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Even Tinubu is not sure if Wale Edun resigned or was sacked

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Tinubu

Tinubu faces criticism amid confusion over Wale Edun’s exit as questions grow over whether the former finance minister resigned or was sacked

WALE Edun ceased being anonymous decades ago when he made his name elsewhere.

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He is so close to Tinubu, politically, that if the now President drawled Wale, nobody would be guessing who he meant.

Yet we have been left guessing how the former Minister of Finance and Coordinating Minister of the Economy left office.

It is another proof that the only important thing to Tinubu is his re-election which is getting tougher.

“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda,” a press statement by Bayo Onanuga, President Tinubu’s Media Adviser claimed Edun wrote in his letter of resignation.

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“Under your leadership, Nigeria has emerged stronger, more resilient, and more internationally respected.

“I wish you and the administration every success in the future”.

Onanuga’s press release of 22 April was meant to refute the absurdity of Tinubu not knowing how to present the departure of Edun, who had resigned as Commissioner of Finance from Tinubu’s cabinet in 2004 when Tinubu was in his second term as Governor of Lagos State.

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Edun’s ill-health had also been cited then as the reason for his resignation.

In the light of the flagging performance of Tinubu, if Edun a close associate, an astute economist and investment banker resigned, it could be seen as a verdict on the government.

The story would be worse if Edun were sacked after Tinubu had leveraged his expertise in praising the administration’s economic reforms.

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Was Tinubu caught unawares by Edun’s resignation? Could anyone be allowed to walk out of Tinubu, who appears more stranded by the day?

Onanuga, in his statement, doubled down on Edun’s illustrious private sector career, “Before then, he worked from 1980 to 1986 at Chase Merchant Bank (later Continental) in Lagos. He joined the World Bank in September 1986 through the elite Young Professionals Programme, where he worked on economic and financial packages for several countries in Latin America and the Caribbean.
“In 1989, he co-founded Investment Banking & Trust Company Limited (now Stanbic IBTC) and served as executive director.

In 1994, he founded Denham Management Limited, which has since become the Chapelhill Denham Group. He served as chairman from 2008 to 2021.

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Onanuga was 24 hours behind schedule with his curated rebuttal of how other Tinubu worshippers saw Edun. They wanted him out and got Tinubu’s buy-in.

Their dilemma was having no explanation for how suddenly the high-performing economy had conflicting figures of where things stood. They blamed Edun for that.

Edun had been public with poor performance of the budget, low funding of capital projects, rising debts, more borrowing.

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These contradicted Tinubu’s claims about how removal of petroleum subsidy had saved the economy, led to a new prosperity.

In trying to defend Tinubu, he took the blame for low releases for capital projects. We are to believe that there were tonnes of money for the projects and Edun refused to release them.

An admission from the Office of Secretary to Government of the Federation – Edun was removed “to strengthen cohesion and synergy in governance.

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In other words, he was sacked.

Edun had just stepped off the plane from representing Nigeria at the World Bank meetings in Washington. The urgency of removing was obvious.

Nigerians are not buying the stories that “ill-health” saw Edun out of the cabinet. Onanuga said Edun wanted to be excused so that he could focus on “his private business”.

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Almost sounds like an allegation of Edun prioritising personal business over the public’s.

Tinubu cannot sack anyone over such a tribial matter.
Edun, whether he resigned or was sacked, raises more questions about accountability, insecurity, and the “primary purpose of Tinubu’s administration”.

Finally…
KENYAN President William Ruto, possibly irked by President Tinubu’s comment in Yenagoa that Kenyans were suffering more than Nigerians, mauled Nigeria with responses that supervened the matter.

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“Our education is good. If you listen to a Nigerian speak English, you’ll need a translator. We’ve the best human capital anywhere in the world,” Ruto said in a video that has gone viral.

Some communication experts suggest that the response was directly targetted at Tinubu, and not other Nigerians.

FRIDAY morning started for me with the depressing story of Lisa Stephen who bandits left for dead after amputating her.

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Her story on Channel 4 is still on Arise TV YouTube platform.

She lives in Widows Village, near Jos, a place that earned its name from its population of widows who bandits have brutally killed their husbands.

On the night she lost an arm, she lost more.

