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'It's going to get worse': US car buyers brace for sweeping auto tariffs
For two years, Jeannie Dillard has saved what she can on her fixed income to replace the vehicle that was stolen from her home and found totalled a few miles away.
She looked around a used car dealership in Virginia on Thursday, peering at sticker prices with a newfound worry: blanket tariffs on foreign cars and car parts that experts warn could drive up prices in the US, which kick in next week.
She'd like to buy a car now, she said, but "I have to wait until my finances improve".
Ms Dillard is among the plethora of Americans bracing for expected economic turbulence under President Donald Trump's sweeping auto tariffs - an unprecedented US trade policy manoeuvre.
"It took me a long time to save up for the last car," she said. "If prices get too high, I'm obviously not going to buy something that I can't afford."
She added: "We'll just have to wait and see."
On Wednesday, Trump announced new import taxes of 25% on cars and car parts entering the US from overseas, which go into effect on 2 April.
Charges on businesses importing vehicles are expected on 3 April, and taxes on parts are set to start in May or later.
Trump and members of his administration have argued that the tariffs will lead to "tremendous growth" and increase jobs in the US.
But experts and automakers have warned in dire terms that tariffs could raise prices for US consumers, amplifying the stress of an already sluggish economy.
Mohamad Husseini, co-owner of a used car dealership in Maryland, said that he expects the additional tariff costs to get passed on to the consumer.
"The prices in the wholesale market have skyrocketed already," he told the BBC.
"It's going to get worse."
A car that would sell for $13,000 (£10,000) might rise to $14,500 (£11,200) because of the tariffs, Mr Husseini said. He predicted that consumers will see prices increase in the next three to six weeks.
The auto tariffs will likely force car dealers like Mr Husseini to raise prices.
"We all still have bills to pay, mouths to feed and employees to pay," he said.
At another car dealership, Robin Sloan was hoping to get a deal before prices increased.
She said she probably would have waited until the summer to go car shopping, but "with the tariffs, I decided I should go out and look now".
She rejected the Trump administration's claim that tariffs will cause Americans to buy US cars instead of foreign ones.
"I don't think I would buy a car made in the United States just because of the tariffs, I think I would probably wait a few years until things settle down," Ms Sloan said.
From buyers to dealers, the effects of the tariffs will be widespread, for better or for worse, experts say.
In the US, there are 908 motor vehicles per 1,000 people. About 92% of households own a vehicle.
Car ownership is typically higher in the US than in Europe, surveys suggest, partly because, in the absence of extensive public transport, many Americans have no other choice of how to get around.
Cars are also more than just a means of transportation. As symbols of both freedom and success, cars have a unique place in the national identity, from the show Pimp My Ride to Janice Joplin singing "Oh Lord, won't you buy me a Mercedes Benz".
John Heitmann, a University of Dayton professor and automobile historian, who in his free time likes to polish his 1982 Mercedes SL, said that tariffs will have an existential, as well as an economic, impact.
"New cars are really out of the reach of a good number of Americans to begin with," he told the BBC.
"Consumers will not benefit, prices will go up," particularly amongst more affordable vehicles made in Korea, like Hyundais, he said.
As a vintage-car enthusiast, he said tariffs have added a layer of uncertainty to his hobby.
"About 50 minutes ago, I got an email from a part supplier in the UK saying, 'Don't worry... they're not going to go up, probably'," he said.
"'We haven't seen anything in writing yet.' That's what they said."
Higher-end imported vehicles, such as Audis, BMWs and Mercedes, will increase in price, too, Prof Heitmann said, though many of those who buy from such brands might be able to absorb a heftier price tag.

A 2024 study by the US International Trade Commission predicted that a 25% tariff on imports would reduce imports by almost 75%, while increasing average prices in the US by about 5%.
The US imported about eight million cars last year - accounting for about $240bn (£186bn) in trade and roughly half of overall sales.
Despite efforts from some car makers - including Ford and General Motors - to discourage Trump enacting auto tariffs, the president is forging ahead.
Some car makers are embracing Trump's tariffs, however.
On Tuesday, Hyundai, the South Korean car-marker, announced it would invest $21bn (£16.3bn) in the US by building a new steel plant in Louisiana.
Trump said the move is a "clear demonstration that tariffs very strongly work".
But the tariffs are likely to impact the domestic car industry as well.
US auto manufacturing has been deeply intertwined with industries in Canada and Mexico for decades. Parts criss-cross the borders several times before they are assembled, which means that even a vehicle as iconically American as a Ford pickup truck could see a sticker price increase.
Ultimately, Trump's tariff strategy will thrust the US auto industry into uncharted territory, leaving uncertainty hanging over consumers, dealers and automakers until they go into effect on Wednesday.
"Everything's topsy turvy now, you know, and it's also terribly filled with uncertainty, because no one exactly knows what kind of game is really being played by the Trump administration related to all the bluster of these tariffs," Prof Heitmann said.
