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El-Rufai shares ‘economic forecast’ predicting Nigeria’s collapse in 2026

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Former Kaduna State governor, Mallam Nasir El-Rufai on Thursday shared a dire economic projection for Nigeria, warning of an impending financial collapse in 2026 if urgent measures are not taken.

El-Rufai posted the article, titled ‘Nigeria 2026: The Year All Hell Breaks Loose’ on his official X handle on Friday.

The analysis, authored by Dr. Nnaoke Ufere, utilized machine learning models and economic simulations to forecast a possible breakdown of Nigeria’s economy by September 2026.

El-Rufai said Nigerians should take action now by sharing the article with members of the national and state assemblies.

According to the report, there is a 75 percent probability that Nigeria could spiral into a full-blown debt crisis, leading to a default on external obligations, a crash of the naira, and collapse of the banking system.

The forecast anticipates that Nigeria’s sovereign credit rating will be downgraded to junk status, triggering demands for immediate repayment from creditors and effectively cutting off access to external funding.

The article also warns that multilateral institutions like the World Bank and IMF, as well as bilateral lenders, may not respond swiftly enough to prevent a collapse, leaving the country in economic paralysis.

It further predicts that government revenues will be severely disrupted, especially if creditors seize oil shipment, Nigeria’s primary source of income, leading to states being unable to pay salaries or provide basic services.

The article went further to predict that in response to the funding shortfall, the Central Bank of Nigeria, CBN, may resort to excessive money printing, triggering hyperinflation and widespread economic hardship.

The projection also anticipates shortages of food, fuel and medicine, collapse of public infrastructure, and breakdown of law enforcement—paving the way for increased insecurity and unrest across the country.

“This is not speculation or alarmism,” the report warns. “It is a clear and present danger based on rigorous analysis and robust scenario simulations.”

https://x.com/elrufai/status/1951267212683084144?t=jVIwonL0_BnhmpPkceroPQ&s=19

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EVENTS

PRESIDENT TINUBU CONGRATULATES SENATOR IFEANYI ARARUME ON HIS BIRTHDAY

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President Bola Tinubu felicitates Senator Ifeanyi Godwin Ararume, astute politician and accomplished businessman, on his birthday, December 16.

Senator Ararume’s odyssey in politics began in the late 1980s, when he served as the State Treasurer of the Liberal Convention in old Imo State. He later joined the National Finance Committee of the defunct National Republican Convention.

He represented Imo North in the 9th National Assembly. He was first elected in May 1999 and re-elected in April 2003. He also served on several committees and held other official roles.

President Tinubu commends the former senator for his years of service to the nation and contributions to its peace, unity, and progress.

The President describes Senator Ararume as a resolute and shrewd politician, highlighting his courageous and remarkable political journey through the years.

President Tinubu wishes Senator Ararume a happy 67th birthday and prays that God Almighty will grant him more years of good health and strength.

 

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Ndigbo are no longer spectators in the Nigerian project- Minister Dave Umahi dismisses calls for Biafra under Tinubu’s administration

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The Minister of Works, David Umahi, says the all-inclusive style of governance being practiced by President Bola Tinubu has made the agitation for Biafra an unnecessary clamour.

While speaking at the inspection of the Enugu-Anambra road last Saturday, December 13, Umahi said the Tinubu administration had given Ndigbo what they had sought for decades, not through secession, but through what he described as unprecedented inclusion in national governance and development.

He explained that the agitation for Biafra was historically driven by neglect, exclusion and underrepresentation at the federal level, but insisted that the situation had changed under the current administration.

“When a people are fully integrated, respected and empowered within the structure of the nation, the dream they once chased through agitation has already been achieved through cooperation.

The push for Biafran secession over the years was borne out of neglect, exclusion and underrepresentation but today the narrative has changed dramatically under President Bola Tinubu.

The President has deliberately opened the doors of national development to the South-East. Appointments, policy inputs and infrastructure priorities now reflect true federal balance.

Every sector now bears visible Igbo footprints. The emergence of Igbo sons and daughters in strategic positions is a testament to this inclusion.

Biafra was never about breaking Nigeria; it was about being counted in Nigeria. Through inclusion, equity and concrete development, Ndigbo are no longer spectators in the Nigerian project; they are co-authors of its future. When justice finds a people, agitation loses its voice.”he said

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ADC Launches 90-Day Membership Drive, Fixes Dates For Congresses, National Convention

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The African Democratic Congress (ADC) has announced a 90-day nationwide membership mobilisation, revalidation, and registration exercise as part of preparations for its internal party activities ahead of 2026.

The party also approved provisional dates for its congresses and the election of delegates at the polling unit, ward, and local government levels across the country.

In circulars issued by its national secretary, Rauf Aregbesola, the ADC said the congresses are expected to hold between January 20 and January 27, 2026.

The process, the party said, will lead to the emergence of delegates who will participate in its non-elective national convention scheduled for February 2026 in Abuja.

A statement by Bolaji Abdullahi, national publicity secretary of the party, said the decisions were reached at a meeting of the national working committee (NWC) held on November 27, 2025.

Abdullahi said the timetable and activities were approved in line with the resolutions of the NWC and in accordance with relevant provisions of the party’s constitution.

The ADC said further details on the membership exercise, congresses, and convention will be communicated to party members and stakeholders in due course.

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