FRIDAY 6TH NOVEMBER 2025

FG Moves to Unveil Next Phase of Reforms to Accelerate $1 Trillion Economy Target

Hints of strong growth, investor confidence Tinubu hails reform gains Nigeria assumes chair of G24, lists five priority areas Edun: nation’s chairmanship to prioritise reforming global financial architecture, others

The federal government yesterday disclosed plans to unveil the next phase of its

economic reforms aimed at propelling Nigeria towards a one-trillion-dollar economy by 2030. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun,

disclosed this yesterday in Abuja when he provided an update on the administration’s Continued on page 9 economic reform performance

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GHL: AMCON in Gross Violation of Court Orders

Alleges attempt to corruptly take over assets

Alex Enumah in Abuja

The management of General Hydrocarbons Limited (GHL), has accused the Asset Management Corporation of Nigeria

(AMCON) of gross disobedi- ence to lawful orders of court and an attempt to corruptly take over its asset, over an alleged Non-Performing Loan, it purchased from First Bank

Oil company goes to Supreme Court over crude cargo, moves to set aside arbitration award

of Nigeria (FBN) Plc.

While insisting it never borrowed any money from AMCON in any shape or form nor had any Non-Performing Loans with FBN, AMCON or

any other Bank or Financial Institution, the GHL assured those involved of its determination to pursue lawful cause in seeking redress of the wrong.

In a statement, yesterday,

GHL noted that the move by AMCON to appoint a Receiver/Receiver Manager for the firm was in violation of a subsisting court order of a Federal High Court in Lagos,

Continued on page 9 which restrained the federal government’s agency from taking any action against the assets of the firm. Justice Lewis Allagoa had

US Weighs Military Options as Tinubu Restates Resolve to Defeat Terrorism

President says Nigeria continuing diplomatic engagement with global partners

Hegseth directs Africa Command to send plans for possible strikes in Nigeria

Baba-Ahmed advises Tinubu to address Nigerians on military threat

New US Congress resolution seeks visa ban for Miyetti Allah

Deji Elumoye, Emmanuel Addeh, Chuks Okocha in Abuja and Sunday Okobi in Lagos

In what appeared to be his first direct statement on the ongoing stand-off between Nigeria and the United States over alleged

Christian genocide in Nigeria, President Bola Tinubu yester- day declared that the country remained resolute in its fight against terrorism, despite dip- lomatic and political challenges. It was also learnt yesterday

Continued on page 9

OPENING CEREMONY OF COP30 HOLDING IN BELÉM, BRAZIL...

L-R: Vice President Kashim Shettima and Brazilian President, His Excellency, Luiz Inácio Lula da Silva, during the opening ceremony of COP30 holding in Belém, Brazil, yesterday

VISIT TO DILAPIDATED FACILITIES AT THE POLICE TRAINING COLLEGE, NONWA, IN RIVERS STATE...

Citing Impact on Nigeria’s GDP, FX, OPEC Govs’ Chair Demands Support for Dangote Refinery

Backs Naira-for-crude policy for local refineries Mckinsey warns of erosion of investor confidence with planned changes in PIA, delayed regulations

Peter Uzoho

Nigerian Chairman, Board of Governors of the Organisation of Petroleum Exporting Countries (OPEC), Mr. Ademola Adeyemi- Bero, has called for support for the 650,000 barrels per day Dangote Refinery because of the huge positive effect of the facility on the country’s Gross Domestic Product (GDP), foreign exchange savings, and other values to the nation.

But McKinsey & Company warned of the dire consequences of further erosion of investor confidence in the Nigerian oil and gas industry following some controversial proposals in the planned amendment of the Petroleum Industry Act (PIA) and the delayed implementation of some post-PIA regulations.

Adeyemi-Bero, who is also Founder and Managing Director of First Exploration & Petroleum Development Company (FIRST E&P), made the call in Lagos while presenting a keynote paper at the Pre-Conference Workshop of the Nigerian Association

of Petroleum Explorationists (NAPE).

He spoke on the theme, “Recent Trends in Divestments and Acquisitions in the Nigerian Oil and Gas Industry: Near and Long-term Implications.”

He said supporting Dangote and other local refineries to add value to Nigeria’s crude oil and gas, instead of exporting to earn foreign exchange, was a sure way to enable the country realise the national aspiration of $1 trillion economy by 2030.

Adeyemi-Bero said for 50 years, Nigeria’s oil and gas production, which was largely in the hands of multinational companies, had been used to facilitate the industrialisation of the Western nations while Nige- ria remained underdeveloped.

He faulted those who blamed Shell, ExxonMobil, and others for prioritising export of the volumes to their countries, saying they are businesses looking for feedstock for their industrialisation.

But with the change of dynamics in the Nigerian upstream oil and gas sector,

where indigenous companies now control the onshore and shallow assets, Adeyemi-Bero said it was time for the country to reverse the trend of exporting crude oil and gas, and focus on domestic consumption and value addition of the resources.

He specifically advocated declining export of crude oil

and gas, and encouraging lo- cal refining and processing of the feedstock by supporting Dangote Refinery and other small refineries in the country.

Reflecting on the gains of the subsidy removal policy of President Bola Tinubu, citing its usefulness to Dangote refinery, the OPEC chair stated that the

president would have returned fuel subsidies if the refinery were not there to produce fuel locally

Adeyemi-Bero explained, “Just look at the impact the Dangote Refinery has had on foreign exchange and gross domestic product growth. You can imagine if that had happened 50 years ago.

“If the president had said, ‘I’m cancelling subsidies, and I’m not going to allow multiple exchange rates,’ and we didn’t have the option of having petroleum products in this country, I’m sure he would have changed his policies and gone back to subsidies. It’s as simple as that. Let’s not over-aggregate.

Nigeria Leads West Africa in Climate Commitment, Eyes Investment Boost at COP30

Deji Elumoye in Abuja

Nigeria has positioned itself as West Africa’s climate action leader following its submission of the region’s first Third National De- termined Contribution (NDC 3.0) to the United Nations Framework Convention on Climate Change (UNFCCC).

That was as Vice President Kashim Shettima prepared to

Senate Urges FG to Patronise ANAMMCO, Confirm Company’s Production Capacity

Arinze in Enugu Senate Committee on Industry, Trade and Investments has urged both the federal and state governments to begin full patronage of ANAMMCO, one of Nigeria’s indigenous automobile manufacturers, as part of efforts to revive the country’s automobile sector and reduce dependence on importedChairmanvehicles. of the committee, Senator Adenigba Fadahunsi, made the appeal yesterday, during the committee’s oversight visit to the ANAMMCO production plant in Enugu. In his address, Fadahunsi said the lawmakers were impressed with the company’s capacity to assemble new vehicles and refurbish abandoned government- owned fleets. He said, “We have found out that a lot of potentials are being wasted because of non-patronage by federal and

state governments. Instead of wasting foreign resources we don’t have on importation, let us buy from our own. Whatever we buy here will be reinvested into the economy.”

Describing ANAMMCO as “a renewed hope,” Fadahunsi said the company had recovered from years of ownership disputes and was now proving that Nigeria could assemble and manufacture modern vehicles, including CNG-powered buses.

unveil Nigeria’s green transition roadmap to world leaders, in an effort to turn its climate commitments into concrete investment opportunities and projects.

Director General of Nigeria’s National Council on Climate Change, Tenioye Majeko- dunmi, disclosed the measures to newsmen at the ongoing 30th Conference of the Parties of the UNFCCC (COP 30) in Belém, Brazil, ahead of the summit’s openingMajekodunmiceremony.stated that Nigeria’s pioneering status as

the first West African nation to submit its National Determined Contribution positioned the country to leverage COP 30 for substantial investment gains and partnerships.

In 2015, 196 parties adopted the Paris Agreement in a landmark moment for global climate action at COP21 in Paris, France.

At the heart of the agreement were the NDCs, through which each party was required to com- municate its emissions reduction targets and plans to adapt to climate change every five years, from 2020 onward. According to Majekodunmi, “This is particularly what we call the implementation COP that we have all been waiting for here in Belem, and we are very excited that it has come. “COP 30 is particularly impor- tant for us in Nigeria because of the momentum that we have gathered in the last two months leading up to the summit. First with the submission of our NDC 3.0 and us being the first West African country to submit—this is a turning point for Nigeria.”

UNICEF Tasks South-west States on Ending Open Defecation, Attaining Sanitation Targets by 2030

James Sowole and Funmi Ogundare

The United Nations Children’ s Fund (UNICEF yesterday called on states in Nigeria’s SouthWest region to scale up efforts toward ending open defecation and achieving the Sustainable Development Goal (SDG) target on sanitation by 2030. Water, Sanitation and

Hygiene (WASH) Specialist with the United Nations Children’s Fund (UNICEF), Monday, made this call at a two-day media dialogue on accelerating actions to improve Urban Water, Sanitation and Hygiene in Nigeria organised by the Oyo State Ministry of Information in collaboration with UNICEF.

The dialogue, which drew

participants from the six states of Ogun, Oyo, Ekiti, Osun, Lagos, Oyo and Edo States, was held at Ilaji Resort and Hotel, Ibadan, Oyo State. Johnson emphasised that achieving a Citywide Inclusive Sanitation (CWIS) approach is key to ensuring equitable access to safe sanitation services for all urban residents, including those living in informal settlements.

TINUBU CONGRATULATING HIS NEW MINISTER OF SCIENCE AND TECHNOLOGy...

The new Minister of Science and Technology, Kingsley Tochukwu Udeh, being congratulated by President Bola Ahmed Tinubu at the swearing-in ceremony during the Federal Executive Council meeting held at the Presidential Villa, Abuja, yesterday

FEC Okays Concession of Port Harcourt International Airport, Gives Go Ahead For 8 Aviation Projects

The Federal Executive Council (FEC) rose from its meeting on Thursday and approved the concession of the Port Harcourt International Airport to private investors for more efficient management and improved service delivery.

The Council also approved the long-awaited contract for the provision of engineering infrastructure in Maitama 2 District of the Federal Capital Territory (FCT), Abuja.

State House, Abuja, shortly after the FEC meeting, which was presided over by President Bola Tinubu, however, assured aviation workers that the concession would not result in job losses.

sector more viable.

Keyamo assures of no job losses Council approves engineering infrastructure for Maitama 2 District Okays $396m loans for northern IDPs, Sokoto health project Approves presidential task force on ‘Detty December’ result of these concessions. I am pro-union, pro-workers, and I will engage them to ensure they are comfortable with the process”.Keyamo noted that the move was part of government’s effort to ensure that airports operate sustainably.

Aviation and Aerospace Management Minister, Festus Keyamo, who made this known while briefing reporters at the

He stressed that government remains committed to protecting workers’ rights while pursuing reforms to make the aviation

According to him: “We have two major airports now that we have approvals in terms of the business case to begin to finalise with private inves- tors. One of them is the Port Harcourt International Airport. Let me assure the unions that nobody will lose his job as a

Kaduna, China Partner on $450m Poultry Project to Boost Jobs, Food Security

Kaduna State is to host the pilot phase of the $450 million Nigeria-China Poultry Project aimed at creating over 350,000 jobs and strengthening Nigeria’s foodGovernorsecurity. Uba Sani announced this on Thursday while receiving the Chinese Ambassador to Nigeria, Mr. Yu Dunhai, and officials of the Nigeria-China Strategic Partnership (NCSP), at the Government House, Kaduna. Sani said the meeting, the visit was “not merely another diplomatic courtesy, but a

defining stride”. He said the project under- scores Kaduna’s growing role as a hub for agricultural and industrial development.

The governor thanked President Bola Tinubu, for choosing Kaduna as the pilot state for the project, noting that the choice “is a testament to the state’s leading role in nation’s agricultural sector.”

“With agriculture contributing 43 percent to our GDP and employing more than 60 percent of our citizens, this partnership will accelerate our pursuit of higher productiv- ity, sustainable growth, food

security, and broad-based prosperity,” the governor said.

He reaffirmed his administration’s commitment to partnerships that promote inclusive growth, enhance food security, and consolidate Kaduna as Nigeria’s agricultural powerhouse.

Speaking earlier, the Chinese ambassador commended Sani “reform-driven governance and enabling investment climate”.

He noted the stability and forward-looking policies make Kaduna an attractive destination for global partners.

Also speaking, the Director- General of the NCSP, Mr.

COREN President Visits Gov Yahaya, Hails Gombe State’s Urban Renewal Drive

Segun Awofadeji in Gombe

The President of the Council for the Regulation of Engineering in Nigeria (COREN), Engr. Sadiq Zubair Abubakar, has commended Governor Muhammadu Inuwa Yahaya of Gombe State for redefining urban development and infrastructural renewal in the North-East, describing Gombe as a model of purposeful leadership

and visionary governance.

Engr. Abubakar stated this yesterday when he led a COREN delegation, including the registrar and senior management officials, on a courtesy visit to the governor at the Government House, Gombe.

He said COREN decided to establish a regional office in Gombe to strengthen its presence in the North-East, citing the

state’s fast-rising status as an emerging hub for engineering excellence and sustainable development.

“We have seen first-hand the transformation taking place in Gombe under your leadership.

The new Shehu Abubakar District is a classical example of urban renewal anchored on proper planning and sustainability.

Joseph Tegbe, praised the state government for the swift approval and allocation of over 7,000 hectares of land for the immediate take-off of theHeproject.explained that under the Renewed Hope Infrastructure Fund, the project will be executed through a Special Purpose Vehicle (SPV) involving the Chinese government, the federal government, and the Kaduna state government.

He explained that many air- ports currently run at a loss, with revenue from Lagos, Abuja, and Kano used to subsidise others.

“Before we came in, Port Harcourt was a no-go area — no investor was interested. But today, because of the activities of this government, it has become the beautiful bride. Over six investors competed to manage the airport,” he said.

The Minister also listed other aviation-related approvals secured from FEC, including contracts for the maintenance and support services for airport management solutions across Nigeria’s five international airports; Abuja, Lagos, Kano, Port Harcourt, and Enugu, as well as the procurement and

installation of advanced tertiary power systems and navigational aids.

Additionally, the Council approved the purchase of 15 airport rescue and firefighting vehicles to meet International Civil Aviation Organisation (ICAO) standards and the construction of a permanent headquarters for the Nigerian Airspace Management Agency (NAMA) in Abuja. Another significant approval was the exclusion of all Federal Airports Authority of Nigeria (FAAN) residential properties within and around airports from sale to private individuals, a move aimed at preserving operational safety and security within airport environments.

FEC also approved the concession of biometric verification systems at airports to integrate passengers’ National Identification Numbers (NIN) into boarding processes, enhance aviation security, and curb the use of fake identities. Continues online

Court Sets Hearing in Landmark Case on Rape, Incest Victims’

Wale Igbintade

Justice Lewis Allagoa of the Federal High Court, Ikoyi, has fixed January 20, 2026, for the hearing of a landmark suit filed against the Attorney General of the Federation (AGF) by the Women Advocates Research and Documentation Centre (WARDC), seeking to enforce the rights of victims of rape and incest.

The case, filed under suit number FHC/LAG/975/2025, is also against other govern-

ment agencies, including the Minister of Health, the Minister of Women Affairs and Social Development, and the National Agency for the Prohibition of Trafficking in Persons (NAPTIP).

The applicants are repre- sented by a team of eminent lawyers, including Prof. Yemi Oke, SAN, Dr. Yinka Owoeye, Emmanuella Azu, Deji Folorunsho, and Oluwatobi Adeniregun.

WARDC is pushing the court to grant several key reliefs. Among these are

declarations that victims of rape and incest have a legal right to safe termination of pregnancy, comprehensive medical care, psychological support, and access to medical abortion services, as provided under the Violence Against Persons Prohibition (VAPP) Act.

The organisation also seeks any further orders the court may deem appropriate to protect the rights of victims.

During Thursday’s mention, the case was adjourned after all respondents failed to appear.

CLOSING CEREMONY OF THE RHI/HUAWEI WOMEN IN TECH TRAINING PROGRAMME...

Tinubu Felicitates THISDAY Editorial Board Chairman, Olusegun Adeniyi, at 60

Lauds his dexterity, brilliance, knack for excellence Tanimu Yakubu: He’s the quiet force of Nigerian journalism

Deji Elumoye in Abuja

President Bola Ahmed Tinubu has paid glowing tribute to the Chairman of THISDAY Editorial Board, Mr. Olusegun Adeniyi, on the occasion of his 60th birthday.

The president, in a tribute, hailed the celebrator’s dexterity, brilliance and knack for excellence in whatever he does as reflected in the books authored so far by him.

President Tinubu, in the eight- paragraph release stated, inter alia: “Dear Segun, with great delight, I extend my congratulations to you on your 60th birthday today.

“Turning 60 is an important milestone. I join your friends and family to celebrate you on this special day.

“As a journalist and one of our nation’s most-read columnists, you have set the pace for disciplined conversations and informed commentary.

“You have also remained a significant voice and conscience of many Nigerians through your dispassionate treatises on developments in our nation.

“As spokesman to the late President Umaru Musa Yar’Adua, you acquitted yourself well. As chairman of the editorial board of THISDAY newspapers, you have kept to the rubric of the

noble profession of journalism.

“I commend your dexterity, brilliance, and knack for excellence, clearly evident in the many best-selling books you have authored. You are one of our nation’s prolific chroniclers, and the fourth estate of the realm is fortunate to have you as an esteemed member.

“I thank you for your con- tributions to scholarship, and I pray that as you celebrate your diamond jubilee, God Almighty will grant you many years of goodAlso,health.”

a former Chief Economic Adviser to former President Umaru Musa Yar’Adua, Alhaji Tanimu Yakubu, while celebrating with Adeniyi described the foremost journalist as a quiet force of Nigeria’s Accordingjournalism. to a statement personally signed, he said,

“Segun Adeniyi stands today as one of Nigeria’s most endur- ing journalistic voices — a man whose pen has defined public discourse for more than three decades.

“As he turns 60, his name has become synonymous with integrity, courage, and the rare gift of turning complexity into clarity.Adeniyi’s journey from the bustling newsroom of THISDAY

to the nation’s conscience through his celebrated Friday Column reflects a career built not merely on reportage but on reflection — a lifelong search for truth told with balance and humility.

“His writings are never shrill, but always sharp; never self-righteous, but always guided by conscience. In an age of noise, he remains a voice of reason — measured, factual, and fair.”

Yakubu further said, “As Chairman of the Editorial Board of THISDAY Newspapers, Adeniyi’s influence extends beyond commentary. He has mentored generations of young journalists, instilling in them the ethos of accuracy, accountability, and“Hispatriotism. books — from Power, Politics and Death to Against the

Run of Play — offer rare insider chronicles of Nigeria’s political evolution, written with the candor of a participant-observer and the discipline of a historian.

“Those who know Segun Adeniyi describe him as calm to a fault, principled without pretence, and blessed with a deep faith in Nigeria’s possibility. He writes not to impress but to instruct; not to condemn but to illuminate.

“Each column, each book, each speech affirms his belief that ideas still matter — and that journalism, at its best, is an act of public service. At 60, Segun Adeniyi remains the conscience of Nigeria’s newsroom — a chronicler of power, a guardian of truth, and a quiet custodian of national memory.

