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Punch, New Telegraph Shine at NB 9th Golden Pen Award

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By Dipo Olowookere

It was a night of honour for outstanding journalists last Friday in Lagos at the Nigerian Breweries Golden Pen Awards.

Journalists who have done outstanding jobs were rewarded for their efforts and some of them could not hold back their excitement as they were called to the podium to receive their cash prizes.

The award, which is the 9th in the series, is aimed at promoting professionalism and objective reportage of events in the country. It is also meant to reward journalists who abide by the ethics of the journalism profession in their professional practice.

The night of glitz and glamour saw Isioma Madike of New Telegraph Newspaper emerging as the NB Golden Pen Reporter of the Year. The first runner-up was Arukaino Umukoro of Punch Newspapers while Caleb Ojewale of BusinessDay clinched the second runner-up position.

The Photo Journalist of the Year award went to Olatunji Obasa of Punch Newspapers.  Suleiman Hussaini also of the New Telegraph emerged as the first runner-up, while Toluwani Eniola of Punch Newspapers was the second runner-up.

Mojeed Alabi, a reporter with the New Telegraph won the ‘NB Report of the Year’.

All the winning journalists got cash prizes and special NB Golden Pen Awards statuette as part of the reward package. The top three winners also got high-end work tools as part of their prizes.

While welcoming guests at the event, Managing Director, Nigerian Breweries Plc, Mr. Johan Doyer, noted that the choice of the theme for the award “Agriculture, Local Sourcing and Industrial Development” was directed to align with Nigeria’s current push for economic recovery and growth.

This, he said, was hinged on the expectation that the media, in its agenda-setting role, will exploit the Nigerian Breweries Golden Pen Awards to draw attention of stakeholders to the key sectors required to drive economic revival.

“To us, these three areas – Agriculture, Local Sourcing and Industrial Development are jointly critical in Nigeria’s quest to achieve her full potential and become a self-reliant nation,” he said.

Doyer also acknowledged the role of the media in the successes recorded over the last nine years with the Awards and thanked the panel of judges who rigorously analysed the entries for originality, credibility and factuality.

The guest speaker at the occasion, Mr Ray Ekpu, thanked Nigerian Breweries for the initiative and called for soul-searching by the media who he urged to bridge the gap between training and practice.

Ekpu, a former Editor-in-Chief of the defunct Newswatch Magazine and Chairman of May Five Publications recalled that before crude oil was discovered in commercial quantity in 1958, agriculture was the mainstay of the economy and produced food and prosperity for the nation.

He challenged the press to support the efforts to domesticate the Nigerian economy, maintaining that Nigerian Breweries has set a worthy example on how to grow agriculture and local industry.

Deputy Governor of Lagos State Dr Oluranti Adebule, who was represented by the Permanent Secretary in the Deputy Governor’s Office, Mrs Yetunde Odejayi, lauded Nigerian Breweries for the initiative and described the theme as apt and timely in the journey to restructure the economy.

Dr Yemi Ogunbiyi, Managing Director of Tanus Communications and Chairman of the Panel of Judges commended Nigerian Breweries for the initiative and enjoined journalists to aspire to the highest standards.

He maintained that the quality and quantity of entries have improved significantly and noted that Nigerian Breweries has set a standard for other organizations to follow.

The event attracted other dignitaries from the political and media circles including the Minister of Information and Culture, Lai Mohammed, who was represented by Ajayi Kehinde and the Special Adviser to the President on Media and Publicity, Femi Adesina.

Others were the Secretary to the Lagos State Government, Mr Tunji Bello, who was represented by Adekunle Olayinka and the Managing Director of the News Agency of Nigeria (NAN) represented by Mrs Clara Ebota.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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NISO Attributes Electricity Woes to Inadequate Gas Supply

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Electricity Tariff Hike

By Adedapo Adesanya

The Nigerian Independent System Operator (NISO) has attributed the poor power supply facing a considerable number of Nigerians to inadequate gas supply to thermal power plants.

Business Post reports that epileptic power supply has plagued consumers in Lagos, Oyo, Abuja, and Osun, among others, this month, leading to worries. Also, some businesses have recorded losses due to the epileptic power supply in their areas.

In a statement posted on its X handle, NISO disclosed that average available generation on the national grid currently stands at about 4,300 megawatts (MW), with the low output primarily attributed to gas supply constraints.

The system operator noted that thermal power plants, which account for the dominant share of Nigeria’s electricity generation mix, require an estimated 1,629.75 million standard cubic feet (MMSCF) of gas per day to operate at optimal capacity. However, as of February 23, 2026, actual gas supply to the plants was approximately 692.00 MMSCF per day.

