Tesla has just suffered its worst-ever one-day loss, shedding $153 billion in market value—as the once-tight alliance between Donald Trump and Elon Musk turns into a very public power struggle.

Shares of the electric vehicle giant plunged more than 14% on Thursday after President Trump hinted at cancelling federal contracts with Musk’s companies. “The easiest way to save money... is to terminate Elon’s Governmental Subsidies and Contracts,” he wrote on Truth Social.

Musk thereafter, took to X to post: “In light of the President’s statement about cancellation of my government contracts, SpaceX will begin decommissioning its Dragon spacecraft immediately.” SpaceX's Dragon spacecraft is the company's primary vehicle for sending astronauts and cargo to orbit.

The fallout didn’t stop there. Musk, who once championed Trump’s re-election, also fired back online, claiming: “Without me, Trump would have lost the election… Such ingratitude.”

With Tesla stock now down 25% since January and the two billionaires trading insults, the clash could reshape not just US business politics—but also the future of electric vehicles.

Trump vs Musk just got very personal. Do you think this feud could hurt Tesla long term or is this just billionaire drama?

“Political Class Behind Boko Haram” – Senator Orji Uzor Kalu Alleges Plot to Destabilize Tinubu’s Government

In a startling revelation, Senator Orji Uzor Kalu, representing Abia North, has accused certain members of Nigeria’s political elite of sponsoring Boko Haram insurgents to undermine President Bola Tinubu’s administration. Speaking on Channels Television’s ‘Politics Today’ program, Kalu asserted that terrorism is being used as a political tool to destabilize the current government, similar to tactics employed against previous administrations.  

Kalu elaborated that the insecurity plaguing Nigeria is politically induced, driven by individuals seeking to hijack political power. He identified politicians, wealthy businesspeople, and senior civil servants as those fueling Boko Haram, not for financial gain but to gain control. 

The senator’s allegations come amid renewed concerns over Boko Haram’s activities, including recent attacks in Borno State. Kalu called for unity and patriotism among Nigerians, urging citizens to prioritize national interest over selfish political agendas. 

⸻

#OrjiUzorKalu #BokoHaram #TinubuAdministration #PoliticalInstability

Tonto Dikeh Shines at Tinubu’s Mid-Term Celebration: A Night of Legacy and Leadership 

Nollywood actress and politician Tonto Dikeh graced the Presidential Banquet Hall in Abuja on May 31, 2025, attending the Mid-Term Celebratory Dinner in honor of President Bola Ahmed Tinubu and Vice President Kashim Shettima. The event marked two years of the administration’s “Renewed Hope” agenda.  

Sharing her experience on Instagram, Tonto described the evening as “a night of reflection, progress, and inspiration,” expressing gratitude for witnessing history in the making. She lauded the administration’s achievements and encouraged Nigerians to unite for a better future.  

#TontoDikeh #MidTermCelebration #RenewedHope #LegacyAndLeadership #NigeriaAtProgress #NollywoodMeetsPolitics

I Financed Abia, Never Benefited ‘Anything’ As Governor – Orji Uzor Kalu
Kalu claimed that politics has been ‘dangerous’ to him because many of his businesses were sealed by the Federal Government when he was a governor.
Former governor of Abia State, Orji Uzor Kalu, says rather than benefiting, he spent his money when he governed the Southeastern state.

Kalu, who is the Senator representing Abia North, also said that he is using personal funds to work as a lawmaker, like he did when he was a governor.

Speaking on Channels Television’s Politics Today on Monday, Kalu claimed that politics has been ‘dangerous’ to him because many of his businesses were sealed by the Federal Government when he was a governor.

“I spent my own money being governor, like I am spending my money today being a Senator. I used to finance the state, that is the truth,” Kalu, who was Abia governor from 1999 to 2007, said on the programme.

“I never benefited from anything being governor, rather, I lost a lot of money. The Federal Government took a lot of my businesses. So, politics has been very dangerous to me.”

