondlane has been excluded from talks that Chapo and outgoing President Filipe Nyusi have opened with the leaders of the main political parties.
Chapo has repeatedly said however that he would include Mondlane in talks.
Mondlane, who returned to Mozambique last week after going into hiding abroad following the October 19 assassination of his lawyer, has said he was ready for talks.
“I’m here in the flesh to say that if you want to negotiate… I’m here,” he said.
According to official results, Chapo won 65 percent of the presidential vote, compared to 24 percent for Mondlane.
But the opposition leader claims that he won 53 percent and that Mozambique’s election institutions manipulated the results.
Frelimo parliamentarians also dominate the 250-seat national assembly with 171 seats compared to the Podemos party’s 43.
President Bola Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of ₦68.32 trillion.
He also signed the bill extending the implementation period for the 2025 budget from March 31, 2026, to June 30, 2026.
This was announced on Friday in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga.
The ₦68.32 trillion budget for this year earmarks ₦4.799 trillion for statutory transfers and ₦15.8 trillion for debt service.
It allocates ₦15.4 trillion to recurrent expenditure and ₦32.2 trillion to the Development Fund for Capital Expenditure.
“With capital expenditure accounting for about 50 per cent, the 2026 budget underscores the administration’s continued commitment to economic stability, national security, infrastructure development, and inclusive growth.
The allocations reflect a strategic balance between statutory obligations, debt servicing, recurrent expenditure, and capital investments critical to driving productivity and improving the quality of life for Nigerians,” the statement read in part.
The President also has assented to the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, which extends the implementation period of the capital component of the 2025 Appropriation Act from March 31, 2026, to June 30, 2026.
The extension, the statement revealed, would ensure the full and effective utilisation of appropriated funds, particularly for critical infrastructure and development projects that are at advanced stages of implementation across the country.
It will enable ministries, departments, and agencies (MDAs) to consolidate ongoing works, enhance project completion rates, and maximise value for public expenditure. With the 2026 Appropriation Act coming into force on April 1, the Federal Government will commence full implementation in line with the Renewed Hope Agenda,” it added.
Additionally, President Tinubu directed MDAs to ensure disciplined, transparent, and efficient utilisation of allocated resources, with a strong emphasis on value for money and timely project delivery.
He commended the National Assembly for its diligence, cooperation, and patriotism in expeditiously considering and passing the budget.
The President reaffirmed the importance of sustained collaboration between the executive and legislative arms of government in advancing national development objectives.
Tinubu also assured Nigerians of his administration’s resolve to deepen fiscal reforms, enhance revenue generation, and prioritise investments that will stimulate economic growth, create jobs, and strengthen social protection mechanisms.
The budget is also expected to be partly financed through external borrowing, following the approval of a foreign loan plan exceeding $21 billion to bridge the fiscal gap.
₦9.85trn Increase
The 2026 budget represents an increase of ₦9.85 trillion over the initial proposal of ₦58.47 trillion that Tinubu submitted to the National Assembly, and ₦13.33 trillion higher than the 2025 budget.
The President had while presenting the 2025 budget proposal before federal lawmakers in December 2025, pegged the capital expenditure at ₦26.08 trillion and the crude oil benchmark at US$64.85 per barrel.
He disclosed that the expected total revenue was ₦34.33 trillion; ₦15.52 trillion for debt servicing.
The proposal was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of ₦1,400 to the US Dollar for the 2026 fiscal year.
Amid the growing concerns over insecurity across the country, Tinubu said his administration would “invest in security with clear accountability for outcomes—because security spending must deliver security results”.
“We will take decisive steps to strengthen agricultural markets. Food security is national security.
“The 2026 budget prioritises input financing and mechanisation; irrigation and climate‑resilient agriculture; storage and processing; and agro‑value chains,” he told the National Assembly members.
Nigeria’s budgets in recent years have come under fire with experts critcising the poor implementation and release of funds for the execution of important national projects.
But the Tinubu administration said that the 2026 national budget was well-planned to solidify the gains of its reform agenda.
“Our ‘Budget of Consolidation, Renewed Resilience and Shared Prosperity’ is critical. It is a commitment to double down on what is working, to solidify gains, and to ensure that the shared prosperity we speak of becomes a lived reality for more Nigerians, faster,” Minister of Information and National Orientation, Mohammed Idris, said in a statement.
Popular sports broadcast journalist with Classic FM 97.3, Temisan Okomi, has died.
A journalist with News Central, Olawale Adigun, confirmed his death in a statement shared on X on Friday.
He wrote on X, “The worst way to go into the weekend is hearing about Temisan Okomi’s passing. I’m so gutted and, at the same time, terrified. This man meant so much to me.”
Recall that news of his death has since stirred reactions on X, with colleagues and fans expressing shock and grief.
The late journalist had worked with Lagos Television, HiTV, and other prominent media organizations in Nigeria.
His last post on X was on April 14, 2026, when he wrote, “The Champions League is hard, man.”
Ibrahim Abdulkarim, a political associate of ex-governor of Anambra State, Peter Obi, has claimed that the former governor of Kano State, Rabiu Kwankwaso, has agreed to deputize the Obi in the 2027 presidential race.
He spoke during an interview on Trust TV, said the Obidients and the Kwankwassiyya Movements are already aligning towards Obi/Kwankwaso ticket.
Asked if Obi and Kwankwaso had struck a deal, Abdulkarim said “yes, I can categorically tell you that they have agreed”.
We all know that. Both the Obidients and the Kwankwassiyya Movements are aware of the agreement”.
Recall that Kwankwaso recently decamped from the New Nigerian Peoples Party, NNPP to the African Democratic Congress, ADC.
His move stirred suspicion that the two political gladiators may have agreed to run for the 2027 presidency on a single ticket.
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