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Yacht, Wealth, and Widening Gaps: The Debate Over Abdul Samad Rabiu’s Latest Luxury Move

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Nigerian billionaire industrialist Abdul Samad Rabiu has commissioned a 60-meter superyacht from Italian shipbuilder

Baglietto, placing him among a select group of African elites who own custom-made luxury vessels.

The development, which surfaced on X, has generated mixed reactions among Nigerians.

 

While some praised the businessman for his success and described the purchase as a personal decision, others questioned the timing, citing Nigeria’s current economic challenges. Critics argued that such displays of luxury appear disconnected from the realities of citizens grappling with inflation, unemployment, and limited access to basic amenities.

 

One user suggested that wealthy individuals should prioritize empowering underserved communities rather than investing in luxury assets. However, supporters countered that Rabiu has every legal right to spend his wealth as he chooses, noting that other prominent businessmen such as Aliko Dangote and Femi Otedola have also owned luxury yachts without similar backlash.

 

The debate highlights ongoing public sensitivity around wealth, inequality, and social responsibility in Nigeria’s current economic climate.Nigeria, which is currently navigating economic strain, in such periods, displays of luxury often trigger emotional reactions because they contrast sharply with lived realities.

 

Even if entirely legal and privately funded, high-profile purchases by billionaires invite public commentary, especially when those billionaires operate businesses deeply tied to national infrastructure and economic systems.

 

The debate, therefore, is not purely moral. It is social, psychological, and economic.

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Tinubu: Democracy Thrives in Calm, Tolerant, and Orderly Elections

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President Bola Ahmed Tinubu has urged voters, political parties, and security agencies to maintain calm, orderliness, and restraint ahead of Saturday’s elections in the Federal Capital Territory (FCT) and the states of Kano and Rivers.

 

The Independent National Electoral Commission (INEC) will conduct polls in the six area councils of the FCT, as well as bye-elections in Ahoada East II and Khana II constituencies in Rivers State, and Kano Municipal and Ungogo constituencies in Kano State.

 

In a statement, President Tinubu called on all eligible voters to participate without fear, stressing that democracy thrives in an atmosphere of tolerance and mutual respect. He appealed to political parties and candidates to avoid violence, inflammatory statements, or any actions that could undermine the electoral process.

 

The president also warned against intimidation or any form of disenfranchisement, emphasizing that security personnel are deployed to protect lives, property, and the integrity of the vote.

 

He further urged INEC to ensure smooth accreditation, accurate collation, timely transmission of results, and measures that strengthen voters’ confidence, in line with the 2026 Electoral Act.

 

“Fellow Nigerians, I commend your civic consciousness and assure you that these elections will reflect the will of the people, strengthening our democratic journey,” President Tinubu said.

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PRESIDENT TINUBU CALLS FOR ORDERLINESS IN FCT, KANO, RIVERS ELECTIONS

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President Bola Ahmed Tinubu has called on voters, security agencies, and officials of the Independent National Electoral Commission to conduct themselves in an orderly manner during Saturday’s polls in the Federal Capital Territory and the states of Kano and Rivers.

The President issued the call in a statement on Friday. Bayo Onanuga, Special Adviser to the President on Information and Strategy, signed the press release detailing the President’s appeal.

INEC will conduct elections in the six area councils of the FCT and bye-elections in the Ahoada East II and Khana II State constituencies of Rivers State, and in the Kano Municipal and Ungogo constituencies in Kano State.

President Tinubu urged all eligible voters to come out and vote without fear, emphasising that the democratic process thrives best in an atmosphere of calm, tolerance, and mutual respect.

He appealed to political parties, candidates, and their supporters to shun violence, inflammatory statements, and actions that undermine the credibility of the process.

He cautioned against any form of high-handedness, intimidation, or actions that could disenfranchise voters or erode public trust, stressing that security personnel are present to protect lives, property, and the sanctity of the ballot.

President Tinubu appealed to the Commission to take all necessary measures to bolster voters’ confidence by ensuring timely accreditation, smooth voting processes, accurate collation, and prompt transmission of results, in line with the 2026 Electoral Act.

Onanuga quoted the President as assuring Nigerians of continued government support for institutions responsible for delivering free, fair, and credible elections.

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“Fellow Nigerians, I assure you that the Federal Government under my administration will continue to support institutions responsible for delivering free, fair, and credible elections,” President Tinubu said.

“To all residents of the FCT, Kano and Rivers, I commend your civic consciousness. I am confident that these elections will reflect the will of the people and further strengthen our democratic journey as a nation,” the President added.

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UNICEF: Nigeria Registers 14 Million Births in Two Years

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The United Nations Children’s Fund (UNICEF) says Nigeria has recorded a significant increase in birth registration over the past two years, with 14 million children officially registered.


UNICEF Country Representative to Nigeria, Wafaa Saeed Abdelatef, disclosed this during a courtesy visit to Nigeria’s First Lady, Oluremi Tinubu, at the State House in Abuja on Friday.

Abdelatef described birth registration as the first right of every child, noting that it ensures children are counted, recognised, and legally identified. She said the progress recorded in Nigeria within two years is remarkable.

“Birth registration is the first right of every child to be counted and recognised. I have served in many places, but I have not seen this level of progress achieved within two years,” she said.

She added that the birth registration system is being digitalised at health facilities nationwide to improve efficiency and access.

According to her, a bill currently before the National Assembly is also expected to strengthen the process, attributing the progress to strong national leadership.

Abdelatef commended the First Lady for her leadership and commitment to initiatives that impact children and families across the country.

 

She also referenced her participation at events hosted by the First Lady, including the launch of a food bank and engagements linked to the Renewed Hope Agenda.

In her remarks, Tinubu acknowledged UNICEF’s longstanding support to Nigeria, emphasising that birth registration must continue until every Nigerian child is documented.

“Every child counts,” she said, stressing that legal identity and nationality are essential for integrating children into health and social services.

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The First Lady said she was encouraged by the progress recorded but noted that more work remains to be done.

“We have to keep at it and make sure that every child is counted. It is not just about birth registration alone; we are also looking at birth certificates,” she said.

Tinubu also highlighted the importance of accurate population data, noting that Nigeria has not conducted a census in many years. She said focusing on registering children would help the government better plan for health, education, and other social services.

While expressing satisfaction with improvements in birth registration, the First Lady raised concerns over the high rates of tuberculosis, HIV/AIDS, and child and maternal mortality in the country.
“Nigeria has a huge population.

 

When it comes to tuberculosis, HIV/AIDS, and child and maternal mortality, the numbers are still high, and that is worrisome,” she said.

She, however, assured that the current administration is taking steps to address these challenges and position the country for a better future.

Tinubu thanked UNICEF for its continued partnership and pledged further collaboration, noting that the organisation has consistently provided reliable data to support government planning and policy implementation.

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