Index to Nigerian Newspapers

The Becheve tribe in Cross River State has an odd practice where girls, sometimes as young as four years old, are used as collateral for loans their parents obtain from more illustrious kinsmen. Victims of the practice include Beatrice Okumo, Jennifer Abega, and Beatrice Okumo. Beatrice was given as collateral for a sum they borrowed from her creditor, Papa, who was then 50 years old and much older than her father. Jennifer ran away from slavery when she was 10, but her uncle resisted her attempt to freedom and told her mother to either return her to the creditor or repay his debt.

The Becheve tribe in Cross River State has an odd practice where girls, sometimes as young as four years old, are used as collateral for loans their parents obtain from more illustrious kinsmen. Victims of the practice include Beatrice Okumo, Jennifer Abega, and Beatrice Okumo. Beatrice was given as collateral for a sum they borrowed from her creditor, Papa, who was then 50 years old and much older than her father. Jennifer ran away from slavery when she was 10, but her uncle resisted her attempt to freedom and told her mother to either return her to the creditor or repay his debt.

OPEC and its allies have agreed to reduce production targets between January and December 2024 by 1.4 million barrels per day (bpd), bringing total production to 40.463 million bpd. Saudi Arabia announced a production cut of one million bpd, while other members extended earlier cuts until the end of the year. OPEC+ aims to achieve and sustain a stable oil market and adjust overall crude oil production to 40.46 mb/d from January 1 to December 2024. The OPEC and non-OPEC Ministerial Meeting reaffirmed the Joint Ministerial Monitoring Committee's mandate to review global oil market conditions, production levels, and conformity. The meeting emphasized the importance of adhering to full conformity and compensating countries producing above the required production level. The 36th OPEC and non-OPEC Ministerial Meeting is scheduled for November 26, 2023 in Vienna.tion.”

A Rivers State High Court has remanded the Managing Director of Saipem Contracting, Mr. Walter Peviana; and Kelechi Chinakwe in the Port Harcourt Correctional Centre over an alleged conspiracy to cheat and with intent to defraud the Rivers State Government of $130m.

Nigerian Guild of Editors (NGE) has slated ita Town Hall Meeting for the North-West geo-political zone at the Tahir Guest Palace (Hotel), Kano. The Nigerian Guild Editors announced its plans to hold town hall meetings across the six geo-political zones, kicking off the meeting in the South-West zone last November in Lagos. In a statement by its president, Mustapha Isah and the general secretary, Iyobosa Uwugiaren, in Abuja, the professional body of all the editors in Nigeria. With a theme: "Agenda Setting for Sustainable Democratic Culture", the guild said the objective of the meeting, which is being supported by the United States (US) Embassy in Nigeria, is to assess the media performance in consolidating Nigeria's democratic-citizns' verdict and outlining media agenda for the future.

Over 112 illegal refineries have been discovered in the creeks of Ikwere Local Government Area of Rivers State. The Chairman, mr. Samuel Nwanosike said at the week end that most of the site were located in the Ogbodo community of the state. The government said his primary concern was to ensure that the health of the people were not jeopardised. Wike berated the police for being complicit in the criminal act of ilegal oil bunkering saying they were not commited to the fight to stop the operations.Wike frowned at the inability of the police to arrest members of the illegal bunkering cartel operating at athe Ibaa community in the Ikwerre Local Government Area. 

It was the 17th prize presentation event held in Abuja. Atoatl of 108 winners of different home appliances joined the car winner, 52-year-old Patrick Obekpa, a realtor in Gwarimpa rae of the Federal Capital territory (FCT), who won the 14th Kia Rio saloon car in the customer rewards promo. A refrigerator winner, Maryam Buda, a Business Administration stundents of Taraba State University. A television set winner, Joseph Negedu. Globacom representative at the event, Ibrahim Kastina, explained that the company "launced this promo in furtherance of our commitment to give more value to our subcribers as they use their glo lines." He added: "It has been an honour to have fulfilled the promises we made to our subcribers." Assitant Director of the National Lottery Regulatory commssion ( NLRC), Mr Martins Oteh, laudede Globacom's fidelity and commitment to customers. "Throughout this consumer promotion,Globacom has, time and time again, fulfilled all its promises to consumers for their participation in the promo.

Former Nigerian President Olusegun Obasanjo has reportedly backed the emergence of an Igbo president in 2019, despite mixed reactions from prominent Igbo politicians. Some argue that the challenges facing Nigeria have gone beyond who becomes president and that the best approach is to restructure the country and allow each region to develop at its own pace. However, some believe that the Igbo cannot be considered serious when they argue that they are marginalized, as they have always been part of the leadership. For instance, Commodore Ebitu Ukiwe supported military President Ibrahim Babangida as de facto vice president from 1985 to 1986, and Dr. Alex Ekwueme served as vice president from 1979 to 1983. Additionally, several Igbo sons and daughters have held sensitive positions in government since the return of civil rule in 1999. Some also believe that the Igbo have been deliberately relegated to the background in politics, arguing that their achievements can be attributed to their resourcefulness, industry, and hard work.

In order to protect the National Cake, which is being stolen by a select few and leaving millions of people disenchanted with nationalism, Nigeria must agree to the Nigerian Promise to be FLH in 2022. Infrastructure has deteriorated as a result of leadership failing to see that the colonial 4–7 year cycle of maintenance was immensely profitable for contractor/civil servant cartels and civilians alike. Nigeria's ability to create infrastructure and superstructures has been hindered by politics and theft, and financial problems predict social aspects like poverty, unemployment, and happiness indexes linked to security indexes. Nigeria must put an end to terrorism and corruption in 2022 and elect a younger generation of top political figures for the years 2023–2027 if it is to advance.

The Independent National Electoral Commission (INEC) has expressed concern about how best to protect the electoral process in 2023. INEC Chairman, Professor Mahmood Yakubu, assured the nation that the commission would focus on the best way to secure the process in the most professional way. He praised security agencies for protecting recent elections and the commission's facilities against "malicious" attacks. The CVR exercise has now entered its third quarter, and the commission is looking forward to activating the additional 1,862 centres nationwide to make it easier for citizens to exercise their right to register as voters. This meeting will review the security situation to activate 2,673 registration centres nationwide.

According to Dr. Babangida Aliyu, a former governor of Niger State, the opposition People Democratic Party has decided to choose its presidential candidate for the 2023 election from one of the northern regions of the nation despite its agreement that any candidate may run for office. Speaking to the supporters, Aliyu said, "In our zoning agreement, we have agreed to re-zone the North as requested by others. However, we have also agreed written openly as a result of what has happened that any candiata from any part of the country can now run in this election."If the PDP could unite and settle on a certain candidate for chairman. It implies that a single contender could have challenged it.

 

A Veterant journalist, Tony Oyatedor, has advised Nigerians' to focus more on competence rather than on zoning in the race to find President Muhammadu Burhari’s successor in 2023. He said, In the US , where I returned from, you will be fascinated to Know that there is zoning system.  So, in Nigeria, you can zone all you want but if you are zoning just for zoning sake, you won’t get results. We have travelled the world and people ask what does Boko Haram mean?” he  urge the government to apologies to those who feel aggrieved or treated unfair. The government should humble themselves, tell  the youths that they are sorry, that you have misled them for decades and you would do much better in the future. They will lay down their axes and embrace peace.

 

 

Regulator of the telecoms sector, the Nigerian Communications Commission (NCC) has expressed concern over safety fears raised by the aviation industry in the United States (US) over the rollout of the fifth generation (5G) technology in the country. Nigeria is at the threshold of deploying the technology having concluded the bid for the 3.5 gigahertz (GHz) spectrum that will be used to deploy the technology in the country in December 2021.  The Association of Licensed Telecom Operators of Nigeria (ALTON) and Association of Telecoms Companies of Nigeria (ATCON) say the rollout of the technology in the country should go on as scheduled. They are convinced, based on empirical reports, that there is no interference with aviation navigation systems with 5G technology mobile phone services.

Samsung Electronics Co., Ltd. yesterday promised to revolutionise the mobile devices industry with extensive research and development (R&D) as it launched its fifth generation (5G) of Galaxy foldables: Galaxy Z Flip5 and Galaxy Z Fold5 into the Nigerian market. Head of Mobile eXperience Business at Samsung Electronics, TM Roh, who spoke during the unveiling of foldable devices, Every day,more people choose our foldables because they offer an experience people want that they can’t get on any other device. Galaxy Z Flip5 and Galaxy Z Fold5 are the latest devices that prove our commitment to meeting the needs of our customers through innovative technology, ” Roh said.  The form factors offer unique experiences for every user with sleek and compact designs, countless customisation options, and powerful performance. According to Samsung, the new Flex Hinge makes the foldable experience possible, while offering an aesthetically balanced and solid design. With strong performance and an optimised battery powered by the latest processor, With a strong belief in the potential of the foldable format, paired with world-class R& D and manufacturing capabilities, Samsung has consistently refined and optimised the Galaxy Z series lineup.

The Nigerian Court of Appeal (PCA) is handling 1,209 petitions and 813 cases from primaries for the 2023 general election. Justice Monica Dongban-Mensem urged politicians to manage their affairs and focus on national economic development. The court has 98 panels and 39,526 appeals pending as of 31st August 2023. She commended Justices and support staff for their performance and urged the Federal Government to improve the welfare and work condition of court officials.

The Nigerian union ASUU has been on strike for 23 years, demanding inconsistencies in the Integrated Payroll and Personnel Information System (IPPIS) payment, non-payment of Earned Allowances, delay in the renegotiation of FGN/NASU and SSANU agreement, non-payment of Arrears of National Minimum Wage, usurpation of Headship of Non-Teaching Units, neglect and poor funding of state universities, non-payment of retirement benefits to outgoing members, and non-constitution of visitation panels to universities. Scholars and stakeholders disagree on the similarities and differences between the Nigerian and Western education systems. Universities in the UK and U.S. are mostly private owned and fully commercial.

The Nigerian union ASUU has been on strike for 23 years, demanding inconsistencies in the Integrated Payroll and Personnel Information System (IPPIS) payment, non-payment of Earned Allowances, delay in the renegotiation of FGN/NASU and SSANU agreement, non-payment of Arrears of National Minimum Wage, usurpation of Headship of Non-Teaching Units, neglect and poor funding of state universities, non-payment of retirement benefits to outgoing members, and non-constitution of visitation panels to universities. Scholars and stakeholders disagree on the similarities and differences between the Nigerian and Western education systems. Universities in the UK and U.S. are mostly private owned and fully commercial.

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to remove controls that make it difficult for BDCs to compete for the $20 billion annual forex inflows through diaspora remittances. It also lamented Nigeria's rising import bill and called on the Federal Government to deploy measures to tackle the challenge. The official exchange rate at the Investors and Exporters (I&E) window depreciated by 6.03% to close the year at N435/$1, while a 22.8% depreciation was recorded at the parallel market to close at N565/$1. Inflation-linked devaluations are damaging and government should allow economic reasoning to outplay political tendencies.

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to remove controls that make it difficult for BDCs to compete for the $20 billion annual forex inflows through diaspora remittances. It also lamented Nigeria's rising import bill and called on the Federal Government to deploy measures to tackle the challenge. The official exchange rate at the Investors and Exporters (I&E) window depreciated by 6.03% to close the year at N435/$1, while a 22.8% depreciation was recorded at the parallel market to close at N565/$1. Inflation-linked devaluations are damaging and government should allow economic reasoning to outplay political tendencies.

Mohammed Zarma, an ex-DEPUTY Comptroller with the Nigeria Customs Service (NCS), has reclaimed his freedom. He was allegedly kidnapped by armed individuals last Friday in Kwara State. The source said that the kidnappers' initial demand of N10 million was later dropped to N6 million, even though the ransom sum was not made public. But before disclosing any information, he claimed he needed to create contracts.

 

A factional leader of All Progressives Congress (APC) in Rivers State Sen. Magnus Abe has said that struggle in the state party is for justice and fair play , and not about him.

Abe told the crowd that contrary to the impression in some quarters that the crisis in Rivers APC was caused by his ambition to become governor.He said it was a struggle for righteousness  to be enthroned, for justice to shine, and if people do not stand up for what is right, what is wrong will overtake us.

In a bid to achieve Africa’s target of $450 billion income through export, AFEX has signed a Memorandum of Understanding with Ghana Commodities Exchange (GCX), to boost  cross border commodity trading ecosystem across Nigeria and Ghana.

The MoU signing, took  yesterday place in Abuja.

Speaking at the ceremony the Chief Executive, Ghana Commodities Exchange, Mrs. Tucci Ivowi, said “Since 2017, the GCX has been committed to improving the livelihood of smallholder farmers, and this partnership with AFEX is an extension of our commitment to drive transformative change in the agriculture sector. This is significant step towards realising our shared vision of seamless market integration in Africa’s commodity trading space, and together, we will not only enhance commodities trading and market infrastructure, but also empower farmers and traders through capacity building.” 

The  President/Chief Executive, AFEX Nigeria, Akinyinka Akintunde, expressed hope that the partnership would intensify export development and diversification.

He said  exchange wants to work with the exchange  to  promote regional integration and trade competitiveness. He emphasised “We at AFEX are elated to announce this momentous MoU signing, which reflects our resolute commitment to revolutionize the agricultural landscape. Through this strategic partnership, we will set new benchmarks in quality standards, and fortify market infrastructure. Our joint efforts will not only amplify market liquidity but also empower stakeholders and unlock value for Nigeria and Ghana’s value chain.”

The Intercontinental Marketing and Communication Consortium (IMCC) has issued an apology to the Advertising Regulatory Council of Nigeria (ARCON) for deploying the "All Eyes on the Judiciary" billboard without an approval certificate. The agency acknowledged breaching Article 24(a) of the Nigeria Advertising Practice Code, which requires all advertising, marketing communications, and related materials to undergo ARCON's vetting process and secure the ASP's approval certificate before public exposure. IMCC stated that the agency sent artwork to ARCON liaison officer Markus Inji Lukman, who provided reassurances that the material would be approved.

Attorney-General of the Federation (AGF) and Minister of Justice Prince Lateef Fagbemi (SAN) was sworn in by President Bola Ahmed Tinubu. Fagbemi, a respected jurist, is expected to initiate reforms to reshape the legal system. Former Nigerian Bar Association President Dr Olisa Agbakoba expressed confidence in Fagbemi's abilities and the support of the Bar. NBA President Yakubu Maikyau pledged NBA's support for Fagbemi and urged Maikyau to present the NBA's official position on law reforms and areas of improvement for the Judiciary. Fagbemi is expected to avoid controversial decisions and chart a new path for himself and the justice sector.

A Federal High Court in Lagos has summoned a former governorship aspirant of the Peoples' party of Nigeria (PPN) in Zamfara State, Adamu Bashir and two others to take their plea on an alleged N299.86 millon fraud charge. The other firm, OBD Petroleum Limited; and its managing director Umeanor Obinna Micheal.Justice Abimbola Awog boro issued the bench warrant on wedneday, sequel to an applicatin by a senior counsel in the office of the Attorney-General of the Federation (AGF). Mrs Kehinde Bode-Ayeni. Bode -Ayeni alleged that the Defendants had failed to show up for their arraignment filed against them. Justice Awogboro granted the application and adjourned till March 3, for defendants' arraignment. According to the amended charge marked FHC/L/281c/2016, the defendants on about October 2014, obtained loans of N160million and N139.8mllion in two tranches from a bank by false pretence and with intent to defraud. The defendants allegedly pretended that money woulld be used to supply 2.2million litres of AGO to Lastal Energy, Limited.  

