General
Dredging: Fresh War Brews Between NIWA, Lagos Assembly
By Modupe Gbadeyanka
The maritime industry may be in for another explosive tug of war between the National Inland Waterways Authority (NIWA) and the Lagos State government.
The issue is over dredging activities and the federal agency is spiting fire, saying it is ready to consume the Lagos State House of Assembly, which has triggered the latest fight.
Already, NIWA has sent a letter to the Lagos State government, with copies sent to the Secretary to the Government of the Federation, Mr Boss Mustapha; and Minister of Transportation, Mr Rotimi Amaechi.
The waterways regulatory agency said it will not accept any attempt by the Lagos parliament to overstep its mandate on the extant mining laws of the federal government, which mandates only NIWA to oversight access through the waterways.
In the letter, NIWA said the state legislative arm of government was making moves to ambush its regulatory powers and at the same time interfere in the activities of dredging companies through the composition of a seven-man committee to investigate and make recommendations on dredging activities in Lagos State.
According to the letter signed by the Managing Director of NIWA, Dr George Moghalu, on Tuesday, the agency called on the Lagos State government to caution the leadership of its State House of Assembly to stop forthwith the current posturing which it claimed was a clear breach of a peaceful resolution between NIWA and Lagos State government over a clash of interest on dredging and sundry waterway matters.
Detailing the background to the current impasse, Mr Moghalu stated that, “As a prelude to the full understanding of the matter under reference, you would recall that there was a recent clash between National Inland Waterways Authority (NIWA) and Lagos State Waterfront and Infrastructure Development during which our staff and indeed companies registered with us were arrested by your staff and arraigned before special offences court, the resolution of that imbroglio I believe is still under consideration.”
Warning, however, that Lagos State House of Assembly attempt may position logs in the ongoing efforts to reach an amicable settlement of vexed issues at hand, the NIWA boss drew the attention of the state government to the extant laws on Minerals and Mining Act of the Federal Republic of Nigeria which clearly states that where there are issues arising from the operations of any licenced operator of the Federal Government, Section 141 of the Act and sections 15, 16 and 17 of the regulation made pursuant to the above Act has made copious provision for its resolution.
He further informed the Lagos State government that a ruling of the court of Appeal in Mining cadastral office vs Petroleum and Transport Investment LTD and another (2018) LPEIR 46046 which cleared the air on the vexed issue and further recognizes waterway use permit exclusively within the ambit of NIWA.
“May I in simple words, emphasize that matters within the exclusive list of the Constitution of the Federal Republic of Nigeria are outside the legislative competence of the State government as they are within the competence of the National assembly,” Mr Moghalu restated, urging the state government to respectfully forward his observation to the leadership of the State House of Assembly.
General
Tinubu Leaves Nigeria Monday for Türkiye on State Visit
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.
General
Lagos, NGX Group, HEI Expand Project BLOOM to 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.
General
SERAP Sues Adelabu, NBET Over Alleged Missing N128bn
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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