THURSDAY 8TH MAY 2025

Wigwe’s Helicopter Crash Due to Negligence, Pilot’s Error, NTSB Reveals Chinedu Eze

The National Transportation Safety Board (NTSB), the accident investigation body of the United

States has released its final report on the helicopter crash that killed Herbert Wigwe, former Group Chief Executive Officer of Access Holdings Plc, along with his family

and others.

According to the report, the crash which claimed the lives of Herbert, his wife, Doreen; their first son, Chizi; and Abimbola Ogunbanjo, the

former Group Chairman of Nigerian Exchange Group Plc (NGX Group), was attributed to a combination of pilot disorientation and the helicopter company’s negligence.

The incident, which occurred on February 9, 2024, near the Nevada border in California, resulted in the death of all six passengers aboard the helicopter registered as N130CZ.

The NTSB’s report indicated that the primary cause of the crash was the pilot’s decision to continue the Continued on page 9

Nigeria Removed from List of Countries Indebted to IMF... Page 9 Thursday 8 May, 2025 Vol 30. No 10987. Price: N400

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Jonathan: Introducing One-party State Via Backdoor Invitation to Crisis

Obi says labour of Nigeria’s founders in vain Flays double standard of protesters under Jonathan Ohanaeze Ndigbo: Keeping Nigeria united requires deliberate efforts Emmanuel Addeh and Chuks Okocha in Abuja

Former President Goodluck Jonathan yesterday warned against any attempt to introduce a one-party structure

into the country, explaining that manipulating the political system for selfish ends will be an invitation

to crisis.

Speaking in Abuja during a tribute and memorial lecture held

in honour of the late elder statesman and nationalist, Chief Edwin Clark, Jonathan agreed that although some

countries have successfully practiced Continued on page 9

Finally, Senate Passes Two Tax Reform Bills, Retains 7.5% VAT

FG gets 10%, states 55%, LGs 35% Defines derivation as place of consumption Okays tax appeal tribunal establishment Changes FIRS to NRS, Chairman to be named executive vice chairman Tax agency to get 2% cost of collection

Story on page 9

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Members of the Harmonious Chorale Group from Ghana with Sir Olu Okeowo, Chairman, Gibraltar Construction Nigeria Limited, at the premiere performance to commemorate Okeowo’s birthday at the Palacio de Okeowo, Ikoyi, Lagos… recently

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THISDAY • THURSDAY, MAY 8, 2025

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

NEWS

CELEBRATING ANOTHER DEFECTOR...

L-R: Senators Jimoh Ibrahim, Lola Ashiru, and Abdulaziz Yari; Senate Leader, Opeyemi Bamidele; Senator Kawu Sumaila; President of the Senate, Godswill Akpabio; Deputy Senate President, Jibrin Barau; and Senate Whip, Mohammed Tahir Munguno, after the defection of Sumaila from the NNPP to the ruling party, APC, yesterday on the floor of the Senate

Nigeria’s Gas Infrastructure Fund Hits $400m amid Concerns over Decade of Gas Policy Stagnation $2bn Upstream FID expected this quarter Lokpobiri bemoans unnecessary summoning of IOCs, independents by N’Assembly

Peter Uzoho in Houston,Texas The Nigerian Midstream and Downstream Gas Infrastructure Fund (NMDGIF) has so far accumulated to about $400 million as concerns around the implementation of the Decade of Gas (DoG) policy continues to swell, THISDAY learnt yesterday.

This was just as a Final Investment Decision (FID) on an upstream gas project was expected to take place this quarter to give an impetus to the realisation of the decade-long programme.

The DoG declared by the immediate-past President Muhammadu Buhari in March 2021, seeks to power Nigeria’s economy and industrialise the country by using the country’s abundant gas resources as an enabler by the end of 2030.

Providing updates on the policy during the Petroleum Technology Association of Nigeria (PETAN) Luncheon at the ongoing Offshore Technology Conference (OTC) in Houston, Texas, USA, Coordinator of the Decade of Gas Secretariat, Mr. Ed Ubong, revealed that the NMDGIF, which is one of the vehicles for the actualisation of the DoG had accumulated about $300 million to $400 million.

At the session which centred on the theme: “Harnessing Nigeria’s Gas Potential for Domestic Utilisation and Global Market,” Ubong said about N122 billion had been disbursed from the NMDGIF fund to fund

some critical infrastructure projects in partnership with project promoters “Remember that the Petroleum Industry Act (PIA) also established the Midstream and Downstream Gas Infrastructure Fund. At the last count, when we sort of looked at it, there was maybe about $300 or $400 million sitting in that fund.

“That is an equity fund where government is saying, if you want to build infrastructure, we may not have money to fully fund it. But we are willing to put some seed equity into it to provide for you investor comfort to move ahead. As at last year, that fund had disbursed about N122 billion,” he disclosed.

He expressed confidence that another batch of disbursements would be carried out before the middle of the year to fund more projects.

According to him, these are projects that play in the midstream and downstream to help close the infrastructure gap such as pipelines, Compressed Natural Gas (CNG), mini Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG) among others.

Ubong, however, admitted that Nigeria’s gas sector had been plagued by legacy issues, adding that the most important demand customer for the sector is power, with about 70 per cent, apart from the export market.

He argued that the power sector has struggled on the gas side because the power plants owed gas producers significant amounts of money.

As part of the solution, Ubong noted that in spite of the financial challenges existing in the federal budget, President Bola Tinubu in his magnanimity, had on April 4, 2024 approved the settlement of all reconciled gas to power areas He said the Minister of State for Petroleum (Gas) was working to start the deductions and draw on that base.

He pointed out that investors needed that kind of confidence that endures that the gas they put into the power plants will be paid for.

“If we don’t do it, we can sit here and hold OTC as many times as possible. Investors will be looking

The National Emergency Management Agency (NEMA) has launched Nigeria’s National Mass Fatality Response Plan, aimed at enhancing the country’s capacity for effective and coordinated response to mass fatality incidents.

Speaking at the event, the Director General of NEMA, Mrs. Zubaida Umar, described the framework as a testament to the agency’s commitment to strengthening national preparedness and response mechanisms.

“In recent years, Nigeria has witnessed numerous mass fatalities caused by disasters such as explosions, floods, building collapses, epidemics, and other tragic emergencies. These events have left families grieving

and communities devastated. Too often, the pain is compounded by the absence of a coordinated and compassionate response. This plan is our collective resolve to change that narrative,” Umar disclosed.

She explained that the plan was developed through a rigorous, consultative, and evidence-based process involving key stakeholders.

“Our goal is not only operational efficiency but also to uphold the dignity and identity of every life lost,” she added.

According to the DG NEMA, the plan will significantly boost national capacity to manage mass fatalities by improving inter-agency coordination, promoting transparency and accountability, and most importantly, restoring dignity to victims while

gas issues, particularly gas fiscals and all others.

He also mentioned the FID on the Ajaokuta-Kaduna-Kano (AKK) pipeline project, which has been under construction.

“So we sat down with this same group of people. All the resource holders said, what is holding you from bringing additional volumes to the surface? And how much can you bring?”

During engagements with operators in a bid to actualise the policy, Ubong said they identified 21 projects that would bring 4.7 billion cubic feet (BCF) of gas per day to the surface

from the supply side.

That, he said, represented about a 50 per cent growth from the current production position.

He further explained, “69 items were identified as the bottlenecks.

We called them things that needed to be unlocked. As of today, 45 of those have been fully addressed.

“We have begun to see some of the benefits. You’ve heard about the FID for Iseni. Total took FID on Ubeta.

“This quarter, we expect a $2 billion FID. Because of confidentiality, I can’t sort of announce it, but we expect another $2 billion FID to sort of happen.”

Seplat Targets Gas Export to Boost FX Earnings Peter Uzoho in Houston,Texas

With a significant rise in its gas reserves and production after the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil, Nigeria’s major indigenous energy company, Seplat Energy Plc is aiming to start exporting gas to enable it boost foreign exchange (FX) earnings and maximise value to stakeholders.

The Managing Director of Seplat Producing Nigeria Unlimited (SEPNU), Mr. Dotun Isiaka, disclosed this during a panel session organised by the Petroleum Technology Association of Nigeria (PETAN) on the sidelines

NEMA Launches National Mass Fatality Response Plan Emmanuel Addeh in Abuja

for where they can put gas and get paid.

“So that’s something that needs to happen and it’s happening. And that’s why I said the president is leading the way in enabling gas”, he said.

On the DoG programme, Ubong said progress had been recorded regardless of the perception that it had stagnated, adding that a lot had changed in the gas landscape between 2020 to 2025.

He mentioned the signing of the FID for the Nigeria Liquefied Natural Gas (NLNG) Train 7, the passage of the PIA, which for the first time provided clear sections that addressed

providing comfort to their families.

She urged stakeholders to ensure the plan becomes a living document that actively guides operations, training, and response at all levels.

In his welcome remarks, NEMA’s Director of Planning, Research, and Forecasting, Onimode Bandele, commended the DG and the International Committee of the Red Cross (ICRC) for their sustained support and determination, leading to the successful completion of the plan — a process that began seven years ago.

Also speaking, Ms. Nourane Houas, Project Coordinator for ICRC Nigeria, expressed optimism that the plan will be swiftly operationalised, enhancing preparedness, coordination, and dignity in mass fatality response efforts.

of the ongoing Offshore Technology Conference (OTC) 2025 in Houston, Texas, USA. The session’s moderator and Executive Chairman of AA Holdings, Mr. Austin Avuru had asked Isiaka to talk about Seplat’s future plan in the Nigerian gas business, having acquired MPNU, that has substantial gas reserves that could serve both export and domestic supply.

In response, Isiaka stated, “The answer is really simple. It’s both. But let me make an overarching statement that Seplat believes in energy for all in the country. We believe that gas should be the primary source to power the economy.”

He expressed Seplat’s belief that indigenous participation was needed, noting that there needs to be indigenous leadership, and that the company believes that the expertise

should come from within the country.

According to him, Seplat was front and center, playing a leadership role, stressing that a lot of collaboration would be required across the entire value chain to make it happen.

In terms of specifics around the company’s gas reserves and output, the SEPNU boss said, “I’ll start with the onshore. It’s true, as of today, we have a combined capacity between Oben and Sapele gas plant of around 550 million cubic feet per day. And in terms of what we are pushing through that system, it’s about 200 million short.

“There needs to be some effort to get additional gas from suppliers in that area. There is ANOH gas plants, 300 million cubic feet per day. It’s almost complete. It’s essentially complete.

“That’s another 300. Primarily, we

wanted to go into the domestic market.

But in the near term, we would have to make some stopgap arrangements to take it to energy.”

Referring to SEPNU, Isiaka said there are tremendous potential in the asset as well, saying the volume was approximately 14 trillion cubic feet (TCF) of gas.

He said the gas is close to existing infrastructure, adding that the company has three compression hubs in its offshore assets and a combined capacity of 1700 million cubic feet per day.

“So the 14 TCs is close to existing infrastructure. What needs to happen there is upstream expenses to bring the molecules to those compression facilities and then the pipeline to take it to shore. And we can play in both domestic market and in the export market.

Flutterwave CEO Advocates Stronger Intracontinental Trade, Says Africa Cannot Wait Africa cannot afford to remain fragmented in the face of global trade uncertainties, Flutterwave’s Founder and CEO, Olugbenga Agboola has said.

A statement disclosed that Agboola, made the remarks while speaking at the Semafor World Economic Summit.

Semafor organised its annual World Economic Summit in Washington, D.C., amidst heightened global economic uncertainties.

The event gathered leading voices from both the public and

private sectors across the world.

Speaking with Payoneer’s CEO, John Caplan, in a fireside chat moderated by Semafor’s Yinka Adegoke, Agboola stressed the urgent need to continue building infrastructure and developing initiatives to boost Africa’s crossborder trade amid geopolitical shifts.

“In a time when global trade is becoming more unpredictable, Africa cannot afford to remain fragmented, a statement quoted Agboola to have said.

While acknowledging that cross-border payment growth in the continent was not limited to the “big four” fintech markets, he expressed concerns that, “the share of overall trade within Africa is still low.”

“The momentum in trade between countries like Nigeria and Ghana, Kenya and Uganda, Rwanda and Ghana shows intraAfrican trade is happening and we’re building an infrastructure to drive that growth even more aggressively,” he added.

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NEWS

2025 ENUGU TECH FESTIVAL...

L–R: Minister of Youth Development, Mr. Ayodele Olawande; Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani; and the Governor of Enugu State, Dr. Peter Mbah, during the opening of the 2025 Enugu Tech Festival at the International Conference Centre, Enugu on Wednesday

FG Signs Financing Pact for $158m Value Chain Programme in Nine Northern States Borno, Bauchi, Kano, Katsina, Kebbi, Jigawa, Sokoko, Yobe, Zamfara to benefit

Deji Elumoye in Abuja The federal government yesterday, signed a financing agreement for the $158.15 million Value Chain Programme in Northern Nigeria (VCN).

The pact signing formed part of ongoing efforts by government at the centre to revolutionalise the agriculture sector in the country.

With the signing of the agreement, the implementation of the $158.15 million VCN project begins immediately to support agriculture value chain

development and value addition for farmers in nine states of the northern part of the country.

The initiative is co-funded by the International Fund for Agricultural Development (IFAD), the French Development Agency (AFD), and the Government of Nigeria.

The eight-year initiative validated on March 21, 2024, was conceived following Vice President Kashim Shettima’s request during UNFSS stocktaking in Rome on July 24, 2023, that IFAD should scale-up its portfolio in Nigeria and mobilise additional

partners and donors to support the agri-food transformation and food security of the Renewed Hope Agenda.

It is expected to sustainably reduce poverty, enhance nutrition, and better resilience of rural and most vulnerable populations in the nine northern states namely Borno, Bauchi, Kano, Katsina, Kebbi, Jigawa, Sokoko, Yobe and Zamfara.

Speaking while signing the financing agreement for the VCN project at the State House, Abuja, Shettima described the initiative as a product of critical thinking about the economic

reality of the northern region.

According to him, it was a fulfilment of the promise made by the administration of President Bola Tinubu to reduce poverty in Nigeria, restore dignity to the nation’s farmers, and ensure food security.

“It is a declaration of faith in the North—not as a region of deficits, but as a place of abundance. It also invites us to play our part in fulfilling the promise to reduce poverty, nourish our people, and restore dignity to farming families across Bauchi, Borno, Jigawa, Katsina, Kebbi, Sokoto, Kano,

Financial Inclusion: FG Moves to Accelerate Cash Transfers to 15 Million Households Deji Elumoye in Abuja

The federal government has commenced the implementation phase of its economic and financial inclusion strategy, which aims to improve access to economic opportunities for Nigerians.

To this end, the government has established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.

Speaking yesterday, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI), Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hadejia, explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision

and execution roadmap.

“We are off to a very good start.

What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement.

“Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer,” he said.

Hadejia, cited recent discussions that were had at the World Bank Spring Meetings, noting that, “the whole conversation was about India and what it has been able to achieve in lifting its population out of extreme poverty through financial inclusion.”

Earlier, the committee’s Secretary, Dr. Nurudeen Zauro, who also serves as the Technical Advisor to the President on Financial Inclusion, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.

According to him: “An inter-agency committee has been

established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.”

The inter-agency task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office (NASSCO), National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN), and the Nigeria Inter-Bank Settlement System (NIBSS).

Their goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.

The meeting also endorsed steps to work with state governments in localising data from the EFInA Access to Financial Services survey - a biennial study conducted by the Enhancing Financial Innovation and Access (EFInA) in Nigeria.

“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum

to ensure data is domesticated and acted upon at the subnational level,” Zauro said.

Also speaking, Director-General of NIMC, Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.

“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.

On her part, Director of Consumer Protection and Financial Inclusion at the CBN, Dr. Aisha A. Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid, adding that “Financial inclusion is one of the eight reform pillars of the President’s agenda.”

Yobe, and Zamfara.

“What has brought us together today is an investment of $158.15 million, co-financed by the International Fund for Agricultural Development (IFAD), the Agence Française de Développement (AFD), the Federal Government of Nigeria, and other stakeholders. This reflects President Bola Ahmed Tinubu’s commitment to prioritising what matters most—people, productivity, and prosperity,” the Vice President declared.

Recalling that the administration recently commenced foundation laying for the construction of Special Agro-Industrial Processing Zones (SAPZs) across Nigeria, Shettima said the VCN programme would feed into the SAPZs, serving as “a steady pipeline of raw materials and ensuring our processors no longer grope for quality inputs.

“This synergy will shift us from exporting raw produce to exporting value-added goods—creating jobs, wealth, and industrial stability,” he added.

The Vice President observed that, “the recent global trade disruptions and the resurgence of protectionism are loud warnings,” to Nigeria to begin to grow what its people eat and produce what they trade.

His words: “The agricultural tariffs and retaliatory postures of global powers like the U.S. and China have rattled commodity chains. For a nation that has long relied on food imports, the message is clear: we must grow what we eat and produce what we trade.

“The VCN answers this call. By making wheat, maize, and animal feed viable for commercial cultivation, and by investing in irrigation, processing,

and storage facilities in states like Kebbi and Jigawa, we are not just securing food—we are laying the groundwork for agricultural exports that can rival our oil.

“What makes this programme exceptional is that it targets the underserved: women, youth, persons with disabilities, and returnees. It recognises that peace and prosperity are twin goals—and that in communities scarred by conflict, agriculture is not just a livelihood; it is rehabilitation.”

Noting that the federal government will deploy digital tools to track every step, “from farmer registration to market access, from input distribution to yield analysis,” the VP assured that “in regions where migration and insecurity are fuelled by joblessness, the VCN provides vehicles for enterprise, income, and dignity.”

Earlier, former Senate President, Senator Ahmad Lawan, who spoke on behalf of the National Assembly, commended IFAD, the federal government and other partners for the conception of the programme, describing it as a well-thought-out initiative that will transform the lives and livelihoods of many in the target states and beyond.

He pledged the commitment and support of the National Assembly in the implementation of the various interventions contained in the programme.

On his part, Minister of Agriculture and Food Security, Senator Abubakar Kyari, said the signing of the financing agreement represents a significant milestone in the efforts to transform the agricultural landscape in Nigeria under the Renewed Hope Agenda of the Tinubu administration

FG Opposes Centralisation of Nuclear SEC Begins Tech Adoption Assessment Power Plants, Wants Governors’ Buy-in

for Capital Market Operators Ndubuisi Francis in Abuja

The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs).

The exercise was designed to assess the adoption of advanced technologies among registered CMOs, SEC said in a circular.

“The following technology adoption survey is designed by the Commission to assess the adoption of advanced technologies among registered Capital Market Operators (CMO).

“All registered CMOs should access and complete the survey by

logging in to the e-portal... with their current access credentials,” the circular stated, adding that the survey will be available for two weeks, between 5-20 May 2025.

The Commission called on all capital market operators to direct their enquiries to innovation@sec. gov.ng.

The Director-General of the SEC, Dr. Emomotimi Agama had recently urged stakeholders in the capital market to embrace innovation as a catalyst for growth, increased efficiency, heightened transparency, and resilience.

He disclosed that the SEC is aware of the new financial products and

services that are emerging due to technology and is committed to adapting its regulations to address these innovations.

According to him, the Commission has a three-pronged approach to regulating innovation: safety, market deepening, and solutions to problems.

This has always, and will continue to help create a more efficient and reliable capital market ecosystem.

“In the efforts to support the innovation and growth in the market, the SEC had established a programme of assessment called Regulatory Incubation to help new FinTech businesses.

Emmanuel Addeh in Abuja

The federal government has kicked against the centralisation of nuclear power plants as a source of electricity in the country, urging Nigerian governors to take advantage of the Electricity Act and invest in the renewable energy source.

Minister of Power, Chief Adebayo Adelabu, who spoke in Abuja when the acting Chairman of the Nigeria Atomic Energy Commission (NAEC), Anthony Ekedewa, visited him in his office, however stated that nuclear power remains the energy of the future.

A statement by the minister’s spokesman, Bolaji Tunji, said the meeting was part of the efforts towards expanding the scope of

electricity supply to Nigerians, to ensure the increase in power generation and make supply more stable, effective, and reliable.

Adelabu advised against the proposed establishment of four power plants with a capacity to generate 1,200mw each by the NAEC, maintaining that modular nuclear reactors are the way to go, especially with the way the government has decentralised the sector.

Besides, Adelabu said the collaboration would boost power generation and stabilise the power sector as part of the reforms being undertaken in the sector.

As an advanced source of power generation, the minister said the country would benefit significantly

from a nuclear power plant, especially with the technology that will come in, since it will make power generation less cumbersome.

He said the participation of the commission in the power sector was long overdue and promised to work with the agency to improve upon what currently obtains in the sector.

“This is an area that states can benefit from. A lot of investment has gone into the development of the commission over the years and Nigeria should start reaping from the investment,” he added.

According to him, although the process is tedious and costly, the outcome is more beneficial to the country, adding that nuclear power plants are at an advanced stage of energy generation.

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meeting to discuss ways to improve business relations...

Minister of Aviation and Aerospace Development of Nigeria, Festus Keyamo(left), and Brazilian Minister of Ports and Airports, Silvio Costa Filho, during a meeting to discuss ways to improve business relations between both countries in Brasilia on Tuesday

Report: Global Trade in Fake Goods Rose to $467bn in 2021

Oluchi Chibuzor

The global trade in counterfeit goods has remained a major threat to economies, consumers and supply chains worldwide, reaching $467 billion, according to a new Organisation for Economic Co-operation and Development and European Union Intellectual Property Office (OECD–EUIPO) report.

The new report warned that this poses risks to consumer safety and may compromise intellectual property.

According to the report released yesterday, based on the latest available data, counterfeit goods accounted for an estimated $467 billion in global trade in 2021.

It noted that since then, the same underlying patterns and risks have continued to drive the global counterfeit trade.

Titled, ‘Mapping Global Trade in Fakes 2025: Global Trends and Enforcement Challenges,’ the fourth joint study by the OECD and EUIPO, provides a detailed picture of the global counterfeit trade and offers practical guidance for policymakers to protect consumers, support legitimate businesses, and uphold the integrity of international trade.

According to the study, clothing, footwear, and leather goods among the most affected sectors, accounting jointly for 62 percent of seized

counterfeit goods.

“At the same time, the report finds that counterfeiters are expanding into new sectors reaching nearly every aspect of daily life. Hazardous fakes, including automotive parts, medicines, cosmetics, toys and food were increasingly prevalent, posing serious risks to consumer health and safety,” the report stated.

Commenting, the OECD SecretaryGeneral Mathias Cormann said, “Illicit trade threatens public safety, undermines intellectual property rights and hampers economic growth, and the risks could increase as counterfeiters leverage new technologies and techniques to avoid detection.

“The OECD’s continued monitoring and mapping of the global trade in fakes shows the need for authorities to adopt new tools and step up their cooperation and information sharing.”

Also, the study acknowledged that while China remains the dominant source of counterfeit goods, accounting for 45 percent of all reported seizures in 2021, other countries from Asia, the Middle East and Latin America are also involved in counterfeit trade.

The report also highlighted how trade routes were evolving as counterfeiters were increasingly using international waterways and adopting localisation strategies, shipping unassembled parts or packaging

to assemble fake products closer to end markets, further complicating detection.

“Counterfeiters are becoming savvy at quickly producing fake versions of in-demand products, advertising online, and taking

advantage of less scrutinised shipping methods; around 65 percent of seizures involve small parcels and mail, showing a shift toward distribution channels that offer speed, convenience, and lower risk of inspection.

“To tackle this worldwide threat, the report calls for continued monitoring and more coordinated responses, including real-time information sharing among customs, police, financial intelligence units, and market surveillance authorities.

“Stronger cooperation and exchange of best practices among trade intermediaries, postal and shipping services, free trade zones, and logistics firms, is essential in preventing the misuse of their networks”, the report stated.

Tinubu, Akpabio, Abass to Grace NIESV Conference Today

Emmanuel Addeh in Abuja

Prominent Nigerians, including President Bola Tinubu, Senate President, Godswill Akpabio as well as the Speaker of the House of Representatives, Tajudeen Abass, are expected to grace the opening ceremony of the 55th Annual Conference of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) today in Abuja.

During the programme which formally kicked off on Monday, the Nigerian president, the organisation said yesterday, shall be conferred with the honour of the Grand Patron of the Institution.

President of the group, Victor Alonge, told journalists that also

expected the Guest Speaker on the occasion will be the Chairman of the Federal Inland Revenue Service (FIRS), Dr Zaccheaus Adedeji.

“We shall be having President Bola Ahmed Tinubu, as Special Guest of Honour at the opening ceremony on Thursday, during which he shall be conferred with the honour of the Grand Patron of the Institution. The constitution of our institution gives room for the conferment of Grand Patron on the President, and State Governors as Patrons.

“Senate President, Dr. Godswill Akpabio, and Hon. Abbas Tajudeen, Speaker of the House of Representa-

tives will be Guests of Honour, while the Guest Speaker is Dr Zaccheaus Adedeji, Special Adviser to the President on Revenue & Chairman of the Federal Inland Revenue Service.

“Top government officials at the federal and state levels, captains of industries and stakeholders in the real estate sector are also expected to attend the conference,” Alonge added.

At the end of the conference, he stated that the institution would avail the government and policy makers of its resolutions, actionable solutions and suggestions to enable them come up with policy thrusts that would

enhance national development.

“We shall also make the document available to relevant stakeholders for the purpose of using the conclusions for re-appraisal and aligning of real estate practices, strategies and operations with the best global practices,” he added.

According to Alonge, it will also provide a platform for NIESV members across the globe, stakeholders in the real estate industry, government functionaries and policy makers, operators and regulators of the real estate practice and members of the academia to brainstorm on strategic issues of national importance.

Bagudu: Local Government Autonomy Should Oyetola Hails FEC on Newly Approved Propel Growth, Inclusive Development National Marine, Blue Economy Policy James Emejo in Abuja

Kasim Sumaina in Abuja

The Minister of Marine and Blue Economy, Adegboyega Oyetola, Wednesday hailed the Federal Executive Council (FEC) for approving the country’s first-ever National Marine and Blue Economy Policy.

He hinted that Nigeria has taken a bold step toward unlocking the full potential of its marine and coastal resources, adding that the landmark approval marks a watershed moment in Nigeria’s economic and environmental trajectory.

Oyetola, expressed strong optimism that the policy will lay the foundation for sustainable prosperity for the country even as he described the policy as a visionary framework for national development.

The Blue Economy Minister in a

statement by his Media and Communication Adviser, Bolaji Akinola, said: “The decision by FEC is timely and transformative. The new policy will serve as a strategic guide for the development of the marine and blue economy sector over the next ten years, helping Nigeria harness the full value of its oceans, seas, rivers, and inland waterways.

“The document provides not just policy direction, but a long-term implementation plan that aligns environmental protection with inclusive economic growth. This is a defining moment for our nation,” Oyetola said shortly after the policy’s approval.”

He further added, “The Federal Executive Council’s endorsement of this visionary policy signals a new dawn for Nigeria’s engagement with

its marine and aquatic resources. It is not just a policy document — it is a bold declaration of intent.”

He emphasised that the policy is designed to function as a living document, adaptable over time and responsive to global advancements, domestic realities, and sectoral innovation.

Oyetola explained that the policy was developed through a rigorous, inclusive process involving multilevel consultations with critical stakeholders across the country.

He underscored the importance of that collaborative approach, noting that it lends both credibility and practicality to the final product. “This is not a top-down document. It is the outcome of patient dialogue, expert input, and stakeholder consensus. That is why we are confident in its impact,” he said.

The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, yesterday said the autonomy of local governments should act as vehicle for transformation of the rural economy.

Speaking at the 18th Community of Practice (CoP) meeting in Umuahia, Abia State, the minister said local governments should transform into inclusive economic growth and development centers.

He also strongly advocated deepening local administration by creating governance structures at the ward level.

The CoP includes the Commissioners of Budget and Economic Planning from the 36 states of the federation.

The platform serves as a mechanism to support national economic coordination, enhance intergovernmental cooperation, and ensure that development objectives are aligned across

federal, state, and local government structures.

Bagudu, while addressing the meeting with the theme, “Local Government Autonomy: Imperative for Good Governance and Sustainable National Development,” argued that rapid national development would remain stunted unless local administration, particularly at the ward level, was structured to become a true engine of planning, investment, and transformation, where change is not just promised but made real.

He stated that the real question was not whether autonomy existed but how local governance could be effective within the existing framework.

The minister said, “Rather than fixating on the control debate, we must focus on functionality. Autonomy should not be seen as an end; it should be a vehicle for development, a platform for service delivery, and a pathway to citizen empowerment.”

He urged the commissioners to redefine autonomy not as detachment but as empowered interdependence.

“It challenges us to think differently, plan with intent, and act purposefully.”

Bagudu said, “True development does not trickle down—it must rise from the ground up. If we are serious about transformative change, it must begin at the very base of our society: the ward level.”

He noted that although the ward was the most foundational unit of the nation’s governance architecture, it was paradoxically the most overlooked, explaining that Nigeria must begin at that level to undergo real and lasting transformation.

According to him, “The ward is where the realities of poverty are most acutely felt—and where the impact of progress will be most visible and meaningful. Each ward in Nigeria mirrors the broader economy in miniature.

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Nigeria Removed from List of Countries Indebted to IMF Country now better placed to strengthen fiscal credibility, says presidential aide, O’tega Ogra Obinna Chima International Monetary Fund (IMF) has removed Nigeria from its list of debtor-countries.

In a report, titled, “Total IMF Credit Outstanding – Movement from May 01, 2025 to May 06, 2025,” obtained on the multilateral institution’s website yesterday, Nigeria was not listed among the debtors, which had 91 developing and least developed countries owing the fund a total of $117,797,656,224 as at May 6, 2025.

Total IMF credit outstanding refers to the total amount of unpaid and outstanding principal due to the fund from its member countries. This includes both outstanding loans under current arrangements and those that have expired.

When contacted on the development yesterday, a top IMF official in Washington DC, who pleaded to remain anonymous, told THISDAY, “We are trying to confirm the reports. Nigeria borrowed

during the pandemic. It was a rapid finance loan, and we are trying to confirm whether it has now been fully repaid.”

However, StatiSense, a data company, which also confirmed on its X handle yesterday that Nigeria was no longer listed on the list of countries indebted to IMF, revealed that as at July 28, 2023, Nigeria owed the fund $1.61 billion.

StatiSense said the debt was reduced to $1.37 billion as at January 5, 2024; $933.03 million as at July 10, 2024; $472.06 million as at January 8, 2025, before it was finally settled this month.

It was learnt that the value was converted from Special Drawing Rights (SDR), an international reserve asset created by IMF to supplement the official reserves of its member countries, to US dollars.

In a post on his X handle, Senior Special Assistant to the President on Digital Engagement, Strategy, and New Media, O’tega Ogra, said the develop-

ment was a sign of discipline, reform, and strategic reset by the Tinubu administration in restructuring “our finances to enable us to be better placed for a prosperous future”.

Ogra added, “As Nigeria closes the chapter on these legacy debt obligations, we are better placed to strengthen our fiscal credibility and show the world, and ourselves that Nigeria is serious about managing our economy with responsibility and vision.

“Does this mean no more business with the IMF or other foreign lenders? No! Nigeria still remains a member of the IMF and can approach it at any time if the situation demands.

This is definitely not a door slammed shut.

“Why? Because, global partnerships, like the IMF, remain valuable allies, especially in a world defined by volatility and uncertainty. The difference now is that any future engagement will be proactive, not reactive, and will also be based on

The senate passed two of the tax reform bills, namely the Nigeria Revenue Service (Establishment) Bill, 2025 and the Nigeria Tax Administration Bill 2025, at plenary yesterday.

The passage of the bills followed the presentation and consideration of the report of the Committee on Finance, chaired by Senator Sani Musa.

After the clause-by-clause consideration of the two bills, the red chamber retained the 7.5 per cent being collected by the federal government from consumers of goods and services as Value Added Tax (VAT).

