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Breaking : Finance Ministry Shake-Up: Tinubu Nominates Oyedele, Says Onanuga

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President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance.

Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration.

The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday.

Until Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

The 50-year-old is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidential Committee on Fiscal Policy and Tax Reforms.

The committee, inaugurated in August 2023, delivered four executive bills that consolidated over 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.

The Tax Reform Acts, which became effective on January 1, 2026, also exempted small businesses with turnover below N50m from company income tax, capital gains tax, and development levy.

Other provisions include a 50 per cent tax deduction for companies hiring new workers for three years, a 50 per cent deduction for wage increases to the lowest-paid employees, and a five-year corporate tax holiday for agricultural enterprises.

Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for a BSc in Applied Accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years at PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.

He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.

As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms.

Anite-Uzoka, who is being redeployed to the Ministry of Budget and National Planning, previously served as Minister of State for Industry, Trade and Investment before her appointment as Minister of State for Finance.

The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.

The Finance Ministry, currently led by Wale Edun as substantive minister, oversees fiscal policy, revenue mobilisation, debt management, and economic planning.

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Breaking : ICPC Seizes Security Documents, Wiretapping Devices During Search of El-Rufai’s Home

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We got warrant to detain ex-governor for 14 days
He declined to cooperate with investigators
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it recovered equipment allegedly capable of tapping conversations and sensitive security documents from the Abuja home of former Governor Nasir el-Rufai.

The commission also said it obtained a legal order from a Magistrate Court in Bwari in the Federal Capital Territory (FCT) to detain el-Rufai for 14 days, which is due to expire on Thursday.

It denied allegations of arbitrary detention and repression of the former governor.

The commission has asked the High Court of Justice of the Federal Capital Territory to dismiss el-Rufai’s application alleging violation of his fundamental human rights.

ICPC said the former governor has corruption allegations to answer, including questions over the whereabouts of €1.4 million; 180 suspicious payments totalling N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State’s IGR account; and transfers to undisclosed accounts amounting to N428,122,180.18, among others.

The commission confirmed that an aide of the former governor, allegedly linked to the matter, has left the country.

ICPC made the claims in an affidavit deposed to by a Litigation Officer, David Efuk, before the High Court of Justice of the Federal Capital Territory, where el-Rufai is seeking redress and release from detention.

The commission said all the suspected items were retrieved in the presence of the former governor’s wife, Hadiza, and his son, Mohammed.

The agency also alleged that the former governor declined to cooperate with investigators, opting to remain silent until he is brought before a court.

It added that an aide of the former minister linked to the investigation had escaped from the country.

The anti-graft body made the claims in processes filed before the court, seeking the dismissal of the fundamental human rights enforcement suit.

ICPC said: “On the 18th day of February, 2026, at about 7 pm, the applicant was released to the DSS by the EFCC to be handed over to the commission.

“On the 19th day of February, 2026, the commission obtained a remand order to keep the applicant in its custody for 14 days, which will lapse on the 5th day of March, 2026.

“The commission has since confronted the applicant with the retrieved documents during its preliminary investigation activities, but the applicant has refused to respond to interviews to date.

“On the 19th day of February, 2026, the commission executed a duly signed search warrant on the premises of the applicant at No. 12 Mambila Street, Aso Drive, Asokoro District, Abuja.

“During the search, which was witnessed by the applicant’s wife, Hadiza Isma el-Rufai, and his son, Hon. Mohammed Bello el-Rufai, the commission retrieved sensitive security documents capable of compromising national security.

“The applicant, on national television (Arise Television), admitted to tapping telephone conversations of the National Security Adviser, Mallam Nuhu Ribadu.

“During the search operations, the commission retrieved electronic magnetic equipment allegedly capable of tapping conversations.

“He was asked to give consent to enable the commission access the equipment, but he refused. A copy of the consent form is attached and marked Exhibit ICPC 5.

“The search also retrieved sensitive security documents of various security agencies of the government.

“The applicant is also allegedly threatening likely prosecution witnesses, and one such witness has written to the commission seeking protection. A copy of the letter is attached and marked Exhibit ICPC 6.”

The ICPC insisted that el-Rufai was lawfully detained pursuant to a remand order issued by a Magistrate Court in Bwari, FCT.

