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2027- Atiku unveils portal for Nigerians to question him

Fuel Subsidy Removal

By Annette Ikponmwonba | October 15, 2026

Key Points

· ADC presidential candidate Atiku Abubakar has launched a citizen engagement platform called Ask AA, where Nigerians can question him on his record and policies

· The platform is scheduled to go live at 8:30 pm on Thursday, according to ADC campaign communications director Phrank Shaibu

· Questions can cover the economy, security, technology, job creation and affordability

· Atiku says he will personally respond, with his media team assisting

· The campaign plans a radio interface so communities without internet access can take part

· Atiku says he will personally call selected participants who leave their contact details

Main Story

The African Democratic Congress presidential candidate, Atiku Abubakar, has launched a citizen engagement platform that lets Nigerians question him about his political record, policy proposals and plans for the country. The platform, tagged Ask AA, is scheduled to go live at 8:30 pm on Thursday, according to a statement issued by the Director of Strategic Communication for the ADC Presidential Campaign Council, Phrank Shaibu.

The portal will allow Nigerians to submit questions on issues including the economy, security, technology, job creation and measures to make life more affordable. The statement said Atiku would personally respond to questions, while members of his media team would also help provide answers.

Shaibu said the initiative was designed to bridge the information gap between voters and the former Vice President by giving citizens a direct channel to his positions and proposals. “The objective of this initiative is to bring Atiku Abubakar closer to the electorate through a practical, problem-solving platform,” he said.

The Issues

The launch is an attempt to present Atiku as accessible and open to scrutiny at a time when voters are focused on the economy and the cost of living. Having served as Vice President from 1999 to 2007 and sought the presidency several times, he faces questions about his long record, and the portal invites those questions directly.

How open the platform will be in practice is the key test. Atiku promised “no filters, no intermediaries,” yet his media team will help provide answers, and the campaign has not said how questions will be selected or whether tough ones will be answered, Access is another issue. An online portal excludes many Nigerians without internet access, which is why the planned radio interface matters, though no date was given for its introduction.

What’s Being Said

Atiku said he conceived the idea because leadership should involve direct communication between leaders and the people. “For too long, governance has felt distant, locked behind walls of bureaucracy. But our country’s greatest resource isn’t oil or land; it is our people,” he said, adding that Nigerians must start by tearing down the walls between leaders and the people.

He described Ask AA as a platform for transparency, accountability and dialogue, and said citizens were free to question his economic record, examine his plans and offer suggestions. He also said he would personally call selected citizens who leave contact details to hear about their experiences and daily challenges, Shaibu added that the initiative reflected Atiku’s commitment to using modern technology to make governance more efficient, secure and effective.

What’s Next

The platform goes live at 8:30 pm on Thursday, and attention will turn to the kinds of questions submitted and how Atiku and his team respond. The campaign also plans to introduce a radio interface for communities without internet access, Rival parties may respond or launch similar engagement tools as the 2027 campaign builds, and observers will watch whether the portal produces substantive answers or functions mainly as a campaign tool.

Bottom Line

Atiku is using Ask AA to cast himself as a candidate who listens and answers directly, but whether it delivers real transparency will depend on how openly his campaign handles difficult questions and how widely it reaches voters offline.

Osimhen’s pregnant girlfriend involved in car crash

No Intention To Hurt Osimhen With TikTok Video- Napoli

By Annette Ikponmwonba | October 15, 2026

Key Points

· Stefanie Kim Ladewig, the eight-month pregnant girlfriend of Super Eagles striker Victor Osimhen, escaped injury in a three-vehicle crash in Istanbul

· The 26-year-old model was discharged from hospital after precautionary medical checks because of her pregnancy

· The accident happened at about 3:10 pm on Tuesday in the Mithatpasa neighbourhood of Kemerburgaz, Eyupsultan district

· She was reportedly driving an SUV when she hit a light commercial vehicle on a bend, then collided with another SUV coming the opposite way

· All three vehicles were damaged, but no injuries were reported

· The report was published by Türkiye Today, citing the Demirören News Agency

Main Story

Stefanie Kim Ladewig, the eight-month pregnant girlfriend of Super Eagles striker Victor Osimhen, has escaped injury after a three-vehicle crash in Istanbul, Türkiye. The 26-year-old model was discharged from hospital after undergoing medical examinations as a precaution because of her pregnancy, Türkiye Today reported on Wednesday, citing the Demirören News Agency.

The accident occurred at about 3:10 pm on Tuesday in the Mithatpasa neighbourhood of Kemerburgaz, in Istanbul’s Eyupsultan district. According to DHA, Ladewig was driving an SUV when she entered a bend and hit a light commercial vehicle driven by a person identified as Paris T. The impact reportedly caused her to lose control, and the SUV then collided with another SUV travelling in the opposite direction, All three vehicles sustained damage, but no injuries were reported. Ladewig went to a private hospital in the Maslak area of Istanbul’s Sariyer district for precautionary checks. She was said to be in good condition and was discharged after the examinations.

The Issues

The incident raises concern mainly because of Ladewig’s advanced pregnancy. Even a crash with no visible injuries can carry risks at eight months, which explains why she went for medical checks right away, and her quick discharge is reassuring.

It also draws public attention to the private lives of footballers and their families, particularly those playing abroad. Osimhen is a high-profile figure at Galatasaray and for the Super Eagles, so any event involving his partner quickly becomes news in Nigeria and Türkiye, Details of the crash come from a single chain of reporting, DHA via Türkiye Today, and the exact cause of the collision has not been independently established.

What’s Being Said

DHA’s account describes Ladewig losing control after hitting the light commercial vehicle on a bend, leading to the second collision. The agency said she was in good condition when discharged, Türkiye Today identified her as a Berlin-born model who shares fashion and beauty content on social media. No statement from Ladewig or Osimhen was included in the report.

What’s Next

Attention will turn to any statement from Osimhen or Ladewig on her condition. Any further findings on the cause of the crash may also emerge from the authorities, With the birth approaching, fans and the media will likely keep following news about the couple, while Osimhen continues his season with Galatasaray.

Bottom Line

Osimhen’s girlfriend walked away from a three-vehicle crash unhurt and was cleared by doctors, a relief given her eight-month pregnancy, though the exact circumstances of the collision are still based on early reports.

Ethiopia targets 74.3% cut in greenhouse gas emissions by 2030

KEY POINTS

  • Ethiopia aims to reduce greenhouse gas emissions by 74.3 per cent by 2030 compared with a business-as-usual scenario.
  • The country is pursuing the target through renewable energy investments, reforestation and ecosystem restoration.
  • Ethiopia says its forest cover has risen from 17.2 per cent to 23.6 per cent, while its Green Legacy Initiative has recorded more than 56 billion trees planted.

MAIN STORY

Ethiopia has set a target to reduce greenhouse gas emissions by 74.3 per cent by 2030 against a business-as-usual scenario, with renewable energy development and large-scale reforestation forming key parts of its climate strategy.

The country’s Minister of Water and Energy, Habtamu Itefa Geleta, announced the target at an international meeting focused on advancing scientific cooperation on climate change mitigation and adaptation, according to TV BRICS, a partner of the News Agency of Nigeria.

The meeting, which opened on Wednesday, brought together climate experts and policymakers to discuss scientific cooperation on reducing emissions and adapting to climate change.

“Ethiopia has committed to a highly ambitious 74.3 per cent reduction in greenhouse gas emissions by 2030, relative to the business-as-usual scenario,” the minister said.

Ethiopia’s Climate-Resilient Green Economy strategy provides the framework for its climate policy, with investments focused on hydropower, wind and solar energy.

The country is also expanding electricity interconnections with neighbouring countries to support clean energy infrastructure and facilitate regional power cooperation.

Reforestation and ecosystem restoration are additional components of the strategy.

Through its Green Legacy Initiative, Ethiopia has planted more than 56 billion trees, according to the minister. The programme is intended to restore degraded landscapes and improve soil and water resources.

Habtamu said the country’s forest cover had increased from 17.2 per cent to 23.6 per cent.

“This is not just about planting trees; it is about restoring degraded water bodies, improving soil fertility, and raising better lives,” he said.

The minister also highlighted the role of scientific research in developing and implementing environmental policies.

Ethiopia uses methodologies developed by the Intergovernmental Panel on Climate Change (IPCC) to prepare national greenhouse gas inventories and relies on scientific assessments to guide climate-related planning.

THE ISSUES

Ethiopia’s target places renewable energy and ecosystem restoration at the centre of its efforts to reduce emissions. Expanding hydropower, wind and solar generation could reduce reliance on more carbon-intensive energy sources, while restoring forests and degraded landscapes can support carbon absorption and improve environmental conditions.

The 74.3 per cent target is measured against a business-as-usual scenario, meaning it compares projected emissions under the country’s existing development trajectory with emissions expected under its planned interventions. It should not be interpreted as an equivalent reduction from a fixed historical emissions level.

The reported increase in forest cover and the scale of the Green Legacy Initiative indicate the importance Ethiopia places on reforestation. However, tree-planting totals alone do not establish how much carbon has been absorbed or how much progress has been made towards the overall emissions target.

Implementation will depend on sustained investment, reliable emissions data, effective land restoration and the ability to expand clean electricity infrastructure while meeting development needs.

WHAT’S BEING SAID

  • “Ethiopia has committed to a highly ambitious 74.3 per cent reduction in greenhouse gas emissions by 2030, relative to the business-as-usual scenario.” – Habtamu Itefa Geleta, Minister of Water and Energy
  • “This is not just about planting trees; it is about restoring degraded water bodies, improving soil fertility, and raising better lives.” – Habtamu Itefa Geleta, Minister of Water and Energy

WHAT’S NEXT

Progress towards the 2030 target will depend on the implementation of renewable energy projects, continued ecosystem restoration and regular measurement of greenhouse gas emissions.

National emissions inventories and scientific assessments will be important for tracking progress against the business-as-usual baseline. Regional electricity cooperation could also support the expansion and use of clean energy infrastructure.

BOTTOM LINE

Ethiopia is pursuing a 74.3 per cent reduction in greenhouse gas emissions by 2030 through renewable energy development and environmental restoration. Whether it meets the target will depend on implementation, sustained investment and measurable reductions in emissions against its projected baseline.

China, Togo elevate ties to shared future partnership

KEY POINTS

  • Chinese President Xi Jinping and Togolese President Faure Gnassingbé have agreed to establish a China-Togo community with a shared future in the new era.
  • The leaders pledged to expand cooperation in trade, renewable energy, digital technology, infrastructure and industrial development.
  • China encouraged Togo to take advantage of its zero-tariff policy for eligible African countries and designated export channels to improve access to the Chinese market.

MAIN STORY

China and Togo have agreed to elevate their bilateral relations to a China-Togo community with a shared future in the new era, with both countries seeking stronger trade, investment and diplomatic cooperation.

The decision was announced in a joint statement following talks between Chinese President Xi Jinping and Togolese President Faure Gnassingbé at the Great Hall of the People in Beijing during Gnassingbé’s official visit to China.

Xi said the traditional friendship between the two countries, established by earlier generations of leaders, remained strong and had endured over time.

