FRIDAY 6TH JUNE 2025

Tinubu: Nigeria Has Secured Over $2.2bn for Health Sector Reforms Inaugurates $300m Afreximbank-funded medical centre in Abuja $75 million set aside as endowment fund for research Deji Elumoye and Onyebuchi Ezigbo in Abuja

President Bola Tinubu yesterday, officially inaugurated the African Medical Centre of Excellence (AMCE)

in Abuja, describing the project as a monument to African resilience and innovation, and a bold step

towards Nigeria’s emergence as a global healthcare hub.

This is as he disclosed that the

country has secured over $2.2 billion in health sector commitments through the Nigeria Health Sector Renewal

Investment Initiative, launched by his Continued on page 10

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THISDAY • FRIDAY, JUNE 6, 2025

NEWS

Group News Editor: Goddy Egene Email: Goddy.egene@thisdaylive.com, 0803 350 6821, 0807 401 0580

LANDMARK PROJECTS TO MARK TINUBU’S TWO YEARS IN OFFICE...

L–R: Chairman, Dangote Group, Aliko Dangote; Executive Chairman, Federal Inland Revenue Service, Zacch Adedeji; Deputy Speaker, Benjamin Kalu; President Bola Ahmed Tinubu; Minister of Works, David Umahi; and Minister of state for Works, Bello Goronyo, during the inauguration of the reconstruction of the Deep-Sea Port Access Road through Epe–Ijebu Ode projects and flag-off of new projects to mark the successful two years in office of the Tinubu administration in Lagos, yesterday

AFC Champions Shift of $4trn Domestic Savings to Transform Africa’s Infrastructure Declares Africa’s railway expansion gaining speed with 7,000 km new track investments

Emmanuel Addeh in Abuja and Oluchi Chibuzor in Lagos The Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, yesterday, released the most comprehensive and up-todate picture of Africa’s investable capital landscape—revealing over $4 trillion of domestic savings in banking assets, institutional funds and reserves.

The research in the 2025 edition of the State of Africa’s Infrastructure (SAI) Report underscored AFC’s conviction in the capacity for Africanled investment as the foundation for scaling provision of power, transportation and industrialisation across the continent.

The AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

Commenting on the findings, President/CEO, AFC, Samaila Zubairu, said: “This report provides a practical roadmap for how Africa can channel its significant financial strength into the infrastructure needed to drive industrial transformation—from scaling electricity supply to revitalising rail and building up strategic industries like steel and fertilisers. The tools exist. The capital is available. What’s needed now is coordinated action to unlock it.”

Zubairu, who spoke during a virtual launch of the report, pointed out that, “the world has changed and there is a different focus now from

traditional development partners to really focus on defense and rearmament of their respective economies and of course, the factionalisation of the world.

“What that means is that this is an opportunity for Africa. That is because, as you seek to industrialise your economy and focus on defense, it means you need a secure supply chains. Of course the minerals for that is in Africa. So, Africa is not relevant; we are essential.

“I say that because it underpins one our main theses of what needs to change in Africa. The one thing that must change is that we must stop exporting raw materials and embark on transformation. It is the transformation that creates quality jobs that leads to increased savings.

The only way to increase the pool of savings is by having higher-quality jobs. We have always advocated that as Africans, we must take ownership of our development and fund it.”

Zubairu stressed the need for the right structures for regulatory reforms in the continent, so as to make investment in infrastructure attractive.

Specifically, the latest SAI Report provides a conservative estimate of over $1.1 trillion in long-term institutional capital from pensions, insurance, sovereign wealth funds, and public development banks, along with $2.5 trillion in commercial banking assets and over $470 billion in central bank reserves.

It noted that despite the scale of

these resources, most investments are allocated to low-risk and shortterm instruments rather than being channelled into the real economy.

The AFC’s report called for targeted policy reforms, financial innovation, increased use of riskmitigation tools, and the creation of financial structures—such as pooled funds or investment platforms—to reposition African institutions at the heart of the continent’s infrastructure

The federal government yesterday inaugurated the Inter-Ministerial Committee (IMC) tasked with the responsibility of organising a fitting 2025 Democracy Day Celebration.

The committee was inaugurated by the Secretary to the Government of the Federation, Sen. George Akume.

The SGF, represented by The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, emphasised the importance of the commemoration of Democracy Day as an opportunity to reflect on the contributions and sacrifices of those who fought for democratic

dispensation in the country.

“It is my pleasure to welcome you all to the inaugural meeting of the 26th Democracy Day Celebration Inter-Ministerial Committee.

“This year’s Democracy Day Celebration is an opportunity to reflect on the contributions and sacrifices of our founding fathers to attain independence for our dear nation and to retrospect on the daunting challenges and trauma that other democratic champions faced in their collective efforts to wrest power from the grip of military dictatorship.

“To celebrate this day in their remembrance is to honour and recognise their place in history,”

GW of grid-connected capacity from all sources—compared to over 18 GW from renewables alone in India.

“Installed power generation per person has stagnated in Africa while more than doubling in India since 2008, highlighting the widening gap in energy access and industrial potential,” it added.

The report further advocated for regional grid integration and private sector participation in

electricity transmission, noting that Africa—in contrast to other developing regions—has yet to see a single independent transmission project.

Furthermore, it identified Angola, DRC, Tanzania, and Mauritania as key interconnector markets that could enable countries with excess generation capacity to supply power to those facing deficits—linking multiple power pools and balancing electricity flows across borders.

Association Urges FG to Grant Amnesty to Illegal Oil Refiners Wants approval for modular refineries for local communities Calls for urgent fixing of dilapidated Nigerian roads

Emmanuel Addeh in Abuja The Association of Nigerian Refineries Petroleum Marketers (ANRPM) yesterday called on the federal government to grant amnesty to operators of illegal oil refineries and pipeline vandals in the Niger Delta, similar to the Presidential Amnesty Programme (PAP) for ex-militants.

The association suggested establishing a presidential committee to coordinate the process, including receiving repentant illegal bunkering

FG Inaugurates Inter-Ministerial C’ttee for 2025 Democracy Day Celebration Olawale Ajimotokan in Abuja

transformation.

As part of the process of identifying investment opportunities, the SAI Report also seeks to shift Africa’s energy narrative—from small-scale access to large-scale, interconnected power systems capable of driving industrialisation, digital sovereignty, and climate resilience.

It pointed that under-investment in African energy was stark, revealing that in 2024, Africa added just 6.5

he said.

He noted that the annual Democracy Day Celebration was an opportunity for government to showcase its achievements and present its scorecard to Nigerians.

He also charged the IMC to work collaboratively with President Bola Tinubu to realise the Renewed Hope Agenda for a better Nigeria.

The proposed activities lined up for the 2025 Democracy Day celebration include a World Press Briefing June 6, a Special Juma’at Service on June 6, a Church Service on June 8, Youth Programme to be held on June 9, Public Lecture, June 11 and the Presidential Broadcast alongside Parade on June 12.

operators, collating their data, rehabilitation, and mapping out programmes for economic reintegration.

The group made the call during a press conference in Abuja where it read a communiqué issued after a joint meeting of its Board of Trustees (BOT) and National Executive Council (NEC).

In the communiqué read by its national spokesperson, Judith Nwachukwu, the ANRPM said the proposed amnesty should see the government approve modular refineries for locals in oil-producing communities.

“We call on the federal government to adopt the model used in the Presidential Amnesty Programme

for former Niger Delta militants and extend presidential pardon and amnesty to operators of artisanal refineries and pipeline vandals,” it added.

The association also declared support for the removal of fuel subsidies by the Bola Tinubu administration.

It said the former subsidy regime encouraged corruption and waste, and its elimination was necessary to create a more transparent and efficient petroleum sector.

Besides, the group expressed support for policies that promote local refining, reduce dependence on imports, and foster investments in infrastructure, which will ultimately reduce vulnerabilities to fraud and

corruption.

It added: “We express strong support for President Bola Tinubu’s administration’s efforts to reform Nigeria’s fuel subsidy regime. We recognise that the previous subsidy system was plagued by vulnerabilities that fostered corruption, inefficiencies, and misappropriation of public funds, deeming its removal a necessary step towards creating a more transparent, market-driven, and sustainable petroleum sector.”

While backing the proposed 5 per cent fuel pump price charged to fund road maintenance, the group stressed that any new charges must be tied to real, visible improvements on key roads.

Uzoka-Anite Raises the Alarm over Fraudulent Website Ndubuisi Francis in Abuja

The Federal Ministry of Finance dissociated the Minister of State for Finance, Dr. Doris Uzoka-Anite, from a fraudulent website —lankantamil. com — alleged to be falsely using her name, image and identity to hoodwink unsuspecting members of the public.

A statement released on Wednesday by the ministry said Uzoka-Anite had no affiliation whatsoever with the website in question or any content being circulated in her name through

that channel.

The ministry stated, “It has come to our attention that a fraudulent website — lankantamil.com – is falsely using the name, image, and identity of Dr. Doris Uzoka-Anite, Honourable Minister of State for Finance of the Federal Republic of Nigeria, in an attempt to mislead the public.

“We state categorically that Dr. Uzoka-Anite has no affiliation whatsoever with the aforementioned website or any content being circulated in her name through that channel.

The materials therein are entirely

unauthorised, deceptive, and intended to misinform the public.”

The statement described the development as a case of digital impersonation and fraud, adding that the matter has already been reported to the appropriate law enforcement and cybersecurity authorities for investigation and action.

The statement said, “Members of the public are strongly advised to: “Disregard any information, videos, or links associated with this website; avoid clicking on or sharing the fraudulent content.”

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TINUBU VISITS DANGOTE REFINERY...

President Bola Ahmed Tinubu and Chairman/Founder of Dangote Group, Alhaji Aliko Dangote, during the president’s tour of the multi-billion dollar Dangote Refinery at Ibeju-Lekki, yesterday

$5bn NLNG Train 7 Project Hits 80% Completion as NCDMB, Firm Ramp up HCD Training Emmanuel Addeh in Abuja a nd Peter Uzoho in Lagos The Nigeria Liquefied Natural Gas Limited (NLNG) has announced that its Train 7 project, with an estimated cost of $5 billion, has progressed to 80 per cent completion level, indicating that inauguration of the facility may happen later this year or by 2026.

General Manager, External Affairs and Sustainable Development, NLNG, Dr. Sophia Horsfall, announced the latest completion level in Port Harcourt during the inauguration of 140 trainees

for an intensive three-month Advanced Nigerian Content Human Capital Development (NC-HCD) Programme for the Train 7 Project on Bonny Island, Rivers State.

The programme was launched in partnership with the Nigerian Content Development and Monitoring Board (NCDMB).

The Train 7 project kicked off in December 2019 after signing of the Final Investment Decision (FID) in Abuja by the shareholders of NLNG, which comprised the Nigerian National Petroleum Company Limited (NNPCL), Shell, TotalEnergies, and Eni.

The project with a duration of six years, was awarded to a consortium of three international service companies, namely Saipem of Italy, Chiyoda of Japan, and Daewoo of South Korea, otherwise known as the (SCD) consortium.

The Train 7 is an expansion programme of NLNG aimed at raising the company’s production capacity by 35 per cent to 30 million metric tons per annum (mtpa) from the current 22mtpa.

Meanwhile, the trainees inaugurated under the NC-HCD programme, who were graduates in different academic disciplines,

had completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets.

The trainees, according to a statement by NCDMB’s Corporate Communications Department, were enrolled for the on-the-job phase, which included active hands-on participation in operational areas, such as Turn Around Maintenance (TAM), Commissioning, and Desktop Programmes, among others.

In November 2024, a set of 331 trainees under Batch A of the NLNG T7 HCD Training Programme had begun capacity development in facility management, engineering,

NEITI Warns against Abuse of FOI Act, Says It Responded to 72 Requests Emmanuel Addeh in Abuja

The Nigeria Extractive Industries Transparency Initiative (NEITI) has warned against the abuse of the Freedom of Information (FOI) Act by individuals and faceless groups posing as Civil Society Organisations (CSOs) and Non-Governmental Organisations (NGOs) with no institutional credibility.

Speaking in Abuja at a roundtable commemorating 14 years of the FOI Act, the Executive Secretary of NEITI, Dr. Ogbonnaya Orji, described the trend as a dangerous weaponisation of a noble democratic law to blackmail, harass, and extort public officials and government institutions.

“Let there be no mistake: this is not activism—it is sabotage,” Orji declared in his keynote

address. “These fake NGOs and touts’ parade false identities, file FOI requests under misleading pretences, and then engage in media blackmail and threats to extract money. They have no interest in facts or transparency. Their only mission is extortion. And it must stop,” he added.

Orji emphasised that the FOI Act, passed in 2011, is a landmark law in Nigeria’s democratic journey, protecting citizens’ right to know and empowering oversight over government, but warned that unless urgently safeguarded, the Act risks becoming a tool for intimidation and abuse rather than transparency and accountability.

“At NEITI, we have responded to 72 FOI requests in the last decade, operate a dedicated FOI portal, put in place a proactive disclosure platform on our website, published

annual progress reports, convened regular media briefings, series of stakeholders’ forums, and submitted annual compliance reports.

“Our reports, Beneficial Ownership Register, procurement process and implementation information and data are all proactively disclosed and freely placed in the public domain. We are currently working to complete work on the NEITI Data Centre to add to wider public access to credible information.

“But these fake NGOs ignore these disclosures and instead resort to threats aimed at coercion and extortion,” he alleged.

Orji stressed the importance of distinguishing between genuine civil society oversight and fraudulent campaigns masked as activism. He urged law enforcement agencies, media regulators, and civil society platforms to join hands in weeding

Tuggar: Greater Economic, Regional Integration in West Africa Require Collaboration of Sub-Region’s Countries Michael Olugbode in Abuja Foreign Affairs Minister, Ambassador Yusuf Tuggar, has said in order to achieve greater economic and regional integration in West Africa, there is urgent need for more collaboration among countries in the sub-region.

Tuggar also stressed the need for the region to leverage its shared market potential and demographic advantages.

The minister made the assertion while speaking at a Private Sector Roundtable in Lagos, as part of the

build-up to the West Africa Economic Summit (WAES), which will be held from 20-21 June in Abuja, Nigeria.

The roundtable also had in attendance top business leaders gathered at the Metropolitan Club, Victoria Island.

At the event, Tuggar stated the country’s economic stature within the West African sub-region is both significant and uncontested, but there is need for partnership among the nations in the region.

He said: “National strength alone is not sufficient enough to

sustain long-term growth or to assert effective regional leadership. In an increasingly interconnected global economy, the imperative is clear: West Africa must transcend fragmented national pursuits and pursue greater regional integration.”

The minister affirmed that by leveraging the collective demographic advantage of over 400 million people and unlocking the latent potential embedded in the region’s shared markets, West Africa can cultivate a more resilient and inclusive regional economic architecture.

out impostors that threaten the integrity of Nigeria’s accountability ecosystem.

“The FOI Act is not a blackmail license. It is a promise of truth, openness, and democratic empowerment. We must protect that promise from abuse. NEITI will not be intimidated, and we will continue to expose and resist such unethical conduct,” he added.

Also speaking at the event, Executive Director of the Centre for Transparency Advocacy (CTA), Faith Nwadishi, reaffirmed that NEITI remains a model of proactive disclosure and institutional responsiveness.

Information and Communication Technology (ICT), Health Safety and Environment (HSE), Quality Assurance and Quality Control, as well as welding and fabrication.

The statement said another set of 77 trainees under Batch B of the same Training Programme began capacity development in data analytics and supply chain management among several other fields relevant to the operations of the oil and gas industry.

Speaking further at the event, Horsfall expressed appreciation to NCDMB for productive collaboration on the HCD Programme, describing it as “a reaffirmation of NLNG’s unwavering commitment to human capital development.”

She said the support of NCDMB had enabled NLNG to effectively carry out its programmes for the development of a strong, skilled and highly professional workforce for the country’s oil and gas industry.

The trainings, which she said were particularly significant as the NLNG Train 7 Project, involved very advanced technology and had reached 80 per cent completion with highly skilled technical manpower required.

She described the training as a “robust, advanced on-the-job training programme”, adding that the trainees would work within the facilities of the NLNG on Bonny Island.

Addressing the trainees and trainers drawn from the Oil and Gas Trainers Association of Nigeria (OGTAN) as well as management personnel of NCDMB and NLNG, Executive Secretary of NCDMB, Mr. Felix Ogbe, was quoted to have said

the Advanced NC-HCD training was not just a milestone, but also an expression of the collective commitment of the Board and the NLNG “to nurturing world-class Nigerian professionals who will shape the future of our oil and gas industry.”

Ogbe said the board had remained steadfast in its conviction that human capital development was “a critical investment in the sustainability and competitiveness” of Nigeria’s oil and gas value chain.

He pointed out that over 400 Nigerians had undergone basic training in diverse technical, vocational, and specialised areas and were equipped with practical skills directly aligned with industry needs.

According to the NCDMB boss, represented by Manager, Human Capital Development, Mrs. Tarilate Teide-Bribena, the Board and NLNG were “advancing even further by formally launching the on-the-job component of the Train 7 NC-HCD Programme”.

He explained that the programme would see 140 bright and promising Nigerians gain practical exposure and real-time experience across technical domains within the NLNG operational plants in Bonny Island.

Ogbe commended the NLNG, describing the company as a trusted and forward-looking partner in the development of Nigeria’s human capital base.

He stated that the company had not only complied with Nigerian Content requirements but “has consistently shown leadership in embracing the spirit of national capacity building”.

Nigeria Looks to World Bank to Tackle Challenges of National Capital Accounting Michael Olugbode in Abuja

As the world marks the 2025 Environment Day, the National Bureau of Statistics (NBS) has appealed to the World Bank for support on capacity building, data, and addressing the challenges posed by Natural Capital Accounting (NCA) in the country.

Head of Department, National Accounts Energy and Environment at NBS, Dr. Baba Madu, made the appeal at the 2025 Natural Capital Accounting (NCA) Conference on Thursday in Abuja.

The conference was organised with support from World Bank, in collaboration with NBS and the Federal Ministry of Environment.

While stating that NCA was a new area Nigeria must exploit to

boost the country’s economy, Madu said for Nigeria to grow and be at par with other developed nations, there was a need to account for its natural resources.

He said, “NCA has been tasked with the crucial role of integrating natural capital into economic measurement. It is impossible to measure the economy accurately without accounting for natural resources. Issues such as environmental degradation, afforestation, desertification, and climate change all directly impact productivity.

“Productivity, in turn, influences output – one of the core components of the Gross Domestic Product (GDP). These environmental factors must be reflected across all economic activity sectors to present a more accurate picture

of national output.”

While stating that Nigeria currently had data on NCA, the NBS official, however, raised concerns over a huge data gap from relevant Ministries, Departments and Agencies (MDAs) in the environment sector.

He said, “We are not doing badly but we need to improve on what we are doing. In terms of data sources, I can tell you there’s a big gap because these are new areas needed to be exploited.”

Programme Leader on Sustainable Development at the World Bank, Vina Vutukuru, said there was need to jointly explore the vital role of national accounting in national development plans and to brainstorm on how Nigeria could institutionalise it.

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STRATEGIC MEETING AT MINISTRY OF FINANCE INCORPORATED...

L-R: Group Head, Investment Banking, Coronation Merchant Bank, Taiwo Olatunji; Executive Director/National Coordinator, Ministry of Finance Incorporated Real Estate Investment Fund, Mr Sani Yakubu; Managing Director/CEO, Ministry of Finance Incorporated, Dr Armstrong Takang; Chairman, Coronation Group, Aigboje Aig-Imoukhuede; Head, Executive Functions, MOFI, Ihuoma Nnokwam; Managing Director/CEO, Coronation Merchant Bank, Paul Abiagam; Head, Finance and Information Technology, MOFI, Ajodo Ocheja, during a strategic meeting at Ministry of Finance Incorporated’s office to explore high-impact collaboration opportunities between MOFI and Coronation in Abuja… yesterday

At Inauguration of Lekki Sea Port Access Road, Tinubu Pledges More Funds for Infrastructure Devt Charges govs, relevant agencies to implement ban on all forms of dredging within 10kms of federal bridges nationwide Inaugurates Lekki deep sea port road Flags off section two of Lagos-Calabar coastal highway Dangote’s firms to spend N900bn on eight road projects Kalu discloses Lekki deep sea port to generate over $201bn, create over 169,000 Jobs Deji Elumoye, Juliet Akoje in Abuja and Peter Uzoho in Lagos President Bola Tinubu has promised that more funds would be committed to nation’s infrastructure development and therefore urged governors to collaborate with the federal government to align building approvals.

The president, who spoke at the inauguration of the Lekki Deep Sea Port Access Road at the Dangote Refinery and Petrochemical Plant yesterday in Lagos, said proper approval alignment between subnational and federal governments would facilitate the construction of major roads and bridges across the country.

He said, “I have directed the Minister of Works, David Umahi, and the Surveyor General of the federation to work more closely with the governors.”

President Tinubu reiterated that aligning state approvals with the federal government would reduce the burden of compensation and delays in actualising people-oriented projects.

“Please, my dear governors, let’s work together. Don’t give planning approvals without collaboration with the Surveyor General and the Ministry of Works. I am appealing to you to realise the same development goal.

“Let me emphasise the ban by the Federal Government of Nigeria on any dredging within a 10km radius of all our Bridges nationwide. I appeal to all governors, relevant agencies, and security agencies to implement this ban immediately,” he said.

The ceremony came five days after the President inaugurated Phase 1

of Section One of the Lagos-Calabar Coastal Highway, also in Lagos.

He commended the Federal Ministry of Works, Messrs Hitech Construction Company Limited, Messrs Dangote Industries Limited, BUA and all contractors involved in the country’s road development, saying his administration was committed to building enduring infrastructure nationwide.

He dismissed critics of the government’s legacy projects for being ignorant about how the government awarded the legacy roads to contractors.

According to him, “It is necessary to note that the Federal Executive Council approved our Legacy Projects to be procured, awarded and constructed in sections. The completed 30 km segment of the Lagos-Calabar Coastal Highway is part of the 47.7 km, six-lane Section I contract, not a wholesale 750 km contract, as some have suggested.

“No contractor has been awarded the entire corridor. Our approach has been systematic, transparent, and section-based. The Sokoto-Badagry Superhighway envisioned 47 years ago under the Shagari administration, is another legacy project we have revived.

“This corridor – spanning Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos – holds immense potential for agriculture, trade, and industrialisation.

“It connects over 58 dams, vast arable farmlands, and trade routes to our West African neighbours and offers great promise for windmill energy generation.

“Construction is well underway.

In Kebbi, we have completed over 10 km of the 258 km three-lane car-

riageway, and today we flag off the second carriageway. This section is the longest in all our Legacy Projects.

“In Sokoto, work has begun on the 120 km 2single-carriageway by three lanes from Illela. I understand that over 10km of this project is already completed. Today, we shall be flagging off the second carriageway of 120km with three lanes.

“Work is also at an advanced stage in this section. More sections are being designed for procurement and award within the whole length of the SokotoBadagry Superhighway. On my way here, I witnessed significant progress at Section II of the Lagos-Calabar Coastal Highway, with over 10 km of the 55 km stretch already completed.

“I am also pleased to report ongoing works in the Cross River and Akwa Ibom sections and have directed that more segments be designed and procured. The Trans-Sahara Trade Route, another visionary project, is advancing steadily. It will connect

He said: “Today, I stand here very proud, standing tall, beating my chest, knowing that since 2019, this administration has awarded 22 roads in Ijebu-Ode alone.

“Out of the 22 roads we awarded in Ijebu-Ode, we’ve completed 16 of those roads, while six other roads are ongoing.

“When I assumed office on the 29th of May, 2019, Ijebu-Ode was one of the first cities that we visited, and the reason was not far-fetched.

“I wanted to have an on-the-spot assessment of the situation of our

Sokoto State; construction of Section II Phase 2 B-258 km of Sokoto-Badagry Superhighway in Kebbi State; construction of Lagos–Calabar Coastal Highway (Section II)-55km in Lagos to Ogun State Border; rehabilitation of ZariaHunkuyi to Daya Road (Sections I, II & III) 152.67km in Kaduna/Kano States and reconstruction of Dikwa – Gamboru - Ngala Road - 49.55km in Borno State.

He equally flagged off the completion of the dualisation of the Kano–Maiduguri Road linking KanoJigawa-Bauchi-Yobe and Borno States; 100.95km, construction of Maiduguri Ring Road – 108km, construction of Kano Northern Bypass Road in Kano State, – 74km; construction of 7th Axial Road at Lekki Deep Sea Port, Lagos State to Ijebu-Ode, Ogun State– 25km by 6-lane and completion of rehabilitation of Lokoja – Benin road on rigid pavement.

Other roads were the dualisation of Oyo—Ogbomoso Road in Oyo

State, 104km; the dualisation of Kano—Daura—Kongolam in Kano, Jigawa, and Katsina States, 264km –BUA Tax Credit; and the reconstruction of Bama–Banki Road in Borno State, 49.15 km Dangote Tax Credit.

The president thanked the ‘four wise men of the private sector’ in the persons of Jim Ovia, Femi Otedola, Abdulsamad Rabiu, and Aliko Dangote, for contributing to Nigeria’s economy and also commended the Minister of Works, Umahi, Roland and Gilbert Chagoury, and Aigboje Aig-Imoukhuede.

Tinubu thanked Alhaji Aliko Dangote for his interest in developing the country through continuous investments.

“Having inspected the Dangote refinery, which is a great point of reference, a great phenomenon of our time and a massive investment, I want to thank Aliko Dangote.

Continued on page 32

$300 Landing Charge: Despite FG’s Directive, NAMA Stops Helicopters from Taking-off Oil companies threaten to suspend operation

Contrary to the aviation minister’s directive that new $300 landing levies be collected from oil and gas companies, instead of airlines,

Gov Abiodun: We’ve Completed 16 Major Road Projects in Ijebu-Ode Governor Dapo Abiodun of Ogun State has said his administration has completed 16 out of the 22 road projects it has embarked upon in Ijebu-Ode Local Government Area since its inception six years ago.

The governor disclosed this in Ijebu-Ode at the commissioning of the Awokoya, Igbeba-Yidi Road, explaining his government took an interest in the roads because of their importance to the socio-economic life of the people and to stop the yearly loss of lives, particularly on the Yidi Road.

Calabar to Abuja via Ebonyi, Benue, Kogi, and Nasarawa.”

President Tinubu said he had directed accelerated design on the 4th Legacy Project of the AkwangaJos-Bauchi and Gombe corridor to enable procurement to start.

“Let me assure you that with God on our side, we shall complete these projects and deploy them for the economic benefit of our nation,” he said.

Other projects inaugurated virtually by the President included Yakasai to Zalli Road, Kano State (CCECC), Shendam Bridge, Plateau State (Triacta), Kwanar-Hadejia Section II (82km), Kano/Jigawa States (CCECC), Jimeta Bridge, Adamawa State (Triacta), Ilobu-Erinle Road, Kwara/Osun States (IAC) and Cham-Numan Bridge, Adamawa State (CGC).

President Tinubu also flagged off the following projects for construction: Section I Phase IB-120km of Sokoto-Badagry Superhighway in

roads in Ijebu-Ode, and what was brought to my attention were particularly the flooding and erosion issues that Ijebu-Ode was experiencing.

“I made a promise that my administration would ensure that these issues become history.”

The governor who reiterated his commitment to the fair and equitable distribution of developmental projects in all sections of the state, noted that as the state helmsman, his job is to ensure all-round development of the state.

Nigerian Airspace Management Agency (NAMA) yesterday stopped helicopter operators providing shuttle service to oil and gas companies from taking off, demanding payment invoice from them.

Few years ago, NAEBI Dynamic Concept Limited received approval from the federal government under the former Minister of Aviation, Hadi Sirika, to collect $300 helicopter landing fee from oil and gas service providers.

But that was resisted until recently, when the federal government, again, directed same company to commence the collection, but this time from oil and gas companies.

A statement by NAMA confirming the new order and signed by Director, Public Relations and Consumer Protection, Abdullahi Musa, stated clearly that the landing charge will be paid by oil companies.

The statement said, “According to a ministerial directive on the above subject, Messrs NAEBI Dynamics Concepts Ltd is to immediately

resume collection of levies related to air navigation services for helicopter operations by oil companies’ operations at fields, platforms, terminals, rigs, FPSOs (Floating Production, Storage and Offloading), heliports, helipads and aerodromes in line with its contract.”

The statement also asserted that the ministerial directive, which specified that Naebi Dynamic Concept Ltd shall strictly invoice oil companies directly, however excluded helicopters operated

by Airline Operators of Nigeria (AON) from the said levies by the consultant.

But yesterday NAMA flouted the rule by stopping helicopter operations with oil and gas personnel being airlifted to the fields in the Niger Delta during take-off at the Murtala Muhammed International Airport, Lagos.

The air traffic controller that interacted with one of the helicopter pilots, insisted that he must provide invoice of the $300 landing fee payment or it would not be cleared for take-off.

THISDAY confirmed the request for invoice before clearance to take off

from interactions between terminal manager, air traffic control and pilot of one of the helicopters.

The manager said, “We have to see your invoice. We are not doing this on our own. It is the directive that has been given to us. You can reach out to our bosses, directors or our MDs. They are the ones that gave us the instructions.”

The pilot then enquired if the terminal manager had received the communique stating that the levies should be collected from oil platforms and not airline operators.

“Sincerely, like I told you, we are acting strictly on instructions. You may wish to direct whatever issues you have to our superior officers,” the manager said.

Meanwhile, there were indication that oil and gas companies rebuffed the request of NAEBI Dynamic Concepts Limited to pay the $300 landing fee and threatened that if the company and the Ministry of Aviation continued to press the request, they would suspend operations.

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Oil Licensing Round: No Law against Age of Firm’s Incorporation, Says NUPRC Commission rebuts report on expiration of permits for 40 blocks

Emmanuel Addeh in Abuja

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday continued the defence of the conduct of the 2024 oil block licensing round, refuting recent allegations made in an online newspaper that it gave licenses to a company incorporated just days before the process began.

In a statement by the commission in Abuja, it maintained that no violations of oil licensing guidelines occurred during the bid round, contrary to claims that the bidding firm was improperly awarded oil blocks.

The commission clarified that the entire process was conducted in strict compliance with the Petroleum Industry Act (PIA) and its own licensing guidelines, ensuring a transparent, competitive and technology-driven bidding exercise.

The Chief Executive of the NUPRC,

Gbenga Komolafe, explained that the bid guidelines do not restrict participation based on the age of a company’s incorporation; but that instead, eligibility was determined by a rigorous assessment of technical expertise, financial strength and legal compliance.

Komolafe emphasised that the technical and financial capacity of a bidder is assessed not merely by the date of incorporation of the bidding entity, but by the pedigree and proven track record of its promoters, affiliated companies or parent organisations.

This approach, he said, allows newly formed Special Purpose Vehicles (SPVs), when backed by credible and experienced industry players, to compete effectively and fairly.

