The Central Bank Governor, Mr. Olayemi Cardoso, is to
lead Nigeria's delegation to the World Bank and International Monetary Fund (IMF) Annual Meeting
in Washington DC, which begins today, Monday, October 13, 2025. A release issued last night
by presidential spokesperson, Bayo Onanuga, stated that Cardoso, who is the alternate governor at Bretton Woods
Institution, has replaced the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, who was reportedly indisposed and could be flown out of the country.
www.thisdaylive.com
ARISE News Channel: We’ll Be Consoled over Maduagwu With Improved Security, Healthcare System
Says the deceased wanted to go into politics to change some of the societal ills that killed her Family, colleagues, Umeh, Oshiomhole, friends pour encomium on the late journalist
Alex Enumah, Adedayo Akinwale and Sunday Aborisade in Abuja
The management of ARISE News Channel has said it would
be better consoled over the death of its reporter, Somtochukwu Maduagwu, if the country's
security and healthcare systems were improved. Deputy Managing Director of ARISE
News Channel, Bayo Awosemo, stated this yesterday in Abuja at a night of tributes organised by the management for Sommie, as Continued on page 5
FG Threatens ‘No Work, No Pay’ as ASUU Begins Two-week Warning Strike Today
Alausa says lecturers not interested in keeping students in class Reveals govt has demonstrated good faith, met almost all demands, but union
Emmanuel Addeh, Onyebuchi Ezigbo, Kuni Tyessi in Abuja and Onuminya Innocent in Sokoto
The federal government yesterday said that from 12am last night, it was invoking its ‘No Work, No Pay’ policy, against the Academic Staff Union of Universities (ASUU), which declared a two-week warning strike, starting from midnight of Sunday, to protest unmet demands by the federal government.
Nigeria's Minister of Education, Dr Tunji Alausa, told THISDAY that the federal government has met almost all the demands of the union, but argued that the lecturers
insist their members not joining strike
Umeh;
TCN: Foreign Funding for Power Transmission Hits $1.3bn
in
5 Years Amid Frequent Outages
Adds 5,910MVA capacity to national grid
Peter Uzoho
Investments by international donor agencies for electricity transmission projects in Nigeria have risen to $1.296 billion over the past five years, resulting in an additional 5,910 Mega-Volt Ampere (MVA) of transformer capacity to the national grid, a THISDAY finding has revealed.
Transmission remains weakest link in electricity supply sector
A TCN document seen by THISDAY, which detailed the funds and their specific projects, also included the $200 million from the Japanese International Cooperation Agency (JICA), which is financing the Lagos–
The funds being managed by the Transmission Company of Nigeria (TCN) include the $486 million from the World Bank, framed as Nigeria Electricity Transmission Project (NETAP); the $400 million from the French Development Agency (AFD), which was for the Abuja Feeding Scheme and the Northern Corridor Project; and the $210 million from the African Development Bank (AfDB), in support of the Nigeria Transmission Expansion Project (NTEP-1).
Ogun Power Transmission Project.
For decades, Nigeria's power sector has been grappling with a plethora of challenges inhibiting it from expanding supply to millions of Nigerians, and leading to frequent collapse
FG THREATENS ‘NO WORK, NO PAY’ AS ASUU BEGINS TWO-WEEK WARNING STRIKE TODAY
were not interested in keeping the students in class despite the efforts of the federal government.
Alausa stated that President Bola Tinubu had done everything to significantly improve the teachers’ condition of service, their welfare as well as their salaries, but that the gesture has not been reciprocated by ASUU.
“All the low-hanging fruits that border on academic allowances and arrears, we have paid. We have mainstreamed it into their main salary. We have finalised their promotion arrears. From their next budget, we won't be owing them promotion arrears.
"All their post-graduate supervision allowances and their research allowances, we have asked the universities to pay,” he told THISDAY.
Besides , he noted that the President has approved a robust teaching allowance scheme to significantly improve the lecturers’ condition of service, their welfare, and their salaries,
the deceased was fondly called.
Some of the dignitaries in attendance were Chairman and Editor-in-Chief of THISDAY/ ARISE Media Group, Prince Nduka Obaigbena, Senator Victor Umeh, Senator Adams Oshiomhole, and First lady of Enugu State, Chinyere Mbah, among others.
Awosemo lamented that Sommie’s life was cut short in a very tragic occurrence.
He stated, “We wish we were gathering under more pleasant circumstances, but here we are, compelled to gather in grief.
“Just about a year ago, Sommie walked into the ARISE Newsroom to see me. She had been directed by our Chairman to report to me for consideration for a role in the organisation. For the discerning, that means employ her. Characteristically, he had spotted a talent.
Although the Minister of State for Finance, Doris Uzoka-Anete, was included on the Nigerian team, the decision to have Cardoso lead the delegation was informed by the importance of the event and how much premium the nation placed on it. According to the World Bank, key elements of the Annual Meetings included the Development Committee
stressing that a meeting was held last Friday, wherein the union promised to get back without honouring their pledge.
“The federal government has mandated that children stay in school. The federal government is doing everything to keep our students in school, but ASUU is doing otherwise. ASUU does not really want our children to be in school. They are out to destroy the education of the children and the government will not accept that.
“And so, we will immediately implement no work, no pay. And even when they are going on strike from tomorrow, they will not be paid. The federal government has demonstrated good faith. This is ASUU being intransigent,” Alausa added.
In a separate statement by the Director, Press and Public Relations in the ministry, Folasade Boriowo, the federal government called on ASUU to reconsider its decision to embark on an industrial strike, emphasising that constructive
“However, known as a former beauty queen with no background in broadcasting, the disposition in the Newsroom was, mainly, ‘this is not a beauty contest, but, let’s see how she fits in.’
“Now, one year later, and following her very tragic and devastating passage, we have been presenting her performance appraisal report publicly. From reportorial duties to news presentation and production, all we can say now is; it is not how long but how well.”
Awosemo stressed that one of Sommie's dreams was to be a politician to help in bringing positive change to the society.
He said, “Tragically, her dream was cut short in the prime of life! Ironically, Sommie became a victim of some of the ills plaguing the society that she had hoped to change.
Plenary session on October 16 and the International Monetary and Financial Committee meetings on October 17.
Other events to feature would be regional briefings, press conferences, and fora focused on international development, the global economy, and financial markets.
Edun, 69, who has been reportedly sick was said to
dialogue remains the most effective and sustainable path toward resolving all outstanding issues in the tertiary education sector.
In a joint statement issued by the Minister of Education, Alausa, and the Minister of State for Education, Prof. Suwaiba Sai’d Ahmad, the ministers disclosed that the government has made a comprehensive offer to the union and, up till now, is still awaiting ASUU’s official response.
They stressed that the offer addresses the union’s major concerns, including conditions of service, institutional governance, and staff welfare.
The ministers noted that the administration of Tinubu has approved a robust Teaching Allowance designed to reflect the value of academic work and motivate lecturers across public universities.
“All matters relating to the review of conditions of service have been duly addressed, except those that
“We lost her to insecurity and inefficient medical services.
“We thank the police and the Department of State Services for the arrest of the suspected culprits responsible for Sommie’s death.”
Awosemo thanked everyone for the outpouring of support and condolences the management had received from the presidency to governors, ministers, corporate bodies, and individuals.
He said, “However, we will be better consoled and comforted when the necessary actions are taken to improve our security and health care in a way that there will be an end to avoidable tragedies such as the one that has brought us here this evening.”
Former governor of Edo State, Senator Adams Oshiomhole, described Maduagwu as a
be recuperating in his Abuja home.
Onanuga, who confirmed the news, told reporters yesterday that, “Yes, he’s indisposed. Wale Edun is about 69 years old. He suddenly fell ill. As we are talking, he is in Nigeria. He is recuperating. He’s around.”
Other presidency sources, have however dismissed claims that Edun suffered a stroke or had already been
are within the jurisdiction of individual university governing councils, which are actively being handled. The federal government remains open and committed to continued engagement with ASUU once their formal response to the offer is received,” the statement read.
The ministers emphasised that the government has approached the matter with demonstrable commitment and sincerity, evident in its prompt policy responses and financial interventions in the education sector. However, they stated that ASUU has not reciprocated this gesture and appears determined to proceed with the planned strike despite the pending offer and ongoing engagement.
The government reaffirmed that the current administration remains unwavering in its commitment to the welfare of Nigerian lecturers and the stability of the university system, noting that the ongoing reforms in the education sector are anchored on
woman who discovered early in life why she was born — to challenge societal imperfections and contribute meaningfully to nation-building.
“She wasn’t born to lament the failings of society, but to change them,” Oshiomhole said, urging Nigerians to live impactful lives, as death remains beyond human control.
Senator Victor Umeh recalled the shock of hearing the news of Maduagwu’s passing, stating that her short but vibrant life mirrored that of saints who were remembered more for their impact than longevity.
“The number of years you live doesn’t matter, but the impact you make,” Umeh said.
Earlier, describing the late Sommie as "very diligent with her assignment", Christian Ogodo stated that Arise News channel would miss the sweet
flown abroad for treatment.
“Yes, he’s indisposed. He’s sick, which is a bit serious, but it’s not a stroke,” a source clarified, corroborating the fact that the minister was currently resting at home.
Another senior official, who preferred anonymity, equally dismissed rumours that the minister suffered a stroke or had been flown abroad for treatment.
“Yes, he’s indisposed. He’s
Adelabu
fairness, accountability, and institutional strengthening to ensure sustainable academic excellence.
While reaffirming the administration’s respect for university autonomy, the ministers clarified that certain aspects of ASUU’s demands—particularly those relating to internal governance, appointments, and promotions— are statutory responsibilities of university governing councils. They urged the union to allow these matters to be handled appropriately at the institutional level in line with existing regulations.
They also reminded the union that the principle of “No Work, No Pay” remains an extant provision of Nigerian labour law, and the Federal Government will invoke it should ASUU proceed with the strike.
“While the government remains committed to peaceful dialogue, it will equally enforce existing laws to protect the integrity of our education system
life she embodied, adding that she imprinted her feet in the sands of time.
ARISE Director of News, Summer Sambo, commended Obaigbena for his fatherly role since the unfortunate incident.
Sambo said, “We've all been through a lot, from the newsroom staff to the family.
It’s been very difficult actually saying so much about Sommie.”
For Rufai Oseni, an Arise News Morning Show Anchor, Nigerians should ensure Sommie’s light continued to shine by focusing on the things she loved.
Oseni said, "It is going to be well ... I know it doesn't make sense now but some day it will."
Another Arise News Morning Show anchor, Orjy Okpe, said the station took solace over Sommie’s death knowing that the perpetrators would face
sick, which is a bit serious, but it’s not a stroke. As I’m talking to you, he’s in his house. He has not been flown anywhere.
“Of course, he might seek medical attention elsewhere if the doctors say that it is necessary. So, it’s not true that he has stroke. He doesn’t have stroke, which is why we put it in the statement that he is indisposed,” he stated.
Yet, another presidency
and ensure accountability,” the statement warned.
The government assured Nigerians that it remains open to constructive engagement with ASUU and other stakeholders in the education sector, stressing that the administration’s consistent interventions demonstrate a clear commitment to revitalising universities, improving staff welfare, and ensuring uninterrupted academic calendars.
“The government has shown sincerity and commitment through a series of engagements and policy actions. We are confident that with continued dialogue, every legitimate concern can be resolved without shutting down our campuses. Our students must remain in school,” the statement added Earlier, ASUU declared a twoweek warning strike, starting from midnight of Sunday to protest unmet demands by the federal government.
Continued on page 44 of the national grid as well as outages which have become a routine.
justice. While mourning that Sommie was taken away too soon, Okpe urged everyone to live with renewed commitment to making a difference like Sommie did. In their tributes, family members and friends lamented that her death had created a huge void that would be difficult to fill.
Miss Amaka Maduagwu, stated that Sommie would be remembered for the good life she lived.
Describing her as kind, pure, and soft-spoken, Amaka stated that her late cousin was always there "to encourage me anytime I needed someone talk to".
Two other cousins of hers, Neche and Chidinma Maduagwu (twins), disclosed that Sommie was very important to her family and friends, adding that she was her mum's best friend and her sister's confidant.
official confirmed that Edun was receiving care from Nigerian doctors and might seek medical attention abroad if the need arose.
“He’s being attended to by Nigerian Doctors. They’re still monitoring him. If he needs medical care outside Nigeria, he will go. But he’s still at home. There are no plans to replace him,” he told The Whistleblower, an online news portal.
Rising Revenues: CPPE Seeks Efficient Spending by FG, States, LGs
Cautions against activation of 5% fuel levy for road maintenance
Dike Onwuamaeze
Following increasing government revenues as a result of ongoing fiscal reforms, the Centre for the Promotion of Private Enterprise (CPPE), has advised all tiers of governments to focus on enhancing spending efficiency and aligning fiscal outcomes with real economic performance.
delivered important progress in expanding revenue and improving fiscal sustainability.
The Chief Executive Officer of CPPE, Dr. Muda Yusuf, gave this advice yesterday in a policy brief titled "Nigeria's Fiscal and Tax Reforms", advising that the country's fiscal and tax reforms have
"The next phase must focus on deepening revenue diversification, enhancing spending efficiency, and aligning fiscal outcomes with real economic performance," he advised.
Yusuf said that with prudent management, stakeholder collaboration, and social sensitivity, these reforms can lay a solid foundation for a more resilient, productive, and inclusive Nigerian economy.
According to him, Nigeria is undergoing a major fiscal transition
Dangote Cement Opens Operation in Cote d'lvoire, Unveils 3m Tonnes Per Annum Plant
Peter Uzoho
Nigerian manufacturing giant, Dangote Cement, a subsidiary of Dangote Group, has officially launched its operations in Attingué, some 30 kilometres from Abidjan, the Ivorian capital, marking a breath of fresh air for the construction industry and local employment in the francophone country.
Managing Director of Dangote Cement Côte d'Ivoire, Serge Gbotta, made the announcement at Novotel Abidjan-Marcory, according to a statement by Dangote Group.
Covering an area of 50 hectares, the plant, the group
said, has a production capacity of three million tonnes of cement per year, making it one of the group's largest facilities outside Nigeria.
The statement said the strategic project, with an estimated investment of 100 billion CFA francs, embodied Aliko Dangote's vision of building a self-sufficient Africa that was less dependent on imports and capable of transforming its own resources into world-class finished products.
With the facility, the group said Côte d'Ivoire became the 11th African country to host a Dangote Cement production
unit.
The group, which has a total capacity of 55 million tonnes per year on the continent, intends to contribute to the development of Ivorian infrastructure and meet the growing demand for construction materials, driven by rapid urbanisation and major construction projects in the country.
According to forecasts, the Attingué plant can generate more than 1,000 direct and indirect jobs. This represents a significant boost for young people in Côte d'Ivoire, but also for the ecosystem of local small and medium enterprises
(SMEs) – transporters, building tradespeople, retailers, suppliers and subcontractors.
At the launch ceremony, Chief Executive Officer of Dangote Cement Côte d'Ivoire, Gbotta, reiterated the company's philosophy.
Gbotta said, "Our ambition is clear: to offer Ivorians internationally-standard cement, produced locally, at a competitive price.
“The Attingué plant is not just an industrial unit, it is a symbol of confidence in the future of Côte d'Ivoire and a commitment to sustainable development alongside local communities."
Sterling Oil Says It Has Achieved 25% Emissions Reduction, Adopts CNG Use for Equipment, Vehicles
Bags NAEC sustainability award
Peter Uzoho
Sterling Oil Exploration and Energy Production Company (SEEPCO) has recorded a 25 per cent reduction in carbon emissions as of 2025, driven by its strategic sustainability initiatives that include converting over 90
percent of its vehicle fleet to compressed natural gas (CNG), upgrading its marine barges for cleaner operations, and implementing broad environmental programmes across its facilities.
The Head of Human Resources and Industrial Relations, SEEPCO, Dr.
Chris Offokansi, disclosed this while delivering his organisation's goodwill message at the justconcluded 2025 Annual Conference of the Association of Energy Correspondents of Nigeria (NAEC), in Lagos, with the theme, "Nigeria's Energy Future:
Optimizing Opportunities and Addressing Risks for Sustainable Growth."
Since commencing operations in 2005, SEEPCO has steadily expanded its footprint in Nigeria’s oil and gas sector, achieving early
aimed at strengthening revenue mobilisation, fiscal sustainability, and economic resilience.
He said: "Two landmark policy measures — the removal of fuel subsidy and the unification of exchange rates — have significantly boosted government revenues, expanded fiscal space, and improved the capacity for public investment.
"Collections from Value Added Tax (VAT) and Company Income Tax (CIT) have also increased, reflecting stronger compliance and a gradual recovery in economic activities. Sub-
national governments are reporting higher revenues and increased allocations to agriculture, infrastructure, and social development." Yusuf, however, cautioned that rising inflation and currency depreciation have moderated the real value of these gains, underscoring the need for prudent fiscal management and realistic expectations. He said: "Recent reforms have driven strong nominal revenue growth as fuel subsidy removal has freed trillions of Naira in fiscal resources while exchange rate unification has boosted Naira-denominated oil revenues.
New Supplement Targets Maternal
Wellness in Nigeria
Folalumi Alaran in Abuja
A new health supplement aimed at improving the wellbeing of pregnant and nursing mothers has been introduced in Abuja, with comedian and actor Anita Asuoha, popularly known as Real Warri Pikin, unveiled as its brand ambassador.
The product, Mama Bear Gummies, was presented at an official signing and unveiling ceremony attended by health and media representatives.
It is described as a NAFDACapproved vitamin supplement developed to support women during and after pregnancy.
Speaking yesterday at the event, Asuoha said the initiative aligns with her commitment to wellness and maternal health.
“It’s often difficult for women, especially those above 30, to keep up with pills and supplements. This offers an
easier and more convenient option,” she said. She advised women to take prenatal and postnatal care seriously, stressing the importance of proper nutrition during pregnancy and after childbirth.
The unveiling coincided with the International Day of the Girl Child, where Asuoha urged young girls to remain focused and authentic.
“Don’t believe everything you see on social media. Take life one day at a time and stay grounded in your reality,” she advised.
A representative of the company behind the product, Mrs. Rosalind Okpara, said the supplement was designed to make vitamin intake easier for women.
“It contains essential nutrients required to keep both mother and child healthy,” she noted.
L–R: Executive Director, Pistis Empowerment Foundation, Pastor Leonard Thomas; General Counsel and Head of Global Missions, The Elevation Church (TEC), Dr. Kola Fayemi; Global Co-Lead Pastor, TEC, Bola Akinlabi; Global Lead Pastor, TEC, Godman Akinlabi; Director of Global Ministry, TEC, Pastor Debo Omotunde; Group Head, General Services and Head of the Swift Network of Churches, Pastor Busola Wale-Siyanbola; and Resident Pastor, TEC Festac, Lanre Olokunde, during The Elevation Church’s 15th Anniversary Press Conference held in Lagos… recently
Eni Reports 20% Crude Output Rise in Abo Field, Lauds NUPRC’s Reforms
IOC says oil firms not leaving Nigeria
Emmanuel Addeh in Abuja
International Oil Company (IOC), Eni, has revealed a 20 per cent rise in crude production at its Abo asset in the Niger Delta, applauding the Gbenga Komolafe-led Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its recent reforms.
A statement by the Head of Media and Strategic Communications at the NUPRC, Eniola Akinkuotu, stated that this was disclosed when Komolafe received a high-level delegation from Eni at its Headquarters in
Jabi, Abuja.
The meeting, the statement explained, was for strategic discussions aimed at deepening collaboration to boost production, investment confidence and operational efficiency in Nigeria’s upstream oil and gas sector.
According to the commission, the visit underscored the growing optimism within the industry as Nigeria pursues its production target of 3 million barrels per day.
Besides, it underscored recent operational gains, which it said have strengthened this positive outlook, stressing
FG Seeks to Pull Over
300,000
Children from Danger of Malnutrition
Onyebuchi Ezigbo in Abuja
Federal Ministry of Health and Social Welfare has said that government is working with foreign and local partners in the health sector to improve the quality of diet of vulnerable children across the country.
Through a special intervention currently being mounted in 20 high risk states, the ministry said it hopes to facilitate the administering of Small Quantity, Lipid based Nutrient Supplements (SQLNS) to as many as 300,000 children facing threat of malnutrition in various communities.
Small quantity, Lipid based Nutrient Supplements (SQLNS) is a fortified lipid-based paste/spread that is intended to complement the diet of children aged 6-23 months with essential nutrients. It contributes to preventing
micronutrient deficiencies and stunting.
SQ-LNS for children contains, in addition to the protein and lipid macronutrients, 24 micronutrients (13 vitamins and 11 minerals) including the macro-minerals calcium, magnesium, phosphorus, and potassium.
Director of Nutrition Information System, Dr. Lekan Olubajo who spoke in an interview with THISDAY said the capacity training was meant to protect children, mostly under five years of age from malnourishment.
On why this supplement is important, he said: "that Malnutrition and Wasting is about 40 percent right now in the country. We have under five children who are malnourished and the malnutrition is becoming one of the public health challenges in Nigeria.
that the production rise is the company’s first production overrun in decades.
This improvement, it said, was attributed to reduced vandalism, improved asset security, and enhanced operational capacity, particularly in deepwater operations.
In his remarks, the Director Upstream at Eni, Mr. Luca Vignati, emphasised the
positive shift in Nigeria’s operational landscape due to the recent changes to encourage investment and support additional production.
“Nigeria’s production landscape has undergone a remarkable transformation over the last 18 to 24 months. This is a credit to the authorities for providing an enabling environment, and to
international oil companies that have recognised the opportunity to operate more efficiently.
“Contrary to popular perception, international companies are not leaving Nigeria; they are simply moving further into deepwater operations,” Vignati clarified.
Vignati stated that there are now clear signs of improved operational stability, reduced
vandalism, and growing investor confidence in the nation's oil sector. He added: “For the first time in decades, ENI is producing above budget in Nigeria, with a 20 per cent increase at the Abo asset. This is a clear sign of improved operational stability, reduced vandalism, and growing investor confidence in the country’s upstream sector.”
NCDC, Partners Launch Campaign to Check Antimicrobial Resistance
Onyebuchi
Nigeria Centre for Disease Control and Prevention (NCDC), Dr. Ameyo Stella Adadevoh (DRASA) Health Trust, and Centre for Infection Control and Patient Safety (CICaPS), University of Lagos, have flagged-off an initiative to translate antimicrobial resistance (AMR) messaging into indigenous languages in a bid to increase public understanding of the dangers posed by the health challenge. Antimicrobial resistance (AMR) occurs when
microorganisms, like bacteria, viruses, fungi, and parasites, evolve to withstand antimicrobial drugs, making infections harder to treat.
Due to its strange manifestations and the technique associated with the prevention, the public has not been able to fully understand the dangers posed by antimicrobial resistance to human life.
Speaking during the launch of the SayAMR Language Hackathon campaign, being undertaken by NCDC, in collaboration with Dr. Ameyo Stella Adadevoh (DRASA)
Health Trust, Centre for Infection Control and Patient Safety (CICaPS), University of Lagos, and Committee of Vice Chancellors of Nigerian Universities (CVCNU), NCDC Director-General, Dr. Jide Idris, said the agency had embraced an innovative approach to public health protection that went beyond conventional, purely biomedical knowledge.
