UK court dismisses P and ID’s case on cost

The UK Supreme Court has unanimously ruled in favour of Nigeria in a long-standing legal dispute with Process and Industrial Developments Limited (P and ID) over £44 million in legal costs.

The court’s decision, delivered on October 22 by Lord Reed (President), Lord Hodge (Deputy President), Lord Stephens, Lord Richards and Lady Simler, affirms that Nigeria is entitled to recover its legal costs in sterling (GBP) rather than naira (NGN).

The dispute arose from a contract between P and ID and the Federal Republic of Nigeria for the construction of a gas processing facility in Nigeria.

P and ID commenced arbitration proceedings against Nigeria, resulting in two awards totalling US$6.6 billion plus interest at seven per cent in 2015 and 2017.

However, Nigeria successfully challenged the awards under section 68 of the Arbitration Act 1996, citing fraud and public policy violations.

The UK Supreme Court held that an order for costs ‘is not intended to compensate for loss’ but rather represents a statutory indemnity for expenses incurred in litigation.

Since Nigeria incurred liability and made payments in sterling, the court ruled that a costs order in sterling was appropriate.

The court’s decision reaffirms the principle that costs are to be awarded in the currency in which the legal services were billed and paid, unless there are exceptional or abusive circumstances.

This ruling marks another significant legal victory for Nigeria in the long-running dispute with P and ID, following the country’s landmark success in overturning the US$11 billion arbitration award in 2023.

The decision also provides clarity on the currency in which costs should be awarded in international arbitration cases.

Sanwo-Olu throws weight behind Bodex Social Media Hangout team to become grand patron

The Executive Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu has thrown his heavy weight behind the Bodex Social Media Hangout (BSMH) team to become the initiative’s grand patron.

Sanwo-Olu made this known during a courtesy visit to the Governor by the team led by the convener, Bodex Hungbo, as part of activities leading up to the sixth edition of the Bodex Social Media Hangout (BSMH 6.0).

Themed ‘Social Media and A.I Influence: Transforming Yourself, Services, and the Society,’

The 2025 edition continues the platform’s mission to promote responsible media use, foster digital literacy, and empower social media users across Nigeria.

During the visit, the BSMH team expressed heartfelt appreciation to the Governor for his administration’s continuous support of media innovation and youth focused initiatives in Lagos State.

Hungbo noted that the Governor’s digital forward policies and open engagement with citizens have set Lagos apart as a model for digital governance and media inclusion in Africa.

Speaking at the meeting, the Governor emphasized that Lagos remains the heartbeat of innovation and creativity, and as a Governor who celebrates homegrown talent making global impact, he will continue to support platforms that amplify voices, shape narratives, and promote responsible digital engagement.

The highlight of the visit was the formal presentation of an official invitation to the Governor to attend BSMH 6.0 as a Keynote Speaker during the Grand Finale and the Grand Patron Award Ceremony.

In a statement, Hungo noted that Sanwo-Olu will be presented with the award for ‘Most Digital Media Friendly Governor of the Year’ during the grand finale in recognition of his visionary leadership and commitment to leveraging technology for public engagement and transparency in governance.

The Governor warmly accepted the honor, commended the BSMH team for their efforts in bridging the gap between social media and societal progress, and reaffirmed his administration’s commitment to supporting initiatives that promote responsible media use and digital growth across Lagos State.

Benin City to host Edo Carnival 2025 in December

Benin City, the Edo State capital, will come alive from December 21, 2025 to December 24, 2025 when it plays host to the Edo Carnival 2025, a four-day cultural fiesta showcasing music, dance, fashion, food, and tradition.

The event, which will be held at Garrick Memorial on Ekehuan Road, is expected to draw thousands of visitors, including culture enthusiasts, tourists, and residents.

Organisers said the carnival will feature cultural parades, traditional masquerades, live music concerts, and fashion shows celebrating Edo and African styles. Dance competitions and street performances will also add colour to the city.

