FRIDAY 12TH DECEMBER 2025

Citing Long-term Opportunities, PZ Cussons Stops Plan to Sell Its Units in Nigeria, Others

Says economic, currency trends now more favourable Discloses offers received did not reflect the inherent value of business

Emmanuel Addeh in Abuja PZ Cussons Plc, the parent

company of PZ Cussons Nigeria, yesterday said it will retain its businesses in Nigeria and other African countries, citing the need to take advantage of long-term

opportunities on the continent. The company further stressed in a statement tagged: “Conclusion of Strategic Review of Africa, Retaining Africa

Growth Plans”, that it was

www.thisdaylive.com

L-R: Rt. Hon. Femi Gbajabiamila, Chief of Staff to the President; Dr. Mrs. Offiong Jarigbe, Wife of the Celebrant; Senator Jarigbe Agom Jarigbe, Senator representing Cross River North and birthday celebrant; H.E. Senator Bassey Otu, Executive Governor, Cross River State), and H.E. Senator Barau Jibrin (Deputy Senate President and Senator representing Kano North, at Senator Jarigbe’s 55th birthday celebration held at Transcorp, Abuja… recently

Remi Tinubu: Cut My Husband Some Slack, We Are Working Hard to Keep Nigeria Safe

Elumoye in Abuja

First Lady Oluremi Tinubu, yesterday, appealed to Ni- gerians to take it easy with her husband, President Bola Tinubu, saying he worked

In Historic Move, FG Unveils Nigeria’s Gas Trading, Payment System

LAUNCHING OF ADF N100 BILLION EDUCATION SCHOLARSHIP INITIATIVE...

L-R: Chairman, BUA Group, Abdulsamad Rabiu; Gombe State Governor, Muhammadu Inuwa Yahaya; Kano State Governor, Abba Kabir Yusuf; Chairman, Aliko Dangote Foundation, Aliko Dangote; Vice President of the Federal Republic of Nigeria, Kashim Shettima; Lagos State Governor, Babajide Sanwo-Olu; Trustee, Aliko Dangote Foundation, Halima Aliko Dangote; and GED Operations, Dangote Sugar Refinery Plc, Mariya Aliko Dangote, at the launching of the Aliko Dangote Foundation (ADF) N100 Billion Education Scholarship Initiative nationwide in Lagos, yesterday (Seestoryonpage10)

Deji

US AMBASSADOR’S COURTESY VISIT TO THE SGF...

L-R: The Permanent Secretary, General Services Office, Office of the Secretary to the Government of the Federation, Dr. Ibrahim Kana; the Political Officer, Embassy of the United States of America, Cassandra Carraway; the Secretary to the Government of the Federation, Senator (Dr.) George Akume; and the United States Ambassador to Nigeria, Mr. Richard M. Mills Jnr, during a courtesy visit to the OSGF office in Abuja, yesterday

Presidential CNG Initiative Inaugurates

40 Electric-powered Vehicles

More than 6,000 Nigerians trained, $2bn received in investment commitment

Emmanuel Addeh in Abuja

The Presidential Initiative on Compressed Natural Gas (PiCNG) yesterday commissioned 40 electric-powered buses in Abuja, with the federal government pledging that it will continue to back projects that advance Nigeria’s clean energy transition.

Speaking at the unveiling, the Minister of State for Gas, Ekperikpe Ekpo, said the rollout marked another bold step in Nigeria’s journey towards cleaner, smarter and more sustainable mobility.”

Ekpo, who was represented by his aide, Abel Igheghe, said the initiative reflected the government’s commit- ment to cleaner fuels such as compressed natural gas (CNG), liquefied petroleum

gas (LPG), liquefied natural gas (LNG) and electric mobility.

“This gathering is not just a product showcase; it is a statement of intent. We will continue to support initiatives that align with our clean energy aspirations. Electric vehicles are an important part of the future, and they will create new industries, new jobs and new opportunities for Nigerian innovators,” the minister said.

He said the Ministry of Petroleum Resources will sustain policies that promote alternative fuels, deepen gas utilisation and encourage technology transfer.

“Nigeria’s clean mobility journey must be inclusive. It must deliver affordable transport options for ordinary

citizens and strengthen our national emission-reduction targets,” he added.

In his remarks, the Executive Chairman of PiCNG, Ismael Ahmed, said the initiative was focused on delivering affordable and

reliable mobility for Nigerians.

“This is clean energy. This is affordable energy. This is available energy. What matters is the ordinary Nigerian, the person in Kano, Zanya, or Daura whose transportation costs must come down,” he said. Ahmed said PiCNG will power charging stations with CNG to address concerns about electricity supply.

“We have sunlight, we have gas, and we will use them to deliver cheaper and cleaner mobility,” he said. He added that the 40 newly unveiled electric buses demonstrate President Bola Tinubu’s commitment to providing affordable, reliable and cleaner transportation across the country.

77 % of Nigerian Bankers Experienced Workplace Stress in

Olawale Ajimotokan in Abuja

The HP Work Relationship Index (WRI) for 2025 has found a staggering 70 per cent level of stress among Nigerian bankers, indicative of the growing focus on holistic well-being and mental health in the workplace in the

country.

2025, Says WRI Report

The third annual survey also discovered that 80 per cent of employees in South Africa were operating under constant strain to perform, without job fulfillment and career growth opportunities.

The South African unemployment rate, according to the report, was at 33.2 per cent in the second quarter of 2025.

global disruption, and unequal access to technology, adding the disruption and isolation caused by these forces was also inflicting pressure on the workforce.

Programme in Owerri

FG Partners Imo Govt to Launch South East LPG Penetration

The Federal Ministry of Petroleum Resources, in partnership with the Imo State Government, has officially inaugurated the South East LPG Penetration Programme in Owerri, the state capital.

The event marks the completion of the programme’s nationwide rollout across all five geopolitical zones, championing a shift towards universal clean cooking.

Speaking at the ceremony, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, detailed the ambitious goals

of the initiative under the Nigeria Decade of Gas agenda.

According to him, the programme aims to transition millions of households away from harmful fuels like firewood, charcoal, and kerosene to cleaner, safer Liquefied Petroleum Gas (LPG).

He said that key national targets include the distribution of five million cylinders by 2030, converting one million homes annually, and boosting domestic LPG supply to six million metric tonnes per annum, a move expected to generate significant employment.

The minister applauded

Governor Hope Uzodimma for his steadfast support, particularly for releasing state officials to ensure the programme’s success.

He, therefore, urged beneficiaries to view the cylinders as instruments of empowerment in the fight against domestic energy poverty, announcing that the large-scale distribution of 30,000 cylinders per state would commence early next year.

Governor Uzodimma, represented by the deputy governor, Dr. Chinyere Ekomaru, pledged the South East zone’s full backing and assured the security of all programme assets.

It described the workplace as demanding and less fulfilling due to economic pressure,

The report noted that in South Africa and Nigeria, this was compounded by broader socio-economic realities such as high unemployment economic uncertainty and widening inequality.

A statement by the Managing Director HP Southern

Africa, Yesh Surjoodeen, described the report as the silver lining for businesses across the globe, helping to achieve not only optimal operational productivity through employees but also the more elusive and valuable aim of fulfillment.

“Employees are the core of every business; their skills and competence are essential to not only their own growth but also for the success of the company.

NCC Blocks Seven Piracy Sites, Calls for Stronger Digital Safeguards in Nollywood

Wale Igbintade

The Nigerian Copyright Commission (NCC) has called for urgent adoption of advanced digital protection tools, including encryption, blockchain technology, digital watermarking, and cloud security, as Nollywood battles an escalating wave of online piracy fueled by the rise of streaming platforms.

The call was made during a webinar hosted by Greychapel Legal titled “Clicks, Streams, and Copyright: Who Owns Nollywood’s Digital Future?”, which brought together filmmakers, regulators, entertainment lawyers and media strategists to examine how content ownership and copyright enforcement are being reshaped by the digital age.

Lynda Alphaeus, Director and Head of the NCC Lagos Office, said the Commission has intensified its efforts to combat piracy across digital channels and is upgrading its operations to meet emerging threats. According to her, Nigeria’s new Copyright Act was deliberately updated to strengthen creators’ rights amid the explosion of online distribution.

Amby Uneze in Owerri

PANEL SESSION ON UNVEILING THE NEXT PHASE OF ENERGY RELIANCE...

L-R: Obi Imemba, Executive Director, Joint Venture Asset, TotalEnergies Exploration and Production, Nigeria; Blessing Adagbasa, GM Procurement & Nigerian Content Development, Seplat Energy Producing Nigeria Unlimited (SEPNU); Tony Attah, Managing Director, Renaissance Africa Energy Company Limited; and Adegbite Falade, Managing Director, Aradel Holdings at a panel session on Unveiling the Next Phase of Energy Reliance, at the 2025 Practical Nigeria Content Forum, in Yenagoa, Bayelsa State...recently

Customs Extends Deadline for Migration to Authorised Economic Operator Programme to January 31

The Nigeria Customs Service (NCS), yesterday announced the extension of deadline for the migration of all beneficiaries under the Fast Track Scheme to the Authorised Economic Operator (AEO) programme, to January 31, 2026 from the

earlier cut-off date of December 31, 2025.

In a statement, Deputy Comptroller of Customs National Public Relations Officer, Abdullahi Maiwada, said the shift was in furtherance of the service’s commitment to deepening trade facilitation, securing supply chain and

strengthening compliance in line with global standards.

He said all existing fast track beneficiaries who are yet to complete their migration are advised to initiate and conclude their AEO applications through the official platform.

He explained that the extended timeline provides

operators with ample opportunity to meet programme requirements and secure AEO certification without disruption to their business operations. According to him, only companies duly certified under the AEO programme will continue to access the facilitation privileges previously

Govs Set for PHC Leadership Awards as Nigeria Deepens Health Reform, Accountability Drive

Sunday Ehigiator

Nigeria’s push to strengthen primary health care will take the spotlight today as Governors, health leaders, and global partners convene in Abuja for the 2025 Primary Health Care (PHC) Leadership Challenge Awards.

Now in its third edition, the initiative—one of the country’s fastest-growing platforms—tracesaccountability its roots to the 2019 Seattle Declaration, where all 36 governors pledged to build a health system that delivers quality care regardless

of geography or circumstance.

Hosted by the Nigeria Governors’ Forum (NGF) in partnership with the Federal Ministry of Health and Social Welfare, the National Primary Health Care Development Agency (NPHCDA), UNICEF, and supported by the Gates Foundation, this year’s ceremony would honour states demonstrating exceptional commitment to PHC reforms.

According to a statement signed by the Director, Media & Strategic Communications, NGF, Yunusa Tanko Abdullahi, the event celebrates measurable progress in governance, financing,

quality of care, and sustainability—proof that political will, when sustained, can translate into tangible results for millions of Nigerians.

For many observers, “the challenge has become one of Nigeria’s clearest examples of how political will can turn into real outcomes,” the statement quoted the Chairman, NGF, AbdulRahman AbdulRazaq, to have said, noting that the platform, “has become a beacon of what strong, accountable leadership can achieve in our health system. It celebrates results, rewards performance,

FRC Finalises Five-Year Revised Strategic Plan, Moves to Expand Collaboration with ICPC, DMO

The Fiscal Responsibility Com- mission (FRC) has revealed that it isthefinalising revised Five-Year Strategic Plan, designed to enhance public financial management, transparency, and accountability across all tiers of government in the country.

This is in alignment with the mandate of the Fiscal Responsibility Act (FRA) 2007.

FRC Chairman, Mr. Victor Muruako, who disclosed this in Abuja during the 2025

end-of-year activities.of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said the revised plan includes expanded areas of collaboration with the ICPC aimed at strengthening the delivery of their shared mandates.

The Five-Year Revised Strategic Plan focuses on several key areas, including improving Public Financial Management (PFM), with focus on implementing strategies to ensure the prudent management of the nation’s resources and

long-term macroeconomic stability.

It also incorporates monitoring and evaluation, strengthening systems to monitor government revenue, expenditure, and debt practices, as well as encouraging greater public engagement in fiscal governance and the budgetary process to foster transparency.

The Plan equally includes enhancing the FRC’s operational efficiency through collaboration with other anti-corruption agen- cies like the ICPC and the Debt Management Office (DMO).

and ultimately delivers better care for our people.”

“The Primary Health Care Leadership Challenge was built to keep governors focused on their promises under the Seattle Declaration. At its core is a Performance Monitoring Framework that measures how well states are strengthening governance, financing, quality of care, evidence use, and sustainability within their PHC systems.

available under the scheme.

Essentially, the AEO is a globally recognised compliancebased initiative that grants trusted operators enhanced benefits such as expedited cargo release, reduced documentation, lower inspection levels, pre-arrival processing, and greater predictability in cross-border trade.

Maiwada pointed out that the extension reinforces the service’s commitment to ensuring a seamless and inclusive transition process for all stakeholders.

He said the decision to fully migrate from the fast-track scheme to AEO is consistent with the World Customs Organisation (WCO) SAFE Framework of Standards and is supported by Sections 108 to 111 of the Nigeria Customs Service Act, 2023.

The statement added that to further support stakeholders and sustain ongoing sensitisation efforts, the service will convene another

comprehensive stakeholders engagement forum to provide practical guidance on the migration process, demonstrate application procedures, and address compliance-related concerns.

The forum is scheduled for December 18, 2025 in Lagos. Participants will have the opportunity to interact with AEO implementation teams and obtain detailed information on programme requirements, benefits, and operational modalities, it added.

The NCS however, urged all fast-track beneficiaries to take advantage of the extension period, participate actively in the engagement forum, and complete their transition to the

AEOMaiwadaProgramme.said, “This proactive involvement not only ensures compliance with applicable regulations but also enhances the supply chain’s effectiveness and sustainability, fostering a collaborative environment that benefits all parties.

Kingsley Moghalu to Address Conference of African Speakers of Parliament

President of the Institute for Governance and Economic Transformation (IGET) Academy and former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, will deliver a keynote address to the 3rd General Assembly of the Conference of Speakers and Presidents of African Leg- islatures (CoSPAL) scheduled to take place in Rabat, Morocco from December 12-14, 2025.

CoSPAL’s 3rd General Assembly, hosted by the House of Representatives of the Kingdom of Morocco, will convene on the theme: “Legislative Leadership and Parliamentary Diplomacy

in a Changing Global Order”. Moghalu was invited to address the CoSPAL High Level Dialogue on the topic: “Securing Africa’s Economy for the Future: The Role of Legislative Leadership”, a statement sent to THISDAY said.

“As the global order under- goes profound transformation, the high-level dialogue provides a platform for some of Africa’s and the world’s foremost experts to engage with legislative leaders on critical issues shaping Africa’s future.

“In recognition of your expertise in governance, economic transformation and institutional leadership, we would be honoured to have you

deliver an address…”CoSPAL stated in its letter of invitation to Moghalu, signed by Dr. Dapo Oyewole, Secretary General of the pan-African organisation. The session will explore the structural vulnerabilities of African economies in light of global economic transforma- tions and examine legislative instruments necessary to drive industrialisation and secure Africa’s economic sovereignty. The CoSPAL is an indigenous pan-African organisationinter-parliamentary established in 2020 as a unifying body for legislative leadership of African member parliaments to devise legislative solutions that address Africa’s challenges.

Ndubuisi Francis in Abuja

Emmanuel Addeh in Abuja

James Emejo in Abuja

NIGERIA ALUMNI END-OF-YEAR DINNER PARTY...

L-R: Director, Human Resources and Administration, Airtel Nigeria, Mrs. Adebimpe Ayo-Elias; Emeritus Professor, University of Lagos, Prof. Olukayode Amund; Managing Partner, L’ecole Consulting Nigeria Limited and President, Cranfield University, United Kingdom (Nigeria Alumni), Mrs. Evbusogie Osojie; and Founder, Homebase Mortgage Bank, Dr. Femi Johnson, at the Cranfield University, United Kingdom, Nigeria Alumni end-of-year dinner party in Lagos… recently

Alleged Consumer Right Violation: FCCPC Seals Ikeja Disco HQs

Agency accuses firm of refusal to unbundle maximum demand customer Property not yet converted to residential apartment to aid unbundling, IE says Warns agency’s action may disrupt service to other customers

Peter Uzoho and Dike Onwuamaeze

Aided by dozens of armed Police and military officers, the Federal Competition and Consumer Protection Commission (FCCPC) yesterday sealed and took over the Alausa headquarters of Ikeja Electric over alleged non-compliance of the utility firm to the Order of the Commission to unbundle a Maximum Demand customer property into 19 residential units with separate accounts and prepaid meters.

But Ikeja Electric has countered the commission and the customer in question, saying the property which is currently existing as a hotel and owned by Providence Nominees & Real Estate Ltd, has not been reconfigured into separate apartments to enable the Disco to proceed with unbundling it into 19 separate residential units.

When THISDAY visited the head office of the Disco, officials of the FCCPC had sealed the entire premises and forced all members of staff out, while customers who came for complaints and to recharge their accounts were turned back by the Commission.

In a statement read while addressing journalists at the event, the Director of Surveillance and Investigation,

FCCPC, Mrs. Bola Adeyinka, said the sealing of the facility was a proportionate enforce- ment measure taken only after repeated engagement and several opportunities for voluntary compliance by Ikeja Electric.

“The Federal Competition and Consumer Protection Commission (FCCPC) is here today to enforce a Compli- ance Notice issued to Ikeja

Electric Plc under the Federal Competition and Consumer Protection Act (FCCPA) 2018.

“This action follows a long period of non-compliance. The Nigerian Electricity Regulatory Commission (NERC) issued a binding decision directing Ikeja Electric to unbundle a Maximum Demand account into twenty non-Maximum Demand accounts.

“And also, to recognise each

of the nineteen residential units and a service point owned by the complainant as separate customer units, and to provide the required metering and connection. Ikeja Electric did not carry out that decision”, Adeyinka argued. She said because of the failure, the complainant has been without electricity sup- ply for more than two and a half years despite paying all

charges requested by Ikeja Electric and meeting every obligation.According to the FCCPC director, the lack of electricity has prevented the complainant from putting the 19 residential units to use. She noted the Commission engaged Ikeja Electric several times, notified the company of the complaint and the outstanding NERC decision.

Jada: OGFZA Has Attracted $24bn Investments into Nigeria

Blessing Ibunge in Port Harcourt

The Managing Director of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Jada, has disclosed that the agency has attracted more than $24 billion investments into Nigeria, an achievement he said underscored the

strategic value of the nation’s free zones.

However, Jada did not disclose the period the OGFZA attracted the aforementioned amount to the country.

Also, he said the Authority supports the calls for a 10-year exemption for operators in special economic and free zones from the new tax law

BUA Cement Doles Out N40m Scholarships to 200 Students from Sokoto, Kebbi, Zamfara

in

In a colourful ceremony held at the BUA Cement plant in Sokoto, the company’s Managing Director/Chief Executive Officer, Engr. Yusuf Haliru Binji, an- nounced a N40 million scholarship programme for 200 students from Sokoto, Kebbi and Zamfara states.

Represented by Plant Director Mr. Aminu Bashar,

Binji said the award is part of BUA Cement’s ongoing corporate social responsibility (CSR) initiatives and is intended to complement Governor Ahmed Aliyu’s education driven policies.

Each beneficiary will receive N200,000, with the total disbursement amounting to N40 million.

The slots were allocated as follows: 50 scholarships for students from Wamakko Local Government, another 50

for other local governments in Sokoto State, and the remaining 100 for indigenes of Kebbi and Zamfara states studying at various tertiary institutions across Nigeria.

“The gesture is part of our CSR and is being carried out annually,” Binji said.

“Education is a top priority for us, and we are proud to support the efforts of the government in improving educational outcomes in the region.”

provisions.

Jada, said this during a town hall meeting with the Federal Inland Revenue Service (FIRS) and OGFZA licensees, held at the Onne Oil and Gas Free Zone in Rivers State.

He argued that the proposed 10-year extension would provide operators with the “adaptation space”

needed to transition and comply with evolving tax requirements, noting that Nigeria’s free zones have already generated hundreds of thousands of direct and indirect jobs across the country.

“I endorse the appeal presented last week by the Managing Director/CEO of the Nigeria Export Processing

Zones Authority (NEPZA) during the stakeholder engagement organised by the Ministry of Industry, Trade and Investment,” He said the request seeks a minimum 10-year exemption for operators in special economic zones and free zones from the new tax provisions, allowing sufficient time for adaptation.

Cost of Healthcare in Africa Soaring High, with 384m Pushed into Poverty, Says WHO

Onyebuchi Ezigbo in Abuja

The World Health Organiza- tion (WHO) has said that many African countries have continued to witness skyrocketing healthcare expenditure this making medical treatment inaccessible to many. It said that Africa presently accounts for over 20 percent of the world’s population facing financial hardship due to health

costs, and nearly a quarter of global health-driven poverty.

Quoting latest global UHC report, WHO said that more than 423 million people in Africa faced financial hardship in 2022 due to out-of-pocket health spending, with over 384 million pushed into, or further intoInpoverty. a message to mark this year’s Universal Health Coverage Day, the WHO Regional Director for Africa,

Dr. Mohamed Janabi, said that cost of medical services has remained unbearable while out-of-pocket payments still dominate health financing within the African region.

“Today, as we mark Universal Health Coverage (UHC) Day under the banner Unaffordable health costs? We’re sick of it! We are reminded that health is not a privilege for the few. It is a fundamental human right and should be accessible to all.

Onuminya Innocent

Sokoto

Dangote Launches N1trn Scholarship Scheme for 1.3m Nigerian Students

FG hails initiative as bold, transformative Govs, Onni of Ife, others declare full support for initiatives

Sunday Okobi and Funmi Ogundare

The Chairman of the Aliko Dangote Foundation (ADF) and President of Dangote Group, Alhaji Aliko Dangote, has announced a N1 trillion scholarship programme to expand access to education and promote academic excellence across Nigeria.

He said the initiative, which will commence in 2026, would support over 1.3 million students from all 774 local government areas of the country, with N100 billion committed annually for 10 years.

