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Sierra Leone’s President Maada Bio Replaces Tinubu as ECOWAS Chairman

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Maada Bio ECOWAS Chairman Tinubu

By Modupe Gbadeyanka

The President of Sierra Leone, Mr Maada Bio, has been elected as the new chairman of the Economic Community of West African States (ECOWAS) Authority of Heads of State and Government, replacing President Bola Tinubu of Nigeria after his two-term tenure.

Mr Bio took over the leadership of the group at the ECOWAS Authority’s 67th Ordinary Session held in Abuja on Sunday.

In his acceptance speech, he promised to lead a renewed, people-centred, and action-oriented ECOWAS in the face of unprecedented challenges and opportunities for the West African region.

President Bio said his leadership would focus on restoring constitutional order and deepening democracy, revitalising regional security cooperation, unlocking economic integration, and building institutional credibility.

“We must engage transitional governments constructively and support member states in building stronger democratic institutions rooted in the rule of law.

“We must overhaul our collective security architecture—from intelligence sharing to rapid response capabilities—to confront new threats with unity and resolve.

“The ECOWAS Trade Liberalisation Scheme, regional infrastructure, and cross-border value chains must become engines of job creation, trade, and resilience, especially for our women and youth.

“ECOWAS must reform itself to become more transparent, efficient, and responsive to the needs of its people. This is how we will rebuild trust in regional cooperation,” he said.

Mr Bio commended Mr Tinubu for laying a solid foundation of regional dialogue, economic recovery, and peacebuilding, saying, “I am humbled to build upon the strong foundation you have established.”

Acknowledging the complexities of the current moment, the Sierra Leonean leader noted that West Africa stands at a crossroads, grappling with terrorism, illicit arms flow, political instability, and transnational crime, particularly in the Sahel and coastal states.

“The democratic space is under strain in parts of our region. In some countries, the constitutional order has been disrupted. Yet, across West Africa, citizens—especially our youth—are demanding not just elections, but also accountability, transparency, and a fair stake in national life,” the Sierra Leonean leader said.

On his part, President Tinubu described it as a profound honour and privilege to have led the esteemed body, adding that he remained deeply humbled by the trust and support extended to him throughout his two-term tenure.

“As I now hand over the mantle of leadership to my great friend and dear brother, President Bio of Sierra Leone, the new Chairman of the ECOWAS Authority of Heads of State and Government, I do so with a deep sense of fulfilment and optimism for the future of West Africa.

“I remain confident that with the continued cooperation of all its members, ECOWAS will scale greater heights in our collective pursuit of peace, security, stability, and prosperity for our people and our region,” he said.

Reflecting on his tenure, President Tinubu noted the complex political and security challenges the region has faced in recent years while calling on leaders to remain committed to the evolving needs of West African citizens.

“Let us deepen cooperation, uphold diplomatic principles, and foster inclusive growth that leaves no one behind—especially our youth, women, and vulnerable populations, who remain central to the future of our region,” he said.

President Tinubu emphasised the need to preserve democratic values and ensure that political stability is not separated from economic development.

“Our organisation must continue to strike a fine balance between its core regional mandate of economic integration and the complex political, security, and governance challenges, including the preservation of democratic values in our region.”

“Economic integration cannot be superimposed on an untenable political environment. That is why we must remain steadfast in our resolve to rise to these emerging challenges,” the Nigerian leader declared.

He commended the ECOWAS Commission, community institutions, and technical staff for their dedication and professionalism in supporting the Authority’s work and organising a successful summit, reaffirming his commitment to the region’s shared mission and urged continued unity among member states.

“As you return to your respective countries, let us remain resolute in our shared mission to deepen our integration, protect our people, and build a prosperous, secure, and united West Africa,” he said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Dangote Cement Ibese Commissions Cassava Processing Plant in Ogun

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Cassava Processing Plant in Ogun

By Aduragbemi Omiyale

In order to aid alternative and sustainable means of livelihood amid rising food prices and growing concerns over food security in Nigeria, the Ibese Plant of Dangote Cement Plc has handed over a state-of-the-art garri and fufu processing plant to the Kajola host community in Ewekoro Local Government Area of Ogun State.

The facility is expected to support cassava farmers and processors by improving efficiency and expanding income-generating opportunities.

According to the organisation, the project, delivered under the Community Development Agreement (CDA) with its host communities signed in 2022, is a strategic intervention aimed at boosting agricultural value addition, reducing post-harvest losses and strengthening livelihoods for rural farmers and women.

The Ibese Plant Director, Mr Ayyagari Subbaraidu, at the commissioning, said, “This project is aimed at improving cassava processing, reducing losses and creating sustainable employment for women and farmers in the community.”

He disclosed that the facility features separate garri and fufu processing units equipped with modern machinery, including a five-tonne-per-day peeling machine, hydraulic presses, frying systems, fermentation basins, solar-powered boreholes and sanitation infrastructure, adding that it will serve as a catalyst for local economic growth by enhancing productivity and supporting small-scale agribusinesses across Kajola and neighbouring communities.

The Plant Director also urged the community and the Project Governance Committee to maintain transparency in the management of the facility to ensure long-term sustainability.