“The 2024 licensing round involved multiple stages, including prequalification, technical evaluation and commercial bid evaluation. Applicants were required to demonstrate financial

Gbenga Komolafe capability, technical expertise and legal compliance by submitting detailed documentation, such as incorporation papers, tax clearances and proof of operational experience.

“The pre-qualification window was open with no restrictions on company age. The commercial bidding phase was carried out digitally

using encrypted technology to ensure the integrity and confidentiality of the data.

“The results were announced transparently and publicly, featuring live televised sessions that were observed by stakeholders, including the Nigeria Extractive Industries Initiative (NEITI) and relevant

government ministries,” he added.

According to him, the commercial bid evaluation was conducted using a transparent, digital and point-based assessment system, which included signature bonus, proposed work programme financial commitments and work performance security.

The statement highlighted that indigenous oil companies aggressively participated and outbid some national and international players, reflecting strong investor confidence following the enactment of the PIA 2021.

“At the conclusion of the process, NEITI publicly commended the transparency of the exercise after witnessing the entire procedure.

The report praised NUPRC for significant improvements in the 2022-2023 mini bid round and the 2024 licensing round, emphasising professionalism, transparency and inclusivity,” it pointed out.

The commission insisted that the 2024 oil block licensing round adhered

Tinubu: Nigeria Has Secured Over $2.2bn for Health Sector Reforms

administration in December 2023. The initiative, which is already underway, aims to renovate over 17,000 primary health centres, train 120,000 frontline health workers, and double national health insurance coverage within three years.

Highlights of the ceremony included the announcement of the African Life Sciences Foundation endowment fund of $75 million brokered by Afreximbank and the Bank of Industry to support medical research.

Speaking at the inauguration ceremony of the AMCE, Tinubu, who was represented by Vice President Kashim Shettima, noted that it was not just about unveiling a structure of steel and bricks, but also unveiling Nigeria’s, “collective refusal to accept medical vulnerability as destiny.”

The President narrated reforms and investments made since he took office two years ago, including the signing of an Executive Order to

unlock the healthcare value chain and the launch of the Presidential Initiative to Unlock the Healthcare Value Chain (PVAC).

These policies, he said, have intensified local pharmaceutical production, improved regulatory systems, and expanded access to diagnostics.

According to Tinubu: “But our efforts did not end there. In December 2023, we launched the Nigeria Health Sector Renewal Investment Initiative.

That initiative secured over $2.2 billion in health sector commitments, with clear, measurable targets: to renovate over 17,000 primary health centres, train 120,000 frontline health workers, and double health insurance coverage within three years. These are not aspirations. These are milestones already in motion.”

The President noted that the AMCE, a state-of-the-art facility developed by the African Export-Import Bank (Afreximbank) in partnership with

King’s College Hospital, London, would serve as a leading centre for advanced treatment, medical training, and research.

The facility, according to him, hosts the largest stem cell laboratory in West Africa and will expand to include a teaching hospital, nursing school, and residential quarters for medical personnel.

He said the initiative has laid a foundation for a new generation of medical professionals in Nigeria and has given hope that the ‘Japa’ syndrome will soon be put to an end. becomes possible when institutions rise to African challenges with African solutions.

“We are not gathered here because we lack hospitals. Far from it. We are here because the pursuit of excellence is endless. We are gathered because we refuse to accept mediocrity as our destiny.

“I am also proud that Nigeria now hosts the largest stem cell laboratory

in West Africa, located within this Centre. With your planned Medical and Nursing School on this campus, and with partners ranging from King’s College London to the University of Wisconsin, you are laying the foundation for a new generation of African medical specialists—specialists who will no longer be exported but empowered at home,” he added.

Paying tribute to Afreximbank’s President, Prof. Benedict Oramah, Tinubu said, “I must pay tribute to Afreximbank and its visionary President, Professor Benedict Oramah, for seeing what many dared not dream.

This is what becomes possible when institutions rise to African challenges with African solutions.”

The President also stressed the importance of infrastructure investment through the Renewed Hope Infrastructure Development Fund, even as he said, “A world-class hospital cannot function on a dirt road, and no MRI machine works without

US: Bilateral Trade with Nigeria Reached $13bn in 2024 Lauds FG’s reforms, seeks more action in power sector

Emmanuel Addeh in Abuja and Nume Ekeghe in Lagos

The United States government said yesterday that the country’s trade with Nigeria reached $13 billion in 2024, emerging as its second-largest trading partner on the African continent.

It also lauded the Nigerian government for the recent wave of economic and fiscal reforms, describing them as critical steps toward improving the country’s investment climate and attracting foreign participation, especially from American businesses.

Speaking during a fireside chat at the Lagos Business School (LBS) in Lagos, themed: “Toward a Robust US-Nigeria Commercial and Investment Partnership,” the country’s Ambassador to Nigeria, Richard Mills, noted that the US will increasingly move from development aid to private sector-led investment in Nigeria and sub-Saharan Africa to deepen commercial engagement with the region.

“Nigeria is already the United States’ second-largest trading partner in Africa, with two-way trade in goods and services totaling nearly $13 billion in 2024. In terms of investment, the United States remains one of Nigeria’s leading foreign investors, with foreign direct investment reaching $6.5 billion in 2023, a 5.5 per cent increase

from 2022,” Mills added.

He lauded the current leadership in Nigeria, both at the federal level and state levels, for listening and acting when issues are raised. “ (They) listen to us when we come in and say, ‘This has been identified to us as a serious issue for US business,’ and I think that’s really important to put out that we do have some listening, really listening, happening,” Mills stated.

He acknowledged that while the economic reforms have come with challenges for Nigerians, they offer long-term potential for inclusive growth.

“We have seen some significant economic reforms in the last several years that have really improved the macroeconomic possibilities here.

I know they’ve been painful for a lot of Nigerians, but I do believe our assessment is that they will begin, hopefully, to have these green shoots grow into even more opportunities,” he stressed.

Mills pointed to the ongoing tax reform process as particularly encouraging, referencing feedback from American firms grappling with Nigeria’s complex tax environment.

“One US business told me that their operations in Nigeria paid 67 different federal taxes including a tax on wheelbarrows which is some leftover from a different age. So, the tax reform bill is very important,” he added.

Despite the progress, the ambassador noted that structural barriers, particularly in power infrastructure remain a major deterrent for US businesses, especially in energyintensive and tech-driven sectors.

He noted: “The government and private sector need to take on the energy question. Electric power distribution and transmission capacity is still a serious blockage for a lot of US firms here especially in the tech sector, which is very interested in taking advantage of Lagos and the country’s incredible talent in the tech field.”

Speaking on a trade-driven partnership, rather than traditional aid flows, he said that Nigeria, one of Africa’s largest economies with huge economic potential, is ready to enter a new phase of vibrant private sector-led growth.

He said: “Over the last few decades, the United States has invested billions of dollars in Nigeria’s health, Nigeria’s education and agricultural sectors, I believe, saving lives and also creating new economic opportunities on the ground.

“However, we have reached what President Trump likes to call an inflection point. Now is the time for us both to build on the strength of these aid investments and for Nigeria, one of Africa’s largest economies with huge economic potential, to enter a new phase of vibrant private sector-led growth.”

He stated that the US was making a shift from aid to trade, stressing that the country was interested in engaging African nations not as aid recipients, but as capable commercial partners.

“For us, as our chief of African Affairs, Ambassador Latrell, said, going forward, we will continue to invest in development, but we will do so through expanding trade and private investment, because it is the private sector, not assistance, ultimately, that drives the final stage of economic growth,” Mills said.

stable electricity. We are investing in the roads, power, and connectivity that breathe life into health facilities.

“With your planned Medical and Nursing School on this campus, and with partners ranging from King’s College London to the University of Wisconsin, you are laying the foundation for a new generation of African medical specialists—specialists who will no longer be exported but empowered at home.”

Tinubu assured continued government support for the initiative, saying it was a strategic investment in Nigeria’s future.

“This is not just a place to treat the sick—it is a place to train for the future,” he added.

On his part, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said with the establishment of the AMCE, “Nigeria is today healthier and wealthier than before.”

He pointed out that if figures were to be displayed, the edifice would cost not less than $400 million mobilised by the private sector.

The Minister said this type of establishment could not come at a better time than this for Africa to have a hospital that can handle different medical associations on the continent, adding, “The hospital is a marvel of science and modernity of facility.”

Earlier in his remarks, Oramah, said the event was a testimony that, “society is better-off serving lives that burying its death and that it’s a living person that can contribute to the development and social transformation.”

Recalling his ordeal as a sick person admitted at the King’s College Hospital in London, he stated that the only way he could appreciate the Almighty God, his Afreximbank colleagues and those who saved his life was to contribute to creating quality healthcare infrastructure and services.

Oramah said one of the contributions he could make to Africa was to help Afreximbank, “to deliver on its well-developed and documented structured strategy on medical care

fully to all statutory provisions and guidelines, with no discrimination or corrupt practices involved.

“The NUPRC remains committed to transparent regulation aimed at optimising Nigeria’s hydrocarbon resources and attracting investment under President Bola Tinubu’s administration,” it added.

Also, the commission has rebutted a publication that ‘incorrectly’ claimed that 40 oil block licenses will expire on June 27 this year. It said the report, based on a document downloaded from the NUPRC website, misinterpreted the facts and is capable of causing unnecessary panic and confusion within Nigeria’s upstream petroleum industry.

The commission clarified that the 40 Petroleum Prospecting Licences (PPLs) referenced in the publication were at different stages of exploration, appraisal and pre-development, with each stage having distinct regulatory requirements and timelines.

delivery and with Star Alliance, Kings College Hospital in London and twelve years of sick medical experience, the African Medical Centre of Excellence opens its door in Abuja.”

“African Medical Centre of Excellence is not just to provide top-notch medical care but also catalyse the transformation of the African health sector,” he added.

Giving his goodwill message, British High Commissioner to Nigeria, Mr. Richard Montgomery, thanked the President of Afreximbank, the Board of African Medical Centre for Excellence and everyone who worked to put the hospital in place.

He said the hospital is an important institution that will stop medical tourism in Nigeria, as it will attract people to the nation to get the same benefits they would have received outside the shores of the country.

On his part, the Secretary to the Government of the Federation, Senator George Akume, commended Afreximbank for what he described as a bold and innovative initiative Africa Centre for Disease Control (CDC) said the hospital would not only bring great innovations in medical practice but would help reduce resources lost in medical tourism by African people.

Secretary General of the African Continental Free Trade Area (AFCFTA ), Vankele Mene said the AMCE is coming to break barriers in medical excellence and bring in the most sort best practices in medical practice to Africa for the benefit of the people of the continent.

He said the African Union was committed to supporting the initiative and mobilise all other agencies to offer their support for the success of the health initiative.

Tanzanian President represented by their Minister of Health commended the innovative steps by Nigeria and the Afreximbank in establishing the health facility, which she said will no doubt contribute significantly to the quest to improve the capacity of health professionals.

Olawepo-Hashim: Plastic Waste Now Silent Invader of Our Homes, Food Chain

Plastic waste has become silent, but dangerous invaders of homes, oceans and even food chain, frontline politician and former presidential candidate, Dr. Gbenga OlawepoHashim, has declared on this year’s World Environment Day. In a goodwill message he personally signed, Olawepo-Hashim affirmed that by the theme of this year’s event, “Plastic Pollution and What We Can Do to Tackle It,” Nigerians were reminded of their shared responsibility to protect the planet that sustains humanity.

He added that this year’s theme was a powerful call to action for

individuals, communities, businesses, and governments to confront one of the most urgent environmental crises of our time.

Olawepo-Hashim stated, “Plastic waste has become a silent invader in our homes, rivers, oceans, and even our food chain. It threatens wildlife, undermines public health, and disrupts ecosystems in ways that demand immediate and sustained action. Nigeria, like many nations, is not immune to these dangers.

“From clogged drainage systems in our cities to polluted waterways in our rural communities, the evidence of plastic pollution is everywhere.”

The statesman, however, maintained, “There is hope – and there is something each of us can do.

“We must rethink our relationship with plastic. This begins with reducing our reliance on single-use plastics, encouraging innovation in sustainable packaging, and promoting large-scale recycling programmes.

“Governments must strengthen regulations and enforcement, while industries must invest in greener alternatives. Most importantly, our citizens – especially the youth – must lead a cultural shift toward environmental responsibility.”

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LOCAL GAS DISTRIBUTORS BUSINESS FORUM…

L-R: Executive Secretary, Association of Local Distributors of Gas (ALDG), Oga Adejo-Ogiri; Vice Chair, Starzs Gas Limited, Iroghama Ogbeifun; Executive Director , Gas, Power & Renewable Energy, A.Y.M Shafa Holdings, Teryima Toryila; Chairman, ALDG and Managing Director Gas Distribution, Axxela, Kehinde Alabi; General Manager , Operations, Gas Aggregator Company Nigeria (GACN) Ltd, Yetunde Odejobi; Head of Commercial, Presidential Compressed Natural Gas Initiative (PCNGi), Tosin Coker, and Chief Executive Officer, Powergas Nigeria, Sumeet Singh, at the maiden edition of the ALDG Business Forum in Abuja...recently

Edo PDP Condemns Okpebholo’s Continuous Use of Illegally Appointed Imposters as LG Chairmen Adibe Emenyonu in Benin City The Edo State chapter of the Peoples Democratic Party (PDP) has strongly condemned the perpetual use of illegal and imposters as local government chairmen by the Senator Monday Okpebholo-led administration, despite clear and binding rulings by competent courts of the land.

The party said it is of public record that there are two court judgements ordering

the immediate reinstatement of the duly elected council chairmen who are still victims of Okpebholo’s unprecedented onslaught.

Those involved are the Chairman of Akoko-Edo Local Government, Tajudeen Alade; and the Chairman of Etsako West Local Government, Zibiri Marvelous.

The PDP in a statement in Benin City, endorsed by the party Caretaker Committee

NOA Tasks Corps Members on Behavioural Change Segun James

The National Orientation Agency (NOA) has urged corps members to imbibe positive behavioural change.

The Osun state director of the agency, Mr. Stephen Adebiyi, made the remarks while delivering a lecture on National Values Charter (NVC) at NYSC permanent orientation camp, Ede, Osun State.

The NOA director emphasised the need for the corps members to imbibe the tenets and ethos of NVC which is the hallmark of being a responsible Nigerian.

He said that NVC serves as a tool designed to foster national cohesion and

progress by imbibing a sense of shared responsibilities and commitment between government and its citizens.

Adebiyi urged the corps members to use their service year to promote unity and national values in the host communities they will be posted to for the one year mandatory service.

He called on the officials at the orientation camp to take proper care of the corps members and ensure their security at all times.

The NOA director also urged the people to be friendly and make the stay of the youth corps members in the various communities of their posting enjoyable and memorable.

Marcel Ofomata Foundation to Host Medical Outreach in Anambra

The Marcel Ofomata Foundation is set to host a two-day free medical outreach this August, reaching residents in the communities of Isuofia, Nanka, and Igboukwu in Anambra State.

This initiative, which is part of its 10th anniversary celebrations, reflects the Foundation’s enduring commitment to improving community health, advancing well-being, and ensuring access to essential medical care for underserved populations.

Inspired by the tremendous success of its 17th Free Medical Mission, the outreach will provide residents with comprehensive health services at no cost. Participants will receive free medical consultations and diagnostic services. The outreach will also offer treatment for common conditions and carry out minor surgical procedures where necessary. In addition, there will be eye screenings, with free prescription glasses given to those

in need. Laboratory testing will be available, and the Foundation will also conduct health education sessions focused on preventive care and wellness practices.

The two-day event is scheduled to take place on August 13 and 14, 2025, beginning each day at 9:00 a.m. On the first day, activities will be held at the Ozalla Primary Health Center in Isuofia. On the second day, the outreach will be conducted simultaneously at two venues: the Palace of the Igwe in Nanka and Landmark Hotel, Umudebe, Igboukwu.

Speaking ahead of the outreach, Programs Director of the Marcel Ofomata Foundation, Abayomi Disu, said: “This two-day outreach is not only a response to urgent community health needs — it is also a celebration of 10 years of impact and service. Our goal is simple: to reach the unreached and bring healing where it’s needed most.”

Publicity Secretary, Mr. Chris Nehikhare, noted that in the separate declarative judgements, the Courts held that there was indeed non-compliance with

the procedure stipulated under Section 19 of the Edo State local government law, and that the duly elected Council chairmen were not given a fair hearing before their

illegal removal, thereby setting aside their removal.

“The Courts therefore ordered their immediate restoration and return to office and directed the

Inspector General of Police, Kayode Egbetokun, to provide the elected council chairmen with the necessary security to immediately resume their offices.

IPCR Expresses Concern over Continued Killings in Benue, Other States Group condemns call for emergency rule in Benue

Michael Olugbode in Abuja and John Shiklam in Kaduna

The Director-General of the Institute for Peace and Conflict Resolution (IPCR), Dr. Joseph Ochogwu, has expressed deep concern over the persistent violence and killings in Benue and other states across the country.

Ochogwu, in a statement yesterday, highlighted the devastating impact of these attacks on innocent lives and the nation’s overall security, noting that the recent killings have become a source of concern for the Nigerian government and other stakeholders.

He lamented that the

continued bloodshed has resulted in significant humanitarian challenges, including displacement, trauma, and loss of livelihoods, and emphasizing that the government must take immediate action to address the root causes of these conflicts and ensure the safety of citizens. He recommended that

the government engage with local communities, traditional leaders, and other stakeholders to develop effective strategies for promoting peace and stability, calling on Nigerians to support the government’s efforts to remedy issues around livestock production, livestock transformation, and enhancement.

Oduduwa Frontiers Counters Afenifere’s Criticism of Tinubu’s Midterm Performance

Folalumi AlaraninAbuja

The Oduduwa Frontiers has strongly disagreed with recent comments by the pan-Yoruba sociopolitical group, Afenifere, regarding the midterm performance of President Bola Ahmed Tinubu’s administration, describing their assertions as “misleading” and lacking in proper context.

In a statement issued by its National President, Kolawale Adediji Kazeem, the Oduduwa Frontiers expressed disappointment at Afenifere’s claim that Nigeria’s development indicators have regressed under the current administration, calling the remarks “unrealistic” and “uninformed.”

He said: “The assertion that every human development

and sociopolitical index has regressed since the inception of this administration is not only misleading but also reflects a profound misunderstanding of the complexities facing our nation today.”

“Firstly, it is essential to recognise that the challenges confronting Nigeria are multifaceted and deeply rooted in years of

mismanagement and neglect.

The previous administration left a legacy fraught with economic instability, infrastructural decay, and social unrest.”

“To hold President Tinubu accountable for the consequences of these long-standing issues is not only unfair but also undermines the very essence of responsible governance.”

Alleged Disobedience: NRM Threatens Mahmood Yakubu with Contempt Charge

Alex Enumah in Abuja

The National Rescue Movement (NRM) has threatened to file contempt charge against the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, over his continued refusal to recognise Chief Edozie Njoku as its national chairman.

According to the party, the refusal of Yakubu to accept the Njoku-led leadership which emerged at an emergency convention of the party in January this year, tantamount to disobedience of court’s judgment.

Meanwhile, Njoku, on Thursday, urged the INEC boss to obey the valid and subsisting court judgment that has resolved

the leadership crisis in the party in the interest of Nigeria and democracy.

Speaking with newsmen at the premises of a High Court of the Federal Capital Territory (FCT), Asokoro, where a case that was filed by aggrieved members of the party was thrown out, Njoku wondered why Yakubu was yet to comply with the judgment

of the court five months after, and without going on appeal.

He recalled that a Federal High Court in Abuja, had in a ruling delivered on January 16, in a suit marked FHC/ABJ/ CS/ 45/ 25, issued an order of mandamus that directed the electoral body to monitor the convention the NRM held the next day and accept its outcome.

Osun APC Accuses Amotekun Corps of Harassing Members, Petitions IG Yinka Kolawole inOsogbo

The Osun State chapter of the All Progressives Congress (APC) has decried the alleged excesses of the Amotekun Corps, saying the security outfit has become the political arm of the Peoples Democratic Party (PDP) and the administration of Governor

Ademola Adeleke.

The APC party in the state alleged that the Amotekun Corps is being used to oppress and victimise its members in the state by the Governor Adeleke’s administration.

The party, during a press conference held in Osogbo, said it had got “an intelligence report” that the security outfit would drag

some APC members from Itaapa, Atakumosa East Local Government Area before a Magistrate Court following the outcry and backlash their arrests generated from the public in the last two days.

According to Mogaji Kola Olabisi, the party’s Director of Media and Publicity, who read the address, “The Osun

Amotekun Corps are keeping many citizens and supporters of the APC in their secretly-operated dingy Underground Cell in their headquarters at Power-line Area, Ikirun Road, Osogbo. Family members of some of the detainees are not aware of the ordeals of their loved ones in the hands of the Osun Amotekun Corps.”

Ijebu Boys Economic Forum Charts Path to Regional Devt, Growth The Ijebu Boys Association has successfully hosted the maiden edition of the Ijebu Economic Forum, uniting a diverse mix of stakeholders, which ranged from Ijebu dignitaries and local entrepreneurs to startups, fintech innovators, service providers, and creative artists.

The forum served as a

platform for discussing strategic pathways to economic empowerment through healthfocused and socio-cultural initiatives tailored to the unique opportunities in Ijebuland.

Held under the theme “Health to Wealth: Catalysts to the Economic Development of Ijebuland,” the summit explored

how improved health outcomes can serve as a springboard for broader economic growth.

Discussions focused on actionable strategies to enhance well-being as a foundational element of prosperity in the region.

In his welcome address, President of the Ijebu Boys Association, OlagbuyiOduniyi,

highlighted the group’s evolving mission to bridge entrepreneurship gaps in semiurban and rural communities across Ijebuland.

“Beyond our medical outreach programs, IJ BOYS is passionate about economic empowerment and community development,” he stated.

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IJEBU ECONOMIC TRADE FIESTA…

L-R: President, Ijebu Boys Association, Mr. Olagbuyi Oduniyi, and Special Guest/Keynote Speaker, Otunba Bimbo Ashiru, at the Ijebu Economic Trade Fiesta in Ijebu-Ode, Ogun State…recently

Pro-democracy Activists Oppose Appointment of INEC Chairman by Incumbent President

Adedayo Akinwale in Abuja

Pro-democracy activists have kicked against the appointment of the chairman of Independent National Electoral Commission (INEC) and National Commissioners by the incumbent president.

Against this background, the activists have sent a memorandum to the two Chambers of the National Assembly demanding CHANGE OF NAME

I, formerly known and addressed as MRS EZEODUGHU CELESTINA, now wish to be known and address as MRS EZEODUGHU CELESTINA ONYMAUZOCHI. All former documents remain valid. The general public should take note.

I, formerly known and addressed as LUKMON AKINYEMI, now wish to be known and address as LUKMAN AKINYEMI. All former documents remain valid.

The general public should take note.

I formerly known as MISS ANAH NGOZI PRISCA, now wish to be known and addressed as Mrs EZEA NGOZI PRISCA SYLVIA. All formal documents remain the same. The general public should take note.

I, formerly known and addressed as Adedire Jolade Sekinat, now wish to be known and Ogunbadejo address as Jolade Sekinat. All former documents remain valid. The general public should take note.

I, formerly known and addressed as JOSHUA EJIFOMA now wish to be known and address Joshua Otemabo. as Ejifoma. All former documents remain valid. The general public should take note.

I, formerly known and addressed as NZEJI ANTHONY UCHECHUKWU, now wish to be known as NZEJI ANTHONY UCHENNA. All former documents remain valid. The general public should please take note.

CONFIRMATION OF NAME This is to notify the general public that the bearer of these names INYANG ISAAC SYLVANUS , ISAAC DAVID, and ISAAC SYLVANUS DAVID remains one and the same person as it appeared in all my documents.

Henceforth, I wish to be known and addressed as ISAAC SYLVANUS DAVID. All documents remain valid. The general public should please take note This is to confirm to the general public that the names below: CHIDINMA SOLOMON UGOCHUKWU and IWUAJOKU PROMISE UGOCHUKWU is one and the same person, now wish to be known and addressed as IWUAJOKU PROMISE UGOCHUKWU. All former documents remain valid. The General Public should please take note.

a stoppage of the incumbent President appointing the electoral boss.

At the presentation of policy brief and memoranda by the Women Rights Advancement and Protection Alternative (WRAPA) in partnership with African Centre for Leadership, Strategy and Development (CENTRE LSD) held in Abuja yesterday, they were of the opinion that the

Environmental Infraction: Lagos Arrests, Arraigns Five Persons

Segun James

Five persons have arrested and remanded in prison custody by the Lagos state governmeent for dumping refuse at a canal in Igando, Alimosho area of the state.

The government said that the arrest was to show a clear demonstration of its zero tolerance for indiscriminate refuse dumping.

The five men who were arrested for dumping refuse in the canal along Igando-Iba road Link Bridge were arraigned and remanded in Kirikiri prison.

The accused persons Quassim Jamiu 44, from Kwara State, Ayo Jamiu 18, from Kwara State, Alexander Innocent 40, from Akwa Ibom, Oparinde Taiwo 55, from Ogun State and Moses Adelowokan 76, from Osun State were arraigned before a Magistrate Court sitting in Oshodi. Their case was later adjourned till July 9.

The men who were apprehended by a team from Kick Against Indiscipline (KAI) and security men had conveyed the waste in a lorry and were in the process of dumping it into the canal when security men swooped on them.

This latest arrest is coming less than 48 hours after the State Government read the riot act to all those who engage in disobeying provisions of the State Environmental laws that if caught, they will face prosecution.

Speaking on the arrest, Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, reiterated the resolve of the state government to come down hard on all those who engage in indiscriminate dumping of refuse.

appointment process for INEC leadership remained questionable since it creates a conflict of interest for the President.

Making their demands under the presentation titled; Memo on appointment criteria for INEC Chairman and Commissioners, the

forum suggested a composition of independent panel membership of eight institutions to screen and nominate three persons for the selection and approval of one person by the President and National Assembly.

Presenting the memorandum

at the event, Dr. Austin Aigbe stressed the urgent need to make the appointment process in INEC more transparent and less subject to political pressures in order to enhance the integrity and impartiality of INEC. The pro-democracy activists also

proposed the establishment of an independent body that would be responsible for selecting a set of candidates for INEC leadership to the President, who in turn nominates one from the set to enhance the credibility, transparency, and public trust in the electoral landscape.

Community Leader Seeks Tinubu’s Urgent Intervention in Plateau Killings

Michael Olugbode inAbuja

A community leader and the Waziri Mushere of Bokkos Local Government Area of Plateau State, Chief Yohana Margif, has expressed dismay over the incessant killing of innocent citizens of the community.

Margif made this known in an interview with journalists yesterday

in Abuja.

He called on President Bola Tinubu to urgently intervene to halt what he described as genocide against the people, which he said was being perpetrated by suspected herdsmen.

Margif also called on Malam Nuhu Ribadu, the National Security Adviser, and other security

chiefs in the country, to rein in the alleged culprits.

He said: “I would like to draw the attention of the topmost leadership in Nigeria to the deteriorating dire security situation in Plateau, particularly in Mushere Chiefdom of Bokkos LGA.” “I urge President Tinubu to take immediate decisive action to halt

these endless and senseless killings, protect lives and properties, and secure the future of the Mushere people, and other victims of obvious genocide against the people.” “Herdsmen are killing our innocent people, burning their homes, looting their foodstuff, property, livestock, and taking over their ancestral lands,” he said.

Deeper Life Church Cxondemns Demolition of Properties in Lagos Sunday Okobi

The Deeper Life Bible Church, a global longstanding pillar of faith and community service providers with branches in different parts of Lagos State and the world, has strongly condemned what it described as “the ongoing unjust and unwarranted actions by the Lagos State Government and its

agencies which have systematically targeted some of the church’s properties and locations.”

Narrating the “unjustified actions against its legal properties in Lagos,” the church, through its lawyer, Nojim Tairu & Co, told THISDAY yesterday that over the past months, “our church has faced an alarming pattern of hostility from certain state agencies, leading to undue

harassment, demolition threats, and unwarranted restrictions placed upon our places of worship and community centres.”

“On May 22, 2025, the Chairman of Surulere Local Government Area (SLGA), Hon. Sulaiman Bamidele Yusuf, had a meeting with the church’s representatives and declared intention to acquire the church’s land to which the

church replied that the right to acquire property for overriding public interest could only be exercised by the Federal and State Governments, not a Local Government.

“Despite the above order, on May 26, 2025, SLGA, in its characteristic show of impunity and lawlessness took over the church’s premises and completely demolished same.”

World Environment Day: AAPW Leads the Charge to End Plastic Pollution

Olusegun Samuel inYenagoa

The Academic Associates Peace Works (AAPW) has called for holistic approach in solidarity with global efforts to combat plastic pollution, describing it as one of the most pressing environmental threats of the time AAPW said plastic pollution is

not only an environmental issue but also a threat to human health, livelihoods, and biodiversity and a significant driver of climate change.

In a statement issued by its Senior Communication Officer, Success Mwanedo, he said this year’s theme: ‘End Plastic Pollution’, calls for urgent and collective action to address the

plastic crisis threatening the ecosystems, livelihood, economies and health.

The NGO said promoting sustainable agricultural practices that minimise plastic use and waste while empowering local farmers through eco-friendly and economically viable methods are some of the ways to end the

menace.

She said: “Strengthening green and blue economy initiatives, including waste management innovation, recycling enterprises, and marine ecosystem protection, is essential to reducing plastic pollution and ensuring the longterm resilience of our environment and communities.

NLNG Equips Neonatal Wards, Upgrades ICU at FMC Asaba Omon-Julius OnabuinAsaba

The neonatal wards and intensive care unit(ICU) of the Federal Medical Centre (FMC) Asaba, were inaugurated with an appeal by the Federal Ministry of Health for more stakeholders to support efforts to improve healthcare facilities for newborns and others in the health sector.

The Nigerian Liquefied Natural Gas (NLNG) was responsible for equipping the wards and also the renovation of the Special Care Baby Unit (SCBU) of the FMC Asaba.

Managing Director and Chief Executive Officer of the NLNG, Dr. Phillip Mshelbila, handed over the projects to FMC Asaba yesterday.

Dr Mshelbila, in a keynote

address presented on his behalf by the NLNG General Manager, External Relations, Dr Sophia Horsfall, expressed delight at the depth of relief the new facilities and infrastructure upgrade would bring families and even the government and medical professionals, particularly because of the lives of the very vulnerable newbons and infants that will be

saved as a result of the intervention of the NLNG through its Hospital Support Programme (HSP).

The managing director said: “As a medical doctor, I understand the impact that the newly renovated and equipped neonatal ward and intensive care unit will have in saving lives, especially the most vulnerable newborns and critically ill infants.

Abia Communities Benefit from NDDC Road Construction administration.

