General
Civil Society Organisation Lauds INEC on PVC Collection
By Adedapo Adesanya
The Committee for the Protection of Peoples Mandate (CPPM) has lauded the Independent National Electoral Commission (INEC) for ensuring adequate Permanent Voters’ Card (PVC) collection, especially at the ward level.
In a statement made available to Business Post by Mr Nelson Ekujumi, its Executive Chairman, the committee said it mobilized its personnel to observe the process in Lagos State and also monitored reports via the media and other sources, and as a result, it is “confidently passing a vote of confidence on INEC for its professionalism and dedication to the seamlessness of the process.”
“We make bold to state that our physical observation and monitoring of collection of PVC at various wards centres across Lagos State shows a fairly encouraging turnout of registrants on a daily basis,” the group said.
It revealed that it monitored wards across Oshodi, Agege, Alimosho, Apapa, Ajeromi Ifelodun, Ikorodu, Badagry, Kosofe and Ikeja local government council areas of Lagos State, adding that this revealed an average of 100 registrants collecting their PVCs daily.
“If we juxtapose these figures, which are almost uniform across the board with our people’s attitude to public interest issues, we are of the view that the turnout so far is encouraging though we recognize that we can still do better, hence the need to admonish all stakeholders to upscale the sensitization so that more people can come out to collect their PVC before the extended closing date of January 29th 2023,” CPPM submitted.
The organisation added that the electoral body has lived up to the billing in line with its mandate as enshrined in the Electoral Act.
In the same breath, the group admonished INEC to increase its staff strength at the centres to reduce the collection time by the registrants, which it identified as an area of shortcomings in the process.
“However, we are not oblivious to the attempts by anti-democratic elements and agents of destabilization to impugn the integrity of the process through blackmail of fake news, falsehood, and misinformation just to discredit INEC and derail our democracy. We must report that from our observation of the process so far, most alarms of falsehoods of ethnicization of the collection of the PVC have not been substantiated in any of the collection centres visited by our crew.
“We at CPPM hereby call on INEC to continue to monitor the process to sustain its integrity which is under threat from fake news by anti-democratic elements and agents of anarchy, just as we admonish the electoral umpire to collaborate with the security agencies in investigating any observed or reported shortcomings and do the needful to arrest the situation as well as the arrest and prosecution of peddlers of fake news and misinformation who have become the greatest threat to our democracy and society.
“As we countdown to January 29th 2023, the closing date for the collection of PVC across the country, the Committee for the Protection of Peoples Mandate (CPPM) calls on Nigerians who are yet to pick their PVC to ensure that they go out to collect theirs notwithstanding the little inconvenience of the crowd at some centres so that collectively we will determine with our votes at the polls, our political destiny for a peaceful, progressive and prosperous Federal Republic of Nigeria,” the statement read.
General
Court Affirms Seizure of $13m from Aisha Achimugu, Oceangate
By Adedapo Adesanya
Justice Emeka Nwite of the Federal High Court in Abuja has affirmed the final forfeiture of $13 million linked to a Lagos socialite, Ms Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Limited, to the federal government of Nigeria.
Delivering judgment, Justice Nwite held that the Economic and Financial Crimes Commission (EFCC) established that the foreign currency was proceeds of fraud and unlawful activities.
The judge further held that Oceangate Engineering Oil & Gas Limited failed to establish how it came by the money, saying the anti-money laundering agency satisfied all requirements for the funds to be classified as proceeds of fraud and to be forfeited to the appropriate authority.
He dismissed the claims that the $13 million was gifts received into the Oceangate Engineering Company by Ms Achimugu, adding that the woman never came to the court to show cause why the huge amount of money should not be forfeited to the government.
He held that no single person who gave the monetary gift to Aisha Achimugu to the tune of $13 million was called to testify.
The judge further held that the burden to establish genuine ownership of the money was not established by the applicant to counter the claims of the anti- graft agency that the money was the proceeds of fraud based on its investigation.
According to the judge, Oceangate Engineering Company did not show the business it undertook that fetched it the money, nor did it show whether any payment was made to it by any of its customers.
