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Fuel Subsidy, FX Reforms: Cabals Plot to Destabilise Nigeria — Tinubu

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5 hours ago

May 20, 2026

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President Bola Ahmed Tinubu

Fuel Subsidy, FX Reforms: Cabals Plot to Destabilise Nigeria — Tinubu

Published: May 20, 2026 | Read Time: 6 minutes

President Bola Ahmed Tinubu has raised a strong alarm that certain vested interests are attempting to destabilise Nigeria in retaliation for his administration’s removal of fuel subsidy and unification of the foreign exchange market. The President’s warning was delivered by former Ogun State Governor, Chief Olusegun Osoba, during the launch of The NADECO Story and awards ceremony for pro-democracy heroes held at the MUSON Centre in Lagos, where Tinubu also hinted at more reforms if he secures a second term in office.

President Tinubu’s message was delivered on Wednesday by Chief Olusegun Osoba, a former governor of Ogun State, during the launch of The NADECO Story and an awards presentation to democracy heroes and activists held at the Shell Hall of the MUSON Centre, Onikan, Lagos. The President, who was the special guest of honour at the event, commended pro-democracy activists and political associates for their contributions to the struggle for democratic governance in Nigeria. According to Osoba, President Tinubu said he “would not have been where he is today” without the sacrifices of those who fought for democracy in the country.

Osoba also revealed that the President promised to address several political reforms and demands being canvassed by stakeholders if he secures a second term in office. “He has asked me to tell you that, by the grace of God, many of what you have been asking him to do, he would start implementing when he gets his second term,” Osoba said. The former governor of Ogun State stated that Tinubu’s immediate focus remains economic recovery and national security .

Speaking on the economy, Osoba stated that the President believed the administration’s reforms were already producing tangible results. He pointed to the narrowing gap between the official and parallel foreign exchange markets as evidence of progress. “You can see the difference between the parallel and the official markets is virtually zero. The naira, which was about N2,000 to one dollar, is now around N1,380,” he said . According to recent data, the gap between the official and parallel market exchange rates, which previously exceeded 30 per cent, has now fallen below two per cent . The administration has also recorded significant improvements in foreign reserves, which rose from about $32 bi ll i o ninmi d - 2024 t o * *$ 49.4 billion by the end of March 2026**, representing approximately 13 months of import cover .

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On security, Osoba said the President was worried about rising threats in the South-West and alleged that some interests were attempting to disrupt the country in reaction to the ongoing economic reforms. “He is aware that there is a deliberate attempt to disrupt the peace of the country by those he knew he had offended by cancelling the multiple exchange rate regime and removing fuel subsidy,” Osoba said . Osoba added that despite opposition from entrenched interests benefiting from the old system, Tinubu remained committed to continuing reforms aimed at repositioning the economy. “Those cabals are still round-tripping, but he is determined that if this is the only thing he would do to rearrange the economy, he is ready to face it,” he added.

The President’s allegations of destabilisation come amid escalating political rhetoric as the 2027 election cycle approaches. Opposition figures have intensified criticism of the administration’s economic management, with some labelling the reforms as “organised hardship” and accusing the government of running a “Ponzi economy” . Former Vice President Atiku Abubakar, who has formally submitted his nomination forms to contest the 2027 presidential election on the platform of the African Democratic Congress, has been among the most vocal critics, describing the current economic reality as “organised hardship dressed up as reform” .

Earlier in his remarks at the MUSON Centre event, the Secretary-General and spokesman of the National Democratic Coalition (NADECO) , Chief Ayo Opadokun, described the occasion as a defining moment in Nigeria’s democratic history. According to him, the ceremony was organised to correct what he described as a long-standing omission in the country’s collective memory by formally recognising patriots, media organisations, human rights activists, diplomats and others who resisted military rule during the regime of late Head of State, Sani Abacha . Opadokun said the period between 1994 and 1998 remained one of the darkest eras in Nigeria’s political history, marked by repression, suppression of human rights and intimidation of dissenting voices. “Yet, in the face of that darkness, a courageous light persisted,” he said. “That light was carried by men and women of conviction within NADECO and beyond who chose resistance over silence, truth over fear and sacrifice over comfort.”

