Changes In Nigeria’s Financial Infrastructure

Nigeria’s money systems changed big time over ten years. Banks got better. Payment apps grew fast. Rules shifted – all opening new forex paths but keeping tight controls on foreign currency reserves.

Huge population plus more tech use creates weird forex access situations. Internet hits maybe 70% of folks. City connections rock while village ones suck. Market setup matters when bad infrastructure messes with prices and trade speeds for Nigerian currency traders.

Banks Go Modern

Nigerian banks spent crazy money upgrading tech for international stuff. Big players now run online international transfers working in 24-48 hours to major money centers.

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Banking partnerships decide where Nigerian banks send money easily. Some banks talk directly to American and European places. Others need middleman banks costing more and taking longer.

Swift network lets Nigerian banks handle international payments like everyone else globally. But anti-money rules and customer checks? Add extra steps slowing things down.

Mobile banking exploded everywhere. Major banks built solid phone apps handling accounts and international transfers without visiting branches.

Infrastructure Quality by Region Payment Systems Grow

Nigeria Inter-Bank Settlement System handles local electronic payments and supports international transfer processing. This backbone makes international transfers for forex trading actually work fast and reliably.

Digital payment platforms blew up huge. Though connecting to international forex markets stays blocked by government restrictions. Local payment systems stick to domestic deals instead of international currency trading.

Crypto caught fire with younger folks wanting banking alternatives for international deals. But government confusion and periodic bans keep it from going mainstream for forex trading.

Fintech companies cooked up cool solutions for international payments and currency swaps. Though many work in legal gray areas making long-term survival sketchy.

Internet Problems

Fiber cables boosted internet speeds in big cities like Lagos, Abuja, Port Harcourt. These upgrades let people do real-time forex trading that sucked before because of crappy connections.

4G mobile networks cover most cities and lots of rural spots. Let trading forex from places without fixed internet. But data costs stay pretty high compared to rich countries.

Power problems mess with internet and trading platforms. Blackouts kill trading activities, especially where electricity sucks. Serious traders buy backup power gear.

Undersea cables along Nigeria’s coast bring international internet. Though few internet companies means higher costs and slower speeds than rich markets get.

Government Tech and Rules

Central Bank of Nigeria built electronic systems watching foreign exchange deals and making sure currency rules get followed. These systems control how fast international transfers work and what paperwork gets needed.

Know Your Customer rules got way more advanced. Banks using digital ID checks meeting international banking standards. These improvements cut account opening time while keeping government happy. Tech Use and Digital Skills

Urban Nigeria smartphone ownership hits rich country levels. Gives access to trading apps and platforms. But how well people use them? Varies a lot based on education and tech experience.

Computer ownership stays below smartphone numbers. Though internet cafes and shared computers let people access web trading platforms without owning personal computers.

Digital skills affect navigating complex trading platforms and understanding fancy financial concepts. Banks and fintech companies run education programs trying to improve digital financial skills.

Age gaps affect tech adoption – younger folks usually feel comfortable with digital financial services while older people prefer traditional banking relationships.

International Connections

Satellite internet gives backup connectivity for traders needing redundant internet access. Costs more than ground connections. But satellite prevents trading problems during infrastructure failures.

VPN usage grew among people seeking access to international services blocked through local internet providers.

International payment cards work differently across forex trading platforms – some Nigerian bank cards work internationally while others hit restrictions or higher fees. Professional traders often turn to established international brokers for better connectivity and more reliable access to global currency markets.

Time zones mess with when Nigerian traders get international customer support and market analysis. Most international services run during European or American business hours.

Bank Competition

Competition among Nigerian banks pushed improvements in international financial services as banks fight for rich customers needing fancy banking products.

International banks operating in Nigeria often offer better connections to global financial markets. Though services usually target wealthy individuals and big companies instead of regular customers.

Small banks and community banks mostly lack infrastructure supporting international forex trading. Limiting customer access to global currency markets.

Private banking for wealthy Nigerians includes international investment and currency trading support. Though these expensive services stay out of reach for most regular traders.

Future Trends

5G networks might improve trading speeds and enable fancier trading strategies needing super-fast connections. But 5G coverage will probably stay limited to big cities at first.

Blockchain tech might eventually make international payments and currency conversion smoother. Though government rules for blockchain stuff stay unclear.

Forex trading demo accounts help Nigerian traders practice strategies without risking capital while infrastructure continues improving.

Open banking projects could let Nigerian banks integrate better with international trading platforms. Though nobody knows when this happens.

More undersea cable capacity keeps improving Nigeria’s international internet connections. Maybe cutting costs and improving reliability for international financial services.

Security Stuff

Cyber attacks increased as Nigerian banks got more connected to international networks. Banks spend big money on security protecting customer data and financial deals.

Backup systems and disaster recovery vary among banks. Affecting how reliable service stays during infrastructure problems or security incidents.

Fraud prevention got way more sophisticated. Using AI and machine learning to spot suspicious stuff while not messing up legit transactions.

Nigeria’s financial infrastructure keeps changing to support better integration with international financial markets. Big progress happened in cities. But infrastructure problems still affect market access quality and trading conditions for lots of Nigerians interested in forex trading.

