In this interview with our correspondent, IFEANYI EMENARI, Benue State Commissioner of Police, sheds light on the root causes of the long-standing conflicts and killings plaguing the state. SANNI ONOGU provides excerpts:
What are the police and other security agencies doing to arrest the killers and stop the incessant attacks and killings in the state?
When the President and the Commander-In-Chief of the Armed Forces came to Makurdi barely two weeks ago, he encouraged the security agencies here with a matching order of our taking proactive measures and taking the battle to the murderers or the killers who perpetrated the massacre at Yelwata. Since then we have arrested 26 suspects. You may be surprised to that some of them are the leaders of the cultural organisations. We have two Ardos (Fulani chiefs) and we also have local people from Yelwata that also helped these outsiders to come and massacre their people or to kill their people. But all in all, as of now, I think we have arrested 26 or 27 suspects and they will soon be charged to court. The Inspector General of Police’s IRT (Intelligence Response Team) is a special team from Abuja that has been doing a marvellous work. They have gone everywhere to pick them up but some are still on the run. Many of them have been picked, just as I said. We have reinforced security in Yelwata. We have a kind of put Yelwata in a security cordon. We have Mobile Policemen at the back of each side of the town. So, it will not be easy again for the assailants to come from behind the town and the police post is in the middle of the town. The military also have their base there. So, we have secured Yelwata town with enough or enforced security men, both mobile police units and the tactical squads. We even added APC (Armoured Personnel Carrier) for easy mobility. We are patrolling that axis because it’s not only Yelwata, we also have Ortese that an incident happened yesterday. We have gone all around that axis. We are working in synergy with other sister security agencies. I can assure you that the government of Benue State, led by His Excellency, Reverend Father, Dr. Iormen Hyacinth Alia, has been very supportive to all the security agencies. He has been supporting us with logistics, encouragement and with whatever he can. We hold security meetings regularly. In the past two days or three days, we have held meeting once or twice. It’s a regular thing because we have a situation at hand so all the security agencies in collaboration with the government of Benue State, we are putting heads together to make sure that this hydra-headed monster is killed once and for all.
Also, the Inspector General of Police has pushed immense reinforcements to Benue State. At least mobile police came from about 12 Squadrons added to the ones that we have on ground. Then they also pushed four tactical teams from the Force Headquarters with their intelligence led approach and better techniques and technologies added to the air component which is also taking care of the air. So, the support of the Inspector General Police is holistic.
It covers every aspect. That’s why we have enough logistics and enough men to move around. So with the IGP supporting and sending more reinforcements and deployments and the State governor, giving the welfare support, our men are highly motivated and they are taking the battle to the hoodlums, so to speak.
How many police men have been deployed to Benue State in terms of reinforcements following the Yelwata massacre apart from those serving in the state?
I can assure you that we have enough men on the ground.
Have the Police been able to identify or pinpoint the root cause behind the protracted killings in Benue State over the past years, of which some have variously attributed to political, inter-communal and farmer/herders conflicts?
All those factors you mentioned are the problems. All of them contribute to the challenge of insecurity in the state. But everything boils down to the farm. That is where most of the clashes happen. The killings happen in the farm. Even the ones that do not happen directly in the farm, it’s always out of what happened in the farm. Just like this Yelwata. Yelwata is not a farm. It’s a rural town and then we have one or two other rural towns that such incidents happened.
But generally, it happens based on disagreements on who owns the farm or who uses the farm because everybody knows who owns the farm. It’s now the usage that is really causing all these matters. But all of them are fuelled by all these factors that you have mentioned. Otherwise, herder/farmer problem is not a new thing in Nigeria. They have always had a way of resolving their matters when they have issues because the animals must eat grasses. Sometimes, they stray into farms and eat the crops and farmers must also ward the animals off but local people have a way of resolving this matter. But the issue now is not a matter of eating crops or shooing away animals. It is a matter of armed men patrolling people’s farms and pursuing away people from their ancestral homes. So that is what makes it a complex matter. But all the other factors capitalise on this one. Some people would want it to stop so that everybody will have peace, but you can as well know that it’s not unlikely that some people may not want it to stop because they benefit from the problem. That’s where the challenges come from but we are interested in the security aspect of it – that both the farmer and the herder must live in peace. If we have a problem, the rule of law will solve it accordingly and that is what the President is hammering in talking about resolving the matter so that everybody will live within the rule of law. The Nigerian Constitution and Benue State laws have enough capacity to protect everybody living in Benue State. As law enforcement officers, we have to enforce the law and that is why we are here.
What is the panacea to ending these protracted killings in Benue state?
The problem is protracted, just like you said. When I went to the villages, I went to a place that they showed me an IDP camp that some of the children born at the IDPs camp are 15 years old. The Government of Reverend Father Hyacinth Alia is taking the bull by the horns. What happened at Yelwata and pockets of what is still happening here and there is a kind the hoodlums don’t want to give up easily. So, they must just do something either to discourage the state from continuing taking the line of action against them or just to deceive the world that they are still in charge. No, they are not in charge. All the farms are free, but because the farmers in Benue state have very massive expanse of land, they can easily go and ambush or meet with a farmer in his or her isolated farm and they will deal with them there before help will come and they’ll keep on publicising that action to put fear in people so that they will not come back to their farms.
Meanwhile, they are not staying in the farms, they cannot cover the farms. The security men patrol some of these rural areas once in a while. But there is a massive improvement. If you are in this state, you will know about Aper. Aper in the past two months has become the epicentre of killings. But in the past three to four weeks now, no incidents have happened in Aper and that is because we posted our tactical teams to cover Aper. Naka was worse than Yelwata. Yelwata is just an isolated incident that happened in that axis. Otherwise, everything happened in Naka before now. As of now, if you can ask, in last three weeks, no incidents have happened in Aper. The security agencies have taken the bull by the horns and cleared armed gunmen in the farmlands. I want you to understand that the police and other security agencies are not against any cattle herder or any farmer, but we are totally against bandits and armed herdsmen that carry their arms to go and harass farmers. Those that are even not carrying their rifles, carry machetes and daggers to slit the throats of isolated farmers in the bush. That is what we are against and I also know that that is what the government is against. They are criminals and irrespective of tribe, we will go after them.
Does that mean that with the security measures you have put in place, very soon, the people of Benue State will sleep with their two eyes closed?
If the people in Naka and Apa slept well for the past three weeks without any incidents, with the additional number of reinforcement that the IGP has sent to us and making effective use of them and then the awakening of the people too – the people have also woken up and they are supporting the government and the government is supporting them to stay awake. If you cannot face the bandits with sophisticated weapons, you can always shout. You can always call the security agencies that can help you. I’m also aware that the governor also empowered all the local government chairmen to work in synergy with all the security agencies there. We are working, but it is just that the challenges have been there in the last 10 to 15 years; the solution will come gradually but the farms are free now. That is why you see all these bandits struggling to see whether they can still control the farms but the farms are free and that’s why we are working diligently to make sure that unknown armed men don’t reoccupy the farms. We have made a lot of sacrifices. Our men have paid the supreme price. Even the local security, like the Civil Protection Guards which is the State Government’s outfit, many of them have paid the supreme price and all these sacrifices will not be in vain. I’m sure Benue will be free from all this harassment by bandits. Definitely as we are clearing them, we will not allow them to come back.
Governor Dikko Radda has never held back in declaring the achievements of his administration, especially in the areas of security, medical tourism, education, healthcare delivery, agriculture, infrastructure and others. AUGUSTINE OKEZIE writes:
During a media chat held to mark his second year in office, Governor Dikko Umaru Radda in a mid-term review of his administration’s performance since assuming office in 2023,listed most of his performances to include: establishment of the best dialysis centre, upgrading of 158 Primary Health Center, PHCs, clearing backlog of pension and gratuity, procurement of 400 tractors, agriculture equipment to revolutionize the state agricultural sector, as well as renovation and upgrading of over 150 primary schools alongside 75 junior and senior secondary schools.
Also during the anniversary briefing held at the Government House, Katsina, the Governor described the milestone as moments of honest reflection to account for the trust the people of Katsina placed on him and the government when he was given their mandate to lead.
He said: “I made a promise to build a future where every citizen, regardless of background or status, can live with dignity, opportunity, and security. That promise remains my solemn oath.”
“My development blueprint, titled ‘Building Your Future’, underwent rigorous assessment through a blueprint committee comprising 11 sub-committees and over 200 experts, many of whom now serve in my administration.”
