Today’s breaking news in Nigeria, Thursday, August 6, 2026: EFCC freezes Osun State Government accounts over alleged N11bn fund mismanagement, 176 kidnap victims regain freedom in Kwara, and Dangote Refinery slashes petrol price to ₦1,165 per litre.
National Politics & Governance
EFCC freezes Osun accounts
Ten days to the Osun governorship election, EFCC froze state government accounts linked to First Bank, citing investigations into alleged mismanagement of ₦11bn ecology and intervention funds. The Osun government has threatened legal action, calling the move unlawful.
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Makinde & Obi criticize leadership
Oyo Governor Seyi Makinde and NDC presidential candidate Peter Obi flayed Nigeria’s governance crisis, urging pragmatic reforms.
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Tinubu reforms credited
The Presidency says Tinubu’s reforms are responsible for strong corporate performance despite grassroots hardship.
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Economy & Business
Dangote price slash
Dangote Refinery cut petrol ex‑depot price from ₦1,215 to ₦1,165 per litre and diesel from ₦1,650 to ₦1,570, aiming to ease energy costs.
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Naira weakens
The naira fell to ₦1,410/$1 in the parallel market and ₦1,368.5/$1 in the official market, reflecting continued FX pressure.
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Kwankwaso backs bishops
Former Kano Governor Rabiu Kwankwaso aligned with Catholic bishops, demanding urgent action on economic hardship and insecurity.
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Security & Civil Society
176 kidnap victims freed
After six months in captivity, 176 residents abducted in February’s terrorist attack on Woro and Nuku communities in Kwara State regained freedom.
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Army declares ISWAP leaders wanted
Two senior ISWAP commanders, Abu Musa Al‑Mangawi Baa Shuwa and Amirul Jaish Muhammad Jidda, have been declared wanted following intelligence operations in Lake Chad.
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- Sultan demands probe
The Sultan of Sokoto called for a full investigation into the killing of senior army officer Col. Abdussalam Ude, condemning hostility against Igbo Muslims.
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Global Affairs
- WAEC results withheld
WAEC withheld results of 167,486 candidates over alleged malpractice in the 2026 computer‑based WASSCE.
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- Ooni supports Igboho
Ooni of Ife donated ₦100m and a Hilux vehicle to Sunday Igboho’s Iru Ekun Security Network.
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- PFIPC scandal deepens
Adeniyi Adeyemi, accused of running a fake government agency, rejected secret interrogation by lawmakers, insisting on public questioning.
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📌 Quick Takeaway
- Domestic: EFCC freezes Osun accounts; Makinde & Obi demand reforms.
- Economy: Dangote slashes petrol price; naira weakens further.
- Security: 176 kidnap victims freed; Army declares ISWAP leaders wanted.
- Global/Other: WAEC withholds 167k results; Ooni backs Igboho’s security network.
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