General
Digital Switch-Over: Pinnacle Absolves Self of Fraud Allegation
Pinnacle Communications Limited, the private licensed signal distributor for the Federal Government’s approved implementation of the Transition from Analogue to Digital Terrestrial Television (DTT) Broadcasting in Nigeria, has absolved the firm of alleged complicity and misapplication of money meant for the implementation of the digital switch-over (DSO) project.
The management of the company in a statement issued over the weekend, dismissed as untrue, false and unsubstantiated the media reports linking it with the allegation that N2.5 billion seed grant released to the National Broadcasting Commission (NBC) for the project had been misapplied. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) was reported s investigating the allegation.
In the statement by the Chief Operating Officer, Dipo Onifade, Pinnacle Communications stated that the firm has always been transparent in all its dealings with the NBC and it has discharged its obligations on the digital switch-over project in compliance with the terms and conditions of the contract.
“To this extent therefore, all transactions between NBC and Pinnacle Communications have always been transparent and within the official approved operational guidelines and regulations as processed and executed by the NBC and in compliance with the terms and conditions of the license for signal distribution that Pinnacle Communications duly obtained”, he said.
Onifade stated that it became necessary to make the clarifications in view of the deliberate omission and distortion in the media reports that were based on the statement purportedly issued by ICPC spokesperson, Rasheedat Okoduwa, disclosing that the Commission was investigating NBC, its Director General, Dr. Ishaq Moddibbo Kawu, and other top management staff of the agency over their alleged involvements in the misapplication of the of N2.5 billion seed grant.
Pinnacle Communications further said it is the only private licensed signal distributor for the DSO initiative in accordance with the 2012 Government White Paper under section 11.2 (a) which approved that “more than one signal distributor be licensed in addition to NTA, the public licensed signal distributor. Another signal distributor should be licensed immediately.”
He added further that the firm was awarded the licence in 2014 having emerged the successful bidder out of nine companies that participated in the rigorous public tender and in full compliance with due process requirements.
“Since then, Pinnacle Communications Limited has been a major facilitator of the Digital Switch Over (DSO) implementation process in Nigeria, notably as the broadcast signal distributor for the National Launch of the DSO in Abuja in 2016 at its state-of-the-art Broadcast Centre on Mpape Hill, performed by His Excellency, Yemi Osinbajo, Vice President of the Federal Republic of Nigeria. The Company was also responsible for the Kaduna Digital Broadcast Signal Distribution Centre commissioned in 2017 by the Kaduna State Governor, His Excellency, Nasir Ahmed El-Rufai”, he affirmed.
Onifade dismissed the alleged statements attributed to the ICPC spokesperson that Pinnacle Communications was “fraudulently recommended to the Minister of Information and Culture for the release of N2.5 billion against the guidelines contained in the White Paper” and further reference to Pinnacle Communications as “an unqualified company.”
“The 2014 licensing of Pinnacle Communications in the DSO predates the appointment of the current DG of NBC in 2016”, the company said, stressing that DTT Broadcast Engineering is a field in which it has earned recognition and patronage for more than two decades of expertise and dependability of world class service and installations across Nigeria.
It further dismissed the confusion created by the ICPC spokesperson saying, “Neither the DSO nor Pinnacle Communications Limited has anything to do with “migration of telephone lines from analogue to digital platforms” as the ICPC spokesperson is alleged to have stated.”
“Pinnacle Communications further maintains that the facts and clarifications provided above sufficiently define the context and extent of its involvement in the implementation of the DSO program in Nigeria and the nature of its working relationship with the National Broadcasting Commission (NBC)”, it noted.
Onifade also stated, “We wish to clearly emphasise that Pinnacle Communications Limited has not and cannot as a licensee of NBC trespass into the statutory functions of the NBC and/or the Federal Ministry of Information on the implementation of the DSO program.”
The firm added, “Having made all the necessary statements in response to the ICPC’s investigations and taking cognisance of the pendency of Suit No. FHC/ABJ/CS/779/2018 that Pinnacle Communications instituted in July 2018 in the Federal High Court, Abuja on a related matter against ICPC and two others, (not related to stopping any investigation by ICPC) Pinnacle Communications considers it unprofessional, ill-advised, injudicious, prejudicial and unfair for the ICPC spokesperson to make as alleged random references to disjointed portions of comprehensive submissions to its investigators, clearly skewed to portray Pinnacle Communications Limited as complicit in the alleged or any “misapplication” of funds by the NBC, over which Pinnacle Communications have no responsibility or control. Pinnacle Communications challenges the ICPC spokesperson, if the alleged press release was indeed made by her, to publish the full statements made to the ICPC by Pinnacle officials.”