“This administration established several key institutions to drive development, including the Katsina State Development Management Board, the Strategic Policy Implementation Monitoring and Evaluation Unit (SPIME), the first-of-its-kind Katsina State Irrigation Authority and the nationally recognized Katsina State Enterprise Development Agency, KASEDA. for MSMEs.”
“We recognized that institutions are nothing without the people, so we introduced merit-based promotions starting with the competency-based appointment of permanent secretaries.”
“In another unprecedented achievement, we cleared the backlog of pension and gratuity for the state and local government, allowing the state to focus on the new contributory pension scheme.”
The governor further explained that a comprehensive 2,000-page staff audit and skills gap analysis report is under review for implementation.
Tackling banditry and security challenges
The Nation recalled that tackling banditry and security challenges were inherited upon assuming office as Governor Radda noted, adding that insecurity affected 26 of the state’s 34 local government areas.
He emphasised his administration’s commitment to the fight against banditry, noting: “The fight against banditry and insecurity were a major pledge during my campaign, and that I would expend all the necessary resources to fight it.”
Governor Radda further noted the establishment of the Katsina State Community Watch Corps
He said “We did not waste any time in passing the law and setting up the community-driven security outfit, which has inspired other states”.
“We have made significant gains in the fight against insecurity, but much more must be done to eradicate banditry and other forms of criminality. We continue to work with the Federal Government and the military to bring an end to this menace.
“We will continue our policy of supporting victims rather than paying ransoms to bandits,” while calling on citizens to “work with the authorities and provide information where it will lead to the arrest or termination of bandits.”
On Food security
Addressing food insecurity, Governor Radda outlined massive investments in agriculture and livestock development. The administration has supported thousands of farmers with small-scale irrigation technologies and established the Katsina State Agricultural Mechanization Centre.
“With 400 tractors, matching implements, combined harvesters, planters, mobile irrigation rigs and other equipment, we are set to revolutionize the sector,” the governor announced, adding that extension workers increased from 74 to over 780.
“The next step is to establish processing zones to create value addition and consumer products in the sector. Katsina will become a net exporter of processed agricultural products soon,”
Health Care
The governor further reported significant progress in healthcare delivery, stating his commitment to “providing one fully functional primary healthcare centre in each of the 361 wards in my first term,” with 158 currently completed.
Major healthcare investments include recruiting 638 additional workers, sponsoring 41 students abroad for medical studies, and establishing “the best dialysis centre in the country”.
Education
In education, the governor reported building over 150 primary schools and 75 junior and senior secondary schools since he took office, describing this feat as the fastest rate in the state’s history. adding that an additional 77 secondary schools are currently under construction.
The administration has also recruited over 7,250 teachers and is introducing computer technology to schools for early exposure to modern education.
He said: “Education is a collective responsibility, and we are all accountable. Families and communities must be at the forefront of education reform.”
Speaking on infrastructure, Governor Radda announced the completion of all inherited road projects and the construction of new ones, including the recently commissioned 24-kilometre Eastern Bypass, which “will expand our capital city and serve our people for decades to come”.
“This administration has embraced technology, launching a fully digitized Treasury Single Account and automating our revenue collection service, leading to significant revenue growth and improved transparency’’.
“We have been able to start implementing over 90% of the policies in my blueprint and by the will of Allah we will complete them all while introducing new ones.”
“Our strategy for the next two years is to improve the utilization and optimization of the investments we met and made over the past two years. Every good action we have taken will be expanded, and any misstep will be eliminated to the best of our ability.”
Katsina Varsity Mgt. denies ASUU accusation of withholding information about paucity of funds
The management of the Katsina State owned: Umaru Musa Yar’adua University, UMYU, has dismissed allegations by the varsity’s branch of the Academic Staff Union of Universities, ASUU, about its failure to tell the students, government and the academic community the truth, about paucity of funds to execute infrastructural projects as well as provide essential amenities that were lacking in the university
The Deputy Vice Chancellor, DVC, Academic, Professor Yusuf El’Ladan, while dismissing the union’s allegations said the varsity management regularly interfaces with government, students and the university community, during varsity congregations as approved by statutory bye laws.
On funding allocations and budgetary provisions for planned infrastructural developments, he further stated that the varsity is running an open administration that carries every stake holder along in the scheme of things
He said: “The management strictly abides by university bye-laws on twice regular congregation in a year and meetings with the unions”
“If there’s any university in the country with regular meetings and interface with staff, students and the unions, it’s UMYU.
“Each time the unions requests for meetings with the management, we are always ready to grant such requests.”
On the lack of regular supply of essential commodities including water, electricity in students hostels and lecture halls as well as security in the campuses, the DVC maintained that the university is presently doing its best in the provisions of essential amenities on the campuses as well as security, adding that the present situation on water and electricity supplies in the universities is nationwide, without any exception.
He said: “The management had constructed boreholes and hired water tanks for emergency water supplies and augment supply shortages’’
“There is also an ongoing arrangements with TETFund for power supplies that will address persistent national grid collapse and the slack in power supplies ‘’
The Nation recalled that the Chairman of ASUU, UMYU branch, Dr Mutalla Abdullah Kwara, had during a media chat with newsmen at the secretariat of the union outlined what he called “tripartite challenges affecting the smooth running of the Katsina State owned university”.
Radda doles N4bn to lift katsina’s Women Project, Says over 800,000 Women will benefit
Governor Radda has announced budgetary allocation of N4 billion to support women-focused economic programs in Katsina.
He made this known during the North West Scale-Up Summit of the Nigeria for Women Project (NFWP), held in Katsina.
The summit brought together stakeholders from across the region, including Commissioners for Women Affairs from Kano, Kaduna, Kebbi, Gombe, and Jigawa, senior federal officials, traditional leaders, representatives of development partners, and women leaders from grassroots organizations.
In his remarks, Governor Radda emphasized that the Nigeria for Women Project is more than just a policy adding that it is a transformative grassroots movement built on dignity, inclusion, and resilience.
The governor further revealed that over 800,000 women in Katsina are expected to benefit from the expanded implementation of the project, which currently operates in Katsina, Daura, and Funtua local government areas.
He said: “This will be achieved through the formation of Women Affinity Groups (WAGs), access to microcredit, entrepreneurship training, and community-based cooperatives.”
“Our women are not waiting to be helped—they are already leading change. We are simply giving them the platform.”
Governor Radda also announced that Katsina State will match the existing World Bank funding to scale the project across all 34 local governments in the state. He noted that this commitment is backed by the allocation of N4 billion in the 2025 budget to support women-focused economic programs, along with the creation of gender desks in every local government.
On her part, Minister of Women Affairs, Hajiya Imaan Suleiman-Ibrahim, described the Nigeria for Women Project as the most coordinated and impactful gender equity initiative ever implemented in Nigeria.
Saratu Husseini bears misery like a loaded gun. On her face. From a distance, there’s little to see beyond the pointed muzzle of her grief. Closer, you’d hear the sharp crack of agony spurt from her lips: “I lost my three sons, on the same morning, few minutes apart. The water took them.” It takes a brave heart to fully comprehend the ordeal of the 44-year-old widow, who lost three children to the flood that swept through Tiffin Maza on Thursday, May 29.
Saratu watched death happen three times, under 30 minutes. Three sons, gone, in one fell swoop. That morning, as the water surged all over Mokwa, Saratu’s sons got swept one after another, as if the river intended to drink her womb dry.
Mohammed, 12, drowned trying to rescue a goat and some food. The flood dragged him away like a doll. Aliyu, 15, lunged after his brother, screaming his name into the chaos. The current devoured him too. Kabir, the oldest at 18, having borne their mother on his back to highland, leapt back into the water to save his brothers. He got swept, arms flailing, until he vanished in the storm.
Saratu saw it all, screaming helplessly from her perch on highland, where her oldest son bore her to as the water rose rapidly to chest level. Three sons perishing in rapid succession, under 30 minutes, as they struggled to save her, some food, and other valuables, was just too much for her battered heart to take.
“We lost Mohammed first, then Aliyu. I begged Kabiru not to go after them. But he wouldn’t listen,” she said, her voice searing, like a subdued howl.
Through her recall, Saratu’s mind unfurled like a maze of harrowing realities; sorrow nebulously flowered from its fragile precincts as she relived the deluge that turned her and about 416,600 residents of Mokwa into refugees on Thursday, May 29.
Following torrential rainfall that began the previous night, a devastating flood swept through Saratu’s home in Tiffin Maza, pulling it down, alongside several others in Mokwa Local Government Area (LGA) of Niger State.
