Author: The Nation

  • Committee lists benefits of Tax Reform Acts 2025

    Committee lists benefits of Tax Reform Acts 2025

    The National Tax Policy Implementation Committee (NTPIC) has enumerated the benefits of the Nigerian Tax Reform Acts 2025, stating that it marks a significant turning point in the country’s pursuit of a robust and sustainable economy.

    NTPIC Chairman, Joseph Tegbe, stated that the tax law is a comprehensive overhaul of the country’s fiscal architecture, aimed at creating a modern, efficient, and transparent tax system that supports economic growth, development, and prosperity for all Nigerians.

    Tegbe, who is also the Director-General of the Nigeria-China Strategic Partnership (NCSP), affirmed that the new tax law is built around four key pillars: reconnecting the economy to the state, standardising and modernising fiscal administration, promoting predictability, and re-balancing the fiscal social contract.

    “By broadening the tax net, simplifying rules, and improving administration, we are creating a more predictable fiscal environment that supports businesses and households,” he explained.

    The NTPIC Chairman cited global best practices that informed the reforms, drawing examples from South Korea, Singapore, and Rwanda, where tax reforms have driven economic growth and development.

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    “These countries have shown that with the right policies, institutions, and leadership, it is possible to transform a nation’s economy and improve the lives of its citizens,” he said.

    According to him, the tax reform will protect low-income earners and small businesses, with measures such as zero tax rates for those earning up to N800,000 and the expansion of zero-rated VAT items for critical sectors, including healthcare, education, and agriculture.

    “By taking away the tax burden on small income earners and small businesses, the reforms aim to preserve livelihoods, encourage formal participation, and allow enterprises to grow organically. We recognise that these sectors are critical to our nation’s development, and we are committed to supporting them,” Tegbe noted.

    He further pointed out that the Acts also emphasise digitalisation and technology-driven tax administration, with the introduction of e-invoicing to improve compliance, transparency, and reduce administrative burdens, a significant step towards modernising the tax system and making it more efficient.

    Consequently, Tegbe emphasised that the success of the reform depends on careful implementation, necessitating ongoing engagement with stakeholders to ensure proper understanding.

    The implementation of the tax Act is expected to stabilise the fiscal environment, support production, protect critical sectors, and modernise tax administration in line with global standards.

    It will also enhance Nigeria’s ease of doing business, attract foreign investment, and generate employment opportunities.

    “We are confident that these reforms will unlock new opportunities for businesses, investors, and entrepreneurs, and contribute to the growth and development of our economy,” the NTPIC Chairman stated.

  • How Flavour’s Homecoming rocks Awka

    How Flavour’s Homecoming rocks Awka

    By Chuka Nnabuife

    Memories of Flavour’s Homecoming concert at the Solution Fun City, Awka, on December 30 are still fresh. The event was a grand slam, with over ten thousand participants rocking out to the Anambra State-born musician’s tunes. The venue was abuzz with energy, verve and ample space for attendees to roam and revel in the festivities. There was a large space for cars to park and scores of security cops on duty.

    As the star artiste Flavour (locally known as Chinedu Izuchukwu Okoli) took the stage, the audience was treated to a seductively lit, colourful spectacle that went beyond just music and performance. Flavour’s infectious rhythms had the crowd dancing, singing along, and making merry. The atmosphere was agog, electric, with young lads blasting away fireworks in the euphoria of the Yuletide season. When the popular avantgarde, Onitsha-based cleric, Chukwuemeka Cyril Ohanaemere (aka Pastor Odumeje, Indaboski among other aliases) joined Flavour to perform on stage, the arena erupted higher.

    But it wasn’t just the music that stole the show – the Solution Fun City itself was a spectacle to behold. Brilliantly coloured paintings, artistic installations, and engaging pieces of functional engineering created an atmosphere of wonder. As attendees explored the venue, they discovered a vast array of facilities, including an amusement park, water park, and lifestyle entertainment complex.

    Indeed, the Solution Fun City is more than just a recreational park – it’s a large, integrated leisure destination that’s redefining modern recreation in Southeastern Nigeria. With its thrill rides, Ferris wheel, water slides, and sports facilities, it’s the perfect spot for families, tourists, and major events. The facility boasts an impressive array of amenities, including multiple swimming pools, indoor gaming and cinema halls, a mini-sports stadium, and courts for tennis, squash, volleyball, and badminton.

