General
Your Broadcast Came Too Late—CNPP Tells Buhari
By Modupe Gbadeyanka
A group of political parties in the country under the aegis of the Conference of Nigeria Political Parties (CNPP) has said the nationwide broadcast of President Muhammadu Buhari on Thursday night on the unrest in the country came rather too late.
The group, in a statement issued on Friday, disclosed that the President was warned earlier about the tragedy that could befall the nation if he was slow to react to the burning issues.
For nearly two weeks, youths in the country cried out to the federal government through protests across the nation calling for an end to the notorious Special Anti-Robbery Squad (SARS) of the Nigeria Police Force because of its impunity.
Though the police authorities announced the scrapping of the unit, the demonstrators said they were not convinced because it was not the first time such pronouncement was made.
Despite calls from many quarters, including from the international community for the President to speak to the nation on the matter raised by the youths, he did not oblige.
On Tuesday, things turned bloody after soldiers opened fire on peaceful protesters at the Lekki Toll Plaza in Lagos, allegedly leading to the death of some of them.
However, the army has denied involvement in the shooting and the Lagos State government has maintained that no fatality was recorded in the unfortunate incident.
Yesterday, Mr Buhari addressed the nation in what many observers have claimed was pre-recorded and in the broadcast, he never made a specific mention on the Lekki shooting, sparking outrage on social media.
Today, CNPP reacted to the presidential broadcast, saying it came too late because the government was warned: “ahead of the ongoing carnage but never listened.”
In the statement signed by its Secretary-General, Mr Willy Ezugwu, the group noted that “if the President had made this statement last week, the ongoing carnage may have been averted.”
“While we continue to condemn acts of violence under whatever circumstances, what is the use of the charmer after the snake has bitten?” it asked.
“CNPP intelligence that led to the plea that President Buhari should address the nation to calm ruffled nerves fell on deaf ears.
“Equally, the warning that any attempt to shoot at the #EndSARS protesters would be catastrophic was also ignored. But today, it is hoped that the government is wiser and be more proactive in the future.
“It must be noted that CNPP as led by Alhaji Balarabe Musa, the National Chairman, is on the ground in all the states of the federation and in touch with the ordinary citizens. We feel their mood and clearly understand their feelings.
“It was an error on the path of the All Progressives Congress (APC) government to have ignored the CNPP’s warnings.
“If the President’s broadcast was made a week ago, the carnage may have been prevented but it is now coming too late in the day.
“Nigeria belongs to all of us. The ruling APC must stop seeing the voice of the opposition as the voice of enemies.
“Right now, Nigerians are tired of propaganda and mere promises. We, therefore, urge President Muhammadu Buhari to ensure justice is done by punishing adequately all SARS officers who extrajudicially killed citizens in the past and match words with actions by immediately reforming the Nigeria Police Force.
“The government must ensure that there is no cover-up in an investigation of the Lekki shooting and other investigation by the state governments. This is the only way to assuage the protesting youths.
“Nigeria must know that a well-funded police force will perform its internal security duties creditably. To this end, we call on the federal government to immediately begin the process of minimising the involvement of the Nigerian military in internal security operations, including the war on insurgency.
“A well trained, properly equipped, and well-motivated police force will provide first-class security for the country as the Nigerian police have proven to be among the best during foreign peacekeeping operations. A word is enough for the wise,” the CNPP said.
General
NCSP Strengthens Strategic Investment Cooperation With China
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
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