Connect with us

General

Ogunbiyi Vows to Replicate Mutual Benefits Assurance’s Success in Osun

Published

on

Akin Ogunbiyi Mutual Benefits

By Aduragbemi Omiyale

The governorship candidate of Accord Party in the forthcoming election in Osun State, Mr Akin Ogunbiyi, has promised to replicate the success he achieved at Mutual Benefits Assurance Plc in the state if elected governor this year.

Residents of the 30-year-old state head to the polls on July 16, 2022, and Mr Ogunbiyi, who is the founder and group chairman of Mutual Benefits, believes he has what it takes to provide a sustainable economy for the state.

In a chat with newsmen in Osogbo, the entrepreneur said Osun State should not have any reason to be in the same sentence with underdevelopment based on the huge human and material resources it is blessed with.

According to him, the state has arable farmland covering over 9000 kilometres, mineral deposits, tourist sites, and aquatic habitat, among others, but despite these, it “remains in the backwater of underdevelopment.”

He pointed out that the resources have been badly managed to the extent that it ranks third in the list of most indebted states in Nigeria, with over N200 billion debt overhang; while it receives a lean N1.7 billion monthly allocation from the federation account (due to deductions) and generates a lowly N13 billion monthly revenue.

The graduate of Agricultural Economics from Obafemi Awolowo University, Ile-Ife, Osun State, said with very few viable capital projects, which come in form of future investments, Osun State battles low productivity, unemployment and poverty.

But he assured that if elected next month, he will transform the state into an enviable one as he will reengineer the economy to become more viable and buoyant, a far cry from its present comatose state.

The self-acclaimed “venturer” stressed that he will look “for opportunities to create and deliver value” as he will “approach leadership from an entrepreneurial and revenue-generating mindset and not just sit down and depend solely on monthly federal allocation.”

“We must strive to end Osun State economy rallying around three services: civil servants, teachers and peasant farmers,” he said pledging to work in tandem with his Accord Party’s philosophy and manifesto, which is anchored on “corporatism, popularism and capitalism.”

“If elected governor, l will first and foremost, work to guarantee the security of lives and property in the state. Since security is the main purpose of government, we will rejig the security architecture in the state to ensure better results.

“We will invest in these two sectors to ensure sound minds, healthy and wealthy citizenry.

“We will also create jobs for our teeming but now largely idle youths. We will also do this by creating an enabling environment to will Osun State an investment-friendly state.

“If elected governor, l will also initiate and sustain an agricultural revolution in the state, by utilising our vast arable land, not only to attain food security but to generate huge revenue from the sector.

“We will make soft loans available for small-scale farmers to produce food and crop crops and by so doing, provide jobs for many Osun youths,” Mr Ogunbiyi promised.

Speaking further, he vowed to pursue massive infrastructural development in the rural areas and concentrate his envisioned agricultural revolution among the rural populace.

“We will unleash our energies and resources to boost industrialisation in the state by maximizing the benefits of our vast mineral resources-gold, kaoline, iron ore, Talc, columbite, etc. located in different parts of the state.

“We will intensify the mining of these deposits at a commercial level that will be beneficial to the state. We won’t play politics with such revenue-yielding ventures or enter into deals that will short-change the state.

“We will also assist artisans, women groups and youths through skill acquisition and soft loans to enable be self-sustaining and become employers of labour,” he said.

General

Finance Ministry Directs Shippers, Airlines to Submit Manifests via Single Window Project

Published

on

NLNG Shipping Arm

By Adedapo Adesanya

The Ministry of Finance has directed all shipping companies and airlines operating in Nigeria to submit their manifests through the Single Window Project (SWP) as part of efforts to strengthen cargo tracking and transparency.

The submission of shipping manifests before the change of policy was handled exclusively by the Nigeria Customs Service (NCS) for onward cargo processing and port clearance.

However, following a memo from late last year signed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, all shipping firms and airlines were directed to integrate with the National Single Window platform to ensure seamless Manifests submission.

“I would like to bring to your attention that His Excellency, President Bola Ahmed Tinubu inaugurated the National Single Window (NSW) Project on the 16th of April 2024.

The NSW Project aims to streamline and automate import and export processes at Nigeria’s entry & exit ports, with the dual goals of enhancing trade facilitation and increasing government revenue.