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.
General
FG Targets Research Commercialisation with New Committee
By Adedapo Adesanya
The federal government has inaugurated a 17-member Planning Committee to coordinate the National Flag-Off of the Energise Commercialisation Now (ECoN) Initiative, a flagship programme aimed at transforming research outputs into economic value.
Speaking at the inauguration in Abuja, the Permanent Secretary of the Ministry of Innovation, Science and Technology, Mr Philip Ndiomu Ebiogeh, described the initiative as a strategic intervention to convert Nigeria’s vast research and innovation outputs into market-ready products, scalable enterprises, and job-creating opportunities.
He noted that ECoN will mobilise stakeholders nationwide to identify bankable innovations and accelerate their transition from laboratories to the marketplace, stressing that the country must move beyond theoretical research to practical solutions that drive industrial growth and national prosperity.
The Permanent Secretary disclosed that the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, had earlier briefed the First Lady, Mrs Oluremi Tinubu, on the initiative and proposed her as a champion of the programme, with the national flag-off scheduled for Kano State.
He explained that Kano was deliberately selected due to its historic role as a commercial and industrial hub, offering strong potential to attract investment, stimulate enterprise, and create jobs.
The Committee is chaired by the Minister, with the Permanent Secretary as Co-Chairman, while the Director-General, National Biotechnology Research and Development Agency, NBRDA, and the Director-General, Sheda Science and Technology Complex, SHESTCO, serve as Alternate Chairmen.
Members include Professor Nnayelugo Ike-Muonso, Dr Kazeem Kolawole Raji, Dr Jummai Adamu, Dr (Mrs) Obiageli Amadiobi, Dr Kabiru Mu’azu, Dr Anwal Mustapha, Engr Ibiam Oguejiofo, Mr Moses Fatogun, Mr Adamu Sulaiman (a representative of SMEDAN), Dr Prince Lawrence Eze, Mr Sani Garba, Dr Muhammad Mustapha, Dr Chioma Okeke, Mr Luther Onyemkpa, Mr Charles Egumgbe, and Dr Nwankwo Nnenna serving as Secretary.
The national flag-off is proposed for late April or early May 2026, subject to Presidential approval.
The Ministry reaffirmed its commitment to positioning innovation as a key driver of economic diversification and sustainable development, in line with President Bola Tinubu’s Renewed Hope Agenda.
General
MSC Pauses Tariff Hike After Nigerian Shippers Council’s Directive
By Adedapo Adesanya
Switzerland-headquartered global shipping giant, Mediterranean Shipping Company (MSC), has complied with the directive of the Nigerian Shippers’ Council (NSC) to suspend the implementation of its new tariff pending consultations with stakeholders.
In a customer advisory titled Temporary Suspension of New Tariff Implementation, the shipping line stated that the tariff regime in place before the recent increase would remain effective until further notice.
Business Post reported a few days ago that freight forwarders picketed the offices of MSC, protesting the recent increase in shipping line tariffs. They blocked the regulators from accessing the MSC premises to address the matter.
Despite the protests, the council’s attempt to engage the aggrieved freight forwarders in discussions was resisted, as the protesters insisted that there was no basis for dialogue and vowed to continue the protest until the increased charges were immediately reversed.
In the latest directive, the shipping company said, “We wish to inform our esteemed customers that the recently implemented tariff adjustment has been temporarily suspended, following a directive from the NSC. This suspension is pending the conclusion of ongoing engagements and resolution with the regulator.”
“Accordingly, the tariff regime applicable prior to the recent increase will remain in force until further notice, as mandated.”
The company further assured customers that updates would be communicated once a final decision is reached by the Nigerian Shippers’ Council.
“We remain fully committed to regulatory compliance, transparency, and protecting the interests of our customers. Further updates will be communicated promptly once a definitive position is issued by the Nigerian Shippers’ Council. We appreciate your understanding and continued cooperation,” the advisory added.
NSC had warned that prolonged industrial disputes within the maritime sector could disrupt port operations and negatively impact trade and economic activities.
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