General
The Industry Newspapers to Honour Zulum, Sanwo-Olu, Emefiele, Others April 26
By Dipo Olowookere
On Tuesday, April 26, 2022, the Governors of Borno, Lagos and Akwa-Ibom States, Mr Babagana Zulum, Mr Babajide Sanwo-Olu and Mr Udom Emmanuel respectively will be honoured by The Industry Newspapers.
The trio, along with other eminent Nigerians, would be recognised for their selfless services to the nation at The Industry Summit/Awards scheduled to take place at the Banquet Hall of Sheraton Hotel and Tower, Ikeja, Lagos.
A statement from the organisers of the event formerly known as The Industry Evening Summit disclosed that the programme will start with a summit by 10 am and a dinner/awards ceremony by 6 pm.
Governor Zulum was chosen as The Industry Governor of the Year- Overall, while Governor Sanwo-Olu was picked as The Industry Governor of the Year for Job Creation, with Governor Emmanuel selected as The Industry Governor of the Year for Infrastructure.
Also, the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele emerged as the Regulatory Officer of the Year; the Chairman of Troyka Holdings, Dr Biodun Shobanjo, is the Doyen of Advertising in Africa, while the Chief Executive Officer of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, is the Banker of the Year.
In the statement signed by the convener of the event and Editor-in-chief of The Industry Newspapers, Mr Goddie Ofose, it was explained that the awardees were chosen after painstakingly reviewing their impacts on their fields.
He stated that the team of assessors led by the Leadership Newspaper, South West General Manager, Mr Chima Akwaja, did a good job at arriving at the list.
Mr Ofose stated that at the ceremony themed Financial inclusion, digital payment and the challenges of banking the unbanked, leaders of thoughts in the Nigerian business landscape would rev up conversations that would deepen financial inclusion and proffer solutions to the challenges of banking the unbanked.
According to him, Nigerians who have access to financial services are reported as having a lack of basic resources and the financial knowledge necessary to carry out transactions, stressing that a lack of education around financial services has likely contributed to low financial inclusion.
“In a quest to extend financial services to the unbanked, particularly those in remote and rural regions, it is critical that we engender conversation about the viability of agents. Agents are retail storefront operators representing financial services providers with the delivery of financial services.
“According to EFinA’s 2018 Access to Finance Survey, financial exclusion is highest in rural areas. This is because the traditional model of delivering financial services — the bank branch — is not sustainable in these areas,” he stated.
The prolific journalist stated that the keynote speaker for this year’s event is Mr Emefiele, while the CEO of Financial Institution Training Centre (FITC), Mrs Chizor Malize will deliver a lead paper.
The year panel comprises Chioma Afe, Group Head, Retail Marketing & Analytic, Access Bank Plc; Cherry Eromosele, Group Chief Marketing & Corporate Communications Officer, Interswitch Nigeria; Chuma Ezirim, Group Executive, e-Business & Retail Products, First Bank; Mr Kenny Joda, CEO, FibreOne; Mrs Bola Atta, Group Director for Communication, UBA Plc; David Okeme, Divisional Head Payment Solutions & Vertical Market Systemspecs; Olugbenga Agboola, CEO Flutterwave; Mr Oti Ukubeyinje, Senior Vice President, Products and Product Marketing, Terragon; and Babs Ogundeyi, CEO Kuda Microfinance Bank, while the moderator is Mr Mojeed Jamiu, the publisher of Upshot Reports.
General
Kebbi Attack Claims 44 Lives Across Eight Communities
By Adedapo Adesanya
The Kebbi State Police Command says 44 people were killed following a coordinated attack on eight communities in Shanga Local Government Area of the North-Western state.
The affected villages include Gebe, Kalkami, Kawara, Kasoshi, Awaye, Tungar Rini, Binuwa, and Dabe.
In a statement issued on Friday, the Kebbi Police Command Public Relations Officer, Mr Bashir Usman, said it launched a statewide clearance operation.
Mr Usman said the operation followed the directive of the Inspector-General of Police (IGP) Olatunji Disu, aimed at preventing further banditry and violent crimes across the state.
The police stated that massive deployments of police personnel and other security agencies have been made to the affected communities, leading to the return of relative calm.
The command added that discreet investigations have commenced into the attack.
The ongoing clearance operation, according to the police, is targeting high-risk areas such as farmlands, forests, border communities, and remote settlements.
It also includes coordinated patrols, intelligence-led stop-and-search operations, and joint actions with other security agencies.
