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Six Sanwo-Olu aides, commissioners set to resign for 2027 elections

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Ahead of the 2027 general elections, six Lagos State government commissioners, special advisers, and senior aides to Governor Babajide Sanwo-Olu have announced plans to resign to pursue political positions.


The officials, all aspiring under the All Progressives Congress (APC) platform, intend to contest for seats in the House of Representatives and Lagos State House of Assembly in their respective constituencies during primaries scheduled between April 23 and May 30, 2026.


Those who have publicly declared their ambitions include:


Mr. Kayode Roberts, Commissioner for Local Government, Chieftaincy Affairs and Rural Development – contesting Ojo Federal Constituency


Sola Giwa, Special Adviser on Transportation – Lagos Island II Federal Constituency


Barr. (Mrs) Barakat Odunuga-Bakare, Special Adviser on Housing – Surulere I House of Assembly


Babajide Obanikoro, Special Adviser on Parastatals Monitoring – Lagos Island I Federal Constituency


Mr. Lekan Balogun, Special Adviser on Economic Planning and Budget – Apapa Federal Constituency


Damilola Ayinde-Marshal, Senior Special Assistant on Tourism – Surulere II House of Assembly


A source confirmed that posters promoting their candidacies have already been displayed across strategic locations in their constituencies. Other cabinet and non-cabinet members are expected to declare their intentions in the coming days.


The aspirants have strong political pedigrees. Roberts, popularly known as “Bibire,” is a former Oto-Awori LCDA chairman. Giwa is a former Lagos State House of Assembly member and pioneer manager of LASTMA. Obanikoro previously represented Eti-Osa in the House of Representatives. Balogun is the son of a former APC chairman in Lagos, Odunuga-Bakare is a lawyer and political loyalist to Femi Gbajabiamila, and Ayinde-Marshal, daughter of Fuji musician KWAM I, recently announced her candidacy on Instagram.

READ ALSO:  Atiku, Obi, Others Asked to Speak Out Against El-Rufai, Malami Detentions


The resignations follow President Bola Tinubu’s directive that all political appointees intending to contest in the 2027 elections must step down by March 31, 2026, to comply with the Electoral Act and ensure a level playing field.

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Kaduna offers land titles to victims of demolitions under el-Rufai

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The Kaduna state government has compensated the residents of
Malali Low-Cost, whose houses were demolished by the administration of Nasir
el-Rufai, with new plots of land.

Bashir Garba Ibrahim, director general of Kaduna Geographic
Information Service (KADGIS), who presented the land titles to the
beneficiaries, said that the gesture was aimed at fulfilling Uba Sani
administration’s commitment to ensure justice for the victims.

He said the compensation with the land titles is the outcome
of a stakeholders meeting, which took place on January 21, and resolved to
investigate the circumstances around the demolition.

While counselling against reselling the plots of land,
Ibrahim advised the beneficiaries to develop the land quickly.

“We want you to become homeowners and contribute to the
growth of our state,” he said.

While responding to the gesture of the state government on
behalf of the beneficiaries, Mohammed Auwal, chairman of the former Malali
Low-Cost residents, expressed gratitude to the governor for addressing their
concerns.

Auwal appreciated the director-general for facilitating the
new land allocation after years of struggle to get compensation.

The Kaduna State Development and Property Company (KSDPC)
had given the residents of Malali Low-Cost a seven-day notice to evict the
community in October 2020.

Although residents protested the short notice and the need
to give them the right of first refusal, the decision was shelved at the time.

However, in March 2021, another three-day notice was served
to the residents, and after the expiration of the notice, more than 80
structures were demolished.

READ ALSO:  FG Alleges Plot By Mining Firm To Embarrass Tinubu During UK Visit

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Umahi invites EFCC, ICPC to probe ministry projects for transparency

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The Minister of Works, Engr. David Umahi, has invited the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate all contracts and ongoing projects under the ministry to ensure transparency.


Speaking at a media briefing at the ministry’s Abuja headquarters on Wednesday, Umahi said relevant procurement rules were strictly followed from tendering to project execution and that the ministry has nothing to hide.


He explained that the ICPC’s preliminary report is ready, while the EFCC’s findings are awaited following its ongoing work summit.


