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  • NLC Insists On Strike Ultimatum As FG Urges Wage Restraint

    NLC Insists On Strike Ultimatum As FG Urges Wage Restraint

    Precious Nwonu, Enugu

    The Nigeria Labour Congress has maintained its two-week ultimatum to the Federal Government over rising petrol prices and fresh minimum wage negotiations, warning that Nigerian workers continue to struggle with the rising cost of living despite the implementation of the N70,000 national minimum wage.

    NLC President, Joe Ajaero, stated this on Monday in Abuja, where he called on the government to take urgent steps to improve workers’ welfare and prevent a further deterioration in industrial relations.

    Ajaero, who spoke amid growing tensions between organised labour and the government, argued that workers’ earnings had lost significant purchasing power due to inflation and rising transportation costs.

    He insisted that the government should address the hardship facing workers before labour unions are forced to resort to strikes or protests.

    The labour leader clarified that his ultimatum remained in force, noting that both parties had exchanged correspondence but had yet to resolve the issues.

    He said the meeting was not the appropriate forum to negotiate the ultimatum, but urged government officials to recognise the difficulties facing Nigerian workers.

    Ajaero said workers were struggling to afford basic necessities, including food and transportation, despite the existing minimum wage agreement.

    “The point we are making is not strike. The point we are making is that whether you enter bus or you buy fuel, you will not be able to eat,” he said.

    He argued that governments should introduce relief measures before economic hardship escalates into industrial disputes, rather than wait for workers to mobilise for action.

    According to him, proactive interventions and meaningful engagement with labour unions would help ease the burden on workers and reduce the likelihood of strikes.

    The NLC president also faulted the implementation of the 2024 minimum wage agreement, disputing claims that the adjustment resulted in salary increases of about 133 per cent for federal public servants.

    Ajaero said the government had added N40,000 to workers’ salaries, arguing that the adjustment did not amount to the percentage increase being attributed to the wage negotiations.

    He maintained that the measure had failed to provide adequate relief as inflation and transportation expenses continued to erode workers’ incomes.

    The labour leader also raised concerns over unresolved industrial disputes, citing an 84-day strike by health sector workers that was suspended following the intervention of organised labour.

    He said the issues that prompted the strike remained inadequately addressed more than a year after the intervention.

    Ajaero further disclosed that members of the National Public Service Negotiating Council had considered embarking on industrial action but were persuaded by labour leaders to suspend the plan.

    He rejected suggestions that politicians were influencing the activities of organised labour, insisting that the union’s demands were driven by workers’ welfare concerns.

    Ajaero urged government officials and the National Salaries, Incomes and Wages Commission to take the concerns seriously and work towards a lasting resolution.

    Meanwhile, the Secretary to the Government of the Federation, George Akume, has called for a balance between workers’ demands for better remuneration and the government’s financial capacity.

    Akume, represented by the Permanent Secretary, General Services Office in the Office of the Secretary to the Government of the Federation, Dr Abubakar Kana, made the appeal at a retreat organised by the National Salaries, Incomes and Wages Commission.

    He said wage policies must reflect economic realities while addressing workers’ legitimate expectations and promoting industrial harmony.

    “The commission must continually balance the legitimate expectations of workers with the fiscal realities of government and broader imperatives of national economic development,” he said.

    Akume noted that economic reforms, increasing public expectations and preparations for the 2027 general elections had made the need for a fair and sustainable wage system more urgent.

    He urged the commission to strengthen its capacity to anticipate emerging wage challenges and develop recommendations based on reliable economic data and consultations with labour unions, employers and other stakeholders.

    The SGF identified improved policy coordination, digital transformation and effective implementation of institutional reforms as key priorities for the commission.

    He also warned against avoidable industrial disputes, stressing that dialogue and cooperation were essential to maintaining economic stability.

    Earlier, the Chairman and Chief Executive Officer of the National Salaries, Incomes and Wages Commission, Junaidu Bindawa, said prevailing economic conditions required a more strategic approach to wage administration.

    Bindawa noted that inflation, changing workers’ expectations and the need to improve public sector productivity had increased the importance of sustainable salary policies.

    He explained that wage administration had direct implications for workers’ welfare, public expenditure, productivity and industrial relations.

    According to him, the commission’s retreat, themed *Vision, Strategy and Institutional Renewal*, was designed to strengthen its capacity to address emerging challenges in salaries and compensation.

    Bindawa called for improved research, job evaluation, compensation management, public finance administration and institutional accountability, adding that the retreat should produce a practical roadmap with measurable outcomes.

    In her remarks, the Secretary of the commission, Olajumoke Okoya-Thomas, urged the government to move away from reactive wage reviews towards a permanent system supported by reliable data.

    She recalled that earlier wage reviews were conducted through temporary commissions, including the Morgan Commission of 1964, the Adebo Commission of 1971 and the Udoji Commission of 1974.

    Okoya-Thomas said the establishment of the commission in 1993 created a permanent institutional framework for advising the government on salaries, allowances and national incomes policy.

    She acknowledged that the 2024 minimum wage more than doubled the previous statutory minimum but stressed that future wage decisions must remain fair, evidence-based and financially sustainable.

    The commission’s secretary said the retreat would focus on data reliability, fair remuneration, social dialogue, institutional capacity and governance.

    She added that the commission planned to develop an action plan aligned with the Federal Government’s Renewed Hope Agenda, Nigeria Agenda 2050 and the Medium-Term National Development Plan for 2027 to 2030.

    Also speaking, the Head of the Civil Service of the Federation, Abel Enitan, emphasised the importance of improved workers’ welfare, institutional efficiency and the modernisation of government operations.

    Enitan said salary administration was a matter of national importance, adding that a productive and well-equipped workforce was necessary to achieve the government’s development objectives.

    He said the government was prioritising capacity development and the digitisation of civil service operations, with the aim of establishing a fully paperless working environment.

    The Head of Service also linked civil service reforms to President Bola Tinubu’s target of building a $1tn economy by 2030, saying the ambition would require a workforce committed to productivity, integrity and effective service delivery.

