Category: Featured

  • My mother, by Doyin Abiola’s daughter

    My mother, by Doyin Abiola’s daughter

    • First Lady mourns

    The only daughter of the late journalism icon Dr. Doyinsola Abiola gave an insight yesterday into the kind of person her mother was beyond being a media personality.

    Mrs. Doyin Abiola-Tobun and her husband Mr. Bamise Tobun spoke to The Nation reporter yesterday at their home in Lekki, Lagos in-between receiving people who came to pay condolence visit over the death on Tuesday of the first woman to be appointed editor in Nigeria.

    Dr. Abiola was Managing Director/Editor-in-Chief of Concord Group of Newspapers founded by her late husband Chief Moshood Abiola, who won the 1993 presidential election.

    Dr. Abiola died at 82.

    “She was a principled woman with firm integrity, whose commitment to national progress and women’s empowerment was unwavering,” Mrs Abiola-Tobun said .

    “She broke barriers with boldness and grace, inspiring her contemporaries and generations of young women.

    “She believed journalism is a noble profession, and she took great pride in it.

    “She would want young journalists to execute their duties with diligence and integrity.

    “She felt strongly that the public must be able to trust what they read; that it must be authentic, uncompromised, and truthful.”

    Mr. Tobun said his mother-in-law was a very determined woman whose humility only amplified the strength of her words and actions.

    “She stood for forthrightness. She had immense patience and wisdom. Her belief in people was remarkable.

    “She believed that with the right support, anyone could achieve greatness.

    “She had huge hopes for Nigeria and always pushed for unity. She wanted a country that would stand tall and fulfil its potential.

    “As a person, she represented elegance, class, humility, and humanity,” he said.

    Read Also: Federal Govt: security under control

    Also speaking on the late media mogul, Mr. Tunde Abiola, said she was a special lady; formidable, intelligent and stylish, adding that she was always a great company.

    Praying for the repose of her soul, Bola Abiola noted that her wisdom, intelligence, sense of humour, and beautiful fashion sense would be remembered.

    A family friend, Folakemi Onipede, recalled how her mother fondly called Dr. Abiola  “Sisi Doyin” adding: “And she was indeed a Sisi – classy, beautiful and intelligent. She will be missed.”

    Among the visitors who thronged the Lekki resident yesterday was a delegation of the Nigerian Guild of Editors (NGE) led by its President Mr. Eze Anaba, who is the Vanguard editor.

    With him was Kabir Alabi Garba, Vice Chairman (West) of the NGE.

    Also there was a delegation of the Nigerian Institute of Journalism (NIJ), which was led by the Provost Mr. Gbenga Adefaye, who himself is a former President of the NGE.

    First Lady mourns

    First Lady Oluremi Tinubu paid glowing tributes to the late media guru, saying her contributions to the growth of the media industry and the journalism profession cannot be overemphasised.

    Senator Tinubu described her as a “distinguished journalist, media icon, and trailblazing Nigerian woman” whose life and career mirrored excellence and courage for women in the media and public service.

    “Dr. Doyin Abiola’s contributions to the growth of journalism and the media industry in Nigeria are worthy of note.

    “Her legacy of professionalism will continue to inspire all who believe in the power of the written word and the vital role of the press in nation-building…

    “Goodnight, Auntie Doyin. May her soul rest in peace,” she said, sympathising with the bereaved family, friends, colleagues and well-wishers.

    She was my journalism mother, says Mike Awoyinfa

    In his tributes to Dr. Abiola, Mike Awoyinfa described her as his “journalism mother”, adding that she was a visionary leader who risked appointing him Weekend Concord Editor and shaping his career as a journalist.

    “She was my professional mother,” Awoyinfa said, recounting how Dr Abiola called him into her office to share her brainwave for a distinct publication to rival Sunday newspapers.

    Initially proposed as Saturday Concord, Awoyinfa said he suggested the name Weekend Concord, which she embraced.

    “Despite scepticism from some members of her management team, who viewed the venture as risky and suggested starting Weekend Concord as a pullout within National Concord, Dr Abiola stood firm.”

    Awoyinfa said Abiola entrusted him with leading the project, giving him the freedom to dream up the editorial content and design.

    He said: “She took a big risk on me. She trusted me as one who could lead and carry out the vision of the newspaper. And thank God, I delivered.

    “Oh my God! The mother of Weekend Concord is gone. Such a brilliant woman. Such a great leader. Such an innovative leader. Such a great newspaper manager. I can never ever forget her.

    “My greatest mentor and role model from the feminine side. Rest in peace, Dr Doyinsola Abiola.”