“We are not hiding anything because we feel for the people. Any file they want, any information, is available. That is how it should be,” Umahi said. “There is nothing we do in the Ministry of Works that we cannot defend. We moved from asphalt to concrete to ensure roads last up to 100 years with minimal maintenance.”


The minister urged journalists to verify information before reporting, noting that roads cut or incomplete impede movement and affect citizens’ daily lives.


Umahi also praised President Bola Tinubu for prioritizing infrastructure and reaffirmed that all ministry projects follow due process and can withstand scrutiny at any time.

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Release Nnamdi Kanu: IPOB Stages Protest in UK During Tinubu’s State Visit

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Supporters of the Indigenous People of Biafra (IPOB) held a large-scale demonstration across central London on Wednesday, March 18, 2026, coinciding with Nigerian President Bola Tinubu’s historic two-day state visit to the United Kingdom.

The protest, organized by the IPOB UK chapter and described as a “mega protest,” ran from 9:30 AM to 5:30 PM. Demonstrators gathered at symbolic locations including Parliament Square, 10 Downing Street, the Commonwealth Office, and the Nigerian High Commission.

Carrying placards reading “Free Mazi Nnamdi Kanu” and “Release MNK Now,” many participants wore red caps and waved Biafran flags, a horizontal tricolour of red, black, and green featuring a golden rising sun in the centre.

The group demanded the immediate and unconditional release of their detained leader, Mazi Nnamdi Kanu, who has been in Nigerian custody since his 2021 extradition from Kenya.

Additional calls included a referendum on Biafran self-determination, an end to what they described as bad governance in Nigeria, and strong opposition to any royal honours or reception for President Tinubu during his visit, hosted by King Charles III and Queen Camilla at Windsor Castle.

In circulating video footage from the event, one protester declared: “Our message is very clear: Tinubu does not deserve a royal salute. That is our stand today, being the 18th of March.” Other clips featured chants and statements labelling the president as undeserving of royal recognition, amid accusations of presiding over repression and injustice.

The demonstration was billed as peaceful, with organizers inviting “all lovers of freedom, justice, and human rights” to participate. It highlighted ongoing frustrations within pro-Biafra circles over Kanu’s detention, despite court rulings and international advocacy for his release.

READ ALSO:  Nigeria Debt: Tinubu Administration Took More Loans Than All Others Combined, Says Dele Momodu

President Tinubu’s visit marks the first Nigerian state visit to the UK in 37 years and aims to strengthen bilateral ties, economic diplomacy, and cooperation.

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8,000 studying in Nigeria, 220 in UK under amnesty programme -Mohammed Idris

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Mohammed Idris, the minister of information and national
orientation, says about 8,000 Nigerians are studying in the country, while 220
others in the United Kingdom under the presidential amnesty programme (PAP).

Idris spoke on Wednesday when he met beneficiaries of the
programme in the UK on the sidelines of President Bola Tinubu’s state visit at
the invitation of King Charles III.

Also in attendance was Heineken Lokpobiri, minister of state
for petroleum resources.

PAP was established in 2009 by the late President Umaru Musa
Yar’Adua to address militancy, insurgency, and unrest in the Niger Delta.

The move followed the disruption of oil production through
kidnappings, bombings, and other activities by armed groups over alleged
environmental damage, lack of development, and resource control in the region.

In a statement shared via X, the information minister
expressed delight at meeting some of the beneficiaries of the presidential
programmes nearly two decades after its establishment.

“It is very heartwarming to witness the impact of the
program first hand and interact with beneficiaries,” he wrote.

“The President’s desire is to ensure that all Nigerians,
including and especially the youth, are given the right opportunity to thrive
and to contribute meaningfully to development of the country.”

Idris said the Niger Delta was once filled with deprivation,
degradation and disorder, but through initiatives like the PAP and others, that
story has changed for the better.

“The Programme Administrator/Coordinator, Dr. Dennis Brutu
Otuaro, informed me that there are over 8,000 students studying in Nigeria at
the moment, and over 220 undergoing various studies in the UK,” the minister
added.

READ ALSO:  Tinubu Requests Senate Confirmation for Taiwo Oyedele As Minister

He described PAP as “one of the best programmes” Nigeria has
ever delivered, adding that the Tinubu administration will continue to
reposition and strengthen the programme.

