Politics
Senator Adeola denies saying Buhari’s govt borrowed $400bn to stabilize local currency
Senator representing Ogun West Senatorial District, Solomon Adeola has denied saying the administration of former President Muhammadu Buhari borrowed $400 billion to stabilize the naira, claiming he was misquoted at his Saturday event in Ayetoro, Ogun State.
The lawmaker reacted through a statement by his Special Adviser on Media, Mr Kayode Odunaro on Monday, saying the report which was published by major newspapers and online platforms was a misquotation of his speech in Yoruba local language during a town hall meeting of his constituents.
He said the removal of fuel subsidy by President Bola Tinubu and the floating of the exchange rate were the best ways to go, noting that without these fiscal policies, the Nigerian economy was headed for a collapse.
He said: “The previous administrations have been spending trillions of naira on fuel subsidy and defending the naira against the dollar, this was to the benefit of a very negligible number of Nigerians while Nigeria accumulated huge national debt.
“At no point did the Senator mention the name of the former President Buhari or make specific reference to his administration as incurring a debt of $400 billion. It is therefore clear that the debt figure attributed to former President Buhari’s administration is a misquotation from reporters’ translation of the senator’s speech from Yoruba to English language.
The statement said the misquotation must have been as a result of transcription from Yoruba to English, adding that most correspondents of papers that published the report were not in the town hall meeting.
Adeola said he respects former President Buhari and acknowledged his valiant efforts in piloting the economy under the circumstances he found during his tenure.
The embattled National Chairman of the African Democratic Congress, David Mark, on Friday held a closed-door meeting with leaders of the Peoples Redemption Party in Abuja. The private consultation is seen as a fresh round of political moves as the ADC continues to battle a lingering leadership crisis and growing internal divisions.
Top figures from both parties were said to be present at the meeting, including PRP National Chairman Hakeem Baba-Ahmed and senior ADC officials. The development is already drawing attention as opposition parties continue realignments ahead of the 2027 political season, with many watching closely for possible alliances and next steps in the party crisis.
Politics
“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark
ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians
Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.
“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.
“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.
Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.
The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.
Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.
“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.
“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.
“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.
“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.
“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.
David Mark Holds Secret Meeting With PRP Leaders as ADC Crisis Deepens
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