Medical Tourism Non-Existent, Politicised – Ex-Nigerian High Commissioner

Former Nigeria’s High Commissioner to the United Kingdom, Sarafa Tunji Isola, has described the concept of medical tourism as politicised and virtually non-existent.

Isola made this statement in Abeokuta, Ogun State, while responding to questions from newsmen at the 2025 Annual General Meeting (AGM) and Scientific Conference of the Islamic Medical Association of Nigeria (IMAN), Ogun State Chapter.

The conference was themed ‘The Training of Muslim Healthcare Professionals: Breaking Barriers, Building Bridges,’ with the sub-theme, ‘Healing the Healers: Burnout, Compassionate Practice, and the Muslim Healthcare Worker.’

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Speaking at the event, Isola argued that the term ‘medical tourism’ has been politicised, particularly when linked to public officials, while the private sector players largely escape criticism.

‘If you have an ailment and are referred abroad for treatment, and you can afford it or funds are raised for you, I don’t see that as medical tourism,’ he said.

Going memory lane, Isola said ‘In those days, people came from Saudi Arabia to receive medical treatment at the University College Hospital (UCH) in Ibadan. Was that medical tourism?’

He further emphasised that technological gaps have made international treatment inevitable in certain cases.

‘What you call medical tourism is virtually a political thing and non-existent.

‘But you know we live in an accountable society, if the private sector people do that then there’s no issue about it, it is only when public officials do that,’ he said.

However, the former Minister of Mines and Steel Development urged public officials to prioritise investment in Nigeria’s healthcare infrastructure.

Delivering the keynote address, Professor Ibrahim Uthman, from the Department of Arabic and Islamic Studies, University of Ibadan, highlighted the complex healthcare needs of Muslim communities, stressing the need for educational and intellectual initiatives that respect Islamic values.

He identified several challenges faced by Muslims in accessing healthcare, including pervasive stigmatisation,

shortage of competent Muslim healthcare professionals, islamophobia,

and called for strategic solutions to overcome them.

Professor Uthman called for partnerships between healthcare institutions, mosques, Muslim communities, and professionals, to promote a more patient-centred healthcare system.

He also advocated for healthcare training that equips staff with the awareness and skills to accommodate patients’ religious and cultural sensitivities.

In his remarks, the Ogun State Chairman (Amir) of IMAN, Dr. Ibrahim Opeewe, said the AGM focused on improving the welfare of members.

He said the event featured medical outreach activities, including free eye and dental screening, distribution of free eyeglasses and medications.

He reiterated the association’s willingness to collaborate with individuals, institutions, and organisations to provide accessible healthcare across the state.

W/Cup qualifier: Eagles in must-win clash with Benin today

Nigeria’s World Cup dreams hang by a thread as the Super Eagles prepare to face Benin Republic on Tuesday evening at the Godswill Akpabio Stadium in Uyo, in their final Group C clash of the 2026 FIFA World Cup qualifiers.

After a campaign filled with missed chances and frustrating draws, the Super Eagles find themselves in an unfamiliar position – needing both victory and a helping hand from other results to stay in contention for a place at the global showpiece.

Nigeria’s road to the 2026 World Cup has been rocky. Following their painful failure to qualify for the 2022 edition in Qatar – losing out to arch-rivals Ghana – few could have imagined the three-time African champions facing the possibility of missing out on consecutive tournaments for the first time since their World Cup debut in 1994.

Heading into this decisive fixture, Eric Chelle’s men sit third in Group C with 14 points from nine matches, having won three, drawn five, and lost one. They have scored 11 goals and conceded eight – a record that mirrors their inconsistency throughout the campaign.

Nigeria trail group leaders Benin Republic by three points and second-placed South Africa by one. To qualify automatically, the Super Eagles must defeat Benin by at least two clear goals and hope South Africa fail to beat Rwanda. Even if South Africa win, a two-goal margin could still hand Nigeria a playoff spot on goal difference.

Chelle’s side approach this encounter boosted by a 2-1 victory over Lesotho on Friday, courtesy of goals from William Troost-Ekong and debutant Akor Adams. However, the coach admits that their fate ‘is no longer entirely in their hands’ after a string of late lapses and wasted opportunities earlier in the campaign.

Meanwhile, Benin Republic are on the brink of making history. Under the guidance of former Nigeria coach Gernot Rohr, the Cheetahs top Group C with 17 points from nine matches (five wins, two draws, and two defeats), scoring 12 goals and conceding seven. Their most recent 1-0 win over Rwanda, thanks to Tosin Aiyegun’s decisive strike, solidified their position as surprise leaders.

Rohr’s men have defied expectations throughout the qualifiers – and notably handed Nigeria their only defeat of the campaign, a 2-1 win in June 2024, marking Benin’s first-ever victory over their West African neighbours after seven previous meetings.

Nigeria will be without Ademola Lookman, who is suspended after picking up his second yellow card in the 64th minute against Lesotho, triggering a one-match ban under CAF rules. Right-back Ola Aina also remains sidelined due to an injury sustained during the 1-1 draw with South Africa last month.

Despite these setbacks, Chelle has urged his team to stay positive.

‘The team remains focused and confident. Lookman’s suspension is unfortunate, but we have enough quality to compete effectively. Every player must be ready to step up,’ he said.