“His life and work remind us that moral clarity and professional excellence are not mutually exclusive, and that in telling

Senate Confirms Enugu AttorneyGeneral Kingsley Udeh as Minister

Sunday Aborisade in Abuja

The Senate on Thursday confirmed the nomination of Kingsley Udeh, a Senior Advocate of Nigeria (SAN) and Attorney-General of Enugu State, as a minister of the Federal

Experts Highlight Strategies to Excel in Content Creation at UBA Business Series

Kayode Tokede

A group of experts at the United Bank for Africa (UBA) Series yesterday have urged content creators and brands to focus on authenticity, data and discipline to build trust and longevity in the digital economy. This call to action came during the final edition of the UBA Business Series 2025 in

Lagos, themed, “Content That Converts: Building Engagement in a Digital World.”

The event brought together marketing experts, influencers, and entrepreneurs to discuss how creativity and professionalism can drive business growth in an age of algorithms and attention scarcity. In his welcome address, Group Head of Digital Banking,

UBA, Kayode Olubiyi, affirmed the financial institution’s commitment to empowering entrepreneurs and small business owners through a series of groundbreaking digital innovations designed to simplify payments, expand access to finance, and improve customer experience across Africa.

“At UBA, our unwavering

commitment to supporting entrepreneurs remains at the heart of what we do. We believe that access to the right tools and platforms is essential for success,” Olubiyi stated.

“Creating content strengthens expertise and brand trust. To shape the future, we must seize opportunities boldly and build globally competitive solutions from our local base,” he said

Republic, following a screening session during plenary.

Udeh’s confirmation came after an interactive session in which senators described him as an accomplished professional whose experience and intellect would add value to the Federal Executive Council (FEC).

Responding to questions from lawmakers, Udeh assured the Senate that he would serve the nation with diligence, integrity, and commitment to the ideals of President Bola Tinubu’s Renewed Hope Agenda.

He expressed readiness to handle any portfolio assigned to him, noting that his legal training and diverse professional background had equipped him for service in various sectors of governance.

Udeh said, “If you are a good lawyer, you should be able to fit in any area of life.

“By the grace of God, my career and professional stints have spanned various aspects of human endeavour, and I am prepared to serve Nigeria wherever I am posted.”

Senator Asuquo Ekpenyong (APC, Cross River South), who posed the question about adapt- ability outside the legal sphere, commended Udeh for his broad understanding of governance and policy issues, saying the nominee’s responses reflected competence and humility.

After the screening, Senate President Godswill Akpabio put the nomination to a voice vote, which was overwhelmingly approved by the lawmakers.

Kyari: Food Prices Crashing Amid Targeted Market Interventions

James Emejo in Abuja

Minister of Agriculture and Food Security, Senator Abubakar Kyari, yesterday declared that food prices of food items have declined across several commodities, attributing the drop to ongoing targeted market interventions by the federal government.

Speaking at the opening of the 47th Meeting of the National Council on Agriculture and Food Security in Kaduna State, the minister noted that “While we are not yet where we want to be, this positive trend confirms that

we are moving in the right direction”.

He said the first step toward food sovereignty was ensuring consistent, high-yield production through timely access to quality and affordable inputs.

The minister pointed out that while agriculture remains the single largest employer of labour in the country, contributing more than one-quarter of GDP, it constitutes a measure of the nation’s resilience and the foundation of its collective renewal - a driver of industry, pillar of national stability, and

promise of the future.

He said the council was working to deliver on President Bola Tinubu’s charge that farmers must transition from hoes and cutlasses to tractors and harvesters while food sufficiency must be the first currency of national stability.

Kyari said food sovereignty had become the driving momentum of the country’s agricultural transformation, ensuring that food security is built on local capacity, national ownership, and inclusive growth.

The minister noted that earlier in the year, the Bank

of Agriculture (BoA) was approved to be recapitalised with ₦1.5 trillion, alongside an additional ₦250 billion financing window for smallholder farmers, marking a decisive step toward repositioning the bank as the anchor of Nigeria’s agricultural financingHesystem.added that BoA in partnership with Heifer Nigeria, had launched the Renewed Hope National Agricultural Mechanisation Programme, a transformative tractor financing and management initiative designed to expand affordable access

to mechanization services nationwide.

The programme, he said, supports a new generation of mechanisation service providers, particularly farmers, youth, and women, by providing access to fully equipped tractors, preventive maintenance support through mechanisation hubs, and training to ensure proper use and sustainability.

He said wheat production has continued to expand across the country, growing from 15 participating states in the 2023/2024 dry season to broader coverage in the

us Wei GH s Mi L itA ry O P ti ON s A s t i N ubu r estAtes r es OLV e t O d efe At

Ministry of Innovation, Science and Technology respectively.

2024/2025 season.

According to him, the increase in scale reflected ongoing efforts to enhance production capacity and boost self-sufficiency in key staples.

ris M that the United States was considering several options in its planned military intervention in Nigeria, including airstrikes on known compounds in northern Nigeria inhabited by militant groups.Tinubu spoke after swearing in two new ministers, Dr. Bernard Mohammed Doro, and Dr Kingsley Tochukwu Udeh (SAN), who will oversee the Ministry of Humanitarian Affairs and Poverty Reduction, and

Speaking shortly before the commencement of the Federal Executive Council (FEC) meeting at State House, Abuja, the president stated that Nigeria “will defeat terrorism in our country”, signalling his commitment to national security and stability. He acknowledged the political headwinds Nigeria currently faced, but emphasised continued diplomatic engagement with

globalNigeria’spartners.current face-off with the US centred on allegations of religious persecution and human-rights abuses. The US administration under Donald Trump publicly criticised Nigeria over reported attacks on Christian communities and what it described as insufficient protection of religious minorities.

Besides, Washington signalled the possibility of punitive measures, including sanctions

GHL: AMCON i N Gr O ss Vi OLAti ON O f C O urt Orders

issued the restraining order on September 23, 2025 and also reinforced the same order on October 22, 2025, in respect of a suit marked: FHC/L/ CS/1903/2025.

However, AMCON had gone ahead to appoint one Oluseyi Akinwunmi as Re- ceiver/ Manager of General HydrocarbonsAkinwunmi,Ltd.claimed that both the Deed of Appointment and Notice of Appointment were dated September 18, 2025, and duly registered under the provisions of the Companies and Allied Matters Act 2020.

Reacting, however, GHL faulted the appointment of Akinwunmi as a Receiver/ Manager over its asset, when the issue was pending before the court.

“General Hydrocarbons Limited (GHL) notes the unlawful attempt by the Asset Management Corporation of Nigeria (AMCON) to appoint a Receiver over GHL in spite of a subsisting Court Order issued by Justice Lewis Allagoa in Suit No: FHC/L/CS/1903/2025 on the 23rd of September 2025 and reinforced in the presence of AMCON that were in court on the 22nd of October 2025, which states amongst others as follows:

“That an order of interim injunction is granted restraining the defendants (AMCON, MD of AMCON, FBN & AGF) either by themselves or acting through their servants, agents, assigns, privies, affiliates, how- soever described including any person claiming under their authority from taking any steps or continuing with any

steps whatsoever to enforce any rights against the Ap- plicant (GHL) or its assets, including but not limited to freezing the accounts of the Applicants, its Directors or Shareholders, the appointment of a Receiver/Receiver Manager, Asset Manager, Recovery Agent, etc, over the Applicants (GHL), the Applicant’s assets, or as- sets belonging the Applicant’s Directors or Shareholders on the basis of the Loan Purchase and Limited Service Agreement, the Outstanding Exposure Tripartite Deed, the Intercreditor and Security Sharing Agreement, or any other agreement related to the 1st Defendant’s (AMCON’s) purchase of the 3rd Defendant’s (FBN’s) Non-Performing Loan (the Atlantic Energy’s loan) against the Applicant (GHL), pending the hearing and determination of the Motion on Notice in this suit.

“We expect institutions and Government agencies to obey Court Orders and govern Nigeria based on the rule of law. This attempt by officials and institutions to abuse the Court process and corruptly take over assets belonging to GHL will be determined according to law.”

The organisation disclosed that the matter of its Crude Oil was already pending at the Supreme Court in Suit No: SC/CV/929/2025, wherein it “has moved to set-aside the inconsistent arbitration award at the Federal High Court in Suit No: FHC/L/CS/2241/2025.”

The management, therefore, disclosed that GHL and all the other parties in the suit would be returning to Justice Allagoa’s

court on November 11, 2025, where GHL would report the “flagrant abuse and material non-disclosure and disobedience of Justice Lewis Allagoa’s Orders.

“As law abiding citizens, we urge all our stakeholders to remain calm as we believe justice will be served according to the law,” the statement added.

GHL further revealed it has filed action at the Supreme Court over crude cargo and also to set aside the recent arbitration award against it.

at the Federal Executive Council (FEC)Edunmeeting. said the next phase of the reform agenda would focus on removing barriers to investment and enhancing productivity.

The update came as it emerged yesterday that Nigeria’s representative in G-24, Edun, had taken over the chairmanship of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Devel- opment, otherwise known as Group of 24 (G-24). Edun took over the chairmanship of the group on November 1 for a one-yearBriefingterm. FEC on the reforms during the meeting at Council Chambers of State House, Abuja, chaired by President Bola Tinubu, Edun outlined key measures underway. He said they included a comprehensive review of tariffs and import restrictions designed to boost business confidence and attract new waves of capital investment

and, in more dramatic rhetoric, potential military intervention, if the situation was not addressed. But Abuja rejected the accusa- tions, describing them as exag- gerated and politically motivated. Nigerian officials stated that the violence in the affected region was driven more by banditry, competition over land, and broader insecurity, rather than a deliberate, state-backed campaign against Christians. They emphasised that both Muslim and Christian communities had suffered casualties and that the government was already taking steps to improve security.

Tinubu Pledges to Crush Terrorism

Tinubu said, “The most important thing is the fact that despite the political headwind and the fear of our people, we will continue to engage with our partners. The success of the 2.3-billion-euro bond oversubscribed is the most at thisThestage.”president called for unity and renewed purpose, underscoring the importance of the task ahead and his plan

into the economy.

The minister explained, “The next phase of reforms will remove barriers holding back investors. We will review tariffs and import restrictions to stimulate productivity and investment.

“A detailed review of the federation and federal balance sheets is underway to optimise asset management for inclusive growth.

“We are improving fiscal reporting and budget realism, tightening expenditure frame- works and ensuring reforms gains are made available to all Nigerians.”

Edun added, “The Tinubu-led administration is also strength- ening fiscal reporting and budget transparency, tightening expenditure frameworks, and ensuring the gains of ongoing reforms are equitably shared among all Nigerians.”

He further disclosed, “In Q2 2025, Nigeria’s GDP grew by 4.23 per cent, the highest in a

to build a prosperous nation.

He stated, “The task ahead is immense but we are resolved to move forward with unity and purpose, guided by renewed hope, an agenda to build a prosperous, inclusive, and resilient Nigeria. Thank you very much.”

Idris: FG Responding Decisively to Security Concerns Minister of Information and National Orientation, Mohammed Idris, also on Thursday, explained that the federal government was responding decisively and responsibly to recent security concerns.

Idris stressed that there was no cause for panic, as efforts to contain terrorism and protect citizens’ constitutional rights had intensified.

Answering reporters’ questions after the FEC meeting, Idris said the government at the centre remained firmly committed to ensuring that every Nigerian was safe. He said the right to freedom of worship, guaranteed under the constitution, would continue to be upheld without fear or intimidation.

decade, outside the COVID-19 rebound. Thirteen sectors recorded growth above seven per cent, up from nine in the previous quarter, showing broad-based resilience.

“The industrial sector nearly doubled its growth from 3.72 per cent to 7.45 per cent, reflecting rising productivity and investor confidence.

“Inflation eased to 18 per cent in December, while, as we know, foreign exchange reserves topped $43 billion, and our trade surplus topped N7.4 trillion. These are clear examples of macroeconomic stability.”

The minister also stated, “As the consumer spending basket published earlier this year shows, our citizens now spend, maybe, about half of their income on basic needs, food, shelter and clothing, and as compared with almost 90 per cent previously, this signals a country moving from sub- sistence towards productivity and, indeed, affluence.”

The minister acknowledged that cases of violent extremism persisted in parts of the country, but maintained that security agencies were actively addressing the situation, in partnership with regional and international allies. According to him, “The killing of even one Nigerian is of concern to the government of Nigeria. Our constitution guarantees every citizen the right to worship without lethal hindrance, and we are fully committed to that.”

The minister dismissed sug- gestions of instability within the administration, saying Tinubu and members of the Federal Executive Council remain calm, focused and united.

He stated, “Yes, there are security issues; yes, people are being killed in some areas. But the government is responding, and doing so with the utmost sense of responsibility. There is no panic mode here. The president is calm; the council is calm. The government is stable.”

He stressed that Nigeria was working closely with the international community and

Continued on page 34

Edun said Nigeria’s removal from the Financial Action Task Force (FATF) grey list marked a significant milestone in strengthening the country’s financial integrity and global confidence.

He emphasised that a major takeaway from the meeting was the urgent need to mobilise domestic resources and channel greater investments towards infrastructure development and job-rich economic growth. He added, “Hugely successful $2.35 billion Eurobond issuance, in which the order book peaked at over $13 billion, is a testament to continued investor confidence in our country and our reform agenda and Mr. President’s leadership. Despite the political headwinds which we are all aware of, the market shrugged off those political considerations and focused on the economic fundamentals of Nigeria. “We remain committed to

Continued on page 35

4th NigeriaN admiralty law Colloquium...

Senate Orders NAFDAC to End Sachet Alcohol by December 2025, Bans Further Extension

Lawmakers warn of health crisis, youth addiction, and social disorder from cheap liquor

The Senate on Thursday issued a decisive order to the National Agency for Food and Drug Administration and Control (NAFDAC), to enforce a total ban on the production and sale of alcoholic beverages in sachets and small plastic bottles by December

2025, warning that no further extension of the deadline would be tolerated.

The upper chamber’s resolu- tion followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), who raised alarm over NAFDAC’s repeated extensions of the phase-out date,

despite the grave health and social risks posed by sachetpackaged alcohol.

Ekpenyong reminded the Senate that NAFDAC had initially fixed 2023 as the deadline before shifting it to 2024, and later to 2025, a pattern he said had emboldened manufacturers to lobby for further delays.

He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.

Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.

FMDQ Group Celebrates Market Excellence at 8th Annual GOLD Awards

FMDQ Group PLC has once again honoured exceptional performance and innovation in Nigeria’s financial markets at its 8th Annual GOLD Awards, reaffirming its commitment to celebrating market excellence and fostering industry development.

The 2025 edition of the prestigious FMDQ GOLD Awards, which recognises market participants and stakeholders for their contributions between October 2024 and September 2025, was commemorated through

a special publication across the Group’s digital platforms and select media outlets.

Since its inception in 2018, the FMDQ GOLD Awards have evolved into one of Nigeria’s most anticipated financial market events, spotlighting outstanding achievements that have shaped the country’s debt capital, foreign exchange, and derivatives markets.

Commenting on the significance of the Awards, Group Chairman of FMDQ Group PLC, Dr. Jibril Aku, noted that this year’s edition reflects both market resilience

and innovation despite challenging economic conditions.

Aku, stated: “The 2025 FMDQ GOLD Awards are not just a recognition of excellence; they showcase the resilience of our markets and the innovation of our stakeholders. Despite changing economic conditions, market participants have consistently demonstrated adaptability and impact - showing that Nigeria’s financial markets can drive sustainable transformation and progress.”

In her congratulatory message, Group Chief Operating

Arbitration Reform Key to Business Growth, Says Etiaba

Folalumi alaran in Abuja

Senior Advocate of Nigeria, Emeka Etiaba, has called for urgent reforms in Nigeria’s arbitration system to restore confidence in alternative dispute resolution and enhance the country’s business recovery and insolvency framework. He made the remarks in Abuja when the President

of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), Mr. Chimezie Ihekweazu, led a delegation of the association on a courtesy visit to his firm yesterday in Abuja. Etiaba expressed concern over the way arbitral awards are frequently subjected to prolonged litigation, describing arbitration in Nigeria as not

what it should be.

He noted the process often becomes a waste of time when losing parties challenge the registration of properly rendered arbitral awards in court.

“When people embark on arbitration and they lose, they suddenly realize they can commence legal action challenging the registration of arbitral awards.

Officer, FMDQ Group PLC, Ms. Tumi Sekoni, added: “This year’s edition, presented through a special publication, continues FMDQ’s proud tradition of honouring the outstanding contributions of market participants and stakeholders, whose dedication continues to drive growth, enhance transparency, and build greater resilience across our markets and industry.”

“It promotes addiction, impairs cognitive and psychomotor development, and contributes to domestic violence, road accidents, and other social vices.”

The motion drew wide bipartisan support, with lawmakers condemning the proliferation of cheap, high-alcohol-content drinks sold in small sachets, describing them as “silent poisons” targeted at vulnerable Nigerians.

Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.

“These drinks are cheap, potent, and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.

Senate President Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate.”

Akpabio said “Any motion that concerns saving lives is urgent. “If we don’t stop this

extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”

The Senate’s resolution underscored growing national anxiety over the health and social consequences of unregulated access to cheap alcohol.

Lawmakers noted that such products have become com- monplace near schools, markets, and motor parks, often sold to minors for as little as N100.

According to the motion, the Federal Government, in 2018, entered into a five-year Memorandum of Understanding (MoU) with key industry stakeholders, including NAFDAC, the Federal Ministry of Health, the Federal Competition and Consumer Protection Commission (FCCPC), and the Association of Food, Beverage & Tobacco Employers, to phase out the packaging of high-strength alcohol in sachets due to public health concerns.

Popular Lagos socialite and nightlife promoter, Mike Nwalie, widely known as Pretty Mike, was yesterday arraigned before a Federal High Court in Ikoyi, Lagos, over alleged involvement in drug-related offences.

Nwalie, who owns Proxy Lagos Night Club, was arraigned alongside the club’s supervisor, Joachim Hillary (32), by the Federal Government of Nigeria through the National Drug Law Enforcement Agency (NDLEA).

The duo appeared before Justice Ambrose Lewis-Allagoa on a three-count charge bordering on conspiracy, possession of narcotics, and allowing the use of club premises for illegal drug activities.

According to the charge dated October 30, 2025, the offences allegedly occurred on or about October 26, 2025, at No. 7 Akin Adesola Street, Victoria Island, Lagos, where Proxy Lagos is located.

In count one, the NDLEA accused both defendants of conspiring to organise a drug

party at the nightclub, during which operatives allegedly recovered a cache of illicit substances.

The agency said the seized items included 200 grams of Cannabis Sativa and 177 cylinders of Nitrous Oxide (laughing gas) weighing 364.662 kilograms - a substance it described as “harmful and commonly abused.”

The prosecution stated the alleged offence violates Section 14(b) of the NDLEA Act, Cap N30, Laws of the Federation of Nigeria, 2004.

Politics

Email:

All Eyes on INEC, as Anambra Guber Poll Holds Saturday

David-Chyddy Eleke reports that every group meant to participate in the a nambra state governorship election which holds on Saturday seems set for the exercise.

Tomorrow, November 8, 2025, over 2.8 million registered voters in Anambra state would be going to the polls to elect a governor. All agencies and organizations participating in the election seem to have dotted Is and crossed Ts, to ensure a seamless exercise. From the Independent National Electoral Commission (INEC) to lead security agency involved on the election conduct; the police and other sister organizations, then the media and civil society, all seem set for the exercise. Political parties and their candidates are also no less prepared.

Days leading up to the election have been full of activities for all participating groups, with several trainings already held to ensure that agency staff involved in the conduct give out their very best.