It approved that the federal government should be entitled to 10 per cent of the total revenue collected as taxes, while the states and local governments get 55 per cent and 35 per cent, respectively.

The proposed legislation defined

derivation as the place of consumption of products and services.

It clarified that states where any product was consumed would be the beneficiary of the VAT collected on such item.

Besides, the senate okayed the establishment of Tax Appeal Tribunal.

It approved the renaming of the Federal Inland Revenue Service (FIRS) to the Nigeria Revenue Service (NRS).

Similarly, the upper chamber approved the constitution of a board of directors for the proposed NRS, with a non-executive Chairman heading the board of the agency, while the chief executive officer would be addressed as Executive Vice Chairman.

The senate okayed a two per cent cost of production for the proposed NRS from the funds collected from the oil and non-oil sectors.

It explained that the Tax Appeal Tribunal shall be funded through the Consolidated Revenue Fund, as

Wigwe’s Helicopter Crash Due to Negligence, Pilot’s Error, NTSB Reveals

flight under visual flight rules (VFR) despite encountering instrument meteorological conditions (IMC).

The reports stated that this decision led to the pilot becoming spatially disoriented and ultimately losing control of the aircraft, which crashed into the terrain.

According to the NTSB, the pilot was likely to have been affected by spatial disorientation, which occurs when the pilot’s sense of direction was compromised due to limited visibility, commonly resulting in a loss of control.

The report emphasised that the pilot’s inability to navigate effectively in these conditions was a significant factor in the fatal accident.

In addition to the pilot’s decision, the report also cited severe deficiencies in the company’s oversight and safety management processes.

The NTSB found that the helicopter company failed to ensure pilots followed essential safety procedures, including the accurate completion and updating of flight risk assessments and the proper logging of maintenance discrepancies.

Further details from the report revealed that during the flight, the pilot had communicated with the company’s Director of Maintenance (DOM) about an issue with the radar altimeter, which remained non-functional despite attempts to fix it.

The NTSB also revealed that after arriving at the airport to pick up the passengers, the pilot and a company flight follower engaged in a phone conversation but failed to discuss

the status of the radar altimeter or the current weather conditions, both of which could have impacted the flight’s safety.

The report stated: “The probable cause of this accident was the pilot’s decision to continue the flight into IMC, which led to spatial disorientation and the loss of control of the aircraft.

“Contributing factors include the company’s inadequate oversight of safety management, failure to ensure proper documentation, and the non-functioning radar altimeter.

“During the return flight, the pilot texted the director of maintenance (DOM) about the issue. After arriving at the company’s flight operations base, the pilot discussed the issue with the company flight follower (who was also the company’s president).

“A company mechanic performed some troubleshooting on the radar altimeter; however, he was unable to rectify the issue, and the radar altimeter remained non-functional.

“The mechanic reported that the pilot and the DOM were aware that the radar altimeter was not functioning, yet they departed at 1822 on the positioning flight to pick up the passengers.

“About 40 minutes later, the positioning flight landed at the airport to pick up the charter passengers. After arrival, the pilot and flight follower had a phone conversation and exchanged text messages, but they did not discuss the status of the radar altimeter or weather conditions.”

may be appropriated by the National Assembly, towards the execution of its functions under the Act. It also provided a clearer, more structured, and professional qualification standard for Tax Appeal Commissioners, promoting efficiency and credibility in tax dispute resolution.

The bill expanded the tribunal’s jurisdiction to cover all federal and state tax laws and amended it to restrict it to tax disputes and not controversies.

It said the tax appeal commissioners shall be paid salaries and allowances to be determined by the Revenue Mobilisation Allocation and Fiscal Commission. This was done to provide for emoluments.

Furthermore, the senate approved the establishment of Office of the Tax Ombud, which shall be funded from the Consolidated Revenue Fund, as may be appropriated by the National Assembly.

The senate rejected the recommendation of the finance committee, which stated, “Except as otherwise provided under this Act, any other law or any enabling agreement or arrangement or as otherwise authorised by the Board or the Executive Secretary, any person who discloses institutional information, communication, document or internal, shall on conviction, be liable to a fine of N5,000,000.00.”

The red chamber deleted the clause as being draconian, autocratic,

Director.

“Executive directors should be appointed to the Board of the Service.

We propose that the relevant clause be amended as follows.

“The President shall appoint six Executive Directors for the Service, each representing a geopolitical zone on rotational basis among the states in the zone in alphabetical order, provided that the Executive Vice Chairman and an Executive Director shall not come from the same state “The timeline for reporting by the service should not exceed three months after the end of the preceding year.

“The amount of VAT revenue standing to the credit of states and local governments shall be distributed among them on the following basis: “State Governments: Equality – 50 per cent; Population -20 per cent; Place of consumption -30 per cent; Local Governments -70 per cent; Equality -30 per cent.

“Change the word ‘Derivation’ to ‘place of consumption’ to provide clarity.

“Penalties for the following offences were amended as follows: Clause 100 – Failure to register: (a) N100,000.00 in the first month in which the failure occurs; and (b) N50,000.00 for each subsequent month in which the failure continues.

“Clause 101 – Failure to file returns:(a) N200,000.00 in the first month in which the failure oc-

curs: and (b) N50,000.00 for each subsequent month in which the failure continues.

“Clause 102 – Failure to keep books: (b) on request by the relevant tax authority, fails to provide any record or book prescribed in this Act shall be liable to pay an administrative penalty of: in the case of a person other than a company, N10,000.00, and in the case of a company, NI00,000.00.

“Clause 107 – Failure to remit tax deducted at source or self-account: A person who fails to comply with subsections (1) and (2), shall on conviction for any of the offences under this section, in addition to the administrative penalty, be liable to a term of imprisonment not exceeding three years.

“Development Levy: Retain the funding of TETFUND, NASENI, NITDA, Cyber Security and NELFUND from the Development levy using the following sharing formula: “Tertiary Education Trust Fund 50 per cent; Nigerian Education Loan Fund 15 per cent; National Information Technology Development Fund – 10 per cent; and the National Agency for Science and Engineering Infrastructure 10 per cent. Others are, the National Cybersecurity Funds – five per cent and the Defence Security Funds – 10 per cent. Retain the VAT rate at 7.5 per cent and Company Income Tax rate 30 per cent.”

O’tega Ogra partnership, not dependence.

Debt clearance today, reform momentum tomorrow.

“President Bola Tinubu will continue to prioritise long-term reforms with sound financial management for the benefit of our country and generations yet unborn. Nigeria is rising with clarity, capacity, and credibility,

Finally, Senate Passes Two Tax Reform Bills, Retains 7.5% VAT

Sunday Aborisade in Abuja

and this is why you should take a #BetOnNigeria.”

IMF recently commended Nigeria’s ongoing economic reforms, describing them as bold measures that had helped stabilise the economy and lay the groundwork for future growth.

In its recent 2025 Article IV

Consultation Mission to Nigeria last month by a team led by Axel Schimmelpfennig, IMF had stated, “The Nigerian authorities have taken important steps to stabilise the economy, enhance resilience, and support growth.

These reforms have put Nigeria in a better position to navigate the external environment.

“The macroeconomic outlook is marked by significant uncertainty. Elevated global risk sentiment and lower oil prices impact the Nigerian economy.

“Macroeconomic policies need to further strengthen buffers and resilience, reduce inflation, and support private sector-led growth.”

Schimmelpfennig, in the statement, noticed that the cessation of deficit financing

by CentraL Bank of Nigeria (CBN), removal of costly fuel subsidies, and improvements in the foreign exchange market were major policy shifts that signalled a commitment to reform.

obnoxious and self-serving.

Justifying the establishment of NRS, the senate agreed with its committee that it was to “provide for a legal, institutional and regulatory framework for the administration of taxes and revenue accruable to the government of the federation, as prescribed by the National Assembly”.

The bill said NRS would assess persons, including corporations, companies and individuals chargeable with tax, other than individuals resident in any state of the federation or the Federal Capital Territory.

The bill empowered NRS, in collaboration with the relevant ministries and agencies of government, subject to the approval of the senate, to review the tax regimes and promote the use of taxation to develop, stimulate, and grow economic activities.

NRS will also adopt measures to identify, trace, freeze, confiscate, or seize proceeds derived from tax fraud or evasion, in line with the provisions of the bill.

The bill added, “The Chairman of the Board who shall be appointed by the President; and (b) Executive Vice Chairman who shall be the head of the Revenue Service and subject to confirmation of the Senate.”

It said, “The Secretary shall be a lawyer, or a chartered accountant or a chartered secretary who shall not be less than the rank of a Deputy

Jonathan: Introducing One-party State Via Backdoor Invitation to Crisis

the system, it was carefully and meticulously designed to meet certain national objectives.

The former president stated that the issue of Nigeria slipping to a single-party state has been dominating the news in recent times, noting that it was important that he (Jonathan) contributed to the national discourse.

“When you listen to the news or go through social media, that is one thing that on an occasion like this, one needs to talk about. Yes, countries have practiced a one-party system. It may not be evil after all.

“But Julius Nyerere of Tanzania used one party state to stabilise the country in their early days of independence. His country, just like Nigeria, has many tribes and tongues and two principal religions, Christianity and Islam.

“If he had not done that, some parties would toe the line of region, some on the basis of tribes and unity would be difficult. But it was properly planned. It was not by accident. If we must as a nation go the one party route, it must be designed. It must be planned by experts and we must know what we are going into.

“But if we go through the

backdoor by political manipulations, then we will be going into a crisis.

So, I will advise that probably in a country like Nigeria, we allow the system to stay as it is, which is a multi-party system. But if we for some reason must go one-party, it should not be an accident,” he posited.

Jonathan spoke against the backdrop of the increasing number of defections from the opposition parties to the ruling All Progressives Congress (APC), which civil society organisations have said won’t augur well for Nigeria’s democracy.

Besides, Jonathan urged the Clark’s family to institute an annual memorial lecture in honour of the late nationalist, saying it would help sustain his vision for a united, equitable, and prosperous Nigeria.

In his intervention at the event, the Labour Party (LP) presidential candidate in the 2023 general elections, Mr Peter Obi, argued that the sacrifices made by Nigeria’s founding fathers and nationalists like Edwin Clark were in vain, given the situation of the country today.

Obi criticised those who protested for the reversal of the removal of fuel

subsidy under Jonathan, but have suddenly become silent under the current administration, lamenting the state of insecurity, poverty and rising cost of living nationwide.

“I am happy that General (Yakubu) Gowon is here and I am happy that former president Goodluck Jonathan is here. But I can tell you that their sacrifice is in vain. They sacrificed for nothing. We were in this country when people were protesting when there was no need to protest under Jonathan.

“Where are those protesters?

Have they died? Jonathan raised the price of fuel from N87 to N120 per litre in this country and people were protesting and when it was N900, they were not protesting. Are they dead? Why are we saying it’s not in vain?”, he asked.

Also speaking, former Head of State, Gowon, who chaired the occasion, highlighted the importance of unity in the country. “Nigeria can only make progress when national interest is placed above personal ambition,” he pointed out.

Also, the apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Worldwide, called for unity, jus-

tice, and greater state control of resources in Nigeria, stressing that such measures were essential to ensuring equity and a sense of belonging for all citizens.

President General of Ohanaeze Ndigbo, Senator John Azuta-Mbata, who lauded the legacy of the departed leader, described him as a beacon of justice and environmental advocacy.

“His life was a testament to his commitment to the struggle for justice and environmental sustainability. His unwavering determination to address the systemic underdevelopment and poverty that have plagued the region for decades is a legacy that inspires us all to continue the fight for justice, equity, and unity,” he noted.

While highlighting the importance of national cohesion, the Igbo leader reiterated that Nigeria’s diversity should be seen as a strength rather than a weakness, noting that deliberate efforts must be made to foster and maintain unity among the country’s various ethnic groups.

“Our diversity is a strength, not a weakness. However, it requires deliberate efforts to maintain our nation’s unity,” he opined.

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TOP MANAGEMENT PERSONNEL NEEDED IN OIL EXPLORATION AND PRODUCTION COMPANY We are a leading Oil Exploration and Production Company with active operatorship of prolic blocks and Oil and Gas Assets in the Niger Delta. As a result of our new expansion and development programmes, we are seeking to engage experienced, passionate and resourceful Managing Director and other Management topshots in Drilling, Completions, Facilities Management, Accounts, Commercial and Legal.

FEED and detailed engineering design, including the development/review of PFDs & P&IDs, facility revamps, optimization, debottlenecking of Crude Oil Processing Platforms/Flowstation, and Crude Oil Stabilization System.

Remunerations for the positions are clearly above industry average, and include payments in Dollars and Naira

Minimum Knowledge and Key Accountabilities • Provide support in the design and development of production facilities from conception through implementation, including wellheads, owlines, pipelines, oil/water/gas separation, conditioning and processing facilities.

• Technical evaluation of RFQs, project schedule and participate in the commercial evaluation of projects.

• Troubleshoot the process plant problems, suggest feasible short term and long term solution to problems.

• Develop, modify/review scope of work procedures/project execution plan in line with relevant specication and industry codes for job safety analysis such as HAZOP/HAZID and all related safety and precautionary issues.

• Manage and supervise engineering design and installation of repair works on company projects.

• Must not be more than 50 years of age.

MANAGING DIRECTOR

The Ideal Candidate must possess Vast Experience in management, operational, technical and commercial practices in Upstream Oil & Gas industry. The candidate must have capacity to lead and manage multiple and concurrent projects and work in a team environment. The ideal candidate must have worked in an executive or senior Management level in upstream Oil & Gas for at least 10 years in a reputable company and with overall working experience of not less than 25 years. The candidate will report to the Board and have ultimate responsibility for the Company's performance.

Key Accountabilities • Source for and coordinate resources both internal and external to ensure the continued growth of the company.

• Identify and develop new business opportunities as required by the Board.

• Lead and manage the team of highly qualied and experienced heads of departments and other professionals to increase production, maximize growth and protability of the company.

• Implement the decisions of the Board of Directors and act as the focal point for relationship with the Board.

• Provide direction for the technical and other teams for achieving challenging targets and objectives.

• Oversee the operations of the company and manage its compliance with legal and regulatory bodies/requirements.

Qualications/ Competencies • Relevant academic background in Engineering or other relevant disciplines.

Postgraduate degrees are desirable but Vast and Top Management Experience in reputable organisations are of utmost importance.

• Good Commercial experience.

• Excellent interpersonal and analytical skills.

• Prociency in formulating policies, developing and implementing new strategies and procedures to achieve corporate goals.

• Must have multicultural exposure with the ability to mix and interact at different levels of the society • Good Leadership skills and medium to longterm strategist.

• Must be above 45 years of age

SENIOR DRILLING ENGINEER

The Ideal candidate must have good knowledge of Operational and Technical Practices in an E & P company. He is expected to have Vast Experience in drilling operations.

The candidate must be able to lead and manage multiple concurrent projects, working in a team environment. He must have worked in a managerial position for at least 5 years in a reputable E&P company and overall E&P experience of not less than 15 years.

Qualications and Key Accountabilities • Minimum Bachelor of Science (B.Sc.) degree in a core engineering discipline.

• A Master's degree or its equivalent will be an added advantage.

• Plan, organize, coordinate and optimally manage the implementation of Company's drilling operations, ensuring design and well activities are optimized, understood, planned, resourced and managed within agreed times and budgets • Provide technical expertise to troubleshoot major drilling challenges.

• Coordinate the preparation of drilling and testing programmes, including equipment specication and selection, vendors selection as well as ow modelling, and stress analysis, etc, for planned jobs • Provide forward activities forecast and requirements for continuous activities on the drilling rigs operations.

• Manage Company's HSE policy and

procedure for drilling and well completions.

• Review cost estimates and controls for drilling and completion activities • Must have experience in eld development plans, execution and management.

• Liaise with project partners, such as geologists and drilling contractors etc, in order to keep up-to-date on all developments that may have an impact on drilling activities.

• Ensuring that drilling and well completion operations comply with statutory and regulatory requirements.

• Must have strong leadership, interpersonal and communication skills to work in a multidisciplinary and multi-tasking team.

• Must be result oriented and committed to company goals.

• Must be capable of representing the company with regulatory and government agencies.

• Must have working knowledge of commonly used and relevant drilling, operations and production management software.

SENIOR COMPLETIONS ENGINEER

The Ideal candidate must have Vast Experience in Well Completions and be able to lead and manage multiple concurrent projects, working in a team environment. He must have worked in a managerial position for at least 5 years in a reputable E&P company and overall E&P experience of not less than 15 years.

Qualications and Key Accountabilities • HND or Bachelor of Science (B.Sc.) degree in a core engineering discipline • A Master's degree or equivalent will be an added advantage.

• Coordinate well surveillance operations/study and recommend optimum ow rates for producing wells • Maintain and analyze production data as well as required records for day-to-day production operation • Diagnose, troubleshoot and solve well production problems and recommend slick line zone changes etc • Design and prepare detailed completion, work-over, stimulation, horizontal production logging and jetting in unloading procedures of wells • In-depth knowledge of production, facilities and well engineering • Prepare necessary regulatory reports, equipment performance reports, routing engineering reports and well production tests • Must be capable of applying operational, engineering and management principles to resolve problems and optimize hydrocarbon production enhancement opportunities • Must be very strong in general reservoir engineering, production optimization, well interventions and work-over opportunity generation, interfacing with drilling and operations teams • Must be capable of representing the company with regulatory and government agencies.

• Champion the enforcement of standards and procedures to ensure a safe and healthy working environment • Ensure company's compliance with all regulations from relevant regulatory agencies.

• Candidate must be good in using petroleum experts' MBAL/PROPSPER/GAP software • Must be competent to prepare and champion completion and other reservoir simulation /dynamic modelling, material balance and other reservoir modelling runs to understand reservoir behaviour • Must be result oriented and committed to company goals, have a proven ability to plan / lead projects and must be able to work under pressure.

SENIOR FACILITIES ENGINEER The ideal candidate must have Vast Knowledge of facilities practices engineering.

Must also be competent in conceptual design,

Minimum Knowledge and Key Accountabilities • Minimum of a Bachelor's degree in Mechanical, Petroleum, Chemical or Electrical Engineering or other relevant Engineering degree • A Master's degree in Engineering will be an added advantage.

• A minimum of fteen (15) years of relevant experience in an E&P company with a track record of engineering design/ operations of Oil & Gas facilities.

• Ability to prepare work schedules and comprehensive engineering designs to meet project objectives and deadlines.

• Must be able to communicate effectively with all levels of Management and Contactors.

• Result oriented and committed to company goals.

• Competent in conceptual design, FEED and detailed engineering design.

• Manage and apply multiple concurrent eld projects and work in a team environment.

• Capable of providing commercial solutions that deliver optimum hydrocarbon value chain.

SENIOR ACCOUNTANTS

Minimum Knowledge and Key Accountabilities • Preparing Financial Statements for Management decision.

• Managing the Financial and Management Accounting Processes on a daily basis.

• Implementing approved Accounting Processes, Systems and Controls for Products and Services.

• Ensuring all Creditors' balances are diligently and completely recorded and accounted for on a daily basis.

• Monitoring and managing Stock, and ensuring Inventories are properly kept.

• Rendering accurate and timely returns to appropriate Statutory Regulatory Authorities, in compliance with all applicable requirements.

• Planning, organizing and implementing Accounting Operations towards achievement of established goals and objectives.

• Conduct risk assessment reviews from time to time, to determine key audit areas.

Qualications Experience and Skills • Bachelor's degree in Accounting, Business Administration, Social Sciences, Engineering, or any other relevant discipline.

• Must be a Chartered Accountant (ACA/ ACCA).

• High degree of Integrity, Condentiality, Condence and ability to adapt to Company Culture.

• Working knowledge of Oracle ERP and Accounts Management tools.

• Good knowledge of telecommunications industry dynamics will be an added advantage.

• Minimum of 15 years post-qualication experience in Accounts / Finance related Job function.

• Good background in Audit, Stock Management Processes and MIS compulsory.

COMMERCIAL MANAGERS

(with experience in Upstream Operations) Qualications, Experience and Skills • HND or Bachelor's degree in Engineering, Sciences, Social Sciences or the Humanities.

A post-graduate degree would be added advantage • Minimum of 15 years hands-on postgraduation experience • Excellent leadership and communication skills • A good team player and with good negotiation skills • Ready, and available to work long hours in a challenging but exceptionally rewarding environment • Good communication, presentation and reporting skills • Procient in the use of Microsoft ofce Packages: MS Word, Excel and PowerPoint • High degree of integrity, condentiality, condence and ability to contribute to corporate culture Key Accountabilities • Develop and implement effective commercial strategies.

• Negotiate and nalize agreements with clients and vendors.

• Monitor market trends and identify business opportunities.

• Collaborate with cross-functional teams to achieve business objectives.

• Ensure compliance with regulatory standards and industry best practices.

• Conduct market research and analysis.

• Manage contract negotiations and renewals.

• Provide strategic guidance on pricing and product positioning.

SENIOR LAWYERS

This position requires seasoned and consummate Lawyers with good knowledge of corporate and Oil & Gas laws. The ideal candidates must have a minimum of twenty (20) years relevant post call experience.

Qualications and Required Competencies • Membership of the NBA • Good knowledge of Oil & Gas Laws.

• Versatile in corporate law, legal drafting, litigation, arbitration proceedings and special skill in vetting contract and international agreements.

• Ability to work as part of a team and with both internal and external stakeholders with diverse cultural backgrounds.

• Minimum of 15 years post call experience.

• Must not be more than 50 years of age.

• Must be procient in the use of IT Software.

Key Responsibilities • Provide legal advice and support to company's Upstream businesses • Provide legal advice and support on substantial and complex offshore exploration opportunities, including supporting exploration ventures in civil and common law jurisdictions • Identify and prioritize legal risks and alternative strategies on a variety of matters.

• Ensure documents accurately reect commercial decisions, always consistent with legal obligations and the control framework.

• Ability to act as an integrator of legal advice and organize, participate, or as appropriate, lead legal team to ensure delivery of integrated and purposeful legal advice with an end-to-end value mindset.

• Represent the company on third party transactions.

• Provide advice in connection with key engagements with regulatory agencies and other stakeholders.

• Instruct and manage external legal advisers

HOW TO APPLY Qualied professionals should send their application letter and CVs to:

oilproducing.topshots@gmail.com not later than two weeks from the date of this publication with position applied for as subject of the email.

• Only shortlisted candidates will be contacted.

THURSDAY MAY 8, 2025 • T H I S D AY

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Property & environment

Africa Poised to Become a Global Leader in Carbon Markets, Says New Report Bennett Oghifo

A new report, the 2025 Africa Carbon Market Outlook (ACMO 25) says Africa is poised to become a global leader in carbon markets.

The report, set for online launch on Wednesday, 14th May at 10am GMT, says Africa’s carbon markets, both for voluntary and compliance carbon credits, are expected to see rapid expansion in 2025 and succeeding years, underpinned by the continent’s extensive natural resources and ecosystem.

The report says, “Equally important for African carbon markets is the demand for social integrity in carbon projects. As the carbon market expands, there is increasing scrutiny of the social and ecological impacts of offset projects.

“Africa is in a unique position to lead the way in ensuring that carbon market growth aligns with the principles of climate justice.

“Africa is poised to become a global leader in Carbon Markets with projected annual growth of 15% - 20% and 30 million jobs by 2030, with revenue expected to surge to $120 billion by 2050.”

These are amongst the key findings of the new report, published on Monday, 5th May, by the Africa Carbon Market Network.

“African countries are taking ambitious steps to establish robust frameworks for carbon markets. The strengthening of policy frameworks with the introduction of carbon taxation, integrated emissions trading systems, and setting up of national registries are all significant

drivers”, said Dr Okeh Austine Sadiq, lead author end Editor of the Carbon Free Africa Network.

The report highlights that countries such as South Africa, Kenya, Zimbabwe, Tanzania and Ghana are leading the way in aligning their policies with global carbon pricing mechanisms. The private sector’s interest in Africa’s carbon markets is an undeniable trend for 2025. International companies, climate finance institutions, and development banks are heavily investing in Africa’s carbon offset projects. Key sectors such as renewable energy projects, sustainable agriculture and forest conservation are poised to attract substantial investments.

“We mustn’t underestimate the challenges,” said Dr Okeh Austine Sadiq.

“There is a pressing need

for greater liquidity as smaller carbon projects often struggle to gain traction due to financing constraints. Many African nations also face technical barriers such as lack of infrastructure and expertise in carbon project development. The challenge is to ensure the democratization of Africa’s carbon markets as regional integration deepens. We must provide the enabling conditions where smaller scale projects, especially those led by local communities, and small-holder farmers can have greater access to funding and resources. With the right investments, governance frameworks, and technological innovations, Africa is well positioned to become a global leader in carbon off-setting driving both climate mitigation and sustainable development.”

Okeh Austine Sadiq

AMMC Begins Reclamation of Abuja Waterways Olawale Ajimotokan in Abuja The Abuja Metropolitan Management Council (AMMC), an agency of the Federal Capital Territory Administration has begun the reclamation of flood plains and water channels encroached upon by individuals and developers.

AMMC Coordinator, Felix Obuah led heads of relevant agencies on a joint site visit to Utako and Guzape, where recalcitrant developers were discovered to be raising

buildings and culverts along waterways.

He marveled at the attempts by a developer to construct a concrete pavement over a river channel in Utako and vowed to track down and prosecute the erring developer.

“We want this to serve as a lesson to other developers who take laws into their hands. Right today, we have mobilized equipment and materials and machines. They are right here. You witness it.

Most of all those buildings

that are not supposed to be, that do not have approval, will go down. And this is not only the one. Any other building that does not have approval, or that is built in a waterway, in a road corridor, it is no longer business as usual.”

Obuah, who was also infuriated by the level of encroachment into the floodplains by the developer of City Scape Estate Villa at Guzape District, said the FCT Administration would not fold its arms and watch

developers risk the lives of subscribers.

It was gathered that the ‘As Built Approval’ issued to City Scape Estate Villa permitted the construction of 18 structures in the estate, but the developer encroached into the flood plain to develop 42 structures in all.

Obuah therefore ordered the immediate demolition of the illegal buildings and culverts on flood plains in both districts, stressing that the FCT Administration under the leadership of Nyesom

Wike would not hesitate to go after any developer contravening town planning laws and building approval.

He also threatened to sanction district officers who shirked their responsibility of identifying and reporting building contraventions before they become a challenge.

“We are no longer going to take chances with any officer.

We don’t want to do this work. They have been paid their salaries. They have been taken care of. So there is no reason why the Minister of

FCT, Chief Administrative Officer of the UK, is doing everything, having sleepless nights, to change the narrative of Abuja, while some grunt elements are busy sabotaging the effort. We can’t allow it. That is why we have invited all of you to see what we are seeing and do the needful.”

Reacting, the Director of Abuja Environmental Protection Board (AEPB), Osilama Braimah, condemned the altering of natural features of the areas.

Julius Berger Wins Construction Company of the Year Award at World Press Freedom Day 2025 Fadekemi Ajakaiye Frontline engineering construction company, Julius Berger NigeriBerger at the weekend clinched the prestigious Construction Company of the Year Award amidst pomp, as journalists

celebrate the 2025 World Press Freedom Day in Abuja.

According to the National President of Nigeria Union of Journalists, NUJ, Comrade Alhassan Yahya who presented the Award plaque to Julius Berger at the well attended event, Julius Berger

Nigeria PLC deserves the Award having being at the frontline of several landmark projects across the country.

We have observed during the year under review that the company has remained the best in all the construction works they have

L-R: National President, Nigeria Union of Journalists, Comrade Alhassan Yahya presenting the Construction Company of the Year to the Director, Administration, Julius Berger Nigeria Plc, while Ms Bassey Effiong of the company’s Media Relations Office looks on, in Abuja... recently

undertaken and the ones that are currently Work-InProgress. Name it, from Eko Bridge, Lagos built in 1965, through the Second Niger Bridge to the ongoing BodoBonny Road, Julius Berger is excelling. We must state that you are deserving of this Award and more, the NUJ President declared amidst applause.

Speaking after receiving the Award on behalf of Julius Berger, the Director, Administration, Alh. Dr. Abdulaziz Kaita thanked the NUJ for the Award saying that it is a most unique gesture coming same day with the commemoration of the World Press Freedom Day. This honour, especially coming in commemoration of World Press Freedom Day, carries a deep and symbolic significance for us, the Director said.

Noting that the Day was set aside to celebrate the fundamental principles of press freedom, assess the state of press freedom worldwide, defend the media from attacks on their independence,

and pay tribute to journalists who have lost their lives in the line of duty, Kaita added that, the United Nations underscored the Day to highlight the importance of a free press.

Thus, as a company, we are elated to be so honoured with this Award on this Day when the world is acknowledging the contributions of members of the fourth estate to worldwide development, he further said, adding, this recognition is not only a testament to the innovative impact we have made in the construction industry, but also a validation of our unwavering commitment to excellence, safety, and sustainable development in Nigeria. At Julius Berger, we believe that innovation is not merely an option—it is a responsibility we owe to the future of infrastructure and to the communities we serve.

He said that at Julius Berger Nigeria Plc, innovation is at the heart of everything. From pioneering cold recycling technology

for more sustainable road construction, to deploying advanced digital tools in project management and engineering design, to setting benchmarks with ISO 9001 quality assurance standards and ISO 45001 occupational safety practices, Kaita declared that the company has consistently raised the bar in Nigeria’s construction landscape.

He therefore concluded that, through these innovations, Julius Berger is not only building infrastructure, we are building trust, empowering local talent, and driving Nigeria’s industrial and economic advancement.

Other winners at the Press Freedom and Good Governance Awards 2025 organised by the NUJ included the Governors of Kaduna, and Kebbi States as well as the Executive Secretary of Tertiary Education Trust Fund, TETFUND, Nigeria National Petroleuim Company Ltd; Dirtector General National Senior Citizens Centre and the National Bureau of Statistics, NBS.

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T H I S D AY • THURsday MAY 8, 2025

Politics

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

Anambra Guber: Soludo, Ukachukwu, Chukwuma Jostle for Ubah’s Political Clan

David-Chyddy Eleke reports that frontline governorship candidates in Anambra state including Prof.

Chukwuma Soludo, Prince Nicholas Ukachukwu and Sir Paul Chukwuma are jostling to have a share of late Senator Ifeanyi Ubah’s political structure ahead of the November, 2025 gubernatorial poll in the state.

Soludo

B

efore his death in July, 2024, Senator Ifeanyi Ubah had put together a big political structure that cuts across all segments of the society in Anambra State. This did not come without years of hard work by the Nnewi born late politician. Ubah spent his time, energy and resources to form a political machinery that grew to become one of the most formidable in the state.

His political structure became so reliable that he didn’t need to contest an election under a known political party before he could win. This was seen in the last two elections he participated in before his death, where he contested under little known Young Progressives Party (YPP), and back to back, he won the election to Senate, beating candidates of other well established parties with formidable candidates.

He knew that to win election you need not only the support of the people who form the voting strength, but also the backing of men of means, the power of the media for one to remain visible and also the backing of security.

All these, Ubah had in abundance as he created and formed many groups, and chose some of the best hands to man them and the results were very visible.

In his lifetime, Ubah was known to have the highest number of support groups. They included Ubah Nation media, taking care of his media visibility; Afaigbonefuna to mobilize his Igbo interest, Ifeanyi Ubah Solidarity Movement to galvanize support among the masses, Senator Ifeanyi Ubah women to champion the cause of women and woo them into group, Ifeanyi Ubah Foundation to take care of the downtrodden, door to door campaign team for vote canvassing, Ikemba women initiative, Olilanya Ndi Anambra team, Ikemba Front, among others, which formed what was known as Ifeanyi Ubah Political Family.

Ubah also controls a group of friends, all known to be young Anambra billionaires who live all across the world with the name Anambra Progressives. In the area of security, Ubah set up and equipped a security outfit operating in his Nnewi area, which he partly prepared too for his governorship contest. All these are political machineries which Ubah set up and oiled with his funds until his death last year.

