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N6.95tn : Tinubu welcomes Nigeria’s trade report and determined to confront the inhibitions that have stunted the growth and development- Bayo Onanuga

President Bola Tinubu has welcomed the National Bureau of Statistics’ new report on the country’s trade balance.
The report stated that Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95tn, essentially driven by exports to Europe, the United States and Asia.
“The current surplus is 6.60 per cent higher than the N6.52tn surplus recorded in the first quarter,” Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, quoted the report in a statement he signed on Thursday.
The statement is titled ‘President Tinubu assures of a robust economy.’
In its Q2 2024 report, the NBS revealed that European and American countries dominated Nigeria’s top export destinations.
Spain emerged as the largest export partner, receiving goods valued at N2.01tn, accounting for 10.34 per cent of Nigeria’s total exports.
The United States followed closely with N1.86 trillion (9.56 per cent), while France imported N1.82tn of Nigerian goods, representing 9.37 per cent of total exports.
Nigeria’s other major export partners include India (N1.65tn or 8.50 per cent) and the Netherlands (N1.38tn).
According to Onanuga, “Just days after the country recorded almost 100 per cent oversubscription of its first $500m domestic bond and half-year revenue of N9.1tn, the latest report underscores the increasing positive shifts in the economy over the last year.
“President Tinubu expresses confidence in the reforms his administration is pursuing and believes they will create a more robust economy that will usher in a new era of prosperity for Nigerians.”
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He noted that the NBS report reflects the country’s strong export performance in the second quarter.
Although total merchandise trade in Q2 2024 stood at N31.89tn, a 3.76 per cent decline compared to the preceding quarter (Q1 2024), it marked a 150.39 per cent rise from the corresponding period in 2023.
Also, total exports stood at N19.42tn, accounting for 60.89 per cent of the country’s total trade.
This represents a 1.31 per cent increase from N19.17tn in the first quarter and a 201.76 per cent surge from N6.44tn recorded in Q2 2023.
The dominance of crude oil exports remains a key factor in this performance, contributing N14.56tn, or 74.98 per cent of total exports.
Non-crude oil exports, valued at N4.86tn, comprised 25.02 per cent of the total export value, with non-oil products contributing N1.94tn.
The strong export performance, particularly in crude oil, ensured Nigeria maintained a favourable trade balance.
The presidential aide asserted that “Generally, the economic indicators, which were very low when President Tinubu assumed office last year, are turning positive.”
He said, “The government will continue to consolidate on the gains of the reforms as more fiscal and tax policy reforms already embarked upon by the administration come to fruition, adding, “President Tinubu is determined to confront the inhibitions that have stunted the growth and development necessary to unlock the country’s full potential.”
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CCT Chairmanship : Embattled Danladi Umar Withdraws Suit Challenges his Successor Mainasara Kogo’s Appointment by Tinubu