Government of Abia State where crowd that came to celebrate

Emmanuel Ugwu-Nwogo in Umuahia

The emergency road construction project of the Niger Delta Development Commission (NDDC) has reached a community in Abia State sparking excitement and belief in the Renewed Hope Agenda of the President Bola Ahmed Tinubu

The NDDC incorporated the elements of the Renewed Hope Agenda in its projects with emergency road constructions being carried out in rural communities within the catchment area the interventional agency.

The latest beneficiary of the emergency road project is Ndiambe Ozuitem in Bende Local

NDDC flagged off emergency construction of Umuikwuoma -Ozu Road and emergency construction of Ozuitem Road with solar street lights.

The flag-off ceremony followed the commencement of work by the contractors, Karl Offshore Services Limited (a subsidiary of Gas Group), attracting a large

development.

The event which attracted prominent personalities from the community was hailed as a new dawn for the community given that it was the first time construction work would be carried on the road, which has remained inaccessible over the decades.

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T H I S D AY • FRIday JUNE 6, 2025

Politics

Acting Group Politics Editor DEJI ELUMOYE Email: deji.elumoye@thisdaylive.com 08033025611 sms only

Overview of Nigeria’s Health Sector Since 2023 Ebitimi Osaretin writes on the progress being made in Nigeria’s health sector over the last two years thereby positioning the nation an African leader in health resilience and equity.

W

hen President Bola Tinubu assumed office in 2023, Nigeria’s health sector stood at a difficult crossroads. Stretched thin by decades of underfunding, weakened infrastructure, emigration of health workers, and low trust from the public, the task seemed daunting.

Yet, within just two years, the winds of reform have begun to blow through the corridors of hospitals, clinics, laboratories, and primary healthcare centers across the nation.

Under the banner of the Renewed Hope Agenda, the Tinubu administration has initiated a bold journey to reposition Nigeria’s healthcare system, restoring confidence, improving outcomes, and investing deeply in both people and institutions.

Despite the laudable efforts, it is a journey still unfolding, but one that has already begun to transform lives and rewrite stories.

The first sign of renewed commitment came in the form of the Nigeria Health Sector Renewal Investment Initiative (NSHRII) Sector Wide Approach (SWAp) Compact, signed in 2023 with governors, development partners, and private sector actors.

This was followed by the Health Sector Strategic Blueprint blueprint, a document that would later become a guiding torch for reforms.

At the heart of these reforms lies a fourfold mission: to strengthen governance and accountability across the health system; improve the quality and equity of care for all Nigerians; unlock the value chain of health products through local production; and boost national health security by enhancing preparedness and response mechanisms.

A sector-wide approach now anchors collaboration between federal, state, and local governments—one that includes quarterly review meetings, joint communiqués, and transparent performance tracking.

The revitalisation of primary healthcare, the first and most crucial point of access for millions, has gained unprecedented momentum.

By the first quarter of 2025 alone, over 37 million Nigerians had accessed services from revamped PHC centres. Model facilities in Rivers, Edo, and Plateau now serve as shining examples of what is possible when leadership meets investment.

Beyond infrastructure, the administration has focused on maternal and child health through the Maternal and Neonatal Mortality Reduction Innovation Initiative (MAMII).

In just a year, six million pregnant women received essential micronutrient supplements, and more than 4,000 free caesarean sections were successfully carried out across empanelled health facilities.

To further equip the frontlines, over 60,000 midwifery kits were distributed nationwide, an initiative led by the First Lady, Senator Oluremi Tinubu, to empower nurses and reduce maternal deaths.

Nigeria’s health workforce is being reimagined with bold steps to halt brain drain and strengthen training. Training capacity has increased by 32%, with over 61,000 frontline health workers and 3,874 health managers trained since 2023. Enrollment in nursing programs grew from 28,000 to 115,000, while 120,000 new workers are expected to be trained by 2027.

The launch of the National Health Fellows Programme, which deployed 774 young health leaders, one from each local government, represents a long-term investment in leadership and innovation across the system.

This effort was complemented by a synchronous learning sessions, boasting a 74% module completion rate and near-perfect engagement in live sessions.

In recognition of these efforts, President Tinubu was named the African Union Champion for Human Resources for Health and Community Health Delivery.

For decades, Nigeria’s health insurance coverage stagnated at around 9%, leaving

allocated ₦25 billion under the Catastrophic Health Insurance Fund, which now covers costly treatments such as cancer care and dialysis.

The reform of the National Health Insurance Authority (NHIA) is unlocking private sector engagement, mandating individual coverage, and delivering access to high-impact services such as caesarean sections, VVF surgeries, and treatment at 106 CEmONC facilities across the country.

In what can only be described as a watershed moment, Nigeria’s health sector is receiving record domestic funding. Over N86.8 billion has been disbursed under BHCPF from 2023–2024 alone.

An additional $200 million was approved by the President to bridge funding gaps after the exit of key international donors. The Project HOPE initiative is set to inject over $1 billion into PHC infrastructure and services, while $3.4 billion in pooled funding is mobilised through the Health Sector Renewal Investment Initiative.

Significantly, the administration has improved access to medicines by supporting pooled procurement and signing executive orders that waive import duties and VAT on essential raw materials and medical devices.

The launch of the Presidential Initiative to Unlock the Healthcare Value Chain (PVAC) is building an enabling environment for local manufacturing.

From ultrasound machines to rapid diagnostic kits, Nigeria is forging new partnerships with global health brands to begin in-country production.

-Osaretin writes from Abuja. the majority vulnerable to health-related financial shocks. That tide has now turned.

Over four million Nigerians were newly en-

rolled within one year, including vulnerable groups covered under the Basic Health Care Provision Fund (BHCPF). The 2025 budget

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

Nigerian Aviation Industry’s Rebound to Global Prominence

Emameh Gabriel writes that Nigeria’s aviation sector which was once struggling with investors’ distrust, has rebounded through policy reforms, debt resolution, and international partnerships, now emerging as a promising hub for global aviation business and connectivity.

J

ust two years ago, Nigeria’s aviation sector was in deep crisis. Foreign investors and aircraft lessors had lost faith in the country’s business environment, treating it as a “pariah” destination. Airlines struggled to lease modern aircraft, and Nigeria’s compliance rating with global leasing agreements was a dismal 49%.

Fast forward to today, and the story has dramatically changed. Under the leadership of Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, the sector has undergone a remarkable transformation, restoring global confidence and attracting major international partnership.

This dramatic turnaround stands as one of the most compelling economic success stories of contemporary Africa.

From Crisis to Catalyst In 2023, Nigeria’s aviation landscape presented a sobering picture. The sector, crucial for Africa’s largest economy, was hemorrhaging credibility. Airlines faced an existential dilemma – trapped funds exceeding $850 million created a financial logjam that choked operations.

Global aircraft lessors, wary of Nigeria’s unpredictable business climate, either demanded exorbitant premiums or avoided the market entirely. The country’s compliance rating with international leasing standards languished at a dismal 49%, placing it among the least attractive aviation markets worldwide.

The consequences rippled across the economy.

International carriers reduced frequencies or exited altogether. Local operators struggled with aging fleets. Passengers endured exorbitant

fares and limited options. Nigeria’s position as West Africa’s aviation hub stood threatened, with neighbouring countries capitalising on its struggles. The sector needed more than piecemeal solutions, it demanded visionary leadership and systemic reform.

The Reform Architecture Keyamo whose appointment as Aviation Minister brought fresh perspective to these entrenched challenges. His approach combined legal precision with economic pragmatism, recognising that restoring confidence required addressing both technical compliance and investor psychology.

The first breakthrough came through aligning Nigeria with the Cape Town Convention, the global gold standard for aircraft financing.

By enacting critical Practice Directions and

revising the IDERA framework, Nigeria demonstrated its commitment to protecting lessor rights. These weren’t merely policy adjustments but fundamental shifts in how the country engaged with international aviation law. The impact proved seismic – Nigeria’s compliance score leaped from 49% to 75.5% within months, signaling to financiers that the rules of engagement had fundamentally changed.

Simultaneously, the government tackled the $831 million trapped funds crisis through coordinated action between aviation and financial authorities. The Central Bank of Nigeria implemented a structured repayment plan that saw these debts cleared, earning commendation from IATA. This financial detoxification restored Nigeria’s standing in global aviation circles, proving its capacity to honor obligations.

The New Aviation Economy With foundational reforms in place, Nigeria’s aviation sector began attracting attention for all the right reasons. The recent agreement with Venezuela to establish direct Caracas-Abuja flights exemplifies this new era.

By eliminating the current seven-hour layovers through Middle Eastern hubs, this route will unlock unprecedented people-to-people and commercial exchanges between Africa and South America.

-Emameh, Media Assistant to Aviation Minister, writes from Abuja NOTE: Interested readers should continue in the online edition on www.thisdaylive.com

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FRIDAY JUNE 6, 2025 • T H I S D AY

FRIDAY JUNE 6, 2025 • T H I S D AY

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FRIDAY, JUNE 6, 2025 • THISDAY

interview

Tokunboh George-Taylor: Our Partnership with PROI Worldwide Positions Us for Global Impact and Growth

SKOT Communications, a global communications consultancy with a strong focus on Sub-Saharan Africa, has officially joined the PROI Worldwide network, marking a significant step in its growth and global positioning. This partnership strengthens SKOT Communications’ ability to penetrate the international market and offers world-class PR solutions to more countries while tapping into a global network of independent agencies. Founded with a vision to transform the communications landscape by empowering authentic voices to break stereotypes, inspire innovation and drive sustainable growth for businesses, communities, and the world, SKOT Communications has built a strong reputation for delivering impactful strategies across various industries. By joining PROI, the company is set to expand its expertise, leverage international insights, and enhance the value it provides to clients navigating Africa’s evolving business landscape. Tokunboh George-Taylor, the CEO of SKOT Communications, discusses in this interview with Wale Igbintade, the significance of the partnership, its impact on business growth, and what it means for the future of PR and communications in Nigeria. Excerpts: How would you describe your recent partnership with PROI Worldwide, and what does this milestone mean for SKOT Communications? ust over a year ago, we officially began operations following the business and asset transfer of Hill+Knowlton Nigeria, a strategic move that provided the foundation to build an independent, homegrown communications agency rooted in global standards. Since then, we have focused on delivering smart, impactful communications driven by local relevance and global insight. Our partnership with PROI is transformational and a significant milestone for us at SKOT Communications. PROI Worldwide is the largest partnership of independent communications agencies worldwide, and being part of this network is a leap forward in our mission to enhance our global standards of communications delivery. It gives us access to an incredible network of top-tier partners, providing on-ground support across markets and the ability to execute cross-border campaigns with local insights.

For our clients, it translates into faster access to global resources, deeper market knowledge, and broader strategic support, whether they are expanding within Africa or entering new global territories. For international brands entering Nigeria and West Africa, this means they can now benefit from local expertise backed by global thinking. We are equally excited to contribute our understanding of the African business landscape to PROI’s global network. This partnership is not just about reach alone. It is about shared knowledge, mutual growth, and delivering measurable results through real connections and meaningful storytelling.

world, sharing perspectives, exploring emerging trends, and customising global strategies to suit local realities. This flexibility helps us offer smarter, faster, and more adaptable solutions to clients, whether they are navigating policy shifts, building corporate reputation, or scaling into new territories.

In terms of digital transformation, our ability to innovate how we work further impacts the solutions we integrate into communications programs and campaigns. With digital advancements, the way communication is being delivered is changing fast, and tools that help us adapt will remain a key priority for us. In more developed markets where AI takes centre stage, for example, our collaboration means we are one step ahead in adapting these solutions to our offerings. Our goal is to enhance the PR industry in Africa in general, and we are optimistic that this partnership will help us achieve that.

J

What inspired this move to align with a global network like PROI Worldwide? Is this the right time for SKOT Communications?

What inspired this move was a clear and growing need in our business transformation strategy, and we were prepared for this strategic move. Over the years, we have maintained a global standard of service offerings and have had the opportunity to work with several multinational corporations, both in the past and present. As our clients enhance their business operations and their markets expand, so do their expectations for consistent messaging, seamless execution, and culturally aware strategies across regions. Aligning with a network like PROI Worldwide gives us the structure and global collaboration needed to deliver just that.

Today’s world is deeply interconnected, with brands operating in multiple markets simultaneously.

The partnership with PROI Worldwide, comprising 90 independent agencies around the globe, allows us to tap into new markets, expand our service offerings, and work together with expert teams who understand the nuances of their regions. So yes, this is exactly the right time. We are ready

Tokunboh George-Taylor and more equipped than ever to meet the evolving needs of modern communications.

What specific advantages does PROI Worldwide’s network bring to SKOT Communications and its clients in Nigeria?

Our focus is to enhance the quality of our client offerings and share our insights with a global network. From a business perspective, we are also able to streamline our operations and enhance our performance management strategy and overall capabilities in the PR landscape. For us, this partnership is also about how we share our local experiences with global markets, transferring our knowledge in the sector in a way that is beneficial for other markets.

Considering Nigeria’s economic landscape, how does this collaboration help SKOT Communications stay competitive in the PR industry while unlocking new opportunities?

The Nigerian economy is dynamic, reshaping itself amid global shifts and local reforms. This collaboration helps us stay ahead of the curve, leveraging insights that drive market penetration for our clients and thought leadership that shapes industry narratives.

For us at SKOT Communications, this collaboration with PROI Worldwide could not have come at a better time. By becoming part of a global network with over five decades of industry experience, we are better prepared to navigate economic shifts that impact our communication strategies.

Ultimately, it is about staying relevant in an industry that is evolving fast and a market that moves so quickly. With an exchange of real-time knowledge, our goal is to remain competitive, whether locally or internationally. With PROI, we are not just monitoring trends. We are helping set the pace by offering smarter, faster, and more connected PR solutions designed for today’s borderless world and complex economies.

With PROI Worldwide’s global reach, how will SKOT Communications leverage this partnership to drive innovation in PR and corporate communications, particularly in African markets?

It gives us the tools to reimagine how PR and corporate communications are executed across the African continent and globally. What makes this especially exciting is the fluidity of collaboration. We can now co-create with agencies in other parts of the

How would you describe your competitive edge, and what should clients, partners, and industry stakeholders see differently from SKOT? At SKOT Communications, our competitive edge lies in the balance we strike between deep local expertise and global intelligence. We understand the nuances of the African and Global business environment, its people, its pulse, and its pace, especially now that we are more equipped with the tools, insights, and reach of a world-class global network. Partners and industry stakeholders will see a firm that is bolder, more agile, and deeply collaborative. Our approach is insight-driven, execution-focused, and tailored to what clients need today: speed, substance, and scale. Whether you are a multinational navigating new terrain or a local brand ready for the global stage, SKOT offers a refreshed, future-forward way of thinking and doing. That is what makes us different.

Looking ahead, what is your vision for SKOT Communications, and how do you see this partnership shaping the company’s future?

Our vision for SKOT Communications is to transform the communications landscape by empowering authentic voices to break stereotypes, inspire innovation and drive sustainable growth for businesses, communities, and the world. This partnership with PROI Worldwide is a significant catalyst for that journey. It strengthens our foundation for long-term growth, while positioning us to operate with greater depth, reach, and relevance as we can now scale more efficiently. But beyond growth, this partnership reinforces our commitment to excellence. It challenges us to continually evolve, remain curious, and lead conversations—whether on reputation, storytelling, stakeholder engagement, or navigating complex communications environments.

We see a future where SKOT is not just a player in the industry, but a pacesetter, one that is shaping narratives from Africa to the world and redefining what world-class communications looks like from this part of the globe.

NEWS

NIMC Insists All Verification Services, Functional, Accessible Says Police Service Commission not denied access

Michael Olugbode in Abuja

The National Identity Management Commission (NIMC) has said all its verification service platforms are functional and accessible to all partners including all security agencies.

The Commission, in a statement on Thursday by its spokesman, Dr. Kayode Adegoke said it is aware of the purported ‘’inability of the

Police Service Commission (PSC) to access the NIMC verification server,” insisting the “information is not only misleading but also inaccurate.”

Adegoke said: “To set the record straight, the NIMC granted verification access to all Nigerian Police formations for the verification of the National Identification Number (NIN). The NPF, PSC and other security agencies have been enjoying

uninterrupted verification services for over five years.

“NIMC has provided top-notch verification services for recruitment into the Nigeria Police Force, as conducted by the PSC and at no time have there been any complaints or issues regarding NIN Verification by the NPF or PSC.” Adegoke, in the statement, claimed that: “The Commission has a robust and harmonious

working relationship with the Nigerian Police Force and the Police Service Commission. The Information Communications and Technology (ICT) department of the Nigeria Police Force is actively managing the long-standing verification and integration service between the NIMC and all Nigeria Police formations.

“NIMC will continue to provide flawless verification services for the

purpose of recruitment, security mapping, cybercrime control, and any other security matters.”

He explained that: “The framework by which NIMC provides services to the security agencies was recently restructured for standardization and effective implementation, following consultation with the Office of the National Security Adviser, and NPF has confirmed the verification services

have continued to be available.

“We therefore believe that any service interruption experienced

by PSC may be due to internal matters.”

He promised that: “NIMC is committed to providing excellent verification services to the PSC, NPF and all its partners but the terms and conditions inherent must be adhered to for uninterrupted flow of service.”

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T H I S D AY • FRIday, June 6, 2025

BUSINESSWORLD R A T E S

MONEY MARKET

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Group Business Editor Eromosele Abiodun Email oriarehu.eromosele@thisdaylive.com

08056356325, 07034471123

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Plateau, Niger States Push to Increase Agric Produce Export to Boost Nigeria’s Projected $15bn Annual Earnings Chinedu Eze With the realities of tight fiscal policies and diminishing allocation, Plateau and Niger states have adopted different strategies to save crops and fruits in their states during the harvest season, preserve and package them for export to earn foreign exchange.

It is projected that their contributions to agri-produce export would boost Nigeria’s earnings to $15 billion annually. To make this happen, each state is building cargo facilities and associated infrastructure for preservation, conditioning and packaging of farm produce for export.

For the farm produce to be fit for export, the states are working to meet Global Good Agricultural

Practices (GAPS), which Nigeria has over the years found it difficult to meet. GAPS requirements, which begin from the farm, include input in growing crops for export.

For Niger State, the government in partnership with the Federal Airports Authority of Nigeria (FAAN), has collaborated to build cargo facility at the Bola Ahmed Tinubu International Airport, Minna. Also, the state government is working to utilise the airport infrastructure maximally for export of farm produce.

The Niger State government has secured an impressive investment exceeding N1 trillion from Chinese firms, aimed at establishing a Special Agro-Industrial Processing Zone (SAPZ) to enhance agricultural productivity and

position the state as a key player in agro-industrial processing.

The Niger State Government said the SAPZ is focused on creating a world-class infrastructure network that includes agro-based airport facilities, modern roads, and rail connections.

The government said it is establishing Minna Airport City, “with its large warehouses and logistics vehicles, that is designed to export perishable goods such as fruits, vegetables, and processed food products.

Additionally, improved road and rail infrastructure ensures that agricultural produce can move from farms to processing centres and on to export facilities with minimal delays. The integrated logistics system is key to

positioning Nigeria as a leader in agricultural exports.

“The state already provided agro-based cargo facilities at Minna Airport, which is being developed into a major hub for exporting of agricultural products, with stateof-the-art facilities for handling perishable goods and other export-ready items. The state is also developing road, rail, and logistics infrastructure, as the SAPZ includes enhanced road and rail networks, ensuring efficient movement of goods from farms to processing centres and export terminals.

“Minna Airport City provides businesses with direct access to international markets, allowing for quick and efficient export of agricultural goods. The enhanced logistics infrastructure reduces

transportation costs and delays, ensuring that perishable goods reach markets on time and in prime condition. The export of farm produce which is expecting private sector participants is fully funded by the state government.

When completed, the project is expected to catapult the revenue of the state to new heights. The Niger State Government will support infrastructure development and offers incentives for businesses that invest in logistics and transportation solutions.”

On Wednesday, the Governor of Plateau State, Caleb Mutfwang, met with the Managing Director of FAAN, Mrs. Olubunmi Kuku, to sign Memorandum of Understanding (MoU) on the building and utilisation of stateof-the-art cargo terminal at the

Yakubu Gowon Airport, Jos. “The Jos Airport is one of the oldest airports in this country, having started way back in 1972-73.

And Jos, as you know, is one of the regional hubs in northern Nigeria, and a regional hub for agriculture and other produce. And for years, this plan has been on the drawing board to be able to upgrade the Jos Airport to an international cargo airport.

“Mutfwang plans to establish cargo terminal with farm produce processing and preservation facilities to prepare them for export.

This intentional effort has been on the plan for a long time but now it is at the tuft of implementation.

The story continues online on

www.thisdaylive.com

L-R: Consul General, Kingdom of the Netherlands, Lagos, Michel Deelen; Chief Executive Officer, Stanbic IBTC Bank, Wole Adeniyi; Executive Director, FATE Foundation, Adenike Adeyemi; Economic Policy Adviser & Business Developer Entrepreneurship, Youth Employment and Healthcare of the Consulate General of the Kingdom of the Netherlands, Lagos, Sonia Onovughakpo Fajusigbe and Ambassador for Youth, Education & Employment, Ministry of Foreign Affairs, Netherlands, Jurriaan Middelhoff, during a partnership signing ceremony between Orange Corners Nigeria (OCN)/FATE Foundation and Stanbic Bank held in Lagos… recently

Truckers Decry Blotch Campaign against NPA’s Eto Call-up System, Stage Solidarity Rally Eromosele Abiodun Association of Maritime Truck Owners (AMATO) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC), have strongly condemned what they described as campaign of calumny aimed at discrediting the Nigerian Ports Authority (NPA) electronic call-up system popularly called ‘Eto’.

The truckers who stated this during a peaceful solidarity rally at the Apapa ports, unanimously declared their vote of confidence in the ‘Eto’ system. The demonstration underscored the system’s significant positive impact since its introduction by the NPA. Speaking, the Secretary General

of AMATO, Mohamed Sani Bala, said truckers are fully in support of the electronic call-up system adding that the electronic call-up initiative has tackled the perennial Apapa gridlock and Tin-Can port access roads.

According to the frontline trucker, the Eto Call-up System is not just an app but a game-changer and a landmark achievement in the history of Nigeria’s maritime logistics.

He stated further that the impact of eliminating gridlock and improving traffic flow along logistics corridors has made import and export cargoes evacuated seamlessly.

According to him, “On behalf of the trucking community, we wish to use this peaceful rally as a platform

to express our profound gratitude to the management of NPA for the deployment of the Eto Call-Up System, and to also appreciate the Lagos State Government for its vital role in enforcing compliance with the Standard Operating Procedures that underpin the system.

“The Eto Call-Up System is more than just an app — it is a game-changer and a landmark achievement in the history of Nigeria’s maritime logistics. It has ushered in a new era of automation, transparency, and efficiency in port access and truck scheduling, resolving the long-standing chaos and gridlock that plagued the Apapa and Tin Can Island logistics corridors for decades.”

and truckers no longer sleep in vehicles or die behind the wheel from exhaustion. Port corridors are now more fluid, and the environment is more hospitable.

“Import and export cargoes are evacuated seamlessly while businesses now operate on schedule. Apapa, once a ghost town, is vibrant again, with rising property values and restored community life. Children can now safely attend school without being stranded in traffic. This is the kind of transformational impact that meaningful reform delivers,” he said.

The AMATO scribe took a swipe at the recent campaign of calumny against the call-up system,

saying the interest of the sponsors of the campaign lies in reversing the clock to a time when truckers were extorted and exploited under the guise of port access facilitation.

“We are aware that some individuals are sponsoring a campaign of calumny against the Eto system. Let it be known that these detractors are largely beneficiaries of the discredited manual system — now rendered irrelevant by automation. Their interest lies in reversing the clock to a time when truckers were extorted and exploited under the guise of port access facilitation.

The story continues online on

www.thisdaylive.com

M a r k e t d ata A s at T h u r s d ay, J u n e 5 , 2 0 2 5

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Description Price Yield Change Updated Time (%) ^16.2884 17June 95.16 19.57 0.00 5, 2025 MAR-2027 June ^19.94 200.00 5, 101.12 19.10 2025 MAR-2027 ^13.98 23June 88.97 19.35 0.01 FEB-2028 5, 2025 ^21.00 20June 104.32 18.88 -0.01 MAR-2028 5, 2025 ^14.55 26June 87.38 19.29 0.00 5, APR-2029 2025

He added, “Today, truckers can book port access slots remotely and affordably, from anywhere in the world, without the need to physically queue for days on end or engage with road cabals for access tags that used to cost between N250,000 and N300,000, often without any certainty of progress. The Eto system, at a flat rate of N21,500, has eliminated the extortion and exploitation that defined the manual era.”

Speaking further, Sani-Bala said the port corridors are now more fluid, the environment is more hospitable, with a rising value of properties.

“Gridlock has eased, and sanity has returned to our roads

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24

FRIday, June 6, 2025 • T H I S D AY

BUSINESSWORLD

Air watch

Heirs Technologies Equips Africa’s Future Tech Leaders with Real-world Exposure Heirs Technologies, a leading player in Africa’s digital transformation journey, has taken another major step toward developing the continent’s next generation of tech innovators.

The company is executing this vision through its dedicated training academy, i-Academy, an in-house talent development platform designed to skill and certify young African professionals.

As part of the academy’s Supplementary Technical Engineering Program (STEP), trainees recently visited the renowned Cisco Edge Centre to gain firsthand exposure to cutting-edge cloud networking

technologies and professional expertise.

The 2025 Cloud and Security Cohort commenced in April with the onboarding of 100 aspiring engineers, carefully selected from over 3,600 applicants across Nigeria.

The program integrates global best practices from CompTIA, a recognized international partner, mentoring and coaching from expert instructors and exposure to industry leaders, leads to internationally recognized certificate of participation, positioning trainees to thrive in today’s rapidly evolving digital economy

“At Heirs Technologies, we’re not just solving today’s tech problems, we’re shaping tomorrow’s talent,” said Ivy Ikpeme-Mbakwem, VP, i-Academy, Heirs Technologies.

“Visits like this form a crucial part of our mission to give African youth meaningful exposure, practical skills, and access to mentors who can guide them into global tech leadership.”

This initiative is part of a broader commitment by the Heirs Holdings Group, under the leadership of Tony Elumelu, to unlock Africa’s potential through youth empowerment, entrepreneurship, and digital innovation.

A i r Watch Nigeria’s First Indigenous Airline Capt. Turns 90

1,593 AVSEC Personnel Complete Professional Training

Stories by Chinedu Eze

The Directorate of Aviation Security Services at the Federal Airports Authority of Nigeria (FAAN) has completed professional training and retraining of 1,593 Aviation Security (AVSEC) personnel in various specialist areas.

The agency said with the training, more AVSEC personnel would be deployed to different airports in the country under FAAN’s management for more effective security coverage of the facilities, monitoring and enhanced passenger facilitation.

FAAN has also embarked on

improving its training facilities, which include the repositioning of the International Civil Aviation Organisation (ICAO) approved FAAN training facility in Lagos for effective delivery of international AVSEC courses.

Special Adviser, Media to the Managing Director of FAAN, Gbenga Olorunponmi, disclosed that FAAN executed enhanced airport security surveillance and response systems at the airports in Lagos, Abuja, Kano, Port Harcourt, Enugu, Benin, Yola, Ibadan and Maiduguri.

These are new-generation airport security solutions that harness

advanced technologies like video surveillance, face recognition, video analytics, perimeter intrusion detection, and sophisticated access control systems can help enhance security measures and streamline operations. They enable airports to adapt to the evolving security landscape and create safer environments for travellers and staff.

FAAN has also designed portal for real-time AVSEC database on training, operations, equipment and manpower. It has in addition implemented a comprehensive AVSEC manpower audit for planning and enhanced service delivery.

Arik Air Partners Hospitals for Humanity on Children Heart Surgery Arik Air, Nigeria’s leading airline has announced its collaboration with Hospitals for Humanity in a remarkable initiative aimed at providing about 150 Nigerian children with free open heart surgeries annually.

As part of the collaboration, Arik Air is providing flight support to Hospitals for Humanity’s medical missions to Nigeria. These missions bring together volunteer paediatric cardiac surgeons and healthcare

professionals from around the globe who perform complex heart surgeries at no cost to the families involved.

Arik Air’s Chief Executive Officer, Captain Roy Ilegbodu said: “We are honoured to stand alongside Hospitals for Humanity in their mission to give hope and a second chance at life to children with congenital heart defects. This initiative aligns with Arik Air’s dedication to not only connecting people through air travel but also

investing in the wellbeing of our communities.”

The Chief Executive Officer and Founder of Hospitals for Humanity, Dr. SegunAjayi said: “Over the years, Hospitals for Humanity has performed numerous successful surgeries and impacted countless lives. However, the demand remains high, and with continued support from organisations like Arik Air, even more children can receive the critical care they need.”

Bankit MFB Ushers in New Era of Digital Banking

Bankit Microfinance Bank (Bankit MFB), one of Nigeria’s fastestgrowing fintech powerhouses, is setting new benchmarks in digital banking by introducing cutting-edge features that combine convenience, top-tier security, and unmatched customer value.

From biometric authentication and instant free transfers to real-time alerts and cashback on bill payments, Bankit MFB is revolutionizing the way Nigerians bank.

According to Bankit MFB’s Chief Operating Officer, Simpa Yekini, ‘’At Bankit, we’re not just building another digital bank – we’re

Group Business Editor Eromosele Abiodun Deputy Business Editor Chinedu Eze Comms/e-Business Editor Emma Okonji Asst. Editor, Energy Emmanuel Addeh Asst. Editor, Money Market Nume Ekeghe Correspondents KayodeTokede(CapitalMarkets) James Emejo (Finance) Ebere Nwoji (Insurance) Reporter Peter Uzoho (Energy)

engineering an ecosystem where security meets convenience, and every transaction brings value.

Our platform is built for today’s mobile-first generation – fast, intuitive, and secure.” ‘’For us, it’s a bold stride towards a unicorn status, and we are leveraging innovation to drive financial inclusion while delivering seamless user experiences across all touchpoints with our app which now includes Seamless free transfers to any bank in

Nigeria, biometric login and advance security protocols, Instant free alerts, bills payment with cashback and rewards on savings.’’

Operating with a strong regulatory framework and liquidity assurance structure, Bankit MFB has earned the trust of thousands of users within a short period. Its secure infrastructure guarantees protection of customer funds, while its user-friendly mobile platform ensures accessibility and ease of use across all devices.

Nestlé, Livestock Ministry to Launch Dairy Technical Skills Devt Program Nestlé Nigeria Plc has announce an ongoing collaboration with the Federal Ministry of Livestock Development to launch a Dairy Technical Skills Development Program. This initiative, formalized through a Letter of Intent (LOI) signed today in commemoration of World Milk Day 2025, aims to enhance the quality and volume of milk production in Nigeria, addressing critical needs within the dairy sector.

