Year: 2026

  • News Analysis: Why U.S. fails to achieve decisive outcomes in Iran war?

    News Analysis: Why U.S. fails to achieve decisive outcomes in Iran war?

     

    by Mahmoud Fouly

    CAIRO,  (Xinhua)/Flowerbudnews : — Despite its verbal boasts of victory and so-called weapons superiority, the United States has struggled to achieve decisive results in its ongoing conflict with Iran as the regional war approaches the one-month mark.

    Analysts say that while Washington retains a clear edge in firepower, a lack of coherent strategy, mounting divisions with its allies, and an underestimation of Iran’s institutional resilience have prevented the world’s only superpower from achieving the outcomes it anticipated at the outset.

    Mohamed Mohsen Abo El-Nour, head of the Cairo-based Arab Forum for Analyzing Iranian Policies, said the war has demonstrated “a U.S. military superiority, yet an inability to transform this advantage into a decisive political or strategic resolution.”

    A recent editorial by The New York Times, titled Trump Can’t Spin His Way Out of This War, said President Donald Trump “went to war against Iran without explaining his strategy to the American people or the world,” adding that “it now appears that he might not have had much of a strategy at all.”


    Echoing this view, Egyptian expert on Gulf affairs and Iranian politics Abu-Bakr Al-Desouky said that “all indicators point to the absence of a clear strategy,” highlighting a stark contrast between reality and the statements of Trump, who has repeatedly claimed success and major achievements on the battlefield.

    Since last month’s U.S.-Israeli attacks on Iran, the country has endured losses but avoided the catastrophic damage initially claimed by Washington and Israel. Continuing to strike back, Iran’s retaliatory attacks have caused damage to both Israeli and U.S. assets, prompting the United States to deploy additional forces to sustain its confrontation with Tehran.

    Al-Desouky also questioned the underlying rationale of the war, describing it as lacking a clear political or moral foundation, and argued that Washington’s objectives remain vague and inconsistent.

    “Iran did not pose a direct threat to the United States, and it even offered unprecedented concessions during the latest Oman-sponsored negotiations, yet Washington did not negotiate with flexibility or in good faith,” he said.

    Divisions between the United States and its allies have further complicated the situation. Since the United States and Israel launched attacks, many of U.S. allies, including Spain and France, have expressed opposition to the military actions.

    In addition, the United States and Israel have also clashed over how the war is being conducted and its goals, including whether to strike Iran’s energy facilities.


    The recent resignation of Joe Kent, director of the National Counterterrorism Center, in protest against the war, has underscored growing dissatisfaction within parts of the U.S. administration.

    “It is clear that we started this war due to pressure from Israel and its powerful American lobby,” Kent wrote in his resignation letter.

    Al-Desouky described the resignation and opposition from the U.S. allies as “a strong indication of internal discontent within the administration itself, as well as dissent among the broader public.”

    Meanwhile, analysts argue that U.S. policymakers have misjudged Iran’s internal dynamics. Rather than sparking widespread unrest, external military pressure seems to have reinforced domestic cohesion.

    El-Nour noted that foreign strikes have fueled what he described as “defensive nationalism,” with various segments of Iranian society rallying behind the state in the face of external threats.

    “All segments of Iranian society unite in times of external danger,” Al-Desouky said, adding that even opposition groups tend to support the government when national sovereignty is perceived to be under attack.

    This internal cohesion, combined with Iran’s institutional resilience, has made the prospect of “regime collapse” increasingly unlikely.

    As the war drags on, it is sending shockwaves across the geopolitical and economic landscape, driving up oil prices, rattling international markets, and even boomeranging back on the United States itself.

    Observers warn that if Washington keeps pressing ahead blindly, ignoring the realities on the ground, the conflict could spiral into a protracted war of attrition, exacting a heavy toll on all sides involved.

    It is time for the United States to face the reality that the war is unlikely to achieve its objectives, El-Nour said, warning that without a comprehensive political solution, the military operations in Iran could entangle Washington in “a costly, open-ended conflict.”

     

  • Aspirant prays court to void outcome of APC convention for National Vice Chairman, South South position

    Aspirant prays court to void outcome of APC convention for National Vice Chairman, South South position

     

     

    An aggrieved aspirant, Amb. Fubara Dagogo, has prayed the Federal High Court in Abuja to nullify the outcome of any All Progressives Congress (APC)’s national congress for the position of National Vice Chairman, South South, without his physical participation.

    Dagogo urged Justice Joyce Abdulmalik to determine whether there could be a legitimate zonal congress for South South APC with his alleged unlawful exclusion after he was duly cleared and paid for his expression of interest (EoI) and nomination forms.

    The plaintiff, who is a chieftain of the party, named APC and Prof. Nentawe Yilwatda, APC’s National Chairman, as 1st amd 2nd defendants.

