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Thursday, 28 May 2026

IVANKA’S ASSASSINATION ATTEMPT IS IRAN’S TROJAN HORSE TO TRUMP!

   ZION B-BC
 NEWSLETTER.   
 
 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 15. NO 656: 17th May, 2026} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
 

IVANKA’S ASSASSINATION ATTEMPT IS IRAN’S TROJAN HORSE TO TRUMP!


While negotiations progressed on peace deal between US and Iran to broker permanent peace for international vessels to navigate the Strait of Hormuz, assassins bullets hit the precincts of the White House to eliminate Donald Trump’s daughter Ivanka! Could this be Iran’s strategy to prolong the already very frustrating war that has virtually brought the whole world to its economic knees? Federal authorities on Friday 22nd May 2026, accused an Iraqi national with alleged ties to Iran’s Islamic Revolutionary Guard Corps of plotting to assassinate the president’s daughter as retaliation for the 2020 U.S. drone strike that killed Iranian Gen. Qasem Soleimani. 
According to the Times of Israel, the suspect, 32-year-old Mohammad Baqer Saad Dawood Al-Saadi, was reportedly arrested in Turkey earlier this May, before being extradited to the United States Authorities allege he coordinated or supported multiple attacks tied to Iran-backed militant networks across Europe and North America.
However, in what seems like an irony of events, Iranian authorities recently staged massive PUBLIC WEDDING CEREMONIES across Tehran for couples enrolled in the state-sponsored “Jan-Fada” (Self-Sacrificing) initiative. The events, which took place in several major squares—including Imam Hossein Square—featured hundreds of couples who pledged their readiness to defend the country during ongoing regional conflicts.


MISSION TO ELIMINATE FATHER AND DAUGHTER?

The alleged plot coincided with yet another alleged assassination attempt on President Donald Trump that weekend. The White House briefly entered lockdown the evening of 22nd May after multiple bursts of gunfire were heard near the executive complex, sending reporters, staff and Secret Service personnel scrambling for safety during the chaotic scene captured live on television and social media.

STRATEGIC IMPORTANCE OF STRAIT OF HORMUZ TO GLOBAL ECONOMY!
 According to Wikipedia, “The Strait of Hormuz” is a vital global chokepoint between Iran and Oman, linking the Persian Gulf with the Gulf of Oman.

1) It’s geographic location makes it the ONLY SEA PASSAGE for the vast majority of oil and natural gas exports from major producers like Saudi Arabia, Iran, the UAE, Qatar, and Kuwait.
2) It Is an Energy Transit: Approximately 20% to 25% of the world’s seaborne oil trade and 20% of liquefied natural gas (LNG) pass through the STRAIT daily.
3) A Global Fertilizer Route: Over 30% of globally traded urea and other fertilizers sourced from the Gulf region pass through the strait, making it critical for global food security.
4) An Economic Vulnerability:
 Because of its narrow width of just 39 kilometers (21 nautical miles), this waterway is highly susceptible to geo-political conflict, embargoes, and military blockades, which can trigger immediate spikes in global energy and commodity prices. 


REUTERS RESEARCHED REPORT.

Following through on an old threat, Tehran effectively closed the strait after U.S.-Israeli strikes on Iran began on 28th February 2026.
During the standoff over the Strait, Iran threatened to charge fees on ships passing through.
No such unilateral move to demand fees to traverse a strait has been made in modern history, shipping industry officials said, while U.S. President Donald Trump has hinted that free traffic of oil through the Strait MUST be part of any peace deal.