    The ongoing disagreement between the NLC and the Federal Government highlights the challenge of reconciling workers’ demands for improved purchasing power with fiscal constraints as both sides face pressure to prevent further industrial unrest.

  • Otti Signs Four Laws To Reform Abia Criminal Justice System

    Otti Signs Four Laws To Reform Abia Criminal Justice System

    Precious Nwonu, Enugu

    Abia State Governor, Alex Otti, has signed four bills into law, including three aimed at reforming the state’s criminal justice system and another to amend the law governing Abia State University.

    The laws, signed at the Government House in Umuahia on Monday, are the Abia State University Amendment Law No. 4 of 2026, Administration of Criminal Justice Law No. 6 of 2026, Criminal Law No. 7 of 2026 and Restorative Justice Law No. 8 of 2026.

    Speaking at the signing ceremony, Otti commended the state House of Assembly, the judiciary and government officials for their contributions to the development and passage of the legislation.

    The governor said he had carefully reviewed the bills before approving them, expressing confidence that the new laws would strengthen governance and improve the administration of justice in the state.

    He noted that some government policies were difficult to enforce because existing laws did not provide sufficient authority for appropriate sanctions and consequence management.

    Otti, however, assured residents that his administration was committed to ensuring compliance with the new legislation, stressing that laws would only achieve their intended purpose when properly enforced.

    The governor also disclosed that the relocation of the Faculties of Law and Agriculture of Abia State University from Umuahia to the institution’s main campus in Uturu had commenced.

    He explained that the move was intended to improve access to shared facilities and take advantage of ongoing investments at the university’s main campus. The institution’s teaching hospital in Aba, he added, would remain in the city.

    Earlier, the Speaker of the state House of Assembly, Emmanuel Emeruwa, presented the four bills to the governor for assent and acknowledged the contributions of stakeholders involved in their passage.

    The Attorney General and Commissioner for Justice, Ikechukwu Uwanna, said the three criminal justice laws were designed to address criminal offences, improve the handling of criminal cases and establish mechanisms for repairing harm suffered by victims.

    Uwanna said the reforms responded to concerns about cult-related violence, kidnapping, destruction of public infrastructure, sexual violence and delays in criminal proceedings.

    He explained that the new Criminal Law strengthened provisions against cultism by addressing membership, sponsorship and management of unlawful societies. It also prescribed sanctions for the destruction of public facilities, including electricity transformers, boreholes and streetlights.

    According to the attorney general, the legislation also strengthened protections against rape, sexual assault, sexual harassment and other forms of violence. It recognises male and female rape victims, provides for a sex offenders register and addresses kidnapping, child exploitation and offences involving electronic records and digital assets.

    The Administration of Criminal Justice Law establishes procedures governing arrest, bail, remand, trial and sentencing. It also prohibits the arrest of individuals on behalf of other persons and the use of arrest as a means of resolving civil disputes.

    Uwanna said the Restorative Justice Law introduced a framework through which victims and offenders could voluntarily address the consequences of crimes and agree on reparation under appropriate supervision.

    He noted that the framework excluded serious offences such as capital crimes, kidnapping, terrorism, corruption and financial crimes.

    The attorney general stressed that participation in restorative justice must be voluntary, warning that victims must not be pressured into accepting agreements.

    He commended the Chief Judge of Abia State, Justice Lilian Abai, the state House of Assembly, the review committee, the Nigerian Bar Association, law enforcement agencies, International IDEA and the Rule of Law and Anti-Corruption (RoLAC II) programme for supporting the reforms.

    Uwanna added that International IDEA and RoLAC II had supported a retreat for lawmakers and pledged assistance towards translating the new laws into Igbo.

    He said the state government would now focus on implementing the legislation, distributing copies, translating the laws and training relevant stakeholders to ensure effective enforcement.

  • Tinubu Becomes First Nigerian President To Receive Proposed UN Budget In 66 Years

    Tinubu Becomes First Nigerian President To Receive Proposed UN Budget In 66 Years

    Precious Nwonu, Enugu

    President Bola Tinubu has received the proposed 2027 United Nations budget, with Nigeria’s Permanent Representative to the global body, Jimoh Ibrahim, describing the presentation as a historic milestone for the country.

    Ibrahim, who chairs the UN General Assembly’s Fifth Committee responsible for administrative and budgetary matters, presented the seven-volume document to Tinubu at the State House in Abuja.

    Speaking to journalists after the presentation, Ibrahim said it was the first time in 66 years that a Nigerian president had received the proposed UN budget through the process.

    He explained that the document, submitted by the UN Secretary-General to the Fifth Committee, was presented to Nigeria because the country is a member of the international organisation.

    According to him, his responsibility as committee chairman made it necessary to bring the proposed budget to the country’s leadership.

    Ibrahim described the development as significant, noting that receiving the full proposed budget was an important moment in Nigeria’s engagement with the United Nations.

    The diplomat said the proposed budget covered the UN’s regular operations and peacekeeping activities, with approximately $3.4bn earmarked for the regular budget and $8.5bn for peacekeeping operations.

    Although Ibrahim put the overall figure at about $14bn, the two amounts he cited total $11.9bn.

    He clarified that the document had not received final approval and would undergo further deliberations, during which member states could propose adjustments to the figures.

    “The budget still has to be approved. This is a proposed budget. It’s at the proposed stage,” he said, adding that spending would commence after the final budget had been approved.

    When asked about potential benefits for Nigeria, Ibrahim declined to provide specific details, explaining that discussions on the proposed budget were still ongoing.

    He, however, pointed to the construction of a $267m United Nations conference centre in Kenya as an example of the organisation’s investment in facilities within member states.

    The proposed 2027 budget will now undergo further scrutiny and possible revisions before UN member states approve the final spending plan.

