Category: The Nation – Nigeria

Here’s to every Nigerian we have been a Padi of Life to, who has had the will to Fire On,

the joy to Taste The Ahmazing and the motivation to stay Thirsty For More.

HAPPY INDEPENDENCE DAY

SEVEN-UP BOTTLING COMPANY (SBC)

The Nigeria Immigration Service (NIS) announced on Wednesday that it would begin nationwide enforcement against persons who overstayed in the country in violations of visa amnesty granted by the government.

The expiration of the Federal Government’s three-month visa amnesty programme begins on October 1, 2025.

The crackdown targets foreign nationals who failed to regularise their immigration status during the grace period.

A statement by the spokesman of the NIS, Akinsola Akinlabi, warned that offenders would face fines, deportation, or lifetime entry bans.

‘With the expiration of the amnesty period, effective October 1, 2025, enforcement actions will commence nationwide against foreign nationals who have overstayed their visa or violated their entry conditions,’ Akinlabi said.

The enforcement covers a wide category of foreigners, including those with expired Visa on Arrival (VoA), expired single- and multiple-entry short visit or business visas, as well as holders of expired Comprehensive Expatriate Residence Permit and Automated Cards (CERPAC).

According to the NIS, foreigners who have overstayed by less than three months risk removal, a $15 daily fine, or a two-year entry ban.

Those who have overstayed between three months and one year face removal, a $15 daily fine, or a five-year entry ban. Overstayers of one year and above face removal, a 10-year entry ban, or a permanent ban from Nigeria.

The Service said the measures are aimed at safeguarding national security and ensuring lawful migration.

‘The Nigeria Immigration Service remains committed to enforcing the law, protecting national interests, and promoting transparency and efficiency across all immigration processes,’ Akinlabi said.

The Federal Government has reaffirmed its commitment to improving the welfare and recognition of teachers in the country.

The government gave the assurance ahead of this year’s World Teachers’ Day, with the theme: Recasting Teaching as a Collaborative Profession. The event is celebrated globally on October 5 to honour teachers and recognise their contributions to education and society.

The day was first proclaimed in 1994 by the United Nations Educational, Scientific and Cultural Organisation (UNESCO), in collaboration with the International Labour Organisation (ILO), Education International (EI), and UNICEF, following the 1966 ILO/UNESCO recommendation concerning the status of Teachers.

The Minister of Education, Dr. Olatunji Alausa, alongside the Minister of State for Education, Dr. Suwaiba Said Ahmad, spoke at a symposium in Abuja.

Alausa described teachers as the custodians of knowledge, the builders of character, and the architects of the nation’s future.

The minister applauded teachers for being the foundation of every profession, stressing that their sacrifices keep the country alive.

He said: ‘Honestly, you have the most important and the best profession in the country. Who makes a doctor? Who makes an engineer? Who makes a professor? It is the teacher. That is why the government is working assiduously to come up with better packages for you. Light is at the end of the tunnel.

‘For too long, teaching has often been practiced in isolation. But when teachers collaborate, students are the ultimate beneficiaries. They receive richer, more engaging instruction and witness firsthand the power of teamwork and shared responsibility.’

Alausa also assured teachers that the Bola Ahmed Tinubu administration was determined to provide the recognition, training, and support they needed to thrive.

‘When you want the highest quality of education, what do you need? A high-quality teacher. And when you want a high-quality teacher, what should you do? Give them the recognition, the support, the training, and the cooperation that they need,’ he added.

The minister praised teachers for producing world-class graduates who continue to excel globally.

‘Anywhere in the world, when they say a Nigerian student becomes a professional, they do so well. That’s the output of your work. We know we can’t pay you enough, but be proud of yourselves. On behalf of the President, I commend you for your sacrifices, your diligence, and your commitment to building our nation,’ Alausa added.

Rite Foods Limited has reaffirmed its commitment to reducing greenhouse gas emissions through sustainable innovations in its manufacturing processes.

The spoke while hosting reporters on a tour of its Energy Centre in Ososa, Ogun State, as part of activities that marked this year’s World Ozone Day. The day highlighted the importance of collective global action in protecting the ozone layer-earth’s natural shield against harmful ultraviolet radiation-and reinforces the need for continued efforts to tackle broader environmental challenges such as climate change and pollution.

