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FG to Revive Garment, Leather Industries With N5.09bn

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revive garment sector

By Adedapo Adesanya

As part of moves to deepen Nigeria’s revenue diversification process, the federal government is targeting sourcing for N5.09 billion to revive the garment and leather industries.

The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Mr Chidi Izuwah, made this known in Abuja.

He stated that the amount, N5.089 billion, would be sourced by government from a partnership between the private and public sectors.

According to Mr Izuwah, it would be made up of 80 percent debt and 20 percent equity with zero financial contribution by the federal government.

He spoke at the presentation of the Full Business Case (FBC) compliance certificate to the Nigeria Correctional Service (NCS) in respect of the proposed NCS shoe and garment factories in Aba, Abia State and the Janguza Tannery Factory, Kano State under the Public-Private Partnership (PPP) arrangements.

He said the PPP would also lead to the creation of 1,290 direct jobs, multiples of indirect jobs locally and savings on foreign exchange demand to procure uniforms abroad among other significant benefits to the country.

Mr Izuwah said the next stage towards the actualisation of the project was for the NCS, through the Minister of Interior, Mr Rauf Aregbesola, to secure the Federal Executive Council (FEC) approval to enable NCS to sign the PPP contract and achieve immediate take-off of the project.

While attributing the achievements recorded during the development of the PPP project to the economic reform agenda of President Muhammadu Buhari, he expressed confidence that a formal ground-breaking ceremony to signal the take-off of the projects in affected states will happen soon.

He explained that the proposed PPP arrangement between NCS and Erojim Investments Limited (a local company) and its technical partner, Poly Technologies Inc., Beijing, China, is aimed at establishing a world-class factory using the most modern technology and quality inputs to produce high quality shoes, garments, and leather products to meet the demand of NCS and other Ministries, Departments and Agencies (MDAs), whose personnel wear uniforms and make use of other accessories.

“I am delighted to state that the successful start-up of this PPP project will no doubt lead to the revitalisation of Nigeria’s shoe, garment and leather industries in compliance with the federal government’s local content policy initiative encouraging MDAs to look inwards in meeting their basic needs.

“This project was competitively procured using the very proven ICRC Swiss Challenge PPP bidding method. This process involves subjecting the private sector initiated proposal to competition to create value for money while ensuring that the private sector takes significant financial risk and creates the efficiency needed to ensure that the project is delivered to time and specifications.

“The ICRC played a key role as part of her mandate to ensure that the nation attracts the required private investment to build our infrastructure stock to further bridge the infrastructure gaps across the country in line with President Muhammadu Buhari’s commitment to the private sector-led economic development and inclusive growth,” 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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Missing N210trn: Senate Orders Arrest of ex-NNPC Boss Mele Kyari

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Mele Kyari NNPC ceo

By Adedapo Adesanya

The Senate Committee on Public Accounts has ordered the arrest of the immediate past chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, for failing to appear before it to explain what he knows about the allegations surrounding of an unaccounted N210 trillion between 2017 and 2023.

The decision followed Mr Kyari’s absence at the committee’s investigative hearing into the alleged financial discrepancies.

During the session, some lawmakers appealed to the committee chairman, Mr Ibrahim Dankwambo, to grant Mr Kyari another opportunity to appear, citing reports that he was receiving medical treatment in Germany.

The appeal, however, faced stiff opposition from other committee members, who insisted that a warrant of arrest be issued against the former NNPC chief.

Leading the opposition, Mr Abdul Ningi argued that verbal explanations for Mr Kyari’s absence were insufficient and should be supported by documented medical evidence. Mr Victor Umeh subsequently moved a motion for the issuance of a warrant of arrest.

Seconding the motion, the committee’s Deputy Chairman, Mr Peter Nwaebonyi, said granting Mr Kyari another opportunity to appear voluntarily would amount to a wild goose chase.

“This is the ninth time this committee is meeting on the 19 queries raised against NNPCL by the Office of the Auditor-General of the Federation. I personally chaired three of these sessions.