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Also speaking at the event, Nobel laureate Professor Wole Soyinka described Nigeria as “a republic of liars” but said the newly presented book on the country’s democratic struggle stood out for its honesty and authenticity. “I have had the occasion to describe Nigeria as a republic of liars. But this is one instance in which the nation is redeemed from that reputation of violent lies,” Soyinka said. The literary icon said he had carefully read the book and found its contents credible and truthful. “Every page of this book, which I have read carefully, rings of truth,” he stated, adding that the account was strengthened by documentary evidence and firsthand participation by the author. “The author doesn’t pretend that this is the whole story, but he tells his part of it, which is investigated,” Soyinka added.

Also speaking, the Olubadan of Ibadanland, Oba Rasheed Ladoja, said many individuals contributed to the democratic struggle away from public attention. “People think we have to be on the streets to show commitment to a cause. I don’t think so. Some of us worked in the background and did so effectively,” he said. “I am a democrat at heart and I will do anything to protect democracy.” Ladoja recalled that he went into exile following political persecution and said many untold stories remained from the pro-democracy struggle. “There are many things that happened during the democratic struggle which many people do not know. I want to urge Pa Osoba to tell his story,” he said.

During the ceremony, participants observed a minute of silence in honour of pro-democracy activists, politicians, professionals and nationalists who lost their lives during the struggle against military rule and in subsequent years. A major highlight of the event was the launch of The NADECO Story, a publication chronicling the coalition’s role in resisting authoritarian rule and defending democratic ideals. Describing the book as “a repository of truth and a chronicle of resistance,” Opadokun said the publication would help preserve the history of the pro-democracy struggle for future generations. “It offers younger generations an opportunity to understand the price of the freedoms they enjoy today, while providing scholars, policymakers and citizens with a credible account of one of the most defining periods in our national history,” he said.

The NADECO event unfolded against a backdrop of heightened political tensions. Peter Obi, the former Labour Party presidential candidate, has recently criticised the Tinubu administration, stating that “yesterday defenders of democracy, today’s destroyers” and suggesting that the late dictator Sani Abacha was “more democratic” than some former NADECO members now in power . Meanwhile, the Emir of Kano, Muhammadu Sanusi II, has raised concerns over the federal government’s continued reliance on borrowing, despite the removal of petrol subsidy, warning that weak fiscal discipline could undermine the gains expected from recent economic reforms .

Fuel Subsidy, FX Reforms: Cabals Plot to Destabilise Nigeria — Tinubu

Related Topics:cabals Featured fuel subsidy FX Reforms Nigeria

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NYSC Charges Corps Members on Election Duties as Camp Closes in Osun

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NYSC Charges Corps Members on Election Duties as Camp Closes in Osun

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2 days ago

May 19, 2026

Trends Admin

NYSC Charges Corps Members on Election Duties as Camp Closes in Osun

The National Youth Service Corps (NYSC), Osun State, has officially concluded the 2026 Batch ‘A’ Stream II Orientation Course with a low-key closing ceremony held at the NYSC Permanent Orientation Camp, Ede, marking the end of the three-week training programme for corps members deployed to the state.

Speaking at the ceremony, the State Coordinator, Mr. Ekeng Kubiangha, congratulated the corps members on the successful completion of the orientation exercise and commended their discipline, resilience, cooperation, and active participation throughout their stay in camp. He explained that the orientation course was deliberately designed to prepare corps members for the realities of national service, describing it as a foundation for nation-building, leadership development, and civic responsibility.

Kubiangha highlighted key components of the programme, including paramilitary drills, leadership training, security awareness lectures, citizenship and civic education, and the Skills Acquisition and Entrepreneurship Development (SAED) programme. According to him, these modules were structured to equip corps members with practical knowledge, discipline, and entrepreneurial skills needed to thrive beyond their service year. He urged participants not to abandon the SAED programme after leaving camp, encouraging them to take advantage of post-camp training opportunities across their local government areas to promote self-reliance, entrepreneurship, and job creation.

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The Coordinator advised corps members to settle quickly into their Places of Primary Assignment (PPA) and perform their duties with professionalism, diligence, and integrity. He stressed the importance of punctuality, dedication to duty, respect for authority, and ethical conduct, noting that the behaviour of corps members plays a vital role in shaping the public image of the NYSC scheme.

He also encouraged corps members to actively participate in Community Development Service (CDS), describing it as a key platform for identifying and addressing challenges within host communities through impactful projects. Ahead of the forthcoming governorship election in Osun State, he reminded corps members of their expected role as ad-hoc electoral officials, urging them to remain neutral, professional, and law-abiding throughout the electoral process. He warned against partisan involvement, adding that corps members must avoid any activity that could compromise their safety or the credibility of the election.

