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BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht
BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht
The senior special assistant to President Bola Tinubu on media and publicity, Temitope Ajayi, has refuted reports that the president has requested a presidential yacht.
Nigerians’ reactions on social media to the N2.1 trillion supplemental budget Tinubu submitted to the National Assembly have generated debate, with some questioning some of the budget’s components.
According to the details of the budget, N5.09 billion was allocated for a ‘presidential’ yacht, N2.9 billion for sport utility vehicles for the Presidential Villa, and another N2.9 billion for the replacement of operational vehicles for the presidency.
The yacht was listed under the Nigerian Navy’s proposed capital expenditure of N42.3 billion.
Reacting to the criticisms that have followed the release of the budget details, Ajayi revealed that the president doesn’t need a yacht to perform the functions of his office.
He wrote: “It has become a pattern for some individuals, CSOs and a section of the media to pick one or two line items every budget cycle for sensational headlines, deliberately ignoring context in their reporting.
“The public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to the mischaracterisation of issues and misrepresentation of facts.
“The trending issues on social media since yesterday are two items in the 2023 supplementary budget. One is the provision for a presidential yacht in the supplementary budget by the Navy and the other is over N6 billion for vehicles to the State House.
“It is important to state clearly that President Bola Tinubu didn’t ask for a presidential yacht and I doubt he needs one to perform the functions of his office. From what I know, the request for a yacht, however named or couched in the budget is from the Navy and they must have operational reasons for why it is required.
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“The budget office should be in a position to also explain to the public why such expenditure should be accommodated now, considering the country’s economic situation. I must readily admit that the one reason our budgeting system has been a subject of public attack is the very simplistic way some of the line items are described by civil servants, who prepare the budget. Examples abound. Sometimes in 2016, an Enterprise Resource Planning (ERP) project of the Ministry of Solid Minerals worth over N300m was captured in that year’s budget as a “website”. Naturally, it generated a massive controversy as people, rightly, asked to know the type of website that would be built with N300million.
“It is important to say that journalism should enrich public enlightenment and not create an atmosphere of siege. It is poor reporting to always reduce State House budgetary provisions to the President and Vice President. When the State House makes provision for vehicles, it is reported that the President will use all the vehicles or eat all the food when a provision is made for food and catering services. We have had such inaccurate reporting in the past.
“A President and Vice President cannot, for any reason, spend N20 million naira to eat in a year if it is about the food they will eat as first and second families. How much food can a person really eat? Yet, we will read headlines that Tinubu, Buhari, Jonathan or whoever the President is wants to spend N5billion on food and catering in a year when in actual fact such budgetary provisions are made to accommodate many state events, meetings, hosting of VIPs, foreign dignitaries, and even visits by other Heads of State, and bilateral and multilateral meetings that the State House will deal with in a given year.
He further stated: “It is worth stating that in August this year, President Tinubu as the Chairman of the Authority of Heads of State and Governments of ECOWAS hosted two extraordinary summits of the regional body over the political crisis in Niger Republic. The two summits required catering services for the ECOWAS leaders and their delegations. Just this past Sunday, German Chancellor Olaf Scholz was on a State Visit to Nigeria with a delegation of top businessmen and women from Germany. The President hosted the visiting Chancellor and his delegation to a state banquet. The State House budget for food and catering services is spent on such events. It is not spent essentially to feed the President and Vice President.
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“On matters of vehicles, the N6 billion budget provision is not to buy vehicles for the President and Vice President alone. President Tinubu and Vice President Shettima are not using any new vehicles in their fleet. They are using inherited vehicles. There are hundreds of civil servants and political aides working at the State House who need operational vehicles. I am a senior aide of the President. I am using my personal car and at my own expense since I resumed work more than five months ago. Like me, virtually all the appointees of the President are using personal vehicles at their own expense for official duties. Most of the vehicles in the pool for various departments are run down. Even members of the State House Press Corps do not have functional buses to ease their movement. I know for a fact that a request for a new bus for the State House Press Corps is captured in the supplementary budget for vehicles.
“It is necessary to add that none of the political appointees has drawn any benefit and perks from the public treasury. I must add that in 5 months, we have not even received a kobo as salary because of procedural issues involved in capturing new appointees on the payroll via IPPIS.