    Dagogo also listed Hon Victor Giadom, party’s National Vice Chairman, South South, and Sulaiman Muitamma, APC’s National Organising Secretary, as 3rd and 4th defendants respectively.

    The matter, which was fixed for hearing on Friday before Justice Abdulmalik, could not proceed due to the absence of the judge.

    The case, listed as “number 6” on the cause list, was subsequently adjourned until March 30 for mention.

    In the originating summons, marked: FHC/ABJ/CS/591/2026 dated March 22 and filed March 23 by his lawyer, Chief Ogochukwu Onyema, Dagogo sought six reliefs.

    He sought a declaration that by virtue of APC’s Payment Acknowledgment Receipt No. 26827 dated March 13 and issued to him, he is entitled to be issued with the requisite EoI and Nomination Forms as an aspirant for the position of National Vice Chairman, South —South Nigeria.

    “A declaration of this honourable court that no APC National Chairman South South can emerge from the 25 March, 2026 APC Zonal South-South Zonal Congress when an aspirant like the plaintiff was excluded.

    “A perpetual injunction restraining the defendants from conducting any zonal congress for South-South APC, on Thursday 25th day of March, 2026 as slated in the APC 2026 Schedule Of Nationwide Congresses, National Convention And Related Activities.

    “Until the form of the plaintiff is duly issued, and he is given not less than seven days notice to prepare and participate in the zonal congress, to be conducted on another day.

    “An order of court declaring as NULL and Void and of no Effect, the outcome of any APC National Congress for the position of National Vice Chairman South South conducted on 25//3/2026 or any other time, without the physical participation of the plaintiff,” he prayed.

    Dagogo equally prayed the court to award a general damages of N100 million against the 3rd and 4th defendants jointly and severally for the discomfitures, embarrassments and mental torture, they occasioned to him with their ill conduct.

    “An order of the honourable court awarding, a 10% interest per month on any judgment sum, until same is liquidated,” he added.

    Dagogo, in the affidavit attached to the application, averred that he is a card-carrying member of APC aspiring for the office of National Vice Chairman, South South.

    He said in line with the APC’s schedule, he was cleared and the party received and acknowledged his payment of N100, 000 and N5 million for the Expression of Interest (EoI) Form and Nomination Form respectively on March 13.

    Dagogo said the same day, he went to the 4th defendant’s office to collect the forms and the 3rd defendant, who presently occupies the position he is vying for, saw him and inquired which form he came to collect, and he was told that he is contesting for his present office.

    “That knowing my popularity and acceptability, and that I will likely win and displace him from the office, he brazenly issued instruction stopping the workers from issuing any EoI and Nomination Forms to me.

    ” And they simply told the me that forms for Natiinal Vice Chairman South South has finished, as if they customised the forms,” he said.

    He said in a bid to exhaust internal remedies, he complained to Yilwatda, through a letter dated March 18 but got no response till date, among other party leaders he sought to meet.

    Dagogo, who said Section 20(1)(A) of the Constitution of APC provides that every officer of the party shall be elected through democratic election during congress, urged the court to grant his reliefs in the interest of justice.

    But the APC, in a preliminary objection filed by its lawyer, Kayode Okunade, urged the court to strike out or dismiss the suit for want of jurisdiction.

    Okunade also prayed the court for an order striking out the originating summons filed by Dagogo as incompetent.

    The lawyer, in his eight-ground argument, said the subject matter of the suit borders on the internal affairs of a political party, which is non-justiciable and outside the jurisdiction of the court.

    He said Dagogo’s complaint, relating to non-issuance of nomination form despite payment, concerns the conduct of party congresses and pre-primary processes, which are within the exclusive domestic jurisdiction of the party.

    Okunade argued that the applicant lacks the locus standi to institute the action, having not been duly recognised as a valid aspirant under the APC Constitution and Guidelines.

    He said the suit is premature, the applicant having failed to exhaust the internal dispute resolution mechanisms provided under the party’s constitution.

    The lawyer, who said the suit constitutes an abuse of court process, aimed at inviting the court to interfere in the discretionary powers of a political party, argued that Dagogo had not disclosed any reasonable cause of action against the respondents.

    In his replying on points of law, Onyema who urged the court to dimiss the preliminary objection, argued that illegality in party processes should attract judicial sanction.

    The lawyer, citing previous cases, including APC vs. Marafa (2020), submitted that “political party affairs remain internal only to the extent that they are conducted in accordance with the law and party’s rules.”

    According to him, once fraud, illegality or breach of mandatory provisions is introduced, the matter becomes justiciable, among other arguments.

    “We therefore implore my lord to dismiss this preliminary objection, assume jurisdiction and determine the matter on its own merit,” he said.

