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Lagos State Government intensifies student safety and climate awareness

By
Kehinde Victor
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Key Points

  • The Lagos State Government is conducting sensitization programs across public secondary schools focusing on climate change and road safety.
  • Senior Special Assistant Opeyemi Eniola confirmed that these initiatives are designed to equip teachers and students with practical knowledge for healthier communities.
  • The Ministry of Transportation is emphasizing responsible road usage, obedience to traffic signs, and the protection of road infrastructure.
  • Environmental experts highlighted that human activities like industrial production and deforestation are driving flooding and heatwaves in Lagos.
  • Education officials expect students to reinforce safety and sustainability messages during daily school assemblies.

Main Story

The Lagos State Government has reaffirmed its dedication to student wellbeing through a specialized sensitization program held in Alausa, Ikeja.

Senior Special Assistant to the Governor on Basic and Secondary Education, Opeyemi Eniola, stated that the initiative is part of a continuous effort to foster safer and more sustainable school environments.

By training both educators and learners, the government aims to ensure that practical safety knowledge is passed down through school districts and reinforced during morning assemblies.

During the event, the Ministry of Transportation addressed the critical issue of road safety, noting that the road belongs to motorists, pedestrians, and cyclists alike.

Officials expressed concern over the vandalism of road infrastructure, which compromises public safety, and announced that technology is being deployed to better protect all road users.

Simultaneously, environmental facilitators warned that climate change is already impacting daily life in Lagos through ecological imbalances and health risks, urging students to adopt wiser resource management today to protect future opportunities.

The Issues

  • Climate change is causing immediate problems such as extreme heatwaves and food shortages across communities.
  • The destruction of public road assets remains a major concern that affects the safety of the general public.
  • Human activities continue to place unsustainable pressure on the environment, worsening global climate challenges.
  • There is an urgent need to bridge the gap between government safety policies and the daily behavior of students and teachers.

What’s Being Said

  • “This will be a continuous programme,”. — Opeyemi Eniola
  • “We expect participants to return to their schools and reinforce today’s climate and road safety messages during assemblies,”. — Opeyemi Eniola
  • “The road belongs to every user, including motorists, pedestrians and cyclists. Everyone must obey traffic signs, use designated facilities properly and support government efforts towards safer roads,”. — Olasukanmi Ojowuro

What’s Next

  • Schools across Lagos will begin integrating road safety and climate messages into their daily assemblies.
  • The Ministry of Transportation will proceed with deploying new technology to monitor and protect road infrastructure.
  • Teachers are expected to act as long-term mentors for learners regarding climate-friendly and responsible behaviors.
  • The sensitization initiative will continue to rotate through various school districts to ensure total coverage.

Bottom Line

Lagos is integrating road safety and environmental sustainability into the secondary school curriculum to protect students from traffic accidents and the worsening effects of climate change.

Obi, Kwankwaso defection triggers political realignment as lawmakers abandon ADC

Obi, Kwankwaso defection triggers political realignment as lawmakers abandon ADC

By
Ibe Wada
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Key points

  • Peter Obi and Rabiu Kwankwaso exit African Democratic Congress, sparking mass defections
  • 18 National Assembly members join National Democratic Congress within 48 hours
  • Opposition dynamics shift ahead of 2027 elections amid coalition talks

Main story

Nigeria’s opposition landscape is undergoing a significant shake-up following the defection of two prominent political figures, Peter Obi and Rabiu Kwankwaso, from the African Democratic Congress (ADC), a move that has triggered a wave of defections across the National Assembly.

Within 48 hours of their exit, no fewer than 17 members of the House of Representatives and one senator defected to the National Democratic Congress (NDC), consolidating the party’s growing influence ahead of the 2027 general elections.

The momentum had earlier been signalled by the defection of former Bayelsa State Governor, Seriake Dickson, from the Peoples Democratic Party (PDP) to the NDC, further strengthening the party’s legislative presence.

The latest defectors, drawn from states including Kano, Anambra, Lagos, Edo, Rivers and Kogi, cited unresolved internal crises within the ADC as the primary reason for their departure, pointing to instability from the ward to the national level.

The development comes amid ongoing efforts by opposition parties to form a united front against President Bola Tinubu in the 2027 elections, signalling a broader realignment of political forces.

The issues

The wave of defections underscores deep-rooted challenges within Nigeria’s opposition parties, including leadership disputes, internal fragmentation, and weak institutional structures.

Frequent party switching by politicians also highlights the absence of ideological consistency, raising concerns about political stability and voter confidence ahead of the next general elections.

What’s being said

Lawmakers who defected attributed their decision to persistent leadership crises and unresolved litigation within the ADC, describing the situation as untenable.

Senate President Godswill Akpabio openly criticised the ADC during plenary, declaring the party “dead” amid the growing exodus.

Meanwhile, ADC officials dismissed the defections, insisting the party’s strength lies in its core structures and values rather than individual political figures.

What’s next

The NDC is expected to continue attracting political heavyweights and lawmakers as opposition realignments intensify ahead of 2027.

Political parties are likely to accelerate coalition negotiations, candidate selection strategies, and grassroots mobilisation in preparation for the elections.

At the same time, internal restructuring efforts within the ADC and PDP may determine their ability to remain competitive in the evolving political landscape.

Bottom line

The defection of Obi and Kwankwaso has triggered a major political realignment, reshaping opposition dynamics and setting the stage for a fiercely contested 2027 election cycle, where party cohesion and strategic alliances will be critical to electoral success.

Nigeria reaffirms commitment to regional security at Lake Chad defence Ministers’ meeting

UBA, MTN MoMo, and RedTech launch cardless payment solution

By
Kehinde Victor
-

Key Points

  • The United Bank for Africa (UBA), MTN Mobile Money (MoMo), and RedTech have introduced a cardless payment solution to enhance financial inclusion.
  • The system allows transactions to be conducted without physical debit cards or internet-enabled devices.
  • Users can access services such as withdrawals, transfers, and bill payments using basic mobile phones and Smart Payment System (SPS) terminals.
  • The initiative leverages a network of over 100,000 touchpoints across the country to reach underserved and unbanked populations.
  • The partnership aims to reduce the need for rural residents to travel long distances to physical bank branches.

Main Story

In a strategic move to bridge the gap in digital financial access, UBA, MTN MoMo, and the fintech firm RedTech have signed a Memorandum of Understanding to deploy an offline-capable payment system.

This collaboration targets the millions of Nigerians who lack smartphones or stable data connections, allowing them to utilize MoMo wallets at SPS-enabled terminals.

By integrating global fintech capabilities with extensive local ecosystems, the partners aim to simplify the payment experience across Africa and other emerging markets.

UBA and MTN MoMo highlighted that the solution is designed to operate beyond traditional banking channels, utilizing a massive agent network to reach remote communities.

The initiative is described as a historic convergence of telecommunications and banking infrastructure, ensuring that financial services are accessible regardless of a user’s location or device type.

This system effectively unlocks access to a broader range of financial services for those previously excluded from the digital economy.

The Issues

  • Large segments of the population remain “underserved and unbanked” due to a lack of digital infrastructure.
  • Residents in “rural areas” often face long-distance travel to access traditional bank branches.
  • Traditional digital banking often relies on “card or data service,” which many potential users do not possess.
  • Previous efforts to expand inclusion have sometimes struggled due to a lack of “historic convergence” between banks and telcos.