Officials later confirmed at least 207 people dead and over 1,000 missing. The flood submerged farmlands, destroyed about 500 homes, and injured more than 500 people. The recent disaster is simply one among many in a country fast becoming familiar with floodwaters; in 2024 alone, flooding killed over 1,200 people across Nigeria.
The impact of the recent flood hit hardest on Mokwa’s vulnerable divides: women and children.
The rain came to harvest their sons
Recounting her experience, Saratu Mai Karfa said she travelled to Mokwa to attend a wedding. “Unfortunately, the wedding was disrupted as the bride-to-be was killed by the flood. I also lost my youngest and eldest sons, aged 28 and 17 years,” she said.
Mai Karfa also lost a lot of valuables that were meant for the wedding: expensive clothes, perfumes and food items. “The wedding materials, including clothes for my children and other items, were stored at a neighbour’s house, but they got swept away by the flood.”
“My daughter, who was also planning her own wedding, lost her wedding materials worth about N200,000 that she had bought with her own money and stored at my younger brother’s house. Unfortunately, nothing was salvaged from that house.”
Zainabu Muhammadu equally recounted her losses in the tenor of a subdued howl. Speaking with The Nation, her voice broke, and a tremor coursed through her as the conversation segued to her children. “I lost them all,” she wept, bemoaning the untimely loss of her three sons, aged 14, 17 and 24. “They were all I had,” she said, recalling how the water crept into her home and kept rising.
Cutting an equally sorrowful portrait, Zubaida Aliru relives her pain in the frame of the two small babies she can no longer hold: Hassan, 10, and Khadijatu, five. Despite the suddenness of the flood, Aliru was quick to react, reaching for her kids. Driven by maternal instincts, she held one child in each arm. But as the waters swelled, she urged them both to cling tightly to her while she attempted to wade through it. But her maternal will was too feeble for the rapid current. Eventually, they let go, and the water swept them away. “I screamed desperately for help,” she said. “But the water was louder than my voice. Nobody came to help me because they were equally fighting their way out of the water,” she said. Her story repeats, though in a different tenor, in the narratives of several mothers.
Maryam Dahiru, however, considered herself lucky because none of her 18-member household died in the flood. But everything else vanished. Her goats, pots, grain sacks, and children’s notebooks.
“There are 18 of us in the family, and fortunately, none of us died in the flood. But we have lost everything. The flood washed away all our food, belongings, and domestic animals. We didn’t salvage anything, not even a single shoe,” she said.
“It’s hard to estimate the value of what we have lost. All we can do is pray to Allah to replace it with something better,” said Dahiru.
Of broken aid and bruised dignity
When tragedy strikes, sometimes, its silhouettes prowl in government uniforms. The distribution of the relief materials has let loose a tide of distrust, prejudice, and unseen borders. In Wurin Gangare and Gudun Ruwa, for instance, resentment festers among bereaved families and displaced survivors of the flood in real time. A young woman (names withheld) veiled in a pale yellow qimar, recounted the injustice currently being meted out to her and fellow displaced persons.
She said, “Let me start with what’s affecting us directly. We are a close-knit community in Gudun Ruwa and Wurin Gangare, and we know those who were directly affected by the flood and who wasn’t. However, the relief materials are being distributed unfairly. On a single afternoon alone, I counted over about 20 people who were not directly affected receiving aid, while those of us who lost their loved ones and property have not gotten any.”
The relief distribution officials, she said, seem to be favouring people from the uphill areas, “specifically the Nupe community, without considering the actual victims and families of those who lost their lives.”
According to her, “We know many Hausa and Nupe people who were affected in Gudun Ruwa, but it’s unfair that those who were not affected are collecting relief materials. We know who the dead belong to. We know the houses that collapsed. Yet people from uphill who lost nothing got three cooking pots. We got one. Some got none.”
However, a government aid worker serving the area, dismissed her allegations claiming they were exaggerated and stemmed from her impatience with the system.
While the relief materials may not be enough, several humanitarian actors are working with the state to accommodate the needs of all the survivors. “In general, we cook more than 25kg for 50 people, but we also provide for 300 or more, that is about 30 measures per day,” said Sa’adatu Aliyu, an official of the Federation of Muslim Women Association of Nigeria (FOMWAN) Mokwa LGA chapter.
Aliyu added that aside from providing food items, her organisation also provides clothing, toiletries and detergents. “Some NGO’s help us in sharing the food and items to the IDPs,” she said.
The Director of Information at the Niger State Emergency Management Agency (NSEMA), Dr. Ibrahim Audu Hussaini, also confirmed that efforts are underway among government ministries, federal agencies, NGOs, and international partners to ensure fair distribution of relief materials and support to survivors of the flood.
According to him, the federal government has sent 200 trucks of grains and pledged ₦2 billion for resettlement. The state government, however, rejected the idea of IDP camps, allocating ₦1 billion for temporary shelters instead.
To ensure fair relief distribution, Hussaini said, beneficiaries are being verified through revalidation, with cash transfers and food items underway. Likewise, missing persons are still being identified. “We’re verifying each case carefully to avoid false reports,” Hussaini said, and added that many families are being issued death certificates and victims’ data is being collected, including approximate ages based on seasonal birth estimates. So far, over 50 per cent of affected persons have been documented, despite the intention to complete the exercise within 14 days.
Across Tiffin Maza and other parts of Mokwa, the flood’s cruel current has left several women without a lifeline. In a situation where opportunities for women are scarce, wives without income find themselves completely destitute and with slim chances of relief. The flood destroyed homes and markets and the delicate webs of dependency these women had threaded with neighbours, friends, and family. Widows who had leaned on children for food, or on neighbours for shelter, now face empty doorways and unanswered calls. There are fewer doors to knock on, to begin with, as most of the houses have been destroyed by the flood.
There is no gainsaying that the flood bears a devastating impact on several women.
A’isha Audu, who lost four family members, now count time by the number of days since she last ate a decent meal. For women like her, who once survived by a petty trade and from her sons’ farm labour, the destitution seems absolute. The deluge drowned their very fragile network of dependence.
Women who once kept families afloat with modest incomes from trade or farm labour also lost everything. In an economy already bent under the weight of conflict and hardship, their losses ripple outward, casting entire families into unyielding poverty.
Before the flood, Lailatu Suleimanu, 46, survived on the small earnings from her food business. But the flood washed away her little raw supplies and little savings, she said. Now, she must rely on the sparse rations doled out at the IDP camp.
For mothers without husbands or children, those whose strengths were rooted in the safety of family, the floodwaters have stolen their very means of survival. Stripped of homes, the displaced women now huddle in makeshift camps where food is a scarce commodity. Each woman’s story has the same bitter end. Farmlands have been buried beneath silt and mud, and small businesses that once afforded dignity and a meagre income are now in ruins. No thanks to the flood.
Left to the elements
Grief, in Mokwa, wears the face of a woman without food and a doubtful future. Widows like Zainabu Muhammadu now sit by the wreckage of houses that once pulsed with her children’s laughter. Her sons—14, 17, and 24—were swept away in one tragic blink. With her husband gone years ago, it was her boys who sheltered her from the elements and assuaged her sorrow. They tilled borrowed farms for grain, fetched medicine when the fever came, and laughed away her worries.
At their demise, hunger and desolation ensnare her like a second widowhood. She owns no land and must learn to live without her sources of strength. Neighbours who once brought bowls of grain and yams no longer visit. They, too, are displaced and undone.
As survivors of the flood jostle for portions of inadequate relief materials, women in particular must deal with men who hunt for the bodies of already broken women. Muhammadu sleeps with one eye open, praying that the moonlight is enough to shame predators away.
The camps offer the bleakest shelter. For several women, these places are rife with peril; the nights are haunted by the possibility of assault, with predators lurking in the fringes of their fragile sanctuaries. Hunger twists their stomachs as surely as the cold hardens the ground beneath them. And as night falls, they cower together, a mass of grieving mothers, weary daughters, and shell-shocked widows, clinging to each other in a fellowship borne of loss.
Outside the official emergency shelters, they flock under the beams of their destroyed homes and makeshift tents, eyes dulled by loss, bodies starved by days without food, spirits bowed under the weight of survival. Beyond the camps, the flood has disbanded families like seeds scattered in the wind. Children, once under their mothers’ watchful eyes, now roam the streets, doing whatever menial work they can find. Their mothers watch with haunted pride and sorrow, knowing that each day’s small earnings stave off starvation but steal their childhood.