Speaking during the tour, General Manager, Operations, Olufemi Ajileye, said the company is determined to set the pace in sustainable manufacturing with world-class processes that conserve energy, protect the environment, and cut carbon emissions.

At its factory, the company deployed fully automated systems, energy-efficient technologies, renewable energy, and advanced carbon-free infrastructure-all designed to safeguard the ozone layer and minimize its ecological footprint.

Head of Corporate Affairs and Sustainability, Ekuma Eze, explained that sustainability was embedded in the facility’s design. According to him, the company’s unique energy mix-92per cent gas, 6.5per cent diesel, and 1.5per cent solar-alongside low-emission technologies has kept its carbon intensity below 800gCO2/lpb, far lower than the industry average of 1,300-2,500gCO2/lpb.

‘This demonstrates our commitment to cleaner energy sources, cutting greenhouse gas emissions, and protecting the ozone layer,’ Eze said.

Ajileye added that the factory’s cooling plant is equipped with advanced safety systems that ensure zero ammonia leaks and eliminate harmful emissions. This, he said, not only protects the environment but also guarantees the highest standards of product quality and safety.

Beyond factory operations, the company extends its environmental stewardship through its CSR pillars-Education, Youth Empowerment, Environmental Stewardship, and Community Development (EYEC). Its flagship programme, RiteOnTheBeach, has championed ecological conservation along Lagos’ coastlines by promoting plastic waste recovery, recycling, and community-led clean-ups that generate jobs and fund school supplies for children in underserved communities.

These initiatives, the company noted, reflect its commitment to circular economy practices that reduce waste, empower communities, and protect future generations.

Rite Foods’ efforts have not gone unnoticed. The company was recently named Food Company of the Year 2024 at the Independent Media Awards. Its portfolio-which includes 13 Bigi Carbonated Soft Drink variants, Bigi Premium Drinking Water, Sosa Fruit Drink in five flavours, Nigeria’s No. 1 Fearless Energy Drink, and Rite Spicy Beef and Bigi Beef Sausage Rolls-continues to refresh millions of consumers nationwide, proudly produced to world-class standards.

The quiet layers of memory and history came alive at the inaugural Archivist Talk held at the Centre for Contemporary Art (CCA), Yaba, Lagos. The event, themed A Collective Remembering, brought together artists, archivists, cultural workers, and journalists to reflect on the role of archives in shaping Nigerian and global contemporary art.

The Archivist Talk is part of the CCA Lagos’ ongoing efforts to preserve the legacy of its founder, the late Bisi Silva, whose vision of connecting Nigerian artists to global audiences continues to inspire projects in archiving, documentation, and storytelling.

The session featured interactive activities such as collage-making and digital storytelling, designed to engage participants in new ways of experiencing archival materials. Technology was at the forefront of the conversations, showing how archives are evolving into dynamic platforms of creativity.

Multidisciplinary artist, Rasak Akorede, described the project as inspiring and innovative.

‘It was quite interesting because different people had different reactions. Some were able to ask questions about events as far back as the 1990s, and the archive gave them answers immediately. That shows how technology can change the way we engage with history,’ he said.

Curator and founder of the Arts Bridge Project, Tony Agbapuonwu, stressed the importance of documentation beyond art. ‘This programme shows us the importance of documenting the times we live in and the role of technology in preserving our stories. Beyond art, archives are tools for understanding culture and shaping the narrative of our society,’ he said.

For cultural reporter, Pelu Adegbesun, the event was a timely reminder of the need to embrace archiving in Nigeria. ‘In the past, many people did not pay attention to preserving memory, but with initiatives like this, young people are beginning to take interest in documentation. This is a beautiful development for our cultural heritage,’ he noted.

Project archivist, Jenny Agu, emphasized the continuing influence of Bisi Silva in Nigeria’s art ecosystem. ‘Her legacy is still very visible in the arts community. She believed in connecting Nigerian artists to global audiences, and this project continues that mission by opening access to archives in creative ways,’ she said.

Agu added that the Archivist Talk was not only about revisiting the past but also about shaping the future. ‘Preserving memory gives us a sense of identity. By using art and technology, we are ensuring that today’s stories will be available for generations to come,’ she explained.