It said the court granted the commission 14 days to keep him in custody to enable it conduct investigations.

It said: “Contrary to the depositions of the applicant in his supporting affidavit, he is lawfully held in the custody of the commission, and the commission has not breached any of his fundamental rights as claimed.

“ICPC does not arbitrarily arrest or detain suspects unlawfully, nor pose any physical danger to them.

“ICPC’s mandate is to investigate cases of corruption, abuse of office and related offences, and where there is prima facie evidence, prosecute alleged offenders.

“ICPC can only charge a person to court when investigations are concluded.

“Where investigation is ongoing, ICPC may request an alleged offender to report to its office daily until investigations are concluded or, where necessary, remand the alleged offender pending conclusion of investigations.

“ICPC undertakes to draw up charges against the applicant before the 5th of March, 2026, when the detention order will lapse.

“It is in the interest of justice to dismiss his application for lacking merit and allow the commission to investigate the allegations thoroughly in the public interest.”

ICPC said it followed due process in inviting el-Rufai based on a petition alleging corrupt practices.

It said: “The commission received a petition against the applicant, a former two-term Governor of Kaduna State.

“Thereafter, the commission began preliminary investigations into the allegations contained in the petition and retrieved relevant documents from banks and other government institutions.

“Upon conclusion of preliminary investigations, the commission made several efforts to invite the applicant to confront him with documents retrieved during the investigation.

“Every attempt to invite the applicant via formal letters proved abortive.

“On the 5th day of February, 2026, the commission received information about the applicant’s arrival at the Nnamdi Azikiwe International Airport, Abuja.

“Operatives of the Department of State Services were contacted to assist in arresting him, but the attempt was unsuccessful.

“The commission later located the applicant’s residence at Aso Drive, Abuja, and formally served him with an invitation letter to appear before the commission on the 13th day of February, 2026, at 10am.

“The applicant, through his legal representatives, requested to honour the invitation on the 18th day of February, 2026.

“Before the agreed date, he had honoured an invitation by the Economic and Financial Crimes Commission (EFCC) and was detained.

“He was later granted administrative bail but was unable to meet the conditions and remained in EFCC custody.”

The petition against el-Rufai alleged:

Serious discrepancies in the state’s debt profile.

Cash withdrawals in foreign currency amounting to €1.4 million, with the purpose allegedly unclear.

Alleged diversion of public revenue by failure to remit funds into the TSA account.

Use of a debit card on a revenue bank account, with total transactions amounting to N721,672,854.88.

Alleged violation of Section 3.3.1 of Kaduna State Financial Policies and Procedures Manual 2016.

Diversion of funds to individuals and companies amounting to N393,752,670.05.

Transfers to undisclosed accounts totalling N428,122,180.18.

Suspicious payments (180) amounting to N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State IGR.

The petition further alleged: “The past administration collected about N98.912 billion as domestic loans for developmental projects in Kaduna State.

“The past administration also collected over $7,366,070,222.5 as foreign loans to be serviced by the people of Kaduna State.

“Our findings showed that while the Kaduna State Government between 2015 and 2023 embarked on ambitious projects, some were allegedly executed in contravention of procurement laws.

“It is alleged that only a few projects were completed, while several were abandoned despite full payment to contractors.

“Of concern was the alleged disregard for the Kaduna State Public Procurement Law, 2016.”

In a statement on oath to the ICPC, el-Rufai said he was being persecuted as an opposition figure.

He stated that he would exercise his right to silence until arraigned before a court.

He said: “I am a leading member of the African Democratic Congress (ADC), which I consider the only surviving opposition party in Nigeria, and that is the real reason I am being investigated.

“Regarding this question and any other questions, I have, on the advice of counsel, decided to exercise my right to silence.

“I believe that after nearly two years of intensive investigation, the ICPC should present its findings before a judicial tribunal and not to me.

“I will respond to any allegations only in a court of law. I do not believe these investigations amount to law enforcement.

“This is political persecution which only a judge can decide upon.”

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Update : Seyi Tinubu Responds to King Mitchy, VeryDarkMan Saga

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Seyi Tinubu, son of President Bola Tinubu, has issued a statement debunking allegations linking him to a feud between social media personalities Martins Vincent Otse, popularly called VeryDarkMan, and Mitchell Mukoro, widely known as King Mitchy.