Idris said there was a need for stronger youth involvement and the use of local languages in public health messaging to tackle AMR, one of Nigeria’s
most serious health threats. He said innovative concepts like the Language Hackathon campaign on AMR had proven to be very effective in driving better awareness and understanding of public health issues.
According to the directorgeneral, the agency is implementing the National Action Plan on AMR (2024–2028) anchored on prevention, stewardship, and communication under the One Health approach linking human, animal, and environmental health.
NAEE to Brainstorm on Emerging Geopolitics of Nigeria's Energy Landscape
Emmanuel Addeh in Abuja
The Nigeria Association for Energy Economics (NAEE) will today (Monday) attempt to dissect the emerging geopolitics of Nigeria's energy sector, hosting industry bigwigs, policymakers, academics, investors, and international
development partners to discuss the topical issue.
Speaking at a pre-event briefing for the 2025 NAEE Annual International Conference (AIC) at the weekend, the association’s President, Dr. Hassan Mahmud, said that the event holds from 12 to 14 October,
2025 in Abuja.
Themed: “Emerging Geopolitics of the Energy Landscape: Navigating Global Shifts and Implications for Developing Economies”, Mahmud said the theme reflects the realities of a rapidly changing global energy order.
“Across the world, we
are witnessing profound realignments in how energy is produced, traded, financed, and governed. The race towards cleaner energy, the reconfiguration of global supply chains, and the geopolitics of critical minerals are all reshaping the balance of power among nations.
Ezigbo in Abuja
BOOK PRESENTATION TO CHIEF EMEKA ANYAOKU...
L-R; Rainbow Book Club founder, Koko Kalango; Former Commonwealth Secretary-General, Chief Emeka Anyaoku; and Talking Books Africa host, Tarari Kalango presenting a book to Chief Anyaoku during a courtesy visit in Lagos ... recently
We, the Committee of Friends of the Usoro's family extend our sincere condolences to the family on the tragic passing of their beloved mother, DEACONESS (MRS.) ENO NNANA USORO (NÉE MMA INYANG) on April 25, 2025.
In their moment of grief, we urge them to focus on all the qualities that made Mama stand out among her peers in her lifetime.
SERVICE OF SONGS:
MRS ENO NNANA USORO
JUNE 30, 1946 - APRIL 19, 2025
OBSEQUIES
FUNERAL SERVICE:
Thursday, October 23, 2025
Time: 4 p.m. – 6 p.m.
Mount Zion Light House Full Gospel Church, Ikot, Akpa Ayara, Ndiya, Akwa Ibom State
NIGHT OF WORSHIP:
Friday, October 24, 2025
Time: 4 p.m. – 9 p.m.
Four Points by Sheraton, Ikot Ekpene, Akwa Ibom State
Saturday, October 25, 2025
Time: 10 a.m.
Federal Government College (FGC), Ikot Ekpene, Along Old Itu Road, Akwa Ibom State
Private Interment at Family Compound (Family members only)
RECEPTION (Strictly by invitation)
Saturday, October 25, 2025
Time: 2 p.m.
Four Points by Sheraton, Ikot Ekpene, Akwa Ibom State
DRESS CODE: Aso Ebi
Colours of the Day: White, Gold with a touch of turquoise
THANKSGIVING:
Sunday, October 26, 2025, Time: 10 a.m.
Mount Zion Light House Full Gospel Church, Ikot, Akpa Ayara, Ndiya, Akwa Ibom State.
13th October 2025
THE VICE CHANCELLOR UNIVERSITY OF NIGERIA NSUKKA.
DEAR SIR,
RE: THE ACADEMIC RECORD MANAGEMENT PROBLEM AT UNN AND THE URGENT NEED FOR CORRECTIVE ACTION
In the last few days and weeks, information emanating from the University of Nigeria, Nsukka, showed that the management of the University issued two conflicting letters in respect of the status of a former student of the University, Chief Uche Nnaji, who, until recently, was a Minister of the Federal Republic of Nigeria. One of the letters confirmed that Chief Nnaji graduated from the University, while the other letter stated that the same Chief Nnaji did not graduate from the University. This action, that is, issuing two conflicting letters about the academic tenure of a student questions the most fundamental values of the University of Nigeria and potentially, undermines the sixty-five-year record of the University as a trusted repository of academic records and a credible link in the universal knowledge production ecosystem. For context, the last time there was a “rumour” of the leakage of one examination subject in the eighties while we were students the entire University examinations were suspended, and a high-level panel of professors was constituted to investigate the allegation. This was the standard of our alma mater that we have come to accept as a given baseline.
This letter serves to draw your attention to the above facts, but also to alert you to the impact of this incident, if left unresolved, on thousands of alumni of the university, professionals in employment, teachers , researchers, and others whose records are held in the University registry, and whose academic progress, employment progression , visa applications at various embassies and high commissions ,admission applications to post graduate programs across the world , and so many others, rely on the institutional credibility of UNN as reflected by the records management system in place.
To be sure, the political controversies incidental to the issue are hard to ignore, but I invite you to refuse to be distracted by the politics of the issue, because political cycles will come and go and Nigerian politicians always end up resolving amicably, even the most complex disagreements between themselves and easily recover from the most damaging scandals. But what cannot be redeemed is the potential devaluation of the status of the UNN certificates and its standing in the global ranking of universities. For the thousands of alumni, like my humble self, who earned our degrees with hard work and grit and are proud of our UNN legacy, this letter is presented as a call to urgent action for your administration by way of the following recommendations.
1. Constitute an investigative committee made up of relevant members of the UNN academic community, but including one representative from each of the following bodies
• The Nigeria Bar Association
• The Nigerian Union of Journalists
• The Academic Staff Union of Universities
• The UNN Alumni Association
The mandate of this committee should be as follows.
To investigate the full circumstances surrounding the issuance of the two conflicting letters by the University in respect of Chief Nnaji.
To determine if, and what, University guidelines and regulations were breached in the course of issuing the letters.
To determine if any person or persons were culpable in the process and to recommend appropriate punitive actions for any person or persons found culpable.
To recommend immediate corrective actions to be implemented to safeguard the integrity of the University’s records management processes and ensure that there is no recurrence.
It is important that the reports of the committee and actions taken following the recommendation of the committee are made public and given the widest possible publicity.
It is also important that the above actions be completed expeditiously, and certainly within the next 60 days, to avoid prolonged damage to the reputation of UNN, Nigeria’s premier University. The importance and urgency of implementing the above corrective actions as recommended or in any other form that your administration may determine towards the same objective of preserving the status of UNN as a respected citadel of teaching and research and a trusted repository of academic records must command your attention.
Yours respectfully,
CHARLES NWODO JR PRESIDENT UNN STUDENTS’ UNION (1982-1983)
www.thisdaylive.com
A SIGNAL FROM NEARBY FOOG women rally behind Oborevwori and Tinubu ahead of 2027 election, writes MARK SULAIMON
See page 21
THE KING OF BOYS
SEUN AWOGBENLE pays tribute to Seyi Tinubu, son of the President, at 40
See page 21
opinion@thisdaylive.com
SONNY IROCHE argues the need to bridge the gap between Nigeria and the United States’ federalism
FEDERALISM AND ELECTORAL INTEGRITY
In the tapestry of modern democracies, few threads are as intricate as federalism, the delicate balance of power between central authority and subnational entities. Nigeria, Africa’s most populous nation and a federal republic since its independence in 1960, has long modeled its governance after the United States, the cradle of modern federalism. Both countries operate under presidential systems, where an elected executive wields significant influence while sharing sovereignty with states. Yet, as Nigeria grapples with electoral turbulence and calls for reform ahead of future polls, a comparative lens reveals stark similarities and divergences. This article explores the devolution of powers, the nuances of presidential practice, and electoral administration in both nations. It also probes Nigeria’s historical electoral scars, the annulled June 12, 1993, election and the contentious 2023 vote, while spotlighting the recent nomination of Professor Joash Amupitan as INEC chairman. Finally, it argues that if Nigeria emulates the American model, it must do so holistically, with amendments that surpass U.S. shortcomings, perhaps through innovative tools like artificial intelligence (AI).
At its core, federalism in both countries aims to accommodate diversity within unity. The U.S. Constitution, ratified in 1788, established a system where states retain “powers not delegated to the United States by the Constitution, nor prohibited by it to the States.” This “dual federalism” evolved into “cooperative federalism,” with states handling education, policing, and local infrastructure, while the federal government oversees defense, foreign affairs, and interstate commerce. Nigeria’s 1999 Constitution (as amended) mirrors this in Chapter 1, declaring a “Federal Republic” with 36 states and a Federal Capital Territory. Exclusive federal powers include currency, aviation, and prisons, while concurrent lists cover health, education, and agriculture, and residual powers fall to states.
Devolution of powers, however, reveals profound differences rooted in history and scale. The U.S. federal system emerged from 13 sovereign colonies wary of centralized tyranny post-British rule, fostering robust state autonomy. States generate significant revenue through property taxes and sales levies, contributing to a fiscal federalism where federal grants-in-aid (about 30% of state budgets) encourage cooperation without coercion. This has enabled innovations like California’s environmental regulations or Texas’s energy policies, often influencing national standards.
Nigeria’s federalism, by contrast, is more unitary in practice, a legacy of military rule
that centralized control to manage ethnic tensions. The federal government controls over 50% of revenue via oil, distributing it through the Federation Account Allocation Committee (FAAC), leaving states dependent on allocations, often delayed or politicized. This “fiscal centralism” stifles state initiative; governors, while powerful executives, lack the fiscal muscle to devolve meaningfully to local governments, which receive a mere 20.6% of revenues but are often starved of autonomy. Similarities abound in bicameral legislatures, the U.S. Congress and Nigeria’s National Assembly, both designed to balance regional interests. Yet, Nigeria’s Senate, with three senators per state, amplifies smaller states’ voices more than the U.S. equal-per-state representation, though gerrymandering plagues both.
The presidential system further underscores these parallels and pitfalls. In both nations, the president is head of state and government, elected indirectly via an electoral college in the U.S. (requiring 270 of 538 electors) and directly in Nigeria (needing 25% in two-thirds of states plus a plurality). Checks and balances are enshrined: presidents veto legislation, but Congress or the National Assembly can override; judiciaries interpret laws independently. Similarities shine in executive dominance, U.S. presidents like Franklin D. Roosevelt expanded powers through New Deal agencies, akin to Nigerian presidents’ control over security and economy.
Differences emerge in practice. American presidents face an “imperial” critique for war powers and executive orders, but congressional oversight and federalism dilute this; state governors often defy federal mandates, as seen in marijuana legalization despite federal prohibition. Nigeria’s system, however, tilts toward “imperial presidency” due to weak institutions. Corruption scandals in Nigeria, like those involving past administrations, erode trust, contrasting the U.S.’s more robust anti-corruption mechanisms via independent prosecutors. Electoral administration epitomizes
these disparities, particularly in appointing officials. Nigeria’s Independent National Electoral Commission (INEC) centralizes federal and state elections under one body, with the chairman appointed by the president and confirmed by the Senate. This includes 37 resident electoral commissioners (one per state and FCT), appointed by the president on INEC’s recommendation, ensuring national uniformity but risking executive interference. INEC oversees voter registration, ballot issuance, and result collation for all levels, a “one-stop shop” model that streamlines but centralizes power perilously.
The U.S. eschews such centralization, embodying true federal devolution. No national electoral body exists; the Federal Election Commission (FEC) regulates only campaign finance, with commissioners appointed by the president and confirmed by the Senate in bipartisan fashion.
Actual elections, voter rolls, polling, certification, are state prerogatives. Each of 50 states has a chief election official, often the secretary of state (elected in 36 states, appointed in others by governors), answerable to state legislatures. This decentralization fosters innovation, like early voting in Florida or mail-in ballots in Oregon, but invites inconsistencies, as in 2000’s Florida recount fiasco.
If Nigeria tries to mirror the U.S., it must adopt this decentralized system fully, not superficially. Amending the 1999 Constitution to empower State Independent Electoral Commissions (SIECs) with full autonomy, appointing their own officials without federal veto, would devolve power genuinely. Yet, improvements could eclipse the U.S.: Mandate national standards for technology (e.g., biometric verification) while allowing state experimentation, creating a hybrid “cooperative electoral federalism.” This would address Nigeria’s over-centralization, where INEC’s national grip often delays state polls, as in recent off-cycle governorship elections.
Nigeria’s electoral history underscores the urgency.
The June 12, 1993, presidential election, widely regarded as the freest, saw Moshood Kashimawo Olawale (MKO) Abiola of the Social Democratic Party triumph with 58% of votes. Yet, the military administration of General Ibrahim Babangida annulled it amid spurious “logistics” claims, triggering protests and Abiola’s 1998 imprisonment, cementing June 12 as Democracy Day but exposing military meddling’s scars.
Iroche is the CEO of GenAI Learning Concepts Ltd , a pioneer AI consulting company in Nigeria
FOOG women rally behind Oborevwori and Tinubu ahead of 2027 election, writes MARK
SULAIMON
A SIGNAL FROM NEARBY
In Warri, Delta State’s oil-rich heartland, the atmosphere was electric, part celebration, part declaration of loyalty. The occasion was the birthday of Chief Esther Ori Okotie-Eboh, popularly known as Iye of Warri Kingdom, and Convener of the FOOG Women Support Group (FWSG). But beyond the cutting of cakes and heartfelt tributes, the gathering carried a powerful political message: Delta women are mobilizing, and they are standing solidly with President Bola Ahmed Tinubu and Governor Sheriff Oborevwori as Nigeria inches toward the 2027 general elections. Speaking during the event, Mrs Okotie-Eboh reaffirmed her group’s commitment to grassroots mobilization, promising what she called “a tsunami of women participation” in support of both leaders. “President Tinubu and Governor Oborevwori have shown that leadership is about service, inclusion, and results. We have seen transformation, we have seen compassion, and we have seen action. As women, we are ready to stand firmly behind them in 2027,” she declared to thunderous applause. Her words reflect a growing sentiment across Delta State, one that credits Governor Oborevwori’s calm, inclusive style and President Tinubu’s economic reforms for stabilizing the nation and rekindling public confidence. Under the twin banners of Renewed Hope and MORE Agenda — Meaningful Development, Opportunities for All, Realistic Reforms, and Enhanced Peace and Security, both leaders have built a narrative of resilience and recovery. And for the FOOG Women Support Group, this vision has become personal. The FOOG Women Support Group, with structures across Delta’s 25 local government areas, is not just another political organization. It is a movement of mothers, professionals, market women, teachers, artisans, and community leaders, women who believe their voices and votes can shape the nation’s destiny. Chief Okotie-Eboh, a respected matriarch and businesswoman, said the group’s strength lies in its community focus. “We are not just mobilizing women to vote; we are empowering them to lead. Every woman above 18 in Delta must see herself as a stakeholder, not a spectator, in the development process,” she explained. In Delta’s political landscape, women’s networks have always been formidable. From mobilizing for social causes to shaping electoral outcomes, their influence runs deep. What’s changing now, analysts say, is that the energy is being channelled toward structured civic participation under the leadership of Governor Oborevwori, a governor increasingly seen as the people’s governor. Since taking office, Governor Sheriff Oborevwori has steadily grown in popularity, not through grandstanding, but through quiet, measurable impact. His approach to governance has been anchored on inclusivity,
peace-building, and people-oriented policies. In a state as diverse and complex as Delta, this is no small achievement. The governor has worked to ensure that every ethnic and political bloc feels represented, a reflection of his belief that “without peace, diversity becomes weakness.” Under his watch, the Delta State Advisory and Peace Building Council has effectively mediated communal disputes, while investments in roads, schools, and healthcare have continued across all senatorial districts. To many Deltans, Oborevwori represents a new kind of leadership — firm but empathetic, pragmatic yet people-driven. It is this brand of leadership that has endeared him to the grassroots and inspired groups like FOOG Women to align with his vision.
“Governor Oborevwori is not just building infrastructure; he’s rebuilding trust,” said Mrs. Elizabeth Okoloko, a retired teacher and member of FWSG in Ethiope East.
“When we see his humility and how he listens to ordinary people, we know our state is in good hands.” At the federal level, President Tinubu’s Renewed Hope Agenda continues to shape the national conversation around economic reform, empowerment, and inclusive governance. Despite the short-term pains of restructuring, the President’s insistence on laying a solid economic foundation resonates with many who understand the long-term vision.
For Chief Okotie-Eboh and her group, Tinubu’s political courage mirrors Oborevwori’s compassionate leadership. “Both men are reformers in their own right,” she said. “They understand that true progress requires difficult choices, but those choices are for the benefit of generations to come.”
The group has since embarked on a coordinated voter mobilization campaign that spans Delta’s three senatorial districts, Delta North, Delta Central, and Delta South, ensuring that the women’s voice is heard loud and clear ahead of 2027. Beyond politics, the FOOG Women Support Group carries the essence of community solidarity. Born out of the Friends of Oborevwori Group (FOOG) political family, the women’s arm has evolved into a formidable sociopolitical force focused on capacity building, skills acquisition, and mentorship for women and girls.
Sulaimon writes from Abuja
SEUN AWOGBENLE pays tribute to Seyi Tinubu, son of the President, at 40
THE KING OF BOYS
In Yoruba mythology, there is a concept known as finding one’s identity, irrespective of the circumstance of birth. Yorubas believe that the secret to a life of enduring success is not genetic or hereditary but in self-rebirth and personal transformation. In essence, those who want to be successful must start by finding their own purpose and true identity.
So, when Alh. Wasiu Ayinde (K1 the Ultimate) sang “Iyá àti bàbá wọn bí mi dá, Èmi gangan mo tún tún ra bí”, meaning while he has the fortune of noble birth, he has also had to reinvent himself. He was only alluding to this Yoruba mythology, which has become a time-tested secret of success.
In a world where those born into privilege could choose to be carried away by the trappings of wealth and all that it has to offer, Seyi Tinubu has instead chosen that path of rebirth and reinvention. From his time as a student at the University of Buckingham, where he qualified as a lawyer, to his call to the Nigerian Bar, after which he went ahead to establish one of Nigeria’s most successful advertising agencies and a non-profit that is focused on social impact. ST, as he is more fondly called, has demonstrated that he has the prodigious talent to assert himself and create his own legacy.
At least four things have come to define that legacy. The first is his entrepreneurial excellence, the second is his public philanthropy, the third is his eye for politics, and lastly, his uncanny ability to spot talents and turn them into superstars.
Loatsad Promomedia, which started in 2014 as Seyi Tinubu’s modest entrepreneurial effort, has become an industry leader in Out-of-Home (OOH) advertising and digital promotions. By his sheer brilliance and Midas touch, he transformed the business into a household name that has gained significant name recall in the hearts and minds of many Nigerians.
On public philanthropy, Seyi Tinubu and his wife, Layal, established Noella Foundation in 2018 as a way of giving back to society and expanding opportunities for marginalised and overlooked segments of society. Their clear focus on education, employability, healthcare and hunger education has had a direct impact on women, youth, children and the elderly.
Some of their initiatives through Noella include community water projects, funding for MSMEs and technical and vocational training for young people. Others include back-to-school support for children, women's empowerment, sickle cell awareness, skills development and employability training for young people.
Outside his entrepreneurial excellence and humanitarian efforts, Seyi Tinubu has always had an eye for politics, which is perhaps one of the several interests he shares with his father. It was therefore not surprising to see the formidable role Seyi Tinubu played before, during, and after the election, which brought in Asiwaju Bola Tinubu as president in 2023.
Seyi Tinubu deployed his extensive network for the election and rallied major youth blocs and stakeholders behind his father, Asiwaju Bola Tinubu. During a time when he could choose to put his feet up in Monaco or any other holiday destination, he chose to stand by his father to provide him with fortitude and strength during a trying political campaign.
Perhaps this explains the reason he is one of the most influential personalities around Nigeria’s corridors of power today, where he has continued to play a pivotal role by acting as a bridge for youth inclusion and a voice of reason who ensures that no detail misses the attention of the President. Unlike what we experienced in the past, this son of the President has chosen to be hands-on and visible and not a pushover. His role in mainstreaming youth participation in politics and governance today cannot be understated. It is for him that several young people currently occupy key positions in the Presidency, Ministries and Agencies (MDAs). Perhaps, it is for this reason that he has soon earned himself the title King of Boys.
On a personal level, I have developed admiration for his authentic and relatable nature; they are the sort of qualities that people want to see in their leaders, not just in Nigeria but elsewhere in the world. This demand for authenticity is partly responsible for the rise of right-wing politics all over the world, as opposed to the overly choreographed style of the left. I digress. You never know where you may meet him. From concerts to music shows, football venues, Ramadan Iftar or even polo fields, Seyi Tinubu’s approach has significantly demystified the mystique around power. Therefore, in finding his own identity, despite the circumstance of his birth. Seyi Tinubu’s journey is a lesson in self-rebirth and reinvention and a testament to the time-tested belief that the secret of great success is in personal purpose and identity.
Happy birthday to Seyi Tinubu, and many happy returns to him as he continues to use his influence to advocate for investment in our young people and greater youth inclusion.
Awogbenle, a development and public policy professional, writes from the United Kingdom. He can be reached via seunawogbenle@gmail.com
AN AVOIDABLE ASUU STRIKE
It is in the nation’s interest that the strike is urgently resolved and called off
It is unfortunate that the Academic Staff Union of Universities (ASUU) last night commenced a two-week warning strike, saying the period was a window for the federal government to conclude negotiations with it. ASUU president, Chris Piwuna, who announced the strike, accused the federal government of insincerity in the negotiations on the union’s demands. We hope that the authorities in the education sector will work to quickly resolve this issue before another needless disruption in the academic calendar of tertiary institutions in Nigeria.
For more than two decades, ASUU has consistently made claims about some hundreds of billions of Naira that lecturers are owed by the federal government. Last month, the Federal University Oye-Ekiti branch of ASUU commenced an indefinite strike over their unpaid salaries, with a warning that it would soon be national. So, this strike is no surprise. But whatever the issues in dispute may be, it is important for the federal government and ASUU to find common grounds before the nation’s tertiary institutions are grounded again in a manner that could further damage whatever remains of their credibility.
still outstanding between them and the federal government. Strikes have contributed significantly to the decline in the quality of graduates of our public universities. The hurried academic calendars, following the end of industrial actions, allow for very little attention to serious studies or research. That is why our public universities have continued to go down the ladder of academic ranking, even among their peers in Africa.
Strikes have contributed significantly to the decline in the quality of graduates of our public universities
T H I S D AY
EDITOR SHAKA MOMODU
DEPUTY EDITOR WALE OLALEYE
MANAGING DIRECTOR ENIOLA BELLO
DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU
CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI
EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN
Students in our universities have suffered enough in recent years and this administration should work with ASUU so that the campuses can be reopened for classes. The federal government and ASUU had since 2009 been locked in running battles over the implementation of agreements on the funding of the country’s public universities. The consequences have been lengthy industrial strikes, with the attendant debilitating effects on educational development in particular, and academic pursuits in general.
