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Nigerian Politicians Should Contribute To Offset The Country’s Debt – Afe Babalola

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Chief Afe Babalola, founder, Afe Babalola University, Ado Ekiti, has said that the purchase of political parties’ presidential nomination forms with huge amounts by politicians has shown that there is enough money in circulation with which they can assist Nigeria.

Babalola, who said the country’s economic state with trillions of dollars in debt should be of concern to the politicians and the presidential candidates, called for the establishment of a fundraising committee to seek donations to reduce the nation’s debt profile.

The ABUAD founder, who spoke in Ado Ekiti on Friday shortly after he was honored by the Nigerian Medical Association, Ekiti State branch with the Distinguished Medical Vanguard Award in recognition of his contributions to the health sector, said politicians had shown they are capable of making huge donations for the good economic health of the country.

He said, “You noticed how many people paid over N100m to be elected or selected by their parties. Nigeria is owing trillions of dollars as a debt, the new man who is coming to lead should take advantage of the fact that we now know that we have so much money circulating in this country, where people can donate N100m at a time.

“The other time we had COVID-19 and states asked people to donate, I know what I donated in my state. Now that we know we have people who can donate N100m with ease, let us ask these people, let us pay our debts first, and we can now pay without waiting for anybody.

“My appeal, to the elected candidates and as well the aspirants, is to quickly and urgently launch a fund for everybody to contribute. Launch a fundraising committee to ask people, especially those who have the money that we now know to donate between N100m and N1bn each.

BIG STORY

Nigerians Want Results – We Can’t Allow 2009 Crisis To Persist — Tinubu To Service Chiefs

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President Bola Tinubu has charged the newly appointed service chiefs to urgently stamp out security threats across the country, insisting that Nigerians are no longer willing to tolerate excuses.

Tinubu gave the directive on Thursday at the State House council chambers in Abuja during the official decoration ceremony for the new military chiefs.

Those decorated were Olufemi Oluyede as chief of defence staff; Waidi Shaibu as chief of army staff; Idi Abass as chief of naval staff; Kevin Aneke as chief of air staff; and Emmanuel Undiendeye as chief of defence intelligence.

The ceremony followed the approval of the nominees by the national assembly after Tinubu sought expedited confirmation to ensure the new military leadership could immediately assume office.

Addressing the service chiefs, the president said the nation expects decisive and measurable action against insecurity, particularly in the north-central and north-west regions where new armed groups have recently emerged.

He told the military brass that his administration would provide them with the support they need, but stressed that the era of excuses is over.

“There cannot be sufficient development if this fundamental aspect of human need is unmet. Our people and our nation must remain secure to enjoy the benefits of governance,” Tinubu said.

“We must smash the new snakes right in the head. We need to clean them up, clear them out, and make our nation safe again.

“Nigerians expect visible results, not excuses. We are in a hurry to celebrate peace.

“Let’s stay ahead of those who seek to threaten our peace, freedom and stability. We cannot allow the crisis that began in 2009 to persist any longer. It is time to defeat the enemies.”

Speaking on behalf of the service chiefs, Oluyede assured citizens that the armed forces remain committed to restoring peace and creating an environment where socio-economic activities can thrive.

“I want to thank all Nigerians for the support they give to the armed forces,” he said.

“I expect that they give us more so that we can make Nigeria safer.

“I want to assure Mr. President and all Nigerians today that we’ll do our utmost best to ensure that we rid Nigeria of all forms of criminality and make Nigeria safer to ensure socio-economic endeavours can thrive.

“We pledge our loyalty to Mr President, and we assure you that we will continue to support the flourishing democracy and support all your government aspirations to make Nigeria better. That’s our pledge for you today, long live Nigeria.”

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UPDATE: Army Redeploys 56 Major-Generals, 11 Brigadier-Generals In Sweeping Shake-Up

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The Nigerian Army has carried out a major reshuffle involving its top leadership, redeploying 56 major-generals and 11 brigadier-generals across various formations and units.

This is according to a report by TheCable.

The reassignments were approved in a posting memo dated October 30, 2025, signed by E.L. Okoro, military secretary (army), and obtained by TheCable. According to the document, the senior officers are to assume their new duties on November 3, 2025.

Only four major-generals — P.A.O. Okoye, Y. Yahaya, I. Otu and S. Nuhu — will remain in their current commands, but with updated appointments.

