General
Nigeria Seeks Stronger Ties Against Gulf of Guinea Piracy
By Adedapo Adesanya
The Federal Government of Nigeria has called on countries in the Gulf of Guinea to strengthen ties towards ensuring regional stability.
The Minister of State for Budget and National Planning, Mr Clement Agba, made the call at the graduation of the Anti-Piracy Course 3/2022 organised by the Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPKC) in Abuja recently.
The course was organised in partnership with the United Nations Development Programme (UNDP) with the support of the Government of Japan.
The Minister was represented by the Director of International Cooperation, Ministry of Finance, Budget and National Planning, Mr Lanre Adekanye.
He said the course was meant to checkmate the recurrent phenomenon of piracy in the Gulf of Guinea region and countries bordering it.
According to him, being a major international economic route, the need to improve maritime security along the coastlines, territorial economic seas, and exclusive zones cannot be overemphasised.
“It is, therefore, heartwarming to note that the Government of Japan has spearheaded the funding of the project as a bilateral cooperation effort through the UNDP and MLAILPKC.
“This Project aligns with international best practices towards enhancing the capabilities and capacity of relevant security institutions with the assistance of Member State Governments to create a more secure, stable and prosperous continent.
“It is important to protect and utilise our natural resources as a means for economic growth, jobs creation through robust regional and international trade, increased export and import, and balance of payment, amongst others.
“The menace of piracy has, however, denied us these opportunities and has further impoverished the continent,” he said.
Mr Agba emphasised the need for maritime countries in the Gulf of Guinea to be equipped with strong, professional military and law enforcement institutions that could provide the setting for maritime trade to flourish.
He added that when maritime trade freely sailed across the seas, economic development and the opportunity for prosperity were possible.
He said the initiative of the Counter-Piracy and Response Project would help countries in the region protect their resources and help provide these resources for their prosperity and their people.
On his part, the Commandant, MLAILPKC, Maj.-Gen. Auwal Fagge said the objective of the course was to enhance participants’ understanding of the issues involved in piracy, its implications and measures required to counter the high-security challenges, conflicts and other maritime crimes in the region.
He said the objectives had been fully achieved, adding that it had broadened their horizon on the root causes of piracy and other maritime crimes in the Gulf of Guinea and measures put in place to counter piracy.
Some of the measures, according to him, include inter agencies’ roles, and member states’ efforts to counter piracy through the judiciary, armed forces and other security agencies.
“It is hoped that what you have learnt here would reflect on your performances and general conduct in your various places of deployment or work,” he said.
The commandant thanked UNDP, the Japanese government, services chiefs and participating countries for making the course a reality.
The Japanese Ambassador to Nigeria, Mr Matsunaga Kazuyoshi, represented by the Defence Attaché, Lt.-Col. Kazuaki Uchiumi, urged participants to redouble their anti-piracy efforts upon returning to their home institutions.
He said the government of Japan had emphasised the importance of human resource development and business promotion in Africa and the government of Japan’s contribution to such efforts during the 8th Tokyo International Conference on Africa (TICAD8) in Tunisia.
He also called for stronger collaboration among the countries in the region to tackle the menace of piracy in the Gulf of Guinea.
One of the participants, Cdr Kanu Kabadi of the Angolan Navy, said the course had broadened his understanding of the need for member states to strengthen partnerships in countering piracy in the Gulf of Guinea, pledging to deploy the knowledge gained in the fight against pirates in the region in various ways.
By Adedapo Adesanya
The European Union (EU) has officially removed Nigeria from its list of High-Risk Third Country Jurisdictions.
This decision follows Nigeria’s successful exit from the Financial Action Task Force (FATF) “grey list” in late 2025, signaling international recognition of the country’s improved anti-money laundering and counter-terrorism financing (AML/CFT) frameworks.
The development is expected to ease trade, payments and investment flows between the country and Europe
The European Commission confirmed that Nigeria, alongside South Africa, Burkina Faso, Mali, Mozambique and Tanzania, had strengthened its AML/CFT regimes and no longer posed “strategic deficiencies” under EU assessment standards.
The commission noted that the affected countries had implemented reforms that brought their financial systems in line with international standards set by the FATF.
Reacting to the development, the Minister of State for Finance, Mrs Doris Uzoka-Anite, described Nigeria’s removal from the list as a major boost to investor confidence.
On a post on X on Thursday, she wrote, “Big win for Nigeria! Removed from EU’s financial ‘high-risk’ list!Congrats to President @officialABAT on this achievement. As Minister of State for Finance, I’m proud of this boost to trade and investor confidence.”
Being on the EU’s high-risk list previously meant that transactions with European partners required enhanced due diligence, stricter documentation, and additional oversight.
Nigerian businesses and banks faced increased scrutiny, which slowed cross-border trade and complicated investment flows.
The lifting of enhanced due diligence requirements is scheduled to take effect on January 29, 2026, following confirmation by the Commission confirmed that Nigeria has addressed strategic deficiencies and strengthened its financial governance through critical legislative reforms, such as the Money Laundering (Prevention and Prohibition) Act.
The development could have a series of positive impact including the provision of several immediate and long-term benefits as well as reduction of compliance costs.
As a result, EU financial institutions will no longer be legally required to apply “enhanced due diligence” to transactions involving Nigeria, which previously involved more intrusive checks and rigorous documentation.
It will also enhance smoother cross-border trade by simplifying trade and payment flows between Nigeria and European partners, reducing the complexity and time required for transactions.
Nigerian officials, including the Minister of State for Finance, have highlighted this as a “major boost” to investor confidence, positioning Nigeria as a more credible destination for international capital.
