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Senate Probes FG’s Spending On North-east Crisis

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By Ebitonye Akpodigha

The Senate on Tuesday set-up an adhoc committee to probe spendings by the Federal Government on the humanitarian crisis in the North-east in view of the allegation of massive diversion of relief materials meant for the Internally Displaced Persons (IDPs).

The Adhoc Committee chaired by Senator Shehu Sani from Kaduna State is also to hold a public hearing to unravel the funds already committed to ameliorating the plight of the IDPs, and how the fund is being expended by the agencies of government saddled with the responsibility. The Senators also resolved to donate N32.7million to be contributed by the 109 Senators in support of the IDPs in the area of welfare.

These and other resolutions of the Senate followed a motion titled “Mounting Humanitarian Crisis in the North-East sponsored by Senator Baba Kaka Bashir Garbai (Borno Central) and co-sponsored by 18 other senators.

Senator Garbai in his lead debate urged the Senate to note with grave concern the unfolding humanitarian crisis in the North Eastern part of the country which has continued to be of concern to the international community and the media.

He noted that according to UNICEF report, about 4.5million people are in dire need of assistance, while one million of the number were in danger of extreme malnutrition.

He lamented that about two million people are beyond the reach of aid and presently at the risk of starvation, thereby making Western diplomats to describe the response of the Federal Government to the crisis as a “disgrace.”

He urged his colleagues to note the disturbing development on the prevailing degrading condition in the various IDP camps, and added that “already we are losing so many of our children under five years to this extreme conditions in the affected areas.”

He stated that in spite of the earlier resolution of the Senate that raised the budget for the IDPs from N6billion to N10billion in recognition of the dire situation in the North East, the Presidential Initiative on the North East is yet to show tangible result on ground with half of the appropriated sum released.

“…Notwithstanding the huge budgetary allocation by the National Assembly, and the various releases by the executive…including significant donations from many donors, the situation on ground is not cheering,” he said.

He further called on the Red Chamber to be “worried that rather than use the money appropriated for the IDPs and the North East to ameliorate the problems, the focus of the disbursement so far made have been used to feather other interests.”

The Senator insisted that the “incoherent and largely fragmented state of procurement in the usage of the released funds so far points to a vague and corrupt scheme that is not in tune with helping our people in the North East out of their present harrowing experience and misery.”

He added: “the government has made concerted efforts at ameliorating the sufferings of the IDPs, some other people are working towards undermining same efforts; there are some allegations of diversion of 63 trucks of grains released from the strategic grain reserve allocated to IDPs in Borno State by the Federal Government.

“The gap in the state of affairs, where so much money has been made available by government with very little to show for it, has created and overburdened the cash strapped states and local governments in the affected states. Also, the intensity of the crisis was exemplified in August when IDPs took to the streets to obstruct vehicular movement and grounding business activities along the Maiduguri- Kano/Jos Road – the major road leading into Borno, to protest what they claimed was a shortage of food”, he stated.

Other Senators in their contributions to the debate on the motion, decried the pitiable plight of the IDPs and urged the Senate to stand up for the suffering, displaced persons.

Senate President, Mr Bukola Saraki, in his remarks, lauded the sponsors of the motion and those who made contributions during its debate. He described the revelations emanating from the handling of the humanitarian crisis as serious and portraying poor coordination, lack of transparency and slow response among those entrusted with the care of the IDPs.

“As a serious chamber, we cannot fold our arms and let these things continue to happen. This investigation, I believe, will give hope to the IDPs and the international community that the country is ready to do something to stop the diversion of aids and misapplication of appropriated funds meant for the upkeep of the IDPs,” Mr Saraki said.

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 [email protected]

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US Suspends Immigrants Visa for Nigerians, 74 Others

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By Adedapo Adesanya

Nigeria is among 75 countries the US government will suspend the processing of immigrant visas for its citizens.

According to the US State Department, the citizens of the 75 countries are those whose nationals are deemed likely to require public assistance while living in the United States.

The State Department, led by Secretary Marco Rubio, said it had instructed consular officers to halt immigrant visa applications from the countries affected in accordance with a broader order issued in November that tightened rules around potential immigrants who might become “public charges” in the US.

Business Post gathered that alongside Nigeria are Afghanistan, Albania, Algeria, Antigua and Barbuda, Armenia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belize, Bhutan, Bosnia, Brazil, Burma, Cambodia, Cameroon, Cape Verde, Colombia, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, and Dominica.

Others include Egypt, Eritrea, Ethiopia, Fiji, Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Haiti, Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, Macedonia, Moldova, Mongolia, Montenegro, Morocco, Nepal, Nicaragua, Pakistan, Republic of the Congo, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Tanzania, Thailand, Togo, Tunisia, Uganda, Uruguay, Uzbekistan, and Yemen.

The suspension, which will begin on January 21, will not apply to applicants seeking non-immigrant visas, or temporary tourist or business visas.

“The Trump administration is bringing an end to the abuse of America’s immigration system by those who would extract wealth from the American people,” the department said in a statement.

“Immigrant visa processing from these 75 countries will be paused while the State Department reassess immigration processing procedures to prevent the entry of foreign nationals who would take welfare and public benefits.”

President Donald Trump’s administration has already severely restricted immigrant and non-immigrant visa processing for citizens of dozens of countries, many of them in Africa.

