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FCCPC Now Better Than I Met it—Irukera

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FCCPC babatunde irukera

By Adedapo Adesanya

The immediate past Executive Vice Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), Mr Babatunde Irukera, has relished his time at the agency, saying he is leaving behind a strong institutional advocate.

On Monday, President Bola Tinubu sacked Mr Irukera after six years at the helm of the consumers’ protection agency.

Mr Irukera said he was grateful for the opportunity to have served the Nigerian consumer, according to a post on the social media platform, X, formerly known as Twitter.

The dismissed chief executive was appointed in 2017 by former President Muhammadu Buhari as the Director General of the Consumer Protection Council, which later became FCCPC.

“[I am] grateful for the opportunity to have served the incredibly vibrant and loyal Nigerian citizens/consumers. They deserve a better deal. I leave behind a strong institutional advocate in the FCCPC and an outstanding team of soldiers who work there daily for the cause of fair markets,” he said.

According to him, in 2023, the commission generated over N56 billion, where 90 per cent of the Internally Generated Revenue (IGR) was obtained through payment of penalties by defaulting companies in the country.

He disclosed that the FCCPC remitted N22.4 billion to the federal government.

“In 2023, our internally generated revenue is already N56 billion and we have remitted to the government N22.4 billion and for me what this demonstrates is the real possibility for our country. Our possibilities are absolutely limitless.

“We don’t approve a single product, we don’t take fees for registration of anything nor support or sponsorship from companies.

“All our revenue, at least 90 per cent is from penalties. We believe that the market should be unlocked and businesses should be allowed to operate well and thrive.

“But we also believe in consequence and businesses must be held accountable, if we don’t hold people accountable, we can’t promote good behaviour.

“Prior to 2017, the FCCPC had a budget of N1 billion from the federal government, of this amount, N511 million was personal costs and salaries of 240 employees at the time.

“What was released was N796 million. Our internally generated revenue was N154 million.

“In 2018, the agency had a huge jump in the budget from the treasury and it got a budget of N3.3 billion that is largest, of which N2.1 billion was released.

“By 2019, the budget of the agency went back from N3.3 billion down to N1.3 billion. Out of that, N518 million was personnel cost.

“In that year, when we started the reforms, the agency made a total Internally generated revenue of N377 million, which was unprecedented as the highest at the time. But we were growing the agency as best as we could,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Concerns as Market, Hospital Bomb Attacks Kill 23, Injure 108 in Maiduguri

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By Adedapo Adesanya

The Nigeria Police Force in Borno State has confirmed that 23 persons were killed and 108 others injured following multiple explosions that rocked Maiduguri on Monday evening, in what authorities described as coordinated suicide attacks.

The incidents, which occurred at about 7:24 p.m., targeted crowded and strategic locations within the metropolis, including the Maiduguri Monday Market, the gate of the University of Maiduguri Teaching Hospital, and the Post Office Flyover, Maiduguri.

In a statement issued by the Police Public Relations Officer, ASP Nahum Kenneth Daso, preliminary investigations revealed that the explosions were carried out by suspected suicide bombers using improvised explosive devices (IEDs).

The coordinated nature of the attacks, which struck nearly simultaneously across different parts of the city, has raised fresh concerns about evolving tactics by insurgent groups seeking to undermine ongoing counter-terrorism efforts in the North-East.

Security analysts noted that the choice of targets: a major market, a hospital vicinity, and a busy flyover, suggests an intent to maximise casualties, spread fear, and disrupt socio-economic activities in the state capital.

In response, a combined team of Police Tactical Units, military personnel and other joint security operatives were immediately deployed to the affected areas.

The scenes were swiftly secured and cordoned off, while the Explosive Ordnance Disposal (EOD) Unit conducted detailed sweep operations to rule out the presence of additional explosive devices.

The Governor of the state, Mr Babagana Zulum, in a statement, said the explosions had ​claimed victims and injured others, without elaborating or saying who was responsible.

“The act ​is utterly condemnable, barbaric, and inhumane,” said Mr Zulum.

The Commissioner of Police, CP Naziru Abdulmajid, led a high-level assessment visit to the affected locations, where he commiserated with victims and their families.

He assured residents of the command’s unwavering commitment to safeguarding lives and property, noting that enhanced security measures had been activated across the state.

Emergency responders, including the National Emergency Management Agency (NEMA) and the Borno State Emergency Management Agency, worked in coordination with medical teams to evacuate victims to hospitals, where they are currently receiving treatment.

Boko Haram and Islamic State West Africa Province (ISWAP) have ⁠carried ​out several attacks against army bases across Borno ​this month, killing several troops and seizing weapons.

