News
APC, PDP at War over Fresh N440Bn Fraud Cases against Jonathan Govt

Arguments swung left and right yesterday as the All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) exchanged words over the state of the economy and alleged fresh cases of embezzlement by Goodluck Jonathan-led administration.
APC and the PDP in claims and counter charges, accused one another of economic mismanagement and of filtering away public finds.
Alhaji Lai Mohammed, national publicity secretary, the APC, said the party has uncovered a list of new cases of the insane looting of the treasury by some officials of the Jonathan’s administration, saying the corruption mess that characterised the administration was so pervasive that until it is cleaned, Nigeria will not be able to actualise its potential.
However, Chief Olisa Metuh, PDP national publicity secretary, said discerning minds were appalled that instead of providing answers to issues of economic retrogression, the Presidency and the APC have resorted to wild allegations and insults in an attempt to cover their ineptitude and divert attention from their list of bogus promises which they have no intention to fulfil.
He said, “The PDP has severally expressed its support for a holistic fight against corruption and we have challenged the Federal Government to investigate and prosecute all corrupt persons irrespective of ethnic and political affiliations.
“We are therefore appalled that instead of getting serious with the challenges of governance, the APC is bent on inventing excuse for its crass incompetence to create and manage wealth, to the detriment of the nation.
“We challenge the APC and the Presidency to be honest enough to respond to issues instead of resorting to propaganda.
“Is the so-called mess clearing an answer for the adamant stance of the APC and President Buhari in running a government without a cabinet and a precise fiscal policy direction, a strange totalitarian approach that has taken serious toll on the economy and the polity in general?”
But the the APC, said those who would rather give comfort to the looters by dismissing the media exposure of looting cases as mere hell-raising should realise that no sane person can be silent in the face of what was unfolding as the worst cases of brazen stealing of public funds in Nigeria’s history.
It recalled that on August 16, 2015, the party listed some instances of the breath-taking looting of the treasury by some officials of the immediate past administration.
The party said it was today bringing to light three more heart-rending cases to the attention of Nigerians.
It listed the new cases as a mind-shattering $2.2bn (about N440bn) arms scandal; a $6.9m fraud by the Chief Security Officer to President Jonathan, committed under the guise of buying three mobile stages for the President; and a N2.5bn scam involving the rent of house boats.
The statement partly read, ‘’While those charged with handling these cases are finalising the details of bringing the suspects to justice, our immediate concern is the attempt by the PDP, under whose umbrella the looting took place, to blame the Buhari administration for the mess and then infer that things have been worse in Nigeria in the past three months under the APC-led Federal Government than in the 16 years under the PDP. This is totally provocative, shameless and uncharitable.
“They say we are yet to fulfil our campaign promises to Nigeria, but they have forgotten that if only the PDP/Jonathan administration had not stolen Nigeria blind, there would have been more than enough money to give school children in Nigeria, not just one but three meals a day and even pay N5, 000 to N50m to most vulnerable Nigerians, not just the N25m we promised in our manifesto.
“It is clear to all Nigerians that the debilitating impact of 16 years of the PDP’s misrule cannot be reversed in just three months.”
In response, the PDP insisted that the stealing of public funds has been going on under President Muhammadu Buhari’s watch.
It said that rather than hide their heads in shame for its abysmal performance in the last 90 days, leaders of the APC and the Presidency have continued to grope and look for excuses.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
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