We believe that early intervention is important. Nigeria and Nigerians will be the losers should ASUU continue this strike to force the implementation of whatever agreements are
THE OMBUDSMAN KAYODE KOMOLAFE
T H I S D AY N E W S PA P E R S L I M I T E D
EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA
GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU
DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, ANTHONY OGEDENGBE
DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO TO SEND EMAIL: first name.surname@thisdaylive.com
Beyond resolving the immediate issues, stakeholders in the sector must begin to fashion enduring solutions to what has become a persistent problem. We cannot shy away from the fact that under-funding the education sector has had collateral damaging effects on the country, such that our universities have now become grotesque carcasses of their former glorious selves. But dealing with the challenge requires more than seasonal strikes by ASUU whose members must understand that their fixation with government funding and free tertiary education is unrealistic. The federal government also needs to understand the primacy of constant dialogue, especially given the current realities. Going forward requires other critical stakeholders in the education sector joining in the efforts to find a lasting solution to what has become a perplexing national challenge. In doing this, the federal government should take the initiative, so that we can collectively come up with ways to reposition tertiary education in the country. It is unfortunate that disputes are always occasioned by the broken promises and unfulfilled agreements. Yet there is no way we can develop the country until efforts are made to revitalise key sectors like education. What the foregoing therefore means is that the current strike by ASUU is not in the interest of the nation. While we call on the lecturers to temper their expectations with realism, we also hope the Minister of Education, Tunji Alausa and his team will do everything within their powers to end this strike before it cripples tertiary education in our country.
IN PRAISE OF BILLY UMAR GARBA
We are writing this open letter because of the need for our country to get it right this time when all over the world our citizens in the diaspora are seen to be hugely taking ownership of the renewed hope agenda by contributing there own quota to the growth and development of our country. In our determination as citizens to make our country better, especially in its reward system which have severally been bastardized in the past, and in our determination to move away from the past where people who are not deserving of the national awards are recognized to the detriment of our people, we hereby put forward the name of Hon. Mrs. Billy Umar Garba for your consideration as one of those to be bestowed with a national honor award.
Mrs. Billy Garba is one of our most detetermined, confident, and multifaceted businesswoman with a global perspective and the ability to lead across diverse fields. She is today one of the most respected entrepreneur and a stabilizing po-
litical leader that have over the years established a strong reputation both in her local community and on the international stage. Hers was built on a foundation of integrity, vision and unwavering commitment to affecting positive changes. At the core of her work lies a profound passion for empowering women and children, two groups she always believe hold the keys to transforming societies. Her involvement in politics is basically driven by a deep desire to contribute to good governance and create an environment where the voices of marginalised individuals are heard clearly and valued. She views politics as a platform to address systemic inequalities, advocates for social justice and foists an inclusive society that prioritizes the well being of all its members.
We are putting her name forward because in the course of our investigation into her life story we discovered she is committed to making a tangible difference in the lives of those who need it most. Whether through grassroots initiatives
or international collaborations, her focus have always remained on resolving pressing social issues, improving access to resources and ensuring that all vulnerable people especially women and children are given the opportunity to strive. Her work is rooted in a belief that true leadership involves not only on inspiring others but also on taking concrete actions to improve their lives. The inner fulfilment she gains from serving others and seeing real positive changes in her community motivates her in continuing to pursuing those goals.
Propelled by her activities, and the joy of seeing the results of her programmes which have brought smiles on the faces of those who once felt voiceless and forgotten, we urge you to pick her as one of the deserving candidates for national honor.
Engr Yusuff Hussaini, DG, Tinubu Presidential Ambassadors of Nigeria and Diaspora
Chairman,Tantita Security Services Ltd
Email: deji.elumoye@thisdaylive.com
08033025611
Amupitan: Need for Thorough Confirmation Screening By Senate
Last Thursday, the National Council of State approved the nomination of Prof. Joash amupitan as new Chairman of the Independent National Electoral Commission. Adedayo Akinwale in this report stresses the need for the Senate to be thorough with the confirmation screening of the Kogi-born Senior advocate of Nigeria.
Ever since the nomination of Prof. Joash Ojo Amupitan as the new Chairman of the Independent National Electoral Commission (INEC) was okayed by the National Council of State, it has elicited a lot of reactions.
Expectedly, congratulatory messages from stakeholders in election management, friends, and political parties have taken over the civil space.
On the other hand, opposition parties have cautiously maintained optimism over this appointment.
Investigation also revealed that President Bola Tinubu may have forwarded Amupitan’s name to the Senate for confirmation.
After a few days of honey moon after being confirmed by the Senate, Amupitan’s first baptism of fire will definitely be the forthcoming off season elections. His immediate task would be to conclude the preparation for the conduct of the Anambra State governorship election scheduled for November 8, 2025.
This would be followed by the Area Council elections in the Federal Capital Territory (FCT) in February, 2026; Ekiti State governorship election is scheduled for June, 2026; while the Osun State Governorship election will hold in August, 2026.
The new INEC boss will also be confronted with the management of political parties’ primaries ahead of the 2027 elections. While the parties would be the ones organising their primary elections, the electoral body’s responsibility is to monitor and ensure that primaries are conducted in line with the Electoral Act and INEC guidelines.
Experience has shown that the less rancorous the primaries are, the less legal battle and pre election matters INEC political parties would face ahead of the 2027 elections.
With the expected confirmation of Amupitan’s appointment by the Senate, political pundits have warned that the Senate must not ‘rubber-stamp’ the nomination.
Observers were of the opinion that the credibility of Nigeria’s electoral process, already under public scrutiny after the 2023
general election, now depends on how transparently the Senate manages the confirmation hearing.
They said the credibility of Nigeria’s democracy now rests heavily on the Senate’s integrity, while cautioning the legislators against hasty or politically motivated confirmation that could deepen public cynicism towards the electoral process.
Spokesperson of the main opposition party, Peoples Democratic Party (PDP), Debo Ologunagba while reacting to Amupitan’s nomination said he recognised the constitutional process that allows the President to nominate through the Council of State, which has now been done.
The opposition party pointed out that INEC being critical to the sustenance of democracy in Nigeria, it expects the Senate to do its job diligently.
He emphasised that the position of PDP has always been the need to build strong institutions adding that when institutions work, it matters
little who heads them because the systems themselves ensure accountability.
Ologunagba, however, warned that another era of ‘technical glitches and inconclusive polls’ could inflame public disillusionment.
“If the nominee is confirmed, he must recognise that he carries a heavy responsibility for democracy’s future in this country. Nigerians, and indeed the world, are watching. There can be no repeat of the glitches, inconclusive elections, and excuses of the past.
“Democracy thrives when the process of producing leaders is transparent, credible, and trusted by the people. That legitimacy is what makes government responsive to its citizens. We therefore hope the Senate will do justice to this nomination in the interest of democracy and good governance,” he said.
On its part, a group, Vanguard for Credible Representation, said while his appointment should have elicited jubilation, times have shown to us that people do change.
It’s Executive Director, Akinloye Oyeniyi, told THISDAY that he hoped Amupitan practise or execute all his fine recommendations on electoral rule he has canvassed for.
He stated: “Ordinarily the appointment of
Observers were of the opinion that the credibility of Nigeria’s electoral process, already under public scrutiny after the 2023 general election, now depends on how transparently the Senate manages the confirmation hearing. They said the credibility of Nigeria’s democracy now rests heavily on the Senate’s integrity, while cautioning the legislators against hasty or politically motivated confirmation that could deepen public cynicism towards the electoral process.
Professor Joash Ojo Amupitan as Chairman of the Independent National Electoral Commission (INEC) by President Tinubu should be something to jubilate about, but times have shown to us that people do change.
Though it is not our prayers that this one does.
“Apart from his good standing in the society, Prof Amupitan has an impressive array of academic, professional and administrative credentials, one of which is electoral reform.
As a Professor of Law, a Senior Advocate of Nigeria (SAN), Deputy Vice-Chancellor of a University and a Pro-Chancellor and Chairman of the Governing Council of another, it is clear he is of good character.
“Prof’s blend of academic prowess, legal expertise, and administrative experience which positions him as a notable figure in Nigeria’s legal and electoral landscape, has now earned him where he would practise or execute all his fine recommendations on electoral rule making, rule application and electoral adjudication as reforms.
“It is our prayers that we witness enough reforms and global best electoral practices.”
However, a coalition of civil society organisations in Nigeria has reiterated its longstanding call for a transparent, inclusive and citizens-centred appointment process for the newly nominated INEC Chairman.
The coalition in a statement by the Executive Director of Yiaga Africa and Principal Partner of the Election Law Centre, Mr. Samson Itodo warned that the current state of Nigeria’s electoral process requires a fiercely independent INEC, which is immune to political manipulation, and unwavering in its commitment to credible elections.
He noted that the Council of State approval of the Commission chairman does not replace the duty of the Senate to conduct due diligence through rigorous and transparent screening processes that would inspire public trust, and consequently tasked the Senate on its constitutional duties.
Amupitan
Akpabio
Bamidele
The Central Bank of Nigeria (CBN) has so far raised an estimated N10.4 trillion via the Nigerian Treasury Bills (NTBs) 2025, about 1.09 per cent drop from N10.52 trillion raised in the same period in 2024, ‘Primary Market’ data by CBN has revealed.
The success is on the back of investors demand for risk-free instruments as they hedge against
double-digit inflation rate in the country.
NTB is a short-term debt instruments issued by a government at the primary market to raise funds and manage liquidity in the economy. It is considered one of the safest investments because it is backed by the government.
In the period under review, the CBN offered N8.7 trillion NTBs, about 51.1 per cent increase over N5.73 trillion
offered in corresponding period of 2024.
Total subscription by investors stood at N28.37 trillion, about 13.2 per cent drop from N32.71 trillion in 2024.
The CBN numbers revealed that the spot rates on 91-Day NTBs dropped to 15 per cent as of September 2025 auction from 17 per cent September 2024.
As rate on 182-Day moved from 17.5 per cent September 2024 to 15.3per
cent as of September 2024, the rate on 364-Day NTB closed September 2025 at 16.78 per cent from 20 per cent September 2024.
The CBN has been scaling back on elevated discount rates offered on NTBs due to strong demand and the fact that the benchmark interest rate has raced ahead of the country’s headline inflation that has seen decline in recent months.
By tightening its monetary policy through
higher interest rates and large NTB auctions, the CBN aims to curb rising inflation and stabilise the foreign exchange rate, thereby fostering a more balanced economic environment.
This have reflected in the dwindling inflation rate, currently at 20.12 per cent as of August 2025, to mark a decrease from previous months. This is the lowest rate recorded since July 2022, attributed to factors such as foreign
exchange stability and seasonal harvests.
THISDAY observed that investors demand for long maturities NTBs continued to grow as its stop rate reached 20.32 per cent as of Feb 5, 2025, the highest so far this year.
The variation in stop rates across tenors also offers insight into investor sentiment regarding short-, medium-, and long-term economic outlooks.
The Nigerian Exchange Limited (NGX) recorded an estimated N5.31 trillion worth of both Federal Government of Nigeria (FGN) Bonds and Corporates listings in the nine months of 2025 to underline capital market contribution to economy capital formulation.
The N5.31 trillion listings on the exchange is on the backdrop of banks raising fresh equity to meet the Central Bank of Nigeria (CBN) new paid-up capital thresholds.
Data obtained from the NGX showed that in nine months of 2025, corporates listed an estimated N2.23 trillion,
while FGN Bonds and Corporate bonds listing on NGX stood at N2.99 trillion and N84.5 billion, respectively.
The trading numbers revealed 10 banks listed N2.2 trillion or 98.7per cent out of the N2.23 trillion listed by firms in the period under review.
The 10 banks are: Wema Bank Plc, FCMB
Group Plc, Guaranty Trust Holding Company Plc (GTCO), Stanbic IBTC Holdings Plc and Sterling Financial Holdings Company Plc.
Others are: United Bank of Africa Plc (UBA), First HoldCo Plc, Fidelity Bank Plc, Zenith Bank Plc and Access Holdings Plc. UBA, N239.4billion; Fidelity
Bank, N175.85billion; FCMB Group, N167.67billion; First Holdco, First HoldCo, N149.56billion; Wema Bank, N147.8billion; Stanbic IBTC Holdings, N148.71 billion and Sterling Financial Holdings Company, N101.64billion.
According to THISDAY findings, GTCO, Access
Holdings and Zenith Bank have listed N369. billion, N351.01 billion and N350.46 billion, respectively in the nine months under review to meet the new minimum capital requirement set by the CBN for commercial banks with international authorisation.
^14.55
Kayode tokede
Kayode tokede
Letters of Credit Surge 33% on Improved Forex Liquidity
Improved foreign exchange liquidity and a more stable naira have spurred renewed trade activity in Nigeria’s financial markets, with the value of Letters of Credit (LCs) rising by 33.3 per cent year-on-year to N605.01 million in the first eight months of 2025, compared to N453.91 million recorded in the same period of 2024, according to Central Bank of Nigeria (CBN) data.
Analysts said the sharp increase in LCs underscores a rebound in import financing, renewed confidence among manufacturers and traders accessing the official forex window.
Analysts attributed the surge to improved dollar liquidity, tighter monetary discipline, and policy consistency under the CBN’s ongoing foreign exchange reforms, which have enhanced transparency and stability
LASG, Welbeck Electricity Partner to Provide Solar Lights at Lagos Bridges
Emma Okonji
In order to light up Lagos for enhanced visibility at night, the Lagos State Government and Welbeck Electricity have partnered on a project to provide electricity at various road bridges in the state.
The project started with the installation of 20 units of embedded automated solar street lights under the road bridge in front of National Stadium in
Surulere, Lagos, courtesy of Welbeck Electricity.
In addition to the solar street lights, the electricity company also provided several reflective vests for the Nigerian Police, as well as traffic booths for the Police and the Lagos State Traffic Management Authority (LASTMA).
in the Nigerian Foreign Exchange Market (NFEM).
“The sustained improvement in FX
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)
Speaking during the launch of the 20 units solar street lights, reflective vests and traffic booth at the weekend in Lagos, the member representing Surulere 1 Constituency at the Lagos State House of Assembly, Desmond Olushola Elliott, commended Welbeck for the initiative to light up Lagos, adding that the initiative will enhance visibility at night and enable the Police to work efficiently at night.
Lagos State Commissioner for Power, Hon Biodun Ogunleye, in his opening remarks, said the initiative to light up Lagos was another demonstration of what would happen when government and private sector work hand-in-hand for the good of the public.
liquidity and relative naira stability has made trade instruments like LCs more accessible. It signals a
gradual return of confidence among importers and local manufacturers who previously struggled to
access forex for raw materials and intermediate goods,” noted analysts at Cordros Capital.
CRMI, Experts Seek Reforms to Bolster Nigeria’s Economic Resilience
Nume Ekeghe
Risk management practitioners, economic experts and industry leaders have called for urgent institutional reforms, stronger data systems, and ethical governance to safeguard
Nigeria’s economy from recurring global disruptions and internal vulnerabilities. They made the call at the 24th Annual International Conference of the Chartered Risk Management Institute of Nigeria (CRMI), themed,
“Global Risks, Local Solutions,” held in Lagos.
In his opening address, President and Chairman of CRMI Council, Mr. Kevin Ugwuoke, stressed the need for Nigeria to move from reactive policymaking to a proactive, risk-based framework that anticipates
and mitigates shocks.
“Nigeria’s competitiveness and fiscal stability depend on how we anticipate, prepare for, and mitigate shocks. When managed intelligently, risk becomes the foundation for sustainable growth.
Transportation: Stakeholders to Appraise Growing Infrastructural Challenge
Chinedu Eze
Stakeholders in the nation’s transportation industry will x-ray the challenges posed by ailing infrastructure
in the transport sector of Nigeria’s economy and efforts made so far, and identifying ways forward in an upcoming summit.
The summit with the
theme: “Nigeria’s Transport Infrastructure: Innovation for a Sustainable Future,” is being organised by JustAlive Communications Limited, Publishers of
JustNet News, an online news reporting platform with major interest in transportation modes - Aviation, Maritime, Waterways, Rail and Road.
Concert to Raise N100m for Vulnerable Children
Kayode Tokede
Concert For Change, a non-profit initiative, has set a target to raise N100 million to support deserving charities that assist vulnerable children across Nigeria.
Green Worship 8.0, an
initiative of Concert For Change, held recently in Lagos aimied to raise funds for charities supporting orphans and children with disabilities.
The concert will feature a star-studded lineup of gospel artistes, including Nathaniel Bassey,
the plans moving forward, the convener of the event, Wale Adenuga, said, “This milestone stands as a testament to what God can do through people with willing hearts, proving that the miracle of five loaves and two fishes is still alive today.”
NIPOST Celebrates World Post Day
Emma Okonji
In commemoration of the World Post Day on October 9, 2025, the Lagos Mainland State of the Nigerian Postal Service
(NIPOST) has recognised three secondary school students that emerged top positions in the Universal Postal Union (UPU) School Letter Writing Competition, held across public and
private secondary schools in Nigeria.
In an address on the 2025 World Post Day, the Director General of the UPU International Bureau, Masahiko
Metoki, said the Postal Service would continue to celebrate the vital role of the postal sector as a lifeline, bringing essential services to everyone, everywhere.
STEM Education Receives Boost with Scholarship Fund
Emma Okonji
The Tosin Eniolorunda STEM Foundation has announced the launch of the Future Builders Fund, a scholarship initiative created to empower high-potential but under-
resourced students across Nigeria.
The pilot programme is designed to remove financial and structural barriers that prevent promising students from reaching their full potential in Science,
Technology, Engineering, and Mathematics (STEM) across Nigeria.
In recognition of the fact that nations need to strategically invest in preparing their youth to take advantage of the global digital economy,
the Tosin Eniolorunda STEM Foundation had donated a CAD/ CAM laboratory worth over N100 million to the Obafemi Awolowo University last year while supporting other initiatives.
Nume Ekeghe
L-R: International Container Terminal Services, Inc. (ICTSI) Director, Chidi Nzerem; ICTSI Vice President, Hans Ole Madsen; Minister of Marine and Blue Economy, Adegboyega Oyetola CON; Chairman of ICTSI Nigeria, Farouk Aliyu and Managing Director of Onne Multipurpose Terminal (OMT), Nicolo Scannavini, when the ICTSI delegation visited Oyetola in Abuja… recently
Over 1,000 Participants, 200 Exhibitors Expected at Solewant’s Energy Summit
Emmanuel Addeh in
Abuja
The Solewant Group, which provides specialised services to the African oil and gas industry, has announced that over 1,000 participants as well as 200 exhibitors are expected at the 9th edition of its annual Energy Summit.
The event will take place from November 27 to 28, 2025 at the Solewant Industrial Park, Alode-Onne, Port Harcourt, Rivers State, the organisers said.
The firm which provides cutting-edge pipe coating, steel fabrication, and specialty paints services, disclosed this during a media interaction in Abuja, where it outlined the objectives and focus of the upcoming summit.
General Manager, Business Development and Strategy, Felix Onyela, said the event themed: “Emerging Technologies and the Future of Sustainable Energy Development in Africa,” will bring together policymakers, regulators, academics, industry players, and investors to discuss ways of advancing technology-driven growth in Africa’s energy sector.
According to him, the summit will focus on domestication, technology transfer, and innovation in
areas such as pipeline coating, feed joint coating, and asset protection for oil and gas facilities.
“We need to deploy the best technologies in the world to strengthen our local systems. The goal is to indigenise these technologies, create jobs for young engineers, and build capacity that supports sustainable growth in the energy sector,” he said.
He explained that the summit would serve as a platform for stakeholders to exchange ideas, chart policy directions, and develop strategies to enhance industrial collaboration, similar to international forums like the Offshore Technology Conference (OTC).
“This is not just about Solewant as an organisation; it’s about African technology and the value we can bring to our oil and gas sector. We are expecting over 1,000 participants and 200 exhibitors, including international and local organisations,” he added.
Besides, he called for stronger partnerships between government and private stakeholders to enable effective gas distribution and infrastructure development across Nigeria.
“In the Western world, gas and water are piped directly to homes. Nigeria can achieve this through proper policy, planning, and
Lagos Hosts Africa’s Maiden Water Racing Event
History was made on October 4 and 5, 2025, on the waters of the Lagos Lagoon as Team Brazil by Claure Group claimed victory at the E1 Lagos GP presented by First Bank.
The landmark event marked Africa’s debut on the global calendar of the E1 Series, the world’s first electric powerboat championship, and positioned Lagos at the forefront of sustainable sporting innovation.
The E1 Lagos GP drew thousands of fans to multiple viewing locations across the city, from the vibrant Official Fan Zone to the Ocean’s Club at Black Diamond Hotel and the Lagos Oriental Hotel Decks, which hosted premium hospitality experiences along the waterfront.
The Official Fan Zone quickly became the heartbeat of the event, attracting young Nigerians with immersive brand activations, race simulators, live music, and a festival energy that perfectly matched the excitement on the water. After an action-packed weekend of competition, Team Brazil by Claure Group finished
network development. It will reduce costs, eliminate road hazards, and make domestic gas supply more efficient,” he noted.
Onyela pointed out that past editions of the summit had already produced tangible outcomes, including the establishment of an automated bend-coating plant developed in response to feedback from international oil companies and industry regulators.
“That innovation came from the engagements during our previous summits. It shows the power of collaboration in driving local solutions. Today, these services are delivered incountry, reducing capital flight and creating jobs,” Onyela said.
He emphasised that this year’s summit would build
on previous gains, with a renewed focus on emerging technologies such as Unmanned Aerial Vehicles (UAVs) for surveillance, automation, and other custom-made engineering solutions that address sectorspecific challenges.
“The energy sector must evolve with technology. Through partnership and collaboration, we can design solutions that fit our environment and strengthen Africa’s role in the global energy market,” he stressed.
Also, the Executive Secretary of the Solewant Energy Training Institute (SETI), one of the five subsidiaries of the group, Benjamin Ubleble, stated that the company had been in operation for 25 years, especially the oil and gas asset
maintenance value chain.
He said the event scheduled for the Solewant Industrial Park, Port Harcourt, will spotlight key technologies like artificial intelligence, cloud computing, robotics, visual reality, augmented reality, and how they can be applied in various aspects of business.
“Businesses have risen to a point where we have precision planning using some of these tools. That is the essence of bringing professionals from the academic sector, from governments at various levels, bureaucratic institutions, financial institutions, not only in Nigeria but across Africa and the rest of the world.
“Last year, we had the opportunity to use some of these technologies. We had
participation across Europe, Asia, and most parts of Africa. So we are increasing our tempo because of the achievements of last year,” he added.
Highlighting the importance of partnerships, he stated that at the summit, there will be key presentations on some of these technologies as well as technical sessions to dissect their application and exhibition of the ‘intelligent’ solutions.
“The summit is to let the public know that you can participate by exhibition, sponsorship, or indicating your interest to be there, to learn and partner, then network with the number of persons that will come to grace this occasion,” he stated.
