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Peter Obi Raises Alarm Over Nigeria’s Growing Debt Crisis

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Former Anambra State Governor and 2023 presidential candidate, Peter Obi , has once again voiced deep concern over Nigeria’s mounting national debt, warning that the country is edging dangerously toward a financial cliff . Obi, known for his consistent advocacy for transparency and fiscal responsibility, criticized the recent approval of massive foreign loans by the National Assembly—reportedly amounting to over $21 billion , €2.2 billion , and ¥15 billion . He emphasized that the current debt trend under the Tinubu administration is unsustainable and could leave future generations burdened with unpayable obligations. According to Obi, Nigeria’s debt has ballooned from ₦12.6 trillion in 2015 to a staggering ₦149 trillion in 2025 , a growth rate he described as "disturbing and reckless." He questioned the country’s borrowing culture, especially when there is little to show in terms of infrastructure, job creation, or improved living standards. “The government must stop li...

🚨 Amaechi Dumps APC, Joins Opposition Coalition: “APC Has Brought Pain and Failure to Nigerians”

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In a political move that has sent shockwaves through Nigeria’s ruling party, former Minister of Transportation, Rotimi Amaechi , has officially resigned from the All Progressives Congress (APC) and declared his alliance with the opposition African Democratic Congress (ADC) . The former Rivers State governor, known for his pivotal role in bringing APC to power in 2015, submitted his resignation on July 1, 2025 , citing that the party has failed Nigerians and is no longer aligned with his values. In his scathing resignation letter addressed to his local ward chairman, Amaechi described the APC as a party of “ failure, pain, and anguish .” “Nigeria is completely destroyed. People can’t eat. There is no money to buy food. Inflation is at its peak,” Amaechi lamented, pointing fingers at the leadership of President Bola Tinubu for worsening the nation’s socio-economic crisis. The announcement came during the unveiling of ADC’s new interim executive committee in Abuja, where Amaechi, ...

Federal High Court Upholds Nigerians’ Right to Peaceful Protest

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In a landmark ruling that has been hailed as a victory for civil liberties, the Federal High Court sitting in Kano has declared the arrest and detention of six Nigerian youths as illegal and unconstitutional , reaffirming the right of all citizens to engage in peaceful protest . The case stemmed from a protest organized under the banner of #EndBadGovernance , where six young Nigerians were arrested while demonstrating peacefully against poor governance, corruption, and insecurity in the country. Their detention drew widespread criticism from civil society groups and human rights advocates who condemned the Nigerian police for using excessive force to suppress free expression. Justice Simon Amobeda, who presided over the matter, ruled that the actions of the police violated the 1999 Constitution of the Federal Republic of Nigeria , which guarantees every citizen the right to freedom of expression and peaceful assembly . He further stated that no Nigerian should be criminalized or har...

UN to Suspend Food Aid in Northeast Nigeria Amid Severe Funding Shortage

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The United Nations World Food Programme (WFP) has announced its decision to suspend emergency food and nutrition support to over 1.3 million people in northeastern Nigeria by the end of July 2025 due to a dire funding crisis. This decision, which comes at a critical time, threatens to deepen the ongoing hunger emergency in the region. According to WFP, a staggering 31.8 million Nigerians across the country are projected to face acute food insecurity by August. The states of Borno, Yobe, and Adamawa —already devastated by over a decade of Boko Haram insurgency—remain the hardest hit. Many residents in these areas rely solely on international humanitarian aid to survive, particularly internally displaced persons (IDPs), children, and pregnant women. David Stevenson, the WFP Representative and Country Director in Nigeria, described the situation as heartbreaking. He said the agency urgently needs $154 million to sustain operations and continue providing food and nutrition assistance...

💔 Davido Pays Emotional Tribute to Late Son Ifeanyi on Instagram

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Nigerian music superstar, David Adeleke , popularly known as Davido , recently moved fans to tears with a deeply emotional post on Instagram, remembering his late son Ifeanyi Adeleke , who tragically passed away in 2022. In the touching tribute, Davido described Ifeanyi as a "legend" and shared a heartfelt message that reflected both pain and enduring love. He wrote, "There’s no pain deeper than losing a child. You’ll forever be in my heart, Ify. I love you, my son, my angel." The post was accompanied by a photo of little Ifeanyi, smiling innocently — a powerful reminder of the young life lost far too soon. The tribute marked what would have been Ifeanyi's fourth birthday. Thousands of fans, celebrities, and followers flooded the comments with messages of sympathy, prayers, and encouragement. Fellow entertainers like Tiwa Savage , Patoranking , and Kizz Daniel also showed their support with emotional replies and emojis of heartbreak and doves. This isn...

