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2019: You’re next President of Nigeria, Obasanjo tells Atiku

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Atiku, Obasanjo

Former President Olusegun Obasanjo on Thursday forgave his former Vice President and Presidential candidate of the People’s Democratic Party (PDP), Alh. Atiku Abubakar, of any wrong doing and declared him the nation’s next President in 2019.

Obasanjo who addressed Atiku as ” President – to- be” and congratulated him in advance,  added that he and others have  reviewed what went wrong on the side of Atiku and submitted that  the PDP Presidential candidate  has “re-discovered and re-positioned himself.”

The Ebora Owu made this known in his address at his residence within the sprawling Olusegun Obasanjo Presidential Library (OOPL) when Atiku and his entourage comprising the PDP National Chairman, Uche Second us, former Governor of Cross River State, Liyel Imoke,  Director – General, Atiku Campaign Organisation (ACO), Otunba Gbenga Daniel, the Bishop of the Catholic diocese of Sokoto, Rev. Father Matthew Kukah and renowned Islamic scholar, Sheikh Abubakar Gunmi.

Atiku’s visit is coming about 48 hours after an elder statesman, Chief Ayo Adebanjo, led a delegation of Afenifere leaders to the Ebora Owu, where the spokesman of the Socio – cultural organisation, Yinka Odunmakin hinted that the Yoruba race in Nigeria would support a presidential candidate with an agenda to restructure the nation’s flawed federation.

So far, former Vice – President Atiku had continued to promise Nigerians that he would restructure the country within his first year in office if given the mandate to preside over the affairs of Nigeria.

And Obasanjo’s voice is also considered very critical to the electoral fortune of any politician and it is generally believed that whoever earned his endorsement stand a better chance of getting national acceptance, and hitherto, the former President has been unsparing in portraying Atiku as undeserving of the office of Nigerian President.

But after Thursday’s meeting Obasanjo’s position on Atiku changed, tilting towards helping him to win the 2019 presidential race against the incumbent, President Muhammadu Buhari of the All Progressives Congress(APC).

“I am happy to welcome the distinguished leaders of goodwill who have led the PDP Presidential Candidate and my former Vice-President, Atiku Abubakar, to my humble abode and I welcome the Presidential Candidate himself.

“Let me start by congratulating President-to-be, Atiku Abubakar, for his success at the recent PDP Primary and I took note of his gracious remarks in his acceptance speech that it all started here. Yes, when it started, it was meant for Atiku to succeed Obasanjo.

“In the presence of these distinguished leaders of goodwill today, let me say it openly that we have reviewed what went wrong on the side of Atiku.  And in all honesty, my former Vice-President has re-discovered and re-positioned himself.

“As I have repeatedly said, it is not so much what you did against me that was the issue but what you did against the Party, the Government and the country.

“I took the stand I had taken based on the character and attributes you exhibited in the position you found yourself.  I strongly believe that I was right. It was in the overall interest of everyone and everything to take such a position.

“From what transpired in the last couple of hours or so, you have shown remorse; you have asked for forgiveness and you have indicated that you have learnt some good lessons and you will mend fences and make amends as necessary and as desirable.

“Whenever or wherever you might have offended me, as a Christian who asks for God’s forgiveness of my sins and inadequacies on daily basis, I forgive and I sincerely advise you to learn from the past and do what is right and it will be well with you.  Obviously, you have mended fences with the Party and fully reconciled with the Party.

“That’s why today, you are the Presidential Candidate of the Party.  In addition to appreciating all that the Party has done for you, may I advise you to work together with all those who contested for the Party’s flag with you as a team for your campaign.

“There are still areas, nationally and internationally, where you have to mend fences and make amends.  You will know how to handle what is already out and what may yet be put out by the opposition.  But, I am convinced that if you continue with the attitude that brought you here with these distinguished leaders of goodwill, with remorse and contrite heart, the rest of the coast within and outside the country can be cleared.

“And if there is anything I can do and you want me to do in that respect, I will do.  I am sure with the right attitude for change where necessary, and by putting lessons learned by you to work, you will get the understanding, cooperation, support and mandate – all at the national level.

“With Nigerians voting for you, it will mean that you secure their forgiveness and regain their confidence. It will be with the hope or assurance of a Paul on the road to Damascus Conversion. After all, change and conversion are of man. I believe that with a contrite heart, change is possible in everybody’s life and situation.

“For me, relatively and of all the aspirants in the PDP, you have the widest and greatest exposure, experience, outreach and possibly the best machinery and preparation for seeing the tough and likely dirty campaign ahead through.

“From what I personally know of you, you have capacity to perform better than the incumbent. You surely understand the economy better; you have business experience, which can make your administration business-friendly and boost the economy and provide jobs.

