News
$49.8bn Scam: Jonathan Orders Sanusi To Resign
In a move that may be bad for the image of a leader that has been criticised for his lackadaisical stance on corruption, President Goodluck Jonathan has asked the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, to resign immediately.
The Tide gathered that the president allegedly took the decision on the grounds that the letter Sanusi wrote to him on the unremitted $49.8 billion oil revenue to the Federation Account was leaked to former President Olusegun Obasanjo by the CBN governor.
Just months to the end of his tenure as governor, Sanusi has, however, refused to resign, even as he denied leaking the letter to anyone.
He was said to have informed the president during the heated telephone exchange that he could only be removed by two-thirds of the Senate as required by law.
The president was reported to have called Sanusi and accused him of leaking the letter to Obasanjo, which enabled the latter to use it as one of many allegations he levelled against him in his letter titled: “Before It is Too Late”.
According to a Presidency source, the president was very angry and was not prepared to allow Sanusi proceed on his terminal leave in March, and therefore, asked him to tender his resignation before the close of business last Tuesday.
Angered by the president’s position, Sanusi, who denied that he had leaked his letter to Obasanjo, made it clear he would not be forced out, except he is removed by two-thirds of the Senate.
Faced with that difficult choice since majority of Peoples Democratic Party (PDP) members have decamped to the All Progressives Party (APC), the President and his aides have allegedly decided to suspend the CBN governor, and use security operatives to prevent him from entering the premises of the bank until the end of his tenure in June, 2014.
The meeting yesterday, sources said had perfected strategy to allow Sanusi go to court to seek redress while the President appoints current Deputy Governor, Financial Systems Stability, Kingsley Moghalu as interim CBN governor to oversee the affairs of the bank until a substantive governor is appointed in June.
But Sanusi had told the president that the letter was available in the Presidential Villa, Finance Ministry and the Central Bank of Nigeria, and wondered how he (Sanusi) could have leaked the letter, which was so widely circulated, to a former two-term president of Nigeria who has his people all over the place.
Sanusi also expressed surprise that the president could ask him to resign instead of the president looking for those responsible for the non-remittance of the funds.
Sources say his response threw the president aback, degenerating into a heated exchange during which Sanusi told the president that as the Federal Government’s Chief Economic Adviser, mandatorily required to bring issues of critical economic importance to the attention of the president, he had done a patriotic duty to his country.
“He informed the president that it is necessary to deal with the issues and not the letter that had been leaked since it has been established that it was not $49.8 billion that had not been remitted to the Federation Account, but $10.8 billion, which was still in dispute.
“Sanusi felt he was being forced out for doing his patriotic duty to his country by drawing attention to the unaccounted funds. He only has two months to go, so this was a ploy to force him out and destroy his career and reputation.
“He knew this and for this reason, refused to throw in the towel as requested by the president,” a source told newsmen.
The president was said to have however remained adamant and insisted on the CBN governor’s resignation.
The Presidency is reported to be worried that Sanusi has remained adamant in exposing the corruption in NNPC by insisting that a proper audit of the account of the corporation be carried out by an external auditor, especially after the NNPC could not still account for $18 billion in crude oil sale between January 2012 and December 2013 in recent accounts reconciliation meetings between the CBN and NNPC.
It would be recalled that Sanusi had written to the president in September informing him that, among other issues, the Nigerian National Petroleum Corporation (NNPC) had not remitted $49.8 billion of oil revenue to the Federation Account over a 19-month period.
Although the letter was not made public until December 4, 2013 when it was leaked, Obasanjo referred to it in his letter dated December 2, 2013, to the president.
News
NDLEA Seizes Cocaine Hidden In Dry Fish, Arrests Grandpa With Meth
The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of cocaine concealed in heads of imported dry stock fish and arrested a key member of the syndicate responsible for shipping the drugs abroad.
The agency disclosed this in a statement issued yesterday by its Director of Media and Advocacy, Femi Babafemi.
He said the arrest and seizure followed intelligence on trans-border criminal activities.
Babafemi said the intelligence led to a sting operation by operatives of the Murtala Muhammed International Airport Strategic Command of the Agency at the Ojo area of Lagos on Thursday, March 19, 2026.
“In the course of the operation, three jumbo size bags were found in possession of the kingpin 36-year-old Akputa Dickson Ejike.
“A search of the bags led to the recovery of Two Hundred and Thirty-Seven (237) wraps of cocaine buried in the heads of imported dry stock fish locally known as ‘Okporoko.’
“The cocaine pellets have a gross weight of 5.80 kilograms. The consignment was intended for export to Delhi, India,” the statement read.
In a separate operation on Wednesday, March 25, NDLEA operatives from the Directorate of Operations and General Investigation (DOGI) intercepted two consignments bound for the United Kingdom at a courier company in Lagos.
“In one of the shipments that originated from Cotonou, Benin Republic, 1.9 kilograms of methamphetamine were found concealed in automobile filters while the second parcel contains 40 ampoules of Morphine Sulphate and nine ampoules of Fentanyl,” the statement said.
Babafemi added that on March 26, a Special Operations Unit (SOU) raided the home of 46-year-old Omolade Abigail Jolayemi, known as “Iya Ghana,” at 13 Carter Street, Yaba, Lagos.
According to him, she and her associate, 31-year-old Sarah Zainab Agbabiaka, were arrested after operatives recovered 135 blocks of cannabis weighing 76.30 kilograms.
“Same day, the SOU operatives also arrested Anayo Lucky Ohabiro, 39, at Doyin bus stop, Surulere, Lagos following credible intelligence. A total of 78 blocks of Ghana Loud weighing 41kg were seized from him,” he said.