NYSC Funding Update: Corps Members Begin Receiving ₦77,000 Allowance Amid Delays

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The National Youth Service Corps (NYSC) has finally commenced the payment of the newly approved ₦77,000 monthly allowance to serving corps members across Nigeria, following months of delay and uncertainty. The new allowance, which aligns with the national minimum wage increase approved in July 2024, replaces the previous ₦33,000 stipend that had been in place for several years. However, many corps members were left frustrated as the implementation of the ₦77,000 payment was delayed due to lack of “cash backing.” According to NYSC officials, although the increment had received government approval, the delay was primarily caused by funding gaps and bureaucratic processes within the federal system. In March 2025, some corps members across states like Lagos and Akwa Ibom confirmed receipt of the updated allowance, with reports of payment alerts hitting their accounts. NYSC’s spokesperson explained that the management had been working closely with relevant authorities to ensure the new s...

EFCC Arrests Madonna University Deputy Vice-Chancellor Over Alleged ₦4 Billion Fraud

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In a developing corruption scandal shaking the academic and financial sectors, the Economic and Financial Crimes Commission (EFCC) has arrested Prof. Martin Anagboso , the Deputy Vice-Chancellor of Madonna University , over allegations of financial fraud, forgery, and corporate misconduct. According to reports, the arrest took place at the Abuja International Airport , following a petition by a human rights lawyer, Barrister Olu Omotayo , to the DSS and EFCC. The petition alleges that Prof. Anagboso, alongside Annete Ezekwem and others, orchestrated the illegal alteration of company records at the Corporate Affairs Commission (CAC) . The changes reportedly involved shareholding structures of Mayfresh Mortgage Bank Limited , where a controversial loan totaling over ₦4 billion is at the center of dispute. The case, which began drawing public attention in late 2024, took a serious turn after new documents surfaced showing how share records were allegedly forged to edge out legitimat...

Nigeria Now Importing More Oil from the U.S. Than It Exports — A Historic Shift in Global Oil Trade

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In a surprising twist that has caught the attention of global energy analysts, the United States has, for the first time in history, become a net exporter of crude oil to Nigeria . This means that in the early part of 2025—particularly between February and March—the U.S. sold more crude oil to Nigeria than it purchased from Africa's largest oil producer. According to data released by the U.S. Energy Information Administration (EIA), this development marks a significant turning point in the oil trade relationship between both nations and underscores deep-rooted challenges in Nigeria’s oil and refining sectors. 🛢️ Why Is Nigeria Importing Crude? Despite being one of the world’s top crude oil producers, Nigeria is heavily reliant on fuel imports due to inadequate refining capacity at home. While the launch of the massive Dangote Refinery brought hope to millions, the facility has yet to operate at full capacity. This delay has forced Nigeria to keep importing petroleum products, ...

Title: Looming Nationwide Doctors' Strike: Nigeria’s Health Sector on Edge

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As the 21-day ultimatum issued by the Nigerian Medical Association (NMA) expires today, July 23, 2025, the country faces the real possibility of a nationwide doctors’ strike beginning tomorrow, Thursday, July 24. This impending industrial action threatens to disrupt healthcare services across Nigeria, leaving patients and hospitals in a critical situation. At the heart of the conflict is a controversial circular released by the National Salaries, Incomes and Wages Commission (NSIWC) on June 27. The circular, which revises allowances under the Consolidated Medical Salary Structure (CONMESS), has been widely rejected by the NMA, who claim it undermines previously agreed salary structures and fails to reflect current economic realities. In response, the association issued a firm ultimatum on July 2, demanding the federal government withdraw the circular and address outstanding financial and welfare issues. With the deadline now at hand, government officials have scrambled to prevent th...

Title: Lagos Erupts in Protest Over Poor Welfare of Police and Soldiers

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Lagos, Nigeria — A wave of dissatisfaction over the poor living and working conditions of Nigerian security forces hit a boiling point this week as concerned citizens took to the streets of Lagos to demand better welfare packages for police officers and soldiers. The protesters, mostly youth activists, veterans, and rights advocates, carried placards and banners condemning the federal government’s neglect of serving and retired security personnel. They chanted slogans such as “Protect those who protect us!” and “Welfare is not a privilege, it’s a right!” , drawing attention from passersby and motorists along major streets of the city. According to the demonstrators, the Nigerian police and military have long suffered from systemic neglect, low salaries, poor housing, lack of medical support, and unpaid pensions—issues that have made their lives difficult even after years of dedicated service. A protester who spoke with Sahara Reporters said, “How can we expect the police and milit...

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