
News
Intersociety faults Tinubu’s invitation to Pope Leo’s inauguration
…says 15,640 Christians hacked to death, 14,600 abducted in 2 years under Tinubu
The Leadership of the International Society for Civil Liberties and Rule of Law (Intersociety), Nigeria’s leading research and investigative advocacy group, has strongly declared as “undeserved and totally rejected the papal invitation extended to President Bola Tinubu of Nigeria, to attend the inauguration of the 267th Pope of the global Catholic Church, Cardinal Francis Robert Prevost (as he then was) or Pope Francis Robert Prevost or ‘Pope Leo XIV as he is presently addressed.”
Giving reasons for its position, Intersociety said in a statement issued in Onitsha, Eastern Nigeria, today, Saturday, May 17, 2025: “The global Catholics, numbering more than 1.4 billion has recorded serious denominational and religious retardation, under-growth and under-development in Nigeria since the Boko Haram Jihadist Uprising in July 2009 and the Jihadist Fulani State Power Conquest since June 2015 to date.
“President Bola Ahmed Tinubu and his predecessor (Retired Major General Muhammad Buhari (as he then was) had sat under the situations of inaction, inability, unwillingness and complicity since then as the country’s leaders and watched the country entered the World’s Hall of Infamy as the worst country on earth to practice Christianity and where one Christian is hacked to death on hourly basis. Nigeria under them has also unbeatably recorded the highest number of destroyed or burned down churches and Christian schools in the world. It is recalled that the Vatican’s Secretary of State (Foreign Affairs), Cardinal Pietro Parolin recently extended the invitation to Nigeria’s President Ahmed Bola Tinubu to attend the inauguration of Pope Leo XIV, which begins with a solemn mass at St Peter’s Square at Vatican on Sunday, May 18, 2025. The Nigeria’s Presidency swiftly accepted the invitation and further announced that “President Bola Ahmed Tinubu will travel to Rome on Saturday (May 17) following an invitation from Pope Leo XIV to attend his papal inauguration on Sunday, May 18 and will be accompanied by Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu and top Catholic clerics including Archbishops Lucius Ugorji, Ignatius Kaigama, Afred Martins, and Bishop Mathew Hassan Kukah”.
“The Intersociety wishes to state unequivocally that the enlistment of the named Catholic bishops in the itinerary of Nigeria’s Presidency to the Vatican is strongly condemnable. It further exposes the conspiracy of the country’s Christian leaders in grisly and egregious attacks by Jihadists and their patrons against Christians and their properties. This, such clerics most likely do by way of being too attached to the country’s top serving political office holders particularly top Federal and State executives and legislators. It must also be pointed out that much political attachment by top Christian clerics in Nigeria to the country’s top political office holders have brutally robbed Christian leaders of vocal and assertive voicing and powers particularly in matters of defense of Christian Faith and securement of security and safety of the country’s lay Christians. It is therefore our insistence that the country’s Catholic Bishops have no business whatsoever having their names in the list of the country’s presidential itinerary to the Vatican for the inauguration of Pope Leo XIV.
“One of the dire and damning moral implications of such is that it is likely that the named Catholic top clerics will have their flight tickets and other add-ins catered for by the Presidency, which if true, raises further concerns and suspicions over the likelihood of the named clerics becoming the country’s presidential image launderers particularly by demarketing the defense of Christian and Catholic Faith and covering up or whittling down reports or campaigns against violent attacks on Nigerian Christians and their properties including dwelling houses, sacred places of worship and learning, livelihoods, etc. Emerging statistics have shown that apart from Nigeria’s Catholics losing about 16 dioceses and thousands of parishes and outstations to the country’s Islamic Jihadists or Radical Islamists and their patrons in the past sixteen years or since July 2009; the country is now home to dozens of Islamic Jihadists and jihadist elements/jihad enablers within the country’s security forces. The country’s Jihadists and their patrons have launched unchecked, untamed and untracked attacks on defenseless Christians and sacked or seized not less than 1000 indigenous Christian communities and occupied estimated over 70% of Christian forests out of the country’s total of 1,129 forests. The Jihadists and their patrons have also seized and occupied over 20,000 square miles and hundreds of thousands of hectares of Christian farmlands and farm settlements covering Benue, Plateau, Southern Kaduna, etc.”