The ruling All Progressives Congress (APC) has lost the Kogi central senatorial seat to the Peoples Democratic Party (PDP), marking the second loss in Kogi State. The Election Petitions Tribunal in Lokoja nullified the victory of Jibrin Isah of the APC and ordered the Independent National Electoral Commission (INEC) to conduct supplementary elections in the district. The tribunal also upheld the election of Senator Sharafadeen Alli of the APC, dismissing the petition filed by PDP candidate Chief Joseph Tegbe. The tribunal also declared Nkeiruka Onyejeocha winner of the February 25 National Assembly election.

The Supreme Court has corrected a clerical error in its October 14, 2021, judgment, recognizing Chief Edozie Njoku as the Nation Chairman of the All Progressives Grand Alliance (APGA). However, the Independent National Electoral Commission (INEC) continues to deal with Chief Victor Oye as the party's chairman, raising doubts about the neutrality of the umpire in the leadership crisis that has plagued the party since 2019. The court confirmed that the appearance of Oye's name in the judgment was an error and that Chief Edozie Njoku was the proper party to the proceedings. Despite appointing Oye as AGPA Chairman, INEC continued to recognize him despite protests from Njoku-led party executives. Justice Madugu rejected Oye's claim to APGA leadership and declared his claim unlawful. INEC failed to abide by the judgment but chose to appeal.

General Officers Commanding (GOCs) and other top Field Commanders have been appointed by the Nigerian Army. Brig-Gen. Onyema Nwachukwu, Director of Army Public Relations, explained the development's role in efforts to revitalize the army in a statement issued yesterday in Abuja. Moreover, Lt. Gen. Faruk Yahay, the Chief of Army Staff (COAS), tasked the newly appointed senior commanders with upholding the trust placed in them and redoubling their dedication to their new positions.

 

The Academic Staff Union of Universties (ASUU) yesterday declared a "comprehensive total and indefinite strike". It cited the alleged failure of the Fedral Government to address its demands. The indefinate strike took effect from 12.00am yesterday. ASUU took the decision at the end of an emergency National Executive meeting at its secretariat in Abuja. 

SENIOR dons have berated the Fedral Government for refusing to pay members of Academic Staff Union of Universities (ASUU) for the duration of the six month strike. ASUU had insisted on payment of salary as condition to return to work. Prof. A.O Adefulu-Ositelu described the government as "wicked and insensitive" to the education and future of youths. she said if the children of top government functionaries atteneded public universities, government would not allow the strike for one week. Adefulu-Ositelu slammed the ill treatment of lecturers, stressing, "our best products are pushed into global servitude because of the uncommitted attitude and decisions. This is stunting our national progress and success". She called on the government to pay salaries of lecturers and meet ASUU`s demands. "it is embarrassing and disheartening that this kind of statement should be allowed, and still drag on.It shows the insensitivity of government. This is uncalled for..."

Kebbi state governor Atiku Bagudu said he has forgiven all those who have   been  throwing tantrums at  him for  whatever reason.

Bagudu stated this during the launch of the All Progressives Congress (APC) campaign for the party’s chairmanship and councillorship candidate in the fourth coming local government election scheduled for 5th February 2022.

The Minister of Justice, Abubakar Malami (SAN), who cited a Qur’an verse during his remarks, noted that, no matter how long falsehood flies, the truth will overcome it one day. He described Bagudu as a man with good character, stressing that his leadership quality made his colleagues at the Progressive Governor’s Forum to elect him as their chairman.

 

Pastor Tunde Bakare, the presiding pastor of Citadel Global Community Church, has expressed concern about the negative effects of the removal of fuel subsidy on Nigerians' living conditions. He urged President Bola Tinubu to fight corruption and improve life for the masses. Bakare advised the President to avoid scapegoating suspended Central Banl of Nigeria (CBN) Governor Godwin Emefiele. He said that the Tinubu administration acted on impulse, and that money has gone into the wrong hands and they are just lining up the pockets of a few elites. Bakare urged the President to focus on fighting corruption and not punishing Nigerians for it. He also urged the President to engage in diplomacy and not be taken for a ride as citizens. Bakare also criticized President Emefiele for making the wrong judgment calls in managing Nigeria's monetary policy but urged him not to be made a scapegoat. He suggested that if Emefiele is found liable for any crime, he should be prosecuted.

Bandits have attack Ukuru village in Bobi community in Mariga Local Government Area of Niger State; killing an unspecified number of people and burning several houses. The gunmen  invaded the community riding on motorcycles with all of them carring AK-47 rifles. They first attack the Ukuru Market where people were buying and selling and their presence and gunshots made the traders and customers flee the market. Niger State Commissioner for information, Alhaji Mohammed Sani Idris confirmed the attack, saying that the number of people killed in the attack was yet to be specified. He also said several houses and vehicles were burnt by the bandits. He, however, reiterated the government's determination put an end to the activitiies of bandits in the state.

Gunmen on Tuesday morning and night struck in three communities in Nigere and Plateau States, killing 51 residents before fleeing unchallenged. Bodies of 34 persons killed in Niger's Nakuna and Wurukuchi communities were found in bushes and farms. the attacks in Niger and Plateau were cofirmed by Police Commissioner Monday Kuryas and Operation Safe Haven commander Maj. -Gen. I.S.Ali. They did not dispute the figures. The gunmen were said to have captured and killed three tof the hunters in one of the two communtities. They noted thtat in the last few years, a lot was veing done to address tje securityu challenges in the country but pointed out that jmore resources and community mobilization were still needed to flush out terrorists and bandits. The governors were led by Abubakar Bagudu of Kebbi State.

A group of school children have been abducted by bandits at Government Science Secondary School in Kankara, Katsina State, just hours after President Muhammadu Buhari arrived for a private visit. The assailants terrorized the community before abducting the students, while those who managed to escape fled into nearby bushes. Parents are now searching for their children's whereabouts. The abductions have been followed by others in Kano, Lagos, and other states. Nigeria faces security challenges, exacerbated by the emergence of Boko Haram insurgents in Borno state a decade ago. Boko Haram, now joined by the Islamic State in West Africa Province (ISWAP), has killed thousands, displaced millions, orphaned many children, and destroyed infrastructures and livelihoods in Borno, Yobe, and Adamawa.

Niger state Governor Abubakar Sani Bello had a request  for All progrossives congress (APC) presidential aspirant Asiwaju Bola Tinubu, the former Lagos helmsman shouid replicate his achievements between 1999 to 2007 when he held the fort if he gets the APC tickets ad become the president in Abuja next year. Bello announced his support for Asiwaju Bola Tinubu. However, Tinubu said he was in the state to commiserate with the people and government of Niger State over the rising insecurity that claimed many lives and properties. he annouced the donation of N50 million to internally Displaced persons(IDPS) in the state, Bello said we don't fight conventional warfare, let's use technology even though it is expensive, the situation can be address. The governor lamented how the security situation, despite the effort his governments and intervention of security agencies, had impeded the state from making the desire progress. Tinubu meetings with Gen Babaginda lasted for about one hours, Bello joined his train from the state house to visit the formal military leaders. Stating that his visit to Niger state would not be complete without paying homage to Gen. Babaginda, Tinubu said:"Generally, I came to commiserate with the governor and the people of Niger state.

Following Ortom's letter to the House asking for its approval, the nominees were screened and confirmed. The candidates are Mr. Teryima Nguher, Mrs. Jane Aja, Mr. Kester Kyenge, Mr. Jude Uungwa, Mr. Williams Agbatar, Mr. Michael Umoru, Mr. Benjamin Agber, and Mr. Kester Kyeng. The nominees showed expertise and past experience in governance, according to the Speaker, Mr. Titus Uba, to carry out their duties. He exhorted them to put in more effort to earn their new positions.

The Nigeria Correctional Service (NCS) is responsible for reintegrating pardoned or freed offenders into the society for a better life and living. Despite the rebranding of the Nigeria Prison Service, the system of operation of NCS still remains the same, with overcrowded prison facilities, underfeeding, and large number of inmates awaiting trials. The Ministry of Interior must ensure that correctional facilities and institutions nationwide are well-equipped with security apparatus and put in place programs that will positively alter and correctively reconfigure the attitude of those handling convicts in their custody. Ex-convicts should not be abandoned and condemned to loneliness and death after they leave the correctional centre, as it may damage their mentality, psyche and self-esteem. The government and other concerned authorities must provide an enabling environment for ex-convicts to live well and responsibly.

The Nigeria Correctional Service (NCS) is responsible for reintegrating pardoned or freed offenders into the society for a better life and living. Despite the rebranding of the Nigeria Prison Service, the system of operation of NCS still remains the same, with overcrowded prison facilities, underfeeding, and large number of inmates awaiting trials. The Ministry of Interior must ensure that correctional facilities and institutions nationwide are well-equipped with security apparatus and put in place programs that will positively alter and correctively reconfigure the attitude of those handling convicts in their custody. Ex-convicts should not be abandoned and condemned to loneliness and death after they leave the correctional centre, as it may damage their mentality, psyche and self-esteem. The government and other concerned authorities must provide an enabling environment for ex-convicts to live well and responsibly.

Bolt has secured a 628 million euro investment round to expand its operations and accelerate the transition from owned cars to shared mobility in cities. The round was led by Sequoia Capital and Fidelity Management and Research Company LLC, with participation from Whale Rock, Owl Rock, D1, G Squared, Tekne, Ghisallo, and others.

BUA Foods Plc plans to leverage opportunities provided by its listing on the Nigerian Exchange (NGX) to grow a viable food production and exporting business that would improve national food sufficiency and help in generating much-needed foreign exchange. Chairman Abdul Samad Rabiu said with the listing of the food business on the NGX, there is high hope for Nigeria in terms of building capacity for food sufficiency. He noted that the population of Nigeria is over 200 million and the national food production capacity is still not enough to meet current demands. The Nigerian Exchange (NGX) Chief Executive Officer, Mr. Temi Popoola, commended BUA Foods for taking the bold step to join its subsidiary company, BUA Cement, as a publicly-listed company on the Exchange. The listing of BUA Foods' shares has added N720 billion to the market capitalisation of NGX, further boosting liquidity in the Nigerian capital market and providing opportunities for wealth creation. Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period.

 

Nigeria is committed to the entrenchment of democracy and good governance in the West African sub-region, President Muhammadu Buhari was quoted as saying yesterday. He attended the second term inauguration of The Gambia President, Adamawa Barrow, in Banjul. The presence of President Buhari at Barrow's inauguration, besides marking out the affinity between Nigeria and The Gambia, also indicated the value that Nigeria places on the need to strengthen democratic governance, the rule of law and promotion of fundamental human rights in the sub-region. ECOWAS intervened to restore democracy to The Gambia five years ago, with the strong backing of the AU and UN. Volunteers from Nigeria's Technical Aid Corps (TAC) scheme will soon be made available to assist The Gambia to play active parts in vital sectors.

President Muhammadu Buhari has approved the appointment of Ayodeji Ariyo Gbeleyi as the Chairman of the Board of Directors of the Federal Mortgage Bank of Nigeria (FMBN). Gbeleyi replaced Chief Adewale Adesoji Adeeyo who passed on recently. He is a well-known financial expert who was once a Commissioner for Finance in Lagos State and a player in the aviation sector. Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period.

President Muhammadu Buhari has extended his vacation, which is "open-ended" as his return can be anytime. The President, who was expected to return from his vacation and routine medical examinations in the UK after 10 days, left the country on January 19. A statement by the Special Adviser to the President, Mr. Femi Adesina, stated that Buhari had written to the National Assembly informing them of his desire to extend his leave to complete and receive the results of a series of tests recommended by his doctors. The notice has been dispatched to the Senate President and Speaker of the House of Representatives. The President is not in the hospital but is at the residence of the Nigerian High Commission in London. The leave extension letter has been received by Senate President Bukola Saraki's office. The president's wife, Mrs. Aisha Buhari, has left Nigeria for Saudi Arabia to perform the Lesser Hajj and pray.

Buhari warns police officers not to misuse vehicles and equipment. President Muhammad Buhari inaugurated and handed over 200 Buffalo branded operational vehicles, bulletproof vests, protective helmets, medical and other security equipment worth over N8.7 billion to the Nigerian Police Force purchased by the Nigerian Police Trust Fund (NPTF). He praised the Board of Trustee (BoT), management and workers of the NPTF for meticulously and meritoriously completing the execution of the projects. The NPTF was set up to provide finance, logistics, and other critical intervention to the police, and President Buhari assured Nigerians that his administration was poised to provide all necessities to the NPTF to enable it to meet its mandate and attain the expectations of the police force and Nigerians. He also expressed appreciation for the Federal Government’s determination to pursue one of the three cardinal objectives of protecting life and property.

The newly incorporated Nigerian National Petroleum Company (NNPC) Limited's board has been instructed by President Muhammadu to prioritise profitability and perform on par with other companies in the same sector around the world.To be cognizant of Nigeria's commitment to the global net-zero ambitions and to ensure complete alignment with the reality of the global energy transition, he nevertheless cautioned the Board members. said he. The Nigerian National Petroleum Company Limited is required to put more of an emphasis on profitability and ongoing value generation than just complying with laws and regulations.

President Muhammadu Buhari has endorsed the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF) a private sector investments window with Nigerians in the Diaspora to support direct investments in the country. President Buhari also pledged support for the establishment of the Diaspora Intervention Fund to support the commission for fulfill its mandate. The President Buhari added: “As we launch the compendium of excellent Nigerians today, we are also celebrating some of our best, nationally and globally. The compendium is birthed out of the necessity to recognize, celebrate and showcase Nigerian in the Diaspora who are doing great things in their host countries and also contributing to the socio-economic development of Nigeria.

President Muhammadu Buhari yesterday rejected the call for the institutionalisation of state police, saying states do not have what it takes to finance devolution of powers.

Speaking on channels Television. president Buhari also citied the rather strained relationship between governors and the local government areas as reason.

It would be recalled that president Buhari had previously expressed his reservations about the idea of state police.

He said: The role of traditional rulers must not be undermined because in their areas they know who is who, even by families, not to even talk of individuals.

So, we have to revert to that system for us to have effective securiy in the localities" he said.

President Muhammadu Buhari assented to a bill to establish the Adeyemi Federal University of Education, Ondo State, which repeals the law establishing Adeyemi Federal College of Education and upgrades it to the status of a university. He also assented to a bill to establish the Chartered Institute of Treasury Management, the first of its kind to pass through the entire stages of legislation. The Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period. This was passed by the House on November 20, 2019 and passed by the Senate on November 17, 2021. Medical consultants revealed how men can naturally and permanently cure poor and quick erection, small and shameful manhood, and infertility issues without side effects.

President Muhammadu Buhari, Governors Abdullahi Gaduje (kano),Kayode Fayemi (Ekiti), Mai Mala Buni (yobe) and Yahaya Bello (kogi)have mourned former Presidential candidate of defunct National Repulican Covention (NRC).Tofa died yesterday at the Aminu Kano Teching Hospital after a Protracted illness and was buried according to Islamic rites in Kano. he was 74. The statement said President Buhari leads the nation in mourning Bashir Tofa, a politician of note, who once run as presidential candidate in a two-horse race, who was also a promoter of Islamic culture and civilisation. In his condolence message Buni, who is the chairman of the ruling All Progressives Congress (APC) caretaker/Extraordinary Convention Planning committee (CECPC), described the late Tofa as and iconic politician who shared the valued of politics as a call to services, to promote good governance and to improve the lives of the electorate.He was as much victim of military meddlesomeness in politics as Abi-ola was ACF said.