IHS Nigeria Champions Digital Inclusion at Nigerian Economic Summit
Emma Okonji
IHS Nigeria, a leading provider of shared communications infrastructure services, had a prominent presence at the 31st Nigerian Economic Summit, reinforcing its position as a key driver of Nigeria’s digital transformation and contributor to the development of the nation’s digital economy.
the summit open. During a tour of the exhibition stands, the Vice president who was received at the IHS booth by Senior executives of the company, commended IHS for her commitment to corporate social responsibility and for her contributions to expanding broadband access and advancing economic inclusion through connectivity.
IHS hosted a high-profile plenary session themed: ‘Smart Growth, Digital Leap’,
moderated by technology leader Nkemdilim Uwaje Begho.
In his keynote address, Executive Vice President and CEO of IHS Nigeria, Mohamad Darwish, stated that “digital infrastructure has become the backbone of national productivity.” He highlighted the company’s commitment to sustainable infrastructure, rural connectivity, and digital skills development, noting
that bridging Nigeria’s digital divide requires robust public–private collaboration. Darwish emphasised the need to reposition digital infrastructure, innovation, and talent as “core inputs for economic growth, not peripheral sectors,” while outlining IHS’s contributions; including over 16,000 towers nationwide and 15,000 kilometers of fiber network that power Nigeria’s connectivity backbone.
first, fending off strong performances from Team Blue Rising who placed second, and Team Drogba Global Africa who finished third. Pilots Timmy Hansen and Ieva Millere-Hagin powered Team Brazil to victory, with Timmy Hansen named PIF Pilot of the Race. Racing was briefly delayed by a tropical storm over the Lagos Lagoon.
Held at the Transcorp Hilton, Abuja, from October 6 to 8, this year’s summit, themed: ‘The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030’, convened public and private sector leaders to explore actionable strategies for inclusive economic growth.
IHS Nigeria participated as a platinum sponsor and thought leader, driving conversations on digital infrastructure, innovation, and national competitiveness.
A major highlight for IHS came during the opening day when the Vice President of Nigeria, Senator Kashim Shettima, officially declared
from Nigeria and Africa
must be in good
with original cover. If you have records to sell, please call us on 09135239816, or send pictures on WhatsApp. Top prices paid.
Pursuant to the mandate of the House of Representatives mandating the Committee on Aviation Technology to take further legislative action on “a Bill for an Act to Establish the African Aviation and Aerospace University, Abuja and provide for Administration and Discipline of Students of the University, and for Related Matters”.
The Committee hereby invites the under listed Stakeholders to a one-day Public Hearing scheduled to hold as follows:
Date: Wednesday 15th 2025
Time: 10:00 am
Venue: Conference Room 231, House of Representatives New Building, National Assembly, Abuja
Federal Ministry of Aviation and Aerospace Development 2. Federal Ministry of Innovation, Science and Technology (FMIST) 3. Federal Ministry of Education
Federal Ministry of Justice
Federal Ministry of Finance
Nigerian Meteorological Agency NIMET)
Nigerian Civil Aviation Authority (NCAA)
Nigerian College of Aviation Technology (NCAT)
Council for the Regulation of Engineering in Nigeria (COREN)
Airline Operators of Nigeria (AON)
26. Industrial Training Fund
27. National Association of Aircraft Pilots and Engineers (NAAPE)
28. Air Transport Services Senior Staff Association of Nigeria (ATSSAN)
Teachers Registration Council of Nigeria (TRCN)
National Space Research and Development Agency
Nigerian Society of Engineers
25. Institute of Chartered Aviation Professionals of Nigeria (ICAP)
29. African Aviation and Aerospace University
30.
The listed Stakeholders and the public are also invited to submit memoranda to the Committee in respect of the Bills for consideration.
Soft copies of the Bills can be downloaded from the link below: https://docs.google.com/document/d/1IF5j1zBDNeTUL1G708TCGVPscaSD0g30/ edit?usp=drivesdk&ouid=101190153016984743279&rtpof=true&sd=true
SUBMISSION OF MEMORANDUM
Twenty five (25) copies of the memoranda should be submitted with two (2) soft copies to the Committee Secretariat, Suite 2.46, New Building, House of Representatives, National Assembly, Abuja to reach the Secretariat on or before Friday, 10th October, 2025. For further information, please contact the Clerk of the Committee on 08033176122. All memoranda should be addressed to:
The Chairman House Committee on Aviation Technology House of Representatives Three Arms Zone, Abuja Rt. Hon. Tajudeen Kareem Abisodun Chairman, Committee on Aviation Technology
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 09 October 2025, unless otherwise stated.
Offer price:
FG to Lower Business Costs, Boost Efficiency at Ports through NSW
Oriarehu Bonny
The federal government has renewed its pledge to lower business costs and boost operational efficiency at Nigeria’s ports through the National Single Window (NSW) initiative, a major reform aimed at streamlining trade processes, improving transparency, and speeding up cargo clearance.
Director of NSW and Head of Secretariat, Mr. Tola Fakolade, who made this known at a stakeholders’ forum held in Lagos, said the initiative demonstrates President Bola Tinubu’s determination to build a competitive, technologydriven trade environment.
The NSW, he said, will function as a digital platform connecting all government agencies involved in import and export
procedures on a single online system, removing duplicate documentation and minimising physical interactions that often fuel inefficiency and corruption.
“It is the President’s desire to see importers and exporters carry out their businesses seamlessly,”
Fakolade stated. “The era of diverting consignments and investments to neighbouring ports due to inefficiencies and high costs will soon be over. This initiative will simplify and harmonise trade processes while cutting transaction time and cost.”
He disclosed that the project has entered its crucial development and integration phase after more than a year of assessments and requirements analysis, with an operational target set for Q1 2026.
“Achieving seamless integration at this stage is essential. We are ensuring that all technical and institutional frameworks are aligned to deliver on schedule,” he added.
The forum, jointly organised by the National Single Window Secretariat and the Nigeria Customs Service (NCS), convened stakeholders from trade, logistics, maritime, aviation, and regulatory sectors to assess project progress and strengthen collaboration ahead of deployment.
Fakolade further disclosed that integrating the NSW with the African Continental Free Trade Area (AfCFTA) framework would create new opportunities for Nigerian exporters by reducing trade costs, enhancing supply chain visibility, and improving regional competitiveness.
ICTSI Visits Oyetola, Reaffirms Commitment to Strengthening Port Operations
As part of ongoing engagements aimed at deepening collaboration between the federal government and the private sector in advancing Nigeria’s maritime and blue economy agenda a delegation from the International Container Terminal Services, Inc. (ICTSI), paid a courtesy visit to the Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, in Abuja.
Discussions during the meeting focused on the current operational developments at OMT and explored strategies for its future expansion and efficiency enhancement in line with the Federal Government’s vision for a vibrant and sustainable blue economy.
Oyetola commended ICTSI for its investments and contributions to Nigeria’s maritime
growth, emphasizing the Ministry’s readiness to sustain a businessfriendly environment that encourages private sector participation and innovation across the sector.
“Our goal is to make Nigeria’s ports globally competitive by ensuring efficiency, transparency, and sustainability,” the Minister stated. “We will continue to work with credible private investors like ICTSI to unlock the immense potential of our blue economy and position Nigeria as a major maritime hub in Africa.”
Since commencing operations in 2021, ICTSI’s Onne Multipurpose Terminal has played a transformative role in boosting cargo throughput and reducing vessel turnaround time at the Onne Port Complex in Rivers State.
The terminal, designed to handle a diverse range of cargo — including containers, break bulk, project and heavy-lift, and roll-on/roll-off cargo — features a 1,000-metre heavy-lift quay, 45 hectares of yard area, modern warehousing, and four new Gottwald mobile harbour cranes, among other state-of-the-art equipment.
In June 2025, OMT made history when it received the Kota Oasis, a Singaporean-flagged, LNG-powered container ship — the first of its kind to berth in West Africa. The vessel’s arrival, operated by Pacific International Lines (PIL), marked a milestone in the region’s shift toward environmentally sustainable shipping and underscored OMT’s commitment to green port operations.
Greenwich Merchant Bank Achieves N50bn Capitalisation Milestone
Kayode Tokede
Greenwich Merchant Bank has announced that it has successfully met the N50billion capital requirement as mandated by the Central Bank of Nigeria (CBN).
By virtue of a letter dated September 22, 2025, CBN confirmed its approval of Greenwich’s N22.6billion fresh Capital raised via Rights Issue and Private Placement.
With this, the Bank’s approved capital now exceeds the N50billion regulatory requirement thus cementing its position as one of Nigeria’s most forward-
looking banks.
Speaking on the achievement, Chairman of Greenwich Group, Mr. Kayode Falowo, in a statement said: “This is a significant milestone in our growth journey and a strong testament to the resilience and commitment of everyone across the organization. It positions us strategically for the next phase of our expansion and service delivery.We would like to thank our shareholders for their trust in us and applaud the outstanding contributions of our Board and Management in attaining this milestone. We are committed to driving even greater achievements in the future.”
Commenting, the Managing Director/CEO of Greenwich Merchant Bank, Mr. Benson Ogundeji, noted: “Our successful capital raise is not just a regulatory compliance milestone; it is a proof of the confidence our shareholders place in our vision and the trust our clients and partners have built with us over the years.
“At Greenwich, we see this achievement as a springboard for strengthening our capacity to deliver innovative financial solutions while contributing meaningfully to Nigeria’s economic growth and stability.”
LEGACY OF SECOND CITIZENSHIP…
Saharan Blend (Algeria), Djeno (Congo),
(Equatorial Guinea),
(Gabon), Iran Heavy (Islamic Republic
Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
LOptiva Capital Partners Executive Director, Amb. Amaka Okeke (left) and Chairman, Franklin Nechi, at an interactive session with journalists in Lagos…weekend
Stock Market Extends Rally as Investors Gain N2.16trn in One Week
Kayode Tokede
The Nigerian equities market continued its positive momentum last week, buoyed by broad based buying interest across major sectors that led to N2.16 trillion investors return.
Also, the All-Share Index advanced by 2.37 per cent
week-on-week (W-o-W) to close at 146,988.04 basis points after hitting a new 52-week high of 147,107 basis points on strong market internals.
The market’s resilience was further reflected in a stronger year-to-date return of 42.81 per cent, underscoring sustained bullish sentiment amid intermittent profit-
taking. Evidence of portfolio rebalancing and selective positioning highlighted continued investor confidence in market fundamentals.
The growth was driven by renewed investor interest in fundamentally strong stocks.
For instance, the stock price of Dangote Cement Plc advanced by N49.90 per share in one week
to close at N575.00 per share, while MTN Nigeria Communications Plc appreciated by N46 per share to close at N471.00 per share.
Seplat Energy increased by N537.90 per share in one week to close at N5,917.20 per share
Meanwhile, market breadth remained positive,
with 51 gainers against 41 losers, indicating cautious optimism. Sovereign Trust Insurance led the gainers table by 16.73 per cent to close at N3.21, per share. Omatek Ventures followed with a gain of 12.30 per cent to close at N1.37, while AXA Mansard Insurance went up by 11.81 per cent to close to N16.10, per share.
On the other side, Livingtrust Mortgage Bank led the decliners table by 14.61 per cent to close at N5.20, per share. Neimeth International Pharmaceuticals followed with a loss of 10.96 per cent to close at N6.01, while UH Real Estate Investment Trust declined by 9.98 per cent to close at N51.85, per share.
PRICES FOR SECURITIES TRADED ASOF OCTOBER /8/25
DIGITAL ASSET MARKETS
with Nicky Okoye (
Initial Coin Offerings
In the Digital Asset Markets ecosystem, we will see and hear more about “Initial Coin Offering” (ICO), a process replica of the “Initial Public Offering” (IPO) which itself is a process commonly used in the capital equity markets to raise funds or to capture a public listing for an eligible public company. When enterprises, project promoters and even Governments issue tokens, CBDCs or crypto currencies to the global digital asset markets, they are subjected to this new ICO process which is designed and developed to provide global investors with the transparency and insight they need to make investment decisions regarding the new issuance.
Every Initial Coin Offering will be dependent on the regulatory jurisdiction, and for the global digital asset markets, there are a few regulatory environments that are beginning to stand out as digital assets hubs of innovation and transparency which has strengthened investor confidence.
In Switzerland, the authorities took steps very early in the life cycle of the digital asset market revolution to position Zug, a small Swiss town as its center of innovation in cryptocurrency, blockchain and digital asset innovation. They did this by providing strategic tax incentives for innovators to move to Zug, and provided regulatory support for all blockchain and digital asset enterprises that would agree to situate their technical and innovative bases in Zug. Zug officially became known as the “Crypto Valley” of Europe as far back as 2017, this was after many blockchain and cryptocurrency companies caught onto the attraction of building a digital asset ecosystem Zug, supported by Government incentives. in 2025 Zug has become known as an international hub for innovative digital currencies and for overall blockchain development.
The strategic support of the Swiss authorities has seen to the establishment of Zug as Europe’s leading cryptocurrency and blockchain center. This is enhanced by Zug’s very transparent regulatory environment, World-Class blockchain and technology infrastructure, as well as a growing community of high tech technicians and entrepreneurs.
Even as Switzerland is a leading Nation in the growing prominence of digital asset markets globally, Zug has been positioned as a global hub for the future of the global digital asset markets. This is the reason that in our just concluded Global Investment Advisory community’s Digital Asset Markets retreat and roadshow, Zug was at the center of our engagements.
It is pertinent to note that some of the World’s most influential blockchain startups, blockchain foundations, and crypto organizations have established their headquarters or at the very least their technical offices responsible for innovation, in Zug. Some of the most interesting ones include:
1.Ethereum Foundation: This is the organization behind the Ethereum Blockchain, the World’s leading blockchain platform. Considered top notch for decentralized applications.
2.Cardano Foundation: Also a World renowned blockchain, that focuses on the development and adoption of the Cardano blockchain.
3.Shapeshift: A World-Class cryptocurrency exchange, that also provides financial services.
4.Avalanche: Strategic blockchain platform for decentralized applications and custom blockchain networks.
5.Bitmain (Europe): They focus more on cryptocurrency mining, They are currently a major manufacturer of cryptocurrency mining hardware.
6.Tezos Foundation: Responsible for the development of the Tezos blockchain, which is a self-amending blockchain platform.
7.Polkadot (Web3 Foundation): A World renowned blockchain which focuses on interoperability between different blockchains.
The Swiss Regulation
Financial Market Supervisory Authority (FINMA): This is Switzerland’s primary regulator for financial markets. They are responsible for oversight of all digital assets, including cryptocurrencies, tokens, and blockchain projects.
Swiss Code of Obligations and Civil Law: This legislation provides for the contractual and property rights as they are related to digital asset classes.
Swiss Federal Act on Financial Market Infrastructure (FMIA): This legislation provides the legal basis for financial market infrastructure and services.
The Swiss Money Laundering Act (MIA or FMIA): This legislation regulates antimoney laundering (AML) obligations for all financial intermediaries, especially as it relates to institutions that are dealing with digital assets. This legislation requires that all digital asset service providers (including digital exchanges, wallet providers, and digital asset brokers) must register with the Swiss Financial Market Supervisory Authority (FINMA), as well as implement Anti Money Laundering measures, which must include conducting customer due diligence, and report suspicious activities. This regulation supports the strengthening of the Swiss financial systems providing financial integrity and ensuring compliance for new entrants as the evolving digital assets ecosystem continues to unfold.
Token Categorization: FINMA classifies issued tokens into three categories and these include
a.Payment tokens (cryptocurrencies).
b.Utility tokens.
c.Asset tokens (securities or derivatives).
Regulatory Approach: FINMA applies existing financial laws based on the token’s classification, ensuring that regulation is proportional and all areas are covered.
Asset/Security Tokens: According to FINMA, once a token qualifies as a security under Swiss law, it falls under the Swiss Federal Act on Financial Services (FinSA) and the Financial Market Supervisory Act (FINMASA). In other words, the regulation, issuance and trading of those particular digital asset classes will be guided by regulation continued in this brief.
Prospectus Requirements: A comprehensive investment memorandum or prospectus is required when offering securities’ tokens. In addition certain levels of disclosures are required under Swiss law, unless clear exemptions apply.
Anti Money Laundering: The environment is still evolving however, in recent times Switzerland is known to be aligning with the EU’s 5th Anti-Money Laundering Directive (5AMLD), requiring Virtual Asset Securities Providers to register and adhere to Anti-Money Laundering rules.
Crypto Valley: As I mentioned earlier, Zug based Crypto Valley is a growing hub for blockchain and digital asset markets startups. They are supported by clear legal frameworks that currently stimulate innovation and aggregate top talent, including institutional investors. Strong tax incentives and other support mechanisms are responsible for the strong response from the crypto and digital asset communities.
Fintech and Blockchain Innovation: Switzerland, through its crypto valley, Zug, is currently recognized for its very supportive stance in the digital asset markets ecosystem as it positions to take the lead in Europe in this emerging industry. In the Swiss “Zug” approach, providing a “regulatory sandbox” that permits companies to test new innovative blockchain solutions under favourable regulatory, investment and technical conditions, has proven to be strategic and it is working.
Cross-border Regulation: The Swiss authorities understand and currently promote international cooperation, especially across Europe and increasingly across the World. In addition, there is a very active engagement on improvement for the regulatory environment and possibility of global harmonization as regards the
digital asset markets.
Digital Swiss Franc & CBDC Preparation: Swiss authorities are exploring the concept of a Central Bank Digital Currency (CBDC).
Consultation on Distributed Ledger Technology (DLT) Bill: Recent efforts ae being made to provide for a dedicated draft law that would clarify the legal status of distributed ledgers. It would also reduce regulatory uncertainties surrounding Distributed Ledge Technology which ultimately would affect all tokenisation projects.
The United States Regulatory Environment and the G.E.N.I.U.S. Act
The G.E.N.I.U.S. Act is short for “Generating Artificial and National Innovation to Unlock Security Act”. It is not considered an act to promote the crypto or digital asset markets, however its true focus and direct appeal is design and development of technology. It however has strong overlapping legislation that will see to the full adoption of the digital asset markets in the United States and subsequently across the World. The main focus of the G.E.N.U.I.S. Act is on broader technological innovation and strengthen national security. It is designed to promote advancements in critical 21st century technologies, which will in turn enhance the United States’ strategic competitiveness and national development, while it also provides strong cover for the addressing national security concerns within the United States, which are overall related to and for which may affect the ability of the United States to remain competitive in technological advancements and development especially in the blockchain and artificial intelligence areas.
Oversight Authority for the G.E.N.I.U.S. Act
As I had earlier indicated, the G.E.N.I.U.S. Act, focuses more on broader technological innovation within the United States as well as the national security implications for technology innovation and technology based infrastructure.
In this respect, there is expected to be a multifaceted regulatory oversight, however I have identified seven key departments of the United States Government that will drive this effort:
L-R:MartinHess,Ph.D.,ChiefEconomist,SwissBankersAssociation(IncludesSwiss’spowerfulPrivateBankingCommunity)DrNickyOkoye,GlobalInvestment Advisor, Founder and President, Global Investment Advisory Community Axel P. Lehmann, Ph.D., Past Chairman Credit Suisse, Former Group Executive Board
Uzochukwu: FXTM Equips Traders with Knowledge to Trade Responsibly, Confidently
FXTM has been in Nigeria for some years now. What inspired the creation of the FXTM Academy, and how does it align with your long-term vision for the Nigerian market?
The FXTM Academy was created in response to gaps we observed in the financial market. Many new traders were receiving incomplete training that had little long-term impact, and we wanted to change that. Our vision was to build a community of like-minded traders who could learn together, receive in-depth training from passionate experts, and continue sharing knowledge with each other. The Academy offers all this at no cost, participants only need to create and fund an account to qualify.
In what ways does the Academy go beyond traditional trading education to foster mentorship and empowerment?
The FXTM Academy goes beyond traditional trading education by fostering mentorship and empowerment in several ways. We offer scholarships to students who may not be able to meet the required deposit, and provide certificates of learning upon completion of training. To strengthen mentorship, we place students in a dedicated group where they receive market insights, professional analysis, and weekly market previews, with our team always available to answer questions promptly no matter how small. In addition, we organise periodic trading competitions like the battle royale to test participants’ knowledge and reward excellence with prizes.
Accessibility seems central to your model, with all training being free. How sustainable is this approach, and what impact has it had on attracting young Nigerians into trading?
Our model is sustainable even though the training itself is free, because we require a level of commitment from participants before they join. Students are asked to fund their accounts with a set amount, which ensures they take the programme seriously. This approach has attracted both young and older Nigerians to trading. The impact has been remarkable as many students express great excitement and satisfaction after completing our FXTM Academy modules.
The Academy introduces participants to areas such as risk management, market psychology, and technical analysis. Which of these do you find Nigerians struggle with the most, and how does the Academy address those challenges?
struggle with trading psychology. At FXTM Academy, we address this by providing practical tips to help them overcome psychological challenges. Students are required to keep a trading journal and follow it diligently. We also train them on effective risk management, maintaining a healthy risk-to-reward ratio, avoiding greed and revenge trading, and developing the discipline to stick to proven strategies, ultimately guiding them toward becoming consistently profitable traders
Many Nigerians are wary of online trading due to fraud and lack of trust. How does FXTM, with its global reputation, ensure credibility and protect Nigerian traders?
a good platform to trade with.
Education and capacity building seem central to FXTM’s pitch. Can you speak to the structure and reach of your training programs for Nigerian clients?
Yes, education and capacity building are at the heart of what we do. Our training programmes for Nigerian clients are structured to be both accessible and impactful through our free seminars and workshops in major cities across Nigeria alongside online webinars for those who prefer virtual learning. The curriculum covers everything from beginner basics to advanced strategies, with a strong focus on Currency pairs/FX, Equities and indices, Spot commodities and metals, Fundamental and technical analysis. Through this blended approach, we have been able to reach thousands of Nigerians across different age groups, equipping them with the skills and confidence to participate in global financial markets.
Technology is clearly a big part of your model, especially with the AI Trader Coach App. How does this tool personalise learning, and what difference has it made in trader outcomes?
setting up trades, to managing positions, to reviewing outcomes based on each trader’s experience level and style. The app also helps identify common mistakes and offers tailored tips to traders. This level of personalisation has made a big difference since its inception, as we have seen traders become more disciplined, more confident, and ultimately better prepared to achieve consistent results.
Nigeria is home to one of Africa’s youngest populations, eager for global opportunities. How do you see FXTM Academy contributing to financial independence and wealth creation among Nigerian youths?
Nigeria’s youthful population is full of ambition and hungry for global opportunities. At FXTM Academy, we see ourselves as partners in that journey by equipping young Nigerians with the skills, discipline, and knowledge needed to trade responsibly. Through free, structured training, access to global markets, and mentorship, we help them build financial independence step by step. Our goal is not just to teach trading, but to empower young people to create sustainable wealth and position themselves for success in today’s interconnected economy
Beyond trading education, FXTM Academy talks about building a “community.” How important is peer-to-peer learning in this initiative, and how do you sustain engagement after the workshops end?