Food lovers will enjoy a festival of delicacies that blends Edo favourites with Nigerian staples, while educational programmes such as seminars and training sessions will run alongside the entertainment.

One of the highlights will be the Miss Edo Carnival 2025 pageant, described as a platform to celebrate grace, intelligence, and cultural pride.

The festival will climax with a grand finale and fireworks display across the Benin skyline.

According to the organisers, Edo Carnival is designed not only as entertainment but also as a celebration of the state’s heritage and a platform to boost tourism and community

North Korea’s missile tests ‘is new hypersonic system’

North Korea said yesterday that its latest missile tests involved a new hypersonic system aimed at strengthening its nuclear war deterrent, as leader Kim Jong Un continues to build up weapons designed to overwhelm South Korea’s defenses.

The report by North Korea’s official Korean Central News Agency came a day after South Korea’s military said it detected the North firing multiple missiles from an area south of the capital, Pyongyang, and said they flew about 350 kilometres (217 miles) northeast before falling on land.

The tests came days before world leaders, including U.S. President Donald Trump and Chinese President Xi Jinping, are expected to gather in rival South Korea for the annual Asia-Pacific Economic Cooperation meetings.

The U.S. Forces Korea said in a statement that it was ‘fully aware’ of North Korea’s ballistic launches and also its ‘relentless pursuit of long-range missile capabilities.’ It urged the North to refrain from ‘unlawful and destabilising actions’ in violation of U.N. Security Council sanctions, adding that the U.S. commitment to its alliance with Seoul remains ‘ironclad.’

KCNA said the launches involved two hypersonic projectiles that accurately struck a land target in the country’s northern region. It described the system as strategic, implying that the missiles were designed to be armed with nuclear warheads.

KCNA didn’t specify the name of the missile system it tested. At a military parade earlier this month, Kim unveiled some of his military’s newest weapons, including what appeared to be a short-range ballistic system fitted with hypersonic glide vehicles.

North Korea in recent years has been testing various missile systems tipped with hypersonic weapons, which are designed to fly at more than five times the speed of sound. The speed and maneuverability of such weapons are meant to help them evade regional missile defense systems, but experts have questioned whether they have consistently flown at the speeds the North claimed during tests.

Pak Jong Chon, one of Kim’s top military officials who attended Wednesday’s tests, lauded the performance of the ‘new cutting-edge weapon system’ and said the North would continue efforts to bolster its war deterrent and defense capabilities.

During the Oct. 10 parade, Kim also unveiled a new intercontinental ballistic missile that state media described as the country’s most powerful nuclear asset, adding to his growing collection of weapons with potential range to reach the U.S. mainland. Experts say the North could be preparing to test the missile in the coming weeks, ahead of a major ruling party conference in early 2026, when Kim is expected to announce key policy directions, potentially including his approach toward the United States.

Kim has been sharply accelerating the pace of weapons tests since his high-stakes nuclear diplomacy with Trump fell apart in 2019 due to wrangling over the U.S.-led economic sanctions.

Wednesday’s launches were North Korea’s first ballistic missile tests since liberal South Korean President Lee Jae Myung took office in June, pledging to restore peace on the Korean Peninsula. But Kim has so far rejected Lee’s offer for talks and has said he won’t resume diplomacy with the United States unless Washington abandons its goal of denuclearizing the North.

Fed Govt adopts uniform prices for housing units

The Federal Government has announced a uniform price for all the houses under the Renewed Housing Programme.

The government yesterday stated that the prices across the country now stand at N8.5 million for a one-bedroom semi-detached bungalow, N11.5 million for a two-bedroom semi-detached bungalow and N12.5 million for a three-bedroom semi-detached bungalow.

The adoption of uniform selling prices aimed at promoting affordability, transparency, and fairness.

Also, it will ensure that Nigerians across all regions have equal opportunities to benefit from the Renewed Hope Housing Programme.

Minister of Housing and Urban Development, Ahmed Dangiwa, said that priority in the allocation of the housing units will be given to low- and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.

The Ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence and encouraged the public to be part of it.