He said their cooperation, mutual understanding and people-to-people exchanges had contributed to broader China-Africa relations, adding that their aligned development priorities provided a basis for expanding cooperation across several sectors.

The Chinese president called for stronger exchanges between the two countries’ ruling parties and governments, greater sharing of governance experience and mutual support on issues concerning their respective core interests.

On trade, Xi described China’s zero-tariff policy for African countries as a measure intended to support Africa’s independent development and deepen economic cooperation with the continent.

He urged Togo to maximise opportunities under the policy and use designated channels for African exports to enter the Chinese market.

According to Xi, the arrangements could strengthen Togo’s role as a regional trade and logistics hub while expanding access for Togolese products and specialised goods from neighbouring countries.

Xi also welcomed Togo’s initiative to expand the cross-border use of the Chinese yuan and pledged stronger cooperation in renewable energy, digital technology and intelligent industries.

He said collaboration in these areas could support Togo’s industrialisation ambitions and create opportunities for economic development.

On international affairs, Xi called for closer coordination between China and Togo in multilateral institutions, improved global governance and joint efforts to promote regional peace and security.

He outlined four principles for international engagement in resolving African conflicts, emphasising African leadership, fairness, peaceful settlement and sustainable development.

Xi said African people should remain central to decisions affecting their continent, while international actors should respect the United Nations Charter, national sovereignty and territorial integrity.

He argued that hostilities and unilateral sanctions could not deliver lasting solutions to conflicts, advocating dialogue, consultation and mutual accommodation instead.

He also called for efforts to address both immediate security threats and their underlying causes through long-term development planning and sustained peacebuilding.

Gnassingbé said his visit had deepened his appreciation of China’s modernisation achievements, cultural heritage and governance philosophy under Xi’s leadership.

He pledged to strengthen mutual trust, expand dialogue and deepen long-term cooperation ahead of the 55th anniversary of diplomatic relations between the two countries in 2027.

The Togolese president also promised to encourage Chinese investment and broaden cooperation in trade, infrastructure, science and technology.

He endorsed Xi’s principles for resolving African conflicts and commended China’s contributions to international peace and stability. Gnassingbé said Togo was ready to strengthen multilateral cooperation, defend multilateralism and advance the shared interests of developing countries.

THE ISSUES

The partnership creates a framework for expanding China’s economic engagement with Togo, particularly in trade, infrastructure, renewable energy and digital technology. For Togo, a stronger relationship with China could provide additional opportunities to attract investment and develop industries beyond traditional economic activities.

The proposed use of zero-tariff access could also create opportunities for Togolese exporters. However, the commercial benefits will depend on which products qualify, the ability of local producers to meet market requirements and their capacity to supply Chinese buyers consistently.

Togo’s ambition to strengthen its position as a regional trade and logistics hub could benefit neighbouring countries if improved trade links and infrastructure make it easier to move goods across borders. Realising that ambition will require investment in transport, logistics and productive capacity.

The agreement also has a diplomatic dimension. Both countries have called for closer coordination in international institutions and stronger cooperation among developing countries. Their positions on African conflict resolution emphasise national sovereignty, dialogue and development, although the practical implications will depend on how those principles are applied in specific situations.

WHAT’S NEXT

The next phase will depend on how the partnership is translated into trade arrangements, investment commitments and specific projects in renewable energy, digital technology, infrastructure and industrial development.

The 55th anniversary of diplomatic relations in 2027 will provide a further milestone for assessing progress in bilateral cooperation.

For Togo, the key measures will include whether the partnership attracts new investment, improves access for domestic products to Chinese markets and supports local industrial development.

BOTTOM LINE

China and Togo have established a broader framework for economic and diplomatic cooperation, with trade access, investment and industrial development among the central priorities. The partnership’s practical value will depend on whether it produces tangible gains for Togolese businesses, exporters and workers.

Dangote, Botswana Stock Exchange back NGX push for cross-border investment

KEY POINTS

  • Dangote Industries and the Botswana Stock Exchange have endorsed NGX Group’s efforts to expand cross-border investment opportunities across African capital markets.
  • The initiative is being promoted through a roadshow for the Dangote Petroleum Refinery and Petrochemicals FZE offer.
  • NGX plans further engagements with the Egyptian Exchange and Ethiopian Securities Exchange to strengthen cooperation among African markets.

MAIN STORY

Dangote Industries Limited and the Botswana Stock Exchange (BSE) have backed the Nigerian Exchange Group’s (NGX Group) efforts to strengthen cooperation among African capital markets and expand cross-border investment opportunities.

The endorsements came on Wednesday at an investor engagement in Gaborone, Botswana, during the ongoing roadshow for the Dangote Petroleum Refinery and Petrochemicals FZE offer, according to a statement issued by NGX Group.

Murat Erden, group chief financial officer of Dangote Industries, commended NGX Group for bringing African capital-market institutions together to widen investment opportunities across the continent.

Erden acknowledged the leadership of NGX Group Chairman, Alhaji Umaru Kwairanga, and Group Managing Director, Temi Popoola, in advancing the initiative.

He said the collaboration, which began with an engagement in Lagos in April, demonstrated the potential of partnerships among African stock exchanges.

Erden also highlighted digital innovation, particularly the integration of WhatsApp into NGX Invest, as a way to broaden access to the refinery offer.

Aobakwe Aupa Monyatsi, chief executive officer of the Botswana Stock Exchange, also welcomed the partnership, saying cooperation among African exchanges could expand investor participation.

He added that the initiative could encourage more African markets to participate in collaborative efforts to strengthen investment flows across the continent.

At an earlier engagement in Nairobi, Kenya, Aliko Dangote, president and chief executive of Dangote Industries, commended NGX Group for promoting cooperation among African capital-market institutions.

Dangote said stronger relationships among exchanges could enable businesses to raise capital across multiple markets rather than depend exclusively on domestic investors.

He cited the planned refinery in Mokowe-Lamu, Kenya, as an example of how businesses operating across Africa could explore listings in multiple markets.

Kwairanga said the initiative reflected NGX Group’s ambition to strengthen connections among African capital markets and improve access to investment opportunities.

“Our vision is to build stronger connections among African capital markets, making it easier for businesses to access capital and for investors to participate in opportunities across the continent.

“The collaboration around the Dangote Refinery offer demonstrates what African exchanges can achieve when we work together toward a shared objective,” Kwairanga said.

Popoola said the initiative was intended to turn the ambition of continental integration into practical partnerships among African exchanges.

He said collaboration could give businesses access to a wider pool of investors while creating more opportunities for investors across participating markets.

NGX Invest, the group’s electronic public-offering platform, supports subscriptions through more than 180 distribution channels, including stockbrokers, banks and fintech companies.

The addition of WhatsApp as an access channel is expected to provide investors with another way to subscribe to the offer.

The roadshow will continue with engagements at the Egyptian Exchange and the Ethiopian Securities Exchange, as NGX Group seeks to deepen institutional cooperation and expand cross-border investment opportunities across Africa.

THE ISSUES

African businesses seeking to raise capital often operate in markets with different investor bases, regulatory requirements and trading infrastructure. Stronger links among stock exchanges could help companies reach investors beyond their home countries and give investors access to a broader range of opportunities.

The Dangote refinery offer roadshow provides a platform for testing how collaboration among exchanges can support investment distribution across national borders. However, endorsements from market institutions do not, on their own, establish the volume of cross-border investment that the initiative will generate.

Digital access is another part of the strategy. By adding WhatsApp to NGX Invest’s existing distribution channels, NGX is seeking to make subscription processes more accessible. The impact will depend on the ease of use, investor awareness and the effectiveness of the subscription process.

For African capital markets, the longer-term challenge is to turn cooperation into practical arrangements that make it easier for businesses to raise funds and investors to participate across jurisdictions.

WHAT’S BEING SAID

  • “Our vision is to build stronger connections among African capital markets, making it easier for businesses to access capital and for investors to participate in opportunities across the continent.”-Alhaji Umaru Kwairanga, NGX Group Chairman
  • “The collaboration around the Dangote Refinery offer demonstrates what African exchanges can achieve when we work together toward a shared objective.” – Alhaji Umaru Kwairanga, NGX Group Chairman

WHAT’S NEXT

NGX Group is scheduled to continue its roadshow with engagements at the Egyptian Exchange and the Ethiopian Securities Exchange.

The next stages will test whether the initiative can attract broader participation from African capital-market institutions and improve access to investment opportunities across participating markets.

The use of NGX Invest and its additional WhatsApp channel will also be relevant to assessing how digital distribution can support subscriptions to the refinery offer.

BOTTOM LINE

Support from Dangote Industries and the Botswana Stock Exchange strengthens NGX Group’s push for greater cooperation among African capital markets. The initiative’s success will ultimately depend on whether these partnerships translate into wider investor participation and more effective cross-border fundraising for African businesses.

China, Botswana elevate ties to comprehensive strategic partnership

KEY POINTS

  • Chinese President Xi Jinping and Botswana’s President Duma Boko have upgraded bilateral relations to a comprehensive strategic cooperative partnership.
  • The countries signed cooperation agreements covering green mining, healthcare, human resources, the Belt and Road Initiative and the Global Security Initiative.
  • China identified agriculture, livestock development, digital technology, education and mineral processing as priority areas for deeper cooperation.

MAIN STORY

China and Botswana have elevated their bilateral relations to a comprehensive strategic cooperative partnership, signalling plans to deepen economic cooperation, expand investment and strengthen political ties.

The upgrade followed talks between Chinese President Xi Jinping and Botswana’s President Duma Boko at the Great Hall of the People in Beijing during Boko’s state visit to China.

According to a joint statement issued on Thursday, the two countries signed cooperation agreements covering the Global Security Initiative, the Belt and Road Initiative, green mining, healthcare and human resources.

Xi described the relationship between the two countries as a longstanding friendship that should “shine bright and endure like diamonds”, referencing the importance of diamonds to Botswana’s economy.

He recalled Botswana’s support in the 1970s for restoring the People’s Republic of China’s lawful seat at the United Nations, before the two countries established diplomatic relations.

Xi said both countries were “advancing side by side towards modernisation, creating opportunities to strengthen their longstanding friendship and contribute to global development.”

He also noted that 2026 marked the 105th anniversary of the founding of the Communist Party of China and the 60th anniversary of Botswana’s independence.

The Chinese president called for stronger cooperation between the countries’ governing parties, including exchanges on state governance and closer alignment of development priorities. He reaffirmed Beijing’s support for Botswana’s pursuit of a development path suited to its national circumstances.

On trade and investment, Xi encouraged Botswana to take advantage of China’s zero-tariff treatment for African countries that maintain diplomatic relations with Beijing.

He identified the digital economy, agriculture, livestock development and the Smart Education Project as priority areas for cooperation to support Botswana’s economic and social development.

Mining also featured prominently in the discussions. Xi proposed a four-point framework centred on African ownership of natural resources, mutual benefit, high-quality development and a fair, open investment environment.

He said African countries should determine how their mineral resources were developed, while China remained ready to share expertise and support mining strategies suited to individual countries.