At the unveiling of the initiative in Lagos yesterday Dangote disclosed further that the programme is targeted at Nigeria’s most vulnerable learners, and is structured into three categories: Aliko Dangote STEM Scholars – 30,000 undergraduates in public universities and polytechnics will receive tuition support of up to N600,000 per year; Aliko Dangote Technical Schol- ars-5,000 TVET trainees will get essential study materials and technical tools; and MHF Dangote Secondary School Girls Scholars- 10,000 girls in public schools will receive uniforms, books, and learning

supplies, prioritising states with high out-of-school rates.

To be implemented in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO, he added that the scheme would use a merit-based, fully digital system for selection and disbursement. Dangote emphasised that the initiative is a strategic investment in human capital, aimed at reducing inequality and driving national development.

According to him, “The initiative aligns with the government education reforms and will be overseen by a Programme Steering Com-

mittee chaired by Emir of Lafia, Justice Sidi Dauda Bage,” as he pledged 25 percent of his wealth to sustain the programme, with progress reviewed under Dangote Group’s Vision 2030 strategy.

He added that: “The programmes are to be implemented through a strong collaboration with national institutions including NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO, ensuring transpar- ent beneficiary selection, verification, and efficient digitalManydisbursement.” heads of all the agencies were present at

the launch.

Dangote said the interven- tion is aimed at Nigeria’s most vulnerable learners, noting that financial hardship, not lack of talent, is the primary reason many Nigerians drop out of school.

The Dangote Group president said: “This is not only charity. This is a strategic investment in Nigeria’s future. Every child we keep in school strengthens our economy. Every student we support reduces inequality. Every scholar we empower becomes a future contributor to national development.

“Our young people are

Dangote

not asking for handouts. They are asking for opportunities. They are asking for a chance to learn, to grow, to compete, and to succeed. And we believe they deserve that chance.”

Dangote, who said the ADF, which has historically focused on health and nutrition as core areas of human capital development, emphasised that the current economic climate has made educational support an urgent imperative.

IN HISTORIC MOVE, FG UNVEILS NIGERIA’S GAS TRADING, PAYMENT SYSTEM

Emmanuel Addeh in Abuja

In a landmark step aimed at modernising Nigeria’s gas industry, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday launched the country’s first Gas Trad- ing Licence alongside a new Clearing House and Settlement System, an initiative expected to usher in a transparent, com- petitive and investment-ready gas market for Africa’s biggest

energyUnveiledproducer. in Abuja, the platform marked the beginning of formal, regulated gas trading in Nigeria, shifting the sector from opaque bilateral deals to a structured market where prices, transactions and payments are visible, standardised and enforceable.

At the event, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, described the move as fully aligned with President

Bola Tinubu’s energy-security agenda, adding that clear rules and trusted market participants would reduce risk, deepen liquidity and attract capital into the gas value chain. Ekpo stated that the effort will pave the way for smooth natural gas business, transparent pricing, efficient price determi- nation, and secure payment mechanisms, hallmarks he said aligned seamlessly with national energy policies and global best practices.

CITING LONG-TERM OPPORTUNITIES, PZ CUSSONS STOPS PLAN TO SELL ITS UNITS IN NIGERIA, OTHERS

pursuing an ambitious growth strategy built on a portfolio balanced between developed and emerging markets.

“PZ Cussons today an- nounces that it is retaining its Africa business and sets out ambitious growth plans for the business, as part of a wider Group strategy built upon a portfolio balanced between developed and emerging“Furthermore,markets.the Group has identified several guard- rails in order to achieve this growth with reduced risk and volatility,” the global firm added.

In April 2024, PZ Cussons announced plans to conduct a strategic review of its Africa operations. As part of the review, the Group announced the sale of its 50 per cent equity interest in PZ Wilmar Limited, its non-core edible oils business in Nigeria, to Wilmar International Limited, its Joint Venture (JV) partner for a total consideration of $70 million.

However, the Group said it received significant levels of interest from a number of parties regarding the wider Africa portfolio, but revealed that its Board has concluded that the offers received did not reflect the inherent value of the business and that the greatest value for shareholders will be created by retaining the business.

This, it said, will be done by building a Group portfolio balanced between its developed markets of UK and its emerging markets of Indonesia and Nigeria, stressing that the Group is now setting out plans to build a winning portfolio of locally-loved brands, building on the improved momentum achieved in recent years.

The company stated that this will be done in three key ways, including: “Growing the core business in Nigeria, Kenya and Ghana through consistently delivering best-in-class fundamentals of brand-building, distribution expansion, revenue growth management, in-store execu- tion and use of digital.”

These factors, including the fact that the Nigerian business has, since FY22, more than doubled the number of stores which it serves directly, it pointed out, have been major contributors to the business’ growth in recent years.

It also underscored the expansion into new category adjacencies, including a focus on Men’s Grooming and Beauty, with the existing brands of Venus, Imperial Leather and Premier as well as expansion in other African markets which will be served from its existing footprint in Nigeria and Kenya.

“The strategy is based on the significant long-term

opportunity in Africa where population is forecast to grow by more than 900 million over the next 25 years, represent- ing over half of total global population“Nigeria’sgrowth.population alone is forecast to increase by over 100 million further benefitting from urbanisation and rapidly growing middle classes. Recent economic and currency trends have been more favourable, supporting strong, double-digit revenue growth in our Africa

Continued on page 35

REMI

The minister noted that the President’s vision requires a regulatory environment that is predictable, trusted, and designed to unlock value, explaining that the inauguration was a demonstration of that commitment.

“Our country is richly endowed with natural gas reserves, among the biggest in the world, but if the underly- ing market where the gas will flow is not efficient, reliable, and well-regulated, it will not be possible for us to realise the ultimate potential of the resource.

“The Gas Trading Licence introduced today is decisive on this front, paving the way for a new, regulated market where reliable traders will feel safe doing business, where busi- nesses can plan, and where investors can invest, knowing that it will safeguard both their capital and the public interest”, Ekpo added.

According to Ekpo, the Gas Trading Licence is, therefore, the implementation of the provisions of the licensing requirement that make the investment possible, providing the governance framework

essential for a modern gas industry.Explaining the import of the license for the market, Ekpo listed them as: Access, dependability and affordability.

For its part, the NMDPRA, which issued the licences to JEX Markets Limited, said the step unlocked a key provision of the Petroleum Industry Act (PIA) and laid the foundation for Nigeria’s ambition to become a regional gas trading hub.

Authority Chief Executive (ACE), Farouk Ahmed, noted that with over 209 trillion cubic feet of proven reserves, Nige- ria’s gas economy has long been constrained by pricing opacity, weak contract performance and low investment, issues he said the new regime seeks to correct through automated trading, transparent price discovery and enforceable settlement.

Ahmed stated that the latest development was in compliance with the provisions of section 159 of the PIA for the trading and settlement of wholesale gas in Nigeria.

He explained that Nigeria’s gas-focused strategic policies, initiatives and fiscal and regulatory frameworks such

as the Decade of Gas (DoGas) Initiative, Presidential CNG initiative (PiCNG), Nigerian Gas flare Commercialisation Programme (NGFCP) and executive orders of President Bola Tinubu, on investment promotion and incentives have continued to position Nigerian’s gas sector as an attractive investment environment on the African continent. The Gas Trading Licence and other relevant regulatory instruments administered by the NMDPRA, he said, have continued to promote the sustainable development of the gas markets through the application of global best practices.According to him, this is to ensure transparency and efficiency; price discovery and reporting; safe and reli- able market trading practices; automated online and real-time market trading; market liquidity and inclusive participation as well as enhanced market access.

As the regulator of Nigeria’s midstream and downstream petroleum sector, the Authority Chief Executive stated that

Continued on page 36

TINUBU: CUT MY HUSBAND SOME SLACK, WE ARE WORKING HARD TO KEEP NIGERIA SAFE

hard to keep the nation safe and also worked seven days a week.

Expresses their desire to give more to the needy in Nigeria in 2026, she declared that Tinubu has been working tirelessly towards ensuring that all the nooks and crannies of Nigeria were safe.

Speaking to newsmen yesterday at the end of her 2025 Children’s Christmas Brunch held at the State House Banquet Hall, Abuja, Mrs Tinubu stressed that making Nigeria safe for all was top on the agenda of the Tinubu administration. Responding to questions about the mixed experiences of Nigerian children this year, global academic and other

achievements on one hand and mass abductions on the other, the first lady insisted that the Tinubu government has acted swiftly and responsibly, particularly in the recent rescue of abducted schoolchildren.

“Mr President has done the needful. They’ve gone after them. This is the quickest rescue we have ever gotten in the history of this nation,” she said, alluding to the effort of the administration on safe schools.

She urged Nigerians to appreciate the scale of Nigeria’s challenges, noting that the country’s population, estimated at over 250 million, was comparable to that of the United States.

“Cut Mr President some

slack. We work seven days a week in here. You think I don’t want a safe society? I do. Every child that leaves this place should feel safe. That is what we are working for,” she appealed.

The first lady, however, called on Nigerians to embrace a renewed spirit of generosity in 2026 by sharing more of their God-given blessings with the less privileged, stressing that giving was a moral duty and an expression of gratitude.

Tinubu said she intended to expand her message of generos- ity in her upcoming podcast, noting that many Nigerians refrained from giving because they measured their lives by the standards of the wealthy rather than remembering their

own humble beginnings.

“Next year should be a year Nigerians reach out to others, especially those who are less privileged. Most people, when they are blessed, want to remain at that level of blessing and only associate with people there.

“But not me. I always try to hold on to my foundation… When you begin to fly high, you can fall like Humpty Dumpty if you forget who you are,” she said.

Remi Tinubu explained that she often gave until she has “zero,” not out of abundance but from a desire to share the favour God has bestowed on her.

She tasked Nigerians to take

67GARLAND CHEERS To Our Winning Governor

On behalf of my families, friends,

people of Mbaitoli/Ikedur u Federal

C

Excellency, Sena tor Hope Uzodinma, the Gover nor of Imo State, on the occasion of his 67th bir thday

Your Excellency, we note with excitement and s

towards our state development and growth. We salute your courage, doggedness and selessness in pursuing the Imo and Nigerian p ro

Ahmed Tinubu, GCFR.

I pray God will continue to grant you good health & well being as you continue to render your best to our great state, nation and humanity

Once again, Happy Bir thday Your Excellency.

His Excellenc y, Sena tor Hope

UZODINMA

Executive Gover nor, Imo State

Hon Amadi Akar achi

Etinosa

Politics

Acting Group Politics Edito r DEJI ELUMOYE Email: deji.elumoye @thisdaylive.com 08033025611 s M s O n LY

Anambra: A Never Ending Fight for Supremacy Between Obi, Soludo

Governor Chukwuma Soludo of a nambra State and ex-governor of the State, Mr Peter Obi, are pitched politically against each other again. David-Chyddy reports that both men who are not strangers to each other will not stop fighting for supremacy.

Presidential candidate of the Labour Party during the 2023 general election, Mr Peter Obi and Governor of Anambra State, Prof. Chukwuma Soludo are two Anambra men who have a long history in many spheres of life.

Be it in leadership positions, in their educational endeavors, relationship and family ties. But at each turn, the duo of Peter Obi and Chukwuma Soludo never fail to engage each other. Many usually see Soludo as the aggressor, but Obi, a man of calm mien and smooth talks is not also a coward. Many who know him insist he engages less verbally but does more in areas that are not visible to all.

Recently, Obi ignited what has turned out the fire that commenced a fresh round of tussle when during the 2025 Anambra Governorship election, he harmlessly told journalists in an interview immediately after voting at his Amatutu village polling unit, that he was not on the ballot, but only came to exercise his franchise as a good citizen, noting that he has long passed the stage of running for governor as he dropped the toga 13 years ago. He likened politics to football, saying he plays in the Champions League, while those in the governorship contest on that day were merely in division one.

Obi told journalists: “I’m not on the ballot. I only came to cast my vote. I served as governor 13 years ago and have since moved on to a higher level in national politics. In football terms, if gubernatorial candidates are in the First Division, I am in the Champions League. I ran for vice president in 2019 and for president in 2023, winning 11 states and Abuja. I play well at that level, and my record speaks for itself. In both the old and new Anambra, only Jim Nwobodo and I became governors in our forties. I was the first to serve a second tenure.”

These may have provoked thoughts in Soludo, who didn’t spare any time in replying. Being a man not to shy away from expressing his opinion, the governor on an auspicious day; the very day he picked up his certificate of return, after winning the governorship election. He went straight for Obi’s jugulars, describing him as a “frustrated politician without a club”.

Responding, even without mentioning Obi, he said: “Nobody likes to lose and it is painful. They put in everything they had to unsit Soludo. They had his picture on their posters, had him raise their hands at rallies as endorsement, criss crossed the state, marched through streets, went to communities tours. I even saw the video where he was pleading with his community not to let him down, but the election came and it is a shock to them and they couldn’t stand it. We even left his polling unit out of pity, but APC went and won that one, he couldn’t win it. I can understand why if you are a serial loser and you see someone ascending, you get bitter.”

Soludo went further to compare his tenure with Obi’s. He said: “What we have spent in four years is less than what he spent in one year in dollar terms, yet you can see what we have achieved. Our people have spoken (re-election) and it is loud, so I can understand why he feels that frustrated. It may be going into his head, and you now see him talking anyhow. I told someone that I think something is happening to him. I’m going to call a meeting of committee of friends so that we can advise him. We can even take him to the (Solution) Funcity so that he can cool off.”

Speaking of Obi’s reference to playing in Champions League while Soludo is in Division One, the governor insisted that even the places where Obi played, he (Soludo) served as his coach, and he did so after he had finished playing world cup (CBN Governorship). He said: “We tried to coach him in league one, after I had finished playing the world cup.

We coached him to play in league one but he just left league one as an injured player, stranded and confused with no club (political party) and just moving about.”

For what was assumed to be mere banters, Soludo rounded off with what many had described as a serious threat, and a hidden

agenda to focus on pulling Obi’s political career down in his second term. He said: “In the fullness of time, we will get the record of how someone deliberately destroyed the educational system in Anambra. We will get it out. If you are feeling frustrated that someone is doing what you couldn’t do in Anambra,

don’t get frustrated, just go home, get a life, because idleness and serial loses can get into someone’s head.”

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

Ogun 2027: Adeola Rearing to Go

Kunle Somorin writes that Chairman of the Senate Committee on appropriations, Senator Olamilekan adeola, based on his political pedigree, is prepared for the all Progressives Congress’ governorship primary in Ogun state ahead of the 2027 general elections.

For nearly half a century, Ogun State has stood as a federation of Yoruba subgroups - Egba, Ijebu, Remo and Yewa. Yet one fact remains: since 1976, Yewa has never produced a governor.

Equity - affirmed by the Nigerian Constitution and Yoruba custom - demands that no part of a polity be permanently excluded from its highest offices. The late Awujale of Ijebuland, Oba Sikiru Kayode Adetona, foresaw this imbalance and urged that Yewa should produce the next governor of Ogun State. His prognosis carries truth to its destination. Democracy without fairness descends into exclusion by another name.

Against this backdrop, Senator Solomon Olamilekan Adeola (Yayi) emerges not as a mere aspirant but as a corrective to historical imbalance - a moral and democratic necessity. Attempts to weaponise genealogy - casting him as an outsider - have now met their answer. Yoruba wisdom cautions: Àlejò kì í mo ìtàn ilé - a stranger cannot know the full story of the house. That story has been affirmed by those who keep it, and by the institutions that preserve lineage and belonging. As a Yoruba saying reminds us, ìrò lè rìn pe, òtíto ní í dé l’eyìn - falsehood may travel far, but truth arrives all the same.

In Yewaland, Oba Kehinde Olugbenle, the Olu of Ilaro and paramount ruler, publicly affirmed Adeola as a son of Yewa. Indeed, Adeola holds the traditional title of Aremo (prime son) of Yewaland, underscoring a lineage rooted in place and custom. The maternal seal

followed. At Kemta Day the previous Sunday, Adeola declared: “Ilu iya mi ni mo wa yi. Emi omo Abibat Olasumbo, omo Akinola Baba Pupa from Kemta Odutolu.”

The Alake and paramount ruler of Egbaland, Oba Adedotun Aremu Gbadebo, then added a defining pronouncement: “Kemta ti fun wa ni Governor!” In Yoruba cosmology, kings are custodians of heritage; their declarations carry authority. Agbà kì í wà l’ojà, kí orí omodé tuntun wó - elders do not stand by while a child’s head is misshapen. To question Adeola’s indigeneity now is, effectively, to challenge the crowns. Constitutionally, a governorship candidate must be an indigene. Nigerian courts often consider attestations by traditional rulers when questions of lineage arise, recognising that in

matters of ancestry, custodians of custom provide important context. With these royal affirmations, the central question – indigeneship - can reasonably be regarded as resolved. Eligibility is clear. Whether Yewa or Egba, count Senator Adeola a bona fide candidate. A kì í fi ete síle pa lápálápá - one does not abandon leprosy to treat ringworm. The debate must now shift from ancestry to governance.

On that score, Adeola’s record is measurable and visible across all three senatorial districts of Ogun State. He has facilitated over 270 infrastructure projects across Ogun West alone; empowered 15,000 market men and women with cash grants; trained thousands in entrepreneurship; and supported over 5,000 students through a Scholarship and Bursary Board. He helped reopen the Ikenne–Ilishan road, a corridor associated with the Awolowo era, long overdue for rehabilitation, and donated 102 transformers serving 435 communities. In Sagamu, youths point to empowerment schemes; in Ifo, traders speak of solar-lit markets; in Abeokuta, students recall scholarships; in Yewa, elders reference roads linking their villages. These are not promises; they are monuments. The works that touch daily life are the truest testimonials across the three senatorial districts.

-Somorin writes from Abeokuta.

PRESS STATEMENT BY RT. HON. DACHUNG MUSA BAGOS ON THE PDP CRISIS AND THE FUTURE OF PL ATEAU POLITICS

Th e s i t a� o n i t h i n t h e P e o p l e ' s

D e m o c r a � c P a r t (PDP) has deteriorated to a le el that can no longer be ignored, especiall b those

o f s h o c a r r t h e

r e s p o n s i b i l i t o f represen�ng the hopes and p o l i � c a l i n t e r e s t s o f t h e Platea people. Toda , the t r t h i s c l e a r a n d n a o i d a b l e : l e a i n g t h e

P D P i s n o l o n g e r

s p e c l a � o n i t i s a n

i m m i n e n t a n d s t r a t e g i c decision.

T h e p a r t h a s l o s t t h e

n a � o n a l st r c t re , n i t , a n d o r g a n i a � o n a l

d i s c i p l i n e r e q i r e d t o

s p p o r t c r e d i b l e

RT. HON. DACHUNG MUSA BAGOS

ca n d i d ate s i n a ge n e ra l e l e c � o n . T h e m o st b a s ic q es�on remains nans ered: Who is leading the PDP at the na�onal le el? Is it the T raki-led fac�on or the Abd laram-led fac�on? A poli�cal part that cannot resol e its o n leadership cannot defend the mandate o f i t s ca n d i d ate s , n o r ca n i t o ffe r sta b i l i t to i t s members across the co ntr .

For me in Platea State, this crisis is not j st an Ab ja c o n e rs a � o n e h a e ta ste d t h e c o n s e q e n c e s before. We remember the conf sion, abandonment, and lack of coordina�on that crippled o r efforts a�er the elec�ons that e ere all remo ed from office thro gh the co rts for lack of str ct re. O r people s ffered for it. O r poli�cal stabilit s ffered.

A n d o r co l l e c � e m a n d ate a s e p o s e d d e to internal dis nit at the na�onal le el.

We cannot afford to take the Platea people thro gh that same painf l e perience again.

Not in .

Not at a �me hen o r poli�cs demands clarit , strength, and na�onal alignment. P

, d i s

deli ering ictor —not a pla�orm trapped in endless internal ba les.

A pla�orm that can protect o r otes, defend o r candidates, and p r o i d e t h e n a � o n a l s t r c t r e needed to sec re the f t re of o r people.

P l a t e a i s a t c h i n g . N i g e r i a i s atching.

It is �me to embrace strateg o er sen�ment. We m st align ith a poli�cal str ct re that is sta ble, i s i o n a r , a n d n a � o n a l l present—one that can gi e Platea

t h e o i c e , p r o t e c � o n , a n d

o p p o r t n i t i t d e s e r e s i n t h e coming poli�cal season.

O r ne t poli�cal steps ill be g ided b the need to s e c r e t h e i n t e r e s t s o f P l a t e a , s a f e g a r d t h e collec� e mandate of o r people, and ens re e stand o n a p l a�o r m b i l t o n n i t n o t co n f s i o n ; o n s t r e n g t h n o t c r i s i s ; o n p r o g r e s s n o t

l rec cling.

As e make decisions abo t the road ahead, I rge o r leaders and stakeholders of the PDP in line ith o r g iding principle to reconsider the c rrent sit a�on of t h e P D P i n t h e i n t e r e s t o f P l a t e a a n d t h e ad ancement of o r collec� e aspira�ons. What e need is a pla�orm b ilt on nit , strength, and for ardlooking poli�cs

For Platea , for o r people, and for the f t re, a ne poli�cal direc�on is not j st necessar —it is ine itable.

RT. HON. DACHUNG MUSA BAGOS HOUSE OF REPRESENTATIVE MEMBER, REPRESENTING

JOS SOUTH, JOS EAST FEDERAL CONSTITUENCY AT THE NATIONAL ASSEMBLY, ABUJA -NOVEMBER .

…truth behind the headlines, conspiracies, cover-ups, trials and triumphs

Tony Elumelu: Compassion Over Champagne FACTFILE with Lanre Alfred

There are moments in Lagos’ social calendar when everything seems to shimmer with a kind of predictable glamour: the same familiar faces, curated opulence, and December rituals that have become as iconic as the city itself. And then, without warning, something happens that disrupts the rhythm. Something sobering. Something that forces the glitterati to pause and confront the fragility behind their glitter. This week, that disruption came from an unexpected place: the home of Tony Elumelu.

