MONDAY 25TH AUGUST 2025

FAAC Reconciliation:

Emmanuel

Nigeria’s

agencies,

agencies,

from

www.thisdaylive.com

Atiku Abubakar: ADC Leading Potent Coalition, Will Shock

'We will upstage the status quo in a way that will leave doubters dumbstruck' Insists he will contest presidential election Disowns statement insinuating he may not run Says there's nationwide degeneration, unprecedented thievery under current administration

Conference (AGC) Planning Committee, Chief Emeka Obegolu (SAN) during the opening of the NBA AGC, … yesterday

PenCom: Pension Funds Under CPS Not in Jeopardy Amid Strict Safeguards, Extant Regulations

James Emejo in Abuja National Pension Commission (PenCom) has declared that pension contributions under the Contributory Pension Scheme (CPS) are "not in any form of jeopardy due to the strict safeguards imposed by the PRA 2014, and the extant regulations and guidelines" put in place by the commission. PenCom said investment of pension funds and assets were undertaken by the licensed Pension Fund Administrators (PFAs) in accordance with the

provisions of both PRA 2014 and Regulations on Investment of Pension Fund Assets issued by the commission. The clarification was contained in PenCom's response to a petition by Nigeria Labour Congress (NLC) that accused the commission of breaching the Public Procurement Act, spending without approval, and endangering workers' pension, among others.

In a letter dated July 28, 2025, NLC President, Comrade Joe Ajaero, accused PenCom of side-lining workers and

employers in the management and investment of their pension contributions, operating without a properly inaugurated board, and engaging in unauthorised spending.

The labour union issued a two-week ultimatum to the commission to inaugurate its board and provide a comprehensive status report on the funds.

However, the commission, in a letter dated August 18, 2025, signed by its acting Director, Corporate Communications, Mr. Ibrahim Buwai, seen

by THISDAY, described the allegations as “incorrect, gravely misleading and surprising”.

It reassured all pension contributors and retirees that their pension contributions remained safe and secured.

PenCom explained that it did not directly invest pension funds, adding that licensed PFAs and Pension Fund Custodians (PFCs) manage and safe-keep the investments under strict regulations and supervision.

PenCom said, “It is, therefore, incorrect to suggest that

contributors and employers are kept in the dark about investments of pension funds. Equally, there is nothing to suggest that the funds are in any jeopardy."

The commission also insisted that it had always operated with transparency and accountability.

On the non-inauguration of PenCom’s board, the commission stated that while Section 19 of the Pension Reform Act (PRA) 2014 provided for its establishment, the appointment of board members was strictly the prerogative of the president,

subject to Senate confirmation.

PenCom reminded NLC that by virtue of the provisions of PRA 2014, NLC was one of the 10 institutions represented on PenCom’s Board.

In addition, PenCom said the president had the prerogative of appointing the other six members, comprising Chairman, Director General, and four Executive Commissioners.

ADC to Tinubu: Declare Emergency in Katsina, Zamfara over Growing Insecurity

African Democratic Congress (ADC) says President Bola Tinubu should declare a state of emergency in Katsina and Zamfara states following a wave of violent attacks that have claimed over 140 lives in the past two months.

In a statement by its National Publicity Secretary, Mallam Bolaji Abdullahi, ADC described the killings in the two states as a clear indication of a total collapse in Nigeria’s security architecture, and criticised the federal government’s handling of the crisis.

The party specifically condemned the recent massacre in Malumfashi, Katsina State, where 30 worshippers were reportedly shot dead in a mosque and 20 villagers were

Former Vice President Atiku Abubakar yesterday vowed that despite efforts by the ruling All Progressives Congress (APC) to ridicule and play down the current momentum in the African Democratic Congress (ADC), the coalition will shock the world in the 2027 presidential election.

Atiku also laid to rest

key agencies. These included: The Nigerian National Petroleum Company Limited (NNPC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Federal Inland Revenue Service (FIRS), and other statutory bodies.

According to the report seen by THISDAY, the total arrears inflows amounted to exactly N1,490,778,578,480.61 over the six-month period, averaging over N248 billion monthly and providing additional fiscal space for the government at a time of government’s mounting debt service obligations.

The figures released showed that in January 2025, reconciled arrears worth N367.37 billion were remitted to the Federation Account, the highest single-

burned alive in their homes.

It made reference to the killing of 47 persons in Zamfara State, including 38 victims executed, despite ransom payments.

ADC said, “This evil act epitomises the horrors that Nigerians have been forced to endure under this administration. It is also damning proof of the collapse of our national security, prompting even the Chief of Defence Staff (CDS) to urge citizens to learn self-defence.”

The opposition coalition criticised Tinubu for what it called misplaced priorities, accusing him of focusing on international engagements while domestic crises festered.

“It is disheartening that instead of confronting these tragedies with the seriousness they demand, President Tinubu continues to travel abroad,

insinuation that he might not contest the presidential poll two years from now, stressing that he will run for the nation's top job in the next election cycle.

One of the politician's spokespersons during the 2023 presidential election, Tunde Olusunle, disclosed this to THISDAY last night, quoting his ex-principal as maintaining that Nigeria needs to be decisively rescued from

month inflow during the period. This was followed by N227.15 billion in February and N175.99 billion in March. In April, arrears payment rose to N259.85 billion, before dropping to N247.05 billion in May and N213.37 billion in June.

Specifically for June 2025, FAAC recorded a reconciled arrears payment of $41.07 million, equivalent to N213.37 billion at the official Central Bank exchange rate of N1528.705 as well as local currency reconciliation of N150.589 billion. This payment included $5.19 million (N7.92 billion) from the FIRS in respect of Petroleum Profit Tax value arrears; $35.43 million (N54.15 billion) from NUPRC’s royalty value arrears, and $459,226

chasing photo-ops, while citizens are dying in droves,” the statement added.

ADC also rebuked governors of the Peoples Democratic Party (PDP) for holding a political meeting in Zamfara State shortly after the killings. It stated regarding the PDP rally, “Rather than standing in solidarity with their grieving colleague and community, they staged a political rally in a town still reeling from mass murder. Their ceremonial posturing and smiling photo ops are deeply insensitive.”

Beyond calling for a state of emergency, ADC also demanded a total overhaul of the country’s security framework.

“The recent advice by the CDS for citizens to arm themselves is perhaps the clearest indication yet that our internal defence system needs

the ‘intensive care’ unit it has been consigned to under the Bola Tinubu government.

Atiku, until recently a prominent figure in the Peoples Democratic Party (PDP), has often sought broad coalitions to strengthen his presidential bids. In that light, the ADC, a hitherto relatively smaller party has brought together some heavyweight politicians, positioning itself as a third-force

(N702.9 million) from NNPC joint venture outstanding royalty. The N150.59 billion came from NUPRC on other royalty receipts.

But while the N1.49 trillion inflows were welcomed as a boost to the Federation Account, the FAAC report warned that much larger sums remained outstanding.

At the inter-agency reconciliation meeting held in August 2025, additional outstanding amounts undergoing reconciliation were put at $78.23 million and another N1.72 trillion from FIRS/NNPC and another N2.32 trillion, to hit 6.75 trillion.

The bulk of this figure was attributed to the NNPC, which accounted for $11.24 million and N164.7 billion,

urgent reform,” the party added. ADC accused both the ruling All Progressives Congress (APC) and PDP of putting politics above the welfare of Nigerians. It said, “Neither the APC nor the PDP genuinely cares about the people. Their obsession with power and politics has blinded them to the pain and suffering of Nigerians.”

Meanwhile, the factional leadership of ADC, under Nafiu Bala, dismissed as fake a resignation letter purportedly attributed to him, describing it as a fraudulent creation by desperate political actors.

In a statement issued by Director of Media and Public Affairs in the Office of the National Chairman, Dr. Christopher Okechukwu, the group said the document dated May 18, 2025 was neither authored nor signed by Bala,

alternative outside the dominance of the APC and PDP.

Besides, the former Nigeria's number two man decried what he described as the unprecedented ‘thievery’ in the current administration, highlighting the need to ‘rescue’ the country from its current leaders.

He pointed out that the ADC will mobilise Nigerians to upstage the status quo in

and NUPRC/NNPC jointly, which made up $66.99 million.

In the same vein, FIRS/ NNPC reconciliation added N1.72 trillion, while other government agencies owed N2.03 trillion, to hit $78.2 million and N6.7 trillion, which had yet to be reconciled.

Beyond these, arrears of about N2.54 trillion from before June 2023 are still unresolved, the document showed. These older payments have now been referred to the Stakeholders Alignment Committee and the FAAC Sub-Committee for further reconciliation.

“Members should note that the above outstanding amounts are still being reconciled at the monthly reconciliation meetings between the agencies and the Sub-Committee.

“Furthermore, the sum

and it lacked the official insignia of ADC.

It emphasised that Bala had not resigned from his position and would continue to lead the faction.

The statement said, “The National Leadership of the African Democratic Congress (ADC), under the legitimate and constitutionally recognised Acting National Chairman, Hon. Nafiu Bala, hereby issues this statement to categorically deny the existence of any legitimate resignation letter from Hon. Nafiu Bala and to expose the malicious plot engineered by former National Chairman, Chief Ralph Okey Nwosu, and a coalition of power-seeking elements attempting to hijack the party's structures through undemocratic means.

“The ADC emphatically denies the authenticity of a

2027, emphasising that he will be offering himself for election.

“The accompanying deceit, the loss of values, the mega-scale, unimpeded thievery and the absolute lack of accountability must disturb every concerned patriot. I will be offering myself to lead the reclamation and reconstruction of our traumatised homeland,” Olusunle quoted Atiku as having said, after conferring with him.

of N2,535,352,533,190.87

outstanding payments from the revenue generating agencies before June, 2023, were referred to the Stakeholders Alignment Committee and the sub-committee awaits the outcome of the technical reconciliation meeting conveyed by the Ministry of Finance. All outstanding between January 2023 and December 2024 was taken to the Alignment Committee,” the report reiterated.

The reconciliation exercise is part of government efforts to improve accountability in the management of public finances and close loopholes in remittances by revenue generating agencies.

For years, FAAC allocations to the federal, state, and local governments have been

resignation letter purportedly authored by Hon. Nafiu Bala and dated May 18, 2025. This document is entirely fabricated, fraudulent, and maliciously circulated by certain mischievous elements within and outside our party seeking to undermine the ADC's constitutional leadership and sow discord among our members.”

The group maintained, “Hon. Nafiu Bala has not at any time resigned from his position as Deputy National Chairman of the ADC, nor has he relinquished his leadership role following the legitimate transition processes outlined in the party constitution.

“The fraudulent document, which lacks official party letterhead, emblems, or insignia, represents a desperate attempt to create confusion and destabilise the party's operations.”

Atiku explained that the coalition which he is leading under the ADC is to galvanise popular support for the liberation of Nigeria, but said that a platform which was adopted just a few months ago cannot be expected to engender upsets in by-elections that just held. "ADC is leading a potent mass movement which will shock the

undermined by remittances underpayments, with NNPC especially frequently accused by states and civil society groups of withholding funds or making delayed remittances.

In the past, FAAC meetings have ended in deadlock over disagreements about what NNPC declares as gross revenue and the deductions it made for subsidy, pipeline repairs, and joint venture obligations before passing the balance to the Federation Account. The issue worsened in 2022 and 2023, when huge amounts were carried as unremitted arrears. The ongoing reconciliation exercise seeks to address those backlogs, ensuring that revenues due to the Federation are captured and distributed among the three tiers of government.

GRADUATION AND CLOSING CEREMONY FOR THE LAGOS STATE EXPORT READINESS PROGRAMME...

FATF to Countries: Monitor Digital Assets' Development, Provide Tools to Watch Potential Terrorist Activities

Tells UN ISIS using Crypto to finance global terrorism

Ndubuisi Francis in Abuja

Global anti-money laundering (AML) watchdog, Financial Action Task Force (FATF), said terrorist group, Islamic State of Iraq and Syria (ISIS) was using virtual assets, such as crypto, to fund their operations.

It urged countries and the private sector to monitor the development of virtual assets and provide tools to identify

potential underlying terrorist activities.

FATF, which was originally created in 1989 to tackle money laundering, was mobilised within just one month of the 9/11 attacks to also include in its mandate combating terrorist financing.

The Paris-based group, which sets AML standards worldwide, said the virtual assets technology was being used as a way to

conceal payments.

FATF President, Elisa de Anda Madrazo, told the United Nations (UN) Security Council at the weekend that the agency had in June this year completed a Comprehensive Update of Terrorist Financing Risks, with the professional collaboration of UN officials and France.

Madrazo said the report examined different types of financing of terrorist groups

and individuals, and included detailed information on the financing of Daesh and affiliates.

Madrazo stated, "What we see is that over the past decades, terrorists have demonstrated a persistent ability to exploit the international financial system.

"And these methods they employ vary widely, but we see the trend that underscores both their adaptability and determination.

FATF to Countries: Monitor Digital Assets' Development, Provide Tools to Watch Potential Terrorist Activities

Tells UN ISIS using Crypto to finance global terrorism

James Emejo in Abuja

In a major milestone, PremiumTrust Bank said it has met the Central Bank of Nigeria (CBN)'s N200 billion minimum capital requirement for National Commercial Banks in the country.

The feat came well ahead of the March 2026 deadline set by the the apex bank, following a successful capital raise of rights issue and private placement offerings, as part of the ongoing banking sector recapitalisation exercise.

The achievement, which has received CBN’s approval, not only underscored the Premium Trust's exceptional financial

strength but also positions it as a dominant player in the Nigerian banking industry.

The milestone further solidifies its place as the fastest-growing bank in Nigeria.

Commenting on the achievement, Managing Director/ Chief Executive, Premium Trust Bank, Dr. Emmanuel Efe Emefienim, described the development as a watershed for the bank.

In a statement, he said,

“Exceeding the N200 billion capital requirement is a defining moment in the bank’s journey.

"This achievement coming in just three years of the bank’s existence is a reflection of our

superior financial performance since inception, unwavering commitment to operational excellence, and the trust reposed in us by our shareholders, customers, and regulators.

"As Nigeria’s fastest-growing bank, we are uniquely positioned to not only lead the sector but to continue delivering outstanding value and growth for our stakeholders.”

Since its inception in 2022, PremiumTrust Bank has consistently broken records, thus setting new benchmarks in financial performance and customer satisfaction. This latest milestone – surpassing the required capital threshold

– is a testament to the Bank’s exceptional growth trajectory and the strength of its business model, which has delivered impressive results year after year.

Emefienim said by meeting the CBN’s N200 billion capital requirement, the bank is presently better positioned to expand its operations, deepen its market share, and continue to deliver cutting-edge banking solutions that cater to the diverse needs of individuals, businesses, and corporate clients across Nigeria.

The bank's rapid growth and record-breaking financial performance have made it a true force to reckon with in the Nigerian banking sector.

World Bank Reaffirms Support for Nigeria's Development Agenda

Ndubuisi Francis in Abuja

The World Bank has reaffirmed its commitment to supporting Nigeria’s development agenda while applauding the country’s leadership role in continental fora, including the recent Africa Caucus.

The reaffirmation was conveyed by Nigeria's former minister of finance and current World Bank Executive Director for Angola, Nigeria and South Africa (ANSA) Constituency at the World Bank Mrs Zainab

Shamsuna Ahmed.

She spoke at the weekend during a visit to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun for a strategic briefing on Nigeria’s priorities within the Bank’s constituency. In his remarks, Edun explained that Nigeria was committed to channelling multilateral support into impactful projects that expand infrastructure, create jobs, and unlock private sector investment. The minister

noted that reforms such as subsidy removal, improved tax collection, and digitisation are already attracting international capital, with new investments in manufacturing signalling renewed confidence in Nigeria’s economy.

"We are targeting GDP growth of up to 7% in the medium term, more than double population growth and significantly raise living standards.

"Our focus is on structural reforms in agriculture, power,

and digital infrastructure to build a stronger, more competitive economy," he said.

Edun welcomed the World Bank’s continued partnership, stressing that Nigeria’s reform momentum, combined with strategic multilateral support, will lay the foundation for sustainable growth and private sector–led development, a statement issued by the Director, Information and Public Relations, Ministry of Finance, Mohammed Manga said.

"Context really matters. Depending on contextual circumstances, we see that the type of terrorist organisations, individuals and those who finance terrorism have varying financial needs and consequently adapt their financial management strategies."

According to her, despite improvements in transparency and risk management practices of the private sector, FATF observed that terrorists continue to use formal financial systems, including deposit accounts, wire transfers, and prepaid cards.

The FATF chief said, "The major evolution is due to digital transformation. Digital platforms — such as social media, messaging applications, and crowdfunding

systems—are increasingly being abused for terrorist financing, particularly when they offer integrated payment systems that bypass due diligence measures.

"We see an increasing level of abuse of virtual assets, with some groups systematically leveraging them and employing obfuscation techniques and shifting towards alternatives promoted as more private and secure.

"In particular, our report highlights that in 2024, ISIL-K has increasingly used virtual assets for organisational transfers and to collect donations internationally.

"To address this, the updated FATF Standards support countries and the private sector to monitor the development of virtual assets and provide tools to identify potential underlying terrorist activities.

Renaissance Energy Targets

300,000bpd

Oil Output By January 2026

Blessing Ibunge in Port Harcour

Renaissance Africa Energy Company Limited has stated that it has achieved great progress within a short period of transition from the Shell Petroleum Development Company (SPDC), and is poised to achieve more despite some challenges before it.

This is as the indigenous oil firm has disclosed that its oil production has increased from 100,000bpd to 230,000bpd since the handover, adding that it targets 300,000bpd by January 2026.

Chief Production Officer (CPO) of Renaissance, Dr Mesh Maichibi, who made the assertion during his lecture at the 20th annual lecture and awards ceremony organised by the Nigerian Society of Engineers (NSE) Port Harcourt branch, said the firm has improved in national ownership, job retention, communities relations and leadership stability.

Speaking on the topic:

"Transition ManagementRenaissance Case Study", at the event held in Port Harcourt, capital of Rivers State , Maichibi said the company is currently stabilising the gains while at the same time aggressively pursuing the safe and responsible delivery of values to the key stakeholders. The CPO who noted that the vision of the company is to be Africa's leading e energy company enabling energy security and industrialisation in a sustainable manner, explained that Renaissance's vision is "partnering for prosperity, empowering the people, integrating value chains and securing energy future".

Responding to questions from journalists at the event, Maichibi stressed: "Currently as I speak, we are doing close to 230,000barrels of oil per day, so we just need about 70,000 to achieve 300,000bpd by January 2026. We have three facilities that need to start up and by the end of the year we will start them up and we should end the year with 300,000 barrels per day.

Promo runs till 9 November 2025.

Alausa Lists Achievements, Says N120bn Approved for Technical Education, N80bn for Unity Schools’ Upgrade

Reveals FG raised scholarship funding by 50% With 65% surge, states access N78.6bn UBEC grants FG raises annual enrolment capacity for nursing programmes from 28,000 to 115,000 students

The Federal Ministry of Education has listed some of its achievements between 2024 and 2025, highlighting the approval of a N120 billion financing for technical education as well as N80 billion for the upgrade of Unity Schools nationwide.

Besides, the Tunji Alausaled ministry, in a document, stated that the Bola Tinubu administration raised student scholarship funding by 50 per cent, while 27 states and the Federal Capital Territory (FCT) have been able to access an unprecedented N78 billion in Universal Basic Education (UBE) funding. In the same vein, Alausa

listed the announcement of the creation of a national anti-bullying policy in collaboration with the Attorney General’s office, with the policy framework adopted between January–February 2025 via the National Council on Education (NCE) as part of the achievements.

With Nigeria currently having the highest number of out-of-school children globally, an unsustainable trend for national development, Alausa stated that the Tinubu’s administration has prioritised reducing this number. To this end, he stated that in partnership with the Ministry of Humanitarian Affairs, parents, especially mothers, will receive financial support to encourage school enrollment,

NASENI: $2 Billion Commitments Secured, 40 Products Ready Under Tinubu

The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has said Nigeria has witnessed unprecedented progress in technology transfer under President Bola Tinubu’s administration, with over 1,000 applications from global companies received in just one year.

Halilu made this known during Tinubu’s interactive session with Nigerians in Japan, held on the sidelines of the just concluded Tokyo International Conference on African Development (TICAD).

According to him, the accelerated Technology Transfer Programme approved by the President has already attracted $2 billion in commitments, while also simplifying the application process through a seamless online platform.

“We have moved from being a research and development agency with only prototypes on the shelf to an implementing agency with

40 market-ready products,” Halilu said.

He disclosed that NASENI has signed a deal with a Japanese company in the area of nanotechnology, which would establish four factories in Nigeria. He expressed optimism that more Japanese firms would take advantage of the enabling policies to invest in the country.

Halilu also highlighted ongoing projects including a 40-hectare renewable industrial park, an electric vehicle assembly plant, and other technology-driven initiatives designed to boost industrialisation and create jobs.

He attributed these achievements to the President’s policies, which he said had opened Nigeria’s doors to diasporans and foreign investors eager to partner with the country in critical sectors.

The NASENI boss assured potential investors of full support, stressing that Nigeria is ready to provide an enabling environment for technology transfer and sustainable industrial growth.

while the ministry will use Key Performance Indicators (KPIs) and monthly benchmarks to track and boost enrollment across states.

