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Nigeria is Broke, Buhari Declares

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Muhammadu Buhari, Nigeria’s president
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President Muhammadu Buhari has officially declared that Nigeria as a country is indeed broke. The president at a press conference after the India-Africa Summit, which took place in New Delhi, India, President Buhari, said that the country is at the moment struggling to pay workers salaries.

He however said that he would he wants to be remembered as a Ni­gerian president who fought corruption to a standstill, assuring Nigerians, who are not involved in corruptly enriching themselves with public funds, not to be afraid.

While assuring Nigerians, who are not involved in corrupt practices not to panic, he said that in the coming days he would have to prune the number of min­istries so as to be able to pay salaries

Responding to critics of his adminis­tration who claim he was too slow in ad­dressing economic and infrastructural chal­lenges facing the country that’s yearning for urgent development, Buhari said “they call me baba go slow, but I will go slow and steady”.

He called on the elite to encourage him to get whoever had compromised his posi­tion and the trust given to him.

President Buhari told the gathering that he remained resolute in the fight against corruption and would want to be remembered for that when it is all said and done.

His administration has three main focus – security, economy and the fight against corruption. But he has roundly been criti­cised by the opposition Peoples Demo­cratic Party (PDP) as being selective in the fight.

On whether there will be an extension of a three-month deadline given by his ad­ministration to flush out Boko Haram from Nigeria’s north-east, the President said that the target was to get rid of terrorism and not about meeting deadline.

See excerpts of interview:
How much have you recovered so far in your fight against corruption and how do you feel when people say you are be­ing selective?
I can’t tell you off hand how much we have recovered. For those who accuse us of being selective, if they are not involved in corruption, they wouldn’t have been saying that, they would be the ones to encourage us to get whoever that has compromised in his position of trust.
Those who are not cor­rupt should even encourage us to do more. I’m not selective. But whoever that is cor­rupt would be given up for prosecution so that Nigerians will know we are serious about this fight.

The three months target you gave the military to flush out Boko Haram, if they don’t meet the target would there be an extension?
The main objective is to get rid of Boko Haram whether it is within the time you gave to the military or outside it. We main­tain cardinal objective and we would sup­port them.

The PDP and APC in the NASS have been polarised following the confirmation of your ministerial nominees. Does that bother you?
This is teamwork. I didn’t work with the Presidency alone, I have to defend all the three chains of government from all parts of the country and we cannot work outside the constitution, it must be a cabinet representa­tive of each state.
We cannot afford votes for all ministers, some may not be successful ministers, but they would sit in cabinet, be­cause that is what the constitution says, and we cannot operate outside the constitution.

Are you reducing the number of ministries?
Of course, the country is broke

There are talks that your government is too slow in addressing infrastructure?
Where is the money? You must have known that the Federal Government has to help 27 states out of 36 to pay salaries.
Nigeria cannot pay salaries; the Federal Government itself has to summon the Governor of Central Bank on how it could pay salaries, not to talk of projects, agreements we signed with other countries on counterpart funding and so on.


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Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

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Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.

Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.

Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.

To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.

Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.

“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”

The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.

“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.

 


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Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

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Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos Govt

Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.

GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.

Individuals owe N13.5 million to N35 million each.

Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.

More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.

Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.

Pedro urged prompt filings and payments.


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Beware of Fake Cerelac Products – NAFDAC

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National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

Beware of Fake Cerelac Products – NAFDAC

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.

It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.

NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).

Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.

NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.

It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.

According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.

“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.

“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.

The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.

It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.

NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.

It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.

The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.


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