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Again, Tinubu markets Nigeria to Global Investors in France

President Bola Tinubu has met with global investors in Paris, France, emphasising transparency, fiscal discipline and sustained economic reforms.

The engagement is contained in a statement issued by Presidential Spokesperson, Bayo Onanuga in Abuja.

At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted Nigeria’s strong economic performance.

Oyedele said Nigeria recorded 11.2 per cent GDP growth in dollar terms in 2025.

He said the performance reinforced the country’s ambition to achieve a $1 trillion economy by 2030.

The minister outlined government’s priority of translating reforms into tangible benefits for citizens and pledged quarterly publication of financial data to strengthen transparency.

The Director-General of the Debt Management Office, Patience Oniha, assured investors of prudent debt management, stressing that government remained committed to sustainable financing strategies.

According to the Presidency, investors at the meeting include representatives from Citibank, Amundi, BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, Prudential Global Investment Management and Mesarete Capital.

Tinubu, who left Nigeria on Sunday for a three-nation trip, said his administration’s reform programme targets macroeconomic stability and inclusive growth.

He noted that measures were being implemented to remove economic distortions and strengthen policy credibility.

“The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” he said.

The President also reiterated commitment to transparency in the oil sector and a multi-pronged security strategy.

He said the strategy includes decentralisation of policing and efforts to curb terrorist financing.

Some of the investors who spoke at the meeting commended the reforms and expressed optimism about Nigeria’s economic outlook.

Responding to a question on his post-2027 agenda, Tinubu pledged to sustain fiscal discipline, transparency and policy consistency.

Credit NAN: Texts excluding Headline

Again, Tinubu markets Nigeria to Global Investors in France
Economy
06-May-2026

How I was deceived to be part of Coup Plot against Tinubu - Presidential Villa Worker

Zekari Umoru, one of the defendants in the ongoing trial of six persons allegedly involved in the plotting of a coup against President Bola Tinubu government, on Tuesday said he was deceived by co-suspects.

Umoru, a Julius Berger Nigeria Plc employee in the Maintenance Department, Presidential Villa, Abuja, spoke in a video evidence played before Justice Joyce Abdulmalik of the Federal High Court in Abuja.

Umoru is the 4th defendant in the alleged treasonable charge.

In the video recordings of his extra-judicial statement, Umoru narrated how his contact with individuals later identified as key figures in the case began in May 2025, through the 3rd defendant, Insp Ahmed Ibrahim, also attached to the Presidential Clinic.

He told investigators that Ibrahim introduced him to a man called, Hassan Mohammed, who he later identified as “Col. Mohammed Ma’aji,” under the pretext of offering him electrical work at a building under construction.

Umoru said he initially took Ma’aji for a civilian businessman after receiving money transfers bearing his name.

He recounted multiple instances where he received money from Ma’aji, sometimes in the presence of Ibrahim.

The 4th defendant also described several visits by Ma’aji and another associate, Usman, who he later discovered to be a military personnel.

He told the court that during one of the meetings at a location identified as “Tiger Bar,” Ma’aji gave money ranging between ₦100, 000 and ₦120, 000 to him and his associates after buying drinks and making inquiries about their professions.

A more significant transaction, according to the video evidence, occurred on September 24, 2025, when Ma’aji allegedly handed Umoru a “Ghana-Must-Go” bag containing cash.

The Julius Berger employee said he deposited the money at a branch of Zenith Bank, where it was counted as ₦8.8 million.

He further stated in the video recording that the following day, he and Ibrahim met Ma’aji again, during which an additional ₦2 million was given, with instructions that Ibrahim would later brief him on further details.

Umoru, however, told the investigators that he later became uncomfortable with the continuous flow of money and pressed Ibrahim for clarification.

According to him, Ibrahim claimed that Ma’aji was dissatisfied with the state of the country and was planning to “sanitise the government,” allegedly with the support of unnamed associates described as “boys.”

He further alleged that Ibrahim suggested a plan involving an ambulance driver to facilitate access into the Presidential Villa, with expectations of financial gain.

But Umoru maintained in the video that he was unaware of any concrete plan to overthrow the government and insisted that his participation was unintentional.

He also described an incident where he accompanied Usman into the Presidential Villa.

Umoru stated that security personnel at the gate did not question them after he told them that the visitor was there to see him.

He said he later found Usman taking photographs in his office and warned him against such actions.

He, however, denied knowledge of any coup plot throughout the video recording session, insisting that he was misled by Ibrahim.

He stated that he would have distanced himself from Ma’aji had he known he was a military officer or had any intention beyond business dealings.

Umoru also expressed regret, apologising to his employers and affirming his support for President Tinubu administration.

Another video recording involving an Islamic cleric, Sheikh Imam Kassim Goni, was also played in the open court.

Goni, in the video, said he relocated to Karu in Abuja after fleeing insurgency in Maiduguri in Borno.

The cleric denied any involvement in the coup plot.

He told the investigators that he received funds from Col. Maaji strictly for prayers and charitable purposes, including requests for spiritual intervention following his alleged setback in promotion.

He maintained that all cash received were tied to religious activities, not political or military objectives.

The investigators, however, pointed out discrepancies between his claims and financial records, indicating that funds had been transferred to him as early as March 2023—months before the alleged promotion issues he referenced.