The head of the caretaker committee for the All Progressives Congress (APC). Governor Mai Mala Buni of Yobe State has issued a warning against undermining the party's efforts at reconciliation in Gombe State. The party leader emphasized that it did not represent the ApC's views. Supporters of Governor Inuwa and Senator Goje were exhorted by the caretaker chairman to stand up for harmony, peace, and fraternity among the parties involved.

Following an interview that was deemed "insulting" to the new military commanders in Niger, the junta-led government of Burkina Faso has suspended Radio Omega. After the announcement was released, the station, which was a part of the Omega media empire controlled by journalist and former foreign minister Alpha Barry, stopped airing programmes. According to Radio Omega, the judgement is "a blatant violation of current laws and an intolerable attack on freedom of expression and freedom of the press."

Public companies operating in Nigeria now have to choose one of two options in filing their annual financial statements as the Securities and Exchange Commission (SEC) began full implementation of the dual filing options for corporate earnings. Public companies now have the option of filing the unaudited fourth quarter financial statement within 30 days after the end of the quarter and filing the annual audited financial statements within 90 days after the year-end. Failure to abide by an adopted filing regime will be deemed a violation of Section 60 of the Investments and Securities Act, 2007. Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects. Osinbajo heads to Nairobi for Mo Ibrahim Governance Forum, Court stops Akeredolu from installing monarch in Alade Idanre, Angry Buhari orders Akpabio, Amaechi, Sylva, others to resign, Activists greet governor-elect Francis Nwifuru, Dane sentenced to death for killing Nigerian wife, child, and Actress found dead in hotel room..

The Nigeria Centre for Disease Control (NCDC) has reported a significant decrease in confirmed COVID-19 cases in the last three weeks, with the total number of confirmed cases in Nigeria decreasing by 52.6% and the number of deaths decreasing by 26.9%. However, hospitalisation increased by 21.5%. The data from the National Primary Health Care Development Agency (NPHCDA) showed that 13,769,415 of the total eligible persons were reached with the first dose and 5,199,824 with the second dose. The NCDC has also made repeat tests compulsory for returnees to the country during the first and subsequent waves of the pandemic.

Nigerian President Bola Ahmed Tinubu has ordered the Central Bank of Nigeria (CBN) to implement additional financial sanctions against the Niger Republic's military junta and their associates. The CBN is implementing these sanctions under the authority of the ECOWAS bloc. Nigeria has already cut off electricity transmission to its northern neighbors to pressurize the military to reinstate ousted President Mohamed Bazoum. The President's spokesman maintains that the ultimatum given to the military Junta in the Niger Republic is not a Nigerian mandate and that the ECOWAS response to the military coup in Niger has been and will remain devoid of ethnic and religious sentiments and considerations. The Niger coup leaders vowed to resist external pressure to reinstate ousted President Mohamed Bazoum after ECOWAS imposed sanctions and Western allies suspended aid. The junta informed ECOWAS that it cannot host a delegation from the West African regional bloc. The Acting Inspector-General of Police (IGP) Olukayode Egbetokun directed Assistants Inspector General (AIGs) of Police and Commissioners of Police to be alert to avert internal security crisis following the Niger coup saga. The Arewa Consultative Forum (ACF) called on President Tinubu and ECOWAS to lift sanctions against the Niger Republic and adopt more dialogue with the military junta to prevent a further breakdown of talks.

The Central Bank Of Nigeria (CBN) Monetary policy Committee (MPC) will begin its two day policy meeting on the 24th January  2022, with all indications pointing at the retention of the existing monetary policy stance. The apex bank will assess developments on the economic front and announce its monetary policy. Most analysts were of the view that the CBN's MPC will maintain the status quo again this week given the earlier anticipated decliing inflation.The CBN had maintained the status quo 25 times in the last 28 meetings.

Financial experts warn that the Central Bank of Nigeria's large foreign-currency liabilities to external creditors may worsen foreign exchange volatility and naira depreciation. The country's risk profile may discourage foreign investments, as the CBN's dollar-denominated borrowings undermine foreign reserves and worsen the national debt position. Nigeria's total public debt rose to N49.95 trillion in the first quarter, and the CBN borrowed $7.5 billion from JP Morgan and Goldman Sachs to stabilize the economy. The CBN's liabilities impact sovereign risk assessments, as the net foreign reserves are less than the $33 billion widely publicized figure. The CBN's government borrowing is high at 75% of total loans and advances, and investors must verify ownership of foreign credit securities.

Bishop William Avenya of Gboko Diocese in Benue State has urged Tiv people to discard the culture of burying the dead in their compounds in order to curb terminal illnesses such as cancer, tuberculosis and HIV/AIDS. He advised them to reserve family lands in all their settlements for use as cemeteries, away from their sources of water.

Ex-militant leaders in the Niger Delta are set to manage the first automobile assembly plant in the region, as part of the Federal Government's efforts to industrialise the region. The plan was revealed by the Special Adviser to the President on Niger Delta and Coordinator, Presidential Amnesty Programme (PAP), Gen. Paul Boroh. The project would absorb all 100 ex-militants recently trained by Innoson Motors in automobile repairs and manufacturing. Gen. Boroh emphasized the importance of creating job opportunities for youths in the Niger Delta and promoting an agricultural drive as a core aspect of diversification. Bayelsa State Governor Seriake Dickson welcomed the development and instructed the Commissioner of Trade and Investment to allocate the required land for the project. Gen. Boroh believes that a peaceful environment will bring development to the Niger Delta and encourages investors to explore opportunities for job creation.

The National Assembly's proposal to make strikes in the health sector illegal has been condemned by the Nigeria Labour Congress (NLC), Joint Health Sector Union (JOHESU), Assembly Healthcare Professionals (AHPA), and Nigeria Association of Resident Doctors. The proposal, which has already passed the first reading in the House of Representatives, was dubbed draconian. The proposed law, An Act to amend the Trade Disputes Act, Cap. T8, Laws of the Federation of Nigeria, 2004, would prevent medical professionals employed by federal, state, and local governments from going on strike and would expedite the administrative and judicial processes for resolving trade disputes involving them and related issues.

The All Progressives Congress (APC) governors have resolved to seek President Muhammadu Buhari's intervention in the resolution of conflicts arising from preparations for the party's national convention. Six options are being considered: holding the convention in February, fixing a new date in March or April, allowing all congresses, reconciliation, court case resolved before the convention, conducting primaries for the 2023 poll, holding presidential primaries, and adopting consensus approach.

Nigerian Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on Nigerian workers to report corruption and looting in Ministries, Departments, and Agencies (MDAs). Magu emphasized that workers are the greatest victims of the nation's wealth mismanagement and called for them to join the fight against corruption. He emphasized that workers are the unsung heroes of the country and that their fortunes have taken a dip during the economic recession. Magu urged Nigerian workers to take more active roles in the fight against corruption, as most corrupt activities are not without workers' knowledge. He emphasized that this would help instill discipline in the use of public resources and guarantee a better future for Nigerians and their children.

Nigerian Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on Nigerian workers to report corruption and looting in Ministries, Departments, and Agencies (MDAs). Magu emphasized that workers are the greatest victims of the nation's wealth mismanagement and called for them to join the fight against corruption. He emphasized that workers are the unsung heroes of the country and that their fortunes have taken a dip during the economic recession. Magu urged Nigerian workers to take more active roles in the fight against corruption, as most corrupt activities are not without workers' knowledge. He emphasized that this would help instill discipline in the use of public resources and guarantee a better future for Nigerians and their children.

Nigerian Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on Nigerian workers to report corruption and looting in Ministries, Departments, and Agencies (MDAs). Magu emphasized that workers are the greatest victims of the nation's wealth mismanagement and called for them to join the fight against corruption. He emphasized that workers are the unsung heroes of the country and that their fortunes have taken a dip during the economic recession. Magu urged Nigerian workers to take more active roles in the fight against corruption, as most corrupt activities are not without workers' knowledge. He emphasized that this would help instill discipline in the use of public resources and guarantee a better future for Nigerians and their children.

Nigerian Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on Nigerian workers to report corruption and looting in Ministries, Departments, and Agencies (MDAs). Magu emphasized that workers are the greatest victims of the nation's wealth mismanagement and called for them to join the fight against corruption. He emphasized that workers are the unsung heroes of the country and that their fortunes have taken a dip during the economic recession. Magu urged Nigerian workers to take more active roles in the fight against corruption, as most corrupt activities are not without workers' knowledge. He emphasized that this would help instill discipline in the use of public resources and guarantee a better future for Nigerians and their children.

Nigerian Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on Nigerian workers to report corruption and looting in Ministries, Departments, and Agencies (MDAs). Magu emphasized that workers are the greatest victims of the nation's wealth mismanagement and called for them to join the fight against corruption. He emphasized that workers are the unsung heroes of the country and that their fortunes have taken a dip during the economic recession. Magu urged Nigerian workers to take more active roles in the fight against corruption, as most corrupt activities are not without workers' knowledge. He emphasized that this would help instill discipline in the use of public resources and guarantee a better future for Nigerians and their children.

President Bola Tinubu's administration faces significant challenges, including a high debt stock of over N77 trillion, a debt to GDP ratio of over 23%, an interest rate of over 20%, and a projected economic growth rate of 2.9% next year. Nigeria spends 96% of its revenue servicing debt, with the debt-to-revenue ratio rising from 83.2 percent in 2021 to 96.3 percent by 2022. The 2023 budget only allocates 30% of total expenditure on critical capital projects, and the non-debt recurrent expenditure (NDRE) is over N8 trillion, which accounts for over 60% of the budget. To make meaningful progress, urgent institutional reforms must be undertaken, which were not done by previous administrations. President Tinubu's decision to remove fuel subsidies on his inauguration has become a catalyst for resetting the government and resting the economy. However, Nigerians expect topline politicians and government functionaries to lead by example, making sacrifices and bearing the brunt of the challenges. This will engender trust and confidence in Nigerians and earn their support during this critical period of nation building. Staying politically conscious is no longer acceptable, as Nigerians are more politically conscious than ever before. Sustainable progress requires sacrifices from top leaders, including the Executive, Legislature, and State Governments.

Chief Magistraate sitting in Tinubu Magistrate  court, Lagos, Adedamola Paul , has oredered Consolidated Discount Limited to take over the African Continental Bank (ACB) builiding  with its appurtenances on 106/108 Board street, Lagos Island. The Chief Magistrate said he is strongly convinced that the claimant's attorney has adducted cogent, convicing and sufficient evidence to hold that the property in its aforesaid deplorable state is indeed in dire need of outright substandtial, compelable repairs and I believed it is justifiable to so declare in the prevailing circumstance. In furtherance therefore  I am convinced that this is one of such rare crucial circumstance where this court can firmly stand proactively and justifiably invoke the provisions of Section 45(1) (a) of the 1999 constitution in the overwhelming interest of public safety.

High Court of the Federal Capital Territory yesterday struck out an application by the State Security Service to secure an order to detain the suspended Central Bank of Nigeria Governor Godwin Emefiele for a further 14 days. The application, marked FCT/ 2023 and heard by Justice Hamza Muazu, was filed on Wednesday by lawyers from the agency and came up before the vacation judge yesterday. Justice Muazu struck it out for being an abuse of the court process and for want in jurisdiction. When the judge questioned counsel to the SSS, Victor Ejelonu, on the court’s jurisdiction given the provisions of Sections 293 and 296 of the Administration of Criminal Justice Act which vests exclusive rights on the Magistrates’ Court to grant detention orders, the counsel withdrew the prayer. 

Emefiele was on Tuesday granted bail for N20 million with one surety in like sum by the Federal High Court in Lagos State where he is facing two counts of illegal possession of firearms and ammunition.

Dangote's Petrochemicals, Fertiliser Plant will accelerate Africa's economic growth, says AfDB. President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa.

Nigeria’s D’Tigress are still the best rated African women’s team in the world and remain the team to beat as the 2023 FIBA Afrobasket Championship gets underway in Kigali, Rwanda. But with the several changes that have occurred in terms of personnel and coaching staff, can the once celebrated team hold its own against the rest of Africa as hostilities begin today through August 5. The D’Tigress’ last defeat in the Women’s AfroBasket dated back to October 2, 2015, in the semi-final of the Women’s AfroBasket against host Cameroon in Yaoundé. 

With the victory against Mali in the 2021 Final, Nigeria extended their Women’s AfroBasket winning streak to 19-0 after winning all their five games in the last edition of the tournament.

Though Senegal hold a record eleven titles in total against Nigeria’s five, D’Tigress will be attempting to equal the four straight wins of Senegal in Rwanda.

Nigerian media has played a crucial role in promoting democracy since 1999, advocating for good governance, human rights, and democratic values. The media's advocacy role is even mentioned in the titles of Nigerian newspapers like Vanguard, Guardian, Punch, and Tribune. The role has been recognized in Section 22 of the constitution. The media's opposition to military dictatorship in the 1990s was another heroic moment. The advocacy role led to the resignation of Hon. Salisu Buhari as Speaker of the House of Representatives in 1999 over allegations of age falsification, the easing out of office of Ms Stella Oduah in 2014 for corruption-related charges, and the current ordeal of the Secretary to the Government of the Federation, David Babachir Lawal, over allegations of grass-cutting contract scandal. However, the advocacy and reform-oriented role of the media came at a significant cost to practitioners and their organizations. Journalists continue to suffer intimidation from state officials, including arrests, prosecutions, and persecution of critical journalists. Additionally, Nigerian journalists work under poor working conditions, with low salaries and irregular working conditions.

Three suspected pirates detained on a Danish military vessel have been released after the government decided not to bring them to Denmark to face preliminary charges of attempted murder. The Gulf of Guinea is one of the world's most dangerous waterways.

Our attention has been drawn to newspaper publications and jingles in the public domain announcing that the National Library of Nigeria is organising a prize for children's literature, the announcement further states that each entry for the prize should be accompanied by an entry fee of N20,000. The general public is hereby informed that the contents of the said publication are false and misleading. For the avoidance of doubt, we want the public to know that The National Library of Nigeria is not organising any prize competition or any activity for that matter, that requires participants to pay any fee for their entries and neither are we collaborating with any organisation(s) or individual(s) for such purpose, for now. We therefore dissociate the National Library from any of such prize competition or activity and warn the general public that anyone who is participating in such competition(s) does so at their own risk.

The Board of Directors of vintage Press Limited,publisher of the nation,sportinglife and Gbelegbo, yesterday urged the company's employees to remain committed to its growth. Mr Adeleke urged the reporters to win more awards for the organisation. He added that the management remained committed to their welfare. Edun eulogised the workers for their  support and dedication. Edun said: "we are here toady to celebrate the awards winners- CITN, NMMA, DAME for our performance. on behalf of the board, Edun presented letters to the winners, including adeleke, who won the chartered institute of taxation of Nigeria (CITN) award. Others winners' are: Adesina; Deputy Editor Emmanuel Oladesu, Associate Editor Duru, Assitant Editor Bola Olajuwon, Senior Correspondent Kevin Osa Okunbor, Chief correspondent kunle Akinrinade and Assitant Editor Chikodi Okereocha.

Chief Sebastine Hon, Senior Advocate of Nigeria and Pro-chancellor of Benue State University, was presented with an Award of Excellence in the Legal Practice and Services to Humanity by a non-governmental organisation. Hon also instituted an annual unity football cup competition to ensure peace and unity among the people. An Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period.