“The presidency is a huge Bureaucracy with hundreds of staff. Any budget head for the State House is to run the system, not for the epicurean fantasy of a sitting President and Vice President. In this pageview-centric and social media age, it is easy to provoke public rage. It is also tempting for bloggers and quack journalists to take the easy road of sensationalism to attract traffic to their blogs and news websites. But good journalism, I believe, should be about substance and nuanced reporting.”
BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht
(Nation)
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NANS rejects Atiku’s fuel subsidy plan, demands accountability for savings
NANS rejects Atiku’s fuel subsidy plan, demands accountability for savings
The National Association of Nigerian Students (NANS) has rejected calls to restore Nigeria’s fuel subsidy, urging Nigerians, particularly young people, to focus instead on how the money saved from subsidy removal is being utilised.
NANS National President, Babatunde Akinteye, said Nigeria should not return to a system that successive administrations struggled to sustain, arguing that the priority should be ensuring that resources freed by the reform are transparently invested in programmes that improve the lives of Nigerians.
Akinteye made the position known on Tuesday in Akure, Ondo State, while speaking at a youth summit sponsored by the Minister of Interior, Olubunmi Tunji-Ojo. The summit was themed “Unlocking Ondo State Students’ Potentials for Economic Growth.”
The NANS president said Nigeria had operated the fuel subsidy regime for about four decades, but the policy failed to eliminate problems such as fuel scarcity and placed a significant financial burden on government.
He urged Nigerians to demand greater accountability over the resources saved from the removal of the subsidy rather than supporting proposals to restore the previous arrangement.
Akinteye said the focus should be on monitoring the money saved from subsidy removal and ensuring that it is channelled into projects and programmes that benefit Nigerians rather than returning to a system where public resources could be diverted.
He argued that Nigeria should learn from the experience of the subsidy era, when government spent heavily on petrol support while Nigerians still experienced periods of fuel scarcity.
According to him, restoring the subsidy without addressing the structural weaknesses associated with the old system could expose the country to renewed fiscal pressure.
Akinteye also warned against returning to a situation in which governments borrowed to finance recurrent expenditure, including subsidy payments.
He acknowledged that the removal of the subsidy had imposed considerable hardship on Nigerians, particularly through increased petrol prices, transportation costs and living expenses, but argued that reversing the policy was not necessarily the solution.
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Instead, he called for the savings from the reform to be directed towards education, healthcare, infrastructure, agriculture and other productive sectors capable of improving living conditions.
The NANS leader cited interventions such as the Nigerian Education Loan Fund (NELFUND) as examples of programmes that could provide meaningful support to young Nigerians when properly funded and managed.
He further urged political aspirants ahead of the 2027 presidential election to present clear and sustainable economic policies rather than making promises that offer immediate relief without explaining how such programmes would be financed.
The NANS position comes amid an intensifying political dispute over fuel subsidy restoration involving former Vice President Atiku Abubakar, the African Democratic Congress (ADC) and the ruling All Progressives Congress (APC).
Atiku has proposed a new form of government intervention in the petroleum sector if elected in 2027. His camp has argued that the proposal is different from Nigeria’s former import-subsidy system.
Under the proposed model, government intervention would be targeted, capped, transparently budgeted and independently audited, with the stated objective of reducing energy costs while supporting domestic production and refining.
Atiku’s camp has also clarified that the proposal is not intended to simply recreate the old subsidy structure. His Senior Special Assistant on Public Communication, Phrank Shaibu, said the plan was designed around domestic production and would seek to reduce production and transportation costs while providing relief to consumers.
The clarification followed comments suggesting that an Atiku administration could restore the subsidy before eventually removing it. His camp rejected that interpretation and maintained that the proposal was not a return to the previous import-subsidy arrangement.
Despite the clarification, the proposal has continued to generate strong political reactions.
The APC has criticised Atiku’s position, arguing that restoring fuel subsidies could reverse the fiscal gains associated with President Bola Tinubu’s economic reforms.
APC National Chairman Nentawe Yilwatda warned that a return to the old subsidy system could put pressure on government finances and affect spending on workers’ wages, education, infrastructure and other public programmes.
The ruling party has also maintained that the previous subsidy arrangement contributed to fiscal distortions and placed an unsustainable burden on government finances.
The ADC, however, has rejected the APC and Federal Government’s position, insisting that Atiku’s proposed petroleum intervention is financially sustainable and fundamentally different from the previous subsidy regime.