It said, “Moreover, if truly made, the ICPC statement went beyond mere announcement of on-going investigations into the realm of unsubstantiated incriminations in the fashion of trial-by-media that invariably paints a premature and amateur picture of guilt, prior to judicial determination.
Onifade assured the NBC, stakeholders in the DSO, its staff, international and local business associates and numerous clients that it remains committed to meeting all its obligations notwithstanding the malicious statement by the ICPC spokesperson.
General
Nigeria, Ghana Sign Bilateral Maritime Cooperation
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Ghana Maritime Authority (GMA) have signed a Memorandum of Understanding (MoU) to strengthen bilateral maritime cooperation, enhance regional maritime governance, and promote the sustainable development of the Blue Economy across West Africa.
Speaking during the signing ceremony in Lagos, the Director General of NIMASA, Mr Dayo Mobereola, expressed appreciation to Ghana for its support during Nigeria’s successful re-election to the International Maritime Organisation (IMO) Category C Council, noting that the longstanding relationship between both countries continues to advance maritime development within the region.
He stated that the MoU provides a practical framework for deeper collaboration in maritime safety and security, mutual recognition of Certificates of Competency (CoC), institutional capacity building, knowledge sharing, comparative research, joint enforcement initiatives, and regional cooperation at international maritime fora.
According to Mr Mobereola, the partnership must be driven by measurable outcomes through a structured implementation process.
“We will continue to work together to grow our economies and make the maritime sector safer. This Memorandum of Understanding is a commitment to do better. NIMASA will fully play its part in implementing the agreement, while both institutions must establish annual implementation agendas to monitor progress and deliver tangible results,” he said.
The NIMASA DG noted that Nigeria and Ghana, as leading maritime nations in the sub-region, have a shared responsibility to shape the future of maritime development in West and Central Africa.
He added that the partnership should generate benefits that extend beyond both countries by fostering regional and sub-regional collaboration capable of unlocking the enormous potential of the Blue Economy.
Under the agreement, both maritime administrations will establish a Joint Consultative Team (JCT) to develop action plans, coordinate implementation, and monitor agreed programmes through designated focal persons.
The JCT will meet twice yearly, with meetings hosted alternately by Nigeria and Ghana to review implementation progress, evaluate cooperation activities, and strengthen bilateral engagement.
The MoU is expected to improve maritime governance, strengthen institutional capacity, promote evidence-based policymaking through comparative research, enhance regulatory effectiveness, and reinforce collaborative efforts to combat piracy, armed robbery at sea, and maritime terrorism, particularly within the Gulf of Guinea.
Earlier in his remarks, the Director General of the Ghana Maritime Authority, Mr Kamal-Deen Ali, described the agreement as a significant milestone in the longstanding relationship between both maritime administrations.
He acknowledged Nigeria’s leadership role within the region, noting that Ghana has over the years drawn valuable lessons from several Nigerian maritime initiatives, including the country’s Cabotage regime, ship registry, and regulatory frameworks.
“This Memorandum of Understanding consolidates an already mutually beneficial relationship. Ghana remains fully committed to implementing every aspect of the agreement as we continue to learn from one another and work together to strengthen maritime administration across the region,” he said.
The signing of the MoU underscores the commitment of both maritime administrations to advancing regional integration, improving maritime safety and security, and promoting sustainable economic growth through stronger institutional collaboration.
General
SERAP Questions NASS on N1.3bn Budgetary Allocation to Phantom Presidential Council
By Adedapo Adesanya
The Socio-Economic Rights and Accountability Project (SERAP) has asked Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas to explain how over N1.3 billion was allocated in the 2026 Appropriation Act to a presidential council that the Presidency has described as non-existent.
In a Freedom of Information (FoI) request dated July 4, 2026, and signed by its Deputy Director, Mr Kolawole Oluwadare, SERAP demanded certified copies of all documents relating to the approval of the N1,302,978,784 allocation to the Presidential Foreign Intervention Promotion Council (PFIPC), also referred to in the budget as the Presidential Economic Advisory Council.
The organisation also urged the leadership of the National Assembly (NASS) to immediately invoke its investigative powers under Sections 88 and 89 of the 1999 Constitution (as amended) to probe the circumstances surrounding the allocation and identify those responsible for any irregularities.