In midfield, Alex Iwobi is expected to once again dictate play, while Victor Osimhen, Nigeria’s top scorer in qualifying with three goals, will lead the attack alongside Tolu Arokodare. Moses Simon and Samuel Chukwueze are set to operate from the wings, with Troost-Ekong partnering Calvin Bassey in central defence and Stanley Nwabali continuing in goal.

For Benin, Steve Mounie will spearhead the attack, supported by Jodel Dossou, while the back four of Tamimou Ouorou, Olivier Verdon, Mohamed Tijani, and Yohan Roche remains unchanged. Marcel Dandjinou is expected to retain his place between the posts.

As both nations prepare for this decisive showdown, the stakes could not be higher. For Benin, it’s a chance to make history. For Nigeria, it’s a battle for redemption – and the desperate hope of keeping their World Cup dreams alive.

Nigeria’s economy has improved, Jimoh Ibrahim tells World Bank

Following a recent report by the World Bank, which estimated that 139 million Nigerians now live in poverty, the Senator representing Ondo South Senatorial District, Senator Jimoh Ibrahim, has stated that ‘President Bola Tinubu will not compromise Nigeria’s sovereignty in the face of economic outlook!’

Ibrahim, who spoke at the Parliamentary Engagement on the sidelines of the ongoing International Monetary Fund (IMF)/World Bank meetings in Washington D.C, yesterday, stressed the need for the multilateral institutions to acknowledge that the Nigerian economy has turned the corner.

He attributed the turnaround to the several reforms introduced by the Tinubu-led administration. He advised the institutions to stop downplaying reforms in one of Africa’s biggest economies.

President Tinubu, through his Special Adviser on Media and Public Communication, Sunday Dare, faulted the World Bank report, saying that the poverty figures must be ‘properly contextualised’ within the limits of global poverty measurement models.

According to the Presidency, the 139 million figure was derived from the global poverty line of $2.15 per person per day, set in 2017 using Purchasing Power Parity (PPP) and should not be mistaken for an actual headcount of poor Nigerians.But Ibrahim, who is representing the Nigerian Senate at the meetings, argued that the World Bank failed to take into consideration interventions by the Tinubu’s administration in poverty alleviation, especially with the N330 billion the government had disbursed to 8.5 million poor households.

He pointed out that some poor Nigerians received at least a tranche of N25,000 as conditional cash transfer through the National Social Safety Net Coordinating Office (NASSCO).

He pointed out that the social safety net programme, which even the World Bank approved $800 million for the Bola Tinubu administration, was designed for 15 million poor households at three instalments of N25, 000 each.

The Senator also pointed at Nigeria’s Renewed Hope Ward Development Programme, which he said aims to translate Nigeria’s macroeconomic reforms into real, grassroots benefits across all 8,809 wards nationwide.

The initiative, he added, also aims to stimulate economic activity, boost food security, generate jobs, and reduce poverty by directly supporting at least 1,000 economically active individuals per ward.

Varsities shut; ASUU rejects FG’s no-work-no-pay policy

The federal government yesterday directed all vice chancellors of federal universities to enforce the ‘no-work-no pay’ policy against lecturers participating in the ongoing warning strike of the Academic Staff Union of Universities (ASUU).

This is as the leadership of the ASUU has rejected the policy, saying its members cannot be intimidated.

The ASUU had on Sunday declared the two-week warning strike which took effect yesterday over unmet demands.

In a circular with reference number HME/FME/CORR.GEN./VOL.4/15, the Ministry of Education expressed ‘deep disappointment’ over the continuation of ASUU’s industrial action despite what it described as repeated appeals for dialogue.

The circular quoted the Minister of Education, Tunji Alausa, as ordering all vice chancellors to ‘strictly apply the provisions of the Labour Laws of the Federation,’ emphasizing that ‘no employee should receive remuneration for duties not performed during the strike period.’

To ensure compliance, the vice chancellors were instructed to conduct a physical headcount and roll call of all academic staff, prepare a detailed report identifying those who continued working and withhold salaries of staff who participated in the strike.

However, the ministry said members of the Congress of University Academics (CONUA) and the National Association of Medical and Dental Academics (NAMDA)-two breakaway unions not participating in the strike-were to be exempted from salary deductions.

The National Universities Commission (NUC) has also been directed to monitor compliance and submit a consolidated report to the Ministry within seven days.

Alausa urged the vice chancellors to handle the directive ‘with utmost urgency and a deep sense of responsibility in the national interest,’ stressing the need to safeguard the stability and integrity of Nigeria’s higher education sector.

We can’t be intimidated – ASUU

ASUU President, Chris Piwuna,last night said that the union would not bow to intimidation or threats.

Speaking on Channels Television’s Politics Today, he said the union remained united and resolute in its struggle in spite of the government attempts to the union through selective payment and threats.

‘We don’t respond to threats, and nobody can threaten us,’ Piwuna stated.

‘He is threatening us, writing to NAMDA and CONUA, telling them they can get their salaries. He wants to divide us, but we are united in this matter,’ he said.

The ASUU president noted that the union enjoys the solidarity of other major university and tertiary institution unions, including the Senior Staff Association of Nigerian Universities (SSANU), the Non-Academic Staff Union (NASU) and academic staff in polytechnics and colleges of education.

