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We inherited serious liabilities – Tinubu

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President Tinubu in Saudi Arabia last week
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President Bola Tinubu on Monday evening, in Mecca, Saudi Arabia, said that his administration inherited serious liabilities from the previous government but assured that he will not make any excuses.

This is as the President has advanced negotiations concerning a multi-billion dollar infrastructure finance facility from the Islamic Development Bank to fund a multi-sectoral portfolio of infrastructure projects at the federal and sub-national levels in Nigeria.

This development was the outcome of substantive investment discussions held between President Tinubu and the Vice-President (Country Programs) of the Islamic Development Bank, Dr. Mansur Muhtar, after the President’s return from evening prayers.

President Tinubu in a statement issued by his Special Adviser on Media and Publicity, Chief Ajuri Ngelale was quoted as saying, “Nigeria is the candle of hope that will light the way for Africa. And once Africa is illuminated, the world will be a brighter place for all of humanity. We are determined to create a future for our gifted youths. Investments in Nigeria will be among the world’s most high-yielding. Investor money will flow easily in and out of our country. Processes will be seamless. And your bank has always been a faithful partner in progress.

“We have serious deficits in port infrastructure, power infrastructure, and agro-allied facilities that will enable sustainable food security in our country. These deficits present unrivalled opportunity for savvy investors in a market that is by far the largest on the continent. Yes, we had the vision to enable Lekki Deep Seaport before others saw it. We must be bold again.

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“We inherited serious liabilities, but also assets from our predecessors. We do not make any excuses. There are several sectors replete with investment opportunity for smart investors. Access to finance and guarantees can be a hindrance in some cases. You can come in there. We see you as a critical enabler. You have partnered with us before. We want to scale it up now and do much more with greater ambition and clear vision,” the President stated.

Noting the historic essence of President Tinubu’s swift and decisive economic reforms, the Vice-President of the Islamic Development Bank said the financial world has been monitoring events in Nigeria and has concluded that Africa’s largest economy means business this time.

“Mr. President, we know you inherited a very tough set of circumstances. It is to your credit that you have taken very bold steps without delay. We are ready to work with you. We are ready to support big investments in Nigeria. We agree that if Nigeria succeeds, Africa succeeds. And the world needs Africa to succeed.

“The Islamic Development Bank President announced the provision of $50 billion U.S. Dollars of new investment for the African continent from the Arab Coordination Group (ACG). This was announced at the Saudi-Arab-African Economic Summit. As the largest market and the largest economy in Africa, Nigeria will certainly receive a significant share. We look forward to supporting Nigeria’s economic transformation,” the Islamic Development Bank Vice-President said.

The President concluded by thanking the Islamic Development Bank management while pledging the unwavering commitment of his administration to win investors’ trust and confidence, just as he did in Lagos State many years ago.Members of the Nigerian delegation present at the meeting in Mecca were: Governor Bala Mohammed of Bauchi State; Governor Dikko Radda of Katsina State; Governor Umar Bago of Niger State; Minister of Budget & Economic Planning, Senator Atiku Bagudu, and others.

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FG confirms Ebola case in FCT, identifies 44 contacts

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The Federal Government has confirmed a case of Ebola disease in the Federal Capital Territory (FCT), identifying 44 close contacts as health authorities intensify efforts to contain the infection and prevent further spread.

The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, disclosed this in a statement issued on Tuesday, October 20, 2026, following laboratory confirmation of the case.

According to the statement, the patient is a woman who recently arrived in Nigeria on an international flight from Uganda.

She was admitted to a private hospital in the FCT, where she received treatment for several days before the diagnosis was confirmed.

The Minister said the patient was currently in isolation and receiving medical care.

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He added that the Federal Ministry of Health and Social Welfare, the Nigeria Centre for Disease Control and Prevention (NCDC), the FCT Health Services Secretariat and other relevant authorities were working together to contain the infection.

Contact tracing has commenced, with public health teams identifying and monitoring individuals who may have been exposed to the patient, including healthcare workers, patients, caregivers and travel contacts.