The LOI reflects a shared commitment to develop mid-level technical and vocational skills essential for strengthening Nigeria’s dairy value chain, ensuring food security, improving nutrition, and fostering sustainable livelihoods.

The partnership will focus on: Establishing capacity-building programs centered on milk production, processing, hygiene, and management, promote industry-relevant skills through

training modules developed in collaboration with stakeholders and enhancing milk quality and productivity across local dairy clusters through knowledge sharing and technical support.

Speaking during the signing ceremony, Managing Director and CEO of Nestlé Nigeria Plc, Wassim Elhusseini said, “In addition to our global dairy experience, Nestlé has built capacity to provide targeted training programs on best practices in dairy farming adapted to the Nigerian context. This is why the Letter of Intent signifies more than a formal agreement; it reflects our mutual dedication to bridge the gap in mid-level technical skills within the dairy sector to meet the growing demands of the market. We are confident that this will have a positive impact on our communities by creating more jobs, improving livelihoods, and supporting a stronger economy.”

Chinedu Eze At the beginning, air travel was esoteric in Africa and it was awe inspiring and seemed very elusive.

The great Nelson Mandela wrote in his book, ‘Long Walk to Freedom’ that he was apprehensive when he saw the first black pilot in his life in cockpit of the aircraft that was flying him. It was in Ethiopia.

He said he was really sceptical about the pilot taking them safely to their destination. That was the power of aviation then.

Here in Nigeria it was not less a mystery. That was why encomiums are pouring ceaselessly on the man who became the first indigenous pilot in Nigeria. His name is Captain Robert Emmanuel Hayes. He turned 90 years recently and celebrated with family and friends in London where he lives.

But here in Nigeria, the good wishes he receives were unabated. Bob Hayes was the man who ‘opened’ the eyes of Nigerians; that Nigerians, like others, can command aircraft in the air. Hayes was Nigeria’s first indigenous airline captain who paved way for the first crop of Nigerian pilots.

At a time when Nigeria’s preeminent political leaders were engrossed with the desire to liberate the country from colonialism, and when it was taken for granted that anyone in the cockpit of an aircraft must be white, Capt. Hayes nurtured the idea to be a pilot.

That could be described as tall dream then and a slippery fantasy. At that time flying was a British monopoly. It was the time of British Overseas Airways Corporation (BOAC), which metamorphosed into the West African Airways Corporation (WAAC).

But in 1955, Bob Hayes became the first Nigerian to be certified a pilot, five years before independence in 1960.

Born on May 13, 1935, in Benin City, present day Edo State, Capt. Hayes attended St. Patrick Catholic School, Sapele, Delta State and Government College, Warri (now Government College, Ugheli) also in Delta State. He picked up interest in flying while watching the Royal Marine officers on duty in Sapele in the 50s and desired to join the Royal Air Force.

The dream evolved and became awake when he visited Lagos as a teenager. He went to the Civil Aviation Department in Lagos where he met with the Director of Aviation Services, Wing Commander Coleman. He told Coleman about his interest to join the Royal Air Force. At that time, Commonwealth countries’ citizens could join the Royal Air Force.

However, Coleman advised him on the possibility of being a civil aviation pilot because at that time, the government already had a plan to train young Africans as pilots.

After series of interviews, three Nigerian students on scholarship, Robert Hayes, Joseph Ajakaiye and Samuel Ohioma, left the country on August 9, 1953, to Britain to train as first set of Nigerian pilots. They trained at the Flying School, Hamble, Southampton.

In May 1955, at the age of 20 years, Capt. Hayes became the first Nigerian to get certified as a pilot with the Commercial Pilot License and returned to Nigeria in June 1955 to join the West Africa Airways Corporation (WAAC.) Between 1956 and 1960, the young Nigerian pilots in WAAC were allowed to fly as co-pilots on the local routes, along with the British and Europeans pilots.

They were flying the B170, B114 and B104 aircraft.

In 1962, Robert Hayes and Rufus Orimoloye were sent for the Senior Commercial Pilot License training where they were made to fly the DC3 aircraft. While in training, they were promoted captains. When they returned home, they were asked to go for further training on F27 aircraft which the country’s airline, Nigeria Airways, had acquired.

The Nigerian pilots were able to start flying the international routes eventually in 1962 when the Nigeria Airways was formed. Captain Hayes also became the first Nigerian pilot to fly into New York and served as acting managing director of the defunct

national carrier, Nigeria Airways. Many pilots at that time passed through the supervision of Captain Bob Hayes. He retired in 1990 after attaining the mandatory 35 years in service.

He was the first Nigerian pilot to attain that age in service. He worked on contract as a training captain and examiner, thereafter. Captain Hayes flew for 40 years in control and four years on contract consulting for Nigeria Airways.

The former Director General of the Nigeria Civil Aviation Authority (NCAA), Dr. Harold Demuren, described him as one of Nigeria’s greatest aviators.

“Capt. Hayes is one of the greatest captains Nigeria has ever had, a very brilliant and professional captain, a pacesetter who never breached standard operating procedures. He was a great inspiration to us who were his juniors,” Demuren said.

Recently when he marked his 90 years birthday he spoke about his life, his experience as a pilot and his experience as one of the pioneers who indigenized aviation as precursor of the industry today.

“My name is Robert Emmanuel Hayes. I was born on the 13th of May 1935. My father was a UAC Factor when he first came to Nigeria. And he became one of the top United African Company textile managers in UAC, but eventually he pulled out of the United African Company (UAC). He set up his own company, Hayes Green & Bryden, which I believe is still functioning today in the country. My mother was Dora Hayes, she passed on in 1990. I grew up as a young boy attending the Primary Catholic School in Sapele and finished up my secondary school education in Government College in Ughelli. I decided to become a pilot from my very, very early years in Government College, Ughelli, when I ran into a magazine which was then known as the London Illustrated.

“It was there I saw photographs and a lot of stories about the Royal Air Force. And I got fascinated and that galvanized a lot of my interest into flying. Usually, when I was very young, I used to go to Benin from Sapele. I would take a trip to Benin and go to the airport, you won’t believe this, and just watch aircraft.

I would stay there for hours, until I would see an aircraft land and take off. And I thought, one of these days, I am going to be a pilot. And I never looked back. Eventually, I spent 40 years of my life flying. I finished up in grade 1 in Cambridge School Certificate, 1953. While I was on holiday, when I was in class four, I met a friend who introduced me to chief Bode Thomas. And when I met him, he said, young man what would you like to do when you leave school? So, I said, Sir, I want to be a pilot. He said why? I said because I was told that you were in the Royal Air Force when you were in England. For that reason, that is why I have actually made every effort to meet with you,” Hayes narrated.

According to him, Bode Thomas thought about it and said, “Young man you are very adventurous. I don’t know what to tell you but I will recommend you to a friend of mine who is the director of civil aviation in Lagos.”

“The rest, of course, became history because I met with Wing Commander Coleman as a result of that introduction. And he told me, we are contemplating going to train Nigerians,” he recalled.

Captain Hayes said he was excited and took Coleman on and said he would like to be one of the Nigerians that would go for the training whenever the opportunity arose.

He said, “Well in that case, you have to go for a competitive scholarship award. True to his words, an advert came out in the Daily Times, calling for Nigerians for scholarship for flying. I applied for the scholarship through the secretariat. After the advert, 33 candidates were selected to attend the interview in the secretariat. Fair enough, I believe, three candidates were successful.

The story continues online on

www.thisdaylive.com

T H I S D AY • FRIday, June 6, 2025

25

BUSINESSWORLD

PERSPECTIVE

Solewant Group’s 25 Years of Audacious Innovation Suleiman Adeola

E

very great legacy begins with a defining moment—a spark of ambition, a dream unshaken by the odds. The founder of Solewant Group, Mr. Solomon Ewanehi, had envisioned a company that would revolutionise manufacturing of steel pipe and pipe coating application solutions for oil and gas industries.

On June 6, 2000, Solewant Nigeria Limited was established with a clear mission: To contribute to the growth of Nigeria’s industrial sector through innovation and quality service delivery.

From modest beginnings, the company steadily grew—driven by determination, resilience, and a commitment to excellence.

Solewant Nigeria Limited has established a reputation in delivering cutting-edge pipe/ metals fabrication, protective paints and specialty coating solutions, and is today, celebrating 25 years of unwavering commitment to excellence in the oil, gas and energy sector.

From its establishment in 2000 to 2010, the company focused on translating its vision into tangible outcomes—investing in infrastructure, strengthening internal policies, setting operational standards, and building key partnerships. From acquiring its first set of painting and coating equipment to executing its first contracts for oil and gas operators, Solewant Group demonstrated what resilience looked like in practice.

By the end of 2010, Solewant Group had transitioned from a little-known startup to an established presence in the industry—positioning itself for the next stage of growth and expansion.

Between 2008 and 2011, Solewant had built and operated a modular pipe and bend coating plant in Odukpani, Calabar, Cross River State and provided specialty coating application solutions on 18” X 127Km gas pipeline for East Horizon Gas Company Limited and Nigerian Gas Company Limited, NNPC, a project Solewant successfully delivered.

With a solid foundation in place, Solewant Group entered the 2010s poised for transformation—evolving from a field coating service provider, providing asset protection from factories to factories, pipeline sites to pipeline project sites, into a diversified factory solution provider.

From building state-of-the-art manufacturing and pipe coating plant infrastructure to recruiting new talent and expanding service lines, this was a season of structured boldness and growth.

The company invested heavily in modern technologies, including automated multi-layer pipe coating systems, Concrete weight coating plant, steel pipe milling and state of the art laboratory solutions.

It was during this time that Solewant Field Joint Coating Limited and Specialty Protective Coatings & Paints Limited, and Pipe and Metals Industries Limited were incorporated—each subsidiary born out of a need to specialize, standardize, and scale. By 2015, the world had begun to take notice as what was once local became continental in potential. By 2016, the company commissioned what is acclaimed the African Largest pipe coating plant.

Solewant Group today now operates diversified portfolios, namely - Solewant Nigeria Limited, Pipe and Metals Industries Limited, Field Joint Coating Limited, Solewant Specialty Protective Coatings and Paints Limited, as well as Solewant Energy Institute. Solewant’s multi-layer pipe coating plant is strategically located in Alode-Eleme- Onne, within Nigeria’s oil and gas corridor.

With over 156,000 square meters of operating space, the facility was designed to handle high-

volume manufacturing, fabrication and coating operations—from fusion bonded epoxy (FBE), three-layer polyethylene (3LPE), and 3 to 5 layer polypropylene (3LPP) to concrete weight coating systems, field joint systems, insulation, Catholic protection systems and industrial training solutions.

Equipped with world-class Euro American technologies, from our Dutch partners, Selmers BV, of the Netherlands and KEMA Coatings (Canada), this commissioning didn’t just change the size of Solewant’s operations—it altered the landscape of Nigeria’s industrial capabilities. With Africa’s Nigeria’s largest pipe coating plant now operational, Solewant Group entered a new era between 2016 and 2020, the heartbeat of the company was innovation.

The product line expanded to include advanced anti-corrosion systems, dual-layer fusion bonded coatings, and ultra-highperformance field joint applications.

Solewant’s teams were no longer just applying coatings—they were designing them, innovating them, adapting them for harsh terrain and offshore conditions.

The company’s growing reputation led to a surge in contracts from key players like Shell, Chevron, First E&P, and NLNG. At a time when the world demanded more sustainable and efficient energy systems, Solewant Group responded with innovation, integrity, and impact.

In 2022, this insight gave rise to a vision beyond pipes and coatings—a vision of education, empowerment, and transformation. The Solewant Energy Training Institute, known today as SETI, was born. SETI was a national response to the need for skilled, industry-ready professionals

in Nigeria’s oil and gas sector. At a time when the country faced a widening talent gap, Solewant Group chose to build not only products—but people.

What began as an industrial group was now also a knowledge institution. Behind every great company lies a network of powerful relationships. For Solewant Group, strategic alliances have always been more than business decisions—they’ve been blueprints for transformation.

Among Solewant Group’s most significant partners is Seal For Life Canusa CPS, a member of the Henkel Group, the world’s largest provider of advanced pipeline field coating systems and the legacy of Shawcor—home to twelve global leaders including Bredero Shaw, Socotherm, and DSG-Canusa.

Through this partnership, Solewant Group became Nigeria’s only authorised representative of Canusa CPS pipeline products and services. From KEMA Coatings Limited in Canada, Solewant adopted advanced abrasion, chemical, and temperature-resistant protective coatings.

KEMA’s trust empowered Solewant to bring industrial-grade resilience to Africa’s pipeline network. With Raychem RPG of India, Solewant Group accessed industry-standard cathodic protection systems—critical for pipeline longevity in corrosive environments.

Manufacturing partners such as TPCO and Baosteel of China provided seamless access to world-class steel pipe materials and bending technologies. With Selmers BV of the Netherlands, Solewant Group secured automated coating and handling systems—elevating safety, consistency, and speed.

“The company has also delivered specialised services supporting offshore pipeline integrity for Addax Petroleum and ExxonMobil/ Subsea7, and coating and rehabilitation of pipeline assets for the Nigeria Gas Processing and Transportation Company. For Nigeria Agip Oil Company (NAOC) and ELCREST, the company has provided pipeline component coatings and logistics support. Turnkey 3LPP coating projects for subsea umbilicals, risers, and flowlines (SURF), have also been provided for First E&P / Westfield. Across over 100 successfully completed projects, the company has maintained near-perfect client satisfaction scores.”

From North America to Europe, Solewant Group established working relationships with specialized coating application equipment manufacturers—ensuring that every machine in its line meets or exceeds international benchmarks.

But Solewant Group’s alliances were not just technical. The company also prioritized regulatory alignment—registering and complying with the International Standards Organization (ISO), with NIPEX and securing Nigerian Content Equipment Certifications for its plants.

Solewant Group’s coating facilities are certified to IOCs including Shell’s highest standards, a testament to years of investment in quality assurance and compliance. Over the last 25 years, Solewant Group has served a robust portfolio of industry leaders. It has long-standing collaborations on 3LPE applications, concrete coating applications, field joint coatings, 3LPE applications, and pipeline corrosion control services, with Shell (SPDC).

Projects ranging from 18” fusion bond epoxy and concrete coating CWC coating, to subsea support on major field developments, have also been executed for Chevron, while pipeline coating and protective systems for gas export infrastructure have been delivered for NLNG. The company has also delivered specialised services supporting offshore pipeline integrity for Addax Petroleum and ExxonMobil/Subsea7, and coating and rehabilitation of pipeline assets for the Nigeria Gas Processing and Transportation Company. For Nigeria Agip Oil Company (NAOC) and ELCREST, the company has provided pipeline component coatings and logistics support. Turnkey 3LPP coating projects for subsea umbilicals, risers, and flowlines (SURF), have also been provided for First E&P / Westfield. Across over 100 successfully completed projects, the company has maintained near-perfect client satisfaction scores.

It is on record that Solewant and her Seal-forLife (now Henkel Group) provided the Heat shrink sleeves for the 40” X 608Km NNPC/ AKK gas pipeline in Nigeria. Solewant Group is hosting the 9th Energy Summit in Onne, themed, “Emerging Technologies and the Future of Sustainable Energy Development in Africa,” on November 27 and 28, 2025. In recent years, Solewant Group has continued to break new grounds. In 2021 and 2022, it was awarded ‘Best Oil & Gas Contractor of the Year’ by News Direct. The company was recognised as ‘Best Indigenous African Oil and Gas Contractor of the Year’ by Offshore Africa Oil & Gas Magazine, in 2023.

In 2024, it hosted the Solewant Group 8th Energy Summit, at her industrial park, focusing on sustainable energy development in Africa. Earlier in 2025, it unveiled the ‘Solewant Group Roadmap Plus’, a 10-year strategic vision emphasizing technological innovation and contributions to Nigeria’s industrial development and energy transition.

The upcoming commissioning of an automated bend coating plant, a new multi-layer pipe bend and fitting coating factory v the Solewant Industrial Park in Onne, Rivers State, will take place in June 2025.

Solewant Group showcased industry-leading innovations at SAIPEC 2025 in Lagos, presenting cutting-edge pipeline coating solutions, metal fabrication, specialty paints, and training solutions for Africa’s energy and infrastructure sectors, on February 13, 2025. On May 20, 2025, Solewant Group featured prominently at NOGOF 2025 at the NCDMB Headquarters in Yenagoa, unveiling its 10-year strategic roadmap plus focused on sustainable local content growth.

From May 5 to 8, 2025 – Solewant Group exhibited her products and services in the Offshore Technology Conference (OTC) in Houston, USA, reinforcing its global presence in advanced energy solutions and technology transfer. Solewant Group is celebrating its 25th Anniversary at its Industrial Complex in Onne, today, June 6, 2025, marking two and a half decades of innovation, impact, and industrial excellence in Nigeria.

It will also launch the Solewant Journal of Energy Innovation, Volume 1, Issue 2—a biennial, peer-reviewed publication focused on breakthrough technologies and sustainable energy solutions for Africa in June 2025. These milestones reflect Solewant Group’s unwavering commitment to innovation, sustainability, and industry leadership in her 25 years of technological innovation and excellence.

• Suleiman, an oil and gas analyst, writes from Yenagoa, Bayelsa State.

26

T H I S D AY • FRIDay, June 6, 2025

business/MOnEYGUIDE

NOG Energy Week 2025 Set to Evolve Africa’s Energy Transformation Oluchi Chibuzor

NOG Energy Week 2025, themed, “Accelerating Global Energy Progress Through Investment, Partnerships & Innovation,” is scheduled from 29 June - 3 July 2025, at the Abuja International Conference Centre (ICC) in Nigeria, and convenes industry leaders, policymakers, and innovators to discuss and strategise on sustaining this growth trajectory.

The organiser in a statement said the conference will explore how strategic investments, robust partnerships, and cutting-edge technologies can further enhance Africa’s energy landscape. “NOG Energy Week 2025 will also spotlight strategies to attract and increase investments in Africa’s upstream sector, emphasising the importance of creating a competitive and resilient investment climate. Sessions will highlight how indigenous operators

and national oil companies are enhancing asset performance and production output through targeted investments and innovative practices,” the said.

Nigeria’s energy sector is undergoing a transformative era, characterised by a surge in investments and a strategic focus on technological advancements and increased production. In 2024 alone, the sector attracted approximately $6.7 billion in investments, with $5.5 billion directed towards oil and gas initiatives. Notably, Shell Nigeria Exploration and Production Company’s $5 billion investment in the Bonga North Deep Offshore Project is set to boost the nation’s oil production capacity by approximately 110,000 barrels per day.

Speaking to why the event has included these key topics in the programme, Country Director – Nigeria & Portfolio Director – Africa for dmg Nigeria

events, Wemimo Oyelana, emphasised, ‘’As Nigeria navigates an evolving global energy landscape, technology and investment will support increased production and long-term competitiveness. In this era of rapid technological advancement and shifting market dynamics, Nigeria must harness innovative solutions and strategic capital deployment to unlock its full energy potential. NOG Energy Week 2025 provides a vital platform where industry leaders, government policymakers, investors, and technology experts can come together to exchange insights, foster collaboration, and align their efforts toward a common goal. This conference not only facilitates dialogue but also drives actionable strategies that will enable Nigeria to expand its production capacity sustainably, attract critical investments, and strengthen its position as a key player in the global energy arena.’’

BetKing Champions Inclusiveness, Affirms Commitment to Social Impact at NSF BetKing, a leading sports-tech and entertainment company, demonstrated its unwavering commitment to inclusivity and commitment to social impact at the recently concluded National Sports Festival (NSF) held in Ogun State, Nigeria.

The company took centre stage in the para-athletics category, sponsoring all para events and ensuring that athletes living with disabilities had the support and visibility they deserved.

Held at the MKO Abiola Stadium in Abeokuta, the festival brought together athletes from all 36 states and the FCT. Paraathletes—often overlooked in mainstream conversations—were given a platform to shine, thanks

to BetKing’s full sponsorship of equipment, travel logistics, medical classification support, and athlete welfare for over 400 participants in the para-sports division.

Speaking on the brand’s involvement, Gossy Ukanwoke, Managing Director of KingMakers & Chief Executive Officer of BetKing, stated, “Our sponsorship of para-sports at the National Sports Festival reflects our deeper responsibility to support the overlooked.

We believe that every athlete, regardless of ability, deserves a platform to compete, grow, and inspire. This is not charity—it’s a celebration of resilience, talent, and inclusion.”

This initiative is one of several ways BetKing continues to foster an inclusive sporting culture across Nigeria. Notably, the company sponsors the annual BetKing Wheelchair Basketball Competition, which brings together top-performing adaptive athletes from across the country, offering them a platform to compete, gain recognition, and develop their skills.

Beyond sports, BetKing’s commitment to social impact is further demonstrated through its BetKing Cares initiative, which is currently ongoing with outreach efforts set to impact four states—Lagos, Abia, Bayelsa, and Ogun.

Tsebo Rapid Rebrands as Tsebo Nigeria, Reaffirms Commitment to Excellence Sunday Ehigiator Leading facilities management company in Nigeria, Tsebo, has officially rebranded as Tsebo Nigeria, signalling a renewed commitment to delivering exceptional services tailored to Nigeria’s evolving business landscape.

At a high-profile brand launch event held yesterday in Lagos, Managing Director Oliyide Oluwashina emphasised that the rebrand is a strategic evolution reflecting the company’s dedication to Nigeria’s growth and transformation. According to him, “by aligning our brand more closely with our local operations, we are reinforcing our promise to deliver innovation, operational excellence, and

tailored service experiences that fuel our clients’ ambitions. This is a future we are building together, a future of smarter solutions, stronger partnerships, and deeper impact,” he said.

Also speaking at the event, the General Manager of Tsebo Nigeria, Mr. Kingsley Chijioke, noted that the rebrand is more than a brand update, “it is a bold declaration of who we are and where we are headed. It is a strategic fusion of deep local insight and global expertise.

“With Tsebo Nigeria, we are positioned to lead the transformation of facilities management in Nigeria. Our values of integrity, excellence, and client-centricity remain unchanged, and our goal is to deliver services that resonate beyond expectations.

We are energised for the road ahead” The event featured the official unveiling of the new brand logo, a visual showcase of Tsebo Nigeria’s service capabilities, and a networking session for industry partners.

Stakeholders expressed confidence in the company’s direction, reaffirming their trust in Tsebo Nigeria’s commitment to world-class service delivery, talent development, and operational excellence.

Oluwashina added that, “The new identity will be reflected across all communication channels, digital platforms, and operational touch points as Tsebo Nigeria continues to serve clients across sectors including oil & gas, healthcare, real estate, finance, manufacturing, and more.

Unity Bank Partners AfriGo to Advance Customer’s Electronic Payment Channel Kayode Tokede Unity Bank Plc has reaffirmed its commitment to advancing electronic payment adoption and financial inclusion by partnering with domestic card scheme provider, AfriGo, to boost card usage across its retail customer segments.

This pledge was made during a high-level strategic business engagement held recently at Unity Bank’s head office in Lagos , with the AfriGo’s Executive Management team.

Speaking during the ses-

sion, Unity Bank’s Managing Director/CEO, Mr. Ebenezer Kolawole, stated: “We are committed to making the AfriGo Card a primary delivery channel for Unity Bank.

“As a national domestic card scheme, it deserves to be promoted both internally and externally as a local solution with significant potential to redefine Nigeria’s card payment landscape.”

Kolawole also pledged the Bank’s continued support for the adoption of AfriGo cards

across its network, while urging AfriGo to intensify awareness campaigns to drive greater market acceptability.

In her remarks, the Managing Director of AfriGo, Ebehijie Momoh, commended Unity Bank for the support it has given the scheme, stating that the Bank ranks among the top five adopters of the AfriGo card and highlighted its growing impact in expanding financial inclusion and improving access to electronic payments.

L-R: Corporate Communications, Public Affairs and Sustainability Lead, Nestlé Nigeria, Victoria Uwadoka; MD/CEO, Nestlé Nigeria, Wassim Elhusseini; Minister, Federal Ministry of Livestock Development, Idi Mukhtar Maiha and Director, Ruminants and Monogastric Development, Federal Ministry of Livestock Development, Victor Egbon, at the signing ceremony of the Letter of Intent to establish the Nestlé Dairy Training Center, in Abuja…recently

MARKET INDICATORS MONEY AND CREDIT STATISTICS (MILLION NAIRA) Month

NOVEMBER

Money Supply (M3)

108,966,480.44

-- CBN Bills Held by Money Holding Sectors

19,796.18

Money Supply (M2)

108,946,684.26 72,672,756.90

-- Narrow Money (M1)

36,273,927.36

---- Currency Outside Banks

4,652,527.74

---- Demand Deposits

31,621,399.62

Net Foreign Assets (NFA)

17,347,112.78

Net Domestic Assets(NDA)

91,619,367.66

-- Net Domestic Credit (NDC)

115,576,757.67

---- Credit to Government (Net)

39,616,629.91

---- Memo: Credit to Govt. (Net) less FMA

0.00

---- Memo: Fed. and Mirror Accounts (FMA)

0.00

---- Credit to Private Sector (CPS)

75,960,127.77

--Other Assets Net

12,147,461.96

Reserve Money (Base Money)

30,871,571.25

--Currency in Circulation

4,878,125.22

--Banks Reserves

25,993,446.02

--Special Intervention Reserves

278,860.37 • Source - CBN

Money Market Indicators (in Percentage) Month

November

Inter-Bank Call Rate

28.88

Minimum Rediscount Rate (MRR) Monetary Policy Rate (MPR)

27.50

Treasury Bill Rate

18.00

Savings Deposit Rate

6.56

1 Month Deposit Rate

8.48

3 Months Deposit Rate

9.53

6 Months Deposit Rate

12.13

12 Months Deposit Rate

14.22

Prime Lending rate

18.39

Maximum Lending Rate

31.06

NSE

NSE MARKET INDEX % Change

CAP

0.75%(52%YoY)

Index

0.9% (29%Y/D) • Monetary Policy Rate - 27.50%

OPEC DAILY BASKET PRICE As At 6TH JANUARY , 2025

The price of OPEC basket of twelve crudes stood at $76.18 a barrel on Monday, compared with $75.89 the previous Friday, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

27

T H I S D AY • FRIDay, June 6, 2025

mARKET NEWS

Stock Market Crosses N72trn Mark as Investors Gain N1.15trn in One Day Kayode Tokede

The local stock market yesterday crossed the N72 trillion mark by market capitalisation as Investors gain N1.157 trillion in one day amid the positive momentum seen so far this week.

Following investors demand for MTN Nigerian Communications Plc and Oando Plc, the Nigerian Exchange Limited All Share Index (NGX

ASI) appreciated by 1,835.02 basis points or 1.63 per cent to close at 114,616.75 basis points.

Accordingly, market capitalisation rose by N1.157 trillion to close at N72.275 trillion.

Investor sentiment, as measured by market breath closed positive as 41 stocks gained relative to 22 losers.

Champion Breweries and NGX Group recorded the

P R I C E S MaiN Board

F O R

DEALS

highest price gain of 10 per cent each to close at N7.70 and N39.60 respectively, while MTN Nigeria Communications followed with a gain of 9.99 per cent to close at N319.20, per share.

Oando went up by 9.96 per cent to close at N56.85, while Morison Industries appreciated by 9.90 per cent to close at N3.22, per share.

On the other hand, NNFM led the losers’ chart by 9.97

S E C U R I T I E S

Market Price

quantity traded

value traded ( N )

per cent, to close at N125.05, per share. ABC Transport followed with a decline of 9.77 per cent to close at N2.40, while Legend Internet declined by 9.49 per cent to close at N5.34, per share.

Livestock Feeds depreciated by 7.82 per cent to close at N8.25 and Omatek Ventures declined by 7.59 per cent to close at 73 kobo, per share.

The total volume traded advanced by 139.1 per cent

T R A D E D MaiN Board

to 1.462 billion units, valued at N33.474 billion, and exchanged in 16,410 deals.

Transactions in the shares of Fidelity Bank topped the activity chart with 829.726 million shares valued at N15.971 billion.

Legend Internet led with 180.300 million shares worth N1.018 billion, while Zenith Bank traded 62.817 million shares valued at N3.127 billion.

A S O F

Japaul Gold & Venture traded 34.839 million shares valued at N69.605 million, while Guaranty Trust Holding Company (GTCO) sold 30.906 million shares worth N2.164 billion.

On market outlook, a group of analysts at Afrinvest Limited said, “we expect the local bourse to resume from the two-day holidays on a slight bearish note driven by profit taking activities.”

J U N E / 5 / 2 5 DEALS

Market Price

quantity traded

value traded ( N)

28

T H I S D AY • FRIDAY, JUNE 6, 2025

MARKET NEWS 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 03 June-2025, unless otherwise stated.

Offer price: The price at which units of a trust or ETF are bought by investors.

Bid Price: The price at which Investors redeem (sell) units of a trust or ETF. Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return.

NAV: Is value per share of the real estate assets held by a REIT on a specific date.