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Markets react in minutes, and the rumour moves faster than the statement

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In the world of finance, speed is everything. Nigerian markets, like their global counterparts, can shift within moments of breaking news or a sudden policy update.

Every release from government officials or economic agencies is watched closely. Traders, analysts, and everyday investors all look for clues about what might happen to share prices or the naira.

But there’s another force at play: rumours. Even before the facts reach the public, whispers travel quickly—sometimes sparking strong reactions before any official statement appears.

This article explores how fast reactions and unverified reports intersect, and why understanding both is essential for anyone following Nigeria’s unpredictable markets.

When the crowd hears first: rumours shape behaviours before news arrives

It doesn’t take long for rumours to reach the floors of Nigeria’s financial markets. Sometimes, all it takes is a single message in a chat group or a quick post on social media for speculation to start swirling.

Traders and investors often move on whispers before any official news is released. The rush to act can turn an unconfirmed report into a self-fulfilling event, sending prices swinging within minutes as everyone tries to get ahead of the curve.

This environment rewards speed, but it also makes mistakes more likely. With so much riding on expectations rather than facts, rapid decisions can backfire if the news turns out differently than the rumour suggested.

Many now look to online sources like https://apuestas.guru/ to track the latest speculation. These platforms help market watchers keep up with the constant flow of unofficial information, even if it means sifting through noise to find something useful.

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The line between informed trading and pure guesswork is becoming harder to spot. As a result, sharp market moves often begin long before any statement is issued, leaving both opportunities and risks in their wake.

Actual Announcements Trigger Immediate Market Adjustments

This environment of speculation suddenly shifts the moment an official announcement drops.

Within seconds, trading floors in Nigeria and around the world erupt into action as everyone scrambles to process the new information.

Asset prices can swing sharply in just a few minutes, reflecting the market’s appetite for certainty—even if it’s only partial.

Today’s exchanges are built for this pace, relying on sophisticated algorithms and high-speed trading systems to react before most human traders have even finished reading the headlines.

According to the Council of Economic Advisers study, the bulk of price movement in major markets happens in the very first five minutes following a policy statement or economic report.

After that brief window, the initial shock wears off and prices tend to stabilize, leaving less room for rapid gains or losses based on raw reaction.

At this point, speculation takes a back seat—those who spent hours guessing are either vindicated or left behind.

The market’s focus quickly pivots from rumor-fueled bets to interpreting real numbers and official language.

It’s a stark reminder that, in the world of high-speed finance, the fastest response often wins, but only if it’s rooted in reality.

The slow drift: How markets keep moving even after the news

Yet the story rarely ends with the first market jolt after an announcement.

In Nigeria and globally, prices don’t always settle as quickly as you’d think.

READ ALSO:  Atiku, Obi, Others Asked to Speak Out Against El-Rufai, Malami Detentions

Instead, it’s common to see equities or currency rates keep shifting for days or even weeks, as traders and investors gradually digest what the news really means.

This pattern, often called Post-earnings-announcement drift, shows that the process of absorbing information is messier and slower than those first five minutes suggest.

Sometimes, the market’s initial reaction turns out to be an overcorrection—maybe a panic sell-off or an overly optimistic surge.

As more data and analysis come in, expectations start to realign with reality, and prices adjust again, but at a slower, more deliberate pace.

For investors, this means that the true impact of an announcement can remain uncertain long after the headlines fade.

There’s always a risk that noise and emotion dominate early moves, while the real story only unfolds with time and hindsight.

Staying patient and looking for those slower shifts can sometimes reveal opportunities—or dangers—that a snap reaction would miss.

Whispers and waves: the broader social impact of market rumours

But the story doesn’t end on the trading floor. As news and speculation ripple outward, rumours quickly become part of daily talk well beyond the realm of investors.

In Nigeria, these whispers often shape conversations in offices, markets, and even family gatherings. People share what they’ve heard—sometimes half-formed, sometimes wildly exaggerated—and those stories influence how individuals see their financial future.

It’s not unusual for a persistent rumour to change the way people spend or invest, especially when the official news still feels uncertain. In times of heightened volatility, even a vague sense that “something big is coming” can push people to act on instinct rather than fact.