The opposition party has also demanded greater transparency over the additional revenue generated since the implementation of the Federal Government’s economic reforms, arguing that Nigerians deserve to know how the funds have been utilised.
Atiku has continued to frame the debate around the rising cost of living, arguing that Nigerians need practical measures to reduce energy and transportation costs.
The former vice president has criticised the Federal Government over the high cost of petrol and the wider economic hardship being experienced by households across the country.
The debate has therefore increasingly shifted from a simple question of whether to restore or remove subsidy to the broader issue of what form of government intervention, if any, can lower energy costs without recreating the weaknesses associated with the previous system.
Other political figures have also called for a different approach.
The New Nigeria People’s Party (NNPP) presidential candidate, Suleiman Dikwa, has urged the Federal Government to move beyond the subsidy argument and concentrate on investments that create jobs, generate foreign exchange and strengthen Nigeria’s productive capacity.
For NANS, however, the priority remains ensuring that the benefits of subsidy removal are translated into tangible improvements for citizens.
Akinteye maintained that Nigerians, particularly students and young people, should scrutinise the economic plans of political aspirants and demand details on how proposed policies would be funded.
He said politicians seeking votes in 2027 should not simply promise cheaper petrol but should explain how their proposed interventions would remain financially sustainable and benefit the wider population.
The fuel subsidy debate is expected to remain a major issue ahead of the 2027 elections, particularly as Nigerians continue to grapple with high transportation costs, food prices and other effects of the wider economic reforms.
While Atiku and his supporters argue that a carefully designed intervention could provide relief without repeating the failures of the past, NANS and the APC maintain that returning to the subsidy system risks recreating the fiscal problems that prompted its removal.
For the students’ body, the immediate challenge is therefore not simply whether subsidy should return, but whether the savings from subsidy removal are being properly accounted for and invested in areas that can deliver lasting economic benefits to Nigerians.
NANS rejects Atiku’s fuel subsidy plan, demands accountability for savings
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Ilorin Youth Group Demands Disbandment of Iru-Ekun Over Alleged Obstruction of Tani-Olohun’s Arrest
Ilorin Youth Group Demands Disbandment of Iru-Ekun Over Alleged Obstruction of Tani-Olohun’s Arrest
The Ilorin Emirate Integrity Youth Vanguard (IEIYV) has called for the immediate disbandment of the Iru-Ekun group in Kwara State, following allegations that its members obstructed law enforcement officers during an attempted arrest of social commentator Azeez Adegbola Tani-Olohun.
The group also called for a thorough investigation into the alleged obstruction and prosecution of anyone found to have committed an offence in connection with the incident.
The position was contained in a statement issued on Friday, August 28, 2026, by the National President of the IEIYV, Mallam Alaburo Abdulsalam Sherif.
The youth organisation said its position was taken under the leadership and royal guidance of the Emir of Ilorin, His Royal Highness, Alhaji (Dr.) Ibrahim Sulu-Gambari, CFR.
According to the group, the alleged incident occurred in connection with attempts by law enforcement authorities to arrest Tani-Olohun over allegations bordering on criminal defamation, cyberstalking and cyberbullying.
The IEIYV condemned what it described as any attempt by individuals, organisations, traditional institutions, political interests or pressure groups to obstruct law enforcement officers from carrying out what it considers a lawful duty.
It maintained that no individual or group should place itself above the law or interfere with the judicial process, stressing that allegations of criminal conduct should be resolved through investigation and adjudication by competent authorities and courts.
The group also emphasised the importance of respecting court orders, describing them as expressions of the authority of the Nigerian judiciary which must be obeyed by citizens and organisations.
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It said where a person is accused of committing an offence, the appropriate course of action is to allow the relevant authorities to investigate the allegations and, where necessary, bring the matter before a competent court.
The IEIYV stressed, however, that its demand for legal action against Tani-Olohun should not be interpreted as a call for extrajudicial treatment of the accused.
It said Tani-Olohun should be afforded all rights and protections guaranteed under the Constitution and other relevant laws, while the allegations against him should be properly investigated.
Sherif said the association would not support any action capable of undermining the rule of law or creating the impression that influential individuals or organised groups could obstruct lawful processes without consequences.
He called for the allegations against Tani-Olohun to be subjected to proper investigation and, if the evidence establishes a prima facie case, for him to be prosecuted before a competent court.
The IEIYV also called for an investigation into all individuals alleged to have participated in the obstruction of the attempted arrest, saying anyone found to have incurred criminal liability should face prosecution in accordance with the law.