  • NAFDAC, NHIA Partner to Enhance Access to Quality Healthcare by Nigerians

    NAFDAC, NHIA Partner to Enhance Access to Quality Healthcare by Nigerians

     

    (NAFDAC Director General, Prof Adeyeye in group photograph with NHIA DG, Dr. Kelechi Ohiri, his entourage and NAFDAC principal officers)

     

    (Prof. Adeyeye stressing an important point during the visit)

    –   Advocates involvement of both NAFDAC and the Pharmacists Council of Nigeria (PCN) in the procurement processes of medicines as a critical measure to curb the circulation of counterfeit and expired drugs in healthcare facilities

     

     

    By Biola Lawal

    Abuja (FLOWERBUDNEWS):  In line with the Presidential  Renewed Hope Agenda for  Universal Health Coverage for all Nigerians, the National Agency for Food and Drug Administration and Control (NAFDAC) has began collaboration with the National Health Insurance Authority (NHIA) to improve access to quality medicines in hospitals across the country.

     

     

    The Director-General of NAFDAC, Prof. Mojisola Christianah Adeyeye, made this known on Thursday in Abuja while speaking during a courtesy visit to her by the Director-General of NHIA, Dr. Kelechi Ohiri.

    Prof. Adeyeye noted that the unfolding collaboration between NAFDAC and  NHIA would be a renewed drive to strengthen Nigeria’s healthcare system, for the achievement the Presidential directive aimed at achieving Universal Health Coverage for all Nigerians.

    Prof. Adeyeye however stressed the need and importance of involving both NAFDAC and the Pharmacists Council of Nigeria (PCN) in the procurement processes of medicines.

    According to her, such collaboration ‘:is critical to curbing the circulation of counterfeit and expired drugs in healthcare facilities and ensuring that Nigerians have access to safe, effective, and high-quality medicines.”

    She further highlighted the regulatory roles of NAFDAC and PCN, noting that their responsibilities extend to monitoring compliance, sanctioning defaulters, revoking licenses, and, where necessary, shutting down pharmaceutical companies that fail to adhere to Good Manufacturing Practice (GMP) standards.

    The NAFDAC boss also expressed concern over the challenges Nigerians face in accessing quality healthcare services, particularly those covered under the NHIA scheme. She described the experiences of many patients as difficult and, at times, traumatic.

     

    Reaffirming the agency’s commitment, Prof. Adeyeye pledged that NAFDAC would continue to strengthen partnerships with relevant government agencies to ensure the availability of quality medicines.

    The NAFDAC DG reiterated her Agency’s commitment to helping to alleviate the burden faced by citizens in accessing healthcare, a burden which is being tackled through President Bola Ahmed Tinubu’ s Renewed Hope agenda for easy access to healthcare be all Nigerians.

    In his remarks, the NHIA Director-General Dr. Ohiri, commended Prof. Adeyeye for her leadership and dedication to safeguarding public health through the regulation of medicines and other products.

    He noted that effective healthcare delivery required strong synergy between regulatory bodies and service providers.

    Dr. Ohiri explained that the purpose of his visit was to review the existing Memorandum of Understanding (MoU) between NHIA and NAFDAC, strengthen institutional collaboration, and discuss ongoing reforms aimed at improving healthcare access and advancing the medicines supply initiative.

    He also highlighted the Basic Healthcare Provision Fund as a key initiative designed to expand health insurance coverage and address pressing concerns of citizens.

    The NHIA DG appreciated Prof. Adeyeye for identifying challenges faced by patients and assured that the ongoing reforms within NHIA would address most of these issues. (FLOWERBUDNEWS)

  • AXA Mansard launches mentorship drive to boost women’s investment culture

    AXA Mansard launches mentorship drive to boost women’s investment culture

    By Taiye Olayemi

    AXA Mansard Investment has unveiled a speed-mentoring programme aimed at strengthening the investment culture and financial literacy of women in Nigeria.

    The initiative, launched to commemorate International Women’s Day, targets young professional women seeking to improve their financial decision-making and long-term wealth creation prospects.

    With the theme, “Acting for Her Progress,” the programme brought together accomplished female professionals across various sectors, who dedicated time to mentor and guide participants on navigating investment opportunities and building financial confidence.

    Among the mentors are Omolara Ismail of Jaiz Bank, Ifedayo Durosimi-Etti, Founder of Herconomy, Bolu Essien, a filmmaker and marketing professional, Fiona Uwagwu of Ogilvy UK, and senior executives from AXA Mansard, including Omowunmi Adewusi, Ngozi Ola-Israel, Jumoke Odunlami, Adebola Surakat and Abisola Nwoboshi.

    Commenting on the initiative, the Chief Executive Officer of AXA Mansard Investment, Deji Tunde-Anjous said that the programme represents another way AXA Mansard Investment is driving and ensuring inclusive protection.

    ‎He said, “The need to empower and strengthen the financial base of women is something we take very seriously.

    “We understand that women are multipliers and the more investment we make in them, the better the society becomes.

    “Iliteracy is a fundamental gap in the development trajectory of the society. But when you empower the women, we can close that gap faster”.

