General
Peter Obi Not Fit to Advise FG on Vaccine Procurement—Group
By Modupe Gbadeyanka
A few days ago, the former Governor of Anambra State, Mr Peter Obi, while speaking with Arise Television, said the federal government does not need N400 billion to procure COVID-19 vaccines.
The vice-presidential candidate of the opposition Peoples Democratic Party (PDP) in the 2019 general elections had said he would help the ruling All Progressives Congress (APC)-led national government to negotiate the purchase of the jabs for not more than N150 billion.
But a group known as the APC Mandate Defenders has lambasted the politician for his comments, describing him as ignorant.
The group, in a statement issued in Abuja on Tuesday by its national publicity secretary, Mr Ifeanyi Emeka, claimed Mr Obi has formed the habit of making himself a cheap hero through peddling of falsehoods, outright misinformation and blame game even when he is alleged to have some skeletons in his cupboards.
According to APC Mandate Defenders, the former Governor “is not the right person to advise the federal government over what to do concerning vaccine procurements and distribution because as Governor for eight years, he contributed to the sorrowful state of the primary healthcare centres in Anambra State as a result of his unconstitutional refusal to conduct local government elections throughout his tenure.”
The organisation said “if Mr Obi had conducted local government elections and allowed elected council chairmen to use their federal allocations for developments, all the primary healthcare centres in the 21 local government areas of his state which are in the ‘residual list’ of the Constitution and whose workers have the immediate responsibility of distributing vaccines to the people at the grassroots level; the cost of vaccine procurements and distribution would have been reduced to the barest minimum.”
“But because Mr Obi and others in his category failed to do the needful, the task of vaccine procurement, distribution and development of critical infrastructures at the local government levels now fall on the neck of the National Primary Health Care Development Agency which is under the control of the federal government,” it added.
The statement the federal government is not only fighting to procure vaccines and inoculate the population, but it is also fighting to procure cold chains, train personnel and other things that fall under the purview of states and local governments in the country.
”Besides, vaccine procurement is not really the issue, but distribution and storage, as well as building capacity, are the things that matter.
“For Instance, apart from Pfizer vaccines which require ultra-modern cold chains of minus 70-80 degree Celsius which is even colder than the winter, the federal government will still use some part of the estimated N400 billion for the procurement and deployment of cold chains to about 8,812 wards in the 774 local government areas across the country where the vaccines would be stored before distribution.
“This is because only a few of the over 10,000 Primary Health Care Centres in the country have functional cold chains and other facilities.
“So, next time, before Mr Obi goes to any national television to advertise his ignorance on any government plan in his characteristic way of playing to the gallery and seeking cheap popularity among unsuspecting members of the public, he should endeavour to consider many factors which his inability to correct some of them when he was in office contributed to the sorrowful state of the primary healthcare centres across the country,” the group said.
By Adedapo Adesanya
The Nigerian Shippers’ Council (NSC) saved over N348.8 million for port users and resolved 19 complaints in the first quarter of 2026.
According to its sectoral data report from the council’s quarterly newsletter, which covered January to March 2026, the agency’s continued intervention in disputes within the maritime sector is aimed at reducing trade frictions and protecting shippers from unfair practices.
A breakdown of the complaint status shows that, out of 32 cases handled during the period, 19 were successfully resolved, 12 are still ongoing, and one has been closed.
In terms of financial impact, the NSC’s dispute resolution efforts led to a total savings of N348,813,072.06 for stakeholders, particularly importers, exporters, freight forwarders, and shipping agents.
Further analysis of the report indicates that shipping companies and their agents accounted for the highest number of complaints, with 22 cases filed against them.
“Other entities complained against include seaport terminal operators (1), government agencies (3), exporters (1), importers (1), de-consolidators (1), and freight forwarders/clearing agents (3).
“The complaints lodged during the period cut across a wide range of operational and financial issues. Prominent among them were container deposit refund disputes, which recorded the highest frequency with five cases, followed by arbitrary charges (4).
Other issues included unsettled demurrage (2), missing cargo (2), service failure (2), damaged cargo (2), wrong port of discharge (2), and non-release of auction cargo (2).
“Additional complaints involved delays in cargo transfer, breach of trust, invoice cancellation, lack of telex release, delay in releasing export documents, export fraud, waiver-related disputes, demurrage and detention of vessels, breach of contract, and unjustified demurrage charges,” the data report stated.
The data also reveals that the majority of complainants were shippers, including importers and exporters, alongside freight forwarders and shipping agents, reflecting the operational challenges faced by key players in Nigeria’s port value chain.
The NSC, as the port economic regulator, noted that it has consistently leveraged its complaints and dispute resolution mechanism to address grievances and ensure fairness in commercial transactions within the maritime industry.
By Adedapo Adesanya
The Federal Executive Council (FEC) has approved the establishment of the National Research and Innovation Development Fund (NRIDF) as part of efforts to strengthen Nigeria’s research, science, technology and innovation sector.
The approval was granted during the council’s meeting presided over by President Bola Tinubu on Monday.
According to a statement issued by the Federal Ministry of Innovation, Science and Technology, Head of Press and Public Relations, Mrs Pauline Sule, the fund will be supervised by the ministry and managed through a 17-member National Council on Research and Innovation.
The council will be chaired by Vice President Kashim Shettima, while the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, will serve as vice chairman.
Reacting to the development, Mr Udeh described the approval as a major step towards building an innovation-driven economy and strengthening Nigeria’s research ecosystem.
He said the initiative aligns with the federal government’s economic agenda aimed at achieving a $1 trillion economy under the Renewed Hope programme.
The Minister, however, noted that the fund would still undergo legislative, administrative and operational procedures before full implementation and disbursement begin.
According to him, the National Research and Innovation Development Fund is expected to provide strategic financial support for researchers, innovators, startups and technology developers across the country when fully operational.
He added that the initiative would help strengthen local research capacity, encourage the commercialisation of innovations and deepen collaboration between academic institutions and industry players.
The ministry also stated that the fund is expected to improve Nigeria’s competitiveness within the global technology and knowledge economy.
By Aduragbemi Omiyale
One Mr Taofeek Daniel Oriola has been convicted and sentenced to nine years’ imprisonment for money laundering.
He was sentenced by Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Monday, May 11, 2026.
His journey to the correctional centre started when he used part of the proceeds of his unlawful activity derived from fraudulent cryptocurrency transactions to acquire some properties, which have now been forfeited to the federal government.
The said properties include a 2014 Range Rover (Supercharged) with VIN Number SALGS3TF7EA180971, a five-bedroom apartment with boys’ quarters in the Ibeju-Lekki area of Lagos State, a parcel of land measuring 653.479 square metres situated at Ibeju-Agbe in Ibeju-Lekki, and one iPhone 16.
The convict, in April 2026, committed the offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.
Mr Oriola was brought before the court by the Economic and Financial Crimes Commission (EFCC) on a three-count charge bordering on money laundering and concealment of proceeds of unlawful activities.
“That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this court, engaged in the disguise of the true source of a 2014 Range Rover (Supercharged) with VIN No. SALGS3TF7EA180971, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.
“That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this court, engaged in the disguise of the true source of a five-bedroom apartment with boys’ quarters situated at Ibeju-Agbe, in the Ibeju-Lekki area of Lagos State, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act,” two of the three charges read.
After pleading “guilty” to the charges when read to him, Justice Osiagor sentenced him to three years’ imprisonment on each count, to run concurrently, with an option of a N200,000 fine on each count. The judge also ordered him to undertake seven days of community service.
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