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National Road Fund Bill: Saraki Allays Fear On Fuel Price Hike

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By Steve Oni, Ilorin
The Senate President, Dr.  Bukola Saraki has assured Nigerians that the proposed National Road Fund Bill before the Senate, contrary to insinuations making the round, would not lead to any increase in the pump price of fuel.
Saraki, while fielding questions from journalists during an interactive session in Ilorin, the Kwara state capital, over the weekend, also said the Senate would this week discuss a motion on the interest rates being charged by commercial banks on loans to customers, particularly entrepreneurs who need borrowed funds to stay afloat and contribute to the National Gross Domestic Product (GDP).
 He said the report of the Senate committee which worked on the National Road Funds Bill came from deliberations during a public hearing in which all stakeholders made different suggestions on how to generate funds for maintenance of the nation’s road network but that there was a consensus on the desirability of the Fund and the need to ensure that the money to be generated from sale of fuel for the fund should be accommodated within the current price regime.
 
 He said: “This is an opportunity to clarify the inaccurate reporting. There is a Bill called the National Road Funds Bill. Our roads around the country are not adequately funded. If we are banking on the appropriations process, we will not be able to adequately fund and refurbish our roads.
“Anybody that read the full report would have known that after the public hearing, which involved stakeholders from the road and transport industry, it was recommended that five naira from each litre of petrol should be channeled towards our roads. However, this is not going to be additional five naira, but five naira out of the present price of N145 that Nigerians are currently paying at the pump.
“The recommendations came from the engagement with stakeholders at the public hearing on the bill. One of the conditions attached to the new charges by all stakeholders was that this five naira should not be an increase, but should come from what already exists. It is believed that the existing charges in the present price regime would be reduced to accommodate the five naira Road Fund bill.
“Nigerians should be reassured that although we have not even debated these recommendations, the Senate Committee’s report came with a clear proviso that the five naira should come from a restructuring of the existing template, which is reshuffling the taxes in the current N145 — so that five naira out of this will always be pushed to develop existing roads and build new ones.”
Saraki added that this week, the Senate would discuss and take a decision on the interest rates being charged by commercial banks as he said the prevailing rates were too high and discouraging to genuine industrialists and entrepreneurs who need to accommodate the cost of money alongside other costs to fix prices of goods and services.
“If we genuinely want to stimulate local manufacturing and development of the small and medium enterprises so as to generate employment and help our national economy to recover from recession, then people must be able to borrow money at reasonable interest rates. It is difficult for manufacturers to survive while borrowing at about 28 percent”, he said.
Speaking on the journey thus far, after being at the helm of the Senate and the National Assembly as a whole for the past two years, the Senate President said: “I am comfortable with the support that I have received from my colleagues. One thing that makes the 8th Senate different is that we take initiative. For example, a bill like the PIB would have been easier to pass as an executive bill — however; based on how united we are and focused on the greater good, the passage of the PIB goes to show Nigerians the competences of the Senators of the 8th National Assembly.”
Saraki said the 8th Senate has scored many firsts since its inception and that it has fulfilled its mandate through its passage of several critical economic reform bills, opening of the National Assembly budget, and its investigations that have helped in the fight against corruption.
He said: “We are a focused Senate. We are also a people-oriented Senate. We are a Senate of many firsts, if you look at the passage of the Petroleum Industry Governance Bill, the opening of the National Assembly Budget, the passage of Bills like the Ports and Harbors Reform Bill and the Credit Bureau Scheme, you will see that we take governance very seriously.
 
“Over time, through our work like the TSA investigation; the NEITI Report investigation; and the North East Humanitarian Response investigation, we have shown that this is a Senate that does not sweep things under the carpet. We are working to pass Bills, enshrine transparency, and do things that matter to everyday Nigerians. This is because we know what families across the nation are going through and we are working to try to create more opportunities for them.”
Saraki further said: “Over the last two years, our focus has been on the economy, the economy, and the economy. You will soon see how the ‘Made in Nigeria’ amendment to the Public Procurement Act will open more opportunities for Nigerians. Additionally, starting with the implementation of the 2017 budget, the Senate will be defending Nigerian businesses by letting them know that if they find any government ministry, department or agency that is not patronizing ‘Made in Nigeria’ as a first option, they should let us know, and we will take appropriate action.”
When asked why the Senate decided to pass the governance aspect of the Petroleum Industry Bill first, the Senate President said: “One of my first meetings after becoming the Senate President was a meeting with consultants and stakeholders to find out why the Petroleum Industry Bill had always failed to pass in the past. When the reason became clear, we decided to take the first part of the Bill that has to do with governance, transparency and accountability in order to make the system more efficient for the country. By doing this, we have sent a message to international investors who have been previously unsure about what laws govern our petroleum industry that the country is truly ready for more investment in this sector.”
Speaking on the recent passage of the Nigerian Football Federation Bill by the 8th Senate, the Senate President described it as“a very important Bill that will transform the administration of football in the country. It is very personal to me because as a club owner, I am happy that this Bill will make the administration of football be in-line with international best practices.”
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CSOs Celebrate Akpabio with 5th Annual Lecture, Hail NASS–Executive Synergy

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…..Pledges expanded civic actions and pro-development campaigns in 2026

Rising-Up for a United Nigeria (RUN), a leading civil society organization committed to governance reforms and national development, has hosted the 5th Annual Godswill Akpabio Leadership and Youth Mentorship Lecture. The yearly event, held in honour of Senate President Godswill Akpabio, is designed to celebrate his leadership contributions while empowering youths and strengthening civic engagement across Nigeria.