Yes, that Tony Elumelu—banking titan, Africa’s entrepreneurship patron saint, consummate host, and the unofficial mayor of December festivities. His TOE All-White Christmas Party is not merely an event; it is an institution, a social pilgrimage for those who float through Lagos’ upper crust. You haven’t “done December” if you haven’t done TOE. It is the night of immaculate linen, curated glamour, imported performers, and a gathering of the city’s most admired, envied, whispered-about, and photographed personalities.

And this year, for the first time in recent memory, the gates will not open. The music will not start. The cameras will not flash. The immaculate lawns of the Elumelu residence will not witness the parade of Lagos’ most extravagant fashion instincts.

The party is cancelled.

Not postponed. Not downsized. Not “reimagined.” Cancelled.

And in the billionaire class, where parties are rarely inconvenienced by things as mundane as human grief, this decision felt almost radical.

Elumelu’s announcement was delivered in the most understated of formats, an Instagram story, with a tone as gentle as it was devastating. He acknowledged the tradition, the expectation, the genuine excitement that people hold for his annual gathering. Then he said something Lagos society is not used to hearing from its billionaires: “However, due to the recent tragic fire incident that claimed precious lives, Awele and I have made the decision to cancel the party this year.”

For a city that sometimes struggles to slow down long enough to mourn, this felt like a whisper that carried the weight of a sermon.

Because behind this decision lies a story more sombre than the cancellation itself—the Afriland Towers fire, a tragedy that claimed the lives of staff members from UBA, Heirs Holdings, and the Federal Inland Revenue Service. A fire that began in the basement inverter room and quickly transformed an ordinary Tuesday into a nightmare. Many escaped; some were rescued; a few were revived. But several did not return to their families.

It is easy, especially in corporate Nigeria, for tragedies to be wrapped in polite silence. Press releases are drafted, condolences are issued, and the wheels of business grind on. But this fire shook something much deeper. The victims were not faceless. They were colleagues, friends, and parents. Human beings whose mornings began like any other, and who had no idea that it would be their last.

Tony Elumelu was not in Lagos when the fire happened. He was in the United States, preparing to participate in the United Nations General Assembly, a space where he often champions African entrepreneurship and thought leadership. But the moment the news reached him, he abandoned the UNGA stage and returned home. Not symbolically, physically. He didn’t delegate the grief. He didn’t send a polished statement through a corporate communications officer. He showed up.

And when he spoke, he did not sound

like a billionaire addressing an unfortunate corporate incident; he sounded like a man in mourning. “I am shattered,” he wrote to his staff. “No words can capture this loss. Yesterday was a stark reminder of what truly matters: our irreplaceable people.”

How often do we hear billionaires speak like that in this country?

How often do we see them prioritize sorrow over spectacle? How often do they allow the death of staff—not executives, not directors, not the famous, but everyday people—to interrupt their global engagements, their leisurely rituals, and their seasonal traditions?

This is why Elumelu’s cancellation of the All-White Party is far deeper than a calendar adjustment. It is an act of uncommon emotional intelligence. A reminder that leadership, at its core, is not defined by what one builds but by what one values.

Lagos’ elite understand the power of a party. December is their annual theatre of self-expression, their runway of dominance, their festive parliament. It is the one time when social hierarchy is both displayed and negotiated. And in this arena, the TOE party holds a place of pride. It is an honour to be invited. It is a privilege to attend. It is a badge of relevance.

To cancel it is to puncture the December ego of the city. Yet Elumelu cancelled it with a simplicity that felt almost disarming. In doing so, he told the world that mourning should not be rushed; that celebration should not be loud when hearts are broken; that empathy is not a performance but a responsibility. What struck me most was the sincerity. He did not attempt to convert the tragedy into a branding moment. He did not use the language of corporate distancing. He said the names of no departments. He offered no cold, bureaucratic phrase like “unfortunate incident.” Instead, he and his wife chose a different vocabulary: one of honour, remembrance, and emotional presence.

That is not how many in his class behave. And this is where the real lesson begins.

Because Tony Elumelu, intentionally or not, has delivered a sobering masterclass to Nigeria’s billionaire elite, a class that often floats several feet above the real world, insulated by its own mythology.

His behaviour in this moment highlights a counter-culture in leadership that desperately needs amplification. At its essence, it challenges the performative empathy many corporate titans deploy when tragedy strikes. In too many boardrooms, grief is acknowledged only long enough for the

feel deeply when others hurt. In cancelling the All-White Party, he made space for grief in a city that often rushes past it. He allowed the memory of the deceased to be dignified rather than overshadowed. Elumelu aligned his personal choices with his corporate values, and modelled a kind of leadership that is both rare and necessary.

headlines to settle. Staff are remembered only in abbreviations. The machinery of power rarely pauses.

But Elumelu paused. And by doing so, he disrupts the culture of emotional impunity that has long plagued Nigeria’s corporate aristocracy. He reminds his peers that employees are not expendable units of production; they are people with names, children, ambitions, and dreams. He reinforces the idea that leadership must be felt, not simply declared.

Some might dismiss the cancellation as symbolic. But symbols matter, especially in a city that watches the behaviour of its wealthy with the curiosity of anthropologists and the precision of critics. And this symbol carries a layered significance.

It signals that no amount of champagne is worth uncorking when your people are mourning. It signals that humanity must never be subordinated to spectacle, that grief is not an inconvenience, and compassion is not a disruption. It signals that wealth does not absolve one of duty.

In a quieter, more reflective sense, the cancellation redefines what it means to be a modern African business leader. It suggests that power must be accompanied by empathy, success must be grounded in conscience, and influence must be exercised withImagine,humility. for a moment, if more billionaires behaved this way. Imagine if more CEOs cut short international trips to mourn staff rather than delegating condolences to mid- level managers. Imagine if more tycoons cancelled private jets and lavish celebrations to stand beside grieving families. Imagine if our corporate leaders acknowledged tragedies with the full weight of their presence instead of perfumed statements.

Nigeria would feel different. Corporate culture would feel more human. Workplaces would feel safer and the gap between those who have and those who serve would feel less brutal.

And yet, perhaps the most moving aspect of Elumelu’s gesture is that it does not seek applause. It is not a public relations exercise. It is a private family decision that became public only because the event itself is public. It is a quiet kind of leadership, the kind that speaks through action rather than advertorials.

It is also, in its own subtle way, a recognition that even the powerful are not immune to sorrow. Elumelu’s message reveals a man who understands that success does not insulate one from tragedy, nor does wealth diminish the responsibility to

For those who have ever walked through the illuminated gates of the Elumelu residence in December, the significance of this year’s silence becomes even more profound. Because Tony Elumelu does not merely host a party; he orchestrates a carnival. His affluence is wielded with the finesse of a maestro: every detail measured, every moment well sculpted, and every guest fully immersed into the night’s rhythm. His annual All-White Party is a cultural ritual, a concerto of class and charisma that no other magnate in Nigeria, old money or nouveau riche, has managed to replicate. Where others throw parties, Elumelu curates experiences. Lagos’ high society may flutter from one December event to another, but they arrive at the Elumelu party. It is the one night where everyone, from titans of industry to political heavyweights, from entertainment royalty to fashion’s most flamboyant divas, answers his summons without hesitation.

In a jungle of competing egos and noisy displays of wealth, Elumelu is the lion who does not need to roar. His invitation alone shifts the city’s centre of gravity. Last year’s Yuletide White Party stands as testament. The 2024 edition was carved in splendour so elegant it felt almost unreal: glowing lawns, translucent décor, a crisp palette of immaculate white eased into golden warmth. His home, expansive and breathlessly tasteful, became a sanctuary of style rather than a billboard of wealth. It is this understatement, this measured grace, that differentiates him from the gauche carnival of Lagos opulence. With Elumelu, wealth is worn lightly, like an expensive fragrance that whispers rather than suffocates. And the crowd responded. The guest list was a constellation: corporate titans, media barons, senators, governors, fashion sirens, music gods. Then the performances began—Wizkid, Davido, Burna Boy, a trifecta of global Afrobeats royalty—each taking the stage as though the night itself were a crown to be adorned. The atmosphere rose and swelled, a river of sound and champagne and shared delight. Elumelu and his wife, Dr. Awele, danced through it all, embodying the soft-life sophistication that even rapper M.I Abaga once immortalized in “Soft Life Tony.”

By dawn, the party had entered social legend, its images ricocheting across timelines as the final shimmering chapter of the year. It is precisely this memory—of beauty, joy, communion—that makes this year’s cancellation deeply symbolic. The louder the revelry once was, the more powerful the silence now feels.

When the TOE All-White Party returns in 2026, as he promised, it will most likely feel different. Not because the music will change or the décor will transform, but because this moment will linger as part of its legacy, an unspoken reminder of the year the lights were dimmed in honour of lost lives.

And perhaps, in that pause, Lagos will remember that humanity is the true luxury, empathy the true elegance, and compassion the true measure of power.

This Christmas, Tony Elumelu chose silence over spectacle. Not because he lacked the resources to celebrate, but because he had the heart not to.

And that, in a city obsessed with noise, may be the most powerful statement of all.

L-R:AweleElumelu;LagosStateGovernor,BabajideSanwo-OluandTonyElumelu

L-R: Keynote Speaker/Vice-Chancellor, Miva Open University, Prof Ta yo Arulogun; Convener, HRTalenthub.ng, Dr. Omotola Dayo-Adedapo; Group Chief Executive Officer, Tranter IT Infrastructure Services Limited, Dr. Lare Ayoola; and Chief Executive Officer, Dataleum, Bode Roberts, at the 2025 HR Conference and Excellence Awards, held in Lagos… recently

L-R: Rotary District 9111 Governor-Nominee, Samuel Ayetutu; District Governor, Henry Akinyele; Group Head, Corporate Affairs, Sifax Group, Mr. Muyiwa Akande; and Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during the Rotary District 9111 Public Image Seminar held at the Rotary Centre, Ikeja GRA, Lagos… recently

L-R: National Secretary, Society of Occasional and Environmental Health Physicians of Nigeria (SOEPHON), Dr. Ayo Agboola; National President, Dr. Musa Shaibu; Treasurer,  Dr. Kemi Albert-Udoh; Vice President,  Dr. Lanre Ajayi; Assistant National Secretary,  Dr. Folusho Alamina; and Financial Secretary,  Dr. Emeka Ofulue,  during the SOEHPON 2025 PreConference Workshop held in Lagos… recently

Members of Salt of the Earth Band, Julius Ovwuro, Favour Dokubo, Agu ukandu, and Taribo Ebidighi; their Leader, Agwunobi Bobby; other members of the group, Bunmi

and Jimmy Onoja, at the Lagos Business School Alumni Dinner Party held in Lagos… recently

National Chairman, Accord Party, Chief Maxwell Mgbudem (right), presenting a certificate to the Osun State Governor Senator Ademola Adeleke (left), who emerged the party gubernatorial candidate at the state Accord Party’s gubernatorial primary held at the Oasis Event Centre, Agunbelewo, Osogbo, the state capital, with them is the National Secretary, Accord Party, Hon. Adebukola Ajaja… recently

Board of

L-R: Chairman

Trustees (BoT), Mycotoxicology Society of Nigeria (MSN), Prof. Stephen Fapounda; member BoT, MSN, Mrs. Magret Ashiette; Keynote Speaker/ member, BoT, MSN, Mrs. Bosede Oluwabamiwo; and the Director, Corporate Affairs (SON), representing the Director General/CEO, SON, Mrs. Dalatu Ethan, at the Mycotoxicology Society of Nigeria collaboration with SON at its 18th annual conference and workshop ‘SON 2025’, held in Lagos … recently PHOTO: SUNDAY ADIGUN

L-R:

Oshi

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ONDO STATE AND DEVELOPMENT

LESSONS FROM BENIN REPUBLIC

opinion@thisdaylive.com

The crisis in the Peoples Democratic Party cannot be resolved through politics but by law, writes BOLAJI ADEBIYI

WAHALA AT WADATA HOUSE

Benin Republic has made much progress over the years, reckons JOSHUA J. OMOJUWA A CALL FOR DISCLOSURE REFORM

Onyeali-Ikpe, chief

In a recent online article titled “The Tragedy of Brilliance,” Babafemi Ojudu, a former senator and a pioneer of guerrilla journalism, expressed a profound but often overlooked truth about politics. According to him, people, allies, and enemies alike do not act based on what is right. They act on what they fear, what they desire, and what they believe protects them.

This succinctly explains the ongoing crisis within the leading opposition party, the Peoples Democratic Party. The party started moving towards instability shortly before the 2022 presidential primaries, in which Atiku Abubakar, a former vice-president of the country, secured the ticket against the prevailing national mood that favoured shifting the seat of power from the North to the South. Perhaps his victory would have been acceptable to Nyesom Wike, the first runner-up, if he had been convinced that the process was transparent.

Ultimately, an inconsolable Wike joined forces with four other governors from the party to undermine Atiku’s chances by supporting Bola Tinubu, the leading All Progressives Congress candidate, to win the election. In return for his considerable contribution to the opposition party’s victory, he was rewarded with a lucrative ministerial portfolio as the head of the Federal Capital Territory. Instead of leaving the PDP for his benefactor’s party, he chose to stay and stir up trouble, which continues to this day.

So, was Atiku’s decision to run against the national sentiment favouring a power shift to the South after eight years of Muhammadu Buhari’s presidency correct? Was the decision of David Mark, the convention chairman, to allow Aminu Tambuwal, another northern aspirant, to announce his step down for Atiku after all the aspirants had presented, correct? Perhaps not. Why did these events occur?

Assuming, without conceding, that Wike was genuinely aggrieved, why did he not, out of respect for the overall interest of the party, accept reconciliation and work towards its success in the election? Why did he remain troublemaking within the fold until he was expelled at the last November convention in Ibadan? Perhaps the answers lie in Ojodu’s assertion that politicians act not according to the truth, but in defence of their personal interests.

The outcome is the prevailing deadlock, which has severely drained

the party. A few months ago, Atiku, whom many analysts blame for the crisis, moved with several of his senior allies, including David Mark, former President of the Senate, to the African Democratic Congress. The ongoing crisis has threatened its ability to field candidates for the upcoming off-season gubernatorial elections in Osun and Ekiti states next year.

Uncertain of the legal status of the party’s National Working Committee, many of its first-term governors have defected to the relatively peaceful ruling APC. The exodus started from the Southsouth, the former stronghold of the party. The first to defect earlier this year was Delta State’s Sheriff Oborevwori. He was followed by Pastor Eno Umoh (Akwa Ibom), Duoye Diri (Bayelsa State), and Siminalayi Fubara (Rivers State). These defections have left the party without a single governor in the high-voting, oilrich region. On Wednesday, the dancing governor of Osun State, Ademola Adeleke, switched to the Accord Party in a pragmatic move to prevent his second term ambitions from being derailed by the crisis.

Despite the PDP’s loss of 11 governors down to six, with two more, Agbu Kefas (Taraba State) and Caleb Mutfwang (Plateau State), preparing to defect to the APC at any moment, the party’s leadership has not softened their stance. Kabiru Turaki, a former minister and Senior Advocate of Nigeria, elected at the Ibadan convention last month, claims to be the authentic national chairman with the support of the party’s governors led by Seyi Makinde of Oyo State and 29 state chairmen. On the other side of the divide is Abdulrahman Muhammed, the North-central zonal vice-president loyal to Wike. Both factions have established their NWC and Board of Trustees and expelled key figures from the opposing side. The only remaining step is for

the Wike group to select its National Executive Committee.

With both sides stubbornly clinging to their positions, it is hard to see how political reconciliation can be achieved. The way forward would have been a consensual resort to the party’s constitution, with a commitment to be guided by its provisions. Incidentally, it was the PDP leadership’s disloyalty to the same constitution, combined with the entrenchment of powerful interests, that has brought the party to its knees. Nevertheless, it is only the constitution, extant electoral law, and the Constitution of the Federal Republic of Nigeria, 1999, as altered, that can definitively separate the conflict and resolve the complex issue.

It is significant that both sides have submitted their grievances to the courts for resolution. While all sides have obtained multiple favourable orders, it is reassuring that the judicial system through its hierarchical structure will ultimately make definitive decisions on who is on the right side of the law. This may prove to be the ultimate saviour of the party, as it has been in the past.

After losing power in 2015, the PDP faced a severe crisis. Incidentally, Wike, then governor of Rivers State, was a key figure in the trauma following that electoral defeat. For three years, the party was split by multiple court cases between two factions: one led by Ali Modu Sheriff, a former governor of Borno State who defected from the APC, and the other by Ahmed Makarfi, a former governor of Kaduna State. Eventually, all conflicting lower court orders were appealed to the Court of Appeals, which then referred the cases to the Supreme Court. The Supreme Court consolidated the multiple cases and delivered a unanimous decision in favour of the Makarfi faction.

It is against this background that those who suggest that the prevailing crisis will destroy and bury the PDP may be mistaken. The party is a resilient and organic political organisation that has the capacity to withstand internal crises no matter how complicated. That it will survive this one is not in doubt. What remains uncertain is whether it will recover quickly enough to be able to successfully challenge the ruling APC in the 2027 presidential election. It is not likely.

Adebiyi, a Fellow of the Nigerian Guild of Editors, writes from Abuja.

Benin Republic has made much progress over the years, reckons JOSHUA J. OMOJUWA

ONDO STATE AND DEVELOPMENT LESSONS FROM BENIN REPUBLIC

I was first in Benin Republic in the year 2000. King’s College, Lagos (KC) had gone to play one of the historic Benin secondary schools, in celebration of a notable anniversary. We had beaten same school a year before in Lagos when KC celebrated its 90th anniversary. I remember coming on later in that game, but I prefer not to recollect the score line. It’s got no use nor place in this piece. It felt like a vastly inferior country compared to Nigeria, at least the parts of Porto Novo we had visited. Nothing about that visit made any of us feel like we’d return to come live in Benin Republic someday. It’s a different story for Benin today. This has got nothing to do with that coup Nigeria helped to quell.

One of the reasons that aborted coup needed to have not been born is because that country is doing exceptionally well on many fronts, you wouldn’t want anything derailing its development drive. If you visit Benin today, just like the many Nigerians who already made the decision and now live and do business there, you wouldn’t mind staying over. They have done well for themselves.

Idris Ayodeji Bello is an accomplished Nigerian venture capitalist, he was in Benin days before the coup attempt. “I spent time in diplomatic circles and on the streets. With tech ecosystem leaders and with public-sector folks. Interestingly, many of the public-sector leaders I met were young — people in their 30s and 40s — but they worked with very clear private-sector speed and urgency. From policymakers to founders to everyday people, everyone seemed to be saying the same thing: deep gratitude for the reforms of the last decade and real optimism about what the next 14 years could mean, especially with the private sector playing a stronger role”. Bello’s views reflect that of many Nigerians who have recently been holidaying in Benin.

As if to let me know that my perception of Benin from that 2000 visit wasn’t unique to me, Bello had more to say around that. “This trip also changed some long-held perceptions for me. Growing up just across the Sèmè border from Cotonou, Benin always felt like a quiet village next door. That picture stayed with me for years. This time, it was unrecognizable. I travelled well beyond Cotonou into other towns and rural parts of the country, and it was clear that something deeper is going on. There was a sense of coherence — policies actually translating into infrastructure and execution”. He said a lot more but more references from him and I could be in danger of writing his name as the author here. There is something about the Benin story, the coup apart, that should make for some reflection for our own country. Benin is a country of about 15 million people. That’d place it behind Kano

and Lagos compared to Nigerian States. It is a country considerably less than 10 percent of Nigeria’s population. I think this country’s advancement in the last decade is one more proof that smaller states are easier to manage when it comes to development. Nigeria will thrive amidst some sound reforms but only just. Our opportunity lies in the states. We need to find a way to make everyone choose and do what's best for themselves, whilst the centre handles essentials like national defense and foreign affairs, currency and international trade, interstate engagement and foreign trade and other such matters the states believe will be best handled by the centre. The future of Nigeria is more devolution.

This is why Ondo State’s lethargy grates on me. It is one of Nigeria’s most endowed states when it comes to human and mineral resources. Whilst resident in Lagos, I grew up feeling proud that I have my origins there, because most of the indices I followed at the time saw it looking competitive. This was the case since the days of Governor Olusegun Mimiko.

Governor Lucky Aiyedatiwa needs to reorder his standards. It's been two years since he was sworn in and one cannot say this is his stand-out idea or project. I was hoping the 2026 budget would reflect that, but it falls short. Naming a budget, "Budget of Economic Consolidation", yet allocating less than 60 percent of same to capital projects suggests anything but consolidation, except something else other than sustainable development is intended to be consolidated. One of my earliest memories as a child was noting that the glass tables in our seating rooms had the "OGC" logo, Oluwa Glass Company. The name stuck. I became an adult to find out that it was a company that once thrived in Ondo State, amidst others, and is now no more. I am not a believer in government starting companies but a focused government will advance the policies and also build the infrastructure to spur industrialisation.

There are a number of opportunities to tap into. The state government should be developing infrastructure around the Coastal Road Project being built by the FG. Ondo's tourism potential remains untapped.

Omojuwa is chief strategist, Alpha Reach/BGX Publishing

Onyeali-Ikpe, chief executive of Fidelity Bank, did the right thing, contends PAT ONUKWULI

A CALL FOR DISCLOSURE REFORM

Nigeria’s capital market stands at a critical juncture, not due to a crisis, but because a recent, lawful executive share purchase exposed the vulnerability of its financial-disclosure framework. The episode involved Dr. Nneka Onyeali-Ikpe, Managing Director and CEO of Fidelity Bank Plc, whose leadership has achieved significant institutional progress. However, it was not her performance but a compliant personal investment in her own bank that highlighted how urgently Nigeria needs to modernise its insider-trading and executive-disclosure systems.

