THURSDAY 3RD APRIL 2026

CBN: Union, Keystone, Polaris Banks Will Meet Capital Threshold, Actively Raising Funds

Nume Ekeghe The Central Bank of Nigeria (CBN)

ADC LEADERS IN WORLD PRESS CONFERENCE...

L-R: Former Governor of Kano State, Mr. Musa Kwankwaso; 2023 Presidential Candidate of the Labour Party, Mr. Peter Obi; Former Governor of Osun State, Mr. Rauf Aregbesola; Former President of the Senate and Chairman of the African Democratic Congress (ADC), Sen. David Mark; Former Vice President and Chieftain of ADC, Alhaji Atiku Abubakar; Former Minister of Transportation, Rt. Hon. Rotimi Amaechi; and ADC Chieftain, Alhaji Kashim Imam, during the party’s world press conference held in Abuja, yesterday

ADC Leaders to Amupitan: Resign Immediately

L-R: Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani; Minister of Humanitarian Affairs, Dr. Benard Doro; Plateau State Governor, Mr. Caleb Mutfwang; President Bola Ahmed Tinubu; and APC National Chairman, Professor Nentawe Yilwatda, during the president’s town hall meeting in Jos aimed at finding peace in Plateau State, held in Jos, yesterday

DANIEL IN THE EYES OF TIME IN COMMEMORATION OF OTUNBA GBENGA

Report: Nigeria Poised for Oil Windfall, But

Faces Growth Slowdown, Inflation Shock

Dangote Refinery export push offers rare upside Oil price surge deepens pressure on 29 African currencies Troubled region accounts for 15.8% of Africa’s imports

Emmanuel Addeh in Abuja

Nigeria may emerge as one of the few short-term beneficiaries of the escalating Middle East conflict, but the broader outlook for the country and Africa remains grim, with rising oil prices, currency pressures, and food insecurity threatening to derail fragile economic recovery across the continent, a report said yesterday.

A joint policy brief released by leading continental and multilateral institutions warned that while higher crude prices could bolster Nigeria’s revenues and support export expansion from the Dangote Refinery, these gains were likely to be overshadowed by widespread macroeconomic shocks hitting most African economies.

The policy brief was prepared by a joint Task Force led by the African Development Bank Group (AfDB), the African Union (AU), the United Nations Development Programme - Regional Bureau for Africa (UNDP) and the United Nations Economic Commission for Africa (UNECA).

The report projected that if the conflict persists beyond six months, Africa could lose at least 0.2 percentage points in GDP growth in 2026, compounding already sluggish post-COVID recovery rates. The shock, it said, is already transmitting through energy markets, with oil

prices rising by about 50 per cent as of late March, intensifying inflationary pressures across the continent.

For Nigeria, Africa’s largest oil producer, the surge in crude prices, it explained, presents a dual-edged dynamic. On one hand, it strengthens government revenues and improves foreign exchange inflows. On the other, it risks worsening domestic inflation, particularly through higher fuel and transport costs, at a time when the country is still grappling with the aftershocks of subsidy removal and currency depreciation.

The policy brief highlighted that Nigeria’s strategic position is further enhanced by the operational scale-up of the Dangote Refinery, which could increase refined product exports and reduce dependence on imports. This positions the country to partially cushion supply disruptions linked to instability in the Middle East.

“While the conflict is generating broad economic risks for Africa, a few countries may see short-term gains through higher commodity prices, trade diversion, and rerouted logistics. Nigeria stands to benefit from higher oil prices and the export expansion of the Dangote Refinery,” it stressed.

However, beyond Nigeria and a handful of commodity exporters, the outlook darkened considerably across Africa.

Currencies in at least 29 African

countries have already depreciated, raising the cost of servicing external debt and making imports more expensive. Countries with high fuel and food import dependence, including Senegal, Sudan, Cabo Verde, South Sudan, and The Gambia, face acute fiscal strain as rising global prices feed directly into domestic economies.

More critically, the report under- scored that the fertiliser channel may prove even more damaging than oil. Disruptions to Gulf-based liquefied natural gas supply are expected to affect ammonia and urea production, driving up fertiliser costs just as Africa enters its key March-to-May planting season. This

could sharply reduce agricultural output, push food prices higher, and deepen food insecurity, particularly among vulnerable populations.

The Middle East currently accounts for 15.8 per cent of Africa’s imports and 10.9 per cent of its exports, underscoring the continent’s exposure to disruptions in the region.

The Strait of Hormuz alone handles about 20 per cent of global oil exports, making any escalation a major risk to global supply chains.

Beyond commodities, the conflict is also reshaping trade and logistics patterns, the report added. Shipping routes are increasingly being diverted around the Cape of Good Hope to avoid Red Sea risks, creating pockets

of opportunity for some African economies. Ports in Southern Africa, along with logistics hubs in East Africa, are experiencing increased activity, while air transport networks are also benefiting from rerouted global traffic.

Yet, the report cautioned that these gains remain uneven and insufficient to offset the broader economic fallout.

Geopolitically, the crisis is expected to intensify competition for influence in Africa among global powers, including the United States, China, Russia, Gulf states, Iran, and Türkiye, the report explained. Fragile regions such as Sudan, Somalia, and Libya could see heightened instabil-

ity as external actors deepen their involvement through arms flows and strategic positioning around ports and critical resources. At the same time, humanitarian operations across Africa may face rising costs, particularly in the Horn of Africa, as donor priorities shift toward security spending closer to the conflict zone.

To mitigate the impact, the report called for urgent and coordinated policy responses across three time horizons. In the short term, African countries were advised to deploy targeted social protection measures, secure emergency financing for fuel and food imports, and stabilise foreign exchange markets.

EBID Approves $241.6 Million to Boost Nigeria’s Infrastructure, Waste Management, Transport Network

Nume Ekeghe

The ECOWAS Bank for Investment and Development (EBID) has approved $241.6 million in fresh financing targeted at strengthening Nigeria’s infrastructure backbone, with a focus on transport networks and urban waste management systems.

The approvals, granted at the

bank’s 95th Board of Directors meeting held on March 30, 2026, form part of a broader $266.7 million and CFA30 billion regional funding package aimed at driving sustainable and inclusive growth across West Africa.

Nigeria accounted for the largest share of the facility, reflecting its outsized infrastructure deficit and the growing role of development

FG Inaugurates Sub-Committees for 2026 International Civil Service Conference

Olawale Ajimotokan in Abuja

Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, has inaugurated 10 Sub-Committees towards the successful planning and execution of the 2026 International Civil Service Conference (ICSC) billed for Abuja from May 20-21, 2026. She said the conference is aimed at reinforcing Nigeria’s position as a key player in global public service reform and collaboration.

Walson-Jack described the inauguration ceremony held in Abuja as a strategic step toward delivering a world-class conference and building on the remarkable success of the maiden edition held in 2025.

She said the previous conference showcased the Nigerian civil service not just as an administrative machinery, but as a dynamic hub of innovation and a catalyst for national transformation.

Walson-Jack urged the stakehold-

ers to sustain momentum and raise standards as the global public service community keen about the conduct of the 2026 edition.

She emphasised the civil service must be guided by the enduring principles of “Reforms, Resilience and Results,” stressing these ideals must shape both the planning process and overall delivery of the conference.

Walson-Jack said the Sub-Committees were carefully constituted to handle specialised and strategic

responsibilities critical to the success of the conference.

She noted the performance of the sub committees will directly influence the quality, impact, and global perception of the event.

She charged members to approach their assignments with focus, discipline, and a strong sense of national duty, ensuring seamless execution within their mandates while working in synergy with the Local Organising Committee and the Steering Committee.

finance institutions in bridging funding gaps amid fiscal constraints.

In a statement, EBID announced: “The ECOWAS Bank for Investment and Development (EBID) has approved $266.7 million and XOF 30 billion to support a portfolio of strategic projects in Nigeria, The Gambia, Ghana, Senegal, and Côte d’Ivoire. The approvals, granted at the 95th Session of the Board of Directors held on 30 March 2026, underscore the bank’s continued commitment to advancing sustainable, inclusive, and resilient development in the region.”

A significant portion of the funding $100 million has been earmarked for the Lagos-Calabar Coastal Highway, a flagship corridor expected to link nine coastal states, improve regional connectivity, and reduce logistics bottlenecks that continue to inflate the cost of moving goods across the country.

In Lagos, EBID also approved $50 million for the development of modern waste management facilities under a public-private

partnership arrangement.

The project is expected to expand recycling capacity, raise recycling rates to about 45 per cent, and generate more than 5,000 jobs, while producing approximately 60,000 tonnes of organic compost annually.

“Transport infrastructure development in Bauchi State, Nigeria, $91.63 million, aligned with the National Development Plan.

This programme will modernise road infrastructure, reduce logistics costs, improve access to essential services, open up agricultural zones, and incorporate climateresilient construction techniques.

Speaking on the approvals, President of EBID, George Agyekum Donkor, said the bank remains focused on financing projects that deliver long-term economic value across member states.

“These interventions reflect our ambition to support Member States in structuring value-creating projects that are fully aligned with the Sustainable Development Goals.

DANIEL AT 70...

L-R: Former President of Nigeria, Chief Olusegun Obasanjo; Wife of the Celebrant, Yeye Olufunke Daniel; Author of the books and Senator representing Ogun East, Otunba Gbenga Daniel; Representative of the President and Minister of Finance, Mr. Wale Edun; Chairman of the Occasion, Former President, Dr. Goodluck Ebele Jonathan; and Royal Father of the Day, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, during the book launch titled Daniel in the Lion’s Den; Path to Justice; My March through the Court and Daniel in the Eyes of Time in commemoration of Otunba Gbenga Daniel at 70, held in Abuja, yesterday PHOTO: KINGSLEY ADEBOYE

LAUNCH OF THE COMMUNITY FOOD BANK TRUST FUND...

L-R: Senior Special Assistant to the President (Policy and Strategy), Office of the First Lady, Mr. Wahab Alawiye King; Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency (NPHCDA), Dr. Muyi Aina; Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate; Wife of the Vice President, Hajia Nana Shettima; First Lady of Nigeria, Sen. Oluremi Tinubu; and Governor of Kwara State and Chairman of the Nigeria Governors’ Forum (NGF), Mr. AbdulRahman AbdulRazaq, during the launch of the Community Food Bank Trust Fund and inauguration of the Board of Trustees, held at the Conference Centre of the Presidential Villa, Abuja, yesterday

N65bn Realised as First Lady Launches National Community Food Bank Programme

Donors include FG, NNPC, NGF, Aliko Dangote, Emeka Offor Mrs Tinubu describes child malnutrition as a national emergency Programme targets vulnerable under-6 children, through transparent distribution system as a bridge between food surplus and communities in need.

Over N65 billion was realised Thursday as wife of the President, Senator Oluremi Tinubu flagged-off the National Community Food Bank Programme aimed at tackling hunger and malnutrition nationwide.

Speaking at the inauguration of the Board of Trustees and fundraising ceremony of the Community Food Bank Trust Fund in Abuja, the First

Lady stressed that child malnutrition remains a pressing national priority, adding that millions of Nigerian children still lack access to adequate nutrition.

According to her: “Child malnutrition in Nigeria remains a pressing national priority, with millions of children in need of consistent access to the nourishment required for healthy growth and development.

Each day of our inaction affects

their health, growth, potentials and future. Therefore, addressing this issue is both urgent and essential to securing our nation’s future”.

Mrs. Tinubu, who personally pledged N500 million, described the initiative as a sustainable intervention which aligned with the Renewed Hope Agenda of President Bola Tinubu.

“The Community Food Bank Programme was conceived by us

as sustainable response to bringing healthy and nutritious food within the reach of vulnerable children under six, strengthening community-based nutrition systems, and restoring hope where it is most needed”.

She added the programme, implemented in partnership with the Federal Ministry of Health and Social Welfare, the National Primary Healthcare Development Agency, and the Bank of Agriculture, would serve

Flutterwave Secures Nigerian Banking Licence to Accelerate Payments, Others

Flutterwave Inc., one of Africa’s leading payments technology companies, yesterday, announced it has secured a Nigerian banking licence.

A statement from the fintech company explained that the licence enables it to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises.

“This milestone allows us to make our infrastructure more efficient and deliver faster, more reliable financial services,” the Founder and CEO of Flutterwave, Olugbenga Agboola

said. He added: “By operating directly within the financial system, we can streamline money movement, accelerate settlement for merchants, and build products that support sustainable long-term growth.”

The banking license enhances Flutterwave’s core payments business by allowing the company to optimise settlement flows and manage funds more efficiently within its ecosystem.

According to the statement, “Historically, global payment companies have operated via a “sponsorship” model, partnering with established commercial banks to access national clearing and settlement systems. While functional, this arrangement often limits a

fintech’s pace of innovation and requires them to share a portion of the transaction value with the sponsoring institution.

“By securing this banking license, Flutterwave gains greater control over how funds move within its ecosystem, including the ability to hold deposits and manage financial flows across its platform.

“While Flutterwave will continue to work closely with banking partners across the broader financial ecosystem, the license enables the company to internalise key elements of its financial value chain, improving operational efficiency and supporting faster product development.

“This shift strengthens operational autonomy and allows Flutterwave to capture more value from the

Centre Charges Professionals on Effective Implementation of Criminal Justice Laws

Alex Enumah in Abuja

The Center for Socio-Legal Studies (CSLS), has challenged professionals from various fields including journalists on the successful implementation of criminal justice laws in the country. President of the CSLS, Prof. Yemi Akinseye-George, SAN, gave the charge during a capacity building training for the Administration of Criminal Justice Act (ACJA) Rangers (volunteers), on the Administration of

Criminal Justice Act/ Administration of Criminal Justice Laws (ACJA/ ACJL), in Abuja.

The training organized by the CSLS, and in conjunction with the MacArthur Foundation, is aimed at raising a new generation of young Nigerians and lawyers who will continue to advance the campaign for a reformed criminal justice system in the country.

“These are rangers who have been trained to contribute a quota to the proper implementation of the

Administration of Criminal Justice Act and the Administration of Criminal Justice Laws of the various states, which we have now put together in the form of national minimum standards”, the senior lawyer stated.

While stressing the critical role of criminal justice in the growth and development of a country, including its democracy, Akinseye-George lamented that Nigeria still witnesses challenges in the implementation of the criminal justice laws.

transactions processed within its ecosystem.”

Flutterwave noted that Nigeria represents one of Africa’s most dynamic financial ecosystems, with trillions of naira moving through digital payment channels each year.

“By operating more directly within the regulated financial system, Flutterwave can further optimize how money moves across its platform and improve settlement efficiency across its network of merchants, businesses and consumers,” it added.

“Our goal is to build a strong and effective food bank system in Nigeria that is supported through a well-structured trust fund, governed transparently, and capable of reaching communities and households across the country,” she stated.

The First Lady commended early donors and called for broader participation, noting that even small contributions would make a difference.

“As a mother, even one Naira is not too small, it all adds up. A little drop of water and a grain of sand make the mighty ocean.

“This programme directly addresses food insecurity among vulnerable households, particularly children under six… Success means a Nigeria where no child goes to bed hungry,” she said.

Pledges came from both the public and private sectors, including N20 billion from Aliko Dangote Foundation; N17 billion from the federal government, and a N17 billion commitment from the Nigeria Governors’ Forum, NGF.

Other contributions include N500 million each from Sir Emeka Offor Foundation, as well as an initial $500,000 donation from anonymous supporters.

Managing Director of the Aliko Dangote Foundation, Zouera Youssoufou, announced a N20 billion in-kind commitment to the fund over a five-year period. Also, NNPC Limited, represented by Sofia Mbakwe on behalf of Group CEO, Bayo Ojulari, pledged N10 billion over five years, describing the initiative as a “powerful testament of purposeful leadership.”

At the subnational level, Kwara State Governor and Chairman of the Nigerian Governors Forum (NGF), Abdulrahman AbdulRazaq, pledged that states would work to match the Federal Government’s N17 billion interventions.

“Across our states, we see the pressure many households face in accessing affordable and nutritious food… This is not only a health issue, it’s a national issue,” he explained. Earlier, Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, described nutrition as both a moral and public health imperative.

According to him: “Health does not begin in hospitals alone. It begins in our homes, in our communities, and it starts with adequate nutrition… it’s a moral imperative that we ensure that no Nigerian child goes to bed hungry”.

Poor Fleet Size Undermines African Airlines

The Chief Executive Officer of the Airlines Association of Southern Africa (AASA), Aaron Munetsi, has decried the poor fleet size of most Africans airlines, which is responsible for the loss of the African market to international carriers.

European, American and Middle East carriers dominate the African market by 82 per cent and processed most of the 273 million passengers airlifted on the continent in 2025.

Munetsi expressed dissatisfaction with the slow pace of aircraft acquisition and fleet size of African airlines put together.

Comparing African continent

which has 54 countries to USA’s Delta Airlines fleet, he said, “The whole continent has less than 1,000 aircraft while Delta Air Lines, alone operates about 1,500 aircraft. That tells you the size of the gap we are dealing with.”

He spoke at the second day of the Nigerian Aircraft Acquisition & Investment Summit (NAAIS) in Lagos.

He said something is wrong somewhere that Africa cannot leverage on its population and the geographical size.

“With 52 airlines — flag carriers across the continent — only seven are fully operational, and of those seven, only one is profitable,” he

said.

He noted that Africa, with a population of about 1.4 billion people, contributes just two per cent to global aviation, a figure he described as disproportionately low given its size and economic potential.Munetsi was miffed the continent operates fewer than 1,000 aircraft in total, a number he said underscores the scale of the challenge facing African aviation.

Munetsi attributed the situation to a mix of economic constraints and regulatory inefficiencies, stressing that many African economies are not structured to support sustainable airline operations or fleet expansion.

PHOTO: GODWIN OMOIGUI

Chinedu Eze

Nume Ekeghe

Deji Elumoye in Abuja

CHADIAN PRESIDENT VISITS TINUBU...

Visiting President of the Republic of Chad, Gen. Mahamat Idriss Deby Itno

Villa, Abuja, yesterday

Oyetola: New National Shipping Line to Become Operational Soon

Says port modernisation not limited to Lagos, assures of Eastern ports upgrades Demands measurable results from heads of maritime agencies

Kasim Sumaina in Abuja

The Minister of Marine and Blue Economy, Adegboyega Oyetola, Thursday announced significant progress towards the refloating of a national shipping carrier, signaling a major step in strengthening Nigeria’s maritime industry.

Oyetola made the disclosure during the ministry’s three-in-one stakeholders’ engagement and performance retreat in Lagos, where he outlined ongoing efforts to boost indigenous shipping capacity.

This is even as he clarified that the federal government’s port modernisation programme is a nationwide initiative, dismissing concerns that the focus is restricted to Lagos.

Oyetola while speaking at the event said: “I am pleased to inform you that we have made significant progress toward the refloating of a National Shipping Carrier.”

The minister revealed the government has secured the interest of leading international partners, including AD Ports Group and DP World, to collaborate on the initiative.

“We have secured the interest of reputable international partners who are collaborating with us to bring this vision to fruition,” he added.

According to Oyetola, the new national carrier will play a critical role in reducing dependence on foreign shipping lines, retaining maritime value within the Nigerian economy, and creating employment opportunities.

He linked the initiative to other strategic interventions, including the imminent disbursement of the Cabotage Vessel Financing Fund, which is aimed at empowering indigenous shipowners.

“By empowering local operators, we are strengthening national capacity and positioning Nigeria for greater participation in global shipping,” he said.

Speaking further, he said: “Let me address a concern that has been raised in some quarters — that our focus is limited to Lagos ports. This is not the case,” he said.

He disclosed that procurement processes are already underway for the modernisation of ports in Warri, Port Harcourt, Onne, and Calabar, alongside the approved upgrades for Apapa and Tin Can Island ports.

“We are committed to a balanced and inclusive development of port infrastructure across the country,” Oyetola emphasised.

The minister explained that the modernisation effort goes beyond

infrastructure, describing it as “a transformative intervention” by the administration of President Bola Ahmed Tinubu that will enhance port efficiency, reduce vessel turnaround time, and improve cargo handling capacity.

He further revealed that approvals have been granted for the development of new deep seaports in Bayelsa, Cross River, Akwa Ibom, and Ondo States.

“These projects will expand Nigeria’s maritime capacity, decongest existing ports, open up new economic corridors, and position our country as a leading maritime gateway in Africa,” he

said.

Oyetola noted the initiative aligns with the federal government’s broader economic diversification agenda and is expected to stimulate trade, reduce the cost of doing business, and attract investment across multiple sectors.

He however issued a firm warning to heads of agencies under his ministry, insisting on strict accountability and the delivery of tangible results.

“Let me emphasise that all departments and agencies under the ministry must remain firmly focused on delivering tangible results, nothing that performance

bonds to be signed during the retreat are binding commitments that will be closely monitored and rigorously evaluated.

These are not ceremonial documents. They are binding commitments. Accountability will not be optional.”

He underscored the need for data-driven decision-making, robust monitoring and evaluation frameworks, and alignment with the Ministry’s strategic objectives.

“At the institutional level, we must remain disciplined and accountable. Every department and agency must deliver measurable outcomes,” he added.

NCAA DG Promises Crash of Airfares as Nigerian Carriers Acquire more Aircraft

Fidelity, AFG partner on aircraft leasing to boost fleet of local carriers

The Director General of Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, has assured that in the next six months Nigerian airlines will acquire modern aircraft and increase their capacity, which will bring down the cost of airfares. In another development, Fidelity Bank has entered into a strategic

partnership with Frankfurt-based Aircraft Finance Germany (AFG) to streamline aircraft leasing and acquisition.

Fielding questions from journalists on Thursday, at the second day of the maiden Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, in Lagos, Najomo said the federal government has made commitment with lessors on

the protection of their equipment leased to Nigerian carriers and this agreement has started paying off, as Nigerian carriers will soon receive modern, state-of-the-art aircraft to boost their fleet.

“In the next five, six months, you will see that more aircraft will come in. Better aircraft, modern aircraft will come in. They are coming in already. We expect that more

Ali Pate Canvasses Efficient Healthcare Services in Nigeria

Onuminya Innocent in Sokoto

operators will take leverage of this.

I can tell you, some four years back, the kind of aircraft that have been into this country is quite different.