Today marks the 65th anniversary of our great nation’s Independence. As we reflect on the significance of this day and our journey of nationhood since October 1, 1960, when our founding fathers accepted the instruments of self-government from colonial rule, let us remember their sacrifice, devotion, and grand dream of a strong, prosperous, and united Nigeria that will lead Africa and be the beacon of light to the rest of the world.

Our founding heroes and heroines-Herbert Macaulay, Dr Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa, Chief Obafemi Awolowo, Sir Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Ladoke Akintola, Michael Okpara, Aminu Kano, Funmilayo Ransome-Kuti, and other nationalists-believed it was Nigeria’s manifest destiny to lead the entire black race as the largest black nation on earth.

For decades, the promise of our Independence has been tested by profound social, economic, and political challenges, and we have survived. While we may not have achieved all the lofty dreams of our forebearers, we have not strayed too far from them. In 65 years since our Independence, we have made tremendous progress in economic growth, social cohesion, and physical development. Our economy has experienced significant growth since 1960.

Although, it is much easier for those whose vocation is to focus solely on what ought to be, we must recognise and celebrate our significant progress. Nigerians today have access to better education and healthcare than in 1960. At Independence, Nigeria had 120 secondary schools with a student population of about 130,000. Available data indicate that, as of year 2024, there were more than 23,000 secondary schools in our country. At Independence, we had only the University of Ibadan and Yaba College of Technology as the two tertiary institutions in Nigeria. By the end of last year, there were 274 universities, 183 Polytechnics, and 236 Colleges of Education in Nigeria, comprising Federal, State, and private institutions. We have experienced a significant surge in growth across every sector of our national life since Independence – in healthcare, infrastructure, financial services, manufacturing, telecommunications, information technology, aviation and defence, among others.

Our country has experienced both the good and the bad times in its 65 years of nationhood, as is normal for every nation and its people. We fought a bitter and avoidable civil war, experienced military dictatorships, and lived through major political crises. In all these, we weathered every storm and overcame every challenge with courage, grit, and uncommon determination. While our system and ties that bind us are sometimes stretched by insidious forces opposed to our values and ways of life, we continue to strive to build a more perfect union where every Nigerian can find better accommodation and find purpose and fulfilment.

Fellow Compatriots, this is the third time I will address you on our independence anniversary since I assumed office as your President on May 29, 2023. In the last 28 months of my administration, like our founding fathers and leaders who came before me, I have committed myself irrevocably to the unfinished nation-building business.

Upon assuming office, our administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth. As a new administration, we faced a simple choice: continue business as usual and watch our nation drift, or embark on a courageous, fundamental reform path. We chose the path of reform. We chose the path of tomorrow over the comfort of today. Less than three years later, the seeds of those difficult but necessary decisions are bearing fruit.

In resetting our country for sustainable growth, we ended the corrupt fuel subsidies and multiple foreign exchange rates that created massive incentives for a rentier economy, benefiting only a tiny minority. At the same time, the masses received little or nothing from our Commonwealth. Our administration has redirected the economy towards a more inclusive path, channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure, such as roads, power, broadband, and social investment programmes. These initiatives will generally improve Nigerians’ quality of life. As a result of the tough decisions we made, the Federal and State governments, including Local Governments, now have more resources to take care of the people at the lower level of the ladder, to address our development challenges.

Fellow Nigerians, we are racing against time. We must build the roads we need, repair the ones that have become decrepit, and construct the schools our children will attend and the hospitals that will care for our people. We have to plan for the generations that will come after us. We do not have enough electricity to power our industries and homes today, or the resources to repair our deteriorating roads, build seaports, railroads, and international airports comparable to the best in the world, because we failed to make the necessary investments decades ago. Our administration is setting things right.

I am pleased to report that we have finally turned the corner. The worst is over, I say. Yesterday’s pains are giving way to relief. I salute your endurance, support, and understanding. I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbour.

Under our leadership, our economy is recovering fast, and the reforms we started over two years ago are delivering tangible results. The second quarter 2025 Gross Domestic Product grew by 4.23%-Nigeria’s fastest pace in four years-and outpaced the 3.4 per cent projected by the International Monetary Fund. Inflation declined to 20.12% in August 2025, the lowest level in three years. The administration is working diligently to boost agricultural production and ensure food security, reducing food costs.