Some, like Mya Fountain-Bunch, just want to get through the unease. She took her car into a dealership this week to avoid needing a replacement after the tariffs hit.
"[I'm] making sure that my car is working and hopefully I won't have to buy another car in the next few years, or at least the next four years until this administration is done with."
[BBC]
Akpoti-Uduaghan, Husband Threaten Legal Action Against Senator Nwaebonyi Over Alleged Defamation
The couple’s legal representatives have issued a formal demand for a public apology, warning that legal action will be pursued if the senator fails to comply.
In a letter dated March 27, 2025, with reference WIC/W/AB/W3/25, the solicitors representing Chief Uduaghan, a high chief in Warri Kingdom, and Senator Akpoti-Uduaghan, who represents Kogi Central Senatorial District, accused Nwaebonyi of making damaging statements during a television interview.
The remarks were aired on News Central TV and its affiliate platforms, including DSTV, GOTV, Startimes, and AVO.
During the interview, Nwaebonyi allegedly made derogatory remarks that suggested Senator Akpoti-Uduaghan had a pattern of making false accusations of sexual harassment.
He also implied that her marriage to Chief Uduaghan was based on coercion rather than mutual affection.
The legal representatives of the couple have condemned Nwaebonyi’s comments as an intentional attempt to damage their clients’ reputations.
The statements, which quickly spread across social media, were described as a deliberate effort to tarnish the public image of both individuals.
The solicitors argued that Nwaebonyi’s remarks falsely portrayed Chief Uduaghan as a victim of blackmail and Senator Akpoti-Uduaghan as a person of questionable moral character.
The letter pointed out that these false allegations have caused significant reputational harm, leading to distrust and embarrassment among their political, social, and business associates.
The letter from the law firm demands a public apology from Senator Nwaebonyi within 14 days, to be broadcast on News Central TV and widely shared across social media platforms.
The solicitors warned that failure to comply with this request would result in legal proceedings being initiated against Nwaebonyi to seek redress.
[NaijaNews]
24 APC Chieftains Emerge Heads Of Federal Boards
President Bola Tinubu has appointed the national publicity secretary of the All Progressives Congress (APC), Felix Morka, as board chairman of the Nigerian Television Authority (NTA).
In a statement by his spokesman, Bayo Onanuga, President Tinubu also approved the appointment of Hon. Fatuhu Mohammed Buhari from Katsina State as director-general of the National Agricultural Seed Council.
The president further appointed the following Nigerians as board chairmen of various federal government institutions:
“Mallam Muhammad Massan, APC State Chairman, Bauchi State – Board Chairman, Nigerian Stored Products Research Institute, Ilorin; Alhaji Abdullahi Abbas, APC State Chairman, Kano State – Board Chairman, Nigerian Agricultural Quarantine Service; Dr. Austian Agada, APC State Chairman, Benue State – Board Chairman, National Agricultural Seed Council; Hon. Macdonald Ebere, APC State Chairman, Imo State – Board Chairman, Federal College of Fisheries and Marine Technology, Lagos.
Others are “Ubong Stephen Ntukekpo, APC State Chairman, Akwa Ibom State – Board Chairman, National Institute for Freshwater Fish, New Bussa; Chief Emma Eneukwu, Deputy Chairman (South) of the APC – Board Chairman, National Automotive Development Council; Aminu Musa Bobi, APC State Chairman, Niger State – Board Chairman, National Library of Nigeria; Pharm. Abass Olayide, APC State Chairman, Oyo State – Board Chairman, Federal Neuropsychiatric Hospital, Kaduna; Alhaji Mohammed Gadaka, APC State Chairman, Yobe State – Board Chairman. Citizenship and Leadership Training Centre; Benjamin Omale, APC State Chairman, Benue State – Board Chairman, National Orthopedic Hospital, Enugu; Rufus Bature, APC State Chairman, Plateau State – Board Chairman, Nigerian Coal Corporation; Alhaji Abubakar Muhammed Kana, APC State Chairman, Kebbi State – Board Chairman, Michael Imoudu National Institute for Labour Studies; Hon. Donatus Nwankpa, APC National Working Committee Member, from Abia State – Board Chairman, Project Development Institute (PRODA); Comrade Mustapha Salihu, APC State Chairman, Adamawa State – Board Chairman, National Agency for the Prohibition of Trafficking in Persons (NAPTIP).
Others are Dr Kingsley Ononogbu, APC State Chairman, Abia State – Board Chairman, National Parks Headquarters; Alhaji Abdulmalik Usman, APC State Chairman, Federal Capital Territory – Board Chairman, Forestry Research Institute of Nigeria, Ibadan; Hon. Ibrahim Tukur El-Sudi, APC State Chairman, Taraba State – Board Chairman, Environmental Health Registration Council of Nigeria; Sola Elesin, APC State Chairman, Ekiti State – Board Chairman, Nigerian Institute of Mining and Geosciences.