Kubiangha cautioned corps members to remain security conscious, avoid unauthorized travel, and respect the customs and traditions of their host communities. He also warned against the misuse of social media, urging them to avoid spreading fake news, misinformation, and inflammatory content that could damage the reputation of the NYSC scheme. Corps members were further advised to maintain regular communication with NYSC officials at their places of deployment.

A highlight of the event was a donation by members of the Orientation Broadcasting Service (OBS), who presented a newly fabricated metal door to the OBS studio as part of efforts to improve camp facilities. The ceremony also featured the presentation of awards to outstanding individuals and agencies for their contributions to the success of the orientation programme. Award recipients included ASP Oluwaseun Deborah as Best Collaborating Agency Representative, Staff Sergeant Bukar Mallam as Best Collaborating Camp Officer, and James Augustine as Best Camp Official (Non-Staff). NYSC staff members honoured included Mr. Waheed Ajayi (Deputy Camp Director), Miss Akinsanmi Kikelomo (Head of ICT), and Mrs. Catherine Otemuyiwa (Head of Information and Public Relations Unit).

On behalf of the Director-General of NYSC, Brigadier General O. O. Nafiu, the State Coordinator formally declared the 2026 Batch ‘A’ Stream II Orientation Course closed, wishing corps members safe journeys to their various Places of Primary Assignment (PPA) and a successful service year ahead.

NYSC Charges Corps Members on Election Duties as Camp Closes in Osun

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AFIDMURG Trains Over 150 African Researchers On Infectious Disease Systematic Review

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3 days ago

May 17, 2026

Trends Admin

AFIDMURG Trains Over 150 African Researchers On Infectious Disease Systematic Review

The African Infectious Disease Multidisciplinary Research and Grant (AFIDMURG) has successfully trained more than 150 infectious disease experts, researchers, academicians, laboratorians, policymakers and postgraduate students from Africa and other continents during a virtual workshop on systematic review reporting and infectious disease research.

The workshop, held on May 7, 2026, focused on strengthening Africa’s research capacity, improving evidence-based scientific reporting and enhancing preparedness against emerging and endemic infectious diseases across the continent.

Participants at the training came from Africa, Asia, Europe and the Americas, reflecting the growing international interest in collaborative infectious disease research involving Africa.

AFIDMURG, established in 2020, was founded with the vision of connecting African infectious disease experts and multidisciplinary researchers to solve communal health challenges linked to endemic and emerging diseases affecting the continent.

Speaking during the workshop themed “Step-by-Step Approach to a Systematic Review,” the Founder and Director of AFIDMURG, Dr. Abdul-Azeez Adeyemi Anjorin, stressed the urgent need to strengthen Africa’s contribution to global infectious disease data and scientific research.

Dr. Anjorin, the immediate past Head of the Department of Microbiology at Lagos State University, noted that infectious diseases remain among the leading causes of death globally, citing illnesses such as malaria, HIV/AIDS, tuberculosis, influenza, Lassa fever, Mpox and Ebola.

According to him, Africa must improve the quality and speed of infectious disease reporting and publication through globally recognised scientific tools such as systematic reviews.

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“The battle against infectious diseases requires experts to be well equipped, hence the need for capacity building with correct instruments like systematic review to integrate African data into the world database,” he said.

Dr. Anjorin, who also serves on several international scientific and virology networks, explained that AFIDMURG intends to train researchers in areas such as disease surveillance, grant writing, pandemic prevention, artificial intelligence applications and practical research skills.

He added that the organisation aims to foster collaboration among African scientists globally while strengthening local and international partnerships in infectious disease research.

Delivering the keynote address, Dr. Muhabat Raji of Alfaisal University, Riyadh, highlighted the growing importance of systematic reviews in evidence-based research, public health policy and clinical decision-making.

She explained that systematic reviews offer a structured and transparent approach to synthesising scientific literature, thereby improving the reliability and credibility of research findings.

Dr. Raji urged researchers to adhere to ethical standards and globally accepted reporting guidelines while conducting systematic reviews to ensure impactful and internationally relevant studies.

She also encouraged young researchers and academics to embrace interdisciplinary collaboration and continuously develop their skills in research methodologies and digital research tools.

According to her, systematic reviews not only identify knowledge gaps but also contribute significantly to policy formulation, academic development and improved healthcare practices.