The investigators also pointed out additional records showing transactions running into millions of naira, including a ₦10 million transfer in October 2024.

The investigators stated that discussions referenced in the videos, including remarks about gaining access and acquiring “work tools,” raised concerns about a broader scheme.

Meanwhile, counsel to the 5th defendant (Goni), Michael Numa, SAN, told the court that he just received the video exhibit of his client.

Numa said he would need more time to go through the exhibit.

Justice Abdulmalik subsequently adjourned the matter until May 11, May 12 and May 13 for continuation of trial.

The Federal Government, through the Office of the Attorney-General of Federation (AGF), had arraigned the defendants on 13-count charge before Justice Abdulmalik.

The charge, marked: FHC/ABJ/CR/206/2026, was filed on April 20 by the Director, Public Prosecutions of the Federation, Rotimi Oyedepo, SAN.

Those named in the charge are retired Maj.-Gen. Mohammed Ibrahim Gana, Cap. (NN) Erasmus Ochegobia Victor (rtd), Insp Ahmed Ibrahim, Zekeri Umoru, Bukar Kashim Goni, and Abdulkadir Sani as 1st to 6th defendants respectfully.

The former Minister of State for Petroleum Resources, Timipre Sylva, who is alleged to be part of the act, is listed as being at large.

The defendants were accused of offences ranging from treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.

Credit NAN: Texts excluding Headline

How I was deceived to be part of Coup Plot against Tinubu - Presidential Villa Worker
News
05-May-2026

Minister on Nigeria's Economy: We are not where we want to be but...

The Minister of Budget and Economic Planning, Abubakar Bagudu, says achieving Nigeria’s one trillion dollars economy target within the next five years will depend on inclusive, innovative, and resilient national planning.

Bagudu disclosed this in Abuja on Tuesday at the Nathaniel Atebije Foundation for Planning Advocacy (NAFPA) Maiden Annual Lecture themed “The Renewed Hope Agenda: The Physical Planning Perspective”.

The minister described the target as a challenge and a responsibility, noting that national planning must go beyond economic projections to include physical, environmental, cultural, and social dimensions.

“Under the 2030 National Development Plan, President Bola Tinubu has challenged us to see how we can generate a one trillion dollars economy from the current 300 billion dollars in the next five years.

“Within the context of my mandate, national planning is physical, financial, environmental, and diplomatic in its many things all together, consistent with our constitution.

“Achieving it depends on three elements, inclusiveness, resilience, innovativeness. It includes everyone. Everyone has a role to play.”

Bagudu stressed that inclusivity remained central to Nigeria’s development strategy, warning that poor planning and execution have historically contributed to conflicts across the country.

The minister linked these priorities to the administration’s “Renewed Hope Agenda,” which he described as a unifying framework focused on growth, inclusion, and innovation rather than blame for past challenges.

“We are not where we want to be. But instead of dwelling on the past, we must make the right choices to move forward choices that will grow the economy and include all Nigerians,” he said.

Jeremiah Ojediran, a Guest Lecturer and Vice-Chancellor of Bells University, Ota, Ogun, said without planning, policies remained aspirations while policies became implementable realities with proper planning.

“Development in Nigeria has been fragmented. You cannot build roads without housing, or provide electricity without jobs. Everything must be interconnected.”

He, therefore, called for a shift from reactive to proactive planning, noting that infrastructure interventions in Nigeria often occur only after crises such as flooding or congestion.

“It is after flood that we start talking about drainage. After congestion, we begin to act. Planning must be central, not an afterthought,” he emphasised.

The Chairman of the occasion, David Garba, said the theme of the maiden lecture was very apt as it addressed pressing issues in Nigeria.

Garba said, “A lot of times we have been so worried in physical planning because there has not been a lot of connectivity between physical planning and economy planning.

“When we don’t have that connection, a lot goes wrong as what you have is disjointed physical development within our urban centre, thus the need for this lecture.”

Also speaking, the Chairman, Board of Trustees of the foundation, Olutoyin Ayinde, said the mission of NAFPA was to advocate for urban planning that prioritised  inclusion, resilience, and innovation.

Ayinde said this would amplify the voices of the underserved, champion sustainable solutions, and bridge the gap between policymakers, planners, and the communities they serve.

“Our concern should not be merely about things like bricks and mortar, roads and bridges, or blueprints and budgets, but truly about people, who are the heartbeat of every human settlement planning and development.

“It should also be about the child who deserves a safe park to play in, the worker who needs to commute daily, and the elder who longs for a community that honours their presence, and where they can have their final rest.

“Such environment promotes sustainability, and when our children and children’s children find themselves in such environments, they will bless us. Are we ready to take the responsibility?” he asked.

The Founder of NAFPA, Nathaniel Atebije, said the lecture aimed to draw national attention to the state of urban and regional planning with particular emphasis on the implications for order, sustainability and human dignity in cities.

“Nigeria stands at a critical moment in its urban development journey. The choice before us is clear.

“We can either continue on the path of disorder and crisis, or embrace planning as a tool for order, sustainability and national development.

“The Nathaniel Atebije Foundation for Planning Advocacy calls on government, professionals, developers and citizens to work together to restore order, justice and dignity in our built environment.”

Credit NAN: Texts excluding Headline

Minister on Nigeria's Economy: We are not where we want to be but...
Economy
05-May-2026

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