The controversy stems from claims suggesting an improper relationship or secret arrangements between Seyi Tinubu and King Mitchy, which VeryDarkMan has reportedly used to intensify his online narrative.

Our correspondence reports that philanthropist and content creator King Mitchy recently announced that she renovated a dilapidated school in six days, suggesting that the project was proof that meaningful change could happen swiftly when there was genuine intent.

However, she reportedly made comments widely interpreted as subtle jabs at VeryDarkMan, who, in turn, accused her of being used as a political pawn to launder the image of President Bola Tinubu’s administration.

Tagging the President’s son. VeryDarkMan was said to have alleged in another video that both Seyi Tinubu and King Mitchy were threatening his life.

Addressing the comments in a statement shared on Instagram on Saturday, Seyi Tinubu categorised the allegations and insinuations as false.

He clarified the nature of his interaction with King Mitchy, framing it strictly within the bounds of his long-standing philanthropic work.

Tinubu wrote, “I met Mitchy once, in a public setting, alongside others. On that occasion, I provided financial support toward her NGO activities, just as I have supported many young Nigerians and organisations working to empower our people.

“A follow-up meeting had been scheduled for me to receive an update on the impact of her NGO’s work following the donation. That meeting did not take place because I have been unwell.”

He categorically denied any private encounters, saying, “There has never been a private encounter, no secret arrangement, and no impropriety of any kind.”

Tinubu took direct aim at VeryDarkMan, accusing the activist of using a feud he had no part in to attack his reputation.

He wrote, “What is deeply concerning is that a feud I did not start, and in which I have played no part, has been used as a vehicle to insert my name into a narrative without basis in truth.

“For reasons best known to him, VDM appears to have been looking for a trigger, an opportunity to attack and attempt to harm my reputation and seized upon this situation to do so. I will not accept that.

“If my name generates attention, let us at least deal in facts. Supporting charitable causes is not a crime. Meeting someone publicly to support their NGO is not a scandal. Repeating falsehoods loudly does not transform them into truth.”

Tinubu asserted that he won’t be intimidated by “fictional” narratives, emphasising that he refuses to be bullied.

“I will not be bullied, and I will not dignify fiction with panic.

“I have experienced bullying before, and I understand the harm it can cause. That is why I take a firm stance against it,” he said.

Tinubu concluded by reaffirming his commitment to serving Nigerian youth through his foundation, insisting that “philanthropy and outreach must never be politicised or weaponised.”

“To those seeking to manufacture controversy: Nigeria needs builders, not bullies. We need responsible discourse, not sensationalism driven by speculation.

“I firmly reject the accusations made against me. I call for de-escalation, for restraint, and for a return to truth and responsibility,” he added.

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Breaking : Finance Ministry Shake-Up: Tinubu Nominates Oyedele, Says Onanuga

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President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance.

Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration.

The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday.

Until Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

The 50-year-old is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidential Committee on Fiscal Policy and Tax Reforms.

The committee, inaugurated in August 2023, delivered four executive bills that consolidated over 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.

The Tax Reform Acts, which became effective on January 1, 2026, also exempted small businesses with turnover below N50m from company income tax, capital gains tax, and development levy.

Other provisions include a 50 per cent tax deduction for companies hiring new workers for three years, a 50 per cent deduction for wage increases to the lowest-paid employees, and a five-year corporate tax holiday for agricultural enterprises.

Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for a BSc in Applied Accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years at PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.

He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.

As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms.

Anite-Uzoka, who is being redeployed to the Ministry of Budget and National Planning, previously served as Minister of State for Industry, Trade and Investment before her appointment as Minister of State for Finance.

The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.

The Finance Ministry, currently led by Wale Edun as substantive minister, oversees fiscal policy, revenue mobilisation, debt management, and economic planning.

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Breaking : ICPC Seizes Security Documents, Wiretapping Devices During Search of El-Rufai’s Home

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We got warrant to detain ex-governor for 14 days
He declined to cooperate with investigators
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it recovered equipment allegedly capable of tapping conversations and sensitive security documents from the Abuja home of former Governor Nasir el-Rufai.

