SATURDAY 12TH JULY 2025

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Reveals cost of production now $25 to $30 per barrel Mulls stock market listing in 2028

Sanwo-Olu

Segun James and Sunday Ehigiator

Lagos State is poised for a significant democratic exercise

today as residents across its 20 local government areas and 37 local council development areas (LCDAs) head to the polls to elect new chairmen and councillors.

The Lagos State Independent Electoral Commission (LASIEC) had confirmed that all logistical arrangements have been concluded, with electoral

materials and personnel deployed across polling units in readiness for the vote.

LASIEC Chairman, Justice Ayotunde Phillips Okikiolu-

Ighile, had announced that 57 chairmanship candidates and their 57 vice chairmanship running mates will be contesting in the polls. In total,

376 candidates are vying for both chairmanship and vicechairmanship positions across

Continued on page 5

Presidency: Shettima Not Fighting Tinubu Over Fubara’s Suspension

Deji Elumoye and Chuks Okocha in Abuja

The Presidency yesterday clarified that Vice President Kashim Shettima has no issue with President Bola Tinubu over the six months suspension slammed on Governor Siminalayi Fubara of Rivers State in March, this year.

It also justified the action taken by the President to declare a state of emergency in Rivers State, saying constitutional steps were duly followed before arriving at that decision to forestall breakdown of law and order in the oil-rich state.

This was as the African Democratic Congress (ADC) called Tinubu to listen to the comments of his Shettima, over his lack of constitutional power to remove a Governor from office, imploring him to go ahead to reinstate Fubara.

The ADC said it stands with the Vice President that a President cannot remove a governor from office, asking the presidency to differentiate what changed

Tinubu Backs AFRIMA 2025, FG Inaugurates LOC

Charles Ajunwa

President Bola Tinubu has thrown his weight behind the 2025 edition of the All Africa Music Awards (AFRIMA), reaffirming Nigeria’s commitment to celebrating African talent and culture on a global stage.

To kick-start preparations, the federal government has inaugurated a Local Organising Committee (LOC) to oversee the successful hosting of the prestigious event.

The event will take place in Lagos from November 25th to 30th.

The President’s endorsement came in response to a letter from the African Union Commission (AUC) requesting Nigeria’s collaboration for the next edition of the prestigious awards show.

The inter-ministerial LOC was set

up by the Ministry of Arts, Culture, Tourism, and Creative Economy, and Ministry of Foreign Affairs, to work with the official Host City, Lagos, African Union and International Committee of AFRIMA to plan and deliver an historic event under the theme, ‘Unstoppable Africa.’

Speaking during the inauguration of the federal government's LOC at her office conference room in Abuja, a statement yesterday, quoted the Minister of Arts, Culture, Tourism and Creative Economy, Hannatu Musa Musawa, to have said the ministry was fully ready to w-ork hand-in-hand with the Lagos State government and the International Committee of AFRIMA to host what she described as the best AFRIMA yet.

According to the Minister, AFRIMA

perfectly aligns with President Tinubu’s vision of leveraging the creative industry as a key driver of economic growth, national development, and social re-engineering.

“This is more than just an awards show,” Musawa said.

“It is a major platform to create jobs, promote tourism, celebrate African talents, and tell our positive stories authentically through music to the world. We are excited to work with the Lagos State government, the AFRIMA team, and the African Union to deliver a world-class event,” she added.

Also, speaking at the event, the Director of Entertainment and Creative Economy in the ministry, Mrs. Ugochi Akudo-Nwosu, conveyed the official message of Tinubu’s approval and praised his support for the industry.

"On behalf of the Honorable Minister and the Permanent Secretary of the Ministry and our agencies, we appreciate the administration of President Bola Ahmed Tinubu for granting us the opportunity, Nigeria opportunity, to host this historic event during this administration, and we also thank the Honourable Minister for providing a platform for us to collaborate with AFRIMA for this event to come true in November this year, and the Honourable Minister of Foreign Affairs as well, that is co-chair with our Honourable Minister, to make this dream come to pass," she said.

The newly inaugurated federal government‘s LOC for AFRIMA 2025 includes representatives from key federal ministries such as Arts, Culture, Tourism and Creative Economy; Information and

PRESIDENCY: SHETTIMA NOT FIGHTING TINUBU OVER FUBARA’S SUSPENSION

between 2013 and 2025. Noting that Nigeria was not running a monarchy, the ADC charged the President to do the right thing by apologising to the country and restoring the democratic structures earlier dismantled by the President last March.

The ADC in a statement issued by the Interim National Publicity Secretary, Mallam Bolaji Abdullahi, urged Tinubu to reflect on the comment by Shettima.

However, Shettima will today depart the nation's capital, Abuja, for the city of Sao Tome, the capital of the Democratic Republic of Sao Tome and Principe, to represent President Bola Ahmed Tinubu at that country’s 50th National Independence Day celebration.

Reacting to misrepresentation of Vice President’s remarks on Thursday at the launch of the book ‘OPL 245: The Inside Story of the $1.3 Billion Oil Block’ written by former Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke (SAN), in

Abuja, the Presidency in a statement issued by Media Aide to the Vice President, Stanley Nkwocha, stated that certain online news outlets and individuals have distorted the Vice President’s comments in pursuit of a mischievous agenda, twisting his account of how the administration of former President Goodluck Jonathan considered removing him from office—then as Governor of Borno State—at the height of the insurgency in the North-east region.

The Presidency explained that the Vice President’s remarks were stripped of their proper context. It maintained that Shettima’s comments were made within the context of acknowledging the author’s professional conduct during his tenure as Attorney General of the Federation. It further stressed that President Tinubu never removed Rivers Governor, Fubara, from office but only suspended him for six months

in line with provisions of the 1999 Constitution of the Federal Republic of Nigeria (As Amended).

The presidential release entitled: ‘No Link Between Shettima’s Remarks At Book Launch And Certain Online Reports’, stated inter alia: "The Office of the Vice President has noted with serious concern the gross misrepresentation of remarks made by Vice President Kashim Shettima, during the public presentation of the book ‘OPL 245: The Inside Story of the $1.3 Billion Oil Block’ by Mohammed Bello Adoke (SAN), held at the Yar’Adua Centre, Abuja, on Thursday, July 10, 2025.

"Certain online news outlets and individuals have distorted the Vice President’s comments in pursuit of a mischievous agenda, twisting his account of how the administration of former President Goodluck Jonathan considered removing him from office—then as Governor of Borno State—at the height

SET FOR LAGOS LOCAL GOVT ELECTIONS TODAY

Lagos State.

Justice Okikiolu-Ighile revealed that LASIEC has established 13,325 polling units to ensure smooth voter access. While the commission will be using a new electronic voting technology, it will not deploy the Bimodal Voter Accreditation System (BVAS). She clarified that manual voting will serve as a backup should the new technology fail.

According to LASIEC’s data, a total of 7,060,195 voters are registered for the local elections, with 6,214,917 Permanent Voter Cards (PVCs) already collected. However, 845,225 PVCs remain unclaimed.

Out of the 19 political parties registered, only 15 will participate in the election. Voting will begin promptly at 8:00 a.m. and close by 3:00 p.m. today. Voters are

that the technologies imported to fix the facilities are largely misaligned with the refineries as a result of old age.

Ojulari's disclosure on the state of the refineries came a day after Africa's richest man and President of the Dangote Group, Alhaji Aliko Dangote, also doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again, putting the cumulative spending on rehabilitating the refineries so far at $18 billion.

Dangote had likened the turnaround maintenance of the refineries by the NNPC, whose former officials are currently answering questions from the Economic and Financial Crimes Commission (EFCC), to trying to modernise a car built 40 years ago, when the technology has advanced.

Aligning with Dangote’s position, Ojulari, during an interview with Bloomberg, in a video shared by the NNPC, noted that although a lot of investment had been made

encouraged to cast their ballots at the polling units where they originally registered—typically near their places of residence.

LASIEC had said persons with disabilities will receive assistance, and elderly citizens, pregnant women, and nursing mothers will be given priority during the voting process.

The local government elections, considered crucial for grassroots development and governance, will test the strength of political parties in the state and gauge public sentiment ahead of future elections.

Governor Babajide Sanwo-Olu has urged eligible voters to turn out en masse and participate peacefully, stressing that local councils remain the closest tier of government to the people. Security agencies, including the

on revamping the refineries, the issue has become challenging.

Ojulari said: “So our refineries, we made quite a lot of investment over the last several years and brought in a lot of technologies. We've been challenged. Some of those technologies have not worked as we expected so far. But also, as you know, when you're refining (rehabilitating) a very old refinery that has been abandoned for some time, what we're finding is that it's becoming a little bit more complicated. So we're reviewing all our refinery strategies now.

“We hope that before the end of the year, we'll be able to conclude that review. That review may lead us to do things slightly differently. But what we're seeing is that sale is not out of the question. All the options are on the table, to be frank. But that decision will be based on the outcome of the reviews we're doing now,” the NNPC chief executive stated.

On the question of why Dangote has continued to import crude oil while Africa's biggest

police and civil defence corps, have assured voters of a safe and orderly process.

The Lagos State Police Command had announced restriction period for vehicular and waterways movement today.

The State’s Police Public Relations Officer, Benjamin Hundeyin, had said movement would be restricted from 6:00 am to 3:00 pm, instead of the previously announced 3:00 am to 3:00 pm. He said the adjustment was made to accommodate residents with critical medical emergencies and those with international travel plans.

Observers, civil society groups, and party agents are expected to monitor the elections to ensure transparency and credibility.

In a statement he signed yesterday, Sanwo-Olu urged

crude producer continues to lag, Ojulari stated that the Dangote refinery remains a commercial investment, and therefore has the flexibility of importing crude from any part of the world for the company's survival.

However, Ojulari admitted that the NNPC has to do more to ensure that there was a balance in terms of the crude Dangote was importing and domestic supply, stressing that the national oil company was working towards that.

“We think that will improve. But what we want to do is that we want to move away from government domination of private sector businesses. We want the private sector to have the freedom…So if Nigeria is going to provide more supplies to Dangote refinery, it will be on a commercial willing buyer, willing seller basis, not because it's a policy,” he added.

On Nigeria's quest to raise crude output, Ojulari stated that by the end of the year, Nigeria is hoping to have hit 1.9 million barrels per day, noting that on

National Orientation; Foreign Affairs; Interior; Youth; Education; and Aviation among others.

Also represented are top government agencies, including the Nigerian Film Corporation, National Film and Video Censors Board, and the National Council for Arts and Culture. Delegates from the AFRIMA International Committee and the African Union are also on board.

President and Executive Producer of AFRIMA, Mike Dada, expressed appreciation to the federal government for its swift response and full support.

“We thank President Tinubu for his quick and visionary approval and backing of AFRIMA 2025,” Dada said.

“This is not just an event approval. It’s a loud statement that the Nigerian government values the culture and creative industry (CCI) and its power

of the insurgency in the North-east region.

"This sensational reporting, which strips the Vice President’s remarks of their proper context, ventures into fiction by drawing false equivalence between his personal experience and the state of emergency declared in Rivers State, as well as the subsequent suspension of Governor Siminalayi Fubara by President Bola Tinubu.

"We wish to state categorically that Vice President Shettima’s comments were made within the context of acknowledging the author’s professional conduct during his tenure as Attorney General of the Federation—a tribute to his public service record.

“His remarks were historical references to events during the Jonathan administration and were intended as a discourse on Nigeria’s constitutional evolution. They served to highlight how complex federal-state tensions have been managed through

residents in the State to massively participate in today's local government elections.

He told the people that the election remains the most important as it is the closest to the people where essential and basic services are available to the people

"I call on all eligible voters across the state to come out in large numbers to participate in the exercise,” he said.

According to him, "the local government is the closest tier of government to the people and plays a vital role in delivering essential services and fostering grassroots development.

"The election offers Lagosians an opportunity to shape the leadership of their local councils by voting for Chairmen and councillors who will represent

the cost of crude oil production per barrel, the operating cost, rather than capital cost remains the major culprit.

“On the cost of crude production, there's a capital cost and there are the operating costs. The operating cost right now in Nigeria is hovering over $20 per barrel, which is quite high. Part of that is because of the investment we've had to make in terms of security of our pipelines, which, as you know, today we have 100 per cent availability of our pipelines.

“That has led to significant investments. So we believe with time, with stability, that cost will start going down. But for now, it's somewhere between $25 and $30,” he added.

Ojulari stated that it took several years to get the government policies aligned on tackling insecurity in the Niger Delta, explaining that the government’s security agencies are also working with local surveillance groups from the communities, to sustainably provide security by making jobs

to promote unity and prosperity across Africa.”

He also thanked the Lagos State Government for accepting to be the official host city and for its valuable partnership, as well as its deliberate investment in the creative industry.

“Nigeria has always been a creative and cultural powerhouse,” Dada added.

“With this support, we are confident that this year’s AFRIMA will be an unforgettable celebration of African talent and creativity for the whole world to see.

“It is fantastic that the federal government has come on board, and we are happy that the Minister has mentioned that all of us are going to work together with the Host City, Lagos state, to deliver the best AFRIMA in history.”

legal mechanisms and the country’s progress in that regard.

"For the avoidance of doubt, President Tinubu did not remove Governor Fubara from office. The constitutional measure implemented was a suspension, not an outright removal. This action, along with the declaration of a state of emergency, was taken in response to the grave political crisis in Rivers State at the time. The situation was unprecedented, with the State House of Assembly complex under demolition and the Governor facing a looming threat of impeachment by aggrieved members of the legislature. No objective observer can deny that this decisive intervention by the President brought stability and calm to Rivers State.

"This situation is not comparable to that of the North-east under the Jonathan administration, where violent non-state actors were directly challenging the sovereignty of the Nigerian state,

their interests and drive development at the community level.

"This election is not just a constitutional process; it is a powerful expression of your voice and your civic responsibility; it is your right.

I urge every registered voter to go out peacefully tomorrow, cast your vote, and be a part of the democratic process that strengthens our communities and our state."

Sanwo-Olu said to ensure a safe, orderly, and credible election, he has directed that security agencies be strategically deployed across all polling units and communities.

Law enforcement officials will be present to protect voters, electoral officials, and election materials, he assured.

available for the oil-producing areas.

He disclosed that the NNPC would be ready for a stock market listing by 2028, emphasising that the national oil company would be prudent under the new leadership recently appointed by President Bola Tinubu. “We have a roadmap to be listed by 2028,” Ojulari stressed.

He told his audience that Nigeria remains an investment destination as it concerns the oil and gas sector, reiterating that the country has an ambition to achieve 3 million barrels per day of oil in 2030 and 12 billion cubic feet of gas during the same period.

The Nigerian government, through the NNPC, recently embarked on about $3 billion rehabilitation programme aimed at reviving the country’s ailing refineries in Port Harcourt, Warri, and Kaduna.

Despite the substantial investment, the process has faced significant hurdles, including funding delays,

demanding unified action by both federal and state authorities to confront terrorism.

“In contrast, President Tinubu acted strictly within constitutional limits and in consultation with relevant stakeholders to preserve democratic institutions and restore order in Rivers State.

"Nigeria’s laws provide a clear framework for addressing such matters.

Section 305(3)(c) of the Constitution authorises extraordinary measures when there is “a breakdown of public order and public safety in the federation or any part thereof to such extent as to require extraordinary measures to restore peace and security.”

"The situation in Rivers State clearly met this constitutional threshold, with persistent politically motivated violence, systematic attacks on federal institutions, and near-complete paralysis of governance—conditions intolerable in any democratic society."

"I urge all political stakeholders, party agents, and candidates to conduct themselves with decorum and to uphold the principles of peace, fairness, and respect for the rule of law throughout the election.

"Our youths in particular should shun any form of violence and instead act as ambassadors of peace and democratic responsibility.

"I assure you that Lagos will continue to set the pace in democratic development. I, therefore, affirm my administration’s commitment to free, fair, and transparent elections that reflect the will of our people.

"Let us show the world once again that Lagos stands for peace, progress, and participatory governance," the Governor added.

technical setbacks, and complications arising from outdated infrastructure.

Here’s a more detailed overview of the shutdowns at Nigeria’s Port Harcourt and Warri refineries: In late November 2024, the Port Harcourt refinery was recommissioned following a $1.5 billion overhaul, initially touted to run at 70 per cent capacity, but the refinery continued to struggle until it was shut down in May 2025. In the same vein, information on the Warri refinery remains hazy, but it was said to have resumed operations at 60 per cent capacity on December 30, 2024, following an $897.6 million rehabilitation.

This plant is believed to be inactive, following a shutdown earlier in the year, due to a critical fault in the Crude Distillation Unit (CDU) main heater—a major safety risk that forced a complete halt in processing. The NNPC has said work is ongoing on the Kaduna refinery.

AFRIMA LOC INAUGURATION...

L-R: Director of Information and Public Relations, Federal Ministry of Art, Culture, Tourism and Creative Economy, Chindaya Ahmadu; Special Assistant to Minister of Art, Culture, Tourism, and Creative Economy, Abiola Abdulkareem Jagunlabi; Director-General, National Council for Arts and Culture (NCAC), Obi Asika; Managing Director, Relentless Media and Head, International Media Committee, All Africa Music Awards (AFRIMA), Steve Ayorinde; Director of Entertainment and Creative Economy Department, Federal Ministry of Art, Culture, Tourism, and Creative Economy, Ugochi Akudo-Nwosu; Permanent Secretary, Federal Ministry of Art, Culture, Tourism and Creative Economy, Dr. Mukhtar Yawale Muhammad; Minister of Art, Culture, Tourism and Creative Economy, Hannatu Musa Musawa; Lead Consultant, PRM Africa Marketing & Communications and President/Executive Producer, AFRIMA, Mike Dada; Chief Experience Officer, AFRIMA, Adenrele Niyi; Associate co-producer, AFRIMA, Efe Omorogbe; Member, International Committee of AFRIMA, Keke Ogungbe; representative of the Nigeria Film Corporation, Mrs. Halima Oyelade, and Director, Federal Ministry of Information and National Orientation, Dr. Evelyn Odigboh, at the inauguration of the federal government’s Local Organising Committee for AFRIMA 2025 at the Minister’s office, in Abuja…recently

CSOs, Shehu Sani Back FG’s Rejection of Trump’s Venezuelan Prisoners’ Deal

US says latest visa policy unrelated to BRICS, Venezuelan refugees

Chuks Okocha, Michael Olugbode in Abuja and Sunday Ehigiator in Lagos

Former Senator representing Kaduna Central Senatorial District, Shehu Sani, alongside some Civil Society Organisations (CSOs), have thrown their weights behind the federal government’s firm stance against a proposal by the United States to relocate Venezuelan prisoners to Nigeria. They described the move as a bold stand in defence of Nigeria’s sovereignty and justice system.

The development followed remarks by the Minister of Foreign Affairs, Yusuf Tuggar, who disclosed on Thursday that the U.S. has been pressuring Nigeria, as well as other African nations, to accept deported Venezuelan nationals currently held in U.S. correctional facilities.

Tuggar, speaking during a television interview, made it clear that Nigeria was unlikely to accommodate such a request.

However, the United States Mission has denied that the recent reduction in visa validity for Nigerian nonimmigrant travelers is tied to Nigeria’s position on

BRICS or the Venezuelan deportees, but was based on security and other technical reviews.

President Donald Trump's administration this week asked five African presidents visiting the White House to take in migrants from other countries when deported by the U.S, sources at the meeting revealed.

Tuggar said: "You have to also bear in mind that the U.S. is mounting considerable pressure on African countries to accept Venezuelans to be deported from the U.S., some straight out of prison.

“It will be difficult for a country like Nigeria to accept Venezuelan prisoners into Nigeria. We have enough problems of our own.”

Since returning to office in January, Trump has been pressing to speed up deportations, including by sending migrants to third countries when there are problems or delays over sending them to their home nations.

This week, he hosted the presidents of Liberia, Senegal, Guinea-Bissau, Mauritania and Gabon at the White House. According to a U.S. and a Liberian official, he presented the

Rivers Govt, UNFPA, UNICEF Demand End to Female Genital Mutilation

Blessing Ibunge in Port Harcourt

Rivers State Government in collaboration with the United Nations Population Fund (UNFPA) and United Nations Child Education Fund (UNICEF) are demanding an end to the practice of female genital mutilation (FGM) in the State.

The demand was made yesterday, at the end of a 3-day training of community facilitators on Implementation of the Movement for Good to End Female Genital Mutilation (FGM) organised in Port Harcourt, by the State Ministry of Social Welfare and Rehabilitation, in collaboration with UNFPAUNICEF joint programme.

Speaking at the event, the UNICEF Chief Field Officer, Port Harcourt, Dr. Anslem

Audu, explained that the idea for the training was to build the capacity of women who will get down to the communities and sensitise the people on the danger of genital mutilation on the female child.

Audu, who noted that the practice was harmful to the victims, said UNICEF and its partners are working hard to ensure the eradication of such practice, especially in the rural areas of the State.

He said: "What we are doing is to build a capacity of community women to be able to carry this message down to the community level. We are building the capacity of 60 facilitators, and they will be armed with the instrument to go back to their community to pass the message to end female Genital Mutilation.

plan for African countries to take in migrants from other countries when they are deported by the U.S.

Reacting to the development, Sani cautioned the federal government against entertaining any arrangement that would see foreign prisoners settled on Nigerian soil.

Posting on his official X (formerly Twitter) account, Sani wrote: “If the US wants to send Nigerian prisoners

in US Jails back to Nigeria, that is ok and should be accepted. We don’t want Venezuelan prisoners in our country, wand there should be no space for them now or in the future.”

Backing the government’s position, civil society groups described the move by the United States as inappropriate, insensitive, and inconsistent with international norms of justice and state sovereignty.

Executive Director of the Centre for Justice and Human Dignity (CJHD), Ifeoma Akande, lauded the government’s decision, describing it as “a necessary line of defense.”

“We commend the federal government for standing firm in its decision to reject the transfer of Venezuelan prisoners to Nigeria,” Akande said. “This move upholds national sovereignty and protects the integrity of our already overstretched criminal justice system. Accepting foreign convicts with no ties to Nigeria would have set a dangerous precedent and imposed unjust burdens on our correctional facilities.”

Similarly, the Programmes Lead at the Citizens’ Rights and Legal Aid Foundation (CRLAF), Musa Abdulkareem, expressed strong opposition to the proposal.

Group Attacks Aregbesola for Leading Coalition to Dislodge Tinubu in 2027

As Nigeria's political environment gets charged ahead of the next general elections, a group known as the Yari Renaissance Movement for Tinubu 2027, has taken a swipe at a former Governor of Osun State and National Secretary of the African Democratic Congress (ADC) , Rauf Aregbesola, for leading a coalition to unseat President Bola Tinubu in 2027.