In a more developed market, her transaction, carried out during an open window, funded solely from personal resources, and verified by NGX RegCo as free from any undisclosed pricesensitive information, would have been commonplace. However, in Nigeria, it sparked speculation. Not because anything improper took place, but because the country’s disclosure system remains too slow, too opaque, and too fragmented to foster automatic public trust. This moment, therefore, should not be squandered. It offers the clearest example yet for comprehensive structural reform.

Before addressing the necessary reforms, a further disclosure is appropriate: the author was her primary school classmate in post-war Aba, where her mother was their class teacher, a detail some might interpret as bias. However, this works against that assumption. It neither softens nor influences the argument; instead, it strengthens it. Even then, she carried a quiet, organised purpose that, in hindsight, marked her as destined for greatness. The value of that memory lies not in nostalgia but in continuity: the composure seen in that modest classroom is the same calm with which she now meets scrutiny, never with defensiveness. Nevertheless, personal integrity and equanimity cannot remedy a national regulatory gap.

Regrettably, Nigeria’s financial disclosure system remains rooted in a previous era, when markets operated more slowly, information was shared selectively, and public assumptions played a minor role. Today’s market is faster, more disorderly, and much more inclusive. A disclosure approach based on delayed filings and scattered announcements not only inconveniences investors but also undermines the trust that sustains investor confidence.

Her record speaks with the authority of facts: transforming Fidelity Bank into a high-performing institution through innovations such as Pay Gate Plus and FITCC, strengthening SME financing, and embedding governance practices through disciplined, strategic stewardship. This highlights the figures: profit before tax increased from N25.22 billion at the start of her tenure to N122 billion by 2023, then soared to N385.2 billion in 2024, a 210 per cent year-on-year rise, with the first quarter of 2025 reaching N105.8 billion through earnings, efficiency, and innovation. In a sector characterised by rapid change

and entrenched male dominance, she has succeeded by aligning strategy with transparency and innovation.

Yet, despite these empirical achievements, public debate was quickly overshadowed by the simplest of governance actions: a CEO purchasing shares in her own institution. That such a routine and lawful transaction could provoke controversy is not evidence of market ignorance; it highlights regulatory inadequacy. The issue is structural, not behavioural. What the Nigerian Stock Exchange (NGX) and its regulators must now prioritise are reforms that ensure transparency is immediate, verifiable, and unambiguous.

A key starting point is the timing of disclosure. Insider transactions must adopt a true T+1 reporting standard, ensuring the market is informed within one business day. The NGX’s move to T+2 settlement on 28 November 2025 is commendable and indicates progress; however, it does not eliminate the need for further investment to attain T+1 reporting, a vital benchmark in mature markets. Until Nigeria adopts that standard, the information gaps that allow speculation will persist.

A one-day reporting requirement would close the information gap that enables rumours to spread, because in modern markets, time is not just procedural but also ethical. Delayed information strains integrity. To achieve this, Nigeria needs a unified, regulator-owned digital portal that displays all insider transactions in real time, eliminating the complexity of scattered filings. Implementing mandatory pre-trade notifications for senior executives would shift transparency from reactive after-thefact measures to proactive prevention, thereby safeguarding both the market and the individuals involved.

Equally important is a cultural recalibration regarding executive share ownership. Purchasing shares in one’s own institution is not inappropriate; rather, it is a sign of long-term confidence, commonly encouraged in developed markets. Reflexive suspicion discourages commitment and unintentionally fosters detachment. Ongoing public education on insider trading regulations is therefore vital; a disclosure system’s effectiveness depends on the public’s ability to comprehend it, and without continuous guidance, misunderstandings will persist and become damaging.

Dr. Onukwuli is a legal scholar and public affairs analyst. patonukwuli2003@yahoo.co.uk

Editor, Editorial Page PETER ISHAKA

Email peter.ishaka@thisdaylive.com

THE MERCHANTS OF HUMAN PARTS

All

stakeholders should do more to contain the scourge

The latest, and most heinous, dimension to human trafficking in Nigeria is that there are merchants who invest in harvesting human organs which have become a lucrative enterprise. With so many people in need of kidney, liver, and heart transplants, records reveal that these organs are in high demand, especially in developed countries. And given the level of economic deprivation in the country, it is also no surprise that there are many willing customers. There is therefore a need for collaborative efforts by the relevant local agencies, state government, and the international partners in order to successfully tackle this most heinous menace.

Last weekend, a hotel and private mortuary were sealed by the authorities in Imo State after discovering decomposed and mutilated corpses in unhygienic conditions, raising suspicions of illegal organ-harvesting activities.

ularly the head and sexual organs, for money-making rituals. And they are all over the country. Indeed, incidents of ritual killings are said to account for a large number of missing people in the country.

Meanwhile, it is difficult to prove that these sacrifices, done at the instruction of some crafty traditional medicine practitioners and witch doctors, can actually catapult people from penury into instant wealth. But that is the superstition driving the orgy of violence to get these assorted body parts. At least, for now, there is no single person that can be named to have become rich because of human sacrifices, except the characters in some Nollywood movies. So, to that extent, ritual killing remains largely a crime driven by ignorance and poverty.

We must all pull resources together to effectively tackle the human trafficking scourge and its allied crime of organ trafficking

“A hotel and a private mortuary owned by the suspect, allegedly used by kidnappers and violent criminals, were inspected,” according to the State Police Command spokesman, DSP Okoye Henry. “Following these discoveries, both the hotel and mortuary were sealed on the directive of the State Government. The suspect’s residence was also searched, and crucial exhibits were recovered.”

Due to the prevailing economic situation in the country, ritual killing mostly for money is becoming rampant among young people. Many students of tertiary institutions are now involved in these killings called ‘Yahoo Plus’. Even though the belief lacks common sense, perpetrators indulge in these bestial acts for the purpose of making “instant wealth” or what some have aptly dubbed “blood money”. The murderers, sometimes called headhunters, go to any extent in search of body parts, partic-

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Letters to the Editor

What is, however, clear is that this is a law-and-order failure. Indeed, the increasing cases of abduction and killing of many innocent men, women and children is a poignant reminder that the police and the other security agencies have not sent a forceful message on what awaits the perpetrators of such heinous crime. The largely indifferent treatment to those caught has more or less encouraged the commitment of more crime. This is an issue that the relevant authorities have to deal with very quickly. There is also an urgent need for enlightenment campaigns to put a lie to the erroneous belief that money can grow out of the body parts of murdered people. It is time we put an end to these barbaric killings. Critical stakeholders can no longer continue to watch from the sidelines while unscrupulous people classify fellow human beings as commodities and benefit from their ignorance, desperation and, sometimes, greed. Beyond mere lamentation, we must all pull resources together to effectively tackle the human trafficking scourge and its allied crime of organ trafficking.

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

INDIGENOUS LANGUAGES AS MODES OF INSTRUCTION IN SCHOOLS

A man who cannot speak his native language is a cultural alien; and as such, he cannot be socialized into his people's culture. Language, we know, belongs to the non-material aspect of culture. So, idioms and proverbs, which are inherent in a language, help to mould the personalities of young people within a cultural setting where the language is spoken.

So, a man who cannot speak his native language is not moored to his people's culture. He is an outsider in his own cultural milieu.

However, a young person's mastery of his native tongue will enhance his cognitive ability and his understanding of his immediate natural environment. Studies carried out by scholars show the advantages of teaching school children in their mother tongues during their formative years.

Those studies show that when school children are

taught in their native languages they will understand complex concepts and phenomena, easily. And the experiments carried out in Yoruba land by scholars in the area of education psychology have proved that kids taught in Yoruba language in the southwest of Nigeria performed exceedingly well. The results of those studies have fuelled the agitation for the adoption of the educational policy that stipulates that school children should be taught in their native tongues.

But that proposed educational policy has its disadvantages, too. Although it is being romanticized by advocates of the use of indigenous languages as modes of instruction in our schools, it has numerous downsides, which demand dispassionate evaluation and dissection.

Are all Nigerian languages so developed that they have words for terms used in all specialized areas of learning? And do dialects in a language, such as Igbo, have a com-

mon orthography? The answers to these questions are categorical No.

Therefore, imparting knowledge to school children, who speak different dialects of a language, will be a difficult task for a teacher, as the children will find the teacher's teaching unintelligible. For example, some Igbo people cannot understand Igbo language dialects but their own dialect. So it can be seen that most of our native languages are inadequate as modes of transmission of knowledge to school children.

Again, a public or private primary school located in a cosmopolitan city will have a population of pupils that is composed of diverse ethnic backgrounds. Such a school can be called a mini-Nigeria because most of our ethnic groups are represented there.

Chiedu Uche Okoye, Uruowulu-Obosi Anambra State

07034471123

RATES AS AT DEC E mb ER 11,2025

Experts have projected that Nigerian airlines would expend over $2 billion on aircraft maintenance overseas in 2026, despite availability of such facilities in Nigeria.

Currently, Nigeria has Maintenance, Repair and Overhaul (MRO) facilities, which include Aero Contractors’ Aircraft Maintenance Organisation (AMO), 7 Star Global Hangar, and Execujet

Aviation Group facility, but airlines still ferry their aircraft overseas for major checks.

The Managing Director of Aero Contractors, Captain Ado Sanusi, told THISDAY that Nigerian carriers take their aircraft overseas because the local maintenance facilities are yet to build the necessary capabilities that could enable them carry out major checks on many aircraft types.

“They are also yet to have

trained and experienced manpower to conduct high level maintenance services,” he said.

Sanusi who rebuilt the maintenance facility at Aero Contractors, told THISDAY that the facilities also needed skilled manpower, the right tooling and other critical equipment, disclosing that Aero Contractors is equipping its facility, training technical personnel and acquiring the needed tooling so as to be able to service different aircraft

types and embark on major checks in the foreseeable future.

“The reason why airlines still take their aircraft overseas for maintenance is because the facilities in Nigeria are yet to have the capabilities, trained personnel and tooling required to conduct major checks. Aero is expanding its facility, it has sent engineers overseas for training. So, the major requirement is not just the facility but the right

personnel and tooling,” he said.

He also said the facilities in Nigeria must have the capability to conduct engine overhaul, auxiliary power unit (APU) overhaul, landing gear, avionics and others; “so, the facility operator must have trained personnel with experience to be able to conduct major checks in Nigeria.”

“When you build the capability, you train your personnel, you need experienced engineers,

then you build trust so that airlines can trust you with their aircraft. At Aero Contractors, we are getting the tools, training our personnel and we are creating jobs. We have continued to create jobs and we are putting people in specialised arears like avionics, air frame, hydraulics. We are building capacity and acquired Ground Support Equipment (GSE),” he said.

Dike Onwuamaeze

The Tertiary Education Trust Fund (TETFund) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have signed a landmark Memorandum of Understanding (MoU) in Abuja on Wednesday that would ensure that research and innovation

emerging from Nigeria’s tertiary institutions are effectively applied to real industry needs.

The MOU marked the beginning of a strategic collaboration that is designed to align academic research with industry demands, support innovation-driven enterprises and startups and strengthen national skills development.

The Executive Secretary of TETFund, Mr. Sonny T. Echono, highlighted that the partnership evolved from NACCIMA’s proactive engagement to explore new areas of collaboration.

Echono said: “This MoU provides a robust framework to promote industry-relevant research, build dynamic innovation ecosystems, and create

practical opportunities for students and researchers through industrial exposure, training, and mentorship.”

Speaking in the same vein, the National President of NACCIMA, Dr. Jani Ibrahim, described the MoU as a significant step toward bridging the long-standing gap between academia and industry.

Ibrahim said: “Nigeria’s

Market data a s at t hursday, de Ce

economic competitiveness must be anchored on knowledge, technology, skills, and enterprise.”

He noted that this partnership would strengthen “the national skills pipeline, supports startup development, and enhances productivity across sectors.”

According to TETFund and NACCIMA, this partnership would deliver

tangible benefits, including joint innovation through collaborative research projects, establishment of industry-focused research and incubation centres, expanded opportunities for internships and industrial attachments and promotion of technology transfer and digital economy initiatives.

The story continues online on www.thisdaylive.com The story continues online on www.thisdaylive.com

Chinedu Eze

FCMB Asset Management’s Rating

Upgraded to A(IM) by Agusto & Co.

Kayode tokede

FCMB Asset Management Limited (FCMBAM), the Asset Management arm of FCMB Group Plc, has received a rating upgrade, from A-(IM) to A(IM) Investment Manager rating, from Agusto & Co., a leading pan-African credit rating agency.

The rating upgrade

reflects FCMBAM’s continued strengthening of its investment management processes, robust research capability, disciplined governance framework, and the depth of experience within its decision-making committees. It also underscores the company’s strong institutional backing as part of the FCMB Group, one of Nigeria’s foremost

financial services groups.

Commenting on the rating upgrade, the Chief Executive Officer of FCMB Asset Management Limited, Mr James Ilori, in a statement said, “This upgrade to an A(IM) rating is an important validation of the discipline, transparency, and professionalism that underpin our investment philosophy.

FAAN MD Gets Award for Airport Infrastructural Renewal

Stories by Chinedu Eze

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi has been honoured with the Centre for International Advanced and Professional Studies (CIAPS) 2025 Excellence Award.

She was awarded for her exemplary leadership

and transformation of the Nigerian airport landscape since her assumption of office two years ago.

The organisation, at its End-of-the-Year Public Lecture, Awards Ceremony & Cocktail, said the honour reflected Kuku’s consistent commitment to excellence, her strategic contributions to national development, and her

unwavering dedication to raising standards within the aviation industry.

According to CIAPS, the 2025 edition of the Excellence Awards focuses on celebrating individuals whose influence transcends their immediate roles and contributes meaningfully to broader societal advancement.

NAHCO Fetes Stakeholders, Commends Partners

The Nigerian Aviation Handling Company Plc (nahco aviance) has attributed its recordbreaking strides in the industry to the support and cooperation of its partners.

The company made the statement in an evening it brought its customers and other stakeholders together to thank them for their continued support and collaboration.

NAHCO, which organised the stakeholders’ dinner for its partner airlines, cargo agents, regulators and other stakeholders Friday, December 5, 2025, thanked its stakeholders for their support.

The Chairman, Board of Directors of the company, Dr. Seinde Oladapo Fadeni declared that NAHCO valued all its clients, adding,

“we just cannot thank you enough. You are the reason NAHCO is doing so well and setting the standard in the entire sub-region.” Fadeni reaffirmed NAHCO’s commitment to enhanced service quality while assuring that the Company is actively implementing measures to maintain and further improve its service delivery.

SERAS: LFZ Emerge ‘Best in Environmental Stewardship’ Firm

Lagos Free Zone (LFZ), a leading industrial and commercial hub in Nigeria, has won the esteemed ‘Best in Environmental Stewardship’ award at the 2025 Sustainability Enterprise and Responsibility Awards (SERAS), held on Saturday, November 29, 2025, at the

Oriental Hotel, Victoria Island, Lagos.

Commenting on the recognition, Managing Director/Chief Executive Officer, Lagos Free Zone, Adesuwa Ladoja, noted that the award reflects LFZ’s industry-leading commitment to building a sustainable industrial ecosystem anchored on responsible resource

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management, climateconscious infrastructure, robust environmental governance, and community-centred stewardship initiatives.

Ladoja added that the award underscores Lagos Free Zone’s long-term vision of creating an environmentally resilient and globally competitive industrial hub.

Roberts Honoured at 2025 FATE Alumni

CEO of Dataleum, Bode Roberts, was named the 2025 FATE Alumni Model Entrepreneur (FAME) Award winner by FATE Foundation, recognising his exceptional leadership, innovation, and sustained impact on Nigeria’s entrepreneurial ecosystem.

The FAME Award recognises FATE Foundation alumni who

demonstrate exemplary business leadership, ethical practice and significant contribution to community development.

“Receiving the 2025 FATE Alumni Model Entrepreneur Award is a profound honour. The recognition belongs to my team, our mentors and partners, and the many entrepreneurs who have shared this journey.

Of Inflation and Purchasing Power

Given the trajectory of the impact of inflation on consumer purchasing power, it is likely that the year 2026 will face economic obstacles that have impacted 2025.

Chief Economist, SPM Professionals, Dr. Paul Alaje, who gave an insight into the inflationary trends in Nigeria, said inflation would persist in 2026 because it had already been rooted in Nigeria’s security challenges, causing disruption in production and currency instability.

Alaje, who was Guest of Honour at Lagos Country Club Business Forum, which held recently in Lagos, made a presentation on Inflation, Cost of Living, and Consumer Purchasing Power, where he alluded to the rising cost commodities across all sectors of the economy. According to him, such rise in cost of commodities will persist in 2026, and will significantly affect household wellbeing, noting that inflation is the reason for the general rise in prices over time, and has eroded values of money, impacted savings, consumption, and investment.

Alaje identified types of inflation in Nigeria to include structural inflation, cost-push inflation, imported inflation and exchange rates because of Nigeria’s high dependence on imported goods.

“As insecurity persists into 2026, it will impact on food production and distribution, which indicates that costs may not come down in the foreseeable future; unless security improves in the country.

“There are structural challenges at the core, caused by low productivity vis-a-vis consumption level, limited manufacturing depth and dependence on imported essentials. In the area of logistics, there is higher transport cost across states, checkpoints, division, and risk premiums, food inflation heavily influenced by insecurity,” Alaje said.

According to him, there is also the challenge of power supply inconsistency, high generator and diesel dependence and rising operational expenses for business. There are multiple taxes, which inflate prices, causing regulatory bottlenecks that

raise compliance costs and governance inefficiencies reflecting in market prices.

These factors, he said, would impact on households because they reduce purchasing power, forcing citizens to make adjustment on consumption habits and expose citizens to greater income insecurity. This also impacts on businesses, giving rise to margin compression, reduction in capacity expansion, as businesses shift toward survival-driven strategies.

Households already in the survival mode will have to prioritise essential spending, increase financial planning discipline and seeking additional income streams to sustain their lives, Alaje added. According to him, to ameliorate the situation, government macroeconomic priorities should strengthen agriculture value chains, improve security architecture, improve power supply and also adopt policy consistency as growth catalyst for the economy.

Alaje however expressed optimism about the future of the country, noting that Nigeria’s strength lies in the young, talented population, entrepreneurial energy and large domestic market.

“Challenges are real but not insurmountable, right policies can unlock significant growth, Nigeria has the capacity to rebound strongly,” Alaje further said.

Also, in his remarks at the forum, the Commissioner, Ministry of Wealth Creation and Employment, Lagos State, Akinyemi Ajigbotafe, said inflation eased in October 2025 from 18.02 per cent to 16.05 per cent, even though cost of living is still high.

“Food prices have dipped to 13.12 per cent year-on-year, but daily meals are now a calculated sacrifice. Ladies and Gentlemen, inflation in Nigeria is no abstract force; it is the thief in the night that steals from our collective future.

“In Lagos alone, where our state’s economy rivals that of the entire nation’s economy, the ripple effects are acute rising rents, transport fares, and food costs have compressed real incomes,” Ajigbotafe said.

the story continues online on www.thisdaylive.com

Chinedu Eze

Benson: N235bn Public Offer Will Boost Industrial Scale

Chief Financial Officer, Ellah Lakes, Hewett Benson, in this interview said the company’s N235 billion public offer is a catalyst for structurally stable financial footing and industrial scale. Raheem Akingbolu brings the excerpts:

Ellah Lakes is a diversified agro-industrial giant that launched a N235 billion Offer for Subscription. Can you briefly outline the core value proposition of the company and why this specific moment is the right time for this massive capital raise?

Ellah Lakes represents a rare convergence of land scale, integrated value chains, and a clear pipeline of industrial expansion.

Over the past few years, the Company has built one of the most significant land banks, while simultaneously laying the foundations for multi-crop and multi-product operations. Today, we are not simply a primary agriculture company, we are transitioning into a full agro-industrial platform with the ability to cultivate, process, refine, and distribute products across the palm oil, cassava, and livestock value chains.

The N235 billion raise comes at a strategic inflection point. The company has already secured the assets, developed the land, and designed the processing blueprint. What is needed now is catalytic capital to unlock industrial-scale productivity. Nigeria’s growing food and manufacturing demand, coupled with structural shortages in refined agricultural inputs, means the market opportunity has never been stronger.

The timing is intentional: the groundwork is done, the market is primed, and the company is prepared to convert its asset base into sustained, industrial-scale earnings.

The N12.50 per share price is the foundation of this offer. From a financial

stability and valuation standpoint, what specific components of the company’s operations and financials were prioritised in determining this issue price?

The N12.50 price is anchored on a valuation approach that prioritised tangible assets, near-term earnings capacity, and the scalability of the company’s operating

model. First, the valuation takes cognisance of the company’s extensive land bank (more than 30,000 hectares across multiple states) which provides an appreciating foundation to sustainable shareholder value creation. Most of the land is under development or close to yield-bearing stages, increasing the embedded value they carry.

Secondly, the valuation reflects the high-margin outputs expected from our processing expansion. Once operational, the palm oil mills, cassava processing plants, and livestock systems will generate refined products with substantially higher margins than raw agricultural outputs. The pricing therefore captures both the current net asset value of the Company and the near-term transformation of that asset base into industrial revenue.

Additionally, the issue price accounts for the Company’s significantly de-risked operational model. With diversified crops, multi-location assets, and a strategy built on integration rather than dependence on a single commodity, Ellah Lakes enters this raise with a structurally stable financial footing.

The facility upgrades and acquisitions are designed for a ‘step-change’ in operations. How will this investment allow Ellah Lakes to achieve best-in-class operational efficiency, and what magnitude of increase are you targeting in key metrics once the N235 billion is fully productive?

The investment introduces a structural shift in how Ellah Lakes operates. We are moving from a model that relies heavily on manual processes and fragmented supply chains into one governed by industrial automation, continuous processing, and seamless integration across all value chains. With upgraded facilities, extraction rates increase, processing downtime reduces, and throughput becomes significantly more efficient.