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    Governor Chukwuma Charles Soludo who spoke at the concert noted that the fun city has been attracting over seven thousand visitors daily during the Yuletide period, a testament to the ingenuity of the initiative. As Anambra State’s flagship leisure project, the Solution Fun City is positioning the state as a hub for modern recreation, tourism, and the creative economy.

    The success of the Flavour concert is a clear indication that the Solution Fun City is on the right track. The facility has become a beacon of entertainment and leisure in Anambra State, offering something for everyone. Whether for a thrill-seeker or family looking for a fun day out, or simply someone who wants to experience the best of Anambra’s culture, the Solution Fun City is fast-evolving into the place to be, not only in Anambra but in the South-East zone.

    As the Yuletide season comes to a close, the Solution Fun City remains a shining example of what Anambra State has to offer. With its unique blend of entertainment, culture, and natural beauty, it is turning out to be a destination that leaves a lasting impression on visitors.

    • Nnabuife, Managing Director of the Anambra State Civic and Social Reformation Office writes from Awka.

  • PTAD: Resolving pensioners’ issues

    PTAD: Resolving pensioners’ issues

    TSWANYA: Hello, my name is Tswanya. My monthly pension is N17000 but it was reduced to N9000. Why is this so? I am alive please.

    DANIYAN: Dear Omobola, I learnt about the coverage of pensioner’s complaint platform of The Nation newspaper. I am a retiree who lost contact with PTAD due to my absence during their first screening transition sometimes in 2018. I need your advice and assistant on what step I should take to be reinstated. I retired from Federal Ministry of Works, Niger State.

    ALEXANDER: Dear, Omobola my name is Alexander. I am a retiree of Power Holding Company of Nigeria. Following my complaint to you on the wrong computation exercise by Pension Transitional Arrangement Department (PTAD) of the year 2023, I received a call on July 30 from PTAD. They requested that I forward documents in support of my claim which I did. So for the third month running now, no changes or difference is affected.

    OLADIPO: Good day, One of our member from Ado Ekiti Nitel/Mtel didn’t receive his July monthly pension. We asked him to go and do his I am Alive which he has done it last week. What can we do? He retired from Ado Ekiti

    LIASU: Hello, my name is Liasu. Kindly help me look into my pension issue because I am sick and I need my pension to be paid so that I can treat myself medically.

    CHIEF BAIYEGUN: Good day, I am Chief Baiyegun. This is an SOS call, please save my soul. I have no other hope. I will like to remind PTAD that as at today, 16th April 2025, I have not received my token pension for the month of March.

    THE NATION: The Newspaper will intervene by sending your complaint to PTAD. Therefore, TSWANYA, DANIYAN, ALEXANDER, OLADIPO should watch out for the pension page on Wednesdays for response from PTAD and subsequently every Wednesday for pension news.

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    AWOSOJI: Good Day, my name is Awosoji. I will like to know why PTAD did not include N32000 inside our monthly payment of April and May which is our right as federal government pensioners.

    PTAD: Dear Awosoji, please be informed that N32,000 will be added to every pensioner under DBS as soon as the fund for that purpose is made available except for some agencies like PHCN, Peoples Bank, Nicon Insurance, Nigerian Reinsurance, Nitel, pti and Assurance Bank.  Thank you.

    OLIYE: Good day, my name is Oliye. I am a CSPD pensioner under PTAD. I retired from Federal Ministry of Education. I have not yet received my 20percent arrears and 32per cent pension arrears.

    PTAD: Dear OLIYE, please be inform that N32,000.00 will be added to each pensioner under DBS as soon as the fund for that purpose is made available except for some agencies like PHCN, Peoples Bank, NICON Insurance, Nigerian Reinsurance, NITEL, PTI And Assurance Bank. Thank you.

  • Ada celebrations spark applause for Lagos Commissioner

    Ada celebrations spark applause for Lagos Commissioner

    Ada’s rich cultural heritage took centre stage as the recently-concluded Ada Week celebrations rekindled memories of the global attention that greeted FESTAC ’77, drawing renewed focus to Nigeria’s growing cultural and heritage tourism potential.

