Prof. Pat Utomi, a political economist, has predicted that if elected president of Nigeria, he would cut the cost of running.
I’ll Leave Peter Obi’s Corner If He Accepts to Be Someone’s VP — Pat Utomi’s, READ ALSO:
Utomi, who was a guest on Sunday Politics on Channels Television, claimed it was absurd to support the populace.
“It is way too expensive for me to govern in Nigeria, and I will still have to drastically cut it.
I would encourage production by using industry policy. When asked what he would do as president, he responded, “We’re not doing enough to stimulate production.”
At the 56th Annual Meeting of the World Economic Forum (WEF), Vice President Kashim Shettima will take the helm of the Nigerian delegation in Davos, Switzerland.
The date for the event is 2026 January 19 and 2026.
READ MORE: Shettima has no rival in 2027, and Tinubu has no rival.
The Vice President arrived from Conakry, Guinea, on Saturday for President Mamadi Doumbouya’s inauguration, where he accompanied President Bola Ahmed Tinubu.
Yussuf Tuggar, the minister of foreign affairs, Jumoke Oduwole, Jumoke Oduwole, and members of the Nigerian mission in Switzerland welcomed him on arrival.
In Davos, the Nigeria House
With the official launch of “Nigeria House Davos,” the 2026 WEF marks a milestone for the country’s global economic diplomacy.
The Davos Promenade is home to a unique sovereign pavilion for the first time by the Federal Government.
Through the use of this facility, which is the result of a successful Public-Private Partnership (PPP), high-level ministerial engagements, investment roundtables, and cultural diplomacy will be held weekly at this venue.
As he speaks at key plenary sessions focusing on the responsible use of artificial intelligence (AI), quantum computing, and biotechnology, Vice President Shettima will give the world’s most influent political and business leaders a presentation of Nigeria’s economic outlook for 2026.
To strengthen partnerships that are in line with President Tinubu’s administration’s Renewed Hope Agenda, the Vice President will hold bilateral meetings with heads of state, top executives from multinational corporations, and leaders of international development finance institutions throughout the week.
At the launch of the Nigeria House in Davos, which will focus on President Tinubu’s efforts to revitalize the economy, Oduwole said Nigeria would make a strong presentation of investment opportunities in the country in an interview with journalists shortly after the VP’s arrival.
“We will be showcasing four playbooks highlighting the efforts of President Tinubu to reform the Nigerian economy.
Three key suspects have been detained by the Kano State Police Command in connection with the horrifying murder of a housewife and her six children in Kano’s Dorayi Chiranchi Quarters.
The arrests came after intelligence-led operations were conducted at the Inspector-General of Police, IGP Kayode Adeolu Egbetokun’s request, according to a press release from Sunday.
The police commissioner, CP Ibrahim Adamu Bakori, served as the coordinator for the operation.
CSP Abdullahi Haruna Kiyawa, the police’s public relations officer, made it known that the suspects had been detained throughout a nighttime sting operation.
A team of crack agents “reacted on credible intelligence” to find three suspected masterminds of the brutal murder of a housewife and her six children in the Dorayi Chiranchi Quarters, according to Kiyawa.
Umar Auwalu, 23, of Sabuwar Gandu Quarters, Isyaku Yakubu, 40, of Sagagi Quarters, and Wawo Wawo, 21, of Sabon Gida Sharada Quarters, were identified as the suspects.
Read more about the seven family members who were killed in Kano.
According to police, Umar Auwalu, who is alleged to be the syndicate’s leader and the deceased’s nephew, admitted to organizing the attack.
The principal suspect admitted to the crime during interrogation and that the syndicate had been involved in a number of violent attacks in recent years, including the killing and burning of two housewives at Tudun Yola Quarters, according to the Command’s spokesperson.
Blood-stained clothing, two of the deceased’s mobile phones, a cutlass, a club (locally known as gora), and an undisclosed sum of cash allegedly taken from the crime scene are among the items recovered from the suspects.
According to Kiyawa, “these recoveries are crucial to the ongoing investigation, which is still being conducted.”
The Command praised the officers who participated in the operation and thanked the public for their assistance.
The Command’s statement concludes, “The good people of Kano State know that it will continue to work with all of its members to bring criminal acts to justice.”
The Federal Capital Territory Minister Nyesom Wike and state governors are accused of allegedly failing to account for the billions of naira spent as security votes since May 29, 2023, in a lawsuit brought by the Socio-Economic Rights and Accountability Project.
Despite receiving substantial public funding each year for security votes, including reports of widespread mass murders in Benue State and other violent incidents all over the country, SERAP claimed the suit was brought on by persistent insecurity across several states and the FCT.
Kolawole Oluwadare, SERAP’s deputy director, disclosed this in a statement released on Sunday.
The governors and the FCT minister are required by the court to make public information about how security votes collected since May 29, 2023, as requested in the lawsuit FHC/ABJ/CS/95/2026.
Read more: Most Nigerians Consider Governments to be Wasteful .
Additionally, the organization is asking for an order mandating the release of detailed reports on the progress of projects funded by security votes as well as any plans to improve security infrastructure in their states and the FCT.
At least 10 governors reportedly allocated about N140 billion for the same purpose in the 2026 budget year, compared to the over N400 billion that is budgeted annually as security votes across the nation, according to SERAP.
According to SERAP, Nigerians have a right to know how public funds used to protect property and lives.