The story continues online on www.thisdaylive.com

Addressing Non-patronage, Claims Settlement in Insurance Sector

The Nigeria Insurance Industry Reform Act 2025, going by its stipulations on prompt claims settlement and policy holders’ protection has proffered solution to the lingering problems of delayed claims and lack of mass patronage of insurance, writes Ebere Nwoji

One of the major reforms introduced by the Nigerian Insurance Industry Reform Act (NIIRA2025), which both the insurance industry operators and members of insuring public will remember President Bola Ahmed Tinubu for even after his regime is the reform on Fast Claims Settlement and Streamlining of Claims Processing which will engender mass patronage of insurance.

Section 210 of NIIRA 2025 requires all insurers to adhere to strict deadlines for claims processing and payment. The section introduced specific provisions to ensure faster and more efficient payment of claims by insurers.

It requires all insurers to settle claims in writing by the insured or entitled parties within the timelines specified in the National Insurance Commission’s (NAICOM) Service Charter, but no later than 60 days of notification.

NIIRA said failure to comply with these requirements attracts a penalty, in addition to compound interest on the claim amount, to discourage unnecessary delays.

It enforces a “zero-tolerance” policy on delayed claims to restore public confidence in the insurance sector.

Section 211 is titled, “Claims settlement” in the Act’s table of contents.

The Act generally aims to streamline the claims process by introducing several measures, including in addition to enforcing a “zero-tolerance policy on delayed claims” to

restore public confidence in the insurance sector also expanding acceptable modes of communication to include electronic means, such as email, for delivering policy documents and potentially other claim-related communications, which aids efficiency.

Removing the requirement for a police report for motor accident claims, unless there is a death or serious bodily injury, provided there is sufficient proof of loss or damage. The act also has a definite stand on protection of policy holders’ interest.

Implication of the law

Sector observers said looking at the NIIRA stand on claims processes and payment in the industry, it has become obvious that if the insurers

themselves abide by this law, it will address the long-standing lack of public confidence and trust plaguing their business and reposition them favourably before the public for mass patronage.

On the part of the insuring public, sector analysts said the law has reduced burden of long procedure for claims processing and demand for unnecessary documents by the insurers which often lead to claims delay and denial.

According to them, what this means is that if the insurers should strictly abide by the law and the regulator awake to its duty of monitoring offenders and implementing the stated punitive measures, Nigerians will see insurance as a sector worth patronising

and Nigerian insurance sector will be like their counterparts in the western world in terms of good image and mass patronage.

Operators’ Concern

Before now, one of the worrisome problems of insurance sector operators, the sector regulatory body the National Insurance Commission (NAICOM) inclusive, has been how to win mass patronage to enable the sector increase profitability and contribute meaningfully to the GDP of the economy.

To achieve this, the operators had in the past years applied strategies especially in the area of awareness creation on the benefits of insurance to an average Nigerian as well as pushed so many innovative products to attract Nigerians to patronise insurance.

They have also retooled their distribution channels migrating from use of physical agents popularly known as insurance foot soldiers to use of digital channels especially with the advent of insuretech firms to ensure that insurance products get to the door step of an average Nigerian.

But going by THISDAY’s findings, one major area where the insurers have always missed the link in connecting good number of Nigerians to their market is the claims settlement point as despite the huge number of claims annually paid by the sector, an average Nigerian still believes insurers do not pay claims.

The story continues online on www.thisdaylive.com

Benson

Edgebase at 20 Charts Path to Curb Evolving Tech Risks

Omolabake Fasogbon

Recognising increased cyber vulnerabilities that accompany technology evolution, Information and Communications Technology (ICT) firm,Edgebase Technologies Ltd is shifting its priorities to building proactive and scalable solutions that will drive efficient and safe adoption.

According to Global Cybersecurity Firm, Check Point Software Technologies in its newly released ‘African Perspectives on Cyber Security’ report, Africa faces a sharp rise in attacks driven by artificial intelligence, with Nigeria recording about 4,200 weekly attacks per organisation.

WACT-APMTerminals

West Africa Container Terminal-APM Terminals

Nigeria hosted its maiden Customer Excellence Awards and Dinner Night at Heliconia Park, Port Harcourt, Rivers State, last Thursday. The event brought together industry leaders, valued customers and partners to celebrate collaboration, innovation and shared success in Nigeria’s port sector.

The evening recognised customers for their resilience, loyalty and contributions to improving cargo flow and operational efficiency. It also served as a platform to reflect on achievements in 2025 and outline priorities for the year ahead.

In his welcome address, Managing Director of WACT-APM Terminals

Edgebase stated that this reality explained its future drive, building on its twodecade journey from a modest start-up to a one-stop technology provider serving sector as telecoms, financial institutions, and oil and gas, among others.

Speaking at a press briefing to commemorate the company’s 20th anniversary in Lagos,Managing Director of the firm, Joel Egbai disclosed further that emerging risks amid tech growth demand urgent investment in smart enterprise solutions and cyber- defence.

He said the firm presently leverages these challenges as an opportunity to improve its services and deepen digital uptake.

Nigeria, Jeethu Jose, expressed heartfelt appreciation to customers:

“Our customers have gone through phases with WACT, crushed hurdles and remained true and loyal to our terminal. Thank you for choosing us, thank you for staying with us, thank you for growing with WACT. Every day is a customer appreciation day, but today is special.”

He reaffirmed WACT’s commitment to continuous improvement and future investment:“We have invested $115 million in safety, security, technology and overall efficiency.”

CEO of APM Terminals Nigeria, Frederik Klinke, echoed this commitment and emphasised the central role of customers in driving progress:

“At APM Terminals, our customers are at the heart of everything we do. This year, we have seen improvements

Egbai stressed that the firm is fully positioned to respond decisively to Nigeria’s shifting digital risk landscape.

Reflecting on the company’s trajectory in the past two decades, the firm General Manager, Sales, Mrs Modupe Adesiyun said the company has remained focused on delivering value and confidence to partners, maintaining top-tier partnership with global Original Equipment Manufacturers (OEMs) like HP, Dell, Lenovo, and Microsoft and delivering optimal solutions to clients.

She cited system risks engendered by AI, prompting the firm to upgrade beyond hardware distribution to full-scale solution delivery.

in safety compliance, greater utilisation of new products and services and the introduction of new shipping lines at WACT. Every input from your teams impacts on us, they are the true winners.”

The Chief Commercial Officer, APM Terminals Nigeria, Westtar Kapito reiterated the company’s commitment to the customers: ‘’Our CustomerCentric Growth Strategy ensures every decision, solution, and innovation is designed with you and for you, because your success drives ours.’’

According to WACTAPM Terminals Nigeria Commercial Manager, Ismaila Badjie, the special occasion will be remembered in the historic relationship between WACT and its esteemed customers. He further encouraged the customers to not relent in providing their valuable feedback.

Firm Launches Credit Solution to Address Healthcare Financing Gap

Oluchi Chibuzor

Mytura, a Nigerian health-tech company, has unveiled MediLoan, a digital credit solution designed to prevent patients from abandoning medical care due to lack of funds and to improve liquidity for healthcare providers.

Speaking at the launch of the product in Lagos, recently, the CEO, MyItura, Shina Arogundade, said the platform was created to tackle Nigeria’s crippling out-of-pocket health expenditure.

According to him, over 70 percent of Nigerians fund their healthcare directly, while fewer than 10 percent have active health insurance.

Arogundade said the MediLoan initiative,

developed in partnership with CCHub, Data DSN and the Digital Impact Alliance offers patients immediate credit at the point of care, allowing treatment to commence without financial delays.

He explained that the goal is to ensure patients receive timely care while hospitals benefit from faster and more reliable payments.

“One in three Nigerians abandon healthcare due to cost.Patients no longer need to abandon care, and providers now have more liquidity to run their facilities,” he said.

Arogundade disclosed that Mytura previously onboarded over 150 healthcare providers and served 17,000 patients, but the new product aims for wider reach.

According to the Project Manager. CCHUB,

Jean Omefe, MediLoan has strong potential to bridge Nigeria’s healthcare access gap as one of nine startups supported under the Gates-funded Digital Public Infrastructure initiative.

Omefe stressed, “Greater government, corporate and donor support for innovationenabling organisations like CcHub would accelerate the growth of more health-tech solutions capable of bridging Nigeria’s healthcare access gap.”

On his part, Chief Operating Officer, Lifecentre Medical Services, Emmanuel Badejo, said that patients often delay urgent tests or treatments such as viral or bacterial infections because they cannot pay.

(Gabon),

Basrah

(Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

Oriarehu Bonny

DEEPENING NIGERIA’S CAPITAL MARKETS THROUGH KNOWLEDGE EXCHANGE

From left: Director-General, Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama; Executive Commissioner, Corporate Services, SEC Nigeria, Ms. Samiya Hassan Usman and Managing Director/CEO, InfraCredit, Mr. Chinua Azubike at the December 2025 Capital Market Committee Meeting held in Lagos,..recently

Stock Price Up 9.36% as Coy Halts Plan to Sell Nigerian Subsidiary

Kayode Tokede

The stock price of PZ Cusson Nigeria Plc, yesterday gained 9.36 per cent or N3.85 per share to close at N45.00 per share amid the Group decision to suspend the exit of its subsidiaries in Nigeria and other African countries.

The group in a statement obtained by THISDAY said it

is reversing its earlier plans to exit the African market, citing improved economic conditions in Nigeria and an estimated population growth that would support the multinational company’s operation.

The development, according to the company, is part of its “ambitious growth plans” to build a winning portfolio of locally loved brands, building on the improved momentum

achieved in recent years.

“The strategy is based on the significant long-term opportunity in Africa, where population is forecast to grow by more than 900 million over the next 25 years, representing over half of total global population growth,” the company said in a statement.

“Nigeria’s population alone is forecast to increase by over 100 million, further benefiting from urbanisation and rapidly

growing middle classes. Recent economic and currency trends have been more favourable, supporting strong, double-digit revenue growth in our Africa business in the first half of the financial year.”

The company’s board said it is confident that PZ Cussons is well placed to succeed through leveraging local insights and its brand heritage, adding that the firm will continue to benefit

from its scale in manufacturing and route-to-market expertise, particularly against a competitive landscape which has seen a number of multi-nationals exit the market in recent years.

As part of its strategic review, the company announced plans in April 2024 to sell a 50 percent equity interest in PZ Wilmar Limited, its non-core edible oils business in Nigeria, to Wilmar International Limited (“Wilmar”),

its joint venture partner, for a total consideration of $70 million. The firm said the transaction is expected to be completed shortly. The reversal in exit plans follows an impressive earnings performance of PZ Cussons Nigeria Plc in the first-quarter of 2025 when it reported a sharp comeback in profit buoyed by foreign exchange gains that helped offset rising costs and extend a sales rebound.

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

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

floor of the Nigerian Stock Exchange.

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

GUIDE TO DATA:

Date: All fund prices are quoted in Naira as at 04 December 2025, unless otherwise stated.

Offer price:

Inside the World of ezinne Dora okoro, Abia’s Trailblazing

Sports Ambassador, Philanthropist

ezinne dora Okoro, the abia State ambassador of Sports and founder of the widely recognised adihe Foundation, has devoted her career to empowering disadvantaged children in her Ozuitem community in bende Local Government area of abia State. a trained lawyer turned entrepreneur, sports agent, philanthropist and mother of three, she has steadily built a reputation for service, resilience and impact. In this exclusive interview, the Ozuitem-born advocate, who is also ceO of the adihe Foundation and an Fa-licensed football agent, speaks about her journey, her passion for education and youth development, her work in sports, and the values that continue to shape her life. victoria ojiako brings excerpts

Okay. Let me start from your birthday. You added another year to your age on December 3rd. How do you feel?

Ifeel very blessed. I am thankful to God Almighty for making me see yet another birthday. It has not been an easy journey, but He has been faithful. He has been so good to me and I am thankful to my Creator.

So, how has the journey been so far, in the past three to four decades?

Yeah, it has been beautiful. I have got three lovely boys, very responsible young boys. I am a daughter, I am a mother, I am a friend, I am a sister. I feel very blessed. And then, watching me grow is something I can’t thank God enough. He has been faithful.

So, how was your growing up?

I grew up with my mum. Basically, I was trained by my granny and my mum. I grew up in Aba, in Akure Grary. I learnt a whole lot of things from these powerful women. It has been good. I never lacked anything. I grew up fearing God, respecting my elders. That helped me a lot, a lot navigating through life. So far, so good, my growing up was amazing.

You studied Law in the popular Madonna University, but today you are into business. Do you have any regrets not practising as a lawyer?

No regret at all, because I got to do what I got to do. No regret at all. Yeah, a lot of people are looking up to me, a lot of kids. You know, a lot of people looking up to me. No regrets at all. No knowledge is lost. I gained a lot from studying law. I mean, but it is what it is. You just have to do what you have to do to balance the equation. And that was exactly what I did.

You are obviously one of the women that has done well in the last three decades. You have achieved a lot, both in real estate, you have given back to society, and in sports. What’s the motivation behind these?

It’s been very tough. You know, in the world of football, men have dominated this space. And then, for a woman like me… We have others, like the wife of the legend Eto’o. The wife is an FA sports agent. Then there are so many women out there, you know, trying to navigate through this space. Because we understand what the rhythm of football is all about. Because once you start to manage these players, you just have to have their interest at heart for them to know their fundamental rights in order to navigate through this journey. It’s been tough, very tough. But I am happy I made it this far. And there is this ongoing project, which I don’t want to speak more on until we are done with it. Then the world will know what we have been cooking.

Well, are you satisfied with the situation of Nigerian football or sports?

I don’t want to dabble into Nigerian sports because, for me, I mean, I don’t think it’s solely my business. But I think we are not yet ready. When we are ready, we will get things right.

In your experience, what are those things you think we should focus on to get things right?

I mean, to get things right, you have to

bring able, able hands, free of corruption and bribery. Getting people that are capable of doing this job, and they know the truth. So, that’s why I said I don’t want to dabble into it until we are ready. For now, we are not ready.

So, what’s the idea behind establishing the Foundation?

I mean, when my marriage crashed, I sat back, I had reflections on so many things. And I just feel that helping other kids grow will really help me to heal and to grow and to find peace, happiness again. And so, I went into it after my king installed me with the chief deskit title. And then they spoke about kids that need to be in school. And I volunteered. And ever since that, I have been doing what I need to do. So I am not the kind of person that comes to talk about all those things. But once in a while, we will talk about it because nobody forms this foundation. It’s solely my foundation. I am doing it on my own, and I am happy because God is here.

So, what is the focus of the foundation?

The foundation was established to help young kids, you know, who have basic education, both boys and girls. And then, for them to realise that education is the key and the source of life. That is the main focus, to watch them grow.

Is it restricted within your locality or is it a national cause?

For now, I am just doing it within my community. I am doing Bende Local Government Area. My mother is from Igbere. I am starting there. So the next move is going to be Ozuitem, still in Bende Local Government Area.

Naturally, women don’t seem to like football, so where and how did your interest in football begin?

We love football in my family. We talk about football a lot; my brother, mother and me. My mum is a lover of football. It’s a thing of the family.

Without any form of experience?

My brother is a lover of football; he knows practically everything about football. So, he tells me things and we read a lot. I also was able to gather a lot from my husband’s past experiences.

Let’s talk about your relationship with the state government and your position as the Ambassador of Sports in Abia State.

The governor is doing well. He is loved by the people. That is the most important thing: he is doing his job, the people love him. At least I travel—I have been travelling off and on to the East. I mean, we can all see what he has done there. You know, you can navigate from one point to the other. It’s a great achievement. I am happy.

I am happy for him, and he is loved by everyone, and I love him.

It was on the media that you parted ways with your husband. Can you share your own side of the story?

Actually, there is nothing much to say because it’s energy-draining. I have not brought my family out there on the internet or this social media space other than his football, our lifestyle, my fashion, and that’s it. You know, but I feel that relationship is not really a do-or-die affair. Everybody knows where it pinches and hurts them. And I don’t think we should all stay for one to die in it, because I have got three boys to train and I have to train them by myself.

What would you say is the best lesson you’ve learned in life as a person?

Life has taught me to be very strong. Not to cry over spilled milk. This life has built me, we have made so many mistakes and are still learning but I’ve become a very strong person. I am naturally a very sensitive person. In fact, growing up, I cried over little things; but right now, no. You hardly see me cry. I have learned to be a very strong person because this is what the world wants to see. They have built me that way and there is no going back. Football itself is not for babies, it’s for strong minds. If you’re not strong physically and mentally, you will be broken along the line.

Dora Okoro,

GTCO Fashion Weekend Ignites Creativity and Innovation

The recently concluded GTcO Fashion Weekend’s 8th edition shone brightly, celebrating creativity, enterprise, and innovation within africa’s thriving fashion ecosystem. Under the theme, “Fashion Is Freedom”, the event featured masterclasses, runway showcases, and marketplace exhibitions that highlighted the industry’s latest trends and talents as global fashion leaders shared their expertise, inspiring attendees with stories of perseverance and passion. MarY NNaH writes

The GTCO Fashion Weekend shines brightly in its 8th edition, celebrating creativity, enterprise, and innovation within Africa’s thriving fashion ecosystem. This vibrant event brings together global fashion leaders, designers, and enthusiasts to explore new trends, ideas, and opportunities. Under the theme “Fashion Is Freedom,” the event embodies the power of fashion as a tool for self-expression, identity, and economic empowerment. The theme also reflected the role of fashion as a tool of expression, identity, and economic empowerment. With masterclasses, runway showcases, and marketplace exhibitions, the GTCO Fashion Weekend provides a platform for creatives to learn, grow, and showcase their talents.

This year, attendees were treated to inspiring sessions with industry experts like Bianca Saunders, Jade Oyateru, and Melissa Butler, among others, as well as captivating performances from talented designers

The event featured a series of masterclasses, with the final masterclass on day two led by the renowned makeup artist Patrick Ta.

Patrick Ta’s masterclass was an immersive experience, delving into the intricacies of creating stunning, red-carpet looks. With his model in tow, he demonstrated the art of enhancing one’s features while maintaining a natural, effortless appearance. He emphasised the importance of skin preparation, using moisturizer to achieve a luminous base for makeup. His approach to contouring and highlighting showcased his signature glow, and his interactions with the audience made the session engaging and informative.

Throughout the masterclass, Patrick Ta shared a wealth of knowledge, covering various aspects of makeup artistry. He stressed that skin prep is key to achieving a smooth, even finish, and demonstrated how to use subtle contouring and highlighting to enhance the model’s features. He also shared his favorite eyeshadow palettes and techniques for creating a natural, everyday look, and emphasised the importance of choosing the right shade of blush to complement one’s skin tone.

Patrick Ta’s passion for his craft was palpable, and his enthusiasm was infectious. The audience was captivated by his energy and expertise, and many were inspired to pursue their own careers in the beauty industry.

He spoke about the importance of understanding individual skin types and tones, and how to tailor makeup applications to suit each person’s unique

features.

He also shared some of the challenges he has faced in his career and how he has overcome them.

The masterclass was not just about learning techniques; it was also about inspiration and motivation. Patrick Ta’s message of self-acceptance and self-love resonated with the audience, and he encouraged everyone to embrace their unique features and celebrate their individuality. His generosity and willingness to share his expertise were truly inspiring, and the audience left feeling motivated and empowered.

As Patrick Ta worked his magic on the model, he shared tips and tricks for achieving a flawless finish. He emphasised the importance of blending, blending, and blending again, to create a seamless look that enhances the features without looking too made-up. He also stressed the importance of setting the makeup to ensure it lasts all day and night.

The audience was fascinated by Patrick Ta’s techniques, and many were eager to try them out for themselves. He answered questions and offered personalised advice, sharing his expertise and experience with the audience.

Throughout the session, Patrick Ta’s love for his craft was evident. He spoke about the joy of creating art on the face, and the satisfaction of seeing a person’s confidence boost after a makeup application. He also spoke about the importance of staying true to oneself and not comparing one’s work to others.

His passion and enthusiasm were contagious, and the audience left feeling inspired and motivated to pursue their own passions.

As the masterclass came to a close, the audience was left in awe of Patrick Ta’s artistry and expertise. With its rich content, inspiring stories, and infectious energy, the masterclass was a highlight of the GTCO Fashion Weekend.

The previous day, which was day one of the GTCO Fashion Weekend, kicked off with a dynamic lineup of activities, featuring inspiring masterclasses from global fashion leaders Bianca Saunders, Jade Oyateru, and Melissa Butler, alongside captivating runway showcases and marketplace exhibitions.

Bianca Saunders explored cultural storytelling and design authenticity in building a global menswear label.

Jade Oyateru shared strategies on driving growth in African retail through innovation and customerfocused business models. Melissa Butler inspired attendees with her journey from a small start-up to a successful global beauty brand.

The runway came alive with standout showcases from designers including Ituen Basi, The Bam Collective, Sevon Dejana, Mmuso Maxwell, Mowalola, and Priya Ahluwalia, who unveiled bold collections that blended African heritage, sustainability, contemporary tailoring, and vibrant design innovation.

The event featured a vibrant marketplace where guests explored a wide range of apparel, accessories, and ready-to-wear pieces from both emerging and established fashion entrepreneurs, reinforcing the event’s mission to drive business growth and consumer engagement within Nigeria’s creative sector.

Renowned London-based menswear designer, Bianca Saunders, during her masterclass, spoke on the topic, “The Business of Creativity; Scaling a Fashion Brand Beyond Wholesale”, urging emerging fashion entrepreneurs to build their brands with purpose, financial discipline, and authenticity.

As the founder of an eponymous label that has garnered international acclaim for its innovative fusion of British tailoring and Jamaican heritage, Saunders shared her insights on navigating the complexities of the fashion industry.

Saunders emphasised that having a clear “why” is essential for any fashion entrepreneur. “You want to create something new but also with purpose,” she said. “What is the point of making it, to be stylish or to inspire people who speak to your world? Having a strong reason for what you do is really important.” This sense of purpose will not only guide the creative direction of the brand but also serve as a motivating force during challenging times.

Saunders also stressed the importance of financial discipline in building a successful fashion brand. “Fashion and money can go very quickly,” she cautioned. “It’s a very expensive industry. You need to be cautious about how you manage your finances, and only take loans when it’s necessary.”

This prudent approach will help entrepreneurs avoid financial pitfalls and ensure the long-term sustainability

of their brand.