“You have better outreach nationally and internationally and that can translate to better management of foreign affairs.  You are more accessible and less inflexible and more open to all parts of the country in many ways.  As Pastor Bakare, one-time running mate of the incumbent President said, “You are a wazobia man.”

“And that should help you in confronting the confrontable and shunning nepotism.

“As you know, along the road to where you are today, many leaders and ordinary people cooperated and overtly and covertly worked hard.  On your behalf, I thank them all.  May their coast continue to be expanded.

“And when you become Nigerian President which, insha-Allah, you will be, remember what we did together in government – we ran an administration by Nigerians for all Nigerians where merit and performance count more than blood relationship, friendship or kith and kin.

“Although some time and ground have been lost, you should endeavour to start from where we stopped and recover some lost ground, if not time.

Please uphold truth, integrity, principles, morality and fight corruption, crimes and insurgency.

“The fundamental law of the land, our constitution must be scrupulously defended. I make one demand and one demand on you today, I need you to say before God and man that you will always remain irrevocably committed to upholding ALL the provisions of the Constitution of the Federal Republic of Nigeria and the whole country will remain your single indivisible constituency.

“Constitutionalism, popular participation and inclusiveness are pre-conditions for reversing the deficits of the past three and half years. They will ensure abiding faith in our indivisibility, oneness and faith in the survival of all against none.

“The fundamentals for our development, economic growth and progress are hard and soft infrastructure.  Remember to always give adequate places in your administration to our youth and women.

“All the authorities involved with the preparation, all processes and conduct of the election must ensure that the election is free, fair and credible.

“Once again, congratulations and I wish you well.  My distinguished brothers and leaders of goodwill, thank you for making this happen.  I will now count on you to encourage all hands to be on the deck to take Nigeria to the level God has created it to be – autopilot level. God bless you all and God bless Nigeria.”

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Tinubu: Reform Benefits Will Soon Reach More Nigerian Families

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…….GDP rose 4.43 per cent in Q2
President Bola Ahmed Tinubu yesterday assured Nigerians that his administration would intensify efforts to translate improving economic indicators into better living conditions. NigerianBusiness Directory

He declared that the economy is now on an “irreversible path” towards growth that households will feel at their dining tables and in their pockets.

The President said the Federal Government would, within the next few weeks, introduce measures targeted at vulnerable Nigerians, including cheaper means of transportation, increased food production and relief programmes designed to directly reach people at the grassroots.

Tinubu gave the assurances in his reaction to the latest Gross Domestic Product (GDP) figures released yesterday by the National Bureau of Statistics (NBS).

The report shows that the Nigerian economy grew by 4.43 per cent in the second quarter of 2026, compared with 4.23 per cent recorded in the corresponding quarter of 2025. NigerianBusiness Directory

The President welcomed the figures as further evidence that the economic reforms undertaken by his administration since May 2023 were yielding results, according to a statement by his spokesman, Bayo Onanuga.

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“Under our watch, the economy is on the irreversible path to experience even more growth that all homes will feel at the dining table and in their pockets. We are not resting on our oars.

“We are fully committed to translating consistent, stronger economic performance into better microeconomic outcomes for our citizens. We must stay vigilant by ensuring the sustainable progress we are recording remains irreversible,” Tinubu said.

According to the NBS report, growth was recorded across agriculture, manufacturing, oil and gas, and services, with the services sector maintaining its position as the largest contributor to aggregate GDP.

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In nominal terms, Nigeria’s aggregate GDP rose to N119.27 trillion in the second quarter, representing an 18.43 per cent increase from the N100.7 trillion recorded in the corresponding period of 2025.

Tinubu said his administration had spent the past three years taking difficult decisions necessary to stabilise the economy.

“In the past three years, we tried to do the hard part by implementing the necessary reforms to stabilise the economy.

“Now the economy is stabilised, and we have laid the foundation for a prosperous nation. We didn’t do the reforms to create challenges, but to ensure prosperity reaches all our people,” he said.

The President said the latest growth figures were among a series of indicators showing that his Renewed Hope Agenda was working, pointing to improvements in the country’s external reserves, trade position, credit ratings, infrastructure development and oil and gas production.

“The results of the efforts are becoming very clear to all: The Renewed Hope Agenda is working. Because of those tough decisions, today Nigeria has trade surpluses. Our foreign reserves are at their highest in 17 years. Our credit rating has moved up several notches.

“We are building roads, railways and superhighways that will last for a long time. Investors who left are returning. Oil and gas production is increasing,” Tinubu said.