  • Kwam 1 banned from air travels

    Kwam 1 banned from air travels

    • NCAA asks AGF, IG to prosecute musician

    The Nigerian Civil Aviation Authority (NCAA) has written to the Attorney-General of the Federation, Lateef Fagbemi (SAN) and the Inspector-General of Police, Kayode Egbetokun, demanding the investigation and possible prosecution of Fuji maestro King Wasiu Ayinde Marshal (Kwam 1) for alleged breach of standard air safety protocol.

    NCAA also issued an advisory to  members of  Airline Operators of Nigeria (AON) to immediately    place  the musician who is popularly known as Kwam 1 and  K1 De Ultimate,  on a ‘no-fly list,’’ pending the outcome of official investigations.’’

    A person put on no-fly ban cannot travel by air during the period.

    The no-flight ban was directed by Aviation and Aerospace Development Minister, Festus Keyamo, who likened the musician’s  attempt to prevent the take-off of an aircraft   to a “hostage situation.’’  

    Marshal was seen on video, which went viral on  Wednesday, blocking an aircraft belonging to ValueJet for not allowing him to board at the domestic wing of the Nnamdi Azikiwe International Airport, Abuja (NAIA), Abuja.

    The incident, which occurred on Tuesday, reportedly disrupted standard operational procedures and raised concerns over passenger conduct and airline safety guidelines.

    Read Also: Federal Govt: security under control

    The pilot, Captain Oluranti Ogoyi, and co-pilot, First Officer Ivan Oloba, of the ValueJet aircraft. were also not spared by the aviation regulator. Their licences were suspended pending the outcome of the investigation.

    NCAA, in a statement yesterday by its Public Affairs and Consumer Protection Director,  Michael Achimugu, said: ‘’We have officially petitioned the Attorney-General of the Federation and the Inspector-General of Police to launch a thorough investigation into the incident involving musician, King Wasiu Omagbolahan Olasunkanmi Adewale Ayinde Marshal, popularly known as K1 De Ultimate and domestic airline ValueJet.

    ‘’According to preliminary reports, during a scheduled ValueJet flight VK201, K1 De Ultimate was allegedly involved in actions that violate   Nigerian civil aviation regulations.

    ‘’While full details of the incident are still being compiled, the NCAA has emphasised the importance of upholding aviation safety standards and ensuring accountability, regardless of the parties involved.

    ‘’In a letter addressed to both the Attorney-General and the Inspector-General of Police, we called for a comprehensive criminal investigation and the initiation of appropriate prosecution in accordance with the provisions of the Nigeria Civil Aviation Regulations (Nig. CARs) 2023 supra and all other applicable laws.

    ‘’Furthermore, and in light of the growing concern, the Director-General of Civil Aviation, Capt. Chris Najomo has also issued an advisory to the Airline Operators of Nigeria (AON), urging the immediate consideration and institution of a ‘no-fly list for K1 De Ultimate(on any commercial flight), pending the outcome of official investigations.

    ‘’This advisory is in line with global aviation standards that prioritise the safety of passengers, crew, and airline operations.

    ‘’We reiterate our commitment to ensuring that no individual, regardless of their status or public image, undermines the integrity of our aviation industry, as passengers are held to the same standards of behaviour and compliance within Nigeria’s airspace.

    ‘’Further updates will be provided as investigations progress.’’

    Achimugu on the sidelines of the 29th Annual seminar of the League of Airports and Aviation Correspondents  (LAAC), in Lagos, said that Marshal defied instructions from security personnel after being asked to relinquish a liquid container exceeding the permissible 100ml limit for carry-on items.

    The director said: “This individual was told the item exceeded the allowed limit, yet he refused to comply and insisted on boarding with it.

    “He claimed to have a medical condition that required regular rehydration. But could he not have been served water on board? These are basic rules, and the question we must ask ourselves is: would he have behaved this way at Heathrow Airport (in London) or any other international hub?’’

    Achimugu stressed that aviation regulations are not designed to antagonise but to ensure the safety of all passengers and crew.

    He said: “These are global rules. They apply equally to everyone. If the President of Nigeria himself complies with airport security procedures, no citizen is above the law.

    “Laws exist because people will break them, and that’s why enforcement institutions are in place. We’ve launched massive public education campaigns, and we will continue to do so. But where there’s a breach, there must be consequences.”

      Asked if the pilot acted with due diligence, especially given the number of ground staff and the musician  near the aircraft, Achimugu  replied:

     “Everyone involved in this incident, passenger or crew, will be held accountable.

    The NCAA also used the opportunity to reiterate its stance on law enforcement and public awareness.