On Tuesday, the Inspector General of Police, Dr Kayode Egbetokun announced the deploy ment of CP Abayomi Shogunle, to Anambra to head election duty. Police is the lead security agency for election conduct in Nigeria, while the Nigerian Security and Civil Defense Corps (NSCDC) and the Department of State Services (DSS) also help out.

To ensure that police personnel deployed for the election conduct give out their best, the IGP financed a two-day training organized by GTA Consulting, where various lectures by industry experts were dished out to police personnel. The training which was coordinated by Mr Johnson Ateghie also featured lecture from a professor of Criminology from University of Uyo, Akwa Ibom State, Prof. Aniekan Brown who tutored officers and men on global best practices for security officials to conduct themselves during elections.

Brown during a paper presentation said: “Your job as security operatives is to ensure protection of lives and properties. You must do well to be civil, and put up a disposition that will encourage people to come and vote rather than frighten them. Knowing that your job is to protect lives and property, I dare say that if one person dies in the course of the election, you are deemed to have failed. If properties are destroyed, you have also failed. So you must employ global best practices in following your election duty.”

Also, the coordinator of the workshop, Mr Johnson Ateghie called on security personnel participating in the election to be civil and ensure that protection of lives and property remains their cardinal focus.

Head of security during election duty, CP Abayomi Shogunle who has already resumed has also expressed the readiness of security personnel to ensure that all go well. The commencement of duty by Shogunle was conveyed in a press release by the spokesperson for the Anambra State Police Command, SP Tochukwu Ikenga who announced that Shogunle had already resumed as the Commissioner of Police to take charge of policing in the State for the Saturday’s Anambra election and has started strategic planning.

Ikenga said: “Upon assumption of duty, CP Shogunle activated the IGP’s Enforcement Protocol for anti-electoral offences to ensure zero tolerance for ballot snatching, vote-buying, political thuggery, and voter intimidation. The CP has also emplace a central command framework to ensure real-time intelligence sharing, coordination, and rapid response with a joint deployment of over 60,000 security personnel of agencies within the Inter-Agency Consultative Committee on Election Security (ICCES) who will secure the 5,720 polling units with tactical reserves along inter-LGA and State boundaries, and also designated election collation centers.”

Ikenga quoted Shogunle as reiterating a total ban on all vigilante groups and all other quasisecurity groups in the state as only the federal government security agencies are authorized to provide election security duties as provided by the laws of the federation. He said VIP movements with armed escorts or security aides at polling or collation centres are strictly prohibited, as violators will face immediate apprehension, withdrawal of such escorts, and

prosecution. “Only designated INEC officials, accredited observers, and journalists are allowed to move freely between designated areas,” Shogunle said.

On his part, the newly appointed Chairman of Independent National Electoral Commission (INEC), Prof Joash Ojo Amupitan who was in the state for the peace accord signing ceremony organized by the National Peace Committee (NPC) for political parties’ chairmen and candidates, and who was also present at a stakeholders meeting organized by INEC,

affirmed that the Anambra governorship election scheduled for November 8 would be credible. He said the election will be his first test in office, and that he was ready to deliver. He said: “As INEC chairman, I’m proud to be part of this peace accord signing for Anambra 2025 off cycle election. I was appointed recently and this is going to be my first assignment and I’m committed to ensure that this election is fair, credible and free. As much as we are committed to peace, we can only succeed if we have corresponding support

from all the stakeholders. After witnessing the national peace accord signing five years ago, we decided to devolve it to involve not just the presidential election but states. This was because of the violence that had followed some elections in the past. We have had this several times and this is the second time it is happening here in Anambra. Parties have always honored the accord and we have always had peaceful election.

“Today we gather just days to the election and as an election body I want to assure that INEC is ready to deliver global best practices. It is not the signatures on this papers that bring peace, it is the commitment of those involved. So as you append your signature to this, ensure that the message is cascaded to all your supporters.

“By signing the peace accord, you are not only agreeing to this but showing that democracy can only thrive where peace prevails. Let us work together to ensure that the coming election is remembered for peace. Anambra is a microcosm of Nigeria and this election will be significant to other elections that are coming up. He urged voters to expect significant improvement in election day logistics, saying the election will be an improvement in every area. He said abiut 2.8million voters will decide the winner of the election, and that the commission ensured full participation by extending the collection of Permanent Voters Card (PVC) until Sunday. He assured that his mandate is to deliver credible election and that any individual trying to subvert the will of the people will be met with stiff resistance.

Speaking during the same ceremony, the Inspector General of Police, Kayode Egbetokun who was represented at the signing ceremony by DIG Benjamin Okolo assured that the police will ensure maximum security during the election. He warned separatist elements; Indigenous People of Biafra (IPOB) and their armed group, Eastern Security Network (ESN), saying any attempt to disrupt the election would be resisted.

NOTE: Interested readers should continue in the online edition on www.thisdaylive.com

Trump’s Threat: Matters Arising

Etim Etim advises President Bola Tinubu to take immediate steps towards addressing issues raised by United States President donald Trump in declaring Nigeria as a country of particular concern over alleged genocide against Christians in the country.

Less than a week after President Donald Trump issued his weekend ‘’guns-a-blazing’’ threats to bomb terrorist locations in Nigeria, Senator Ted Cruz has vowed to release names of Nigerian officials who are complicit in these high crimes against the Nigerian people. In a tweet Tuesday night, the Texas sena tor praised President Trump for declaring Nigeria CPC (country of particular concern) and pledged to continue to fight to protect Nigerian Christians and Christians all over the world. He writes: ‘’I have been pushing legislation to designate Nigeria a CPC and to impose sanctions on the Nigerian officials responsible…Now we should take the next step and hold Nigerian officials accountable. I intend to be very explicit about who they are in the coming days and weeks’’.

I look forward to seeing the names that would be released by Senator Cruz. I will plead with the Senator to go beyond and publish names of those politicians who have, in addition, looted this country dry and bought properties all over the world.

Enough is enough! Senator Cruz is the Republican Senator from Texas who is the main accuser of the Nigerian government of allowing terrorists to kill Christians. Even if you disagree that there’s been genocide against Christians in Nigeria, there’s no debate about the fact that hundreds of thousands of Nigerians have been slaughtered in this

country by terrorists, and the government has been incapable of combating the crimes. Meantime, the Tinubu administration has gone into overdrive to save face and manage the humiliating crisis that is unfolding daily.

A delegation of government officials, led by Emmanuel Bwala, has been dispatched to Washington, DC, to offer government’s position on the matter and try to put a positive spin on the beleaguered administration in Abuja. But it’s not clear what such a low-level delegation would achieve. When Buhari was facing a similar meltdown, it was Vice President Yemi

Osinbajo, an erudite law professor that did the dirty job of cleaning up the mess.

There’s no such a guy in this administration. To shift attention from its inability to stop terrorism, the government is cleverly focusing attention on the issue of genocide, and avoiding to address the main focus of President Trump’s threat.

The central core of this problem is the unabated killings of Nigerians, both Christians and Muslims, by terrorists and the seeming inability or unwillingness of the Nigerian authorities to combat it. President Trump’s statement on Saturday only threatened ‘’to completely wipe out the Islamic terrorists who are committing these horrible atrocities’’ if the Nigerian government could not stop the killers. There’s no debate about the provisions of our Constitution. It is therefore baffling that instead of the government telling the world how it intends to stop the terrorists, its officials are busy quoting the Constitution to stress that genocide is not tolerated in the country. Some are even making the ridiculous claim that more Muslims have been attacked or murdered than Christians, as if is okay for any Nigerian to be killed by terrorists.

-Etim writes from Abuja.

NOTE: Interested readers should continue in the online edition on www.thisdaylive.com

ProPerty & environment

Lagos, NCF Call for Collaboration against Plastic, Environmental Pollution

Bennett Oghifo

Lagos State Government and the Nigerian Conservation Foundation (NCF) have called on citizens and corporate entities to join in the fight against plastic and other forms of pollution in Lagos State.

Lagos State Governor, Babajide Sanwo-Olu made the call at the 19th ‘Walk for Nature’, an annual event jointly organised by the Lagos State Government and the Nigerian Conservation Foundation (NCF) at the Multipurpose Hall, Yaba College of Technology (Yabatech), Lagos, on Saturday, 1st November 2025.

The governor, who was represented by his Special Adviser on Environment, Engr. Olakunle Rotimi-Akodu, said the theme for this year’s edition, “Lagos, Let’s Beat Plastic Pollution,” is both urgent and inspiring. “It speaks directly to one of the most pressing environmental challenges of our time, the unchecked use and improper disposal of plastic waste.”

According to him, “Nigeria generates about 2.5 million tonnes of plastic waste annually, and Lagos alone accounts for approximately 870,000 tonnes, of which less than 12 percent is recycled. These plastics block drains, worsen flooding,

endanger marine life, and pose serious health risks to humans.

“The burden on our environment is enormous, and the solution must begin with all of us, through collective responsibility, behavioural change, and conscious environmental stewardship.”

The Lagos State Government, he said, has taken bold and practical steps to address this challenge. “Earlier this year, we commenced the enforcement of the ban on single-use plastics and Styrofoam containers, aimed at curbing littering and drainage blockages. Through the Lagos State Waste Management Authority (LAWMA), we have

strengthened waste collection and recycling systems, introduced the Blue Box Programme for waste separation at source, and expanded waste-to-wealth initiatives that convert recyclables into economic opportunities.”

He said, “In partnership with private recyclers, international development agencies, and Producer Responsibility Organizations (PROs), Lagos has also implemented the Extended Producer Responsibility (EPR) policy, ensuring that manufacturers play an active role in recovering and recycling plastic packaging. Our Environmental Marshals are now better equipped to enforce sanitation

laws, with stiffer penalties for illegal dumping.

“We have also increased investments in recycling infrastructure, public awareness campaigns such as the Walk for Nature, and community clean-up exercises across local governments. The Cleaner Lagos Initiative continues to empower waste managers, improve landfill operations, and foster stronger public-private partnerships in waste recovery and recycling.

“Beyond enforcement, we are working with innovators to develop sustainable alternatives to single-use plastics and promoting environmental education through schools and community

outreach programmes.

“However, government effort alone is not enough. Every Lagosian must take responsibility. Let us adopt and practice the 8Rs of sustainable living — Reduce, Reuse, Recycle, Rethink, Repair, Re-gift, Recover, and Refuse.

“Refuse what you do not need, reduce your plastic use, and recycle what you can. Businesses must embrace the principles of Extended Producer Responsibility, redesigning packaging to minimize waste. Our schools must continue to teach environmental stewardship, and our communities must organize periodic clean-ups and recycling drives.”

Pumpkin Property Launches Sales for Kaduna’s Most Luxurious Estates

Fadekemi Ajakaiye

In a major step toward redefining residential living in Northern Nigeria, Pumpkin Property Ltd. has signed a Memorandum of Understanding (MoU) with AlNuri Duniya Nigeria Limited to develop, market, and sell properties across two premium estates; Prime Living Estate and Prime View EstatE, both located in the heart of Millennium City, Kaduna.

A statement by the Head,

Marketing Communications, Pumpkin Property, Helen Mashat, “The MoU, signed on Thursday, October 16, 2025, establishes Al-Nuri Duniya as the developer and Pumpkin Property as the sole promoter of the two projects. This partnership marks a significant milestone in their shared vision to deliver modern, sustainable, and accessible housing solutions that cater to diverse income groups in Kaduna and beyond.”

Prime Living Estate represents

the pinnacle of luxury and smart living, featuring elegantly designed 4-, 5-, and 6-bedroom duplexes complete with penthouses, private elevators, and advanced smart-home technology. The development blends architectural sophistication with innovation and comfort, offering residents a refined lifestyle within an exclusive gated community.

Prime View Estate, designed for medium-income families and individuals, offers a mix

of 2- and 3-bedroom bungalows that balance affordability with quality and style. The estate provides residents with serene surroundings, modern infrastructure, and proximity to key urban amenities, making it an ideal choice for functional and convenient living.

Speaking on the partnership, Mr. Oladeji Bamidele, MD/ CEO of Pumpkin Property, described the agreement as a strategic alignment of shared goals between two reputable

real estate brands.

“This partnership with Al-Nuri Duniya underscores our vision to expand access to premium housing options in Kaduna. With Prime Living and Prime View Estates, we are combining Al-Nuri Duniya’s development expertise with our marketing strength to deliver exceptional residential communities that meet the needs of both luxury and mid-income buyers,” he stated.

In his remarks, Mr. Muham-

mad Nura Abdullahi, Managing Director, Al-Nuri Duniya Nigeria Limited commended the collaboration, noting that the project would not only elevate Kaduna’s urban profile but also stimulate local economic growth in the state’s real estate ecosystem. Both estates will feature reliable power supply, green spaces, robust security systems, and modern infrastructure, reflecting the partners’ commitment to quality, innovation, and sustainable urban development.

‘Sustaining the Lead in Climate Governance Ranking 2025 is a Collective Triumph for all Lagosians’

Tokunbo Wahab

As the Honourable Commissioner of Lagos State, it is with immense pride that I reflect on the performance of Lagos State in the 2nd Edition of the Subnational Climate Governance Performance Ranking (SCGPR 2.0) developed and released by the Society for Planet and Prosperity (SPP), under the leadership of Professor Chukwumerije Okereke, in collaboration with the Department of Climate Change (DCC), Federal Ministry of Environment and other development partners – the report of which was launched in Abuja on 14 October 2025 by the Honourable Minister of Environment, Mr Balarabe Abbas.

For two consecutive years now, Lagos has been rated Nigeria’s best-performing state in Climate Governance, this time scoring 315 out of 360. This achievement is not just about numbers; it reflects years of deliberate work, strong policies, and the collective effort of every stakeholder, our agencies, partners, and the people of Lagos in advancing climate action. It also shows how evidence-based benchmarking such as the SCGPR directly drives innovation, institutional reform, and service delivery. By continuously aligning our priorities with the ranking indicators, we have been able to focus on high-impact sectors — protecting more than 3 million residents in flood-prone areas, supporting over 150,000 households with cleaner energy options, and strengthening livelihood resilience across our 57 Local Government

Areas (LGAs) and associated Local Council Development Areas (LCDAs). Our goal remains to keep Lagos at the forefront of environmental sustainability and climate resilience, while ensuring that every policy we implement improves livelihoods, reduces vulnerability, and enhances the well-being of Lagosians.

Over the years, Lagos State has strengthened its institutional architecture by integrating climate and environmental functions across its respective Ministries, Departments, and Agencies – a policy direction which I am glad is recognised and valued in the ranking methodology. Lagos also has a dedicated Department of Climate Change and Environmental Planning where cross-sectoral actions spanning transport, energy, waste, and water are coordinated. This institutional synergy, reinforced by insights from the ranking framework, has improved efficiency in service delivery, reducing duplication of efforts and ensuring that climate benefits reach citizens faster and at lower cost.

Through this, we have developed the Lagos Climate Adaptation and Resilience Action Plan, which includes vulnerability mapping and sectoral coordination with project pipelines. We equally have the Lekki Low-Carbon Demonstration Zone (LLCDZ), developed in partnership with China and local investors — an ambitious innovation that seeks to reduce carbon emissions by establishing a low-carbon zone in the Lekki Free Trade Zone.

This project alone is projected to attract over ₦120 billion in green investments, create 5,000 direct and indirect jobs, and cut carbon emissions by an estimated 200,000 tonnes annually. These initiatives are not only mitigating greenhouse-gas emissions but also stimulating economic growth and creating inclusive opportunities for Lagosians.

As one of the first states to have a climate change policy and several action plans, Lagos State has updated its environmental standards and legal codes, including flood-control ordinances, waste regulations, and green-building standards. We have also concluded our Clean Cookstove and Carbon Offset Policy and launched the first subnational carbon exchange in Africa (the second globally after Canada). Through this platform, more than 100 small and medium-scale enterprises are expected to benefit from carbon credit trading by 2026, generating up to $15 million annually in new green income streams and enabling households to transition away from firewood and kerosene.

One of the criterion for the ranking project is climate finance and budgeting where Lagos also toped the chart. Following insights from the ranking methodology, Lagos has continued to improve on its financial commitment to climate resilience, providing budget lines for urban greening, flood mitigation, and renewable energy. Through the Lagos State carbon exchange, we are targeting emissions reduction across the

20 Local Government Areas (LGAs) and 37 Local Council Development Areas (LCDAs) with ₦1 billion annual green allocations per LGA. These investments have already helped upgrade over 40 critical drainage systems, reducing flood-related losses that used to cost the state an estimated ₦45 billion yearly, while simultaneously improving water quality and public health outcomes.

In Lagos, we translate policies and plans into measurable outcomes. We are on course with the 8 MW first-of-its-kind Floating Solar PV Plant at Lagos State University; Rooftop Solar Programme targeting 10,000 homes; and Waste-to-Wealth Initiatives that have created over 12,000 green jobs in waste recycling and resource recovery. Collectively, these initiatives are providing cleaner electricity to educational and healthcare institutions serving more than 500,000 people, reducing dependence on diesel, and cutting annual emissions by over 50,000 tonnes of CO equivalent. We are committed to effective communication that ensures the Lagos public takes ownership of climate progress. We also use social media, press briefings, and digital storytelling to convey our stories and inspire behavioural change.

Lagos State has a culture of excellence. While it is gratifying to top the ranking table, we see it as a renewed call to deepen innovation, broaden citizen and stakeholder engagement, and enhance our green-financing portfolios as we strengthen collaboration and expand our

resilience footprint. The Ranking has reinforced an accountability loop that ensures climate commitments are not abstract promises but concrete actions that protect lives, reduce poverty, and enhance urban well-being.

Our leadership in SCGPR 2.0 confirms that sustained institutional commitment, credible funding, and visible accountability are the true pillars of climate progress. The Subnational Rating and Ranking has provided a transparent yardstick that keeps us accountable and has catalysed wider peer learning — inspiring at least ten other states to adopt similar climate planning frameworks and budget tracking systems. We thank the Honourable Minister for Environment, Hon. Balarabe Abbas Lawal, for

owning this laudable initiative. We dedicate this achievement to every Lagosian, to the visionary ambition of Governor Babajide Sanwo-Olu, and to all our partners in building a cleaner, safer, and more sustainable future. We will continue to lead by example — for Nigeria, for Africa, and for our planet. When Lagos leads, over 25 million people benefit — through better waste management, cleaner energy, safer housing, and new opportunities for green enterprise. Come SCGPR 3.0, I believe Lagos will lead again with Nigeria benefiting, and the planet winning.

-Hon Barr Tokunbo Wahab, Hon Commissioner of Environment, Lagos State

RATES AS AT Nov E mb ER 6,2025

Aviation Experts Disagree over

Some experts in the aviation industry have expressed doubt that the airlines established by state governments may not be sustained in the long term, citing the sensitive nature of airline business.

They also cited the high

standard demand and the succession nature of governments under a democracy, but other experts strongly disagreed, insisting in their long-term sustainability.

Some of the experts saw the establishment of the airlines as a welcome development, because, in

their estimation, Nigeria needs more airlines.

They stressed that the introduction of additional aircraft into the market has tamed the high fares and also provided more seats to the passengers.

But others expressed strong doubt, insisting that the airlines will not

be effectively managed for a long time without going under.

Akwa Ibom is the first state in Nigeria to establish an airline, called Ibom Air and it followed through, passed the five stages of certification process and obtained its Air Operator Certificate (AOC) in 2019.

Since then it has become one of the prime Nigerian carriers and currently operates a regional destination.

