By Yusuf Danjuma Yunusa

The National Association of Nigerian Students (NANS) has issued a four-day ultimatum to South African businesses in Nigeria to leave the country.

This is contained in a statement on Monday in Enugu, by Bestman Okereafor, NANS national executive director, corporate and private sectors engagement.

Mr Okereafor stated that after the expiration of the ultimatum, South African business interests would face the wrath of the more than 43.1 million Nigerian students across the country.

“The attention of the apex students governing body, NANS, has been drawn to continuous attacks, intimidation and subsequent chase of law-abiding, peaceful and hardworking Nigerians and other Africans from South Africa.

“As the biggest student body in Africa, we are giving South African business interests four days to evacuate our beloved country, Nigeria.

“The reason for this action is simple: South Africans cannot continue to oppress and chase our people from their country and expect their businesses to thrive on our soil,” he said.

He also stated that immediately after the expiration of the ultimatum, the student body would consider picketing South African businesses, while further actions follow.

He called on the federal government and the African Union to take more decisive actions against South Africa for its “inimical” acts towards other Africans.

“It is on record that Nigeria played a major role in support of South Africa during the apartheid struggle and should never be paid with disloyalty, disrespect and global embarrassment,” he added.

It will be recalled that xenophobic attacks by South Africans on other Africans for some months had led to Nigerians being physically assaulted, embarrassed, intimidated, injured and some allegedly gruesomely murdered.

Several businesses and premises owned by Nigerians in South Africa were either completely burnt down or destroyed by rampaging South Africans during the xenophobic attack.

The perpetrators of these crimes had earlier given Nigerians and other Africans an ultimatum of June 30 to leave South Africa.

The federal government, through the Ministry of Foreign Affairs, had in recent weeks airlifted hundreds of Nigerians from South Africa back to Nigeria.

The Arewa Youths Merger Group, APC, has thrown its full support behind the Chief of Staff to the President, Femi Gbajabiamila, and demanded the immediate investigation and prosecution of one Adeyemi Adeyini Matthew for allegedly parading himself as the Director-General of a bogus agency, the *Presidential Foreign Intervention Promotion Council, PFIPC.

The group described the scandal as a deliberate political plot to defame the Presidency, embarrass the Federal Government, and undermine President Bola Ahmed Tinubu ahead of the 2027 general elections.

Speaking after a meeting with the Chief of Staff at the Presidential Villa, the National Coordinator of the Arewa Youths Merger Group said it was the Presidency itself that uncovered the fraud and directed the EFCC and ICPC to investigate those behind it.

According to him, Adeyemi Adeyini Matthew has been moving around the country claiming to be the DG of PFIPC, an agency with no gazette, no law, and no approval from the Federal Government.

“He has been issuing fake appointment letters, fake ID cards, and collecting money from unsuspecting Nigerians under the guise of recruitment, contracts, and foreign intervention projects. He is using the name of the Chief of Staff and the Presidency to give the scam credibility,” he alleged.

The group called on security agencies to arrest Adeyemi Adeyini Matthew and compel him to produce any genuine appointment letter from the President. “Nothing of such exists. PFIPC is a complete fraud,” it stated.

The Arewa Youths Merger Group said the attack on Gbajabiamila is part of a wider plot by some politicians to damage Nigeria’s reputation internationally and weaken the Tinubu administration.

“President Tinubu set up an economic team to block loopholes used in stealing public funds. He is the first President to openly expose how stamp duty funds were diverted and how irregularities at NNPCL were used to put pressure on Nigerians,” the group said.

It referenced ongoing corruption cases including a former Minister of Aviation accused of repainting a leased aircraft and presenting it as new, a former Minister, Suleiman Mamman and the alleged diversion of billions meant for the Mambilla Hydro Power Project, as well as cases involving former Minister Diezani Alison-Madueke and former CBN Governor Godwin Emefiele.

The group added that fraudsters are now colluding with some elements in the National Assembly and some bad staff within the Presidency. It said the removal of fuel subsidy was President Tinubu’s move to stop the racketeering done in the name of subsidy, which never benefited ordinary Nigerians.

The group linked the campaign against Gbajabiamila to religion and region, noting that most senior staff in the Presidency are Muslims and that Gbajabiamila is married to a Northerner.

“The aim is to tarnish his image, force him out, and break the South-Arewa alliance that produced the APC and brought President Tinubu to power,” it alleged.