Intersociety further argued in the statement signed by Lead-Researcher/Head Emeka Umeagbalasi, Human Rights Lawyer/Head, Democracy and Good Governance, Chinwe Umeche, Esquire; Head, Religious Freedom and Human Rights, Engineer Ekene Bede Umeagu; and Head, Civil Liberties and Rule of Law, Obianuju Joy Igboeli, Esquire:

Fifteen Years Of Our Statistical And Investigative Prowess:
It is reminded that the International Society for Civil Liberties and Rule of Law, InterSociety, is locally and internationally reputed and credited since 2010 with research and statistical reports on attacks against Christians and other religious minorities including Shiite Muslims in Nigeria or any part thereof. Such reports of ours are built on several credible and verifiable sources including reports generated from our research and investigations using natural and scientific methods of data mining and analysis. We also generate and verify reports from research groups, credible government sources, religious groups including church leaders, credible rights groups, anti-persecution and religiocide watchdogs, diplomatic quarters and intergovernmental bodies.
15,640 Christians Hacked To Death And 14,600 Abducted In 2 Years Under Tinubu
Findings arising from our several reports as well as others generated from other credible sources have clearly shown that in the past two years of Bola Ahmed Tinubu’s watch and inaction (May 2023-May 2025) as Nigeria’s President, estimated 15,640 Christians have been killed or hacked to death by the country’s Islamic Jihadists; on average of 7,820 deaths per year, 650 per month, 22 per day and one per hour. During the same period, too, an estimated 14, 600 defenseless Christians were abducted on the ground of their Christian Faith by Jihadists across Nigeria; on average of 7,300 persons per year, 608 per month, 20 per day and almost one per hour; out of which (14,600 abductees), 1,460 (ten percent) died in their abductors’ captivities. Importantly clarified is the fact that thousands of moderate Muslims were also separately killed or abducted by the jihadists during the period. Further breakdown shows that out of estimated 8,200 Christians hacked to death from Jan to Dec 2023, no fewer than 5,400 died between June and Dec 2023 under Bola Ahmed Tinubu as Nigeria’s new President (as he then was), during which out of 8,400 abducted Christians, not less than 5,300 were abducted between June and Dec 2023. In 2024, under Bola Ahmed Tinubu as Nigeria’s President, not less than 6,500 Christians were hacked to death by Jihadists and 7000 abducted. In the outgoing first five months of 2025, not less than 2,170 Christians have been hacked to death and 2, 300 others abducted: totaling at least15,640 Christian deaths and 14,600 abductions in the past two years (May 2023-May 2025) under the watch of Bola Ahmed Tinubu as Nigeria’s President. It is also very important to point out 1,460 defenseless Christian deaths were estimated to have been recorded which represented about 10% of those abducted between June and Dec 2023; Jan to Dec 2024 and Jan to May 2025. They also represented those that never made it alive from the point of their abduction.
Three Grounds Of ‘Religiocide’ In Nigeria:
Killings on the ground of religion in Nigeria are drawn from three major grounds: (1) Jihad under “dar al-Islam” or lands under Muslim rule where Shariah must prevail, (2) Jihad under “dar al-harb” or lands not under Muslim rule but where war in defense of radical Islamic faith must be sanctioned or waged and (3) strongly suspected State protected religious killings linked to Jihadist Fulani Herdsmen and Jihadist Fulani Bandits (most widespread across the country’s South-East, South-South, South-West, Christian North-Central (newly joined by ‘Fulani Mahmuda’ Jihadists) and Christian North-West (newly joined by ‘Fulani Lakurawa Jihadists’). Such killings taking place in the North-East are largely perpetrated by ISWAP, Ansaru, Boko Haram and Jihadist Fulanis.