“Mr Chairman, the time to issue a warrant of arrest against Mele Kyari is now because the committee must conclude its assignment and report back to the Senate,” he said.

Following a voice vote, the committee overwhelmingly adopted the motion.

Declaring the committee’s position, Mr Dankwambo directed that Mr Kyari be arrested wherever he is and brought before the panel.

Meanwhile, former NNPC Chief Financial Officer, Mr Umar Ajiya Isa, rejected claims that N210 trillion was unaccounted for, arguing that the figure exceeded the company’s total revenue during the period under review.

According to him, NNPC generated about N54.5 trillion in revenue between 2017 and 2023, making it impossible for N210 trillion to be missing.

“To be clear, if money had gone missing at NNPC during our tenure, we would not have had the confidence to publish audited accounts. For more than 40 years, those accounts were either not prepared, not published, or not submitted to the Auditor-General.

“N210 trillion is an enormous amount. NNPC’s total revenue during the period under review was about N54.5 trillion, even before deducting production costs. It is therefore impossible for N210 trillion to be missing or unaccounted for,” he said.

Mr Ajiya also dismissed claims that N5.8 billion was spent on the registration of NNPC Limited, describing the allegation as false and damaging.

“Unfounded claims cause significant damage. They affect the reputations of individuals, the company and Nigeria as a whole. International rating agencies rely on public information to assess countries, and inaccurate reports can negatively impact Nigeria’s credit rating and national interests,” he said.

He challenged those making the allegations to provide evidence in support of their claims.

As the investigation continues, the committee directed Mr Ajiya and Bala Wunti, who served as Chief Upstream Investment Officer during the period under review, to reappear before it in two weeks.

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FCCPC Seals Premises of Solar Battery Importer at Alaba International Market

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Solar Battery Importer

By Adedapo Adesanya

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the premises of a major importer at the Alaba International Market, Lagos, over its alleged refusal to comply with regulatory directives relating to the sale of a defective solar battery to customers.

The Southwest Zonal Coordinator of the FCCPC, Mrs Olubunmi Otti, who led the enforcement team and security operatives to the market on Tuesday, said the commission sealed the company’s premises under Section 150(4)(a) of the Federal Competition and Consumer Protection Act (FCCPA), 2018.

According to her, the action followed the company’s failure to comply with a compliance notice issued by the agency after an investigation into a consumer complaint.

Mrs Otti explained that the matter originated from a complaint involving a defective solar battery purchased and fully paid for in February 2025.

Following the complaint, she said the organisation commenced an investigation and invited the importer and the company on several occasions to appear before the commission, but they allegedly failed to honour the invitations.

She further stated that the FCCPC subsequently issued a summons compelling the importer and the company to appear, but they again failed to comply.

As part of its regulatory process, Mrs Otti said the commission later served the company with a Compliance Notice under Section 150(1) of the FCCPA, outlining the nature of the alleged violation, the remedial actions required, the deadline for compliance, and the consequences of non-compliance.

She noted that despite being duly served and granted what the commission described as a reasonable period to remedy the breach, the importer and the company allegedly failed to comply with the notice.

“Consequently, and in direct exercise of FCCPC powers under Section 150(4)(a) of the FCCPA, 2018, the Commission has today proceeded to seal these premises,” she said.

Mrs Otti explained that the law empowers the commission to shut down or close any premises where a compliance notice continues to be breached until the violation is remedied.

She emphasised that the action was not intended as a punitive measure but rather as a protective and corrective intervention aimed at ensuring compliance with consumer protection laws.

According to her, the premises will remain sealed until the commission is satisfied that the breach has been fully addressed, after which a compliance certificate will be issued in accordance with Section 150(3) of the Act.

Otti urged importers and businesses to take compliance notices seriously, warning that the law leaves little room for discretion where violations persist after regulatory directives have been ignored.