DAILY PRICE LIST FOR MUTUAL FUNDS, REITS and ETFS

MUTUAL FUNDS / UNIT TRUSTS

AFRINVEST ASSET MANAGEMENT LTD aaml@afrinvest.com Web: www.afrinvest.com; Tel: +234 818 885 6757 Fund Name Bid Price Offer Price Yield / T-Rtn Afrinvest Equity Fund 454.74 466.26 14.40% Afrinvest Plutus Fund 362.14 362.14 -11.65% Nigeria International Debt Fund 100.00 100.00 18.22% Afrinvest Dollar Fund 113.15 113.15 2.76% AIICO CAPITAL LTD ammf@aiicocapital.com Web: www.aiicocapital.com, Tel: +234-1-2792974 Fund Name Bid Price Offer Price Yield / T-Rtn AIICO Money Market Fund 100.00 100.00 20.42% AIICO Balanced Fund 6.45 6.54 12.82% AIICO Eurobond Fund 100.00 100.00 7.26% Web:www.anchoriaam.com, Tel: 08166830267; 08036814510; 08028419180 Fund Name Bid Price Offer Price Yield / T-Rtn Anchoria Money Market 100.00 100.00 19.53% Anchoria Equity Fund 294.45 297.98 13.96% Anchoria Fixed Income Fund 1.46 1.46 11.55% ARM INVESTMENT MANAGERS LTD enquiries@arminvestmentcenter.com Web: www.arm.com.ng; Tel: 0700 CALLARM (0700 225 5276) Fund Name Bid Price Offer Price Yield / T-Rtn ARM Aggressive Growth Fund 37.84info@anchoriaam.com 38.98 6.71% ARM Discovery Balanced Fund 847.11 872.65 6.57% ARM Ethical Fund 75.63 77.91 10.30% ARM Eurobond Fund 1.17 1.17 13.58% ARM Fixed Income Fund 1.26 1.26 24.88% ARM Money Market Fund 1.13 1.13 22.02% ARM Shariah Fixed Income Fund 1.08 1.08 14.86% ARM Short Term Bond Fund 1.02 1.02 4.91% ARM Short Term Eurobond Fund 1.00 1.00 22.10% AVA GLOBAL ASSET MANAGERS LIMITED info@avacapitalgroup.com Web: www.avacapitalgroup.com; Tel 08069294653 Fund Name Bid Price Offer Price Yield / T-Rtn 107.88 107.88 5.46% AVA GAM Fixed Income Dollar Fund 1,116.65 1116.65 10.65% AVA GAM Fixed Income (Naira) Fund 1.00 1.00 20.25% AVA GAM Money Market Fund AXA MANSARD INVESTMENTS LIMITED investmentcare@axamansard.com Web: www.axamansard.com; Tel: +2341-4488482 Fund Name Bid Price Offer Price Yield / T-Rtn 0.00 0.00 0.00% AXA Mansard Equity Income Fund 0.00 0.00 0.00% AXA Mansard Money Market Fund CAPITAL EXPRESS ASSET AND TRUST LIMITED info@capitalexpressassetandtrust.com Web: www.capitalexpressassetandtrust.com; Tel: +234 803 307 5048 Fund Name Bid Price Offer Price Yield / T-Rtn 2.61 2.61 13.97% CEAT Fixed Income Fund 5.10 5.22 27.73% Capital Express Balanced Fund(Formerly: Union Trustees Mixed Fund) CARDINALSTONE ASSET MANAGEMENT LIMITED mutualfunds@cardinalstone.com Web: www.cardinalstoneassetmanagement.com; Tel: +234 (1) 710 0433 4 Fund Name Bid Price Offer Price Yield / T-Rtn 1.11 1.11 15.57% CardinalStone Fixed Income Alpha Fund 1.08 1.08 8.70% CardinalStone Equity Fund 1.40 1.42 13.11% CardinalStone Dollar Fund 1.00 1.00 23.11% CardinalStone Money Market Fund 1.05 1.05 4.86% CardinalStone Balanced Fund CHAPELHILL DENHAM MANAGEMENT LTD investmentmanagement@chapelhilldenham.com Web: www.chapelhilldenham.com, Tel: +234 461 0691 Fund Name Bid Price Offer Price Yield / T-Rtn Chapel Hill Denham Money Market Fund 0.00 0.00 0.00 Nigeria Bond Fund 0.00 0.00 0.00 Nigeria Dollar Income Fund 0.00 0.00 0.00 Paramount Equity Fund 0.00 0.00 0.00 CORDROS ASSET MANAGEMENT LIMITED assetmgtteam@cordros.com Web: www.cordros.com, Tel: 019036947 Fund Name Bid Price Offer Price Yield / T-Rtn Cordros Money Market Fund 100.00 100.00 0.00% 110.85 110.85 13.09% Cordros Fixed Income Fund 117.35 117.35 10.27% Cordros Halal Fixed Income Fund Cordros Dollar Fund ($) 114.34 114.34 7.35% Cordros Milestone Fund 196.79 198.17 8.55% CORONATION ASSETS MANAGEMENT investment@coronationam.com Web:www.coronationam.com, Tel: 012366215 Fund Name Bid Price Offer Price Yield / T-Rtn Coronation Money Market Fund 0.00 0.00 0.00 Coronation Balanced Fund 0.00 0.00 0.00 Coronation Fixed Income Fund 0.00 0.00 0.00 EDC FUNDS MANAGEMENT LIMITED mutualfundng@ecobank.com Web: www.ecobank.com Tel: 012265281 Fund Name Bid Price Offer Price Yield / T-Rtn EDC Nigeria Money Market Fund 100.00 100.00 20.82% EDC Nigeria Balanced Fund 136.45 137.44 15.21% EDC Nigeria Halal Fund 101.66 101.66 4.73% EMERGING AFRICA ASSET MANAGEMENT LIMITED assetmanagement@emergingafricafroup.com Web:www.emergingafricagroup.com/emerging-africa-asset-management-limited/, Tel: 08039492594 Fund Name Bid Price Offer Price Yield / T-Rtn Emerging Africa Money Market Fund 1.00 1.00 20.29% Emerging Africa Bond Fund 1.20 1.20 11.96% Emerging Africa Balanced Diversity Fund 1.50 1.51 17.65% Emerging Africa Eurobond Fund 114.44 114.44 7.04% Emerging Africa Halal Fund 1.09 1.09 11.72% FBNQUEST ASSETS MANAGEMENT LIMITED invest@fbnquest.com Web: www.fbnquest.com/asset-management; Tel: +234-81 0082 0082 Fund Name Bid Price Offer Price Yield / T-Rtn FBN Money Market Fund 100 100 20.99% FBN Bond Fund 1717.46 1717.46 11.14% FBN Dollar Fund 130.29 130.29 7.30% FBN Halal Fund 153.11 153.11 14.89% FBN Specialized Dollar Fund 122.83 122.83 8.00% FBN Balanced Dollar Fund 101.4 101.4 1.40% FCMB ASSET MANAGEMENT LIMITED fcmbamhelpdesk@fcmb.com Web: www.fcmbassetmanagement.com; Tel: +234 1 462 2596 Fund Name Bid Price Offer Price Yield / T-Rtn Legacy Money Market Fund (LMMF) 1.00 1.00 0.00% Legacy Equity Fund (LEF) 3.79 3.79 10.69% Legacy USD Bond Fund (LUBF) 4.11 4.19 10.11% FCMB-TLG Private Debt Fund 0.00 0.00 0.00% FSDH ASSET MANAGEMENT LTD coralfunds@fsdhgroup.com Web: www.fsdhaml.com; Tel: 01-270 4884-5; 01-280 9740-1 Fund Name Bid Price Offer Price Yield / T-Rtn Coral income fund 4,601.99 4,601.99 11.77% Coral money market fund 100.00 100.00 21.22% FSDH HALAL FUND 1,253.42 1,253.42 13.26% FSDH dollar fund 1.30 1.30 6.46% Coral Balanced Fund 9,172.23 9,251.61 47.48% INVESTMENT ONE FUNDS MANAGEMENT LTD enquiries@investment-one.com Web: www.investment-one.com; Tel: +234 812 992 1045,+234 1 448 8888 Fund Name Bid Price Offer Price Yield / T-Rtn 0.00 0.00 0.00 ABACUS: Guaranty Trust Money Market Fund (GTMMF) 0.00 0.00 0.00 VEIF: Guaranty Trust Equity Income Fund (GTEIF) 0.00 0.00 0.00 VBF: Guaranty Trust Balanced Fund (GTBF)

0.00 0.00 0.00 VDF: Guaranty Trust Dollar Fund (GTDF) 0.00 0.00 0.00 VGIF: Guaranty Trust Fixed Income Fund (GTFIF) HILLCREST CAPITAL MANAGEMENT dabbey@hillcrestcapmgt.com Web: https://hillcrestcapmgt.com/; Tel: +2348075144540, 0214540094 Fund Name Bid Price Offer Price Yield / T-Rtn Hillcrest Balanced Fund 0.00 0.00 0.00 LOTUS CAPITAL LTD fincon@lotuscapitallimited.com Web: www.lotuscapitallimited.com; Tel: +234 1-291 4626 / +234 1-291 4624 Fund Name Bid Price Offer Price Yield / T-Rtn LOTUS HALAL FIXED INCOME FUND 1,261.96 1,261.96 13.81% LOTUS HALAL INVESTMENT FUND 2.50 2.54 23.89% LOTUS HALAL EQUITY EXCHANGE TRADED FUND 36.63 40.48 46.16% LOTUS WAQF ENDOWMENT FUND 1,135.36 1,135.36 8.45% MERISTEM WEALTH MANAGEMENT LTD info@meristemwealth.com Web: www.meristemwealth.com/funds/; Tel: +2348028496012 Fund Name Bid Price Offer Price Yield / T-Rtn Meristem Equity Market Fund 0.00 0.00 0.00 Meristem Value ETF 0.00 0.00 0.00 Meristem Growth ETF 0.00 0.00 0.00 Meristem Fixed Income Fund 0.00 0.00 0.00 Meristem Dollar Income Fund 0.00 0.00 0.00 Meristem Money Market Mutual Fund 0.00 0.00 0.00 MANGO ASSET MANAGEMENT jetadafe@mangoam.com Web:https://mangoam.com/; Tel: +234 7030839517 Fund Name Bid Price Offer Price Yield / T-Rtn Mango Naira Money Market Fund 1.00 1.00 21.40% NORRENBERGER INVESTMENT AND CAPITAL MANAGEMENT LIMITED enquiries@norrenberger.com

Web: www.norrenberger.com, Tel: +234 (0) 908 781 2026 Fund Name Bid Price Offer Price Yield / T-Rtn Norrenberger Money Market Fund (NMMF) 100.00 100.00 21.67% Norrenberger Islamic Fund (NIF) 105.76 105.76 14.19% NORRENBERGER DOLLAR FUND (NDF)-----($) 104.80 104.80 9.39% NORRENBERGER TURBO FUND (NTF)-----(N) 103.96 103.96 14.49% PAC ASSET MANAGEMENT LTD info@pacassetmanagement.com Web: www.pacassetmanagement.com/mutualfunds; Tel: +234 1 271 8632 Fund Name Bid Price Offer Price Yield / T-Rtn PACAM Balanced Fund 10.00 10.00 18.08 PACAM Fixed Income Fund 12.71 13.16 3.98% PACAM Money Market Fund 2.99 3.06 14.57% PACAM Equity Fund 1.44 1.51 3.94% PACAM EuroBond Fund 139.31 144.17 1.63% SCM CAPITAL ASSET MANAGEMENT LIMITED info@scmcapitalng.com Web: www.scmcapitalng.com; Tel: +234 1-280 2226,+234 1- 280 2227 Fund Name Bid Price Offer Price Yield / T-Rtn The Frontier Fund 0.00 0.00 0.00 SFS CAPITAL NIGERIA LTD investments@sfsnigeria.com Web: www.sfsnigeria.com, Tel: +234 (01) 2801400 Fund Name Bid Price Offer Price Yield / T-Rtn SFS Fixed Income Fund 0.00 0.00 0.00% SFS REIT 0.00 0.00 0.00% UH REIT/SFS 0.00 0.00 0.00% STANBIC IBTC ASSET MANAGEMENT LTD assetmanagement@stanbicibtc.com Web: www.stanbicibtcassetmanagement.com; Tel: +234 1 280 1266; 0700 MUTUALFUNDS Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Money Market Fund Stanbic IBTC Bond Fund Stanbic IBTC Shariah Fixed Income Fund Stanbic IBTC Enhanced Short-Term Fixed Income Fund Stanbic IBTC Absolute Fund UPDC REIT Stanbic IBTC Balanced Fund Stanbic IBTC ETF 30 Fund Stanbic IBTC Ethical Fund Stanbic IBTC Guaranteed Investment Fund Stanbic IBTC Imaan Fund Stanbic IBTC Nigerian Equity Fund SIAML Pension ETF 40 Stanbic IBTC Aggressive Fund Stanbic IBTC Conservative Fund

STL ASSET MANAGEMENT LIMITED Web: WWW.STLASSETMGT.COM; Tel: 8136115170 Fund Name STL MONEY MARKET FUND STL BALANCED FUND STL DOLLAR FUND

UNITED CAPITAL ASSET MANAGEMENT LTD Web: www.unitedcapitalplcgroup.com; Tel: +234 01-6317876 Fund Name United Capital Money Market Fund United Capital Sukuk Fund United Capital Fixed Income Fund United Capital Nigerian Eurobond Fund United Capital Global Fixed Income Fund United Capital Stable Income Fund United Capital Equity Fund United Capital Balanced Fund United Capital Wealth for Women Fund VETIVA FUND MANAGERS LTD Web: www.vetiva.com; Tel: +234 1 453 0697 Fund Name Vetiva Banking Exchange Traded Fund Vetiva Consumer Goods Exchange Traded Fund Vetiva Griffin 30 Exchange Traded Fund Vetiva Money Market Fund Vetiva Industrial Goods Exchange Traded Fund Vetiva S&P Nigeria Sovereign Bond Exchange Traded Fund QUANTUM ZENITH ASSET MANAGEMENT & INVESTMENTS LTD Web: www.quantumzenith.com.ng; Tel: +234 1-2784219 Fund Name Zenith Balanced Strategy Fund Zenith Income Fund Zenith Money Market Fund ZEDCREST INVESTMENT MANAGER LIMITED Web: www.zedcrestwealth.com; Tel: +2348075881240 Fund Name Zedcrest Money Market Fund Zedcrest Fixed Inocme Fund Zedcrest Dollar Fund

REITS Fund Name SFS REIT UPDC REIT

1.00 259.03 135.27 139.68 5,168.20 11.59 7,336.55 279.00 3.39 367.64 628.69 30,047.23 291.40

1.00 259.03 135.79 143.18 5,170.86 11.59 7,408.55 279.00 3.43 368.20 636.70 30,485.33 291.40

20.41% 0.15% 1.01% 1.59% 0.02% 2.00% 15.05% -31.95% -98.31% 3.92% 26.18% 18.61% -64.02%

9,726.31 7,710.96

9,851.54 21.44% 7,745.62 13.47% jemenike@stlassetmgt.com

Bid Price 100.00 1,204.55 102.85

Offer Price Yield / T-Rtn 100.00 21.22% 1,221.11 21.28% 102.85 2.85% unitedcapitalplcgroup.com

Bid Price 1.00 1.27 2.03 127.90 1.21 118.03 1.73 2.21 1.71

Offer Price Yield / T-Rtn 1.00 19.57% 1.27 10.08% 2.03 8.04% 127.90 6.38% 1.21 7.99% 118.03 20.35% 1.74 15.82% 2.23 12.00% 1.72 12.81% funds@vetiva.com

Bid Price Offer Price Yield / T-Rtn 11.74 11.84 42.31% 23.98 24.08 55.63% 40.80 41.00 13.11% 1.00 1.00 21.34% 34.68 34.88 -25.86% 147.83 149.83 0.00% service@quantumzenithasset.com.ng Bid Price Offer Price Yield / T-Rtn 25.92 26.25 21.91% 28.90 28.90 3.57% 1.00 1.00 20.12% investmentoperations@zedcrest.com Bid Price 0.00

Offer Price 0.00

Yield / T-Rtn 0.00%

0.00 0.00

0.00 0.00

0.00% 0.00%

NAV Per Share

Yield / T-Rtn

0.00

0.00%

7,745.62

13.47%

The value of investments and the income from them may fall as well as rise. Past performance is a guide and not an indication of future returns. Fund prices published in this edition are also available on each fund manager’s website and FMAN’s website at www.fman.com.ng. Fund prices are supplied by the operator of the relevant fund and are published for information purposes only.

This

Weekend

T H I S D AY •FRIDay, june 6 2025

Group Features Editor: Chiemelie Ezeobi chiemelie.ezeobi@thisdaylive.com

07010510430

TR

N

Weekly Magazine UTH

& R E ASO

Francesca Uriri: Building a Powerful Future for African Women, Girls

T H I S D AY •FRIDay, june 6 2025

30

Cover

Francesca Uriri: Building a Powerful Future for African Women, Girls

Francesca Uriri is a force for change and a catalyst for transformation in pursuing gender equality and women’s empowerment. As the visionary founder of Leading Ladies Africa, she’s spent years championing gender equity and women’s leadership, inspiring a new generation of African women and girls to reach their full potential.With a remarkable career marked by determination and passion, Uriri has been instrumental in shaping a movement that celebrates African women and girls’ strength, resilience, and potential. With a storied career spanning nearly two decades, she has defied conventions, shattered glass ceilings, and inspired countless individuals with her unwavering dedication to creating a more just, equitable, and inclusive world. In this powerful interview with MARY NNAH, Uriri shares her insights on leadership, social impact, and empowerment, offering a glimpse into the mind of a true leader and changemaker What drives your passion for gender equity and women’s leadership, and how did you become involved in this work? s a young Nigerian girl, I was born into a deeply patriarchal and oppressive society – one that believes (and still believes), that girls and women were somehow inferior based solely on gender. This did not sit right with me, especially as I was raised in a household where both of my parents’ modelled equity and equality on a regular basis. And so, I began to explore thoughtful, creative ways to advocate for gender equity in a way that was empowering, educative and inspiring. That’s how Leading Ladies Africa was born. We started first as an editorial, storytelling platform for African women, and have steadily evolved over the years to launching, developing and scaling programs that support our advocacy, editorial and communications campaigns.

and contributions of African women for over 10 years, I was quite (and very pleasantly surprised). I’m used to being in the background, so being recognised by the United Nations on a platform that also recognised so many other inspiring Africans, doing impactful work on the continent and in the diaspora, was really very encouraging. It spurs me on to continue to champion and advocate for African women and girls in the years to come.

A

As the Founder of Leading Ladies Africa, what’s your vision for the organisation, and how do you see it impacting the lives of African women and girls in the next 5-10 years?

Through my work at Leading Ladies Africa, my vision is to see a just world where gender inclusive leadership for African women and girls becomes the norm, not the exception. Where they have equal opportunities and access to live more meaningful and impactful lives, without systemic, cultural, religious and political barriers impeding their progress.

And we’ll see the impact not just with the women and girls themselves, but also have stronger economies, more equitable societies, and communities that protect and advance women, and not harm them.

You’ve had an impressive career spanning nearly 20 years. What’s been the most pivotal moment or experience that shaped your journey so far?

This may not be the answer that people are expecting to hear, but I honestly think that the most pivotal moment (or season), was when I started out. I launched my career (as you can probably remember Mary lol) at Sesema PR run by the late Alima Atta. It was there I learned the “tools of the trade,” and developed the foundation for all the skills that are required in what has today become an incredible career in Corporate Communications and Public Affairs. Starting in a boutique-style PR agency, where I was quickly exposed to a variety of clients and brands, really set the stage (and tone) for my career in subsequent years.

As a woman working in Corporate America, what successes have you seen in your role, and how can others learn from you?

Again, I’m going to answer this question a little differently. The most important, and perhaps meaningful success that I’ve seen working in Corporate America, is that I’m here.

Yes, that’s right, I’m here, fully present and showing up as myself. I’m not just a woman here, I’m a Black/African/

What’s one thing you wish people knew about you, and how do you hope to be remembered in your lifetime?

I think those closest to me know that I can be incredibly introverted, and maybe even a little reclusive – I need a lot of quiet and alone time to recharge and refuel. I’d like to be remembered as a woman who lived fully, loved and loved deeply.

What was your childhood like, and how did your upbringing influence your values and passions?

My Father was in the Nigerian Navy, so I grew up on a huge Naval Base.

When I say huge, I mean hugggggeeee!

Thousands of people from different walks of life, cultures, tribes, religions, dispositions, etc. And what that taught me was first, the power of community, and also the power in difference and diversity. It’s shaped the way I’ve become as an adult, where I’ve learned to fully embrace diversity and be inclusive of everyone. It also gave me a strong sense of justice – it grieves my spirit when there is any type of injustice against anyone, and so I try to use my voice and my talents to speak up. Perhaps that is also informed by the choice of work as a women’s and girls’ advocate.

Francesca Uriri

Immigrant woman, and within those descriptors are immense opportunities for me, but also incredible challenges and obstacles that I’ve had to surmount to be here. So, the lesson is this: these spaces weren’t historically created for “people like us,” and so to blaze the trail and break new ground, you will have to face moments of intensity.

So, prepare yourself for that. But I think it’s worth it. At least it has been for me.

You’re a writer, a corporate leader, and a social impact advocate. How do you balance these different passions and pursuits, and what advice would you give to others looking to navigate multiple interests?

First of all, as they say in Naija parlance: “E no easy o!” Lol! But seriously, I think you have to make time for what is important. Writing is important to me, so is my career, and so is Leading Ladies Africa – so I make the time to nurture these gifts and talents. I’m an incredibly driven woman, who h a s a h i g h s e n s e o f re s p o n s i b i l i ty to God for giving me these gifts and opportunities – so I suppose that I try to maximize them in a way that will make my heavenly F a t h e r p ro u d .

What’s the most important lesson you’ve learned throughout your career, and how has it influenced your approach to leadership and social impact?

I’ve learned the importance of showing up and putting in the work – there’s just no getting around it. We live in a world where social media photos and videos make it all look easy, but the truth is that it’s not always that way. So, you need to show up and do the work, not just the appearance of doing the work, but actually getting it done. And also, just consistently developing capacity. My Warri people say: “person nor dey know finish.” So, keep learning, be open to feedback, keep evolving, do the work, and surround yourself with people who understand the work and can get it done. This perhaps sums up my approach to leadership.

You’ve been recognized by the United Nations as one of the 100 Most Influential People of African Descent. What does this recognition mean to you, and how do you hope to continue making a positive impact?

As someone whose organisation, through the #LLA100Women initiative, has honoured the impact

Who were some of the key figures in your early life who helped shape your perspective on gender equality and women’s empowerment?

Definitely my parents! I was born into a home where I was wanted, and where I was loved – that is a core memory that shapes every child – to know that you were wanted and loved. My father in particular was very intentional about expanding my mind and building me up, he exposed me to different aspects of culture – books, music, travel, art, science, etc.

By the time I was 10, I’d read so many books that had broadened my worldview.

My father also encouraged my brother and I to constantly ask questions, however uncomfortable or difficult. Because he believed that asking questions caused you to pause, reflect and come up with solutions. Most importantly, he ensured that I saw myself as a full, complete individual, and that my gender did not make me “less than” in any way, shape or form. Those ideals have helped shape my work around gender justice and equity.

By asking questions and not accepting the status quo, Leading Ladies Africa is building a powerful future for African women and girls.

What is your message to women and girls all over the world?

You are powerful. Embrace your power.

Walk in it. Live it. Show it. Be it.

31

T H I S D AY •FRIDay, june 6 2025

news

Adesina’s Decade of Impact: A Farewell to a Visionary Leader Who Changed the Continent

Nume Ekeghe writes on the remarkable legacy of Dr. Akinwumi Adesina whose 10-year presidency of the African Development Bank (AfDB) reshaped Africa’s development landscape, reaching over 565 million lives and positioning the institution as a global leader in transformative finance

A

s the sun set on the 2025 Annual Meetings of the African Development Bank (AfDB) in Abidjan, the atmosphere was charged with emotion, nostalgia, and pride. Delegates, partners, and leaders from across Africa and beyond came together not just to close another fiscal year, but to bid farewell to a man whose leadership left an indelible mark on the continent: Dr. Akinwumi Adesina.

For me, as a journalist covering development finance and policy, I have seen many leaders take the stage. But few have carried the weight of vision, passion, and results quite like Dr. Adesina.

I am proud and honored to have known and met a truly remarkable leader whose belief in Africa was not just rhetorical but deeply rooted in action and accountability.

These tools were more than just accounting innovations; they signaled a shift in how Africa could finance its development. They provided the continent with leverage, fiscal flexibility, and resilience in the face of rising debt and declining aid flows. They demonstrated that Africa’s institutions could compete and collaborate on equal footing with the world’s best.

The cumulative effect of these reforms was not only improved credit ratings and greater investor confidence but also a repositioning of AfDB as a standard-setter in global development finance. The Bank was no longer just a regional lender; it had become a model for innovation and agility—redefining what it means to finance inclusive, sustainable development in the 21st century.

The Beginning of a Bold Journey When Dr. Adesina became President of the AfDB in 2015, Africa was at a crossroads. The continent was grappling with weak infrastructure, limited power supply, rising poverty, and a growing youth population with few opportunities. Adesina arrived with a farmer’s heart, an economist’s mind, and a reformer’s soul. A former Nigerian Minister of Agriculture, he understood that Africa’s challenges were not a matter of potential, but of priorities.

He quickly set the tone for his presidency by unveiling the “High 5s” — five strategic priorities that would guide the Bank’s investments and partnerships: Light up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa.

Over the next decade, those High 5s became more than institutional goals. They became the lens through which AfDB evaluated impact, the framework for aligning government priorities, and the narrative that reshaped how the world perceived Africa.

Bringing Africa to the Table Adesina was also a tireless advocate for Africa on the global stage. He pushed for greater African representation in G20 decision-making, called for a fairer global financial architecture, and rallied support for Special Drawing Rights (SDRs) to be reallocated to Africa.

He reminded the world, time and again, that Africa did not need pity. It needed partnerships.

Not charity, but capital.

Measured in Millions, Felt in Lives In his closing speech, Dr. Adesina did more than list statistics—he delivered a legacy. The African Development Bank, under his leadership and through the High 5 agenda, reached more than 565 million people across Africa. These weren’t just numbers. They were lives transformed.

Some 128 million people gained access to improved health services, allowing mothers to safely give birth in hospitals and rural communities to combat diseases with dignity and strength. Another 121 million benefited from improved transport infrastructure, leading to thriving regional trade and the opening of new economic corridors that were once inaccessible.

Food security, once an elusive dream for many, became a reality for 104 million Africans. By empowering farmers with financing, technology, and better inputs, the Bank helped create food systems that are not just productive but sustainable.

In regions once plagued by drought and scarcity, food is now being harvested with confidence and scale.

Water and sanitation—often the difference between dignity and despair—reached 63 million and 34 million people respectively. Clean water now flows through taps in villages that once relied on rivers and distant wells. Sanitation services have been extended, especially to women and children, with tangible improvements in public health.

Perhaps most symbolically, 28 million people were connected to electricity. That means 28 million Africans now live in communities where evening light is no longer a luxury. Children can study at night, businesses can run longer, and communities can thrive under streetlights instead of darkness.

These achievements were not theoretical metrics— they were real, human experiences made possible by infrastructure, finance, and commitment. They represent a woman in Dakar opening a hair salon with reliable electricity, a truck driver in East Africa delivering goods in half the time thanks to better roads, or a schoolgirl in Kano doing homework at night under a solar lamp.

Adesina’s numbers tell a story of hope grounded in practical delivery. They reflect a Bank that became more than a financier—it became a builder of dreams. Every borehole, road, clinic, and power line speaks of a decade where vision met execution.

Beyond the impressive reach of these interventions lies the ripple effect. As more people gain access to electricity, the digital economy is booming. As more roads are paved, intra-African trade strengthens.

Legacy Through Leadership Inside the Bank, Adesina was known for being both exacting and inspiring. He demanded excellence, but he gave respect. He traveled often, not just to meet presidents, but to listen to farmers, businesswomen, students, and engineers.

Adesina As agriculture becomes more productive, food prices stabilize and livelihoods improve. Each figure becomes a catalyst for even broader transformation.

In his farewell message, Adesina reminded the world that development isn’t about big speeches—it’s about better lives. And in that regard, his presidency delivered abundantly.

The High 5s were more than policy—they were personal. They were about reconnecting Africans to possibility.

As he concluded his speech, the applause that followed wasn’t just for the numbers. It was for the dignity restored, the opportunities created, and the pride rekindled in a continent long told to wait for progress. Dr. Adesina proved that the future doesn’t have to wait.

It can be built, one life at a time.

Abidjan: A City Reimagined As part of the closing events, we joined a special media tour of AfDB-funded infrastructure projects in Abidjan — a testament to what visionary finance can achieve. The 4th Abidjan Bridge, spanning 1.4 kilometers, connects Plateau and Adjamé to Yopougon. It has reduced a three-hour commute to just ten minutes, with the potential to transform not just traffic, but time and productivity.

The larger Abidjan Urban Transport Project (PTUA) covers 88 km of highways, upgraded intersections, smart traffic control, and relocation housing for displaced communities.

It is projected to cut over 900,000 tonnes of CO2 emissions annually starting in 2024.

Then there’s the Government Social Programme Support Project (PA-PSGOUV), which has provided jobs and training to over 10,000 youth, empowered 9,500 women entrepreneurs, built 36 health centers, and revitalized entire value chains from cassava to aquaculture.

These aren’t just projects; they are blueprints. They demonstrate what it means when a bank becomes a partner for people, not just governments.

Crises Met with Courage Adesina’s leadership was tested not just by development hurdles, but by global crises.

During the COVID-19 pandemic, the AfDB responded swiftly with a $10 billion Crisis Response Facility. When Russia’s invasion of Ukraine threatened food security, Adesina

launched the $1.5 billion Emergency Food Production Facility, helping 13 million farmers across 29 countries produce 44 million tonnes of food.

At every turn, he demonstrated that development finance was not just about numbers, but about urgency, courage, and results.

Rewriting the Rules of Development Finance Perhaps one of Adesina’s most lasting legacies lies in what he did to reposition the Bank itself. Under his leadership, the African Development Bank underwent a financial transformation of unprecedented scale. The Bank achieved its largest-ever capital increase, growing from $93 billion to $318 billion—a powerful affirmation of global confidence in the institution’s governance and future direction. This expansion significantly increased the Bank’s lending capacity, enabling it to take on more ambitious, high-impact projects across the continent.

In parallel, the African Development Fund—the Bank’s concessional arm for low-income countries—secured a historic $8.9 billion replenishment, unlocking vital resources for fragile states and the poorest African countries. This remarkable boost in donor support reaffirmed the Bank’s role as a reliable and effective partner in delivering results where they matter most.

Beyond headline numbers, Adesina’s AfDB pioneered groundbreaking financial instruments. The Bank became the first multilateral development institution to successfully implement hybrid capital and synthetic securitisation structures.

These innovations unlocked fresh capital by leveraging the Bank’s existing balance sheet, giving the institution new financial headroom without compromising its prudence or credit ratings.

Hybrid capital, long used in the private sector, was adapted to the development finance space through AfDB’s leadership.

It allowed the Bank to strengthen its Tier 1 capital and expand its loan book while preserving financial sustainability. Synthetic securitisation, on the other hand, enabled AfDB to transfer credit risk from its loan portfolio, freeing up capital for new investments—particularly in underserved regions and climate-resilient infrastructure.

In his farewell address, he said: “You, our Governors, put the wind behind our sails. You, our Board of Directors, ensured we sailed in the right direction. You, my staff, were the ones who trimmed the sails, steered the rudder, and kept the engine of this great ship running. I trusted you, and you never failed.”

He also expressed deep appreciation to his wife, Grace, for standing by him throughout the journey. It was a deeply human moment in a room filled with suits, statistics, and applause.

A Future Already in Motion As the Bank transitions to a new president, Adesina’s impact is not fading. The policies he set in motion, the platforms he built, and the trust he restored have already created momentum.

Just this year, Nigeria replenished the Nigeria Trust Fund with $500 million and extended its timeline to 2040. That’s not just support; it’s belief.

His successor, Sidi Ould Tah, inherits a strong institution with global respect, regional relevance, and continental reach. But more than that, he inherits a standard — a culture of excellence and purpose forged over ten years of tireless service.

A Personal Reflection As a Nigerian, and as an African, I felt immense pride watching Adesina walk through the halls of the Sofitel Hotel in Abidjan this week. Not because he is from my country, but because he is from our continent.