WHY IT MATTERS FOR OIL, GAS, JET FUEL AND FERTILISERS

About a fifth of the world’s oil and liquefied natural gas (LNG) supplies normally pass through the strait, which is the only sea exit for the fuels from key exporting countries.
Organization of Petroleum Exporting Countries (OPEC), members Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq export most of their crude via the waterway.
Qatar, among the world’s biggest liquefied natural gas exporters, sends almost all of its LNG through the strait, while analytics firm Kpler estimates about 33% of the world’s fertilizers including sulphur and ammonia, pass via the strait.
Traffic has dropped by 97% since the U.S.-Israeli War against Iran began on February 28th 2026, United Nations data shows.
Daily shipping traffic through the Strait of Hormuz fell to less than 10% of its historical average after the start of the U.S.-Israel war.
Oil prices, Brent and WTI, have surged nearly 50.8% and 68.5%, respectively, since late February, when Middle East tensions disrupted the Strait of Hormuz, a key oil shipping corridor.


LONG HISTORY OF TENSIONS OVER THE STRAIT

When a Commander in Iran’s Islamic Revolutionary Guard Corps warned in 2011 that cutting off the Strait would be “easier than drinking a glass of water”, the threat to the Strait had already been made many times before.
During the 1980 to 1988 Iran-Iraq War, the two sides sought to disrupt each other’s exports in what was called the Tanker War.
And in January 2012, Iran threatened to block the strait in retaliation for U.S. and European sanctions.
 In May 2019, four vessels – including two Saudi oil tankers – were attacked off the UAE Coast, outside the Strait of Hormuz.
Three vessels, two in 2023 and one in 2024, were seized by Iran near or in the Strait. Some of the seizures followed U.S. seizures of tankers related to Iran.
Last year, Iran considered shutting down the strait after U.S. attacks on its nuclear facilities.
But analysts had always regarded the closure of the strait as a measure of last resort because of the long-term strategic changes it might prompt among Iran’s enemies, and the potential for retaliation against its own energy sector.


WHY IS THE STRAIT SO HARD TO SECURE?

The shipping lanes are narrow and ships must make a turn opposite Iranian islands and a mountainous coast that provides cover for Iranian forces, shipping broker SSY Global said.
Although Iran’s Navy has largely been destroyed, the Islamic Revolutionary Guard Corps has options including fast attack craft, mini submarines, mines and even jets packed with explosives, said Tom Sharpe, a retired Royal Navy Commander.
And Tehran has the capacity to produce around 10,000 drones a month, according to the Centre for Information Resilience.


ARE THERE ANY ALTERNATIVES TO THE STRAIT?

The UAE and Saudi Arabia have sought to find ways to bypass the Strait by building more oil pipelines. But those are not currently operational and an attack on an east-west Saudi pipeline by Houthi militia in 2019 showed those alternatives were also vulnerable.
Qatar’s Foreign Ministry said all countries in the region have the right to use the Strait freely and any talks on future financial mechanisms should wait until after it is reopened.
While the Strait has been closed, shipping firms have had to find alternative routes for some basic goods. For example, ensuring a shipment of timber reached Qatar required rerouting overland through the UAE.


WHAT DOES INTERNATIONAL LAW SAY?

The UNCLOS Maritime Convention governing international sea law, which was adopted in 1982 and has been in force since 1994, says, “states bordering straits cannot demand payment simply for permission to pass through.”
However, they can impose limited fees on ships for services such as piloting, tugging or port services, though these may not be levied more heavily on vessels from any particular countries.
Article 38 of the UN Convention on the Law of the Sea, sometimes known as UNCLOS, provides vessels a right of unimpeded “transit passage” through more than 100 Straits worldwide, including the Strait of Hormuz.
Around 170 countries and the European Union have ratified UNCLOS. But Iran and the United States have not.
This raises the question of whether the Treaty’s rules affording freedom of maritime navigation have become part of customary international law, or bind only ratifying countries.


TRUMP SPEAKS FROM BOTH SIDES OF HIS MOUTH!

