Lawmakers, INEC chart path for credible 2027 elections

Lawmakers, electoral officials, and civil society stakeholders yesterday commenced deliberations on the 2025 Electoral Bill to strengthen Nigeria’s democratic process further.

A three-day retreat in Lagos, jointly organised by the Senate and House of Representatives Committees on Electoral Matters, in collaboration with the Policy and Legal Advocacy Centre (PLAC) and supported by the UK Foreign, Commonwealth and Development Office (FCDO), brought together INEC officials, legislators, civil society representatives, and governance experts.

Chairman, Senate Committee on Electoral Matters, Senator Simon Bako Lalong, described the review as a ‘pivotal moment in Nigeria’s democratic journey,’ noting that credible elections were indispensable to public trust and stability.

‘A credible electoral system is the bedrock of democracy. Without it, participation diminishes, and governance loses legitimacy. We must evolve our laws to reflect emerging realities and the lessons of past elections,’ he said.

Key issues under review include the electronic transmission of results, early voting for security personnel and journalists, and stronger gender inclusion provisions.

Senator Abdul Ahmed Ningi (Bauchi Central) said lawmakers had held multiple consultations nationwide, gathering inputs for more than a year and a half.

‘We are determined to deliver a law that ensures every vote counts,’ he said.

A legislator, Tolulope Akande-Sadipe, called for mandatory inclusion of women in party leadership structures, arguing that ‘democracy cannot thrive while excluding half of the population.’

Representatives of PLAC and FCDO commended the National Assembly for sustaining the reform momentum, urging lawmakers to prioritise transparency and citizen participation.

INEC’s Festus Okoye presented citizens’ proposals for the 2025 Electoral Bill, highlighting the need for efficiency, accountability, and the protection of voter rights.

Speaker of the House of Representatives, Abbas Tajudeen-represented by Senator Abdulaziz Musa Yar’Adua-reaffirmed the legislature’s resolve to ‘deliver an electoral framework that stands the test of time and truly reflects the will of the Nigerian people.’

As deliberations continue, one message echoed among participants: the credibility of elections remains central to the survival of Nigeria’s democracy.

‘Our democracy must evolve beyond rhetoric,’ Senator Lalong concluded. ‘This is not just about passing another law-it’s about protecting the voice of every Nigerian voter.’

W’Cup 26 Play-Offs: Legends underscore threats of ‘blundering’ Nwabali to Eagles’ bid

In Nigeria’s recent 2-1 victory over Lesotho at the Peter Mokaba Stadium, Polokwane, goalkeeper Stanley Nwabali’s handling error allowed the Crocodiles to halve the deficit, and another moment of hesitation nearly cost the team a late equaliser.

Again, against the invading The Cheetahs of Benin Republic in Uyo, cameras captured him exchanging heated words with defender Calvin Bassey as the team walked off for halftime, a scene that drew concern from pundits. He also endured a difficult outing in the earlier tie against Rwanda, where lapses in communication raised questions about his concentration.

Former Super Eagles midfielder Edema Fuludu, a member of Nigeria’s 1994 Africa Cup of Nations-winning squad, did not mince words in his assessment.

Fuludu described Nwabali as ‘complacent’ and warned that his attitude could prove costly if unchecked.

‘The man has become complacent. I don’t know what he’s thinking now or what he believes he has achieved so far,’ Fuludu said in an interview with Sports Radio Brila FM. ‘Uzoho left, he came in and became the toast of Nigerians. Maybe he doesn’t understand that at this stage, we need total focus to get to where we want to be.’

Fuludu, who also played club football in Turkey with Altay in his heyday, believes that Nigeria’s qualification campaign has survived more on luck than cohesion in recent games.

‘He could have cost us the game against Lesotho. He should be spoken to in a language he understands. Complacency has set in and he cannot continue like that,’ Fuludu added, urging the coaching crew to intervene before public criticism escalates. ‘You know Nigerians; we don’t forgive easily.’

As Fuludu succinctly put it, ‘A tree does not make a forest.’ The Super Eagles’ ambitions, he said, depend not just on individual brilliance but on unity, accountability, and professionalism values the team must rediscover if Nigeria hopes to secure its seventh FIFA World Cup appearance.

Echoing that concern, Mamelodi Sundowns legend and former Nigerian international Muisi Ajao warned that unchecked emotions could derail Nwabali’s promising career.