What’s Being Said

  • “This collaboration brings together global fintech capabilities and strong local ecosystems to expand access to financial services.” — Emmanuel Ojo, CEO of RedTech
  • “We are extending our ecosystem to ensure that anyone with a MoMo wallet can walk up to a terminal and carry out transactions seamlessly.” — Omolara Michael-Nwandu, Acting CEO of MTN MoMo
  • “This is about simplifying payments and making financial services accessible to everyone, regardless of location or device.” — Kayode Olubuyi, Group Head of Digital Marketing, UBA
  • The initiative is a “historic convergence” of key players working to transform payment experiences.

What’s Next

  • The partners will continue to leverage “agent networks” to deepen reach into remote communities.
  • Increased rollout of “SPS-enabled devices” across the 100,000 planned touchpoints.
  • Stakeholders will track how effectively the solution bridges the gap for the “unbanked populations”.
  • RedTech plans to use this model to “transform payment experiences across Africa” and other markets.

Bottom Line

UBA, MTN MoMo, and RedTech are bypassing the need for cards and internet data by using a 100,000-point terminal network to bring essential banking services to basic phone users in rural Nigeria.

NAFDAC unveils seven-year scorecard, strengthens continental drug regulation with AMA treaty

Nigeria reaffirms commitment to regional security at Lake Chad defence Ministers’ meeting

By
Ibe Wada
-

Key points

  • Defence Minister reiterates Nigeria’s commitment to joint security operations in Lake Chad Basin
  • Regional leaders review counter-terrorism efforts under MNJTF framework
  • Funding gaps and evolving threats dominate high-level security talks

Main story

Nigeria has reaffirmed its commitment to strengthening regional security cooperation as part of ongoing efforts to combat terrorism and stabilise the Lake Chad Basin.

Minister of Defence, Christopher Gwabin Musa, made this known during an official visit to N’Djamena, where he participated in a high-level meeting of Defence Ministers from Troop Contributing Countries (TCCs) of the Multinational Joint Task Force (MNJTF), operating under the Lake Chad Basin Commission (LCBC).

In a statement issued by the Ministry of Defence, Musa underscored the importance of sustained collaboration among member states to dismantle terrorist networks and address cross-border security threats.

He commended the government of Chad for hosting the meeting and acknowledged its leadership role in advancing regional peace initiatives within the MNJTF framework.

The meeting brought together defence ministers and senior security officials from Nigeria, Cameroon, Benin and Chad, alongside top military commanders and intelligence chiefs, to review ongoing operations and strengthen collective responses to insecurity.

The issues

The Lake Chad Basin continues to face persistent threats from terrorist groups, cross-border insurgency, and organised crime. Despite years of joint military operations, challenges such as inadequate funding, coordination gaps, and shifting tactics by insurgents have slowed progress in fully stabilising the region.

The complexity of the security landscape also underscores the need for sustained multinational cooperation and intelligence sharing.

What’s being said

Musa emphasised that collective security remains the most effective strategy for addressing regional threats, calling for deeper collaboration among member states.

Participants at the meeting reviewed operational reports from Chiefs of Defence Staff and intelligence agencies, highlighting both achievements and emerging risks within the MNJTF operations.

They also acknowledged the role of political leadership in supporting military efforts and sustaining regional stability.

What’s next

Member countries are expected to strengthen joint operations through improved intelligence sharing, coordinated troop deployment, and renewed commitment to funding the MNJTF.

Further high-level engagements and policy alignments are anticipated to address operational gaps and adapt to evolving security threats in the region.

Bottom line

Nigeria’s renewed commitment to regional security cooperation underscores the critical role of collective action in tackling terrorism in the Lake Chad Basin, but sustained funding, coordination, and political will remain essential to achieving lasting stability.

NAFDAC unveils seven-year scorecard, strengthens continental drug regulation with AMA treaty

NAFDAC unveils seven-year scorecard, strengthens continental drug regulation with AMA treaty

By
Ibe Wada
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Director General, NAFDAC, Prof. Mojisola Christianah Adeyeye

Key points

  • NAFDAC highlights regulatory reforms and improved compliance over seven years
  • Nigeria signs treaty with African Medicines Agency to tackle fake drugs
  • DG urges public vigilance against unregistered medicines and open-market sales

Main story

The National Agency for Food and Drug Administration and Control (NAFDAC) has presented its seven-year performance scorecard, outlining significant reforms in food and drug regulation while announcing Nigeria’s formal alignment with the African Medicines Agency (AMA) to strengthen pharmaceutical oversight across Africa.

Director-General of NAFDAC, Mojisola Adeyeye, disclosed this on Tuesday at an event themed “Safeguarding the Nation’s Health, Empowering Progress,” where she detailed the agency’s transformation efforts since assuming office in November 2017.

Adeyeye described the treaty with AMA as a major milestone in the fight against substandard and falsified medicines, noting that the collaboration would enhance regulatory harmonisation and strengthen cross-border control systems within the continent.

According to her, the partnership would enable African countries to leverage shared manufacturing capacity, improve access to quality medicines, and align with international regulatory standards.

She stressed that the agency’s reforms had begun to yield results, particularly in improving compliance among manufacturers, with high-risk operators transitioning towards lower-risk categories under stricter regulatory supervision.

The NAFDAC boss also issued a strong advisory to Nigerians to avoid purchasing medicines from unapproved vendors, urging the public to patronise registered pharmacies and demand receipts as part of efforts to curb the circulation of fake drugs.

The issues

Nigeria and other African countries continue to grapple with the proliferation of substandard and falsified medicines, weak regulatory enforcement in informal markets, and limited cross-border coordination. These challenges pose significant risks to public health and undermine trust in healthcare systems.

Additionally, fragmented regulatory frameworks across African countries have historically hindered effective pharmaceutical oversight and slowed progress toward achieving drug safety standards.

What’s being said

Adeyeye emphasised that public cooperation is critical to sustaining regulatory gains, warning that unregistered drug vendors remain a major channel for counterfeit medicines.

She noted that manufacturers are becoming more compliant due to increased monitoring and enforcement, while reiterating that reforms in the sector are gradual but impactful.

Director-General of AMA, Mimi Darko, described Nigeria’s participation as a strategic boost to the agency’s mandate, highlighting the country’s influence in strengthening continental health governance.

What’s next

NAFDAC is expected to deepen enforcement against illegal drug markets while expanding public awareness campaigns on safe medicine use. The AMA treaty will likely drive greater collaboration among African regulators, including joint inspections, harmonised standards, and shared pharmaceutical resources.

In the medium term, stakeholders anticipate improved access to quality medicines, increased local manufacturing partnerships, and stronger regulatory integration across Africa.

Bottom line

NAFDAC’s seven-year reform drive, combined with Nigeria’s entry into the African Medicines Agency framework, signals a strategic shift toward stronger drug regulation and continental cooperation—key steps in tackling counterfeit medicines and safeguarding public health.