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Women Need to Own Their Stories, Collaborate—Ayo Mario-Ese

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UBA Business Series Ayo Mario-Ese

By Modupe Gbadeyanka

Celebrated broadcaster with Arise TV, Mrs Ayo Mario-Ese, has charged women to be open to collaboration and not limit themselves.

The charming media personality was one of the panellists at the UBA Business Series themed Introducing Gen W – The Evolved Woman, held at the UBA House in Lagos last Thursday.

At the event moderated by popular actor, Mr Tobi Bakre, the Morning Show anchor on Arise TV expressed worry about females who are usually laidback about speaking up and sharing their achievements, and said that women need to own their stories.

“A lot of women are doing phenomenal work and are sometimes afraid of showcasing what they are doing. As an evolved woman, you have to find out what you are comfortable doing, create your own unique offering, and also be open to collaboration,” she submitted.

Another panellist, Ms Joycee Awosika, described an evolved woman as one who has awareness of who she is.

“That woman does not need to ask to sit at the table; she is creating her own table and adding value. As your company is growing, you must grow too, and always do an audit of where you need to become a better leader,” the energy economist stated.

For a digital entrepreneur, Ms Tomike Adeoye, the question of what a woman is bringing to the table has now become obsolete, as the evolved woman is now bringing their own table.

“She is now more vocal about their struggles, setting the standards, and she is not ready to give up on her dreams,” she declared.

For the founder of Fine-Funky, Ms Olufunke Davies, she remarked that, “Creating unique designs that are affordable remains my driving force and something that has helped me grow as an evolved woman.”

In her remarks, the Group Head for Brand, Marketing and Corporate Communications at UBA, Ms Alero Ladipo, said, “Raising each woman is actually not that hard, because everyone has their community as well as their story; and so as women, we need to take a position so that we can give to others.”

She said the Gen W platform of the lender is dedicated to the evolved woman, adding, “Through expert insights, real stories, and practical resources, the platform connects women who are building brands, creating businesses, growing careers, and leading across industries. They also have access to a plethora of discounted products and loans. The best part: it is open to every woman. No UBA account needed. This is Gen W, for the evolved woman.”

This edition of the UBA Business Series was hosted to mark International Women’s Month.

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Navy Intensifies Crackdown on Oil Theft in Rivers, Calabar

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By Adedapo Adesanya

The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal refinery site in Rivers State and intercepting suspected stolen petroleum products in Calabar.

The Director of Naval Information, Captain Abiodun Folorunsho, disclosed this in a statement on Sunday in Abuja, revealing that personnel of the Nigerian Navy Ship SOROH, operating under Operation Delta Sentinel, destroyed a reactivated illegal refinery site at Okolomade Community in Abua-Odual Local Government Area (LGA) of Rivers State.

He said the action followed credible intelligence that a previously dismantled illegal refining site had resumed operations.

According to him, an Anti–Crude Oil Theft (Anti-COT) team deployed to the location discovered that the dismantled refining oven had been reconstructed.

“Further exploitation of the area led to the discovery of additional refining equipment and storage facilities containing about 3,000 litres of product suspected to be illegally refined Automotive Gas Oil (AGO),” he said.

Mr Folorunsho added that the illegal refining infrastructure—including ovens, storage tanks, hoses, connected pipes and newly acquired metal components used for illegal refining—was destroyed in line with operational procedures.

He said personnel of the Nigerian Navy Ship Victory, in another operation, intercepted about 3,950 litres of suspected stolen petroleum products at the Nigerian Ports Authority (NPA) area in Calabar, Cross River.

He said the interception was based on credible intelligence on suspected siphoning of petroleum products from vessels berthed at the port.

The naval patrol team, according to him, swiftly deployed to the area and traced the illegally siphoned products to a trailer park within the port facility.

“On sighting the naval patrol team, the suspected perpetrators fled the scene, after which the area was cordoned off and the illegally siphoned products secured,” he said.

The official said further inspection led to the recovery of about 3,950 litres of Automotive Gas Oil stored in drums and jerrycans, which had been evacuated to the naval base for further necessary action in line with extant regulations.

He noted that the successes aligned with the directive of the Chief of the Naval Staff, Vice Adm. Idi Abbas, to intensify operations against crude oil theft and other maritime crimes across Nigeria’s maritime domain.

The captain reiterated the Navy’s commitment to sustaining the operational tempo of Operation Delta Sentinel through intensified surveillance, patrols and intelligence-driven operations aimed at combating crude oil theft, illegal bunkering and other forms of economic sabotage.

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