  • Obi Urges UK-Based Nigerians To Reject Money Requests From Relatives At Home

    Obi Urges UK-Based Nigerians To Reject Money Requests From Relatives At Home

    Precious Nwonu, Enugu

    The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has urged Nigerians living in the United Kingdom to stop giving money to relatives who seek financial assistance in Nigeria, advising them instead to encourage their families to vote for competent leaders.

    Obi made the call during a town hall meeting with diaspora supporters in Manchester, UK, on Sunday.

    He argued that Nigeria’s economic challenges were largely caused by poor leadership, adding that sending money home to support struggling relatives only eased the immediate effects of bad governance without addressing the underlying problems.

    The former Anambra State governor urged Nigerians in the diaspora to encourage their relatives to demand accountability from political leaders rather than rely solely on financial assistance from abroad.

    He said citizens must make responsible electoral choices if the country is to overcome its current difficulties.

    Obi also defended his record in public office, claiming that his administration in Anambra State prioritised saving public funds.

    “I’m not saying I’m a saint, but I saved money. I’ve not seen one governor who has saved 10 per cent of what I saved. No governor has done it,” he said.

    He added that Nigerians should begin the process of political change by supporting leaders with a reputation for accountability and prudent management of public resources.

    According to him, the country’s transformation would require collective action, with citizens taking an active role in demanding better governance and addressing national challenges.

    Obi further urged Nigerians to take the 2027 general election seriously, describing it as a crucial opportunity to determine the country’s future direction.

  • Atiku Faults Tinubu Over Police Pensions, Demands Action on Exit Bill

    Atiku Faults Tinubu Over Police Pensions, Demands Action on Exit Bill

    Precious Nwonu, Enugu

    African Democratic Congress presidential candidate, Atiku Abubakar, has criticised President Bola Tinubu over the welfare of retired police officers, urging the Federal Government to act on the proposed Police Exit Bill and review the salaries of serving personnel.

    Atiku alleged that retired officers were battling poverty, hunger and inadequate access to healthcare, while some serving policemen were withdrawing part of their pension savings to meet their families’ basic needs.

    The former Vice President made the demands in a statement issued by the Director of Strategic Communication of the ADC Presidential Campaign Council, Phrank Shaibu.

    He challenged Tinubu and the National Assembly to explain the status of the Police Exit Bill, which he said was transmitted for presidential assent in March.

    The proposed legislation seeks to exempt police personnel from the Contributory Pension Scheme and establish a Nigeria Police Force Pension Board to manage their retirement benefits.

    Atiku also called for a salary review for serving police officers following the recent pay increase approved for members of the Armed Forces.

    He argued that officers who risk their lives to protect Nigerians should receive adequate remuneration during service and dependable financial support after retirement.

    “Retired police officers stood at the gates of the National Assembly with their wives and children. Some of those children carried placards pleading for a law that could help their parents survive,” he said.

    Atiku cited the case of a retired Assistant Superintendent of Police who, according to him, received a monthly pension of N29,000.

    He also claimed that more than 120 members of the retired officer’s association had died within three years.

    The ADC candidate urged Tinubu to engage directly with retired officers to understand their living conditions.

    “Bola, sit with these officers. Look them in the eye. Tell them how you expect them to live,” he said.

    Atiku further recounted the experience of a retired Assistant Commissioner of Police whom he said had resorted to seeking work to survive.

    According to him, one of his media managers later found the retired officer begging at the Central Mosque in Abuja, prompting an intervention.

    He also described an incident in Bauchi in which a retired Assistant Superintendent of Police reportedly encountered a former colleague gathering firewood for sale to obtain money for food.

    Atiku said such experiences reflected the difficulties faced by former officers who had spent years serving the country.

    He maintained that serving personnel were also under financial pressure as rising food, transportation and healthcare costs continued to erode their earnings.

    “I know serving police officers who have withdrawn 25% of their meagre pension savings to feed their children,” he said.

    The former Vice President argued that the situation could undermine the welfare of officers who were expected to confront armed criminals while worrying about their families’ basic needs and their own retirement.

    On the proposed legislation, Atiku cited Section 58 of the 1999 Constitution, as amended, arguing that the President had 30 days to assent to a bill or withhold assent.

    He called on the National Assembly to publish the bill’s formal status, explain any delay and clarify the constitutional options available.

    “The National Assembly must publish the bill’s formal status, demand an explanation for the delay and determine the constitutional steps now available,” he said.

    Atiku also urged lawmakers to conduct any required vote openly, insisting that legislators should be accountable for their decisions on the welfare of retired police officers.

    The ADC candidate pledged that, if elected president, his administration would introduce a Police Dignity Guarantee Plan to address pension arrears, gratuities, healthcare and remuneration.

    He promised to audit verified outstanding pension and gratuity claims, publish payment schedules and establish a minimum pension level that would be reviewed in line with changes in the cost of living.

    Atiku also proposed insured healthcare for serving and retired officers, treatment for personnel injured while on duty and timely support for families of officers killed in service.

    He said retirees who were too ill to travel would be able to complete verification exercises from their homes.

    The presidential hopeful further pledged to review police salaries and provide serving officers with clear records of their pension contributions and entitlements before retirement.

    He said his proposed plan would be backed by budgetary provisions and regular public disclosures on payments made.

    The allegations and proposals were contained in a statement from Atiku’s campaign council. The statement did not include a response from the Presidency or the National Assembly regarding the status of the bill.

  • SERAP Sues INEC Over Alleged N126.46bn Electoral Fund Irregularities

    SERAP Sues INEC Over Alleged N126.46bn Electoral Fund Irregularities

    Precious Nwonu, Enugu

    The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Independent National Electoral Commission at the Federal High Court in Abuja, seeking details of the expenditure of more than N126.46bn allocated for electoral operations.

    The organisation is asking the court to compel INEC to disclose how the funds were released, spent and disbursed, including the identities of contractors, suppliers and beneficiaries, as well as the beneficial owners of the companies involved.

    The suit, marked FHC/ABJ/CS/2507/2026, followed allegations contained in the 2023 audited report of the Auditor-General of the Federation, published on August 7, 2026.