Enugu State was the next to established an airline known as Enugu Air, with initial fleet of three Embraer aircraft. Ogun, Ebonyi and Bayelsa states are at the

cusp of establishing their own airlines. Currently, Ogun state has aircraft attached to Valujet Airlines, called Gateway Air, Ebonyi already has three aircraftEmbraer aircraft, which the state government may attach to another operator.

NIMASA

Eromosele Abiodun

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has identified the judiciary as a major partner in the realisation of the benefits of the Blue Economy in Nigeria.

He stated this while speaking at the 4th Edition of the Admiralty

Law Colloquium in Lagos with the theme, ‘Charting the Course of Nigeria’s Blue Economy’, a reflection of the increased national attention to the potential of the maritime industry in driving economic development.

Mobereola said, “Nigeria’s Blue Economy requires an all hands on deck approach, with the Judiciary as a crucial actor, where

interpretation of legal instruments and case decisions remains a vital tool for the sustainable development of Nigeria’s Blue Economy”.

He identified the important role of the Nigerian judiciary in interpreting extant maritime laws thereby helping to improve industry standards and aiding development of the Blue Economy.

In her key note address, the Chief Justice of Nigeria, Justice Kudirat Motonmori Olatokumbo Kekere-Ekun who was represented by Hon. Justice Emmanuel Akomoye Agim, JSC, commended NIMASA and the National Institute of Advanced Legal Studies (NIALS) for collaborating to host the colloquium which is central to building the capacity of judicial officers in admiralty law.

She said, “The task before us is to ensure that Nigeria’s Blue Economy does not remain a conceptual aspiration but becomes a tangible driver of growth, equity, and sustainability. The Judiciary must not stand at the shoreline as a passive observer, but rather as an active navigator — steering the ship of justice through the complex waters of maritime development.”

The first session saw renowned maritime law experts, Dr. Emeka Akabogu SAN and Dr. Chukwuchefu Ukatta, deliver papers in line with the theme of the event emphasising the imperative of synergy between judicial processes and development of the Blue Economy in Nigeria.

‘Government Policies Inimical to Growth of Airlines in Nigeria’

Stories by Chinedu Eze

Chief Financial Officer, Aero Contractors, Mr. Charles Grant, has said that government’s harsh fiscal policies have impeded the growth of domestic airlines.

He stated this recently at the Civil Aviation Cost Recovery Optimisation Stakeholders Retreat in Lagos.

The meeting themed:

‘Strengthening Collaboration for Revenue Optimization and Operational Efficiency’, organised by the Directorate of Finance and Accounts of the Nigerian Civil Aviation Authority (NCAA), created opportunity for airlines to express their views on government’s taxes and charges levelled on airlines through the

aviation agencies.

While addressing participants at the event, Grant said that aviation could not be a luxury but a vital platform for commerce and integration.

He therefore said government should recongise its invaluable role and not tax airlines out of existence, emphasising that one cannot tax what doesn’t survive.

emPLE Partners with ART X Lagos 2025 to Champion Sustainability

Kayode tokede

emPLE, one of Africa’s leading insurance and financial services brands, has partnered with ART X Lagos 2025 as a Bronze Sponsor and Presenting Partner of a Special Project centred on sustainability.

The collaboration marks emPLE’s second year of participation at

West Africa’s leading international art fair. It reflects the company’s commitment to shaping Africa’s more sustainable, inclusive, and resilient future.

As part of the partnership, emPLE will provide general liability insurance for ART X Lagos 2025, ensuring a safe and seamless

experience throughout the fair. In addition, emPLE will sponsor a featured artist, Temitayo Ogunbiyi, whose installation “Where there is life, there is hope (B’á ò kú, ise ò tán)” explores how creativity connects communities and reimagines urban life as a space for care, collaboration, and possibility.

United Nigeria Airlines Appointments Chiaka Ben-Obi Board Member

United Nigeria Airlines (UNA) has announced the appointment of Mrs. Chiaka Ben-Obi as a Director on its Board, effective November 1, 2025.

United Nigeria said the appointment aligns with its ongoing efforts to strengthen corporate governance, deepen strategic leadership capacity, and support its expansion programme.

Ben-Obi is an

accomplished corporate executive with over 30 years of cross-sector professional experience, including more than 20 years in senior and executive leadership roles.

She is the Managing Partner and CEO of Proven Performance Limited, and previously served as the Coordinating Director, Digital and Innovation Support Group, at the

Federal Inland Revenue Service (FIRS), where she led the digital transformation agenda of the agency.

“In our continued efforts to strengthen our corporate governance structure and broaden the membership of our Board in line with our strategic expansion programme, we are pleased to welcome Mrs. Chiaka Ben-Obi to the Board of United Nigeria Airlines.

Bowen University Honours Overland Airways CEO

Overland Airways has announced that in recognition of his outstanding contributions to the aviation

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industry and exceptional leadership, Capt. Edward Boyo, the Chief Executive Officer (CEO) of Landover Company and Managing Director of Overland Airways, has been conferred with an Honorary Doctorate, Honoris Causa (Doctor of Business Administration) by the prestigious Bowen University, Iwo, Osun State, Nigeria at the University’s 20th Convocation Ceremony. In his acceptance speech, Boyo said: “I am deeply delighted to receive this recognition and wish to extend my gratitude to the leadership of Bowen University for this honour. This honour will spur me further to continue making my contributions to Nigeria’s air transport

Air WAtCh

Challenges of Air Transport in Nigeria

A Nigerian business man and airline operator, Senator Musa Adede, has identified high taxation, poor and inadequate airport infrastructure as key factors that have retarded the growth of air transport in Nigeria.

Only about 15 million Nigerians travelled by air for both domestic and international destinations in 2024, the highest was 16 million in 2022. This number is considered very low, considering the fact that the Nigerian population is about 230 million according to estimates.

Adede who is the owner of Kings Airlines said one of the key factors that will help the aviation industry to grow is reduction of taxes and levies on passengers and airlines. This, he added, will improve airline profitability and reduce the cost of tickets.

He emphasised that Nigerian airlines faced high taxes and levies, which according to him, reduces profitability and inhibits their ability to make profits as they plough back all their revenues into their operations.

industry in particular and the economy in general. I assure the Bowen University community that I will be a worthy ambassador of this great institution and continue on the path of excellence, investing in our people and systems to ensure a better aviation sector in Nigeria.”

Executive Director of Landover Company and Overland Airways Limited, Mrs. Aduke Atiba, said: “The Management and staff of Landover Company and Overland Airways Limited extend our warmest congratulations to Capt. Boyo on this well-deserved honour, celebrating his remarkable achievement and unwavering dedication to the industry. “

Adede also pointed out obsolete or inadequate infrastructure as the second factor that discourages growth in the aviation industry.

He said Nigeria ought to have a major Maintenance, Repair and Overhaul (MRO) facility establish with government incentives such as waivers from the Nigerian Customs Service (NCS).

According to Adede, “Nigeria ranks among the most expensive countries in Africa for air travel. According to the African Airlines Association (AFRAA) reports, we are third or fourth in charges.

Meanwhile, countries like South Africa, Ethiopia, and Senegal modernised their airports during COVID-19, improving efficiency and passenger experience. To compete regionally, Nigeria must prioritise airport upgrades, streamline fees, and support airlines with domestic MROs and equipment concessions.

“So, there are key recommendations that will help the aviation industry. These recommendations are reduction of taxes and levies on passengers and

airlines to improve profitability, support for domestic Maintenance Repair and Overhaul facility development through concessions and Customs exemptions; upgrade of airport infrastructure to international standards to include boarding bridges, lifts, conveyor belts, control towers, and air conditioning systems, ensure regulatory oversight remains transparent, consistent, and effective and there should be harmonisation of regional fees and procedures to support initiatives like the Single Africa Air Transport Market (SAATM).”

He acknowledged that Nigeria currently has MRO facility in Uyo, Akwa Ibom State, Execujet at Quits Aviation facility at the Murtala Muhammed International Airport, Lagos, dedicated for maintenance of private jets and the one owned by Aero Contractors. However, he said that while these maintenance facilities are in Nigeria, airlines still send their aircraft overseas.

Adede noted that sending aircraft abroad for maintenance is expensive and inefficient, noting that domestic facilities allow airlines to oversee maintenance work directly, reduce aircraft downtime, build local expertise and enhance safety.

“MROs handle avionics, wheels and brakes, landing gear and structural checks. Major inspections involve disassembling interiors, inspecting for corrosion, reassembling, and test flights. Government support through Customs concessions is vital to encourage investment and reduce costs,” Adede added.

He emphasised that having a major MRO in Nigeria was important because domestic MROs reduces capital flight, create jobs, and enhance safety by keeping aircraft maintenance local.

“Airline engineers can monitor work directly, ensuring quality and transparency. The government should provide incentives, such as Customs exemptions on equipment in order to encourage investment in MRO facilities. This supports training, local expertise development, and faster aircraft turnaround times.

Bisi Sotunde: empowering event Professionals to Build Legacy-driven Brands

In an exclusive interview with MARY NNAH, founder of BusyBee Events Nigeria and convener of the BusyBee Event Business Summit, Bisi Sotunde, shares her insights on building sustainable businesses, community building, and the future of the events industry in africa. With the 9th edition of the summit approaching in November, themed “Building Legacy driven Brands,” Sotunde discusses the importance of creating legacy-driven brands that can stand the test of time. From her experiences and challenges to valuable advice for aspiring professionals, her perspectives offer a wealth of knowledge for anyone looking to make a lasting impact in the events industry.

Can you tell us a bit about the BusyBee Event Business Summit and its significance in the African event industry?

Busy Bee Events Business Summit kicked off in 2017. It’s a premier gathering for elite event professionals where we come together to discuss business development, support one another, and elevate the event industry itself. The summit was born out of the challenge of event professionals struggling with their business. They were good with operations, but the business management aspect of it suffered.

Over the years, we have had themes such as ‘Next Level’, ‘Positioning Your Brand for Premium Events’, ‘The Power of You in Event Business’, and last year, ‘Forward-thinking Event Professionals’. This year, our theme is ‘Building Legacy Driven Brands’. We realised that event professionals have gone for training, but they’re still neck-deep in operations. They don’t have the proper structure, corporate governance, and all that. So, we thought we should talk about building legacies - how can your business outlive you? How can you put the right things in place in your business?

As an event planner and business coach and mentor, I run different brands, and to a large extent, I’ve been able to put the structure in place such that even without my presence, the business activities are running. I’m certain that at the end of this event, delegates are going to leave with more insights, strategic insights, and actionable tools on how they can run their business to outlive them, sustain it, take it to the next level, and become better business owners, not just event professionals.

Can you walk us through some of the key topics and sessions that attendees can expect at the summit?

So, this summit is going to be a twoday event with three different activities. The first day, which is on November 19th, is the master class session. We have various panel sessions, breakout sessions, and master class speakers who will be talking from different angles about building a brand. One of our sessions focuses on succession in business, where our panelists are individuals who have taken over businesses from the founders. We also have a session on scaling your event business and putting the right structures in place, as well as a breakout session on building systems that work and deliver impact.

In the evening of the same day, we’ll be having a cocktail night, which is a space for networking. At Busy Bee Events, apart from the learning experience, we also provide a platform for attendees to network, build collaborations, and support one

another.

The final day, which is the second day, is the gala night themed the Black and White Grand Ball, an homage to the Met Gala. This year, we’ll be celebrating various event professionals, particularly members of our Well Watered Garden Tribe community who have contributed, made an impact, and been actively involved. We’ll have categories such as Young Event Professional of the Year, Most Improved Business of the Year, Most Innovative Business of the Year, and Mentor of the Year, which we’ve just introduced to spotlight industry leaders within the community who are doing well and supporting event professionals.

We’ll also be honoring some event professional industry leaders who have set the pace in the industry with awards like Industry Icon of the Year and Trailblazer Awards. These awards will recognise talent from different regions, including the north, east, and south-south.

How will the summit address the challenges and opportunities facing event professionals in Africa today?

The event industry faces many challenges, but our summit focuses on key areas to help professionals overcome these obstacles. We start by identifying the challenges and tackling them head-on. Some of the issues we’ve identified include staffing challenges, which is why one of our sessions focuses on building a strong team and structuring your staff effectively. We also have sessions on customer retention and securing repeat clients. Our goal is to tackle the day-to-day challenges

faced by event professionals and businesses.

In addition to providing solutions, we are also committed to recognising and spotlighting outstanding event professionals who are making a positive impact in their respective spaces. With thousands of professionals in the industry, this platform allows us to shine a light on those who are doing exceptionally well.

The Busy Bee Event Business Summit has consistently raised the bar in the events industry over its nine editions. We’ve built a reputation for excellence, and our event has become a force to reckon with. It’s one of Africa’s largest gatherings of event professionals, eagerly anticipated each November. With our masterclass, cocktail night, and gala, we’ve set a high standard that others strive to follow. I’m proud to say that we’ve played a significant role in shaping the events industry and driving it forward.

What opportunities and challenges do you see for event professionals in Africa, and how can they stay ahead of the curve?

So, the first thing is to acknowledge that there’s a challenge and then look for ways to navigate through it. Attending conferences like this is one way to do that. That’s why we’re encouraging people to register. Registration is still ongoing for those who want to come and register on www.busybeesummit.com. By stepping out of your comfort zone and networking with others, you’ll gain insight into what’s going on and realise you’re not alone in facing challenges. When you sit

under the same roof with others who are going through similar experiences, you can put your heads together and tackle the challenges at hand.

How does BusyBee Events aim to support the growth and development of the event industry in Africa?

Generally, we’ve been focused on providing support, and the summit is known for its transformative power and community building. As I mentioned earlier, we have the Well Watered Garden Tribe (WWGT), a community that’s an offshoot of the summit. It’s a mentoring and coaching platform under my leadership, where members are placed in a support group for one year after the summit. We offer various training programs, national and international trips, training sessions, and retreats, as well as social events and parties.

We are more than just a communitywe’re a family that genuinely supports and collaborates with each other. I don’t do this alone; I have a strong team and dedicated leaders. Today, our community has grown to over 365 members, spanning across Lagos, Nigeria, and even the diaspora. Our focus is on creating impact, empowerment, and influence, and we’re committed to making it better and better.

What role do you see legacy-driven branding playing in the future of the events industry, and how would you advise professionals to build legacy-driven brands?

Legacy-driven brands are all about building a business that can thrive without you at the helm. We see many entrepreneurs burning out because they are trying to do everything themselves - they are the CEO, event decorator, planner, and more. But our summit is designed to help you put the right structures in place. We’ll provide actionable tools and plans to help you delegate effectively, so you can focus on high-level decision-making and growth.

By the end of the summit, we are confident that business owners will leave with a mind shift, ready to implement changes and see tangible results. And by our 10th edition, we are sure they will have amazing success stories to share. Our goal is to empower you to build a sustainable business that can run smoothly without your direct involvement in every detail.

What’s next for BusyBee Events, and how can people stay up-to-date with your latest initiatives?

As the BusyBee convener, I’m always on the move, attending international training and programmes. But the beauty of it is that I bring back knowledge and insights to implement in my community and country.

50th Ikoyi Club Ladies’ Open Will Impact Positively on Nigeria’s Economy’- Peggy Onwu

Peggy Onwu, Lady Captain of Ikoyi Club 1938 Ladies’ Golf Section, is not your ordinary run of the mill golfer. She has not only been playing the elite game for almost two decades butdoes so with the carriage of a core professional. In this interview ahead of the 50th anniversary of the Ikoyi Ladies Open, Onwu speaks glowingly about the forth coming tournament, amplifying its many advantages and expected positive impacts on the Nigeria’s economy.

This year marks 50 years of the Ikoyi Ladies Open, could you share how the tournament began and what it has become today?

Thank you for this pertinent question. l must begin by saying that, Ikoyi Ladies Open championship is a legacy event that oftenattracted talents mainly from African countries. However, this year’s event won’t be remarkably different from the previous ones, except that we expect more participating countries this time around. In the same vein, we must commend our partners and sponsors. They have been the source of our strength, and some of them have been consistent. Commendably too, our new partners have also aligned with our vision for growth, inclusion, sustainability and focus on biodiversity. We must also give kudos to the lkoyi Club 1938 leadership. It needs to be stated here that the executive body of the Ikoyi Club and the Golf Section have enabled the development of structures that allow for creativity and sponsorship. Most interestingly too, eachtournament presents a whole lot of exciting moments, as past winners often emerge from the ‘unknown’; some of them have won at least 3 editions. Consequently, the winner is often unpredictable as champions adorn the fairways at Ikoyi from different countries, and indeed each participant is a potential winner. For instance, last year it was one Ms. Peace Kabaswekafrom Uganda that won, and she was first time winner at Ikoyi Club 1938. This year we have participants from about 11 countries, so the prospects of, yet a new first-time winner or a past winner wanting to reclaim the title make the event all interesting.

The “Twilight Event” has become a signature prelude to the Ladies Open. What inspired this year’s theme and what are the expected outcomes?

You know that our yearlong theme has been ‘Go beyond: golf and golfing.’ The Twilight Event is a welcome event aimed at going beyond the regular, where sponsors and participants relax and interact over cocktails whilst enjoying a taste of what the greens may be by playing just one hole - the 18th. For fun, the

17th hole will be played with a limited number of clubs, playing to unusual challenges, but with lots of prizes to be won.Moreover, there will be unquantifiable gains from the evening event, as joy will be derived from the game which typifies life - bonding with different people, tackling unexpected challengesunder a relaxed atmosphere. Also, the event will boost Lagos and Nigeria’s culture of warmth and hospitality.

You have spoken so well about the excitement and bond golfing builds among golfers, but beyond that, howwill the 50th anniversary celebration impact positively on the Nigerian economy?

Without gainsaying, Nigeria as a nation and its many businesses stand to gain a lot from the 50th anniversary tournament. First, we will host participants from 11 countries: some of them, first time visitors to Lagos and Nigeria. When they come, they will try out our local cuisine and have firsthand experience of our culture. They will equally interact with our people in various places they will visit, and with our usual hospitable culture, they will appreciate Nigeria as a country of friendly and accommodating citizens. Take for instance, one of the expectedparticipants, Ms. Patricia Mbabazi from Uganda, wrote: “lam hoping to experience the friendliness and cultural richness of Lagos and Ikoyi Club

1938community; lam looking forward to the Arts, Afrobeat music and Nigeria’s local cuisine “ It is obvious that these participants at the event will ultimately become Nigeria’s brand ambassadors - an invaluable measure in promoting our country. Moreover, what we do, how we act and conduct and project ourselves, will go a long way to portrayNigeria in either good or bad light. So should act in a manner that sends the right signals to our visitors, that our country is the right destination to always be. In the same vein, the tournament will promote our arts and culture, expertise, as participating brands like Flutterwave, Terra kulture, Shea Origin, Adunni Ori, are some of our indigenous brands who will demonstrate capacity, skill and promote Nigeria(ns). Also, of equal relevance during the tournament is our hospitality sector.

There will be increased patronage of hotel facilities and service, leading to revenue boost across board. Talk of our novel events- twilight golf, conversations with sponsors and the Masterclass- all are geared towards social integration, taking charge of the narrative and providing entertainment that will have lasting memories. We also believe that these fresh initiatives willencourage repeat visits and attract other tourists, sport enthusiasts who may explore other activities and areas of interest that Nigeria has to offer.

Is there a Nigerian business content in this celebration?