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The bandits grabbed a 10-month-old baby she was breastfeeding and slashed it into two, forced her to watch her husband shot beside her and her second child killed by breaking the skull.

The villagers dread the next attack which they say will come, and there would be no security agents to defend them.

Didn’t the President deploy 5,000 drones “immediately” against bandits, when he visited Jos Airport? Tinubu is hardly working.

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THE appointment of Fatima Zuntu as Director-General of the National Biosafety Management Agency, NBMA, has hit an iceberg.

The NBMA Act requires 15 years post-qualification experience.

Mrs. Zuntu left school 10 years ago.

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The horde of people around President Tinubu can’t even screen a proposed appointee. We can only imagine what else they are not doing.

SOME communities in Kwara State have fallen under the control of bandits.

What is the benefit of being in the President’s party?

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Governors of 31 States are firmly for the President but none of them is spared the attacks of bandits and terrorists.

What does the President do for those States?

Also read: Tinubu Returns to Abuja After Eid, UK Visit

What does the President do for Nigeria?

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Opinion

From Lagos to Germany: How Rotary Youth Exchange Transformed Arnold Faranpojo

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Rotary

By Ehi Braimah and Victor Ojelabi,

 

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At 16, Arnold Faranpojo had already completed his secondary education, earned impressive examination results and begun charting a path towards an international future.

Also read: Olayinka Babalola shares Rotary vision on Arise News

But his participation in the Rotary Youth Exchange Programme, facilitated by Rotary International District 9111 during the tenure of then District Governor Henry Akinyele, would take his education beyond the classroom, giving him an experience that would reshape his outlook on life, culture, independence and the world.

Born in Lagos on 28 July 2009, Arnold is the second of three boys in the Faranpojo family. Although his roots are in Ile-Ife, Osun State, he grew up in Lagos, where he completed his secondary education at Nigerian Navy Secondary School, Abeokuta.

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He graduated in 2025 with his WAEC and NECO certificates and recorded an impressive 319 in the Joint Admissions and Matriculation Board examination the same year.

Rather than immediately proceeding into university, however, Arnold embarked on an 11-month Rotary Youth Exchange experience in Germany, an opportunity he describes as one of the most memorable chapters of his young life.

A Family’s Leap of Faith

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News of Arnold’s selection was met with excitement in the Faranpojo household, although it also came with understandable concerns.

For his parents, sending their son away for almost a year was a major decision. For his two brothers, the prospect of having the middle child away from home was initially unsettling.

“Knowing that the middle man of the three boys was going to be away for a year was at first unsettling with uncertainties,” the family recalled. “But with some clarification and explanation, the news was later greeted with faith and hopes for better things.”

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For Arnold himself, the selection brought a mixture of gratitude, excitement and pride.

“It was a very exciting and memorable moment for me,” he said. “I felt extremely grateful, excited and proud because it was an opportunity to experience a completely different country and culture.”

His parents shared his excitement and were proud of the opportunity, even as they recognised that their son was about to take a significant step towards independence.

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Arnold is the son of Rev. Alexander Faranpojo mni, a business consultant, clergyman and member of the National Institute.

He is the founding pastor of Virtues Christian Centre in Lagos and London and president of Virtues Life Foundation, an organisation focused on humanities, societies and governance.

His mother, Pastor Mrs Funmilola Faranpojo, is also a business consultant with interests in educational advancement and international agency services.

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She serves alongside her husband in ministry and has close to two decades of experience spanning banking and human capital development. She holds a postgraduate qualification in Human Resources from the University of Winnipeg.

Together, they have supported Arnold and his brothers while encouraging their educational and personal development.

Eleven Months That Changed Everything

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Arnold spent approximately 11 months in Germany, living and studying in Wuppertal and attending Wilhelm Dörpfeld Gymnasium.

The experience exposed him to an education system different from the one he had known in Nigeria, while also placing him in an environment where communication, adaptation and independence became part of everyday life.

“Everything was different — the language, culture, school system, food and daily lifestyle,” Arnold recalled of his initial experience.

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The early days were challenging. Adjusting to a new country, learning to communicate in another language and understanding unfamiliar social and educational systems required patience.

