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A family can feed for several days with ₦10,000': Tinubu's aide Tope Fasua tells Nigerians

The Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua, has advised Nigerians to cut their coat according to their size.

Fasua stated this while responding to questions at a members-only Coffee Hangout organised by Kay Hikers Club in Abuja.

He urged Nigerians to adjust their spending patterns to match their income, insisting that households must “cut their coat according to their size” amid ri$!ng economic pre$$ure.

Fasua issued the warπing during a h€ated discus$ion with a female attendee who criti¢!sed the wor$ening cost of living, ins€¢urity, and declining purchasing power.

The woman had questioned the affordability of basic needs, arguing that food items had become out of reach for many Nigerians.

However, Fasua acknowledged that prices had risen but maintained that households could still manage their resources effectively.

“A modest family will feed for several days with ₦10,000,” he said.

He then urged Nigerians to adopt more disciplined spending habits.

Just In 🚨🚨

Actor Lateef Adedimeji and his wife Mo Bimpe welcome triplets

Popular Nollywood actor Lateef Adedimeji has welcomed triplets with his wife, actress Mo Bimpe.

Lateef Adedimeji took to his official Instagram page today, May 1st, 2026 to share the development to all and sundry.

The actor confirmed to all and sundry that the three newborn babies are boys, and he has been protecting the secrets.

Recall that Lateef Adedimeji and his wife, actress Mo Bimpe (Oyebade Adebimpe), got married on December 22, 2021.

Their wedding was a series of events, starting with a traditional ceremony on December 18, 2021, followed by a grand Islamic Nikah on December 22 in Lagos.

Note that Lateef Adedimeji's marriage with Mo Bimpe has been tra!led with controv€r$y online over the years following the la¢k of ch!ldren.

A few months ago, Mo Bimpe shared messages in her inbox where many online users tr0ll€d her for not having children yet. They referred to her as b@rr€n.

In a combined Instagram post with his wife, Mo Bimpe, shared about an hour ago, Lateef Adedimeji wrote,

I’ve been quiet… not absent. I was building, protecting, and embracing the greatest blessing of my life. God gave me more than I prayed for a woman who became a mother of three, and three kings to call my own 👑👑👑 My world. My responsibility. My legacy. Alhamdulilah! ✨.”

Actress Bimbo Ademoye wrote, “GOD IS SOOOO GOOD!!! 😍.”

omowunmi_dada commented, “Such GOODNEWS For the month of MAY💃🏽💃🏽💃🏽💃🏽 THANK YOUUU JESUSSSSSSSSSSSSSSS…. Congratulations fam 🎉🎉🎊💃🏽🎉🎉.”

sotayogaga remarked, “Congratulations 🥂💐💐.”

Actress Eniola Ajao shared, “eniola_ajao 1h Alaanu ni oluwa🥹🥹 I’m not crying oo God😭 One of the good news I have waited for🥹Gods ordained set time is the best🙏🙏 Thank you lord Jesus for this blessings💃🏻 Thank you the creator of heaven and earth. This joy shall be permanent IJMN🙏 Congratulations my beautiful family💃🏻💃🏻🎉🎉🎈🎈🎊🎊.”

Congratulations 🎉 to the family of Lateef Adedimeji.

Why are we still borrowing after removing subsidy?': Emir Sanusi questions Tinubu government's appetite for loans

The Emir of Kano, Muhammadu Sanusi II, has questioned the Federal Government’s continued reliance on borrowing despite the removal of petrol subsidy, raising concerns over Nigeria’s fiscal direction under President Bola Ahmed Tinubu.

Earlier in April, the Federal Government increased its 2026 borrowing plan upward by N11.31tn, bringing the total projected borrowing for the year to N29.20tn.

President Bola Tinubu also sought the Senate’s approval on Thursday for a fresh $516m loan to fund the Sokoto-Badagry Superhighway.

Speaking during an interview posted by News Central TV on Friday, the former Governor of the Central Bank of Nigeria said that while the removal of fuel subsidy and the liberalisation of the exchange rate were necessary, p0or timing and a la¢k of fiscal disc!pline ri$k undermining their benefits.

“We’ve removed the subsidy. We’re now spending it. What we should not see is fiscal consolidation. You cannot remove wa$tages and continue borrowing. I’ve said this before. You need to see the benefits.

“If you’re not paying the subsidy and you’ve got the money, why are we still borrowing and borrowing? What are we borrowing for?” Sanusi questioned.

According to the monarch, Nigeria’s practice of supporting foreign refineries while its domestic refining capacity remained dormant was a systemic failure that needed to be addressed.

“I have always said the subsidy regime was unsustainable. We cannot continue supporting foreign refineries. We’re an oil-producing country. Keeping refineries open abroad while we’re not doing our own,” Sanusi said.