Certainly, there are many Nigerian business dimensions in the whole event. For instance, our local foods like Amala, lnoo,cinseed, coconut chips, etc., will be on offer during and after play; our music - Saxophonist- the sax queen, live bands will be at play. For the Arts, Terra kulture will provide an opportunity for winners of our tickets to go to the MUSON Centre and watchacts. This will in turn expose them to the warmth and hospitality of our people. Beyond

this broad area of Nigeria content in the celebrations, the presence of global golfers during the tournament will be a booster to many who want to become professionals. For instance, some Nigerian golfers who began as amateurs are today making waves globally. These are the likesof Peter Akakasaka who won in the British Open, and the 20-year-old Georgia Oboh, who began playing golf at lkoyi Club as an amateur, but recently won at two international golf events. You also spoke about sustainability as a central theme of your tenure. How does this connect to the values of the Ikoyi Club, and what steps have you taken to achieve this initiative. Our thoughts and theme are anchored on what we intend to achieve at the end of the event - how do we add value to our environment? Ikoyi Club is known for being a recreational and family -oriented group. We, therefore, prioritize sustainable practices and initiatives like receptacles for waste disposal, planting trees/ nurseries, labeling trees, among others. Beyond the environment, sustainability often entails continuity and community.

How are you ensuring that the legacy of this 50th anniversary endures for future generations of lady golfers?

Frankly, our plan is to reach out to our communities by providing seeds for them and encouraging them to plant and thereby convert the later grown trees to become useful items for sustainable living, like in form of fruits / plants for bird food,etc.

What does the 50th anniversary tournament mean to you personally and the current committee?

To me, the 50th tournament anniversary provides a platform for gratitude; it is 50 years of resilience, commitment, growth of the ladies’ section and it showcases maturity in our swing. To the committee, I believe most of us are honoured to be part of this epoch event. It’s an opportunity to tell a story of how those before us found the game, how we find the game and how those who will come after us expect to find the game. It is equally how we have built on the foundation laid and what building blocks are we setting for those after us.?

Deloitte: Beta Glass Contributed Over N1trn to Nigerian Economy in 10 Years

Sunday Ehigiator

A new Socio-economic Impact Assessment conducted by Deloitte Nigeria has revealed that Beta Glass Plc, contributed over N1.1 trillion to the Nigerian economy between 2015 and 2024.

The independent report highlighted the company’s far-reaching impact on economic growth, employment, tax revenue, and community development, noting that in 2024 alone, Beta Glass generated a total economic impact of N324.7 billion, accounting for nearly 1 per cent of Nigeria’s manufacturing output and 14 per cent of the non-metallic products sub-sector.

According to the report, officially presented by the Head of Strategy and Business Design, Deloitte Nigeria, Michael Adiele, to

APM

Beta Glass at the company’s head office in Victoria Island, Lagos, “Beta Glass supported over 4,000 full-time jobs, directly and indirectly, with 98 per cent of its workforce sourced locally, and contributed N64.7 billion in taxes to federal and state governments within the review period.

“It’s Guinea Plant in Ogun State alone generated N223.4 billion in total impact in 2024, equivalent to 3.1 per cent of Ogun State’s GDP, while its Delta State operations contributed N101.35 billion, about 2 per cent of the state’s GDP.

“Beyond economics, Beta Glass invested N85 million in community projects focusing on healthcare, education, and infrastructure, and advanced sustainability through solar energy use and recycling initiatives; integrating up to 50 per

cent recycled glass in production.”

Speaking about the Economic Impact Assessment report, CEO of Beta Glass, Alexander Gendis, noted that: “This report validates our unwavering commitment to Nigeria’s growth and prosperity.

“We are proud to support thousands of jobs, contribute substantial tax revenues, and invest in the communities where we operate. Our commitment to sustainability and innovation ensures that our growth benefits both our stakeholders and the environment.”

Also speaking, Chairman of the Board, Vitus Ezinwa, added: “Despite the challenging macroeconomic environment, Beta Glass has demonstrated resilience and agility.”

Terminals Celebrates Staff Creativity at Second Talent Show

APM Terminals Apapa has once again placed the spotlight on its employees’ creativity and flair beyond the workplace, as it hosted the second edition of its employee talent show, APM Terminals Got Talent.

Speaking at the event, the Terminal Manager, Steen Knudsen, commended the employees for their enthusiasm and creativity, noting that the initiative has become an integral part of the company’s efforts to foster a vibrant workplace culture.

“At APM Terminals Apapa, we believe our people are our greatest asset. This event is about recognising the many dimensions of our workforce and giving our colleagues a platform to shine beyond their daily roles,” Knudsen said. “I am truly proud of the courage

and effort every participant has shown.”

The competition featured fifteen contestants, each delivering captivating performances that drew cheers from colleagues and guests. After a spirited contest, three winners emerged, each receiving valuable home appliances, including a television set, refrigerator, and washing machine.

Emerging as overall winner, Ibukunoluwa Abdulfatai expressed heartfelt gratitude for the opportunity.

“I am overwhelmed with joy. I worked hard for this moment, and I am grateful to APM Terminals for creating this platform. The company genuinely cares about its employees,” he said with emotion.

Second-place winner

Gerald Ezeukwu described the experience as “unforgettable”. I honestly didn’t expect to win anything, so this came as a big surprise. APM Terminals is simply the best — they don’t just talk about employee engagement; they live it. This kind of event makes us feel valued and seen,” he remarked.

Meanwhile, Onadioe Adeniyi, who claimed third place with a comedy performance, said the event had motivated him to hone his craft further.

“Even though I didn’t win the top prize, I’m proud of the laughter I brought to the audience. I’ve learnt a lot from this experience and will definitely come back stronger next time,” he said.

PANA Holdings Announces Key Leadership Appointments

The board and management of PANA Holdings, a leading global enterprise committed to driving innovation and operational excellence, have announced a series of strategic appointments to its leadership team. According to a statement signed by the Chairman of PANA Holdings, Dr. Daere Akobo, the company has approved the appointments of Daisy Maduagwu as Executive Director, Global Business Services, Adetoke GeorgeToyon as Group Chief Operating Officer and Chukwuemeka Igilar as the Vice President, PE Energy. The appointments

of the trio take immediate effect.

Daisy Maduagwu started her career at PE Energy, a subsidiary of PANA Holdings, in 2010 as an Inside Sales Specialist, rose through the ranks to Strategic Sourcing Lead, Deputy Managing Director, and later Vice President. Adetoke George-Toyon brings over 15 years of executive-level experience. She has consistently delivered transformational outcomes, unlocking value through innovative deal structuring, asset monetization, joint venture governance, and portfolio optimization.

As the Group Chief Operating Officer, she

brings a unique blend of commercial acumen, operational excellence, and people-centered leadership to drive innovation, growth, and long-term value creation across the Group’s diverse portfolio.

As Vice President, PE Energy, Chukwuemeka Igilar is expected to provide strategic and operational leadership, driving innovation, collaboration, and business growth across teams. With over 13 years of experience in the oil and gas industry, his leadership philosophy is rooted in excellence, sustainable performance, and empowering others to achieve their full potential.

Stock Market Drops by N2.5trn in Four Days as Investors Trade with Caution

Kayode Tokede

The domestic stock market dropped by N2.5 trillion in four days as investors continued to trade with caution amid U.S President Donald Trump plans to carry out military action over the continued killing of Christians by Islamist militants in Nigeria.

As gathered by THISDAY,

the market capitalisation of listed companies that opened for trading this week at N97.829 trillion has depreciated by 2.6 per cent or N2.51 trillion to close yesterday at N95.317 trillion.

Consequently, the Nigerian Exchange Limited All-Share Index (NGX ASI) fell by 2.7per cent or 4,099.91basis points to close at 150,026.55basis points from 154,126.46 basis points

when the stock market opened for trading this week.

As a result, the NGX ASI in its Month-to-Date and Year-to-Date returns settled at -2.7per cent and +45.8per cent, respectively.

In a post on Truth Social, Trump said he had instructed the Pentagon to “prepare for possible action” and warned of an immediate suspension of U.S. aid to Nigeria, Africa’s most

populous nation and an OPEC member.

President Bola Tinubu rejected Trump’s comments, calling them a misrepresentation of Nigeria’s “consistent and sincere efforts to safeguard freedom of religion and belief for all Nigerians.”

The chief operating officer of InvestData Consulting Limited, Mr Ambrose Omordion , attributed the downward movement in the

stock market to panic trading by investors over President Donald Trump threats posted on social media.

He noted that foreign investors are expected to react by taking profit-taking in listed fundamental stocks.

He, however, urged investors to take positions in some of these stocks amid growing fundamentals of listed companies

on the NGX. Capital market analysts attributed the downward movement in the Nigerian stock market to speculative trading by investors.

On market outlook, analysts at Imperial Asset Managers Limited said, “we expect a cautious trading tone to persist as investors continue profit-taking and portfolio adjustments ahead of year-end.

NYC OFFICIALS VISIT MINISTER OF YOUTH DEVELOPMENT...

L-R: Chairman, Board of Trustees, Nigeria Youth Congress (NYC), Dr. Yakubu Shendam; newly elected President of NYC, Engr. Jethro Terhile Annum; Minister of Youth Development, Ayodele Olawande; and outgone President of NYC, Amb. Blessing Akinlosotu, during the official presentation of the newly elected president of NYC to the minister in Abuja, yesterday PhOTO:

Komolafe Inspects 40,000 bpd Emem FPSO Ahead of Final Voyage from UAE

Emmanuel Addeh in Abuja

The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has expressed delight over the impending increase in oil production, on the back of the Emem Floating Production Storage and Offloading (FPSO), set to sail to Nigeria.

The CCE shared his view during an official visit to Dubai Drydocks World (DDWD) in the United Arab Emirates (UAE) as part of regulatory oversight of the Emem FPSO vessel’s sail away readiness.

The Emem FPSO is being converted at DDWD for Oriental Energy Resources Limited (OERL) and will be deployed to the Okwok Field (PML 15), operated by Oriental Okwok Limited, offshore Nigeria, a statement by NUPRC’s spokes- man, Eniola Akinkuotu, stated yesterday.Komolafe, the statement said,

undertook a four-hour detailed inspection of the vessel, inspecting critical areas, including the Oil and Produced Water Treatment Unit, Gas Injection Modules and Seawater Treatment Facilities.

Besides, he inspected the Gas Turbine Generators, Electrical House, LACT Unit, Laboratory, Control Room, and Accommodation Quarters.

The walkthrough enabled the Commission to assess the project’s compliance, quality, and readiness for sail away, the statement said.

Delivering his remarks after the tour of the FPSO, the NUPRC chief said the FPSO’s planned departure to Nigeria was good news as it aligns with the ‘Project One Million Barrels’ initiative which seeks to increase the country’s oil production by one million barrels.

“This FPSO is coming to Nigeria at a time we are seeking to increase production. It will help in achieving our project

One Million Barrels. From what I have seen, I am very impressed and as the regulator, we will continue to give support to Oriental Energy,” he said.

Komolafe advised Oriental Energy to participate in the next licensing round as the company had shown that it had

the capacity to take on more projects in Nigeria’s vibrant oil and gas sector.

“We advise that you par- ticipate in the next licensing round at least to optimise your capacity. We are convinced that Oriental Energy has the capacity to contribute to our national

development,” he added.

Also speaking, the Executive Vice Chairman, Oriental Energy Resources Limited, Goni Sheikh, thanked the CCE for encouraging investments in the oil sector, stressing that the organisation has worked round the clock to meet the set timelines.

“We have engaged with your team and they have been working around the clock including Saturdays and Sundays to beat the timelines and attain this. And we must also say that since the start of this project, we have received 100 per cent support from the NUPRC.

Moghalu: Good Governance, Security, Strong Institutions Key to Economic Development

James Emejo in Abuja

Economist and former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has emphasised that effective governance remained a main prerequisite for economic development.

He said fundamental issues around security, strong institu- tions and rule of law must

Gender-Based Violence: Hacey, Wacol Partner to Empower Christian, Cultural Women Leaders

Yinka Kolawole in Osogbo HACEY, in a strategic partnership with Women Aid Collective (WACOL), has moved to address Gender-Based Violence (GBV) in HACEYNigeria. and WACOL are also launching a transformative project titled “Empowering Christian Women and Women Leaders of Culture for Prevention and Response to Gender-Based Violence in Nigeria.”

Speaking at a stakeholders’ engagement meeting at Atlantis

Grand Suite and Hotel, OgoOluwa, Osogbo, the HACEY, program manager, research and development, David Agala, stressed the partnership would strengthen grassroots organizations.

He explained that project overview will involve implementation, strategy roles, goal, objectives as well as the scope where stakeholders’ expres- sions of collaboration would be taken.

Also, the initiative kicks off with a Stakeholder Engagement Meeting bringing together

key actors from government, faith-based institutions, cultural leadership, civil society, and media across Osun States.

THISDAY noted that despite national efforts, GBV continues to affect one in three Nigerian women (NDHS, 2018), recognizing the powerful influence of faith and culture in shaping societal norms, this project aims to equip Christian women and cultural leaders with the tools and support needed to challenge harmful practices and promote gender equality within their communities.

be established and effectively administered to trigger confidence in the system, leading to investments and other economic activities.

Citing World Bank estimates, he said African countries lose about $1.2 trillion in GDP annually to weak institutions.

According to him, life and property must also be “protected effectively, and citizens must have confidence that this protection is a reality”, adding “that is the necessary founda-

tion for economic productivity”.

Moghalu expressed his opinion on the matter via a Linkedin post.

He said, “Without these foundations, macroeconomic reforms or other ‘development’ processes—such as poverty alleviation or foreign investment—can never yield genuine economic transformation that creates wealth or sustainable livelihoods for the majority of citizens.”

He said, “I am worried

about a seeming absence of understanding about what truly creates development in African countries, and a tendency to chase shadows while leaving substance severely alone.

“The first prerequisite for development is effective governance — the organizing principle of any entity or society. This includes the fundamental matter of security, as well as strong institutions and the rule of law.

Demands for Christian Gov in Osun

Says it’s display of greed, religious bias

Yinka Kolawole in Osogbo

Concerned Muslim Stakeholders and the League of Alfas in Osun state has decried calls by some leaders of the Christian Association of Nigeria (CAN) and the Pentecostal Fellowship of Nigeria (PFN) in Osun State, demanding that the next governor of Osun in 2026 must be a Christian as

deeply worrisome.

Speaking yesterday, the spokespersons of the group, Sheikh Qozeem AbdurRahamon and Mallam Abdulganiy Sahid Olaide Ezra, Secretary General, noted the calls represent a display of greed, religious bias, and a clear attempt to hoodwink the good people of Osun State.

According to them, “to

remind Christian, the history of Osun State when it was created out of the old Oyo State on the 27th of August, 1991, by then military president, General Ibrahim Badamasi Babangida, the first military administrator was Colonel Akaleh, a Christian. He was succeeded by Colonel Segun Leo Ajiborisa, also a Christian.”

2ND ANNUAL WOMEN IN HEALTHCARE NETWORK CONFERENCE...

L-R: Former Ambassador to Hungary and France, Amb. Dupe Irele; Lagos State Permanent Secretary, Health District 3, Dr. Monsurat Adeleke; Lagos State Commissioner for Innovation, Science and Technology, Mr. Tubosun Alake; Senior Special Assistant to the President on Public Health, Dr. Uju Rochas-Anwukah; Lagos State Special Adviser on Health, Dr. Kemi Ogunyemi; Academic Director IESE CRHIM, Centre for Research in Health Innovation Management, Professor Magda Rosenmoller; Founder/Chief Executive Officer, Marcel Ruth Cancer Centre, Prof Modupe Elebute- Odunsi; and Ogun State Commissioner for Health, Dr Tomi Coker, during the 2nd Annual Women in Healthcare Network (WIHCN) Conference, held in Victoria Island, Lagos... recently

South East Senators Hail Dangote, Seek Sustained FG Backing for Indigenous Industrialists

Sunday Aborisade in Abuja

The South East Senate Caucus has commended the Dangote Group for what it described as a transformative investment that has placed Nigeria firmly on the global map of industrial innovation and entrepreneurship.

The caucus, led by Senator Enyinnaya Abaribe, made the remark during a visit to the multi-billion-dollar Dangote Refinery and Petrochemical Plant in Ibeju-Lekki, Lagos, over the weekend.

The lawmakers in a statement on Thursday said the refinery stands as a beacon

of hope for Nigeria’s indus- trial future and a model for African self-reliance.

Abaribe and other members of the delegation, accordingly praised the federal government’s fiscal and investment policies that have continued to support local manufacturers, urging it to sustain such initiatives to strengthen indigenous capacity and ensure national productivity.

self-reliance.”

He said the government must “continue to act as a bulwark for Nigeria’s growing class of industrialists and entrepreneurs until the nation attains full economic

Intelligence Collaboration Key to Ending Insecurity in North West, Uba Sani Declares

House probe security intervention funds

John Shiklam in Kaduna and Adedayo Akinwale in Abuja

The Kaduna State Governor, Senator Uba Sani, has said intelligence-led collaboration remained the most effective tool for addressing security threats in the North-West and beyond.

The governor stated this yesterday while declaring open a conference of state Directors of the Department of State Services (DSS) in the North-West.

This was as the House of Representatives, has commenced investigation into all security intervention funds disbursed

by the federal government from 2020 till date.

Represented by the Com- missioner for Internal Security and Home Affairs, Sule Shuaibu, SAN, Sani emphasised the crucial role the DSS has been playing in safeguarding democracy, preempting threats across the federation.

He said the conference provided an opportunity for reflection, coordination, and strategic renewal.

He explained that his adminis- tration has consistently prioritised intelligence-driven approaches by partnering closely the DSS and

other security agencies to detect and disrupt threats ranging from violent extremism and sabotage to misinformation.

According to Sani, “Modern security management requires more than traditional intelligence gathering,” calling for greater investment in analytical capacity, inter-agency trust, and technology- driven intelligence systems.

Meanwhile, the House has said the probe would cover all intervention heads, special allocations, and procurement processes undertaken by beneficiary agencies.

The committee added that it

WIMBIZ Conference Tackles

Nigeria’s

Mary Nnah

Development Challenges

The 24th Annual Conference of Women in Management, Business and Public Service (WIMBIZ) has sounded a clarion call for collective action to unlock Nigeria’s extraordinary potential. With the country’s future hanging in the balance, the conference brought together women leaders, policymak-

ers, and experts to discuss the critical role of women in driving economic growth, stability, and innovation.

Delivering the keynote address during the first day of the 2-day event, which kicked off yesterday at the Eko Hotel and Suites, Victoria Island, Lagos, Ms. Arunma Oteh, a global leader in financial markets and economic development, emphasised

the need for Nigerians to own their journey and take responsibility for their future.

“I believe that the opportunity lies in us taking ownership of our future,” she said. “What does that mean for Nigeria? It means a sense of urgency, and when you want a sense of urgency, I’m getting ahead of myself, you need to bring women in the room”, she said.

would also assess the impact of the spending on security outcomes across Nigeria.

Chairman of the Ad Hoc Committee, Hon. Zakaria Nyampa,disclosed this at the inauguration of the committee yesterday in Abuja at the National Assembly.

He, however, assured that the committee would ensure transpar- ency, accountability, and fiscal discipline in the management of resources meant to protect Nigerians.

During the tour, the Vice President of Dangote Group, Mr. Devakumar Edwin, conducted the senators around the expansive refinery complex, which also houses a fertiliser plant and a jetty.

