Polygamy hurts women, kids, spares men – Erigga

Rapper Erigga has expressed reservations about polygamy, citing the harm it can cause to women and children.

Drawing from personal experience growing up in a polygamous home, he noted that such arrangements often lead to conflict and hurt feelings, with women and kids typically bearing the brunt.

In an interview with Yanga FM Lagos, he said: ‘I am trying not to be like my father. I don’t like polygamy; one person gets hurt, which is the woman. There’s never a polygamous situation where the man gets hurt; it’s always the woman and the kids.’

Erigga stated that he is making a conscious effort to avoid polygamy, opting instead for monogamy, which he believes is a more straightforward and fulfilling choice.

In his view, polygamy can be complex and painful, particularly for the women and children involved.

Reps to screen newly appointed service chiefs, today

The House of Representatives is expected to screen the newly appointed Service Chiefs.

According to the memo issued by the House Committee on Defence chaired by Hon. Babajimi Benson, the screening exercise is scheduled for 12noon.

The four Service Chiefs who were scheduled to be screened by the Senate arrived at the National Assembly Complex around 10am during Wednesday plenary.

The Senate had on Tuesday rescheduled the screening to Wednesday, October 29, reversing its earlier plan to hold the exercise next week.

The adjustment was announced shortly after Senate President Godswill Akpabio read a letter from President Bola Tinubu, seeking the confirmation of General Olufemi Oluyede as the new Chief of Defence Staff.

Senator Akpabio explained that the change was necessary to enable the new military chiefs to immediately assume office and continue coordinating the country’s security operations without delay.

President Tinubu had urged the Senate to give the confirmation process urgent attention to ensure continuity and effective coordination of Nigeria’s defence system. Recall that on October 24, Tinubu approved a major shake-up in the military leadership, replacing General Christopher Musa with General Oluyede as the Chief of Defence Staff.

He also appointed Major-General W. Shaibu as Chief of Army Staff, Air Vice Marshal S. K. Aneke as Chief of Air Staff, and Rear Admiral I. Abbas as Chief of Naval Staff.

According to a statement signed by the Special Adviser to the President on Media and Public Communication, Chief Sunday Dare, last week Friday, the Chief of Defence Intelligence, Major-General E.A.P. Undiendeye, retained his position.

2027: Igbos should support Peter Obi to actualise his ambition – Ohanaeze chieftain

A chieftain of Ohanaeze Ndigbo, Dr Valentine Iheukwumere Oparaocha, has called on Igbos across the country and in the diaspora to unite behind the 2023 Labour Party presidential candidate, Mr. Peter Obi, in his 2027 presidential bid.

Oparaocha, who spoke with journalists in Minna, said the time had come for Ndigbo to focus their collective energy on Obi’s political ambition rather than on separatist agitations led by Mazi Nnamdi Kanu and his followers, which he described as unrealistic and potentially destructive.

While stressing that he is not opposed to calls for Nnamdi Kanu’s release, Oparaocha maintained that no rational Igbo person who witnessed the horrors of the Nigerian Civil War would wish to relive such an experience.

‘Chukwuemeka Odumegwu Ojukwu told us before his death that the war is over. Dr. Nnamdi Azikiwe also said it was over. Why must some people still be dragging us back into what is not possible?’ he asked.

The retired security expert, who once contested for the presidency of Ohanaeze Ndigbo Worldwide against the late Chief Emmanuel Iwuanyanwu and Ambassador George Obiozor, warned that anyone calling for war was ‘on his own.’

According to him, both the 1966 Aburi Accord and the 1969 Ahiara Declaration have outlived their relevance. He urged agitators to abandon separatist pursuits that could only lead to chaos and renewed hostility against the Igbo nation.

Oparaocha insisted that Peter Obi’s candidacy offers a peaceful and credible path for the Igbos to negotiate justice and equity within the Nigerian federation.

‘Peter Obi’s ambition to be president should be the main focus of the Igbos and Nigerian youths. He is tried and tested. His method is safe, his plans are good, and we can trust him,’ he said.

He cautioned against placing too much emphasis on Nnamdi Kanu’s detention, alleging that President Bola Ahmed Tinubu’s administration might be exploiting the issue for political leverage ahead of the 2027 elections.

‘We cannot be chasing too many things at the same time. President Tinubu may release Nnamdi Kanu for political reasons before 2027 because Kanu fits into his second-term strategy,’ he claimed.

