In Key Policy Shift, US Halts Plan to Pressure Nigeria, Others to Jettison Fossil Fuels Trump govt says it's nonsensical, shameless, relics of colonialism New direction to boost FG's plan to harness 37.5bn oil barrels, 209tcf of gas
Emmanuel Addeh in Abuja
In a major shift in its position on the
harnessing of fossil fuels by resourcerich African nations, like Nigeria, the US government at the weekend
described the existing relations in the energy sector, driven by that country, as nonsensical, shameless
and a relic of colonial attitude. The new policy direction by the Donald Trump administration is a big
relief for Nigeria, which is desperately in need of foreign funding to fully explore and exploit its natural
resources that have largely been Continued on page 5
Chatham House: With Naira Devaluation, Nigeria's Economy Most Competitive in 25 Years... Page 8 Monday, Monday,January March 10, 6, 2025 Vol 29. 30. No 10928. 10865. Price: N400
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EFCC Announces Recovery of over N364bn, Secures 4,111 Convictions Wale Igbintade
L-R: Aigboje Aig-Imoukhuede, CFR, Chairman, Aig-Imoukhuede Foundation; Professor Emily Jones, Blavatnik School of Government; Mrs. Esther Didi Walson-Jack, OON, Head of the Civil Service of the Federation; Akanimo Usoro, Winner of the AIG Public Leaders Programme Reform Project; Professor Yemi Osinbajo, GCON, immediate past Vice President of Nigeria; and Ofovwe Aig-Imoukhuede, Executive Vice Chair, Aig-Imoukhuede Foundation, at the graduation ceremony of the Cohort 4 participants of the AIG Public Leaders Programme
The Economic and Financial Crimes Commission (EFCC) achieved its best-ever performance in 2024 since its inception, with significant recoveries in various currencies, Continued on page 5
Fubara Obeys S’Court Order, Invites 27 Rivers Lawmakers for Reconciliation Meet Ex-chairmen of Ijaw LGAs flay threats to unleash violence in state
Blessing Ibunge in Port Harcourt
The political crisis in Rivers State may be thawing gradually as Governor Siminalayi Fubara, has invited the embattled 27 members of the State House of Assembly for discussion, by way of putting the interest of the state first. In a letter by the Secretary to the State Government, Dr.Tammy Danagogo, addressed to the Speaker, Martins Amaewhule, he stated that the governor's action was in obedience to the recent Supreme Court judgment on the political crisis in the state. The Supreme Court, had last Monday, stopped the Central Bank of Nigeria and the accountant general of the federation from releasing any funds from the federation account to Rivers state until an appropriation law was made by the Rivers State assembly. The apex court also ordered that Continued on page 5
2025 ZENITH BANK INTERNATIONAL WOMEN’S DAY SEMINAR...
L-R: Founder, House of Tara, Mrs. Tara Fela-Durotoye; Group Managing Director/Chief Executive, Zenith Bank Plc, Dame Dr. Adaora Umeoji, OON; Honourable Commissioner for Commerce, Cooperatives, Trade, and Investment, Lagos State, Mrs. Folashade Ambrose-Medebem; and Executive Director, Zenith Bank Plc, Dr. Mrs. Adobi Nwapa, during the 2025 Zenith Bank International Women’s Day Seminar held at the Civic Centre, Victoria Island, Lagos, last Friday