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TInubu admits taking tough decisions to enable Nigeria grow
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President Bola Tinubu on Friday defended his administration’s economic reforms, saying he took some decisions to sustain healthy growth for Nigeria.
He stated this at the State House in Abuja while receiving a special envoy from the Amir of the State of Qatar, Dr Mohammed bin Abdulaziz Al-Khulaifi.
Tinubu noted that ongoing reforms to streamline Nigeria’s tax system have made it easier for foreign investors to do business in the country.
“We are making efforts to reform our tax system. Going by the experiences of the past and the need to depart from old ways, our reforms have been hard.
“I made tough decisions so that we could grow. We are gradually seeing the light at the end of the tunnel,” the President was quoted as saying in a statement by his spokesman, Bayo Onanuga.
“You can’t find a better partner than Nigeria. I always follow the global issues and your efforts. You have to do more in Nigeria to help fight poverty in the humanitarian area.
“You have done well in developing a knowledge-based economy in Qatar, but what about Nigeria?”
The President said Nigeria’s partnership with Qatar could be improved by looking into food sovereignty and economic prosperity.
Tinubu indicated Nigeria’s readiness to build on the momentum generated by his state visit to Qatar in 2024, pledging to implement all bilateral agreements between the two countries.
He directed the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu; the Minister of Information and National Orientation, Mohammed Idris; and the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, to work together to ensure the timely execution of the agreements.
“To all the members of the delegation, I want to say a big thank you for coming to Nigeria. We are grateful to God for what we have experienced as partners in progress. I am also glad that the Amir of Qatar greatly remembers the issues discussed during my visit last year.
“Let me commend the brotherly relations between Qatar and Nigeria. The ambassador knows that I take Qatar very seriously. We are willing to go further in our bilateral relations,” he said.
According to Tinubu, the Qatari government has demonstrated maturity and foresight in working for global peace and deserves commendation.
“I am proud of your efforts to bring peace and stability to the world. I see your efforts in human development, peace, and prosperity. Like you, we are sandwiched between the challenge of terrorism and helping our neighbours. We are conscious of who our friends are and those helping us to ameliorate the problems,” he said.
Dr Al-Khulaifi, Qatar’s Minister of State for Foreign Affairs, conveyed Amir’s strong interest in expanding bilateral cooperation, announcing that a high-level Qatari business delegation would visit Nigeria in the coming weeks to explore opportunities in agriculture, food security, and other critical sectors.
He also conveyed the Amir’s desire to strengthen the strategic partnership with Nigeria, particularly in peace-building, agriculture, and petrochemicals. He expressed pride in the current level of relations and looked forward to expanding both government-to-government and people-to-people ties.
“We are proud of the level of relations we have reached with Nigeria. I am very impressed with our partnership with the country, which is not just government-to-government but also people-to-people.
“Our ambassador has been following up with the projects. We have much to do together in agriculture, food, and petrochemicals. We have some companies telling us that we should create a way for them to come into Nigeria,” he was quoted as saying.
Al-Khulaifi, whose responsibilities include mediating peace in Africa and the Middle East, added, “The message I have from His Highness, Amir of Qatar, is that he wants Nigeria to be a strategic partner in Africa,” he added.
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Primaries:”You’ve no right to declare winners, APC chairman tells state primary electotoral chairmen, insists only NWC can declare winners
The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has declared that no state chapter or electoral committee of the party has the authority to announce winners of the party’s ongoing primary elections, insisting that only the National Working Committee (NWC) can ratify and officially declare results.
Yilwatda made the clarification on Sunday night in an interview with a national tv station.
According to the APC chairman, all results from the primaries conducted across the country must be transmitted to the party’s national headquarters in Abuja, where the NWC will carry out final verification before any winner is officially recognized.
“The states cannot announce winners until the NWC gives its verdict,” he stated during the live interview, stressing that the party’s constitution and internal guidelines place the final authority for primary election declarations on the national leadership.
The directive effectively nullifies several results already announced by state chapters and local collation committees following the recently concluded primaries.
The development comes amid growing controversies trailing the APC primaries in some states, with allegations of irregularities and manipulation emerging from different camps.
News
Rep Ugochinyere Alleges Plot to Frame Him, Warns Against Move to Silence Opposition Parties
…accuse police unit of abducting constituents, as he appeal to IGP, PSC to intervene
By Gloria Ikibah
Member representing Ideato North and South Federal Constituency of Imo State in the House of Representatives, Ikenga Imo Ugochinyere, has accused some officers attached to the Tiger Base and Violent Crime Response Unit of the Imo State Police Command of abducting and torturing his constituents in what he described as an attempt to implicate him in criminal activities.
Speaking at a press conference in Abuja on Monday, the lawmaker alleged that some of the detained individuals were being forced to make statements linking him to terrorism, gun-running and murder.
He said: “Imo police are abducting my constituents and torturing them in a bid to frame me for frivolous criminal allegations, terrorism, gun-running and murder,” Ugochinyere alleged.
