General
Ribadu, Others to Finalise Modalities on Ogoni Oil Production Resumption
By Adedapo Adesanya
President Bola Tinubu has directed the National Security Adviser (NSA), Mr Nuhu Ribadu, to immediately commence engagement with the Nigerian National Petroleum Company (NNPC) Limited, Ogoni leaders, and other stakeholders to finalise modalities for the long-awaited resumption of oil production in Ogoniland.
The directive followed the submission of the Presidential Committee on Ogoni Consultations report, chaired by Professor Don Baridam, at the State House, Abuja, with the Governor of Rivers State, Mr Siminalayi Fubara, leading the Ogoni delegation to the presentation ceremony.
President Tinubu assured the Ogoni people that his administration recognised their decades of suffering and sacrifices in the struggle for justice and environmental protection.
“We are not, as a government, taking lightly the years of pain endured in Ogoniland. We recognise that, otherwise, we would not be here today. The Federal Government truly acknowledges the long suffering of the Ogoni people, and today, we declare with conviction that hope is here and is back with us,” he said.
The President noted that the process would begin with addressing “non-valuable assets, which are of no benefit to the community, the country, or its people,” and pledged that the government would deploy the necessary resources to support the Ogoni people towards “shared prosperity.”
“I urge Ogoni people across the communities and generations to close ranks, put this dark chapter behind us, and move forward as a united community. We have settled. This reconciliation is not an erasure of history but the commitment to write the next chapter together. I am encouraged by the overwhelming consensus of the Ogoni communities to welcome the resumption of oil production under an equitable tax system.”
In a gesture that underscored government recognition of past sacrifices, Mr Tinubu also conferred posthumous national honours of Commander of the Order of the Niger, CON, on four Ogoni leaders—Chief Edward Kobani, Chief Albert Bade, Chief Samuel Orage, and Chief Theophilus Orage.
This follows the June 2025 conferment of honours on Ken Saro-Wiwa and eight other Ogoni activists executed by the Abacha regime in 1995.
NSA Nuhu Ribadu, in his remarks, said the consultative process, guided by diplomacy and inclusiveness, had succeeded in mediating tensions and divisions.
“While not forgetting past injustices, all parties have reached a point of collective readiness to see the responsible resumption of oil production in Ogoniland anchored on fairness, equity, environmental responsibility, and direct community benefit,” he stated.
He also disclosed that stakeholders had called for a repositioning of the Hydrocarbon Pollution Remediation Project, HYPREP, “in a manner that synchronises with the dialogue process,” alongside structured community participation through equity development funds, employment, and institutional reforms.
Governor Fubara hailed Tinubu’s confidence-building steps, noting visible progress in projects such as the East-West Road and the establishment of the Federal University of Environment and Technology.
“These are positive steps in the right direction and they have helped restore faith in government commitment,” the governor said.
Professor Baridam, chairman of the consultations committee, thanked the President for his “unwavering commitment” to the Ogoni people, stressing that Tinubu’s approach had “restored hope that had long been thwarted.”
He also lauded the posthumous recognition of the Ogoni martyrs as a mark of justice and reconciliation.
By Aduragbemi Omiyale
About $20 million has been put down by Swedfund to support efforts that limit climate change in Africa and help communities adapt to its effects.
The funds would be deployed by the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to back African companies that reduce emissions, strengthen resilience and create green jobs.
Swedfund’s investment is expected to contribute to significant cuts in greenhouse gas emissions and to help businesses and small farmers adapt to a changing climate.
The investment strengthens Swedfund’s work to drive a sustainable and inclusive green transition in Africa.
Africa contributes less than 3 per cent of global carbon emissions but faces some of the most severe climate impacts. At the same time, the continent’s energy demand is expected to triple by 2050.
Swedfund’s investment in Helios CLEAR will help channel capital to businesses that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.
“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people.
“Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous.
“Through Helios CLEAR we help build the next generation of African climate-focused businesses,” the Investment Director for Energy and Climate at Swedfund, Ms Gunilla Nilsson, stated.
Helios CLEAR Fund is a Pan African growth equity fund managed by Helios Investment Partners, one of Africa’s leading private equity firms.
The fund targets investments that deliver measurable climate mitigation and adaptation outcomes. The fund is supported by multiple development finance institutions.
By Modupe Gbadeyanka
A member of the House of Representatives, Mr Abdussamad Dasuki, has alleged that the gazetted tax laws are different from the ones passed by the National Assembly.
Speaking on Wednesday during plenary at the green chamber, the opposition lawmaker the emphasised that content of the tax laws as gazetted was not what members of the parliament debated, voted on and passed.
In June 2025, President Bola Tinubu signed the four tax reform bills into law, becoming an act. The new laws are the Nigeria Tax Act (NTA), 2025, the Nigeria Tax Administration Act (NTAA), 2025, the Nigeria Revenue Service (Establishment) Act (NRSEA), 2025, and the Joint Revenue Board (Establishment) Act (JRBEA), 2025.
In September, they were gazetted by the federal government.
On the floor of the House yesterday, presided over by the Speaker, Mr Tajudeed Abbas, Mr Dasuki, while raising a matter of privilege, after reviewing the gazetted law and what was passed, he found out some discrepancies, appealing to the Speaker to ensure that all relevant documents, including the harmonised versions, the votes and proceedings of both chambers, and the gazetted copies currently in circulation, are brought before the Committee of the Whole for scrutiny by all members.
He warned that allowing laws different from those duly passed by the National Assembly to be presented to Nigerians would undermine the integrity of the legislature and violate constitutional provisions.
“Mr. Speaker, I will be pleading that all the documents should be brought before the Committee of the Whole.
“The whole members should see what is in the gazetted copy and see what they passed on the floor so that we can make the relevant amendment. Mr Speaker, this is the breach of the Constitution.
“This is the breach of our laws, and this should not be taken by this House,” Mr Dasuki said when rising under Order Six, Rule Two of the House Rules on a Point of Privilege.
In his remarks, Mr Abbas promised that the parliament would look into the matter.
By Adedapo Adesanya
Over 90 illegal mining sites have been reclaimed and 300 offenders prosecuted since the deployment of the Mining Marshals, a specialised task force established to secure Nigeria’s mineral assets.
This information was disclosed by the Minister of Solid Minerals Development, Mr Dele Alake, at the South West Leaders Conference held recently in Akure, the Ondo state capital.
He described the crackdown as a turning point in the battle against mineral theft and insecurity in mining communities.
“We created the Mining Marshals to tackle insecurity and illegal mining head-on. I’m proud to say that peace is returning to our mining fields,” he said.
According to Mr Alake, the initiative has strengthened investor confidence and improved government revenue.
“When you protect the minerals, you protect national wealth. That’s exactly what we’ve done with the Mining Marshals,” he stated.
He noted that beyond arrests and reclamations, the Marshals have restored safety in key mining corridors and curbed the activities of illegal foreign operators. “We are taking back control of our natural resources from criminal networks,” Mr Alake emphasised.
The minister reiterated the government’s commitment to maintaining the momentum through digital surveillance, stronger local intelligence, and inter-agency coordination.
“Our success proves that security is the bedrock of sustainable mining. We will keep refining this model until every site in Nigeria is safe, legal, and productive,” he added.
Launched last year, the marshals were given the mandate to stem theft and all nefarious activities around the nation’s minerals so that benefits are not extracted by the wrong people.
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