Besides, the document stated that there has been a major infrastructure investment for Unity Schools, to the tune of N80 billion for upgrades in national unity schools, covering rehabilitation, security, fencing, and solar installations—a firstof-its-kind investment level in recent history.

According to the document, the modernisation of 38 federal and state technical colleges across Nigeria, introducing a dual-training model with 80 per cent hands-on practical training and 20 per cent theory, and targeting the training of 5 million youth within four years is also in full swing.

Among many others, the minister noted that the ministry introduced 50 locally authored tertiary-level academic textbooks under TETFund’s Higher Education Book Development Intervention Project, with another 60 titles expected by end of 2025.

In addition, the ministry noted that the federal government launched an Artificial Intelligence

Oluremi Tinubu,

training programme to equip 6,000 selected senior secondary school teachers across the 36 states and the Federal Capital Territory (FCT).

Another achievement, Alausa said, was the increase of annual enrolment capacity for nursing programmes from 28,000 to 115,000 students as part of workforce development in health education.

The minister, according to the document, also oversaw the creation of 21 new universities since his appointment, alongside a memo to address funding, staffing, and alignment with national development goals.

Under the HOPE-EDU Initiative, the minister noted that a large-scale education transformation initiative targeting 29 million children, 500,000 teachers and 65,000 schools, an umbrella framework or federal roadmap, possibly incorporating various reform streams like infrastructure, inclusion, and digital transformation, was launched.

“FG raised annual scholarship grants for PhD, Master’s and undergraduate students by 50 per cent in 2025. (There was) increase

in scholarship grants by 50 per cent, raising annual payments to N750,000 for PhD students, N600,000 for Master’s students, and N450,000 for undergraduates.

“This adjustment is part of a N6 billion scholarship plan for the 2025–2026 academic cycle. The policy was announced by the Minister of Education, Dr. Maruf Tunji Alausa,” the ministry reiterated.

In April 2025, it said that the minister formally initiated a national drive to unlock over N263 billion in unaccessed Universal Basic Education Commission (UBEC) funds by writing directly and launching a strategic push to unlock the un-accessed UBEC funds held back due to non-payment of counterpart funding by states from 2020 to 2024.

According to the ministry, personalised letters were issued to over 30 governors, detailing state-specific UBEC arrears and calling for immediate compliance.

“The letters reminded states of their legal obligation under Section 11(2) of the UBE Act, 2004, with New Policy Implementation Tools Introduced; State-by-state monitoring with set deadlines;

Deployment of performance indicators to track fund disbursement and the impact on basic education and emphasis on accountability, transparency, and real-time data tracking.

“Following the personalised letters, 65 per cent surge in UBEC grants was noticed by mid-year 2025. 27 states and the Federal Capital Territory have accessed N78.6 billion in Universal Basic Education matching grants by mid 2025.

“The upsurge followed the implementation of the UBEC 2025–2030 Strategic Blueprint, which introduced a revised matching grant formula that prioritises equity, quality, accountability, and state-specific service delivery in basic education funding. The rise in accessed funds is attributed to high-level advocacy carried out by the minister in the personalised letters,” it added.

Among other achievements, the document stated that as of July 24, 2025, NELFUND reported that more than N77 billion ($50 million) had been disbursed to 396,252 students across 210 tertiary institutions nationwide.

In Ondo, Tinubu's wife empowers another 500 women with economic tools

Fidelis David in Akure

The First Lady of Nigeria and Chairman of the Renewed Hope Initiative (RHI), Senator Oluremi Tinubu, on Saturday restated her commitment to women's empowerment and enterprise development with the empowerment of 1,000 women and Persons Living with Disabilities in Lagos. Speaking during the Renewed Hope Initiative Empowerment Programme with the theme "Empowering Women for Self-Reliance and SDGs Acceleration", Senator

Tinubu said 18,500 women will benefit from the initiative across Nigeria's six geopolitical zones.

The event was organised by the Office of the Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire, at the Lagos House, Ikeja.

In a related development, the First Lady, Senator Oluremi Tinubu also empowered another set of 500 women in Ondo State, through the Renewed Hope Initiative Support Scheme office of the First Lady and the office

of Mrs. Adejoke Adefulire, Senior Special Assistant to the President on Sustainable Development Goals.

This comes few weeks after the First Lady empowered 500 women in the state with a grant of N50,000 each, under the Renewed Hope Initiative’s (RHI) Economic Empowerment Programme in partnership with Tony Elumelu Foundation.

Meanwhile, Senator Tinubu praised Lagos State Governor, Mr. Babajide Sanwo-Olu, for this gesture and commitment to the growth and development of women in Lagos State and

for supporting the Renewed Hope Initiative Empowerment Programme with an additional 500 empowerment items, raising the total beneficiaries in Lagos to 1,000 women and persons with disabilities, compared to 500 in other states. She explained the items which include gas cookers, grinding machines, chest freezers, generators, hair dryers, and other equipment, would provide beneficiaries with the resources to build successful businesses, reduce poverty, and contribute to national prosperity.

INAUGURATION OF LAGOS STATE INDUSTRIAL LEATHER HUB...

Aid Freeze by Donor Agencies Takes Toll on Nigeria

Lost 23% of USAID's country programmes by March 27 FG confirms half-year negative ODA flows, constrained fiscal space WFP suspends hunger programme in North-east

The massive cut of Official Development Assistance (ODA) from historical donor countries is already taking a toll on Nigeria and other developing countries, constraining the fiscal space and worsening emergency hunger programme in the North east, among others.

While being sworn in for the second time on January 20, 2025, the United States President, Donald Trump had ordered an initial 90-day stoppage of the supply of medical aid related to HIV, malaria, and tuberculosis as well as the supplies of drugs and equipment meant for newborns in USAID-supported countries, including Nigeria.

Latest information made

available by the Mo Ibrahim Foundation revealed that USAID had frozen 23 per cent of its entire programmes in Nigeria as of March 27, 2025, representing 0.05 per cent of Gross National Income (GNI).

The United States alone provided $7.8 billion in foreign aid to Nigeria between 2015 and 2024, supporting sectors like healthcare, security, and economic development.

As of May 7, 2025 only 891 or 14 per cent of the 6,256 operating USAID global programmes worth $69 billion were sustained (down from $120 billion on January 20, 2025).

In 2023 (the latest year available), the US contributed 20.7 per cent of total ODA to Africa.

Although there is no Nigeriaspecific figure of Official

Historic Awolowo House Demolished for Tech, ICT Mall

The rationale behind demolition of the historic Awolowo House, a multi-story building, in Ikeja, Lagos, that has been a symbol of innovation since 1978 has been explained.

The iconic building managed by Wemabod, a subsidiary of Odu’a Investment Company Limited, owned by the six South West states of Lagos, Ogun, Osun, Oyo, Ondo and Ekiti, was demolished and is being rebuilt into a modern and magnificent technology haven called Awolowo Technology Mall.

The new Awolowo Technology Mall, is being developed to commemorate and immortalize legendary nationalist, Chief Obafemi Awolowo’s legacy of innovation, quest for knowledge, spirit of discovery, and excellence; qualities the leading technology companies taking up spaces at the Awolowo Technology Mall are globally famous for.

The new Awolowo Technolgy Mall will more than double the previously available commercial space of Awolowo House from 4,800 sqm to over 9,000 sqm.

On the rationale for the

demolition of the former edifice, the managing director of El-Salem Nigeria Limited, Mr. Ben Gbade Ojo, whose company is in partnership with Wemabod to develop the Awolowo Technology Mall, told journalists in Abuja at the weekend, that “the Awolowo Technology Mall, now famously called A.T Mall, is a place where top-notch information technology companies will set up shops and offices to exhibit and market the latest information communication technologies and systems.”

He added it would be a place where latest ICT products from global technology companies can be found in Nigeria.

“It is a place where leading ICT experts congregate and set up shops and offices, a place where ICT training is carried out by global ICT geniuses and where ICT puzzles find ready answers, and ICT problems find well-tailored solutions.

“You will likely find at the A.T Mall, any ICT product or electric product available in the world, and you may not need to travel outside Nigeria for the product. Whatever technology products or services you are in need of, come to A.T Mall, Ikeja, and you will get them”.

Development Assistance (ODA)--a foreign aid metric used by the Organisation for Economic Cooperation and Development (OECD) and Development Assistance Committee (DAC) to measure financial flows from wealthier countries to developing nations, Africa received $42 billion of the global total aid of $212 billion in 2024.

A new publication by the Mo Ibrahim Foundation, titled "Demystifying Africa's Dependence on Foreign Aid," net ODA received as a share of GNI has remained more or less the same in SubSaharan Africa over the past 20 years, from 2.83 per cent in 2000 to 2.95 per cent in 2022.

"This represents the highest

share of all world regions, five times higher than second place Middle East and North Africa at 0.59% in 2022.

"Unlike other regions which remained relatively stagnant, Sub-Saharan Africa was on a downward trend from the historical (since 2000) high of 4.29% in 2006 until 2019.

"However, between 2019 and 2020, ODA received as share of GNI increased from 2.96% to 3.94%, the steepest year-on year rise due to increased disbursements in the wake of COVID-19.

"In 43 out of the 51 African countries with available data, the ODA received-to-GNI ratio increased between 2019-2020, the highest number of countries since

Tinubu Courts

2000. Since 2020, this number of countries has been on a downward trend again, albeit from a much higher starting point," the report said.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun recently disclosed that Nigeria recorded negative ODA flows in the first half of 2025.

He said: "One way the fiscal space is constrained; first of all, overseas development assistance--the flow is negative.

More countries- (developing) countries are paying back more in terms of repayments, in terms of debt servicing than they are receiving. And that has meant clearly constraint in the fiscal space."

According to preliminary data across all DAC countries, cumulative ODA for all recipients and sectors fell by -7.1 pper cent in 2024 compared to 2023, the first drop after five years of consecutive growth.

To a large extent, analysts have attributed the drop to increases in ODA to Ukraine.

In Germany, Africa’s second largest bilateral donor after the US, budget reductions for ODA between 2023 and 2025 amounted to €3 billion ($3.1 billion), or 10.5 per cent . France’s 2025 budget includes a €1.2 billion ($1.4 billion) cut to development aid, bringing it to 18.6 per cent less than 2024.

South-east, Says No Govt Has Done More for Igbo People

Emmanuel Addeh in Abuja

President Bola Tinubu at the weekend sought the support of people from Nigeria's Southeast region, stressing that no administration has been so good to the people from that part of the country than his government.

Tinubu spoke on the occasion of the celebration of the Silver Jubilee of the throne of the traditional ruler of Amaifeke community and Chairman of the Imo State Council of Traditional Institutions, His Royal Majesty, E.C Okeke, Ezeudo II of Amaifeke Ancient

Kingdom, in Orlu Local Government.

At the event which held at the Eze Imo Palace, Owerri, Tinubu who was represented by the Minister of Works, David Umahi, reiterated his unwavering commitment to inclusive economic prosperity for all sections of the nation.

The president's representative, a statement from Umahi's spokesman, Uchenna Orji, said, used the opportunity to solicit for the unalloyed support and solidarity of the people of South-east to the current administration.

“He asked for unanimous

support for the re-election of President Tinubu come 2027,noting that the South-east has not had it this good in terms of inclusiveness in the economic and political landscape of the nation,” the statement added.

It quoted him as congratulating the monarch on his long and eventful 25 years of royal reign and described him as a man of profound integrity and a leadership asset not only to Imo State but also to the entire South-east and the nation.

He stated that the people of South-east have a pride of place

in his agenda of rebuilding Nigeria and making the country the pride of the continent of Africa.

Besides, he made reference to the new trajectory of ‘road infrastructure transformation’ being witnessed in all the parts of the South-east.

These, he said, include the Onitsha-Enugu road, OwerriAba road, Enugu-Port Harcourt Expressway, Enugu-Abakaliki dualisation, Calabar-EbonyiBenue-Nasarawa-Abuja project, bridges, among others. In his remarks, the Governor of Imo State, Senator Hope Uzodimma, expressed

Obasanjo, Lumumba, Others to Speak on Individual Transformation at 2025 GOTNI Leadership Conference

Kuni Tyessi in Abuja

As one of the most influential voices on leadership, innovation and governance, former President Olusegun Obasanjo and astute scholar and Founder of the Lumumba Foundation, Prof. Patrick Lumumba have been mentioned to be amongst the speakers at the 2025 leadership conference being organized by

GOTNI Leadership Centre.

While Obasanjo will be speaking outside of politics and with concentration of business and entrepreneurship, Lumumba will focus on leadership and the need for the transformation of the human mind from the individual perspective.

Addressing the press yesterday on the forthcoming conference scheduled for the fifth and sixth of September, convener and CEO

of GOTNI Leadership Centre, Dr. Linus Okorie said if Nigeria must make strategic progress, there must be an effort for leaders to deliberately, on their own find themselves in rooms where their mindset can be transformed to inspire great results for their institutions.

Disclosing the theme of the conference which will be centered on "Transforming minds, Inspiring results", Okorie individuals are

expected to take leadership courses seriously because everything rises and falls on leadership. He noted that the economy of the nation is already going through a challenging situation and with people going through a stretchy moment including leaders who are going through the pains of finding themselves in corners where they don't want to be, and don't know what to do.

OLU OF WARRI HONOURS SONS, DAUGHTERS WITH ROYAL ORDER OF IWERE...

NLC Warns RMAFC Against Pay Rise for Political Office Holders

Says it will deepen inequality, poverty among Nigerians Condemns Usman's explanations as largely puerile, insensitive, insulting to nation’s collective intelligence Insists their current earnings must be made public

Onyebuchi Ezigbo in Abuja

Nigeria Labour Congress (NLC) has warned that the proposed upward review of the remuneration packages of political office holders across the country would deepen inequality and poverty among Nigerians.

NLC, therefore, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to halt the move.

A statement yesterday in Abuja,

signed by NLC President, Joe Ajaero, said, "We are outraged by the decision of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to embark on a comprehensive upward review of the remuneration packages of political office holders across the country.

"The move is insensitive, unjust, inequitable and will only succeed in deepening the growing inequality between civil servants and political office holders.

"It will equally deepen poverty among the generality of Nigerians majority of whom have not only been adjudged to be multi-dimensionally poor, (but also) live miserably poor."

The labour movement said it listened with growing apprehension to the justification for the adventure by Chairman of RMAFC, Mr Mohammed Usman, but found it unacceptable.

NLC insisted that making public office a haven for wealth-

making, “for literally doing nothing”, instead of a place for service and sacrifice would increase the desperation for public office with its inadvertent consequences, “including selfextinction”.

NLC stated, "Mohammed Usman's explanations, largely puerile, insult our collective intelligence, as they say nothing of the humongous advantages tied to these offices elegantly couched as perquisites, ways and means,

PENGASSAN Calls for Policy Stability in Petroleum Sector

Minister,

NNPCL pledge to ensure refineries

Onyebuchi Ezigbo in Abuja

As part of strategies to actualise Nigeria's vision of exponentially increasing her crude oil production volume, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government to maintain a clear-cut, stable policy devoid of frequent changes and reversals.

The union's advice came as the Minister of State for Petroleum, Senator Heineken Lokpobiri and the Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC Limited), Engr. Bayo Ojulari, expressed

government's commitment to increasing the country's crude oil production and sustaining operations of local refineries

PENGASAN President, Festus Osifo, who addressed participants at the opening of the fourth edition of PENGASSAN Energy and Labour Summit stated that investors need certainty for medium to long term planning.

On achieving incremental production and incentivising investment, Osifo said there was need to ensure consistency and stability in government's policies in oil and gas sector.

According to Osifo, frequent policy summersaults and changes

come on stream

to laws does not make for stability, "rather, it's a disincentive to investment".

Lokpobiri, who spoke on federal government's efforts to stabilise production in the oil and gas sectors, said a lot policy initiatives have been introduced which has resulted in the present growth being witnessed in the industry.

He further said the federal government was committed to ensuring zero tolerance for health and safety violations in the oil and gas operations.

According to him, Nigeria was experiencing a growth trajectory in the oil and gas industry.

He said Nigeria presently

produces about 1.8 million barrels of oil per day, adding that the target was to exceed two million barrels per day, thereby exceeding the OPEC quota.

Lokpobiri also said because of the critical position of oil in the economy, accounting for over 90 percent, the country needs to sustain the critical manpower through training and updating of technology

As part of efforts towards improving oil production, he said the ministry has decided that it would only issue licences to companies with proven financial and technical capabilities to engage in oil production.

20 AAU Students Benefit from NELFUND Loan Scheme

Adibe Emenyonu in Benin City

No fewer than 20 Indigent students of the Ambrose Alli University (AAU), Ekpoma University, have benefited from the NELFUND Loan Scheme.

Besides, three students of the university were awarded scholarship through the O'pay

digital services powered by Esan Association in Diaspora.

Acting Vice Chancellor of AAU, Prof. Olowo Samuel, disclosed this during an interface with journalists in Benin City.

Professor Samuel who disclosed the commitment of his administration to academic excellence, innovation and community service, also

said, "This administration introduced the IMPACT 7 initiative; a transformative ICT initiative designed to drive digital innovation across the institution".

He said under his stewardship, the university has reinstated its politically sacked staff by the defunct Special Intervention Team (SIT).

According to him, "All staff members who were removed from AAU's payroll due to the controversial biometric exercise conducted by the SIT have been reinstated", adding that since his inception as the Acting Vice-Chancellor, the institution has witnessed dramatic transformation in human capital development and other achievements.

while the poor live only on hopes and dreams,” referencing a line in a 1979 album by Bob Marley and The Wailers, Survival.

The statement added, "This is aside from other unwritten and unmentionable advantages that set them apart from the other disadvantaged citizenry.

"This exercise is coming at a time of promotion and salary freeze in most public sub-sectors and the continued imposition/ operation of N70,000 minimum wage because there are no resources to pay higher in spite of insane tariff hikes.

"We recall the last time a wage review (not minimum wage) was done for civil servants, it

was not more than 50 per cent. However, when that of political office holders was done a year or so later, it was in excess of 800 per cent.

"Whereas with civil servants, wage reviews or promotions are dependent on resource availability, with political office holders, this rule does not operate.”

NLC said one of the most heinous crimes against humanity was the institution and promotion of apartheid in any human setting, no matter how subtle. It stated, "Accordingly, we demand as follows: the current earnings of all political office holders should be made public.

Widow Faking Pregnancy

to

Traffic Cocaine Arrested by NDLEA in Lagos

Michael Olugbode in Abuja

A 50-year-old widow and fashion designer, Mrs. Ifeoma Ezewuike has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) over attempt to traffic 1.3 kilogrammes of cocaine, using fake pregnancy as a façade to escape scrutiny and detection.

A press statement on Sunday by the spokesman of the antinarcotics agency, Femi Babafemi, said the widow who is a mother of one and proprietress of Golden Star Creation, a fashion outfit in Ago Palace Way, Okota, Lagos, was arrested at a bus terminal in Jibowu, Yaba area of the state last Friday while attempting to move the cocaine consignment to customers in Abuja.

Babafemi said a follow up operation at her house in Ago palace area led to the recovery of 200 grammes of cutting agent used in the production of a

strain of cocaine. He noted that in her statement, Ezewuike claimed she inherited the criminal trade from her husband who died two years ago, while she has been in the fashion business for 20 years. Babafemi also said not less than 90 parcels of Loud, a strain of cannabis weighing 48.6 kilogrammes, imported from the United States of America and concealed in three cartons of kitchen sink were intercepted at a courier company in Lagos on Tuesday 19th August by NDLEA officers of the Directorate of Operation and General Investigation (DOGI). According to him, in Adamawa, NDLEA operatives acting on credible intelligence last Friday raided the home of alleged drug dealer Idris Garba who scaled the fence to escape arrest while one of his associates Boniface Nnaji, 55, who attempted same was caught in the act at Rumde Baru area of Yola South.

PARTNERSHIP FOR CULTURE AND TOURISM...

Presidency Justifies Tinubu’s Visit to Brazil, Says It's a Strategic Move for Nation’s Economic Future

Deji

The Presidency yesterday justified the two-day official visit of President Bola Tinubu to Brazil from 24 to 25 August, 2025.

Reacting to criticism trailing the state visit on a Television programme (TVC's Sunday Politics) in Abuja on Sunday evening, presidential spokesperson, Sunday Dare described the state visit as a profoundly strategic step, aimed at deepening cooperation between Nigeria and Latin America’s

largest economy and a key BRICS member.

According to the presidential media aide, the trip reflects Nigeria’s broader ambition to diversify and strengthen its economy beyond traditional alliances.

He explained why the visit is not only timely but essential for Nigeria’s growth.

His words: “This is the third visit of President Tinubu to Brazil, and it is with a justifiable cause. It reflects a renewed and focused effort to build lasting

economic integration between our countries—a journey that started 21 years ago under President Obasanjo and has gained fresh momentum under President Tinubu.”

Dare highlighted compelling parallels between Nigeria and Brazil, noting their comparable population sizes—Brazil’s 212 million, and Nigeria’s 225 million—and Brazil’s distinguished position as a global leader in mechanised agriculture and renewable energy.

“Brazil has a cattle herd of

238 million, even more than its human population. This success in agribusiness offers valuable lessons for us as we expand our livestock industry.”

