General
Survey Shows Nigerians Back Knowledge Sharing for Better Future
A new survey has revealed Nigerians believe collaboration and knowledge sharing are key tools to creating a better world future.
Commissioned by Expo 2020 Dubai, and conducted by YouGov, the Global Optimism Outlook Survey tracked people’s priorities for the future, looking at sustainability, economic growth, technology, travel, and more.
More than 20,000 people across 23 countries were surveyed, broken down by geographic region, gender, employment, marital status, and income. Despite the breadth of diversity, it appears the majority of the world is closely aligned when it comes to the key issues facing the planet’s future.
Unlocking future opportunity
According to the results, 80 per cent of Nigerians believe knowledge gathering, learning and access to education would be effective at unlocking opportunity in the future, followed by access to resources (77 per cent), and collaboration across national borders and cultures (76 per cent).
On nationwide economic development, 46 per cent and 45 per cent of respondents cited that access to education and knowledge is encouraging Nigeria’s growth. The survey also revealed that 96 per cent believe that greater collaboration and communication between individuals and communities can help in shaping a better future.
Technology consistently appeared as having a role to play in future development and collaboration, with respondents saying they believe tech advancements will continue to build communities (96 per cent) and connect people globally (95 per cent).
Trade was also ranked highly among respondents. Seventy-four per cent said they would like to experience free trade for all, while 93 per cent said they were optimistic about the future of global trade.
Seventy-seven per cent of Nigerian business owners and entrepreneurs between the ages of 30-39 proved to be the most optimistic. This income and age group are keen to drive the country’s sustainable sector in line with growing the economy, and believe this can be achieved if businesses across countries are allowed to trade freely.
Looking to the future
When asked about what they would most like to experience in the year 2050, sustainability was front of mind for Nigerians. Seventy-one per cent said carbon-free travel and universal clean energy transportation, followed by sustainable infrastructure and architecture (68 per cent).
Tech featured again, with 74 per cent, 61 per cent and 63 per cent saying they would like to experience high-tech solutions, cloud computing, big data and Artificial Intelligence (AI), and e-commerce respectively.
Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General of Expo 2020 Dubai, said “In just over a year, Dubai and the UAE will be bringing the world together for the World Expo, in a spirit of collaboration, and creating an open global dialogue that allows us to look towards the future with renewed optimism.”
“We developed the Global Optimism Outlook Survey to help us understand what the citizens of the world believe will shape a better future. People from around the world have spoken, and we are listening. The results show that we are more connected than we may believe. That dialogue, communication and collaboration are essential, and that we are united in our desire to create a happier, more inclusive, cleaner planet. Whether you’re sitting in South America, China, or here in the UAE, we’re connected in our passions for a better future” she added.
Global outlook
On a global level, the results highlight nine in 10 respondents believe that individuals and communities can shape the future through greater knowledge-sharing, communication, and collaboration.
Knowledge-sharing, learning, and greater access to education also stood out as dominant themes across all regions: Middle East (55 per cent), Western and Eastern Europe (61 per cent), Asia (61 per cent), North America (63 per cent), South America (68 per cent), and Africa (72 per cent).
Overall, South America (74 per cent) is the most optimistic region, followed by Africa (64 per cent), the Middle East (60 per cent), Asia (57 per cent), North America (50 per cent) and West/East Europe (50 per cent).
General
Lagos Consumes 30% of Total Power Off-Take in Nigeria—TCN
By Aduragbemi Omiyale
The General Manager in charge of Transmission for Lagos Region of the Transmission Company of Nigeria (TCN), Mr Adeshina Adeonipekun, has stressed the critical role of Lagos in the national grid.
While receiving the chief executive of Eko Electricity Distribution Company (EKEDC), Ms Wola Joseph Condotti, at his office on Monday, he said the Lagos region accounts for about 30 per cent of total power off-take in Nigeria.
He stated that TCN was implementing strategic expansion and project upgrades aimed at enhancing grid stability and operational efficiency in response to rising demand.
Mr Adeonipekun highlighted recent key milestones achieved in the region, including the commissioning of a 100MVA power transformer at the Ijora 132/33kV Transmission Substation, a 300MVA transformer at the Lekki 330/132kV Transmission Substation, and a 125MVA unit at the Agbara 132/33kV Substation, among others.
According to him, these additions have further increased the region’s installed capacity to 5,470MVA on the 132/33kV network and 4,110MVA on the 330/132kV network.
He further said that there were several ongoing rehabilitations at key substations within the region, including Amuwo GIS, Akoka 132/33kV, and Itire 132/33kV Transmission Substations, all geared towards further improving reliability, reducing system constraints, and enhancing the overall efficiency of power delivery.
In her remarks, Ms Condotti expressed appreciation for TCN’s continued partnership and support, underscoring the importance of sustained collaboration between transmission and distribution companies in building a more stable and efficient electricity transmission and supply network.
