General
Chibok Girls: FG Ready To Work With BBOG
By Dipo Olowookere
Minister of Information and Culture, Mr Lai Mohammed, has explained that the vision and objectives of the Federal Government and that of the Bring Back Our Girls (BBOG) group were still the same despite what people say.
Mr Mohammed, speaking during a special programme to mark Nigeria’s 56th independence anniversary on Channels Television on Saturday night, said the government was committed to rescuing the over 200 abducted schoolgirls just like the group.
“I want the Bring Back Our Girls to understand that this government appreciates what they are doing. We are all batting on the same side and we are as concerned as they are and we are well ready to work with you.
“Clearly we need a closer working relationship so that there will be no communication gap. Clearly, I do not see the objective of the BBOG group as different from ours,” Mr Mohammed said.
According to him, there will be no closure to the Boko Haram issue until the Chibok girls are released and returned safely to their families.
“There shall be no closure on the Boko Haram issue until and when the Chibok girls are released and returned to the safety of their families. I think that does not contradict what Mr President has said that we have defeated Boko.
“Of course anybody who is familiar with the philosophy of insurgency will understand that it is not the regular kind of war where you sign an armistice and the guns become silent forever, but rather it is a kind of guerrilla war.
“But what Mr President said, which cannot be contradicted, is that as of May 29, 2015, when he took over, we had a chunk of our territory in the hands of Boko Haram. As at 2015, a part of the Northeast could not be accessed because of the activities of the terrorists, but the same cannot be said about the area today,” the Minister disclosed on the programme, where he appeared side by side with the BBOG Co-Convener, Mrs Oby Ezekwesili.
Furthermore, the Minister said, “I want us to put things in correct perspective. Yes, the issue of the kidnap or abduction of the Chibok girls is one that should affect everybody, it is not out of place for anyone to be emotional about it but at the same time we must be rational in our approach to the issue.
“Yes, today might be 901 days since the girls were abducted but it must also be understood that these girls were abducted 400 days before this government came to power, this must not be forgotten and by the time we came in, the trails had gone cold.
“The first 48 hours after any kidnapping constitute the most critical period.
“If you listen to my press conference some weeks ago with respect to the failed negotiations, it is clear that every occasion starting from the one in August 2015 where for 10 days we were at the appointed point where Boko Haram fighters were supposed to be exchanged with the Chibok girls, the factionalisation of Boko Haram played a key role in our inability to secure the release of the girls,” he said.
According to him, there is no contradiction between the President’s statement that there is so far no credible leadership of the Boko Haram to engage with and the fact that the government has tried three times to strike a deal for the release of their girls.
“Like I explained at that press conference, right from the time when we were approached that Boko Haram leadership wanted to exchange the girls for their people, Mr President was quite worried because they (Boko Haram) insisted that some of the terrorists who were actually the masterminds behind the bombings should be included on the list of those to be released.
“Despite that, the president accepted and the entire process was activated but for 10 days we were there and there was breakdown of communication and nothing was achieved. So that was what Mr President meant when he said ‘yes we are ready to negotiate but that we need a credible leadership to engage with’,” he explained.
By Modupe Gbadeyanka
The Economic and Financial Crimes Commission (EFCC) has explained why it initiated a move to freeze the bank account of the Osun State government.
Earlier on Wednesday, the Governor of Osun State, Mr Ademola Adeleke, claimed that the anti-money laundering agency asked one of its bankers, First Bank, not to release funds to the state government.
According to the Governor, this was part of the strategies to frustrate his administration ahead of the August 15, 2026, governorship election in the state.
Reacting to the issue on Wednesday night, the EFCC, in a statement, said it has been investigating the state government since March 2026 over an alleged “fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee (FAAC) account to the tune of N11.0 billion.
The organisation noted that some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC.
“These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026.
“The commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved,” parts of the statement said.
In the disclosure, the agency noted that its preventive mandate is a public-inclined framework of safeguarding public funds, assets and resources, stressing that it cannot “watch idly while a state government’s account is being pillaged.”