He showed us what African leadership can look like — bold, brilliant, and accountable. He reminded us that the job of leadership is not just to manage problems, but to imagine solutions.

From clean energy corridors in East Africa to irrigation farms in the Sahel, from women entrepreneurs in Lagos to cassava processors in Bouaké, the evidence of his work is everywhere.

But perhaps the greatest proof is the renewed confidence Africans now have in their own future.

“It has been the greatest honor of my life to serve as President of the African Development Bank Group and to serve Africa,” he said in his final remarks. “I will forever value the shared moments we’ve had for the past ten years. I will keep precious memories of you all as treasures.”

The Beat Goes On To borrow his words: the beat goes on. The heartbeat of the African Development Bank is stronger, louder, and more unified than ever.

Not because of one man, but because one man chose to serve with everything he had.

32

FRIDAY, JUNE 6, 2025 • THISDAY

NEWS

ABIODUN INAUGURATES ROAD PROJECTS...

L–R: Former Deputy Governor of Ogun State, Chief (Mrs) Yetunde Onanuga; Ogun State Head of Service, Mr. Kehinde Onasanya; Speaker, Ogun State House of Assembly, Rt. Hon. Oludaisi Elemide; Ogun State Governor, Prince Dapo Abiodun; the Orimolusi of Ijebu-Igbo, Oba Lawrence Jaiyeoba Adebajo; and Chief Imam of Ijebu-Ode, Sheikh Miftaudeen Gbadegesin Ayanbadejo, during the inauguration of the Igbeba–Talbort–Yidi Lane and the Awokoya Road in Ijebu-Ode Local Government Area of Ogun State, Thursday

Trump, Musk End Friendship, Exchange Insults Online Emmanuel Addeh in Abuja

President Donald Trump’s friendship and political alliance with Elon Musk, the world’s richest man, who fuelled Trump’s campaign with close to $300 million, appeared to be over yesterday, with both men leveling

searing criticism against one another in a sharp public feud.

Musk had been criticising the Trump administration over its signature legislation, known as the “One Big Beautiful Bill Act,” for its projected impact on the national debt throughout last week. But his calls

to “kill the bill” prompted Trump, speaking to media from the Oval Office, to respond in kind.

“Elon and I had a great relationship, I don’t know if we will anymore,” Trump said. “And he hasn’t said bad things about me personally, but I’m sure that’ll be

next. But I’m very disappointed in Elon,” he added.

Musk, responding on his social media platform, X, took credit for Trump’s election victory. The billionaire entrepreneur, whose companies also include SpaceX and Tesla, further alleged that Trump’s name appears

At Inauguration of Lekki Sea Port Access Road, Tinubu Pledges More Funds for Infrastructure Devt “I am happy that the Deep Sea Port I initiated as Governor of Lagos State is a huge success today. Users save vast amounts of money using this port because they no longer need to trans-ship their goods.

“I commend the quality of the access road done by Messrs Dangote Industries Limited on our Tax Credit Road programme and the subcontractor, Messrs Hitech Construction Company Limited.

Speaking on behalf of the governors, the Governor of Kaduna State, Senator Uba Sani, thanked the President for removing the subsidy, which had translated into increased allocations to the states for health, education, and infrastructure investments.

Sani assured the President of the sub-national collaboration to improve infrastructure nationwide.

Dangote, thanked Tinubu for envisioning and implementing the Lekki Deep Sea Port project and assured him of the private sector’s support for expanding infrastructure nationwide.

Africa’s richest, however, announced that his businesses would be spending about N900 billion on eight critical road infrastructure projects across the country, leveraging the enabling and creative policies of the Tinubu administration.

Dangote also disclosed that his conglomerate has paid over N402 billion in total as taxes to the government in 2024.

The billionaire businessman said the Deep Sea Concrete Lekki-Epe Road, which was unveiled by the president was one of the eight projects totaling about 500 kilometres spread through the country.

He added that the Industrial Complex was one of several key initiatives by the Dangote Group in support of the federal government’s Renewed Hope Agenda, which was focused on transforming Nigeria into a manufacturing hub of Africa.

The businessman emphasised that the Dangote Petroleum Refinery Complex was in many ways the president’s brainchild.

He added the Lekki Free Trade Zone was established during Tinubu’s tenure as governor of Lagos State, saying, “Today, you are witnessing the tangible fruits of that vision. What you have seen today is just nothing. We are just starting.”

With the president’s courageous and visionary leadership, Dangote

said Nigeria has made steady progress across various sectors of the economy and society, in pursuit of the high expectations of the citizens, aligned with the guiding principles of Tinubu’s Renewed Hope Agenda.

According to Dangote, one of Tinubu’s administration’s most transformative initiatives was the historic Naira-for-crude policy, which he said “stands out as a clear testament to your administration’s commitment to economic recovery and national sovereignty.”

This bold policy, he noted, has enabled him and his team at Dangote Petroleum Refinery to reduce product prices consistently and guarantee availability for the overall benefit of Nigerians.

He said: “It has helped significantly in stabilising the prices of petrol, diesel, Jet A-1, LPG and polypropylene to their lowest level ever. The effect of this development is the stabilisation of our currency – a critical element in the development of economic policy and budgeting by businesses.

“Also commendable is the ‘Nigeria First Policy’ recently introduced by your administration, which aims to drastically reduce the reliance on foreign goods and services, prioritizing local patronage in investment decisions, business operations and consumption habits.

“This aligns with our Group’s corporate vision of producing what we consume, to promote self-sufficiency in meeting the basic needs of our people.”

He told the president that importation meant import of poverty and export of jobs, noting that, “This further strengthens your Nigeria-First vision. Without this, your vision for a trillion-dollar economy for Nigeria will not be achievable. We are ready to partner the federal government in this regard and in other areas of our national needs.”

Dubbing Tinubu as the Asiwaju of Nigeria and Africa, Dangote said the Nigerian leader has led from the front, delivering the dividends of democracy to the people.

From the president’s inaugural address in May 2023, where he made the courageous policy pronouncement to remove the costly fuel subsidy, Dangote said Tinubu has directed a team of technocrats and reform-minded experts with clarity and purpose to execute these reforms.

He specifically commended the Minister of Finance and Coordinating Minister of the Economy, Wale Edun

and the Chairman of Federal Inland Revenue Service (FIRS), Zacch Adedeji, whom he described as the Lion for helping the president in his reform initiatives.

Dangote said: “Your leadership has been both decisive and reassuring, and your actions have reignited hope for a prosperous Nigeria for today and the future. From the very start of your administration, Your Excellency has worked tirelessly to foster an enabling environment for private sector-led growth.

“This vision has given rise to farreaching reforms, including the removal of fuel subsidies and the deregulation of the downstream petroleum sector; the drive to increase crude oil production; the unification of the naira exchange rate; the presidential Compressed Natural Gas (CNG) initiative and the ongoing comprehensive overhaul of the tax regime.

“Through the enabling and creative policies of Your Excellency’s administration, the Dangote Group will be expending about N900 billion on eight road infrastructure projects. The Deep-Sea Concrete Lekki-Epe Road which you are commissioning today is one of them, all 8 projects totaling about 500km are spread-out through the country.

“This Industrial Complex is one of several key initiatives by the Dangote Group in support of the federal government’s Renewed Hope Agenda, which is focused on transforming Nigeria into a manufacturing hub of Africa.”

He said the objective of his group was to produce domestically, goods that have historically been imported, despite the country’s abundant natural resources.

He said now, the company has reversed the tide, noting that the group’s consistent investment in cement manufacturing made Nigeria self-sufficient in that sector, ending cement importation and turning the country into a net exporter.

He announced that by next year, most of the cement consumed in West Africa will be produced in Nigeria.

Dangote said the group achieved the same feat in fertiliser production as Nigeria is now self-sufficient and exports the surplus, thereby generating valuable foreign exchange.

“We have also commenced exportation of refined petroleum products to several countries, including the United States, Brazil, Mexico, and Saudi Arabia, among others.

“The refinery offers tremendous benefits to our economy and our people. First, beyond ensuring a steady supply of high-quality fuels for the transportation sector; it also provides three critical raw materials to a range of industries - including plastics, pharmaceuticals, food and beverages, packaging, construction, and many others.

“Second, while the refinery and its ancillary operations will generate significant employment opportunities, the broader downstream value chain will absorb even more labour, providing jobs for hundreds of thousands of Nigerians,” Dangote said.

As Nigeria stood at the threshold of a new industrial era, the richest black man said the Dangote Petroleum Refinery and Petrochemicals Complex symbolised not only the fulfilment of a bold vision, but also the immense potential of what could be achieved when private enterprise and purposeful government leadership work in tandem.

“We remain steadfast in our commitment to contributing meaningfully to Nigeria’s economic transformation, supporting your administration’s efforts to build a self-reliant, globally competitive nation. We have remained Nigeria’s highest tax-paying company, having paid over N402 billion in different taxes in 2024.

“With continued collaboration and shared resolve, we are confident that the journey ahead will usher in even greater opportunities for our people and our country under your courageous and visionary leadership,” Dangote added.

On his part, the Deputy Speaker of theHouse of Representatives, Benjamin Kalu, underscored the role of infrastructure in boosting national economic progress and fostering unity.

Addressing the audience at the commissioning ceremony, Kalu stressed how such developments were instrumental in linking the nation and stimulating growth.

According to a statement by his Chief press Secretary, Levinus Nwabughiogu, Kalu said the Lekki Deep Sea Port was expected to yield over $201 billion in revenues and provide upwards of 169,000 job opportunities.

He emphasised that the road was just one among numerous infrastructure ventures initiated by the Tinubu administration, which included a range of strategically important developments nationwide.

on the Epstein files, reason he hasn’t released them.

“Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,” Musk wrote.

“Such ingratitude,” he added.

The exchange broke open a feud that had been simmering for weeks out of public view. In private, Musk had relayed concerns over the bill to the president, while expressing disagreement with several other policies, including the establishment of an artificial intelligence campus in the Middle East and Trump’s announcement of global tariffs, the LA Times reported.

In the Oval Office, Trump said he

believed that Musk had turned on him after he rejected Musk’s recommendation for the head of NASA, a position that could benefit SpaceX, Musk’s spaceship company. He also said that Musk opposed provisions of Trump’s megabill that would phase out tax credits for electric vehicles.

“Elon knew the inner workings of this bill better than almost anybody sitting here. Better than you people.

He knew everything about it — he had no problem with it. All of a sudden he had a problem, and he only developed the problem when he found out that we’re going to have to cut the EV mandate, because that’s billions and billions of dollars,” Trump said.

Nigerian Medical Professionals Face Visa Denial Roadblock in US, Group Sounds Alarm Mary Nnah A group of Nigerian medical professionals has raised concern over the denial of visas to over 32 Nigerian medical graduates seeking to further their training and research in the United States.

The Nigerian Physicians Advocacy Group (NPAG) lamented that the decision affected not only the individuals involved but also undermined America’s efforts to address rural healthcare shortages, and damages US global health diplomacy.

According to Dr. Susan Edionwe, the group’s leader, in a press release made available to THISDAY on Thursday, the graduates were future global health leaders, and training them in the US built long-term partnerships with Nigerian health institutions and civil society.

“Denying visas to highly qualified Nigerian medical graduates undermine America’s efforts to address rural healthcare shortages, damage U.S. global health diplomacy, and harm America’s reputation as a hub for educational and professional excellence,” Edionwe said.

The group stated that the applicants had excellent financial standing, with 92 per cent of them receiving full-ride scholarships that covered tuition, living expenses, and insurance.

“Eight per cent had documented private funding exceeding DHS requirements, and all of them have no history of visa violations, security concerns, or financial irregularities.

All of them signed affidavits committing to return to Nigeria post-training,” Edionwe added.

To this end, NPAG announced plans to host a two-day Advocacy and Lobby Day, June 10-11, 2025, on the US Capitol Hill to highlight the vital role Nigerian-American physicians play in filling healthcare shortages.

The group also aims to call on Congress to remove systemic barriers to their continued service by reforming the J-1 visa programme and passing the Conrad State 30 and Physician Access Reauthorisation Act (H.R. 1201), also known as the “Doctors in Our Borders” bill.

“Fixing the J-1 process and passing H.R. 1201 is essential to ensuring our communities have access to the care they desperately need,” the group noted.

Edionwe said, “NPAG believes that Nigerian American physicians have played an important role in filling healthcare shortages in the United States and that the advancement of the country’s healthcare system is dependent on the removal of systemic barriers to their continued service.

“Denying these visas prevents skilled physicians from filling vacancies in critically underserved areas.”

“Given their full financial sponsorship, vetted credentials, and the urgent need for doctors in underserved communities, the Bureau of Consular Affairs should issue updated guidance to ensure future applicants are assessed with the full context of U.S. strategic health and diplomatic priorities in mind.”

NPAG urged the Bureau of Consular Affairs to consider the far-reaching consequences of the current J-1 visa denial patterns.

33

THISDAY • FRIDAY, JUNE 6, 2025

NEWS

ACCESS BANK PARTNERS GATES FOUNDATION...

L-R: Manager, Microsave Consulting, Brenda Oyugi; Senior Retail Advisor, Access Bank Plc. Robert Giles; Senior Program Officer, Gates Foundation, Victoria Griffith; Group Head, Agency Banking and Financial Inclusion, Access Bank Plc, Chizoba Iheme; Senior Manager, Microsave Consulting, Shweta Menon; Associate Partner, Microsave Consulting, Akshat Pathak, during a strategic session to launch the project - Scaling Female Agents in Nigeria (SFAN) at the Access Bank head office in Lagos, recently.

Reno Omokri: Ajaero Wrong on Assessment of Tinubu’s Midterm Performance

Author and staunch supporter of the Bola Tinubu government, Reno Omokri, yesterday responded to the President of the Nigeria Labour Congress (NLC), Joe Ajaero, on his midterm assessment of the administration.

In a statement, Omokri argued that Ajaero did not get his facts right when he said Nigerians had experienced no gains under the Tinubu administration.

Earlier in the day, Ajaero had maintained that under Tinubu’s administration, Nigerian workers and the masses had experienced no gains, only pain and misery. In an appraisal of the administration’s first two years, he stated that there had been nothing to celebrate since the government came into power.

But Omokri argued that Nigeria’s national debt had reduced from $108.2 billion on May 29, 2023, to $94.2 billion today, maintaining that in Nigeria’s history, only two civilian governments had been able to reduce the nation’s indebtedness: the Olusegun Obasanjo administration and now the Tinubu government.

He stated that due to the removal of fuel subsidies, each state now gets more than double the federal allocation it received under Muhammadu Buhari, noting that as a result, Nigerian states’ indebtedness has reduced, with 33 out of 36 states and the FCT collectively repaying about N1.85 trillion in domestic debt between June 2023 and December 2024.

“Due to the floating of the naira,

our foreign reserve hit a year-to-date high of $40.877 billion. That is up from the $3.7 billion inherited from General Buhari. ASUU has not even dreamt of striking under Tinubu. This is the first time since President Shehu Shagari’s era that Nigeria has had two years without an ASUU strike.

“Six hundred thousand students are benefiting from the Tinubu administration’s student loan initiative. These are young Nigerians who may not have had a university education but for Tinubu. On July 29, 2024, President Tinubu signed the New Minimum Wage Bill into law and now Nigerian workers earn a N70,000 minimum wage, more than double the previous minimum wage.

“Nigeria achieved a record-breaking trade surplus of $14.31 billion in 2024 because, under Tinubu, unlike in the past, we now export more than we import due to the Naira flotation, making made-in-Nigeria more affordable than imports,” he added.

According to him, the Tinubu administration is building the largest infrastructure projects in Nigeria’s history, including the Lagos Calabar Coastal Highway, starting from Calabar and Lagos simultaneously.

This, he said, will reduce travel times between the South-west and South-south by 25-30 per cent and increase Gross Domestic Product (GDP) by 6-8 per cent. Also, he highlighted the Ilela-Sokoto-Badagry Expressway, which he said is ongoing, and the Enugu-Onitsha Expressway, which is being reconstructed.

Omokri stated that the Nigerian

Stock Exchange achieved its highest record of crossing the 100,000 All Share Index in January of 2024, thus briefly overtaking Argentina as the world’s most profitable market.

Besides, Omokri stressed that it later hit another all-time high of 109850.83 ASI in February of 2025, with African markets naming the stock market the third most profitable in Africa for 2024.

“This is a remarkable feat, considering that this same market

was in the doldrums in the previous administration. Only Rivers, Niger, and Enugu states increased their debt profile. On Friday, March 4, 2025, at exactly 21:15, Nigeria broke its power generation record with a peak generation of 5,801.84MW and maximum daily energy output of 128,370.75 megawatt-hours (MWh). It is the highest ever attained in Nigeria’s electricity industry history.

“When Was the Last Time You Heard of Passport Scarcity? You

haven’t heard about that malaise because the Tinubu government ended passport scarcity and has since reduced the waiting time for passport application, renewal, and collection to less than two weeks through the new online passport portal.

“Nigeria notched a 3.84 per cent fourth-quarter GDP growth in 2024, our highest in three years. For the full year, we secured a 3.4 per cent GDP growth rate, up from the 2.7

per cent growth rate inherited from the Buhari administration in 2023,” he added.

On Friday, April 11, 2025, he said that Fitch Ratings upgraded Nigeria’s economy to a Stable B, explaining that on Friday, May 30, 2025, Moody’s, the world’s second-largest rating agency after Fitch, upgraded Nigeria’s economy to B3 from Caa1, citing significant improvements in our economy, arising from Tinubu’s reforms.

Gwandu Emirship Tussle: Buhari Congratulates Bashar over Supreme Court Victory As Jokolo accepts verdict as Allah’s will

Alex Enumah in Abuja

Former President Muhammadu Buhari has congratulated the Emir of Gwandu, Major-General Muhammad Iliyasu Bashir (Rtd), over his legal victory at the Supreme Court.

Buhari applauded his friend, Iliyasu, who was also a course mate in the military, for a well-deserved victory, according to Buhari’s media aide, Mr. Garba Shehu.

Bashar and the deposed Emir, Major Al-Mustapha Haruna Jokolo, (Rtd), had been locked in a legal battle in the last 23 years over the lawful occupant of the throne.

Gov Yahaya Takes Spotlight with Bill Gates, Dangote at Goalkeepers Africa Summit in Lagos

The matter was put to rest on Wednesday by a split decision of three-to-two by a five-member panel of justices of the apex court.

Reacting, the media aide said in a telephone call from London that Buhari expressed his felicitations to the Emir, and urged him to do more to build on the successes and achievements he had attained, even as he faced a challenging distraction from the prolonged litigation.

Shehu quoted Buhari as saying, “You have always worked for the betterment of your people and the nation, even under those circumstances.

I hope you will continue to promote peace, happiness, and prosperity of the people in Gwandu Emirate and beyond.

“I thank Allah for this victory and pray for your long life and good health.”

The Supreme Court had in a split decision of three to two dismissed the case of Jokolo on the grounds that he did not initiate the suit via due process of law.

In the majority judgement, the apex court held that the deposed Emir failed to serve a pre-action notice on the governor of Kebbi State, a crucial step in initiating the suit.

According to the majority judgement, the procedural lapse robbed the trial court of its jurisdiction to entertain the suit in the first place, and consequently rendered the entire proceedings and judgement of both the trial court and Court of Appeal null and void.

The apex court subsequently set aside the concurrent judgements of the two lower courts in favour of Jokolo.

Jokolo accepted the judgement of the Supreme Court as the will of Almighty Allah.

In a statement, the former Emir expressed deep spiritual acceptance of the court’s final ruling.

“Almighty Allah’s Will has prevailed, and we are in total submission to His Divine Will,” Jokolo said.

He added that although the judgement did not favour him, he believed it reflected a higher purpose known only to God. The deposed emir praised the efforts of his legal team, particularly Barrister Sylvester Imhanobe, whom he credited for representing him across numerous courts, including state, federal, and appellate courts, without losing a single case until the final Supreme Court ruling.

He commended Imhanobe’s unwavering dedication, integrity, and personal sacrifices, despite not holding the title of Senior Advocate of Nigeria (SAN).

Gombe governor draws accolades for inspiring healthcare gains Edo Girl Rescued from Burkina

Segun Awofadeji in Gombe

Governor Muhammadu Inuwa Yahaya of Gombe State yesterday drew praise and attention during the Gates Foundation’s “Goalkeepers: Africa in Motion” event in Lagos, where he shared his bold reforms in health, education and other critical sectors.

This was as Bill Gates singled out Gombe State as a model and exemplar of impactful governance, especially in the delivery of primary healthcare.

Themed “The Future of Progress: Africa in Motion,” the event brought together influential leaders, philanthropists, innovators

and changemakers to spotlight African-led innovations and community-driven solutions in shaping the continent’s development trajectory.

Specially invited owing to his superlative performance, Governor Inuwa Yahaya featured, alongside Bill Gates, in a panel discussion moderated by Folly Thibault of Al Jazeera, where they discussed the power of sustainable partnerships and strategic funding to accelerate progress, particularly in the health sector.

The governor responded to several questions about his administration’s consistent investments in health sector despite fiscal

constraints and national economic uncertainty.

He stated: “People think cuts save money. But what really saves money, and lives, is spending with vision, discipline and a service mindset.

Recounting his early days in office, he narrated his sobering visit to the Gombe State Specialist Hospital.

“The hospital was barely functioning. At times, there was no electricity; doctors were examining patients with flashlights, and people avoided care because they had no trust in the system,” he said.

Governor Inuwa Yahaya said his administration prioritized reform over austerity.

Faso After Trafficking Ordeal Adibe Emenyonu in Benin City

It was a heartwarming and emotional reunion after a 20-year old girl from Edo State, Iwinosa Okunrobo, reunited with her family after being trafficked to Burkina Faso following the intervention of Governor Monday Okpeholo Okunrobo was lured with a promise of greener pasture and trafficked to Burkina Faso when she was 15 years old.

However, the Edo State Governor, Senator Monday Okpebholo, in collaboration with the office of the

First Lady and Edo State Migration Agency moved to ensure her safe return after a viral tick tok of the victim surfaced where she pleaded to be rescued.

Okunrobo was forced into prostitution and sold into slavery for about five years before her eventual return back to her family.

At the reunion ceremony which took place at the Festival Hall, Government House, Benin City, Governor Okpeholo restated his government’s determination to ensure the strict enforcement of the law against human trafficking

are enforced.

Represented by the Attorney General and Commissioner for Justice, Dr. Samson Osagie, Okpebholo said the event is yet another remarkable achievement of his administration towards paying attention to the welfare and security of Edo citizens wherever they are across the globe.

He said the incident is another reminder that over the years a vast majority of young people have fallen victims of the consequences of irregular migration and human trafficking perpetuated by persons who have no conscience.

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NEWS

OPENING CEREMONY OF THE STAKEHOLDERS MEETING...

L–R: Chairman, House Committee on Judiciary, Petitions, Human Rights and LASIEC, Hon. Oladipo Ajomale; Ayangburen of Ikorodu, HRM Oba Kabir Adewale Shotobi; Lagos State Attorney General and Commissioner for Justice, Mr. Lawal Pedro (SAN); Commissioner for Local Government, Chieftaincy Affairs and Rural Development, Mr. Bolaji Kayode Robert; Representative of Oba of Lagos, Opeluwa of Lagos, Chief Lateef Aderibigbe Àjọṣe; and Chairman, Lagos State Chapter, ALGON, Mr. Alabi Kolade David, at the opening ceremony of the stakeholders meeting on the review of Obas and Chiefs Law held in Alausa, Lagos… recently

In Sallah Message, President Tells Nigerians Not to Lose Hope, Says Toughest Days Over Confident everyone will start feeling benefits of govt’s economic reforms as they gain traction Urges prayer for Nigeria, its leaders, security personnel, victims of recent flood disaster in Mokwa Other leaders congratulate Muslims at Eid-el-Kabir, urge sacrifice, compassion, prayers Our Correspondents President Bola Ahmed Tinubu has urged Nigerians not to despair, despite the current economic hardship, stating that toughest days are over.

In a message yesterday to celebrate the Muslim Eid-el-Kabir festival, Tinubu assured Nigerians that they would soon begin to feel the benefits of government’s economic reforms, as they gained traction.

He stated, “We may not yet be where we aspire to be, but I urge all Nigerians not to lose hope. Let us hold on to our faith and persevere.

“Our reforms are gaining traction, with key economic indicators now moving in a positive direction. Soon, all will feel the benefits.”

Reiterating that the toughest days were over for the citizenry, with a new era of renewed hope and prosperity now taking shape, he said, “Though the journey has not been easy, and some doubted our direction, the resilience of public and private sector leaders, along with the steadfast support of most Nigerians, is yielding results.

“I assure you that the toughest days are behind us. We are entering a new era of renewed hope and prosperity that we promised two years ago.”

The president did not fail to canvass prayers for Nigeria and its leaders at all levels. He also called for prayers for victims of the recent flood disaster in Mokwa, Niger State, and frontline soldiers, who risked their lives for the defence of the country.

He stated, “I recall recent sad developments in our country, particularly the Wednesday, May 28 heavy flooding, which submerged the market town of Mokwa, Niger State, causing deaths and destruction of properties and creating an untold humanitarian crisis.

“Let us pray for the repose of the souls of those who lost their lives and fortitude for their relations. Let us join hands with the government to bring succour to the people of Mokwa.

“As we observe this Eid, let us continue our prayers for our front-line officers, who risk their lives for our safety and security.

“Let us pray for our leaders at all levels and our country. Let us pray for peace in our tumultuous world of troubles and uncertainties. Let us dedicate this sacred celebration to seeking God’s guidance and blessings for our country.”

According to Tinubu, “Eid-el-Kabir

represents the high point of the sacred first 10 days of Dhul Hijjah, a period filled with opportunities for acts of worship and good deeds. It is a time for gratitude to Almighty Allah for His countless mercies upon us as individuals and a nation.

“While this festival is marked with joy and celebration, its true significance lies much deeper: Eid calls us to reflect on its core values of sacrifice, devotion, and selflessness.

“To truly honour Eid, we must embody these virtues, just as Prophet Ibrahim (AS) exemplified complete submission to Allah’s will and as our Prophet Muhammad (PBUH) has taught us. Let this sacred occasion renew our commitment to these ideals.

“Eid-el-Kabir also reminds us of our responsibilities beyond faith: to show resilience, tolerance, compassion, and dedication to the progress of our beloved country.

“I reaffirm my commitment to these values and express my deep appreciation for the faith, patience, and perseverance Nigerians show as we implement bold reforms.

“Together, we have weathered challenging times and are approaching a brighter horizon.”

The president also told the nation, “The ultimate objective of these reforms is not just to improve statistics but to transform lives and set Nigeria firmly on the path to sustainable development.

“There are no quick fixes, but we are committed to repairing the foundations of our economy once and for all. Our administration will continue acting in the nation’s best interest, ensuring that the gains we are recording translate into improving people’s lives.

“We crafted our Renewed Hope Agenda to bring prosperity to every Nigerian, and we remain steadfast in our pursuit of it. As we celebrate today, remember that Eid-el-Kabir enjoins love, compassion, and generosity for all, regardless of faith or background.

Let us care for one another’s well-being during this season and always.

“Let us pray for peace in our tumultuous world of troubles and uncertainties. Let us dedicate this sacred celebration to seeking God’s guidance and blessings for our country.

“May those who have more remember those in need, sharing kindness and support as true brothers and sisters. Let the virtues of perseverance, sacrifice, loyalty, faith, and shared humanity bind us closer.

“May the joy and blessings of

Eid-ul-Adha multiply in our lives and the life of our great nation. May Almighty Allah accept our worship and devotion as acts of Ibadah, and may His blessings be with us always.”

Leaders Congratulate Muslims at Eid-El-Kabir, Urge Sacrifice, Compassion, Prayers

Nigerian leaders, individuals and groups from different walks of life, yesterday, congratulated Muslims on the occasion of Eid-el-Kabir, being marked today.

The leaders urged sacrifice and compassion at Sallah, and called for prayers for the country.

Atiku Abubakar

Former Vice President Atiku Abubakar extended his congratulations to Nigerian Muslims on the occasion of Eid-al-Adha, emphasising the importance of embodying the festival’s core values of sacrifice and devotion to God. In a press statement by his media office yesterday, Atiku encouraged Muslims to seek God’s mercies through prayers for the country during this sacred period.

He stated, “The essence of Eidal-Adha, rooted in the traditions of Prophet Ibrahim and upheld by Prophet Muhammad, calls us to reflect kindness and peace in our lives.”

The Waziri Adamawa urged Muslims to extend charity to the less privileged, stating, “Kindness and generosity are integral to our faith-values we must uphold not only during this celebration but at all times.”

He also called on leaders at all levels to embrace compassion and sacrifice, as exemplified by the festival.

Godswill Akpabio

President of the Senate, Godswill Akpabio, prayed that the sacred festival might usher peace, love, and unity to the country.

In a statement through his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh, Akpabio said, “The spirit of Eid-el-Kabir reminds us of the importance of sacrifice, compassion, and kindness.

“As we commemorate the willingness of Prophet Ibrahim to sacrifice his son, we are reminded of the values of obedience, faith, and selflessness.

I urge all Nigerians to embody these

virtues, fostering a culture of peace, understanding, and cooperation.

“We also recognise the challenges our nation faces and the efforts of President Bola Tinubu’s administration to address them. His economic and fiscal reforms, though difficult, are yielding results and paving the way for a brighter future.

“I encourage all Nigerians to remain patient, resilient, and committed to our collective progress. Let us use this occasion to promote interfaith harmony, national unity, and development. May Allah bless our nation and grant us peace and prosperity.”

Babajide Sanwo-Olu

Lagos State Governor, Mr Babajide Sanwo-Olu, in an Eid-el-Kabir message by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, urged Lagos residents and Nigerians, at large, particularly the Muslim faithful, to continue on the path of spirituality and peaceful co-existence.

Sanwo-Olu advised Muslims to imbibe the lessons of the sacrifice made by Prophet Ibrahim and work for the unity, peace and progress of Lagos State and Nigeria.

He stated, “Eid-al-Adha is a symbolic event in the history of mankind, particularly for Muslims, given the bountiful rewards that followed the patience and perseverance of Prophet Ibrahim, who held on tenaciously to his faith in God despite being afflicted.

“This symbolic Islamic celebration is a reminder to us that there will always be great rewards when we have abiding faith and patience in trying periods; persistence in prayers and tenacity in our beliefs.

“I want to appeal to all Lagosians to draw lessons from the Prophet Ibrahim’s examples by eschewing tendencies that could disturb the growth, development, progress, peace, unity and stability in our dear Lagos State and Nigeria.”

Dapo Abiodun

Ogun State Governor Dapo Abiodun, in a statement by his Special Adviser on Information and Strategy, Kayode Akinmade, emphasised the importance of the festival, which commemorates the willingness of Prophet Ibrahim to sacrifice his son in obedience to God’s command.