The trauma of survival
There is no gainsaying that women and children compose the heart of the afflicted, bearing a unique burden of hardship. They are not only displaced from their physical homes but also pushed from the fragile balance of survival. Arjun Jain, UNHCR’s representative in Nigeria, observed that the floods are a fresh wound upon open scars inflicted by years of displacement and conflict on affected communities. “Communities which, after years of conflict and violence, had started rebuilding their lives were struck by the floods and once again displaced,” he said.
According to the UNFPA’s 2022 estimate, about 6.7 million people – 80 per cent – of the 8.4 million people requiring humanitarian assistance in Nigeria are women and children and are in the three most affected northeastern states of Borno, Adamawa and Yobe. Compared to the previous year’s 8.7 million, this represents a slight four per cent decline in people in need of humanitarian assistance.
Within these population groups, some of the most vulnerable people with special needs are housewives and girls who, in some cases, face a triple burden of finding ways to survive, caring for their families and protecting themselves from sexual violence.
According to the Humanitarian Needs Overview (HNO) for 2022, an estimated 1.4 million individuals (46% IDPs, 23% returnees, 31% host communities) will require Gender Based Violence (GBV) prevention and response services in the affected states.
After the May deluge, an unwieldy social crisis manifests in its wake, accentuating rising gender inequalities. The risk for women and girls caught in such a situation often multiplies in real time, argued social worker Omolara Odila. According to her, “Women are more vulnerable during emergencies and are left to navigate hardships that men rarely face in the same way. Many of them are poor, and the flood has rendered them even more vulnerable than most can truly comprehend.”
She argued that due to the widespread and systemic impoverishment of females in the disaster-prone areas, they are unable to adapt, without urgent and sustained help, to hardships foisted on them during emergencies, like the flooding and other humanitarian disasters.
Odila maintained that women are also generally more traumatised and vulnerable to Sexual and Gender Based Violence (SGBV) and other personal safety and health challenges imposed by disasters and social inequalities between genders. “The higher incidences of SGBV may increase the number of deaths and diseases among women and girls,” she said.
Previous findings in flood disaster zones revealed that SGBV often surges within distressed communities. Speaking to The Nation in the aftermath of the September 2024 flood, Hussein Jaka Ahmedu, a haulage truck operator from Konduga, stated that, “Many child molestation and rape cases happen in the dark but they go unreported because the victims fear being shamed and stigmatised,” she said.
Several females face the brutality of survival on multiple fronts, not only battling natural calamities but also the malice of males emboldened by the void of law and order. Health services are scarce; when available, they are stretched too thin to provide the care so urgently required. The risk of maternal mortality grows perilously high for expectant mothers, unable to access safe labour conditions amidst ruin.
According to Noemi Dalmonte of UNFPA. “The cycle of vulnerability persists, leaving these women no respite,” she said. “Every disaster disproportionately weighs upon the women, increasing the threat of sexual violence.”
No doubt, the impact of floods often surpasses the loss of lives and damage to critical infrastructure. Not often highlighted is its impact on female health, according to experts. Damaged infrastructure may impede access to health resources. Pregnant women, as established, could be at a higher risk, thus leading to a rise in maternal deaths.
Flooding, conflict and other humanitarian crises have only worsened the pre-existing severe reproductive health and GBV situations. Data from the 2018 NDHS show that a disaster-prone zone like the northeast, for instance, has a very high Maternal Mortality Rate of 1,546 per 100,000 live births as compared to the national value of 546 per 100,000 births.
Teenage pregnancy is also high at 32%, a major health concern because of its association with higher morbidity and mortality for both the mother and the child. The crisis with the health system disruption has further aggravated the situation. Only 22% of deliveries are assisted by a skilled birth attendant, exposing women and newborns to increased risk of death and complications.
While the statistics are currently indeterminable for flood-ravaged parts of Mokwa, humanitarian needs remain critical and inaccessible to women and children, among other vulnerable segments of the displaced residents, despite interventions.
In addition to population displacement, there are pressing public health concerns, as many women struggle to live in overcrowded and unsanitary IDP camps, without access to clean water, toilets, bathrooms, and emergency healthcare. Many women hitherto reliant on their missing or now incapacitated husbands and children suffer social exclusion and discrimination that limits them from education, employment and other social benefits.
The flood and displacement have also aggravated food insecurity among unemployed female segments of the displaced population. Prices of food staples, sanitary towels, and other essential provisions have increased due to hoarding and inflation.
The way forward
The International Federation of Women Lawyers (FIDA) has noted the need to prioritize the safety, well-being of women and children now exposed to heightened risks of exploitation, abuse, and deep psychological trauma in response to the crisis for victims of Mokwa flood in Niger state.
The Country Vice President, FIDA Nigeria, Eliana Matins and Chineze Obianyo, National Publicity Secretary, in a statement expressed deep condolences to the people of Mokwa, while commending the interventions of the Niger State Government, NEMA, and various humanitarian actors.
FIDA, however, noted that the crisis demands a more coordinated, compassionate, and gender-sensitive response as the impact on women and children is particularly alarming. “As the most vulnerable group in times of crisis, many women and children are now exposed to heightened risks of exploitation, abuse, and deep psychological trauma. Their safety, dignity, and well-being must be urgently prioritised”.
Against this background, the group called on the government, civil society, development partners, and well-meaning Nigerians to prioritise the protection and needs of women and children in all response and recovery efforts.
They also advocated for better legal aid and psychosocial support to survivors, particularly those who may be dealing with trauma, abuse, or displacement.
An independent assessment by UN Women established that Gender-based violence (GBV) cases are on the rise, exacerbated by unsafe shelter conditions, lack of privacy, and inadequate protection systems. To this end, there is a need for the restoration of water and sanitation hygiene (WASH), drainage facilities and other basic services, and investment in community-centred recovery, according to another joint assessment by the International Federation of the Red Cross and Red Crescent Societies (IFRC) and the Nigerian Red Cross Society (NRCS).
On its part, the National Human Rights Commission (NHRC) has called for enhanced disaster preparedness to reduce the impact of floods caused and ensure adequate protection for victims, who add to the population of Internally Displaced Persons (IDPs) in the country.
The call, NHRC’s Executive Secretary, Tony Ojukwu (SAN) said, became imperative given the recent flood disaster in Mokwa, Niger State, which resulted in the death of over 200 people, many remain missing and others displaced. Speaking at the NHRC’s monthly Human Rights Situation Dashboard held in Abuja, Ojukwu announced the launch of a new quarterly Human Rights and Internal Displacement Dashboard, the first of its kind in Nigeria’s history, in response to the growing displacement crisis.
He said the initiative, developed in partnership with the United Nations High Commission for Refugees (UNHCR), will systematically track and address the challenges facing IDPs, asylum seekers, refugees, and returnees.
According to him, the NHRC recorded over 40,000 displacement incidents and 1,460 rights complaints from vulnerable groups between February and April this year, adding that many continue to suffer from inadequate shelter, lack of healthcare, and systematic rights violations.
The NHRC’s call resonates against the backdrop of rising humanitarian and rights crises in the country. In the month of May alone, the Commission recorded over 275,256 complaints.
This overwhelming number of complaints was a clear indicator that “too many Nigerians feel unprotected” and that the country risks normalising distress and impunity, said Ojukwu.
“When over a quarter of a million people come to the National Human Rights Commission in just one month, the message is loud and clear,” he said, adding that the wide range of rights violations witnessed in May included violent attacks, sexual violence, and mass deaths from natural disaster.
Beyond grief…
There is no gainsaying the flood disaster triggered on Thursday, May 29, 2025, by torrential rainfall that began the previous night, overwhelmed the inadequate and poorly maintained drainage infrastructure of Tiffin Maza and other parts of Mokwa. The downpour, which lasted several hours over two days, caused bordering rivers and smaller tributaries to overflow their banks. Water surged into low-lying communities, especially Tiffin Maza, Unguwan Gwari, and surrounding settlements, where homes were built close to natural waterways without flood defences, and left a town of thousands clinging to debris, physical and emotional.
The impact on women and children is particularly devastating.
Abubakar Sabo Muhammad, head boy of the almajiri school, Madarasatul Tarbiyyatul Islamiyya, owned by Malam Hassan Umar and located in Tiffin Maza, recalling the moment when the flood surged into their school and the adjacent mosque in which they slept, said he does not ever wish to experience such calamity again.