At his death, and with the governorship election just seven months away, politicians

Ukachukwu

jostling for the governorship seat have found Ubah’s political structure attractive, and have been wooing the various heads of the groups which championed the victory of the late senator.

The trio of Prof Chukwuma Soludo, candidate of All Progressives Grand Alliance (APGA), Sir Paul Chukwuma; candidate of Young Progressives Party (YPP) and Prince Nicholas Ukachukwu, candidate of All Progressives Congress (APC) are in the forefront of the jostle to inherit Ifeanyi Ubah’s political structures. Coincidentally, all three candidates belong to progressive parties, or better still, political parties that have progressives attached to their names.

SOLUDO: Recently, some political structures of late Ubah collapsed into the APGA to support Governor Chukwuma Soludo, in a massive rally organized by some heads of the group called Ifeanyi political family, the groups led by Kamen Ogbonna, former media aide of Ubah held at the International Convention Center in Awka. During the rally, Anambra State Governor, Prof.

Chukwuma Soludo welcome thousands of supporters of late Senator Ubah from APC into APGA. The supporters who came from various support groups, who were working for the late senator said they

Chukwuma

were inspired to join APGA to work for the re-election of Governor Soludo because they knew that like Ubah, Soludo has the wellbeing of Anambra State at heart. Soludo while welcoming them said it was unfortunate that Ubah passed on at a very young age, insisting that he had a conversation with him shortly before his death, in which they had a plan for the senator to work for his re-election. He said he would look for a way to immortalise the deceased.

Soludo said: “I want to welcome you people into the big tent of the APGA. I want to welcome all of you back into the APGA fold. I welcome you to APGA, this is where you belong. This is the place where every Anambra person should belong, because the ideology of APGA is in sync with what Anambra stands for. We are welcoming you with open arms, and I want to tell you that in APGA, we are all equal as far as membership is concerned, not minding how many years you have been in the party.

“My journey with Ifeanyi Ubah is personal and a very long one. Our relationship dated back to when I was governor of CBN. He came into APGA after contesting for governor on the platform of Labour Party in 2013. In 2019 he contested for the ticket of APGA for governor, but he was disqualified. I want to apologize to him posthumously that he would have won the primary of APGA landslide, but he was unjustly disqualified.

“I suffered the same fate in 2013. APGA came to me in 2012 to ask me to run for governor

The trio of Prof Chukwuma Soludo, candidate of All Progressives Grand Alliance (APGA); Sir Paul Chukwuma, candidate of Young Progressives Party (YPP) and Prince Nicholas Ukachukwu, candidate of All Progressives Congress (APC) are in the forefront of the jostle to inherit Ifeanyi Ubah’s political structures. Coincidentally, all three candidates belong to progressive parties, or better still, political parties that have progressives attached to their names.

on their platform and I told them I would think about it. In 2013, I went to them and told them I was now ready for the contest, but they disqualified me. A former CBN governor, a governorship candidate of PDP in 2010, was disqualified all of a sudden. But I think it happened for good. Today I’m a governor of the same party and the leader of the same political party that disqualified me. Same way, in 2019, Ubah was poised for the guber contest to pave way for themselves, and he left for YPP. I know many of you here left with him and went to YPP because of that incident.

“He used the YPP and won the Senate landslide and became a senator. We used to throw banters about him coming back to APGA and he would always say it is something that must be well arranged. If Ubah was alive, perhaps, he would have been the one to organise a massive rally for me as you people are doing today. Let me tell you a story, before Ifeanyi Ubah’s death, we met at a function here in this hall and he sat by me. I told him jokingly that I have seen he plans to contest for governor, but we will humiliate him.He laughed and told me he had spoken to the leader of his party (APC), and he knows it will be difficult for him to remove me. He said he would tell Sir Emeka Offor to convene a meeting between me and him, let’s see how he can work for me.

“Emeka Offor confirmed to me that Ubah told him the same thing, but it is unfortunate that before we could meet, he died. That is why I said perhaps he would have worked for me in the election if he was alive. Ifeanyi Ubah was a very generous man who lived his short but purposeful life of just 52 years for all.

I remember the Okada riders who he used to open up his filling station for them to take fuel free of charge. We will ensure we immortalise him, even if it is by naming a street after him.

But we will do better to find a monument to name after him,” Soludo said.

Leader of the defecting members of the Ifeanyi Ubah’s support groups from APC, Hon Kamen Ogbonna, in his speech urged APGA members to accept them as part of them, as they are coming into the party to help build Anambra and support the re-election of Governor Soludo.

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

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T H I S D AY •THURSDay, MAY 8, 2025

FEatures From Uniform to Enterprise: NAFRC, EMPRETEC Equip Officers for Life Beyond Service

Group Features Editor: Chiemelie Ezeobi Email chiemelie.ezeobi@thisdaylive.com, Tel: 07010510430

In a move to strengthen post-service reintegration and economic self-reliance among military personnel, the Nigerian Armed Forces Resettlement Centre (NAFRC), in partnership with EMPRETEC Nigeria Foundation, has graduated 31 officers from its Entrepreneurship and Management Training Course. Chiemelie Ezeobi writes that the intensive six-week programme focused on equipping senior and mid-level officers with practical skills in business development, leadership, and agriculture for life after service

T

he Nigerian Armed Forces Resettlement Centre (NAFRC), in collaboration with the EMPRETEC Nigeria Foundation, has graduated 31 senior and mid-level officers from its Entrepreneurship and Management Training Course (14/2025), marking a significant milestone in Nigeria’s efforts to empower military personnel with life-changing business skills.

Held at the Centre’s Resource Complex in Oshodi, Lagos, the six-week intensive course equipped officers with entrepreneurial, vocational and leadership competencies to aid their transition into civilian life.

The programme included a visit to Songhai Farms in Port Novo, Benin Republic, to underscore the role of agriculture in sustainable business.

Air Vice Marshal (AVM) Bashir Rimi Mamman, Commandant of NAFRC, described the training as a “strategic initiative to boost productivity, self-reliance, and post-service reintegration.”

“You have been empowered to shape the future, turn visions into realities, and contribute to national development,” he told the graduates.

“Leadership is not just about authority—it is about empowering others.”

The graduates consisted of 17 officers from the Major to Lieutenant Colonel ranks and 14 officers in the Colonel to Major General cadre, alongside four NAFRC personnel. AVM Mamman praised their dedication and noted the Centre’s intention to hold the course quarterly to reach more officers.

“As entrepreneurs and managers, be reminded that you are engines of growth, creators of

L-R: Director of Training, Brigadier General I.O. Olatunji; Air Vice Marshal (AVM) Bashir Rimi Mamman, Commandant of NAFRC; and H.E. Donald Duke, former Cross River State Governor and Chairman of the EMPRETEC Nigeria Foundation wealth and drivers of innovation in a rapidly evolving world,” he said.

He added that the curriculum had been reviewed to meet the high standards expected of senior officers and highlighted agriculture as a key area for sustainable post-service ventures.

Beyond training, NAFRC has taken further steps to support the officers by facilitating business registration. AVM Mamman announced that the Corporate Affairs Commission (CAC) will visit the

Centre in June to assist graduates in formalising their ventures.

“As part of efforts toward ensuring that participants register their businesses with ease, the Centre has invited the CAC to facilitate the process of business registration for participants,” he said.

The graduation ceremony was chaired

by H.E. Donald Duke, former Cross River State Governor and Chairman of the EMPRETEC Nigeria Foundation.

Representing the Foundation’s founder, his wife Mrs Onari Duke, he lauded the officers and the NAFRC training team for their efforts.

“As ‘Empretecos,’ I urge you to embrace innovation, effective management, and social responsibility,” Duke said. “The entrepreneurial mindset you’ve developed here will drive positive change in our society.”

Mrs Duke, in her remarks delivered by her husband, stressed the significance of the new skills acquired.“Innovation and risktaking drive entrepreneurial success, and effective management fuels organisational growth,” she said. “Your new skills can positively impact your communities.”

Director of Training, Brigadier General I.O. Olatunji, disclosed that 30 participants completed the course out of the 85 expected, citing their discipline and commitment. He described the programme as a testament to the Centre’s dedication to the long-term welfare of military personnel.

Certificates were awarded by AVM Mamman, with special recognition given to outstanding performers. The event highlighted the deepening role of NAFRC in building bridges between military service and civilian enterprise. With Nigeria’s increasing focus on job creation, productivity and innovation, the NAFRC-EMPRETEC collaboration stands out as a forward-looking model. It offers officers not just a soft landing from military service, but a springboard into a new life of leadership, entrepreneurship and national contribution.

Lagos Waterways Get Safety Boost as NIWA, LASWA, Bras Marine Launch Joint Campaign

Chiemelie Ezeobi writes that the recent partnership between the National Inland Waterways Authority (NIWA), the Lagos State Waterways Authority (LASWA), and Bras Marine and Yacht Services Ltd, targets public education, stricter enforcement, multi-stakeholder collaboration and safer transport systems in the new campaign, while promoting a culture of responsibility among boat operators, passengers, and regulators alike

I

n a powerful display of public-private collaboration, the National Inland Waterways Authority (NIWA), the Lagos State Waterways Authority (LASWA), and Bras Marine and Yacht Services Ltd have joined forces to launch a sweeping safety campaign aimed at tackling the perennial risks associated with water transportation in Lagos.

With boat mishaps claiming lives annually, the campaign places urgent focus on safety education, stricter enforcement, and multi-stakeholder collaborations.

The campaign also seeks to heighten public awareness on water travel best practices and promote a culture of responsibility among boat operators, passengers, and regulators alike.

“For us at NIWA, this partnership represents a critical turning point,” declared Engr. Sarat Buraimo, NIWA’s Area Manager, during a press conference in Lagos. “Our goal is simple: to reduce accidents on our waterways to the barest minimum. We want every passenger and every operator to understand that safety is non-negotiable. Whether you are boarding a ferry in Lagos or crossing a river in another state, we want Nigerians to know they can trust the system.”

Buraimo noted that while public education is vital, enforcement is key to long-term change. “We are not just here to sensitise the public; we are here to strengthen enforcement. Operators who flout safety regulations—overloading, lack of life jackets and poor maintenance—must know that we are watching. We will not hesitate to apply sanctions where necessary,” she stated.

She also announced that NIWA will introduce certification programmes to ensure operators are formally trained. “We need to start with the operators, many of whom have never received formal training.

We will be rolling out new operator certification

L-R: Mr. Paul Kihodu; Engr Sarat Buraimo, Area Manager, National Inland Waterway Authority; Prince Yomi Sonuga, Chairman Bras Marine and Yacht Services; Mr. Damilola Emmanuel, GM Lagos State Waterways Authority; and Mr. Tomek Kepa, SeaRay International programmes to make sure they understand basic safety procedures, navigation rules, and passenger responsibility,” she said.

Also speaking, LASWA General Manager, Oluwadamilola Emmanuel stressed the importance of partnership in improving safety standards.

“We need the cooperation of all relevant stakeholders. For me, the key element here is collaboration—and we are witnessing that today.

The government cannot do it alone. In terms of safety and awareness, we need the support of private sector organisations,” he said.

He referenced a previous donation of 2,500 life jackets by Total Nigeria Limited, noting its positive impact. “Lagos is surrounded by water, and we want to ensure that we can optimise water transportation safely. While we’re doing well, the reward for hard work is even more

work. We need to do more,” Emmanuel added.

He called on other Nigerian states to develop their waterways, noting that 28 of the 36 states have yet to fully utilise this resource.

Bras Marine Services Chairman, Prince Yomi Sonuga, echoed the need for improved safety compliance, especially regarding overcrowding and equipment failures. “Safety is a great concern we all should take seriously because casualties from boat accidents are devastating.

“We remember the number of people that died when 360 passengers were packed on a 90-passenger boat,” he said. “This happens everywhere, not just in Nigeria, when there’s overcrowding or when authorities fail to enforce regulations.”

He argued that operators must take greater responsibility and not prioritise profit over human life. “The operators have to take responsibility.

They cannot just be counting naira; they need to consider that life is important. Anything we can do to assist you as operators—that’s why we’re here,” Sonuga said.

He proposed Bras Marine’s support could include discounted safety equipment and spare parts rather than just life jacket donations. He also revealed a significant tourism opportunity on the horizon.

“One of the world’s largest cruise companies is considering Lagos as a hub. Imagine hundreds of millions of dollars coming into Lagos when these cruise ships start arriving. Apart from transportation, this will boost tourism and create business opportunities across Epe, Badagry and beyond,” he said.

The initiative signals a united front to create a safer, more regulated waterway system in Lagos, with the hope that other regions across Nigeria will follow suit.

T H I S D AY THURSDAY MAY 8, 2025 20 TR

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& RE A S O

Thursday May 8, 2025 Vol 27. No 10987

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opinion@thisdaylive.com

www.thisdaylive.com

BETWEEN ZULUM AND IDRIS

A governor must know when to talk, and when to act, argues TAJUDEEN KAREEM

See page 21

ISSUES WITH THE CNG POWERED CARS

Though a better alternative to petrol, TAYO OGUNBIYI argues the need to establish more CNG stations across the country

See page 21

EDITORIAL

AS BOKO HARAM REGROUPS...

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The increasing inter-party migrations in Nigeria are undermining democratic ideals and practices, MONDAY PHILIPS EKPE warns

DEFECTIONS AND RUMOURS OF DEFECTIONS Bring it on, Nigerian politicians! What else can they do now to shock those who know them well? They have become so predictable in their self-centeredness that most of the citizens they claim to serve have resigned to a fate they most probably never anticipated at the commencement of the fourth republic in 1999. The latest bug is defection, an exercise that is by no means new but now assumes more cancerous dimensions. At the last count, some members of Edo State House of Assembly, including the speaker, have just moved from Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). But that action has lesser implications for regional and national politics than the one that occurred in Delta State a fortnight ago.

The significance of what Vice President Kashim Shettima described in Asaba as “a political tsunami of unimaginable proportions that had never happened in the history of the South-South sub-region and the history of Nigeria” is still unfolding. As expected, the sheer magnitude of the operation, number and calibre of the dramatis personae have brought joy to the top APC hierarchy whose governmental incumbency sits pretty atop an increasingly linear, monopolistic polity. As for the deflated PDP, it remains to be seen how what is left of its bravado can salvage anything to keep it afloat, relevant and competitive in what appears to be a looming contest between an all-conquering APC and its cowered, disjointed opponents.

I’m still trying to digest that melodrama in Delta being condemned by some as betrayal and opportunism but hailed by others as bold and visionary. Senator Ifeanyi Okowa, immediate past governor of the state who, only two years ago, canvassed for votes around the federation as vice presidential candidate of PDP, made a consequential statement of his political career the other day: “It was not about me; it was not about the governor, but about the fact that there is a need for us to connect to Abuja. That goodwill that is in Abuja, that resource that is in Abuja - of which Delta State is a large contributor - there was a need to connect to it. I was governor for eight years. I was in opposition. I did my best, but we lost a lot. As the governor is doing a lot for us, he also needs to connect to the greater source of power, resources, and goodwill in Abuja.

“It is time for us to embrace each other our brothers and sisters who were already in the APC and those of us that have come into the family. We need to embrace each other and work with oneness of heart. It is time for us to stand together in great support for Mr President and Mr Governor because together we can truly dominate the politics in Delta State. I believe there will be no other party, with this move that we have made.”

That sounds altruistic, no doubt, but it hasn’t doused the overwhelming views that Okowa did what he did for narrow, selfish reasons, especially in relation to his pending cases with the Economic and Financial Crimes Commission (EFCC). But does that

even matter now? Survival instinct has always been on man’s priority list. And members of the Nigerian political class are not known to disguise theirs often. Sadly, Okowa is yet another reminder that there are many of his kind in critical positions who act without qualms about the larger consequences of their actions.

Governor Sheriff Oborevwori’s comment the day he led the decampees into the opposing side is equally indicative of our politicians’ tendency to weaponise half-truths in efforts to make certain doubtful steps look agreeable. His words: “What you have seen here today is a movement, not a defection.

We have consulted stakeholders at all levels.

Mr President has shown us love. We cannot face him in 2027 to work against him. When you consult widely, you can see that the love is organic.”

The cynics who once scoffed at Oborevwori’s capacity to command English language well in public must now, at least, recognise his ability to muster one or two quotable quotes of his own, especially on august occasions.

Just see the way he threw love - delight, liking, fondness and adoration - into the less sublime mix of muscular politics on display in Nigeria today. What shall we say then? For Tinubu so loved Delta State that the Sheriff could not but hand the political soul of the place to him?

The ways of Nigerian politicians are truly past finding out!

To further roughen an already challenged atmosphere, few days after the Delta experience, Akwa Ibom State Governor, Pastor Umo Eno, threw the party that brought him to power in 2023 under the bus, hinting at his imminent departure from it. And he did that with a biting imagery. Imagine this: “If you wanted to travel with Ibom Airline and, on the verge of taking off, it developed a fault that won’t enable it to fly, won’t you board the next available plane to take you to your destination?”

Haba, man of God! Has it now come to this?

You’re supposed to be among the highestranking functionaries of the party that ran the present democratic dispensation from nascency to adolescence and later handed power over successfully. No matter the current state of that organisation, you should have been more circumspect in speaking against it.

Sadly, you’re indeed not alone. You’re actually in a large company of less tactful position seekers and occupants.

A commissioner in Delta gave a similar analogy earlier. But, in comparing PDP to palm wine that loses its taste, he unwittingly accused his co-travellers of being motivated by their own appetites, thereby suggesting that any talk about pursuing general interest is merely academic. It’s obvious that political parties in the country mainly serve as vehicles for power grabbing and furthering of private aggrandisements. Even at that, we may have underrated the extent to which this mindset has degenerated.

I am not a PDP apologist. And no plans to become one. It’s on record, however, that but for the maturity and selflessness of PDP’s President Goodluck Jonathan who accepted his defeat by APC’s President Muhammadu Buhari in 2015 despite his own party’s dream of ruling for 60 years, the history of democracy and, possibly, the country itself would have turned out differently. So, instead of the unfortunate gloating by some of its erstwhile pillars, PDP’s rapidly dwindling fortunes ought to sober everyone. Because of its nationwide spread and historic advantage, the party, more than the rest rivals of APC, still possesses the potential to provide the much-needed strong opposition. The ongoing attempts to forge a coalition that can checkmate APC are better spearheaded by PDP chieftains for the same reasons.

Let’s be clear. Moving from one political party to another in itself isn’t an aberration. It’s a global phenomenon. On a good day, it could even signify a healthy political environment in which members are free to make choices that do not have to be in agreement with the mainstream. Besides, cross-carpeting has been with us since the 1950s when 20 members of the National Council of Nigeria and the Cameroons (NCNC) defected to Action Group (AG) to enhance the chances of Chief Obafemi Awolowo to become the premier of western Nigeria to the disadvantage of Dr Nnamdi Azikiwe. The second republic also witnessed its share of political desertions.

But what we have now is unprecedented both in character and volume. Who will tell our politicians that the nation’s hard-won democracy mustn’t be taken for granted? How would they know that the repercussions for their rascality can also consume them?

Dr Ekpe is a member of THISDAY Editorial Board

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THURSDAY MAY 8, 2025

A governor must know when to talk, and when to act, argues TAJUDEEN KAREEM

BETWEEN ZULUM AND IDRIS

There has been lots of furore on a brief comment made by the Minister of Information and National Orientation, Mallam Mohammed Idris regarding the security situation in the North East, and precisely in Borno State after the commotion created by Governor Baba Gana Zulum.

Let us be clear from the beginning that the minister had a duty to defend the Tinubu Administration. Let us also concede that the governor knows where the shoe pinches. So, Prof Zulum was right to raise the alarm when insurgents started to regroup and started menacing his territories.

What exactly did the minister say to warrant a vitriolic response from the Zulum camp? This is the response of Mallam Idris to the alarm raised

by Zulum: “Yes, security is indeed improving in many parts of the country even if acts of violence have not been completely eradicated. Security agencies are working round the clock to ensure that the situation in some parts of Borno State and other areas is brought under control.

“The synergy we have seen in the operations of security agencies especially in the last two years and the massive investment in hardware and other equipment indicates the seriousness which the federal government attaches to this issue. The Tinubu administration is committed to eradicating acts of banditry and terrorism across the country.

“The successes achieved by the security agencies in the last 18 months is an indication that indeed Nigeria is gradually returning to normalcy. Government calls on all especially the subnational governments to join hands to ensure rapid eradication of the remaining pockets of criminal elements wherever they may be.”

Nothing in the minister’s response contradicted the assertions of the governor. There was no attempt to diminish the seriousness of the situation painted by Zulum. There was even no attempt to exonerate the federal government from its responsibilities!

The Tinubu administration is committed to eradicating acts of banditry and terrorism across the country, the minister reiterated. So, where did he go wrong?

It can be assumed that Zulum did not have sufficient time to thoroughly understand media messages before responding to the minister. More likely, some overzealous media aides, more political than the one elected by the people, must have misled Governor Zulum to criticise the minister openly and unjustly.

Commentators have criticized Zulum's initial response without acknowledging that State Governors should have more information and better understand government operations.

Let us recall that the office of the Minister made attempts to elucidate on the issue. Mallam Rabiu Ibrahim, special assistant, issued a statement and wrote, inter alia: “A misleading caption by an online publication suggesting that the Minister, Mohammed Idris dismissed the recent concerns raised by the Governor of Borno State, Prof. Babagana Umara Zulum, regarding the se-

curity situation in the state is categorically false and a gross distortion of the Minister’s remarks.

“At no time did the Minister say ‘Ignore Zulum, Boko Haram is not taking over Borno.’ Such a headline is not only sensational but deliberately crafted to stoke public misunderstanding and distract from the serious work the federal government is doing to address security challenges.

“In his response to media inquiries on Governor Zulum’s remarks, the Minister clearly acknowledged that while the federal government has made considerable progress in restoring peace and security across many parts of the country, some areas continue to face security challenges.

“He emphasized the ongoing efforts by the military and security forces, the sustained investments in security hardware and intelligence, and the federal government’s unwavering commitment to eradicating terrorism and banditry under the leadership of President Bola Ahmed Tinubu.

“The Minister further called on all stakeholders, including state governments, to continue partnering with the federal government to bring lasting peace to affected communities.

“His comments were intended to provide context on the progress made, not to dismiss or downplay legitimate concerns.”

The minister himself, a public relations expert, has urged public officers to equip themselves with media and information literacy to avoid being vulnerable to misleading content or easily swayed by falsehoods and biased narratives.

At the second spokespersons Summit organised by the Nigerian Institute of Public Relations in Abuja, Idris emphasized that in today’s media-saturated world - where everyone, from PR professionals to CEOs, functions as a spokesperson, the ability to decipher, analyse, and evaluate information is no longer optional but essential.

“Today, in a world where everyone is a spokesperson, it becomes ever more paramount, to equip individuals with the tools to decipher, analyse and evaluate messages conveyed through various media channels, enabling the latitude to make informed decisions and engage with media content responsibly.

“Lately, due in effect to the lack of media literacy – the inability to analyse and contextualize media content in order to verify authenticity – public officers, and indeed the general public, have become prone to the cankerworm of fake news, misinformation and disinformation,” he said.

As often said by President Bola Tinubu, state governors must learn to provide good governance to their people rather than run to Abuja looking for solution to all ailments.

“Let the people be at the heart of your programmes. Your hard work and concrete achievements will answer any criticism. Ignore distractions — your results will speak for you,” Tinubu stated during the commissioning of major infrastructure projects during his recent visit to Katsina State.

Kareem is a public relations practitioner in Abuja.

Though a better alternative to petrol, TAYO OGUNBIYI argues the need to establish more CNG stations across the country

ISSUES WITH THE CNG POWERED CARS One of the major policy pronouncements of President Bola Tinubu upon his inauguration was the termination of the controversial fuel subsidy regime.

I can still vividly recollect how Mr. President looked into the excited crowd at the Eagle Square and screamed, “Fuel subsidy is gone!”

If the crowd did not fully understand the import of the rather weighty pronouncement, they surely did by the following morning, as the fuel pump price astronomically moved from around N180 to over N1200.

Thus began a hyperinflation regime that suddenly shot up the prices of many items. Most affected, however, was the price of food items, as pepper, tomato, yam, rice, garri, and beans, among others, became prized items.

This, coupled with the high cost of transportation, made life quite unbearable for the average compatriot.

Suddenly, the street became cold and quiet. This is no joke, the street simply stopped smiling. Perhaps, the most badly hit were the operatives of the informal sector who rely heavily on spending from middlelevel income earners to survive. Sadly, the middle-level income earners were not finding things easy either.

To say that yours sincerely also felt the heat would be an understatement. For me, most hit was the cost of fueling my car. Before the cancellation of the fuel subsidy regime, I was hardly spending close to N40,000 on fuel for my car every month. However, with the “fuel subsidy is gone” assertion, it shot up by more than 300%. I was spending close to N300,000 per month on fuel. It got so bad that I became nervous each time I gazed at the fuel gauge and discovered I needed to urgently refuel. By now, a few guys have abandoned their cars, opting for commercial vehicles. The road had become lighter with limited vehicles moving around.

It was a time that truly tested the much-talked-about resilient spirit of Nigerians. Considering the impolite, lousy, and uncouth nature of the typical Lagos driver and bus conductor, for me, going through commercial buses was never an alluring option.

So, I opted to carry my cross and sulk in silence.

Meanwhile, the high cost of fuel was driving me crazy.

Still, I chose to go by the hard way, which, as James Hardly Chase says, is the only way.

But then, I was soon to discover that the hard way, in this regard, was not the only way!

On a fateful day, I received a call from a good friend of mine, Ayoade, who lives in the highbrow part of the metropolis. After exchanging pleasantries, I teased him about the fuel situation, “I am sure you guys with fat pay care less about the high cost of fuel. As they say, man pass man”.

“Who says?” he asked.

“For your information, I have not taken my SUV out for about one year now. Fuelling it costs a fortune. So, what I do is to make use of my corolla car.

Comparatively, it’s cheaper to fuel that”, he said.

Then, all of a sudden, he changed the gear of the conversation.

“Well, I have since moved on”, he said.

“How do you mean?”, I asked rather curiously.

“I have converted my SUV to CNG. I cannot come and die?”, he replied.

To douse my inquisitiveness, Ayoade went on to lecture me on CNG and the process involved en route conversion. By the average guy’s standard, he spent quite a fortune to make his SUV CNG compliant.

That, in his words, was a saving grace. Ever since, he said he has stopped wasting so much on fuelling.

He said, “That’s the way to go now, my brother.

Do not listen to the lies on social media. It’s safe, convenient, and cost-effective to use CNG. I have been using it for about a year now, and I can tell you that I have no regrets”.

Encouraged by Ayoade’s sincere analysis and advice, I also decided to have a go at the CNG experience. With his guidance, I was able to convert my car at a lesser cost because of it's limited engine capacity. That was in November 2024.

Making that decision is a lifesaver. Indeed, that was

probably the wisest financial decision that I made in 2014. Swiftly, my finances improved, and my blood pressure stabilized! From spending close to N300,000 a month on fuel, my expenses dropped dramatically to a little below N30,000 monthly.

Yes, you heard me right!

It was like magic! It was too good to be true. The first time I visited the gas station to fill my tank, and I saw the cost on the meter, I couldn’t believe my eyes.

“What did you say, sir?” I asked the attendant.

“Your money is N2,800, sir”, he repeated.

I cleared my eyes, looked at the meter, made the payment, and quickly zoomed off before he changed his mind.

That was how I was liberated from the shackles of the high cost of fuel.

I have been driving my CNG-powered car since November 2024, and I can confidently attest to the fact that it is a better option, especially for middleincome earners.

I had traveled from Lagos to Osogbo, in Osun State, spending less than N5000 on gas. I had traveled from Lagos to Ibadan in Oyo State, spending a mere N3800 on gas. I had traveled from Lagos to Abeokuta, spending less than N3000 on gas. For the average car user, the CNG is nothing but an economic liberator.

However, in the typical Naija fashion, these days, it is increasingly becoming tough and arduous to get one’s car filled up. Many Nigerians, especially operatives of Danfo, Marwa, and Korope, have also jasi (become compliant).

Only God knows how!

But the truth is that a lot of the commercial bus operators now use CNG. As a result of this, getting one’s car filled up with gas is now like the proverbial eye of the needle.

It is becoming increasingly strenuous, stressful, and irritating. These days, one spends close to two hours waiting to get a refill. It’s as bad as that. If not for its immense economic benefits, it’s almost becoming a frustrating experience.

One finds it rather incredible that in the whole of Lagos, there are not up to eight functional CNG stations. I stand to be corrected, anyway! In the whole of Oyo and Osun States, as I write this piece, the functional CNG stations are not up to three.

With the high rate at which many are converting to CNG, it is quite clear that the number of CNG stations across the country needs to be increased urgently and rapidly.

The promoters of CNG did a lot to convince the people to make the shift, so they need to do more to retain them. The government and all stakeholders need to do more to fully entrench the CNG culture into our transport system. It is good to have options, and it is a better option!

Considering the relief that it brings to the people, especially car users, the only way the government could show that it cares about the welfare of the people is to encourage more investment in the whole CNG system.

Ogunbiyi is Director, Features, Ministry of Information & Strategy, Alausa, Ikeja, Lagos

22 4

T H I S D AY

EDITORIAL

Editor, Editorial Page PETER ISHAKA Email peter.ishaka@thisdaylive.com

T

THURSDAY MAY 8, 2025

CONVICTION OF THE BRT KILLER The court ruling is in order

he Lagos Bus Rapid Transit (BRT) driver, Andrew Ominikoron, arrested in the March 2022 murder of Oluwabamise Ayanwola was last Friday sentenced to death by the Lagos State High Court. In her judgment on the tragic case that raises serious questions about the safety of public transportation, Justice Sherifat Sonaike held that the Lagos State Government had successfully proved its case beyond reasonable doubt before prescribing the maximum penalty of death sentence for Ominikoron. The deceased, 22, was abducted after boarding a BRT in Lagos but was found dead nine days later in circumstances that suggested rape and murder. Ominikoron was arraigned on a five-count charge in connection with the girl’s death, as well as the sexual assault and rape of two other victims, Anosike Victoria and Maryland Ojiezelu.

While we once again commiserate with the family of the late Ayanwola, it is good that there is a closure on this tragic incident that speaks to the growing violence and lawlessness across the country. A promising young woman had boarded a Lagos government BRT before her untimely death in gory circumstances. According to reports, before her body was dumped, the young lady had been raped with some parts of her body taken away, presumably for ritual purposes. The fact that such things could happen on a government-owned public transport system made the tragedy even more egregious.

The murder was significant because BRT buses are considered one of the safest means of commuting within Lagos State. They were not previously associated with the “one chance” phenomenon in which robbers and ritual killers lure victims into vehicles for their nefarious activities. The tragedy therefore represented an

escalation of worsening security and a tightening of the noose, metaphorically speaking, for residents in a transportation system characterised by inadequacies and risks.

Meanwhile, as we noted in a previous editorial, the incident has thrown up the issue of public safety. If riding in a state-owned vehicle is deadly, which one is safe? Besides, concerned authorities did not treat the tragedy with the urgency and seriousness it deserved.

Elder brother to the deceased, James Joel, who spoke on behalf of the family at the time, said it took 10 days before the Police could disclose that the body had been found, whereas it was found the same day she boarded the bus. The Lagos State government was also lackadaisical in their initial response, raising questions as to whether the murder would not have attracted more attention if the family of the victim had been people of high status in the society.

Now that the court has established what happened with punishment for the culprit, the Lagos State government must ensure that all BRT employees are made to go through rigorous background checks and their addresses and that of their sponsors verified. Also, CCTV cameras should be installed in all buses to monitor the drivers and commuters. Lastly, all the BRT buses should be fitted with alarm systems, which a passenger could press when in danger.

The alarm system should also be remotely connected to the BRT terminus (a kind of command and coordinating centre) such that any alarm raised from any BRT bus can be seen and the location identified for immediate response.