“There is going to be fleet acquisition, newer fleets. We have Embraer. We have Boeing. We have Bombardier. We have all sorts. It’s not only the airlines, even the private jet sector is benefitting too.

entered into strategic partnership with Frankfurt-based Aircraft Finance Germany (AFG) to streamline aircraft leasing and acquisition.

The alliance signed at the Summit yesterday will facilitate easy leasing of aircraft by Nigerian carriers and marks shift from the past when operators were forced to literally cough out huge amount of money for outright purchase of aircraft.

The week-long event, hosted by the Usman Danfodio University Teaching Hospital (UDUTH) Sokoto, brought together healthcare professionals to discuss ways to improve healthcare services in the country.

Represented by the Director of Hospital Services of the ministry, Dr Adesola Adegoke, Pate commended the Memorandum of Understanding (MoU) between Sokoto state

The Coordinating Minister of Health and Social Services, Prof. Ali Pate, has called on heads of tertiary health institutions to ensure productive engagements that will guarantee efficient healthcare services across Nigeria. Pate made the call at the 113th regular meeting of the Committee of Chief Medical Directors and Medical Directors of Federal Tertiary Hospitals (CCMDFTH) on Tuesday in Sokoto.

government and UDUTH and urged others to emulate the initiative.

Pate reiterated the federal government’s commitment to ensuring proper funding, infrastructure, and manpower for tertiary health institutions to provide affordable and efficient healthcare services, thereby preventing medical tourism.

He urged participants to use the meeting to harness experiences and share knowledge for the betterment of citizens.

Earlier, Governor Ahmad Aliyu of Sokoto State reassured the state government’s commitment to strengthening working relationships with relevant institutions to improve healthcare services at all levels.

Aliyu, represented by his deputy, Engr. Muhammad Idris Gobir, said the government had increased the budget for the health sector and recruited 2,400 community health workers deployed to health centers in rural areas.

“A lot is happening, and more will come. I predict in the next six months, in fact, as I’m sitting here, another person has said they want to start the AOC (Air Operator certificate) process. Six months from here, you will see an influx of airplanes.

“Airfares will come down. It is already coming down. Initially, before, we did not have the capacity. Now, we are having the capacity. We are going to explore the routes that have not been explored. Nigerian airlines are now going to go to the West Coast. A lot is happening,” the Director General said.

Meanwhile, Fidelity Bank has

The Executive Director, Fidelity Bank, Stanley Amuchie, who spoke to journalists on the deal, emphasised the collaboration brings together local financial muscle with global technical expertise.

“Aviation is an industry where technical know-how is nonnegotiable. By bringing AFG’s sourcing capabilities together with our ability to provide structured finance, we are creating a platform that allows operators to enter the market without the burden of massive upfront capital. You pay lease rentals, you scale your business, and you own the market.”

(left), with President Bola Ahmed Tinubu during the Chadian president’s visit to the Presidential

PHOTO: GODWIN OMOIGUI

Chinedu Eze

World Bank Okays $500m Credit Facility to Boost Nigeria’s Agric Value Chains, Jobs

Targets one million smallholder farmers

Ndubuisi Francis in Abuja

The World Bank has approved a $500 million International Development Association (IDA) credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Project, aimed at increasing smallholder farmers’ productivity, strengthening agricultural value chains, and creating jobs while improving food and nutrition security.

The IDA is one of the members of the World Bank Group.

According to the global development institution, agriculture remains Nigeria’s largest source of

employment, yet low productivity, limited access to quality input, climate shocks, and weak market linkages for smallholder farmers have constrained its potential to generate better jobs and affordable food.

In a statement, it observed that many smallholder farmers remain trapped in subsistence farming, while food and nutrition insecurity continues to affect millions of Nigerians.

It said, “AGROW will support agribusinesses that commit to sourcing from smallholder farmers through a results based matching grant facility focused on aggregation, post harvest handling, value addition through agro-processing,

and improved market access.

“There will be a focus on priority value chains including rice, maize, cassava and soybeans. It will also strengthen agricultural research and extension services, expand access to improved and climate resilient seeds, and establish a national digital farm and farmer registry.

“Farmers will benefit from digital advisory services, including localized weather and climate information, to improve productivity and resilience.

“In addition, the project will improve seed and fertilizer regulatory systems, expand early generation seed supply, enhance private sector production of high-quality seed and

farmers’ access to quality fertilizer, and promote transparent and responsible land based investments.

“Strong coordination, monitoring, and citizen engagement mechanisms will support accountability and inclusion, with a particular focus on women and youth.”

In his remarks, World Bank Country Director for Nigeria, Mathew Verghis said, “AGROW is a transformative step for Nigeria’s agriculture—empowering smallholder farmers, unlocking private sector–led growth, and strengthening food security in a sustainable way.

“This project is expected to benefit

up to one million smallholder farmers, mobilize significant private investment and increase yields across targeted crops. At the same time, it will help to ensure improved food and nutrition security and greater resilience to climate shocks among farmers in the participating states across Nigeria.”

The World Bank explained that the six year project (2026–2032) is expected to raise an additional $220 million from private agribusiness investment, and aligns with Nigeria’s priority to enhance productivity, job creation and value in the agriculture sector.

It added that it is a central

component in Nigeria of the World Bank’s Agriconnect initiative to transform small-holder farming from subsistence into a commercially successful agribusiness

ADC LEADERS TO AMUPITAN: RESIGN IMMEDIATELY; INEC: CALL IS ASSAULT ON OUR INDEPENDENCE

Chuks Okocha, Onyebuchi Ezigbo and Adedayo Akinwale in Abuja

Rising in unison, leaders of African Democratic Congress (ADC), yesterday, demanded the sack of Chairman of Independent National Electoral Commission (INEC), Professor Joash Amupitan, alleging that he is planning a scheme to foist a one-party state on Nigeria ahead of the 2027 general election.

The opposition party leaders expressed their position in a speech read on their behalf by National Chairman of ADC, David Mark, at Yar’Adua Centre, Abuja.

However, in a quick push-back, INEC dismissed the call for Amupitan’s removal as a distraction and a direct assault on the independence of the national electoral umpire.

Chief Press Secretary to the INEC chairman, Adedayo Oketola, in a statement, said Amupitan did not hold office at the pleasure of any political party or interest group.

The ADC leaders condemned what they described as a calculated plot to impose a one-party state on Nigeria ahead of 2027.

Their angst stemmed from a decision by INEC on Wednesday to delist key ADC figures, including Mark, National Secretary, Rauf Aregbesola, and others from the commission’s website.

INEC, through its National Commis- sioner and Chairman of Information and Voter Education Committee, Mohammed Haruna, stated that the decision was in compliance with an appeal court order directing the commission to maintain the status quo pending the determination of a suit by the trial court.

But the ADC leaders accused the ruling All Progressives Congress (APC) of using INEC to weaken the opposition parties.

Flanked by former Vice President Atiku Abuba-kar; 2023 Labour Party (LP) presidential candidate, Peter Obi; former Governor of Kano State, Rabiu Kwankwaso; former Osun State governor, Rauf Aregbesola; former Governor of Rivers State, Chibuike Amaechi; and other party chieftains, Mark demanded the sack of the chairman of INEC for planning a one-party state in Nigeria.

In the speech read by Mark at Yar’Adua Centre, the ADC leaders demanded the immediate sack of Amupitan over alleged bias and unlawful actions, saying he is incapable of delivering credible and transparent elections in 2027.

ADC had faced recurring leadership crisis since 2025, following the emergence of a new National Working Committee (NWC) led by Mark in July 2025.

The crisis stemmed from disagree- ments over the tenure of a former national chairman of the party, Ralph Nwosu, whose term officially ended in August 2022.

However, Nwosu was involved in

facilitating the 2025 leadership transition, a move that triggered opposition from groups within the party.

The dispute escalated as rival groups laid claim to the party’s leadership, resulting in multiple court cases. This created uncertainty within ADC, raising concerns that the internal conflict could weaken its preparedness for the 2027 generalMarkelection. and the other APC chieftains said over the past three years, there had been a sustained attack on the freedom of association, a core principle guaranteed in any democracy.

The ADC chairman alleged that the aim was to engineer a situation where, by 2027, President Bola Tinubu, would be the sole viable choice for Nigerians, despite the prevailing hardship and escalating insecurity across the country.

He stated, “The agenda is very clear: to create a situation where, in 2027, President Bola Ahmed Tinubu emerges as the only option left for the people, despite the widespread suffering and wanton killings going on across the country.

“The twin challenge of deepening poverty and a worsening security situation in the country did not just happen. They are direct consequences of the failure of this government.

“They know that Nigerians will not want this to continue. They know Nigerians will vote them out. This is why they would do anything to hang on to power by hook or crook.”

Mark stated that their decision to join ADC was deliberate, stating that they carried out thorough due diligence

He stated , “In furtherance of this process, a NEC meeting was convened on July 29th, 2025, monitored by INEC officials. One of the conclusions of that NEC meeting was the dissolution of the National Working Committee of the party and the ratification of a caretaker committee to take over the affairs of the party, with my humble self, David Mark, as the National Chairman; Ogbeni Rauf Aregbesola as the National Secretary; as well as others who have since been serving as officers of the party.”

The ADC national chairman explained further, “In addition to witnessing this process that brought in the new leadership of the party, a formal report of these resolutions was subsequently communicated to the Independent National Electoral Commission (INEC). On September 9th, 2025, INEC then uploaded the names of the relevant NWC members of the party, based on the NEC resolutions.

“One of the officials in the dissolved NWC was Nafiu Bala, who was one of the Deputy National Chairmen of the party. It is on record that Gombe resigned from this position on 17th May, 2025.

“His resignation was also duly transmitted to INEC on the 12th of August, 2025. Regardless of his resignation, he decided to approach the courts on September 2nd, 2025, four clear

months after his resignation, seeking to be recognised as the Chairman of the ADC.”

Mark said by September 2, when Bala went to court, INEC was already aware of the July 29 inauguration of the party’s leadership and Gombe’s priorHeresignation. added that while the case was ongoing, their lawyers challenged the Federal High Court’s jurisdiction, but the Court of Appeal dismissed the appeal and directed all parties, including INEC, to maintain the status quo ante bellum.

Mark continued, “The crux of the matter is the interpretation of what constitutes status quo ante bellum, which the Court of Appeal directed should be maintained. From all authoritative counsel at our disposal, there is no legal interpretation or precedent that could possibly lead to the outcome that INEC seeks to foist on our party.

“Based on its press statement of yesterday, INEC is pretending to be confused as to what constitutes the status quo ante bellum. If this were so, under the circumstances, what one would have expected was for INEC to approach the Court of Appeal to request a judicial interpretation of what truly represents the status quo under the circumstances

“But it did not do this. While posturing to be neutral, its actions confirm that it has become irredeemably partisan, working, as it were, towards a preconceived agenda.”

Mark stated, “With its action, INEC has left no one in doubt that it has chosen the path of dishonour and has become complicit in undermining Nigeria’s democracy. It can therefore no longer be trusted.

“What we say, in essence, is this: INEC cannot choose to fix the status quo

Only a handful of institutions, including Union, Keystone, and Polaris, remain under regulatory or judicial review as they complete the process.

Speaking on the Global Business Report on Arise News, Director of Banking Sector Supervision at CBN, Dr. Olubukola Akinwunmi, noted that customers of these banks can continue to carry out transactions safely.

He said: “It is very important that we first indicate to all Nigerians that these banks have the capacity to raise the required capital, and they are in the process of raising the capital, the likes of Union Bank, Keystone, Polaris. However, where there are judicial or regulatory processes to be addressed before that can be concluded, it is appropriate. And of course, as an institution that supports the rule of law, we consider it necessary.

“The governor mentioned this in his last MPC (Monetary Policy

from the day it took the administrative action to upload the names of the new ADC officials on its website, because INEC does not have the power to determine for any political party who its leaders should be.

“That decision was taken on July 29th, not on September 9th. With its press release yesterday, INEC has invented a status quo that never existed, because there was no time that the African Democratic Congress did not have a duly constituted leadership.

“What INEC has done is to create a situation that, by its own curious logic, leaves the ADC without leadership. This certainly cannot be the status quo that the Court of Appeal directed should be preserved. It is an INEC invention that is not known to any Nigerian law.”

The former senate president accused INEC of acting in contempt of the Court of Appeal, describing its move as a direct attack on Nigeria’s democracy and on citizens’ rights to choose, participate, and freely exercise their civic freedoms.

He stated, “Right now, I speak to Nigerians at home and in the diaspora. I also speak directly to President Bola Ahmed Tinubu: with 90% of the National Assembly and over 30 of Nigeria’s 36 governors in the APC, President Tinubu, what are you afraid of?

“If you are convinced that you have done well for the people who voted for you, why are you afraid of a free, fair, and transparent electoral contest? If you are indeed the democrat that you claim to be, why are you bent on destroying all opposition political parties?

“It is important to state the net implications of this decision taken by INEC, in case they had not thought of it, or they just do not care: First, by

Committee) press briefing, that these banks are fully operational. Nigerians are free to go in there, transact their businesses.

“They don’t need to panic or withdraw or close their accounts.

The Central Bank of Nigeria continues to monitor these banks closely, and once any judicial processes are concluded, they will complete the recapitalisation process.”

Akinwunmi also highlighted the sector’s resilience through Capital Adequacy Ratios (CAR) a key prudential measure that ensures banks maintain enough capital to absorb lending risks.

“For Nigeria, we are well above international standards. The Basel standard is about 8 per cent. In Nigeria, national and regional banks are expected to maintain 10 per cent CAR, while banks with international authorisations are required to maintain 15 per cent,” he said.

He explained the importance

attempting to subvert the leadership of the ADC, INEC has already undermined our participation in the Osun and Ekiti elections taking place later this year.”

Mark said, “Secondly, we have our congresses starting on the 9th of April, 2026, ending with our convention on the 14th of April, 2026. We have given due notice to INEC, and they have acknowledged receipt of that notice. This is what the law requires of us. Let us sound a note of warning.

‘This INEC under Professor Joash Amupitan will be held directly responsible for whatever actions or reactions follow this criminal path that it has chosen to take.

“We demand the immediate resigna- tion or sack of the INEC Chairman, Professor Amupitan, and all the National Commissioners. We no longer have confidence in them. We are convinced that they are incapable of conducting any credible election.”

Mark stated that ADC, under his leadership, will continue with its party activities, maintaining that there is no legal provision that makes INEC’s presence compulsory.

Abdullahi: ADC Will Proceed with Congresses, Conven-tion in Spite of INEC’s New Stance

ADC insisted the party will go ahead with its planned congresses and national convention, despite the position of INEC on the party’s leadership dispute.

Speaking during an appearance on Arise TV yesterday, National Publicity Secretary of ADC, Bolaji Abdullahi, said the party had already given INEC the required 21-day notice for the activities, insisting that the

of stress testing, which simulates potential shocks to banks’ loan portfolios: “The stress testing framework requires banks to create scenarios where deterioration in their loan books could occur.

“If any shock domestic or external affects households, consumers, or businesses, and impacts their ability to repay, the bank may be exposed to losses. The intent is to ensure banks proactively manage capital, maintain adequacy, and sustain resilience,” he explained.

These measures, he said, are designed to give depositors, businesses, and international investors’ confidence that Nigeria’s banking system remains stable, sound, resilient, and open for business.

Addressing global uncertainties and their impact on Nigerian banks, he added: “Nigerians should know that our banks have been weathering shocks in a very positive way over the last three to five years. Especially in the last two years, banks have

process would continue regardless of the commission’s participation.

“We have given INEC 21 days’ notice. They have accepted the notice. So, whether they come or not, we’ll continue with our congresses. And we will go on with our convention,” he said.

Abdullahi alleged that the commission’s decision was influenced by pressure from the federal government, alleging that there are efforts to weaken opposition parties and tilt the political landscape ahead of the 2027 elections. He also criticised INEC’s planned voter revalidation exercise, describing it as ill-timed and capable of creating confusion within the electoral process.

The ADC spokesman said, “Today, INEC has been bamboozled. INEC has been intimidated. INEC has succumbed to intimidation and they are determined to coronate President Bola Tinubu.

“When we keep saying that there’s a plan to make President Bola Tinubu the only candidate on the ballot in 2027, people think we’re being hysteric. They think we’re just bandying conspiracy theory.

“Getting people to register to vote is difficult enough. Asking every single person that has a voter card to go back to their polling units to revalidate those cards a few months to the election is just plain anarchy. All this points to INEC trying to create chaos.”

Calls for Amupitan’s Removal Distraction, Assault on Our Independence, States INEC

INEC described the call for removal of Amupitan by ADC as a distraction and a direct assault on the independence

Continued on page 36

been raising capital.

“When we had shocks to the global supply chain in 2024 and 2025, including the US-Iran war, the recapitalisation programme enabled banks to create adequate buffers that would not impair their ability to continue in business.

“Domestically, banks were able to exit forbearance because they had raised adequate capital. The risk-based capital requirements coupled with stress testing frameworks ensure that, no matter the economic headwinds in the future, banks are appropriately positioned with adequate buffers.”

Besides, the CBN has inaugurated a high-level Payment Service Providers Committee, in a move aimed at tightening regulatory coordination, accelerating industry reforms, and resolving long-standing bottlenecks in Nigeria’s fast-evolving digital payments ecosystem.

Continued on page 35

CBN: UNION, KEYSTONE, POLARIS BANKS WILL MEET CAPITAL THRESHOLD, ACTIVELY RAISING FUNDS

Mathew Verghis

Politics

Acting Group Politics Edito r DEJI ELUMOYE

Email: deji.elumoye @thisdaylive.com

08033025611 s M s O n LY

MOB: The Making of a Political Rallying-point

as Leader of the 10th Senate, Michael Opeyemi Bamidele, continues to play the role of a bridge builder and stabilysing factor within the red chambers of the National assembly and among the various political strata of the ruling all Progressives Congress in Ekiti State, Raheem Akingbolu reckons that the ranking Senator has painstakingly maximised both the administrative and legislative experiences he garnered over the years.

The Senator representing the people of Ekiti Central Senatorial District in the Senate, Michael Opeyemi Bamidele, has come a long way. From student union leadership and pro-democratic struggle, MOB, as he is fondly called, warmed himself into the hearts of leaders of thought, especially during the NADECO days, including the current President of the Federal Republic of Nigeria, Asiwaju Bola Tinubu.

By the time Nigeria would return to democracy, Bamidele had become a strong voice among the emerging leaders of the era. As someone gifted in the art of recognising talents and assets, Tinubu, as governor in 1999 soon drew Bamidele closer and that opened channels of opportunity for the Ekiti born human right activist to prove his mettle in Lagos political environment. Under Tinubu and his successor, Babatunde Raji Fashola, Bamidele served as both Special Adviser and Commissioner.

Perhaps because of his experience while growing up in Ekiti and the determination to contribute his quota, Bamidele diplomatically turned his back against the alluring political patronage he enjoyed in Lagos and came to his home state. The rest his history.

Between his strategic transition from the Lagos political powerhouse and his current standing as a titan in the Red Chamber, Bamidele’s journey has been defined by a rare blend of ideological consistency and administrative grit.

His return to Ekiti was not merely a change of geography but a homecoming of purpose, a mission to transplant the ‘Lagos Blueprint’ of excellence into the hilly terrain of his forefathers. Since stepping into the hallowed chambers, MOB has evolved from a representative of a district to a custodian of national stability. As the Senate Leader, he has become the vital tissue connecting the Executive’s ‘Renewed Hope’ agenda with the legislative realities of the 10th Assembly.

His leadership style is devoid of the usual friction; instead, he employs a ‘soft-power’ diplomacy that ensures executive bills are not just passed, but are thoroughly refined to meet the yearnings of the Nigerian people.

The path has not been without its thorns. Bamidele’s political narrative is one of survival and institutional loyalty. Having navigated the treacherous waters of partisan shifts and even surviving a near-fatal assassination attempt during a 2018 rally, his story resonates with the Ekiti electorate as one of divine grace and unbreakable will.

This resilience has transformed him into a “Political Rallying Point” and as a leader who has bled for the cause and remains standing to lead the charge; no wonder no one has courage to contest against him in his constituency for the next general elections.

What truly sets MOB apart in the current political landscape is his role as a mentor and stabilizer within the All Progressives Congress (APC).

For the veterans, he is the trusted ally who speaks the language of the NADECO struggle and understands the foundational values of the progressives.

For the youth, he represents the possibility of meritocracy as a student leader who rose through the ranks via intellectual contribution rather than mere entitlement.

Perhaps the most attractive part of MOB’s contribution to Ekiti development is the support he is daily giving to Governor Biodun Oyebanji. As a result of his relationship with President Tinubu and the Lagos political bloc, Bamide enjoys some political privileges but he has never allowed such to go to his head, rather he has leveraged and collaborate with the governor to ensure Ekiti gets the best in all areas of development. This is evident in the number of doors both leaders have opened together in the interest of their dear state.

And as the Majority Leader of the 10th Senate,

Bamidele was said to have been instrumental in driving impactful legislative activities. According to available information, under his leadership, the Senate has recorded a significant increase in bill introductions, with 983 bills introduced in two years, representing a 6% rise. The record has also shown that the brilliant Senator has also emphasized the need for constitutional reform to correct structural imbalances in the federation and urged Nigerians to participate in nation-building efforts

In his Ekiti Central Senatorial District, Bamidele has redefined representation and set a high standard for future leaders. Aside from instituting a Mega Empowerment Programme, which has impacted over 5,000 beneficiaries, providing them with tools to boost their enterprises, he has made a significant stride in the area of provision of capital projects with markets, schools, hospital equipment and roads to show for it. The peak of this was the facilitation of the establishment of the Federal

University of Technology and Environmental Sciences in Iyin-Ekiti (FUTES), an institution aimed at turning the district into an educational hub.

Meanwhile, for Ekiti, Bamidele is the strategic envoy in Abuja, ensuring that the state’s interests are not just heard but are prioritized in the national scheme of distribution.

Despite his high-ranking office in the nation’s capital, Bamidele remains remarkably ‘Ekiti-centric.’ His constituency projects are not mere tokenism; they are targeted interventions in healthcare, rural electrification, and educational empowerment.

By maintaining this visceral connection to the grassroots, he has effectively demystified the office of the Senate Leader, proving that one can be a national player without losing the common touch.