The guest speaker, Prof. Ismail Ayoade Odetokun of the University of Ilorin, delivered detailed practical sessions explaining the concept and processes involved in conducting systematic reviews.

He guided participants through major stages including topic selection, research question formulation, literature search strategies, data extraction and analysis of findings.

Prof. Odetokun also discussed common challenges associated with systematic reviews and advised researchers to maintain methodological rigor, objectivity and accuracy during scientific investigations.

The virtual workshop was moderated by Emmanuel Oyinloye of Hanover Medical School, Germany, who coordinated discussions and facilitated interaction between speakers and participants throughout the event.

In his closing remarks, Oyinloye summarised key lessons from the workshop and encouraged participants to apply the knowledge gained in future academic and scientific research projects.

AFIDMURG disclosed that its overarching mission is to foster infectious disease multidisciplinary collaborations among Africans globally, collect and analyse disease outbreak data, secure research grants and publish timely scientific findings on infectious diseases affecting Africa.

The organisation also highlighted some of its previous Pan-African studies on COVID-19, vaccine surveillance and Mpox outbreaks published in international journals including PLOS One, Tropical Medicine and International Health, Vaccines, PAMJ and COVID.

AFIDMURG further announced that it remains open to infectious disease experts and researchers interested in collaborative research, grant development and public health initiatives across Africa and beyond.

AFIDMURG Trains Over 150 African Researchers On Infectious Disease Systematic Review

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Virgo International Sensitises Intending Pilgrims Ahead of 2026 Hajj

Published

4 days ago

May 16, 2026

Trends Admin

Virgo International Sensitises Intending Pilgrims Ahead of 2026 Hajj

The Grand Kadi of the Kwara State Shariah Court of Appeal, Justice Abdullateef Kamaldeen, has led practical training sessions for intending pilgrims as Virgo International Limited intensified preparations for the 2026 Hajj exercise.

The training, held during the company’s pre-Hajj seminar at Al-Hikmah University, Ilorin, focused on educating pilgrims on the rites, conduct and spiritual significance of the pilgrimage to Saudi Arabia.

Dr. Ajijolakewu

Virgo International, a licensed Hajj and Umrah operator, also announced the commencement of its 2026 Hajj airlift operations, with the first batch of diasporan pilgrims departing on May 16, while the second batch is scheduled to leave on May 17. The company added that airlift of Nigerian pilgrims would begin on May 19.

Addressing the participants, Justice Kamaldeen urged intending pilgrims to purify their intentions and remain conscious of the spiritual essence of Hajj throughout the journey.

The seminar featured lectures and practical demonstrations by notable Islamic scholars, including Sheikh Dr. Kamaldeen Ajijolakewu, Sheikh Dr. Uthman Abdulhameed and Dr. Lawal Olohungbebe, who educated pilgrims on the ethics, endurance and discipline required during Hajj.

Justice Kamaldeen

One of the lecturers, Sheikh Ajijolakewu, cautioned pilgrims against treating the pilgrimage as a social outing, stressing that Hajj demands patience, sacrifice and total obedience to Allah.

During a practical session, Dr. Abdulhameed explained the proper method of wearing the ihram, especially for pilgrims performing Hajj Tamattu, where Umrah is observed before the commencement of Hajj rites.

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Participants were also taken through demonstrations of Tawaf and other rituals using a symbolic representation of the Kaaba to provide clearer understanding of the exercise.

Dr. Sanusi during of the the practical sessions

Dr. Sanusi during one of the the practical sessions

The organisers said the seminar was designed to prepare pilgrims mentally, spiritually and physically ahead of their departure to the Holy Land.

Many of the intending pilgrims described the training as enlightening and practical, noting that the sessions helped simplify the procedures and expectations associated with Hajj.

Special prayers were later offered for the success of the pilgrims, the organisers and the 2026 Hajj operations.

Dr. Uthman

Chairman of Virgo International Limited, Mallam Nafiu Abdulrahman, who addressed participants virtually, reaffirmed the company’s commitment to providing seamless and spiritually rewarding Hajj and Umrah services.

He stated that the company has spent more than two decades in the travel and pilgrimage industry and remains committed to professionalism, hospitality and quality service delivery to pilgrims across the world.

Abdulrahman further noted that Virgo International is registered with the Hajj and Umrah Tour Operators of Nigeria and licensed by the National Hajj Commission of Nigeria (NAHCON) to conduct Hajj and Umrah operations.