Missing NAF Aircraft: No Trueborn Nigerian Will Criticise Military—FG

Image

By Modupe Gbadeyanka

The federal government has slammed some Nigerians criticising the military over the disappearance of a fighter jet belonging to the Nigerian Air Force (NAF).

The Minister of Information and Culture, Mr Lai Mohammed, while addressing reporters on Tuesday, described the act as unpatriotic and “abhorrent.”

According to him, this should be condemned because “no patriotic citizen will denigrate his or her country’s military for fighting to protect the nation’s territorial integrity and ensuring peace and security.”

He said those who did this are not likely to be “trueborn Nigerians,” noting that the disappearance of the NAF aircraft is not what should be gloated about.

Mr Mohammed said the missing aircraft “has once again accentuated the huge sacrifices being made by our men and women in uniform to keep our country safe and to make sure we sleep well at night.

He said “while we await word from the Air Force on the ongoing search and rescue efforts,” Nigerians should continue to “support our troops and to continue to remember them in their prayers. This is the least we can do to show appreciation to these patriots.”

The Minister said the “federal government condoles with the Nigerian Air Force on the disappearance of one of its fighter jets involved in the war against insurgency.”

“Every day, these valiant men and women put their lives on the line, in the ultimate act of sacrifice and patriotism, for the sake of our nation.

“When they leave their homes, there is no guarantee they will return. Yet, they soldier on! This is one of the reasons why we launched a national campaign to seek support for our military and other security agencies in February 2019,” he added.

While commenting on the attack on police formations and the freeing of inmates in Imo State on Monday, the Minister said it was the “most unfortunate, dastardly, condemnable and unacceptable.”

“This attack fits into the growing pattern of inexplicable and anarchical acts by some malcontents, who seem bent on triggering chaos across the land,” he said.

According to him, all persons of goodwill, especially the traditional, religious and political leaders, must “speak up against these anarchists before they throw the country into chaos.”

“Nigerians must fish out those who are acting as ‘agent provocateur’ for reasons best known to them. We must not allow them to win,” he stressed.

However, he noted that “the federal government is resolutely tackling the insecurity in the country and I can tell you the situation will improve drastically in the days ahead.”

“Our security agencies, acting on the directives of Mr President, are taking concrete actions that will significantly reduce the level of insecurity nationwide, and citizens will feel the impact of the security agencies’ actions in the days ahead.”

Share
Related Stories
Image
27-November-2023

Police Arraign Suspect in Dangote Cement Price Slash Scam

By Modupe Gbadeyanka A key suspect in the Dangote Cement price slash scam, Mr Benjamin Ezeukwe, has been arraigned in court by the police in Lagos State. A statement issued by the spokesman of the Lagos Command of the Nigeria Police Force (NPF), Mr Benjamin Hundeyin, disclosed that the accused person was taken to court for prosecution after he was arrested in Rivers State. The Police Public Relations Officer, who is a Superintendent of Police (SP), disclosed that Mr Ezeukwe was picked up by police operatives on Thursday, October 19, 2023, in the Rumuolumeni area of Obio/Akpor local government area

Image
26-November-2023

SERAP Wants World Bank to Halt Loans to Nigeria

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has written to the World Bank to suspend issuing loans to Nigeria’s 36 states over allegations of mismanaging public funds which may include loans obtained from the institution. In the letter dated November 25, 2023, the group specifically wants the bank’s President, Mr Ajay Banga, “to promptly, transparently and effectively conduct an investigation into the spending of loans and other facilities by the country’s 36 state governors and to suspend any loans and funding if there is relevant admissible evidence of mismanagement or diversion of public funds by any of

Image
29-November-2023

GE Vernova Reinforces Ethical Business Practices Across Sub-Saharan Africa

By Adedapo Adesanya Global energy company, GE Vernova, has used a series of events during Compliance Week to emphasise the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts, and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency. Speaking on this, Mrs Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa, said, “At GE Vernova, we believe that integrity is the cornerstone of any successful business. “Our Compliance Week is an

More Stories
Image
17-October-2023

Sanwo-Olu Foresees Lagos as Largest Food Logistics Hub in West Africa

By Adedapo Adesanya The Lagos State Governor, Mr Babajide Sanwo-Olu, has disclosed that the first phase of the largest food logistics hub in West Africa will be inaugurated in the state by 2024 to boost food security. Mr Sanwo-Olu said this while addressing journalists at the grand finale of the 2023 World Food Day celebration at the Nigeria Police College, Ikeja, Lagos, on Monday. The programme tagged Farm Fair, Shop, Eat and Learn was to commemorate the 2023 World Food Day with the theme Water is Life, Water is Food, Leave No One Behind. World Food Day is an annual

Image
04-October-2022

Umar-Sadiq Becomes New NSIA MD/CEO as Orji Leaves

By Modupe Gbadeyanka Mr Aminu Umar-Sadiq has been appointed as the new Managing Director/Chief Executive Officer of the Nigeria Sovereign Investment Authority (NSIA). President Muhammadu Buhari has approved the appointment of Mr Umar-Sadiq, a statement from Mr Yunusa Tanko Abdullahi, the Special Adviser on Media and Communications to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, confirmed on Tuesday, October 4, 2022. Also appointed are two new executive directors for the agency, Mr Kolawole Owodunni and Mrs Bisi Makoju. They are all expected to help steer and transform the investment and infrastructure industry and propel the sector

