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$460,000 ‘drug money’: Tinubu finally speaks! How US government begged me

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That the prosecutors in the case of the $480,000 forfeiture case begged me not to return to press the matter further underscores the fact that there was no indictment, but that they were only after the tax on the money deposited in my accounts, presidential candidate of the All Progressives Congress (APC), Asiwaju Ahmed Bola Tinubu, has declared.

This was his quick riposte to the dust being raised after the surfacing in the public domain of the Certified True Copy (CTC), of the ruling of a US court on issue of the said settlement payment to the government by the former Governor of Lagos State.

Tinubu, who flatly denied that the money forfeited at the instance of the Northern District Court of Illinois, linked to “Bola Tinubu” had any link with drugs, spoke through  Festus Keyamo, spokesman of the All Progressives Congress (APC) Presidential Campaign Council (PCC), who stated that there was no crime linked to the money and it was purely a tax issue.

Tinubu, National Leader of the APC, who is currently angling to replace incumbent, President Muhammadu Buhari, for the nation’s number one job in Abuja, next year, has been assailed by the a groundswell of Nigerians, including Peter Obi, the Labour Party (LP), candidate for the same election, who asked him to come clean on the ugly story.

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In response, to the expose of the court documents, which also stated that there was probable cause to believe that the funds in bank accounts linked to the named Tinubu were proceeds of narcotics trafficking and therefore ruled that the sum of $460,000 in one of the accounts be forfeited to the US government, in the case that was concluded in in 1993, Keyamo, a guest on Politics Today, a Channels Television political programme, on Tuesday, said the former governor was not sued or indicted on any charge, adding that the case was regarding the funds in 10 bank accounts linked to Tinubu.

Emphasising that the $460,000 forfeiture to US authorities was tax deductibles that should ordinarily accrue to the government, he explained: “These processes are mere presumptions. They found money in his (Tinubu) accounts and they said he needed to come forward. In that affidavit of Kevin Moss, they said they interviewed Mobil and Mobil said this man is a treasurer in Mobil. Mobil said the funds are not for them.

“They confirmed his status not as a criminal but as a respected employee of Mobil. It is in that affidavit. After all the rigamarole trying to find out whether the accounts where the money came from are linked to drugs, they came to the conclusion that the deposits he made — what these bankers called investments — they said he had not paid tax on these interests. That is all. Look at paragraph 38. They said it is tax. They took what belonged to them. They even begged Tinubu not to return. Just allow us take what belongs to us and go. They were begging him. It was not punishment, it was no indictment, it was just forfeiture.”

“The deposits he made there (in banks) were what bankers call investments. He kept the money there and he was getting interests. They (US government) said he had not paid tax on those interests. That is all and guess what? The banks are supposed to deduct the tax from source.

“Out of the 10 accounts, it was only one account – the one in Heritage Bank – that they took $460,000 as tax on interest that he benefited on the investment he made in those accounts. In fact, all the money in Heritage Bank was not taken; they took only $460,000 as tax.”

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Apparently pointing accusing fingers on Atiku Abubakar, the candidate of the Peoples opposition Peoples Democratic Party (PDP), as being behind the reincarnation of the controversial court document, following the former Vice President’s recent trip to the US, he said: “His (Tinubu’s) detractors kept bringing up these issues over and over when his political profile is rising, when he wants to run for office or any political turn in his life, they will bring up these issues.

“The date on the papers flying up and down, the date of certification is 2022, so they are using this to confuse people that these are fresh papers. If documents are 40 years old or 100 years old, once you go to court, and apply for certified true copies of those documents, they will give you those documents but they will stamp the day they are giving you those documents.

“This is what our detractors, the PDP, perhaps that is what they went to the US for when they pretended that they went for high-level engagement. This is part of the high-level engagement they went for.”

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Enough! Pursue, overtake, wipe out! *CDS gives new orders against terrorists

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“The safety of our citizens rests on our shoulders. You must remain resolute and go after these criminals until they are eliminated. We must make Nigeria safe at all cost,” were the words with which Olufemi Oluyede Chief of Defence Staff, read the riot act for the umpteenth time against insurgents terrorising many parts of Nigeria.