While the courses in our modules are comprehensive, we have simplified them to make learning easier for students. However, we have observed that most students
We understand that many Nigerians are cautious about online trading due to issues of fraud and trust. We addresses this by operating under strict international regulations, maintaining transparency in all our processes, and ensuring clients’ funds are kept safe in segregated accounts. Beyond that, we build trust through education in the FXTM Academy. Our FXTM Academy equips traders with the knowledge to trade responsibly and confidently. We will love to reiterate that we have been in existence for over 11years in Nigeria with over 1,000,000 users on our platform globally, I believe this information alone is something that can give you confidence that this is
Technology is central to our model, and the AI Trader Coach App is a great example. It personalises learning by guiding traders step by step, from
For us at the FXTM Academy, building a community is just as important as delivering trading education, which is why peer-to-peer learning is very important. This is one of the reasons we have a dedicated group for our students where we continuously engage with them after the training is over through our weekly market previews, signals, questions and answers (Q&As) etc. Peer-to-peer learning allows participants to share experiences, exchange strategies, and support one another beyond the classroom and this is what the FXTM Academy provides its students.
Trading often requires a balance between technical analysis, fundamental analysis, and market psychology. From your experience in Nigeria, where do traders tend to focus more, and how do you encourage a more holistic approach?
From our experience in Nigeria, many traders in Nigeria tend to focus heavily on technical analysis, they enjoy learning about the chart patterns, indicators, and price action, while often overlooking the importance of fundamental analysis and trading psychology.
FXTM, a global leader in online trading, offering access to financial markets which has simplified the buying and selling of financial assets online. Specialist, Education Media at FXTM Nigeria, Adaeze Uzochukwu, in this conversation with Nume Ekeghe, spoke on the impact of their online trading platform, FXTM Academy and plans to boost financial literacy in Nigeria. Excerpts: the story
u zochukwu
FEaturEs
Heightened Drive to Attract Global Investors with Re-emergence of CBN Monetary Policy Easing Era
While favourable external conditions often helped to sustain economic growth, good policies matter a lot. The exchange rate unification policy of the Central Bank of Nigeria (CBN), other reforms supporting inflation numbers decline are opening the economy to global investors. With the re-emergence of monetary policy easing era after five years break, comes the drive to attract new investments, lower lending costs and promote government’s overall plan of growth and stability. Precious Ugwuzor reports
Nigeria economy has held up remarkably well in recent months despite drop in crude oil prices which constitute over 90 per cent of its forex earnings.
From the growth in Gross Domestic Product (GDP) numbers, drop in inflation rate, exchange rate stability, surge in external reserves to rise in capital inflows are strong points to show that the economy is pushing up.
Aminu Gwadabe, president, Association of Bureaux De Change Operators of Nigeria, said Nigeria’s monetary policy implementation has improved, and the resilience of economy strengthened in recent times.
“Findings showed that in the past, many economies were reluctant to let their exchange rates move freely. But with better-anchored inflation expectations and stricter macroprudential regulation, Nigeria has increasingly allowed the exchange rate to act as a shock absorber, and central bank shifted its focus toward stabilizing economic activity,” he said.
For him, by sustaining the reforms and stronger foundations, Nigeria can turn hardwon resilience into long-lasting stability and growth of the economy.
The monetary policy easing started last month with the Central Bank of Nigeria (CBN)-led Monetary Policy Committee cutting benchmark interest rate by 50 basis points from 27.5% to 27%, marking the first rate cut since the tightening cycle began five years ago.
The decision to cut rate was reached at the 302nd Monetary Policy Committee meeting, and reflects a shift towards supporting economic growth amid easing inflationary pressures.
The rate cut follows five consecutive months of slowing inflation, with projections indicating continued disinflation through the rest of 2025.
This policy easing signals the CBN’s confidence in a stabilizing macroeconomic environment while aiming to stimulate economic activity and is expected to ease borrowing costs, improve liquidity in the banking sector, and potentially support stronger consumer spending and investment growth.
Adeyemi Adeniran, Statistician-General of Nigeria and CEO of the National Bureau of Statistics (NBS), said the latest Consumer Price Index (CPI) report showed that headline inflation rate dropped from 21.88% in July to 20.12% in August.
“Headline inflation (year-on-year) moderated further to 20.12% in August 2025, from 21.88% in July, driven by the decline in both food and core inflation. Besides, the second quarter GDP report solidly puts growth within the quarter at 4.23%, representing a 4-year high of 4.23% in second quarter of the year’, up from 3.13% in first quarter,” he said.
The NBS report showed the growth was driven by appreciable improvements across the oil and non-oil sectors, with stability in the oil sector and expansions in agriculture, industries and services sectors cumulating in above average performance output. According to the GDP breakdown, oil
sector grew by 20.46% in second quarter 2025 as against 1.87% recorded in first quarter, riding on the back of doubledigit growth in crude oil production.
Olayemi Cardoso, CBN governor, said monetary policy easing became necessary following a review of macroeconomic developments.
According to him, the decision by the MPC to ease the policy stance was made in the light of improving inflation trends.
“The committee’s decision to lower the monetary policy rate was predicated on the sustained disinflation recorded in the past five months, projections of declining inflation for the rest of 2025 and the need to support economic recovery efforts,” Cardoso said.
Bukola Bankole, Partner & Corporate Finance Expert at TNP, said that by lowering the benchmark rate by 50 basis points to 27%, the MPC made a modest but symbolic move as it marks the first break from months of aggressive tightening. For businesses already borrowing at rates above 30% however, this adjustment will not ease financing costs immediately, but it signals recognition that growth cannot be perpetually stifled in the name of inflation control.
“For investors, Nigeria’s yield story remains unchanged because even after the cut, local instruments remain among the most attractive across frontier and emerging markets. So, a half point change does little to alter that. The real test is whether inflation starts to ease and whether the Naira can achieve meaningful stability”.
“As we all know, inflation in Nigeria is not demand-driven; it is cost-push, reflecting exchange rate volatility, the knock-on effects of subsidy removal, high energy costs, and food supply disruptions. So certainly, against this backdrop, further hikes would have been the wrong medicine,” she said.
“I will say this MPC decision reflects an effort to balance vigilance on inflation with the need to create space for credit expansion and investment. The real challenge however remains consistency, as without predictable policy, stronger fiscal alignment, and structural reforms that address the root causes of inflation, this cut will remain symbolic as with a lot of other actions previously taken”.
“If those elements are however in place, then this small cut could truly mark the beginning of a more sustainable policy mix that supports growth without abandoning the fight for price stability”.
Bismarck Rewane, managing director, Financial Derivatives Company Limited, said the remainder of 2025 appears poised for a stronger performance, with foreign currency inflows and stable commodity prices providing support.
Monetary Policy perspectives
In its efforts to tame inflation, the CBN recently hosted the Monetary Policy Forum 2025, featuring fiscal authorities, legislative, private sector, development partners, subject-matter experts, and scholars with the theme: “Managing the Disinflation Process”.
The forum is a major push to improve monetary policy communication, foster dialogue, and collaborate on critical issues shaping monetary policy.
During the event, Cardoso explained that the apex bank’s focus is to sustain price stability, the planned transition to an inflation-targeting framework, and strategies to restore purchasing power and ease economic hardship.
He said the apex bank is continuing its disciplined approach to monetary policy, aimed at curbing inflation and stabilising the economy.
Cardoso reiterated that the goal of the CBN is to ensure that monetary policy remains forward-looking, adaptive, and resilient.
In addressing our economic challenges,
collaboration is key: “Managing disinflation amidst persistent shocks requires not only robust policies but also coordination between fiscal and monetary authorities to anchor expectations and maintain investor confidence,” Cardoso said.
“Our focus must remain on price stability, the planned transition to an inflationtargeting framework, and strategies to restore purchasing power and ease economic hardship,” he added.
The CBN also focused on strengthening the banking sector, introducing new minimum capital requirements for banks (effective March 2026) to ensure resilience and position Nigeria’s banking industry for a $1 trillion economy. These reforms and developments reflect the Bank’s commitment to creating an enabling environment for inclusive economic development. However, achieving macroeconomic stability requires sustained vigilance and a proactive monetary policy stance.
“As we shift from unorthodox to orthodox monetary policy, the CBN remains committed to restoring confidence, strengthening policy credibility, and staying focused on its core mandate of price stability,” Cardoso stated.
He said moving from the exchange rate targeting framework to the inflation targeting framework aligned with the apex bank’s determination to bring inflation upsurge under control in line with its price stability mandate.
Inflation uptick has remained a major concern to the CBN and is the time to use monetary policy tools to control it.
Non-oil sector growth continues
The non-oil sector also recorded growth of 45 basis points, expanding by 3.64 per cent in second quarter 2025 as against 3.19 per cent in the previous quarter. Non-oil sector’s contribution to the economy stood at 95.95 per cent in second quarter as against 96.03 per cent in first quarter, despite the strong oil sector growth.
Segmental analysis indicated appreciable growths across the non-oil sector. Agriculture GDP grew by 2.82 per cent in second quarter 2025 as against 0.07 per cent recorded in previous quarter. It had grown by 2.60 per cent in second quarter 2024. Industries GDP, which had grown by 3.72 per cent in second quarter 2024, doubled to 7.45 per cent in second quarter 2025 as against 3.42 per cent in first quarter 2025. However, Services GDP was slower with a growth of 3.94 per cent in second quarter as against 4.33 per cent in previous quarter. It had recorded 3.83 per cent in second quarter 2024.
In terms of contribution, Services, Agriculture, and Industries accounted for 56.53 per cent, 26.17 per cent, and 17.31 per cent of the overall GDP respectively. Experts said the latest GDP report showed that the economy was on the right track but called for more synergistic policies to deepen economic productivity.
Cardoso
Egbin Power and Its Unwavering Decade-long Commitment to Education, Sustainable Community Development
Egbin Power Plc may be widely recognised for lighting up millions of Nigerian homes, but beyond the turbines and transmission lines lies a deeper mission that is rooted in people, education, and sustainable community development and progress. Through consistent investments in education, healthcare, and community empowerment, the company has evolved into a model of responsible corporate citizenship, proving that true power goes beyond electricity. Chiemelie Ezeobi writes that this commitment was recently renewed as the company marked the tenth anniversary of its flagship scholarship awards in its host communities
While Egbin Power Plc is best known for generating electricity for millions of Nigerians, its investments in education, healthcare, and the environment underscore its vision of sustainable growth.
Over the years, the company has launched numerous community-driven projects, from free medical outreach to vocational empowerment initiatives, creating a model for responsible corporate citizenship in Nigeria’s energy sector.
As Nigeria’s largest power generation company, it recently reaffirmed its unwavering commitment to education and sustainable community development as it celebrated the tenth anniversary of its scholarship awards for students in its host communities.
The event, held at the company’s premises in Egbin, Lagos, brought together community leaders, parents, and pupils who have benefited from the scheme over the past decade.
A Decade of Impact and Transformation
Speaking during the ceremony, the Chief Executive Officer of Egbin Power Plc, Mokhtar Bounour, described the initiative as part of the company’s social investment drive aimed at improving access to quality education and empowering future generations.
He said, “Education is the foundation of every nation’s growth and transformation. That is why, at Egbin Power, we continue to invest in programmes that enable young people to dream, learn, and lead. We are reaffirming our unwavering commitment to education and sustainable community development.”
Since the inception of the scholarship scheme 10 years ago, Egbin Power has awarded hundreds of scholarships to indigent students from its host communities, including Egbin, Ijede, and Ipakan. The programme covers
tuition fees, school materials, and other educational support, providing relief for parents and giving students the tools to excel.
For many parents, the scholarship awards have become more than financial aid, they represent opportunity and transformation. Several beneficiaries who attended the anniversary shared how the programme changed their academic journeys and family circumstances.
A student beneficiary, Miss Tosin Afolabi, expressed her gratitude to Egbin Power, saying, “This scholarship came at a time when my parents were struggling to pay my school fees. It gave me the motivation to study harder and believe that I could achieve my dreams.”
Another recipient, Master Daniel Ogunleye, added, “Egbin Power has shown us that education can change lives. I hope to become an engineer one day and make my community proud, just as Egbin Power has made us proud.”
Reaffirming Long-term Commitment
Reflecting on the milestone, Mr. Bounour emphasised that the scholarship scheme is just one aspect of Egbin Power’s broader sustainability agenda, which includes health outreach programmes, vocational training, and infrastructure development across the host communities.
He stated, “Our journey goes beyond providing electricity. We are building brighter futures by supporting education, promoting environmental sustainability, and ensuring our host communities thrive. This is the essence of sustainable community development.”
He added that the company’s parent group, Sahara Power, remains deeply committed to human development and
corporate social responsibility, noting that education would continue to be a top priority in Egbin’s sustainability efforts.
Ten Years of Hope, Partnership and Impact
The celebration of the scholarship’s tenth anniversary also provided an opportunity for reflection on the partnership between Egbin Power and its host communities. Since privatisation, the company has prioritised engagement with local stakeholders, promoting dialogue and collaboration in community projects.
Egbin’s Head of Corporate Communications and Branding, Felix Ofulue, described the anniversary as a celebration of partnership and shared progress.
He said, “We believe that true success comes when businesses and communities grow together. This scholarship is a testament to our belief in partnership, inclusiveness, and shared prosperity. Ten years on, we are not just marking time; we are marking impact.”
Young Stars Shine
As part of the event, past and present beneficiaries showcased their academic excellence and creative talents through poetry, essays, and science demonstrations. The hall was filled with excitement as students received their awards amidst cheers from their families and teachers.
A highlight of the day was the presentation of certificates and learning materials to new awardees, symbolising the continuation of a tradition that has empowered hundreds of students since its inception.
Teachers from participating schools also praised the programme for motivating students to work harder
and maintain high academic standards. One teacher noted, “Whenever our pupils hear that Egbin Power is coming for scholarship tests, they double their efforts. The company has become a source of academic motivation for many children.”
Community, Traditional Leaders Commend the Initiative Community and even traditional leaders at the event commended Egbin Power for sustaining the scholarship scheme for a decade, noting that the company’s long-term commitment to human capital development stands as an example for other corporate organisations.
The Ijede Community Development Association’s Chairman, Mr. Kayode Odujoko, remarked that Egbin’s consistency over the years has set a high bar for corporate responsibility.
He said, “Many companies make promises, but Egbin Power has proven through action that it truly cares about its people. For ten years, they have not stopped supporting our children. That is something we deeply value.”
He also called for more partnerships between private organisations and local communities to complement government efforts in education.
Also speaking, the Baale of Egbin Community, Chief Fatai Odumeru, said, “We are proud of Egbin Power for what they have been doing for our children. This scholarship has brought hope to many families and has shown that the company cares deeply about the people who live around its operations.”
As the scholarship programme enters its second decade, both the company and the communities it serves look forward to deepening their collaboration. For the students who walked away with renewed dreams and gratitude, Egbin Power’s message remains clear: education is not just a gift, it’s a powerful engine for sustainable community development.
t he e gbin Power team during the recent presentation of awards to beneficiaries of e gbin Power 10th s cholarship programme, held at e gbin Power Plant, Ikorodu, Lagos
L- r : Head, Corporate Communications & Branding, e gbin Power, felix Ofulue; Brand, e vents & PC sr s pecialist, e gbin Power, s tella Olugbemi; Overall best student, e gbin Power 2025 s cholarship, adekoye s amuel; C e O, e gbin Power Plc, Mokhtar Bounour; and the s chool administrator, Powerfields s chools, Mrs. Ngozi e mezue, during the recent presentation of awards to the beneficiaries
POLITY
Seyi Tinubu: Leading a New Generation with Vision and Heart
Mayor Lucky Igbokwe (Don Lulu)
Some people carry influence quietly, with a kind of grace that makes leadership look effortless. They don’t chase attention; they attract it through authenticity and purpose. My brother, Seyi Tinubu, is one of those rare individuals. He represents a refreshing example of what it means to have privilege, power, and position, yet still lead with humility and heart.
Seyi, as many know, is the son of President Bola Ahmed Tinubu. But beyond that lineage lies a man who has built his own name, his own legacy, and his own story. Trained as a lawyer at the University of Buckingham and called to the Nigerian Bar in 2013, he chose to step beyond law into entrepreneurship and public service, and in doing so, carved a unique path for himself.
As the Chief Executive Officer of Loatsad Promomedia, one of Nigeria’s leading outdoor and digital advertising companies, Seyi has shown that young Nigerians can build thriving businesses rooted in innovation and professionalism. What stands out most, beyond the billboards and business success, is how he uses that platform to make real social impact. Through the Noella Foundation, which he co-founded with his wife, Layal, and named after their daughter, Seyi has committed himself to empowering young people across Nigeria. The foundation runs the Seyi Tinubu Empowerment Project (STEP), which focuses on youth mentorship, small business grants, skills training, and tech education for underprivileged Nigerians. It’s not charity for show; it’s empowerment
with structure. STEP gives young people the tools, confidence, and opportunities to create their own future.
Seyi has also invested heavily in youth sports development, using football and basketball as platforms for engagement and community building. From sponsoring the Seyi Tinubu Unity Cup in Kaduna to supporting grassroots basketball tournaments in Jos, he has shown that sports can unite communities and unlock young talent. Even more inspiring is his quiet support for mental health awareness in universities, a cause that reminds us leadership isn’t only about economic growth but also about emotional wellbeing.
In many ways, I see in Seyi the same values that drive my own work. Through my Don Lulu Foundation, I have spent years trying to make change from the ground up. We have built classrooms, provided electricity transformers, given scholarships, constructed homes for widows and the less privileged, and set up interest-free loan schemes for artisans and small business owners in Abia State. Like Seyi, I believe that leadership isn’t about how loud we speak but how deeply we act.
I often say Nigeria doesn’t lack talent or ambition; it lacks platforms. That belief inspired me to create Don FM 103.7 and Ikoro FM 93.3 in Umuahia. These stations
are more than just radio frequencies; they are voices for everyday Nigerians. They give people a chance to be heard, to share their stories, their struggles, and their dreams. In that sense, Seyi and I share the same vision: creating spaces where people can be seen, heard, and empowered.
What I find remarkable about Seyi is his calm confidence. For someone in his position, the President’s son and constantly under public scrutiny, he carries himself with humility and quiet self-assurance. He is approachable, sincere, and genuinely passionate about people. That is rare. It is easy for anyone in his shoes to become distant or guarded, but Seyi remains grounded, and that is something I respect deeply.
Our generation of leaders, those of us who have tasted success but still feel responsible for those coming after, must learn from examples like his. Leadership in this new era isn’t about command and control; it is about connection and compassion. It is about seeing the humanity in others, even when the spotlight is on you.
As I celebrate my brother today, I celebrate not just his birthday but his journey, one built on empathy, purpose, and a belief in the potential of Nigerian youth. I celebrate a man who understands that privilege means little if it doesn’t uplift others.
Seyi Tinubu reminds me that a better Nigeria isn’t a dream too far. It is a goal we can build together through consistent effort, shared vision, and service that speaks for itself.
Happy birthday, Seyi. May your light continue to guide this generation toward a Nigeria we can all be proud of.
Alake: We Won’t Succumb to Threats, Reforms Remain on Course
Says minerals pre-shipment agency underway
Folalumi Alaran in Abuja
The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the commitment of the federal government to on-going reforms declaring that no number of threats or blackmail will derail the transformative agenda already yielding results.
In a statement signed by the Special Assistant on Media to the Minister of Solid Minerals Development, Segun Tomori, the Minister, speaking at a media briefing over the weekend ahead of the 10th Nigeria Mining Week scheduled to begin today, said the ongoing reforms in the sector are beginning to yield results, citing various indicators, including data from the National Bureau of Statistics (NBS), as evidence.
“10 years ago, the contribution of mining to our nation’s GDP was less
than 0.5% but today it has increased to 1.8% with figures from the NBS indicating an unprecedented 4.61% in Q2, 2025.
“In practical terms, this means more mines in operation, more companies investing and more communities being impacted by mining activity”, he added.
Reflecting on the evolution of the sector, the Minister said the Nigeria Mining Week has mirrored the industry’s shift from informality to a structured, innovationdriven, and investor-attractive environment.
He highlighted reforms focused on transparency, investment risk mitigation, and value chain optimization.
Revealing that efforts to strengthen regulatory frameworks have faced backlash including threats to his life, Alake reiterated his unflinching resolve to
follow through, declaring that no amount of intimidation, sponsored articles by unpatriotic hack writers or campaign of calumny can deter the vision of
repositioning the mining sector.
His words, “The mining sector was hitherto an allcomers affair where operators got away with flagrant abuse
of regulations. When we came in, we made efforts to correct this anomaly and those affected have been employing all forms of tactics, including threats and blackmail to force
us to reverse course. I want to assure Nigerians that our resolve is unflinching. We are going ahead to enforce strictly all regulations, no matter whose ox is gored”.
ActionAid Nigeria Says Macroeconomic Growth Has Shown No Impact in Citizens Living Standard
Michael Olugbode in Abuja
ActionAid Nigeria has expressed concerns that the country’s macroeconomic growth has failed to translate into better living standards for the majority of citizens.
ActionAid Nigeria, in a statement on Thursday by its Country Director, Andrew Mamedu, said since 1960 when Nigeria got her independence, the federal budget has climbed increasingly. Between 1999
and 2025 the Nigerian budget has climbed from approximately $3.1billion (excahange rate source: Oanda N299billion) to $36billion (exchange rate source Oanda N54.9trillion in 2025) yet, poverty rates in the same period have also increased proportionately in Nigeria from 42.7% of a population of 123 million people in 1999 to 52.5% of 230 million people today.
Mamedu noted that: “The latest World Bank report reinforces the lived realities
of Nigerians, confirming that poverty remains widespread and persistent.
“Although macroeconomic indicators suggest that Nigeria may be on a path toward recovery with GDP growth rates of between 3.13% and 3.9% in subsequent quarters of 2025, the benefits of such growth have not translated into real improvements in citizens’ livelihoods.
“Inflation may have eased marginally to 20.12% in August 2025 from 21.88%
in July, while food and core inflation have also improved moderately; prices remain painfully high for the average Nigerian.”
ActionAid Nigeria also noted that unemployment dropped from its 2020 peak of 10.85% to 5.05% in 2024, however, this statistical progress has not been felt by ordinary Nigerians. Historical analysis of the minimum wage reveals the dramatic erosion of economic value for the Nigerian worker.
Seyi Tinubu (L) and Mayor Lucky Igbokwe
This Week In Tech
08097710984 (WhatsApp only)
alekhuogien@yahoo.com
Dauda Lawal and the Making of a Digital Zamfara
Until recently, governance in Zamfara was almost entirely manual—paper-based files, slow approvals, and ministries that rarely shared information. Today, that landscape is changing. From the civil service to hospitals, from classrooms to transport hubs, technology is quietly becoming the new architecture of public administration. At the centre of this shift is Governor Dauda Lawal, whose administration is redefining how governance, efficiency, and access intersect. In less than two years, Zamfara has implemented a series of digital reforms that are placing the state firmly on Nigeria’s innovation map.
Rewiring Governance
The government’s digital transformation began with the modernisation of its administrative backbone. Through the Zamfara Information Technology Development Agency (ZITDA), led by its Executive Secretary, Dr Habib Gajam, the state is digitising its bureaucracy to improve efficiency, transparency, and service delivery.
Senior civil servants now operate with electronic files and official government email accounts following a comprehensive verification exercise that merged payroll and nominal rolls. The reform has strengthened accountability and reduced duplication across the system.