He, however, expressed optimism over the current shift toward domestic production, noting that the country has moved from a heavy importer of petroleum products to an exporter.

“Today, we have a situation where we have our own domestic refinery. We’re not importing petroleum products. We’re even exporting to Europe, and this is very good for the economy,” he added.

While backing the policy shifts, the former apex bank chief raised concerns over the timing and the sequence of the reforms.

“Artificial exchange rates, especially when you’re printing money, cannot work. There was going to be a devaluation.

"For me, removing subsidy or liberalising exchange rates, these are good interventions. Were they done at the right time? Those are certain questions. Were there other things that should be done that have not been done? These are other issues,” he said.

He argued that liberalising the exchange rate in a “loose monetary environment” contributed to the currency’s rapid depreciation.

“It’s not enough to say, oh, they removed subsidy. You had to. When you get to a point where 100 percent of your revenue goes into debt service, you cannot continue. Where is the money going to come from?

"However, if you decide to remove subsidy and liberalise exchange rates in an environment of very loose monetary conditions, before you have tightened money supply, the Naira drops to a bottomless pit. That was a timing issue,” he said.

What do you think the government is using the savings from subsidy removal to do? Share your views in the comments.

Chelsea FC 🚨🚨

Nine managers Chelsea have s@¢ked since last Premier League title

Since securing the Premier League title in May 2017, Chelsea Football Club has undergone a period of unpre¢ed€nted managerial turnover, transitioning from the structured Roman Abramovich era into the high-spending but volatile BlueCo regime.

The cycle began with Antonio Conte, who followed his title success with an FA Cup win in 2018, only to be dismi$$ed shortly after.

According to The Guardian, this sa¢king resulted in a protra¢ted legal battle over a £9 million severance package, setting a precedent for the high costs of coaching changes at Stamford Bridge.

Antonio Conte (S@ck€d: July 2018)
Following the 2016/17 title, Conte’s relationship with the board soured over recruitment. Despite winning the FA Cup in 2018, The Guardian reported that a legal b@ttle ensu€d over his £9m severance package after he was dismi$$ed a year before his contract ended.

Maurizio Sarri (Departed: June 2019)
Sarri’s tenure lasted exactly one season. While he delivered the Europa League trophy and a top-four finish, Sky Sports noted his style of play ("Sarriball") struggl€d to win over fans.

He reached an agreement to join Juventus, making him one of the few managers in this era not officially 'sa¢ked'.

Frank Lampard (Sa¢k€d: January 2021)
Appointed during a transfer ban, the club legend integrated youth prospects effectively. However, after a heavy summer spend, a mid-season sluππp led to his dismi$$al. The Athletic highlighted that internal ten$!ons regarding squad management played a role in his exit.

Thomas Tuchel (S@¢ked: September 2022)

Tuchel won the Champions League within four months of arriving. However, following the club's sale to Todd Boehly and Clearlake Capital, The Telegraph reported a breakdown in communication between Tuchel and the new owners regarding the club's long-term 'collaborative' vision, leading to his shock s@¢king early in the 2022/23 campaign.

Graham Potter (S@¢ked: April 2023)
Poached from Brighton for a record £21.5m compensation fee, Potter was intended to be the face of a long-term project. According to BBC Sport, a run of only four wins in 22 games made his position untenable, resulting in his sa¢king after just seven months.

Frank Lampard (Interim: May 2023
Lampard returned to steady the ship but oversaw a d!ffi¢ult end to the season, finishing 12th. He left upon the expiry of his short-term deal.

Mauricio Pochettino (Mutual Consent: May 2024)
Despite a strong finish to the 2023/24 season (securing 6th place), Pochettino left by 'mutual consent'.

Daily Mail sources suggested disagr€€ments over the level of control the manager should have over transfers and the medical department led to the spl!t.

Enzo Maresca (S@¢ked: January 2026)
Maresca brought a possession-based identity back to the Bridge and lasted 18 months, the longest tenure of the BlueCo era.

However, Evening Standard reported that a failure to maintain a title challenge in the first half of the 2025/26 season led the board to seek a 'tactical refresh'.

Liam Rosenior (S@¢ked: April 2026)
In one of the shortest permanent reigns in club history, Rosenior was appointed in January 2026 to salvage the season. Following a string of consecutive def€ats that saw Chelsea drop out of European contention, he was dismi$$ed after just three months.

JUST IN 🚨 🚨

Nigerian military begins court mart!al of officers a¢¢used of plott!πg co¥p agaiπ$t Tinubu

The Nigerian Military on Friday inaugurated a general court-m@rtial to try 36 personnel a¢¢used of involvement in an all€ged co¥p plot to overthrow the administration of President Bola Tinubu.

The court-martial, constituted by the Defence Headquarters (DHQ), was inaugurated at the Scorpion Mess, Asokoro, Abuja, under h€avy security.

Due to the high-profile nature of the proceedings, the session was held behind closed doors as journalists, including accredited defence correspondents who had received prior invitations, were den!€d ac¢ess to the venue.

It was learnt that security operatives barr€d the use of mobile phones to document the arrival of the 36 def€πdants, who were transported to the mess in an Army Headquarters Garrison bus at approximately 8:53 a.m.

The court-mart!al is expected to handle multiple cases involving personnel a¢¢used in connection with the all€ged plot, as the military moves to enfor¢e discipline and uphold constitutional order.

BREAKING 🚨 🚨

Thousands of supporters storm Ibadan airport to welcome Adelabu after he resigned as minister of power

Thousands of loyal supporters of Adebayo Adelabu have stormed the Ibadan airport in anticipation of his arrival in the ancient city following his resignation from President Tinubu's administration.

Abvak Update had earlier reported that Adelabu resigned his position as the minister of power to pursue his governorship ambition in Oyo State.

In a resignation letter dated April 22, 2026, and addressed to Tinubu, he said the decision would take effect from April 30, 2026, to allow for a smooth transition.

The letter, routed through the Office of the Secretary to the Government of the Federation, stated that he was stepping down with “a deep sense of honour and profound gratitude.”

He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”

BREAKING 🚨 🚨

ISWAP bur!€s 30 f!ghters k!ll€d by Nigerian Air For¢e a!rstr!kes in Borno

A video released online has shown f!ght€rs of the Islam!¢ State West Africa Province, ISWAP, reportedly bury!πg about 30 of their members following dev@$tating a!rstr,!kes by the Nigerian m!lit@ry in parts of northern Borno State.

The video was shared on X (formerly Twitter) by a counter-ins¥rgen¢y expert, Zagazola Makama.

Abvak Update had earlier reported that the Nigerian Air Force conducted an a!rstr!ke that k!ll€d about 30 t€rror!$ts in the tro¥bled northeast region.

According to the report, an ISR platform was deployed to the general area where it established overhead presence and confirmed the sighting of approximately 31 boats disper$ed along the riverbank, with associated human activity consistent with ISWAP f!ghters.

The security expert added that upon positive identification, the air component initiated precision str!ke operations in line with established Rules of Engagement and targ€ting protocols.

BREAKING

Chelsea sack Liam Rosenior after five straight lo$$es without a goal

Chelsea Football Club has officially sa¢ked head coach Liam Rosenior following a di$mal run of results that culminated in a three-nil defeat to Brighton on Tuesday night.

The decision was made after the club suff€red five consecutive Premier League lo$$es without scoring a single goal, marking their worst offensive slump since 1912.

Rosenior departs Stamford Bridge just over three months into a long-term contract signed in January, leaving the team languishing in mid-table despite significant investment.

The financial implications of the move are substantial, with The Mirror reporting that the dismissal could cost the club upwards of £24 million in compensation.

Abvak Update confirmed that Calum McFarlane has been appointed as interim head coach to lead the team through the remainder of the season, starting with this Sunday's FA Cup semi-final against Leeds United at Wembley.

BREAKING 🚨🚨

Iran closes Hormuz Strait again over US ‘p!racy’

Iran has reported sh¥t down the Strait of Hormuz again because of the US’s continuing blo¢kade of its ports.

The Islamic Revolutionary Guard Corps on Saturday says control of the Strait of Hormuz has now “returned to its previous state” because of the US’s continuing blo¢kade of Iranian ports, Iranian state media reports

US President Donald Trump says the naval blo¢kade will “remain in full for¢e” until “our transaction with Iran is 100% complete”.

Iran's foreign minister said on Friday the Strait of Hormuz would "completely open" to commercial ships for the remainder of the ce@$efire

Shortly after, Donald Trump said the strait was "completely open and ready for business" but that the US blockade of Iranian ports would continue until a peace deal is reached.

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VeryDarkMan: Court grants Crypto billionaire Blord bail after 17 days in pr!$on

A Federal High Court sitting in Abuja has granted ba!l to cryptocurrency entrepreneur Linus Williams Ifejirika, popularly known as Blord, following days of uncertainty surrounding his det€πtion.

The ruling has attracted significant public attention amid all€gat!ons regarding the handling of his case by security operatives.

Confirming the development on Friday, human rights activist and former presidential candidate Omoyele Sowore disclosed that the court granted Blord bail on self-recognition, noting that certain conditions were also attached to the release order.

Sowore stated that the court granted bail on self-recognizance, while also requiring the defendant to submit his international passport as part of the conditions.

“Bail has been granted to Linus Williams, popularly known as BLORD, on self-recognizance. The court, however, ordered that he deposit his international passport as part of the bail conditions,” Sowore said.