Nigerians had a glimpse of the economic outlook yesterday. 

Vice President Kashim Shettima and Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun said Nigerians should expect significant improvements in the overall economic performance.

The assurances came as the National Bureau of Statistics (NBS) indicated that the unemployment rate reduced from 5.3 per cent in the fourth quarter of 2022 to 4.1 per cent in the first quarter of 2023.  

Edun said ongoing government initiatives would put an end to hyperinflation and a decade-long decline in Gross Domestic Product (GDP) per capita. 

He spoke at the retreat fro the Presidential Committee on Fiscal Policy and Tax Reforms in Abuja. 

A week morning has been set aside by the All Progressives Congress (APC) in Enugu State in memory of its members who died last week while attending a meeting. Last Tuesday, gunmen broke into the APC meeting in Enugu South Local Government at the Ward 3 party headquarters in Obeagu Awkunanaw, killing two members, former Enugu Douth Local Government APC chairman Kelvin Nnaemeka Ezeoha and Chidera Ogaba. Agballah claimed that the APC was an opposition party working to create a different option for the populace, and that it was also the only party in the nation capable of realizing Ndi-dream Igbo's of becoming president.

In the last seven trading sessions, investors in Nigerian equities have made more than N981 billion in net capital gains, boosting the country's stock markets. The benchmark indices for the Nigerian stock market yesterday rose to a year-to-date return of 4.4 percent on the strength of increased demand across a number of market sectors, which translates to net capital gains of N981.1 billion over the course of the seven trading sessions. The market is reflecting its function as the barometer for the economy, according to Mr. Olatunde Amolegbe, head of the Chartered Institute of Stockbrokers (CIS). Acceptability will trigger a bullish advance all year long; otherwise, the market can experience a reversal, according to Kurfi.

Prof. Chu S.P. Okongwu, a Harvard trained economist and former Minister of Finance, has died. President Buhari believes his perspective on governance and economics, which focused on improving the lives of Nigerian, will not be forgotten.

Otunba (Dr.) Christopher Adebayo Alao-Akala, a former governor of Oyo State, died in his Ogbomoso, Oyo State home on Wednesday, January 12, 2022. He was 71. His son, Olamijuwonlo, announced his death in a statement. Eminent Nigerians paid tributes to the departed former governor, including Delta State Governor Ifeanyi Okowa, who described him as a patriot and a political icon. His contributions to the socio-political and economic development of Nigeria and humanity remain indelible. Mrs. Florence Ajimobi and Kolapo Kola-Daisi expressed shock over the unexpected death of Otunba Adebayo Alao-Akala, a patriotic, hardworking, leader in the APC fold in Oyo State and Nigeria. The meeting of the Ajimobi Legacy Forum was abruptly terminated due to the death of the former governor, who was Oyo State Chairman of the APC Reconciliation Committee. His wise counsel would be greatly missed. Senator Musiliu Obanikoro, a former Minister of State for Defense and chieftain of the ruling All Progressive Congress (APC), has condoled with the Alao-Akala family. Prince Kunle Oyewumi, a member of the National Governing Board of the National Youth Service Corps (NYSC), described the demise of the former governor as a huge loss to Oyo State and Nigeria. 

A former Nigerian Electricity Regulatory Commission (NERC) Chairman, Dr. Sam Amadi on the  23rd of january 2022 cautioned against the managment of electricity distribution companied (DisCos) by the Asset Management company of Nigeria (AMCON). Speaking with the Nation on the telephone, he insisted that the primary motive of the banks is to recovered its loans to the DisCos. AMCON at the weekend took over Ibadan Electricity Distribution Company (IEBDC) for the latter's failiure to repay its loan. IEBDC  don't have the financial capabilities to engineer quick turnover around  their operations to generate funds  for payment.

The pan-Yoruba Socio-cultural group, Afenifere and political support organisations expressed joy over Asiwaju Bola Tinubu's decision to run for President in 2023. Senator Magnus Abe called on Nigerians to listen to Tinubu, and SABAT and the South West Agenda 23 (SWAGA23) welcomed the decision. This has placed the Southwest in a pivotal position to produce the successor to President Buhari.

The Isadare Olakotan Family in Idedo Community in Ogun State will hold a parley with landlords on Saturday, January 15, to discuss issues concerning court judgment in suit No HCT/119/03, CA/322/2011 and MT/89/18. The meeting will take place at Kado Hotel, near Baale Palace.

The Isadare Olakotan Family in Idedo Community in Ogun State will hold a parley with landlords on Saturday, January 15, to discuss issues concerning court judgment in suit No HCT/119/03, CA/322/2011 and MT/89/18. The meeting will take place at Kado Hotel, near Baale Palace.

The head of the caretaker committee for the All Progressives Congress (APC). Governor Mai Mala Buni of Yobe State has issued a warning against undermining the party's efforts at reconciliation in Gombe State. The party leader emphasized that it did not represent the ApC's views. Supporters of Governor Inuwa and Senator Goje were exhorted by the caretaker chairman to stand up for harmony, peace, and fraternity among the parties involved.

The Fed Govt and the academic staff union yesterday shed more light on why the six strike ended in a deadlock. Why the govt claim that ASSU's insisted on the payment of backlog of its members salaries was prolonging the strike, the union blame the deadlock on the provocative indifference of the government. However, the minister advice ASSU to see the no-work, no-salary stance of the government as its members' compensation to students for the period they have stayed at home.

The federal government borrowed N563.4 billion from the domestic capital market at its latest bond auction, increasing its allotment to N563.359 billion. The DMO had offered four tenors of bonds, including the 10-year, 13.9800 per cent February 2028 bond with a previous stop rate of 13.99 per cent, the 15-year, 12.500 per cent April 2032 bond with a previous stop rate of 14.90 per cent, the 20-year, 16.2499 per cent April 2037 bond with a previous stop rate of 15.90 per cent, and the 30-year, 14.8000 per cent April 2049 bond with a previous stop rate of 16 per cent. The average stop yield closed at 15.31 per cent. At the recent auction of Nigerian Treasury Bills (NTBs), investors had staked N906.21 billion, providing headroom for the government to increase its initial offer by 44.5 per cent. The Central Bank of Nigeria (CBN) had offered N224.50 billion across three tenors of 91-day, 182-day and 364-day NTBs, but total subscriptions by investors peaked at N906.21 billion.

The Federal Government in Nigeria plans to spend N400 million on vehicles for former presidents and heads of state if the 2017 estimated spending by the Secretary to the Government of the Federation (SGF) is approved. The funds for these allowances were not openly budgeted for in the proposal. The SGF, Babachir David Lawal, defended the planned expenditure before the Senate Committee on Federal Character. The committee agreed that the 10% release by the Ministry of Finance for the office of Secretary to the Government of the Federation in 2016 was insufficient, which may indicate a problem between the Budget Office and the Ministry of Finance. The committee will investigate the poor release to the OSGF and seek to understand the issue. The request for more funding by the OSGF is considered "justified" by committee chairman, Senator Tijjani Kaura.

The Federal Government of Nigeria is set to establish over 24 skills and innovation centres across the country through the Tertiary Education Trust Fund (TETFund). The Innov8 Hub, a focal point for innovation start-up incubation, technology transfer, knowledge and skills impartation, prototype development and fabrication, is being partnered with by TETFund for practical training and mentorship for Nigerian youths and academics. The aim is to provide equal opportunities to all Nigerian children, regardless of their location. The Minister of Education, Prof. Tahir Mamman, praised TETFund and the Innov8 Hub for providing learners and researchers from colleges of education, polytechnics, and universities with the platform to undertake practical impactful research. He promised to bridge the gap between researchers and industries and bring in big entrepreneurs and relevant ministry positions to see the potential of the centres. The government will also train students and give them skills to generate a lot of young Nigerians from internally displaced persons' camps and elsewhere.

The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) have reached agreements to alleviate petrol subsidy pain, halting their planned strike. The agreement includes providing 55,000 CNG conversion kits for an auto gas conversion programme, pending completion of state-of-the-art stations. The government plans to roll out the program next month with pilots across 10 campuses. If not implemented, the strike issue will be revisited, impacting all Nigerians.

The Federal Goverment is set to gazette the court order classifying bandits as terrorists. Justice Taiwao of the Federal High court in Abuja has become a critical factor in the deployment of super tucano aircrat fight against terrorists, kidnappers and bandits. The Attorney General and Minister of Justice, Abubakar Malami, said President Muhammadu Buhari would be guided by public intrest while considering the request to release the detained leader of the proscribed Indigenous of Biafra (IPOB), Nnamdi Kanu..

World Football governing body, FIFA celebrated with rave of the moment and Super Eagles forward Victor Osimhen in Napoli's last league game of the season at home against Sampdoria at the weekend. Napoli's last match graced by the Nigeria Football Federation president Ibrahim Gusau, Osimhen received a personalised shirt and ball from a reprensentative of the world governing body FIFA. The Nigerian delighted his guests with a goal in his 26th serie a goal of the season in their 2-0 win over Sampdoria. although winning the league for the first time since 1989/90 season, he also surpass other strikers to the highest goalscorer's award to become the first African to do so.

Fire destroys two stores and four shops at Oja-Tuntun market in Ilorin, Kwara State, caused by careless burning of refuse. Firemen were able to extinguish the fire and save other shops.

First bank has recorded N147billion profit before tax in its results for the full year ended December 31, 2022. The performance represents 12.4 percent increase compared with N130.9 billion the bank achieved during same perid of 2021. The bank's profit after tax of N129.4 billion, represents 9.8% rise compared with N117.8billion and total assets of N10.1trillion, up 18.1% as against N8.5 trillion while customers' loans and advances of 3.7 trillion, up 30.5 percent as against N2.8 trillion while customers' deposits rose by 22.4% to 6.9 trillion, against N5.6 trillion the previous year. Also first bank first quarter 2023 results showed profit before tax N53.5billion, up 57 percent, compared to N34.1billion recorded in march 2022. Gross earnings stood at N245.7billion, up 44.2 per centers against N170.4billion and profit after tax of N48.0billion, up 54.8 percent from N31.0 billion recorded in March 2022   

Senator Oluremi Tinubu has inaugurated the Renewed Hope Initiative (RHI) Women Agricultural Support Group program for the Southeast to boost food production. The initiative is in fulfillment of the Bola Tinubu administration's commitment to promote women farmers across Nigeria. The RHI is committed to supporting women farmers with the broader national agenda to strengthen the agricultural sector. The First Lady announced that N10 million would be given to beneficiaries in each of the five states in the Southeast through the RHI state coordinators.The National Agricultural Land Development Authority (NALDA), in partnership with RHI, will support an extra 80 women farmers together with 20 women farmers per state, making a total of 100 women per state, to get financial support. The beneficiaries in Imo State will start their training programme this week while other beneficiaries within the region will begin their capacity training as scheduled by NALDA.The financial support to the 20 women farmers in each state from the RHI is to enhance and encourage productivity, while the training by NALDA for all 100 women farmers per state is to reduce crop waste and promote more efficient production and farming techniques. The RHI Social Investment Programme will empower 100 persons with disabilities in Imo State to become small business owners, receiving N100,000 each to recapitalize their existing businesses.

On May 29, the heavens opened and touched Abuja earth, marking the beginning of a new era and a new president. The rain and calm weather set the stage for a new era, with the end of prophesies and the beginning of a week of audacity. President Bola Tinubu's speech called for unity and the belief that without working together, we could not tackle the problems bedeviling us. Labour upstarts in Nigeria are fueling the fire, with marketers hiking fuel pump prices and profiting from scarcity. NLC president Joe Ajaero's hypocrisy and lack of cooperative unity are evident. He should learn from the history of labour and its interactions with politics, as movements do not follow political parties.

Chief Ernest Shonekan was a technocrat and boardroom guru who died aged 85. He had the character, competence, capacity and technical background to lead Nigeria, and tried to advance peace, stability and development.

Recent fiscal and monetary changes have rekindled hope for a brighter economic climate in Nigeria, with foreign portfolio investors retaining more funds in the market. Total foreign transactions rose by 70.1 per cent in the second quarter of 2023, driven by a 197.5 per cent increase in inflows. The Nigerian Stock Exchange (NGX) reported that the positive market performance came "amid the bounce of a new administration and raft of changes in government policies." Retail domestic transactions increased by 40.70 per cent from N88.50 billion in May to N124.52 billion in June 2023, showing that more individual Nigerians were optimistic about the economy despite the immediate challenges that greeted major policy changes. The institutional composition of the domestic market increased by 19.9% from N197.26 billion in May 2023 to N236.49 billion in June 2023. Market analysts unanimously agreed that the stock market performance has been in response to President Bola Tinubu's policy direction, with a consensus that the direction would significantly uplift the economy and drive foreign and domestic investments in Nigerian assets.The total foreign transactions in the first four months of 2023 stood at N62.18 billion, owing to soaring inflation, prolonged foreign exchange scarcity, and uncertainties building up to the 2023 elections. The Nigerian stock market launched into a major rally on the first trading day after Tinubu's inaugural address, with net capital gains totaling N1.51 trillion, its highest gain in a day in two and a half years.

Foreign portfolio investments in Nigerian stock market dropped by 40. 4 percent in 2021 to its lowest level in five years as the active participation of foreign investors in Nigerian market. Declined by 11 percentage points from about 34 percent of total market transactions in 2020 to about 23 per cent in 2021. The report, however, showed anmirable improvement in the overall FPI report, coordinated by the Nigerian Exchange (NGX), included transactions from nearly all custodians and capital market operators and it is widely regarded as a credible meassure of FPI trend.The report used two key indicators inflow and outflows, to gaurd foreign investors' mood and participation in the stock market and the economy.

Foreign portfolio investments in Nigerian stock market dropped by 40. 4 percent in 2021 to its lowest level in five years as the active participation of foreign investors in Nigerian market. Declined by 11 percentage points from about 34 percent of total market transactions in 2020 to about 23 per cent in 2021. The report, however, showed anmirable improvement in the overall FPI report, coordinated by the Nigerian Exchange (NGX), included transactions from nearly all custodians and capital market operators and it is widely regarded as a credible meassure of FPI trend.The report used two key indicators inflow and outflows, to gaurd foreign investors' mood and participation in the stock market and the economy.

President Bola Ahmed Tinubu has taken office, addressing urgent issues for the country's survival. The Tinubu-led administration began working immediately, introducing a new culture of fuel subsidy removal. This led to fuel stations shutting down and panic purchases. The new administration's planned programs and projections have been widely disseminated by the media, including the "five principles that will guide our administration." President Tinubu also engaged with foreign envoys in bilateral meetings, showcasing his work culture. In his inaugural speech, President Tinubu announced the phased-out subsidy and the need to harmonize foreign exchange rates. Governors Godwin Emefiele and Mele Kyari were waiting to update the President. Vice-President Shettima provided reasons for the subsidy's removal, stating it has benefited the affluent lifestyle.

The Plateau State Government has ordered the sealing of any filling stations found hoarding fuel in the state due to the imminent scarcity of Premium Motor Spirit (PMS) in Tin city. A task force has been mandated to seal up any filling stations found to be hoarding the product. Long queues of motorists have been observed at filling stations in Jos due to possible withdrawal of fuel subsidy. A doctor in Abuja has revealed a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects. This is in response to the use of hard drugs for sex, which kills. The doctor also reveals a way to speed up a computer by 30-40%.