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Nigeria Hires $9m American Lobby Firm to Counter Christian Genocide Claims

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By Adedapo Adesanya

Nigeria has reportedly engaged the services of a Washington-based lobbying firm, DCI Group, in a $9 million contract aimed at communicating its efforts to protect Christians in Nigeria to the United States government.

According to The Africa Report, the amount appears to be a record for African lobbying in the US capital, citing documents filed with the US Department of Justice by Aster Legal, a Kaduna-based law firm, acting on behalf of National Security Adviser (NSA), Mr Nuhu Ribadu.

The agreement, signed on December 17, 2025, between Mr Oyetunji Olalekan Teslim, Managing Partner of Aster Legal, and Mr Justin Peterson, Managing Member of DCI Group, authorises the US firm to assist the Nigerian government “in communicating its actions to protect Nigerian Christian communities and maintaining US support in countering West African jihadist groups and other destabilizing elements.”

Under the terms of the contract, DCI Group will receive $750,000 monthly, amounting to $9 million over 12 months. The deal runs initially for six months, until June 30, 2026, with an automatic renewal clause for another six-month period.

A clause in the agreement also allowed either party to terminate the deal “for any reason without penalty” by giving 60 days’ advance written notice.

It was reported that on December 12, 2025, Nigeria paid DCI Group 50 per cent or $4.5 million prepayment covering the first six months of the retainership agreement. A second installment is due at the end of the initial contract period.

This comes amid recent threats by US President Donald Trump to invade the country after its redesignation of Nigeria as a “country of particular concern,” citing alleged attacks against Christian communities. However, the Nigerian government has repeatedly denied claims of a Christian genocide, insisting that violence in the country affects all regardless of their affiliations.

Following an engagement late last year, the federal government pledged to “engage with the American government through diplomatic and legal channels” to address the allegations. Since late November, the US has been conducting intelligence-gathering flights over large parts of Nigeria.

On Christmas Day, the US military launched airstrikes against Islamic State (IS) terrorist enclaves in Bauni Forest, Tangaza Local Government Area of Sokoto State, marking a significant escalation in US counterterrorism involvement in Nigeria.

On Tuesday, the US delivered critical military supplies to Nigeria to bolster the country’s operations, the US military’s Africa Command (AFRICOM) said.

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Nigeria, UAE Seal Trade Pact, to Co-host Investopia

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By Adedapo Adesanya

President Bola Tinubu has said Nigeria would co-host Investopia with the United Arab Emirates (UAE) in Lagos in February, an initiative aimed at attracting global investors and accelerating sustainable investment inflows.

President Tinubu made this announcement on the sidelines of the 2026 Abu Dhabi Sustainability Week (ADSW), where Nigeria also concluded a Comprehensive Economic Partnership Agreement (CEPA) with the UAE to deepen trade and cooperation in renewable energy, infrastructure, logistics, and digital trade.

“We warmly invite our partners to join us and help build the next chapter of sustainable and shared prosperity for Nigeria, Africa, and the world, ” President Tinubu said.

He described CEPA as a historic and strategic agreement that will also enhance cooperation in aviation, logistics, agriculture, and climate-smart infrastructure, creating enduring opportunities for the people of the two countries, stating that Investopia will bring together investors, innovators, policymakers, and business leaders to transform opportunities into commitment and ideas into investment.

Mr Tinubu told the summit that Nigeria aims to mobilise up to $30 billion annually in climate and green industrial finance as it accelerates energy transition reforms and expands nationwide electricity access.

“The foundation of every modern economy is electricity. As an emerging economy in the Global South, we understand the delicate balance between industrialisation and decarbonisation, ensuring neither is pursued at the expense of the other.

”We are calling for a fundamental shift in the global financial architecture: a move away from the restrictive requirement of sovereign guarantees, which unfairly penalise developing economies.

”Instead, the focus should be on blended finance and first-loss capital mechanisms that allow private sustainable capital flows directly into our green projects without further straining national balance sheets,” he said.

According to President Tinubu, Nigeria has strengthened its climate governance framework with the adoption of a National Carbon Market Activation Policy and the launch of a National Carbon Registry.

He explained that these measures are aimed at improving transparency and investor confidence.

Mr Tinubu highlighted the Electricity Act 2023 as a central pillar of Nigeria’s energy reforms, noting that it enables decentralised power generation and distribution to underserved communities.

He added that Nigeria’s climate investment drive includes a $500 million distributed renewable energy fund backed by the Nigeria Sovereign Investment Authority, as well as a $750 million World Bank programme expected to expand clean electricity access to more than 17.5 million people.

President Tinubu reaffirmed Nigeria’s target of net-zero emissions by 2060, under its Energy Transition Plan, while pursuing industrial growth and universal energy access.

He invited foreign investors to partner in Nigeria’s lithium and critical minerals sector, stressing that the government prioritises local processing and value addition.

President Tinubu noted that Nigeria’s ongoing economic reforms are producing tangible results, including a 21 per cent growth in non-oil exports.

”These reforms, alongside wider fiscal and monetary measures, are delivering results. Non-oil exports have grown by 21 per cent, supported by a more diversified product base. Capital importation has risen, and Nigeria now has over 50 billion dollars in investment commitments across key sectors.

”We are ready to work with partners across the world to ensure that the next era of development is not only green and inclusive, but just and enduring,” he said.

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