Edwin disclosed the company has commenced expansion work on the refinery, aimed at tripling its current daily production capacity of 650,000 barrels of refined products, including premium motor spirit (PMS), gas, and other by-products.

According to him, the Dangote Group remains committed to strengthening Nigeria’s energy indepen- dence, ensuring domestic sufficiency in refined petroleum products, and positioning the country as a major exporter within the global energy market.

He said the project was driven by the group’s conviction that Nigerians are capable of delivering world-class industrial projects that meet global standards.

“The Dangote Group

is proud to showcase to the world that a Nigerian enterprise can spearhead an energy revolution that positions the country among leading global players,” Edwin stated.

In his remarks, Senator Abaribe described the Dangote Refinery as “an institution and a pride not only to Nigeria but to the entire African continent.”

He said, “We are amazed by what we have seen. This refinery is a powerful testa- ment that Nigeria’s future is bright. It proves that with the right environment, Nigerian entrepreneurs can compete globally.

We appreciate Alhaji Aliko Dangote’s patriotism and his unwavering belief in this country despite global economic challenges.”

The former Senate Minority Leader also assured that the South East Senate Caucus would continue to support policies and legislation that promote indigenous enter- prises and ease the challenges of doing business in Nigeria.

Northern Industrialists Back FG’s 15%

Industrialists from Northern Nigeria have welcomed the federal government’s decision to impose a 15 per cent import duty on petroleum products, noting that the measure is a strategic move aimed at stimulat- ing local production, enhancing value addition within the oil and gas sector, and creating a more competitive environment for Nigerian Muhammadmanufacturers. Nura Madugu, who chairs the Sharada-Challawa branch of the Manufacturers

Association of Nigeria (MAN) in Kano spoke Tuesday during the Association’s visit to the Dangote Group’s regional office in Abuja, a statement by Dangote Group said.

He said local manufacturers will continue to align with progressive government policies designed to stimulate industrial development, promote local content, and position Nigerian companies to compete effectively on the global stage. Madugu explained that his members adopt a balanced ap- proach in assessing government

policies, weighing their potential benefits and challenges both to member industries and to the nation’s economic development. According to him, there are numerous business opportuni- ties arising from the various derivatives of crude oil refining by the company, adding that his members are eager to leverage the vast potential created by the Dangote Refinery. Madugu said some of the key derivatives obtained from crude oil refining include petrol, diesel, kerosene, jet fuel, and liquefied petroleum gas (LPG).

NASENI PRESENTATION OF AWARDS TO FEMALE ENGINEERS...

L-R: Chairman, Senate Committee on NASENI, Senator Ezenwa Francis Onyewuchi; beneficiary, Presidential Implementation Committee of Technology Transfer

Sidi; Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu; and Chairman,

Dahiru, during the award ceremony for Developing Engineering

All Set for Anambra Election as Soludo, 15 Other Candidates Battle for Governorship

2.8m voters to decide winner

Adedayo Akinwale in Abuja and David-Chyddy Eleke in Awka

All is set for the Anambra State governorship election on Saturday, November 8, where 16 governorship candidates from various political parties, includ- ing the incumbent governor, Professor Chukwuma Soludo, will battle.

Among the candidates contesting the election are Soludo of All Progressives Grand Alliance (APGA), Prince Nicholas Ukachukwu of All Progressives Congress (APC), Mr Paul Chukwuma of Young Progressives Party

(YPP), Mr John Nwosu of African Democratic Congress (ADC), and Dr George Moghalu of Labour Party (LP).

Others are Oti Echezona of Allied Peoples Movement (APM), Ms. Chioma Ifemeludike of African Action Congress (AAC), Jeff Nweke of Action Alliance (AA), Charles Onyeze of Accord, Geoff Onyejegbu of New Nigeria Peoples Party (NNPP), Jude Ezenwafor of Peoples Democratic Party (PDP), and Chukwududem Nweke of Action Peoples Party (APP).

Also in the race are Jerry Okeke of Boot Party, Ndidi Olieh of National Rescue Movement (NRM), Martin Ugwoji of

Senate Indicts NSIB over Flawed Report, Clears Air Peace of Negligence in PH Case

Sunday Aborisade in Abuja

The Senate has faulted the Nigerian Safety Investigation Bureau (NSIB) over what it described as “contradictions and uncoordinated findings” in its report on the July 13, 2025 Air Peace runway overrun incident at the Port Harcourt International Airport, exonerating the airline of any wrongdoing.

The red chamber’s position followed an investigative hear- ing by the Senate Committee on Aviation, which concluded that allegations of negligence and drug use by Air Peace pilots were baseless and poorly substantiated.

Chairman of the Committee, Senator Abdulfatai Buhari, told journalists after Thursday’s hearing that the Senate’s

review of the NSIB’s report exposed serious inconsistencies that could harm Nigeria’s reputation in global aviation circles if not corrected.

“Our findings show that most of the allegations against Air Peace were not true. The report was disjointed, uncoor- dinated, and contained claims that could mislead the public.

“In aviation, you don’t ac- cuse people without evidence, especially when international regulators are watching,” he said.

The lawmaker, who represents Oyo North Senato- rial District, expressed deep concern that the NSIB initially alleged drug use by several Air Peace crew members, only to later revise the claim to two individuals without substantiating evidence.

Zenith Labour Party (ZLP), and Vincent Chukwurah of Social Democratic Party (SDP).

Out of the 16 political parties, only a few are properly rooted in the state, with candidates who possess the capability to win the election. Six of the most popular among them are Soludo, Ukachukwu, Moghalu,

partners, such as the United States, to curb terrorism, secure porous borders, and bolster intelligence-sharing.

He explained, “Issues of terrorism and violent extremism are not tackled by one country alone. We continue to engage regional partners and international partners, including the United States.

“Channels have been opened, and we prefer the situation is handled diplomatically rather than escalated through rhetoric.”

According to him, the administration will continue to strengthen law-enforcement capacity and reinforce directives to security agencies to maintain order nationwide.

Idris said, “We will continue to impress on our security agen- cies to maintain law and order wherever they are.” He added, “Whatever concerns there are, the government of Nigeria will take care of them.”

The minister added that the country’s long-standing tradition of religious tolerance would be preserved, and Nigeria would continue to welcome support from the international community, while responding in a manner consistent with its sovereignty, dignity and national interest.

US Mulls Military Options in Nigeria

Nwosu, Chukwuma, and Nweke.

Of the six, however, the zoning arrangement in the state, which has remained an unwritten pact, but very effective, seems to make it near impossible for two of the candidates earlier mentioned. They are Chukwuma and

The New York Times reported that the United States was considering several options in its planned military intervention in Nigeria, including airstrikes on known compounds in northern Nigeria inhabited by militant groups.Similarly, American drones, like the MQ-9 Reaper and the MQ-1 Predator, could attack a vehicles and convoys, or could team up with Nigerian soldiers to raid villages to root out insurgents who had entrenched themselves in rural hamlets in the country’s north, according to the However,report. American forces might not be able to end a decades-long insurgency in Africa’s most populous coun- try, despite President Donald Trump’s order to the Pentagon to prepare to intervene militarily in Nigeria to protect Christians from attack by Islamic militants, US officials interviewed by the New York Times maintained.

The insurgency had claimed lives across sectarian lines in Nigeria, military officials said. Relatedly, former presidential adviser to President Bola Tinubu, Hakeem Baba-Ahmed, requested that the president address the nation in the light of the recent military threat by Trump against Nigeria.

A fresh US Congress resolution also recommended targeted

Nweke, who hail from the northern and central senatorial zones,Thererespectively. had been arguments if others who were favoured by the zoning arrangement from Anambra South zone could truly unseat Soludo, who, despite being from same zone, is from a dominant political

sanctions and other restrictive measures on individuals and entities who lawmakers said were responsible for severe violations of religious freedom in Nigeria.

However, the New York Times report stated that the American military could not do much to quell the violence unless it was willing to start an Iraq or Afghanistan-style campaign, quoting officials, something that it said no one appeared to be seriously contemplating.

But the officials said there were some steps available to American war planners that could have limited effect on the militants.

They were all part of the op- tions that officials with United States Africa Command drew up this week, defence officials said, to forward to the Joint Staff at the TheyPentagon.generated the plans after Trump’s announcement over the weekend threatening military action to stop what he described as attacks on “Cherished Christians”.

Militant groups, like Boko Haram and Islamic State West Africa Province, had targeted Christians in Nigeria, along with many Muslims accused of not being devout enough. Any major military operation by the United States would be likely to fail, current and former

party, APGA, in the state, and holds the power of incumbency. Soludo is believed by many to have performed well in his first tenure, and is also liked among the people, while some others believe his administration has been trailed by poor performance and riddled with insecurity.

military officials said, according to the New York Times.

“It would be a fiasco,” said Maj. Gen. Paul D. Eaton, a retired Army veteran of the war in Iraq and U.S. efforts to counter the insurgency there. The American public had not shown much interest in repeating the Iraq- or Afghanistan-style military campaigns in Nigeria, he stated. Nor had the president, beyond his recent social media posts.

Any potential effort by Trump to direct the military to target Nigerian insurgents through his preferred method — airstrikes — would be likely to cause shock and awe but not much more, military officials told the New York Times. Eaton likened such an effort to “pounding a pillow”. Current and former military and national security officials, including those with experience fighting Islamic militant groups in West and Central Africa, said Trump’s latest directive had left them stumped.

“I am hereby instructing our Department of War to prepare for possible action,” Trump wrote in a social media post on Saturday. Defence Secretary Pete Hegseth was quick to respond, also on social media. “Yes, Sir,” he wrote. Hegseth’s office quickly directed Africa Command to send plans for possible strikes.

SENATORS THROW BANTER AFTER PLENARy...

L-R: Senator representing Katsina North, Nasir Zangon-Daura; Chairman, Senate Committee on Appropriations, Adeola Olamilekan; President of the Senate, Godswill Akpabio; Deputy Senate President, Jibrin Barau; and Chairman, Senate Committee on Sports, Abdul Ningi, after plenary, yesterday

Mbah: Tinubu on Mission to Restore Police, Dignity, Excellence, Other Security Agents

Blessing Ibunge in Port Harcourt

Enugu State Governor and Chair- man of the National Economic Council (NEC) Committee on the Revamp of Police and Other Security Training Institutions, Dr. Peter Mbah, has said the initiative represented President

your vision of a N1 trillion economy by 2030, but to achieve this, we must accelerate output to seven per cent growth by 2027, not just as an economic target, but as a moral imperative to end “Criticalpoverty. to attaining this growth trajectory will be attract- ing the necessary investment into our economy. With public investment at only five percent of GDP, we must urgently de- velop investment-ready projects across so many sectors that will crowd in large-scale, domestic and external capital, direct investment in the economy by Nigerians as well as by foreigners.”Responding to Edun’s presentation, Tinubu said the Eurobond oversubscription, despite political anxieties, underlined global faith in Nigeria’s fundamentals.

He stated, “Despite the political headwinds and fears, our partners have continued to engage with confidence.”

Thereafter, Secretary to the Government of the Federation (SGF), Senator George Akume, announced to FEC the passing of former minister and senator, Solomon Ewuga, describing him as an accomplished leader dedicated to national development.

Ewuga, who served as Deputy Governor of Nasarawa State in 1999, before becoming Minister of State for the Federal Capital Territory, later represented Nasarawa North in Senate. He died on September 23, in Egypt at age 70.

Bola Tinubu’s commitment to urgently restore the dignity and excellence of the men and women of the Nigerian Police as well as other security agencies.

Mbah equally stressed that the nation could not, in good conscience, demand integrity and excellence from the security agents without first modeling those

Council members observed a minute’s silence in his honour.

Akume also informed the council of the death of former Chief of Staff, Major-General Mohammed Abdullahi (rtd), who served under President Olusegun Obasanjo and was former Military Governor of Benue-Plateau State as well as pioneer Director-General of the Nigerian Security Organisation (NSO).

The council again observed a minute’s silence.

“May their souls rest in perfect peace,” the SGF said.

Meanwhile, Nigeria assumed the chairmanship of G-24.

The Group of 24 was estab- lished in 1971 as a chapter of the Group of 77, designed to help coordinate the positions of developing countries on international monetary and development finance issues, as well as to ensure that their interests are adequately represented.

G24 comprises many emerg- ing economies in Africa, Asia, and Latin America.

From the African continent are Algeria, Congo, Cote d’Ivoire, Egypt, Ethiopia, Gabon, Ghana, Kenya, Morocco, Nigeria, and South Africa. Asian members include India, Iran, Lebanon, Pakistan, Philippines, Sri Lanka, andLatinSyria.American countries in the group are Argentina, Brazil, Colombia, Ecuador, Guatemala, Mexico, Peru, Trinidad and Tobago, Venezuela.

In an address he presented to members of the group on

values in their training facilities.

The governor stated these when members of the committee toured the Police Training School, Nonwa in Tai LGA of Rivers State, yesterday, maintaining that, “This initiative re-echoes the president’s passion for getting things done and getting them done fast.”

This was even as the Com-

assumption of office, a copy of which was obtained by THISDAY yesterday, Edun expressed appreciation to his immediate predecessor and Minister of Treasury of Argentina, Mr. Luis Caputo, for his exemplary leadership andHestewardship. said, “We extend our sincere appreciation to Mr. Luis Caputo, Minister of Treasury of Argentina, for his exemplary leadership and stewardship.

“His tenure has significantly strengthened the G-24’s voice and relevance.

“We look forward to working closely with Pakistan and Ecuador as Vice-Chairs of the G-24 Bureau in the coming year.

“The global economy today faces unprecedented challenges—geoeconomic fragmentation, climate shifts, technological disruption, and a retreat in development financing.”

Edun stated, “Over a quarter of emerging and developing economies (EMDEs) have lost access to international capital markets, and more than half of low-income countries are either in or approaching debt distress.

“The estimated annual financing gap to achieve the Sustainable Development Goals (SDGs) stands at a staggering $4 to $5 trillion, underscoring the urgent need to reform the current global financial system.

The 2025 Annual Meetings underscored the urgency of ad- dressing the global demographic shift.”

He added, “With approxi-

mandant of the school, ACP Daniel Okere, explained that the institution, which was in poor state, trained men and women of the police force in 2022.

Mbah, who was accompanied by a member of the committee, Dapo Abiodun; Secretary of the committee and former IGP, Baba Usman; as well as the host gov-

mately 1.2 billion young people expected to enter the labor force over the next 10 to 15 years—competing for only 400 million jobs—the stakes are high. “This demographic trend presents both a formidable challenge and a transformative opportunity.

“In this context, structural transformation—anchored in macroeconomic stability, eco- nomic diversification, private sector-led growth, domestic resource mobilisation, and strategic investment in human capital and digital infrastruc- ture—remains the most viable path to resilience and job-rich growth.”

The minister said, “In today’s dynamic and uncertain global landscape, the mandate of the G-24 is more critical than ever.

The organisation’s role in sup- porting the economic policies of its member countries must be amplified.

“EMDEs (Emerging and Developing Economies) possess a diverse array of policy instru- ments within their domestic contexts, and it is imperative to leverage these through effective structural reforms and strategic partnerships that promote inclusive and sustainable development.”

Under Nigeria’s chairmanship of G-24, Edun stated, “The central theme guiding our work will be, ‘Optimising Resource Development for Inclusive, Job- Rich Economic Transformation.’”

According to him, the theme encompasses all forms of resources—human, financial,

ernor, Siminalayi Fubara, assured them that the committee would not only ensure the proper capture of all that was needed to turn the institutions around, but equally oversee their reconstruction and re-equipping to meet 21st-century standards.

“This committee was born out of the president’s recognition that

physical, and natural—that are essential for sustainable economic progress.

He said, “We will foster substantive dialogue and action on a comprehensive agenda aimed at dismantling structural barriers to resource mobilisation and unlocking pathways to inclusive growth.

“This builds on the solid foundation laid by Argentina’s leadership.”

The minister stated that with the support of other member countries, Nigeria’s chairmanship would prioritise five strategic areas, including reforming the global financial architecture.

Edun stated, “Our goal is a fairer, more inclusive system strengthening the Global Financial Safety Net at the IMF, expanding conces- sional financing through the MDBs, advancing quota and governance reforms, enhancing regional development banks, and modernising payment sys- tems to support local currency trade and digital transactions.”

He said Nigeria’s chairman- ship would focus on enhancing domestic resource mobilisation and international tax cooperation.

The minister stressed, “We aim to deepen G-24 engagement on the global tax agenda. This includes supporting global tax initiatives within the OECD and UN frameworks, promoting transparency and progressive taxation, tackling illicit financial flows, and reforming domestic tax systems to expand fiscal

we are at a security crossroads and nothing short of a complete and urgent overhaul is needed to ensure that we secure our future. The president recognises that security is paramount, and it is the primary responsibility of any government.

Continues online

space.”According to him, another area of focus would be mobilising innovative finance for development, to bridge persistent financing gaps.

Edun said, “We will promote innovative MDB financing models that reward reform-minded countries, and support instruments such as blended finance, green bonds, and sustainability-linked debt swaps to align financial flows with development goals.”

Edun listed the strengthening of regional integration, value- added manufacturing, and advancing climate finance and just energy transitions as other strategic areas of focus.

He stated, “We will champion regional economic integration to boost competitiveness and job creation. By boosting competi- tiveness, facilitating investment in value-added manufacturing, and promoting South—South cooperation, we aim to unlock shared prosperity and accelerate digital innovation across regions.

“Nigeria will advocate for a transition that reflects the realities of energy-deficient and resource-rich nations, promote resilient infrastructure, and encourage sustained commitment to climate targets—especially as global energy demand rises with Al-driven technologies.

“Nigeria is committed to deepening the G-24’s influence in global financial governance, amplifying the voice of EMDEs, and ensuring that structural transformation delivers real progress for our people.”

WHEN MONARCHS TECHNICAL COMMITTEE MEMBERS PAID A COURTESY CALL ON UZODIMMA...

L-R: Chairman, Southern Traditional Rulers Council, Ooni of Ife, HRM Oba Adeyeye Enitan Ogunwusi (Ojaja II); Governor Hope Uzodimma of Imo State; and Co-Chairman, Southern Traditional Rulers Council, HRM Eze Cletus Ilomuanya, when the monarchs’ technical committee members paid a courtesy call on the governor at Government House, Owerri, to inform him of his appointment as their coordinator, yesterday

PDP States’ Chairmen Urge Damagum to Keep Party’s Doors Open for Reconciliation

Support Ibadan convention, visit Makinde

Chuks Okocha in Abuja

The forum of Peoples Democratic Party (PDP) states chairmen has called on the Ambassador Illya Damagum-led National Working Committee (NWC) to keep the party’s doors open for reconciliation.

The chairmen said the national convention must take place as

Three defence officials told the New York Times the plans from the command had three options — light, medium and heavy — and were intended to be Theescalatory. light option, the officials said, included what the military called partner-enabled opera- tions. Under that option, the U.S. military and the State Department would support government forces in Nigeria to target Boko Haram and other Islamic insurgents, who had attacked, kidnapped and murdered civilians, mostly in northern Nigeria, where sectarian and ethnic violence had raged for almost 20 years.

The United States would have to conduct the operations without the expertise of the U.S. Agency for International Development, whose office in Abuja officially closed in July, after the Trump administration shuttered the agency.

But that action would come with a host of issues, the thorniest being that the violence in the northern Nigerian Sahel falls along linguistic, cultural and religious lines, according to the report. Much of it is based on land use and tenure and is fomented in some cases by corruption in the Nigerian government. Farmers and herders in the region have battled one another over land use for decades, and militant Islamic groups have taken

scheduled, while commending Justice A.I Akintola of Oyo State High Court for the courage to approve the convention, in spite of pressure against her.

