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Nigeria Targets 1.4 million Jobs Yearly from Textile Industry

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By Adedapo Adesanya

Nigeria is targeting 1.4 million jobs as it collaborates with the International Cotton Advisory Committee (ICAC) to revive the country’s moribund cotton/textile industry.

Disclosing this in a statement on Tuesday, the Vice President’s Media Aide, Mr Stanley Nkwocha, said the government met with the ICAC at the Presidential Villa in Abuja, the nation’s capital, led by its Executive Director, Mr Eric Trachtenberg.

Chairing the meeting is the Vice President, Mr Kashim Shettima, where discussions centred on developing key components of the cotton value chain comprising farming, weaving, ginning and linking of cotton, all in line with the industrialization drive of President Bola Tinubu’s administration.

Mr Nkwocha stated the target was to “create over 1.4 million jobs annually in the cotton/textile sector.”

The statement read, “Senator Shettima urged stakeholders to come up with a roadmap for the revitalization of the cotton/textile sector in Nigeria, noting that “it is time to work more and talk less.”

The Vice President assured that “the Tinubu administration will make conscious efforts to ensure the country harnesses opportunities in the cotton value chain, including ensuring that Nigeria regains its ICAC membership.”

Mr Shettima thanked the delegation for the visit, just as he acknowledged ICAC’s commitment to the development of the sector in Africa.

“Your diverse backgrounds in ICAC gives a nuanced understanding of the complexities and opportunities in the cotton value chain,” he noted.

In his remarks, Lagos State Governor, Mr Babajide Sanwo-Olu, said his state was well positioned to harness opportunities in the cotton value chain, given that it hosts the factories, and the market and is a critical component of the business ecosystem for the cotton sub-sector.

The governor expressed excitement at the possibility and opportunity for the resuscitation of the cotton and textile sector with a particular focus on job creation and economic transformation.

Mr Sanwo-Olu pledged the state’s readiness to offtake cotton produced in other parts of the country for companies based within the area.

On his part, Governor Hope Uzodinma of Imo State said the meeting with the delegation from the ICAC is the beginning of Nigeria’s quest to revamp the textile industry as part of the broad objective for industrializing the economy.

He said Imo State and the Southeastern region will be key to the renewed effort to revamp the cotton/textile sector with the bid to create jobs for the people and for the overall industrialization drive of the country.

“The opportunity created by the meeting is a new beginning in our quest for industrial recovery and creation of jobs for our teeming youths as well as an opportunity for a new partnership,” Mr Uzodimma said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Afia Media to Brainstorm on Trading Ideas for Development in South East

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Afia Media Emeka Mba

By Modupe Gbadeyanka

A platform to bring together critical stakeholders for the development of the South East region of Nigeria has been created by Afia Media, Nigeria’s only broadcaster dedicated to the South-East on DStv and GOtv.

The company, established by a foremost media and communications practitioner, Mr Emeka Mba, launched the Afia Annual Lecture and Awards for this purpose.

It is to bring together leaders from government, business, academia, culture and civil society to discuss the future of the South-East and celebrate excellence across the geo-political zone.

The initiative is expected to become an annual gathering focused on thought leadership, policy dialogue, regional development and the recognition of outstanding contributions to society.

The inaugural edition, themed Uwa Bu Afia: Trading Ideas for Development, is fixed for the fourth quarter of 2026 in Enugu.

Uwa Bu Afia was derived from the Igbo expression meaning the world is a marketplace. It was chosen to reflect the entrepreneurial spirit, resilience and innovative capacity that have long defined the people of the South-East.

The event will be broadcast live on Afia TV (DStv Channel 263 and GOtv), Afia 99.3 FM Enugu, and streamed digitally to audiences across Nigeria and the diaspora.

According to the organisers, the Annual Lecture and Awards are designed as a platform that will convene policymakers, business leaders, academics, innovators, creatives, development partners and other stakeholders to examine opportunities and challenges facing the South-East.

Mr Mba said the platform reflects the organisation’s commitment to amplifying the voices, aspirations and development priorities of the region, noting that, “The South East is one of Nigeria’s most entrepreneurial and culturally vibrant regions. The Afia Annual Lecture and Awards is designed to provide a credible platform for dialogue, recognition and collective action towards the region’s future.”

The programme will feature two major segments: the Afia Annual Lecture, bringing together public and private sector leaders, policymakers and development stakeholders for high-level conversations on the future of the region, and the Afia Awards Gala, celebrating individuals and institutions making significant contributions to society.

Organisers said the event is expected to attract more than 1,000 participants physically, while millions more are projected to follow proceedings through television, radio and online broadcasts.

A director at Afia Media, Mrs Ijeoma Ezeasor, said the region must take ownership of its narrative in an increasingly digital and AI-driven world.

“If we do not tell our own story, others will tell it for us. We are entering an era where artificial intelligence is shaping conversations, interpreting history and influencing decisions based on the information available to it.