President Donald Trump has suggested the sides are close to an agreement but said a US blockade on Iranian ports will continue until a deal is reached.
Both countries are signaling progress in efforts to resolve the war but crucial details are still under negotiation and a deal is not expected to be signed soon, a senior US official told CNN.
President Donald Trump has indicated an agreement is close but cautioned the US won’t rush into a deal because specific terms surrounding the Strait of Hormuz and Iran’s nuclear program will be critical.
 Tehran has committed in principle to reopening the Strait and to disposing of its stockpile of highly enriched uranium, a senior US administration official said but negotiators are still ironing out details on sanctions relief and unfreezing Iranian assets.
 If a deal is reached to end the war and reopen the Strait, it will be a lengthy and complex process to alleviate the world’s energy crisis and start lowering prices for consumers.


ADDENDUM.
 
ALL PARTIES OF THE CONFLICT SHOULD STUDY THE BIBLICAL BOOK OF SAINT MATTHEW CHAPTER 24 AND GET READY FOR DIVINE JUDGEMENT!

 [EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, The Wedding Mascot Died, and Comfort the weeping Gaza Child!


If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

Tuesday, 19 May 2026

MR. “GO TO COURT” IS BOASTING OF SECOND TERM!

   ZION B-BC
 NEWSLETTER.   
 
 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 15. NO 655: 10th May, 2026} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
 

MR. “GO TO COURT” IS BOASTING OF SECOND TERM!

He sailed through without “JAMB Cut off Mark” in 2023 and in spite of his abysmal and very despicable performances in Three Years, he has the effrontery to boast that he would win a second term without sweat in 2027!
The Joint Admissions and Matriculation Board “Cut Off” mark for Nigerian Politicians is at least 50% of total votes cast, but Bola Ahmed Tinubu (BAT), scored 36.5% and was adjudged the undisputable winner by the Apex Court headed by Chief Justice Oluwakayode Ariwoola, GCON, 2022-2024!

BOLDNESS FOR BAT’S BOASTING:

1.  Power of incumbency!
 As of May 2026, President Bola Tinubu has strongly reaffirmed his intention to seek a second term in the 2027 general elections, emphasizing his resilience and political experience while dismissing opposition efforts.
Reports indicate that Tinubu is leveraging the significant advantages of incumbency and building early political momentum through endorsements from party leaders, governors, and various coalition groups.

2. “Stubbornness” On 29th April 2026, Tinubu stated, “They tried to get rid of me, but I refused to go. I am a very stubborn politician… I will campaign for my second term, and I will win”
He has totally forgotten that the deciding factor in any Election is the ELECTORATE – neither stubbornness nor wealth!
 HE SHOULD LEARN FROM THE BILLIONAIRE CUBANA PRIEST WHO RECENTLY LOST IN THE PRIMARIES TO THE FEDERAL HOUSE OF REPRESENTATIVES!

3.  Control over Federal Structures Including The Treasury Single Account (TSA):
Analysts and reports highlight his control over federal structures/institutions, the APC party machinery, and the support of APC governors as key components of his incumbency power.

4.  Party Endorsements:
With 31Governors in the kitty of the ruling All Progressives Congress (APC), it seems fait accompli that State leadership along with State-level chapters, will actively rally behind his 2027 inordinate ambition!

 5. Strategic Early Campaigns.
In spite of constitutional breaches, a coalition of over 1,500 groups is planning a national convention to endorse him, while campaign groups are already mobilizing for the 2027 election.

6.  Focus on Reforms.
Could the arbitrary vituperation of “fuel subsidy is gone”, by a power-drunken conceited man on the day of his investiture and the un-economically merger of the Foreign Exchange regime be adjudged as Social Reforms?
But Tinubu’s team argues that his controversial economic reforms, such as fuel subsidy removal and foreign exchange unification, require a second term for full implementation, despite causing short-term economic pain.
Could any citizen in his right frame of mind describe FOUR YEARS of suffering, deprivation and depravation as “short term economic pain”?

7.  What About Insecurity Concerns!
In his abysmal Three Years of administration, not less than 2,000 Nigerians have been murdered by local/foreign terrorists, insurgents, kidnappers, gun men, armed herdsmen etc, according to Amnesty International, Nigeria (AI), in the midst of high living costs that could pose major threats to his re-election prospects!