On payment options, the Permanent Secretary, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and instalment payment plans. This according to him is to enhance affordability and ensure fairness for qualified Nigerians

Renewed Hope housing projects is a Federal Government housing initiative under President Bola Tinubu to provide affordable housing across the country. The programme includes large-scale ‘Renewed Hope Cities’ in each geopolitical zone and ‘Renewed Hope Estates’ in 30 states, with a total target of 34,500 units across the nation. Financing options like mortgages, rent-to-own, and public rental are available, and a new online portal has been launched to facilitate the process.

The nation’s current housing gap is estimated at 28 million units, with some experts suggesting the number could be as high as 50 million. This deficit is driven by factors like rapid urbanisation, a lack of affordable mortgage options, and high construction costs, making homeownership unattainable for many citizens.

Considering the gaps in the sector the Federal Ministry of Housing and Urban Development approved and announced uniform sale prices for housing units under its Renewed Hope Estate Programme across all states of the federation.

Firm’s painters’ forum empowers professionals with latest trends

MEYER PLC, paint manufacturer, has upskilled painters and others, in an interactive and empowernent outing, called the Painters’ Forum, in Lagos. It brought together painters from Abeokuta, Ibadan, Lekki, Badagry, and others.

The event served as a platform for the company to deepen its relationship with painters while unveiling innovations in its product range.

Managing Director, Henshaw Nwaorgu, introduced the firm’s latest product, Meyer Sleek Emulsion, and highlighted modern safety practice for painters as part of the company’s 2025 technical update.

Nwaorgu noted that the Meyer brand had undergone improvement over the years, assuring that the company would attain the apex of quality and customer satisfaction.

‘Meyer paints have improved, and this progress will not stop until we achieve the highest quality and ensure full satisfaction,’ he said.

He lauded painters for their loyalty and contribution to the company’s growth, describing them as ‘indispensable partners’ in Meyer’s success story.

The interactive session saw Technical Head, Makendi Ayodeji; National Sales Manager, Curtis Adekunle; and Eniola Kehinde engage participants on issues from product performance and safety standards to marketing strategies and the firm’s wall-satin paint.

Participants took part in a gift bonanza and lucky-dip, where winners got protective gear, tools, and other items.

A beneficiary, Mr. Ola, a Meyer user, described the forum as ‘one-of-a-kind.’ Having won a modern spray machine, he praised the brand’s quality and affordability, noting that his new tool now enables him to complete a three-hour job in just ten minutes.

Other participants lauded the forum for its practical insight, strong networking, and demonstration of Meyer’s commitment to uplifting the painting profession in Nigeria.

Key figures in PDP, SDP, AA defect to Ondo APC

The opposition camp in Ondo State became weakened yesterday, following the defection of prominent figures from the parties to the ruling All Progressives Congress (APC).

Notable leaders from the Peoples Democratic Party (PDP), Social Democratic Party (SDP) and Action Alliance (AA), under the umbrella of Nigeria Workstation, have formally joined the APC.

Among the defectors are the former publicity secretary of PDP, Kennedy Peretei; ex-chairman of Akoko North-West Local Government and SDP chieftain, Olutope Adebambo; and Mrs Rachael Ajayi, the 2020 deputy governorship candidate of SDP.

Others include Blessing Ologun, ex-assistant state treasurer of the PDP, and Omotayo Obolo, popularly called Mitchel, a former special assistant to ex-governor Olusegun Mimiko.

In a statement issued in Akure yesterday, Mr Adebambo, who serves as the director of Mobilisation of Nigeria Workstation, confirmed the final arrangements for the defection.

He said APC state Chairman, Ade Adetimehin, along with members of the state Executive Committee, would formally receive the defectors into the ruling party.

He added that Governor Lucky Aiyedatiwa would receive the ‘instrument of surrender” from the grassroots politicians, many of whom had posed a formidable challenge to his administration and APC in past elections.

The development is viewed as a significant political realignment expected to further strengthen APC’s dominance ahead of future elections in the state.

