Bayo Ojulari Reforming Nigeria Energy Future

When Bayo Ojulari assumed leadership of the Nigerian National Petroleum Company (NNPC) Limited in April 2025, he inherited more than a corporation. He stepped into a storm defined by falling oil production, chronic revenue leakages, dwindling investor confidence, and the mounting global pressures of energy transition and geopolitical competition. Six months later, the story of NNPC and Nigeria’s energy sector has begun to change.

Ojulari’s leadership has been marked by an insistence on transparency, fiscal discipline, and operational accountability. Unlike previous reform attempts that often remained trapped in rhetoric, his approach has been anchored on execution and measurable outcomes. This shift fits squarely within President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritizes energy independence, foreign investment, domestic refining, and Nigeria’s long-term net-zero ambitions. Reform, in Ojulari’s hands, is no longer an aspiration, it is a working reality.

Daily oil production rebounded from 1.485 million barrels in April to 1.71 million in July, crossing the 1.8 million barrel mark for the first time since late 2024. In the same period, NNPC generated ?20.9 trillion while halting costly refinery losses that had drained up to ?500 million monthly. Operational efficiency has improved, with 100 percent pipeline availability, natural gas production climbing to 7.72 billion cubic feet per day, and major projects like the AKK and OB3 pipelines now nearing completion. Security reforms have also delivered dramatic results, with coordinated efforts nearly eliminating pipeline theft. Perhaps most notably, Ojulari introduced monthly financial reporting for the first time, signaling unprecedented transparency to investors, regulators, and the Nigerian public.

These gains are not just domestic achievements. By surpassing Angola and Libya in production, Nigeria has reclaimed its position as Africa’s largest oil producer, restoring both its credibility and its leverage in OPEC+ negotiations. In a volatile global energy market where reliability is everything, Nigeria is once again being seen as a dependable player, a factor that has begun to restore investor confidence and strengthen its geopolitical standing.

Yet Ojulari’s strategy is not confined to oil alone. He has placed sustainability and transition at the heart of NNPC’s future. Gas is being positioned as a critical bridge fuel, powering local industries, reducing emissions, and boosting LNG exports. At the same time, the company is advancing renewable energy pilots, reducing gas flaring, and exploring carbon-capture initiatives; all of which signal a shift toward greener operations. These efforts align NNPC with global environmental, social, and governance standards, positioning it to meet the expectations of modern investors.

Technology is another pillar of the transformation. Under Ojulari, the company has deployed AI-driven analytics to optimize production and minimize downtime, blockchain platforms to

ensure revenue and supply chain traceability, and automation to enhance safety and efficiency. These moves bring NNPC closer to the practices of global energy giants like Saudi Aramco, ADNOC, and Petrobras, underscoring its ambition to compete at the highest levels.

The reforms are also resonating beyond corporate boardrooms. Inside NNPC, employees are experiencing a new merit-driven culture that rewards performance. Across the wider economy, Nigerian small and medium enterprises are finding expanded opportunities in the energy supply chain. In host communities, improved security and reduced oil theft are strengthening peace and trust. And nationally, stronger revenues are bolstering the budget and foreign reserves at a time when fiscal stability is sorely needed.

Ojulari is quick to acknowledge that the journey has only just begun. Scaling production to two million barrels per day by 2027 will require unwavering discipline, relentless efficiency, and an estimated $60 billion in new investment. Completing critical gas infrastructure remains central to unlocking regional integration and expanding Nigeria’s role in global gas markets. The competition will not stand still either, as Angola and Libya push to reclaim lost ground. But Ojulari’s vision is clear: NNPC must set a new benchmark for African energy companies and emerge as a global player of repute.

The first six months of his leadership have already marked a decisive break from the past. Production recovery, record revenues, operational discipline, and world-class transparency demonstrate that Nigeria’s energy sector is capable of reform and resilience when leadership is committed to delivery. The challenge now is to institutionalize these gains and ensure that momentum is not lost. For Nigeria, the choice is stark: to entrench excellence as the new standard, or risk sliding back into inefficiency and missed opportunity.

The opportunity is global. Above all, the momentum must not be lost. Happy Independence Day Nigeria!

2025 Veterans’ Tourney: Ogun backs All Stars Football Association

Ogun state government has urged the All Stars Football Association Abeokuta to be true Ambassadors of the state and the southwest zone as they compete for honours at the 2025 National Veterans Football Tournament -Lagos 2025- which kick off on Independence Day.

Speaking through the state’s Commissioner For Sports Development Honourable Wasiu Isiaka , the Muda Lawal Stadium Asero-based All Stars were assured of the government’s support as they strive to bring home the coveted trophy as national champions.