    Reacting to claims that the passenger boasted of being close to the presidency and therefore above sanctions, Achimugu firmly debunked the notion.

    “President Bola Ahmed Tinubu and the Minister of Aviation, Mr. Festus Keyamo, are both men who respect the law and subject themselves to security checks like every other citizen. The idea that anyone is above the law in this country is false and dangerous.”

     In a post on his X-handle @fkeyamo,  Keyamo said  the video of the incident in his custody showed  Marshal and the pilots exhibited “unacceptable  behaviour.”

       ‘’It was a temporary loss of sanity and control on both sides,’’ he said, adding that the argument over whether or not the musician was carrying water or alcohol was irrelevant.

      “Contrary to what his agents said, Kwam-1 constantly moved his position on the tarmac to block the aircraft from taxiing to take position on the runway for take-off. What he did was a physical blockage of the aircraft from taxiing. That is a reprehensible conduct ; it  is an unacceptable  behaviour.’’

    The minister also criticised the actions of the aircraft’s crew, saying that no amount of provocation should make the captain and co-pilot begin to taxi without ensuring that security personnel on the ground and the unruly passenger had moved away. 

    “Both sides breached standard safety protocol  as required by the International Civil Aviation Organisation (ICAO).” 

    Keyamo commended the NCAA  for their proactive action, saying he directed that Marshal should be placed on a no-flight list since the licences of the pilots had been suspended. 

    “I directed the NCAA to place Kwam 1 on a no—fly list pending further and full investigation, just like the Captain and co-pilot.” 

    The NCAA is the regulator of the aviation industry.

  • JUST IN: WAEC withdraws 2025 WASSCE results over technical glitches

    JUST IN: WAEC withdraws 2025 WASSCE results over technical glitches

    The West African Examinations Council (WAEC) has announced the temporary withdrawal of the 2025 West African Senior School Certificate Examination (WASSCE) results for school candidates due to the discovery of technical issues in the result release process.

    The Council made this known in a statement issued by the Acting Head of Public Affairs, Moyosola Adesina, on Thursday, August 7, 2025. 

    According to the statement, the decision followed an internal review which revealed glitches resulting from a recently adopted paper serialization system aimed at curbing examination malpractice.

    “As part of our efforts to curb examination malpractice, the Council embarked on an innovation already deployed by a national examination body. The paper serialization was carried out in Mathematics, English Language, Biology and Economics. However, an internal post result release procedure revealed some technical bugs in the results,” the statement said.

    WAEC noted that it had temporarily disabled access to the WASSCE (SC) 2025 results on the result checker portal in order to urgently rectify the identified errors. The Council described the move as a measure taken in line with its commitment to fairness, professionalism and best practices in assessment.

    Read Also: 2025 WAEC results show decline in performance

    “We extend our deep and sincere apologies to all affected candidates and the general public. We appreciate their patience and understanding as we work diligently to resolve this matter with transparency and urgency within the next twenty four hours,” WAEC said.

    Candidates who have previously checked their results have been advised to re-check them after twenty four hours from the time of the announcement.

    The Council reaffirmed its commitment to upholding excellence, fairness and transparency in all its assessment processes, urging the public to continue to repose confidence in its integrity and service to the Nigerian child.

  • JUST IN: Keyamo orders NCAA to place KWAM 1 on a no-fly list

    JUST IN: Keyamo orders NCAA to place KWAM 1 on a no-fly list

    The Minister of Aviation and Aerospace Development, Festus Keyamo has directed the Nigeria Civil Aviation Authority (NCAA) to place King Wasiu Ayinde Marshal KWAM 1 on a no-fly list.

    The Minister also directed the NCAA to immediately notify both domestic and International airlines of the directive, adding that anyone who flouts the directive risk withdrawal of their operating licence.

    The directive came following safety breach at the Nnamdi Azikiwe International Airport Abuja terminal.

    The incident which involved the KWAM 1 and two pilots of ValueJet Airlines led to the suspension of the licences of the pilots, Captain Oluranti Ogoyi, and the co- pilot, First officer Ivan Oloba.

    Keyamo while condemning the behaviour of both KWAM 1 and the pilots stated that his preliminary impression of the incident is that it was obviously a case of temporary loss of sanity and control on both sides which could have led to serious fatalities.

    A post on Thursday by Keyamo on his official X handle @fkeyamo reads: “I have received reports from all the relevant Aviation agencies regarding the altercation between the staff and crew of ValueJet and Kwam 1 at the Nnamdi Azikiwe International Airport, Abuja, on Tuesday, August 7, 2025. I have also received video footages of the incident. 