    ‎“At another level, this programme also represents our deep commitment to gender balance.

    “We wanted to demystify the myth around investment and risks, and we thought the best way to do that is to provide direct access to other women of who have walked the terrain.

    “We are excited and encouraged from the responses so far. The slot filled us faster than we imagined,”

    ‎On her part, Adebola Surakat, Chief Marketing Officer of AXA Mansard Plc, highlighted the importance of creating platforms where women can learn directly from those who have successfully navigated similar journeys.

    ‎“At AXA Mansard, we believe financial empowerment is one of the most powerful ways to unlock opportunities for women.

    “Mentorship plays a critical role in that journey, allowing women to learn directly from those who have successfully built, grown, and protected wealth.

    ‎”Through our Acting for Her Progress initiative, we are creating a platform where experienced women can give their time, insights, and encouragement so that others gain the clarity, confidence, and support needed to take bold steps in their financial and professional journeys.

    “For us, it is not just about celebrating successful women; it is about creating pathways for more women to progress, thrive, and build lasting financial security.”

    ‎Through initiatives like this, AXA Mansard continues to reinforce its commitment to empowering women by providing access to mentorship, knowledge, and supportive communities that encourage them to grow, lead, and thrive.

  • Cleric asks judge to vacate order of final forfeiture on N70m Abuja house

    Cleric asks judge to vacate order of final forfeiture on N70m Abuja house

     

    A cleric, Mr Nuhu Muhammed, has prayed Justice James Omotosho of the Federal High Court in Abuja to set aside the order of final forfeiture made, forfeiting an Abuja property worth N70 million to the Federal Government.

    Muhammed, in a motion on notice filed by his counsel, Mike Enahoro-Ebah, told Justice Omotosho that he is the bonafide owner of the property.

    Muhammed, who said he is an Islamic scholar and a realtor based in Okene, Kogi, alleged that the Economic and Financial Crimes Commission (EFCC) got the order by misrepresentation and suppression of germane facts.

    Justice Omotosho had, on Feb. 18, made an order for final forfeiture of the property located at No. 12, 5th Avenue, 59 Crescent, Gwarimpa in Abuja.

    The judge gave the order following a motion on notice, marked: FHC/ABJ/CS/2431/2025, for final forfeiture moved by Emenike Mgbemele, counsel to the EFCC.

    Mgbemele had told the court that the commission had complied with the earlier court order to publish the interim forfeiture order in a national daily for interested person(s) to show cause why the final order should not be made with respect to the property.

    He said the property, comprising one unit of 4 bedroom detached bungalow with pent house and two-room boys quarters, was reasonably suspected to be proceeds of unlawful activities.

    In the motion dated Feb. 9 but filed Feb. 10 by Ekele Iheanacho, SAN, the lawyer gave six grounds why the motion should be granted.

    Also, an EFCC’s investigator, Alozie Andrew, in the affidavit he deposed to, said a petition was received from the Anti-Corruption Network regarding the property.

    He said on receipt of the petition, it was assigned to his team for discreet investigation.

    The investigator said the N70 million used in the purchase of the property was traced to the Kogi State internally Generated Revenue Service (KGIRS).

    He said that Sen. Oseni Yakubu, while serving as the Chairman of KGIRS approved payments to Bespoque Business Solutions Ltd to which he was the sole signatory.

    Andrew alleged that Yakubu directed that the sum of N70 million he received as kickback from the consultant, be applied to purchase the said property.

    The officer averred that the funds, received as a kickback by Yakubu, was paid to EFAB Properties Ltd in two tranches of N25 million and N45 million.

    However, Muhammed, in the application dated and filed on Feb. 24 by Enahoro-Ebah, disagreed with the averments.

    The Islamic scholar sought two reliefs.

    These include an order vacating or setting aside the order of final forfeiture made on Feb. 18, forfeiting the property to the Federal Government, “on the grounds of fundamental breach of his right to fair hearing, procedural irregularity, concealment of truth and misrepresentation of facts.”

    He also sought an order directing the EFCC to release forthwith to him all the documents seized from him in respect of the property.

    Giving 22 grounds why his application should be granted, his lawyer submitted that Muhammed is the bonifade owner of the property and had been in quiet and peaceable legal possession of same since August 2017.

    He said on Jan. 13, the court granted an ex-parte interim order of forfeiture in respect of the said property upon the commission’s application.

    Enahoro-Ebah stated that the said order was published on Jan. 23 edition of Business Day Newspaper, inviting any interested party to show cause within the stipulated period of 14 days why a final forfeiture order should not be made.

    According to him, the publication was made in a Business Day Newspaper which is a business newspaper meant primarily for those in the business community and those interested in business rather than national dailies such as Daily Trust and Vanguard Newspapers.

    The lawyer argued that Muhammed primarily resides in Okene, Kogi, where Business Day Newspaper does not ordinarily circulate.

