Abdulrazaq presents cheques to families of forest guards killed in Kwara

Kwara State Governor Abdulrahman Abdulrazaq has presented 80 million naira cheques to families of the forest guards and vigilante who recently lost their lives during encounters with kidnappers in Babanla, Oke Ode, and Eleyin of Ifelodun and Isin Local Government Areas of the state.

The governor also approved N100m support for the families of brave men in Edu and Patigi who died in an ambush in July by kidnappers as the former set out to confront them in the wake of abductions in the area.

Abdulrazaq saluted the bravery and patriotism of all the victims and prayed God to repose their souls.

The Governor had while presenting cheques to the families said: ‘We pray for the souls of the deceased. It was an unfortunate incident. They died in active service. Government cannot but sympathise with the families.

‘We will do the needful to keep supporting them and making sure that the state is safe, and our country is safe.

‘As you can see, the military has moved in with full force. We look forward to supporting the Nigerian Army and other security agencies as they chase the criminals out of the State.’

The meeting was attended by Chairman, Lower Niger River Basin Development Authority and a chieftain of APC from Asa, Abdullateef Gidado Alakawa; Senior Special Assistant to the Governor on Security, Alhaji Muyideen Aliyu; Chairman of Ifelodun, Alhaji Femi Yusuf; Chairman of Ilorin West, Mall Shehu AbdulRahaman Ladan; Chairman of Asa, Alhaji Shehu Yahaya; and families of the victims.

Alakawa and Yusuf, in their separate remarks, commended the Governor’s gesture, which they said will go a long way in ameliorating the suffering of the bereaved families.

They also lauded the governor for his unrelenting efforts to rout out criminals and restore a lasting peace in the affected parts of the State.

Meanwhile, the governor has supplied new logistics support, including fighting equipment and motorcycles, for the forest guards and vigilantes maintained by communities in the flash points.

The new logistics According to Rafiu Ajakaye, Chief Press Secretary to the Governor have positioned the forest guards and the vigilance group to better haunt down the kidnappers and defend their communities – a practical complement to the efforts of the conventional security forces.

Parthian Pensions set to disrupt pension landscape

After two decades without issuing a new licence issuance, the National Pension Commission (PenCom) has granted Parthian Pensions Limited a Pension Fund Administrator (PFA) licence, marking a major milestone for the industry.

Parthian Pensions aims to disrupt and redefine the pension landscape with cutting-edge technology, customer-first solutions, and the backing of the Parthian Group, a Nigeria’s leading investment house.

Speaking during a media parley with journalists in Lagos, the Group Managing Director, Parthian Group, Mr. Oluseye Olusoga said the newly established PFA has been positioned to be the alternative PFA of choice for Retirement Savings Account (RSA) holders seeking better return on investment and excellent customer service.

Olusoga stated that they are set to capture many Nigerians under the Contributory Pension Scheme (CPS), in line with the objective of the regulatory authority, PenCom.

The Managing Director, Parthian Pensions, Mr. Olufemi Odukoya on his part said they observed that over the years, some PFAs have lost their guards and they have come to fill it.

He stressed that their mission therefore is to secure a retirement lifestyle plan because everyone has a vision to enjoy after retirement.

He said the company has witnessed high level of acceptance in the few weeks that they commenced operations.

Speaking on what they will also be doing differently, Odukoya said they will build relationship, noting that this is part of what has been missing in the pension industry.

He said: ‘We want to focus on relationship building. We have identified the gap in this area. We will leverage on the best technology but we will also be there for our clients physically. In the few days we have gone to the market, we have achieved a lot in terms of acceptance and patronage.

‘Since the inception of the transfer window opened by PenCom, almost about N1.77 trillion has been moved across the PFAs by about 384,000 contributors. So you can imagine how much has been moved in one segment of the pension market. The other segment is registration of new RSAs. We have our own strategies that we will use to grow the market’.

He noted that with Parthian background in finance and asset management over the years, and they kind of promoters behind the Group, their clients can trust and assured that they are in good hands.

Agribusinesses decry emerging labour crisis

The agricultural sector is facing a deepening labour crisis as some growers struggle to find field workers amidst rising cultivation costs. Farmers are battling drastically increased prices for fertilizer, fuel, and pesticides that have surged.

Some reports indicate fertilizer prices have risen by over 200 per cent in a two-year period. The cost hike has been compounded by higher prices for farm labour and machinery, with total investment costs rising significantly across the country.

