Breaking News
Adeleke speaks on squandering N1trn allocation meant for Osun

The Osun State government has stated that the assertion by the Osun chapter of the All Progressives Congress (APC) that Governor Ademola Adeleke has collected and squandered one trillion naira of the state’s allocation from 2022 to date is fake news from a party that is set for another defeat in 2026.
The government stated that the opposition’s statement is a devilish fabrication, a mischievous propaganda, and a failed attempt to discredit the brilliant performance of the current administration, as attested to by local and international stakeholders.
Spokesperson to Governor Ademola, Mallam Olawale Rasheed, gave the above response to a press statement from the state leadership of the APC, questioning how the governor spent a fabricated one trillion naira allocation to the state from 2022 to date...TAP TO CONTINUE FULL READING.
Describing the state APC as a party that has ran out of ideas amidst its single digit popularity rating, the spokesperson said Governor Adeleke from 2022 to date has not received anything near one trillion naira and has judiciously managed state resources with particular target of meeting the crucial and critical needs of the state in the area of health, infrastructure, education, business financing, cooperative empowerment, sports development, agriculture, technology development, workers welfare and pension management.
“Only an anti-people party will claim not to see the almost 322 kilometers of roads across the state, the 200 health centre renovations, the rehabilitation of more than 100 schools, the ongoing dualisation across several towns, the ongoing upgrading and rehabilitation of several water works, the multibillion naira local and grassroots development projects, the flyover bridges, the new tractors, the ongoing renovation and upgrading of Osogbo stadium to a five star standard among others.
“Only a party set for another rejection in 2026 will deny the payment of half salaries owed workers and which the APC failed to pay while it governed the state. Pensioners are living witnesses of how state funds are being spent to offset pension debt which APC refused to pay and being liquidated by Governor Ademola Adeleke. The enrolment of over 30, 000 pensioners in the state health insurance scheme is an unprecedented policy which even the Federal Government has now adopted.
“Governor Adeleke has reduced the humongous Osun debt stock by 40 per cent according to the Federal Debt Management Office. Yet, he has not borrowed a kobo from 2022 to date. Out of selflessness, the governor is not collecting security votes and instead ensures that security expenditures are treated and processed within the approval system.
“The public is also aware that since the seizure of Osun local government funds by the APC, the state government has been shouldering the financial burdens of the local governments. This ensures that thousands of families working across sectors at the local government levels do not go hungry as intended by those who masterminded the illegal seizure of the LG fund.
“The impact of the state expenditure is being felt across the sectors. The Nigerian Union of Teachers has repeatedly applauded Governor Adeleke for its passionate attention to teachers welfare, training and upkeep. Osun is now ranked number seven in NECO ranking. Osun was number 33 under APC.
“In 2022, Osun infrastructure deficit was placed at close to 80 per cent by several credible infra groups. In 2025, the infra deficit has been reduced by 40 percent. In South West and at a programme moderated by a Federal agency, Osun came first in the area of access to primary health care.
“Pensioners, workers, farmers, artisans, market operators and others are applauding the governor daily. We are not expecting the state APC to own up to its failures while in office but it can at least be silent to allow Osun people to enjoy good governance and ongoing delivery of unprecedented democratic dividend”, the Spokesperson noted.
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Breaking News
New CBN BVN Rules: 5 Things Nigerians Must Know From May 1

The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) rules effective from May 1, 2026, aimed at reducing fraud, especially SIM swap and identity theft cases. The regulations include stricter controls on phone number changes, age restrictions, device limits, and temporary account restrictions for suspicious activities. Here is a simple breakdown of what you need to know.
One phone number change in a lifetime – Customers can only change the phone number linked to their BVN once. Choose carefully.
24-hour watchlist for suspicious BVNs – Banks can temporarily restrict accounts flagged for suspicious activity while investigations are conducted.
BVN registration is now for adults only – Only individuals aged 18 and above can independently register for a BVN. Minors require guardian-linked arrangements.
One device per banking app – You can only use your banking app on one device at a time. Switching devices triggers a 24-hour transaction limit of N20,000.
Authorised channels only – BVN services are now limited to CBN-approved banks and financial institutions. Avoid third-party apps or unofficial agents.
The new rules may feel strict, but they are designed to protect your money and reduce fraud. Be more careful with your phone number, devices, and banking activities to avoid unnecessary restrictions...TAP TO CONTINUE FULL READING.
Sources: Nigerian Tribune
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Breaking News
‘Nigeria is a safe country’ Reno Omokri Tells Portuguese Ambassador Who Drives Nigeria Highways Without Escort, Calls Trips Safe

The Portuguese Ambassador to Nigeria has driven from Abuja to Bauchi and back without a security escort, describing the journeys as “very normal” and safe. Reno Omokri shared a video of the ambassador, praising Nigeria’s overall safety under President Tinubu. The ambassador also reportedly drove from Enugu to Abuja without incident. However, critics point to over 1,000 abductions since January 2026 and frequent highway kidnappings, questioning the safety claims.
Key Points:
Critics noted bandit attacks in Bauchi and other regions.
Many questioned why top Nigerian officials don’t take the same unescorted routes.
The ambassador acknowledged “some localized issues” but highlighted safety overall.
Over 1.5 million safe visitors to Lagos during the December holidays were cited.
Social media users expressed a divide between official accounts and citizens’ realities...TAP TO CONTINUE FULL READING.
The ambassador’s experience contrasts sharply with the lived reality of many Nigerians.
Sources: X
I Drove From Abuja To Bauchi And Back Without An Escort And It Was Safe-Paulo Santos, Portuguese Ambassador To Nigeria pic.twitter.com/GZmEJTHi0p
— Reno Omokri (@renoomokri) April 30, 2026
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Breaking News
Nigerians Convicted in $215m Global Email Fraud

More than 1,000 victims across 19 countries were defrauded of about $215 million in a sprawling business email compromise scheme, leading to convictions of Nigerian nationals, the US attorney’s office has said. Twenty-five defendants were convicted on April 24. Among them were four Nigerian nationals and five naturalised US citizens of Nigerian descent. The scheme involved hacking email accounts and crafting fraudulent payment requests.
Key Points:
Victims were located in the US, UK, Germany, UAE, Australia, and 14 other countries.
One victim’s business sent $2.7 million to a shell company account.
Seized items included luxury watches worth over $215,000 and a Georgia residence.
The FBI, US Postal Inspection Service, and Border Patrol conducted the investigation.
A Chicago-area money service business owner was a co-defendant...TAP TO CONTINUE FULL READING.
Each defendant’s sentence will be determined based on their role and criminal history.
Sources: The Cable, Punch
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