The Ogun State Commissioner for Agriculture and Food Security, Mr Bolu Owotomo, who was at the unveiling of the project, said it aligns with Governor Dapo Abiodun’s vision of making agriculture a key driver of economic growth through value addition and enterprise development.

The Commissioner disclosed that “over 166,000 farmers, including more than 90,000 cassava farmers, have been registered under the Ogun State Farmers Information Management System (OGFIMS) to benefit from government interventions.”

He urged the community to safeguard the facility and assured residents of the continued support of the state government towards agricultural development and food security.

“This processing plant will strengthen the cassava value chain, improve product quality, create jobs and enhance food security while boosting farmers’ incomes,” the Commissioner stated.

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FG Backs US Sanctions on Three BDC Operators Linked to Terror Financing

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bdc operator

By Adedapo Adesanya

The federal government has hailed the recent sanctioning of three Nigerian bureau de change (BDC) operators by the United States’ Office of Foreign Assets Control (OFAC) for alleged terrorism financing.

“The Nigeria Sanctions Committee welcomes the recent inclusion of Mukthar Muhammad Adamu, Nine to Nine BDC, and Generation BDC Limited by the United States Office of Foreign Assets Control (OFAC).

“These designations follow the inclusion of Adamu and his companies as part of a broader update to the Nigeria Sanctions List approved and published on 18th June 2026,” it disclosed in a statement.

It said that the naming of the three companies and six people followed extensive intelligence gathering, financial investigations, and inter-agency assessments, which established reasonable grounds to believe that the affected individuals and entities facilitated, financed, supported, or otherwise contributed to the activities of the Islamic State West Africa Province (ISWAP) and associated terrorist networks.

“The individuals and entities added to the Nigeria Sanctions List on 18th June 2026 are Ibrahim Yakubu Ogirima (NLISWi.19), Muktar Muhammad Adamu (NLISWi.20), Adamu Chiroma (NLISWi.21), Ibrahim Abubakar (NLISWi.22), Abdullahi Umar Usman (NLISWi.23), Babangida Muhammed Adamu Hammajam (NLISWi.24), Abbal Bako & Sons Bureau De Change Limited (NLISWe.25), Generation Currency BDC Limited (NLISWe.26), Nine to Nine BDC Limited (NLISWe.27),” the statement read in part.

The federal government reiterated its directive to all financial institutions and designated non-financial businesses and professions to continue to comply with all sanctions obligations, including asset-freezing requirements, the filing of suspicious transaction reports, and the reporting of all relevant matches to the appropriate authorities.

The sanctions committee commended the work of the Federal Ministry of Justice, Office of the National Security Adviser (ONSA), Central Bank of Nigeria (CBN), Department of State Services, Economic and Financial Crimes Commission, and the Nigerian Financial Intelligence Unit for their actions to ensure that terrorist groups are denied the resources that sustain their activities.

It stated that Nigeria remains resolute in its commitment to ensuring that terrorists and their financiers find no safe haven within the country’s financial system.

The committee also said that the Federal Government would continue to work closely with domestic stakeholders and international partners to protect national security, strengthen financial integrity, and contribute to global efforts to combat terrorism and its financing.

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Lagos Seals Radio Station, Others for Noise Pollution

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Wise FM Lagos

By Aduragbemi Omiyale

A radio station, Wise FM, has been sealed by officials of the Lagos State Environmental Protection Agency (LASEPA).

The premises of the broadcast media platform, located on Ogabi Street, Meiran, Ile-Iwe Bus Stop, were shut by the state government on Tuesday, June 23, 2026, alongside other establishments across different parts of Lagos State for alleged persistent violations of environmental regulations despite repeated warnings, abatement notices, and opportunities provided for compliance.

In a statement by LASEPA, it was disclosed that the enforcement exercise was carried out in response to various environmental infractions, including noise pollution, air pollution, obstruction of official duties, and failure to comply with its directives.

As regards Wise FM, it was said that it was sealed for noise and air pollution as well as non-compliance with the Agency’s directives.

Another organisation affected, Star-View Terrace, located in Amuwo Odofin, Lagos, was shut down for noise pollution and non-compliance with the agency’s directives, while Premiership Suites, located at Akin Osiyemi Street, Off Allen Avenue, Ikeja, was sealed for non-compliance with the agency’s directives.

Speaking on the enforcement operation, the General Manager of LASEPA, Mr Babatunde Ajayi, reiterated the organisation’s unwavering commitment to safeguarding public health and ensuring a cleaner, safer, and more sustainable environment across Lagos State.

He stressed that both individuals and corporate organisations have a responsibility to comply with environmental laws and regulations, stressing that environmental protection remains a collective duty that requires the cooperation of all stakeholders.

The LASEPA boss warned that the agency would continue to intensify enforcement actions against violators in order to curb environmental nuisances and protect residents from the harmful effects of pollution.

Mr Ajayi urged residents, business owners, and operators of commercial establishments to adopt environmentally responsible practices and cooperate with regulatory authorities in promoting a healthier, cleaner, and more livable Lagos.

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