Speaking on the colourful politician and his numerous achievements, one of his loyal associates, Hon. Sola Fakanle said he was not surprised that MOB is doing what he’s currently doing because he (Fakanle) knew how dear Opeyemi held Ekiti to his heart.

According to him, “MOB is not just a politician but also a humanist who wants the best for mankind. He tells anybody who cares to listen that he loves Nigeria and he loves Ekiti in particular. Above all, he has capacity and intellectual wherewithal to navigate through politics and community development. Value attracts value, and that explains why both leaders (Governor Oyebanji and MOB) key in on how best to lift Ekiti. Indeed, with President Bola Tinubu in the central and Governor Oyebanji and our own MOB in the state and National Assembly, respectively, I can say we are indeed blessed in Ekiti”

As the 2026 gubernatorial election gathers momentum in Ekiti, Michael Opeyemi Bamidele stands not just as a ranking Senator, but as the intellectual heartbeat of Ekiti politics, which is bridge builder whose influence spans the distance between the streets of Ado-Ekiti and the corridors of the Presidential Villa.

Can Seriake Dickson be another Tinubu?

Etim Etim writes on the recent registration of Nigeria democratic Congress (NdC) as the newest party and wonders if its founder, Senator Henry Seriake dickson has what it takes to create a national platform

Senator Henry Seriake Dickson has formed a political party known as Nigeria Democratic Party (NDC) and he has resigned from PDP and taken up the role of National Leader of NDC. The party was registered in February by INEC and its first National Executive Council (NEC) meeting was held last week, a month after its registration. New protem leaders of the party were appointed by the NEC, and they are Senator Moses Cleopas, National Chairman and Barr. Ikenna Alex-Morgan Enekweizu, National Secretary. Disckson has spoken of how he will make NDC different in both ideology and governance. From all indications, he would want to build and nurture NDC into a formidable national platform just as President Bola Tinubu created Alliance for Democracy (AD), with other like-minded leaders, in 1998 and built it into a party that won the 2015 presidential elections. But can Dickson achieve the same feat? The prospects are daunting. A few things that worked for Tinubu in those early days which conduced to the thriving of his political party are absent now. AD was a regional party with a base in the South West of Nigeria. In a press interview soon after he handed over power, Gen. Abdulsalami revealed that AD did not meet some of the basic requirements for registration as a political party, but the military government broke the rules and approved its registration as one of the three

registered parties just to appease the Yoruba for their loss during the IBB-Abacha era. And trust the Yoruba for their ‘’ntiwatiwa’’ (this is our own) mentality, AD ended up winning governorship elections in all of the six SW states in 1999, producing the following governors: Lagos (Bola Tinubu); Ogun (Segun Osoba); Ondo (Ade Adefarati); Osun (Bisi Akande); Lam Adesina (Oyo) and Ekiti (Niyi Adebayo). So in less than one year of its creation, AD had six governors and many other elected officials. It was a big financial and moral boost for the party.

Dickson does not have that type of fortune

and the circumstances of NDC’s birth are different. Although NDC was registered just about a year to the general elections just as AD was, it is doubtful that it would win the governorship election in his native Bayelsa, talk less of the six regional states. The governor of Bayelsa, Douye Diri, is Dickson’s protégé who defected from PDP to APC last year, to the utter disappointment of Dickson. The governorship election in Bayelsa next year will thus be a fight between Dickson and Diri. If Dickson is defeated, it would be a great psychological blow to him and NDC might just suffer a stillbirth. APGA was founded by the late Emeka Odumegwu Ojukwu in 2002 and the following year, Peter Obi emerged its first elected governor. Since then the party has won all governorship elections in Anambra, the home state of its founder. That’s why the party is still alive, sometimes winning legislative elections in other South East states. Dickson will have to fund his party and its activities by himself until such a time the party will win a governorship race; and in Nigeria, it is the governors that fund and sustain political parties. Bayelsa’s election will be interesting to watch.

-Etim writes from Abuja

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

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

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

GUIDE TO DATA:

Date: All fund prices are quoted in Naira as at 1 April 2026, unless otherwise stated.

Offer

NCAA Calls for Adoption of PPP to Close Infrastructural Gaps in Aviation Development

The Director General of the Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, has stressed the need for effective participation of the private sector players in order to achieve rapid growth and transformation in the aviation industry.

Speaking at the maiden Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, in Lagos, Najomo said Public Private Partnership (PPP) remained

the key to Nigeria’s economic transformation and suggested that there should be regulatory and market confidence in the PPP arrangement.

According to the director general, aviation is more than transportation because it is a catalyst for trade, tourism, investment, and national integration.

“For Nigeria, Africa’s largest economy and one of its most dynamic markets, the aviation sector holds immense promise. Yet, unlocking this potential requires more than

infrastructure; it demands trust. Trust in our regulatory systems. Trust in our policies. And trust in the long-term viability of investments,” he said.

Najomo insisted that without private sector investment in the aviation industry, it would not meet its development targets, adding that currently, the aviation sector is ranked very low in terms of infrastructure development.

“Nigeria is currently confronted with a significant

infrastructure deficit that continues to constrain economic growth and development. Accordingly, Nigeria ranks near the bottom among African countries, with an Africa Infrastructure Development Index (AIDI) score of 25.70, which highlights the urgent need for large-scale infrastructure investment.

“Despite the need, Nigeria’s infrastructure stock remained around 30 per cent of GDP, which is significantly below the global benchmark of approximately 70 per cent,

indicating underinvestment that is relative to economic size, with an estimated infrastructure deficit of over $2.3 trillion. Public financing alone has proven insufficient to meet these demands,” he noted.

Najomo stated that PublicPrivate-Partnerships are not just financing tools; they are engines of efficiency, innovation, and risk-sharing.

He noted that in aviation, PPPs enable modernization of airport infrastructure, improved operational

efficiency, enhanced passenger experience, and access to global best practices and technology.

Najomo added that Nigeria’s growing population, expanding middle class, and increasing regional connectivity make the aviation market one of the most attractive in Africa.

“However, capital follows confidence, and confidence follows clarity, consistency, and credibility,” he further said.

The story continues online on www.thisdaylive.com

L-R: Member, House of Representatives Committee on Maritime Safety, Education and Administration; Shehu Dalhatu; Member of the Committee, Salisu Yusuf; Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dayo Mobereola; Chairperson of the Committee, Khadija Bukar Abba Ibrahim and a member, Munachim Ikechi Alozie during NIMASA’s 2026 budget defence with the House of Representatives Committee in Abuja… recently

emma Okonji

Following the earlier directive issued by the Nigerian Communications Commission (NCC), mandating telecoms operators (Telcos) to provide compensation to telecoms subscribers for poor service quality experienced within specific locations, the commission has paid a visit to major telecoms operators in Lagos, demanding for

improved service quality across networks.

During the visit, NCC stressed that telcos would be accountable for every drop in service quality across all the networks.

NCC however appealed to telecoms subscribers to exercise patience with the sector, assuring subscribers that all efforts are being made to improve service quality delivery in the country.

The Executive Vice Chairman of NCC, Dr. Aminu Maida, who was part of the NCC delegation, led by its Board Chairman, Idris Olorunnimbe, gave the assurance, while briefing journalists during the visit.

The delegation visited MTN office, Airtel Data Centre, Glo Switching Station, and Open Access Data Centre (WIOCC Group), all located in Lagos, accompanied by some

members of the Association of Licensed Telecoms Operators of Nigeria (ALTON), the umbrella body for all licensed telecoms operators in Nigeria.

Although Maida appreciated the efforts of the operators thus far, he however demanded for more strategies in improving telephone service quality in Nigeria.

“Telecoms operators will be held more accountable in this dispensation. We

need to build more trust in the system. Customers must trust the system. To enhance service quality across networks, there should be more sector investments in order to extend telecoms services to underserved and unserved communities in the country,” Maida said.

“We understand that Nigerians are yearning for better services, and we know that improved service requires strong infrastructure. While we are not yet where we want to be, what I’ve seen in this visit reassures me that operators are continuing to invest significantly.

The story continues online on www.thisdaylive.com

At MTN office and Airtel Data Centre, Maida commended series of investments by operators but demanded for more investments.

chinedu eze

NANTA Condemns Sales of Tickets in Dollars

Stories by Chinedu Eze

The National Association of Nigeria Travel Agencies (NANTA) has condemned the decision of some foreign airlines to sell their tickets only in dollars, insisting that such practice is inimical to Nigeria’s economic interest

The President of NANTA, Yinka Folami, excoriated the actions of the airlines for the exclusion of the naira from international travel transactions, describing it as a breach of the country’s legal tender laws.

Folami spoke in Lagos at a press conference to mark the 50 years of NANTA, noting that even if Bilateral

Air Service Agreements (BASA) and commercial air agreements signed between Nigeria and those foreign airlines allowed them to sell tickets in dollars it is not in exclusion of the naira.

The NANTA President emphasised that these frameworks were intended to provide payment alternatives—not to serve as a legal shield for the total rejection of the Nigerian currency.

He said that the insistence of some foreign airlines to sell tickets in dollars has created a barrier for local travellers and undermined the integrity of the domestic financial ecosystem.

He therefore called for a balanced regulatory approach that protects the naira’s status as the primary medium of exchange, remarking that it was sad that airlines were insisting on the US dollar sales despite government’s successful fiscal direction and reforms.

“It is disrespectful when you exclude naira from the transaction. It is wrong,” the NANTA President said.

Folami expressed concern over visa restriction to Nigerian travellers and increasing global distrust, noting that the growing airline debit memos could kill businesses.

COSCHARIS Pledges to Deliver Consistent Value for Stakeholders

Members of Board of Directors of all the Companies within the Coscharis Group all over the globe came out from their annual strategy retreat session recently held in Lagos with a business resolution to remain focused on delivering value to their numerous stakeholders across all the business sectors where they operate.

In his opening remarks, the Group Chairman, Dr. Cosmas Maduka challenged the leaders of various group of companies present to focus and come up with realistic strategies that will not only sustain the growth but deliver the future of the businesses that will remain relevant to the market in the future.

According to him, “we

cannot afford to be comfortable with our present historical growth across all our businesses but to challenge ourselves to achieve our full potential and capacity that must deliver futuristic value propositions for our customers that will secure their loyalty that will be sustainable over the years. We must be dynamic in our approach. We must be innovative. We must acquire new skills to show capacities and capabilities to remain relevant in delivering the value chain to our numerous stakeholders.

Coscharis must continue to take its right position to think beyond Nigeria and build globally relevant solutions

leveraging on the pedigree we have built over the decades representing globally respected iconic brands across Africa and beyond.

This will now reassure our customers to remain loyal as they are guaranteed sustainable value for their money with an organization that is timeless in its relevance as is stated in our vision statement.”

While giving his closing remarks, the Deputy Group Managing Director, Coscharis Group, Mr. Fred Amobi posited that the aftermath of the retreat should be a catalyst to taking the Coscharis brand into the next phase of its growth as part of the mid – term strategic projections.

Air WAtCh

Rising Conflict over Agency Debit Memos

There is a growing conflict between international airlines and travel agencies in Nigeria, which has to do with Agency Debit Memo (ADM), a kind of deterrent measure against agents who violate the booking process.

It is a formal document issued by airlines to travel agents through Billings and Settlement Plan (BSP) whereby airlines are penalised by billing them to deter them from violating the booking process.

The travel agents on the other hand accuse airlines of using the system to rip them off, arguing that the airlines can use technology to remove false bookings from their system.

“So, we’re bringing this up simply because we want to educate both the airlines and the partners, to let them see some of the new technologies available in the industry and globally, which can help save our partner’s rental income. And also for the partners, to be aware of what to do to avoid losing money,” Ikotun said.

He also alleged that some airlines might be using the punitive system as revenue generating window because these airlines appointed agents that bill the travel agencies and generate funds from them.

“Those agencies that are handling the process for the airlines are going to be paid based on whatever is possible (generated). Sometimes the ADMs aren’t even valid, even though there’s a window for us to distribute them.” Ikotun added.

NSIB, Sierra Leone Reach Deal on Data Sharing, Capacity

The Nigerian Safety Investigation Bureau and the Sierra Leone Aircraft Accident and Incident Investigation Bureau have reached an agreement to expand cooperation in data

Building

sharing, joint investigations, and structured training aimed at improving aviation safety outcomes.

The agreement was signed at the NSIB headquarters in Abuja and witnessed by members of the management teams of both institutions.

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NSIB said that at the core of the MoU is a structured framework for collaboration, enabling both organisations to conduct joint investigations, exchange expertise, and support each other in improving aviation safety outcomes across their jurisdictions. Under its provisions, the parties will engage in training programmes, secondment of investigators, and the sharing of safety data and technical knowledge.

The partnership also extends to flight recorder analysis, access to investigative equipment, and participation in each other’s investigations

as accredited representatives, in line with international aviation standards.

Director General of the Nigerian Safety Investigation Bureau, Captain Alex Badeh Jr, said the partnership would reflect a shared commitment to strengthening investigative capacity and improving safety across the region.

“This partnership reflects our collective commitment to maintaining high standards in aviation safety investigation across West Africa. It creates a clear pathway for deeper cooperation between Nigeria and Sierra Leone, strengthening the systems of both institutions.

When investigators share knowledge, tools, and experience, response time improves, findings become more precise, and the focus remains on preventing future occurrences. That is what this partnership is designed to achieve,” Badeh said.

It is estimated that in 2025, travel agencies in Nigeria lost about N1 billion to the airlines, a development that compelled agents in Nigeria to insist that international carriers that operate to the country must drop the system, noting that some airlines have modern system that sieve through bookings and reject those that are false.

The issue resurfaced in Lagos at the PartnerPlus Connect Live, organised by Finchglow Travels with the theme: ‘Profit Protection & ADM Control Strategies’.

The Managing Director of Finchglow Travels, Ezekiel Ikotun, explained that Agency Debit Memo had been an official notification issued by airlines to travel agencies or booking agents. According to him, it is a charge from an airline to an agent for booking-related issues.

He described the Agency Debit Memo as huge slippage that has been existing in the last 20 years, disclosing that Finchglow alone has lost about N70 million in one year to the system.

He said that the matter must have to be reviewed by airlines because travellers have become price sensitive and their behaviour has changed, so every penny counts.

“Based on verified, validated statistics, by the end of 2025, the industry lost not less than N1 billion to the ADM. And when you trace some of the things that have been put in place, it can be avoided. We have airlines that don’t even hit the ADM, simply because they put structures, systems, and technologies in place to prevent it,” Ikotun said.

In other words, some airlines have sophisticated system that reject a booking request that violates the process instead of accommodating it and billing the travel agencies.

Reacting to the allegation, the Sales Manager of Ethiopian Airlines in Lagos, Adetola Alabi, denied the allegation that ADM is used by airlines to generate income and dismissed the allegation that it is a weapon used by airlines to fiscally punish travel agencies. According to her it helps to ensure that those violations do not occur in the system.

“Remember, regardless of what the agency does, the airline has paid. There’s no weapon anywhere. That’s why we try as much as possible to do all of those things that will minimise all of those costs. The travel agencies are our partners and we don’t want to bring any hardship to our partners. Number one thing is intermittent training. Number two is an upgraded software, which we have also done now, that if you do this (violate the process), it will be like a pop-up for warning.

She alleged that there could be efforts to circumvent the system while booking for tickets, hence the deterrence, disclosing that even when the system signals the booking agent (pop up) that there is an error, some ignore the signs and continue to make the booking.

“Remember again, systems are built by people and other people move to circumvent that system. Do you know that even some people, after it pops up and it warns them, they will still bypass it? It is only when the cost comes, you hear them cry. We are not weaponizing any punishment against anybody. We want to enable people to make profit and I love this game.

Chinedu Eze

King Jerry Nrialike: o n a Pan African Drive to Amplify Women’s voices through Queen of Africa

In a continent where women’s voices are often silenced, King Jerry Nrialike is emerging as a powerful force for change. as co-producer of Queen of africa, a collaborative effort by LFC International Production Limited, Uto Umuokpu anambra USa Women association, and Christian Ruart Fashion Group, New york Fashion Week Experience, he is bringing together 54 extraordinary women from across africa to compete for the prestigious title of africa’s First Lady. Queen of africa is coproduced by King Jerry Nrialike and Chief Lady Gina Orazu, President of Uto Umuokpu anambra USa Women association. With a passion for empowerment and a commitment to excellence, Nrialike is redefining what it means to be a leader in africa. With a deep understanding of africa’s complexities and a passion for women’s empowerment, Nrialike is on a mission to amplify the voices of african women. In this exclusive interview, with MArY NNAH, he shares the inspiration behind Queen of africa, his vision for the show, and what makes him believe it’s a game-changer for african women

What sparked the idea of Queen of Africa, and what’s the potential impact you’re hoping to achieve with this concept?

What inspired it was just the cry. I was tired of the cries of the people in different aspects, in the old circle, with no voice, no help, nothing.

I grew up in a place where we must support ourselves to be able to lift a voice, and without a voice, you’re nobody in Africa, in general. So this came about from a desire to assist, to serve the people.

I didn’t just start this project; it was a divine call from God. He told me, ‘My son, I want you to know that I’m going to use you to raise an Esther of this continent. A queen that can actually serve to save a lot of people, a lot of Africans who are passing through a lot of pain around the world.’

So it’s the mission that we are going to succeed in. It’s not just about me; I’m just part of the production team. I just see myself as a vessel that God is choosing to be able to unite others for us to work on this together.

So, we are really about to give back and save a lot of people and lend a voice to actually let our cry be heard.

Also, a vision can be inspired by one, but you can’t actualise that big vision alone. And that’s the reason why we are, about three producers, of this beautiful, magnificent project. So we have LFC International Production Limited, Uto Umuokpu Anambra USA Women Association.

The Uto Umuokpu women are highly respected; they are of value. They know exactly what this mission is about. And we also have Christian Ruart Fashion Group, New York Fashion Week Experience. Christian Ruart is an international producer.

We are here to serve the people. We are not here to steal from anybody; we are not here to glorify ourselves. What we want to do is serve. It’s not us serving, but the Queen serving her people. We can only build a voice and let the voice act and lead us to action. So this is what we are about. We are not just any people.

This team is powerful enough to actually sustain this project every two years. This is not a project; it is an election to win. Without your vote, your country is not going to win.

Why are you focused on empowering women and girls?

It is not just about focusing on empowering women and girls, it’s about what we call Africans. Yes, we have women, we also have children, and there’s a call to action on that aspect, too. We have men, and men go through a lot.

We know that Africa, as a continent, deserves a strong voice, beyond just individuals speaking out on specific cases. So, what we are about and what we want to do is lend our strength, unite, and have a core mission to help a lot of people who need help. We are looking at development, hospitality in general, entertainment - areas where we can make a real impact, and where things are already happening in this part of the world. Helping people is a major call to action, but apart from that, there’s a lot that we want to achieve in Africa. And women are a major part of that call to action. You know, women are a strong force; they are the major people who can actually bring this to light.

Can you share some insight into the selection process?

The selection process targets women between

25 and 40 years old. We’re looking for individuals who are articulate, beautiful, and intelligent, with a clear vision and the courage to stand up for their people. You need to be authoritative, strong, and fearless – someone who can break barriers and shatter glass ceilings. If you are not solid, you won’t make an impact. We want women who can speak out, save their people, and lead with power and conviction.

What opportunities do contestants have during the show and after the show?

The opportunities are vast and numerous. The selected queens will experience a lot, gaining exposure and benefits from our sponsors, enjoying perks and freebies, and serving as proud ambassadors of their countries. Being an ambassador is a significant role – they will be icons, celebrated and voted for by their nations, representing their countries on a grand stage. They will also represent the Queen of Africa in their respective countries, acting as our major directors and points of contact for future seasons. This strategic partnership will enable us to channel help and benevolence effectively, making it easier to achieve our goals. With a dedicated office and a traveling queen, we’ll be able to visit African countries, meet with people, and provide assistance where it’s needed most – because, truly, Africans need help, and we’re committed to making a difference.

What important message do you have to send out to sponsors and participants?

One thing you must know is that without sponsors, it’s difficult, but we’re going to get there. We need sponsors to act, to move, and to take up space – sponsors who understand the value of a people’s cry. Right now, we have a few sponsors like Innoson Motors and Seahorse, and we have written to many others. We have our advertising agency, Insight Publicis,

which is in charge of our marketing for sponsorship. We want this to be achieved, and we are going to achieve it. We have our coordinator also looking for sponsors around the continent, so we are not only limiting ourselves to just Nigeria. But it would be a shame if, in a country that is hosting the project, major companies are not on board for sponsorship.

How affordable is the registration?

Registration is very affordable, so I’m sure you can grab a form wherever you are. This is our first season, and we are eager to help you connect with the right people and make a real impact. It’s about building, lending voices, and creating something beautiful – development, service to humanity... there’s so much to gain through Queen of Africa

What exactly is at stake for the winner of the competition?

The Queen is getting a car, courtesy of Innoson Motors, who are customizing a beautiful vehicle just for her. This is an exclusive gift, tailored to her majesty’s taste. Additionally, she will receive a star prize of $50,000, apart from the freebies and consolation prizes up for grabs. This prize package is designed to make her reign truly unforgettable.

When are you thinking of kicking off the show? Will it be based in Nigeria, and what makes someone eligible to win?

We have already launched the registration form, and it will be open for the next three months. We’re aiming to ensure we get the right candidates. The show kicks off in June and wraps up in September – that’s when it’ll hit TV screens. The form is live on our website, and screening starts in May. Nigeria’s the giant of Africa, we all know that, so it’s no surprise most of our participants are from here, but we’ve got contestants from other countries too. Queen of Africa will be broadcast on

every channel, and it’s free to watch – we want to reach as many people as possible so they can vote. It won’t be on 24/7, just a specific time slot daily, so you can catch it after work.

Contestants are coming from all over, one per country, and to qualify, you need to speak your country’s native language, plus English or French. You have to be beautiful, smart, intelligent, and have a well-rounded profile – basically, you’ve got to have that queenly presence, charisma, and poise. Know how to comport yourself, and have some creative flair – sing, act, something. But ultimately, it’s the viewers’ choice – they pick who represents Africa.

The Queen will be traveling extensively, representing Africa, meeting presidents, world leaders, and more.

