Huhuonline.com has obtained the report of the Financial Reporting Council of Nigeria recommending the suspension of former Governor Central Bank of Nigeria Governor, Sanusi Lamido.
Issued on 7th June 2013, the report followed the council’s appraisal of the response of the ex-CBN governor to President Goodluck Jonathan’s query on the bank’s financial statement of 2012.
Sanusi had replied the president on 20th May 2013, but the council deemed the explanation “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN”.
It advised the president to exercise his powers based on Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act and “cause the governor and the deputy governors to cease from holding office in the CBN”, in order for it to conduct further independent investigations on CBN’s activities.
In a part of the report, CBN, under Sanusi’s watch, was accused of persistent refusal and/or negligence to comply with the Public Procurement Act in its procurement practices.
By virtue of Section 15 (1)(a) of the Public Procurement Act, the provisions of the Act are expected to comply to ‘all procurement of goods, works and services carried out by the Federal Government of Nigeria and all procurement entities.’ This definition clearly includes the Central Bank of Nigeria”, a part of the report read.
“It is however regrettable that the Central Bank of Nigeria, under his leadership, has refused and/or neglected to comply with the provisions of the Public Procurement Act (PPA). You will recall that one of the primary reasons for the enactment of the PPA was the need to promote transparency, competitiveness, cost of effectiveness and professionalism in the public sector procurement system.
“Available information indicates that the Central Bank has over the years engaged in procurement of goods, works and services worth billions of Naira each year without complying with the express provisions of the PPA.
“By deliberately refusing to be bound by the provisions of the Act, the CBN has not only decided to act in an unlawful manner, but has also persisted in promoting a governance regime characterised by financial recklessness, waste and impunity, as demonstrated by the contents of its 2012 Financial Statements”.
Another part cited unlawful expenditure by CBN on intervention projects across the country.
“The unacceptable level of financial recklessness displayed by the leadership of the Central Bank of Nigeria is typified by the execution of ‘Intervention Projects’ across the country. From available information, the bank has either executed or is currently executing about 63 such projects across the country and has committed over N163billion on them.
“It is inexcusable and patently unlawful for any agency of government to deploy huge sums of money as the CBN has done in this case, without appropriation and outside CBN’s statutory mandate. It is trite that the expenditure of public funds by any organ of government must be based on clear legal mandates, prudent costing and overriding national interest”.
There were also allegations of financial infractions and acts of financial recklessness, as reflected in CBN’s audited financial statements of 2012, while the bank was also accused of inability to prepare its financial statements in accordance with global best practice.
“In a most ironical manner, it has become obvious that the CBN is not able to prepare its financial statements using applicable International Financial Reporting Standards (IFFS) whereas Deposit Money Banks that the CBN is supervising have complied with this national requirement since 2012.
“Undoubtedly, this laxity on the part of our apex bank, apart from calling to question its capacity for proper corporate governance, is capable of sending wrong signals to both domestic and international investors on the state of the Nigerian economy.
“The provisions of the Memorandum of Understanding (MOU) signed by the CBN and other Deposit Money Banks on Banking Resolution Sinking Fund have been breached in a material manner. For example, a Board of Trustees (BOT) to manage the Fund has not been constituted since 2010 when it was established. The CBN has however continued to utilise the Fund for certain operations without approval of the said BOT.
“Contrary to Section 34 (b) of the CBN Act 2007 which provides that the CBN shall not, except as provided in Section 31 of the Act, inter alia, purchase the shares of any corporation of company, unless an entity set up by the approval or authority of the Federal Government, CBN in 2010, acquired 7% shares of International Islamic Management Corporation of Malaysia to the tune of N0.743 billion. This transaction was neither brought to Mr. President’s attention nor was a board approval obtained before it was entered into.
“The CBN has failed or refused to implement the provisions of the Personal Income Tax (Amendment) Act 2007. Accordingly the Pay-As-You-Earn (PAYE) deductions of its staff are still being computed in accordance with the defunct Personal Income Tax Act 2004, thus effectively assisting its staff to evade tax despite the generous wage package in the CBN, relative to other sectors of the economy.