Estimated 40m Northern Christians Uprooted, Threatened And Forced To Flee:
The systematic uprooting of estimated 40million defenseless indigenous Christians of Northern Nigeria, threatened or abducted and disappeared or hacked to death or forced to flee their homes and sacred places of worship or learning are divided on State-by-State basis as follows: 5.8m Christians in Benue (largest Christian State in the North) or 95% of the State’s population of 6.2m; 4.4m in Plateau or 95% of the State’s population of 4.7m (second largest Christian State in Nigeria); 2.3m in Niger or 40% of the State’s population of 6.7m; 4m in Kaduna or 40% of the State’s population of 9.9m (third State with largest Christians in Northern Nigeria); 2.4m in Adamawa or 40% of the State’s population of 4.9m; and 2.8m in Taraba or 75% of the State’s population of 3.9m.
The rest are: 900,000 in Nasarawa or 30% of the State’s population of 3.1m; 1.9m in Kogi or 40% of the State’s population of 4.7m; 590,000 in Borno or 10% (Christians are found in their large numbers in areas like Askira/Uba, Gwoza, Biu, Chibok and Damboa, etc.) of the State’s population of 5.9m; 1.4m in Bauchi or 15% of the State’s population of 9.2m; 180,000 in Yobe or 5% of the State’s population of 3.7m; 300,000 in Yobe or 7% of the State’s population of 3.7m; 300,000 in Kebbi or 5% of the State’s population of 6m; 1m in Kano or 6% of the State’s population of 16.3m; 1m in Gombe or 40% of the State’s 3.5m; and 1.6m in FCT or 52% of its estimated population of 3.1m; all totaling about 32m. There are additional 8m others representing “urbanized Christians” found in the cities of the named States where they are severally and systematically threatened and abused for being professed Christians. It is also important to inform that the degree of threats and attacks by Jihadist Fulani Herdsmen and Jihadist Fulani Bandits on Christians and non-Muslim others living in the South-East, South-South and South-West since June 2015 has dangerously increased from 0.5% in Jan to May 2015 alarmingly to 30% in the present Old Eastern Region and 35% in the present Old Western Region.

News
Over 30 Kwara traditional rulers flee palaces with their families over terror attacks
No fewer than 30 traditional rulers across the southern area of Kwara State have fled their palaces following a sustained wave of kidnappings, killings and violent attacks, it has been learnt.
Our correspondents gathered from two credible community leaders that the affected monarchs were seeking refuge in urban centres, including Ilorin, Osogbo, Offa, and Lagos.
Findings show that some of the affected traditional rulers are from Omugo, Afin, Oreke, Oreke Oke-Igbo, Olohuntele, Alabe, Ganmu Ailehri, Ologanmo, and Igbo Agbon communities.
While some have been away from their domains for months, others have been out for nearly a year.
Their displacement, triggered by repeated attacks by armed groups, has created a leadership vacuum in their communities.
A resident of Omugo community, Wale Olasunkanmi, said his traditional ruler, known locally as Eesa, fled due to fear of abduction.

He said, “In the past, our traditional rulers were always around. They lived among us and provided leadership during crises. But now, they don’t stay here anymore. They only come occasionally for meetings or special occasions and leave immediately.
“When attacks became frequent, it was no longer safe for them to remain in the palace. Even ordinary residents are afraid, so you can imagine what it means for a king who is always a target.”
Olasunkanmi recalled that a major attack on the community in March 2026 marked a turning point.
“After the bandits attacked the church on March 22 and abducted about eight people, many families started leaving. The fear was too much. People abandoned their homes overnight,” he said.