    “From all the details so far received, my preliminary impression is that it was obviously a case of temporary loss of sanity and control on both sides which could have led to serious fatalities.

    “Contrary to what the agents of KWAM 1 has said, he constantly moved his position on the tarmac to actually blocked the aircraft from taxiing to take position on the runway for take-off. This is totally unacceptable behaviour. The issue of whether he was carrying water or alcohol is not even in issue at this point. It is the physical blockage of the aircraft from taxiing that is the reprehensible conduct here which akin to a hostage situation. The actual video footage showing this recalcitrant behaviour is hereby attached”. 

    Read Also: Keyamo to ADC coalition: expired 419 tactics can’t deceive Nigerians

    The post continues: “On the other hand, no amount of provocation should make the Captain and Pilot of an aircraft begin to taxi without ensuring that the security personnel have safely moved an unruly passenger away that is standing in front of an aircraft. 

    “Both sides breached standard safety protocol as required by the International Civil Aviation Organisation (ICAO). 

    “I have noted that the Nigeria Civil Aviation Authority (NCAA) has temporarily suspended the license of the Captain and the Pilot pending full investigation. I commend them for their proactive action. However, I have also questioned their sense of justice in only acting against one party and not the other party. What applies to the goose must also to the gander. That is one of the tenets of Justice I have preached all my life. I will not sit idly by and allow this to pass. 

    “In the circumstance, I have aso directed the NCAA to place KWAM 1 on a no-fly list pending further and full investigation, just like the Captain and Pilot. All airlines, both domestic and International should immediately be informed of this directive and anyone who flouts this directive risk withdrawal of their operating licence”.

  • JUST IN: FG dismisses 15 correctional personnel, demotes 59 over misconduct

    JUST IN: FG dismisses 15 correctional personnel, demotes 59 over misconduct

    The Federal Government has dismissed 15 personnel of the Nigeria Correctional Service (NCoS) and demoted 59 others for various acts of misconduct and indiscipline.

    This was disclosed by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) under the Ministry of Interior, which reviewed 224 disciplinary cases involving correctional officers across the country.

    According to a statement issued by the Public Relations Officer of the NCoS, Umar Abubakar, the decisions followed recommendations from the Board’s Disciplinary and General Purpose Committee (BDGPC), after thorough investigations and adherence to due process.

    The move, authorities said, underscores the government’s commitment to enforcing discipline and accountability within the correctional system.

    “Following a thorough review, the Board approved various disciplinary measures in line with its commitment to enforcing discipline and upholding the integrity of the Service.

     “A total of 15 personnel were dismissed from the Service for serious misconduct and violation of Service regulations.

    “Additionally, 59 officers had their ranks reduced as a result of confirmed breaches of professional standards, while 42 personnel were issued written warning letters as a corrective measure,” Abubakar said in the statement. 

    He said the Board also exonerated 16 personnel who were found not guilty of the allegations made against them, stating that “seven Staff are currently on suspension to ascertain the levels of their involvement in a case under investigation”.

    Read Also: PSC fires two senior officers, demotes six for misconduct

    Abubakar said, “In one case, an officer was suspended from duty and recommended for handover to the Economic and Financial Crimes Commission (EFCC) for prosecution due to the gravity of the offence. 

    “Furthermore, 8 personnel were compulsorily retired from the Service, and 1 officer had his rank reversed with a directive to refund all earnings received while wrongly holding the rank.”

    He said the Board under the leadership of Hon. Minister of interior, Dr Olubunmi Tunde Ojo, reiterated its commitment to maintaining high ethical and professional standards across all cadres. 

    While soliciting the cooperation of the general public, the Controller General of Corrections, Sylvester Nwacuhe, assured that disciplinary actions will continue to be handled with fairness in strict compliance with extant rules and procedures.

  • Airstrike disrupts bandits wedding, neutralises dozens of terrorists

    Airstrike disrupts bandits wedding, neutralises dozens of terrorists

    The Air Component of the Joint Task Force, Operation Fansan Yamma (OPFY), recorded another operational success following precision strikes on terrorists who had converged on the foot of Asola Hills in Yankuzo Ward of Tsafe Local Government Area, Zamfara State for a wedding ceremony.

    The Nigerian Army said the airstrike was conducted based on credible intelligence, targeted a large assembly of terrorists from the Faskari and Kankara axis of Katsina State, as well as various parts of Zamfara State. 

    The operation resulted in the neutralisation of several terrorists, with many others sustaining critical injuries. 

    Read Also: NAF airstrike eliminates 95 terrorists in Niger

    The injured terrorists were reportedly evacuated by their colleagues to Yankuzo village for treatment. 