Wike: Africa trapped in poverty paradox

Federal Capital Territory (FCT) Minister Nyesom Wike yesterday decried what he called the pervasive culture of transactional and mediocre leadership across Africa.

He warned that the continent’s persistent underdevelopment, despite its vast resources, is a direct consequence of poor governance and self-serving politics.

Wike said this in a keynote address, titled: Reimagining Africa’s Leadership and Investment, he delivered at this year’s edition of Innovate Africa Conference held at the ECOWAS Conference Hall in Abuja.

The minister regretted that Africa’s leadership trajectory under military and civilian dispensations has for decades been shaped by ‘self-serving conspiracies that bear little or no relation to national interest or development priorities’.

He said: ‘Africa today stands at a historic crossroads. On one hand, we are blessed with immense natural wealth, youthful energy, and creative potential; yet, we continue to grapple with weak institutions, infrastructural decay, poverty, and widespread unemployment. This is the paradox of our age. How can a continent so richly endowed remain so constrained?’ he queried.

The minister, who was honoured with the Innovate Africa Leadership Award 2025 at the event, stressed that the decisive factor at the heart of the continent’s paradox lies in leadership, the kind that defines whether abundance becomes prosperity or stagnation.

‘Leadership remains the fulcrum upon which the destinies of nations turn. When leadership is visionary, accountable, and courageous, even the most daunting obstacles can be transformed into opportunities,’ he said.

Wike called for a deliberate shift from ‘transactional leadership’ which he described as one driven by personal gain, patronage, and short-term calculations to transformational leadership anchored on vision, service, accountability, and courage.

He said: ‘The time has come to move beyond transactional leadership to embrace transformational governance that empowers rather than exploits, serves rather than rules, and builds rather than blames.’

The former Rivers State governor noted that Africa’s post-independence experience has largely been one of ‘groping in the dark,’ as many leaders have emerged unprepared for the magnitude of national challenges before them.

He added: ‘Consequently, we keep experimenting with the fundamentals of development basic infrastructure, primary healthcare, credible institutions, and functional economies. The result has been decades of missed opportunities.’

Wike urged African leaders to rediscover the ethos of servant-leadership, noting that true leadership is defined by empathy, humility, and a shared sense of responsibility.

‘Africa needs servant-leaders, not bosses who command, but mentors who inspire. Leadership is not about power or position; it is about trust, service, and shared purpose,’ he said.

Drawing parallels between effective leadership and infrastructural renewal, the FCT minister cited ongoing transformations in Abuja as proof that vision backed by a political will can translate aspirations into tangible outcomes.

‘In Abuja, we have seen how infrastructural renewal, anchored on commitment and accountability, can redefine a city’s identity and inspire public confidence. Roads once impassable now connect communities, and abandoned spaces now thrive with enterprise,’ he said.

Wike praised President Bola Ahmed Tinubu’s ‘courageous and reform-driven leadership,’ especially the removal of fuel subsidy, which he said previous administrations lacked the political will to implement.

He maintained that the President’s efforts to decentralize governance, devolve development through regional commissions, and strengthen security institutions are laying the foundation for national transformation.

‘President Tinubu demonstrated uncommon courage by confronting Nigeria’s toughest challenge, subsidy removal a decision that is already yielding dividends in increased revenue for development and economic stability,’ Wike said.

Lagos monarch condemns Costain market demolition, calls action unlawful, inhumane

A property owner and traditional leader of the Otumara community, High Chief Kehinde Kalejaiye, has condemned the demolition of the popular Costain Market in Lagos by the state government, describing it as unlawful, excessive, and insensitive to the plight of struggling citizens.

Kalejaiye said the demolished land had valid Federal Government allocation papers, questioning the legality of the operation carried out by the Lagos State Task Force, the Lagos State Traffic Management Authority (LASTMA), and the Kick Against Indiscipline (KAI).

According to him, the destruction, which displaced dozens of traders and destroyed properties worth millions of naira, reflected a growing disregard for due process and human welfare.