The commission also said it obtained a legal order from a Magistrate Court in Bwari in the Federal Capital Territory (FCT) to detain el-Rufai for 14 days, which is due to expire on Thursday.

It denied allegations of arbitrary detention and repression of the former governor.

The commission has asked the High Court of Justice of the Federal Capital Territory to dismiss el-Rufai’s application alleging violation of his fundamental human rights.

ICPC said the former governor has corruption allegations to answer, including questions over the whereabouts of €1.4 million; 180 suspicious payments totalling N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State’s IGR account; and transfers to undisclosed accounts amounting to N428,122,180.18, among others.

The commission confirmed that an aide of the former governor, allegedly linked to the matter, has left the country.

ICPC made the claims in an affidavit deposed to by a Litigation Officer, David Efuk, before the High Court of Justice of the Federal Capital Territory, where el-Rufai is seeking redress and release from detention.

The commission said all the suspected items were retrieved in the presence of the former governor’s wife, Hadiza, and his son, Mohammed.

The agency also alleged that the former governor declined to cooperate with investigators, opting to remain silent until he is brought before a court.

It added that an aide of the former minister linked to the investigation had escaped from the country.

The anti-graft body made the claims in processes filed before the court, seeking the dismissal of the fundamental human rights enforcement suit.

ICPC said: “On the 18th day of February, 2026, at about 7 pm, the applicant was released to the DSS by the EFCC to be handed over to the commission.

“On the 19th day of February, 2026, the commission obtained a remand order to keep the applicant in its custody for 14 days, which will lapse on the 5th day of March, 2026.

“The commission has since confronted the applicant with the retrieved documents during its preliminary investigation activities, but the applicant has refused to respond to interviews to date.

“On the 19th day of February, 2026, the commission executed a duly signed search warrant on the premises of the applicant at No. 12 Mambila Street, Aso Drive, Asokoro District, Abuja.

“During the search, which was witnessed by the applicant’s wife, Hadiza Isma el-Rufai, and his son, Hon. Mohammed Bello el-Rufai, the commission retrieved sensitive security documents capable of compromising national security.

“The applicant, on national television (Arise Television), admitted to tapping telephone conversations of the National Security Adviser, Mallam Nuhu Ribadu.

“During the search operations, the commission retrieved electronic magnetic equipment allegedly capable of tapping conversations.

“He was asked to give consent to enable the commission access the equipment, but he refused. A copy of the consent form is attached and marked Exhibit ICPC 5.

“The search also retrieved sensitive security documents of various security agencies of the government.

“The applicant is also allegedly threatening likely prosecution witnesses, and one such witness has written to the commission seeking protection. A copy of the letter is attached and marked Exhibit ICPC 6.”

The ICPC insisted that el-Rufai was lawfully detained pursuant to a remand order issued by a Magistrate Court in Bwari, FCT.

It said the court granted the commission 14 days to keep him in custody to enable it conduct investigations.

It said: “Contrary to the depositions of the applicant in his supporting affidavit, he is lawfully held in the custody of the commission, and the commission has not breached any of his fundamental rights as claimed.

“ICPC does not arbitrarily arrest or detain suspects unlawfully, nor pose any physical danger to them.

“ICPC’s mandate is to investigate cases of corruption, abuse of office and related offences, and where there is prima facie evidence, prosecute alleged offenders.

“ICPC can only charge a person to court when investigations are concluded.

“Where investigation is ongoing, ICPC may request an alleged offender to report to its office daily until investigations are concluded or, where necessary, remand the alleged offender pending conclusion of investigations.

“ICPC undertakes to draw up charges against the applicant before the 5th of March, 2026, when the detention order will lapse.

“It is in the interest of justice to dismiss his application for lacking merit and allow the commission to investigate the allegations thoroughly in the public interest.”

ICPC said it followed due process in inviting el-Rufai based on a petition alleging corrupt practices.

It said: “The commission received a petition against the applicant, a former two-term Governor of Kaduna State.

“Thereafter, the commission began preliminary investigations into the allegations contained in the petition and retrieved relevant documents from banks and other government institutions.

“Upon conclusion of preliminary investigations, the commission made several efforts to invite the applicant to confront him with documents retrieved during the investigation.