    Troops of 1 Brigade under Sector 2 OPFY launched a follow-up operation and successfully fighting through an ambush laid along the route to the village.

    A statement by the OPFY media information officer Devid Adewusi said the two separate operation eliminated no fewer than 30 terrorists.

    “Locals and other reliable sources from the area have confirmed that no fewer than 30 terrorists were neutralized during the air interdiction by the Air Component of OPFY and the follow-up operations by ground troops. The statement read.

    Additionally, four terrorist collaborators from Kunchin Kalgo village in Tsafe Local Government Area were critically injured.

    The successful interdiction has brought widespread relief to residents of Yankuzo, Tsafe, and neighbouring communities, who have suffered repeated terrorist harassment in recent times. 

    The OPFY reassures the people of Zamfara State and the North West of its continued commitment to ensuring peace and security in the zone.

  • Top UTME scorer, others get scholarship, named Warri brand ambassadors

    Top UTME scorer, others get scholarship, named Warri brand ambassadors

    One of the top scorers of the Unified Tertiary Matriculation Examination, Ebule Oritsemeyiwa Precious, 16, has received a fully funded scholarship from the Warri South council  for his outstanding academic performance.

    The Chairman of Warri South council, Comrade Agbateyiniro Weyinmi Isaac, honoured Ebule and two other teenagers, McCarthy Oritsetseyigbemi Jessy, the winner of the 2025 NDLEA National Award; and Adekunle Oluwasegun David, a talented young saxophonist for their outstanding brilliance, and awarded them as Warri Brand Ambassadors.

    At a ceremony held during a breakout session of the Council’s executive meeting, the Chairman stated: “Excellence pays. Doing the right thing pays. If people are not rewarded for doing good, they might think their efforts are in vain.”

    Ebule scored an impressive 334 in the 2025 UTME and received a full four-year university scholarship, 

    McCarthy was granted ₦2,139,000, covering her 2025 tuition, while Adekunle was gifted ₦500,000 to support his education and musical career.

    The recognition extended beyond the trio to one Mr. Jolly Omatie, a volunteer teacher who has served Ukpotiki Primary School in the riverine area for years without pay. Omatie will now receive a monthly stipend of ₦77,000 from the council in appreciation of his selfless service.

    Agbateyiniro said the initiative reflects the spirit of Governor Sheriff Oborevwori’s MORE Agenda, which prioritizes merit-based development and grassroots connection.

    “This is our own version of the MORE Agenda in Warri South. Every local government has its way of interpreting it. Here, we are connecting it to excellence and merit,” he said.

    Read Also: Admissions: JAMB lists conditions for screening of under-16 UTME candidates

    He added that the Warri brand must be represented by individuals who embody excellence and integrity, stating: “Those that are going to be in charge of this brand must be people of merit. If we find any of you acting outside the values of excellence, you will be stripped of this honour. We want others to emulate you.”

    Princess (Mrs.) Misan Eke, Supervisor for Human Capital Development, detailed the benefits each honouree would receive and emphasised that the council’s gesture is a strategic investment in the future of Warri.

    Chairman of the Warri Brand Committee, Dr. Marvis Onojowho, also lauded the council for institutionalising the recognition of merit, stating that rewarding excellence is key to shaping a brighter future for Warri.

    The teenage ambassadors, visibly elated, and joined by their fathers, expressed gratitude to the council for the honour bestowed on them and pledged to live up to the expectations of their new roles. 

    Meanwhile, Ebule has aced his core subjects in the 2025 West African Senior School Certificate Examination, WASSCE.

    He got A1 in Further Mathematics, A1 in Physics, A1 in Chemistry, B3 in General Mathematics and B2 in Technical Drawing in the just released results.

  • Money laundering: EFCC launches probe into real estates

    Money laundering: EFCC launches probe into real estates

    • Agency secures interim forfeiture of 15 estates
    • ‘How public servants are involved’

    Digging deeper into its core function of preventing money laundering, the Economic and Financial Crimes Commission (EFCC) has identified real estate as an avenue for the diversion of stolen funds.

    The anti-graft agency’s Chief Executive said yesterday that investigations have begun into the acquisition of estates across the country.

    Ola Olukoyede said: “What we have been able to find out is that most of these estates are funded by civil servants who have stolen money.”

    He spoke in Abuja at a “policy dialogue on critical issues affecting Nigeria’s real estate ecosystem”.

    It was organised by an Abuja-based law firm, the Law Corridor.

    Olukoyede said the commission had secured the forfeiture of 15 of such properties.

    He said some of the civil servants abandon the properties when they no longer have access to illicit funds, with some buildings left uncompleted for as long as 20 years.

