General
Anyanwu Unfolds Economic Agenda for Imo
By Ebireri Henry Ovie
Pulling Imo people out of the clutches of poverty and propelling the economy of the state to prosperity were given at the weekend by Senator Samuel Nnaemeka Anyanwu as reasons for joining the governorship race.
“If our natural and human resources have been properly harnessed and judiciously managed, Imo would have been one of the richest states, if not the richest in Nigeria.
“My goal is to serve as a bridge between the leadership and the people to ensure that the state is pulled out from the clutches of poverty, while ensuring timely payment of pensions and full restoration of civil servants’ salaries and emoluments,” he said.
The former member of Imo State House of Assembly, who wants to contest the governorship polls on the platform of the Peoples Democratic Party (PDP), is thinking about how to put right the mess Governor Rochas Okorocha and other All Progressives Congress (APC) leaders have made of Imo State.
He promised to assuage the suffering of Imo people through wealth creation, employment generation and poverty reduction.
Mr Anyanwu told reporters in Owerri that the state has enormous human and material resources that could serve as alternative source of revenue to the Federal Government if properly harnessed and managed.
He attributed the economic hardship in the state to lack of commitment and sincerity of purpose on the part of the current administration.
“A responsible and positive government should drive policies and programmes that would promote real development.”
The former local government chairman promised to liberate the state from the dependency on federal allocation, grow the Internally Generated Revenue (IGR) of the state by activating robust private sector business engagement and restore local government system and town unions.
“We will energize private enterprise and allow people unfettered ownership of the means to wealth creation and production. We shall pursue a course that will exceed the expectations and aspirations of our people. We will ensure economic growth as against financial impoverishment and hope in place of despondency and despair. Our administration will submit to international best practices in governance, which includes transparency, accountability, due process and rule of law.”
Mr Anyanwu promised to bring principles that promote respect for rule of law, justice, fairness and integration of all stakeholders.
“I know the terrain, understand the politics and have built networks of political and social alliances across the state; I know the people, the issues, challenges, expectations, the possibilities and the potentials of the state. I will run a government that focuses on developing the economy of the state and making it the hub of South East market by identifying and developing viable areas of comparative advantage. I will create an enabling environment that will attract investors and encourage private sector participation in developing the state economy.”
He vowed to ensure security of life and property thereby making Imo the tourist destination of the world, guarantee a qualitative and holistic free education, with a clear path on sustainability of funding, reposition agriculture as vehicle for job creation, wealth generation and food security, decentralize the health sector in preparation for a universal health care system and embark on a comprehensive infrastructural development.
He also pledged to end deprivation, humiliation and hardship in the state.
The chairman, Senate Committee on Ethics, Privilege and Public Petitions urged PDP leaders in the country to mend fences and respect the feelings and views of others.
“Our party, the Peoples Democratic Party (PDP) has had it fair share of political crisis. We must begin to mend fences and respect the feelings and views of others. Though individuals are bound to have their personal ambitions within a political party, such interests must be pursued without sending wrong signals that would unsettle the greater number of the members or make them feel that the party has lost its character as the big umbrella that should provide shade for all members. Impunity and high handedness in political engagement weakens the party, making it vulnerable to external and internal manipulators and deprives us of the qualities of a formidable political party.”
The representative of Imo East Senatorial District called on PDP members in the state to make judicious use of their electoral power when the time comes.
“The movement to Douglas House starts today. Never again would we gamble with the fate of our dear state and the destiny of our people. We must caution ourselves as we prepare to elect our flag bearers in the forthcoming party elections. The fate and destiny of our party depend on our resolve to elect people that are acceptable to the masses and can lead us to victory in the general election.”
Popularly known as Sam Daddy, the Imo East representative appealed to the people of Orlu and Okigwe zones to support the aspiration of Owerri zone.
“This will help us build a bound of love, friendship and strength needed to overcome the challenges ahead,” he added.
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a 30 per cent reduction in gas imbalance on the country’s Western Network following the conclusion of its first-half 2026 Nigerian Gas Network Reconciliation (NGNR) Workshop.
The workshop brought together gas transporters, suppliers, shippers and off-takers to reconcile gas volumes traded between January and June 2026, while introducing a Network Entry/Exit Point Measurement Infrastructure Audit Template aimed at improving metering accuracy and accountability across the gas transmission network.
In a communiqué issued after the workshop, the authority said participants also reviewed the performance of the Nigerian Gas Transmission Network, assessed progress on major pipeline infrastructure projects, and received updates on the ELPS Gas Shrinkage Factor and Hydraulic Modelling Project.
Discussions focused on addressing metering gaps, improving network visibility through Supervisory Control and Data Acquisition (SCADA) integration, and enhancing system reliability ahead of the commissioning of the Ajaokuta-Kaduna-Kano (AKK) Pipeline System.
The workshop adopted key resolutions, including the execution of outstanding Network Exit Agreements, mandatory submission of measurement audit templates and closer collaboration among industry stakeholders to improve network pressure management.
Speaking at the closing session on behalf of the authority’s chief executive, Mr Rabiu A. Umar, the Director of Transportation Systems and Networks, Mr Joseph G. Musa, said the biannual reconciliation exercise had become critical to promoting equitable gas transactions, transparency, investor confidence and efficient network operations.
Mr Musa noted that since the NGNR process was introduced in 2023, it had significantly improved gas measurement, strengthened regulatory compliance through consequence management, reduced operational imbalances and contributed to a more reliable domestic gas supply.
