2027: FOREIGN INVESTORS EXPECT TINUBU TO WIN SECOND TERM - FINANCE MINISTER, TAIWO OYEDELE

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said domestic and international markets have largely dismissed Nigeria’s opposition parties as unserious, with investors expecting President Bola Tinubu to secure a second term and sustain his economic reforms.

Speaking at the closing briefing of the IMF/World Bank Annual Meetings in Bangkok, Thailand, Oyedele said investors had repeatedly questioned whether the government would reverse its policies ahead of the next election.

“In all the meetings I have had, I came to a conclusion that the markets, including the domestic market and the international market, have largely written off the opposition in Nigeria as being unserious,” he said.

He ruled out a return to fuel subsidies and multiple exchange rates, warning that reversing the reforms could trigger capital flight and weaken the naira.

“Let me be clear: there will be no return to fuel subsidies or multiple exchange rates,” he stated.

Oyedele also said private investment had risen from about $300 million in 2023 to $6 billion in 2026, while net foreign reserves had increased from barely $3 billion to over $45 billion.

Trending on RwGBlog News 🔥🔥

CANADA WILL BECOME THE 51ST STATE OF THE U.S - PRESIDENT TRUMP DECLARES

Image
U.S. President Donald Trump has said Canada will “end up being the 51st state,” renewing complaints about trade tariffs and accusing the neighbouring country of treating the United States unfairly. Speaking at a campaign rally in Bullhead City, Arizona, on Wednesday, October 14, Trump said, “Canada treats us very badly. They always have. Not anymore. It’s a whole different ball game now that Trump is in town.” He criticised Canadian tariffs on milk and other goods, as well as companies moving their factories to the U.S. “They’ll end up being the 51st state, because that’s the only way it works,” Trump said. “We don’t need them, but they need us.” He also questioned why the U.S. should lose billions of dollars supporting Canada, adding that the country’s territory “just adds to our beautiful plate,” in an apparent reference to his remarks about Greenland. The comments came amid renewed trade tensions. U.S. Ambassador to Canada Pete Hoekstra had suggested that remarks by Cana...
Continue Reading »

RIVERS DEPUTY SPEAKER URGES OGONI YOUTH LEADERS TO EMBRACE TRANSPARENCY, ACCOUNTABILITY AMID OIL RESUMPTION TALKS

Image
PORT HARCOURT, RIVERS STATE — The Deputy Speaker of the Rivers State House of Assembly, Rt. Hon. Dumle Maol, Esq., has urged the leadership of the Ogoni Oil and Gas Host Communities Youth Association to embrace transparency, accountability and purposeful leadership in advancing the interests of oil-producing communities in Rivers State. Maol gave the charge when the leadership of the association, led by its President, Comrade Teddy Gianen, paid him a courtesy visit to introduce the organisation, explain its mandate and discuss the need for increased youth participation in issues affecting Ogoni host communities. The Deputy Speaker commended the association for bringing young people together under a common platform but emphasised the need for its leadership to demonstrate a clear vision and pursue initiatives capable of delivering tangible benefits to the communities it represents. He encouraged the association to establish practical priorities guided by its constitution and...
Continue Reading »

47-YEAR-OLD CANCER RESEARCHER DIES FROM DISEASE SHE SPENT HER LIFE TRYING TO CURE.

Image
Dr. Rachna Shroff, a University of Arizona cancer researcher who specialised in pancreatic and bile duct cancers, has d+ed at 47 after battling the disease she spent her career trying to eradicate. The American Society of Clinical Oncology announced that she “passed away following a battle with an aggressive cancer.” Shroff, a mother of two, was diagnosed with terminal adenocarcinoma earlier this year after doctors examined a swollen lymph node in May and discovered that the cancer had spread. Despite her diagnosis, she continued to reflect on her lifelong mission to help patients. Speaking to NBC News, she said, “I’ve spent my entire life trying to eradicate cancer, primarily pancreatic cancer but also liver cancers.” The researcher, who authored more than 80 publications, also launched a Conquer Cancer Young Investigator Award in her name. More than $1.35 million has reportedly been raised for cancer research, which the University of Arizona described as “one of her final...
Continue Reading »

KWANKWASO PREDICTS LANDSLIDE VICTORY FOR TINUBU IN 2027 ELECTIONS

Image
Dr Musa Illiyasu Kwankwaso, a member of the APC Presidential Campaign Council, has predicted a landslide victory for President Bola Tinubu in 2027, citing growing support from politicians across party lines. Kwankwaso, Director of Finance at the Hadejia-Jama’are River Basin Development Authority, made the prediction in a statement issued in Abuja on Thursday. He said politicians from APGA, Labour Party, PDP and Accord Party joining Tinubu’s re-election campaign demonstrated growing confidence in his leadership and economic reforms. “To me, the inauguration of the Presidential Campaign Council is like a congregation celebrating the re-election of President Tinubu back to office. What else remains when the same Nigerians we are supposed to campaign for have collectively come forward in unison for one person Tinubu?” he said. Describing the cross-party support as unprecedented, he added: “It has never happened in Nigeria’s political history that one man could attract nearly al...
Continue Reading »

PIPELINE EXPLOSION IN ALETO: OGONI OIL AND GAS HOST COMMUNITIES YOUTH ASSOCIATION CALLS FOR DAMAGE ASSESSMENT, COMPENSATION AND MEDICAL CARE