Similarly, NFF executive member and chairman of the Ogun state Football Association, Alhaji Ganiyu Majekodunmi, said the state FA is confident of the abilities and capabilities of the veterans to make the state proud in their maiden national appearance.

The 2025 National Veterans Tournament holding in Lagos between October 1st and 5th will see eight qualifiers from six zones across the country competing for the coveted trophy.

All Stars Football Association Abeokuta, the southwest zonal champions, are being joined by Ondo State and the hosts, Lagos, as the representatives of the south west.

Tinubu lists 12 economic milestones

President Bola Ahmed Tinubu yesterday listed 12 remarkable economic milestones recorded by his administration as a result of the implementation of sound fiscal and monetary policies.

Exuding confidence about the workability and potency of his bold socio-economic reforms, he reiterated that Nigeria had finally turned the corner, adding ‘the worst is over.’

‘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,’ he said in his Independence Anniversary broadcast to the nation this morning.

President Tinubu, who urged Nigerians to team up with his government in accomplishing the unfinished task, assured Nigerians of great relief after the transient pains of reforms.

He hailed the endurance, support and understanding of Nigerians as his administration redirected the economy towards a more visible path, noting that their patience was not in vain.

The 12 milestones highlighted by the President are:

Record-breaking increase in non-oil revenue;

Restoration of fiscal health as manifested in reduced debt service-to-revenue ratio;

Stronger Foreign Reserve, increased tax-to-Gross Domestic Product (GDP) ratio;

Increased export drive leading to the strengthening of the currency and job creation;

Increased oil production up to I.6 million barrels per day, and domestic refining; and

N330 billion social investment programme for poor households.

Others are:

Rise in coal mining activities;

Expansion of rail, road, air and sea transport infrastructure;

Improved sovereign credit rating through boom in oil stock market; and

Slash in interest rate for the first time in five years by the Central Bank of Nigeria (CBN).

President Tinubu, who reflected on the journey to nationhood from October 1, 1960, when the country achieved Independence, paid tribute to the sacrifice, devotion and vision of the founding fathers who fought for self-rule.

He noted that progress has not been static since, judging by the growth in the sectors, including education, health, infrastructure, financial services, telecommunications, information technology, aviation and defence.

Tinubu said life has been full of ups-and-downs for Nigeria in its 65 years of nationhood, as shown by its experience of a bitter and avoidable civil war, military dictatorships and major political crises.

He lamented that the country suffered ‘because we failed to make the necessary investments decades ago.’

President Tinubu said under his leadership, the economy is recovering fast because the reforms are delivering results.

He added: ‘In the second quarter of 2025, Gross Domestic Product grew by 4.23 per cent- 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 per cent in August 2025, the lowest in three years. The administration is working diligently to boost agricultural production and ensure food security, reducing food costs.’

The President solicited patriotic spirit from Nigerians and canvassed civil engagements.

The President drew a relationship between security and economic growth, assuring that the anti-terror war would be fought with vigour.

He said: ‘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 Northeast, IPOB/ESN terror in Southeast 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 Northwest and Northeast, and thousands of our people have returned safely to their homes.’

To the youth, the President said: ‘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 in 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.’

President Tinubu said under the Renewed Hope Agenda, equitable access to a better future has been guaranteed to Nigerians.

Acknowledging that the reforms are accompanied by temporary pains, he said ‘the alternative of allowing our country to descend into economic chaos or bankruptcy was not an option.’

He assured that the resources saved and the stability built would be channelled into proper development.

President Tinubu said ‘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.’

He added: ‘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.

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

Nigeria @65: Why critics withhold commendation of Tinubu, by ex-agitator

A former Niger Delta agitator, self-styled General Endurance Amagbein, has said that President Bola Tinubu’s critics are withholding praise for his achievements due to political considerations ahead of the 2027 general elections.

In a statement issued in Abuja on Wednesday, Amagbein said Nigeria has recorded remarkable progress in its 65 years of independence, particularly under Tinubu’s administration.

He argued that the president has introduced new ideas in governance and accelerated holistic development across all six geopolitical zones, describing his leadership as laying the foundation for a more united and prosperous nation.

Amagbein, popularly known as Adaka Boro the Second, noted that despite initial doubts over the 2023 Muslim-Muslim ticket controversy, Tinubu had, within two years, demonstrated a strong commitment to peace, unity, and national development.