    He said his client only became aware of the interim order of forfeiture when his attention was drawn to the motion for final forfeiture on Feb. 12, after the expiration of the 14-day period stipulated therein and a day after the saidotion for final forfeiture was taken.

    He said the EFCC had invited Muhammed with respect to the property in the past and thus had his contact information but deliberately failed to serve him the interim order of the court or the motion on notice filed Feb. 10.

    Besides, the lawyer said the commission was aware that Muhammed had a tenant in the property and that any notice pasted on the premises or served on the tenant would be promptly brought to his attention.

    Enahoro-Ebah said Muhammed, upon becoming aware of the proceedings, promptly instructed him to approach the court with all requisite applications, including a motion for extension of time within which to show cause and leave to file an affidavit to show cause.

    He said this was so because additional time was required to collate documentary evidence substantiating the legitimate ownership of the property by the interested party/applicant.

    He said on Feb. 6, relevant court papers were filed, served on the EFCC, transmitted to the registry of the court and were duly received and acknowledged on the same date.

    Enahoro-Ebah said on Feb. 18 when the matter came up for ruling on the commission’s application for final order of forfeiture, he drew the court’s attention to their filed documents.

    He, however, said that due to administrative lapses, Muhammed’s processes could not be found in the court’s file.

    “Consequently, the court proceeded to deliver its ruling granting the order of final forfeiture,” he said.

    The lawyer argued that the instant application is premised on the fundamental breach of the applicant’s constitutionally guaranteed right to fair hearing under Section 36(1) of the 1999 Constitution (as amended).

    He argued that the final forfeiture order was obtained “in violation of the principles of natural justice, particularly the audi alteram partem rule, and contrary to the procedural safeguards enshrined in Section 17(4) and (5) of the Advance Fee Fraud and Other Related Offences Act, 2006.”

    He submitted that the anti-graft agency concealed facts in obtaining the order.

    He urged the court to grant the application in the interest of justice so as to prevent irreparable harm and miscarriage of justice.

    Muhammed, in the affidavit he deposed to, said Sen. Yakubu was appointed as the chairman of Kogi Internally Generated Revenue Service (KGIRS) as a result of his sincere, earnest and effectual fervent prayers.

    The cleric said the appointment was also as a result of separate acts of devotion, costly offerings, sacrifices and obligatory vow fulfilment, all to Yakubu’s acknowledgement and approval.

    He said in fulfilling his vow, Yakubu offered to pay him in 2017 for his services and asked how the payment should be effected.

    According to him, I opted not to be paid in cash as I feared I would utilise the money for other clients and to solve other problems without having anything to show for it.

    “Hence, I informed him of my desire to acquire a landed property in Abuja-FCT particularly from Efab Properties Ltd at their Gwarinpa Estate,” he said.

    The Islamic scholar said Yakubu paid for the property and was given to him as a “gift to offset all his outstanding indebtedness to me at that material time.”

    Muhammed, who said he had been in quiet and peaceable legal possession of the property since August 2017, prayed the court to grant his application.

    But Andrew, in a counter affidavit he deposed to, prayed the court to dismiss Muhammad’s application.

    The investigator insisted that contrary to the cleric’s averment, it was Sen. Yakubu who directed the consultant to pay the sum of N70 million to Efab Properties Ltd for the purchase of the subject property using Nuhu Muhammed’s name.

    According to him, Exhibit EFCC 5 which is the statement of Senator Yakubu confirms that the senator paid for the property with proceeds of unlawful activity under the instructions of the former Governor, Yahaya Bello.

    Justice Omotosho adjourned the matter until April 15 for hearing.

  • FG unveils entrepreneurship certification programme to tackle graduate unemployment

    FG unveils entrepreneurship certification programme to tackle graduate unemployment

     

    By Funmilayo Adeyemi

    Abuja:  The Federal Government says the Entrepreneurship, Innovation and Business Incubation Certification (EIBIC) programme aims to transform Nigerian students from job seekers into job creators and driving innovation-led economic growth.

    The Minister of Education, Dr Tunji Alausa, said this while unveiling the programme in Abuja on Friday.

    Alausa said the initiative marked a major shift in Nigeria’s education system toward entrepreneurship, innovation and enterprise development.

    Alausa described the programme as a strategic response to evolving global realities where technology continues to reshape industries and traditional employment opportunities decline.

    “Today marks not just the launch of a programme, but the beginning of a new paradigm in Nigeria’s education system.

    “This programme will shift our young people from passive learners to active innovators and from graduates to nation builders,” he said.

    He commended universities, the National Universities Commission (NUC), TETFund, industry partners and directors of entrepreneurship centres for supporting the initiative.

    According to the minister, Nigeria’s youthful population remains both a major asset and responsibility, stressing that conventional academic models alone could no longer address unemployment and employability challenges.