AIICO Insurance reports 14% growth in gross written premium for Q1 2026

AIICO Insurance reports 14% growth in gross written premium for Q1 2026

By
Kehinde Victor
-

Key Points

  • AIICO Insurance Plc recorded a gross written premium of ₦62.58 billion for the period ending March 31, 2026, marking a 14% increase from ₦54.81 billion in 2025.
  • Insurance revenue grew by 12%, rising from ₦32.81 billion to ₦36.67 billion.
  • Net investment income before fair value changes saw a significant 46% jump to ₦18.81 billion.
  • Profit before tax increased by 13% to ₦5.85 billion, while total profit for the period rose 12% to ₦5.22 billion.
  • Total assets expanded by 12% to ₦652.77 billion as of March 31, 2026.

Main Story

AIICO Insurance Plc has demonstrated strong financial resilience in its unaudited results for the first quarter of 2026, released via the Nigerian Exchange Ltd.

The company’s gross written premium climbed to ₦62.58 billion, driven by a 12% rise in overall insurance revenue.

Despite a 24% surge in insurance service expenses, which reached ₦24.64 billion and slightly dampened the service results from issued contracts, the firm maintained a marginal growth in its total insurance service result.

The quarter was characterized by exceptional investment performance, with net fair value gains on financial assets reaching ₦9.77 billion—a sharp turnaround from the marginal loss recorded in the same period last year.

This investment strength bolstered the company’s bottom line, leading to an improved earnings per share of 14k. With total equity now standing at ₦104.27 billion, the insurer appears well-positioned to navigate the evolving fiscal landscape.

The Issues

  • Insurance service expenses climbed 24% to ₦24.64 billion, putting pressure on service margins.
  • The result from insurance contracts issued fell by 6% to ₦12.03 billion due to the increase in expenses.
  • While overall profit was strong, the insurance service result itself grew by only 3%.

What’s Next

  • The company will likely focus on managing its “insurance service expenses” to protect its margins from further declines in contract results.
  • Analysts will monitor whether the “strong investment performance” can be sustained throughout 2026 to offset operational costs.
  • Further growth in “total assets” is expected as the firm leverages its increased shareholders’ funds for market expansion.

Bottom Line

AIICO Insurance successfully leveraged a 46% increase in investment income and ₦9.77 billion in fair value gains to overcome rising service expenses and post a 12% increase in total profit for the first quarter of 2026.

NUPRC allocates 61.9 million barrels of crude to local refineries in Q1 2026

ECOWAS Parliament orders probe into terror attacks and xenophobia

By
Kehinde Victor
-

Key Points

  • The ECOWAS Parliament has launched an investigation into escalating terror attacks in West Africa and xenophobic violence in South Africa.
  • The Committee on Political Affairs is specifically tasked with investigating incidents in Mali and Burkina Faso, alongside attacks targeting ECOWAS citizens in South Africa.
  • Recent atrocities cited include the execution of 18 Ghanaian traders in Burkina Faso and an attack in Mali that killed the country’s Defence Minister.
  • Lawmakers highlighted the failure to uphold the 1979 Free Movement Protocol, noting that citizens continue to face harassment and safety risks at borders.
  • The Parliament intends to send formal communications to South Africa’s parliament and the African Commission on Human and Peoples’ Rights.

Main Story

During the First 2026 Ordinary Session in Abuja, the ECOWAS Parliament moved to address a dual crisis threatening the safety and economic livelihoods of regional citizens.

The decision followed an urgent motion by Ghanaian MP Alexander Afenyo-Markin, who emphasized that a regional community must be able to protect its citizens in transit.

The investigation will focus on the surge of militant activity in the Sahel and the recurring wave of xenophobic violence in South African cities like Cape Town and Pretoria.

Afenyo-Markin pointed to the February 14 massacre in northern Burkina Faso as a primary example of the worsening security situation, where militants executed 18 traders who were essential to the regional food supply chain.

Furthermore, the April 25 assassination of Mali’s Defence Minister has effectively paralyzed key trade routes, leading some foreign ministries to warn that they can no longer guarantee the safety of travelers.

The Parliament is now calling for immediate accountability from both regional security forces and the South African government to move beyond ceremonial condemnations toward actual prosecutions.

The Issues

  • Terrorist attacks are cutting off vital supply chains that feed regional markets.
  • Ceremonial remarks by leadership in South Africa are described as insufficient because they do not lead to the arrest of perpetrators.
  • There is a growing concern that the regional body is not meeting its promise to protect West African nationals in transit.
  • Despite regional commitments, citizens continue to experience daily contradictions to the promise of free movement.

What’s Being Said

  • “A regional community that cannot protect its own citizens in transit has not yet earned its name.” — Alexander Afenyo-Markin
  • “Words delivered from a ceremonial platform do not arrest a single perpetrator.” — Alexander Afenyo-Markin
  • The traders killed were “the quiet engines of the regional supply chain that feeds our markets.” — Alexander Afenyo-Markin
  • The safety of citizens “must never be a matter open to devastation.” — Alexander Afenyo-Markin

What’s Next

  • The Committee on Political Affairs will begin its formal probe into recent terror and xenophobic incidents.
  • Formal notices will be dispatched to the South African parliament and the African Commission on Human and Peoples’ Rights.
  • ECOWAS will push the South African government for transparent investigations and prosecutions of those involved in lynchings and looting.
  • Lawmakers are expected to revisit the implementation of the Free Movement Protocol to address border harassment.

Bottom Line

The ECOWAS Parliament is demanding a shift from rhetoric to action, launching a multi-national investigation to protect the lives and trade routes of West African citizens currently under threat from Sahelian terrorists and South African xenophobia.

Nigerian Navy and U.S. delegation reinforce Gulf of Guinea security ties

Nigerian Navy and U.S. delegation reinforce Gulf of Guinea security ties

By
Kehinde Victor
-

Key Points

  • The Nigerian Navy and a U.S. Congressional Delegation (CODEL) have strengthened their partnership to enhance maritime security in the Gulf of Guinea.
  • The Regional Maritime Awareness Capability (RMAC) was identified as a critical tool for real-time monitoring and coordinated responses to maritime threats.
  • RMAC’s effectiveness contributed to Nigeria’s 2022 removal from the International Maritime Bureau (IMB) piracy list.
  • The U.S. delegation reaffirmed its commitment to continued cooperation, focusing on capacity building and intelligence sharing.
  • Discussions centered on combating sea robbery, crude oil theft, and other illegal maritime activities.

Main Story

In a high-level meeting at the Western Naval Command Headquarters in Lagos, the Nigerian Navy and a U.S. Congressional Delegation have committed to deepening their maritime security collaboration.

Led by Adam Barker, the delegation met with Rear Adm. Abubakar Mustapha to discuss strategies for safeguarding the Gulf of Guinea.

Mustapha emphasized that international partnerships are vital for addressing evolving threats and providing the technical support necessary for regional stability.

A central focus of the engagement was the Regional Maritime Awareness Capability (RMAC), which allows for the real-time monitoring of Nigerian waters.

The system has been instrumental in the suppression of piracy, leading to a significant drop in illegal maritime activities and a improved global standing for Nigeria’s maritime domain.

The delegation received a comprehensive briefing at the RMAC complex, where U.S. officials commended the Navy’s proactive efforts in securing vital trade routes.