‘CONUA is with us, NAMDA is with us, SSANU is with us, NASU is with us. The polytechnics and colleges of education are also with us,’ he Piwuna said.

At the University of Jos, the ASUU’s chairperson, Professor Jurbe Molwus, told journalists yesterday that the ‘no work, no pay’ directive had become a familiar government tactic.

‘The issue of ‘no work, no pay’ is a concern, but it’s something we’re used to. We know that in a country like Nigeria, you dare to fight for your rights and dare to win,’ Molwus said during a congress meeting.

‘In a normal society, the leadership would normally do what’s right for the people, which is why you hear less of industrial actions by academics in other places.’

He alleged that the government’s intention was to stifle dissent and keep lecturers subdued through financial hardship.

‘We believe in what Martin Luther King said, ‘Freedom is not voluntarily given by the oppressor unless it is demanded by the oppressed.’ They want to force us to accept whatever they want. They want to force us to keep quiet. They want to gag us, and that is why they are keeping our salaries low with the kind of offers they’re making. We are going to reject it with the last strength we have,’ he added.

Despite the threat of withheld salaries, Molwus reaffirmed that the strike would continue until all of ASUU’s demands were met.

Total compliance across the nation

Across the country, universities observed near total compliance with ASUU’s two-week warning strike, bringing lectures, examinations and research activities to a halt.

At Ahmadu Bello University (ABU), Zaria, ASUU branch chairman, Comrade Haruna Jibril, confirmed that members had fully complied with the directive.

‘Though the strike is in its first day, I am optimistic that compliance will be 100 percent,’ he said after a congress meeting.

A visit to both the Samaru and Kongo campuses found empty lecture halls and deserted corridors. Students were seen loitering.

Hassan Adamu Kugu, a student of Library and Information Studies, said that some tests had taken place earlier in the day. ‘Maybe it is because the strike just started, but we wrote a test this morning. I think tomorrow’s test may not hold since the congress has now declared total compliance,’ he said.

Another student, Shafiqah Abdullahi, from the Faculty of Education, expressed frustration:

‘We have not had any lecture today. The lecturers were around but none entered the class. This development will not augur well for us, especially as final year students. We are the ones who will suffer most if the strike continues.’

At the Yobe State University, ASUU’s chairman Dr Ahmed Ibrahim Karage, confirmed readiness for full participation. ‘Yes, we are ready to embark on this journey. The strike started at midnight, and our members are ever ready to comply,’ he said.

Similarly, at the Federal University, Gashua, ASUU’s chairperson, Dr Melemi Abatcha, warned that members were prepared to extend the strike indefinitely if necessary.

‘All members are ready to comply with the directive of our national leadership. We will extend the strike to an indefinite one if the need arises,’ he declared.

Students afraid of indefinite strike

At Bayero University, Kano (BUK), students expressed fears that the two-week warning strike could escalate into a prolonged shutdown, similar to previous industrial actions that lasted months.

‘We are afraid that this warning strike may become a full-fledged strike,’ one student lamented, saying ‘We thought the issue had already been resolved. Why is it only in Nigeria that university students constantly face these challenges?’

Another student, Muhammad Umair, said: ‘The ASUU strike came unexpectedly. Although the government, as we heard, did not fulfill its promises, we hope the government will do something about it. However, we don’t support the strike because we need education and do not want any delay.’

At the University of Ilorin, known for its historically stable calendar, students were anxious. ‘I have not experienced a strike action since I got admission and this could be the first one if my school partakes,’ said Adeniyi Ikeade, a 300-level Social Works student. ‘I pray it doesn’t hold and a resolution is found,’ she added.

At the University of Maiduguri (UNIMAID), students were still writing exams when the strike began, sparking confusion and fear that their semester might be disrupted.

‘My final year examination is on the 17th of this month, and now the strike begins,’ said Luka Machiel, a 400level Economics student. ‘Going back home and returning is expensive. Let the government look into ASUU’s demands and solve this before it gets out of hand.’

A 300-level Mass Communication student, Nana Bawi, said: ‘The incessant strikes have tampered with the academic calendar. Many students are struggling to graduate because of economic hardship. Now that ASUU has started another strike, only God knows when it will end.’

We have met ASUU’s demands – FG

The Minister of Education, Dr Tunji Alausa, however, insists that the government has fulfilled all of ASUU’s demands and described the ongoing strike as unnecessary.

‘We have addressed every single request by ASUU; there is no need for this strike, and we are pleading with them to go back to school. If there is any group I have met with the most since assuming this position, it is ASUU,’ Alausa said during an interview on Channels Television’s The Morning Brief.

He said the government had released N50 billion to settle arrears of earned academic allowances, which have now been mainstreamed into lecturers’ salaries to prevent future backlogs. He also stated that the longstanding needs assessment fund had been addressed, with N150 billion approved in the 2026 budget – the first N50 billion already disbursed.

‘The president promised to release the funds in three tranches of N50 billion, and the first payment has been made. The money is sitting in the needs assessment account now,’ Alausa explained.

He also assured that promotion arrears and other allowances would be fully addressed in the upcoming budget, reaffirming the administration’s commitment to improving education.

NLC threatens to join forces with ASUU

The Nigeria Labour Congress (NLC) yesterday called on the government to halt its threats and reverse the ‘No Work, No Pay’ directive or risk a nationwide shutdown.

