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N1.032trn Etisalat, Keystone Bank Buying: PDP Dares Buhari To Answer Atiku …Threatens To Expose President’s Corruption Details …Insists Buhari Has No Integrity
Following the allegation made by its presidential candidate, Atiku Abubakar that family members of President Muhammadu Buhari acquired Etisalat Nigeria and Keystone Bank Plc at the tune of N1.032 trillion, Peoples Democratic Party (PDP) Presidential Campaign Organisation (PPCO) yesterday challenged the President to answer its presidential candidate.
The campaign organisation further stated that against the backdrop of this allegation, the President lacks integrity to seek re-election.
Fielding questions, while addressing newsmen at a press conference in Abuja, the Director, Media and Publicity of PPCO, Kola Ologbondiyan, who refused to give more details, added that if President Buhari refused to answer to the allegation, it means he has agreed with the revelation.
He further said that if the President answer to the allegation, the campaign organisation will give more detail, adding that his silence will means consent.
Addressing newsmen, Ologbondiyan declared that President Buhari no longer has the moral standing to seek re-election until he directly answers its Presidential candidate, Atiku, on the revelation that the President has soiled his hands in the alleged corrupt acquisition of Etisalat Nigeria and Keystone Bank Plc.
He said that President Buhari should perish the thought of going ahead with his re-election campaign without clearing this pertinent issue, because it directly bothers on his integrity both as a person and the exulted office of the President of the Federal Republic of Nigeria.
The campaign media director challenged the President to explain how “his family members came about the sum of N1.032 trillion for this scandalous acquisition.
“Nigerians are not interested in mere rhetoric or attempts by the Buhari Presidency to divert public attention from the issue at hand, but demand that President Buhari, who hitherto prides himself as Mr. Integrity, squarely addresses these grave issues in person.
“This is not an issue for President Buhari’s aides to howl about in the media, it touches directly on his person, particularly his perception as a symbol of the Talakawas. He must therefore address them on this issue.
“It is a norm that he who comes to equity must come with clean hands. President Buhari and his family members have entangled themselves in corruption. Mr. President’s hands can no longer be said to be clean, until he proves otherwise.
“The PPCO wants Nigerians and the whole world to note that President Buhari’s refusal to personally address this matter means consent.
“We, therefore, dare President Buhari to put forth a denial on this disclosure by our candidate and we will spare no thoughts in furnishing the public with details of his corrupt activities within and outside Nigeria.
“Our party has full details of how persons related to President Buhari, by consanguinity and affinity, have been paved the way to loot trillions of naira from government agencies for corrupt acquisition of shares in major companies, purchase expensive property within and outside Nigeria, as well as to finance their very luxury lifestyles, under Mr. President’s cover.
“In fact, no Nigerian has made more money in the last three and half years than relations of President Buhari, many of whom have found themselves controlling stupendous wealth frittered from our economy, yet our President is asking Nigerians to get ready for more hardship in the coming year.
“Our party is privy to the facts of how these relations of the President have been hounding government agencies, major business concerns and intending foreign investors over kickbacks as well as strangulating companies that refuse to accede to their demands.
“Nigerians will also recall how the Buhari Presidency muted the case of the Aide of the First Lady, Mr. Baba-Inna, who was arrested in September this year, over accusations of receiving N2.5 billion from politicians, businessmen and women on behalf of the First Lady.
“Nigerians can also recall how the Buhari Presidency gagged the confession of one Amina Mohammed, paraded by the Department of State Services (DSS), who stated in public that persons close to President Muhammadu Buhari were involved in serial fraud and looting of public resources under the official cover of the Buhari Presidency.”
Making reference to what Governor of Kaduna State, Mallam Nasir El-Rufai said about the President in 2010, Ologbondiyan said, “In fact, there is incontrovertible evidence, as provided by the Governor of Kaduna state, Mallam Nasir El-Rufai that President Buhari is not as clean as his handlers want Nigerians to believe.
“In October 4, 2010, El-Rufai accused Buhari of corruption in allowing 53 suitcases belonging to his ADC’s father to enter Nigeria unchecked at a time the country was exchanging old currency for new in 1984.
“President Buhari should therefore not continue to dress himself in borrowed garb of integrity until he cleans himself of the stinking corruption of his acolytes, family and friends under his cover.”
Nneka Amaechi-Nnadi, Abuja
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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