In addition to purpose and financial discipline, Saunders emphasised the importance of authenticity and professionalism in building a fashion brand.

“Looking big doesn’t mean pretending,” she said. “It’s about being professional, from your visuals to how your brand aligns with others you aspire to stand beside.”

By presenting a cohesive and professional image, brands can establish trust with their audience and differentiate themselves in a crowded market.

Throughout her career, Saunders has faced numerous challenges, from building her brand from scratch to navigating the complexities of the fashion industry. However, her perseverance and dedication have paid off, with her label earning major global recognitions, including the ANDAM Grand Prix and the BFC/GQ Designer Fashion Fund.

Bianca Saunders’ insights offer valuable lessons for emerging fashion entrepreneurs. By building their brands with purpose, financial discipline, and authenticity, they can create a strong foundation for success and establish themselves as leaders in the industry. As the fashion landscape continues to evolve, brands need to stay true to their vision and values while adapting to the changing needs of their audience. With dedication and hard work, fashion entrepreneurs can achieve their goals and make a lasting impact on the industry.

On maintaining a professional brand image, Saunders encouraged small designers to project excellence through digital presence and presentation. “Looking big doesn’t mean pretending. It’s about being professional, from your visuals to how your brand aligns with others you aspire to stand beside,” she added.

As a successful designer, Saunders has earned major global recognition, and her collections have been widely praised for redefining masculinity and advancing gender-fluid aesthetics.

The GTCO Fashion Weekend’s masterclass session was an unforgettable experience, showcasing the artistry and expertise of some of the world’s top makeup artists. With rich content, inspiring stories, and infectious energy, the event was a celebration of creativity, innovation, and self-expression.

As the fashion industry continues to evolve, events like the GTCO Fashion Weekend play a crucial role in shaping its future, providing a platform for creatives to come together, learn, and grow. The masterclass epitomised the power of fashion to inspire and empower.

As the curtain closes on another successful edition, we can’t wait to see what’s in store for the next one.

Patrick Ta demonstrates his skills on a model while delivering a masterclass Models on the runway

ENTERPRISE RISK MANAGEMENT WORKSHOP...

L-R: Head of Training and Research, Chartered Risk Management Institute of Nigeria (CRMI), Akeem Adeniran; Executive Commissioner, Operations, Securities and Exchange Commission (SEC) Bola Ajomale; First Vice President, CRMI, Eneni Oduwole; Director, Risk Department, SEC, Daiyabu Kurfi, and Head, Clearing Risk Management, FMDQ Clear Limited, James Ayoor Daves, at a knowledge sharing workshop on enterprise risk management for capital market-regulated entities in Lagos…recently

Sanwo-Olu Reaffirms His Administration’s Commitment to Protect Lives and Property

Lagos State Governor, Mr Babajide Sanwo-Olu, yes- terday, urged all Nigerians, particularly the residents of the state to re-strategise and find a lasting solution to the country’s security challenges, noting that security of lives and property was a shared responsibility of government and the citizens.

Sanwo-Olu, therefore, reaffirmed his administration’s commitment to safeguarding the lives, property, investments and the future of Lagos and expressed readiness to collaborate and support

the federal government and other relevant security agen- cies to achieve a crime-free society.Sanwo-Olu spoke at the 19th Annual Town Hall Meeting on security with the governor with the theme, “Building Trust, Enhancing Security: A New Era of Security and Partnerships” held at Eko Hotels and Suites, Victoria Island, Lagos.

The Town Hall Meeting organised by the Lagos State Security Trust Fund (LSSTF) was attended by the Minister of Education,

Dr Tunji Alausa; serving and former public office holders; captains of industry; traditional, religious and political leaders; heads of security agencies and security personnel; and others.

The governor, in line with his administration’s commitment to ‘Security and Governance’, which is the sixth pillar of the THEMES+ Agenda, donated 100 operational vehicles to security agencies in the State to boost their operations in the State.

The vehicles were jointly procured by the Lagos State

Government and Conference 57, the association of the chairmen of 20 Local Government Areas and 37 Local Council Development Areas (LCDAs) in the State.

Governor Sanwo-Olu also announced a plan by renowned philanthropist, Sir Kensington Adebutu to build a brand-new headquarterspurpose-built for LSSTF, which would be completed and commissioned within 12 months.

He expressed gratitude to Adebutu for his plan to build the LSSTF Building, which he described as a

landmark contribution to Lagos’ long-term security infrastructure.

Sanwo-Olu further harped on the importance of col- laboration, saying every investment in security is a direct investment in peace, order and prosperity.

He said security cannot be left to the government alone but requires contributions from the private sector, community groups, and every resident of Lagos State.

“This year’s theme — “Building Trust, Enhancing Security: A New Era of Security and Partner-

US Lawmaker Introduces Bill to Pull US Out of NATO

Emmanuel Addeh in Abuja

Republican Representative, Thomas Massie of Kentucky, has announced that he had introduced a measure to remove the US from the North Atlantic Treaty Organisation (NATO), arguing that the decades-old alliance is obsolete, has been costly for American taxpayers and puts the nation at risk of engagement in foreign wars.

“NATO is a Cold War relic. The United States should withdraw from NATO and use that money to defend our country, not socialist countries. Today, I

introduced HR 6508 to end our NATO membership,” Massie said in a post on X.

GOP Rep. Anna Paulina Luna of Florida shared Massie’s post and wrote, “Co-sponsoring this.”

“NATO was created to counter the Soviet Union, which collapsed over 30 years ago. Since then, U.S. participation has cost taxpayers trillions of dollars and continues to risk U.S. involvement in foreign wars.

“Our Constitution did not authorise permanent foreign entanglements, something our Founding Fathers explicitly warned us against. America

should not be the world’s security blanket—especially when wealthy countries refuse to pay for their own defense,” Massie said, according to a press release.

Republican Senator Mike Lee of Utah introduced the “Not a Trusted Organisation Act,” or “NATO Act” in the Senate earlier this year — Massie is now fielding companion legislation in the House, Fox News reported.

Article 13 of the North Atlantic Treaty stipulates that “After the Treaty has been in force for 20 years, any Party may cease to be a Party one year after its

NNPCL/ NGC Gas Pipeline Explodes in Delta

Sylvester Idowu in Warri

A gas pipeline, being oper- ated by Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Gas Company (NGC) has alleg- edly exploded at the back of Ijaghala Community, Ugborodo in Warri South West Local Government Area of Delta State.

A community source said

yesterday that the explosion occurred at about 6.15pm on Wednesday.

“We heard a loud bang and by the time we rushed out, we saw that the gas pipeline was on fire”, he said.

A community leader, who preferred to be anonymous, disclosed that the explosion might be as a result of pressure released from gas manifold at Okigbe.

The manifold in Okigbe, connects Chevron, SHELL and NGC gas line.

A video of the incident sent to THISDAY showed residents of a fish camp closed to the scene fleeing the area.

They were said to be taking refuge at Ijaghala community even as there was no report of human casualties as at press time.

notice of denunciation has been given to the Government of the United States of America, which will inform the Governments of the other Parties of the deposit of each notice of denunciation,” the report said.

The proposal advanced by Lee and Massie would use this escape hatch to extract the U.S. from the longstanding NATO alliance.

“Consistent with Article 13 of the North Atlantic Treaty, done at Washington April 4, 1949, not later than 30 days after the date of the enactment of this Act, the President shall give notice of denunciation of the North Atlantic Treaty for purposes of withdrawing the United States from the North Atlantic Treaty Organisation,” the proposal declared.

ships” — reflects the very philosophy of the Lagos State Security Trust Fund and the direction of our administration.

“It speaks to the founda- tion upon which security thrives: trust in institutions, confidence in leadership, and shared responsibility between government and the“Thispeople.town hall meeting is a reaffirmation of our collective commitment to safeguarding lives, proper- ties, investments and the future of Lagos.

“It is an affirmation that the security of this state is not solely the responsibility of the government but a shared duty, a covenant between government, the private sector, communities, and every resident of this city.“In Lagos, our progress is strengthened by the wider reforms championed by President Bola Ahmed Tinubu, whose Renewed Hope Agenda places security at the center of Nigeria’s economic revitalisation.”

Tinubu Rejoices With Imo Gov, Uzodimma On 67th Birthday

President Bola Tinubu has felicitated Governor Hope Uzodimma of Imo State on the occasion of his 67th birthday describing him as a dependable ally.

The President in a birthday tribute issued on Thursday stated, inter alia: “Governor Hope Uzodimma of Imo State is the true representation of a progressive, both in ideal and action.

“As the ambassador of Renewed Hope, a beacon of unity and a force for positive change, Governor Uzodimma’s belief in Nigeria and its extraordinary possibili- ties is admirable. He talks of unity and acts to strengthen our bond and blur the artificial lines that separate us. He is a patriot through and through.

“His leadership style is expansive and correc- tive, accommodating and decisive. His choice as the

chairman of the Progressive Governors Forum attests to his broadmindedness and capacity to rally people together and inspire loyalty and“Electedcomradeship. in 2011 as a Senator to represent the people of Imo West Senatorial District, he delivered quality and impactful representation.

“Since he became governor in 2020, Imo State under his leadership has experienced steady progress.

Deji Elumoye in Abuja

DURING INAUGURATION OF FIRST COMMERCIAL FLIGHT TO EKITI...

L-R: Vice-Chancellor, Afe Babalola University , Prof. Elisabeta Olarinde; Ekiti State Governor, Mr. Biodun Oyebanji; his wife, Dr. Olayemi Oyebanji; Permanent Secretary, Federal Ministry of Aviation, Dr. Yakubu Adam; Leader of the Senate, Senator Opeyemi Bamidele; Chairman/CEO, United Nigeria Airlines, Prof. Obiora Okonkwo and Deputy Governor of Ekiti State, Chief Monisade Afuye at the inauguration of first commercial flight to Ekiti State Agro Airport, Ado Ekiti, Ekiti State on Wednesday.

Plans to add additional 14 planes to Enugu Air Car Assembly, Enugu Airport Concession to get N10bn each

The Enugu State Government says it has earmarked the sum of N10bn in the 2026 budget as the state’s equity contribution to the first phase of the 135.5km standard gauge rail it plans to build in the state.

This was made known during a press briefing by the Commissioner for Budget and Planning, Barr. Chris-Roberts Ozongwu, at the Nigerian Union of Journalists (NUJ) Press Centre, Enugu, onGovernorThursday.Mbah had on December 2, laid a N1.62trn 2026 budget, christened “Budget of Renewed Momentum” before the Enugu State House of Assembly.

The budget figure, which is a South East record and a 66.5 per cent increase over the N971bn revised 2025 budget, comprises N1.3trn Capital Expenditure, representing 80 per cent of the total budget

and N321.2bn Recurrent Expenditure, representing 20 per cent of the budget.

Breaking it down to journalists, Ozongwu said the rail project was in keeping with Governor Mbah’s campaign promise to evolve a multimodal transport system incorporating rail, tram and inland water services to complement existing road transportation in the state.

The rail project is also designed to terminate at doorsteps of the neighbouring states for easy continuation to enhance connectivity, especially among the South East States.

In the same vein, the government also plans to add additional 14 aircraft to increase the fleet of the state-owned airline, Enugu Air, to 20 planes by the end of 2025.

He explained that Enugu Air, which launched in July

2025 with three aircraft, had been quite lucrative, noting that the government had concluded plans to add three planes to the airline’s current fleet to bring it to six before the end of the year.

Other planned key expenditures in the transport in the coming year include a N10bn equity contribution to

the Akanu Ibiam International Airport concession in line with Governor Mbah’s vision to make Enugu a West African regional aviation and logistics hub.

Ozongwu added that the government had also earmarked another N10bn for vehicle manufacturing programme that would see

the state procure and have assembled in Enugu a total of 2,100 taxis for the administration’s youth empowerment scheme and the Distress Response Squad, DRS, the state’s special police unit.

He said the government was confident that the 2026 budget would outperform the 2025 budget, adding that

Mbah runs the state with a private sector mentality. He added that the allocation of 51.1 per cent and 40.1 per cent of the total budget to the economic sector and social sector, respectively, underscored the administration’s commitment to private sector-driven economic growth and human development.

Tor Tiv to Honour APC National Chairman, Nentawe Yilwatda, Wife, with Historic Chieftaincy Title

Sunday Ehigiator

The Tor Tiv, His Royal Majesty Orchivirigh, Prof. James Ortese Ayatse, is set to confer one of Tivland’s prestigious traditional titles; ‘Zegembar-U-Tiv’, on the National Chairman of the All Progressives Congress (APC), Prof. Nentawe Goshwe Yilwatda, and his wife, Dr.

UNIJOS Graduates 60,000, Celebrates Golden Jubilee

Mourns eight student leaders killed in road crash

The University of Jos has pro- duced 60,000 graduands that would bag various certificates and degrees in its 35th and 36th combined convocation and golden jubilee celebration. Sadly, in another develop- ment, eight student leaders of the university lost their lives on Thursday morning in a fatal automobile accident along the Zaria Road Stadium in Farin Gada Jos, Plateau State.

The victims were reportedly returning from a students’ welcome party when their vehicle apparently on high speed lost control and col- lided with a trailer, leaving the university community in shock and journalistsMeanwhile,mourning.addressing at a pre-convocation press conference, the Vice Chancellor of the university, Professor Tanko Ishaya gave a breakdown of the graduands as; 9236 diploma graduands,

37742 First degree, and 13, 023Prof.postgraduates. Ishaya said, “From our last combined convocation ceremonies held the penultimate year, UNIJOS has achieved a lot of great things that have gone a long way in shaping our future. These achievements, without a doubt, are products of collective efforts by our partners, friends, the government through some of its agencies, and spirited individuals who have been relentlessly supportive.

Martina Nentawe Yilwatda.

The ceremony, scheduled for Saturday, December 13, 2025, will take place at J.S. Tarka Stadium in Gboko, Benue State, a landmark venue for major cultural events in Tiv history.

According to an announcement from the Yilwatda family of Dungung in Kanke Local Government Area of Plateau State, the honour recognises the couple’s “outstanding contributions to national unity, social harmony, and

community development.”

Prof. Yilwatda, described as a bridge-builder and reform advocate with deep ties to the Tiv nation, has been widely acknowledged for championing peaceful coexistence across the Middle Belt.

His longstanding engage- ment with Tiv communities is seen as a key factor in the conferment of the revered title.

His wife, Dr. Martina Nentawe Yilwatda, is also being recognised “for her

leadership in education, gender empowerment and public“Herhealth.humanitarian work, particularly in supporting families and vulnerable groups, has earned her significant admiration within and beyond Plateau State.”

The event is expected to attract traditional rulers, political leaders, community stakeholders, and well-wishers from across Nigeria and abroad.

GBV: FCT Community Records Zero Tolerance in Two Years

Kuni Tyessi in Abuja

As 16 Days of activism against Gender-based Violence, GBV, ends in the Federal Capital Territory, Karonmajigi Community in Abuja Municipal Area Council, AMAC, of the Federal Capital Territory, has recorded zero tolerance for Gender-Based Violence, GBV, within the past two years.

The Hakimi of Karonmajigi, Yunusa Abdullahi Bako, made

this known in his palace, during a sensitization rally to mark the end of 16 Days Activism against Gender-Based Violence in the Federal Capital Territory.

According to the royal father, he has put in place, a work- able mechanism to sensitize and enforce zero tolerance for Gender-Based Violence within the community.

“I would like to appreciate the Mandate Secretary of FCT Women Affairs Secretariat, Dr.

Benjamins-Laniyi, for bringing this initiative to all women and children in this community.

“Here in Karonmajigi, we don’t have any issue of GenderBased Violence in the past two years, because we have some regulations that prohibit any form of Gender-Based Violence, and we have also set up a team to help enforce the regulations. Am trying my best to ensure the that GBV would not continue in this community”, Bako said.

Seriki Adinoyi and Yemi Kosoko in Jos

PHOTO: OFFICE OF THE LEADER OF THE SENATE

20TH ANNIVERSARY CELEBRATION OF EDGEBASE TECHNOLOGIES LTD...

L-R: Head, Human Capital Management, Edgebase Technologies Ltd, Kola Afolabi; General Manager, Edgebase Technologies Ltd, Modupe Adesiyun; and Team Lead, Operations, Edgebase Technologies Ltd, Adeyinka Alade, during the media briefing to announce the 20th anniversary celebration of Edgebase Technologies Ltd, in Lagos...recently

Why We Could Not Help Fubara Before He Eventually Defected to APC, PDP Explains

Bauchi gov refutes plan to dump PDP for PRP Defectors now ‘onlookers’

Chuks Okocha in Abuja, Segun Awofadeji in Bauchi and James Sowole in Abeokuta

The leadership of the Peoples Democratic Party (PDP),yesterday, explained why the party did not defend the

Rivers State governor, Siminalayi Fubara during the days of his travails before he finally defected to the All Progressives Congress (APC), saying the governor was culpable in the fate that befell him.

Similarly, the Bauchi State

Governor, Senator Bala Abdukadir Mohammed, has refuted alleged plans to defect to the Peoples Redemption Party (PRP), describing it as false, malicious and unfounded.

In. another development, the Chairman of the Peoples

Democratic Party (PDP) in Ogun State, Hon. Abayomi Tella,has said politicians, who dumped the party for the All Progressives Congress (APC), have become “onlookers” in the ruling party.

One of the reasons the

Nigerian Army Graduates 60 Battle-ready Soldiers to Bolster North West Operation

Onuminya Innocent in Sokoto

The Nigerian Army’s 8 Division and Sector 2 Joint Task Force (JTF) North West Operation FANSAN YAMMA (OPFY) marked the graduation of 60 soldiers from its Fourth Quarter Basic Battle Course, reinforcing the formation’s operational strength in the volatile northwest.

The nine week intensive programme, designed to instil “warrior ethos” and

sharpen combat effectiveness, culminated in a live fire demonstration witnessed by formation commanders, staff officers and invited guests.

The graduating soldiers, drawn from various units within the division, displayed newly acquired tactics, weapon handling and team coordination skills that were expected to enhance field operations against banditry and insurgency in Sokoto, Kebbi and Zamfara states.

Addressing the graduates, the General Officer Commanding (GOC) 8 Division and Commander Sector 2 JTF NW OPFY, Major General Ibikunle Ademola Ajose, praised the progress made by the Division Training School.

“We are proud of the significant improvements in infrastructure and training which are producing tangible results in the field,” the GOC said.

He urged the fresh soldiers

Tinubu Commends UNDP, EU, Others for Supporting 3MTT Project

Oghenevwede Ohwovoriole in Abuja

President Bola Ahmed Tinubu has commended the United Nations Develop- mentProgramme (UNDP), European Union (EU), and other developments for their support in the actualisation of the 3 Million Technical Talent (3MTT) programme.

3MTT programme is a critical part of the Renewed

Hope agenda, aimed at build- ing Nigeria’s technical talent backbone to power the digital economy and position Nigeria as a net talent exporter. Tinubu, who was repre- sented by the Secretary to the ago Government of the Federation (SGF), Sen. George Akume at the 3MTT National Impact Summit, Thursday in Abuja, applauded the development partners and the private sector for giving

the programme depth and credibility.

He said, “I also recognise the private sector and devel- opment partners who have given this programme depth and credibility. IHS Towers, MTN Nigeria, Airtel Nigeria, Google, Microsoft, Huawei, Moniepoint, the United Nations Development Programme and the European Union have each played a part in moving this initiative forward.”

to “apply their new skills and act as mentors to their colleagues,” adding: “Share your knowledge especially in weapon and live arms drills and let your discipline be an example to others.”

The Acting Division Training Officer, Lieutenant Colonel David Ezebuche, explained that the course went beyond tactics.

in APC, says Ogun chair

reasons Fubara gave for his defection was that the PDP abandoned him when he was in trouble with the Minister of the Federal Capital Territory, Nyesom

However,Wike. the new National Publicity Secretary of the PDP, Ini Ememobong, said, “I spoke to some governors, especially Governor Bala, asking what happened.“Governor Bala said, ‘Look, we were ready and we have deployed at some points, but the governor would either remain incommunicado or will say ‘don’t worry, we would handle it’. So, volenti non fit injuria—you cannot do harm to a consenting person.

‘’So while he has our sympathies, the attempt to shift blame is what we are very angry with. There’s no need shifting the blame. When you get into a voluntary agreement... till today he has not said what

agreement he got into.

‘’He has not really told Rivers people or us on camera or confided in anyone what the real issues are. So while we sympathise with him —and we know that this is a situation where Stockholm syndrome has happened, where a captive has fallen in love with the captor — we frown against that conscious amnesia where he picks and chooses where the blame should be. He knows where the origin of his problem is.’’

On the difference between the defection of the Osun State Governor, Ademola Adeleke and Fubara, he said, “No, we’re not giving excuses. We’re saying that both are circumstantial, and even the victims of the circumstances themselves had a role to play in the conflict that eventually engulfed them. So,we’re not making excuses.

NHRC Gives Human Rights Media Award to THISDAY Correspondent

The National Human Rights Commission (NHRC) has given THISDAY correspondent, Michael Olugbode its 2025 Human Rights Media Award. Also awarded in a special recognition marking its 30th Anniversary are Falmata Daniel of Premium Times and Emeka Amafor of TV 360. UNHCR and Dorothy Njemanze Foundation were also awarded for their contributions to human rights.

In a citation, Michael Olugbode was described as “a veteran Nigerian journalist whose career spans more than twenty-five years of dedi- cated service, distinguished reportage, and unwavering commitment to truth and public accountability.

A graduate of Business Administration, he began his professional journey with the Nigerian Tribune, where he was employed as a business correspondent.

“His career took a defin-

ing turn when he joined ThisDay Newspaper, one of Nigeria’s leading national dailies. Michael was posted to Maiduguri at a time when the Boko Haram insurgency was intensifying, and it was there that he produced some of his most impactful work.

“He covered the insurgency and its devastating humanitar- ian consequences with rare courage and empathy, bringing national and international attention to the plight of affected communities.