The governors and the FCT minister should be aware of how public funds, including security votes, are spent, according to the organization.
SERAP warned that vulnerable Nigerians were being severely affected by the growing insecurity, worsening poverty, hunger, and human rights violations.
According to the statement, “The escalating insecurity in several states and the FCT is causing a devastating toll on Nigerians’ socially and economically vulnerable,” adding that many governors and the FCT minister had failed to fulfill their constitutional duty to safeguard lives and property.
The rights group argued that democracy demands accountability and transparency while the Nigerian Constitution prohibits secretive spending of public funds.
According to SERAP, the Nigerian Constitution (1999) as amended) never considered the use of public funds as security votes, noting that the citizen’s right to know promotes democracy and promotes democratic governance.
According to the lawsuit filed on behalf of SERAP by its attorneys Oluwakemi Agunbiade, Andrew Nwankwo, and Valentina Adegoke, secrecy surrounding security votes raises the possibility of money being stolen and used to détour public funds.
After taking part in 2026 Abu Dhabi Sustainability Week (ADSW2026), President Bola Tinubu is expected to travel back to Nigeria along with his cabinet members.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this disclosure in a statement released on Friday.
Nigeria and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), which will improve economic ties between the two nations, on the sidelines of the summit.
The agreement, according to the statement, aims to strengthen economic cooperation, promote bilateral trade and investment, promote technology transfer, and foster collaboration in key fields like energy, infrastructure, agriculture, mining, and renewable energy.
Sheikh Mohamed bin Zayed Al Nahyan (R) and President Bola Tinubu (L-R) attend Abu Dhabi Sustainability Week in Abu Dhabi. X@officialABAT photo
Read more: Minister of Commerce: Nigeria-UAE Agreement Will Open Doors for Exporters To Global Markets
President Tinubu made the announcement that an INVESTOPIA forum will be held in Lagos in February during his speech at the summit.
Nigeria is anticipated to become a top destination for long-term investments and attract international investors thanks to the initiative.
The President also stated to the audience that Nigeria wants to mobilize $30 billion in climate and green industrial finance each year.
He claimed the funds would help the nation’s efforts to expand electricity access across the country as well as its ongoing energy transition reforms.
A global forum for the promotion of sustainable development and climate change, Abu Dhabi Sustainability Week is a global platform for leaders from government, business, and civil society.
At Abu Dhabi Sustainability Week, President Bola Tinubu and Trade and Investment Minister Jumoke Oduwole shake hands with Sheikh Mohamed bin Zayed Al Nahyan, the UAE’s president. X@officialABAT photo
Meanwhile, Jumoke Oduwole, the minister of industry, trade, and investment, claimed that the United Arab Emirates’ (UAE) trade agreement will give local exporters a strategic platform for accessing global markets, particularly in the Gulf region and beyond.
Oduwole made the remarks on Thursday during a conversation on Channels Television’s Politics Today about the signing of a Comprehensive Economic Partnership Agreement (CEPA) between Nigeria and the UAE.
The agreement, according to the minister, significantly increases local goods’ competitiveness by allowing more than 7, 000 Nigerian product lines to enter the UAE market duty-free.
Over 7, 000 product lines, including agricultural produce and pharmaceuticals, will be exempt from duty-free entry into the UAE. We “we really want Nigerian businesses to exploit that,” she said.
The Rivers State House of Assembly has been accused of impeachment by a camp affiliated with the All Progressives Congress (APC) in the Rivers State, warning that the move could destabilize both the party and the state.
The APC stated in a press release on Friday that it had reviewed the Assembly’s progress and was concerned about what it termed a “choreographed legislative coup d’état,” and that it had signed a statement signed by its spokesperson, Darlington Nwauju.
“We have conducted thorough analysis of the issues that led to the most recent action taken by Rivers State House of Assembly members today,” according to the electorate to move forward with the impeachment of vice governor Prof. Ngozi Odu and governor Siminalayi Fubara.
Regrettably, the statement reads, “We regret that honorable members who trumpeted loyalty to our party and Mr. President can give themselves to the unfolding choreographed legislative coup d’état against the collective interest, growth, and development of our party in the state.”
READ ALSO: Fubara’s Impeachment is Temporarily Settled by Rivers High Court.
Rivers State could not afford actions that threaten political stability, according to the party, which accused some lawmakers, including APC members, of abiding by its wishes.
The Assembly’s ability to begin impeachment is largely subjective, as what qualifies as “gross misconduct” under Section 188 is open to political interpretation by legislators, it added.
No matter how beautifully made the allegations made against the Governor and his Deputy are, they still stand in the way of public opinion, the statement continued.
The Assembly’s choice of course could have long-term effects on the party’s survival in Rivers State, according to the APC, who cited the development as a risky precedent.
Therefore, the legislative branch’s choice of course serves as a risky footnote for the APC’s health and survival in Rivers State, it said.
The party also requested that the Rivers State Chief Judge follow the interim injunction, which forbids him from passing or opposing House of Assembly resolutions related to the impeachment process.
We also urge the Honourable Chief Judge of Rivers State to follow the interim injunction issued yesterday in Suit No. The Rivers State House of Assembly resolutions were halted by OYHC/7/CS/2026, according to the statement.
Further, it made an appeal to the APC’s national leadership to immediately intervene by activating internal mechanisms made available to the National Working Committee in accordance with Article 21(b)(iii) of the party’s amended Constitution.