According to him, Tinubu’s policies have positively impacted key sectors, including youth empowerment, ICT, agriculture, healthcare, education, security, economic reforms, and infrastructure, with ordinary Nigerians – especially in the Niger Delta – now benefiting directly from government initiatives without political ties.

‘No matter what anybody says, Tinubu’s government has recorded significant progress across various sectors, including reducing the debt service burden and increasing foreign reserves, which have risen from $4 billion in 2023 to over $23 billion by the end of 2024.

‘Nigeria achieved a record trade surplus of $14.31 billion in 2024, the first in over 25 years. This government has also prioritized the Niger Delta, with projects like the Lagos-Calabar Coastal Highway aimed at unlocking tourism, trade, and port development. Over 440 road projects are ongoing nationwide, including more than 2,700 kilometers of superhighways,’ he said.

He further cited initiatives in renewable energy, such as the electrification of one million homes under the Rural Electrification Programme, solar power supply to 22 federal universities, and over ?250 billion allocated for primary healthcare centres nationwide.

‘As Nigeria marks 65 years of independence, I congratulate both the leadership and citizens. It is indeed a great occasion, and I salute those who fought for the independence we are enjoying today. I wish the President and his team well, and I pray for wisdom to lead us and for strength for our armed forces to continue defending our sovereignty,’ Amagbein said.

However, he urged the presidency and the Nigerian National Petroleum Company Limited (NNPCL) to use the independence anniversary to address longstanding concerns in the Niger Delta, particularly the decentralisation of pipeline surveillance contracts.

‘It is a bitter pill to swallow when one man from outside a community is given the right to secure pipelines in another man’s territory. Worse still is the oppression that follows, where people lose their voices and rights in their own communities. For equity and fairness, stakeholders should only secure pipelines within their domains,’ he said.

Amagbein warned that until pipeline surveillance contracts are decentralized, communities will remain vulnerable to oppression from those who ‘carry guns in the guise of pipeline security.’

While pledging his continued support for the Tinubu administration, he called on the President to ensure policies that will deliver real development in the Niger Delta. He noted that the region’s difficult terrain requires leaders who will not betray the trust placed in them.

Why Nigerian languages deserve a place in modern technology

Sir: With over 520 different languages, Nigeria holds the third-highest number of spoken languages in the world. Four of these – Hausa, Yoruba, Igbo, and Ijaw – are spoken by about 78 percent of the country’s population. Yet despite this richness, most Nigerian languages remain absent from the tools shaping the lives of Generation Z and Generation Alpha, the generations who embody the future of today.

UNESCO warns that about 40 percent of the world’s 7,000 languages are at risk of extinction by 2025, with African and indigenous tongues disproportionately vulnerable. Over a hundred Nigerian languages are already considered endangered or close to extinction.

Technology illustrates the urgency. In Natural Language Processing (NLP), which powers translation apps, voice assistants, and speech recognition, Nigerian languages are classified as low-resource. This means there is not enough digital text or audio for artificial intelligence systems to learn from. Without action, entire languages risk being digitally invisible.

The Nigerian government has no structured plan to preserve or expand indigenous languages, especially in technology and research. Most languages lack basic resources such as text datasets, essential for NLP. Minority languages like Ibibio, Ijaw, and Kanuri, spoken by fewer than 10 million people each, have little or no digital representation. Even the so-called big three languages (Hausa, Igbo, and Yoruba) struggle with limited and poor-quality resources.

Apps exist for Yoruba, Hausa, and Igbo, but hundreds of Nigerian languages remain excluded. Global technology firms are making tentative steps. In late 2024, Google expanded voice input and dictation support to Hausa, Igbo, and Yoruba across Gboard, Voice Search, and Translate. Microsoft added the trio to Azure Translator earlier. Yet the depth and scale of resources for these languages remain far behind those of English, Chinese, or even Swahili.

The Nigerian constitution has never been officially translated into local languages, aside from one private Yoruba effort. Government websites remain exclusively in English. Community-driven projects like Masakhane and NaijaVoices are working to build datasets, but the scale of their efforts is minuscule compared to the need. If Nigerian languages are missing from keyboards, spell checkers, translation tools, and voice assistants, they will fade into silence.

What Nigeria needs is a deliberate digital language strategy. Such a strategy must go beyond the major three and extend to endangered and minority tongues. Crucially, it should position languages as infrastructure, gateways through which citizens access healthcare, education, commerce, and culture.

Policymakers must prioritize indigenous languages in technology and education. Researchers and entrepreneurs must collaborate to build open resources. Global technology firms must be challenged to support more Nigerian languages. And citizens must demand a future where their mother tongues are not just spoken but coded into the fabric of modern life.