While previous presidential visits focused on international summits such as the G20 and BRICS, the Special Adviser clarified that this visit represents a decisive shift from diplomacy to concrete economic and political agreements.

According to him: “This third visit is a state visit, and it moves Nigeria from being a dialogue

Migbaci Expo to Attract 15,000 Visitors in Push for Sustainable Tourism

Sunday Ehigiator

More than 15,000 participants are expected to converge in Lagos by December for the Migbaci Expo, a three-day cultural and tourism exhibition designed to spotlight Nigeria’s untapped tourism potential and push for sustainable sector development.

The event, scheduled for December 11 to 13, 2025, will run under the theme ‘Imperative of Tourism to National Development’.

Organisers say it will bring together stakeholders from within and outside Nigeria’s hospitality and tourism value chains.

Speaking over the weekend, the Chief Executive Officer of Migbaci Expo, Mr. Akinwale

Alabi, stressed the urgent need for deliberate government investment to revive Nigeria’s underperforming tourism industry. “Tourism is the way to go. That is why we are hosting this event, to open eyes to what Nigeria has and what we’re failing to harness,” Alabi said. He described tourism as a driver of economic growth, job creation, infrastructure development, and cultural preservation. Drawing comparisons, Alabi noted that Zanzibar in Tanzania generates 80 per cent of its foreign exchange earnings and 27 per cent of GDP from tourism, arguing that Nigerian destinations like Badagry could surpass such benchmarks if properly

developed.

The Expo is expected to record cumulative attendance of 15,000 physical visitors, with hundreds of thousands more following online. Attendees will benefit from interactive exhibitions, cultural showcases, entrepreneurial training, and free tourism trips.

While lamenting Nigeria’s neglect of world-class heritage sites and festivals such as Ojude Oba and Osun-Osogbo, Alabi praised Lagos State for collaborating with the private sector to support tourism initiatives. “Lagos has given this event its full support, setting an example other states can follow,” he said.

International participation will

also feature prominently. The Irish Commissioner and delegates from Dublin’s Idea Hub are billed to attend, alongside foreign stakeholders in film, fashion, hospitality, and investment.

Supporting Alabi’s views, the Chief Executive Officer of MediaMatrics Limited and public relations consultant for the Expo, Mr. Ayo Olesin, underscored the economic opportunities in cultural commercialisation.

“In Germany, sipping beer is a tourist attraction. In Cape Town, their wines are globally respected. Meanwhile, we have palm wine and unique traditions here that we don’t promote,” Olesin said, describing tourism as a multibillion-dollar untapped industry in Nigeria.

Abia North: APC Chieftain Urges Ex-Deputy Gov Ude Oko Chukwu to Back Kalu in 2027 Senate Race

A chieftain of the All Progressives Congress (APC) in Abia State, Edward Kalu Okocha, has congratulated the immediate past deputy governor of Abia State, Rt. Hon. Sir Ude Oko Chukwu, on his recent defection to the ruling Labour Party, but urged him not to seek the Abia North Senatorial seat in 2027.

In a statement issued on Sunday in Ameke Abiriba,

Okocha described Oko Chukwu’s defection as a bold and strategic step, noting that his decision to join Governor Alex Otti’s Labour Party underscores his commitment to the progress of Abia State and Abia North Senatorial Zone in particular. He, however, cautioned the former deputy governor against allowing the excitement of his new political chapter to push him

into contesting the senate seat, stressing that Senator Orji Uzor Kalu has already positioned Abia North favourably through quality representation and seniority in the National Assembly.

“Distinguished Senator Orji Uzor Kalu has been doing an outstanding job in the Senate, bringing meaningful projects and empowerment to our zone. His legislative experience and

seniority make him a strong contender for principal positions, including the Senate Presidency, which would be a game-changer for our people,” Okocha stated.

The APC chieftain drew from political history, recalling how he supported Oko Chukwu’s third-term bid in the Abia State House of Assembly in 2010, despite opposition from some quarters.

partner to actively cutting the necessary deals that will open up investments and strengthen cooperation. This visit is critical to opening the economic chapter of our relationship with Brazil.

“It’s about transforming historic and cultural ties into practical, mutually beneficial investments that will boost Nigeria’s growth and global standing.”

Asked about tangible outcomes from President Tinubu’s frequent foreign trips to attract foreign direct investment, Dare pointed to recent successes, including the launch of 10,000 tractors and over 25,000 farm implements in Abuja to support Nigerian farmers.

He also spoke of $5 billion worth of assets received as foreign direct investment within two years of this administration.

Dare noted that while it takes

time for investments to fully materialize, “This is a government that has been in power for two years… We have seen several MOUs activated. These MOUs are live, and I can assure you that most activities tied to them will soon be onboarded for the benefit of our country.”

He added that Brazil represents one of Nigeria’s brightest opportunities due to parallels in agriculture, oil and gas, and youth development.

According to him: “We have similarities, both in opportunities and potentials… This union, I believe, will yield results for our country.”

On his part, Governor Uba Sani of Kaduna State, while also speaking on the programme, highlighted the significant benefits expected from the visit.

MDCAN Decries Delay By FG to Review Retirement Age for Consultants, Others

Seriki Adinoyi in Jos

Medical and Dental Consultants’ Association of Nigeria (MDCAN) has decried continued delay by the federal government to complete due process for the review of retirement age from 60 to 70 years for medical consultants and 60 to 65 years for other core healthcare workers, as approved by President Bola Tinubu.

The consultants however commended the government on the release of the corrected Consolidated Medical Salary Structure (CONMESS) circular, describing it heartwarming.

MDCAN President, Prof. Mohammad Aminu expressed the concern in a press statement issued to newsmen in Jos, the Plateau State capital at the weekend.

The association in July 2025 had rejected the National Salaries, Incomes and Wages Commission's (NSIWC) circular dated June 27, 2025, regarding the review of allowances for medical and dental officers in the federal public service, saying the circular was

grossly inadequate, misleading, and a flagrant violation of previous collective bargaining agreements between the Nigerian Medical Association (NMA) and the federal government.

Prof. Aminu said the decisive action which effectively upholds the critical principle of salary relativity in health sector is significant and a welcome step towards honouring the agreements reached with the Nigerian Medical Association (NMA)

He added that the restoration of the principle of salary relativity is essential in recognizing the unique demands and specialized skills of medical and dental consultants and other doctors within the public service.

The medical consultants however reminded the government of other critical outstanding issues contained in the MoU with the NMA.

"The resolution of the CONMESS relativity is but one element of a broader agreement designed to address the systemic challenges plaguing the Nigerian health sector.

2025 AGM/ INDUCTION OF NEW FELLOWS AT ANSEN...

Alleged Misconduct: PSC Writes IGP, Summons Eight Officers to Appear Before Commission Today

Police, Interpol repatriate Chinese gang leader on wanted list

Linus Aleke in Abuja

The Police Service Commission (PSC) has petitioned the Inspector General of Police, Kayode Egbetokun, over alleged misconduct and abuse of office involving operatives deployed to the Federal Capital Territory (FCT) Police Command and Zone 7, respectively.

The Commission, in separate letters dated 19 August 2025 and delivered to the IGP's office on 20 August 2025, urged the IGP to summon the affected officers to appear before it today for

questioning.

This development comes as, the Nigeria Police Force, in collaboration with the INTERPOL National Central Bureau (NCB), Abuja, has successfully repatriated a high-profile fugitive to the People’s Republic of China.

The Commission, in a petition titled "Re: Trumped-Up Allegations of Criminal Trespass, Unlawful Conversion of Property and Forgery Against Prince Collins Eselemo by FCDA Police Outstation, Area 11 Garki in Their Letter of Invitation Dated 8 June 2025, Addressed to Prince Collins

Eselemo – A Call for Your Kind and Urgent Intervention," stated that it is currently investigating a petition on the above matter.

While requesting the IGP release the officers mentioned in the petition to appear before it, the Commission revealed that eight officers are involved in the ongoing investigation, as listed in the two letters sent to the IGP requesting their appearance.

The Commission has summoned the officers to present themselves at the office of the Director of the Police Investigation Department at the

Commission’s headquarters in Jabi, Abuja, by 11:00 a.m. prompt on Monday.

According to the letters signed by retired Deputy InspectorGeneral of Police, Taiwo Lakanu, Honourable Commissioner, the Commission stated: “The Commission is requesting the Inspector-General of Police to direct the Assistant InspectorGeneral of Police, Zone 7, and the Commissioner of Police, FCT Command, to release the officers. They should come along with the case file on this matter. "Failure to appear before

MAN Calls for Adherence to ‘Nigeria First Policy’ in Execution of Airport Fencing Project

Dike Onwuamaeze

The Manufacturers Association of Nigeria (MAN) has called for strict adherence to Executive Orders 003, 005 in the ongoing procurement process for the Murtala Mohammed International Airport’s operational perimeter fencing and security surveillance project.

It also commended the federal government’s initiative to sustain the country’s national infrastructure renewal drive.

The call was contained in a press statement which was issued yesterday by the Director General of MAN, Mr. Segun Ajayi-Kadir.

Ajayi-Kadir said that it had become a matter of national interest for the contractor

handling the project to ensure strict adherence to the executive orders 003, 005 and Tinubu’s ‘Nigeria First Policy.’

“In particular, we strongly maintain that, in considering the procurement for the fencing, indigenous manufacturers should be given priority consideration and it should not be purchased from outside Nigeria,” he stated.

MAN acknowledged the competence of foreign manufacturers but emphasised that “Nigerian companies have the proven capacity and technical expertise to produce fencing materials of equal, if not superior, quality that meets international standards.

Ajayi-Kadir noted that the federal government’s Nigeria

First Policy that was recently reaffirmed by President Bola Tinubu, has rekindled the confidence of Nigerian manufacturers.

He said that the policy” stemmed from earlier Executive Orders which mandated the prioritisation of locally manufactured goods and services in public procurement.

“Importing fencing materials for this project would not only undermine this policy, but also deprive Nigeria of critical benefits, such as job creation for Nigerian youth and skilled workers; foreign exchange (FX) savings at a time when our economy must prudently manage its FX stock, increased tax revenues and government earnings through

local production,” MAN added.

Ajayi-Kadir also pointed out that adherence to the “Nigeria First Policy” would strengthen Nigeria’s industrial base and security through self-reliance.

He said that the public statement was necessary because Nigerian manufacturers, regrettably, lost out in similar situations in the past.

“In this particular instance, despite MAN’s advocacy, fencing materials for an airport project were imported from South Africa. That decision discouraged local industries and contradicted the government's stated local content policies. We strongly believe that this administration has the opportunity to correct past errors.

Ozekhome Faults Withholding of Osun LG Funds, Urges AGF to Act as Chief Law Officer

Wale Igbintade

Constitutional lawyer, Prof. Mike Ozekhome, SAN, has faulted the continued withholding of statutory allocations due to local governments in Osun State.

He insisted that the Attorney General of the Federation (AGF) must rise above politics

and discharge his constitutional duty as the nation’s Chief Law Officer.

Speaking on Channels Television, Ozekhome reviewed the legal battles surrounding the Osun local government elections, and noted that two subsisting judgments had already nullified the tenure of the former All Progressives

Congress (APC) officials and validated the current Peoples Democratic Party (PDP) chairmen and councillors elected in February 2025. According to him, the Court of Appeal had affirmed that there was no legal impediment preventing the release of funds to the newly elected PDP officials, stressing that “nothing

bars them from receiving their allocation.”

He recalled that as Lagos State Governor, President Bola Tinubu successfully challenged the federal government’s attempt to withhold local government funds before the Supreme Court, which ruled that the federal government could not deny a state its due allocation.

the Commission will result in the matter being treated as a Pending Disciplinary Matter (PDM) against the officers.”

The Commission's concern over the ongoing investigation is linked to its repeated warnings that it will no longer tolerate serious abuse of office by serving officers.

In one of several statements issued, and signed by its spokesperson, Ikechukwu Ani, the Commission warned serving police officers to steer clear of civil matters and allow the courts to perform their duties.

The Chairman of the Commission, retired Deputy Inspector-General of Police Hashimu Argungu, further warned that any serving police officers found meddling in civil matters such as land, rent,

and marital disputes would henceforth face sanctions and suspension of their promotions.

Earlier in the year, the Inspector General of Police, Kayode Egbetokun, had also issued a stern warning to officers involved in unethical practices, such as indiscriminate case transfers and abuse of authority in civil disputes. He assured that strict disciplinary measures would be taken against any officers found guilty of the aforementioned misconduct.

When contacted for confirmation of the ongoing investigation, the spokesperson of the Police Service Commission, Ikechukwu Ani, confirmed the development, stating: "Yes, based on a complaint lodged against the named officers."

Kuni Tyessi in Abuja

Ahead of the 2027 political participation and elections, former Minister of Aviation and former Ambassador of Nigeria to Ireland, Dr. Kema Chikwe, has appealed to President Bola Tinubu to as a matter of necessity and urgency carry more women in governance.

Eulogizing his policy direction and potential to open significant opportunities for women, as well as his recent directive to state governors on poverty alleviation, power and agriculture, Chikwe said women should not just be beneficiaries in the critical areas, but should be made actively involved.

Speaking yesterday in Abuja as the convener of the eighth anniversary of the conference of Women Leadership Institute with the theme, "Women Leading Together - Power In Partnership, Purpose In Action", Chikwe said the conference is a clarion call to mobilize, strategize and for women to support one another.

Revealing that she has retired

from partisan politics, she noted that the representation of women in the current National Assembly is negligible and deeply troubling, and as such must not be allowed to persist. She added that with this, when women lead together with men, nations rise, while noting that the power of partnership is real and when purpose meets action, transformation follows.

"I appeal most earnestly as you embark on what we believe should be your well-deserved second term, we urge you to carry more women with you. Let your legacy reflect a genuine commitment to gender inclusion. The number of women in both nations and state assemblies is not befitting to our great nation at this stage if our development.

"The absence of women in legislative spaces means fewer voices to champion gender equity, social justice, and inclusive policies. Women must sit at the tables where decisions are made. We must not wait to be invited, we must show up, prepared, united and purposeful.

Email: deji.elumoye@thisdaylive.com

Ahead 2027 Poll: Will PDP Zone It’s Elective Offices?

Chuks Okocha reports that the National Executive Committee of the main opposition party, the People’s Democratic Party, will today in a buja take a position on the report of the Governor Douye Diri-led committee it recently constituted to look into the issue of zoning party offices and the presidential ticket ahead of the 2027 poll.

The National Executive Committee (NEC) meeting of the Peoples Democratic Party, will today take a crucial decision in it’s resolve to move the party forward or fall backwards into further abyss.

At it’s 102 NEC meeting holding at the party’s national secretariat in Abuja, the party will decide which of the divides across the Niger will fly the presidential ticket in 2027 and which zone will produce the next National

chairman of the party. Usually, both zones of North and South alternate these positions. The PDP has always ensured that if the chairman comes from the North, then, the presidential candidate will come from the south. The North cannot have both the national chairman and the presidential ticket all to itself. The same thing applies to the south. And this helps to shape the power equation in the

party, albeit the nation.

So, as the NEC holds today, party chieftains and stakeholders have been brain storming on which would be the best option for the PDP in it’s quest to reinvent itself.

As part of this measure, the party has set up a zoning committee headed by the governor of Bayelsa State, Senator Douye Diri. The committee for sometime now has been having series of consultations on how best to give a better zoning arrangements

for the party. Zoning of the 2027 presidential ticket is one of the major decisions that will be taken. Three options are before the party: zoning the ticket to the South, throwing it open or zoning it to the North. However, major stakeholders are in favour of zoning it to the South.

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

Of Gov Sani’s Humanist Programmes in Kaduna

l awrence I. Okoro writes about the various interventions of Governor Uba Sani’s in the lives of an average Kaduna resident in the areas of education, health and other infrastructural facilities since he assumed office over two years ago.

The first light of dawn spills gently over the rooftops in Zaria. Aisha, just 15 but already dreaming beyond the narrow streets of her neighbourhood, adjusts her schoolbag and skips toward the classroom that now stands proudly at the end of her street.

Just two years ago, her mornings were harsher. Two hours of dusty roads, tired feet, and a weary walk to a crumbling school miles away. Today, a freshly painted junior secondary school, one of 62 built in the past year, stands within reach. “I used to walk miles,” she says, her eyes bright with quiet determination. “Now I study close to home. I want to be a doctor.”

Aisha’s story is not an isolated one. It is the story of Kaduna, a state once burdened by fear, weighed down by crumbling infrastructure, and scarred by economic stagnation, now rediscovering its promise under a governor who chose to put people first.

When Uba Sani took the oath of office on May 29, 2023, Kaduna was a state in search of healing. The air was thick with uncertainty. Bandit attacks had hollowed out communities, roads were broken, and public confidence in government had sunk to historic lows. But the new governor, a former senator and human rights advocate, brought something different to the table.

Empathy, steadiness, and an audacious vision called SUSTAIN. It was more than a plan. It

was a promise to rebuild Kaduna from the ground up, with ordinary people at the centre. Education became the first frontier. At the time, nearly 680,000 children were out of school. For every child, a deferred

dream. Today, that number has dropped by 44 percent. Across Kagarko, Kachia, and dozens of other communities, classrooms hum with activity. Attendance is rising, dropout rates are falling, and in the quiet discipline of morning lessons, the future is being rewritten.

For Fatima, a young woman from a modest home in southern Kaduna, the transformation is deeply personal. She had once resigned herself to ending her education after secondary school. But a 40 percent cut in tuition opened the doors of the university to her. Holding her nursing textbooks close, she says softly, “I am the first in my family to go to university. I will make them proud.”

The digital divide too is narrowing. Through innovative e-learning platforms, more than 50,000 students, many in the most remote corners of the state, are now part of classrooms they could only imagine a year ago.

Healthcare tells its own story of renewal. In Soba, Zainab still remembers the fear that gripped her as labour pains began. She thought of the old clinic, barely functioning, and the risks of traveling miles on rough roads to find better care. But this time was different. The primary health centre in her community, one of 255 upgraded across the state, was ready. She rocks her new-born now, whispering, “I did not lose my baby or my savings.” Maternal mortality has fallen by 15 percent, a quiet but profound victory for thousands of families.

-Okoro writes from Benin, Edo State capital.

www.thisdaylive.com

opinion@thisdaylive.com

THE SKIES AHEAD FOR FAAN

Two years on, Olubunmi Kuku has put the agency on the path of renewal and modernisation, argues OLU AYELA

BUILDING A NIGERIAN DREAM

A policy conference for Youth urges them to assume leadership roles and contribute meaningfully to national development, writes BASHIR IBRAHIM HASSAN

Nigeria needs a shift from paper-based oversight to science-based governance, argues ILIYASU

GASHINBAKI

EMBEDDING FORENSIC PROTOCOLS IN GOVERNANCE

In Nigeria’s governance landscape, promises often echo louder than tangible outcomes. Budgets are passed with great anticipation, policies announced with confident flair, and projects launched with ribbon-cutting fanfare. Yet, more often than not, the outcomes fail to match the optimism. What has long been missing in the machinery of government is not good intentions but verifiable accountability. A system where every Naira spent is linked to measurable progress. A system where public confidence is earned through evidence, not just oratory.

This credibility gap is not accidental, and it is far from new. In 2023, the Office of the Auditor-General for the Federation (AuGF) reported that over ₦300 billion remained unaccounted for across federal government Ministries, Departments, and Agencies (MDAs). In the same year, Transparency International ranked Nigeria 140th out of 180 countries on its Corruption Perception Index, despite the existence of fiscal laws and oversight mechanisms. By 2024, the national budget had crossed ₦27 trillion, but many states still struggle to complete even 30% of their capital projects on time or within budget.

It is not the absence of legal instruments that sustains this dysfunction. Nigeria’s Public Procurement Act and Fiscal Responsibility Act are robust on paper, but enforcement remains weak. Too often, agencies submit compliance reports without supporting evidence, announce project milestones without scrutiny, and issue audit certificates that lack rigorous verification. The gap lies in institutional capacity to interrogate and verify precisely the gap that institutional forensics is designed to fill.

We need a shift from paper-based oversight to science-based governance. This is where institutional forensics comes in. Rather than waiting for mismanagement to occur before action is taken, forensic governance embeds early detection, digital verification, and evidence-based review into the fabric of public service. It equips institutions not only to detect failures but to prevent them.

Across sectors, the need for this forensic approach is growing more urgent. Procurement fraud continues to plague development efforts, with inflated contracts and duplicate

payments still recurring. Investigations into payroll fraud in several MDAs have uncovered thousands of ghost workers. The Fiscal Responsibility Commission, in its recent compliance review, highlighted over 100 agencies that failed to submit annual financial statements, a legal obligation. Meanwhile, cyber fraud in Nigeria cost over $500 million in 2022 alone, with weak systems making it easier to manipulate or mask digital trails.

To break this cycle, accountability must be embedded into the lifecycle of public expenditure. Projects should not merely be evaluated after implementation. They must undergo continuous, forensic monitoring from the planning stage through execution and reporting. Ministries that handle high-volume funds such as Works, Health, Defence, and Education, should have dedicated forensic units integrated into their internal operations. These units, staffed by certified experts, would examine procurement records, verify deliverables, and track fund flows in real time.

In addition, Nigeria must invest in and support the development of operational forensic laboratories and technical spaces equipped to examine documents, inspect digital records, test construction quality, and assess compliance. These labs should not exist in isolation, but form part of a national framework that supports real-time oversight. When matched with legislative backing and executive support, such an architecture would shift the country from performative audits to preventive controls.