    He called for the operationalisation of the Beneficial Ownership Register to provide information about those behind corporate entities and investments, particularly in real estate.

    He said: “I have set up a team. We will start visiting all the housing estates, not just in Abuja, but across Nigeria. We want to know who owns what.

    “It will shock you that some of these estates have been abandoned for between 10 and 20 years.

    “They just take the construction to a certain level and abandon it, and nobody knows what is going on.

    “What we have been able to find out is that most of these estates are funded by civil servants, who have stolen money.

    “So, the moment they leave public service and the money is no longer coming, they abandon the estates.

    “The developer will now begin to look for investors to support them in completing the projects.

    Read Also: Court restores EFCC’s interim forfeiture order on Yahaya Bello’s ‘properties’

    “That is one of the things we have discovered in some of these abandoned estates, and we have taken steps to begin to move against some of those estates.

    “In recent times, we have had cause to file for the forfeiture of about 15 of them. We have got orders of interim forfeiture,” the EFCC chairman said.

    Olukoyede, along with Nigerian Bar Association (NBA) President Mazi Afam Osigwe (SAN) and the Bureau of Public Procurement (BPP) Director-General Dr. Adebowale Adedokun, called for reforms of land administration.

    They blamed the current chaotic and archaic system for the real estate sector becoming a fertile field for money laundering activities.

    The trio called for urgent reforms that will allow for closer scrutiny and the deployment of technologies for seamless transactions that will emphasise transparency and accountability on the part of players in the sector.

    The event addressed three key thematic areas, including: “Tackling illegal property sales, fake developers and unlicensed agents; Investment compliance and anti-money laundering, and Access to legal remedies.”

    Olukoyede added: “What we have discovered is that the issue of money laundering is very rampant among estate developers. It is extremely rampant.”

    He underscored the difficulty in accessing cheap and low-interest funding, saying it accounts for why real estate becomes easy for people to launder stolen money.

    “There is no one who will go to any bank in Nigeria today and borrow money to invest in real estate and make a profit.

    “Real estate development takes time; sometimes you are on a project for five years.

    “So, if you have gone to a bank to take a loan at over 30 per cent interest, how do you survive?” the EFCC Chair said.

    He said money laundering will persist where the real estate sector is not well-regulated, with funds made available to investors at single-digit interest rates.

    “Let the government set aside special funds for real estate, from which loans could be given at a single-digit interest rate.

    “Government organisations like the Federal Mortgage Bank, Aso Savings and Loans should be made to play this role,” he said.

    Olukoyede called for the adoption of an economic system that will de-emphasise cash transactions as a measure against corruption and money laundering activities.

    He said: “A thousand EFCCs will not be able to scratch the surface of our corruption problem if we continue with our cash-based economy.

    “We have to do something about this credit transactional system. We can’t move forward.

    “We should look at countries where this system works and replicate it here.

    “You want to buy a car, it is cash. You want a house, it is cash. Everything you do in Nigeria is by cash. We can’t build an economy that way. I once told them this at the National Assembly.”

    He disclosed that some of those being investigated and prosecuted by the EFCC admitted to diverting public funds just because of societal pressure.

    “Some will come to you and say: ‘Yes, I did it. There is no other way to pay my children’s school fees; there is no other way to survive. Please, I am at your mercy.’ At that point, the investigator will become helpless.”

    He said he has encouraged his staff members to patronise the Credit Corporation, established by the Federal Government and urged all to take advantage of its services.

    Olukoyede urged real estate developers to learn to play by the rules so as not to run afoul of the law and ensure they engage in due diligence to enable them to gather sufficient information about their clients and customers.

    Osigwe, who identified the many anomalies in the sector, called for reforms to ensure enhanced regulation of the industry.

    He noted, for instance, that it is only in the country that it requires the owner of a property to produce his or her certificate of occupancy (C of O) before the ownership of such property can be confirmed.

    “I can sit down here and, with the payment of the appropriate fees, confirm the ownership of a property in the United Kingdom. But, I can’t do that here,” Osigwe said.

    The NBA President noted that the current process of land and property administration is not only cumbersome but also archaic.

    He advocated for the deployment of technologies to ensure a seamless and transparent system, arguing: “We must tell ourselves that the present system is not working and cannot work.”

    Adedokun noted that public sector funding accounts for a greater percentage of housing estate projects being undertaken across the country.

    He said that to curb money laundering in the sector, there is a need to address how public funds are being utilised to provide goods and services to the people.

    The BPP boss stressed the need for accountability and transparency in the manner in which funds are sourced for real estate investments in the country.