At the Government House, meetings of the State Executive Council now take place in a fully automated digital chamber equipped with real-time presentation systems and secure documentation. This platform—e-GovConnect—is gradually being extended to ministries and departments to streamline approvals and decision-making processes.
ZITDA is also standardising websites for all Ministries, Departments, and Agencies (MDAs) to provide a consistent digital presence for the state. Meanwhile, hospitals in Gusau, Kaura Namoda, Maru, Anka, Maradun and Nasarawar Burkullu are being automated to enhance healthcare delivery and record management.
Beyond government offices, smaller but symbolic changes are reshaping the culture of public service. The Visitors Management System (VMS) at Government House now digitises and secures visitor access, while a Biometric Attendance System ensures punctuality and accountability. To keep things coordinated, all ICT operations and personnel across MDAs have been brought under ZITDA’s supervision—a move that has ended duplication and created a more unified system across the public sector.
Building Digital Capacity
Lawal’s vision extends beyond modernising institutions. His administration is investing in people—ensuring that citizens can benefit from, and contribute to, the state’s growing digital economy.
In June 2025, Zamfara became the first state in Nigeria to launch a Digital Literacy Framework (ZDLF)—a strategic plan designed to build digital competence among youths, women, students, and civil servants. In partnership with the , ZITDA trained 150 women in essential digital skills. Each participant received an Android device, a certificate, and a ₦100,000 start-up grant to help turn their training into opportunity.
Earlier this month, the Zamfara State House of Assembly passed the bill establishing the Zamfara Institute of Information Technology (ZIIT). The institute, envisioned as a world-class hub for advanced tech education, will train
young people in areas such as artificial intelligence, robotics, blockchain, and cloud computing.
To build on this progress, Zamfara partnered with Oracle Corporation to train more than 3,000 youths through the Oracle–ZITDA Skills Initiative, focusing on Cloud Infrastructure, AI, and Autonomous Database Systems.
In Gusau and beyond, digital literacy is no longer an abstract goal—it’s becoming a reality that is reshaping how young people think about work, innovation, and the future.
Infrastructure and Innovation
No digital strategy can thrive without strong infrastructure, and Zamfara has made deliberate investments to close that gap. In 2024, the state became one of the first in Nigeria to waive Right-of-Way (RoW) charges for telecommunication companies. The decision opened the door to private investment and accelerated broadband expansion across the state. Since then, ZITDA has laid 10
kilometres of fibre optic cable across Gusau, linking key institutions such as the JB Yakubu Secretariat, the State House of Assembly, the High Court, the Zamfara Internal Revenue Service, Ahmad Sani Yariman Bakura Specialist Hospital, and the School of Nursing and Midwifery.
The result is faster, more reliable communication between government offices and public institutions. Even the transport system has been reimagined.
The Zamfara State Transport Authority (ZSTA) now operates an AI-powered fleet management and digital ticketing system for 50 new buses, each equipped with Wi-Fi, GPS tracking, and passenger safety monitoring. It’s a practical example of how technology can make everyday services smarter and more accountable.
Recognition and Global Partnerships
Zamfara’s achievements are attracting both national and international recognition. The state won the Ministerial Award for Best
Performing State in Digital Human Capital Development at the 8th National Council on Communications and Digital Economy (NCCDE) in Owerri, and later received the Titans of Tech Award for Digital Transformation State of the Year in 2022.
In 2024, Zamfara ranked first in Digital Technology Infrastructure Development at the 12th NCCIDE meeting in Benue State. The following year, the National Broadband Alliance for Nigeria (NBAN) honoured the state for its broadbandfriendly policies, particularly the RoW waiver that spurred new investments. Also, recently at the Digital Government Africa Summit in Lusaka, Zambia, Governor Lawal led the Zamfara delegation in a series of high-level meetings with global technology firms. The highlight was the signing of a Memorandum of Understanding (MoU) with NetOne Neo Technology Limited to develop Zamfara’s IT ecosystem and value chain. This agreement further reinforces the state’s growing reputation as a serious player in digital innovation. Speaking at the summit, Lawal summed up his approach in one sentence: “The measure of success is not in the number of systems deployed, but in the lives transformed.” It’s a principle that continues to shape every policy and partnership.
Beyond The Reforms
Part of what makes Zamfara’s story unique is its coherence. Every reform— from broadband to e-governance—fits within a clear vision of government that is intelligent, inclusive, and data-driven. The administration has also embedded Nigeria’s Data Protection Act into its policy framework and integrated cybersecurity into its systems to protect digital infrastructure and users alike. The impact is already visible. Young innovators from the state have presented startups at GITEX Africa, while the Women Techmakers Community now mentors girls in coding, AI, and virtual learning. The conversation about Zamfara is gradually shifting—from insecurity and neglect to innovation and potential. Despite these milestones, challenges remain. Broadband access still needs to reach remote communities, and maintaining ICT infrastructure requires consistent funding. Digital literacy must also move beyond classrooms to markets and rural households. Yet, these are not setbacks—they are reminders of how far Zamfara has come and how much further it intends to go.
Zamfara’s digital journey is still unfolding, but its direction is unmistakable. With each system deployed and each citizen trained, the state is not just modernising governance, it is rewriting its story. And perhaps the most remarkable part of that story is the growing confidence that technology can, indeed, power transformation.
Governor Dauda Lawal
TINUBU ARRIVED IN ROME...
Nigeria Targets $25bn Climate Finance by 2030
The federal government is targeting about $25 billion in climate finance by 2030 as part of its economy-wide climate governance.
Addressing a press conference at the weekend, DirectorGeneral of National Council on Climate Change (NCCC), Mrs. Omotenioye Majekodunmi, while revealing the target, said Nigeria's Carbon Market Framework had been finalised and will be submitted to Federal Executive Council (FEC) for approval.
Majekodunmi said the recently submitted Nationally Determined Contribution (NDC3.0) was different from the previous ones in many ways.
She said it departed from the "business-as-usual" approach to an absolute economy-wide emission reduction, representing
NLNG
Train
the highest ambition level to date.
Majekodunmi stated that the targets were better defined and will be supported by an investment plan to accelerate implementation.
She said Nigeria had set a 32.2 per cent increase in emission reduction, compared to the 2018 baseline, and significantly increased mitigation and adaptation ambitions with clearer targets compared to NDC2.0.
She explained that the NDC3.0 aimed to lower deforestation rate by 60 per cent, which offered substantial mitigation potential of 304.8 MtCO2eq., and sought to increase the adoption and use of cleaner energy systems by increasing captive generation capacity using cleaner fuels, installing 7 GW (50 per cent renewable and 50 per cent natural gas) as part of a practical "Energy Mix
7 Project: Daewoo Resolves Conflicting Tax Matters with Workers
Daewoo Engineering and Construction Nigeria Limited (DECN) has announced that all matters concerning tax deductions at the NLNG Train 7 project site had been fully clarified and resolved in conjunction with Rivers State Internal Revenue Service (RIRS). It would be recalled that DECN had earlier requested a 14-day window to address and resolve the tax concerns that led to a protest by welders and fitters working on the project.
In response to the situation, Chairman of Bonny Local Government Area, Abinye Pepple, convened a stakeholders' meeting and subsequently inaugurated a 14-member investigation committee to examine the tax-related concerns at the site.
Following the recent misunderstandings regarding tax deductions and clearance certificates, DECN requested RIRS to review and verify the company’s overall tax status.
In a statement signed by Community Affairs and Security Manager, DECN, Limited, Mr. Bernard Ewubare, the company explained that during the official review process, RIRS confirmed that there were no outstanding tax liabilities, discrepancies, or irregularities.
Ewubare said, "All Tax Identification Numbers (TINs) and Tax Clearance Certificates (TCCs) issued to DECN personnel are authentic, valid, and duly issued by the RSIRS. "DECN’s tax deductions, remittances, and filings have been accurately and transparently executed in full compliance with Nigerian tax laws."
Plan" on the country’s journey to net-zero by 2060.
Majekodunmi stated, “For the first time, ‘Health’ and ‘Action for Climate Empowerment’ have been included as priority sectors in our NDC3.0, demonstrating our commitment to economywide climate governance.”
She said to deliver on these commitments, Nigeria was mobilising $20-25 billion in climate finance by 2030,
including green bonds, blended finance, and public-private risksharing mechanisms, stressing, “We aim to unlock at least $7-10 billion in grants and concessional finance from global partners while promoting technology transfer.”
The NCCC directorgeneral spoke on plans for the 30th Conference of the Parties to the United Nations Framework Convention on
Climate Change (UNFCCC) (COP30) holding in Belém, Brazil, November 10-21, 2025.
She disclosed, “We have launched an electronic portal for registration of MDAs, private sector entities that wish to organise side events in the Nigerian pavilion to drive visibility and amplify our ambition as a country.
“We're using digital tools
to limit paper use and reduce our carbon footprint. By doing so, the government is leading by example.
“Participants can apply and submit all their information online.”
She also stated, “We have recently launched a robust Monitoring, Reporting, and Verification (MRV) system aligned with global best practices to track progress annually.
Amid Economic Reforms, Nigeria Sinks Deeper in Global Hunger Index, Ranks 115th Out of 123 Countries
10.5% of Nigerian children die before 5th birthday
Emmanuel Addeh in Abuja
Amid ongoing economic reforms by the Bola Tinubu administration, Nigeria has again dropped further down the Global Hunger Index (GHI) for 2025, ranking 115th out of the 123 countries assessed in the latest annual report released by the organisation.
A THISDAY's analysis of the report showed that the country’s GHI score of 32.8 placed it in the “serious” hunger category, highlighting deepening food insecurity despite current efforts to stabilise the economy.
The report comes days after the World Bank’s quarterly update indicated that although Nigeria’s economic reforms have improved fiscal stability,
foreign reserves, and growth, they have not eased hardship for citizens, with about 139 million Nigerians now living in poverty.
According to the 2025 GHI report, hunger remains a serious challenge in Nigeria, meaning that the country and several other parts of the world are not on track to eliminate hunger by 2030 as formerly projected.
The Global Hunger Index report is jointly published each year by Concern Worldwide (an international humanitarian organisation based in Ireland) and Welthungerhilfe (one of Germany’s largest private aid agencies).
It measures hunger based on four indicators: Undernourishment, child
wasting, child stunting, and child mortality. Nigeria’s decline reflects worsening nutritional outcomes across these dimensions, particularly in the northern regions, where conflict, displacement, and erratic rainfall have compounded economic hardship.
The 2025 report showed that while several African countries made modest improvements in reducing hunger, Nigeria’s situation deteriorated, remaining one of the lowest-ranked countries globally and performing worse than neighbours such as Ghana, Cameroon, and Benin.
According to the report, nearly one in four Nigerians is undernourished, while child stunting—an indicator of chronic malnutrition—
remains alarmingly high. Child wasting, which reflects acute malnutrition, has also increased in parts of the country due to inflation-driven food shortages and poor access to health and sanitation services. These setbacks have contributed to a stagnation, and in some cases reversal, of progress in reducing hunger.
Although the country has in recent years sunk deeper into poverty, the short-term effects of the federal government’s fiscal reforms—including the removal of fuel subsidies, foreign exchange unification, Naira devaluation, bad road infrastructure as well as insecurity have driven up food and transportation costs, pushing more households into extreme hardship.
UN-Habitat's Partnership with EKSG Advances to Implementation Level, as FIG Hails Oyebanji's Geospatial Revolution
Gbenga Sodeinde in Ado Ekiti
The Technical Adviser to Governor Biodun Oyebanji of Ekiti State on e-GIS and Land Management, Akintobi Oluwasanmi, has disclosed that the Memorandum of Understanding signed between Ekiti State and UN-Habitat in June 2023 has advanced to
implementation stage.
According to him, a contribution agreement is now undergoing final legal review, paving the way for the drafting of the state’s first-ever Comprehensive Master Plan within six months of project commencement.
He added that key infrastructure including
Continuous Operating Reference Stations has been fully installed and is already capturing high-resolution imagery of the entire state.
This was revealed during the flag-off of a five-day technical mission in Ado-Ekiti under the Global Land Tool Network (GLTN) Catalytic Intervention programme
themed “Strengthening Innovative Approach towards Enhanced Land Governance.” He added that the project will deliver a comprehensive master plan within the first six months of its formal commencement, signaling the end of the state’s 141-year land documentation deficit and ushering in a new era of digital land governance.
Blessing Ibunge in Port Harcourt
Michael Olugbode in Abuja
President Bola Ahmed Tinubu being welcomed by Head of Mission, Nigeria Embassy, Rome, Ambassador Mustapha Chagwas Mohammed; and Chief of Protocol and Minister Plenipotentiary, Mr. Bruno Pasquino, at Fiumicino International Airport, Rome, Italy, as President attends Aqaba Process Heads of State and Government Level Meeting, yesterday
SANWO-OLU HONOURS TEAM LAGOS...
Faleye Advocates New Social Protection Strategies to Tackle AI-induced Risks
Onyebuchi Ezigbo in Abuja Managing Director and Chief Executive of Nigeria Social Insurance Trust Fund, (NSITF), Olúwaseun Faleye, has advocated the adoption of fresh initiatives to address work-related risks resulting from emergence of artificial intelligence.
Faleye said there was a need to retool the social protection package for Nigerian workers in the face of AI-induced disruptions in workplace to accommodate new risks.
A statement signed by NSITF Deputy General
Manager, Corporate Affairs, Alex Mede, quoted Faleye as having made the call in his presentation at the 2025 Labour Writers Association of Nigeria Workshop in Ibadan
In his presentation, titled, “Social Security and Protection for Nigerian Workers Amid AI Disruption," the managing director said due to technological innovations, such as AI, "Work-related risks are expanding.
"They are no longer only injuries sustained in factory floors; they now include technological displacement, income instability, and
psychological stress caused by rapid workplace changes."
To mitigate these risks, Faleye said a new social protection order must evolve.
He stated, "We must rethink coverage, redefine risk, and reimagine support. In the era of AI, social security must not only compensate, it must empower."
He called for intentional policies and sustained investment in social security.
Faleye expressed worry about the attendant displacement of workers., adding, "AI promised efficiency and productivity,
but it also threatens traditional jobs from factory floors to administrative offices."
He stated that the question should be protection of displaced workers.
Faleye also identified Nigeria's peculiar challenges in ensuring full social protection, saying low coverage is being exacerbated by a large informal sector constituting over 80 per cent of the economic sector, which is outside of the safety net.
He attributed the low patronage to limited awareness of the benefits and rights concerning the
Sagagi: Bauchi Summit Records Over $5bn Investment Deal, 47 MoUs Signed
Segun Awofadeji in Bauchi
At the end of two-day engagements during the first ever Bauchi State Business and Investment Summit, aimed at opening the state to the business world, a total of 47 Memoranda of Understanding (MoUs) were signed with local and foreign investors willing to invest huge sums of money in the state. Chairman of the Summit Planning Committee, Professor Murtala Sagagi, disclosed this while reading
the communiqué at the end of the event.
Sagagi said the agreements covered agriculture, solid minerals, power, infrastructure, tourism and hospitality, sports, ICT and other key sectors of economic development.
He announced that one of the MoUs translated into a concrete investment deal worth $1billion, which will become operational before the end of the year.
The summit, which held October 7-9 at the newly
opened Ahmadu Bello International Conference Centre, concluded on a high note, generating over $5 billion in investment pledges, aside signing of several MoUs between investors and the state government.
Sagagi said the summit attracted investors and delegations from countries, including China, Tunisia, Algeria, Turkey, Egypt, and Pakistan, who expressed readiness to invest in Bauchi’s expanding economy.
He added that the summit,
organised under Governor Bala Mohammed’s “My Bauchi Project” vision, brought together key stakeholders from the public and private sectors, civil society, traditional institutions, and development partners.
The organising committee chairman stated that the deliberations focused on exploring Bauchi’s comparative advantages in agriculture, tourism, and solid minerals to drive inclusive growth and job creation across the state.
Lagos, UBEC Inaugurates Full Digitisation of Public Schools to Advance Basic Education
The Lagos State Government, weekend, inaugurated the full-scale digitisation of its public primary and junior secondary schools in partnership with the Universal Basic Education Commission (UBEC), aimed at transforming basic education system through digital innovation. The event, held at Queens College, Yaba, was part of a nationwide initiative by UBEC to integrate technology into basic education and improve the quality of teaching and learning in public schools. Speaking at the distribution of interactive smart boards, the Executive Chairman of the Lagos State Universal Basic Education Board (LASUBEB), Dr. Hakeem Shittu, described the launch as a significant step towards transforming classroom learning and ensuring that Nigerian children are equipped with 21st-century skills.
Employees' Compensation Scheme operated by NSITF.
Faleye, however, expressed the hope that AI itself could play a positive role in achieving global social protection coverage in Nigeria.
He explained, "AI itself offers tools to make social protection more efficient. From digital identity systems that verify workers, to predictive analytics that help detect fraud or anticipate workplace risks before they happen."
The NSITF managing
director highlighted priority areas where AI could help in achieving desired results as expansion of social security and protection, investing in digital literacy and reskilling for workers, leveraging AI for social security delivery, collaboration among government, labour, and employers for sustained dialogue, and making the Nigerian workers' welfare the centre of all innovation. He urged journalists to help disseminate information on the issue.
Historical Society of Nigeria: We Fought Hard to Restore History to School Curriculum
Linus Aleke in Abuja
The Historical Society of Nigeria (HSN) has said that it waged a relentless war to restore History to the Nigerian education curriculum.
The federal government had removed the study of history from the curricula of primary and secondary schools during the 2009/2010 academic session.
Although the subject was reintroduced by the federal government in March 2018, the Historical Society revealed this move followed its sustained engagement with policymakers in the education sector.
Speaking during a press conference in Abuja over the weekend, the Acting President of the Historical Society of Nigeria, Mrs. Zara Kwaghe, also announced that arrangements for the 70th Congress of the Historical Society of Nigeria and the 6th Congress of the Association of
African Historians, scheduled to mark the Society’s 70th anniversary in Abuja on Monday, have been concluded.
“Now, the conference is not just a gathering of historians, as I have said. It is our 70th anniversary, and it is a conference that reflects on everything we have done over the past 70 years - how we have contributed to scholarship in Nigeria and how the existence of the Historical Society of Nigeria has enriched the academic world while also promoting nation-building.
“If you recall, there was a time when History was removed from the school curriculum. It was the Historical Society of Nigeria that fought for its return. Today, we are proud to say that our efforts succeeded. So, as our theme says: ‘70 Years of Resilience – Honouring Nigeria’s Past, Envisioning Its Future.’
Funmi Ogundare
Governor of Lagos State, Mr. Babajide Sanwo-Olu (fifth left), being presented the Trophy won by Team Lagos at the 2025 National Youth Games in Asaba by Director General of Lagos State Sports Commission, LSSC, Mr. Lekan Fatodu (fifth right), during a State reception in honour of Team Lagos, at the Lagos House, Alausa, Ikeja, on Friday
70TH ANNIVERSARY OF FOURSQUARE CHURCH...
L-R: Wife of General Overseer, Foursquare Gospel Church in Nigeria, Rev.
Tinubu Eulogises Son, Seyi, on 40th Birthday
Says family proud of him for imbibing values of discipline, integrity, hard work Sanwo-Olu calls him role model to the youth As Noella Foundation unveils nationwide impact projects to honour Seyi
Deji Elumoye in Abuja and Sunday Ehigiator
President Bola Tinubu has eulogised his son, Seyi, as he clocks 40 today.
In a six-paragraph tribute issued on Sunday, Tinubu expressed joy that his son had grown to a man that the entire family was very proud of for imbibing values of discipline, integrity, and hard work.
Lagos State Governor Babajide Sanwo-Olu also celebrated the president’s son, stressing in a statement on Sunday by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, that he has become a model to millions of youths in the country.
Noella Foundation, with support from friends and wellwishers, launched a series of social impact initiatives across Nigeria in celebration of its co-founder, Mr. Seyi Tinubu,
as he turns 40. In a statement yesterday, the foundation announced that the commemorative projects would span healthcare, education, and entrepreneurship, reflecting Seyi’s values of empathy, service, and collective responsibility.
Tinubu, in the release, stated, "My Dear Son,
"Today, as you turn forty, I thank Almighty God for your life and the man you have become. You have walked your path with focus, courage, and humility, and you have done so with a heart that seeks to build, serve, and uplift others.
"From an early age, you have shown determination and a desire to create and lead. I have watched you turn ideas into institutions and challenges into opportunities. In business and in service, you have shown that true success is not measured by wealth or power but by
the impact we make and the lives we touch.
"Forty is a special age. It bridges youthful drive and the more profound wisdom that life brings. You have carried your name with honour and have remained faithful to the values of discipline, integrity, and hard work.
"Our entire family is proud of you. We are proud of the family you are building with Layal, your devotion as a husband and father, and your commitment to making a difference in your generation.
"As you celebrate this milestone, remember that your strength lies in what you achieve and how you inspire others to believe in themselves. May God bless you with wisdom, good health, and peace.
"Happy 40th Birthday, my son. You have made us proud, and I know you will continue
to make Nigeria proud.
"Your Dad, Bola Ahmed Tinubu."
Sanwo-Olu, in the statement, praised Seyi’s kind-heartedness.
He stated, "On behalf of my family, the government and people of Lagos State, I extend my warmest congratulations to Seyi Tinubu, the son of our leader, President Bola Tinubu, on the occasion of his 40th birthday.
"Seyi Tinubu's 40th birthday marks not only a milestone in his personal journey but also a moment of deep reflection for what he stands for, the lives he has touched and the positive impacts he has made within and outside government.
"He is a focused, courageous, disciplined and humble young man who has done a lot to build, serve, impact and uplift others, especially the younger
TotalEnergies Recommits to Improved Education, Youth Devt
Organises book reading competition for secondary school students in Rivers
Blessing Ibunge in Port Harcourt
TotalEnergies EP Nigeria limited has reaffirmed its commitment to education and youth development in areas of its coverage and Nigeria at large.
This as the oil giant has organised a book reading competition and open day event for Senior Secondary Schools Students in Rivers State. Speaking at the book reading event for the students held at TotalEnergies office,
Port Harcourt, the Deputy Managing Director, Joint Venture Asset, TotalEnergies Mr. Olivier Cassassoles, said the initiative to encourage young ones to read, is not just about increasing literature but to nurture minds capable of empathy, creativity and critical thinking. Cassesolles stated that for over 60 years, TotalEnergies has been passionate about lighting up minds and empowering future generations through education.
He also stated that the lives of the students today
and in the future, depends on the books they read and the knowledge they possess, as he traced his own life and success stories to an early exposure to books.
He explained that "Our schemes have enabled thousands of Nigerian students to access quality education and be recognised for their achievements. Over 30,000 youths received community scholarships (2012–2020), and more than 39,000 were awarded through the National Merit Scholarships Scheme since 2003".
The DMD also stated that "Institute of Petroleum and Energy Studies (IPES) connects academic theory with practical industry skills, giving students relevant exposure. Since 2003, 705 petroleum engineers (MSc & PGD) have graduated from IPES, Uniport."
He added that in partnership with NNPC Ltd and MIT, the Empowering the Teachers (ETT) Fellowship Program offers African university lecturers advanced training opportunities at the Massachusetts Institute of Technology (MIT)".
generation, whom he has touched positively as a role model worthy of celebrating.