As part of the operation, the police said two AK-47 rifles were recovered along the Illo-Kamba axis, describing it as evidence of the effectiveness of intelligence-led policing.
The Commissioner of Police in the state, Mr Umar Hadejia, called on residents to remain vigilant and cooperate with security agencies by providing timely and credible information.
Mr Hadejia also urged traditional rulers, community leaders, religious bodies, and youth groups to support ongoing efforts to restore peace and strengthen security across the state.
Residents had reportedly appealed to President Bola Tinubu and Kebbi State Governor Nasir Idris to take decisive action to restore security in the area and enable displaced residents to safely return to their homes.
General
TUC Calls for 60% Oil Windfall Allocation to Cut Petrol Costs
By Adedapo Adesanya
The Trade Union Congress (TUC) of Nigeria has proposed that the federal government deploy at least 60 per cent of excess crude oil revenue above the budget benchmark to subsidise feedstock for local refineries, including the Dangote Refinery.
The President of the group, Mr Festus Osifo, made the proposal in Abuja yesterday, warning that the rising cost of petrol has placed unbearable pressure on households and businesses and that such urgent measures remain necessary to ease economic hardship on Nigerian workers.
Mr Osifo explained that crude oil prices above the budget benchmark of $64.85 per barrel currently generate excess revenue shared among the three tiers of government.
He argued that redirecting a significant portion of this surplus into subsidising crude supply for domestic refining would reduce production costs and translate quickly into lower pump prices for petrol, diesel and aviation fuel.
The labour leader noted that the sharp increase in fuel prices, exacerbated by global supply disruptions linked to geopolitical tensions, has worsened transportation costs and manufacturing expenses, ultimately driving up the prices of goods and services.
According to him, the situation risks reversing the modest decline in inflation recorded in recent months.
He said, “We are seeing that the cost of petroleum is edging towards N2,000 per litre, and Nigerian workers are facing excruciating pain as we speak. What we are saying is that if crude oil prices exceed the budget benchmark, let the government take at least 60 per cent of that excess and use it to subsidise crude supplied to Dangote Refinery and other local refineries.
“When you subsidise production directly, it reduces the cost of feedstock, and that will translate immediately to a reduction in the pump price of petroleum products. When this is done, I can assure you that within one to two weeks, the prices of PMS, AGO, and jet fuel will go down, and Nigerians will begin to feel relief.”
Mr Osifo also stressed the need for immediate relief measures, alongside long-term investments in alternative energy such as compressed natural gas (CNG). While acknowledging government efforts to introduce CNG-powered buses, he said inadequate infrastructure remains a major challenge limiting their impact.
He also expressed concerns over the persistent insecurity across the country, urging the government to prioritise investment in modern security equipment and technology while commending security agencies for their ongoing efforts.
General
NIS Suspends Officers Over Extortion Allegations on Lagos-Seme Corridor
By Adedapo Adesanya
The Nigeria Immigration Service (NIS) has ordered the suspension of senior officers overseeing key commands along the Lagos-Seme corridor following allegations of extortion.
The suspension follows the circulation of online reports accusing immigration personnel at the busy border route of misconduct “bordering on extortion,” prompting immediate intervention from the agency’s leadership.
According to a spokesperson of the border controller, Akinsola Akinlabi, in a statement on Friday, April 10, the NIS Comptroller-General, Mrs Kemi Nandap, had “temporarily relieved the Comptrollers in charge of the affected Commands of their duties” pending the outcome of an ongoing investigation.
The service distanced itself from the alleged conduct, with Mrs Nandap condemning the actions in strong terms, describing the incidents as “unacceptable” and in “direct violation of the core values, ethics, and operational standards of the Service”.
According to the statement, a full-scale probe has been launched to uncover the extent of the нарушения, identify officers involved, and enforce sanctions without delay.
“The investigation will be comprehensive… ensuring appropriate disciplinary measures are applied with immediate effect,” the statement said.
While the probe continues, the Service sought to reassure the public of its commitment to professionalism at Nigeria’s borders.
“The service wishes to reassure the general public that it remains committed to delivering professional, transparent, and efficient services at all points of entry and exit,” it stated.
“It will not condone any act that undermines public trust or tarnishes the integrity of the service.”
The agency also called on Nigerians to report misconduct through its official complaint channels, including social media platforms and its 24-hour contact centre, noting that internal oversight mechanisms are being strengthened.
“The Nigeria Immigration Service remains resolute in its mission to serve with integrity, discipline, and professionalism while facilitating lawful migration,” the statement added.
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