Nigeria's Minister of Labour and Employment, Simon Lalong, has announced that the Nigeria Labour Congress (NLC) will soon receive a wage award, with President Bola Ahmed Tinubu potentially revealing it next week. The NLC has demanded tax exemptions, allowances, Compressed Natural Gas buses, modalities for SMEs, and a reversal of anti-poor policies. The government has approved N5 billion each for 36 states to cushion the pain of subsidy removal.

The Nigeria Labour Congress and Trade Union Congress have been warned that their planned strike on October 3 will violate a court order and disrespect the court's dignity. The strike is based on fuel subsidy removal, fuel price hikes, and workers' welfare, and Justice Olufunke Anuwe restrained them from proceeding.

Amanda Obidike is the founding Curator of the World Economic Forum (WEF) Global Shapers, Ozubulu Hub, and Executive Director of STEM Makers Africa, which aims to build an "Africa by us, for us" STEM ecosystem that prepares young talents to become more experienced for the continent's workforce. Forbes Science recognised her as the African changing the culture fabric for young talents to embrace opportunities in Science, Technology, Engineering, and Math (STEM). Amanda is a social innovator, technologist and data scientist who has been leveraging her platforms to provide leadership, strategy management and oversee the design and implementation of sustainable community projects and STEM education across the sub-region. She has been addressing the unemployment scourge, under-representation of young women and girls in STEM and the fragmented education system by training teachers and students in STEM education. She is also promoting an enabling environment for 100,000 women and increased girls' participation in STEM, while strengthening competencies, particularly in STEM and digital literacy, for youths to effectively transit from education to employment.

Suspected gunmen on saturday evenig reportedluy shot four people to dead at a mining site in Dong Village, Jos North Local Government Area of Plateau State. Source revealed that no fewer than four men were shot dead and a woman who survied a gunshot is receiving treatment in the hospital. the representing Jos South\Jos East in the National Assembly, Dachung Musa Bagos described the Killing as one death too many , He empathised with the families of Lo- Bwong of Lo-Tang, in Hwoishe, JOs South Local Government Area over th inhumane and cold blooded killing of members of their family by callous and bloodthirsty bandits.

Anyone caught moving animals on foot in Benue State would be fined N500,000. A repeat offender faces a N1 million fine under the 2017 Open Grazing Prohibition and Ranches Establishment Amendment Law, as updated. Anyone found moving animals on foot would be fined N500,000 under the proposed law.According to the legislation, there are sanctions for taking animals, including N50,000 for each cow, N10,000 for each pig, N5000 for each goat, and N1,000 for each chicken or bird. The governor claims that the governor upped the previous minimal fines for an animal confiscation to N50,000 based on current relationships. "If the owners do not appear to pick up their cows on the same day that they are seized, they will be required to pay an additional N20,000 for each cow.If you don't make payment within seven days, the law permits us to unction it. ortom said. Despite the law in place ,clashes between hearders and farmers have contiued.

Anyone caught moving animals on foot in Benue State would be fined N500,000. A repeat offender faces a N1 million fine under the 2017 Open Grazing Prohibition and Ranches Establishment Amendment Law, as updated. Anyone found moving animals on foot would be fined N500,000 under the proposed law.According to the legislation, there are sanctions for taking animals, including N50,000 for each cow, N10,000 for each pig, N5000 for each goat, and N1,000 for each chicken or bird. The governor claims that the governor upped the previous minimal fines for an animal confiscation to N50,000 based on current relationships. "If the owners do not appear to pick up their cows on the same day that they are seized, they will be required to pay an additional N20,000 for each cow.If you don't make payment within seven days, the law permits us to unction it. ortom said. Despite the law in place ,clashes between hearders and farmers have contiued.

The Police in Adamawa State have confirmed an acid attact on four people in Yola, the state Capital. Narrating this ordeal to reporters, Fawas Mohammed, a chieftain of AII Progressives Congress (APC) in the state, alleged that the attack had a political undertone.

Four persons were attacked with acid in Yola, the state capital, according to the Adamawa State Police. Fawas Mohammed, a leader of the AII Progressives Congress (APC) in the state, described the incident to reporters and claimed that it had political overtones.

The All Progressives Congress (APC) governors at the weekend foiled a plan to shift the party's convention, voting for it to hold on February 26. Chairman of the Caretaker Extraordinary Convention Planning Committee (CECPC) and Yobe State Governor Mai Mala Buni was mandated to discuss the date with the President ahead of the committee's meeting. The Progressive Governors Forum overruled the CECPC's proposal to postpone the convention, citing cases of the opposition Peoples Democratic Party (PDP) which conducted its national convention despite the fact that its immediate past National Chairman, Prince Uche Secondus, is still in court. The governors agreed on a February 26 timeline for the convention, but with a consensus that the date will not be announced until after Buni's consultations with the President. Buni assured women delegates of the party's resolve to give concession to women and youth during the convention, and urged them to seek positions at the convention and during next year's election.

The All Progressives Congress (APC) governors at the weekend foiled a plan to shift the party's convention, voting for it to hold on February 26. Chairman of the Caretaker Extraordinary Convention Planning Committee (CECPC) and Yobe State Governor Mai Mala Buni was mandated to discuss the date with the President ahead of the committee's meeting. The Progressive Governors Forum overruled the CECPC's proposal to postpone the convention, citing cases of the opposition Peoples Democratic Party (PDP) which conducted its national convention despite the fact that its immediate past National Chairman, Prince Uche Secondus, is still in court. The governors agreed on a February 26 timeline for the convention, but with a consensus that the date will not be announced until after Buni's consultations with the President. Buni assured women delegates of the party's resolve to give concession to women and youth during the convention, and urged them to seek positions at the convention and during next year's election.

The All Progressives Congress (APC) governors at a meeting in Abuja foiled a plan to shift the party's convention. They voted for the convention to hold on February 26, and sent emissaries to President Muhammadu Buhari on the need for the convention to hold as decided. President Buhari supported the governors' push for a democratic structure in the party instead of the continuation of an ad hoc leadership, and directed the Caretaker Extraordinary Convention Planning Committee (CECPC) to keep to its earlier proposal to hold the convention in February. Some governors said the alleged challenges listed by the Caretaker Committee were not enough to shift the national convention. The Progressive Governors Forum overruled the CECPC's proposal to postpone the APC National Convention, which was initially slated for December last year.

Austin Abide Odion and Lawrence Egumamhe were abducted by gunmen suspected to be herdsmen and kept in captivity for four days before they were released upon payment of ransom by their family members. Odion and Egumamhe had to trek a long distance to Okene in Kogi State to celebrate Christmas in their hometown, Unemeh-Uzanu in Etsako East Local Government Area of Edo State. The kidnappers initially demanded N15 million, but it was negotiated and paid in millions of naira. They were dehumanised, tortured, embarrassed, harassed, and threatened to be killed if the ransom was not paid. We must be security conscious and assist security agencies with timely information and logistics to ensure adequate protection of lives and property.

The Southeast region's governors and leaders have called for unity to overcome insecurity, agitation, and infrastructure deficits. They emphasized the importance of working together to accelerate development. The summit, organized by the governors and Ohanaeze Ndigbo, aimed to address challenges posed by individualism and divisiveness. The theme was "Southern Beyond 2023, Time for a Reset." Governors urged the Igbo people to believe in their capacity to turn things around despite insecurity. WTO chief Okonjo-Iweala blamed economic and security challenges on disunity among leaders and the people.

President Bola Ahmed Tinubu sworn in 45 ministers at the State House Conference Centre in Abuja, Nigeria, to restore faith in the government and implement the Renewed Hope agenda. The ministers discussed the economy, health, and social welfare, and plans for the nation's development. They pledged to be hands-on, confront grid challenges, and pursue renewable and alternative energies. The blue economy, valued at over $1.5 trillion annually, is expected to contribute to revenue and job creation.Nigerian President Tinubu congratulated the 45 ministers who have been sworn in to the administration of renewed hope. He emphasized the importance of reforms and renewal in Nigeria, stating that Nigerians expect results from these new ministers. The new ministers have been chosen based on their track records in various fields, reflecting the nation's diversity and expertise. The renewed hope agenda aims to improve government operations, transform the economy, and ensure peace, safety, and prosperity for Nigerians. The president expects integrity, dignity, and transparency in their service.

Blessing Chizurum Daniel, a 2019 Abia State University (ABSU) Law graduate, chose law due to her detest for injustice. Growing up, she witnessed a wealthy young man brutalizing an older victim with impunity, which inspired her to pursue a career in law. Despite setbacks, she found life-saving courses and the supportive faculty at ABSU to make her journey smooth. Daniel's passion for reaching out to people and her desire to help those who can't stand up for themselves led her to choose law.Law School impacted the author's confidence and self-confidence, leading to a shift from active to reserved behavior. They experienced a call to bar ceremony and a greater responsibilities as a lawyer, allowing them to handle tasks better than their older siblings. The author advises students to try their best and brainstorm with fellow students. The author also appreciates the unique wig and gown style in the profession, which adds glamour. The author believes the beauty of the profession lies in experiencing it in its entirety, rather than just as a judge, SAN, or professor.

Rev.Fr. Ejike Mbaka, a Catholic priest and founder of Adoration Ministry Enugu, borrowed N1.253 billion for charity, but has experienced greater joy since his ordination. His personal prayer was to be a magnet of souls and God Almighty Chukwu Okike Abiama handed them over to him as shepherd.

Acting Inspector General of Police Olukayode Adeolu Egbetokun has ordered the deployment of 35 Commissioners of Police to various state commands and formations across the country. This followed the approval of his recommendation by the Police Service Commission. “Amongst the newly posted Commissioners of Police are: Oluwarotimi to Kwara State Command; to Oyo State Command; Ogbodo to Ebonyi State Command; CP Samuel Titus Musa to Kebbi State Command; CP Aderemi Olufemi Adeoye to Anambra State Command; CP Auwal Musa to Bauchi State Command; and CP Alamatu Abiodun Mustapha to Ogun State Command. ” Egbetokun urged the new CPs to key into his policies,.

Acting Inspector General of Police Olukayode Adeolu Egbetokun has ordered the deployment of 35 Commissioners of Police to various state commands and formations across the country. This followed the approval of his recommendation by the Police Service Commission. “Amongst the newly posted Commissioners of Police are: Oluwarotimi to Kwara State Command; to Oyo State Command; Ogbodo to Ebonyi State Command; CP Samuel Titus Musa to Kebbi State Command; CP Aderemi Olufemi Adeoye to Anambra State Command; CP Auwal Musa to Bauchi State Command; and CP Alamatu Abiodun Mustapha to Ogun State Command. ” Egbetokun urged the new CPs to key into his policies,.

The Federal Ministry of Education has said the implementation of the Student Loan scheme is expected to start in the 2023/2024 academic session. Its Permanent Secretary, David Adejo, announced this at a meeting with the House of Representatives Committee on Students Loans. The permanent secretary dismissed speculations that the signing of the Students Loan Act spurred several federal universities across the country to increase their charges.  He said President Bola Ahmed Tinubu had directed that necessary works be completed on the modalities for the implementation of the loans scheme to ensure that it starts in earnest next month.

The 2023 presidential election substantially complied with the Electoral Act, the Independent National Electoral Commission insisted yesterday. Who was testifying as INEC’s first defence witness, While being cross-examined by Chief Wole Olanipekun, counsel for President Bola Ahmed Tinubu, either transmitted electronically or manually. Stressing that collation was done manually. Sponsored Millionaire Man Reveals $127/ Sponsored credit icon Advertisement Bayode added that having not collated results electronically, The witness said he was aware that INEC announced, Chris Uche objected to the admissibility of the document, the court admitted it in evidence. While being led in evidence by INEC’s counsel Abubakar Mahmoud, Before the witness was invited, Mahmoud tendered from the Bar, a certified true copy of a letter dated July 6 2022, from the APC acknowledged by INEC. Uche then brought a copy of the report, tendered it as evidence, not all the results were uploaded to IREV. The witness said his agency needed not to file any report. Glitches do not happen with the BVAS machine. Mahmoud announced the closure of INEC’s case, following which Olanipekun announced that his client will open defence today. INEC was scheduled to open its defence in the case yesterday. The one slated for yesterday was unavailable because of some family issues. Presiding Justice Haruna Tsammani adjournment till 9am today.

THE Federal Government assured Nigerians that the worst insecurity in the country was over. It said the killing of 65 Boko Haram/ISWAP terrorists, arrest of 96 and surrendring of 3,407 were pointed to the fact that, the war against terrorists and other criminals was yielding positive results. But the assurance came less than a day after gun men killed a driver and abducted eight of his passengers in River State. Terrorists detained a "go-between who delivered N7 millon for the release of a Divisional Police Officer (DPO) in their custody. Internal Affairs Minister Rauf Aregbesola told a House of Representative joit committee that security operatives failed to prevent the July 5, 2022 invasion in Kuje CustodialCentre, Abuja. The Government, which also said that 52 civilians were recused in the last four weeks, stated that the Abuja-Kaduna Expressway had 

The Bank of Agriculture (BoA)  said farmers must take insurance on every loan accessed through the bank,  for risk management.For small loan up to N1 million, the borrower will need to provide two guarantors as collateral. While for amounts over N 1 million, the bank will take property security or bank guarantee. According to BoA the money  farmers are taking from the bank are not grants, it is the capital of the bank that is being used to give to farmers to do their business, if they don’t pay back, the bank capital will be eroded and  the bank will start having challenges in meeting her obligation.

Nigerian equities experienced a bullish rally after President Bola Tinubu's inauguration, resulting in a net average gain of N1.55 trillion. This increase in demand for oil and gas and banking stocks was driven by expectations of reforms in these sectors and a positive economic outlook. The sustained four-day run led Nigerian equities to the global chart for best-performing stocks. The STOXX Europe Index and MSCI EM Index experienced a 0.8 per cent dip, while the All Share Index (ASI) and aggregate market value of quoted equities at the Nigerian Exchange rose by 1.1 per cent and 0.9 per cent, respectively. The increase in market value was primarily due to share price appreciation, rather than changes in shares structure. The banks-led financial services sector remained the top activity chart, with 1.890 billion shares valued at N23.041 billion in 17,806 deals.

Nigeria's politicians and civil society groups are urging for the country's restructuring to reflect true federalism. Former Vice President Atiku Abubakar brought back restructuring in the country's political lexicon last year, stating that the structure is heavily defective and does not provide an enabling environment for growth among the 36 component states of the federation. Since then, the clamour for restructuring has continued, with former Chief of Army Staff, Lt. Gen. Alani Akinrinade, launching a book called Alani Akinrinade: My Dialogue With Nigeria, highlighting the need for restructuring. The Southwest region has always been at the forefront of the agitation for restructuring, with speakers at the book launch supporting Akinrinade's call for restructuring. Some speakers, such as Asiwaju Bola Tinubu, governors of Osun and Ondo states, and Ray Ekpu, have also backed Akinrinade's call, stating that restructuring will bring about the real change the country needs.

Nigeria is facing a leadership crisis in 2023, and that leadership is the sole determinant of its success or failure. Politicians are mindful of the fact that Nigerians have learnt from their past and have a renewed energy and aspiration to make the same mistake come 2023. Leadership expert and teacher, John C. Maxwell, has a simple yet profound maxim that everything rises and falls on leadership, and Nigeria is a country blessed with rare and rich mineral resources. The upcoming election will determine the trajectory of our nation in the following years, and the issue of federalism, for example, through legislative restructuring of the constitution is a good reference point. Nigerians deserve more than colourful rhetorics and sloganeering, and must ask tough questions on restructuring.