“The CBN had an additional brought forward to General Reserve Fund of N16.031bn in 2012 but proceeded on a voyage of indefensible expenses in 2012 characterised by inexplicable increases in some heads of expenditure during the year. Examples include:
1. The bank spent N3.086bn on “promotional activities” in 2012 (up from N1.084bn in 2011). The bank spent this sum even when it is not in competition with any other institution in Nigeria;
2. The CBN claimed to have expended N20.202bn on ‘Legal and Professional Fees’ in 2011 beyond all reasonable standards of prudence and accountability;
3. Between expenses on ‘Private Guards’ and ‘Lunch for Policemen’, the CBN claimed to have spent N1.257 billion in 2012;
“While Section 6(3)(c) of the CBN Act 2007 provides that the board of the CBN is to make recommendations to Mr. President on the rate of renumeration to Auditors, the bank has consistently observed this provision in breach and even went to the extent of changing one of the Joint External Auditors without notifying the office of the President.
“In the explanations offered by the CBN pursuant to presidential directives, it offered a breakdown of ‘Currency Issue Expenses’ for 2011 and 2012. Interestingly, it claimed to have paid N38.233bn to the Nigerian Security Printing and Minting. Company Limited (NSPMC) in 2011 for ‘Printing of Banknotes.’ Paradoxically however, in the same 2011, NSPMC reported a total turnover of N29.370bn for all its transactions with all clients (including the CBN).
“It is significant to note that the external audit revealed balances of sundry foreign currencies without physical stock of foreign currencies in the CBN Head Office”.
The report further mentioned questionable write-off of N40bn loans of a bank, adding:
“The CBN also claimed that it paid Air Charter, such as payments to Emirate Airline (N0.511bn), Wing Airline (N0.425bn) and Associated Airline (N1.025bn) to distribute currency by air nationwide. Emirate Airline does not fly local charter in Nigeria, Wing Airline is not registered with Nigeria Civil Aviation Authority and Associated Airline does not have a billion turnover for 2011 because upon enquiry, the management claimed that they have no financial statements and have not had any significant operations for the past two years that will warrant preparation of financial statements”.
The bank was also accused of wastefulness for putting training and travel expenses at N9.24bn in 2012 (up from N7.65bn in 2011), expenses on ATM offsite policy change at N1.045bn, expenses on Non Interest Banking at N1.359bn in 2012 (up from N0.977bn in 2011), being very heavy on expenses on “Project Eagles” spending at N0.606bn in 2012 (up from N63m in 2011), expense on newspapers, books and periodicals (excluding CBN’s publications) at N1.678 billion in 2012 (up from N1.670bn in 2011), and the cost of facility management atN7.034bn in 2012 (up from N5.751bn in 2011).
Meanwhile, it has emerged that suspended Sanusi began getting into the bad books of President Goodluck Jonathan from as far back as January 2012, when, in an interview with the Financial Times, he delivered a scathing review of the government’s handling of the Boko Haram insurgence and linked the spate of violence in the North to uneven distribution of resources.
“There is clearly a direct link between the very uneven nature of distribution of resources and the rising level of violence”, Sanusi had told the London-based paper.
“When you look at the figures and look at the size of the population in the North, you can see that there is a structural imbalance of enormous proportions. Those states simply do not have enough money to meet basic needs while some states have too much money. The imbalance is so stark because the state still depends on oil for more than 80 per cent of its revenues”.
Clearly unimpressed by the comment and the analysis that the paper curled out from that interview, the president directed then National Security Adviser, late General Andrew Owoye Azazi to issue a query to the then CBN president.
Your recent statements in an interview with the Financial Times is the subject of this correspondence”, Azazi wrote to Sanusi in a query dated 2nd February 2012 and titled, ‘recent Interview With Financial Times’.
“In the interview, you were alleged to have made statements to the following effects:
“That, the uneven pattern of distribution of resources is directly linked to the rising level of violence in Nigeria.
“That, it is now necessary to focus funds on regenerating other regions of Nigeria, other than the Niger Delta.
“That, the additional federal funds allocation to the Niger Delta states has created ‘a structural imbalance of enormous proportions’, with some states not having enough money and others having too much.
“That, when the theft of oil by profiteers is considered, this imbalance between oil producing states in the South-South (or Niger Delta States) and states in the North is compounded.
“That, the supplemental distribution of funds to the oil producing states, on top of the standard federal allocations, which was effected to reduce inequity in resources in the first place, has now created new disparity in the state resource, fostered resentment in the poorest states, and encouraged the despicable terrorist activities of the Boko Haram sect.