Insurers to host 250 delegates for WAICA Confab in Lagos

The Nigerian Insurance Industry is set to host no fewer than 250 foreign and local delegates for the 2025 West Africa Insurance Companies Association (WAICA) Education Conference to provide strategic platform for deliberations on the impact of climate change on the insurance industry, as well as actionable strategies to safeguard the future of insurance education and practice.

The conference is scheduled to take place from Sunday, 12 October to Wednesday, 15 October 2025 at the Grand Ballroom of Eko Hotel and Suites, Victoria Island, Lagos, Nigeria.

This year’s conference, organized by the Nigerian Insurers Association (NIA) with the theme ‘The West African Insurer in the Face of Climate Change,’ will bring together insurance practitioners, regulators, policymakers, and thought leaders representing countries across the West African sub-region.

Member countries of WAICA, namely Nigeria, Ghana, Sierra Leone, Liberia, and The Gambia, will be represented, making the conference a truly regional platform for knowledge exchange, networking, and collaboration.

Speaking yesterday at a press briefing on the upcoming conference held at the Insurers House, Victoria Island, Lagos, the Chairman, Local Organising Committee (LOC), 2025 WAICA Education Conference, Mrs. Ebelechuwu Nwachukwu said it is particularly important for African insurers to engage in robust discussions on climate change.

She stated that as the continent faces unique vulnerabilities such as extreme weather events, flooding, drought, and agricultural disruptions that directly impact businesses, communities, and livelihoods.

She said: ‘For insurers, these challenges translate into rising claims, increased risk exposures, and the urgent need for innovative products and risk management strategies. By coming together at the WAICA conference, African insurers not only strengthen their collective preparedness but also position themselves to engage competitively with their global counterparts in shaping sustainable insurance practices and climate resilience solutions.

‘Lagos State, Nigeria’s commercial hub and one of Africa’s most vibrant megacities, was carefully selected as the host destination of the conference for its unique blend of business dynamism, cultural heritage, and world-class hospitality infrastructure. With its strategic role as a financial hub, Lagos provides an ideal environment for fostering cross-border collaboration and knowledge exchange among West Africa’s insurance community. On Sunday, 12 October 2025, the WAICA 2025 conference will begin with a Cocktail Welcome Reception at the Insurers House, Victoria Island, in Lagos.

‘The Minister of State, Ministry of Finance, Dr. Doris Uzoka-Anite, has confirmed to deliver the keynote address at the Opening Ceremony of the conference on Monday, 13 October 2025, while Mr. Olusegun Omosehin, Commissioner for Insurance, National Insurance Commission (NAICOM) is the Chief Host.

‘The Local Organizing Committee (LOC) for the 2025 WAICA Education Conference has assembled an array of eminent local and international insurance industry leaders, dignitaries, and technical experts who will speak on and critically dissect the theme and various sub-themes of the conference. These include Dr. Abiba Zakaria, Ag. Commissioner of Insurance, Ghana; Mr. Wole Oshin, Group Managing Director, Custodian Investment Plc; Mr. Bockarie Kaloko, Deputy Minister of Finance, Republic of Sierra Leone; and Ms. Tola Adegbayi, MD/CEO, Mutual Specialist.

She continued: ‘Following the paper presentations, three panel sessions will be held and chaired respectively by Mr. Sunday Thomas, Former Commissioner for Insurance, NAICOM; Alhaji Mohammed Kari, Former Commissioner for Insurance (NAICOM)/Wazirin, Bauchi; and Ms. Olamipo Adeola, Head, Corporate Communication and Branding, Scib Nigeria and Co. Ltd.

‘The LOC have put in place adequate arrangements for the transportation and security of foreign delegates and other participants at the conference to ensure a seamless and safe experience throughout their stay in Lagos.

‘The 2025 WAICA Education Conference promises to be a landmark event, reinforcing regional cooperation and highlighting the critical role of insurers in responding to climate challenges while offering delegates a unique opportunity to experience the dynamism of Lagos’, she noted.

18 major takeaways from Tinubu’s Independence Day speech

President Bola Ahmed Tinubu on Wednesday, in his 65th Independence Anniversary broadcast, paid tribute to Nigeria’s founding fathers while defending his administration’s tough economic reforms.

He admitted that Nigerians are ‘racing against time’ to fix decades of underinvestment in power, roads, and infrastructure, but assured that the country has ‘turned the corner’ towards recovery.

Tinubu also pledged more support for youth, security and social welfare, stressing his vision of a prosperous, self-reliant Nigeria.

