Politics
Deji Adeyanju mocks Obi over meeting with Wike, others
Political activist Deji Adeyanju has mocked the presidential candidate of the Labour Party (LP) Peter Obi, over his meeting with some Peoples Democratic Party (PDP) chieftains, especially Rivers Governor Nyesom Wike.
Adeyanju recently placed a bet of $10000 that Obi will come third in the forthcoming general election,
It was the second time the former Governor of Anambra State met with Wike after dumping the PDP and declaring his presidential ambition on the LP platform.
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Others at the meeting include former Governors Olusegun Mimiko( Ondo); Donald Duke (Cross River) and Ibrahim Dankwanbo (Gombe).
Also at the meeting were Benue Governor Samuel Ortom; Abia Governor Okezie Ikpeazu; former Attorney General of the Federation and Minister of Justice, Mohammed Adoke and several others.
Adeyanju accused Obi, who is touted to be the ‘saviour’ of the country, of always meeting with PDP chieftains.
The activist said Obi cannot help Nigeria from corrupt political leaders, declaring supporters of the former Anambra Governor as “PDP Lite.”
He wrote: “The person they say wants to save Nigeria from corrupt PDP and APC is always running to PDP folks and he doesn’t know they are just using him to catch cruise. That’s why I said the Obidents are PDP Lite. Good thing is February is almost here.”
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Politics
2027: Atiku Vows to Reopen Borders, Develop Southern Ports if Elected
2027: Atiku Vows to Reopen Borders, Develop Southern Ports if Elected
The ADC presidential candidate says border closures have crippled transborder trade, pushed young Nigerians into bankruptcy, and worsened insecurity.
Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has pledged to reopen Nigeria’s land borders and develop port infrastructure in the southern part of the country if elected in the 2027 general election. He made the promise while addressing supporters in a video shared online on Friday by ADC chieftain Dele Momodu.
Atiku argued that the closure of Nigeria’s borders with neighbouring countries, initially implemented in August 2019 under former President Muhammadu Buhari, has dealt a devastating blow to transborder trade and contributed to widespread unemployment, particularly among young Nigerians. He noted that several northern states share borders with Cameroon, Chad, Niger Republic, and Benin Republic, making cross-border commerce a vital part of the region’s economic activities. “The Northern states is bordering Cameroon, Chad, Niger, Benin Republic. And you close all those borders. All our young men who are doing trading between these countries, they carry goods across, they do this and that, all what we call transborder trade is a legitimate business,” Atiku said.
He painted a stark picture of the economic consequences, claiming that many young entrepreneurs who had built businesses with capital running into millions of naira, and who employed others, had been forced into bankruptcy following the border restrictions. According to him, this loss of livelihoods has directly contributed to the country’s security challenges. “All the upcoming young men and women who used to have a capital of 10 million, 20 million, and they were employing two, three other people, and then all of them went bankrupt and unemployed. How can there be security?” he asked. He then declared, “So I said I am going to reopen the borders and I will.”
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Beyond reopening land borders, Atiku also outlined plans to improve port facilities in the South and South-East to create a better balance in the handling and transportation of imported goods across the country. He said he had already begun exploring this by engaging shipping and port development companies in Europe during his last campaign. “During the last campaign, I went across to Europe to discuss with shippers and ship development companies how we can together develop South and South-Eastern ports so that there is balance as far as importation of goods and transportation of goods are concerned,” he stated.
The former vice president argued that developing ports in places like Calabar, Uyo, and Port Harcourt would significantly reduce the time and cost of transporting goods to the North-East. He used his own experience as an example, noting that he has a factory in Yola, Adamawa State, and currently faces significant logistical hurdles because his containers must come through Lagos. He illustrated, “So when, if I drop my container in Calabar or in Uyo or in Port Harcourt, it will just take me 24 hours to take the container to Yola. But right now, it takes me not less than two months to take my container from Lagos because you have to cross over from South-West, you go to North-East, and then there is even no road.”
Atiku’s proposal has sparked mixed reactions online, with some Nigerians supporting the plan as a practical economic strategy that could boost trade and create jobs. However, critics have raised concerns about security implications and the potential threat to local investors from increased imports, while others dismissed the promise as familiar campaign rhetoric. The border closure policy, initiated in 2019, was justified by the Federal Government as a measure to curb large-scale smuggling of rice, poultry, petroleum products, and other commodities, as well as the movement of illegal arms and drugs. It was also aimed at encouraging domestic agricultural production. Economists, however, have noted that the policy failed both efficiency tests, enriching a handful of manufacturers while leaving consumers poorer and the wider economy weaker. The Lagos Chamber of Commerce and Industry (LCCI) also attributed renewed inflationary pressure to the border closure, with food inflation hitting record highs during the period.
