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Obi to FG: Focus on alleviating suffering of Nigerians, not buying presidential jets

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The Labour Party presidential candidate, Peter Obi, on Monday, faulted the plan by the Federal Government to buy new aircraft for the presidential fleets.

He described the move as insensitive while Nigerians grapple with economic hardship occasioned by the Federal Government’s policies.

But the Presidency, in a swift reaction, described Obi’s comment as insensitive, wondering if he would rather have the life of the President jeopardised by flying faulty aircraft.

Speaking with The PUNCH on Monday,  the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, said, “Does Peter Obi want the President dead? Is that his wish? Does he want him to continue moving around in a rickety plane and die like the VP of Malawi and Iran President? Let him tell us. This is a basic thing any sane government will do. You can’t toy with your President’s welfare.

“The plane he used now, I learnt, was bought during (former President) Obasanjo’s era. That was over 20 years ago and I learnt it was a very small plane. The plane developed a problem the last time he travelled to Saudi Arabia. The President had to go from there to the UK on a commercial airline. Even those managing them said the aircraft needed to be replaced.

“Why will any right-thinking person still want the President to move around in it? In any way, it is the National Assembly that officially recommended that new ones should be bought. Sometimes, Peter Obi opened his mouth to make unnecessary statements.”

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The House of Representatives Committee on National Security and Intelligence had recently called on the FG to buy new aircraft for President Bola Tinubu and Vice-President Kashim Shettima.

The committee’s recommendation was contained in a report released after it investigated the status of the aircraft in the presidential air fleet.

The recommendation comes a few months after three planes from the Presidential Air Fleet were pencilled down for sale.

But Obi described the move as unacceptable and a clear show of insensitivity to the suffering of the Nigerian people.

Reacting on his X handle on Monday, the former Anambra governor said it was rather unfortunate that at a time when the country was making headlines over the economic crisis, occasioned by hyperinflation, a falling currency and widespread poverty, the FG was contemplating securing new presidential jets.

He said, “This demonstrates extreme insensitivity to citizens’ struggles. With rising insecurity, poverty, hunger, and homelessness, this decision highlights the disconnect that is apparent between the government and the people. It is unacceptable as the situation in the country today more than ever demands a more compassionate use of resources, prioritising citizens’ welfare.

“It is on record that our presidential jets have an average age of 12 years, purchased when most Nigerians could afford necessities. Now, as our country faces significant challenges, including a high debt profile, our citizens are in even greater need. Instead of adding to our luxuries, we should be focused on alleviating their suffering and finding solutions to their problems.

“While we had earlier refurbished the old VP residence with $2m, the over 100-year-old US Vice President’s house has only undergone wide-scale renovations twice, funded by taxpayers’ money; in 1993 and 2021. Every new US VP is free to finance any minor refurbishing from his funds.

“It is, therefore, time to stop this impunity, insensitivity, and shamelessness and refocus on the needs of our people. We must prioritise education, healthcare, and lifting our citizens out of poverty. Let us work together to build a nation that truly serves its people, not just the interests of a few.”

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FG slashes interest rate on late tax payment

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The Federal Government (FG) has reduced the penalty interest rate for late settlement of tax liabilities, with the new regime taking effect from October 1, 2026.

Under the new arrangement, interest on tax liabilities payable in naira will be pegged to the Central Bank of Nigeria’s (CBN) Monetary Policy Rate (MPR) plus one percentage point, down from the previous five-percentage-point penalty.

The measure is contained in the Nigeria Tax Administration (Interest on Late Payment of Tax) Order, 2026, issued yesterday by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, pursuant to Section 65 of the Nigeria Tax Administration Act, 2025.

According to the minister, the new Order will apply uniformly to taxpayers dealing with federal, state and Federal Capital Territory (FCT) tax authorities.

However, the applicable interest rate on naira-denominated tax liabilities will not fall below the yield on 364-day Treasury Bills, reflecting the Federal Government’s cost of borrowing when tax payments are delayed.

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For tax liabilities payable in foreign currencies, interest will be charged at the Secured Overnight Financing Rate (SOFR) plus six percentage points.

The Order further provides that where SOFR is discontinued, its officially designated successor rate will apply.