It is also our hope that authorities across the country will use this tragedy to investigate the issue of ‘one chance’ and how to address the menace. In major cities in the country today, far too many Nigerians are falling prey to criminal activities inside public transport.

In major cities in the country today, far too many Nigerians are falling prey to criminal activities inside public transport T H I S D AY

EDITOR SHAKA MOMODU DEPUTY EDITOR WALE OLALEYE MANAGING DIRECTOR ENIOLA BELLO DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN THE OMBUDSMAN KAYODE KOMOLAFE

T H I S D AY N E W S PA P E R S L I M I T E D

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, ANTHONY OGEDENGBE DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI SNR. ASSOCIATE DIRECTOR ERIC OJEH ASSOCIATE DIRECTOR PATRICK EIMIUHI CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO TO SEND EMAIL: first name.surname@thisdaylive.com

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

LETTERS

DEEPER ISSUES WITHIN OUR EDUCATION SYSTEM Blame keeps us trapped in the past, pointing fingers instead of finding answers. Progress begins when we trade blame for responsibility, empathy, and a commitment to move forward together.

I once taught a young girl who was quite brilliant; she was curious, hardworking, and full of promise. But at home, her dreams were interrupted. Her parents didn’t believe academic success was worth encouraging for her at that age.

Instead, they gave her rules that pulled her away from her books.

Chores were usually timed during her study hours, no light for night reading, and constant discouragement. She came to school almost every day with incomplete home work accompanied with one excuse or the other. Watching her struggle in silence broke my heart. She had so much potential, yet her environment did everything to dim her light.

Stories like hers are more common than we’d like to admit, and they reflect deeper issues within our education system.

The recently released JAMB results once again brings this reality to the surface. The outcomes are not just numbers; rather, they’re a mirror showing us the consequences of years of neglect and misplaced priorities.

Education, which should be the foundation of national growth, has

I ESCAPED

suffered deeply.

Another trend that worries me is the pressure some parents place on schools for double promotions.

While the intent may be good as they perceived, skipping foundational learning stages often leaves children struggling in higher classes, unprepared and overwhelmed.

Learning is not a race. Every child deserves the chance to grasp each level thoroughly before moving on.

Even more concerning is the hidden and sometimes open support for exam malpractice. Lobbying for children to pass at all costs sends the wrong message, that integrity and hard work don’t matter. In trying to help, we may be doing more harm than good. It’s time we rethink our collective approach.

Let’s support learning, not shortcuts.

Let’s build an education system where every child, regardless of background, can truly thrive.The future we want starts with the education we give today.

Like many people, I have been in a cell at Alcatraz Island but escaped. It's a lot easier when you are a tourist.

Now President Trump wants to reopen it as a working prison for the worst. Prisoners have previously escaped from cells but died crossing the bay, we presume.

There are surely enough, secure jails already and if not, building and running prisons is very profitable.

Basically it's probably another attention distracting stunt rather than wiping out an interesting tourist spot.

However, he might be looking at converting it to a luxurious venue given the number of previous attempts to jail him.

Grace Ehi Ekainu, an educator and creative writer, Kano State

Dennis Fitzgerald, Melbourne, Australia

23

T H I S D AY • Thursday, May 8, 2025

BUSINESSWORLD R A T E S MONEY MARKET

A S

REPO

A T

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

08056356325

A p r i l

S & P INDEX

3 0 , 2 0 2 5

S & P INDEX

EXCHANGE RATE

OPR

25.34%

CALL

23.25%

INDEX LEVEL

595.26

1/4 to daTE

0.24%

N1,502 / 1 US DOLLAR*

OVERNIGHT

25.18%

1-MONTH

21.37%

1-DAY

0.10%

YEAR TO DATE

-10.99%

*AS AT Wed., May 7, 2025

3-MONTH

22.41%

MONTH-TO-DATE

0.24%

Again, Nigeria’s .ng Domain Name Registration Slides to 229,250 After Attaining 231,556 in March

Emma Okonji Nigeria has continued to witness a downward trend in the registration, renewal and restoration of its .ng domain name since the beginning of the year, according to the latest statistics released by the Nigeria Internet Registration Association (NiRA), the body responsible for managing Nigeria’s country code Top Level Domain (ccTLD).

The total figure for the registration, renewal and restoration of .ng domain name dropped to 229,250 in April, after attaining 231,556 in March this year.

The figure had also dropped in January, February and March this

year, before dropping again to 229,250 in April.

According to the statistics, the total .ng domain name registration, renewal and restoration, reached 234,083 in January 2025, but dropped slightly to 232,853 in February, with a further drop to 231,556 in March 2025, before dropping again to 229,250 in April this year.

Although the summation of .ng domain name includes registration, renewal and restoration, but the latest statistics on Nigeria’s .ng domain name as released

by NiRA, showed that registration alone reached 6,200 in February 2025, and increased slightly to 6,440 in March, but dropped 5,803

in April 2025.

The .ng domain name renewal alone was 4,492 in February 2025, and increased to 5,724 in March 2025, but dropped to 5,363 in April 2025, while the .ng domain name restoration alone was 118 in February 2025, and increased to 137 in March 2025, with a further increase to 184 in April 2025.

The ccTLD .ng domain name is Nigeria’s identity in cyberspace, which has the .ng at the suffix of every official email address that originates from Nigeria. In the United Kingdom, all official email addresses end with .co.uk.

In United States of America, they end with .com, while in South Africa, the official email

addresses end with .co.za.

Nigeria had initially maintained a steady growth in the adoption and usage of .ng domain name across different sectors of the economy and the growth attracted commendations from the global community of Internet Corporation for Assigned Names and Numbers (ICANN) in 2023.

ICAN had commended Nigeria in 2023 for surpassing the 225,000 mark for all registered .ng domain names in the country, when Nigeria attained the 226,702 in June 2023. Nigeria had further populated its .ng domain name registration from August to November in 2023, before it dropped slightly to 229,583

in December 2024. The figure however reached 234,083 in January 2025, before dropping again to 232,853 in February, with another drop to 231,556 in March 2025, and a further drop to 229,250 in April 2025, according to the latest statistics released by NiRA. In NiRA’s Newsletter for the month of April 2025, its President, Adesola Akinsanya, spoke about NiRA’s commitment to driving .ng domain adoption and advancing Nigeria’s digital landscape.

According to him, “NiRA is working to ensure that .ng domain name plays a transformative role in Nigeria’s digital journey. NiRA remains deeply committed to advancing

and protecting the .ng domain as a trusted and strategic element of our national internet infrastructure. Our actions are guided by the values of accountability, innovation, and collective responsibility.

“At NiRA, it’s never just about reporting what we’ve done—it’s about showing how every step we take aligns with our core purpose: strengthening Nigeria’s digital identity through the growth and adoption of the .ng domain.”

“In the month of April, our engagements have been intentional and focused with one goal in mind: advancing the .ng domain registry and ensuring it reflects the innovation of Nigeria,” Akinsanya further said.

Mastercard Targets 3m African Farmers as Digital Payment Economy Set to Reach $1.5trn by 2030 Agnes Ekebuike In a bid to fast-track Africa’s leap into a digital-first financial future, Mastercard has reaffirmed its commitment to inclusive growth with a landmark $300 million initiative aimed at empowering three million farmers across Nigeria, Kenya, and Tanzania.

This is coming at a time when the African digital payment economy is projected to reach $1.5 trillion by 2030.

The investment, which was

facilitated in collaboration with the African Development Bank (ADB), forms part of a broader strategy to integrate underserved communities into the formal financial system and unlock the continent’s untapped economic potential.

Mastercard’s Country Manager and Area Business Head for West Africa, Fola Shadefemi-Lawal, who disclosed the initiative recently on ARISE News Channels, the broadcast arm of THISDAY Newspaper, said the initiative underscored

the company’s mission to connect one billion people to the digital economy by the end of 2025. This includes targeted support for 50 million small businesses and 25 million female entrepreneurs.

“We came not just to do business in Africa, but to create real value. With our deep investment in technology and partnerships across banking, telecoms, government, and fintech sectors, Mastercard is strategically positioned to enable access where it matters most,”

Shadefemi-Lawal said.

The aggressive push comes amid predictions that Africa’s digital payments economy will soar to $1.5 trillion by 2030, as revealed in a new Mastercardcommissioned report by Genesis Analytics.

Shadefemi-Lawal attributes the explosive growth to factors like a 20 per cent annual increase in internet penetration and the continent being home to nine of the world’s 20 fastestgrowing economies.

Beyond the numbers,

Mastercard’s innovations are bridging the access gap in rural regions. Its collaborations with KaiOS, a mobile OS provider, enable low-cost feature phones to function as payment acceptance tools, eliminating the need for traditional and costly point-of-sale systems.

Additionally, tools like tapon-phone and QR payments are transforming how small businesses transact across borders.

“Technology is our bridge to inclusion,” Shadefemi-Lawal

emphasised, adding that it’s what turns strategy into impact for Africa’s MSMEs, farmers, and innovators.

As the continent races toward a digital economic transformation, Mastercard’s initiatives are not only accelerating financial inclusion but reshaping Africa’s role in the global financial landscape, making inclusion, empowerment, and innovation more than buzzwords, but tangible milestones of progress,” Shadefemi-Lawal added.

M a r k e t d ata A s at W e d n e s d ay, A p r i l 3 0 , 2 0 2 5 BILLS

BONDS Description Price Yield Change Updated Time (%) ^16.2884 17May 95.83 18.98 0.00 7, MAR-2027 2025 ^19.94 20May 101.12 19.15 -0.01 MAR-2027 7, 2025 ^13.98 23May 88.97 19.19 0.00 FEB-2028 7, 2025 ^21.00 20May 104.32 18.95 -0.01 7, MAR-2028 2025 ^14.55 26May 87.05 19.45 0.00 7, APR-2029 2025

Maturity NTB 8-May25 NTB 5-Jun25 NTB 10-Jul25 NTB 7-Aug25 NTB 4-Sep25

Discount Yield

Change (%) Updated Time

Maturity

17.82

17.89

May -0.01 7, 2025

17.95

18.27

May -0.01 7, 2025

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17.71

May -0.01 7, 2025

17.67

18.56

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TGIF CP II 3-JUN-25 MCIL CP II 16-JUL-25 JVIL CP XI 20-JUN-25 FAST CP VI 11-AUG-25 MTNN CP XII 30-JUL-25

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CPs Discount Yield 25.74

26.70

21.02

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25.42

26.35

24.10

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21.06

22.23

Change (%)

Updated Time

May 0.03 7, 2025 May -0.39 7, 2025 May -0.14 7, 2025 May -0.40 7, 2025 May -0.54 7, 2025

Contract Current Tenor Contract Rate ($/₦) (Month) NGUS MAY 13M 27 2026 NGUS JUN 14M 24 2026 NGUS JUL 15M 29 2026 NGUS AUG 16M 26 2026 NGUS SEP 17M 30 2026

Updated Time

May 7, 2025 May 7, 2025 May 7, 2025 May 7, 2025 May 7, 2025

24

Thursday, May 8, 2025 • T H I S D AY

BUSINESSWORLD

ECONOMY

UNITY Shipping Worldwide: New Era of Nigerian Global Shipping

With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation.

In a historic move, the Nigerian National Petroleum Company Limited has partnered with Swedish global shipping titan, Stena Bulk and Nigerian marine and aviation logistics giant, Caverton to launch UNITY Shipping Worldwide.

This partnership, formalised in April 2025, promises to reinvigorate Nigeria’s shipping prowess on a global stage, aligning with the government’s vision of a thriving, profitable oil sector. Oluchi Chibuzor reports

L-R: Chief Executive Officer, Caverton Offshore Support Group, Olabode Makanjuola; Chief Executive Officer, Stena Bulk, Erik Hannel; Minister of Marine and Blue Economy, Adegboyega Oyetola; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and Group Chief Executive Officer. NNPCL, Bayo Ojulari

I

n its ongoing evolution, the Nigerian National Petroleum Company (NNPC) Limited made a critical decision back in 2018 to consolidate its shipping capabilities under NNPC Shipping Limited (NSL). The aim was to streamline operations and build a fleet comparable to global shipping leaders. Fast forward to 2025, and this vision has taken shape with the approval and subsequent signing of a joint venture with Stena Bulk and Caverton.

The announcement comes at a time when the global oil shipping demand is at an all-time high, with shipping playing a crucial role in the sustained global demand for energy. West Africa, with Nigeria as a significant contributor, exports approximately 3.8 million barrels of oil per day, underscoring the region’s vital role in energy logistics. The partnership is heralded as a crucial advancement for the Nigerian maritime sector, which has faced challenges in securing a substantial foothold on the international stage.

Historically, Nigeria’s maritime activities have evolved from simple trade systems in the 19th century to more structured advancements with the establishment of institutions like the Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA). However, previous attempts to establish a national fleet, such as the now-defunct Nigerian National Shipping Line (NNSL), have met with financial insolvency and operational hurdles. Currently, Nigeria, the eighth-largest oil exporter globally, has lacked a national fleet—a gap that UNITY Shipping Worldwide is designed to fill.

This blend of Nigerian entrepreneurship and global maritime expertise is represented by Caverton, a logistics giant with an impressive market share in the regional oil and gas sector.

With experience catering to major players like Nigeria LNG, Shell, Chevron, and Total, Caverton is well-placed to steer this joint venture toward success. Joining forces with Stena Bulk, known for its global shipping innovations and profitable joint ventures like the Stena Sonangol Suezmax Pool, the partnership harnesses a powerful maritime heritage.

Major transformation

At the formalisation meeting of Unity Shipping Worldwide held at the NNPC Tower, Abuja, were the NNPC Senior Management Team led by the Group CEO Bayo Ojulari. During his brief remarks he stated that, “NNPC is geared for major transformation and the ambitions set out are very clear. Shipping is a critical part of this transformation and he looks forward to journey as it will be a historic and unprecedented journey for the industry and for the NNPC with support from all levels of government.”

The new joint venture according to shipping experts will enable NNPC to deepen and expand its presence globally.

Praised for reigniting the country’s shipping identity, the partnership aligns with the government’s vision for local content participation. Nigeria’s Petroleum Minister, Heineken Lokpobiri, celebrated the venture as a bold move to revolutionise the energy sector and fortify Nigeria’s economic standing globally. During a presentation visit of the Unity partners in Abuja the minister said, “Unity Shipping Worldwide is evidence of President Bola Tinubu’s vision and was made possible by his leadership and vision in industrial reforms. It reflects the kind of impact-driven collaboration that we believe will transform the energy sector and strengthen Nigeria’s economic position.”

He added, “For us to maximise expected profitability and deliver long-term value to the nation, every sector of the industry must be actively firm and aligned with one another.

UNITY represents a practical example of the government’s local content aspirations becoming reality. I am pleased to see a Nigerian company (Caverton) at the heart of this strategic partnership. It is not only a reflection of our commitment to inclusive development but also ensures national participation.”

“Whatever we need to do as a government and as shareholders will be done to ensure that NNPC has the best deal in the overall interest of Nigerians. We will support this partnership with every power that we have.

So, congratulations to all the parties as we look

This strategic alignment is more than a commercial endeavour; it’s a strategic advancement that restores Nigeria’s global maritime footprint. The success of UNITY Shipping Worldwide will depend on collaborative innovation and robust operational agility, pushing the nation closer to achieving self-reliance in shipping capacities, safeguarding its position within the global energy landscape, and underscoring its economic aspirations.

This blend of Nigerian entrepreneurship and global maritime expertise is represented by Caverton, a logistics giant with an impressive market share in the regional oil and gas sector. With experience catering to major players like Nigeria LNG, Shell, Chevron, and Total, Caverton is well-placed to steer this joint venture toward success. Joining forces with Stena Bulk, known for its global shipping innovations and profitable joint ventures like the Stena Sonangol Suezmax Pool, the partnership harnesses a powerful maritime heritage. forward to seeing how this will be implemented for the benefit of all of us,” he stated.

Tinubu administration’s aspirations

Equally endorsed by Minister of Marine and Blue Economy, Adegboyega Oyetola while welcoming the UNITY Shipping partners at the Ministry of Marine and Blue Economy, the Honourable Minister stated that the initiative mirrors the administration’s aspirations for indigenous shipping participation and international collaboration in maritime operations.

According to him, the collaboration is laudable, particularly the detailed presentation of the business model of operations. “I am excited today,” he said. “Having lost the moribund Nigerian National Shipping Line, NNSL, a committee was set up by the Ministry to see the possibility of bringing back a national flag carrier shipping line that is based on Private Public Partnership (PPP). I don’t believe government should get involved in running some of the activities as I believe it is better to allow a private sector leader such as Caverton to help drive a venture like this.” Oyetola reiterated government support in encouraging indigenous efforts adding, “this is a perfect and laudable achievement in line with President’s agenda.”

For the CEO of Caverton, Olabode Makanjuola, the venture represents the culmination of years of planning. Emphasising a formidable blend of local knowledge and global best practices, Unity Shipping Worldwide is set to benefit not only Nigeria but also the wider sub-Saharan African region.

He stated, “This joint venture – the result of close to a decade of planning – marks a significant stride in enhancing Nigeria’s maritime capabilities. By combining local knowledge with international best practices, we are establishing a world-class operation that will benefit not only Nigeria but the entire Sub-Saharan Africa region.”

He affirmed the company’s readiness to deliver on the objectives of Unity Shipping

Worldwide. Makanjuola said, “It has indeed been a labour of love. I am indeed humbled and grateful that a lot of this is culminating under thee present administration, and we assure you of our commitment to develop shipping capacity in line with best practices for Nigeria.”

Perational excellence and sustainability

‘This partnership is a meeting of equals—each bringing strength, experience, and a shared ambition to redefine Nigeria’s role in global shipping,” said President & CEO of Stena Bulk, Erik Hånell. “Our partnership reflects a joint commitment to long-term value creation, operational excellence, and sustainable growth. We are proud to stand alongside NNPC and Caverton as true partners in building a world-class shipping venture that will serve Nigeria and the global energy market for years to come.”

Also present at the fomalisation event was Panos Gliatis, Managing Director of NNPC Shipping.

He said, “This strategic partnership marks a significant milestone in NNPC’s commitment to modernising Nigeria’s maritime infrastructure.

By combining our expertise with Stena Bulk and Caverton Marine, we’re creating a robust platform that will enhance our domestic refining, import and export capabilities and strengthen Nigeria’s position in global energy logistics.”

This strategic alignment is more than a commercial endeavour; it’s a strategic advancement that restores Nigeria’s global maritime footprint. The success of UNITY Shipping Worldwide will depend on collaborative innovation and robust operational agility, pushing the nation closer to achieving self-reliance in shipping capacities, safeguarding its position within the global energy landscape, and underscoring its economic aspirations.

As Nigeria eagerly watches UNITY Shipping Worldwide embark on this new voyage, the venture stands as a testament to the power of partnerships, and the promise of a growing maritime economy.

With the wind in its sails and a solid course charted, UNITY Shipping Worldwide is set to transform Nigerian maritime transportation for generations to come. Let the voyage being!

25

T H I S D AY • Thursday, May 8, 2025

BUSINESSWORLD

INTERVIEW

Ranganath: Capacity Sharing Will Accelerate Data Centre Adoption The Regional Executive, West Africa at Africa Data Centres, Dr. Krishnan Ranganath, speaks about the growth opportunities in the Nigeria data centre market, and the need for capacity sharing to accelerate data centre adoption in Africa. Emma Okonji presents the excerpts: How did the 2024 global economic challenges affect the tech industry, particularly from your perspective in Africa?

024, a year of significant uncertainty across the globe, also had its share of challenges for Africa. However, we chose to take these challenges as learning opportunities—making the necessary adjustments and finding ways to adapt and move forward. In the tech industry, change is constant; each day brings something new. We saw the rise of Nvidia and AI, and now, overnight, we are discussing Deepseek. As a tech professional, it’s crucial to stay adaptable and embrace global changes while exploring how to apply them locally and regionally.

Technology continues to evolve daily, infiltrating our personal lives and promising more advancement throughout the year. These developments are likely to create significant employment opportunities across various sectors.

Association (ADCA) are gaining traction, and we expect greater clarity on collaborative strategies moving forward.

We also need to prioritise human capacity building and enhanced network connectivity between data centres. This will simplify client operations across multiple providers and drive a more integrated infrastructure ecosystem.

2

What strategic priorities should the tech industry focus on in 2025 to stay competitive?

In the midst of a rapidly changing technological landscape, companies are navigating the transformative power of emerging technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT). A striking 85% of businesses report that adopting AI has already improved productivity. McKinsey notes that companies using AI extensively can increase their cash flow by 122% over a five-year period.

These innovations are reshaping industry frameworks and altering competitive dynamics—startups leveraging blockchain technology are disrupting financial services and attracting substantial funding.

This shift compels established players to rethink strategies, invest in digital transformation, and adapt to new consumer expectations driven by rapid technological advancements.

Looking at 2025, AI is at the centre of global conversations, supported by big data, cloud computing, and cybersecurity, which play a critical role in the tech ecosystem.

Ranganath What trends are shaping data centre adoption in Africa amid the rise of cloud and AI? As the drive to develop artificial intelligence and related technologies grows, so does the demand for data processing capacity—fuelling a data centre boom across Africa, despite infrastructure challenges.

In recent years, investment in African data centres has increased, though not at the same scale as more established economies. Since 2022, new carrier-neutral data centres have been commissioned, with more in the pipeline. Key construction activity is underway in Egypt, Kenya, Morocco, Nigeria, and South Africa. These developments are supported by efforts to improve regulatory frameworks, energy infrastructure, and connectivity—while also promoting digital transformation, cloud adoption, and addressing the skills gap.

However, the continent still lags behind

global benchmarks, accounting for less than two per cent of the world’s co-location data centre supply. Notably, more than half of this capacity is concentrated in South Africa, according to the Africa Data Centres Association.

Currently, cloud services for Africa are largely served from South Africa and Europe. As demand rises, we’re seeing the emergence of local cloud regions in Nigeria and Kenya, with further expansion expected in Morocco, Egypt, and other countries.

What are the best ways for industry stakeholders to collaborate and accelerate data centre adoption in Africa?

Among African data centre operators, we have five to six key players. Collaboration should focus on capacity sharing across locations and real-time communication regarding available resources. Initiatives like the Africa Data Centres

What role should governments play in accelerating Africa’s data centre expansion?

Take Nigeria as an example—regulatory bodies like the NDPC and NITDA play pivotal roles in driving data centre growth. When governments advocate for digitalisation and data localisation, the local cloud and data centre industries benefit significantly.

A major opportunity lies in repatriating African government data—over 75% is currently hosted outside the continent. Bringing this data back home would be a substantial driver for local industry, demonstrating leadership from the front.

Additionally, governments should consider reducing customs tariffs on data centre- related imports. While free zones exist, most are located outside city limits—areas where clients typically prefer data centres to be.

Do you see a substantial market opportunity for data centres in Nigeria?

The Nigerian data centre market presents significant growth opportunities, driven by increasing cloud adoption, digitalisation, and the need for secure and scalable data storage. The market size is estimated at 136.7 MW in 2025 and is expected to reach 279.4 MW by 2030, growing at a CAGR of 15.37 per cent.

Additionally, colocation revenue is projected to increase from USD 251.1 million in 2025 to USD 578.1 million by 2030, reflecting a CAGR of 18.15 per cent. Data localisation initiatives and digital transformation efforts are driving profound changes in the Nigerian data centre market, with government emphasis on local data hosting leading to increased domestic investments.

Fadahunsi: Technology Will Enhance Local Rug Manufacturing CEO, Ellarose Interiors and Custom Rugs, Kehinde Fadahunsi, speaks about the importance of creativity and technology innovation in local manufacturing and the need for government support through sustainable policies, reports Agnes Ekebuike. Excerpts: I returned to Nigeria and continued with the online business. Later I ventured into the rug making business and people liked it. Then I started digging into the different materials of rugs in terms of quality and six months down the line, I got my first bulk order of rugs. After that, we were able to open our showroom and clients started finding us. That was how I started my business as a material designer and rug maker.

Technology is evolving and fast driving business growth across all sectors of the economy. How are you leveraging technology to drive your business? e are leveraging the power of technology to boost our business. We understand the power of social media platforms in driving sales and access and we are using the various social media platforms to enhance the business.

Another area of technology that will help to further drive our kind of business is technology automation. We are looking at how we can use robotics technology to produce rugs and reduce human interface, which will cut down on our cost of production, even though we are not planning to cut down on our staff strength.

It’s all about business upgrade and cost cutting.

Now if we go into the machine-made rugs that everybody can afford, those machine-made rugs will replicate designs that will not be tailored to a particular customer.

W

What is your view about patronage of madein-Nigeria products like your products, and what should government do to encourage patronage?

As entrepreneur that produces locally for internal consumption and for export, we need government policies that will encourage local patronage. Our quality is good and Nigerians should be able to patronise made-in-Nigeria goods instead of foreign goods.

So government, at all levels, need to create more awareness about support for locally manufactured products, to encourage competition.

In as much as we need fair competition, there will be no need for any government policy to restrict importation of certain products.

Once customers understand that we have quality products in Nigeria, they will always find us.

Given the impact you have made in the interior design sector of the Nigerian economy, how can you describe your journey in the sector so far and what actually inspired you into interior design business?

Fadahunsi Yes, I have contributed a lot to the growth of interior design in Nigeria and I was inspired into the business by my innate ability and love for aesthetics.

At a point in time when I was finding my purpose in life, I started talking to a lot of people on what I could do best to support myself and the Nigerian economy. At that time, I had plans to quit the paid job I was into because I was heavily pregnant with a baby and I knew I wasn’t going back to the job after my maternity leave, so I needed to find exactly what I wanted to do before my maternity leave was over.

Speaking to a couple of people that knew me very well, some advised me to think about what keeps me busy and happy, and that was how the thought of interior design flashed back in my memory, and I am someone that likes interior designs a lot. But because I did not

have all the monies to begin the interior design business in a big way, I was advised by my friends to start with the little capital I had, since I do not need to have all the monies in the world before I could begin the business. So that was how I was inspired to begin the interior design business some years ago.

I was in America for the delivery of my baby and after delivery, I started going to stores to see things that were unique that I could add to the interior design business plan that I had in mind, and I was deliberately looking for products that Nigerians will like, which were not sold in Nigeria. So I started posting unique products on my social media platforms and people liked them and started commenting on them and that was how interior designers in Nigeria and around the world started searching for me online and started doing business with me online.

What were the initial challenges that you faced when starting your custom rug business?

Because custom rug is a niche market, there are lots of challenges, and one of the major challenges is about hiring the right artisans and training them. When we started hiring artisans, all of them didn’t know what they were coming to do as rug makers. They didn’t have the knowledge, experience, or background. It was so challenging training them. We didn’t only train them on skills, we also had to train their mindsets to look out for the details. Another challenge we faced was in the area of sourcing raw materials. Our rugs are made from wool yarn, acrylic yarn, and all the other kinds of yarns that you can imagine, and we work with hundreds of colours, but in Nigeria, we don’t have the luxury of colours. As a matter of fact, I’ve gone to a factory that produces yarn. They’ve been in Nigeria for 30 years, but they only have 30 colours and we need hundreds of colours to get the best of rugs.

How has the social media platforms helped in promoting your kind of business?

Social media is a very effective tool to promote any kind of business, and my business has received tremendous support from social media platforms in the last eight years. All my clients were able to find and reach me through the social media platforms and I am happy about how technology is driving businesses on the social media platforms.

The story continues online on www.thisdaylive.com

26

T H I S D AY •THURSDay, MAY 8, 2025

business/MOnEYGUIDE

NGX Group, Stakeholders Honour Former NSE President, Pascal Dozie Kayode Tokede The Nigerian Exchange Group (NGX) and some capital market stakeholders, yesterday gathered to honour late financial icon and President of the Nigerian Stock Exchange (NGX), Dr Pascal Dozie.

Dozie, who was also the founder of Diamond Bank passed away on April 8, 2025 at aged 85.

The event, with the theme “An Afternoon of Tribute and Closing Gong Ceremony,” celebrated Dozie’s enduring legacy and visionary leadership.

In his opening remarks, the NGX Group Chairman, Umaru Kwairanga, lauded Dozie’s impact on Nigeria’s capital market, describing him as a leader of unmatched humility.

“Today, we celebrate a life of integrity, purpose, and service,” said Kwairanga, encouraging others to mirror Dozie’s entrepreneurial spirit.

Speaking for the family, Uzoma Dozie appreciated the NGX Group for the honour and described his father as a servant leader.

“He was a hustler and a servant—always working so others could rise. His story is of resilience and reinvention.

Pascal Dozie is remembered not just as a banker, but as a builder of futures, economies, and hope,” Uzoma said.

The MTN Nigeria Chairman, Dr Ernest Ndukwe hailed Dozie’s strategic leadership, which catalysed innovation and broadened market participation.

He praised Dozie’s economic insight and philanthropy in

healthcare, education, and community development.

“His influence at MTN was stabilising and profound.

Nigeria must now carry his torch,” Ndukwe urged.

The Chairman, Lagos Chamber of Commerce and Industry, Gabriel Idahosa, described Dozie as a steward of institutions whose leadership transcended borders.

Nigerian Economic Summit Group (NESG) Chairman, Mr Olaniyi Yusuf, noted Dozie’s founding role in the Summit Group, driving transformative economic dialogue since 1993.

The group Managing Director/Chief Executive Officer, Futureview Financial Services, Mrs Elizabeth Ebi called Dozie a mentor and praised his ground breaking Exchange leadership.

L-R: Paramount Ruler of Onne, HRH King Sunday, Njijor Jiala, One-eh Onne and Managing Director, WACTAPM Terminals Nigeria at the ceremony to mark the groundbreaking of the drainage project in Onne, Eleme LGA, Ruvers State…recently

MARKET INDICATORS

MTN Releases 2024 Sustainability Report, Harps on ESG Emma Okonji

MTN Nigeria Communications has released its 2024 Sustainability Report, which underscores MTN Nigeria’s continued commitment to sustainability, transparency, and shared value creation through strategic Environmental, Social and Governance (ESG) integration and responsible business practices.

The report, which was signed by the Company’s Secretary, Uto Ukpanah, and now in its sixth consecutive year, reflects adherence to other key global

and local frameworks, including the GRI Standards, SASB, UN Global Compact Principles, NGX Sustainability Disclosure Guidelines, the Securities and Exchange Commission’s Sustainable Finance Principles.

Chief Executive Officer of MTN Nigeria, Dr. Karl Toriola, said: “We are proud to once again demonstrate our resolve to operate responsibly, innovate for inclusive progress, and lead the conversation around sustainability in the telecommunications space.

Sustainability is at the core of our

strategy, and our 2024 Sustainability Report demonstrates how we are strengthening our business resilience, mitigating risks, and unlocking opportunities for long-term value creation.”

Chief Corporate Services and Sustainability Officer at MTN Nigeria, Tobe Okigbo, said: “We believe in Doing for Tomorrow, Today. Our focus remains clear—embedding ESG across our business ecosystem, empowering our people, and aligning our strategy to deliver measurable, net-positive outcomes.”

WACT-APM Terminals Celebrates Groundbreaking of Drainage Project in Host Community West Africa Container TerminalAPM Terminals Nigeria marked a significant milestone in its Corporate Social Responsibility (CSR) commitment with the groundbreaking ceremony of a 713-metre flood drainage project at Onne Community, Eleme Local Government Area, Rivers State, on Monday.

WACT-APM Terminals Nigeria said the project addresses two of the four core areas of the company’s Corporate Social Responsibility (CSR) interventions namely Health & Environment, and Infrastructure Development.

The drainage system, once completed, will address longstanding issues of flooding, water stagnation and sanitation concerns in the community. This project also underscores the company’s dedication to being a responsible and supportive partner to its host communities by investing in essential infrastructure that directly improves the lives of the residents in the community.