“Your alleged assertions directly attribute the activities of the Boko Haram sect to the current formula for allocating funds from the federal account. Not only is there no empirical evidence to support such a statement, conventional wisdom in Nigeria refutes that assertion. Experts obviously have provided numerous explanations for the emergence of Boko Haram activities and the general consensus is that there are no silver bullets.
“Your statements to the Financial Times do not only have no basis in fact, but they are divisive, inflammatory, inciting and inappropriate of a senior Officer of the federal Government whose responsibility includes the national stability and state continuity. This statement has already caused a lot of angst among the populace and raised significant questions as to your intent and motives. These statements bring disrepute to the administration and current and past leadership of Nigeria. While I understand your right to free speech and some of the independence your office enjoys, I must also caution you that an officer of the government of Nigeria and one entrusted to promote state stability, your utterances through this interview are not in the interest of Nigeria’s national security.
“I encourage you to explore and peruse approaches that will ameliorate the problems that your statements have caused, including a retraction or clarifying statements, possibly through the same me”.
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INEC Removes 1.6m Invalid Voter Records, Fingers 54 Officials in Registration Scandal
The Independent National Electoral Commission (INEC) has removed 1,608,660 invalid voter registrations from Nigeria’s preliminary voters’ register following a nationwide verification exercise ahead of the 2027 general elections.
The commission also disclosed that 1,749 records belonging to deceased persons had been identified and removed, while 54 individuals across ten states were implicated in alleged violations of established voter registration procedures.
INEC Chairman, Prof. Joash Amupitan (SAN), announced the development on Monday during a briefing with journalists on the outcome of the review of the preliminary register generated from the 2025/2026 Continuous Voter Registration (CVR) exercise.
Amupitan said the commission received 11,088,238 registration records from the three phases of the exercise but subsequently uncovered millions of questionable entries during its verification process.
He explained that the commission’s Automated Biometric Identification System initially flagged 1,545,052 records for further investigation, stressing that the automated flagging did not automatically invalidate the registrations.
According to him, 1,277,052 registrations were confirmed invalid and excluded before the preliminary register was published.
The commission subsequently reviewed additional cases following complaints, claims and objections submitted by Nigerians during the seven-day public display of the register between October 9 and 15.
Amupitan said 268,000 cases were subjected to adjudication, resulting in 217,722 registrations being declared invalid and removed, while 50,278 were cleared and retained.
He added that further screening identified another 113,886 invalid registrations, bringing the additional removals to 331,608 and the overall number of invalid records removed to 1,608,660.
The chairman said the exercise also uncovered serious irregularities involving duplicate registrations, suspicious photographs, unusual names and entries belonging to deceased persons.
He disclosed that INEC’s technical assessment revealed deliberate attempts to circumvent established registration procedures, including the misuse of provisions designed for exceptional registration circumstances, particularly those relating to persons with disabilities.
“Fifty-four persons across ten states have been identified as complicit, and necessary disciplinary action will be taken against them, including possible prosecution,” he said.
Amupitan said the affected records had been identified and subjected to verification and remediation, while personnel allegedly connected with the infractions had been marked for further administrative investigation.
He, however, warned that the latest clean-up had not completely resolved the integrity concerns surrounding the national voters’ register, noting that several irregularities predated the latest registration exercise.
According to him, many of the complaints involving multiple registrations and suspicious photographs circulating on social media relate to historical records captured between 2011 and 2023.
He explained that the national register had evolved through successive registration and continuous voter registration exercises since 2011, with biometric and demographic information captured using different technologies, operational arrangements and quality standards.
Although the register had undergone previous cleansing and biometric comparisons, he said significant historical integrity concerns remained and required a systematic response.
The INEC chairman also clarified that the commission’s decision to postpone its proposed nationwide voter revalidation exercise until after the 2027 elections did not suspend its existing mechanisms for identifying and removing invalid registrations.
He said the commission had resolved to address outstanding duplications in the historical register, directing that records flagged through public complaints and obvious cases identified internally should be removed after proper verification.
The clean-up followed public outrage over alleged irregularities in the preliminary register, with some Nigerians and civil society organisations questioning the credibility of entries containing suspected artificial intelligence-generated photographs, duplicate identities and records of deceased persons.
Citing Section 19(2) of the Electoral Act, 2026, Amupitan said INEC was required to receive and consider objections, claims and complaints submitted by members of the public following the display of the preliminary register.