While the agriculture season is here, The Nation learned that growers are struggling to find workers. This, The Nation gathered, is impacting the agriculture industry. In the past, labourers from Benin and Togo were hired to work on farms in Lagos, Ogun, Oyo, Osun, and Kwara. Their growing popularity as efficient hands increased local farms’ appetite for them.

The number of such temporary migrants, who provided three to nine months of paid work, has grown ever larger. Some lived within the farms until returning home at the end of the harvest period. The Nation learned they were provided free accommodation and a motorcycle at the end of the season. However, the high cost of providing these incentives is now making it difficult for farmers to engage foreign workers.

Chief Executive, Agricultural and Rural Management Training Institute (ARMTI), Dr. Olufemi Oladunni, highlighted the overwhelming financial burden and logistical challenges now facing small-scale farmers across the country. ‘The crisis is having a direct and measurable impact on the nation’s food production targets. It’s affecting total productivity,’ he said. He painted a grim picture of older, small-scale farmers who are unable to bring their harvests to completion. ‘If you see some small, older farmers who start a farm, they will not be able to complete it. Because of shortage of labour to weed the farm.’ Referring to the difficulty in securing farmhands, he said farmers are facing the challenge everywhere. ‘It’s the same experience all over. The same experience,’ Oladunni stated, stressing that what farmers are now forced to pay for manual labour is ‘staggering.’

The ARMTI Chief Executive noted that traditional, non-cash forms of compensation-such as housing and feeding workers throughout the season and then rewarding them with a valuable item such as a motorcycle-are no longer sustainable or attractive. ‘So, those things [non-cash payment methods] may not be a good form of payment.The net result of these economic pressures is a pervasive manpower deficit. That is why shortage of farm labourers are there now,’ he maintained . Oladunni said the soaring cost and severe shortage of farm labour are posing an existential threat to agricultural output. The ARMTI Chief Executive pointed out that the reliance on manual weeding is exacerbated by the high cost of alternatives, adding, ‘Because agrochemicals are expensive.’ He underscored the urgent need for interventions-including greater access to affordable mechanisation-to safeguard the livelihoods of smallholder farmers and secure national food security. To keep pace with population growth and urbanisation, he said tackling the issue of farm hands is important if food production must increase.

Co-Founder , Cato Foods, Pelumi Aribisala, attributed the situation to the massive disruption in the foreign exchange rate and the steep rise in the cost of assets. According to him, these factors are crippling the farm labour market, forcing farm owners and workers into a payment stalemate that is severely impacting agricultural productivity.

He explained that the current state of farm labour is ‘a very difficult one right now,’ a struggle that began in the past year. The crisis, he continued, stems from the breakdown of a long-standing system where farmhands, often migrant workers from neighbouring countries such as the Republic of Togo, were paid at the end of the season with assets, primarily motorcycles.

‘You know before we used to pay with motorcycles.This system worked when the Naira’s value was low relative to their home currencies, making the motorcycle a coveted, high-value asset. However, the significant devaluation of the Naira has made this payment method untenable for farm owners. A motorcycle that once cost between N450,000 and N600,000 now goes for ‘only N1.5 million.So that is making agribusinesses or farm owners reluctant in paying with the motorcycle. Simultaneously, the farm workers are now reluctant in collecting cash,’ he noted. ‘Because by the time they get the cash back to their country, in the Republic of Togo, they don’t get up to what they should get,’ he stated. This, he indicated, has led to a major shift in worker demands. Instead of cash or an end-of-season asset, he said the workers now demand payment based on specific tasks completed. ‘So most of them now just want to work activity. They want to be paid for activity. which is very expensive,’ Aribisala stressed.

Okojie urges collaboration, innovation to tackle challenges in petroleum downstream sector

The Chairman, House Committee on Petroleum Resources (Midstream), Hon. Prince Henry Odianosen Okojie, has called for greater collaboration, innovation, and accountability to address the challenges facing Nigeria’s downstream petroleum sector, even as he commended ongoing reforms and strides made under the Petroleum Industry Act (PIA).

Speaking at the Annual Downstream Petroleum Resources Committee Conference held from October 13 to 14, 2025, Okojie said the theme of this year’s conference, ‘Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector,’ reflects both the progress recorded and the urgency of sustaining reforms.