Five-point demand
Specifically, the group demanded the immediate disbandment of Iru-Ekun in Kwara State, subject to the appropriate legal and administrative procedures.
It further called for a comprehensive investigation into the alleged obstruction of Tani-Olohun’s arrest and urged the authorities to investigate every individual allegedly involved in the incident.
The group also demanded that Tani-Olohun be prosecuted before a competent court if investigations establish sufficient grounds for charges relating to criminal defamation, cyberstalking, cyberbullying or any other offences properly brought against him.
It equally urged all parties involved to adhere strictly to due process and the rule of law.
The youth group appealed to security agencies and other relevant authorities to handle the matter professionally and impartially, warning against actions capable of escalating tensions within the Ilorin Emirate.
It urged all parties to avoid conduct that could threaten peace, unity and peaceful coexistence in the emirate.
The association said its position was aimed at strengthening respect for constitutional institutions and ensuring that disputes involving individuals and groups were handled through established legal channels.
The IEIYV reaffirmed its commitment to the rule of law, peaceful coexistence and the protection of the dignity and unity of the Ilorin Emirate.
It maintained that justice should be allowed to take its proper course and that every person involved in the matter, including the accused, should be treated in accordance with Nigerian law.
The group concluded by stressing that the law must remain supreme and that no individual or organisation should be allowed to place itself above the law.
Ilorin Youth Group Demands Disbandment of Iru-Ekun Over Alleged Obstruction of Tani-Olohun’s Arrest
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Itauma loses unbeaten record to Hrgovic, discharged from hospital
Itauma loses unbeaten record to Hrgovic, discharged from hospital
Nigerian-British heavyweight prospect Moses Itauma has returned home after spending a night in hospital following the first defeat of his professional boxing career.
The 21-year-old was taken to hospital for medical checks after Croatia’s Filip Hrgovic stopped him in the ninth round of their vacant IBF heavyweight title bout at The O2 Arena in London.
Itauma, who had built a reputation as one of the most promising young heavyweights in world boxing, was carried from the ring on a stretcher after appearing exhausted and struggling to defend himself in the closing stages of the contest.
His promoter, Frank Warren’s Queensberry Promotions, subsequently confirmed that Itauma had received medical attention and was discharged after doctors completed their assessment.
“Moses is well. He left the hospital last night and, after being checked over, he is now back home with his family,” Queensberry said in a statement.
The defeat brought an abrupt end to Itauma’s unbeaten professional record and came after he had appeared to control much of the fight against the more experienced Hrgovic.
Itauma was reportedly ahead on the judges’ scorecards before the Croatian began to turn the contest around in the later rounds. The British-Nigerian showed increasing signs of fatigue in the eighth round, allowing Hrgovic to step up the pressure.
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Referee Howard Foster eventually halted the fight at 2:27 of the ninth round when Itauma was no longer able to adequately defend himself.
There were initial concerns that the young boxer might have suffered a leg injury, with Warren confirming immediately after the bout that Itauma had been taken to hospital.
“Moses has gone to hospital. He has done something to his leg. He did something to his leg and he was exhausted, is the truth of it. It was a very fast-paced fight,” Warren said.
Despite the setback, Warren believes the defeat can serve as an important learning experience for Itauma, who is regarded as a major prospect in the heavyweight division.
“He got caught and the fighting instinct was to stand there and let his shots go,” Warren said.
“That’s what it is at the top level. You have to tick all the boxes. He has got to learn from the fight and will hopefully do that.”
Hrgovic also acknowledged that Itauma had given him a difficult fight before his late surge changed the outcome.
“I was getting outboxed, but somehow I found the energy and the punch to change it all,” the Croatian said.
The 34-year-old praised Itauma as the toughest opponent he had faced, while pointing to the youngster’s lack of experience at the highest level.
“He is the best fighter I have been in with but he needs more experience. He gassed out. I knew I had the pace in my favour. He gassed out but he is one of a kind,” Hrgovic said.
Itauma’s defeat may have ended his perfect record, but his rapid rise and the quality of his performance before fatigue set in are expected to ensure that the setback does not derail his career.
With the young heavyweight now back home recovering with his family, attention will turn to his rehabilitation and how he responds to the first major adversity of his professional career.
Itauma loses unbeaten record to Hrgovic, discharged from hospital
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