Xi also urged Chinese companies operating in Africa to strengthen their capabilities, transfer environmentally friendly technologies and promote South-South cooperation in mining.

He advocated greater mineral processing and industrial value addition on the continent, alongside affordable and sustainable financing models to accelerate economic development.

The Chinese leader cautioned against turning Africa’s natural resources into instruments of geopolitical rivalry, urging international partners to support development and create favourable conditions for responsible investment.

Boko, in his remarks, commended China’s development achievements under Xi’s leadership, highlighting its poverty reduction experience and development pathway as useful examples for Botswana.

He reaffirmed Botswana’s commitment to the one-China principle, opposition to Taiwan independence and rejection of interference in China’s internal affairs.

The Botswana president also welcomed increased Chinese investment and deeper cooperation under the Belt and Road Initiative, particularly in agriculture, mining, industrial development, innovation and digital transformation.

Boko expressed Botswana’s readiness to work with China on multilateralism, solidarity among developing countries and reforms aimed at making global governance more inclusive and representative.

THE ISSUES

The upgraded partnership provides a framework for expanding China’s economic engagement with Botswana beyond existing trade and mining relationships. Agriculture, digital services, education and industrial development could offer additional channels for investment and technology transfer.

Mineral processing is particularly significant because it could help Botswana capture more value from its natural resources instead of relying predominantly on the extraction and export of raw materials. However, achieving that objective will require investment in infrastructure, technical skills, energy supply and local industrial capacity.

China’s zero-tariff treatment for eligible African countries could also create opportunities for Botswana’s exporters. The practical benefits will depend on the products covered, exporters’ ability to meet market requirements and their capacity to supply Chinese buyers competitively.

The partnership also has a diplomatic dimension. Botswana’s reaffirmation of the one-China principle aligns with Beijing’s position on Taiwan, while both governments have expressed interest in closer cooperation on international governance and developing-country priorities.

WHAT’S BEING SAID

  • “shine bright and endure like diamonds” – Xi Jinping, President of China, describing China-Botswana friendship
  • “advancing side by side towards modernisation, creating opportunities to strengthen their longstanding friendship and contribute to global development.” – Xi Jinping, President of China

WHAT’S NEXT

The practical outcome of the partnership will depend on how the signed cooperation documents translate into investment, projects and commercial opportunities.

Implementation in mining, agriculture, digital technology, education and healthcare will be important to determining whether the agreements generate jobs, improve productivity and strengthen Botswana’s industrial capacity.

The proposed emphasis on mineral processing and technology transfer will also be a key test of whether the relationship supports greater local value addition alongside continued Chinese investment.

BOTTOM LINE

China and Botswana have upgraded their relationship with an emphasis on investment, technology, mining and broader economic cooperation. The central question is whether the new framework will translate into tangible development gains for Botswana, particularly through local industrialisation, employment and greater value from its natural resources.

PenCom automates pension penalties, blocks clearance for defaulting employers

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -The National Pension Commission (PenCom) has introduced an automated system for calculating penalties on delayed pension contributions.
  • Employers with unpaid penalties will be unable to obtain Pension Clearance Certificates (PCCs) until they settle their liabilities.
  • PenCom disclosed that recoveries from defaulting employers reached N36.6bn as of July 2026.
  • Pension fund operators are prohibited from investing in companies that fail to remit pension contributions for their workers.
  • Two additional states began making pension contributions in 2026 but have yet to meet all requirements for full implementation of the scheme.

MAIN STORY

The National Pension Commission (PenCom) has introduced an automated system for calculating penalties on delayed pension contributions, tightening enforcement against employers who fail to remit workers’ retirement savings on time.

The system links the settlement of outstanding penalties to the issuance of Pension Clearance Certificates (PCCs), which employers may need to demonstrate compliance with pension regulations when seeking government contracts and other business opportunities.

Director-General of PenCom, Omolola Oloworaran, disclosed the development on Tuesday at the commission’s 2026 Annual PenCom Media Conference in Abuja.

“I would also note that the new system we just implemented for PCC, the system auto-calculates penalties. So, if you are requesting a pension plan certificate, and there are any delays in you remitting your pension until you pay your penalties, you will not be able to get your pension plan certificate,” Oloworaran said.

She explained that the measure was intended to ensure employers fulfil their obligations under the Contributory Pension Scheme.

Although penalties for late remittances already exist under pension legislation, the automated process strengthens enforcement by making the settlement of outstanding liabilities a condition for obtaining clearance certificates.

Oloworaran acknowledged that some employers continued to withhold pension contributions or delay payments despite regulatory interventions.

“But we are monitoring and we are going after employers who are not contributing and also those who are not contributing in time as well,” she said.

PenCom has also extended pension compliance requirements to commercial relationships involving pension fund operators and their business partners.

Oloworaran cited First Bank, United Bank for Africa, Guaranty Trust Bank, Access Bank and Zenith Bank as examples of major financial institutions with affiliations in the pension industry that could support enforcement efforts.

According to her, pension fund operators are barred from investing in companies that fail to remit pension contributions for their employees. The restrictions cover investment placements and other financial transactions involving non-compliant organisations.

To recover outstanding contributions, the commission has engaged recovery agents to examine employers’ records, establish unpaid liabilities and facilitate the collection of funds owed to workers.

PenCom’s cumulative recoveries from defaulting employers stood at N36.6bn as of July 2026. Oloworaran added that recoveries recorded during the year had already exceeded the previous annual record.

“A deduction on a payslip that does not reach a Retirement Savings Account is a breach of trust and a breach of the law,” she said.

“We will find what is owed, we will recover it, and we will hold those responsible to account,” she added.

On compliance by state governments, Oloworaran disclosed that two additional states had commenced pension contributions in 2026. However, the states had yet to fulfil all the requirements for full implementation of the scheme.

She said the commission was engaging state governments to improve compliance and strengthen retirement benefits for their workers.

THE ISSUES

Delayed pension remittances can prevent workers’ contributions from reaching their Retirement Savings Accounts as required under the Contributory Pension Scheme.

PenCom’s automated penalty system is designed to strengthen accountability by ensuring that employers settle outstanding liabilities before obtaining pension clearance certificates.

The restrictions on pension fund operators’ investments in non-compliant companies also extend the enforcement mechanism beyond direct penalties, potentially affecting the business and investment relationships of defaulting employers.

The N36.6bn recovered from defaulting employers as of July 2026 highlights the scale of the commission’s recovery efforts. However, continued monitoring and enforcement remain necessary to ensure that deductions made from workers’ salaries are remitted promptly.

Compliance among state governments also remains an issue, with two additional states beginning contributions in 2026 but not yet meeting all the requirements for full implementation.

WHAT’S BEING SAID

“I would also note that the new system we just implemented for PCC, the system auto-calculates penalties. So, if you are requesting a pension plan certificate, and there are any delays in you remitting your pension until you pay your penalties, you will not be able to get your pension plan certificate,” Omolola Oloworaran, Director-General of the National Pension Commission, said.

“But we are monitoring and we are going after employers who are not contributing and also those who are not contributing in time as well,” Omolola Oloworaran said.

“A deduction on a payslip that does not reach a Retirement Savings Account is a breach of trust and a breach of the law,” Omolola Oloworaran said.

“We will find what is owed, we will recover it, and we will hold those responsible to account,” Omolola Oloworaran said.

WHAT’S NEXT

PenCom is expected to continue monitoring employers’ pension remittances, pursuing outstanding contributions and enforcing penalties against organisations that fail to comply with pension regulations.

The commission is also engaging state governments to improve compliance with the Contributory Pension Scheme and expand retirement benefits for public-sector workers.

Employers with outstanding penalties will need to settle their liabilities to obtain Pension Clearance Certificates, while pension fund operators must observe restrictions on investments involving non-compliant organisations.

BOTTOM LINE

PenCom’s automated penalty system strengthens enforcement against employers that delay workers’ pension contributions. By linking outstanding penalties to pension clearance certificates and restricting investments in non-compliant companies, the commission is seeking to improve remittance discipline and protect workers’ retirement savings.

NADDC calls for local manufacturing to drive Nigeria’s automotive industry

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -NADDC Director-General Joseph Osanipin says Nigeria must strengthen local vehicle design, manufacturing and assembly rather than rely heavily on imports.
  • -The 26th Abuja International Motor Fair will hold from November 10 to 13 at Eagle Square, Abuja.
  • -The council is prioritising local content, component manufacturing, technical training and investment in emerging automotive technologies.
  • -BKG Exhibitions Chairman Ifeanyichukwu Agwu says the automotive sector can support industrialisation, job creation and wider economic activity.

MAIN STORY

The National Automotive Design and Development Council (NADDC) has called for greater investment in local vehicle manufacturing, component production and automotive technology to reduce Nigeria’s reliance on imported vehicles.

The council’s Director-General, Joseph Osanipin, said Nigeria’s automotive industry must increasingly focus on designing, manufacturing and assembling vehicles locally.

He spoke on Wednesday in Abuja at a joint news conference with BKG Exhibitions Ltd ahead of the 26th Abuja International Motor Fair, scheduled to hold from November 10 to 13 at Eagle Square, Abuja.

“The future of our automotive industry must not be defined solely by the vehicles we import, but increasingly by what we design, manufacture, assemble and develop,” Osanipin said.

He said a stronger automotive industry could help diversify the economy, conserve foreign exchange, create jobs and expand indigenous manufacturing.

Osanipin stressed that vehicle assembly alone would not be sufficient to build a sustainable industry, noting the need for local suppliers of components, spare parts and accessories.

He said NADDC’s priorities included developing local content, supporting vehicle assembly and component manufacturing, promoting research, building technical capacity and encouraging investment in emerging automotive technologies.

The council was also preparing for developments in electric mobility, alternative fuels and battery technology, he said, adding that compressed natural gas (CNG) offered opportunities for affordable and efficient transport.

However, Osanipin said the adoption of CNG solutions would require safety standards, technical training, quality assurance and public education.

He also emphasised the need to equip young Nigerians with the skills required to participate in the automotive industry.

“Our young people must not remain spectators in the transformation of the global automotive industry,” he said.

“They should be equipped as technicians, engineers, innovators, manufacturers and business leaders.”

He urged industry operators to use the motor fair to establish partnerships, offer internships and promote knowledge transfer.

On consumer confidence, Osanipin said locally manufactured and assembled vehicles needed to meet quality and safety standards, supported by qualified personnel and reliable after-sales services.

He called on manufacturers, vehicle assemblers, financial institutions and technology companies to invest in vehicle assembly, component production, after-sales services and automotive technology.

According to him, the fair is expected to strengthen links between Nigerian manufacturers and international brands, promote local content and create business opportunities for small and medium-sized enterprises.

“Nigeria has the potential to become a stronger automotive manufacturing and mobility hub in Africa and this will require deliberate investment and sustained collaboration,” he said.

Osanipin commended BKG Exhibitions for its partnership and urged the media to report the activities of Nigerian manufacturers, assemblers and innovators responsibly.

Also speaking, BKG Exhibitions Chairman, Ifeanyichukwu Agwu, said the automotive industry extended beyond vehicles to include industrialisation, technology, mobility, employment and national pride.