Wike Declares: “I’m Still PDP, and I’ll Step on Big Toes to Get Results”

In a bold statement that has stirred political discourse, Minister of the Federal Capital Territory, Nyesom Wike, reaffirmed his allegiance to the Peoples Democratic Party (PDP) while expressing his readiness to challenge influential individuals to achieve effective governance. 

Speaking during his monthly press briefing on June 2, 2025, Wike addressed speculations about his political affiliations and his approach to leadership. He emphasized his commitment to the PDP, stating, “I’m still in PDP and work hard for this party.” 

Wike also highlighted his willingness to confront powerful figures to drive change, asserting, “I take joy when stepping on the toes of big men, those who say nothing will happen. I take joy in saying something will happen.” He criticized the reluctance of some leaders to make tough decisions, suggesting that fear of offending the wealthy hinders progress. 

Addressing concerns about his loyalty, Wike clarified, “The only person that I owe is Mr. President. This is what I’m doing because I have to support the government and make a difference.” He further warned against impunity within the PDP, stating, “When people don’t want to learn, impunity will kill you.” 

Wike’s remarks have sparked discussions about his role within the PDP and his approach to governance, especially as Nigeria approaches the 2027 general elections.


#WikeSpeak #PDPLeadership
#GovernanceInNigeria #PoliticalAccountability #NigerianPolitics

Understanding the Difference Between Constituency Allocation and Allowance in Nigerian Politics

By Adebonojo Moyosore

In the ongoing discourse about governance, public trust, and legislative accountability, two often misunderstood concepts are constituency allocation and constituency allowance.Though they sound similar, their functions, implications, and sources of controversy are quite distinct. For a fair and informed opinion on political performance especially at the state or federal legislative level these terms must be properly unpacked.

1. Constituency Allocation: Developmental in Nature

Definition: Constituency allocation (often called constituency project fund) refers to public funds set aside in the national or state budget specifically for development projects within a lawmaker’s constituency. These could include boreholes, classroom blocks, health centres, road grading, and other public services.

Purpose: It is intended to bridge the gap between the federal/state government and rural or underrepresented communities. Lawmakers usually nominate or facilitate these projects through relevant MDAs (ministries, departments, and agencies), but do not directly manage or disburse the funds themselves.

Implications: These projects are not personal donations by the lawmakers.

Their execution is funded by taxpayer money, not private generosity.

Success or failure often depends on implementation by government agencies or contractors.


Controversy: Many constituents, unaware of this distinction, wrongly attribute the projects either directly to the lawmaker or blame them entirely for failed or poorly executed projects. It fuels false narratives of “generosity” or “non-performance”.


2. Constituency Allowance: Personal but Official

Definition: Constituency allowance, on the other hand, is part of a legislator’s official remuneration package monthly or annual financial provisions to support their operational cost of staying in touch with and servicing their constituents.

Purpose: This allowance covers logistics such as constituency office maintenance, staffing, community outreach, consultations, travel, and sometimes personal interventions (e.g., donations at burials, festivals, or emergencies).

Implications: It is personal spending with public funds, requiring judicious use.

Unlike allocations, this is not tied to infrastructure development but rather to representation and accessibility.

Misuse of allowance (e.g., pocketing the funds without maintaining constituency presence) is a frequent concern.


Controversy: Because it is not publicly tracked like project funds, the allowance often breeds mistrust and opacity. Critics see it as an avenue for “soft looting,” while defenders argue it’s essential for effective grassroots connection.

Conclusion: Clarity Is Accountability

When constituents conflate allocation with allowance, they risk misdirecting their anger or praise. A borehole funded through constituency allocation is a right, not a favour. And a town hall meeting organized from an allowance is part of a lawmaker’s duty, not charity.

For true political accountability, the public must demand transparency on both ends, developmental outcomes from allocations and representational value from allowances. Lawmakers must also educate their constituents and publish clear records, thereby reshaping political expectations from patronage to performance.