When the Queen of Africa emerges at the end of the competition, what will be her core responsibility during her reign?

When the Queen of Africa is crowned, her primary role will be to serve as a global ambassador for Africa, promoting the continent’s rich culture, values, and achievements. She’ll travel widely, engaging with world leaders and advocating for African interests. As a role model, she’ll inspire young Africans and promote unity and development across the continent.

It’s an election, where people decide who becomes queen – her core responsibility will be to cater to Africans worldwide. She’s a symbol of beauty, talent, and brains, but also service to humanity. Like a president serving their people, she’ll be a voice for Africans globally, promoting unity and development. Her role is about giving back, learning, and amplifying the voices of Africans everywhere.

You said Queen of Africa isn’t a pageant. How do you select contestants before public voting? And how do you attract talented women to apply?

The screening process will be zonal, covering the four zones in Africa. But before that, we’ll be showcasing contestants on our social media handles. To qualify, you’ll need to send in a video introducing yourself after registration, followed by a walk video – we want to see your personality, how graceful you are, and your confidence. Nothing revealing, just your bold and vibrant self. We’ll be looking at your overall presence, strength, and how you carry yourself.

How are you going to balance the entertainment, luxury, and real empowerment in this experience?

We have assembled a highly skilled and experienced team, comprising creative professionals, seasoned producers, and esteemed partners. With over two decades of experience in the industry, we possess a profound understanding of the beauty, fashion, and entertainment sectors, as well as established relationships with key stakeholders. As such, we are confident that Queen of Africa will be a resounding success. Our strategic plans have been meticulously developed and will be executed in a systematic and thorough manner, ensuring the achievement of our objectives. We have a clear implementation roadmap, and each phase will be carefully planned and executed to ensure the success of this initiative. Our extensive industry experience enables us to navigate this project’s complexities with ease and deliver an exceptional outcome.

King Jerry Nrialike

Babatope Agbeyo to Receive West, Central Africa Golden Star Award in Morocco for Uplifting Society through Philanthropy

Chiemelie Ezeobi

Dr. Babatope Michael Agbeyo, Chairman of Cornfield Group, has built a reputation that stretches beyond boardrooms and balance sheets, reaching deep into communities where opportunity is often scarce.

His journey as an entrepreneur, innovator and philanthropist has earned him recognition across sectors, and now, another continental honour is set to be added to his growing list of distinctions.

At the forthcoming 19th Africa Security Watch Conference and Awards scheduled to hold from May 11 to 14, 2026, at Story Le Carrousel in Rabat, Morocco, Dr. Agbeyo will be conferred with the Golden Star Award for Upliftment of Society Through Philanthropy in West and Central Africa.

The honour, conveyed through the International Coordinator and Chief Executive Officer of Security Watch Africa Initiatives (SWAI), Patrick Agbambu, who was represented by Barrister Abbas Dada, followed what organisers described as “tedious but meticulous assessments” of his personal and professional contributions to society.

According to the organisers, the final decision to recognise Dr. Agbeyo was reached after a careful appraisal of his consistent dedication to uplifting the less privileged and his strategic investments in community development.

His commitment to human capital development and his interventions in providing essential resources to underserved populations were described as exemplary, with tangible impact on social stability and community resilience across several countries in West and Central Africa.

For many observers, the recognition is not surprising. Over the years, Dr. Agbeyo has quietly combined enterprise with social responsibility, building businesses that address practical challenges while also creating opportunities for education, employment and technological advancement.

His entrepreneurial journey began in 2005 with the incorporation of Media Concepts International, a company established to provide media products and services to diverse audiences across multiple platforms.

The success of that venture laid the foundation for the birth of Cornfield Transnational Limited

L-R: International Coordinator and Chief Executive Officer, Security Watch Africa Initiatives (SWAI), Mr. Patrick Agbambu, represented by Barrister Abbas Dada, presenting notification of the Golden Star Award for Upliftment of Society Through Philanthropy in West and Central Africa to Chairman, Cornfield Group, Dr. Babatope Michael Agbeyo, ahead of the 19th Africa Security Watch Conference and Awards scheduled for May 11 to 14, 2026, in Rabat, Morocco

in 2006, a manufacturing company that would later become known for producing innovative educational tools used by millions of students.

Through its flagship products, including patented mathematical and scientific instruments, the company has contributed to improving learning standards and reducing examination malpractice in schools across Nigeria and neighbouring countries.

Driven by a passion for technology and innovation, Dr. Agbeyo expanded further into the digital space with the establishment of Botosoft Technologies in 2011.

The company focuses on identity management, document security and brand protection solutions. Its systems are now

used to verify millions of examination candidates annually, helping educational institutions maintain credibility and integrity in assessment processes.

His business footprint continued to grow with the creation of Cornfield Foods and Beverages in 2017, a fast moving consumer goods company with presence in Europe, the Middle East and Africa.

Through these ventures, he has demonstrated a consistent ability to identify societal needs and develop practical solutions, reinforcing his reputation as a forward thinking entrepreneur.

Beyond commerce, however, it is his humanitarian work that has endeared him to many communities. Widows have received

financial support to start small businesses, students have benefited from scholarship schemes, and schools and community centres have been equipped with essential infrastructure through his philanthropic initiatives. These acts, often carried out without publicity, have transformed lives and strengthened local economies.

His contributions have also attracted recognition from institutions around the world. He holds honorary doctoral degrees in Business Management from the Federal University, Oye Ekiti, and in Entrepreneurship from Joseph Ayo Babalola University, Ikeji Arakeji.

He is also a Fellow of the Institute of Data Processing Management of Nigeria and a Fellow of the Council of the Chartered Institute of Public Resources Management and Politics in Ghana.

Over the years, he has received numerous awards acknowledging his leadership and humanitarian efforts, including the Icon of Societal Transformation Award by the ECOWAS Youth Parliament and the Global Humanitarian Award presented by Wazobia Global Media. International commendations from government officials and civic institutions in the United States have further underscored the global reach of his impact.

As preparations gather momentum for the Africa Security Watch Conference and Awards in Morocco, the event is expected to draw dignitaries and participants from across the continent, including representatives from Nigeria, Ghana, South Africa, Liberia, Kenya, The Gambia, Senegal, Cote d’Ivoire, Tanzania, Ethiopia, Namibia and Mozambique.

The conference, organised in partnership with Stellenbosch University in South Africa, is widely regarded as a major platform for recognising individuals and organisations contributing to security, development and social progress in Africa.

For Dr. Babatope Michael Agbeyo, the forthcoming honour represents more than personal recognition. It reflects a philosophy that business success should be measured not only by profit margins but also by the positive change it brings to society. As he prepares to receive the Golden Star Award in Rabat, his story continues to stand as a reminder that entrepreneurship, when guided by compassion and purpose, can become a powerful instrument for national and continental development.

Indonesian Navy ShipVisits Western Naval Command, Strengthens Nigeria-Indonesia Defence Cooperation

Chiemelie Ezeobi

The Western Naval Command of the Nigerian Navy in Apapa, Lagos, on Wednesday hosted the Indonesian Navy Ship, KRI Canopus 936, in a port visit aimed at strengthening defence cooperation between Nigeria and Indonesia.

Welcoming the delegation on behalf of Vice Admiral Idi Abbas, the Chief of the Naval Staff, the Flag Officer Commanding (FOC) Western Naval Command, Rear Admiral Abdullahi Abubakar Mustapha, said the visit reflected the growing relationship between the two countries and their naval forces.

The FOC noted that the arrival of the vessel came shortly after a previous visit by an Indonesian frigate, a development he said demonstrated sustained engagement and collaboration between both navies.

Rear Admiral Mustapha explained that the 105 metre hydrographic and oceanographic vessel possesses specialised capabilities for deep sea operations, including the use of remotely operated and autonomous underwater vehicles for exploration and data gathering.

He said such technology would be beneficial to Nigeria, particularly in improving maritime domain awareness, advancing oceanographic research, and supporting the mapping of vital underwater

in Apapa, Lagos

resources.

He further highlighted the importance of collaboration, particularly in hydrography, and expressed interest in partnerships with Nigerian Navy Ship LANA and OCHUZO during the course of the

Port Call.

The FOC also highlighted existing areas of cooperation between Nigeria and Indonesia, including officer training programmes and a 2023 letter of intent that focuses on capacity building, intelligence sharing, and equipment

acquisition.

According to him, collaboration in hydrography presents significant opportunities for Nigeria as the country continues efforts to better understand and manage its maritime environment, which contains valuable natural resources such as hydrocarbons and fisheries.

Rear Admiral Mustapha further observed similarities between maritime security challenges in the Gulf of Guinea and those in Southeast Asia, noting that both regions could benefit from sharing operational experiences, particularly in tackling piracy and enhancing maritime surveillance.

In his remarks, the Commanding Officer of KRI Canopus 936, Captain Indragiri, said the vessel was built through a partnership between Indonesia and Germany and is equipped with advanced hydrographic systems capable of operating at depths of up to 2,000 metres.

He explained that the ship departed Germany on March 14 on a 56 day voyage to Indonesia, with Lagos serving as one of five scheduled ports of call, just as he also commended the warm reception received in Nigeria and expressed confidence that cooperation between the two navies would continue to grow.

Meanwhile, further activities lined up for the visit included sporting engagements and other social interactions aimed at fostering camaraderie between personnel of both navies.

L-R: Chief Staff Officer, Western Naval Command, Rear Admiral Nnamdi Ekwom; Commanding Officer of KRI Canopus 936, Captain Indragiri; Flag Officer Commanding (FOC), Western Naval Command (WNC), Rear Admiral AA Mustapha; and Indonesian Defence Attaché to Nigeria, Colonel Aslam, during the courtesy call by Indonesian Navy ship KRI Canopus-936 to WNC

MeCure Industries Successfully Redeems N3bn Bond, Reinforces Financial Strength

Nume Ekeghe

MeCure Industries Plc, a leading pharmaceutical manufacturer in Nigeria, has announce the successful and full redemption of its N3 billion Senior Secured Bond (Series 1) issued under its N20 billion Debt Issuance Programme.

The bond, originally issued on 14th May 2021, marked the company’s debut transaction in the Nigerian capital market.

The full repayment underscores MeCure’s strong financial discipline, robust cash flow management, and commitment to meeting its obligations to investors.

Speaking on the milestone, the Chief Financial Officer of

MeCure Industries Plc, Ifedamola Oluwasegun commented: “The successful redemption of our Series 1 bond is a significant achievement for MeCure. It reflects not only our financial resilience but also the confidence that the capital markets placed in us during our debut issuance. “We are proud to have honored this obligation in full and on schedule.”

He added: “The company delivered a solid performance in 2025, driven by operational efficiency, expanded market reach, and continued investment in manufacturing capabilities. As we look ahead, we are optimistic about 2026, with a strong pipeline

of opportunities that will support sustainable growth and long-term value creation.”

Since its issuance, he said the bond has played a key role in supporting MeCure’s strategic initiatives, including capacity expansion, product development, and strengthening its distribution network across Nigeria and export markets.

“This milestone reinforces MeCure’s position as a credible and disciplined issuer in the Nigerian capital market, setting a strong foundation for future engagements with investors as the company continues to pursue its growth ambitions,” he said.

VFD Proposes N0.25 Dividend as Rights Issue Subscribers Earn Strong Returns

Kayode Tokede

The Board of Directors of VFD Group Plc has proposed a final dividend of N0.25 per share, translating to an annualised return of 10per cent for shareholders who participated in the December 2025 rights issue at N10.00 per share.

The proposed dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

The Board, therefore, maintains a balanced approach of rewarding shareholders in the short term, while retaining sufficient earnings to fund future growth and enhance overall valuation.

When VFD Group launched its rights

issue in late 2025, it provided shareholders with an opportunity to subscribe to new ordinary shares at N10.00 per share to support the Group’s next phase of expansion. In hindsight, this represented a highly attractive entry point.

“This is ultimately about trust and execution. Our shareholders backed us at a pivotal moment, and what we are demonstrating is our ability to convert that confidence into measurable value. Even before deploying the new capital, we are delivering strong returns,” said Nonso Okpala, Group Managing Director/ CEO, VFD Group.

“Beyond this performance, we are equally focused on consistency. Our ambition is to build a track record of disciplined and

sustainable dividend payments, supported by strong earnings and long-term value creation,” said Okpala.

Since the close of the rights issue, the Group’s share price has appreciated to approximately N12, reflecting a 20per cent gain year-to-date. The Board of Directors proposed a final dividend of N0.25 (25 kobo) per ordinary share for the financial year ending 31 December 2025 which amounts to a total payout of approximately N3.2 billion representing a payout ratio of 32.2per cent.

“From a capital allocation perspective, this outcome reflects both discipline and timing,” said Folajimi Adeleye, Executive Director, Finance & Investor Relations.

Terra Cube wins ADVAN’s Biggest Award – Brand of the Year

Terra Cube has emerged as the biggest winner at the 2026 Advertisers Association of Nigeria (ADVAN) Marketing Excellence Awards, clinching the highly coveted Brand of the Year title, an honour widely regarded as the highest recognition of marketing excellence in Nigeria.

The ADVAN Awards stand as the gold standard for marketing performance, celebrating brands that demonstrate outstanding strategic thinking, creativity, execution, and measurable impact. Winning the top prize is not just an achievement; it is a definitive validation of sustained marketing brilliance at the highest level.

For Terra Cube, this recognition marks the culmination of a remarkable journey

powered by consistent marketing excellence. In its debut year, the brand set the tone for its trajectory by winning Campaign of the Year at the 2023 ADVAN awards, an early signal of its disruptive potential and strategic clarity.

Speaking on the recognition, Ediri Ose-Ediale, ADVAN’s Chief Executive Officer noted that “Terra Cube exemplifies the essence of the ADVAN Awards with a strong strategy, bold execution, and measurable impact. From Campaign of the Year in 2023 to Brand of the Year in 2026, the brand reflects sustained marketing excellence. We commend the marketing team behind the brand for consistently delivering impactful campaigns and meaningful consumer connections at scale.”

Commenting on the recognition, Chief

Marketing Officer at TGI Group, Probal Bhattacharya, said: “We are delighted with this achievement, which reflects a clear and consistent brand strategy built on deep consumer understanding, strong execution, and sustained investment across all touchpoints. I commend the entire marketing team for their creativity, discipline, and commitment in bringing this vision to life.”

“Receiving this accolade for marketing excellence is a profound affirmation of the values we uphold at TGI Group. We accept this honour with immense pride, not just for our organisation, but for the partners and consumers who have championed Terra Cube from the very beginning. Their trust has been the true architect of our success.” He added

The price of OPEC basket of twelve crudes stood at $63.14 a barrel

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

OPEC DAILY BASKET PRICE As At

Stock Market Dips Marginally amid Easter Festive Period

Kayode Tokede

The Nigerian stock market experienced a mild pullback as investors lost 0.002 per cent of their investment amid the Easter festive period.

The Nigerian Exchange Limited All Share Index (NGX ASI) lost 4.66 basis points or 0.002 per cent

to close at 201,698.89 basis points. Also, market capitalisation lost N3 billion to close at N129.806 trillion.

Market breadth was broadly positive as 33 advancers outpaced 24 decliners. Unilever Nigeria recorded the highest price gain of 10 per cent to close at N103.40, per share.

Fortis Global Insurance followed with a gain of 9.82 per cent to close at N1.23,

while Multiverse Mining & Exploration up by 9.81 per cent to close at N20.15, per share.

Legend Internet rose by 9.38 per cent to close at N6.30, while Zichis Agro Allied Industries appreciated by 9.02 per cent to close at N14.14, per share.

On the other hand, John Holt led the losers’ chart by 9.91 per cent to close at N15.45, per share. Abbey

Mortgage Bank followed with a decline of 9.60 per cent to close at N8.95, while International Energy Insurance declined by 6.48 per cent to close at N3.32, per share.

Chams Holding Company depreciated by 5.30 per cent to close at N3.75, while Tantalizer declined by 5.18 per cent to close at N4.03, per share.

The total volume traded

declined by 31.33 per cent to 559.977 million units, valued at N19.263 billion, and exchanged in 49,676 deals. Transactions in the shares of Secure Electronic Technology topped the activity chart with 59.692 million shares valued at N61.129 million. Wema Bank followed with 51.966 million shares worth N1.358 billion, while VFD Group traded 36.030 million shares valued at N410.445 million.

Access Holdings traded 35.245 million shares valued at N914.833 million, while Chams Holding Company sold 30.992 million shares worth N115.030 million. Cowry Assets Management Limited stated that “in the next session, investors are likely to return with renewed appetite and position readjustments as activity resumes on Tuesday.”

PRICES FOR SECURITIES TRADED AS OF APRIL 2/26

NIGERIA REVENUE SUMMIT HOSTED BY INTERSWITCH...

L-R: Partner, Tax, KPMG, Mr. Martins Arogie; Project Manager, E Invoicing, Nigeria Revenue Service, Mr. Mohammed Bawa; Chief Financial Officer, Interswitch, Mr. Chinomso Nwachukwu; Partner, PwC, Mr. Kenneth Erikume; and Vice President, Sales and Account Management, Interswitch, Mr. Osasere Atohengbe, during the Nigeria Revenue Summit hosted by Interswitch in Abuja, yesterday

$500m World Bank Loan: Lagos Gives Own Fund Use Scorecard

As part of its transparency efforts, the Lagos State Government has presented a scorecard of its portion of $500million World Bank Loan Agreement support fund. The World Bank Loan was directly to be used on key areas of governance, primary healthcare and education.

The presentation tagged, ‘Human Capital Opportunities for Prosperity & Equity – HOPE, took place at the Lagos House, Marina was coordinated by the ministry of Economic Planning and Budget.

The implementation began from 2024 where formal approval and signing of the Subsidiary Loan Agreement was carried out.

The state government had

established a steering and technical committees to oversee the three levers which are: HOPE GOV, EDU and PHC.

As part of the implementation of the project, the presentation was witnessed by the World Bank Independent Verification Agents (IVAs) to audit the 2025 audit results.

While delivering his keynote

address, Governor Babajide Sanwo-Olu said the strategic reform initiative was designed to improve health coverage and deliver essential services to the people, especially in areas of poverty.

Sanwo-Olu noted the programme ensures that investments in these sectors are not only made, but they are efficiently managed and translated to real benefit for the

NSIA Grows Net Asset to $3.40bn, Earns N478.8bn Income in 2025

Umar-Sadiq: Looking ahead, we’re well-positioned to grow core revenue streams, maintain balance sheet resilience, deploy capital efficiently

James Emejo in Abuja Managing Director/Chief Executive, Nigeria Sovereign Investment Authority (NSIA), Mr. Aminu Umar-Sadiq, yesterday disclosed that its net asset value increased to $3.40 billion, indicating a 10.7 per cent Compound Annual Growth Rate (CAGR) while total income also increased to N478.8 billion in 2025.

He said the performance reflected 13 consecutive years of earnings and asset growth, starting with $1 billion in seed capital and an additional $1.06 billion in contributions.

In Naira terms, total assets rose 10.9 per cent year-on-year to N4.91 trillion, he said.

Umar-Sadiq, stated that the authority reported core total comprehensive income of N478.8 billion, delivering strong performance despite domestic and global macroeconomic volatility and heightened geopolitical tensions. Core operating income stood at N525.3 billion.

Core total comprehensive Income (Core TCI) rose 17.4 per cent, year on year to N478.8 billion ($320.2 million) from N408.0 billion ($190.2 million)

This remained the highest Core TCI since inception, in both Naira and US dollar terms, reflecting strong core performance among others, he noted.

In Naira terms, total assets rose 10.9 per cent year-on-year to N4.91 trillion in 2025, supported by N360.8 billion in capital contributions and N478.8 billion in core earnings.

Growth was driven by strategic

asset allocation, efficient liquidity use, a 35.8 per cent increase in investment securities, and improved returns across multiple asset classes, strengthening the balance sheet.

However, in dollar terms, the Group’s net asset value increased by 19.8 per cent, from $2.8 billion in 2024 to $3.4 billion in 2025, aided by a cumulative $241.2 million in capital injections during the year, combined with $320.2 million in net earnings from performance across core revenue streams.

The increase underscores NSIA’s capacity to preserve and grow longterm shareholder value, the authority stated.

NSIA’s profitability improved, with Return on Equity (ROE) rising to 10.3 per cent compared to 7.2 per cent in 2024.

Umar-Sadiq said the financial results reaffirmed NSIA’s strong track record in delivering financial returns, strategic national impact, and intergenerational wealth creation.

He said, “Looking ahead, NSIA is well-positioned to continue growing core revenue streams while maintaining balance sheet resilience and deploying capital efficiently. Its strategic emphasis on portfolio diversification, risk-adjusted returns, and catalytic investments will continue to drive transformative, economy-wide impact across the stabilisation, infrastructure, and future generations mandates.

He said, “In reflecting on how the institution has consistently outperformed and generated resilient

earnings, five key factors stand out.

“First is the quality of earnings. When you look at core income and total comprehensive income, both in naira and dollar terms, the institution continues to outperform annually.

“Second is execution capacity across infrastructure delivery. Whether in renewable energy through platforms like Ripple, healthcare initiatives, agriculture projects, or financial market infrastructure, NSIA combines creativity with execution to solve critical national challenges.

“Third is risk management. Despite pursuing strong returns, there is a consistent focus on downside protection to preserve value.

“Fourth is enhanced operations,

driven by data, artificial intelligence, and ESG integration, ensuring operational efficiency and sustainability.

“Fifth, and most importantly, is the quality and dedication of our people. The institution’s success is driven not only by leadership but by the commitment of staff who work daily to demonstrate what is possible within public sector institutions in Nigeria.” Return on Assets (ROA) increased to 9.9 per cent from 7.1 per cent, reflecting the resilience and effectiveness of its diversified global investment portfolio in generating stable, long-term value.

In the review period, core operating income grew to N525.3 billion ($349.1 million) from N498.0 billion ($328.5 million) in 2024.

people.

Sanwo-Olu said, “So for us in Lagos, this programme is about people, it’s about our city, about ensuring that the child has access to the right learning materials and the mother can receive quality care at our primary health institution without heavy financial burden.

“And to ensure that public resources are managed in a way that every Lagosian can see, they can understand, and they can go on to trust.