Lessons from other nations underscore the urgency. In Chile and South Korea, forensic auditing and digital traceability have been institutionalised within the public finance system. Estonia, for instance, uses blockchain technology to track every transaction and ensure that public data remains tamper-proof. These innovations were not responses to crisis; they were proactive strategies to embed trust into governance.

Fortunately, Nigeria has made some progress, institutions like the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN), have trained a new generation of forensic professionals, with pilot forensic audits conducted in partnership with the Office of the Auditor-General for the Federation (AuGF), and the Bureau of Public Procurement (BPP) to expand its capacity for contract oversight. What is now required is a unified push to scale these initiatives nationally, with mandates for forensic reporting built into major public programmes.

This must be a top-down and bottom-up reform. Federal and State governments should mandate that all projects above a certain threshold, say ₦100 million, are subject to forensic oversight. Reports should be independently certified and published in a centralized database accessible to oversight institutions and Civil Society Organisations (CSOs). Furthermore, agencies should be compelled to present annual forensic compliance reports alongside their budget submissions. This would link future allocations to past performance, creating a feedback loop that rewards transparency and penalizes opacity.

I dare say that this is not about reinventing the wheel but about the will to act, instill professional integrity, and unwavering commitment to evidencebased governance. Without this, Nigeria will continue to suffer resource leakages, delay development, and disappoint its citizens. Indeed, a government that cannot verify its own performance cannot inspire confidence and a system that lacks forensic traceability will always be vulnerable to manipulation.

Dr. Gashinbaki# is the Founder/Chairman, Governing Council, Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria

Two years on, Olubunmi Kuku has put the

agency on the path of renewal and modernisation, argues OLU AYELA

THE SKIES AHEAD FOR FAAN

When Mrs. Olubunmi Kuku assumed the helm of the Federal Airports Authority of Nigeria (FAAN) in 2023, the aviation sector was at a crossroads — grappling with ageing infrastructure, revenue leakages, operational inefficiencies, and mounting passenger dissatisfaction. Two years later, her leadership has not only steadied the course but has set FAAN on an unprecedented path of renewal, modernization, and global competitiveness.

From transforming airport facilities and tightening security systems to driving record-breaking revenues and elevating customer experience, Mrs. Kuku has brought a rare blend of strategic thinking and decisive action to Nigerian aviation. Now, as she begins her third year in office, stakeholders are watching with optimism as she turns her attention to deepening reforms and tackling the industry’s lingering challenges.

One of the defining features of Mrs. Kuku’s administration has been her ability to deliver long-delayed, high-impact projects that directly improve operations and passenger comfort. At Murtala Muhammed International Airport (MMIA), Lagos, she completed the long-abandoned rehabilitation of Runway 18R/36L and Taxiway A, alongside the replacement of vandalized approach and centre-line lights — restoring full operational capacity for both day and night flights. The expansion of the Zulu Terminal at the domestic wing and the creation of new protocol lounges have added much-needed space and comfort for passengers.

Beyond Lagos, major upgrades have been executed nationwide — from the expansion of car parks and airfield lighting rehabilitation at Enugu and Ilorin airports to the completion of the domestic terminal in Minna and improved cooling and power systems in Kano, Katsina, Jos, and Yola. The rehabilitative and infrastructure upgrade works are not just cosmetic. They represent a strategic overhaul of critical physical assets of FAAN to support growing passenger volumes and improve operational reliability.

In an era of heightened global aviation threats, Mrs. Kuku has invested heavily in security and surveillance systems. FAAN now boasts modern Smiths Detection X-ray screening machines with automatic tray return systems at key airports, upgraded CCTV networks, and 3,000 handheld radios for aviation security personnel. A recent ICAO Security Audit rated FAAN’s Aviation Security Department highly, thanks to her strategic mobilization of personnel, equipment, and technology. New access control systems, improved emergency operations centres, and upgraded monitoring facilities now mean quicker incident response times and greater deterrence against breaches. Passenger screening times during peak hours have been cut by 80%, a change that is already winning praise from fre-

quent travellers. Mrs. Kuku’s financial reforms have been nothing short of transformative. Between January and November 2023, FAAN generated ₦343.87 billion — an 82.5% increase over the previous year. This growth had been driven by smarter tariff reviews, automation of car park fee payment and passenger access gate operations. The new FAAN had also embarked on a “Regularization Policy” to reclaim illegally occupied airport land.

Today's FAAN led by Mrs. Kuku practices a passenger-first service policy. The organisation embarked on the upgrade of passenger lounges across airports, including specialized spaces for elderly passengers and nursing mothers. FAAN has also substantially improved accessibility and responsiveness to travellers with reduced mobility, including dedicated hotlines for persons with disabilities in all major international airport in Nigeria.

With a policy guaranteeing full refunds for flight cancellations and the introduction of faster screening and boarding processes, she has positioned FAAN as an authority that truly listens to and prioritizes its customers. Mrs. Kuku understands that airports are only as good as the people running them. Her administration has implemented the new minimum wage for nearly 10,000 staff and over 5,000 pensioners, clearing arrears up to March 2025. Under her leadership, more than 6,800 employees have received targeted training, fulfilling FAAN’s 2025 Performance Roadmap goal of at least 20 hours of training per employee.

Meanwhile, Mrs. Kuku has strengthened FAAN’s presence on the global stage. She had led FAAN to collaborate with such critical agencies of the Nigeria government as the Nigerian Export Promotion Council, Nigerian Shippers Council, and the World Economic Forum have boosted FAAN’s trade facilitation role. Her administration is also in advanced discussions with IATA and AviaDev to open new domestic and regional routes. In a historic move, she attracted West Africa’s first aircraft manufacturing company to Nigeria, with facilities set to be located in Abuja and Akure.

Chief Ayela is a veteran journalist based in Lagos

A

policy conference for Youth urges them to assume leadership roles and contribute meaningfully to national development, writes BASHIR IBRAHIM HASSAN

BUILDING A NIGERIAN DREAM

“Their consensus was that youth must be prepared academically and mentally to seize opportunities in governance and policymaking.”

On August 12, 2025, the Shehu Musa Yar’Adua Centre in Abuja hosted the Policy Conference for Youth with the theme “Rethinking National Unity: Governance Reforms for Strengthening Social Cohesion in Nigeria.” The conference was chaired by the Governor of Kebbi State, Dr Nasir Idris. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, was the special guest of honour, while the Senior Special Assistant to the President on International Cooperation and Secretary-General of CosPAL, Amb. Dapo Oyewole made a brilliant and eloquent presentation on the conference's theme. The conference combined artistry and intellect. Guests were welcomed with saxophone renditions and spoken-word poetry, setting a vibrant tone. But beyond the aesthetics, the conference was about the substantive role of youth in shaping Nigeria’s development trajectory.

At the heart of the event was the Policy Challenge Award, designed to encourage young people to develop evidence-based policy solutions to national challenges. Out of more than 800 participants across Nigeria’s six geopolitical zones, 16 finalists were selected. Their presentations ranged from grassroots inclusivity frameworks to reforms of Nigeria’s Federal Character Principle.

Team DOUG (University of Lagos) focused on collaboration to address Nigeria’s declining social cohesion. Team One (Adeleke University) developed the Harmony in Diversity Initiative, proposing grassroots frameworks for inclusivity beyond the educated elite.

Team Trailblazer (University of Lagos) proposed reforms to strengthen the Federal Character Principle for greater national unity.

Ultimately, Team One clinched the top prize, but the diversity and depth of ideas led Professor Bala Mohammed, a co-moderator, to conclude that “everyone was a winner.” Beyond cash rewards, participants also secured internship placements with government, civil society, and private sector organisations.

Amb. Dapo Oyewole reminded the youth that change is possible if they sustain their efforts, citing the transformational leadership of Nelson Mandela and Thabo Mbeki in South Africa as examples of resilience and hope.

A panel session titled “Youth as Leaders” showcased accomplished young Nigerians who have translated education, expertise, and passion into public service.

Khalil Nur Khalil, currently Economic Adviser to Katsina State Governor, highlighted his journey to becoming the youngest director in Nigeria’s civil service. Dr Jamila Mohammed Dahiru, a lecturer and former Bauchi State Commissioner for

Education, emphasised that governance is not only for intellectuals but for all citizens. Johannes Oluwatobi Wojuola, Special Adviser on Communications at the NCC, shared experiences from his time in national communication strategy and governance.

Their consensus was that youth must be prepared academically and mentally to seize opportunities in governance and policymaking.

One of the key figures who reflected the objectives of the conference was Ayokunnu Ojeniyi, Managing Director of Reverso Business Services Ltd and founder of the Future Pathways Development Initiative. He has established a reputation for integrating innovation, technology, and governance, and previously served as a technical assistant on ease of doing business in the Office of the Vice President. In his speech, he challenged young Nigerians to adopt a mindset shift: “We are a people with a government, not a government with a people. Leaders must give young Nigerians a reason to dream. They say there is an American Dream; can we not birth a Nigerian Dream?”

Ojeniyi recounted his journey from developing a complaint app with a friend to working as an aide to Vice President Osinbajo. He stressed that success requires adequate and careful preparation, resilience, and the courage to “dance with the system” rather than merely criticise it. He also called on leaders to end systemic barriers such as school closures, nepotism, and stifling regulations that rob young people of hope. For him, youth must see themselves not as spectators but as co-owners of Nigeria’s destiny.

The Policy Conference for Youth was not merely a one-day event; it underscored the readiness of Nigeria’s youth to assume leadership roles and contribute meaningfully to national development in the present, rather than at some distant future.

Hassan is a Journalist

Editor, Editorial Page PETER ISHAKA

Email peter.ishaka@thisdaylive.com

TACKLING MODERN-DAY SLAVERY

All the stakeholders should do more to empower Nigerians to live with dignity

Despite the disclosure by the Nigerians in Diaspora Commission (NIDCOM) chairperson, Abike Dabiri-Erewa, that about 7000 Nigerian immigrants are stranded in Libya, it was very telling that this year’s International Day for the Remembrance of Slave Trade and Its Abolition was not marked in the country last Saturday. Perhaps because of the mistaken belief that slavery has been completely abolished in Nigeria. But someone does not have to be in chains and ferried across the Atlantic Ocean or Sahara Desert to be a slave. They become slaves when transaction is made with them as commodities. That is the situation with most of these irregular migrants who end up in Libya after being enabled to leave the country by human traffickers.

No human being deserves to be a slave at any time, going by the definition of modern slavery. “The status or condition of a person over whom any or all of the powers attaching to the right of ownership are exercised,” according to the Slavery Convention of the League of Nations (now United Nations) adopted in 1926. “It refers to the situation of exploitation that a person cannot refuse or leave because of threats, violence, coercion, deception, and/or abuse of power.” To worsen the impact of the practice, the exchange could be with or without the victim’s prior knowledge, usually unaware of the full extent of the predicament at the beginning.

This translates to about 7.8 people in modern slavery for every thousand people in the country. Available reports indicate that majority of the affected persons are forced into domestic, industrial and commercial labour, marriages or are simply given out to relations under innocuous circumstances. Not surprisingly, this shameful profile reflects the severity of the scourge across Africa. A continent that has been identified as home to the largest prevalence of slavery on earth, with more than seven per cent of every 1000 people as victims.

What makes the Nigerian condition more worrying is its ignoble recognition as one of the world’s leading culprits in three critical areas: source, transit and destination

T H I S D AY

EDITOR SHAKA MOMODU

DEPUTY EDITOR WALE OLALEYE

MANAGING DIRECTOR ENIOLA BELLO

DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU

CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI

EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN

THE OMBUDSMAN KAYODE KOMOLAFE T H

Although the Global Slavery Index (GSI) 2023 by the Walk Free Foundation (WFF) commends Nigeria’s response to the challenge of modern slavery by taking steps to support survivors and addressing some of the risk factors, the report also states that “Nigeria is among the most vulnerable countries to modern slavery in Africa and has the fifth highest prevalence of modern slavery in the region.” The 2023 GSI estimates that on any given day in 2021, there were 1.6 million individuals living in modern slavery in Nigeria.

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA

GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU

DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, ANTHONY OGEDENGBE

DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI

SNR. ASSOCIATE DIRECTOR ERIC OJEH

ASSOCIATE DIRECTOR PATRICK EIMIUHI

CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI

DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO

TO SEND EMAIL: first name.surname@thisdaylive.com

Letters to the Editor

What makes the Nigerian condition more worrying is its ignoble recognition as one of the world’s leading culprits in three critical areas: source, transit and destination. Europe and North Africa have continued to benefit from the growing incidence of emigration among Nigerians in search of the proverbial greener pastures. But instead of actualising their dreams, many of them end up being sexually exploited - one of the most widespread forms of present-day captivity - or trapped in other ways. Sadly, not even stories of the tortuous and precarious journeys through the Sahara to Libya and then, less frequently to Europe have been able to dissuade our young men and women from gambling with their lives. Consequently, many of them have caused themselves harm, brought sorrow to their relations and further tarnished the already battered international image of our country.

Interestingly, the WFF gives the main factors promoting this contemporary bondage as poverty, economic crises, physical conflicts and environmental disasters. The abundant presence of these evils in Nigeria today requires bold, well-designed and executed government interventions which could hopefully serve as catalysts for more productive involvement of the private sector in this campaign. Only concerted, collaborative efforts aimed at empowering the populace and restoring the dignity of the citizenry can effectively curb or eliminate the current manifestations of servitude.

Letters in response to specific publications in THISDAY should be brief (150-300 words) and straight to the point. Interested readers may send such letters along with their contact details to opinion@thisdaylive.com. We also welcome comments and opinions on topical local, national and international issues provided they are well-written and should also not be longer than (750- 1000 words). They should be sent to opinion@thisdaylive. com along with photograph, email address and phone numbers of the writer.

NEMA AND THE PUSH TO PREVENT ANOTHER TRAGEDY

Floods have once again crept into the Nigerian conversation as the rains gather momentum. Each year, communities brace for impact, and each year, the losses remind us that preparedness is not optional. The scars of recent disasters remain fresh: submerged villages in Kebbi, washedout roads in Niger, and families in Yobe who still live under tarpaulins long after the waters receded. These are not distant tragedies; they are lived realities for millions of Nigerians.

Official figures tell a sobering story. Already in 2025, floods have claimed over 200 lives and displaced tens of thousands across 17 states, including Adamawa, Yobe, Anambra, Kebbi, and Kogi. These numbers echo the devastation of 2022, when more than 600 lives were lost and 1.4 million people were displaced. For many farmers, traders, and schoolchildren, the floods are not statistics

but personal catastrophes — harvests swept away, shops reduced to rubble, and classrooms turned into makeshift camps.

At the heart of the response is the National Emergency Management Agency (NEMA). Under the leadership of its Director General, Mrs. Zubaida Umar, the agency has shifted from a posture of reaction to one of preparedness. Instead of waiting for disaster to strike, NEMA has been issuing early warnings, mapping flood-prone communities, and working with state and local authorities to establish contingency plans. Relief stockpiles are being pre-positioned, while volunteers and first responders are undergoing training in high-risk areas.

This shift is vital because the old model of scrambling after tragedy has proven costly and unsustainable. Each year that the rains overwhelm communities, billions are

lost in destroyed infrastructure, food insecurity deepens, and families are thrown into cycles of displacement and poverty. The tragedy of 2022 should not just have been a wake-up call; the years ahead must be about staying awake. Still, preparedness is not NEMA’s burden alone. The challenges of climate change, rapid urbanization, and poor drainage go beyond what any single agency can manage. State governments must invest in proper waste management to prevent blocked waterways, while local authorities need to enforce building regulations that discourage construction on flood plains. Communities, too, have a role to play in heeding evacuation warnings and adopting safer practices. A collective response is the only way forward. Abdulhamid A. Aliyu writes on disaster management, humanitarian response, and national development

FEaturEs Igniting Young Minds for a Future Built on Innovation, Impact through STEM

The Landmark Event Centre, Oniru, Lagos, was recently transformed into a technological playground, buzzing with innovation, creativity, and the infectious curiosity of over 3,000 children at the fifth edition of STEM Africa Fest. The annual event has rapidly evolved into one of Africa’s most impactful educational platforms, championing the future of science, technology, engineering, arts, and mathematics (STEAM), Sunday Ehigiator reports

This year’s theme, ‘AI for Good: Solving Real-World Problems’, could not have been more timely; in a world rapidly shifting under the weight of artificial intelligence and digital transformation, the need to bridge the skills gap among Africa’s youth is no longer a matter of if, but when.

The answer, it seems, is now, and Access Bank, the major sponsor of the STEM Africa Fest, stood solidly behind that vision.

Inside the Landmark

In an almost choreographed flow, the participating schools rotated through multiple thematic zones, each a microcosm of a STEM-powered future.

At the AI Corner, a group from Gracefield International listened intently as facilitators explained how chatbots work. At the same time, another set of students from Olumide Community School laughed joyfully as they used generative AI to create their animated avatars.

Meanwhile, at the Robotics Lab, students from Unity Secondary School, Ikeja, took turns manoeuvring a robotic arm to move small metallic blocks into position, replicating a mock-surgery simulation. “It’s like playing video games, but it’s real science!” one student exclaimed, eyes gleaming.

Elsewhere, under the cool canopies of the renewable energy pavilion, pupils from Kingdom Kids Academy huddled around solar panel prototypes, asking sharp questions about converting sunlight into electricity.

“So if I put this on my roof, I won’t need NEPA again?” a boy asked seriously. The facilitator smiled, nodded, and launched into an explanation about energy storage and independence.

Not far from there, the Electric Vehicle Showcase drew in another group from St. Theresa’s Model School. They surrounded an engineer who explained the inner workings of a battery-powered car.

Children took selfies beside the vehicle, and others scribbled furiously in their notepads, perhaps future Tesla challengers in the making.

The Flight Simulator Zone was a showstopper. Here, queues snaked around the corner as students from Redeemers High School and Ebute Elefun Secondary waited eagerly for their turn in the cockpit.

As the simulator chair moved with precision and the controls came alive, gasps of excitement echoed. “Captain

Omotayo requesting permission for takeoff!” one boy announced with mock-seriousness, prompting applause from his classmates.

Inside the creatively designed STEAM Studio, a colourful, aromarich area bustled with activity. Students from Little Lights School dabbled in candle-making, while others from Odogbolu Grammar School tried their hands at tiedye, creating vivid patterns with practised fingers.

One instructor challenged them to think about how traditional crafts could be turned into profitable digital enterprises.

The Coding Bootcamp zone was a whirlwind of discovery. Laptops lined the desks as students from Brainpower Junior College created basic games in Scratch. Next to them, El-Shaddai Academy learners explored auto-drawing AI tools, watching amazed as the software guessed and improved their sketches.

Everywhere you turned, learning was happening. Not in silence or rows, but in movement, in laughter, in questions, in experiments gone wrong and right again.

School groups moved in time slots, ensuring each child had an immersive, focused experience. Volunteers, coordinators, and facilitators used whistles, smiles, and laminated maps to direct traffic smoothly. No one was idle. No one left untouched.

“It’s like Disney World for tech!” a teacher from Ajegunle Unity School declared as she guided her students toward the Virtual Reality Lounge, where children took turns exploring the solar system, ancient Egypt, and underwater coral reefs, all without leaving the building.

By midday, a gentle hum filled the venue, the kind of sound that comes not from machines, but from minds unlocking. The kind of hum you get when a generation begins to imagine something bigger than themselves.

As students filtered from one experience to the next, trading stories and comparing projects, one thing became clear: this wasn’t just an event, it was a living curriculum, more impactful than any textbook or blackboard could dream to be.

A STEM Wonderland Beyond the Classroom

“The STEM Africa Fest is more than a one-day event,” says Coconvener of the initiative, Titi Adewusi. “This is a movement, a vision to raise problem solvers, innovators, and thinkers who will shape Africa’s future.”

From coding classes and robotic arms to flight simulators and 3D printing, the event offered immersive, hands-on learning that redefined how children engage with education.

For many attendees, it was the first time they had interacted with tools and technologies they had only read about in books, a much-needed departure from rote learning into a dynamic world of practical knowledge.

This year’s edition welcomed over 50 schools from diverse backgrounds, ranging from highend private institutions to low-cost and public schools. “That diversity is deliberate,” Adewusi explains. “We believe opportunity should not be dictated by a child’s zip code. With help from partners, we ensure that children from every walk of life can attend.” And attend they did, eager, wide-eyed, and bursting with questions.

Creating Future Innovators through Real-World Exposure

The magic of STEM Africa Fest lies in its ability to make science and technology feel alive. “We don’t just want to tell them about AI, or show them a robot,” Adewusi says. “We want them to do it. We want them to see how technology applies to real-world challenges, from healthcare to transportation,

agriculture to art.”

The AI Masterclass and AI Tools Corner were particularly popular among the attendees. Children explored generative AI tools, learned how to create their content, and were exposed to real-life use cases of artificial intelligence, not just as consumers, but as potential inventors.

There was also the Tech Career Corner, where professionals from across STEM disciplines, including practising doctors across Nigerian hospitals, engaged the children in conversations about the future of medicine and the role of robotics in surgical procedures. A robotic arm demonstrated how technology is already revolutionising the healthcare landscape.