In Ekiti State, the statement added that “an 80-year-old grandpa, Oke Samuel, was on Thursday 26th March arrested by NDLEA operatives during a special raid operation at Mosafuneto camp, Erinmo road, Efon-Alaaye Ekiti. A total of 2.2kg skunk and 1.8grams of methamphetamine were recovered from him.”
Another suspect, 37-year-old Enuwa Kehinde Kingsley, had 894.72 kilograms of skunk seized from an uncompleted building in Ogbese, Akure North, Ondo State.
Elsewhere, 35-year-old Saater Nyam was apprehended at Pevi village, Guma LGA, Benue State, with 116.7 kilograms of skunk on Tuesday, March 24.
In Edo State, a warehouse raid in Ekpoma town, Esan West LGA, on Monday, March 23, led to the arrest of 25-year-old Felix Donald and the seizure of 576.5 kilograms of skunk and 33 bottles of codeine-based syrup.
In Taraba State, Babafemi said NDLEA officers intercepted a truck carrying 100 blocks of compressed skunk weighing 135 kilograms concealed in animal feed bags from Garbachede to Gombe State on Tuesday, March 24.
Two suspects, 21-year-old Osama Mamuda and 22-year-old Auwal Umar, were arrested in connection with the seizure.
Babafemi noted that the agency has also continued its War Against Drug Abuse social advocacy, conducting sensitisation lectures in schools across Cross River, Adamawa, Oyo, Kano, and Lagos states.
Chairman and Chief Executive Officer of NDLEA, Brig. Gen. Mohammed Marwa (Rtd), commended operatives from MMIA, SOU, DOGI, Ekiti, Ondo, Benue, Edo, and Taraba Commands for their efforts and praised all commands nationwide for balancing drug supply reduction with drug demand reduction initiatives.
News
Palm Sunday: CAN Decries economic hardship
The Christian Association of Nigeria has called on political leaders at all levels to demonstrate empathy and take urgent steps to ease the growing economic hardship facing Nigerians, as Christians mark Palm Sunday.
In a statement issued on Sunday, CAN President, Archbishop Daniel Okoh, said the significance of Palm Sunday offers timely lessons for leadership, particularly during a period marked by economic strain and global uncertainty.
Reflecting on the biblical account of Jesus’ entry into Jerusalem, Okoh noted that the moment symbolised humility, peace, and purposeful leadership rather than a display of power.
“Jesus entered Jerusalem with calm resolve at a time of uncertainty and expectation. It was not a show of force, but a message of peace, purpose, and hope,” he said.
He stressed that the country’s current socio-economic realities demand similar qualities from those in authority.
“Across Nigeria, many are feeling the weight of the times. The cost of living is rising, and for countless families, daily life is getting harder,” Okoh said.
He linked domestic economic challenges to global developments, particularly tensions involving Iran, Israel, and the United States, which he said are disrupting energy markets worldwide.
“The impact is already here. Fuel is more expensive. Transport costs are rising. Food prices are climbing,” he said, warning that such pressures are intensifying the hardship faced by ordinary citizens.
The CAN president emphasised that in times of uncertainty, the tone and actions of leaders are critical in restoring public confidence.
“For many Nigerians, the concern is simple and immediate: how to cope, how to plan, how to stay afloat. When life feels this uncertain, people need reassurance, stability, and the quiet confidence that those in positions of responsibility understand what they are going through,” he stated.
He further urged leaders to embrace a style of governance rooted in restraint, compassion, and commitment to the common good.
“True leadership is not always loud. It is seen in empathy and in decisions that ease burdens, calm anxieties, and bring people together. This is a time for such wisdom,” Okoh added.
Beyond government, CAN also called on the Church and citizens to promote unity and peace, drawing inspiration from the collective spirit associated with Palm Sunday.
“It reminds us of a moment when people from all walks of life came together with one purpose. That same spirit is needed now. We must stand for peace, strengthen unity, and support one another,” he said.
Addressing young Nigerians and those most affected by the economic downturn, Okoh encouraged resilience and hope.
“The challenges are real, but they are not the end of the story,” he said, urging citizens not to lose faith amid difficulties.
He expressed hope that the lessons of Palm Sunday would inspire renewed commitment to national cohesion and shared progress.
“As we journey through this sacred season, may the spirit of Palm Sunday guide us towards quiet courage, shared purpose, and a renewed commitment to the good of all,” the statement added.
News
Fubara Tasks APC Zonal Leadership On Unity
Rivers State Governor, Sir Siminalayi Fubara, has charged the leadership of the All Progressives Congress (APC) in the South -South to be united and work together to ensure that the ruling party achieves its ultimate goal in the region.
The governor who spoke at the South South Zonal Congress in Asaba, Delta State, said working in unity and with a common purpose will enable them deliver optimally to the electoral fortunes of the party in 2027.
“We can only achieve our goal when we are united and we work together. I surely believe that this is the right time, the right people and the right place. My charge to those of you elected today is that the responsibility is going to be very tasking but I believe strongly that they will deliver for our party,” he said.
Fubara expressed confidence that the newly elected leadership of the party would be equal to the task.
He expressed profound gratitude to the Delta State Government for hosting the Zonal Delegates Congress, stressing that he believes that the best will come from the South South region.
The Congress which attracted the creme de la creme of the APC in the zone, saw the re-election of the zonal leadership through consensus. The reinstated leaders were promptly inaugurated at the ceremony.
Some of the dignitaries in attendance include the President of the Senate, Senator Godswill Akpabio, Governors Siminalayi Fubara of Rivers State, Duoye Doris of Bayelsa State, Monday Okpebholo of Edo State, Umo Eno of Akwa Ibom State, Bassey Otu of Cross River State and Sheriff Oboroevwori of Delta State.
Also in attendance were the members of the National Assembly as well as members of the State Houses of Assembly from the South South Zone.
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