    The celebration, held at Ada Secondary Commercial School, Ada, Osun State, attracted traditional rulers, community leaders, media executives and indigenes, with special commendation for the Lagos State Commissioner for Information and Strategy, Mr Gbenga Omotoso, whose presence and support drew widespread applause.

    Omotoso, an indigene of Ada, led notable media executives, including Mojeed Jamiu and Ayodele Aminu, to the event in what the Central Planning Committee (CPC) described as an unprecedented show of solidarity and philanthropy. It marked Omotoso’s first homecoming and public participation in the Ada Day celebration since its inception in 2012. The grand finale of the 3rd Ada cultural celebration began around 11 a.m. with the arrival of the royal host, the Olona of Ada, HRM Oba Dr Oyetunde Olumuyiwa Ojo, Ogunbodun I, who led high chiefs and prominent indigenes to the venue.

    The event featured a colourful display of culture and artistic expressions, including performances by traditional dancers, teenage drummers, acrobats and local artistes. A parade of traditional hunters, whose dane guns echoed intermittently, thrilled market women, artisans and members of social clubs, many of whom turned out in colourful ankara attire, singing and dancing in celebration of their identity.

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    Chairman of Ada Community Development Association, Chief Olusegun Alalade, Bobagunwa of Ada Land, in his welcome address, thanked dignitaries and friends of the community for their presence and generous donations. He said the support underscored a shared commitment to repositioning Ada as a national cultural hub, given its rich heritage and historic sites.

    One of the highlights of the celebration was the fundraising exercise, which received overwhelming support from members of the communities, social clubs, and traders’ associations. Members of the Osolo community, led by High Chief Oladele Omotoso Fagunwa, Jagun Oke; Baale Chief Dr Fakorede Abel; and the Eesa of Ada, High Chief Ajayi Oyeniyi Samson, drew commendation for coordinated donations running into millions of naira.

    The festivities climaxed at the palace groundof Oba Ojo with a vibrant Akara Night Fiesta. The culinary event celebrated African cuisine and hospitality, attracting both casual diners and lovers of traditional delicacies, and bringing the Ada Week celebrations to a memorable close.

  • ‘My movie is not a slight to Christian celebration’

    ‘My movie is not a slight to Christian celebration’

    Nollywood actress and producer, Ini Edo, has dismissed claims that her new film, A Very Dirty Christmas, is an attempt to undermine the Christian celebration of Christmas, describing the title as a metaphor rather than a mockery of faith.

    The controversy surrounding the movie has sparked conversations across religious and creative circles, with the Christian Association of Nigeria (CAN) raising concerns over what it perceived as a trivialisation of a sacred season. However, industry stakeholders insist the film is being misunderstood.

    In a statement issued by the Actors Guild of Nigeria (AGN), signed by its outgoing president, Emeka Rollas, the guild maintained that the title does not insult Christianity but rather serves as a creative expression used to convey the film’s storyline.

    According to the AGN, the movie is a family drama set against the backdrop of Christmas and does not in any way ridicule or demean the Christian faith. The guild urged critics to assess the work in its full context instead of drawing conclusions based solely on its title.

    “Christmas remains a sacred season symbolising holiness, redemption and hope. Yet, it is also a time shaped by diverse human realities. These realities do not diminish the sanctity of the season but reflect the complexity of lived experiences,” the statement read.

    The guild also noted that Ini Edo, a practising Christian, would not deliberately produce content that undermines her faith, adding that the Nigerian Film and Video Censors Board had approved the film in line with its regulatory mandate.

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    Speaking at a private media screening held at Filmhouse Cinema, Landmark, recently, Edo explained that the title was chosen to reflect the events that unfold during the Christmas season in the film.

    “The whole idea was that it is Christmas and they are coming home to celebrate. The events that unfold during that period are what informed the title. It’s metaphorical and meant to spark curiosity,” she said.

    The actress explained that the title was also influenced by commercial considerations and the need to keep audiences intrigued without revealing too much of the plot. She added that no objections were raised before the film’s release and that the title would have been reconsidered if concerns had been expressed earlier.

    Edo further disclosed that the word “Dirty” was initially intended to be spelt as “Detty”, but the alternative was already trademarked. While she admitted considering a title change, she noted that it would be difficult given that the film is already showing in over 70 cinemas nationwide.

