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Obasanjo, PDP Envious of Buhari Achievements—Presidency

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By Dipo Olowookere

Former President Olusegun Obasanjo has been lambasted by the presidency for having the effrontery to criticise the administration of President Muhammadu Buhari for the umpteenth time.

In his latest outburst, the former Nigerian leader, who governed the nation first as a military officer and later as a civilian, said the country was getting more divided under his former ‘boy’ in the military.

But the Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, in a statement on Sunday to respond to Mr Obasanjo’s comments, described the Ota, Ogun State-born farmer as the “Divider-in-Chief” of Nigeria.

Mr Shehu said Mr Obasanjo and the Peoples’ Democratic Party (PDP), under whose platform he governed the country, are only envious of the achievements of Mr Buhari.

“This President has run an administration focused on infrastructure and development. He has repaired our damaged relations with neighbours and our traditional allies such as the UK, US, China, Russia, France, Germany, Saudi Arabia and the others with lots of benefits to the country.

“It is a pro-business administration that has used diplomacy to unlock bilateral trade and investment.

“He leads a government that has liberalized the investment climate and market access by achieving reforms that have placed the country in the list of the world’s top reforming economies.

“Nigeria, which other nations had mocked and ridiculed for so many things that were wrong is today progressing at a pace reflecting its size and potential,” the presidency said.

Mr Shehu said President Buhari has shown courage by removing fuel subsidy despite not being popular with many Nigerians.

But he said this decision will help to plug some of the most horrendous notorious holes, noting that the release of scarce resources for the “more pressing needs of the people has also not escaped the ire of the former president.”

“It takes courage and rare statesmanship on the part of a leader to do as President Buhari to shun populism and seek the best interest of the people and the state, providing the kind of reform and development that Nigeria urgently needs,” he said.

According to him, “It’s a known fact that the withdrawal of subsidies had been on the wish list of the Obasanjo-led PDP.

“They failed in achieving these measures because, one. there was a shared greed. They plundered the treasury as much as anyone could in the name of either subsidy or waiver with reckless impunity.”

Mr Shehu said Mr Obasanjo is only attempting to divide the nation while President Buhari continues to promote nation-building and the unity of Nigeria.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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NIMASA Clarifies Use of Technology in Concession of Operations

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By Adedapo Adesanya

Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its resolve to embrace technology as a means of enhancing capacity to deliver on its regulatory mandate more effectively and generate additional revenue for the government is being misinterpreted in some quarters as concession of its operations.

NIMASA, in a statement, said a pivotal innovation in this regard is the Maritime Enhanced Monitoring System (MEMS).

“This system brings digital traceability to the core of Nigeria’s maritime operations. MEMS provides real-time visibility into vessel movements, operational logs, and regulatory interactions. Through automated alerts, smart invoicing, and centralized data integration, NIMASA can now detect, document, and respond to maritime activities with greater precision and efficiency—eliminating unnecessary bottlenecks while strengthening compliance,” it stated.

It listed additional recipients targeted as waste reception services, a routine operation for both domestic and international vessels have traditionally lacked proper tracking, resulting in unmonitored activities and significant revenue losses.

“With MEMS, each waste offload can be logged, time-stamped, and automatically billed, converting previously missed opportunities into a consistent revenue stream while ensuring environmental standards are met,” the statement said.

“Marine pollution control, another critical area of NIMASA’s mandate, has similarly been constrained by limited digital tools. In the absence of satellite tracking and automated reporting, pollution events often go unnoticed or are reported too late to mitigate their impact. With the integration of modern surveillance systems, digital logbooks, and real-time alerts, NIMASA can now respond swiftly to such incidents, recover environmental damages, and hold polluters accountable—both legally and financially.

“It is important to emphasize that past revenue shortfalls experienced by the Agency mainly stemmed from outdated manual processes, fragmented data systems, and insufficient digital enforcement mechanisms which allowed some external elements to capitalize on the loopholes for personal gains .

“The current reforms being implemented by NIMASA are focused squarely on overcoming these limitations. By investing in digital infrastructure and streamlining monitoring systems, the Agency is positioning itself to fulfill its statutory obligations with transparency, efficiency, and accountability,” it added.

NIMASA therefore called for the support of its transformation journey as it aligns with the broader national objectives of the Ministry of Marine and Blue Economy under the Renewed Hope Agenda of President Bola Tinubu.

“The Agency remains committed to strengthening Nigeria’s maritime governance, ensuring environmental safety, and optimizing revenue for the nation,” the statement said.

“It is worthy of note that the Deep Blue Project of the Agency which now enjoys global recognition also witnessed such resistance at the initial stage,” it stated.

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Innovate Africa to Tackle Wickedest Problems on World Product Day 2025

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By Adedapo Adesanya

Innovate Africa, the product-led fund backing bold early-stage innovators, has announced it will host the Lagos edition of World Product Day 2025 on Wednesday, May 21, 2025,  at The Strong Tower Hall in Lagos to tackle the world’s “wickedest” problems.

The one-day conference marks the culmination of a continent-wide transformative sprint, moving from grassroots problem identification to prototype-ready solutions that address Africa’s most complex and urgent challenges.