“If the South-East does not deliberately document its achievements, define its aspirations and contribute its perspective to global conversations, others will define us on our behalf.

Uwa Bu Afia is therefore a call to think critically about our future, confront our challenges honestly and shape the narrative of our region in a rapidly changing world,” she stated.

The platform will serve as an annual opportunity to evaluate regional progress, stimulate policy conversations, encourage investment, promote innovation and strengthen collaboration between the public and private sectors.

The Afia Awards will recognise individuals and institutions making outstanding contributions to regional development, across categories including Governance, Business Leadership, Technology and Innovation, Cultural Excellence, Diaspora Impact, Civic and Humanitarian, Leadership in Education, and Youth.

Nominations, partnership opportunities and additional programme details will be announced in the coming months.

Afia Media said it intends for the initiative to evolve into a lasting institution that promotes regional storytelling, celebrates achievement and contributes to the long-term development of the South-East.

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EFCC Debunks Claims of Probe Into Immigration Boss Kemi Nandap

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Kemi Nanna Nandap

By Adedapo Adesanya

The Economic and Financial Crimes Commission (EFCC) has dismissed reports linking the Comptroller General of the Nigeria Immigration Service (NIS), Mrs Kemi Nandap, to an ongoing investigation into alleged visa racketeering involving some immigration officers.

The anti-graft agency said Mrs Nandap was not under investigation and had no connection whatsoever with the cases currently being handled by the commission.

The clarification was contained in a statement posted on the EFCC’s official X handle, noting that the clarification became necessary to address media reports and insinuations suggesting that the NIS Comptroller General was being investigated over the alleged visa fraud.

“The commission wishes to state unequivocally that it has no case with the Immigration CG,” the EFCC said.

However, the agency confirmed that it’s prosecuting some immigration officers over alleged visa fraud, adding that investigations remain ongoing.

“There are subsisting cases of alleged visa fraud against some immigration officers at the Federal High Court. Further investigations are ongoing with the possibility that more NIS officers could be arraigned for alleged fraudulent practices in the near future,” the statement read.

The EFCC stressed that despite the ongoing investigations and court cases involving some officers of the Nigeria Immigration Service, the Comptroller General was not linked to the matter.

“However, the Immigration CG is not remotely connected to these investigations,” the organisation stated.

The anti-corruption agency also urged journalists and media organisations to verify information relating to its activities before publication to prevent the dissemination of inaccurate reports, appealing to the media “to always seek clarifications on the activities of the EFCC to avoid misrepresentation of facts.”

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Court Grants Ex-Warri Refinery MD N500m Bail in Money Laundering Case

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Jimoh Yisawu

By Adedapo Adesanya

Justice Inyang Ekwo of the Federal High Court, Abuja, has granted bail to the former Managing Director of the Warri Refining and Petrochemical Company Limited, Mr Jimoh Yisawu, in the sum of N500 million.

Mr Yisawu is standing trial on an eight-count charge bordering on alleged money laundering.

He pleaded not guilty to all eight counts after they were read to him. The charge, dated and filed on June 22, 2026, was brought by the Federal Government.

The prosecution, led by Mr Ekele Iheanacho, a Senior Advocate of Nigeria (SAN), told the court that the defendant allegedly committed offences contrary to the Money Laundering (Prevention and Prohibition) Act, 2022.

In the first count, the Federal Government alleged that Mr Yisawu “indirectly converted the aggregate sum of over $789,950… being proceeds of unlawful activity”, contrary to Section 18(2)(b) and punishable under Section 18(3) of the Act.

In the second count, the prosecution alleged that he made cash payments exceeding $789,950 to one Samaila Bala without using a financial institution, contrary to the provisions of the anti-money laundering law.

In the fourth count, the government further alleged that Yisawu made cash payments totalling $122,600 through one Rasheed Olaitan Yusuf outside the banking system and due process, in violation of the anti-money laundering law.

Following the defendant’s plea, Iheanacho applied for a trial date.

Counsel for the defendant, Wale Balogun (SAN), informed the court that he had filed a bail application.

Responding, Mr Iheanacho said the prosecution had filed a counter-affidavit opposing the application and urged the court to refuse bail.

Balogun, however, argued that the prosecution had earlier granted Mr Yisawu administrative bail and had already seized his international passport. He urged the court to maintain the existing bail terms.

After adopting their respective processes, both counsel argued for their applications.

In a ruling, Justice Ekwo held that the defendant was entitled to bail.

The judge said, “Going by Section 162 of the Administration of Criminal Justice Act (2015)… I therefore grant bail in the sum of ₦500m with one surety in like sum.”

Justice Ekwo ordered that the surety must be a responsible Nigerian with landed property in Abuja and must submit proof of ownership to the court registrar.

The judge also directed the defendant to deposit his international passport with the court and barred him from travelling outside Nigeria without the court’s permission.

Pending the perfection of the bail conditions, the court ordered that Mr Yisawu should remain in the custody of the prosecution.

The case was adjourned until October 25, 26, and 27, 2026, for trial.

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