Against the backdrop of renewed attacks in parts of the country days after the killing of Oseni Omoh Braimah a Brigadier General and I.A. Muhammed, a Colonel, each commanding troops in Borno State, one of the hotbeds of the nearly two decades onslaught in separate outbreaks, the CDS told troops of Operation FANSAN YAMMA to intensify ongoing operations against the terrorists and other criminal elements in the North-West region, stressing the need to ensure security across the country.

At an operational visit to the Headquarters Theatre Command, Joint Task Force North West, Operation FANSAN YAMMA (OPFY), in Gusau, Zamfara State, the military boss who said the visit was aimed at assessing operational readiness, addressing challenges confronting troops, and boosting morale in the ongoing campaign to restore peace and security in the region, commended their resilience, courage, and sacrifices in defence of the nation.

Urging the troops to remain disciplined, professional, and relentless in the fight against banditry and terrorism, the CDS, whose encounter was conveyed by Samaila Uba, a Major General and spokesman, at the Defence headquarters was said to have assured the troops of continued support in the areas of welfare, training, and provision of necessary operational equipment to enable them to discharge their duties effectively.

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Uba, Director of Defence Information, quoted his boss as reaffirming the commitment of the Armed Forces of Nigeria to sustaining pressure on criminal groups until lasting peace is restored across the North West and the entire nation, acknowledging the importance of air support in ongoing operations.

The Defence Chief, while noting that efforts were underway to enhance operational capabilities through additional platforms and improved coordination across theatres of operations, was said to have paid a courtesy call on the Governor of Zamfara State, Dauda Lawal, appreciating him for his continued support of Operation FANSAN YAMMA and the military.

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Jandor: Tinubu didn’t endorses Hamzat *I’ve briefed President on my ambition

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It is not true that President Bola Tinubu has settled for Obafemi Hamzat, currently Deputy Governor, as his choice to replace Babajide Sanwo-Olu, his boss in next year’s governorship election in Lagos.

This angle came from Abdulazeez Adediran, who is also eying the number one job in the state after missing it in 2023, when he contested for it on the platform of the Peoples Democratic Party (PDP), coming third behind Sanwo-Olu the winner and Gbadebo Rhodes Vivour of the Labour Party (LP).

Against the backdrop of emerging stories in recent days that both the President and the powerbrokers in Lagos, had settled for the Hamzat, Adediran, popularly known as “Jandor,” told his host while appearing on Politics Today, a public affairs programme on Channels Television he would be one of the first to know about such a development, being very much keen for the job.

His words: “He (Hamzat) hasn’t even said to us himself that he is running. He is the deputy governor of Lagos, qualified, with over 20 years of experience in that space. As we speak, the party says it’s going to be direct primaries. If tomorrow it says this is what we are doing, we will fall in line. The party is supreme.

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“No, the President hasn’t endorsed anyone. I am an aspirant, and we are a few people also gunning for this. We will be the first set of people to know if there is anything like that because communication will come.”

Revealing his own encounter with the President over the matter, the former PDP candidate, who defected to the All Progressives Congress (APC), last year, admitted that Tinubu neither discouraged him from contesting nor promised him the party’s ticket.

He said his earlier attempt to poach for the job was based on his belief that he could deliver adding that even Tinubu made his own ambition to run for offices open before going for them.

Jandor, who spoke on the political profile in the state, also announced the death of any opposition to the ruling APC structure, adding that though he trusted in his own ability to take over from Sanwo-Olu, he would support any candidate the party produced if he was not favoured.

Hear him: “Absolutely, because if you don’t believe in yourself, nobody will believe in you. When the President was running for the ticket, he came out to say he wanted to run. Lagos politics is increasingly consolidating. There is nothing like opposition again in the state. I will support the party if I fail to secure its ticket.

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With Governor Babajide Sanwo-Olu serving his final term, the race for the 2027 Lagos governorship is gathering pace within the APC.

Prominent figures who have been rumoured to be intersted in the seat include Hamzat, former governor Akinwunmi Ambode, Tokunbo Abiru, an aide to the President, Hakeem Muri-Okunola; Chief of Staff to the President, Femi Gbajabiamila, and Minister of Education, Tunji Alausa.

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NCDMB hosts Q1, 2026 Book Reading Series *Underlines value of reading, creativity

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The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday at its Conference Centre (Rose 1101) hosted the first quarter 2026 edition of its Book Reading Series, with a one-time Director-General of the Nigerian Maritime and Safety Administration (NIMASA), Dr. Dakuku Peterside, as Guest Author.