He added that while there had been a slight improvement in security in recent weeks, the absence of traditional rulers continued to affect coordination and decision-making.
“Even as some people are trying to return, there is no strong leadership on the ground. That makes it difficult to rebuild confidence,” he stated.
According to him, Omugo is part of the larger Oro-Ago community, which comprises about 15 towns, including Ajegunle, Iragbon, Ago, Oke Ayin, Oyate, and Oke Daba, all of which have experienced varying degrees of attacks.
Further findings by Saturday PUNCH showed that Oreke and Oreke Oke-Igbo communities have been largely deserted since June 2025 following repeated bandit incursions.
The situation escalated after an attack on a marble mining site near Oreke-Okeigbo on June 4, 2025, where two police officers, Assistant Superintendent Haruna Watsai and Inspector Tukur Ogah, were killed.
A palace worker, Samuel Afolayan, said the attacks marked the beginning of mass displacement.
“Initially, they were just stealing food and livestock. But later, they started kidnapping and killing people. That was when everyone began to leave.
“As I speak to you, I have not been to Oreke since June last year. The king is not there, the palace is empty, and the entire community is deserted. Even neighbouring villages along that axis have been abandoned,” he stated.
Afolayan described the area as “completely isolated,” adding that basic social and economic activities had collapsed.
Similarly, the Oniwo of Afin, Oba Simeon Olaonipekun, has not returned to his domain since he was abducted alongside his son on New Year’s Eve.
Gunmen invaded his residence in December 2025 and kidnapped the monarch and his son, who is a corps member.
While the son was released after about 21 days, the monarch regained his freedom after a ransom reportedly exceeding N30m was paid.
A palace source said the monarch was still undergoing treatment.
“Kabiyesi went through a very traumatic experience. He spent almost a month in captivity under harsh conditions. Given his age, it affected him seriously,” the source said.
“Since his release, he has been receiving medical attention. Doctors advised that he should rest and avoid stressful situations. That is why he has not returned to the community.”
Across the affected communities, the impact of the attacks has been devastating.
It was gathered that farms had been abandoned, schools shut down, and markets rendered inactive as residents fled to safer locations.
The latest gunmen attack occurred in Olayinka community in Ifelodun LGA, where armed men stormed the palace of the monarch, Oba Salman Olátúnjí Aweda, in the early hours of Saturday and abducted him alongside his wife and another resident.
Police authorities later confirmed the arrest of 42 suspected illegal miners in connection with the abduction, while sources disclosed that the kidnappers demanded about N400m ransom.
A resident, who identified himself simply as Tunde, recounted the attack.
“It was like a war scene,” he said.
“They came with guns and started shooting. People were running in different directions. Before we knew what was happening, Kabiyesi had been taken.”
Tunde added that the attackers appeared to have prior knowledge of activities in the palace.
“Earlier that day, some miners came to pay royalties to the king. So, when the attackers came at night, they demanded the money. Kabiyesi gave it to them, but they still took him away. After that incident, everyone fled. Nobody wants to stay there again,” he said.
Traditional rulers killed by gunmen
Beyond Olayinka community, a disturbing pattern has emerged across Kwara South, with traditional rulers increasingly becoming targets.
In September 2025, the Baale of Ogbayo in Oke-Ode was killed in his palace after gunmen invaded the community at dawn.
Earlier, in February 2024, the Olukoro of Koro-Ekiti, Oba Olusegun Aremu-Cole, was killed in his palace, while his wife and another person were abducted.
Sources said the kidnappers initially demanded N100m, which was later reduced to N40m.
In November 2025, the Ojibara of Bayagan-Ile, Oba Kamilu Salami, was abducted on his farm and released after about 25 days in captivity following the payment of ransom.
According to findings, ransom demands in recent cases have ranged between N40m and N400m.
A source involved in one of the negotiations said, “They usually start with outrageous figures, sometimes over N100m. After negotiations, it may come down, but it is still a huge burden.
