General
ICPC Lobbies ECOWAS to Combat Crimes in West Africa
By Adedapo Adesanya
The Independent Corrupt Practices and other related offences Commission (ICPC) has called on the leaders of the Economic Community of Western African States (ECOWAS) to fashion and pursue a robust Anti-Money Laundering (AML)/Combating Financing of Terrorism policy in the fight against corruption and other violent crimes pervading the region.
The Chairman of the commission, Mr Bolaji Owasanoye, made the call while lamenting that illicit financial flow, as well as illegal trade in pangolins, elephant tusks and other wildlife, is estimated to have cost the region billions of dollars.
The ICPC boss, while delivering his keynote address at the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) annual public lecture series held at the Nile University, Abuja, stated that, “It is difficult to divorce the raging violent crimes in Zamfara State of Nigeria from the illegal gold mining by Nigerians and collaborators from the West African region and beyond which had gone on for years unabated.
“In 2016, the IMF estimated the annual global cost of bribery alone at $2 trillion, which is roughly 2 per cent of global GDP.”
Mr Owasanoye added that the above figure does not include the cost of other forms of corruption and illegal trade in pangolins, elephant tusks and other wildlife.
While stating that money laundering provides the means to make illicit money seem licit, he said only a robust AML/CTF can help fight corruption, terrorism/terrorist financing, arms trafficking and cross-border trafficking of hard currency to influence elections etc.
“West Africa needs to pursue a multi-track strategy to surmount the daunting challenges posed by economic and financial crimes. The fortune of generations unborn relies on the actions that we take today,” he said.
Some of the actions, according to him, include strengthening democratic institutions for the emergence of credible, legitimate people-focused governments across the region; promoting complementary selfless visionary leadership focused on the future of Africa not as rhetoric but with action, and strengthening regional cooperation, amongst others.
On his part, the Director-General of GIABA, Mr Kimelabalou Aba, said that money laundering and terrorist financing constitute major obstacles to human development and present significant obstacles to equal economic and social opportunities, especially for honest and hard-working people.
“In many other countries, these crimes have adversely impacted national security and development in Nigeria, including the erosion of hard-earned reputation for individuals, corporate organisations and even countries.
“While investors take calculated risks, they try to avoid investing in countries classified as high risks for money laundering and terrorist financing,” Mr Aba said.
He stated that the event provided another golden opportunity for GIABA to strengthen collaboration with the academia in their commonly shared responsibility of tackling the twin problems of money laundering and terrorist financing (ML/TF) in Nigeria and the West Africa region.
He said: “It is imperative for GIABA and all stakeholders, including academia, to deepen our collaboration to effectively counter these criminals – we need a network of good people to counter the network of evil people. Criminals may be smart, but they often end up outsmarting themselves.”
“In GIABA, we consider the school system as a critical stakeholder in this endeavour. Educational institutions such as yours are the orchards that nurture the future human fruits of a nation – many good and bad people in society today pass through the school system, and the system would have influenced both.
“As the foremost socializing institution in the society after the family, the school system should do more to deliver future good leaders for the society – leaders that can be trusted to deliver development and good governance for their people and not under development and misery,” he noted.
General
Nigerian Bottling Company Bridges Education, Employability Gap
By Modupe Gbadeyanka
The Nigerian Bottling Company (NBC) has reaffirmed its determination to bridge the gap between education and employability in the country by sustaining its flagship Youth Empowered (YE) programme.
This initiative provides hands-on learning, real-world insights, and access to career-shaping opportunities to young Nigerians.
The 2026 edition of the scheme commenced on February 2 at the University of Lagos (UNILAG), with participants mainly young people between the ages of 16 and 35.
A statement from the organisation said this year’s rollout will expand to more tertiary institutions, including the Federal University of Technology, Akure (FUTA). This follows a successful 2025 tour that reached seven cities across the country, including Makurdi, Jos, Benin, Kaduna, Asaba, Akure, and Port Harcourt.