Emperor Jarrett Tenebe, APC State Chairman, Edo State – Board Chairman, Federal College of Agriculture, Akure; Alhaji Tukur Umar Danfulani, APC State Chairman, Zamfara State – Board Chairman, Federal Medical Centre, Azare; Hon. Aminu Sani Gumel, APC State Chairman, Jigawa State – Board Chairman, Federal College of Produce Inspection and Stored Products Technology, Kano; Barr. Idris Shuaibu, APC State Chairman, Adamawa State – Board Chairman, Federal College of Animal Health and Production Technology, Ibadan.”
[Leadership]
How 16 hunters were mobbed, killed in Uromi
Outrage has trailed the mob killing of 16 northern travellers at Uromi in Edo State, while transiting from Port Harcourt in Rivers State to Kano State. Weekend Trust gathered that the victims were hunters who were returning home for the Sallah celebration.
President Bola Ahmed Tinubu condemned the murder of the hunters, directing the security operatives in the state to go after the killers and bring them to justice, saying that a thorough investigation should be conducted and the culprits brought to book.
The Northern Governors Forum, Amnesty International among others have also condemned the killing of the men.
The attack
The travellers said to be hunters, were on their way to Kano for the Sallah celebration when a mob intercepted and lynched them on suspicion that they were kidnappers.
Weekend Trust learnt that local vigilantes had stopped the vehicle the victims were travelling in and in the course of search, found Dane guns used by the hunters, a development that reportedly led to the gathering of a mob who concluded the travellers were kidnappers and burn them alive.
In a viral video seen by our reporter, the deceased were seen rounded up by some youths who eventually set them ablaze.
The attackers tied the victims to used tyres, poured petrol on them and set them on fire.
Police confirm incident
The Edo State Police Command said 14 suspects had been arrested in connection with the incident.
A statement by the command’s spokesperson, CSP, Moses Yamu, said, ‘‘on March, 27, 2025, a truck with registration number KKF 225 XA, coming from Port Harcourt, conveying 25 travellers from Elele, a suburb of Rivers State, was accosted by some vigilante group members at Uromi.
“Some of the travellers who were found in possession of locally made Dane guns were arrested.
“While this was ongoing, some vigilante members raised an alarm of them being suspected kidnappers, which led some members and passersby in the community to attack and lynch 16 of the occupants while the truck conveying them was equally burnt”.
He said the police went to the scene where 10 of the travellers were rescued, while two of those who sustained various degrees of injuries were rushed to a hospital and that they are responding treatment.
He added that Police Mobile Force personnel with other command tactical teams had been deployed to the area to forestall breakdown of law and order.
“The Commissioner of Police reiterates the need for peaceful coexistence among various groups, and urges residents to remain calm and cooperate with the police as investigations continue,” he said.
He also cautioned against any form of reprisal attacks or unlawful gatherings that may further escalate tensions.
Survivors recount ordeal
Dayyabu Yahya, a survivor shared how he and four others escaped the attack. He recounted: “Our journey was peaceful from Port Harcourt until we reached Uromi, where trouble began. Vigilantes stopped us. I was seated in the front seat. They ordered our driver to step out of the vehicle, but he refused. In response, they flogged him. They also ordered the other passengers to get down from the vehicle, during which they beat us up before grouping us together.
“They inspected our belongings but found nothing suspicious—only some licensed Dane guns. There were about 27 passengers in the vehicle. I can’t say how many of us are missing, but I know that two passengers were hospitalised.”
Another survivor, Mustafa Ali Kassim, said, “The vigilantes started beating us as we were stepping out of the vehicle. After gathering us in one place, the locals joined in and continued the assault. Eventually, the vigilantes stepped back and allowed the locals to beat us while they stood idle, watching. Realising that we would likely be killed, some of us made a run for our lives—I was one of them. While fleeing, I encountered kind-hearted Hausa people, who gave me some money, which I used to reach the Hausa community leader here.”
Torankawa village of Kano in mourning
Weekend Trust learnt that all the victims hail from Torankawa village in Bunkure Local Government Area of Kano State.
The village, according to our reporter, has been thrown into mourning following the development. According to a source in the village, the identities of three of the victims have been confirmed while several households are apprehensive on whether their relatives are alive or dead.
It was gathered that every year, a group of hunters from the village embark on hunting expeditions to various parts of the country. The source said about 30 of them left the village for the hunting expedition this year. He added that they were told that the victims were on their way back home when the incident happened.
“Our village is in mourning, every family is worried as they do not know whether his or her relative is alive or dead. We received the news of the incident not long ago. We have never heard of something like this before. Reports reaching us revealed the identities of three of the victims,” a source from the village said.
Another native of the village who resides in Rano Malam, Alasan Ubale, lamented the development, saying the practice had been on for long but they had never heard of such incident.
Okpebholo assures of justice
Meanwhile, Edo State Governor Monday Okpebholo, who described the act as barbaric and condemnable, vowed that the perpetrators would be brought to justice.