    “I don’t want anyone to feel hurt by something that was meant to entertain. I respect Christianity deeply and would never intentionally disrespect it,” she said.

    A Very Dirty Christmas tells the story of a family reunion that spirals into chaos as buried secrets come to light. The narrative follows sisters Lulu and Lala, who reunite at their father’s home for Christmas, only to discover that their sister, Jade, is missing. Their search sets off a chain of events marked by tension, revelations and emotional confrontations.

    Blending humor with suspense, the film explores themes of betrayal, deceit and redemption. Despite assumptions suggested by its title, it contains minimal explicit content and focuses largely on storytelling and emotional depth.

    With its mix of drama, humor and moral undertones, the film offers audiences a compelling festive experience and adds a distinct flavour to Nollywood’s Christmas movie lineup.

  • Stakeholders canvass community service for minor offenders

    Stakeholders canvass community service for minor offenders

    Stakeholders in the Lagos justice system rose from this year’s Restorative Justice Week seeking an increased community service as a panacea for decongesting correctional centres, rehabilitating minor offenders and promoting the restorative justice system.

    Led by the Lagos State Ministry of Justice Community Service officers, the team made sensitisation visits to communities in Ikeja and Lagos Island, among others.

    Lagos State Justice Commissioner, Mr. Lawal Pedro (SAN) emphasised the importance of community participation and offender rehabilitation, saying restorative justice was not just a legal principle but a fundamental human right. According to him, justice must go beyond punishment to include dignity, restoration, accountability and victim empowerment.

    This year’s Restorative Justice Week was attended by stakeholders from the judiciary and non-governmental organisations, and funded by the European Union. The sensitization drive would offer education on the purpose and value of community service as a corrective and developmental tool in modern justice administration, and reinforce the message that justice is not only punitive but also restorative.

    The International Institute For Democracy And Electoral Assistance, the Sweden-based organisation, which supports democracy in Africa with electoral management training and risk assessments, regretted that public awareness and understanding of Community Service remained relatively low, especially at the grassroots level. “Many residents, traditional leaders, and local authorities still perceive imprisonment as the only valid form of punishment. This misconception often results in stigmatization of offenders, resistance to placements, and weak community collaboration with the justice system,” it stated.

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    According to statistics, in 2024 the Community Service Unit of Lagos Ministry of Justice supervised 3,765 (3,600 males and 65 female) offenders that had been sentenced to do community service, a figure considered relatively low.

    State Coordinator of Rule of Law and Anti-Corruption Programme (RoLAC), Mrs. Ajibola Ijimakinwa, said though over 300 cases have been referred to the Restorative Justice Unit, “the numbers are still low, and we look forward to increased referrals from magistrate courts and the police.”

    She said: “Before now, justice was mostly about punishment and incarceration. Now, victims and offenders can come together, discuss what happened, the impact of the crime, and reach agreements that ensure the victim is taken care of. We are here to sensitise the public that the Restorative Justice Unit exists in the Ministry of Justice.

    “We urge judicial officers to continue reporting minor offences to the unit, ensuring people don’t go to prison unnecessarily. Awareness must increase so that, in one year, we can see more referrals. Even for cases already in the system, custodial centres can create awareness and request restorative justice when the offender appears before the court.”

    The Director Lagos State Ministry of Justice Community Service Unit, Mrs. Tomi Bodude identified the three major objectives of community service as rehabilitation, restoration and decongestion.

    She said: “Community Service is a non-custodial sentencing for minor offenders, where offenders are required to perform unpaid work for the benefit of the community instead of being sent to prison. Offenders are monitored.”

    “Community Service…helps correct behaviour, allows offenders to give back to society, and reduces overcrowding in our correctional facilities by keeping minor offenders out of custody. It also saves public resources and prevents the exposure of first-time offenders to hardened criminals.”

    The Executive Vice Chairman of Lagos Island East LCDA, Hon. Monsurat Oluwatosin Balogun, said community sensitization program provided an important avenue to educate residents on the purpose and value of community service as a corrective and developmental tool in modern justice administration. “It reinforced the message that justice is not only punitive but also restorative — aimed at building better citizens and strengthening community bonds,” she said.

    The event also witnessed medical outreach offering free health checks, consultations, and treatments.

