The common stereotype is that African politics is a fast track to riches. Corruption scandals across the continent reinforce that perception. But there’s another side to the story: a select group of African leaders who amassed vast fortunes well before stepping into government.

They weren’t climbing into office to get rich—they were already among the wealthiest individuals in their nations, with fortunes ranging from tens of millions to billions of dollars.

These men and women made their money in industries as varied as mining, telecoms, banking, brewing, cotton, oil services, and logistics. Forbes and Forbes Afrique have tracked some of their net worths, offering rare glimpses into their fortunes before politics. …click link for full details here 

Former President Goodluck Jonathan is looking more likely to run against President Bola Tinubu in the 2027 elections.

Recent events in the political scene are fueling this possibility.

On Thursday, Peter Obi, a former presidential candidate from the Labour Party, had an important and private meeting with Jonathan in Abuja. Click link to continue reading.

The Peoples Democratic Party and the Labour Party have ruled out dropping names and party structures for the 2027 general election, but would

Fubara would not be able to make any decision

A former governorship candidate for the All Progressives Congress (APC), Tonye Cole, has responded to the ongoing political crisis in Rivers State.

Cole explained what he anticipates will happen to the suspended governor, Sim Fubara, when he eventually returns to office.

Additionally, the APC chieftain shared what actions he would take regarding the FCT minister, Nyesom Wike, if he were in Fubara’s shoe. …click link for full details

Legit reports that Fubara, who was suspended by President Bola Ahmed Tinubu for six months is expected to return to office on Thursday, September 18, 2025.

Cole said Fubara would not be able to make any decision when his suspension is eventually lifted without interference.

The APC chieftain said Fubara would find himself in a difficult situation in running the affairs of the state. He stated this while speaking on Channels Television’s

The Morning Brief on Wednesday, September 17, 2025. The co-founder cried out, stating that Fubara would not be able to exercise his full authority as the governor of the oil-rich state.

“We cannot be in a situation where we have an elected governor of a state, like Rivers State, which is a very critical state not just for the people of Rivers but Nigeria as a whole, and what you then see is that you have an elected governor that has zero powers.

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“I don’t think it portends well at all. It’s extremely difficult, and I think the governor will be finding himself in a very difficult situation” Cole advised Fubara to reach out to the Federal Capital Territory (FCT) minister, Nyesom Wike, and agree on how he can make certain decisions in the state.

“What I would do if I were him would be to now sit down with the honourable minister and appeal for some leeway to allow certain decisions to be taken by me as governor, and others to be taken by him, whatever peace agreement they had.”

As we approach the 2027 presidential elections, the possibility of former President Goodluck Jonathan positioning himself as a formidable challenger against the current President, Bola Tinubu, is gaining traction.

This shift in the political landscape is bolstered by recent events that suggest a strategic realignment among key political figures. Click link to continue reading.

Notably, Peter Obi, the former presidential candidate of the Labour Party, recently held a crucial and discreet meeting with Jonathan in Abuja. This gathering has raised eyebrows and sparked speculation about potential collaborations or endorsement scenarios leading up to the elections.

Should Obi choose to withdraw in favor of Jonathan, two significant outcomes could arise. First, Jonathan’s experience and recognition as a former president could galvanize support from a broader spectrum of voters, potentially positioning him as a strong contender against Tinubu. Second, such a move would indicate a willingness among prominent political figures to unify against a common opponent, which could reshape the dynamics of the race and influence the strategies of other candidates.

As we analyze these developments, the political implications surrounding the 2027 election continue to evolve, inviting further scrutiny and conversation about the future of Nigeria’s political landscape.

Recently, the former presidential candidate of the Labour Party, Peter Obi, engaged in a significant and discreet meeting with Jonathan in the heart of Abuja.

“Today in Abuja, I had the privilege of meeting my esteemed elder brother, a distinguished statesman, and leader, former President Goodluck Jonathan @GEJonathan. Our closed-door discussion was fruitful, centering on the pressing issues facing our beloved nation,” he stated.

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An insider, speaking on the condition of anonymity, revealed that influential political figures across the country are keenly interested in seeing Jonathan run for the presidency in 2027, urging Obi to consider stepping aside for the former president.

As Obi contemplates addressing his passionate Obidient Movement, various proposals are being considered, should both factions find common ground.

The source added that Jonathan might choose to align himself with a prominent candidate from the northern region, potentially selecting either Rabiu Kwankwaso or Bala Mohammed as his running mate.

In the meantime, the PDP Governors’ Forum, under the leadership of Governor Bala Mohammed of Bauchi State, has formally endorsed Shekarau as the consensus national chairman in anticipation of the party’s convention slated for November 15 and 16 in Ibadan, Oyo State.

This strategic move has garnered support not only from Jonathan but also from Peter Obi, who, during their recent discussions in Abuja, expressed solidarity with the PDP’s goals.

A close associate of both leaders noted that they swapped insights regarding the political landscape as it shapes up for 2027, commending Mohammed’s efforts to stabilize the PDP and steer it away from the betrayals that have marred its reputation in recent years.

For Obi to accept such condition, according another source, there must be three important appointment that will come directly from him if all plans work in 2027.

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Warnings are emerging that a new political showdown may soon erupt in Lagos State, pitting Governor Sanwo-Olu against Assembly Speaker Mudashiru Obasa. The unresolved tensions between these two influential figures suggest that the battle for supremacy is far from over.

Reports indicate that the Speaker, emboldened by a perceived directive from the executive, is contemplating a bold move to confront the governor. The air is thick with anticipation as these political rivals seem poised to clash once more, each determined to assert their dominance in the state’s power dynamics.

Another Executive-Legislative showdown is brewing in Lagos State as the House of Assembly under the speakership of Mudashiru Obasa today asked the State Governor, Mr Babajide Sanwo-Olu to withdraw appointment letters to appointees who are yet to be “cleared by the Assembly.”

It is a public knowledge that Obasa and Sanwo-Olu are not on good terms. This was believed to be one of the reasons behind Obasa’s recent removal.

However, the speaker managed to secure the backing of the “powers that be,” who facilitated his return as speaker.

At plenary on Tuesday, lawmakers angrily reacted to what they described as “the growing practice of political appointees assuming office without the constitutionally required confirmation of the House.”

Obasa said the development was a direct challenge to legislative authority, warning that it “tests the powers of the House.”

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He held the Head of Service responsible for issuing appointment letters without legislative clearance and announced that the official will be summoned to explain.

Obasa further urged the Governor to withdraw all letters issued to appointees yet to be screened.

This follows a motion titled “Need for Government Appointees to appear before the House for Confirmation.”

Hon. Setonji David, Deputy Chief Whip, cited Sections 126 & 198 of the 1999 Constitution, stressing that no public officer should assume office without legislative screening, warning that such actions undermine separation of powers and weaken accountability.

Hon. Desmond Elliot called the development “an insult to the House,” insisting that no appointee or institution should defy Lagos laws.

Hon. Sa’ad Olumoh noted that some agencies operate without legal frameworks, which erodes due process in a state built on the rule of law.

Hon. Stephen Ogundipe reminded all aspiring public officers that confirmation is not a mere formality but a safeguard to ensure competence, integrity, and good character.

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Hon. Kehinde Joseph demanded sanctions for repeated constitutional breaches and urged that any funds spent by unconfirmed officers be refunded to government coffers.

Hon. Rasheed Shabi condemned the lack of respect for legislative authority, describing the issuance of appointment letters without confirmation as a direct affront to the Constitution.

The Speaker directed the Clerk of the House, Barr. Olalekan Onafeko, to forward the Assembly’s resolution to the Governor for immediate action.