The governor, who spoke at Uromi, through the Chief Security Officer (CSO), Government House, SP Solomon Osaghale, said he was there to ascertain the level of damage done and to ensure that investigation is carried out to ensure justice and forestall a reoccurrence.
He warned that nobody had the right to take another man’s life, stressing that the nature of the killing was a cause of concern to the governor.
“I can assure you that the people involved in this unprovoked attacked will not go scot -free, as His Excellency has directed the Commissioner of Police to launch a full scale investigation into the matter.
“As I speak now, four persons have been arrested for their involvement in this ugly incidence,” he said.
He called for calm while urging the law abiding residents of Uromi, especially the Hausa community in the area to go about their daily activities, as men of the Nigerian police force and other security agencies have been deployed to restore peace and normalcy to the place.
Tinubu orders probe, manhunt for killers
President Bola Ahmed Tinubu in his reaction condemned the incident.
The president has also called on security operatives in the state to go after the killers and bring them to justice, saying that a thorough investigation should be conducted.
Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement said the president, “expressed shock at the dastardly act, directed police and other security agencies to conduct swift and thorough investigations and punish the suspected culprits.”
President Tinubu commiserated with the families of the affected victims and assured them that criminals would not be allowed to shed the blood of innocent Nigerians.
The president noted that jungle justice has no place in Nigeria, and all Nigerians have the freedom to move freely in any part of the country.
Northern govs condemn killing
The Northern States Governors’ Forum (NSGF) has also condemned the killing.
In a statement issued yesterday, chairman of the Forum and governor of Gombe State, Muhammadu Inuwa Yahaya, described the attack as a gross violation of human rights, stressing that extrajudicial violence was “entirely unacceptable and must be unequivocally condemned with the utmost severity.”
He said the forum expressed its deepest condolences to the families of the victims and all those affected by the incident.
“We are deeply disturbed by the loss of innocent lives and the horrific manner in which these individuals were attacked.
“This appalling act undermines the rule of law and the very fabric of our society. It is imperative that the relevant authorities conduct a full and thorough investigation into this senseless act. The perpetrators must be identified, arrested, and brought to justice swiftly,” he said.
Governor Yahaya reiterated that all Nigerians, regardless of their region, should be able to travel freely and safely without fear of harassment, violence, or intimidation.
Atiku, Kwankwaso speak
In the same, former Vice President Atiku Abubakar, while reacting to the development expressed “deep sorrow over the incident” and called for thorough investigation.
“I am deeply saddened by reports of the tragic killing of some hunters in Edo State. My heartfelt condolences go out to their families and loved ones,” Atiku stated on his Facebook account.
He called for a transparent and impartial investigation to ensure justice is served and prevent future occurrences of mob violence.
“The protection of innocent lives must remain paramount, and I urge the authorities to act swiftly and decisively to prevent a recurrence of jungle justice. Justice must not only be done but must be seen to be done to restore public confidence in our security institutions”, he said.
Senator Rabiu Musa Kwankwaso, the presidential candidate of the New Nigerian Peoples Party (NNPP) in the last general elections, also condemned the mob action.
In his Facebook post, he described the incident as barbaric and emphasised the right of all Nigerians to travel freely without fear of harassment or intimidation.
Go after killers, Barau tells security agencies
On his part, Deputy President of the Senate, Senator Barau I Jibrin, urged security agencies to immediately go after the perpetrators.
Describing the killings as barbaric, inhumane, and devilish, the Deputy Senate President appealed to the Edo State Police Command and other security agencies to take decisive action to bring the culprits to justice.
Senator Barau, in a statement by his Special Adviser on Media and Publicity, Ismail Mudashir, called for calm, assuring that the perpetrators would not go unpunished.
He disclosed his intention to sponsor a motion in the Senate to ensure that those responsible for the killings are held accountable.
“I have been inundated with calls by my constituents and other Nigerians on the horrific murder of innocent individuals in Edo State. I condemn in totality the barbaric killing of innocent Nigerians.
“I, hereby, appeal to our security agencies to quickly swing into action to arrest these evildoers and ensure that they are punished in line with the gravity of their criminal acts.”
Amnesty International too
Also, Amnesty International, in a statement on Friday signed by the Country Director, Isa Sanusi, condemned the incident.
“The Nigerian authorities must go beyond merely condemning the incident and ensure that the suspected attackers are apprehended and brought to justice in a fair trial,” the statement read.
“The consistent failure of the Nigerian government to punish mob violence has created an environment in which violent mobs believe themselves entitled to take the law into their own hands,” Mr Sanusi said.
Amnesty International described the lynching as part of a growing trend of vigilante groups unlawfully blocking highways and engaging in violent acts with impunity.
“The horrific mob violence that happened at Uromi is part of the rising trend of vigilante groups of towns and villages along highways blocking roads and carrying out unlawful activities with impunity.
