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Obasanjo Slams Buhari Again …Says Another Abacha Era Is Here …Buhari Deceiving Nigerians, Empowering Boko Haram …INEC Lacks Integrity To Conduct 2019 Polls
Former President Olusegun Obasanjo yesterday attacked President Muhammadu Buhari, accusing him of plotting to rig the general elections.
President Buhari is seeking re-election on the platform of his party, APC. The presidential and National Assembly elections will hold on February 16.
In an open letter titled “Point for Concern and Action” which he distributed to journalists at a press conference held at his house at the Olusegun Obasanjo Presidential Library, Abeokuta, Chief Obasanjo also alleged that the president was acting like a former military dictator, Sani Abacha.
“Buhari has succeeded in deceiving us the first time and we will be fools to allow ourselves to be deceived the second time,” Chief Obasanjo wrote.
“Buba Galadima, who knows Buhari very well as a confidant and National Secretary of Congress for Progressive Change,CPC, the Buhari’s party before it joined in forming All Progressives Congress, APC has warned us this time around that no matter what he promises, he cannot change his character and attitude.”
Chief Obasanjo was one of the millions of Nigerians who supported Buhari in the 2015 presidential election. He has since withdrawn his support for the president, accusing him of incompetence and nepotism.
In his letter, the former president said Mr Galadima “describes him (Mr Buhari) as inflexible, insincere, dubious, intolerant, never accepts responsibility when things go wrong and impervious to reason and advice for change. If you cannot change your mind, you cannot change anything is the assertion of George Bernard Shaw.”
Obasanjo then claimed that what is happening in Nigeria under President Buhari can be likened to what Nigerians witnessed under a late military dictator, Sani Abacha.
Mr Abacha, who ruled Nigeria between 1993 and 1998, died in office while trying to perpetuate himself in office.
“He went for broke and surrounded himself with hatchet men who on his order and in his interest and at high costs to Nigeria and Nigerians, maimed, tortured and killed for Abacha. Buhari has started on the same note on the same path in mad desperation,” Obasanjo claimed.
He then alleged that the president and his party are recruiting collation officers who are already awarding election results.
“It is the sole reason he has blatantly refused to sign the revised electoral bill into law. His henchmen are working round the clock in cahoots with security and election officials to perfect their plan by computing results right from the ward to local government, state and national levels to allot him what will look like a landslide victory irrespective of the true situation for a candidate who might have carried out by proxy presidential debate and campaigns.”
He said the current plan is to drape the pre-determined results with a toga of credibility and also use violence of unimaginable proportion which will be unleashed in high voting population areas across the country to precipitate re-run elections.
“We are monitoring them and we call on all democrats across the world to keep an eye on the unfolding anti-democratic agenda of President Muhammed Buhari. This is the time for preventive measures to be taken otherwise Nigeria may be presented with a fait accompli with impunity and total disregard of all pleas.”
Obasanjo’s letter comes despite repeated promises by President Buhari to ensure free and fair elections.
Also, the former Nigerian President, Olusegun Obasanjo, said yesterday that the Boko Haram insurgents have become stronger than ever.
Chief Obasanjo, a retired military general, made this known in a lengthy statement he issued on Sunday.
In the statement, Obasanjo accused President Muhammadu Buhari of not only failing in all aspects of governance but also plotting to rig the coming election.
The former president said Mr Buhari’s alleged desperation to remain in power despite his mental and physical incapacitation, reminds him of the era of a former military dictator, Sani Abacha.
Calling on Nigerians to resist any plot to rig the election, the former president said the electorates should make good use of their permanent voters card to vote out the incumbent administration that has also failed to manage the country’s security problem.
According to Mr Obasanjo “the security situation has deteriorated with kidnapping everywhere and Boko Haram more in action and nobody should deceive Nigerians about this.”
Chief Obasanjo said if Nigerians fail to take a definitive step by voting Mr Buhari out of power in next month’s general election, Boko Haram and its Islamic State’s West Africa Province (ISWAP) may soon take over the entire West African region and make life unsafe for all.
“With the teaming up of Boko Haram and Islamic State’s West Africa Province (ISWAP), Boko Haram is stronger today militarily than they have ever been,” said the former President.
“Boko Haram has also been empowered by the Nigerian government through payment of ransom of millions of dollars which each administration disingenuously always denies.
“With ISIS being liquidated in Iraq and Syria, Africa is now their port of concentration. Soon, they may take over Libya which, with substantial resources, is almost a totally failed state. When that happens, all African countries North of Congo River will be unsafe with serious security problems.
“The struggle must be for all West African, Central African, North African and most East African States. Nigeria has to play a vanguard role in this struggle as we have much to lose.
“This administration has reached the end of its wit even in handling all security issues, but particularly Boko Haram issue, partly due to misuse of security apparatus and poor equipment, deployment, coordination and cooperation.
“Finally, those Nigerians that are being intimidated or threatened by this Administration must trust in God and stand firm. Tough times do not last forever, but tough people invariably survive tough times. This is a tough time for almost all Nigerians in different respects, but the people’s will shall triumph.
President Muhammadu Buhari who was brought to power through a popular vote promised to end the Boko Haram insurgency in six months. Though the administration has been able to reclaim some local government areas that were under the control of the insurgents, the group is still able to carry out attacks on military formations and civilians in the three North-eastern states of Adamawa, Borno and Yobe.
According to his statement, with less than 26 days to the general elections, Nigeria’s former President, Chief Olusegun Obasanjo, yesterday, expressed doubt about the credibility and competence of the Independent National Electoral Commission (INEC), to conduct fair, free and credible elections.
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
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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Fubara Redeploys Green As Commissioner For Justice
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.