According to the native of Darangi-Rijau, in Kebbi State, he was sharing the Holy Quran to fellow almajiri students after the morning prayers. “One of them asked me for permission to go to the toilet and returned immediately, visibly scared and shaken. He told us that a massive flood was approaching us. As each student went outside to look at the flood, they would come back looking very scared and hide behind me.
“As the water rose around us, I instructed the boys to move to the inner part of the house. When it became heavy, we climbed over the perimeter fence of the house which served as our study centre.
My 12-year-old cousin, Muhammadu, clung to one of the windows of the mosque. Another student, whose name I can’t recall, climbed a tree near the school to survive but was swept away when the flood uprooted the tree.”
Among the residents of Tiffin Maza who were carried away by the flood was Malam Umar, whose family consisted of about 20 people. Only four of them survived: his wife, two small children, and another boy who spent the night in a shop in front of his residence.
In some way, this narrative highlights the catastrophic impact of the flood triggered on Thursday, May 29. It also offers an intimate account of the public devastation and private miseries endured by survivors of the deadly deluge. Consider, for instance, the sad case of the two Saratus.
Saratu Mai Karfa got trapped in Mokwa while trying to attend a wedding that would never hold, as the flood killed the prospective bride. It also killed Mai Karfa’s youngest and eldest sons. This was just at the cusp of her own daughter’s wedding. The flood carried away her daughter’s bridal garments and the groom’s offerings.
Her husband, who lives in Lagos, received the news over a phone call, struggling to make sense of his losses, as his wife and daughter wailed into the mouthpiece.
Thus, the wedding became a wake, and Mai Karfa “cannot count what has been lost.”
Saratu Husseini, on her part, lost three sons to the flood. It’s one month after, and the 44-year-old is grappling with serious heartbreak. “When my husband died, my sons were there to console me. Now that they are dead, I have no one to console me.”
Hardly anyone commiserates with her, perhaps because folk are learning to deal with their own losses.
“Every family in Mokwa has been impacted by the flood in different ways,” said an NSEMA official. Indeed, each individual and each family suffered losses private to them.
Consequently, Saratu is learning to deal with her pain alone. Many of her friends had simply vanished or perished in the flood. Those still around are too bogged down by personal struggles to care about her. And those who dare look her way, scorn her ordeal even as they talk eyes to her grief.
Saratu bears it all. With equanimity and total surrender. Perhaps because it’s all she can afford. The quiet resignation of a woman who had seen her world end three times in 30 minutes.
The drop in May’s inflation rate to 22.97 per cent brings significant relief—boosting families’ purchasing power and reducing operational costs for businesses and the real sector. This decline reflects effective policy implementation by the Central Bank of Nigeria (CBN) and improved coordination between monetary and fiscal authorities. The Purchasing Managers Index (PMI) also indicates that Nigeria’s private sector remained in growth territory as the first half of 2025 closed, with business confidence rising sharply in June. For many Nigerians, the figures tell a positive story—one that signals progress toward broader macroeconomic stability, reports Assistant Editor COLLINS NWEZE
Inflation is one of the most commonly discussed economic concepts, yet it is often misunderstood. While different schools of thought offer varying perspectives, economists generally agree that inflation refers to a sustained increase in the overall prices of goods and services. It is typically measured using indicators such as the Consumer Price Index (CPI) or the implicit price deflator for Gross National Product (GNP).
In simple terms, inflation occurs when “too much money chases too few goods,” leading to a decline in the purchasing power of money. As inflation rises, the value of the naira diminishes, meaning the same amount of money buys fewer goods and services over time. In Nigeria, a significant development occurred in May 2025 when the inflation rate dropped to 22.97% year-on-year. This indicates that, on average, prices increased by 22.97% between May 2024 and May 2025. For instance, if a bag of onions cost N100,000 in May 2024, a 22.97% inflation rate means it would cost approximately N122,970 in May 2025. A reduction in inflation signals that prices are rising at a slower pace—not necessarily that prices are falling.
One key driver behind this moderation is the balance between supply and demand. When supply outpaces demand, consumers are less willing to pay higher prices, helping to dampen inflationary pressure. Supporting this trend, Nigeria’s Purchasing Managers’ Index (PMI) revealed that private sector activity remained in growth territory as of June 2025. Business confidence improved, though the pace of growth in output, new orders, and purchases slowed from the previous month. Encouragingly, firms reported that input cost pressures eased, and output price increases were the slowest recorded in over two years—offering further hope for inflation control.
The headline Purchasing Managers’ Index™ (PMI®) stayed above the 50.0 benchmark for the seventh straight month in June, indicating continued improvement in private sector business conditions. However, the index fell to 51.6 from 52.7 in May, marking the slowest growth in the current expansion streak. A reading above 50.0 signals economic improvement, while below 50.0 indicates deterioration. The drop in inflation to 22.97% is expected to ease cost pressures, offering relief to many manufacturers through reduced production costs and potentially boosting overall economic activity in the coming months.
The Head of Equity Research West Africa at Stanbic IBTC Bank, Muyiwa Oni, commented: “Business conditions remain in the expansionary territory for the seventh consecutive month in June, but the pace of expansion slowed for the third consecutive month after peaking in March. Specifically, the headline PMI settled lower at 51.6 points in June from 52.7 points in May – below this year’s average PMI print of 53.1 points.
“Some firms noted muted demand conditions in June, while others witnessed higher activity linked to securing new customers and greater new orders. Nonetheless, Optimism in the 12-month outlook for output surged higher to 83.9 points in June from 70.9 in May – the highest level since August 2022 (85.8 points) and moving much closer to the series average (89.4 points) after a period of historically subdued expectations. Survey participants linked this confidence to hopes that sufficient funding would be available to invest in improving and expanding operations,” he said.
Output price inflation slowed for the second consecutive month in June, reaching its weakest level since May 2023. Despite this, selling prices still rose sharply as businesses continued to pass higher input costs to consumers. Typically, when the supply of money decreases without a corresponding drop in output, prices tend to fall. Lagos-based economist Michael Nwadike attributed recent improvements to the positive impact of Nigeria’s GDP rebasing, a modest slowdown in food prices, and a seven per cent decline in petrol costs. “For many Nigerians, the numbers tell a good story and should signal exchange rate and price stability,” he noted.
Analysts agree that price stability is essential for sustainable economic growth. Around the world, central banks focus heavily on inflation management, dedicating substantial resources to maintain stability. For the Central Bank of Nigeria (CBN), the current environment demands steadfast efforts to stabilise prices and the exchange rate.
To that end, the apex bank has adopted inflation-targeting measures, including raising the Monetary Policy Rate (MPR) by 875 basis points to 27.5 per cent in 2024. This decisive move aims to curb inflation and reinforce macroeconomic stability. With easing cost pressures and declining inflation, manufacturers and consumers alike may soon experience relief. Continued policy vigilance from the CBN will be crucial in sustaining this trajectory and fostering an environment where inflation is controlled, the currency is stable, and the economy can grow with renewed confidence.
In its quest to tame inflation, the Central Bank of Nigeria (CBN) recently convened the 2025 Monetary Policy Forum, bringing together fiscal authorities, legislators, private sector leaders, development partners, subject-matter experts, and academics. Themed “Managing the Disinflation Process,” the forum aimed to deepen monetary policy understanding, foster dialogue, and build stronger alignment around strategies driving economic stability.
The CBN Governor Olayemi Cardoso emphasised that the apex bank is focused on sustaining price stability, implementing a transition to an inflation-targeting regime, and crafting strategies to restore purchasing power and reduce economic hardship. He reaffirmed the bank’s disciplined approach to monetary management, noting its positive impact on the economy. “These actions have yielded measurable progress: relative stability in the FX market, narrowing exchange rate disparities, and a rise in external reserves to over $40 billion as of December 2024,” Cardoso stated.
He stressed that the CBN’s monetary policy must remain forward-looking, adaptive, and resilient in the face of evolving global and domestic shocks. Importantly, he called for enhanced coordination between monetary and fiscal authorities to effectively manage disinflation and rebuild investor confidence. “Managing disinflation amidst persistent shocks requires not only robust policies but also coordination to anchor expectations and maintain investor trust,” he said.
Additionally, the CBN has also been controlling the growth of money supply to achieve price stability. Expectedly, Nigeria’s annual inflation rate eased to 22.97 per cent in May from 23.71 per cent in April 2025, the National Bureau of Statistics (NBS) said. The statistics office said the May 2025 headline inflation rate decreased 0.74 per cent compared to the April 2025 headline inflation rate.