READ ALSO:  Tinubu Orders Nationwide Free Rice Distribution For Ramadan, Lent

Past events like the markets tumble after tariffs stand as reminders of how fast collective mood can shift. An unverified story may spark concern, leading to sudden changes in buying habits or investment decisions.

These social waves can sometimes reinforce the initial price swings, creating a feedback loop where fear or hope spreads faster than any official statement. The real challenge for Nigerians is to stay alert, separating genuine risks from the fleeting noise that can so easily take hold.

Learning to read between the lines in a world of instant reactions

That feedback loop of fear or hope makes it even more important for traders and everyday Nigerians to pause before responding to the next headline or rumour.

Markets move in minutes, but acting without checking the facts can lead to costly mistakes or missed opportunities.

Stories like the market slump Trump urges case show just how quickly confusion can take hold when news is unclear or contradictory.

With so much information out there, it’s easy to get swept up in the noise and lose sight of what’s actually happening.

For investors in Nigeria and beyond, success now means asking tough questions about every claim—no matter how urgent it sounds.

It’s not just about being first to react, but about knowing when to wait, check sources, and think critically before making a move.

In the end, the fastest move isn’t always the smartest.

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5,000 students to receive vaccine at UK varsity after two die in meningitis outbreak

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About 5,000 students are set to receive the meningitis B
(MenB) vaccine at the University of Kent following an outbreak that has left
two people dead.

According to the UK Mirror, the move comes as health
officials race to contain the spread of the disease, with hundreds of close
contacts being offered antibiotics as an immediate precaution.

Fifteen cases of meningitis have been reported in the
Canterbury area to the UK Health Security Agency (UKHSA), all requiring
hospital admission.

Four were confirmed as MenB, while officials warn the number
could rise given the infection’s incubation period of two to 14 days.

The BBC identified the two deaths as a 21-year-old
university student and Juliette, a sixth-form pupil at Queen Elizabeth’s
Grammar School in Faversham.

Susan Hopkins, UKHSA chief executive, described the outbreak
as having an “explosive nature”, while deputy chief medical officer Thomas
Waite said it was the fastest-growing outbreak he had seen in his career.

According to the BBC, Hopkins said the pattern suggests a
possible super-spreader event within university halls of residence, likely
linked to social mixing, but the source of the initial infection remains
unclear.

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READ ALSO:  Tinubu Nominates Lamido Yuguda, Former SEC DG, As CBN Deputy Governor
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20kg Coc@ine Shipment: Court convicts 10 Filipino Sailors, vessel, imposes $6m fine

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The National Drug Law Enforcement Agency (NDLEA) has secured the conviction of 10 Filipino sailors and their merchant vessel, MV Nord Bosporus, over the importation of 20 kilograms of coc@ine into Nigeria through the Apapa seaport in Lagos.


The agency’s spokesman, Femi Babafemi, disclosed on Wednesday that the Federal High Court in Lagos also imposed fines and restitution totaling $6 million, alongside an additional N1.1 million penalty on the convicts.


The vessel and its crew were arrested on November 16, 2025, following the interception of the cocaine consignment concealed onboard the ship, which originated from Santos, Brazil.


Subsequently, the NDLEA filed a four-count charge against them in suit number FHC/L/1232C/25 before the Federal High Court 2, Lagos, led by the agency’s Director of Prosecution and Legal Services, Theresa Asuquo.


The defendants, however, pleaded guilty and entered into a plea bargain agreement.


Delivering judgment on Wednesday, Justice Ayokunle Faji found the vessel guilty under Section 25 of the NDLEA Act and ordered it to pay a N100,000 penalty and $5.35 million in restitution to the Federal Government.


Three principal officers of the vessel—the 2nd, 3rd, and 4th defendants—were each fined N100,000 and ordered to pay $100,000 in restitution, while the remaining seven crew members were fined N100,000 each and $50,000 in restitution apiece.


In total, the vessel and its crew are to pay $6 million and N1.1 million as fines and restitution.


Reacting to the judgment, NDLEA Chairman/Chief Executive Officer, Brig. Gen. Mohamed Buba Marwa (retd), described the conviction as a major victory in the fight against drug trafficking.