“Every attempt to invite the applicant via formal letters proved abortive.

“On the 5th day of February, 2026, the commission received information about the applicant’s arrival at the Nnamdi Azikiwe International Airport, Abuja.

“Operatives of the Department of State Services were contacted to assist in arresting him, but the attempt was unsuccessful.

“The commission later located the applicant’s residence at Aso Drive, Abuja, and formally served him with an invitation letter to appear before the commission on the 13th day of February, 2026, at 10am.

“The applicant, through his legal representatives, requested to honour the invitation on the 18th day of February, 2026.

“Before the agreed date, he had honoured an invitation by the Economic and Financial Crimes Commission (EFCC) and was detained.

“He was later granted administrative bail but was unable to meet the conditions and remained in EFCC custody.”

The petition against el-Rufai alleged:

Serious discrepancies in the state’s debt profile.

Cash withdrawals in foreign currency amounting to €1.4 million, with the purpose allegedly unclear.

Alleged diversion of public revenue by failure to remit funds into the TSA account.

Use of a debit card on a revenue bank account, with total transactions amounting to N721,672,854.88.

Alleged violation of Section 3.3.1 of Kaduna State Financial Policies and Procedures Manual 2016.

Diversion of funds to individuals and companies amounting to N393,752,670.05.

Transfers to undisclosed accounts totalling N428,122,180.18.

Suspicious payments (180) amounting to N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State IGR.

The petition further alleged: “The past administration collected about N98.912 billion as domestic loans for developmental projects in Kaduna State.

“The past administration also collected over $7,366,070,222.5 as foreign loans to be serviced by the people of Kaduna State.

“Our findings showed that while the Kaduna State Government between 2015 and 2023 embarked on ambitious projects, some were allegedly executed in contravention of procurement laws.

“It is alleged that only a few projects were completed, while several were abandoned despite full payment to contractors.

“Of concern was the alleged disregard for the Kaduna State Public Procurement Law, 2016.”

In a statement on oath to the ICPC, el-Rufai said he was being persecuted as an opposition figure.

He stated that he would exercise his right to silence until arraigned before a court.

He said: “I am a leading member of the African Democratic Congress (ADC), which I consider the only surviving opposition party in Nigeria, and that is the real reason I am being investigated.

“Regarding this question and any other questions, I have, on the advice of counsel, decided to exercise my right to silence.

“I believe that after nearly two years of intensive investigation, the ICPC should present its findings before a judicial tribunal and not to me.

“I will respond to any allegations only in a court of law. I do not believe these investigations amount to law enforcement.

“This is political persecution which only a judge can decide upon.”

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Update : Seyi Tinubu Responds to King Mitchy, VeryDarkMan Saga

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Seyi Tinubu, son of President Bola Tinubu, has issued a statement debunking allegations linking him to a feud between social media personalities Martins Vincent Otse, popularly called VeryDarkMan, and Mitchell Mukoro, widely known as King Mitchy.

The controversy stems from claims suggesting an improper relationship or secret arrangements between Seyi Tinubu and King Mitchy, which VeryDarkMan has reportedly used to intensify his online narrative.

Our correspondence reports that philanthropist and content creator King Mitchy recently announced that she renovated a dilapidated school in six days, suggesting that the project was proof that meaningful change could happen swiftly when there was genuine intent.

However, she reportedly made comments widely interpreted as subtle jabs at VeryDarkMan, who, in turn, accused her of being used as a political pawn to launder the image of President Bola Tinubu’s administration.

Tagging the President’s son. VeryDarkMan was said to have alleged in another video that both Seyi Tinubu and King Mitchy were threatening his life.

Addressing the comments in a statement shared on Instagram on Saturday, Seyi Tinubu categorised the allegations and insinuations as false.

He clarified the nature of his interaction with King Mitchy, framing it strictly within the bounds of his long-standing philanthropic work.

Tinubu wrote, “I met Mitchy once, in a public setting, alongside others. On that occasion, I provided financial support toward her NGO activities, just as I have supported many young Nigerians and organisations working to empower our people.

“A follow-up meeting had been scheduled for me to receive an update on the impact of her NGO’s work following the donation. That meeting did not take place because I have been unwell.”

He categorically denied any private encounters, saying, “There has never been a private encounter, no secret arrangement, and no impropriety of any kind.”