The Issues

  • The Navy continues to battle “sea robbery, crude oil theft” and various unauthorized maritime actions.
  • Maritime security challenges are constantly shifting, requiring “sustained collaboration” to address.
  • Systems like the RMAC require ongoing “technical support” and investment to remain effective.
  • Maintaining Nigeria’s status off the “IMB piracy list” depends on consistent enforcement and security results.

What’s Being Said

  • The RMAC is a “critical tool for real-time monitoring, information sharing and coordinated responses.” — Rear Adm. Abubakar Mustapha
  • Partnerships with the U.S. provide “opportunities for capacity building, technical support and intelligence sharing.” — Rear Adm. Abubakar Mustapha
  • “The engagement provided an opportunity to deepen collaboration and address emerging threats.” — Adam Barker
  • The U.S. remains committed to “continued cooperation” with the Nigerian Navy’s proactive efforts.

What’s Next

  • The Nigerian Navy will likely seek further “technical support” to upgrade and maintain the RMAC system.
  • Joint “intelligence sharing” efforts between Nigeria and the U.S. are expected to intensify in the Gulf of Guinea.
  • Future operations will focus on ensuring Nigeria remains off the “International Maritime Bureau piracy list” through active suppression.
  • Continued “capacity building” programs are anticipated to train personnel on advanced maritime monitoring technologies.

Bottom Line

Nigeria and the United States are scaling up their joint efforts to secure the Gulf of Guinea, utilizing advanced monitoring systems like the RMAC to maintain the suppression of piracy and protect regional trade.

NERC releases February 2026 commercial performance report for DisCos

NUPRC allocates 61.9 million barrels of crude to local refineries in Q1 2026

By
Kehinde Victor
-

Key Points

  • The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) allocated 61.9 million barrels of crude to domestic refineries in the first quarter of 2026.
  • Producers offered 68.7 million barrels during the same period, exceeding the mandatory allocation requirements.
  • Actual deliveries to local refineries reached 28.5 million barrels, resulting in a supply conversion rate of 36 to 46 percent.
  • Shortfalls between offered volumes and actual supplies are primarily attributed to pricing gaps under the “willing buyer, willing seller” framework.
  • The Commission is refining its Domestic Crude Supply Obligation (DCSO) methodology to enhance transparency and ensure local supply commitments are met.

Main Story

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released new statistics regarding the Domestic Crude Supply Obligation (DCSO) for the first quarter of 2026.

Under the provisions of the Petroleum Industry Act (PIA 2021), the Commission allocated 61.9 million barrels to domestic refineries to bolster national energy sufficiency. While producers demonstrated a high level of cooperation by offering 68.7 million barrels—exceeding the allocated amount—actual supply remained significantly lower at 28.5 million barrels.

This discrepancy highlights ongoing challenges in the domestic market, specifically regarding a supply conversion rate that fluctuated between 36 and 46 percent.

The NUPRC noted that while producers often met or exceeded offer targets, the final deliveries were frequently stalled by pricing disagreements between producers and refiners.

Moving forward, the Commission remains committed to leveraging the PIA 2021 framework to sustain production gains and improve the efficiency of local crude distribution.

The Issues

  • The primary reason for the shortfall between volumes offered and actual deliveries is the pricing disagreement between producers and domestic refiners.
  • Transactions operate on a “willing buyer, willing seller” basis, which allows market forces to dictate whether an offer leads to a final sale.
  • The low conversion rate (36-46%) suggests that nearly half of the crude offered to local refineries is not being successfully transacted.
  • In February, producers missed the mandated allocation target by 700,000 barrels.

What’s Being Said

  • Producers “exceeded expectations” in January by offering 11.9 percent more than the mandated volume.
  • There was a “modest improvement in deliveries” in March, rising to 10.1 million barrels from previous monthly lows.
  • The NUPRC “reaffirms its commitment to achieving the government’s objective of energy sufficiency” through the PIA framework.
  • The Commission aims to “continuously refining the DCSO methodology to enhance transparency” and efficiency.

What’s Next

  • The NUPRC will continue to “refine the DCSO methodology” to address the transparency and efficiency of crude distribution.
  • Stakeholders will monitor whether “pricing gaps” can be bridged to improve the supply conversion rate in the second quarter.
  • Efforts to “sustain recent gains in crude oil production” will remain a priority for the Commission.
  • Domestic refineries are expected to continue engaging with producers to secure the “committed” supplies mandated under the PIA.

Bottom Line

While the NUPRC successfully allocated over 60 million barrels to domestic refineries in Q1 2026, pricing disputes under the “willing buyer, willing seller” model meant that less than half of that volume was actually delivered.

UK-Nigeria partnership to modernise Lagos ports draws commendation

UK-Nigeria partnership to modernise Lagos ports draws commendation

By
Kehinde Victor
-

Key Points

  • The President of the Nigeria Association of Master Mariners has praised the Federal Government’s partnership with the United Kingdom for the rehabilitation of Apapa and Tin-Can Island ports.
  • A £746 million export finance agreement was signed in March between Nigeria and the UK to support the redevelopment project.
  • Rehabilitation works are scheduled to begin before the end of the second quarter of 2026, with a 48-month completion timeline.
  • British Steel has secured a £70 million contract to provide 120,000 tonnes of steel for the infrastructure upgrades.
  • The project will be executed in phases to ensure that port operations and cargo handling remain uninterrupted during construction.

Main Story

A major infrastructure partnership between Nigeria and the United Kingdom is set to modernise the Apapa and Tin-Can Island ports in Lagos, a move that maritime experts say reflects growing international investor confidence.

The initiative aims to transform these facilities into “smart ports” by integrating modern technology to improve vessel turnaround times and attract major global shipping lines.

Capt. Tajudeen Alao, President of the Nigeria Association of Master Mariners, noted that these capital-intensive upgrades are essential for Nigeria to remain competitive in the global economy and the West African sub-region.

The rehabilitation is funded through a £746 million export finance deal, with UK Export Finance guaranteeing the loans.

To maintain trade flow, the Nigerian Ports Authority (NPA) has designed a phased execution strategy, ensuring that sections of the ports remain operational while others undergo reconstruction.

While the project is viewed as a bold step toward sustaining revenue generation, stakeholders have been urged to maintain policy continuity to avoid delays potentially caused by upcoming political activities.

The Issues

  • Potential “political activities in the coming months” could threaten the established project timelines
  • Older facilities currently hinder the ability to receive “larger, modern vessels” effectively.
  • The project requires massive funding, making the “confidence of foreign investors” a critical dependency.
  • Current port delays must be addressed to make Nigerian ports “more attractive to major shipping lines”.

What’s Being Said

  • “Having foreign investors come into this sector shows the confidence they have in return on their investment.” — Capt. Tajudeen Alao
  • “With modernisation, port efficiency will increase. Ship turnaround time will improve… boosting trade.” — Capt. Tajudeen Alao
  • “If Nigeria is to lead in maritime trade, it is critical that our ports are modernised.” — Ikechukwu Onyemekara, NPA
  • “The phased approach would allow continuous cargo handling, as sections under reconstruction would be completed before work begins on others.” — Ikechukwu Onyemekara

What’s Next

  • Expected commencement of rehabilitation works at both Apapa and Tin-Can Island ports.
  • The projected duration for the full completion of the port redevelopment.
  • The commencement of the “70 million pound contract” for British Steel to supply necessary materials.
  • Continuous assessment by the NPA to ensure “uninterrupted port operations” during construction phases.