1. Tribute to Independence Heroes – Tinubu honoured nationalist leaders like Nnamdi Azikiwe, Obafemi Awolowo, Ahmadu Bello, Margaret Ekpo and others, reaffirming their dream of a prosperous and united Nigeria.

2. Acknowledgement of National Progress – He highlighted advancements since 1960 in education, healthcare, infrastructure, and technology, citing the expansion from 120 secondary schools to over 23,000, and from 2 tertiary institutions to more than 690 today.

3. Resilience Through Challenges – Tinubu reflected on Nigeria’s survival of the civil war, military rule, and political crises, stressing the nation’s determination to overcome adversity.

4. Commitment to Nation-Building – He said his administration is carrying on the ‘unfinished business’ of building a stronger Nigeria, in line with the sacrifices of past leaders.

5. Inherited a Weak Economy – Tinubu stated that his government met a near-collapsed economy due to decades of policy mismanagement.

6. Bold Economic Reforms – He justified ending fuel subsidies and unifying the exchange rate system, noting these steps freed funds for education, healthcare, security, agriculture, and infrastructure.

7. Economic Recovery Signs – Nigeria recorded 4.23% GDP growth in Q2 2025 (fastest in 4 years), inflation dropped to 20.12%, and external reserves grew to $42bn.

8. 12 Key Economic Milestones –

o Record non-oil revenue above ?20 trillion by August 2025.

o Debt service-to-revenue ratio reduced from 97% to below 50%.

o ‘Ways and Means’ debt repaid.

o Foreign reserves at a 6-year high.

o Tax-to-GDP ratio up to 13.5%.

o 5 consecutive quarters of trade surplus, with non-oil exports rising to 48%.

o Oil production rebounded to 1.68m bpd, with local PMS refining resuming.

o Naira stabilised; multiple FX rates abolished.

o ?330bn disbursed to 8m poor households.

o Coal and solid minerals sector booming.

o Major rail, road, seaport, and airport projects ongoing.

o Stock market hit record highs; credit rating upgraded; CBN cut interest rates.

9. Infrastructure Gap Acknowledged – Tinubu admitted Nigeria still lacks sufficient electricity, modern ports, and world-class roads due to past underinvestment, but vowed to correct this.

10. Improved Security Situation – He praised the armed forces for victories against Boko Haram, IPOB/ESN, and banditry, noting peace has returned to many communities in the North-East and North-West.

11. Youth Empowerment Measures – He called youths Nigeria’s greatest asset and highlighted programmes such as:

NELFUND: Over 510,000 students benefitted with nearly ?100bn in loans.

Credicorp: ?30bn loans granted for vehicles, housing, solar energy, and devices.

YouthCred: NYSC members accessing consumer credit.

iDICE: Multi-billion Naira programme to support digital and creative industries.

12. Support for Vulnerable Citizens – Over 8 million households have benefitted from social investment cash transfers.

13. Global Recognition of Reforms – Sovereign credit ratings improved, foreign investors are showing confidence, and the Nigerian stock market hit unprecedented highs.

14. Central Bank Policy Shift – Interest rates were cut for the first time in 5 years, reflecting restored macroeconomic stability.

15. Message of Hope Amid Hardship – Tinubu acknowledged inflation and rising living costs but insisted reforms were necessary to avoid bankruptcy and secure the future.

16. Call for Productivity and Patriotism – He urged Nigerians to produce more, patronise made-in-Nigeria goods, pay taxes, and reduce dependence on imports.

17. Unity and Shared Responsibility – He appealed for collaboration across federal, state, and local governments, stressing that everyone must play a role in nation-building.

18. Vision of a Self-Reliant Future – He assured Nigerians that ‘the dawn of a new, prosperous, self-reliant Nigeria’ is here, closing with a prayer for God’s continued blessing on the nation.

Farmers: New fertiliser policy may trigger price hike

The Coalition of Farmers Association of Nigeria (COFAN) and the Himma Youth Farmers Association of Nigeria (HYFAN), have raised concerns that the restructuring of the Presidential Fertiliser Initiative (PFI) by the Federal Government could lead to a sharp increase prices, that could threaten the productivity of smallholder and youth farmers.

The groups commended President Bola Ahmed Tinubu for his agricultural reforms and programmes aimed at boosting food security, farmer empowerment, and youth inclusion.

However, they warned that the new direction of the PFI risks undermining the progress achieved earlier.

‘The PFI was a cornerstone of Nigeria’s agricultural transformation, ensuring affordable fertilizer through raw material importation and support for local blending plants. Millions of farmers benefitted from this intervention, which strengthened food production and national food security,’ Bamai said.