On a year-on-year basis, the NBS said the headline inflation rate was 10.98 per cent lower than the rate recorded in May 2024 (33.95 per cent). This, it said, shows that the Headline inflation rate (year-on-year basis) decreased in May 2025 compared to the same month in the preceding year. The NBS said on a month-on-month basis, the headline inflation rate in May 2025 was 1.53 per cent, which was 0.33 per cent lower than the rate recorded in April 2025 (1.86 per cent). “This means that in May 2025, the rate of increase in the average price level is lower than the rate of increase in the average price level in April 2025,” it said.
According to the report, food inflation rate in May 2025 was 21.14 per cent on a year-on-year basis. This, it said, was 19.52 per cent points lower compared to the rate recorded in May 2024 (40.66 per cent). Nigeria has experienced a sharp increase in food prices in recent years. This trend worsened in 2023 following President Bola Tinubu’s removal of petrol subsidies and adoption of a floating exchange rate for the naira.
This shift has led to a steep increase in the cost of staple food, pushing many Nigerians further into poverty and heightening food insecurity. The persistent price surge over the past year has led to several farms and businesses closing, with many agricultural producers scaling back their output due to insecurity and unpredictable weather conditions affecting rural areas. The World Bank also recently gave a positive verdict on Nigeria’s economic growth trajectory, highlighting three-year unbroken growth for the country.
In the bank’s Global Economic Prospects for June, the bank posited that Nigeria will have three-year unbroken growth records- growing at 3.6 per cent in 2025, 3.7 per cent in 2026 and 3.8 per cent in 2027. The World Bank however, slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies.
Inflation dip comes with benefits
The Comercio Partners, in its 2025 macroeconomic outlook, highlighted that the rebasing of Nigeria’s Consumer Price Index (CPI) to 2024 would also create statistical effects that could lower inflation figures. From the stabilisation of exchange rates, the normalisation of energy prices following the subsidy removal to improved liquidity in the forex market, the economy has what it takes to achieve price stability within the year.
The Comercio Partners reports emphasised the importance of local refining capacity expansion, particularly with the launch of the Dangote Refinery. This development is expected to reduce the impact of exchange rate fluctuations on energy prices. By relying more on domestically refined petroleum, Nigeria is likely to see a reduction in energy price volatility. This, combined with a more stable exchange rate, is expected to lower production and transportation costs, creating a positive ripple effect throughout the broader economy.
According to Ifeanyi Ubah, head of investment research and global macro strategist, “We expect headline inflation to decrease to around 15 percent in the first half of 2025, indicating a gradual return to economic stability.” An economist, and CEO, Financial Derivatives Company Limited, Bismarck Rewane said a stronger oil sector could mean more stable fuel prices and a boost in government revenue. The Economic Intelligence Unit (EIU) projects a four per cent rebound in retail sales in 2025, with consumer spending expected to recover modestly to $127 billion. There was also significant input by the monetary authorities in bringing inflation down.
Director of Trading at Verto, Charlie Bird, said a number of factors, including rising crude oil prices portend positive signal for the economy. He said oil price stability or appreciation, strong dollar liquidity in NAFEM alongside a tight spread to parallel market, stable or increasing foreign reserve data and any form of FX appreciation with low volatility portend positive signals for the economy, and will impact positively on inflation data.
Nigeria’s financial sector is undergoing a digital renaissance, driven by collaboration between commercial banks and Fintechs to expand access through digital platforms. The Central Bank of Nigeria’s (CBN) financial inclusion policies are enhancing digital payments and bringing services closer to the people. Analysts note that the apex bank is not only strengthening digital infrastructure and closing regulatory gaps but also promoting financial literacy and building an inclusive system that fosters business and financial services growth, writes Assistant Editor COLLINS NWEZE
Across the world, financial inclusion is being acknowledged among policymakers, researchers and development-oriented agencies as a key element in business and economic growth. Its importance derives from the promise it holds as a tool for economic development, particularly in the areas of poverty reduction, employment generation, wealth creation and improving welfare and general standard of living.
At the heart of financial inclusion is the deployment and use of technology to reach the banked, unbanked, and underbanked. Interestingly, the Nigerian payments ecosystem has been ahead of many advanced economies yet has not always received the recognition it deserves. Many innovations that other countries are only now experiencing have been part of Nigeria’s system for years.
According to the Central Bank of Nigeria (CBN), there is need to celebrate these successes, as they contribute to building our global reputation. For instance, Nigeria’s dynamic fintech ecosystem has driven financial inclusion and positioned the country as a hub of innovation in Africa. Despite a challenging external environment, Nigerian fintechs continue to shine, attracting significant foreign investment and several have achieved global unicorn status this year. Their innovations, alongside other financial service providers, have fuelled growth in transactions and made financial services more affordable and accessible for many more Nigerians.
CBN Governor, Olayemi Cardoso, said Nigeria must continue to leverage this channel to enhance access to finance and credit, particularly for under-served populations. However, he urged fintech companies and banks to ensure their platforms are not exploited for fraudulent activities. “Strengthening the Know Your Customer (KYC) onboarding process is essential to prevent malicious actors from exploiting the financial system. Additionally, these institutions must prioritise improving transaction monitoring and bolstering consumer protection measures to ensure that digital channels remain safe, especially for the most vulnerable segments of our population,” he said during his address to bankers in Lagos.
E-payment milestones in Nigeria
Electronic payment transactions in Nigeria rose to $702.6 billion (N1.07 quadrillion) in 12 months ended December 31, 2024, report from the Nigeria Interbank Settlement System (NIBSS) has shown. The e-payment data reached an all-time high and the first time to hit the quadrillion mark. According to NIBSS industry statistics on e-payment report, the value recorded on the NIBSS Instant Payment (NIP) represents a 79.6% increase over the N600 trillion ($400.5 million) recorded in 2023.
Although the e-payment data shows a steady increase throughout the 12 months of the year, the highest value was achieved in December 2024 because of the high level of business transactions within the month. Being a festive period with lots of spending activities, Nigerians spent a total of N115.1 trillion ($76.7 billion) over electronic channels in December 2024. This came as the all-time high monthly record on the NIBSS electronic payment platform. Also, the volume of transactions processed by NIBSS for the year also jumped from 9.7 billion in 2023 to 11.2 billion in 2024. This represents a 15.5 per cent rise in the volume of electronic transactions year on year.
Stakeholders insist that the surge in e-payment transactions can be linked to the recent cash crunch experience and the cashless policy of the Central Bank of Nigeria limiting the amount of cash that can be withdrawn daily. The e-payment transactions are usually carried out through cheques, Automated Teller Machines (ATMs), Point of Sale (PoS), m-Cash, CentralPay, Remita, Nigeria Interbank Instant Payment (NIBSS) Instant Payment (NIP), mobile money, among other channels. The e-payment powers were conferred on the CBN by Sections 2 (d) and 47 (2) of the CBN Act, 2007, to promote and facilitate the development of efficient and effective systems for the settlement of transactions, including the development of electronic payment systems.
While pushing for the full use of the e-payment system, the CBN said for Nigeria to actively play at the world stage, “our payment system must be successfully benchmarked against the global best practices, as in most developed nations of the world.” It said e-payment provides safe and efficient mechanisms for making and receiving payments with minimum risks to the CBN, payment service providers and end-users. To make the e-payment vision a success, the CBN, in collaboration with key stakeholders in the payments community, developed the National Payments Systems Vision 2020 (NPSV 2020). The NPSV 2020 is a sub-set of the Financial Systems Strategy 2020 (FSS 2020).
In his keynote address titled: “Nigeria’s economic hardship and pathways to recovery,” Group Chief Economist & Managing Director, Research and Trade Intelligence, Afreximbank, Dr. Yemi Kale, said Nigeria has made significant progress in the e-payment space. Mobile money transactions have surpassed N8 trillion, while digital lenders are reaching new borrower segments. “To fully leverage this sector, we must strengthen digital infrastructure, close regulatory gaps, and promote financial education. The financial system can and should be a catalyst for inclusive growth—not just a channel for elite capital,” he said.
How it started
A survey conducted in Nigeria in 2008 by a development finance organisation, the Enhancing Financial Innovation and Access revealed that about 53 per cent of adults were excluded from financial services. The global pursuit of financial inclusion as a vehicle for economic development had a positive effect in Nigeria as the exclusion rate reduced from 53 per cent in 2008 to 46.3 per cent in 2010. Encouraged by the positive development, the Central Bank of Nigeria, in collaboration with stakeholders, launched the National Financial Inclusion Strategy on 23rd October 2012 aimed at further reducing the exclusion rate to 20 per cent by 2020.