The commission is expected to publish the cleaned-up National Register of Voters in December ahead of the 2027 general elections.
News
Elumelu: Africa’s Next Growth Story Must Be Owned by Africans – and Women
Africa’s next economic transformation must be financed by Africans, driven by private enterprise and powered by women, Tony Elumelu, Chairman of Heirs Holdings, has declared.
Delivering the keynote address at the 25th Annual Conference of the Women in Management, Business and Public Service (WIMBIZ), Elumelu challenged African business leaders, investors and policymakers to move beyond conversations about the continent’s potential and take ownership of its economic future.
“The world needs what Africa has,” he told delegates, insisting that the continent’s greatest asset is not its oil, lithium, agricultural land or mineral wealth, but its people.
And women, he argued, represent one of Africa’s most underutilised economic assets.
Speaking on the conference theme, _“Rooted, Rising, Ready: Born in Africa, Built for the World,”_ Elumelu identified African capital formation, reliable electricity, industrialisation, regional trade and strong institutions as critical pillars for unlocking the continent’s economic opportunities.
He also delivered a pointed message to corporate leaders: Africa cannot compete globally while systematically underutilising half its talent.
Africa’s opportunity – and the ownership question
Elumelu described Africa’s demographic advantage, mineral resources and expanding consumer market as one of the greatest commercial opportunities of the century.
By 2050, the continent’s working-age population will have expanded significantly, positioning Africa as a major source of global labour, consumption and economic growth.
But he warned that natural resources and demographic advantages alone would not deliver prosperity.
Drawing comparisons with Singapore and South Korea, he argued that economic transformation comes from building institutions, developing human capital and converting resources into productive industries.
He identified three major constraints holding Africa back: inadequate electricity, limited domestic value addition and insufficient investment capital.
“Factories cannot run without electricity. Hospitals and schools cannot function without it. And the AI economy everyone is talking about has two basic ingredients: power and connectivity,” he said.
On industrialisation, he challenged African countries to stop exporting raw commodities and importing finished products.
“Why ship raw lithium, raw cocoa, raw crude out of this continent? Refine it. Process it. Brand it. Then sell it to the world.”
He said Africa must transition from being a supplier of raw materials to becoming an active participant in global value chains.
African capital must finance African businesses
A central message of Elumelu’s address was the urgent need to mobilise domestic savings and institutional investment to finance African enterprises.
He argued that aid, while historically important in supporting vulnerable populations, cannot substitute for investment capable of creating businesses, jobs and ownership.
“The future is investment and trade, not aid,” he declared.
He called on African pension funds, insurance companies, banks and family offices to increase their investment in businesses across the continent.
However, he stressed that capital formation requires a supportive business environment, consistent economic policies, trusted financial institutions and growing domestic savings.
“Africa will not just offer solutions, but finance those solutions,” he said.
Citing Heirs Holdings’ investment in Seplat Energy, the London- and Nigerian-listed energy company, Elumelu highlighted the potential of African investment to create value for African investors.
He noted that Seplat’s share price had risen from approximately £3 to £9 since his investment, with its market capitalisation reaching about $7 billion at the time of his address.
He also referenced Aliko Dangote’s efforts to mobilise African retail investors around the proposed Dangote Refinery public offering as evidence of growing domestic participation in major African businesses.
For Elumelu, the objective is clear: African capital must increasingly finance African ambition.
The $120m investment in African entrepreneurs
Making a strong case for inclusive economic growth, Elumelu presented the results of the Tony Elumelu Foundation, which he co-founded with his wife, Dr Awele Elumelu.
Over 15 years, the Foundation has deployed more than $120 million in seed capital to 24,633 entrepreneurs across all 54 African countries.
Women account for 48 per cent of beneficiaries.
According to Elumelu, these entrepreneurs have collectively created more than 1.5 million jobs and generated over $4.2 billion in revenue.
He emphasised that the Foundation's selection process is merit-based, with entrepreneurs assessed on the quality of their business proposals rather than gender quotas.
He highlighted three women whose businesses demonstrate the commercial impact of relatively modest seed investments.
Princess Adeyinka Tekenah received $5,000 in 2015 and built Happy Coffee, an integrated coffee business sourcing beans from women farmers in Taraba State. Her enterprise has created more than 1,000 jobs and is positioning itself as a potential publicly listed Nigerian coffee brand.