In a statement issued yesterday by the Chairman of Yari Renaissance Movement for Tinubu 2027, Kabir Ali Danbaba, the group said comically that the dream of Aregbesola's new party, ADC, was to dislodge the ruling All Progressives Congress (APC) in 2027.

Mocking a recent statement by Aregbesola, the group noted that one of his strategies to victory was for the opposition forces to unite under a common platform.

The movement further quoted the former Osun State governor as saying that the ADC was building a broad coalition of progressive-minded Nigerians to dislodge President Tinubu’s administration in 2027.

The statement read, "Aregbesola, It’s Okay to Dream Big!

We read with big smiles on our faces, a statement credited to a former governor of Osun State and erstwhile Minister of Interior, Ogbeni Rauf Aregbesola, now the National Secretary of the African Democratic

Congress (ADC), disclosing the dream of his party to dislodge the ruling All Progressives Congress (APC) in 2027.

"He dropped this hint while addressing some ADC stakeholders at a recent meeting in Akure, Ondo State capital.

"Indeed, dreaming big can be beneficial if balanced with realistic planning, hard work, and adaptability. Regardless, the choice of dream is also crucial to result. It is not enough to just dream big.

"One of Aregbesola’s strategies to victory is for the opposition forces to unite under a common platform. He said the ADC was building a broad coalition of progressive-minded Nigerians (progressive indeed) to

dislodge President Bola Tinubu’s administration in 2027.

“Let us put personal interests aside and unite. We have multiple elections ahead —presidential, National Assembly, and state elections — and with unity, we cannot be defeated,” he said."

While not underestimating whatever the ADC relies on at the moment, the group said Aregbesola, who used to be one of the closest persons to the President knows quite well the might of the man called Asiwaju Tinubu and his capacity for results.

According to the statement, to sit back with a few disgruntled and propound the impossible is the height of deceit by the ADC leadership.

APC States’ Information Commissioners Set up

FG-

Olawale Ajimotokan in Abuja

Information commissioners from nine All Progressives Congress (APC) controlled states have engaged over the proposed FG-Progressive Governors Forum Media Policy and Strategy Synergy across tiers of government in advancing the Renewed Hope Agenda. The parley was held in Minna at the Conference of Commissioners for Information in the APC states. It discussed the groundbreaking

PGF Media Policy, Strategy

framework to institutionalise media alignment between the Federal Ministry of Information and the APC governed states.

The Director General, PGF, Folorunso Aliko, said the initiative sought to harmonise their communication efforts through the establishment of a joint media coordination platform and a rapid response mechanism for managing high- impact narrative.

"At its core, this framework is not merely procedural; it is transformative.

It envisions a future where federal and state media ecosystems speak with coherence, creativity and strategic unity, thereby restoring public trust and projecting the APC led governance model as one of vision, discipline and inclusive progress," Aluko said. He stated that the plan would reflect, realign and recommit from finalising the national thematic schedule on value reorientation to institutionalising unified messaging systems and building a robust crisis communications framework.

At the occasion, the Minister of Information and National Orientation, Mohammed Idris, described the Renewed Hope Agenda as a practical framework for national transformation, built on real and measurable opportunities for prosperity across all sectors of the Nigerian economy.

“The Renewed Hope Agenda goes beyond macroeconomic reforms. It is about creating concrete opportunities for prosperity across sectors - for individuals, for families, and for communities,” Idris said.

NATIONAL STAKEHOLDERS’ CONFERENCE…

Akpoti-Uduaghan Writes Senate to Resume July 15, Appeals Contempt Conviction

Alex Enumah and Sunday Aborisade

Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has formally written to the Senate demanding her immediate reinstatement following a Federal High Court ruling that declared her suspension unconstitutional and excessive.

In a letter dated July 11, 2025, addressed to the Senate through her legal team, M.J Numa & Partners LLP, Akpoti-Uduaghan insisted on full compliance with the judgment delivered by Justice Binta Nyako.

Equally, she has appealed part of the judgement of the Federal High Court, Abuja, which found her guilty of disobeying its orders.

Akpoti-Uduaghan in the Notice of Appeal dated July 9 and filed on her behalf by Chief Roland Otaru, SAN, is specifically seeking the setting aside of the contempt order as well as the nullification of the N5 million fine, for being "excessive and punitive".

The court had held that her six-month suspension violated both her constitutional

rights and those of her constituents to representation.

The letter to the Senate was titled "RE: SUIT NO: FHC/ABJ/CS/384/2025

Senator Natasha Akpoti-Uduaghan v. The Clerk of the National Assembly & Ors.: Forwarding of Court Order and Demand for Compliance."

The letter, signed by lead counsel Michael Jonathan Numa, SAN, stated that the court made “several findings and orders,” including a declaration that the suspension was “excessive, overreaching, and inconsistent with her ability to comply with the provisions of Section 63 of the 1999 Constitution.”

Akpoti-Uduaghan’s lawyers urged the Senate to act swiftly to enforce the judgment, which mandates her immediate return to legislative duties.

“We respectfully demand that you give immediate effect to the clear and binding order of the Federal High Court by taking all necessary steps to facilitate Senator Natasha Akpoti-Uduaghan’s resumption of her legislative duties forthwith,” the letter stated.

The senator further informed the Senate of her intention to resume official

Friends, Associates Support Otti, Donate N3.4bn to Abia Security Trust Fund

Emmanuel Ugwu-Nwogo in Umuahia

Governor Alex Otti has leveraged his array of friends, political and business associates to generate handsome funds to implement his strategies aimed at making Abia State very safe at all times. They answered his clarion call at the launch of the Abia State Security Trust Fund Thursday in Umuahia, dipped hands into their pockets and made generous donations totalling over N3.4 billion.

Otti treated the donors to a luncheon at the International Conference Centre Umuahia, during which he launched the fund-raising project, saying that it "is in line with the provisions of the Abia State Security Trust Fund Law, 2024."

According to him, the law in reference "empowers the state to set up a specialised framework for mobilising, managing and deploying resources in support of our security infrastructure across the state."

He reiterated that security is everybody's business hence Abia residents should take more than a cursory interest in security issues around their environments in order

to nip security challenges in the bud.

"To counter the enormous cost of security crisis, all of us are invited to always take more than a passing interest in security issues in our neighbourhoods, places of business, and in the larger community," Otti stated.

The Abia governor noted that the launch represents another layout programme in his holistic security initiative which focuses on prevention of criminal activities.

He stressed the need for the government to make security a top priority, given that "insecurity creates economic and social crisis, impoverishes the population, and makes refugees of individuals and families in their homeland."

Otti thanked all the donors to the trust fund and promised that every kobo raised at the luncheon would be judiciously applied, adding that his administration has demonstrated prudence in the management of resources.

He expressed satisfaction with the job being done by the security agencies in keeping with his firm commitment to make Abia a hostile place for criminals to stay and engage in their nefarious activities.

duties on Tuesday, July 15, 2025, in line with the court's decision.

Justice Nyako’s ruling had emphasised that the legislative body had acted outside its constitutional remit, thereby setting a precedent on the limits of parliamentary disciplinary powers in relation to elected representatives.

The legal and political implications of the ruling are expected to ripple through the National Assembly, potentially reshaping internal disciplinary procedures and reinforcing judicial oversight on legislative actions.

The letter read in part, “We are writing to formally forward herewith a Certified True Copy of the Enrolled

Judgment Order of the Federal High Court, Abuja Judicial Division, delivered on the 4th day of July, 2025, by Honourable Justice B.F.M. Nyako.

This Order is duly issued under the seal of the Court and the hand of the Presiding Judge.

“After a thorough consideration of the facts and applicable law, the Honourable Court made several findings and orders, including, notably, a definitive pronouncement in Order 10 that the six-month suspension imposed on the Plaintiff was excessive, overreaching, and inconsistent with her ability to comply with the provisions of Section 63 of the 1999 Constitution.

“This finding aligns with long-standing judicial precedent as well as the provisions of Order 66(4) of the Senate Standing Orders, 2023 which does not contemplate a suspension exceeding a period of 14 days.

“In consequence, Her Lordship directed that the Senate has the power and indeed should exercise that power to recall Senator Natasha Akpoti-Uduaghan and allow her to resume representation of the constituents who duly elected her to the Senate of the Federal Republic of Nigeria. This order constitutes a binding decision within the meaning of Section 318 of the Constitution.

“Accordingly, we respectfully demand

that you give immediate effect to the clear and binding Order of the Federal High Court by taking all necessary steps to facilitate Senator Natasha Akpoti-Uduaghan's resumption of her legislative duties forthwith, in full compliance with the Court's judgment.

“Please, also take notice that Senator Natasha Akpoti Uduaghan intends to resume her legislative duties on Tuesday, the 15th day of July, 2025. “We trust that this matter will be treated with the urgency and seriousness it demands, in order to avoid any further breach of the Plaintiff's constitutional rights or disregard for the authority of the Court.

FG Attributes Delayed June Salary to Technical Glitch

Says working to reprocess failed payments

The Office of the Accountant General of the Federation (OAGF), yesterday, acknowledged that June 2025 salary payments for some federal government employees across various Ministries, Departments, and Agencies (MDAs) failed due to "technical network glitch during the processing of salaries at the bank."

In a statement, Director, Press and Public Relations, Mr. Bawa Mokwa, however, noted that the office is currently working closely with the relevant service providers and stakeholders to ensure that the failed payments are reprocessed

without further delay.

He said the federal government was aware of recent complaints regarding the non-receipt of June salaries by some personnel especially those whose accounts are domiciled with Zenith Bank Plc.

"We appeal to all affected staff of the federal public service to remain calm and rest assured that no effort will be spared in ensuring everyone receives their rightful salaries.

"Employees across various Ministries, Departments, and Agencies (MDAs) were affected due to a technical network glitch during the processing of salaries at the bank," Mokwa said.

The statement pointed out that

"Upon investigation, it was discovered that the salary payments for employees across various Ministries, Departments, and Agencies (MDAs) were affected due to a technical network glitch during the processing of salaries at the bank.

"The OAGF understands the anxiety and frustration this situation has caused, particularly given the importance of timely salary payments to the livelihoods and responsibilities of our valued public servants.

"We deeply regret the inconvenience this unfortunate incident has caused and wish to assure all affected employees that

immediate steps have been taken to resolve the issue."

Mokwa added that concrete steps have already been taken to isolate the problem, stressing that arrangements are underway to reprocess the failed payments in the shortest possible time.

"The welfare of federal government employees remains a top priority of the Office.

"The OAGF remains fully committed to transparency, accountability, and efficiency in all payroll operations and is open to continuous engagement with stakeholders to ensure sustained improvements in our service delivery.

Bala Mohammed to Deliver Keynote at Third Lateef Jakande Memorial Lecture

Sunday Ehigiator

The Nigerian Guild of Editors (NGE) has announced the 3rd edition of the Lateef Jakande Memorial Lecture, set to hold on July 23, 2025, at the Edmark D'Podium International Event Centre in Ikeja, Lagos, with Bauchi State Governor, Bala Mohammed, set to deliver the keynote address at the event.

In a statement co-signed by NGE’s President Eze Anaba and General Secretary Onuoha Ukeh,

the event, themed ‘Journalism and the Challenge of Nation-Building in a Multi-Ethnic Society’, will be chaired by Ogun State Governor Prince Dapo Abiodun. Lagos State Governor, Mr. Babajide SanwoOlu, will attend as Special Guest of Honour.

The Minister of Information and National Orientation, Mallam Mohammed Idris, is also expected to attend the event as Guest of Honour.

The annual lecture series was instituted by the NGE in 2023

to honour the legacy of the late Alhaji Lateef Jakande, revered journalist, former Lagos State governor, and past President of the Guild.

The initiative celebrates his exceptional contributions to journalism, public service, and governance.

“The Lateef Jakande Lecture provides a platform to reflect on issues central to media practice and national development. Alhaji Jakande’s legacy continues to serve as a guiding light for generations

of journalists and public servants.” Previous editions of the lecture featured Chief Felix Adenaike, Fellow of the Guild, in 2023, and Prince Nduka Obaigbena, Chairman of THISDAY/ARISE TV, in 2024. Last year’s theme was ‘Rapidly Changing Media Landscape: Survival Strategies’. This year’s event is expected to draw stakeholders from across the media, government, and civil society for what promises to be another thought-provoking national discourse.

James Emejo in Abuja
in Abuja
L-R: First Vice President, Association of Corporate Affairs Managers of Bank (ACAMB), Oze Oze; Registrar, Chartered Institute of Bankers of Nigeria (CIBN), Akin Morakinyo; ACAMB BOT member, Dr. Nkechi Alli-Balogun, Keynote Speaker/Chairman, NESG, Niyi Yusuf; ACAMB President, Rasheed Bolarinwa, and erstwhile ACAMB Treasurer, Bukola Oluyadi, at the fourth ACAMB National Stakeholders Conference held in Lagos…recently

AWARD FOR YOUTH EMPOWERMENT...

Rewane: Investing in Road Construction Will Boost Economic Activities Than Airports

The Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has said that investing in road construction and enhancing road concessioning would boost economic activities than establishing newer airports that can only serve a few elites.

Rewane shared this view in his presentation during the July 2025 Lagos Business School (LBS) LBS Breakfast Session titled: ‘Crisis Averted, But Economic Pressure Sustained’.

The economist contrasted investing N50 billion to N70 billion per runway with constructing thousands of kilometres of roads and said that only few of the 33 airports in Nigeria have regular commercial flights, adding that their operations are characterised by “high cost and low use.”

According to him these airports benefit few Nigerians who are mostly elites and may create elephant projects that compete with themselves.

He, however, said that road concessioning would unlock mass mobility, trade access and guarantee

wider reach and bigger impact per Naira spent.

According to him, better roads will deliver lower cost, mass utility and be accessible to traders, workers and students.

Rewane also said that pipeline network revival could further reduce road logistics.

He said that the structure of the Nigerian downstream petrol sector is made up of 11,168 petrol stations, 27 major marketers and 79 independent marketers as well as redundant pipelines and depot systems.

He said that reviving the pipelines and depots could result in “privatisation of pipeline investment” and offers an opportunity to consolidate price transparency and eliminate remaining arbitrage.

He added that “pipeline investment of approximately $4billion could reduce N1.07tn ($10.8 billion) logistics burden.”

He also dubbed the Dangote Refinery introduction of 4,000 CNG Trucks which is a N720 billion capital expenditure for nationwide distribution of petrol, credit facility of 500,000 litres and N1.07 trillion annual logistics cost as the game

NELFUND: Monthly Upkeep Disbursement for Students Resumes with 3,600 Beneficiaries

The Nigerian Education Loan Fund (NELFUND) has announced the successful commencement of monthly upkeep disbursements to student beneficiaries.

NELFUND, in a statement yesterday, stated the disbursement is for beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts.

Director, Strategic Communications in NELFUND, Oseyemi Oluwatuyi who signed the statement, noted that over 3,600 students who previously registered with digital-only banking platforms have successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.

She asked students who are yet to receive their upkeep payments and are still using digital wallet accounts and are advised to raise a support

ticket via the official NELFUND portal to request access to update their bank details.

“Alternatively, students may report through the IT office of their institution, which will compile and forward all related cases to NELFUND for resolution,” she added.

NELFUND restated that it’s committed to ensuring that no eligible student is left behind, stating that the resolution process is part of a broader effort to enhance the efficiency, transparency, and student-centred delivery of its support services.

“We urge all students to continue engaging only through official NELFUND channels and to assist peers who may require help navigating the update process.

“We also appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible,” she said.

changing strategy in the Nigerian market.

The repayment for the 500,000 litres credit for bulk buyers would is within two weeks under a bank guarantee.

Rewane also projected that the exchange rate would remain stable

in July, trading between N1,550 and N1,600 per dollar.

He said, “With the exchange rate remaining stable and money supply growth declining, inflation will continue to decline gradually, likely to fall to 20.8 per cent in July and below 20 per cent by August

provided that fiscal discipline, structural reforms, and monetary stability are sustained.”

He, however, described the MPR as a signaling tool and not a binding and observed that the MPR is moving in a different direction from other rates, which is a reflection

of a monetary policy disequilibrium

“Despite MPR remaining constant at 27.50 per cent, NTB rates have been consistently at 5–10 per cent points lower,” adding that “a more potent anchor is the one-year T/ bill rate, now 19.10 per cent per year,” he said.

Aiyedatiwa, Mohammed Partner to Invest $2.6bn in Ondo

Fidelis David in Akure

In a major investment breakthrough, Ondo State Governor, Lucky Aiyedatiwa and his Bauchi State counterpart, Senator Bala Mohammed, have partnered to attract a whopping $2.6 billion investment in the state.

The investment, which will be used to establish a fertiliser production and petrochemical plant, is expected to significantly boost the coastal state's economy, generate thousands of jobs, and enhance agricultural productivity and industrial development.

The development was disclosed during a meeting between the two

governors in Akure, the Ondo State capital, where the investor, Dr. Abbas Waziri, Executive Director of Residents Group Cement, accompanied Governor Mohammed.

Governor Aiyedatiwa appreciated the Bauchi State governor for facilitating the opportunity for Ondo State, stressing that this keys into his administration’s efforts to improve on the economy and provide jobs for the teeming youths in the state.

"I want to specially thank Governor Bala Mohammed for this development and for personally visiting us here. I have also watched what you are doing in Bauchi State; you've done so well

for your people, partnering with local and international investors to develop your state and that is what we are doing here too."

The governor took the opportunity to outline concrete steps already being taken towards the actualisation of the long-awaited Ondo Deep Seaport project, which he described as a game-changer for the state’s economic growth.

"We have the longest coastline in Nigeria with the deepest draft. It has always been there but for some reasons it has not been tapped but this time around, the last administration started the process which I'm trying to complete now to build a deep seaport, a first in

Nigeria that can take a modern vessel, Aiyedatiwa said.

On the planned establishment of "Residents Group Cement and Petrochemical Plant" in Ondo State, Aiyedatiwa confirmed that more investors are already indicating interest to tap into the state’s vast natural resources.

Aiyedatiwa added, "We are ready and we are building the necessary infrastructure already. I just flagged off the dualisation of Igbokoda to Okitipupa Road and the 2nd Phase will be from Okitipupa to Ore. So, before you finish building your plant the roads would have been completed.

NGO Moves to Empower Nigerian Girls

Determined to groom the girl-child to become the next generation of transformative leaders, Sisters Keepers (SK), a global non-profit organisation, said it has launched applications for the Black Girls in the Lead (B.GILD) 2025 programme.

According to the organisation, The Black Girls in the Lead (B.GILD)

programme which will close application on July 15, 2025 is a life-changing, global initiative that builds leadership, confidence, and community impact skills in Black girls across Nigeria, Ghana, Kenya, Jamaica, Burundi, the UK, and the U.S.

The Transformative Leadership and Empowerment Initiative is designed for Black girls aged 12 to 18, with Nigeria being at the forefront of the initiative.

In 2024, during the programme’s groundbreaking pilot year, Mercy Ekoojo Zekeli, an inspiring 18-year-old from Nigeria, emerged as one of the international winners of B.GILD.

Her award-winning community service project, ‘End Tuberculosis Spread’, addressed a critical health issue affecting underserved communities. Mercy was honoured with global

recognition, essential learning tools, and an educational scholarship of $750 to further her studies and expand her impact.

Commenting about her achievement, Zekeli said, “B.GILD programme helped her find the confidence she didn’t know she had.”

Zekeli said the programme made her realise that her voice matters and her actions even more.

Access Bank, UNICEF, Fifth Chukker Unite for Children’s Education at 2025 Charity Polo Day

Sunday Ehigiator in Lagos and Adibe Emenyonu in Benin City

The Guards Polo Club in Windsor will today play host to the Access Bank UK Charity Polo Day 2025, an annual philanthropic event that seamlessly blends glamour, global goodwill, and a powerful mission, providing access to quality education for underprivileged children in Nigeria.

Organised by Access Bank PLC in collaboration with United Nations Children’s Fund (UNICEF) and Fifth Chukker Polo and Country Club, the event is to bring together an elite gathering of diplomats, philanthropists, business leaders, and cultural figures, all united in support of a cause far greater than the game itself. Also, in a bid to strengthen routine immunisation services across

Edo State, the Edo State Primary Health Care Development Agency (EDSPHCDA) has partnered with UNICEF to conduct a comprehensive training programme for healthcare workers. The

From the arid communities of Kaduna State to the refined lawns of Windsor, over 14,000 Nigerian children have already felt the ripple effect of this annual gathering through newly built classrooms, improved learning environments, and restored dignity through access to quality education.”

Emmanuel Otaru
Dike Onwuamaeze
Kuni Tyessi in Abuja
L-R: Mrs. Tessy Ikimi; Archbishop of the Metropolitan See of Lagos, Most Rev. Alfred Adewale Martins, and former Director General, Nigerian Tourism Development Authority (NTDA), Hon. Sally Mbanefo, when Mbanefo received Award of Excellence for her contributions to youth empowerment at St. Gregory's Diploma School of Pastoral Music, Lagos...recently

WELL DESERVED SUCCESS...

Bandits Kill Katsina Watch Corps Officer, Five Others

NSCDC personnel killed, 3 Seminarians Kidnapped in Edo CAS: Evolving modern threats require intelligence-led operations, proactive responses

Francis Sardauna in Katsina, Linus Aleke in Abuja and Adibe Emenyonu in Benin City

No fewer than six persons have been killed by bandits in a fresh onslaught on Jargaba community in Bakori Local

Government Area of Katsina State. Also, a staff of the Nigeria Security and Civil Defence Corps (NSCDC) was reportedly killed while three Seminarians of the Catholic Immaculate Conception Minor Seminary School were abducted at Ivianokpodi,

Agenebode in Etsako East Local Government Area of Edo State.

This was as the Chief of the Air Staff (CAS), Air Marshal Hasan Bala Abubakar, yesterday, said that the evolving nature of modern threats, especially from non-state actors,

criminal networks, and internal saboteurs, requires intelligence-led operations and proactive responses to surmount.

The Air Chief made this statement during the graduation ceremony at the Nigerian Air Force School of Air

LG Autonomy: Mass Demonstration, Legal Battles Loom Over Non-Implementation of Supreme Court Judgement

Laleye Dipo in Minna

One year after the Supreme Court judgement on the autonomy of local governments and refusal of some state governors to implement the decision, mass demonstrations and legal battles loomed to enforce the implementation of the judgement.

The Supreme Court had ruled that funds due to local governments from the federation account should be disbursed directly to the LGs contrary

to the present situation in most states. However, the Human Rights and Enforcement Advocates led by a legal practitioner, Mr. Alfa Mohammed, has begun mobilising Nigerians to protest against the non-implementation of the judgement.

