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UN Seeks $25m To Feed Over 5m In Nigeria

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By Modupe Gbadeyanka

The United Nations (UN) has raised alarm that an “immediate action” is needed as millions in north-eastern Nigeria face food insecurity.

The world body warned that ongoing unrest and rising inflation have left more than five million people in restive north-east Nigeria facing acute food insecurity and has appealed for $25 million through May 2017 to support irrigated vegetable production and micro-gardening in the dry season, as well as rebuild livestock systems.

In a situation update, the Food and Agriculture Organization (FAO) said the urgently needed funds would tackle food insecurity among returnee, internally displaced and host communities. In addition, the agency is seeking funds now to provide critical agricultural inputs to farmers in time for the 2017 main rainy season.

“We must act now to rapidly restore food security and combat severe hunger and malnutrition,” FAO said in the update, which notes that inflationary pressures in the national economy have pushed the prices of staple food crops extremely high across the three north eastern states of Adamawa, Borno and Yobe; and these are expected to rise further, requiring “immediate intervention.”

In other news, the International Organization for Migration (IOM) Displacement Tracking Matrix (October 2016) shows for the first time since August 2015, a total number of internally displaced persons (IDPs) below two million – 97 per cent of whom declared that their displacement was due to the Boko Haram insurgency. One-quarter of these were displaced in 2016, with the majority displaced in 2014. Almost half of those surveyed noted food as their biggest unmet need.

Since August 2015, a total of 958 549 returnees from within and outside Nigeria have been recorded, with an increase of about 48 000 returnees since August 2016. This further emphasizes the need for increased attention towards sustainable agricultural livelihoods support to the returnee process, according to IOM.

In addition FAO reports that the security remains volatile, particularly in Borno state, as Boko Haram activities continue to impact the security situation in some areas. In Borno, Yobe and Adamawa States, there are currently nine local government areas (LGAs) categorized as ‘restricted’ and 27 LGAs categorized as having ‘limited’ access due to a high level of insurgent activity.

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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Elumelu Rebukes UBA Graduate Trainee for Addressing Him as Tony

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By Modupe Gbadeyanka

The chairman of United Bank for Africa (UBA), Mr Tony Elumelu, expressed his displeasure over the way he was addressed by one of the company’s graduate trainees at an interactive session in a viral video.

The financial institution organised a Graduate Management Accelerated Programme graduation ceremony on Thursday, and the former banker was in attendance.

During a question-and-answer session, one of the graduating trainees stood and called Mr Elumelu by his first name, Tony.

“Good morning, Tony,” she said.

Mr Elumelu initially thought the lady meant to say Toyin, but she repeated “Good morning, Tony,” a development the UBA chairman was not happy about.

He quickly responded by saying, “No, you won’t call me Tony. You’ll call me Mr Elumelu or TOE. You won’t call me Tony, or Chairman. I don’t subscribe to that kind of… Oyinbo life, okay?”

Though without offering any apology for the error, the female graduate trainee subsequently corrected herself, saying, “Good morning, Mr Elumelu,” before proceeding with her question.

The video clip from the event has already generated mixed reactions, with many happy that the business mogul quickly rebuffed the lady.

They described her as rude, fearing she could lose her job for being disrespectful to the chairman of the organisation.

However, some others said calling colleagues by their first names in a corporate ecosystem is not new, as such happens in the banking sector.

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Atiku Vows to Restore Petrol Subsidy if Elected President

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By Modupe Gbadeyanka

Former Vice President Atiku Abubakar has promised to return the payment of subsidies for premium motor spirit (PMS), otherwise known as petrol, if he is elected President in 2027.

Mr Atiku is seeking to become Nigeria’s President next year. He is contesting for the position under the African Democratic Congress (ADC). The presidential election is slated for January 16, 2027.

Answering questions in a trending interview on social media, the former second citizen of the country said the removal of the fuel subsidy by President Bola Tinubu in 2023 has not done Nigerians any good.

According to him, the economy has been in shambles, noting that the subsidy removal is responsible for high living costs in Nigeria.

On Wednesday, the Minister of Finance, Mr Taiwo Oyedele, disclosed that the nation saved about N15.8 trillion between June 2023 and December 2025 from the policy, noting that over N10 trillion was made available to the 36 state governments and the 774 local government areas from the savings.

But the ADC presidential candidate was not impressed with this explanation, stressing that there is nothing to show for the purported gains of the policy.

“I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security?” he queried.

“If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money,” he declared.

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Nigerian Army Arrests 18 Illegal Miners, Recovers N2.47m in Niger State

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By Adedapo Adesanya

The Nigerian Army has arrested 18 suspected illegal miners at a mining site in Izom, Gurara Local Government Area of Niger State, recovering equipment and N2.47 million in cash from the operation.

The suspects were arrested by troops of the 102 Guard Battalion during a routine operation in the area, where the soldiers reportedly discovered unauthorised mining activities.

Following the arrests, the army handed over the suspects and recovered items to the headquarters of the Nigerian Security and Civil Defence Corps Mining Marshals in Sauka, Abuja, in line with established inter-agency procedures.

The operation is part of intensified efforts by security and regulatory agencies to curb illegal mining, which has been linked to revenue losses, environmental degradation and the unlawful exploitation of Nigeria’s mineral resources.

Reacting to the development, the Commander of the NSCDC Mining Marshals, Assistant Commandant of Corps John Onoja Attah, commended the Nigerian Army for what he described as a strong demonstration of professionalism and commitment to protecting the country’s mineral wealth.

“The Nigerian Army has once again distinguished itself through professionalism, discipline and patriotism. The swift arrest of the suspects and their prompt handover to the Mining Marshals reflect a commendable commitment to the rule of law and the protection of Nigeria’s solid mineral resources,” he said.

Preliminary investigations by the Mining Marshals indicated that the suspects allegedly operated without licences, permits or any affiliation with a registered mining company. Investigators also said they could not produce evidence of valid mineral titles or authorisation from the relevant regulatory authorities.

Items recovered from the mining site included motorcycles, pumping machines, crusher engines, communication devices and cash totalling N2,468,750.

Mr Attah said the Mining Marshals would continue to pursue individuals involved in illegal mining and strengthen intelligence-led operations against activities that undermine the formal mining industry and deprive government of legitimate revenue.

He added that the Corps, under its Commandant-General, Mr Ahmed Audi, remained committed to enforcing the provisions of the Nigerian Minerals and Mining Act and protecting Nigeria’s mineral resources from unlawful exploitation.

The Mining Marshals said the investigation had been concluded and that the 18 suspects were being processed for prosecution under the relevant provisions of the Nigerian Minerals and Mining Act, 2007.

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