Oparaocha also expressed concern for Kanu’s safety outside the Department of State Services (DSS) custody, saying the detained IPOB leader might be more vulnerable if released.

‘In DSS custody, MNK is safe and protected. Outside, anyone could target him. I fear more for his life outside than inside,’ he added.

The former secretary of Ohanaeze Ndigbo in Niger State argued that Igbos must adopt strategic thinking and build alliances with other marginalized ethnic groups in Nigeria to achieve national leadership.

‘Nigeria has over 250 ethnic groups. The Igbos are not the only ones facing marginalization. We should reach out to others, especially northern Christians, and form a new majority,’ he said.

He urged unity of purpose among Igbos, citing biblical and historical examples to emphasize peace and political inclusiveness.

‘We must move with Peter Obi for now. His ideas have sanity in them. Peace is better than war. If Barack Obama could unite minorities in the US.] to form a winning majority, we can do the same here,’ Oparaocha stated.

He recalled the words of Nigeria’s founding father, Dr. Nnamdi Azikiwe, who championed unity and national integration, adding that ‘united we stand, divided we fall.’

He also quoted former Niger State Governor, Dr. Mu’azu Babangida Aliyu, who recently said the 2027 elections would be ‘a contest between southerners,’ likely between President Bola Tinubu and Peter Obi.

‘Whichever way the pendulum swings, the Igbos should remain united,’ Oparaocha concluded.

TETFund commissions N717m building projects in NSUK

The Tertiary Education Trust Fund (TETFund) has commissioned the faculty of social sciences lecture theatre and office complex at Nasarawa State University, Keffi (NSUK).

The agency said it spent a N717,374,213.75 on both projects.

The Chairman of TETFund’s Board of Trustees, Aminu Bello Masari, commissioned the projects at the University campus in Keffi on Tuesday.

The new facility comprises 22 en-suite offices, four 200-seater lecture theatres, and 12 public conveniences.

Speaking during the commissioning, Masari said the projects were executed under the 2020/2021 merged annual intervention and aligned with President Bola Tinubu’s Renewed Hope Agenda.

The former governor of Katsina praised Nasarawa State University for its record of transparency and efficiency in implementing TETFund projects, saying that it was the third time TETFund was visiting the university to commission projects within two to three years.

He said: ‘It shows the institution’s resolve to ensure funds are judiciously used with verifiable results.

‘The fused Lecture Theatre and Office complex to be commissioned shortly is of the years 2020/2021 (Merged) Annual intervention, being hosted under the Faculty of Social Sciences, and completed at a total cost of N717,374,213.75. We are optimistic that this facility will aid teaching and learning in a comfortable environment, having been furnished and adequately equipped for that purpose.’

Masari said TETFund has recorded about 71 per cent completion of infrastructure-based projects across its beneficiary institutions between January and September 2025.

He also disclosed that since NSUK became a TETFund beneficiary in 2003, it has received over N12.7 billion for infrastructure-related interventions, noting that about 80 per cent of these funds have been accessed and the evidence of utilisation is visible all over this campus.

The new facility, he added, is expected to ‘aid teaching and learning in a comfortable environment, having been furnished and adequately equipped for that purpose.’

While urging the university to ensure proper maintenance of the building, Masari reaffirmed TETFund’s commitment to supporting innovation, ICT advancement, and sustainable power supply in tertiary institutions.

He also explained that the Fund had temporarily stepped down foreign training for lecturers due to high exchange rates and issues of abscondment but was focusing more on impactful local interventions.

‘We are optimistic that these special interventions will yield appreciable dividends soon,’ he said.

Executive Secretary of TETFund, Sonny Echono, said the project symbolised the agency’s determination to strengthen Nigeria’s tertiary education system.

Echono, who was represented by the Director of Monitoring and Evaluation at TETFund, Mr. Babatunde Olajide, said: ‘This event stands as a testament to our shared commitment to advancing tertiary education in Nigeria. We commend the university for its prudent utilisation of funds and timely completion of projects.’

He noted that TETFund remains aware of challenges caused by inflation and exchange rate volatility, which have affected project delivery timelines.

The executive secretary urged universities to prioritise maintenance.

Echono added: ‘As we commission this facility today, let us reaffirm our collective resolve to protect and maintain it to avoid deterioration. Together, we can ensure this investment yields dividends for generations to come.’

Vice-Chancellor of Nasarawa State University, Prof. Sa’adatu Hassan Liman, described the day as a momentous occasion in the institution’s history.