Bottom Line

Port Modernisation. Backed by a £746 million UK finance deal, Nigeria is launching a four-year phased rehabilitation of its primary Lagos ports to improve efficiency and secure its position as a West African maritime leader.

NERC releases February 2026 commercial performance report for DisCos

NERC releases February 2026 commercial performance report for DisCos

By
Kehinde Victor
-

Key Points

  • The Nigerian Electricity Regulatory Commission (NERC) has released the February 2026 Commercial Performance Factsheet for Distribution Companies (DisCos).
  • Billing efficiency for the month reached 87.44%, with the total value of energy billed amounting to ₦242.29bn.
  • DisCos recorded a collection efficiency of 81.17%, gathering ₦196.68bn in total revenue for February.
  • New ATC&C loss targets for 2026 have been approved at an average of 16.64% to account for infrastructure investments made in 2025.
  • The average revenue recovery efficiency across all electricity distribution companies stood at 80.67%.

Main Story

The Nigerian Electricity Regulatory Commission (NERC) has published its February 2026 factsheet, detailing the financial and operational health of the nation’s power distribution sector.

The report indicates a total energy billing of ₦242.29bn, maintaining a billing efficiency of 87.44%. Revenue collection remained a critical focus, with ₦196.68bn recovered from consumers during the month, reflecting a 4.84 percentage point improvement compared to the previous month.

A significant development in the report is the adjustment of Aggregate Technical, Commercial and Collection (ATC&C) loss targets.

The Commission has approved a reduced average target of 16.64% for 2026, a move intended to reflect the increased efficiency expected following various DisCo investments throughout 2025.

Additionally, the average actual collection per kilowatt-hour (kWh) across the network was recorded at ₦100.27, against an allowed average tariff of ₦124.30.

Performance Metrics

  • Total Energy Received: ₦277.09bn worth of energy was received by DisCos in February.
  • Billing Efficiency: Improved by 7.72 percentage points from the previous month to reach 87.44%.
  • Collection Efficiency: Total billings of ₦242.29bn resulted in ₦196.68bn collected, an 81.17% efficiency rate.
  • Revenue Recovery: The overall recovery efficiency across the sector was 80.67%, an 11.51 percentage point increase from January 2026.

DisCo Performance Highlights

  • Top Billing Efficiency: Kano DisCo led the group with 99.04% billing efficiency, followed by Eko DisCo at 97.20%.
  • Highest Collection Efficiency: Eko DisCo recorded the highest collection efficiency at 94.12%.
  • Revenue Recovery Leaders: Eko DisCo (100.67%) and Abuja DisCo (95.13%) were the only companies to exceed a 90% recovery rate.
  • Struggling Units: Kaduna DisCo recorded the lowest collection efficiency (49.27%) and revenue recovery efficiency (41.20%).

The Issues

  • There remains a ₦34.8bn gap between energy received (₦277.09bn) and energy billed (₦242.29bn).
  • DisCos failed to collect ₦45.61bn of the total ₦242.29bn billed to customers in February.
  • While the allowed average tariff is ₦124.30/kWh, the actual average collection was only ₦100.27/kWh.
  • Performance varies drastically by region, with some DisCos showing recovery rates below 50% while others exceed 100%.

Bottom Line

Power Performance. NERC’s February 2026 data shows a strengthening in revenue recovery and billing efficiency across the board, though significant losses still exist between energy reception and final payment collection.

UN agencies warn of systemic risks from digital infrastructure failure

UN agencies warn of systemic risks from digital infrastructure failure

By
Kehinde Victor
-

Key Points

  • The International Telecommunication Union (ITU) and the UN Office for Disaster Risk Reduction (UNDRR) warned that digital infrastructure failures could trigger widespread disruptions across critical sectors.
  • A new report, “When Digital Systems Fail: The Hidden Risks of our Digital World,” reveals how digital vulnerabilities translate into real-world chaos.
  • Approximately 90% of the impact of natural hazards results from ripple effects across interconnected systems rather than the initial event.
  • Experts highlighted that societies no longer have analogue systems to fall back on during digital outages.
  • Solar storms and submarine cable disruptions were cited as credible threats that could simultaneously paralyze finance, transport, and healthcare.

Main Story

The United Nations has issued a stark warning regarding the fragility of the global digital landscape, asserting that a major system breakdown is a matter of “when,” not “if”.

During a news conference, the ITU and UNDRR explained that digital systems are now so deeply embedded in daily life that their failures remain invisible until they cause massive disruption to payment services, emergency communications, and healthcare.

The joint report emphasizes that modern disaster risk management must evolve to address “cascading risks” that cross multiple sectors.

For example, a prolonged power outage can disable telecommunications, which in turn shuts down ATM services and local markets, leaving millions without access to cash or basic needs.

This systemic complexity was demonstrated by the volcanic eruption near Tonga, which severed digital connectivity for an extended period, a scenario that could affect hundreds of millions in more interconnected regions.

The Issues

  • Societies have largely lost the analogue fallback systems that once provided resilience during technical failures.
  • The complex links between power, satellites, undersea cables, and data centers are often poorly understood.
  • Many digital risks remain undetected by traditional disaster management systems focused on single, localized hazards.
  • Initial natural hazards trigger massive second-order effects that account for nearly 90% of a disaster’s total impact.
  • Because digital systems drive innovation and growth, a breakdown can halt the entire economic engine of a nation.

What’s Being Said

  • “Digital systems have become so embedded in our lives that we barely notice them until they fail.” — Doreen Bogdan-Martin, ITU Secretary-General
  • “A lot of the time there is an implicit assumption that when digital systems fail, we will have analogue systems to fall back on, but those are no longer there.” — Kamal Kishore, Head of UNDRR
  • “The risk of a digital disaster is not a matter of if, it’s a matter of when, so we better start preparing for it now.” — Kamal Kishore
  • “ITU will continue to raise awareness on critical risks so that these disruptions don’t result in disaster.” — Doreen Bogdan-Martin

What’s Next

  • The ITU and UNDRR will advocate for the global adoption of the six priority preparedness areas in government policy.
  • Focus will increase on the resilience of “undersea cables, satellites and data centres” against space weather and extreme heat.
  • Disaster risk management systems are expected to shift from “single hazard” focuses to “multi-sector cascading risk” models.
  • Awareness campaigns will target remote communities to build resilience against potential ATM and telecommunication blackouts.

Bottom Line

The UN is calling for an urgent global overhaul of risk management, warning that the world’s total reliance on digital infrastructure, coupled with the disappearance of analogue backups—has made systemic disaster inevitable without immediate preparedness.

Nigeria expands technical cooperation with Caribbean nations

Nigeria expands technical cooperation with Caribbean nations

By
Kehinde Victor
-

Key Points

  • Nigeria is deepening South-South ties with Trinidad and Tobago, Grenada, and Barbados through the Nigerian Technical Aid Corps (NTAC).
  • NTAC Director-General Yusuf Yakub conducted a working visit to these nations on behalf of President Bola Tinubu to scale up technical assistance.
  • Discussions in Trinidad and Tobago focused on expanding capacity building and the deployment of Nigerian professionals.
  • Grenada and Nigeria explored cooperation in healthcare training and technical support following meetings with foreign and health officials.
  • Barbados highlighted interest in education, innovation, and human capital, as well as creative sectors like film and fashion.