“In many cases, families have to sell properties or borrow money to secure the release of their loved ones.”
‘Development disturbing’
The Coordinator of the Joint Security Watch in Kwara South, Olaitan Oyin-Zubair, said the signs of mass displacement were long ignored.
“There was a time we raised the alarm that communities were being deserted, but people did not take it seriously. The development is really troubling and disturbing” he said.
“Today, more than 28 communities with traditional rulers in Ifelodun have been abandoned. Places like Olayinka, Oro-Ago, Omugo, Ahun, Oke-Oyan, Owa-Kajola, Owa-Onire, and Oba have become ghost towns. Farms are abandoned, schools shut, markets dead. The reality we warned about has become undeniable,” he stated.
Residents said the crisis had severely disrupted agriculture and worsened food insecurity.
A trader from Oro-Ago, Bose Adeyemi, said she had relocated to Ilorin.
“I am a yam seller, but I cannot go back home. Nobody wants to farm anymore because it is too dangerous,” she said.
A retired civil servant, Janet Adebisi, said she had abandoned her investments.
“I used my gratuity to start farming, but I cannot even visit the farm now. My life is more important than any investment,” she said.
Traditional council under scrutiny
The wave of attacks has put the Kwara State Traditional Council under scrutiny, with many questioning its response to the crisis.
While sources within the council confirmed that meetings had been held with government officials and security agencies, critics say the response has not been visible enough.
A community leader in Ekiti LGA, Adebayo Ojo, said, “Our royal fathers must speak with one voice. People expect leadership at a time like this.”
However, a palace source who did not want to be named said engagements were ongoing behind the scenes.
“These issues are being discussed. The traditional rulers are engaging government and security agencies, but not everything can be made public,” the source said.
The crisis has also sparked debate over the role of traditional and spiritual methods in safeguarding communities.
A socio-political advocate in Kwara State, Abdul-Rahoof Bello-Labelabe, raised concerns over what he described as the worsening security situation in Kwara South.
He warned that residents were increasingly vulnerable to attacks and abductions across several communities.
Bello-Labelabe, who identified himself as the Advocate of Igbomina Liberty and Northern Yoruba Nationality, said there had been no meaningful improvement in security, particularly in Ifelodun LGA.
He disclosed that a wave of kidnappings recorded between Wednesday and Thursday affected multiple communities, leaving scores of residents abducted.
He also referenced the abduction of a traditional ruler in Olayinka community alongside his wife, noting that the kidnappers had demanded a ransom running into millions of naira.
The advocate claimed that many traditional rulers no longer resided in their domains due to safety concerns.
“Although not all traditional rulers have abandoned their communities, a significant number of them no longer live there. They only visit when necessary and leave immediately. Very few have the courage to remain. If any of them is still residing in their domain, let them come forward and state it openly,” he said.
Bello blamed abandonment of traditional practices.
“In the olden days, no one dared to touch a king. Today, our monarchs have abandoned traditional ways of protection.
“Our kings have their share of the blame. They harbour these bandits and criminals; they give them land; they know them, they cannot pretend they do not know them.
“They allow aliens to intermarry with the natives; they create markets for them; they install Seriki for them on Yoruba land. If security is made their responsibility, they will take it seriously,” he added.
The community leader linked the worsening insecurity to illegal mining activities and weak local structures.
Traditional rulers abandoned indigenous protection — Monarch
The monarch of Osi community in Akure North LGA, Oba David Olajide, also advised his colleagues to adopt measures to protect themselves and their subjects against criminal attacks.
Olajide, who once survived a bandit attack in his community, also lamented that some rulers had abandoned the traditions of their communities.
He said, “The issue of insecurity in the country is getting worse to the extent that bandits are attacking obas, but we traditional rulers are not resting on our oars. For instance, in my local government here, we are taking proactive measures both traditional and modern, but these are matters we can only discuss in the media cautiously because they are security issues.
