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 Pension Transitional Arrangement Directorate (PTAD) has said the implementation of the Defined Benefit Scheme Pension Harmonisation is a reform meant to advance and enhance pension payment equity in the country.
The chief executive of PTAD, Mrs Tolulope Abiodun Odunaiya, said this initiative was a landmark reform designed to restore fairness, improve retirees’ welfare and strengthen confidence in the administration of the country’s legacy pension system.
The harmonisation exercise marks one of the most significant policy interventions in the Defined Benefit Scheme since PTAD was established in 2013 to take over the management of pensions under the old federal pension arrangement.
Unlike periodic pension increases that merely raise existing benefits by a percentage, she stressed that pension harmonisation was further than that by recomputing pensions using the latest approved salary structures that existed before the closure of the Defined Benefit Scheme.
She noted that the objective is to ensure that retirees who held similar positions and rendered comparable years of service receive equitable pension benefits regardless of their retirement dates.
The initiative comes against the backdrop of years of agitation by pensioners over historical disparities in pension computation.
She added that the PTAD’s harmonisation programme seeks to resolve that challenge by restoring parity within the system. According to her, pension harmonisation is the formal recomputation of pensions using approved salary structures applicable before the DBS cut-off date.
In practical terms, it ensures that pension outcomes are determined by rank, grade level and years of service rather than the year of retirement.
The Directorate believes the exercise will significantly improve social justice by correcting historical inequities that disadvantaged thousands of retirees.
The harmonisation applies primarily to pure Federal Government pensioners as well as eligible retirees under the Parastatals Pension Department (PaPD), Defunct and Transferred Agencies Pension Department (DTAPD), and the Education and Health Pension Department (TEHPD), particularly those who initially served under the Federal Government before their agencies were transferred to state governments.
By Adedapo Adesanya
The Nigeria Police Force will today, Tuesday, July 14, 2026, arraign the controversial director-general of the non-existent Presidential Foreign Intervention Promotion Council (PFIPC), Mr Adeniyi Adeyemi.
The arraignment will take place before Justice Mohammed Umar of the Federal High Court in Abuja.
The police had charged Mr Adeyemi alongside two others with eight counts, including forgery and impersonation, in the case marked FHC/ABJ/CR/562/2025.
The case was initially filed on November 27, 2025, by Mr Wisdom Madaki, a police prosecutor.
Court proceedings had stalled on June 16, scheduled for Mr Adeyemi’s arraignment, due to his absence from court on grounds of ill health.
According to the court documents, proposed prosecution witnesses to testify against the defendants include the Chief of Staff to the President, Mr Femi Gbajabiamila; Paul Emmanuel, Jeremiah Imoukhede and Ituah Sylvester.
Others are civil servants working in the Office of the Accountant General of the Federation, Mr Akimbo Shola and Mr Adamu Balongu, a deputy superintendent of police, were on the list.
Also listed as witnesses are Mr Ojo Victor, Mr Omeh Amarachukwu, and Mr Wakili Saidu, all of whom were allegedly posted to work with Mr Adeyemi at the non-existent agency.
Others are Mrs Joy Ngwoke, the owner of Kachi Hotel in Abuja, and Mr Ven Okoriko, the pastor of St. Matthew’s Anglican Church, Maitama.
The documentary exhibits planned to be tendered by the prosecution to prove the case include the police investigation report, Mr Gbajabiamila’s petition dated October 17, 2025, and Mr Adeyemi’s fake presidential appointment letter dated March 8, 2024.
They also include the request for a note verbale by Mr Adeyemi sent to the Ministry of Foreign Affairs and the approvals he got to open accounts with the Central Bank of Nigeria (CBN), the request for approval of self-accounting status Mr Adeyemi sent to the Accountant-General of the Federation’s office and the conveyance of approval for take-off of the PFIPC.
Other documents listed by the prosecution are a letter of request for collaboration with the ministry in the area of land acquisition and offices across the 36 states of the federation; statements of all the witnesses and that of the defendants, and pictures.
The police, in the court document, said, “The prosecution shall at the trial call any other related witness or witnesses to prove its case.”
The prosecution accused Mr Adeyemi of operating the fictitious agency from the 2nd Floor of the Federal Secretariat Complex in Abuja, Phase III, before his arrest.
Last week, President Bola Tinubu directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a thorough investigation into the activities of the fictitious agency.
The president gave the ICPC 30 days to complete the investigation, so it is currently unclear how the outcome of the ICPC investigation would impact the police prosecution.
By Aduragbemi Omiyale
A coordinated push to position gender inclusion as a driver of business competitiveness, investment and long-term economic growth has led to the introduction of the Nigeria Gender Country Programme (NGCP) by the private sector.
This initiative, led by the International Finance Corporation (IFC), a member of the World Bank Group, in partnership with Nigerian Exchange (NGX) Group Plc and the Lagos Chamber of Commerce and Industry (LCCI), aligns advisory expertise, funding and partnerships to strengthen women’s representation in leadership, improve access to quality employment, and expand access to finance, technology and markets for women and women-led businesses.
It builds on the CEO Roundtable held in June and the progress achieved through Nigeria2Equal, IFC’s earlier initiative, as it now moves into implementation, with participating organisations expected to adopt practical, measurable gender-smart business practices.
The economic case is significant, with the program underpinned by research showing that closing gaps in women’s leadership, employment and entrepreneurship could generate an estimated $22.9 billion in additional economic output annually, reinforcing the economic case for stronger private sector action on gender inclusion.
“Advancing women’s economic participation is no longer simply a social aspiration; it is a business imperative, an investment in productivity, a catalyst for innovation and a driver of sustainable economic growth.
“Through the Nigeria Gender Country Program, we are creating a practical framework that will help businesses strengthen leadership, expand opportunity and unlock the inclusion dividend for Nigeria’s economy,” the chairman of NGX Group, Mr Umaru Kwairanga, stated.
The Governor of Lagos State, Mr Babajide Sanwo-Olu, represented by the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state’s commitment to creating an enabling environment for women-led enterprises and strengthening inclusive economic development, while the Minister of Women Affairs, Mrs Imaan Sulaiman-Ibrahim, represented by Ms Aishatu Digili, called for stronger collaboration between government, development institutions and the private sector to accelerate women’s economic empowerment and expand opportunities for women across key sectors of the economy.
The Division Director for West and Central Africa at IFC, Mr Olivier Buyoya, said, “Creating more and better jobs is central to IFC’s mission across Africa. Economies grow faster, and businesses perform better when women have equal opportunities to participate, lead, innovate and succeed.
“Through the Nigeria Gender Country Program, we are bringing together the private sector, capital markets and development partners to help companies turn this opportunity into stronger business performance, greater competitiveness and more inclusive growth. We look forward to working with Nigerian businesses to unlock the full economic potential of women as a driver of Nigeria’s future prosperity.”
Speaking on behalf of the Director-General of the Securities and Exchange Commission (SEC), Mr Emomotimi Agama, the Commission’s Executive Commissioner, Legal and Enforcement, Ms Frana Chukwuogor, said, “The Commission welcomes the Nigeria Gender Country Program as an important platform for deepening collaboration, innovation and knowledge sharing in support of inclusive market development. We commend the IFC for its leadership in promoting inclusive private sector development globally, and for its partnership with Nigeria in strengthening our financial markets.”