Image
20-June-2019

Standard Chartered Keeps $50,000 for Female Entrepreneurs

By Dipo Olowookere Five female business owners in Nigeria will receive $10,000 each from Standard Chartered as part of the lender’s strategies to support and promote the economic and social development of women in Nigeria through innovation or technology led entrepreneurship. The bank recently launched the SC Women in Tech Incubator, an initiative focusing on capacity building for women-owned small enterprises. The financial institution said it sees this scheme as a great opportunity to support greater diversity in gender representation within technology entrepreneurship for women in the country. The Standard Chartered Women in Tech programme will target female-led entrepreneurial teams

Image
13-February-2020

Nigeria Offers 30-Year Bond at 14.80%, 5-Year at 12.75%

By Dipo Olowookere The Debt Management Office (DMO) has said it would auction bonds of the Federal Government of Nigeria (FGN) worth N140 billion to investors next week. The papers, which would be taken to the local bond market precisely on Wednesday, February 19, 2020, would be offered in three different tenors. According to a circular released by the debt office, N45 billion worth of 5-year bond, N45 billion worth of 10-year bond and N50 billion worth of 30-year bond would be sold to subscribers. The DMO, in the circular on Tuesday, stated that while the short-dated paper would carry

Image
14-February-2023

OTC Market Opens Week 0.07% Higher

By Adedapo Adesanya The NASD Over-the-counter (OTC) Securities Exchange recorded a 0.07 per cent appreciation on Monday, February 13, spurred by higher buying interests that saw the value and volume of trades jump. In the session, the bourse, which admits unlisted securities, recorded an improvement in the share price of UBN Property Plc by 7 Kobo to sell at 86 Kobo per unit compared with the previous price of 79 Kobo per unit. As a result, the value of the OTC market went up by N680 million to N927.89 billion from N927.21 billion, as the NASD Unlisted Securities Index (NSI)

Image
12-July-2020

Kamaru Usman Retains Welterweight Title at UFC 251

By Adedapo Adesanya Kamaru Usman, popularly known as the Nigerian Nightmare, defeated his Mexican contender, Jorge Gamebred Masvidal, on Sunday to retain his crown as the undisputed welterweight champion at UFC 251. The three judges for the fight unanimously found Usman better than his opponent and scored him 50-45, 50-45 and 49-46. The contenders held the bout at Fight Island in Abu Dhabi after challenger, Masvidal, took the fight on just six days’ notice after original contender Gilbert Burns was forced out of the battle when he tested positive for coronavirus. With this victory, Usman has now tied Georges St-Pierre’s

Image
02-September-2019

No Bank Must Reject Dirty Naira Notes from Customers—CBN

By Adedapo Adesanya  The Central Bank of Nigeria (CBN) on Saturday said that the general public would continue to return mutilated bank notes to their banks after the September 2 deadline. This was according to the Director, CBN Corporate Communications, Mr Isaac Okoroafor who stated in Lagos that people had been misinterpreting the story to say that the banks would stop the collection of mutilated notes after September 2. “It is not true, the banks will continue to accept those notes from people. “The general public should continue to return mutilated bank notes to their banks after the deadline. “The

Image
06-November-2020

Crude Drops Over Unclear US Presidential Election Outcome

By Adedapo Adesanya Crude prices dropped on Thursday, November 5 as the highly contested presidential election in the United States remained with an unclear winner after two days. The global benchmark, Brent crude, dropped 46 cents or 1.22 per cent to sell at $40.77 per barrel while the West Texas Intermediate (WTI) crude fell by 56 cents or 1.43 per cent to close at $38.59 per barrel. The election, which currently has Democratic candidate, Joe Biden, in the lead, is very crucial to the oil market. The former Vice President was in the lead in electoral votes over President Donald

Ad
Ad
Recent Stories
Image
29-November-2023

FrieslandCampina, Others Shrink NASD OTC Securities Exchange by 1.14%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell into the danger zone on Tuesday, November 28, as it recorded a 1.14 per cent loss after the price of three securities on the platform closed lower. This chopped off N13.33 billion from the NASD OTC securities exchange at the close of transactions, going down to N1.158 trillion from the N1.171 trillion it ended in the previous session. Business Post reports that the effort of a price gainer yesterday could not save the NASD Unlisted Security Index (NSI) from declining by 9.84 points to 854.67 points from the 864.51 points

Image
29-November-2023

Naira Plunges 8.3% Amid Rush for Dollar at Official Market

By Adedapo Adesanya The Nigerian Naira weakened further by 8.3 per cent or N67.28 on the American Dollar at the Nigeria Autonomous Foreign Exchange Market (NAFEM) on Tuesday, as investors intensified their demand for the greenback ahead of the festive season rush. Amid a squeeze in the supply of the foreign currency to the market, the value of the local currency closed at N881.88/$1 yesterday compared with the preceding session’s N814.60/$1. Though the supply of FX into the official market improved by 17.9 per cent or $18.00 million to $118.06 million from $100.06 million quoted on Monday, it was not