The farmers’ associations urged President Tinubu not to abandon the importation of raw materials until local production is capable of meeting national demand.

They also called for the Ministry of Finance Incorporated (MOFI) to continue managing importation, arguing that this would guarantee efficiency, transparency, and stability in the supply chain.

‘Nigerian farmers cannot afford a disruption in fertilizer supply at this critical moment. We deeply appreciate your reforms, but we appeal: do not kill the legacy of Buhari’s agricultural transformation on fertiliser access.’

Sustain raw material importation until Nigeria’s local capacity is ready,’ Bamai stressed.

While reaffirming their commitment to work with the government, private sector, and development partners to ensure the success of the restructured PFI, COFAN and HYFAN insisted that protecting farmers in the short term is essential to securing Nigeria’s long-term food security.

Between Amazon, Meta and Nigeria

It was with mixed feelings that I received the recent report of a heavy fine imposed on Amazon over a business practice infraction. After a two-year legal tango, the American online shopping giant was ordered by a U.S. court to pay a historic $2.5 billion settlement with the Federal Trade Commission (FTC).

Amazon was accused in 2023 of tricking consumers into signing up for its Prime subscription service and then made it hard to cancel.

It was established that Amazon used sophisticated subscription traps designed to manipulate consumers into enrolling in Prime, and then made it exceedingly hard for consumers to end their subscription.

For this, Amazon is required to pay a $1 billion civil penalty and provide another $1.5 billion in refunds to an estimated 35 million customers that were ‘harmed by their deceptive Prime enrolment practices’.

Not only did Amazon obey, it quickly unveiled remedial steps it was taking to be compliant with FTC rules. These include ‘clear and conspicuous disclosures’ about the terms of Prime during enrolment process and the ‘easy ways’ to cancel the programme.

For me, what is quite striking is the willingness shown by Amazon to obey the judgement and make restitution without any drama. Its response is consistent with the usual practice of corporates in the U.S. which clearly demonstrates a submission to the rule of law. This is unlike what happens elsewhere, particularly in Africa where these big corporate players behave like outlaws and often resort to all manner of dirty tactics to either stall or compromise judicial process in their respective country of operation. Sadly, they often engage indigenous lawyers without any form of patriotism to undermine their own fatherland.

The example of Amazon only reminds of the contrast of Meta found guilty of corporate atrocities in a place like Nigeria. With its footprints and fingerprints in many courts across the world, Meta can, in fact, rightly be described today as a serial international offender, often motivated by a carnal desire to maximise profit at the expense of the law.

Only in April here in Nigeria, many will recall that Meta was found guilty of heinous breaches including trading with the personal data of millions of unsuspecting Nigerians who use their platforms – Facebook and WhatsApp. The case was brought against them by Federal Competition and Consumer Protection Commission (FCCPC), Nigeria’s equivalent of U.S. FTC.

The fine imposed on Meta in April by the Nigerian tribunal was $220m, with June set as deadline for payment to the federal government.

Earlier in 2024, FCCPC had imposed the fine after due forensic investigation. But typically, Meta thumbed its nose in contempt. It filed an appeal at the tribunal. It took a whole year for the tribunal to review FCCPC’ argument and Meta’s defence before upholding the former.

But no sooner had the judgement been delivered than Meta arrogantly threatened to quit Nigeria, as if it was doing its Nigerian clients a favour. Of course, everyone knew it was all a bluff of a corporate Shylock caught pants down. Apparently realising how futile that was, Meta later resorted to the usual tactic to stall the wheel of justice: file a notice of appeal. Sadly, six months later, we have not heard anything about the case again.

But this is not how Meta behaves back home in America. In 2024, it was fined $1.4b in Texas for the same offence it was asked to pay a ‘chicken feed’ of $220m in Nigeria by FCCPC. The Texas court established that Meta had unlawfully collected and used facial recognition data from millions of Texans without their consent, violating the state’s Capture or Use of Biometric Identifier Act (CUBI).

Elsewhere in Europe, it was also asked to pay $1.3 billion for violating E.U. Data Privacy Rules. In India, South Korea, France and Australia, Meta had faced varying penalties for similar breaches.

But note: wherever it was founded guilty of market abuse outside Africa, Meta promptly obeyed the order to make restitution. It never resorted to the cheap blackmail of threatening to exit those countries.