In a statement issued in Abuja, NLC President Joe Ajaero condemned the government’s approach as provocative and counterproductive.

‘This struggle extends beyond an isolated industrial dispute. It reflects a broader societal issue,’ Ajaero said.

‘While the children of the elite attend private institutions or study abroad, the children of the working class and the poor are left in a public education system being systematically weakened.’

He described the situation as a deepening of inequality. ‘This creates an educational divide that limits social mobility and perpetuates inequality. An educated populace is essential for a progressive nation, and the current approach appears designed to reserve quality education as a commodity for the privileged few.’

Ajaero declared full solidarity with ASUU, warning that the Congress would not hesitate to mobilise all workers in solidarity. ‘We call on the Federal Government to immediately set aside its threats and address the core issues in the negotiated agreements with ASUU,’ he said.

‘If, after this two-week warning strike, the government remains unresponsive, the NLC will not stand idly by. The choice is clear: honour the agreements and salvage public education, or face the resolute and unified force of the entire Nigerian workforce,’ he declared.

A long road of broken promises

Members of the Academic Staff Union of Universities (ASUU) and students across the country have lamented what they described as decades of government neglect of Nigeria’s public universities, calling on the Federal Government to take urgent and sincere action to save the nation’s higher education system.

A senior university lecturer and longstanding ASUU member, who spoke to Daily Trust on condition of anonymity, accused successive governments of treating education as an afterthought and showing ‘consistent insensitivity’ to the plight of Nigerian universities since the union’s formation in 1978.

‘ASUU was born out of frustration,’ the lecturer said. ‘The government had failed to prioritise education, and lecturers were forced to organise themselves to demand better treatment.’

Tracing the union’s history, he noted that ASUU’s struggles have often been met with repression rather than dialogue.

‘In the late 1980s, union leaders were arrested, and ASUU was banned. But we continued to speak out because the survival of the university system depended on it,’ he said.

He condemned the Federal Government’s recurring use of the ‘No Work, No Pay’ policy, which he described as a punitive measure against lecturers.

‘It’s not just about salaries. It’s about agreements that have been signed and ignored. Every time we go on strike, it’s because the government has failed to honour its own promises,’ he stated.

The lecturer said repeated strikes have weakened the academic calendar, driven many scholars abroad, and damaged public trust in the university system.

‘The intimidation of intellectuals is dangerous-it stifles freedom of thought and undermines democracy,’ he warned.

He called for a permanent dispute resolution framework and ‘genuine dialogue’ between the government and ASUU.

Background of ASUU strike

The Academic Staff Union of Universities (ASUU) on Sunday declared a two-week nationwide strike, citing the Federal Government’s persistent failure to address long-standing issues affecting the nation’s public universities.

According to the union, the industrial action is a response to years of unfulfilled promises and unresolved grievances, many of which have crippled the university system and worsened the welfare of academic staff.

At the center of ASUU’s demands is the conclusion of the renegotiated 2009 FGN/ASUU Agreement, which was meant to improve working conditions, university autonomy, and funding for research and infrastructure. The union insists that despite several rounds of negotiations, the government has failed to finalize and implement the agreement.

The ASUU is also protesting the victimization of academics at institutions such as Kogi State University (KSU) and Lagos State University (LASU), where some lecturers were reportedly penalized for union activities.

Another major grievance is the non-release of withheld salaries from the 2022 strike action. The union argues that lecturers who lawfully exercised their right to industrial action are still being punished through the government’s ‘No Work, No Pay’ policy.

Additionally, ASUU is demanding the payment of unpaid salaries for lecturers on sabbatical, part-time, and adjunct appointments, who have been affected by what the union describes as a flawed implementation of the Integrated Payroll and Personnel Information System (IPPIS).

The union is also calling for the remittance of outstanding third-party deductions, which include cooperative and welfare contributions that have not been forwarded to the appropriate bodies by the government.

Beyond salaries, the ASUU emphasizes the urgent need for adequate funding for the revitalization of public universities, stressing that decades of underfunding have left most campuses in deplorable conditions.

The union is also demanding the payment of arrears of the 25%-35% salary award approved by the government but yet to be implemented across many institutions.

Nasarawa gov’t releases N5bn for retirees’ gratuities

The Nasarawa State Government has released N5 billion for the payment of outstanding gratuities owed to retired civil servants from 2012.

The State’s Accountant General, Musa Ahmed Mohammed, made this known during a press briefing in Lafia.

He said, ‘Governor Sule’s administration had already settled outstanding payments from 1996 to 2011. The payment of the 2012 gratuities is to settle the 2012 gratuities of state and local government retirees.’ Mohammed said, ‘You’re aware that the governor approved N1 billion, another N1 billion and now we’re releasing N1.5 billion for the state retirees. Of course, we’re working on the release of N3.5 billion for the 2012 local government retirees.’

Boulter upsets Noskova at Japan Open

British number three Katie Boulter moved into the second round of the Japan Open after an impressive win over world number 17 Linda Noskova.

The world number 59 beat her Czech opponent 7-6 (7-3) 6-3 in one hour and 36 minutes in Osaka to set up a second-round tie against Romania’s Sorana Cirstea.