By Aduragbemi Omiyale
Cash and gifts worth about N15 billion were given out to distributors and customers of Dangote Cement Plc at a ceremony organised to reward their continued loyalty, resilience, and outstanding performance.
At the event, held recently at Eko Convention Centre, Lagos, the chairman of president of Dangote Industries Limited, Mr Aliko Dangote, described the distributors as the heartbeat of the organisation and thanked them for their dedication in ensuring the Dangote products reach communities nationwide.
Business Post reports that the 2026 Distributors’ Awards Night, held under the theme, Partner for Growth, recipients received an impressive array of gifts, including cash prizes, containers of cement, high-end SUVs, and CNG-powered trucks.
Mr Dangote used the occasion to reiterate the company’s Vision 2030 strategy, aimed at transforming Dangote Group into a $100 billion enterprise by 2030.
The plan, he explained, focuses on industrial expansion, cross-border investments, and building Africa’s self-sufficiency in sectors such as energy, manufacturing, and infrastructure.
“Your tireless work in the field, your alluring commitment to our products and your direct engagement with our customers are what turn our vision and strategies into tangible results,” he posited.
“Vision 2030, an integral aspect of our Africa First project, was borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits – people who dream big, work hard, and never stop believing in what is possible,” he added.
On his part, chairman of the board of Dangote Cement, Mr Emmanuel Ikazoboh, highlighted the critical role of distributor partnerships in ensuring the company’s products reach every corner of the country.
“Tonight, we are giving out about ₦9 billion in cash to our distributors. For some of you, it will be a double celebration, as you may receive two alerts in recognition of both your volume and growth results,” he disclosed.
“In addition to the cash prizes, we have prepared other exciting gifts, including CNG-powered trucks, high-end cars, and more, to show our appreciation for your commitment and outstanding performance,” he added.
The board chairman further outlined the company’s plans to start the year strong by supporting its distributor partners, stressing the importance of supply chain efficiency and profitability as key pillars for growth.
Mr Ikazoboh also noted that the company has invested in new CNG-powered trucks, as the company’s target at the end of 2027 is to have all its trucks CNG-powered, supporting both logistics efficiency and empowering customers.
“We have made significant investments in new Compressed Natural Gas (CNG)-powered trucks. This initiative not only empowers our customers but also emphasises our dedication to corporate responsibility and global sustainability guidelines. These rewards reflect our promise to support customers and champion sustainable business practices,” he stated.
By Adedapo Adesanya
The Nigerian Navy has launched Operation Delta Sentinel, a new maritime security initiative designed to curb crude oil theft, secure critical oil assets and support the federal government’s ambition to ramp up crude production to 2.5 million barrels per day by 2027.
The operation, which replaces Operation Delta Sanity II, was formally unveiled at the Nigerian Navy Ship (NNS) Pathfinder Jetty in Port Harcourt, marking a renewed push to stabilise the Niger Delta and protect Nigeria’s oil-dependent economy.
Speaking at the launch, Commander Task Group 26.1, Operation Delta Sentinel, Rear Admiral Suleiman Ibrahim, said the initiative was aligned with the Federal Government’s drive to boost oil exploration and production under the Project 1 Million Barrels Per Day initiative of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
“The transformation from Operation Delta Sanity II to Operation Delta Sentinel is necessitated, among other considerations, by the Federal Government drive to increase oil exploration and production,” he said, adding that, “It is further anticipated that oil production would be about 2.5 million barrels per day by 2027.”
Rear Admiral Ibrahim, who is also the Flag Officer Commanding, Central Naval Command, said Operation Delta Sentinel would run for an initial one-year period, subject to 90-day renewable mandates, and would focus on denying criminal networks access to Nigeria’s maritime and oil infrastructure.
“Our objective is clear and unambiguous: to deny criminal elements freedom of action, protect critical national oil assets, support legitimate economic activities and contribute to enduring peace and stability in the Niger Delta,” he stated.
He explained that the operation would rely heavily on intelligence-driven missions, enhanced inter-agency collaboration and advanced surveillance tools, including Maritime Domain Awareness infrastructure, new maritime platforms, and manned and unmanned air assets.
“Our approach will be deliberate, innovative and technology-enabled. These capabilities will enable us to optimise asset utilisation, improve situational awareness and maintain a proactive operational posture,” he added.
The Navy said early indicators already show progress, noting that crude oil losses have dropped by about 90 per cent, from 102,900 barrels per day in 2021 to 9,600 barrels per day as of September 25.
Earlier, Flag Officer Commanding, Eastern Naval Command, Rear Admiral Chiedozie Okehie, highlighted the achievements of Operation Delta Sanity II, which was launched on December 30, 2024, to combat crude oil theft, illegal bunkering and pipeline vandalism.
“Operation Delta Sanity II lived up to expectations and made measurable contributions to national security and economic stability,” the Naval commander said.
According to him, between January 1 and December 31, 2025, the operation led to the arrest of 203 suspects, the deactivation of 324 illegal refining sites, and the seizure of stolen petroleum products valued at over N3.65 billion.
“An estimated 3.78 million litres of stolen crude oil, over 1.09 million litres of illegally refined AGO, 86,210 litres of PMS and 74,300 litres of kerosene were seized and appropriately handled,” he disclosed.
Rear Admiral Okehie added that the Navy’s operations, supported by collaboration with regulators, security agencies, oil industry stakeholders and host communities, contributed to a significant decline in crude oil losses, with NUPRC reporting the lowest loss levels since 2009 in September 2025.
With Operation Delta Sentinel now in force, the Navy said it is positioning itself as a key enabler of Nigeria’s oil production growth, investor confidence and long-term stability in the Niger Delta.
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