General
Physically-Challenged Lady, Others in NDLEA Custody Over Europe-bound Drugs
By Adedapo Adesanya
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted Europe-bound 4 kilogrammes Meth seized at Abuja and Lagos airports, with 11 suspects, including a physically-challenged lady, arrested in connection with the consignments.
In a statement on Sunday, the NDLEA said 10 cartons of khat with a gross weight of 354.600kg were seized at the NAHCO import shed of the airport.
It said on Saturday, May 21, a freight agent, Mr Roland Orinami was arrested by its operatives attached to the local wing of the Lagos airport with 1.90kg Loud, a variant of cannabis, packed in some bottles while trying to send the same via a flight to Abuja.
“Several attempts by agents of drug cartels to break through the security at Nigeria’s main airports in Lagos and Abuja with large consignments of assorted illicit substances have been thwarted by operatives of the National Drug Law Enforcement Agency, NDLEA.
“First on the list of those arrested in connection to seizures at the two airports is Ofor Chima Chileobi who had on Friday 20th May attempted to export to Dubai, UAE, 200 blocks of cannabis Sativa weighing 30.20kg concealed in 40 sacks of bitter leaf through the SAHCO export shed, a cargo wing of the Murtala Muhammed International Airport, Ikeja, Lagos,” the organisation said.
NDLEA further revealed that a subsequent operation in Abuja led to the arrest of a taxi driver, Mr Nsikak Evans sent to collect the consignment whose confession also resulted in the arrest of the actual owner, Mr Adesanya Olakunle Isaac at his house in the Life Camp area of Abuja.
Mr Adesanya, who claims to be into Information Technology, accepted ownership of the seized drug, which he said was meant for an upcoming birthday party of one of his friends.
The statement continued: “On Tuesday, May 24, another freight agent, Moshood Azeez Olaide was arrested at NAHCO export shed of the MMIA when he presented a cargo containing psychotropic substances heading to Dubai.
“The illegal consignment was packed into other items such as can drinks, liquid bitters and other non-controlled drugs. The seized drugs include Tramadol 225mg, Rohypnol and MDMA. A follow-up operation led to the arrest of another suspect linked to the crime, Olagboye Selim on Friday, 27th of May.
“Also on the same day, operatives of the Nigerian Customs Service at NAHCO import shed transferred 15 cartons of khat leaf with a gross weight of 256.70kg, which came into the country on Royal Air Moroc to NDLEA command at the airport.”
The previous day, Monday, May 23, another freight agent, Mr Lasebikan Felix Gbenga was arrested with 200 bottles of pentazocine injection, with a brand name “Drutapent” weighing 1.05kg. The consignment was heading to the United States of America.
Another suspected agent, Miss Akuta Chioma Lucy was on Thursday, 26th of May arrested at the SAHCO export shed while attempting to export 14.75kg of khat concealed inside other vegetable leaves and food condiments such as bitter leaf, scent leaf, and pepper, all packed in bags for shipment to the United Kingdom.
At the Nnamdi Azikiwe International Airport, Abuja, a 45-year-old Mr Ezika Ugochukwu Nicholas from Ichida, Anocha area of Anambra state was arrested on Thursday, 26th of May for ingesting 60 pellets of cocaine weighing 1.037kg on arrival from Addis Ababa on board Ethiopian airline.
“Ezika who claims he’s into shoe business before his arrest travelled to Ethiopia on 23rd of May on the invitation of the person who gave him the drug, which he ingested before returning into the waiting arms of NDLEA officers at the Abuja airport.
“In the same vein, efforts by drug cartels to export 4kg methamphetamine concealed in nylon rolls to New Zealand were also frustrated by anti-narcotic officers attached to a courier company in Lagos just as they blocked different quantities of cannabis Sativa and Tramadol hidden in soles of slippers from being shipped to Oman through the same firm.
“Meanwhile, no fewer than 335,820 tablets of Tramadol, Exol 5, Diazepam and Rohypnol as well as 400 bottles of codeine syrup concealed in bags of vegetables have been intercepted in Abuja in a hummer passenger-bus coming from Enugu on Monday 30th May. The bus driver, Augustine James, 35, is currently helping the investigation.”