It was Boulter’s first victory against a top-20 opponent since beating Paula Badosa at Wimbledon in July.

Both players lost their serve three times in the first set but Boulter dominated the tie-break to take an advantage.

Boulter improved significantly in the second set, when she won 78% of points on serve compared to 51% during the first set.

2027: N’Assembly wants elections to hold earlier

The National Assembly has proposed an amendment to the 2022 Electoral Act to provide for the conduct of presidential and governorship elections six months before the expiration of the tenure of incumbents across the country.

If the proposed Act is eventually passed and assented to by President Bola Ahmed Tinubu, the next general elections would likely hold in November 2026 instead of February and March 2027.

The amendment proposal was contained in the Reviewed Highlights of the Amendment of the Electoral Act obtained yesterday by Daily Trust during a public hearing in Abuja. It stipulates that elections into the offices of the president and governors must be conducted ‘not later than 185 days before the expiration of the term of office of the last holder of the office.’

The hearing was organised by the National Assembly Joint Committees on Electoral Matters in collaboration with the Policy and Legal Advocacy Centre (PLAC), during which stakeholders, including lawmakers, political parties, civil society organisations (CSOs), and electoral experts, made extensive submissions.

The 10th National Assembly commenced the fresh round of electoral reform following the lapses witnessed in the 2023 general elections and mounting pressure from political actors, CSOs, and other Nigerians to improve the integrity of the process ahead of 2027.

According to the draft, the provision also extends to elections into the National Assembly and state Houses of Assembly, which must now be held ‘not later than 185 days before the date on which each of the Houses stands dissolved.’

It adds that where a vacancy occurs in any of the Houses more than 90 days before the general elections, such vacancy must be filled within 30 days of its occurrence. The amendment also seeks to align the new electoral calendar with constitutional changes to Sections 76, 116, 132, and 178, which now delegate election timelines to the Electoral Act rather than the Constitution.

Efforts to get reactions from the major opposition parties, the PDP, ADC and LP yesterday were unsuccessful.

Extended election timeline unnecessary – Rafsanjani

However, the Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani, criticised the proposal to hold elections six months before the expiration of tenure, describing it as ‘unnecessary and potentially counterproductive.’

He warned that the change could undermine the integrity of the process, allowing incumbents to use the extended transition period to frustrate successors. ‘If elections are held too early, incumbents might use the remaining months in office to pile up debts or make mass appointments. We’ve seen this happen in several states,’ he said.

Rafsanjani added that a long gap between elections and inauguration could heighten political tension and policy confusion. ‘Having such a wide period creates room for manipulation. Nigerians already have deep mistrust in the system. Extending the calendar will only worsen it,’ he warned.

Drawing a comparison with the United States, he said, ‘In the U.S., elections are held in November and the new administration takes over in January – barely two months apart. That’s how to ensure a smooth and accountable transition. But in Nigeria, we always find ways to complicate simple processes.’

He urged the National Assembly to weigh the implications carefully and prioritise national interest over political expediency. While supporting the need to conclude litigations before swearing-in, he argued that such could be achieved within the current timeframe.

Key highlights of the proposed Electoral Bill 2025

Highlights of the proposed law include the recognition of voting rights for inmates and the obligation on INEC to register eligible prisoners; the introduction of digital voter identification through electronically generated voter cards with QR codes; and tougher sanctions for electoral offences, including mandatory prison terms for falsifying results or obstructing election officials.

Other provisions include an expanded delegate framework for indirect primaries to standardise internal party representation, mandatory financial audits for INEC within six months of each financial year to promote transparency, and higher campaign spending and donation limits to reflect current economic realities.

The draft also provides for early voting for Nigerians whose official duties prevent them from voting on election day. Section 44(1) of the proposed Act stipulates that a date shall be set aside for early voting not later than 14 days before the main election. Security personnel, accredited journalists, INEC officials, domestic observers, and ad hoc staff are among those eligible.

In line with an existing court judgment mandating INEC to make provisions for prison voting, the bill further states that inmates shall be regarded as ordinary residents of the place where they are lawfully imprisoned or detained.

Another major amendment is in Section 65(2), which empowers INEC to review any declaration or return within seven days if it receives credible reports that such declaration was made under duress or contrary to established procedures.

Stakeholders push for electronic transmission

Meanwhile, various stakeholders at the hearing reiterated calls for compulsory electronic transmission of results in the next general elections.

Some participants also urged the National Assembly to adopt the recommendations of the Justice Mohammed Uwais 2008 Presidential Electoral Reform Committee.

However, Daily Trust observed that the proposed bill does not explicitly mandate electronic transmission, as the term ‘transmit’ is defined to include both manual and electronic means.

The amendment states: ‘Presiding officers are to transmit polling unit results, including the total number of accredited voters, to the next level of collation. This replaces INEC’s discretion to decide how results are transferred with a fixed duty. However, since ‘transmit’ is defined broadly, it does not guarantee electronic transmission.’

Professor Abiodun Amuda-Kannike (SAN) insisted on ‘real-time transmission of results’ to ensure credibility, adding that electronic voting should replace manual systems, while state electoral commissions should be scrapped. Similarly, Professor Abdullahi Seun called for the use of upgraded, legally bound technology in the next elections and advocated for holding all elections on the same day.