In his opening remarks, Amb. Solomon Adodo, Convener of RUN, commended the productive relationship between the National Assembly and the Executive. He described the synergy as a major driver of grassroots development and national stability, noting that the collaboration has translated into reforms and people-focused initiatives that positively impact ordinary Nigerians. According to him, the APC-led administration of President Bola Ahmed Tinubu, working closely with the National Assembly under Senator Akpabio, has continued to demonstrate a clear commitment to improving the welfare of citizens. He said the creation and swift passage of legislation establishing regional development commissions highlight the shared resolve to bring governance closer to the people and address pressing socio-economic challenges. Adodo added that Senator Akpabio’s leadership, defined by courage, accessibility and impactful legacy projects, continues to inspire youths and governance advocates nationwide.

Delivering the keynote address, Barr. Cosmas Akighir, Chairman of the North Central Development Commission (NCDC), described Senator Akpabio as a nationalist whose contributions to national unity and development remain commendable. He noted that the establishment of the NCDC received accelerated legislative support because of Akpabio’s genuine commitment to national growth and his alignment with President Tinubu’s vision for a more secure and prosperous Nigeria. Akighir urged Nigerians to focus on supporting the Federal Government and the National Assembly, stressing that divisive rhetoric and unnecessary distractions undermine the gains of the Renewed Hope Agenda.

A striking feature of this year’s lecture was the massive turnout of civil society organisations, youth groups and community-based associations from across the country. Many attendees expressed strong support for RUN, the Federal Government and the leadership of the National Assembly, reaffirming their confidence in ongoing reforms. They pledged to intensify nationwide civic engagement, sensitisation and pro-development advocacy in 2026, with commitments to expand their programmes, strengthen partnerships and mobilise citizens for national progress.

As part of the annual tradition, the event also featured the empowerment of youths and unemployed Nigerians with vocational tools, equipment and machines worth millions of naira. This empowerment component, conducted each year during the celebration of Senator Akpabio’s birthday, aims to promote self-reliance and uplift vulnerable groups through practical support and skill-building opportunities.

The lecture attracted participants from all 36 states and the Federal Capital Territory, including government officials, traditional and religious leaders, captains of industry, community influencers and development advocates. The 5th edition of the lecture further solidified RUN’s commitment to fostering unity, legislative-executive cooperation and broad-based national development, while reaffirming the growing recognition of Senator Akpabio’s leadership impact across Nigeria.

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Activists confess receiving N500m Naira to blackmail Tinubu’s Minister Matawalle, beg for forgiveness

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Five civil society activists and media operatives on have openly confessed to being part of a N500 million coordinated blackmail campaign against the Minister of State for Defence, Dr. Bello Mohammed Matawalle, and tendered an unreserved public apology to him.

The activists, led by Comrade Aryan Abdul Kareem, made the shocking revelation at a press conference in Gusau, the Zamfara State capital.

Speaking on behalf of Comrade Olumu Lucky, Comrade Olukayode Williams, Comrade John Osumbor Mark, and Engineer Bashir Muhammad, Kareem disclosed that the entire operation was sponsored and supervised by the administration of Governor Dauda Lawal Dare through his Spokesperson, Sulaiman Bala Idris.

According to the group, Sulaiman Bala Idris personally convened several secret meetings where they were briefed, handed instructions, and provided with funds.

The campaign, they said, cost “above five hundred million naira” and involved recruiting social media influencers, bloggers, political commentators, conventional media houses, and prominent Zamfara politicians including Senator Kabiru Marafa and Sani Abdullahi Shinkafi.

“We were part of that machinery. We accepted money and roles to circulate damaging and false narratives against Dr. Bello Matawalle even though we knew they were lies. We chose financial inducement over conscience,” Kareem admitted.

The activists said their actions caused “serious emotional pain, reputational damage and distress” to the Minister, his family, and supporters, adding that after deep reflection, they decided to come clean.

“Today, we tender our unreserved apology to His Excellency, Dr. Bello Mohammed Matawalle, and to every Nigerian who was misled by the falsehood we helped spread. We beg for his forgiveness and the forgiveness of the public. This apology is born out of genuine remorse,” the statement read.

The group further declared readiness to face any legal or moral consequences, stating that they possess “documentary evidence” of every transaction and meeting, including with Governor Lawal’s Spokesperson.

“We are ready to submit all the evidence and cooperate fully with the EFCC, DSS, police or any competent authority that wishes to investigate this matter,” they affirmed.

While urging other participants in the alleged plot to also confess, the activists said their decision was aimed at cleansing their conscience and helping to enthrone truth and accountability in Nigerian politics.

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Security Agencies Uncover Plot to Stage Protest Against President Tinubu, NSA Ribadu

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Nigeria’s security agencies have reportedly uncovered a plan by some opposition politicians to organise protests in Sokoto and other northern states against President Bola Tinubu and National Security Adviser Nuhu Ribadu.

Fresh intelligence reports made available to journalists on Friday show that former Senator Kabiru Marafa is the main arrowhead of the plot.

The group is allegedly working to discredit NSA Nuhu Ribadu and the Minister of State for Defence, Bello Matawalle, by falsely linking them to bandit groups and using a Sokoto-based militia to trigger violent protests.

Sources say the Zamfara State Government, led by Governor Dauda Lawal, is strongly backing the plan and providing funding, determined to paint the federal security team as incompetent and force the removal of both Ribadu and Matawalle.

Security operatives detected the scheme this week, monitored several planning meetings in Gusau and Abuja, blocked funding channels, and quietly disrupted the operation.

No arrests have been made, but all the key figures are now under close surveillance.

The key figures are now being monitored by security agencies to track their key sources of funding.

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