“The fact that these killings have been happening for a long time, with few cases investigated and prosecuted, highlights the authorities’ shocking failure to uphold and fulfill their obligation to protect people from harm and violence”, Mr Sanusi said.
AYCF reacts
Also, the Arewa Youth Consultative Forum (AYCF) in a press statement signed by Yerima Shetima, its President General, said ,“The subsequent actions of an irate mob, incited by unfounded claims of kidnapping, led to a grotesque act of barbarism that is both regrettable and unacceptable. The mob’s actions resulted in the loss of 16 precious lives, with some bodies tragically trapped inside the vehicle that was set ablaze.
“Eyewitness accounts reveal the horrifying scene where some victims were allegedly removed on wheelbarrows and thrown into the flames, a chilling testament to the sickening reality of mob justice that has taken root in most Southern Nigerian communities’’, he said.
He expressed concern over the act of mob violence and called for immediate and thorough investigations into the tragedy.
Arewa in South South condemn killings, demand justice
The South South Coordinator of the Arewa Consultative Forum, Alhaji Musa Saidu, has also condemned the killing.
Alhaji Musa Saidu, who spoke with our reporter in Port Harcourt, said
the victims were innocent people who were working hard to eke out a living.
He said, “We the Arewa people and the entire Hausa community in Rivers State and the entire South South condemn the killing and
call on the Inspector-General of Police, the AIG zone 5, the DSS, the governor of Edo State and the federal government to investigate the circumstances surrounding the killing of these innocent people. We want this incident thoroughly investigated and all those found culpable punished”.
[Daily Trust]
Canada confirms retaliatory tariffs on US after Trump-Carney call
Canada on Friday confirmed its resolution to impose retaliatory tariffs on goods from the United States starting next week.
A statement by the Prime Minsiter’s office said Mark Carney informed President Donald Trump of the decision during their phone conversation.
“The Prime Minister informed the President that his government will implement retaliatory tariffs to protect Canadian workers and our economy, following the announcement of additional U.S. trade actions on April 2, 2025,” it reads.
PM Carney and President Trump communicated on Friday ahead of the U.S. implementation of new tariffs going into effect next week.
Trump has been calling April 2 America’s “Liberation Day” with mounting fears over an increase in prices of goods in Canada and America.
Canada’s announcement of retaliatory tariffs did not include the timing and the scope but the statement hinted that the leaders’ talks touched on the April 28 election.
“The leaders agreed to begin comprehensive negotiations about a new economic and security relationship immediately following the election,” it said.
Carney’s office described the chat as a “very constructive conversation,” while Trump, in a social media post, called it “extremely productive.”
[DailyPost]
10 young CEOs under 40 with thriving firms
Adeniyi Omotayo
Age: 34 years
Company: Betensured
Industry: Gaming
Adeniyi Omotayo is the sole founder, Managing Director and Chief Executive Officer of Betensured Group, a sports prediction service. Omotayo, as a 29-year-old, established Betensured in 2015 as a free betting tips blog but later grew into a sports prediction and gaming service. Under Omotayo, Betensured has expanded operations to East Africa with physical offices in Nigeria, Kenya and Uganda. It has over one million registered users and at least 35,000 yearly subscribers.
Damilola Olokesusi
Age: 35 years
Company: Shuttlers
Industry: E-Transport
Damilola Olokesusi is the dynamic Chief Executive Officer of Shuttlers, Nigeria’s 1st & leading tech bus-sharing service. Olokesusi, who is also a co-founder of the company, created Shuttlers in 2015 as a tech and transport company aimed at enabling professionals and organisations to share rides to and from work in corporate buses. In her role as the CEO, Shuttlers has continued to witness tremendous growth. The company raised a $1.6m seed funding in 2021 and announced plans to expand into more African metropolitan cities. Passionate about the empowerment of females, Olokesusi launched an initiative called She Moves Shuttles, an all-female shuttle service. The project, supported by the Ford Motors Company in partnership with Global Water Challenge (GWC), has already impacted more than 600 female professionals by making their commuting easier.
Somto Ifezue
Age: 35 years
Company: PiggyVest
Industry: FinTech
Somto Ifezue is the Chief Executive Officer and co-founder of PiggyVest. Ifezue’s mission is to revolutionise how funds and finances are managed using innovative digital tools and PiggyVest was born. Ifezue and partners’ aim was to provide accessible and user-friendly financial solutions, particularly for the unbanked and underbanked. Under his leadership, the platform introduced features like automated savings and investment options, fostering financial literacy and inclusion. Ifezue who is known to be hands-on, has a vision for PiggyVest, which extends beyond traditional fintech services, while aiming to create a comprehensive financial ecosystem that supports users at every stage of their financial journey.
Shola Akinlade
Age: 39 years
Company: Paystack
Industry: FinTech
Shola-Akinlade is the Chief Executive Officer and co-founder of Paystack. Akinlade sits atop one of Nigeria’s leading fintech companies that has revolutionised payment processing for businesses across Africa. Under Akinlade’s leadership, Paystack grew popular amongst the youths and broke even when it was acquired by Stripe for $200 million, marking a significant milestone for African startups.