Super Eagles winger Alex Iwobi will not be part of Everton’s home game against Wolves tomorrow as well as their next three EPL  games, the Carling Cup and  the Nigeria’s dead-rubber 2023 Africa Cup of Nations (AFCON) Qualifiers against Sao Tome and Principe.

Everton host Gary O’Neil’s men with both sides looking to kick-start their respective 2023/24 Premier League campaigns with a first win. Everton manager Sean Dyche will be without Iwobi who picked up a hamstring injury during the game with Aston Villa which they lost 4-0 at the Villa Park, with the Nigeria international to be sidelined for “a few weeks”, according to Dyche. Iwobi is expected to miss the clash with Doncaster Rovers (away) on August 30 and also match with Sheffield United billed for September 2.

The Nigerian Association of Resident Doctors (NARD) has suspended its planned protest and picketing of the Federal Ministry of Health, Office of the Head of Civil Service, and all tertiary health institutions nationwide. The decision was made after a meeting with the Federal Government, government officials, and the National Assembly. The NARD's President, Dr. Emeka Orji, confirmed the suspension and plans to review progress in 72 hours. NMA President Dr. Uche Ojinmah urged the government to resolve the labor dispute and eschew punitive responses in the interest of industrial harmony. The NARD calls for a gesture of goodwill towards the government and a better Nigeria.

The Federal Government has urged all federal tertiary hospitals, Federal Medical Centres (FMCs) and Federal Specialist Hospitals across the country to key into the Medical Laboratory Science Council of Nigeria (MLSCN) accreditation programme in order to deliver accurate laboratory test results. The Minister of State for Health, Dr Olorunnimbe Mamora, disclosed this during the unveiling of MLSCN Accreditation Service as an Associate member of International Laboratory Accreditation Co-operation (ILAC) and the presentation of a certificate of ISO 15189:2012 Accreditation to National Tuberculosis Reference Laboratory Saye–Zaria, Kaduna State. The Registrar/Chief Executive Officer of the MLSCN, Dr Tosan Erhabor, emphasised the relevance of accreditation as a means of demonstrating technical competence.

Fuel subsidies are no longer in effect, according to President Bola Ahmed Tinubu, because continuing to pay them would have bankrupted the nation. Cities once again saw lines for gasoline. For the payouts, N3.36 trillion was allocated. Every borrowing the nation makes is impacted by it. The bond market rose in value. that we will encounter issues with them. In accordance with the Appropriations Act, as it actually transpired. When the economic indexes get challenging, it increases. Every three litres are being subsidised by the government with N100. After the meeting, Kyari spoke to the media and reported that the nation's refineries were being restored. The rehabilitation effort is ongoing. The withdrawal of the subsidies, according to Kyari, who observed that the party was better informed.

The Lagos State Government has given 100 small business owners in the Alimosho Local Government Area of the state smart PoS phones to boost their businesses digitally. The Nigeria COVID-19 Action Recovery and Economic Stimulus (CARES) Program is a state-level intervention that seeks to mitigate and cushion the effects of the COVID-19 pandemic on the residents of Lagos. The programme is financed by the World Bank and is for men and women, with focus on 70% women and 30% men. It also provides credit grants, operations grants, and IT Enhancement Grants. The most important details in this text are that an Abuja doctor has revealed a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects, and that Ribdo.com is giving away cash up to 500,000 naira (shared), gift items, airtime, and others on Ribdo.com social media platform. Additionally, a doctor has revealed a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects, and that Ribdo.com is giving away cash up to 500,000 naira (shared) on Ribdo.com social media platform.

Lagos State has moved to curb poverty, especially among women, through a 'Waste to Wealth' training. The Commissioner for Women Affairs and Poverty Alleviation, Mrs. Cecilia Dada, said it was important to discuss processes to convert waste to consumables for global entrepreneurial development. Recycled plastics, weed and waste generated from forestry and the agricultural sector can be harvested, processed and utilised to create sustainable fortune and prosperity. The Assistant General Manager (Business Development) of Lagos Waste Management Authority (LAWMA), Mrs. Jirinsola Ladipo-Okubanjo, urged residents to ensure proper containment of waste products and to assist the government in recycling waste. She also proffered a recycling method using the Pakam app, which can be converted to money.Founder of Women Lifeline International Foundation Mrs. Gloria Melokam thanked the ministry for organising the programme and described it as an eye opener.

 

 

The security services in Plateau State have been ordered by the governor of the state, Simon Bako Lalong, to go after the attackers who attacked and killed three people in the Rafin Bauna, Bassa Local Government Area on Sunday. According to the Governor's security report, the victims were ambushed and killed by gunmen who are still at large as they travelled from Dutsen Kura to Rafin Bauna. He told the state's population during his speech at the Catholic Cathedral in Shendam that the government will step up its efforts to combat all crimes, including abduction, which has grown to be a bigger threat to the people's safety and sense of calm.

The senate President Ahmad Lawan, on the  23rd of January 2022, called for a  thorough investigation into the incident in which a motor driver was reportedly shot dead at Garin Alkali in Bursari Local Government of Yobe State. He said, he was deeply saddened by the tragic news at Garin Alkali on Saturday and the violent reactions that followed it. He also appeal for calm and  assure the peace- loving members of the community that justice will be served in this matter. He urge memers of the community never to take the law into their hands no matter the provocation because such reactions often lead to further tragedies.

Ahmad Ibrahim Lawan did not have active involvement in party politics on his mind when he earned a B.Sc. in Geography from the University of Maiduguri in 1984. The boy didn't think he was good enough for the "dirty game" Instead, he placed a strong emphasis on academics. He spent the following ten years conducting research and disseminating knowledge in the ivory tower in order to enlighten and advance society. He was one of the very few people from the northern region of Nigeria at the time to be given the opportunity because he was skilled enough at what he did to get a scholarship from the European Union. Lawan has previously served as an opposition lawmaker. On almost every current issue, his voice was always audible.

The Lagos Chamber of Commerce and Industry (LCCI) has called for better management of the country's inflation, foreign exchange (FX) and debt portfolio indexes. The LCCI President, Dr Michael Olawale-Cole, projected headline inflation to remain elevated due to food supply shocks, FX policies and illiquidity, higher energy costs, and heightened insecurity. He also anticipated Nigeria's debt stock and debt-servicing to revenue ratio to remain elevated. He reiterated LCCI's position on the need for monetary authorities to liberalize the FX market by unifying the multiple FX rates and ensuring they were market-driven. The dollar has put on a show this year, and CareSocks, FXTM, Unsold Sofas, Solar Panels, Arthrazex, Hair Transplant in the US, Study In USA, Counseling Courses in Australia, and Top 15 At-Home Exercises to Lose Weight and Build Muscle are all available to help traders reach their goals.

The National Library of Nigeria's involvement in children's book contests raises issues that need to be addressed. The National Library's partnership with Alphabetic, who is referred to as "a seasoned organiser of World Book Day," is puzzling in certain ways. Anybody older than 16 may enter the competitions. All entries must be unpublished and original, and they cannot be covered by a publisher's contract. Additionally prohibited are abusive, slanderous, or racist materials, as well as "materials deemed explicit, gratuitously violent, or referencing self-harm." The National Library needs to make clear how it fits into this situation. Such a significant national institution is unworthy of it.

The Federal Government should licence meter manufacturers to sell directly to electricity consumers to bridge the huge metering gap, as of September last year, only 4, 772,906 (37.33%) of 12,784,685 customers had been metered. The government can grant them licenses just like banks, telecommunications and insurance companies. Balogun praised the government for the successful completion of Phase Zero of the National Mass Metering Programme (NMMP) and the support given to local meter manufacturers, who are working to ensure the meters comply with the 4G network requirements.

The Jama'atul Izalatul Bidi'a Wa'ikamatus Sunnah (JIBWIS) led by its National President, Sheikh Abdullahi Bala-Lau, visited Zamfara to sympathise with the governor on the recent bandit attacks in Anka and Bukkuyum local government areas. Matawalle confirmed that 58 people were killed and assured the residents that security forces were trailing the bandits behind the killings. He urged JIBWIS leadership to embark on sensitisation activities to preach peace and tranquillity and create awareness on the dangers of killing innocent souls.

The leadership of the Peoples Democratic Party (PDP) will have no say in who becomes the party's presidential candidate ahead of the 2023 general election. The decision will be made by the party's members across the six geopolitical zones through their votes. Ayu welcomed all aspirants, while Momodu urged the leadership to ensure a paradigm shift in selecting the party's 2023 presidential candidate. The PDP must search for a flag bearer with the requisite leadership and visionary qualities to challenge and dislodge those politicians who have held the country to ransom. Ohuabunwa has the experience, managerial skills and competence to manage many things at the same time, and understands how to motivate people to achieve. He is better prepared now than at the time of his first foray into the fray in 2011.

 

The Federal Government of Nigeria has warned religious leaders against incendiary messages that could cause religious war in the country. The government deemed allegations of Islamization of Nigeria and persecution of Christians as fallacies and emphasized that conflicts between Muslims and Christians are often fueled by political motivation, ethnic differences, extremism, intolerance, and terrorism. The government also dismissed the accusation that the military was arming Fulani herdsmen to kill Christians as ridiculous. Minister of Information and Culture Lai Mohammed stated that the government was concerned about the incendiary messages sent by religious, political, and opinion leaders. He criticized the media for insinuating that the government was either out to Islamize Nigeria or persecute Christians. The government believes that some comments by religious leaders had political connotations and that conflicts between Muslims and Christians are often fuelled by political motivations, ethnic differences, extremism, intolerance, and terrorism.

Mrs Silas was kidnapped on Sunday, January 9, 2022, at her residence in Little Rayfield Jos, Plateau State, while Dr Audu was kidnapped on Monday, January 10, 2022, at his residence in Barikin Ladi by the same kidnap gang. A statement by the Military Information Officer, Major Ishaku Takwa, said the rescued victims have been reunited with their families.

President Bola Ahmed Tinubu inaugurated 45 ministers to implement his Renewed Hope Agenda in Abuja. Minister of Finance and Coordinating Minister for the Economy, Wale Edun, assured Nigerians that President Tinubu would not turn back on the Nigerian masses suffering from the President's reforms. He urged all members of the ministry to perform and deliver as expected. Health Minister Prof. Muhammad Ali Pate has stated that the ministry will improve governance processes, prioritize health security, and reduce medical tourism. He also called for better synergy among federal, state, and local governments, including the private sector and all critical stakeholders.Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has vowed to restore Abuja's Master Plan after President Tinubu's support. He aims to improve the city's sanitary outlook and curb security challenges within six months. Wike warns against distorting the plan and will demolish all illegal buildings and structures without fear. He also promises to work with security agencies and consider natives in political appointments.

Stakeholders in the maritime industry have raised concerns over the Ministry of Transportation's financial allocations in the 2022 budget, which were found to be duplicated in the Appropriation Bill. The ministry allocated N619million for anniversaries, celebrations and others, N169million for performance audit of NPA, NIMASA, Maritime Academy of Nigeria (MAN), Nigerian Shippers Council (NSC) and other consultancy, N373million for fixed asset purchase, N746million for salary expenditure, N827.27million for salaries and wages, salary, allowances and social contribution, and N124.09million for social contributions. The 2022 budget allocated N15.13 billion for personnel, overhead, and capital projects.

The Nigerian naira has fallen by 6.7% in two days, trading for N710 against the U.S. dollar on Aboki Forex. This record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators (BDC) due to their unauthorized sales above their authorized market. The suspension of BDC operators' ability to source foreign exchange from the CBN could impact the country's economy by mounting further pressure on the national currency. The apex bank threatened to arrest and prosecute Nigerians using naira to buy dollars last week, but has been criticised for failing to initiate policies to stabilize the country's currency value in the forex market.

 The national Agency for the Prohibition of Traffickig in Persons (NAPTIP) said it rescued 90 victims and reunited 85 others with their families between May and December last year in Akwa Ibom State. The agency's Zonal Commander in Uyo. Mr Ubong Ekwere, disclosed this in chat with reporters in Uyo yesterday while reviewing last year's activities of the agency. Ekwere said during the period under review, the command  recieved and investigated 93 cases and apprehended 103 suspects in the human trafficking, adding that 19 cases were still penging in courts. the commander noted that the new trend of human trafficking was the selling and buying children,where buyers warn parent and guardians to be vigilant and to monitor where their children and wards were at any point in time. The  zonal commander also appeal to state governments to include NAPTIP in their security meetings  to enchance information sharing. Also, the agency and department of State Service  said a Burudian woman and her children in a village in Imo, have been rescued. Adekoye added that the victims were rescue based on a complaint from the United Nations (UN) High Commission for Refugees lodged at NAPTIP Headquaters. He stated that "it was gathered that the victims who have refugee status in Kenya were trafficketed to Lagos by a yet-to-be- identified trafficker in September2021, and thereafter moved to Umunoha Imo State. Adekoye also quoted NAPTP's Commandant in Imo State, "the account of the State. Mr Ernest Ogbu, as sayng "the account of the victims indicated that they might have been  deceived by the traffickers."

The National Assembly yesterday approved President Bola Tinubu's request to appoint 20 Special Advisers. His request were read at plenary by Senate President Ahmad Lawan and Deputy Speaker Ahmed Wase, after Lawan read the letter, Senate Leader Ibrahim Gobir moved a motion for the Senate do consider the request of Mr. President and Commander in Chief for the approval of the Senate to appoint 20 Senate Advisers. The House in line with the provisions of section 151 of the 1999 constitution toed the same line with the senate.

The National Assembly has passed the Investment and Securities Service Bill 2023, which includes provisions for possible jail sentences for those who promote Ponzi schemes in Nigeria. The bill is expected to protect investors, regulate the market, reduce systemic risks, and provide for more stringent punishment for operators of Ponzi schemes. It also prohibits Ponzi/Pyramid schemes, which have led to the loss of billions of naira on victims and affected confidence in the investment climate in Nigeria. The passed bill prohibits Ponzi/pyramid schemes as well as other illegal investment schemes and prescribes a jail term of not less than 10 years for promoters of such schemes. According to Nigeria's Securities and Exchange Commission, three million Nigerians lost N18bn when the popular Ponzi scheme, Mavrodi Mundial Movement, crashed in 2016.

The National Assembly is prosposing a Bill that will empower the Securities and Exchange commission (SEC) to impose stiff punishment on promoters of Ponzi schemes and other unregistered investment schemes. The Bill is expected to empower the SEC with legal backing to effectively regulate the capital market and emphasise the independence of the commission in line with the requirements of the international organisation of securities commissions (IOSCO). The amendment is tittled: "A Bill for an act to repeal the Investments and Securities Act 2007 and Enact the investments and Securities and Exchange Commission as the Apex regulatory Authority for the Nigerian Capital Market as well as regulation of the Market to ensure Capital Formation, the protection of the Market to ensure protection of investors, Maintain Fair, Efficient and Transparent Market and reduction of Systematic Risk, and for Related Matters."