‘I am astonished about his recent behaviour,’ Ajao told The Nation. ‘He seems to have suffered a slump in form, and his anger issues are not helping. That could affect his relationship with teammates and the technical crew, and that’s not healthy for him. He needs to work harder on his ball handling and reflexes and forget about those unnecessary antics.’

Meanwhile, former Nigeria international Mutiu Adepoju also weighed in, calling for improved communication within the team’s defensive setup. He noted that the goalkeeper’s temperament and lack of synergy with defenders could undermine the Super Eagles’ chances of securing a World Cup spot.

‘Nwabali needs to change his ways, all that communication breakdown and lack of composure might be what will stop us from getting what we want,’ Adepoju said.

The criticisms mark a sharp turn in public sentiment for a player once celebrated as a national hero following his heroics at the 2023 Africa Cup of Nations in Côte d’Ivoire, where his penalty-saving brilliance helped Nigeria reach the final. Since then, expectations have soared and the spotlight, once warm, has grown intense.

With Maduka Okoye of Udinese now back from suspension, competition for the Super Eagles’ No. 1 jersey could intensify ahead of Nigeria’s next round of matches.

While many still believe in Nwabali’s talent, voices within the football community are united in their call for renewed discipline, humility, and focus.

Lagos APC: ADC’s threat alarm unfounded

Lagos State chapter of All Progressives Congress (APC) has noted, with a mix of amusement and pity, the latest attention-seeking outburst from African Democratic Congress (ADC), accusing ‘Tinubu’s APC’ of trying to silence the opposition before 2027.

Spokesman Seye Oladejo, in a statement yesterday in Ogba, Lagos, said: ”Let’s set the record straight – you can’t silence what Nigerians have already tuned out. ADC’s statement is the political equivalent of a mosquito accusing a lion of roaring too loudly. President Bola Ahmed Tinubu and APC are too busy reshaping Nigeria’s destiny to bother about political spectators, who only appear during election season to make noise and vanish after the poll.

”While APC is building stronger structures, refining strategies and consolidating internal unity for more result-oriented governance, the opposition – led by the ADC – is preoccupied with compiling the names of members to expel from its already starving register. Its executives are now more concerned about who may ‘escape’ than who may join.

”It is laughable that a party which exists only on newspaper pages and WhatSapp groups claims to be ‘under threat.’ From whom, exactly? Nigerians have long moved on from empty political vessels. ADC’s brand of politics has no base, no followers, and no relevance – just a statement and a logo that may soon need a missing person’s announcement.

”Worse still, it is a strange and cynical brand of politics for a party to start preparing ready-made excuses for its imminent defeat before the polls. ADC’s strategy seems to be to blame its opponents in advance, while ignoring its own tragic flaws, internal chaos and complete lack of grassroots connection. You don’t lose elections because your opponents silence you – you lose because the people don’t believe in you.

”Under President Tinubu’s Renewed Hope Agenda, APC is too focused on results to be distracted by professional complainers. The only thing being ‘silenced’ in Nigeria today is failure, confusion and the politics of bitterness the opposition has perfected as an art form.

”ADC should stop hallucinating about persecution and start learning basic political arithmetic. You cannot accuse APC of silencing you when your own silence is self-inflicted and deafening – the result of irrelevance, disunity and absence of purpose.

”If ADC spends half as much time organising as it does issuing statements, perhaps Nigerians may actually remember it exists. But for now, its biggest electoral victory remains trending briefly on Twitter before vanishing into the fog of political obscurity.

”APC remains unwavering in its mission to build a nation of opportunities, unity and prosperity under President Tinubu. We will not be distracted by political comedians seeking attention through cheap drama.

”As for ADC, stop crying wolf; the nation has moved on.”

Lagos agency handled 8,000 abuse cases in 2024, says Executive Secretary

The Lagos State Domestic and Sexual Violence Agency (DSVA) handled over 8,000 cases of abuse in 2024, its Executive Secretary, Mrs. Titilola Vivour-Adeniyi, said yesterday.

Mrs. Vivour-Adeniyi announced this at a training the agency organised for Customary Court presidents in partnership with the Lagos State Judicial Service Commission (JSC) on how to effectively respond to sexual and gender-based violence (SGBV).

The training, which held at the Lagos Chamber of Commerce and Industry (LCCI), Alausa, Ikeja, brought together presidents and members of customary courts across Lagos.