Olamide Ayeni-Babajide, another $5,000 beneficiary in 2016, built a recycling enterprise focused on converting tyre waste into commercial value. Her business has recorded more than twenty-fold revenue growth and trained 15,000 people, most of them women and girls.
Nkem Okocha used her $5,000 seed funding to build Mama Moni, a financial technology social enterprise providing access to finance for low-income female entrepreneurs in rural and urban communities.
For Elumelu, their achievements reinforce a fundamental economic argument: women are not merely beneficiaries of development; they are drivers of enterprise, employment and wealth creation.
He disclosed that 265,529 young Africans applied to the Foundation's entrepreneurship programme this year, but only 3,200 could be funded.
That means just one in every 83 applicants received support.
The scale of unmet demand, he argued, exposes Africa's real problem.
“It is not a shortage of entrepreneurial talent; it is a shortage of capital.”
Women must move from participation to ownership
Elumelu also challenged corporate Nigeria to accelerate women's representation in executive leadership and boardrooms.
Using his own business group as evidence, he highlighted the leadership roles occupied by women across Heirs Holdings and its portfolio companies.
His wife, Dr Awele Elumelu, co-founded Heirs Holdings and chairs several businesses, including Avon HMO, Avon Medical, Heirs Insurance Brokers, Transcorp Hotels and Heirs Energies.
He also cited Owen Omogiafo, whom he supported for appointment as President and Group Chief Executive of Transcorp Group in 2020, making her the first woman to lead the conglomerate.
Under her leadership, he said, Transcorp strengthened its presence in power, hospitality and energy.
Following her elevation, Uzo Oshogwe became Managing Director and Chief Executive of Transcorp Hotels, while Awele Elumelu serves as chairperson.
He further highlighted the leadership of Somachi Chris-Asoluka at the Tony Elumelu Foundation, alongside other female executives across the Heirs Holdings portfolio.
At UBA Group, he pointed to women leading subsidiaries and regional operations across several African markets.
His message to business leaders was direct: appointing women to leadership positions should be driven by competence and commercial performance, not public relations.
“Women’s economic leadership is not a concession to fairness. It is a requirement for competitiveness,” he said.
“No serious economy can afford to systematically underutilise half its talent.”
Intra-African trade: The next frontier
Beyond investment and women's economic participation, Elumelu identified regional integration as another critical driver of Africa's growth.
He lamented that moving goods from Lagos to Liverpool can be easier than moving them from Lagos to Luanda, reflecting the persistent infrastructure and regulatory barriers limiting intra-African commerce.
He called for greater investment in roads, railways, ports, payment systems and efficient customs procedures to make the African Continental Free Trade Area commercially meaningful.
African businesses, he argued, must begin to see the continent as their natural home market rather than remain confined by national boundaries.
He cited UBA's expansion into 20 African countries as evidence that cross-border African business is achievable.
“We cannot build a continental market merely by signing documents,” he said.
He called for African banks to finance regional expansion, manufacturers to develop cross-border supply chains and technology companies to build solutions that serve the entire continent.
Strong institutions, stronger economies
On governance and institutional development, Elumelu said investors consistently assess markets based on the reliability of contracts, predictability of regulation, effectiveness of the courts and availability of infrastructure.
“Capital goes where it is safe, and it stays where it is respected,” he said.
He urged African governments to focus less on international investment roadshows and more on creating the conditions that attract and retain capital.
But he also challenged the private sector to accept responsibility for building strong institutions.
Businesses, he said, cannot demand accountability from governments while tolerating poor governance within their own organisations.
Paying taxes, publishing accurate accounts, promoting employees on merit and maintaining effective corporate boards are all part of institution-building.
'Do not wait'
Concluding his address, Elumelu returned to the central message of the WIMBIZ conference: the geography of opportunity is changing, and Africans must take ownership of that transformation.
He urged women entrepreneurs and professionals to pursue leadership, deploy capital, build businesses and create opportunities for the next generation.
“No one but us will develop Africa. Not the donors. Not the multilaterals. Not the partners, however welcome they are. Us.”
Addressing younger women in the audience, he challenged them to see themselves as the next generation of corporate leaders and business owners.
He also called on WIMBIZ to make its next 25 years even more ambitious, arguing that while advocacy had helped women gain access to decision-making spaces, capital was now essential to moving them into positions of ownership and influence.
“Advocacy got women into the room. Capital will get them to the head of the table,” he said.