The group also said it will seek judicial decisions for the immediate enforcement of the Supreme Court judgement.

Mohammed, who disclosed this while addressing journalists in Minna,

Niger State, said the situation deserves a fast solution which would be difficult to find if the state governments are allowed to continue to interfere with the finances and administration of the third tier of governance."

"As concerned group of citizens, we are presently in the process of initiating legal proceedings to seek interpretation of relevant sections of the Electoral Act 2022 among other reliefs, we plan to lead a grassroot protest in solidarity with the masses

at the grassroots if the situation does not change before August 2025," Mohammed declared.

The group also asked Niger State Governor, Mohammed Umaru Bago, to put on hold the plan to conduct local government election in the state on November 21, as the incumbent council Chairmen are yet to spend four years in office in line with the Supreme Court judgement and provisions of the 1999 Constitution (as amended).

Akpabio, Sulaiman-Ibrahim Congratulate Okpebholo on Supreme Court Victory

The President of the Senate, Senator Godswill Akpabio and Minister of Women Affairs, Imaan SulaimanIbrahim, have congratulated Governor Monday Okpebholo of Edo State on his victory at the Supreme Court.

Akpabio in a statement by his Special Adviser, Media and Publicity, Hon. Eseme Eyiboh, yesterday, described the victory of Governor Okpebholo at the Supreme Court as a triumph of democracy and the will of the people of Edo State. In his congratulatory message, the Senate President stated that, "What the apex court in the land has done is to affirm the will and wishes of the

overwhelming majority of the people of Edo State. It shows that the election was transparent, free and fair."

He added, "The declaration by the Supreme Court in favour of Senator Okpebholo against Mr. Asue Ighodalo of the Peoples Democratic Party (PDP) as the legitimately and constitutionally elected governor of Edo State has proven that elections are

won at the ballot and by people who have identified with the grassroots.

"This judgement has again reaffirmed the fact that democracy is at play and the people of Edo State have wholeheartedly embraced the All Progressives Congress (APC), and popularly elected their preferred choice of Senator Okpebholo as their governor."

Ruthwiphdale Students Council Elected

Students of Ruthwiphdale School, Ipaja, have elected members of the Students Council, a student body that mediates between the parents/pupils and the school authorities, in addition to fostering an atmosphere of peace and intellectual pursuit at the school. The proprietress of the school, Mrs. Nike Odetola, said the students’ council initiative was conceived to create political awareness among early learners and build leadership skills. She added that the idea was jointly

conceived by the management of Ruthwiphdale Schools in conjunction with parents to fill all prefectship posts through competitive elections. "Our electoral process mirrors Nigeria electoral process. We have Independent Ruthwiphdale Electoral Commission (IREC) Chairman and Chief Returning Officer that manage the electoral process. We have two political parties: Pupils Justice Party (PJP) & Pupils Democratic Initiative (PDI). Candidates are elected through party primaries which are keenly

contested. We have voters' register and accreditation pre-commenced the voting. Learners vote as non-partisans bystanders having been persuaded by candidates during the election,” she added.

According to a statement, the just conducted elections produced Head Boy, Micheal Nnadiwa and Head Girl, Mandy Mba, and other seven elected learners to oversee offices like: library, health, labour, assembly, sports and others.

"The elected learners once they

resume offices for 2025/26 academic year are groomed in acquiring leadership skills set. We organise seminars for them and engage them in the area of character building, values, confidence, interpersonal relationships, social and emotional development.

"The process that is a year- long should develop leadership skills for a future leadership position in the country. The end of their tenure leads to award of certificates by Ruthwiphdale Leadership Academy,” she added.

Intelligence in Makurdi yesterday.

The member representing Bakori Constituency at the State House of Assembly, Hon. Abdulrahman AhmedKandarawa, confirmed the incident in a telephone interview yesterday. He said the marauding hoodlums invaded the agrarian community Thursday night, and moved straight to a gathering of six persons where they shot sporadically and killed them.

He stated that the Bakori Assistant Commander of the Katsina Community Watch Corps was among the six people killed by the bandits, adding that two children sustained gunshot injuries during the invasion.

“At the time they attack the community, they move straight to a gathering of six people who were resting and open fire on them. They killed all of them on the spot.

“Among those killed is the Bakori Local Government Assistant Commander of Katsina Community Watch Corps. After the attack, we discovered two children that were hit by a stray bullet. They entered a house and reportedly abducted two persons.”

Ahmed-Kandarawa said, “I received calls yesterday (Thursday) from residents of Jargaba ward, which is among the 11 wards that we have in Bakori local government, that bandits attacked the community.

Sanwo-Olu Urges Accountants to Enhance Skills for Sustainable Financial Management

Bennett Oghifo

Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged accountants in the state’s public service to enhance their analytical capabilities and contribute more effectively to the public finance system.

According to a statement by the Director, Public Affairs, State Treasury Office, Lagos State, Mrs. Lanihun-Ajala, Governor Sanwo-Olu emphasised the importance of upskilling to ensure adherence to regulatory processes, noting that these efforts will help create greater value and promote sustainable accounting practices.

The governor gave the charge while delivering his keynote address at the 15th Annual Public Lecture and Investiture of new Executive Committee members of the Lagos Public Service Chapter of the Institute of Chartered Accountants of Nigeria (ICAN), held recently, with the theme: ‘The Future of the Accounting Profession: What Every Public Accountant Must Know About Sustainability Accounting’.

Sanwo-Olu, who was represented by his Special Adviser on Internal Audit, Dr. Oyeyemi Ayoola, noted that accountants have a vital role to play in adding value to public service by ensuring the effective and efficient use of resources.

He added that this requires a high

level of professionalism to support sound decision-making through sustainability accounting.

According to him, the public sector must broaden its approach to evaluating the services it delivers and the value it creates, not just to meet immediate needs, but to ensure long-term impact. The governor further urged public sector accountants to embrace innovation and sharpen their analytical skills to ensure proper accountability.

In her acceptance speech as the 16th Chairman of the Lagos Public Service Chapter of ICAN, Oluwatoyin Suarau, FCA, described her emergence as Chairman as “a call to serve”, assuring stakeholders that the new administration will tackle challenges facing members through meaningful engagement and collaboration. She highlighted the importance of carrying every member along while strengthening the Chapter’s core values instilled by its founding matriarchs. Unveiling a robust 12-point agenda for the next 12 months, the new Chairman outlined key initiatives including an Executive Retreat to equip the new Exco with leadership and communication skills, a comprehensive fundraising drive for the Secretariat building project, and the expansion of the “Catch Them Young” programme to reach undergraduates in Nigerian universities.

Alex Enumah in Abuja and Sunday Okobi in Lagos
L-R: Co-Founder, Maple Leaf Early Years Foundation, Mr. Ndubuisi Nwigwe; fresh graduate, Chimdi Nwigwe; and Country Focal Perso n, Inter-Agency Network for Education in Emergencies (INEE), Mrs. Ifedinma Nwigwe, during the graduation ceremony of Chimdi from the University of Guelph Humber, Toronto, Canada…recently

Let the votes count...

NEMA and 2025 Flood Alerts

As the 2025 rainy season peaks, the familiar warnings of impending floods have once again been sounded across Nigeria. True to tradition, the federal government, through its relevant agencies, has issued timely alerts calling on state governments and residents in flood-prone areas to brace for potential disasters. Yet, beyond the warnings, the challenge remains: will early alerts translate into early action?

The 2025 Annual Flood Outlook, released by the Nigerian Hydrological Services Agency (NIHSA), projects that 33 states with over 150 Local Government Areas (LGAs) fall within the high flood risk zones. An additional 34 states, including the Federal Capital Territory (FCT), with about 245 LGAs, are categorized under moderate flood risk, while the remaining areas are expected to experience low flood threats. According to the Nigeria Meteorological Agency (NiMet)forecast, the period between April and November 2025 will witness intense rainfall episodes capable of triggering severe floods across many parts of the country.

Speaking at the National Emergency Coordination Forum (ECF) meeting in May, the Director-General of the National Emergency Management Agency (NEMA), Hajiya Zubaida Umar, emphasized that early warnings must be matched with swift and coordinated actions to minimize disaster impacts. She underscored the need for states and communities to prioritize preparedness measures rather than waiting for disasters to strike.

Despite repeated forecasts, flooding remains a recurring crisis in Nigeria’s rainy season calendar. Its impact continues to devastate lives, destroy livelihoods, and damage critical infrastructure. The 2012 flood remains the most catastrophic in recent memory, but subsequent years, including 2018, 2022, and more recently the 2024 Mokwa flood in Niger State, have served as painful reminders that the threat is far from over.

Flooding in Nigeria is driven by a combination of natural factors, such as heavy rainfall, and humaninduced causes, including rapid urbanization without commensurate infrastructure upgrades. Poorly designed and clogged drainage systems in many cities worsen the situation, leaving communities vulnerable to even moderate downpours.

Deforestation, land degradation, and illegal construction on waterways further reduce the land’s ability to absorb water, causing surface runoffs and flash floods. In many urban centers, unchecked waste disposal into drainage channels has also become a major contributor to recurring floods.

In response, NEMA has ramped up its flood preparedness strategy, focusing on proactive interven-

tions rather than reactive crisis management. A central element of this approach is the enhancement of early warning systems, leveraging advanced technology and real-time data analysis to deliver timely alerts to vulnerable communities.

In 2025, the agency complemented its warnings with large-scale flood simulation exercises, conducted in high-risk areas such as Anambra and Kano States. These drills tested the readiness of emergency responders, local authorities, and communities, ensuring that evacuation plans and rescue protocols are in place before actual floodwaters rise.

Beyond simulations, NEMA continues to drive community sensitization campaigns, working with local leaders, religious bodies, and youth groups to spread awareness on flood risks and personal safety measures. These campaigns stress the importance of clearing drainage channels, responsible waste disposal, and compliance with evacuation orders during emergencies.

However, addressing Nigeria’s flooding crisis requires more than early warnings and rescue drills. It demands investment in urban drainage infrastructure, strict enforcement of environmental laws, and the incorporation of flood-resilient designs in housing and road construction.

Abdulhamid Abdullahi aliyuabdulhamidabdullahiali@gmail.com

Warri Refinery Can Be Fixed Locally

As Nigeria continues to grapple with the challenges of fuel importation and its impact on the economy, it is baffling that the nation’s refineries remain dormant — despite decades of promises and billions of naira reportedly spent on Turn Around Maintenance (TAM). One such national asset is the Warri Refinery, a once-thriving industrial powerhouse located in the heart of Delta State.

The continued outsourcing of refinery rehabilitation to foreign companies is not only a wasteful practice but also a vote of no confidence in Nigerian engineers and companies. I challenge the Federal Government: Warri Refinery can be revived by competent engineering companies right here in Warri.

I say this not as a sentiment but as a fact rooted in decades of experience. Warri is home to some of the most seasoned engineers, technicians, and oil servicing firms in the entire West African region. These professionals have served with distinction in multinationals like Shell, Chevron, and Nigerian Petroleum Development Company (NPDC). They are familiar with the terrain, the technology, and more importantly, the culture of the refinery itself.

Why then do we constantly overlook these homegrown professionals in favor of foreign companies who neither understand our local context nor offer long-term value beyond expensive consultancy fees?

THE SATURDAY NEWSPAPER

EDITOR OBINNA CHIMA

DEPUTY EDITOR AHAMEFULA OGBU

MANAGING DIRECTOR ENIOLA BELLO

Let’s be clear: this isn’t just about national pride. It’s about economic sense, local content development, and national security. Engaging Nigerian firms to fix our refineries saves the country millions in foreign exchange, empowers our local economy,creates jobs for our unemployed youths,and builds technical self-reliance.The federal government must break this cycle of dependency and stop the systemic sabotage of local talent. If a local firm can build modular refineries in Nigeria with private capital and no foreign aid, why should the same government claim that only foreign firms can fix existing stateowned refineries?

DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU

CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI

EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN

THE OMBUDSMAN KAYODE KOMOLAFE

THISDAY NEWSPAPERS LIMITED

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA

GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU, EMMANUEL EFENI

DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, ANTHONY OGEDENGBE

DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI

SNR. ASSOCIATE DIRECTOR ERIC OJEH

ASSOCIATE DIRECTOR PATRICK EIMIUHI

CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI

DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO

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

We cannot continue this pattern of colonial industrial thinking — where every technical problem must have a foreign solution. It is time to trust Nigerian engineers, particularly those in Warri and the Niger Delta region who have devoted their lives to the oil and gas sector.

I call on the Senate, the Federal Ministry of Petroleum, and the NNPC Ltd to urgently reassess their approach. Enough of international contracts that never yield results. Let us put faith in Nigerian hands to solve Nigerian problems.

We can fix the Warri Refinery — and we can do it with Warri-based engineers.

Chief Sunny Onuesoke, environmentalist and managing partner, Das Energy Services Ltd.

EXPANDING EMERGENCY SERVICES IN LAGOS...

Makinde: Coalition Not Threat to PDP

S/West PDP leaders reaffirm support for party

Oyo State Governor, Seyi Makinde, yesterday declared that the Peoples Democratic Party (PDP) is an institution that cannot be threatened by talks about an emerging coalition, noting that the party remains united and undivided in the South-west geopolitical zone.

The governor said PDP leaders in the South-west region have resolved that as responsible leaders, they would stay in the party and fix whatever challenges that arise, adding that the PDP will deal with its issues and come out stronger as the only credible political alternative for Nigerians.

Governor Makinde stated this yesterday, while speaking with journalists shortly after a meeting of the South-west PDP Caucus, held at the South-west PDP Secretariat named after Hon. Soji Adagunodo.

He said, "We want the whole world

to know that the PDP in the South-west is united and we are together and that the coalition is not a threat to the PDP.

“Who are these people in this coalition? They were in some parties before, whether PDP or APC. What are their antecedents? Does it mean that anytime they move from one party to the other, they have repented or they have something new to offer the people? These are salient questions.

"This Soji Adagunodo House is for the PDP South-west. If the roof is leaking, as leaders of PDP in the South-west, are we going to abandon the building and go somewhere else to take refuge? No. We will stay inside here and fix it to let the people know that we are responsible leaders and we have the interest of the people at heart.

"So, a lot of people can say whatever they like, but in a party like the PDP, which is an institution, we have our

Ghana Responds to US Visa Restrictions, Seeks Diplomatic Resolution

Sunday Ehigiator

The Government of Ghana has officially responded to the recent decision by the United States (US) to revise its visa reciprocity schedule, which now limits B1/ B2 visa validity for Ghanaian applicants from five years with multiple entries to just three months with a single entry. In a statement yesterday, the country’s Ministry of Foreign Affairs and Regional Integration expressed concern over the new restrictions, acknowledging the significant inconvenience to Ghanaian citizens who frequently travel to the U.S. for business, education, medical care, tourism, and family visits.

The ministry also revealed that from January to July 2025, the country’s mission in the US has issued US citizens a total of 40,648 Visas, amongst which 28,626, representing 70.42 per cent, are multipleentry visas.

“While the Government of Ghana studies the current developments more closely and considers its options, the Government remains committed to working expeditiously with its longstanding partner, the US Government.

“We hope for an early resolution of the concerns that have led to the revision of the schedule, which have been confirmed to be overstays, including by ensuring that the conduct of applicants aligns with the visa application procedures and requirements of the United States.

“It is worth highlighting that from January 2025 to date, Forty Thousand Six

Hundred and forty-eight (40,648) visas have been issued by Ghana's missions in Washington, DC and New York. Out of this, Twenty-Eight Thousand, Six Hundred and Twenty-Six (28,626) are multiple-entry visas to Ghana.

“Consistent with our bilateral arrangements, US passport holders are entitled to maximum visa validity of five (5) years, and in most instances, five (5) year multiple entry visas are issued upon request.

“Some applicants, however, apply for single-entry visas owing largely to the limited validity of their passports.

“The official statistics demonstrate that, contrary to false narratives, Ghana has issued, on average, an impressive 70.42 per cent of multiple long-term visas to US passport holders, consistent with our bilateral arrangements. Besides the maximum five (5) year multiple visas, Ghana also issues multiple entry (6) months, one (1) year, two (2) years, three (3) years and four (4) years visas based on various considerations.

“The Government of President John Dramani Mahama will continue to prioritise Ghana's relations with the United States and is resolved to work on all areas of cooperation for the mutual benefit of both countries.

“To this end, as part of efforts to consolidate bilateral relations, Hon. Samuel Okudzeto Ablakwa (MP), Minister for Foreign Affairs, last week, led a team of high-level officials to discuss with their counterparts in the United States, issues of concern to both countries.

own ways and means of dealing with such issues. When we get to the point where we have to deal with such issues, I give you the assurance that we will."

Earlier, the meeting which comprised the Osun State Governor, Senator Ademola Adeleke, who was represented by his deputy, Prince Kola Adewusi, former Governor of Osun State, Prince Olagunsoye Oyinlola and other key leaders, issued a communique, stressing that the leadership of the party in the

zone distanced itself from the coalition. Noting that the leaders reaffirmed their loyalty to the PDP and commitment to the unity, stability, progress and success of the party at all levels in the zone and across the country, the communiqué added that the PDP South-west Caucus threw its weight behind the party’s National Working Committee (NWC) that the party would be open to working with other like-minded citizens desirous of rescuing Nigeria from the stranglehold

of the All Progressives Congress (APC). It added that the Caucus commended and appreciated Governors Makinde and Adeleke and other leaders of the PDP in the South-west Zone for their untiring roles in ensuring the stability and growth of the PDP, noting that the “PDP in South-west is intact and urges all organs and relevant bodies of the party to remain focused and continue to work assiduously towards the successful conduct of the scheduled National Convention

to further strengthen and reposition the PDP for the task ahead.” The communiqué read further, “The Caucus resolves to intensify efforts to ensure the victory of our great party in the upcoming by-elections in Oyo and Ogun states as well as Local Government Council election in Lagos State. The Caucus is confident that the PDP as a party of choice in the South-west and Nigeria at large will record sweeping victory in the coming elections.

Scholars Call for Digitisation of Oral Traditions, Say It's New Oil

Kuni Tyessi in Abuja

Scholars under the banner of the International Society for the Oral Literatures of Africa (ISOLA) are calling for the digitisation of Nigeria's oral traditions, claiming that failure to do so means losing a valuable part of the African heritage.

To this effect, the Society is calling on the National Universities Commission (NUC) to upgrade Oral Traditions to degree standards as in the case of medicine and engineering.

Speaking yesterday at the Yakubu Gowon University in Abuja during the 15th International Conference of ISOLA, renowned literary scholar and President of ISOLA, Prof. Akintunde Akinyemi, said the government needs to key into the vision of Oral Literature and support scholars with financial support for digitisation, while noting that the gains have a lot to contribute to the nation's Gross Domestic Product (GDP) and its perseverance of diverse cultural heritage.

Speaking on the theme: ‘Revival

and sustainability of oral texts, artefacts and heritage sites’, the president stated that the best of scholars in oral traditions has been taken out of Africa and failure of the government to work swiftly will cost a lot.

According to him, "If we are not careful, our children and grandchildren will have to rely on them to go and study about our tradition and culture because we are losing it. Moreso, we are quick to take their own culture and replace it with ours. So we have

to make sure that we do something about that.

"Scholars are trying in the continent of Africa, but the resources are not there and that is the main problem. The scholars are not getting the necessary financial support.

"Nigerian scholars from Ibadan and Ilorin amongst others have not been able to attend this conference despite being in Nigeria. They are trying their best, but the government should support the endeavour, otherwise, it will continue to fail.

Woodhall Finance House Launches ‘Creative Currency Podcast’ with N1.5bn Sector Fund

Michael Olugbode in Abuja

In a landmark collaboration to advance Nigeria’s creative economy, Woodhall Finance House, in partnership with the UK Government’s Department for Business and Trade, Polaris Bank, and the Lagos State Government have launched The Creative Currency Podcast, an initiative designed to serve as both a media platform and an economic catalyst for Nigeria’s creative economy.

Hosted by the British Deputy High Commissioner, Mr. Jonny Baxter, at his

Lagos residence, the launch brought together senior policymakers, investors, development finance institutions, highnet-worth individuals, and leading creatives from across Africa.

By weaving together capital flows, policy frameworks, and compelling narratives, the initiative seeks to unlock sustainable growth within Africa’s most vibrant export ecosystem.

Positioned at the nexus of finance, culture, and diplomacy, The Creative Currency Podcast aims to drive investment, strengthen cross-border partnerships, and reinforce the UK-

Nigeria creative network as a catalyst for economic transformation.

The British Deputy High Commissioner, Baxter, emphasised the UK’s commitment to creative collaboration

He said, “The UK is proud to support Nigeria’s creative economy through long-term partnerships that combine innovation, investment, and cultural exchange. Through the Creative Industries Technical Working Group – a direct outcome of the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) – and platforms

such as The Creative Currency Podcast, we are deepening our commitment to creative collaboration. This is about creating real opportunities, building lasting partnerships, and empowering the next generation of African talent to thrive on the global stage.” Lagos State Governor, Mr. Babajide Sanwo-Olu, represented by the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada Ambrose, delivered a keynote address that underscored Lagos’s position as Africa’s creative capital.

Emergency Rule: Women Intensify Prayers for Peace in Rivers

Blessing Ibunge in Port Harcourt

The Rivers State women, under the aegis of Rivers Women Unite for SIM (RWUS), have intensified their weekly intercessory prayers for sustained peace in Rivers State.

The Media Officer for the group, Glory Sunday, said the women who gathered at the Ecumenical Centre in Port Harcourt, the state

capital, also prayed for a divine intervention in states ravaged by insurgency and banditry across Nigeria.

The women prayed for the total restoration of peace in troubled states including Benue, Borno, Plateau, Nasarawa, Yobe, and Zamfara, and emphasised that insecurity in any part of Nigeria poses a threat to the safety and

progress of the entire nation.

They commended the First Lady of Nigeria, Senator Oluremi Tinubu, for her humanitarian interventions, particularly her donation of relief materials to displaced persons in affected regions, describing her efforts as a noble demonstration of leadership and compassion.

While expressing gratitude for the return of political stability in Rivers State, the women offered prayers for the complete restoration and strengthening of democratic governance, and called for immediate reinstatement of Governor Siminalayi Fubara. They noted that "peace has taken root", and encouraged citizens to continue to pray and collaborate for the advancement and unity of the state.