8.  The Guardian Nigeria News 2027.
9th May 2026 — …Killings escalated in Borno, Plateau, Benue, Zamfara, Niger, others. Escalating insecurity across Nigeria is emerging as a major albatross to Tinubu’s desperate bid.

ADDENDUM.
NEWS REPORT: President Bola Tinubu Returns to Lagos After Concluding Three-Nation Trip - Friday 15-05-25.
President Bola Ahmed Tinubu has departed Kigali, Rwanda, for Lagos, after wrapping up a three-nation diplomatic trip that took him to France, Kenya, and Rwanda. Summit. 
 In France, Tinubu attended the Africa–France Summit 2026, where discussions focused on strengthening economic ties, security and foreign investments.
WE thought he would focus mainly on the Economy and how to attract FDIs but he veered off to BEG AGAIN FOR LOANS!
AND WHEREAS:
Nigeria's 2026 total public debt profile stands at ₦159.28 trillion ($110.9 billion). 
The debt stock comprises ₦84.84 trillion in domestic debt and ₦74.42 trillion in external debt. The debt-to-GDP ratio is projected at 32.3%, while the country plans to spend ₦15.8 trillion ($11.6 billion) on debt servicing in 2026. 
The country faces severe fiscal strain due to surging debt servicing costs that consume nearly half of government revenue. 

2026 DEBT SERVICING BURDEN 
PROJECTIONS ACCORDING TO BUSINESS NEWS, NIGERIA.

The government is projected to spend approximately $11.6 billion (or about ₦15.8 trillion) on debt servicing.
This allocation represents nearly half of the anticipated government revenue for the year, leaving limited funds for critical infrastructure, social programs, and public services. 
EXTERNAL DEBT has reached a record high of roughly $51.9 billion, largely driven by foreign currency devaluation while;

DOMESTIC DEBT: The nominal figure in Naira has surged significantly over the past year, driven by both continued borrowing and the securitization of Central Bank overdrafts. 
NB. All of the above analysis and figures have been confirmed by the Government’s National Bureau of Statistics (NBS) on their official portal.

FRESH BORROWINGS BY TINUBU DURING HIS FRANCE/AFRICA TOUR!

He has secured approval for fresh external loans in unspecified billions of dollars as World Bank Facility of which process is ongoing, and others also in billions which would require legislative approval.
There is also in the pipeline millions of dollars request for external loan to fund the Sokoto-Badagry highway. 
In addition, billions of dollars are being initiated through First Abu Dhabi Bank to be structured as a total return swap to fund budget implementation and refinance existing debt.
There are also Citibank / UK Export Finance targeted for billion-dollar for the rehabilitation of the Lagos and Tincan Island port complexes and the 
Deutsche Bank million-dollar loan requested for the construction of the Sokoto-Badagry super highway.

According to TVC News Nigeria, these recent commitments form part of a broader external borrowing plan that has faced mounting scrutiny from critics and economists.
THE ONLY SOLUTION TO NIGERIA’S ECONOMIC QUAGMIRE IS THE IMMEDIATE INTRODUCTION OF A ONE-HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH REFERENDUM!

It’s not too late for Tinubu to repent and stop BOASTING – GOD HATES THE PROUD!

“What ever has a beginning MUST surely have an end.!”


 [EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, The Wedding Mascot Died, and Comfort the weeping Gaza Child!
If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

Sunday, 10 May 2026

OIL WINDFALL MUST NOT BE DEPLOYED FOR SECOND- TERM PRESIDENTIAL CAMPAIGN!

   ZION B-BC
 NEWSLETTER.   
 
 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 15. NO 654: 3rd May, 2026} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
 
OIL WINDFALL MUST NOT BE DEPLOYED FOR SECOND- TERM PRESIDENTIAL CAMPAIGN!