The Managing Director, WACT-APM Terminals Nigeria, Jeethu Jose, expressed enthusiasm for the project and its positive impact on the community. He further cited examples of past projects in the community which are all geared towards the continuous improvement of the community.

“As of today, we have carried out the following: scholarship and internship opportunities for students; 50 students from Onne are currently on university scholarship, and we are scaling up by offering 30 more students this year with the award coming up later this month.

“Provision of 10KVA solar power system for the Model Primary Health Care Centre, training of over 300 students and women in Onne in the production of eco-friendly reuseable diapers and sanitary pads, training of over 200 women and youths in WACTPRENEUR (a small business management training

programme), and agricultural development programme for over 300 persons in Onne on cultivation and the value chain of orange fleshed sweet potatoes,” said Jose.

“By the choice of the people, WACT accepted to execute a drainage system that will keep the community decent, healthy, good to look at, and well to patrol. It’s a well-deserved day for us, the Onne people. My people say that if anything we are doing, we do with clear heart, the reward will also be of clear heart to any person who does that. You have come to open ground today for the purpose of giving us life, good life, healthy life, because we all know the dangers of flooding in any community. It brings carriers of various sicknesses and there is no peace, it affects the financial situation of families,” said the Paramount Ruler of Onne, HRH King Sunday Njijor Jiala, One-eh Onne.

CSCS Advances Market Penetration With *7270# USSD Kayode Tokede

In a bold step to advance the Nigerian capital market penetration, the Central Securities Clearing System Plc (CSCS), has announced the launch of *7270#, its Unstructured Supplementary Service Data (USSD) code service. The USSD, according to CSCS, is set to go live this week.

The USSD code service is an innovative solution

designed to enhance the ease and accessibility of investment services for all users.

This service leverages the network capabilities of MTN Nigeria to bring unparalleled convenience to investors.

Driven by a relentless commitment to innovation, CSCS aims to revolutionize information access within the Nigerian capital market through this USSD code service. As the Central Securities Depository (CSD),

CSCS focuses on enhancing investor experiences and providing deeper market insights with unparalleled convenience.

The Managing Director and Chief Executive Officer of CSCS, Haruna Jalo-Waziri in a statement said, “We are excited to launch the *7270# USSD code service, a significant step in leveraging mobile technology to democratize access to account and portfolio information.

MONEY AND CREDIT STATISTICS (MILLION NAIRA) Month

NOVEMBER

Money Supply (M3)

108,966,480.44

-- CBN Bills Held by Money Holding Sectors

19,796.18

Money Supply (M2)

108,946,684.26 72,672,756.90

-- Narrow Money (M1)

36,273,927.36

---- Currency Outside Banks

4,652,527.74

---- Demand Deposits

31,621,399.62

Net Foreign Assets (NFA)

17,347,112.78

Net Domestic Assets(NDA)

91,619,367.66

-- Net Domestic Credit (NDC)

115,576,757.67

---- Credit to Government (Net)

39,616,629.91

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

0.00

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

0.00

---- Credit to Private Sector (CPS)

75,960,127.77

--Other Assets Net

12,147,461.96

Reserve Money (Base Money)

30,871,571.25

--Currency in Circulation

4,878,125.22

--Banks Reserves

25,993,446.02

--Special Intervention Reserves

278,860.37 • Source - CBN

Money Market Indicators (in Percentage) Month

November

Inter-Bank Call Rate

28.88

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

27.50

Treasury Bill Rate

18.00

Savings Deposit Rate

6.56

1 Month Deposit Rate

8.48

3 Months Deposit Rate

9.53

6 Months Deposit Rate

12.13

12 Months Deposit Rate

14.22

Prime Lending rate

18.39

Maximum Lending Rate

31.06

NSE

NSE MARKET INDEX % Change

CAP

0.75%(52%YoY)

Index

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

OPEC DAILY BASKET PRICE As At 6TH JANUARY , 2025

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

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

27

T H I S D AY •THURSDay, MAY 8, 2025

mARKET NEWS

Stock Market Gains N307bn Buoyed by Buy Interest in Banking Stocks KayodeTokede

The stock market section of the Nigerian Exchange Limited (NGX) yesterday closed the midweek trading session positive as the overall capitalization rose

by N307 billion on investors buying interest in banking stocks.

The gain 3.9 per cent in Guaranty Trust Holding Company Plc, 9.9 per cent appreciation in Ecobank Transnational Incorporated Plc (ET) and 2.1

per cent growth in the stock of Zenith Bank Plc’s impacted on the All Share Index (NGX ASI) that gained by 488.73 basis points or a growth of 0.45 per cent to close at 108,849.83 basis points.

The increase the bringing the NGX ASI’s Month-to-Date and Year-to-Date returns to +three per cent and +5.8per cent, respectively.

Also, market capitalisation gained N307 billion to close at N68.412 trillion.

P R I C E S MaiN Board

F O R

DEALS

Market breadth remained positive, as 48 stocks advanced while 17 declined. Meyer recorded the highest price gain of 10 per cent to close at N8.80, per share. Beta Glass followed with a gain of 9.98 per cent to close at N146.05, while The Initiates Plc (TIP) rose by 9.95 per cent to close at N6.08, per share.

Vitafoam Nigeria up by 9.94 per cent to close at N55.85, while Skyway Aviation Han-

S E C U R I T I E S

Market Price

quantity traded

value traded ( N )

dling Company gained 9.92 per cent to close at N55.40, per share. On the other hand, Deap Capital Management and Trust led the losers’ chart by 10 per cent to close at N1.08, per share. Veritas Kapital Assurance followed with a decline of 9.09 per cent to close at N1.00, while Linkage Assurance declined by 6.61 per cent to close at N1.13, per share.

Africa Prudential depreciated by 5.60 per cent to close at

T R A D E D MaiN Board

N16.00, while UPDC declined by 4.46 per cent to close at N3.00, per share.

Also, the total volume traded increased by 23.56 per cent to 587.472 million units, valued at N18.660 billion, and exchanged in 17,496 deals. Transactions in the shares of Guaranty Trust Holding Company (GTCO) topped the activity chart with 98.642 million shares valued at N6.569 billion. Tantalizer followed with 75.480 million

A S O F

shares worth N175.215 million, while Fidelity Bank traded 40.468 million shares valued at N816.040 million.

Zenith Bank traded 38.472 million shares valued at N1.872 billion, while Nigerian Breweries sold 30.513 million shares worth N1.638 billion.

On market outlook, Afrinvest Limited said, “we anticipate a bullish close in tomorrow’s trading session on the back of positive Q1 2025 earnings.”

m ay / 0 7 / 2 5 DEALS

Market Price

quantity traded

value traded ( N)

28

THURSDAY, May 8, 2025 • THISDAY

perspective

Credicorp’s PowerHer774: Does Consumer Credit Behave Better When Targeted at Women?

By Usukuma Ntia

infrastructure follows: more technicians are trained, retail outlets spring up, policy frameworks evolve.

Yet challenges persist. High interest rates, limited last-mile distribution, and scant consumer education can stall even the best-intentioned programs.

CREDICORP’s CALM Fund has made a start—but must scale faster, with deeper partnerships across fintechs, cooperatives, and microfinance networks.

Could repayment tenors stretch to 24 months to ease cash-flow strains? Might mobile-money integration cut transaction costs, if the regulator makes that process seamless? These are the questions we must ask.

W

hen the sun sets on a rural village or an urban neighborhood, darkness falls not just on homes, but on dreams and livelihoods. For countless Nigerian women— caretakers of households, small-scale entrepreneurs, and stewards of their families’ well-being—a single blackout can mean lost income, frustrated children unable to study, and the endless cost of kerosene lamps. Yet today, CREDICORP claims a quiet revolution is under way: solar power backed by consumer credit, unlocking new possibilities for women across Nigeria.

A Word on Leadership and Accountability

From Flickering Lamps to Flourishing Lives Meet Amina, a mother of five in a remote community outside Kano. Before, she scraped together pennies each evening to buy kerosene, just to keep the lamps burning until her children finished their homework. Today, with a few naira-a-day repayment plan on a solar home system from CREDICORP’s CALM Fund (Credit Access for Light and Mobility), she powers LED bulbs and a small fan. Her children read under bright light; their eyes no longer clouded by soot. Amina’s daughter now tops her class.

In bustling Lagos markets and dusty village squares alike, other credit-backed women like Amina have found new revenue streams: charging neighbors’ phones for a token fee, running colddrink stands from solar-cooled fridges, or styling hair under reliable light. These microenterprises don’t just feed families—they anchor entire communities.

Women as the Engine of Energy Justice Women represent over 70% of Nigeria’s microentrepreneurs. They run catering stalls, hair salons, sewing workshops, and food carts—ventures that require reliable power. Yet high up-front costs and banks’ reluctance to lend leave most with candles and kerosene. Energy poverty punishes the poor disproportionately. According to the World Bank, nearly 65 million Nigerians still lack reliable electricity; women bear the brunt as unpaid household managers and earners.

Consumer credit changes that. By treating solar home systems as accessible products—not distant aspirations—CREDICORP’s CALM Fund bridges

Bustling city of Lagos the gap between promise and purchase. A N20,000 solar kit becomes a few small installments, unlocking 20–50 minutes a day of power, multiplied across bulbs, fans, and charging ports. That incremental light is transformational: homework completed, shops open after sunset, medicines refrigerated safely.

PowerHer 774 — A National Movement Building on this momentum, the Ministry of Women Affairs and CREDICORP have launched PowerHer 774, an ambitious drive to empower three million women across Nigeria’s 774 local government areas. Today’s handover in Abuja—200 women receiving solar systems at zero upfront cost—is only the beginning. Each beneficiary accesses a tailored consumer loan, repaid over 6–18 months, with products supplied and installed by local partners. CREDICORP’s Managing Director,

Engr. Uzoma Nwagba, puts it plainly: “We began by financing vehicles so people could move. Now we finance light through women, so households can learn, earn, and breathe clean air.

Consumer credit is the tool that turns necessity into opportunity and enables people to live better now.”

Why Scale Matters—and How Credit Multiplies Impact The statistics are stark. Nigeria’s consumer credit market is just 3% of its GDP, compared to over 50% in peer economies. That leaves a N140 trillion gap in credit needed for everyday life-enhacing goods: energy, mobility, education, home upgrades. Credit is itself a market-creating innovation. When women gain access to a solar kit on credit, they don’t just buy bulbs—they build businesses, establish credit histories, and attract brand-new supply chains. As markets grow,

President Bola Ahmed Tinubu’s Renewed Hope Agenda rightly spotlights energy security and women’s empowerment. CREDICORP’s role in operationalizing these goals through the C.A.L.M. Fund and PowerHer 774 is a powerful example of policy meeting practice. Yet the scale of need—65 million underserved citizens—means we cannot rest on today’s achievements.

We welcome the President’s intiative, even as we challenge CREDICORP and its stakeholders to go further: to expand credit lines, deepen rural outreach, and refine risk assessments that favor low-income, high-potential women. Success will be measured not only in kilowatts installed but in the quiet hum of fans in a maiden’s tailoring studio, the glow of light under a student’s textbook, and the steady hum of commerce in once-dark markets.

Looking Ahead with Cautious Optimism Energy poverty is a crisis, but also an opportunity to rewrite Nigeria’s story of growth and inclusion.

Consumer credit—especially when channelled through the resilience and ingenuity of our women—is one of our most potent weapons. As PowerHer774 unfolds, we stand at a crossroads: sustain this momentum and watch villages and cities alike transform, or falter and let darkness creep back in.

With informed partnerships, thoughtful policy tweaks, and unwavering commitment, we can ensure that every Nigerian woman—from Lokoja’s market stalls to Lagos’s high-rises—has the power to light her home, ignite her business, and illuminate her future. That is the promise of consumer credit, and that is the path to sustainable living for us all.

NEWS

ECOWAS Moves to Advance Digital Connectivity in West Africa Canvasses actualisation of free movement within sub-region

Michael Olugbode in Abuja

The Economic Community of West African States (ECOWAS) Commission has moved to advance digital connectivity across the region and foster a robust and interconnected digital ecosystem.

The regional bloc hosted a technical workshop on policy and regulatory exchange and knowledge sharing on connectivity market integration in West Africa in Abuja on Tuesday and Wednesday.

The Acting Director, Digital Economy, ECOWAS Commission, Folake Olagunju, in her remarks at the opening of the Regional Workshop on Connectivity Market Policy and

Regulatory Coordination, explained that the workshop seeks to engage participants in meaningful discussions around thematic areas such as strengthening policy and regulatory frameworks, harmonizing the digital market environment, and facilitating coordination among stakeholders to encourage private sector investment.

In another development, ECOWAS is presently pushing seriously for the actualisation of the region’s free movement as it begins the tour of major border points within the sub region.

The tour commenced with the visit of the President of the Commission, Dr. Omar Touray, and a strong team from the regional bloc to one of the busiest borders in the area, Seme Border

(Nigeria/Benin Border) on Wednesday.

During the visit, Touray who took time out to speak to various stakeholders as he made the trip to the border from the Lagos before having a meeting with officials at the border, criticised the poor state of border infrastructure, urging swift reforms to protect the region’s free movement objectives.

Meanwhile, Olagunju, who represented the Commissioner for Infrastructure, Energy and Digitalisation, Mr. Sediko Douka, also said, the workshop was part of the ECOWAS Commission’s efforts to implement its Digital Sector Development Strategy for 2024-2029, which envisions

digital transformation as a catalyst for economic growth, innovation, and deeper regional integration.

She said: “The strategy focuses on developing a conducive policy and regulatory environment, alongside digital infrastructure development.

“The ECOWAS Commission aims to strengthen policy and regulatory frameworks to foster a level playing field for digital connectivity solutions.

“This will enable the development of digital connectivity solutions that drive economic growth while actively engaging the private sector as a key partner in this endeavor.

“The commission also seeks to harmonize the digital market environment to enable cross-border interconnection

NOA Bayelsa Urges Review of Student Loan Scheme Eligibility Criteria The Bayelsa State Directorate of the National Orientation Agency (NOA) has called on the federal government to revise the eligibility criteria for its Student Loan Fund Scheme, urging broader inclusion of institutions and students.

The recommendation comes after an investigative assessment by the agency into the implementation of the loan scheme at Niger Delta

University (NDU), Amasoma.

The scheme is managed by the Nigerian Education Loan Fund (NELFUND).

According to the NOA, its investigation involved structured interviews, focus group discussions, and informal interactions with academic, administrative, and bursary staff at NDU. The findings highlighted the

need for a comprehensive review of the scheme’s policies and implementation processes to enhance effectiveness.

Despite identifying a generally transparent application process, the NOA report flagged issues in the disbursement phase - specifically, incomplete payment of school fees to institutions on behalf of beneficiaries.

Crucially, the investigation found

no evidence of data falsification, collusion between students and university staff, ethnic or religious discrimination in the selection process, bribery, or misappropriation of funds.

The NOA emphasized the importance of sustaining the NELFUND initiative, noting that it has begun to yield positive results but requires fine-tuning to maximize its impact.

of networks and services.

“This will facilitate the integration of the digital connectivity market in West Africa, promoting a seamless and efficient digital ecosystem.”

“Furthermore, the ECOWAS Commission plans to provide catalytic public funding for connectivity infrastructure PPP projects to enhance the resilience of international and core backbone connectivity.

“This will ensure that the region’s digital infrastructure is robust and reliable, supporting the growth of digital economies.

“The commission aims to facilitate coordination among stakeholders to encourage private sector investment in digital connectivity.

“By working together, the ECOWAS Commission and its partners can create a favorable environment for investment, driving the growth of digital connectivity in West Africa.”

Olagunju emphasized the importance of collaboration, stating that: “Your participation is invaluable in shaping strategies that will drive the digital future of our region.”

The ECOWAS Commission expressed gratitude to the World Bank for its financial support and technical assistance in implementing the project.

Also speaking, the Assistant Director, Telecom and Postal Services at the Ministry of Communication, Innovation and Digital Economy, Engr. Wakili Saidu, said the workshop is a call for action—a call to reaffirm shared

commitment to collaborate, align policies, and effective implementation.”

Saidu stressed the importance of coordinated efforts in achieving a digital single market that benefits all citizens of West Africa.

“It is only through coordinated and coherent efforts that we can attract greater private sector investment, ensure affordability and better quality of service,” he said.

Saidu urged participants to prioritize the collective advancement of the ECOWAS region, saying, “Let us look beyond our individual national interests and prioritize the collective advancement of our beloved ECOWAS region.”

Saidu expressed gratitude to all participants for their commitment to regional development and digital transformation, wishing them productive and fruitful deliberations over the course of the two-day workshop.

The World Bank Digital Specialist, Ms. Rocio Sanchez Vigueras, said the workshop provided a platform for sharing experiences and learning from successes and challenges in implementing digital economy initiatives.

“We can learn from the good lessons and things that have worked, as well as those that didn’t work,” Vigueras said.

“I’ve worked with different countries that are part of ECOWAS, and it’s essential to share experiences and best practices to promote the single data market within ECOWAS and the African continent.”

29

THISDAY • THURSDAY, MAY 8, 2025

Thursday, 08 May 2025 Index Price Change since Inception

Thisday Afrinvest Index Up 0.8%

441.5%

Fundamental Performance Metrics for THISDAY AFRINVEST 40 Index

Thisday Afrinvest 40 index rose 0.8% to print at Ticker

5,415.47 points due to price appreciation in GTCO(+3.8%), ZENITH (+2.1%), and WAPCO (+0.3%). Cumulatively, these stocks account for 16.7% of the index.

Previous Current Price Change Weighting

Current Price

Price Change YTD

ROE

ROA

P/E

P/BV

8.3%

16.5%

5.0%

3.8x

1.0x

0.0%

2.5%

0.6%

87.7%

25.6%

THISDAY AFRINVEST 40

5415.47

0.77%

1

Airtel Africa PLC

2,156.90

0.0%

2

Transcorp Power Ltd

364.90

0.0%

9.8%

1.4%

3

Aradel Holdings PLC

503.00

0.0%

7.8%

-15.9%

4

Guaranty Trust Holding Co PLC

10.2%

Divindend Earnings Yield Yield

5.6%

17.4%

4.1% 29.6x

20.6x

2.1%

3.4%

6.0%

67.50

3.8%

7.1%

18.4%

49.0%

8.2%

2.4x

0.9x

11.9%

0.0%

5.7%

0.0%

9.5%

3.6%

12.0x

1.1x

4.7%

8.3%

2.1%

4.8%

7.7%

32.5%

4.1%

1.5x

0.5x

10.4%

65.8%

28.9%

18.1%

9.3x

2.4x

4.9%

10.8%

3.1%

47.7x

67.0%

41.2%

5

SEPLAT Energy PLC

5,700.00

6

Zenith Bank PLC

49.00

Bulls Maintain Grip… ASI up 0.5%

7

Lafarge Africa PLC

82.95

0.3%

4.8%

18.6%

8

MTN Nigeria Communications PLC

284.90

0.0%

5.7%

42.5%

9

United Bank for Africa PLC

34.50

0.0%

4.0%

1.5%

26.0%

2.8%

1.5x

0.3x

14.5%

10

Dangote Cement PLC

432.00

0.0%

3.1%

-9.8%

26.1%

10.2%

12.2x

3.1x

6.8%

8.2%

11

First HoldCo Plc

25.00

1.0%

3.0%

-10.9%

34.7%

3.4%

1.7x

0.4x

2.4%

58.8%

12

International Breweries PLC

9.26

6.4%

5.6%

66.8%

-10.2%

-3.3%

13

Access Holdings PLC

21.55

1.4%

2.7%

-9.6%

35.3%

2.7%

109.1%

14

Nigerian Breweries PLC

Yesterday, renewed optimism in banking stocks led by GTCO (+3.9%), ETI (+9.9%), and ZENITH (+2.1%) pushed the local bourse up 50bps to 108,849.83 points. Consequently, YTD return rose to 5.8% (previously 5.3%), while market cap-

2.1%

3.3x

-16.3%

0.9x

0.2x

11.6%

52.90

3.5%

4.8%

65.3%

-18.6%

-4.8%

0.0%

2.2%

-0.7%

57.5%

10.2%

122.0x

68.4x

0.8%

0.8% 42.2%

-14.4%

15

Geregu Power PLC

1,141.50

16

Fidelity Bank PLC

20.30

1.5%

2.3%

16.0%

41.7%

3.7%

2.4x

1.1x

10.5%

17

BUA Foods PLC

418.00

0.0%

2.0%

0.7%

79.7%

31.2%

21.6x

13.6x

3.5%

4.6%

Transnational Corp of Nigeria

44.00

1.7%

1.4%

1.1%

26.0%

6.6%

9.7x

2.3x

1.4%

10.3%

italisation gained 50bps to ₦68.4tn. Likewise,

18 19

Ecobank Transnational Inc

28.40

9.9%

activity level improved as volume and value trad-

1.3%

1.4%

29.9%

1.2%

0.8x

0.4x

20

United Capital PLC

18.05

0.3%

0.9%

-11.5%

21.5%

1.8%

5.9x

2.4x

2.8%

17.0%

ed rose by 23.6% and 34.1% to 587.5m units and

21

Stanbic IBTC Holdings PLC

61.05

0.0%

0.9%

6.0%

40.5%

3.9%

3.0x

1.1x

7.6%

32.8%

22

Nestle Nigeria PLC

1,210.00

0.0%

1.2%

38.3%

-22.9%

116.0x

0.9%

₦18.7bn, respectively.

23

Oando PLC

42.75

-2.3%

0.5%

-29.8%

0.5%

8.8x

11.3%

24

Presco PLC

850.20

-2.3%

1.2%

79.0%

76.6%

26.4%

8.5x

4.8x

4.9%

25

FCMB Group Plc

9.60

0.0%

0.6%

2.1%

11.3%

1.1%

3.2x

0.5x

5.7%

26

Notore Chemical Industries Ltd

62.50

0.0%

0.6%

0.0%

-338.1%

-42.0%

118.3%

11.7% 31.4% -153.6%

27

Transcorp Hotels Plc

145.00

0.0%

0.7%

25.0%

19.0%

10.6%

99.4x

28

Okomu Oil Palm PLC

555.00

-2.3%

0.6%

25.0%

71.1%

32.2%

11.4x

Across our coverage sectors, performance was

29

Wema Bank PLC

13.90

2.6%

0.7%

52.7%

43.6%

3.0%

0.9x

30

Chapel Hill Denham Management

111.70

0.0%

0.4%

0.0%

bullish as three indices gained, two lost, while

31

Julius Berger Nigeria PLC

137.00

0.0%

0.4%

-11.8%

3.6%

1.0%

24.5x

32

Dangote Sugar Refinery PLC

37.80

2.2%

0.5%

16.3%

-148.0%

-17.7%

33

TotalEnergies Marketing Nigeri

705.00

0.0%

0.3%

1.0%

26.4%

3.1%

15.1x

3.9x

Consumer Goods indices gained 2.1% apiece due

34

NASCON Allied Industries PLC

53.25

4.3%

0.5%

69.9%

55.3%

25.0%

6.6x

2.8x

3.8%

15.3%

35

Jaiz Bank PLC

3.26

0.0%

0.3%

8.7%

56.3%

3.0%

4.6x

2.3x

1.2%

21.7%

to price appreciation in GTCO (+3.9%), ETI

36

Guinness Nigeria PLC

80.00

0.0%

0.3%

13.9%

5.2%

12.9x

37

BUA Cement Plc

83.70

0.0%

0.2%

-10.0%

19.1%

5.3%

38.4x

7.3x

2.6%

(+9.9%), NB (+3.5%), and INTBREW (+6.4%). Fol-

38

Sterling Financial Holdings Co

5.50

-2.7%

0.2%

-1.8%

17.2%

1.1%

4.9x

0.8x

39

Conoil PLC

331.20

0.0%

lowing, the Industrial Goods index rose 0.1% due

0.2%

-14.5%

28.2%

10.0%

21.7x

5.5x

1.2%

4.6%

40

Unilever Nigeria PLC

43.00

0.0%

0.2%

30.5%

20.6%

12.3%

14.2x

2.7x

2.9%

7.0%

Bullish Sector Performance

the AFRͲICT index closed flat. The Banking and

to buy interest in BETAGLASS (+10.0%) and WAPCO (+0.3%). Conversely, losses in OANDO (Ͳ2.3%), VERITASK (Ͳ9.1%), and LINKASSURE (Ͳ6.6%) dragged the Oil & Gas and Insurance indices lower by 0.2% and 0.1% respectively.

Outlook Investor sentiment, as measured by market breadth, improved to 0.83x from 0.29x in the previous session as 60 stocks advanced, 25 declined, while 42 closed flat. Today, we expect the bourse to trade in similar territory buoyed by bargain hunting activities.

Afrinvest West Africa Limited

T o p 10 G a ine rs

0.9% 6.9x

1.0%

4.7%

8.8%

7.2%

105.9%

18.2% 0.6x

2.6%

4.1% -32.1% 6.6%

7.8% 2.6% 20.3%

T o p 10 T ra de s by V o lum e

Ticker

P rice

P rice Chg %

Ticker

Vo lume

UP DCREIT

6.60

10.0%

GTCO

98.6

3.8%

M EYER

8.80

10.0%

TA NTA LIZER

75.5

-0.4%

B ETA GLA S

146.05

10.0%

FIDELITYB K

40.5

1.5%

TIP

6.08

9.9%

ZENITHB A NK

38.5

2.1%

VITA FOA M

55.85

9.9%

NB

30.5

3.5%

SKYA VN

55.40

9.9%

UB A

21.7

0.0%

CHA M P ION

5.11

9.9%

A CCESSCORP

21.2

1.4%

M ULTIVERSE

8.35

9.9%

FIRSTHOLDCO

12.6

1.0%

ETI

28.40

9.9%

FCM B

12.2

0.0%

A CA DEM Y

3.58

9.8%

ELLA HLA KES

10.8

0.0%

T o p 10 Lo s e rs

P rice Chg %

T o p 10 T ra de s by V a lue

Ticker

P rice

P rice Chg %

Ticker

Value

P rice Chg %

DEA P CA P

1.08

-10.0%

GTCO

6568.7

3.8%

VERITA SKA P

1.00

-9.1%

ZENITHB A NK

1872.3

2.1% 3.5%

LINKA SSURE

1.13

-6.6%

NB

1638.1

A FRIP RUD

16.00

-5.6%

FIDELITYB K

816.0

1.5%

UP DC

3.00

-4.5%

M TNN

809.8

0.0%

CHA M S

2.10

-2.8%

UB A

746.4

0.0%

STERLINGNG

5.50

-2.7%

WA P CO

584.8

0.3%

OKOM UOIL

555.00

-2.3%

A CCESSCORP

457.1

1.4%

OA NDO

42.75

-2.3%

P RESCO

381.9

-2.3%

P RESCO

850.20

-2.3%

NA HCO

352.9

3.5%

Brokerage

Asset Management

Investment Research

Taiwo Ogundipe | togundipe@afrinvest.com

Christopher Omoh | comoh@afrinvest.com

Abiodun Keripe | akeripe@afrinvest.com

Deborah Akande | dakande@afrinvest.com

Robert Omotunde | romotunde@afrinvest.com

Damilare Asimiyu | dasimiyu@afrinvest.com

30

T H I S D AY •THURSDay, MAY 8, 2025

Health & lifestyle

Group Features Editor: Chiemelie Ezeobi Email chiemelie.ezeobi@thisdaylive.com, Tel: 07010510430

UNICEF, WHO, Others Take Immunisation Campaign toVaccinate Children in Remote Areas of Rivers State Blessing Ibunge reports that in commemoration with the World Immunisation Week, the United Nations Children’s Fund (UNICEF), in collaboration with the World Health Organisation (WHO), Rivers State Primary Health Centre and others, held a five-day sensitisation and immunisation exercise for children in communities across various Local GovernmentAreas of Rivers State

Health Workers of Primary Health Care Centre, Akpajo, Eleme Local Government Area of Rivers State, vaccinating children in Fishing Port settlement and Sand-fill in the area…recently

E

ighteen-year-old Happiness Tombari, a single mother of a 10-month-old son, was scared and confused about how to handle her child’s ill health at a fishing port settlement in Akpajo community in Eleme Local Government Area of Rivers State, when health personnel from a Primary Health Care Centre on a special free immunisation outreach arrived, sensitising and inviting parents to bring their children for vaccination. Initially hesitant, Happiness decided to comply after seeing her son’s condition.

The health personnel observed that the child, now 10 months old, had never been immunised. Though they attempted to vaccinate him, the presence of rashes led the team to advise a doctor’s diagnosis. Accompanied

by THISDAY’s correspondent and a health consultant, Sandra James, the mother was persuaded to visit the health centre for a proper assessment. The attending doctor made some recommendations, after which the baby received his first BCG vaccine and other doses for disease prevention.

Dispelling Myths Through Community Champions Like Happiness, many mothers were sceptical about immunisation due to myths circulating in their neighbourhoods. But Mrs Philomena Bassey, a resident of Sand-Fill in Eleme, stood out. Though her children are beyond the age of routine immunisation, she goes around her community encouraging neighbours to bring their children for vaccination.

According to Mrs Bassey, “Constant immunisation in the past made my children to be very healthy. When I give birth to my children, two days after I give them BCG, and I never missed the dates for a follow-up vaccination on them.

“Though some of my neighbours do not understand the importance of the immunisation, I make efforts to personally take their children for vaccination at the health centre.

Some of the mothers that refused to take their children for the immunisation, have their children suffered from various health conditions; like cough, measles, serious fever and other diseases.”

Vaccines Offered Community health worker, Blessing Okanje, disclosed that the children were being given measles, rotavirus, polio and other vaccines.

“We are giving them measles vaccine, rotavirus; a vaccine that protects a child from diarrhoea. We also give them polio vaccine; it protects a child under five years from paralysis. Now we are in the outreach, we call the reached and unreached to embrace the free immunisation. Many people out of ignorance lost their children to disease that

could have been prevented if they were immunised. Last week when we were going out for outreach at Ekporika, we met a child of five years that has not received even tuberculosis vaccine, which helps to control such disease. So the vaccine is free and safe,” she added.

On compliance, she said that after much sensitisation, mothers were now participating in the exercise. She, however, frowned at some faith-based organisations in the area that refused access to immunise their children on Sunday, April 27, 2025.

Expanding Outreach Across LGAs THISDAY observed that the same immunisation campaign took place in Gokana, Khana, Obio/Akpor, and Ahoada East LGAs of the state.

The Local Immunisation Officer (LIO) for Eleme LGA, Mrs Rose Owate, told THISDAY that “The African Vaccination Week started on April 25th of this year and they gave Eleme five teams. We have done the flag-off and we have started the programme since the 25th and today (April 28th) is the fourth day.

“The programme is moving smoothly; people are coming out. They have been receiving the vaccines, there is no complain.

We went round communities in the LGA to tell the people to come out, bring their babies, that immunisation is a key that can prevent diseases, which we have been doing.

UNICEF is trying, they have been helping, they have been assisting, they have been providing logistics, they come out to do supportive supervision, so they are doing well,” she added.

WHO: Time to Close Immunisation Gaps Earlier during the flag-off of the African Vaccination Week held at the Primary Health Care Centre, Rumuigbo in Obio/Akpor LGA, and in commemoration with World Vaccination Week, Acting WHO Regional Director for Africa, Dr Chikwe Ihekweazu, said the event renewed partners’ collective commitment to achieving equitable access to life-saving vaccines for every child in every community in Rivers State.

Ihekweazu noted that “Vaccines have saved an estimated 154 million lives over the past 50 years, reducing infant mortality by 40% and protecting people from more than 30 deadly diseases. In 2024, the global community celebrated 50 years of the Expanded Programme on Immunisation. This milestone was a reminder of the extraordinary progress made and the work that remains.”

She said that despite the advances, far too many people in Africa still lack access to essential vaccines, stressing that one in five children in Africa remain under-vaccinated.

“In 2023 alone, 6.7 million children received no vaccines at all—so-called ‘zero-dose’ children. Measles outbreaks persist, while vaccine-derived poliovirus continues to pose a threat.”

