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Political Economist is a liberal news magazine with global affiliations. We are proudly pan-Nigeria yet richly spiced with African & global news.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy.

22/12/2025

Political Economist - Commuters sleep on Lagos-Benin-Asaba road; cry to Tinubu https://www.politicaleconomistng.com/commuters-sleep-lagos-benin-asaba-road-cry-tinubu
Commuters plying the Lagos-Benin-Asaba road slept on the road Sunday night as gridlock compounded their pain in what one of them who identified himself as Jonathan described as “double wahala.”

Political Economist NG reports that while traffic on the usually busy highway has peaked because of the Christmas season, the bad state of the road has worsened the traffic situation forcing the commuters to sleep on the road.

“We have been on the same spot for two hours. Front and back blocked; we have no idea what is going on but as you can see the road is bad. This is the Benin by-pass that used to ease traffic and decongest traffic inside Benin, but look at the road, is this a road?”, fumed a man who had his family in his car.

“Help us tell President Tinubu to give priority to this major road.

22/12/2025

Political Economist - Oil up on news the US intercepted an oil tanker off Venezuela https://www.politicaleconomistng.com/203092-2
December 22, 2025

Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply uncertainty. Brent crude futures rose 46 cents, or 0.8%, to $60.93 per barrel by 0400 GMT, while U.S.

22/12/2025

Political Economist - Nigeria’s CPC designation by U.S. won’t weaken bilateral relations — Congress https://www.politicaleconomistng.com/nigerias-cpc-designation-u-s-wont-weaken-bilateral-relations-congress
Dec. 22, 2025

The designation of Nigeria by the U.S. as a Country of Particular Concern (CPC) on religious freedom aims at encouraging reforms and constructive engagement, and will not weaken bilateral relations with Nigeria. A U.S.

21/12/2025

Political Economist - Tinubu congratulates DSS DG, Ajayi, on IPI Nigeria Press Freedom Award https://www.politicaleconomistng.com/203079-2
President Bola Tinubu congratulates Mr Oluwatosin Ajayi, Director-General of the Department of State Services (DSS), on his recognition as a champion of press freedom by the Nigerian National Committee of the International Press Institute (IPI). Mr Ajayi was honoured with a commendation award at the Annual Conference of the respected journalism organisation on December 2, 2025, in Abuja. According to the IPI, "Since he was appointed Director-General of the Department of State Services (DSS) in late August 2024, Mr Adeola Oluwatosin Ajayi has demonstrated an unmistakable commitment to press freedom and respect for journalists and media organisations."

"We do so not only to acknowledge his commendable press freedom credentials but also to encourage him to do even more and to inspire other officials, institutions, and organisations to emulate his example," the organisation said.

21/12/2025

Political Economist - Heirs Energies inks $750m Afreximbank financing deal to drive long-term growth https://www.politicaleconomistng.com/203076-2
Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony O.

21/12/2025

Political Economist - Ghana’s president urged to rally African leaders behind push for slavery reparations https://www.politicaleconomistng.com/203071-2
December 21, 2025

Ghana's President John Dramani Mahama held talks with a global delegation seeking reparations for transatlantic slavery and colonialism, who urged him to rally other African leaders to choose "courage over comfort" and support the growing movement. The delegation, made up of experts from Africa, the Caribbean, Europe, Latin America, and the United States, presented Mahama with priority actions under the African Union's (AU) reparations agenda, it said in a statement. (https://www.politicaleconomistng.com/unga-president-urges-member-states-to-act-for-common-good-of-all-citizens/)

In February, the AU launched a drive to create a "unified vision" on what reparations may look like, from financial compensation and formal acknowledgments of past wrongs to policy reforms. At least 12.5 million Africans were kidnapped and forcibly transported by European ships, then sold into slavery from the 15th to the 19th centuries.