Main Story

Nigeria has intensified its technical cooperation with key Caribbean nations to strengthen development partnerships across the Global South.

Representing President Bola Tinubu, NTAC Director-General Yusuf Yakub held high-level talks in Trinidad and Tobago, Grenada, and Barbados to expand the deployment of Nigerian professionals under the Technical Aid Corps scheme.

The visit underscored a commitment to mutual growth and human capital development among Africa, Caribbean, and Pacific (ACP) countries.

In Trinidad and Tobago, the focus remained on institutional capacity building, while the mission in Grenada centered on bolstering the healthcare sector through specialized training.

In Barbados, the dialogue shifted toward educational transformation and the creative economy, with local officials expressing a desire to collaborate in agriculture, culture, and the fashion industry.

These engagements reflect a strategic effort to promote sustainable development through the exchange of expertise and professional skills.

The Issues

  • There is a continuous need to drive “innovation and human capital development” through international partnerships.
  • Technical assistance must be “scaled up” to meet the specific development goals of partner nations in the Global South.
  • Identifying “sectors such as culture, film, fashion” requires new frameworks for professional exchange beyond traditional technical roles.
  • Coordination across multiple countries requires a “proactive push” from agencies like the NTAC to ensure effective professional deployment.

What’s Being Said

  • “Nigeria was ready to scale up technical assistance in line with Tinubu’s push for stronger development partnerships.” — Yusuf Yakub
  • International partnerships play a critical role in “driving innovation and human capital development.” — Sandra Husbands, Barbados Minister of Educational Transformation
  • The visit focused on “expanding capacity building and deployment of Nigerian professionals.” — NTAC Spokesperson
  • The engagements “underscored Nigeria’s commitment to strengthening bilateral ties.” — NTAC Official Statement

What’s Next

  • Nigeria is expected to “scale up” the actual deployment of professionals to the three Caribbean nations.
  • Follow-up discussions will likely finalize “technical support” agreements for Grenada’s healthcare system.
  • Barbados and Nigeria may move toward formalizing cooperation in the “film and fashion” sectors.
  • The NTAC will continue its “working visits” to other Global South partners to implement the administration’s technical aid objectives.

Bottom Line

South-South Cooperation. Nigeria is leveraging the Technical Aid Corps to export professional expertise to the Caribbean, focusing on healthcare, education, and the creative arts to solidify its role in Global South development.

Estonian parliament eases skilled labor immigration to boost growth

Estonian parliament eases skilled labor immigration to boost growth

By
Kehinde Victor
-

Key Points

  • The Estonian parliament has passed a bill to simplify the process of bringing skilled non-EU/EEA workers into the country.
  • The legislation addresses an annual shortfall of approximately 1,400 top specialists and 700 skilled workers.
  • A new sector-based exemption replaces the previous short-term employment exemption for industries facing labor shortages.
  • Under the new law, sector-specific quotas and separate permits from the Unemployment Insurance Fund will no longer be required for these fields.
  • Estonia’s total population was 1.36 million as of early 2026, with a current annual immigration quota of 1,292 people.

Main Story

Estonia has taken a legislative step to improve its economic competitiveness by making it easier for skilled foreign workers to obtain residence permits.

The government noted that the current labor gap is actively slowing economic growth and hurting the ability of Estonian companies to compete globally.

The bill specifically targets top specialists, with the Estonian Qualifications Authority identifying the IT sector as a primary area of need.

A fundamental shift in the law removes significant bureaucratic hurdles for employers in sectors facing shortages.

By replacing the old short-term exemption with a targeted sector-based model, the government has eliminated the need for employers to obtain a separate permit from the Unemployment Insurance Fund.

This move effectively bypasses existing quotas for specific industries, allowing for more favorable conditions for fixed-term residence permits.

The Issues

  • A lack of qualified labor is currently “slowing economic growth”.
  • The IT sector is frequently cited as the area with the most significant shortfall of top specialists.
  • A relatively small total population of 1.36 million limits the domestic talent pool.
  • The 2026 annual immigration quota of 1,292 people is tight compared to the identified annual shortfall.

What’s Next

  • The law will take effect to remove sector-specific quotas for qualifying industries.
  • Companies in the IT sector are expected to be the primary beneficiaries of the eased permit process.
  • Authorities will likely monitor if the changes help close the annual gap of 2,100 total workers.
  • Observers will watch to see if the new sector-based model effectively replaces the existing immigration quota system.

Bottom Line

Labor Reform. Estonia is removing sector-specific quotas and Unemployment Insurance Fund permit requirements to attract 2,100 annual skilled workers, aiming to secure its IT sector and restore economic growth.

Lagos residents urged to adopt small-scale farming amid rising costs

Lagos residents urged to adopt small-scale farming amid rising costs

By
Kehinde Victor
-

Key Points

  • The Association of Women in Agriculture is encouraging Lagosians to start home gardens to counter food inflation and high fuel costs.
  • Rising fuel prices have significantly increased transportation costs, which are being passed on to consumers at the market.
  • Residents can utilize non-traditional spaces like backyards, containers, and small plots for urban agriculture.
  • Low-cost materials such as used tires, buckets, and rice sacks are being promoted for planting crops like tomatoes and peppers.
  • Small-scale farming is presented as a practical solution to improve household nutrition and reduce financial pressure.

Main Story

In a move to address the mounting financial strain on households, the Association of Women in Agriculture has called for a widespread shift toward urban farming in Lagos.

President of the association, Alhaja Mulikat Ogunlola, highlighted that the recent hike in fuel prices has created a ripple effect, driving up the cost of moving food from farms to city centers.

By growing their own produce, residents can bypass these inflated market prices and decrease their dependence on external supply chains.

Ogunlola emphasized that a lack of large land tracts should not be a deterrent for city dwellers. The association is actively promoting “low-cost planting methods” that transform everyday household items into productive gardens. This approach not only makes fresh, nutritious food more accessible but also serves as a sustainable strategy for coping with the general increase in the cost of living.

The Issues

  • “Fuel price increases” have made the logistics of food distribution prohibitively expensive.
  • Many households are struggling to “grapple with the rising cost of living” and maintain nutritional standards.
  • There is a need for “increased awareness and support” to help residents transition to urban farming.
  • Stakeholders are calling for better government intervention in providing “training and access to inputs”.

What’s Being Said

  • “Fuel price increases have made the cost of transporting food items very high, and this is reflected in what consumers pay in the market.” — Alhaja Mulikat Ogunlola
  • “You do not need a large expanse of land to start farming. Containers, backyards and small plots can be used to grow vegetables.” — Alhaja Mulikat Ogunlola
  • “Small-scale farming remains a practical and sustainable response to food inflation and rising fuel costs.” — Alhaja Mulikat Ogunlola
  • Engagement in this practice will “not only reduce food expenses but also improve access to fresh and nutritious produce.” — Alhaja Mulikat Ogunlola

What’s Next

  • Calls for the “government and relevant stakeholders” to provide formal training and agricultural inputs.
  • Advocacy will continue to push for more residents to “embrace small-scale farming” as a long-term habit.
  • Efforts aim to help households “maximize available resources” to build more resilient food systems.
  • The association will likely track the success of “crops such as pumpkin leaves and tomatoes” grown in urban settings.