NEWSPAPER HEADLINES FOR MONDAY 2ND JUNE 2025

PUNCH
Oyebanji urges LGs to leverage autonomy for development

E-call up system will decongest Lekki-Epe route – LASG

Withheld allocation: Osun taps project funds to pay LG workers

Tinubu economic reforms causing rising poverty, says Afenifere faction

Kano declares public holiday to mourn 22 athletes killed in crash

Edo commences property owner profiling

SERAP sues NNPCL over ‘missing’ N500bn oil funds

Defamation: Natasha to appear in court Tuesday

‎Kano declares Sallah break for schools from Wednesday

I’ll consult God on 2027 re-election, says Otti

FG unveils plan to boost local production of healthcare products

Cleric decries social media misuse, seeks compassionate communication

Kalu expresses sadness over death of Kano athletes

Bauchi gov congratulates Patience Jonathan on doctorate

NNPP chieftain links Kano athlete deaths to inadequate road infrastructure

Brake failure suspected as motorcyclist dies in Lagos accident

Saudi Arabia to broadcast Arafah sermon in Hausa, Yoruba, Fulani

Customs seize N39m petrol from smugglers in Lagos, Ogun

Sanwo-Olu mourns Olu of Epe

Patience Jonathan bags PhD, urges Nigerians to embrace lifelong learning

Disburse student loans directly to beneficiaries, Bishop tells FG

Elon Musk reclaims world's richest title with $423bn net worth - Report

Devastating loss, Akpabio mourns Kano athletes killed in road crash 

NSF: Abiodun commiserates with Kano, offers N31m to deceased athletes’ families

Man sets self on fire in Algeria over alleged injustice

Groups rally against rape, sexual abuse in Ogun

Nigeria would be far worse without prayer - Adeboye

Abuja water shortage due to ongoing rehabilitation – Wike

VIDEO: Patience Jonathan celebrates doctorate degree from Rivers varsity

Ekiti gov tasks LGs on effective financial management

Judiciary workers suspend planned strike for two weeks 

Buhari mourns victims of Niger floods, Kano auto crash

Insecurity: 15 Catholic churches closed in Benue — Priest

Kaduna unveils initiative to curb teenage pregnancy

Bandits, insurgents living among Nigerians, Sanusi lamido

Minister lauds BUA for donating building to North-west devt commission

Resident doctors demand payment of specialist allowance, arrears

VANGUARD
I’m pained by the loss of lives due to floods, auto crash – Buhari

NDLEA arrest 36 suspects of drug abuse, recovers assorted illicit drugs in Kano

‘Ritualist:’ Gov. Mbah relocates rescued girl to Enugu, awards her university scholarship

ACF commiserates with Niger, Kano over tragedies

‘I am not taking drugs!’ Musk denies damning report

Ukraine says hit $7bn worth of Russian military planes in drone attack

Top 10 richest people in the world as Musk reclaims top spot

Police arrest 2  suspects who allegedly collected N14m ransom before killing Onitsha female Banker

Gunmen hijack bus along Enugu–Owukpa road

2027: Coalition against Tinubu’ll fail; he’s destined for 2nd term – Prophet Sam Ojo

Katsina Governor mourns 22 Kano athletes, extends sympathies over Niger flood tragedy

NNPP blames Kano athletes’ deaths on poor road infrastructure

Mokwa Flood: Two more corpses recovered, death toll rises to 153

Man sets self on fire on fire after judge threatened him with jail term

Ukraine strikes Russian bombers ahead of Istanbul talks

26yr old suspect died in hospital, not in police custody – Ogun CP clarifies

Starmer ‘loses control’ of border as nearly 1,200 migrants cross into UK by boat in a day

