President Bola Tinubu will depart Abuja on Saturday for a three-nation visit to France, Kenya, and Rwanda. He will attend the Africa-France Summit in Nairobi (May 11-12), co-chaired by Presidents Macron and Ruto, focusing on energy transition, digital transformation, and climate action. He will then proceed to the Africa CEO Forum in Kigali (May 14-15), themed “Scale or Fail,” highlighting Nigeria’s investment reforms. The trip will last approximately two weeks.

Key Points:

The Africa-France Summit theme is “Africa Forward: Africa-France Partnerships for Innovation and Growth.”
The Africa CEO Forum is in partnership with the International Finance Corporation (IFC).
Over 2,000 top executives and national leaders will attend the Kigali forum.
Tinubu will hold high-level meetings with global and African business leaders.
He will be accompanied by some ministers and senior aides...TAP TO CONTINUE FULL READING.

The president will return to Nigeria at the end of the Rwanda summit.

Sources: Bayo Onanuga/x

The Presidency and opposition figure Peter Obi have traded words over the Federal Government’s borrowing profile. President Bola Tinubu had defended the administration’s borrowing, stating, “Borrowing is not leprosy.” Obi countered on X, saying: “Borrowing is not only leprosy, but a killer cancer when it is borrowed for consumption and not production.” Presidential spokesman Bayo Onanuga responded, accusing Obi of “demagoguery” and insisting the government borrows for infrastructure, not consumption.

Key Points:

Obi argued that debt without productivity is dangerous.
He cited the Fiscal Responsibility Act of 2007 on cost-benefit analysis requirements.
Onanuga said Nigeria has willing lenders because the country is credible.
Onanuga advised Obi to “rise above the pedestrian level.”
Obi said borrowing for consumption is “double jeopardy.”..TAP TO CONTINUE FULL READING.

The exchange highlights ongoing debate over Nigeria’s borrowing strategy.

Sources: Nigerian Tribune, Vanguard

Edo State Governor, Monday Okpebholo, has declared that President Bola Tinubu will be re-elected in 2027, dismissing opposition figures Peter Obi, Rotimi Amaechi, and Atiku Abubakar as “failures” who have previously failed Nigeria. Speaking on Channels Television’s ‘Politics Today’, Okpebholo also claimed that rising insecurity is being fuelled by opposition elements seeking to discredit the administration. He said Tinubu’s performance has already secured him victory.

Key Points:

Okpebholo said, “The election is already as good as won.”
He claimed opposition figures are sponsoring kidnappings and killings.
He dismissed a united opposition platform as “not dangerous.”
He quoted the Bible: “They must gather, but they will scatter.”
He said Tinubu’s administration has outperformed Obasanjo’s government...TAP TO CONTINUE FULL READING.

Okpebholo insisted that nothing can stand in Tinubu’s way ahead of 2027.

Sources: The Cable, Channels