  • Nigerian sculptor emerges best painter in Qatar

    Nigerian sculptor emerges best painter in Qatar

    After a keenly contested two-day live painting competition, featuring no fewer than 100 hundred artists from across the globe, Nigeria’s Chizogie Stephen Osuchukwu emerged the overall winner at this year’s seventh edition of Qatar International Art Festival, in Doha, Qatar. His composition, of children, eagle, cat and Arab horse was adjudged overall best by the jurists and won a cash prize of 3,500 Qatari Riyal. He beat Spaniard Luis Alava Harrera to second position, while South Korea’s Choi Dong-Hwa and Silvio Duerte Da Silva of Brazil took third and fourth positions respectively. Germany’s Luz Esmeraldo Torres de Delke and USA’s Fatima de La Luz Olea won the fifth and sixth positions respectively.  

    The seventh edition of the Qatar International Art Festival 2025 witnessed six days of vibrant artistic and cultural activity that brought together an elite group of artists from around the world.

    Osuchukwu is a Lagos-based sculptor and a mentee of Chief Nike Okundaye, was among 10 Nigerian artists that participated in the competition. He recalled that he entered for the competition not for the monetary gain but for the exposure and experiences, adding that all the expenses to Doha and back home were borne by him.

    “When I got a call from the organisers in Doha that my drawing is likely to be overall best or runners up, I was overwhelmed with joy,” he said in a chat.

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    Recalling his experiences, he said: “I am a sculptor, but I love drawing using charcoal. I have participated in different competitions. This was an open call for live painting competition organized by Qatar International Art Festival. We had about 10 Nigerian artists that participated. At the venue in Doha, jurists went round to score artists all through the two-day painting session. My drawing was charcoal on canvas, a black and white piece but sections of it were done with acrylic to highlight the lamp. The message of the drawing is that coming together for the competition shows that diversity unites the world.”

    The seventh edition of the festival with the theme, Diversity in Unity, came to a close with an awards ceremony, and a tribute to participating artists, on December 12, celebrating the creative talents who contributed to the success of this year’s edition. The finale was a luminous moment of inspiration, artistic dialogue, and cultural exchange, reaffirming Katara’s status as a global platform that nurtures creativity and unites artists of diverse backgrounds under one roof.

    Organized by Katara in partnership with MAPS International, the Qatar International Art Festival has strengthened its reputation as one of the region’s leading art platforms-harmonizing global creativity with the cultural spirit that defines the Katara Cultural Village. Its diverse programming offered a dynamic space for engagement between artists and audiences, reinforcing the festival’s role in nurturing talent and promoting cultural exchange

  • With Traces of time, Calabar carnival excites connoisseurs

    With Traces of time, Calabar carnival excites connoisseurs

    For the third year running, the annual art exhibition tagged Traces of Time, which is also the theme of this year’s Calabar Carnival, complements Africa’s biggest street party, which held throughout December featuring vibrant parades, elaborate costumes, music, and dance. Like the carnival, Traces of Time is also showcasing Nigeria’s rich cultural heritage through the eyes of some visual artists. The exhibition, with the theme Identity, was held at the Calabar National Old Residency, Museum Exhibition Hall, Calabar, Cross River State, between December 1 and 30. It was organised by Paris-based curator, Bose Fagbemi in partnership with Cross River State Carnival Commission headed by Sir Gabe Onah. The exhibitors are a mix-pack of old and young artists with diverse backgrounds and styles. The artists include Prof Best Ochigbo, a professor of painting, Edosa Ogiugo, a Lagos-based visual artist, Godfrey Ichile Mashiga, a ceramist, and Octogenarian Princess Elisabeth Ekong Okon, a textile artist whose works are derived from tradition and ancient philosophy like the nsibidi motifs.  

    Princess Okon’s collection is a product of her Mbufari concept she initiated in the 80s with the introduction of creative patterns into traditional table covers for cultural events. The Mbufari Concept was birthed by multiple pieces of waste fabric found in her tailoring shop, rather than put the pieces to waste. They were converted to a series of patterns stitched together like the coat of many colors.

    Mbufari is commonly used for events like traditional marriage, table covers, chewing stick bags, etc. Her designs have evolved over the years and modified into other functions like dining table covers, throw pillows, bed covers, bags, and interior decorations.