Image
29-November-2023

Brent, WTI Jump 2% on OPEC+ Cuts Anticipation, Kazakh Oil Disruption

By Adedapo Adesanya The prices of oil benchmarks jumped by 2 per cent on Tuesday on the fresh possibility that the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) will extend or deepen supply cuts. Data showed that Brent crude futures gained $1.70 or 2.1 per cent to close at $81.68 a barrel and the US West Texas Intermediate (WTI) crude increased by $1.55 or 2.1 per cent to $76.41 per barrel after a drop in Kazakh oil output and a weaker US Dollar. OPEC+ is due to hold an online ministerial meeting on Thursday to discuss 2024

Image
29-November-2023

Profit-taking in Bellwether Stocks Pulls Down NGX by 0.44%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited retreated by 0.44 per cent on Tuesday due to selling pressure on some bellwether equities during the session. Shares of Dangote Cement, GTCO, Zenith Bank, Access Holdings, Oando, Lafarge Africa and others experienced a pullback yesterday as a result of profit-taking activities by traders. As a result, the All-Share Index (ASI) receded by 312.76 points to 71,041.05 points from 71,353.81 points and the market capitalisation moderated by N165 billion to N38.875 trillion from N39.040 trillion. The level of activity at the market waned on the second trading session of the week, as

Image
29-November-2023

GE Vernova Reinforces Ethical Business Practices Across Sub-Saharan Africa

By Adedapo Adesanya Global energy company, GE Vernova, has used a series of events during Compliance Week to emphasise the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts, and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency. Speaking on this, Mrs Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa, said, “At GE Vernova, we believe that integrity is the cornerstone of any successful business. “Our Compliance Week is an

Image
28-November-2023

Cytek Advocates Cybersecurity Resilience in Nigeria’s Financial Services Sector

By Adedapo Adesanya Leading global provider of technological solutions YNV Group, through its cybersecurity brand, Cytek, has advocated that stakeholders in the financial services sector prioritise cybersecurity and highlighted key strategies for resilience at a recently hosted webinar for the industry. The session which was held on November 22, was themed Ensuring Cybersecurity Resilience in Financial Services Companies in Nigeria, and served as a pivotal platform for fostering collaboration and knowledge exchange in the sector. Led by cybersecurity experts in the industry, the webinar analysed some of the pressing challenges and emerging threats faced by financial services companies in Nigeria while

Image
28-November-2023

BetWGB Empowers Youths With Omo Adugbo Initiative

By Aduragbemi Omiyale An innovative initiative called Omo Adugbo, designed to tackle the high rate of unemployment among youths across Nigeria, has been introduced by a foremost bookmaker, BetWGB. This schemed, which is part of the company to bridge the youth unemployment gap in the country, involves the provision of an outlet in each local government across the country to serve as the organisation’s contact office within the local area. By establishing these outlets across the country, BetWGB Nigeria aims to impact positively on the local economy and bridge the unemployment gap that has affected many young Nigerians. With a

Image
28-November-2023

Zenith Bank Seeks Operating Licence for Subsidiary in France

By Aduragbemi Omiyale Zenith Bank Plc has taken a huge step to establish a subsidiary in France, and to make this a reality, it has sealed a Memorandum of Understanding (MoU) with the French government. The Chairman of the company, Mr Jim Ovia, confirmed that the lender may commence operations in the European nation next year, though it is working hard to secure a banking licence. This will add to other countries Zenith Bank has presence in, including Ghana, Sierra Leone, The Gambia, and a Representative Office in China. Speaking at a signing ceremony on Friday, November 24, 2023, Mr

Image
28-November-2023

Stanbic IBTC Capital Shines at AIHN Awards

By Modupe Gbadeyanka Like a golden fish, which has no hiding place, Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, was the cynosure of all eyes at the recently concluded Association of Issuing Houses of Nigeria (AIHN) Investment Banking Dinner and Awards ceremony. At the event held in Lagos, the company went home with five awards, named as the Best Investment Bank in Nigeria, the Equity Deal of 2022, the Best Equity House of 2022, the Best Corporate Bond House 2022 and the M&A Deal of the Year 2022. The recognitions spread across Stanbic IBTC Capital’s Advisory,

Image
28-November-2023

Slave Wages for Contract Private Security Guards in Nigeria

By Emmanuel Udom Today, most contract security guards are earning slave wages, putting their lives in danger while ensuring the safety of other people, corporate bodies, government agencies, etc, 24/7. It is noted that all over the world, security business is deadly, risky, slippery, dangerous and sophisticated. Like in other business concerns, owners of registered and yet-to-be-registered private security companies are in for raw deals. They are driven by profits, the laws of supply and demand and the desperate hustle for big, juicy contracts, our investigations have shown. Private contract security companies hire all sorts of people, give them one