He noted that Nigeria’s downstream sector has witnessed ‘significant transformation’ in recent years, citing the enactment of the PIA as a landmark achievement that ushered in transparency, efficiency, and investor confidence.

‘We’ve seen increased private sector participation, improved product availability, and the benefits of subsidy removal,’ Okojie said. ‘Equally important is our growing embrace of clean energy. The transition to cleaner fuels is no longer aspirational – it is a reality.’

According to him, Nigeria’s commitment to reducing carbon emissions and promoting sustainable energy aligns with its broader goals of environmental responsibility and long-term energy security.

However, Okojie admitted that major obstacles still hinder the full realization of the sector’s potential. These include inadequate infrastructure, particularly refining capacity, global price volatility, foreign exchange constraints, and the socioeconomic effects of subsidy removal.

He added that regulatory overlaps and inconsistent enforcement continue to complicate the industry landscape, stressing that ‘policy without execution is ineffective.’

‘Our citizens deserve a petroleum sector that delivers efficiently, transparently, and sustainably,’ he said.

To address these issues, Okojie called for renewed legislative and policy commitment to encourage investment in indigenous refining, modular refineries, and strategic reserves. He emphasized the importance of digitalization, data transparency, and stakeholder engagement in achieving sustainable growth.

He identified the Natural Gas Expansion Programme (NGEP) as a cornerstone of Nigeria’s energy transition agenda, describing natural gas as ‘cleaner, cost-effective, and abundant.’

‘Accelerating its adoption across transportation, power generation, and industry is essential,’ he said. ‘As a Committee, we are committed to providing the legislative support needed to build the infrastructure and market systems that will position gas as Nigeria’s fuel of the future.’

Reaffirming the Committee’s dedication to constructive oversight, Okojie pledged that the House would continue to promote legislation that empowers operators, safeguards consumers, and strengthens investor confidence.

‘We call for an enabling environment – one that fosters innovation, rewards investment, and protects stakeholders. Nigeria must be seen not as a risk, but as a destination of opportunity,’ he stated.

He urged consistency in policy, clarity in regulation, and integrity in implementation to ensure the downstream petroleum sector remains resilient and future-ready.

Concluding his remarks, Okojie called on stakeholders to go beyond discussions and commit to tangible action.

‘Let this conference be a catalyst for action. The downstream petroleum sector is too vital to our economy, too central to our daily lives, and too rich in potential to be left to chance,’ he said. ‘Together, let us celebrate, confront, and solve.’

Seyi gets kudos at 40

Security expert and peace advocate, Otunba Adejare Adegbenro, has congratulated Seyi Tinubu on his 40th birthday, describing him as a visionary leader and a shining example of responsibility and innovation among Nigeria’s younger generation.

In a goodwill message, Adegbenro praised Seyi for distinguishing himself through entrepreneurship, philanthropy and youth empowerment, noting he has carved an identity beyond being the son of the President.

He lauded Seyi’s humility, strategic thinking and commitment to development, saying his efforts continue to impact lives.

‘At 40, Seyi Tinubu has demonstrated maturity, compassion and leadership. He represents a generation of Nigerians, who are global in mindset yet deeply connected to national progress,’ Adegbenro said.

Adegbenro prayed for his continued success, wisdom and good health, hoping that the next phase of his life will bring even greater influence and contributions to society. He added that Seyi’s trajectory is an inspiration to many and a beacon of hope for the future.

Customs intercepts 49,500 litres of petrol

The Operation Whirlwind of the Nigeria Customs Service (NCS), has sealed Adeola Ade PLC Filling Station along Owode-Apa Road in Badagry, Lagos State, and intercepted 1,980 jerricans of Premium Motor Spirit (PMS) each measuring between 25 and 30 litres totaling 49,500 litres, within the Lagos and Ogun axis to forestall further diversion of national resources and to protect public safety.

The station’s staff, it was gathered, were reportedly caught filling plastic kegs with petrol, intended for illegal transport across the border and a suspect, identified as Adeola Ismail was apprehended by Customs operatives.

The operation was part of a week-long sting by Operation Whirlwind, a Customs task force operating in Zone ‘A’, which also seized seven vehicles used as means of conveyance, with a Duty Paid Value (DPV) of ?80,452,000.

Addressing reporters in Lagos yesterday, the National Coordinator of Operation Whirlwind, Assistant Comptroller-General , Kola Oladeji said the seizures were made within the last seven weeks following sustained surveillance and intelligence gathering operations.