His closing message captured the central argument of his address:
“Born in Africa. Built for the world. The world needs what Africa has. And what Africa has, more than oil, more than lithium, more than land, is you.”
Editorial note: Before publication, I recommend verifying the Seplat share-price and market-cap figures, the Foundation's cumulative funding and impact statistics, the 2026 application figures, and the executive titles and production figures. These are material business claims and should be independently substantiated.
Business
In The Spotlight
2027: Is Tinubu Fit to Run? The APC's Evasive Response to Nigerians' Questions
When the health of a sitting president becomes a national political controversy, party propaganda cannot replace public confidence. Nigeria deserves more than political declarations, campaign theatrics and dancing on stage._
There are questions that politics cannot silence. There are concerns that party loyalty cannot bury. And there are national conversations that no amount of political gymnastics can make disappear.
One of them is now staring Nigeria in the face: **Is President Bola Ahmed Tinubu fit to seek another four years in Aso Rock in 2027?**
The question has become so politically uncomfortable that the All Progressives Congress (APC) appears determined to answer it before Nigerians even finish asking it.
Enter Professor Nentawe Yilwatda, the party's national chairman, with a categorical declaration that Tinubu is fit to go. His argument? The President is capable, and his appearance dancing at an APC rally in Akwa Ibom is apparently enough to silence those questioning his health.
But hold on!
Is Nigeria's presidency now a dancing competition? Has the threshold for presidential fitness been reduced to the ability to shake one's shoulders before an enthusiastic crowd? Is the capacity to dance at a political rally the new qualification for governing a country of over 200 million people?
If that is the APC's standard, Nigerians have every reason to be worried.
A dancing president is not necessarily a working president. A smiling president is not necessarily a healthy president. And a president who can mount a campaign stage must still demonstrate the capacity to discharge the enormous responsibilities of his office.
Let us not pretend that the question emerged from nowhere. Tinubu's health and physical capacity have been subjects of public discussion, particularly in the context of his foreign medical trips, public appearances and occasional absence from important political engagements. Such developments have generated questions, speculation and competing political narratives.
But rather than confront the issue with maturity, some voices within the ruling party seem more interested in dismissing the questioners than addressing the underlying concern.
That is a political mistake.
Nigeria is not a private estate belonging to the APC. The presidency is not a party trophy. And the health of the man occupying the highest political office in the country is not an inconsequential subject that can be brushed aside with a wave of the hand.
Of course, Tinubu is entitled to dignity, privacy and the presumption that he is capable of performing his duties. No responsible person should turn unverified rumours into established medical facts. But the public also has a legitimate interest in knowing whether its president can sustain the demands of the office.
There is a difference between invading someone's privacy and demanding accountability from someone entrusted with the destiny of a nation.
The APC chairman should understand that difference.
THE DANCE THAT RAISED MORE QUESTIONS
Yilwatda's reference to Tinubu dancing at the Akwa Ibom rally may have been intended to project confidence and political strength. But it also exposes the weakness of an argument that attempts to answer a serious question with a theatrical demonstration.
Dancing for a few minutes is not the same as presiding over marathon cabinet meetings, confronting national emergencies, managing complex international relations and making consequential decisions under enormous pressure.
The presidency is not a weekend recreational activity. It is a 24-hour national responsibility.
Nigeria needs more than occasional appearances. It needs sustained leadership.
And this is where the APC must stop playing politics with a subject that deserves seriousness.
If the President is fit, the party should have the confidence to address legitimate questions without turning every inquiry into an opposition conspiracy. If the President is capable of another term, Nigerians should be able to evaluate that claim through credible information and his record in office.
Political declarations cannot manufacture public confidence.
BUT IS THE APC RUNNING AWAY FROM THE BIGGER QUESTION?
Perhaps the more important issue is not simply whether Tinubu can contest in 2027. It is what Nigerians are being asked to endorse if he does.
What has the President achieved since May 2023? What has happened to the purchasing power of ordinary Nigerians? Have the economic reforms delivered the relief citizens were promised? Has insecurity been brought under control? Are millions of struggling families better off today?
These are not opposition talking points. They are questions arising from the everyday experiences of Nigerians.
For many households, the cost of living is not a political debate. It is a daily battle. For communities threatened by banditry, terrorism and kidnapping, security is not a campaign slogan. It is a matter of survival.