The Arewa Youths Merger Group said it stands firmly with Chief of Staff Femi Gbajabiamila and will continue to defend his integrity.

It recalled supporting him during his bid to become Speaker in the 8th Assembly, his emergence as Speaker in the 9th Assembly, and his appointment as Chief of Staff.

Drawing lessons from the Buhari administration, the group said targeting the Chief of Staff, as was done to the late Abba Kyari, only weakens government.

“75% of presidential functions run through the Office of the Chief of Staff. How can the same person responsible for coordinating government be the one to create PFIPC to destroy that same government? If there is a problem, he will be the first to be blamed,” the group queried.

It alleged that some journalists, social media influencers and bloggers are being used to spread false narratives to “break the President’s spinal cord” ahead of 2027.

The group urged the EFCC, ICPC and other security agencies to conclude investigations and prosecute Adeyemi Adeyini Matthew and his accomplices.

It said it remains committed to defending the South-Arewa alliance and ensuring peace, unity and development under the Tinubu administration.

By Yusuf Danjuma Yunusa

The Federal Government has denied the allegation that it spent more than ₦8 trillion outside the 2026 budget, asking those who believe this to show evidence.

This follows comments by IMF Resident Representative in Nigeria, Christian Ebeke, who said about two per cent of Nigeria’s GDP was spent outside the budget in 2025, making the country’s fiscal deficit appear smaller than its actual borrowing requirements.

The IMF official said the discrepancy suggested that the government’s financing needs were higher than reflected in official budget figures.

The comment had stirred reactions from opposition leaders, civil society groups and critics of the Tinubu administration.

Former Vice President Atiku Abubakar had called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the off-budget spending allegation.

Peter Obi, Presidential Candidate of Nigeria Democratic Congress (NDC), demanded the resignation of the President.

But in a statement issued on Sunday, the Federal Ministry of Finance said reports suggesting that about two per cent of Nigeria’s Gross Domestic Product was spent through a “shadow budget” lacked evidence.

The statement personally signed by Taiwo Oyedele, Minister of Finance, said the comments of the International Monetary Fund (IMF) official was misrepresented.

Oyedele emphasised that the Federal Government does not operate any unofficial budget, arguing that all withdrawals and spending of public funds were authorised through Appropriation Acts, Supplementary Appropriation Acts and other laws passed by the National Assembly.

He clarified some capital projects extend across multiple budget cycles and are implemented through approved rollover provisions, adding that such expenditures should not be interpreted as spending outside the budget.

“The Federal Government has noted recent public commentary alleging that approximately two percent of GDP amounting to over ₦8 trillion was spent outside the approved budget based on references to the IMF Representative in Nigeria and the Fund’s 2026 Article IV Consultation Report. These claims are incorrect and risk misleading the public regarding the government’s financial management.”

“For the avoidance of doubt, the Federal Government does not operate a “shadow budget” or expend public funds outside the constitutional and statutory framework established for public finance.

“Under Sections 80 – 83 and 162 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), public funds may only be withdrawn and expended in accordance with the Constitution and laws enacted by the National Assembly. Accordingly, Federal Government expenditure is incurred pursuant to duly enacted Appropriation Acts, Supplementary Appropriation Acts, and other statutory authorities enacted by the National Assembly. In addition, multi-year capital projects which necessarily span multiple budgets are implemented in accordance with extant laws and approved provisions for capital rollovers where applicable. These are recognised features of public financial management and should not be misconstrued as expenditures outside the budget.

“It is inaccurate to suggest that trillions of naira have been secretly spent outside legislative approval. Such allegations should have identified the specific projects purportedly executed without appropriation or legal authority and present credible evidence in support of the claim. To be meaningful, assertions of this magnitude must be supported by verifiable facts rather than conjecture.

“For the purpose of public education, it is important to distinguish between appropriation, expenditure authorisation, financing, and fiscal reporting. Nigeria’s public finance framework contains several statutory transfers, first-line charges and intervention mechanisms established by Acts of the National Assembly.”

Oyedele said the Federal Government remained firmly committed to prudent fiscal management, transparency and accountability.

He added that recent reforms have significantly strengthened public financial management with ongoing improvements in budget assumptions and credibility, transparent revenue administration, digitalisation of government financial processes, and stronger treasury management.