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Deep Blue Project Curbs Piracy Attacks on Gulf of Guinea

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Piracy Attacks

By Sodeinde Temidayo David

The Nigerian Maritime Administration and Safety Agency (NIMASA) has revealed that the deployment of the Deep Blue Project assets since February has reduced the risk of piracy in the Gulf of Guinea and the Nigerian Waters.

The agency, according to its Director-General of NIMASA, Mr Bashir Jamoh, also stated that it led to the end of War Risk Insurance premium on Nigeria bound cargoes.

At a meeting with the Executive Secretary of the Nigerian Shippers Council (NSC), Mr Emmanuel Jime, on Sunday, the NIMASA boss revealed that the international shipping community had acknowledged the progress made by Nigeria in a bid to reduce piracy in the Gulf of Guinea as reported by the International Maritime Bureau (IMB).

He said that reduced incidents which would be in the IMB’s second-quarter report were valuable feedback on the agency’s campaign for Nigeria’s delisting from countries under the war risk insurance burden

“Feedback on our campaign for Nigeria to be removed from countries paying war risk insurance premium on inbound cargoes has confirmed that the international shipping community is watching developments in Nigeria and the Gulf of Guinea with keen interest,” he was quoted as saying in a statement.

Mr Jamoh added that his organisation’s desire is to see the sustainability of the positive developments in recent times, which will ensure an extreme decline in piracy attacks in Nigerian waters and the Gulf of Guinea.

He noted that since the deployment of the Deep Blue Project assets in February, there has been a steady decline in piracy attacks on Nigerian waters, on a monthly basis.

He also added that with adequate sensitisation of the international shipping community, the quest to be removed from nations considered to have dangerous waters will soon come to pass for the benefit of Nigerian shippers.

According to the report of the IMB, globally, there were 68 incidents of piracy and armed robbery against ships, which is the lowest recorded since 1994 down from 98 incidents last year.

The Gulf of Guinea region led globally with 32 per cent of all reported incidents and accounted for all 50 kidnapped crew and the single crew fatality recorded during the first half of 2021.

However, it was noted that the number of kidnappings in the region reached its lowest level since the half-year of 2019.

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Tinubu Leaves Nigeria Monday for Türkiye on State Visit

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Tinubu Türkiye

By Aduragbemi Omiyale

On Monday, January 26, 2026, President Bola Tinubu will leave Abuja for Türkiye for a state visit aimed at “strengthening the existing cordial relations between the two countries and exploring further areas of cooperation in security, education, social development, innovation, and aviation.”

This is according to a statement issued on Sunday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga.

The president’s spokesman disclosed that the visit is to reciprocate an official two-day visit of Turkish President, Mr Recep Tayyip Erdogan, to Nigeria on October 19, 2021.

Mr Tinubu, according to the statement, will be going to European nation along with other senior government officials, including the Minister of Foreign Affairs, Mr Yusuf Tuggar; the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN); the Minister of Defence, Mr Christopher Musa; and the chairman of the House Committee on Defence, Mr Jimi Benson.

Others on the entourage of the president are the Minister of Women Affairs and Social Development, Ms Imaan Suleiman-Ibrahim; the Minister of Interior, Mr Olubunmi Tunji-Ojo; the Minister of Culture and Creative Economy, Ms Hannatu Musawa; the National Security Adviser (NSA), Mr Nuhu Ribadu; and the Director-General of the National Intelligence Agency (NIA), Mr Mohammed Mohammed.

During the visit, both countries will engage in strategic political and diplomatic discussions on shared values in finance, communication, trade and investment.

The agenda will include meetings between high-ranking officials of both nations and the signing of memoranda of understanding (MoUs) in scientific research, energy, technical cooperation, media and communications, military cooperation and protocol, among others.

A business forum will bring together investors from both countries to explore areas of interest during the visit, with Mr Tinubu expected to return to Nigeria afterwards.

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Lagos, NGX Group, HEI Expand Project BLOOM to Alimosho

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NGX group Project Bloom alimosho

By Aduragbemi Omiyale

Over 120 malnourished children in Alimosho Local Government Area of Lagos State have been given nutritional support, medical screening, and caregiver education.