The substantive Minister of Petroleum Resources and Commander-In-Chief of the Nigeria’s Treasury Single Account ( TSA), is abroad on official duties which may NOT INVOLVE MORE EXTERNAL BORROWINGS due to the NGN 5.13 Trillion Naira Oil Windfall which accrued to Nigeria when One barrel sold for over USD$100 dollarsl at the peak of the US-IRAN War  which broke out since 28th February 2026!
He traveled with his newly-appointed Minister of Finance Taiwo Oyedele who was in the  ROOM when he met with Foreign Direct Investors (FDIs), who gave him special audience in Paris, France during the first leg of the visit that began early May and would last till 15th day of the same month.
Taiwo Oyedele became the Minister of Finance and Coordinating Minister of the Economy in Nigeria following a cabinet reshuffle, succeeding Mr. Wale Edun, and assumed office on 23rd April 2026.
 Before his appointment, he was the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform. He is an economist, accountant, and fiscal policy expert who previously served briefly as the Minister of State for Finance. .
While initial reports indicated that  EDUN’ was sacked on the 21st May, 2026,  the Presidency later clarified that he resigned due to health reasons on his 70th birthday.

WALE EDUN’S NEVER TO BE FORGOTTEN DAVOS EXPERIENCE!

Davos, Switzerland’s World Economic Forum (WEF), 19th -23rd January 2026, will remain a terrible life-long nightmare to Wale Edun, the sacked Minister of Finance who refused to quit when the ovation was loudest!
Before Davos, he was in London for an official assignment which he could not fulfill due to ill health but through diplomatic cover-up was said to be on holiday!
Then came another dangling “Carrot” – (perk of office), through Davos which could neither be wished away nor deputized!
But there was a very stubborn female Bloomberg TV Correspondent who caught him by the jugular with barrage of questions on Nigeria’s Economy which burst his bubbles! 
For instance, the analogue Minister opined that global shift towards “Multilateralism and Globalization” would impact Nigeria negatively whereas the country stands to benefit immensely through the economic innovation! (Ref. Our Vol. 15. No. 639 of 18th January 2026 Edition for details).
Edun knew he was no longer relevant in modern international finance strategy but selfishly embarrassed Nigeria at the forum - whereas there were several very capable and qualified idling hands in the Finance Ministry!

TINUBU WILL REMAIN ABROAD UNTIL THE MIDDLE OF MAY 2026!

President Bola Tinubu departed Abuja on Saturday, 2nd May, 2026 on a visit to Kenya, Rwanda and France.
He was still in France, as at the time of this publication on 10th May 2026, after which he will depart for Nairobi, Kenya, to attend the Africa-France Summit scheduled to begin in the new week.
President Emmanuel Macron and President William Ruto, will co-chair the summit which will focus on energy transition, green industrialization, digital transformation, restructuring of global financing architecture, and climate action.
President Tinubu’s participation at the Kenyan Summit with the theme: Africa Forward: Africa -France Partnerships for Innovation and Growth from 11 May to 12 May will underscore Nigeria’s unwavering commitment to strengthening strategic partnerships with African nations and the French Republic, according to his spokesperson, Bayo Onanuga.

At the end of the Kenyan summit, President Tinubu will depart for Kigali, Rwanda, to attend the annual Africa CEO Forum, taking place between 14th and 15th May.
With the theme “Scale or Fail”, this year’s Africa CEO Forum will be the largest gathering of African private sector leaders, investors, and policymakers, focusing on accelerating economic transformation through shared scale, regional integration, and increased cross-border investment.
Held in partnership with the International Finance Corporation (IFC), the summit brings together over 2,000 top executives and national leaders to debate strategies for building resilient, competitive industries
At the two summits, President Tinubu will deliver statements highlighting his administration’s ongoing reforms to reposition the nation as a prime investment and growth destination.
President Tinubu will be accompanied on the trip by some of his ministers and senior aides. He will return to Nigeria at the end of the Rwanda summit according to Bayo Onanuga, Special Adviser to the President (Information & Strategy)
NB. This would be the UMPTEENTH overseas tour of Tinubu across the World and there are no INFRASTRUCTURES ON GROUND TO INDUSTRIALIZE HUMAN CAPACITY DEVELOPMENT AND PROVIDE ADEQUATE SECURITY TO ATTRACT ALL FOREIGN DIRECT INVESTORS (FDIs), OF ABOUT 50 JAMBOREES IN 36 MONTHS OF HIS LACK -LUSTER ADMINISTRATION!

