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Tinubu: Nigeria Averted Bankruptcy Through Swift Actions

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President Bola Tinubu articulated on Thursday the rationale behind his administration’s economic reforms, saying the primary motive was protecting the interests of future generations.

The President said this at the State House in Abuja while receiving a delegation of former National Assembly colleagues from the aborted Third Republic, during which he served as a Senator representing Lagos West.

“For 50 years, Nigeria was spending money of generations yet unborn and servicing the West coast of our subregion with fuel. It was getting difficult to plan for our children’s future,” Tinubu was quoted to have said in a statement by his media aide, Bayo Onanuga.

He highlighted the challenges faced at the beginning of his administration, especially economic and social issues, and expressed his gratitude for the delegation’s support in addressing these difficulties.

“We faced serious headwinds when I took over, very challenging times. Nigeria would have been bankrupt if we had not taken the actions that we took, and we had to prevent the economy’s collapse.  President Tinubu declared that the administration had been able to stem the tide and expressed appreciation to Nigerians for their collective support in turning things around.

“Today, we are sitting pretty on a good foundation. We have reversed the problem; the Exchange rate is stabilising. Food prices are coming down, especially during Ramadan. We will have light at the end of the tunnel.”

He said firm adherence to democratic tenets is the best route to economic, social, and political development.

“I am happy that you are holding to your belief in democracy. I thank you for keeping faith and remembering how we started. Some people missed the ball.   “Some leadership failed, but we kept the faith with our democratic beliefs and freedom and the right to aspire to the highest office in the land. I am benefitting from it.”

Senator Emmanuel Chiedoziem Nwaka, who spoke on behalf of the group, expressed his delight at some of the programmes that the Tinubu administration had implemented, especially the Nigerian Education Loan Fund (NELFUND) and the Nigerian Consumer Credit Corporation (CREDICORP) and at what the two organisations were offering Nigerians.

“I appreciate you for what you are giving to students because the student population is the largest demographic in the country. I’ve spoken with many of them, and many have benefited from it.

“And the next one is the CREDICORP. That’s a major way of fighting corruption. You see a young man, you come out of school, you want to buy a car, you have to put down cash, you want to buy a house, and you are not married, but with the CREDICORP, you can get things done. I’m following their activities; we are delighted,” he said.

Other members of the delegation were Sen. Bako Aufara Musa, Hon. Terwase Orbunde, Hon. Wasiu Logun, Hon. Amina Aliyu, High Chief Obi Anoliefo and Hon. Eze Nwauwa.

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International News

Ballon d’Or Power Rankings: Mbappe Overtakes Dembele, Messi Drops To 4th

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Kylian Mbappe has significantly boosted his chances of winning the 2026 Ballon d’Or despite strong competition from the likes of Ousmane Dembélé, Harry Kane, and Lionel Messi.

 

The France captain has been electric at this World Cup, scoring eight goals in six games.

He was once again pivotal as France defeated Morocco 2-0 in the quarter-finals, opening the scoring after missing a first-half penalty.

Mbappe’s performances have seen him climb to the top of the Ballon d’Or power rankings, overtaking his French teammate Dembélé, England and Bayern Munich star Harry Kane, and Lionel Messi.

Mbappe has never won the award but came close in 2022-23, finishing third behind Erling Haaland and eventual winner Messi.

According to Polymarket, he now leads with a 28% chance of winning, ahead of Harry Kane (25.4%), Ousmane Dembélé (15%), and Lionel Messi (13%).

Kylian Mbappé has surpassed Harry Kane for 1st place in the Ballon d’Or rankings on Polymarket:

28% – Mbappé
25% – Kane
15% – Dembélé
13% – Messi

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International News

Sadio Mane Announces Retirement From International Football

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Senegalese player and former Liverpool reliable, Sadio Mane has announced his retirement from the Senegalese national team.

In a press release, the Al-Nasir and Senegalese striker writes in particular:

Know that I have sacrificed everything for this flag. I have given the best of myself and have always fought fiercely for our homeland.

Your constant support has been the driving force behind my success.

Tomorrow, it is with pleasure that I will put my experience at the service of the Nation, whether within a technical staff, on a coaching bench, or in governing bodies.

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Bride Killed As Soldiers Exchange Gunfire With Boko Haram Men

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A 3 week old marriage was shattered at early hours of Friday as the bride’s life was cut short by a stray bullet during gun battle by Soldiers and Suspected Boko Haram insurgents.

 

The Boko Haram fighters attacked two military locations in Maiduguri, Borno State capital, killing three residents on the spot including the bride.

According to witnesses, the insurgents stormed a military base at Kofa around 2:14am, and hit another one at Muna around 2:30am.

Report quoted sources from both locations as saying that the attackers drove to the areas on motorcycles shooting sporadically.

They also revealed that all the attacks were successfully repelled by the military but three residents were killed by stray bullets during the crossfire.

Deborah Usman, a resident of Kofa, said, as the insurgents engaged troops at the military post, many residents fled the area for safety.

“It’s at that time that our neighbor, a three-week-old bride, was hit by a stray bullet on the head and she died instantly.

Sources from the Muna area said the attackers engaged the troops that were stationed at the Customs office, trying to infiltrate the capital city.

A resident of Muna, Mannanaye Muhammad, said two people were killed during the attack.

“They were trying to escape the area when the insurgent shot sporadically at their location. Most of us that decided to stay indoors were not affected, but a woman was also injured by a flying bullet in her residence,” he said

He said that funeral prayer was observed and bodies of the deceased are billed for burial by 12 noon.

The attack comes barely 24 hours after the insurgents attacked a military location in Logomani community in Ngala local government area of the state, where a soldier was killed.

Confirming the attack, the Acting Military Information Officer of Operation HADIN KAI, Captain Mohammed Goni, said multiple terrorist infiltration attempts have been repelled by the troops.

The statement read: “Troops of the Joint Task Force North East, Operation HADIN KAI (OPHK), have successfully thwarted multiple coordinated infiltration attempts by ISWAP terrorists across Borno State in the early hours of 10 July 2026.

“Between 0020 hours (12:20 a.m.) and 0230 hours (2:30 a.m.), the terrorists attempted to infiltrate into Muna Garage, Shuwari Village, and the Ajilari Cross axis to gain access into the Metropolis. With early warning mechanisms emplaced, troops swiftly detected the advancing terrorists and engaged them from multiple axes with accurate firepower, decisively frustrating all attempts to infiltrate.

“In separate incidents, troops also successfully thwarted additional infiltration attempts by the terrorists at Miringa and Dutsen Kura in Buratai. During the pursuit of the fleeing terrorists at Miringa, a Mine-Resistant Ambush Protected (MRAP) vehicle triggered an Improvised Explosive Device (IED) with no casualties recorded on troops. The situation remains stable.

“Overwhelmed by the troops’ speedy tactical manoeuvre, the terrorists were forced to abandon their mission and retreat in confusion across all axes. Troops are currently conducting clearance and exploitation operations to pursue the fleeing terrorists, consolidate operational gains, dominate the area, and prevent any further threat to nearby communities.”

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