For unemployed young people, the future cannot be measured by the number of political rallies attended by the President.
The APC must therefore resist the temptation to turn 2027 into a referendum on Tinubu's ability to withstand political criticism. The real referendum should concern his performance, policies, leadership and the future he offers the country.
A second term is not an entitlement. It is a request for another mandate.
And no incumbent, however powerful, should expect Nigerians to surrender their right to question that request.
THE OPPOSITION MUST ALSO BE HONEST
Yet, the opposition should not celebrate this controversy as though raising questions about Tinubu's health automatically disqualifies him from seeking another term.
That would be equally irresponsible.
Political opponents must distinguish between documented facts and speculation. They must resist the temptation to weaponise personal health issues or exploit unverified claims for electoral advantage.
If there are credible concerns, they should be raised responsibly. If there is evidence, it should be presented. Nigeria's political discourse is already drowning in propaganda; it does not need another flood of conjecture.
The country deserves an honest debate, not a political wrestling match over the President's body.
2027 MUST BE ABOUT NIGERIA, NOT JUST TINUBU
There is something profoundly troubling about a political establishment that appears more preoccupied with defending its leader than explaining its record to the people.
The APC chairman can declare Tinubu fit to go. Party loyalists can sing his praises. Supporters can celebrate his dancing, his speeches and his political survival.
But none of these things answers the most fundamental question: What does another four years of Tinubu mean for Nigeria?
That is the question that should dominate the political conversation.
Nigerians must not be distracted by the theatre of political declarations. They must demand a serious account of the administration's performance, its failures, its achievements and its plans for the future.
The President, too, must recognise that public confidence is not secured by the volume of applause at party rallies. It is earned through transparency, performance and the ability to inspire confidence in the country's future.
The APC cannot turn a national question into a party chant. It cannot dance away public concerns. And it cannot expect Nigerians to confuse political loyalty with evidence.
So, is Tinubu fit to go in 2027?
Yilwatda says yes. The opposition has its doubts. Nigerians must assess the available facts without surrendering to propaganda or speculation.
But perhaps the most important question is this: Is Nigeria getting the leadership it deserves?
Because, at the end of the day, the country does not need a president who can merely dance through campaign rallies. It needs one who can confront its problems, shoulder its responsibilities and deliver a better future for its citizens.
Aso Rock is not a dance floor. The presidency is not a talent show. And the future of more than 200 million Nigerians is too important to be decided by political choreography.
In 2027, the real test must be leadership, not theatrics; performance, not propaganda; and accountability, not applause.
The APC should remember one thing: Nigerians are watching. And this time, they want answers, not another dance.
By Emmanuel Emeke Asiwe(EEA), Publisher/Editor-in-Chief
In The Spotlight
US election fallout: Democrats may impede; will they impeach?
For millions of Americans, life under President Donald Trump has become an arduous struggle against the relentless pressures of economic survival. Despite the great promises made by the American president at the advent of his second term cycle, from the cost of groceries to the price of gasoline, from hospital bills to housing payments, the American household is confronting a financial squeeze that political rhetoric cannot wish away.
For these Americans, economic prosperity is not measured by the bullish exuberance of Wall Street but by the ability to put food on the family table without breaking the bank. The ordinary citizen is less concerned about the thunderous declarations emanating from Washington than about the dwindling purchasing power of the dollar in his pocket. No one pays mortgages with presidential proclamations or settles hospital bills with partisan propaganda. Ordinary Americans cannot eat political promises on the dinner table. It was in anger and frustration that the people went to the polls last Tuesday to demand a change in the disturbing dynamics of government as Trump faced significant dissatisfaction over his handling of the economy, immigration, healthcare, foreign policy and presidential power. The midterm election was effectively a referendum on Trump’s second term as president. The American President became the central issue.
Many Americans believe their cost of living has not improved under his leadership. In his second coming as president, Trump had promised economic improvement, but many voters feel that the benefits have not reached their homes.
And then came the war with Iran. Many nations around the world largely agree that Iran must not have a nuclear weapon. But as millions of Americans grappled with the excruciating pressures of economic survival, the war with Iran became the isolating icing on an already crumbling economic cake. It was a military adventure that threatened to estrange America from its international partners while deepening disaffection among citizens at home. At a time when ordinary Americans were demanding economic succor, Washington appeared more preoccupied with flexing military muscles abroad than alleviating financial misery at home. Voters questioned the human, financial and strategic costs of the war with Iran. Others worry about continued military involvement abroad. Many believe that the war was not worth its cost.
