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Federal Government  Promises Sustainable Funding Of Military-Industrial Complex

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Minister Of Defence and The AVM

 

 

The Minister of Defense Maj Gen Bashir Salihi Magashi (rtd) has promised sustainable funding of the Military-Industrial Complex to empower it to perform its statutory mandate.

 

This according to the Minister will be driven by continuously leveraging  Research and Development (R & D) matrix to create the road map for the buy-in.

 

General Magashi made the promise when the Executive Secretary Tertiary Education Trust Fund (TETFUND) Professor Sulaiman Elias Bogoro led members of the Defence and Security Sub-Committee for the proposed establishment of the National Research and Development Foundation on a courtesy call on him at the Ship House, Headquarters Ministry of Defence, Abuja.

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He said R & D is key to actualizing National aspiration to becoming self-reliant in the technological driven 21st-century world. The Minister pointed out that Nigeria cannot afford to take the back seat among the comity of nations in the efforts to industrialize.

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While commending the initiative of Professor Bogoro as the convener of the strategic moves to establish National Research and Development Foundation, the Defence Minister vouched for the Military to continue to take the lead in funding R & D citing the trajectory of the Defence Industrial Corporation of Nigeria (DICON) in a local production of platforms.

 

He said the Tri-Services have robust R & D Units that are churning out implementable modules that are viable for production of some range of weapons being inducted into the theatres of Military Operations in parts of the Country.

 

General Magashi said leveraging R & D over a period of time will reinforce National Defence capabilities and serve as force multipliers in the internal and external defence imperatives, hence the need to drum support for the proposed National R & D Foundation and for military Industrial complex

 

The Executive Secretary TETFUND Professor Sulaiman Elias Bogoro acknowledged the support of President Muhammadu Buhari and thanked the Minister of Defence for galvanising support for the proposed foundation.

 

Professor Bogoro said the developed economies of the World are leveraging R&D and  Nigeria as a global player must toe the same path to change the narrative to advance technologically. He said without grandstanding that the role of the Ministry of Defence is crucial to driving the bill for the envisioned National R&D Foundation to scale through at the National Assembly.

 

In his remarks, the Coordinator Defence and Security Sub-Committee Air Vice Marshal Onyemaechi Osahor said Military Laboratories in parts of Nigeria will be figured out and designated as production centres for the production of defence-related equipment.

 

In a statement signed by Muhammad Abdulkadir said AVM Osahor assured that the Committee is poised to making a difference in churning out implementable R&D strategic templates that will midwife the expected breakthrough in the production of platforms, using locally sourced materials from start to finish.

 

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Kano Ex-Deputy Governor Gawuna Joins ADC After Resignation from APC

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By Yusuf Danjuma Yunusa

Nasiru Gawuna, the 2023 governorship candidate of the All Progressives Congress (APC) in Kano State, has formally joined the African Democratic Congress (ADC).

Gawuna, a former deputy governor of the state, received his membership card on Tuesday at his ward in Gawuna, Nasarawa Local Government Area. The event drew a large gathering of supporters and notable political figures, including former Governor Senator Rabiu Musa Kwankwaso, immediate-past Deputy Governor Aminu Gwarzo, and the state ADC chairman, Musa Ungogo.

Speaking after the registration, Gawuna thanked his supporters and party leaders, pledging his commitment to strengthening the ADC in Kano State.

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His defection follows a formal resignation from the APC, which he described as a personal and voluntary decision. In a letter dated March 29, 2026, addressed to his ward chairman, Gawuna expressed appreciation to the APC for the opportunity to serve.

The move also comes after his resignation as Chairman of the Board of Directors of the Federal Mortgage Bank of Nigeria, effective March 31, 2026. His departure from the role complied with a directive by President Bola Ahmed Tinubu requiring political appointees to resign in line with the provisions of the Electoral Act.

Gawuna thanked the president for the trust reposed in him, noting it was an honor to serve in various capacities, including as Pro-Chancellor and Chairman of the Governing Council of Bayero University, Kano.

Political observers view Gawuna’s entry into the ADC as a significant boost for the party, given his political influence and strong showing in the 2023 governorship election, where he secured 890,705 votes.

The development is the latest in a series of political realignments in Kano State ahead of the 2027 general elections, signaling continued shifts in the state’s political landscape.

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JUST IN: Senate Approves Tinubu’s $6 Billion Loan Request

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By Yusuf Danjuma Yunusa

The Senate on Tuesday approved President Bola Tinubu’s request to secure $6 billion in external loans, granting legislative backing for the facilities hours after the Executive formally sought approval to finance critical infrastructure and address fiscal gaps.

The approval followed the consideration of a report submitted by the Chairman of the Senate Committee on Local and Foreign Debts, Senator Aliyu Wamakko (APC, Sokoto North).

In a letter read during plenary, President Tinubu sought approval for two separate facilities: a $5 billion loan from Abu Dhabi Bank to support budget deficit financing and meet existing debt obligations, and a $1 billion loan from UK Export Finance through Citibank London to fund the rehabilitation of the Lagos Port Complex and Tin Can Island Port.

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According to the President, the port rehabilitation projects aim to address longstanding operational challenges, improve efficiency, enhance safety standards, support non-oil trade diversification, and position Nigeria as a regional trade hub.

Senate President Godswill Akpabio referred the requests to the committee for expedited consideration, a directive that culminated in Tuesday’s approval.

The latest borrowing comes amid the Federal Government’s sustained reliance on domestic and external loans to finance budget deficits. Four months ago, the National Assembly approved a separate request to raise N1.15 trillion from the domestic debt market to fund the 2025 budget deficit.

In its report, the Senate Committee on Local and Foreign Debts noted that the 2025 Appropriation Act provides for total expenditure of N59.99 trillion—an increase of N5.25 trillion from the Executive’s initial proposal—highlighting the widening fiscal gap driving the government’s borrowing strategy.

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El-Rufai’s Bail Hearing Adjourned to Wednesday as Security Tightens Around Kaduna Court

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By Yusuf Danjuma Yunusa

The Federal High Court in Kaduna has adjourned the bail hearing for former Governor Nasir El-Rufai until Wednesday, March 31. Justice Rilwanu scheduled the new date after hearing arguments from both the defense and prosecution.

El-Rufai was arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on a 10-count charge involving the alleged conversion of public property and money laundering. The former governor pleaded not guilty to all charges.

In a separate case, El-Rufai also appeared before a Kaduna State High Court on charges of abuse of office, fraud, and intent to commit fraud. The ICPC filed charge number KDH/KAD/ICPC/01/26 against him and one other defendant, Amadu Sule, from the Kaduna State Development Agency (LEDA).

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According to the News Agency of Nigeria, El-Rufai arrived at the Federal High Court premises at approximately 9:40 a.m. in the company of ICPC officers.

Security was heightened across the Kaduna metropolis ahead of the proceedings. Armed personnel from the police, the Department of State Services (DSS), and the Kaduna State Vigilance Service were deployed to strategic locations. Access to the court was restricted to accredited journalists and court officials, though media representatives were barred from entering the courtroom to cover the proceedings.

Counsel for El-Rufai, Abdul Adamu, declined to comment after the session, stating only that the case “has been adjourned till tomorrow.”

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