“The goal is to spark that ‘aha!’ moment,” says Adewusi. “When a child who thought coding was boring suddenly sees it can be used to build a game or solve a real problem, that’s a mind unlocked. That’s a future innovator in the making.”

From Art to Engineering, a FullSpectrum Experience

What makes the STEM Africa Fest particularly unique is its inclusion of arts alongside the traditional STEM pillars. “STEAM is our approach,” Adewusi notes. “We include art because creativity is key to innovation.

“In the Arts and Recycling Zone, children learned tie-dye techniques, candle making, and even how to repurpose household waste into useful products. The idea is to teach them that sustainability and innovation go hand in hand,” says Adewusi. “It’s not just about coding apps. It’s also about reimagining everyday problems and using creativity to solve them.”

The Flight Simulator Corner offered an exhilarating experience for aspiring pilots. Children got the chance to simulate real takeoffs and landings, showing them that dreams of flying, often reserved for grown-up imaginations, could be planted as early as age seven.

“We call it a STEM Wonderland,” Adewusi laughs. “Because that’s what it is, a space where kids not only learn but imagine what’s possible.” Access Bank and the Power of Early Investment

According to the Group Head of Africa FinTech Foundry, Daniel Awe, the innovation and incubation arm of Access Bank, sponsoring STEM Africa Fest is a strategic investment into the future of the continent. NOTE: Story continues

FOCUS

For Enugu, A Transportation Revolution

Governor Ndubuisi Mbah’s unrelenting progressive disruption of Enugu State’s governance trajectory which birthed state-owned airline, Enugu Air in July, has also rebooted the critical land transportation arena as he recently inaugurated five ultramodern transport terminals in various parts of the state, launched 100 out of the 200 CNG Mass Transit buses and more. Louis Achi reports

About six weeks after Governor Peter Mbah unveiled the state-owned airline Enugu Air on Monday, July 7, 2025 describing it as a giant leap for the state and a gold standard for government-private sector partnership, he made another unprecedented, no less revolutionary move in the critical transportation sector in his state last week.

It is indisputable that an efficient transportation sector is a vital aspect of daily life and the commerce of any modern state. It plays an important role in both in the economy and society by connecting people, businesses and resources.

It was perhaps not surprising that in another major move that has further revolutionalised land transportation in Enugu State, Governor Mbah, last Thursday, inaugurated an unprecedented five ultramodern transport terminals in various parts of the state in line with his integrated blueprint for a modern and multimodal transport ecosystem.

Notably, Governor Mbah also launched 100 out of the 200 CNG Mass Transit buses acquired by the administration, the Enugu State Modern Transport System as well as over 80 modern bus shelters constructed across the state.

The terminals the governor visited and personally commissioned were the Holy Ghost Terminal 1 (Enugu Central Station 1), designated for interstate transport; Holy Ghost Terminal 2 (Enugu Central Station 2) for intercity transport; Nsukka Terminal (Nsukka Central Station); Abakpa Nike Terminal (Abakpa Central Station), and Gariki Terminal (Gariki Central Station).

According to the visionary state chief executive, the projects, which drew huge crowds and elicited palpable joy among the residents, was a key part of his administration’s integrated five-terminal Transport Infrastructure Project, Phase 1, in line with his vision to grow the state’s economy from $4.4 billion to $30 billion.

“Today’s commissioning of the newly completed world-class terminals and the CNG Bus Mass Transit Scheme is indeed beyond a ribbon-cutting exercise. It ushers in a whole new experience; fundamentally connecting our vision to action, and our action to the daily lives of the over seven million residents of Enugu State,” an elated Governor Mbah told his rapt audience.

His words, “The terminals are a central pillar of our transport agenda – a multimodal highway to the future – integrating road, rail, air, and waterways into one seamless, safe, and efficient ecosystem. They represent our capacity to deliver projects that empower Ndi Enugu and set our state on a robust trajectory of growth.

“Already, this project is creating jobs, stimulating SMEs, and positioning Enugu to compete with Africa’s best. Through it, we’re creating over 20,000 jobs across BRT, 2,000 hybrid city taxis, airport operations, ride-hailing, and support services.”

On its part, a clearly wowed Ohanaeze Ndigbo, the apex Igbo sociocultural organization under the leadership of Senator John Azuta Mbata also commended Governor Mbah for his administration’s rollout of 100 out of the 200 CNG Mass Transit buses, launch of Enugu State Modern Transport System, and construction of 80

modern bus shelters and bays across the state.

Ohanaeze expressed elation at “the historic developmental strides being executed by the governor, in all sectors, all at once.

“Ohanaeze Ndigbo Worldwide takes pride in Governor Peter Ndubuisi Mbah’s giant strides across all sectors in Enugu State.”

In Ohanaeze’s words, “Today and on the heels of these heart-warming strides in the right direction, Ohanaeze celebrates with Ndi Enugu over the launch of Holy Ghost Terminal 1 (Enugu Central Station 1), designated for inter-state transport; Holy Ghost Terminal 2 (Enugu Central Station 2) for inter-city transport; Nsukka Terminal (Nsukka Central Station); Abakpa Nike Terminal (Abakpa Central Station), and Gariki Terminal (Gariki Central Station) as well as 100 CNG buses, Enugu Transport management System, among other transport infrastructure initiated and completed by the Mbah Administration.”

Perhaps understandably veering off the transportation revolution, a clearly delighted Ohanaeze also commended Governor Mbah’s noteworthy performances in other development turfs.

Hear Ohanaeze, “We also note the ongoing construction of 260 Smart Green School Projects as well as 260 ultramodern Type 2 Primary Healthcare Centres across the 260 wards of Enugu State, the completion of the magnificent Enugu International Conference Centre, the Nodsra Tractor Assembly and Service Centre, and the ongoing road infrastructure projects across the state.

“We equally note with delight what he has done in the area of security where he invested in the state-of-the-art Enugu Command and Control Centre and over 150 security vehicles all installed with AI-embedded cameras that keep the state under surveillance, thus making Enugu one of the safest states today. Since his assumption of office, Monday Sit-At-Home in Enugu has become history.

“Equally, we note with pride how the Enugu State Government revolutionized the Nigerian Electricity sector by being

the first state to setup its own Electricity Regulatory arm - the Enugu State Electricity Regulatory Commission and subsequently reducing electricity tariff in the state.

“We are gladdened we now have in the South East transport infrastructure and system that can compete with modern terminals around the world,” the body gushed in statement and also urged residents to support the Mbah initiative by taking ownership of the facilities and using them mostMeanwhile,responsibly.”sharing something of the vision that prodded his actions in the transportation sector of the state, Governor Mbah while addressing a mammoth crowd at the Holy Ghost Terminal 2, recalled that until the commencement of the project in late 2023, the Holy Ghost area was “practically a synonym for chaotic traffic and general disorderliness.

“Aside from the fact it constituted a major municipal blight, we knew we could not attain our audacious economic goals if we lacked an efficient public transport system that offered both comfort and dignity.

“We knew that our goal to make Enugu the most livable city in Nigeria will be a futile bid, if we were unable to tackle problems such as persistent traffic gridlock.

“So, from the very first day of this administration, we made a promise: to build a world-class transport system that moves people, connects businesses and communities, and, crucially, that rightfully positions Enugu State as a model of modern governance, sustainable growth, and human dignity.“Today’s commissioning of the newly completed world-class terminals and the CNG Bus Mass Transit Scheme is indeed, beyond a ribbon-cutting exercise. It ushers in a whole new experience; fundamentally connecting our vision to action, and our action to the daily lives of the over seven million residents of Enugu State.”

He explained that alongside the CNG Rapid Bus Service (Mass Transit Scheme), the terminals were “central pillars of our transport agenda – a multimodal highway to the future – integrating road, rail, air,

and waterways into one seamless, safe, and efficient ecosystem,” describing the terminals as catalysts for economic development and “engines of economic revival.”

His words, “They represent our capacity to deliver projects that empower Ndi Enugu and set our state on a robust trajectory of growth. Already, this project is creating jobs, stimulating SMEs, and positioning Enugu to compete with Africa’s best. Through it, we’re creating over 20,000 jobs across BRT, 2,000 hybrid city taxis, airport operations, ride-hailing and support services.”

He said that the Enugu Transport Management system would eliminate corruption that had been the bane of government enterprises to ensure sustainability, counting on an e-ticketing system that eliminates leakages, guarantees transparency, and ensures every payment is accounted for.

Mbah also did not forget to thank President Bola Tinubu for his committed to the state’s development with particular reference to the federal governments concessioning of the Akanu Ibiam International Airport.

“Through words and deeds, the President has demonstrated a sincere love and support towards Enugu – and indeed the South East’s progress. An example is the concession of the Akanu Ibiam International Airport, which would clearly re-position Enugu as an aviation and economic hub. So, we commend the President because no administration has given as much support to the sub-nationals as this President has done.”

In his goodwill message, the Programme Director/CEO of the Presidential Initiative on CNG, Engr. Michael Oluwagbemi, who was represented by Engr. Tari Mayor- Bright, commended Governor Mbah for the ultramodern terminal and massive deployment of CNG buses.

“This this is not just infrastructure, but a bold step in setting up a modern transportation system geared towards a cleaner, safer and more affordable transport for the people of Enugu State,” he stated. Also, the Managing Director of contractors, Planet Project Construction Company, Biodun Otunola, said that building five terminals simultaneously was unprecedented. “No administration has ever done this before since the history of Nigeria. We are in this industry and we have the records,” he stated, describing the terminals “as products of a good research and political will of the governor to get things done.”

Speaking at the various locations, the Commissioner for Transportation, Dr. Obi Ozor; Council Chairman of Enugu North LGA, Dr. Ibenaku Onoh; Chairman of Nsukka LGA, Engr. Jude Asogwa; Chairman, Enugu State Council of Traditional Rulers, Igwe Samuel Asadu; Chairman, Ogige Market Traders Association, Hon. Onyema Idoko; and President, Nsukka General Assembly, Clinton Ogbonna, expressed the people’s joy over the projects and buses, describing them as economic catalysts.

Others present at the occasion were, Chairman, Enugu East LGA, Beloved Dan-Anike; Traditional Ruler of Nike, Igwe Julius Nnaji; Chairman, Enugu South LGA, Hon. Caleb Ani and the Chairman, Enugu South Traditional Rulers Council, Igwe Mike Nna Ukwu.

So, for a new Enugu State, a new transportation revolution is here.

Kayode tokede

The Central Bank of Nigeria (CBN) successfully raised an estimated N8.99 trillion worth of Treasury bills (T-Bills) in seven months of 2025 amid growing investors’ appetite for naira assets and a hedge against double-digit inflation rate.

The N8.99 trillion raised in seven months of 2025, represents 4.1 per cent decline over N9.39 trillion raised in seven months of 2024.

T-Bills are typically

issued by CBN to meet the government’s shortterm financing needs and are considered a safe and low-risk investment.

The CBN in its “Government Securities” data, said it raised an estimated N13.3 trillion from T-Bills in 2024, about 99.7 per cent increase over N6.66 trillion raised in 2023.

During the period under review, the total amount of T-bills allotted to investors accounted for about 36.47 per cent of the

total subscriptions received at the 16 primary market auctions conducted in the seven months of the year.

The CBN offered a total amount of N7.17 trillion in the period under review, up by nearly 60 per cent from N4.48 trillion in the corresponding period of 2024.

According to the CBN’s primary market data, out of the N24.68 trillion total subscription, a total of N15.68 trillion worth of bids submitted were

rejected as the amount raised by the authority exceeded its target for seven months of 2025. It was learnt that the CBN reduce interest rates during its T-bills auction in seven months of 2025 as investors push to partake.

For instance, stop rate on 91-day T-Bills auction in July 2025 stood at 15 per cent from 18 per cent from the first auction in January 2025, while the 182-day rate moved from 18.50 per cent in January 2025 to 15.50 per cent in July 2025.

Consequently, the rate on 364-day closed July 2025 at 15.88 per cent as against 22.62 per cent January 2025.

The CBN has cut spot rates on T-bills at the primary market auction in a bid to reduce its payment burden.

The apex bank has been scaling back on elevated discount rates offered on the T-bills due to strong demand and the fact that the benchmark interest rate has raced ahead of the country’s headline inflation that has seen decline in

recent months. By tightening its monetary policy through higher interest rates and large NTBs auctions, the CBN aims to curb rising inflation and stabilise the foreign exchange rate, thereby fostering a more balanced economic environment. THISDAY observed that investors demand for long maturing NTBs continued to grow as its stop rate reached 20.32 per cent as of Feb 5, 2025, the highest so far this year.

The Nigerian Communications Satellite Limited. (NIGCOMSAT) is set to generate up to N8 billion as revenue in the next three years, through its planned broadband expansion services across the country.

The Managing Director of NIGCOMSAT, Mrs.

Jane Egerton-Idehen, disclosed this at the weekend in Lagos, during a stakeholder roundtable organised by the company.

Egerton-Idehen, who said the target would be achieved, explained that broadband itself remained the company’s most profitable but least utilised product line, with only seven per

cent currently in use.

According to her, about 93 per cent of the satellite’s broadband capacity is still idle, despite its wide applications in education, healthcare, defence, financial services and governance.

“We know broadband has greater value and wider use cases, from connecting local government offices to

supporting education, defence, healthcare and even fintech. The challenge is that we cannot do it alone,” she said.

She explained that while the country had recorded progress in broadband penetration, where utilisation rose from 35 per cent in 2023 to 75 per cent, NIGCOMSAT broadband

remained largely untapped and required stronger collaboration with private sector partners.

Egerton-Idehen said NIGCOMSAT had already shown capacity to deliver broadband services through special projects, such as the provision of internet to naval ships, moving vessels, and local government secretariats

in remote communities where terrestrial networks could not reach.

“Under Project 774, NIGCOMSAT successfully provided connectivity to 45 local government secretariats across eight states within two months, a task fibre cable operators could not achieve at the same speed.

Dantsoho’s Strategic Push to Boost Maritime Activities at Eastern Ports

oluchi Chibuzor posits that apart from reviving the eastern ports, the Nigerian Ports Authority is at the heart of the federal government’s drive to strengthen Nigeria’s economic diversification options through a sustainable blue economy Ventures like ship building, ship repair and other dry dock activities

Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, is sustaining conscious steps aimed at improving ship traffic to the eastern ports and repositioning them for optimum efficiency.

As part of the Authority’s contribution to boosting the national economy, Dantsoho is working tirelessly to maximise the potentials of Onne and Porthacourt ports while also reviving the existing ports in Calabar, Warri and other parts of the South South without losing focus on greenfield port projects.

Proximity to NortherN iNdustrial Clusters

For years, shipping into Nigeria meant Lagos ports first, everywhere else second. The Eastern Ports- Port Harcourt, Onne, Warri, and Calabarwere left in the shadows despite their proximity to key markets and resource corridors. Despite its potential, weak infrastructure and limited connectivity kept the Eastern ports underused. Lagos absorbed over 90 per cent of maritime traffic while Eastern facilities ran below a third of their capacity.

But today, that story is beginning to change. Under the leadership of Dantsoho. Eastern ports are being repositioned as a competitive gateway. For shippers, the benefits are obvious- shorter turnaround times, closer access to the SouthEast and North-Central industrial clusters, lower transportation costs, and the ability to move agricultural and mineral products more efficiently.

All these are aimed at deepening Nigeria’s participation in the African Continental Free Trade Area (AfCFTA) regime.

To demonstrate his hands on approach, Dantsoho embarked on a series of tours of focussed

on driving investment into the Eastern Ports. These tours have started to yield expressions of interest for Rivers, Calabar, and Burutu Ports. One of these is the recently celebrated call of the wholly Nigerian-owned MV Ocean Dragon at Onne’s West African Container Terminal (WACT) on July 31, 2025.

With a 349 TEU capacity, the MV Ocean Dragon shall be plying routes across West, Central, and Southern Africa, exemplifying the “Nigeria First” policy and pronouncing Nigeria as a key player in intra African trade.

Through these efforts, the NPA is showing its commitment to integrating Nigerian producers with global markets and maximising the immediate benefits of the proximate African trade corridor by water.

Dantsoho’s management introduced new tariffs, which became effective on March 1, 2025. The tariffs reflect operational costs while maintaining competitiveness and enhancing the actualisation of the Authority’s 25-year master plan which emphasizes automation, cybersecurity, and sustainability, including a proposed “Green Craft Acquisition Fund” for IMO-compliant vessels.

PartNershiPs, aChievemeNts

touChiNg oN exPorts

The NPA has continued to pursue strategic partnerships, which are driving growth. For instance, Hapag-Lloyd launched a weekly service at Onne, connecting Eastern Nigeria to global routes and enhancing transshipment under the African Continental Free Trade Area (AfCFTA).

Collaborations with relevant

agencies of government like the Nigeria Customs Service (NCS) for 24-hour operations also aim at reducing cargo release times and curb diversions to neighbouring ports.

And performance metrics reflect success so far. Records show that service boat Gross Registered Tonnage (GRT) rose 129.3% to 4.58 million tons in 2024. The Eastern Ports have also seen larger vessels berth safely, with stakeholders like Indorama reporting higher export tonnages.

In anticipation of the growth that this progress growth indicates, the NPA projects N1.28 trillion in revenue for 2025, up from N894.86 billion in 2024. And the development in the Eastern Ports contributes significantly to the projected revenue rise. Buoyed by the fruits of its effort so far, the NPA is a new incentive regime to encourage patronage of non-Lagos ports, including discounts and streamlined processes for Eastern corridors. And in achieving that, the Authority is aligning with the Federal Government’s “Nigeria First” which emphasises infrastructure modernization, operational efficiency, and indigenous participation in the maritime sector. Discussions with stakeholders like the Seaport Terminal Operators Association of Nigeria (STOAN) have therefore, focussed on boosting indigenous ownership and short-sea shipping.

driviNg Fg’s eCoNomiC diversiFiCatioN

Apart from rebuilding investors’ confidence to attract foreign direct investments (FDI) to viable private sector initiatives like ship building and repairs, NPA is presently at the heart of the federal government’s drive

to strengthen Nigeria’s economic diversification options through a sustainable blue economy Ventures like ship building, ship repair and other dry dock activities are attracting attention.

At a recent forum in Lagos, Founder of Starz Marine and Engineering Limited in Rivers State, Engr. Greg Ogbeifun, disclosed the commitment of $350 million loan by Afrexim Bank to facilitate shipbuilding and expansion of the yard.

This, he stated, will aid the expansion of the Starz’s shipyard from 500 tons to 10,000 ton lifting capacity, 120 meter long circle lift, for the purpose of achieving quality ship repair and building which Nigerians have had cause to travel for.

iNFrastruCture moderNisatioN, CaPaCity BuildiNg

A cornerstone of the NPA’s strategy is significant investment in port infrastructure to accommodate larger vessels and reduce vessel turnaround times.

Port Harcourt, though historic, was underdeveloped, Onne thrived as an oil and gas base but not for as container-handling, Warri struggled with shallow approaches through Escravos, while Calabar, battled draft restrictions that discouraged major carriers. These barriers created a cycle of neglect and reinforced Lagos’ dominance.

The Dantsoho led administration at Nigerian Ports Authority, has however made breaking cycle a priority. With reforms that include infrastructural and equipment upgrades, financial incentives, and stakeholder engagement have been put forward. Channel dredging and rehabilitation are said to be ongoing at Warri, Onne, and Calabar to accommodate larger

Super Savers Promo: UBA to Splash N150m on 1,500 Customers

Kayode Tokde

United Bank for Africa (UBA) has said that it is set to advance financial inclusion of the Central Bank of Nigeria (CBN) by rewarding 1,500 customers with cash prizes worth N150 million in the fifth edition of its Super Savers Promo.

The promo, which will run from September 2025 to May 2026, is designed

to encourage a savings culture, promote financial inclusion, and attract new customers into the formal banking system. According to the bank, customers who save a minimum of N5,000 monthly in a UBA Bumper savings account will qualify for the draws, while those with special accounts, such as salary accounts, are required to save a minimum of N10,000.

Speaking at the launch in Lagos, Group Deputy Managing Director of UBA, Mr. Chukwuma Nweke, emphasized the broader economic value of savings, noting that funds mobilised through such schemes provide long-term support for businesses and infrastructure.

Nweke added that, “As we generate savings, we are able to lend long-term

to people who need this for their businesses and for building infrastructure in the country. So, it’s at the heart of driving the economy.”

He revealed that the bank plans to expand both the cash rewards and the scope of the promo in subsequent editions to achieve a wider reach.

Head of Retail Banking, UBA, Mr.Shamsideen Fashola, explained that the

promo was introduced to reward loyal customers and deepen customer relationships. “Our objective is to reward our loyal customers and also attract new ones. We also want to drive financial inclusion by encouraging those who are not formally banked to save with UBA,” he said.

He added that the draws will produce winners across all regions,

with prizes ranging from ₦1 million, N500,000 and N250,000 to N100,000, in addition to smaller consolation packages such as airtime rewards. “The plan is to have it across all our different regions. So, winners are going to be matched from different regions. In all, about 1,500 customers are expected to win in this programme,” Fashola stated.

