General
Customs Stops Trucks Loaded With Smuggled Rice, Cannabis

By Modupe Gbadeyanka
The Nigeria Customs Service, Federal Operations Unit Zone C Owerri has intercepted trucks loaded with smuggled foreign rice, adulterated petroleum products, cannabis among other prohibited items.
Confirming the development at a media briefing, the Customs Area Controller, Mr Mohammed Uba Garba said a trailer truck with registration number GBB 85 XA suspected to be carrying adulterated diesel petroleum product was intercepted by the Nigeria Customs along Aba-Owerri road.
He said, “The exhibit was discovered to have been hidden in a specially constructed tank for illegal bunkering and also concealed with 256 sacks of expired animal feeds to evade arrest.
“The seized adulterated petroleum product causes blockages of heavy duty machines and generators, which equally emit hazardous carbon monoxide, that are detrimental to the health.”
Comptroller Mohammed said that a suspect who gave his name as Chibuzor Njoku was arrested in connection with the crime and would be handed over to the Nigeria Security and Civil defense corps for prosecution.
Comptroller Mohammed also disclosed that a 1 X 40” container with marks numbers MRKU 254564 loaded with 1,017 sacks of 50kg cannabis (Indian hemp) estimated at over #16,000,000 was intercepted on the Benin-Shagamu road.
According to him, the only suspect – James idoko who claimed to be a student upon interrogation attempted to deceive the Customs men by fraudulently presenting copies of suspected fake customs processed document on importation which was contrary to what was contained in the container.
The controller added that “the suspect offered a bribe of #350,000.00 in an attempt to avoid arrest. He is currently in custody with the bribe money which now serves as an exhibit along with the container load of cannabis awaiting the estimated value from the relevant agency – NDLEA.”
“The increasing tempo of criminality, violence and juvenile delinquency among the youth is traceable to the rampant consumption of hard drugs such as marijuana hence the clamp down on those involved in the illicit business.
“Consumption of cannabis also affects family relationship and we must fight it to the last so as to have a better society,” he stated.
The Customs Controller who subsequently handed over the seized items and the suspect to the Principal Staff Officer (Operation and Intelligence) of the NDLEA Edo State Command Timothy Adewole for further investigation assured that the NCS would continue to collaborate and work in synergy with sister organizations such as NDLEA, NSCDC, NAFDAC to smoothen its operations.
Furthermore, Comptroller Mohammed said that a MAN diesel truck with registration number KRV 238 XB carrying 725 different brand of 50 kg foreign rice with Duty Paid Value of #24,650,000. 00 suspected to have been smuggled into the country through the numerous creeks in Calabar/Cameroun border was similarly intercepted by his men this month.
He said that a suspect who gave his name as Mr Fredrick Eze and claimed to be a representative of the owners of the exhibit was arrested.
The Customs Area Controller regretted that the penchant for foreign products by some Nigerians has continued to deal a devastating blow to the nation and her economy while many families have been thrown into agony as a result of the ceaseless unpatriotic activities of smugglers.
He noted that while the nation has continued to lose huge revenue, many lives have been lost consequent upon the unabated practice of smuggling.
He therefore advised Nigerians to imbibe a greater sense of patriotism in line with “the change begins with me” mantra recently launched by Mr. President by eschewing all acts and conducts inimical to the nation.
General
Datti Baba-Ahmed Dumps Labour Party, Joins PRP
By Modupe Gbadeyanka
The vice-presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Datti Baba-Ahmed, has left the party to join the Peoples Redemption Party (PRP).
Speaking on Channels Television’s Politics Today, the politician said he’s no longer interested in the way the Labour Party was being run.
He disclosed that there is no more peace in the political party he flew its flag in the last general elections because of greed.
He accused the ruling All Progressives Congress (APC) of destabilising opposition political parties to ensure President Bola Tinubu does not have a credible opponent in the 2027 presidential poll.
“What the Labour Party stood for is not the same now. We have a government of today which is interested in destroying other political parties,” he said.
“I am leaving the Labour Party tomorrow (today) by 12 midnight,” Mr Baba-Ahmed said when asked about his plans for next year.
I am leaving the Labour Party [at] midnight, and I am joining PRP. PRP is the new destination. PRP is the one with a history. It’s about 75 years old,” he further stated.