“Another issue is that some obas are wrongly chosen in their communities. It is very absurd to hear that bandits are killing monarchs. Bandits cannot kill a real monarch; they cannot even go near where they are, let alone attack them. In the olden days, warriors used to be made obas, so how can you attack a warrior? It is not possible.
“But the problem we are having is that some obas were not chosen the way they should be chosen. They were selected based on connections in government or because they have money. Such persons would not take the tradition of the community seriously. Nowadays, we are having politicians as obas, and people who don’t understand tradition as obas. These are the problems.
“So, obas too need to reduce their flamboyant lifestyle. They should not be seen everywhere, at every ceremony, spraying money or moving in convoy. We obas should understand the issue of insecurity nowadays and reduce all these lifestyles.”
However, the monarch urged the government and security agencies to support efforts aimed at fighting crime and criminality in their domains.
Meanwhile, local vigilante groups say they are struggling to contain the situation due to poor equipment and limited support.
A vigilante member in Ifelodun, who identified himself as Musa, said armed groups had taken over forests in the area.
“We know these forests, but they have better weapons. Sometimes, before help comes, they are gone.
“Even with our local guns, we are always facing them without fear, but you know their superior firepower always gives them the upper hand,” he said.
He, however, called for stronger collaboration between vigilantes and formal security agencies, including better funding and equipment.
The Chairman of the Igbomina Professional Association, Bode Iranloye, described the situation as alarming.
“This menace has destroyed the peaceful nature of our communities. It has affected agriculture, commerce, and communal life,” he said.
Iranloye recommended improved intelligence gathering, deployment of surveillance technology, and stricter regulation of illegal mining activities.
A security analyst, Sadiq Lawal, said the trend was concerning.
He said, “When criminals begin to target traditional rulers, it is a clear indication that authority structures have collapsed. In many African societies, kings are seen as sacred and untouchable. Once they become targets, it means the criminals are no longer afraid of consequence.” (Saturday PUNCH)

News
Ex-CEO, Ajaokuta Steel Company, Chief (Prof.) Atanmo, passes on at 86 years
A former Chief Executive Officer (CEO), of the Ajaokuta Steel Company, Ajaokuta, Kogi Statae, High Chief (Prof.) Philip Nwabueze Chinedu Atanmo, has passed on, to the great beyond, at the age of 86 years.
Prof. Atanmo, who was appointed in 1993 by the defunct General Ibrahim Badamasi Babangida administration, had equally served as the General-Manager (Technical Services) at the Delta Steel Company, Aladja, and was appointed as Pro-Chancellor, Federal University of Agriculture, Makurdi, Benue State, adjunct professor at the Anambra State University, where he served as the Dean Faculty of Engineering, and subsequently, a lecturer Faculty of Engineering, Chukwuemeka Odumegwu Ojukwu University, in Anambra State.
According to his son, Engr. Chinedu Atanmo (jnr), the late sage, attended St. Philip Primary School, Akpogwe, Ogidi, Anambra State and Denis Memorial Grammar School, Onitsha, before proceeding to the University of Connecticut, United States of America, where he obtained a Bachelor and Masters Degrees in Electrical and Metallurgical Engineering with Distinction, before obtaining a Doctor of Philosophy (PhD) in Metallurgical Engineering from Case Western University, Cleveland, Ohio, USA.
A prolific engineer and scholar, Prof. Atanmo held three (3) US patents and authored over 100 technical publications in his lifetime.
After his retirement from the Ajaokuta Steel Company, he was elected a member of the Constitutional Conference in 1997, during the late General Sani Abacha’s administration.
He was later to become the Vie-President of Ohanaeze Ndigbo, Anambra State Chapter, before he passed on.
He reportedly died 21st March, 2026 of Cardio-Plumunary Arrest, according to a death certificate issued by Dame Irene Memorial Hospital, Irefi Oraifite, Anambra State.