SERAP further requested records identifying the lawmakers and committees that considered and approved the allocation, as well as the public officials who appeared before the committees to defend the proposed funding.
It also asked the parliament to clarify whether the allocation formed part of the Executive’s original 2026 Appropriation Bill or was inserted during the legislative process. The group also sought to know whether any lawmaker questioned the legal status or operational mandate of the council before the budget was passed.
According to the group, the request became necessary following conflicting claims over the existence of the council, noting that while the 2026 Appropriation Act reportedly earmarked more than ₦1.3 billion for the PFIPC/Presidential Economic Advisory Council, the Presidency has since publicly stated that the body was never established by the Federal Government and is fictitious.
The rights organisation said the contradiction raises serious concerns about the integrity of Nigeria’s budget process, legislative oversight, public financial management and accountability.
“Nobody has a more sacred obligation to obey the law than those who make the law,” SERAP said, stressing that the National Assembly has a constitutional duty not only to approve budgets but also to thoroughly scrutinise Executive proposals before authorising public spending.
It argued that Nigerians have a right to know whether public funds were appropriated for an entity that was not lawfully established and, if so, how the allocation found its way into the national budget.
According to the organisation, making the requested documents public would enable citizens to determine whether the National Assembly fulfilled its constitutional responsibilities in scrutinising and approving the allocation.
SERAP warned that if the requested information is not provided within seven days of receipt or publication of the FoI request, it would initiate legal proceedings to compel the National Assembly to disclose the records.
It maintained that releasing the documents would strengthen public confidence in the credibility of the National Assembly, enhance transparency in the appropriations process and promote accountability in the management of public funds.
The group also cited the Freedom of Information Act, the Nigerian Constitution and Nigeria’s obligations under international human rights instruments, arguing that public institutions are required to proactively disclose information of significant public interest, particularly where allegations of financial impropriety or misuse of public resources have arisen.
General
Higher Allocations to States, Renewed Investments Thrill Tinubu
By Adedapo Adesanya
President Bola Tinubu has said state governments are now receiving substantially higher allocations to drive development, while renewed investor confidence is attracting fresh investments into Nigeria.
Speaking at the maiden State House Media Dinner in Abuja on Thursday, the president described the development as evidence that his administration’s economic reforms are beginning to deliver positive results.
He defended the reforms introduced by his administration, acknowledging that they were difficult but necessary to reposition the economy for sustainable growth.
According to Mr Tinubu, stronger public revenues have enabled increased allocations to states, while improvements in the investment climate have boosted confidence among domestic and foreign investors.
“The difficult but necessary reforms undertaken by this administration are yielding results. Our economy is stabilising. Public revenues have strengthened significantly,” he said.
“State governments are receiving substantially higher allocations to support development. Investor confidence is returning.
“Our foreign reserves have improved considerably. The oil and gas sector is attracting renewed investment. The stock market has witnessed remarkable growth. Key economic indicators are moving in the right direction,” Mr Tinubu stated.
The president also said the administration was laying the groundwork for long-term prosperity through a combination of tax and fiscal reforms, infrastructure development and improvements to the business environment.
“Through tax reforms, fiscal reforms, infrastructure investments, and improvements in the business environment, we are laying the foundations for a more competitive, productive, and prosperous economy,” he said.
Although acknowledging that more work remains, Mr Tinubu maintained that the country was firmly on the path to sustainable economic growth.
“The journey is not yet complete, but the direction is clear, and the foundations for long-term growth are being firmly established,” he added.
On security, the president said his administration had sustained a multi-dimensional strategy that has produced measurable gains across different parts of the country.
He noted that intensified military operations, improved intelligence gathering, stronger inter-agency coordination, and expanded regional and international cooperation had led to the neutralisation of thousands of terrorists and criminal elements, the rescue of numerous hostages, and the recovery of communities previously under siege.
President Tinubu reiterated his administration’s commitment to ensuring peace and security across the country, saying every Nigerian should be able to live, work and prosper without fear.
The president also commended the media for its contribution to Nigeria’s democratic development while urging journalists to uphold professionalism by reporting accurately and responsibly.
“We are adversaries only in the democratic sense, as the media constantly distrust those in power. In nation-building, we are partners,” he said.
He described government and the media as institutions with complementary responsibilities, noting that while government serves through leadership and public policy, the media serves by holding those in power accountable on behalf of the people.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz4 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