In the last two years of our administration, we have achieved 12 remarkable economic milestones as a result of the implementation of our sound fiscal and monetary policies:

i. We have attained a record-breaking increase in non-oil revenue, achieving the 2025 target by August with over N20 trillion. In September 2025 alone, we raised N3.65 trillion, 411% higher than the amount raised in May 2023.

ii. We have restored Fiscal Health: Our debt service-to-revenue ratio has been significantly reduced from 97% to below 50%. We have paid down the infamous ‘Ways and Means’ advances that threatened our economic stability and triggered inflation. Following the removal of the corrupt petroleum subsidy, we have freed up trillions of Naira for targeted investment in the real economy and social programmes for the most vulnerable, as well as all tiers of government.

iii. We have a stronger foreign Reserve position than three years ago. Our external reserves increased to $42.03 billion this September-the highest since 2019.

iv. Our tax-to-GDP ratio has risen to 13.5 per cent from less than 10 per cent. The ratio is expected to increase further when the new tax law takes effect in January. The tax law is not about increasing the burden on existing taxpayers but about expanding the base to build the Nigeria we deserve and providing tax relief to low-income earners.

v. We are now a Net Exporter: Nigeria has recorded a trade surplus for five consecutive quarters. We are now selling more to the world than we are buying, a fundamental shift that strengthens our currency and creates jobs at home. Nigeria’s trade surplus increased by 44.3% in Q2 2025 to N7.46 trillion ($4.74 billion), the largest in about three years. Goods manufactured in Nigeria and exported jumped by 173%. Non-oil exports, as a component of our export trade, now represent 48 per cent, compared to oil exports, which account for 52 per cent. This signals that we are diversifying our economy and foreign exchange sources outside oil and gas.

vi. Oil production rebounded to 1.68 million barrels per day from barely one million in May 2023. The increase occurred due to improved security, new investments, and better stakeholder management in the Niger Delta. Furthermore, the country has made notable advancements by refining PMS domestically for the first time in four decades. It has also established itself as the continent’s leading exporter of aviation fuel.

vii. The Naira has stabilised from the turbulence and volatility witnessed in 2023 and 2024. The gap between the official rate and the unofficial market has reduced substantially, following FX reforms and fresh capital and remittance inflows. The multiple exchange rates, which fostered corruption and arbitrage, are now part of history. Additionally, our currency rate against the dollar is no longer determined by fluctuations in crude oil prices.

viii. Under the social investment programme to support poor households and vulnerable Nigerians, N330 billion has been disbursed to eight million households, many of whom have received either one or two out of the three tranches of the N25,000 each.

ix. Coal mining recovered dramatically from a 22% decline in Q1 to 57.5% growth in Q2, becoming one of Nigeria’s fastest-growing sectors. The solid mineral sector is now pivotal in our economy, encouraging value-added production of minerals extracted from our soil.

x. The administration is expanding transport infrastructure across the country, covering rail, roads, airports, and seaports. Rail and water transport grew by over 40% and 27%, respectively. The 284-kilometre Kano-Kastina-Maradi Standard Gauge rail project and the Kaduna-Kano rail line are nearing completion. Work is progressing well on the legacy Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway. The Federal Executive Council recently approved $3 billion to complete the Eastern Rail Project.

xi. The world is taking notice of our efforts. Sovereign credit rating agencies have upgraded their outlook for Nigeria, recognising our improved economic fundamentals. Our stock market is experiencing an unprecedented boom, rising from an all-share index of 55,000 points in May 2003 to 142,000 points as of September 26, 2025.

xii. At its last MPC meeting, the Central Bank slashed interest rates for the first time in five years, expressing confidence in our country’s macroeconomic stability.

Security:

We are working diligently to enhance national security, ensuring our economy experiences improved growth and performance. The officers and men of our armed forces and other security agencies are working tirelessly and making significant sacrifices to keep us safe. They are winning the war against terrorism, banditry and other violent crimes. We see their victories in their blood and sweat to stamp out Boko Haram Terror in North-East, IPOB/ESN terror in South East and banditry and kidnapping. We must continue to celebrate their gallantry and salute their courage on behalf of a grateful nation. Peace has returned to hundreds of our liberated communities in North-West and North-East, and thousands of our people have returned safely to their homes.