“Today’s event is therefore not only about implementation, policies, and programmes, it is about showcasing practical results, giving public awareness, and encouraging every citizen to be resilient, to take full advantage of this opportunity.

“So, this initiative is an advantage to all our children and their families. Because of the growth of employment, and the most important objective is to make sure that government works better, government plans better, government spends better and government can deliver better outcomes for all its policies and for its people.

“Under this framework, literacy has made remarkable impact. We have sustained economic performance consistently above 80% in our year-on-year success rate.”

On governance, the governor noted, “Citizen-Friendly Project Publications strengthens our medium-term expenditure framework and it helps us expand

our digital platforms including the legacy project model and other focused financial management which enables our citizens to track government spending and predict what we are doing in real-time.

“We have also an advanced workforce at the local government level through the domestication and adoption of the national type of accounts and the project facilitation workforce at 20 local government levels and we have supported it by continuous training and the provision of tools to ensure that we are sustainable at a high level of finance.”

Governor Sanwo-Olu added that in the area of primary healthcare, the administration has continued to scale up access and quality healthcare because it now has over 330 functional primary health care centres across the state.

“Many of these have been rehabilitated or upgraded under our ongoing health sector reforms including optimized centres that are giving more efficient and community-focused care. Some of these primary health centres are ensuring that more residents and especially women and children can receive timely and quality care.”

In his speech, the Commissioner for Economic Planning and Budget, Ope George, said the core objectives of the HOPE project is to strengthen financial and human resource management and improve service delivery in health, education, and in governance.

Governor Aliyu Visits New IGP, Assures More Support to Security Agencies to Combat Banditry

Governor Ahmed Aliyu of Sokoto State has assured security agencies of his administration’s continued support in their fight against banditry and other forms of criminality in the state.

He gave the assurance on Wednesday evening during a visit to the new Inspector-General of Police, Olatunji Rilwan Disu, at his office in Abuja.

Governor Aliyu stated that since assuming office, his administration has consistently provided logistics and other forms of support to security

agencies in their efforts to protect lives and property.

The governor disclosed that the administration has, from inception to date, purchased and distributed over 200 patrol vehicles to security agencies to enhance their capacity to curb banditry, particularly in areas affected by insecurity.

“We are doing this because of our strong belief that protecting the lives and property of our people is a collective responsibility, not that of the Federal Government alone.

“Mr. IGP, security is the top priority in my 9-Point Smart Innovative Agenda for our dear state. As such, we are determined to partner with the police and all relevant security agencies to further strengthen security across the state,” he added.

The governor further noted that despite the persistent nature of banditry in Sokoto State, significant progress has been made by security agencies in tackling the menace. He urged them to sustain the momentum.

He described effective intelligence

gathering and information sharing among security agencies as critical to achieving success in security operations.

Governor Aliyu also advocated stronger synergy among the various security agencies operating in the state to achieve greater success in the fight against banditry. He commended the former Commissioner of Police in the state, Ahmed Musa, for his immense contributions to the fight against insecurity.

PHOTO: KINGLEY ADEBOYE

Segun James

SANWO OLU INSPECTING NEWLY BUILT TOLU SCHOOLS COMPLEX IN AJEGUNLE...

Governor of Lagos State, Mr. Babajide Sanwo Olu (middle); Chairman, Special Committee on Rehabilitation of Public Schools (SCRPS), Mr. Hakeem Smith (second right); Special Adviser on Infrastructure, Engr. Olufemi Daramola (right); Executive Chairman, Ajeromi Ifelodun Local Government, Hon. Olalekan Olu Akindipe (second left); and Council Manager, Mr. Salam Adeyemi Tajudeen (left), during the governor’s inspection of the newly built Tolu Schools Complex in Ajegunle ahead of the inauguration, on Wednesday

EFCC Moves for Permanent Forfeiture

of 57 Properties Linked to Malami

Alex Enumah in Abuja

The Economic and Financial Crimes Commission (EFCC) has requested the Federal High Court in Abuja, to make an order for the permanent forfeiture of 57 properties allegedly linked to former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, SAN, to the federal government.

In a motion on notice for final forfeiture of the said property, the commission through its team of lawyers, led by Mr. Jibrin Okutepa, SAN, and Ekele Iheanacho, SAN, told Justice Joyce Abdulmalik that the respondents had failed to place sufficient evidence before the court, to warrant the court to vacate its earlier order for the interim forfeiture of the 57 properties.

The former AGF, his son, Abdulaziz Abubakar, wife, Hajia Bashir Asabe, Abiru’ Rahman Abubakar Malami are listed as 1st to 4th respondents in the suit marked: FHC/ABJ/CS/20/2026.

Others are Rayhaan Bustan and Agro Allied Ltd, Mountain View Gold and Jewellery Ltd, Amasdul Oil and Gas Ltd, Azbir Arena Nigeria Ltd, Meethaq Hotels Ltd as 5th to 9th respondents.

They also include Rayhaan University Ltd/GTE, Rayhaan Hotels Ltd, Zeenoor Hotels Ltd, Kawsar Ben

of Brahim, Alhaji Muktaka Usman Junju, Real Edge Agro Services Ltd as 10th to 15th respondents respectively.

The application was brought pursuant to Section 17 of the Advance Fee Fraud and Other Fraud-Related Offences Act, No. 14 of 2006.

Specifically, the commission is seeking “a final order of this honourable court forfeiting to the Federal Government of Nigeria, the properties described in the schedule below, which were found by the commission as properties reasonably suspected to be proceeds of unlawful activities.”

The application is predicated on six grounds amongst which is that the court has the statutory powers under the provisions of Section 17 of the Advance Fee Fraud and Other Fraud-Related Offences Act, 2006, to grant the reliefs being sought.

While observing that the motion is a non-conviction-based asset forfeiture, applicant submitted that the properties sought to be attached and forfeited are reasonably suspected to be proceeds of unlawful activities.

“This honourable court made an interim order forfeiting the properties to the Federal Government of Nigeria.

“The order of the honourable court has been published in a national daily, namely THISDAY Newspaper of 9th January, 2026.

“No sufficient cause has been shown

why the properties under the interim forfeiture order should not be finally forfeited to the Federal Government of Nigeria,” Okutepa argued.

In the affidavit in support of the motion, the commission claimed it received several petitions against the former minister from different organisations alleging a serious case of corruption, abuse of office and fraud.

Deponent of the affidavit, an investigating officer with the Special Duties Committee of the EFCC, Daniel Adebayo, disclosed that upon receipt

of the series of petitions, his team carried out several investigation activities which included making inquiries and receiving financial records from commercial banks and the Central Bank of Nigeria (CBN).

He added that the team invited and interviewed individuals who featured in the investigation.

He listed Malami’s lawful sources of income while he served as minister between 2015 and 2023, including salaries, allowances, estacodes, which total sums were not proportionate

to the alleged properties he illegally acquired.

“I know as a fact and verily believe the findings of the investigation, which are as follows:

“Mr. Abubakar Malami, SAN, was the Hon. Minister of Justice and Attorney General of the Federation, hereinafter referred to as HAGF, from 2015 to 2023.

“He was paid a total of N89, 664, 000.00 as salary between 2015 and 2023, whilst in office, with an average payment of N962,663.68 per month.

“He also received a severance allowance of N12, 158, 400.00 at the end of his tenure in office.

“Mr. Malami SAN was also paid estacodes allowances to cover his travel expenses whenever he travelled outside the country on official trips.

“He calculated and declared a total sum of N253, 608, 500.00 as the amount he received for the official trips between 2015 and 2023 in a letter written to the Chairman of the CCB as an addendum to his Assets Declaration Form in June 2023.

Appeal Court Affirms Judgement Barring NBC from Imposing Fines on Broadcast Stations

Alex Enumah in Abuja

The Court of Appeal in Abuja on Thursday upheld the judgement of the Federal High Court, which barred National Broadcasting Commission (NBC) from imposing fines on broadcast stations over alleged infringement of its code.

The appellate court, in a unanimous decision, affirmed the judgement of the trial court, after dismissing the appeal of NBC for being incompetent and lacking

Tinubu Appoints Shehu Aliyu as PTDF Executive Secretary

Renews appointment of Sule Abdulaziz as TCN MD/CEO

Deji Elumoye in Abuja

President Bola Tinubu has appointed Professor Shu’aibu Shehu Aliyu as Executive Secretary of the Petroleum Technology Development Fund (PTDF).

He replaces Ahmed Galadima Aminu who recently resigned to participate in the 2027 governorship election in Adamawa State.

Presidential spokesperson, Bayo Onanuga, in a press release issued on Thursday, stated the President also renewed Engineer Sule Ahmed Abdulaziz’s appointment as the Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN) for

a second and final term.

Both appointments take immediate effect.

Tinubu urged both appointees to discharge their responsibilities with diligence, integrity, and a strong sense of national service, in alignment with the Renewed Hope Agenda.

Aliyu, the new PTDF helmsman, was, until his appointment, Executive Secretary of the National Commission for Mass Literacy, Adult and Non-Formal Education. He is a distinguished academic and seasoned administrator with extensive experience in research, education, and institutional leadership.

His appointment underscores the President’s commitment to strengthening key institutions in the petroleum sector and advancing capacity development for Nigeria’s energy industry. The president expects him to leverage his wealth of experience to reposition the PTDF for greater impact in human capital development, innovation, and strategic support for the oil and gas sector in line with national priorities.

Tinubu renewed Abdulaziz’s appointment following a comprehensive assessment of his performance and leadership of the nation’s transmission network.

in merit.

As a reminder, Justice James Omotosho of the Abuja division of the Federal High Court had in a judgement delivered in 2023 declared as unlawful and unconstitutional the act of imposing fines on broadcast stations by NBC.

Dissatisfied, the commission approached the appellate court to set aside the decision of the trial court, citing, among others, lack of fair hearing.

But, in its judgement delivered on Thursday, the three-member panel of the Court of Appeal disagreed with the submissions of the appellant.

Justice Oyejoju Oyebiola

Oyewumi, who delivered the lead judgement, held that having failed to challenge the suit at the Federal High Court, NBC could not now challenge it at the Court of Appeal.

Oyewumi held that NBC’s appeal lacked merit and, subsequently, dismissed it.

The two other justices, who sat on the panel, Justice Abba Bello Mohammed and Justice Donatus Uwaezuoke Okorowo, agreed with her.

Recall that Omotosho had in the landmark judgement issued an order of perpetual injunction restraining NBC from imposing fines, henceforth, on broadcast stations in the country.

Besides, the court had also set aside the N500,000 fines imposed on March 1, 2019 on each of the 45 broadcast stations. According to the judge, NBC, not being a court of law, has no power to impose sanctions as punishment on broadcast stations. It was the position of the trial court that the NBC Code, which gave the commission the power to impose sanction, was in conflict with Section 6 of the 1999 Constitution that vested judicial power in the court of law.

Omotosho emphasised that the court would not sit idle and watch a body impose fines arbitrarily without recourse to the law.

Court Declines to Stop Senator Ireti Kingibe from ADC Activities

Justice Peter Lifu of a Federal High Court, Abuja, yesterday,turned down request to temporarily stop the Senator representing the Federal Capital Territory (FCT), Ireti Kingibe, from further participation in all activities of the African Democratic Congress (ADC), due to her alleged suspension from the party.

Justice Lifu, rather directed the plaintiffs; leaders of the ADC in Wuse Ward of the FCT, to put the senator on notice to show cause why their request should not be granted.

The judge predicated his decision on the grounds that such a request for prohibition from party activities and in political matters must be exercised judicially and judiciously, adding that justice would be met in the case of the plaintiffs only when the side of the defendant is heard on its merit, along with that of the plaintiffs.

Consequently, the judge ordered that Senator Ireti Kingibe should be served with all court processes by the plaintiffs to enable her become aware of the suit and to prepare her defence. He subsequently fixed April 20, 2026, for the plaintiffs and the serving

senator to appear before him for hearing of all applications in the matter.

Those who sued the senator in the suit marked: FHC/ABJ/ CV/539/2026 are Okezuo Godfrey Anayo and Isaiah Ojonugwa Samuel, on behalf of themselves and ward members as plaintiffs, while the senator is the sole defendant.

In their ex-parte application, the Senator was said to have been suspended on March 10, 2026 by her Wuse Ward executives following allegations of anti-party activities and disregard of the Constitution of the ADC.

Alex Enumah in Abuja

ZULUM BRINGS RELIEF FOR LT COL. PAIKO’S FAMILY...

Governor of Borno State, Prof. Babagana Umara Zulum, presenting financial assistance to the widow of Lt. Col. Abdullahi

Trump Sacks Attorney General, Pam Bondi, Replaces Her with Ex-personal Lawyer

Action

allegedly result of slowdown in

US President Donald Trump fired his Attorney General Pam Bondi yesterday and named his former personal lawyer, Todd Blanche, to serve as the acting chief of the Justice Department.

The move, which the Republican president announced in a social media post, comes amid criticism of Bondi’s handling of the Epstein files and her failure to successfully prosecute several perceived Trump political foes, a EuroNews report said.

“Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year,” Trump said on Truth Social. “Pam did a tremendous job overseeing a massive crackdown on crime across our country,” Trump stated.

prosecution of political opponents US Defence Secretary, Pete Hegseth, ousts Army Chief of Staff

Bondi “will be transitioning to a much needed and important new job in the private sector to be announced at a date in the near future,” the president said, and will be replaced on an interim basis by Blanche.

Bondi has been a staunch ally of the president but has drawn fire from some Trump supporters for her handling of the release of the Justice Department files on convicted sex offender Jeffrey Epstein, who died in a New York jail cell in 2019 while awaiting trial for sex trafficking.

The Epstein affair has been a major political liability for Trump, who was a longtime friend of the disgraced financier.

Bondi has also reportedly drawn Trump’s ire by falling short with efforts to prosecute perceived Trump opponents such as former FBI director

James Comey and New York Attorney General Letitia James.

According to The New York Times, Trump may name former Republican congressman Lee Zeldin, the head of the Environmental Protection Agency (EPA), to be the next attorney general.

In the meantime, the post will be filled by Blanche, who was one of the personal lawyers who defended Trump in the multiple criminal cases he faced after he left the White House in 2021.

Bondi’s ouster comes nearly a month after Trump fired Kristi Noem as the head of the Department of Homeland Security.

Democratic lawmakers welcomed Bondi’s firing. “Good riddance,” said Senator Elizabeth Warren of Massachusetts.

“Under Attorney General Pam

Bondi, the Department of Justice became a cesspool of corruption,” Warren said. “Bondi will be remembered for blocking the release of the Epstein files (and) weaponising the DOJ to go after Trump’s political opponents.”

Senator Mark Warner of Virginia said Bondi’s “botched handling of the Epstein files” had “denied victims transparency and further undermined trust in our justice system.”

“Americans deserve a Justice Department that is actually focused on delivering justice, not on serving a president’s agenda of personal and political self-interest,” Warner said.

Bondi joined Trump’s legal team during his first term impeachment trial, in which he was alleged to have pressured Ukrainian President Volodymyr Zelensky to find political dirt on Democrat Joe Biden.

Oxford Medical Handbook Honours Adadevoh, Nigerian Doctor Who Stopped Ebola Outbreak

Emmanuel Addeh in Abuja

One of the world’s most authoritative medical texts, the Oxford Handbook of Clinical Medicine, has formally recognised Dr Stella Adadevoh for her decisive role in preventing a widespread outbreak of Ebola virus disease in Nigeria, marking a significant moment for the country’s healthcare community.

In its latest edition, the handbook recounted how Adadevoh, during a post-take ward round in Lagos in 2014, identified Nigeria’s index Ebola case despite never having encountered the disease before. Acting swiftly, it said

Adadevoh insisted on isolating the patient, resisting mounting pressure and legal threats, in a move that would ultimately halt the virus at its entry point.

Her actions have been widely credited with preventing a major public health crisis in Africa’s most populous country. Nigeria recorded eight Ebola-related deaths, including four healthcare workers, a figure experts say could have been exponentially higher without early containment.

Adadevoh contracted the virus in the process and died on August 19, 2014. Her sacrifice, the handbook

noted, reflected a commitment to the “greater public good,” placing the safety of millions above personal risk.

The inclusion of her story in the Oxford Handbook underscored the global relevance of her actions, positioning her as a case study in clinical judgment, ethical responsibility, and crisis response. It also signalled growing recognition of contributions from African medical professionals in shaping global health outcomes.

The handbook stated: “This book chooses to celebrate Dr Ameyo Stella Adadevoh, a Nigerian physician whose diagnostic acumen protected a nation. On a post-take ward round

in Lagos in 2014, she recognised the index case of Ebola virus in Nigeria despite never having seen the disease before.

“She isolated and treated the patient des-litigation threats despite neither her hospital nor her country ready to do so and in the face of litigation threats. In order to save others, and for ‘the greater public good’ she sacrificed herself, dying from Ebola on 19 August 2014.

“Thus she protected Nigeria from a death toll far greater than eight (including four other healthcare workers to whom we also pay our deepest respects).

Trump was impeached by the Democrat-controlled House of Representatives but acquitted by the Republican-majority Senate. Bondi helped push Trump’s false claims of voter fraud after he lost the 2020 election to Biden.

She made television appearances on behalf of Trump and pushed to delegitimise vote counting in battleground states as part of the push by the former president to overturn the results of the vote.

Bondi also criticised the criminal cases brought against Trump, appearing in solidarity at his New York trial, where he was convicted of falsifying business records to cover up hush money payments to a porn star.

Bondi served as a prosecutor for 18 years before being elected Florida’s attorney general in 2010, the first woman to hold the post. She was re-elected to a second term in 2014.

Meanwhile, Defence Secretary, Pete Hegseth, has asked the Army’s Chief of Staff, Gen. Randy George, to step down from the post and retire immediately, a Pentagon official told The Hill on Thursday.

The Army did not immediately respond to The Hill’s request for comment. The Pentagon confirmed George’s retirement, who served as the Army’s 41st chief of staff.

“The Department of War is grateful for General George’s decades of service to our nation. We wish him well in his retirement,” Pentagon chief spokesperson, Sean Parnell, said in a statement.

George assumed the role, which is typically a four-year post, in September 2023 after being confirmed by the Senate; he had been serving as the Army’s vice chief of staff. George, a

career infantry officer who graduated from West Point, was nominated by former President Biden.

Since taking the helm at the Pentagon, Hegseth has fired more than a dozen senior military officers, including the Air Force Vice Chief of Staff Gen. James Slife, the head of the Defence Intelligence Agency, Lt. Gen. Jeffrey Kruse and Chief of Naval Operations, Adm. Lisa Franchetti.

The ouster of George marks another example of tension between the Pentagon head and the Army’s leadership. Hegseth ordered Army Secretary Dan Driscoll to remove one of his top advisers, Col. David Butler, who was Gen. Mark Milley’s spokesperson when he was chair of the Joint Chiefs of Staff, in February.

On Tuesday, Hegseth said the Army crew that flew two AH 64 Apache helicopters near Kid Rock’s Nashville home will not face suspension and ended the investigation into the service members. Earlier that day, the crew members were suspended by the Army and the service opened an investigation into the incident. George was commissioned from the US Military Academy as an infantry officer in 1988 and deployed in support of Desert Shield, Desert Storm, Operation Iraqi Freedom and Operation Enduring Freedom. George was the Army’s chief of staff from 2022 to 2023.

The Army’s current vice chief of staff is Gen. Christopher LaNeve, who was previously Hegseth’s military aide.

“General LaNeve — a generational leader — will help ensure the Army revives the warrior ethos, rebuilds for the modern battlefield and deters our enemies around the world,” Hegseth said of LaNeve in January.

Adamu Paiko in Minna, Niger State…recently

PHOTO: Niger State Ministry of Information

Emmanuel Addeh in Abuja

MEETING OF THE BODY OF BENCHERS...

L-R: Life Bencher, and former Attorney General of Federation and Minister of Justice , Adetokunbo Kayode (SAN); Current Chairman, Body of Benchers, HRH Albert Akpomudje (SAN); and Bencher, Chief Philip Ndubuisi Umeh (SAN), at the meeting of the Body of Benchers held in Abuja ... recently

Tinubu Orders Deployment of 5,000 AI-enabled

Digital Camera Network to Combat Insecurity in Plateau

Directs CDS, COAS and IGP to find last Sunday’s killers of innocent Nigerians Pledges govt assistance to bereaved families Meets stakeholders, orders tougher measures Atiku: It’s troubling Tinubu only stayed at the foot of his plane Catholic Church decries fresh killings in Plateau UNIJOS orders immediate evacuation of students amid rising insecurity in Jos

Deji Elumoye, Chuks Okocha, Michael Olugbode, Onyebuchi Ezigbo, Linus Aleke in Abuja, Segun Awofadeji in Bauchi, George Okoh in Makurdi and Yemi Kosoko in Jos

President Bola Tinubu on Thursday assured the people of Plateau State that the federal government will deploy an artificial intelligence-enabled network of over 5,000 digital cameras to help law enforcement agencies combat insecurity in the state.

Tinubu made the promise in an address during his visit to Jos, the Plateau State capital, in the aftermath of the March 29 gun attacks that claimed the lives of innocent citizens in the Angwan Rukuba district of Jos North Local Government Area.

He commiserated with the government and people of the state, saying, “I promise you that this experience will not repeat itself.”

Tinubu directed Minister of Defence, General Christopher Musa (Rtd), Chief of Army Staff (COAS), General Waidi Shaibu, and Inspector-General of Police (IGP), Olatunji Disu, to “unearth and find the killers” of innocent Nigerians.

He announced that Minister of Communication and Digital Economy, Bosun Tijjani, will oversee the immediate installation of the security cameras in close coordination with the Plateau State government and security agencies.

“We are going to install a network of CCTV cameras that would help law enforcement agencies identify troublemakers instantly,” the president said.

The installation will start in Jos and expand across Plateau State, building on systems already successfully deployed in Lagos and Enugu states.

Lamenting the pain caused by the latest violence, the president expressed dismay at seeing videos from Jos depicting violence.

“It is only God that can give you joy and comfort,” Tinubu told families affected by the attacks at the meeting held at the arrival lounge of Yakubu Gowon Airport, Jos.

“No amount of money can recompense for lost souls,” he added.

The president pledged that the government will do everything possible to ensure justice and provide comfort for the bereaved families.

