General
28 States Receive $68.36m from World Bank
By Adedapo Adesanya
The federal government has announced that 28 states have received $68.36 million in disbursements under the World Bank-assisted SABER programme.
The federal government announced on Tuesday that 33 states and the Federal Capital Territory (FCT) had signed the Subsidiary Loan Agreement (SLA) under the programme, with 28 states so far receiving disbursements totalling $68.36 million.
The SABER programme seeks to enhance private investment in fibre optic deployment, strengthening regulatory frameworks to support this growth.
This comes months after the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in November 2023 announced SABER as the successor programme of the States Fiscal Transparency and Accountability and Sustainability (SFTAS).
SFTAS was another World Bank-assisted $1.5 billion programme which was designed to nudge the sub-nationals into inculcating the virtues of accountability and transparency in governance.
According to the Permanent Secretary, Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, 33 states and the Federal Capital Territory (FCT) signed the Subsidiary Loan Agreement (SLA) under the SABER programme.
A statement issued Tuesday night by the Director, Press and Public Relations, Ministry of Finance, Mr Mohammed Manga noted that 28 states had received between $1 million and $4 million in prior results disbursements, totalling $68.36 million.
“In its avowed determination to improve the business environment in the country, the Federal Government of Nigeria, in collaboration with the World Bank has declared the 2025 National Sensitization Workshop on the States Action on Business Enabling Reforms (SABER) Programme-for-Results open in Abuja – a $750 million initiative aimed at incentivizing state-level reforms to improve Nigeria’s business climate.
“The Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Shehu Jafiya, while declaring the event open, emphasized the significance of the programme in fostering economic growth through business-friendly reforms.”
The statement quoted the Permanent Secretary as saying: “We are committed to creating an enabling environment that promotes business competitiveness and attractiveness.”
“The Permanent Secretary highlighted the progress made so far, with 33 states and the Federal Capital Territory (FCT) signing the Subsidiary Loan Agreement (SLA) under the SABER programme.
“Mrs Jafiya informed that 28 states have received between $1 million and $4 million in prior results disbursements, totalling $68.36 million.
“She acknowledged the challenges faced by states in implementing reforms but encouraged them to persevere,” the statement added.
It stressed that Mrs Jafiya assured that the government would continue to support states in their efforts to improve the business environment and attract investments.
The Permanent Secretary also emphasised the importance of transparency and accountability in the implementation of the SABER programme, saying, “we must ensure that the programme’s objectives are achieved in a transparent and accountable manner.”
By streamlining processes for land acquisition and ownership, the Permanent Secretary further disclosed that the programme aims to reduce bureaucratic hurdles and make it easier for businesses to operate.
The programme also prioritizes the strengthening of investment promotion agencies and public-private partnership units, recognizing the critical role these entities play in attracting investment and driving economic growth.
SABER slso aims to improve transparency and efficiency in government-to-business services, reducing the complexity and uncertainty that can often hinder business operations.
According to the statement, the programme builds on the successes of the States Fiscal Transparency, Accountability, and Sustainability (SFTAS) initiative, which promoted fiscal transparency and accountability at the sub-national level.
The SABER programme’s disbursements are contingent upon annual verification by an Independent Verification Agent (IVA), ensuring that states meet agreed reform milestones.
Programme Leader for Equitable Growth, Finance, and Institutions at the World Bank, Mrs Bertine Kamphuis, underscored the need for additional technical assistance, including in-person and smaller technical group meetings.
Also, National Programme Coordinator of the SABER Programme, Mr Ali Mohammed elaborated on the program’s financial structure, emphasizing that the $750 million budget encompasses not only Programme-for-Results (PforR) disbursements but also capacity building for state officials and implementation partners.
Under the now-ended SFTAS Programme introduced by former President Muhammadu Buhari administration,eligibility and clear-cut criteria were outlined for states to get disbursement from the Office of the Accountant General of the Federation (OAGF).
The criteria were open to civil society organisations and the media, who also assessed benefiting states based on their performance.
General
Umahi: Ebonyi Police Reject Bid to Halt Autopsy in Physiotherapist’s Death
By Adedapo Adesanya
The Ebonyi State Police Command has insisted on conducting a post-mortem examination to determine the cause of death of Miss Mary Habila, a physiotherapist who died at the residence of the Minister of Works, Mr David Umahi, in Uburu, Ohaozara Local Government Area of Ebonyi State.
The demise of the deceased, which occurred in late June, recently became public and has sparked calls for a probe from many quarters.
Meanwhile, the family of the deceased has approached the court to stop the autopsy, but experts tell Business Post that the family has no authority to file an affidavit, as this is a case of suspected murder against the state and not the family.
Mr Umahi has also called for a probe.
The Ebonyi Police Command said the autopsy was necessary to establish the cause of death and support its ongoing investigation, despite objections from the deceased’s family.
The Police Public Relations Officer (PPRO), SP Joshua Ukandu, disclosed this in a statement issued on Wednesday, stating that the police had commenced a comprehensive investigation into the circumstances surrounding Ms Habila’s death.
Mr Ukandu said preliminary investigations revealed that the deceased and a colleague were members of the medical team attached to the Minister of Works and had accompanied him to his hometown in Uburu, where she later died in a room within the compound of his residence.
According to him, detectives from the State Criminal Investigation Department (SCID) have visited the scene, documented relevant evidence and obtained statements from persons connected to the incident.
He added that the command had concluded arrangements to engage a qualified pathologist to carry out a post-mortem examination, which it considers crucial to determining the actual cause of death.
Mr Ukandu explained that the police became involved in the matter after receiving a distress call on June 27, 2026, from the Divisional Police Officer (DPO), Ohaozara Division, informing the command of a medical emergency involving Habila and requesting his presence at the David Umahi Federal Teaching Hospital, Uburu.