Lagos to reintroduce monthly environmental sanitation – Commissioner Wahab warns

Just in: Former Environment minister under Buhari resigns from APC in Nasarawa

How RCCG saved us from prison life – Ex-inmates share emotional stories

75% of Nigerian Prison inmates are innocent – RCCG alleges

What Buhari’s politics did to Nigeria’s democracy – Lamido

Top 5 smartphones with best AI features

THE NATION
Five foods men over 50 must avoid to prevent Prostate Cancer

FG moves to curb illegal migration, economic desperation among youths

ACF mourns victims of flood, road crash in Niger, Kano states

NARD gives FG four weeks to address unresolved demands

JUST IN: Former minister resigns from APC

Why Tompolo, Otuaro are under attacks, by Delta monarch

Lagos to reintroduce monthly environmental sanitation exercise

2027: APC forum urges Yilwatda to step up humanitarian efforts in Plateau

Speaker Abbas, Kalu mourn Kano athletes killed in road accident

Mokwa flood: Death toll rises to 153

Mike Bamiloye defends viral gospel hit "Never Going Back"

NSF tragedy: Abiodun sends delegation to Kano, Donates N31m to families of late athletes

Wike explains water shortage in Abuja, says rehabilitation of treatment plants underway

2027 Elections: PDP Warns Tinubu—“Defections Won’t Win You Votes”

As Nigeria’s political landscape heats up ahead of the 2027 general elections, the Peoples Democratic Party (PDP) has issued a stern warning to President Bola Tinubu and the ruling All Progressives Congress (APC): the next election will be decided by governance, not by political defections.

Speaking on AIT’s Focus Nigeria, PDP National Publicity Secretary, Debo Ologunagba, criticized the APC’s celebration of recent high-profile defections from opposition parties, including those of former Delta State Governor Ifeanyi Okowa and several National Assembly members. Ologunagba argued that these defections are not indicative of genuine political support but are instead a result of coercion and a misguided attempt to create a one-party state. 

“When you find the president of a country in a multi-ethnic and multi-cultural country like Nigeria declaring his preference for a one-party state, that shows that they continue to aggressively attack the processes of other political parties,” Ologunagba stated. He emphasized that the APC’s focus on defections is a distraction from its governance record, which will be the true determinant in the upcoming elections. 

This warning comes amid the APC’s official endorsement of President Tinubu for re-election in 2027, despite ongoing criticisms of his administration’s economic reforms and handling of security issues. While the APC touts these reforms as revitalizing the economy, many Nigerians have expressed concerns over the resulting cost-of-living crisis. 

As the 2027 elections approach, the PDP’s message is clear: the electorate will be evaluating the APC based on its performance in office, not the number of politicians it can attract from other parties.


#PDPvsAPC #2027Elections #DefectionsDebate #Tinubu2027
#NigerianPolitics

JUST IN: Reps Propose ₦5M Fine or 7-Year Jail Term for Bribe Takers — “No More Business as Usual”


In a bold legislative move, the Nigerian House of Representatives is considering a bill that would slam anyone caught collecting bribes with a seven-year jail term or a ₦5 million fine. The proposed law, if passed, would mark one of the most aggressive anti-corruption penalties ever tabled in the country’s National Assembly.

What the Bill Proposes:
• A 7-year prison sentence OR
• A ₦5,000,000 fine (or both in some cases)
…for individuals convicted of soliciting or receiving bribes in any form—cash, gifts, or favors.


The proposal comes amid increasing frustration among Nigerians over the normalization of bribery across all sectors—from police checkpoints and hospitals to courts and public offices.

Many see corruption not as the exception but the rule, with even basic services often requiring “something for the boys.”

According to lawmakers backing the bill, the aim is not just punishment but deterrence.

“We want to send a strong message,” one lawmaker said during plenary. “Bribery is no longer business as usual.”


Reactions online have been swift and divided.

While many citizens welcomed the bill, saying it’s long overdue, others questioned its feasibility in a system where bribery is deeply rooted—and often protected by those in power.

“Nice law, but who go arrest the people collecting the bribe when the arresting officer sef dey collect him own?” a user tweeted.

Others argued that the bill should also aggressively go after those offering bribes—not just those receiving them.

Real Change or Political Posturing?
Analysts are skeptical about the practical enforcement of the bill, noting that similar anti-corruption laws exist but are rarely applied to the powerful. Without a strong and independent judiciary, many fear this new law could end up as another “paper tiger.”

Still, the symbolic weight of the bill sends a message: the National Assembly wants to be seen doing something about Nigeria’s corruption crisis.

