Presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi, has accused the administration of President Bola Tinubu of presiding over what he described as “grand corruption,” citing an alleged N8.83 trillion in unbudgeted expenditure highlighted in a recent International Monetary Fund consultation report.

In a statement titled “Grand Corruption: Nigeria’s Greatest Threat,” posted on his X account on Sunday, Obi claimed the reported expenditure was not captured in the 2025 budget, arguing that it was therefore outside legislative oversight and administrative scrutiny.

According to him, the N8.83 trillion represents about two per cent of Nigeria’s Gross Domestic Product (GDP), more than 35 per cent of the country’s 2025 capital budget of N23.96 trillion, and exceeds the combined allocations for education and health.

Obi said the funds, if properly utilised and accounted for, could have significantly improved public healthcare, education and job creation through the establishment of cottage industries.

He alleged that the development was not an isolated case but part of a broader pattern of corruption under the current administration.

The former Anambra State governor further accused the government of disregarding public finance management rules, warning that such practices threaten national security, deepen poverty and weaken state institutions.

Describing the All Progressives Congress (APC)-led administration as “grossly corrupt, incompetent and insensitive,” Obi argued that the alleged mismanagement of public resources had worsened the country’s economic and social challenges.

Reiterating an earlier call for Tinubu to resign, Obi said recent developments had reinforced his position that the President should step down over what he described as incompetence, lack of compassion and failure to fulfil campaign promises.

“The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. 

“The IMF now reveals that about N8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny. This is horrible.

“N8.83 trillion is as follows:

“About 2% of our GDP.

Over 35% of Nigeria’s 2025 N23.96 trillion capital project budget. In fact, the amount is more than the actual released capital funding for 2025.

“It is more than the entire combined budget for education (N3.52 trillion) and health (N2.38 trillion).

“If such an amount is properly used and accounted for, it could transform Nigeria’s public health and education sectors. It could create hundreds of cottage industries that can provide jobs for thousands of graduates and build a solid foundation for economic development. But we cannot account for it. This is not an isolated incident.

“This is a pattern of grand corruption that has become part of this administration.

“We have a lot to worry about regarding the state of corruption under President Tinubu. 

“The sort of corruption that is ingrained in total disregard of elementary rules of public finance management poses a grave danger to national security and the stability of the Nigerian state,” part of the statement read.

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has hinted on the emergence of a new Vice President, Secretary to the Government of the Federation, SGF, and Senate President.

Primate Ayodele also warned of underground plans to rig the 2027 general elections.

He disclosed this during the release of the 32nd edition of his annual prophecy book, ‘Warnings To The Nations’.

The presentation was done during a world press conference on Saturday at his Lagos headquarters church.

According to Primate Ayodele: “I foresee a new Vice President, a new Secretary to the Government of the Federation, SGF, Senate President and a new Federal Minister. 

“I foresee a lot of underground plans to rig the 2027 elections. I foresee a former Head of State will not support Tinubu.”

The popular Nigerian prophet also disclosed that the North would be angry with President Bola Tinubu ahead of the 2027 elections.

He warned that Tinubu’s victory in the 2027 elections is not yet certain, stressing that a lot of Nigerians will rise up against him.

“The Northern parts of the country will be angry with Tinubu. The ruling party will be struggling to sustain their federal or the seat at the Centre.

“I foresee that the Tinubu victory is not yet certain except Tinubu takes a bold step.

“A lot of people will rise up against Tinubu. Tinubu will want to do last minute changes even of the Service Chiefs,” he said.

The clergyman further disclosed that Governor Ademola Adeleke of Osun State will win the forthcoming governorship election in the state.

“The present Osun governor will win but must be on top of the election so that the polls results will not be rigged.

“I foresee the Ruling party is putting pressure on INEC as to what should be done by the electoral body,” Primate Ayodele said.

By Dayo Johnson, Akure

The Asiwaju Mandate Group (AMG) in Ondo State has said the All Progressives Congress (APC) National Working Committee’s (NWC) reversal of several Senate and House of Representatives primary election results saved the party from what it described as an “electoral precipice.”

Speaking in Akure, the Director-General of the group, Olumuyiwa Asagunla, alleged that the primaries exposed “deep fractures” within the party and were reduced to a “theatre of manipulation and administrative high-handedness orchestrated from the highest seat of power in Alagbaka.”

“Instead of fostering internal democracy, the processes were weaponised to settle personal scores, sideline original party owners, loyal party stalwarts, and forcefully plant political neophytes. Despite all, we are happy that truth prevailed,” Asagunla said.

He accused Governor Lucky Aiyedatiwa of displaying what he described as “short political memory,” arguing that the party structure stood by him during his impeachment ordeal as deputy governor and later gave him full support to secure the governorship.

“Yet, upon securing the executive seat, the Governor has chosen to repay loyalty with disdain, sidelining the original party owners, leaders and elders,” he said.

“A leader who cannot manage success without alienating his benefactors is bound for an administrative awakening.”

The group said the June 20, 2026, Ondo South Senatorial by-election reflected the impact of what it described as the governor’s “isolationist approach.”

According to Asagunla, although Ondo South has 673,446 registered voters, only 70,770 participated in the election, with the APC candidate polling 68,474 votes.

“For a sitting Governor to be unable to mobilise even a minor fraction of the registered voters in his own home turf is a terrible indictment,” he said.

“This shocking voter apathy is a direct testament to the fact that the grassroots has been completely alienated by the Governor’s arrogance.”

He further claimed that Governor Aiyedatiwa would be unable to deliver Ondo State for the APC in the 2027 presidential election.

“Governor Aiyedatiwa is currently incapable of delivering Ondo State for the APC in the upcoming 2027 presidential election,” he alleged.

The AMG also criticised a protest allegedly led by the Commissioner for Women Affairs against the NWC’s revised National Assembly candidates’ list.