“When a nation builds a strong automobile industry, it does not build only vehicles. It builds industries around industries,” Agwu said.

He said the sector supported a broad range of activities, including the production of steel, rubber and batteries, as well as finance, insurance, logistics and vehicle repairs.

Agwu described the motor fair as a national automotive marketplace and a platform for policy engagement. He said it would bring together manufacturers, assemblers, distributors, component producers, financial institutions, fleet owners, state governments and investors.

He commended NADDC and its director-general, describing the partnership between the council and BKG Exhibitions as a practical collaboration rather than a ceremonial arrangement.

Agwu added that Nigeria’s industrial development would require cooperation among government, private companies and exhibition organisers.

THE ISSUES

Nigeria’s automotive sector faces the challenge of building stronger local production capacity in a market where imported vehicles remain a major source of supply.

Developing local manufacturing requires more than assembling vehicles. It also involves producing components and spare parts, training skilled workers, maintaining quality and safety standards, and providing reliable after-sales services.

Investment in electric mobility, battery technology and alternative fuels could also create opportunities for the sector, but Osanipin said these developments must be supported by technical expertise and appropriate safety standards.

WHAT’S BEING SAID

“The future of our automotive industry must not be defined solely by the vehicles we import, but increasingly by what we design, manufacture, assemble and develop,” Joseph Osanipin, NADDC Director-General, said.

“A strong automotive industry cannot depend on vehicle assembly alone, hence, the need for local suppliers of components, spare parts and accessories,” Osanipin said.

“Our young people must not remain spectators in the transformation of the global automotive industry,” he said.

“They should be equipped as technicians, engineers, innovators, manufacturers and business leaders,” Osanipin added.

“Nigeria has the potential to become a stronger automotive manufacturing and mobility hub in Africa and this will require deliberate investment and sustained collaboration,” he said.

“When a nation builds a strong automobile industry, it does not build only vehicles. It builds industries around industries,” Ifeanyichukwu Agwu, BKG Exhibitions chairman, said.

WHAT’S NEXT

The 26th Abuja International Motor Fair is scheduled for November 10 to 13 at Eagle Square, Abuja. The event is expected to bring together automotive manufacturers, assemblers, distributors, investors, financial institutions and government representatives to discuss industry development and explore business partnerships.

BOTTOM LINE

NADDC is urging Nigeria to build a stronger automotive industry through local manufacturing, component production, skills development and investment in new technologies, with the Abuja International Motor Fair expected to provide a platform for collaboration.

Ebonyi APGA chairman warns members against campaign violence ahead of 2027 elections

By Emmanuella Opara| October 14th 2026

KEY POINTS

  • -Ebonyi APGA Chairman Emmanuel Nwankwo has urged party candidates and supporters to avoid thuggery, violence and intimidation during the 2027 election campaigns.
  • -The warning follows the alleged destruction of the party’s billboards at its secretariat in Abakaliki.
  • -Nwankwo appealed to members not to retaliate and called on security agencies to act against the destruction of campaign materials.
  • -The party said it was consulting across parts of Ebonyi State ahead of the commencement of its campaigns.

MAIN STORY

The Ebonyi State chapter of the All Progressives Grand Alliance (APGA) has urged its candidates and supporters to avoid violence, intimidation and other actions capable of disrupting public peace during campaigns for the 2027 general elections.

The party’s state chairman, Emmanuel Nwankwo, gave the warning in Abakaliki on Wednesday following the alleged destruction of APGA billboards at its secretariat.

He appealed to members not to retaliate against those suspected of sponsoring the vandalism, urging them to concentrate on campaigning and engaging voters.

“We will not join them in tearing billboards, fighting or getting involved in any form of violence,” Nwankwo said.

He also urged party members to avoid confrontations, fighting, intimidation, online bullying and the destruction of campaign materials belonging to rival parties.

Nwankwo called on security agencies to take firm action against the destruction of campaign billboards, warning that unchecked lawlessness could threaten peace in the state ahead of the elections.

He also urged relevant authorities to ensure that campaigns and elections were peaceful, transparent and free from violence.

The APGA chairman called on political actors, their supporters and members of the public to approach the 2027 elections with maturity and sportsmanship, stressing that political competition should not lead to violence.

“The interest of the electorate and the peace of the state should remain paramount,” he said.

Nwankwo described APGA’s candidates as credible and said their commitment to addressing voters’ concerns would strengthen the party’s chances at the polls.

“Our candidates are issue-driven, peaceful and committed to addressing the concerns of the electorate,” he said.

He added that their records of service and engagement with constituents would give the party a competitive advantage.

The chairman said APGA had intensified consultations and engagements across Ohaukwu, Ebonyi North, Ezza North, Ishielu, Ohanivo and Afikpo areas.

He said the party leadership was working to determine a date for the commencement of its campaigns.

Nwankwo expressed confidence that the popularity of the candidates, the commitment of supporters and the party’s campaign strategies would help APGA secure victory in the elections.

THE ISSUES

The alleged destruction of APGA’s campaign billboards has raised concerns about the conduct of political activities in Ebonyi State ahead of the 2027 elections.

Nwankwo’s appeal against retaliation highlights the risk that attacks on campaign materials could lead to confrontations between supporters of rival parties. His call for security agencies to intervene also places responsibility on the authorities to protect campaign activities and help prevent political violence.

WHAT’S BEING SAID

“We will not join them in tearing billboards, fighting or getting involved in any form of violence,” Emmanuel Nwankwo, Ebonyi APGA chairman, said.

“Remain calm, avoid confrontations, fighting, intimidation, online bullying and the destruction of campaign materials belonging to rival political parties,” Nwankwo urged party members.

“The interest of the electorate and the peace of the state should remain paramount,” Nwankwo said.

“Our candidates are issue-driven, peaceful and committed to addressing the concerns of the electorate,” he added.

WHAT’S NEXT

APGA is continuing consultations across parts of Ebonyi State while its leadership works towards setting a date for the commencement of campaigns. Security agencies are also being urged to respond to the alleged destruction of campaign billboards and help maintain peace during political activities.

BOTTOM LINE

Ebonyi APGA has urged its candidates and supporters to avoid retaliation and campaign violence following the alleged destruction of its billboards, as the party prepares for the 2027 elections.

INEC gives parties until October 24 to challenge omission of 2027 candidates

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -INEC has set October 24 as the deadline for political parties to report alleged wrongful omissions from the final list of 2027 governorship candidates.
  • -PDP governorship candidates Oladipupo Adebutu of Ogun and Isa Ali Pantami of Gombe are among those missing from the list.
  • -The Supreme Court ruled on September 24 that political parties must comply with the Electoral Act’s membership register requirements.
  • -INEC said parties that failed to submit their registers within the stipulated period were ineligible to sponsor candidates.

MAIN STORY

The Independent National Electoral Commission (INEC) has given political parties until October 24 to notify it of alleged errors involving the omission of their candidates from the final list for the 2027 governorship elections.

The commission said the deadline was based on Section 32(2) of the Electoral Act, 2026, which allows political parties 14 days from the publication of the list to report candidates they believe were wrongly excluded.

INEC announced the deadline in a statement issued on Tuesday by its National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Haruna.

Among those omitted from the list are the Peoples Democratic Party’s governorship candidates in Ogun and Gombe states, Oladipupo Adebutu and Isa Ali Pantami, respectively.

The Nigeria Democratic Congress candidate in Kano State, Aminu Gwarzo, was also missing. In Jigawa State, the African Democratic Congress protested the omission of its endorsed deputy governorship candidate, Aminu Ringim, and several other candidates.

The omissions have prompted protests and demands for clarification from affected parties and candidates, with some threatening legal action to secure their inclusion.

INEC linked its decision to the Supreme Court’s September 24 judgment in INEC v. Zenith Labour Party, appeal number SC/CV/495/2026. The court upheld the constitutionality of Sections 77(5), 77(6) and 77(7) of the Electoral Act, 2026, which govern political party membership registers and their use in primaries, congresses and conventions.

The commission said the judgment followed its appeal against an earlier Court of Appeal decision that had nullified the disputed provisions.

According to INEC, the Supreme Court also upheld the commission’s timetable requiring political parties to submit their membership registers between April 21 and May 10, 2026.

The court further ruled that parties that failed to comply with the requirements were ineligible to sponsor candidates for the election.

INEC said it applied the ruling when compiling the final governorship candidates’ list, excluding parties that did not meet the membership register requirements. It cited Section 287(1) of the 1999 Constitution, as amended, which requires authorities to enforce court decisions.

The commission also noted that the final lists of presidential and National Assembly candidates had been published on September 12, 2026, before the Supreme Court delivered its judgment.

It maintained that political parties seeking corrections to the governorship list must notify the commission by October 24.

INEC said it remained committed to transparency, the rule of law and the credibility of the electoral process ahead of the February 6, 2027 governorship elections.

THE ISSUES

The omissions have raised concerns among affected political parties over their participation in the 2027 elections. INEC’s position is that compliance with the Electoral Act’s membership register provisions is mandatory and that the Supreme Court’s ruling must be enforced.

The October 24 deadline gives parties that believe their candidates were wrongly excluded an opportunity to formally notify the commission. However, the outcome will depend on the grounds for each complaint and the applicable legal requirements.

WHAT’S BEING SAID

“The general public is aware of the recent decision of the Supreme Court in INEC v. Zenith Labour Party, Appeal No. SC/CV/495/2026 delivered on 24th September, 2026,” the Independent National Electoral Commission said.

“However, the Supreme Court, in the aforementioned judgment, held that the provisions of Section 77(5)-(7) of the Electoral Act, 2026 are constitutional and mandatory for all political parties,” the commission stated.

“Furthermore, the court held that failure to comply with the provisions of Section 77(5)-(7) renders the defaulting political parties ineligible to sponsor any candidate for the election,” INEC said.

“Under Section 32(2) of the Electoral Act, 2026, political parties that believe their candidates were wrongly left off the list have 14 days from the date of publication to notify the commission. The deadline is 24th October, 2026,” the commission added.

WHAT’S NEXT

Affected political parties have until October 24 to notify INEC of alleged errors in the governorship candidates’ list. The commission’s response to any submissions will determine whether the complaints lead to corrections or further disputes.

BOTTOM LINE

INEC has set October 24 as the deadline for parties to challenge the omission of candidates from the 2027 governorship list, while maintaining that its exclusions were based on the Supreme Court’s ruling on compliance with electoral law.

IMF warns rising essential goods prices could worsen poverty in Nigeria

IMF Calls On Countries To Prevent Second Cold War

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -The International Monetary Fund (IMF) has warned that rising prices of essential goods could worsen poverty and food insecurity in Nigeria despite improved macroeconomic stability.
  • -Nigeria’s economy is projected to grow by 4.2 per cent in 2026, up from an estimated 4.0 per cent in 2025.
  • -The IMF expects economic growth to accelerate to 4.3 per cent in 2027.
  • -Sub-Saharan Africa’s economic growth is projected to remain at 4.5 per cent in 2026.
  • -The Fund identified geopolitical tensions, higher food and energy prices, and tighter global financing conditions as risks to economic growth.