Participants in the 2026 programme will receive training across key modules designed to support personal, professional, and business growth, including Business Life Skills, Adaptability and Resilience, Financial Literacy, Customer Service and Communication, Sales and Negotiation Skills, and Workplace Ethics.
The sessions will also feature breakout workshops on Business Planning, Project Management, and Time Management, alongside the Director’s Grant Pitch Competition, where participants can pitch their ideas for a chance to win business funding.
In addition to skills development, NBC’s People and Culture team will be present throughout the programme to identify outstanding talent for future opportunities within the organisation, further strengthening the connection between learning, employment, and long-term career growth.
One of the participants at the UNILAG training, Waliat Adedogun, who received a cash grant through the Director’s Grant Pitch Competition to support her small business, said: “Youth Empowered gave me more than training; it gave me clarity and confidence. Winning the grant means I can finally take my business idea from a dream into something real. I now feel prepared to build, grow, and create opportunities not just for myself, but for others too.”
Since its launch in 2017, the scheme has impacted more than 70,000 young Nigerians, equipping participants with practical skills, confidence, and exposure needed to succeed in today’s dynamic workplace and entrepreneurial landscape.
This year’s programme is being delivered in collaboration with Fate Foundation as the implementing partner, with funding support from The Coca-Cola HBC Foundation.
Last year, 10 beneficiaries were selected for six-month paid internships across NBC locations in Lagos, Ibadan, Asejire, and Challawa, gaining direct industry exposure.
Additionally, three outstanding participants received sponsorship for an all-expenses-paid intensive culinary training programme and were awarded N1 million each to support the launch of their businesses.
General
INEC Fixes February 20 for 2027 Presidential, NASS Elections
By Modupe Gbadeyanka
The 2027 presidential and National Assembly elections will take place on Saturday, February 20, the Independent National Electoral Commission (INEC) has revealed.
In a notice for the 2027 general polls issued on Friday, the electoral umpire also disclosed that the governorship and state assembly elections for next year would be on Saturday, March 6.
Speaking at a news briefing in Abuja today, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year, which is 12 months away.
The timetable issued by the organisation for the polls comes when the federal parliament has yet to transmit the amended electoral bill to President Bola Tinubu for assent.
This 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.
Recall that on February 4, INEC said it was ready to go ahead with preparations for the elections despite the delay in the passage of the amended electoral law of 2022.
General
NGIC Pipeline Network to Experience 4-Day Gas Supply Shortage
By Modupe Gbadeyanka
The pipeline network of the NNPC Gas Infrastructure Company Limited (NGIC) will witness a temporary reduction in gas supply for four days.
This information was revealed by the Chief Corporate Communications Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Andy Odeh, in a statement on Thursday night.
A key supplier of gas into the NGIC pipeline network is Seplat Energy Plc, a joint venture partner of the state-owned oil agency.
It was disclosed that the facility would undergo routine maintenance from Thursday. February 12 to Sunday, February 15, 2026.
The NNPC stated that, “This planned activity forms part of standard industry safety and asset integrity protocols designed to ensure the continued reliability, efficiency, and safe operation of critical gas infrastructure.”
“Periodic maintenance of this nature is essential to sustain optimal system performance, strengthen operational resilience, and minimise the risk of unplanned outages,” it added.
“During the four-day maintenance period, there will be a temporary reduction in gas supply into the NGIC pipeline network. As a result, some power generation companies reliant on this supply may experience reduced gas availability, which could modestly impact electricity generation levels within the timeframe.
“NNPC Ltd and Seplat Energy are working closely to ensure that the maintenance is executed safely and completed as scheduled. In parallel, NNPC Gas Marketing Limited (NGML) is engaging alternative gas suppliers to mitigate anticipated supply gaps and maintain stability across the network,” the statement further said.
“Upon completion of the maintenance exercise, full gas supply into the NGIC system is expected to resume promptly, enabling affected power generation companies to return to normal operations,” it concluded.
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