    One of her works, The family dining cover shows dominant triangles in this concept represent traditional symbols of fire (upward triangles) and water (downward triangles). These two form part of the fundamental elements in tradition and ancient nsibidi philosophy. The shapes culminate and transform the qualities of water (life) and fire (passion) into the conceptual mbufari design suitable for a family dining table cover. All the colours are carefully selected to represent the values of the family. From Red, which symbolises shared love and passion, Yellow, meaning happiness/sunshine, and dominant dark blue, which envelops the design as a symbol of authority, boldness and wisdom.

    Interestingly, Prof. Best Ochigbo has more works than other exhibiting artists. His works include Calabar/Nwanniba waterways, The return of fisherman, Carnival, A long way to go, Reclining figure, The mind, Landscape, and The politician. 

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    One of the leading fine artists in Lagos, Edosa Ogiugo in his piece on Benin Art, interrogates the impact of the British incursion of Benin Empire on the wives, citing Queen Mother Idia as symbolic of ‘emotional connection – Queens of loyalty.’ His presentation explores loyalty, displacement, feminine strength, and the preservation of culture.

    He stated that at the close of the Benin Empire’s golden era, Queen Idia’s story shines as a beacon of courage, intelligence, and mystical prowess. “Her Image—marked with intricate patterns and calm authority became a lasting symbol of devotion to king and kingdom. Generations later, her legacy seemed to echo through two lesser-known women, Queens Egbe and Aighobahi, the wives of Oba Ovonramwen Nogbaisi.

    “When Oba Ovonramwen was captured and exiled by the British in 1897, his household scattered. But Egbe and Aighobahi chose loyalty over comfort following the Oba into exile, away from Benin’s rituals and the warm coral glow. They carried the weight of empire, memory, and love into foreign lands, their devotion evoking the spirit of Queen Idia’s legendary heroism.

    He noted that within them is a lineage of womanhood, defined by strength and quiet resilience—a deep emotional undercurrent beneath the history we record. But worried that their names are rarely mentioned, their sacrifices often forgotten, yet art and storytelling could and would revive their legacy as a powerful portrait of loyalty triumphing over erasure.

    Describing the famous Queen Idia Head, Ogiugo who showed two works (Charcoal and pastel and Queen’s loyalty) at the exhibition, said the elaborate hairstyles and coral beads worn by Benin women—braided crowns, ivory combs, and ivie strands—are imbued with meaning. ‘They symbolise identity, ancestry, and spiritual protection. Coral, drawn from the sea, stands for purity and an ancestral link; carefully sculpted hair reflects order, beauty, and discipline—outer signs of inner strength. 

    ‘Through this painterly series of mine, the Benin woman serves as muse and messenger—keeper of memory and emblem of resilience. Art gives voice to what history set aside, honouring the indomitable women who loved, endured, and carried their culture through me and loss.’

    Godfrey Ichile Mashiga, a ceramist featured some works such as Bound flight, Fortitude of irony, Echoes of time, Face of passion, Ascending passion, Surface of attraction, Agbada of war, Never ending saga and She who remains

    One of Mashiga’s works, Fortitude of Irony, is a layered and eloquent ceramics visually captivating yet conceptually unsettling.

    The intricately coil-pressed oval form, supported by two stylised hands bound in chains, becomes an embodiment of strength trapped within contradiction. Set upon an open book base, this piece reads like a silent sermon on the struggles of enlightenment, knowledge, and agency in a system rife with paradox.

    According to the artist, in Nigerian context, the work becomes deeply resonant, while the bound hands, symbols of both strength and subjugation suggest the persistent entanglement of potential with systemic oppression. The oval form, balanced delicately, speaks of endurance and fragility, perhaps alluding to the nation’s repeated cycles of hope and disillusionment.

    ‘The open book is especially poignant: a symbol of education, truth, and clarity yet in this composition, it also represents how these ideals are often weighed down or rendered symbolic rather than functional. The use of bisque fired ceramic, combined with vivid acrylic hues and sealed

    with resin, reflects a tension between rawness and polish, struggle and presentation further deepening the ironic undertones.

    ‘Through this piece, the artist critiques the performative strength demanded of individuals in a fractured society. Fortitude of Irony forces us to reflect on how resilience, though admirable, is often romanticized at the expense of genuine liberation. It is not just a ceramic piece, it is a statement. A mirror held up to a society where irony has become both a survival tool and a silent scream,’ he said. 

