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  Under Wike, FCT moves from ninth-lowest to second-highest indebted in Nigeria Under Wike, the FCT’s domestic debt surged from N88.51 billion to N389.88 billion, catapulting Abuja from Nigeria’s ninth-lowest debtor to its second-highest, amid gaps in publicly available financial records. The  Federal Capital Territory ’s domestic debt has risen more than fourfold since Nyesom Wike assumed office as minister of the FCT in August 2023, moving the territory from among Nigeria’s least indebted sub-national governments to the second-highest debtor, PREMIUM TIMES analysis of data from the  Debt Management Office  (DMO) has shown. When Mr Wike assumed office on 21 August 2023, the FCT’s domestic debt stood at N88.51 billion as of  30 September 2023 , according to DMO data. At the time, the FCT ranked 29th among the 36 states and the territory in domestic debt, meaning it was the ninth least indebted sub-national government in the country. By  March 2026 , however...

  People are really underrating China . Speaking at the Semafor World Economy Summit 2026, Africa's richest man, Aliko Dangote, argued that China's contribution to Africa's development is often overlooked. Dangote said China has become a key economic partner for the continent through financing, infrastructure development, and its ability to deliver projects and equipment at scale. To illustrate the point, he revealed that his company received 10,250 trucks from China in just seven months, describing it as an example of the country's industrial capacity and efficiency. While acknowledging concerns about government-to-government agreements and competitive bidding processes, Dangote said African countries should focus on securing quality infrastructure and partnerships that support long-term economic growth.

  OGUN BLEEDS: ₦783 Billion, 1,377 Projects By: Ogun Good Governance Forum (OGGF) Between 2024 and 2026, the federal budget appropriated 1,377 projects worth ₦783 billion for Ogun State across 48 MDAs. That figure is higher than what was allocated to Oyo, Kwara, Rivers and even Lagos, yet less than 100 of these projects can actually be verified on the ground. The rest are either marked ongoing with no visible work or exist only on paper. The pattern is even more troubling because the numbers jumped massively in just three years. From ₦32.18 billion in 2024, it rose to ₦379.05 billion in 2025 and ₦371.74 billion in 2026. OGGF says this shows federal resources are being deployed as an electoral tool ahead of 2027. On top of that, agencies outside their core mandate were given billions to execute projects in Ogun. Examples include a Delta hospital for ₦6.6 billion power and empowerment, a Plateau college for ₦3.5 billion solar and roads, an Ibadan college for ₦2.55 billion farm inputs...

  2027: Opposition parties begin talks on single candidate A coalition of opposition political parties and stakeholders under the G-100 platform is set to convene a summit in Abuja on August 18, 2026, as part of efforts to forge greater unity among Nigeria’s opposition parties ahead of the 2027 general elections. The summit follows a series of consultations between representatives of the G-100 and leaders of six opposition political parties, including the African Democratic Congress, Allied Peoples Movement, National Democratic Congress, Peoples Democratic Party, Peoples Redemption Party and Social Democratic Party. In a statement issued on Monday and signed by Salihu Lukman on behalf of G-100, the group said the consultations had created a basis for deeper discussions on how the opposition could work together to present a credible alternative to Nigerians in 2027. The statement, titled “G100: Consultations with opposition leaders set stage for unity summit,” said representatives o...

  THE TRUTH IS HURTFUL: WHY CARDINAL JOHN ONAIYEKAN’S VOICE AND THE CHURCH’S VISIT TO TINUBU.  MATTERS FOR NIGERIA   By Oriyomi Olufemi B.  The truth magazine   Nigeria is at a moment where silence costs more than speech. Hunger is deep. Insecurity is widespread. Trust in government is thin. And into that moment, Cardinal John Onaiyekan has spoken again: “The truth is hurtful.”   The statement has drawn both applause and attack. Some ask: Why is the Church speaking now?  Others point to the recent CBCN visit to President Bola Ahmed Tinubu and ask: Is the Church compromising?   To answer fairly, we must go back to the foundation, the precedent, and the present. Because when judged by its own history, the Cardinal — and by extension the Catholic Bishops’ Conference of Nigeria — is not deviating. He is being consistent.  The Catholic Bishops’ Conference of Nigeria was formally established on 15 March 1958, two full years before Nigeria raised h...

  Nigeria's value to the world extends far beyond its borders. Across medicine, technology, education, business, academia, and public service, Nigerians have made significant contributions to economies around the world. These achievements are a reminder that Nigeria is not merely a recipient of global opportunities-it is a source of talent, innovation, and leadership. Recognizing Nigeria as an asset means acknowledging the impact of its people and creating the conditions for that same excellence to thrive at home. When talent is supported, institutions are strengthened, and opportunities are expanded, the nation benefits alongside the world. Nigeria's greatest export has never been its natural resources alone. It is the ingenuity, resilience, and potential of its people.