Kemi Olaitan in Ibadan
L-R: Managing Director/CEO, Hamibra Integrated Services Nigeria Limited, Mr. Sulaiman Hammed; Deputy Director, Lagos State Ambulance (LASAMBUS) Service, Mrs. Rasheedat Saka; Special Adviser to the Lagos State Governor on Health, Dr. (Mrs.) Kemi Ogunyemi; Permanent Secretary, Lagos State Ministry of Health, Dr. Olusegun Ogboye; and the Senior Special Assistant to the Lagos State Governor on Health, Dr. Oluwatoni Adeyemi at the inauguration of one of the 10 Newly Pre-Fabricated LASAMBUS Points located at Agege area of Lagos… yesterday

CAPACITY BUILDING...

‘Harnessing Gas

Africa’s

Selling Justice for Profit Undermines Rule of Law, Says Fagbemi

The Minister of Justice and Attorney General of the Federation, Mr Lateef Fagbemi, yesterday called for a concerted fight against corruption, stressing that the sale of justice undermines the fabrics of equality before the law.

Speaking in Abuja at the commemoration of the African AntiCorruption Day 2025, coordinated by the Inter-Agency Task Team (IATT) and its secretariat, the Technical Unit on Governance and Anti-corruption Reforms (TUGAR) led by Jane Onwumere, Fagbemi argued that the fight against corruption is not just a political imperative, but a moral obligation.

Besides robbing governments of resources that could be used for essential public services, Fagbemi, who was

represented by the Solicitor General of the Federation and Permanent Secretary in the Ministry of Justice, Beatrice Jedy-Agba, stated that it erodes trust in institutions and undermines the foundation of democratic societies.

The commemoration of the African Anti-Corruption Day 2025 themed: ‘Promoting Human Dignity in the Fight Against Corruption’, Fagbemi maintained that beyond the statistics and financial implications, corruption represents a direct affront to human dignity, emphasising that graft is not merely a breach of law or failure of governance, but a profound violation of human rights and dignity.

“When public funds meant for hospitals are diverted, it is not just policy failure, it is a denial of the right to life and health. When education budgets are misappropriated, it deprives generations

Flutterwave Secures Full Licence to Empower Businesses in Senegal

Flutterwave, Africa’s leading payments technology company, has recently secured a Payment Institution (PI) license from the Central Bank of West African States (BCEAO).

With this license, Flutterwave is positioned to help businesses in Senegal scale by offering its full range of seamless digital payment services. It further demonstrates the company’s commitment to connecting Africa to the global economy through world-class digital payment solutions. Africa’s financial landscape is transforming with the rise of digital payments. As more innovations emerge to facilitate payments beyond traditional banking methods, trade is becoming more efficient, accessible, and inclusive.

This has led to major economic growth within African countries. Senegal is a large contributor to

this shift. With 28 per cent of adults using mobile money in Sub-Saharan Africa, Senegal represents a significant portion of the market, driving the growth of digital payments across the continent.

Flutterwave’s fully licensed payments infrastructure empowers businesses to efficiently manage collections and payouts —streamlining operations and enabling seamless scalability. For small and medium-sized businesses in Senegal, Flutterwave offers flexible payment options such as mobile money and cards. Business owners can easily track transactions through a user-friendly dashboard and create payment links for seamless sharing on platforms like WhatsApp and Instagram—helping to break down traditional payment barriers and drive growth.

Makinde Congratulates Olagunju on NAL Fellowship Conferment

Oyo State Governor, Seyi Makinde, has extended heartfelt congratulations to the Editor of Saturday Tribune, Dr. Lasisi Olagunju, on his conferment as an Honorary Fellow of the Nigerian Academy of Letters (NAL).

The Nigerian Academy of Letters, Nigeria’s highest scholarly body dedicated to the promotion of arts, literature, and the humanities, announced Dr. Olagunju’s fellowship alongside 15 others yesterday.

He is one of only three non-university scholars to be so honoured this year, a move that underscores the impact of his contributions to public discourse

and intellectual development in Nigeria.

In a statement issued by his Special Adviser on Media, Mr. Sulaimon Olanrewaju, Governor Makinde described the recognition as a welldeserved honour, hailing Olagunju’s distinguished career in journalism and his consistent excellence as a columnist.

“I felicitate Dr. Lasisi Olagunju on this remarkable recognition by the Nigerian Academy of Letters,” the governor said.

“Dr. Olagunju has elevated the art of column writing in Nigeria with his profoundly incisive and inspiring analyses rendered in alluring language laced with wit and history.

of their future. When justice is traded for profit, it dismantles the very fabric of equality before the law.

“And this is why the fight against corruption is not just a political imperative, but a moral obligation. It is about defending the inherent values of our society, of our humanity, regardless of our socio-economic standard.

“Our commitment to combating corruption, therefore, must go hand in hand with steadfast dedication to the rule of law, due process, and protection of civil liberties,” the minister said.

He stated that as Nigeria builds resilient institutions, it must also maintain a culture

of dignity where every Nigerian is treated fairly and every public institution sees service as a moral duty.

“While our commitment to fighting corruption is unshakable, we must be compliant with our commitment to human rights, the rule of law, and the principles of due process that guide and guard our activities within the public space. It is important, also, that law enforcement actions do not trample on civil liberties,” he advised.

In her remarks, the head of TUGAR, Onwumere, said that the gathering signified a shared commitment in the fight against corruption and also a

testament to a desire to eradicate graft and improve the lives of Nigerian citizens and Africans at large.

Describing corruption as a complex issue with far-reaching consequences, Onwumere pointed out that it strips people of human dignity, which demands that every person has intrinsic worth and deserves to be valued and respected.

“This year’s theme challenges us to connect the dots between integrity and human dignity in order to ensure that our anti-corruption strategies do not merely punish wrongdoing, but protect the rights and well-being of every citizen.

“Just as we have collectively developed mechanisms and strategies to block illicit financial flows, manage recovered stolen assets and prescribed punitive measures to curb corruption, we are once again called upon to put our resources to good use to integrate the protection of human rights in our fight against corruption.

“For a government to be accountable, transparent, responsible and fair, it must be built on the foundation of respecting and preserving the rights of her citizens. Therefore, the protection of human rights must be integrated as an integral part in the fight against corruption,” she added.

Nigeria’s Economy Showing Signs of Macroeconomic Stability, Says CEO

The Managing Director/CEO of FSDH Merchant Bank, Bukola Smith, has declared that the Nigerian economy “has demonstrated encouraging signs of macroeconomic stability in the face of global headwinds.

“Our PMI data suggests an expanding economy, inflation is decelerating, and exchange rate reforms are strengthening market confidence.

However, sustaining this progress requires deep structural reforms, especially in energy, trade, and fiscal management.”

Smith stated this during the FSDH’s Mid-Year Economic Outlook Roundtable titled: ‘Balancing on the Edge in a Fragile World’, which dissected the complex interplay of global disruptions and Nigeria’s economic performance, while providing a forward-looking projection for H2 2025.

The roundtable also witnessed the release of FSDH Nigeria’s 2025 H1 Macroeconomic Report titled ‘Nigeria Navigates a Fragile Global Landscape with Signs of Stability and Reform Momentum’.

FSDH said that global risks like the Israel-Iran conflict and a renewed tariff war under United States President Donald Trump have triggered global uncertainty, oil price volatility and trade disruptions, which impacted shaping

Nigeria’s external outlook. The report said that following a revision in the Consumer Price Index methodology, inflation dropped from 24.5 per cent in January to 23 per cent in May 2025. According to the FSDH, the Naira showed relative stability, trading within a narrower band as foreign exchange reforms and Central Bank of Nigeria’s transparency have restored investor confidence.

Financial institutions and regulators in Nigeria have been advised to take deliberate steps to embrace Artificial Inteligence (AI) and formulate a framework for its adaptation.

This advice was given by the Managing Partner of Verraki, Mr. Olaniyi Yusuf, in a paper titled ‘AI

The Chairman/CEO, McDons Skye Hotel, Owerri, Dr. Modestus Chigo Akweke, has lauded the Presidential Foreign Intervention Promotion Council (PFIPC), a non-statutory body that provides advice to the President on economic policy, on steps for the revival of the economy.

Akweke, who stated this during the 'Future Hospitality Summit Africa' held recently in Cape Town, South Africa, said "this is the first kind of an independent council composed of prominent economists and technical experts from various sectors needed to revive our economy and help

and the Future of Trust: Reimagining Banking and Financial Services in a Digital-First Era’, at a stakeholders’ conference organised by the Association of Corporate Affairs Managers of Banks (ACAMB) in Lagos.

Yusuf said that the use of AI in Nigeria financial services include automated credit scoring and loan processing by platforms like Fair Money. Others are

in attracting foreign investors into our country."

"I was impressed that the Director General, PFIPC, Prince Adeniyi Adeyemi, led his formidable team to attend the Future Hospitality Summit Africa (FSH Africa) held in Cape Town, South Africa, recently with the aim of meeting with various investors and woos them with government policies to Nigeria," he added. Akweke further said that he has the assurance that the in-depth discussions the PFIPC helmsman had with various investors at the forum will soon be

fraud detection in digital banking and AI powered chatbots and service assistants.

He defined AI as a simulation of human intelligence in machines that can perform tasks such as problem solving, learning, reasoning and decision making.

He said, “AI is rapidly transforming financial services sector,” therefore, “a robust AI framework must be established to provide safeguards.”

yielding positive results on global and domestic economic developments in Nigeria in due course.

"With the participation of the PFIPC at FHS Africa, it was a true reflection that the council is more focused on attracting and facilitating foreign investments and partnerships in Nigeria's hospitality sector. They have set the ball rolling and aim to create a supportive environment for foreign investors, ensuring they have the same rights and protections as local businesses in our country," Akweke said.

He added that “like other technologies before it, we must be deliberate to maximise the benefits and mitigate the risks of AI.”

These steps, according to him, should include governance which “define trust parameters and AI guardianship to enable consent driven systems to promote trust and inclusion” as well as fostering “ethical AI development and human

Dike Onwuamaeze
L-R: Head Business Development (Gas), Sahara Group, Ifeoma Isichei;Chief Executive Officer, FIPL, Olurotimi Famoroti; Head, Integrated Gas Ventures, Asharami Energy, Mariah Lucciano-Gabriel; Head, Business Performance Management, Sahara Group, Omobolanle Adesulu; Senior Technical Assistant to Minister of State Petroleum Resources (Gas), Abel Nsa; Senior Infrastructure Finance Professional, Mobolaji Sunmoni, and Team Lead, Platforms Africa, Dr. Adeola Yusuf, during the Asharami Square event with theme,
for
Sustainable Future,’ held in Lagos... yesterday
Emmanuel Addeh in Abuja

Anya O. Anya:

The Story of My Life Is All About Grace

In a nation often shaped by turbulence, missed opportunities, and unrealised potential, few voices resonate with the authority, wisdom, and moral clarity of Prof. Anya O. Anya. A respected elder statesman, accomplished scholar, seasoned technocrat, and a biologist who emerged as the pioneer Director General of the Nigerian Economic Summit Group, Anya has lived through the triumphs and travails of Nigeria’s post-independence journey. He speaks with a disarming blend of candor and grace, qualities that have defined his life and public service. Even as he acknowledges the hand of providence in his journey, Anya expresses anguish over the state of the country he loves, saying Nigeria has no basis to be where it is today. But he is optimistic. He strongly believes that the country is nearing an inflection point and critical moment of significant transformation. Obinna Chima brings the excerpts:

Chave been no Prof. Anya. My father was a fairly well-off person. In 1940-41, he had a lorry, but he died. I was born in 1937, but he died in March 1945. So, I was about eight years old when he died. He had then put me in school. He brought me back from Port Harcourt, where I was growing up and enrolled in school at Abriba. But when he died, there was nobody to assist me. My mother struggled. An uncle agreed that I could live with him as a day boy and go to school, but there was the question of who would pay my school fees. My mother

kept on struggling, and whatever she had, she would send to my guardian. And I struggled like that from class one to class three. Indeed, that was where God’s miracle started. We had a lesson on the circulation of blood in class three. Two weeks later, the teacher gave an exam on the subject, and my answers were outstanding. He took my script to the class above us to show them how brilliantly I performed. So, that put the spotlight on me. So, when I was going home, I would pass the Calabar County Council Library and spend some time there reading before heading home. Then there was to be a County Council election. One of the men said I should be recruited to help them check the electoral register for them, which I did. I

didn’t know God was opening the doors for me through that because the Calabar County Council now gave me a scholarship. So, in my Class Four and Class Five, I was a boarder student due to that scholarship. My grade shot up. Which was why when we finished Class Five, I was one of the 10 people that the school selected to come back for the Higher School Certificate. I went back, did the higher school, and was prepared for university. For the university, I applied for a federal government scholarship, and I got it. When I finished at the University College, Ibadan, my external examiner, Prof. Noel, from the University of London, asked to see me after the examination. He asked me what I wanted to do next. After I told him, he asked if I had heard about the Molteno Institute at Cambridge, and I said yes. So, told me to write to

Anya

Anya O. Anya: Nigeria Has No Justification to Be Where it

the institute and that I should let them know that he was the one who asked me to write to them. That was how I went to Cambridge to study Parasitology, and I believe I have given a good account of myself both nationally and internationally.

What motivated you to pursue a career in academia?

There were people I admired. Akanu Ibiam became a missionary doctor. When he finished, he came back to Nigeria and founded a hospital in Abriba. His wife used to work with the local women, so my mother would often take me to their house. I admired his lifestyle and aspired to emulate it. Secondly, we all knew about Eni Njoku, the first Minister of Power in Nigeria and the first Vice Chancellor of the University of Lagos. I developed a personal relationship with these two men, and they encouraged and raised the bar for me.

Looking back, what will you say was the turning point that defined your professional journey?

There are many defining points for me. Getting a scholarship from the County Council was unthinkable because, even at that time, there was an attitude towards the Igbos. To have an Igbo boy come to Calabar and get a scholarship was unthinkable, and God arranged it in a manner that they felt obligated because of the service I rendered to them. So, the scholarship for me was a defining moment because from that point I was no longer struggling or thinking about where to get money for my school fees. Also, the federal government scholarship that I had was a defining moment because in those days, they not only paid your fees, but they even gave you pocket money. And when I come back for the holidays, I would be involved in vacation jobs, and from all that, I was supporting my mother and siblings, who were all in schools as well. So, that was how we struggled. But the lessons I learnt are that you cannot do without God. Secondly, don’t pray that you come into life into a rich family and overnight all that vanishes. The struggle to get back is very difficult. To have been there and you fall, to start again is always difficult because people would not believe you don’t have anymore. That was what happened when I lost my father. So, when you have been through that, you can’t help but be grateful to God, because he makes the difference.

As a professor, what did you find most fulfilling about teaching?

I have also been fortunate in that. I went to a funeral ceremony recently. One of my students came up and quoted some of my lectures, and we laughed about it. I am lucky to have taught some of the brightest.

How did your academic background influence your approach to leadership?

When you have role models like Eni Njoku, you want to imitate their lifestyle. Eni Njoku had the reputation of being the brightest African that went to the University of Manchester. So, when you have people like that as role models, you know that the pole is still high above you. But if someone else has achieved it, if you remain focused and consistent, you will also do so. So, the story of my early life created in me empathy for those who are struggling. When I saw students struggling, I tried to assist them with the things they needed to survive. But talking about leadership, Nigeria is not what one hoped it would be and Nigeria has no basis to be where it is today. But where we are did not come overnight. It took time. On three occasions, I went to international conferences, I presented papers, and people came to me to ask, ‘How can people like you be there and your country is the way it is?’ I was asked that question in the United States, former Yugoslavia, and at Cambridge. ‘How can your country be the way it is, and there are people like you?’ I had no answer for them. Slowly, we have developed tolerance for criminality. Look at what is going on in the political parties, the things they tolerate, nobody asks any questions about accountability. Nobody builds a society that way. Even now, as we speak, there are enough people who can turn this country around. But the kind of characters that have been drawn into politics in Nigeria, you will see that those pulling down are more than those building. But I am not hopeless about Nigeria. I have followed the history of other countries. There is always an inflection point when things change. Societies are not changed by the majority, but by the minority. The good thing is that when you start succeeding in your leadership, a few more people will start admiring it. A new value system would start emerging, and younger people would start learning from the new value system and things would change. Take China as an example. If you study China and what they went through, you will not believe what they have

Anya done in the last 50 years, with a complete change in direction. They picked what they needed from other countries, internalised it, and made it theirs. That is what Nigeria needs to do. So, we need competent leaders who have character to make progress, and I think we are at that inflection point and the opportunity is right now before Nigerians.

Since President Bola Tinubu decided to honour key figures linked to the June 12, 1993 election last month, we’ve heard varying accounts of what truly transpired. From your perspective, what is the significance of that decision, and how do you interpret the events of June 12 today?

I have been reading everything that I have been written and all the claims made. But I think I should start the story from the beginning. Towards the end of 1989, General Ibrahim Babangida once more postponed the return to democracy. Three of us – Ebitu Ukiwe, Abdulazeez Udeh, who is now dead, and I - we sat down and said, ‘Look, if this thing comes out the way they are planning it, the Igbos will not be part of it.’ So, we decided that none of us could speak for Ndigbo; therefore, we should have a meeting of the leadership in Igbo land. That meeting was held in Ukiwe’s house in Abriba, Abia State, and everybody that was anybody in Igboland, from Chukwuma Onoh, Sam Mbakwe, Pius Okogbo, and anybody that was somebody in the entire region, was at that meeting. TheonlypersonwhowasnottherewasAlexEkwueme. That meeting agreed that we should reach out to the Yorubas. So, we decided that Onoh, Mbakwe and I, should go and meet Akanu Ibiam at Unwana, and tell him what we were planning. We went and he received us and he was very happy. So, we came back, consulted, and a delegation of three was sent to Adekunle Ajasin. We met Ajasin at Owo, Ondo State. When we got there, I made a presentation and we discussed the need for the south-east to work with other regions in the country, and after that, we left. Two weeks later, Ajasin called me and said his people have agreed to meet with us as we requested. Sonny Odogwu now offered to host the meeting in his house at Asaba. A very strong delegation of the Yorubas came to Asaba, while we came from the east. There, we decided to form what we called the Council of Unity and Understanding (CUU). Ajasin, Ebitu, and T.Y. Danjuma were all Co-Chairmen of the CUU. So, we had the east, the west, and the north-central, all represented. We decided that the three groups will be working together ahead of the electoral programme that Babagida was expected to set up. Now, the issue of how to mobilise the leaders of these various areas to see what we were doing and to join us came up. I went on a delegation, with Sonny Odogwu, led by me to Jos. Solomon Lar and other important leaders in the State were there. We told them what we were doing and they welcomed it. The framework for us to work together was established. Fast-forward, it became who would be the candidate that the group would embrace if

So, what is one message that you have for the President on this matter?

First, that there ought to be a more detailed study of the events of those days, and secondly, to identify those who played key roles, not what the newspapers wrote. It is not as if the President is ignorant. In one or two of the meetings I talked about, he attended, although he was not part of the leadership. He recognised my role because when my mother died, he was Governor of Lagos State, and he sent Yemi Cardoso, who is now Governor of the Central Bank of Nigeria, to represent him at the funeral at Abriba, Abia State. But I am not blaming anybody, but it is just all about lack of information. So, we need the detailed study so that there will be an accurate rendering of the event. This is important, even for the country moving forward.

How do you react to those who have chosen to politicise this matter rather than address its substance?

Each one is telling his story from his angle of observation. The situation we have is the story of the blind me and the elephant, everybody talking from their perspective. Ayo Opadokun, for example, was detained for a long time and when he was released, the Offa people held a reception for him. I was not there at that reception, but I was told that he told his people that people like me should be commended for the role I played.

You were the first Director General of the Nigerian Economic Summit Group (NESG). What were the biggest challenges you faced then, and how were you able to navigate them?

the election came. We, on our path, said we were not in a position to dictate to anybody, since there was likely to be no Igbo man coming up to contest. We then agreed to team up with the Yorubas and bring in the Middle Belt into it. The Eastern Caucus chose M.K.O. Abiola. When we mentioned that we were going to choose Abiola, Ajasin, and some others opposed the idea initially. We told them we were dealing with a political situation and that we must have a candidate who, despite the fact that he is coming from the south, must have a relationship with some parts of the north and looking through Nigeria then, it was only Abiola that fulfilled that. There was no Emir he had not supported and no there was no major formation he had not worked with. We now called a meeting in T.Y Danjuma’s house, to decide who was going to be the candidate to be adopted by the CUU. We started the meeting, and Ajasin once more opposed the choice of Abiola. At that point, Ayo Opadokun appealed for calm, and they convinced Ajasin that we should all support Abiola. We now endorsed Abiola. While we were in that meeting, they told Abiola to meet us at Danjuma’s house and he came. That was where the journey started. Now, we go to a point where we needed to make sure that the Nigerian people know what we were doing, because all these while we kept our meetings secret and away from the media. We decided that whether we liked it or not, we needed to go public. So, somebody suggested that we should invite Tony Enahoro. He was invited. After further discussions, we decided on two things: First, that we would float the National Democratic Coalition (NADECO), and we agreed that NADECO would be the public face, while the CUU will continue being the father. The way we worked was that Ayo Opadokun, whom they have not mentioned at all, was the driver and linkage between the CUU and NADECO. It got to the point that things were now developing hour by hour. I discussed with Ukiwe and we agreed to bring in Ndubuisi Kanu. So, I met with Ndubuisi and explained what we’ve been doing and I took him to Abiola to introduce him to Abiola that since I was in the east, he should always consult with Ndubuisi Kanu. Kudirat Abiola and Dr. Olikoye Ransome-Kuti were at that meeting. And the journey of NADECO started.

Are you in any way disappointed that President Tinubu did not acknowledge any of the names you referenced in his Democracy Day honours?

Of course. But I am not blaming anybody because it means they did not know what went on. But the one that surprises me is Ayo Opadokun, because he was the public face of NADECO for a long time. But nobody talks about the CUU that was the parent body. We are talking about fidelity to history. That is why is important. The people you see their names were the people who played the politics of June 12 on the pages of newspaper, not the people who did the quiet planning and the work.