    In the foreword to the exhibition brochure, Prof Ochigbo observed that the artist ensemble reveals that visual culture always has a history behind it, noting that the works can be described as timeless visualisations of ideas that project narratives on Nigeria’s cultural tapestry and utopias associated with them.

    “The artist, in evolving the memory of spatial imagery in a montage of temporalities, ushers in ideas of the future in the present. The works in this exhibition clearly portray the artists as a group that do not perceive reality as a natural state. Their individuality, style, technique, and mediums of exploration stand them out as artists with ideological differences encapsulating invisible traces that succeed in visible themes with clearly explored passage of me as seen in this exhibition that is tied to the Calabar Carnival.

    “The seasonal Carnival leaves footprints in the sands of time. The exhibition “Traces of Time” leaves behind memories of artistic landmarks revealing distinct ideological identities of the artists with their unique styles, and signature techniques. This identity reflects each exhibiting artist’s creative voice giving verve to the Traces of Time art

    exhibition as a brand. It is this brand that gives the artists a purpose, direction and platform to showcase their creative oeuvres,” he added.

  • STI unveils MD/CEO

    STI unveils MD/CEO

    The Board of Sovereign Trust Insurance Plc have announced the appointment of Dr. Lucas A. Durojaiye as the new Managing Director/Chief Executive Officer of the Company, following the retirement of the immediate past MD/CEO, Mr. Olaotan Soyinka, in December 2025.

    This was made known in a statement signed by the Deputy General Manager, Corporate Communications & Investor Relations, Segun Bankole.

    The statement read: “Mr. Soyinka served the organisation meritoriously for 27 years, including his last 10 years as Managing Director/Chief Executive Officer, during which he contributed to the growth and stability of the company.  He has since formally exited the services of the underwriting firm.

    “The appointment of Dr. Durojaiye has received the approval of the Board of Directors and the regulatory body, the National Insurance Commission (NAICOM) with the new MD/CEO assuming office with immediate effect.

    Prior to his appointment, Dr. Lucas served as General Manager, doubling as Head, Northern Area Operations as well as Head, National Public Sector, where he contributed immensely to the Company’s operational, technical and business development activities in the region.

    “Dr LAD” as he likes to be addressed holds a Master’s Degree from Anglia Ruskin University, London and a Post Graduate Diploma in Business Strategy from ABP United Kingdom. He also holds both a Doctorate and Master’s Degree in Business Administration from Nasarawa State University, Keffi having been a Graduate of Insurance from Lagos State Polytechnic, (LASPOTECH). He has attended several top management trainings in Nigeria and overseas.

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    “With cognate experience from FBN Insurance Brokers where he rose to the position of Acting Managing Director, Cornerstone Insurance PLC, Mutual Benefits Assurance PLC to mention a few before joining Sovereign Trust Insurance PLC, his foray spans over 27 years well spread experience in Insurance administration, (Brokerage Services, Underwriting, General Insurance, Investment/Life operations, Technical/Claims, Risk Management, Business Development as well as Public Relations. A charismatic motivator and team player. Lucas’ latent managerial ability is hinged on effective leadership, sound communication and decision-making skills coupled with interpersonal and problem-solving abilities with a corporate focus and result-driven attitude.

    He is both an Associate Member of the Chartered Insurance Institute of Nigeria of Nigeria (CIIN) and the Nigerian Council of Registered Insurance Brokers (NCRIB) respectively. Dr LAD is a Chartered Fellow of the Institute of Credit Administration of Nigeria (ICA), Fellow of Chartered Institute of Loan & Risk Management (CILRM) as well as a Chartered Fellow of Certified Pension Institute of Nigeria (CPIN).

    “He is an alumnus of the Lagos Business School, having successfully completed the Senior Management Programme, SMP 51 of the school. He is an avid lover of jazz, an executive member of Abuja Jazz Club as Director of Socials, member of TYB Golf Club as well as a member of the IBB Golf Club, FCT, Abuja. In his new role as Managing Director/Chief Executive Officer, Dr LAD is expected to leverage his deep industry expertise and leadership capacity to drive the Company’s strategic objectives and sustain its growth trajectory”.