In Imo State, 1,111kg of cannabis Sativa heading to the Orlu forest, which has become a fortress for non-state actors, was intercepted on Thursday, May 26.
By Dipo Olowookere
The need for new thinking on energy transition, infrastructure financing and energy journalism has been emphasised by a leading energy company, Sahara Group.
The organisation, at the 2026 Asharami Square held in Lagos on Wednesday, July 22, stressed the need for solution-based journalism for better results.
At the event themed Energising Africa’s Future: Legacy, Impact and Transformation, the Director of Governance and Sustainability at Sahara Group, Ms Ejiro Gray, in her opening remarks, noted that Africa’s energy future must be shaped by local realities, calling for more balanced, evidence-based journalism capable of interrogating the complexities of energy transition, development and sustainability.
“Effective journalism should not only tell us what happened; it should help us understand why it matters, whose interests are affected and what perspectives are missing from the conversation,” she posited.
The Special Adviser to the President on Power Infrastructure, Mr Sadiq Wanka, in his keynote address, highlighted the opportunities emerging within Nigeria’s electricity sector as reforms continue to open new pathways for investment.
He stated that reforms across the sector were creating opportunities in embedded generation, mini-grids, renewable energy, transmission infrastructure and industrial power solutions, while urging journalists to delve deeper into policy reforms, investment opportunities and implementation outcomes.
“The issue is no longer technology. The real challenge is mobilising capital at scale, structuring bankable opportunities and creating an ecosystem that attracts long-term financing,” Mr Wanka said.
At a panel session featuring the Director of Institute of Continuing Education of the University of Lagos, Prof. Abigail Ogwezzy-Ndisika; the chief executive of the Lagos State Electricity Regulatory Commission (LASERC), Ms Temitope George; and the Managing Director of Chapel Hill Denham, Ms Kemi Awodein, it was echoed that Africa possesses significant pools of capital capable of supporting infrastructure development, but that unlocking investment requires stronger governance, investor confidence and better project preparation.
“Energy reporting must go beyond headline events and announcements. Journalists need to ask deeper questions, examine the evidence and connect policy decisions to their impact on communities and everyday lives,” Prof Ogwezzy-Ndisika stated at the panel moderated by the Associate Editor for Africa at Argus Media, Mr Adebiyi Olusolape.
Ms Awodein, during the panel which explored the question: Who is financing Africa’s energy future? Pointed out that “Nigeria has demonstrated that domestic capital can finance transformational infrastructure at scale. The real differentiator is governance, transparency and a clear pathway to value creation.”
Business Post reports that one of the major highlights of the programme was the unveiling of the Asharami Square Energy Reporting Fellowship, which the Head of Corporate Communications at Sahara Group, Mr Bethel Obioma, said was designed to deepen journalists’ understanding of the technical, commercial, environmental and policy issues shaping the energy sector.
He disclosed that this aligns with Sahara Group’s Beyond XXX vision of investing in people and platforms that will help shape Africa’s future, adding that Prof Ogwezzy-Ndisika will serve as the lead assessor for the programme.
“Through the Asharami Square Energy Reporting Fellowship, we are investing in the capacity of journalists to tell more solutions and evidence-based stories that reflect the realities, opportunities and challenges of Africa’s energy transition,” he stated.
Since its launch in 2024, Asharami Square has continued to advance informed dialogue, strategic partnerships and practical solutions that support Africa’s evolving energy landscape and reinforce Sahara Group’s commitment to delivering impact beyond its first three decades.
By Adedapo Adesanya
The Federal High Court in Abuja has sentenced three suspects in the abduction of students and teachers in Oriire Local Government Area of Oyo State to life imprisonment.
According to the court, the sentencing of Mr Abdulrazak Umar, known under the alias Abu Khalifa/Abu Khalid; Mr Yunusa Musa, alias Yunusa Bin Musa; and Mr Shamsu Adamu Sani, alias Abu Itisar, will start from the date of their arrest.
Before the sentencing by Justice Salim Ibrahim, counsel for the defendants pleaded with the court to sentence them on liberal terms, adding that they were first-time offenders and had pleaded guilty.
Justice Ibrahim pointed out that this showed that they were remorseful of their actions, and all the counts they were charged with are not related to the kidnapping.
