General
Nigeria Must Probe Death of Channels TV Reporter—CPJ
Authorities in Nigeria have been charged to commence an immediate investigation into the death of a reporter for the privately owned Channels TV, Precious Owolabi, who died from a gunshot wound he sustained while covering a protest by members of the Islamic Movement in Nigeria, which later turned violent, with a senior cop shot dead and nine others killed.
During the July 22 demonstration in Abuja, the protesters, who were demanding for the release of their leader, Mr Ibrahim El Zakzaky, had a confrontation with the police, who allegedly opened fire on them.
After he was hit by a stray bullet, Mr Owolabi was taken to a hospital, but died later in the day and was buried on Thursday in Kaduna, where his parents reside.
Commenting on the incident, CPJ Africa Program Coordinator Angela Quintal, said, “A swift and credible investigation into the shooting that killed Precious Owolabi is critical for journalists in Nigeria to believe the government is committed to their safety, adding that, “Journalists should never be targeted during the course of their work, and when members of the press are harmed, those responsible must be held accountable.”
Tavershima Adongo, a medical and health consultant with the Premium Times Centre for Investigative Journalism, told CPJ that he watched the confrontation from the window of a ministry of health building.
“I think he [Owolabi] still wanted to record the event, so he moved closer to the crowds and they shot him,” Adongo said, adding that he “couldn’t tell exactly which side” the bullet came from because his view of the journalist at that moment was obstructed by a parked car.
Mr Adongo said the shot that hit Owolabi came after police fired tear gas and some protesters had advanced toward the police. “[Owolabi] was in between [the protesters and police]. He didn’t leave his position. Maybe he thought perhaps he was not going to be harmed…the police took him away [after he was hit],” Adongo said.
A journalist who was at the scene, but requested anonymity for fear of reprisal, told CPJ he saw police fire their guns and that he did not see protesters with firearms.
Police spokesperson, Mr Frank Mba, told CPJ via phone that as well as Owolabi, deputy police commissioner Usman Umar was shot and died from his injuries.
Mba said, “The first hypothesis is that these guys were all shot by the protesters and the deputy commissioner of police was shot point blank, at close range, by the protesters.”
When asked if the police had fired shots during the confrontation, Mr Mba said, “When the rioters started shooting at the policemen, they [policemen] needed to fire shots into the air to let [the protesters] know that [the police] equally have weapons. They fired warning shots. When we handle protesters in this country we are guided by the principle of proportionality of force and we will always adhere to our rules of engagement and international best practices.”
Adullahi Muhammed, the Islamic Movement in Nigeria’s secretary to the academic forum, told CPJ that he was at the front of the protest and did not see any protesters with firearms. He added that some threw rocks at police after police began shooting.
John Momoh, the chairman of Channels TV’s parent company, Channels Media Group, has asked police to open an investigation into Owolabi’s killing, according to a report on the Channels TV website.
Suleiman Aliyu, another member of Nigeria’s National Youth Service Corps and a reporter with the Daily Leadership A Yau, the Hausa language service of the Leadership newspaper, was also shot and injured at the protest, but he was not reporting at the time, according to the Leadership.
Nigerian President Muhammadu Buhari tweeted condolences to the families of Owolabi and Umar.
By Dipo Olowookere
Eight persons, comprising four Nigerians and four foreigners, believed to have promoted the failed Ponzi scheme, Crypto Bridge Exchange (CBEX), in Nigeria have been declared wanted by the Nigeria Police Force (NPF).
Recall that a few weeks ago, several investors lost their hard-earned funds in the investment scheme, which the Securities and Exchange Commission (SEC) said it did not authorise.
The platform crashed and went away with investors’ money after it made it impossible for them to withdraw their funds. It later asked them to pay an activation fee of $100 and $200, depending on what was in their wallets.
The crashing of CBEX triggered attacks on its offices, especially in Ibadan, Oyo State, by aggrieved investors, whose funds’ were trapped in CBEX.
Already, the EFCC has swung into action, arraigning the promoters of the investment scheme in court, though four of them are at large.
In a notice on Friday night, the agency said it was looking for the fugitive, asking members of the public with information about their whereabouts to come forward to aid their arrest.
The anti-money laundering organisation listed the wanted persons as Seyi Oloyede, Emmanuel Uko, Adefowowa Oluwanisola, and Adefowora Abiodun Olaonipekun, and listed Johnson Okiroh Otieno, Israel Mbaluka, Joseph Michiro Kabera, and Serah Michiro as the foreign accomplices.