PHOTO; ABIODUN AJALA

Michael Olugbode in Abuja

CORPORATE WORLD AND AWARD NIGHT OF UNILAG ALUMNI...

L-R: Lagos State Commissioner for Housing, Hon. Moruf Akinderu-Fatai; Deputy Speaker, Lagos State House of Assembly, Hon. Mojisola Lasbat Meranda; Special Adviser to Lagos State Governor on Internal Audit, Dr. Oyeyemi Ayoola; and the Olowu of Owu Kingdom, HRM Oba Prof. Saka Matemilola, during the conferment of the Female Politician of the Year Award on Dr. Ayoola at the Maiden Dinner with the Corporate World and Award Night of the UNILAG Alumni Association, Lagos State Branch, held at Ikeja, Lagos... recently

Anti-Corruption Fight Has Derailed into Full-Blown Political Witch-Hunt, Says Atiku

Former Vice-President Atiku Abubakar, has warned that the nation’s anti-corruption war was dangerously sliding off course and mutating into a brazen political witch-hunt.

He cautioned the Economic and Financial Crimes Commission (EFCC) and other anti-graft bodies to purge themselves of partisan contamination before they permanently lose the trust

of Nigerians.

Reacting to the arrest and detention of former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, Atiku said in a statement from his media office in Abuja, yesterday, that the EFCC was straying far from the noble principles upon which it was created.

Instead of upholding justice, he said, the agency was now weaponising its powers to serve narrow political agendas.

REMI TINUBU: CUT MY HUSBAND SOME SLACK, WE ARE WORKING HARD TO KEEP NIGERIA SAFE

pride in what they ha and to view giving as an extension of gratitude.

Her words: “You’ve been eating before you got to this position. You’ve been wearing clothes before you got to this position. Own what you have; be proud of who you are; and then you will be able to share the favour God has given you.”

She stressed that the event was deliberately structured for children from modest backgrounds, not the children of ministers or top government officials.

“When I was First Lady before, I never invited ministers’ children, they have food to eat. This is for the people. We bring in children so that one day, if they become leaders, the picture is already planted in their minds,” she stated.

According to her, the event also served as cultural exposure for children, introducing them to new experiences and helping shape their aspirations.

“Some said they want to be soldiers, they see what is going on and are already planning how to help protect society in future,” she noted.

Describing the brunch as “a

really good day,” Mrs Tinubu said the children’s joy reflected the hope that still existed in theShecountry.added that their aspira- tions, including those who declared interest in joining the armed forces, showed that the next generation was already thinking about how to confront security threats.

“They are ready for you. Before you get me, I’m going to get you—that’s what they are saying. It’s a good day. We should celebrate,” she stated.

The first lady engaged the children in a reading session from her book, The Christmas Story, which creatively reimag- ined the story of Jesus’ birth featuring Nigerian characters.

“I wanted to create a Christmas story where the heroes are blacks, where children could see themselves in the story. We own this story with our rich culture and tradition,” the first ladySheexplained. stressed the importance of instilling pride in heritage and identity in the young ones, saying, “It is my culture that really gives me good self- esteem. I know who I am and whose I am.”

“The politicisation of corruption investigations has rendered the EFCC credibility suspect and rubbished the very ideals that inspired its establishment,” he said.

Atiku condemned what he described as the shamelessly selective pursuit of opposition figures like Malami, warning that such targeted harassment exposed the EFCC as an overzealous appendage of the ruling APC — one seemingly committed to imposing a one-party state on Nigeria.

He expressed shock that the EFCC suddenly became hyperactive the moment the African Democratic Congress (ADC) emerged as an opposition force, launching coordinated attacks on key figures such as Malami and Aminu Waziri Tambuwal, while conveniently ignoring glaring corruption cases involving allies of the ruling party.The Waziri Adamawa recalled how former governors with long-standing corruption cases were handsomely

rewarded with ministerial and ambassadorial appointments by President Tinubu—yet the EFCC looked away without protest.

“We expected the EFCC to voice its objection to the appointment of former governors with unresolved corruption allegations. But partisan loyalty prevailed over integrity,” Atiku said. He added that had Malami defected to the APC, the EFCC would have left him untouched, even if he had looted the entire CBN vault.

“Nigerians are watching in disbelief as an agency created to fight corruption willingly turns itself into a lapdog of the ruling APC—used to hound and destabilise credible opposition, while shielding political loyalists from accountability.

“The EFCC, now operating like a political rottweiler, is deployed to intimidate and coerce politicians into joining the APC. And once they bow to pressure, their corruption cases mysteriously vanish,” he said.

CITING LONG-TERM OPPORTUNITIES, PZ CUSSONS STOPS PLAN TO SELL ITS UNITS IN NIGERIA, OTHERS

business in the first half of the financial year,” the company added.

The Board said it was confident that PZ Cussons is well placed to succeed through leveraging local insights and its brand heritage, stressing that the business will continue to benefit from its scale in manufacturing and route-to-market expertise, particularly against a competitive landscape which has seen a number of multinationals exit the market in recentBesides,years.the company stated that nearly 80 per cent of Nigeria revenue is generated from brands holding number 1 or number 2 positions in theirGivencategories. the historic volatility of the Nigerian business and the inherent risk associated with operating in the market, the Group noted that it has put in place a set of operational and financial measures to reduce risk associated with any future currency volatility or business disruption.

These, according to the business organisation, largely relate to foreign exchange

management and to the generation and use of cash, explaining that adherence to these guardrails will be reviewed by the Group’s Board at all of its regular meetings.

The Group has previously announced its intention to divest about £30 million of surplus assets across the Group, of which the majority are in Africa. As part of the strategic review, the Group has identified about£7 million of further non-core assets in Africa, proceeds from which are expected to be realised during the current financial year.

In addition, the Group said it sees scope for further opportunities for property optimisation over time.

“More broadly, the Group will continue to take steps to simplify its business as it looks to drive its winning portfolio of locally-loved brands, with a focus on its core categories of Hygiene, Baby and Beauty,” the statement noted.

PZ Cussons said it will host a Capital Markets Event on February 11, 2026, on the day of its FY26 interim results. The

event, according to the firm, will provide more details on the growth plans for the Africa business and the correspond- ing guardrails, as well as the strategy to build a portfolio of winning, locally-loved brands.

Chief Executive Officer of PZ Cussons, Jonathan Myers, said: “Since embarking on the strategic review of Africa, we have identified or agreed the sale of non-core or surplus as- sets totalling over £70 million.

“This, combined with continued cash generation of the Group, has significantly strengthened our balance sheet.

After a thorough review of the remainder of the Africa business and careful evaluation of the offers received, the Board believes it is in the best interest of our stakeholders to retain the business.

“Africa is a market of great opportunity. Given PZ Cussons’ deep heritage there, and given the strength of our brands and operational capabilities, we are well-placed to win over the longer term. Benefitting from a more stable economic environment in recent months and with positive

fiscal reform, momentum in our Africa business is strong, with double-digit revenue growth in the first half of the financial year.

“ We will now look to build on this strong performance and extend our category leadership, with nearly 80 per cent of our revenue in Nigeria already coming from brands with number 1 or number 2 positions. With plans underpinned by appropriate guardrails – established to reduce risk and manage volatility – we are confident that we have a business that is set up for success.

“We expect Africa to be a significant contributor to overall Group revenue growth as we seek to build a winning portfolio of locally-loved brands, balanced between Developed and Emerging markets,” Myers said. Founded in 1884, PZ Cussons is a listed consumer goods business headquartered in Manchester, UK. It employs just under 2,500 people, with operations in Europe, Africa, Asia-Pacific and North America.

Chuks Okocha in Abuja

DURING THE INAUGURATION OF PATROL VEHICLES AT THE 19TH ANNUAL TOWN HALL MEETING ON SECURITY...

L-R: Alara of Ilara Epe, Oba Olufolarin Ogunsanwo; Commissioner of Police, Lagos Command, CP. Moshood Jimoh; Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun; Governor of Lagos State, Mr. Babajide Sanwo-Olu; President of Dangote Group, Alhaji Aliko Dangote; Minister of Education, Dr. Tunji Alausa and Executive Secretary/ CEO, Lagos State Security Trust Fund (LSSTF), Dr. Ayodele Ogunsan, during the inauguration of patrol vehicles at the 19th annual Town Hall meeting on Security with the Governor, themed “Building Trust, Enhancing Security: A New Era of Security and Partnerships”, held at the Eko Hotels and Suites, Victoria Island, Lagos, ... yesterday

Tuggar: Benin Example Should Be Norm to Safeguard Democracy in West Africa

Says talks ongoing with Burkina Faso for release of detained soldiers, plane

Michael Olugbode in Abuja

Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has expressed Nigeria’s willingness to move into any member country of Economic Community of West African States (ECOWAS) to quash any coup d’etat. He, however, insisted that

Nigeria’s intervention in Benin Republic should be the norm whenever democracy was threatened in the sub-region or Africa at large. The minister also revealed that there were ongoing talks to resolve the issue of Nigeria’s plane and soldiers detained in Burkina Faso.

Tuggar, who briefed journal-

ists in Abuja, yesterday, on the sideline of the ongoing 95th Ordinary Session of the ECOWAS Council of Minister meeting, said Nigeria would be happy to assist and support member states in distress.

The minister, who had his Beninese counterpart, Olushegun Adjadi Bakari by his side during the interaction

with journalists, was quick to add a caveat, saying such an intervention would have to be on request of the authorities of the distressed member state. He noted that such an intervention would be made possible when there was close working relations amongst members of the states, such as the one that existed

IN HISTORIC MOVE, FG UNVEILS NIGERIA’S GAS TRADING, PAYMENT SYSTEM

NMDPRA recognises that the true test of licensing JEX markets is not in the ceremony, but in the transformation it must deliver.

“To ensure that JEX succeeds as Nigeria’s pioneering gas trading, clearing and settlement platform, we will provide a firm, transparent and technology enabled regulatory framework under the PIA, giv- ing investors the certainty and confidence required to commit long term capital to the gas value chain.

“We will continue to work closely with our sister regula- tors, including the Securities and Exchange Commission (SEC) and key financial market institutions, harmonise market rules, standardise transaction contracts, and ensure that clearing and settlement ar- rangements meet the highest global standards,” he assured.

The National Security Adviser (NSA), Nuhu Ribadu, represented by his Special Ad- viser on Oil and Gas, Goodluck Ebelo, stressed that the success of the new trading architecture depends on a safe operating environment.

Ribadu stated that coordinated security operations have sharply reduced pipeline vandalism, illegal refining net- works and crude theft, restoring confidence to producers and midstream operators. He

pledged continued protection of existing and emerging gas corridors, including strategic pipelines critical to power supply, industrial expansion and regional exports.

He noted that the achievement represented much more than regulatory progress, but a decisive step in the federal government’s commitment to actualising the ‘Decade of Gas’ agenda and unlocking the full potential of Nigeria’s vast natural gas resources.

A robust gas economy, especially one anchored on over 200 TCF of reserves, he stressed, can only thrive within a secure and stable operating environment, positing that in the past two years, under the leadership of Tinubu, the federal government has made unprecedented progress in se- curing oil and gas infrastructure nationwide.

“Through the NSA-led Joint Coordination Platform, the military, police, DSS, NSCDC, NNPC Ltd, NMDPRA, NUPRC, and state governments now operate under a unified, intelligence-driven structure. This has enhanced response time, strengthened operational synergy, and eliminated dupli- cation of efforts.

“We have also deepened engagement with traditional rulers, local leaders, and youth groups—transforming host

communities into partners in protecting national energy assets. We also brokered peace on the direct supervision of Mr President in Ogoni land . Efforts are ongoing to conclude negotiations and bring those assets into production for the benefit of the people and country.“These efforts have yielded measurable gains: Major pipeline breaches have declined significantly; illegal refining networks have been dismantled; notorious oil theft syndicates have been arrested and prosecuted and pipeline integrity and operational consistency have improved,” the NSA pointed out.

The impact, he said, is visible across the industry, with crude oil production rising, shut-in volumes being restored, gas gathering and transmission facing fewer disruptions, and investment confidence rebounding.

“More gas is flowing to power plants, industries, and export systems, contributing to increased national revenue and greater economic stability.As we secure existing infrastructure, the NSA’s office is also prioritis- ing the protection of new and strategic gas pipeline systems vital to Nigeria’s industrial expansion and regional energy leadership,” Ribadu added.

The Securities and Exchange

Commission (SEC), which also authorised the Clearing House, described the initiative as a major shift from the physical handling of gas to its emergence as a fully tradable financial asset.

Director General, Emomotimi Agama, said the new framework will create a credible Nigeria Gas Price Index, enable market-making, de-risk infrastructure investment and broaden Nigeria’s capital market with a new asset class.

He urged producers, off-takers and financiers to participate actively, arguing that a deep, transparent market will anchor industrialisation, strengthen energy security and support long-term economic diversification.

The theme: “Gas Trading on Recognised Platform and Economic Diversification,” he said, cuts to the very heart of Nigeria’s national ambition, noting that it declares that the country’s vast hydrocarbon resources, particularly gas, will no longer be just a commodity for export or domestic use, but a financially traded asset on a transparent, efficient, and regulated market platform.

“In short, we are building not just a market, but a credible and resilient market infrastructure. This ‘regulatory readiness’ is what converts potential into lasting investment, “ he stated.

between Nigeria and the Benin Republic.

“Well, we are all aware of what transpired in the Republic of Benin and the fast reaction that followed and the coordination to ensure that democracy remains untampered in Benin and it was successful, and it is an exemplar of what re- ally should obtain whenever democracy is under threat in our region and indeed on the African continent as a whole.

“And, of course, the foundation of all of this is the close working relationship and understanding between the

Federal Republic of Nigeria and the Republic of Benin.

“And it stands as, as I said, an exemplar and an example to other countries to use the individual agency because my brother and I were communicating with each other from the very beginning and the fast reaction and communication between us and several of our colleagues is what led to the thwarting of this attempt to undermine democracy by way of an unconstitutional change of government.

Oshiomhole, Ndume Clash over Omokri

ADC: We’re not surprised, but disappointed

Chuks Okocha and Sunday Aborisade in Abuja

A routine screening of ambassa- dorial nominees turned chaotic yesterday when a dramatic confrontation between Senators Adams Oshiomhole and Ali Ndume disrupted proceedings of the Senate Committee on Foreign Affairs for nearly 20 minutes, forcing the chairman to repeatedly call the lawmakers to order.

The tension erupted just as the committee, chaired by former Niger State governor, Senator Abubakar Sani Bello, began interviewing a second batch of nominees, made up of four career diplomats and a non-career nominee, author and public affairs commentator, Mr. Reno Omokri.

No sooner had the nominees introduced themselves than three senators — Ali Ndume (Borno South), Ned Nwoko (Delta North) and Mohammed Onawo (Nasarawa South)— signalled their interest to speak.

The chairman yielded the floor to Ndume, unaware that

the move would ignite one of the most heated exchanges witnessed in a Senate screening this legislative session.

Ndume, speaking with his characteristic firmness, moved that all five nominees, four career diplomats and Omokri, be asked to “take a bow and go.”The former Senate Leader argued that Omokri was a man he had personally known and respected for 25 years. However, before the motion could be seconded, Senator Abdul Ningi was recognised to speak about a nominee from his state, followed by Senator Onawo, who attempted to amend Ndume’s motion.

Ndume objected immediately, insisting that his motion must be either seconded or discarded before further contributions could be entertained.

At that delicate moment, the chairman recognised Senator Adams Oshiomhole. It was a spark that set off a dramatic confrontation.

aCTiVisM aGaiNsT GENdER-BasEd ViOLENCE …

L-R: Feminist Scholar and Co-Convener of WOMANIFESTO, Dr. Abiola Akiyode-Afolabi; Gender Equality Advocate, Princess Joan Jummai Idonije; CoFounder, Amandla Institute for Policy and Leadership Advancement/former First Lady of Ekiti State, Erelu Bisi Adeleye-Fayemi; Chairperson of the African Women’s Leadership Network (AWLN, Nigeria chapter), Prof. Funmilayo Para-Mallam; and CEO/Founder of Women Radio 91.7 FM, Toun Okewale

PDP Mourns Bayelsa Deputy Gov, Senator Ewhrudjakpo

Chuks Okocha in abuja

The Peoples Democratic Party (PDP) said that it received with deep shock the news of the passing of the Deputy Governor of Bayelsa State and a trusted, faithful party man, His Excellency, Senator Lawrence Oborawharievwo Ewhrudjakpo, who reportedly collapsed and

died earlier yestderday.

In a statement, the National Publicity Secretary of the party, Ini Ememobong said: ‘’This devastating news has left the National Working Committee led by Kabiru Tanimu Turaki, SAN, and indeed the entire membership of our great party, especially our faithful members in Bayelsa State, in profound grief;’

CHM Cautions Youths against Drug Abuse

The Christ Hospital Ministry (CHM) has raised concerns over the rapid increase of mental health illness in the country stating that it needs to be urgently

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All former documents remain valid. Authority concerned and the general public should please take note.

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addressed.

The group state this its mental health seminar held in Ikeja, Lagos with the themed, ‘Hope and Reassurance,” and attended by the Federal Road Safety Corps (FRSC), policy makers and secondary schools students.

According to CHM, bad economy, consumption of hard drugs and peer pressure are the factors that contributed to the increase of cases of mental illnesses in the country especially among young ones and has therefore, cautioned the youths against drug abuse.

Speaking at the event, President of CHM Worldwide, Rev. Samuel Ajibola, underscored the importance of the seminar stating that the “rise in the consumption of hard drugs especially among youths and children was alarming and that necessary urgent addressing was needed to curb the situation.”

The PDP said that while, that Senator Ewhrudjakpo was an honest and consistent politician who believed in and practiced politics with principle.

He said: ‘’He was a person of conviction, not convenience; a leader whose life was anchored on belief, integrity, and strength of character. He held

firmly to these virtues until his final moments.

‘’We are deeply saddened by the passing of this hero of political integrity, and we pray that God grants his soul

eternal rest.

‘’We express our heartfelt condolences to the government and people of Bayelsa State on this painful and irreparable loss.”

NHRC Condemns Adamawa Protesters Killing, Calls for Probe

Michael Olugbode in abuja

The National Human Rights Commission (NHRC) has condemned the killing of peaceful protesting women in Lamurde Local Government Area of Adamawa State, calling for an independent and

transparent investigation into the circumstances surrounding the killings.

The Executive Secretary of NHRC, Dr. Tony Ojukwu, in a statement in Abuja, decried that such actions amount to grave violation of human rights which is fundamental, inalienable rights of every Nigerian.

Ojukwu, while demanding that the Federal and State Governments should commit to respecting and protecting citizens’ rights to peaceful protest, and immediately review security-sector protocols to prevent excessive use of force, also requested that measures for reparation and psychosocial

support be made available to survivors and families of victims.

Ojukwu, while calling for a scaled up of civic-education and human-rights awareness programmes, especially in conflict-prone areas in order to rebuild public trust and reinforce the legitimacy of peaceful protest.

NCDMB Strengthen the Capacity of Indigenous Companies

Blessing ibunge in Port Harcourt

The Nigerian Content Development and Monitoring Board (NCDMB) has continued to strengthen the capacity of indigenous companies in the oil and gas sector in the country.

In ensuring the

indigenous companies adhere to world standards in operations, while embracing the local content practices, the NCDMB officials visited some of the firms in Rivers State, alongside various media representatives from Rivers and Bayelsa States.

During a tour at PE Energy Limited facility in Port Harcourt, the General Manager, Corporate Communications of NCDMB, Dr. Obinna Ezeobi, explained that the visit was part of efforts by the Board to build the capacity of the media in reporting activities and

impacts of the Board on local content in the country. Represented by Mr. Teddy Bai, supervisor, Government Relations, NCDMB, Ezeobi stated that the Board would continue to support local competitions, but would not compromise competence.

Lagos Commences Execution of Women Empowerment Policy

KayodeTokede

The Lagos State Government yesterday said it has advanced the rollout of its Women’s Economic Empowerment (WEE) policy with the commencement of a high-

level capacity strengthening session for top officials across 11 ministries, departments, and agencies (MDAs).

The recent training brought together commissioners, permanent secretaries, directors, nd senior policymakers from

key ministries, including Wealth Creation, Health, Agriculture, Commerce, Budget and Economic Planning, Education, and Youth and Social Development, among others.

The session is part of

the state drive to fully implement the Lagos State WEE Policy Roadmap, which was domesticated from the National WEE Policy and officially launched in July 2025 by Governor Babajide Sanwo-Olu.

X3M Ideas, Leo Burnett, Noah’s Ark, Others Shine at LAIF Awards

Raheem akingbolu

X3M Ideas, Leo Burnett Lagos, and Noah’s Ark Communications Limited have emerged as standout winners at the 2025 Lagos Advertising and Ideas

Festival (LAIF) Awards, Nigeria’s most prestigious celebration of creative excellence in advertising held Lagos.

A significant highlight of the event saw advertising czar, Biodun Shobanjo,

honoured with the LAIF Icon award for his contributions to the advancement of advertising in Africa.

X3M Ideas dominated the evening, clinching the coveted Agency of the Year award following an outstanding performance across multiple categories.

X3M Ideas won 12 Gold, 26 Silver, and 24 Bronze, while Leo Burnett Lagos went home with two Gold, 11 Silver, and 23 Bronze.

ChANge of NAmeS

0811 181 3083 SMS

Chelle Drops Okoye, Arokodare, Sticks with Injured Nwabali, 27 Others

Recalls Uzoho, Onuachu, Dessers & Dele-Bashiru with four uncapped players

Duro Ikhazuagbe

Super Eagles Head Coach, Eric Chelle, released Nigeria’s final 28-man squad for the 2025 Africa Cup of Nations (AFCON) on Thursday evening with the exclusion of Udinese goalkeeper, Maduka Okoye, who was expected to step up to the first choice role.