The workshop concluded with participants adopting the reconciled H1 2026 gas volumes, reaffirming the authority’s commitment to a transparent, efficient and reliable domestic gas market.
By Modupe Gbadeyanka
An investment that supports growing food and agriculture companies across Africa that strengthen agricultural value chains has been made by Swedfund.
The organisation is putting down about $12 million to strengthen climate resilience in African food systems through the Acumen Resilient Agriculture Fund II (ARAF II).
By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.
Over 30 million smallholder farmers operate across Sub-Saharan Africa, accounting for 80 per cent of all farms and producing 70 per cent of the region’s food (IFAD). Yet many face limited access to finance, quality inputs, reliable buyers and market information. At the same time, they are among those most exposed to climate change and weather-related shocks, which threaten harvests, incomes and food security.
The investment has an ambition to reach around four million smallholder farmers through ARAF II’s portfolio companies. It also aims to meet the criteria of the 2X Challenge, which promotes investments that support women’s economic empowerment.
ARAF II invests in businesses that address key gaps in agricultural value chains, from improving market access and reducing post-harvest losses to expanding financial and digital services for farmers. By helping these businesses grow, the investment aims to improve productivity, strengthen local value chains and increase the resilience of food systems.
Swedfund invests alongside other development finance institutions and investors to help mobilise long-term capital for businesses that often struggle to access financing despite their potential to strengthen food security, climate resilience and economic development across Africa.
“Climate change is already affecting the livelihoods of millions of smallholder farmers across Africa. Investing in businesses that improve access to markets, finance and agricultural services helps farmers strengthen their resilience, increase productivity and build more stable incomes. That is essential for more resilient food systems,” the Investment Director of Food Systems and Strategic Investments at Swedfund, Ms Helen Hagos, said.
By Adedapo Adesanya
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order a probe into the alleged diversion, disappearance and misapplication of more than N6.79 billion in public funds within the Nigeria Police Force (NPF) and the Federal Ministry of Police Affairs.
The grave allegations are documented in the latest Annual Report of the Auditor-General of the Federation published on September 9, 2025.
SERAP said, “Anyone suspected to be responsible—including contractors, companies and public officials implicated in the report—should be promptly prosecuted, while all missing public funds, firearms and ammunition should be fully recovered, secured and properly accounted for.”
In the letter dated August 1, 2026, and signed by SERAP deputy director, Mr Kolawole Oluwadare, the organisation said: “The Auditor-General’s findings suggest a grave betrayal of the public trust and raise serious concerns about corruption and the management of public funds, police exhibits, firearms and ammunition.”
SERAP said: “The report also raises serious concerns over missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for exhibits, and the insecure storage of firearms, creating significant risks to public safety and national security.”
According to the group, “The diversion of funds meant for policing, abandoned security projects, missing firearms and ammunition, and the misuse of police exhibits undermine the operational effectiveness of the Nigeria Police Force, weaken public confidence and may contribute to Nigeria’s worsening insecurity.”
The letter, read in part: “The report documented numerous alleged financial irregularities within the Nigeria Police Force and the Federal Ministry of Police Affairs, including payments for projects that were never executed, abandoned contracts, inflated contract costs, and irregular procurement.”
“The report also documented unretired cash advances, unsettled insurance claims, payments for services allegedly not rendered, and other suspected diversion and misapplication of public funds amounting to over ₦6.79 billion.”
“The allegations also include missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for recovered firearms and other exhibits, and the insecure storage of firearms, posing serious risks to public safety and national security.”
“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal action to compel your government to comply with our request in the public interest.”
Some of the others include: N499,875,500.00 for the construction of Police College Phase II, Bashar, Plateau State; N12,931,000.00 for the rehabilitation of Block B, Department of Logistics and Supply (Works) building, Garki; N111,635,864.64 for the construction of 12 one-bedroom transit camp units and rehabilitation of the administration block at the NPF Pre-retirement Skills Acquisition Centre, Kudana, Kaduna State; N4,011,627.89 inserted as taxes to inflate a contract; N1,938,299,452.00 for 14 ongoing projects that were abandoned; N5,050,000.00 in monetary exhibits released without proper authorisation; N112,026,424.00 for outstanding allowances paid to officers to cover 2020 liabilities; and N6,000,000.00 as annual payment to the Inspector General of Police’s Senior Special Assistant on Revenue and Tax Matters.
Others include N10,080,000.00 as cash advances for the provision of office equipment and accessories for the NPF Database Management Centre; N438,066,845.73 for the supply of bulletproof vests, ballistic helmets and procurement of a Styr Punch Vistar troop carrier; N18,000,000.00 for the training of women in cosmetology and provision of empowerment kits in Ondo Central Senatorial District, Ondo State; N258,989,999.75 for the procurement of 10 JAC patrol vehicles for NPF outpost stations in Kano State; N30,853,250.00 as security allowances for personnel attached to the Ministry of Police Affairs; N681,406,593.18 for the settlement of insurance claims through insurance brokers; N1,628,108,434.18 for outstanding insurance policy liabilities for 2020/2021; N57,484,515.30 for the procurement of video cameras, customised umbrellas, gift bags and customised towels for the Nigeria Police Force Public Relations Office; N7,760,409.56 in withholding tax and value added tax that was not deducted from contracts awarded.