Tinubu took direct aim at VeryDarkMan, accusing the activist of using a feud he had no part in to attack his reputation.

He wrote, “What is deeply concerning is that a feud I did not start, and in which I have played no part, has been used as a vehicle to insert my name into a narrative without basis in truth.

“For reasons best known to him, VDM appears to have been looking for a trigger, an opportunity to attack and attempt to harm my reputation and seized upon this situation to do so. I will not accept that.

“If my name generates attention, let us at least deal in facts. Supporting charitable causes is not a crime. Meeting someone publicly to support their NGO is not a scandal. Repeating falsehoods loudly does not transform them into truth.”

Tinubu asserted that he won’t be intimidated by “fictional” narratives, emphasising that he refuses to be bullied.

“I will not be bullied, and I will not dignify fiction with panic.

“I have experienced bullying before, and I understand the harm it can cause. That is why I take a firm stance against it,” he said.

Tinubu concluded by reaffirming his commitment to serving Nigerian youth through his foundation, insisting that “philanthropy and outreach must never be politicised or weaponised.”

“To those seeking to manufacture controversy: Nigeria needs builders, not bullies. We need responsible discourse, not sensationalism driven by speculation.

“I firmly reject the accusations made against me. I call for de-escalation, for restraint, and for a return to truth and responsibility,” he added.

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Breaking : Finance Ministry Shake-Up: Tinubu Nominates Oyedele, Says Onanuga

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President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance.

Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration.

The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday.

Until Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

The 50-year-old is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidential Committee on Fiscal Policy and Tax Reforms.

The committee, inaugurated in August 2023, delivered four executive bills that consolidated over 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.

The Tax Reform Acts, which became effective on January 1, 2026, also exempted small businesses with turnover below N50m from company income tax, capital gains tax, and development levy.

Other provisions include a 50 per cent tax deduction for companies hiring new workers for three years, a 50 per cent deduction for wage increases to the lowest-paid employees, and a five-year corporate tax holiday for agricultural enterprises.

Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for a BSc in Applied Accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years at PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.

He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.

As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms.

Anite-Uzoka, who is being redeployed to the Ministry of Budget and National Planning, previously served as Minister of State for Industry, Trade and Investment before her appointment as Minister of State for Finance.

The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.

The Finance Ministry, currently led by Wale Edun as substantive minister, oversees fiscal policy, revenue mobilisation, debt management, and economic planning.

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Breaking : ICPC Seizes Security Documents, Wiretapping Devices During Search of El-Rufai’s Home

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We got warrant to detain ex-governor for 14 days
He declined to cooperate with investigators
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it recovered equipment allegedly capable of tapping conversations and sensitive security documents from the Abuja home of former Governor Nasir el-Rufai.

The commission also said it obtained a legal order from a Magistrate Court in Bwari in the Federal Capital Territory (FCT) to detain el-Rufai for 14 days, which is due to expire on Thursday.

It denied allegations of arbitrary detention and repression of the former governor.

The commission has asked the High Court of Justice of the Federal Capital Territory to dismiss el-Rufai’s application alleging violation of his fundamental human rights.

ICPC said the former governor has corruption allegations to answer, including questions over the whereabouts of €1.4 million; 180 suspicious payments totalling N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State’s IGR account; and transfers to undisclosed accounts amounting to N428,122,180.18, among others.

The commission confirmed that an aide of the former governor, allegedly linked to the matter, has left the country.

ICPC made the claims in an affidavit deposed to by a Litigation Officer, David Efuk, before the High Court of Justice of the Federal Capital Territory, where el-Rufai is seeking redress and release from detention.

The commission said all the suspected items were retrieved in the presence of the former governor’s wife, Hadiza, and his son, Mohammed.

The agency also alleged that the former governor declined to cooperate with investigators, opting to remain silent until he is brought before a court.

It added that an aide of the former minister linked to the investigation had escaped from the country.

The anti-graft body made the claims in processes filed before the court, seeking the dismissal of the fundamental human rights enforcement suit.

ICPC said: “On the 18th day of February, 2026, at about 7 pm, the applicant was released to the DSS by the EFCC to be handed over to the commission.