MAIN STORY

The International Monetary Fund (IMF) has warned that rising prices of essential goods could deepen poverty and food insecurity in Nigeria, despite improvements in macroeconomic stability and favourable external trade conditions.

The warning was contained in the Fund’s October 2026 World Economic Outlook report, titled Resilience Under Strain, Urgent Choices, published on Tuesday.

The report highlighted the gap between improvements in Nigeria’s economic indicators and the financial pressures facing households, particularly those struggling with the cost of food and other basic necessities.

“Nigeria is supported by improved macroeconomic stability and favourable terms-of-trade effects, though higher prices for essentials are expected to further aggravate poverty and food insecurity,” the IMF stated.

The assessment indicates that although economic stabilisation measures have improved Nigeria’s outlook, the gains have not removed the pressure on household purchasing power as essential commodities become more expensive.

According to the Fund, Nigeria is among the larger economies in sub-Saharan Africa benefiting from earlier stabilisation measures and economic reforms. However, countries across the region remain exposed to fluctuations in commodity prices, climate shocks and limited access to external financing.

The IMF projected that sub-Saharan Africa’s economy would grow by 4.5 per cent in 2026, although the regional estimate masks differences in the performance of individual countries.

“Growth in sub-Saharan Africa is expected to remain stable at 4.5 percent in 2026, though this masks some substantial divergence across countries,” the Fund stated.

It explained that oil-importing and non-resource-intensive economies were facing greater pressure from higher energy and food prices, while some larger economies were benefiting from previous reforms and improved economic conditions.

Nigeria’s favourable terms-of-trade position is expected to provide some support for economic activity. However, the IMF’s assessment indicates that stronger macroeconomic fundamentals do not necessarily translate into improved living conditions when the cost of essential goods continues to rise.

The report also identified declining official development assistance and limited participation in the global artificial intelligence investment boom as challenges facing several African economies.

For Nigeria, the IMF projected economic growth of 4.2 per cent in 2026, compared with an estimated 4.0 per cent in 2025. The economy is expected to expand by a further 4.3 per cent in 2027.

The 2026 forecast represents an upward revision of 0.1 percentage point from the Fund’s April projection. Its forecast for 2027 was also raised by 0.1 percentage point.

Despite the improved growth outlook, the IMF warned that persistent geopolitical tensions, rising food and energy prices, and tighter global financing conditions could weaken economic growth, particularly in developing countries.

“Risks are skewed to the downside,” the Fund stated, pointing to a prolonged conflict in the Middle East and further disruptions to energy infrastructure as potential threats to global economic stability.

THE ISSUES

The IMF’s assessment highlights the difference between economic growth and improvements in household welfare.

Although Nigeria’s growth forecast has been revised upwards, rising prices of essential goods remain a threat to the living standards of households, particularly those with limited financial resources.

Food and energy costs are central to this concern because increases in these expenses can leave households with less money for other basic needs.

The report also points to external vulnerabilities facing African economies, including commodity price volatility, climate-related shocks and limited access to international financing.

For Nigeria, the challenge is to sustain macroeconomic stability while ensuring that economic improvements translate into better living conditions and reduced food insecurity.

WHAT’S BEING SAID

“Nigeria is supported by improved macroeconomic stability and favourable terms-of-trade effects, though higher prices for essentials are expected to further aggravate poverty and food insecurity,” the International Monetary Fund stated.

“Growth in sub-Saharan Africa is expected to remain stable at 4.5 percent in 2026, though this masks some substantial divergence across countries,” the International Monetary Fund stated.

“Risks are skewed to the downside,” the International Monetary Fund stated.

WHAT’S NEXT

Nigeria’s economic performance will depend partly on whether the projected growth can be sustained amid domestic cost pressures and external economic risks.

The IMF’s projections point to continued expansion in 2026 and 2027, but the report’s warning on poverty and food insecurity highlights the importance of addressing the effects of rising essential goods prices on households.

Developments in international energy markets, geopolitical tensions and global financing conditions will also remain important to the economic outlook for Nigeria and other developing economies.

BOTTOM LINE

The IMF expects Nigeria’s economy to grow by 4.2 per cent in 2026, but warns that rising prices of essential goods could worsen poverty and food insecurity. The central challenge is ensuring that improved economic stability translates into better living conditions for Nigerians.

COEASU demands full implementation of 2026 renegotiated agreement

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -The Colleges of Education Academic Staff Union (COEASU) has urged federal and state governments to fully implement the 2026 renegotiated agreement.
  • -The union called for the timely payment of lecturers’ allowances, improved welfare and implementation of the seven-rung academic career structure.
  • -COEASU also called for adequate funding, staffing and facilities to support the dual mandate policy in eligible colleges of education.
  • -PenCom’s National Commission for Colleges of Education Executive Secretary, Dr Angela Ajala, reaffirmed the government’s commitment to improving teacher education.
  • -The union’s 2026 Teachers’ Day celebration featured scholarships for outstanding NCE students, the unveiling of an academic journal and announcements of service awards.

MAIN STORY

The Colleges of Education Academic Staff Union (COEASU) has called on the Federal Government and state governments to fully implement the 2026 renegotiated agreement, particularly provisions covering lecturers’ allowances, welfare and career progression.

The union said the agreement would only deliver meaningful benefits if its provisions translated into improved working conditions for academic staff in colleges of education.

National President of COEASU, Dr Ahmed Lawan Waziri, made the call on Wednesday during the union’s 2026 Teachers’ Day celebration at Ukeje Hall, the headquarters of the National Commission for Colleges of Education (NCCE) in Abuja.

“The value of an agreement is realised when its provisions improve the working lives of those it covers,” Waziri said.

He urged the relevant authorities to incorporate agreed allowances into lecturers’ monthly emoluments and implement the seven-rung academic career structure.

Waziri commended President Bola Tinubu, the Minister of Education, Dr Tunji Alausa, the Minister of State for Education, Prof. Suwaiba Ahmad, and other officials for their contributions to the renegotiation process and efforts to advance teacher education.

He also appealed to state governments and the management of state-owned colleges of education to give the agreement equal attention, noting that lecturers in state institutions played an important role in preparing teachers for the country.

The COEASU president reaffirmed the union’s commitment to constructive engagement with governments and institutional management to address challenges facing colleges of education while protecting academic standards.

He also called for adequate funding and resources to support the dual mandate policy, which allows eligible colleges of education to offer both the Nigeria Certificate in Education (NCE) and approved degree programmes.

The policy, he said, requires sufficient staffing, facilities and clear academic guidelines to ensure effective implementation.

Representing the Minister of Education at the event, NCCE Executive Secretary, Dr Angela Ajala, reaffirmed the Federal Government’s commitment to strengthening teacher education and improving teachers’ professional capacity.

Ajala said ongoing reforms were aimed at producing qualified and competent teachers capable of responding to changing educational needs.

She identified digital technology, artificial intelligence, inclusive education and emerging social challenges as factors reshaping classrooms, stressing the need for continuous professional development.

According to her, the government is pursuing teacher professionalisation initiatives, including an accelerated pathway towards professional certification and licensing for eligible non-professional teachers already working in the sector.

“The duty is clear. A teacher must never be left behind by the very changes he or she seeks to teach,” Ajala said.

She explained that the dual mandate policy was designed to expand access to quality teacher education by enabling eligible colleges to run NCE and approved degree programmes, subject to relevant accreditation requirements.

Ajala commended COEASU for its contributions to teacher education and urged the union to sustain constructive engagement, research and professional development.

She also highlighted scholarships awarded to outstanding NCE students from Nigeria’s six geopolitical zones, describing the initiative as an investment in the future of the teaching profession.

The beneficiaries were encouraged to uphold professional ethics, embrace innovation and maintain high academic and professional standards.

The event also featured the unveiling of the first edition of COEASU’s academic journal. Ajala said the publication could promote scholarly research, professional exchange and evidence-based education policies.

She urged the union to sustain the journal and develop it into a credible platform for research capable of informing reforms in teacher education.

Waziri congratulated the scholarship recipients and commended the lecturers, families and institutions that supported their academic achievements.

He said the scholarships reflected the union’s commitment to recognising and encouraging excellence among future teachers.

The COEASU president also announced service awards for individuals who had contributed to the development of the union and the education sector.

Those listed for Distinguished Service Awards included Dr Emmanuel Asagha, Hon. Justice Mohammed Suliamon Ambursa and Dr Gani Azeez, while Dr Ali Adamu was scheduled to receive the Lifetime Achievement Award.

Waziri urged teachers to remain committed to effective teaching, fair assessment, responsible scholarship and students’ welfare while continuing to advocate improved working conditions.

The celebration was held after the official World Teachers’ Day on October 5, under the theme, “Standing with Teachers: 60 Years of Protecting the Profession, Advancing Its Status and Shaping Our Futures.”

World Teachers’ Day recognises teachers’ contributions to education and draws attention to their professional status, working conditions and development. The 2026 observance marks 60 years since the adoption of the 1966 International Labour Organisation and United Nations Educational, Scientific and Cultural Organisation Recommendation concerning the Status of Teachers.

THE ISSUES

The full implementation of the renegotiated agreement remains central to COEASU’s demands for improved welfare and career development for lecturers in colleges of education.

The union’s position highlights the need for governments to translate negotiated commitments into practical benefits, including agreed allowances and a clearly defined academic career structure.

The dual mandate policy presents another implementation challenge. While it is intended to expand access to degree programmes in eligible colleges, its effectiveness depends on adequate funding, qualified personnel, facilities and compliance with accreditation requirements.

Teacher professionalisation and continuous training are also important as technology and changing classroom needs reshape education.

The union’s demands and the government’s stated reform priorities therefore place funding, staff welfare, professional development and institutional capacity at the centre of efforts to strengthen teacher education.

WHAT’S BEING SAID

“The value of an agreement is realised when its provisions improve the working lives of those it covers,” Dr Ahmed Lawan Waziri, National President of the Colleges of Education Academic Staff Union, said.

“The duty is clear. A teacher must never be left behind by the very changes he or she seeks to teach,” Dr Angela Ajala, Executive Secretary of the National Commission for Colleges of Education, said.

WHAT’S NEXT

COEASU is seeking action from federal and state governments to implement the renegotiated agreement, including the payment of agreed allowances and the adoption of the seven-rung academic career structure.

The implementation of the dual mandate policy will also require attention to funding, staffing, facilities and accreditation requirements.

Meanwhile, the government’s teacher professionalisation initiatives and the union’s academic journal are expected to support efforts to improve teachers’ skills, research and professional standards.

BOTTOM LINE

COEASU is calling for governments to turn the 2026 renegotiated agreement into tangible improvements in lecturers’ welfare and career progression. The union also wants adequate resources for the dual mandate policy, while teacher training, professional development and research remain important to strengthening colleges of education.

SON secures international recognition for Nigeria’s measurement standards

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -Nigeria has secured international recognition for its measurement standards through the signing of the Mutual Recognition Arrangement of the International Committee for Weights and Measures.
  • -The agreement is expected to improve acceptance of Nigerian calibration certificates, support cross-border trade and reduce reliance on foreign measurement services.
  • -Three laboratories at the National Metrology Institute have received accreditation for mass, temperature and pressure measurements.
  • -SON has certified 131 companies and 220 products under the African Quality Mark.
  • -The organisation has also secured approval for 217 Nigerian Industrial Standards and developed more than 80 standards for compressed natural gas.