OAfabric Set to Tackle Interconnection Challenges in Nigeria, DRC Vitel Partners SLOT to Expand SIM Card Distribution Nationwide

Open Access Data Centres (OADC), Africa’s fastest growing open-access and carrier-neutral data centre operator, at the weekend in Lagos, announced that its Open Access Fabric (OAfabric) platform is now live and operational in both Nigeria (OADC Lagos) and the Democratic Republic of Congo DRC (OADC Texaf - Kinshasa), providing businesses with the ability to overcome

the structural barriers that have long held back digital transformation across the region.

The Chief Executive Officer of OADC, Dr. Ayotunde Coker, who announced the live operation of OA fabric, identified the interconnection challenges faced by the region for several years, to include: Limited access to international and local content; High internet

transit costs; Latency and inconsistent network performance; Gaps in local infrastructure such as colocation space, power and cooling; Costly compute environments, bandwidth and cloud services; and Security, data sovereignty and regulatory complexity. He however said OAfabric would address the identified challenges by reducing latency and operational expenditure of organisations.

Agnes Ekebuike

Vitel Wireless Limited, Nigeria’s first licensed Mobile Virtual Network Operator (MVNO), has announced a strategic partnership with SLOT Systems Limited to enhance the distribution of its SIM cards and mobile services across the country. The announcement was made during a press conference in Lagos, where the

Managing Director of Vitel Wireless, Chudi Nwabueze, emphasised the importance of the collaboration in bridging Nigeria’s connectivity gap. He described the partnership as a convergence of shared values and a mutual commitment to making innovative and affordable mobile solutions more accessible to Nigerians.

“Today, we are proud to announce our strategic partnership with SLOT Systems Limited, a household name built on trust, quality, and nationwide reach. At Vitel Wireless, our purpose is clear, to transform connectivity in Nigeria through innovation, affordability, and seamless access,” Nwabueze said.

R-L: Chairman, Nigerian Society of Engineers (NSE), Apapa Branch, Emmanuel Okolo; President, NSE, Margaret Aina Oguntala; Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola; SA-DG NIMASA (Administration and Operations), Olatunji Ahmed; Chairman NSE, Ikeja Branch, Nimot Muili and Chairman NSE, Ibeju Lekki, Olufemi Dare during a visit by the management of NSE to NIMASA headquarters in Lagos… recently

Banigbe: Nigeria’s Economic Growth Hinges on Innovation, Workforce Adaptability

Emma Okonji

Chief Executive Officer of T2, Mr. Obafemi Banigbe, has said Nigeria’s long-term economic transformation depends on continuous upskilling, digital learning, and workforce adaptability. Banigbe said this while speaking as a special guest at the 32nd Annual Trainers’ Conference (ATC 2025) of the Nigerian Institute of Training and Development (NITAD),

which held recently at the Shehu Musa Yar’Adua Centre, Abuja. He warned that without deliberate investment in human capital and technologydriven innovation, the nation risks lagging behind in a rapidly evolving global economy.

Drawing from personal reflections and practical insights, Banigbe urged Nigerians to reimagine approaches to learning, work, and growth in order to build

H1: Africa Prudential Records 75% PBT Growth, N41.35bn Assets

Africa Prudential Plc has announced a strong performance for the first half of 2025, posting a 75 per cent year-on-year growth in Profit Before Tax to N1.98 billion, compared to N1.13 billion recorded in the same period of 2024.

The unaudited results released in Lagos showed that Profit After Tax rose by

73 per cent to N1.35 billion from N779 million in the corresponding period of last year. Net total income also increased significantly by 64 per cent to N3.3 billion, against N2 billion recorded in 2024.

a prosperous, inclusive, and innovation-led society.

He emphasised that the traditional model of “learning once and working forever” is obsolete.

“With Nigeria projected to become

the world’s third most populous nation by 2050, and 70 per cent of its citizens under 30, the need for continuous upskilling, digital learning, and adaptability is not optional, it is existential,” he stated.

Banigbe underscored the importance of democratizing access to digital tools, ensuring that every Nigerian child has the same opportunities as peers in developed economies. He called for the creation of Afrocentric

educational content, including culturally relevant cartoons, to help children learn science, mathematics, and history through familiar cultural references rather than foreign identities that disconnect them from their environment.

American Soybean Association to Strengthen U.S.-Nigeria Commercial Ties in Aquaculture

Eromosele Abiodun

The U.S. Mission in Nigeria joined the American Soybean Association’s World Initiative for Soy in Human Health (ASA WISHH) and SejFarms Consult Limited (SejFarms) at the graduation

ceremony for the Next Gen Leaders for Aquaculture Innovation Program. Through this initiative, 10 young Nigerian leaders in the aquaculture industry, selected through a competitive process, gained firsthand experience in modern fish farming practices

— including using soybeans in fish feed — through a structured five-month training program. U.S. Mission Agricultural Counselor Chris Bielecki noted in his graduation ceremony remarks that agriculture is at the heart of the U.S.-

Nigeria commercial and investment partnership.

“By fostering innovation and promoting best practices, the U.S. soy industry is helping to build a resilient agricultural sector in Nigeria, ensuring longterm food security and economic stability.”

Parallex Bank Backs Lagos LGAs with Strategic Loan Initiative

Asst.

Asst.

Correspondents

KayodeTokede

Ebere

The company said total assets climbed to N41.35bn as of June 2025, representing a 38 per cent rise from N29.95 billion in the same period last year, while shareholders’ fund grew by 15 per cent to N11 billion, despite a N1.2 billion dividend payout earlier in the year. Speaking on the results, the Managing Director and Chief Executive Officer of Africa Prudential, Catherine Nwosu, said the performance underscored the strength of the company’s diversified income base and its resilience in a challenging macroeconomic environment marked by inflation, foreign exchange volatility and high interest rates.

Parallex Bank Limited has announced a robust financial support programme designed to strengthen the capacity of all 20 Local Government Areas (LGAs) and 37 Local Council Development Areas (LCDAs) in Lagos State.

Speaking at the retreat organised for

newly elected Local Government Chairmen in Lagos, the Managing Director/CEO of Parallex Bank, Dr. Olufemi Bakre, represented by the Bank’s Chief Digital Officer and Head, Retail and SME Banking, Mr. Frank Alarapon, noted that the initiative underscores Parallex Bank’s enduring commitment to

strengthening grassroots governance. He emphasized that it aligns with the Bank’s vision of empowering local authorities to deliver improved services, stimulate economic growth, and enhance community welfare.

Alarapon said a global facility limit of N4 billion has been earmarked for

this programme, with flexible terms and a 30-day clean-up cycle to ensure financial discipline and sustainability. According to Alarapon, “Local Governments are the closest tier of governance to the people, and their success directly impacts the well-being of millions of Lagos residents.

Accion MfB Launches N5bn Commercial Paper Programme

Sunday Ehigiator

Accion Microfinance Bank Limited (MfB) has officially launched its debut N5 billion Commercial Paper (CP) Issuance Programme, marking its first entry into Nigeria’s capital market.

At a signing ceremony held in Lagos, the bank announced the commencement of the

Series 1 issuance, targeting N2 billion with a tenor of 270 days.

Speaking at the event, Managing Director and Chief Executive Officer of Accion MFB, Mr. Taiwo Joda, said the programme represents a bold step in the bank’s three-year strategic plan to strengthen its balance sheet, deepen financial inclusion, and support

small businesses at the bottom of the economic pyramid. “This signing signifies not just regulatory approval but also our readiness to provide working capital that will empower microentrepreneurs. The first tranche of N2 billion will be strictly used to bridge funding gaps created by inflationary pressures

and foreign exchange volatility,” Joda explained. He noted that investors have already shown strong interest following a series of roadshows, adding that Accion’s institutional credibility, backed by partners such as Ecobank, Citibank, IFC, and Accion International, would ensure investor confidence and likely oversubscription of the offer.

Business Special

Adighije: NDPHC Has Added 625mw to Power Grid, Idle Plants Being Revived

The Managing Director/ c hief e xecutive Officer of the Niger Delta power Holding c ompany, Jennifer adighije, clocked one year in office this a ugust, with a number of milestone achievements driven by her intentional, strategic, and results-oriented leadership. i n this interview, adighije reveals the management’s commitment to building a stronger, more responsive, and future-ready company. Peter uzoho presents the excerpts

This month of August, the new management team led by you clocked one year in office. How has it been running a complex organisation like Niger Delta Power Holding Company (NDPHC)?

The past year has been both humbling and inspiring, a period marked by strategic shifts, bold reforms, and visible progress in our efforts to reposition NDPHC as a critical enabler of Nigeria’s energy security. As I mark my first anniversary as the MD/CEO of NDPHC, I do so with a profound sense of gratitude, responsibility, and renewed commitment. From the successful revival and optimisation of previously idle power plants, to pioneering bilateral power sale initiatives that are already reshaping our revenue base, our journey has been one of action guided by vision and purpose. We have worked tirelessly to restore trust, both within and outside the company, strengthening our regulatory compliance posture and deepening partnerships with key stakeholders including NERC, TCN, and NISO. However, the road has not been without its obstacles. We have had to navigate a complex operating environment characterized by persistent liquidity challenges, legacy constraints, inadequate market structures, and systemic inefficiencies in the rapidly evolving national electricity value chain. These challenges, though daunting, have only served to sharpen our resolve and inspired a new level of innovation, resilience, and collaboration across NDPHC. We have leveraged these difficulties as catalysts for reform, pushing forward by developing effective strategies, leveraging relationships, entering strategic Joint Development Agreements (JDAs) with major sector players, and laying the groundwork for smarter, more sustainable energy infrastructure.

What would you consider the major achievements of NDPHC under your leadership in the past year?

Upon assuming office, one of my first priorities was to undertake a comprehensive audit and technical assessment of NDPHC’s generation assets. It became immediately clear that several of our power plants, critical national infrastructure had been either in bad shape or grossly underutilized. The reasons ranged from poor operations and maintenance practices, procurement delays, persistent gas supply issues to transmission constraints that were

left unaddressed for far too long. Notably, prior to August 2024, power plants such as Ihovbor, Alaoji and Omotosho NIPP were recording Plant Availability Factors (PAFs) below five per cent. This level of underperformance translated to not only a significant waste of national resources but also missed opportunities in improving power supply and revenue generation. In response, the new management, under my leadership, initiated a well-coordinated and strategic intervention targeting recovery of idle turbine units. This included engaging (original equipment manufacturers (OEM) vendors, parts suppliers and building an in-house response team in partnership with service providers to provide quick response to facilitate recovery and avert downtime while also harnessing commercial relationships with gas suppliers to secure stable gas supply to the power plants. These actions were deliberate and datadriven, aimed at bringing dormant capacity back on stream as quickly and sustainably as possible. The results have been both encouraging and measurable. We have successfully recovered five generating turbine units across the fleet restoring 625MW to active

contribution to the national grid. This has contributed to an increase in the available megawatts (MW) for national consumption and improved asset utilisation. The ripple effect of this revival also reflects in improved revenue flow, job satisfaction, and a renewed sense of purpose across our operations. Alaoji Power Plant, which had hitherto remained dormant for an extended period, is now set to come on stream in a matter of weeks, an outcome that is largely attributable to the proactive and strategic efforts of the current leadership.

Through focused engagement with key stakeholders, facilitation of gas supply arrangements, and technical readiness assessments, the present management has cleared critical bottlenecks that had previously stalled our plant’s operations. This development marks a significant milestone in NDPHC’s ongoing drive to unlock stranded capacity and inject much-needed power into the national grid.

Most importantly, our reform drive has restored investor, stakeholder, and regulatory confidence in NDPHC’s capacity. This achievement affirms our strategic direction and reinforces

our commitment to making NDPHC a central pillar in Nigeria’s energy transition. It is one of the early wins in our long-term journey of institutional revitalisation and sectoral transformation.

One of the clear realities I met upon assumption of office was the unsustainable nature of relying solely on the centralised electricity market, which continues to be plagued by chronic revenue shortfalls, market defaults, sector-wide uncertainties and persistent liquidity crisis. These issues have significantly impacted NDPHC’s financial sustainability over the years. To begin reversing that trend, we initiated a gradual but deliberate shift towards bilateral power sales as a more commercially viable pathway.

Over the past year, we have made meaningful progress in identifying and engaging large, creditworthy electricity consumers who qualify as Eligible Customers under the NERC framework. Through structured negotiations and strategic engagement, we are working to establish bilateral agreements that allow NDPHC to sell power directly to these customers at cost-reflective tariffs.

This approach, though still a work in progress, is aimed at enhancing our revenue base, improving liquidity, and insulating the company from the inefficiencies of the centralized market. While we have not yet concluded all the agreements, the process is well underway, and the traction we are gaining is encouraging. It’s a journey that requires strong regulatory alignment, internal restructuring, and customer confidence, but it is a journey we are committed to.

These strategic efforts are already repositioning NDPHC as a more agile and commercially responsive entity, with a clearer path toward long-term sustainability and impact. Also, when I assumed office, one of my key priorities was to reposition NDPHC not just as a power generation company, but as a forward-thinking, innovationdriven energy player. Our digital and technological transformation agenda reflects this vision. Over the past year, we have taken deliberate steps to align NDPHC with global energy trends through strategic partnerships and technology-focused initiatives.

A major highlight has been the execution of Joint Development Agreements (JDAs) with key partners such as ORACLE, Microsoft Nigeria, Haier Technologies.

Agusto & Co Upgrades Globus Bank’s Credit Rating to “A”

Oluchi Chibuzor

Globus Bank Limited has announce the recent upgrade of its credit ratings by two leading agencies – Agusto & Co. and GCR Ratings –reinforcing the Bank’s strong financial fundamentals, prudent risk management, and commitment to sustainable growth.

Agusto & Co. upgraded the Bank’s Investment Grade rating from “A-” to “A” with an ESG score of 3. The long-term rating upgrade from “A-” to “A”, along with a Short-Term Rating of “A1” by Agusto & Co., reflects the bank’s strong asset quality, underpinned by a conservative approach to credit risk. The agency also highlighted robust shareholder support, healthy capitalisation, sound liquidity,

and consistent profitability as key strengths. An ESG Score of 3 further underscores Agusto & Co.’s view that environmental, social, and governance considerations are material to the Bank’s credit profile.

Global Credit Ratings’ (GCR) also upgraded the Bank’s rating from “BBB(NG)” to “BBB(NG)”, with a Stable Outlook, was driven by improved competitive positioning, stronger earnings performance, enhanced capital buffers, and sound asset quality. The Stable Outlook reflects expectations of sustained business growth supported by strong governance and disciplined risk management.

Speaking on the development, Mr. Elias Igbinakenzua, MD/CEO of Globus Bank, stated: “We

are excited at the recent credit rating upgrades from foremost rating agencies Agusto & Co. and GCR. These upgrades reflect the disciplined execution of our strategy and the strength of our brand promise - to deliver superior value to all stakeholders. Since inception, we’ve focused on doing the fundamentals exceptionally well - building strong corporate relationships, maintaining prudent risk practices, and growing organically. This recognition underscores our sound governance, capital strength, and consistent performance. With these enhanced ratings, we are better positioned to deepen stakeholder trust and accelerate our journey towards becoming Nigeria’s most preferred financial services provider.”

Polaris Bank, NCF Partner on Tree-planting to Combat Carbon Emissions

Polaris Bank has partnered with the Nigeria Conservation Foundation (NCF) to launch a treeplanting initiative in Rivers State.

The exercise, held at Bodo City Girls Secondary School in Gokana Local Government Area, is part of efforts to combat carbon emissions and promote sustainable environmental practices.

Speaking at the event, Polaris Bank’s Divisional Head for South-South, Mr. Raphael Abiaziem,

represented by Mr. EjikeAroh, Business Development Manager of Garrison Branch,underscored the project’s importance in advancing the Bank’s sustainability agenda. He said the initiative aligns with the United Nations Decade on Ecosystem Restoration and reinforces the Bank’s commitment to environmental, social, and governance (ESG) priorities.

“This project is not just about planting trees; it is about safeguarding our environment,

reducing carbon footprint, and raising awareness on climate action,” Abaziem stated. “By planting fruit-bearing and economic trees, we are helping communities build resilience, improve food security, and restore degraded ecosystems.”

NCF Field Officer, Mr. Alex Jorbedom, highlighted the significance of planting fruit-bearing trees, noting that they will provide shade, serve as windbreakers, and produce edible fruits for both students and the host community.

Gold, Gemstone Conference & Exhibition to Sparkle in Lagos

Industry leaders, investors, miners, jewellers, regulators, and stakeholders from across Africa and beyond are set to converge in Lagos for the highly anticipated Gold and Gemstone Conference and Exhibition 2025, taking place in Lagos.

Hosted under the theme “Accelerating Collaboration for a Sustainable Gold and Gemstone Development

in Africa,” the 5-day event aims to highlight Nigeria and Africa’s untapped potential in the global precious minerals sector. GGCE 2025 is designed to facilitate high-level dialogue, policy exchange, business networking, and exhibitions of precious stones, mining equipment, investment opportunities, and artisanal crafts. “GGCE 2025

is more than an event—it’s a movement to unlock Africa’s mineral wealth responsibly and inclusively,” said Engr (Mrs.) Janet AdeyemiPresident, Women in Mining in Nigeria, organisers of the event. With rising global demand for ethically sourced gold and gemstones, now is the time for Nigeria to claim its rightful position on the world stage.”

From BBNaija Screens to Memes, Terra Cube Delivers Joy

Terra has long been recognised for its distinctive ethos of unwrapping joy. This philosophy extends far beyond the product, manifesting in shared experiences that resonate deeply with audiences. In Big Brother Naija Season 10, this tradition has been elevated to a new level. Rather than allowing fleeting “moments of joy” within the House to disappear, Terra has strategically captured

and amplified them, transforming on-screen highlights into enduring cultural touchpoints. This season, Terra Cube unveiled the “House of Joy”: its vibrant digital home within the BBNaija universe. At the heart of this space is Meme O’Clock, the playful leg that carries fans into the House of Joy. By turning the show’s funniest, most dramatic, and most relatable moments into shareable memes,

the initiative transforms viewers into co-creators of the season’s story. In doing so, Terra blurs the line between audience and housemate, making every laugh, every spark, and every twist a shared celebration of joy. Participation is simple and accessible. Viewers are encouraged to spot a standout moment, screenshot it, and download the official House of Joy meme template from Terra’s Instagram page.

Profit-taking Deepen Stock Market Losses by N2.29bn in One Week

Kayode Tokede

The Nigerian stock market extended losses into a second consecutive week by N2.29 billion on sustained profit-taking in Dangote Cement Plc, BUA Cement Plc, among other heavyweight companies listed on the Nigerian

Exchange Limited (NGX).

The stock price of Dangote Cement dipped by 9.9 per cent, while BUA Cement depreciated by 10 per cent to plunged the market benchmark, NGX All-Share Index (ASI) by 0.77 per cent week-onweek (WoW) to close at 144,628.20 basis points.

The 0.77 per cent WoW

NGX ASI moderated the Month-till-Date (MtD) and Year-till-Date (YtD) returns to +0.8per cent and +37per cent, respectively.

Consequently, market capitalisation dipped by N2.29 trillion to N89.209 trillion.

Sector performance mirrored the market’s broad gauge, following

losses in the Industrial Goods (-8.4per cent), Insurance (-4.2per cent), Banking (-3.5per cent) and Oil & Gas (-0.8per cent).

However, the Consumer Goods (+0.8per cent) index closed higher.

The prevailing downturn dampened investor sentiment, as reflected in a weak market breadth,

with 43 gainers against 54 decliners.

Austin Laz & Company led the gainers table by 20.83 per cent to close at N2.90, per share. NCR Nigeria followed with a gain of 20.69 per cent to close at N10.50, while Nigerian Enamelware went up by 19.45 per cent to close to N39.00,

per share.

On the other side, Thomas Wyatt Nigeria led the decliners table by 18.92 per cent to close at N3.00, per share. NEM Insurance followed with a loss of 18.15 per cent to close at N26.60, while Stanbic IBTC Holdings declined by 15.39 per cent to close at N94.00, per share.

PRICES FOR SECURITIES TRADED ASOF AUGUST/21/25

A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return.

An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the

floor of the Nigerian Stock Exchange.

A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange.

GUIDE TO DATA:

Date: All fund prices are quoted in Naira as at 21 August-2025, unless otherwise stated.

ETFS

RCCG 73RD CONVENTION AT THE REDEMPTION CITY...

Olawepo-Hashim: APC is Cult, Not Political Party, Lacks Ideology, Internal Democracy

Says PDP presidential ticket must be based on competence Crisis brews in Sokoto APC as defunct CPC bloc alleges marginalisation

Chuks Okocha, Folalumi Alaran in Abuja and Onuminya Innocent in Sokoto

A former presidential candidate and chieftain of Peoples Democratic Party (PDP), Gbenga Olawepo-Hashim, has described the ruling All Progressives Congress (APC) as “a cult and not a political party”.

Olawepo-Hashim accused APC of lacking ideology, internal democracy, and coherent vision for Nigeria’s future.

Speaking at an interactive session with newsmen in Abuja at the weekend,

Olawepo-Hashim alleged that APC functioned more like an authoritarian movement than a democratic platform.

He said, “In the APC, one or two individuals hand down instructions for everyone else to obey like zombies. That is not a political party; it is a cult."

The presidential aspirant stated that APC had presided over an unprecedented economic decline and expansion of insecurity in the country.

