Skip to main content

Posts

FG to begin sale of selected state-owned assets in 2026 – Finance Minister

Nigeria’s federal government will begin the sale of selected state-owned assets to private investors in 2026, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. Speaking during an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia on Monday, Edun said the government was still finalising which public assets would be offered for sale and the transaction schedule. “The plan is to offer some assets in 2026,” the minister said. He explained that ongoing economic reforms have helped improve investor confidence in the country and made Nigeria a more competitive destination for capital. “What we have put in place has made Nigeria very competitive in terms of the economic conditions and very attractive in terms of the incentives for investors. I think investors are now more comfortable to invest in Nigeria,” Edun said. The finance minister added that the federal government is focusing on partnerships with the priv...
Post a Comment
Read more
Recent posts

US deploys 200 troops to train Nigerian military

The United States will deploy 200 troops to Nigeria to train its armed forces in their fight against jihadist groups, Nigerian and US officials said Tuesday, as Washington increases military cooperation with the West African country. “We are getting US troops to assist in training and technical support,” Major General Samaila Uba, a spokesman for Nigeria’s Defense Headquarters, told AFP. The Wall Street Journal was the first to report the deployment, which will supplement a US small team already in the country to aid the Nigerians with air strike targeting. The additional troops, expected to arrive in the coming weeks, will provide “training and technical guidance,” including by helping their Nigerian counterparts coordinate operations that involve air strikes and ground troops simultaneously, the US daily said. A US Africa Command spokeswoman confirmed the details of the report to AFP. Nigeria has been under diplomatic pressure from the United States over insecurity in the country, wh...
Post a Comment
Read more

Tantita Surveillance Contract Not Common Wealth, Niger Delta Owes Company Gratitude – IPF

The Ijaw Publishers’ Forum (IPF) has come out strongly in defence of Tantita Security Services Limited, insisting that the pipeline surveillance contract awarded to the company is not a “common wealth” and should not be misrepresented as such by critics. In a statement signed by its National President, Comrade Ozobo Austin, and Spokesman, Comrade Ezekiel Kagbala, the forum said the Niger Delta should be expressing gratitude to Tantita and its leadership for restoring sanity to crude oil production and protecting national assets in the region. IPF stressed that while the 13 per cent derivation fund rightly qualifies as common wealth meant for oil-producing communities, the surveillance contract given to Tantita is a professional engagement based on capacity and performance, just like similar contracts handled by different individuals in the region in the past. "The 13 percent derivation is meant for the entire Niger Delta region especially the oil producing communities ...
Post a Comment
Read more

IYC Western Zone's Information Officer to Host Digital Skills Bootcamp

The Information Officer of the Ijaw Youth Council, IYC, Western Zone, Comrade Tare Magbei, is set to host a two-day digital skills bootcamp aimed at equipping Ijaw youths with practical media and technology competencies. The programme tagged 'Media Management, Content Creation, and AI Prompting Bootcamp' will hold from February 13 to 14, 2026, and is designed to strengthen youth participation in advocacy, storytelling, and community engagement across the Western Zone. A total of 50 participants will be trained in hands-on media and digital skills, with additional exposure to income-earning opportunities in the media and creative sectors. Participants will be drawn from all Information Officers within the IYC Western Zone as well as selected youths from the 24 clans that make up the zone. The initiative, spearheaded by the IYC Western Zone Information Officer, Comrade Magbei, reflects a strong commitment to youth empowerment through capacity building and the adoption...
Post a Comment
Read more

No importation of finished PMS into Nigeria, Dangote Refinery clarifies

Dangote Petroleum Refinery has issued a firm clarification in response to recent publications attributed to S&P Global, stating that the reports misrepresent its operations and create a misleading picture of Nigeria’s refining landscape. The company categorically refutes claims, amplified through certain newspaper adverts on Monday, February 9, 2026, suggesting that it imports finished Premium Motor Spirit (PMS) into the country. According to Dangote Refinery, the misinformation was appropriately addressed during an S&P Global forum held today in the United Kingdom. Following the clarification, the forum acknowledged the refinery’s pivotal role in reshaping the global refining landscape. In an official statement, the management stressed that the refinery does not import finished PMS (commonly known as fuel or gasoline) into Nigeria and that it is only pursuing alternative feedstocks to improve its secondary-unit utilisation. It further disclosed that it has identified the indiv...
Post a Comment
Read more

Residents protest after midnight abduction in Kaduna

KADUNA — Residents of Dan Hono II in Kaduna Millennium City staged a protest on Monday, blocking the busy Yar’adua Road to demand urgent action following a resurgence of kidnappings in the community. Men, women, and youths gathered in large numbers, carrying placards and chanting slogans, expressing frustration over the growing insecurity and calling on security agencies to intervene. According to reports, a group of armed individuals reportedly kidnapped a woman, her children, and the proprietor of a private school in a midnight raid. Residents said this marks the 11th abduction in the community over the past two years. “This is becoming unbearable. We can no longer sleep peacefully. The government and security agencies must act before the situation worsens,” one protester said. The demonstrators warned that the rising insecurity is prompting some families to consider relocating, while local business owners fear the trend could disrupt economic activities in the neighbourhood. Three w...
Post a Comment
Read more

If You Support Fubara For Betraying Me, Someone Will Also Betray You” – Wike F!res Warning

The political crisis rocking Rivers State took a sharper turn as former Governor and current Minister of the Federal Capital Territory (FCT), Nyesom Wike, issued a stern warning to those backing Governor Siminalayi Fubara In his latest outburst, Wike accused certain individuals and groups of celebrating what he described as Fubara’s “betrayal” of him. He warned that anyone who supports or applauds such disloyalty would eventually face the same fate. “If you support Fubara for betraying me, someone will also betray you,” Wike declared in a strongly worded statement that has since gone viral on social media and political circles. The remark is the latest escalation in the long-running feud between the two political heavyweights, who were once close allies. Wike, widely regarded as the architect of Fubara’s emergence as governor in 2023, has repeatedly described the sitting governor as ungrateful and treacherous. A History of Alleged Betrayal The rift between Wike and Fubara b...
Post a Comment
Read more