    He explained that EIBIC was designed to embed entrepreneurship training across disciplines including engineering, medicine, law, sciences and the creative arts.

    “Under the programme, students would acquire practical skills in innovation, business planning, financial literacy and venture development while still in school.

    “EIBIC enables students to convert knowledge, talent and passion into viable enterprises even before graduation,” he said.

    Alausa noted that the programme aligned with President Bola Tinubu’s Renewed Hope Agenda and the Federal Ministry of Education’s reform framework under the Nigeria Education Sector Renewal Initiative (NESRI).

    He added that the initiative would strengthen Science, Technology, Engineering, Mathematics and Medical Sciences (STEMM) education, promote skills acquisition, enhance industry-academia collaboration and position education as a driver of economic growth.

    The minister said EIBIC would operate through a structured multi-level model, beginning with entrepreneurship exposure at 100 level, progressive skills development at intermediate stages and full business incubation, mentorship and venture creation at the final stages.

    Alausa said that EIBIC had already been introduced in 14 universities in its first phase, adding that all federal universities, alongside selected federal polytechnics and colleges of education, would be onboarded by 2027.

    He said full adoption across federal tertiary institutions was targeted for completion by 2028.

    Alausa directed vice-chancellors of participating universities to secure Senate approval for full integration of the programme before the end of April.

    He urged lecturers, industry partners and investors to actively mentor and support student innovators, while calling on students to embrace entrepreneurship opportunities with dedication and creativity.

    The minister expressed optimism that the programme would accelerate Nigeria’s transition toward an innovation-led economy.

    The EIBIC Subject Matter Expert, Prof. Sunday Adebisi, who is from the university of Lagos, said the initiative would strengthen the link between education and industry by providing practical skills aligned with real-world economic and business needs.

    Adebisi said the programme would encourage students to transform hobbies, talents, interests and academic knowledge into viable enterprises through structured incubation pathways.

    According to him, it will also provide mentorship opportunities, innovation support systems and access to funding mechanisms to help students launch sustainable businesses before graduation.

    “The initiative is expected to support wealth creation by encouraging sustainable enterprises capable of generating income and expanding opportunities across communities,” he siad.

    Mr Debo Olujimi, Chief Executive Officer, EMADEB Energy and Founder Ibom Upstream, pledged an investment of N200 million across universities in the six geopolitical zones to support the growth of young people.

    The 14 universities to offer EIBIC programme were selected from federal universities across the six geopolitical zones of the country.

    They are: University of Lagos; Ahmadu Bello University, Zaria; Bayero University, Kano; Uthman Danfodio University, Sokoto; University of Benin; University of Port Harcourt and Obafemi Awolowo University, Ile-Ife.

    Others are University of Ibadan; University of Maiduguri; Abubakar Tafawa Balewa University, Bauchi; University of Nigeria, Nsukka; Nnamdi Azikiwe University, Awka; and University of Abuja.(NAN)(www.nannews.ng)

  • 2026 APC National Convention: As Eagle Square Beckons

    2026 APC National Convention: As Eagle Square Beckons

    By Stanley Nkwocha

    As dawn settles over Eagle Square in Abuja, what gathers this weekend is not simply a political convention. It is something more consequential. As part of a series of activities to strengthen the All Progressives Congress (APC) and prepare for the 2027 general elections, the event will focus on electing a new National Executive Council, following nationwide ward and state congresses.

    Since Nigeria’s return to democratic rule in 1999, party conventions have often been moments of negotiation, consolidation, and occasionally rupture. However, this one carries a different weight. It comes at a time the country is attempting one of the most ambitious socio-economic restructuring in its post-independence history.

    For those involved in the internal workings of the APC, the exercise is neither ceremonial nor routine. It is a reckoning with a set of promises made under difficult circumstances, and an attempt to measure whether those promises have begun to take institutional form.

    Nigeria has been here before. In the early 1980s, under austerity. In the mid-1990s, under structural adjustment. Each period demanded sacrifice, but often without a clear social contract between policy and people. The present moment attempts something more deliberate. It seeks to restructure without losing political legitimacy, a task that has historically proven elusive in many developing economies.

    To understand the significance of this moment, one must return to May 2023, when the administration of President Bola Ahmed Tinubu assumed office. The Nigerian economy at that time was constrained by a set of entrenched distortions. Fuel subsidies alone had consumed trillions of naira over decades, often benefiting intermediaries more than ordinary citizens. Multiple exchange rate windows had created arbitrage opportunities that discouraged productive investment.

    The decision to remove fuel subsidy was not unprecedented in Nigerian history. Attempts had been made under successive administrations, including those of President Olusegun Obasanjo and Goodluck Jonathan, both of which encountered strong public resistance. What distinguishes the 2023 reform is the simultaneity of actions. The unification of exchange rates occurred alongside subsidy removal, signalling a willingness to confront structural inefficiencies in a coordinated manner.