He added that the convicts were married men who have children and have aged parents who are dependent on them. He pleaded with the court to give them a second chance at life and sentence them on liberal terms.
Counsel for the prosecution, however, pointed out that the convicts were aware of the people on the battlefield, and as true Nigerians, they should have reported it to the authorities.
After the charges were read to them, they pleaded guilty to membership of a proscribed terrorist group.
At their arraignment on alleged terrorism at the Federal High Court, Abuja, the three defendants also pleaded guilty to concealing information on the planning and execution of the abduction.
However, only the first accused person, Abdulrazak Umar, alias Abu Khalifa/Abu Khalid, pleaded guilty to counts 7, 8, 9 and 10, which bordered on training and passing instructions and inciting terror group members on a particular religious ideology.
The three accused persons were on trial by DSS on a 10-count charge bordering on kidnapping, concealment of information, and terrorism-related offences.
According to the charges, the defendants, all from Niger State, are accused of knowingly withholding information about individuals linked to terrorist activities, participating in kidnapping, and using a messaging platform to facilitate terrorist training.
The federal government had, last week, charged the suspects for the recent kidnapping of children and teachers of a school in the Oriire Local Government Area (LGA) of Oyo State. The 10-count charges filed before the Abuja court bordered on terrorism, kidnapping, concealment, incitement and illegal mining.
By Adedapo Adesanya
Pathway Advisors Limited (PAL) and Pivot Integrated Energy Services Limited have launched a N100 billion Series 1 Commercial Paper (CP) issuance under Pivot’s N300 billion Commercial Paper Programme, opening a new funding window aimed at strengthening the downstream energy company’s working capital.
The offer, for which Pathway Advisors is serving as Lead Arranger and Issuing House, is now open for subscription and will close on July 31, 2026.
The transaction underscores Pathway Advisors’ role in facilitating capital market access for Nigerian corporates while supporting the expansion plans of one of the country’s indigenous downstream energy companies.
Under the transaction, Pivot is seeking to raise up to N100 billion through three tranches with varying tenors and returns. Series 1 Tranche A has a tenor of 180 days, offering a discount rate of 17.5 per cent and a yield of 19.15 per cent. Tranche B has a tenor of 270 days, with a 19.5 per cent discount rate and a yield of 22.79 per cent, while Tranche C has a 364-day tenor, carrying a 19.69 per cent discount rate and a yield of 24.50 per cent.
The minimum subscription is N5 million, representing 5,000 units at N1,000 per unit, with additional subscriptions accepted in multiples of N1,000 thereafter.
The commercial paper programme has received investment-grade short-term ratings from leading rating agencies, earning an A3 rating from Agusto & Co., an A3 rating from Global Credit Ratings (GCR), and an A1 rating from DataPro Limited.
According to the transaction details, proceeds from the issuance will be deployed towards working capital financing to support Pivot’s operations in the importation, trading, storage, distribution and supply of refined petroleum products across Nigeria and selected African markets.
The company said the offer presents investors with an opportunity to participate in the growth of a leading indigenous downstream energy company supported by strong revenue growth, robust off-take arrangements and improving profitability.
Pivot Integrated Energy Services Limited is an indigenous integrated downstream energy company engaged in the importation, trading, storage, distribution and supply of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO) and Aviation Turbine Kerosene (ATK).
The company serves a broad customer base that includes bulk buyers, distributors, industrial users, logistics operators, manufacturers and retail-linked channels across key commercial centres such as Lagos, Calabar and Port Harcourt.
It is also one of the 20 approved off-takers under the Dangote Refinery PMS Consortium, with an allocated target volume of 300 million litres of Premium Motor Spirit per quarter, positioning it among the key distributors in Nigeria’s evolving downstream petroleum market.
For Pathway Advisors Limited, the transaction further reinforces its position in Nigeria’s debt capital market as a financial advisory and capital-raising firm. Registered and regulated by the Securities and Exchange Commission (SEC), the firm provides transaction advisory, capital raising, project finance, mergers and acquisitions advisory, and strategic financial solutions to corporate and institutional clients.
The firm said it remains committed to facilitating access to capital for businesses while supporting sustainable economic growth across key sectors of the Nigerian economy through innovative financing solutions.