Oladeji disclosed that the prohibited itens were discovered at several flashpoints in Badagry, Lagos, Ajilete, Ijoun, Ilaro, Owode Idiroko, Eree, Ado-Odo, and Obada Imeko in Ogun State.

The National Coordinator disclosed that the illegal products were carefully concealed and being prepared for illegal export to the Republic of Benin before his officers swooped on them and seized the items.

The successful interceptions, he added, forms part of the broader mandate of the special task force to tackle economic sabotage in the downstream oil sector and ensure that petroleum products remain available and affordable to Nigerians.

He stated further subsequently investigation traced links to a retail outlet identified as Adeola Ade PLC Filling Station, located along Owode-Apa Road in Badagry, Lagos State.

Upon inspection, he said, they discovered serious infractions bordering on improper handling, storage, and potential illegal sales of PMS. In line with existing laws and regulatory procedures, the filling station was immediately sealed to forestall further diversion of national resources and to protect public safety.

During a routine perimeter sweep around the sealed station, he said, operatives apprehended a male suspect later identified as Adeola Ismail.

He was arrested outside the crime scene following his suspicious behaviour and preliminary links to the illegal activities traced to the sealed premises. The suspect was subsequently taken into custody for questioning and profiling.

After 48 hours, upon representation by his legal counsel, he was granted administrative bail by the Legal Unit of the Federal Operations Unit (FOU Zone A), pending the conclusion of ongoing investigations.

Oladeji emphasised that the interception and enforcement action demonstrate Operation Whirlwind’s firm commitment to the Federal Government’s directive to dismantle smuggling networks, safeguard national resources, and promote transparency and accountability in petroleum product distribution.

He noted that the task force’s operations align with the policy direction of the Federal Government, which seeks to restore integrity to the downstream oil sector through effective monitoring, enforcement, and collaboration with other relevant agencies.

The Whirlwind Coordinator commended the Office of the National Security Adviser (ONSA), under the leadership of Mallam Nuhu Ribadu, for the strong institutional backing and support provided to the operation, as well as the Comptroller-General of Customs, Bashir Adewale Adeniyi and his management team for their strategic leadership and guidance.

He also expressed appreciation to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), field officers, and patriotic Nigerians who continue to supply credible intelligence that enhances the fight against economic sabotage.

He reaffirmed that the Customs led operation will sustain its surveillance efforts, deepen inter-agency cooperation, and promote public enlightenment on the dangers of smuggling and diversion of petroleum products.

Oladeji urged Nigerians to support the campaign by reporting suspicious activities to relevant authorities.

Tinubu’s pardons: When mercy offends the self-righteous

When President Bola Tinubu announced clemency and pardons for 175 individuals – including posthumous gestures to figures like revered Nigerian nationalist Herbert Macaulay, General Mamman Vatsa, and the Ogoni Nine – the usual storm of outrage was triggered.

Social media moralists, opposition opportunists, and even some well-meaning commentators cried foul. ‘Selective justice’, ‘outright injustice’ some said; others dismissed it as ‘a political move.’ Many scoffed at the symbolism, asking what good a pardon does for the dead. A popular joke online was ‘who will pardon the president?’

As more details of the beneficiaries were released, critics lighted upon the case of one Maryam Sanda who, five years ago, was convicted of stabbing her husband Bilyaminu Bello, to death over a domestic dispute. This was clearly a tragedy that had torn immediate and extended families apart. The wounds are still raw as is clear from the emotional statement released by victim’s family denouncing the government’s action.

For now, we may not know what made Sanda’s case so compelling that the committee chose her as a beneficiary given the gravity of her offence and the time spent so far in jail.

But in a climate of intense cynicism and partisanship, the usual suspects have piled on the president as though he, personally, spent months wading through the 40,000-plus inmate population, just to favour a select group of convicts. Beyond mischief-making, the critics are yet to make a convincing case of how showing mercy to these people benefits Tinubu politically.

Let’s be clear, this whole process is rooted in law – specifically, Section 175 of the 1999 Constitution, which grants the President the prerogative of mercy. The Presidential Advisory Committee on Prerogative of Mercy is chaired by the Attorney-General and Minister of Justice, Lateef Fagbemi. It has as members eminent lawyers, jurists and representatives of the following: Nigeria Police Force, Nigerian Correctional Service (NCS), National Human Rights Commission (NHRC), Nigerian Supreme Council for Islamic Affairs (NSCIA) and Christian Association of Nigeria (CAN).

