Former AGF Abubakar Malami emerges as ADC governorship candidate in Kebbi State ahead of the 2027 election amid ongoing controversy over alleged ₦8.7 billion fraud claims.

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has emerged as the African Democratic Congress (ADC) governorship candidate for Kebbi State ahead of the 2027 general election, despite ongoing corruption allegations linked to an alleged ₦8.7 billion fraud case.

Malami, who recently dumped the ruling All Progressives Congress (APC) for the African Democratic Congress, was affirmed as the party’s consensus candidate during consultations held by ADC stakeholders in Kebbi State.

The development was announced in a statement released on Sunday by his Special Assistant on Media, Mohammed Bello Doka.

In the statement, Malami expressed appreciation to party leaders and supporters for backing his ambition ahead of the 2027 governorship race.

I sincerely appreciate the confidence and support shown by leaders, stakeholders, and supporters of the African Democratic Congress in Kebbi State ahead of the 2027 general elections,” Malami said.

The former AGF also confirmed that the party agreed on candidates for key elective positions in the state through consensus arrangements.

According to the statement, “ADC Governorship Candidate for Kebbi State — Dr Abubakar Malami SAN,” while retired Major General Aminu Bande emerged as the party’s senatorial candidate for Kebbi Central.

The party also picked retired Deputy Comptroller General Ibrahim Muhammad Mera for Kebbi North Senatorial District and Garba Danjuma Limi for Kebbi South.

Malami said the ADC was focused on delivering “purposeful leadership, good governance, justice, security, and sustainable development for Kebbi State and Nigeria as a whole.”

He further stated that “together, with unity and determination, we shall build a more prosperous future for generations to come.”

Nigeria remains the World Bank’s third-largest borrower, with $18.5bn in debt exposure, as fresh data show the country’s reliance on concessional loans continues to rise amid economic reforms and infrastructure funding needs.

Nigeria has remained the third-largest borrower from the World Bank’s International Development Association (IDA), with the country’s debt exposure now standing at $18.5 billion as of March 31, 2026.

Fresh figures contained in the IDA’s March 2026 financial statements showed that Nigeria’s exposure dropped slightly from the $18.7 billion recorded in December 2025, representing a decline of about $200 million within three months.

Even with the slight quarterly drop, Nigeria’s debt to the World Bank has continued to rise on a yearly basis. The latest figure is about $1.2 billion higher than the $17.3 billion exposure recorded in March 2025, showing a 6.9 per cent increase over one year.

The new ranking places Nigeria behind Bangladesh and Pakistan among countries with the highest borrowing from the World Bank’s concessional lending arm. According to the report, Bangladesh remained the largest borrower with $22.7 billion exposure, while Pakistan followed with $19.2 billion. Nigeria came third with $18.5 billion.

Nigeria alone accounts for around eight per cent of the institution’s total loan portfolio and roughly 13.3 per cent of the combined exposure of the IDA’s ten largest borrowers.

The report further showed that the 10 largest borrowing countries account for about 60 per cent of the World Bank’s concessional lending exposure globally.

Nigeria’s rising exposure highlights the country’s growing dependence on multilateral financing to support infrastructure projects, social programmes, economic reforms and budget support amid ongoing fiscal pressures.

The Federal Government is also in talks with the World Bank for another fresh loan facility valued at $1.25 billion. If approved, total World Bank loan approvals secured by Nigeria since President Bola Ahmed Tinubu assumed office in May 2023 could rise to around $10.6 billion.

Four albums in, two Grammy nominations to his name, the most entries on the Billboard U.S. Afrobeats Songs chart, and the most-streamed artist on Spotify Nigeria, Asake drops M$NEY, his fourth studio album released on the 1st of May via GIRAN REPUBLIC and EMPIRE.

The 13-track project is Asake’s most sonically varied to date. It opens with a live choral performance (an unusual choice that immediately signals this is not going to be a straightforward Afrobeats record) and moves through orchestral arrangements, jazz-tinged strings, dance production, and amapiano before it is done.

Speaking on the album, Asake said: “M$NEY is a reflection of my spiritual and creative journey. Everything flows from a place of gratitude to God, and every moment that’s shaped me. I stay true to myself but also weave in new creative expressions from my life experiences and personal evolution.”

Fans got their first taste of the project as far back as February 2025 with ‘Why Love’, followed by ‘Badman Gangsta’ featuring French artist Tiakola, a track built around a reimagined sample of Amerie’s ‘1 Thing’ that turned out to be one of the more interesting sonic swings of his singles run.

Then came ‘Worship’ with DJ Snake, which pushed the project into full cross-continental territory.

The full album expands on all of that. Outside the previously released singles, the album includes ‘Gratitude’, ‘Forgiveness’, and ‘Asambe’, a collaboration with South African amapiano producer Kabza De Small. It’s a pairing that will likely draw attention, given both artists’ standing in their respective markets.

The album artwork was created by Iraqi-Dutch artist Arthar Jabar.