“While the commission is fully aware of the impending governorship election in Osun State, it has a responsibility to act in defence of the sanctity of the funds of the state. It will be uncharitable for the commission to allow an excuse of an upcoming election to fold its arms to perform its legally-assigned functions,” it pointed out.
The EFCC disclosed that it is “keeping watch over the finances of other states like Osun State. Many of these states are on the investigative radar of the commission to ensure accountability and probity. The commission has always pointed out that it is non-partisan and non-sectarian but always working in the overall interests of Nigerians. The Osun State government account was frozen to save public funds from being looted.”
The organisation urged the public “to ignore false narratives and deliberate demonisation of the works of the EFCC. The interests of all Nigerians are greater and will always be protected by the commission.”
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has launched a mobile application designed to monitor fuel consumption patterns in real time across retail outlets nationwide.
The NMDPRA, established under the Petroleum Industry Act (PIA) 2021, is responsible for the technical and commercial regulation of Nigeria’s midstream and downstream petroleum operations. The deployment of the mobile application aligns with the authority’s broader efforts to leverage technology to improve regulatory compliance and strengthen accountability.
The pilot phase of the project began on August 1 in Abuja and its six Area Councils, the authority said in a statement published on X.
As part of the rollout, the Executive Director for Distribution Systems, Storage and Retailing Infrastructure (DSSRI), Mr Ogbugo Ukoha, led a team alongside officials from the Abuja Regional Office to assess the readiness and operational performance of the digital platform at participating retail outlets.
According to the NMDPRA, the application captures inventory and compliance data in real time, enabling regulators to monitor fuel distribution more effectively while improving operational efficiency across the sector.
The authority said the platform would generate reliable, data-driven insights to support evidence-based decision-making, strengthen national energy security planning and enhance transparency in the downstream petroleum industry.
It added that the initiative is expected to provide significant value to government, investors, operators and other stakeholders by improving access to accurate fuel consumption and compliance data.
Nigeria’s downstream petroleum sector has undergone significant changes since the deregulation of the petrol market and the removal of fuel subsidies, with regulators placing greater emphasis on data-driven supervision to ensure product availability, prevent supply disruptions and discourage sharp regional disparities in distribution.
By Modupe Gbadeyanka
No doubt, moving money among African markets remains a slow, fragmented process that relies on multiple intermediaries and prolonged settlement cycles.
To solve this issue and drive the development of stablecoin-enabled payment services for businesses across the continent, Onafriq has joined forces with a leading stablecoin infrastructure provider, Privy.
The collaboration will enable Onafriq to create and manage embedded digital asset solutions for its partners and, in time, institutional clients where regulation allows. The initial phase focuses on cross-chain stablecoin transfers and treasury and settlement workflows, creating the foundation for future cross-border payment and liquidity solutions.
Integrating Privy’s secure infrastructure enables Onafriq to build the capabilities required to support a new generation of efficient digital payment services for banks, fintechs, and mobile money operators.
This partnership is a key component of Onafriq’s broader strategy to modernise pan-African payment infrastructure, enabling secure multi-modal wallets and more efficient movement of value across the continent.
The outcome will support a range of future institutional use cases, including stablecoin-enabled settlement, treasury management and liquidity services, as it reflects Onafriq’s commitment to driving Africa’s digital transformation agenda by investing in technologies that make financial services more efficient, connected and accessible.
It was gathered that Onafriq selected Privy for its enterprise-grade infrastructure to enable the seamless integration of digital asset wallet capabilities into its products, subject to regulatory approval, and deliver a simple user experience while abstracting the complexity of blockchain technology.
“At Onafriq, we keep investing in technology that makes payments faster and more accessible. Privy gives us a building block for faster settlement and better liquidity management. As demand for digital asset services grows, our goal is to ensure Africa’s payment ecosystem benefits securely and in line with regulatory frameworks,” the Group Chief Product and Innovation Officer at Onafriq,” Mr Luke Kyohere, said.
The chief executive of Privy, Mr Henri Stern, said, “Stablecoins will play an increasingly important role in the future of global payments, but real-world adoption depends on infrastructure that is secure, scalable and simple to implement. Working with Onafriq allows us to help build that foundation across Africa and beyond.”