He also cited developments in the education sector as evidence of progress, saying Nigerian universities had enjoyed stability while the Nigerian Education Loan Fund (NELFUND) was expanding access to tertiary education.

“And in our universities, for the first time in a long time, there are no strikes. Our children are in class. And through NELFUND, student loans are putting education within reach, and affordable credit is going to our civil servants through Creditcorp,” he said.

The President said the next phase of the administration’s intervention would place greater emphasis on alleviating pressures confronting vulnerable Nigerians and ensuring that improving macroeconomic indicators translate into tangible benefits. NigerianBusiness Directory

“In the next few weeks, we are addressing some of the challenges being faced by our vulnerable population by providing cheaper means of transport, ramping up food production and implementing various relief programmes that will touch lives at the grassroots,” he said.

Tinubu also took a swipe at the opposition, saying the latest economic figures had come at a time when opposition elements were attempting to diminish the achievements of his administration and promising to reverse some of its reforms if elected.

He maintained that the policies undertaken since the beginning of his administration were not intended to impose hardship on Nigerians, but to correct structural weaknesses and create the foundation for sustainable prosperity. NigerianBusiness Directory

The President pledged that his administration would remain focused on consolidating the gains recorded so far.

Economy expands further on broad-based growth across sectors

The NBS report, which shows 4.43 per cent growth in the second quarter, indicates that the growth outperformed both the first quarter of 2026 and the corresponding second quarter of 2025.

The report highlighted a broad-based economic expansion driven by significant improvements in the agricultural segment, non-oil sector, services and sustained growth in the oil sector.

The agricultural sector almost doubled its performance, with a growth of 4.39 per cent in the second quarter of 2026 compared with 2.82 per cent in the corresponding period of 2025.

The non-oil sector, which accounted for about 96 per cent of the economy, grew by 67 basis points to 4.31 per cent in the second quarter of 2026, compared with 3.64 per cent recorded in the second quarter of 2025. Non-oil sector growth was 3.94 per cent in the first quarter of 2026.

Non-oil sector performance was driven by growth across various segments, including crop production, telecommunications, real estate, trade, financial institutions, cement manufacturing and construction, among others.

The oil sector grew by 7.31 per cent in the second quarter of 2026, higher than the 2.57 per cent recorded in the first quarter of 2026, but lower than the 20.46 per cent recorded in the second quarter of 2025.

The industrial sector also grew by 3.96 per cent in the second quarter of 2026, as against 7.46 per cent recorded in the comparative period of 2025.

Average daily crude oil production rose to 1.72 million barrels per day (mbpd) in the second quarter of 2026, outperforming both the preceding quarter and the comparable period of 2025.

Crude production in the second quarter of 2026 was the highest since 2022. Oil production stood at 1.68 mbpd in the second quarter of 2025 and 1.55 mbpd in the first quarter of 2026.

The oil sector thus contributed 4.16 per cent to total real GDP in the second quarter of 2026, a sustained improvement on the 4.05 per cent recorded in the corresponding period of 2025 and 3.92 per cent recorded in the first quarter of 2026.

In nominal terms, total GDP rose by 18.43 per cent from N100.73 trillion in the second quarter of 2025 to N119.29 trillion in the second quarter of 2026.

In terms of GDP share, the services sector remained the dominant driver, contributing 56.62 per cent to aggregate GDP in the second quarter of 2026, as against 56.53 per cent recorded in the comparable period of 2025.

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The non-oil sector contributed 95.84 per cent to aggregate real GDP in the second quarter of 2026, as against 95.95 per cent in the second quarter of 2025 and 96.08 per cent in the first quarter of 2026.

Experts were unanimous that the latest GDP report showed a positive outlook for the economy.

Analysts at SCM Capital stated that the second-quarter 2026 GDP report underlined improved macroeconomic conditions and broad-based policy support, which have continued to anchor economic performance.

They said the report showed broad-based resilience, with an uptick in oil output reflecting gradual operational improvements and sustained field activity across major production basins, alongside a non-oil sector gaining stronger momentum.

Analysts at Coronation Group and Cordros Capital Group stated that the GDP performance outpaced their expectations, noting that the economy had shown resilience and steady growth.

sustained economic resilience, with growth anchored by the services sector alongside gradual improvement across non-oil activities.

“The outturn affirms our broader expectation of a steady, non-oil-led growth trajectory through the rest of the year,” Coronation Group stated.

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Update : NRC Releases Preliminary Report on Warri-Itakpe Train Crash, Says Wheel Defect May Have Triggered Derailment

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……NRC Suspects Wheel Defect, Rules Out Track Vandalism

The Nigerian Railway Corporation (NRC) has released its preliminary report on the June 8, 2026 derailment involving the Warri–Itakpe Train Service (WITS), revealing that a possible sudden bogie or wheel defect may have triggered the accident.