21/12/2025

Political Economist - DSS DG, Ajayi, pledges to champion media freedom, engage other security agencies https://www.politicaleconomistng.com/203069-2
The Director-General of the Department of State Services (DSS), Mr. Oluwatosin Adeola Ajayi, has pledged to foster a more enabling environment for journalists and media practitioners to carry out their professional duties in Nigeria. Mr.

21/12/2025

Political Economist - Army eliminates 21 terrorists, intercepts logistics in Borno https://www.politicaleconomistng.com/203066-2
Dec. 21, 2025

The Nigerian Army troops, under Operation Hadin Kai, have neutralised more than 21 terrorists in a fierce encounter in Sojiri and Kayamla villages along the Damboa–Maiduguri Road in Borno. This operation was carried out in collaboration with the Civilian Joint Task Force (CJTF). A credible source at Army Headquarters told the News Agency of Nigeria (NAN) in Abuja on Sunday. #21

21/12/2025

Political Economist - Alleged graft: ICPC invites Dangote over petition against ex-NMDPRA boss https://www.politicaleconomistng.com/203064-2
Dec. 21, 2025

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has asked Aliko Dangote to appear before its panel of crack investigators on Monday in Abuja over a petition written by him. Dangote had written a petition against Ahmed Farouk, former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over alleged corruption. A source close to the commission, which confirmed this on Sunday in Abuja, stated that ICPC had set up a panel of crack investigators to handle the probe.

21/12/2025

Political Economist - Lagos housewife allegedly fakes own kidnap, extorts N2.5m from husband https://www.politicaleconomistng.com/203060-2
Dec. 21, 2025

The Police Command in Lagos State has arrested a 26-year-old housewife and her 30-year-old accomplice for allegedly staging her own kidnapping and extorting N2.5 million from her husband. The command’s spokesperson, SP Abimbola Adebisi, confirmed the arrest in a statement. Adebisi said the command received a distress call on Nov. 24 from the husband of the suspect through one of its emergency lines, reporting that his wife had been kidnapped by armed men.

21/12/2025

Political Economist - Female drug kingpin arrested in Lagos with 23.50kg co***ne stashed in her children’s room https://www.politicaleconomistng.com/203057-2
Dec. 21, 2025

The leader of a drug syndicate Shodunke Yetunde Simbiat who went underground since May 2024 has been nabbed in her Lagos home where 23.50 kilograms of the class A drug were recovered from her children’s room. This is coming twenty months after a co***ne trafficking cartel led by a couple: Bolanle Lookman Dauda and Olayinka Toheebat Dauda was smashed in Lagos and Ogun state by operatives of the National Drug Law Enforcement Agency (NDLEA) with multi-billion-naira worth of the illicit drug recovered from them. This was disclosed in a statement on Sunday by the spokesperson of the NDLEA, Femi Babafemi. (https://www.politicaleconomistng.com/ndlea-burns-3-tonnes-cannabis-edo-forests/)

According to him, the kingpin Lookman and his queen, Toheebat were arrested on Saturday 25th May, 2024 by operatives of a special operations unit of NDLEA at Ibiye, along Lagos-Badagry expressway while attempting to cross the land border to deliver the consignment in Ghana. ***ne ***neweighing ***ne ***neweighing

20/12/2025

Political Economist - Farewell to Professor Adamu Baikie, by Monday Philips Ekpe https://www.politicaleconomistng.com/203051-2

This accomplished scholar, university administrator and public servant has left behind huge, definitive legacies, writes MONDAY PHILIPS EKPE

Aoiri Obaigbo, a distinguished alumnus of the University of Benin, Benin City (Uniben) couldn’t have captured the quintessential Professor Adamu Baikie better on his Facebook account: “We nor go gree o/ We nor go gree/ Adamu Baike/ We nor go gree! Don’t ask me why we were chanting at Ekenwan Campus, we, students of the greatest, of the greatest, greatest Uniben. It was probably in 1984, and I have forgotten what we were sounding so fierce about.

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