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How Tinubu Could Shape GMB’s Government

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Asiwaju Bola Ahmed Tinubu
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Asiwaju Bola Ahmed Tinubu picked the gauntlet and battled the challenges of his rather traumatic and difficult youth with courage only attributable to the lion-hearted.

Today, his relevance in Nigeria is a subject of mixed feelings depending on where you are coming from.

But one thing is certain, he is a hurricane and an important factor in the country’s equation according to this expose by Reuters.

Reuters began by quoting Tinubu as saying that “I am a talent hunter. I put talents in office, I help them,”

The former Lagos state governor and opposition alliance leaders according to Reuters is  being quite open about his role as one of Nigeria’s most powerful political godfathers.

“I use the best hand, the best brain, the best experience for the job,” he told Reuters after voting this month in a governorship election in Nigeria’s economic capital which, as expected, his handpicked candidate Akinwunmi Ambode won.

But it isn’t only in his traditional fiefdom in the ethnic Yoruba southwest that Tinubu has sought to be a kingmaker. His support for former military ruler Muhammadu Buhari was seen as a key factor in the latter’s win against President Goodluck Jonathan in the March 28 presidential election in Africa’s biggest economy and oil producer.

The pro-Buhari alliance that Tinubu headed, the All Progressives Congress (APC), rallied elites around Buhari in the southwest, Nigeria’s wealthiest region. That enabled Buhari to tackle a perception that his support lies only in the dust-blown, largely Muslim north. The religiously mixed southwest had voted overwhelmingly for Jonathan in the 2011 race.

So ‘The Jagaban’, an honorific title beloved of Tinubu’s supporters, could have much say in what reform policies the new government will focus on, and who fills which cabinet posts.

“The party he led is half of the APC. He can … lay claim to that power,” said Clement Nwankwo of the Situation Room civil society group. “Buhari will feel (an) … obligation to him.”

To supporters Tinubu, a Yoruba Muslim, is a wily political operator with a passion for getting the job done and a knack for picking bright, committed technocrats to do it. To critics he is a ruthless godfather who doles out lucrative contracts to his friends’ firms, insists on installing his man in office and is capable of sending in street thugs if he fails to get his way.

The APC, which came to power on anger over corruption and growing insecurity, has declined to speak publicly about policies.

THE JAGABAN

The Nigerian practice of political godfathering has long been criticized by rights campaigners as impeding democracy by enabling powerful oligarchs to capture state institutions.

But few deny that in Lagos, at least, the former governor managed to fix things no one thought fixable.

Under his tenure at the turn of the millennium and that of his successor Babatunde Fashola, a technocrat hand picked by Tinubu, the city scrubbed up dramatically. Trash got collected, crime fell, trees were planted and traffic was better managed.

“There were refuse mountains around, tax collection was very low,” recalls Folarin Gbadebo-Smith, a former council leader under Tinubu. “But very quickly he seemed to sort things out.”

Gbadebo-Smith noticed an advantage Tinubu has over other Nigerian “big men” is that you could disagree with him and he listened, changing his mind when faced with a good argument.

He also sets high standards, says Lagos waste management head Ola Oresanya, to whom Tinubu gave three months to make a noticeable difference or be fired.

“He likes to say ‘I promised I would do this, and I have.'”

But like other powerful political figures in Nigeria, Tinubu’s power resides largely in the huge patronage he wields, which has given him influence over, for instance, the ‘area boys’ — Lagos street toughs who run rackets and guard cars. Ingeniously, he gave some of them uniforms and turned them into traffic cops.

After he voted on April 11, a group of area boys mobbed The Jagaban, and he lectured them on their disorderly behavior.

“If you want me to do something for you, line up in an orderly manner. Then I can share my peanuts,” he told them, adding: “some of you have not even voted.”

A day later, when celebrations erupted outside his home, two groups of area boys got into a fight over money that had been distributed and they began hitting each other with planks of wood, a Reuters reporter saw. But interviewed later, many of them said they loved Tinubu since “he’s a man of the common people.”

A businessman close to him says although Tinubu runs a formidable business empire, he is often short of cash because he gives so much away to oil the wheels of patronage.

Yet Tinubu may have less influence over Buhari than he had hoped, argues Kayode Akindele, CEO of consultancy 46 Parallels.

“He didn’t really deliver in the southwest. It was only a slight lead,” he said, compared to the absolute thumping Jonathan received from voters in the largely Muslim north.

“The APC, post-elections, is now very northern,” he added. That could limit any influence The Jagaban has — and replicate the north-south rivalry that divided Jonathan’s outgoing party.


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NCAA Orders Airlines to Enforce $10,000 Currency Declaration Rule

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The Nigeria Civil Aviation Authority has ordered all international airlines flying into Nigeria to enforce the $10,000 currency declaration rule.

The authority said the rule is required for passengers to declare cash or negotiable instruments above the limit, as part of efforts to strengthen anti-money laundering compliance.

According to the NCAA, the directive, referenced as NCAA/CPD/ABV/298, dated 24 April 2025 seeks to address gaps in the enforcement of existing currency declaration obligations for inbound passengers.

This was announced in a statement issued by the Director of Public Affairs and Consumer Protection, Michael Achimugu, via his official X account on Tuesday.

“International carriers must take two key actions, which include “Make inflight or pre-landing announcements informing passengers of their legal obligation to declare any currency or Bearer Negotiable Instruments exceeding $10,000 USD or its equivalent upon arrival in Nigeria.

“Distribute currency declaration forms onboard for passengers to complete before landing. The NCAA has received reports indicating that some airlines are yet to comply with this directive”, the statement read.

The NCAA said these requirements are consistent with international best practices and are vital to preventing the illegal movement of large sums of money across borders.

The Authority warned that full cooperation from international airlines is essential, saying, “Please note that the cooperation of all international airlines operating in Nigeria is critical to supporting the country’s efforts to align with global financial standards.”

Accordingly, the authority emphasised that full implementation of this directive, particularly as it concerns inbound passenger declarations, is of utmost importance.

“Compliance will be closely monitored, and non-compliant airlines will face appropriate sanctions,” it added.


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Appeal Court Nullifies Registration of ‘KPMG Professional Services’

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The court of appeal in Lagos has asked the Corporate Affairs Commission (CAC) to revoke the certificate of registration of “KPMG Professional Services”.

Appeal Court Nullifies Registration of ‘KPMG Professional Services'

In a unanimous decision delivered on Thursday, the appellant court granted the reliefs sought by KPMG Nigeria against CAC and KPMG Professional Services.

The judgment was read by Abdullahi Mahmud Bayero, the judge.

The two other judges are Abimbola Obaseki-Adejumo and A.M. Talba.

In 2002, KPMG Professional Services was registered as a company with CAC despite the existence of KPMG Nigeria, comprising its audit, tax, and consulting arms.

The KPMG Nigeria has long been registered in Nigeria before 2002.

KPMG Audit was registered in 1969, KPMG Tax Consultants in 1990, and KPMG Consulting in 1969.

Displeased with the registration of KPMG Professional Services, KPMG Nigeria approached the federal high court.

The consulting firm had argued that the name “KPMG Professional Services” was deceptively similar to its long-established identity.

In 2005, the lower court dismissed KPMG Nigeria’s case, citing an alleged merger between KPMG Nigeria and Akintola Williams Deloitte as reason the company could no longer assert rights to the name.

The lower upheld the second respondent’s (KPMG Professional Services) counterclaim and ordered that KPMG Nigeria’s name be struck off the CAC register.

The lower court had premised its decision on newspaper articles stating that KPMG Nigeria reportedly merged with Akintola Williams Deloitte.

Delivering the judgment, Bayero ruled that the lower court erred by relying on newspaper articles to ascertain that KPMG Nigeria allegedly merged with another company.

The judge said the documents showing the alleged merger were not presented before the lower court, and the form of the alleged merger could not have been known.

“In any event, the only branch of KPMG, if any, that entered into a merger with Akintola Williams as stated in the newspaper articles 18, is KPMG Audit,” the judge ruled.

“The other spheres were totally unaffected. It would therefore be wrong to state that the merger (which has not been shown to this Court) of KPMG Audit with Akintola Williams means all the other areas of business, including KPMG Consulting and KPMG Tax Consultants, also ceased to exist.

“Even if the Appellants (KPMG Nigeria) had ceased to do business as the Court seemed to have held, the 2nd Respondents (KPMG Professional Services) should not have been carrying on business until the Appellant’s certificate of registration is withdrawn or set aside.

“They cannot use the name until the Appellant’s certification of registration is withdrawn or set aside. They cannot use the name until the name is removed from the 1st Respondent’s (CAC) Register of Names.

“The 1st Respondents can only assign the name to the 2nd Respondents after first taking it away from the Appellants.”

The court ruled that CAC erred by registering KPMG Professional Services despite the existence of a business name, which is already registered.

The judge reversed the earlier ruling of the lower court and reaffirmed the primacy of statutory protection for existing business names under Nigerian corporate law.

 

 

 


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Air Peace Launches Abuja–London Heathrow, Gatwick flights October 26

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Air Peace has announced the launch of direct flights from Abuja to London Heathrow and Gatwick airports, with operations scheduled to begin on October 26, 2025.

The airline said in a statement on Sunday that round-trip fares for the Abuja–London service will start from N1m, making it the first Nigerian carrier to offer direct connections from the capital to both of London’s major international airports. This was contained in a press release issued on Sunday by the airline’s spokesperson, Efe Osifo-Whiskey.

“Direct international flight services from Abuja to both London Heathrow and London Gatwick Airports, effective October 26, 2025.

“Air Peace becomes the first Nigerian carrier to offer direct services from Abuja to both of London’s major international airports, further solidifying its role as a leader in regional and intercontinental aviation.

“Travellers originating from any of Air Peace’s domestic destinations across Nigeria can now book through fares via Abuja to either Heathrow or Gatwick using a single ticket, eliminating the need for multiple bookings or baggage re-checks,” the statement read.

Similarly, the new route opens convenient access for inbound passengers from the UK to cities across Nigeria.

“Travellers from London can access multiple destinations across Nigeria using a single Air Peace ticket through Abuja every morning. These destinations are Lagos, Port Harcourt, Enugu, Benin, Warri, Owerri, Kano, Yola, Gombe and Asaba, for now. Other destinations will be added later,” Osifo-Whiskey stated.

Air Peace is also offering what it describes as unprecedented value in pricing and service.

Osifo-Whiskey said, “It provides a distinct competitive advantage, enabling passengers to travel between Nigeria and the United Kingdom with greater ease, efficiency, and value, due to the possibility of choosing multiple cities entry and exit points.

“Has the cheapest fares ever, starting from only 1 Million Naira round trip. Huge baggage allowance.”

The Abuja–London launch comes months after the airline began Lagos–London Heathrow flights, which started earlier in 2024.


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