FocalPoint Reports

The federal government has ruled out any return to fuel subsidies or the introduction of price controls, reaffirming its commitment to market-driven economic policies. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made this known on Tuesday in Paris, stating that subsidy regimes distort the economy and will not be reinstated. He added that while the government supports market pricing, regulatory oversight would remain to prevent exploitation across the supply chain. “We will not bring back subsidies because they create distortions in the economy, and we will not introduce price controls because we believe in markets while ensuring that regulation is responsible so that no supplier, trader, or manufacturer takes advantage of the Nigerian people,” he said. Oyedele also noted that global developments, including tensions involving Iran, present both risks and opportunities for Nigeria, particularly in attracting energy investments and maximising revenue under...

A Delta APC Chieftain, John Feh, has called for an urgent intervention of the Federal and State Government in the Bomadi/Patani federal constituency politics, warning of massive wave of defection of members to Nigeria Democratic Congress (NDC) if nothing is done. Feh stated this in a statement on Tuesday. He said that Bomadi/Patani federal constituency was approaching a critical tipping point that demanded immediate and strategic intervention. According to him, emerging political developments indicate a high likelihood of mass defections from the ruling political structure to the rival NDC, driven by growing dissatisfaction among key stakeholders and grassroots supporters. ”This is not a routine political shift. It is a systemic signal of discontent that can fundamentally alter the political balance of the constituency and beyond, if not urgently addressed. ”The situation calls for decisive, fair and forward-looking action by the Delta Government and all relevant stakeholde...

The Inspector-General of Police, IGP Olatunji Rilwan Disu, on Tuesday, 5th May 2026, convened an emergency conference with senior strategic managers of the Nigeria Police Force (NPF), including the Force Management Team, Assistant Inspectors-General of Police and Commissioners of Police, at the Force Headquarters, Abuja. It was reported that the conference, which also had members of the press in attendance, was convened to address critical national security concerns, reinforce accountability within the Force, and outline strategic operational directives for Commands and Formations nationwide. This was disclosed in a statement by Force Public Relations Officer, DCP Anthony Okon Placid. In his address, the Inspector-General of Police emphasized the imperative of transparency, discipline, and leadership responsibility at all levels of command, noting that the evolving security landscape demands a more responsive, accountable, and intelligence-driven policing approach. The IGP directly...

The African Democratic Congress (ADC) has admitted that the exit of Peter Obi and Rabiu Kwankwaso from its platform represents a challenge, though the party insists it remains firmly focused on its 2027 electoral ambitions. Speaking on Monday night during an appearance on Arise News’ Prime Time programme, the party’s National Publicity Secretary, Bolaji Abdullahi, described the development as disappointing but not devastating. Obi, who contested the 2023 presidential election under the Labour Party, and Kwankwaso, candidate of the New Nigeria Peoples Party, had initially joined forces with the ADC in a bid to build a united opposition front ahead of the 2027 elections. However, both politicians later moved to the Nigeria Democratic Congress, where they called for an end to litigation-driven politics as part of their new political strategy. Reacting to their departure, Abdullahi said, “Is it a setback? The answer is yes. Is it a fatal blow? The answer is no, because the objectives are v...

THE Delta State Government has pledged a swift, intelligence-driven response to the rising wave of armed robberies targeting phone and gadget dealers in Asaba. The Secretary to the State Government (SSG), Dr Kingsley Emu, gave the assurance on Monday while receiving protesting dealers at the Government House, Asaba. Emu reaffirmed the government’s resolve not to allow criminal elements to undermine the state’s reputation for safety and public order. He acknowledged the seriousness of the concerns raised and reiterated the administration’s commitment to protecting lives and property. The SSG said the government had begun activating strategic security measures aimed at decisively addressing the threat. He disclosed that a high-level meeting would be convened with relevant security agencies, including intelligence units, to assess the incidents and deploy targeted interventions. Emu emphasised the importance of proper documentation of reported cases and urged affected traders to nominate ...

The Ibadan Electricity Distribution Company (IBEDC) Plc has confirmed the abduction of two of its employees in its Ogun region. The company said the two workers were kidnapped on Wednesday, April 29, 2026, while carrying out their official duties. It was reported that IBEDC disclosed this in a statement signed by its management, saying the incident occurred on the Oyo State axis of the Ibadan-Ijebu Ode Road. According to the company, the affected employees were whisked away while on duty along the route. Although IBEDC did not disclose the names of the abducted workers, it said the development had caused serious concern within the organisation. The company said, “ We are deeply concerned about this situation, and our thoughts are with our colleagues and their families at this difficult time.” IBEDC added that it had contacted relevant security agencies to ensure the safe rescue of the abducted staff members. The electricity distribution company said it was working closely with authorit...