General
Yoruba Youth Group Rejects FG’s Cattle Colonies
By Modupe Gbadeyanka
A Yoruba Youth socio-cultural group called Igbimo Odo Yoruba has rejected plans by the Federal Government to establish cattle colonies across the country for herdsmen.
Leader of the group, Comrade Olufemi Lawson, in a statement on Monday, emphasised that the position of the Yoruba youth was in reaction to a statement credited to the Minister of Agriculture, Mr Audu Ogbeh, that the cattle colonies were to curb increasing cases of clashes between farmers and herdsmen in the country.
Mr Lawson said the youths will vehemently resist any attempt by the Federal Government to introduce the cattle colonies in any part of the Southwest, and other Yoruba speaking parts of the country.
According him, every legitimate means within its reach would be used to fight the government, stressing that creation of the colonies was another attempt to re-colonise Nigerians, particularly the people of the Southern part of the country.
“It is absolutely sad that at this age and time in our history as a people, certain persons will resort to arbitrary use of state power to grab the ancestral lands of our people in order to reward a minute but violent group of herdsmen, who have continually assaulted, molest and violate the right to life of innocent Nigerians across the country without any concrete action to checkmate their excesses by the Federal Government,” Mr Lawson said in the statement made available to Business Post.
The group further said it was alarmed by the ‘insensitive’ position of the Federal Government, coming at the very moment when several states are counting their losses, particularly of human life, as a result of attacks on innocent farmers, women and young children allegedly by Fulani herdsmen.
“We cannot continue to overlook the humongous disasters that these herdsmen have continued to wreck on our communities, leading to loss of means of livelihood, assault on our women and loss of lives.
“Sadly, all these atrocities have not been enough to attract any concrete action from the federal government, neither have they resulted into the arrest or prosecution of the perpetrators of these crimes and their sponsors.
“What we have witnessed instead is the audacity of these elements to claim responsibility for their crimes and even make media appearances to justify their actions against armless people, who are being maimed endlessly by these gang of herdsmen,” the statement read.
“While we want to specially commend Governor Ayodele Fayose of Ekiti State for the radical approach of his government towards tackling the menace of these (alleged) Fulani herdsmen in Ekiti State, we wish to seriously warn other Governors of the Southwest that any attempt by them to conspire with the proponents of the ‘Cattle Colonies’ whose main agenda is to unjustly grab our lands out of our possession, shall be resisted by our generation and generations to come,” the statement stressed.
The group also advised the Federal Government that rather than proposing the establishment of cattle colonies, which is seen as a colonial anti-people land grabbing strategy, government should first take decisive actions by bringing to justice all perpetrators of violence hiding under farmers/herdsmen clashes without further delay.
It also urged the Federal government to stop looking too far in finding a lasting solution to issues of grazing in the country as practicable solutions have already been proffered through various recommendations of the past. Most recent, as contained in the recommendations of the 2014 National Conference.
By Modupe Gbadeyanka
To support innovative solutions that enhance financial accessibility and security in the digital asset ecosystem, Tether has made a strategic investment in a financial technology (fintech) company specializing in self-custody crypto wallets and digital payments, Fizen Limited.
This transaction will allow Fizen to integrate its innovative technology with Tether’s leadership in the stablecoin industry.
The objective is to accelerate digital asset utilization while upholding the utmost security standards. This will further solidify Tether’s role in advancing blockchain-based finance and its commitment to global financial inclusion.
According to the chief executive of Tether, Mr Paolo Ardoino, this investment in Fizen “underscores our commitment to expanding global access to efficient and reliable digital financial solutions that promote the informed responsible use of digital assets in everyday life.”
“At Tether, we recognize the crucial role of self-custodial payment infrastructure in driving real-world use cases.
“Fizen’s innovative model helps to bridge the gap between self-custody and digital payments, empowering users with greater financial independence while reinforcing our leadership as the most widely used stablecoin globally, advancing inclusive access to the financial system,” Mr Ardoino added.
Also, the chief executive of Fizen, Leo Vu, said, “Stablecoins like USD₮ will undoubtedly drive crypto payments and financial inclusion worldwide.
“The technology infrastructure is already in place, but we lack consumer-friendly applications with intuitive UI/UX to accelerate mass integration.
“Fizen is solving this by making crypto payments an intuitive part of daily transactions, allowing users to pay seamlessly without even realizing they are using blockchain technology.”
Fizen offers advanced payment technologies that facilitate seamless stablecoin transactions, making digital assets more accessible for consumers and businesses. It is one of the crypto companies delivering real value to consumers and businesses, bringing practical crypto use cases to life.
The World Bank’s Global Findex Report reveals that millions of individuals worldwide remain unbanked. People in this category consistently cite distance to the nearest financial institution and a lack of proper documentation requirements as the primary reasons they could not access traditional banking services.
This investment will enable Fizen to enhance its blockchain capabilities, facilitating the seamless integration of stablecoins across multiple blockchain ecosystems. It will also provide users access to a more efficient and user-friendly solution to store, transfer, and transact using stablecoins, eliminating restricted access or complicated documentation.