READ ALSO:  Tinubu Nominates Lamido Yuguda, Former SEC DG, As CBN Deputy Governor


He said the ruling sends a strong warning to international drug cartels and their collaborators that Nigeria’s territorial waters are no longer safe for illicit narcotics operations.


“The conviction is a resounding victory for the rule of law and a powerful testament to the renewed vigour of the NDLEA in our mission to rid Nigeria of illicit drugs,” Marwa said.


He added that the $6 million penalty would serve as a costly deterrent to criminal networks, stressing that the agency has moved beyond seizures to targeting the financial backbone of drug trafficking syndicates.


Marwa commended officers of the Apapa Strategic Command for their vigilance in uncovering the coc@ine hidden deep within the vessel’s cargo, noting that the success reflects the effectiveness of the agency’s intensified enforcement strategy.


He also praised the Directorate of Prosecution and Legal Services, as well as the judiciary, for ensuring the speedy trial of the case.


“This synergy between the NDLEA and the courts is the nightmare of every drug baron, and we will continue to strengthen this partnership until every drug supply chain in Nigeria is dismantled,” he said.


Reaffirming the agency’s resolve, Marwa stressed that the fight against drug trafficking is critical to safeguarding the nation’s youth and security, adding that intelligence gathering and operational capacity would continue to be strengthened.

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Adamawa PDP Inaugurates Local Government Caretaker Committees After Fintiri‘s Exit

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The Peoples Democratic Party, PDP, has inaugurated party caretaker committee for each of the 21 local government areas in Adamawa State.

 

Members of the new temporary leaderships at the local government level include a chairman, a secretary and three ex-officials for each of the local council areas.

 

The new leadership, assembled by appointment, are tasked with handling the affairs of the party before the conduct of elections as enshrined in the PDP constitution.

 

Administering the oath of office on the interim officials, a legal practitioner picked for the assignment, John Tunoh charged the interim committee members to adhere to the provisions of the PDP and national constitutions.

 

Speaking during the inauguration ceremony in Yola, the state interim PDP chairman, Belmont Dogo told the new leaders that the strength of any political party lies in its structure at the grassroots.

 

“As local government caretaker committee members, you represent the engine room of the party in your respective areas,” he said, adding, “It is your responsibility to help reposition the party, rebuild confidence among our members, and prepare the ground for future successes.”

 

Responding on behalf of the caretaker committee members, the caretaker chairman of Fufore Local Government Area, Inuwa Umar, pledged to contribute to the growth of the party.

 

DAILY POST reports that the PDP in Adamawa State needs new strategy after most notable members left its fold, especially after Governor Ahmadu Fintiri led the way last month, February 27, when he officially announced his defection from the party.

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Fintiri, including all his commissioners, special advisers and other appointees as well as PDP members in the national and state House of Assembly are now in the All Progressives Congress, APC.

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CDS Oluyede, COAS Land In Borno After Bomb Blasts

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The Nigerian Chief of Defence Staff, Gen. O.O. Oluyede, and Chief of Army Staff, Lt. Gen. Waidi Shaibu, have arrived in Maiduguri, Borno State, following a triple bombing on Monday evening that claimed 23 lives and left 108 people injured.

 

It is reported that both officers landed on Wednesday in a white and red-painted jet at the Maiduguri Air Force Base.

 

 

It was earlier reported that President Bola Tinubu directed the service chiefs to relocate to the state in response to the attacks.

 

In a statement posted on his official X handle on Tuesday, the President mourned those who lost their lives and commended troops for repelling coordinated assaults on military positions.

 

“I want to make it categorically clear that these acts of terror are the final desperate and frantic attempts by criminals and terrorist elements trying to instil and spread fear, as they are under constant pressure from our brave armed forces and security agencies operating in various theatres,” President Tinubu said.

 

He added that he had instructed security chiefs to move to Maiduguri to take charge and ordered emergency agencies to provide care for the injured.

 

“I have directed security chiefs to move to Maiduguri to take charge of the situation. I have also directed the emergency agencies to provide proper care for the injured,” he stated.

 

On arrival, the CDS and COAS were received by the Theatre Commander of the Joint Task Force (North East) Operation Hadin Kai, the GOC, and other top military officials at the Maiduguri Air Force Base.

READ ALSO:  Keyamo to Review Airports’ Cashless Policy, Urges Nigerians to Bear With Authorities

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