⸻According to TrendingEx


#EndCorruption #BribeBill #NigeriaReps #AntiBriberyLaw #NaijaPolitics #7YearsForBribe

JUST IN: Fubara Praises Tinubu for 'Timely Intervention' That Saved Rivers State from Collapse


According to NigeriaStories, Rivers State Governor Sim Fubara has credited President Bola Tinubu with salvaging a dire political crisis in the state, saying the president “came in at the right time” and helped prevent a total breakdown of governance.

In a striking statement, Fubara acknowledged that an emergency rule-like intervention by the federal government played a crucial role in stabilizing the situation. Rivers State had faced intense political turmoil marked by internal rifts and power struggles that threatened to paralyze governance.

Fubara’s remarks are being seen as a rare public endorsement of President Tinubu’s crisis management approach, adding weight to the argument that federal mediation remains critical in preserving democracy and state stability in Nigeria.


#SimFubara #PresidentTinubu #RiversStateCrisis #NigeriaPolitics

Inside NewMailNG Online Today:
Immigration arrests fleeing native doctor ‘linked to ritual killings’ near Seme border https://newmail-ng.com/herbalist/

Recent military coups shouldn’t define us, believe in democracy – Gowon admonishes ECOWAS countries https://newmail-ng.com/yakubu-gowon-5/

Reps summon WAEC over ‘serious irregularities’ in 2025 SSCE https://newmail-ng.com/waec-11/

I’ll know my true loyalists when I defect to APC, says Gov. Eno https://newmail-ng.com/umo-eno-13/

I barely sleep due to decisions I have to make – Gov Mbah https://newmail-ng.com/peter-mbah-2/

May 29: The worst is behind us, says Tinubu https://newmail-ng.com/tinubu-65/

Two Years of President Tinubu: A Business Perspective By Abdul Samad Rabiu https://newmail-ng.com/bola-tinubu-33/

Court adjourns trial of ex-AMCON MD’s N76bn fraud case to June 4 https://newmail-ng.com/amcon-9/

Group claims Alia planning to join ADC, says ‘he’s crippling APC in Benue’ https://newmail-ng.com/benue-state-3/

It’s illegal to take over people’s properties over ground rents, Sen Kingibe tackles Wike https://newmail-ng.com/ireti-kingibe-6/

Sidi Ould Tah elected AfDB president as Akinwumi Adesina bows out https://newmail-ng.com/afdb-10/

Tinubu establishes credit guarantee company, appoints Dogara as board chair https://newmail-ng.com/bola-tinubu-32/

Only 19% of Nigerians pay taxes, says FIRS boss https://newmail-ng.com/firs-8/

Akpabio appoints PDP senator Konbowei as chair of south-south development commission committee https://newmail-ng.com/ssdc/

Cardoso named African Banker Central Bank Governor of the Year https://newmail-ng.com/cardoso-5/

Our momentum affected by politics but we’d rebuild Rivers, says Fubara https://newmail-ng.com/fubara-45/

Appeal court affirms Okpebholo’s election as Edo governor https://newmail-ng.com/monday-okpebholo-37/

NLNG launches human capital development programme under Train 7 Project https://newmail-ng.com/nlng-7/

Shell acquires TotalEnergies’ stake in Bonga oilfield for $510m https://newmail-ng.com/totalenergies-8/

NIJ 86 class inaugurates executive committee, prioritises members’ welfare https://newmail-ng.com/nij/

Imo communities accuse state govt., Zion Ministry of farmland takeover https://newmail-ng.com/zion-ministry/

Congo ex-president Kabila makes first public appearance in rebel-held Goma https://newmail-ng.com/joseph-kabila/

South African mother given life sentence for trafficking 6-year-old daughter https://newmail-ng.com/trafficking/

Elon Musk leaves White House role days after criticising Trump’s budget bill https://newmail-ng.com/elon-musk-11/

Arsenal in advanced contract talks with Gabriel https://newmail-ng.com/gabriel/

Lennon signs two-year deal to stay at Dunfermline https://newmail-ng.com/celtic-4/

Chelsea trigger Delap’s £30m release clause https://newmail-ng.com/liam-delap/

For more stories, kindly log on to: http://www.newmail-ng.com

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Barkah Jumu’ah

“Nothing Democratic About Tinubu’s Government” — Lawyer Inibehe Effiong Slams Crackdown on Free Speech

Human rights lawyer, Inibehe Effiong, has strongly condemned the Bola Tinubu administration, accusing it of undermining democratic values through continued attacks on free speech and dissent.