“On arrival, the DPO was informed by hospital authorities that Miss Mary Habila had been brought in dead.
He immediately briefed the Commissioner of Police, who directed that the matter be transferred to the State Criminal Investigation Department (SCID) for thorough investigation,” the statement read.
The police spokesperson disclosed that while the family of the deceased had opposed the conduct of an autopsy, the command considered the procedure necessary in view of the circumstances surrounding the death.
“The Command therefore awaits the attendance of the family or their duly appointed representative, as their presence is essential to the conduct of the post-mortem examination,” Mr Ukandu said, assuring the public that the investigation would be conducted professionally, transparently and without bias, stressing that every necessary step would be taken to uncover the circumstances surrounding Habila’s death.
Mr Ukandu further assured that the command would continue to provide updates as the investigation progresses.
Family Seeks to Stop Autopsy
The family of the deceased, who is a staff member of the David Umahi Federal University of Medical Sciences and was seconded to the Federal Ministry of Works, formally requested the withdrawal of further investigation into her death and declined an autopsy.
In an affidavit titled Affidavit of Withdrawal of Case filed before the High Court of Justice of Ebonyi State, her father, Tanko Habila Wisdom, said the family was not alleging any foul play in her death and wished to proceed with her burial.
According to the affidavit, Mary Habila died on June 27, 2026, in Uburu, Ohaozara Local Government Area of Ebonyi State.
The deponent stated that before her death, Habila was a staff member of the David Umahi Federal University of Medical Sciences and had been seconded to the Federal Ministry of Works in Mabushi, Abuja, where she served in the Office of the Minister of Works for about three years.
General
Aisha Achimugu: Court Orders Forfeiture of N4.6bn Jewellery, N4.3bn Vehicles, Cash
By Adedapo Adesanya
A Federal High Court in Apo, Abuja, has ordered the final forfeiture of billions of Naira worth of assets linked to businesswoman and socialite, Ms Aisha Achimugu, to the federal government.
Justice Jude Onwugbuzie granted the order following an application by the Economic and Financial Crimes Commission (EFCC), directing the permanent forfeiture of jewellery valued at N4.645 billion, 11 exotic vehicles worth N4.293 billion, $50,000 and N30 million in cash.
The ruling followed the EFCC’s request for the final forfeiture of the assets, which the commission said were linked to Ms Achimugu.
The forfeited assets include: Jewellery valued at N4,645,170,294.90; 11 exotic vehicles worth N4,293,000,000; $50,000 in cash; and N30,000,000 in cash.
The court’s judgment vests ownership of the assets in the federal government, bringing the forfeiture proceedings to a close.
In March, Justice Emeka Nwite of the Federal High Court in Abuja affirmed the final forfeiture of $13 million linked to the Lagos socialite. However, in an interview in April, she denied that $13 million was discovered by the EFCC in her residence, describing the claim as inaccurate and misleading.
Justice Nwite had, on August 22, 2025, granted the anti-graft agency’s motion ex parte for an interim order forfeiting the sum of $13 million linked to Oceangate Ltd to the federal government over allegations that the fund was proceeds of unlawful activity.
The judge had then directed the commission to publish the order in a national daily for interested people to show cause within 14 days why the fund should not be permanently forfeited to the federal government.
In 2024, the businesswoman gained significant media attention for a seven-day birthday celebration in Grenada, which was attended by high-profile guests, reportedly including Lagos State Governor Babajide Sanwo-Olu.
The socialite also defended her widely publicised birthday celebration, noting that it had been “planned for 10 years” and was not funded with any money under investigation.
General
Renaissance, Indorama Seal 16-Year Gas Deal to Boost Fertiliser Production
By Adedapo Adesanya
To boost fertiliser production, strengthen food security and advance Nigeria’s domestic gas utilisation agenda, Renaissance Africa Energy Company Limited has signed a 16-year Gas Sale Agreement (GSA) with Indorama Fertiliser FZE for the supply of up to 60 million standard cubic feet of natural gas per day from the Assa North Ohaji South (ANOH) Gas Processing Facility.
The agreement was signed by the chief executive of Renaissance, Mr Tony Attah, and Indorama’s counterpart, Mr Manish Mundra, with both executives describing the deal as a significant milestone in advancing Nigeria’s domestic gas utilisation agenda, industrial development, and agricultural growth aspirations.
“This agreement reflects our commitment to unlocking the value of Nigeria’s abundant gas resources through partnerships that create real and lasting impact,” Mr Attah said, adding: “By supplying natural gas to a major fertiliser producer such as Indorama, we are supporting a value chain that is critical to food security, agricultural productivity, industrial growth, and economic development.”
The agreement will provide Indorama Fertiliser with a secure and reliable source of natural gas to support uninterrupted production and enable the company to meet growing domestic and regional demand for fertiliser products.
The resulting increase in fertiliser availability is expected to contribute to improved crop yields, enhanced agricultural productivity, and strengthened food security across Nigeria and Africa.
Commenting on the agreement, Mr Mundra said the deal was an important milestone for the company in its ambition of supporting Nigeria’s agricultural transformation agenda.
“Reliable access to natural gas is fundamental to fertiliser production, and this long-term arrangement provides a strong foundation for sustainable operations and future growth,” Mr Mundra said. “We appreciate the partnership with Renaissance and look forward to leveraging this collaboration.”
The transaction aligns closely with Nigeria’s Decade of Gas initiative and further demonstrates the strategic role of natural gas in driving industrialisation, supporting manufacturing, enhancing energy security, and enabling economic diversification.