    The Chairman, STI, Mr. Abimbola Oguntunde, expressed satisfaction with the smooth leadership transition, describing it as evidence of the Company’s effective succession planning framework.

    He recalled that the immediate past MD/CEO also emerged through an internal transition in 2016, reinforcing the organization’s tradition of leadership continuity and institutional stability.

    The Chairman further stressed that, “the Company possesses the potentials of becoming a formidable pacesetter in the Insurance industry in Nigeria and beyond as he equally canvassed for support from all and sundry in making the ambition of the Underwriting Firm a reality.

  • Pensioners welcome N55.9b PTAD disbursement

    Pensioners welcome N55.9b PTAD disbursement

    • Call for final clearance of outstanding arrears

    Federal Government pensioners under the Defined Benefit Scheme (DBS) have reacted to the announcement by the Pension Transitional Arrangement Directorate (PTAD) that it disbursed N55.9 billion as monthly pensions and outstanding arrears in December 2025, describing the development as a major relief after months of anxiety, while urging government to swiftly clear the few arrears still outstanding.

    The pensioners, drawn from different pension departments, said the payment which covered monthly pensions as well as arrears arising from the N32,000 increment and percentage increases of 10.66 per cent and 12.95 per cent has brought renewed hope to thousands of retirees struggling with rising living and healthcare costs.

    Several pensioners who confirmed receipt of arrears said the payment had eased financial pressure during the festive season.

    “For the first time in a long while, many of us were able to breathe in December. The arrears helped us settle medical bills and family obligations,” said a retired civil servant under the Civil Service Pension Department (CSPD).

    Pensioners also welcomed PTAD’s disclosure that over N42.5 billion was paid as arrears to more than 165,000 beneficiaries across the Civil Service, Parastatals, Defunct Agencies, Police, Customs, Immigration, Prisons, and Tertiary Education and Health sectors, describing the breakdown as a sign of improved transparency.

    However, retirees in the Parastatals Pension Department (PaPD) and Tertiary Education and Health Department (TEHD), where one month arrears remains outstanding, urged PTAD and the Federal Government to act quickly to complete the payments.

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    “We appreciate what has been paid, but at our age, even one month makes a big difference. We hope the promise to clear it will be fulfilled without delay,” a retired lecturer said.

    Pensioners also expressed appreciation for the payment of gratuity and death benefits to next-of-kin of deceased retirees, noting that such payments provide dignity and relief to bereaved families.

    “Families of deceased pensioners often suffer quietly. Seeing death benefits paid gives confidence that the system is improving,” said Uche Madueke,  a pensioner.

    While commending PTAD and the Federal Government for the scale of the December disbursement, pensioners stressed that sustainability and predictability of payments remain critical.

    They called for continued release of funds to PTAD to ensure arrears do not accumulate again, and urged government to fast-track other approved welfare measures, including pension harmonisation and health insurance coverage for DBS pensioners.

    Overall, pensioners said the N55.9 billion disbursement represents a significant step toward restoring trust, but emphasized that confidence will be fully rebuilt only when all arrears are completely cleared and payments remain consistent.

    As one retiree summed it up: “This payment shows progress. What we ask now is consistency, completion, and compassion for senior citizens who have served this country.”

    Recall that PTAD had last week Friday said it has successfully disbursed a total sum of N55.9 billion as monthly pensions and pension arrears to eligible pensioners and Next-of-Kins of deceased pensioners under the DBS in December, 2025.

    Speaking on this milestone payments, the Executive Secretary of PTAD; Tolulope Odunaiya, stated that this payment covers N13,411,400,362.87 as monthly pensions across all operations pension departments, including diaspora pensioners, while N42,501,348,236.06 was paid as pension arrears.

    She disclosed that the payments reflect President Bola Ahmed Tinubu’s unwavering commitment to the welfare of senior citizens, in line with the administration’s Renewed Hope Agenda.

    She further reaffirmed the Directorate’s commitment to clearing the remaining one month arrears owed to PaPD and TEHD, while continuing to implement initiatives aimed at improving the welfare and overall well-being of DBS Pensioners.

    “The arrears payment covers outstanding obligations arising from the N32,000 pension increment, as well as the 10.66per cent and 12.95per cent pension increments, in addition to other accrued pension arrears, gratuity, and death benefits owed to eligible beneficiaries”, she said:.