Youth:

I have a message for our young people. You are the future and the greatest assets of this blessed country. You must continue to dream big, innovate, and conquer more territories in your various fields of science, technology, sports, and the art and creative sector. Our administration, through policies and funding, will continue to give you wings to fly sky-high. We created NELFUND to support students with loans for their educational pursuits. Approximately 510,000 students across 36 states and the FCT have benefited from this initiative, covering 228 higher institutions. As of September 10, the total loan disbursed was N99.5 billion, while the upkeep allowance stood at N44.7 billion.

Credicorp, another initiative of our administration, has granted 153,000 Nigerians N30 billion affordable loans for vehicles, solar energy, home upgrades, digital devices, and more.

YouthCred, which I promised last June, is a reality, with tens of thousands of NYSC members now active beneficiaries of consumer credit for resettlement.

Under our Renewed Hope Agenda, we promised to build a Nigeria where every young person, regardless of background, has an equitable opportunity to access a better future-thus, the Investment in Digital and Creative Enterprises (iDICE) programme. The Bank of Industry is driving the programme, in collaboration with the African Development Bank, the French Development Agency, and the Islamic Development Bank. This initiative is at the cusp of implementation. Over the last two years, we have collaborated with our partners to launch the programme, supporting our young builders and dreamers in the technology and creative sectors.

A message of hope

Fellow Nigerians, I have always candidly acknowledged that these reforms have come with some temporary pains. The biting effects of inflation and the rising cost of living remain a significant concern to our government. However, the alternative of allowing our country to descend into economic chaos or bankruptcy was not an option. Our macro-economic progress has proven that our sacrifices have not been in vain. Together, we are laying a new foundation cast in concrete, not on quicksand.

The accurate measure of our success will not be limited to economic statistics alone, but rather in the food on our families’ tables, the quality of education our children receive, the electricity in our homes, and the security in our communities. Let me assure you of our administration’s determination to ensure that the resources we have saved and the stability we have built are channelled into these critical areas. Today, the governors at the state level, and the local government autonomy are yielding more developments.

Therefore, on this 65th Anniversary of Our Independence, my message is hope and a call to action. The federal government will continue to do its part to fix the plumbing in our economy. Now, we must all turn on the taps of productivity, innovation, and enterprise, just like the Ministry of Interior has done with our travel passports, by quickening the processing. In this regard, I urge the sub-national entities to join us in nation-building. Let us be a nation of producers, not just consumers. Let us farm our land and build factories to process our produce. Let us patronise ‘Made-in-Nigeria’ goods. I say Nigeria first. Let us pay our taxes.

Finally, let all hands be on deck. Let us believe, once more, in the boundless potential of our great nation.

With Almighty God on our side, I can assure you that the dawn of a new, prosperous, self-reliant Nigeria is here.

Happy 65th Independence Anniversary, and may God continue to bless the Federal Republic of Nigeria.

On a humid morning in Ibadan, the Oyo State capital, the Lagos-Ibadan train glides into its terminal with clockwork precision. From its doors pour a cross-section of Nigeria-civil servants gripping files, traders balancing bags of goods, students with backpacks slung over shoulders. Only hours earlier, they had departed Lagos, Africa’s largest city, where clogged roads once stretched the 120-kilometre trip into a punishing half-day ordeal. Today, the same journey takes just a little over two hours.

Completed in 2021, the Lagos-Ibadan rail line was initially celebrated as another milestone in infrastructure delivery. But fresh data suggests it is quietly maturing into something more transformative: a driver of economic efficiency. Between January and August 2025, the train carried 690,169 passengers. Monthly ridership climbed from 79,672 in January to 109,413 in August-a 37 per cent increase in just eight months. Behind those numbers lies a human story: workers reaching offices earlier, traders opening shop on time, students saving on bus fares and stress.

One civil servant captured the sentiment on X (formerly Twitter): ‘I left Lagos at 6:00 a.m. and was in a 9:00 a.m. meeting in Ibadan. By road, that was impossible.’ Economists say such time savings translate directly into productivity and disposable income. The World Bank notes that in economies burdened by high logistics costs, each minute shaved off travel yields measurable economic output. By saving passengers an estimated two hours each trip, the Lagos-Ibadan line restored nearly 1.4 million productive hours to Nigeria’s economy in just eight months-the equivalent of 160 years of labour time regained.