They reviewed nearly 300 cases, interviewed over 100 inmates, and made recommendations. The final list included 82 inmates granted clemency, 65 whose sentences were reduced, and seven death-row inmates whose sentences were commuted to life imprisonment.

Among them were two living former convicts and 15 deceased ones who received posthumous pardons – including some whose names carry the weight of history: Macaulay, the nationalist branded seditionist by the British colonial government; Major General Vatsa, executed in 1986 on a treason charge; and the Ogoni Nine, whose execution under Sani Abacha remains one of the darkest moments in Nigeria’s history.

It’s easy to forget that the prerogative of mercy exists precisely because justice, however well-intentioned, is never perfect. Courts can make mistakes. People have spent decades in jail only to have their convictions overturned. And even where guilt is established, punishment without redemption breeds bitterness, not rehabilitation.

Clearly, imprisonment isn’t just about paying the price for crime it also aims at rehabilitating convicts. Little wonder the name Nigerian Prison Service (NPS) was changed to Nigerian Correctional Services (NCS) – highlighting this higher goal.

Critics who call this president’s action a political stunt overlook a few basic realities. For one, the committee’s criteria were clear: age, terminal illness, exemplary conduct in prison, evidence of remorse, and recommendation by correctional officers. Many of the beneficiaries are poor, forgotten people – men and women who have spent time behind bars, often for minor offences, and who have long ceased to pose any threat to society. Some were convicted in their teens and have grown old behind bars. For them, clemency isn’t politics; it’s mercy long delayed.

Periodic acts of mercy are not indulgences; they are necessary pressure valves in an overburdened justice system. It’s no coincidence that every democratic government since independence has exercised this power at one point or another. Former President Olusegun Obasanjo did. Umaru Yar’Adua did. Goodluck Jonathan did. Even Muhammadu Buhari – not exactly famous for sentimentality – did.

In November 2002, Obasanjo pardoned 80 secessionist soldiers who fought against Nigeria during the 1967-1970 Civil War. On October 1, 2004, he showed mercy to 62 convicts. In March 2013, Jonathan pardoned his former boss, Diepreiye Alamieyeisegha, who had been jailed for two years for embezzling state funds. At the time of his arrest in September 2005, British Metropolitan police found about £1million in cash in his London home.

All over the world presidential pardons are often controversial. Former U.S. presidents Bill Clinton and Joe Biden got many tongues clucking by granting clemency to relatives and dodgy characters. Donald Trump hasn’t been a slouch either in this department. Still, the tsunami-like criticism that has greeted Tinubu’s action just seems overdone.

We can put that down to our selective outrage. We are perfectly fine when governors release prisoners during festive seasons, but become irate when the President does same on a larger scale. When our preferred political figures, ‘freedom fighters’ and secessionist leaders are jailed, we demand mercy and beg for their release – even when their guilt is yet to be established in court or innocence proven. When the same mercy is extended to others, we sneer.

Take the posthumous pardons. Some have dismissed them as empty symbolism – too little, too late. But it matters. Pardoning Herbert Macaulay or the Ogoni Nine isn’t about rewriting history; it’s about acknowledging it. It’s a way of saying: yes, the state once erred, and we recognise that injustice now. That has moral value. It’s an act of national memory – a small but significant gesture toward reconciliation.

In a country where successive governments have buried their mistakes rather than confront them, such acts should be welcomed, not mocked. We cannot, on one hand, demand that Nigeria reckon with its colonial and military pasts, and on the other, scoff when it takes even a modest step toward that reckoning. That’s hypocrisy, plain and simple.

There’s also the criticism that some of the pardoned, like former House of Representatives member Farouk Lawan, don’t deserve mercy because their offences – in this case, bribery – represents the rot in our politics. Fair enough. But mercy was never designed for the innocent alone. The guilty, too, are human. If the law gives room for clemency, it’s because society recognises that punishment can correct but should not dehumanise.

Those who worry that such gestures undermine deterrence misunderstand the balance between justice and mercy. Clemency doesn’t erase guilt; it acknowledges transformation. It says: ‘You have paid enough.’ And that message, when applied transparently, strengthens rather than weakens the moral authority of the state.

Of course, there’s always the danger of abuse – of political allies being rewarded under the guise of compassion. Nigeria has seen that before. But the answer to possible abuse is not to abandon mercy altogether. It is to ensure transparency, clear criteria, and a functional justice system that works fairly from the start.

