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Group Condemns Mangu Attack, Suggests Ways to Stop Recurrence

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Mangu Plateau attack

By Modupe Gbadeyanka

A group known as Tattaaunawa Roundtable Initiative (TRICentre) has condemned the killing of inhabitants of the Mangu Local Government of Plateau State on Tuesday, May 16, 2023, describing it as one too many.

In a statement on Thursday, the organisation further described the action as a senseless act of violence, calling on the government to take urgent steps to bring those behind the killing to book.

More than four scores of people were slain in the early morning attack, which has left survivors in immeasurable pain and suffering.

It was gathered that the killings went on for hours, with several communities in the area targeted by the attackers, who also set houses ablaze and shot indiscriminately at people.

While the government of Plateau state has condemned the attacks in the strongest possible terms and has vowed to take decisive action to bring the perpetrators to justice.

Governor Simon Lalong has expressed his condolences to the families of the victims and has assured the people of Plateau state that his administration would do everything in its power to prevent such senseless violence from happening again.

“We are aware that the Plateau State Police Command has also deployed additional personnel to the affected areas to provide security and maintain law and order.

“The Command has urged the people of Plateau state to remain calm and cooperate with law enforcement agencies as they work to identify and apprehend those responsible for the attacks.

“While this is commendable, we believe that this should go beyond rhetoric and that months after this, we want to get updates,” TRICentre said in the statement.

The group called on all citizens to remain vigilant and report any suspicious activity to the authorities, appealing to community leaders and other stakeholders to work together to promote peace and unity in the state.

“The killings in Mangu Local Government of Plateau state are a tragic reminder of the need for all Nigerians to come together to address the root causes of violence and insecurity in our country. We must work together to build a society where every citizen can live in peace, security, and dignity.

“The killings in Mangu Local Government Area of Plateau State are a complex issue that requires a multifaceted approach to tackle,” it said.

TRICentre has called on the government to improve security in the affected areas and initiate dialogue and reconciliation efforts among the different ethnic and religious groups in the affected areas.

The organisation further charged the government to promote economic empowerment programs that will provide employment opportunities and boost economic growth in the affected areas, adding that promoting education would promote tolerance, understanding, and respect for diversity among the different ethnic and religious groups in the affected areas.

TRICentre

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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NSC Resolves 19 Complaints, Saves Port Users N348.8m in Q1 2026

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Agge Seaport

By Adedapo Adesanya

The Nigerian Shippers’ Council (NSC) saved over N348.8 million for port users and resolved 19 complaints in the first quarter of 2026.

According to its sectoral data report from the council’s quarterly newsletter, which covered January to March 2026, the agency’s continued intervention in disputes within the maritime sector is aimed at reducing trade frictions and protecting shippers from unfair practices.

A breakdown of the complaint status shows that, out of 32 cases handled during the period, 19 were successfully resolved, 12 are still ongoing, and one has been closed.

In terms of financial impact, the NSC’s dispute resolution efforts led to a total savings of N348,813,072.06 for stakeholders, particularly importers, exporters, freight forwarders, and shipping agents.

Further analysis of the report indicates that shipping companies and their agents accounted for the highest number of complaints, with 22 cases filed against them.

“Other entities complained against include seaport terminal operators (1), government agencies (3), exporters (1), importers (1), de-consolidators (1), and freight forwarders/clearing agents (3).

“The complaints lodged during the period cut across a wide range of operational and financial issues. Prominent among them were container deposit refund disputes, which recorded the highest frequency with five cases, followed by arbitrary charges (4).

Other issues included unsettled demurrage (2), missing cargo (2), service failure (2), damaged cargo (2), wrong port of discharge (2), and non-release of auction cargo (2).

“Additional complaints involved delays in cargo transfer, breach of trust, invoice cancellation, lack of telex release, delay in releasing export documents, export fraud, waiver-related disputes, demurrage and detention of vessels, breach of contract, and unjustified demurrage charges,” the data report stated.

The data also reveals that the majority of complainants were shippers, including importers and exporters, alongside freight forwarders and shipping agents, reflecting the operational challenges faced by key players in Nigeria’s port value chain.

The NSC, as the port economic regulator, noted that it has consistently leveraged its complaints and dispute resolution mechanism to address grievances and ensure fairness in commercial transactions within the maritime industry.

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FEC Approves Establishment of Research, Innovative Fund

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pharmaceutical production

By Adedapo Adesanya

The Federal Executive Council (FEC) has approved the establishment of the National Research and Innovation Development Fund (NRIDF) as part of efforts to strengthen Nigeria’s research, science, technology and innovation sector.

The approval was granted during the council’s meeting presided over by President Bola Tinubu on Monday.

According to a statement issued by the Federal Ministry of Innovation, Science and Technology, Head of Press and Public Relations, Mrs Pauline Sule, the fund will be supervised by the ministry and managed through a 17-member National Council on Research and Innovation.

The council will be chaired by Vice President Kashim Shettima, while the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, will serve as vice chairman.

Reacting to the development, Mr Udeh described the approval as a major step towards building an innovation-driven economy and strengthening Nigeria’s research ecosystem.

He said the initiative aligns with the federal government’s economic agenda aimed at achieving a $1 trillion economy under the Renewed Hope programme.

The Minister, however, noted that the fund would still undergo legislative, administrative and operational procedures before full implementation and disbursement begin.

According to him, the National Research and Innovation Development Fund is expected to provide strategic financial support for researchers, innovators, startups and technology developers across the country when fully operational.

He added that the initiative would help strengthen local research capacity, encourage the commercialisation of innovations and deepen collaboration between academic institutions and industry players.

The ministry also stated that the fund is expected to improve Nigeria’s competitiveness within the global technology and knowledge economy.

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Court Sentences Man for Fraudulent Crypto Transactions in Lagos

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Taofeek Daniel Oriola Fraudulent Crypto Transactions

By Aduragbemi Omiyale

One Mr Taofeek Daniel Oriola has been convicted and sentenced to nine years’ imprisonment for money laundering.

He was sentenced by Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Monday, May 11, 2026.

His journey to the correctional centre started when he used part of the proceeds of his unlawful activity derived from fraudulent cryptocurrency transactions to acquire some properties, which have now been forfeited to the federal government.

The said properties include a 2014 Range Rover (Supercharged) with VIN Number SALGS3TF7EA180971, a five-bedroom apartment with boys’ quarters in the Ibeju-Lekki area of Lagos State, a parcel of land measuring 653.479 square metres situated at Ibeju-Agbe in Ibeju-Lekki, and one iPhone 16.

The convict, in April 2026, committed the offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.

Mr Oriola was brought before the court by the Economic and Financial Crimes Commission (EFCC) on a three-count charge bordering on money laundering and concealment of proceeds of unlawful activities.

“That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this court, engaged in the disguise of the true source of a 2014 Range Rover (Supercharged) with VIN No. SALGS3TF7EA180971, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.

 “That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this court, engaged in the disguise of the true source of a five-bedroom apartment with boys’ quarters situated at Ibeju-Agbe, in the Ibeju-Lekki area of Lagos State, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act,” two of the three charges read.

After pleading “guilty” to the charges when read to him, Justice Osiagor sentenced him to three years’ imprisonment on each count, to run concurrently, with an option of a N200,000 fine on each count. The judge also ordered him to undertake seven days of community service.

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