The event, which focused on the 2025, 204-page publication of the author, Leading in a Storm: Practical Leadership Strategiesin Crisis Situations, had a capacity audience drawn from higher institutions, the mass media, Association of Nigerian Authors (ANA), and Nigerian Institute of Public Relations (NIPR), with several others participating virtually.

In a welcome address, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, represented by the General Manager, Corporate Communications Division (CCD), Dr. Obinna Ezeobi, said the book reading programme, which he described as “a signature event” of the Board, speaks to creativity, which is one of the core values of the Board.

He explained that the event is part of the Board’s strategy infostering intellectual activity and sophistication amongstakeholders as well as building the abilities of Nigerians to operate productively in the oil and gas industry and linkage sectors, which is one of its core mandates.

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The Executive Secretary enumerated several initiatives of the Board geared towards advancement of research and technology, notably, six Centres of Excellence in the nation’s six geopolitical zones, each of which has a unique theme. These are Niger Delta University, Amassoma, with Marine and Petrochemical Technologies as theme; Federal University of Technology, Minna (Engineering Design), and Federal University of Technology, Owerri (Local Raw Materials Substitution).

Others are Modibbo Adama University of Technology (MAUTECH), Yola (Safety and Environment Studies); Usman Dan Fodio University (UDUS), Sokoto (Renewable Energy), and Federal University of Technology, Akure (Geology and Geophysical Studies). Additional research centres established by the Board include Geosciences Research Centre at the University of Lagos and Marine and Offshore Training Centre at Rivers State University, Port Harcourt. The latest is the Centre of Excellence in Gas Development at Delta State University, Abraka, being developed in partnership with Seplat Energy Plc.

According to Engr. Ogbe, the NCDMB is collaborating with Renaissance Africa Energy Company Limited (RAEC), First Exploration and Petroleum Development Company Limited, and the Nigerian Society of Engineers (NSE), to organise the first Nigerian Engineering Olympiad (NEO), which was launched on November 20, 2025 in Abuja. The Olympiad, slated to end in April, 2026, is to encourage final-year and postgraduate students to be innovative in applying engineering principles to real-world operational challenges in and out of oil and gas industry.

In the book conversation segment, moderated by Mr. Victor Binawari, Dr. Peterside explained the inspiration behind Leading in a Storm…, copies of which had been distributed gratis to attendees. “My own lived experience,” he declared, informed the contents and thrusts of the work. He pointed out that “Every single day, Nigerians face one crisis or another,” and that the experiences posit weakness of leadership.

He recalled his time at the National Assembly, when he served as Chairman of the House of Representatives Committee on the Downstream Petroleum sector, with the unremitting crises in fuel supply. As NIMASA Director General he had to contend with recurring incidences of piracy within Nigeria’s territorial waters. Then the COVID-19 pandemic, which saw many world leaders fumbling, unable to determine how best to safeguard the health of citizens. Yet another inspiration was from an uncomplimentary remark by a professor at America’s Kellog School of Management, to the effect that “Africa is in a near-permanent state of crises.”

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“I began to investigate how leaders can perform better in crisis situations,” he explained, adding that calmness, clarity, adaptability, and resilience, are critically important. What kind of choices leaders make when faced with crises would reveal the stuff they are made of.

He outlined eight competencies of crisis leadership, namely, Contextual intelligence (“the ability to read situations accurately and understand the deeper forces at play”); Calm Confidence (which provides emotional stability); Sense-making (which enables a leader to find patterns in chaos and make meaning  from confusion); Strategic Decision-making; Clear Communication; Strategic Flexibility; Coordinating Teamwork, and Facilitating Learning. Every great leader should rank high enough in these.

On his style, which relies heavily on storytelling, he stated that stories are relatable, memorable and engaging, and that “stories teach you principles which you can apply.”

In closing remarks, Mr. Teleola Oyeleke, Supervisor, CCD of NCDMB, thanked Dr. Peterside for readily accepting the invitation and for the wealth experience he shared at the event. He also thanked all participants, while advising them to read and digest the contents of the book. He also echoed the Guest Author in challenging attendees to have personal development programmes.

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