    The immediate effects were painful. Inflation rose, and the cost of living increased sharply. Yet, fiscal indicators began to shift. Government revenues expanded significantly, with increases exceeding nine trillion naira within a year. More importantly, the ratio of revenue to debt service, which had approached unsustainable levels close to total revenue, began to decline. For a country that had been spending nearly all it earned on servicing debt, this shift represents a critical turning point. Historically, countries that have successfully navigated similar reforms did so by pairing fiscal discipline with targeted social support.

    Infrastructure has long been a measure of state capacity in Nigeria. From the railway expansions of the colonial era to the oil-funded road networks of the 1970s, each phase of development has been marked by attempts to physically integrate the country’s vast geography.

    The current administration’s emphasis on large-scale projects such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry corridor reflects a return to this tradition. These construction projects are attempts to redraw the nation’s economic geography by linking production zones to consumption centres and export routes.

    Nigeria’s infrastructure deficit has been estimated by the African Development Bank to require investments running into hundreds of billions of dollars over several decades. Against this backdrop, each completed corridor represents more than asphalt and concrete. It signals the possibility of reducing transaction costs, improving market access, and encouraging regional specialisation.

    Few issues capture Nigeria’s past economic problems more clearly than its energy sector. For decades, the country exported crude oil while importing expensive refined petroleum products, which drained our foreign exchange. This dependence on foreign fuel has finally begun to change due to major private sector investments, most notably the Dangote Refinery.

    This transition is especially important given the current Israel-Iran war, which has caused global oil prices to spike. Without these domestic refining capabilities, the high cost of imports would have terribly hit the country, leading to extreme inflation and even greater economic instability.

    Nigeria’s demographic structure has always been both an opportunity and a challenge. With a median age under twenty, the country’s future is inseparable from the aspirations of its youth. What is emerging within the political process is a recognition that participation can no longer be mediated solely through traditional structures.

    The increasing role of digital platforms in political communication reflects this shift. Engagement is becoming more immediate, more decentralised and, the in many cases more demanding. Programmes such as student loan initiatives, digital enterprise funding, and skills development schemes by the federal government are attempts to translate demographic potential into economic productivity. The scale of these interventions remains a subject of debate, but their direction signals an acknowledgement that economic transformation cannot occur without human capital development.

    On the cost of food, the ongoing reforms of the Tinubu administration are having a positive effect. According to 2025 data from the National Bureau of Statistics (NBS), food prices had eased on a month-on-month basis by September 2025. Prices for key food items such as rice, garri, and tomatoes dropped slightly in September and in November 2025, thereby improving supply.

    Historically, countries that have harnessed youthful populations, such as South Korea in the latter half of the twentieth century, did so through sustained investment in education and export-oriented industrialisation. Nigeria’s path will necessarily differ, but the underlying principle remains the same.

    Granted, some reforms come with momentary hardships, but there have been sustained attempts by the current administration to immediately mitigate these challenges. Targeted interventions for small businesses, the increase in national minimum wages, the cash transfers, and temporary tariff adjustments on essential goods further indicate a balancing act between reform and relief.

    Every political era seeks a defining narrative. For the current administration, that narrative is still being written. The convention in Abuja offers an opportunity to articulate it more clearly, both to party members and to the broader public. Nigeria’s post-independence history has been marked by cycles of ambition and disappointment. Each generation has confronted the question of whether structural change is possible within existing institutions. The answer has often been uncertain.

    What is unfolding now is an attempt to answer that question differently. Whether it succeeds will depend on consistency, institutional discipline, and the capacity to translate policy into lived experience.

    The significance of this convention, therefore, lies not in its speeches or ceremonies, but in what it represents. It is a moment where political intent meets economic and social reality, and where the future of governance in Nigeria is being quietly but decisively, negotiated.

    Nkwocha, the Senior Special Assistant to The President on Media & Communications (Office of The Vice President), is serving as Vice Chairman 2 in the Digital and New Media Sub-Committee in the 2026 APC National Convention Committee.

  • Fair: NPA simplifies export processes for made-in-Nigeria goods in ports

    Fair: NPA simplifies export processes for made-in-Nigeria goods in ports

    Fair: NPA simplifies export processes for made-in-Nigeria goods in ports

    The Nigerian Ports Authority (NPA) says it has simplified export processes for made-in-Nigeria goods transit through the nation’s ports to be as seamless as possible.

    The Managing Director of NPA, Dr Abubakar Dantsoho, said this on Thursday during the NPA Special Day at the ongoing 37th Enugu International Trade Fair.

    Represented by Mrs Ezinne Asinobi, Assistant General Manager Corporate Affairs, the managing director said that the seamless export processing and shipment aligned with the ease of doing business orientation of the current administration.

    “To achieve this, we are eliminating human interface which encourages underhand dealings by pursuing the full automation of our processes and procedures with the implementation of the National Single Window (NSW).