He directed Minister of Humanitarian Affairs, Bernard Doro, to compile

comprehensive data on those affected by the violence to ensure equitable government assistance.

Addressing leaders and stakeholders, Tinubu emphasised the need for proactive measures to prevent future attacks.

He stated, ‘’Why is the past not a source of lessons to us? I have listened to Jonah Jang, Wase, Lalong, Nentawe and Governor Mutfwang.

“Governor, you and I were elected on a promise of peace and security, not to comfort and create widows and widowers. We were elected to bring prosperity and inclusiveness as a government, to share hope and aspiration with everyone, and to lead our youth.

‘’I assure our youths who are represented here that I do not want to be here consoling and commiserating — I want to be here to establish peace.”

Earlier, Governor of Plateau State, Caleb Mutfwang, said the state had enjoyed relative peace before the unfortunate incident of March 29, describing it as a temporary setback.

He commended security agencies for their ongoing efforts and expressed confidence that their interventions will continue to strengthen security.

“We will win this war against insecurity,” the governor said, adding that the current administration inherited these challenges and is taking all measures within its powers to address them.

Mutfwang also expressed gratitude to Tinubu for approving the recruitment of 1,000 forest guards to complement the state’s security efforts.

National Chairman of All Progressives Congress (APC), Professor Nentawe Yilwatda, thanked Tinubu for standing with the people of Plateau, stating that the crisis has lingered for a long time.

Yilwatda expressed hope that the president’s visit would strengthen security agencies, stem the tide of attacks, and provide comfort to bereaved families.

“We will stay back and work with our people to find a lasting solution to the problem,” he said.

Former governor of the state, Jonah Jang, echoed the request by Gbong Gwom Jos, Da Jacob Gyang Buba, and the state governor for a special meeting in Abuja to find lasting solutions to the crisis in Plateau.

Jang said, “I went through it, Joshua Dariye went through it, Simon Lalong went through it. The fact that the violence

is now leaving the villages and getting into the townships is a dimension that we do not want to see.”

He alleged that some people were attempting to sabotage the forthcoming general election and Tinubu’s achievements for the country.

“You are doing a fantastic job for the nation, and some people think they want to spoil it like this,” Jang told Tinubu.

Senator Simon Lalong, a former governor and ex-Speaker of the House of Assembly, recalled that, as a former governor, he had witnessed the state go through a state of emergency.

Lalong stated, “We thought that it was over, but it is rearing its ugly head again. Plateau is privileged. If you bring together Jonah Jang, Joshua Dariye, Simon Lalong, and Mutfwang with traditional rulers, you will find solutions to Plateau State’s problems.

“I say that because all of us went through it. The solution to this problem lies with the people of Plateau. If we are ready, we will proffer a solution to you, Mr President. That is why we suggest a closed-door meeting in Abuja, where we can say the truth.

“It is not security agencies that will bring peace — Plateau people will bring peace.”

Former Deputy Speaker of the

House of Representatives, Hon. Ahmed Idris Wase, observed that much work remained to be done to ensure lasting peace in Plateau.

Wase said many challenges stemmed from sabotage.

He called for increased collaboration between the air force and ground troops, particularly as the next farming season approached in the state.

“In Wase and Kanke alone, last week we lost over 14 people, including a Captain of the Nigerian Army,” he said.

Tinubu Backs Benue to Improve Security

Benue State Government would get support from the federal government in its effort to tackle insecurity in the state. This was disclosed by Governor Hyacinth Alia, yesterday.

Alia said Tinubu had told him he wanted absolute peace and not relative peace in Benue.

He spoke during a strategic engagement with the people of Benue, at an occasion, which served as the inauguration of local government and zonal coordinators of the Renewed Hope Ambassadors in the state, at IBB Square, Makurdi.

The governor stated, “My government is working hard to curtail the insecurity challenges facing the state.

Now people are returning home to cultivate their farms. I appreciate the security agencies for the work they do for us, and I urge Benue people to continue to support them to ensure our safety.”

He called on the people of the state to vote massively for Tinubu in the 2027 general electiion.

Charging the newly inaugurated APC, Renewed Hope Ambassadors for the state, to mobilise support for the party ahead of the 2027 election, Alia told them, “Be good ambassadors in your local governments. Take your duties seriously. I am confident you will succeed.

“You have to create full awareness about the APC at the grassroots. Project and tell the people in your localities what the party is doing to better their lot.

“I urge you and all APC members to work assiduously for the re-election of President Tinubu and me in 2027, so that there will be more development in the state.”

Atiku: Tinubu Stayed on the Plane in Jos

Former Vice President Atiku

Abubakar expressed deep concern over the handling of Tinubu’s recent visit to Plateau State, describing it as yet another troubling indication of a

pattern of detachment from the suffering of Nigerians.

In a statement by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said Tinubu only stayed at the foot of the aircraft that brought him to Jos.

He stated, ‘’The events in Plateau State have once again exposed a disturbing and unacceptable approach to national tragedy. It is both shocking and deeply insensitive that several days after the gruesome killings of innocent citizens, the president’s so-called ‘on-the-spot assessment’ was reduced to a brief stop at the foot of his aircraft, never extending beyond the airport, never reaching the grieving communities, and never touching the pain of the victims.

‘’Even more troubling is the impression that this fleeting visit was hurriedly curtailed to allow the President proceed to Lagos for the Easter holidays, a decision that reflects a deeply troubling prioritisation in the face of national grief.” Atiku said, ‘’While families continue to mourn those slaughtered on Palm Sunday, the President chose to convert what ought to have been a solemn visit into a political spectacle, meeting party loyalists in Jos under the thin guise of official engagement. This is not leadership; it is indifference dressed as protocol.

Again, Opposition Condemns Senate’s Rejection of e-Transmission of Results

Chuks Okocha in Abuja

Opposition political parties have reiterated their condemnation of Senate’s rejection of mandatory electronic transmission of election results from polling units across the country.

The position was contained in a joint statement by National Publicity Secretary of Peoples Democratic Party (PDP), Comrade Ini Ememobong; National Publicity Secretary, African Democratic Congress (ADC), Mallam Bolaji Abdulahi; and National Publicity Secretary of New Nigeria Peoples Party (NNPP), Ladipo Johnson.

The statement said, ‘’Yesterday, the Senate of the Federal Republic of Nigeria passed the amendment to the Electoral

Act 2022, wherein, among other things, it rejected the proposal to make mandatory real-time electronic transmission of results at the polling units.

‘’The grave implications of this retrogressive act by the Senate has compelled us as spokespersons of the major opposition political parties to jointly address this issue, which is capable of derailing our hard-earned democracy.’’

According to the spokesmen of the main opposition political parties, ‘’With this anti-people and anti-democratic action, we are concerned that on, the APC-led Senate may have set Nigeria’s democracy back by many decades.

“It is, therefore, not surprising that it has deservedly attracted widespread

opposition and condemnation from Nigerians across all divides.

‘’We are at a loss as to why a party that is currently deploying technology to run an e-registration of their members across the country is averse to using technology to transmit results.

‘’We, therefore, harbour no doubts about the intention of the All Progressives Congress (APC), which is in firm control of the two chambers of the National Assembly. They know Nigerians are fed up with them.

‘’They are aware of the rejection that awaits them at the forthcoming polls.

A free and fair election has therefore become a threat to them. This is why they have to preserve and protect any loopholes that could aid the

manipulation of the electoral process to their advantage.”

The statement added, ‘’However, regardless of their party affiliation, we would have expected the Senators to rise above party sentiments and act in the best interest of democracy, for which the legislature remains its most important symbol. But as usual, they failed the people they are supposed to represent.

‘’In the last election, we are witnesses to the plethora of cases where the court, especially the Supreme Court, held that there was nowhere in the principal Act, which is the Electoral Act 2022, where electronic transmission was made mandatory and therefore the act is lacking of legislative parentage.”

NATIONAL HEALTH FELLOWS GRADUATION CEREMONY...

L-R: Special Adviser to Lagos State Governor on Health, Dr. (Mrs.) Kemi Ogunyemi; Most Outstanding Graduand Fellow Cohort 1.0, Mr. Sikiru Adeola Olarionoye; Lagos State Commissioner for Health, Prof. Akin Abayomi; National SWAp Desk Coordinator, Dr. Muntaqua Umar-Sadiq; and the Permanent Secretary, Lagos State Ministry of Health, Dr. Dayo Lajide, at the National Health Fellows Graduation Ceremony for Cohort 1.0 and Onboarding of Cohort 2.0 held at Alausa, Lagos State on Wednesday

Easter: Umahi Opens One Section of Enugu-Onitsha Expressway to Ease Traffic

NSCDC deploys 57,000 personnel nationwide to secure celebrations Defence chief tasks journalists on truth, unity as NUJ seeks commitment

Minister of Works, Dave Umahi, has opened a section of Enugu-Onitsha Expressway leading to Enugu State to ease traffic along the stretch of road during the Easter celebrations. Umahi, who was at the construction site at the Enugu end of the road, told journalists that he was instructed by President Bola Tinubu to come and open the road to ease traffic for people of the South-east, who would be coming home for Easter.

The committee, inaugurated by CBN Governor, Olayemi Cardoso, brings together key regulators and licensed payment operators under a single platform, signalling a shift towards more structured engagement between the apex bank and industry players.

Deputy Governor, Economic Policy Directorate, Muhammad Abdullahi, said the initiative was designed to reinforce policy alignment, deepen knowledge sharing, and enable collective problem-solving in a sector that has become increasingly central to Nigeria’s economic growth.

Also, he noted that CBN is set to unveil a new payment systems vision within the next month, in a move aimed at shaping the trajectory of Nigeria’s fast-evolving digital finance ecosystem over the next three years.

Speaking at the inaugural meeting in Lagos yesterday, the Deputy Governor, Economic Policy Directorate, Muhammad Sani Abdullahi said: “Over the last number of years, the digital payment landscape in Nigeria has recorded remarkable growth. In 2024 alone, the system processed over 11.2 billion electronic transactions, amounting to over N1.07 quadrillion.

“This is the first time that digital payments crossed the quadrillion naira threshold, representing significant growth.

“The momentum has continued. In 2025, we’ve seen significant growth, and of course, in the first few months of 2026 as well. This is an ecosystem that is significantly growing, that has significant implications for growth in Nigeria, for inclusive growth, for trade, and

The minister, who spent time to reel out roads under construction by the Tinubu administration, said the president had given Ndigbo the

other significant positives for our country.

“It has become critical, therefore, that the Central Bank of Nigeria inaugurates this panel of this committee to reinforce policy coordination, knowledge sharing, and ensure collective problem-solving by the industry itself and by the central bank.”

The committee includes participation from regulators such as the Nigerian Communications Commission (NCC), Nigeria Deposit Insurance Corporation (NDIC), and the Securities and Exchange Commission (SEC), and will meet quarterly to deliberate on emerging issues and policy priorities within the payments space.

He explained that prior to the committee’s establishment, engagement between operators and regulators was often fragmented, relying on supervisory processes that could slow response times.

The new framework, he noted, is expected to deliver faster resolution of issues and more proactive policy development.

Speaking on new payment systems vision, he said: “In about a month from today, we’ll be launching a new payment systems vision that really outlines where we see the entire ecosystem going in the next three years.

“That vision has been co-created together with the financial technology players, the mobile money operators, payment service providers across the board.

“And so what you’re really going to see over the next couple of years is significant growth in the system, growth that is inclusive, that ensures that many more Nigerians are able

Biafra they sought through massive infrastructure in the zone.

He stated, “This is the most important road in the South-east. It was inherited under MTN tax credit, and everything was on standstill until I went to cry out to Bola Tinubu. He directed that 50 per cent of it be like Lagos-Calabar coastal road.

“Before now, it used to take up

to use digital financial services to alleviate poverty, to provide growth, to do their businesses.

“This will ensure that Nigeria continues to play a leading role in this space in a way that also avoids and takes care of fraud-related practices and money laundering or terrorism financing, to ensure that Nigeria continues to stay off the grey list and continues to advance in our financial stability space.”

Beyond growth, regulators are also sharpening focus on system integrity and risk management.

Deputy Governor, Financial System Stability, Philip Ikeazor, said new policies on automated anti-money laundering and fraud controls would be deployed across banks and payment service providers to strengthen safeguards.

He said: “In mitigating the risks associated and the extent of fraud, I think we are all aware that the fraud numbers dropped between 2024 and 2025 by 50 per cent. We have just come up with a new policy for automated anti-money laundering and fraud solutions, so that would go a significant way in reducing incidents of fraud once the policies are implemented across all, both in banks and payment service providers.”

Also speaking at the meeting, Managing Director and Chief Executive Nigeria Inter Bank Settlement System (NIBSS), Premier Oiwoh, commended the apex bank on the initiative citing it would deepen payment systems development.

He said: “I am excited with the launch of this committee, and that is going to bring a deepening partnership between the banks and the fintechs in the ecosystem.

to seven hours on this road from Onitsha to Enugu. The project was awarded before 2023 with no meaningful progress. So we reviewed it for MTN to continue with N202 billion, excluding 70 kilometres.

“Today, Tinubu asked me to open it to avoid suffering for the people of the South-east. We have also directed MTN to do the same thing we have

“I also want to commend the CBN governor, the directors, the deputy governors, for putting this together. It is something that the industry has been yearning for over the years and today has finally come to life.

“The ultimate beneficiary of what happened here today will be Nigerians, and I look forward to that. That will also position the country on the global landscape for success in terms of financial services and payments across Africa and the world in general.”

Industry stakeholders also welcomed the initiative, describing it as a timely intervention to unlock collaboration and sustain inclusion gains across the ecosystem.

Chief Executive Officer of Enhancing Financial Inclusion and Advancement (EFInA), Foyinsolami Akinjayeju, said: “We have recorded great progress in financial inclusion on the back of development and innovation from the non-bank financial services providers, mainly through payments.

“So, the potential of the payment services providers’ responsibilities and role to enhance inclusive growth is tremendous. This platform is such a great and welcome development to ensure that we can get quick resolutions to issues that are plaguing the payment system in Nigeria.

Furthermore, the Chairman, Association of Licensed Mobile Payment Operators (ALMPO), and Co-founder at Paga, Jay Alabraba added: “This was long in coming. It is something that we have been working with the CBN on, pushing for something like this to happen to bring us together for this kind of collaboration.

done with the Lagos-Calabar Coastal road, same quality. Asphalt will always fail but cement will last very well and requires minimal maintenance.”

Umahi listed several roads in the zone under construction and added,

“With all these roads, I can say that the Biafra Ndigbo are looking for is here. So, in 2027, we have to be strategic. We want these roads to be completed.

“I’m David, God has told me, and I can tell you that He has said Tinubu will win again. You cannot mount the seat of presidency by foul language or mere wish, we must be strategic. Anything I tell you now, go and mark it. No matter who gets the ticket of other political parties, I want to tell you that Tinubu will win.

“The marginalisation we are talking is over. For the first time your son is the Minister of Works. So, we need our people to be vocal, we need to tell our people what the president has done. All the marginalisation we

are talking about are over.”

Umahi added, “It’s not anyone who is not supporting who you are supporting, you start attacking the person. We have to be strategic. The president has done very well. You have to understand the kind of economy the president inherited, but I can tell you that the president is dealing with macroeconomics. And the worst is over.

“We, as Igbo leaders, must not support Tinubu and keep quiet, but we must tell our people what he has done. Governance is about development, infrastructure, equity, and fairness, and we have it in him.” The minister also disclosed, as he sought votes for the president next year, “I have directed solar light, tree planting from Enugu to Onitsha. We should give Tinubu not less than 80 per cent votes in 2027. Let no one split our votes. Be strategic in voting Tinubu and no one will do anything to you.

Daniel: Nigeria Bleeding from Corruption

Sunday Aborisade in Abuja

Former Ogun State governor, Senator Gbenga Daniel, Wednesday, warned that corruption, misinformation, and a steady erosion of ethical values posed the gravest threats to Nigeria’s progress, calling for urgent systemic reforms to reset the country’s trajectory.

Daniel spoke in Abuja at the public presentation of four books to mark his 70th birthday, an event attended by President Bola Tinubu, former Presidents Olusegun Obasanjo and Goodluck Jonathan, as well as lawmakers, traditional rulers, and business leaders.

Focusing his remarks on Nigeria’s governance challenges, Daniel said the absence of credible information had distorted public discourse and undermined sound decision-making.

He said, “One of the critical issues that has arrested and held down Nigerian society is the lack of credible information. Political

decisions are frequently taken from warped viewpoints.”

He stressed the need for deliberate investment in fact-based information systems to guide policy.

On corruption, the senator described illicit financial flows and capital flight as major drains on national resources, insisting that tackling the menace requires a structured, system-wide approach.

He stated, “A significant portion of corrupt proceeds passes through our banking system.”

He proposed a carefully designed amnesty framework to encourage the repatriation of stolen funds into the economy.

Daniel also decried what he termed a decline in ethical standards in public life, urging leaders to return to the “Omoluabi ethos” anchored on integrity, accountability, and moral uprightness.

He warned that without a moral reset, governance reforms would yield limited results.

Michael Olugbode in Abuja, DavidChyddy Eleke in Awka and Gideon Arinze in Enugu

SIGNING OF A STRATEGIC PARTNERSHIP TO DEPLOY INTEGRATED ENERGY SOLUTIONS IN LAGOS...

L-R: Managing Director/Chief Executive Officer, InfraCredit, Mr. Chinua Azubike; Chief Executive Officer, Decentralised Energy Limited, Mr. Habeeb Alebiosu; Lagos State Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye; Chairman, Transgrid Enerco, Engr (Dr) Olubunmi Peters; and Group Managing Director/Chief Executive Officer, Transgrid Enerco, Mr. Kolapo Joseph, during the signing of a strategic partnership to deploy integrated energy solutions in Lagos… recently

ADC LEADERS TO AMUPITAN: RESIGN IMMEDIATELY; INEC: CALL IS ASSAULT ON OUR INDEPENDENCE

of the electoral umpire.

Chief Press Secretary to the INEC chairman, Adedayo Oketola, said in a statement that Amupitan did not hold office at the pleasure of any political party or Oketolagroup.stressed that while the commission recognised the right of stakeholders to express their views, it was imperative to clarify that INEC was a creation of the Constitution of the Federal Republic of Nigeria.

He explained that the appointment, tenure, and removal of Chairman and National Commissioners of the commission were strictly governed by Section 157 of the 1999 Constitution (as amended).

The statement said, “The Chairman does not hold office at the pleasure of any political party or interest group. Any call for removal outside the established constitutional process is not only a distraction but a direct assault on the independence of the nation’s electoral umpire.

“While a political party or a group is allowed to protect their interest, the commission decided to comply with the judgement of the Court of Appeal to avert a situation that occurred in Zamfara State and Plateau State where elected officials were removed by the election tribunal on account of the disobedience of court judgement.

“In addition, the commission did not want to disobey the preservative order of the court not to do anything or take any step that would render the processes already filed at the Federal High Court nugatory.

“Proceeding to monitor the congress and convention of the David Mark-led ADC would amount to a disobedience of that order since the relief claimed in the Originating Summons and other court processes filed include an order restraining INEC from monitoring any meeting, congress and convention of the party.”

Oketola stated that it was only on September 9, 2025 that INEC accepted and approved Mark’s executive, which was seven days after the matter was filed at the Federal High Court.

He pointed out that the order to maintain status quo ante bellum meant the position of the parties before the beginning of hostilities.

Oketola added, “It is either that INEC obey the order of the Court of Appeal fully or refuse to obey it.

Section 287(2) of the Constitution of Nigeria, 1999 mandates every person and authority in Nigeria not only to obey the Judgment of the Court of Appeal but also to enforce such judgement.

“Far from undermining the multiparty system, the commission under Professor Joash O. Amupitan, SAN, has actively expanded the democratic space.”

Oketola explained that the recent registration and recognition of Democratic Leadership Alliance (DLA), Nigeria Democratic Congress (NDC), and National Democratic Party (NDP), bringing the total number of active political parties to 22, was an empirical rebuttal to any claim of a one-party agenda, saying INEC remains a neutral regulator, not a participant in political competition.

He said the commission’s updates to party leadership records were strictly anchored on compliance with subsisting court orders and statutory requirements under the Electoral Act 2026.

Oketola said the commission would not be drawn into the internal strife within political parties, nor would it allow itself to be used as a proxy for resolving organisational challenges that belong to the parties themselves, especially when the Court of Appeal had ordered that the matter be granted accelerated hearing.

He stated, “The commission also noticed an attempt to politicise the planned nationwide voter revalidation exercise. The decision to revalidate the voters register pre-dates the appointment of Professor Amupitan.

“The proposed nationwide voter revalidation exercise is a professional necessity to strengthen the integrity of the National Register of Voters.

“The current register includes data spanning from 2011 to 2024. This exercise is designed to sanitise the register and is to be executed in phases.”

Oketola said the revalidation was intended to confirm the status of registered voters, address issues arising from transfers, multiple registrations and deceased persons, and enhance the reliability of voter data in Nigeria.

He explained, “It is an administrative audit, not a fresh registration. It is not targeted at any region, party, or demographic.

“It is a uniform, transparent process that will be conducted across all local government areas and polling units, with robust digital options for ease of access. All the stakeholders will be carried along on this issue.”

Oketola emphasised that the commission was currently focused on the surgical precision required for the forthcoming Ekiti (June 2026) and Osun (August 2026) off-cycle elections.

He said the electoral body would not be distracted by unfounded allegations of collusion or bias, saying its allegiance remains solely to the constitution and the will of the Nigerian people.

PDP Cautions, Says Democracy at Risk, Warns INEC, Others Must Be Careful

The

that democracy in Nigeria was at risk, warning that all other democratic institutions must watch it and be careful.

In a statement by its National Publicity Secretary, Ini Emeombong, the PDP said, “With recent political events which are clear orchestrations and manipulation against opposition political parties, the political temperature of the country has been unnecessarily raised to near-fever levels. Society, like the human body, either breaks down or adjusts when subjected to fever.”

Emeombong said it had become common knowledge that the ruling APC intended to win the next presidential elections at all costs, by hook or crook.

He stated, “This desire has, for them, become an inevitable certainty that must be achieved, irrespective of the obvious impracticability staring them in the face.