It was meant to strengthen grassroots justice delivery and improve the handling of SGBV-related cases.

Mrs. Vivour-Adeniyi praised the Judicial Service Commission (JSC) for collaborating with the agency in the fight against sexual and gender-based violence.

The executive secretary emphasised the crucial role of customary courts as the first point of access to justice for many Lagos residents.

‘This engagement is not just another event on our calendar; it is a critical step in our collective mission to strengthen justice delivery, protect the vulnerable, and reaffirm the dignity of every citizen in Lagos State,’ she said.

Mrs. Vivour-Adeniyi recalled that the cases on the 2024 figure ranged from intimate partner violence and defilement to emotional and economic abuse.

Behind each statistic, the executive secretary said, ‘is a human story a survivor seeking safety, a child struggling to trust again, or a person seeking help to change their behavior’.

She urged customary court presidents to handle cases with empathy and sensitivity, stressing that justice often begins at the grassroots.

‘It begins when a survivor walks into a customary court and is met with empathy instead of judgment, timely adjudication instead of delay, and fairness instead of fear,’ Mrs. Vivour-Adeniyi said.

She stated that under Governor Babajide Sanwo-Olu’s administration, Lagos State has continued to demonstrate a strong political will to end gender-based violence through the T.H.E.M.E.S Plus Agenda.

According to her, the partnerships among DSVA, the judiciary, the police, and the civil society have improved access to justice for survivors.

The executive secretary urged participants to see their role as transformational, not just judicial, and to use their positions to promote zero tolerance for sexual and gender-based violence in their communities.

A key facilitator at the training and a sexual and gender-based violence expert, Mrs. Juliet Olumuyiwa, delivered a lecture on the topic: Understanding the Role of Customary Courts in Responding to Sexual and Gender-Based Violence Cases.

Addressing reporters, Mrs. Olumuyiwa explained that although customary courts do not directly adjudicate on SGBV cases, they often encounter such issues in matters like dissolution of marriage.

‘Their role is primarily referral. They can identify cases of gender-based violence, counsel survivors, and refer such cases to the DSVA for further management,’ she said.

The counselor emphasised the importance of believing survivors, avoiding discrimination or victim-blaming, and ensuring prompt referrals for medical, psychosocial, and legal support.

Mrs. Olumuyiwa also called for continuous advocacy and stronger laws to ensure offenders are held accountable.

‘If they do the crime, they should do the time. We must not encourage impunity. Supporting survivors and prosecuting offenders will help reduce the prevalence of abuse,’ she added.

We’ll fish out owner of truck in Akungba-Akoko auto crash – Ondo govt

Dr Kayode Ajulo (SAN), Ondo State Attorney-General and Commissioner for Justice, says the state has begun investigations into the ownership of the truck involved in a tragic accident that claimed many lives in the state.

Ajulo made this known in a statement in Lagos on Friday.

The Attorney-General, who expressed outrage over the fatal incident, said that Ondo State would prosecute the truck driver and his employers once they are identified.

‘In the controversy over ownership of the truck, what is inhuman is that the owner should have at least commiserated with the families of the dead but chose to be silent.’

The News Agency of Nigeria (NAN) recalls that an auto crash that occurred in the Akungba-Akoko area of Ondo State on Wednesday claimed the lives of 10 people, including a pregnant woman.

The crash involved a truck that allegedly lost control and rammed into some shops along the Owo-Akungba-Ikare Akoko Expressway, killing the victims on the spot.

The Attorney-General said the investigation is aimed at identifying the owner of the truck before prosecution can commence.

‘This is due to the controversy surrounding ownership of the truck, with many media houses initially reporting that it was owned by the Dangote Group.

‘Whoever owned the truck will be fished out and will be joined in the prosecution.’

He expressed anger over the alarming rise in fatal accidents involving trucks and other heavy-duty vehicles across Nigeria and in Ondo State.

‘These tragic incidents have claimed the lives of innocent citizens, including this recent devastating crash that took the lives of a pregnant woman, her child, and others.’

Ajulo condemned the reckless driving displayed by heavy truck drivers, declaring that such behaviour is utterly unacceptable and must be confronted immediately.

He reaffirmed the unwavering commitment of Governor Lucky Aiyedatiwa to safeguard Ondo State residents on the roads.

‘Enough is enough. The loss of lives due to criminal negligence can no longer go unchecked.