She acknowledged TETFund’s role in the university’s progress, while commending the transformative impact of TETFund projects in the university.

The vice – chancellor said: ‘These interventions have improved access to education and enhanced working conditions for our staff.

‘This magnificent structure has been proudly sponsored by TETFund. It will promote teaching, enhance research, and create a truly conducive environment for our students.’

She revealed that NSUK had recently been ranked Number One University in Nigeria for Quality Education by the 2025 Times Higher Education Impact Rankings under Sustainable Development Goal 4, thanking TETFund for ‘being a worthy partner in this remarkable achievement.’

Prof. Liman assured TETFund of NSUK’s continued transparency in managing intervention projects, appealing for more additional structures for Faculties, Lecture Theatres and Solar Power.

‘We remain deeply committed to accountability and due process in all our dealings,’ she said.

Also speaking, the Governor of Nasarawa State, Abdullahi Sule, represented at the event by the State Commissioner for Education, Dr. John Mamman, commended TETFund for its sustained support to tertiary education.

He assured that the state will continue to give maximum support to the education sector.

Kano Assembly approves N724.2bn medium-term expenditure framework

The Kano State House of Assembly has passed into law the N724.2 billion Medium Term Expenditure Framework (MTEF)after receiving a letter from the Commissioner for Planning and Budget seeking approval for the 2026-2028 MTEF.

The Speaker of the assembly, Alhaji Jibril Ismail Falgore, reading the letter at the plenary, then outlined the economic and fiscal policies guiding the preparation of the 2026 budget, including revenue projections, grants, debt servicing, and capital expenditure plans.

He disclosed that the total MTEF projection for the 2026 budget stands at N724.2 billion, with N321 billion allocated for recurrent services and another N321 billion for capital expenditure.

Falgore then urged members to critically review the proposal before forwarding it to the executive for assent.

After careful deliberations, the House adopted the MTEF document, pending the completion of necessary legislative procedures for its final approval.

FirstBank vindicated: Arbitration tribunal dismisses GHL’s $718m claim

The Final Award in the arbitration initiated by General Hydrocarbons Limited against First Bank of Nigeria Limited, issued by Sole Arbitrator Hon. Justice Kumai Bayang Akaahs, was published today the 28th, October 2025,

General Hydrocarbons Limited (GHL) was represented by Messrs. Paul Usoro SAN and and Abiodun Layonu SAN. First Bank of Nigeria Limited (FBN) was also represented by Messrs Gbolahan. Elias, SAN; Babajide Koku, SAN and Victor Ogude, SAN.

The Tribunal dismissed GHL’s case in its entirety, affirming FBN’s financing obligations as conditional, finding no breach or entitlement to damages by GHL, and ordering GHL to bear the costs of arbitration.

The dispute arose from the Subrogation Agreement dated May 29, 2021, under which GHL undertook the repayment of an outstanding debt of $718 million and FBN undertook to provide additional loans to finance the development and production of OML 120 in line with the provisions of the Subrogation Agreement.

GHL alleged that FBN breached the agreement by failing to provide absolute and timely financing, sabotaging alternative funding efforts, and causing losses including liabilities to third party and leading to loss of productive time in the development of OML 120.

FBN argued its financing obligation was conditional and not absolute but subject to review and professional discretion in line with banking policies and regulatory guidelines.

The key Findings of the Tribunal are as follows:

1. FBN has a conditional, not absolute, obligation to finance OML 120 development. It must review and evaluate financing requests and may attach competitive terms as deemed suitable.

2. GHL failed to prove any breach by FBN. FBN made several financing offers totaling $185 million, and delays alleged by GHL were not found unreasonable or in breach.

3. Introduction of an Independent Asset Manager as a financing condition by FBN was consistent with the agreement and not a breach.

4. Allegations of FBN sabotaging alternative financing arrangements were unsubstantiated and dismissed for being devoid of any merit.

5. All reliefs sought by GHL, including declarations, damages for unpaid contractor fees, losses, and termination of the Subrogation Agreement, were refused.

6. FBN was adjudged entitled to recover reasonable legal and arbitration costs from GHL, amounting to $112,100 and N111,250,000, payable within 30 days with interest on late payment.

Nigeria’s money supply falls to N118trn in Sept 2025 – CBN

Nigeria’s money supply (M²) fell month-on-month to about ?118 trillion in September 2025, down from ?119.7 trillion in August, according to the Central Bank of Nigeria (CBN).