Bottom Line

Urban Agriculture. Small-scale home farming is being championed as a vital economic shield for Lagos residents, turning small spaces and recycled materials into sources of affordable, fresh food amid soaring transportation and market costs.

Global shortfall of one million midwives threatens maternal health

Global shortfall of one million midwives threatens maternal health

By
Kehinde Victor
-
coronavirus
Coronavirus: NCDC Urges Pregnant, Breastfeeding Women to Exercise Caution

Key Points

  • One million more midwives are needed globally by 2035 to save over four million lives annually.
  • Africa currently accounts for approximately half of the global shortfall in midwifery personnel.
  • Skilled midwives can prevent the majority of avoidable maternal and newborn deaths caused by pregnancy complications.
  • Investing in midwifery offers high economic returns, with every $1 invested yielding up to $16 in social and economic benefits.
  • The UNFPA is calling for fair compensation, better career development, and the adoption of innovative diagnostic tools for this largely female workforce.

Main Story

On the International Day of the Midwife, the United Nations Population Fund (UNFPA) highlighted a critical gap in the global health workforce that directly impacts maternal and child survival.

Executive Director Diene Keita stated that educating and deploying one million additional midwives by 2035 is essential to transforming health systems.

These health workers are often the primary providers of maternal care in fragile or crisis-affected settings, offering services that range from family planning to postnatal care.

The shortage is particularly acute in Africa, where the lack of skilled birth attendants contributes to disproportionately high mortality rates. Beyond delivery, midwives provide essential services such as nutrition counseling and cancer screenings.

To address these gaps, the UNFPA is utilizing its Midwifery Accelerator coalition to help nations develop localized investment cases aimed at protecting and empowering midwives as the “backbone of healthy and resilient societies”.

The Issues

  • Africa accounts for “about half of the global shortfall,” driving up maternal mortality on the continent.
  • There is an urgent need for “fair compensation” and improved career paths for a workforce that is predominantly female.
  • Fragile settings often lack the “leadership and protection” required for midwives to operate safely.
  • Health systems must overcome barriers to adopting “innovative technologies” and diagnostic tools that could enhance decision-making.

What’s Being Said

  • “Educating, deploying and retaining one million more midwives would transform health systems and improve millions of lives.” — Diene Keita
  • “Midwives are essential health workers, and they offer a solution to one of the most urgent challenges in global health.” — Diene Keita
  • “Midwifery is the backbone of healthy and resilient societies where women and communities can thrive.” — Diene Keita
  • “Every one dollar invested would yield up to 16 dollars in social and economic returns.” — Diene Keita

What’s Next

  • The UNFPA will continue to support countries through the “Midwifery Accelerator coalition” to develop evidence-based investment strategies.
  • Advocacy efforts will focus on achieving the target of “one million more midwives” by the 2035 deadline.
  • There is a push for health systems to integrate “innovative technologies and diagnostic tools” to strengthen midwives’ skills.
  • Global health monitors will mark “May 5” annually to track progress in midwife education and protection.

Bottom Line

Health Crisis. To save four million lives a year, the UN maintains that the world must bridge a gap of one million midwives by 2035, specifically targeting Africa where the shortage is most severe.

Jim Ovia retires as Zenith bank chairman after 12-year Tenure, Mustafa Bello appointed successor

Jim Ovia retires as Zenith bank chairman after 12-year Tenure, Mustafa Bello appointed successor

By
Boluwatife Oshadiya
-
Jim Ovia Set To Earn N15.22 billion From banking business

By Boluwatife Oshadiya

Key Points:

  • Jim Ovia retires as Chairman of Zenith Bank after completing regulatory tenure
  • Retirement aligns with Nigeria’s 12-year corporate governance limit
  • Mustafa Bello appointed as new Chairman
  • Board credits Ovia for strong leadership and institutional growth
  • Bello brings public and private sector experience to the role

Main Story:
Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, following the completion of his tenure in accordance with Nigeria’s corporate governance regulations.

The development was disclosed in a corporate notice issued in Lagos on May 5, 2026, marking the end of Ovia’s 12-year tenure as chairman—the maximum period permitted under guidelines governing financial holding companies, non-interest banks, and payment service banks in the country.

Ovia, widely regarded as the architect of Zenith Bank’s rise into one of Nigeria’s most prominent financial institutions, played a defining role in shaping the bank’s strategic direction and institutional framework. During his time as chairman, he provided leadership oversight that contributed significantly to the bank’s expansion, operational resilience, and market positioning.

The Board of Directors, in its statement, acknowledged Ovia’s contributions, noting that his commitment to corporate governance standards and long-term stakeholder value creation strengthened the Group’s reputation within Nigeria’s financial services sector and beyond.

His exit reflects a broader regulatory push by authorities, including the Central Bank of Nigeria (CBN), to enforce stricter governance frameworks aimed at enhancing transparency, board independence, and institutional sustainability within the banking sector.

Following his retirement, the Board confirmed the appointment of Engr. Mustafa Bello as the new Chairman of Zenith Bank Plc. Bello previously served as a non-executive director on the bank’s board, positioning him as a familiar figure within the institution’s governance structure.

What’s Being Said:
In its official communication, the Board emphasized that Ovia’s tenure was marked by “strong leadership, strategic direction, and effective oversight,” which helped elevate Zenith Bank’s standing in a competitive financial landscape.

The transition to Bello’s leadership is seen as a continuation of the bank’s governance evolution, combining institutional continuity with renewed strategic direction.

Profile of the New Chairman:
Engr. Mustafa Bello is a seasoned administrator and engineer with extensive experience spanning both the public and private sectors.

He holds a Bachelor of Engineering degree in Civil Engineering from Ahmadu Bello University, Zaria, where he graduated in 1978 with a Second Class Upper Division. He also received the Shell Prize for the best project and thesis in the Faculty of Engineering that same year.

Bello began his professional career with the Nigerian Army’s Directorate of Quartering and Engineering Services between 1978 and 1979. He later joined the Niger State Housing Corporation as a Senior Civil Engineer, where he worked from 1980 to 1983.

His public service career gained prominence when he was appointed Minister of Commerce of the Federal Republic of Nigeria from 1999 to 2002. He subsequently served as the Executive Secretary and Chief Executive Officer of the Nigerian Investment Promotion Commission (NIPC) from November 2003 to February 2014, where he played a key role in promoting foreign investment into Nigeria.

Bello is currently the Chairman of Invest-in-Northern Nigeria Limited, a special purpose vehicle focused on driving economic and social development in Northern Nigeria. He has also contributed to several national initiatives, including the Corporate Affairs Commission’s online registration project and the development of a World Trade Organization (WTO)-compliant trade policy framework for Nigeria.

What’s Next:
With Bello now at the helm, stakeholders will be watching closely to see how Zenith Bank navigates its next phase of growth, particularly in an evolving financial landscape shaped by digital transformation, regulatory tightening, and increased competition.