    According to SERAP, the report identified several transactions involving alleged breaches of procurement rules and insufficient evidence that goods and services paid for had been delivered.

    The case was filed by SERAP’s lawyers, Kolawole Oluwadare, Kehinde Oyewumi and Andrew Nwankwo.

    The organisation said the allegations raised serious questions about the management of public funds by an institution constitutionally responsible for conducting elections.

    “Electoral resources are public resources. INEC must be able to account for every naira, demonstrate that it was lawfully spent and show that it served the purposes for which it was appropriated,” SERAP stated.

    One of the major transactions highlighted in the suit involved N112.16bn allegedly paid for ballot boxes, electoral devices and other election materials without competitive bidding or a certificate of no objection from the Bureau of Public Procurement.

    SERAP quoted the Auditor-General as saying there was no evidence that the items had been procured and that the contracts were awarded to companies whose competence, experience, capacity, addresses and factory locations were unknown.

    The audit report reportedly raised concerns that the funds might have been diverted and recommended their recovery.

    The organisation also cited an alleged payment of N1.06bn for Toyota Prado TXL 2021 model vehicles, claiming the procurement was conducted without advertisement, competitive bidding, bid evaluation or the required certificate from the procurement bureau.

    According to SERAP, the Auditor-General questioned whether the transaction involved inflated contract costs or a possible loss of public funds.

    Another transaction involved N3.14bn allegedly paid to four contractors for ballot guides, sensitive materials and result sheets before the contracts were awarded.

    SERAP said the audit report recommended recovering the money and remitting it to the Treasury over concerns that the funds might have been diverted.

    The lawsuit further identified N9.25bn allegedly paid under 22 contracts for similar goods and services. The contracts were reportedly awarded on the same day and allegedly divided to circumvent procurement procedures.

    The organisation said the Auditor-General questioned whether payments had been made for items that were never supplied.

    SERAP also cited an alleged N129.38m payment to 19 accounting firms for financial audit services, stating that the report found no evidence of the utilisation, requests or expenditure associated with the consultants.

    Other transactions highlighted in the suit included N504.49m allegedly paid for accreditation devices and N235.10m for sleeping mats and digital archiving services.

    Regarding the accreditation devices, SERAP said the Auditor-General questioned whether the expenditure represented value for money because the APG had expired before the security licence key was delivered, while the software was valid for only four months.

    The payment for sleeping mats and digital archiving services also reportedly raised concerns about the eligibility and capacity of the contractors involved.

    SERAP is asking the court to direct INEC to provide documentary and physical evidence showing that the electoral materials covered by the audit findings were procured and delivered.

    It also wants the commission to disclose the current location and status of the materials and explain whether the payments corresponded with actual deliveries.

    The organisation further seeks an order preventing the disposal, transfer, destruction, write-off or other handling of electoral equipment and public assets covered by the allegations in a manner that could undermine accountability.

    It is also requesting the publication of the names of contractors, suppliers and consultants who received the payments, alongside details of public officials who authorised or facilitated the transactions or benefited from them.

    SERAP argued that Nigerians were entitled to information about the use of public funds, particularly those allocated to an institution responsible for managing the country’s electoral process.

    The organisation cited Sections 13 and 15(5) of the 1999 Constitution, which address the responsibilities of public institutions and the obligation of the state to abolish corrupt practices and abuse of power.

    It also referenced Nigeria’s obligations under the United Nations Convention against Corruption, the International Covenant on Civil and Political Rights and the African Charter on Human and Peoples’ Rights.

    SERAP maintained that transparency in electoral spending was particularly important as Nigeria prepares for the 2027 general elections.

    “With the 2027 general elections approaching, transparency and accountability in the management of these funds are essential to safeguarding public confidence in the electoral process and ensuring that resources intended to support credible elections are properly utilised,” it stated.

    The allegations contained in the audit report have not, in the information provided, been established by a court, and the suit seeks to compel INEC to account for the transactions.

    No date has been fixed for the hearing.

  • FG Disputes World Bank’s N7.7tn Interest Payments Figure

    FG Disputes World Bank’s N7.7tn Interest Payments Figure

    Precious Nwonu, Enugu

    The Federal Government has challenged the World Bank’s assessment of Nigeria’s debt burden, arguing that reports suggesting interest payments exceeded government revenue in the first half of 2026 were based on an incomplete fiscal picture.

    The Federal Ministry of Finance said the reported N7.7tn interest payments, equivalent to about 124 per cent of the N6.2tn revenue recorded during the period, did not accurately reflect the government’s debt position.

    The ministry stated its position in a statement issued on Sunday and shared on X by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele.

    The response followed public discussions surrounding the World Bank’s October 2026 Nigeria Development Update, which reported Federal Government revenue of N6.2tn and interest payments of N7.7tn between January and June 2026.

    An analysis of the published figures showed that interest payments exceeded revenue by N1.5tn, representing approximately 124.2 per cent of revenue. The ratio was calculated from the figures in the report rather than expressly stated by the World Bank.

    However, the ministry argued that the calculation was misleading for three reasons, including the inclusion of debt obligations serviced on behalf of state governments, incomplete revenue figures and the timing of revenue collections.

    According to the ministry, the interest-payment figure included external loans serviced by the Federal Government on behalf of other tiers of government.

    It maintained that comparing such obligations exclusively with federal revenue inflated the ratio because debt and revenue figures should cover the same level of government.

    The ministry also argued that the revenue figure excluded income generated by government agencies and enterprises but not yet remitted to the Treasury.

    It added that statutory payment schedules meant some taxes were collected predominantly in the second half of the year, making the first six months an incomplete basis for evaluating annual debt obligations.

    To support its position, the ministry compared the figures for the first half of 2025 with those for the corresponding period in 2026.

    It said Federal Government revenue increased by 72 per cent, from N3.6tn to N6.2tn, while interest payments rose by 38 per cent, from N5.6tn to N7.7tn.

