News Flash - Abia ThinkTank News

May

2026

2026 Budget: Nigeria Service Debts With N15.81 Trillion

2026 Budget: Nigeria Service Debts With N15.81 Trillion Nigeria will spend about ₦15.81 trillion on servicing its public debt in 2026, one of the largest components of a record ₦68.32 trillion budget, according to data from civic tech organisation BudgIT and official government figures. The spending plan, recently approved by lawmakers and signed by President Bola Tinubu, outlines total expenditure of ₦68.32 trillion, with debt servicing accounting for a significant share alongside capital and recurrent spending. BudgIT, in its analysis of the budget, said the allocation highlights the growing burden of debt obligations on Africa’s largest economy, warning that public…

May

2026

0 Comments

By Abia ThinkTank

The Big Masquerade Arrives: Ikenna Ukwa Picks APC Nomination Form For Arochukwu/Ohafia Federal Constituency 2027

Abia North, National Assembly, News Flash, Politics

2027: IKENNA UKWA PICKS APC NOMINATION FORM FOR AROCHUKWU/OHAFIA FEDERAL CONSTITUENCY Frontline aspirant and chieftain of the All Progressives Congress, APC, Chief Ikenna Nicolas Ukwa, has formally purchased the Expression of Interest and Nomination Forms of the party to contest the Arochukwu/Ohafia Federal Constituency seat in the House of Representatives. Speaking to journalists shortly after obtaining the forms, Hon Ikenna Nicolas Ukwa said his decision to contest was borne out of a desire to offer purposeful and efficient representation and attract more federal presence in Arochukwu/Ohafia federal Constituency. He described his aspiration as “a mission to change the leadership narrative…

Apr

2026

0 Comments

By Abia ThinkTank

ADC Will Be On Ballot In 2027 – David Mark Assures Members Amid Legal Battles

News Flash, Politics

ADC Will Be On Ballot In 2027 – David Mark Assures Members Amid Legal Battles The National Chairman of the African Democratic Congress (ADC), David Mark, has assured party members that the party will be on the ballot for all elections in 2027 despite ongoing legal challenges. The assurance follows a recent judgment of the Federal High Court in Abuja, with the party currently taking legal steps including an appeal and an application for stay of execution. Speaking on Wednesday night after receiving a briefing from the ADC legal team, Senator Mark addressed party leaders on the ongoing litigation involving…

Apr

2026

0 Comments

By Abia ThinkTank

I Investigated Pastor Jerry For Alleged Money Laundering- EFCC Chairman

Abuja, News Flash

I Investigated Pastor Jerry Eze For Alleged Money Laundering – EFCC Chairman The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has disclosed that the commission investigated the founder of Streams of Joy International, Jerry Eze, for six months over suspected money laundering before clearing him of any wrongdoing. Olukoyede made the revelation on Wednesday while speaking at the Jerry Eze Foundation Business Grant Award Ceremony in Abuja. He explained that the investigation was triggered by intelligence reports and petitions following unusual inflows of foreign currencies into the cleric’s domiciliary account. “We work by intelligence, we work by…

Apr

2026

0 Comments

By Abia ThinkTank

It’s Time For Nigeria To Produce Igbo President- El-Rufai’s Son

News Flash, Politics

It’s Time For Nigeria To Produce Igbo President – El-Rufai’s Son, A son of former Kaduna State governor, Nasir El-Rufai, Bashir, has said it’s time for Nigeria to produce “a pure blood Igbo President”. Bashir said until Nigeria produces an Igbo President, wounds of the past would persist. Posting on X, Bashir wrote: “It’s high time Nigeria had a pure blood Igbo President. Until then, all these wounds of the past will persist to remain.” In 2019, Peter Obi, a former governor of Anambra State, was the running mate to then Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar. Due…

Apr

2026

0 Comments

By Abia ThinkTank

Tinubu Appoints Bianca Odumegwu-Ojukwu As Foreign Affairs Minister

Abuja, News Flash, Presidency

Tinubu Appoints Bianca Odumegwu-Ojukwu As Foreign Affairs Minister President Bola Tinubu has approved the appointment of Ambassador Bianca Odumegwu-Ojukwu as Nigeria’s new Minister of Foreign Affairs, following the resignation of Ambassador Yusuf Tuggar, who stepped down ahead of his anticipated political move toward the 2027 elections. Tinubu also nominated Ambassador Sola Enikanolaiye as Minister of State for Foreign Affairs, subject to Senate approval. These were contained in a statement by presidential spokesperson Bayo Onanuga on Wednesday. According to him, the changes are intended to strengthen Nigeria’s diplomatic posture and align foreign policy with the administration’s economic priorities. “These adjustments are…

Apr

2026

0 Comments

By Abia ThinkTank

Tinubu Endorses Hamzat For Lagos 2027 Governorship Race

Lagos, News Flash, Politics

Tinubu Endorses Hamzat For Lagos 2027 Governorship Race President Bola Tinubu has endorsed Lagos State Deputy Governor Obafemi Hamzat as the All Progressives Congress (APC) consensus governorship candidate for the 2027 election, reinforcing a fast-forming political alignment within the state’s ruling structure. The endorsement in Abuja on Wednesday, follows the earlier adoption of Hamzat by the influential Governance Advisory Council (GAC), the highest decision-making body of the APC in Lagos, which unanimously backed him as its preferred candidate after a meeting in Lagos House, Marina. GAC leaders, Governor Babajide Sanwo-Olu and other top Lagos politicians had met with Tinubu in…

Apr

2026

0 Comments

By Abia ThinkTank

Trending Video: We’ll Continue To Borrow Money; It’s Not Lepr0sy- President Tinubu

Senate Approves Tinubu’s $516.3m Loan For Sokoto-Badagry Super Highway

Abuja, National Assembly, News Flash

Senate Approves Tinubu’s $516.3m Loan For Sokoto–Badagry Super Highway The Senate has approved President Bola Tinubu’s request to secure a $516.3 million syndicated loan for the construction of Sections I, Phase IA and IB of the Sokoto–Badagry Super Highway, covering approximately 120 kilometres. The approval comes less than ten days after the President transmitted the request to the National Assembly, in line with Sections 16 and 21 of the Debt Management Office Establishment Act. The decision follows the consideration and adoption of a report by the Senate Committee on Local and Foreign Debts, chaired by Senator Aliyu Wamakko. The committee…

Apr

2026

0 Comments

By Abia ThinkTank

President Tinubu Sacks Saidu Mohammed As NMDPRA Boss, Appoints Replacement

Abuja, FGN, News Flash

Tinubu Sacks Saidu Mohammed As NMDPRA Boss, Appoints Replacement President Bola Tinubu has approved the removal of the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed. He has also nominated Mr Rabiu Abdullahi Umar as the new Chief Executive of the agency, subject to confirmation by the Senate. The announcement was contained in a State House press release issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. “President Bola Ahmed Tinubu, GCFR, has approved the removal of Mr Saidu Mohammed as the Authority Chief Executive…