Politics
SDP Blasts FG on N158trillion loan borrowing …..demands accountability in application
By George Mgbeleke
Disturbed by the borrowing quest of President Bola Ahmed Tinubu led administration, the Social Democratic Party, (SDP) has criticized the Federal government over the acquisition of 158 trillion, describing it as unhealthy for the country’s economy.
The party raised concern over the Federal government continued pattern in securing several loans with no concrete infrastructural development to show for it.
The party made this declaration on Thursday at a press conference in Abuja by the party’s acting National Chairman, Alhaji Umar Gombe, calling for transparency in the administration of all loans and recovered looted funds.
He said “So we ask: What is this government doing with all the money it has received?
From an economic standpoint, the borrowing pattern of this administration is alarming. The Buhari administration reportedly accumulated ₦83 trillion in borrowing over eight years. Yet in just three years, the current administration has borrowed ₦158 trillion, with no clear evidence of development to justify it.”
The asked some probing questions demanding to know, “Why is it difficult to fund our security architecture?
Why are our hospitals in such poor shape that even for basic ailments, leaders run abroad?
Why do those accused of corruption seek permission to travel overseas for medical treatment?
“These questions have become necessary after 11 combined years of APC governance. The truth is simple: This administration lacks the capacity to deliver sustainable economic transformation. Nigeria’s debt profile is rising recklessly without any commensurate infrastructure to show for it.
“We in the SDP fear that the huge loans recently approved by the National Assembly may be deployed for political purposes ahead of the 2027 elections. We hope to be proven wrong, but governance has already taken the back seat, and Nigeria is now in full campaign mode. Everything revolves around 2027.”
The party sounded a warning,”Let it be clear:
“The SDP therefore calls for transparency in the administration of all loans and recovered looted funds. There is genuine fear that these funds have been re-looted. Government must publish details of recoveries, how much was retrieved, where the funds are kept, and what projects they have been used for.
“The big questions remain:
Where are the trillions borrowed?
Where are the billions recovered?
Where are the projects?
How has the welfare of Nigerians improved?
These are not political questions. These are questions of national survival”
Gombe noted that the party has opened it’s doors to Nigerians to participate in the next general election, adding that more prominent politicians are joining the party ahead of the 2027 election.
“As we move towards 2027, we are even stronger. Credible leaders across the federation are joining the SDP as their vehicle for national transformation.
The SDP is fully prepared for the 2027 elections. Our nationwide registration drive has brought massive numbers into the party. Whatever comes—whether from INEC or any system—the SDP is ready. We are resolute, organized, and determined to provide a credible alternative”
He denied claims that the party is aligning with the ruling All Progressive Congress, APC , as it has always criticized the policies of the ruling party.
Politics
Osun Decides: Stakeholders Set for Citizens’ Town Hall to Promote Credible Poll*
By David Owei
As the August 15, 2026 Osun State Governorship Election enters its final 21 days, the Civil Society Network on Election Integrity will convene a Citizens’ Town Hall on the Osun Off-Cycle Governorship Election on Sunday, July 26, 2026.
The Network comprises the Nigerian Women Trust Fund (NWTF), ElectHER, TAF Africa, The Kukah Centre, International Press Centre (IPC), Centre for Media and Society (CEMESO), and YIAGA Africa.
The town hall is a non-partisan platform for dialogue between citizens and key electoral institutions towards strengthening public confidence and reinforcing electoral integrity.
Participants will include election management officials, security agencies, traditional and religious leaders, civil society organisations, youth and women groups, organisations of persons with disabilities, media practitioners and citizens from across Osun State.
Running from 4pm to 7pm at Adolak Event Hall, Osogbo, the Town Hall will feature physical participation by invited guests only and will be broadcast live on ARISE Television, NTA, AIT and the Osun State Broadcasting Service, with livestreaming on the official YouTube channels of participating broadcasters and additional coverage by radio stations, newspapers and digital media platforms.
The Resident Electoral Commissioner for Osun State, Mrs. Olutoyin Babalola, and the Commissioner of Police, CP Ibrahim Gotan will lead discussions on election preparedness and election security. They will be joined by representatives of women and persons with disabilities, while representatives of the Osun State Council of Traditional Rulers and faith-based organisations will deliver goodwill messages.
Citizens participating both physically and online will have the opportunity to engage directly with key electoral stakeholders, interrogate critical issues relating to preparations for the governorship election and advance recommendations to ensure the transparency and credibility of the process.
Chairman of the Planning Committee and Executive Director of the Centre for Media and Society, Dr. Akin Akingbulu, said the Town Hall reflects the Network’s commitment to strengthening electoral governance through inclusive citizen engagement.
“Electoral integrity depends on informed citizen participation, institutional transparency and sustained multi-stakeholder engagement. The Citizens’ Town Hall provides a structured platform for constructive dialogue that strengthens public trust and reinforces collective accountability in the conduct of the governorship election.”
The Co-Chair of the Planning Committee and Executive Director of the International Press Centre, Mr. Lanre Arogundade, said the Network views citizen engagement as critical to safeguarding electoral credibility.
“The quality of an election is determined not only by institutional preparedness but also by the extent to which citizens are able to engage the process in an informed and meaningful manner. This Town Hall provides an accountability interface between citizens and electoral stakeholders, helping to strengthen transparency, public confidence and the integrity of the electoral process.”