The leadership transition comes at a time when Nigerian banks are under pressure to strengthen governance structures, deepen financial inclusion, and expand their footprint across African and global markets. Zenith Bank’s ability to maintain its performance trajectory under new leadership will be critical in sustaining investor confidence and market relevance.

UN alarms as drone strikes escalate across Sudan

Week 46 Pool Fixtures for Sat 16, May 2026, UK 2025/2026

By
Boluwatife Oshadiya
-
Week 46 Pool Fixture for Sat 20, May 2023

Now you can find the Week 45 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 45 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

Pool Fixtures For This Week: 46; SEASON: UK 2025/2026
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UN alarms as drone strikes escalate across Sudan

Week 45 Pool Result for Sat 9, May 2026, UK 2025/2026

By
Boluwatife Oshadiya
-
Week 45 Pool Fixture for Sat 13, May 2023
Week 45 Pool Fixture for Sat 13, May 2023

Week 45 pool results 2026: Football pools results, live football pool result today, pool result today saturday matches, pool results for this week, british and aussie pool result, football pools results and fixtures, pools panel results today, pool panel results and live score pool result today. We publish half-time results first of its kind.

Week 45 Pool Results: Football pools results for this week 45 2026 are published on this website immediately after full-time confirmation of live score results. We also publish the outcome of postponed matches by the football pools panel at half-time as decided by the football pools. This week’s Week 45 Pool Results are made available in partnership with Bizwatch Nigeria.

WEEK: 45; SEASON: UK 2025/2026; DATE: 09-May-2026
№Football Pools ResultsHTFTStatus
1BrightonWolves-:--:-Saturday
2BurnleyAston Villa-:--:-Sunday
3Crystal P.Everton-:--:-Sunday
4FulhamBournemouth-:--:-Saturday
5LiverpoolChelsea-:--:-EKO
6Man CityBrentford-:--:-LKO
7Nott’m For.Newcastle-:--:-Sunday
8SunderlandMan United-:--:-Saturday
9West HamArsenal-:--:-Sunday
10AberdeenDundee Utd.-:--:-Saturday
11CelticRangers-:--:-Sunday
12DundeeLivingston-:--:-Saturday
13FalkirkHibernian-:--:-Saturday
14MotherwellHearts-:--:-LKO
15St MirrenKilmarnock-:--:-Saturday
16Ath BilbaoValencia-:--:-Sunday
17Atl MadridCelta Vigo-:--:-LKO
18BarcelonaReal Madrid-:--:-Sunday
19MallorcaVillarreal-:--:-Sunday
20Real OviedoGetafe-:--:-Sunday
21R. SociedadR. Betis-:--:-LKO
22SevillaEspanyol-:--:-LKO
23AC MilanAtalanta-:--:-Sunday
24CagliariUdinese-:--:-EKO
25CremonesePisa-:--:-Sunday
26FiorentinaGenoa-:--:-Sunday
27LazioInter Milan-:--:-LKO
28LecceJuventus-:--:-LKO
29ParmaRoma-:--:-Sunday
30VeronaComo-:--:-Sunday
31AugsburgB. M’gladbach-:--:-EKO
32FC CologneFC Heidenheim-:--:-Sunday
33HamburgFreiburg-:--:-Sunday
34HoffenheimW. Bremen-:--:-EKO
35MainzU. Berlin-:--:-Sunday
36RB LeipzigSt Pauli-:--:-EKO
37StuttgartB. Leverkusen-:--:-EKO
38WolfsburgB. Munich-:--:-LKO
39AngersStrasbourg-:--:-Sunday
40AuxerreNice-:--:-Sunday
41Le HavreMarseille-:--:-Sunday
42MetzLorient-:--:-Sunday
43MonacoLille-:--:-Sunday
44Paris SGBrest-:--:-Sunday
45RennesParis FC-:--:-Sunday
46ToulouseLyon-:--:-Sunday
47AjaxUtrecht-:--:-Sunday
48ExcelsiorFC Volendam-:--:-Sunday
49FeyenoordAZ Alkmaar-:--:-Sunday
UN alarms as drone strikes escalate across Sudan

PETAN urges output boost amid shifting OPEC+ dynamics and UAE exit reports

By
Kehinde Victor
-

Key Points

  • The Petroleum Technology Association of Nigeria (PETAN) is calling for a significant increase in oil and gas production to protect national interests.
  • Chairman Wole Ogunsanya noted that reported production plans and the potential exit of the UAE from OPEC+ could weaken the group’s quota discipline.
  • Nigeria is targeting a production goal of three million barrels per day within the next five years.
  • Higher output is expected to strengthen foreign exchange earnings and provide a steady supply for expanding domestic refinery operations.
  • The 2026 Offshore Technology Conference (OTC) in Houston is currently focused on Africa’s energy transformation, technology, and local capacity.

Main Story

At the 2026 Offshore Technology Conference in Houston, PETAN Chairman Wole Ogunsanya warned that major shifts within OPEC+ could upset the global balance between consumers and producers.

Reacting to reports of the United Arab Emirates’ imminent exit from the alliance, Ogunsanya emphasized that Nigeria must prioritize its own fiscal stability by ramping up production.

He argued that regardless of global price fluctuations, consistent production is essential because “the world will continue needing aviation fuel, petrol, and diesel”.

Ogunsanya highlighted the success of the Dangote Refinery, which has already begun exporting aviation fuel to international markets like the United States, as a reason to secure steady crude supply.

He described the current volatility as a “strategic wake-up call” for Nigeria to resolve logistical challenges that have previously caused cargo delays. To stay competitive, the association maintains that Nigeria must focus on consistent marketing of its premium crude to dependable customers.

The Issues

  • Major shifts by key OPEC+ players like the UAE could “upset the balance” of global price stability.
  • Falling global prices could “threaten exports” if Nigeria lacks stronger planning and market preparation.
  • Logistical and contractual challenges have historically caused “cargo delays,” damaging buyer confidence.
  • High production levels from the “United States and Russia” continue to influence global output and price points.

What’s Being Said

  • “Nigeria must focus firmly on its national interest. We need three million barrels daily within five years.” — Wole Ogunsanya
  • “Quota allocations mean little without dependable customers. Nigeria has premium crude, but it must be marketed consistently.” — Wole Ogunsanya
  • “Whatever happens to prices, production must remain steady.” — Wole Ogunsanya
  • “If buyers doubt delivery, they will simply look elsewhere.” — Wole Ogunsanya

What’s Next

  • Nigeria will need to address “logistical and contractual challenges” to ensure on-time delivery of crude to international buyers.
  • Energy stakeholders will monitor the impact of the “UAE’s production plans” on OPEC’s overall quota discipline.
  • Continued focus on the “Dangote Refinery’s exports” will serve as a benchmark for the success of domestic refining and value-added exports.
  • The industry will evaluate progress toward the “three million barrels daily” goal over the next five-year window.

Bottom Line

Output Focus. PETAN is urging a rapid increase in domestic oil production to three million barrels per day to safeguard Nigeria’s economy against potential instability within the OPEC+ alliance and to fuel the country’s growing refining sector.

FG, University Unions talks stall as strike continues
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