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#EndSARS: Senate Begs Buhari to Address Nigerians

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By Dipo Olowookere

President Muhammadu Buhari has been urged by the Nigerian Senate to urgently address the nation over the widespread #EndSARS protests.

This appeal was made at the plenary on Tuesday after a member of the upper parliament, Mrs Biodun Olujimi, moved a motion under Order 42 and 52 to seek the leave of the Senate to present a motion on the EndSARS and the need for comprehensive police reforms.

During the debate, the Minority Leader, Mr Enyinnaya Abaribe, while supporting the motion, noted that it was necessary for the President to “look at the issue and address the nation on them.”

According to him, this will calm the nerves, noting that, “in doing that, he must try a way of setting up a judicial panel that will have people that are well respected by the same youth so that they can address a certain issue and that issue is those notorious SARS officers that have been identified and even identified by the presidential panel.”

“I will also forward to you the name of the five most notorious SARS Officers who have been fingered in killing so many Nigerians,” the lawmaker said.

On his part, the Deputy Senate President, Mr Ovie Omo-Agege, threw his weight behind the motion and the agitations of the demonstrators, saying that “I stand here as a victim of SARS. Nobody here is a friend of the illegal activities of SARS.”

“When our children went in the streets demanding an end to SARS, I think it is a cry we all identify with and we will continue to identify with provided the protest remains peaceful. It must remain peaceful because it is what the Constitution guaranteed to them.

“What we have today right now is that the very good actions of our children are being hijacked. My own children are in the streets of the U.S. participating in this EndSARS protest. I am not sure that my kids are in support of those who have hijacked this protest to go release prisoners.

“I urge that they should remain lawful. The protest should remain peaceful while they give government the opportunity to address these demands. We don’t want any harm to befall our children. We want to appeal to our children and kids to give this government the opportunity to address this issue,” he submitted.

At the end of the deliberations, the Senate urged Mr Buhari “to address the nation as soon as possible on this issue” and asked the police should make it a duty to accompany protesters and should be involved in protecting genuine protesters.

The Senate also advised the police to operate strictly in accordance with the rules of engagement appropriate in a democratic environment and asked the Inspector General of Police to ensure holistic comprehensive reforms of the police to increase the overall welfare including training and medical insurance of all members of the Nigeria Police Force.

The lawmakers also urged all tiers of government to put in place and sustain policies of social economic reforms that raise the standard of lives of our people and appealed to all Nigerians to resort to use of legal institutions to resolving disputes and conflicts.

While urging the federal government to faithfully and comprehensively implement all the five demands of the EndSARS movement and protesters with necessary timelines to rekindle confidence in government, the demonstrators were advised to “kindly in the interest of everyone stop their actions and embrace genuine dialogue.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Five Transmission Towers Collapse Along Ikot Abasi–Eket 132kV Line

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Ikot Abasi–Eket 132kV Double Circuit Transmission Line

By Modupe Gbadeyanka

The Transmission Company of Nigeria (TCN) has confirmed the collapse of five transmission towers along the Ikot Abasi–Eket 132kV Double Circuit Transmission Line.

This was attributed to severe acts of vandalism, as TCN disclosed that the structure collapsed after vandals removed critical structural bracing members.

The affected towers were N9, J4, N10, N11 and N12, the organisation said in a statement on Friday.

It explained that the extensive damage was discovered during a routine joint line patrol conducted on August 9, 2026, by TCN linesmen.

Further inspection revealed that structural members from seven additional towers along the same transmission corridor had also been removed and stolen. The towers, J3, N8, N13, N14, N15, N18 and N19, are now structurally compromised and pose a risk of further collapse.

TCN condemned this act of sabotage and reiterated its commitment to working hard to maintain a robust and reliable national grid.

The statement said that to mitigate the impact on electricity supply, the network has been reconfigured to prioritise supply to Ekim transmission station, leaving Ibom Power as the only station without supply.

TCN said it is mobilising an urgent intervention to complete the reconstruction of the affected sections of the line, with security agencies also notified to aid investigations and prevent further acts of vandalism along the line route.

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Abbas Warns Against Delay in Implementing New Ports Regulatory Act

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By Adedapo Adesanya

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has urged all relevant government agencies to promptly initiate actions for the full implementation of the Nigerian Ports Economic Regulatory Agency Act, 2026, following its signing into law by President Bola Tinubu.

The bill, sponsored by Speaker Abbas, was aimed at repealing the Nigerian Shippers’ Council Act, Cap. N133, Laws of the Federation of Nigeria, 2004, and establish the Nigerian Ports Economic Regulatory Agency to ensure effective economic regulation of Nigerian ports while safeguarding the interests of shippers, service providers, and users of regulated port services. With the President’s assent, it has now been enacted as an Act of Parliament.