“On the 19th day of February, 2026, the commission obtained a remand order to keep the applicant in its custody for 14 days, which will lapse on the 5th day of March, 2026.

“The commission has since confronted the applicant with the retrieved documents during its preliminary investigation activities, but the applicant has refused to respond to interviews to date.

“On the 19th day of February, 2026, the commission executed a duly signed search warrant on the premises of the applicant at No. 12 Mambila Street, Aso Drive, Asokoro District, Abuja.

“During the search, which was witnessed by the applicant’s wife, Hadiza Isma el-Rufai, and his son, Hon. Mohammed Bello el-Rufai, the commission retrieved sensitive security documents capable of compromising national security.

“The applicant, on national television (Arise Television), admitted to tapping telephone conversations of the National Security Adviser, Mallam Nuhu Ribadu.

“During the search operations, the commission retrieved electronic magnetic equipment allegedly capable of tapping conversations.

“He was asked to give consent to enable the commission access the equipment, but he refused. A copy of the consent form is attached and marked Exhibit ICPC 5.

“The search also retrieved sensitive security documents of various security agencies of the government.

“The applicant is also allegedly threatening likely prosecution witnesses, and one such witness has written to the commission seeking protection. A copy of the letter is attached and marked Exhibit ICPC 6.”

The ICPC insisted that el-Rufai was lawfully detained pursuant to a remand order issued by a Magistrate Court in Bwari, FCT.

It said the court granted the commission 14 days to keep him in custody to enable it conduct investigations.

It said: “Contrary to the depositions of the applicant in his supporting affidavit, he is lawfully held in the custody of the commission, and the commission has not breached any of his fundamental rights as claimed.

“ICPC does not arbitrarily arrest or detain suspects unlawfully, nor pose any physical danger to them.

“ICPC’s mandate is to investigate cases of corruption, abuse of office and related offences, and where there is prima facie evidence, prosecute alleged offenders.

“ICPC can only charge a person to court when investigations are concluded.

“Where investigation is ongoing, ICPC may request an alleged offender to report to its office daily until investigations are concluded or, where necessary, remand the alleged offender pending conclusion of investigations.

“ICPC undertakes to draw up charges against the applicant before the 5th of March, 2026, when the detention order will lapse.

“It is in the interest of justice to dismiss his application for lacking merit and allow the commission to investigate the allegations thoroughly in the public interest.”

ICPC said it followed due process in inviting el-Rufai based on a petition alleging corrupt practices.

It said: “The commission received a petition against the applicant, a former two-term Governor of Kaduna State.

“Thereafter, the commission began preliminary investigations into the allegations contained in the petition and retrieved relevant documents from banks and other government institutions.

“Upon conclusion of preliminary investigations, the commission made several efforts to invite the applicant to confront him with documents retrieved during the investigation.

“Every attempt to invite the applicant via formal letters proved abortive.

“On the 5th day of February, 2026, the commission received information about the applicant’s arrival at the Nnamdi Azikiwe International Airport, Abuja.

“Operatives of the Department of State Services were contacted to assist in arresting him, but the attempt was unsuccessful.

“The commission later located the applicant’s residence at Aso Drive, Abuja, and formally served him with an invitation letter to appear before the commission on the 13th day of February, 2026, at 10am.

“The applicant, through his legal representatives, requested to honour the invitation on the 18th day of February, 2026.

“Before the agreed date, he had honoured an invitation by the Economic and Financial Crimes Commission (EFCC) and was detained.

“He was later granted administrative bail but was unable to meet the conditions and remained in EFCC custody.”

The petition against el-Rufai alleged:

Serious discrepancies in the state’s debt profile.

Cash withdrawals in foreign currency amounting to €1.4 million, with the purpose allegedly unclear.

Alleged diversion of public revenue by failure to remit funds into the TSA account.

Use of a debit card on a revenue bank account, with total transactions amounting to N721,672,854.88.

Alleged violation of Section 3.3.1 of Kaduna State Financial Policies and Procedures Manual 2016.

Diversion of funds to individuals and companies amounting to N393,752,670.05.

Transfers to undisclosed accounts totalling N428,122,180.18.

Suspicious payments (180) amounting to N2,158,799,199 from a Consolidated Revenue Account linked to Kaduna State IGR.