Chijioke Dozie
Age: 38 years
Company: Carbon
Industry: FinTech
Chijioke Dozie is the Chief Executive Officer of Carbon. Chijioke, who also sits as the company’s co-founder, has led the transformation of the company from a simple lending platform known as PayLater into a full-fledged financial services ecosystem, now known as Carbon. Under Chijioke’s leadership, Carbon has expanded its services to include digital payments, investments and personal finance management, driven by his mission to bridge gaps in Africa’s financial services sector.
Noah Ibrahim
Age: 33 years
Company: Novarick Homes
Industry: Real Estate
Noah Ibrahim is the Managing Director and Chief Executive Officer of Novarick Homes. The innovative entrepreneur has pitched his tent as an established realtor with a pie of the Nigerian Real Estate sector. He started off with footwear design and production as an entrepreneur before going on to found Sellerrand Realty Limited and later Novarick Homes, where he’s championing the emergence for the development of a smarter and greener community by leveraging renewable energy as an alternative source of power.
Abubakar Falalu
Age: 35 years
Company: FalGates
Industry: Agriculture
Abubakar Falalu, the Chief Executive Officer of FalGates, comfortably occupies a position on the list. Falalu runs a rice production and milling farm in Kaduna called FalGates which grows, processes, packs and sells parboiled rice across Nigeria. Falalu’s brilliance was first noticed in 2021 when FaLGates reported an annual turnover of $3.4 million. The company has since expanded with other productions while sharing business ideas and models with upcoming entrepreneurs.
Babs Ogundeyi
Age: 37 years
Company: Kuda
Industry: FinTech
Just a few years away from 40, Babs Ogundeyi, the Chief Executive Officer and co-founder of Kuda, has written his name in gold with footprints on the sands of Nigeria’s fintech sector. Under his wing, Kuda transformed from a startup into a leading digital bank, renowned for its innovative approach to banking. Just as many of his contemporaries, Ogundeyi tapped into the millions of Nigerian youths to get his first customers. Ogundeyi’s vision of creating a bank that prioritises accessibility, efficiency and customer satisfaction has driven the digital bank to an enviable height.
Femi Aluko
Age: 35 years
Company: Chowdeck
Industry: FoodTech
Femi Aluko is the Chief Executive Officer as well as the co-founder of Chowdeck. Aluko’s brilliance was brought to test when he co-founded Chowdeck, an on-demand food delivery service and marketplace where people can purchase their favourite meals from a wide range of restaurants and delivered to their doorstep. Unknown to many, Aluko had proved his mettle at Paystack before co-founding Chowdeck with a mission to ensure restaurants in Africa deliver meals to customers anywhere and anytime.
Ayobami Akindipe
Age: 28 years
Company: Aces Real Estate
Industry: Real Estate
With over a decade from turning 40, Ayobami Akindipe has positioned himself as one of the young and established Chief Executive Officers in Nigeria. The brain and founder behind Aces Real Estate, Akindipe’s foray into Nigeria’s real estate industry is marked by a unique blend of vision and determination. He started out at the young age of 13 as a bricklayer before working through the ladder to transition into a real estate agent at 21. At 29, he sits atop a fast rising real estate firm, Ace Real Estate Development LTD. Ayobami is one of the many inspiring stories of young African CEOs, who continue to shatter the ceilings of barriers to make a name for themselves in their chosen fields.
[TheNation]
‘That’s Not My Husband,’ wife of ex-Rivers HoS raises the alarm over his interview
Florence Nwaeke, wife of a former Head of Service in Rivers State, George Nwaeke, has called for help over the whereabouts of her husband following his resignation.
Speaking to journalists late Friday, she expressed fears for his safety, stating that she had been unable to reach him.
“When he got to Abuja, he called that he had landed. I said, ‘Thank God, ’” she said.

However, she said she later saw an online interview granted by her husband, which she found suspicious.
“I said, ‘That is not my husband. That is not my husband.’
“So I sent him a message. I said, ‘Are you under duress?’ I sent him a message. I said, ‘Have they kidnapped you? Talk to me now. Why are you not talking to me?’ This is the message I sent to him when I saw his interview online,” she said.
She added, “Oh, Jesus, help me. Nigerians, help me. My husband is in trouble. My husband is in trouble. My husband is in trouble. My husband is in trouble. Look at the message I sent to him. See the message I sent to him. I said, ‘Daddy, why? Were you in hostage?’ I said, ‘Why didn’t you talk to me?’ These are the messages I sent to him, but he didn’t reply to me. His numbers are not going through. Nigerians, help me! Nigerians, help me!”
Earlier, Nwaeke had accused suspended Governor Siminalayi Fubara of planning to back Bauchi State Governor, Bala Mohammed, for the 2027 presidency and of encouraging militants to attack oil facilities.