The government has also intensified disease surveillance, while the hospital where the patient received treatment is being supported to strengthen its infection prevention and control measures.

The Federal Government called on public and private healthcare facilities across the country to remain on high alert and promptly report suspected cases to public health authorities.

It urged healthcare workers to maintain a high index of suspicion, identify and isolate suspected cases without delay, and strictly observe infection prevention and control protocols.

The government also explained that Ebola spreads through direct contact with the blood or other body fluids of an infected person who is sick or has died from the disease, as well as contact with contaminated materials.

It further clarified that a person infected with Ebola cannot transmit the disease before symptoms develop.

The government urged Nigerians to remain informed and follow public health guidance as authorities continue efforts to contain the confirmed case and prevent further transmission.

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Afenifere leader, Fasoranti, dies at 100

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Late Pa Reuben Famuyide Fasoranti
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Pa Reuben Famuyide Fasoranti, the revered Yoruba elder statesman and national leader of the pan-Yoruba socio-political organisation, Afenifere, has died at the age of 100.

Announcing the death of the centenarian, Governor Lucky Aiyedatiwa, in a statement personally signed on Tuesday, mourned the death of the elder statesman and community leader.

Aiyedatiwa described the late Fasoranti as a symbol of wisdom, integrity and selfless service whose contributions to the development of Ondo State, Yorubaland and Nigeria would remain indelible.

The governor, in a condolence message issued on Tuesday, said the centenarian’s fatherly counsel, guidance and principled positions on justice and good governance would be sorely missed.

He said Fasoranti lived a fulfilled life and left behind an enduring legacy that would continue to inspire generations.

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“Pa Fasoranti was a patriarch, a beacon of wisdom, integrity and selfless service whose century-long life was marked by uncommon commitment to the development of our dear State, Yorubaland and Nigeria at large,” Aiyedatiwa said.

Aiyedatiwa, who expressed sadness over the elder statesman’s death, said his administration and the people of Ondo State shared in the grief of the deceased’s family and associates.

On behalf of the state government and its people, the governor extended his condolences to the Fasoranti family, the people of Akure Kingdom, and the entire state over the loss.

He prayed for the peaceful repose of the deceased’s soul.

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APC Campaign Council Denies Plot to Assassinate Atiku, Says Security Intact

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Atiku Abubakar
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The All Progressives Congress (APC) Presidential Campaign Council has denied allegations of a plot to assassinate former Vice-President Atiku Abubakar, the African Democratic Congress (ADC) presidential candidate for the 2027 general election.

Dele Alake, spokesperson for the APC Campaign Council, made the denial while reacting to the allegation raised by Timi Frank, a member of the ADC.

The council urged Frank to submit any evidence in his possession to the relevant law enforcement agencies for investigation, stressing that any credible threat to life must be treated seriously, irrespective of political affiliation.

It categorically denied any involvement by President Bola Tinubu, the Presidency or the APC in an alleged plot targeting Atiku or any other opposition figure.

The council also dismissed reports that security personnel attached to the former vice-president had been withdrawn, insisting that Atiku remained protected by the Nigeria Police Force and the Department of State Services (DSS).

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According to the statement, President Tinubu recently directed security agencies to strengthen security arrangements for all presidential, vice-presidential, governorship and deputy governorship candidates ahead of the 2027 general elections.

Reacting to the political implications of the allegation, Alake described the assassination claims as “typical opposition rabble-rousing”, accusing those behind them of attempting to heighten political tension and attract international attention through social media.

“Let our political competition be peaceful, lawful, and focused on the big issues that matter to Nigerians, not character assassination or wild, baseless allegations,” the statement read.

The APC Campaign Council further highlighted Tinubu’s longstanding experience in opposition politics, urging candidates, political parties and their supporters to remain factual and responsible in their public statements.

It called on political actors to uphold democratic values and ensure that the build-up to the 2027 general elections remains peaceful, lawful and focused on issues affecting Nigerians.

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