He said, “They promised change, and indeed they brought change—by dragging Nigeria’s GDP from over $570 billion in 2014 to less than $300 billion

NDPHC Assures Kano Manufacturers of Direct Power Supply

Peter Uzoho

The Managing Director, Niger Delta Power Holding Company (NDPHC), Jennifer Adighije, has assured the Manufacturers Association of Nigeria (MAN) of the company’s willingness to partner with them to drive industrial growth, create jobs, and enhance socio-economic development of the country.

Adighije, who was speaking during the visit of a delegation from Kano Branch of MAN to her office, expressed NDPHC’s readiness to support manufacturers within the ambit of regulations and infrastructural capacity.

“We are committed to partnering with the manufacturing sector to drive industrial growth, create jobs, and enhance socio-economic development. Within the provisions of the Eligible Customer framework, we are ready to work with MAN Kano to make this happen,” she said.

She noted that the company’s recent improvement in plant availability has positioned NDPHC to ramp up supply and meet off-taker demands once regulatory approval is received, adding that the revival of key assets, including the

Omotosho and Alaoji power plants, will further enhance generation capacity.

The delegation was led by the Managing Director of Dala Foods, Kano, Alhaji Ali Madugu.

In his presentation to their host, Madugu appealed to the NDPHC managing director to extend the company’s Eligible Customer Programme to MAN, Kano, in a bid to address the severe power challenges crippling local manufacturing activities in the state.

He emphasised the readiness of MAN in Kano to partner with NDPHC for a sustainable power supply.

“Our members have both the capacity and the willingness to procure power directly from NDPHC. Access to reliable electricity is critical for reviving industries and sustaining jobs in Kano State,” he stated.

However, NDPHC’s Executive Director of Corporate Services, Commercial and Strategy, Omoregie OgbeideIhama, and the Executive Director of Networks, Bello Babayo Bello provided a detailed roadmap on how MAN Kano could take advantage of the company’s power supply opportunities.

in 2025. They crashed GDP per capita from over $3,000 to below $1,000. They also expanded insecurity from the North-east to engulf the North-west, North-central, and South-east."

Doing a comparison between APC and PDP, Olawepo-Hashim maintained that the opposition party was Nigeria’s “truly democratic party”, where divergent views and internal debates shaped decisions.

He cited a recent show of solidarity in Zamfara State, where PDP governors rallied behind their Acting National Chairman, Ambassador Umar Damagum, as evidence of the party’s consultative culture.

“Everything was beautiful. Even the governors had to persuade NEC. This is the PDP tradition alive again,” he stated.

Recalling the party’s history, Olawepo-Hashim pointed to the internal democratic contest

in 2003, when then President Olusegun Obasanjo was subjected to a competitive primary election.

He stressed, “As a NEC member in 1999, I witnessed how the PDP held President Obasanjo accountable to the party. In 2003, despite being president, he faced primaries against leaders like Alex Ekwueme, Barnabas Gemade, and Abubakar Rimi. That is democracy.”

Olawepo-Hashim urged Nigerians to demand higher standards of political organisation as the 2027 general election approached, warning that governance without ideology or accountability structures cannot deliver prosperity.

He stated, “The APC exists purely as a vehicle for personal ambition and power acquisition.

The PDP, with its disagreements and reconciliations, is still the

only party where internal debates influence outcomes. Nigerians must insist on genuine democratic processes if we are to secure better leadership.”

According to him, political parties must be more than election-winning machines; they must serve as institutions capable of producing visiondriven leadership for national development.

Crisis Brews in Sokoto APC as Defunct CPC Bloc Alleges Marginalisation

Meanwhile, crisis loomed in the Sokoto State chapter of APC as members of the defunct Congress for Progressive Change (CPC), one of the frontline parties that coalesced to form APC in 2013, accused the party of

marginalising them.

The CPC bloc claimed that despite forming the majority of APC members in Sokoto State, their members were not being carried along in party affairs.

Led by Hon. Ibrahim Gusau, the CPC group stated that they were promised ministerial, special assistant, and board chairmanship slots by the late former President Muhammadu Buhari after his election in 2025, but the promises were never kept.

The group expressed their grouse recently at a reunion meeting for members from across the 23 local government areas of the state convened to assess the political situation in the country.

The crisis in Sokoto APC was not an isolated incident. There had been reports of the CPC bloc feeling marginalised within APC, despite its role in bringing Buhari to power.

Navy Busts Illegal Dump in Rivers, Seizes 105,450 Litres of Diesel, Arrests 8

Army apprehends 69, recovers over 32,000

over to the National Drug Law Enforcement Agency (NDLEA) in Bonny.

The Nigerian Navy has busted an illegal petroleum products dump in Bonny, Rivers State and arrested eight persons suspected to be involved in illegal activities.

The Navy operatives also confiscated 105,450 litres of automotive gas oil or diesel, several illegal bunkering equipment, and a substance suspected to be marijuana in the area.

A statement by the Operations Officer of the Forward Operating Base in Bonny, Lt. Cdr. Sirajo Al-Mustapha, said the seized equipment have been handed over to the Nigeria Security and Civil Defence Corps (NSCDC) while the substances suspected to be marijuana were handed

Al-Mustapha in the statement made available to journalists in Port Harcourt yesterday said the operation that led to the large cache was focused on actualising the operational objectives of the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla.

He said the CNS objectives include checkmating crude oil theft, illegal bunkering and kidnapping within the FOB Bonny’s area of operation.

“On August 18, 2025, FOB BONNY anti-illegal refining teams were deployed for clearance operations within Ama-Omu Community. At the site, the team discovered a large wooden boat tied to a Jetty behind a building.

litres of stolen products

“The wooden boat was laden with 7 x 5,000 litres plastic tanks filled with AGO. The tanks were connected to a hose that led into a compound. The team further accessed the compound and discovered 3 large sheds and 4 rooms within the building containing tanks and drums of varying sizes,” the statement noted.

Al-Mustapha stated that six pieces of 10,000 litres Geepee plastic tanks, 18 pieces of 5,000 litres Geepee plastic tanks, 138 pieces of 300 litres plastic tanks, three pieces of 1,000 litres plastic tanks, 15 pieces of 75 litres kegs, three surface pumping machines, one air pressure machine, three metering machines, hoses of varying sizes, numerous valves, and work tools, were also recovered.

“Pertinently, the products

discovered at the site were cumulatively estimated to be about 105,450 litres of AGO. This quantity of products was denied criminal elements. Furthermore, eight suspects were arrested in connection with the products. The suspects had been handed over to the NSCDC and NDLEA for further investigation and prosecution,” he stressed. The NNFOB Operations Officer stated that the activities being carried out at the said crime scene not only contravene provisions of the Miscellaneous Offences Acts of 2004 and Petroleum Act Cap P10, Laws of the Federation of Nigeria 2004 but also pose an existential danger to the lives and properties of residents of the area, given that no safety considerations or measures were put in place there.

OANDO RECEIVES SPECIAL RECOGNITION AWARD ...

L-R: Managing Director, Oando Energy Resources, Dr Ainojie ‘Alex’ Irune, and President, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, at the 2025 PENGASSAN Energy and Labour Summit (PEALS) in Abuja, where Oando received a Special Recognition Award for its commitment to driving growth and resilience in the industry ... recently

Mbah to NBA: Law is Nation’s Conscience, Justice Sector Reform, Cornerstone of Our Administration

Louis Achi

Governor of Enugu State, Dr. Peter Mbah, has reminded lawyers that the law is more than a profession, as it serves as the conscience of the nation. Mbah, who spoke during the opening of the 2025 Annual General Conference, AGC, of the Nigerian Bar Association, NBA, at the International Conference Centre, Enugu, on Sunday, also restated the commitment

of his administration to justice sector reform, saying that it remained the cornerstone of his government.

“Let me say this: the theme of this year’s conference, ‘Stand Out, Stand Tall,’ is a timely reminder of the responsibility we bear as lawyers and leaders. The law is not just a profession – it is the conscience of the nation. We are not only courtroom advocates; we are also defenders of truth, architects

Benue Assembly Speaker Resigns, Replaced by Suspended Deputy Whip

George Okoh in Makurdi

Speaker of the Benue State House of Assembly, Hon. Hyacinth Dajoh, yesterday resigned his position, two days after he suspended four members of the legislature, including the Deputy Whip, Alfred Emberga.

It was learnt that Dajoh fell out with Governor Hyacinth Alia recently when he insisted that some top government officials, including the State Universal Basic Education Board (SUBEB) Chairman, Comfort Adagba, be suspended for six months for insubordination.

Though the governor suspended Adagba for one month, the plot was thereafter said to have thickened to impeach the former speaker, Dajoh.

But in his resignation letter, Dajoh said he relinquished his position in good faith and in the interest of the state, pledging to remain committed to his legislative duties.

In an emergency meeting presided over by the Deputy Speaker, Hon. Lami Ogenyi, Sunday evening, the house recalled the suspended Emberga and elected him as the new speaker.

Emberga who represents Makurdi North State Constituency was recalled and re-admitted alongside three other members. The motion to recall him was moved by the Majority Leader, Tiseer Saater, and seconded by Peter Ipusu, representing Katsina-Ala West.

The motion to elect the new speaker was moved by Douglas Akya representing Makurdi South and seconded by Abu James, representing Apa constituency.

In his acceptance speech, the new speaker said he acknowledged the weight of the office and the expectations of Benue people, who look up to the House to make sound laws, provide effective oversight, and quality representation.

of peace, and champions of equity,” he said.

Listing some concrete steps by his administration towards justice sector reform, the governor said, “Since assuming office, we have made justice sector reform a cornerstone of our governance. Just a few examples will suffice.

“We were among the first states to fully implement financial autonomy for the judiciary in line with Section 121(3) of the 1999 Constitution (as amended). This has enhanced the efficiency, independence, and dignity of our courts.

“We have carried out a comprehensive rehabilitation

and digitization of our courtrooms across the three senatorial zones. The High Court Complex in Enugu is equipped with e-filing, virtual hearing facilities, and an integrated case management system.

“To decongest our courts and promote alternative dispute resolution, we have strengthened and expanded the Enugu Multi-Door Courthouse, making it a model in the region for commercial and family dispute settlement.

“Through partnership with civil society and the NBA, we have expanded access to pro bono legal services for indigent citizens and detainees, especially in our rural areas.

No one should be too poor to afford justice.

“We have also carried out an extensive codification and review of obsolete state laws to reflect modern realities, ensure gender justice, and promote the ease of doing business in Enugu.

“Perhaps one of the reforms I am proudest of – we introduced real-time transcription for our courts.

Attaining Verbatim Reporting for the courts has eliminated the strain of longhand recording on judges, cut down on delays and improved productivity,” he said.

He, however, asserted that none of the reforms was an end in itself, noting that they

remained part of a broader vision of his government towards making Enugu State the preferred destination for investment, innovation, and inclusive development.

“From smart schools, safe communities to accessible healthcare – our vision cannot be achieved without a justice system that is fair, functional, and trusted,” he added.

The opening ceremony was chaired by the Sultan of Sokoto, His Eminence, Dr. Sa’ad Abubakar III, while the keynote address was given by charismatic leader of the Economic Freedom Fighters of South Africa and a member of country’s national parliament, Julius Malema.

Malam Cautions African Nations against ‘Debt Trap’ Loans From World Bank, IMF

Sultan of Sokoto: Justice now purchasable commodity in Nigeria

South African opposition leader, Julius Malema, who was a guest speaker at the event, cautioned the continent against loans from Brentwood organisations and others, saying that such moves could undermine Africa.

The outspoken South African, stressed that loans, which he described as “a debt trap,” can mortgage the future of the continent.

Malama said: The debt trap of Africa to our foreign colonisers must be stopped, and that begins by regulating these loans that our leaders commit future generations to, because they will not be there when the colonisers come to collect."

The President of South Africa’s Economic Freedom Fighters(EFF) noted the South

African parliament is making a move to checkmate loans from these institutions.

He said: “The Public Finance Management Amendment Bill will in South Africa deal with a problem facing the whole continent, and that is the unregulated borrowing of money by our governments from the World Bank and the International Monetary Fund (IMF).

“This bill, which we have introduced as the EFF, will require that the National Treasury in South Africa first seek approval from Parliament to source foreign loans and establish transparency regarding such loans and their conditionalities,” the EFF leader said.

Malema equally hailed Nigeria for its support of South Africa

during its apartheid struggle, proposing that such a bond should be strengthened.

“Combined, we possess the minerals that power modern technology, the energy resources that fuel global industry, and the human capital to build a self-sufficient continent.

“The path forward is clear: Nigeria and South Africa must industrialise together, build factories together, and process our resources on African soil,” he said.

He believes the continent’s “salvation” lies within and will not “come from Washington, London, Brussels, or Beijing.

“Our salvation lies here, in Lagos and Johannesburg, in Abuja and Pretoria, in the hands of Africans who refuse

to be divided,” the firebrand South African politician told the thousands of lawyers and other dignitaries.

Another guest speaker and the Sultan of Sokoto, Muhammadu Sa’ad Abubakar, said that justice in Nigeria is increasingly becoming a “purchasable commodity,” where the poor are victims and the rich evade accountability.

He cautioned that the integrity of the judicial system is being undermined by corruption and inequality.

“Today, justice is increasingly becoming a purchasable commodity, and the poor are becoming victims of this kind of justice, while the rich commit all manner of crime and walk the streets scot-free,” he said.

WEDDING CEREMONY...

Lagos...weekend

Mokwa Flood: 458 Households Receive Cash, Food Compensations

25% of victims still on waiting list FG yet to redeem N2bn pledge, others

Laleye Dipo in Minna.

Not less than 458 households have received both financial and food compensations as a result of their being affected by the last flood that ravaged Mokwa town of Niger State last May 28.

It was said that 25% of the victims are still on the waiting list for their compensations, while as result of the flood not less than 260 were said to have died with thousands displaced.

The compensation to each household included N1m

and some raw food items donated by the Niger State, federal government and humanitarian agencies.

Secretary of Mokwa Local Government Area who doubles as the Secretary of the Relief Distribution Committee, Alhaji Dauda Liman, told newsmen at the weekend that those yet to receive their compensations were those that relocated outside the community after the flood.

survivors some of them are those that quickly rushed out of the town to seek refuge in nearby villages while some traveled to their states of origin," he declared.

"Those that have not received their compensations are about 20-25 percent of the

He said the committee had distributed cash and other relief items to first and second batches to the affected victims, adding that the victims not captured in the first and second batches, would be captured in the third batch.

PDP Youth Leaders in 36 States Back Zoning Committee, Convention and NWC Decisions

Say Wike just a member of party, can't subvert NEC decision, other organs

Youth leaders in Peoples Democratic Party (PDP) from the 36 states and Federal Capital Territory (FCT) have thrown their weight behind the decision of the party’s National Executive Committee (NEC) to hold its National Convention in Ibadan, the Oyo State capital. They also backed the Governor Douye Diri-led zoning committee, which met in Lagos last week.

Chairman of PDP Youth Leaders’ Forum and Gombe State PDP Youth Chairman, Hon. Jamilu Kalshingi, announced the position following FCT minister, Nyesom Wike's threat that more crisis awaited the party if it failed to implement the outcome

of the South-south congress held in Calabar.

Wike also denied knowledge of the party’s forthcoming national convention.

He had alleged during a television interview, “They said they are going for their convention in November. I am not part of it until they have corrected it. Let us wait. There is still time for them to resolve it. Before you talk about convention, resolve the matter. If the matter is not resolved, there will be crisis.”

South-south leaders loyal to Wike, led by Minority Leader of the House of Representatives, Hon. Kingsley Chinda, had also met in Abuja and disowned the

Diri zoning committee meeting.

However, addressing newsmen at the weekend in Abuja, PDP youth leaders from the 36 states and FCT said they were behind the leadership of the party concerning the convention and zoning.

Kalshingi, who spoke on behalf of PDP Youth Leaders’ Forum, said they supported the decision of the party on zoning committee and convention.

He stated, "As you can see from this gathering, PDP youths are of the believe that the party is ready to take over power from the ruling All Progressives Party (APC).

"Secondly, we will like to assure Nigerians that the youths of this

country, especially this forum, we are ready to work with our leaders, especially our governors and the NWC, and commend them for their hard work and dedication to see that this party works for all Nigerians.

"We are solidly with the leaders of our party as it concerns the coming convention and zoning of party offices. We are with the officials of the party concerning the last NEC meeting that agreed on the convention.

"We, the youths, are the foot soldiers of the party, we are with the decision of the party, we support the zoning committee, we support the convention dates, and we assure Nigerians that

ATIKU ABUBAKAR: ADC LEADING POTENT COALITION, WILL

world. We will upstage the status quo in a way which will leave doubters dumbstruck,” he maintained.

In the same vein, contrary to recent reports to the effect that he may opt out of the 2027 presidential contest, the former Vice President Atiku restated that he will run for the nation's top job. However, apart from Atiku, ex-Anambra Governor, Peter Obi, and former Rivers Governor, Rotimi Amaechi, have made

public their intentions to jostle for the ADC’s presidential ticket as part of a coalition of opposition figures seeking to challenge President Bola Tinubu at the polls in 2027.

While the former vice president has positioned himself as the most experienced hand, Obi, the 2023 presidential candidate of the Labour Party (LP), has insisted he will not play a secondary role to anyone. Also, Amaechi, a former Minister Of Transportation, has hinted

on plans to throw his hat into the ring.

But Atiku was quoted to have said at the weekend that his commitment to the evolution of a better Nigeria far outweighed his quest to be President. Prof Ola Olateju of the Achievers University, Owo, Ondo state, who represented him at the defection of several top political figures to ADC in Lagos, suggested that Atiku was not enamoured about occupying Aso Rock at all costs.

this convention will hold, and nobody and nothing will stop it from holding this convention.”

The youth leaders’ forum chairman said, "The FCT minister is just a member of the party. I'm talking about the organs of the party. The NEC and the other organs of the party have spoken. The FCT minister is a member of the party, like any other member of the party.

“The governors’ forum, the NWC have taken a decision, and we the youth of the party are in support of the National Working Committee. I can tell you the organs of the party have spoken and nothing will change that decision."

SHOCK THE WORLD IN 2027

"Atiku Abubakar's plan is to build a better Nigeria, it's not about being President. It's about establishing a government that works for Nigerians. That's why some of us are with him, not because Atiku must be President at all costs," Olateju was widely reported to have said at the event he stood in for Atiku.

But Olusunle stated that after reading the report from his holiday home in the United Arab Emirates, (UAE), Atiku disowned the statement, insisting that the

message conveyed during the event was not sanctioned by him.

"I did not issue that statement," he said. "When people stand in for me at events, we preview my thoughts on the instant subject and what my contribution or intervention will be, so we are on the same page. In this particular instance, there was no engagement with me to distill my thoughts. Prof Olateju was not speaking for me," he stated.

The elder statesman added: "I

Dauda Lawal disclosed that owners of 424 houses and shops destroyed during the flood received N500,000 while relations of 138 people that died got N1m. He appreciated the gestures of both the federal and Niger State governments philanthropists as well as nongovernmental organisations for "putting smiles on the faces of the victims" He however confirmed that the federal government has not redeemed it's N2m pledged to aid the victims and urged for the release of the money to further ameliorate the sufferings of the victims.

President Bola Ahmed Tinubu through Vice President Senator Kashim Shettima made the pledge during a sympathy visit to the victims.

In addition, the federal government promised to reconstruct the bridge washed away by the flood while Vice President Shettima said he would organise the replacement of the electricity transformer for the town.

will run in 2027. Nigeria needs to be decisively rescued from the intensive care unit it has been consigned. The degeneration in our country, the level of poverty and pain, the anguish, is unacceptable.”

Atiku's statement is also coming as the presidency has often seized every opportunity to ridicule the ADC, claiming that the coalition only exists on paper and portraying it as inconsequential as well as lacking real electoral weight.

PASTOR EZEKIEL ADEBAYO MARKS 70TH BIRTHDAY…

L-R: Regional Superintendent, (Akinyele, rtd), Christ Apostolic Church Nigeria, Pastor Moses O. Yusuf; District Coordinating Council (DCC) Superintendent, (Alapere Zone, rtd), Pastor Isaac Oluwole Jesuwole; DCC Superintendent (Alapere Zone), Pastor Ezekiel Olu Adebayo; his wife, Evangelist Folashade Adebayo, and Mrs. Mary Jesuwole, during the 70th birthday ceremony of Pastor Adebayo in Lagos…recently

Insecurity: Concerned Youth Groups Call for Reinforcement of Troops to Kwara

CP confirms arrest of pregnant woman murder suspect

Hammed Shittu in Ilorin

Some concerned youth groups in the Kwara South Senatorial District of Kwara State have called for the immediate and heavy deployment of military forces into the area to restore order and dislodge bandits from their communities.

‘Open

In another development, the Kwara State Police Commissioner, Mr. Adekimi Ojo, has confirmed the arrest of a suspect, who is a brother to the husband of the pregnant wife who was allegedly killed in Ilorin lastTHISDAYThursday. checks revealed that the suspected

Grazing Provide Sanctuary for Criminality’

Segun James

A member of the House of Representatives from Ibeju Lekki Federal Constituency,Hon. Bayo Balogun, has said that the country will make a remarkable feat in the ongoing fight against insecurity is states and local governments implement no open grazing policies in their domain.

According to him, opening grazing provides shelter for criminals around the country.

