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Tinubu reveals on foreign collaboration to rescue abducted school children, teachers in Oyo State

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President Bola Ahmed Tinubu

By Our Correspondent

In an effort to end kidnapping in the country, President Bola Tinubu on Thursday revealed that plans have been concluded to include international collaboration in the safe rescue of kidnapped victims in Oriire local government area of Oyo State are brought home without harm or avoidable loss of life.

While appealing for calm and patience, the President assured the people that no stone would left unturn to ensure that the kidnapped children and teachers are rescued safely .

Also, Tinubu said the signs of progress in the country are becoming increasingly evident as the reforms undertaken by his administration are laying the foundation for a stronger, more competitive, and more resilient economy.

Tinubu dropped this hint in his address at the commissioning of the newly transformed Premier Hotel in Ibadan undertaken by the Odu’a Investment Company Limited.

President Tinubu who was represented at the event by the Secretary to the Federal Government (SGF), Senator George Akume, said while the country has confronted difficult structural challenges that constrained growth and investment for many years, the present administration under his leadership is building a more stable platform for sustainable growth and shared prosperity.

He said, “The signs of progress are becoming increasingly evident. Investor confidence is improving, strategic investments are growing, and key sectors of the economy are showing renewed momentum. Our foreign reserves have also attained the highest level in the last two decades.

“The newly transformed Premier Hotel is itself a vote of confidence in Nigeria’s future. It represents optimism, enterprise, and belief in the opportunities ahead.”

The President urged investors across the country and beyond to continue to invest in the country, stating that Nigeria offers tremendous opportunities while his administration remains committed to creating the conditions necessary for businesses to succeed.

“My charge to all stakeholders today is simple: let us preserve our heritage, embrace innovation, invest boldly in our future, create opportunities for our young people, and build institutions that will endure for generations.

“Once again, I congratulate the Board, Management, shareholders, and staff of Odu’a Investment Company Limited,as well as the governments and people of the six South-West states, on this remarkable achievement”, he said.

According to him, the Federal Government is seriously addressing the upswing in banditry, kidnapping and associated criminalities, across the country, urging all citizens to remain vigilant and to work collaboratively with security agencies.

“There is undoubtedly a huge role for traditional and faith-based institutions to play in this regard and I urge them take the lead through the various channels provided by government.”

Governor Seyi Makinde of Oyo State, who was the Chief host in his remarks, said the commissioning marked significant milestone in the journey of restoring one of the most iconic hospitality landmarks in Nigeria, stating that the event reflected the power of partnership, shared vision, and commitment to preserving our heritage while positioning our institutions for a more prosperous future.

Makinde, represented by his SSG, Prof. Musbau Babatunde noted that Premier Hotel is more than just a hotel, but symbol of collective history, a landmark that has occupied a special place in the social, economic, and cultural development of the state and the entire Southwest region.

“I particularly commend the visualizership of the Oduwa Group of Companies, jointly owned by the governments of Oyo, Okwui, Kitsundu, and Oswego State, for recognizing the importance of this project and for taking deliberate steps to reposition Premier Hotel as a modern hospitality destination.”

The Group Chairman, Odu’a Group, Otunba Bimbo Ashiru, in his remarks, said the idea of Premier Hotel was conceived as the Western Region’s flagship hospitality asset, built alongside its sister properties such as Hamdala Hotel in Kaduna for the Northern Region, and Hotel Presidential in Enugu for the Eastern Region, stating that the choice of Mokola Hill as the location was both deliberate and symbolic, as the founding fathers selected the elevated terrain for several strategic reasons.

“First, to offer guests a naturally cool and refreshing climate, sheltered from the tropical heat of the valley below; second, to provide an unobstructed, breathtaking panoramic view of the ancient city of Ibadan, including landmarks such as Cocoa House, the Government Secretariat, and Bower’s Tower; and, third, to create a brilliant “lighthouse” effect with its bright white walls and glowing nighttime lights, the hotel became visible from miles around, a radiant beacon of Western Nigerian hospitality and grandeur.

“For decades, this great edifice stood as the gold standard of luxury and service in West Africa. It was the preferred residence for heads of state, royal families, foreign diplomats, captains of industry, and discerning travelers from every corner of the globe. It hosted historic meetings, celebrated milestones, and created cherished memories for countless families. It was, without question, the pride of Ibadan and the heartbeat of South-Western hospitality.”

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Politics

Milton Dick Elected President of the IPU Assembly

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Mr Milton Dick, Speaker of Australia’s House of Representatives(left) and President of Nigeria Senate,Godswill Akpabio(right)

By Our Correspondent

Mr Milton Dick, Speaker of Australia’s House of Representatives, has been elected as the President of the Inter-Parliamentary Union (IPU) Assembly for the 2026–2029 term.

Mr Dick was in Abuja last week to consult with the Nigerian parliament and sought their support. The Chairman of the National Assembly of the Federal Republic of Nigeria, and an Executive Member of the IPU, Godswill Akpabio had assured him of the support of Nigeria and to mobilize the support of the Africa Group of the IPU to support him.

Announcing the results in Arusha on Friday, the outgoing IPU leader, Dr. Tulia Ackson, said Milton Dick secured 56 percent of the total votes. His fellow candidates, Ms Sahiba Gafarova (Speaker of the Milli Majlis, Azerbaijan) and Mr Rojo Edwards Silva (Senator, Chile), received 38 percent and 6 percent of the votes respectively.

Dr Tulia stated that Gafarova got 124 votes while Mr Milton Dick collected 182 votes and Mr Edward Silver received 21 votes.

“So dear colleagues, let me now announce the winner please. Allow me to announce the winner please. The winner of the election of a President for the term 2026 to 2029 is Mr. Milton Dick, the Speaker of the House of Representatives of Australia,” she announced.

