General
UK May Adopt Canada Visa Policy for Nigeria

By Adedapo Adesanya
At the inaugural edition of the United Kingdom and Africa Investment Summit, which brought together African and British leaders, businesses, international institutions and young entrepreneurs, the UK Prime Minister, Mr Boris Johnson disclosed that to improve trade relations with the continent, there will be certain policy changes, one of which included a more relaxed immigration system.
This is coming as the British government is negotiating its exit from the European Union (EU) on January 31, 2020, a development that has since created an imperative for the UK to build a new relationships through international alliances and trading arrangements. One of such potential market is Africa.
The summit was designed to create lasting new partnerships that deliver more investment, jobs and growth, benefiting people and businesses across Nigeria and the UK and with the intended policy change, this could see Nigerians get British visas. Observers said the new fairer visa policy the UK government is looking at may be similar to the one offered by the Canadian government, which is a points-based immigration system.
Mr Johnson, while addressing the African leaders on Monday in London, venue of the meeting, the UK’s new immigration policy will put “people before passports.” He outlined the benefits of trade with post-Brexit Britain at the event.
“Look around the world today and you will swiftly see that the UK is not only the obvious partner of choice, we’re also very much the partner of today, of tomorrow and decades to come,” he said.
The UK PM said people from African countries could benefit from the still-to-be detailed changes to the immigration system after Brexit, which will end the free movement of people to and from EU nations.
“You’ll be pleased to hear that one thing is changing – our immigration system,” Mr Johnson said. “Change is coming, and our system is becoming fairer and more equal between all our global friends and partners, treating people the same wherever they come from.
“By putting people before passports we were will able to attract the best talent from around the world, wherever they may be,” he added.
Many observers have, however, speculated that this new change to the immigration laws may see the UK adopt a Canada style which stipulates that a person has to meet a minimum of 67 points, with the maximum for each area as follows: 25 points from their educational background, 24 points from proficiency in the English and French languages.
The system places 21 points for previous work experience, 10 points for being in the prime age of employment, and up to 10 if one has an offer of employment. The Canadian system also considers a person’s financial background.
Although not certain, there is likelihood that the policy change will be welcomed with open hands as UK investment in Africa has risen by 61 percent since 2008 and with the new promises to deliver sustainable investment that can help African countries in what is a competitive market with China, Russia, and other countries, this may see a change to the cycle of economic expansion and contraction that mar the continent.
General
Senate Probes Abuse of Federal Character Principle in NNPC, CBN, Others

By Adedapo Adesanya
The Senate is investigating all Ministries, Departments, and Agencies (MDAs) and even infrastructural development across the country to determine their level of compliance with Sections 14(3) and 14(4) of the 1999 Constitution (as amended), which focuses on the federal character principle.
The federal character principle mandates that the government at all its levels should reflect Nigeria’s diversity to ensure national unity and prevent domination and also ensure that all communities have fair and equitable representation in governance.
The upper chamber has mandated its Committee on Federal Character and Inter-Governmental Affairs to conduct a thorough investigation hearing into possible infringement of this principle.
This resolution followed a motion raised by Senator Osita Ngwu, who acknowledged the persistent challenges in achieving equity within Nigeria’s public service, including limited recruitment opportunities, skewed promotions based on years of service rather than merit, and a lack of mobility for workers outside the public sector.
Lawmakers also noted that despite constitutional provisions mandating fair representation across ethnic, linguistic, religious, and geographic lines, imbalances continue to exist.
The Senate specifically criticised several federal institutions, including the Nigerian National Petroleum Company (NNPC) Limited and its subsidiaries, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigerian Ports Authority (NPA), the Central Bank of Nigeria (CBN), among others, for allegedly failing to adhere to federal character mandates in their recruitment processes.
The committee is expected to report back within three months with findings and recommendations to ensure fair and equitable representation in federal appointments, promotions, recruitment and infrastructural distribution across the over 900 MDAs.
General
EFCC Arrests 133 Suspects from Abuja Ponzi Scheme Academy

By Adedapo Adesanya
Operatives of the Economic and Financial Crimes Commission (EFCC) on Monday raided a Ponzi scheme academy and arrested 133 suspects in the nation’s capital, Abuja.
According to the EFCC’s spokesperson, Mr Dele Oyewale, who confirmed the operation in a statement on Tuesday, the suspects were apprehended at the Compensation Layout in Gwagwalada, Abuja, after receiving actionable intelligence about the academy’s activities.
“The academy, named Q University (also known as Q-Net), lures young Nigerians by promising them unrealistic profits.
“The recruits were trained to further recruit others, using the slogan Special Training for New Generation Billionaire.
“The suspects joined the scheme by filling out an Independent Representative Application Form, with promotional slogans like: I’m a Champion, I’m Unstoppable, and I’m Infinity,” the EFCC said.
The EFCC, in collaboration with officers from the 176 Guards Battalion of the Nigerian Army, executed the operation, with phones, computers, and other electronic gadgets seized from the suspects, who “will be charged in court once investigations are completed.”
The agency has stepped up efforts to clamp down on illegal activities, particularly those involved in internet fraud schemes.
In January, the anti-graft agency arrested 105 people, including four Chinese nationals, for suspected involvement in a fraudulent scheme targeting hotels in Europe and elsewhere.
Also in December 2024, the EFCC arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lure their victims with romance scams and phoney cryptocurrency investments on WhatsApp and Instagram.
The suspects included 148 Chinese and 40 Filipino nationals housed in a luxury in Lagos targeting victims from the Americas and Europe.
General
Prices of Solar Panels, Others May go up as Nigeria Plans to Stop Importation

By Aduragbemi Omiyale
There are strong indications that the prices of solar panels in Nigeria may soon jump at the markets as the federal government is considering stopping its importation to boost local production
The Minister of Science and Technology, Mr Uche Nnaji, said the country has the capacity to meet local demand of solar energy and to encourage more domestic investments in the landscape, the importation of solar products, which are duty-free, has to stop.
Speaking in a recent interview in Abuja at the launch of the NEV T6 electric buses, Mr Nnaji said the plans to prohibit solar panel importation aligns with Presidential Executive Order Number 5, which seeks to promote local content in science, engineering, and technology.
He emphasised that with the National Agency for Science and Engineering Infrastructure (NASENI), there is nothing to worry about with local solar panel production.
“With NASENI here, you know that we have panels. It has a factory that has started producing solar panels and other private individuals are also producing solar panels as we speak.
“So, all we need to do is, even through science and technology, through our Presidential Executive Order No. 5, we will stop all these importations of solar panels.
“We will support our local industries to grow and very soon, most houses will go off-grid. Personally, I have been off-grid for over three years and it is working,” the Minister said.
Mr Nnaji noted that Nigeria was already making significant investments in renewable energy infrastructure, noting that with the expansion of local solar panel manufacturing, more Nigerian homes and institutions would transition to off-grid power solutions
“We have lithium in abundance here in Nigeria, so Mr. President is already taking action. We are adding value to our raw materials. The lithium we have here will be processed and used as batteries for these vehicles,” he stated.
“If you look at our budgets, we have what is called mini-grids all over the place. In less than three or four months, you will start seeing our hospitals and institutions being powered by solar.
“Again, we are saving the environment. We are putting in place non-carbon emission infrastructure. So, we are creating power everywhere,” he added.
Business Post gathered that at the moment, the price of 555w solar panels goes for between N140,000 and N160,000, while a 220v inverter battery is about N260,000, with a 60A charge controller at about N180,000.
Consumers are already scared that if the importation of solar panels are stopped, prices will rise like it happened with rice.
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