If anything, Tinubu’s move was balanced. It wasn’t a blanket amnesty. It mixed the symbolic with the practical, the famous with the forgotten. It reached backward into history and forward into the present. That’s not cynicism – that’s an attempt at a moral statement.

We might also consider what kind of society we want to be. One obsessed with punishment, or one capable of compassion? For all our public displays of religiosity, we are quick to condemn and slow to forgive. The same people who chant ‘Lord have mercy’ on Sundays become self-appointed hangmen by Monday. Yet no nation ever healed when obsessed with vengeance.

In the end, the outrage over these pardons says more about us than about the President. We distrust power so deeply that we can no longer recognise sincerity when it appears. We assume every gesture has a hidden motive, every policy a sinister plot. That cynicism, understandable as it may be, sometimes blinds us to what is plainly good.

Tinubu’s pardons will not fix Nigeria’s justice system. They won’t end overcrowded prisons or erase the wounds of the past. But they are a small reminder that mercy, too, has a place in governance.

Bamidele: N’Assembly to pass new Electoral Act Bill before Dec

The ongoing amendment to the Electoral Act 2022 will be concluded on or before December, Senate Leader Opeyemi Bamidele has said.

He said the National Assembly will ensure its use for the 2027 general elections.

Bamidele, who represents Ekiti Central, said the delay in signing the final amendment to the last Electoral Act by the Muhammadu Buhari administration was due to the late transmission of the bill to the Presidency by the National Assembly.

He gave the assurance yesterday in a statement after Senate President Godswill Akpabio read a letter from President Bola Ahmed Tinubu seeking the confirmation of Prof. Joash Amupitan (SAN) as Chairman of the Independent National Electoral Commission (INEC).

Bamidele recalled that the National Assembly had earlier sent an amendment bill to the then President, which was signed into law.

However, efforts to correct identified lapses – particularly the disenfranchisement of statutory delegates – were halted because Buhari declined assent, citing the proximity of the 2023 elections.

‘He observed that he did not want to be misunderstood by the public. That was why the bill was not signed then,’ Bamidele said.

‘Between now and December 2025, we will ensure the amendment of the Electoral Act 2022 is completed so it will not be too close to the 2027 elections.’

On the ongoing review of the 1999 Constitution, Bamidele expressed confidence that the process would succeed, noting that relevant stakeholders – including the Nigeria Governors’ Forum (NGF) and the Conference of Speakers of State Legislatures – were fully engaged.

The senator, who is Vice Chairman of the Senate Committee on Constitution Review, dismissed fears of executive interference.

‘I do not envisage any resistance because public institutions are working with the National Assembly. Global best practices will guide the process, especially in domesticating international treaties and agreements,’ he said.

On opposition criticism, Bamidele said such was expected in a democracy.

‘They would love to see the ruling party in disarray, but our focus remains on rebuilding Nigeria, stabilising our polity, and growing the economy. We will not be distracted,’ he added.

Governor hails drivers at Onitsha rally

Governor Chukwuma Soludo of Anambra State has described drivers and transport unions as critical stakeholders in the state’s economic growth and development.

The governor made this remark during the official endorsement of his re-election bid by all transport stakeholders in the state at a mega rally held at the Chuba Ikpeazu Stadium, Onitsha North Local Government Area.

He noted that while drivers contribute significantly to the economic development of Anambra, they are also among the key beneficiaries of his administration’s initiatives.

‘My deputy and I appreciate you, not only for your support but also for the vital role you play in driving the economy of the state. You are the lifeline of Anambra’s economy,’ he said.

Soludo highlighted his administration’s efforts in road infrastructure, noting that the repairs and reconstructions have reduced the constant need for vehicle maintenance.

‘We have fixed many roads, making it less necessary for constant visits to mechanics. You are partners in the progress of Anambra State’s economy.

We fixed the roads to boost the economy so that the common man can live happily and survive with less stress.

Many market women, drivers, and other stakeholders in the transport sector have acknowledged the positive changes in Anambra under my leadership,’ he added.

Expressing concern over reports of continued extortion by individuals posing as government agents, Soludo warned against any form of illegal levy collection. He pledged to establish a task force to clamp down on those extorting drivers and traders.

‘Don’t pay any money outside the officially approved government rates. All payments should be made through the government’s digital platforms.