The petition further alleged: “The past administration collected about N98.912 billion as domestic loans for developmental projects in Kaduna State.

“The past administration also collected over $7,366,070,222.5 as foreign loans to be serviced by the people of Kaduna State.

“Our findings showed that while the Kaduna State Government between 2015 and 2023 embarked on ambitious projects, some were allegedly executed in contravention of procurement laws.

“It is alleged that only a few projects were completed, while several were abandoned despite full payment to contractors.

“Of concern was the alleged disregard for the Kaduna State Public Procurement Law, 2016.”

In a statement on oath to the ICPC, el-Rufai said he was being persecuted as an opposition figure.

He stated that he would exercise his right to silence until arraigned before a court.

He said: “I am a leading member of the African Democratic Congress (ADC), which I consider the only surviving opposition party in Nigeria, and that is the real reason I am being investigated.

“Regarding this question and any other questions, I have, on the advice of counsel, decided to exercise my right to silence.

“I believe that after nearly two years of intensive investigation, the ICPC should present its findings before a judicial tribunal and not to me.

“I will respond to any allegations only in a court of law. I do not believe these investigations amount to law enforcement.

“This is political persecution which only a judge can decide upon.”

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Update : Seyi Tinubu Responds to King Mitchy, VeryDarkMan Saga

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Seyi Tinubu, son of President Bola Tinubu, has issued a statement debunking allegations linking him to a feud between social media personalities Martins Vincent Otse, popularly called VeryDarkMan, and Mitchell Mukoro, widely known as King Mitchy.

The controversy stems from claims suggesting an improper relationship or secret arrangements between Seyi Tinubu and King Mitchy, which VeryDarkMan has reportedly used to intensify his online narrative.

Our correspondence reports that philanthropist and content creator King Mitchy recently announced that she renovated a dilapidated school in six days, suggesting that the project was proof that meaningful change could happen swiftly when there was genuine intent.

However, she reportedly made comments widely interpreted as subtle jabs at VeryDarkMan, who, in turn, accused her of being used as a political pawn to launder the image of President Bola Tinubu’s administration.

Tagging the President’s son. VeryDarkMan was said to have alleged in another video that both Seyi Tinubu and King Mitchy were threatening his life.

Addressing the comments in a statement shared on Instagram on Saturday, Seyi Tinubu categorised the allegations and insinuations as false.

He clarified the nature of his interaction with King Mitchy, framing it strictly within the bounds of his long-standing philanthropic work.

Tinubu wrote, “I met Mitchy once, in a public setting, alongside others. On that occasion, I provided financial support toward her NGO activities, just as I have supported many young Nigerians and organisations working to empower our people.

“A follow-up meeting had been scheduled for me to receive an update on the impact of her NGO’s work following the donation. That meeting did not take place because I have been unwell.”

He categorically denied any private encounters, saying, “There has never been a private encounter, no secret arrangement, and no impropriety of any kind.”

Tinubu took direct aim at VeryDarkMan, accusing the activist of using a feud he had no part in to attack his reputation.

He wrote, “What is deeply concerning is that a feud I did not start, and in which I have played no part, has been used as a vehicle to insert my name into a narrative without basis in truth.

“For reasons best known to him, VDM appears to have been looking for a trigger, an opportunity to attack and attempt to harm my reputation and seized upon this situation to do so. I will not accept that.

“If my name generates attention, let us at least deal in facts. Supporting charitable causes is not a crime. Meeting someone publicly to support their NGO is not a scandal. Repeating falsehoods loudly does not transform them into truth.”

Tinubu asserted that he won’t be intimidated by “fictional” narratives, emphasising that he refuses to be bullied.

“I will not be bullied, and I will not dignify fiction with panic.

“I have experienced bullying before, and I understand the harm it can cause. That is why I take a firm stance against it,” he said.

Tinubu concluded by reaffirming his commitment to serving Nigerian youth through his foundation, insisting that “philanthropy and outreach must never be politicised or weaponised.”

“To those seeking to manufacture controversy: Nigeria needs builders, not bullies. We need responsible discourse, not sensationalism driven by speculation.

“I firmly reject the accusations made against me. I call for de-escalation, for restraint, and for a return to truth and responsibility,” he added.

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