"He is a voice to reckon with in Nigeria because of how he has impacted many youths and lifted up many people through several interventions and empowerment in different parts of the country.
"As Seyi Tinubu steps into this new decade, may his path be marked by greater accomplishments, deeper
impact, and continued grace. I pray that God will bless him with long life, sound health, and renewed wisdom as he turns 40."
Among the highlights of Noella Foundation’s commemorative projects were healthcare initiative offering free medical insurance to 1,000 Nigerians, particularly pregnant women and individuals living with sickle cell disorder.
Dry Season Farming: Niger Targets
360,000 Metric Tonnes of Rice
Laleye Dipo in Minna Niger State is targeting the harvest of 360,000 metric Tonnes of Rice next dry season and has engaged various communities in Wushishi Local Government Area of the state to achieve the target.
The government, through the Niger Food and Security Logistics Limited, has signed a land lease agreement with local farmers represented by their district, village and ward heads in the communities as part of arrangement to achieve the target
A statement by the Information Officer of the Company Hajia Rashidat Abdulrahaman quoted the Chairman of Niger Foods Limited, Mr. Sammy Adigun, as describing the Memorandum of Understanding (MoU) as "a transformative step for both the state and Nigeria’s agricultural sector".
Mr. Adigun, according to the statement, explained that the
project is not just about food production; it is a complete value chain that will create job opportunities, especially for young people.
" It will also drive community development through the provision of infrastructure such as roads, power supply, and schools,” Adigun said in the statement adding that the initiative also aligns with the national goal of achieving food sovereignty and enhancing agricultural capacity.
The project is expected to significantly boost rice production, strengthen food security, and deliver socioeconomic benefits across Niger State and beyond Adigun said.
Chairman of Wushishi Local Government Area, Alhaji Mohammed Yelwa, commended the state government and Niger Foods for bringing the project to his constituency, pledging his support and commitment to ensuring its success.
Mrs. Olabisi Aboyeji; General Overseer, Rev. Dr. Sam Aboyeji; Founder and Senior Pastor, Living Faith Church Worldwide (aka Winners’ Chapel), Bishop David Oyedepo; International President of Foursquare Gospel Church, Rev. Randy Remington; and his wife, Pastor Mrs. Sandy Remington, during the 70th Platinum Anniversary of Foursquare at Church Camp, Ajebo, Ogun State… recently
INDEPENDENT'S PLATINUM JUBILEE OF FREE UNIVERSAL PRIMARY EDUCATION...
at Eko Hotel and Suites, Lagos on Thursday.
Tinubu: Free Primary Education, Ladder Out of Poverty
President Bola Tinubu has said the free primary education schemes launched across the country in 1955, 1957 and 1960 respectively by the Premiers of the Western Region, Eastern Region and Northern Region served as a ladder out of poverty for many Nigerians.
He said the free primary education policies by the nation’s founding fathers constituted a bridge to dignity for countless families
across the country.
President Tinubu spoke as the Distinguished Guest of Honour at the 70th anniversary of the launch of Free Universal Primary Education in Nigeria held at the Eko Hotel on Thursday in Lagos.
The platinum jubilee was organised by the Independent Newspapers Limited as part of the 65th Independence Anniversary celebrations. Represented by the
Executive Secretary of Universal Basic Education (UBEC), Aisha Garba, Tinubu lauded the foresight of Chief Obafemi Awolowo, Dr Nnamdi Azikiwe and Sir Ahmadu Bello and urged governments across the country to follow in the footsteps of the founding fathers.
According to the President, “Our founding fathers did not merely launch a programme - they defined
a national identity that Nigeria’s greatness is rooted in the enlightenment of all.
“Anniversaries summon us to fidelity. The torch lit in Ibadan (on January 17, 1955) must not dim. It is the duty of every government to renew the covenant that schooling is the right of every Nigerian child.
“Under this administration that renewal has a name: the Renewed Hope Agenda. It is not a slogan, but the
Rent Control: Abia House Differs with Otti, Moves to Regulate House Rent to Protect Tenants
The Abia State House of Assembly is poised to enact a law that would curb the skyrocketing house rent in the state and save tenants from the excesses of landlords and house agents.
A bill tagged The Abia State Landlords and Tenants Bill, 2025 is now undergoing the process of becoming law in the legislature. The state lawmakers are said to be favourably
disposed to accelerate the passage into law of the Bill, which is for the Regulations of Tenancy and Landlords Relationship and other Matters Incidental thereto.
The move to regulate house rents through legislation appears to have put the lawmakers in disagreement with Governor Alex Otti, who has publicly declared his opposition to rent control by government.
Otti had on September 25, 2025 during his monthly media
chat, foreclosed the possibility of controlling the high cost of house rents in the state, saying that "moral suasion" was a better alternative.
He argued that cost of accommodation was a function of demand and supply hence as more people need houses and are willing to pay for the available ones the cost would keep shooting up.
"I don't believe in so much control (of house rent). If we wield the big stick, you'll create a black market," the
Abia governor said, adding that "we have to tackle the problem from the root cause", which is housing deficit.
He said that he would "break the oligopoly" of house owners by making houses available to Abia people through the housing projects of the State Ministry of Housing. Otti further stated that he would rather appeal to the conscience of landlords and house agents to moderate rents so that people could pay without stress.
Tamrose Completes Repayment of $10m NCI Fund Loan from NCDMB Intervention Fund
Olusegun Samuel in Yenagoa
Tamrose Limited, a leading oil and gas service company, has announced the successful repayment of a $10 million loan it obtained in 2019 from the Nigerian Content Intervention Fund (NCI Fund).
The dedicated financing scheme managed by the Nigerian Content Development and Monitoring Board (NCDMB) for growing capacity in the oil and gas industry.
A statement by Obinna Ezeobi, General Manager, Corporate Communications, said the board had confirmed
that the final instalment was completed on September 30, 2025, with no missed payments throughout the six-year repayment period.
At the time of accessing the loan, Tamrose operated with only four security patrol vessels. With the support of the NCI Fund, the company expanded significantly and today owns a fleet of 15 vessels comprising 10 security patrol vessels and five platform supply vessels. This growth, achieved within six years, positions Tamrose as a leading indigenous marine solutions
provider to Nigeria’s oil and gas industry.
The Executive Chairman of Tamrose Limited, Mr. Ambrose Ovbiebo, disclosed that the repayment milestone reflects both the rigorous standards NCDMB applies in selecting beneficiaries and the impact of its interventions in building real capacity among indigenous players.
For Tamrose, it marks a defining moment in its growth journey and reinforces its position as a proud beneficiary and flag bearer of the NCDMB legacy.
In a letter addressed to
the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, Ovbiebo expressed appreciation to the Board for its unwavering support of indigenous companies.
He stated the repayment milestone also marks a defining moment in the company’s growth journey as a marine solutions provider and as a proud beneficiary of NCDMB’s intervention.
In recognition of this achievement, Tamrose proposed to host a celebration event at the NCDMB conference hall in Yenagoa, Bayelsa State on November 13 2025.
organising principle of this administration - to make education once again the engine of national renewal, the guarantor of equal citizenship, and the path to shared prosperity.
Weighing in on the challenges posed by the huge numbers of out-of-school children across the states, Tinubu said “Education is not just a social service. It is a national security imperative, economic growth strategy, and moral duty.
“Every Naira we invest in education is an investment in Nigeria’s future. The youth are our greatest asset, but also our most significant test. We cannot stand by while our children are out of school.
“We must guarantee access and learning. We must deliver equity and quality.
Anything less would betray the covenant made seventy years ago.” He restated the commitment of his administration to place education at the centre of policy, financing and governance.
Citing the example of milestone reforms in the education sector under the watch of Aisha Garba, the President observed that “The Universal Basic Education Commission has evolved from a grant administrator to a true system reformer.” UBEC, he said, “now focuses on increasing equitable access to basic education in all parts of Nigeria, improved quality learning, stronger financing and institutional reform nationwide.
Otti Pledges State Partnership with Cleric to Establish Geriatric Village in Abia
Emmanuel Ugwu-Nwogo in Umuahia
Abia State is set to get a geriatric village to cater for the welfare of the elderly citizens, following Governor Alex Otti's decision to involve government in the project conceived by Rev Fr. Christian Uche Anokwuru.
Otti's interest in the geriatric project was sparked by a statement from the Catholic priest, who is also the Governor's Special Adviser on Policies and Interventions.
Anokwuru declared at the launch of his book, "Nature and Nurture: Beyond Autobiography" in Umuahia, weekend, that he would plough the proceeds into setting up a geriatric village.
Otti, who was at the book launch, said he was impressed that Fr. Anokwuru was not launching his book for personal gains but for the well-being and healthcare of the elderly.
He congratulated the author "for the courage, the resilience,
and the hard work (he put in) to complete the book", adding that the book is "already a success" because of Anokwuru's good intention to build a healthcare facility for the elderly.
Governor Otti therefore pledged that his government would partner Rev. Father Anokwuru to realise and sustain the proposed geriatric village project.
"I don't think, as a government, we should sit by and watch him do this alone. The people who will use the centre are also our people.
"So, I'm looking at a partnership whereby the government would engage with him (Fr. Anokwuru) and partly own this and support it financially," Otti said.
He stated that the establishment and running of the geriatric village would be carried out under a publicprivate-partnership, explaining that "government needs to get involved" as the project would require "a lot of money".
Emmanuel Ugwu-Nwogo in Umuahia
Emeritus Prof. Uche Azikiwe, widow of former President (left): Akin Adewakun, representative of Ambassador Tokunboh Awolowo-Dosunmu (second left); Aisha Garba, Executive Secretary, Universal Basic Education Commission (UBEC)/representative of the President (middle); Hafsatu Shinkafi, granddaughter of Sir Ahmadu Bello (second right), and Mustafa Shehu Malami during Independent's Platinum Jubilee of Free Universal Primary Education held
Former Vice President Atiku Abubakar said the recent presidential pardon by President Bola Tinubu had provoked outrage across the country, stressing that it not only undermined justice but also emboldened criminality.
African Democratic Congress (ADC) also condemned the decision to grant presidential pardons to dozens of convicted drug traffickers and smugglers, describing it as a national disgrace and move that encouraged crime.
In a statement personally signed, Atiku said, ''Ordinarily, the power of presidential pardon is a solemn prerogative, a moral and constitutional instrument designed to temper justice with mercy and to underscore the humanity of the state. When properly exercised, it elevates justice and strengthens public faith in governance.
Atiku said at a time when Nigeria was reeling under the weight of insecurity, moral decay, and surge in drugrelated offences, ''It is both shocking and indefensible that the presidency would prioritise clemency for those whose actions have directly undermined national stability and social order.
''Particularly worrisome is the revelation that 29.2 per cent of those pardoned were convicted for drug-related crimes at a time when our youth are being destroyed by narcotics, and our nation is still struggling to cleanse its image from the global stain of drug offences.
''Even more disturbing is the moral irony that this act of clemency is coming from a president whose own past remains clouded by unresolved and unexplained issues relating to the forfeiture of thousands of dollars to the United States government over drug-related
''Regrettably, the latest pardon issued by the Tinubu administration has done the very opposite. The decision to extend clemency to individuals convicted of grave crimes such as drug trafficking, kidnapping, murder, and corruption not only diminishes the sanctity of justice but also sends a dangerous signal to the public and the international community about the values this government upholds.''
investigations.
“It is, therefore, no surprise that this administration continues to demonstrate a worrying tolerance for individuals associated with criminal enterprise.
''A presidential pardon is meant to symbolise restitution and moral reform. Instead, what we have witnessed is a mockery of the criminal justice system, an affront to victims, a demoralisation of law enforcement, and a grave injury to the conscience of
the nation.
“Clemency must never be confused with complicity. When a government begins to absolve offenders of the very crimes it claims to be fighting, it erodes the moral authority of leadership and emboldens lawlessness. Nigeria deserves a leadership that upholds justice, not one that trivialises it.”
Similarly, ADC, in a strongly-worded statement by its National Publicity Secretary, Mallam Bolaji
Abdullahi, described the presidential pardon for drug convicts as “pathetic and a national disgrace”.
ADC warned that the move undermined Nigeria’s anti-drug efforts, encouraged crime, and further tarnished the country’s image before the international community.
Abdullahi stated, ''It amounts to a most irresponsible abuse of the presidential power of prerogative of mercy to grant express pardon to dozens
Bakare: I Never Mocked Victims of
Chuks Okocha in Abuja and Segun James in Lagos
Founder of Citadel School of Government and Serving Overseer of Citadel Global Community Church (CGCC), Pastor Tunde Bakare, has explained that his remarks linking the 2006 plane crash to the opposition African Democratic Congress (ADC) was not aimed at mocking victims of the crash.
Addressing newsmen yesterday, Bakare decried what he called “misconceptions and misrepresentations” of his comments at the first
edition of Citadel School of Government Dialogue Series on October 4.
Bakare said his reference to ADC was a metaphor to illustrate the challenges facing some political parties in Nigeria, not a commentary on the plane crash or its victims.
He said the ADC Airline’s crash of October 29, 2006 was one of the fatal plane crashes in Nigeria.
The ADC Airlines Flight 53, which took off from the Nnamdi Azikiwe International Airport, Abuja, to Sokoto, crashed shortly after takeoff, killing 98 passengers,
of convicts held for drug trafficking, smuggling, and related offences, especially when most of these convicts have barely served two years in jail for offences that carry a penalty of life imprisonment.
''According to official media statements, it appears that all it takes to get presidential clemency for even the worst of crimes in Nigeria, including drug trafficking, gun running, and murder, is to “show remorse and learn skills.”
2006 Plane Crash
including the then Sultan of Sokoto, Alhaji Muhammadu Maccido.
Bakare stressed that the formation of ADC, the opposition coalition party chaired by former Senate President, Senator David Mark, had brought to light the tragic event of 2006.
Clarifying his statement, Bakare stated that his comment on Saturday, October 4 “did not in any way bring into the spotlight the victims of the October 29, 2006, ADC Airline crash”.
“I pray that all those with lingering pain from that event
FG THREATENS ‘NO WORK, NO PAY’ AS ASUU BEGINS TWO-WEEK WARNING STRIKE TODAY
National President of ASUU, Prof. Chris Piwuna who addressed journalists in Abuja said the warning strike “will be total and comprehensive.”
In a related development, the ASUU, Sokoto Zone, has raised a red flag over the neglect of Nigerian universities by the federal government. At a town hall meeting, union leaders and stakeholders expressed deep concern over the government's failure to address challenges facing the nation's university system.
Prof. Nurudeen Almustapha,
Chairman of ASUU's Usmanu Danfodiyo University branch, lamented that government's inaction has led to a dire situation.
The ASUU national president on his part said: “This two-week warning strike should be taken as a window by the government to address our demands. It is a window for the government to stop the deceit and go back to the negotiating table and resolve this issue with us.
“If they don't, we are going to meet again after two weeks and when we do, we will take
action that will certainly be different from this one (twoweek) warning strike. If we embark on that journey, it will be total and there will be no going back,” ASUU declared. Piwuna noted that despite engagements with the federal government, there was nothing substantial to address issues raised at its NEC meeting on September 28. He accused the government of raising the hopes of ASUU members through a “document hurriedly put together by the government.”
The National Executive Council (NEC) had issued a 14-day notice to the government on September 28, threatening to embark on a strike if nothing was done with regards to its demands. The ultimatum ended on October 12.
Piwuna listed ASUU’s seven demands as the re-negotiation of the 2009 ASUU-FGN Agreement, sustainable funding of public universities, revitalisation of universities, an end to the alleged victimisation of ASUU members in Lagos State University (LASU),
KSU (now Prince Abubakar Audu University) and Federal University of Technology (FUTO), payment of outstanding 25–35 per cent salary arrears, settlement of promotion arrears spanning over four years, and remittance of outstanding thirdparty deductions.
Chairman of ASUU's Usmanu Danfodiyo University branch, said the federal government has failed to implement the Nimo Briggs and Ahmed Yayale committee reports, and to settle the backlog of earned academic allowances.
will find complete healing and comfort,” he added. Bakare stated that some critics had taken his words out of context and accused him of insensitivity. He said his use of the imagery was not different from how others had employed metaphors like the “Titanic” to warn of impending danger.
“When one takes the ‘text’ out of ‘context,’ one becomes a ‘con’,” Bakare said, adding that he would not normally respond to public criticism but chose to clarify the matter for the sake of accuracy and fairness.
Also, Prof. Abubakar Sabo, Zonal Chairperson of ASUU Sokoto zone, echoed similar sentiments, accusing the government of deception. "What is eminently clear to all of us is deception on the side of the federal government. They are being so deceptive, whenever we approach them, with the understanding that these agreements will be fulfilled. But up till this moment, I can tell you that nothing has been done by this present administration regarding our members," he stated.
L-R: Founder, Proshare Nigeria, Olufemi Awoyemi; Director, Administration, Julius Berger Nigeria Plc, Dr. Abdulaziz Isa Kaita; Brand Advisor, Top 50 Brands, Dr. Shanmuga Priya; Sales, Marketing and Development Director, Eko Atlantic City, Pierre Ede; Chief Executive Officer, Ladybird Advertising, Bunmi Oke; Chairman, Platform Capital, Dr. Akindele Akintoye; and CEO, Top 50 Brands Nigeria, Taiwo Oluboyede, during the Brand Nigeria Leadership Forum held in Lagos, last Friday SUNDAY ADIGUN
CLOSING GONG CEREMONY AT THE NGX TO COMMEMORATE WORLD MENTAL HEALTH DAY...
L–R: Team Lead, Group Legal Services, Nigerian Exchange Group, Mrs. Bisola Oguejiofor; Team Lead, Primary Market, Mrs. Ivie Dima-Okojie; Group Chief Finance and Strategy Officer,
SAN; Medical Director & Psychiatrist-in-Chief,
Lagos...on Friday. (Photo: Pinnacle Medical Services)
2027: Delta APC Canvasses Sole Candidacy for Tinubu, Oborevwori Ahead Reelections
Joining APC right step in right direction, says Okowa
Omon-Julius Onabu in Asaba
The Delta State chapter of the All Progressives Congress (APC), has passed a vote of confidence in President Bola Tinubu and Governor Sheriff Oborevwori of the state, endorsing both men as sole candidates for the presidential and gubernatorial elections in 2027.
The endorsement was done during an APC stakeholdersmeeting yesterday at the Government House, Asaba, attended by top leaders of the party, serving and former national and State legislators, political appointees, local government chairmen and party chairmen as well as eminent political leaders across the three senatorial districts.
The motion of confidence vote was moved by the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, and seconded by former Speaker of the Delta State House of Assembly, Hon. Victor Ochei.
Prior to moving the motion, Keyamo lauded what he described as Tinubu’s “bold reforms and transformative leadership,” citing the removal of fuel subsidy as a responsible
policy decision that helped in redirecting billions of naira into critical national infrastructure.
"Just two days ago, Mr. President approved $1 billion for resuscitation of the Warri Port and others. He also mentioned other key national projects, including the Lagos/ Calabar coastal road and the rebuilding of Lagos Airport. These are direct results of subsidy removal savings. The President has proven to be a prudent manager and visionary leader," he said.
Keyamo also commended Governor Oborevwori for his visionary leadership and for the massive infrastructure development the state was witnessing under his watch.
He, therefore, moved that, “The Delta APC passes a vote of confidence in President Bola Ahmed Tinubu and Governor Sheriff Oborevwori, and adopts them as the party’s sole candidates for the 2027 general election.”
Seconding the motion, which was unanimously adopted, Ochei hailed Tinubu and Oborevwori’s inclusive governance and developmental impact across Nigeria and Delta State.
“The people of Delta State and the South-South stand
firmly behind the President and and Governor Sheriff Oborevwori for their vision for a renewed Nigeria and Delta State,” he said.
In his remarks, Oborevwori expressed gratitude to the APC stakeholders for the confidence reposed in him and President Tinubu, assuring them of his administration's continued delivering on its development blueprint for Delta State.
“I want to thank you for the confidence reposed on us and for accepting us as sole candidates in 2027. The APC
is growing stronger by the day because more governors will join us before the end of November," he said.
He applauded Tinubu’s leadership, describing him as “a man who rewards loyalty, commitment, and results.”
According to him, “In 2027, our votes will be our report card. Those who claim to love the president must show it through the ballot. I won 21 out of 25 local governments in the last election because we worked and stayed loyal. That’s what real commitment means,”
Oborevwori said.
Nonetheless, the governor has warned against disloyalty within the party, stressing that some members who did not work for APC during the last elections had benefited unduly.
"Some in power today didn’t work for the APC, but we know them. When the time comes, we will expose them. This time, loyalty will be rewarded, not hypocrisy,” he noted.
He sued for unity and collective decision-making, urging leaders to put the
interest of the party above personal ambitions.
Immediate past governor of Delta State, Dr Ifeanyi Okowa, expressed delight at the impressive gathering, describing the April 28, 2025 mass defection into the APC as “a turning point in the state’s political history.”
Okowa added, "Today, I can confidently say that joining the APC was the right step in the right direction. The party is now stronger, more united, and better positioned for victory in 2027."
Atiku: Young Nigerians Are Losing Hope Obi: Hardship Affecting Nigerians Mentally
Former Vice President Atiku Abubakar has expressed concerns that young Nigerians were beginning to lose hope in the future of the country.
This was as a presidential hopeful, Peter Obi, has alleged that the current hardship in the country was affecting Nigerians mentally.
Atiku said he felt deeply sad over how young Nigerians were lamenting over hardship, fraudulent elections and bad
governance.
Posting on his Facebook page, the former Vice President told the youths that the change they desired could not be attained by voter apathy, noting that 25 per cent to 30 per cent voter turnout in every election cycle was not encouraging.
He wrote: “I am extremely concerned at how young Nigerians are losing hope about the future of our country.
“Every time they come to have a conversation with me about bad governance, fraudulent
elections, and resultant hardship being faced by citizens, I deeply feel sad about the situation.
“Yesterday evening, I received yet another group of youths from across the 19 Northern states, led by Alh. Adamu Bappa Gombe.
“They were worried about how their votes don’t count and how bad governance and policies impact negatively on their standard of living and private businesses.
“I have continued to encourage them not to give up. I told them the change they desire can only come through the ballot. I reminded them that they have a responsibility to mobilize their fellow young people to keep participating in the process of leadership recruitment through elections.
“I reminded them that the change they desire cannot be attained by voter apathy and that 25% to 30% voter turnout in every election cycle is not encouraging. I challenged them to make a huge difference by influencing massive participation in 2027.
STERLING OIL SAYS IT HAS ACHIEVED 25% EMISSIONS REDUCTION, ADOPTS CNG USE FOR EQUIPMENT, VEHICLES
production success from the Okwuibome (OKW) and Anieze fields under the oil mining lease (OML) 143, and more recently expanding into OML 13 in Akwa Ibom State.
Offokansi revealed that over 90 per cent of SEEPCO’s vehicle and equipment fleet now operates on CNG— a bold switch that, according to the company, has already achieved a 25
per cent reduction in overall emissions from its operations.
He added that the company has also upgraded its barges with structural enhancements to better protect Nigeria’s waterways from pollution and accidental spills.