OIL WINDFALL WITHIN TWO MONTHS!

Nigeria is experiencing an estimated ₦5.13 trillion oil revenue windfall over two months due to skyrocketing global crude prices surpassing $100 per barrel (pb), driven by the US-Iran conflict since 28th February 2026.
 This surge exceeds the 2026 budget benchmark of USD$64.85, dollars offering substantial fiscal relief to the Federal Government, though it coincides with increased domestic fuel prices and economic hardship.
The war disrupted supply routes, driving up Brent and Nigerian Bonny Light prices (reportedly over USD$130 dollars at times).
Estimates suggest roughly ₦5.13 trillion in excess revenue within March and April 2026, driven by prices frequently exceeding USD $100+ per barrel in comparison to the 2026 budget benchmarked at USD$64.85 dollars (mbpb), a differential gain of about USD$ 25 dollars per barrel .
Currently, TWO Padded Budgets – 2025 & 2026 , are still in the works together since the President extended the life of the former till the month of June 2026!
At this rate, WE suggest the professional expertise of Forensic Auditors be sought to decipher the jigsaw puzzle FOUR TINUBU BUDGETS – 2023-2026 – NONE OF WHICH IS FULLY IMPLEMENTED!
Despite the high Crude Oil prices, Nigeria’s actual production averaged 1.48 million barrels per day (mbpd) in Q1 2026, below the 1.84 mbpd budget target, which may lower the final windfall amount by roughly 20% IF THIS STATEMENT IS FROM AUTHENTIC SOURCES!
From inception until Tomorrow, NNPC which is the Arrowhead Agency of the Ministry of Petroleum Resources, REMAINS A CITADEL OF MASSIVE CORRUPTION!

 WHAT IS THE ECONOMIC IMPACT OF THIS WINDFALL ON NIGERIANS?

To the Government, there’s fiscal relief to FUEL SUBSIDY REMOVAL but Tinubu told his France audience that he had No plan to re-introduce it! However some analysts suggest it could be utilized to Service accumulated DEBTS to boost Reserves?
However, existing rising costs of goods and services had not subsisted! Domestic fuel prices increased transportation costs, with petrol prices reported around ₦1,300 – N2, 000 per liter during the Windfall!
 Experts suggest that due to lower production compared to targets and reliance on fuel imports, the windfall may not translate to immediate improvements for the average citizen, who still faces high inflation!
Windfall Breakdown: March contributed ~₦1.19 trillion, and April added ~₦3.94 trillion to the windfall.
 Some forecasts, such as those from BMI, suggest an additional ₦6.8 trillion in oil revenue could be realized for the full year 2026.
Although the windfall is helping to stabilize the naira and fill fiscal gaps but has also led to higher domestic fuel costs.
The 2026 budget, which is set at ₦68.32 trillion, is now benefiting from this price increase despite earlier concerns about lower production volumes.
BIM, a subsidiary to Fitch Solutions has also predicted that Nigeria could still earn an additional N6.8 trillion naira in 2026, totaling N11. 21Trillion naira subject to domestic reforms and improved macro economic stability despite lingering inflationary pressures.

THE IS THE PREPARATORY YEAR TO JANUARY 2027 PRESIDENTIAL ELECTION! 

All hands must be on deck by PATRIOTS to monitor and stop those desperados from further stealing from the Patrimony.
Presidential System is too expensive for every developing nation. We must NOT relent in OUR collective DEMAND FOR A ONE-HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH REFERENDUM!
“There shall be no RETREAT, no SURRENDER!”


