News
2027: Why we want Tinubu out – TNN
Abuja — A new political movement, Team New Nigeria (TNN), has declared its intention to usher in a new leadership in the 2027 elections, citing the current All Progressives Congress (APC)-led government’s “reckless economic policies” as a threat to the nation’s stability.
At a press conference in Abuja, TNN President Modibbo Yakubun Farakwai stated that the group is committed to rescuing Nigeria from economic hardship and governance failures. According to him, the youth increasingly see no future in the country and are seeking ways to leave.
“Our middle class is on the verge of extinction due to reckless economic policies. The average young Nigerian today sees no future here and would take any opportunity to flee,” Farakwai said.
TNN, which has been seeking registration as a political party since last year, promised to establish a government rooted in democratic ideals. It ruled out joining any coalition to unseat the ruling party, arguing that Nigeria lacks a viable opposition.
The movement claims to have registered over 43 million members across the 774 local government areas, 37 states (including the FCT), and the six geopolitical zones. Despite this, Farakwai accused state institutions of acting in favor of the ruling APC, questioning the Independent National Electoral Commission’s (INEC) delay in granting the group official party status.
Farakwai called on Nigerians to participate in the ongoing continuous voter registration exercise, emphasizing the need for active engagement to reshape the country’s political landscape. He described TNN as a national rejuvenation movement aimed at uniting Nigerians and driving fundamental political, social, and economic change.
As the 2027 elections approach, TNN’s emergence signals a growing demand for political alternatives amid rising economic concerns and governance challenges.
The Nigerian Senate has confirmed the appointment of Professor Melvin D. Ayogu as a member of the Board of Directors of the Central Bank of Nigeria (CBN).
The approval followed the presentation and consideration of a report by the Senate Committee on Banking, Insurance & Other Financial Institutions, led by Senator Adetokunbo Abiru (APC, Lagos East).
Presenting the report, Senator Osita Izunaso (APC, Imo West) stated:
“The Senate receives and considers the report on the confirmation of the nomination of Prof. Melvin Damian Ayogu for appointment as a member of the Board of Directors, Central Bank of Nigeria (CBN).”
Presidential Nomination
President Bola Tinubu had earlier sent a request to the Senate, urging them to confirm Ayogu’s appointment. The letter, read by Senate President Godswill Akpabio during plenary, emphasized that the appointment aligns with the provisions of the CBN (Establishment) Act, 2007.
“This nominee is to make up the number of the Board of Directors as provided by Section 6 of the CBN Act, 2007,” Tinubu stated.
With the confirmation, Ayogu is set to join the CBN Board, where he is expected to contribute to key financial and economic decisions impacting Nigeria’s monetary policy.
The Nigerian Senate has confirmed the appointment of Professor Melvin D. Ayogu as a member of the Board of Directors of the Central Bank of Nigeria (CBN).
The approval followed the presentation and consideration of a report by the Senate Committee on Banking, Insurance & Other Financial Institutions, led by Senator Adetokunbo Abiru (APC, Lagos East).
Presenting the report, Senator Osita Izunaso (APC, Imo West) stated:
“The Senate receives and considers the report on the confirmation of the nomination of Prof. Melvin Damian Ayogu for appointment as a member of the Board of Directors, Central Bank of Nigeria (CBN).”
Presidential Nomination
President Bola Tinubu had earlier sent a request to the Senate, urging them to confirm Ayogu’s appointment. The letter, read by Senate President Godswill Akpabio during plenary, emphasized that the appointment aligns with the provisions of the CBN (Establishment) Act, 2007.
“This nominee is to make up the number of the Board of Directors as provided by Section 6 of the CBN Act, 2007,” Tinubu stated.
With the confirmation, Ayogu is set to join the CBN Board, where he is expected to contribute to key financial and economic decisions impacting Nigeria’s monetary policy.
Lere Olayinka, Senior Special Assistant on Public Communication and New Media to FCT Minister Nyesom Wike, has revealed that Wadata Plaza, the national headquarters of the Peoples Democratic Party (PDP), does not actually belong to the party.
Speaking on Arise Television’s The Morning Show on Tuesday, Olayinka stated that most PDP members are unaware that the property belongs to former Senate Leader, Senator Samaila Mamman.
His comments follow the recent revocation of Wadata Plaza’s land title by Wike’s administration due to non-payment of ground rent. The title of PDP’s unfinished national secretariat in Abuja’s Central Business District was also revoked.
The History Behind the Property
According to Olayinka, PDP leaders attempted to purchase Wadata Plaza in 2005 and sought approval from the then Minister of the FCT, Nasir El-Rufai. However, they failed to meet the payment conditions.
“The PDP was asked to pay N26.9 million as a fee in 2005, but the party’s leadership at the time, led by Vincent Ogbulafor, argued that the amount was too high,” Olayinka explained. “El-Rufai, a PDP member then, insisted that the right procedures be followed—just as Wike is doing now.”
Political Reactions
PDP leaders have strongly condemned the revocation of their property titles, accusing President Bola Tinubu’s administration of attempting to suppress opposition.
However, Olayinka defended the decision, stressing that since PDP never completed the payment, the property remains owned by Senator Samaila Mamman.
With the revocation now finalized, Wadata Plaza is no longer under PDP’s control, further deepening political tensions in the country.
Senate confirms Prof Ayogu as member, Board of Directors, CBN
Senate confirms Prof Ayogu as member, Board of Directors, CBN
Wadata Plaza doesn’t belong to PDP — Wike’s aide
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