Reading their communique, Edo State PDP Chairman, Tony Aziegbemi, who doubles as Chairman, Forum of PDP State Chairmen, said, “We implore the National Working Committee,

advantage of the distrust to push their own agenda.

Boko Haram has attacked, kidnapped and killed both Christians and Muslims.

Previous American govern- ments provided Nigeria with intelligence and security to help target the group, but balked at selling some weapons because of concerns over human rights abuses by the Nigerian military.

The medium option being put forward by Africa Com- mand, officials said, includes drone strikes on militant camps, bases, convoys and vehicles in northern Nigeria. American Predator and Reaper drones can loiter for hours before striking, and other U.S. intelligence can gather information on specific targets’ pattern of life.

But that option comes with its own issues, not least being that the U.S. military in August vacated its two nearest drone bases, in Agadez and Niamey, both in neighbouring Niger. Russian forces now occupy those bases.

Drones launched from Niamey or Agadez could reach Nigeria in an hour, one military official said. But now, the closest known places from which the United States could launch drones are southern Europe and, perhaps, Djibouti, in East Africa, where the U.S. military has a large base.

One official suggested that West African countries seek-

NWC to keep their doors open for reconciliation because we believe that the prodigal child will always come back. PDP is a grassroot party that belongs to all Nigeria

“The Forum unequivocally reaffirms its total support, confidence, and loyalty to the National Chairman of our great party, Ambassador

ing favour with the Trump administration might allow their territories to be used, but that is less clear. Doing so would also go against the wishes of the Nigerian government, which is hugely influential on the continent, and could open up another set of problems for neighbouring countries.

The Nigerian government has said it welcomes U.S. assistance in targeting Islamist insurgents but added the caveat that any action must respect Nigeria’s sovereignty and its territorial integrity.

The heavy option, military officials said, would be to move an aircraft carrier group into the Gulf of Guinea and to deploy fighters and, perhaps, long-range bombers to conduct strikes deep in northern Nigeria. But the United States is already in the process of moving one of its aircraft carriers, the Gerald R. Ford, from its deployment in Europe to the southern Caribbean, where Trump has declared war on drug cartels. Other aircraft carriers are currently deployed in the Pacific or in the Middle East or are undergoing maintenance, the report Deployingadded. an American aircraft carrier to the Gulf of Guinea to take on Islamic insurgents in Nigeria was not deemed to be a 2025 national security priority as recently as Friday, several military officials

Umar Damagun, and the entire National Working Committee (NWC).”

The forum applauded the judgement delivered by Akintola, which paved the way for the conduct of the convention scheduled for November 15 and 16, in Ibadan, the Oyo State capital.

The forum urged all delegates,

said.

Address Nigerians on Ongoing Face-off, Baba-Ahmed Tells Tinubu

Former presidential adviser to Tinubu, Baba-Ahmed, said the president should address the country in view of the recent military threat by Trump. Baba-Ahmed said this on Thursday in a post he shared on his Facebook page.

The former Permanent Secretary, Ministry of Foreign Affairs, said it was troubling that Tinubu had yet to personally address Nigerians regarding the development, warning that the president’s silence sends a disturbing message about Nigeria’sBaba-Ahmedleadership. stated, “If President Tinubu truly has capable advisers and understands the weight of his office, he should have spoken to Nigerians by now. This is not the time for ministers or aides to issue statements.

“The president himself should reassure the country, clarify our position, and outline the steps his administration intends to take. Our silence makes us appear weak and without direction.”

Baba-Ahmed advised Tinubu against travelling to the US to meet with Trump, saying it would damage Nigeria’s image.

He said, “At this critical

as duly recognised and provided for in the PDP Constitution 2017 (as amended) to begin preparations in earnest to participate in the convention and to elect credible, competent, and loyal men and women into the NWC.

It commended the effective and collaborative leadership being provided by NWC under Damagum, the PDP

moment, Tinubu should not even think of going to America to meet Trump. It would only worsen Nigeria’s image — like receiving a slap and smiling in return.”

Baba-Ahmed urged the president to act decisively.

“If Tinubu truly listens to those who care about this country, he must act immedi- ately — appoint ambassadors, rebuild Nigeria’s diplomatic presence, and address the nation directly,” he said.

Trump had threatened to deploy American military forces to Nigeria if the alleged genocide against Christians was not stopped, but the Tinubu government refuted the claim.

US Congress Seeks Visa Ban for Miyetti Allah

A fresh US Congress resolu- tion recommended targeted sanctions and other restrictive measures on individuals and entities who lawmakers believed were responsible for violations of religious freedom in Nigeria.

The resolution named the Miyetti Allah Cattle Breeders As- sociation of Nigeria (MACBAN) and the Miyetti Allah Kautal Hore as erring entities. Sanctions recommended on members of the groups included visa bans and asset freezes.

Smith Christopher, member of the House of Representatives, introduced the resolution on

Governors’ Forum under His Excellency, Senator Bala Mohammed, and the Board of Trustees (BoT) under Senator Adolphus Wabara. They said the synergy had contributed immensely towards stabilising and repositioning the party.

Tuesday while commending US President Donald Trump for re-designating Nigeria a country of particular concern (CPC).

In the document, Christopher added that the US also placed “Fulani-Ethnic Militias” operating in Benue and Plateau states on the entities of particular concern (EPC) list under the International Religious Freedom Act. EPCs are non-state actors that have engaged in particularly severe violations of religious freedom under US law. Some previously designated EPCs included Boko Haram, the Houthis, ISIS-Sahel, ISIS-West Africa, and the Taliban.

The bill came the same day as an announcement from Ted Cruz, US senator, who vowed to hold Nigerian officials account- able over claims of a Christian genocide.

“I intend to be very explicit about who they are in the com- ing days and weeks,” Cruz said.

In October, the senator had proposed a bill christened the “Nigeria Religious Freedom Accountability Act of 2025”. The bill called for targeted sanctions against “federal officials or state governors” who “promoted, enacted, or maintained Nigerian blasphemy laws, including through public advocacy, legislative action, or executive enforcement directives”.

ENsURiNG OiL PROdUCiNG aREas dEVELOPMENT...

L-R: Chief Press Secretary to the Delta State Governor, Sir Festus Ahon; Commissioner for Works (Rural Roads) and Public Communication, Mr. Charles Aniagwu; Managing Director, Delta State Oil Producing Areas Development Commission (DESOPADEC), Chief Festus Ochonogor; Executive Director, Finance and Administration, DESOPADEC , Chief Kome Okpobor, and Chief Accountant, DESOPADEC, Mr. Louis Ajie, during a press briefing session shortly after a Governor Sheriff Oborevwori’s meeting with DESOPADEC management in Asaba…recently

Group Accuses FCT Minister, Wike, of Undermining Nigeria’s Democracy

Folalumi alaran in abuja

The Democracy Watch Initiative (DWI), has raised the alarm over what it described as the “increasingly authoritarian and destabilising actions” of the Minister of the Federal Capital Territory (FCT), Nyesom Wike, warning that his conduct poses a grave threat to Nigeria’s democratic stability.

In a statement, the group’s Director of Strategic Communication, Dr. Tunji O. Bamidele, said the organisation felt “compelled to address the alarming actions of Wike,” whom he accused of systematically undermining democratic institutions and political parties across the country.

He said: “Nyesom Wike, once a mere creek

Tinubu Renewed Hope Office Demolished in Benue

George Okohinmakurdi

Members of the President Tinubu Support Group in Benue State have accused the Benue state government of deliberately destroying the group’s in Makurdi.

The demolition took place yesterday along Otukpo Road in the Benue State capital, leaving many residents and party supporters stunned. Bulldozers belonging to the Benue State Urban Development Board (BSUDB) were seen pulling down the freshly branded structure amid

heavy security presence. The order, according to credible sources, came directly from the state government.

The demolished structure had only been inaugurated last Friday, October 31, 2025, in a colourful ceremony that attracted party leaders, Nollywood figures, and a massive crowd of supporters from the 23 local government areas of Benue State.

The office was set up as a central hub for the Renewed Hope 2027 project, aimed at mobilising support for President Tinubu’s re-election bid.

IDL Rewards Top Distributors, Unveils New Products

Raheem akingbolu

Intercontinental Distillers Limited (IDL), has celebrated its valued business partners at the 2025 Distributors’ Awards, reaffirming its commitment to a progress partnership while also using the event to unveil three new exciting products — Chelsea Orange Flavoured London Dry Gin, Chelsea Strawberry Flavoured London Dry Gin, and Ivory Cream Liqueur.

Speaking at the ceremony held in Lagos, the Managing Director/CEO of IDL, Chief Patrick Anegbe, commended

the distributors for their dedication, loyalty, and resilience in driving the company’s success across Nigeria. He described them as “true partners in progress” whose consistent efforts have kept IDL’s brands at the forefront of the beverage industry.

Anegbe reiterated IDL’s commitment to maintaining high standards in quality, taste, and customer satisfaction, assuring stakeholders that the company would continue to innovate to meet the changing preferences of the consumers.

boy during the turbulent times when patriotic citizens fought valiantly for democracy, now finds himself in a position of power where he is wielding that power to undermine

the very principles he once benefited from. His actions are not merely misguided; they represent a calculated assault on the democratic fabric of our nation.

“In recent months, Wike

has waged a relentless campaign against political parties, sowing discord and confusion within the ranks of organisations such as the Labor Party and the African Democratic Congress. His tactics have escalated alarmingly as he now seeks to destabilise the Peoples Democratic Party (PDP), an institution that has been central to Nigeria’s democratic journey.

‘Anambra Poll ‘ll Define INEC Chair’s

sunday aborisade in abuja

The National Youth Leader of the New Nigeria Peoples Party (NNPP), Ambassador Auwal Muhammad Musa, has challenged the newly appointed Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Ojo Amupitan (SAN), to prove his professed

commitment to transparency and integrity through concrete and measurable actions.

In an open letter, Musa congratulated the INEC chairman on his appointment but urged him to ensure that his words are matched by visible reforms that will restore public confidence in Nigeria’s electoral process.

Musa said: “Credibility

in words must be proven through visible action. Nigerians, particularly the youth, are watching closely to see if Prof. Amupitan will break away from a long tradition of unfulfilled promises and compromised elections.”He commended Amupitan’s public declaration that the integrity of elections is “non-negotiable,” but stressed

Credibility’

that such assurances must translate into operational changes that guarantee free, fair, and transparent polls. “Nigerians have heard similar pledges from previous INEC chairmen. What they demand now is not rhetoric but real change that ends delayed results, compromised officials, and tampered election technologies,” Musa said.

FCTA, UN Women, Monarch Unite against Gender-Based Violence

Michael Olugbode in abuja

The Federal Capital Territory Administration (FCTA) Women Affairs Secretariat, in collaboration with UN Women, is partnering with traditional leaders across the FCT to eliminate gender-based violence and promote safer communities for women and girls.

At a high-level sensitisation workshop held in Abuja, influential traditional rulers from across the territory gathered to strengthen grassroots action, reshape harmful cultural norms, and reinforce community-driven accountability in the fight against gender-based violence (GBV).

The initiative, supported by the Ford Foundation, is part of a wider national effort where traditional leaders are playing a pivotal role in promoting gender equality and protecting women’s rights. Through dialogue, advocacy, and local policy reform, the collaboration aims to end practices such as

child marriage, female genital mutilation, and other forms of abuse.

In her keynote address, UN Women Representative to Nigeria and ECOWAS, Beatrice Eyong, stressed that gender-based violence (GBV) is not only a moral and social crisis but also an economic one.

NASENI-PICTT Grants N229m to DELT-Her 2.0 Awardees

The National Agency for Science and Engineering Infrastructure (NASENI) in partnership with the Presidential Implementation Committee on Technology Transfer (PICTT) has granted the sum of N229 million to 14 awardees of the Developing Engineering Leaders Through Her (DELT-Her 2.0) initiative.

Speaking at the awards ceremony in Abuja yesterday, the Executive Vice Chairman/ Chief Executive of NASENI, Mr. Khalil Suleiman Halilu, stated that DELT-Her represents an opportunity platform through which women can turn bold engineering ideas into solutions that change the world.

The NASENI boss stated

that out of the 9,925 project proposals, 14 women engineers emerged as awardees, receiving N229 million in grant funding to advance their innovative projects across critical sectors such as agriculture, clean energy, health, mobility, digital security and environmental sustainability. He said NASENI believes

that gender inclusion is not charity, it is strategy, as every woman empowered through DELT-Her represents new capacity for the nation’s technology and manufacturing ecosystem with a unique perspective that drives better designs, smarter products and more human-centred innovation.

Lawal: Late General Rare Breed Who Projected Ilorin in Positively

The Governorship Candidate of the Social Democratic Party (SDP) in the last general election in Kwara State, Mallam Hakeem Oladimeji Lawal, has reacted to the death of a former Chief of Staff to former President Olusegun Obasanjo,

Major-General Mohammed Abdullahi Adangba(rtd), describing the deceased as a worthy, rare breed who projected the positive virtues of Ilorin Emirate.

Lawal’s comments were in a statement issued by his media office, saying the

late Army General was a symbol of humility, hard work, and honesty, with which the people of Ilorin Emirate are known.

While describing the death as a loss to the country, Kwara State, and particularly Ilorin Emirate, he, however, stated

the deceased lived a life of honour worthy of emulation for all.

He said: “I received the news of the demise of our dear patriot and a worthy son of Ilorin Emirate, who passed on early in the morning today at the age of 86.”

Genocide: Coalition Expresses Concern over Trump’s Threat of

sunday Okobi

The Coalition of Civil Society Groups in Nigeria yesterday expressed deep concern over the recent statements by the President of the United States of America. Donald J. Trump, who threatened possible military action in Nigeria to protect Christians against terrorists’ onslaughts, and the designation of Nigeria as a ‘Country of Particular Concern (CPC)’ under the International Religious Freedom Act.

The coalition stated that the developments represent an affront to Nigeria’s sovereignty, “an insult to our democratic integrity, and

Military Action

a serious threat to peace, security, and stability across West Africa. “We, therefore, call upon the United States Congress to act responsibly by repudiating these reckless threats and reviewing the baseless designation that paints a distorted image of our nation.”

The group, which also petitioned the United States Congress, the US embassy in Abuja, President Bola Tinubu, the National Assembly and other authorities in Nigeria through the Lagos State House of Assembly, during a peaceful protest at the Assembly complex, said Nigeria is a vibrant

democracy governed by a constitutional framework that guarantees freedom of religion, belief, and association to all citizens.

The coalition led by the National Coordinator of Activists for Good Governance (AGG), Mr. Declan Ihekaire, and other leaders of other groups, said: “Since returning to democratic governance in 1999, we have conducted free and fair elections every four years, with peaceful transitions of power. No Nigerian leader holds office for life. Our democracy, though imperfect, continues to deepen through the will of the people.

FUOYE Appoints Professor Ogunwole Olalekan as New VC

The Governing Council of Federal University Oye-Ekiti, Ekiti State has approved the appointment of Professor Ogunwole Joshua Olalekan as the

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new Vice-chancellor(VC) of the University.

Chairman, Governing Council of the University, Sen. Victor Ndoma-Egba (SAN) announced Olalekan as the 5th substantive VC of the University after a thorough and rigorous selection exercise that was fully digitalised, at an extraordinary Council meeting held in Abuja. Olalekan, a professor of Soil Science, who until his appointment, has been the Deputy Vice Chancellor, Strategic Partnership, Research, Innovation and Linkages, would take over from the outgoing Vice Chancellor, Prof. Abayomi Sunday Fasina, on 11th of February, 2026.

According to NdomaEgba, the tenure of the current vice chancellor is expiring on the 10th of

February, 2026, adding that Olalekan remains the VC designate until the 11th of February, 2026 when he will formally take over.

Olalekan defeated over 64 other candidates, including two expatriates, who applied for the plum job.

He said: “The exercise that has resulted in the appointment, was the first fully digitalised online exercise in the Nigerian university system.

“The process was fully digitalised. The applications were launched online, and the assessments were done by the system. However, to ensure transparency and accuracy, we still carried out a manual review. For instance, if the system showed that an applicant had two fellowships, we verified manually to confirm the claim.

Unilorin Alumni Symposium Holds in Lagos Tomorrow

The Alumni Association of the University of Ilorin(Unilorin) is poised to bring its series of commemorative events for the university’s 50th anniversary to a fitting climax with a grand symposium on Saturday, November 8, 2025.

This symposium represents a pinnacle of a year-long celebration honoring the university’s remarkable journey since its founding in 1975.

According to a statement, the symposium will gather distinguished alumni, academics, industry leaders, and stakeholders to reflect on the institution’s achievements, contributions to national development, and future prospects in education and innovation.

The event will be chaired by a distinguished alumnus, Managing Director of the Nigeria Railway Corporation (NRC), Dr. Kayode Opeifa, whose leadership in infrastructure and public service aligns with the

university’s legacy of excellence.

Adding to the prestige, the symposium will be graced by Vice-Chancellor of the University of Ilorin, Professor Wahab Egbewole, and President of the Unilorin Alumni Association and former Deputy Vice-Chancellor of the University of Port Harcourt, Professor AbdurRazaq Kilani.

The symposium underscores the association’s commitment to fostering lifelong connections and supporting the university’s ongoing mission.

Commenting, Vice-President of the Unilorin Alumni Association and Lagos State Anchor, Engineer Isiwat Lawal, stated: “This grand symposium is more than an event; it’s a testament to the enduring spirit of Unilorin. As we mark 50 years of academic excellence, we invite all alumni and well-wishers to join us in celebrating our shared heritage and charting a bold path forward.”

Edited by: MJO Mustapha Email deji.mustapha@thisdaylive.com

The Qur’an on Art, Architecture & Built Environment (4) WORLD OF ISLAM

By: Spahic Omer/IslamiCity

The Qur’an and Sunnah and the Prevention of Vices

The Qur’an and Sunnah, apart from being a divine guidance, also serve as a powerful restraining force when people develop a tendency to lose their way and start using architecture as a means of committing certain evil practices. Since architecture is a powerful and effective medium for expressing ideas, it has potential to be abused and misused by some designers, patrons, builders and users, in accordance with their deviational tendencies. Hence, in Islam, wrongdoings such as wasting, overindulgence, haughtiness, greed, corruption, discrimination, environmental destruction and immoral competition are regarded as grave sins. They can put at risk the spiritual wellbeing of a person and the whole community. So serious are those vices that they have potential to deny their perpetrators God’s grace in this world and the Hereafter, plunging them into the agony of God’s wrath and Hellfire.

Therefore, Muslim architects should be an exemplary group that are responsible towards themselves, their profession, society, culture and religion. It does not matter whether they are governed by a code of ethics and professional conduct in places where they work, or otherwise. Their code of moral values and professional demeanour is enshrined in the Qur’an and the Prophet’s Sunnah.

Islamic general ethics, which accounts for a system of values that guide our choices and actions and determine the purpose and course of our lives, should constitute the core of different codes of ethics and professional conduct that different architectural companies and establishments may establish for themselves. They need to ensure that Muslim architects are dedicated to the highest standards of professionalism, integrity and competence.