“To achieve this, no boundary is respected, and nothing is too much to sacrifice-including derailing democracy, truncating the republic, and destroying Nigeria.“National institutions have now become the executioners of this illconceived plan. No institution is too sacred or too fragile to be deployed on this mission-the judiciary, INEC, the clergy, among others.

“The Independent National Electoral Commission (INEC) has further heightened the already tense political atmosphere through its latest press statement on the de-recognition of the David Mark-led NWC of the African Democratic Congress, based on its interpretation of the judgement of the Court of Appeal and other pending cases before various courts.

“While we concede that, semantically, the same words and sentences can convey different meanings, it is troubling that INEC’s default interpretation of matters concerning political parties consistently appears to favour the much-perceived and prevailing notion of an uncontested election, effectively handing a colourful coronation to its appointor and the incumbent president. In such circumstances, ulterior motives cannot be discounted.”

Emeombong stated, “The public has also observed a series of political party monitoring activities recently published by the Commission. While these activities fall within its statutory powers, the timing raises legitimate concerns. These activities are rumoured to result in the de-registration of opposition political parties- a development that would further injure our democracy.

“We hereby passionately appeal to all national institutions, especially INEC, not to yield to partisan pressures or the influence of appointing authorities. They must place the interests of democracy

and the country above all else.

“They should draw lessons from history and the conduct of their counterparts in past democratic republics, where many years after people are still battling to clear their names of acts done against the Nigerian people.”

The statement said, “This is a critical moment in our democratic journey, where the fragility and vulnerability of the polity are being tested to their limits. No individual or institution should stretch the patience of Nigerians beyond its present bounds. We must adopt a ‘country-first’ disposition that transcends partisan cleavages.”

Save Your Integrity Reverse Action on ADC, Situation Room tells INEC

Nigeria Civil Society Situation Room asked INEC to reverse its decision to de-recognise the current leadership of ADC and reinstate their names on its portal so as to maintain the integrity of the electoral system.

The Civil Society Coalition, which expressed concern and condemnation of the position taken by INEC in relation to the leadership dispute in ADC, said the commission should show greater transparency and consistency in handling political party disputes grounded firmly in constitutional and regulatory provisions.

A statement jointly signed by Convener, Yunusa Z. Ya’u, and other Co-Conveners, Mma Odi and Celestine Odo, said the invocation of status quo ante bellum by the court risked entrenching ambiguity and sustaining contested authority within ADC, thereby undermining democratic order within the party.

It said, “INEC’s posture, rather than resolving uncertainty, appears to legitimise a prolonged state of confusion, which could have far-reaching consequences for party administration, candidate nomination processes, and voter confidence.

“While the Situation Room recognises the importance of judicial authority and the obligation of institutions to comply with court orders, we are troubled by INEC’s apparent uncritical endorsement and implementation of the status quo ante bellum directive without sufficient regard for the broader implications on internal party democracy, clarity of leadership, and electoral certainty.”

Odinkalu: Presidency’s Threat to Activate Amupitan’s Pre-signed Resignation Letter Led to Delisting Mark, Others from INEC Portal

Professor of Law, Chidi Anselm Odinkalu, said the presidency’s threat to activate Amupitan’s alleged pre-

signed resignation letter led to the commission’s delisting of Mark and other leaders of ADC from INEC portal.

Odinkalu carpeted INEC over its interpretation of the ruling of the Court of Appeal in the case (appeal) between Mark and Gombe and others.

In his X post, Odinkalu pointed fingers at the INEC leadership, President Bola Tinubu, Court of Appeal, and the Federal High Court, alleging a meeting that culminated in the commission’s statement containing its interpretation of the Court of Appeal’s ruling.

Odinkalu wrote, “This release by @inecnigeria followed a meeting involving senior leaders of the Commission, & @NGRPresident, @ CourtOfAppealNG, @FederalHigh in the last 60 hours.

“I have it on the most impeccable authority that there is a pre-signed resignation letter by Chairman (Professor Joash) Amupitan (INEC chairman).

“It was a pre-condition for his appointment. Ultimately, that had to be called in aid by those who persuaded him to issue this release.

“The threat of releasing it did the magic. It should be evident to a professor of law & #SAN that it is not the business of @inecnigeria to interpret the decision of the Court of Appeal.

“If they had any doubt, an #INEC governed by good faith should have gone back to the Court of Appeal to secure an interpretation of the decision.

“But that is not where we are now.

The country stares down a barrel & only those willing to enable that, make peace with it, or dare it will be able to sniff the stakes in #NigeriaDecides2027.”

Frank: INEC, APC’s Illegal Action Against ADC Will Set Nigeria on Fire

A former deputy national publicity secretary of APC, Timi Frank, accused INEC and APC of taking actions capable of destabilising Nigeria’s democratic system.

Frank said recent developments involving ADC could trigger a national crisis.

Frank, while reacting to the decision of INEC to derecognise the David Mark leadership of ADC, in a statement, criticised the erstwhile Vice Chairman of the party, Nafiu Bala Gombe, who claimed to be the authentic acting national chairman.

“INEC and the APC-led government appear to be taking steps that threaten the very foundation of our democracy,” he said.

Frank stated that the pattern of events across opposition parties suggested a coordinated attempt to weaken political competition ahead

of the 2027 general election. He warned that the trend mirrored developments during the regime of former Head of State, Sani Abacha, when democratic institutions were suppressed.

Frank said internal crises within major opposition parties, including PDP, Labour Party, Social Democratic Party (SDP), and New Nigeria Peoples Party (NNPP), had been influenced by external forces, and warned that the situation was now spreading to ADC. He alleged that the judiciary was being deployed to frustrate opposition parties through questionable rulings.

Tight Security at INEC Headquarters over ADC Leadership Dispute

There was a heavy deployment of security operatives at the headquarters of INEC, yesterday, in Abuja, with all entry and exit points effectively locked amid the deepening crisis within ADC.

Although details of the development remained unclear, sources indicated that the heightened security presence followed INEC’s decision to remove David Mark and Rauf Aregbesola as the party’s National Chairman and National Secretary, respectively, from its official portal.

The move, reportedly, sparked outrage within the party, with leaders said to be strategising on how to respond to what they described as “INEC impunity”.

Plans by opposition groups, including members of ADC and the Obidient Movement, to converge at the commission’s Maitama headquarters were also cited as a possible reason for the security clampdown.

Security operatives drawn from Department of State Services (DSS), Nigeria Police, and Nigeria Security and Civil Defence Corps (NSCDC) were seen cordoning off the premises with patrol vehicles, effectively restricting movement around the area.

Yiaga: INEC’s Voter Revalidation Good Policy, Dangerous Timing

Executive Director of Yiaga Africa, Samson Itodo, described INEC’s planned voter revalidation as a good policy, but argued that it came at a dangerous time.

Reacting to the INEC policy to revalidate voters register, Itodo said, “It is a known and publicly acceptable fact that Nigeria’s voter register is in dire need of urgent clean-up to remove errors, multiple registrants, and dead persons. “The much talked about INEC revalidation exercise is definitely a great approach to clean the register.

Tanimu Turaki-led Peoples Democratic Party (PDP) cautioned

N’Delta Activist to Tinubu: Nigerians are Dying of Hunger

sylvester idowu inWarri

A Niger Delta-based human rights and development advocate, Mulade Sheriff, has urged President Bola Ahmed Tinubu to take urgent and pragmatic steps to address rising hunger, hardship, and insecurity across Nigeria.

Mulade, in a statement issued yesterday in Warri, Delta State, expressed concern over what he described as increasing deaths linked to economic hardship, warning that Nigerians are “dying silently and publicly” due to worsening living conditions.

He also criticised political office holders for focusing on re-election ambitions rather than addressing pressing socio-economic challenges affecting citizens nationwide.

“We must rise above the challenges and stop the avoidable deaths of Nigerians on daily basis because of leadership failure towards citizens welfare and protection,” he said.

Mulade, a United Nations peace ambassador, noted that relative calm in the Niger Delta region is largely due to youth engagement through pipeline surveillance contracts.

According to him, “It is imperative to state that the current saving grace in the Niger Delta particularly the oil and gas sector is because of the current pipeline surveillance contracts awarded to Tantita Security Services Nigeria Limited, the Pipeline Infrastructure Limited, which have helped to engage majority of the youths and create some level of economic stability in the region. “If not, the security situation in the region would have been worse off than in the North East, West and Central, which may have thrown Nigeria into serious economic meltdown.”

Hardship: CRPP Calls on Edo Gov to Resign

Felix Omoh-asun inBenin

The Coalition of Registered Political Parties (CRPP) has observed with concern the increasing hardship the masses are currently facing in Edo State.

The coalition described the situation as unparalleled in the history of the state.

CRPP therefore, called for the resignation of the state Governor, Monday Okpebholo, over his inability to tackle the worsening living condition of the people.

According to the National Chairman of CRPP, Dr. Samson Isibor, in a statement issued yesterday while responding to the peaceful protest in Benin City, the state capital, by youths and other residents, the situation has become intolerable.

Recall that protesters numbering hundreds last Wednesday staged a protest against several issues ranging from hike in petrol, epileptic power supply, poor states of road, high cost of food items, among others.

They demanded an urgent government intervention to address rising food prices, unemployment, and the high cost of living in the country Isibor expressed concern over the increasing hardship the masses are passing through in Edo State.

“We have noted with grave concern that wherever you turn to in Edo State, it is lamentation. The heat of poverty is staring us in the face; we have never had it

this bad in Edo State. That was what led to the massive protest by youths and other citizens in Benin City on Wednesday.

“Edo is at a standstill as if there is no government in the state. Insecurity is at its worst state ever, kidnapping is unabated, unemployment is high, cost of house rent is beyond the reach of the citizens, there is no visible infrastructural development, bad and unmotorable roads everywhere, no functional health centres, and entrepreneurs are moving out of the state because of high cost of running their businesses.

Arise News Anchor, Constance Ikokwu, Joins Politics

Arise News Anchor and Analyst, Dr.Chiogo Constance Ikokwu, has announced her leave of absence from the profession to join politics.

Respected and known for her strong track record in holding power to account and amplifying public interest issues, Dr.Ikokwu said the move is driven by firsthand experience of governance gaps, and knowledge that our country is strengthened when thoughtful, competent people step in to contribute, not stand on the sidelines.

According to her, the decision reflects a growing sentiment that professionals with ideas, integrity, and a deep understanding of societal challenges should take a more active role in shaping policy and leadership, rather than remaining observers from

the sidelines.

Dr. Ikokwu, who is from Idemili North and South Federal Constituency, hopes to be given a chance to represent her community in the House of Representatives.

She said: “This transition is, for me, a continuation of service, just on a different platform.I have had the privilege of telling the stories that shape our nation, holding power to account, amplifying underrepresented voices, and helping citizens make sense of complex issues. This journey has sharpened my understanding of our country’s challenges and opportunities, and it has reinforced my belief that informed, ethical leadership is essential to progress. It is from this vantage point that I have made the difficult but necessary decision to step into the political arena.”

Firm Stages ‘The Disciple’ Play at Easter

sunday Okobi

As Christians all over the world celebrate Easter this weekend, Boatseed Productions has set all machinery in motion to tell a compelling story of ambition, loyalty, fear, faith, betrayal, sacrifice, and the ultimate redemption through its stage play, ‘The Disciple’. In an interview with THISDAY yesterday, the Writer and Producer of ‘The Disciple’ and Managing Director of Boatseed Production, Temi Adeyemi, said the play, which will be shown live at Glover Memorial Hall on Lagos Island on April 4 and 6, 2026, with performances at 2 p.m. and 5 p.m, will take audiences on a gripping journey of powerful lessons drawn from one of the most significant stories of loyalty, betrayal, sacrifice, and redemption.

Directed by Patrick Diabuah,

co-produced by Femi George, and written and co-produced by Adeyemi, The Disciple is a compelling and creative retelling of one of the most powerful stories ever told. Tickets are available on eventporte.com/ thedisciple, and to get 10 percent off all tickets, use the discount code DISCIPLE10.

On what inspired the creation of the play, Adeyemi, who thanked the Lagos State Tourism, Arts, Culture department for its support, disclosed that ‘The Disciple’ is the reimagining of the Passion of Christ, “told through the lens of a reality TV business competition in the style of The Apprentice. “The play centres on the journeys of several key figures involved in the events leading up to the crucifixion, but reframes their motivations and choices within the context of ambition, competition, and the pursuit of purpose.”

Edited by: MJO Mustapha Email deji.mustapha@thisdaylive.com

Training the Nafs, Building Character WORLD OF ISLAM

Miriam Mohamed/SoundVision

In the journey of parenting, we often focus on shaping the behavior of our children— teaching them kindness, patience, honesty, and responsibility. Yet one of the most powerful lessons we can give them is not delivered through lectures but demonstrated through the way we discipline our nafs—our inner self and its desires. Training the nafs is the foundation of character building, and when parents actively engage in this process, they model a living example of Islamic character for their families.

The nafs refers to the self that inclines toward desires, impulses, and emotions. Left unchecked, it pulls a person toward ease, anger, pride, and indulgence. But when disciplined through faith and intention, it becomes a pathway to spiritual growth and noble character. Allah Most High reminds us in the Qur’an: “And as for he who feared standing before his Lord and restrained the soul from its desires, then indeed, Paradise will be his refuge.” (An-Nazi‘at:40–41)

The Qur’an describes three states of the nafs, each reflecting a different level of spiritual development. Understanding these helps us recognize where we are and what we should strive for.

The Three Types of Nafs

Nafs al-Ammarah (The Commanding Self):

This is the lowest state, inclined toward sin and immediate gratification. It urges a person to follow desires without restraint. Allah Most High refers to it in the story of Prophet Yusuf (peace be upon him): “Indeed, the soul is ever inclined to evil, except those upon whom my Lord has mercy.” (Yusuf:53)

Nafs al-Lawwamah (The Self-Reproaching Soul):

This is the stage of awareness and inner struggle. A person feels guilt after wrongdoing and strives to improve, even if they fall short at times. Allah Most HIgh swears by this state, highlighting its importance: “And I swear by the self-reproaching soul.”

(Al-Qiyamah:2)

Nafs al-Mutma’innah (The Tranquil Soul):

This is the highest state, where the heart finds peace in obedience to Allah Most High. Desires are aligned with faith, and the soul is content with Allah’s decree. Allah Most High addresses it with honor: “O tranquil soul, return to your Lord, well-pleased and pleasing [to Him].” (Al-Fajr:27–28)

These stages remind us that disciplining the nafs is a journey—from resisting harmful urges, to struggling with self-correction, to eventually finding inner peace through submission to Allah SWT.

Controlling the nafs is not about suppressing emotions or denying our humanity. Rather, it is about directing our impulses toward what pleases Allah SWT and away from what harms our souls. Every moment we choose patience over anger, generosity over selfishness, or humility over pride, we are training the nafs.

Many of the qualities we admire most—patience, discipline, forgiveness, and sincerity—are formed in moments when the nafs desires something else. When a parent feels the urge to yell but doesn’t, character is being built. When a person seeks recognition but chooses sincerity, character is being built. When someone desires revenge but offers forgiveness, character is being built. Allah Most High praises those who restrain themselves: “And those who restrain anger and pardon people—Allah loves the doers of good.” (Al ‘Imran:134)

Every act of restraint is a spiritual workout. Just as muscles strengthen through resistance, the heart strengthens when it pushes back against the pull of the nafs.

Training the nafs requires conscious intention and reflection. Parents must be deliberate about their character development

because children absorb not only what we teach, but how we live.

Before reacting in a challenging moment, pause and ask:

•What response would please Allah most right now?

•What lessons will my children learn from how I handle this moment?

•Is this my ego speaking, or my faith?

This simple pause creates space between impulse and action, the very place where character is built.

No one can fully discipline the nafs through willpower alone. The heart needs divine guidance and constant renewal, which is why turning to Allah SWT through du‘a and worship is essential in this process. Allah Most High promises: “And those who strive for Us—We will surely guide them to Our ways.” (Al-‘Ankabut:69)

Make it a habit to ask Allah SWT for help. The Prophet, peace and blessings upon him, frequently made du‘a for beautiful character, teaching us that character development is itself an act of worship. Parents can also involve their children in this practice by making du‘a together for patience, kindness, and sincerity. One of the most powerful ways to train the nafs is to study the life of the Prophet, peace and blessings be upon him. The Seerah is not only history; it is a blueprint for character. Allah Most High says: “Indeed, in the Messenger of Allah you have an excellent example for whoever hopes in Allah and the Last Day.” (Al-Ahzab:21)

When we study the Prophet’s peace and blessings upon him, we see how he responded when insulted, how he treated children, how he forgave enemies, and how he remained humble. Reflecting on this, we can ask ourselves:

•What character traits defined the Prophet, peace and blessings upon him?

•Which of these traits do I struggle with most?

•How can I practice even one of them in my daily life?

This kind of reflection transforms the Seerah into personal development.

Practical Ways to Train the Nafs

•Pause Before Reacting:  When emotions rise, take a breath before responding. This moment of restraint weakens the grip of the nafs.

•Practice Quiet Acts of Sincerity: Do good deeds that no one else sees. This trains the heart away from seeking praise.

•Embrace Small Sacrifices:  Whether giving charity when you want to save or waking early for prayer when you want sleep, these acts strengthen discipline.

•Reflect Daily:  Ask yourself where your nafs led you, where you overcame it, and what you can improve tomorrow.

•Involve Your Children:  Share moments when you controlled anger or desires. This teaches them that self-discipline is a lifelong effort.

Children learn character from observation. When parents apologize after mistakes, control anger, choose honesty, and seek forgiveness from Allah Most High, they internalize these values.

A home where the nafs is actively trained becomes a place where humility, patience, and sincerity naturally grow. In this way, disciplining the nafs does not only build individual character it shapes the moral environment of the entire family.

Training the nafs is a lifelong process. There will be moments of success and moments of struggle, and what matters most is the intention to continue striving.  Let us leave our children with one of the most valuable inheritances possible: the living example of a heart striving toward Allah most High.

OBI-KWANKWASO COMBO THROWS APC ON PANIC MODE

tell Obi’s anointing had expired, was he a witness when God anointed Obi?

FANI-KAYODE’S AGONISTES:

Femi Fani-Kayode had this famous quote in The Sun last Friday: “I looked at someone like Obi, God forbid Obi should be president. I won’t go into why I said that.”

Of course the only reason he blurted such impulsive, inelegant sound bite is the overwhelming Kano show. It has set the clay-footed APC behemoth running amok. That unprovoked statement can only come from a place of deep angst. Of course, unstable people like FFK would loathe Obi as number one because they would never be allowed anywhere near a government office. But today, Nigeria suffers the affliction of an FFK as an ambassador. On the contrary, Obi in his magnanimity, would have offered FFK government-sponsored rehab to Germany.

INSALUBRIOUS JUSTICE SALAMI:

The serial attacks on Obi continued. Not even the infamous mandate switcher, the retired Justice Ayo Salami would be allowed to enjoy his retirement booty in peace. Remember how as Chief Justice of the Courts of Appeal, he single-handededly dashed out mandates to three governors in repudiation of INEC and in favour of then Governor Bola Tinubu. He set the infamous precedence of courts usurping the powers of INEC. He was acting like a hit-and-run driver.

That power of the appellate court which Salami abused was hurriedly changed before more havoc was done. The final word on guber election cases is now vested on the Supreme court. Now if there was any doubt about who Salami was working for, this unprovoked lash-out against Obi is proof. If Baba Salami was a statesman, he would be discussing Nigeria’s starving and traumatised populace and the shrinking of our democratic space, not a virulent attack an innocent citizen Obi who’s crime was to contest election as a citizen of Nigeria.

Unfortunately, Baba Salami got his facts spectacularly wrong. This column hopes that Baba would muster the grace and honour to apologise to Obi soon enough.

To blurt that Obi should never have contested in the last election in 2023 suggests that the pain of Obi’s triumph still sits deep among the APC top hierarchy of which Baba Salami is probably one.

If Baba Salami is so peeved about Obi’s eligibility what does he have to say about Godswill Akpabio’s and Ahmed Lawan’s eligibility? Men who contested and lost in the APC’s presidential election. Salami should be telling us what judicial magic allowed Akpabio to return to contest the senate election and sit as Senate president today?

ASARI DOKUBO’S SALVO:

Savaging Peter Obi must be the key to Aso Rock and the password for accessing APC’s bounties. This much can be discerned from Asari Dukubo’s interview last weekend. Apparently, he had visited Aso Rock but was fenced from seeing Baba.

Embittered as he shambled away in disappointment, it must have been whispered to him that the only thing that catches Baba’s attention is Obi- bashing.

After lamenting how Presidential aides were keeping Number One in the dark; about how insecurity is on the rise and how the condition of his people in the Niger Delta worsens, he segued into Obi- flogging: how his vote and that of his people is for Tinubu and never for Obi. Ah, he almost forgot to reinforce his Obi thrashing! For APC goons, no interview is complete without a mention of Obi.

AZU: THE BIG FISH, THE REDUX:

One would be hard put to believe that Azubuike Isiekwene, a brother, friend and a most respected professional colleague would succumb to APC’s frenzied pressure. But the loaded ruling party’s gravy train is chugging on furiously, picking partakers. The admission ticket code is: shred_obi.

Boarding this grimy train would be beneath the Azu one knows. But his last output on his column seems to give the lie to my conversations about him. If he has been sucked in by the rampaging ruling party bent on worsting all opposition before election day, then he’s indeed a big catch. His outing too is probably the best Obi_shred by anyone.

TINUBU IS BUILDING A NEW NIGERIA! YES, WE BELIEVE!

is behind us, and the best is in sight . As we look towards 2027, let us do so with optimism, confidence and conviction. The transformation President Tinubu has begun must not be abandoned midstream. The seeds planted with such courage, boldness and foresight are only just beginning to bear fruits.

I call upon every Lagosian — every trader in Balogun, every tech entrepreneur in Yaba, every farmer in Epe, every fisherman in Badagry, every banker on the Island, every teacher in Ikorodu, every mother in Alimosho, every father in Mushin, every student in Surulere — to join me in celebrating our dear President and renewing our commitment to the journey of national rebirth he has so courageously embarked upon.

But the obverse of it is that Azu may have ended up shredding himself to bits and leaving himself naked. Beautiful as the piece is, it has turned out the ultimate Azu redux. If there was an instrument, say, an imageometer for gauging personality rating, one wagers Azu’s would have surged south now, hovering just above zero.

