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Tinubu Declares End To Domestic Borrowing After Nigeria Hits Revenue Target Early

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President Bola Tinubu on Tuesday bragged that his administration has met its revenue target for the year, primarily from the non-oil sector.

The President also stated that the country is stabilized and the government no longer borrows money from domestic banks, adding that what the administration needs is to create jobs for the people.

Speaking when he hosted The Buhari Organization, TBO, made up of the defunct Congress for Progress Change, CPC, led by the former governor of Nasarawa State, Senator Umaru Tanks Al-Makura, who was on a solidarity visit to the seat of power, President Tinubu told his supporters not to allow anybody to threaten them over the 2027 elections.

He said that the economy is stabilized, and nobody trades a piece of paper for the exchange rate anymore.

President Tinubu said the visit brought back the memory of the beginning of the alliance of the legacy political parties when they sat down to fashion out the way to follow, adding, “We disagreed to agree. We even argued on a symbol. When I see people like you, my determination is to work harder.”

He said he was building on the legacies of the late President Muhammadu Buhari and promised to do more through hard work and thoughtful consideration.

He commended members of the defunct CPC, who were not given any political appointment but still remained with the APC, and promised to accommodate them with an ambassadorial position.

He said, “I couldn’t appoint everybody at once, and thank you for your patience. I still have some slots available for ambassadorial positions that many people are craving for.

“First of all, we are fixing the economy. Bringing hope to the people. That is what we are looking for. And that is who is here. Thank you for believing in me. The economy is stabilised; nobody is trading a piece of paper for an exchange rate anymore

“What we need now is building the ship, bedrooms for export and import to buy goods and create jobs for the people.

“There is a guarantee that I know, many of you have to suffer the initial abuse and the fear, where are we going? We know the direction we are heading, and we are moving upward.

“Those who may not know, now know, as I am standing before you, I can brag that Nigeria is no longer borrowing a dime from local banks.

“We have met our targets of revenue for the whole year, and we met it in August. I received it this morning. If non-oil revenue is doing well, then I have no fear of whatever Trump is doing on the other side.

“I have just signed up for a huge mechanization program that every region will have a mechanized center for agricultural mechanization and have trainees and all of that. I believe that is our path to food sovereignty and food security.

“If we remove hunger, we have defeated poverty. All I can promise you is where we started and where we are going. The path to Nigeria’s recovery, we are on it. Don’t let anybody threaten you with any uncertainty. We are confident that we will succeed. Part of what we inherited from Buhari was his honesty, transparency, and justice; that’s all.

“You won’t have anything less than that. You will have joy at the end of this journey and we will definitely put something together to build a Buhari House that house will be a house of joy and prosperity.”

Speaking earlier, the leader of the delegation and former governor of Nasarawa State, Senator Tanko Al-Makura, assured the President that the CPC bloc within the APC remained firmly behind his administration and would mobilise nationwide to ensure the party’s victory in the next election.

Al-Makura, speaking for the delegation, also assured Tinubu of unwavering loyalty: “We are with you in loyalty, in person, and in purpose.

While commending Tinubu for steering the country through challenging economic times and for sustaining peace and stability, the former Nasarawa state Governor also lauded the President for honouring the memory of their late leader and mentor, former President Muhammadu Buhari.

Recalling the CPC years preceding the historic merger that gave birth to the APC in 2013, Al-Makura described Tinubu and Buhari as two visionaries whose political partnership laid the foundation for justice, equity, and national renewal.

“Mr. President, you and President Muhammadu Buhari shared more than a political alliance; you shared a vision of a Nigeria built on justice, economic sovereignty, and good governance. Together, you conceptualised and built a platform that remains our pride and our cause,” Al-Makura said.

He pledged that the CPC family, comprising former governors, ministers, lawmakers, women leaders, and party executives, would work tirelessly to consolidate Tinubu’s reforms and sustain the APC legacy ahead of the 2027 elections.

Additionally, Speaker of the House of Representatives, Tajudeen Abbas, stated that the CPC bloc remains intact and is solidly behind the President.

“Indeed, today is the very first time that former members of the CPC have gathered in such large numbers to visit our President, to show support and appreciation for what he has been doing. I want to seize this opportunity, Mr. President, to assure you of the unconditional support of all former members of the CPC,” Abbas said.

Dismissing suggestions that the bloc was fragmented or estranged, the Speaker insisted that over 90 percent of CPC’s pioneer leaders remained active and loyal.

He also praised President Tinubu’s partnership with Buhari in 2010, which eventually paved the way for Buhari’s presidency.

Abbas further commended Tinubu for the unprecedented respect shown to Buhari during his passing, noting the state support accorded his family and the President’s personal involvement.

“CPC in every state will go back home and mobilise support for Asiwaju. That movement will cascade down to local government areas, wards, and units. Insha Allah, CPC members will be at the forefront of ensuring your re-election in 2027 so you can continue the good work you are doing,” Abbas assured.

The high-powered delegation included: Barr. Abdulraheem Adebayo Shittu, former Minister of Communications, Architect Waziri Bulama, former APC National Secretary, Prof. Haruna Hima, former House of Representatives member, Hon. Garba Datti Mohammed, former Deputy Minority Whip, House of Representatives, Ibrahim Baba, former CPC governorship candidate and Federal Commissioner, RMAFC,and Mary Ekere, former CPC governorship candidate.