“The public is hereby notified that the persons whose photographs appear above are suspected foreign accomplices wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX)
“Anybody with useful information as to their whereabouts should please contact the Commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, llorin, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices or through 08093322644; its e-mail address: info@efcc.gov.ng or the nearest Police Station and other security agencies,” the notice signed by its spokesman, Mr Dele Oyewale, stated.
By Adedapo Adesanya
Nigeria’s National Economic Council (NEC) has approved the establishment of Cotton, Textile and Garment Development Board as part of efforts to drive non-oil revenues.
This was disclosed by the Governor of Imo State, Mr Hope Uzodinma, while briefing State House Correspondents at the end of the 149th NEC meeting chaired by the Vice-President, Mr Kashim Shettima, on Thursday at Presidential Villa, Abuja.
He explained that in order to make the board function effectively, the council approved a proposal for Public-Private Partnership (PPP).
Mr Uzodinma stated that the chairman of the board would be selected from the private sector, adding that the body would be funded from import levies on textiles.
“The National Economic Council, among others things, received a representation from the members and leadership of Cotton, Textile and Garment Development Forum.
“These are private sector operatives who are into the cotton business, garment and textiles and the presentation highlighted their proposal on how to revitalise the cotton industry in Nigeria.
“The council endorsed the presentation and approved the establishment of a National and regional Offices for the board in each of the six geopolitical zones for proper coordination,” said Mr Uzodinma.
On his part, Governor Douye Diri of Bayelsa said the council also received proposal from the Minister of Livestock Development on acceleration strategy for the livestock industry.
He said the presentation was on on a plan to transformation the livestock industry between 2025 and 2030, stating that the strategy was built on the national livestock growth acceleration plan, which is expected to transform the sector to create jobs, export products and serve as an engine room for internally generated revenue.
“The projection is that the strategy will generate between $74 billion down and $90 billion in that sector by the year 2035.
“It will be a direct partnership with the state governors, the private sector and foreign investors under a very sound federal regulatory umbrella,” said Mr Diri.
He added that the investment would be prioritised into five key pillars between 2025 and 2026, saying the pillars are: animal health and zones control, feed and further development, water resources management, statistics and information and livestock value chain development.
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced plans to commence the disbursement of the $700 million Cabotage Vessel Financing Fund (CVFF) within the next four months.
Last week, the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, instructed the maritime regulator to initiate the long-awaited disbursement process for the fund.
This directive marked a significant shift from over two decades of administrative stagnation and ushers in a new era of strategic repositioning of Nigeria’s indigenous shipping.
Speaking on Wednesday, NIMASA’s Director General, Mr Dayo Mobereola, providing a timeline for the disbursement said this will happen within the next four months, which by calculation, is August 2025.
He made the announcement during an oversight visit by the House of Representatives Committee on Maritime Safety, Education, and Administration in Abuja, according to the News Agency of Nigeria (NAN).
“We are acting in accordance with the directive of the Minister to ensure indigenous shipowners finally have access to this critical funding. The guidelines have been streamlined based on the Minister’s approval, so beneficiaries can access the funds within three to four months,” he said.
“To effectively manage the $700 million intervention fund, the number of Primary Lending Institutions (PLIs) has been expanded from five to twelve.”
The CVFF, established under the Coastal and Inland Shipping (Cabotage) Act of 2003, was designed to empower Nigerian shipping companies through access to structured financing for vessel acquisition. However, successive administrations failed to operationalize the fund—until now.
According to Minister Oyetola, the disbursement of the CVFF will represent not just the release of funds, but a profound commitment to empowering Nigerian maritime operators, bolstering national competitiveness, and fostering sustainable economic development.
“This is not just about disbursing funds. It’s about rewriting a chapter in our maritime history. For over 20 years, the CVFF remained a dormant promise. Today, we are bringing it to life—deliberately, transparently, and strategically,” he stated.
NIMASA, in alignment with the Minister’s directive, has already issued a Marine Notice inviting eligible Nigerian shipping companies to apply.
Qualified applicants can access up to $25 million each at competitive interest rates to acquire vessels that meet international safety and performance standards.
The fund will be administered in partnership with carefully selected and approved Primary Lending Institutions (PLIs), ensuring professional and efficient disbursement.
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