Abiodun encouraged the Muslim faithful to embrace the teachings of Islam during this period, which underscores the significance of selflessness

and compassion towards others.

“As we gather with family and friends, let us remember those in need and extend our hands to help them. The true essence of Eid lies in our ability to share our blessings with others,” he said.

The governor also highlighted the role of unity and harmony among all religious adherents in the state, stating that Eid-el-Adha serves as a reminder of the importance of coming together to foster peace and understanding among all citizens.

Bala Mohammed

the very values of faith in God, selflessness, empathy, and a deep sense of shared responsibility towards one another that must continually define our common humanity.

“Therefore, as we mark this solemn celebration, I urge us to reflect on its core lessons and extend love, support, and compassion to those around us, especially the less privileged.”

The governor appreciated “the contributions of the Muslim Ummah in Enugu State to the progress and diversity that continue to define our dear state”.

He said, “As a government, we will continue to promote and invest in policies and initiatives that foster inclusiveness, religious harmony, and equal opportunity for all.”

Bauchi State Governor, Senator Bala Mohammed, called on residents of the state to use the occasion of Eid -el -Kabir to strengthen the bonds of peaceful coexistence, mutual respect, and unity, regardless of religious, ethnic, or political differences.

Mohammed emphasised, “Bauchi is our shared home, and the progress and stability of our dear state depend on our collective commitment to peace and brotherhood.”

In his Sallah message by his Special Adviser, Media and Publicity, Comrade Mukhtar Gidado, Mohammed reassured the people of his administration’s unwavering dedication to delivering good governance, improving the welfare of citizens, and fostering a secure and prosperous Bauchi State for all.

“As we celebrate, let us remember to be our brothers’ keepers. Let us extend hands of kindness to the less privileged, promote understanding among ourselves, and work together to build a society grounded in justice, equity, and harmony,” he said.

Secretary to the Government of the Federation (SGF), Senator George Akume, appealed to Nigerians, particularly the Muslim Ummah, to reflect and commit to renewed national development.

In a statement, Akume felicitated with all Muslim Ummah, on the Eid celebration.

He stated that the occasion marked a significant milestone in Nigeria’s democratic journey as it coincided with the second anniversary of the Tinubu administration.

The SGF urged Nigerians to reflect on the life of Prophet Ibrahim, which symbolised faith, sacrifice, obedience and total reliance on the will of Allah.

He stressed the need to use the celebration to reflect deeply on the values of peace, unity, compassion, and patriotism.

Peter Mbah

CDS, PSC, Police

Enugu State Governor, Dr. Peter Mbah, enjoined Muslim faithful and Nigerians to uphold the virtues of faith, obedience, selflessness, and empathy, which he described as the essences of Eid-el-Kabir.

Mbah stressed the need for every Nigerian to be their brother’s keeper, assuring that his administration would continue to build a state that avails equal opportunity to all.

Mbah, who made the call in his Eid-el-Kabir goodwill, said, “I extend warm felicitations to our Muslim brothers and sisters in Enugu State and across Nigeria on the joyous occasion of Eid-el-Kabir.

“This sacred festival commemorates

George Akume

Chief of Defence Staff (CDS), General Christopher Musa; Chairman of the Police Service Commission (PSC), Deputy Inspector-General of Police (DIG) Hashimu Argungu (Rtd); and Inspector General of Police (IGP), Kayode Egbetokun, felicitated the Muslim Ummah on the occasion of Eid-el-Kabir.

Musa, in a statement by Acting Director of Defence Information, Brigadier General Tukur Gusau, said the essence of Eid-el-Kabir was wholesome sacrifice.

Expressing deep appreciation on behalf of the entire Armed Forces of Continued on page 35

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THISDAY • FRIDAY, JUNE 6, 2025

NEWS

RENTAL PROFESSIONALS SOCIETY OF NIGERIA 2ND ANNUAL CONFERENCE...

L–R: Chief Executive Officer, Renish Events, Mrs. Olayinka Thomas; Keynote Speaker and MD, Tent Events, Mr. Soleye Hughes; CEO, Jason David Event Rentals, Mrs. Taiwo Oderinlo; and CEO, 90 Degrees PHOTO: SUNDAY ADIGUN Rentals, Mrs. Obi Uchendu, during the Rental Professionals Society of Nigeria (RPSN) 2nd Annual Conference held at White Stone Events Centre, Oregun, Lagos… recently

President to Police: Protect Rights of Every Citizen, Reject All Misconducts, Corruption Linus Aleke in Abuja President Bola Ahmed Tinubu has tasked the Nigerian Police to uphold the rule of law, protect the rights of every citizen, and reject all forms of misconduct and corruption, stressing that only then could the country build a police force that is truly respected and trusted by the people they serve.

He also said his administration

remained steadfast in its commitment to the transformation of the Nigeria Police Force.

Tinubu, who spoke at the Second Edition of the Nigeria Police Awards and Commendation Ceremony in Abuja, also stated that his administration understood that modern policing demands modern tools, continuous training, intelligenceled strategies, and community partnership.

Represented by the President of the Senate, Godswill Akpabio, the president assured the force that his administration would continue to invest in the provision of cutting-edge equipment, technological support, capacity-building programmes, and welfare schemes aimed at enhancing operational efficiency and boosting morale across the ranks.

Charging every police officer,

regardless of rank or posting, to uphold the sacred trust bestowed upon them by the Nigerian people, the president reminded them that the power they wielded was not for intimidation but for protection.

“It is not for abuse but for service.

You must be guided by the highest standards of accountability and professionalism,” he said.

The Nigeria Police Force, he said, remained a vital pillar in

the national security architecture.

“From the cities to the hinterlands, from preventing crime to responding in times of crisis, police officers play a central role in enforcing law and order, upholding justice, and fostering trust between the state and citizens,” he said.

In his goodwill message, the Governor of Imo State, Hope Uzodimma, thanked the police for restoring peace to his state.

He, however, appealed for more government funding for the police to enable them to live up to their constitutional responsibility of maintaining law and order across the federation.

The Chief of Defence Staff, General Christopher Musa, applauded the Nigeria Police for institutionalising a reward system aimed at bringing out the best in officers.

In Sallah Message, President Tells Nigerians Not to Lose Hope, Says Toughest Days Over Nigeria, the CDS said, “As we navigate through the many complexities and opportunities of our time, I wish to take this moment of Eid-el-Kabir to acknowledge your unwavering service, resilience, and sacrifice in the defence of our beloved nation.”

To the troops on the frontlines safeguarding communities, the CDS said, “Your courage and commitment continue to inspire hope and confidence in the hearts of all Nigerians. You are an embodiment of patriotism, and your sacrifice will never go unrecognised.

“Our armed forces stand as a symbol of unity, professionalism, and discipline.

We remain committed to upholding our constitutional responsibilities, protecting the sovereignty and territorial integrity of Nigeria, and supporting civil authorities in maintaining peace and order across the country.”

Musa urged every citizen to continue to work with the security forces by providing timely and credible information, promoting unity, and rejecting all forms of extremism, misinformation, and disunity.

Argungu, in a statement by Head of Press and Public Relations of the commission, Ikechukwu Ani, called for renewed commitment to unity, tolerance, and pursuit of the common good.

Argungu said the sacred celebration “reminds us of the virtues of faith, obedience, sacrifice, and compassion, which are fundamental to building a peaceful and just society”.

He added, “As we commemorate this festival, let us renew our commitment to unity, tolerance, and the pursuit of the common good.”

Egbetokun, on his part, acknowledged the spiritual significance of the period, and urged all Nigerians to sustain the good virtues of tolerance, compassion, and emulate the righteous ways of past prophets as encouraged in Islam, to bolster the promotion of peaceful coexistence and national unity.

A statement by the Force Spokesperson, Olumuyiwa Adejobi, an Assistant Commissioner of Police, said the IGP also directed heightened security deployments across the country to ensure a peaceful celebration.

Adejobi stated, “Commissioners of

Police (CPs), Tactical Commanders, and their supervisory Assistant Inspectors-General of Police (AIGs) have been instructed to strengthen security at Eid prayer grounds, recreational centres, and other public spaces. Additionally, officers have been tasked with conducting intelligence-led patrols, surveillance operations, and strategic stop-and-search duties to forestall any security threats during the festive period.”

The IGP urged Nigerians to remain law-abiding and celebrate in an atmosphere of peace and brotherhood, as the month of Dhul-Hijjah is one for reflection, showing gratitude to the Almighty, and attaining abundant rewards in the spirit of celebration and sharing with the needy in society.

Jibril Barau and Solomon Adeola

Deputy President of the Senate, Jibrin Barau, and Chairman, Senate Committee on Appropriation, Senator Solomon Adeola, emphasised the importance of unity among the citizens.

Their messages were contained in two separate statements by their special advisers on media, Messrs Ismail Mudashir and Kayode Odunaro yesterday.

Barau urged Muslims and, indeed, all Nigerians to use the occasion to pray for peace, unity and the country’s progress, calling on citizens to continue to pray for the well-being of the country and to offer their full support to Tinubu.

He added that the president was genuinely working for peace and socio-economic prosperity of the country.

Adeola, senator for Ogun West Senatorial District, enjoined all Muslim faithful to pray for peace and the consolidation of the gains of the Renewed Hope Agenda of the Tinubu administration.

He said strict adherence to the teachings of Islam in the areas of sacrifice, love, brotherliness, piousness and peaceful coexistence would assist Nigeria in consolidating the observable gains of the Renewed Hope Agenda.

Nyesom Wike

Minister of the Federal Capital Territory (FCT), Nyesom Wike, called on Muslim residents ofthe FCT to see the celebration of Eid Kabir as not only a spiritual milestone but also a time to renew their collective commitment to peace, tolerance, and mutual respect.

Wike made the appeal yesterday in an Eid-El-Kabir greeting to Abuja residents.

He reminded the residents of the profound values embodied in Eidel-Kabir—sacrifice, obedience, and unwavering faith, as exemplified

by Prophet Ibrahim (AS).

He said the occasion was a time to reflect on the deeper meaning of submission to the will of Allah, and to recommit to compassion, generosity, and unity.

The minister commended the Muslim community in the FCT for their enduring contributions to the growth and peaceful coexistence within the territory, stating that their values and sense of community are integral to the shared progress of the FCT.

Ajibola Basiru

A governorship aspirant in Osun State and National Secretary of All Progressives Congress (APC), Dr Ajibola Basiru, in a release by the spokesperson of campaign group, Professor Sulaiman Ajala, felicitated with Muslims for witnessing another Eid. The release said, “We thank the Almighty Allaah for another grace of life to be part of this year’s celebrations.

It’s a privilege not by our doing or strength or power.

“I want to appreciate the people of Osun State for sustaining the confidence in APC. I appreciate the sacrifice we have made so far under the clueless administration in the State.”

“I also thumb up for the support so far given to the federal government under Asiwaju Bola Tinubu, with the policies turning things around gradually for Nigerians.”

Lanre Issa-Onilu Director-General

of

National

Orientation Agency (NOA), Mallam Lanre Issa-Onilu, urged Nigerians to use the Eid-el-Adha celebration as an opportunity to promote national unity through tolerance and strengthen commitment to environmental responsibility amid growing ecological threats.

Issa-Onilu, in his goodwill message, linked the significance of the religious celebration to the broader civic values that the country must urgently embrace to sustain peace and development.

In a statement by the agency’s Deputy Director, Communications and Media, Mr. Paul Odenyi, the NOA boss stressed that the occasion should serve as a moment of sober reflection for Nigerians to renew their dedication to harmonious coexistence and sustainable living, particularly in light of the recurring climate-induced disasters facing communities across the country.

NLC

Nigeria Labour Congress (NLC) asked government at all levels to take all necessary steps to bring down the cost of living in the spirit of the season.

In its message by Acting President, Comrade Audu Amba, NLC said the period was a moment for sober reflection.

It stated, “We would like to use the opportunity to renew our call on the government at all levels to take all the steps necessary to bring down the cost of living.

“We also call on the government to bring to an end the spate of insecurity across the country in order to, among other things, create the necessary environment for celebration in all nooks and crannies of Nigeria.”

NLC counselled Nigerians not to give up hope on their country because of the present challenges, saying, “We urge them and, indeed, the generality of Nigerians, to imbibe the spirit of Eid-el-Kabir, which is faith, obedience and sacrifice for a better Nigeria.

“Although we note with concern the skyrocketing prices of rams and other food items, we, nonetheless, wish our own Muslim faithful a faith-renewing Eid filled with love, prosperity and peace.”

Siminalayi Fubara

Suspended Rivers State Governor, Siminalayi Fubara, called on Muslims to reflect on the values of sacrifice, obedience, and faith as they celebrated Eid-el-Kabir.

In a statement by his Chief Press Secretary, Nelson Chukwudi, yesterday, Fubara encouraged Muslims to use the occasion as an opportunity to pray for peace, unity, and prosperity.

The suspended governor stated the need for unity, especially at a time when Nigeria faced serious challenges from insecurity and economic difficulties.

He stressed that forgiveness, compassion, and unity were central to the teachings of the festival, and urged the Muslim faithful to act on these values in their daily lives.

Sokoto Police Command

Sokoto State Police Command unveiled a comprehensive security plan to ensure a peaceful and incident-free celebration.

According to the Commissioner of Police, CP Ahmed Musa, the command has deployed personnel strategically to prayer grounds, recreation centres, markets, and major highways.

“We have finalised comprehensive security arrangements to ensure a peaceful and incident-free Eid Kabir celebration across the state,” Musa said, in a statement.

The security plan included heightened visibility, intelligence gathering, traffic control, and collaborative vigilance with community leaders, religious bodies, and sister security agencies.

Musa urged the public to adhere to safety guidelines, including reporting suspicious activity immediately and avoiding overcrowded areas.

The commissioner also extended warm felicitations to the Muslim Ummah in Sokoto State, wishing them a blessed Eid Kabir.

IPCR

The Institute for Peace and Conflict Resolution (IPCR) called on Nigerians to promote peace and harmony in their

communities, recognising that peace is essential to national development and progress.

The advice was given by DirectorGeneral of the Institute for Peace and Conflict Resolution (IPCR), Dr. Joseph Ochogwu, in his message on Eid-el-Kabir.

The institute, while extending warm greetings to Nigerians, wished them a joyous and peaceful celebration, marked by love, compassion, and unity.

Ochogwu stated that Sallah was a significant occasion in the Islamic calendar, symbolising the values of sacrifice, gratitude, and community.

The director-general stated that the spirit of Sallah should guide Nigerians in their interactions with one another, fostering a culture of peace, tolerance, and understanding.

Origin Tech Group Boss Felicitates Muslims On Eid-El-Kabir...

...Enjoins Nigerians to pray for enduring peace, love, and unity in our collective pursuit of building a stronger, more prosperous Nigeria.

The Executive Chairman of Origin Tech Group, Prince S J Samuel, extends his warmest felicitations to all Muslim faithful across Nigeria, and around the world, as they celebrate the birth of Prophet Muhammad (Peace Be Upon Him).

In his official statement, Samuel expressed heartfelt congratulations on this momentous occasion, urging Muslims to uphold and embody the Prophet’s timeless virtues of peace, kindness, humility, and selflessness, especially in their daily interactions.

“As we commemorate this day, may the blessings of Eid-El-Maulud illuminate your homes and enrich your lives with love, peace and prosperity,” he remarked.

He further called on the Muslim Ummah to seize this spiritual moment to pray for enduring peace, love, and unity in our collective pursuit of building a stronger, more prosperous Nigeria.

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FRIDAY, JUNE 6, 2025 • THISDAY

NEWS

INAUGURATION OF THE BANK OF INDUSTRY’S OFFICE IN KOGI...

L–R: Regional Manager, North Central, Bank of Industry (BOI), Nasiru Ozovehe; Managing Director/CEO, BOI, Dr. Olasupo Olusi; Executive Governor of Kogi State, Ahmed Usman Ododo; and Chief of Staff to the Governor, Ali Bello, during the inauguration of the Bank of Industry’s office in Kogi State… recently

CDS: With Over 220m People, 900,000Sq Km Landmass, Nigeria Lacks Security Manpower

Says illegal mining is significant contributor to communal clashes NAF airstrikes kill several terrorist fighters, destroy two gun trucks Army refutes explosive scare on Enugu farmland Seriki Adinoyi in Jos and Linus Aleke in Abuja The Chief of Defence Staff, General Christopher Musa, has said with a population of over 220 million and a landmass exceeding 900,000 square kilometers, Nigeria lacked the security manpower to cover every area.

The CDS, who claimed that the Nigerian military had deployed forces to secure communities affected by insecurity, noted that coordinated deployment and collaboration with other security agencies such as the police, customs, and the like was critical.

The CDS also advocated stronger border control, including the fencing of Nigeria’s border to curb illegal entry and cross border crime, even as he urged political class to take the right decisions and give the proper direction which the armed forces were ready to carry out.

This was as the Nigerian Air Force (NAF) has said the air interdiction by the air component of Operation Hadin Kai, has killed several terrorist fighters and destroyed no fewer than four gun trucks at Buratai community in the early hours of Friday, 5 June 2025.

At the same time, the Nigerian Army has discredited a trending report, alleging a protest in Ochima and adjoining communities in Udi Local Government Area of Enugu State following the discovery of a live explosive device on a farmland.

The CDS spoke at the official launch of the Presidential Community Engagement Peace Initiative and North Central Peace Summit in Jos, organised

by the office of the Senior Special Assistant to the President on Community Engagement (North Central).

He said, “If people are happy and well protected, things will go better. But if they’re not, there will be a crisis. These are the things we need to understand and appreciate.”

The Defence Chief assured that the military was working closely with traditional rulers, who were deeply connected with their communities and were often the first to understand and respond to local issues.

“The North Central has been one of the most impacted zones in the country. It is home to Nigeria’s food basket and abundant natural resources. If we do not regulate the security situation in the region, our efforts will continue to be frustrated.

This is why law enforcement must continue to provide the necessary support,” he observed.

He also identified illegal mining as a significant contributor to communal clashes in the region. Without regulation and reduction of illegal mining activities, the efforts of security agencies will be undermined.

Also speaking, Plateau State Governor, Caleb Mutfwang, represented by the Commissioner for Local Government and Chieftaincy Affairs Hon. Ephraim Usman said the initiative aimed to empower communities to take the lead in conflict resolution and peace building, recognizing that sustainable peace must be locally owned and locally driven.

According to him, it also sought to build bridges of trust between citizens—ensuring that community

groups and civil society collaborate to champion grassroots solutions.

He said, “Peace begins with each and every one of us. It is time to set aside the forces that divide and embrace the values that unite us through dialogue. Today, we are not merely launching an initiative—we are igniting a movement for healing across the North Central.

“A movement that embraces inclusion. Let us walk this path together—community by community, heart by heart—until peace is no longer a distant dream, but a lived and lasting reality for all.”

Earlier the Senior Special Assistant to the President on Community Engagement (North Central), Dr. Mrs Abiodun Essiet, said the event was organised as part of tackling insecurity which has bedevilled the region.

She said there would be no

Edo State Governor, Senator Monday Okpebholo, has disclosed that his administration, has reorganised and restructured the Edo State Security Corps to embrace professionalism and collaborate with security agencies to fight criminality in the state.

The governor made this known at the passing out parade of the newly reorganised Edo State Security Corps members held at the Edo State National Orientation Camp (NYSC) in Okada, Ovia North East Local Government

Area.

Represented by his Deputy, Mr. Dennis Idahosa, Okpebholo said the activities of the former Corps were politicised and lacked professionalism, hence the decision to reorganise and restructure them.

“Regrettably, activities of the former Corps were politicised, and it lacked professionalism.

Hence, I decided to reorganise and restructure the Corps to meet set objectives,” he said.

The governor noted that 1,472 members of the Edo State Security Corps have completed their two weeks rigorous training at the

NAF Airstrikes Kill Several Terrorist Fighters, Destroy Two Gun Trucks

The Nigerian Air Force has said the air interdiction by the air component of Operation Hadin Kai,

has killed several terrorist fighters and destroyed no fewer than four gun trucks at Buratai community in the early hours of Friday, 5 June 2025.

The Director of Public Relations and Information, Nigerian Air Force, Air Commodore Ehimen Ejodame, in a statement, said, “In the early hours of 5 June 2025, the Nigerian Air Force (NAF), operating under Operation Hadin Kai, delivered a precision airstrike that dealt a heavy blow to terrorist elements in Buratai, Borno State.”

He stated that, acting on credible intelligence, NAF surveillance assets tracked insurgents attempting to flee with four gun trucks.

Air Commodore Ejodame explained that as the terrorists regrouped along an active route, NAF air assets swooped in, engaging the convoy with devastating accuracy, neutralising

several fighters and destroying two gun trucks loaded with supplies.

He stressed that further details on the operation would be communicated soon.

Army Discredits Reports of Explosive Scare on Farmland in Enugu

The Nigerian Army has discredited a trending report alleging a protest in Ochima and adjoining communities in Udi Local Government Area of Enugu State following the discovery of a live explosive device on a farmland.

A statement by the Acting Deputy Director of the 82 Division, Army Public Relations, Lieutenant Colonel Jonah Unuakhalu, stated that the reports were unsubstantiated, misleading, and lacked any credible verification.

Nigeria Needs Tinubu to Achieve Country of Our Dream, FCT Minister, Wike Declares

Seeks national reawakening, says nation still has power to fulfil its promise

Olawale Ajimotokan in Abuja and Funmi Ogundare in Lagos FCT Minister, Nyesom Wike, yesterday, spoke in adulation of President Bola Tinubu, saying the country was in dire need of leaders like him to lead Nigerians to a country of their dreams.

Okpebholo: Over 1,470 Security Corps Agents Trained to Tackle Insecurity in Edo Adibe Emenyonu in Benin City

meaningful development without peace, urging the people from the north central to embrace their diversity as a key to national development.

Speaking on the topic, “The Role of Stakeholders in Promoting Peace,” keynote speaker at the summit, Prof.

Yusuf Turaki stressed the need for state governments and stakeholders to take concrete steps in addressing the root causes of violence.

He urged them to confront the actions of invaders and killers occupying ancestral lands by promoting inclusive dialogue and understanding.

orientation camp.

He thanked the Nigerian Army for training the Corps, demonstrating the government’s seriousness in combating criminality and making the state safe for all.

According to the governor, security was one of the key elements of his administration’s five-point agenda.

He noted that the government established the Edo State Security Corps, backed by the Edo State Security Corps Governance Law 2024, to assist the police in intelligence gathering and low-level operations to combat crime.

He canvassed this position at the Obafemi Awolowo University, Ile-Ife in his 2025 Distinguish Personality Lecture, titled: “The Nigeria of our Dreams.”

Wike, who aligned with the position of Chinua Achebe, in his controversial book “The Trouble with Nigeria”, singled out absence of proper leadership as the greatest bane militating against the development of the country.

“This statement, damaging as it may appear, is extremely difficult to controvert. Our leaders have, in the main, emerged through self-serving conspiracies that have little or nothing to do with national interests and development. This has been the case in both military and civilian contexts,” he said.

However, the minister, explained that President Tinubu had stood out as the leader the people of Nigeria need to drive the country to progress and prosperity.

He stressed that what Nigeria needed was a leader, who believed in the infinite possibilities that the nation exemplifies, while taking solid, proactive, logical and well-informed decisions that would maximally actualise her potential.

According to him, such a person

must have the courage and audacity to act, build, innovate and generally expand the frontiers of development with a hands-on approach that would emphasise excellence over mediocrity.

The minister stated that such individual must also be prepared to lead with sound character and resilience in the face of challenges.

“More importantly, the leader of Nigerians’ dream must create a society of free and responsible citizens whose potentials flow freely and free enterprise thrives.

“Let me make bold at this juncture to state that today, in our country, we have such a leader in the person of Tinubu.

“He has shown in several ways and at different times, a stout commitment to the enthronement of democracy in our country, to the extent of even putting his own life on the line in the process.

“He has shown great capacity for engendering development as captured in the unprecedented rapid and exponential development of Lagos state under his watch and even beyond,” he said.

He exalted Tinubu for demonstrating a rare courage by removing fuel subsidy on the day he being sworn in

as President, stressing leaders before him all spoke about the evil of fuel subsidy, but none had the ball to remove it.

“Tinubu did and is fittingly grappling with the inevitable, unintended and sometimes orchestrated consequences of this removal.

“Today, our states have far more resources to develop, the debts are no longer piling and the price of petrol is gradually but steadily adjusting downwards in tandem with the forces of demand and supply and the strict implementation of regulatory conditionalities.

“Also, the overwhelming cry of over-centralisation of power and resources at the national level and the attendant abuse of the doctrine of federalism is being systematically addressed.

“This is being addressed through the creation of zonal/regional commissions empowered to devolve developmental impetus to the respective zones and regions, so that power can truly return to the people,” Wike said.

Earlier, Osun State Governor, Ademola Adeleke, had touted Wike as a straightforward politician, with an exemplary wealth of political experience and leadership.

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THISDAY • FRIDAY, JUNE 6, 2025

NEWS

STRATEGIC MEETING ON THE CREATIVE INDUSTRY...

L–R: Lead Consultant, PRM Africa Marketing and Communications Ltd & President/Executive Producer, All Africa Music Awards (AFRIMA), Mike Dada; Lagos State Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka; and Sterling Bank’s Tourism and Creative Arts Business Manager, Mrs. Abiola Adelana, during a strategic meeting on the creative industry in Alausa, Ikeja, Lagos… recently

Tinubu Pays Glowing Tribute to Former Education Minister, Late Prof Jubril Aminu

Describes his demise as a profound loss Shettima leads mourners at funeral prayers, says Nigeria has lost an intellectual giant Atiku, Saraki, George, others mourn Deji Elumoye, Chuks Okocha in Abuja, and Segun James in Lagos President Bola Tinubu has mourned a renowned academic and former Minister of Education, Prof Jubril Aminu, who passed at 85.

Aminu, a one-time President of the African Petroleum Producers’ Organisation (OPEC), passed on in Abuja on Thursday after a prolonged illness.

In a glowing tribute to the late political leader, statesman and one of Nigeria’s most decorated medical professionals, the president described the demise of the Professor of cardiology as a profound loss to the nation.

“I extend my condolences to the family and friends of Professor Jibril

Muhammad Aminu, a respected academic and political leader, who passed away at the age of 85.

“Professor Aminu was a professor of cardiology and one of Nigeria’s most decorated medical professionals.

He straddled his profession and politics exceptionally, bringing erudition and brilliance to statecraft.

“In his professional life, he earned many laurels for his grit, hard work, and expertise. He was a fellow of the Nigerian Academy of Science, a fellow of the Royal College of Physicians, London, a fellow of the West African College of Physicians, and a fellow of the Nigerian Postgraduate Medical College.

“He was also a consultant in medicine, Senior Lecturer and

Sub-Dean of clinical Studies at the University of Ibadan Medical School (1973–1975), Executive Secretary of the National Universities Commission (1975–1979), visiting Professor of Medicine at Howard University College of Medicine in Washington DC (1979–1980), and Vice-Chancellor of the University of Maiduguri (1980–1985).

“Professor Aminu served meritoriously in public service as Nigeria’s Ambassador to the United States from 1999 to 2003 and as senator representing Adamawa Central Senatorial District from 2003 to 2011. He also served as Minister of Education and then Petroleum and Mineral Resources (1989–1992).

“Professor Aminu epitomised

statesmanship and was committed to building a greater Nigeria.

I also extend my condolences to the government and the people of Adamawa State.

“Professor Aminu’s passing is a profound loss to the nation, but as we grieve, we must find solace in his legacy. He left remarkable imprints in the sands of time. May he find eternal rest in Aljana Firdaus. And may Allah forgive his sins.”

Meanwhile, Vice-President Kashim Shettima, yesterday, led other Muslim faithful for the Jana’iza (funeral prayers) of the late renowned medical scholar, Prof. Jibril Aminu, at the National Mosque, Abuja.

The vice-president, who arrived at the National Mosque at 1:52 pm,

Tinubu Risks Losing 2027 Election Like Jonathan, Northern Elder Warns Chuks Okocha in Abuja

A Northern elder and public affairs commentator, Alhaji Dabo Sambo, has called on President Bola Ahmed Tinubu to, as a matter of urgency, confront the growing insecurity and banditry in the north.

He warned the president that it could significantly cut his chances of being re-elected in 2027 should he not do so.

Speaking to reporters, Sambo enumerated the nation’s most significant challenge as security, where lives and property are under

perpetual threat.

He stressed that the security of the people was one of the fundamental responsibilities of the government and warned that underperformance on this score would be politically expensive for Tinubu.

Sambo said, “If President Tinubu refuses to wipe out the security challenges, he will definitely not win the 2027 election,” he warned, drawing parallels with former President Goodluck Jonathan’s defeat in 2015, which he also attributed to unchecked insecurity.

“The era of carton of noodles and salt distribution during campaigns is over. People want security and food. Without these, they will not vote,” he said.

He pointed out that the North West and North-East zones, which were responsible for cultivating more than 60% of food in Nigeria were ravaged by banditry and kidnappings.

He said terrorism led the farmers to flee their fields, and food output declined, leading to price hikes and famine.

“Food is scarce in Nigeria and

people are hungry,” Sambo stated, linking the growing food crisis to insecurity in the North-East and North-West zones that are responsible for over 60% of the country’s agricultural output.

He also referred to the broader economic impacts of insecurity, such as the depreciation of the Naira, high transport charges, and inflation, which were systematically draining the savings of common citizens.

persuasion, religious leaning and ethnic background has the right to visit the nation’s president as long as such visit is not capable of causing cataclysm to the number one citizen of the country.

“Our party is intact in our state and I am eminently qualified to state that we have an array of capable and qualified governorship aspirants, who have been consulting with interest groups about their 2026 gubernatorial aspirations, to take over from the current bumbling and fumbling

governor and give quality leadership to the people of Osun State.

“The troubled looks on the faces of the three visitors to the President indicated a pointer to the fact that if something was not chasing them, they were definitely chasing something.

“It was only Governor Ademola, his brother, Deji and nephew, Davido who could feel where their shoes were pinching them but definitely, there is fire on the mountain for the trio and the Osun State chapter of the PDP.

Chuks Okocha in Abuja

according to a release issued by his spokesperson, Stanley Nkwocha, commiserated with the family of the deceased and prayed Allah to comfort them and make Aljanna Firdaus the final abode of the late elder statesman.

Noting that Aminu’s demise was a great loss to the nation, Shettima described the late surgeon, educationist and administrator as a man who saw it all, just as he said the deceased was an intellectual giant who could hardly be replaced.

“It is a very sad loss. Prof Jubril Aminu was the last of the great titans, an iconic figure, who enormously contributed to the development of the nation.

“He was variously the Executive Secretary of NUC, Vice Chancellor of the University of Maiduguri and Honourable Minister of various ministries across the country and left his landmarks on the sands of time.

“He is irreplaceable. May Allah grant him Aljanatul Firdaus and give the family the fortitude to bear the irreparable loss. His loss is not just to the good people of Adamawa State but to the nation and Africa at large,” the Vice President prayed.