Immunisation Agenda 2030: The Midpoint The WHO Regional Director for Africa explained that this year also marks the midway point of Immunisation Agenda 2030 (IA2030), a global commitment to achieving equitable vaccine access by 2030, noting that now is the time to accelerate progress, expand coverage and close immunity gaps.

She added that WHO and its partners are working closely with countries to identify and reach zero-dose children, integrate immunisation into primary health care, and build stronger, more resilient health systems.

To sustain and build on this progress, she called on governments at all levels to increase domestic investment and secure sustainable immunisation financing; health systems to integrate vaccines into essential services and expand access, while urging communities to stand against misinformation and vaccine hesitancy.

Rivers State: Continuing the Momentum On his part, Rivers State Immunisation Officer (SIO), Dr Joseph Urang, said every immunisation is free. He stated, “The successes of immunisation is what we are celebrating, that doesn’t mean we are going to stop immunisation. We are already moving on with the activities. All immunisation activities are going on but in the name of marking the African Vaccination Week, that’s why we selected five LGAs and WHO sponsored outreach teams and they have gone out to the field to vaccinate more children.

“We have not stopped vaccination activities.

All vaccinations activities will go on. We have our fixed post, we have our outreach activities going on in all local government areas, but in the name of marking this activity, we selected five LGAs to showcase that this is one of the successes we are achieving.”

Targeting High-Risk LGAs On the criteria used in selecting the five LGAs, Dr Urang said, “we looked at the vaccination preventable diseases occurrence, that’s what we used in these Local Governments that are not funded by WHO and we sorted out these five LGAs that have the highest occurrence of vaccine preventable diseases. What this means is that, there are places where these diseases are multiplying.

We need to find a way to get to those places and get the children vaccinated.”

Rebuilding Trust After COVID-19 Rivers State Health Educator, Dr Babbo Diana, encouraged partners to continue

collaborating to ensure that children in Rivers State are vaccinated. “We also try to encourage our mothers to not lose hope or courage in the fight towards immunising their children.

“We know that after COVID-19, we started finding a dwindling of the statistics of people taking immunisation. So, we saw that it was kind of a trust issue. The confidence in the system and trust in vaccinations per se and we saw the numbers dropping.

“This is like six years post-COVID-19 and we are still having mothers reluctant to bring out children for vaccination and we want to remind ourselves that we have won so far because we are immunising our children, and if we drop our oars now, we will start seeing all the illnesses coming back and we don’t want that to happen.”

On challenges, Dr Diana stated, “we are having non-compliances, we are having hesitancy towards vaccination, we are under-immunised, we are having no immunisation or unimmunised, we are having incomplete immunisation. So, we need to create the awareness once again, we need to bring that thing up once again and say this thing is good, this thing is safe, it’s effective and besides we are not charging money for it, it’s free.”

UNICEF Targets 12 States with Expanded Campaign It would be recalled that during a two-day multi-zonal media dialogue to commemorate the 2025 World Immunisation Week (WIW) with the theme, “Immunisation For All Is Humanly Possible”, last week, the Chief of Field Office at UNICEF’s Enugu office, Mrs Juliet Chiluwe, revealed that an extensive immunisation exercise would be carried out across 12 targeted states of Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Cross River, Benue, Ebonyi, Enugu, Kogi, Imo and Rivers.

Chiluwe stated that in line with the objective of this year ’s World Immunisation Week, “it is essential to underscore the continued relevance of this global observance,” adding that medical and health practitioners, as well as members of the media, are duty-bound to ensure the promotion of “the feasibility and necessity of protecting everyone, from newborns to the elderly, against vaccine-preventable diseases, through inclusive and equitable immunisation services.”

She urged the government and other UNICEF partners to continue strengthening and advancing the momentum of progress recorded over the years through meaningful budgetary provisions, to ensure that every child gets immunised with life-saving vaccines so that children can survive and reach their full potential in life.

31

T H I S D AY •THURSDay, MAY 8, 2025

NEWS

Kelina Hospital’s Journey to 6,000 Surgical Operations: A Story of Passion and Expertise

In the heart of Lagos, Nigeria, a remarkable story of medical excellence is unfolding. Kelina Hospital, a pioneering institution in minimally invasive surgery, has been pushing the boundaries of healthcare innovation for over a decade. With a steadfast commitment to delivering world-class medical care, the hospital has achieved a groundbreaking milestone that is redefining the Nigerian healthcare landscape. The story of Kelina Hospital’s journey to 6,000 surgical operations is a demonstration of the power of passion, expertise, and innovation in transforming lives. Writes MARY NNAH

I

n a remarkable feat, Kelina Hospital, a specialist hospital in minimally invasive surgery based in Lagos, has marked a significant milestone of 6,000 surgical operations since its inception in 2008. This achievement is proof of the hospital’s unwavering commitment to providing world-class medical care in Nigeria, setting a new standard for healthcare excellence in the country.

The hospital’s medical director, Dr. Celsus Undie, attributed this success to the team’s dedication to excellence and the use of cutting-edge technology.

At a press conference in Lagos recently, Dr. Undie said, “We offer comparable, if not superior, care with advanced technology right here in Nigeria.”

This commitment to innovation has enabled Kelina Hospital to establish itself as a leader in prostate surgery, having performed over 500 Holmium Laser Enucleation of the Prostate (HoLEP) surgeries.

Pioneering Prostate Surgery Expertise Kelina Hospital’s Centre for Prostate Surgery has been a game-changer in the medical landscape. The hospital’s urologists have demonstrated their expertise in Laparoscopic Radical Prostatectomy, a keyhole surgery for prostate cancer, with impressive results.

HoLEP is a minimally invasive procedure that offers several advantages over traditional methods, including less blood loss, faster recovery, and reduced time spent on catheters.

The hospital’s expertise in prostate surgery has been recognised nationally and internationally, with partnerships with renowned surgeons, including Dr. Mahesh Desai, President of the World Association of Urological Surgeons (SIU).

These partnerships have enabled Kelina Hospital to stay at the forefront of medical innovation and provide patients with access to cutting-edge treatments.

Embracing Innovative Technology Kelina Hospital is committed to staying at the forefront of medical innovation, continually investing in cutting-edge technology to enhance patient care.

The hospital has recently welcomed Dr. Bertin Njinou, a renowned robotic surgeon, to its team. Dr. Njinou will spearhead the introduction of Robot-Assisted Radical Prostatectomy (RARP) to the hospital’s services, further solidifying its expertise

L-R: Consultant Anaesthetist, Dr. Vincent Obiwuru; Consultant Urologist, Dr. Bertin Njinou; Consultant Urologist, Dr. Celsus Undie and Corporate Relations Manager, Erica Omada Idoko, during a press briefing to announce landmark achievements in over 600 prostate surgeries and introduction of a Robot-Assisted Radical Prostatectomy (RARP), a robotic surgery, at the Kelina Hospital, Lagos… recently

in minimally invasive prostate cancer surgery.

The introduction of RARP will enable Kelina Hospital to offer patients even more advanced treatment options, with improved precision and accuracy.

This commitment to innovation has enabled the hospital to maintain its position as a leader in prostate surgery and provide patients with access to the latest treatments.

A Track Record of Excellence Dr. Undie highlighted the hospital’s commitment to patient care, saying, “This May, 2023 is a milestone in the life of Kelina Hospital as we mark five thousand (5,000) surgical operations on 5,000 citizens without a single mortality inside our theatre”. Although the hospital has now surpassed this milestone, reaching 6,000 surgeries, this achievement underscores its dedication to delivering

high-quality medical care.

Reducing Medical Tourism Kelina Hospital’s goal is to provide world-class medical care in Nigeria, reducing the need for medical tourism.

With Nigerians spending an estimated $1.6 billion annually seeking medical treatment abroad, Kelina Hospital’s achievements serve as a beacon of hope for Nigeria’s healthcare system.

By offering high-quality medical care locally, the hospital is poised to play a significant role in shaping the future of healthcare in Nigeria.

Dr. Undie emphasised the importance of Nigerians taking treatment at home, rather than traveling abroad for routine procedures. “Many patients return from overseas with complications, including infections, after minor procedures,” he said.

Kelina Hospital’s commitment to

providing world-class medical care locally is aimed at reducing these risks and improving patient outcomes.

Kelina Hospital’s achievements mark a new era in Nigerian healthcare. By providing world-class medical care locally, the hospital is reducing the need for medical tourism, promoting the country’s healthcare system, and potentially saving lives and healthcare costs. The hospital’s commitment to excellence and patient care serves as a shining example of what can be achieved with dedication and innovation.

As the country continues to grapple with the challenges of medical tourism, Kelina Hospital’s commitment to excellence and patient care serves as a beacon of hope for Nigeria’s healthcare system.

With its team of experts, cutting-edge technologies, and commitment to innovation, Kelina Hospital is revolutionising the healthcare landscape in Nigeria.

Interswitch Boosts HealthcareTransformation with Launch of EMR Platform, at Enugu National Orthopaedic Hospital As part of its sustainedefforts to digitalise Nigeria’s healthcare ecosystem, Interswitch, one of Africa’s leading integrated payments and digital commerce companies, through its health-tech subsidiary, Interswitch eClat, has launched eClinic, its Electronic Medical Records (EMR) solution at the National Orthopaedic Hospital, Enugu (NOHE).

Commissioned by the Honourable Minister of State for Health, Dr. Iziaq Adekunle Salako, the launch marks the fourth deployment of the eClinic solution in federal health institutions, following earlier rollouts in Osun, Ogun, and Edo States.

This milestone represents another significant step in the Federal Ministry of Health’s drive

to modernise healthcare delivery through digital innovation, and builds on Interswitch’s commitment to healthcare innovation, following its recent partnership with the Lagos State Government on the Lagos Smart Health Information Platform (SHIP).

Built to streamline clinical workflows, enhance care coordination, and improve patient outcomes, Interswitch’s eClinic offers healthcare professionals real-time access to comprehensive and centralised patient records. It also supports a broad range of hospital functions, including patient registration, diagnostics tracking, pharmacy management, and administrative reporting. Designed with Nigeria’s healthcare infrastructure realities in

mind, the platform operates in both online and offline modes, ensuring continuous uptime and uninterrupted service delivery.

The Minister of State for Health emphasised that the deployment of the EMR in Enugu aligns with the Ministry’s broader vision of modernising healthcare services and building a healthier Nigeria. He noted that the Federal Government remains committed to fostering meaningful collaborations with the private sector to deliver measurable impact for Nigerians.

According to him, digital systems like the Interswitch’s eClinicenable federal hospitals to deliver more accurate, efficient, and patient-focused care.

By reducing administrative burdens, improving

record-keeping, and supplying real-time data for planning and evaluation, these tools are empowering healthcare workers and strengthening service delivery across the board.

Speaking at the event, Babatunde Fadeyi, Vice President, Health Ecosystem (Public Sector), Interswitch, reiterated the company’s commitment to innovation, strategic partnership, and improving health outcomes nationwide. He stated: “Interswitch’s collaboration with key stakeholders, including government institutions, reflects our dedication to drive digital transformation across critical sectors such as healthcare. With eClinic, our EMR solution, we are empowering healthcare professionals to work more efficiently and deliver improved

outcomes for patients across the country.”

Interswitch’s approach to deployment has been fuelled by deep stakeholder engagement and continuous learning. Each rollout is adapted to the specific needs of the host hospital, ensuring the solution is both technically sound, customisable, and user-friendly. From needs assessments to user interface testing and staff training, healthcare workers have played an essential role in shaping the platform and providing feedback that has guidedcontinuous improvements.

With the successful launch in Enugu, Interswitch is set to expand the eClinic platform to more federal and state health institutions nationwide. Future enhancements will introduce

AI-powered diagnostic support, health insurance integration, and improved supply chain visibility, all contributing to a more responsive, connected, and data-driven health ecosystem.

Through its strategic interventions and technology-driven solutions, Interswitch continues to play a pivotal role in shaping the future of healthcare in Nigeria, advancing digital inclusion, and setting new standards in health service delivery.

As Interswitch deepens its investment in healthtech innovation, the company is helping to shape a smarter, more inclusive healthcare future for Nigeria, one where digitalised systemsdrive quality, accessibility, and efficiency across all levels of care.

32

T H I S D AY • Thursday, May 8, 2025

GamingWeek Edited by Nseobong Okon-Ekong | gamingweek1117@gmail.com | Tel: 08114495324

Five Big Questions About Nigeria’s Gaming Industry Under Cooperative Federalism TR

UTH

& R E ASO

N

Iyke Bede unravels the phrase cooperative federalism, which is being canvassed by the Federation of States Gaming Regulators of Nigeria (FSGRN), which proposes that states set and enforce their own gaming laws while aligning on shared frameworks based on local realities

Are

B

efore November 2024, the Nigerian gaming industry was saddled with a 16-year jurisdictional battle between state and federal regulatory bodies. With its ruling that month, Nigeria’s Supreme Court made it crystal clear that all gaming activities (lottery, gaming, casino) are a residual matter that falls under state control.

Despite this clear, decisive ruling, attempts have been made to reanimate the National Lottery Regulatory Commission (NLRC) through the Central Gaming Bill proposed by some stakeholders and politicians. The new bill will oversee online and international gaming affairs, touting the bill as a tool for uniformity across the industry.

But is central control really the answer? The Federation of State Gaming Regulators of Nigeria (FSGRN) recently stepped in with an open letter addressing the Nigeria Governors’ Forum on why cooperative federalism is the way forward — why it is the global best practice to adopt rather than a structure where operators do not understand where state regulators’ powers begin and where the federal regulatory body ends.

Boladuro What does cooperative federalism mean for Nigeria’s gaming sector?

Under cooperative federalism, states set and enforce their own gaming laws while aligning on shared frameworks based on local realities.

This results in more efficient enforcement and better outcomes for stakeholders. The body makes the argument that the decentralised system is adopted by some of the biggest gaming markets: USA (Multi-State Lottery Association), Canada (Interprovincial Lottery Corporation), Germany (Glücksspielstaatsvertrag and Glücksspielbehörde der Länder), Switzerland (GESPA), and India, where each state is granted exclusive purview.

Additionally, with current realities of gaming not supported by all states in Nigeria, states that promote gaming, through the state regulatory model, earn the full benefits of good causes in the long run, as opposed to a centralised system that distributes resources to those that do not support gaming but earn the full benefits.

With local knowledge of the clime, each state can better handle issues of responsible gambling and enforcement. Whereas, in the centralised system,

Arum

a one-size-fits-all approach poses a challenge of not capturing the nuances of each state, thus making it a less effective approach. Localised regulation ensures that resources are allocated effectively, addressing specific regional challenges and opportunities within the gaming sector.

Will every state benefit equally from gaming revenue?

It’s simple. States that ban gaming can’t expect to benefit from gaming revenues generated elsewhere.

In the US model, states like Utah prohibit all forms of gambling and do not share in the gaming revenues generated by other states. If a state refuses to legalise betting, it should also not expect to share in the proceeds of lotteries. This means that where gaming is legalised, there will be a concerted effort to grow the industry organically and raise revenue for the state.

A stable and predictable regulatory environment, bolstered by cooperative federalism, can attract both domestic and international investments into the gaming sector.

What does this mean for the Supreme

Court ruling?

The Supreme Court’s 2024 ruling affirming that lotteries and gaming are residual matters within the legislative authority of state Houses of Assembly has reinforced the constitutional rights of states to regulate gaming activities. This decision aligns with the principles of cooperative federalism, where states collaborate while retaining their autonomy.

While there is a push for the Central Gaming Bill, it necessarily does not change the ruling — albeit the bill seeks for online gaming and international gaming to fall under federal jurisdiction. The possibility of that materialising would require unprecedented luck.

What are the risks if states don’t step up?

A lack of collaboration and establishing a sense of oneness among states would create loopholes that may lead to some aggrieved states clamouring for a federal system. While no two states would operate the same way, the states must work towards creating ground rules.

The story continues online on www.thisdaylive.com

Velex Advisory Convenes Gaming Stakeholders Ahead of Nairobi Summit Iyke Bede

Bashir Are, CEO of Lagos State Lottery and Gaming Authority....at the 2024 edition of Velex GTSA

Velex Advisory will convene gaming regulators, developers, and technology stakeholders from across Africa at the Gaming Tech Summit between June 2 and June 6 at the Safari Park Hotel in Nairobi. The event aims to address the continent’s fast-evolving gaming landscape through a rare regulatory-focused lens.

With Africa’s gaming industry posting $1.8 billion in revenue in 2024 and projections pointing to $2.39 billion this year, the summit arrives amid growing calls for coordinated frameworks to manage the sector’s expansion.

What distinguishes this year’s summit is its emphasis on regulatory dialogue. Authorities from several African countries are expected to participate in sessions covering licensing,

Zimbabwe Pushes Responsible Gambling Agenda at ZITF Iyke Bede

At the recently concluded 65th edition of the Zimbabwe International Trade Fair (ZITF), the Zimbabwe Lotteries and Gaming Board used the platform to advocate for a more sustainable approach to gaming, emphasising the importance of responsible gambling practices.

Held under the theme ‘Industrialisation: Crafting an Integrated Economic Landscape’, the fair served as a meeting point for different sectors looking to align their operations with national development goals. For the lotteries and gaming board, that meant pushing conversations around player protection and ecosystem longevity.

“The lotteries and gaming board requires all those that patronise us to ensure that they exercise restraint,” said Dr. Misheck Chingozha, the board’s interim secretary.

“Their passion should not override their reasoning to the extent that they shouldn’t know when to stop or walk away. All those that do it should do it for fun.

We encourage our punters to not go into any betting house with an amount they cannot afford to lose.”

The message was clear: gaming is not supposed to be a financial escape plan or a daily hustle. It is entertainment. That is the mindset the board wants punters to adopt.

But beyond the player side, Dr. Chingozha also brought attention to gaming’s broader role in national development. Even when punters lose, the money doesn’t disappear into a black hole.

He noted that the industry feeds into government revenue through licensing fees and regulated contributions. A portion of this is earmarked for good causes – initiatives that fund health, education, and social welfare programmes.

In that light, gaming is not just a personal experience.

It is a national resource. However, that only holds if the ecosystem remains healthy and fair. This is why the board’s stance on responsible play is not just a public health issue. It is a sustainability strategy.

platform oversight, cross-border compliance, and player protection. These discussions will take place alongside broader industry panels involving fintech firms, game studios, and infrastructure providers.

The summit’s theme, ‘Enhancing a Balanced Gaming and Tech Ecosystem’, reflects mounting pressure to ensure that the industry’s growth does not outpace policy. Velex Advisory says it intends to create space for long-overdue coordination between regulators and private operators.

Africa’s youthful population is a driving force behind the gaming surge. Mobile-first users, local developers, and esports organisers are reshaping the digital entertainment market, prompting tech companies and investors to pay closer attention to regional dynamics.

Confirmed partners for the summit include Huawei, Sportradar, Mozzart, Betika, and Women in Gaming Africa, among others.

Beyond the main sessions, the summit will feature private matchmaking meetings, startup showcases, and investor briefings aimed at improving market access, funding opportunities, and policy clarity.

GAMINGWEEK TEAM Nseobong Okon-Ekong gamingweek1117@gmail.com | 08114495324 Iyke Bede ikennabede@gmail.com | 0703 044 7714 Akeem Lasisi lasaisai@yahoo.com | 08023687884 Vanessa Obioha vaysylver@gmail.com | 08069838305

Dr. Misheck Chingozha

Davidson Abraham

davisiano.adm@gmail.com | +971 56 744 6013

ADVISORY: +18 PERSONS UNDER 18 MUST NOT PARTICIPATE IN BETTING, GAMING OR LOTTERY ACTIVITY

33

THISDAY • THURSDAY, MAY 8, 2025

NEWS

MINISTER OF HOUSING VISITS APC NATIONAL CHAIRMAN...

L–R: Chief Executive Officer, Kat Forest Global Synergy, Alhaji Ibrahim Usman; Minister of state for Housing and Urban Development, Mr. Yusuf Attah; APC National Chairman, Dr. Abdullahi Ganduje; Photo: ENOCK REUBEN and Chief of Staff to the Minister, Alhaji Baba Abdul, during the minister’s visit to the APC National Chairman at the party’s national secretariat in Abuja, yesterday

NELFUND: Erring Institutions to Be Dealt With, Offences Criminalised No funds diverted, N54bn disbursed to over 293,000 students

Kuni Tyessi and Juliet Akoje in Abuja The Nigerian Education Loan Fund, NELFUND, has vowed to deal with institutions that go contrary to the terms and conditions surrounding funds paid to it on behalf of students.

It said while the Fund lacks the statutory power to suspend, remove or expel erring heads of institutions, any traced illegality will be reported and dealt with administratively by the minister of education.

It further affirmed it will not allow the initiative of President Bola Tinubu towards making education accessible to willing Nigerians to be sabotaged

on the altar of selfish interest.

Speaking during its third day stakeholders’ meeting and engagement with Heads of Colleges of Education, Agriculture, Health and Nursing, yesterday in Abuja, the Managing Director of NELFUND, Akintunde Sawyer, said the commitment of the Fund is to pay all registration charges that will admit students into classes for lectures tutorials, and exams amongst others.

In another related development, while refuting claims that funds meant for the student loan scheme were misappropriated, it asserted its records indicate a clear and transparent

disbursement process.

According to NELFund, out of the N203 billion allocated for student loans, N54 billion has already been distributed to eligible recipients without any irregularities.

This clarification was made by NELFund’s MD, Akintunde Sawyerr, during a session with the House of Representatives Committee on Students Loans held on Wednesday.

Sawyerr addressed the concerns following a statement issued the previous Friday by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), which reported that their investigations had

revealed various irregularities related to the loan fund.

He said “I think their report followed a report in the print media that suggested that 51 institutions were erring.

One were the irregularities they seem to have identified with the institutions and their relationship with the students in terms of access to education and charges or otherwise” Meanwhile, noting that so far, 303 institutions have been paid on behalf of 293,000 students, Sawyer said the loan is applicable with how it has been set up and this includes JAMB, NIN, BVN and the matrix numbers, while remarking that the longevity seems to

SSANU Threatens Industrial Action Over Delays in Salary Payment Onyebuchi Ezigbo in Abuja

The Senior Staff Association of Nigerian Universities, (SSANU) has expressed dismay over the delay in payment of salaries since members migration to the Government Integrated Financial and Management Information System, GIFMIS platform.

The association has written to the Accountant General of the Federation urging his intervention to prevent a breakdown of industrial harmony within the tertiary institutions.

President of SSANU, Comrade Mohammed Haruna Ibrahim in a letter to the Accountant General dated, May 7, 2025, with the title: “Concern over the Consistent Delay in the Payment of Monthly Salaries of University Workers,” expressed dismay over the persistent delay since

the university based unions exited from the Integrated Personnel and Payroll Information System, IPPIS payment platform.

He said that the continuous delay in salary payment to SSANU members is in breach of the 2022 agreement reached between the Joint Action Committee, JAC of SSANU/NASU and the Federal Government which led to the suspension of the prolonged strike action.

In the letter which was copied to the Minister of Education, Tunji Alausa, the Minister of Labour and Employment, Dr. Mohammed Maigari Dingyadi and the Executive Secretary, National Universities Commission, NUC, Ibrahim stated that part of the 2022 agreement that led to the suspension of the strike was the assurance that no member of the unions that took part in the strike

would be victimized in any form.

The letter partly read: “The Senior Staff Association of Nigerian Universities (SSANU) writes to express our deep concern over the consistent delay in the payment of monthly salaries of university workers, particularly since our exit from the Integrated Personnel and Payroll Information System (IPPIS).

“It is regrettable that, since our exit from IPPIS, the salaries of our members are often paid two weeks after salaries have been disbursed to other federal workers.

“This pattern has continued unabated and has become a source of anxiety and resentment among our members. We view this delay not only as an administrative lapse but as a clear act of discrimination against our members.

UNICEF Demands Accountability, Feedback from CSOs on Programmes Francis Sardauna in Katsina

The United Nations Children’s Fund (UNICEF) has demanded accountability and feedback from Civil Society Organizations (CSOs) and other partners on its programmes and interventions in communities across the country.

The UNICEF Social and Behaviour Change Specialist, Kano Field Office, Dr. Ogu Enemaku, stated this Wednesday during a quarterly meeting and capacity strengthening on Accountability to Affected

Populations (AAP) held in Dutse, Jigawa State.

The two-day meeting and training, brought together members of the CSOs, federal and state government officials, journalists and academic professors from Katsina, Kano and Jigawa States.

Enemaku said the civil society organizations, government officials and other UNICEF implementing partners should actively engage with those affected by crises or emergencies and ensure their participation in decision-making.

He added that the partners should provide relevant information to affected populations, especially children, women and persons living with disabilities, and act upon their feedback for effective and efficient service delivery.

Speaking on ‘Complaint and Feedback Mechanism’ Amina Bala of the UNICEF Country Office, Abuja, charged participants to be accountable to affected populations by listening to and acting on feedback and complaints to ensure that programmes and responses are effective.

“We wish to remind your esteemed office that a key component of the agreement reached between the Joint Action Committee (JAC) of SSANU/ NASU and the Federal Government in 2022—which led to the suspension of our last industrial action—was the assurance that no member of the unions that took part in the strike would be victimized in any form.

“The continuous delay in salary payment to our members is in breach of this agreement and suggests a punitive response to our union’s lawful decisions and actions.

have attracted more people.

According to him, “The commitment of NELFUND is to pay all their registration charges. Our instruction is that once they have paid their institutional charges, they must have access, I repeat, they must have access to education, lectures, classes, tutorials and examination.

“We paid the whole amount, we don’t want the students to put their hands in their pockets and bring out money, and we do not want students to pay because the school told them they haven’t received any money when they already have.

“That’s going to be a serious matter and will be attended to administratively.

And if anything illegal is going on, they will be death with as criminal offences if schools are asking students to pay when we already have paid.

“This is not an issue of refund. There are certain instances when we’ve made payments to schools after the students have actually paid because we started payment mid-cycle, but anybody who pays to the school after the school has received money from NELFUND is committing a crime.

“We don’t have the power to sanction - we can’t suspend, remove or expel, but if we find anything, we have to take it to the minister and if it’s criminal in nature, we have to escalate it to the agencies that will ensure that economic crimes and practices are not being committed.

“We can’t also punish the students for refusing to pay for next session in the name of sanctioning the school.

So, we are threading with caution.

Institutions that are erring are the ones that will face the music, and the minister is determined that this programme by President Bola Tinubu is not sabotaged by selfish interest.

Appreciating public outcry on real or perceived illegalities, Sawyer revealed that plans for thorough investigation into the matter has been concluded with the sperate investigative panels including the National Orientation Agency, NELFUND and the federal ministry of education.

“We are already conducting our own investigation. The NOA is conducting its own investigation, and the ministry of education through the Honourable Minister is conducting a holistic investigation.”

Meanwhile, during a session with the House of Representatives Committee on Students Loans held on Wednesday, he said: “We, as the NELFund, were caught up in that release by the ICPC, who indicated that they were of the opinion that funds had been diverted by the Nigerian Education Loan Fund. We immediately reacted to that report because we recognised the damage, even though we knew it was unbounded, we recognised the damage that it might do to public confidence in a scheme where there was already a great deal of skepticism.

“Our reaction led to the ICPC looking again at their statement, and within a matter of hours, they retracted the statement that suggested that the Nigerian Education Loan Fund might be diverting funds.

FOI: Court Asked to Include FCTA in Suit Seeking Release of Director’s Academic Records Alex Enumah in Abuja

The Abuja Division of the Federal High Court has been asked to join the Federal Capital Territory Administration (FCTA) as a defendant in the suit seeking to compel the University of Port Harcourt and the Federal Capital Development Authority (FCDA) to produce the academic records of a Director with the FCDA, Anita Anurika Odom, to clear some alleged discrepancies.

The suit by an Abuja-based activist, Njoku Ifeanyichukwu, was occasioned by the refusal of both the university and the FCDA to comply by the Freedom of Information (FOI), Act, in releasing Odom’s academic records.

Specifically, the activist wants the High Court to invoke the provisions of the FOI Act to compel the

University and the FCDA to supply him with the academic record of the Director for scrutiny to ascertain genuineness.

However, following the claims of the FCDA that the Director is not it’s employee, he opted to join the FCTA to enable him get remedy.

The activist in his suit marked FHC/ABJ/CD/929/2024, wants the court to issue an order for the University of Port-Harcourt and the FCDA to produce the academic records of the Director.

The suit has the FCDA, University of Port Harcourt and Odom as 1st to 3rd defendants respectively.

When the matter came up on Wednesday, the plaintiff, through his counsel, Abiodun Olusanya told the trial Judge, Justice Binta Nyako that he had filed an application on

April 29, 2025 seeking to join FCTA in the suit.

Olusanya however asked the court for a short adjournment to enable him respond to the objections raised against the application by the Director.

Odom in her objections contained in a counter affidavit filed through her lawyer, Martin Agba, informed the court that she is not a staff of the FCTA as claimed by the plaintiff and that the case was instituted to intimidate her for supporting her step-niece, who was molested by one, Mr. Chukwuemeka Emmanuel Uyaelumuo.

According to her, “The case of molestation was reported to the National Agency for Prohibition of Trafficking in Persons (NAPTIP), which promptly launched an investigation into the matter.

34

THURSDAY, MAY 8, 2025 • THISDAY

NEWS

MOU BETWEEN LAGOS STATE GOVERNMENT AND BANK OF INDUSTRY...

L–R: Attorney General and Commissioner for Justice, Mr. Lawal Pedro, SAN; Member, Lagos State House of Assembly, Hon. Abiodun Tobun; Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade AmbroseMedebem; Governor of Lagos State, Mr. Babajide Sanwo-Olu; Managing Director/CEO, Bank of Industry (BOI), Dr. Olasupo Olusi; and Executive Director, Commercial and Institutional Banking, Sterling Bank, Mr. Tunde Adeola, during the unveiling of the Lagos State Government (LASG)-Bank of Industry (BOI)-Sterling Bank MSME Fund and signing of the MoU between LASG and BOI, at the Adeyemi Bero Multipurpose Hall, Alausa, Ikeja, yesterday

Lagos State Partners BOI, Sterling Bank to Support MSMEs with Single-Digit Loans, Create 10,000 Jobs Nume Ekeghe In a major boost for small businesses in Lagos, the state government has teamed up with the Bank of Industry (BOI) and Sterling Bank to launch a funding programme that will offer Micro, Small and Medium Enterprises (MSMEs) loans at just 9 percent interest - well below the market rate.

The initiative known as the Lagos State MSME Access to Finance Scheme or LASMECO was formally launched yesterday during a signing ceremony coordinated by the Ministry of Commerce, Industry and Investment.

The scheme is expected to support entrepreneurs with affordable loans of up to N10 million, and create no fewer than 10,000 jobs across critical sectors of the economy.

Speaking at the event, Lagos State Governor, Babajide Sanwo-Olu said that the MoU is a living example of synergy public-private collaboration at its finest, aimed at one of the most important goals: empowering our MSMEs. He said: “Today, we proudly unveil the Lagos State Access to Finance Programme for MSMEs Through Cooperatives, a tri-partite partnership between the Lagos State government, the Bank of Industry (BOI), and Sterling Bank. In simpler terms, we launch the LASG-BOISterling MSME Fund, an initiative Lagosians will come to know by the name LASMECO. “This programme is the first-ofits-kind in our state: a public-private financing platform deliberately designed to break the barriers that have long stifled our small businesses.

Early Detection Can Offer Permanent Cure for Cancer, Says Physician Onyebuchi Ezigbo in Abuja A gynaecologist at Asokoro General Hospital in Abuja, Dr. Mary Clement, underscored the importance of early clinical judgment.

As strategy to encourage more Nigerians to embrace early cancer screening, Clement appealed to federal and state governments to subsidize the cost.

The physician stated this during the OncoSeek Cancer Training for journalists, an initiative aimed at deepening media understanding of cancer diagnostics.