It follows that the Islamic architectural education must seriously address the matter. Islamic education, generally, does not produce greedy, materialistic and egocentric professionals that readily dispense with moral principles in their professional and private lives. Islamic education, on the contrary, produces capable, ethical and accountable professionals. They are as skilful and competent as their peers who graduated from the conventional secular educational systems. Islamic education produces not only good professionals, but also good men and women. As such, they are bound to be good citizens as well.

Overall, the impact of architecture and architects on their surroundings is immense. Thus, for example, if medical education begins with taking an oath where the students’ responsibility for caring for people’s wellbeing and health, and where the serious implications of their actions for the patient, the patient’s family and the whole community, are greatly accentuated, “should not architectural education establish the same understanding of the architect’s responsibilities to society, building users and clients?

Do not architects have similar ethical and professional demands placed on themselves for the health, safety, and welfare of the public, especially given the impact that design choices impose on individuals, communities and the global citizenry?

Environmental stability, the wise use of land, the design of public spaces, energy conservation, community improvement, resource allocation, adaptive reuse, building function, aesthetic delight, air quality, safety and security, and so many more of the issues that we address in the course of our professional lives must be approached with an inherent understanding that being an architect carries immense responsibility. Our education must be founded on such an understanding” - asks and explains Douglas L. Steidl.

According to the message of the Qur’an and Sunnah - which is to be mirrored in the Islamic architectural education - knowledge without righteousness is useless, dangerous and deceiving. Likewise, righteousness without knowledge is deficient.

Both must be integrated as a foundation of people’s lives. Such a philosophical framework will underline people’s approach to life, actions and relationships. The inappropriateness of a one-sided approach to life, and education which is the foundation and lifeblood of the former, as well as the appropriateness of an integrated approach to life, is the message of the following Qur’anic verses: “There are men who say: ‘Our Lord! Give us (Your bounties) in this world’, but they will have no portion in the Hereafter. And there are men who say: ‘Our Lord! Give us good in this world and good in the Hereafter, and defend us from the torment of the Fire!’”

(al-Baqarah, 200-201) The Prophet (pbuh) surely had in mind a knowledge devoid of morality and virtue and its perils when he implored God to guard him against a knowledge that brings no benefit.

Prophet Muhammad (pbuh) and the Creation of Madinah

The Qur’an and Sunnah shed light on the Islamic broad vision of architecture and the notion of development in general. They were translated into reality by Prophet Muhammad (pbuh) and the first generation of Muslims when they developed the city of Madinah. It was a prototype Islamic city. The Yathrib oasis with a few loosely interrelated settlements was developed into a cohesive

and dynamic city.

Undoubtedly, this is a comprehensive and emphatic dimension of Sunnah and the Qur’an, in their capacity as the first sources and foundation of Islamic architecture. Therein one can find virtually every aspect of the true character of Islamic architecture dealt with either explicitly or implicitly.

Notwithstanding its simplicity, Madinah presented to the Prophet (pbuh) and Muslims the first physical locus of the first and most meticulous actualization of the Islamic message. The experiences of the Prophet (pbuh) and those around him were rich with lessons on a wide spectrum of issues relating to architecture.

Prophet Muhammad (pbuh) was a universal personality with a universal mission. He was an excellent example in all matters: “You have indeed in the Messenger of Allah an excellent exemplar for him who hopes in Allah and the Final Day, and who remember Allah much” (al-Ahzab, 21).

The Islamic theory of architecture - and general planning and urbanization - is as old as the Muslim community. Its fundamental principles have been comprehensively laid out in the Qur’an as well as in the sayings and practices of Prophet Muhammad (pbuh).

Certainly, the best example of the earliest form of Islamic architecture and development was the establishment of the Muslim society in Madinah in the wake of the migration (Hijrah) from Makkah. The matter henceforth was evolving steadily. It corresponded with the rapid spread of Islam throughout the world and the incredible growth of the civilization and cultures inspired by the Islamic worldview and value system.

In summary - as a conclusion - since architecture is indispensable to life and man’s fulfilment of his vicegerency mission on earth, it occupies a remarkable place in Islam. It is an obligation. Islamic architecture is not an end. It is a means by which another end, embodied in a set of cosmic goals, is to be achieved.

Thus, when using and judging an architectural expression, our interactive experiences should take into consideration not only that which can be seen and felt by the five senses, but also an architecture’s intelligent and spiritual sides discernible only by a sixth sense. Architecture is not only to be looked upon, but more importantly, to be experienced and emotionally attached to.

The roles of the Qur’an and Sunnah in shaping the identity of Islamic architecture can be summarized in the following concepts: education, guidance, inspiration, thrust, point of reference and contentment. It follows that any prescription for reviving Islamic architecture ought to address firstly the subject of the Qur’an and Sunnah as the conceptual base. It will then be followed by mastering the building technology and engineering of the day, and answering the pressing requirements of the general circumstances of a given age and a geographic zone.

The Qur’an and Sunnah do not regard architecture as a religious ceremony or a complete and solitary secular business. They look upon architecture as a combination of both, in that Islam is a code of life. No human activity is ever devoid of spiritual connotations while, at the same time, there is no religious ritual in Islam that is directly linked to, and totally dependent on, any architectural activity.

Finally, Prophet Muhammad (pbuh) has said and accomplished many things that can be related to architecture, somehow or other. He did so in different contexts and under different circumstances. Sometimes, he did so as an educator and leader, while at other times as an ordinary citizen and user.

Yet there were times when he acted as an active protagonist and participant in the field. The Prophet (pbuh) sometimes advised a person and not the whole community. At other times, however, he established a principle that was binding on everyone then and in the future.

Generally, in matters concerning religion and his duties as a prophet, the Prophet (pbuh) acted under the divine guidance of revelation, in which case he was unquestionably infallible and his actions and judgments perfectly flawless. At times and in some sheer and inconsequential worldly matters, he acted on his own discretion in isolation from the revealed word, which implies that some of his actions and judgments have not always been categorical and absolute. Without doubt, the built environment compass spanned all existential realms, perfectly exemplifying their features and properties.

Hence, if one studies the Prophet’s -- i.e., Islam’s -- attitude towards architecture, one needs to be very careful, taking into account and scrutinizing the issues mentioned above. Plain spiritual is not same as plain secular. An action of the Prophet (pbuh) in his capacity as the Messenger from God is not like an action in his capacity as an ordinary human and citizen minding his own business and the business of his household. A counsel for a person in a situation is not necessarily always a counsel for everyone in all situations. The transient is not equal to the permanent, nor is the absolute equal to the relative.

Positively, anything bereft of a comprehensive, openminded and systematic approach to studying the Qur’an and the Prophet’s life - both his words and actions - would spell a recipe for failure that is bound to trigger confusion and myriads of misconceptions.

Jo Bonfrere Petitions Senate, Wants Lagos to Honour Land Gift After Atlanta ‘96 Gold Feat

Sunday Aborisade in Abuja

Former Super Eagles coach, Johannes Bonfrere, 79, has petitioned the Senate over what he described as the Lagos State Government’s 29-year refusal to release a parcel of land allegedly allocated to him in appreciation of his role in leading Nigeria to football glory at the 1996 Atlanta Olympic Games.

The Dutch tactician fondly called Jo Bonfrere, who guided Nigeria’s Dream Team to Africa’s first-ever Olympic gold medal in football, urged the National Assembly to

NPFL Signs N2.16bn Data, Commercial Deals with Inview, Round Up

Olawale Ajimotokan in Abuja

The Nigeria Premier Football League (NPFL) has signed a contract on exclusive data and commercial rights deal valued at ₦2.14 billion, over five-year with Inview Technologies Nigeria Limited, AS Production Hub Limited and Round-Up Technologies.

The Chairman NPFL, Gbenga Elegbeleye, said a revenue of N2billion per annual is projected from Inview and ASPH as broadcast and production partners of which N800 million is to be paid upfront.

He said that 60 per cent of the revenue will be paid to the Nigeria Premier League clubs.

He further disclosed that contract with Round-Up

Technologies is valued at N600 million including an additional ₦140 million annual payment for technical data processing of players, match statistics, analyt- ics and league performance parameters.

“We are determined to bring the league closer to fans through NPFL TV, so Nigerians every- where can watch our matches but we don’t want to rely on welfare alone. We need to have money, and we need to support the clubs,“ Elegbeleye said.

President of the Nigeria Football Federation (NFF), Ibrahim Gusau, who attended the event, expressed his delight at the development, noting that the deal represents a major step toward restoring public access to domestic football coverage.

NFF Protests Against S’African, Benin Officials for Nigeria, Gabon Playoff Clash

The Nigeria Football Federation (NFF) has formally lodged a complaint with FIFA over what it describes as “a clear conflict of interest” in the appointment of South African and Benin Republic officials to handle Nigeria’s crucial 2026 FIFA World Cup qualifying play-off against Gabon.

The decisive fixture is scheduled to take place at the Prince Héritier Moulay El Hassan Rabat, Morocco, next Thursday, with the winner securing a spot in the next phase of the World Cup qualification series.

According to the appointment list signed by Gordon Savic, FIFA’s Head of Qualifiers & International Matches, South Africa’s Abongile Tom will officiate as the centre referee, assisted by compatriot Zakhele Thusi Granville Siwela, who will serve as Assistant Referee 2. Another South African, Akhona Zennith Makalima, has been named head of the two-person Video Assistant Referee (VAR) team while Hugues Alain Djovi from Benin Republic will act as the Referee Assessor.

Urhobo College Wins 2025 Zenith Bank/Delta Principals’ Cup

Urhobo College, Uvwie, Warri, yesterday emerged champions of the 2025 Delta State/Zenith Bank Principals’ Cup, defeating Ogbe-Ijoh Grammar School, Warri South West, 2-1 in an exciting final played at the Stephen Keshi Stadium, Asaba.

The Uvwie boys took the lead just 37 seconds into the game and doubled their advantage in the 30th minute, before Ogbe-Ijoh

Grammar School pulled one back midway through the second half.

Despite late pressure, Urhobo College held firm to lift the prestigious trophy.

Delta State Governor, Sheriff Oborevwori, represented by his Deputy, John Onyeme, praised all participating schools for their impressive performances, describing every team as a champion.

intervene and compel the Lagos authorities to honour the pledge made to him by then Military Governor, Col. Olagunsoye Oyinlola (rtd).

In a petition submitted to the Senate through the Chairman, Committee on Ethics, Privileges and Public Petitions, and copied to the Senate Committee on Sports, Bonfrere’s legal counsel, T.O. Adejoh & Co., accused the Lagos State Government of deliberate neglect and discrimination.

The petition urged the upper chamber to “summon the Lagos State Government to a public hearing to provide a detailed explanation for its refusal to

allocate the promised plot of land” and to “ensure justice is served after nearly three decades of waiting.”

The lawyers further prayed the Senate to “take necessary steps, including pressuring the Lagos State Government to release or reallocate another befitting plot commensurate with the achievement of our client, who made history for Nigeria.”

Speaking after submitting the petition, Bonfrere’s media aide, Mr. Eze Okechukwu, described the state’s conduct as unjust and embarrassing to Nigeria’s image.

Okechukwu said, “What Jo

Bonfrere achieved for Nigeria remains unequalled. Since that Atlanta feat, no Nigerian coach has replicated such a global triumph.

“Col. Oyinlola, in the eupho- ria of that victory, allocated land in Lekki to every player and members of the coaching crew.

The records are in the Lagos State Land Registry. All the players, including Austin Jay Jay Okocha, Daniel Amokachi, Taribo West, Nwankwo Kanu, Tijani Babangida, and Emmanuel Amuneke, all got theirs. Why has Bonfrere’s own not been released? Who tampered with his file, and why?”

He maintained that it was

Chiamaka Nnadozie Shortlisted for Best FIFA Goalkeeper Award

Duro Ikhazuagbe

Nigeria and Brighton & Hove Albion’s shot-stopper, Chiamaka Cynthia Nnadozie, has been shortlisted for 2025 The Best FIFA Women’s Goalkeeper Award. She is the only Nigerian player, male or female, in the running for the prestigious awards.

The Super Falcons goalkeeper

recently moved from Paris FC to the English side after a brilliant 2024/25 campaign with the French team of which one of her headline performance was against Paris Saint-Germain Féminine in the Coupe de France Féminine final.

Nnadozie kept a clean sheet and saved two penalties in the shootout. She also helped Paris FC reach the French league

playoffs, capping a stellar domestic season that showcased her consistency and leadership.

On the international stage, the Nigerian goalkeeper was instrumental as the Super Falcons reclaimed the Women’s Africa Cup of Nations (WAFCON) title in Rabat, Morocco. She kept four clean sheets in six matches and conceded only twice from open play, both in the final against the

hosts.

won the Golden Glove as the tournament’s

Goalkeeper as Nigeria won a 10th continental title.

Nnadozie was earlier nominated for the 2025 Women’s Yachine Trophy at the Ballon d’Or, where she finished 4th. She is also listed for CAF Women’s Goalkeeper of the Year at the upcoming CAF Awards.

Tinubu Sports Festival Kicks off in Ondo to Boost Grassroots Talent

As part of efforts to take youths off the streets and help them build meaningful careers in sports, the Grassroots Movement for Tinubu (GMT), Ondo State Chapter, on Thursday unveiled the Tinubu Sports Festival 2025. Speaking at the unveiling ceremony held at the Adeyemi College of Education Sports Arena in Ondo West Local

Government Area, the DirectorGeneral of GMT in the state, Saka Yusuf-Ogunleye, said the initiative is a multi-sport event designed to strengthen grassroots sports and promote youth development across the state.

Particularly, Yusuf-Ogunleye noted that the era when Nigerian sportsmen and women were rewarded with mere handshakes had passed, as the Tinubu ad-

ministration now recognises and honours athletes with national awards and incentives.

“Sports has gone beyond entertainment. Today, it is a global business that can transform lives. This festival is not just to mobilise for Asiwaju but to engage our youths, take them off the streets, and help them build meaningful careers in Hesports.”explained that the

month-long festival would feature various sporting events, including football, basketball, handball, volleyball, lawn tennis, wrestling, and indigenous games and would be held across five zones of the state.

The grand finale, accord- ing to him, will take place in Akure on December 6, showcasing President Tinubu’s passion for sports and youth empowerment.

inSTiTUTion oF A pRoFESSoRiAL ChAiR on LEADERShip AnD GooD GoVERnAnCE in honoUR oF DiRi...

L-R: Plateau State Governor, Caleb Mutfwang; Lagos State Deputy Governor, Dr. Obafemi Hamzat; Bayelsa State Governor, Senator Douye Diri; and Vice Chancellor, University of Lagos, Prof. Folasade Ogunsola, during the public presentation of the book “Leadership Chronicles of Governor Douye Diri” and the institution of a Professorial Chair on Leadership and Good Governance in honour of Diri, at the university on Wednesday

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Africa’s $4 Trillion Mindset Shift

At the 2025 Africa Financial Industry Summit, I reminded my colleagues in finance that Africa’s capital challenge is not one of scarcity, it is one of flow. Across our continent, there is an estimated $4 trillion sitting within African institutions and households, much of it parked in short-term or low-yield instruments. With a GDP of roughly $2.5 trillion, Africa can absorb every naira, cedi, or shilling of that capital today. The problem is that the pipes are blocked, and it is time to focus on the plumbers.

The Plumbers of African Finance

By plumbers, I mean the leaders in government, central banks, pension funds, insurance companies, and commercial banks who determine how and where Africa’s wealth flows. We have built solid pipes for savings, payments, and consumption. But when it comes to channelling that liquidity into productive investment into enterprises that create jobs, build infrastructure, and drive innovation we fall short.

The reason is not incompetence; it is inertia. For decades, we have operated within a comfort zone of lending to governments or holding assets deemed “safe”. Yet, capital that chases safety alone cannot build nations. We must confront the mindset that equates security with inactivity. If we want growth, we must redirect our collective resources towards productive, risk-adjusted opportuni- ties across African markets.

We are not spending enough time examining the mindset of those who control capital allocation. Capital isn’t flowing into productive sectors because investors are seeking safety and yield in low-risk instruments. This is the fundamental challenge we must address not through rhetoric, but through deliberate action to de-risk African market opportunities and redirect capital where it can drive genuine transformation.

De-risking is Leadership, Not Charity

Much has been said about the need to “de-risk” Africa. I believe that responsibility begins at home. The real risk is the one we perpetuate when domestic capital avoids domestic opportunity. Our challenge is not convincing global investors to believe in Africa; it is convincing ourselves.

SETTinG ThE TonE FoR AFRiCA’S FinAnCiAL SoVEREiGnTy...

L-R: Jeremy Awori, CEO, Ecobank Group; Jules Ngankam, Group CEO, African Guarantee Fund; Nadia Fettah, Minister of Economy and Finance, Kingdom of Morocco; Aigboje Aig-Imoukhuede, Chairman, Coronation Group and Access Holdings; and Ethiopis Tafara, Regional Vice President, Africa, IFC, during the Opening Panel at the Africa Financial Industry Summit (AFIS) in Casablanca earlier this week. The session examined strategies for mobilising Africa’s domestic capital to fund continental transformation

That means designing policies that reward innovation and discipline. It means improving transparency, enforcing contract integrity, and building credit frameworks that reduce friction for investors. Above all, it means cultivating the courage and competence to lead capital where it is most needed.

History offers instructive parallels. Consider post-war Japan’s reconstruction miracle. Contrary to popular belief, domestic capital in Japan significantly exceeded the capital mobilised by the US government. What made the difference was deliberate policy action that channelled this capital into sectors that created national wealth, industrial companies, infrastructure, and productive enterprise. Japan’s leaders made conscious decisions about where capital should flow, and the results speak for themselves.

When a nation seeks to take its next developmental step, the emphasis cannot be solely on public markets. We must focus on private markets, industrial companies, the SME landscape, and real estate at scale. This requires very deliberate policy action from the architects of our financial systems.

Fintech as the New Investment Engine

One bright spot in this story is fintech.

Across Africa, we now have between 640 and 700 million financial accounts, proof that technology has deepened inclusion faster than any traditional system ever could. But inclusion must now evolve into mobilisation. When we count investment accounts, the number drops to fewer than 20 million. That is where Africa’s next transformation lies.

Imagine if fintechs and banks combined their reach to turn millions of savers into investors. That is the kind of innovation partnerships like Coronation Group’s col- laboration with Access Holdings, Safaricom, and M-Pesa seek to advance using technology to make investing as simple as sending money on a mobile phone.

I am not suggesting we replicate Japan’s 1950s model of agents distributing investment accounts on the ground. Instead, I envision fintechs becoming investment powerhouses through cooperation with banks. We already have hundreds of millions of accounts. The opportunity lies in mobilising hundreds of millions of investment accounts through strategic partnerships between fintechs, mobile payment companies, and traditional financial institutions.

This transformation requires the right

policy context. Ministers and central banks must provide tax breaks and incentives for investments channelled into equities and productive sectors. Create frameworks that reward citizens for directing their savings toward nation-building enterprises. That kind of policy alignment can accelerate the shift from transacting to investing across the continent.

The Next Revolution in African Finance If the first revolution in African finance was digital payments, the next must be digital investment. Over the next thirty years, our goal should be to create hundreds of millions of investment accounts not only because they will fund growth, but because they will transform mindsets. Every African who invests, even a small amount, becomes a stakeholder in the continent’s future. We have the resources. We have the people. What we need now is a shared resolve among Africa’s financial leaders, the plumbers, to ensure that the capital flowing through our systems builds something enduring. That is the revolution we seek: a continent where African capital funds African prosperity. •Aigboje Aig-Imoukhuede, CFR, is Chairman, Coronation Group.