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kunle·Politics· Aug 12, 2026

Morning Brief: Tinubu’s $50bn Offshore Plan, Osun Election Tensions and Other Top Stories

Morning Brief: Tinubu’s $50bn Offshore Plan, Osun Election Tensions and Other Top Stories

Here are the leading headlines in today’s edition of TheMatrix Newspapers. President Bola Tinubu has approved a framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments. The plan is expected to revive long-delayed projects, strengthen local supply chains and create jobs. Other major stories include the escalating Osun governorship election dispute involving Governor Ademola Adeleke and former governor Olagunsoye Oyinlola, the rollout of the National Payment Stack, and calls for Senator Francis Fadahunsi to be investigated over alleged inflammatory remarks. Also featured are the CBN’s regulatory sandbox for stablecoin and virtual-asset operators, the Oyo inquiry into the Oriire school abduction, military salary payments, Funke Akindele’s response to a death rumour, and Donald Trump’s backing of FIFA president Gianni Infantino.

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