It is the reason I believe every patriotic and proud Nigerian should be outraged by this seeming apartheid policy by Meta. In the 70s, 80s and early 90s, Nigerians didn’t take kindly with the Apartheid policy in South Africa. No justification, therefore, to stomach a similar insult by Meta. Good enough, there are viable alternatives now promoted by the Chinese. If Meta is not ready to play by the rules set by regulatory authorities in Nigeria like they do in other jurisdictions, they should pack their bags and go where their shenanigans will be tolerated.

No religious persecution in Nigeria, says President

President Bola Ahmed Tinubu has dismissed as false claims of persecution against Christians in Nigeria.

‘They are lying that we have religious persecution and differences. They lie all over the place that we have religious persecution.” Tinubu said at the presentation of a book authored by Imo State Governor Hope Uzodimma, in Owerri.

The event, held at the Emmanuel Iwanyanwu International Conference Centre, which is one of the three newly completed projects earlier inaugurated by the President.

The launch of the book titled ‘A Decade of Impactful Progressive Governance in Nigeria’ drew political heavyweights such as Senate President Goodwill Akpabio, House of Reps Speaker Tajudeen Abbas, Deputy Senate President Barau Jibrin, Deputy House of Reps Speaker Benjamin Kalu, All Progressives Congress (APC) governors and APC National Chairman Prof. Nentawe Goshwe Yilwatda.

Traditional rulers at the event included the Oni of Ife, Oba Adeyeye Enitan Ogunwusi; Obi of Onitsha Alfred Acbebe.

The President, who also listed his administration’s main achievements, added that those who made the allegation against the country failed to realise that Nigerians were advanced enough to engage in religious persecution.

”We are more developed, civilised and well educated. Our Muslim brothers and sisters and Christian brothers and sisters are helping us to build a nation.

”We are united, no religious persecution in Nigeria – it’s a lie from the pit of hell,’ Tinubu said.

Opening his remarks on an optimistic note, he took a jab at his administration’s critics.

‘Our critics can say whatever they want because they don’t know any better; their Arithmetic has always been wrong. We understand financial engineering and progressive methodology much better than they do. That’s why we are here.’

The President restated that Nigeria has ‘turned the corner’ and that ‘the worst is over.’

He therefore urged Nigerians to ‘stay the course’ as his administration’s Renewed Hope Agenda is translating into tangible recovery.

‘I stand before you confident, yet humble enough to say that Nigeria is no longer where it was 10 years ago. Today, I can confidently tell you that the worst is over. Stay the course. Believe in us because we believe in you. We trust the future’, Tinubu said.

The President pointed out that the country is steadily regaining economic credibility, citing a rise in external reserves and improving macroeconomic indicators.

‘Today, our external reserves stand at $42.03 billion, the highest since 2019. This is the proof that Nigeria is regaining its strength and credibility in the global economy,’ he stated.

He added that in the second quarter of this year, the economy grew by 4.23 percent while inflation eased to 20.12 percent in August.

The drop in inflation rate, which is described as ”relief ” is ‘the lowest in more than three years.’

”Slowly, but surely, the effects are reaching out to our people,” Tinubu said. But he had a message for Nigerians: ”You may not feel it yet, be patient.’

Underscoring a rebound in the real sector, President Tinubu reported that Nigeria’s trade surplus rose by more than 44 percent in the last quarter, while manufactured exports surged by 173 percent.

‘These numbers speak of a Nigeria that’s producing, exporting and competing more than ever before,’ he said, adding that the Naira has steadied as foreign-exchange reforms and new investment flows ‘restore confidence in our economy.’

While insisting that the upward climb ‘has been steep,’ President Tinubu maintained that the trajectory is now durable.

‘We will continue to work slowly up, but steadily now with our hands on the plough, no looking back. We are going to get to the top of the mountain,’ he said.

The President linked today’s momentum to the political turn Nigeria took a decade ago.

‘Ten years ago, our great party, the All Progressives Congress, came into office on the promise of change. That change is being witnessed here today,’ he said.

Tinubu credited the late President Muhammadu Buhari with beginning ‘the work of stabilisation,’ noting: ‘ Many years passed, mistakes were made, but the direction of our country shifted for the better ever since we came to power.’

He framed the events in Owerri as both a celebration and a record of stewardship.

Commending Governor Uzodimma for combining governance with authorship, Tinubu said: ‘Good job, good thinking, highly progressive, a man of great vision. Well done.’

By documenting ‘the milestones and struggles of the 10 years that we’ve gone through,’ said the President, the governor had given Nigeria ‘a gift.’

‘No nation can afford to forget its own journey, and no leader should escape the duty of stewardship,’ Tinubu said.

Reiterating his faith in Nigeria’s federal structure, Tinubu said the country is seeing practical dividends of reform.