“They are creating fear and uncertainty in Imo State and attempting to intimidate opposition voices ahead of the elections.”
The federal lawmaker claimed that the activities of some officers attached to the controversial Tiger Base unit had turned the police structure into what he described as a tool for political persecution.
He appealed to the Inspector-General of Police and the Police Service Commission to intervene urgently and investigate the officers involved, particularly those allegedly linked to unlawful arrests, extortion and torture.
Ugochinyere also raised concerns over what he described as a coordinated attempt to deregister opposition political parties through the courts ahead of the 2027 elections.
He mentioned parties including the African Democratic Congress, Accord Party, Action Peoples Party and the Zenith Labour Party as groups allegedly targeted in the legal action.
According to him, the move was aimed at shrinking the political space and frustrating opposition candidates ahead of future elections.
“What kind of anarchy do you want this country to go through?” he asked.
“You cannot deregister political parties a few months to elections and expect Nigerians to fold their arms. You are playing with fire”, he added.
The lawmaker warned that any attempt to eliminate opposition parties through judicial means could create political instability and undermine democratic participation.
He, however, commended the Court of Appeal for suspending proceedings in the case seeking the deregistration of some political parties.
Ugochinyere praised the appellate court judges for granting a stay of proceedings against a Federal High Court ruling he claimed had raised serious constitutional concerns.
“The Constitution is clear. Once a party wins even one councillorship seat, deregistration does not arise,” he stated.
He cited Section 225A of the Nigerian Constitution, maintaining that parties which had secured elective positions could not legally be deregistered.
The lawmaker also urged the Independent National Electoral Commission not to challenge a recent Federal High Court judgment relating to aspects of the electoral timetable, warning that further legal disputes could heighten political tension ahead of the elections.
“The country cannot afford confusion at this critical moment.
“Appealing this judgment will create tension, uncertainty and doubts about the credibility of the elections,” he said.
In his closing remarks, Ugochinyere appealed to President Bola Ahmed Tinubu, the Chief Justice of Nigeria, security agencies and the National Judicial Council to protect democratic institutions and prevent what he described as attempts to weaken opposition politics through intimidation and exclusion.
“Democracy is about participation, not exclusion.
“You don’t claim to be popular while running around disqualifying opponents, deregistering parties and framing critics with criminal allegations”, he said.
News
SEDC Launches Venture Capital Drive to Unlock South-East Business Growth
By Gloria Ikibah
The South East Development Commission has commenced the grand finale of its inaugural South East Venture Capital Programme, marking a major step towards expanding access to investment funding for emerging businesses across the region.
The event, taking place at the International Conference Centre in Enugu, features 50 finalist ventures selected from more than 1,200 applications submitted by entrepreneurs from across the South-East and other parts of the country.
According to the Commission, the initiative forms part of a broader strategy aimed at creating sustainable investment structures for innovation-driven enterprises and strengthening the region’s economic competitiveness.
The finalists emerged after a rigorous selection process involving video pitch reviews, phased assessments and judging rounds. The businesses were grouped into two categories, the Accelerator Track for ventures with measurable market traction and the Incubation Track for early-stage startups with strong growth potential.
Ahead of the final presentations, participants underwent an intensive investment-readiness bootcamp in Enugu focused on business development, investor engagement and pitch refinement.
Speaking before the grand finale, the Managing Director and Chief Executive Officer of the Commission, Mark Okoye, described the programme as a strategic economic intervention rather than a routine competition.
“What is taking place here is not simply a startup pitch event. It is the deliberate construction of institutional capital infrastructure for the South East. For far too long, exceptional entrepreneurial talent in this region has operated without the kind of structured financial backing required to scale sustainably. The South East Venture Capital Program is our response to that gap, carefully designed to create long-term pathways for capital, innovation, and enterprise growth,” he said.
The 30 successful ventures selected from the finale will be unveiled during the inaugural investment ceremony scheduled for Tuesday, May 26, 2026. The selected businesses are expected to receive structured early-stage investment support under the South East Venture Capital Fund.
The Commission explained that the Fund was established to tackle one of the region’s longstanding economic challenges, limited access to institutional startup financing. It added that the investment framework is expected to attract up to $50 million in blended financing from public institutions, development finance partners, private investors and diaspora contributors over time.
Also speaking, the Executive Director of Finance at the Commission and Chairman of the South East Venture Capital Programme, Stanley Ohajuruka, said the initiative had already demonstrated the depth of entrepreneurial talent within the region.
“What this programme has demonstrated very clearly is the depth of entrepreneurial ambition that exists across the South East. The volume and quality of participation affirm that there is no shortage of high-potential ventures in the region. The challenge has always been creating credible structures through which promising ventures can access early support, build investor confidence, and progress toward scale. This initiative is an important first step in building that bridge between enterprise and capital,” he stated.
The programme aligns with the Federal Government’s economic agenda focused on enterprise development, innovation and job creation under the Renewed Hope initiative.
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