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, The Wedding Mascot Died, and Comfort the weeping Gaza Child!


If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

Sunday, 3 May 2026

MERCHANTS OF DARKNESS WILL PERISH IN DARKNESS!

   ZION B-BC
 NEWSLETTER.   
 
 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 15. NO 653: 26th April, 2026} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
 

MERCHANTS OF DARKNESS WILL PERISH IN DARKNESS!



Former Minister of Power, Adebayo Adelabu, a product of political patronage has thrown in the towel but shamelessly believes he could remain relevant in Oyo, his home State where he woefully failed twice to become Governor - 2015 & 2019 respectively!
For the records, Adebayo was a Deputy Governor of the Central Bank of Nigeria before venturing into politics, hired and posted to handle Cable and Wires to keep Electricity working as Minister of Power!
In addition to his portfolio, he was to accompany his crafty principal who has boasted to fix Power in Four Years or be Kicked Out of Office, to borrow more money in Japan in August 2025, to fulfill his Campaign Promise!
Media report on Tinubu’s 2023 Presidential Campaign: “THROW ME OUT IF I FAIL TO FIX ELECTRICITY IN FOUR YEARS!”

Let’s go down the memory lane:
1960-2026 NIGERIA POWER SECTOR REMAINED AN ALBATROSS!
*Four Refineries remain comatose!
*Obasanjo allocated an outrageous sum of USD$16 billion dollars to revamp the Power Sector through foreign interventions but all investment was consumed in corruption because organized Cabal at the highest levels of government mismanaged the humongous sum!
*Late Buhari, emerged to clear the Augean Stable of the Sector to no avail and gave up!
*BUT TINUBU AND ADELABU BELIEVE THEY COULD SUCCEED WHERE OTHERS FAILED!

Mission: Borrow more money.
Dateline: 22nd August 2025:
Location: Yokohama, Japan.
Borrower: Japan International Cooperation Agency (JICA).
Amount required: USD$283 million dollars loan aimed at expanding Nigeria’s Electricity Transmission Network and Strengthening the National Grid.
From information at our disposal the duo took advantage of the year 2025th Edition of the Ninth Tokyo International Conference on African Development (TICAD), in Yokohama to perfect their agenda!
*Let’s digress a bit: From the 2022-2023 Campaign Boasting of Alhaji to August 2025 equals – 27 months.
*And from August 2025 to April 2026 – equals 08 months – total = 35 months.
Balance from 48 Months of Boast – 13 months.
NB: But Adebayo Adelabu has thrown in the towel and now in Ibadan to gamble for the number one seat!

QUESTION:

How will the TRIPOD Loans of USD$ 283 million dollars from Japan for:
1) Electricity Grid expansion .
2) USD$190 million dollars renewable energy loan facility for Solar Mini Grids,  also from Japan and,
3) USD$ 750 million dollars World Bank  assistance for the same Renewal Energy for about 17 million Nigerians – totaling USD$12,223, dollars be equated  to the USD$ 20 billion already expended without RESULTS to revamp a comatose Power Sector of 66 years?
A daring venture of such advanced SCAM can only be perfected by Two Gurus - A Certified Accountant Graduate from Chicago State University and a Harvard Economic Graduate - USA!

ADEBAYO ADELABU’S ANTECEDENT.