    He said: “What we are doing now in collaboration with the Corporate Affairs Commission (CAC) is to say that, if you are awarded a contract, we want to measure that contract with actual performance.

    “What is to be done to prevent diversion of public funds is by tightening the procurement process and how projects are implemented, because the difference between the actual cost of the project is what leads to people having funds to launder.

    “That difference that we cannot account for is what gives people funds to launder. Since they cannot store such funds in banks, they have to look at an alternative way to store the money.

    “And today, because the real estate sector is poorly regulated, it is very easy for anyone to throw money into it.”

  • CREDICORP, NYSC seal deal on N9b scheme

    CREDICORP, NYSC seal deal on N9b scheme

    • Programme to empower fresh graduates
    • Serving corps members to access up to N200,000 credit facility

    The Nigerian Consumer Credit Corporation (CREDICORP) has signed a Memorandum of Understanding (MoU) with the National Youth Service Corps (NYSC) to enable serving corps members access up to N200,000 each.

    According to the MoU, eligible corps members will access up to N200,000 single-digit interest loan under the “YouthCred” initiative.

    Speaking at the signing of the MoU yesterday in Abuja, the Managing Director/Chief Executive Officer of Credicorp, Uzoma Nwagba, said N9 billion has been earmarked for the first phase of the programme.

    Nwagba said the programme was in fulfilment of President Bola Ahmed Tinubu’s Democracy Day address on June 12, when he promised that a credit initiative targeting 400,000 Nigerians, including youth corps members, would begin.

    He also said the first phase of YouthCred focuses on NYSC members, who will be required to complete a short digital credit education programme before becoming eligible for the credit facility.

    According to him, the loans are intended to support a range of needs, including relocation, purchase of work tools or devices, skills training, and funding for small businesses.

    Describing the corps as a “national gold mine for credit reorientation,” Nwagba assured everyone that both bodies would ensure that YouthCred is an integral part of the NYSC scheme.

    He said: “The heart of YouthCred is actually not just credit, but credit orientation that is teaching young Nigerians, especially as they are coming into the workforce, teaching them good credit habits, teaching them how to build a credit history, teaching them how to plan financially and borrow responsibly, and then ultimately also giving them credits that enables them to access goods and services.”

    Nwagba said corps members would be eligible to access smaller amounts after completing its credit education scheme, and would access larger sums of up to N200,000 after paying up their previous loan.

    “Our first target for this is N9 billion. But like I said in the signing ceremony, the loans will grow, and the amounts will grow as the programme continues to gain adoption,” he added.

    Read Also: Sanwo-Olu inaugurates network of roads, hospital in Badagry

    The Credicorp chief executive urged corps members to take full advantage of the opportunity, stressing that financial discipline and timely repayment would be critical to the sustainability and expansion of the scheme.

    The NYSC Director-General, Brig.-Gen. Olakunle Nafiu, hailed President Tinubu for kicking off the programme with the scheme.

    Describing the MoU signing as epoch-making, the NYSC DG noted that the YouthCred programme would have a positive impact on both corps members and the NYSC scheme as a body.

    The director general said the initiative would not only enhance the financial independence of corps members but also contribute to fostering a culture of entrepreneurship and responsible credit use among Nigerian youth.

    Nafiu noted that many corps members possess innovative ideas and business acumen but are often hindered by a lack of access to start-up capital.

    The DG noted that with YouthCred, young Nigerians now have a platform to kick-start their ventures and acquire essential tools that would make them more productive during and after their service year.

  • Torrents of tributes for media icon Doyin Abiola

    Torrents of tributes for media icon Doyin Abiola

    • Journalism trailblazer dies at 82
    • Tinubu, governors, NPAN, NGE, others mourn

    Media icon Dr. Hamidat Doyinsola Abiola, who died on Tuesday night in Lagos yesterday received a torrent of tributes.

    President Bola Ahmed Tinubu described her as a trailblazer and champion of democracy, who fought with courage against the military rule.

    Dr. Abiola, 82, was widow of the late business mogul Basorun Moshood Kashimawo Olawale Abiola, the winner of the June 12, 1993 presidential election.

    Dr. Abiola was the first female to be appointed newspaper editor by the Concord Press Limited where she rose to become the Manging Director/Editor-in-Chief.

    Before then, she was features editor of the Daily Times.

    She was editor-in-chief    of the Concord Group during the struggle for the actualisation the 1993 presidential election won  by her late husband. The late Abiola was denied victory by the military government of the Gen. Ibrahim Babangida. He was incarcerated by the administration of the late Gen. Sani Abacha.

    Abiola died in detention in 1998.