    The ministry said the interest-to-revenue ratio consequently declined from 156 per cent in the first half of 2025 to approximately 124 per cent in the first half of 2026.

    It also stated that the full-year debt-service-to-revenue ratio had fallen below 60 per cent, compared with 97 per cent before the current administration’s reforms.

    The ministry described the figures as evidence of improved fiscal management, arguing that the gap between interest payments and revenue had narrowed from N2tn to N1.5tn.

    “This is the result of reforms working, not a sign of fiscal distress,” the ministry stated.

    It further rejected the use of a six-month fiscal snapshot as a definitive measure of debt sustainability, pointing instead to the World Bank’s full-year projection.

    “The same World Bank report projects Nigeria’s full-year 2026 debt service, covering both interest and principal, at 46 per cent of revenue. This is the appropriate benchmark, and a guide to avoid the invalid conclusions being drawn,” the statement read.

    The ministry also defended the administration’s borrowing programme, insisting that all loans obtained by the government were lawful and had received the necessary approvals.

    It said borrowing complied with the limits authorised by the National Assembly under the 2026 Appropriation Act and the approved borrowing plan.

    The ministry added that the government’s borrowing activities were guided by the Fiscal Responsibility Act 2007 and the Debt Management Office (Establishment) Act 2003, while details of public debt were regularly published by the Debt Management Office.

    However, the ministry did not provide revised revenue and interest-payment figures or an alternative ratio to support its challenge to the World Bank’s assessment.

     FG to Begin Repaying $1.25bn World Bank Loan in 2031

    Meanwhile, the Federal Government is scheduled to begin repaying the principal on a $1.25bn World Bank loan in December 2031, with the final instalment on one of the facilities due in June 2060.

    The financing, obtained under the Nigeria Actions for Investment and Jobs Acceleration Development Policy Financing programme, is designed to support reforms targeting access to credit, electricity supply, trade competitiveness and government revenue.

    The facility comprises a $750m concessional credit from the International Development Association and a $500m loan from the International Bank for Reconstruction and Development, both members of the World Bank Group.

    The loan was approved in 2026 amid concerns about Nigeria’s rising debt burden and calls for the government to limit external borrowing.

    The World Bank said the financing would support Nigeria’s transition towards more inclusive economic growth, improve competitiveness and create jobs.

    The reforms cover capital markets, digital services, electricity access, trade barriers, agricultural inputs and domestic revenue mobilisation.

    According to the financing agreements reviewed by *The PUNCH*, principal repayments on both facilities will begin on December 15, 2031, although their repayment periods differ.

    The $750m IDA credit is scheduled to be fully repaid by June 15, 2051, while the $500m IBRD loan will run until June 15, 2060.

    Under the IDA agreement, Nigeria will repay 2.5 per cent of the credit every six months, amounting to $18.75m per instalment, or $37.5m annually during full repayment years.

    For the IBRD facility, the government will make semi-annual principal payments of 1.72 per cent from December 2031 through December 2059, followed by a final instalment of 1.96 per cent in June 2060.

    The regular IBRD instalments amount to approximately $8.6m every six months, while the final payment is about $9.8m.

    Combined, the two facilities will require principal repayments of approximately $27.35m every six months between December 2031 and June 2051, equivalent to about $54.7m annually during full repayment years.

    The repayment schedules will extend across several administrations, with the final principal payment on the IBRD facility due nearly 34 years after the agreements were signed.

    The figures cover principal repayments only and exclude interest and other applicable charges.

    Under the IBRD agreement, the interest rate is based on a reference rate plus a variable spread. The IDA credit’s interest charge is calculated using the reference rate and variable spread, less 250 basis points, subject to applicable conditions.

    The IBRD loan also carries a front-end fee of 0.25 per cent, equivalent to $1.25m, and an annual commitment charge of 0.25 per cent on the undisbursed balance.

    The IDA agreement provides for a maximum annual commitment charge of 0.5 per cent on the undisbursed financing balance.

    The agreements do not specify a fixed dollar amount for total interest payments over the repayment period, meaning the eventual borrowing cost will depend on applicable rates and other contractual provisions.

    The IDA credit is structured for disbursement in a single tranche, subject to the World Bank’s assessment of Nigeria’s economic policies and implementation of agreed reforms.

    The IBRD facility is divided into two withdrawal tranches of $249.375m each, with the remaining $1.25m allocated to the front-end fee.

    Release of the second tranche depends on satisfactory progress in implementing the programme, maintaining an adequate macroeconomic framework and completing agreed policy actions.

    The IBRD agreement also allows the lender to cancel part or all of the undisbursed balance if the government fails to take satisfactory corrective measures within 90 days of receiving notice.

    Both agreements have a closing date of December 31, 2027.

    Loan Tied to Tax, Electricity and Trade Reforms

    The financing agreements outline two broad reform areas: improving access to credit, digital services and electricity, and strengthening economic competitiveness through trade, taxation and agricultural measures.

    Among the recognised measures are the Investment and Securities Act 2025, the National Integrated Electricity Policy, electricity metering reforms and regulations designed to encourage private investment in interconnected mini-grids.

    The government also committed to implementing trade reforms under the African Continental Free Trade Area, including the gradual liberalisation of 90 per cent of tariffs on goods from African countries over 10 years.

    Other measures include removing import bans on specified essential food products and inputs, reducing import adjustment taxes on selected commodities by at least 25 per cent in 2026, and progressively eliminating applicable adjustment taxes between 2027 and 2036.

    In taxation, the agreements recognise the introduction of mandatory electronic invoicing for Value Added Tax, a 15 per cent minimum effective tax rate for large companies and multinational enterprises, and an increase in the maximum personal income tax rate from 24 to 25 per cent.

    The financing arrangements also impose reporting and accountability requirements on Nigeria.

    The government is required to maintain dedicated dollar accounts for receiving loan proceeds and ensure that equivalent amounts are reflected in its budget management system.

    The Federal Ministry of Finance must report amounts received, relevant account details and transaction records to the World Bank within 30 days of each withdrawal.

