General
Nigerian Army to End Operation Python Dance II October 14
By Dipo Olowookere
The Nigerian Army has said it would conclude its Operation Python Dance II in the south east region of the country on Saturday, October 14, 2017.
Deputy Director of Public Relations at the 82 Division of the Nigerian Army, Colonel Sagir Musa, disclosed in a statement that the field training exercise code named Exercise Egwu Eke (Python Dance) II, which kicked off on September 15, 2017, is meant to sharpen the skills the troops in the conduct of internal security operations.
Colonel Musa further said the exercise was also aimed to combating the security challenges in the South East, pointing that the army was well equipped to deal with the rising cases of insecurity such as kidnappings, farmers-herdsmen clashes, cultism, armed robbery, communal crisis, violent secessionist agitations, insurgency among others.
“For emphasis, it is necessary to restate that the exercise and similar ones with different coded names in some parts of the country were deliberately initiated and conducted with an overarching aim of checkmating identified security challenges prevalent in the regions where they were carried out.
“Some of the successful military exercises include: Operation Sharan Daji in tackling livestock rustling and armed banditry in the Northwest; Operation Awatse to tackle militants and oil installation vandals in South-West, especially in the creeks between Lagos and Ogun States; Operation Shirin Harbi in addressing restiveness in the North-East, especially Bauchi and Gombe States; Op Shirin Harbi in containing the rein of killers in Southern Kaduna; Op Harbin Kunama in resolving rustling and armed banditry in forest along Sokoto-Zamfara axis and Op Crocodile Smile, popular in the South-South to combat Criminal elements engaged in the destruction of oil pipelines and installations,” he said.
The army spokesman urged law abiding citizens to go about their normal businesses without fear, emphasising that the exercise “is not targeted at any individual or group.”
Recall that the first Python Dance exercise was carried out in the South Eastern Region from November 27 to December 27, 2016.
The peculiar security challenges in the region such as kidnapping, abduction, armed robbery, farmers/herdsmen clashes, communal crisis, traffic gridlock and violent secessionist agitation among others as the targets of this exercise were successfully addressed.
The concept of the current exercise, like the previous one is purely Command Post, Field Training and Real-Time Exercise, the army said.
It added that the exercise is aimed to enhance troops’ agility and preparedness across the spectrum of contemporary and emerging security challenges peculiar to South Eastern region.
The statement pointed out that the exercise is three in one, in that – it was – deliberately designed as – a Command Post Exercise that transmuted into Field Training Exercise and where necessary dovetailed into real-time mission or activities such as anti-kidnapping drills, patrols, raids, cordon, and search, check points, road blocks and show of force.
The army said one interesting aspect of the exercise is that it is multi-agency in nature and execution.
Relevant para-military organizations such as elements of the Nigerian Police Force, Nigerian Security and Civil Defence Corps, State Security Services and Federal Road Safety Commission synergized and collaborated to ensure successful execution and attainment of outlined objectives.
Also, the non-reliance on only military line of operation to achieve the end states of the exercise was part of the texture of the strategy.
For this reason, an elaborately generous civil-military cooperation line of operation had been successfully planned and executed during this exercise, the statement said.
“In this regard, some relevant Nigerian Army Corps and Services such as the medical corps and engineers corps carried out medical outreaches, roads and schools repairs across the South Eastern region.
“On the whole, the exercise has numerous objectives. Some of which are; to practice participating units on planning, preparation and conduct of internal security operations, intensify training on counter terrorism and internal security operations as well as to deter the activities of kidnappers, cultists, armed robbers and violent secessionist agitators.
“Others are – synergizing with relevant Para- Military services to address the identified threats and sharpening the skills of troops towards curtailing current and emerging security challenges peculiar to the South Eastern region,” the Army noted.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
General
CBN Tasks New ACGSF Board on Tech-driven Agric Financing
By Adedapo Adesanya
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has inaugurated a new board for the Agricultural Credit Guarantee Scheme Fund (ACGSF) with a renewed push to expand agricultural lending through technology, innovation and deeper financial inclusion.
Speaking at the inauguration in Abuja, Mr Cardoso said the scheme, established in 1977, remains a critical instrument for de-risking credit to farmers nationwide.
“The ACGSF has demonstrated enormous value in supporting Nigeria’s food system. With repayment rates consistently between 90 and 98 percent, it is clear that farmers can deliver when given access to credit,” he said.
The CBN Governor stressed the need for a more modernised approach to agricultural finance.
“We must scale up innovation, deepen inclusion and deploy technology to ensure that more farmers, especially women and youth, can benefit from this scheme,” Mr Cardoso stated, charging the new board to strengthen collaboration with financial institutions while ensuring real-time tracking and monitoring of loans to improve productivity and safeguard the fund’s integrity.
The newly inaugurated Board is chaired by Dr Olusegun Oshin, with members including Professor Murtala Sabo Sagagi, Dr Nneka Onyeali-Ikpe, Mr Frank Satumari Kudla, Ms Olusola Sowemimo, Ms Adetoun Abbi-Olaniyan and Mr Wondi Philip Ndanusa.
Mr Cardoso expressed confidence in the team’s ability to reposition agricultural credit delivery.
“This Board comes at a crucial time. We expect stronger oversight, improved efficiency and a renewed focus on rural livelihoods,” he said.
According to a statement from the apex bank, Deputy Governors, Directors and senior officials of the bank were present at the ceremony.
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