Freight revolution: The steel backbone of trade

If passenger trains showcase the rail’s social value, freight is the steel backbone that powers economies. Between January and August 2025, the Lagos-Ibadan line hauled 382,340 tons of cargo-cement, steel coils, gypsum, soda ash, and containerised goods, the very lifeblood of Nigeria’s industries. In April alone, over 73,000 tons moved on the line. That is freight that might otherwise have clogged highways, driven up haulage costs, or perished before reaching destination. By contrast, road transporters contend with soaring fuel bills, congestion delays, and accident risks.

For traders, the difference is tangible. A tomato merchant told Channels TV: ‘By road, half of our goods rot before reaching Ibadan. By train, more arrive fresh and we make more money.’ This is logistics efficiency at work. In Nigeria, transport typically consumes 30-40 per cent of business expenses-compared to under 10 per cent in developed economies. Every ton shifted from truck to train reduces costs, raises margins, and improves competitiveness.

Economic multipliers

Economists classify railways as general-purpose infrastructure-assets that lower transaction costs, stimulate trade, and integrate markets. Studies by the World Bank and African Development Bank (AfDB) suggest every dollar invested in rail can yield $1.50-$2.20 in wider economic output once spillovers into agriculture, manufacturing, and services are included. On the Lagos-Ibadan corridor, passenger fares and freight receipts totalled about ?12 billion (roughly $8 million) in the first eight months of 2025. Using AfDB’s multiplier, this translates into an additional $13-$19 million in economic value in less than a year.

The impact extends well beyond revenues. Towns along the line-Papalanto, Abeokuta, Moniya-are stirring back to life as stations double as logistics hubs. Land values around Ibadan station are rising, while shops, eateries, and small service firms sprout around the steady stream of commuters and traders. More broadly, the line is altering Nigeria’s inflation and growth dynamics. By shifting passengers and freight from the chronically congested Lagos-Ibadan expressway to rail, it chips away at one of the country’s deepest structural problems: high logistics costs.

For farmers and food traders, the change is striking. Perishable produce that once spoiled after a day in traffic now reaches markets intact, reducing waste and stabilising supply. Consumers, in turn, feel the benefit in more moderate food prices-vital in a country where food carries the heaviest weight in the inflation basket. The Lagos-Ibadan rail line is thus more than a transport project. It is a quiet lever of productivity, competitiveness, and price stability.

The headline inflation rate, which eased to about 20.1 per cent in August 2025 after months of food-driven surges, reflects a mix of influences. But improved efficiency along critical supply corridors such as Lagos-Ibadan stands out as one of the quiet structural supports cushioning upward pressure. The growth story becomes even clearer when viewed through output. Every commuter who reaches Ibadan in two hours instead of five embodies regained productivity: fewer wasted hours in gridlock, more time contributing to the economy. Every ton of cement, steel, or grain that moves inland by train rather than truck lowers factory input costs and distributor expenses, freeing up margins for reinvestment and expansion.

This productivity dividend loops back into the inflation story. Lower transport costs help cool food prices, and with food carrying the heaviest weight in Nigeria’s inflation basket, this feeds directly into headline inflation. The Lagos-Ibadan line is thus more than a commuter service. It is the flagship of a broader rail reform agenda under the Renewed Hope government. Central to this is the Track Access Programme, which opens Nigerian Railway Corporation (NRC) lines to licensed operators. Lagos State is already linking its Red Line commuter rail into the corridor, while Chinese partners are piloting freight runs. By attracting private capital and easing the government’s fiscal burden, the programme is breaking open a sector long closed to outside players.

The reform also doubles as industrial policy. At the Abuja International Railway Conference in September, the NRC signed a five-year agreement with Ajaokuta Steel Company to produce rolling stock components locally-especially steel wheels. The Lagos-Ibadan line will be among the first to benefit, reducing import dependence while channelling demand into Nigeria’s long-struggling steel sector.

Energy transition is another pillar. In partnership with the Presidential Initiative on Compressed Natural Gas (Pi-CNG), the NRC plans to convert diesel locomotives into hybrids using liquefied natural gas, while replacing diesel generators with gas-fired alternatives. For the corridor, that means lower operating costs, reduced emissions, and new demand for Nigeria’s gas reserves. Complementing this are shuttle vehicles linking stations to nearby towns, tightening intermodal connections and feeding local economies.