Justice Danladi Yakubu Umar, the embattled Chairman of the Code of Conduct Tribunal (CCT), has quietly withdrawn his lawsuit challenging the controversial appointment of Dr. Mainasara Umar Kogo as his successor—an appointment made by President Bola Ahmed Tinubu in alleged violation of constitutional procedures.
Newsthumb report that in Suit No: FHC/ABJ/CS/1796/2024, filed at the Federal High Court, Abuja, Justice Umar—alongside civil society groups—had sought to nullify the appointment of Dr. Kogo.
The respondents listed in the suit included President Tinubu, the Attorney-General of the Federation, Lateef Fagbemi (SAN), the Senate President, Godswill Akpabio, the National Assembly, the National Judicial Council (NJC), and the Federal Judicial Service Commission (FJSC), among others.
However, in a surprising development, a “Notice of Discontinuance” dated March 20, 2025, and signed by Umar’s legal representatives—M.M. Maidoki, A.G. Salisu, and Jibrin S. Jibrin—was filed in court, effectively ending the legal challenge.
Justice Umar decided to withdraw the suit following intense pressure from family members and respected elders from Toro, Bauchi State—his hometown—who urged him to prioritize family honor and avoid escalating political tensions.
A member of Umar’s legal team disclosed that, despite their firm belief that the President, National Assembly, and Secretary to the Government of the Federation (SGF), Senator George Akume, had acted illegally against Umar, they advised him to withdraw the case for the sake of his safety and the integrity of his family.
The removal attempts against Justice Umar ignited serious legal and constitutional controversy involving the Presidency, the National Assembly, and the SGF. President
President Tinubu’s decision to appoint Dr. Kogo was first announced in July 2024 by presidential spokesman Ajuri Ngelale—despite the fact that Justice Umar’s tenure had not expired.
Compounding the controversy, the official appointment letter, signed by SGF George Akume, was dated January 20, 2025, but backdated to November 27, 2024—an action that raised further suspicion among legal scholars and political observers.
The National Assembly also contributed to the confusion by initially citing an incorrect constitutional provision and even misstating the name of the intended appointee—errors they later retracted—raising concerns that Umar’s removal was politically motivated rather than based on proven misconduct.
The move was widely condemned by legal experts, who described it as unconstitutional. Senior Advocates of Nigeria (SANs) including Prof. Mamman Lawan Yusufari, Dr. Wahab Shittu, and Prof. Yemi Akinseye George pointed out that, under the Fifth Schedule of the 1999 Constitution, it is the National Judicial Council (NJC) and the Federal Judicial Service Commission (FJSC) that are empowered to nominate and recommend candidates for appointment to the CCT—not the President acting unilaterally.
There is no public evidence that the NJC, chaired by Chief Justice of Nigeria Justice Kudirat Kekere-Ekun, recommended any successor. Similarly, there is no proof that the National Assembly met the two-thirds majority threshold required to lawfully remove Justice Umar.
The National Assembly’s move to oust Umar was reportedly initiated at the behest of the Presidency, leading to the litigation that has now been withdrawn. Notably, President Tinubu, Attorney-General Fagbemi, and other officials had already filed their statements of defense prior to the discontinuance.
Justice Umar has previously presided over several politically sensitive cases, including the 2012 trial of then-Lagos State Governor Bola Tinubu over alleged false asset declarations. Although he discharged Tinubu, he did not acquit him—an outcome some believe might have posed constitutional hurdles during Tinubu’s political ascendancy.
With the withdrawal of the case, it remains uncertain whether Justice Umar will formally vacate his position or seek other avenues to contest Dr. Kogo’s appointment.
The Code of Conduct Tribunal (CCT) is a specialized court tasked with upholding ethical standards among Nigerian public officers. It is empowered to try politicians, civil servants, judges, and others accused of breaching the Code of Conduct, including false asset declarations, foreign account ownership, conflicts of interest, and corruption-related misconduct.
Upon conviction, the Tribunal can impose penalties such as removal from office, disqualification from holding public office for up to ten years, and forfeiture of assets improperly acquired.
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Akpabio: The Misconcepted Man Of Purpose, Says Niyi Babade

“Just let him know that you are passionate like him and fellow human being’s happiness is paramount to you and that you hold the ideals of man in high esteem, let him know you can contribute positively to the reason why humanity must not suffer, let him know that you are full of ideas that can bring joy and happiness to humanity, let him know that the comfortabilities of the people, the equal rights of the people in a world where no man feels he/she is more superior to the other is your perogative, let him know you can offer positive solutions to difficult situations instantly,let him know that you are super ready to bring people out of the quagmire they might found themselves at any point in time, then he will bring you closer to himself so you will have unlimited access to him and become his friend. He will make sure you are encouraged and generously rewarded for your contribution.His love and concern for humanity is unprecedented no matter your gender or status in the society. This is why people often times take undue advantage of his large heartedness for granted especially the female folks”
This was how Gbenga a former staffer of the Directorate of the State Security Services described Senator Godswill Obot Akpabio the Senate President of Nigeria,when he worked with him as security personnel when he was the Governor of Akwa Ibom State.while speaking with our reporter.
The senate president still remain steadfast and resolute to the course of humanity especially Nigerians wherever they are within the globe.
The ongoing encounter with Senator Natasha is one of the misconceptions that we speak about which has often times trailed the senate president’s path.Because of his love for people,humanitarian and philanthropy heart for every one
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JUST IN: Terrorism trial, Court admits video recording of Kanu’s interrogation, other items

A video recording of Nnamdi Kanu’s interrogation by officials of the Department of State Services (DSS) has been played in court in his ongoing trial before a Federal High Court in Abuja.
The statement Kanu made on October 15, 2015 has also been read.
In the video, he admitted establishment of Radio Biafra and registration in London.
Kanu also admitted not registering the radio station with NBC because there was no need for it.
In his statement, he admitted fighting for emancipation of the people of South East, South South and parts of Benue and Kogi.
He made it abundantly clear that freedom fighting is not a crime in any part of the world including Nigeria because it is a fundamental right.
Kanu claimed not to be involved in any violence because he has not been linked with any one.
Items in four suitcases recovered from him in his hotel room in 2015 were also brought to the court room full display.
Defence lawyer, Kanu Agabi (SAN) did not object when prosecuting lawyer, Adegboyega Awomolo (SAN) applied to tender all the items in evidence.
Justice James Omotosho has admitted the items in evidence.
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