“It is the responsibility of all formations/unit commanders whose officers are affected by this posting to implement accordingly,” the memo stated.

“Officers must take over on the effective dates indicated herein, while the receiving formation/unit must furnish AHQ Dept of MS with the date the officer was taken on strength.

“Formations/unit commanders are to take immediate administrative action on any officer who fails to report on the effective date of posting and inform this department accordingly. Commanders who fail to release posted officers to report on the date stipulated will be appropriately sanctioned.

“Commanders will also be held responsible for lapses in the implementation of the directive contained herein.”

The latest changes come just days after President Bola Tinubu approved a reorganisation of the nation’s service chiefs. Major-General Waidi Shaibu recently assumed office as chief of defence staff (CDS), replacing Lieutenant-General Olufemi Oluyede, who was elevated to head the armed forces.

Air Vice-Marshal Sunday Aneke was appointed chief of air staff, while Rear Admiral Idi Abbas became chief of naval staff.

The redeployment follows weeks of heightened security attention in the military hierarchy amid reports of a failed coup plot, which authorities have consistently denied.

FULL LIST OF OFFICERS AFFECTED

T.T Sidick
B.A Alabi
O.T Olatoye
O.G Onubogu
J.H Abdussalam
S.T Shafaru
A.G Ibrahim
P.P Malla
W.B Idris
S.S Jiya
T.E Gagariga
A.A Aboaba
I.G Lassa
J.O Adeyemo
A.G.L. Haruna
G.M Mukim
E.O Agbebaku
M.T Abdullahi
A.M Garba
S.T Audu
U.B Abubakar
A. Garba
P.O Hodibia
P.A.O Okoye
A.E Edet
W.B Etuk
M.A Etsu-Ndagi
A.A Adereti
Y. Yahaya
V.U Okoro
H.I Mabeokwu
K.O Osemwegie
R.I Odi
S. Nicodemus
O.M Bello
U.T Opuene
M.L.D Saraso
A.A Ekubi
I.B Maina
A.A Idris
M.T Usman
I.M Abdullahi
A.O.D Okoro
O.D Williams
H. Yanel
E.S Mustapha
J.O Attah
A.A.W Hassan
M. Adamu
O.A Awolo
O.A Fadairo
I. Otu
S.D Makolo
J.R Lar
N.D Shagaya
V.D Beryo
M.D Danja
S. Nuhu
K.E Chigbu
A.G Mahmuda
J.D Bulus
S.M Uba
I.P Bindul
A.M Inuwa
Y.D Ahmed
R.E Hedima
K.N Nwoko
S.Y Yakasai
O.M Oyekola
K. Rabiu
A.O Owolabi

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UPDATE: Two Suspected Coup Plotters On The Run As Military Makes More Arrests

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Two military officers have reportedly fled Nigeria after being linked to an alleged plot to overthrow the government and dismantle democratic institutions, TheCable has learnt.

The escape comes as the military continues to intensify its crackdown on alleged conspirators, following the initial detention of 16 officers in the first week of October.

According to TheCable, Sources familiar with the investigation said that authorities had identified 18 officers for arrest in connection with the plan, but two escaped before they could be apprehended.

One of the officers on the run has been identified as Major JM Ganaks, with service number N/14363, from the federal capital territory (FCT). Military insiders said he belongs to Regular Course 58 of the Nigerian Defence Academy (NDA) and was stationed in Jaji, Kaduna state.

Also declared wanted is Captain G. Binuga, with service number N/167722, who hails from Taraba state. Binuga is listed under Regular Course 64 and was serving at DHQ SOF in Bida, Niger state.

According to security sources, statements obtained from some of the detained officers have been instrumental in making additional arrests. It is estimated that more than 30 officers are now in custody, with investigators pursuing further leads.

While some suspects are said to be refusing to cooperate, several others have reportedly provided “useful information” to authorities handling the probe. Contrary to speculation circulating across various platforms, the alleged coup was not scheduled for October 1; rather, arrests only began during the early days of the month.

The military has yet to officially acknowledge a coup attempt. The Defence Headquarters (DHQ) recently insisted that the ongoing detention and interrogation of 16 officers is part of a “routine internal process aimed at ensuring discipline and professionalism within the ranks.”

The investigation, however, continues to unfold as security agencies track down remaining suspects believed to be connected to the foiled plot.

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