The Executive Director of the International Press Institute (IPI), Lanre Arogundade, called for electronic transmission of results directly from polling units to the INEC Result Viewing (IReV) portal, as well as diaspora voting. Representatives of the African Democratic Network and the National Human Rights Commission also echoed the same demand, stressing that electronic transmission was the desire of most Nigerians.

Representatives of civil society organisations also pressed for mandatory electronic transmission of results by INEC to enhance transparency. Speaking on behalf of the CSOs, Dr Akin Akingbulu said ambiguity around the current provisions must be eliminated to avoid future controversy.

He proposed that INEC should be required by law to test-run the technology to be used in an election within a defined period before polling day. The CSOs also backed proposals seeking the conclusion of all election-related cases before the inauguration of winners.

Akpabio, Abbas speak

Speaking at the hearing, Senate President Godswill Akpabio, represented by the Senate Chief Whip, Senator Tahir Monguno, said the amendment process was not a mere legislative routine but a vital part of Nigeria’s democratic evolution.

Speaker of the House of Representatives, Tajudeen Abbas, represented by the House Majority Leader, Hon Julius Ihonvbere, said the public hearing would help strengthen legislation and provide a legal framework capable of standing the test of time. He assured that the National Assembly would complete work on the amendment early enough for presidential assent ahead of the next general elections.

Chairman of the Senate Committee on Electoral Matters, Senator Simon Lalong, in his welcome address, said the proposal was aimed at addressing the challenges experienced during the 2023 general and off-cycle elections. He added that the new Act was designed to serve the collective interest of Nigerians and not any political party.

Lalong urged stakeholders to prioritise national interest over partisan considerations, saying the reforms were crucial to consolidating Nigeria’s democracy.

INEC seeks reforms for e-voting, diaspora participation

Representative of INEC and National Commissioner, Professor Abdullahi Abdul Zuru, said the commission had made 75 observations and 142 recommendations from its post-election review of the 2023 polls.

He said INEC was considering diaspora voting and early voting for Nigerians deployed on election duty, including security personnel and election officials. He added that the Commission had also proposed a review of Section 47(1) of the 2022 Act, which currently restricts voting to those with Permanent Voter Cards (PVCs).

‘We think the PVCs are no longer necessary in their current form,’ he said. ‘We are proposing electronically downloadable voter cards to make the process more accessible and remove barriers for eligible Nigerians.’

Zuru emphasised that INEC’s proposals aim to make the electoral process more inclusive, transparent, and technologically aligned with global best practices. ‘These are things that work in other countries. Why not Nigeria?’ he asked.

He commended the leadership of the National Assembly for initiating the amendment process, expressing optimism that the eventual reforms would strengthen Nigeria’s democracy and enhance public confidence in the process.

Delivering a goodwill message, the UK’s Foreign, Commonwealth and Development Office (FCDO) representative, Cynthia Roll, reaffirmed her country’s commitment to supporting Nigeria’s ongoing electoral reform process. She described it as a critical step toward a more transparent and credible democracy.

‘Today’s hearing is a testament to Nigeria’s commitment to its democratic processes and institutions,’ she said. ‘It reflects the progress made by the National Assembly in responding to citizens’ voices calling for a more transparent, inclusive, and credible framework.’

She praised the Joint Committee for providing a participatory platform for citizens and stakeholders to shape the nation’s electoral laws. ‘Public hearings give voice to citizens. They ensure reforms are designed not just for the people, but with the people,’ she noted.

Roll commended Nigeria’s democratic resilience, adding that ‘each election and civic debate adds a layer of strength to the country’s democratic story.’ Reflecting on the 2023 elections, she said the polls revealed both the strengths and lessons of Nigeria’s system, which the ongoing reforms aim to address.

‘The decisions made here will have far-reaching implications for campaign financing, electoral offences, early voting, diaspora participation, and dispute resolution,’ she said, urging lawmakers to ensure that credibility and inclusiveness remain at the core of the reforms.

She also pointed to the pending Senate confirmation of INEC’s leadership as another crucial step toward credible elections, describing the process as an opportunity for Nigeria to strengthen its institutions.

‘Democracy is never finished; it is a continuous act of renewal. As your partner, the UK stands ready to walk this journey with Nigeria,’ Roll concluded.

Gov Sule orders probe into land dispute that claimed 8 lives

Governor Abdullahi Sule of Nasarawa State has directed the heads of security agencies to investigate the root causes of a land dispute in Ndama village, Kokona Local Government Area, that resulted in the loss of eight lives.

The governor gave the directive during an expanded emergency security meeting held at Government House in Lafia, the state capital. The meeting followed recent communal violence in Ndama village and the increasing rate of kidnappings in Lafia, as well as the emergence of a new terrorist group in parts of the state.

Governor Sule commended security agencies for their role in protecting lives and property, stressing the need for proactive measures to mitigate security challenges in the state. He appreciated the Nigerian Police Force for sending additional officers to assist in combating criminal activities, but expressed concern over the granting of unnecessary bail to perpetrators of crimes. ‘We appreciate the Nigerian Police Force for sending additional officers to assist in combating criminal activities, but we’re concerned about how those who perpetrated criminal activities in the state are given unnecessary bail by constituted authorities,’ he said.