First, the Azu we know should never be found in the sordid company of Reno, Bwala, FFK and Asari.

These are people this column is too decent to describe by their proper appellation. Suffice to say that these are long-pouted foragers - oink, oink, gruff, gruff insatiable, oink, oink!

First, to suggest that Obi has transitioned from a serious contender to a mascot is akin to the famous position of APC’s media ‘strategists’ who insisted that the overwhelming OBiDIENTS were mere four persons in a room tweeting. The 2023 election results put the lie to this position. But all the APC big guns always want to hear is that Obi is no threat. So Azu starts by positing that Obi is now a mascot. Where’s the survey driving this weighty assertion? None. He’s selling deception in place of data.

He feeds in the same fallacy by asserting yet again that Obi’s social media based troops have no voters card. How did Azu know this? Again where’s the survey? Does he know something APC is doing that we don’t know. He digs with a surprisingly uncharacteristic illogic that one takes liberty to say is “unAzu”! That Obi claims to have won the election in 2023 though his Labour Party could only muster agents in 50 per cent of polling centres nationwide. And the question is: are agents the deciding factors in winning elections? If an entire party like the giant PDP, ADC and even LP can be railroaded by the ruling APC, What’s the fate of a common agent in a remote polling unit? When shall we trust INEC to conduct our elections (as obtains in decent climes) without the abiding rogue tactics that have become our norm. This agent business in Nigeria’s election is akin to asking football clubs to acquire their own VAR!

Azu’s maladroit in this piece is a low in his long, and one dares say, exemplary career in penmanship.

He says Obi wasted energy and resources in litigation

INFRASTRUCTURE GAPS: NIGERIA’S SILENT SABOTEUR OF PROSPERITY

becomes decisive: it is the bridge between macroeconomic improvement and everyday prosperity. Without it, growth remains thin, expensive, and exclusionary.

Consider transport, the most visible face of the problem. Official Nigerian sources have long described the national road network as around 200,000 kilometres, with federal roads accounting for only about 33,000 to 36,000 kilometres yet carrying more than 80 per cent of national vehicular and freight traffic. That imbalance helps explain why congestion, overuse, and deterioration have such outsized economic consequences. It also gives context to the striking example. The cost of moving a container from Lagos to Kano can be higher than moving it from China to Lagos. That is more than a logistics anomaly. It is a national indictment. It means Nigeria is taxing itself through delay, friction, and inefficiency before any formal tax authority appears.

This is one reason Nigeria has struggled to become the trade powerhouse its size should naturally produce. When roads are broken, ports congested, and rail links inadequate, trade becomes slow, unpredictable, and expensive. Small businesses import less than they otherwise would. Exporters lose margin. Regional commerce weakens. Informal traders remain trapped outside more efficient formal supply chains. The African Continental Free Trade Area offers Nigeria significant opportunities, but size alone does not make a country a trade hub. Movement does. Connectivity does. Reliability does. A nation cannot lead a continental market while struggling to move goods efficiently across its own corridors.

The power sector tells the same story with even greater cruelty. World Bank data show that in 2023, 61.2 per cent of the population in Nigeria had access to electricity, meaning millions remain outside reliable, formal power access. Even for those connected, reliability remains weak. In the third quarter of 2025, the Nigerian Electricity Regulatory Commission reported an average available generation capacity of 5,430.34 megawatts and an average hourly generation of 4,179.15 megawatt-hours; it also recorded a total national grid collapse on 10 September 2025 and several grid collapses before and after that date. For a country of Nigeria’s size,

those numbers are not just inadequate; they are constraining. They explain why households self-provide power, why firms price generators into their business models, and why industrial ambition too often dies in the gap between installed potential and actual supply.

What makes this especially tragic is that an electricity failure does not merely inconvenience the economy; it reshapes it downward. When reliable power is scarce, manufacturers cannot operate efficiently, small firms cannot scale, hospitals and schools become more expensive to run, and households spend scarce income on survival rather than advancement. Productivity falls, costs rise, and competitiveness erodes. The result is a distorted economy in which ingenuity is devoted to coping with dysfunction instead of building value. Nigeria’s entrepreneurs are often praised for resilience, and rightly so. But resilience is not a development strategy. A serious country does not ask its citizens to be heroic where institutions should simply be competent.

The digital story is more mixed, but it too reveals the infrastructure deficit. World Bank data show that 39% of Nigerians used the internet in 2023. By November 2025, Nigeria’s broadband penetration had increased to 50.58 per cent, according to the Nigerian Communications Commission. That is real progress, and it helps explain why fintech and other digital services have become bright spots in the economy. Yet it also means the country fell well short of the National Broadband Plan’s 70 per cent target for 2025. In a century in which productivity, education, finance, logistics, and even public services increasingly depend on connectivity, a digital gap is no less damaging than a power gap. A country cannot preach innovation while millions remain excluded from the bandwidth modern opportunity requires.

The investment numbers underline the same contradiction. Nigeria recorded $23.22 billion in capital inflows in 2025, up sharply from $12.32 billion in 2024. On the surface, that looks like renewed confidence. But the composition matters: Reuters, citing official data, reported that foreign portfolio investment accounted for about 85 per cent of those inflows, while foreign direct investment was only $923 million. That distinction is crucial. Portfolio money can chase yield and leave

without suggesting options available, but litigation is part of the process.

That Obi watched the unraveling of his platform, the LP. But before our eyes, APC has destroyed PDP using a certain Nyesom Wike as a battering ram.

Azu says so much in his article that are untenable, tendentious and self-annihilatory.

There’s no point reeling them all out. Let’s sum it up that Azu has harmed himself with that singular write-up more than Obi. He may have tainted years, even decades of a glorious public engagement. Pity.

LAST LINE: NIGERIA’S FUEL CONUNDRUM:

Why is petrol cheaper in Egypt, for instance, than in Nigeria. Subsidy. Egypt is not a major crude oil producing country. But government still subsidises petrol for her people . Why is the NNPCL still importing petrol from foreign refineries? Why is Dangote Refinery importing crude oil?

Why hasn’t the National Assembly investigated the so-called forward sales arrangement of Nigeria’s crude oil which it is claimed, has been sold for indeterminate years ahead?

Why is there so much opacity in Nigeria’s energy sector. Oil and gas are the most open businesses in the world safe for in Nigeria. In other oil producing countries, information is available on every bit of the business, including refining margins and forward deals. Not so in Nigeria. To think that President Bola Tinubu is also the Petroleum Minister... Nigeria’s oil industry seems like underground business now. Meanwhile, Nigerians suffer in a time of supposed oil boom! ###

wisdom, and the boundless grace to continue leading our great nation to its destined glory. May this birthday bring him the same joy that his leadership has brought to millions of Nigerians who now dare to believe that a greater, more prosperous, and more united Nigeria is evolving before our very eyes.

Happy 74th Birthday, Mr. President! E ku odun, Asiwaju! Igba odun, odun kan! May you celebrate many more years, and may each year bring greater gloryto you and to our beloved nation!

Yours in service to the people of Lagos and our great nation,

•MR. BABAJIDE OLUSOLA SANWOOLU, CON

Governor of Lagos State 29th March, 2026

quickly. Direct investment usually builds factories, supply chains, skills, and durable jobs. So the question is not simply whether capital is entering Nigeria; it is whether Nigeria is attracting the patient capital that trusts its infrastructure, institutions, and execution capacity enough to stay. On that test, the country is still underperforming. This is where the politics of infrastructure becomes impossible to ignore. On 31 March 2026, Nigeria’s parliament approved a N68.30 trillion federal budget for 2026. On the same day, lawmakers also extended implementation of the capital component of the 2025 budget to 30 June 2026. These are not trivial procedural details. They suggest a state still struggling with budget discipline, capital-project execution, and the orderly alignment of planning with delivery. No country can close major infrastructure gaps based on overlapping fiscal calendars, delayed implementation, and a public culture that often celebrates project announcements more than project completion. Nigeria’s infrastructure problem is therefore not only a funding problem. It is also a governance problem. Building infrastructure is not the same as developing infrastructure. That is exactly right. Nigeria has too often confused ribbon-cutting with systems-building. But roads, ports, rail lines, transmission assets, hospitals, and digital backbones do not change an economy simply because they are commissioned. They matter when they are well planned, transparently procured, competently executed, properly regulated, and consistently maintained. Without that institutional chain, even expensive assets can become symbols of waste rather than engines of prosperity. The true sabotage, then, is not only in what Nigeria has failed to build. It is in what it has failed to sustain.

That failure also helps explain why economic reforms often feel politically costly but socially inconclusive. Citizens are told to endure subsidy removal, exchange rate adjustments, tighter monetary conditions, and fiscal reforms in the name of future stability. Some macro indicators do improve. But if roads are still broken, electricity is still unreliable, broadband is still uneven, and logistics are still punitive, then the citizen sees little practical evidence that sacrifice is producing a more functional country. Reform without infrastructure is

like asking people to run faster while leaving weights on their ankles. Over time, that weakens not only the economy but public trust.

The way forward is not mysterious, though it is demanding. Nigeria must stop treating infrastructure as a ceremonial sector and start treating it as the operating system of national prosperity. That means concentrating scarce public resources on strategic corridors and high-impact networks rather than scattering them thinly for political satisfaction. It means creating incentives for credible public-private partnerships with clear risk allocation. It means protecting maintenance budgets, strengthening project oversight, and rewarding technical merit over patronage. It means aligning transport, power, water, and digital planning so that infrastructure works as a coordinated system rather than as disconnected monuments. And it means understanding that the most pro-poor infrastructure policy is often the most productivityenhancing one, because efficient systems reduce the hidden taxes that dysfunction imposes on ordinary people first and hardest.

In the end, Nigeria’s infrastructure gaps are called silent not because their effects are small, but because the country has grown too used to them. They have become part of the background noise of national life: the traffic, the generator, the failed delivery, the abandoned project, the postponed factory, the frustrated investor, the lost working day. But what becomes normal can still be ruinous. Until Nigeria closes the gap between its ambitions and its enabling systems, prosperity will remain narrower than it should be and more fragile than it needs to be. The real battle for Nigeria’s future is not only about policy slogans or political messaging. It is about whether the country can build, maintain, and govern the infrastructure that allows enterprises to breathe. If it can, prosperity will no longer feel elusive. If it cannot, the silent saboteur will keep stealing from the nation in plain sight.

•This is an excerpt from a keynote speech delivered by Dr Dakuku Peterside, author of Leading in a Storm, at the 2nd Engr. Senator Adeyemi Kila Annual Colloquium, organised by the Nigerian Institution of Civil Engineers on 28 March in Abuja.

May The Almighty grant His Excellency

many more years of excellent health, strength,

President Bola Tinubu

Super Eagles to Play Poland, Portugal in June Friendlies

To also defend Unity Cup in London earlier in May

Olawale Ajimotokan in Abuja

Despite

in

and

Agent,

Narodowy Stadium in the country’s capital, Warsaw on 3rd June, while the the clash with Portugal will take place in Portugal on 10th June, with a venue to be announced in the coming days. The game against the Seleção das

Quinas – name of the Portugal senior men team – will be the last game for the hosts before they fly to the far west to take part in this summer’s FIFA World Cup finals being jointly hosted by USA, Canada and Mexico. Before the clash with Poland and

Victor Boniface Transfermarkt Value Crashes to Lowly €5m

The Transfermarktvaluation of Super Eagles striker Victor Boniface has suffered an all-time crash within a year no thanks to injuries and a slump in form.

Last year, the striker was valued at 45 million euros and now his transfer

price tag is five million euros to give you a staggering loss of 40 million euros. It has been a classic story of from grace to grass for a player, who took the German Bundesliga by storm in his debut season, winning both the league

Italy FA Head, Buffon Quit

After the Azzurri Miss Third World Cup in a Row

Gabriele Gravina has resigned as the head of Italy’s football association (FIGC) following their failure to qualify for a third consecutive World Cup.

Similarly, former goalkeeper Gianluigi Buffon, who was working closely with the men’s national team, resigned as delegation head via Instagram on Thursday.

The four-time world champions Italy suffered another play-off final defeat when they were beaten 4-1 on penalties by Bosnia-Herzegovina on Tuesday.

No previous winner of the tournament has missed three World Cups in a row, which Italy now have after missing out on Russia in 2018 and Qatar 2022.

Buffon, who was working closely with the men’s national team, similarly resigned.

The famous goalkeeper, who was part of Italy’s 2006 World Cup-winning side, wrote that with Gravina’s decision to go, he felt, “as an act of responsibility”, he should do the same.

“The main objective was to bring Italy back to the World Cup. And we didn’t succeed,” Buffon, 48, added.

“It’s fair to leave it to those who will come after the freedom to choose the figure they think is best to play my role.”

Gravina, 72, who is the Uefa first vice-president, announced his resignation following a meeting held at the FIGC’s headquarters in Rome.

He took the job in October 2018, with his predecessor Carlo Tavecchio having stepped down following Italy’s failure to beat Sweden in a World Cup play-off the previous year.

Electoral Committee Pledges to Conduct Best NFF Elections

The Nigeria Football Federation (NFF) on Thursday inaugurated its Electoral Committee and Electoral Appeals Committee, which are saddled with the conduct, and adjudication on complaints, petitions and appeals, of the elections into the NFF Executive Committee for the period 2026-2030.

President of NFF, Alhaji Ibrahim Musa Gusau, MON inaugurated the committees at the NFF Secretariat in Abuja, during which he charged them to discharge their duties creditably and with no fear or favour for any of the candidates.

Barr. Matthew Burka’a, a Senior Advocate of Nigeria who spoke on behalf of the committees, pledged that the two committees will accord the

assignment the seriousness it deserves, and conduct an election that will be a marker for future polls in both the football sphere and the wider political space.

“We will approach this task with the seriousness it deserves. On behalf of all the members, I assure the NFF, football-loving Nigerians and the world at large that we are going to conduct a free, fair, credible and acceptable election.

“We are aware of the attention of the entire world, FIFA, CAF and the Nigeria Football family on the task we have been saddled with. There is nothing to fear. We will work assiduously towards this election being the best-ever in the history of the Nigeria Football Federation.”

championship and the cup as well as being named the Rookie of the Year.

Victor Boniface is now training on his own back at Werder Bremen after knee surgery in January with the hope he will play again this season.

Portugal, Super Eagles who are the Unity Cup holders are also scheduled to defend their crown at this year’s Unity Cup Tournament in London, taking place between May 26th and May 30th.

Just few days ago, Nigeria defeated

Lagos State Govt Honours Autistic Cyclist, Kanyeyachukwu, for Setting Guinness World Record

Donates N100m to his foundation

As part of activities marking this year’s World Autism Awareness Day, the Lagos State government yesterday rolled out the drums to honour 16-year-old Kanyeyachukwu Tagbo-Okeke who set the Guinness World Record as the youngest male cyclist to ride 100 miles.

Kanyeyachukwu who last year entered the Guinness World Record for having the largest painting on canvas, added another feather to his cap by riding 100 miles to set another Guinness World Record for people of his age bracket.

During the course of his cycling, he rode across seven states namely; Enugu, Anambra, Delta, Edo, Ondo, Ogun and Lagos states.

Receiving the record holder at the State House, Marina, Lagos State Governor, Babajide Sanwo- Olu commended him for overcoming his disability to write the name of the country in the world sporting map, noting that his resilience, determination and strong will to succeed is worthy of emulation.

The governor noted that the state decided to honour him because his administrations believes in inclusive government and that there’s ability

in disability as well as continuous encouragement of people with disability not to feel neglected but to aspire for greater heights.

“ I want to commend Kanyeyachukwu for bringing glory to the country. Kudos must also go to his parents and grandfather here present for their support which enabled him

achieve his second Guinness World Record feat.

“By this time last year, a young Nigerians did something the world could not ignore; by having the largest paintings on a canvas which earned him Guinness World Record and this year, he added another feather to his cap and he deserves the commendation

Autistic Cyclist, Kanyeyachukwu Tagbo-Okeke, his parents and fellow cyclists in group photograph with Governor Babajide Sanwo-Olu at the State House in Marina...on Thursday

of all Nigerians”, said the governor.

Speaking at the well attended event, Lagos State Commissioner for Youths and Social Development, Mobolaji Ogunlende, praised Kanyeyachukwu’s courage and determination, commending his parents for their dedication and support to their son that enabled him excel.

He challenged other parents with altruism children not to be discouraged by their disability but to encourage them in any way possible to enable them have a sense of belonging.

In his remarks, Kanyeyachukwu’s father, Tagbo Okeke, expressed appreciation to the Lagos State Governmenment and other state governors where the cycling took his son to for their support; saying that he’s overwhelmed by the reception. The highpoint of the event was the donation of N100million to Kanyeyachukwu Foundation and another N100 million to the Lagos State Office For Disability Affairs. The occasion was attended by the first lady of Lagos State, some Commissioners, Permanent Secretaries and some special advisers to the governor as well as some cyclists who accompanied Kanyeyachukwu to the event.

Victor Boniface’s transfermarkt valuation drops to abysmally low €5million after surgery

Gianluigi Buffon

PAYMENTS SERVICE PROVIDERS’ COMMITTEE (PSPC) INAUGURAL MEETING...

L-R: The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Ms. Emem Usoro; Deputy Governor, Economic Policy, Dr. Abdullahi Sani; Deputy Governor Financial System Stability, Mr. Philip Ikeazor at the Payments Service Providers’ Committee (PSPC) Inaugural meeting in Lagos ... yesterday

STEVE OSUJI

Obi-Kwankwaso Combo Throws APC On Panic Mode

APC’S Extended Insomnia: It becomes obvious each day that Mr Peter Obi is the abiding nightmare of the ruling party. Indications are clear that the All Progressives Congress has switched into a panic mode in the last few weeks. Like a man who’s suffering acute nightmares, the party’s top echelon seems to be in severe trauma and psychological distress.

This column wagers that the Obi-Kwankwaso outing in Kano recently may have jolted the ruling crew to a near thrombosis. Their response has been predictable. Rev up attack on Obi. Acquire more ferocious hounds and press them to

work, including unlikely breeds and hybrids of canines.

Activate black legs in the opposition ADC and get both the courts and INEC to ‘legalise’ it. Having wooed the Kano political kingpin to join the APC without success, he running with Peter Obi is a proposition that must never happen. One politician with an organic following is bad enough. Two such politicians coming together would spell doom for APC.

THE SOWORE’S SHADOW BOXING:

It is not by coincidence that Omoyele Sowore, the playboy-activist, presidential huckster and travel-by-night politician growled at Obi the other day. Sowore gave his true nature away during the so-called

BABAJIDESANWO-OLU

press briefing in which he said Peter Obi’s anointing oil had expired.

Like a marionette on strings, Sowore was on an errand. After his usual ramble about coalition, he jumped into his real mission which was an attempt to deflate ObiKwankwaso Kano outing. He berated Obi for latching on the Kwankwasiya crowd. He belly-ached about Obi shunning Kwankwaso in 2023 and on and on. When did it become a crime for politicians to jibe at each other? When did it become wrong to align and re-align. But of course, Sowore is on activation mode. How could he

Tinubu is Building a New Nigeria! Yes, We Believe!

My Dear People of Lagos State,

It is with great joy and pride that I address you today. On the 29th of March, 2026, our illustrious son - His Excellency President Bola Ahmed Tinubu, GCFR — the 16th President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria — turns 74. On this special occasion, I invite every citizen of our great State to join me in celebrating the life and remarkable achievements of this extraordinary leader.

As your Governor, I have had the privilege

of building upon the legacy President Tinubu

created as Governor of Lagos State from 1999 to 2007. His visionary leadership transformed Lagos into the economic powerhouse it is today — Africa’s second largest city economy, with a GDP of approximately $259 billion. The revenue architecture he pioneered, the institutions he built, the spirit of excellence he nurtured are the very pillars upon which the Greater Lagos Rising Agenda stands. Lagos, as you know it today, was shaped by the tireless hands and fertile mind of President Bola Ahmed Tinubu.

DAKUKU PETERSIDE

Nigeria’s destiny as an economic giant will be determined not only by acknowledging infrastructure gaps but by implementing targeted reforms such as upgrading roads, ports, and power grids. As we convene under NICE’s theme ‘Infrastructure Development as the Bedrock for Growth in Trade, Economy and Investment in Nigeria,’ we confront an inescapable truth: no nation can genuinely expand trade, sustain economic growth, or attract serious investment on a foundation of borrowed or broken infrastructure. Nigeria’s infrastructure

gap is not a side issue. It is the quiet force that frustrates trade, weakens competitiveness, and turns national promise into daily economic friction. That is why infrastructure failure is such a dangerous saboteur. It does not always produce the drama of a currency crisis or the spectacle of a political scandal. More often, it appears in smaller humiliations: a factory running on diesel because the grid cannot be trusted, a farmer losing value because storage and transport are poor, a commuter wasting productive hours on broken roads, or an investor

deciding that Nigeria’s returns are not worth Nigeria’s uncertainty. These are not isolated inconveniences. They are the accumulated penalties of a country whose economic foundations are weaker than its ambitions. Infrastructure is not merely concrete and steel; it is the connective system that turns raw national potential into real productivity. The socioeconomic cost of this weakness is enormous. Nigeria’s economy grew at around 3.9-4% in 2025, below the 6%+ needed for meaningful poverty reduction and job creation. This pace lags regional peers and historical averages

My dear people, as you receive this gift box, know that its contents are more than a token of celebration. Therein is the united voice of Lagos State, saying resoundingly: We stand with President Bola Ahmed Tinubu. We stand with his Renewed Hope Agenda. We believe in the Nigeria he is building. Yes, we believe!

We have endured the pains of the reforms together, and now we are beginning to reap the rewards of our endurance. The worst

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Infrastructure Gaps: Nigeria’s Silent Saboteur of Prosperity

due to structural bottlenecks. This level of growth remains too modest for a country of Nigeria’s size and demographic pressure. At the same time, about 41.8 per cent of Nigerians were living below the $3-a-day poverty line in 2025, according to the World Bank, while headline inflation was still 15.06 per cent in February 2026. In other words, even when growth returns, too many citizens experience the economy not as an opportunity but as endurance. This is where infrastructure

President Bola Tinubu

Peter Obi