₦airaland Forum

oyeb15:
Life is just a dream we are living.



Rip to him.

The National Working Committee of the Peoples Democratic Party has reaffirmed its authority over the party, with National Chairman Tanimu Turaki (SAN) insisting that the Independent National Electoral Commission recognises the NWC backed by PDP governors as the authentic leadership of the party.

Speaking at the presentation of the Certificate of Return to the PDP Ekiti governorship candidate, Oluwole Oluyede, at the Yar’Adua Centre, Abuja, on Wednesday, Turaki said all major stakeholders of the party were with the NWC.

The event was attended by 30 PDP state chairmen, National Assembly members, NWC members, party leaders and supporters who travelled from Ekiti dressed in colourful Ankara attire.

Responding, Senator Samuel Anyanwu, National Secretary of the faction supported by the FCT Minister, Nyesom Wike, said the Abdulrahman Mohammed-led Caretaker Committee remained the legitimate leadership of the PDP.

In an exclusive interview with The PUNCH, Anyanwu accused Turaki of lying about INEC recognition, claiming that the commission had been duly notified of the party’s change of leadership.

Recall that PDP governors backed the Ibadan convention, where Turaki and other NWC members were elected on November 16 to serve four-year terms.

However, the FCT Minister, Nyesom Wike, alongside his allies Mohammed Abdulrahman and Senator Anyanwu, continued to insist that they remain the Acting National Chairman and Acting National Secretary, respectively.

tesseract:
It's like a curse for celebrities. If their children don't end up as junkies, they come out as gay. Smh

Anither563:
That's a very high percentage. It shows that President Tinubu is very magnanimous and believes more in national unity and reconciliation than holding grudges.

The Federal Government has projected total revenue of N50.74 trillion for 2026, alongside a targeted economic growth rate of 4.68 per cent, while its proposed 2026 deficit has risen so sharply that it now exceeds the entire national budget of 2022 by N2.78tn, The PUNCH reports.

This deficit likely means the government plans to borrow about 16.1 per cent more than what the entire country spent in 2022. The scale of the gap, combined with the high debt service bill, signals a more difficult fiscal year ahead.

Experts noted that Nigeria risks sliding into deeper fiscal stress if the government does not tighten its expenditure planning, boost efficiency and re-establish a credible budget calendar. They warned that rising deficits, unpredictable budget cycles and mounting debt obligations could undercut the fragile economic stability recorded in recent months and heighten pressure on households and businesses in 2026.

This comes after the Federal Executive Council approved the 2026 to 2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper on Wednesday. The Minister of Budget and Economic Planning, Atiku Bagudu, briefed State House correspondents after the meeting and confirmed that the document would be forwarded to the National Assembly on Monday.

Bagudu said the draft was built on a cautious oil price benchmark of 64.85 dollars per barrel and an exchange rate estimate of N1,512 to one dollar for 2026. He explained that the assumptions followed consultations with ministries, private sector operators, civil society groups and development partners.

He revealed that the government adopted dual crude production figures for the first time. The oil industry has been tasked to deliver 2.06 million barrels per day, while a more conservative benchmark production of 1.8 million barrels per day will guide the budget.

The difference provides a safety buffer of 12.6 per cent in case of output disruptions. Bagudu said the benchmark price of $64.85 was lower than what Nigeria usually earns for Bonny Light crude but insisted that caution was necessary

Politicstoday:
Adeleke is no where to be found here

Mrchippychappy:
Tinubu leave Sylva alone, go and face the northerners that were the masterminds behind the coup. See your trouble for front, no dey look back

Sirchiboy:
Very high IQ.
Overrall best graduating student of over 300 students.
My IQ has brought me pain and agony.
Fear of failure or trying new things

Wananonly:
You have written eloquently bro...

Now tell me..

Are you high or low on the IQ spectrum bro?

givedemwotowoto:
Ernest Shonekan announced the transfer of power to Abacha in 1993. We learned later that he was basically announcing his own coup.

I heard what GEJ said but I have reason to believe otherwise especially since he was stating an opinion (what he thought). Plus, the military also made a statement that they seized power.