Specifically, adult Nigerians with access to payment services is to increase from 21.6 per cent in 2010 to 70 per cent in 2020, while those with access to savings should increase from 24 per cent to 60 per cent; and access to credit from two per cent to 40 per cent, access to insurance from one per cent to 40 per cent and pensions from five per cent to 40 per cent, within the same period. The channels for delivering the above financial services were equally targeted to improve, with deposit money bank branches targeted to increase from 6.8 units per 100,000 adults in 2010 to 7.6 units per 100,000 adults in 2020, microfinance bank branches to increase from 2.9 units to 5.5 units; ATMs from 11.8 units to 203.6 units, POS from 13.3 units to 850 units, Mobile agents from 0 to 62 units, all per 100,000 adults between 2010 and 2020.
The targets were based on a benchmarking exercise carried out with peer countries, while also taking into consideration critical growth factors in the Nigerian environment. Also, the Enhancing Financial Innovation and Access (EFInA) says an inclusive financial sector is characterised by the diversity of financial services providers, the level of competition between them, and the legal and regulatory environments that ensure the integrity of the financial sector and access to financial services for all.
Also, evidence worldwide shows that access to financial services contributes both to economic growth and wealth creation and is therefore key to tackling the ‘poverty’ trap in Nigeria. “It is critical for regulators and policy makers to create an enabling policy environment to actively promote both the demand for and the supply of financial services to the unbanked and under-banked,” it said.
The impact of having more people save their funds in banks or other financial services or have more access to credit on the population and businesses especially at the informal sector cannot be over-emphasised. For instance, Nigeria’s informal sector is a sleeping giant. The potential of the sector, estimated at $240 billion, is largely untapped. The billions of naira that circulate through the informal sector has a negative impact on the country’s economic growth and development.
Other moves to boost financial inclusion
Recognising the inherent benefits of expanding financial services network, especially to Nigerians in diaspora, the Central Bank of Nigeria under the leadership of Cardoso recently launched the Non-Resident Biometric Verification Number (NRBVN) platform in Abuja. During his presentation at the programme launch in Abuja, Cardoso explained that historically, Nigerians in the diaspora have faced significant hurdles when seeking access to financial services such as payments, savings, loans, insurance, and pension products in Nigeria.
The mandatory physical verification required for obtaining a BVN often incurred considerable costs in terms of time and financial resources, especially for individuals residing in remote locations. The NRBVN platform addresses these very concerns. Through digital verification and robust Know Your Customer (KYC) processes, Nigerians across the globe can now remotely obtain their BVN swiftly and securely. This single digital gateway will enable seamless access to banking services, including opening accounts and securely sending funds, dramatically enhancing convenience and reducing costs.
“In developing this solution, we draw valuable lessons from countries such as India and Pakistan. India’s Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts have significantly simplified banking processes for its diaspora, and Indian banks currently hold approximately $160 billion in diaspora deposits, achieved by providing attractive and tailored products and services,” he said.
According to the CBN boss, in developing the NRBVN, the team also took cognisance of Pakistan’s innovative Roshan Digital Account, offering fully online onboarding and investment opportunities and successfully attracting nearly $10 billion since its inception. These examples, Cardoso explained underscore the power of digital financial inclusion and specifically tailored products in driving meaningful engagement and substantial economic inflows from diaspora populations.
“Our NRBVN platform is similarly designed to offer more than access, it is about opportunity. It is complemented by the Non-Resident Ordinary Account (NROA) and Non-Resident Investment Account (NRNIA) initiatives, collectively forming a robust framework designed to incentivize our global diaspora to channel their funds through formal financial systems into productive uses at home.
“By providing investment accounts, diasporans will have access to a variety of growing investment opportunities in our debt and equities markets, as well as products such as mortgages, insurance, and pensions. Importantly, diasporans will also have the flexibility to fully repatriate the proceeds of their investments in accordance with existing regulations, ensuring confidence and convenience in managing their assets,” he said.
Cardoso advised Nigerian banks to proactively develop and offer products specifically tailored to meet the unique needs and preferences of the diaspora community. He said that offering innovative and attractive financial solutions can greatly enhance diaspora participation, deepen financial inclusion, and significantly boost remittance inflows. “Over the past year, our policy frameworks have undergone extensive refinements, informed by sustained dialogue with International Money Transfer Operators (IMTOs). The introduction of the willing buyer, willing seller regime, licensing of additional IMTOs, and market reforms that have facilitated currency convergence are notable examples. Consequently, remittance flows through official channels have risen markedly, from $3.3 billion in 2023 to $4.73 billion last year,” he said.
• As floodwaters rose on May 28, about 870 almajiri boys got swept into its maw
• Neighbours allege hundreds died in storm as cleric claims ‘just 48’ missing, 241 alive
• The nation mourns Niger’s loss but not the boys it buried
• I saw children, small children, drown – Teen survivor
Tiffin Maza pulses in a mournful rhythm. That shattered expanse in the heart of Mokwa, Niger State, implores the passing tribute of a sigh. Between the dirt paws of the township, a persistent draft of misery stretches its slack, indifferent limbs and leapfrogs through the ruins, as if to reenact the tragedy of Wednesday, May 28.
On that day, a deadly flood tore through Tifffin Maza, until it got to the Madarasatul Tarbiyyatul Islamiyya, a Quranic school hosting about 870 almajiri boys and the mosque opposite it.
The river did not knock. It found the boys sleeping, their bodies curled like commas in the sentence of dawn. It peeled them from the floor like ripened fruit and flung them into its mouth. AbdulMalik, 15, from Sokoto, screamed his mother’s name until the flood washed it from his tongue. Abba, also 15, from Sokoto, thrashed in the dark until his frail limbs stilled. Lawwali, 16, from Niger, equally got swept away, vanishing beneath the serpentine tide. Salamanu, 18, from Niger, had barely opened his eyes when the water closed its mouth around him. Muhammadu, 20, from Niger, equally drowned. The harder he fought, the deeper he sank. The sixth boy, unnamed, was found with a body battered beyond identity, yet no less mourned.
The flood did not care that they were almajirai, mostly underage boys learning prayer and survival. They screamed for help, but no helper came. The water devoured them slowly, stifling their wails and sweeping them along in its tide.
On May 28, 2025, floods spurred by hours of relentless rain ravaged Mokwa, a town tethered to the belly of the Niger River. By dawn, the market town lay submerged. Officials later confirmed at least 206 people dead and over 1,000 missing, and more than 400 homes destroyed. Some 121 were injured. A disaster among many in a country fast becoming familiar with watery graves. In 2024, flooding across Nigeria killed over 1,200 people. This year, Mokwa became the weeping eye of a nation’s swelling crisis.
Deathflow at dawn
Fourteen-year-old Saminu Abdullahi saw it all. He remembers the moment before the flood, like a wound. Speaking to The Nation, he recalled how the first gush of water slithered into the mosque. “We were sleeping in the mosque, opposite our school. Suddenly, there was water everywhere, and it was rising fast. Through the pandemonium, we all tried to escape. Some of us were able to run to the hilly side of the affected area, but others, like me, panicked and didn’t know where we were going. I saw houses being swept away by the water, roofs floating on the river. I saw children, small children, drown. It was a sight that will haunt me forever,” said Abdullahi. Somehow, through it all, his legs carried him to safety. How? He cannot say. “I just ran. I kept running. I thought I would drown if I stopped.”
When he stopped, he found himself in a strange place, ringed by strangers. “They said I was crying. They held me. I didn’t even know I had survived.”
The 14-year-old cannot recall how many of us were in the mosque. “I don’t know the exact number, but we were many. After our Quranic recitation each night, we’d find a spot in the masjid or some open space or room to sleep.”
The teenager, while bemoaning the loss of his friends and fellow almajirai, revealed that he was brought to Tiffin Maza five years ago, and apprenticed to Mallam Hassan Alhaji Umar, the proprietor of the Madarasatul Tarbiyyatul Islamiyya, where he schooled. “My parents brought me to Tiffin Maza,” he said, blinking into the distance. He doesn’t remember when he last saw them or if they know that he is still alive.
According to neighbours, more than 120 almajirai were washed away by the flood. They recalled the almajirai’s cries; how it split the morning. “We heard the children screaming,” said Aliyu Maza, a trader whose house stood three blocks away. “Their cries got louder as the water rose. Then, we heard nothing again. Nothing. The water drowned them all.”