Born in Song, Adamawa in 1939, Aminu was a towering figure in Nigerian public life.

Other mourners who joined the Vice President at the National Mosque in Abuja for the Jana’iza included former Vice President Atiku Abubakar; National Security Adviser, Nuhu Ribadu; Special Adviser to the President on General Duties (Office of the Vice President), Dr.

Aliyu Modibbo.

Also at the mosque was former Secretary to the Federal Government, Yayale Ahmed; former Governor of Adamawa State, Admiral Murtala Nyako; and former Governor of Gombe State, Senator Danjuma Goje.

There was also a former Chief of Army Staff, General Tukur Buratai (rtd); former Minister of Education, Professor Tahir Mamman; and former Minister of State for Health, Dr. Aliyu Idi Hong, among many others.

Meanwhile, Atiku Abubakar and former senate President, Dr. Bukola Saraki, have joined other Nigerians to mourn Aminu.

According to statement on his X space, Atiku, wrote, “This afternoon, I joined a congregation of Muslim worshippers at the National Mosque in Abuja to perform funeral prayers (Jana’iza) for Professor Jibril Aminu, who passed away in the early hours of today, at the age of 85. ‘’His contributions to the field of medicine, academia, and the growth of democracy in Nigeria remain legendary, and his demise a huge loss to humanity. May his family and friends be comforted, and his soul be granted Aljannah Firdaus. Ameen.’’

Saraki, on his part, said, “The news of Professor Jibril Aminu’s passing came as a rude shock. Professor Aminu was a rare kind of public servant, one who brought excellence and purpose to every role he held.

“Whether in medicine, education, diplomacy, or governance, he carried himself with dignity and left a mark that would not be easily forgotten.

Amaechi: My Disdain for How S’East is APC to Adeleke: Your Visit to Tinubu Treated in Politics Made Me to Claim Igbo Affirms Your Desperation, Confusion Says he’s from Ikwerre in Rivers Yinka Kolawole inOsogbo

The Osun State chapter of the All Progressives Congress (APC) has said Governor Ademola Adeleke’s recent visit to President Bola Tinubu bore no significant political implications on the governorship of the state.

In a statement by the party’s spokesman, Kola Olabisi, the APC noted that, “We shouldn’t forget the fact that the president has the whole country as his constituency and any one irrespective of political

Former Minister of Transportation, Rotimi Amaechi, has disclosed that the poor treatment meted out to the Southeast was the reason he claimed to be an Igbo man.

Amaechi, in an interview on Arise Television’s Prime Time, said he was an Ikwerre man from Rivers State, adding that his disdain for how the Southeast was treated made him claim to be an Igbo man.

Amaechi disclosed that his affiliation with the Igbo tribe was a

protest to make Nigerians address the issues of the Southeast.

“I’m an Ikwerre man, if you ask an Ikwerre man who are you? He will tell you that I’m an Ikwerre man.

“So, what you can say is that, is an Ikwerre man an Igbo man? There are divergent views. The majority will say no, but there is a very tiny minority which includes me.

“Why did I take that position? It’s political but not to win the votes of the Igbos. I didn’t like the way Igbos were being treated at a particular point in time – in protest, I began

to wear the Tiger head cloth with the red cap.

“I wore it in protest asking Nigerians to address their problems.

Again, I made it public that I’m an Igbo man in protest.”

Speaking before a crowd of supporters at the All Progressives Congress (APC), presidential campaign in Aba, Abia State in 2015, Amaechi said, “I am a bona fide Igbo man.

“My name is Amaechi but President Jonathan who says his name is Azikiwe cannot speak the Igbo language.”

38

FACTFILE

FRIDAY, JUNE 6, 2025 • T H I S D AY

with Lanre Alfred

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

TOE’s Way… Or No Way?

L

et’s not pretend that Tony Onyemaechi Elumelu is like the rest. I had always known him to be different. He doesn’t behave like your typical Nigerian tycoon.

There’s no chaotic flamboyance, no noisy detours into political spectacle. Instead, there is an obsession with legacy. A self-scripted gospel of Africapitalism that he evangelises like a preacher with boardroom cadence. For Elumelu, banking is not about numbers. It’s about narrative.

To be candid, he has turned his portfolio into a choreography of purpose: UBA as the spine, Heirs Holdings as the brain, and the Tony Elumelu Foundation (TEF) as the beating heart. All of it, moving to one tune: the TOE tempo.

So when he swept up 1.27 billion additional UBA shares valued at $27.7 million, in May, raising his stake to a commanding 3.81 billion, I’d say, he wasn’t flexing. He was simply fortifying. UBA’s capital raise is imminent, N500 billion ($315 million), no less, and Elumelu is making sure dilution isn’t a word in his dictionary. I see a man isn’t just protecting equity but an ideology. Because UBA is not just his bank, it’s his broadcast signal to the world that Africa’s financial awakening must be African-led, African-owned, and unmistakably African in identity.

His latest high-stakes manoeuvre? I’d call it what it is: an audacious bet on his own crown jewel, United Bank for Africa (UBA). While this move, in my opinion, may raise eyebrows, it will tighten boardroom collars, and reinforce what some of us have long suspected: Tony is not in the business of reacting; he is in the business of preempting.

This wasn’t just an investment. It was a power play. A statement. A declaration that no matter the tides, regulatory shifts, economic headwinds, or global investor courtships, Elumelu is in charge.

And he’s staying that way. Say, I said so.

But to understand this move is to understand the man. Not the myth they write about in corporate memos. The man. The one who cannot stand a full stop when there’s more story to write. The one who keeps circling back to the same canvas, banking, business, Africa because he knows perfection is not a destination but a pursuit.

Like I’d always say, what makes Tony’s move even more riveting is the context. This is not a season of economic comfort. Nigeria is dealing with an inflation hangover. Investors are anxious. Capital is skittish. But Elumelu? He doubles down. He buys big.

Why? Because the man does not outsource belief.

He is his own conviction. And he will keep raising the stakes until his vision is no longer an idea, but an institution.

Call it what you will, control, foresight, obsession.

The truth is that Tony Elumelu doesn’t want to win in the conventional sense. A long time ago,

Tony Elumelu I noticed his penchant for defining the rules of winning. I see a man who wants to build systems that cannot ignore him. So when the Central Bank whispers capital compliance, Tony roars with cash and control.

This isn’t just banking strategy. It’s succession planning for influence. It’s an insurance policy on legacy. Because if UBA is the continent’s banking blueprint, then Elumelu is the draftsman, fiercely unwilling to let another hand smudge his design.

There’s a certain theatricality to the way Elumelu moves through the world: sharp suits, sharper instincts, and that perennial glint in his eyes, equal parts mischief and mission. And if you’ve ever mistaken his polished charm for stillness, think again. Tony Elumelu is not still. He is restless, ever-reckoning, ever-reshaping his destiny and ours. Because in his world, movement is not progress unless it’s transformative. That is TOE’s Way. And for him, it’s the only way.

There’s something fascinating—almost contradictory—about how Tony wears power. He drips with it, yes, but he doesn’t flaunt it. He curates it. And perhaps that’s why he sits so comfortably in rooms where ego is currency.

In Gabon recently, he was awarded the Commandeur dans l’ordre national du mérite gabonais, the country’s highest national honour. The air was thick with ceremony, but what the cameras didn’t catch was what that moment symbolised:

a continent looking into the mirror and seeing a version of itself it could be proud of. Tony was not just receiving an award. He was being acknowledged as Africa’s most patient architect.

Because while others chase applause, Elumelu builds institutions. TEF has empowered over 18,000 entrepreneurs across 54 African countries.

UBA operates in 20 African nations and five global financial capitals. Heirs Holdings is quietly taking over the energy corridors of West Africa. This is not a tycoon. This is a tactician.

And yet, beneath the empire is the obsession.

Elumelu cannot rest. He does not idle. He reinvents, reinvests, retakes. It’s not because he needs more, it’s because he believes Africa deserves more. And he will not sleep until it gets it.

Let’s return to UBA. There’s a deeper layer to his billion-dollar diamond stake than meets the eye.

With a capital raise looming and a continent-wide banking revolution in full swing, the risk of losing narrative control is real. But Tony has never been comfortable being a passive player in someone else’s story.

So he steps in, steps up, and writes another chapter.

By tightening his grip on UBA, he makes it clear: this isn’t a bank open to corporate raiders or foreign dilution. This is a fortress, guarded by a man who knows what happens when legacy is left to chance.

Because control, for Tony, isn’t about domination.

It’s about direction. And no matter what the market

does, he intends to steer.

What sets Elumelu apart isn’t just his success.

It’s the quietude of it all. In a world obsessed with noise, he thrives in the margins. He doesn’t trend on social media for showmanship. He trends in impact. A headline in TIME. A plaque in Libreville.

A loan to a farmer in Kano. That’s the rhythm of his empire.

And maybe that’s the secret: Tony Elumelu doesn’t build for applause. He builds for aftershocks. The kind that ripple across generations. The kind that make young Africans believe they can rewrite their destiny without changing their geography.

Some say TOE’s greatest strength is vision. Others say it’s resilience. But those of us watching closely know it’s neither. It’s restlessness. The kind that won’t let him sit back. The kind that sees every milestone as a starting line.

That restlessness is what powers TEF’s continuous rollout of seed capital. It’s what pushes Heirs Holdings into uncharted terrains. It’s what compelled him to break the rules of traditional banking and redraw the map.

In my candid opinion, Tony Elumelu is not in business to be remembered. He is in business to remake memory itself. To rewire how Africa thinks of money, power, and promise.

And perhaps that is why, in this most recent move with UBA, he seems more urgent than ever.

Not because time is running out, but because his dream is catching fire.

TOE’s Way, the Only Way It’s easy to dismiss all this as ego. But that would be a shallow read of a deep play. Tony Elumelu’s every move is layered: business on the surface, belief beneath. With each stake he increases, each entrepreneur he empowers, each boardroom he reshapes, he’s broadcasting the same message: Africa will not be defined by its struggles, but by its strivers.

And in that gospel, there is no space for complacency. Only conviction.

So when people ask, “Why is Tony Elumelu buying more of a bank he already controls?” the answer is simple.

Because he’s not done. Because the work isn’t done.

Because TOE’s way isn’t just one way.

It’s the only way.

BACK PAGE CONTINUATION Insecurity and the Option of Self-Defence As a nation, have we truly and precisely identified the strategic intention and end state of these threats? If the intentions are multi-dimensional, can we isolate each to enable appropriate response? From all indications, the rapidity and extent of concentration of extremist fighters affiliated with ISIS and Al-Qaeda along the Sahel region of West Africa must be a pointer to a bigger stake. Could this validate the recent avowal by the Commander of the US Africa Command, General Michael Langley that one of the terrorists’ new objectives is to continue their fight until they gain access to West African coastlines? An understanding of the adversaries’ strategic end state is important to convince the advocates of self-defence if their proposition could defeat the threat and bring lasting peace or produce just a temporary protection.

Despite its allure, the calls for self-defence against bandits and criminal gangs could just be a recipe for disaster. Take the United States for example, the liberal laws on access to weapons has contributed to a high incidence of gun violence, mass shootings and increased homicide rates. We have also seen how the proliferation of small arms and light weapons has fuelled decades of conflicts leading to widespread instability and humanitarian crises in Somalia and Yemen. These are clear evidence of the risks associated with having weapons freely in the hands of the people.

Amidst genuine domestic concerns about insecurity and violence, the introduction of more weapons into the communities could exacerbate more violence and lead to potentially disastrous outcomes. As highlighted in an article by the Institute of Security Studies, as of 2024, Nigeria accounts for about 70 per cent of the almost 500 million illegal weapons in circulation across West Africa. It is just rational that Nigeria maintains its current laws and regulations on gun control but with more pragmatic actions on strict enforcement.

Ultimately, addressing the myriads of security challenges requires a more nuanced and whole of society approach starting with an assessment of the gaps in the current security architecture that allows insecurity to fester. From the physical security aspect,

government must focus on raising the capability of the military, strengthening the capacity of law enforcement agencies and design strategies to dominate the vast swaths of ungoverned spaces across the country. It must also keep focus on providing good governance and ensure absolute control of its borders.

In terms of military capability, urgent attention is required to address the current manpower shortage and insufficient high-grade weapons and platforms in commensurate strength. Appropriation of fund to address these gaps will most certainly face some criticism in a society where opinions are in the majority that annual budget to defence is a burden on the nation’s development. Unfortunately, such opinions are based on mere comparison of defence budget with those of other sectors, but not on any empirical analysis anchored on threats and capability which principally drives funding of defence.

From global security assessment, the 2024 Global Peace Index ranks Nigeria 147 out of 163 countries and categorized Nigeria as very low in the state of peace spectrum along with other African countries such as Burkina Faso, Central African Republic, Somalia, Mali, DRC, South Sudan and Sudan. Given this pathetic situation, Nigerians must realise that it is better to throw in every resource that is required to quicken the achievement of stability noting that peace and stability provide the foundation for development, and without them no nation can achieve its full potentials.

Faced with the prevailing precarious security challenges, Nigeria must gear up to boost the operational efficiency of its military well above the current abysmal level, noting that conventionally most countries strive to achieve close to 85-90 percent efficiency. It is time to acquaint Mr President with the current reality in terms of the overall operational efficiency of the military, so that government could embark on a deliberate plan for short, medium and long-term procurement that could gradually raise the military’s operational efficiency to a decent level required for mission success.

In doing this, there must be a remarkable deviation from the current piecemeal acquisition of critical

operational equipment. It must be noted that the operations to rid the country of insurgents and bandits have lasted so long with undesirable impact on the will of troops to fight. When troops become battle weary, the catalyst needed is the injection of ‘game changers’ that would reinforce the confidence of troops and boost their morale to fight. Mr President, the military is in urgent need of new and modern tanks, APCs, MRAPs, attack helicopters, high grade armed drones, boats and assorted weapons and ammunition in large quantities. Let the nation provide these for the military and watch how situation will change and the calls for self-defence will fizzle out.

If there is any pronounced gap in the nation’s security architecture that has made insecurity to fester, it is the near collapse of policing as a key component of law enforcement. Since 1999, Nigerians have continued to yearn for necessary reforms that would bring the police in tune with current global standard, but that aspiration remains a mirage. At this moment, Nigeria needs the strong will and character of President Tinubu to initiate a focused and sustainable police sector reform that would earn it the respect of many Nigerians.

Such reform must address issues of recruitment, force restructure, training, administration, welfare of personnel, infrastructure, kitting and equipment. An efficient police force is crucial for the overall security of the country and promotes social, economic and political development.

Over the years, nearly all of Nigeria’s 1,129 forest reserves have become expanse of ungoverned spaces providing haven for bandits and terrorists. Government seems to have heeded the calls for these forests to be properly dominated, with the recent announcement of the creation of forest guards. According to reports, the forest guards are to be well trained and armed to flush out terrorists and criminal gangs hiding inside the forests for criminal activities. This is obviously a deviation from the traditional roles given to forest guards. In South Africa, Kenya, Ghana, Tanzania etc, forest guards or park rangers as they are called are principally tasked to combat illegal logging and mining, anti-poaching

activities, patrolling and surveillance operations and forest fire protection.

Details about the Forest Guards are still sketchy, but the scanty disclosure has raised some questions; what weapons will they bear considering the role it has been given, will they be under state or federal government control, what will be the relationship between the guards and the military, police and other security agencies, how will they relate within the existing forest security arrangement where we have the National Park Service and the Agro-Rangers under the NSCDC, will the role being proposed for the forest guards not bring them into conflict with the military? These and many other questions are what the planners must ponder on as they put the presidential directive into action.

Government must ensure that the forest guards operate professionally in close cooperation and collaboration with other security agencies and must be free from political interference and misuse. They must be given clearly defined roles and responsibilities to prevent confusion and overlaps in the course of their duty. Government must avoid the temptation of turning the forest guards into a quasi-military force, by limiting its combat role to patrolling and surveillance for information and intelligence gathering to aid the military in conduct of operations.

Notwithstanding, the forest guards must be sufficiently armed for self-defence against bandits and other intruders as well as attacks from wild animals.

In Kenya, Ghana, Tanzania, DRC and Cameroon, forest guards are equipped with semi-automatic rifles and AK47 in some cases. In South Africa, the park rangers are equipped with R5 rifles which is a more accurate and versatile rifle suited for longer range engagements and more tactical operations. Given the right weapons with a clear mission and institution of effective coordination, the forest guards would be able to fill a gap which would help to strengthen the current security architecture.

•Olawumi, a retired Major General and former NYSC Director General is a member of THISDAY editorial board

39

THISDAY • FRIDAY, JUNE 6, 2025

FRIdaysports

Group Sports Editor: Duro Ikhazuagbe Email: duro.ikhazuagbe@thisdaylive.com

0811 181 3083 SMS ONLY

Super Eagles Seek to Sustain Winning Mentality against Russia Olawale Ajimotokan in Abuja As Nigeria take on Russia this evening in an international friendly, the Super Eagles will seek to maintain their unbeaten run in all competitions since the beginning of this year.

The match will take place inside the 78,000-capacity Luzhniki Stadium

INTERNATIONAL FRIENDLY in Moscow on Friday night.

It is the first official meeting for both countries at senior level, and though Russia have not played competitively since February 2022,

Air Peace Ambassadors Pay Condolence Visit to Christian Chukwu’s Family Chinedu Eze

A high-powered delegation of Nigerian football legends and Air Peace Ambassadors, led by former football star and Olympian Dr. Olusegun Odegbami, paid a solemn condolence visit to the family of the late Christian Chukwu in Enugu on Wednesday.

The visit was a tribute to the late football icon, fondly known as “Chairman,” who passed away recently.

The delegation, which included distinguished members of the 1976 Montreal Olympics contingent, the victorious 1980 Africa Cup of Nations squad, and the 1994 Super Eagles team that Chukwu once coached, gathered to honor the memory of one of Nigeria’s most revered sportsmen.

Among the delegates were Dr. Felix Owolabi MON; Dr. Bruce Ijirigho; Dr. Godwin Obasogie; Mr. Charlton Ehizuelen; Mr. Uche Okechukwu MON; Sylvanus Okpala MON, OON; and Mr. Frank Onwuachi MON. They were warmly received by

the children, family members, and loved ones of the late football icon.

In a heartfelt address, Dr. Femi Adegbite, speaking on behalf of the delegation, described the visit as symbolic of three generations of Nigerian Olympians and national team players — a small but powerful representation of footballers across the country who had either played alongside Chukwu or served under him.

Adegbite also emphasized that the visit was made possible by the Chairman of Air Peace, Dr. Allen Onyema, who facilitated the entire trip.

He recalled how Dr. Onyema had, two years ago, brought together Nigerian Olympians in Lagos and celebrated them in a manner never before seen in the country.

The delegation consoled the widow and family, assuring them of Dr. Onyema’s continued support, as well as that of the wider community of Olympians and football veterans.

They also pledged their commitment to supporting the burial arrangements and preserving Chukwu’s enduring legacy.

Golf: eTranzact Classic Tees off with Record N50m Pro Purse

Africa’s leading digital payments platform, eTranzact, has announced a record breaking N50million as professional purse for the third edition of the eTranzact Golf Classic set for the prestigious Lakowe Lakes Golf Club in Lagos, Nigeria, from June 12 to 14, 2024.

This year’s championship, running under the Professional Golf Development (PGD) Tour, will be the biggest local Tour Purse The announcement has already triggered entries from elite golfers from over 10 African countries, including Ghana, Zambia, Zimbabwe, Tanzania, Kenya, Cameroon, Togo, and Ivory Coast. The event will also be featuring lady professionals.

Chief Executive Officer of

eTranzact, Niyi Toluwalope, said the tournament is growing significance in uniting Africa’s finest golfing talent.

“The eTranzact Golf Classic has evolved into one of the premier events fostering golf excellence on the continent, much like our innovative solutions have transformed the financial sector, this championship reflects the innovation, inclusivity, and ambition we stand for.”

Toluwalope stated.

He added that, “This year’s record-breaking purse underscores our commitment to elevating the value and recognition of African professional golfers in the quest to creating a pathway for global success.”

GOtv Boxing Night Organisers Mourn Nwankpa Flykite Productions, organisers of GOtv Boxing Night, have expressed deep sorrow over the passing of Nigerian boxing legend, Obisia Nwankpa, who died on Wednesday, aged 75 years.

In a statement released on Thursday, Flykite described the former African and Commonwealth boxing champion as a towering figure in Nigerian sports whose legacy transcended the ring.

“Obisia Nwankpa was more than a champion; he was an inspiration to generations of Nigerian boxers and sports enthusiasts,” the statement read. “His contributions to the development of boxing in

Nigeria remain indelible. We beseech the Almighty to comfort his family” Flykite noted that Nwankpa’s unwavering support for grassroots boxing initiatives played a pivotal role in the success of GOtv Boxing Night and GOtv Boxing NextGen Search. He was a talent judge and coach at the latter.

“He believed in the future of Nigerian boxing and worked tirelessly to ensure young fighters had a platform to shine. He was a great man whose passion for the sport was matched only by his humility and integrity,” the statement added.

they have been busy playing friendly games, the last one being a 5-0 routing of Zambia’s Chipolopolo at the VTB Arena in Moscow on 25th March.

The win took their winning streak to eight games.

Nigeria defeated Rwanda 2-0 in Kigali in a FIFA World Cup qualifying match on 21st March, were held to a 1-1 draw at home four days later

by Zimbabwe in the same series, and then defeated Ghana 2-1 on 28th May before overpowering Jamaica on penalties after a 2-2 draw on 31st May to win the Unity Cup tournament in London.

While still in the form of that

single and mammoth USSR, the Soviet Union hosted the FIFA World Youth Championship (now FIFA U20 World Cup) in 1985. The host nation defeated Nigeria 2-1 in a group phase match in Minsk, but when both teams clashed in the tournament’s third-place match, Nigeria triumphed 3-1 after a penalty shootout following 0-0 in regulation and extra time in Moscow.

On Friday, Franco-Malian Eric Chelle will put out a squad that will be determined to earn a critical win for Nigeria, in order to sustain the winning mentality built from the Unity Cup tournament, and also set their eyes confidently on an even more critical couple of 2026 FIFA World Cup qualifying matches

coming up in September.

The Super Eagles, lying fourth in their group, will host Rwanda’s Amavubi in the first week of September, and fly out to Johannesburg four days later to tackle group leaders Bafana Bafana of South Africa in what could be a flaming war.

Injuries and withdrawals have combined to tweak Chelle’s ensemble for this encounter, but the spine of the squad is largely intact, with only the fore missing telling performers, such as reigning African Player of the Year Ademola Lookman, the peerless Victor Osimhen and AC Milan of Italy’s Samuel Chukwueze – who was in imperious form in London.

Goalkeeper Maduka Okoye

has another opportunity to reign between the sticks, with Igoh Ogbu and Benjamin Fredericks (from the Unity Cup in London) tugging for the rearguard shirts with captain William Ekong, Bright Osayi-Samuel, Bruno Onyemaechi and Semi Ajayi.

A rich midfield cast includes Frank Onyeka, Fisayo Dele-Bashiru, Raphael Onyedika, Christantus Uche, Papa Daniel and Saviour Isaac.

Much will be expected of Simon Moses and Tolu Arokodare in the attack, as Krasnodar FC’s former junior international Olakunle Olusegun hopes fervently for his first senior cap.

The iconic Luzhniki Stadium hosted the 2018 FIFA World Cup Final, in which France defeated Croatia 4-2.

Victor Ikpeba Football Challenge in Q’finals Stage

Tolu Arokodare (left) is expected to spearhead Super Eagles attack this evening as Nigeria take on hosts Russia in an international friendly in Moscow

The fight for a spot in the final match of the Victor Ikpeba Football Challenge continues this weekend, with eight teams set for the quarterfinals games on Saturday.

Defending champions Gantos will take on seven other ambitious teams for a place at the next level.

The final of the 2025 edition, which is the fifth in the series, is tentatively billed for June 12. The organisers will confirm the exact date for the final match by the weekend.

This football competition is held annually to commemorate the birthday of the former African Footballer of the Year, Victor Ikpeba.

The kick-off of the competition took place on 31st May at the Obele Odan Community Centre, Fujah Street, Surulere, Lagos. This 2025 edition is special as it is being held in honour of late Dapo Sotuminu, who served as the director and coordinator of the competition from the first edition five years ago. The journalist was also the CDA chairman.

Gallo, Folawiyo, Atta Lift Kaduna Sports Academy The President, Basketball Africa and Senior Vice President NBA, Amadou Gallo Fall, has predicted a golden age for African basketball when the continent will produce global top players, dictate the rule and direction of the money-spinning sport.

He said with sustained investment in basketball, top class coaching of youngsters and continuous career mentorship of potential players from tender age, the sky would be the limit for the African continent to unleash her potentials of becoming leaders in one of the top sporting events.

The Senegalese former NBA star made the disclosure in Kaduna while on a tour of Fifth Chukker/ Access Bank Sport Academy where children of school ages are trained and mentored to be career sportsmen and women.

Gallo, who built and funded a basketball academy in Senegal where kids from less privileged background are taught and trained to become professional players, flew in from Dakar on Tuesday to inspire Young trainees in a sister academy in Nigeria.

“I am so proud and impressed by the quality of facilities and the training given to these kids who are the future of basketball not just in Nigeria but Africa and possibly across the continent.

“We will continue to fund, inspire and share ideas with such basketball academy and many others across

Africa so that the continent will take her rightful place of someday leading and dictating the pace of the sport in the world.

“When you look around the world of basketball, you will see that players of African origin have dominated the game of basketball, even the NBA. “With continuous funding and setting up of basketball academies such as this, we shall be able to change the narration in our favour so we can take the driver seats while others follow,”he assured.

Gallo, CEO of African Basketball

Academy charged former players and stars to dedicate and invest resources, time and energy into mentorship and training of young Africans to pursue careers in basketball and other top sports.

Chairman of Coronation Merchant Bank, Tunde Folawiyo, reiterated the commitment of the bank to hunt and assemble young talents for career paths in top global sports so young Africans could play and earn money for growth and development of the continent.

Fifth Chukker/Access Bank Academy founder Adamu Atta

pointed out that Gallo’s presence at the training facility served as a source of inspiration for the young students who said they wanted to become great players like him in future.

“We are grateful to Amadou Gallo who had invested so much to see young Africans turning out to be great professionals in basketball.

“His visit will go a long way in building and sustaining a synergy between our academy and the one he built in Senegal in terms of cross-pollination and exchange of talents,” Atta stated.

L-R: Amadou Gallo Fall, Basketball Africa boss and NBA vice president; Tunde Folawiyo, Chairman Coronation Merchant Bank; Adamu Atta, Fifth Chukker Chairman, and Mohammed Malick Fall, United Nations Resident and Humanitarian Coordinator, inside the Equestrian centre of the Fifth Chukker/Access Bank Sports Academy, Kaduna

T H I S D AY • FRIDAY, JUNE 6, 2025

Price: N400

back page lead photograph

INAUGURATION CEREMONY OF THE AFRICAN MEDICAL CENTRE OF EXCELLENCE...

L–R: Minister of Finance and Coordinating Minister of the Economy, Hon. Wale Edun; former Governor of Ekiti State, Dr. Kayode Fayemi; Secretary to the Government of the Federation, George Akume; Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima (representing the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria); President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank), Prof.

Benedict Oramah; and His wife and Matron of Afreximbank Spouse Network (ASNET), Mrs. Chinelo Oramah, during the inauguration ceremony of the African Medical Centre of Excellence, Abuja, yesterday

JohnsonOlawumi Insecurity and the Option of Self-Defence S guest columnist

ometimes in March 2018, one of Nigeria’s most respected military generals and a former Chief of Army Staff, Lieutenant General Theophilus Yakubu Danjuma, in an outburst following series of armed herdsmen attacks in some parts of Taraba State, called on the citizens to rise and defend themselves. Given his extensive military background and the strategic positions that he held in the past, the widespread view then was that General Danjuma who also served as Minister of Defence from 1999 to 2003 spoke with astute conviction and got many adherents in his call for self-defence, which has continued to gain momentum since then.

Towing the same line, in February 2021, Bashir Magashi, also a retired army general and then Minister of Defence, while responding to bandits’ kidnap of 27 students in a school in Kagara, Niger State, said it is the responsibility of every citizen to be at alert amid the insecurity in Nigeria and the people should show that they are not cowards by defending themselves.

Expatiating it further, General Magashi said, “in our

President Bola Tinubu younger days, we stand to fight any aggression coming for us. The people should stand and let these bandits know that even the villagers have the competency and capabilities to defend themselves”.

In yet another but more cautious note, the DG DSS

Mr Adeola Oluwatosin Ajayi, in February this year, argued that every community should have a vigilante outfit licenced to use appropriate firearms to act as the first line of defence against invaders, terrorists, bandits, armed herdsmen, kidnappers and other violent criminals. This position modified the earlier calls by Generals Danjuma and Magashi, and coming from the nation’s Number One spy man, it gives some backings to those in support of self-defence, some of whom have lost confidence in the state’s ability to protect them.

But what has given rise to these calls in a country that has an organised police force and one of the most capable militaries in Africa? The answer is in the level of insecurity that pervades the country from around 2009 till now. According to the group Nigeria Mourns, in 2024, 5,353 people including 308 security personnel were killed in violent attacks across Nigeria with 88.5 per cent occurring in Northern Nigeria. Within the same period, a total of 5,171 people were abducted. This casualty figure for 2024 was 22.1 per cent higher than

that of 2023 where 4,385 people were killed in violent attacks. Corroborating this, Amnesty International in its latest report (under serious dispute) revealed that a total of 10,217 people were killed in attacks by armed groups in the first 2 years of the current administration, painting a gloomy picture of the state of insecurity in the country.

Of course, not a few people are optimistic that the days ahead look promising in terms of security. The recent resurgence of attacks in Borno and Yobe States

by Boko Haram Terrorists group and the Islamic State’s West Africa Province (ISWAP) as well as those of killer herdsmen around Benue and Plateau States are coming at a time when alarm is being raised concerning the activities of a new terror group, Lakurawa in Sokoto and Kebbi States as well as the Mahmuda group in northern part of Kwara State. There are warnings that these attacks are not likely to abate but continue in a more aggressive fashion.

Continued on page 38

WHEN PRESIDENT TINUBU VISITED DANGOTE REFINERY...

L–R: Mr. Jim Ovia, Chairman, Zenith Bank; Devakumar Edwin, MD, Dangote Oil Refinery; Bill Gates, Founder, Gates Foundation; Aliko Dangote, President, Dangote Group; Dame Dr. Adaora Umeoji, GMD/ CEO, Zenith Bank; Femi Otedola, Chairman, First HoldCo Plc; and Dangote’s daughter, Fatima Abubakar, during President Tinubu’s official visit to Dangote Refinery in Lagos, yesterday

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