‘From this moment forward, both the drivers involved in these horrific incidents and the company itself will be held vicariously liable.

‘We will prosecute them to the fullest extent of the law for this criminal negligence.’

The Attorney-General called for an urgent and thorough review of the operational protocols of truck owners, including compliance with safety regulations and the training provided to truck drivers nationwide.

He urged the public to be vigilant and report any reckless driving incidents involving heavy-duty trucks, assuring that the state government remained committed to taking all necessary measures to enforce road safety and protect lives.

‘The lives of our people are paramount. We will not allow profit to take precedence over safety.

‘As the community grapples with its grief, the clamour for stricter regulations and accountability among commercial transport operators grows louder, demanding that such senseless tragedies be prevented in the future.’

He commiserated with the families of the deceased, assuring them that they would get justice.

Meanwhile, the Dangote Group on Thursday refuted the allegations linking it to the truck involved in the Akungba-Akoko, Akoko South-West Local Government Area of Ondo State road accident.

‘The company wishes to make it clear that the truck involved in the unfortunate incident does not belong to Dangote Group or any of its subsidiaries.

‘Verified vehicle registration details confirm that the truck with plate number JJJ 365 XB is owned and operated by an independent logistics company with no affiliation to Dangote Group,’ the statement read.

Alleged terrorism: Absence of case file stalls Nnamdi Kanu’s defence

A Federal High Court sitting in Abuja has given the detained leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, till Monday, October 27, to open his defence in the terrorism charges preferred against him by the Federal Government.

The trial judge, Justice James Omotosho, fixed the new date on Friday following Kanu’s complaint that his former lawyers, led by a former Attorney-General of the Federation (AGF) and Minister of Justice, Chief Kanu Agabi, SAN, had not released his case file to him for study.

When the matter was called, counsel to the Federal Government, Chief Adegboyega Awomolo, SAN, announced his appearance and told the judge that the business of the day was for Kanu to begin his defence as earlier ordered by the court.

However, no lawyer appeared for Kanu.

The IPOB leader, who entered the dock with a bundle of documents, announced his appearance for himself and thereafter informed the judge that his legal team, sacked on October 23, had not released the case file to him.

He said he was constrained to ask for an adjournment to enable him to obtain the case file and study it in order to prepare fully for his defence.

Besides, he said he intended to call 23 witnesses from within and outside the country and urged the court to issue an order to the Department of State Services (DSS) to permit the foreign witnesses to have access to him.

He also asked the judge to order the DSS to allow his lawyers to have access to him on non-working days, which was promptly granted by the court.

At this point, counsel to the Federal Government said Kanu’s complaint was strange because he had been in the courtroom for hours with his former lawyers.

Awomolo also reminded the judge of the six days granted to Kanu to open and close his defence in the matter and urged the court to strictly adhere to the order.

Justice Omotosho, in a brief response, said he was mindful of granting an adjournment because of Kanu’s claim of not having access to the case file.

The judge said the allegation that Kanu Agabi had not released the case file was strange and unbelievable but added that he would oblige the defendant an adjournment. He, however, warned against undue delay, especially the wastage of the court’s judicial time, adding that several other cases had suffered delays because of Kanu’s matter.

Justice Omotosho subsequently adjourned till Monday, October 27, for the IPOB leader to open his defence.

Justice Omotosho disclosed on Thursday that he had signed the witness summons requested by Kanu and that they were available for him to collect and serve on the said witnesses as required.

Kanu, in a notice to defend filed on October 21, listed the names of prominent Nigerians, including former and serving governors, ministers, military, and security chiefs, as his intended witnesses, whom he said should be compelled to attend court.

The IPOB leader also sacked all members of his legal team on Thursday and announced that he was willing and ready to conduct his case by himself.

Stakeholders call for stronger synergy between MUTAN, MSSN

An appeal has been made to members of the Muslim Teachers’ Association of Nigeria (MUTAN) and the Muslim Students’ Society of Nigeria (MSSN) to foster stronger collaboration in protecting the interests of Muslim students.

This call was made by participants at a MUTAN/MSSN parley held recently in Ikotun, Lagos State.

In a lecture titled ‘Sustaining Cordiality between MSSN and MUTAN’, the Coordinating Director of Education Quality Assurance, District IV, Alhaji Abdulfattah Salvador, emphasised the need for greater cooperation between the two bodies.

He expressed concern over the duplication of programmes and efforts by both organisations instead of embracing synergy.