Both parties explored ways to strengthen collaboration and ensure a more stable and efficient power supply in Lagos, the nation’s commercial hub.
General
Anambra to Regain Economic Strength After End to Sit-at-Home—Soludo
By Adedapo Adesanya
The Governor of Anambra, Mr Chukwuma Soludo, says the years-long sit-at-home is now a thing of the past in the state as it will bring back lost economic viability to the South East state.
The governor spoke on Tuesday during his inauguration for a second term as the leader of the state, noting that security has improved in Anambra.
“The debilitating one-sit-at-home is over, and our schools, markets, businesses, and public servants are back to work. Reports say that ours is now the safest, or at least one of the safest states in Nigeria,” Mr Soludo said.
The second inauguration of the former governor of the Central Bank of Nigeria (CBN) witnessed eminent Nigerians, including ex-presidents Mr Goodluck Jonathan and Mr Olusegun Obasanjo, as well as the Vice President, Mr Kashim Shettima, among others.
“I’m sure many of you flew into Anambra yesterday, being Monday. Previously, it was not possible,” he said at the Alex Ekwueme Square in Awka, the state capital.
Primarily associated with the Indigenous People of Biafra (IPOB), a separatist group advocating for an independent Biafran state, the sit-at-home saw millions of South-East residents remain indoors, shut their businesses, and stay off the roads on Mondays. Initially, it was declared as a weekly protest (especially on Mondays) to demand the release of IPOB leader, Mr Nnamdi Kanu, in 2021 by the Federal Government and draw attention to the separatist cause.
The cause had significant socio-economic consequences in the South-East states like Abia, Anambra, Ebonyi, Enugu, and Imo.
However, Mr Soludo referenced several milestones, including the destruction of criminal camps and the “mass return” of Anambra indigenes during the Yuletide, as evidence of improving security in the state.
“Some 62 criminal camps have been dismantled, and 8 local governments previously under total siege have been liberated,” the governor said.
“Anambra had its best Christmas season in decades last December with a mass return and over 10,000 visitors per day to the Solution City every day until the 10th of January.”
Part of the measures to address insecurity in Anambra was the Homeland Security Law 2025, a measure the governor said contributed to the reduction in criminality.
The Independent National Electoral Commission (INEC) declared Mr Soludo as the winner of the November 8, 2025, governorship election in Anambra State. The APGA candidate polled a total of 422,664 votes, defeating his closest rival, the candidate of the All Progressives Congress, Mr Nicholas Ukachukwu, who scored 99,445 votes, while the candidate of the Young Progressives Party, Mr Paul Chukwuma, came third with 37,753 votes.
General
Don’t Pay Any Agent, Official for SCUML Registration—EFCC
By Aduragbemi Omiyale
The Economic and Financial Crimes Commission (EFCC) has cautioned members of the public against making any payment for Special Control Unit Against Money Laundering (SCUML) certificate registration, stressing that it is free.
During a live radio programme on Enugu State Broadcasting Service, the Head of SCUML Department in Enugu Zonal Directorate of the EFCC, Mr Promise Oluigbo, said obtaining the certificate is now seamless.
According to him, with the introduction of electronic certification, which has improved efficiency and eliminated the risk of fake certificates, over 480,000 entities have been registered nationwide.
He warned members of the public against engaging agents who charge fees for SCUML registration, stressing that the commission does not authorise third-party registrations.
“The EFCC frowns at any individual or group collecting money from businesses under the guise of facilitating SCUML registration. The process is seamless and free of charge,” Mr Oluigbo declared.
He charged operators of Designated Non-Financial Businesses and Professions (DNFBPs) in the South-East to comply with mandatory SCUML registration to combat money laundering, terrorism financing, proliferation of weapons of mass destruction, safeguard businesses and strengthen the integrity of Nigeria’s financial system.
“DNFBPs are categories of businesses identified under Section 30 of the Money Laundering Act and include sectors such as automobile dealerships, real estate businesses, construction firms, hospitality services, supermarkets, legal practitioners, consultants, and non-profit organisations.
“As a regulatory body responsible for overseeing the activities of these businesses to curb money laundering and financing of terrorism, it’s important I say it here that the registration process is completely free.
“Business owners do not need to engage any third party. All they need to do is visit the SCUML portal and complete the registration process,” he said.
While emphasizing on the need for businesses to register and collect the certificate, he urged them to ensue adherence to statutory requirements such as Know Your Customer (KYC) procedures, customer due diligence, record keeping and reporting of suspicious transactions, adding that failure to comply constitutes a violation of the law and may attract fines, imprisonment or other regulatory sanctions as stipulated under the Act.
“The objective of the SCUML framework is not to stifle businesses but to protect the financial system and ensure transparency in commercial activities. It is designed to safeguard businesses and strengthen the integrity of Nigeria’s financial system,” he said.
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