MAIN STORY

Nigeria has secured international recognition for its measurement standards following the signing of the Mutual Recognition Arrangement of the International Committee for Weights and Measures (CIPM MRA) in France by the Director-General of the Standards Organisation of Nigeria (SON), Dr Ifeanyi Chukwunonso Okeke.

The agreement is expected to strengthen the international acceptance of Nigeria’s calibration and measurement certificates, facilitate cross-border trade and reduce local manufacturers’ dependence on foreign metrology services.

SON disclosed the development in a statement signed by its Director of Corporate Affairs, Mrs Ethan Talatu, on Wednesday. The organisation said Okeke signed the arrangement on behalf of Nigeria at the 28th meeting of the General Conference on Weights and Measures.

The milestone coincided with Okeke’s third anniversary in office and followed Nigeria’s admission as an Associate State of the International Bureau of Weights and Measures (BIPM) on June 4, 2026.

Okeke said the arrangement would enable Nigeria to demonstrate the equivalence of its measurement standards with those of other participating countries, allowing its calibration and measurement certificates to gain international recognition.

“The CIPM MRA provides a framework for national metrology institutes to demonstrate the equivalence of our measurement standards, enabling our calibration and measurement certificates to gain international recognition,” Okeke said.

“Its main outputs, internationally recognised Calibration and Measurement Capabilities, are published in the BIPM Key Comparison Database,” he added.

According to the SON director-general, the agreement is expected to improve international confidence in Nigeria’s measurement capabilities, strengthen the organisation’s technical authority and create opportunities for scientific collaboration and capacity building.

Local manufacturers and small businesses are also expected to benefit from improved access to product testing and certification services, potentially making it easier for Nigerian products to gain acceptance in foreign markets.

The development builds on the accreditation of three laboratories at Nigeria’s National Metrology Institute for mass, temperature and pressure measurements. The laboratories received accreditation to the ISO/IEC 17025:2017 standard through the Egyptian Accreditation Council.

SON said the recognition forms part of its wider efforts to strengthen Nigeria’s quality infrastructure and improve the competitiveness of locally manufactured goods.

As part of its digital transformation programme, the organisation has introduced the Digital Standards Platform, the electronic Mandatory Conformity Assessment Programme (e-MANCAP) and the Electronic Product Registration System.

It has also moved its SON Conformity Assessment Programme (SONCAP) and import permit processes to the National Single Window.

These reforms earned SON second place among federal ministries, departments and agencies in the 2024 Presidential Enabling Business Environment Council Transparency and Efficiency Report.

The organisation has further certified 131 companies and 220 products under the African Quality Mark, supporting local producers seeking access to continental markets through the African Continental Free Trade Area (AfCFTA).

Other initiatives include the Nigerian National Standardisation Strategy for 2024 to 2027 and the approval of 217 Nigerian Industrial Standards.

SON has also developed more than 80 standards for compressed natural gas, supporting the Federal Government’s efforts to expand gas-powered transportation.

The organisation said the international recognition of Nigeria’s measurement standards would complement these initiatives by strengthening confidence in Nigerian products, supporting industrial development and improving the country’s participation in global trade.

THE ISSUES

International recognition of measurement standards can help reduce technical barriers to trade by making it easier for businesses in different countries to accept one another’s calibration and measurement results.

For Nigerian manufacturers, the arrangement could reduce the need to rely on foreign measurement services, potentially lowering testing-related costs and easing access to export markets.

The development also highlights the importance of reliable testing laboratories and recognised quality standards in ensuring that locally manufactured products meet international requirements.

However, the expected benefits will depend on the effective implementation of the arrangement and the ability of Nigerian businesses to access accredited testing and certification services.

SON’s existing initiatives, including laboratory accreditation, digital certification systems and the development of national standards, form part of the infrastructure needed to support these objectives.

WHAT’S BEING SAID

“The CIPM MRA provides a framework for national metrology institutes to demonstrate the equivalence of our measurement standards, enabling our calibration and measurement certificates to gain international recognition,” Dr Ifeanyi Chukwunonso Okeke, Director-General of the Standards Organisation of Nigeria, said.

“Its main outputs, internationally recognised Calibration and Measurement Capabilities, are published in the BIPM Key Comparison Database,” Dr Ifeanyi Chukwunonso Okeke said.

WHAT’S NEXT

SON is expected to continue strengthening Nigeria’s measurement and quality infrastructure through laboratory accreditation, standards development and digital certification initiatives.

The international arrangement is expected to support the wider acceptance of Nigerian calibration certificates and facilitate trade, while further improvements in testing capacity and compliance will be important to manufacturers seeking access to overseas markets.

BOTTOM LINE

Nigeria’s international recognition under the CIPM MRA could make it easier for local manufacturers to demonstrate product quality and compete in foreign markets. The development also strengthens SON’s efforts to improve measurement standards, reduce dependence on foreign services and support industrial growth.

Dangote refinery records $4.73bn profit as revenue hits $22.5bn

By Emmanuella Opara | October 14th 2026

KEY POINTS

  • -Dangote Petroleum Refinery and Petrochemicals reported $22.5 billion in revenue and $4.73 billion in net profit for the nine months ended September 30, 2026.
  • -Revenue rose 144 per cent from $9.2 billion in the corresponding period of 2025.
  • -Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to $5.52 billion from $627.6 million.
  • -Operating cash flow climbed to $3.68 billion, while the company moved from a net debt position to net cash of $650.8 million.
  • -The refinery’s initial public offering (IPO), valued at approximately N2.15 trillion, has been extended to October 27, 2026.

MAIN STORY

Dangote Petroleum Refinery and Petrochemicals has reported a net profit of $4.73 billion on revenue of $22.5 billion for the nine months ended September 30, 2026, marking a turnaround from the loss recorded in the corresponding period of 2025.

The refinery’s unaudited financial results showed that revenue increased by 144 per cent from $9.2 billion a year earlier, while earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $5.52 billion from $627.6 million.

The company had recorded a loss of $117.2 million in the corresponding period of 2025. Its EBITDA margin also expanded to 24.56 per cent from 6.83 per cent, reflecting improved financial performance.

Operating cash flow rose more than tenfold to $3.68 billion from $364.7 million, while cash balances increased to $6.69 billion from $809.5 million.

The refinery also moved from a net debt position of $1.73 billion in September 2025 to a net cash position of $650.8 million by September 2026, indicating an improvement in its financial position.

Managing Director of Dangote Petroleum Refinery and Petrochemicals, David Bird, attributed the results to higher refining throughput, improved operational reliability and stronger refining margins.

“Our third-quarter performance demonstrates the successful transition from commissioning and ramp-up activities to sustainable commercial operations,” Bird said.

He added that the increase in revenue and EBITDA reflected improvements in the refinery’s commercial operations.

The results also showed continued growth during the third quarter of 2026. Revenue rose from $13.91 billion at the end of June to $22.48 billion by September, indicating third-quarter revenue of approximately $8.57 billion.

EBITDA increased from $2.60 billion at the half-year mark to $5.52 billion at the end of September, representing approximately $2.92 billion generated during the third quarter.

Net profit also rose from $1.82 billion at the end of June to $4.73 billion in September, an increase of about $2.90 billion over the three-month period.

Bird said the performance demonstrated the strength of the refinery’s integrated business model and would support its expansion plans.

“These results reflect the strength of our integrated business model and provide a solid foundation as we progress through our IPO and execute our Vision 2030 growth strategy,” he said.

He added that the company would focus on increasing refining capacity, expanding its product portfolio and strengthening distribution networks across African markets.

THE ISSUES

The financial results come as the refinery pursues an initial public offering aimed at expanding African participation in its ownership.

The Securities and Exchange Commission has approved an extension of the offer’s closing date from October 13 to October 27, 2026, to accommodate investor interest and encourage wider cross-border participation.

The IPO comprises 4.1 billion ordinary shares offered at N525 each, placing the value of the offer at approximately N2.15 trillion.

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, had disclosed that subscriptions had exceeded the company’s original fundraising target.

He said the objective was to broaden African ownership of the refinery rather than focus solely on raising additional capital.

The latest financial results provide investors with information on the refinery’s earnings, cash generation and financial position as the company seeks to attract a wider shareholder base.

The performance also comes as the Dangote Group advances its Vision 2030 expansion programme, which includes increasing refining capacity, expanding petrochemical production and strengthening distribution networks across Africa.

WHAT’S BEING SAID

“Our third-quarter performance demonstrates the successful transition from commissioning and ramp-up activities to sustainable commercial operations,” David Bird, Managing Director of Dangote Petroleum Refinery and Petrochemicals, said.

“These results reflect the strength of our integrated business model and provide a solid foundation as we progress through our IPO and execute our Vision 2030 growth strategy,” David Bird said.

WHAT’S NEXT

The refinery is expected to continue its IPO process following the extension of the offer’s closing date to October 27, 2026.

Its expansion plans include increasing refining capacity, broadening its product range and strengthening distribution across African markets.

The company’s ability to sustain its financial performance and execute these plans will be important as it seeks to expand its operations and attract more investors.

BOTTOM LINE

Dangote Refinery’s $4.73 billion net profit and $22.5 billion revenue mark a major improvement in its financial performance. Its stronger cash position and ongoing IPO could support its expansion ambitions, while the sustainability of its earnings will remain important to investors assessing the company’s long-term prospects.

INEC candidate list shows duplicate entries, low female representation in Edo

By Emmanuella Opara | October 13th 2026

KEY POINTS

  • -Two candidates appear under both the Allied Peoples Movement (APM) and the Peoples Democratic Party (PDP) in the final list for the 2027 Edo House of Assembly election.
  • -INEC’s Edo Public Relations Officer, Toyin Buoro, says the discrepancies have been referred to the commission’s headquarters for clarification.
  • -Men account for 148 of the 164 candidates listed, while women make up only 16.
  • -The Social Democratic Party (SDP) has the highest number of female candidates, with four, followed by the Action Democratic Party (ADP), with three.

MAIN STORY

The final list of candidates for the 2027 Edo State House of Assembly election contains duplicate entries for two candidates contesting under different political parties, while women account for less than 10 per cent of those listed.

An examination of the 164 entries published by the Independent National Electoral Commission (INEC) identified Ogbebor Samson Osemudiamen and Usman William Idenobe as candidates whose names appear under both the Allied Peoples Movement (APM) and the Peoples Democratic Party (PDP).

Osemudiamen is listed under the two parties for Esan North East II constituency, while Idenobe appears under both platforms in Etsako East.

The duplicated entries have left the status of the candidates’ nominations requiring clarification. It remains unclear from the published list whether the entries resulted from an error or another nomination-related circumstance.

INEC’s Public Relations Officer in Edo, Toyin Buoro, confirmed that the commission’s state office had noticed the discrepancies. She said the matter had been brought to the attention of the appropriate officials at the commission’s headquarters, with a response still being awaited.