    The agreements further require the accounts to be audited by auditors of the Central Bank of Nigeria acceptable to the World Bank. Certified audit reports must be submitted within four months of withdrawal and made publicly available.

    The World Bank’s financing is intended to support Nigeria’s economic reform programme, with disbursement subject to satisfactory implementation of the agreed measures and maintenance of an adequate macroeconomic policy framework.

  • Federal High Court Upholds ENSSAA’s N150m Political Campaign Billboard Fee, CTC Reveals

    Federal High Court Upholds ENSSAA’s N150m Political Campaign Billboard Fee, CTC Reveals

    Contrary to false and misleading reports on social media that a Federal High Court (FHC) sitting in Abuja had nullified the N150 million fee prescribed by the Enugu State Structures for Signage and Advertisement Agency (ENSSAA) for political campaign billboards, findings have revealed that the court actually ruled in favour of the agency, upholding its powers to prescribe the fee.

    According to a certified true copy (CTC) of a judgment of FHC sitting in Enugu, the court had on September 1, 2026, dismissed a suit by opposition parties and figures challenging ENSSAA’s authority to impose a mandatory N150 million fee on each political party seeking to erect campaign billboards or display posters ahead of the 2027 general election.

    The judgment rendered by Justice Mabel Segun-Bello held that it was within the legislative competence of the Enugu State House of Assembly to make laws on outdoor advertising and for ENSSAA to exercise powers donated to it by state law.

    The suit marked FHC/EN/CS/165/2026 had the Labour Party; Chairman of the Labour Party (LP) in Enugu, Hon. Kingsley Ugwu; Nigeria Democratic Congress (NDC); NDC factional state Chairman, Engr. Ibuchukwu Obetta; the Social Democratic Party (SDP) and its state Chairman, Hon. Magnus Ezea, as plaintiffs, while ENSSAA; its General Manager, Mr. Francis Aninwike; the Enugu State House of Assembly; Independent National Electoral Commission (INEC); Advertising Regulatory Council of Nigeria (ARCON); and Nigeria Police Force were the respondents or defendants.

    The plaintiffs had in June 2026 approached the court seeking a declaration that, by virtue of Sections 99 (1) and (2) of the Electoral Act, 2026, and Section 153 of the 1999 Constitution, which donated exclusive powers to INEC to regulate electoral campaigns of political parties in Nigeria, it was ultra vires the powers of ENSSAA and its General Manager to make executive decisions and publications imposing a mandatory payment of N150 million by political parties and their candidates in the state as an advertisement permit fee for the placement of billboards for the council election and the 2027 election.

    They equally sought a declaration by the court that it was unlawful and ultra vires the legislative powers of the Enugu State House of Assembly to make laws regulating the advertisement of political campaigns in the state.

    Consequently, the plaintiffs sought an order of the court setting aside the mandatory N150 million fee, as well as an injunction restraining the agency and its GM, the Enugu State Government, its agents and representatives from enforcing ENSSAA’s executive directive.

    They finally sought an order of the court mandating the Nigeria Police Force to protect political parties in Enugu State against possible harassment for the placement of billboards and posters for the council election and the 2027 elections.

    However, delivering her judgment in September, after a careful consideration of the totality of the affidavit evidence, the exhibits, and submissions by both parties, the presiding judge, Justice Mabel Segun-Bello, held, among other things, that the National Assembly does not hold exclusive legislative powers over outdoor advertising.

    “I accede to the 1st, 2nd and 3rd Defendants’ contention that the subject matter of ‘outdoor advertising’ is NOT reserved exclusively to the National Assembly or to ARCON.

    “Rather, ‘outdoor advertising’ falls within the purview of the primary functions of the Local Government, which may (where properly delegated) be validly exercised by a State agency such as the 1st Defendant (ENSSAA).

    “Third, I am satisfied that on the basis of the evidence before this Court, the 1st Defendant has established it had a validly delegated authority to issue the directive it gave on 9th February, 2026, for the regulation of advertisement of political campaigns,” she stated.

    Guided by these foregoing conclusions, Justice Segun-Bello held that “it is not ultra vires the powers of the Enugu State Structures for Signage and Advertisement Agency and its General Manager (1st and 2nd Defendants) to pass executive decisions and publications imposing a mandatory payment of N150 million naira, as advertising permit that will enable the use of billboards in Enugu State.”

    Continuing, she said, “It is also hereby declared that it is not ultra vires the legislative powers of the Enugu State House of Assembly (3rd Defendant) to make laws regulating advertisement in Enugu State.

    “Consequently, the directive published by the 1st and 2nd Defendants on 9th February, 2026, mandating political parties and their candidates in Enugu State to pay N150,000,000.00 (One Hundred and Fifty Million Naira) as a pre-condition for obtaining an advertising permit to place billboards and posters for the 2026 and 2027 general election campaigns, is not an unlawful use of State Apparatus to the disadvantage of political parties, contrary to Section 99(2) of the Electoral Act, 2026.

    “Save as expressly granted above, the remaining reliefs claimed by the Plaintiffs are hereby refused.”

    Meanwhile, the Enugu State Government says that unlike the practice in most states, the N150 million fee is for each political party, not for candidates, as misrepresented on social media and by some commentators.

    The Secretary to the State Government, Prof. Chidiebere Onyia, made the clarification recently while fielding questions from Government House correspondents in Enugu, adding that there was no court judgment on the fee by any FHC in Abuja, as falsely circulated.

    In a related development, finding show that the Abia State Structures for Signage and Advertising Agency (ABSSAA) prescribed feea for candidates ranging from N20 million for State House of Assembly candidates to N200 million for presidential candidates.

    Imo State fees range from N3.55 million for each House of Representatives candidate to N55 million for each governorship candidate, while the permit fees range from N300,000 for local council candidates to N150 million for presidential candidates.

    The campaign permit fee ranges from N100,000 for each councillorship candidate to N50 million for each presidential candidate, while Kwara State fixed its fees at N2 million for each House of Assembly candidate and N100 million for presidential candidates.