Effiong, known for his vocal stance on civil liberties, stated that the government’s handling of critics and online voices reflects a growing intolerance for accountability and public discourse, warning that democracy is being dangerously eroded under the current regime.

His comments have sparked renewed conversations about press freedom and civil rights in Nigeria.

#InibeheEffiong #TinubuGovernment #FreeSpeech #DemocracyInDanger #NigeriaPolitics #HumanRights

#EndBadGovernance Movement Sets June 12 Protest, Blasts Tinubu’s Two Years as ‘Disastrous’

The #EndBadGovernance movement has announced a major protest scheduled for June 12, condemning President Bola Tinubu’s first two years in office as catastrophic for Nigerians. Activists accuse the administration of worsening economic hardship, insecurity, and governance failures. They vow to mobilize citizens nationwide to demand accountability and change.

The protest aims to send a clear message to the government that Nigerians are fed up with mismanagement and demand better leadership.

#EndBadGovernance #June12Protest #Tinubu #NigeriaPolitics #GoodGovernance

May 29: Nigerians Are Suffering, Tinubu Has Fallen Short — Suswam


As President Bola Tinubu prepares to mark the second anniversary of his administration, former Governor of Benue State, Gabriel Suswam, has criticized the president's performance, saying the government has failed to alleviate the growing hardship faced by Nigerians.

Speaking during an appearance on Politics Today on Channels Television, Suswam expressed concern over the current state of the economy, attributing the suffering of citizens to the policies of the All Progressives Congress (APC)-led federal government.

“My assessment of this government, just like that of any average Nigerian, is that they have not done well at all. The indicators are everywhere,” Suswam said.

He argued that while some economic reforms may have been necessary, the government failed to implement measures to cushion their impact on the population.

“As someone familiar with global economic trends, I believe that when you implement policies that will negatively affect your people—such as subsidy removal, currency devaluation, and increasing the Monetary Policy Rate (MPR)—you must also introduce buffers to ease the burden. Sadly, this administration has not done that,” he added.

Suswam further emphasized that Nigeria’s largely import-dependent economy makes it vulnerable to such drastic policy shifts, leaving citizens to bear the brunt of inflation and rising costs.

Endorsements Amid Criticism
Despite public criticisms, President Tinubu continues to enjoy support from key members of the ruling party. Last Thursday, governors under the Progressive Governors’ Forum (PGF) and the leadership of the National Assembly passed a vote of confidence in the president and endorsed him for a second term.

At the APC’s national summit in Abuja, Imo State Governor Hope Uzodimma, who chairs the PGF, said the Forum was satisfied with Tinubu’s performance halfway through his first term under the “Renewed Hope Agenda.”

Senate President Godswill Akpabio echoed this sentiment, stating:

“If he hadn’t done well, it is the National Assembly that would raise the issue of impeachment. We’re not doing that. In 2023, the road was rough, but by 2027, I see things turning around.”

As Nigeria approaches the midpoint of Tinubu’s first term, the contrasting views from opposition leaders and party loyalists continue to define the national conversation. #TinubuAt2
#GabrielSuswam
#NigerianPolitics
#TinubuAdministration

“In Nigeria’s political landscape, loyalty often shifts with the tides of opportunity.”
— According to Imaran Muhammad

Hon. Festus Olanrewaju Akingbaso, member representing Idanre/Ifedore Federal Constituency, Ondo State, defects from PDP to APC today in the Green Chamber.

#NigeriaPolitics #Defection #PDP

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