The available supply represents less than 43 per cent of the daily gas requirement, resulting in constrained generation output and reduced electricity allocation to Distribution Companies (DisCos).

NISO, which independently manages the nation’s electricity grid, explained that any disruption or limitation in gas supply directly affects available generation capacity and overall grid output, given the heavy reliance on thermal plants.

It added that when total system generation drops significantly, the operator is compelled to implement load shedding across the network while dispatching available energy in line with allocation percentages approved under the Multi-Year Tariff Order (MYTO) framework of the Nigerian Electricity Regulatory Commission (NERC), to maintain grid stability and prevent system disturbances.

While expressing regret over the inconvenience to electricity consumers and market participants, NISO said it is working closely with relevant stakeholders to restore full energy allocation once gas supply improves and generation capacity returns to normal levels.

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EFCC Re-Arraigns ex-AGF Malami, Wife, Son Over Alleged Money Laundering

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re-arraign ex agf malami.jpg

By Adedapo Adesanya

The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Attorney-General of the Federation (AGF), Mr Abubakar Malami (SAN), his wife, Mrs Asabe Bashir, and son, Mr Abdulaziz Malami, on money laundering charges.

They were brought before Justice Joyce Abdulmalik of the Federal High Court in Abuja, following the re-assignment of the case to the new trial judge.

Upon resumed hearing, EFCC’s lawyer, Mr Jibrin Okutepa (SAN), informed the court that the matter was scheduled for defendants’ re-arraignment.

“The matter is coming before your lordship this morning for the very first time. I will be applying for the plea of the defendants to be taken,” he said.

Mr Okutepa equally applied that the sums listed in Counts 11 and 12 be corrected to read N325 million instead of N325 billion for Count 11, and N120 million instead of N120 billion for Count 12.

When it was not opposed by the defence lawyer, Mr Joseph Daudu (SAN), Justice Abdulmalik granted the oral application by Mr Okutepa.

The defendants, however, pleaded not guilty to the 16 counts preferred against them by the anti-graft agency bordering on money laundering.

Justice Obiora Egwuatu had, on February 12, withdrawn from the case shortly after the civil case filed by the EFCC was brought to him.

The case was formerly before Justice Emeka Nwite, who sat as a vacation judge during the Christmas/New Year break.

After the vacation period, the CJ reassigned the cases to Justice Egwuatu, who had now recused himself, before it was reassigned to Justice Abdulmalik.

The former AGF, his wife, and son were earlier arraigned before Justice Nwite on December 30, 2025.

While Malami and his son were remanded at Kuje Correctional Centre, Asabe was remanded at Suleja Correctional Centre before they were admitted to N500 million bail each, on January 7, with two sureties each in the like sum.

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INEC Shifts 2027 Presidential, N’Assembly Elections to January 16

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INEC

By Adedapo Adesanya

Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the Independent National Electoral Commission (INEC) revised the polling schedule.

The elections will be held on January 16, instead of the previously announced date of February 20, INEC said in an X post, signed by Mr Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.

There were also changes to the Governorship and State Houses of Assembly elections initially fixed for Saturday, March 6 2027, in line with the Electoral Act, 2022, have now been moved to Saturday, February 6, 2027.

The electoral commission said the changes were caused by the enactment of the Electoral Act, 2026 and the repeal of the Electoral Act, 2022, which introduced adjustments to statutory timelines governing pre-election and electoral activities.

“The Commission reviewed and realigned the schedule to ensure compliance with the new legal framework,” it said.

INEC said party primaries (including resolution of disputes) will commence on April 23, 2026 and end on May 30, 2026, after which Presidential and National Assembly campaigns will begin on August 19, 2026, while Governorship and State Houses of Assembly campaigns will begin on September 9, 2026.

It noted that campaigns will end 24 hours before Election Day, and political parties have been advised to strictly adhere to the timelines.

INEC also stated it will enforce compliance with the law.

The electoral body also rescheduled the Osun Governorship election which was earlier scheduled for Saturday, August 8 2026, by a week to Saturday, August 15, 2026.

INEC noted that some activities regarding the Ekiti and Osun governorship elections have already been conducted, and the remaining activities will be implemented in accordance with the Electoral Act, 2026.

Speaking at a news briefing in Abuja two weeks ago, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year.

The timetable issued by the organisation for the polls at the time came when the federal parliament had yet to transmit the amended electoral bill to President Bola Tinubu for assent.

Later that week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.

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