  • Frontier Discourse Public Lecture: Zainab Buba Galadima Joins Panelists for 6th Edition

    Frontier Discourse Public Lecture: Zainab Buba Galadima Joins Panelists for 6th Edition

    Zainab Buba Galadima has joined the list of panelists for the sixth edition of the Frontier Discourse Annual Public Lecture Series and Awards, scheduled to hold in Abuja, as the organisers prepare to examine insecurity, electoral violence, Nigeria’s politics and democratic process ahead of the 2027 general elections.

    She joins former Senator representing Kaduna Central, Shehu Sani; Deputy National Chairman (South) of the All Progressives Congress (APC), Dr. Ben Nwoye; Executive Director of Development Specs Academy, Prof. Okey Ikechukwu, mni; and the President’s Special Adviser on Economic Affairs, Dr. Tope Fasua, among the discussants unveiled for the event.

    The lecture, organised by Pacesetter Frontier Magazine, will focus on the theme, “Barrel to Ballot: The Naturalisation of Violence, Nigeria’s Polity and its Democratic Circus.”

    The theme is expected to stimulate discussions on violence, democratic governance and the challenges confronting Nigeria’s political system as the country approaches the 2027 general elections.

    Frontier Discourse, an annual colloquium launched in 2021, was conceived as a platform to bridge the gap between African leaders and citizens through dialogue, policy reviews and the exchange of development ideas. It also recognises individuals who have made significant contributions to Africa’s growth.

    Pacesetter Frontier Magazine, a privately owned print and digital publication established in 2020, organises the initiative, which has become a platform for engagement on national and continental issues.

    A member of the organising committee, Frank Ufondu, said the diversity of the panelists was intended to bring different perspectives to the discussion.

    “Our choices of discussants were carefully curated. We want to have a healthy mix of different contributions during the session so that delegates can leave the event with a wholesome perspective of the issues confronting us as a nation ahead of the 2027 general elections”.

    The event is expected to attract captains of industry, religious leaders, traditional rulers, politicians, youth organisations, civil society and non-governmental organisations, professional bodies, representatives of the formal sector, secondary school students, undergraduates and award recipients.

    Beyond the panel discussions, the programme will feature history sessions, comedy, poetry and exhibitions.

    The sixth edition will hold at the Nigerian National Merit Award House, also known as Merit House, in Maitama, Abuja. The red carpet is scheduled to begin at 10 a.m., while the main event will commence at 11 a.m.

    The organisers said attendance and registration are free. Interested participants can register to reserve their seats through https://forms.gle/C6Rtpjv5gQUBm31T9.

    For sponsorship, partnership and other enquiries, members of the public can call or send WhatsApp messages to 09137940957.

    The event partners include One Stewart Ventures Limited, Frontline Africa, Igwesi Human Development Centre, Steve Oruruo Foundation, ROWE Oil and Royal Entourage Consult.

  • Niger NSCDC Commandant Admits Mistake, Apologises Over Miners’ Deaths

    Niger NSCDC Commandant Admits Mistake, Apologises Over Miners’ Deaths

    Precious Nwonu, Enugu

    The suspended Niger State Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Suberu Aniviye, has apologised to the families of suspected illegal miners who died in custody, admitting that the incident could have been prevented.

    Aniviye described the deaths as a “costly mistake” while testifying before the Justice Muhammad Muhammad Commission of Inquiry in Minna, which is investigating the incident that occurred in September 2026.

    “A mistake has been made, but a very costly one. My apology to the parents of the deceased and to the people and government of Niger State,” he told the commission.

    The former commandant, who served from August 25, 2025, until September 18, 2026, expressed regret that the deaths occurred under his watch.

    He explained that the operation began after residents submitted written and oral complaints that mining activities at a site along the M. I. Wushishi Housing Estate in Minna were disrupting their community.

    According to him, he visited the site on September 15, 2026, and directed the Head of Operations, Assistant Commandant of Corps Joha Achagwa, to act on the complaints.

    The Mining Marshal Unit was subsequently deployed, leading to the arrest of suspected illegal miners during an operation on the evening of September 16.

    Aniviye said he received a telephone call the following day informing him that some detainees had died in custody. He rushed to the command headquarters, where he found several bodies lying on the cell floor.

    He added that he contacted Niger State Governor, Umaru Bago, who directed that the bodies be taken to a hospital. He also notified the Commissioner of Police and the Director of the Department of State Services.

    The suspended commandant further told the commission that arrangements had been made to arraign the suspects in court on September 17 before the deaths occurred.

    However, testimony from the suspended head of the NSCDC legal unit, Assistant Commandant of Corps Stephen Tsado, raised questions about the handling of minors arrested during the operation.

    Tsado said part of his responsibilities involved preparing case files, forwarding cases for prosecution and advising the commandant on legal matters.

    He told the commission that he discovered some of the arrested suspects were minors and advised Aniviye to release them to their parents on bail.

    “I advised him to grant them bail to their parents,” Tsado said, adding that he personally urged the commandant to act on the recommendation to protect the minors’ rights.

    He, however, said he could not explain why the advice was not implemented.

    The commission also heard from Nurse Maryam Etang of the NSCDC medical unit, who said she visited the detention cell as part of her routine duties on September 16 and 17.

    Etang disclosed that one of the suspects was coughing seriously on September 17, around the time the bodies were being removed from the cell.

    She also expressed shock at finding the body of one Emeka Emmanuel among the deceased, insisting that he was not among the miners arrested during the operation.

    Her testimony raised questions about Emmanuel’s presence in the cell and the circumstances surrounding his death.

    The commission is expected to determine the circumstances surrounding the deaths, examine the treatment of detainees and establish whether there were lapses in the operation and the handling of suspects in custody.

    In an earlier sitting, a mortician at Minna General Hospital told the panel that 33 bodies were delivered to the hospital’s mortuary. The figure differs from the 37 deaths reported by the Niger State Government and other authorities.