The apex bank disclosed this in its Money and Credit Statistics Data for September 2025, attributing the decline primarily to a drop in banks’ credit to the economy amid continued monetary tightening aimed at curbing inflation.

According to the report, overall credit to the economy fell by 2.1 per cent month-on-month to ?96.7 trillion in September from ?98.8 trillion in August, reflecting the CBN’s restrictive policy stance.

The decline was driven by a 4.4 per cent contraction in banks’ credit to the private sector, which dropped to ?72.5 trillion from ?75.9 trillion during the same period.

The impact of the contraction was only partially offset by a 5.67 per cent rise in credit to the government, which increased to ?24.2 trillion in September from ?22.9 trillion in August.

The CBN noted that the tightening of liquidity was part of its ongoing effort to tame inflation, which has remained stubbornly high despite multiple interest rate hikes. Since mid-2023, the Monetary Policy Rate (MPR) has been raised by over 800 basis points.

A breakdown of the data showed that Narrow Money (M¹) declined by 0.76 per cent month-on-month to ?39.1 trillion in September from ?39.4 trillion in August, while Quasi Money dipped by 1.99 per cent to ?78.7 trillion from ?80.3 trillion in the same period.

Similarly, Demand Deposits fell by 0.86 per cent to ?34.6 trillion from ?34.9 trillion, while Currency Outside Banks (CoB) was the only component that recorded an uptick – rising slightly by 0.45 per cent to ?4.47 trillion in September from ?4.45 trillion in August.

Analysts say the decline in money supply underscores the CBN’s firm stance on monetary tightening, even as the economy grapples with reduced liquidity and sluggish private sector credit growth.

Chelsea join European Chase for Nigerian youngster

Club World Cup champions Chelsea have entered the race to sign highly rated Nigerian winger Sani Suleiman, joining a host of European clubs monitoring the AS Trencin sensation, as reported by Tribalfootball.

Suleiman, 19, has been in outstanding form since returning to his Slovak club after representing Nigeria at the U20 World Cup. His recent assist against Skalica earned Trencin a valuable draw and saw him named in the Nike Liga Team of the Week.

Chelsea’s scouting team have reportedly requested updated information on the young winger, who is attracting growing attention across Europe. Suleiman’s contract runs until June 2026, with Trencin holding a two-year extension option, effectively securing his services until 2028 – a clause that strengthens the club’s hand in any transfer talks.

The Nigerian’s impressive displays have also drawn interest from Tottenham Hotspur, Rangers, and Bayer Leverkusen, alongside several Italian clubs making preliminary enquiries.

According to the CIES Football Observatory, Suleiman was recently rated the most complete U21 winger in the world, based on seven key performance metrics, and ranked among the top 200 U20 outfield players globally.

With his meteoric rise and increasing demand, this season could mark Suleiman’s final campaign at Trencin, as Europe’s elite continue to circle one of Africa’s brightest young talents.

Top 10 countries with highest petrol prices in October 2025

As of October 2025, petrol prices have seen significant variations across the globe due to geopolitical tensions, subsidy reforms, supply chain disruptions, and local tax policies.

Libya – ($0.028 / ?40.204)

Libya has the world’s cheapest petrol, thanks to heavy government subsidies and its large oil reserves. Despite ongoing political instability, petrol remains highly affordable domestically.

Iran – ($0.029 / ?41.670)

Iran maintains low petrol prices through state control and subsidies, using its vast crude oil resources. However, sanctions and smuggling issues continue to affect its energy market.

Venezuela – ($0.035 / ?50.986)

Once offering nearly free petrol, Venezuela still keeps prices extremely low through government control. Economic challenges and inflation persist despite the low cost of petrol.

Angola – ($0.327 / ?476.574)

Angola’s petrol prices remain relatively low due to its oil production capacity. However, recent subsidy cuts have slightly increased domestic petrol costs.

Kuwait – ($0.342 / ?498.682)

As a major oil exporter, Kuwait offers some of the cheapest petrol in the Gulf region. Citizens benefit from generous fuel subsidies supported by oil revenues.

Algeria – ($0.354 / ?515.492)

Algeria’s low petrol price is sustained by government intervention and its strong energy sector. The state heavily subsidises petrol to ease living costs.

Turkmenistan – ($0.429 / ?625.462)

Turkmenistan provides low-cost petrol due to state control of its rich natural gas and oil resources, though access can sometimes be limited.

Egypt – ($0.443 / ?645.786)

Egypt’s petrol prices remain low but have been gradually rising as the government scales back subsidies under economic reform programmes.

