Politics
Tinubu Denies Rift With Fashola
The National Leader of the
All Progressives Congress (APC), Afwaju Bola Ahmed Tinubu, has denied ever sporsoring any recent attacks against the immediate past governor of Lagos State, Mr. Babatunde Raji Fashola.
Fashola in recent time, has been under serious attacks by which alleged that the former governor was corrupt and therefore incompetent to be appointed a Minister by President Muhammadu Buhari.
A report on the Lagos State government’s website alleged that Fashola spent N78.3m on his personal website, www.tundefashola.com and N139m to construct two boreholes at the Lagos State Government House, Ikeja, when he was governor.
There had been speculations that the reports were being sponsored by Tinubu as part of efforts to discredit Fashola and deny him the opportunity of being appointed into President’s cabinet.
But Tinubu, who is Fashola’s predecessor and political mentor, denied the allegations, saying the series of attacks against Fashola were being sponsored by the opposition party, the Peoples Democratic Party (PDP) with the aim of causing disaffection between him and Fashola.
The APC leader, in a statement issued by his media office on Wednesday and made available to The Tide, said he had nothing against Fashola, adding that Fashola served the state meritoriously for eight years.
Condemning those calling for Fashola’s probe, Tinubu said he and Fashola will forever remain close because they had struggled together.
According to him, any criticism of Fashola was an indicatment on him because he was instrumental to making Fashola governor.
The statement partly reads, “Our political opponents now try to steal victory when their only entitlement is resounding defeat. Having fared woefully with the electorate, their game plan is to saw discord within the ranks of the party the people had chosen to lead them. The PDP hopes to strike a division in the APC, in that way weakening us and our ability to govern.
“This brings me to recent developments in Lagos political scene. Born of this motley stew is the recent gossip mongering that I have willfully instigated false and negative reports against former Governor Fashola to thwart him from being appointed to a major post in the Buhari administration.
“I want to declare clearly and categorically that these rancid attacks do not come from me nor do I endorse them. Neither my hand nor my heart is in these mean submissions. I deplore them.
“An attack against the performance of Governor Fashola is indirectly an attack against me and the edifice of achievements we have constructed in leading Lagos State out of a protracted time of stagnation and into an era of sustained progress and development”.
Boye Salau
Politics
Senate Receives Tinubu’s 2026-2028 MTEF/FSP For Approval
The Senate yesterday received the 2026-2028 Medium Term Expenditure Framework and Fiscal Strategy Paper from President Bola Tinubu, marking the formal launch of the 2026 federal budget cycle.
In a letter addressed to the upper chamber, Tinubu said the submission complies with statutory requirements and sets out the fiscal parameters that will guide the preparation of the 2026 Appropriation Bill.
He explained that the MTEF/FSP outlines the macroeconomic assumptions, revenue projections, and spending priorities that will shape Nigeria’s fiscal direction over the next three years.
The letter was read during plenary by the Deputy President of the Senate, Senator Barau Jibrin (APC, Kano North), who urged lawmakers to expedite consideration of the document.
“It is with pleasure that I forward the 2026 to 2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper for the kind consideration and approval of the Senate.
“The 2026 to 2028 MTEF and FSP were approved during the Federal Executive Council meeting of December 3, 2025, and the 2026 budget of the Federal Government will be prepared based on the parameters and fiscal assumptions therein,” the President stated.
Last week, the Federal Executive Council approved the fiscal projections, pegging the oil benchmark price at $64.85 per barrel and adopting a budget exchange rate of ?1,512/$1 for 2026—figures expected to significantly shape revenue forecasts and expenditure planning.
After reading the President’s letter, Jibrin referred the document to the Senate Committee on Finance, chaired by Senator Sani Musa (APC, Niger East), with a directive to submit its report by Wednesday, December 17.
The Senate adjourned shortly after to allow committees to commence scrutiny of the fiscal framework and continue the ongoing screening of ambassadorial nominees.
Tinubu’s communication to the Senate came less than 24 hours after he transmitted the same MTEF/FSP documents to the leadership of the House of Representatives.
The letter was read on the House floor by the Deputy Speaker, House of Representatives, Benjamin Kalu, who also urged timely legislative action as required by law.
The MTEF and FSP are statutory instruments mandated by the Fiscal Responsibility Act and serve as the blueprint for Nigeria’s annual budgets.
They outline the government’s fiscal stance, macroeconomic assumptions, revenue frameworks, projected deficits, and sectoral priorities over a three-year period.
The Tide reports that approval by the National Assembly is a prerequisite for the executive to present the Appropriation Bill for the next fiscal year.
Politics
Withdraw Ambassadorial List, It Lacks Federal Character, Ndume Tells Tinubu
In a statement on Saturday, the former Senate Leader stated that the allocation of nominees across states and geopolitical zones falls short of the constitutional requirement for fair representation in the composition of the Federal Government.
The ex-Senate Whip warned that allowing the list to pass could deepen ethnic suspicion at a time when the administration should be consolidating national unity.
He highlighted disparities in the spread of nominees, noting that while some states have three or four slots, others have none. He also cited the inclusion of Senator Adamu Garba Talba from Yobe, who reportedly died in July.
“The entire North-East states have seven nominees in the list. Further checks revealed that the South-West geo-political zone has 15 nominees, while North-West and South-East have 13 and 9, respectively.
“North-Central region has 10 nominees in the list of career and non-career ambassadorial nominee while South-South parades 12 nominees,” Senator Ndume said.
According to him, such imbalances could heighten tensions and undermine Section 14(3) of the Constitution.
“My sincere appeal to President Tinubu is to withdraw this list. At this critical juncture in his administration, he should avoid missteps that could undermine national unity and foster ethnic distrust.
“I know him to be a cosmopolitan leader who is at home with every segment and stakeholder in the country. He should withdraw that list and present a fresh set of nominees that will align with the spirit of the Constitution on the Federal Character Principle,” Senator Ndume added.
Politics
PDP Vows Legal Action Against Rivers Lawmakers Over Defection
He accused the legislators of undermining the sanctity of the legislature and acting as instruments of destabilization.
“The members of the Rivers State House of Assembly have, by their actions since they assumed office, shown that they are political puppets and a clog in the wheels of democratic progress,” Comrade Ememobong stated, adding that “They will go down in history as enemies of democracy and those who made mockery of the legislature.”
“So the easiest way to describe their action is a defection from APC to APC,” he said.
Comrade Ememobong announced that the party would deploy constitutional provisions to reclaim its mandate from those who have “ignobly and surreptitiously” abandoned the platform on which they were elected.
“Consequently, the PDP will take legal steps to activate the provision of the Constitution of the Federal Republic of Nigeria (1999 as amended) to recover the mandate gained under the banner of our party which these people have now switched to another platform,” he said.
He urged party members in Rivers State to remain calm and steadfast.
“We urge all party members in Rivers State to remain faithful and resolute, as efforts are underway to rebuild the party along the path of inclusiveness, fairness and equity,” Comrade Ememobong assured.
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