    Governor Bago inaugurated a nine-member judicial commission of inquiry in September to investigate the deaths, which sparked protests in the state and prompted the governor to impose a 24-hour curfew in Minna.

    President Bola Tinubu subsequently ordered a full and transparent investigation, warning that the government would not tolerate mass deaths resulting from official negligence, dereliction of duty or failure to protect people in public custody.

    The Minister of Interior, Olubunmi Tunji-Ojo, also announced the suspension of 20 NSCDC officers in connection with the incident.

  • 2027: Keke Riders Endorse Mbah, Tinubu, as Governor Scraps Daily Ticketing, Extends Operational Time to 10pm

    2027: Keke Riders Endorse Mbah, Tinubu, as Governor Scraps Daily Ticketing, Extends Operational Time to 10pm

    …Reiterates Enugu’s zero tolerance for political violence

    The Tricycle Riders Association of Enugu State has endorsed the state governor, Dr. Peter Mbah, for a second term in office, citing improved security, road infrastructure, and social amenities in the state.

    The association, popularly known as Keke Riders, also endorsed President Bola Tinubu, citing the Enugu–Onitsha Road, Enugu–Port Harcourt Expressway, New Artisan Bridge, Obinagu Flyover, and strategic appointments.

    This was even as Governor Mbah scrapped the N750 daily payment by tricycle operators and also extended their operational time from 9pm to 10pm.

    Mbah also said they would continue to operate at no cost at all the state’s modern transport terminals.

    Leading the endorsement at Okpara Square, Enugu, during the conclusion of a “One Million March” event on Saturday, the state Chairman of the Tricycle Riders Association of Nigeria, Comrade Kingsley Edeh, said the endorsements were predicated on achievements, especially those that have impacted the lives and businesses of tricycle riders, their families, and the people of Enugu State in general.

    “Which will we reel out and leave the other? Is it the security and good roads, which now enable us to ply our trade without any problems, the 267 Smart Green Schools, the completion of long-abandoned projects such as the International Conference Centre, Nigergas Limited, Sunrise Four Mills, Hotel Presidential, and many more?

    “We can also see the infrastructure President Tinubu is building in the South East and the support he is giving to our governors.

    “So, we will vote APC from top to bottom come 2027,” he declared.

    Corroborating the position of the Tricycle Riders Association in Enugu, the body’s National Secretary, Comrade Sunday Enang, described Mbah as a ‘magician’ in the art of governance, stressing that no governor anywhere had done what he was able to accomplish in three years.

    “Your ‘Tomorrow Is Here’ vision is evident in the construction of modern transport terminals, the establishment of Enugu Air, investment in an asphalt plant, intra- and inter-city road construction, and efforts to improve traffic flow and urban transportation.

    “These initiatives are promoting safer, more organised, and more efficient movement across the state.

    “We also commend the policy allowing tricycle operators to use designated terminals without paying toll fees. This support recognises their contribution to the economy and the livelihoods of thousands of families.

    “These practical policies reflect disruptive innovation and demonstrate how effective leadership can turn vision into tangible opportunities,” he said.

    In his response, Mbah described tricycle operators as critical players in the state’s economy, stressing that while his administration was focused on growth, it was equally determined to eradicate poverty, hence the various interventions to increase their disposable incomes.

    “You are the powerhouse of our economy because you set out early in the morning, working long hours, navigating traffic, taking our workers to work, taking our students to school, moving our people from urban areas to rural communities, connecting businesses, and helping traders get to their businesses. A lot of people earn their living because of what you do.

    “But we also see your struggles. So, I have started engaging with your executives on how we can make life better for you. As the Managing Director of the Transport Terminal just said, no more payment by our tricycle riders at any of the transport terminals.

    “Let me also recognise something. Our government, as you know, is not just about growth. We are also interested in ending poverty and making sure that you have more money or disposable income to take care of your family. And so, the issue of tickets is sealed. No more tickets for you.

    “Again, when we came into the office in 2023, we inherited a curfew on tricycle operators such that they could only operate from 6am to 9pm. There was a sit-at-home, but we have ended that with your support. Today, Enugu State is safe. So, we will be shifting your operational time limit from 9pm to 10pm,” he said.

    While acknowledging their commendation for the rapid construction of roads, Mbah said this was part of the government’s deliberate steps to increase their disposable incomes by reducing their spending on repairs, assuring them that his administration would construct and reconstruct all the remaining 1,022 urban roads in the state.

    “Because I understand how bad roads can be terrible, not only for your tricycles and the money you spend on repairs, but also for the time you spend at the mechanic, all the roads in Emene, Abakpa, Idaw River, Trans-Ekulu, Awkunanaw Area, Coal Camp, New Haven, Thinkers Corner, Uwani, among others, are paved or being paved.

    “I can assure you that there will be no road in our city that will be unpaved. We are going to pave all the remaining 1,022 roads,” he emphasised.

    Meanwhile, Mbah has vowed that his administration would take every step within the law to preserve the security and peace that the people of Enugu had worked to build in the state.

    “You must treasure it. You must protect it. Enugu is on an upward trajectory. We will not allow those deceptive voices and politicians who campaign in poetry but only govern in prose. With our government, you have experienced real development and real growth.

    “Let me also warn that we have worked extremely hard to establish a safe state. Nobody, no matter their ambition, will take that away from us. And we will not stop at anything, deploying all means necessary within the law to bring to book any violator or anybody who tries to import thugs to disrupt the peace and public safety we enjoy in this city and this state. We have zero tolerance for violence.”

    He enjoined the people to make good their endorsements by getting their PVCs ready for the 2027 elections and voting massively for him, all APC candidates, and President Bola Tinubu, whose policies, he said, ensured the availability of resources to execute the numerous projects they listed.

    Other speakers at the event were the Enugu State Chairman of the APC, Dr. Martins Chukwunweike; Grand Patron of the Enugu State Traditional Rulers Council, HRH Igwe Greg Ugwu; and the Managing Director, Enugu East Zone Transport Terminals, Dr. John Egbo.