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Inexperienced Boy Who Had Never Worked Anywhere Owns A Private Jet Under Buhari’s Administration – Former Emir of Kano, Sanusi

The former governor of the Central Bank of Nigeria (CBN), who stated this in a video message in Hausa

The 14th Emir of Kano, Muhammadu Sanusi II has slammed former President Muhammadu Buhari-led administration.

He said Buhari treated the economy without recourse to experts’ advice.

According to Daily Trust, the former governor of the Central Bank of Nigeria (CBN), who stated this in a video message in Hausa, said that some ”sycophants” that surrounded Buhari, exploited the system, bought dollars at N400 and sold at N540, adding that an “inexperienced boy” owned a jet under the past administration.

He said borrowing had crippled Nigeria’s economy, urging the citizens to be patient with the current administration led by President Bola Tinubu, the report added.

“The last eight years, Nigeria led a false life, the government borrowed from within and without. About N30 trillion was borrowed from the Central Bank,” he said.

“All the revenue the country generated in the last few years couldn’t service debt. Debt service exceeded 100 per cent. Government borrowed to service debts. No country can grow this way. Time will come when one cannot borrow any more. Additionally there will be nothing to pay debts.

“Those writing, demanding that we speak on the current situation in the country; this is not the right time for me to speak. It was like a driver on the road driving recklessly despite a wise counsel telling him of a crater ahead. What will you tell after plunging the car into the hole?

“People refused to listen to us then. We will only now advise them to be patient. I will never say Tinubu has pushed Nigeria into difficulty. I am not saying he is flawless or flawed. We will speak when he goes astray. The government can’t pay subsidies since it doesn’t have the means.

“If they add tax, we have to pay since borrowing is impossible. If the CBN printed more naira, the dollar would jack up to N1,500. We must suffer. When I was the CBN governor it was N150. Today it is N935

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Lagos Police Arrest 32 Suspects, Recover 43 Vehicles, 10 Firearms

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Lagos Police Arrest 32 Suspects, Recover 43 Vehicles and 10 Firearms

The Lagos State Police Command has arrested 32 suspects in connection with alleged armed robbery, cultism and other criminal activities across the state.

The command also recovered 43 vehicles, 10 firearms and other items during various operations conducted by its operatives, The Nation reports.

According to the police, the arrests and recoveries were recorded as part of intensified efforts to tackle criminal activities and improve security across Lagos.

The command said the suspects are being investigated over their alleged involvement in different offences, while the recovered vehicles and firearms have been secured as exhibits.

The police also disclosed that a 20-year-old suspect was arrested in connection with the alleged killing of a police sergeant.

The command said investigations were ongoing into the various cases, with efforts being made to establish the roles of the suspects and identify other individuals who may be connected to the alleged crimes.

The latest arrests come amid broader police operations across the country. In a separate nationwide update covering September 12 to 18, the Nigeria Police Force said 177 high-profile criminal suspects were arrested and 52 stolen vehicles recovered during operations across different states.

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NECO Releases 2026 SSCE Results as 58.67% Secure English, Maths Credits

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The National Examinations Council (NECO) has released the results of the 2026 Senior School Certificate Examination (SSCE) Internal, with 58.67 per cent of candidates obtaining at least five credits, including English Language and Mathematics.

NECO Registrar and Chief Executive, Professor Dantani Wushishi, announced the results on Thursday at the council’s headquarters in Minna, Niger State.

A total of 1,378,048 candidates registered for the examination, comprising 682,352 males and 695,696 females. Of the registered candidates, 1,371,992 eventually sat for the examination.

According to NECO, 804,948 candidates, representing 58.67 per cent, obtained five credits and above, including English Language and Mathematics. Another 1,162,118 candidates, representing 84.70 per cent, obtained at least five credits irrespective of their results in the two subjects.

The 2026 examination was conducted between June 15 and July 23 across Nigeria and six foreign countries: Benin Republic, Equatorial Guinea, Niger Republic, Côte d’Ivoire, Togo and Saudi Arabia. The nationwide marking exercise took place from August 17 to September 4.

NECO also reported a significant reduction in examination malpractice. The council said the number of candidates involved in malpractice fell from 3,878 in 2025 to 1,406 in 2026, representing a 64.74 per cent decline.

The registrar attributed the reduction to strengthened examination monitoring, improved processes and collaboration with security agencies and other stakeholders.

The council also disclosed that candidates with special needs participated in the examination, as part of its efforts to make the examination process more inclusive.

NECO said candidates can now access their results through its official result-checking platform using their examination registration details.

The release of the results comes 63 days after the conclusion of the 2026 SSCE examination.

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Nigeria’s FX Supply Rises 20.5% to $8.94bn in 2025

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Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025, up from $7.43 billion recorded in 2024, according to data from the Central Bank of Nigeria (CBN).

The figures were contained in the apex bank’s 2025 Statistical Bulletin and represent an increase of about $1.51 billion in annual foreign exchange supply.

Monthly figures showed that supply remained relatively low at the beginning of 2025 before rising significantly in March and April.

FX supply stood at $590.64 million in January and $607.63 million in February. It then climbed to $1.04 billion in March before reaching its highest monthly level of $1.65 billion in April.

However, supply declined in the following months, falling to $838.93 million in May and $676.31 million in June. It recovered slightly to $759.02 million in July before dropping to $677.84 million in August and $399.80 million in September.

October recorded the lowest monthly figure for the year at $150.10 million. Supply later recovered to $638.38 million in November and $910.73 million in December.

The CBN also reported that total foreign exchange inflows into Nigeria rose from $96.53 billion in 2024 to $109.86 billion in 2025, representing a 13.81 per cent increase.

However, foreign exchange outflows also increased during the period, rising by 27.83 per cent from $38.37 billion to $49.05 billion.

As a result, Nigeria recorded a net foreign exchange inflow of $60.81 billion in 2025, compared with $58.16 billion in 2024.

The CBN data, however, do not provide a detailed breakdown of the sources of the $8.94 billion supplied during the year.

The increase in FX supply comes amid continued efforts to improve liquidity and stability in Nigeria’s foreign exchange market, although the market remained volatile in 2026.

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