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President Tinubu presidential pardon can damage investors’ confidence – CPPE
The Centre for the Promotion of Private Enterprise, CPPE, has said President Bola Tinubu’s recent presidential pardon can damage investors’ confidence in Nigeria.
The Centre noted that a situation whereby persons convicted of economic and financial crimes benefit from the presidential pardon raises questions about policy consistency, contract sanctity, and investment security, thereby discouraging both domestic and foreign investors.
CPPE Chief Executive Officer, Dr Muda Yusuf, raised the concern in a statement on Sunday.
According to the economic think-tank, while the prerogative of mercy is a legitimate constitutional instrument, its application to serious economic and financial offences and other criminal acts demands utmost discretion, transparency, and alignment with Nigeria’s commitments to anti-corruption campaign, drug control and the sanctity of human life.
CPPE urged the Federal Government to urgently review and rationalise the list of beneficiaries of the presidential pardon.
“Reaffirm Nigeria’s zero-tolerance position on corruption, drug trafficking, illegal mining, and financial crimes; uphold institutional integrity and ensure that justice is never compromised for convenience or political expediency; and strengthen transparency and accountability in the exercise of executive clemency to safeguard public confidence and investor trust.
“Nigeria’s aspiration to build a competitive, diversified, and globally respected economy rests on the credibility of its institutions and integrity of its governance. The perception of weak sanction regimes towards economic and financial crimes is incompatible with this goal.
“To preserve investor confidence and social stability, government must demonstrate unwavering commitment to accountability, effective consequence management and the rule of law. The credibility of Nigeria’s economic reform and investment promotion drive depends largely on it,” CPPE stated.
Recall that on October 11, 2025, the Presidency released the names of 175 persons granted clemency, including illegal miners, drug traffickers and kidnappers.
Tinubu’s decision had triggered public outrage and condemnation.
Meanwhile, a statement from the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, clarified that the list of those pardoned is subject to review.
The Confederation of African Football (CAF) has announced Morocco as winners of the 2025 Africa Cup of Nations.
The CAF Appeal Board ruled in favour of Morocco, declaring that Senegal forfeited the AFCON final by walking off the field during the game.
Morocco were awarded a 3–0 walkover victory.
This decision upholds Morocco’s appeal following the chaotic events in the match.
DAILY POST recalls that the Senegal team briefly walked off the pitch in protest after a controversial penalty was awarded to Morocco late in regulation time.
They were called back to the field by their captain, Sadio Mané, and later won the game 1–0.
CAF determined that this action constituted a violation of Article 84, or the equivalent regulations concerning refusal to play or abandoning the field.
Under AFCON rules, a team that refuses to continue playing or leaves the field without authorization faces elimination and forfeiture of the match.
A total of three operatives of different security agencies in Anambra State collapsed during the inauguration of Anambra State Governor, Prof Chukwuma Soludo, on Tuesday.
The incident happened during the parade at the Dr Alex Ekwueme Square in Awka.
The three operatives are one male police operative, another male operative of the Directorate of State Services (DSS) and a female operative of the Nigeria Security and Civil Defence Corps, NSCDC.
The police operative collapsed first, followed by the NSCDC operative, who slumped towards the end of the event and was later escorted to an ambulance, after she refused to be moved in a stretcher.
A source said the police operative was later resuscitated, but was still not stable, and was taken in an ambulance to Chukwuemeka Odumegwu Ojukwu University Teaching Hospital, Amaku Awka.
The collapse of the service officers was attributed to fatigue and the long period of parade under harsh sunny weather.
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