Kazakhstan – ($0.458 / ?667.883)

Kazakhstan, a major oil producer in Central Asia, keeps petrol prices relatively low. However, protests in 2022 over fuel price increases led to tighter state regulation.

Bahrain – ($0.531 / ?772.798)

Bahrain has one of the lower petrol prices in the Gulf but higher than its neighbours due to fewer oil reserves. The government balances subsidies with economic diversification plans.

’Realign reforms

Chemical and Non-Metallic Products Employers Federation has called on Federal Government to realign its reforms to avoid stifling private sector’s growth.

The federation raised concerns about the country’s business environment, calling for action to address rising energy costs, multiple taxation and weak infrastructure that continue to stifle growth in the industrial sector.

Speaking at its 46th AGM in Lagos, President, Chief Devakumar Edwin, painted an economy struggling under inflationary and structural pressures, but praised the resilience of manufacturers who ‘innovate, diversify and adapt amid daunting challenges.’

Some reforms, he said, are tax/fiscal policy, monetary policy, trade policy, industrial revolution, aviation sector and immigration policy reforms.

‘The removal of fuel subsidy and floating of the naira were intended for reform. But these escalated energy and import costs, raising operational expenses in industries. Despite the headwinds, members adapted, optimising resource use and exploring regional export markets, ‘ Devakumar said.

According to him, the non-oil sector, which includes manufacturing grew by 3.96 percent in 2024, yet this growth did not translate into improved competitiveness due to high input costs, multiple taxation, and limited access to foreign exchange.

The CANMPEF President acknowledged the Federal Government’s recent efforts to stabilize the economy, including the suspension of the Expatriate Employment Levy (EEL) and the introduction of the Nigeria First policy to promote local content and import substitution.

He also commended the issuance of N1.1 trillion Sovereign Sukuk bonds for road projects but cautioned that infrastructure development must move from ‘policy to practice.’

He added that, ‘A ‘Nigeria First’ policy must be matched with ‘Nigeria’s Infrastructure First’ to succeed. Poor road networks, unreliable power supply, and multiple taxes continue to inflate production costs. These issues must be addressed if local industries are to thrive.’

Edwin outlined CANMPEF’s strategic priorities for 2025 and beyond, emphasizing aggressive advocacy on infrastructure, development of local value chains, and strengthening member support systems.

‘The operationalization of the Dangote Refinery is a milestone. But we must build linkages that connect raw material producers to end-users for a resilient, self-sufficient industry.

‘Our vision is clear, to position the chemical and non-metallic industry as a pillar of Nigeria’s industrial renaissance,’ he declared.

Edwin further urged the Federal Government to harmonize regulatory functions, reduce energy costs, and prioritize industrial infrastructure.

The Federation also called on policymakers to partner more closely with industry groups in crafting policies that encourage investment, create jobs, and strengthen Nigeria’s manufacturing competitiveness.

In his own words, CANMPEF Executive Secretary, Femi Oke, presented a detailed report that described 2024 as ‘a year of perfect storms’ for manufacturers.

He cited the combined effect of global trade tensions, the aggressive monetary tightening by the Central Bank, the lingering fuel subsidy removal, and the 230.8 per cent electricity tariff hike as critical factors that worsened production costs and squeezed profit margins.

‘In April 2024, the Nigerian Electricity Regulatory Commission increased tariffs for Band A customers from N68 to N225 per kilowatt-hour. For an industry already battling fuel shortages and weak infrastructure, this was devastating. Many manufacturers are now questioning their sustainability.’

Oke noted that recurring fuel scarcity, protests over economic hardship, and high borrowing costs created a stagflationary environment that eroded industrial productivity.

‘The Monetary Policy Rate rose to 27.5 percent by Q4 2024, one of the steepest increases in our history,’ he added. ‘This has made access to credit for working capital nearly impossible for many firms.’

Both executives lamented the burden of overlapping taxes and regulatory levies imposed by multiple federal and state agencies.

His words: ‘Our members face a web of duplicative mandates from agencies such as NESREA, SON, NAFDAC, and numerous Lagos State regulatory bodies.

‘There is an urgent need to harmonize these functions to reduce cost and confusion,’ he said.

The Federation, he added, has intensified advocacy through partnerships with the Nigeria Employers Consultative Association (NECA) and continued dialogue with government agencies.

‘We remain committed to promoting a predictable regulatory environment.

‘A stable policy framework is the foundation of industrial growth,’ he said.