You know I am a biologist and not an economist. So, that was the first challenge for me. The first thing was how a biologist could lead the economic think-tank for Nigeria. It comes back to the issue of values and leadership. I had worked with Vision 2010, and I was the Chairman of the committee that finalised the Vision 2010 report. So, when they decided to establish the NESG, they were meeting occasionally, and they wanted to institutionalise it. So, they started looking for a leader. Naturally, they wanted an economist. They interviewed two Nigerian professors in the United States and two other professors in Nigeria, all economists. When they finished, they weren’t satisfied. The late Dick Kramer, an American now presented my name based on the work I did on the Vision 2010. The late Pascal Dozie, now, told them that I was not likely to agree because he had discussed it with me and I told him I wasn’t interested. Felix Ohiwerei, a good friend of mine also got in touch with me and I said I wasn’t interested. They continued pressing and I flew into Lagos. Dick Kramer said I should see Suleman and I had my chat with them and I decided to give it a trial. So, we started and I had to teach myself a few things. Luckily, as a scholar, I had learnt to dabble into things beyond my area. Not only was I teaching myself economics, I was also studying about people who succeeded in whatever they wanted to do. The NESG was a challenging assignment and I made sure I confronted the challenges. Even today, the boys running the NESG still get back to me. At times, they set up advisory board and I am included. Don’t forget your past in building your future. There is also the notion of selfishness and selflessness. You cannot build anything if you are self-centred. You must look at others, encourage them, particularly the young because you will need them to also teach you instead future. You will get to a certain point, ther ae things you will want to do but you can’t do them alone. But if you have bright people, once in a while call them together and listen to them. You must have young people around you who feel challenged by your life and the environment.

During your tenure at the NESG, what will you consider as your most significant contribution to Nigeria’s economic development?

I will put it this way: I have been fortunate that most times, my other interests outside biology were noticed by people and I used it. For example, how did I become the chairman of the governing board of the Nigerian Merits Awards? I later discovered that two distinguished northern professors were the ones who recommended me to former President Olusegun Obasanjo. That appointment opens doors for a wider circle of brilliant Nigerians to identify my strength. It became a training ground for us to mould exceptional people for Nigeria. Unfortunately, Nigeria is using those talents. Apart from giving them the money and the piece of paper, what do we do with them afterwards? In China, they will encourage these persons to grow a circle of leaders of young people around them to reproduce themselves.

Ikechi Uko: Implementing ECOWAS Free Movement Protocol Will Enhance Tourism

Can you throw more light on the theme of this year’s Accra Weizo?

Last year, we decided to do a road trip, and in the course of the road trip, we found out that the border officials were not fully obeying the protocol of ECOWAS (Economic Community of West African States) for free movement and the rest of that. We were allowed to move, but there were a lot of obstacles. So, we now said, ECOWAS protocol has been in place for a long time, can we reimagine it? Is it possible we look at it and say, what is not working? So, that’s one. We also found out that only one part of the whole ECOWAS thing is working, that is in travel. People are able to move, but groups have issues moving. Security is down, and governance is bad. So, we felt the area in which we play is actually the success story. Let’s talk about the enablers. People who had enabled those processes to work and most of them in travel and tourism are transporters and tour operators. We decided to do a summit of tour operators because we found out that the tour operators need to work with each other and they have not been doing that. If we do a summit of tour operators, we can actually first network them and secondly, challenge them. Third get them to take a position on how to improve things. That’s why we concentrated on that. And we are happy that one way or the other, ECOWAS itself reached out to us and decided that they are interested in what we are doing. In the last one year, ECOWAS has been very busy trying to do a lot in tourism and travel. But they were dealing with the federations in different countries. They found out here that we are playing at a level that deals with the real players. That’s why you saw ECOWAS participate this year. They now feel, okay, this is the audience we need to be talking to because they resolved the problem of the ECOWAS protocol. That it was not the problem of ECOWAS. It was more of a problem of the implementation by the different countries. So, that was something that we are happy it was thrashed out. That was about the theme.

Tour operators at the conference emphasised the need to have a formidable group to drive tourism in West Africa. What’s your take on this?

The thing about forming groups is that professional politicians take over those things. The group that ECOWAS is already dealing with, I won’t say they are politicians but they are people who are not actively involved in the business. So, if you now set up this association everybody is clamouring for, the association will eventually be taken over by these professional people who have time and money and are not active in the business. For now, this informal kind of thing we did, asked everybody to network. Now, if you are planning a tour between Gambia and Senegal, have the Representative of Gambia Transport Company here. You can call him up and he will provide that for you. If you want to do tours to Senegal, there is Elrad, here. So, what we have done is to provide partners for each person. I know some people will attend an event like this, they won’t collect these contacts. Then suddenly they will need to do business in Gambia, they will start calling me to give them my connections. People are expected to network at a high-profile conference such as this. But many failed to do so. Then you get back to Lagos, and you have need to do business with Senegal, you start to call me. Am I the one who should network for you. That’s why we do this kind of event, so that you come there and build trust because Africans are wired differently. You need to trust someone to do business with. So, when I now recommend to you, if something goes wrong, you hold me responsible. Now, we don’t do. It’s now a policy in my office that we don’t give out our contacts again. If you want, come to the event, meet the people. That little sharing of your card we did, you see positive fallout of it. So, they need to network a lot more. Next year, and also at Akwaaba, most of them are coming to Lagos, Nigeria. We have over 20 tour operators coming from East Africa. They want to come and make friends with tour operators in West Africa. So, for these people that you saw at 2025 Accra Weizo, they’ve made friends and networked with each other. So, anybody that is smart. So, associations to me in West Africa haven’t been effective as a model for deepening relationships because the people who are not very, what I call the tourism agitators, have time and nuisance value. And they will try and capture the association for a platform, prestige for them. They won’t take back the information of whatever is discussed to their members. They finish the event, everybody goes home and that’s it.

Uko

The representative of the president of the ECOWAS Commission requested you do a report on the outcome of the 2025 Accra Weizo, which will be delivered to the commission?

I’ve asked the tour operators to put together what they discussed. They raised like five points. Those are the points that we’ll help them collate and send to the president of ECOWAS Commission. And say, these were the problems identified. These ones you’ve told us can be handled by countries. But this other one has to be handled at the policy level. So, these are our expectations. If ECOWAS endorses a tour operator, without ECOWAS endorsement, if you turn up at the border, the person who is trying to give you trouble will know that there’s a higher authority you can call. Those are the kind of things that, when we were coming to Ghana last year, at the border, when we got there, once the Ghana immigration saw that it was a government vehicle that came to pick us, they treated us better. Because they knew we were guests of the government. So, we’ll be collating the things that were discussed and agreed upon by the tour operators and we’ll now present it to the president of ECOWAS Commission.

What are those five things?

I’d rather wait for them to articulate it properly because you know, they formed a group among themselves and they talked among each other. I want this to be more participatory than we sitting down and putting it together. Let it be that they own it. That these presidents of these associations, they own it. If they now want to say, okay, we’ll form an association ourselves, we’ll help them. We spoke with 10 different presidents who were supposed to be there.

Given that these problems continue to repeat every year at the borders, can ECOWAS have control of even the immigration? Two, what do they mean by implementation is a problem? Why can’t they implement the ECOWAS Protocol?

You see, each is a sovereign nation and they can decide to implement it well or refuse to implement it. But they are signatories to the ECOWAS Protocol. If you sue them for preventing you from staying 90 days and above, if you sue them for preventing you from doing business, you will win. But the man stopping you at the ports, he says he’s exercising his rights. But his law does not cover that. So, it’s just that immigration man misapplying the law, because there is nothing in the law. The representative of the ECOWAS President told us, everybody signed to that protocol. And they have not withdrawn. That’s where the media and tour operators have power. If you keep exposing it, something might be done about it. If you keep reporting them, why did we recognise the president of ECOWAS?

He decided to drive by road to go and experience these things. I watched the video where he was challenging every single person. Now, there’s a girl who did a video and she has been to 20 countries by bike. I shared the video to the ECOWAS man at the conference. She said the three worst immigration in the whole of Africa is between Zambia and Angola. Then two, Benin and Togo. The worst is Togo and Ghana. So, he said Benin, Togo, Togo and Ghana. So, Togo is the bad boy, because it’s on both sides. I sent that report to the ECOWAS president. I just shared with the ECOWAS commission to show you that the lady says three of the worst in Africa are in ECOWAS. And it’s just between Lagos and Accra.

One of the participants suggested that Accra Weizo be rotated. Do you buy this idea?

We have a lot of such requests in the past. State governments will say next year’s Akwaaba they would host it. We ignore those things. So when people say do this, the necessary things to make the event successful when it comes to that you will see that the will is not there. You’re left to do it alone. Like for us, this is not a profitable business. It’s been more like CSR and that’s why it was easy for me to stop it until the government of Ghana says we have to restart it, and we restarted it. In the discussion, we had with the new team, they asked how is Accra Weizo valuable to Ghana tourism? And I said, we have brought over 100 tour operators to Ghana. How? We listed them. We have brought this number of airlines: Air Peace, Asky, Medview, Aero, ARIK. We have brought Lagos State government, Calabar Carnival, NCAC (National Council for Arts and Culture), NIHOTOURS (National Institute for Hospitality and Tourism). We brought Dubai Tourism to Ghana. We brought South Africa Tourism here. We brought Kenya Tourism. We brought Uganda Tourism. We brought Gambian Tourism. And no other organisation in Ghana has been able to provide that amount of value. So, if you want us to move it there, it wouldn’t be my problem to now begin to organise the resources to move it.

So, why do our events work and other events struggle? We are detailed. We plan and we make sacrifices. We are not expecting to make money in the beginning of our projects. We invest time, our own personal money to build those products. That’s why when the products become profitable, everybody now jumps in and they die. Why? They have not built and are not detailed. They have not built those things. We did one in Gambia, Bantaba. Flight tickets between Lagos and Gambia is more than N1.7 million. So, how many people are going to fly in from Nigeria? How many people are going to fly in from other places? If a co-host comes to play and provides those supports, and Senegal or which other country provides those supports, we can get involved. Whereas, as of now, I’m not going to put my money to that. So, but it looks like a nice idea because there and then, I had offers by different organisations. And what makes travelling exhibitions and conferences successful are very detailed things that a lot of people who jump into it do not know because they don’t know how it works.

The Nigeria Association of Tour Operators (NATOP) president in the expert session talked about bilingual and using AI to generate contents. Among all these suggestions, which of them do you think is profitable to the region and could lead to this seamless travel we are talking about?

From your own personal experience you have seen that the border is a problem. That’s one. Two, that visa regime will help everybody. Ghana is already plugged into the American markets. You see, the hotel I stayed in, the students, everybody, all universities exchange. Almost every American university brings students to Ghana. Now from Ghana, they fly to Nigeria. They started coming to Harvard and go. These are big boys. But there are smaller universities that come to Ghana. So if the visa thing is possible, they will just come here and drive down. Ghana is a gateway, but Nigeria is massive in their eyes. Everybody wants to experience that. If anybody should drive that multiple visa thing, it should be Nigeria. Because we start to benefit from other people’s hard work that’s important. The people operate in silos. I asked Ghanaian thought create to nominate their Nigerian partners. Only three people could nominate. You know, the awards we give we’ll ask people to nominate. Then for Nigerians, most of the thought creators are independent. They don’t work with partners. They just pay for hotel. That’s it.

Loyalty, Laziness Or Lost?

In recent weeks, the Federal Capital Territory (FCT) has taken on the feel of a construction site-turned-celebration venue. Hate or love his combative style of politics, the Minister of the Federal Capital Territory, Nyesom Wike, has undeniably delivered on several fronts. He is reviving long-abandoned infrastructure projects, enforcing urban development regulations, and injecting a renewed sense of urgency into the FCT’s administration.

His leadership style may polarise opinion, but his results are difficult to ignore as the FCT has been marked by rapid development, extensive road rehabilitation, urban expansion, and a commitment to executing long-overdue projects.

In a political climate where many promises are rarely fulfilled, Wike’s recent commissioning spree deserves applause. The events proved that when political will meets executive audacity, the results can be concrete.

But something disturbing caught my attention during the project commissioning period. Among the sea of dignitaries and political allies that graced these ceremonies almost daily were three former Peoples Democratic Party (PDP) Governors of Abia State, Okezie Ikpeazu; Benue, Samuel Ortom, and Enugu, Ifeanyi Ugwuanyi. They were permanent fixtures, present at the ceremonies for photo-op and speech. Two of them were also at the thanksgiving service that was held after the projects’ commissioning. Sometimes you see them grinning from ear to ear and swaying their bodies to the rhythm of Wike’s special band and clapping to his jabs at his political foes, as if attendance was their full-time job.

I kept wondering how men who once held sway for eight years in their respective States, would wake up in the morning and go and sit down for palace, market and other projects’ commissioning for several days.

Get me right, I am not saying there is something wrong with them going out to support their friend, but for former State Governors to be permanent faces at such events, day after day, naturally raises eyebrows and serious questions.

Was this a case of unwavering loyalty to Wike, their political benefactor and long-time associate? Is it laziness, a refusal, or an inability to find relevance outside the cozy corridors of political patronage? Or are they politically lost, men who once ruled states now drifting in search of a new identity and purpose, especially with the weakening of the PDP since the adoption of the African Democratic Congress (ADC) by the leaders of the coalition?

A peek into his profile shows that Okezie, 60, is a biochemist and teacher. He governed Abia State from 2015 to 2023. After graduating from the University of Maiduguri, where he studied Clinical Biochemistry for his first and second degrees, he obtained a doctorate in Biochemical Pharmacology from the University of Calabar and distinguished himself as an academic before venturing into politics. It was then expected that outside the office, he would probably return to the academic or research world, or even find other meaningful things to lay his hands on,

leveraging his rich expertise to contribute to national development.

Ortom, 64, an accomplished businessman, governed between 2015 and 2023. Aside from becoming a professional driver, he holds Diploma in Salesmanship, Journalism, as well as in Personnel Management. In addition, he has a Master’s Degree in Public Administration.

Ugwuanyi, 61, called ‘Gburugburu’ by his admirers, before becoming governor in 2015, was a member of the House of Representatives for 12 years. Before that, armed with a B.Sc. degree in Finance, M.Sc. degree in Marketing (Public Relations) both from the University of Nigeria, Nsukka, as well as an MBA degree in Finance and another MBA degree in Accountancy from Enugu State University of Science and Technology (ESUT), he rose to become the General Manager of Premier Insurance Brokers Limited, Enugu. One would expect that he leverages this rich and diverse academic background, combined with years of executive experience, to spend more time contributing meaningfully to society instead of sitting under canopies for hours, in almost one month in the name of attending project commissioning, which he was not part of the execution.

The foregoing, therefore, raises a larger question about why it is so difficult for many in the political class to find a second address once they leave public office. A truly fulfilled political career should culminate not in daily appearances at commissioning ceremonies but in purposeful engagement through business, academia, civil society, or mentorship.

There’s a dangerous culture forming in our democracy—a life without reinvention. Too many of our leaders are conditioned to believe that relevance only comes with public office. But public office is a service, not a permanent identity. A post-governorship life should not mean trailing one’s former associates from podium to podium. For instance, in the United States, former Governors of California, Jerry Brown, returned to legal practice and advocacy after service, while Arnold Schwarzenegger is now a global voice on climate change. These few examples reflect a culture where public office is a phase and not a lifetime entitlement.

Former political officeholders possess invaluable experience, institutional knowledge, and networks that can greatly benefit national development beyond their time in office. It is both a moral obligation and a patriotic duty for them to remain fully engaged in meaningful ventures—whether through mentorship, public policy advocacy, private enterprise, or philanthropy.

When they withdraw into idleness or reduce themselves to political cheerleaders, the nation loses critical insight that could guide reforms, shape governance, and inspire future leaders.

These men have a lot more to contribute to Nigeria instead of idling. We need to see them contribute positively to Nigeria’s productivity through mentorship, policy advocacy, institution building, or even returning to their professional roots. Their experiences should be a national asset. Therefore, there is a need for these men to reflect on how best to apply themselves meaningfully to national development.

L-R: School Manager, Anwar-UL-Islamic Primary School, Ogba, Agege, Mrs Abdullahi Morufat; Wife of the Oba, Olori Deorike Egbeyemi; HRM Oba Latif Oladimeji Egbeyemi, the Madarikan (1), Ologba of Ogba Kingdom; Wife of the Oba, Olori Risikat Egbeyemi; Education Secretary, Agege, Mrs Ogunyomi Catherine Motuntayo; during the Ologba of Ogba scholarship Presentation to Mark his birthday with pupils of Ogba, Agege, primary school ..recently
L-R: Head of Department. Fine and Applied Arts Education, Federal College of Education, Akoka, Mr. Opadosu Omoniyi; Faculty Officer, Faculty of Arts, University of Lagos(UNILAG),Mrs ..Ijanya Okeme; Convener, Lagos Street Photo Walk, Mr. Segun Ajayi; Dean, Faculty of Arts, UNILAG, Prof. Akanbi Mudashiru; Lecturer, Visual Arts, Department of Creative Arts, UNILAG, Dr..Bolaji Ogunwo; and the Representative of the Permanent Secretary, Lagos State Ministry of Youth and Social Development, Mr.. Idowu Richards, at a World Press Conference to announce the forthcoming World Photography Day Celebration in Lagos recently
L-R: Founding Director, FIFY Technical Services, Mr. Tokunbo Akindele; Director, FIFY Technical Services, Mrs. Kemi Dallas; and Director, FIFY Technical Services, Mr Abiodun Thomas during a media parley hosted by FIFY Technical Services in Lagos…recently
Ogun First Lady, Mrs. Bamidele Abiodun(right) flanked by US based medical team while unveiling the first Endoscopy machine at OOUTH, Sagamu during the annual one week free medical outreach of the team in Ogun State...
Ortom
Ikpeazu
Ugwuanyi

Ferdinand Ekechukwu - 08035011394

Email: ferdi_adthisday@yahoo.com

Ferdinand Ekechukwu
Mary Nnah
Ferdinand Ekechukwu
Shaibu Husseini
Ferdinand Ekechukwu
Tunde Kelani, Yvonne Jegede, and a guest
Tohyeen
Kayode Peters

SHOWBIZFLAIR

Rise, Struggles, Soul and Rhythm that Saved Godbless Ubiebifayen

In the kaleidoscopic world of Nigerian live music, few names carry the weight and warmth of Godbless Ubiebifayen. The charismatic frontman of the famed Eboni Band has spent almost three decades serenading high-profile audiences, yet behind the spotlight lies a story of grit, heartbreak, and redemption. From a childhood ruled by a stern father in Warri to nights spent sleeping under Lagos bridges in pursuit of a dream, Godbless’s journey is anything but ordinary. In this exclusive encounter with Adedayo Adejobi, he opens up about music, marriage, and the woman who tamed the Casanova in him—proving that true rhythm begins at home

It was a sweltering Wednesday afternoon in Lekki Gardens Phase One, Lagos, when I finally pinned down Godbless Ubiebifayen for our interview. The man behind Eboni Band—a Lagos nightlife staple and one of Nigeria’s longest-standing live bands—had just wrapped up rehearsals at his studio tucked behind the bustle of Lekki Phase 1.

The air smelled faintly of amplifiers, stale coffee and the electric pulse of music lived, not just performed. Wearing a simple t-shirt with jeans and loafers, Godbless had the relaxed gait of a man who has nothing left to prove, yet everything to share. “Let’s talk,” he smiled, motioning toward a modest lounge space furnished with a sofa and two mic stands leaning like relics against the wall.

He speaks the way he sings—warm, deliberate, unafraid of pauses.

“Music,” he begins, “was never a decision. It was oxygen.” Born and raised in Warri, Delta State, Godbless likens his childhood to Michael Jackson’s—not in glamour, but in the stifling absence of play.

“My father timed the walk from Kavajina Primary School to our house. If we were even a few minutes late, he’d know. And it meant trouble.” Their afternoons weren’t for football or mischief—they were for markets and multiplication tables.

“My dad bought two stools so we could do our homework at his shop. He ran the house like a barracks. We even called him ‘the General’.”

His mother, on the other hand, was the foil—calm, gentle, with a whip that stung more in gesture than pain.

“Now my children call me General too,” he chuckles, eyes softening. “But I’ve learned. I don’t beat them unless I must. Dialogue is better.” Still,

he admits, the discipline shaped him.

“My dad didn’t understand I was just naïve, not rebellious. But in retrospect, I see his intention: structure. And it worked.”

Godbless is frank about his teenage years. “I was a chronic Casanova,” he says with disarming honesty. “Girls lined up outside school competitions where I sang. I was like the 2Face of our time—smooth, confident, and aware of it.”

At Urhobo College in Warri, he became the school’s music ambassador, winning contests with his honeyed voice while his mates rapped alongside. “I knew the gift I carried. Music opened doors—and hearts.”

As Davido’s Response to Trolls Fuels Social Media Debate

Afrobeats sensation, Davido made headlines again after several posts he made on X (formally Twitter.) It all started on Wednesday, when he shared a thought provoking and controversial post which stated: “Then when niggas get on that timing its bullying ... im on that timing !! Im on that fuck shit all year !! Rubbish .. the good things una no go point out ... YALL CANT SURVIVE ONE DAY IN OUR SHOES ! Nonsense make una leave me oo .. getaaaat!!!”

The post was immediately met with backlash, sparking a wave of criticism and heated reactions online. In response, he dropped additional remarks in an attempt to clarify his stance, but instead, it situation that quickly grew beyond his control. And just like the exchange between Davido and some trolls went on, followers of other artists he frequently gets caught up with took their turns hitting him with comments which he graciously replied.

What truly broke the camel’s back was when a particular account weighed in on Davido’s private jet claims, alleging that the jets he often references are not personally owned but rather belong to his family. The account went further to post a supposed list of individuals entitled to use the jets with Davido’s name included implying that his access is shared and not exclusive.

This particular post met David on a bad note as he replied in a distasteful way saying, “I GIVE YOU 1 hr ... show me ur papa car ...1..2..3 go ! One hour and u go show proof .. paper

most useless child any parent can have... if u no show that car in one hour u be bastard.” back at nearly everyone who trolled him online. Rather than ignoring the comments, he met each one with a direct reply, with responses that only added more fuel to an already heated situation. What could have been a passing moment quickly escalated into a full-blown drama. As the hours went by, the backlash grew even more intense, spiraling beyond control. And just down, he reignited the conversation with yet another post, “ This free this free jet wey i dey

… im sorry its my birth rite … in my next life i go come back as fulcanizer ma binu … 3rd on the way btw .”

University was the expected next step, but Godbless detoured. Though his father hoped he would study music at Obafemi Awolowo University, the young man was drawn instead to the Victor Uwaifo School of Music.

“After Grade 8, I planned to continue to Ife. But Lagos called.”

And call it did. He landed in Ikeja with nothing but a demo tape and dreams. For two weeks, he slept beneath the Ojuelegba and Ikeja bridges.

“That’s why Wizkid’s ‘Ojuelegba’ speaks to me. I lived it.”

Eventually, he was spotted at Ark Studios and taken on as a backup vocalist. That led to gigs with music royalty, including a stint with Onyeka Onwenu, followed by five years as lead singer of the famed Sharp Band. Then in 1998, he founded Eboni Band.

Ask him what it takes to keep a live band going for almost three decades and Godbless doesn’t mince words: “It’s a life sentence.”

“People think forming a band is the hard part. No—it’s sustaining it. Managing egos. Rehearsing. Pleasing clients. Keeping the sound fresh. That’s the real work.”