‘This demolition is not only unjust but also heartless,’ Kalejaiye said. ‘Many of these traders have nowhere else to go. They are breadwinners who invested their life savings here. The government should have considered a humane alternative.’

Eyewitnesses said officials stormed the market in the early afternoon, dispersing traders and passersby with teargas before bulldozing rows of shops, stalls, and even a mosque.

A snack producer, Alfred Wisdom, who claimed to have lost over ?5 million in goods and cash, lamented that the demolition occurred without prior notice.

‘Before I could return from a delivery, they had broken into my shop and taken everything. They said my business was illegal. This is disheartening,’ he said.

Similarly, the Imam of the demolished Markaz-ul-Mahani Mosque, Ustadz Abdulsallam Olawale, confirmed that religious centers were also affected.

‘They said they were clearing commercial buses, but then turned on traders and worshippers. Many victims of the earlier Otumara demolition had stored their belongings here – all gone now,’ he lamented.

Olawale appealed to Governor Babajide Sanwo-Olu to show compassion and reconsider the human cost of such operations. ‘We are pleading with the government to act with empathy. People are suffering,’ he said.

‘The officials came in a commando manner, unleashing terror on innocent traders,’ he said. ‘When I tried to ask for an explanation, I was verbally assaulted. This must stop. It was when I challenged him and query why him, being an S.A to the Governor on Transport would meddle into property demolition that he called in officials of the Lagos State Task Force and KAI into the scene to embark on the demolition. This is nothing but misuse and abuse of government power and authority.’

As of press time, the Lagos State Government had yet to issue an official statement explaining the reason for the demolition or whether affected traders would receive any form of compensation.

Changemakers to compete for honours in future awards

The Future Awards Africa, an awards platform celebrating young African excellence, has announced nominees for its 19th edition.

The event: ‘Threads of Legacy,’ honours young changemakers whose work is shaping Africa’s tomorrow.

Nominees represent Africa’s brightest minds and talents – creators, tech enthusiasts, entrepreneurs, advocates, innovators, educators, and leaders breaking boundaries and weaving legacies.

In recognition of the diversity of young African achievement, this year features 25 categories, the most in its history. Arts and Literature have been split into two.

Performing arts has been introduced to celebrate expressions on stage, and Service to Young People (an honorary category) has been added to recognise individuals championing youth causes.

Ayodeji Razaq, awards executive director, said: ‘The story of Africa’s future is written today, thread by thread, through the work of these nominees.

They are artists, tech enthusiasts, entrepreneurs, advocates, and innovators whose achievements inspire and create legacies others can build on. Each name on this list is proof young Africans are not waiting for the future; they are shaping it. This is what the awards celebrate. We spotlight their stories, preserve their contributions as part of Africa’s collective memory, and excited for the mark they will leave on generations to come.’

This year’s list includes Rasheedat Ajibade, Fola David, Akinyemi Oluwaseun Omotayo (Asherkine), Victor Ugo, Poco Lee, Gbubemi Ejeye, Tomike Adeoye, Kelvin Umechukwu, Hauwa Shaffii Nuhu, and Dongio Casil (Djec fashion) from Cameroon, each representing the spirit of youth-led impact.

In Creativity and Innovation are Chiamaka Iwenofu, Umearigolu Casmir Chukwuebuka (Ianumeh), Taiwo Joel, Daniel Obasi (AMAH Studios) and Julie Godwin.

In Photography, there are Ayo Makinwa, Amazing Klef, Emeka Amafor, Thompson Ekong and Chika Onuu.

More categories are Education, Journalism, Content creation, Health and wellness, Community action, Arts, Literature, Activism and advocacy, Fashion and Law.

The list includes Film, Professional service, Entrepreneurship, Technology, Professional arts, Intrapreneurship, On air personality, Agriculture, Governance, Music, Sport, Acting, Service to young people and Young Person of the Year.

The judges will ensure a rigorous and transparent selection that reflects excellence.

It will celebrate innovation, courage, legacy; a reminder the future is here, and African.