Surprisingly, Chelle, stick with his injured Number 1, Stanley Nwabali, who his Chippa United coach in South Africa has written off to be unfit for the AFCON in Morocco starting in barely 10 daysAlsotime.left out of the Super Eagles final squad is Wolver- hampton Wanderers Tolu Arokodare who has failed to take his chance with the Nigerian senior team despite the opportunities offered him during the World Cup qualifiers.

Paul Onuachu, Francis Uzoho, Cyriel Dessers and Fisayo Dele-Bashiru have been recalled to the team along with

four uncapped players like Ebenezer Akinsanmiro (Pisa), Salim Fago (NK Istra, Croatia), Ryan Alebiosu (Blackburn Rovers) and Tochukwu Nnadi (ZulteWaregem).

All the other players in the squad participated in the failed World Cup qualification run that ended last month.

Chelle opted for the usual suspects like Nwabali, defenders Calvin Bassey, Semi Ajayi and Zaidu Sanusi, midfielders Wilfred Ndidi and Frank Onyeka, and forwards Victor Osimhen and Ademola Lookman, and other players as Nigerians are looking forward to the team winning a fourth African title at this 35th edition of continental football showpiece to make up for the World Cup miss.

The three-time champions take on the Taifa Stars of Tanzania on 23rd December, before further group phase encounters against Tunisia’s Carthage Eagles (27th December) and Uganda’s Cranes (30th December).

Super Falcons Remain Africa’s Best, Slip One Spot Globally

Ten-time Africa champions, the Super Falcons of Nigeria, have remained the continent’s best women’s team in the latest FIFA Ranking released on Thursday.

Although Falcons slipped one spot from 36th in last Month’s Ranking to 37th yesterday, the Justine Madugu wards are head and shoulder above the second best team from Africa.

South Africa’s Banyana Banyana who also retained their spot as Nigeria’s closest rivals on the continent, were ranked 55th globally.

Ghana’s Black Queens

FIFA RANKING

however recorded one of the biggest improvements among Africa’s top sides, rising five places to 62nd in the world. Zambia follow at 64th, while Morocco complete Africa’s top five, ranked 66th globally.

One of the standout movements came from Burkina Faso. Although ranked 15th in Africa, the Burkinabé side achieved the continent’s most significant leap—jumping 16 spots from 134th to 118th in the world— reflecting notable progress in their recent performances.

UBA, Sterling Emerge 2025 Nigeria Bankers Games Football Champions

UBA and Sterling Bank on Sunday emerged winners of the 2025 Nigeria Bankers Games football event in the male and female categories respectively.

The Nigeria Bankers Games football finals delivered an electric finish as FCMB and UBA battled for football Gold.

The game was one for the ages as it was a cast of the best defence, UBA who had not conceded a single goal so far, going up against the free scoring FCMB who had scored the highest goals so far.

The match itself did not disappoint as both teams matched each other tackle for tackle and

shot for shot. However, in the 20th minute, in a moment of sheer brilliance, Amad Umar of UBA found space and masterfully dinked the ball over the onrushing FCMB goalkeeper to score what turned out to be the only goal of the game. Then UBA proceeded to lock shop in typical fashion. UBA’s backline anchored by Captain Mujeed Azeez, delivered one of the tournament’s standout defensive performances, shutting down FCMB’s marauding midfielder, Macvey Ubong and hitman and tournament highest goal scorer Abubakar Shafi.

NIGERIA’S 28-MAN 2025 AFCON SQUAD

Goalkeepers: Stanley Nwabali (Chippa United, South Africa); Amas Obasogie (Singida Black- stars, Tanzania); Francis Uzoho (Omonia FC, Cyprus)

Defenders: Calvin Bassey (Fulham FC, England); Olu- wasemilogo Ajayi (Hull City, England); Bright Osayi-Samuel

(Birmingham City, England); Bruno Onyemaechi (Olympiakos, Greece); Chidozie Awaziem (Nantes FC, France); Zaidu Sanusi (FC Porto, Portugal); Igoh Ogbu (Slavia Prague, Czech Republic); Ryan Alebiosu (Blackburn Rovers, England)

Midfielders: Alex Iwobi (Fulham FC, England); Frank Onyeka (Brentford FC, England);

Wilfred Ndidi (Besiktas FC, Turkey); Raphael Onyedika (Club Brugge, Belgium); Toch- ukwu Nnadi (Zulte Waregem, Belgium); Fisayo Dele-Bashiru (SS Lazio, Italy); Ebenezer Akinsanmiro (Pisa SC, Italy); Usman Muhammed (Ironi Tiberias, Israel)

Forwards: Ademola Lookman (Atalanta BC, Italy);

Ikpokpo Tasks Niger Delta Games’ Participating States to Nurture Discovered Talents

Duro Ikhazuagbe

Organisers of the 2nd edition of the Niger Delta Games havechallenged the states in the region to take full advantage of the opportunity provided through the games to nurture and harness the talents that are discovered.

Speaking at the official media unveiling of plans for the second edition in Lagos on Wednesday, Managing Director of Dunamis-Icon Limited, Project Consultants to the Games, Sir Itiako Ikpokpo (KSM), stressed that the major objective of the Niger Delta Games is to discover and groom potential podium athletes to reposition the region, not only to sustain its supremacy in national competitions, but to

assist in securing the future of Nigerian sports.

He said part of its aims is to also empower athletes to attain gainful professional careers in domestic and international sports.“The states of the Niger Delta have a duty to harness those talents identified at the games. On our part, we have identified over 600 athletes with potentials and it is left for them (the states) to work to help the athletes realise their full potentials”, Ikpokpo who also chairs the board of the Delta State Athletics Association declared.

To avoid undue advantage to any state, the Project Consultant hinted that each of the nine participating states would present equal 270 athletes to compete in the 17 sports

disciplines to be featured in the games.

He declared that the Niger Delta Games does not encourage any of the participating states to be involved in age cheating and poaching.

“Part of the process is by getting down to the grassroots to inspire interest and participation in various sports disciplines, and strengthening eligibility rules to curb issues like age cheating and poaching across states, and encourage states to invest in sports infrastructure”, Ikpokpo

“Criticalexplained. to the task is the need for competitions which provides the platform for athletes to showcase their talents. This is what the NDDC is doing by sponsoring the games”.

Ikpokpo echoed earlier assur-

Itiako Ikpokpo, Project Consultant to the Niger Delta Games explaining a point at the media briefing in Lagos ...on Wednesday

ances of the Chairman of the Main Organising Committee, Alabo Boma Iyaye, that the 2nd Niger Delta Games would be more impactful than the first edition.

As Football Fever Rises, Big Bull Rice Serves

This football season has been dramatic, unpredictable, thrilling, and beautifully chaotic. It has delivered some of the most intense matches and unexpected outcomes. Fans across the world, especially in Nigeria, have turned every match into a communal moment.

Chief Marketing Officer, TGI Group, Probal Bhattacharya, stated: “Football is a shared language. It brings families, friends, and communities together, just like food does. Big Bull Rice is proud to be part of the excitement, the conversations, and the memories that come with

every match-day. As The Big Bull of Football, we are celebrating the energy, passion, and unity that define the Nigerian football spirit.”

From the heated pre-match arguments to the passionate shouting that echoes through the streets, the spirit is the same: football unites us.

Experiences

Recognising this powerful connection, Big Bull Rice has leaned deeper into its identity as The Big Bull of Football, positioning itself at the heart of the fan experience. Football season is not complete without food, especially meals that bring families and friends together around a pot of rice.

Samuel Chukwueze (Fulham FC, England); Victor Osimhen (Galatasaray FC, Turkey); Simon Moses (Paris FC, France); Chidera Ejuke (Sevilla FC, Spain); Akor Adams (Sevilla FC, Spain); Paul Onuachu (Trabzonspor AS, Turkey); Cyriel Dessers (Panathinaikos FC, Greece); Salim Fago Lawal (NK Istra 1961 (Croatia)

Injured Stanley Nwabali...IN

Maduka Okoye...OUT Francis Uzoho...IN

IMO INVESTMENT SUMMIT: 24 HOURS IN THE SUN

starting from Aliko Dangote to Jim Ovia were present, real time.

Give it to Governor Hope Uzodinma, this must be recorded as a testament to his chutzpah and derring-do.

Neither a businessman, an economist nor intellectual, the boy from the streets-turned a bar-knuckle politician has come a long way into political stardom!

One would bet he had a swell time in the sun even if it was for 24 hours. One would wager that most of Hope’s guber colleagues would have gone dark green with envy as he soaked up the limelight like the lead man in a Hollywood blockbuster.

But the star attraction was the presence of Boris Johnson, former British Prime Minister and Ban Ki Moon, the immediate past Secretary-General of the United Nations.

These heavyweights gracing a sub national’s economic summit at a time dark clouds seem to gather over Nigeria, was most salutary to all.

Considering that the major news wafting out of here like a foul smell was about the abduction of school children in their hundreds, about the designation as a country of particular concern and Nigeria as a “disgraced country,” why would any rational person speak of investment?

Add to that, what someone has described as a shameless genocidal debate about genocide in Nigeria, then the timing of the Imo summit and Governor Uzodinma must be applauded for bringing a sunny face of Nigeria back on to the front burner ... if only for a fleeting moment.

“I feel very safe in Nigeria,” enthused Boris Johnson.

That’s a huge endorsement for the security situation in Imo particularly.

Coming at a time separatist leader, Nnamdi Kanu was just handed a life jail and the atmosphere in the zone is most tense. However, these pluses and more will never justify the cost of these talk shops that pass for economic summits in Nigeria. This column has seen and reported enough summits to recommend their immediate abolition in Nigeria forthwith. Their costs certainly outweigh their benefits.

In fact, discerning observers think elaborate investment summits are conduits for spiriting away state funds. At best, economic summits are misplaced priorities. In the case of Imo State, many indigenes have called it an “international show in a time of disease and hunger.”

The Imo populace don’t rate the governor’s performance highly so far.

In any case, many wonder why the governor is ‘unlocking Imo’s economic potential’ at the twilight of his 2nd tenure?

This should have been done at the beginning to afford him some quality economic roadmap.

For instance, Africa’s richest man, Aliko Dangote in his remarks, hinted he had industries on the drawing board seeking for clement environments.

A Dangote fertilizer plant, for instance, should be humming somewhere in Imo today with all the huge benefits and without all the noisy fanfare if this had happened in the first year.

What happened last week is considered by some Imolites as clout-chasing and validation hunting as we round the corner to the new electioneering season.

Hope is known to be key to APC’s 2027 do-or-die election. He is primed already to head the campaign in order to secure a pre-eminent position in Tinubu’s 2nd term. He needs a lot of goodwill and ample cash on the road ahead.

Some have wagered that Imo’s brief

hours of sunshine may have cost her about five billion naira (N5B) or more.

For instance, online checks show that Mr Johnson takes hundreds of thousands of pounds for a speaking engagement. Though Mr Moon’s fees are not disclosed, they may be in the same range, but ultimately determined by whether an engagement is virtual or live; by location and nature of Thisorganisers.means that speaking fees and logistics for major dignitaries would already gulp over a billion naira.

Phew! For a state with a dying education system, one saddled with derelict schools and health facilities, and a collapsed rural economy, an investment summit is not herLastly,priority. a true leader doesn’t need a sum- mit to harness the untapped potentials in Imo’s palm oil economy. It is an untapped goldmine would easily yield double the monthly revenues from Abuja. The work has to be done first!

Long story short, Imo’s sunny moment comes at an exorbitant cost.

Mr & Mrs Tinubu In Mixed Doubles!

Power is best deployed with unseen hands. This must explain why Generals and leaders generally, don’t bear arms.

When some soldiers in Sao Tome and Principe acted up some years ago in the era of President Olusegun Obasanjo, he merely sent a word to them to vacate their perch otherwise he would come get them. They practically fled!

President Bola Tinubu could have

sent the Benin coupists a few cryptic words instead of sending fighter jets and even boots.

In the same manner, first lady, Mrs Remi could have passed a note to Osun governor, Ademola Adeleke to cut to the chase lest she would... She needed not to physically harangue the governor, her host in the glare of the world.

Very poor optics.###

BURKINA FASO, BENIN, AND THE FABLES OF REGIONAL POWER

foreign influence.

For years, ECOWAS was held up as Africa’s model subregional bloc -bold enough to send troops to Liberia and Sierra Leone, and later The Gambia, to enforce election outcomes and protect civilians. Today, that aura has faded. The exit of the three Sahel juntas has exposed the limits of a community whose cohesion depended on a fragile consensus about minimum political standards: regular elections, term limits observed at least in spirit, and a public commitment to democracy, however hollow it sometimes sounded.

With eroding norms, ECOWAS now lacks the authority it once held. While the bloc still holds emergency meetings and speaks out against coups, its declarations reveal internal divisions. Some members oppose sanctions on military regimes while accepting undemocratic civilian leaders; others hesitate to act. Fragmentation has replaced unity.

Nigeria still drives many of these processes, but the moral and political capital that once made ECOWAS decisions bite has thinned. To the junta, ECOWAS is a neo-colonial proxy. To many citizens, it is a club of incumbent presidents. In this contested space, every Nigerian move – whether a military deployment or a diplomatic démarche – is read not just as statecraft, but as a claim to a contested regional throne.

Benin’s near-coup sharpens these tensions. When mutinous soldiers in Cotonou tried to oust President Talon, they did more than attack the state—they sparked regional danger. A successful coup in Benin would have completed a line of military regimes stretching from Guinea to Nigeria’s borders. For a country already battling insecurity and porous frontiers, that risk was intolerable. Security in Benin is deeply intertwined

with Nigeria’s economy and informal trade networks. Its ports, border markets, and smuggling corridors are part of Nigeria’s daily economic life, whether policymak- ers like it or not. An unstable or hostile regime in Cotonou would ripple through customs revenues, border communities, and political calculations in Abuja and the South West.

Nigeria’s swift military action was not merely a show of solidarity, but a move to safeguard its interests. Stationing troops in Benin highlights that Abuja is now openly using military means to influence regional outcomes. This could be seen as resolute leadership or as increased overseas commitments at a time when Nigeria faces serious domestic problems.

And at home , Nigerian leaders embrace the “Big Brother” role—spending, fighting, negotiating, and bearing the burden of regional stability, often at the expense of domestic economic well-being . In past decades, this relied on economic strength and internal coherence. Today, that foundation is fragile. Nigerians are grappling with rising living costs, a volatile currency, unemployment, persistent insecurity, and deteriorating public services. Confidence in institutions is brittle; faith in politics is thinner still. The organised opposition is fragmented and often reactive, leaving the government with more space to frame national debates but less genuine accountability. In this environment, foreign interventions are politically enticing; they let leaders project strength abroad and draw attention away from internal problems. These regional crises allow political leaders to demonstrate decisiveness, even as they struggle to address basic problems at home, such as electricity, food, and security.

If foreign policy becomes a domestic show, military actions abroad can distract from Nigeria’s pressing economic and

security problems. In this case, strategies for regional power may undermine the government’s legitimacy at home.

At the core of the emerging contest in West Africa is not only territory or language but narrative. The Sahel juntas are telling their people a powerful story: that they are reclaiming sovereignty from corrupt civilian elites and foreign puppeteers, restoring dignity to nations humiliated by insecurity and economic despair. They wrap their rule in the language of patriotism and anti-imperialism, even as they centralise power and muzzle dissent.

ECOWAS and Nigeria, by contrast, insist that the only sustainable foundation for peace is constitutional order – that coups, however popular they may briefly appear, deepen instability and invite repression. They argue that flawed elections can be corrected and institutions strengthened, whereas militarisation of politics leads to a dead end.

Many citizens in the region distrust both military and civilian leaders. They see juntas failing to deliver security and elected governments unable to stop corruption. Mistrust has created a space for competing national narratives, used as tools for influence and legitimacy among skeptical publics.

Now, power is judged not just by military might but by who can win public trust. Yet, as the narrative struggle intensifies, leaders turn to force—deploying troops and security alliances—while efforts to build strong institutions and responsive governance are often neglected.

Nigeria stands at the centre of this swirl, both protagonist and cautionary tale. It cannot retreat into isolation; its geography, demography, trade routes, and cultural reach make that impossible. What happens in Benin, Niger, or Burkina Faso will continue to shape its security and

prosperity. Abuja will sometimes have to act – swiftly, even forcefully – beyond its borders. That is the burden of being the largest power in the neighbourhood. But Nigeria cannot afford to believe its own flattering myths. Regional power is not a substitute for domestic renewal; it is a derivative of it. A state that is unsure of its social contract at home cannot sustainably underwrite stability abroad. If Nigeria’s policing, justice, economic governance, and political institutions remain fragile, no number of foreign deployments will secure lasting influence. At best, it will win short-term tactical victories and lose the strategic contest for legitimacy.

Equally, this would require Nigeria’s leaders to treat domestic reform as the foundation of any meaningful regional role. Stabilising the currency, reducing poverty, restoring confidence in law enforcement and the courts, tackling grand corruption, and rebuilding trust between state and citizen are not merely “internal” issues; they are the bedrock of sustainable influence. A prosperous, wellgoverned Nigeria is far more persuasive than a struggling Nigeria that flies jets over its Burkinaneighbours. Faso, Benin, and the wider Sahel are not just distant theatres in a new Great Game. They are mirrors held up to Nigeria’s face. In them, the country can choose to see a flattering portrait of an unchallenged hegemon, or a more honest image: a pivotal, powerful but vulnerable state, whose choices – between force and reform, spectacle and substance, narrative and reality – will help determine whether West Africa sinks deeper into a cycle of coups and counter-coups, or slowly edges toward a more stable, genuinely democratic order.

•Dakuku Peterside is the author of two best selling books; Leading in a Storm and Beneath the Surface.

Governor Uzodimma

CHILDREN’S CHRISTMAS BRUNCH WITH FIRST LADY...

L-R:

STEVE OSUJI

Imo Investment Summit: 24 Hours In The Sun

HOMECOMING

It’s most delightful to return to the THISDAY family as a columnist exactly30yearsafterIexitedasEditor, THISDAY,TheSaturdayNewspaper, in 1995.

I had put a call to the Duke (as we callPublisher,PrinceNdukaObaigbena), sayingIwouldloveabackpagecolumn inTHISDAY.“Sure,”hesaidbeforeIcould finish my request. “You’re one of us, I will give you Friday. Send your article to me.”

And that’s it. It took less than a oneminute call. And that’s in character with him, a mercurial mind, no frills, no hee-hawing.And here we are.

Those who have enjoyed EXPRESSO

on FB over the years can now read it here first hand, every Friday... Let’s go!

IMO’S 24 HOURS IN THE SUN

It must be Nigeria’s biggest investment summit in recent times. That may explain why the organisers got carried away and dubbed it the first in 50 years.

But let’s correct the misnomer.

Investment Summit was by no means new nor was the talkshow a rarity in the Southeast state.

Way back in 1991, Governor Evans Enwerem organised a similar show. In 2010 or thereabouts, Governor Ikedi Ohakim had one of his own and in his short-lived tenure, Governor Emeka Ihedioha had put together an education summit.

Even in the embattled northeast of Nigeria, there was Bauchi Investment Summit 1.0 early October while mid

October witnessed Abuja’s summit. Ehingbeti (Lagos’ prime show) and Kadinvest, Kaduna State’s flagship economic get-together is at its 6.0.

But it must be acknowledged that the Imo outing was outstanding. It may have trumped everything ever done before it. Yes, in terms of quality of organisation, calibre of attendees and media power, it was nonpareil. It may also explain why it was hyped as West Africa’s investment show in some quarters.

Apart from Vice President Kassim Shettima, nearly a dozen other heads of state and quasi sovereigns were in attendance. Then some of Nigeria’s business barracuds,

DAKUKU PETERSIDE

BENEATH THE SURFACE

Continued on page 39

Burkina Faso, Benin, and the Fables of Regional Power

When West Africans saw videos of mutinous soldiers seizing Benin Republic’s state television, reports of Nigerian jets in Beninese airspace, and Burkina Faso’s anger over a “suspicious” Nigerian military plane, an old pattern reemerged: Nigeria, the regional sheriff, is back. This comforts Abuja’s political class—a story of a wounded giant finding its stride. But, like most power fables, it reveals little and conceals much.

This moment is not just about Nigeria seeking regional leadership. More profoundly, it marks West Africa’s rearrangement: old alliances are weakening, new blocs are emerging, and diplomacy is giving way to military posturing.

The celebrated intervention masks a reality—West Africa is entering a phase

dominated by displays of military force, with political change increasingly dictated by power rather than consensus.

For many Nigerians, the “Burkina Faso issue” began as an aviation story: a Nigerian military aircraft made an emergency landing in Bobo-Dioulasso, eleven soldiers were detained, and Burkina Faso’s military government protested the lack of clearance. Technically, it’s a procedural dispute. In reality, it is another sign of a simmering standoff between Nigeria and the new Sahel military bloc.

Burkina Faso, along with Mali and Niger, has walked out of ECOWAS and joined the Alliance of Sahel States – a political and security shield for juntas under pressure from sanctions and

demands for democratic transition. They present themselves as sovereign patriots reclaiming dignity from foreign meddling and hypocritical regional elites. Abuja, in turn, sees its consolidation – and its embrace of new external patrons – as a direct challenge to the rules-based regional order it spent decades underwriting. Burkina Faso’s strong reaction to the Nigerian aircraft is best understood as a challenge to Nigeria’s claim to regional dominance. This incident represents a conflict between two models: one based on electoral democracy and norms, the other on military leaders claiming to reflect public dissatisfaction with corruption and

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Imo State Governor, Hope Uzodimma

President Ibrahim Traoré of Burkina Faso

FCTA Mandate Secretary Women Affairs, Mrs Adedayo Benjamins-Laniyi; wife of the Speaker, House of Representatives, Hajia Fatima Abbas; wife of the vice president, Hajia Nana Shettima; First Lady of Nigeria Senator Oluremi Tinubu; Chairman of the governors wives forum and wife of Kwara State Governor, Amb Olufolake Abdulrazaq, and others, during the Children’s Christmas Brunch, with First Lady at the Conference Centre, of the Presidential Villa, Abuja... yesterday

PHOTO: GODWIN OMOIGUI