Eboni Band has played nearly every A-list club in Lagos—Suzy Q, Swe Bar, Jazzville, Thistle bar, New Café, Cielo Lounge, the lot—and for prestigious clients. Their sound blends highlife, hip-hop, reggae, R&B, and jazz—but with a distinct Eboni flavour: humour, class, precision. Godbless’ leadership is the glue. He’s equal parts showman and strategist. a

It’s not hard to imagine Godbless as a preacher. His voice carries the cadence of conviction. “Many of my friends turned pastors. Maybe I will too. I’ve met God, and I’m thankful.” His humility is refreshing in an industry plagued by ego.

When asked about today’s music scene, he

offers measured critique. “There’s money, yes. But no identity. Nigerian songs all sound alike. South Africans, even Jamaicans, have a sound. We don’t—except for people like 2Face, Asa and a few notable youngsters.”

He believes in music with substance. And when not on stage, he listens to slow jazz, gospel, or country. “I’m not a clubber. I’m an introvert. This business forces me into the limelight.”

So what’s next? “I’m planning to open a lounge and restaurant in Lekki. A place where people can eat, hear good music, and maybe catch me performing live.”

A fan once gave him two condoms after a show at Thistle Bar, telling him to use them next time they met. “I wasn’t sure if it was for her or my other girls,” he laughs. “But that ended when I married.”

Another night, a white woman proposed on stage mid-performance. “She thought I was miming ‘The Gambler’ by Kenny Rogers. When I sang it again, acapella, she asked if I was what she came to Africa for”, Godbless simply laughed. “I didn’t take it seriously. But it reminded me how powerful a voice can be.”

As we wrap up, Godbless reclines and stares out at the fading daylight. “If I weren’t doing music,” he says, “I’d be a trader, like my dad. But music is my life. Every time I try other things, it pulls me back.”

He reaches for a bottle of water, takes a sip, and smiles. “A successful band,” he says again, “is a life sentence. But it’s the best kind of imprisonment. Music gave me everything—my wife, my children, my purpose. And I’m still learning. Still singing.”

And with that, Godbless rises and heads back into the studio—where the next verse of his journey waits, humming.

How ALIEN is editing Afrobeats into a Visual History

If you’ve watched a Nigerian music video in the past decade, chances are you’ve witnessed the genius of Adebayo Emmanuel Fakiyesi better known in the creative world as The Alien.

A celebrated Filmaker, Editor and Creative, The Alien is the visual architect behind some of the most iconic imagery in Afrobeats. His instinct for framing emotion, rhythm, and storytelling has placed him in high demand among Africa’s biggest music stars.

With a career that spans nearly a decade, Adebayo has worked with some of the continent’s most celebrated names including Wizkid, Burna Boy, Davido, Teni, Buju, Kizz Daniel, Mohbad, and Odumodublvck.

“I edited almost any big music video you know from around 2016 to 2019,” he reveals.

“From Wizkid’s ‘Soco’ to Burna Boy’s ‘Ye’ and DJ Enimoney’s ‘Diet,’ I’ve been involved in building a lot of what people consider modern Afrobeats visuals.”

But his contribution didn’t stop with editing it evolved into directing some of the genre’s most compelling videos. Among The Alien’s most notable directorial achievements is an impressive portfolio of music videos that have shaped the visual identity of some of Afrobeats’ biggest hits. His standout credits include Twalabam Remix by Burna Boy, TitoM & Yuppe, Lie and Pour Me Water by Kizz Daniel, Pity This Boy by Odumodublvck featuring Victony, and Ask About Me by the late Mohbad. He also directed Kilometer Remix by Buju and Zinoleesky, Moslado by Teni,

and

don’t just follow the music they amplify it. Whether it’s the pulsating energy of a remix or the emotional weight of a street ballad, he ensures the visuals are as memorable as the melody.

Unlike many directors, The Alien is also a seasoned editor and creative director, giving him a rare, multidimensional grip on pacing, storytelling, and emotion. “Every artist has their own world,” he says. “I just try to step into their message visually.”

Tosin Clegg
Tosin Clegg
Mandeman by Smalldoctor featuring Davido, and So Lovely by Buju. With each project, The Alien continues to push creative boundaries, reinforcing his reputation as one of the most visionary directors in the industry.Each release showcases The Alien’s signature blend of raw street authenticity
cinematic elegance. His visuals
Ubiebifayen
Alien
Davido

Adenuga: Golden Eagle and Its Magnificence

Chidiebere Nwobodo

“Great men are like eagles, and build their nest on some lofty solitude.” --- Arthur Schopenhauer

In Igbo etymology, the eagle is revered, adored and celebrated, not because of its nature alone but its larger-thanlife personality. An eagle is a majestic bird famed for beauty, strength, vision, etc. In all its sterling qualities, an eagle’s most stunning virtue is its ability to keep itself out of circulation at will. It soars in the sky at its dictated time, fends for food from a position of advantage and retrieves to cliffs beyond the reach of humans and other animals to hibernate and regenerate. Solitude is the fuel that rekindles an eagle.

Chief Mike Adenuga, Jr., comes to mind. He is not just an eagle but a golden one. His magnificent nature vis-a-vis his reclusive lifestyle needs to be understudied by social scientists. The chairman of Nigeria’s largest indigenous telecom company, Globacom, was in the news recently. He went viral on social media and became an interesting topic in the court of public opinion. He was not launching a new product or company, he grabbed headlines just for being seen in the public first time in a long time. Can you imagine! Just a video of his appearance! Adenuga surprisingly showed up at a mini-birthday party in honour of Bright Igbinedion, held recently at Lekki, Lagos. Like an eagle that is rarely seen, he stole the show. All attention was beamed on him as he casually strode the venue, albeit majestically, exuding an ambience of royalty and reverence. Immediately he entered, it was as if the whole place became electrified. His personality dazzled both the celebrant and the guests, who were held spellbound by the appearance of the golden eagle.

There is an Igbo adage that implies that the eyes that see an eagle should adore and reverence it because it is not seen often. It could be this philosophy behind this adage that elicited a surprised reaction from the public, especially on social media, just because Adenuga, Jr., decided to come down from his mountaintop of abode like an eagle to socialize with the Igbinedion family and guests. There are many adults today who have not had rare privilege of seeing an eagle live, since birth. Everything they got to know about this beautiful creature was either told to them in TV documentaries, they read it in books, or through folklores told by elders during moonlight storytelling. Even as I write, I have not had the opportunity of seeing a live eagle, let alone a golden one. Imagine waking up in the morning, casually opening your door to witness the appearance of this august visitor; a huge eagle with a wingspan of feathers looming over your premises unannounced. What would be your reaction? Shout? Scream? Flabbergasted? Gyrate? Grab your phone to take shots and videos?

Governor Radda’s

Umar Farooq Muhammad

In politics, truth often becomes a casualty of ambition, but in Katsina, Governor Dikko Umaru Radda has chosen the path of honesty over the comfortable lies that become the currency of our political system. Recently, he appeared on Channels Television, where he made bold stands on the country’s burning political issues.

His response to the emerging political coalition separated him from the pack of timid governors who prefer to whisper their thoughts in private rather than speak truth to power. With the boldness of a man who has nothing to hide and everything to prove through his record, he posed questions that every discerning Nigerian should ask: “Who are these people in the coalition? What exactly is new about them?” I considered these surgical strikes at the heart of recycled politics. Those who package old wine in new bottles, and expect the people to celebrate as if they have never tasted wine before.

The coalition that Governor Radda so eloquently challenged consists of familiar faces who have had their turns at various levels of governance—Atiku, Obi, Ameachi, Aregbesola, Mark, El-Rufai, and their associates. Their sudden discovery of patriotism and their newfound concern for the masses would be touching if it were not so transparently opportunistic. These are political entrepreneurs who emerged from comfortable retirements to offer solutions to problems they’ve helped create or failed to solve when they had the chance.

Governor Radda’s challenge to them regarding fuel subsidy funding cuts through their populist rhetoric like a sharp knife through overripe fruit. “If they want to return the fuel subsidy, they should say how they’ll fund it. Where will the money come from?” This is the question that separates serious governance from campaign drama. Anyone can promise the moon; it takes a true leader to show the rocket that will take you there.

There’s a popular saying that the truth is

If you could do this for an eagle, imagine for a minute what you would do if it were to be the golden eagle himself, Adenuga, the spirit of Africa! The bull that ignites the bull run wherever he shows up; be it in the telecom industry, oil and gas sector, the construction world, real estate, etc. I bet you will be starstruck for a minute before it dawns on you that you need to quickly take many photos and videos before the golden eagle spreads its 9.3-feet wingspan and ascends back into the sky, soaring on an altitude beyond reach en route its fortress, Adenuga Villa, in the exquisite Banana Island. So, it was not a surprise that a video of his recent appearance at a high-class birthday party created such buzz in the media. It was a rare opportunity, especially for

younger generations of Nigerians on social media, to grasp what Adenuga looks like. On X ( Twitter), @Mautii01 wrote: “First time I’ll be seeing a video of Mike Adenuga in a very very long time.” While X (Twitter) was buzzing, I opened my Facebook only to discover that the viral video was already trending on Mark Zuckerberg’s app.

Adamu Shiroro posted: “Mike Adenuga has mastered the art of making his appearance rare and valued.” Ejike Awgu followed with his comment: “I have heard a lot about Mike Adenuga, this is my first time experiencing what he looks like in a live video.” Jonah Shagba wrote on Instagram: “Like the big masquerade, Mike Adenuga’s appearance takes even the most curious unaware.” Tiktok was not left out. Somto Eze reacted: “I am in my early 30s, this is the first time I am seeing Adenuga in a video casually exchanging pleasantries with some people in public.”.

Ace comedian, Seyi Law, crowned it on X by reminding Nigerians of the philanthropic virtue of this mythical golden eagle that dazzles: “This is the man that God used to make my COVID year look like a paid luxury holiday. God in everything, please prolong the life of Otunba (Dr.) Mike Adenuga. May anything that concerns him not spoil in his lifetime and even when he is gone.” While I say amen to the prayers of Seyi Law, I want to reiterate that Adenuga’s biggest philanthropic gesture to all Nigerians, including those unborn, was liberalising telecom industry in the country.

If not what he did with Globacom, by breaking duopoly of legacy mobile operators, many Nigerians would not have had the opportunity of owing mobile lines today. We would still be charged using per a minute billing system. Before Globacom came into telecom industry, foreign legacy operators exploitated Nigerians through high cost of SIM cards and per minute billing system. They insisted that cheaper mobile phone lines and per second billing system were not possible.

When Dr. Mike Adenuga, Jr., entered the fray via Globacom Limited, prices of phone lines were crashed. Nigerians who could not afford to own a mobile lines became proud owners of GSM lines. The Bull, as he is fondly referred to, ignited a bullish run in the telecom sector; the type of stiff competition never seen in any industry of the nation’s economy.

While Dr. Mike Adenuga, Jr., was shaking telecom industry, he remained true to his reclusive lifestyle. You could feel his actions without seeing him. He does not yearn for spotlight, rather it is the other way round; spotlight looks for him. The more his midas touch is experienced in the economy; the more invincible he became. Like big whale that moves beneath the ocean, you could see the waves he is generating but he is rarely seen. Like the proverbial mystical phoenix bird, no wonder he makes news anytime he shows up.

Nwobodo wrote in from Abuja

Challenge to New Political Coalition

bitter. And I am sure Radda has told the truth and asked sincere questions. This prompted the reaction of the opposition to his truthful observations about their coalition.

The questions that reveal the poverty of their political strategy. Like children caught in mischief who can only respond with tantrums when confronted with evidence of their wrongdoing, they have chosen to attack the messenger rather than address the message. Their inability to provide substantive responses to his questions about funding mechanisms for their grand promises exposes the shallow nature of their political project.

It is no coincidence that Governor Radda stands alone among his peers in having the courage to speak truth to the coalition’s power. While others calculate political risks and measure their words on the scales of electoral arithmetic, this governor has chosen to be guided by the compass of honesty.

His willingness to challenge recycled narratives and demand accountability from those who seek to return to power brings him close to the circle of a few leaders who prioritise national interest over personal political safety. But Governor Radda’s political boldness is matched only by his administrative excellence. Like the wise elder who refuses to sugarcoat bitter medicine for a sick child, he acknowledged what many of his contemporaries dare not admit: Nigeria’s economic challenges are real, painful, and deeply felt by the common man. However, where others see only problems to exploit for political gain, he sees opportunities for genuine solutions. He reminds us that economic hardship has been Nigeria’s unwelcome companion across administrations—from the military era through civilian rule. Shagari, Obasanjo, Jonathan, Buhari and present.

In Katsina, where agriculture remains the backbone of livelihood for ninety percent of the population, Governor Radda administration inaugurated different interventions, provided access to tractors, and scaled up extension services. When a man can feed his family, his dignity remains intact, and from dignity springs

the strength to build a better future. This is a Governor that knows how to address people’s sufferings.

He also has an innovative approach to youth empowerment—a six-month training program that birth new employers of labour was organized. This is the kind of forward-thinking leadership that turns the demographic challenge of youth unemployment into a demographic dividend of productive citizens.

In healthcare, Governor Radda matched infrastructure development with human capacity building and world-class equipment. Recruitment of doctors, training of personnel and of course ambitions to engage over 10,000 health workers across the state are not a child’s play. It’s a systematic development that will create sustainable change rather than temporary fixes.

The governor’s decision to send 40 students to Egypt to study medicine, with the condition that they return to serve their local governments, is particularly ingenious. It addresses the brain drain that has plagued Nigeria, then allows rural communities to benefit from quality healthcare. This is a patriotic investment in human capital that will pay dividends for generations.

These tangible achievements have sent the opposition in Katsina to a political extinction. They now find themselves confronting a governor whose record speaks louder than their promises. The people of Katsina have tasted the fruits of purposeful leadership, and no amount of political rhetoric can erase the memory of improved livelihoods.

Governor Radda’s invitation to the media and the public to visit Katsina and witness his administration’s work firsthand is the ultimate expression of confidence in one’s record. It is the challenge of a leader who has nothing to hide and everything to show. In a political environment where many leaders avoid scrutiny like vampires avoid sunlight, this governor opens his doors and invites inspection.

As Nigeria approaches another electoral

Radda cycle, the contrast between Governor Radda’s record-based leadership and the opposition’s promise-based politics becomes increasingly stark. While the coalition members engage in political theater and attempt to rewrite history to suit their current narrative, Governor Radda continues the patient work of building institutions and empowering people. When leaders deliver on their promises and improve the lives of their people, electoral support follows naturally.

Adenuga

POLITICS

2027: Can ADC Repeat APC’s Feat of 2015?

The 2027 presidential election is not going to be a smooth ride for the All Progressives Congress (APC) after all, as the anti-Tinubu coalition recently adopted the African Democratic Congress (ADC) as their preferred platform to realise their plan, Adedayo Akinwale reports

For far too long, Nigerians, as well as political actors, have decried that the lack of a formidable opposition party that would pose a serious challenge and threat to the ruling All Progressives Congress (APC) was not healthy for the country’s democracy.

But if the internal crisis that plagued the Peoples Democratic Party (PDP) and the Labour Party (LP) were anything to go by, then the reasons for their concerns were nothing but genuine.

Also, the recent gale of defections by some National Assembly members, Governors, council chairmen and chieftains of opposition from the PDP and LP to the APC initially killed any hope of having a strong opposition party to challenge the ruling ahead of the 2027 elections.

Though while all these were going on, the opposition leaders continued strategising on how best to take the battle to the governing party.

Right from the onset, the opposition leaders agreed that adopting the PDP was never an option. Nevertheless, all cards were put on the table, whether to adopt an existing party or float a new party altogether. The parties considered for adoption were the Social Democratic Party (SDP) and the African Democratic Congress (ADC).

But the once docile opposition coalition pulled a stunt recently by adopting ADC as the preferred platform by the opposition coalition to wrest power from President Bola Tinubu and the APC. It was also brought to the fore that the initial defection of the former Governor of Kaduna state, Mallam Nasir El-Rufai to SDP was part of the plan to confuse the ruling party so that the political talks with the leadership of ADC were not thwarted by APC.

Prior to the unveiling of ADC, the coalition led by former Vice President Atiku Abubakar sold a dummy to the ruling party by submitting a letter of intent to the Independent National Electoral Commission (INEC) to register the All Democratic Alliance (ADA). While that was going on, the opposition coalition was perfecting its agreement with the leadership of ADC, led by Ralph Nwosu.

However, Tinubu, being a strong member of the coalition in 2013 that later metamorphosed into APC, pressed a panic button by forcing the former National Chairman of APC, Dr. Abdullahi Ganduje to resign his position.

Nevertheless, the decision of the President to sacrifice Ganduje to thwart the threat posed

by the Atiku-led coalition amounted to nut with the coalition growing stronger by the day since its unveiling.

Be that as it may, the ruling APC would be doing a lot of harm to itself if it chooses to dismiss the political heavy weight that have joined forces together and chosen the ADC as their party of choice.

With the grand entrants of ADC as a formidable political party ahead of the 2027 elections, the ruling party has been enveloped by doubts and fear. The reason, many say, may not be unconnected with the economic policies of the current administration that have forced more people into the pool of poverty and created hardship in the land.

Without being dishonest, while it may be tough at the moment, Tinubu’s economic policies are actually laying the foundation for future growth. In the same vein, whatever policy Tinubu is currently implementing was all contained in his Renewed Hope Agenda, which he campaigned with.

As it stands, in the coming days, weeks, or months, more high-profile politicians and even governors are expected to join the train of ADC, the newest bride in Nigeria’s political arena.

Interestingly, while the former President of the Senate, David Mark emerged as the protem chairman, one of Tinubu’s former boys and former Minister of Interior, Rauf Aregbesola emerged as the National Secretary. Aregbesola, whose political career has been floating and grasping for breath has now been revived with this new appointment.

Speaking at the event, Mark raised the alarm that the labour of the country’s heroes was under vicious attack and the country faces mortal danger. Against this background, he said the coalition was meant for all Nigerians who share in their belief that everyone — the young and the old, man and woman, rich and poor, living with disabilities or not, town dwellers or villagers, to save our country.

He emphasised that the coalition was also meant for all suffering Nigerians who are finding it increasingly difficult to make ends meet; for whom the next meal is not guaranteed, and to all the citizens who believe that Nigeria’s democracy is worth fighting for, this coalition is for you.

Expectedly, while some analysts believe that if the ADC is serious about wresting power from Tinubu in 2027, the opposition party should consider an Atiku and Peter Obi joint ticket. But supporters of Obi are

not willing to accept that. They strongly believe that with the current zoning arrangement in the country, Obi should be supported by Atiku to contest against Tinubu in 2027.

During the 2023 elections, all the traditional strongholds of the PDP were won by Obi, who has an army of youths in the ‘Obidients Movement’ championing his campaign. Also, with the coming together of political forces, Atiku, a veteran in the game and with a strong grip on states in the North will complement Obi’s stronghold on the South and parts of the North Central.

Speaking with THISDAY, a Legislative Consultant in Abuja, Mr. Akinloye Oyeniyi, was of the view that in every political calculation, a stiff opposition such as ADC, would actually pose a significant threat to the ruling party.

He said: “We all know in the Nigerian democratic setting, power can only be taken through political parties. So, no matter how whirlwind an opposition is, if such does not have a sure political footing, it will end up being a waste of chase.

“We have seen how the SDP was initially touted, the ADA, and eventually the Ralph Nwosu faction of ADC. Then what followed was the entire leadership of that faction resigning to the now David Mark-led leadership.

“Apart from the Nwosu-led NWC not having a sure footing due to the litigation upon its neck, the abrupt change of the party leadership is total contravention of the Electoral Act and INEC Guidelines. The law is that any convention, Congress or meeting where a political party would be appointing or electing an officer, shall have a 21-days notice to INEC. But in this stance, that was not the case. The implication is that whatever is being done in that party is unknown to law. I do not think so.”

Oyeniyi feared that the potency of the Atiku-Obi ticket expired in 2023, adding that in 2027, if Obi is not put forward as the presidential candidate, his Obedient Movement might withdraw their support.

“The 2027 dynamics are different from those of 2023. The Christian middle belt that were afraid of Muslim/Muslim in 2023, the current political patronage spread of the entire Northern ethnic groups, unlike before, PDP not being part of the coalition and other factors are what will shape the 2027 outcome” he posited.

In his submission, the running mate to Obi in the 2023 elections, Datti BabaAhmed, while featuring on ARISE News

Channel, said that while he has not left the Labour Party, he was already considering joining the coalition.

He, however, feared that the coalition was playing the same game Tinubu played in 2013, that subsequently led to the emergence of Muhammadu Buhari as the President in 2015. He was quick to add that while Buhari was the distant Messiah in the political chess of 2015, the ADC coalition perfectly lacks that and as such the primary election would be tight and close. His words: “I have not left Labour Party. I am considering the coalition who have adopted ADC right now. Don’t consume the excitement, and don’t be consumed by the excitement. It’s all about excitement, understandably so, because Nigerians are depressed as much as they are oppressed. So this excitement can easily consume everyone.

“The opposition is right in all that it is doing. I agree wholeheartedly in coming together, the principles behind it, the objectives of it, are all correct, but you’re also playing somebody else’s game. This game is Tinubu’s game, and I’m not praising him in any way whatsoever. But everyone must understand the situation as it were. President Buhari, after losing the third time, cried to the world that he’s done with politics. And that’s when it began. Tinubu saw the opportunity, brought him back into the fold, added the South West and the Tinubu influences to his existing 12 million votes.

“The coalition now is playing the scripts of Tinubu. I believe in the coalition, don’t get me wrong, but you don’t have to play the game the way he did. There are structural misgivings in the coalition, as it were today. Buhari was the distant anointed. This opposition does not have a distant anointed. So there will be a very close gap, and so there will be a very tight struggle, possibly, not so clean primaries.”

Meanwhile, the Presidency last Thursday described the newly-formed opposition coalition under the ADC as a hollow alliance of disgruntled politicians, warning that the group poses a threat to Nigeria’s democratic progress and stability.

The Presidency described the promoters as political “desperados” driven not by ideology or national interest but by personal ambition and bitterness towards President Bola Ahmed Tinubu.

In all, the Atiku-Obi joint ticket is the best shot the ADC could fire that may likely put the back of Tinubu and APC on the ground in 2027.

Mark Aregbesola

THE CHUMMIES

AUTO WORLD

Jetour Boosts SUV Lineup with X50

Jetour Nigeria, an emerging luxury auto brand company in the country, has boost its model lineup with the introduction of new models, among them is the exquisite X50.

Jetour X50, which is entering comes with very attractive safety and to resist.

