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Uproar as Buhari Makes Fresh Request for $29.96bn Loan

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President Muhammadu Buhari on Thursday re-sent the $29.96bn 2016-2018 external borrowing plan to the Senate for its consideration and approval.

Buhari made the request a day after the International Monetary Fund warned Nigeria against rising debts. T he Debt Management Office has said out of Nigeria’s total debt profile of N25.7tn as of June 2019, external borrowing accounts for about 32 per cent while the 68 per cent is domestic.

The President’s financial plan was approved by the Federal Executive Council in August 2016 and sent to the 8th Assembly in September 2016.

The leadership of the federal parliament led by Senator Bukola Saraki and Yakubu Dogara, invariably rejected the request in November 2016.

Buhari had asked the 8th Assembly to approve plans to borrow the amount abroad to fund infrastructure plans from 2016 to 2018.
The President of the Senate, Ahmad Lawan, who read the fresh request sent by Buhari during plenary, did not give details of the executive communication.

In the letter, dated November 26, 2019, Buhari said the 8th National Assembly approved only a part of the External Borrowing request forwarded to it in September 2016.

This, according to him, stalled the Federal Government’s implementation of critical projects spanning across the mining, power, health, agricultural, water and educational sectors.

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Ex-Minister Nnaji Resigns to “Protect Integrity,” Denies Forgery Claims

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Former Minister of Innovation, Science and Technology, Geoffrey Nnaji, has stepped down from President Bola Tinubu’s cabinet, citing the need to safeguard his integrity and prevent distractions to the government’s Renewed Hope Agenda.

The Presidency confirmed Nnaji’s resignation on Tuesday, following heightened public scrutiny over allegations of certificate forgery and inconsistencies in his academic records.

In a statement released the same day, Nnaji said his decision came after “careful reflection and consultations with family, associates, and well-meaning Nigerians.” He described the claims as part of a “sustained campaign of falsehood” that he believes is politically motivated, aimed at undermining both his character and office.

“These baseless allegations and media distortions have caused personal distress and begun to distract from the important work of the ministry and the Renewed Hope Agenda,” he said.

Nnaji emphasized that his resignation should not be interpreted as an admission of guilt, but rather as a personal choice to uphold due process and allow judicial proceedings to take their course.

“I cannot, in good conscience, allow these distractions to overshadow the noble objectives of the Tinubu administration,” he added, reaffirming his decades-long record of dedication and service.

Appointed in August 2023, Nnaji’s tenure ended amid investigations into alleged procurement irregularities and a public dispute with the Enugu State Government over the certificate forgery allegations.

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Gov AbdulRazaq Blames Saraki, PDP for Kwara’s Security Woes — Cites 2018 Offa Robbery

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Kwara State Governor, AbdulRahman AbdulRazaq, has blamed the deteriorating security situation in the state on the legacy of the 2018 Offa bank robbery, linking the incident to the leadership of former Senate President Bukola Saraki and the Peoples Democratic Party (PDP).

Speaking with journalists during a visit to Oke-Ode, the governor accused Saraki of “playing politics with security” and urged him to take responsibility for the tragic robbery incident that claimed 33 lives before criticising the current administration.

> “It was under PDP. Bukola Saraki bears a court statement that he is the leader of PDP in Kwara. Under his leadership, 33 people were killed in one day,” AbdulRazaq said in a viral video.

The governor further alleged that the armed gang behind the deadly robbery were Saraki’s loyalists, claiming they used “Aso Ebi of Saraki’s wedding” and vehicles branded with his name during the operation. He maintained that the PDP lacked the moral authority to challenge his government’s efforts in tackling insecurity.

In September 2024, a Kwara State High Court delivered judgement on the case, sentencing five suspects to death by hanging after finding them guilty of armed robbery and culpable homicide.
The convicts — Ayoade Akinnibosun, Azeez Salahudeen, Niyi Ogundiran, Ibikunle Ogunleye, and Adeola Abraham — were part of the gang responsible for the massacre.

Meanwhile, several communities in Kwara South and Central, including Oke-Ode, Patigi, and Marri, continue to suffer repeated attacks by armed gangs, leading to rising fear among residents and mass displacement from rural areas.

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Kwara insecurity: NAF runs air strike at Babanla, Kakihun, Oke-Ode, others

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The Nigerian Air Force (NAF) Air Component, OPERATION FANSAN YAMMA (OPFY) Sect 3, on 28 September 2025 conducted multiple coordinated missions across Kakihun, Oke-ode, Babanla and surrounding areas. Reconnaissance and close air support operations were executed to deter threats, while hostile elements sighted east of Babanla were decisively engaged. Concurrent surveillance flights also covered key settlements and military positions, gathering critical intelligence to support ground forces.

These missions reaffirm NAF’s commitment to protecting troops and civilians, maintaining air superiority, and sustaining pressure on hostile actors. All operations were completed successfully. The NAF assures Nigerians of its unwavering resolve to defend the nation’s territorial integrity and safeguard communities against threats. Citizens are encouraged to remain confident, vigilant, and supportive of the Armed Forces as decisive actions continue to restore lasting peace and security across the country.

Ehimen Ejodame
Air Commodore
Director of Public Relations and Information,
Headquarters, Nigerian Air Force.
29 September 2025

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