He explained that most of the attacks suffered

by residents of remote communities are largely due to failure to raise the alarm when they noticed the presence of terrorists among them for swift action by security agencies.

Balogun, who stated in an interview in Lagos, however, noted that government at all levels must accord priority to insecurity just like the way fuel subsidy removal was implemented.

He added that judicious spending of about N4trillion allocated to security in the 2025 budget will go a long way securing the country.

SAZU Warns Parents, Students of Fake Admission Letters

Segun Awofadeji in Bauchi

The management of Sa’adu Zungur University (SAZU), Gadau, has alerted unsuspecting members of the public, especially desperate admission seekers, to beware of fraudsters selling fake admission letters.

The university last Saturday stated that its attention has been drawn to fraudulent activities by impostors who are circulating fake admission letters in the name of the university.

According to the Public Relations Officer of SAZU,

Auwal Hassan, “Specifically, a document titled: ‘Provisional Letter of Admission into Bauchi State University, Gadau, Bauchi State, for the 2025/2026 Session’, has been falsely linked with Sa’adu Zungur University (SAZU) to mislead unsuspecting applicants.”

The university management categorically stated that SAZU, Bauchi, is a distinct institution and should not be confused with Bauchi State University, Gadau (BASUG), as fraudsters are deliberately exploiting this similarity to deceive candidates.

bandits have taken over some communities in the Kwara South and North senatorial districts of the state due to incessant attacks on the residents for the past few months by the bandits.

Among the affected communities are Babanla, Baba Sango, Eka, Upper Eka, Lower Eka, Kudagbari, Gbanmu, Oloruntele, Ibudo Idowu, Ibudo Olosun, Ayetoro, and Apata Olosun.

It was further learnt that the suspected bandits have also taken over some communities in the Kwara North senatorial district, including Lade town, Ndanaku, Lafiagi, Gamalegi, Haruna Kata, Lata Woro, Wariku, and Lema. The invasion by these suspected bandits has led to the mass movement of the residents of the affected communities to safer places in the state.

2027: CAN Cautions Organs against Endorsing Politicians

Igbawase Ukumba in Lafia

The Nasarawa State chapter of the Christian Association of Nigeria (CAN) has cautioned its organs against endorsing politicians seeking elective positions..

The body, however, reminded its organs both at the state and local government levels

that CAN is not a political party, and cannot endorse any politician seeking an elective position, saying that doing so would tarnish the good name of the association bequeathed by its past leaders..

The state Chairman of CAN, Very Rev. Dr. Sunday Emmah, gave the caution in his speech at the meeting of

the State Executive Council (SEC) at the weekend in Lafia.

He praised the state Governor, Abdullahi Sule, for the recent donation of N20million for the purchase of a vehicle and approval of stipends for running the activities of the body in the state.

The CAN chairman

lauded the commitment of members of the state executive council for the faith they have in his leadership and for their hard work in achieving some milestones, including the successful organisation of the prayer summits and the tour of local government areas, urging them to sustain the tempo.

Women Tasked on Active Participation in Politics

Kemi Olaitan in Ibadan

A women empowerment advocate and entrepreneur, Omolara KF Busari, has bemoaned the declining number of women in politics and elective offices, saying the nation’s democracy would grow at low pace without the active participation of women.

Busari spoke in Ibadan during a programme with the theme, “Understanding our role in active politics,” aimed at promoting increased women’s representation in elected office ahead of the 2027 general election as well as empowering them.

She said the trend of

low number of women in politics and political offices is a growing concern for well-meaning Nigerians, whether state or non-state actors, stating that available statistics show that the national average of women’s political participation in Nigeria has remained poor.

According to her, “The programme is designed to address the low representation of women in active politics, which I believe is detrimental to the nation’s progress. My target is to see more women in active politics, I want to see more women run for political offices, especially in Oyo State.

Obazee Receives Awards, Taidob College Names Road after Him

Taidob College in Abeokuta, Ogun State, has named a 172-metre street in the institution in honour of Jim Osayande Obazee, recognising his contributions to educational growth and the development of Nigeria as a whole.

The Vice-Chancellor

of Bowen University, Iwo, Professor Jonathan Babalola, who inaugurated the road during the school graduation and prize-giving ceremony, eulogised Obazee for his steadfast support, genuine commitment, and belief in the mission of shaping young minds for a brighter future.

Announcing the award of the road via a 13th August 2025 letter, signed by the Director of Taidob College, Obawumi Jiboku, he described Obazee as a lover of education, a parent, and a steadfast supporter of the institution who has made contributions to the school. He stated that

the school’s Board and Management valued his outstanding impact on its journey and so has decided to honour him.

“The college mana-gement has resolved to name the newly commissioned 172-metre road leading to the college auditorium in your honour.”

Otu Preaches Cultural Preservation at Leboku Festival

Bassey Inyang in Calabar Cross River State Governor, Senator Bassey Otu, has called for the preservation of the culture and heritage of the people, insisting that they remain the core of human existence, which

must be preserved at all costs.

Otu made the advocacy during the 2025 Leboku International New Yam Festival, celebrated in Ugep by communities across the Yakurr Local Government Area in the state, to mark

the beginning of the new yam harvest t..

Acknowledging the role of culture and tradition in the development of human existence, he commended the people of Ugep for their dedication to preserving their cultural heritage, which has significantly contributed to the state’s rich tourism potential.

According to him, “Leboku is an age-old tradition of Ugep and surrounding communities in Yakurr.”

Boniface’s AC Milan Move Collapses Amidst Concern Over His Knee

Kunle Adewale

Nigeria international, Victor Boniface’s hopes of sealing a move to AC Milan, has collapsed after the Italian giants pulled out of the deal following concerns raised during his medical.

The Bayer Leverkusen striker travelled to Milan in midweek for a series of medical tests ahead of the proposed loan transfer. However, medical complications were flagged during the examination, forcing the club to reconsider the move to bring him to San Siro. Concerns were allegedly raised over a lingering knee injury.

If the deal had been completed, Boniface reportedly would have won the jersey number 22 at

Milan following the footsteps of Brazilian great Kaka. He would have become the seventh Nigeria to play for Milan, following the footsteps of Aliyu Datti, Taribo West, Kingsley Umunegbu, Nnamdi Oduamadi, Taye Taiwo, and most recently, Samuel Chukwueze.

Belgian journalist, Sacha Tavolieri, reported yesterday that Milan have made a final decision not to proceed, stressing that the information was “confirmed.”

This is the second time in seven months that a transfer away from Leverkusen has broken down for Victor Boniface.

In January, the 24-year-old Super Eagles striker came close

to joining Saudi Pro League side Al Nassr in a deal worth around €70 million. The forward had already prepared to travel before the move was cancelled, with Al Nassr opting instead to sign Colombian striker Jhon Duran.

Milan had been eager to add firepower to their attack, with Boniface viewed as a strong partner for Rafael Leão and a possible complement to fellow Nigerian Samuel Chukwueze, who joined from Villarreal in 2023.

Leão had even welcomed the prospect of the Nigerian arriving at San Siro. But with the deal now off, Boniface will remain in Germany.

The striker is under contract with Bayer Leverkusen until 2028 and is expected to rejoin Erik ten Hag’s squad. The Dutch manager endured a difficult Bundesliga debut at the weekend, as his side slipped to a 2-1 home defeat against Hoffenheim.

Nigeria’s Nathan Tella featured for Leverkusen, while compatriot Kevin Akpoguma appeared as a second-half substitute for the visitors.

For Boniface, the collapse of another high-profile move is a frustrating setback. Still, his presence offers Leverkusen much-needed depth as they look to recover from a stuttering start under Ten Hag. Bayer Leverkusen will next make the trip to face Werder Bremen on Saturday, August 30.

Winners have emerged in the second edition of the India Independence Day Golf tournament which held over the weekend at the Ikeja Golf Club.

The golf tournament was a huge success, and the Indian community didn’t spare anything to serenade all participants at this edition. The inaugural edition held on August 17, 2024.

In the Men’s Category, Babatunde Ojo fired 33 points to emerge while Goke Akinboro (33 points) and Mojeed Aberuagba (31 points) won the second and third positions respectively. Dipo Dawodu (31 points) and Kayode Adedayo (31 points) were in the Reserve position.

For the ladies, Lynda Obieze won the event with 34 points while Queen Ebosetale Okhuleigbe and Afolashade Opawunmi finished second and third with 32 points and

30 points respectively. In other categories, Arun Sharma emerged winner in the Longest Drive for men, just as Ebosetale Okhuleigbe took the title in the women’s category.

Mike Laleye won the auxiliary prize in the Nearest to the Pin for men, while Chichi Alamu triumphed in the women’s catgory.

Speaking at a dinner to mark the end of the memorable tournament, Captain of Ikeja Gold Club, Rasheed Adebisi, thanked the Indian community in Nigeria for bringing the tournament to the club, just as he assured them of a more cordial relationship between the two countries.

He said: “India is 79 years old today (Sunday). We will try to support their community because the relationship between India and Nigeria has come a long way,” Adebisi stated.

Duro Ikhazuagbe

Returnee clubs to the Nigerian Premier Football League (NPFL), Warri Wolves and Wikki Tourists have given signals they are not ack to the Nigerian topflight to make up the numbers following the brilliant form with which they both won their opening games yesterday.

Similarly, newly promoted teams, Barau FC and Kun Khalifat, also got results on the opening day fixtures.

At the Mohammad Dikko Stadium In Katsina, Warri Wolves handled by Napoleon Aluma, snatched their first maximum three points from their game of

The Chairman of the National Sports Commission (NSC), Malam Shehu Dikko, has reiterated federal government’s commitment to revamp boxing in the country.

He made this known when he played host to the CEO of Yucateco Ltd, Hon.Omonlei Imadu, the initiator of the firstever amateur boxing league in Africa.

The NSC chief highlighted the Commission’s plans, in consonance with President Bola Ahmed Tinubu’s mandate, to

the season against hosts Katsina United.

A late winner by Igbunnu Evwiehurhoma handed the Delta team full points away in Katsina.

Wiki Tourists who are making their return to the top league just like Warri Wolves also snatched maximum points at home against neighbors Plateau United by the same 1-0 scoreline.

Another new comers, Barau FC, the baby team of Deputy Senate President, Senator Barau I. jibrin, also opened their topflight account with a brilliant goalless draw with two-time CAF Champions League winners, Enyimba of Aba in Kano.

reposition sports in Nigeria to an enviable status. Dikko said the commission has designed a framework to accelerate the advancement of Olympics-rated sports in the country, and boxing falls in this category.

In his words: “The NSC is not oblivious of the issues in certain sports, hence our developmental scheme to revamp boxing and a few others for an exponential efficiency.”

“We operate an inclusive policy, and this is to ensure

League, sponsored by the Zenith Bank PLC, is expected to get underway at the University of Ilorin Multi-Purpose Sports Centre, Ilorin, today, August 25, 2025.

The second phase of the Atlantic Conference will end on September 1, 2025.

The Chairperson of the Women’s Basketball Premier League, Perpetua Clement, confirmed the federation’s readiness to adhere to the dates.

According to Clement, necessary machinery have been put in place for a hitchfree completion at the Atlantic Conference of the League, with the Savannah Conference billed

Bayelsa United completed the beautiful opening day with away 0-1 win in Ibadan against Shooting Stars. Kehinde Malik Lawal gave Bayelsa the winner after half an hour in front of restless Oluyole Warriors fans. Elsewhere, El Kanemi Warriors stopped Bendel Insurance 2-0 while Abia Warriors pipped Kano Pillars 1-0. Kwara United drew 0-0 at home with Ikorodu City.

Earlier on Friday, league champions Remo Stars were held 1-1 by last season’s runners-up Rivers United in Abeokuta. Remo’s home ground in Ikenne is undergoing refurbishment ahead of their campaign in the CAF Champions League.

that no sector of our sports is left behind,” Dikko said.

The NSC boss commended Yucateco’s dedication to amateur boxing development in the country as he reaffirms the government’s resolve to foster collaboration with individuals and corporate bodies at every facet of Nigerian Sports.

“The NSC under my leadership will continue to encourage those with genuine intentions to support our sports, what Yucateco is doing for amateur

for Jos, the Plateau State capital.

In the 1st phase which took place in Benin, defending Champions, Mountain of Fire and Miracle Ministries Basketball team and First Bank, had a good run against others like Dolphins, Bayelsa Blue Whales, and First Deep Waters.

In the Savannah Conference, Air Warriors and Plateau Rocks are the high fliers in a group which also has Customs, Kada Angels, HAM Warriors, Titans, Royal Aces and Nasarawa Amazons.

The Savannah Conference second Phase is also billed to start today in Jos.

The sponsor of the

boxers is truly commendable and the commission will support him in every way possible,” concludes Dikko.

In his remarks, Hon. Omonlei Imadu, praised the NSC leadership for setting Nigerian sports on a progressive trajectory.

The Yucateco boss who staged the first ever World Boxing Council (WBC) amateur championship in Africa assures the NSC chief of his unwavering commitment to the advancement of Olympic-style boxing in the country.

league, Zenith Bank, has assured stakeholders that the organisation is ready to continue its commitment to the development of the game in Nigeria.

Group Managing Director and CEO of Zenith Bank, Dame Adaora Umeoji (OON), stated that the sponsors are always proud of the league which over the years has produced results for Nigeria.

“We look forward to the second phase because that is where the finalists will emerge. We are working towards making the tournament better every year,” Umeoji said in a statement.

S'AFRICA’S ECONOMIC FREEDOM FIGHTERS VISIT SANWO-0LU...

L-R: Members of Economic Freedom Fighters, EFF of South Africa, Mr.

Deputy Secretary General, Ms. Leigh

MAHMUDJEGA

VIEW FROM THE GALLERY

Twelve Must-read Books

Two widely reported remarks at the weekend by top Nigerian Army Generals, one retired and one still serving, reminded me that there are twelve very important books that our youngsters should be made to read, in order to make up for the removal of History and Geography from the school curriculum for ten years. I learnt that a book was jointly published at the weekend by the two Army Generals, both of them highly accomplished in the art of violence, military strategy, weaponry, self defence and fight against terrorism.

This very important book is called How to End Terrorism, by Tukur Buratai and Chris Musa. The first chapter, written by Buratai, calls for a COVID-19 style national lockdown in order to end kidnapping, banditry, armed robbery, cattle rustling, farmers/herders clashes and attacks on villages and towns. Buratai said when everybody is inside his house, kidnappers and bandits will have nobody to grab in the streets, farms, markets or in travelling vehicles. General Christopher Musa, who is the most senior General in the Nigerian military today, added a second chapter to the book which called for all citizens to rise up in self defence. He added a footnote saying he did no mean that every Nigerian should acquire an AK-47; he only meant sticks, clubs, bows and arrows, catapults, swords, spears and stones to combat bandits.

The book currently topping the Nigerian bestseller list is How to Ensure Aviation Safety, jointly authored by two highly reputable experts in aviation safety, Kwam 1 and Kwam 2. They wrote in the book, very thoughtfully, that planes are very dangerous when in flight and that the best way to keep them safe is by forcing them to remain on the ground. One way to do this is to stand in front of a plane and prevent it from taking off. One should stand firm even if the pilot is ready to crush the person standing in front of the plane, just because a liquid [alleged to be alcoholic] was poured on the captain’s white uniform. Another good way to ensure flight safety is to jump from your seat and kick a stewardess, thus forcing the pilot to make an emergency landing at the nearest airport.

I was reading this very interesting book How to Build a Coastal Road by David Umahi. This brilliant engineer provided very good answers to all the questions that were not asked, including the length of the pipeline in the road’s drainage channels. He wrote that questions as to why the project is a top national priority, why it costs billions to build a kilometer of the coastal road, why it was neither approved by the National Assembly nor subjected to competitive bidding, and why 30 kilometers of a 700 kilometre road

was commissioned, would all be answered during his next appearance on NTA.

Another very interesting book unveiled at the weekend was How to Keep Nigeria One by Sunday Igboho. He was at the palace of the Oni of Ife to invite the revered monarch to be the book’s chief launcher at a ceremony slated to take place at Abuja’s Unity Fountain. I hear that he will soon present a copy to General Yakubu Gowon, whose archaic 1960s idea that “To keep Nigeria one is a task that must be done”, Igboho has now successfully debunked. In order to keep Nigeria one, he wrote, each of its 250 ethnic groups should declare itself to be a Nation and should apply to ECOWAS and African Union for membership. Afterwards, all 250 Former Nigerian Nations [a la former Yugoslavia] should join the United Nations. We will then form a majority of its members and must be granted three, not one, permanent seats in the Security Council, with the power to veto everything that Oyinbo dare to bring up.

Everyone aspiring to contest the 2027 elections should read the book How to Declare Election Results, by Hudu Yunusa-Ari. He wrote that if the Returning Officer, who is always a university professor, is too absent minded because of ASUU strikes to compute election results, the Resident Electoral Commissioner should cast aside the Electoral Act and INEC manual, take over and declare his preferred candidate as the winner. Anyone who disagrees should go to court, there to spend on lawyers more than he spent in the campaign.

Every governor in Nigeria should read the

book How to Govern from Your State Capital, by Ibrahim Saminu Turaki. The late former Governor of Nasarawa State Alhaji Aliyu Akwe Doma once told me that when he was employed in the Northern Nigeria Civil Service in the 1960s, they were told that they must spend most of their time in their district, divisional or provincial capitals. Turaki’s book has successfully debunked that archaic rule of administration. It says at any one time, a governor must have confirmed flight tickets of British Airways, KLM, Air France, Swiss Air, Emirates, Ethiopian, Egypt Air and American Airlines in his brief case, ready to take off at short notice.

How to be a Godfather, by Nyesom Wike, is a book that every top Nigerian politician must read. Among the important steps the book prescribed include anointing an unknown person as your successor, amassing a lot of money, running for president, lobbying to be the running mate, controlling your State Assembly members and Local Government chairmen, forming a G5 group within the party, negotiating with your party’s opponent to help him win the election, get rewarded with a juicy ministerial post, pretend to still belong to your old party while working for the success of your new party, and doing everything to sabotage your old party’s scheduled national convention.

After reading Wike’s book, one must read another bestseller, How to Remain Loyal to Godfather, by Chris Ngige. It is very simple; follow the godfather to a shrine and go through all the rites and oaths; allow the godfather to appoint State Assembly leaders and most Cabinet members; sign Irrevocable Letters for the godfather’s debts to be deducted from the state’s Federation Account allocation; and finally, sign a postdated resignation letter and give it to the godfather, which he can bring up at any time it pleases him.

One book that has topped the bestseller lists for many weeks is How to Remain in One Political Party, by Atiku Abubakar. He wrote in the book that even though Nigerian men have as many wives as northern Cameroonians and more mistresses than Frenchmen, they should stick to a single political party throughout their political career. The author, one of this country’s greatest and most experienced politicians, frowned at the spectacle that anytime that one’s political aspiration is blocked in a party primary, he immediately arranges to grab the ticket of another party, even if it is a briefcase party. He condemned mergers, take overs, alliances, cross carpeting, anti-party activity, underground financing and retreating to Dubai after every election.

Another very important book unveiled at the weekend is How to Guard Your Tongue, by Nasiru el-Rufa’i. This brilliant and restless author’s last

book on public servants Accidentally topped the charts for many years. He has now successfully debunked what former Egyptian President Anwar Sadat once told ABC’s Barbara Walters, that a politician should not write a book until he is through with politics because friends could become enemies and enemies could become friends. The book also explained, successfully, why he once told political opponents to climb Mount Kufena and jump, why he described Sardauna, Zik and Awolowo as tribal politicians, why he set a five million prize on an opponent’s Afro hair, and why he said all his opponents will end up in the grave like Umaru Yar’adua or at Otueke like Goodluck Jonathan.

Every Nigerian, from the age of fifteen upwards, must ensure that he reads the recently released book How to Maintain Peace in Nigeria, jointly authored by Nnamdi Kanu and Abubakar Shekau. While the first author contributed his chapter from detention, the second author contributed his chapter posthumously. The book’s first chapter stated, very thoughtfully, that the key to ensuring enduring peace in Nigeria is by actualising a former secessionist Republic, which it said brought peace to South Sudan, Indonesia’s East Timor and Somalia’s Somaliland province. The quickest way to ensure this, the first chapter stated, is by imposing a Sit at Home order every Monday, by maintaining a radio station operating from abroad, by forming a Security Network to storm police and army checkpoints, and by setting ablaze every INEC office in sight. The book’s second chapter, contributed by Shekau, is even more enlightening. It calls for the closure of all schools, elimination of anyone who does not subscribe to Jihad, mass abduction and enslavement of schoolgirls, storming of military bases and hoisting of Boko Haram flag on every public building.

A twelfth, very interesting book that every Nigerian adult and youngster must read has the title Vigour Through Rigour. It was said in the foreword that this title was used in a 1980s article by the conservative American writer George F. Will to describe then British Prime Minister Margaret Thatcher’s tough policies. Mystery was added to this book because the author’s name was kept secret. The introductory chapter, titled “Subsidy is gone,” advocated that Nigerians must be shaken out of their laxity by ending fuel subsidies, free floating the naira, widening the tax net, keeping the minimum wage low, increasing the cost of living, stopping Yahoo Boys from earning a living, and closing 13.5 million youngsters’ social media accounts. National Assembly should shortly pass into law an Executive Bill, without debate or amendment, that makes reading these twelve books compulsory.