He also accused Fubara of ordering the bombing of the State House of Assembly in 2023 to prevent his impeachment.
Beyond raising the alarm in an interview with Channels TV, she also made a call to Fubara, pleading with him to help her husband.
“Governor, help me. My husband is in trouble. He is in trouble,” the woman said, claiming the husband resigned under duress.
However, Fubara dismissed the allegations, saying Nwaeke had been compromised.
“The truth is that Dr. Nwaeke has been compromised, and whatever he is saying is only aimed at fulfilling his promise to those who may have paid or coerced him to lie against me,” Fubara said in a statement he issued late Friday.
The governor also shared screenshots of alleged chats between Nwaeke and his Chief of Staff, Edison Ehie, in which Nwaeke reportedly sought financial support.
[Punch]
[OPINION] On Rivers: Letter to President Tinubu - Ugoji Egbujo
My dear president, Ramadan Kareem.
On your mandate, I stand, sit and sleep. The country now knows you can bark and bite. You are not all braggadocio and Tinubu dance. Even though you are a progressive, you can be as ruthless as Abacha.
In one fell swoop you sent an elected governor and house assembly packing. Then the NASS acted like a living rubber stamp in approving the proclamation. In a move reminiscent of a stepover in football, they out-maneuvered the Constitution. Some say it was roguery. I think it was routine political opportunism by a man of political timbre and calibre. Not worse than Trump. You are now the strongest president in Africa. You can be Paul Biya or Mobutu if you choose.
When you were a governor, you championed true federalism. You sought out Osinbajo so you could use his constitutional law acumen to check the excesses and incursions of the federal government. Those were the days of sovereign national conference. That was the format to fight Fulani hegemony. Old things have passed away. Now you are ‘the federal’, you are using Lateef Fagbemi to undermine true federalism. People say they can’t fathom you. They say you are not principled. Do they expect you to weaken your authority? This authority you dreamt of for over thirty years? They need to be patient.
They now call you a chameleonic dictator. These people should have looked beneath the surface to know that your brand of democracy is benevolent autocracy. Did you ever hide it? You were the only governor to force out two consecutive deputy governors. Total Babasopecracy. So they should stop calling you a chameleon. Did they see you practice internal party democracy in Lagos? You are a democrat with a benign autocratic philosophy; is that not so? You are a leopard. You have never changed your spots. Your spots are not made of chalk.
Talking about the constitution, do they think you don’t know there is no express provision of the constitution authorizing you to suspend a governor? Aren’t they aware you fought for the autonomy of local governments at the Supreme Court? Why can’t they use their tongue to count their teeth? Power is not donated. It is grabbed. Let them go to court. You can now remove any stubborn governor anytime you like and use voice votes to seal it. If any governor dares to remove a local government chairman, you can seize his funds. And if he tries anything, you remove him. The opposition parties thought they could hide under the constitution to build a coalition. Rivers is a strong message to all governors. If they do anyhow, they see anyhow.
Let them go to court. They don’t know that you can even disobey the Supreme Court. Is it because you promote the rule of law? After all, what can the Supreme Court do? You have the army, police and legislature. You have the traditional rulers and bishops and imams. You have the student union. You have contained the Labour union. If you can remove the governor and state legislature then why can’t you dissolve the supreme court in a time of emergency? Didn’t they hear the Attorney General define it as extraordinary measures? It’s called emergency powers. Didn’t Buhari say that state security had priority above the rule of law? They don’t know you are bigger than the courts.
Some of them are digging up old newspapers and tweets. They want to tell the whole world that their president is a blooming hypocrite who preached one thing in 2015 and 2013 and is doing the exact opposite in 2025. The worst the international community can do is to say that you don’t have integrity. But who has integrity helped? Is Trump better than you? The country comes before everything including integrity. Do they want you to remain an activist forever? President Jonathan and Obasanjo can cry all they like. They are doing aluta about. When you leave office, you will join them to preach constitutionality too. For now, it’s about 2027
2027 is around the corner. And the opposition thinks you can allow them to have Rivers to fund their operations. Haba, you are not as naive as Jonathan and Buhari. Baba, have you told Fubara he needs to use the six months well? To return himself to being a puppet, sorry, a good boy under the control of the honourable minister. How can an apprentice who has done ‘freedom’ declare himself oga overnight?
You had to stop Fubara; otherwise, he would have overwhelmed Wike and sent a message to other apprentices, like Sanwo Olu. It’s good you used the Obasa matter to make yourself very clear to that one in Lagos. You can’t play with your home structure. And that’s why these elders who come to you to make peace for Wike and Sim have to have their heads examined. Don’t they know you and Wike are comrades in godfatherism? Wike may be a small garrulous godfather with little emotional intelligence, but he is still a godfather. That political industry has to be protected from rampant breach of trust, no matter how illegal.