    During this period Concord was shut twice by the military. Abiola and reporters at the newspaper were hounded, harassed and detained. But she was unbowed.

    Yesterday, prominent Nigerians and media men, women flocked to her Lekki Phase I Lagos resident to commiserate with her family.

    They were received by her only daughter Mrs. Doyinsola Bamise and other family members.

    The Newspaper Proprietors Association of Nigeria (NPAN), once led by Abiola, the Nigerian Guild of Editor (NGE), where she was a leader, The Nigeria Union of Journalists (NUJ) Lagos Council sent tributes and condolences to the family.

     Governors and Nigerians from all walks of life also paid tributes.

    Lagos State Governor Babajide Sanwo-Olu, his Ogun State counterpart, Prince Dapo Abiodun, hailed her dedication and commitment to journalism.

    Dr. Dele Alake, Minister of Solid Minerals Development, who was editor of Sunday Concord and National Concord at different times under the late Dr. Abiola as Editor-in-Chief penned a moving eulogy.

    Paying glowing tribute to her, President Tinubu described the late Mrs. Abiola as a woman of integrity and excellence, who dedicated her life to the public good and the advancement of democratic governance in the country.

    He relived her courage during the June 12, 1993 election crisis, saying that she  embodied “integrity, tenacity, hard work, commitment to excellence and dedication to public good and democratic good governance.”

    President Tinubu, in a statement, lauded her pioneering achievements in journalism, noting that she broke gender barriers by becoming the first woman to edit a national newspaper and later, the first female Managing Director of a daily newspaper in Nigeria.

    He said: “Doyin Abiola was an Amazon and an icon in Nigerian journalism. She stayed in the journalism course since starting as a reporter with the defunct Daily Sketch after graduating from the University of Ibadan in 1969, majoring in English and Drama.”

    The president said under her leadership, the National Concord introduced Weekend Concord, which revolutionised human-interest reporting in the country.

    Read Also: Sanwo-Olu inaugurates network of roads, hospital in Badagry

    President Tinubu also recalled his personal bond with the late journalist, which was forged through his close relationship with her husband, Chief Abiola.

    He said: “As MKO’s wife, Doyin became acquainted with politics and took a keen interest in it, particularly when her husband ran for president in 1993. She played a prominent role in MKO’s election, mobilising and providing direction for the media under her control.”

    The President also recalled that after the annulment of the 1993 election, Dr. Abiola refused to be a bystander, adding that after the military junta shut down the Concord Group, she stood her ground, demanding the validation of the historic election.

    President Tinubu also praised the deceased for her role in promoting gender equity and empowering women through her leadership in journalism.

    He said: “Nigerians will never forget Doyin Abiola’s leadership during her illustrious journalism career, her championing of women’s empowerment, and her commitment to democracy.”

    He extended his condolences to the Abiola and Aboaba families, her daughter, Doyinsola, and the governments and people of Lagos and Ogun States.

    The President added: “May her soul rest in peace. May this nation be blessed with more women of Doyin Abiola’s calibre and pedigree.”

    Editors mourn senior colleague

    The Nigerian Guild of Editors (NGE) expressed sadness over the passage, saying that Dr. Abiola’s legacy underscored  her pioneering spirit, breaking down gender barriers and mentoring generations of journalists who have gone on to become great professionals.

    NGE said in a statement by its president, Eze Anaba and General Secretary, Onuoha Ukeh, that Dr. Abiola’s leadership, dedication to excellence, and commitment to press freedom, gender equity, and national development have left an indelible mark on the profession.

    It added: We remember her courage and resilience during the military era, withstanding harassment and threats during her tenure at Concord Newspapers.

    “As we pray for her soul’s repose, we celebrate her achievements, which serve as a reminder that a person’s legacy is defined by the positive impact they leave behind.

    “Dr. Abiola’s life and work inspire us to strive for excellence, driven by passion and commitment, regardless of gender or circumstance.”

    NPAN: she served to the end

     NPAN paid tribute to the deceased, describing her as “our sister, friend, colleague and a trustee of our esteemed Association.”

    A statement by its president, Kabiru Yusuf, recalled that she was a record breaker, who left an indelible mark in the newspaper industry and served the industry till her death.

    Yusuf said: “Dr. Doyin Abiola, until her death was a trustee of the Newspaper Proprietors’ Association of Nigeria (NPAN)

    “She was also a recipient of the Lifetime Achievement Award of the Diamond Awards For Media Excellence (DAME).

    “On behalf of the Executive Council of our esteemed Association, we commiserate with her entire family ,  members of the Fourth Estate of the Realm and former staff of the defunct Concord Newspapers.”