Others were Okoi Obono-Obla, Secretary of CPC merger committee, Osita Okechukwu, Chris Bukuma, Adamawa politician and CPC stalwart, Farouk Adamu Aliyu, former governorship candidate, Comrade Richard, pioneer CPC National Organising Secretary, Raza Zakari, former CPC National Vice Chairman, Lucy Ibe, former CPC National Organising Committee member, Oyama, former Deputy National Secretary and APC merger negotiator, Ayuba Baba, former CPC protocol officer (2003-2015), Edwemba, CPC leader from Edo State, and Hon. Jawa, former House of Representatives member.

They were joined by other former commissioners, advisers, national officers, and women leaders of the Buhari Support Organisation, as well as ex-members of the CPC National Executive Council.

 

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Xenophobia: FG Weighs Evacuation Options As Anti-Migrant Groups Plan Nationwide Shutdown In SA

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The Nigerian Consulate in South Africa, in collaboration with the Nigerian Citizens Association in South Africa (NICASA), has offered a free repatriation flight for Nigerians wishing to return home permanently due to the worsening xenophobic attacks in May 2026.

This follows reports of at least two Nigerian fatalities and widespread property damage in cities like East London, Cape Town, and Durban

Amid rising unrest in South Africa, the Nigerian Consulate in the country, in collaboration with the Nigerian Citizens Association in South Africa, has offered a free repatriation flight to Nigerians willing to return home permanently.

The President of NICASA, Frank Onyekwelu, who spoke to Saturday PUNCH, acknowledged that the situation had forced many Nigerians to shut their shops and businesses.

According to him, there is currently no structured support system in place for affected Nigerians, but the consulate’s intervention is already providing an option for those who wish to leave.

Onyekwelu said many Nigerians were already indicating interest in returning home.

He said, “The Nigerian Consulate in conjunction with NICASA has offered a free repatriation flight to any Nigerian who wishes to leave South Africa permanently, and the process is ongoing as we have recorded many Nigerians signalling interest to return home.”

Meanwhile, Nigerians in South Africa have narrated their harrowing experiences.

They lamented that the recurring violence had continued to threaten their safety, livelihoods, and mental well-being.

Those who spoke to our correspondents said they had been forced to stay indoors, and were now living in constant fear amid targeted attacks on foreign nationals.

Violent anti-foreigner protests erupted in cities such as Pretoria, Johannesburg, Durban, East London, and parts of KwaZulu-Natal, resulting in harassment, looting, property damage, and injuries.

This has triggered fear and panic within the diaspora community, with the Nigerians in Diaspora Commission directing Nigerian business owners to temporarily shut down to minimise risks and avoid losses.

The protests, according to reports, are being driven by community groups, anti-immigration organisations, and social movements such as Operation Dudula, the March and March Movement, and similar local initiatives, often under the banner of tackling illegal immigration and unemployment.

The demonstrations are organised by groups accusing migrants of causing economic hardship and crime, with activists demanding the deportation of undocumented foreign nationals, particularly those from African countries such as Nigeria, Ghana, Zimbabwe, Mozambique, and Somalia.

 

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Nollywood Couple Lateef, Mo Bimpe Welcome Triplets Sons

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Nollywood actor Lateef Adedimeji and his wife, actress Adebimpe Oyebade, popularly known as Mo Bimpe have announced the arrival of their triplet sons.

Adedimeji made the announcement via his official Instagram page, sharing an emotional message in which he described the children as his world, responsibility, and legacy.

“I’ve been quiet… not absent. I was building, protecting, and embracing the greatest blessing of my life. God gave me more than I prayed for — a woman who became a mother of three, and three kings to call my own,” he wrote.

The actor, who closed the post with the Islamic expression of gratitude, “Alhamdulilah,” did not disclose the date of birth or the names of the children.

The announcement drew an outpouring of congratulations from fans and colleagues.

Fellow Nollywood actress, Mercy Aigbe wrote, “To God be the glory. Congratulations.”

OloyedeJuliana also wrote, “God is Good!!! God is Good!!!God is Good!!! Watching this again, I’m in tears, congratulations my fam, so happy for you two. Can’t believe
I’m an Auntie”

Also reacting, Omowumi Dada wrote, “Such GOODNEWS for the month of May. THANK YOU JESUSSSSSSSSSSSSS. Congratulations fam”

Adedimeji and Mo Bimpe, both prominent figures in the Yoruba film industry, had their wedding ceremony in 2021.

 

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Aluminum Company, Ancient Building Razed In Separate Oyo Fires

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A devastating fire has destroyed an aluminum company and a residential building in two separate incidents in Oyo State this week.

The aluminum company, located at Km 110, Iyaganku area of Ibadan was razed on Thursday while the fire incident at the residential building in Ogbomoso occurred on Wednesday.

Chairman, Oyo State Fire Service, Maroof Akinwande confirmed both incidents, saying his men have brought the situation under control.

“Upon arrival, a building used as an office with adjoining warehouse was engulfed by fire. The fire was caused by electrical sparks from an appliance plugged and unattended to and it ignited nearby combustibles, and set the building ablaze.

On the building in Ogbomoso, he said, “Upon arrival, it was discovered that the first room by the right of an ancient residential building was engulfed by fire”.

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