‘Unity is the foundation of strength in Islam, and it is through collective effort that we achieve progress,’ he said, quoting Qur’an 3:103: ‘And hold firmly to the rope of Allah all together and do not become divided.’

Alhaji Salvador noted that the two organisations complement each other, with MUTAN members contributing maturity due to their advanced age, and MSSN members bringing in the dynamism of youth.

In a second lecture titled ‘Beyond the Paycheque: Building Resilience Through Multiple Streams’, Mrs Kafilat Salahudeen urged Muslims in paid employment to utilise their spare time after office hours to pursue additional income-generating activities.

Salahudeen, a recently retired Lagos State government official, highlighted possible ventures such as running extra lessons for students, merchandising and engaging in e-commerce.

She also encouraged Muslim teachers to make use of the MUTAN cooperative to access interest-free halal capital.

Adding his voice, the MUTAN Chairman for Education District I, Mr Ademola Adefajo, reiterated the call for greater collaboration between members of both organisations.

He particularly urged MUTAN members to be active in the association by attending meetings and participating in its activities, stating that better outcomes could be achieved through collective effort rather than individual action.

The event also featured the conferment of awards of honour for distinguished service on Alhaja Lateefah Raji, a retired school principal, and Mrs Kafilat Salahudeen, a retired director.

In her appreciation remarks, Alhaja Raji urged members of both MUTAN and MSSN to prioritise the welfare of students in all their engagements.

SON moves to enforce quality standards in Calabar free trade zone

The Standards Organisation of Nigeria (SON) has intensified efforts to ensure that all products manufactured within the Calabar Free Trade Zone (CFTZ) comply with national and international quality standards.

This follows the agency’s ongoing sensitisation programme for operators in the zone on its newly introduced Special Economic Zone Conformity Assessment Programme (SEZCAP) – a tailored initiative aimed at guaranteeing that products from Nigeria’s Free Trade and Special Economic Zones meet the Nigerian Industrial Standards (NIS).

Speaking during an interactive session with operators in the CFTZ, SON’s Director-General, Dr Ifeanyi Okeke, explained that the SEZCAP was developed to suit the unique operational environment of the Free Trade Zones, which he described as ‘a country within a country.’

Represented by Mr Akinware Ayodele, Deputy Director of the Mandatory Conformity Assessment Programme (MANCAP), Okeke said the new framework complements SON’s existing schemes, MANCAP for locally manufactured goods and SONCAP for imported products, by addressing the peculiarities of production within the zones.

‘Our goal is to ensure that goods produced in the free trade zones meet national standards, safeguard consumers, and contribute to Nigeria’s overall economic growth,’ Okeke stated.

He commended operators who have already been certified or are in the process of certification, noting that compliance with SEZCAP will not only promote consumer protection but also enhance investor confidence and the country’s industrial competitiveness.

In her remarks, Mrs Lydia Okaba, Head of Operations, CFTZ, applauded SON for the sensitisation initiative, saying it had clarified longstanding issues surrounding the applicability of MANCAP and SONCAP within the zone.

Okaba described the SEZCAP registration process as digital, faster, and more transparent than previous systems, but appealed to SON to consider a downward review of the certification fees pegged at ?2 million annually and ?1.5 million for renewal, which she said were high given current economic challenges.

Also speaking, Mr Nanik Mirpuri, Managing Director of Combination Industries FZE, lauded the SEZCAP initiative as timely and crucial for maintaining product credibility both locally and internationally.

Mirpuri, whose company has operated in the Calabar Free Trade Zone since 1997, revealed that Combination Industries was the first to register under the SEZCAP scheme and had previously partnered with SON to develop standards for its products – a demonstration, he said, of shared commitment to quality assurance.

While commending SON’s collaboration with investors, Mirpuri called for a ‘level playing field’ between manufacturers operating inside and outside the free trade zones, urging the agency to harmonise certification costs and regulatory expectations.

‘It is important that all manufacturers, whether within or outside the free trade zones, adhere to the same quality and compliance standards to maintain fairness and competitiveness,’ he said.

The SEZCAP initiative marks a significant stride by SON towards strengthening Nigeria’s industrial ecosystem, ensuring that goods produced within the country’s free zones are not only marketable domestically but also meet global export standards.