However, while stablecoins offer a compelling alternative for those excluded from traditional financial systems, their practical use in everyday commerce still faces hurdles despite clear advantages, such as lower fees, enhanced security, and near-instant transactions.
Merchant usage remains a key challenge. Through this investment, Fizen aims to bridge this gap by enabling users to pay seamlessly with stablecoins.
At the same time, merchants receive instant fiat settlements through known payment methods like QR codes and card readers. This eliminates the need for additional infrastructure, making digital asset payments more accessible and efficient for businesses worldwide.
Market projections for 2024 state that QR code payments are expected to surpass $3 trillion, with 2.2 billion users by 2025, driven by increasing smartphone penetration and the rising demand for frictionless, secure, and convenient digital transactions.
With this strategy and strong technological and business development foundations, the collaboration between Fizen and Tether looks to accelerate the widespread use of crypto payments at scale to usher in an era of seamless digital transactions.
By Aduragbemi Omiyale
Dangote Industries Limited (DIL) has been commended for its contribution to the growth of Nigeria’s economy and general Arica’s development.
This applause came from the Enugu Chamber of Commerce, Industries, Mines, and Agriculture (ECCIMA) during the Dangote Group Special Day at the 2025 Enugu International Trade Fair.
The Deputy President of ECCIMA, Mr Eric Chime, who was at the event, said the conglomerate, through its various investments, has contributed to the growth and development of the domestic economy.
“We are highly delighted to welcome Dangote Plc once again to their special day at the ongoing trade fair. Their continued presence and commitment have been instrumental to the success of this annual gathering.
“Dangote’s contribution to the Nigerian economy is enormous spanning virtually every sector, from cement and food production to their recent game-changing entry into the oil and gas sector through the Dangote Refinery,” he stated.
He emphasized that the impact of the refinery, especially in regulating petroleum product prices, deserves national recognition and support.
“We call on the Federal Government to continue to support Dangote Group in its efforts to put smiles on the faces of Nigerians,” he urged.
Mr Chime further praised the president of DIL, Mr Aliko Dangote, for his visionary leadership and relentless drive for innovation, noting that the Dangote business empire represents a perfect example of what entrepreneurial excellence can achieve through research, resilience, and dedication.
In his remarks, the Deputy Regional Director for Southeast at Dangote Cement Plc, Mr Ayirioritse Okerentie, expressed gratitude to ECCIMA for providing a viable platform to engage stakeholders and show case Dangote Group’s contributions to Nigeria’s economic development. He said that the theme of the Fair, “Developing Nigeria’s Industrial Sector/SMEs for Economic Advancement & Global Recognition” speaks directly to the core mission of Dangote Group.
“As Africa’s largest indigenous manufacturing conglomerate, we are focused on Production, Prosperity, Power, and Pride. We believe the industrial sector, and by extension SMEs, can play a transformative role in job creation, import substitution, and overall economic advancement.
“The industrial/manufacturing sector has the capacity to impact significantly on the economy especially in the creation of jobs, provision of goods, reduction in imports of finished products and adding of value to our raw materials. It is generally accepted that a nation’s economic wellbeing is largely dependent on the industrial/manufacturing sector,” Mr Okerentie said.
“The industrial/manufacturing sector is labour intensive, could create millions of both direct and indirect employments for people of diverse skills such as administrators, accountants, engineers, technicians, marketing & sales among others.
“It can also create indirect employment for supply chain actors in other sectors of the economy such as raw materials suppliers, logistics and transportation, farmers, and miners,” he added.
By Dipo Olowookere
On Friday, April 18, 2025, all roads will lead to the headquarters of the Love of God in Christ (LOGIC) Church in the Lekki area of Lagos State for an uplifting evening dedicated to expressing the message of the death, burial and resurrection of Jesus Christ in music.
The day, which is Good Friday, has been set aside to celebrate the death, burial and resurrection of Jesus Christ, which is the cornerstone of Christian faith.
Christian faithful from across the global will gather for the hybrid programme tagged Jesus + Nothing Worship, a platform that provides worshippers an opportunity to connect with the essence of the Gospel in worship.
Soul-lifting singers expected to minister on that day include Neon Adejo, Greatman Takit, Victor Thompson, Timi Dakolo, Samuel Giveson (SMJ), Noble G, Steve Hills, and Lily Perez.
Others are Joxie, Anderson Qozan, Pastor Victor Paul, EmekaSongz, Flo, Dorcas Moore, Magpsalms, Mera Owili, Gerald Bishung, Phebe Lion, and the vibrant Evolution Children’s Choir.
The Lead Pastor and Apostolic Head of the LOGIC Church, Apostle Flourish Peters, while commenting ahead of the event, said, “As a Christocentric faith community, this event is a great way to celebrate the gift of Christ, who laid down his life for our redemption. Good Friday is a great time to have a worship celebration like this.”
“Nothing speaks to the culture of a people like the music they listen to. Jesus + Nothing Worship will contribute to shaping and mainstreaming a culture of christocentric worship, where the Gospel of Christ’s death, burial and resurrection is platformed through worship,” he added.
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