    “For the avoidance of doubt, the NSW is the global best practice for delivering the greatest value with the greatest ease by connecting all stakeholders in the trade value chain for seamless interaction at the push of a button,” he said.

    Dantsoho noted that the move showed that the NPA had put measures in place to link value creators in the remotest part of the hinterland with the farthest clusters of demand anywhere on the globe.

    He commended the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) for the resilience to sustain the culture of hospitality and business friendliness that had continued to attract people from all over the globe.

    “The strategic positioning of Enugu as the gateway to the South-Eastern hinterland present huge opportunities for the expansion of export opportunities which is focal point of the Nigerian Ports Authority,” he said.

    Earlier,  the President of ECCIMA, Mr Nnanyelugo Onyemelukwe, hailed NPA central role in the socio-economic lives of the people particularly in the development and facilitation of commerce and Industry especially in the maritime sub-sector.

    “We are proud of your sustained presence in our fairs and urge you to continue to keep faith with us as we work together to build a more prosperous economy for our dear nation, Nigeria.

    “May I, therefore, use this opportunity to commend specially the chairman and members of the organizing committee of NPA participation in this ongoing fair.

    “The hard work and commitment they have made for NPA’s participation in this fair is highly appreciated,” Onyemelukwe said.

    The theme of this year’s fair is: “Empowering Micro, Small and Medium Enterprises (MSMES) for Global Competitiveness”

  • NFVCB Honours Toyin Abraham-Ajeyemi as Box Office Champion, Celebrates Record-Breaking Cinema Success

    NFVCB Honours Toyin Abraham-Ajeyemi as Box Office Champion, Celebrates Record-Breaking Cinema Success

    The National Film and Video Censors Board (NFVCB) has honoured leading Nollywood actress, producer, and director, Toyin Abraham-Ajeyemi with the prestigious Box Office Champion Award, in recognition of her outstanding cinematic achievement and record-breaking performance of her film, Oversabi Aunty, at the Nigerian box office.
    Presenting the award in Lagos, the Executive Director of the NFVCB, Dr. Shaibu Husseini, described the occasion as a celebration of excellence, creativity, and the remarkable strides of Nigeria’s film industry.
    “It is my honour to welcome you all to this special occasion as we celebrate excellence, creativity, and the remarkable achievements within Nigeria’s film industry,” he stated.
    Dr. Husseini conveyed the warm regards and apologies of the Honourable Minister of Arts, Culture, Tourism and Creative Economy ,Barr. Hannatu Musa Musawa, who was unavoidably absent due to an official engagement in the United Kingdom. He noted that the Minister extends her full support and congratulations to the award recipient.
    The NFVCB boss highlighted that Oversabi Auntie has achieved an extraordinary milestone, grossing over one billion naira at the Nigerian box office—a feat he described as both a personal triumph for the actress and a strong indicator of Nollywood’s growing global potential.
    “This accomplishment is not only a personal triumph but a testament to the growing strength, resilience, and global potential of Nollywood,” he said, adding that the Board remains committed to supporting a thriving film culture that contributes meaningfully to the national economy.
    Dr. Husseini also expressed profound appreciation to the wife of the Oni of Ife, Olori Temitope Ogunwusi for graciously serving as the Mother of the Day, noting that her presence added dignity and honour to the event. He further commended industry guilds and professional associations for their continued collaboration in advancing the sector.
    In a goodwill message, the National President of the Actors Guild of Nigeria (AGN), Sanusi Abubakar Yakubu, described the award as a defining moment where art, enterprise, and destiny converge.
    He praised Toyin Abraham-Ajeyemi as a trailblazer who has redefined the possibilities within Nollywood, noting that her film’s impressive ₦1.6 billion box office performance signals a shift toward a more commercially astute, globally competitive, and self-assertive Nigerian film industry.
    “Her achievement is a signal that Nigerian stories are no longer waiting for validation; they are asserting themselves and commanding global attention,” he said.
    Yakubu also commended the NFVCB for institutionalising a culture of measurable excellence, adding that the recognition would inspire filmmakers and actors to pursue higher standards of creativity and commercial success.
    Speaking at the event, Olori Temitope Ogunwusi noted that her presence underscored her deep appreciation for the film industry and the celebrant. Reflecting on the film, she remarked that Oversabi Auntie conveys an important message on parenting, emphasizing the need for closer relationships between parents and their children.
    In her response, Toyin Abraham-Ajeyemi expressed heartfelt gratitude to the NFVCB for recognising her work at such a significant milestone. She also appreciated the presence of stakeholders and specially acknowledged the Olori for honouring the occasion with her attendance.
    The event drew key stakeholders from across the creative industry, reinforcing the growing recognition of cinema as a major driver of cultural expression and economic growth in Nigeria.

    Ogbonna Onwumere
    Director, Corporate Affairs,
    National Film and Video Censors Board.