Shops, Mosque razed as Lagos govt demolishes Costain Market

Dozens of traders were displaced and properties worth millions of naira destroyed on Thursday following the demolition of the popular Costain Market in Lagos by the state government.

The operation, carried out by a combined team from the Lagos State Task Force, the Lagos State Traffic Management Authority (LASTMA), and the Kick Against Indiscipline (KAI), was led by the Special Adviser to Governor Babajide Sanwo-Olu on Transport, Mr. Sola Giwa.

Eyewitnesses said the officials arrived in the early afternoon with bulldozers and security operatives, dispersing traders and passersby with teargas before pulling down rows of shops, stalls, and a mosque. The sudden demolition left traders scrambling to salvage their goods as thick dust and confusion filled the air.

Many affected traders alleged that the demolition was executed without prior notice. ‘It was around 1 p.m. I was on my way to deliver goods to Victoria Island when I saw Task Force vehicles heading toward our shops,’ said Alfred Wisdom, a snack producer who claimed to have lost over ?5 million in cash and stock. ‘Before I could return, they had broken into my shop and carted away my weekly sales. They said my business was illegal. This is disheartening.’

Wisdom lamented that the incident followed closely after the Otumara community demolition, where over 500,000 residents were displaced just six months ago. ‘It feels like we’re being targeted. We got no notice, no chance to pack our wares,’ he added tearfully.

Religious centers were not spared. The Imam of the demolished Markaz-ul-Mahani Mosque, Ustadz Abdulsallam Olawale, confirmed that the mosque and several nearby structures were destroyed. ‘They said they were clearing commercial buses, but then turned on traders and worshippers,’ he said. ‘Many victims of the earlier Otumara demolition had stored their belongings here – all gone now.’

He appealed to the Lagos State Government for compassion. ‘We are pleading with Governor Sanwo-Olu to consider the human cost of these actions. Where do we go from here?’

A property owner and traditional leader of Otumara, High Chief Kehinde Kalejaiye, condemned the demolition, describing it as unlawful and excessive. He said the affected land had valid Federal Government allocation papers. ‘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.

4% FoB Levy: ‘Despite suspension, manufacturers still being charged’

The Managing Director of FAE Limited and Vice-President, Lagos Chamber of Commerce and Industry (LCCI), Princess Layo-Bakare Okeowo, has said that manufacturers are still being made to pay the 4 per cent Free on Board (FoB) levy, despite assurances of policy suspension by the federal government.

Responding to a question from the media on the controversial levy on Thursday, at the Lagos Chamber of Commerce and Industry’s (LCCI) Fourth Quarter Press Conference held in Lagos, the industrialist added that attempts, including a recent meeting between the Manufacturers Association of Nigeria (MAN) and men of the Nigerian Customs Service (NCS), to make the government see the harm in imposing such a levy, had not yielded the desired results.

Okeowo, who is also the Chairperson of BEST Board, argued that rather than suspend, the government should eradicate the policy since its implementation would go a long way in hiking operational costs, with such costs being passed on to the final consumers eventually.

‘Manufacturing is presently bleeding. Introducing such a policy at this time is a way of eating us up. It will, without doubt, add to the costs of operations, which will, at the end of the day, be passed on to the final consumer, because we won’t swallow it, we’ll pass it down,’ she stated.

She also expressed concerns that the introduction of the levy would put the nation’s manufacturers at a disadvantage on the global market, especially with the country being a member of the African Continental Free Trade Agreement (AfCFTA).

Speaking on the present state of the nation’s economy and the business community’s expectations of the last quarter of the year, President of LCCI, Gabriel Idahosa, expressed optimism that the stability in the forex market and the disinflationary trend being witnessed in the economy in the past few months would go a long way in boosting investor confidence.

The LCCI boss argued that a stable currency would go a long way in driving investment flow, since the average investor wants to invest in a stable environment.

‘The fact that the nation’s currency has been stable for some time now, for the first time in so many years, gives us hope. It gives the hope that the nation’s economy is gradually finding its footing and will continue to do so if some of those fiscal and monetary policies are sustained,’ he stated.

Idahosa, who also used the opportunity to unveil the Chamber’s new journal, Business Environment Journal, explained that the publication was to reinforce the Chamber’s belief that improving the nation’s business environment requires a collaborative effort among policymakers, private sector leaders, investors, and development partners.

‘Our goal with this journal is to inform that conversation with credible evidence, constructive analysis, and forward-looking recommendations,’ he added.