Reacting to the enforcement action, President of the Industrial Material Dealers Association, Alaba International Market, Mr Opara Martins, said officials of the commission visited his office before carrying out the enforcement exercise, which he advised them to proceed with in line with their lawful duties.

He said while he was unaware of the specific circumstances that led to the commission’s action, he could not fault the agency for carrying out its statutory responsibilities.

Mr Martins, however, described the company as reputable, adding that the importer is a key stakeholder within the Alaba business community.

He further stated that the market had not been known for practices that undermine consumer protection.

He expressed optimism that the dispute would be resolved amicably in due course.

On his part, the General Manager of the firm, Mr Tochukwu Munachukwu, insisted the company did not receive the series of letters and notices the FCCPC claimed to have served.

He described the dispute as a civil commercial matter that should be resolved through engagement and dialogue rather than public enforcement action, noting that the incident has caused embarrassment to both the company and its management.

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Dangote Cement Host Communities in Ogun Receive Rice

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Dangote cement host communities

By Modupe Gbadeyanka

Some vulnerable households around host communities of Dangote Cement Plc in Ogun State recently received bags of rice from the Aliko Dangote Foundation (ADF) to alleviate the burden of rising food costs on them.

Beneficiaries were mainly low-income families, elderly residents, and other vulnerable groups within 17 communities in Ibese and 36 others in Itori and Ijebu-Igbo.

The organisation distributed thousands of 10kg bags of rice to residents of the communities, who could not hide their joy at the gesture.

At several distribution points, orderly processes were put in place to ensure transparency and equitable access. Local coordinators, in collaboration with community representatives, supervised the exercise to guarantee that the items reached intended beneficiaries.

At the Ibese distribution centre, the Aboro of Ibeseland, Mr Rotimi Oluseyi Mulero, thanked Mr Dangote for the gift, describing the rice distribution as operation feed the families.

“On behalf of our people, I extend our profound gratitude to the Aliko Dangote Foundation for this timely and commendable gesture. At a time when many families are facing economic challenges, this distribution of food items will go a long way in alleviating hardship within our communities.

“We appreciate Dangote Group not only as a business partner but as a responsible corporate citizen that continues to demonstrate genuine concern for the well-being of its host communities. We pray that this partnership continues to flourish for the benefit of all.

“Today, our hearts are filled with appreciation. This support has come at a very critical time for our people. Many households are under pressure, and this intervention will bring relief and hope to families,” the traditional ruler enthused.

Also, at Itori, the Olu of Itori, Mr Abdulfatai Akorede Akamo, said his people’s hearts were filled with appreciation, saying, “This support has come at a very critical time for our people. Many households are under pressure, and this intervention will bring relief and hope to families.

“We thank Mr Aliko Dangote and his Foundation for remembering the grassroots and standing by us in times of need. We are deeply grateful for this act of kindness. May the Almighty bless the Dangote Group and increase its capacity to continue doing good for humanity.”

Speaking on the initiative, the chief executive of ADF, Ms Zouera Youssoufou, represented by the ADF Head of Operations, Mr Victor Ejiro, reaffirmed that the food intervention programme reflects the organisation’s long-standing dedication to food security and poverty alleviation, particularly during periods of economic strain.

“This intervention is designed to provide immediate relief to households grappling with high food prices. As a socially responsible organisation, we recognise the importance of supporting our host communities beyond business operations.

“At the Aliko Dangote Foundation, we recognise the current economic realities facing many Nigerian households. This intervention is aimed at providing immediate relief while reinforcing our long-standing commitment to the well-being of our host communities.

“We understand the difficulties families are facing at this time. This support is our way of standing with our communities and ensuring that no household is left behind during these challenging times. Sustainable development goes beyond business operations. Through this programme, we are strengthening community resilience and contributing to national efforts to improve food access and social stability,” she stated, adding that the intervention is focused on delivering real, immediate support to vulnerable households, promising to expand it to more families.

The initiative forms part of the foundation’s National Food Intervention Programme aimed at cushioning the effects of prevailing economic challenges on ordinary Nigerians.

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