Equally critical is human capital. Through agreements with universities and technical institutes, the NRC is training a new cadre of engineers and technicians in modern rail operations. The Lagos-Ibadan corridor doubles as both showcase and classroom-embedding skills alongside steel, and building the human foundation for Nigeria’s rail future.

At Obafemi Awolowo Station in Moniya, Ibadan, the promise of rail-driven growth is visible – but uneven. Business activity peaks only when the trains arrive, then quickly fades into silence until the next service. Taxi operators, tricycles, and motorcycle riders spring to life as passengers with luggage disembark, haggling over fares in scenes that reflect both the vibrancy and fragility of the station’s economy. Operators told The Nation that while their incomes have improved compared to before the station opened, the pace of growth remains far below expectations. Comrade Abraham Temitope, a cab driver who has worked at the station for three years, put it bluntly: ‘Except for trains coming down, there’s nothing here again. Immediately the train leaves, nothing else happens until the evening. The government needs to work on more trips and create facilities around the station to attract people.’

He and others argued that hotels, malls, and family-friendly spaces could help keep visitors longer and stimulate commerce. They also lamented the abandoned road linking Moniya to the Oyo-Iseyin axis, warning that the unfinished stretch damages vehicles and discourages patronage. ‘The road has been left unfixed for almost three years. It is to our detriment every day,’ Temitope added.

The General Secretary of the Micra Cab Operators, Mr. Adebayo Abiodun, echoed these concerns. He noted that only two daily trips – three on weekends – limit the economic spin-offs. ‘By now, the train should be running at least three trips every day. More trips mean more passengers, and more passengers mean more business for us all,’ he said.

Awareness is another hurdle. Abiodun observed that many residents in Ibadan and even Lagos remain unaware the service is operational. ‘Many people I carry still tell me they didn’t know the train station was working. Publicity will help bring passengers, and when they come, our businesses will grow,’ he added. Around the station, petty traders such as food vendors and snack sellers depend largely on staff and transport operators for patronage, with only occasional sales to passengers. Property values, which had spiked after the terminal opened, have since plateaued as development momentum slowed.

Challenges of maintenance and sustainability

Even as the Lagos-Ibadan line demonstrates promise, sustainability looms large. Earlier this year, a derailment on the Abuja-Kaduna line reignited fears about safety and maintenance. Although the NRC restored service far more swiftly than in the past – a sign of greater responsiveness – questions linger: can Nigeria sustain adequate maintenance funding, resist political interference, and guarantee governance discipline over the long term? ‘Infrastructure is not only about building. It is about maintaining and managing,’ noted Prof. Sam Amadi, former regulator and energy policy scholar. ‘Rail can catalyse growth, but without governance, it can also collapse.’

The Lagos-Ibadan line also forms the southern stretch of the Lagos-Kano-Maradi corridor, envisioned as a continental trade spine under the African Continental Free Trade Area (AfCFTA). Properly linked to ports and extended inland, it could anchor Nigeria’s ambition to serve as West Africa’s logistics hub. Vice-President Kashim Shettima underscored this at the Abuja railway summit: ‘Railways connect raw materials to factories, workers to opportunities, and farmers to markets. They shape economies and societies. Every poor-looking country from China to Vietnam has used rail as a driver of development. Nigeria cannot afford to lag.’

Back at Ibadan station, as the last commuters head home and freight wagons roll north, the Lagos-Ibadan line feels like more than just steel and concrete. Each passenger carried and every ton of freight hauled chips away at Nigeria’s old reputation for inefficiency. Sustained momentum could turn this corridor into more than a transport link – into a lever for growth, integration, and renewal in a country searching for prosperity beyond oil.

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings has launched the Manifold Endowment Plan, an innovative blend of insurance and investment designed for Nigerians who want to protect what matters, grow their wealth, and enjoy peace of mind.

With life cover up to N1 billion, partial maturity payouts, and end-of-term bonuses, Manifold is for the modern Nigerian working hard today, planning boldly for tomorrow.

The Manifold Endowment Plan is uniquely designed for Nigerians aged 18 to 64, providing them with flexible policy durations ranging from six to fifteen years. At its core, it integrates death benefits, partial maturity bonuses, and accidental medical coverage, all while offering a structured avenue for individuals and families to plan, protect, and prosper.

