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Meet Nigeria’s Nationalist, Obafemi Awolowo

Rufus Okoro Chief Obafemi Awolowo (1909 – 1987) was a Nigerian nationalist, lawyer, statesman, and one of the country’s most influential political leaders. Born Obafemi Jeremiah Oyeniyi Awolowo on March 6, 1909, in Ikenné, present-day Ogun State, Nigeria. He studied law at the University of London and qualified as a barrister. Awolowo founded the Action Group (AG) political party in 1951. He served as the Premier of the Western Region from 1954 to 1960, later emerged the Leader of the Opposition in Nigeria’s federal parliament. ALSO READ >>> Meet Nigeria’s First President, Nnamdi Azikiwe He served as the Vice-Chairman of the Federal Executive Council and Minister of Finance, during the Nigerian Civil War, 1967–1971. Awolowo introduced free primary education and free healthcare for children in the Western Region, which became a model in Nigeria. He advocated federalism as the best system for Nigeria’s diverse ethnic groups. He was widely know...

Tinubu seeks Senate Approval for $21.5bn Loan, others

The Nigeria's President, Bola Tinubu, has sought the approval of the Senate for the 2025-2026 external borrowing plan of $21.5 billion.

Tinubu also sought the approval of the Senate for a loan request of 15 billion Japanese Yen and 51 million Euros grant.

Tinubu’s request is contained in a letter addressed to Senate President Godswill Akpabio and read at plenary in Abuja on Tuesday, May 27, 2025.

The president stated: ”Following the removal of the first fuel subsidy and its impact on the national economy, approval is sought for the external building plan.

“I want to emphasise that the projects and programmes included in the plan were selected based on technical and economic evaluations and the anticipated contributions to the socioeconomic development of the country.”

Tinubu noted that the initiatives were aimed at generating employment, promote skill acquisition, foster entrepreneurship, reduce poverty and enhance food security.

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He strongly opined that the move would improve the livelihoods of Nigerians.

Tinubu added that majority of the projects and programmes would be implemented across the country.

He stated: “These funds will primarily be directed towards critical infrastructure projects including sectors in power, railways healthcare among others.

“Given the urgent nature of business and the importance of stabilising the economy, it is therefore crucial to seek approval of the distinguished senate for the 2025-2026 external borrowing plan.

“This will enable the government to fulfill its obligations to the Nigerian people through timely and effective project implementation.”

Akpabio thereafter forwarded the request to Senate Committee on Local and Foreign Debts for further legislative inputs and to revert to plenary within two weeks.