Amongst the security features are the driver, passenger and seat airbags, which provide all round protection for driver and passengers while on transit.

Jetour, known for producing luxury and safety-conscious vehicles, has also included in the X50, the Vehicle Stability Control System, Electronic Parking Brake and the Auto Hold System, enabling the car to maintain stability and making it more

The 360° Surrounding Camera Option and Parking Sensors, ensures that the driver is in complete control of his surrounding while inside the car, even as the Parking Sensors facilitate easier parking.

As a driver of the Jetour X50, you need not worry about blind spots, as the Blind Spot Detection (BSD) takes this worry away. The also ensure that your safety is enhanced.

Kojo Motors Limited has emerged the winner of the Toyota Nigeria Limited football competition organised for Toyota vehicle dealers in the country.

Kojo Motors beat Elizade at the Meadow Football pitch in Lekki, Lagos last Saturday.

will be winning the coveted trophy in the com-

Motors Limited edged out R.T. Briscoe Plc’s team while Elizade Nigeria defeated Germaine’s team. N3 million, second position team, Elizade Nigeria went home with N2 million, while the third place winner received N1.5 million.

The trophy was handed over to the fastexpanding and frontline Toyota dealer in Nigeria by the Chairman of Toyota Nigeria Limited Chief Michael Ade-Ojo, assisted by the Managing Director Kunle Ade-Ojo.

Handing over the Trophy to the team, in the presence of visibly excited Ikenna Oguegbu, founder/chairman of Kojo Motors Limited, Chief Michael Ade-Ojo congratulated the team for their victory while calling on other teams to work hard in subsequent editions of the competition.

In his own remarks, Kunle Ade-Ojo, described the annual event as a corporate strategy put in

Other safety features in the SUV includes the Auto Lockout System, Automatic Door Lock, Power Window, Alarm System, amongst others.

In order to enhance convenience while taking a ride on the Jetour X50, a compatible 18-inch rim tyre, as well as a Smart Entry and Push Start button have been provided.

No monotony with the SUV as you always have varieties as provided in the Drive Modes Selector (Eco, Normal and Sport), and an additional Cruise Control feature.

A 10.5-inch Display Audio, Phone Mirror, Voice Command, Bluetooth, Apple Car Play/ Android Auto, Wireless Charger are also embedded in the compact SUV.

Other features include Electric Sunroof Option, Auto Air conditioner with Rear Vent, Auto Fold Outside Rear View Mirror, Power Driver Seat, Leather Seat, 6 Speakers, Led Fog Lamp etc.

The Jetour X50 is powered by a 4-cylinder, 1.5 Litre Turbo Engine, delivering more power of 115kW Output and 230Nw Torque with less fuel. This is complemented by the Dual Clutch Transmission system.

This 5-Seater vehicle comes with an impressive aerodynamic body with dimensions of 4397 mm in length, 1841 mm in width and 1652 mm in height.

Jetour focuses on creating SUVs that

seekers.

The brand name, “Jetour,” translates to “convenient travel” in Chinese. Jetour has established its reputation, particularly in

Limited; and Captain of Kojo Motors Football Club, Marcel Amaeshi, during the presentation of the Toyota Nigeria Ltd Inter-Dealer Football Competition Trophy to Kojo Motors in Lagos… recently

by the Toyota brand franchisee to encourage inter-dealer bonding among the local distributors,

The TNL managing director commended the that participated in the competition, saying that

in any competition, there will always be losers and winners.

competition and eventually lifted the Toyota Cup, Stephen Ehiedu, team manager of Kojo Motors, said victory was achieved through hard

the SUV and crossover market. vehicle with solid after-sales services, offering genuine spare parts and dedicated technical back-up.

work and discipline of the players throughout the period the competition lasted.

“Management of Kojo Motors ensured that all cash allowances were paid and other necessary incentives made available during the training and match days.

the competition as very tough, the team manager disclosed that during the group stage, Kojo won Motors and Germaine Motors 7-0 and 1-0, respectively, lost to Omoregie Motors, but still topped group B.

“Despite injury concerns on the bumpy travel to the hard earned victory, our players fought R. T. Briscoe Plc on penalty shootouts after the game ended 1-1.

Responding on chances of Kojo Motors winning the Toyota Cup, Stephen Ehiedu described all the participating teams as very strong.

“However, the squad we selected this time gave us the convincing assurance, that it’s doable. When you watch the game, you’ll have no doubt that they are capable of lifting the trophy.”

Ehiedu regretted that during the last competition in 2019 before it was suspended as a result of the pandemic, Kojo Motors team lost the third placed. that period, I was optimistic of getting to the that time Adeyemi Agbomabinwon was injured and that was the end.”

Kojo Motors Wins 2025 Toyota Nigeria lnter-dealer Soccer Trophy Electric

Spiro, a pioneering Pan-African electric mobility company driving sustainable transportation across the continent, has been selected for the prestigious 2025 Regional Platforms for Climate Projects (RPCP) Pipeline.

The RPCP is an initiative under the leadership of the High-Level Champions, designed to mobilise capital for climate ventures and projects across developing countries and emerging markets. This distinguished recognition highlights Spiro’s position as a leading climate leader, delivering cutting-edge, high-impact solutions that accelerate Africa’s transition to a low-carbon, sustainable future.

Founded in 2022, Spiro operates a vertically integrated platform that scales electric two-wheel mobility across eight African countries: Benin, Togo, Nigeria, Kenya, Uganda, Rwanda, Cameroon, and Tanzania.

The company’s comprehensive business model encompasses four key revenue streams: electric bike sales through distribution partners

supported by a rapidly expanding network of via licensing and analytics.

To date, Spiro has deployed over 35,000 electric motorbikes and facilitated more than 20 million battery swaps, enabling over 500 million approximately 30,000 tons of carbon emissions.

Beyond its environmental impact, Spiro is The company has created over 1000 direct and indirect manufacturing jobs across its facilities in Kenya, Uganda, Rwanda, and Nigeria, with women representing more than 40% of the workforce. Additionally, the Spiro Academy plays a pivotal role in training and upskilling local talent, supporting transitions into mediumand high-skilled employment opportunities.

Financially, Spiro’s growth has been robust, generating USD23 million in revenue in 2024 and projecting a tenfold increase to USD 200 million in 2025. To support its ambitious expansion plans, Spiro is currently raising USD 50 million in Series.

Jetour X50
Spiro electric motorbike
L-R: Team Manager, Stephen Ehiedu; Founder/Chairman, Ikenna Oguegbu; Executive Director, Mary Oguegbu, all of Kojo Motors

BACKPAGE CONTINUATION

TOWARDS STRONGER, MORE RESILIENT BANKING SECTOR

measures must give way to sound, forward-looking prudential regulation. That is exactly what the CBN is now doing.

By compelling banks to prepare detailed capital restoration plans, the CBN is sending a clear message that capital buffers must be real, risk-based, and aligned with long-term business models. These plans are not mere paperwork. They are expected to outline how each bank will restore or maintain full compliance with regulatory capital requirements.

This includes concrete measures like cost optimisation initiatives, risk asset reduction, significant risk transfers, business model adjustments, provisioning status and reconciliation of affected credit exposures, capital adequacy ratio (CAR) calculations with and without transitional reliefs, classification migration data for restructured or impacted loan facilities, full disclosure of Additional Tier 1 (AT1) instruments, including issuance terms and usage and refinements in longer-term business models. In short, banks must demonstrate a clear, feasible roadmap to capital adequacy.

professionals, etc. This position must be one of great trust because land disputes are a major source of communal fights in the Southeast, Nigeria’s smallest geopolitical zone by land mass. Some land cases from the Southeast have lasted in courts for up to 100 years, with most getting to the Supreme Court.

Four days to the widow’s distress call, Nnaji was in Abuja to attend the 25th anniversary of the African Export-Import (AfriExim) Bank where he was on the panel of experts that included former President Olusegun Obasanjo to discuss the strategies for Africa’s rapid development. He has a more than a passing interest in AfriExim Bank affairs. The continental bank provided the $50m facility used to resuscitate and complete the $800m Aba Independent Power Project by Geometric Power, a company he founded and leads as the chairman. The Aba project is today the biggest single investment in the Southeast and Nigeria’s foremost power integrated power project. Whereas Sahara Energy owns both the Egbin Power generation company in Lagos and the Ikeja Electricity Distribution Company, the power it produces from Egbin is supplied to the national grid, unlike in Aba where electricity generated from the Geometric Power Plant in Aba is used in the Aba Ring-fenced Area comprising nine of the 19 LGAs in Abia State.

The fact that Nnaji can immerse himself in very local matters and at the same be a most respected player in Africa and beyond—he brought Jeff Immelt, then the CEO of General Electric which was the world’s most capitalized and admired firm, to Nigeria in 2012, his first and only visit to Africa—is a rare attribute. Following a study that spanned 25 years involving thousands of participants, David Rooke of Harthill Consulting in England and William R. Torbert, a leadership professor

This is a welcome development with broad and lasting benefits as it enhances transparency and accountability within the sector. With this, financial institutions are now under pressure to regularly assess their capital positions and justify their strategic actions in documented plans submitted quarterly. This creates a culture of continuous self-evaluation, internal control, and proactive risk management.

Equally, the directive by the central bank will help promote financial system stability because with a consistent cycle of capital planning, banks will be better prepared to absorb shocks, whether from macroeconomic pressures, sectoral downturns, or unexpected credit events.

A well-capitalised banking system is the bedrock of a stable economy. It ensures that banks remain solvent, liquid, and capable of extending credit, even in turbulent times.

Similarly, it fosters market discipline as it will enable investors, depositors, and other stakeholders to gain greater confidence knowing that Nigerian banks are under strict regulatory watch and are constantly required to update their plans for capital adequacy. This can

help lower risk premiums in the system and deepen market participation.

Additionally, the CBN’s insistence on including cost-cutting and asset quality improvements will help ensure greater operational efficiency across the banking industry as operators will be motivated to focus on managing their balance sheets more prudently, tighten credit standards, and improve loan recovery mechanisms.

Finally, the directive by the apex bank shows proactiveness on the part of the regulator, who, instead of waiting for a crisis before it acts, is taking preventive steps. Early detection and resolution of capital inadequacy problems can significantly reduce the cost of banking crises, both for the public and private sectors. In the broader economic context, this policy is likely to contribute to credit market stability.

The directive dovetails neatly with other reform efforts under the current CBN leadership aimed at rebuilding trust, improving corporate governance, and restoring macrofinancial discipline. The capital plan requirement is not an isolated tool; it complements broader monetary and

supervisory policies to ensure that Nigeria’s banking system remains competitive, robust, and aligned with international best practices.

We must commend the CBN Governor, Olayemi Cardoso, for maintaining his stance on orthodox monetary policy, which has increased transparency in the apex bank’s operation. This was evident in its consolidated and separate financial statements for the year ended December 2024, which was positive. Investors, both local and foreign, require predictability and fairness, a path Cardoso has chosen to follow.

Therefore, the CBN’s directive is a timely, positive, and strategic measure that aligns with global regulatory norms and Nigeria’s development priorities. It is a vital step in transitioning from emergency-era banking support to a more robust, rules-based financial system. If diligently implemented and monitored, it will go a long way in restoring investor confidence, strengthening institutional discipline, and ultimately fostering a safer, sounder, and more inclusive banking sector for all Nigerians.

emeritus at Boston College, a leading Jesuit university in the United States, developed the theoretical framework of seven leadership action logics, the most effective of which is called the alchemist action logic. Alchemists handle contrasts seamlessly, and very few people in the world can do it. In a well-anthologized article published in Harvard Business Review of April 2005, the authors described the alchemist as a person “with an extraordinary capacity to deal simultaneously with many situations at multiple levels. The alchemist can talk with both kings and commoners. He can deal with immediate priorities yet never lose sight of long-term goals”.

In this essay, which Harvard Business Review editors selected in 2011 as one of the best 10 articles on leadership ever published in the journal, Rooke and Torbert were able to identify only six alchemists in the 25-year research, the most

prominent being Nelson Mandela. Only Mandela could attend the World Rugby competition and wear the Springboks cap and shirt, a symbol of Apartheid South Africa. Before anyone could wonder if he had sold out, President Mandela raised his clinched fists and raised them to the crowd, symbolizing Blacks’ resistance to racism and oppression. Rooke and Torbert quote Tokyo Sexwale, a top ANC activist as observing “only Mandela could wear an enemy jersey. Only Mandela would go down there and be associated with the Springboks… All the years in the underground, in the trenches, denial, self-denial, away from home, prison, it was worth it. That’s all we wanted to see”.

Nnaji represents not so much contrasts as a tapestry. It was once widely thought that excellent sports people wouldn’t do well

academically. He excelled in both at the national level, enabling him to win a full-funded scholarship to the United States where he also set a record in both areas. It is still believed in some quarters that scientists are crazy people, or wacko professors as the late President George Bush called them, but Nnaji is thoroughly organized, cultured, humane and socially engaged. It is widely thought that scholars can’t be successful businessmen, but Nnaji is now an internationally recognized entrepreneur. On his 69th birthday today, Sunday, July 13, we say to a truly outstanding African who long ago was decorated with the World Bank/IMF African Scientist of the Year Award: Ad multus annos.

•Adinuba is a former Commissioner for Information & Public Enlightenment, Anambra State.

BART NNAJI: AN ALCHEMIST AT 69
Bart Nnaji

CBN: Expanding Nigeria’s Payment Frontiers with Naira Cards Use Abroad

In recent years, the Central Bank of Nigeria (CBN has implemented difficult reforms to tackle longstanding obstacles weighing on price and exchange rate stability. The reforms are not only beginning to show positive results, but have triggered a rise in international reserves, improved access to forex in the official market, a dip in inflation figures, and reignited use of naira cards for international transactions. For many analysts, Nigeria’s potential is huge and continued success requires collaborative implementation mechanisms by monetary and fiscal authorities.

Before now, one of the biggest challenges facing the Nigerian economy was limited access to forex.

That challenge meant that businesses and travelers had to turn to the parallel FX market to surge for funds and in the process created arbitrage that opened the doorway for FX speculation to thrive.

In response, the Central Bank of Nigeria (CBN) embarked on a series of bold reforms to attract more foreign capital to the economy, achieve price and exchange rate stability.

In 2023, the new administration and the CBN-led by its Governor, Olayemi Cardoso, liberalised the foreign exchange market, stopped central bank financing of the fiscal deficit, and reformed fuel subsidies. The government also strengthened revenue collection and took strategic steps to reduce the surging inflation rate. Since these reforms were implemented, international reserves have increased, and anyone can now access foreign exchange in the official market.

Nigeria successfully returned to international capital markets last December and was recently upgraded by rating agencies. A new domestic, private refinery is positioning Nigeria up the value chain in a fully deregulated market.

Naira Cards Resume International Usage

With rising dollar liquidity, Nigerian banks have lifted over three years moratorium on the use of naira-funded debit cards abroad as dollar liquidity rises. Three Tier-1 banks and mid-tier bank, United Bank for Africa (UBA) Plc, FirstBank, GTBank and Wema Bank Plc respectively, have announced the resumption of international transactions on their naira debit cards.

The development comes about three years after many banks suspended international transactions on naira debit cards or dip in dollar liquidity, forcing many local lenders to restrict transactions of local cards abroad. Transactions are however, allowed for dollar-funded cards, usually linked to cardholders’ domiciliary accounts.

In recent months, analysis of FX inflows in the last few months showed that Nigeria attracted $5.96 billion monthly inflows from May 2025 till date. Industry report showed that Nigeria’s foreign exchange market witnessed a significant boost in May, with total inflows rising by 62.0 per cent month-on-month (M-o-M) to $5.96 billion, driven largely by increased participation from domestic and foreign investors.

This marked one of the highest inflow level in recent months and signals improving market sentiment amid macroeconomic reforms and a relatively stable naira.

In emailed note to investors, analysts at Financial Derivatives Company Limited attributed rising FX inflows to surge in oil prices and multiple inflow channels created by the Central Bank of Nigeria.

The CBN has in recent months, activated multiple FX sources to increase dollar inflows, boost dollar access to manufacturers and retail end users and support naira recovery across markets.

From moves to improve diaspora remittances through new product development, the granting licenses to new International Money Transfer Operators (IMTOs), implementing a willing buyer-willing seller FX model, and enabling timely access to naira liquidity for IMTOs, the apex bank has simplified dollar-inflow channels for authorized dealers and other players in the value chain.

In a notice to customers, the UBA said the resumption aligns with its continued commitment to providing clients with seamless and enhanced banking experiences.

“In line with our continued commitment to providing you with seamless and enhanced banking experiences, we are pleased to inform you that all UBA Premium Naira Cards, including Gold, Platinum, and World variants are now enabled for international transactions,” the bank said.

“This means you can now use your Premium Naira Card for everyday payments, online shopping, POS, and ATM transactions across the world, with more ease and flexibility.

“If you haven’t used your card recently, now’s a great time to rediscover the convenience and prestige that comes with being a UBA premium cardholder.

Also announcing the development in a recent statement, Wema Bank said customers can now “pay in dollars” with

their naira cards.

“Your Wema Naira Mastercard just went global! Now you can pay in dollars on all your favourite international platforms; Amazon, eBay, AliExpress? Netflix, Spotify, YouTube,” the bank said.

In emailed note to customers, FirstBank said its Naira Mastercard can now be used for international transactions. “Shop online or spend up to $500 every month on your preferred channel seamlessly,” the bank said.

Guaranty Trust Bank pegged its quarterly transaction limits across different channels at $1,000 for online and PoS transactions while ATM transactions are limited to $500.

The banks had earlier announced the resumption of international transactions on their naira debit cards.

In a report, head of financial institutions ratings at Agusto & Co, Ayokunle Olubunmi, said the improved liquidity in the foreign exchange (FX) market supported banks’ decision to reactivate their naira cards for global transactions.

“The moderating premium on the parallel market transactions and the reduced arbitrage opportunities is also responsible for the decision,” he said.

Records showed that many banks, including Stanbic IBTC Bank, United Bank for Africa, Access Bank, Standard Chartered Bank Nigeria, GTBank among others have at some point, reviewed international spending limit on naira cards, while at other times, suspended transactions on such cards, unless they are linked to dollar-funded domiciliary accounts.

Analysts said that by allowing travelers use their nairacards abroad, the banks are making it easy for cardholders to pay their hotel bills, make reservations and carry out other transactions using their debit cards.

FX Reserves Rises

Olayemi Cardoso-led Central Bank of Nigeria (CBN) recently announced quantum leap in the net FX reserve position at $23.11 billion at the end of last year.

Cardoso had upon assuming office in October 2023, prioritized reforms to rebuild Nigeria’s economic buffers and strengthen resilience. In the foreign exchange market, the apex bank faced a backlog of over $7 billion in unfulfilled commitments and a fragmented FX regime characterized by multiple forex rates, which had encouraged arbitrage opportunities. This regime stifled much needed foreign investment, and led to the depletion of our external reserves which fell to $33.22 billion in December 2023.

“Over the past year, we have undertaken critical reforms to unify Nigeria’s exchange rate, eliminating distortions and restoring transparency. This unification has enabled us to clear the outstanding foreign exchange obligations, giving businesses—

ranging from manufacturers to airlines—the confidence to plan and invest in the future. To further enhance the functionality of the foreign exchange market, we are introducing an electronic FX matching system, which has proven effective in other markets,” Cardoso said.

According to the apex bank data, NFER stood at $23.11 billion, the highest level in over three years, a marked increase from $3.99 billion at year-end 2023, $8.19 billion in 2022, and $14.59 billion in 2021.

The NFER, which adjusts gross reserves to account for near-term liabilities such as FX swaps and forward contracts, is widely regarded as a more accurate indicator of the foreign exchange buffers available to meet immediate external obligations. Gross external reserves also increased to $40.19 billion, compared to $33.22 billion at the close of 2023.

The increase in reserves reflects a combination of strategic measures undertaken by the CBN, including a deliberate and substantial reduction in short-term foreign exchange liabilities – notably swaps and forward obligations.

The strengthening was also spurred by policy actions to rebuild confidence in the FX market and increase reserve buffers, along with recent improved foreign exchange inflows – particularly from non-oil sources.

The result is a stronger and more transparent reserves position that better equips Nigeria to withstand external shocks. The expansion occurred even as the CBN continues to reduce short-term liabilities, thereby improving the overall quality of the reserve position.

“This improvement in our net reserves is not accidental; it is the outcome of deliberate policy choices aimed at rebuilding confidence, reducing vulnerabilities, and laying the foundation for long-term stability,” Cardoso, commented.

“We remain focused on sustaining this progress through transparency, discipline, and market-driven reforms.” Reserves have continued to strengthen in 2025. While the first quarter figures reflected some seasonal and transitional adjustments, including significant interest payments on foreign-denominated debt, underlying fundamentals remain intact, and reserves are expected to continue improving over the second quarter of this year.

Going forward, the CBN anticipates a steady uptick in reserves, underpinned by improved oil production levels, and a more supporting export growth environment expected to boost non-oil FX earnings and diversify external inflows. The CBN remains committed to prudent reserve management, transparent reporting, and macroeconomic policies that support a stable exchange rate, attract investment, and build long-term resilience.

More FX Sources Bolster Inflows

Foreign capital inflows to the domestic economy remains crucial elements in the drive to achieve monetary and fiscal policy stability.

The apex bank is cultivating more sources of FX to increase dollar inflows, boost access to manufacturers and retail end users. From moves to boost diaspora remittances through new product development, the granting licenses to new International Money Transfer Operators (IMTOs), implementing a willing buyerwilling seller FX model, and enabling timely access to naira liquidity for IMTOs, the CBN has simplified dollar-inflow channels for FX dealers to boost business and economic growth.

President, Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said the policy shifts showed the level of creativity, policy and hard work the Cardoso puts in ensuring that more forex flows into the economy and remain accessible to businesses.

He said diaspora remittances to Nigeria, estimated at $23 billion annually remain a reliable source of forex to the domestic economy. There are also other sources and policies that are being explored by the apex bank to keep dollar inflows coming.

Way Forward

In emailed report, the IMF’s mission chief to Nigeria and an assistant director in the IMF’s African Department, Axel Schimmelpfennig disclosed that to address these challenges, Nigeria needs stronger and more sustained growth to lift millions of people out of poverty and food insecurity, which is what the authorities are focusing on.

“This does not happen overnight. In the meantime, making growth more inclusive also requires scaling up the existing cash transfer system. Second, as an essential ingredient for economic development, Nigeria needs an effective budget framework. Delivering effective investments in people and infrastructure requires realistic budget assumptions, strong expenditure management, and transparent implementation and reporting—which, in turn, can strengthen accountability. For its part, monetary policy should continue to decisively tackle inflation and reduce economic uncertainty,” he said.