“Our observation too, but that was what was sent from the headquarters and we have drawn the attention of the appropriate quarters to it, awaiting their reply,” she said.

The final list identifies candidates cleared to contest across Edo State’s 24 assembly constituencies, making the accuracy of the published entries relevant to the electoral process.

Beyond the duplicated names, the list also shows a considerable gap between male and female participation in the election.

Of the 164 candidates, 148 are men, representing 90.24 per cent, while 16 are women, accounting for 9.76 per cent. The figures amount to approximately nine male candidates for every female candidate.

The Social Democratic Party has the highest number of female candidates, with four, while the Action Democratic Party has three. The Labour Party has two women on the list.

The All Progressives Congress (APC), PDP, Nigeria Democratic Congress (NDC), African Action Congress (AAC), African Democratic Congress (ADC), Action Peoples Party (APP) and APM each have one female candidate.

Among the women contesting, APC candidate Maria Edeko, 63, is seeking a second term representing Esan North East II. The PDP’s Uyigue Efosa, 61, is contesting in Ovia North East I, while Natasha Osawaru, 32, is the NDC candidate for Egor, where she is also seeking a second term.

The SDP’s female candidates are Kemi Akerele in Akoko Edo I, Shirley Negbedion in Esan North East I, Imuetinyan Bright in Egor and Tracy Ogiemwanye in Ikpoba-Okha.

The ADP candidates are Bukky Ayetan in Egor, Osarenkhoe Erhunmwunse in Ikpoba-Okha and Patience Edobor in Orhionmwon I.

Although women are contesting across several political parties and constituencies, their overall share of the candidates remains below 10 per cent.

THE ISSUES

The duplicated names raise concerns about the accuracy of the final candidate list and the need for clarification on the affected nominations. INEC’s response will be important in establishing the status of the two candidates’ entries.

The gender figures also highlight the limited representation of women among those seeking seats in the Edo State legislature. With only 16 women among 164 candidates, female aspirants account for less than one-tenth of the total.

WHAT’S BEING SAID

“Our observation too, but that was what was sent from the headquarters and we have drawn the attention of the appropriate quarters to it, awaiting their reply,” Toyin Buoro, INEC’s Public Relations Officer in Edo, said.

WHAT’S NEXT

INEC’s state office is awaiting a response from the appropriate authorities at the commission’s headquarters regarding the duplicated entries.

BOTTOM LINE

The final list for the 2027 Edo State House of Assembly election contains duplicate entries for two candidates under the APM and PDP, while women account for just 9.76 per cent of the 164 candidates listed. Clarification from INEC headquarters is awaited on the duplicated names.

Oyedele urges investors to fund Nigeria’s agriculture, infrastructure

By Emmanuella Opara | October 13th 2026

KEY POINTS

  • -Finance Minister Taiwo Oyedele has called on investors to commit long-term capital to Nigeria’s food security and infrastructure sectors.
  • -He identified inadequate storage, processing, transportation and logistics facilities as challenges affecting agricultural production.
  • -The Federal Government says it will pursue predictable policies and work with development partners to share investment risks.
  • -World Bank Board Executive Director Zainab Ahmed called for practical steps to turn investment interest into bankable projects.

MAIN STORY

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has urged investors to commit long-term capital to agriculture and infrastructure, identifying both sectors as opportunities for investment and job creation.

Oyedele made the call on Tuesday at an investors’ forum in Bangkok, Thailand, focused on mobilising private capital for food security and infrastructure development.

He said attracting private investment would depend on the availability of viable projects, consistent government policies and effective mechanisms for sharing investment risks.

According to the minister, agricultural development cannot be separated from infrastructure provision, as farmers and agribusinesses require reliable electricity, transportation, storage, processing facilities and logistics networks to operate efficiently.

He noted that Africa holds about 60 per cent of the world’s remaining uncultivated arable land but continues to rely significantly on food imports.

Nigeria, he added, loses substantial quantities of agricultural produce because of inadequate storage, processing and transportation facilities.

Oyedele urged investors to consider opportunities across agricultural value chains and infrastructure projects, describing the challenges as areas where private capital could support economic development.

He said the Federal Government’s economic reforms were intended to improve market efficiency, strengthen investor confidence and promote sustainable growth.

“The Federal Government is committed to predictable policies, legal certainty and deeper domestic capital markets.

“The government will work with development partners, including the World Bank Group and its risk-mitigation institutions, to share investment risks.

“The government will not return to subsidies or deficit monetisation, our reforms are designed to support economic stability,” he said.

The minister also called for investment performance to be assessed through measurable outcomes, including completed transactions, commercialised farms, jobs created and food delivered.

Earlier, Zainab Ahmed, Executive Director representing Angola, Nigeria and South Africa on the World Bank Board, urged stakeholders to move beyond expressions of interest and develop projects capable of attracting financing.

Ahmed said the forum would provide an opportunity for governments, project sponsors and investors to establish priorities, clarify financing requirements and agree on actions with defined timelines.

She said the World Bank Group was prepared to support investments through policy engagement, project preparation, advisory services, guarantees and other financing instruments.

Ahmed also stressed the need to ensure that local businesses, farmers, women and young people benefited from the opportunities created by the investments.

“Local businesses, farmers, women and young people must participate meaningfully in opportunities created by the investments,” she said.

THE ISSUES

Nigeria’s agricultural potential is constrained by infrastructure gaps that affect the movement, preservation and processing of produce. Limited storage and transportation facilities contribute to losses, while unreliable energy and logistics can increase operating costs for agricultural businesses.

Oyedele’s appeal centres on attracting private capital to address these constraints. However, investment decisions will depend on the availability of viable projects, policy consistency and arrangements that help investors manage risks.

The emphasis on measurable results also points to the need to assess investment initiatives by their practical outcomes, including job creation, farm commercialisation and food supply.

WHAT’S BEING SAID

“The Federal Government is committed to predictable policies, legal certainty and deeper domestic capital markets,” Oyedele said.

“The government will work with development partners, including the World Bank Group and its risk-mitigation institutions, to share investment risks,” he added.

“The government will not return to subsidies or deficit monetisation, our reforms are designed to support economic stability,” he said.

“Local businesses, farmers, women and young people must participate meaningfully in opportunities created by the investments,” Ahmed said.

WHAT’S NEXT

The forum is expected to help governments, project sponsors and investors identify priority projects, clarify financing needs and agree on time-bound actions. The World Bank Group has indicated its readiness to provide project preparation, advisory support, guarantees and other financing instruments.

BOTTOM LINE

Oyedele is seeking long-term private investment to strengthen Nigeria’s agriculture and infrastructure sectors, with the government pledging policy consistency and cooperation with development partners to manage investment risks. The focus is on converting investment interest into viable projects that improve food security, create jobs and reduce agricultural losses.

TCN schedules repairs after fault, cuts power to parts of Abuja

By Emmanuella Opara | October 13th, 2026

KEY POINTS

  • -A fault on the Apo-Karu 132kV transmission line disrupted electricity supply to the Karu substation on Monday evening.
  • -TCN engineers identified a cut jumper on the yellow phase at Tower T2 during an inspection.
  • -Maintenance crews are scheduled to carry out urgent repairs on Tuesday to restore the line.
  • -Affected areas include Karu, Nyanya, Kugbo, Jikwoyi, Kurudu, Orozo, Karshi and Mararaba.
  • -TCN has apologised to electricity consumers affected by the outage.

MAIN STORY

The Transmission Company of Nigeria (TCN) has announced a power outage affecting several communities in the Federal Capital Territory and neighbouring areas following a fault on the Apo-Karu 132-kilovolt transmission line.

The company said the line tripped at 5:31 p.m. on Monday, October 12, resulting in a loss of electricity supply to the Karu substation.

In a statement issued in Abuja on Tuesday, October 13, TCN said its engineers discovered a cut jumper on the yellow phase at Tower T2 after physically inspecting the transmission line.

The company said its maintenance team was scheduled to undertake urgent repairs on Tuesday as part of efforts to restore the affected line to service.

The outage has prevented the Abuja Electricity Distribution Company (AEDC) from supplying electricity to customers in several locations served by the Karu substation.

Areas affected include Karu, Nyanya, Kugbo, Jikwoyi, Kurudu, Orozo, Karshi and Mararaba, as well as adjoining communities.

TCN apologised to electricity consumers for the inconvenience caused by the disruption.

The company did not specify an exact time for the restoration of electricity supply in the affected areas.

THE ISSUES

The outage highlights the immediate impact that faults on transmission infrastructure can have on electricity distribution and supply to households and businesses.

The Apo-Karu transmission line serves the Karu substation, and the fault disrupted power supply through the facility. With AEDC unable to supply electricity to the listed communities, residents and businesses in the affected areas may experience interruptions to their daily activities until the line is restored.

The discovery of a cut jumper at Tower T2 provides a specific indication of the fault identified by TCN’s engineers. The scheduled maintenance work is therefore central to restoring the affected transmission line and enabling electricity distribution to resume.

However, the company has not provided a definite restoration time, leaving consumers without a confirmed timeline for the return of electricity.

WHAT’S NEXT

TCN’s maintenance crew is expected to carry out urgent repairs on the Apo-Karu transmission line on Tuesday.

The restoration of the line is expected to enable electricity supply to the Karu substation to resume, allowing AEDC to restore service to affected customers, subject to the completion of repairs and the resumption of normal operations.

Consumers in the affected communities will have to await updates on the progress of the maintenance work and the restoration of electricity.

BOTTOM LINE

A fault on the Apo-Karu 132kV transmission line has disrupted electricity supply to several communities served by the Karu substation. TCN has identified a cut jumper at Tower T2 and scheduled urgent repairs for Tuesday, but an exact time for the restoration of power has not been announced.

APGA endorses Soludo’s role in Tinubu’s 2027 campaign

By Emmanuella Opara | October 13th, 2026

KEY POINTS

  • -The All Progressives Grand Alliance (APGA) has congratulated Anambra Governor Chukwuma Soludo on his appointment as the state coordinator of President Bola Tinubu’s 2027 presidential campaign council.
  • -The party described the appointment as recognition of Soludo’s leadership and commitment to progressive ideals.
  • -APGA said it had adopted Tinubu as its consensus presidential candidate for the 2027 general elections.
  • -The party confirmed that it would not field a presidential candidate but would contest legislative seats in Anambra.
  • -APGA expressed confidence in Soludo’s ability to mobilise support for Tinubu across the South-East.

MAIN STORY

The All Progressives Grand Alliance (APGA) has welcomed the appointment of Anambra State Governor Chukwuma Soludo as the state coordinator of President Bola Tinubu’s 2027 presidential campaign council, reaffirming its support for the President’s re-election bid.

The party’s National Publicity Secretary, Dr Ejimofor Opara, announced the party’s position in a statement issued in Awka on Tuesday, October 13.

Opara described Soludo’s appointment as recognition of his leadership and commitment to progressive ideals, adding that it aligned with APGA’s position on strategic cooperation between the party and the Federal Government.

He said the partnership was intended to advance the interests of Anambra State and the wider South-East region.