The legislation represents one of the landmark achievements of the 10th National Assembly. It reflects the Speaker’s commitment to legislative excellence, institutional reform, and sustainable economic growth, according to a press statement by the Special Adviser on Media and Publicity to the Speaker, Mr Musa Krishi.

The bill underwent a rigorous and inclusive legislative process, including extensive stakeholder consultations and a public hearing. It was passed by both Chambers of the National Assembly and subsequently assented to by the President.

The Act provides a robust legal and institutional framework to ensure effective economic regulation of Nigerian ports by fostering transparency, competitiveness, and efficiency in port operations; protecting the rights and interests of shippers, service providers, and other port users; and aligning Nigeria’s port regulatory system with global best practices, thereby enhancing the ease and cost-effectiveness of doing business.

Despite receiving presidential assent, the Act has yet to be fully operationalised.

He warned that any further delay would undermine the legislative intent of the reform, prolong the exposure of port users to arbitrary charges and operational inefficiencies, and deny the nation the anticipated benefits of increased revenue, improved trade facilitation, and stronger investor confidence in the marine and blue economy sector.

The Speaker urged the Federal Ministry of Marine and Blue Economy, in collaboration with all relevant Ministries, Departments and Agencies (MDAs) of the federal government, to take the necessary administrative, institutional, and financial measures for the prompt implementation of the Act.

He said this should include the formal transition to, as well as operational empowerment of, the Nigerian Ports Economic Regulatory Agency to discharge its statutory mandate effectively.

The full implementation of the Act is critical to unlocking the economic potential of Nigeria’s ports, reducing the cost of doing business, strengthening trade competitiveness, and positioning Nigeria as the leading maritime and logistics hub in West and Central Africa.

The statement noted that the Speaker reaffirmed the 10th House’s commitment to exercising the necessary legislative oversight to ensure this landmark legislation, along with others assented to by the President, is fully implemented and achieves its intended goals for the benefit of the Nigerian people.

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FG, NiYA, Cascador Partner to Turn Youth Ideas into Investable Businesses

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By Adedapo Adesanya

The Federal Ministry of Youth Development (FMYD), through the Nigerian Youth Academy (NiYA), has partnered with Cascador, a Nigeria-focused platform for growth-stage founders, to provide funding and support for the next generation of Nigerian youth entrepreneurs.

The announcement coincides with International Youth Day 2026, whose global theme this year — Different Contexts, Common Aspirations — calls on institutions to close the gap between young people’s circumstances and their opportunities. The pilot is an early step toward NiYA’s broader ambition to train and empower 7 million Nigerian youth within two years.

The NiYA and Cascador Founders Programme will begin with a pilot cohort of 20 early-stage Nigerian youth founders, including entrepreneurs without formal business registration or established financial records.

Over four weeks, participants will undergo intensive training focused on business fundamentals, investment readiness and pitch preparation. At the end of the programme, the eight top-performing founders will receive non-dilutive funding of up to N5 million each from Cascador, alongside an Enterprise Resource Planning (ERP) solution to help them structure, manage and scale their businesses.

The funding and support will be presented at a Pitch Day organised by NiYA and the Federal Ministry of Youth Development.

The Minister for Youth Development, Mr s Ayodele Olawande, said the partnership would enable NiYA to move beyond training by helping young people transform ideas into investable businesses and achieve sustainable economic participation through business preparation and access to capital.

“The pilot is deliberately designed to test a model that can go beyond one cohort. If young founders can be identified early, prepared properly, connected to credible capital and supported to build stronger business systems, then access to opportunity becomes less dependent on background or existing networks. That is the larger objective: to build a youth entrepreneurship ecosystem in which readiness, ideas and execution can increasingly determine who gets the opportunity to grow.”

The pilot will run in-person in Abuja with virtual touchpoints and 1:1 mentorship. All 20 graduates retain NiYA alumni status, with priority consideration for future opportunities.

NiYA and FMYD have already shown what real commitment to Nigeria’s youth looks like — the platforms, the reach, the ambition to train millions. What we’re building together now is the missing piece, a practical bridge from the ideation stage to real capital-readiness. When a Ministry so dedicated to its young people asked Cascador to help build that bridge, it was an easy decision,” said Trish Thomas, CEO of Cascador.

Ms Oyin Solebo, COO of Cascador and former Managing Director of the ARM Labs Lagos Techstars Accelerator, highlighted the partnership’s impact, saying, “This is what innovative capital deployment looks like: a government building real investment readiness at scale, and a partner meeting that foundational work with non-dilutive funding at exactly the moment it’s needed. Partnerships like this open doors that neither of us could open alone.”

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