The incident occurred at about 4:17pm near the Outer Home signal of the Goodluck Jonathan Railway Station at kilometre 177, Owa-Oyibu, Agbor, Delta State.

According to the NRC, the train had departed Itakpe at 12 noon with 482 people on board, comprising 442 passengers and 40 operational personnel, when the derailment occurred.

Five coaches, one locomotive and a power car were affected, with three coaches and the power car overturning.

The Corporation said emergency response operations were immediately activated with support from the Delta State Government, the Nigeria Police Force, Federal Road Safety Corps (FRSC), National Emergency Management Agency (NEMA), local authorities and medical teams.

All passengers were evacuated within two hours of the incident.

However, the accident resulted in four confirmed deaths — three adults and one child — while 64 people sustained various injuries.

The NRC said 28 injured passengers were treated and discharged at the Railway Hospital, Owa-Oyibu, while another 36 were transferred to hospitals in Owa-Oyibu, Owa-Alero and Agbor.

Most of those admitted were discharged within 72 hours, while three people, including an NRC employee who required surgery, remained under specialist medical care. Two of the affected persons subsequently underwent surgical procedures.

The Corporation also clarified that its initial report of five fatalities was later revised to four following verification with the Delta State medical team responsible for the deceased.

Possible wheel defect identified

The NRC said its internal investigation involved site inspections, evidence gathering, examination of operational records and communication data, technical assessments of the locomotive and rolling stock, as well as interviews with train crew, operations and maintenance personnel, witnesses and emergency responders.

The investigation also examined the track infrastructure, turnout arrangements, communication systems and the effectiveness of the emergency response and evacuation operations.

Based on the preliminary findings, the NRC said investigators identified the possible sudden development of a bogie/wheel defect while the train was in motion as a potential primary factor in the derailment.

According to the Corporation, such a defect could have resulted in abnormal wheel-rail interaction, excessive impact loading and loss of running stability.

The investigators also identified the possible manner in which the train’s brakes were applied as a factor that may have contributed to the severity of the accident.

However, the NRC stressed that both issues remain working hypotheses and that the definitive cause of the derailment would only be established after further technical analysis.

No evidence of track vandalism

The Corporation said its inquiry team found that the railway points at the accident location were intact and that there was no evidence of track vandalism.

This finding distinguishes the June 8 incident from two previous accidents involving the same Warri–Itakpe service on November 1 and November 8, 2025, which the NRC said were attributed to track vandalism.

The independent Nigerian Safety Investigation Bureau (NSIB) has also commenced its statutory investigation into the accident.

The NRC said it was cooperating fully with the NSIB and would be guided by the findings and recommendations contained in its final report.

NRC announces safety measures

Following the preliminary findings, the Corporation recommended comprehensive safety inspections and audits of rolling stock, railway tracks and infrastructure before equipment is returned to service.

It also called for stronger maintenance and condition-monitoring programmes, timely replacement of defective components and improved availability of critical spare parts.

The NRC further recommended a review of operational safety procedures, improved emergency preparedness and rescue capabilities, enhanced staff training and competency assessments, as well as sustainable funding for railway modernisation.

The Corporation also proposed improvements to its insurance and compensation framework to ensure adequate protection for passengers and staff in cases involving medical treatment, disability and fatalities.

WITS service yet to resume

The NRC said the affected track has been fully recovered and restored, while the locomotives involved have also been recovered and are currently undergoing reconditioning.

However, the Corporation said the Warri–Itakpe service would not resume until a detailed safety audit of the track and equipment has been completed.

The NRC expressed condolences to the families of those who lost their lives in the incident and apologised for the delay in releasing the preliminary report, explaining that additional time was required to properly verify the casualties and notify the affected families.

The Corporation said it remained committed to implementing recommendations arising from both its internal accident inquiry and the independent NSIB investigation, with the aim of strengthening railway safety and restoring public confidence in train transportation.

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JUST IN: Nollywood Mourns as Taiwo Hassan ‘Ogogo’ Dies at 66

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I’m

Veteran Yoruba actor Taiwo Hassan, popularly known as Ogogo, has died at 66.

His daughter, Kira Taiwo, confirmed his passing during an Instagram Live session on Sunday.

The news comes days after Kira and her sister, Lima Taiwo, made public appeals on Monday, August 17, 2026, for medical advice for their father, who was battling stage-four cancer.

Kira said doctors had stopped chemotherapy because of his condition, and the family was seeking alternative treatments, including specialised procedures and traditional remedies.

She clarified that the family was not asking for financial donations, but for information on possible treatment options.

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