That brings me to the elephant in the room. You spent energy and resources to prevent the country from becoming a one-party state. Many critics are saying you are manipulating the country into a one-party nation. Many of them don’t think. In the spirit of benevolent autocratic democracy underpinned by the Babasope philosophy, if the country goes into a one-party state under your masterful watch, then isn’t that the best kind of democracy it can have? I expect your spokesmen to learn the spinning art.
The public needs to know that that is the best way to stabilize the polity. Thankfully, with the Rivers precedent, you need not tell other governors in the opposition to move into the ruling party. No, you don’t. They have got the message. If they don’t move, you move them without looking backwards. The lawmakers are like sheep. And they can’t be afraid of losing their seats after defecting. The Supreme Court has said only the speaker or senate president can declare a seat vacant. So once they are given some carrot and the promise of a ticket, they will all move and nothing will happen.
Some say the dangerous precedent you have set with Rivers will come to haunt you. Wasn’t that how they said the precedent you set in Lagos by handpicking your successors would haunt you in 2023? They don’t know you are Idan. You can eat your cake and have it. They are saying that a northern president coming after you may suspend the governor of Lagos for political reasons and appoint a sole administrator from Sokoto. I know you will resist it if it happens. Nobody can take Lagos from you. But who even told them you are leaving? Leaving to where? If these people can’t read your body language from Rivers’s proclamation, then they are lost.
The good thing about the Rivers action is that everybody has sat up. The police, INEC, and judges. They must have received the message. If you can remove a sitting governor, then shouldn’t they all be scared? So the opposition can forget about 2027. That ship has sailed. But I want you to think Lee Kuan Yew. Beni sir. He was there for thirty years. They won’t like the thought of it. But sick people don’t like injections. So, you have to arrange constitutional amendments in early 2028.
Apart from deleting term limits, you can just increase tenure to ten years. While amending, you can strip governors of immunity. So you can use the EFCC to control them. Seyi has told everybody you are the best president ever. So why change a winning team? You should be president like Paul Biya. Don’t worry about the intentional community, the EU isn’t troubling Paul Biya. Don’t worry baba, the plan will work. The governors will cooperate. After all, if they refuse, you can just declare a state of emergency in the
36 states. You can leave Abuja for Wike. Once you declare it, the NASS will approve with voice votes and you can appoint sole administrators in the entire country. With a mandate to maintain law and order, they can be there for many years. The governors know that Rivers has made you almost a sovereign. They won’t dare you. So they will cooperate and allow you to amend the constitution and stay in office for as long as you want in the interest of the country.
On your mandate, we must stand sir.
Why NBA faults state of emergency in Rivers – Wike
Minister of the Federal Capital Territory (FCT) Nyesom Wike has faulted the Nigeria Bar Association’s (NBA) stand that the declaration of state of emergency in Rivers by President Bola Tinubu was unconstitutional and illegal.
Wike alleged that the NBA discredited Tinubu’s decision because the Rivers Government had promised to host their annual general conference.
The minister stated this when officials of the Body of Benchers, led by its Chairman, Chief Adegboyega Awomolo (SAN), visited him in Abuja on Friday.
He added that the association did not support the declaration of the state of emergency because there would be no money to give to the NBA for the conference.
“What kind of hypocrisy is this?” he queried.
The minister called on the Body of Benchers to call the NBA to order over the association’s unnecessary criticism of the judiciary.
He said that the body should not sit and watch, while the NBA and its members destroy the legal profession.
He said that some of the members of NBA, often, without reading a judgement, go on national television to condemn the judgment and criticise the judges.
He said that such actions have continued with no sanction.
“If you don’t discipline somebody, nobody will learn any lesson.
“We shall no longer allow our profession to be pulled down. I cannot believe, as a lawyer, that you make a contribution to help the legal profession, and you will be criticised by your fellow lawyers.
“Sir, time has come that we need to say look, enough is enough. We cannot continue to discourage our judges and justices. It is not done anywhere.
“I have never seen where members of a profession are the ones that are bent on bringing the profession down,” he said.
The minister also accused the NBA of describing any support rendered by the executive arm of government to the judicial arm, as a bribe.
Wike recalled that, when NBA was building its National Secretariat, the leadership wrote to the executive for support, adding that nobody saw that as a bribe.
“I was the only one who contributed to the NBA to build the National Secretariat. The NBA didn’t see it as a bribe.
“When you contribute to the Body of Benchers, it is a bribe, but when you contribute to NBA it is not a bribe, they will take it.
“The same NBA will rely on state governments to sponsor their activities, but when the state government supports the judiciary it is bribery,” he added.
Wike said that the constant taunting of judges and justices had made them to avoid attending social gatherings or going to church or mosque for fear of molestation.
He added that judges could no longer shake people’s hands freely because lawyers would accuse them of collecting bribes.
“It has gotten to the stage that our Judges are so scared of going to a mosque or church or even greeting somebody they know because of fear of bribery.
“They run away from shaking people’s hands because they will start accusing them of collecting bride. This must stop,” he said
[Vanguard]