“By integrating the operations of multiple government agencies involved in trade processes on one platform, the NSW platform will ensure faster clearance of goods and services, improve operational efficiencies at the imports and significantly reduce bureaucratic bottlenecks.

“Key components of the Single Window as defined by the World Trade Organisation (WTO) and World Customs Organisation (WCO) include: (a) a single-entry point i.e. traders, shipping lines, airlines and other stakeholders should submit all required import and export documentation through a single-entry point on a centralized digital platform, and (b) single submission i.e. all documentation should only be submitted once and data only entered once.

“As a result, the NSW Platform will be the single-entry point of submission for all Sea and Air Manifests. Therefore, all shipping lines and airlines are therefore directed to integrate with the NSW Platform to ensure seamless Manifests submission,” parts of the memo read.

The Comptroller-General of the NCS, the chairman of the Nigerian Revenue Service (NRS), the Managing Director of the Nigerian Ports Authority (NPA), the Managing Director of the Federal Airports Authority of Nigeria (FAAN) and the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) were copied in the memo.

Continue Reading

General

Dangote Drags ex-NMDPRA Boss Farouk Ahmed to EFCC

Published

on

Dangote and Farouk

By Aduragbemi Omiyale

The petition written against the immediate past chief executive of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, which was withdrawn from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has now been taken to the Economic and Financial Crimes Commission (EFCC).

The letter was written by the chairman of Dangote Industries Limited (DIL), Mr Aliko Dangote. It contained allegations of allegations of abuse of office and corrupt enrichment against Mr Ahmed.

The petition led to the resignation of the former NMDPRA chief from office last month.

It was gathered that Mr Dangote, through his legal representative, filed a formal corruption petition against him at the headquarters of the EFCC, with specific plea of prosecuting Mr Ahmed if found culpable.

The businessman said the withdrawal of the petition from the ICPC was a strategic move aimed at accelerating the prosecution process.

 In the petition signed by his lead counsel Mr O.J. Onoja (SAN), Mr Dangote noted that, “We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”

He further urged the anti-money laundering agency, under the leadership of Mr Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

“The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies,” he added.

Recall that on December 14, 2025, Mr Dangote raised concerns about Mr. Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means.

According to him, four of Mr Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.

Mr Dangote listed the schools attended by Mr. Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions. He estimated annual tuition, travel, and upkeep per child at $200,000, totaling approximately $5 million for their secondary education.

Additionally, he alleged that Mr Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.

“Nigerians deserve to know the source of these funds, especially when many parents in Mr Ahmed’s home state of Sokoto struggle to pay as little as N10,000 in school fees,” Mr Dangote stated.

Continue Reading

General

Chimamanda Ngozi Adichie Loses One of Twin Sons After Brief Illness

Published

on

Chimamanda Ngozi Adichie

By Adedapo Adesanya

Nigerian author, Ms Chimamanda Ngozi Adichie, and her husband, Dr Ivara Esege, have lost one of their twin sons, Nkanu Nnamdi.

According to a statement issued on Thursday by Ms Omawumi Ogbe, on behalf of the family, the 21-month-old baby passed away on Wednesday, January 7, 2026, after a brief illness.

The statement said the family is devastated by the loss, and requested that their privacy be respected during this difficult time.

“We’re deeply saddened to confirm the passing of one of Ms Chimamanda Ngozi Adichie and Dr Ivara Esege’s twin boys, Nkanu Nnamdi, who passed on Wednesday, 7th of January 2026, after a brief illness. He was 21 months old.

“The family is devastated by this profound loss, and we request that their privacy be respected during this incredibly difficult time.

“We ask for your grace and prayers as they mourn in private.

“No further statements will be made, and we thank the public and the media for respecting their need for seclusion during this period of immense grief,” the statement read.

Ms Adichie is known for works including Half of a Yellow Sun, Americanah and her 2012 Ted Talk and essay We Should All Be Feminists, which was sampled by Beyoncé on her 2013 song Flawless.

The 48 year old writer had her first child, a daughter, in 2016. In 2024, her twin boys were born using a surrogate.

In 2020, her 2006 novel Half of a Yellow Sun was voted the best book to have won the Women’s Prize for Fiction in its 25-year history.

Her latest book, Dream Count, was published in 2025.

Continue Reading

Trending