He further said, “When there was real peace in the Labour Party, someone was redeployed to the Labour Party and because of the antecedents of the person, [I don’t see things getting better].
PRP, a progressive Nigerian political party, was established in 1978 by Mallam Aminu Kano. It is rooted in social democratic principles and populist ideology, often focusing on the empowerment of the talakawa (common people).
Its current National Chairman, according to data obtained from the website of the Independent National Electoral Commission (INEC), is Mr Falalu Bello, while the National Secretary is Mr Babatunde F. Alli.

General
We Prioritised Personal Pension Plan, Others for Robust Pension System— PenCom
By Modupe Gbadeyanka
The Director General of the National Pension Commission (PenCom), Ms Omolola Oloworaran, has highlighted strategies deployed by her organisation to ensure pension coverage is deepened in Nigeria.
Speaking at the ISSA Technical Seminar in Abuja recently, she said the steps taken were to build a more inclusive, transparent, and responsive pension system, where communication serves not just as information, but as a bridge to trust, accessibility, and sustained industry growth.
According to her, the Contributory Pension Scheme (CPS) has, over more than two decades, built a strong institutional foundation, but true inclusion goes beyond coverage to require trust and clear communication.
For this reason, PenCom has prioritised the Personal Pension Plan, strengthened stakeholder engagement, and invested in digital channels that reach contributors in accessible and relatable ways, she stated.
Ms Oloworaran further stressed that, “Effective communication is not a soft complement to regulation; it is a core instrument of coverage expansion, compliance, and public confidence.
“Every circular we issue, every benefit we pay, and every reform we introduce ultimately succeeds or fails on whether our members can understand it and act on it.”
The ISSA Technical Seminar, themed Improving Inclusivity and Accessibility of Social Security Services Through Effective Communication, was organised in collaboration with the International Social Security Association (ISSA).
It brought together key stakeholders across West Africa to advance dialogue on strengthening social security systems through clearer, more inclusive engagement.
General
Nnaji Expresses Worry Over Lack of Power Plant Financing
By Adedapo Adesanya
Former Minister of Power, Mr Barth Nnaji, has run to the rooftop to declare that Nigeria has not secured financing for any major power plant in more than a decade, blaming policy reversals and weak government commitment for the prolonged investment drought.
Speaking at the Nigerian Association for Energy Economics conference in Lagos, Mr Nnaji said the country’s power sector lost momentum after a promising financing framework introduced under his watch was abandoned following a change in administration.
According to him, the partial risk guarantee instrument developed jointly with former Finance Minister, Mrs Ngozi Okonjo-Iweala, had begun attracting international investors by reducing the risks associated with power projects in Nigeria.
“The world was galloping to us to finance power plants because we were getting a service guarantee,” he said, noting that the framework helped secure funding for the Azura-Edo Power Station, one of Nigeria’s most significant independent power projects.
However, he said the policy was scrapped after the administration changed, abruptly halting investor interest.
“Till today, we have not financed any new major power plant in Nigeria. That’s about 11 years ago,” he said.
Mr Nnaji argued that policy inconsistency remains one of the biggest obstacles to power sector growth, without clear, stable and bankable policies.
He said Nigeria will continue to struggle to attract the long-term capital required for large-scale electricity projects.
He also urged Nigeria to adopt a pragmatic approach to energy transition, stressing that natural gas should remain the backbone of the country’s power strategy. With more than 210 trillion cubic feet of proven gas reserves, he said Nigeria is well-positioned to use gas as a bridge fuel for industrialisation and economic growth over the next two decades.
Yet, despite these vast reserves, inadequate infrastructure continues to constrain supply.
Mr Nnaji noted that the Nigeria LNG Limited is operating at only about 60 per cent of capacity due to insufficient gas availability, highlighting the urgent need for greater investment in gas production, processing and transportation.
He also cited the long-delayed Mambilla Hydroelectric Power Station as a symbol of Nigeria’s execution failures. Although technically viable, the project has remained on the drawing board for more than 40 years because of weak political will and inconsistent implementation.
He noted that Nigeria’s power challenge is not a lack of resources but a failure of execution. With an installed generation capacity of about 13,000 megawatts, the country still produces only 4,000 to 5,000 megawatts on average. Until policy becomes consistent and infrastructure investment accelerates, reliable electricity will remain frustratingly out of reach for millions of Nigerians.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