The State Commissioner of Police, Shettima Jauro Mohammed, noted that security agencies are working together to combat security challenges in the state.

He called for collective support from traditional and religious leaders, as well as members of the public, to provide useful information to security agencies. The meeting was attended by heads of security agencies, selected local government chairmen, and traditional rulers.

It would be recalled that the spokesperson of the State’s Police Command, Ramhan Nansel, has confirmed the death of eight people in a recent attack on the Nindama community in Kokona Local Government Area.

Declare Stealing Of Countries’ Mineral Resources International Crime, Tinubu Tells World Leaders

President Bola Tinubu on Tuesday called on African leaders to unite, join forces and push for the recognition of mineral resources theft from the continent as an international crime on the global stage.

He stressed that his call became imperative because such acts have become grave threats to regional peace, stability and development, adding that illegal mining and mineral smuggling are obvious international crimes.

Nigeria’s leader stated this at ECOWAS Secretariat, Asokoro, Abuja when he declared the Annual General Meeting of the Network of National Anti-Corruption Institutions in West Africa (NACIWA) open.

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Tinubu, who was represented by the Secretary to the Government of the Federation, George Akume, explained that such designation and proclamation would help affected countries to take drastic actions against the culprits.

Daily Trust reports that stakeholders in the security sector have attributed growing security challenges across the country with illegal mining activities going on particularly in Zamfara, Sokoto, Kebbi and some States in the Northeast.

The President’s call came amid rising concerns about illegal mining and mineral smuggling across West Africa, particularly in gold-rich countries such as Nigeria, Ghana, Burkina Faso and Mali.

Reports released by the Nigeria Extractive Industries Transparency Initiative (NEITI) had shown that billions of dollars worth of minerals leave the region each year through unregulated channels, depriving governments of crucial revenue.

Speaking during the general meeting, the President lamented that despite decades of independence, the region’s economic and political progress continued to be undermined by corruption and the looting of mineral resources.

According to him, the proceeds of such thefts do not only deprive citizens of development and benefits but also fund insecurity, the proliferation of small arms and light weapons, banditry and kidnapping across the region.

The President said, ‘West Africa’s post-independence economic and political trajectory is blighted by corruption, manifest in the theft and stashing of our commonwealth abroad by corrupt officials.

‘Even now, illicit outflows remain an odious miasma. Stealing of mineral resources is on the rise in the region, fuelling proliferation of small arms and light weapons, and other violent crimes such as kidnapping and banditry.

‘I believe that the time has come for us to designate resource theft, mining and stealing of minerals in the region as an international crime that threatens the stability of the region and galvanise the world against threats from stolen minerals from West Africa.’

He also urged NACIWA delegates to critically examine the extractive sector, financial intelligence sharing and anti-money laundering frameworks to strengthen accountability across West Africa.

‘I urge you all, in your deliberations, to examine critically the regional anti-money laundering frameworks, financial intelligence sharing mechanism, and accountability in the extractive sector across the region for a more prosperous and secure future,’ Tinubu added.

He further noted that no single country could win the battle against illicit financial flows, stressing that the challenge required a multi-state and multi-stakeholder platform to harmonise regional efforts against corruption and its manifestations.

Speaking on Nigeria’s anti-corruption strategy under his watch, Tinubu said his administration had prioritised tracing and recovery of stolen assets, introducing new legal frameworks for asset recovery and management.

He also commended the Economic and Financial Crimes Commission (EFCC) led by Ola Olukoyede for what he described as ‘its prolific’ record in asset recovery, urging member countries to share lessons from such efforts.

The President maintained that his government was committed to using recovered funds as ‘instruments of social inclusion.’

He revealed that N100 billion recovered from crime proceeds had been injected into the Student Loan Scheme and Consumer Credit Scheme, describing both as legacy programmes aimed at improving access to education and easing financial pressure on citizens.

The President reaffirmed Nigeria’s commitment to ECOWAS and regional anti-corruption cooperation, stressing that a united approach was essential to ending illicit financial flows and advancing good governance.

Also speaking, the Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, urged West African nations to domesticate the ECOWAS Protocol on Corruption, saying this would ensure that corrupt officials find no safe haven within the subregion.

Fagbemi, a Senior Advocate of Nigeria, said, ‘Let us domesticate the ECOWAS Protocol on Corruption so that thieves find no hiding place. The child who says his mother will not sleep will also not sleep, so also the corrupt who disturb the peace of nations must not find rest across borders.’

The minister proposed the establishment of an ECOWAS Regional Task Force on Asset Recovery, to be supported by NACIWA, to coordinate investigations and intelligence sharing among member states.

Fagbemi also stressed the need to guarantee the independence and adequate funding of anti-corruption institutions, warning that underfunded agencies were vulnerable to compromise.

‘The goat eats where it is tied. If we starve our institutions, they will be unable to resist corruption.’

Earlier, the Chairman of the EFCC, Ola Olukoyede, who also serves as President of NACIWA, said the fight against corruption in West Africa must be viewed within the broader context of political stability and social justice.

‘Distinguished colleagues, we must acknowledge the evolving landscape in which our institutions operate. Political transitions, security concerns, and governance challenges across several member states underscore that our fight against corruption cannot be divorced from broader considerations of political stability, institutional integrity and social justice,’ he said.