Although border security remains popular, critics argue that Trump’s immigration enforcement has become excessively aggressive. Americans were increasingly repulsed by the implementation of Trump’s hardline immigration policies. Armed to the teeth and operating under the banner of national security, the sight of gun-toting immigration enforcement agents stirred outrage and apprehension across communities. They became symbols of fear as fatal encounters raised haunting questions about whose lives were being protected and whose were being imperiled. Reports of eerie encounters involving federal immigration personnel intensified public anger, raising disturbing questions about excessive force, constitutional protections, and the sanctity of human life. What was ostensibly designed to secure America’s borders became a troubling spectacle of fear, intimidation, and government overreach in the eyes of many critics.
Many Americans believe Trump has exercised presidential authority too aggressively and worry about democratic institutions, accountability and checks and balances. Trump’s frequent confrontational rhetoric and political approach were seen as divisive, and his leadership perceived as provoking national polarization and divisiveness.
On Tuesday, Democrats tore through the seemingly impregnable, ironclad strongholds of the Republican Party. From Maine to Mississippi, from Texas to Kansas, the electoral landscape trembled under the weight of an extraordinary inevitable political revolt. An unmistakable message was sent that affordability matters, putting food on the family table matters, keeping businesses afloat matters, and economic survival matters more than partisan grandstanding and presidential garrulousness. The election produced astonishing upsets, shattered longstanding political barriers, and rewrote chapters of American electoral history. In Georgia, Keisha Lance Bottoms became the first Black woman ever elected governor of an American state. In my backyard of Wisconsin, David Crowley made history as the state’s first Black governor. In the Republican bastion of Texas, Gina Hinojosa shattered another political glass ceiling, becoming the first Latina elected governor of the Lone Star State.
And the political earthquake did not stop there. In Texas, James Talarico demolished a Republican stranglehold on a US Senate seat that Democrats had not won in nearly four decades. The young Democrat garnered more than five million votes, delivering a stunning rebuke to a political establishment that had long considered Texas an impregnable Republican fortress.
These were not ordinary electoral victories. They were political thunderbolts reverberating across America’s political landscape and rattling the foundations of Republican dominance. Americans may tolerate political theatrics for a season, but when economic hardship begins to threaten their survival, even the strongest partisan loyalties can buckle under the weight of daring discontent and strangulating disenchantment.
The ballot box became the battleground where economic anguish overwhelmed political allegiance, and the once-impregnable Republican fortresses crumbled under the weight of metastatic malcontent.
Will Democrats use their newly acquired congressional power to impeach Trump, impede his agenda, or improve the lives of struggling Americans? Under the US Constitution, the House needs only a simple majority to impeach a president. The Senate requires a two-thirds majority of senators present to convict. Why would Democrats bother impeaching President Trump when they know they are unlikely to secure the 67 Senate votes necessary to convict and remove him? Why embark on an impeachment voyage when the destination is already known? If the Senate cannot muster the votes to convict, is impeachment a constitutional necessity, a political spectacle, or merely an exercise in legislative futility? Perhaps the opposition would accomplish more by checking presidential excesses than by chasing an impeachment conviction it cannot secure. Democrats must decide whether their priority is to punish Trump’s alleged misconduct through constitutional proceedings or to constrain his policies through congressional oversight and legislative power. The power of the purse is one of Congress’s most formidable weapons. Under Article I, Section 9 of the Constitution, federal money generally cannot be withdrawn from the Treasury without appropriations authorised by law. A Democratic-controlled House could refuse to approve funding for certain Trump administration initiatives, demand spending restrictions, or negotiate changes to federal programs. Democrats could refuse to pass Trump’s proposed legislation on taxation, immigration, energy, healthcare, and other domestic policies.
A president can win the White House and still lose the legislative cooperation necessary to implement his agenda. A Democratic House could investigate alleged misconduct, conflicts of interest, misuse of public funds, or questionable administrative decisions. Such investigations could expose problems, generate public pressure, and force the administration to defend its actions. Congressional Oversight does not require impeachment. Committees could examine the activities of federal agencies, investigate implementation of executive orders, and question cabinet officials about their policies. Will democrats choose only to impede Trump’s agenda but not impeach the president? We keep our fingers crossed.
By Fola Ojo