Clement said that biopsy and imaging, such as MRI scans, when used in early detection of cancer can help in ensuring prompt treatment and possible cure of the aliment.

“Before you tell a patient they have cancer, it takes a constellation of investigations. Early detection is powerful, not just for diagnosis but for cure.

“Some cervical and breast cancers can be completely treated if caught early, sometimes without chemotherapy or radiotherapy.

“I want to tell the general public that if you test early and cancer is detected early, there are chances for total cure for some of the cancer varieties,” she said Regarding the low response of the public to cancer screening, Cement said: “I want say that if government can subsidize the cost of cancer screening, it will be of help.

“For instance, a woman frying

akara by the roadside may afford to spend N10,000 at the hospital for cancer screening but government declares screening, slot of people will troop out to have the test”.

She shared a case where a woman, who came in for a routine check was found to have precancerous lesions on her cervix. A simple loop excision cured her without further treatment.

“That woman didn’t even know anything was wrong. She came in healthy. That’s the power of early screening,” she said.

She advised women who are about to go into menopause and young female who experience frequent bleeding to go for screening test.

“She lamented that there is no oncology unit in most of the General Hospitals in the FCT but a quality pathologist.

According to her, “what is being done is that when a patient is screened and it is cancer, we will immediately refer them to the National Hospital for treatment.

She used the opportunity to plead with the minister of FCT minister to consider building cancer centre in the FCT, Abuja.

One of facilitators of the training from Excellion International, organisers of the training, Salomey Eferemo, said the organization decided to hold the interactive session with health reporters because of the key role they play in awareness creation about cancer.

“What does this mean in practical terms? Allow me to highlight why LASMECO is a game-changer.

For the first time, thousands of entrepreneurs in Lagos will have access to loans of up to N10 million at a remarkably low interest rate of just 9 per cent per annum.

“To put that in perspective, many MSMEs today face lending rates in the high teens or twenties a burden that can crush a fledgling enterprise. By offering single-digit interest, we are effectively lifting a huge weight off the shoulders of our business owners, giving them room to breathe, grow, and thrive.”

On his part, the Managing Director/Chief Executive Officer, Bank of Industry, Dr. Olasupo Olusi, said the initiative was built to unlock the

creativity, energy, and resilience of Lagos-based MSMEs. According to him, the programme will use technology to streamline the application and disbursement process, and 50 per cent of the loan portfolio will be backed by a bank guarantee to reduce risk and give lenders more confidence.

He said: “At the Bank of Industry, we believe MSMEs are the engine of economic growth driving innovation, creating jobs, and expanding opportunities. However, we also know that without access to finance, their potential remains limited.

“This is why the government of President Bola Ahmed Tinubu is focused on delivering access to finance to the MSME segment of Nigerian enterprises. This programme

is designed to change that. It targets key sectors that are central to Lagos State’s development including Healthcare to strengthen systems and spark medical innovation; Manufacturing boosts local production and industrial capacity; Agribusiness to improve food security and rural livelihoods; Creative industries to grow our cultural and artistic economy, and digital economy to unlock youth-led innovation and enterprise.”

Olusi said that but beyond where the funding goes is how it works and that’s what truly sets this programme apart.

His words: “It’s not just what we’re financing; it’s the way we’re doing it. First, it is fully technology-driven, from application

to disbursement, ensuring speed, transparency, and real-time impact tracking. Second, up to 50 per cent of the fund is backed by a bank guarantee, therefore de-risking the lending process and building stakeholder confidence.

“Thirdly, access to the funds will be facilitated through certified cooperatives, which will ensure structure, trust, and accountability. And finally, there’s an accelerator programme, offering MSMEs mentorship, training, and digital tools to help them grow and compete. This is not just finance’ it’s a full ecosystem built for success.

“And at the heart of it all is accessibility. Under this scheme, MSMEs can access up to N10 million at a single-digit interest rate of 9 per cent per annum, without collateral.”

Edo Govt Directs Okpella Kingmakers to Begin Selection Process of New Okuokpellagbe Fixes Saturday 10th May, 2025 for exercise

Adibe Emenyonu in Benin City

The Etsako East Local Government Council has officially directed the Okpella Traditional Council and kingmakers to commence the process of selecting a new Okuokpellagbe of Okpella following the dethronement of the former king, Engr. Lukeman Akemokue.

In a letter addressed to the Most Senior Village Head (Daudu) in Okpella and the Okpella Traditional Council, the local government confirmed that the Edo State Ministry of Local Government and Chieftaincy

Affairs had mandated the commencement of the selection process to fill the empty vacuum with immediate effect.

According to the letter signed by the Executive Chairman, Solomon Oghuma, the Okpella Traditional Council had already held a meeting on Saturday, April 3, 2025, and fixed Saturday, May 10, 2025, as the date for the selection/election of the new traditional ruler.

The process will take place at the Imiokhewa Village Town Hall, Ogute-Oke Ruling Branch of Okpella Clan, in Etsako East Local

Government Area.

The council also stated that a government representative would be present to witness the proceedings, ensuring compliance with the law.

The letter emphasized that this directive supersedes any previous instructions on the matter.

The former Okuokpellagbe, Engr.

Lukeman Akemokue, was dethroned following an official revocation of his appointment by the state government on the ground of non-compliance with the existing law and traditions.

When contacted, one of the Kingmakers who does not want

his name in print, commended the governor for taking a bold step in line with the law of chieftaincy to avoid any vacuum.

Meanwhile, some members of the community are of the opinion for a longer period, majority of the kingmakers are of the view that the proper step has been taken, hence the issue should be dealt with once and for all.

According to the statement, all interested aspirants from the Oteku Clan are to converge on Ogute for the exercise, tentatively fixed for Saturday, 10th May, 2025.

LASAA Extends Educational Support to Ikorodu Public Schools in CSR Drive The Lagos State Signage and Advertisement Agency (LASAA) has broadened its corporate social responsibility (CSR) efforts with the second phase of its “Back to School Storm” initiative, reaching four public primary schools in the Ikorodu area of Lagos State.

The Agency visited Methodist Primary School, Igbogbo; Anglican Primary School, Igbogbo; Etunrenren Primary School; and Muslim Primary School, Ikorodu distributing essential school supplies to pupils.

The donated items included environmentally-conscious school bags crafted from repurposed advertising banners, alongside exercise books

and writing materials.

The initiative underscores LASAA’s commitment to both educational advancement and environmental sustainability, a vision championed by its Managing Director, Prince Fatiu Akiolu.

The programme aligns with Governor Babajide Sanwo-Olu’s T.H.E.M.E.S Plus agenda, which prioritises education and social development across the state.

Key LASAA management figures, including the Director of Administration and Human Resource, Mr. Gbolahan Oloko; Head of Operations and Innovation, Mr. Adegbolahan Dixon; Head of Corporate Commu-

nications and Strategy, Mrs. Atinuke da-Silva-Osadjere; and the Head of Legal Department, Mrs. Titilope Raheem were present at the outreach.

The CSR initiative is a collaborative effort with the Omo Daada Foundation, led by Honourable Omoniyi Dada, who also participated in the distribution events.

Dufil Prima Foods, a key sponsor, actively contributed by providing additional school items and nutritious lunches for the pupils at each school, adding a significant humanitarian aspect to the programme.

Reaffirming LASAA’s long-term commitment, Prince Fatiu Akiolu pledged to extend the initiative to

more public schools across Lagos, aiming to cultivate academic excellence and empower future leaders.

Honourable Sesan Daini, Chairman of Igbogbo Bayeku Local Council Development Area, expressed his profound gratitude for LASAA’s benevolence and encouraged sustained support for the children.

Further bolstering the initiative, Honourable Gbolahan Ogunleye, Member of the Lagos State House of Assembly representing Ikorodu I and Chairman of the House Committee on Sustainable Development Goals and Overseas Investment donated table tennis equipment to promote sports and extracurricular activities.

35

THISDAY • THURSDAY, MAY 8, 2025

NEWS

2025 GLOBAL TRADE REVIEW WEST AFRICA CONFERENCE...

L–R: Principal, Trade Products, West Africa Cluster, Standard Chartered Bank, Mr. Simon Umegbu; Head, Trade, Indorama Eleme Petrochemical, Mr. Afeez Rabiu; Head, Sales, Transaction Banking, Stanbic IBTC Bank, Ms. Ojinika Shote; Head of Global Partnerships, Veefin Solutions, Mr. Ullas Puntambekar; and Global Director, Solution Consulting, Surecomp, Mr. Arjo Haksteen, at the 2025 Global Trade Review (GTR) West Africa Conference held in Lagos, yesterday

FG: Terrorists Using Improvised Drones, Lack Capability for Sophisticated Air Power Idris urges media to deny terrorists, bandits publicity Rivers community raise the alarm over herdsmen attack

Olawale Ajimotokan, Linus Aleke in Abuja and Blessing Ibunge in Port Harcourt The federal government said the groups terrorising the country had not acquired sophisticated air capabilities, as some had insinuated, but were only using improvised civilian drones without lethal capabilities. Minister

of Defence, Badaru Abubakar, stated this at the seventh edition of the 2025 Ministerial Press Briefing Series, held at the National Press Centre, Radio House, Abuja.

At the same time, Minister of Information and National Orientation, Mohammed Idris, appealed to media professionals to refrain from granting undue publicity to terrorists,

bandits, and other criminal elements threatening the peace and security of the country.

That was as communities in Etche Local Government Area of Rivers State raised the alarm over invasions by armed herdsmen attacks.

Speaking at the media briefing, Abubakar stated that Nigerian troops had apprehended 17,469 felons and

rescued 9,821 hostages within 21 months.

He said troops of the armed forces of Nigeria deployed in various operational theatres killed no fewer than 13,543 terrorists in the past 21 months, while 124,208 others surrendered to troops within the period under review.

Responding to questions on the

Food Security: House Moves to Enhance Agric Innovation in Rural Areas As NNPC foundation recommits to food security in the country

Juliet Akoje in Abuja and Okon Bassey in Uyo

He therefore said that the Bill seeks to bridge this glaring gap as the amendment will not simply be adding institutions, but will serve as an investment in untapped potential, and empowerment of those whose hands feed the nation.

Kalu expressed optimism that when the bill becomes law, it will lead to stronger agricultural research ecosystem; more employment and entrepreneurship opportunities for Nigerians; greater food security and overall economic growth.

He said: “This is not merely to introduce a legislative proposal, but to lay before this Peoples House a vision — a vision to take agricultural education into the fabric of our national development strategy and effort.

“A vision that recognises that research and innovation must not remain in silos or city centres, but must live where the land is tilled, where the livestock roam, where the

rivers run.

“Through this amendment, we are not simply adding institutions — we are answering a national call -a call to invest where there is untapped potential, to empower those whose hands feed the nation, and to deepen our national agricultural productivity capacity by expanding the mandate and reach of the Agricultural Research Council of Nigeria through the establishment of specialised training institutions in various parts of our great nation by establishing certain specialized agricultural colleges in strategic locations across the six geo-political zones.

Kanu’s Family Decry Alleged Distortion of Proceedings, Seeks Livestreaming in Court

The Hydrocarbon Pollution Remediation Project (HYPREP) has urged stakeholders to support its efforts in the ongoing Ogoni cleanup exercise.

This came as the agency has also urged regulators, asset owners and other stakeholders to remain resolute in their support, assuring international standard practice in the remediation of the polluted Ogoniland in Rivers State.

The Project Coordinator of HYPREP, Prof Nenibarini Zabbey, made the call in his welcome address, at the 2025 first quarterly key stakeholders meeting held in Port Harcourt, State capital.

Prof. Zabbey explained that the meeting platform remains instrumental in providing a structured avenue for regulators, asset owners, and implementation partners to offer feedback to HYPREP on project

The House of Representatives has passed for second reading a bill seeking to amend the Agricultural Research Council of Nigeria Act, by expanding its mandate through the establishment of specialised training institutions across the federation to deepen national agricultural productivity capacity and ensure innovation is not confined to a few urban centres.

In another related development, the Nigerian National Petroleum Corporation (NNPC) Foundation has renewed its commitment to ensuring food security in the country.

Mrs. Emmanuella Arukwe, Managing Director, NNPC Foundation said this on Wednesday during the training of vulnerable farmers in Akwa Ibom, affirming that 6,000 farmers across the country would be trained on modern farming methods and market access strategies to boost food production

Emmanuel Ugwu-Nwogo in Umuahia The family of Nnamdi Kanu has called for livestreaming of his ongoing trial before Justice James Omotosho, saying it would enhance transparency and eliminate distortion of court proceedings.

Spokesman of the family, Emmanuel Kanu, made the call in a statement, following concern over “deliberate misinformation emanating from this trial (which) underscores the urgent need for transparency.”

He said members of Kanu’s

in the country.

Meanwhile, the proposed legislation titled, “Bill for an Act to Amend the Agricultural Research Council of Nigeria Act, Cap. A12, Laws of the Federation of Nigeria, 2004, to Provide for the Establishment of Certain Specialised Colleges; and for Other Related Matters,” was sponsored by the Deputy Speaker, Rt Hon Benjamin Kalu and 6 other lawmakers.

Leading the debate on its general principles at the plenary on Wednesday, the Deputy Speaker noted that agriculture remains a vital part of Nigeria’s economy and a key driver of rural development, job creation, food security, and national GDP. He however said that the nation continues to face glaring gaps in research and innovation, especially in regions where unique agricultural potential remains untapped due to the absence of tailored educational institutions.

family were unhappy with the skewed reports of what transpired during the court hearing on Tuesday where it was reported in the media that the leader of the Indigenous People of Biafra (IPOB) admitted to calling for the killing of police officers.

Emmanuel decried “the media’s complicity in spreading lies, such as the baseless claim that Mazi Nnamdi Kanu admitted to inciting violence, saying it was the true eeflection of what actually happened in court.”

According to him, the alleged biased reporting “is indicative of

the pressure exerted on journalists to serve as mouthpieces for the government’s agenda.

“This case, which carries global interest and significance, demands real-time access to counter the propaganda and falsehoods peddled by government-controlled media,” he said.

The Kanu family spokesman said though Justice Omotosho had demonstrated commendable impartiality in the trial, “the prosecution’s desperation to distort facts and manipulate public perception” remained a major threat.

air power of the terrorist groups, the defence minister said, “From where did they get armed drones? What we have seen is normal, small civilian drones.

“They just tie drone bombs to them to improvise and drop them on their targets. It is not a sophisticated drone, and it is not an armed drone with strategic guidance; it is an improvised system.

“That is what we have seen so far, and we are building up our intelligence. That is why we have arrested so many arms traffickers, and that is why we are monitoring the use of civilian drones in collaboration with the Office of the National Security Adviser.

“The drones they use for attacks are just small drones that even the media use, but with the capacity to carry 1 or 2 kg of explosives that they can detonate.

“That is what they have for now.

But we are doubling our intelligence efforts both internally and internationally with our partners to ensure that we track the source and nip it in the bud.”

On the progress made so far in manufacturing military munitions locally, Abubakar stated, “On the Ajaokuta Steel Company Limited and Defence Industries Corporation of Nigeria (DICON), we are working to see if we can resuscitate a session in Ajaokuta that will help us in our quest to make DICON more productive.

“The president has signed the DICON bill, with which I believe you are all conversant. As of today, 53 companies have signed a Memorandum of Understanding with us, and most of them are in different stages of construction in their factories.

“About 10 of them have started production, including some light drones, Mine-Resistant Ambush Protected Vehicles (MRAPVs), Armoured Personnel Carriers (APCs), and many other equipment, like helmets, safety vests, and others.

“We target that by the end of the year, we will have 20 producing, and by next year, God willing, we will start to export. If you visit the DICON office in Kaduna, the ammunition factory is functioning, and we are producing a lot of arms for our use.”

Responding to a question on the government’s effort to liberate communities and local government areas still under the grip of terrorists and bandits, especially in the Northwest operational theatre, the minister said, “You mentioned your visit to Faskari and the situation in Safana; we are not unaware of it. I did not tell you it is all over; I said we have achieved success, and you attested to it yourself.

“So, slow but sure, we will deal with this and nip it in the bud, and Safana will be free. We are moving, and we will get Safana and other communities that are facing difficulties also liberated.

HYPREP Seeks Support from Stakeholders in Ogoni Cleanup Blessing Ibunge in Port Harcourt

performance and deliberate on ideas that move the project forward.

He stated that the meeting enables the stakeholders to strengthen collaboration, deepen synergy, and reinforce collective responsibility in the project.

Zabbey who recalled that the “UNEP’s 2011 Environmental Assessment of Ogoniland provided a comprehensive blueprint for the clean-up and sustainable management of hydrocarbon pollution in the region. The Report also made recommendations which are being given due attention”, said the work on several fronts of the project is progressing steadily.

He told the stakeholders that “As key project partners, your insights and shared experiences have always enriched our operations, and as we look ahead, such cohesion remains critical to the success of HYPREP’s mandate”.

Drawing from the Renewed Hope National Agenda which emphasises the acceleration of the Ogoni Clean-Up, the HYPREP coordinator said “the policy thrust for 2025 is clear”, stressing that they are intensifying efforts to complete various ongoing projects including remediation works and mangrove restoration, potable water facilities, Ogoni Specialist Hospital and many others projects.

Zabbey told the stakeholders that the agency will soon commence a new set of shoreline cleanup, mangrove restoration, water, and livelihood training projects to sustain the momentum of implementing the Ogoni Cleanup.

Also, he revealed that HYPREP has concluded plan to conduct detailed site characterisation of the high-risk, complex sites leading to remediation execution works at the sites.

36

THURSDAY, MAY 8, 2025 • THISDAY

NEWS

GROUNDBREAKING AND LEADERSHIP RETREAT ON COMMUNICATION SKILLS...

L–R: Wife of Delta State Governor, Mrs. Tobore Oborevwori; Facilitator, Stephanie Busari; Wife of Ogun State Governor, Mrs. Bamidele Abiodun; and Wife of Katsina State Governor, Mrs. Zulaiha Dikko PHOTO: KINGSLEY ADEBOYE Radda, during the governors’ wives’ groundbreaking and leadership retreat on communication skills in Abuja, yesterday

LP Caretaker Committee Sets Up Panel to Probe Abure’s Anti-party Activities, Financial Crimes Says caretaker studying coalition processes for good of party, Nigerians Passes confidence vote on Obi, Otti Embattled chair’s faction slams indefinite suspension on Otti, Nwokocha, Kingibe, Sowumi, Ogah

Chuks Okocha in Abuja The leadership crisis rocking Labour Party (LP) is not abating, as the national caretaker committee, led by Senator Nenadi Usman, yesterday, set up a disciplinary panel to investigate the factional chairman, Julius Abure, for multiple allegations, including anti-party activities.

The panel headed by Senator Ireti Kingibe had 21 days to submit its report.

That was as the national caretaker committee passed a vote of confidence on its 2023 presidential candidate, Peter Obi, and the Abia State governor, Alex Otti.

The national caretaker committee said, contrary to claims by the Abure faction that LP was not part of the ongoing coalition plan by political parties against All Progressives Congress (APC), the party was studying the coalition structures and processes to determine its value for Nigeria and Nigerians.

But in a pushback, the Abure faction announced the suspension of Otti, Kingibe, and Senator Darlington Nwokocha, among others.

Addressing a press conference in Abuja, Wednesday, Usman, said, “After a careful and comprehensive

review of the Supreme Court judgement delivered on Friday, April 4, 2025, the National Executive Council (NEC) is deeply concerned by the subsequent actions of Barr. Julius Abure, particularly his continued impersonation of the esteemed office of the national chairman of the Labour Party. ‘’These actions have not only violated the spirit and letter of the law but have also brought the image and integrity of our great party into disrepute. In the exercise of its constitutional mandate and in strict accordance with the disciplinary provisions of the Labour Party Constitution 2019 (As Amended), the NEC, in session, hereby announces the commencement of disciplinary actions against Mr. Abure.

“These actions have started with the constitution of a special investigative committee to review the actions of Mr. Abure as it affects the image and integrity of the party.

“In line with due process and the party constitution, NEC gives Mr. Abure 48 hours’ notice to show why disciplinary actions would not be taken against him for his numerous acts of misconduct against the party.

The formal notice of disciplinary actions will be sent to the last known address of Barr. Julius Abure.”

The national caretaker committee chair added, “Mr. Abure is hereby warned to desist from parading himself as the National Chairman of the Labour Party or impersonating the office in any form. The apex court of the land has clearly and finally nullified his claim to leadership, and his tenure has long expired by the passage of time. His continuing acts of reckless denigration of party leadership and open war against the party will attract severe sanctions.

“Rather than drag the image of the party into further disrepute, Mr. Abure is advised to deploy his time and attention to addressing

Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, yesterday, told participants of the Air Force War College (AFWC) Course 11/2025 that they were the future of air power in Nigeria.

Abubakar stressed that the participants’ leadership, professionalism, and resilient would shape Nigerian Air Force’s ability to respond to present and future security challenges.

Abubakar made the assertions while delivering a lecture, titled, “Military Strategic Leadership in Air Operations: My Perspective.”

He urged the next generation of Air Force leaders to embrace the challenges of strategic command.

A statement by Director of Public Relations and Information, Nigerian Air Force, Air Commodore Ehimen

Ejodame, stated that the CAS also lauded the federal government’s strategic support to the Nigerian Air Force (NAF), highlighting its tangible impact on the country’s ongoing counterinsurgency and national security operations.

Abubakar stated that the targeted investment by the administration of President Bola Tinubu had significantly bolstered the operational capabilities of NAF. He stated that the recent delivery of nine brand-new aircraft added critical capabilities to NAF’s fleet, enabling more precise and sustained operations across various theatres.

According to him, “These platforms are already making a measurable impact in key operations geared towards enhancing national security. The NAF is expecting an additional 49 aircraft, with several scheduled for delivery in the coming

the disciplinary committee.

“Consequent upon that, the following members of the party have been suspended from the party and all its activities, indefinitely and with immediate effect.

“Those suspended are the Abia State governor, Dr. Alex Otti, Senator Ireti Kingibe, Senator Darlington Nwokocha, Hon. Victor Afam Ogene, Hon. Amobi Ogah, and Hon. Seyi Sowunmi.”

The party added, “By this suspension, these former members of the party will no longer act for and on behalf of the party. All concerned institutions, including the Nigeria Governors’ Forum, the National Assembly, INEC, and security

agencies, among others, are to take note.”

Farouk explained, “It will surprise Nigerians and party faithful that the name of one Nenadi Usman was conspicuously omitted from the list of the suspended members of the party. First, we have said repeatedly that the said Nenadi Usman was and is not a member of the Labour Party, being not a card carrying member of the party.

“We are aware that she is a member of the Obidient Support group that worked and is still working for the party’s 2023 presidential candidate. We will, therefore, not honour her with any sanction, being not a member of the party.

Presidency Punctures Growing Opposition Coalition Talk, Says It’s Mere Hallucination Deji Elumoye in Abuja

The presidency has faulted reports about growing opposition coalition ahead of the 2027 general election, describing it as mere “hallucination”.

Stressing that no credible political

CAS to Air Force War College Participants: You Are the Future of Air Power in Nigeria Linus Aleke in Abuja

the serious allegations of corruption, forgery, perjury, and criminal conspiracy pending against him.”

However, the Abure faction, in a statement by the factional secretary, Umar Farouk, slammed an indefinite suspension on Otti, Nwokocha, Kingibe, Hon. Seyi Sowunmi, and Amobi Ogah Farouk stated, “The disciplinary committee has concluded their assignment and has submitted their report to the party leadership.

“The national executive of the party met today, May 7, 2025, and after exhaustive deliberation in line with powers donated to it by the party constitution, has ratified the recommendation as submitted by

months.

“These acquisitions will further expand the Service’s capacity to execute complex missions and maintain momentum in ongoing air operations.”

Providing an overview of operational achievements, the CAS disclosed that in the past year alone, NAF flew over 4,500 hours across 2,304 sorties, executing nearly 2,000 counterinsurgency missions.

The CAS emphasised, “Additionally, over 2,600 anti-banditry sorties were carried out, resulting in 4,670 hours of flight time.

“In support of efforts to combat economic sabotage, the NAF conducted 366 sorties targeting crude oil theft and illegal refining, amassing more than 1,450 hours of flight time.

These figures are not mere statistics; they represent real missions, real risks, and real outcomes.”

party or figure had officially supported such alliance, Special Adviser on Policy and Communications to the President, Daniel Bwala, in a post on X, insisted that such claims lacked substance and were not backed by any legitimate endorsement.

According to him, the notion of an emerging alliance between Peoples Democratic Party (PDP), Labour Party (LP), and other opposition blocs, is a media-driven illusion with no substance.

Bwala stated, “To say a politi-

cal coalition is surging when, in fact, no one is interested in it is a political hallucination. Both the PDP Governors’ Forum and the party’s National Working Committee have publicly declared their non-involvement in any coalition talks.

“Labour Party’s presidential candidate in the 2023 election, Mr. Peter Obi, has also recently distanced himself from such negotiations. Peter Obi said he is not in any coalition talks.

“Labour Party people said

they are not interested. The PDP Governors Forum said they’re not in. So, who exactly is in this so-called coalition?”

Bwala challenged the notion of opposition unity, asserting that the true political momentum is with the governing All Progressives Congress (APC), which he described as “surging” due to a continuous flow of defections.

“In contrast, the party surging is APC, receiving defectors left, right, and centre,” he said, adding, “It is not a coalition, but hallucination.”

Kalu Seeks US Partnership for Electoral Reforms, Women’s Representation in Politics Juliet Akoje in Abuja The Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu, has advocated partnership with the United States government to support Nigeria’s efforts in promoting gender equity and electoral reforms.

Kalu made the call during during a meeting with a delegation from the US Embassy in Nigeria led by Mr. David Frost, a political counsellor and Cassandra Carrony at the National Assembly yesterday.

The Deputy Speaker, who also

chairs the House Committee on constitution review, said the collaboration would be on three key areas of technical expertise, advocacy and capacity building.

Specifically, he emphasised the need to share comparative insights on gender responsive electoral systems, amplify stakeholder engagement with civil society, media, political parties and co-create a women’s legislative leadership programme to train future female lawmakers.

“How do we partner the US? We seek the US Embassy support

in various areas, technical expertise, share comparative insight on gender responsive, electoral system. Let’s know how you’ve done it and succeeded; advocacy, amplify stakeholders engagement with civil society, media and political party.

“You already have structures.

We can adopt those structures and make them to reflect what we want to achieve with this particular mission.

It’s not a fanciful outing. It’s impact oriented. We need to capacitate those that will drive the impact and it’s through this strategic partnership.

37

THISDAY • THURSDAY, MAY 8, 2025

NEWS

LAUNCH OF THE NATIONAL MASS FATALITY RESPONSE PLAN...

L–R: Assistant Commissioner of Police, Mr. Paul Mahanan; Director General, FCT Emergency Management Agency, Engr. Abdulrahman Mohammed; Director, Planning, Research and Forecasting, National Emergency Management Agency (NEMA), Dr. Onimode Bandele; Director General, NEMA, Mrs. Zubaida Umar; Field Coordinator, World Health Organization (WHO), Dr. Latifa Arfaoui; Protection Coordinator, International Committee of the Red Cross (ICRC), Ms. Nourane Houas; and Permanent Secretary, Delta State Emergency Management Agency, Mr. Karo Ovemeso, during the launch of the National Mass Fatality Response Plan developed by NEMA in partnership with ICRC in Abuja on Tuesday

Cardinals Fail to Pick New Pope on First Day of Conclave Process continues today

Emmanuel Addeh in Abuja and Sunday Ehigiator in Lagos Black smoke billowed from the chimney of the Sistine Chapel yesterday, signifying that cardinals did not elect a new Catholic pope on the first day of the conclave.

This means there was no clear frontrunner to take over leadership of the Roman Catholic Church, and cardinals will continue voting Thursday (today) in a series of highly secretive ballots until they choose a

successor to Pope Francis.

The 133 voting cardinals later returned to the Santa Marta residence inside the Vatican, where they will remain sequestered.

Meanwhile, the rest of the world’s 1.4 billion Catholics will have to continue waiting, with no hints about the future leader, the CNN reported.

The cardinals have all taken an oath of secrecy and given up their electronic devices to prevent communication outside the conclave, leaks or outside surveillance. The cardinals

and Vatican staff will only get their phones and devices back once the conclave has ended.

Breaking the oath of secrecy results in automatic excommunication from the church.

Outside, tens of thousands gathered as the sun set at the Vatican’s St. Peter’s Square to watch the smoke signals coming from the burning ballots, even though it would have been highly unusual for a new pope to be selected after only one vote in the conclave.

The past two popes, Benedict XVI

and Francis, were appointed on the second day of voting. Before them, John Paul II was appointed on the third day.

For the next three days, up to four rounds of voting will be held per day — two in the morning and two in the afternoon. If there is still no new pontiff by the fifth day, which falls on Sunday, the cardinals get a break from voting and instead are given time for prayer, quiet reflection and informal discussion.

This conclave is poised to be a

Obasanjo Inaugurates Four Substations in Aba, Says AIPP Justified His Power Sector Reform Emmanuel Ugwu-Nwogo in Umuahia

Former President, Chief Olusegun Obasanjo has expressed delight at the successes recorded by Geometric Power Limited, saying it has justified his decision to grant licence for the establishment of the Aba Integrated Power Project (AIPP).

He made his feelings known when he inaugurated four 2x15 MVA substations at Ogbor Hill Aba, built by Aba Power Electric, a subsidiary of Geometric Power Limited, in continuation of its growth and expansion.

Obasanjo stated that “two persons” had actually advised him against granting licence to Prof. Bart Nnaji to set up AIIP, Nigeria’s first independent integrated power project, on the ground that Nigerians could

not handle such responsibility.

However, the former president said he rejected the advice and went ahead to give Nnaji the go-ahead and the professor of robotics has justified his confidence in the ability of Nigerians to take on huge responsibilities.

“You have not disappointed me and you did not disappoint all those including all the people that supported you to realise this project,” he told Nnaji.

Obasanjo confessed that when he approved the AIIP license he “wasn’t sure what the outcome would be; it was a trial (but) now that I have seen the outcome I feel happy” that Nnaji swam against the tide to realise the project.

Obasanjo said the lesson to learn from Nnaji’s success with the AIIP, which supplies reliable power to the Aba ringed-fence area, comprising

nine local governments is “within ourselves, among ourselves and by ourselves we have what it takes to develop.”

He described Nnaji as “persistent man, this insistent man, this man, who will never say no,” hence his ability to overcome every huddle on his way in nurturing Geometric to growth and expansion.

Obasanjo noted that the establishment of Geometric Power has come as a big relief to the Aba, which had already gone down as a centre of industrial development due to the absence of power.

He said with what Geometric has been able to do, “there is no reason that (Aba) cannot come up again and indeed surpass those that where before it” as an industrial city.

The former president said that he has been consistently monitoring

Nigeria, Brazil Plan Direct Flight to Cement Diplomatic Relations Chinedu Eze in Lagos and Kasim Sumaina in Abuja Nigeria and Brazil are poised to sign Bilateral Air Service Agreement (BASA) aimed at launching longawaited direct flights between the both countries.

Owing to this, the Minister of Aviation and Aerospace Development of Nigeria, Festus Keyamo, held bilateral talks with the Minister of Ports and Airports of the Federative Republic of Brazil, Silvio Costa Filho.

The meeting took place at the

Brazilian Ministry’s headquarters in Brasília and was marked by a shared commitment to finalise the stalled BASA process.

Both Ministers jointly announced the immediate formation of a technical working group.

According to a statement, the team would work to draft and harmonise the bilateral agreement in preparation for its official signing in the coming weeks.

Special Adviser on Media and Communications, to the Minister, Tunde Moshood, the initiative marks a strong effort to boost diplomatic

relations and enhance connectivity between Africa and South America.

During their engagement, the Ministers emphasised the cultural and historical links shared between Nigeria and Brazil. They also agreed on the need to establish a direct air corridor between the two regions to unlock untapped opportunities.