Prior to his election, Milton Dick said there was the need for inclusive leadership that takes account of countries and parliaments that may have limited influence in international discussions.

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Tinubu’s Petrol Discount is a Loan To Nigerians-ADC

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By George Mgbeleke
The African Democratic Congress (ADC) has described the Tinubu administration’s proposed petrol price intervention as a loan to the Nigerian people, calling it a cynical and deceitful arrangement that insults common sense, even as an electoral gimmick.

In a statement issued in Abuja on Friday by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party said the proposal operates on the principle of deferred payment, with Nigerians eventually paying the costs suppliers agree to absorb today.

“This is not subsidy. Calling it subsidy would be dignifying it. It is another announcement this government has made without thinking through what it means for the Nigerian people.

“The principle is straightforward: what suppliers forgo today, Nigerians will pay later. The government wants to announce a discount, collect the applause and leave the Nigerian people to settle the bill.

“Even as an electoral gimmick, it insults common sense. Nigerians know the difference between a discount and a debt. A payment postponed is still a payment owed.”

The party added that the separate 30-day waiver of NNPC’s retail profit margin offered no lasting answer to the cost-of-living crisis.

“Food bills and transport fares will not disappear after 30 days. Nigerians need lasting relief.

“President Tinubu wants gratitude now and repayment later. He cannot claim to have lifted a burden while making arrangements to put it back after 30 days.”

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NLC gives FG two-week ultimatum to address high cost of living, others

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NLC President, Comr.Joe Ajaero

By our correspondent

Disturbed by the persistent high cost living in the country,the Nigeria Labour Congress (NLC) has given the federal government a two-week ultimatum, beginning from Friday, the 9th of October, 2026 to address hardship it said its policy has slammed on Nigerians.

NLC’s communique from its Joint Meeting of the National Executive Council (NEC) and Central Working Committee (CWC) held in Abuja, said, if at the end of the two-week ultimatum, government fails to tackle the issues brought before it, the congress would have no option than to mobilise for action that would paralyse the activities of the country.

The communique signed by the NLC president, Joe Ajaero called on government to: “Take measures to reduce the price of petrol across the nation to what it was at the signing of the current national minimum wage in 2024 to cushion the impact of the energy crisis on workers and masses as being done by other nations of the world;

“Commence the process of renegotiating a new national minimum wage;

“Implement the dictates of the Terms of Settlement reached with Joint Health Sector Unions and Assembly of Healthcare Professionals (JOHESU) on the 5th day of February, 2026, and other new demands that have arisen since then.

“Implement the demands of the Joint Public Sector Negotiating Council (JPSNC)”

It said: “Failure of which the NLC will be compelled to take remedial steps as would be directed by the relevant Organs”.

The communique reaffirmed the historical responsibility of the NLC to resist all forms of exploitation and oppression, calling on all affiliates, and progressive allies to remain on high alert and fully prepared to engage in decisive efforts against all anti-people policies.

It reiterated that the Nigerian working people must remain resolute, organised, and uncompromising in the collective struggle for a fair and equitable Nigeria.

Part of the communique reads: “The National Executive Council (NEC) and the Central Working Committee (CWC) of the Nigeria Labour Congress (NLC) convened a joint meeting at the Olayitan Oyerinde Hall, Labour House, Abuja, to deliberate on the state of the nation, the existential threats facing Nigerian workers and the downtrodden masses, and the urgent tasks confronting the trade union movement in Nigeria.

“Having extensively discussed the grave economic, political, and crises of survival ravaging workers and the nation at large, NEC-in-session, in conjunction with the CWC, resolves as follows:

“The joint meeting-in-session notes with profound alarm the deepening misery inflicted on the Nigerian working class and the broader masses by the neo-liberal policies of the federal government and its state institutions. Inflation continues to soar unabated, the naira remains traumatised, wages have been rendered worthless, and the cost of living has become unbearable. The ruling elite, acting as enforcers of global monopoly capital, have demonstrated a worrying indifference to the suffering of the people, choosing instead to transfer the burden of their fiscal negligence onto the already impoverished working masses thus abandoned the people to the dictates of comprador fat cats.

“NEC-in-session declares that no society can sustainably develop under a regime of corporate plunder and neo-liberal enslavement. The Nigerian working people must therefore remain resolute, organised, and uncompromising in the collective struggle for a fair and equitable Nigeria.

“The joint meeting observes with grave concern that the current national minimum wage has been rendered worthless by the relentless depreciation of the naira and the astronomical rise in the cost of living. Nigerian workers can no longer afford the basic necessities of life; food, shelter, healthcare, transportation, and education; on their current wages.

“Consequently, NEC-in-session demands that the federal government commences the renegotiation of the national minimum wage before the end of this month. The Congress demands a living wage that reflects the true cost of living and the dignity of the Nigerian worker. Any further delay by the federal government remains unacceptable.

“The joint meeting reiterates its call on the federal government to work with relevant agencies to immediately reduce the price of Premium Motor Spirit (PMS), commonly known as petrol. The exorbitant pump price of petrol has had a cascading effect on the cost of transportation, food, and other essential goods, further deepening the hardship of workers and the masses. The government must abandon its insensitive policies that have allowed for indiscriminate hikes in the price of petroleum products which has only served to enrich a handful of oil marketers while pauperising the masses.

“The joint meeting demands that the federal government grant tax relief to workers as agreed and immediately provide Wage Awards to workers to cushion the impact of the rising cost of living. These measures are the bare minimum required to alleviate the suffering of Nigerian workers and restore a measure of dignity to their lives. The government cannot continue to demand sacrifice from workers while not offering any relief to the suffering masses and workers”.

END

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