Cardoso

Lion in RAMS’ Park

Aftertheendofayear’sloanspellwithGalatasaray,SuperEaglesstriker,VictorOsimhen hasleftmorethanafootprintattheRAMSPark.TheU17WorldCupwinnerledGalato winthedomesticdoublelastseason-TurkishSüperLigandTurkishCup.Healsowonthe SuperLigGoldenBootandLigPlayeroftheSeason,scoring37goalsin41matchesthe process.TheLionsarenowsettomakethedealpermanentastheeggheads oftheclub are readytomeetNapoli’s€75millionreleaseclauseontheNigerian

According to reports emanating from Naples, Super Eagles striker, Victor Osimhen, is now close to realising his dream of a permanent move to Galatasaray, as the Super Lig reigning champions have agreed to pay the €75 million release clause on the Nigerian’s contract at Napoli.

Tutto Napoli reports that Galatasaray officials are in the final stages of negotiations with Napoli over a permanent transfer of Osimhen to the RAMS Park in Istanbul.

Galatasaray Vice President, Abdullah Kavukcu, was in Italy on Tuesday to lead face-to-face discussions with Napoli officials.

The top transfer source hinted that Galatasaray are now ready to pay the full €75 million release clause on Osimhen contract with Napoli, although to be spread over three years at €25 million annually.

Crucially, Osimhen now appears to have resolved any doubts about his future. The 26-year-old forward has reportedly informed Galatasaray of his desire to stay, turning down a record-breaking offer from Saudi Arabian club Al-Hilal, who had tabled a jaw-dropping €40 million per year for four seasons—€160 million in total for the Nigerian.

Despite the financial lure, Osimhen is said to prioritise competing in the UEFA Champions League, and per their recent success by winning the Turkish league title, this is something Galatasaray can offer.

Earlier this week, Galatasaray submitted an initial bid of €50 million plus €5 million in add-ons, but Napoli rejected the offer, holding firm to the terms of the release clause.

However, the Turkish club returned with renewed urgency, buoyed by Osimhen’s commitment and the backing of local sponsors ready to support the financial package. Napoli also rejected the improved €60million offer.

It is the insistence of Napoli on the payment of the full €75 million release clause that made the Turkish Lig team to do this latest offer of ready to pay the entire release clause but spread over three years.

The Turkish champions have also agreed to pay the striker an annual salary of €15 million with a signing-on bonus of €10 million. Osimhen had long been linked with a move to the Premier Le ague, with Manchester United and Liverpool among his top suitors.

But neither club has made a formal offer this summer, which has allowed Galatasaray to move ahead in the race.

The player’s reported acceptance of a €16 million annual salary also shows his willingness to continue with the Turkish champions, who are planning to build their Champions League campaign around him.

Should the two clubs reach an agreement in the coming days, Osimhen’s transfer move is set to become one of the biggest in Turkish football history.

The Napoli pre-season training camp opens next week Tuesday, and Osimhen’s future will have to be resolved before then.

The release clause of the player will also expire same day and thereafter, it will be left for Napoli to decide on the transfer fee they will receive, that is if they are unable to arrive at an agreeable term before then.

Meanwhile, Manchester United legend, Rio Ferdinand has demanded INEOS stage

a transfer intervention to bring Osimhen to Old Trafford after the Nigerian striker finally agreed to a move elsewhere and with a big update from Italy on the striker’s proposed next club.

Despite Osimhen’s brilliant form in front of goal over several seasons, there appears a surprise shortage of genuine interest in bringing the player to the Premier League, even though Napoli have made it clear they will not stand in his way of a sale this summer. And having set a €75m price on the striker, suitors know exactly what it would take to sign the striker who boasts 151 career goals.

Manchester United’s need to strengthen up front is obvious after Ruben Amorim’s side managed a paltry 44 goals in 38 Premier League games last season, a figure better than only four other sides in the top flight and a colossal 42 shy of the league’s best, Liverpool.

Ferdinand has begged his former club to intervene and hijack Galatasaray’s plans to sign the 26-year-old on a permanent basis.

“I’m like a broken record. If anyone listens to my podcast, I’ve said Osimhen for a while now,” Ferdinand said.

“He’s a centre-forward, he’s experienced, he knows how to score goals at the top level. I’ve seen today that Galatasaray have put a £50m bid in.

“I mean, £50m to get a top-class striker, one of the top strikers in the world, is absolute peanuts in today’s market. I’ll be disappointed if he goes to Galatasaray for that type of money when Man United are crying out for a No. 9.”

“I’ll be disappointed to miss out on

Gyokeres if we don’t get a No.9 in. But if we got Osimhen, then I wouldn’t be too concerned,” he concluded.

However, Ferdinand’s pleas may come too late, with an update from Italy suggesting a permanent move to Galatasaray was closer than ever after his exit clause was met. According to Italian transfer reporter, Gianluca Di Marzio, the Turkish side have now confirmed they are willing to meet Napoli’s €75m valuation for Osimhen.

And in a post on his X account, he has revealed they have offered him a contract worth €16m net over four years – worth around £66,000 a week after tax.

Foot Mercato’s Santi Aouna, though, states there still remains plenty of talking to do before a deal can be reached, with Napoli demanding one immediate payment to secure the deal; though Gala’s proposal is over what he describes as ‘multiple term payments’.

Aouna also claims Al-Hilal are standing by to hijack the deal, having made it clear to Napoli they are willing to pay what it takes to prise the Nigerian star to the Saudi Pro-League.

Wherever he ends up, and it does seem Galatasaray are now strong favourites amid claims Osimhen has chosen to go there after enjoying his season on loan in Istanbul, Fabrizio Romano has opened up to explain why a move to Old Trafford was never a realistic option.

Taking to YouTube to detail the situation, Romano explained:

“Osimhen has always been very happy at Galatasaray and the club have an agreement on the contract with Osimhen until 2028 with an option for 2029.”

Interestingly, former Super Eagles midfielder, Mutiu Adepoju has urged Osimhen to consider staying at Galatasaray if Juventus are unable to meet Napoli’s transfer demands for the Nigerian.

The Serie A rivals are among the suitors vying for the signature of the Super Eagles attacker. But, just like the English Premier League clubs, Juventus are reportedly unwilling to meet his wage demand and transfer fee.

Speaking exclusively to Footy-Africa, Adepoju, who was part of Nigeria’s 1994 squad that won the Africa Cup of Nations and reached the Round of 16 at the FIFA World Cup, acknowledged his preference for a move to Italy but admitted the Turkish option is more realistic at this stage.

“In my own opinion, I would have loved him to move to Juventus, but if they cannot match his salary and the transfer fee that Napoli is asking for, then I think he should stay back at Galatasaray,” Adepoju said.

Adepoju also reveals the striker’s popularity in Turkey as another reason to remain with the Super Lig champions.

“The fans there love him, and he has spent a year there with a lot of success. I think he should continue there and have more success,” Adepoju said. “He is a good player and with Galatasaray, I believe they will also love to have him back. Once they can reach an agreement, he should join them, in my opinion.”

Osimhen’s decision is expected in the coming days as negotiations between Napoli and Galatasaray enter their final stage.

Victor Osimhen breaks 10-year Gala record

Falcons Confident of WAFCON La Decima After Botswana Pummeling

Super Falcons and Galatasaray central defender, Oluwatosin Blessing Demehin, is confident in Nigeria’s Mission X dream after they secured a 1-0 win against Botswana yesterday.

The 23-year-old has played every minute of the WAFCON 2024 tournament in Morocco, continuing her solid partnership with Osinachi Ohale in the Super Falcons backline.

Demehin played a vital role in the build-up to Nigeria’s late goal at the Stade Larbi Zaouli

in Casablanca last night.

Nigeria have now secured a quarter-final berth, and the former Reims defender is confident Justin Madugu’s side can lift their 10th WAFCON competition if they continue the way they’ve started.

“We thank God we’ve qualified for the quarter final. What’s left for us to do is continue progressing,” Demehin told an online publication in her post-game interview.

“In the natural order of things, one comes before two, so we’ll take it game by game.

We just try to focus and keep things compact at the back by following the coach’s instructions.

“We have six games to go.

Two down. By the time we get to the sixth one, we’ll be able to accomplish Mission X. Like I said, workinprogress,”theSuperFalcons defender concluded.

TheSuperFalconswillplayagainst Algeriaintheir final group game tomorrow before finding out their quarter-final opponent.

Ruthless Sinner Seeks Roland Garros Revenge as He Sets for Alcaraz Confrontation

Jannik Sinner will have a very good opportunity to revenge his French Open defeat five weeks ago in the hands of Carlos Alcaraz in tomorrow’s Wimbledon final after a ruthless demolition of Novak Djokovic’s latest bid for a record 25th Grand Slam title.

Sinner, 23, swatted aside seven-time champion, Djokovic to win 6-3 6-3 6-4 and reach a maiden Wimbledon final, setting up a re-match of last month’s epic French Open showpiece.

At least one of Sinner and Alcaraz have contested the men’s singles final at the last

WIMBLEDON

six Grand Slam tournaments, while Sinner is going for a first title away from the hard courts against Alcaraz, a two-time winner at the All England Club. Djokovic had admitted before the tournament this was probably his best chance of setting a standalone record of major singles title - on his favoured surface where he has enjoyed so much success.

Three-time major winner, Sinner has now won the last six meetings against Djokovic but this was the first time on grass. Another final between Sinner

andAlcaraz just five weeks after the last one at Roland Garros gives the Italian a chance for revenge after he let slip a two-set lead to lose in five.

“It’s a huge honour for me to share the court again with Carlos,” Sinner said.

“Hopefully it will be a good match like the last one - I don’t know if it will be better because I don’t know if that’s possible but we will try - hopefully it will be an enjoyable match.”

World number two Alcaraz beat American fifth seed Taylor Fritz 6-4 5-7 6-3 7-6 (8-6) in yesterday’s first semi-final on a sweltering hot day at SW19.

…Anisimova, Swiatek Eye First All England Club Title

A new women’s singles champion will be crowned at Wimbledon today as first-time Grand Slam finalist, Amanda Anisimova faces five-time Major winner, Iga Swiatek in an exciting final.

Anisimova, the first American to reach the title match at SW19 since Serena Williams in 2019, while Swiatek follows in the footsteps of countrywoman Agnieszka Radwanskan’s 2012 achievement, with the winner becoming the eighth different

champion since Williams’ consecutive titles in 2015 and 2016.

Two years after taking a break from tennis to focus on her mental well-being and one year after failing to make it through qualifying, 23-yearoldAnisimova will compete for her maiden Grand Slam title.

The 13th seed makes her way to Saturday’s final as the first women’s singles player in the Open Era to reach a Slam final a year after losing in qualifying,

since Bianca Andreescu’s win at the 2019 US Open, a year after her qualifying loss in New York.

The 23-year-old, who will move into the top 10 next week regardless of her result, will fancy her chances after narrowly defeating world No.1Aryna Sabalenka in the semi-finals, adding to her Grand Slam wins over the Belarusian after wins at the Australian and French Opens in 2019.

Whisper it, but beating Swiatek in this form will be no easy feat, and no, this is not clay but grass.

Palace Demoted from Europa League over Ownership Rules

Crystal Palace have been demoted from the Europa League to the Conference League next season, Uefa have ruled.

The governing body’s decision stems from Palace breaching its multi-club ownership rules and Uefa said the Eagles could appeal its ruling with the Court of Arbitration for Sport. Nottingham Forest, who finished seventh in the Premier League last season, could replace FACup winners Palace in the Europa League.

Eagle Football Holdings - owned by American businessman John Textor - holds stakes in Palace and Lyon, with Uefa rules stating

that clubs owned, to a certain threshold of influence, by the same person or entity cannot compete in the same European competition.

Uefa’srulessetadeadlineof1 March2025toshowproofofmulticlub ownership restructuring - a deadlinewhichPalacemissed.

Palace argued Textor does not hold any decisive influence at the club, but Uefa have not acceptedthePremierLeagueside’s defence. Lyon, who also qualified for next season’s Europa League, take precedence over Palace because of their higher league position.

The seven-time French champions finished sixth in Ligue 1, with Palace 12th in

Paralympians, African Champions Dominate 7th

Valuejet Lagos Para Table Tennis Championships

Paralympians and Afri- can champions shone brightly at the 7th Val- uejet Lagos Para Table Tennis Championships, where top stars like Isau Ogunkunle, Bolawa Akingbemisilu, and Faith Obiora successfully de- fended their singles titles. The three-day competition was held at the Molade Okoya-Thomas Hall, Teslim Balogun Stadium, Lagos.Besides Nigeria, athletes from Togo and the Benin Republic also participated. Togo made a notable impression, earning two bronze medals. The event was organised by the Sunday Odebode Para Sport Foundation (SOPSF) and supported by the National Sports Commission (NSC).

In the women’s singles, Faith Obiora retained her title

Ikorodu

City,

International

in class 5 after defeating Kate Oputa, whileAfrican champion Kehinde Lawal secured the top spot in class 9. With defending champion Faith Obazuaye ab- sent, Ivie Edogiaweire seized the opportunity to clinch the class 10 crown.

In the men’s singles, Paris 2024 Paralympian Bolawa Akingbemisilu demonstrated his dominance in class 5 with a commanding3-0winoverLekan Abdullahi. Isau Ogunkunle, Africa’s sole medallist at the Paris 2024 Paralympic Games, thrilled spectators with a convincing 3-0 victory over Timothy Umeh to claim the men’s class 4 title.

Tokyo 2020 bronze medallist OlufemiAlabi emerged victori- ous in the men’s class 10, while AbiolaAdesopestunnedthefield with a 3-2 upset over Paralympic

medallist,TajudeenAgunbiade in the men’s class 9. Togo’s Atisso Amele added to her country’s tally with two bronze medals in the women’s singles and doubles class 5 categories. Since its inception in 2019, the Valuejet-sponsoredtournamenthas played a pivotal role in national team selection. Kunle Soname, Chairman of Valuejet, reaffirmed the airline’s commitment to sup- porting para-athletes and promot- ing inclusivity through sport. “At Valuejet, we consider it a privilege to be part of this remarkablechampionship.Supportingthis event aligns with our core valueswe are committed to adding value to society,” Soname stated. “We believe everyone deserves hope and the opportunity to fulfil their dreams, and we are dedicated to making that a reality wherever we can.”

Remo Stars to Kickstart Eko

Cup as MTN Promises Support for Tourney

In what looks like a dress rehearsal ahead of the 2025/26 Nigeria Premier Football League, NPFL, Ikorodu City will tomorrow play host to Remo Stars, Ikenne in the 2025 Eko International Cup, at the Mobolaji Johnson Arena, Lagos.

The pre-season tournament which is slated for between July 13 and 20th, will see six teamsRemo Stars, Ikorodu City, Shooting Stars, Rivers United Enyimba ofAba and FC Kallon ofSierraLeoneslugitoutamong themselves.

theAtapressconferencetoherald eight-day tournament, the brain behind the Eko International Cup, Ifeanyi Ogbu, who double as both the founder and

CEO of the tournament said the whole idea was borne out of the passion and love he has for the game of soccer.

“We want to make the tournament a football tourism. Create excitement for football fans, and ample opportunity for the teams to tune-up for the incoming season,” Ogbu said.

One of the tournament leading sponsors, MTN Nigeria, represented by it’s senior manager brand and communication, Friday Okuwe, expressed delight at partnering with Eko In- ternational Cup.

“Our partnering with this tournament is about unity for the country. We have always

support the Nigeria’s football eco system. Football is a major platform for building the youths in this “MTNcountry. is excited to see that clubs from other African countries are participating in the tournament. We will stand by the tournament in helping develop Nigerian football, which is also an integral part of our corporate philosophy,” Okoye said.

Meanwhile, Lagos State Foot- ball Association, represented by its vice chairman, Dotun Coker, said Eko International Cup is a tournament very dear to the state governor, Babajide Sanwo-Olu, just as he said the state has put up adequate security for participat- ing teams and fans alike.

PSG, Chelsea Set for Club World Cup Final Live on StarTimes, as Pay TV Extends Promo

the Premier League but qualifying forEuropeancompetitionbywinning the FA Cup.

Earlier this week Lyon won their appeal against relegation from Ligue 1 after they were demoted for financial reasons, which affected Palace’s chances of playing in the Europa League. Had Lyon’s relegation been upheld, they had agreed with Uefa to be excluded from the Europa League, clearing the way for Palace to play in the competition.

English football has two allocated Europa League spots, with Aston Villa securing the other after finishing sixth in the Premier League. Forest replace Palace in the Europa League after finishing seventh, with their Conference League spot going to the Eagles instead.

The semi-finals of the 2025 FIFA Club World Cup delivered football at its finest, and across Nigeria, fans tuned in live on StarTimes to witness the drama unfold. With goals, surprises, and commanding performances, the two matchdays offered an unforgettable spectacle - and StarTimes ensured viewers enjoyed every moment in high-definition clarity.

In the first semi-final, Chelsea showcased their growing strength under Enzo Maresca with a confident 2-0 victory over Brazilian side Fluminense.

The star of the night was new signing João Pedro, who announced himself with two well-taken goals that underlined his potential as a major force in Chelsea’s attack. Though Fluminense gave a spirited account of themselves, their efforts fell short against the composure

and tactical efficiency of the English side.

The second semi-final brought the most unexpected result of the tournament. Paris Saint-Germain dismantled European giants Real Madrid in a commanding 4-0 win that stunned many. Midfielder Fabián Ruiz put in a performance of the highest calibre, scoring twice and controlling the midfield throughout. Ousmane Dembélé added a goal and an assist before being subbed off, and Gonçalo Ramos completed the rout. Meanwhile, Kylian Mbappé — once PSG’s poster boy and now wearing the Madrid jersey — struggled to make an impression against his former teammates, who were in complete control from start to finish.

The results set up a highly anticipated final between Chelsea and PSG, two clubs

with ambition, quality, and something to prove on the global stage. The final is scheduled for Sunday, July 13 at 8 p.m., and will be broadcast live on StarTimes World Football channels (254/245). For a more relatable experience, fans can also enjoy Pidgin English commentary on Beta Sports Channel 244. In response to growing fan engagement, StarTimes has extended its ongoing Chop Extra Promo until August 16. Initially slated to end on July 10, the promo now gives subscribers more time to enjoy automatic bouquet upgrades with every recharge, unlocking wider access to premium content - including the Club World Cup final, Hollywood movies, Nollywood content, kids’ programming, the best of Bollywood and more.

As Chelsea and PSG prepare to battle for the trophy, one thing is clear: StarTimes subscribers are not just watching football; they’re enjoying a richer, more rewarding viewing experience that brings the action and the excitement home.

Demehin in action for Super Falcons against England
Bolawa Akingbemisilu successfully defended his singles title at the Value-Jet Lagos Para Table Tennis

BOOK LAUNCH....

OBINNA CHIMA

Towards Stronger, More Resilient Banking Sector

In line with its return to orthodox monetary policy and its move to fortify Nigeria’s banking sector, the Central Bank of Nigeria (CBN) last week issued a directive mandating all banks to submit comprehensive Capital Restoration Plans within 10 working days after the close of each quarter, starting from June 30, 2025.

This bold policy action, contained in a circular signed by the Director of Banking Supervision, Dr. Olubukola Akinwunmi, is not just a compliance mechanism but a strategic intervention aimed at ensuring the financial system’s long-term stability, transparency, and resilience.

This directive marks a critical pivot in the CBN’s post-pandemic

regulatory strategy, as it winds down the forbearance measures introduced during the COVID-19 era.

Last month, the banking sector’s

regulator rolled out stringent measures aimed at strengthening banks’ capital buffers and curbing regulatory forbearance abuses. The directives, which included a temporary suspension of dividend payments, deferral of management bonuses, and a halt on foreign investments, were designed to ensure full provisioning for high-risk exposures and improve cash-based profitability metrics. The CBN had instructed all banks currently under regulatory forbearance to suspend the payment of dividends to shareholders, bonuses to directors and senior executives, and investments in offshore subsidiaries or new foreign ventures.

The move was part of a broader strategy to ensure that banks operating under forbearance supervision

C. DON ADINUBA

strengthen their financial resilience and fully comply with capital adequacy and loan provisioning standards. The restrictions are temporary and would be lifted once key conditions are met, which include a full exit from regulatory forbearance and independent verification of capital and provisioning levels as being within acceptable regulatory thresholds.

The pandemic had forced many regulators across the globe, including the CBN,to allow temporary leniencies in capital adequacy requirements to prevent widespread insolvency and credit contraction.

But as the global economy gradually returns to normalcy, these emergency

Continued on page 27

Bart Nnaji: An Alchemist at 69

On Tuesday, July 1, while travelling with him from Enugu to Aba, his phone kept on ringing endlessly.

Typical of him, Bart Nnaji took every call and addressed each caller patiently, carefully, and politely. One call struck me in particular. It was a widow from his rural community who reported that her husband’s kinsmen had decided to seize her village compound, leaving her and grown-up children with no ancestral home.

Wondering why the local folks should take such an oppressive step, he quickly made inquiries which

revealed that the kinsmen were not keen on seizing the widow’s land. They were not happy that since she

lost her husband, a successful and well-educated professional, about 10 years ago, she and her children have not been visiting home, though they live in Enugu which is only 20 minutes away. So, the kinsmen pulled the stunt of property seizure to force her and the children to start coming home regularly and identify robustly with their community and its people.

Why did this widow turn to Nnaji for intervention? Probably because the former Minister of Power who has also been the Minister of Science and Technology is the most prominent and influential person in Umuode in Nkanu East Local Government Area, one of the smallest communities in Enugu State. But it is more likely because,

unknown to most Nigerians, Nnaji, recipient of four national honours, is the chairman of the community’s land committee, an office he takes with utmost seriousness, just as he does with his chairmanship of the Nigeria Liquefied Natural Gas (NLNG) Prize for Science Committee and his chairmanship of the Bells University of Technology Governing Council. It’s one of the reasons why he travels to this rural community at least every two weeks and holds endless meetings with peasant farmers, cleaners, palm wine tappers, gate men, civil servants, failed traders, university lecturers,

Nnaji
Continued on page 27
Cardoso
L-R: Former Governor of Kano State, Rabiu Musa Kwankwaso; Author of the book ‘OPL 245: Inside Story of the $1.3bn Nigerian Oil Block, Mohammed Bello Adoke; Vice President Kashim Shettima; Chairman of the Occasion, Anyim Pius Anyim; former Kwara State Governor, Abdulfatah Ahmed; Minister of Innovation, Science, and Technology, Uche Nnaji and Deputy Governor of Kogi State, Salifu Joel, during public presentation of the book in Abuja… Thursday GODWIN OMOIGUI

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