
Nigeria's Pipeline Crisis Will Worsen Under the President's Power Grab
When a state of emergency was declared in parts of Nigeria in 2013, Bola Tinubu, then a fiery opposition leader, was apoplectic. He condemned the declaration by former President Goodluck Jonathan as a 'ploy to subvert constitutional democracy' and warned it was 'a potentially destructive path to take.'
Now, as president, Tinubu's words have come back to bite him. Hours after the March 18 explosion on the Trans-Niger Pipeline — imperiling the 245,000 barrels of crude oil and condensates it transports daily — in Rivers State, Tinubu declared a state of emergency in the richly endowed ' oil capital ' of the country. He suspended the governor, his deputy and all lawmakers for six months and installed a retired vice admiral as caretaker of the region. Echoing Tinubu's words from 12 years ago, the Nigerian Bar Association condemned the declaration as ' an assault on democracy ' and said it violates Section 305 of the constitution, which outlines strict conditions for emergency rule. Former Vice President Atiku Abubakar said ' it reeks of political manipulation and outright bad faith.'

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Axios
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Yahoo
4 days ago
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Posts falsely claim IMF ranked Nigeria as fourth fastest-growing economy in 2025
'BREAKING: Nigeria ranked as the 4th fastest growing economy in the world by IMF reports,' read a post shared on Instagram and liked more than 400 times. The post, dated April 30, 2025, includes a graphic charting the economic growth projections of various countries, including India, China, the United States and the United Kingdom. The data in the chart, titled 'Fastest Growing Economies in 2025' and featuring the logo for an entity called 'Trade Brains', is credited to the IMF. The chart shows the projected growth rate of the gross domestic product (GDP) – a key measure of economic performance – of 12 countries in descending order, with India the highest at 6.2 percent. Nigeria appears in fourth place with projected GDP growth of 3 percent. The same graphic has also appeared in dozens of other posts on Instagram and Facebook, including a verified account belonging to Nigeria's National Orientation Agency. However, the claim that the IMF has projected Nigeria's economy will be the fourth fastest-growing economy in the world is false. AFP Fact Check traced the chart's source to the Instagram page of Trade Brains, an Indian financial news blog. The Trade Brains post, published on April 27, 2025, poses the question: 'Can Indian GDP reach new heights?' It cites IMF projections, which are released in a biannual report called the World Economic Outlook. The latest version of the report, which covers 191 countries, was published in April 2025 (archived here). In the report, the IMF projects Nigeria's economy will grow by 3 percent in 2025. This is correctly depicted in the chart by Trade Brains, as are the figures listed for the other 11 countries. However, the Trade Brains graphic represents a tiny sample of the IMF's global GDP projections and gives the misleading impression that India tops the pile. In fact, it predicts that the economies of several dozen countries will grow faster than India and Nigeria (archived here). These include Libya (17.3 percent), with the biggest growth, followed by Guyana (10.3 percent), Senegal (8.4 percent), Guinea (7 percent) and Rwanda (7 percent). This growth is calculated in percentage of the country's GDP, not in overall monetary amounts. In 2023, Tinubu declared an end to the petrol subsidy on his first day in office and freed up the naira currency, changes that government officials and analysts say will revive the economy and attract investors. Meanwhile, the population is suffering the harsh effects of these policies, which have set inflation at a three-decade high while the cost of living has soared (archived here). AFP Fact Check previously debunked claims about Nigeria's relationship with the IMF here, including one that Nigeria is now debt-free.