Explaining the rationale for the new regime, Oyedele said the objective was to align the cost of late tax payments more closely with prevailing market conditions while providing taxpayers with greater certainty about their obligations.

“Tax that is due belongs to the public. When it is paid late, Government may have to borrow to fill the gap, and the cost falls on everyone.

“This Order ties the cost of late payment to real market rates, so that delaying tax does not become a cheaper form of credit than the market itself,” he stated.

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APC wins all Chairmanship, Councillorship seats in Enugu

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The All Progressives Congress (APC) has won all chairmanship and Councillorship seats contested in the Sept. 26 Local Government Election in Enugu State.

The Enugu State Independent Electoral Commission (ENSIEC) conducted election into the 17 Chairmanship and 260 Ward Councillorship positions in the state on Saturday.

Declaring the election results at the ENSIEC headquarters in Enugu on Sunday, the Chairman of the Commission, Prof Christian Ngwu, said that the election was free and fair.

Ngwu said that the election was conducted according to rules guiding the Commission, and “subsequently, we are issuing the winners with certificate of returns.”

Speaking after collecting his certificate of return, Chairman of Enugu South Local Government Area, Chief Caleb Ani, attributed the landslide victory of the candidates of APC to the massive developmental works of Gov. Peter Mbah.

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Ani urged the residents of the state to vote for Mbah en masse in the forthcoming 2027 General Election to continue the good works.

“Gov. Mbah has done well in all ramifications, this is partly while the APC candidates won overwhelmingly.

“I urge the people to vote for him, come 2027 General Elections so that he will continue with his good works and do more,” he said.

Reacting, the APC Chairman in Enugu State, Dr Martin Chukwunweike, said that the resounding victory at the polls indicated the dominance of the national ruling party, APC, in the state.

“We will not rest as we push the developmental efforts of President Bola Tinubu and our amiable governor, His Excellency Dr Peter Ndubuisi Mbah, for the world to see.

“Tinubu, Mbah and all the APC candidates will be reelected in 2027 as they have performed exceptionally well in the past three years,” he said.

In the numerical figures of the results pronounced, APC chairmanship candidates won with margins while the opposition parties trailed behind with minimal votes.

For instance, in Udenu, Igbo-Eze North and Igbo-Eze South local Government Areas respectively, the APC chairmen elect secured virtually the whole votes cast.

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‘Where is Nigeria’s president?’, Peter Obi questions Tinubu’s absence from UNGA

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Peter Obi and President Bola Tinubu
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Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has questioned the absence of President Bola Ahmed Tinubu from the 81st United Nations General Assembly (UNGA) in New York, contrasting it with Ghanaian President John Dramani Mahama’s participation in the global gathering.

Obi raised the question in a post on his Facebook page while commenting on Mahama’s address to the UN General Assembly on Thursday, September 24, 2026.

Mahama attended the UNGA and delivered Ghana’s national statement, where he addressed issues including global governance, Africa’s representation in international institutions and Ghana’s economic recovery.

Obi described the Ghanaian president’s address as “remarkable,” saying it demonstrated what leadership could achieve when competence, capacity, compassion, commitment and character were brought together in the service of a nation.

He subsequently asked why the president of Nigeria, Africa’s most populous country, was not personally present at the gathering.

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“Where is the President of Africa’s most populous nation, a country of more than 200 million people – more than Ghana – whose leader has been absent from the global stage for three consecutive UNGAs?” Obi asked.

The former Anambra State governor said Nigeria’s president ought to be representing the country and providing leadership for Africa at the international level, particularly at a time he said the country was facing significant domestic and international challenges.

Although Vice President Kashim Shettima is representing Nigeria at the 81st UNGA and leading the country’s delegation, Obi said his presence did not answer the question of the president’s absence.

“Although our Vice President, Kashim Shettima, was present, the question remains: Where is the President?” he wrote.

The Federal Government has said President Tinubu mandated Shettima to represent him at the UNGA and lead Nigeria’s delegation, with the Vice President authorised to deliver Nigeria’s national statement and participate in high-level meetings and bilateral engagements.

Shettima’s participation included meetings and engagements focused on Nigeria’s priorities and strengthening the country’s role in multilateral cooperation.

Obi, however, urged Nigerians to continue praying for the President’s return and for his leadership in addressing the challenges confronting the country.

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