The Osun Citizens’ Town Hall builds on a series of citizen-focussed initiatives by the Network across Nigeria. The initiative commenced with a national dialogue on the Electoral Act 2026 in Abuja on March 1, 2026, before progressing to Ekiti State on May 24, 2026 ahead of the Governorship Election of June 20, 2026, the first conducted under the Electoral Act 2026. The Osun edition seeks to consolidate these gains through inclusive dialogue, institutional accountability and informed participation of citizens.
The Civil Society Network on Election Integrity is a coalition of leading Nigerian civil society organisations working to promote credible, peaceful, inclusive and transparent elections. Through citizen engagement, policy advocacy and multi-stakeholder collaboration, the Network advances electoral integrity, democratic accountability and public confidence in Nigeria’s electoral processes.
Politics
Stop “Ghosting” And Fix Pension Crisis, Build On Reforms We Started-Atiku tells Tinubu
By Our Correspondent
Presidential flag bearer of the African Democratic Congress,( ADC), and former Vice President, Atiku Abubakar, has faulted President Bola Ahmed Tinubu’s claims on the Federal Government pension backlog as “unnecessary ghosting and futile political shadow chasing.”
Atiku in a statement by his media office on Friday, described the President’s remarks to visiting Northeast stakeholders led by Governor Babagana Zulum as an attempt to blame the Obasanjo/Atiku administration for problems it solved almost two decades ago.Offi e
“Both President Tinubu and his inept APC administration should seek more knowledge about good governance and developmental communication,” the statement said, adding that “Government is a continuum. A successor must inherit assets and liabilities.”
Atiku’s office recalled that when the Obasanjo/Atiku government took over in 1999, it inherited a broken, unfunded and non-contributory Defined Benefits Scheme with an estimated liability of over ₦2 trillion, about 25% of GDP at the time.
According to the statement, instead of blaming predecessors, the administration enacted the Pension Reform Act of 2004 and established the National Pension Commission, PenCom, leaving behind a fully funded, privately managed Contributory Pension Scheme when it exited in 2007.
The old Pay-As-You-Go model, the statement noted, depended on annual budgetary allocations that were grossly underfunded. It noted that the system created massive arrears, ghost pensioners, data inaccuracies and bureaucratic delays, while most private sector workers had no coverage at all.
“Under the reforms, the Obasanjo/Atiku government introduced mandatory contributions by both employers and employees into individual Retirement Savings Accounts, RSAs. It also institutionalized Pension Fund Administrators, PFAs, to manage investments and Pension Fund Custodians, PFCs, to safeguard assets.”
The Atiku Media Office said the reforms stopped the accumulation of new un-backed pension debts and created the foundation for Nigeria’s pension assets, which have since grown into tens of trillions of naira. It accused Tinubu of failing to acknowledge that structure.
The statement further said the Obasanjo/Atiku administration laid the groundwork for the liberalization of the economy, including paying off foreign debt and creating enabling environments in banking, telecoms, hospitality and other sectors.
Atiku advised the President to focus on current challenges, adding, “Tinubu should focus on resetting the salient issues of hunger and anger in the land, caused by unabated insecurity, mass youth unemployment, a broken economy and the destruction of our political fabric,” the statement concluded.
Politics
Enugu Air: Gov. Mbah Reacts to Runway Incident, Says Safety Non-negotiable
By Our Correspondent
Following recent Enugu Air crash in Benin, Enugu State,governor, Dr. Peter Mbah, has reacted to Thursday’s runway incident involving the state-owned airline, Enugu Air, at Benin Airport, empathizing with the passengers and crew members over the traumatic experience.
Mbah, in a statement he personally signed, commended the aviation authorities for immediately initiating an investigation into the incident, saying that, for Enugu Air, safety remained non-negotiable.
In the statement made available to newsmen on Friday, the governor said, “The Enugu State Government is aware of the runway excursion incident affecting Enugu Air, Embraer E170, Flight 4264, operating until the Benin Airport from Lagos on Thursday, July 23, 2026.
“The government empathizes with the 63 passengers and five crew members on board the aircraft over the traumatic experience and is thankful to God that no life was lost and no injuries have so far been reported.
“The government commends the swiftness of the Nigerian Safety Investigation Bureau (NSIB) in embarking on the ongoing investigation to determine the circumstances and factors that may have led to the incident. The government will ensure the full cooperation of its going concern, Enugu Air, with the investigation and regulatory authorities.
“While the outcome of the investigation is awaited, the government assures the public that the operations of Enugu Air are guided by the highest safety standards. The airline is founded on a corporate culture that places safety above profit and schedule, and its quality assurance and quality control systems stipulate a safety threshold that is considerably higher than the industry benchmark.
“This accounts for the growing confidence and patronage the airline has continued to enjoy from both passengers and industry stakeholders. Enugu Air will therefore continue to serve its teeming customers and abide by its utmost commitment to safety, professionalism, and a sense of hospitality.”
He thanked Nigerians for their support following the incident, as many continued to relive their pleasurable experiences flying the airline.
“The Enugu State Government wishes to express its profound gratitude to Nigerians for the outpouring of solidarity since the unfortunate incident. Quite uncommonly, Nigerians have continued to share their positive experiences with Enugu Air since it was launched a year ago. This matters so much to us as a government at this time,” he concluded.
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