Offokansi, an environment and sustainability expert, further outlined the firm’s expanding green footprint, highlighting
robust waste management systems, water conservation regimes, and a tree-planting initiative that has surpassed 10,000 seedlings in host communities.
He clarified that these achievements were not just milestones but reflect SEEPCO’s enduring commitment to accountability and sustainability.
“We measure success not only by growth, but by the
positive impact we create for people, communities, and the environment,” he remarked.
“Overseeing Human Resources & Industrial Relations at SEEPCO, I am focused on ensuring that our people thrive, our host communities feel valued, and our operations remain aligned with the highest environmental and social standards.
“We believe progress
must go hand-in-hand with protecting human rights, advancing inclusion, and working transparently with regulators and stakeholders,” Offokansi stated.
Meanwhile, as a testament of its outstanding commitment to green transition and environmental stewardship, SEEPCO was honoured with the 'Sustainability Company of the Year award' by NAEC, in
recognition of its outstanding commitment to green transition, environmental stewardship and the general ESG compliance across its operations in the Nigerian oil and gas industry.
Offokansi commended the organisers for the recognition and reaffirmed SEEPCO’s commitment to strengthening partnerships and advancing sustainable innovation across Nigeria’s energy landscape.
Chuks Okocha in Abuja
Mr. Adebayo Opatade; Head, Primary Market, Mr. Tony Ibeziako; Chairman, Pinnacle Medical Services, Prince Yusuf Kadiri,
Pinnacle Medical Services, Dr. Maymunah Kadiri; Past National President, Medical Women’s Association of Nigeria, Dr. Dorothy Esangbedo; Consultant Psychiatrist, representing National President, Association of Psychiatrists in Nigeria, Dr. Veronica Nyamali; Medical Director, Federal Neuro-Psychiatric Hospital, Yaba, Dr. Olugbenga Owoeye; Medical Director, Nigerian Television Authority, Dr. Martina Agberien and President, International Visitor Leadership Program Alumni Association, Mr. Adedayo Oketola, during the Closing Gong Ceremony at the NGX to commemorate the 2025 World Mental Health Day in
BEST EMPLOYER CONTRIBUTOR AWARD…
L-r: Head of training, Industrial training Fund (ItF) benin office, ernest nwachukwu; Plant director, dangote’s okpella cement Limited, mohammed Ismaeel, and mr. edun
of ItF, during the presentation of certificate of recognition to dangote as the best employer contributor in edo State for the year 2024 at okpella…recently
INEC: Coalition Reiterates Call for Transparent Appointment Process of Amupitan
Sunday Okobi
A coalition of civil society organisations in Nigeria yesterday reiterated its longstanding call for a transparent, inclusive and citizens-centred appointment process for the newly nominated
Independent National Electoral Commission (INEC) Chairman, Professor Joash Ojo Amupitan (SAN). The coalition, however, expressed its acknowledgment of the nominated INEC chairman’s academic and professional accomplishments; therefore,
FUOYE Bags Higher Rating, Warns Ex-employee against Fueling Crisis
The Federal University, Oye-Ekiti, has moved a step higher in the rating of Nigerian universities, emerging 11th best in the country, according to an assessment by the Times Higher Education (THE) world university ratings.
The current rating, which is benchmarked against the year 2026, witnesses FUOYE doing better than the 2025 assessment, where the university came 12th in national rankings.
The Vice Chancellor of the institution, Professor Abayomi Fasina, described the development as “an
advancement in strategic planning and quality research and innovation-driven initiatives that the university maintains,” commending staff and faculty members for the achievement.
The development follows a rejoinder by the management of the university, warning an ex-staff member, Saka Odunjo, from fueling a crisis in the university.
It will be recalled that Mr. Odunjo had last week signed a petition to the Minister of Education, Dr. Tunji Alausa, making sweeping allegations against the management and governing council of the university.
Soludo Seeks Broad Education Reform
David-Chyddy Eleke in awka
Anambra State Governor, Professor Chukwuma Soludo, has emphasised the urgent need for a comprehensive vision for educational reforms in Nigeria.
He stated this during the inauguration of newly renovated classrooms blocks at St. Jude’s Secondary School in Ihiala, in Ihiala Local Government Area.
The governor, who is an educationist and former university lecturer highlighted the significance
of a partnership between government, the public, the private sector, and the communities to revamp the educational sector, saying it was critical for driving development forward.
“There is need for reforms in education sector in Nigeria. Human capital is the best investment any society can give its people.
“The quality of education can be assessed through public schools, that is why I’m happy with the collaboration Keystone Bank has brought in through this initiative.
has no objection in principle to his nomination.
The groups in a statement made available to THISDAY yesterday by the Executive Director of Yiaga Africa and Principal Partner of the Election Law
Centre, Mr. Samson Itodo, however, warned that the current state of Nigeria’s electoral process requires a fiercely independent INEC, which is immune to political manipulation, and unwavering in its commitment to credible elections.
Itodo, on behalf of the coalition, also noted that the Council of State approval of the Commission chairman does not replace the duty of the Nigerian Senate to conduct due diligence through rigorous and transparent screening process that will inspire public trust, and consequently tasked the Senate on its constitutional duties.
Police Confirm Alleged Killing of Constable by Soldier in Bauchi
Segun Awofadeji in bauchi
Operatives of the Bauchi State Police Command have confirmed the tragic killing of a Police Constable, Ukasha Muhammed (F/No 533164), who was allegedly shot by a soldier attached to the STF, Operation Safe Haven, Jos, Plateau State following
Adibe Emenyonuinbenin city
Leaders and members of the All Progressives Congress(APC) in Ikpoba-Okha Local Government Area have passed a vote of confidence in the administration of Governor Monday Okpebholo.
altercation between them. THISDAY checks revealed that the unfortunate incident occurred on Friday, 10th October, 2025 in the evening around the popular Tudun Wadan Dan Iya popularly known as Bayan Gari in Bauchi metropolis.
A source, who said he was around the place when the
The Ikpoba-Okha APC leaders said Governor Okpebholo’s leadership has steered the state towards progress and prosperity as well as inspired confidence in the hearts of the citizens
This was contained in a communique issued at the end of the party leaders
incident happened, explained that the police patrol team was there as usual to ensure peace and order in the area which was an area of social gathering.
He explained that the problem started at about 9pm when the Patrol team stopped to search cars and asked questions from those
on motorcycles just as a routine to keep the area secured.
The source added that at some point one of the people refused and obstructed the patrol team causing a commotion leading people to gather after which the person who was later identified as a Soldier left the scene.
meeting held at the residence of a former member of the House of Representatives, Hon Ehiozuwa Agbonanyima at the weekend. The communique noted that various initiatives launched under Okpebholo’s administration, such as the Flyover bridge and other road projects demonstrated the governor’s commitment to improving the quality of life for all Edo citizens. It commended what it termed Okpebholo’s relentless efforts to enhancing infrastructure, education, healthcare and the focus on economic development and job creation.
Daewoo Engineering and Construction Nigeria Limited (DECN) has announced that all matters concerning tax deductions at the NLNG Train 7 Project site have been fully clarified
and conclusively resolved in conjunction with the Rivers State Internal Revenue Service (RIRS).
It will be recalled that DECN had earlier requested a 14-day window to address and resolve the tax concerns that led to the protest by Welders and Fitters working on the project. In response to the situation, the Chairman of Bonny Local Government Area, Abinye Blessing Pepple, convened a stakeholders’ meeting and subsequently inaugurated a 14-member investigation committee to examine the tax-related concerns at the site.
Following the recent misunderstandings regarding tax deductions and clearance certificates, DECN requested the RIRS to review and verify the company’s overall tax status.
GCA to Support Young Entrepreneurs with $30,000 Grants
The Global Centre on Adaptation (GCA) has launched the In-Country Youth ADAPT Demo Day Events under the African Adaptation Acceleration Program (AAAP). The events marked a significant milestone in empowering Africa’s next generation of climate entrepreneurs, providing them
with investment, mentorship, and pathways to scale up their innovative adaptation solutions. Over the coming weeks, youth-led enterprises from Kenya, Tanzania, Rwanda, Ghana and Nigeria will compete in a series of national Demo Day events. From a pool of over 500 applicants, up to 100 enterprises—approximately
20 per country—have been shortlisted to pitch their ideas before panels of distinguished jurists and investors. Their innovations span sectors critical to Africa’s climate resilience, including food security and resilient infrastructure. Each country’s event will showcase the ingenuity of young Africans tackling some
of the continent’s most pressing climate challenges in agriculture and infrastructure with locally grounded, commercially viable solutions. The top 10 enterprises (two per country) will be awarded $30,000 grants and enrolled in a year-long acceleration and mentorship program, equipping them to attract long-term
Ayodeji Ake
Harcourt
ogunbo
Group Sports Editor Duro Ikhazuagbe Email duro.ikhazuagbe@thisdaylive.com 08111813083 SMS Only
Eagles in Final Training Behind Locked Gates Ahead Clash with Cheetahs
Duro
Ikhazuagbe
Nigeria’s Super Eagles who returned to Uyo Sunday morning after passing the night in Luanda, Angola due to the cracked windshield of the ValueJet aircraft bringing them home from South Africa will have their final training behind locked gates this evening before taking on Benin Republic in final 2026 World Cup qualifier on Tuesday.
Tuesday ‘s blockbuster clash between Group C leaders Cheetahs of Benin Republic and third placed Nigeria may be the decider of the winner of the direct ticket to the World Cup.
However, second-placed South Africa lurk in the wing hoping to profit if Benin fail to beat Nigeria and Bafana Bafana defeat Rwanda with wide goals margin.
Super Eagles flew into Uyo at 8.05am on Sunday after their trip from Polokwane, South Africa via Luanda, Angola was aborted mid air on Saturday evening.
After securing a vital 2-1 win against Lesotho, the aircraft brining the Super
Eagles home made a stopover in Luanda, Angola to refuel. But almost one hour into the journey home, the experienced ValueJet pilot had to make a return flight back to Luanda when he noticed a major crack on the windshield of the aircraft.
Arrangements were made for the players and the entire Nigerian delegation aboard the flight to pass the night in the Angolan capital city while ValueJet, owners of the airline and the country’s aviation authorities made plans for another air plane to bring the contingent home.
Another aircraft from the ValueJet fleet eventually returned the delegation safely to Uyo yesterday.
Group C leaders Cheetahs of Benin Republic, who are Nigeria’s opponents in Tuesday’s showdown, arrived in Uyo on Saturday afternoon and are lodged at the Ibom Icon and Golf Resort. The team trained at the practice pitch of Godswill Akpabio Stadium on Sunday morning. Today, the Cheetahs will have their official training at the main pitch of the Godswill
...Benin’s Rohr to Miss Two Key Players in Battle of Uyo
Gernot Rohr who is chasing to make history as the first coach to lead Benin Republic’s Cheetahs to their first FIFA World Cup, has confirmed the absence of two influential players from his squad to battle Super Eagles tomorrow evening.
Neftci midfielder in the Baku league in Azerbaijan, Sessi d’Almeida, and Yohan Roche who is left back with Petrolul in the Romanian Pro League will be unavailable for selection after receiving their second yellow cards in the Cheetahs’ hard-fought 1–0 victory over Rwanda on Friday.
The former Nigerian gaffer expressed disappointment over their suspensions but remained optimistic about his team’s chances against Super Eagles.
“We have lost two players for the match against Nigeria as a result of a second yellow card,” Rohr said. “But all is possible for the three teams — South Africa, Benin and Nigeria. We now have the decision in our hands. This can be a little advantage, but we will see. Big suspense until the end of the qualifiers.
his tenacity, tactical intelligence, and leadership, the 29-yearold is the heartbeat of Rohr’s midfield — often dictating play and breaking up opposition attacks.
RESULTS
(W/C Qualifiers)
Zambia 0-1 Niger
Chad 2-3 CAR
B’Faso 3-1 Ethiopia
Djibouti 1-2 S’Leone
Egypt 1-0 G’Bissau
Ghana 1-0 Comoros
Mali 4-1 Madagascar TODAY
E’Guinea v Liberia
São Tomé v Malawi
S’Sudan v Togo
Tunisia v Namibia
Cameroon v Angola
C’Verde v Eswatini
Lesotho v Zimbabwe
Mauritius v Libya NPFL
Abia War 2-0 El Kanemi
Ikorodu 1-0 B’Insurance
K’Pillars 1-1 Shooting
Katsina 3-1 Remo Stars
Kun Khalifa 1-0 Enyimba
Nasarawa 2-1 Rangers
Plateau 2-0 Barau FC
Akpabio Stadium from 5pm, while the Super Eagles take their turn at 6.15pm.
Tuesday’s big battle,
between two of the three teams still in contention for Group C’s lone automatic ticket to the 2026 FIFA
World Cup finals in North America, will kick off at 5pm. Simultaneously, the clash between South Africa
and Rwanda, which is also of importance to the final outcome of Group C, will commence in Nelspruit.
NPFL Condemns Violence in Kano, Awaits Report
The management of the Nigeria Premier Football League (NPFL) said it monitored and has noted with concern the disturbing reports and viral video clips from this evening’s NPFL Matchday 8 between Kano Pillars and Shooting Stars, indicating that fans invaded the pitch shortly after the final whistle.
The statement signed by Davidson Owumi, the Chief Operating Officer, assured that while the league awaits the official match reports and complete video evidence from the Match Commissioner and Referees, “we condemn in the strongest terms any act of violence, intimidation, or misconduct directed at
players, match officials, or fans”.
The League is also assuring all stakeholders and football lovers that this isolated incident is being treated with utmost seriousness, and appropriate actions will follow upon review of the full reports.
He further stated that the
NPFL has remained in touch with the Match Commissioner, the Referees and officials of Shooting Stars whose safety has been secured.
“We reaffirm our commitment to maintaining discipline, safety, and professionalism at all league venues across the country”, Owumi concluded.
Green Falcons Set to Rumble at Women’s Rugby League World Series
Kunle Adewale
Africa and Middle East sole representatives at the inaugural Women’s Rugby League World Series in Canada, Green Falcons of Nigeria, have promised not only to do the country proud but the continent as a whole.
Speaking after the Nigerian ladies defeated the Leopardess of Ghana 24-8 at the Alaro City International Rugby
Pitch, Lekki, Lagos State on Saturday as part of the team’s preparation for the World Cup Series, Green Falcons Coach, Luke Shearman, said the girls are in good spirit and ready to take the world by storm in Canada.
“We’ve worked hard over the past few weeks and the girls have shown real hunger and improvement in key areas. Though there are still
Lagos Boxing Hall of Fame Returns October 25
After a brief hiatus, the monthly boxing showcase, the Lagos Boxing Hall of Fame (LBHF), is set to make a thrilling comeback on October 25, promising a revitalised format and fresh opportunities for amateur boxers across Lagos State.
more dynamic and inclusive competition.
“It’s great to be back with our Monthly Show, and we’re determined to make it better than ever,” Mohammed said.
more work to be done, but the progress achieved has been unimaginable.
“We are not just going to Canada to make up the number but we’re going there to compete and I have no doubt that we can return back as winners,” Shearman said.
Also expressing optimism of a good outing for the Green Falcons is captain of the Nigerian side, Blessing
Aladeyelu, saying the team gained a lot from the two friendlies matches against the Leopardess of Ghana, promising that all grey areas noticed would the corrected ahead of the World Series.
“We will try and correct all our mistakes before the trip to Canada. I can always count on my teammates and the management when the chips are down, ” Aladeyelu said.
Sports Apprentice Holds Inaugural Football Forum, Career Bootcamp in Abuja
The absence of Sessi d’Almeida will be a major blow for Benin. Known for
W’Wolves 1-1 Tornadoes
Wikki 1-1 Kwara Utd
According to LBHF Director David Mohammed, the revamped structure will spotlight the five administrative divisions of Island, Badagry, Ikorodu, Lagos Mainland, and Epe (IBILE), as well as local councils, creating a
“The Lagos Boxing Hall of Fame is a respected platform that has been organizing boxing events for over 15 years. It has served as a rite of passage for countless amateur boxers who have gone on to successful professional careers. We’re proud of our legacy and committed to building on it.”
Africa’s leading Sports industry development and mentorship platform, the Sports Apprentice, will host its inaugural football forum in Abuja, Nigeria, on Thursday, November 27, 2025, with the Sports Apprentice Career Bootcamp scheduled for Saturday, November 29, 2025.
The Football Forum will herald three days of activations in Nigeria’s capital city, with the football forum expected to feature keynote speakers, presentations, panel
discussions and football legends in conversation as well as networking opportunities.
The conversations will focus on football development, digital sports transformation and technology, sports marketing and sponsorships, sports media and communications and manpower development, as well as the launch of a media platform developed as part of the group projects by the participants of the programme. MONDAYSPORTS
Super Eagles had a light workout session yesterday evening on arrival from Luanda, Angola. They will have their last training session behind locked gates this evening before taking on Benin Republic tomorrow at the Uyo Stadium
CONVERSATION WITH CARDOSO...
MAHMUDJEGA
VIEW FROM THE GALLERY
Full Pardon for Maryam Sanda?
The opening paragraph of the State House statement on Saturday summarising the persons who benefited from presidential pardon did not sound like a Conclave of Cardinals. Oga Bayo Onanuga’s statement said, “Illegal miners, white-collar convicts, remorseful drug offenders, foreigners, Major General Mamman Vatsa, Major Akubo, Professor Magaji Garba, capital offenders such as Maryam Sanda, Ken Saro Wiwa and the other Ogoni Eight were among the 175 convicts and former convicts who received President Bola Ahmed Tinubu’s mercy on Thursday.”
Presidential exercise of clemency and pardon is an old tradition in Nigeria, probably dating back to colonial times, and usually made as part of Independence Day celebrations. The latest one, however, get as e be, to use local Nigerian parlance. The Presidency statement said the clemency was because some convicts had shown remorse and good conduct; some due to old age; some because they acquired vocational skills, and some because they enrolled in the National Open University of Nigeria (NOUN). The statement also said Tinubu “corrected the historic injustice committed by British colonialists against Sir Herbert Macaulay, one of Nigeria's foremost nationalists.”
Probably no one in Nigeria today will quarrel with a pardon for Herbert Macaulay. Indeed, we were surprised by it; even my generation of Nigerians never knew that he had ever been convicted in a British colonial court for alleged embezzlement 112 years ago. Since our primary school days, we grew up almost worshipping him as one of the foremost Nigerian nationalists and leaders of the anti-colonial struggle. Since the mid-1980s, his face has adorned the ten naira note [which, unfortunately, is nowhere to be seen now because of inflation]. Macaulay died 79 years ago; maybe it would have been better to remain silent on this matter because I doubt if records of the colonial court are anywhere to be found today. Ken Saro Wiwa and the other Ogoni
Eight were a more recent event. They were convicted and sentenced to death by a military tribunal in late 1995; I remember a judge told me at the time that the evidence against them would not have survived in a civilian High Court. They were speedily executed by General Sani Abacha despite local and international pleas. The execution was so quick that Nelson Mandela heard about it from airport reporters when he arrived in Auckland for the Commonwealth Summit. The old man said, “[Abacha] is very irresponsible and a hardened man.” Aso Rock made to respond, but was advised not to exchange words with Mandela, the world’s biggest moral conscience of the second half of the Twentieth Century. However, Ogoni militancy in that era had resulted in the brutal killing of the Ogoni Four, whose memory the Presidency now says has been honored. This is important because restive communal situations still occur in many parts of the country, and young militants should not be encouraged to hack elders to death because they counsel patience. Of the 175 individuals who benefited from President Tinubu’s pardon and clemency, the largest number were convicted for illegal mining and drug related offences. Convicts for financial crimes were close runners-up,
followed by those convicted for illegal weapons possession and violent offences. It has left many Nigerians flabbergasted and perused, to borrow the words of my secondary school senior student who was fond of big grammar. Pardoning so many illegal miners came only a day after Minister of Solid Minerals Dele Alake publicly stated that he had received death threats for revoking mining licenses, illegal ones most probably. In many parts of the country, the landscape has been scarred by illegal mining, which is violently associated with banditry, which robs the government of huge revenues, and which is also dangerous because illegal mines often collapse on the miners, leading to deaths and injuries. In addition to the use of illegal chemicals in the mines, which poisons waters and kills innocent community members.
Why should such persons be pardoned?
Because, according to the Presidency, they served parts of their long prison terms, “most of them based on the reports that the convicts had shown remorse and good conduct… old age, acquisition of new vocational skills or enrolment in National Open University of Nigeria (NOUN).”
Now, showing good conduct in prison is not a guarantee that a person would show similar good conduct when he is out of prison and will not return to his old ways. Which option does a prisoner have anyway, with high prison walls, barbed wires, sniffer dogs and armed guards all around? Showing remorse is also very iffy; almost every criminal who is apprehended, with the exception of the most hardened ones, will pretend to show remorse, hoping it will facilitate his escape.
Acquisition of vocational skills is a strange qualification for prerogative of mercy. It is not due to lack of skills that many Nigerians commit crimes and go to prison. Yahoo Yahoo Boys, for example, have a lot of IT skills, enough to crack bank accounts and siphon away funds. Which skill can they learn in prison that is more financially rewarding than that?
earning the prerogative of mercy is that some convicts enrolled in the National Open University of Nigeria, NOUN. When this university was opened in the early 1980s, there was so much controversy around it that New Nigerian Newspaper once did an editorial titled “Close the Open University.” Is it mentioned anywhere in this university’s charter that enrolling in it is enough to wipe away one’s criminal record? If so, NOUN is likely to get a hundred times more applications this year than it can accommodate.
So many convicts for drug offences also featured in this pardon list. Just when National Drug Law Enforcement Administration [NDLEA] is making important gains against illegal drug dealers, bursting smuggling syndicates and uncovering huge drug depots, some of them hidden in posh estates? Hard drug syndicates are so ruthless that they try to kill anyone who tampers with their trade. In the 1990s when the then NDLEA Chairman Major General Musa Bamaiyi visited our offices in New Nigerian, armed soldiers were posted all along the road and on the rooftops of our premises because the Cali and Medellin drug cartels vowed to kill him. I will not be surprised if Brigadier General Buba Marwa is going through the same experience; fighting hard drug trade is not for the faint hearted.
The mother of all puzzles in the pardon list is however the case of Maryam Sanda, the Abuja woman who killed her husband, Bilyaminu Bello, in cold blood seven years ago. I heard early that morning that Bilyaminu had died, and partly because his uncle and guardian Dr. Bello Haliru Mohammed helped me to bury my late brother Ibrahim Jega in 2009, I turned up for the funeral at Gwarinpa cemetery. I was surprised to see probably a thousand, mostly young men at the funeral. I soon heard whispers in the crowd that Bilyaminu’s wife killed him, which explained the very large turnout of mourners.
Even more strange a qualification for NOTE: Read the full piece in the online edition on www.thisdaylive.com
Sanda
L-R: Hélène Rey, Lord Bagri Professor of Economics at London Business School; Mr. Olayemi Cardoso, Governor, Central Bank of Nigeria; and Thiago Martinho, Executive Director of the Wheeler Institute for Business and Development, at London Business School shortly after Cardoso shared his insights on monetary policy and financial reforms, last Friday