The development was viewed as a significant milestone and was expected to pave the way for direct Nigeria-Brazil flights, which would facilitate tourism, boost trade, and promote people-to-people exchanges.

what Nnaji has been doing with Geometric, adding that since the AIIP “is working well” in the Aba ring-fenced area.

He therefore pleaded that Geometric Power should extend its tentacles to cover the remaining eight Abia LGs without further delay so that the entire state would be enjoying reliable Power supply as presently obtainable in nine LGs. Obasanjo called for continuity in the implementation of national development policies, “otherwise what we are doing in national development of taking two steps forward and one step aside and then three steps back will not take the country anywhere.”

battle between those who want to continue with the late Pope Francis’ reforms and vision and those who want to make a course correction to a more traditional papacy, the CNN report added.

Two disparate camps of cardinals are coalescing under the banners of “unity,” those seeking a more predict-

able papacy, or “diversity,” those who want someone who will follow more closely in Francis’ footsteps.

The conclave is taking place against the backdrop of clerical sexual abuse scandals that have rocked the Catholic Church and which many inside the church believe need to be addressed by deep reforms.

Protesting Support Staff Disrupt Operations at Warri Refinery Sylvester Idowu in Warri

Hundreds of support workers of the Warri Refining and Petrochemical Company (WRPC) in Delta State have disrupted operations at the facility over alleged continued failure of the management to improve the remuneration and other associated welfare.

The protesters had since Monday, blocked the entrance of the facility, chanting solidarity songs with various placards on display.

The workers had warned about a fortnight ago that there would be a total shutdown of activities at the company, if the management failed to attend to their demands.

Protesting against what they described as “workplace slavery,” they bore placards with inscriptions such as “Our salary can no longer take us home,” WRPC paying our

cleaners salary of N34,500 is wicked and evil,” Give us good condition of service, we played major role in the Quick-Fix,” WRPC management are wicked,” Enough of promise and fail” among others.

Lead Representative of the Support Staff, Safe Ighomitedo, told reporters yesterday that they were protesting “work slavery” at the facility following failure of the management to heed to their appeals.

“We are here protesting workplace slavery. This struggle has been on since 2015. We have undergone series of protests, all to no avail.

At every point in time, we always have listening ears based on the promises of the management.

“Unfortunately, management will always come with one scheme or the other. All we are asking for is a condition of service.

Lagos APC Primaries Hold This Saturday Party endorses consensus for rancour-free exercise

Segun James

The All Progressives Congress (APC) has slated its primaries ahead of the local government elections for this Saturday in Lagos, just as leaders of the party have appealed to the aspirants to cooperate with the leadership for a seamless exercise by fielding consensus candidates for all positions.

These decisions were taken following party leaders’ meeting with stakeholders held at the party secretariat in Ogba yesterday.

The leaders, who believed there should be rancour-free primaries, noted that the party leadership would adopt consensus in choosing the 57 council chairmanship candidates for the primaries.

The APC electoral committee had last week cleared 432 chairmanship aspirants out of the 470 that submitted the nomination forms.

The committee disclosed that 38 aspirants were disqualified or voluntarily withdrew from the race ahead of July 12 council poll in the state.

The Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat, who represented the Governor, Mr Babajide Sanwo-Olu, said the party would adopt consensus for the primaries.

“Let’s do it the way we have been doing, it is going to be a consensus.

We will apportion things to one another,” Hamzat said.

The chairman of the Electoral committee, Babatunde Ogala, SAN,

said the committee has assembled formidable team to ensure hitch-free exercise.

While giving the guidelines for the election, Ogala said there would be indirect primaries.

According to him, the constitution recognises direct, indirect and consensus primaries, “but for this council primary, we are adopting indirect primaries, the electoral body who are the delegates have been constituted.”

For chairmanship, the designated venue is the party Secretariat in Ogba, where all the aspirants would converged. The aspirants are expected to come with only one agent.

The chairman warned that any aspirant, who comes with crowd for the primary might be disqualified.

38

thursday may 8, 2025 • T H i s d ay

NEWS

COURTESY VISIT…

The Oniru of Iruland, Oba Abdulwasiu Omogbolahan Lawal, Abisogun II(left) and Chief Executive Officer of Terra Kulture, Mrs. Bolanle Austen-Peters, during a visit by the monarch to the entertainment and cultural centre in Lagos…yesterday

FGCE Governing Councils Bemoan Neglect of Capacity Building, Stakeholders Laleye Dipo in Minna

The Governing Council Chairmen of Federal Colleges of Education have bemoaned government neglect for capacity building of education stakeholders, inadequate funding and poor infrastructures in the schools.

They have therefore attributed this to lack of operational

effectiveness, and inadequate Governing Councils of Federal learning resources which Colleges of Education in the hampers the delivery of the core country but asked for the mandates of the colleges, and sustenance of the policy. non-compliance with extant rules.

A communique at the end Rising from a two day workshop attended by no fewer than 120 participants, they however applauded the federal government’s appointment Linus Aleke in Abuja of qualified individuals to The Nigeria Police have apprehended two internationally wanted fugitives, Felix Omoregie, a suspected ring leader of a human trafficking syndicate wanted by food production in the country. Belgian authorities, and Okwudili Represented by Executive Ezeje, a key member of a DubaiDirector, Programme Development based armed robbery gang.

A statement by the Force and Coordinator, NNPC Foundation, Dr. Bala David, Arukwe said the foundation was dedicated to implementing impactful programmes that align Emma Okonji and Agnes Ekebuike with national priorities.

According to her, more than 500 farmers in Akwa Ibom A prominent member of the All Progressives Congress (APC) in were trained by the NNPC Ltd Delta State, Prince Collins Eselemo, Agricultural Training Initiative for has warned against the recent Vulnerable Farmers on modern defection of the Governor of methods and strategies to boost Delta State, Sheriff Oborevwori food production. and others to the party.

Eselemo who spoke yesterday

The Nigerian National Petroleum Corporation (NNPC) Foundation has restated its commitment to ensuring food security in the country.

Managing Director, NNPC Foundation, Mrs Emmanuella Arukwe, stated this yesterday during the training of vulnerable farmers in Akwa Ibom.

Arukwe said 6, 000 farmers across the country would be trained on modern farming methods and market access strategies to boost

to develop policies that could enhance effective leadership, improvements and sustainability in the institutions and also effectively

use government extant rules and regulations to promote good governance and industrial harmony in the colleges.

Transnational Organised Crime: Police Nab Two Human Traffickers

NNPC Foundation Restates Commitment to Food Security Okon Bassey in Uyo

of the workshop which was made available to journalists in Minna, Niger State, yesterday said the Governing Councils urged the government

Spokesperson, Olumuyiwa Adejobi, an Assistant Commissioner of Police, noted that Felix Omoregie, the alleged mastermind of a large-scale human trafficking operation, had been declared wanted by the Belgian authorities through an INTERPOL Red Notice issued on 19 December 2023, and was arrested in Benin, Edo State, following diligent intelligence and enforcement efforts by police

operatives.

Adejobi revealed that the suspected human trafficker is scheduled to be arraigned at the Federal High Court in Benin.

The Force Spokesperson revealed that Omoregie is accused of trafficking young Nigerian women, including minors, to Italy and subsequently dispersing them across Europe for the purpose of sexual

exploitation.

According to Adejobi, “Victims were subjected to voodoo-based oaths and psychological coercion, with fabricated debts ranging between €20,000 and €50,000 used to manipulate and control them. His criminal network involved handlers in Brussels and France who managed the victims’ activities and remitted proceeds to him.

Defection: Eselemo Urges APC to Reject PDP’s Liabilities in Delta during an interview on ARISE News Channel, the broadcast arm of THISDAY Newspaper, said the defection of prominent members of Peoples Democratic Party (PDP) in Delta State into the APC fold, should not be accepted without scrutiny and accountability.

Eselemo, a longstanding APC loyalist and veteran of Nigeria’s

pro-democracy struggles, described the influx of PDP members into the APC as a “transition from the fatigue of despair to the buoyancy of fragile democracy,” but warned that many of the new entrants carry heavy political baggage.

“They are coming to APC like an octopus. We cannot determine their political bearing,” he said, urging that those who

have previously undermined the APC must not be granted blanket acceptance.

Citing personal grievances, Eselemo accused Governor Oborevwori of targeting APC members during his tenure as a PDP leader. “Our lands were grabbed, compensation not paid, properties demolished,” he alleged.

her last Tuesday.

Two of the pregnant girls are his master’s daughter and sales girl, while the eight others were impregnated just two months after staying in the village, after his boss sent him packing.

According to Obinabo in a live video she shared on social media seeking advice, she said, “I want

advice from the public because this one is beyond my capacity.

“This boy was sent to learn trade at the age of 18 and three months of apprenticeship, he impregnated his Oga (master’s) daughter and his sales girl. He was sent packing. Two months after that, he impregnated eight others in the village.

“The mother reported the matter to my office, saying, anytime she sees a girl coming towards her house nowadays, her heart would jump, and that she needs help.

“This matter is beyond me, and that is the reason I want the public to help me come up with solution. Is it spiritual?

Oniru Visits Terra Kulture ahead of Coronation Anniversary 18-year-old Boy Impregnates 10 Girls in Anambra

The Oniru of Iruland, Oba Abdulwasiu Omogbolahan Lawal, Abisogun II, yesterday visited Terra Kulture in Lagos as part of activities lined up to celebrate the fifth anniversary of his coronation.

The visit is one of several institutional engagements scheduled in the lead-up to the anniversary, which holds on June 7, 2025.

According to a statement, Oba Lawal acknowledged the contributions of cultural, healthcare, financial and other key institutions

to the development of Iruland and Nigeria at large.

He said the visit was aimed at showing appreciation to stakeholders who have consistently supported the kingdom’s development agenda, known as the #LeGIT vision — an acronym for “Let’s Grow Iru Together.”

He said the LeGIT framework is anchored on eight pillars: tourism and culture, education and empowerment, healthcare, environment, security, welfare, infrastructure, and stakeholder engagement.

Retired DIG Ari Eyes Senate in 2027

Immediate past Deputy Inspector-General (DIG) of Police in charge of Operations, Mohammed Ali Ari(rtd), has indicated interest to contest for Senatorial position in 2027 election.

DIG Ari, who was Assistant Inspector-General of Police (AIG) in charge of Zone 2 Police Command, comprising Lagos and Ogun states, is contesting for the Nasarawa South Senatorial District, which covers five local government areas on the platform of the All Progressives Congress (APC).

Ari, in a statement, expressed confidence of defeating his opponents. “l don’t have any strong rival.

My people want me because they believe in me. They believe that l will represent their interest adequately at the Senate. I am very sure of winning the primary and the election proper,” he said.

While he was AIG in charge of Zone 2 Police Command, Ari’s exemplary performances were highly commended by Lagosians and Ogun State residents.

David-Chyddy Eleke in Awka

An 18-year-old randy boy has impregnated no fewer than 10 girls in Anambra State The state Commissioner for Women’s Affairs and Social Welfare, Ify Obinabo, disclosed this in a social media video, saying that the matter was brought before

Kwara Murder: Court Admits 16 Exhibits against Suspected Killer of Female Final Year Student Hammed Shittu in Ilorin

A Kwara State High Court in Ilorin yesterday admitted 16 exhibits against the alleged killer (Abraham Bello) of a final year student, Hafsat Lawal, in the state.

Hafsat Lawal was murdered in Ilorin in February this year when her boyfriend she met

on Facebook, Abraham Bello, murdered her during her visit to his rented apartment in Offa garage area of Ilorin.

Some of the 16 items admitted as exhibits include a cutlass, centre table stained with blood, axe, knife, keg containing human blood, a wooden box containing black soap, lady’s slippers, two earrings, one Tecno phone, one

SR iPhone, one itel A50 phone and another iPhone, a bag containing charms, including animal horns and one exercise book containing account of charm.

Also admitted as exhibits were two hands of the deceased, among other human parts said to have been recovered at a dumpsite, as well as the

deceased’s broken beads.

At the commencement of the hearing of the murder case yesterday, the two police witnesses also presented human parts, being items recovered in the house of the alleged killer of a final year student, Hafsat Lawal, in court before Justice Hannah Ajayi and father of the deceased.

Climate Change: Surge Wipes out Six Lagos Communities

James Sowole in Abeokuta

The General Manager(GM) of the Lagos State Environmental Protection Agency (LASEPA), Dr Babatunde Ajayi, has said that six communities had been wiped out on the shores of the coast of Lagos.

The situation, according to the GM, was caused by ocean surge resulting from climate change.

The LASEPA boss revealed the situation while speaking as a guest speaker on Climate Investment, which was a sub topic at the second annual symposium organised by the

Department of Finance, School of Management of Babcock University, Ilishan-Remo, Ogun State.

The symposium with the theme “Public-Private Partnerships in Climate Finance: The Role of Governments and Impact Investors,” was held within

the university’s campus, has the President of the Chatered Institute of Bankers of Nigeria (CIBN), Prof Deji Olanrewaju as Special Guest and the Unit Head Consumers Proposition, Access Bank Plc, Mrs Adaeze Ume and Dr Femi Ademola were other guest speakers at the event.

39

THISDAY • THURSDAY, MAY 8, 2025

THURSdaysports

Group Sports Editor: Duro Ikhazuagbe Email: duro.ikhazuagbe@thisdaylive.com

0811 181 3083 SMS ONLY

It’s PSG, Inter Milan Final as Arsenal Suffer Another Paris Heartbreak Arsenal’s bid to win the Champions League for the first time is over after they suffered a 2-1 second-leg defeat to Paris St Germain at the Parc des Princes.

Mikel Arteta’s players were already one goal down in the semi-final first leg, and, despite a strong start, they were two behind in the tie when

C H A M P I O N S L E AG U E

Fabian Ruiz struck for PSG after 27 minutes.

Vitinha missed a penalty – after Myles Lewis-Skelly was adjudged to have handled the ball following a contentious VAR review – before

Achraf Hakimi put the match out of sight in the 72nd minute.

But it is PSG, who have now beaten three Premier League sides in a row, with Arsenal following Liverpool and Aston Villa in succumbing to

the French champions, that will play Inter Milan in the final on May 31 after a 3-1 aggregate success.

Arsenal’s sole appearance in a Champions League final came here in Paris in 2006 where they suffered a late defeat to Barcelona, and the French capital was the scene of yet more heartbreak for the north Londoners.

Olawale Ajimotokan in Abuja

RESULTS

Nigeria reached the quarter finals of the ongoing CAF U20 Championship in Egypt yesterday despite having to force Kenya’s Rising Stars to a 2-2 draw in the last match of Group B. In the event, the Flying Eagles finished second on the table with five points, two behind group leaders Morocco who drilled Tunisia 3-1 in the other match of the pool and will remain in Cairo for the quarter finals, against the second-placed team in Group A. Group A is made up of hosts Egypt, South Africa, Sierra Leone, Zambia and Tanzania.

Seven-time champions Nigeria will now have to make the trip to Ismailia for their quarter-final game on Monday, against the second-placed team in Group C. Group C is made up of titleholders Senegal, bitter-rivals Ghana, Central African Republic and the Democratic Republic of Congo.

Kenya’s Rising Stars made the game difficult for the Flying Eagles, as the wards of Aliyu Zubairu had to come from behind twice

UCL PSG 2-1 Arsenal (PSG 3-1 agg.)

U20 AFCON Nigeria 2-2 Kenya (F’Eagles for Q’finals) Tunisia 1-3 Morocco (Morocco for Q’finals)

Europa League Man Utd v Bilbao Bodo/Glimt v Tottenham Europa Conference Chelsea v Djurgarden Fiorentina v Betis

Bukayo Saka in deep shock after missing a sitter during yesterday’s UEFA Champions League semi final second leg clash at Parc de Princes.

Edo Receives National Sports Festival Torch Adibe Emenyonu in Benin City The Edo State Government yesterday received the Torch of Unity for the 22nd National Sports Festival, an event slated to take place in Ogun from May 16th to 30th, 2025.

Governor Monday Okpebholo who was represented by his deputy, Mr. Dennis Idahosa, received the torch from the team leader of the National Sports Commission delegation, Mbora Ikana, at the Samuel Ogbemudia

Stadium, Benin City.

In a statement signed by the Chief Press Secretary to the deputy governor, Friday Aghedo, stated that while receiving the torch, Idahosa commended President Bola Ahmed Tinubu, for transforming the country’s sports sector, uniting the people, and rekindling hopes amongst the Nigerian youths.

Idahosa further expressed optimism on the outcome of the National Sports Festival, noting that

with the magnitude of investment and commitment by the Senator Monday Okpebholo-led administration in revamping the sports sector of Edo State, he was sure that the Edo team would make Edo people proud.

“I want to thank the President, His Excellency, President Ahmed Bola Tinubu, GCFR, for using sports to bring all the youths of Edo State and across the country together.

“For us in Edo, we are ready to support the Edo State Sports

Commission to win medals and we are very sure that they are going to come home top position,” Idahosa enthused.

In his address, the Chairman of the Edo State Sports Commission, Desmond Amadin, commended the laudable impact of Governor Okpebholo in equipping and transforming the sports sector of the state.

The NSC team was led to Benin City by Mrs Mbora Ikana.

MTN CHAMPS: Ezeakor, Peter, Others Impress with PBs over Sprint

Chidera Ezeakor who won the 100m event at MTN CHAMPS Benin and finished 2nd to Favour Ashe at the Lagos leg, raced to the overall fastest time of 10.35s, a new Personal Best (PB), in the Senior men’s preliminaries, ahead of Glory Olokpa (10.44s) and Lucky Daje (10.47s) on the Day 2 of the MTN CHAMPS Grand Final inside the Godswill Akpabio Stadium in Uyo. There were numerous athletes with Persona Best (PBS) this second day of the grand finale.

In the women’s race, Kate Odumoso bettered her PB from MTN CHAMPS Benin by fivehundredths of a second to emerge as the fastest overall qualifier in the prelims in 11.55s, over Cynthia Chioma who also smashed her PB from 11.65s to 11.56s, and Sophia Efetobore (11.65s).

The Junior men’s category witnessed Williams Stephen stop the timer in a PB of 10.77s to outpace all competitors in the qualification round. Team MTN’s Alvin Onyeama

Flying Eagles Land in Q’finals after 2-2 Draw with Kenya

won his heat in an easy 10.89s while Olerirume Righteous rounded up the top three finishers.

It was a spree of PBs in the Junior women’s 100m class as Team MVP’s Ejiro Peter blasted to a new lifetime best of 11.89s, improving from her previous PB of 12.17 to lead all the heats. Not far behind was her teammate Ufuoma Merit who registered a PB of 11.90s to win her heat ahead of Perezide Sigah who also ran a PB of 11.94s.

Emmanuel Salubi was the winner of the men’s 400m hurdles. Nsikak Okon Francis took 2nd while Moses Eze 3rd. Possible Daniel won the junior category, placing above Endurance Favour and Goodluck Kabowei.

More than 2,000 athletes from 136 secondary schools and 93 junior and senior teams are vying for honours at the MTN CHAMPS Grand Final, which enters its third day on Thursday, May 8, and wraps up on May 9, when six team trophies will be awarded.

U20 AFCON to salvage the encounter.

Kevin Wangaya put the Rising Stars ahead after only five minutes, scoring from the penalty spot after a Nigerian defender stopped the ball with his hand in the box.

Nigeria restored parity seven minutes later, after Kparobo Arierhi waltzed his way through the defence to place the ball firmly beyond the reach of the opposition goal-tender.

The East Africans were back in front in the 68th minute, as the Flying Eagles’ rearguard ballwatched a freekick from the left and allowed William to blast the ball past goalkeeper Ebenezer Harcourt from Lawrence’s in-swinger.

Five minutes later, Nigeria were level again, with captain Daniel Bameyi sending the goalkeeper the wrong way from the spot after substitute Mendos Rickson was upended in the box.

The Flying Eagles’ match on Monday will be the first quarterfinal, starting at 3pm Egypt time (1pm Nigeria time) in Ismailia.

Spurs Coach Hits Back at Wenger Over Europa League Winner in Champions League Ange Postecoglou has said that “Spurs does crazy things to people” in response to Arsene Wenger’s suggestion that the winners of the Europa League should not qualify for the Champions League.

Former Arsenal manager Wenger, now FIFA’s chief of global football development, has questioned why the winners of the Europa League qualify for next year’s Champions League.

Postecoglou’s Tottenham have a 3-1 lead going into Thursday’s Europa League semi-final second leg at Bodo/Glimt’s Aspmyra Stadion.

But they are 16th in the Premier League table, while Manchester United - who have a 3-0 lead over Athletic Club in the other last-four tie - are a point ahead in 15th. The winners will face each other in Bilbao on 21 May. The pair will not qualify for

Europe through the league but Postecoglou does not understand Wenger’s argument.

“It’s a debate that’s been raging for years, at least the last eight days…I’ve never heard it before,” said the Australian in Norway.

“Spurs does crazy things to people.

“You put that club into any sentence or any issue and invariably they all come out and try to diminish it as much as they can.

“It’s Spurs mate, they love it.

“It’s competition rules. Why wasn’t it an issue before and is it an issue now? What’s the difference? Last year fifth (in the Premier League) didn’t get you into the Champions League, this year it does. What does that mean?”

UEFA amended its rules in 2014 to allow the Europa League winners to qualify for the following season’s Champions League tournament, but Wenger disagreed with the policy.

Guinness Brings Premier League Trophy to Nigeria

Ejiro Peters leading the pack in the girls’ 100m event of the MTN CHAMPS grand finale in Uyo...yesterday

As part of its commitment to provide its consumers and Nigerian football fans with unmatched experiences and memories, Guinness™ Nigeria, in partnership with the Premier League™, yesterday announced that it is bringing the prestigious English Premier League trophy to Nigeria.

This visit will see the trophy visit Enugu on May 16th and Lagos on May 17th & 18th; providing football fans the opportunity to interact up close and personal, with the ultimate prize of the best football league in the world.

The three-day, two-city tour will provide football fans around

the world with a chance to be in proximity of the iconic Premier League™ Trophy and the heroes of the game.

Both iconic cities- will also host Guinness™ MatchDay events; an elevated football viewing experience featuring multiple viewing screens to ensure fans don’t miss a moment, a replay and highlight corners with noise cancellation headsets. Also, an iconic 360-degree Guinness™ bar will be serving an array of Guinness™ inspired cocktails, on-site customization of football jerseys, and other wonderful experiences that puts fans at the center of the football action.

T H I S D AY • THURSDAY, MAY 8, 2025

Price: N400

back page lead photograph

Performance Delivery on their minds...

Special Adviser to the President on Policy and Coordination and Head, CRDCU, Hadiza Bala Usman, with the Principal Private Secretary to the Governor of Jigawa State and Head of the newly established Jigawa State Performance Delivery Coordinating Unit (PDCU), Adamu G. Muhammad, during PDCU’s “learning” visit to the CRDCU in Abuja ... yesterday

olusegunadeniyi Ogban, INEC and Election Riggers I the verdict olusegun.adeniyi@thisdaylive.com

n a landmark judgement that could deal with those who lend themselves to electoral malpractices in Nigeria, the Court of Appeal in Calabar last week upheld the conviction of Peter Ogban. The professor of soil science at the University of Calabar was the returning officer in the 2019 Akwa Ibom North West senatorial election, which he attempted to rig in favour of the man who is now our Senate President: Godswill Akpabio. But we must first commend the Independent National Electoral Commission (INEC) for the quiet way it has been prosecuting otherwise respected academics who were hired on an ad hoc basis for elections which they ended up compromising. Three months ago, Ignatius Uduk, another professor of Human Kinetics at the University of Uyo, was also successfully prosecuted

by INEC for his misconduct during the Essien Udim state constituency election where he served as the returning officer in 2019.

Now to the Ogban matter. Akpabio, we all recall, was governor of Akwa Ibom State between 2007 and 2015 on the platform of the then ruling (but now main opposition) Peoples Democratic Party (PDP). After his gubernatorial tenure ended in 2015, he contested for Senate on the platform of the same PDP and won. At the Senate, Akpabio became the Minority Leader. Two years later, he ditched the party for the ruling All Progressives Congress (APC) on which ticket he contested the 2019 senatorial election against 10 other candidates, including Christopher Ekpenyong, a former Akwa Ibom State deputy governor, who ran on the PDP platform. At the end, Ekpenyong won with 118,215 votes while Akpabio polled 83,158 votes.

However, before that declaration at the INEC state office in Uyo by Ogban, there had been some unsavoury developments at the Ikot Ekpene senatorial collation centre that led to the intervention of the then Resident Electoral Commissioner (REC) in the state, Mr Mike Igini. The details are in the 25th March 2021 judgement of Justice Augustine D. Odokwo of the Akwa Ibom State High Court, Ikot Ekpene Division—the same judgement affirmed by the Court of Appeal in Calabar last week. In 32 pages and 13788 words, Justice Odokwo laid bare the failed attempt by Ogban to thwart the will of the Akwa Ibom North West senatorial electorate.

With the INEC as complainant, Ogban was arraigned on 15th December 2020 on a two-count charge of fraudulent manipulation of polling results and announcement of fake election results, both punishable under section 123 of the Electoral Act, 2010 (as amended). The summary of the case is that in the process of collating results on 24th February 2019, during which the collation/ returning officer for each local government would publicly announce and then tender original copy, Ogban (as Senatorial Collation/Returning Officer) deliberately wrote results that were different from what were announced and at variance with the documents submitted to him for Etim Ekpo and Oruk Anam local government areas.

During the trial, the INEC principal witnesses who served as returning officers/collation officers in the two contentious local government areas

Akpabio... Senate President are both lecturers at the University of Uyo: Dr. John Udoidem, who is currently the Head of the Department of Banking and Finance, and Dr. Itemobong Ekaidem, a lecturer in the Department of Chemical Pathology. In his testimony, Udoidem said he was announcing the scores in the EC8C (1) form to Ogban in a loud voice, digit after digit in the presence of so many people, including agents of all parties. “In my Form – Exhibit 2, APC had a total vote of 10,534 while PDP had 25,123. The difference noted is that in Exhibit 3, the accused person recorded for APC – 15,534, an increase of 5,000. For PDP, the accused person recorded 20,123. The figure there was reduced by 5,000,” Udoidem said.

Although Ogban claimed to have recorded the figures he heard as against what was in the documents submitted to him, Justice Odokwo found his defence unbelievable: “…matching the figures of votes recorded by the APC in exhibit 2 which is 10,534 with the figure 15,534 as per exhibit 3, I will not require the aid of any magnifying glasses to see and come to the irresistible conclusion that the votes for APC was inflated with 5000 votes as against what was originally recorded in exhibit 2 by the Local Government Collation Officer, Dr. John Udoidem, the PW1.”

Another INEC witness, Ekaidem, had a similar problem with Ogban. What he called out as results for Etim Ekpo local government area were, ‘APC – 2,671, PDP – 6,603’ but the professor, who argued on the point that vowel/pronunciation could be misunderstood, recorded 5,671 for the APC and 3,306 for the PDP. “I read out the scores to the public and also to the Ikot Ekpene Senatorial Collation Officer (and) at the end of it, I submitted the copy I was reading to the accused person,” Ekaidem said while testifying against Ogban.

In his judgement, which has been affirmed by the appeal court, Justice Odokwo asked a pertinent question: “Can a reasonable man confronted with the kind of response given by the accused person

that he did not compare the figures before filling exhibit 3 say the accused person as a professor acted diligently?” The judge answered his own question: “I would certainly not think so… this court cannot accept the evidence of the accused person as that of a credible witness given his position as a professor in the academic field.” And then this: “How can the accused be comfortable relying on what he heard rather than what is in a document, especially as it touches and concern figures?”

The subtext of the story is that Igini, as then REC in Akwa Ibom State, played a central role in eventually holding the erring INEC ad hoc staff accountable. However, even though he would have been the beneficiary had Ogban succeeded with his manipulation, Akpabio has consistently disowned the professor who pleaded for mercy when convicted in 2021. “This is an eye-opener for anyone who participated in local, state or national activities to do so with dexterity and not take anything for granted,” Ogban had told Justice Odokwo four years ago following his conviction. “I plead that you grant me 100 per cent mercy and allow me to go and continue with my responsibilities. If I lose my source of income, it means all the dependants I have mentioned will suffer, especially the condition of my aged mother.”

Meanwhile, it is true that Akpabio challenged the declaration of Ekpenyong as winner of the election, and a rerun was ordered in one local government by the Court of Appeal in Calabar. But let’s examine the facts. On that fateful election night on 24th February 2019, Ekpenyong was leading comfortably after results of nine local governments had been declared. The only outstanding result was from one local government: Essien Udim local government area where Akpabio hails from. When that result eventually arrived, Akpabio had 61,399 votes—enough to give him overall victory. That is ‘Rigging 101’ in the manual of how-to-game elections in Nigeria!

That night in Ikot Ekpene collation centre, it was the intervention of Igini that prevented what could have been a violent crisis. He ordered a suspension of the process and directed all the electoral officers to Uyo, the state capital. After cancelling results from several wards in Essien Udim local government that were considered not genuine, INEC called the election in favour of Ekpenyong. As returning officer for the senatorial district, it was Ogban who was saddled with the responsibility of announcing the result. But by then, the professor was already battling for his reputation over Etim Ekpo and Oruk Anam local governments results.

Akpabio, of course, mounted a fierce legal challenge against INEC, alleging manipulation of the results for which he accused Igini. He failed in his bid. Both the tribunal and appellate court upheld INEC’s claim that only 19,455 voters were accredited in Essien Udim local government. And with that, the 61,399 votes recorded in favour of Akpabio which the commission rejected were considered as lacking credibility. However, on grounds of non-compliance with the Electoral Act 2010 (as amended), Justice Tanko Husseini ordered a rerun

in Akpabio’s local government of Essien Udim before a winner could be announced. When the rerun election eventually held in January 2020 and the final figures were tallied, Ekpenyong won with 134,717 votes to 83,820 votes by Akpabio.

Following the appeal court judgement in November 2019, INEC Public Affairs Officer in Akwa Ibom State, Don Etukudo, said the commission had been vindicated in its position that the Essien Udim election was characterised by “massive rigging and manipulations that culminated in the dubious award of 61,329 votes to Senator Akpabio alone in the LGA.” Etukudo argued that what INEC thwarted was the plot to use a fraudulent result from one local government to neutralise results from nine other LGAs in the senatorial district.

“Thugs had gone on the rampage in most parts of the LGA as soon as the polls were open,” Etokudo recounted. “They snatched and stuffed ballot boxes, foreclosed the use of Smart Card Readers, brutalised INEC ad hoc personnel and prevented voters from exercising their franchise.”

With the conviction of Professor Ogban, there are important lessons for all stakeholders in the electoral process. I have observed elections in numerous countries, including within the continent, and I never witness the kind of desperation I see in Nigeria where almost every actor is attempting to game the exercise. The challenge is now on how we can resolve a problem that is both systemic and pervasive. Why should our elections be conducted almost like war? Closure of borders, shutdown of businesses and offices, restrictions of movement, deployment of a disproportionate number of police and security personnel as well as military troops etc.

There are so many issues we need to deal with, including how long and difficult it is to prosecute electoral offenders. This case started six years ago and may still reach the Supreme Court. In the immediate, to restore integrity to the ballot box, we must ensure that there are consequences for bad behaviour. The watchword here is accountability.

The moment electoral officers know that ‘lending a helping hand’ to politicians can land them in jail, they will think twice before getting involved in such malpractices.

Koyinsola @ 50

M

s Koyinsola Olukoya, a director with Kapital Communications, will be 50 on Saturday.

Perhaps so that we would not eat Jollof rice, she decided to ‘Japa’ out of Abuja. Koyinsola has been the biggest supporter of my wife’s Not Forgotten Initiative (NFI) School which provides free education for more than a hundred underserved children in Abuja. She pays the tuition fees for the NFI extension students in secondary schools and also visits them. I wish ‘Momo Mayowa’ happy birthday, long life and good health.

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