According to Opara, APGA had formally adopted Tinubu as its consensus presidential candidate for the 2027 general elections at a meeting of its National Executive Committee and during the President’s working visit to Anambra on May 8.

“In line with this resolution, APGA did not field a presidential candidate for the 2027 elections,” he said.

The party also linked its support for Tinubu to Soludo’s political philosophy, particularly his mantra, “Progressives are Working Together”, which Opara said reflected APGA’s ideological alignment with the progressive movement at the national level.

He maintained that cooperation between the party and the Federal Government had benefited Anambra through collaboration on critical infrastructure and economic development.

Opara further clarified APGA’s electoral strategy for the 2027 elections, stating that the party would support Tinubu in the presidential contest while seeking electoral victories in legislative races across Anambra State.

“In Anambra, it is Tinubu for President, APGA for Senate, House of Representatives and State House of Assembly,” he said.

The party expressed confidence that Soludo’s organisational capacity and acceptance across the South-East would help mobilise support for Tinubu’s Renewed Hope Agenda.

Opara described the governor’s appointment as an opportunity to strengthen relations between APGA and the Federal Government, with the party maintaining that strategic cooperation would serve the interests of Anambra and the region.

THE ISSUES

APGA’s endorsement of Tinubu establishes the party’s stated position ahead of the 2027 presidential election. By adopting him as its consensus candidate, the party has indicated that it will not present a separate presidential candidate in the election.

At the same time, APGA intends to maintain its political presence through legislative contests in Anambra State. Its position is that support for Tinubu at the presidential level will coexist with the party’s efforts to retain or win seats in the Senate, House of Representatives and State House of Assembly.

Soludo’s appointment as the state coordinator of Tinubu’s campaign council also places the Anambra governor in a role focused on mobilising support for the President’s re-election campaign within the state.

APGA has presented the relationship with the Federal Government as a strategic partnership linked to infrastructure and economic development. However, the party’s claims about the benefits of that cooperation are its own assessment.

The extent to which the arrangement translates into electoral support for Tinubu and further cooperation between the Federal Government and Anambra State will become clearer as political activities ahead of the 2027 elections progress.

WHAT’S BEING SAID

Opara said APGA had decided not to field a presidential candidate, stating: “In line with this resolution, APGA did not field a presidential candidate for the 2027 elections.”

On the party’s electoral strategy in Anambra, he said: “In Anambra, it is Tinubu for President, APGA for Senate, House of Representatives and State House of Assembly.”

The party’s national publicity secretary also cited Soludo’s mantra, “Progressives are Working Together,” as a reflection of APGA’s ideological alignment with the progressive movement at the national level.

WHAT’S NEXT

Soludo is expected to undertake his responsibilities as the state coordinator of Tinubu’s 2027 presidential campaign council, with APGA expressing confidence in his ability to mobilise support for the President.

The party is also expected to pursue its stated plan to support Tinubu in the presidential election while fielding candidates for legislative positions in Anambra State.

As the 2027 general elections approach, the implementation of this strategy and the level of support generated for the President’s campaign in the South-East will be important developments to follow.

BOTTOM LINE

APGA has congratulated Soludo on his appointment as Tinubu’s 2027 campaign coordinator in Anambra and reaffirmed its endorsement of the President as its consensus candidate. The party plans to support Tinubu in the presidential election while contesting legislative seats in the state.

449 Candidates set to contest for 40 Kano Assembly seats in 2027

By Emmanuella Opara | October 13th, 2026

KEY POINTS

  • -INEC has released the list of 449 candidates contesting for 40 seats in the Kano State House of Assembly in the 2027 general elections..
  • -The Speaker of the Assembly, Ismail Falgore-Jibril, is seeking re-election to represent Rogo constituency on the platform of the All Progressives Congress (APC).
  • -The candidates are drawn from 19 political parties.
  • -Only 13 of the 449 candidates are women, while the remaining 436 are men.
  • -INEC’s final list contains candidates’ names, political parties, ages, gender and educational qualifications.

MAIN STORY

A total of 449 candidates have been listed to contest the 40 seats in the Kano State House of Assembly in the 2027 general elections, with the incumbent Speaker, Ismail Falgore-Jibril, among those seeking re-election.

Falgore-Jibril, who represents Rogo constituency, is contesting under the platform of the All Progressives Congress (APC), according to the final list released by the Independent National Electoral Commission (INEC).

The list, signed by INEC Secretary Rose Oriaran-Anthony, was published at the commission’s office in Kano on Monday, October 12.

The candidates are drawn from 19 political parties, reflecting the range of political platforms represented in the contest for seats in the state legislature.

The parties include Accord, Action Alliance, African Action Congress, African Democratic Congress, Action Democratic Party and the APC.

Others are the All Progressives Grand Alliance, Allied Peoples Movement, Action Peoples Party, Democratic Leadership Alliance, Labour Party and National Democratic Congress.

The remaining parties are the New Nigeria Peoples Party, National Rescue Movement, Peoples Democratic Party, Peoples Redemption Party, Social Democratic Party, Young Progressives Party and Zenith Labour Party.

Despite the number of candidates seeking legislative positions, women account for only 13 of those listed, while men make up the remaining 436.

The female candidates are contesting in constituencies including Bebeji, Gwale, Kano Municipal, Karaye, Kiru, Kumbotso, Munjibir, Fagge, Sumaila, Tsanyawa/Kunchi, Ungogo and Warawa.

Among the women on the list, Abasiyya Yahaya is contesting in Bebeji under Accord, while Khadija Lawan-Ahmed is standing for the African Action Congress in Gwale.

Saudat Ibrahim is contesting under the Allied Peoples Movement in Kano Municipal, while Sha’awanatu Yusuf is listed under Accord in Karaye. Zainab Umar is contesting in Kumbotso under Action Alliance.

Karimatu Yahaya is standing under Accord in Munjibir, while Talatu Ishaya is contesting under the Allied Peoples Movement in Fagge. Hasina Muhammad is also listed under Accord in Sumaila.

In Tsanyawa/Kunchi, Aisha Lawan is contesting under the APC. Na’ima Yahaya is standing under the African Democratic Congress in Ungogo, where Ramlatu Yahaya of the Peoples Democratic Party and Aishatu Adamu-Garba of the Peoples Redemption Party are also listed.

Amina Yahaya is contesting under Accord in Warawa constituency.

The INEC list provides details of the candidates, including their names, political affiliations, ages, gender and educational qualifications.

The published figures establish the number of candidates competing for the state assembly seats ahead of the 2027 elections, with Falgore-Jibril among the incumbents seeking another term.

THE ISSUES

The 449 candidates listed for 40 seats illustrate the level of competition for legislative positions in Kano State ahead of the 2027 elections. With candidates drawn from 19 political parties, voters will have multiple party options in the contest for representation in the state assembly.

The number of women on the list is another notable feature of the contest. Only 13 candidates are female, compared with 436 males, meaning women account for about 2.9 per cent of all candidates listed.

The figures highlight the difference between male and female participation among those seeking seats in the Kano legislature. However, the list alone does not establish the reasons for the disparity or indicate the eventual election outcomes.

The participation of the incumbent Speaker also places the contest for Rogo constituency among the races to watch, as Falgore-Jibril seeks another term under the APC.

WHAT’S NEXT

The listed candidates will proceed towards the 2027 general elections, when voters in Kano State will elect representatives to the 40-seat House of Assembly.

The published INEC list provides information on the candidates and their political affiliations ahead of the polls. The election will determine which candidates secure legislative seats and the composition of the next state assembly.

BOTTOM LINE

INEC has listed 449 candidates from 19 political parties to contest the 40 seats in the Kano State House of Assembly in 2027. The list includes Speaker Ismail Falgore-Jibril, who is seeking re-election under the APC, while women account for just 13 of the candidates.

Nigerian stock market sheds ₦144bn as 21 stocks decline

NGX Records N256bn Loss Last Week

KEY POINTS

  • Market capitalisation fell by ₦144 billion to ₦160.708 trillion as the All-Share Index declined by 0.09 per cent.
  • Etranzact led the gainers with a 9.96 per cent increase, while Legend Internet topped the losers with a 6.85 per cent decline.
  • Trading volume dropped by 2.76 per cent to 394.20 million shares, although market breadth remained positive.

MAIN STORY

The Nigerian stock market shed ₦144 billion on Tuesday as declines in 21 equities dragged the All-Share Index (ASI) down by 0.09 per cent, despite more stocks closing higher than lower.

Market capitalisation fell to ₦160.708 trillion from ₦160.852 trillion recorded on Monday, representing a loss of ₦144 billion.

The ASI, which measures the overall performance of equities listed on the Nigerian Exchange, declined by 222.61 points to close at 247,513.63, compared with 247,736.24 in the previous session.

The decline reduced the market’s year-to-date return to 59.06 per cent.

Despite the overall loss, market breadth remained positive, with 24 equities gaining against 21 losers.

Etranzact led the gainers, appreciating by 9.96 per cent to close at ₦14.35 per share. WAPIC followed with a 7.83 per cent increase to ₦2.48, while Daar Communications gained 7.25 per cent to close at ₦1.48 per share.

Livestock Feeds rose by 6.92 per cent to ₦15.45, while Chams advanced by 5.88 per cent to ₦3.60 per share.

On the losing side, Legend Internet recorded the steepest decline, shedding 6.85 per cent to close at ₦3.40 per share.

Omatek Ventures fell by 6.43 per cent to ₦1.31, while Secure Electronic Technology declined by 5.71 per cent to 66 kobo per share.

Mutual Benefits Assurance lost 5.49 per cent to close at ₦3.10, while AIICO Insurance dropped by 4.39 per cent to ₦3.92 per share.

Trading activity also weakened during the session. Total volume declined by 2.76 per cent to 394.20 million shares, valued at ₦21.38 billion across 38,707 deals.

Access Corporation led trading by volume, with 57.02 million shares exchanged, accounting for 14.46 per cent of the total volume traded.

GTCO recorded the highest transaction value at ₦3.13 billion, representing 14.63 per cent of the day’s total traded value.

THE ISSUES

The market’s decline shows that gains in a larger number of equities did not translate into an overall increase in market value. The direction of the benchmark index depends on the combined price movements of listed stocks, with larger companies potentially exerting greater influence on its performance.

The fall in trading volume also indicates that fewer shares changed hands compared with the previous session, although the figures alone do not establish whether investors were becoming more cautious or simply adjusting their portfolios.

For investors, the positive year-to-date return of 59.06 per cent provides broader context for Tuesday’s decline. However, daily market movements and individual stock performance remain important when assessing portfolio exposure and investment decisions.

WHAT’S NEXT

Investors will monitor subsequent trading sessions for signs of whether the decline in the benchmark index continues, whether trading activity strengthens and how individual equities perform.

The direction of market capitalisation and the balance between advancing and declining stocks will also help show whether the latest session represents a brief setback or a more sustained change in market momentum.

BOTTOM LINE

The Nigerian stock market lost ₦144 billion on Tuesday, with the ASI falling by 0.09 per cent even as gainers outnumbered losers. Trading activity weakened, while the market retained a year-to-date return of 59.06 per cent.