We must also obey traffic laws and regulations. Traffic offences are serious. If you obey traffic laws, nobody will harass you.

Anyone who flouts these laws should not only be punished but also undergo a mental evaluation. Disobedience can lead to death, and we don’t want deaths on our roads,’ he cautioned.

Commissioner for Transport, Mrs Patricia Igwebuike, said the rally was organised to demonstrate the transport sector’s support for Soludo’s re-election, acknowledging his achievements in the sector.

‘The transport sector is the biggest beneficiary of the Solution Government. The governor has constructed over 1,000 kilometres of roads, and transporters are enjoying them. They no longer visit mechanics frequently,’ she said.

Coordinator of the Anambra Drivers Forum and Head of the Media Sub-Committee of the event, Comrade Osita Obi, also commended Soludo for his sweeping reforms, which he said have restored order, dignity, and accountability to the state’s transport sector.

IMF flags illicit flows as major threat to Nigeria’s revenue

The International Monetary Fund (IMF) has raised fresh concerns over illicit financial flows (IFFs) from Nigeria, warning that they are exacerbating the country’s already strained revenue position and undermining efforts to achieve fiscal sustainability.

Speaking at the 2025 IMF-World Bank Annual Meetings in Washington, Kristalina Georgieva, IMF Managing Director said the Fund is increasing its focus on tracing and curbing illicit flows, particularly in countries like Nigeria where revenue mobilisation remains a critical challenge.

‘We believe that for countries like Nigeria, the IMF’s renewed focus on tracing illicit financial flows could provide a blueprint for plugging the fiscal leakages that have long undermined revenue generation and sustainable growth,’ Georgieva said.

Illicit financial flows – which include stolen public funds, proceeds from corruption and criminal activity, and anonymous digital transactions – are costing developing economies billions of dollars annually.

In Nigeria, the problem has taken on heightened urgency as the country faces rising debt servicing costs, declining oil revenues, and limited fiscal space to fund development priorities.

Georgieva described IFFs as a global threat that is especially harmful to developing countries. ‘You may have money, just plainly stolen money that belongs to the taxpayers. You may have private money directed for criminal activities undermining the welfare of citizens,’ she said. ‘Now with digital money, criminal activities can be funded without being traced. This is a serious problem, and we have to take it as such.’

While illicit flows are not new, the IMF said their nature has become more complex. A recent policy briefing from the Fund highlighted how IFFs now range from traditional embezzlement and trade misinvoicing to modern methods such as the misuse of cryptocurrencies and digital platforms for anonymous cross-border transactions. Officials noted that weak enforcement, limited oversight, and institutional gaps continue to allow such practices to thrive.

In response, the IMF has stepped up efforts to integrate anti-corruption and financial integrity assessments into its core operations. ‘Following the money has now become a compulsory part of the IMF’s annual Article IV consultations – the standard economic health check for member countries,’ Georgieva said. ‘This ensures that the Fund routinely assesses each nation’s exposure to illicit flows and financial integrity risks.’

The IMF also confirmed that any financial program involving countries with systemic IFF vulnerabilities would now include specific corrective measures. Technical assistance, policy advice, and targeted training are being extended to help governments detect and respond more effectively to suspicious transactions.

Nigeria, Africa’s largest population, has long struggled with revenue underperformance. Non-oil revenues remain low by global standards, and a significant portion of potential tax income is believed to be lost to illegal outflows and corruption. Government efforts to reform tax administration and improve compliance have made some progress, but leakages persist.

Georgieva said the IMF was also supporting governments through its Governance Diagnostics initiative, aimed at identifying institutional weaknesses that enable corruption and financial crimes.

‘The governance diagnostic is not an audit; it is about identifying vulnerabilities in the institutional setup – the breeding grounds for problems – and proposing reforms to address them,’ she explained. She emphasised that reversing the tide of illicit financial flows will require collaboration beyond government agencies. Civil society groups, financial institutions, and international partners all have roles to play in promoting transparency and accountability.

‘We ask our teams to engage with civil society and non-government institutions because they often know where the vulnerabilities lie,’ Georgieva said. ‘Working together, we can build trust and achieve more.’

The IMF praised countries like Kenya and Sri Lanka for adopting collaborative frameworks to combat financial crime and reinforce good governance, and encouraged Nigeria to continue building institutional capacity to close fiscal gaps and restore investor confidence.