He will be buried on Saturday, 6th day of June, 2026 in his country home, opposite St. Philip’s Anglican Church, Akpakogwe, Ogidi, Idemili-North Local Government Area, Anambra State.

News
‘Why are we still borrowing after subsidy removal?’ – Sanusi queries FG
Emir of Kano, Muhammadu Sanusi II, has raised fresh concerns over the Federal Government’s growing debt profile, questioning the rationale for continued borrowing despite the removal of petrol subsidy.
Speaking during an interview published by News Central TV on Friday, the former Governor of the Central Bank of Nigeria said key reforms such as subsidy removal and exchange rate liberalisation were necessary, but warned that poor sequencing and weak fiscal discipline could undermine their benefits.
Sanusi criticised Nigeria’s longstanding dependence on foreign refining, describing it as a structural flaw that persisted while local refining capacity remained underutilised.
“I have always said the subsidy regime was unsustainable. We cannot continue supporting foreign refineries. We’re an oil-producing country. Keeping refineries open abroad while we’re not doing our own,” Sanusi said.
He, however, welcomed recent progress in domestic refining, noting a shift from heavy importation of petroleum products to export activity.
“Today, we have a situation where we have our own domestic refinery. We’re not importing petroleum products. We’re even exporting to Europe, and this is very good for the economy,” he added.

Despite supporting the reforms in principle, Sanusi questioned the timing and broader policy coordination, suggesting that critical measures may not have been implemented in the right order.
He said, “Artificial exchange rates, especially when you’re printing money, cannot work. There was going to be a devaluation.
“For me, removing subsidy or liberalising exchange rates, these are good interventions. Were they done at the right time? Those are certain questions. Were there other things that should be done that have not been done? These are other issues.”
The former apex bank chief argued that implementing exchange rate liberalisation in a loose monetary environment contributed to the naira’s sharp depreciation.
“It’s not enough to say, oh, they removed subsidy. You had to. When you get to a point where 100% of your revenue goes into debt service, you cannot continue. Where is the money going to come from?
Related News
Nigeria’s reforms are real; without fixing the plumbing, money will keep leaking
Tinubu reform programme: Utomi got it wrong
Rising costs: IMF warns of tough times for Nigerians
“However, if you decide to remove subsidy and liberalise exchange rates in an environment of very loose monetary conditions, before you have tightened money supply, the Naira drops to a bottomless pit. That was a timing issue.”
Sanusi further challenged the government’s continued borrowing, insisting that savings from subsidy removal should translate into fiscal consolidation rather than increased debt.
His remarks come amid reports that the Federal Government has increased its 2026 borrowing plan by ₦11.31 trillion, pushing total projected borrowing to ₦29.20 trillion.
President Bola Tinubu also recently sought Senate approval for a fresh $516 million loan to finance the Sokoto–Badagry Superhighway project.
“We’ve removed the subsidy. We’re now spending it. What we should not see is fiscal consolidation. You cannot remove wastages and continue borrowing. I’ve said this before. You need to see the benefits.
“If you’re not paying the subsidy and you’ve got the money, why are we still borrowing and borrowing? What are we borrowing for?” Sanusi questioned.

-
News3 days agoOjukwu was fighter for justice, Man of ideas — Bianca
-
The suspect
The suspectNews3 days agoBoko Haram suspect makes explosive claim, says ‘top soldier’ behind Abuja terror attacks
-
News24 hours ago36 serving military officers to be arraigned for coup plot against President Tinubu
-
News1 day agoNMA suspends President, Bala Audu
-
News1 day agoCorps member beaten to death by Benue vigilantes
-
News2 days agoOAU medical student collapses, dies before final exam
-
News18 hours agoGunmen kill traditional ruler, wife, son, two others in Benue
-
News12 hours ago‘Why are we still borrowing after subsidy removal?’ – Sanusi queries FG