But gradually, the unfamiliar became familiar.

Arnold improved his German language skills, became more comfortable communicating with people and learnt to navigate daily life with increasing independence.

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Beyond Wuppertal, the exchange opened the door to travel and cultural discovery. He visited Düsseldorf, Cologne, Dortmund, Hamburg, Berlin and Munich, as well as Paris in France.

Each journey offered a different perspective, allowing him to experience new cities, cultures and ways of life.

Yet, for Arnold, the exchange was about much more than travelling.

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He spent considerable time at school, participated in Rotary activities, built friendships with Germans and young people from other countries and learned how to interact with individuals from different backgrounds.

“Overall, the exchange helped me become more independent, adaptable, confident and open-minded,” he said.

More Than a Language

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One of the most significant outcomes of Arnold’s exchange year was the development of his confidence.

Living away from his family required him to take greater responsibility for himself. Communicating in a foreign language pushed him outside his comfort zone, while interacting with people from different cultures broadened his understanding of the world.

By the end of the programme, Germany no longer felt like the completely unfamiliar environment he encountered when he first arrived.

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“I had developed a strong appreciation for the country and its culture,” he said.

The experience also gave him something that cannot easily be measured by academic certificates: an international perspective.

For Arnold, learning German became part of a much larger lesson about communication, tolerance and adaptability.

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“My exchange year taught me much more than just a new language,” he said. “It taught me how to adapt, communicate with different people, become independent, and appreciate different cultures.”

The strongest placement is immediately after the “More Than a Language” section and before “Building Towards the Future”. It creates a natural bridge from Arnold’s return to Nigeria into what comes next.

A Special Homecoming

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Arnold’s return from Germany brought another memorable Rotary moment.

On 18 August 2026, he had the rare privilege of joining Rotary International President Olayinka Hakeem Babalola and other Rotary leaders at a special reception in Lagos held in Babalola’s honour.

The reception, jointly organised by Rotary International Districts 9111 and 9112 under District Governors Bukola Bakare and Layi Abidoye respectively, brought together Rotarians and other guests to celebrate Babalola’s historic leadership of the global service organisation.

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Arnold did not attend the reception alone. His parents, Rev. Alexander Faranpojo mni and Pastor Mrs Funmilola Faranpojo, accompanied him, giving the family an opportunity to share another significant Rotary experience together following his return from Germany.

Babalola was full of praise for Arnold and the journey he had undertaken through the Rotary Youth Exchange Programme.

He noted that about 7,000 young people around the world are offered the opportunity to participate in Rotary Youth Exchange each year, placing Arnold’s experience within a global programme that enables young people to live in another country, experience different cultures and develop a broader understanding of the world.

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For Arnold, meeting the Rotary International President so soon after returning from an 11-month exchange provided a fitting connection between the opportunity Rotary had given him abroad and the organisation’s leadership at home.

Babalola’s emergence as the second Nigerian and second African to serve as President of Rotary International also carried particular significance.

For a young Nigerian whose worldview had been broadened through a Rotary programme, his leadership offered another powerful example of how service, opportunity and exposure can transcend geographical boundaries.

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Building Towards the Future

With his exchange year behind him, Arnold is now focused on the next stage of his journey.

He is continuing to improve his German language skills as he prepares for university, with plans to study Business Informatics (Wirtschaftsinformatik) in Germany.

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The field sits at the intersection of business and technology, an area that aligns with Arnold’s growing interests and his ambitions for the future.

But his aspirations extend beyond technology and business.

He hopes to combine his interests in business, technology and fashion to create something that contributes positively to humanity.

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His Rotary experience, he believes, will remain an important foundation as he pursues these ambitions.

Looking back on the opportunity, Arnold is clear about what the experience has given him: greater confidence, independence, adaptability and a broader understanding of the world.

It has also taught him not to be afraid of unfamiliar territory.

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“I am very grateful for the opportunity and believe the experience will continue to influence my education, career, and personal development,” he said.

Also read: Olayinka Babalola shares Rotary vision on Arise News

And when asked what he would ultimately attribute the journey to, Arnold offered a simple but deeply personal conclusion:

“Everything was by the grace of God! I also thank Rotary for the life-changing opportunity.”

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