Skip to content
Thursday 1 October 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
News
News

Cabals of oil subsidy, exchange rate wish me dead — Tinubu

The FrontierThe FrontierMay 21, 2026 2042 Minutes read0

•Tinubu

President Bola Tinubu yesterday said that exchange rate and oil subsidy cabals are wishing him dead, following his introduction of the policies upon assumption of office in 2023.

Speaking in Lagos yesterday at the launching of the book, “The NADECO Story” written by Chief Ayo Opadokun, and presentation of awards to those who played key roles in the democratic struggle by the National Democratic Coalition (NADECO) which led the struggle between 1994 and 1998, a former Ogun State governor, Olusegun Osoba, who represented Tinubu, said: “As for security, he says, I should let you know, that he is aware that there is a deliberate attempt to disrupt the peace of this country by people whom he knew he had offended by cancelling multiple exchange rates and by cancelling oil subsidies.

“Those cabals who are doing round-tripping will wish him dead any time, but he is determined that if that is the only thing he would do, he would make sure he rearranges the economy. No matter what, he is determined to face it. So that’s the message from Mr. President.”

Tinubu said those who took part in the struggle should be celebrated, adding that democracy must be sustained in the country.

Other high-profile Nigerians at the event include: Nobel Laureate, Professor Wole Soyinka; former Ogun State governor, Aremo Olusegun Osoba; Professor Sylvester Odion-Akhaine; Chief Fred Agbeyegbe, Dr Olisa Agbakoba, SAN; and Olubadan of Ibadanland, Senator Rasheed Ladoja.

Economy, Insecurity

Speaking further, Osoba said: “He says he is ever grateful for what all of you have done to bring this country to where we are today, and he has also asked me that, by the grace of God, many of the things that you people have been asking him to do, that when he gets his second term, he is going to start implementing some of the political issues. He said the major issues before him now are the economy and security.

“You all can see now that the security situation is now moving gradually into the South-West zone. So he says the first major thing he is facing now is the economy, and you all can see that the difference between the parallel market and official market exchange rate is virtually zero now. The Naira, which they thought would be N2,000 to 1 dollar, is now 1,380 or thereabouts.

“In fact, he says he is not going to allow the Naira to get too strong. He does not want to create confusion for those who have bought money at about N1,500 and other goods.

‘Better Performance In My Second Term’

According to Osoba, the President commended NADECO for its remarkable part in the struggle, saying he would not have won the election without NADECO.

Tinubu promised to perform better in his second term if re-elected.

Osoba said: “The president asked me to tell you that he is fully with you, and he still has his tremendous respect that he would not have been where he is today if not for all of you here who have fought to entrench democracy.’’

The event also drew elder statesmen and lovers of an egalitarian society, such as Publisher of Vanguard, Sam Amuka; one of the founders of NADECO, Professor Anya O Anya; rights activist, Dr Ogaga Ifowodo; Akin Omojola; Chief Fred Agbeyegbe; Professor Anthony Kila; Nollywood Icon Mrs Joke Silva; former Information Minister, Mr Labaran Maku; Dr Olisa Agbakoba, SAN; and Chief Solomon Asemota, SAN

Others include Senator Bode Olajumoke, Wale Oshun, Dr Joe Okei-Odumakin, Lade Bonuola, Dr Obi Nwakanma, Jumoke Anifowoshe, Wale Adeoye, and Vanguard Ombudsman, Richard Akinnola.

Tags
Cabalsdeadexchange rateoil subsidyTinubu
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Australian court upholds $465,000 fine against Elon Musk’s X
next post Nollywood actress Sharon Ooja, husband welcome first child
Related posts
  • Related posts
  • More from author
News

Governor Bago, Tompolo, Moghalu, Elumelu to lead state police debate in Abuja

October 1, 20260
News

#TinubuMustGo: Amnesty International rejects police drug narrative, demands immediate release of protesters

October 1, 20260
News

Tinubu signs 2025 Appropriation Amendment Bill into law

October 1, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Entertainment

American superstar rapper Rick Ross arrested over alleged domestic violence

October 1, 20260
Politics

Drama as Lagos ADC governorship candidate Rhodes-Vivour responds to Yoruba question

October 1, 20260
Sports

EPL: Man City prepare appeal over £830 million Premier League funding judgment

October 1, 20260
Crime

Mother speaks on NYSC-bound daughter’s last moment before bandits took her into forest

October 1, 20260
Headlines

Nigerian workers begin nationwide strike tonight over hardship

October 1, 20260
Environment

Rivers Assembly suspends sitting over flood menace

October 1, 20260
Load more

inside the Hill top newspaper

February 9, 2025

American superstar rapper Rick Ross arrested over alleged domestic violence

October 1, 2026

Drama as Lagos ADC governorship candidate Rhodes-Vivour responds to Yoruba question

October 1, 2026

EPL: Man City prepare appeal over £830 million Premier League funding judgment

October 1, 2026

Mother speaks on NYSC-bound daughter’s last moment before bandits took her into forest

October 1, 2026

Nigerian workers begin nationwide strike tonight over hardship

October 1, 2026

inside the Hill top newspaper

0 Comments

American superstar rapper Rick Ross arrested over alleged domestic violence

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Row over auctioned stolen SUV bought by retired AIG •How I bought N3m car for N250,000 – Ex-police chief

January 6, 2024
3

18 suspects in police net over riot in popular Lagos market

September 19, 2025
4

France introduces new paid leave for mothers, fathers to boost birth rates

July 1, 2026
5

UK’s Princess Anne in hospital after sustaining head injuries from horse

June 24, 2024
6

Police recruitment: PSC confirms 20 centres for medical screening of candidates

April 4, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

We must fight war against poverty to fulfill Chapter II of Constitution — Afenifere chieftain

May 20, 2026
3

Atletico punish 10-man Barcelona, take control of Champions League tie

April 9, 2026
4

Trossard strikes against Fulham as Arsenal go 3 points clear

October 19, 2025
5

Nigeria’s Top 10 Songs, with ITTY OKIM •Week 32

August 9, 2025
6

New Olubadan of Ibadanland named

March 15, 2024

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

ABU to confer honorary degrees on Okonjo-Iweala, Sheikh Al-Hussain

January 10, 2025

Abuja teachers join ongoing strike

January 26, 2026

Avoid walking barefoot if you have diabetes – Expert

June 25, 2025

PDP ratifies Damagum as substantive national chairman

November 15, 2025
Top posts

Categories

  • News5088
  • Politics4795
  • Crime4568
  • International3171
  • Sports2561
  • Business & Economy2352
  • Headlines2263
  • Education1433
  • Matilda Showbiz1032
  • Health923
  • Entertainment864
  • Africa613
  • Religion493
  • Environment392
  • Special279
  • Info Tech258
  • Arts & Culture242
  • Inside Akwa Ibom Today225
  • Hunger protests in Nigeria224
  • Interview194
  • Opinion157
  • EyeCare with Dr Priscilia Imade136
  • World Cup 202695
  • Advert36
  • Trends24
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact