📰 News, Politics & Economy: The Weight of Today

ASUU Strikes Again

On October 13, the Academic Staff Union of Universities (ASUU) began a two-week warning strike.
Their demands include:

Fulfillment of the revised 2009 FGN-ASUU agreement

Payment of withheld salaries

Ending victimization of lecturers

Better funding of public universities

Release of promotion arrears
The government has urged dialogue, but ASUU sees recent offers as lacking in spirit and substance.


This move disrupts many students’ lives, families expecting graduations, and the credibility of public education.

Borrowing, Debt & Sovereign Moves

Nigeria is eyeing raising $2.8 billion via new loans and issuing its first global sukuk (Islamic bond) of $500 million.

The goal is to refinance maturing Eurobonds and manage deficits.

To support this, the African Development Bank (AfDB) is offering $500 million in budget support.


This is a tightrope: more debt can help stabilize today, but if mismanaged, burdens us tomorrow.

Energy & Infrastructure Moves

Nigeria launched its first fully Nigerian-owned Floating Storage and Offloading (FSO) vessel. It’s stationed offshore Bonny in the Niger Delta, aiming to strengthen crude export capacity and reduce reliance on pipelines.

In telecommunications: MTN Nigeria revealed plans to connect 8 million homes with fiber by 2028, supporting the national broadband goals and pushing digital inclusion forward.


These are strategic bets — can Nigeria deliver on implementing, maintaining, and securing them?

Political & Security Shifts

After 6 months under emergency rule, Rivers State’s emergency status was lifted. The suspended governor and lawmakers were reinstated.

There’s turbulence elsewhere: security in many states remains fragile, infrastructure vandalism (especially in oil sectors) is persistent, and local governance questions continue.

In sports: the Super Eagles had a scary moment — their flight experienced a mid-air crack in the windshield after taking off from Luanda. They landed safely back, then later returned to Uyo.


The symbolic value is huge. It stirs national anxiety: how safe are we, even in high-profile domains?