According to a statement shared with Business Post, World Product is a global initiative by Mind the Product, celebrated in over 100 cities worldwide. Curated by Innovate Africa, the Lagos gathering offers a high-impact, single-day conference that connects product builders, engineers, founders, and enterprise teams through thought leadership discussions, practical learning, and talent engagement.

Themed Bold Builders Wanted, the initiative began in March with an open Ideathon, which crowdsourced real-world challenges from across the continent. Innovate Africa distilled the hundreds of entries into  12 “wicked problems” spanning healthcare, climate resilience, digital infrastructure, consumer protection, and public services.

In April, the fund assembled multidisciplinary teams and product owners, who through structured sprints pushed each idea to prototype stage. The top 5 teams will pitch their solutions live in Lagos for a $2,000 grand prize and a comprehensive post-event support package designed to help transform early-stage ideas into scalable ventures. In addition, finalist teams could receive incubation support, or mentoring.

Set to bring together up to 250 curated participants, including mid- to senior-level professionals, founders, hiring managers, and ecosystem leaders, confirmed speakers include Mr Mustapha Otaru, Chief Product Officer at Sterling Bank; Mr Andrew Obuoforibo, Head of Product at 54 Collective; and Mr Isma’il Shomala, Chief Product Officer at Go Money.

In addition to the hackathon finale, the event highlights will include: Product Career Fair, a curated matchmaking between top-tier product and engineering talent and leading African tech employers; Hands-On Product Workshops, a facilitated training on customer discovery, product strategy, and experimentation; and Fireside Chats & Panels, an intimate discussions with product executives, including a spotlight session with top tech companies in Africa, including Moniepoint.

Kristin H. Wilson, Managing Partner of Innovate Africa Fund, said “Too many of Africa’s wicked problems are still meeting surface solutions –  shiny tech, borrowed models from markets such as the US, and large funding rounds – before the problem has been clearly defined.

“If we really want to solve these challenges, we need to start by listening, get clear on what’s broken and then roll up our sleeves with  builders who lead with empathy,  context, and a bias for execution. That’s really what World Product Day Lagos is about – a day to move lived experience into tested prototypes and to line up capital, expertise and networks that can carry the strongest ideas to product-market fit.”

Product builders, engineers, founders, and enterprise teams are invited to register at https://lu.ma/jnjimijz to attend World Product Day Lagos 2025 and be part of a movement turning bold ideas into breakthrough products.

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Adeleke Lauds Dangote for Distributing 30,000 Bags of Rice in Osun

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By Modupe Gbadeyanka

The Governor of Osun State, Mr Ademola Adeleke, has praised prominent Nigerian businessman, Mr Aliko Dangote, for the distribution of 30,000 bags of rice to economically challenged persons in the state.

Mr Dangote shared the staple food over the weekend through his Aliko Dangote Foundation (ADF) under the National Food Intervention programme.

Mr Adeleke, while flagging off the distribution, expressed gratitude to the industrialist and philanthropist for the unwavering commitment to the well-being of the vulnerable as well as the fight against hunger and poverty in Nigeria and Africa.

He said the distribution of 30,000 bags of 10 kg size of rice to all vulnerable groups in all the local government areas of Osun state would go a long way in alleviating the food crisis facing them due to the food inflation ravaging the country and Africa at large.

The Governor, represented by the state’s Commissioner for Agriculture and Food Security, Mr Tola Faseru, saluted Mr Dangote for the effort to support Osun state at this time of economic challenges impacting the vulnerable people in society.

“The distribution of these bags of rice to the indigents is a significant step towards addressing food security and poverty alleviation in the state.

“I must commend the efforts of the foundation again in making life meaningful to this set of people who need food assistance. Together, we can build a prosperous society for all,” he stated.

He assured that many vulnerable groups and their members would benefit from the rice distribution, particularly people with disability (PWD), the aged, motherless babies’ homes, youth groups, farmers, artisans and many more.

The Governor emphasized the need for continuous collaboration with the foundation on initiatives that bring relief to the vulnerable in the country, adding that it is on record that his administration continues to provide relief to the people of Osun via several palliative initiatives.

Also, the Special Adviser to the Governor on Agriculture, Mr Olaniran Akanfe Atidade, described the foundation’s gesture as a significant effort towards food security and poverty alleviation.

A representative of the foundation, Mr Victor Ejiro, in his remarks, said Osun State is “dear to the heart of our chairman and his foundation, hence the need to prioritize the state.”

He added that the foundation has continuously targeted one million vulnerable Nigerians in its Annual National Food Intervention Program.

The 2025 rice distribution programme, according to Mr Ejiro, is targeted at beneficiaries in all the 774 local governments in Nigeria. He added that this is a direct response to cushioning the effect of the harsh economic conditions among the vulnerable.

It was gathered that representatives of various beneficiary groups were presented with their allocation of bags of rice, expressing their appreciation to ADF for the invaluable gesture and support.

Recall that in March 2025, the foundation commenced its 2025 National Food Relief Programme aimed at distributing over one million 10kg bags of rice across the 774 local government areas of the 36 states and FCT in Nigeria.

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