The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the importance of deposit insurance in maintaining financial stability. NDIC Managing Director, Bello Hassan, stated that the Deposit Insurance System (DIS) is crucial for the financial safety net and plays a vital role in achieving financial system stability. He highlighted the effective discharge of the corporation's mandate since its establishment 35 years ago, which has fostered public confidence in the banking system and supported the monetary authority in implementing sound banking policies.However, Bello called for a robust legal framework for effective execution of the DIS. He also highlighted the need for a deposit insurer (DI) to have all necessary powers to fulfil its mandate and emphasized the need for these powers to be specified in enabling legislation.
Chairman of the Senate Committee on Banking, Insurance, & Other Financial Institutions, Senator Mukhail Adetokunbo Abiru, said the banking sector has remained resilient despite economic headwinds caused by rising inflation and forex challenges. Data from the National Bureau of Statistics indicates that the sector contributed 4.36 percent to GDP in the third quarter of 2023, growing by 28.21 percent year-on-year in real terms.

The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the importance of deposit insurance in maintaining financial stability. NDIC Managing Director, Bello Hassan, stated that the Deposit Insurance System (DIS) is crucial for the financial safety net and plays a vital role in achieving financial system stability. He highlighted the effective discharge of the corporation's mandate since its establishment 35 years ago, which has fostered public confidence in the banking system and supported the monetary authority in implementing sound banking policies.However, Bello called for a robust legal framework for effective execution of the DIS. He also highlighted the need for a deposit insurer (DI) to have all necessary powers to fulfil its mandate and emphasized the need for these powers to be specified in enabling legislation.
Chairman of the Senate Committee on Banking, Insurance, & Other Financial Institutions, Senator Mukhail Adetokunbo Abiru, said the banking sector has remained resilient despite economic headwinds caused by rising inflation and forex challenges. Data from the National Bureau of Statistics indicates that the sector contributed 4.36 percent to GDP in the third quarter of 2023, growing by 28.21 percent year-on-year in real terms.

Operative of the National Drug Law Enforcement Agency (NDLEA) have raised a relaxation centre, populary called Garden in Abuja and arrested six people for allegedly selling drug cookies and noodles. He said beside the cookies, they were also caught selling botles of a black currant drink populary called Zobo prepared with cannabis. He sais two days earlier, officers of the FCT command of the Agency equally raided the Zuba Yam Market, where a drug dealer, Haruna Hassan was arrested with 19.3kg Cannabis.

The National Economic Council (NEC) hinted that petroleum subsidy would be over in June, but former Head of State Gen. Abdulsalami Abubakar warned against it, saying it would push more Nigerians into poverty. The Nigerian Labour of Congress (NLC) insisted it will not rescind its decision to call out Nigerian workers on January 27 over the Federal Government's decision. The views of the regulators correspond with the positions of the World Bank and IMF, which asked the Federal Government to remove fuel subsidy.

The National Economic Council (NEC) has hinted that the provision for petrol subsidy in the 2022 budget will end in June. Nasarawa State Governor Abdullahi Sule and Edo State Governor Godwin Obaseki both said that the decision on what to do next is the prerogative of the Nigerian National Petroleum Corporation (NNPC). Former Head of State Gen. Abdulsalami Abubakar warned against removal of petrol subsidy, saying it would push more Nigerians into poverty. Organised Labour maintained that its proposed protest against subsidy removal would go on as scheduled on January 27. The Nigerian government has been unable to remit N200 billion into the Federation Account Allocation Committee (FAAC) due to the payment of subsidy for petroleum products

The National Economic Council (NEC) has hinted that the provision for petrol subsidy in the 2022 budget will end in June. Nasarawa State Governor Abdullahi Sule and Edo State Governor Godwin Obaseki both said that the decision on what to do next is the prerogative of the Nigerian National Petroleum Corporation (NNPC). Former Head of State Gen. Abdulsalami Abubakar warned against removal of petrol subsidy, saying it would push more Nigerians into poverty. Organised Labour maintained that its proposed protest against subsidy removal would go on as scheduled on January 27. The Nigerian government has been unable to remit N200 billion into the Federation Account Allocation Committee (FAAC) due to the payment of subsidy for petroleum products.

Nigeria's new local carriers face threats due to economic uncertainty, rising costs, shifting regulatory policies, and difficulty accessing foreign exchange. Many airline owners are adjusting their applications for Air Transport Licenses or Air Operators' Certificates with the Ministry of Aviation and Aerospace Development and the Nigerian Civil Aviation Authority (NCAA). The rising exchange rate and the NCAA's minimum aircraft requirement for start-up carriers are also causing concern. The aviation industry is filled with risks and uncertainties, and if the NCAA implements its six aircraft fleet policy, many existing operators may be out of business. With wet leasing off the way, some carriers may not have the financial muscle to acquire an aircraft for $10 million per piece.

The Nigerian Exchange Group (NGX Group) is optimistic that President Bola Tinubu's policy direction will increase foreign investment in Nigeria. The group believes the new administration's readiness to remove fuel subsidies, unify exchange rates, and ensure investors and businesses repatriate dividends and profits will lead to more investment flows. Foreign transactions on the NGX have decreased by 38.5% since 2007, but the president's initial comments are expected to attract more foreign investments. Nigeria's growing population of young entrepreneurs, FMCG industry traction, and oil production are promising signs of growth in Nigeria and Africa. Nigerian Exchange CEO Temi Popoola expressed confidence in the new administration's ability to address forex constraints, despite declining trade volume due to forex constraints. He welcomed the International Court of Arbitration delegation and emphasized the importance of partnerships for capital raising.

The Nigerian Exchange Group (NGX Group) is optimistic that President Bola Tinubu's policy direction will increase foreign investment in Nigeria. The group believes the new administration's readiness to remove fuel subsidies, unify exchange rates, and ensure investors and businesses repatriate dividends and profits will lead to more investment flows. Foreign transactions on the NGX have decreased by 38.5% since 2007, but the president's initial comments are expected to attract more foreign investments. Nigeria's growing population of young entrepreneurs, FMCG industry traction, and oil production are promising signs of growth in Nigeria and Africa. Nigerian Exchange CEO Temi Popoola expressed confidence in the new administration's ability to address forex constraints, despite declining trade volume due to forex constraints. He welcomed the International Court of Arbitration delegation and emphasized the importance of partnerships for capital raising.

The Unity Project Nigeria and the Coalition for Good Governance and Economic Justice in Africa are two non-governmental groups that have denounced the heinous murder of five-year-old Hanifa by the head of the Kano primary school she attended. They insisted that the accused and those who helped him be held accountable for the "heinous crime" of violently taking an innocent and bright child's life. The government must start evaluating schools around the nation right away to make sure they are still conducive to learning and safe, and they must step up efforts to stop the recent wave of insecurity that puts the most vulnerable members of society in danger. The groups also expressed sympathy to the late Hanifa's family, praying for courage and strength in what is really a difficult time.

Alhaji Aminu Yaro, a businessman from Lagos, has given N25 million to the victims of the Nguru Market fire. Governor Buni referred to the fire tragedy as a regrettable occurrence and urged the traders to view it as a preordained act of God. Also, he stated that his administration would fully analyze the damage and assist the victims.

The Niger Delta crisis in Nigeria has been a contentious issue, with the Federal Government implementing the Economic Community of West African States (ECOWAS) Trans-Human Movement Law. Nigeria's past leadership has been criticised for their incompetence and deceitfulness in handling the Boko Haram insurgency and Niger Delta militancy. Acting President Yemi Osinbajo is expected to lead a delegation to Bayelsa State to restore peace in the region. The Nigerian Oil and Gas Landlords' Association of Nigeria (OMPALAN) has urged the Presidency to seek wider consultation with oil and gas stakeholders to address the crisis. The Niger Delta Avengers (NDA) is not keen on meeting with security agents representing the Federal Government at proposed peace talks. The Federal Government has been advised to embrace dialogue rather than resort to war to resolve the crisis. The Federal Government has returned to the negotiation table with ex-warlords from the Niger Delta in a fresh initiative to restore peace.

The Economic Community of West African States (ECOWAS) and the Niger Republic military junta are facing a standoff due to economic pressures and threats of military action. Junta leader General Abdourahamane Tchiani has rejected peace efforts and rebuffed talks by delegations. The junta received a warning to reinstate President Bazoum or face military action. However, Tchiani reconsidered his position and met with Nigeria's Intervention Team, agreeing to intensify dialogue in resolving the political crisis. The Nigerian Armed Forces (AFN) has criticized false reports of a coup request, and the Nigeria Labour Congress (NLC) has urged against military action against the junta, arguing that the disadvantages outweigh the benefits.

Acting Nigerian President Yemi Osinbajo has emphasized the need for sustainable growth in the country to combat corruption. He emphasized that corruption is difficult to combat due to the wealth, power, and influence of corrupt individuals. Osinbajo praised Nigeria Labour Congress President Ayuba Wabba and labour leaders for their campaign against corruption. He highlighted the need for a democratically elected government to report to the people and show accountability. He also stressed the importance of efficient resource management, especially in a country with limited resources. Osinbajo emphasized the need to speak up against corrupt officials and fight against corruption to achieve sustainable growth.

President Muhammadu Buhari has attributed Nigeria's progress towards food sufficiency to the adoption of the Anchor Borrowers' Programme (ABP). The Federal Government has invested N1 trillion into local rice production, and the springing up of more domestic rice mills has further guaranteed the march to food sufficiency. The CBN has financed 4,489,786 farmers and planted over 100,000 hectares of wheat across 15 States, and is exploring a new rice seed variety with the Rice Farmers Association of Nigeria (RIFAN). The CBN finance has created about three million jobs, especially for farmers and suppliers, and five million jobs are provided every year through this financing.

The Anchor Borrowers' Programme (ABP) has so far supported over 4.8 million small holder farmers across Nigeria for the production of 23 agricultural comodities, including maize, rice, oil palm, cocoa, cotton, cassava, tomato and live-stock. The Federal Government has sunk N1 trillion into local rice production, and the CBN is exploring a new rice seed variety with the Rice Farmers Association of Nigeria (RIFAN) that has potential to deliver over 8 tons per/hectare.

The Anchor Borrowers' Programme (ABP) has so far supported over 4.8 million small holder farmers across Nigeria for the production of 23 agricultural comodities, including maize, rice, oil palm, cocoa, cotton, cassava, tomato and live-stock. The Federal Government has sunk N1 trillion into local rice production, and the CBN is exploring a new rice seed variety with the Rice Farmers Association of Nigeria (RIFAN) that has potential to deliver over 8 tons per/hectare.

To foster greater cooperation and information exchange among securities regulators, the International Organisation of Securities Commissions (IOSCO) has published a set of best practises for the use of international supervisory colleges in the securities markets. Nigeria sits on the IOSCO board and participates in the organization's Growth and Emerging Markets (GEM) Committee. The report offers a framework for securities regulators looking to establish new international supervisory colleges for financial markets segments where they are not currently used. Doing so could improve coordination between regulatory bodies and help regulators further address the negative effects of market fragmentation. The paper recommended using supervisory colleges to exchange information and crisis management strategies. 

JP Morgan estimates Nigeria's net foreign reserve to be around $3.7 billion, significantly below the $33.8 billion reported on the Central Bank of Nigeria (CBN) website. This figure is much lower than the $14 billion net figure at the end of 2021. The lower-than-reported forex reserve is due to larger currency swaps and borrowings against the forex reserve. The bank added $5 billion in International Monetary Fund Special Drawing Rights to external reserves, resulting in total gross forex reserves of $37.8 billion. The bank believes the CBN can withstand the pressure due to profit from swap arrangements between the CBN and commercial banks, allowing rates to continue to rise.

JP Morgan estimates Nigeria's net foreign reserve to be around $3.7 billion, significantly below the $33.8 billion reported on the Central Bank of Nigeria (CBN) website. This figure is much lower than the $14 billion net figure at the end of 2021. The lower-than-reported forex reserve is due to larger currency swaps and borrowings against the forex reserve. The bank added $5 billion in International Monetary Fund Special Drawing Rights to external reserves, resulting in total gross forex reserves of $37.8 billion. The bank believes the CBN can withstand the pressure due to profit from swap arrangements between the CBN and commercial banks, allowing rates to continue to rise.

The Federal Ministry of Agriculture and Rural Development has delegated authority for the regulation of animal science practice and all matters pertaining to animal husbandry in Nigeria to the Nigerian Institute of Animal Science (NIAS), which was established by Act No. 26 of 2007 as amended in 2015. The general public is hereby informed that the following feed operators who have been registered under the regulation have been inspected/audited and certified to practice feed milling in Nigeria having fully complied with the regulation governing feed milling in the nation, especially poultry, beef, and dairy farmers or any animal husbandry operator that uses feed, feed additives, or amino-acids.

Nigeria Labour Congress (NLC) President Joe Ajaero has stated that the NLC cannot be compelled to work with other organizations in the struggle for workers' welfare. The NLC's decision to stage a two-day protest against rising living costs was influenced by its National Executive Council (NEC). The NLC announced the suspension of the second day of the protest, stating its objectives were achieved on the first day. Ajaero stated that the NLC is independent and may collaborate with organizations, NGOs, or human rights organizations, but does not owe them explanations.

Organised Labour has warned the Nigerian government against a planned 40% increase in electricity tariffs by July 1, claiming it will increase the burden on Nigerians. The Nigeria Labour Congress (NLC) has removed the petrol subsidy and unified Naira exchange rates, causing financial pressure on many Nigerians. The Nigeria Electricity Regulatory Commission (NERC) is currently reviewing the Multi-Year Tariff Order (MYTO) and will implement the review from July 1. The major determinants of the review are inflation rate, Naira/Dollar exchange rate, and gas price. NLC President Joe Ajaero criticized the plan as insensitive and callous, citing the over 100% increase in pump prices of premium motor spirit and a shift in exchange rate. The NLC believes the issue of capacity to pay and quality of service delivery is superior to market rationalization. The NLC advises market fundamentalists to check their conscience and consider the potential consequences of the proposed tariff hike for collective safety.

The Nigeria Labour Congress has asked the Federal Government to rescind the decision to reintroduce excise duties on non-alcoholic and carbonated drinks, which could cost the beverage sub-sector N1.9 trillion in sales.

The Nigeria Labour Congress has asked the Federal Government to rescind the decision to reintroduce excise duties on non-alcoholic and carbonated drinks, which could cost the beverage sub-sector N1.9 trillion in sales.

The Asset Management Corporation of Nigeria (AMCON)  said no asset has been  underpriced or sold to cronies of the managing Diirector of their agency. Mr. Ahmed Kuru  said to ensure  transparency in sale of assets, an AMCON desk was established in EFCC. It clarified that all proceeds from disposal of assets were officially paid into the Treasury Single Account (TSA). But the EFCC, which is in possesion of the Certificate of Occupancy of the apartments, faulted AMCON for putting up the sale of the property without recourse to it." As at press time it was gathered that AMCON MD has been granted bail by the EFCC. "Kuru is on bail, we will keep you posted "a top EFCC official said.

The Senate has confirmed receipt of President Muhammadu Buhari's medical vacation extension letter, stating that there is no need to recall senators for plenary to debate the matter. The upper chamber confirmed the letter, stating that the president had complied with the constitution's requirement to be informed about his vacation. Senate Committee on Media and Public Affairs Chairman Aliyu Sabi Abdullahi stated that there is no emergency in suspending or recalling the letter, as he has done what he is constitutionally mandated to do. The Senate suspended plenary to carry out the interaction with the MDAs on the 2017 budget. The letter was not indefinite, but it was extending beyond the 10 days he had asked for, as the tests are in the hands of the doctors. The suspension was to allow various committees to attend to the national budget, which is an important document that Nigerians are waiting for.