Although the administration of President Bola Tinubu has partially reopened some strategic corridors, such as the Kamba and Tsamiya border posts linking Kebbi to Benin and Niger Republics in February 2026, several land borders remain restricted or under tight controls. The reopening of the Kamba and Tsamiya routes was described as a stroke of economic diplomacy that restored economic life to border communities, with over 2,000 stranded trucks beginning to move freely. However, concerns remain over smuggling and the sustainability of the policy.
2027: Atiku Vows to Reopen Borders, Develop Southern Ports if Elected
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Politics
Fuel Subsidy: Atiku’s Third U-Turn in One Week Exposes Political Posturing, Presidency Says
Fuel Subsidy: Atiku’s Third U-Turn in One Week Exposes Political Posturing, Presidency Says
The Presidency has again taken a swipe at former Vice President and African Democratic Congress (ADC) presidential candidate, Alhaji Atiku Abubakar, over what it describes as his third policy U-turn on petrol subsidy within one week, accusing him of political posturing and lacking understanding of petroleum economics. In a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the Presidency questioned whether Atiku was seriously proposing an economic policy or simply playing politics with the temporary discomfort Nigerians face.
The Presidency detailed what it described as three conflicting positions emerging from the Atiku camp within days. The first position came from Atiku’s spokesperson, Paul Ibe, who stated that the former vice president would restore petrol subsidy if elected and later phase it out, describing it as a temporary intervention to give Nigerians and businesses room to recover. The second position emerged when another senior aide, Phrank Shaibu, dismissed Ibe’s statement as an “unauthorised and misleading characterisation” of Atiku’s position. According to Shaibu, Atiku would not set a predetermined date for ending the subsidy, which would remain until domestic refining expanded, supply stabilised, competition deepened, and the market could deliver affordable prices without government support. The third position came when Atiku himself intervened hours later, insisting his position “has not changed” and that he would restore what he called a “targeted subsidy” if elected. He stated, “I will restore targeted subsidy and put purchasing power back in the hands of Nigerians.”
The Presidency argued the differing explanations amounted to more than semantics, describing it as “a serious policy contradiction.” Onanuga asked that if Atiku’s position has not changed, why did one of his principal aides say the subsidy would be temporary and phased out, why did another senior aide have to publicly disown that explanation and introduce a completely different framework based on market conditions, and why did Atiku then step in to reaffirm the original position? He added that Nigerians deserve clarity, not policy by trial and error.
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The Presidency challenged Atiku to explain precisely what he means by “targeted subsidy,” including how much it will cost, who will benefit, how beneficiaries will be identified, how it will be funded, and what objective economic conditions will determine its eventual termination. The statement said that Nigerians cannot afford another opaque and potentially costly subsidy regime dressed up in new language.
Atiku has sought to draw a distinction between his proposal and the previous import-subsidy regime. According to his Senior Special Assistant on Public Communication, Phrank Shaibu, the former vice president is proposing “a targeted, capped, transparently budgeted and independently audited intervention” to support domestic refining and production, with measurable performance-based exit conditions. Shaibu explained that you do not remove scaffolding because the calendar says so; you remove it when the building can stand securely on its own. Atiku himself stated on his X platform that he would not restore the import racket but would restore relief.
The Presidency also faulted Atiku’s argument that competition and subsidy would automatically reduce petrol prices, noting that several factors influence pump prices, including international crude oil prices, exchange rates, refining costs, transportation, and distribution. The statement said that competition can improve efficiency and margins, but it cannot magically insulate Nigeria from global crude oil prices or other input costs.
The Presidency also rejected what it described as an oversimplification of the relationship between petrol prices and food inflation. While acknowledging that energy and transportation costs affect food prices, it argued that petrol prices alone have never caused food inflation. Onanuga said that agricultural productivity, insecurity, exchange rates, logistics, storage, flooding, input costs, money supply and supply constraints also matter. He added that a serious economic programme must address these factors, as President Bola Ahmed Tinubu has been doing for the past three years, rather than reduce the entire cost-of-living crisis to petrol prices.
The Presidency further questioned Atiku’s suggestion that subsidy would “follow the barrel of crude,” pointing out that petrol accounts for only about 45 per cent of products from a refined barrel. According to the statement, diesel, which was deregulated in 2004 under the Obasanjo-Atiku administration, accounts for roughly 25 per cent of a barrel, while aviation fuel and kerosene make up about nine per cent. Onanuga asked whether Atiku would also subsidise these other products, since kerosene is used by the underprivileged to cook, and many homes and factories use diesel to power generators.
The subsidy debate has returned to the centre of the 2027 presidential contest, with Atiku seeking to position himself as the candidate who will make life more affordable for Nigerians. According to Shaibu, the choice is not removal of subsidy versus restoration of subsidy; it is Expensive Nigeria versus Affordable Nigeria. The Presidency, however, warned against what it called “policy somersaults, incoherence, destructive populism and election gimmicks,” saying the economy is too serious for such approaches.
Fuel Subsidy: Atiku’s Third U-Turn in One Week Exposes Political Posturing, Presidency Says
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