This was made possible through an initiative known as the Project BLOOM (Bringing Life to Our Overlooked Minors) put together by the Nigerian Exchange (NGX) Group Plc in partnership with the Lagos State government and the Health Emergency Initiative (HEI).

NGX Group staff volunteers worked alongside Lagos State health workers and HEI facilitators during the outreach, assisting with screenings and data recording. Structured follow-up visits are scheduled after four weeks to monitor recovery and provide extended care where necessary.

The Alimosho programme was the third under the initiative. The beneficiaries were hosted at the Lagos State Health District I.

Earlier, the initiative benefitted residents of Yaba and Ajegunle. Over 320 children and 300 caregivers were reached, with monitoring data showing that more than 50 per cent of beneficiaries in the first two phases entered recovery.

The chief executive of NGX Group, Mr Temi Popoola, linked the initiative to broader economic resilience, saying, “Sustainable capital markets are built on strong social foundations. The recovery rates we see with Project BLOOM prove that targeted, collaborative action between the public sector, civil society, and the private sector can deliver tangible impact.”

Also, the Executive Director of HEI, Achunine Pascal, said child malnutrition remains a major contributor to under-five mortality in Nigeria, adding that Project BLOOM is designed to go beyond immediate food support through structured follow-up and continued care.

On his part, the chairman of Alimosho Local Government Area, Mr Akinpelu Ibrahim Johnson, said the initiative supports the council’s long-term strategy for improving child nutrition through early detection, prevention, and effective management of malnutrition.

Representing the Permanent Secretary, Lagos State Health District I, Dr. Solomon Adeyanju commended NGX Group for its commitment to child health, describing Project BLOOM as a valuable complement to the state’s primary healthcare efforts.

With additional outreaches planned, the partners reaffirmed their commitment to reducing preventable child mortality while strengthening the social foundations required for sustainable economic growth.

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SERAP Sues Adelabu, NBET Over Alleged Missing N128bn

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Adebayo Adelabu

By Adedapo Adesanya

The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Minister of Power, Mr Adebayo Adelabu, and the Nigerian Bulk Electricity Trading (NBET) Plc before a Federal High Court in Abuja over their failure to account for an alleged missing N128 billion public funds.

The group in a statement on Sunday by its Deputy Director, Mr Kolawole Oluwadare, said the suit, marked FHC/ABJ/CS/143/2026, was filed last Friday following allegations contained in the Auditor-General of the Federation’s report published on September 9, 2025.

In the lawsuit, SERAP is seeking an order of mandamus compelling Mr Adelabu and NBET to account for what it described as “the missing or diverted N128bn from the Ministry of Power and NBET.”

The organisation is also asking the court to direct the defendants to disclose “details of how the missing or diverted N128bn was spent, including the dates of disbursement and the purported beneficiaries or contractors who received the money.”

SERAP further urged the court to compel the disclosure of “the full names, official designations and offices of all public officers who authorised, approved or otherwise participated in the release of the missing or diverted N128bn.”

According to the group, Nigerians have continued to suffer the consequences of corruption in the electricity sector, particularly amid recurring grid collapses and erratic power supply.

“Nigerians continue to pay the price for the widespread and grand corruption in the power sector,” the group said, adding that “there is a legitimate public interest in ensuring justice and accountability for these grave allegations,” arguing that granting the reliefs sought would help tackle systemic failures in the sector.

“Granting the reliefs sought would contribute to tackling corruption in the power sector and addressing the persistent breakdown of transmission lines in the country, as well as improving access of Nigerians to regular and uninterrupted electricity supply,” it stated.

The group further warned that corruption has deepened hardship for electricity consumers, noting that “ordinary Nigerians continue to pay the price for corruption in the electricity sector—staying in darkness, but still made to pay crazy electricity bills.”

The suit, filed by SERAP’s lawyers, Mr Kolawole Oluwadare, Ms Kehinde Oyewumi and Mr Andrew Nwankwo, relied heavily on findings from the Auditor-General’s 2022 audited report, which detailed multiple alleged financial irregularities involving the Ministry of Power and NBET.

The organisation stressed that public institutions are legally bound to ensure transparency, accountability, and the abolition of corrupt practices.

No date has been fixed for the hearing of the suit.

Business Post had reported earlier that Mr Adelabu claimed that the missing money happened prior to his appointment as the minister of power.

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