‘By true federalism, there is no state governor of the Federal Republic of Nigeria that is struggling to pay salaries,’ he asserted, adding that new infrastructure ‘may outlive some of us.’

On education and social mobility, the President said: ‘Today, your children are in school. No child should go to bed hungry or be excluded from being able to pass and be admitted for higher education.’

The President highlighted improvements in healthcare capacity, saying Nigerians ‘can say confidently’ that there are well-equipped hospitals able to treat critical illnesses such as cancer.

‘We are investing in the welfare of our people. Right now, this economy will work for you, not for the smugglers, not for the corrupt,’ he said.

Tinubu thanked Nigerians for their ‘resilience,’ ‘endurance,’ and ‘perseverance,’ promising: ‘You will see prosperity, you will have it.’

Calling for patriotism as Nigeria marks 65 years of nationhood, Tinubu urged citizens to stop ‘talking ill’ of the country.

‘It’s 65 years of Independence – it is not a joke. We are proud of our forefathers. that Nigerians should be one, that it must be an inclusive government, that we must take care of the elderly, we must take care of the vulnerable, we must educate our children, build welfare that will take care of our healthcare system, [and] invest in agriculture mechanisation and irrigation,’ he said.

With adequate food production, he said, Nigeria would not only feed itself but ‘export to other countries.’

President Tinubu contrasted Nigeria’s present with ‘the old way’ that ‘brought our nation close to collapse.’

A ‘break with that past,’ he said, ‘was not an option; it was the only way forward. We broke the jinx.’

He urged Nigerians to ‘look forward,’ not back, and to measure progress by steady, real-world gains: ‘That growth is with purpose, not just on paper; it is real growth.’

Tinubu also defended the nation’s intellectual and cultural confidence amid international scrutiny.

‘We learn English, but we teach English too,’ he said, invoking a broader point about Nigeria’s capacity, cohesion, and ambition.

‘The last decade was a time of change; the coming decade will be an era of renewal and stability, and in that future, together, Nigeria will win. We will win with you’, the President assured.

Turning to Uzodimma, who is also chairman of the All Progressives Governors’ Forum, the President said: ‘You are a man of great vision, and I commend you for good thinking. Well done, seeing the projects that have been inaugurated and authoring a book is a challenging feat.’

Uzodimma reflected on Nigeria’s journey under the APC from 2015 to 2025, highlighting milestones, challenges, and lessons learned.

He emphasised that the book is not just a personal achievement but belongs to the APC family and Nigerians.

The governor described the book as a product of deep reflection that explains ‘progressivism’ in the Nigerian context.

He praised President Tinubu’s visionary leadership and role in forming the APC. He commended him for the economic progress in Nigeria.

Uzodimma told the gathering that Imo State has seen rapid infrastructure growth.

Senate President Akpabio hailed Uzodimma’s efforts in putting together a book that chronicles the APC’s achievements and his vision for Imo State.

Akpabio also commended the President for his leadership sagacity that attracts members of the opposition party to the APC.

‘Many more governors will defect to APC because of the President’s visionary leadership.”

The Obi Onitsha, who spoke for traditional rulers, also commended Uzodimma’s effort and described the book as a great service to the people.

Chairman of the IRS Group of Companies and the book presenter, Isyaku Rabiu, lauded Uzodimma for documenting the achievements of the ruling APC.

He said though not a politician, he is supporting the President for second term because of his economic policies.

Rabiu said: ‘Today, the price of a bag of rice has decreased to N50,000 due to the President’s initiatives to support farmers through fertiliser provision.’

Also, APC National Chairman, Yilwatda, described Tinubu as a custodian of transformation and a master strategist.

He also praised Governor Uzodimma for his leadership.

The governors present at the event were Babajide Sanwo-Olu(Lagos), Lucky Aiyedatiwa (Ondo), Monday Okpebholo(Edo), Biodun Oyebanji (Ekiti), Uba Sani (Kaduna), Dikko Radda (Katsina), Francis Nwofuru (Ebonyi), Inuwa Yahaya(Gombe), Abudulahi Sule (Nasarawa), Sheriff Oborevwori (Delta) and Mohammed Bago (Niger) .

Some of the traditional rulers were Cletus Ilomuanya, Edidem Ekpo Okon Abadi of Calabar, Etsu Nupe Yahaya Abubakar and Eze E C Okeke.

Others at the event are Chief Bisi Akande, Chief Olusegun Osoba, Finance Minister and Coordinating Minister of the Economy Wale Edun, Budget and Planning Minister Atiku Bagudu and his Information and National Orientation counterpart Mohammed Idris.