Speaking on the launch, Akinjide Orimolade, Chief Executive, Stanbic IBTC Insurance said the Nigerian insurance sector, though still underexplored, has seen remarkable growth, with industry revenues surging by 147per cent in the first nine months of 2024. Yet, with insurance penetration hovering around just 0.5per cent of GDP, the gap in uptake remains stark.

He noted that Stanbic IBTC is tackling this head-on by introducing an offering that speaks to the everyday concerns of middle- and high-income Nigerians who seek value, reliability, and transparency in financial services.

He said: ‘The Manifold Endowment Plan is a response to Nigeria’s pressing need for accessible and rewarding insurance solutions. We are not just offering protection; we are empowering Nigerians to build financial resilience while preparing for the future. With Manifold, every premium is an investment in both peace of mind and real financial return.

‘Manifold bridges the perception gap often associated with insurance. It assures Nigerians that even if the ‘worst’ doesn’t happen, their money is never wasted. With premiums starting at just N10,000 monthly, policyholders can earn two 25per cent bonuses on their premiums while still receiving 100% of their chosen sum assured at maturity.

At its core, the Manifold Endowment Plan aligns with Stanbic IBTC Insurance’s broader mission: to help Nigerians secure today and prosper tomorrow. Whether it’s a young professional saving towards future goals, a parent building generational wealth, or a retiree seeking peace of mind, Manifold offers a tailored and transparent financial solution”, he added.

Four players of the Golden Eaglets have been selected in the Group Stage’s Best X1 at the ongoing WAFU B U17 tournament by the competition’s Technical Study Group.

Captain David Edeh leads the quartet along with wing dynamite, Boluwatife Thompson, George Agha, the hat- trick hero against Benin Republic and defence marshal, Godwin Menyaga.

Agha won the MVP award in the game against Benin Republic, Thompson repeated same feat in the game against Burkina- Faso.

Yesterday night Nigeria filed out against the Black Starlets of Ghana with a place in the final and qualification for 2026 AFCON U17 tournament to be hosted by Morocco as a reward.

Meanwhile, Cote d’Ivoire booked the first ticket to the grand finale following a 2-1 win over the defending champions, the Young Etalons of Burkina- Faso in the first semi-final of the competition.

The Golden Eaglets lost 2-0 to Ghana’s Black Starlets in the second semi-final.

The United States Consulate General in Lagos has partnered Ouida Books and the Book Buzz Foundation to launch Iseda, a cultural exchange initiative. The launch, which held at the Ouida Bookstore in Lagos was aimed at fostering collaboration between American and Nigerian creatives while boosting economic opportunities in the arts.

Public Affairs Officer at the U.S. Consulate, Julie McKay, explained that Iseda-which means ‘creation’-was inspired by Nigeria’s rich artistic heritage. ‘We kind of went back to the Mbari Club. We’re thinking about a rich Nigerian tradition in culture and the arts-from Fela Kuti to Chinua Achebe to Wole Soyinka-coming together, collaborating, learning from each other, and becoming even more creative,’ she said.

McKay disclosed that the programme will spotlight a different creative sector each month, with fashion set for October and film in November. She added that Iseda would also serve as the kickoff for the U.S. Consulate’s celebration of America’s 250th anniversary. Beyond Iseda, McKay also highlighted other U.S. exchange programmes that support the creative sector, including the American Music Mentorship Programme and the Africa Creative Television Initiative. According to her, six Nigerians participated in the music mentorship program last year, with three already inducted into the Recording Academy, granting them eligibility to vote in the Grammys.

Members of the Pipeline Vocal Project, Molly, Lisa, and Taylor, shared their experiences as cultural ambassadors.

They spoke about the power of music to build bridges across cultures.

‘What’s really cool is we’re able to connect and have a conversation through music. It doesn’t matter our background, but there’s a connectivity there,’ Taylor said.

The group also offered advice to aspiring musicians. Lisa emphasized discipline, Molly encouraged collaboration within communities, while Taylor urged persistence.

‘Never shut up and always keep going. No is not an answer I will take,’ she said.

Reflecting on their stay in Nigeria, the group expressed excitement about incorporating Afrobeats into their music. ‘We’re from Alaska. We would never meet Nigerian artists in Nigeria,’ Taylor noted, underscoring the value of the exchange.