Adebayo’s grandfather, late Adegoke Adelabu popularly known as “Penkelemes”, (3rd September 1915 – 25th March 1958), was a prominent personality in the politics of Ibadan city and subsequently that of the Western Region of Nigeria before Nigeria’s Independence in 1960.
He was Nigeria’s Minister of Natural Resources and Social Services from January 1955 to January 1956 and was later the Opposition Leader in the Western Regional Assembly until his death in 1958. 
According to Wikipedia, he was a self-made man born into a humble family but became an influential figure in Nigerian politics.
He attended Government College, Ibadan and eventually became a businessman. His successful political career was cut short when he was killed in a car crash, not long before Nigeria gained independence from Britain.
On the other hand, his grandson Adebayo Adelabu OFR  (born September 9, 1970) was a former deputy governor, operations of the Central Bank of Nigeria who eventually served as the Federal Minister of Power of Nigeria, 21st August 2023 – 22nd April 2026.
 He was also an Oyo State gubernatorial candidate for the All Progressives Congress in 2019 .
With an invaluable experience as Deputy Governor Operations, Central Bank of Nigeria from April 9, 2014 – May 24, 2018, Adebayo was perfectly suitable to successfully negotiate international loans but as Minister of Electricity Power, he was a fish out of the pond!
AND THAT WAS WHY NATIONAL GRID KEPT COLLAPSING – 2023-2026!
Nigeria’s national power grid has continued to experience frequent, and often total, system collapses between 2023 and early 2026, leading to widespread, persistent blackouts and reliance on alternative power sources.
 Despite efforts to reform the sector through the 2023 Electricity Act, the grid remains fragile, suffering from aging infrastructure, inadequate maintenance, and severe transmission constraints.

QUESTION.

What happened to both the  Japanese and World Bank Loans?
EXCERPTS FROM ZION B-BC NEWSLETTER VOL.14, NO. 618, AUGUST 2025 – TITLED, “THROW ME OUT IF I FAIL TO FIX ELECTRICITY IN FOUR YEARS!” TINUBU.
“Alhaji Bola shot himself in the foot during the 2023 Presidential Campaign when he boasted of fixing the age-old electricity quagmire in the space of FOUR YEARS or be shown the exit door! “As WE Predicted in our last week’s Edition 617, pages 3-4, his major concern at the Ninth  Tokyo International Conference on African Development (TICAD9), was not in the interest of the downtrodden but to borrow more money to fester his Presidential ego and WE have been proven right!”

RECORDS OF NATIONAL GRID  COLLAPSE (2023–2026)!

Early 2026 Crisis: The grid collapsed multiple times in January 2026. Major incidents occurred on January 23rd, January 27th (the second in four days), and following a previous collapse on December 29th, 2025. These incidents caused national blackouts, affecting all 11 distribution companies (DisCos).
The national grid collapsed 12 times throughout 2025, continuing the trend of instability and forcing businesses and households to rely heavily on expensive generators.
2023-2024 Context: The grid saw regular failures in 2024 after a period of relative stability, with systemic issues related to inadequate generation and transmission capacity remaining unresolved.

CAUSES OF FREQUENT GRID COLLAPSE!

*Aging Infrastructure due to decades of under investment have left transmission lines and substations, such as the Gombe sub-station, vulnerable to failure.
*Technical faults and maintenance resulting in frequent “system disturbances” or “line tripping”! 
*Generation constraints always caused through imbalances between energy supply and demand, with power sometimes dropping drastically to extremely low levels (e.g., from 3,825MW to 39MW).
*Operational deficiencies through lack of adequate, real-time monitoring and control, leading to uncontrolled system shut-downs to prevent total damage.
*Economic disruption through inconsistent outages which disrupt healthcare, small businesses, and manufacturing, leading to increased costs due to high fuel consumption by generators.
However in response to all of the above, the Transmission Company of Nigeria (TCN) frequently cited technical faults as major cause while Government through the Minister of Power, claimed to have engaged in projects to improve metering and distribution to boost sector liquidity.

*PROPOSED SOLUTIONS.

 Experts and stakeholders emphasize:
1) The need for privatization of transmission, 
2) Decentralization of power generation, and 
3) Massive investment in infrastructure to prevent future collapses and 
4) Putting round pegs in round holes through hiring of tested and proven professionals!

ADDENDUM.

The Nigerian ELECTORATE MUST decide now to KICK OUT this Scammer from office according to his 2022 Campaign Pledge!
A ONE HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH REFERENDUM IS THE SOLUTION!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, The Wedding Mascot Died, and Comfort the weeping Gaza Child!


If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.