Image
The Ogoni Oil and Gas Host Communities Youth Association has called for an urgent assessment of damage, adequate compensation for affected persons and prompt medical care for victims following a reported pipeline explosion in Aleto, Eleme Local Government Area of Rivers State. The Association made the call during a visit to the affected site to assess the situation and express concern over the potential impact of the incident on residents, property and the surrounding environment. The Association urged relevant government agencies, pipeline operators and other responsible authorities to conduct a comprehensive assessment to establish the extent of the damage and identify individuals and communities affected by the explosion. It stressed that persons who suffered losses or injuries should receive appropriate compensation and support in line with applicable laws and established procedures. It also called for prompt medical attention for anyone injured or otherwise affected by...
Continue Reading »

BAYELSA MONARCH, MOSES THEOPHILUS KENIBARA VII, REPORTEDLY DIES AFTER FAILED LIPOSUCTION SURGERY

Image
The Amadabo of Moko-Ama in Bayelsa State’s Akassa Kingdom, His Royal Highness Moses Theophilus Kenibara VII, has reportedly d+ed following complications from a liposuction procedure. The monarch, who was 64, was the traditional ruler of Moko-Ama in Sangana, Brass Local Government Area of Bayelsa State. According to TheNewsGuru, tributes began circulating on social media around October 8 and 9, 2026, as mourners remembered the late king for his contributions to peace, unity and development in the Niger Delta. Beyond his traditional leadership, Kenibara VII served as Chairman of the Akassa Clan Council of Chiefs and Chairman of the Central Zone of the Ijaw National Congress (INC). He was crowned Amadabo of Moko-Ama in 2016, a position he reportedly regarded as a divine calling. The late monarch subsequently became Chairman of the Akassa Clan Council of Chiefs, succeeding Chief Newton Igbani-Okuru.
Continue Reading »

RIVERS CP REMOVES DPO FOLLOWING VIRAL VIDEO OF ALLEGED CULTIST RENOVATING POLICE STATION

Image
The Rivers State Police Command has relieved the Divisional Police Officer (DPO) in charge of Abuloma Division and the officer overseeing the affected police outpost of their duties following a viral video showing the renovation of the facility, allegedly carried out by members of De Norsemen Kclub International (DNKI), popularly known as the Norsemen Club in Nigeria. The video, which circulated online and was shared by platforms including Naija Confra, Ogoni  Rant  Media and other blogs, reportedly showed the renovated Abuloma Police Outpost and a celebration marking the completion of the project on Thursday, October 15, 2026. The development has sparked public attention, prompting the Police Command to order a full investigation into the circumstances surrounding the renovation and the extent of any police involvement. In a press release issued on Friday, October 16, the Command said the Commissioner of Police, CP Olugbenga A. Adepoju, had ordered the removal of ...
Continue Reading »

BREAKING: PANIC AS TWO-STOREY BUILDING PARTIALLY COLLAPSES IN PORT HARCOURT TOWNSHIP, FIVE INJURED

Image
Part of an old two-storey building located at No. 18 Club Road, Old Port Harcourt Township, reportedly collapsed at about 10:21 p.m. last night, leaving five people injured. According to Amb. Prince John Tamunokuro, President of the Port Harcourt Township United Pressure Groups, no deaths were recorded in the incident. Tamunokuro disclosed the incident while drawing public attention to the collapse, describing the building as an old structure. Although the cause of the collapse has yet to be established, the incident raises concerns about the condition and safety of ageing buildings within the township. Residents and relevant authorities are urged to pay attention to the structural condition of old buildings to help prevent further incidents and protect lives and property. As of the time of this report, no further details were provided regarding the condition of the injured victims or any official response from the relevant authorities. ...
Continue Reading »

15-YEAR-OLD GIRL ARRESTED FOR USING AI TO FRAME HER EX-BOYFRIEND FOR A SCHOOL SHOOTING THREAT IN U.S

Image
A 15-year-old girl in Florida has been charged after allegedly using an AI-altered image to frame her ex-boyfriend for threatening a school sh%oting. According to the Hillsborough County Sheriff’s Office, deputies responded to Riverview High School on Wednesday, Oct 14, after school administrators received an email containing a screenshot of an Instagram post threatening a sho%ting at the campus. The post appeared to have been made by a male student at the school. However, after interviewing him, detectives determined that he had not published the threat. Further investigations linked the incident to his 15-year-old ex-girlfriend, who was a former student of the school. Authorities said the teenager later admitted to sending the email containing the image that had been altered using artificial intelligence (AI). She was charged with making a written or electronic threat to conduct a mass sh%oting, unlawful use of a two-way communications device, and disrupting a school camp...
Continue Reading »

OGONI OIL AND GAS HOST COMMUNITIES YOUTH ASSOCIATION JOINS PINL STAKEHOLDERS’ MEETING, HONOURS PIPELINE INFRASTRUCTURE NIGERIA LIMITED

Image
The leadership of the Ogoni Oil and Gas Host Communities Youth Association, led by its President, Comr. Teddy Gianen, alongside the Secretary General, Noble Obari Nwolu, led members of the Association to the special stakeholders’ meeting convened by Pipeline Infrastructure Nigeria Limited (PINL) The meeting brought together key stakeholders, community representatives, and other relevant interests to strengthen collaboration, promote constructive engagement, and advance the collective responsibility of protecting critical national oil and gas infrastructure. A major highlight of the gathering was the presentation of a Royal Ward of Recognition to Pipeline Infrastructure Nigeria Limited by members of Kegbara Dere Community, in appreciation of the company’s outstanding service, institutional commitment to community welfare, and dedication to the protection and security of Nigeria’s oil assets. The recognition represents an important acknowledgement of the role that responsible...
Continue Reading »