Minister of Finance, Budget, and National Planning Mrs. Zainab Ahmed stated Wednesday that there are no plans to lay off any employees while President Buhar is in office. According to her, a special committee headed by the SGF is examining agencies with the goal of partially merging them using the Oronsanye report. He claims that the President has promised to keep his word and not fire employees. The Federal Government has never failed to pay salaries, as he (Buhari) stated, according to Mrs. Ahmed. The president has issued a directive stating that extra consideration must be given to how staff members would be treated throughout the procedure.

The Nigeria Social Insurance Trust Fund (NSITF) is expanding its operations to skills acquisition and conditional cash benefits to vulnerable Nigerians. This initiative is a high water mark from a management determined to break the crouching hills of lethargy and broaden opportunities for Nigerians to further access the elastic life-saving prospects in the blue collar world. The NSITF plans to integrate all federal government-owned skills centres and harmonize their curriculum for international standardization.

The Nigeria Social Insurance Trust Fund (NSITF) is expanding its operations to skills acquisition and conditional cash benefits to vulnerable Nigerians. This initiative is a high water mark from a management determined to break the crouching hills of lethargy and broaden opportunities for Nigerians to further access the elastic life-saving prospects in the blue collar world. The NSITF plans to integrate all federal government-owned skills centres and harmonize their curriculum for international standardization.

Edo State Governor Godwin Obaseki has accepted a public apology from his deputy, Philip Shaibu, following months of feuding. Obaseki acknowledged that to err is human and to forgive is divine. He spoke in Benin, but was silent on whether he would allow Shaibu to return to his official office. Obaseki acknowledged that Shaibu's behavior contradicted the people of Edo State, including filing unfounded petitions in Nigerian courts, restraining the State House of Assembly from an impeachment process, and repeatedly breaching protocol. He urged Shaibu to improve his conflict-resolution skills and urged his proxies to act in accordance with his piety.

Ogun State Civil Service Commission has released a list of over 600 successful officers, who have obtained higher academic qualifications through their personal self-development efforts and passed the three stages of public service competitive selection process.

 

Ogun State Civil Service Commission has released a list of over 600 successful officers, who have obtained higher academic qualifications through their personal self-development efforts and passed the three stages of public service competitive selection process.

 

A strange sucession crisis has hit ibadanland, following the passage of the Olubadan, Oba Saliu Adetunji. Although the next in line to throne, the4 fOtun Olubadan, Highe Chief Lekan Balogun, is perceived as the natural successor, former Attorney-General and the commissioner for Justice Micheal Lana has written to Oyo state Governor Seyi Makinde not to approve his apppoinment.The kingmakers have declared at a meeting that they would follow the tradition in naming the next olubadan, regardless of their elevation to the Obas. There should be no controversy as to who becomes the next Olubadan amongst us as the previous elevation that made us Royal Majesties did not in any way affect our respective offices in the Olubadan- in Council. For now, we are still all in mourning mood of our departed father and reverred leader in the council and we just want to asure generality our people, both home and in the Diaspora, that there is no cause for alarm.  

A row in the Senate ensued after Ondo South senator Yele Omogunwa defection from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). The announcement of Omogunwa's defection led to a walkout when Senate President Abubakar Bukola Saraki overruled the demand to declare Omogunwa's seat vacant. This may have strained the relationship between majority APC senators and their minority counterparts in PDP. Minority Leader Godswill Akpabio raised a point of order, citing the 1999 Constitution, and argued that there was no leadership crisis in PDP following a Supreme Court judgment. However, Saraki ruled Akpabio out of order, which angered PDP senators. Senator Dino Melaye justified Omogunwa's defection, citing Section 68 (g,h) of the 1999 Constitution. Senator Peter Nwaboshi argued that Melaye's intervention was a breach of procedure. The situation escalated into a row, with PDP senators demonstrating their disapproval of the situation.

The Nigeria Union of Local Government empolyees (NUGLE) has said only Jigawa State is  implementing local government autonomy in the country. NUGLE said Jigawa is the only state paying local government allocations directly into their accounts. Presidnt of the NUGLE, Comrade Ambali Olatunji said during a pree conference to restate the call for local government autonomy in the country following the comments made by president Muhammadu Buhari on the relationship between state and local government in interview with the Channels Television. Olatunji accused state governors of pauparising th local governments, while accusing them of destroying local goverment system in Nigeria. "it is only one state in Nigeria that has demostrate implementation in good spirit of the costitution; that is Jigawa government and wesay boldly ,having received the report from jigawa branch of our union that the governor of thestate has demostrated the tenets of a democrat in releasing the allocation of local governments to them directly;

OPEC and its allies have agreed to reduce production targets between January and December 2024 by 1.4 million barrels per day (bpd), bringing total production to 40.463 million bpd. Saudi Arabia announced a production cut of one million bpd, while other members extended earlier cuts until the end of the year. OPEC+ aims to achieve and sustain a stable oil market and adjust overall crude oil production to 40.46 mb/d from January 1 to December 2024. The OPEC and non-OPEC Ministerial Meeting reaffirmed the Joint Ministerial Monitoring Committee's mandate to review global oil market conditions, production levels, and conformity. The meeting emphasized the importance of adhering to full conformity and compensating countries producing above the required production level. The 36th OPEC and non-OPEC Ministerial Meeting is scheduled for November 26, 2023 in Vienna.

Osun State Governor Adegboyega Oyetola has challenged willing All Progressives Congress (APC) members to obtain nomination forms for the July 16 governorship election, saying he will emerge as the party's candidate. He urged his supporters to work for his victory to demand zoning in the next governorship poll. He also hoped that the feud between him and his predecessor, Ogbeni Rauf Aregbesola, would end soon.

A man whose kidneys have reached their last stages To receive a kidney transplant at St. Nicholas Hospital in Victoria Island, Lagos, Fatai Jimoh Opayemi is seeking N9 million. Opayemi, a diabetic and hypertensive patient, is receiving continuous hemodialysis. He will also require a qualified donor who isn't more than 65 years old or younger, the hospital remarked in response to the medical diagnostic. Contributions can be made to the following Bank UBA account: Fatai OPayemiJimoh, 2229685587, or by calling his daughter at 08024727338.

Prince Kassim Afegbua, a former Edo State Commissioner for Information, has urged the Peoples Democratic Party (PDP) to jettison any thought of ceding the 2023 presidential position to the northern part of the country, as doing so would run contrary to democratic principles of fairness, balance and inclusion. He argued that the Southern geopolitical zones of Nigeria have eminently qualified Nigerians and are ready to take a shot at the number one job. He also urged the new management and members of the National Executive Committee of the PDP as well as the National Working Committee to speak with one voice in ensuring that the South is given what is due to it.

President Bola Ahmed Tinubu, on May 29, during his inauguration, announced the removal of fuel subsidy, many citizens greeted the action with commendations, but others weighed the effects of the removal on the masses.   After the removal,  the pump prices of petroleum products skyrocketed, with some filling stations selling petrol for btween N500 and N700, depending on which side of the country one resides in. However, the sector is not left out of the subsidy removal’s negative effects, with private school owners, especially, claiming they had started making adjustments in their operational costs. National Association of Proprietors of Private Schools (NAPPS) National President Mr. Yomi Otubela said the removal of fuel subsidy would spike an increase in tuition. Otubela added that the removal had pushed up the cost of running schools. He noted that its effects did not only affect private schools, but cut across the sector.

Plateau Records One Case of Lassa Fever, Cautions Residents on Hygiene. Plateau State Government yesterday said it has recorded one case of Lassa fever in Jos North Local Government Area of the state, and therefore, cautioned the residents to take their hygiene seriously.

The police in Ebonyi State said they are investigating the torturing to death of one Nnaogo Akpoke Anyim in Ivo Local Government  Area of the state.Police spokesperson, Loveth Odah confirmed to the Nation the arrest of some of those involved in the torture and death of Mr Anyim. she said those involved were members of the outfit managed by Ivo Local Government  Area. Nobodyhas a rigtht to take a life no matter the offence the person has committed,she said the police in totality condemn jungle justice, self-help, brutality of any kind.

The 13 state governors of the Peoples Democratic Party (PDP) have agreed to ensure that one of them flies the party's flag during the election. They have attempted to wrest control of the party from other stakeholders, such as former Vice-President Alhaji Atiku Abubakar, ex-Senate President Bukola Saraki and former Jigawa State Governor Sule Lamido. They have announced themselves as the undisputed owners of the PDP, with plans to foist indirect mode of primary election on the party for the nomination of the presidential flag-bearer. To overcome this challenge, they plan to use the zonal leadership of the party to control these states, leading to fierce political wars in some zones.

Pope Francis has called for a global reflection on the dangers of Artificial Intelligence (AI) and its disruptive possibilities. The Vatican issued the warning in a message for the upcoming World Day of Peace, falling on New Year's Day. The pope emphasizes the need for vigilant action to prevent violence and discrimination in AI production and use. The Vatican has previously called technology a gift of God, but now joins forces with tech giants Microsoft and IBM to promote ethical AI development and regulation of intrusive technologies like facial recognition.

Nigeria is set to curb imports in the face of declining revenue from oil, but its agriculture sector is facing hard times due to the COVID-19 pandemic and soaring inflation. The Comprehensive Africa Agriculture Development Programme (CAADP) proposed that African countries allocate 10% of their budgets to boost agricultural productivity, but Nigeria has failed to implement the policy. Its budgetary allocation to agriculture rose from 1.70% in 2017 to two% in 2018. Nigeria's low budgetary allocation to agriculture is one of the reasons the sector has not recorded huge progress when measured against the African Union's African Agricultural Transformation Scorecard (AATS). The AATS tracks progress in commitments made by AU Heads of State and Government through CAADP and the Malabo Declaration to increase prosperity and improved livelihoods for transforming agriculture. Concerned stakeholders and experts in the sector have called for an increase in funding allocated to the sector, but also improvements in the effectiveness of agricultural spending.

Nigeria is set to curb imports in the face of declining revenue from oil, but its agriculture sector is facing hard times due to the COVID-19 pandemic and soaring inflation. The Comprehensive Africa Agriculture Development Programme (CAADP) proposed that African countries allocate 10% of their budgets to boost agricultural productivity, but Nigeria has failed to implement the policy. Its budgetary allocation to agriculture rose from 1.70% in 2017 to two% in 2018. Nigeria's low budgetary allocation to agriculture is one of the reasons the sector has not recorded huge progress when measured against the African Union's African Agricultural Transformation Scorecard (AATS). The AATS tracks progress in commitments made by AU Heads of State and Government through CAADP and the Malabo Declaration to increase prosperity and improved livelihoods for transforming agriculture. Concerned stakeholders and experts in the sector have called for an increase in funding allocated to the sector, but also improvements in the effectiveness of agricultural spending.

The Presidency and All Progressives Congress governors are in support of the principal officers of the Senate and House of Representatives announced yesterday, Those announced are Senate Leader Opeyemi Bamidele, Deputy Leader David Umahi, Chief Whip Ali Ndume, Deputy Whip Lola Ashiru, Minority Leader Simon Mwadkwon, Deputy Leader Oyewunmi Olalere, Minority Chief Whip Darlington Nwokeocha, Deputy Whip Rufai Hamga. House Leader Julius Ihovbere, Deputy Leader Abdullahi Halims, Chief Whip Usman Kumo, Deputy Whip Adewunmi Onanuga, Minority Leader Kingsley Chinda, Deputy Whip Ali Madaki, Minority Chief Whip Ali Isa, Deputy Whip George Ozodinobi

The President was painstaking in his choice of ministerial nominees, the Presidency said yesterday. President Bola Ahmed Tinubu’s list of 28 would-be ministers was made available by Senate President Godswill Akpabio during plenary yesterday. 

Chief of Staff to the President, Femi Gbajabiamila, who delivered the correspondence, which contained the list and a request for confirmation, said additional nominees’ list will be sent “in the coming days”.

Speaking to reporters in Aso Villa, he said: “I’m sure you all know that the government is not fully formed until a cabinet is in place. “That process started a while ago, culminating in the delivery of ministerial nominees today. “The President took his time, “He had 60 days from the time of inauguration, as stipulated in the Constitution. He has fulfilled that requirement by submitting 28 names. Each of the persons on that list, I believe, is worth being there.

President Bola Ahmed Tinubu is set to sign an Executive Order to significantly reduce the cost of drugs and pharmaceutical products in Nigeria. The Federal Government has secured a $1 billion grant from Afriexim Bank and foreign partners for medical industrialization. Health and Social Welfare Minister Muhammed Pate confirmed the recruitment of 2,497 medical doctors, nurses, midwives, and Community Health Extension Workers (CHEWs) to bridge the health sector gap and enhance service delivery.The government has also initiated the construction of pharmaceutical-grade warehouses in 21 states in collaboration with drug management agencies. Two additional warehouses at the federal level are also underway, complemented by the installation of the Warehousing Management Information System (WMIS) – M Supply. This visionary project commenced in October 2023 and is slated for completion in March 2024, with a scheduled commissioning in April 2024.The government has also made significant strides in expanding health insurance coverage, enrolling about 750,000 more Nigerians in health insurance since the beginning of this administration. The implementation of WMIS is expected to significantly enhance accountability and transparency, ensuring the potency of public health medicines and other health commodities.

The National Assembly will send an amended version of the Electoral Act Amendment Bill 2010 to President Muhammadu Buhari for assent before Saturday. The reworked bill by the Senate and House of Representatives will be passed today after meeting behind closed doors with Buhari at the Presidential Villa in Abuja. The President had refused to assent to the bill, citing the direct primary provided for political party primaries to select candidates for elections as his core reason. Lawan said the grey areas had been attended to and the bill would be sent back to Buhari before the end of the week. Lawan is optimistic that the cleaning process will not take more than a day, but if it does, it has to be early next week. Before meeting with Buhari, Lawan had listed the need to rejig the controversial bill and the ongoing review of the 1999 Constitution as the major planks of the Senate's Legislature Agenda. The Senate dissolved into an executive session to discuss the response of Mr. President on the bill.

The National Assembly will send an ammended version of the proposed law to President Muhammadu Buhari for assent today. Senate President Ahamed Lawan disclosed this after meeting behind closed doors with Buhari at the Presidential Villa in Abuja. Lawan had listed the need to rejig the controversial bill and the ongoing review of the 1999 Constitution as the major planks of the Senate's Legslature Agenda. The House will reintroduce the amendment and work quickly to address the miligating concerns, pass the bill and send it back to the president for assent.

The National Assembly will send an ammended version of the proposed law to President Muhammadu Buhari for assent today. Senate President Ahamed Lawan disclosed this after meeting behind closed doors with Buhari at the Presidential Villa in Abuja. Lawan had listed the need to rejig the controversial bill and the ongoing review of the 1999 Constitution as the major planks of the Senate's Legslature Agenda. The House will reintroduce the amendment and work quickly to address the miligating concerns, pass the bill and send it back to the president for assent.

The NIRSAL Microfinance Bank (NIRSAL-MFB) has partnered with the Nigerian Financial Intelligence Unit (NFIU) to recover N450.9 billion outstanding loans issued to farmers through the Central Bank of Nigeria (CBN) Anchor Borrowers' Programme (ABP). The collaboration aims to ensure all indebted farmers are paid up. N1.12 trillion was disbursed to 563 anchors, with about N670.4 billion repaid. The NFIU is providing intelligence to NIRSAL-MFB to ensure the balance of N450.9 billion is recovered. The collaboration demonstrates a more aggressive approach to recovering outstanding loans. The use of Global Standing Instructions (GSI) has made many beneficiaries reluctant to repay their loans. A self-loan liquidation app has been launched by the bank to help borrowers liquidate their loans online.