Another resident whose house borders the Quranic school claimed that some of the boys probably got swept away by the flood because their movement was impeded by shackles placed on their feet. “Some of them were chained,” he said.
However, the proprietor of the school, Mallam Umar, disagreed.
The 58-year-old native of Sokoto, who was born in Mokwa, dismissed such claims, stating that none of it was true. According to him, just 48 students are missing, of which six have been confirmed dead. He said, those spreading such rumours should fear God. “We come from Allah and to Him, we shall return,” he said.
“Before the flood, I had 870 Almajiri students, but unfortunately, many were displaced. Only four have returned so far, and we’ve received word that six more will be coming back,” disclosed Umar, adding that it is quite challenging to determine the exact number of students who were killed or survived the flood.
Findings revealed that when the incident occurred, some parents evacuated their children without Umar’s knowledge, thus making it difficult to account for all the students.
He said, “I have been compiling a list of those who are confirmed alive, and as of yesterday, I have 241 names. Initially, the number was around 100, but more students have been returning. I’ve also been informed that more students are returning. As more students return, we will be able to determine the accurate numbers better once everyone is accounted for.”
Umar stated that he has received helpful assistance from the Sarkin Hausawa of Ibbi town, who contacted him and facilitated the return of two of his students. “They had been trying to trek to their families in Sokoto due to a lack of funds, but fortunately, they were stopped and brought back to safety. The trauma of the flood likely led them to make such a decision,” he said.
The Malam denied ever chaining or beating his almajiri students, though he admitted to occasionally threatening to use chains to deter theft. He claimed to have returned over 1,000 mobile phones found by the boys, who are taught to hand over lost items so the rightful owners can reclaim them. Hosting students from across Niger, Sokoto, Kebbi, and beyond, he stressed his focus on both Quranic memorisation and moral upbringing. “If a child becomes difficult,” he said, “I ask the parents to take them home until they are reformed.” He ended with a solemn oath, declaring his conscience clear before God.
Umar disclosed that the May 28 flood was unprecedented. “I grew up in this area and I can remember that the water would flow from the other side of the railway track opposite our community without causing any issue,” he said. “However, this time, the water accumulated behind the railway track, overflowed, and caused significant damage.”
Mokwa, with its estimated 416,600 population, sits like a throat between rivers and trade routes. Traders come from the south to purchase agricultural produce from the north. But on May 28, commercial activities came to an abrupt halt as the Niger River, once a source of life, became a harbinger of death.
The Mokwa bridge—an artery of connection—collapsed in the flood, severing the town from rescue and government interventions. Vehicles were washed away, including a tanker truck. Whole families vanished as several homes crumbled and floated away in the tide, like driftwood.
The Tiffin Maza and Auguwan Hausawa districts were hardest hit as residents were swept into the river and borne away as if they never existed. An excavator was brought in to dismember a mangled debris pile to recover human remains stuck beneath it. Beneath the bridge alone, 153 bodies were recovered by June 1. The local authorities subsequently halted rescue efforts, claiming that “There is no one left to find.”
This was, however, not the first flood. On April 16, weeks before the Mokwa tragedy, the Jebba Hydroelectric dam had released water, flooding the town and killing 13 people. Three of them died in a canoe that capsized. Paddy fields were drowned under water, and over 10,000 hectares were lost, causing dry-season farmers indescribable pain. Mokwa had barely recovered before the rains returned.
As reactions trail devastation caused by the flood, the Federal Government has refuted claims that the recent deluge was caused by water released from Kainji or Jebba dams, affirming both dams remain intact and operational. Minister of Water Resources, Prof. Joseph Utsev, attributed the disaster to torrential rainfall, climate change, and blocked waterways due to poor urban planning.
Why do almajiri boys drown easily?
Notwithstanding, the flood did not discriminate in its fury. Although it did not seek out the almajirai, they were the easiest to drown. Dispersed across the urban belly of the north, tens of thousands of almajiri boys live in abject circumstances. Their schooling, a threadbare form of Islamic tutelage, is often underpinned by struggle and denial. Their homes are makeshift dormitories; sometimes mosques with no walls, unplastered buildings, underneath market stalls, verandas, and the underbellies of township bridges. They do not live within society. They hover beneath it, often one step removed from the shelter of legality and care.
So when the rains came, the boys enjoyed no high ground. No radio to warn them, nor a parent to call their name in the dark. And so, they drowned. “Many of them were already sleeping on the floor when the water began to enter,” said a volunteer who helped identify some of the drowned boys. “They didn’t have the instinct or training to escape.”
Their tragic end was inescapable because their lives were perhaps smaller than others’ lives. Less visible. Less mourned. The disaster that struck Tiffin Maza and the rest of Mokwa was hydrological; the consequences that followed was societal.
Why almajiranci thrives
The almajiri system, once a noble vessel of Islamic scholarship, now bleeds at its seams. The system involves sending boys, typically aged 4 to 12, to distant locations for religious study under nomadic scholars. For families who are unable to afford formal schooling of their wards, this system seems a lifeline. However, the idyllic vision of pious learning often shatters as these children, instead of being sheltered by their supposed guardians, find themselves thrust into the streets, begging for survival.
More worrisome is their exposure and vulnerability to danger in times of environmental disasters, like the May 28 flooding of Mokwa.
Poverty is a major cause of almajiranci. Associate Professor and Dean of the Faculty of Law, Ahmadu Bello University, Zaria, Kaduna, Salim Bashir Magashi, argued that, traditionally, African societies cherished large families, considering children assets. The progress of an agrarian family, for instance, depended on its size. A large family seldom required paid labour to work on its farmland. As a duty, every member of the family participated in farm labour and even helped other members of the community as a neighbourly gesture, which is reciprocated.
For this reason, men married as many wives as was permissible. However, the society became capitalist and individualistic, owing to cultural imperialism by Western civilisation and its attendant traits, the use of money as a medium to get goods and services affected the erstwhile communal and egalitarian societies fostered by traditional African families.
The size of the family, over time, became a burden to family heads, who must provide the necessaries of life to the entire household. Hence, parents sent their children or wards away to seek knowledge, thus reducing their familial responsibilities.
Many Almajirai emerged from this family divide. On the other hand, children from affluent families rarely left the comfort of their homes for such a purpose; whenever they did, the families made proper arrangements for the children’s welfare, said Magashi.
There is also a lack of political will by the northern elite to address the issue because they fear it might result in a loss of political advantage during national elections.
What Islam prescribes
Islam prescribes that the primary legal and moral duty of parents is to take care of the welfare of their children, to provide them with food, shelter, security, health, and education. Parents are also instructed to instil morals into their wards, to the best of their abilities.
Thus, memorising the Qur’an, which is largely what an almajiri does, is a desirable (mustahab) act. It is not compulsory for every Muslim, though it is encouraged, but because of bandwagon following (and of course poverty), most parents would rather trade their compulsory duty (wajib) for a desirable one (mustahab).
The Hausa word almajiri was derived from the Arabic term almuhajir, meaning ‘a migrant.’ In a Nigerian context, it could mean a boarding student of Islamic studies; a student learning the science and truth of the Qur’an, as revealed by Almighty Allah, while committing the text to memory.
In Hausa, almajiri means ‘child-student’; almajirai is its plural, and almajiranci is the process or practice of learning, travelling, and all things that come with travel.
The school itself is called makarantar alio or tsangaya in Hausa. Historically, it was rooted in Muslims’ religious obligations to learn the Qur’an and acquire knowledge for this world and the hereafter.
Types of almajiri
According to Jimoh Amzat a Professor of Medical Sociology and Social Problems at the Department of Sociology, Usmanu Danfodiyo University, Sokoto, it is pertinent to distinguish three sets of almajirai. The first set of almajirai is sent to the urban centre to live with an Islamic scholar (Mallam) permanently until the completion of their Islamic education. Those almajirai are generally given in trust to a resident mallam but they have to fend for themselves and may not return until they graduate. Another category may return to their parents during the rainy season for farming activities. The last category migrates from rural areas with their Islamic scholars during the dry season to the urban centres to return to rural areas for learning and farming in the rainy season. However, the majority of them now live on the streets and attend lessons according to their whims.
Past attempts at reform
Several attempts have been made to modernise the system, ranging from personal efforts to government intervention. For instance, Sunni (Izala) Muslims, who view the practice—the method, not the teaching—as anti-Islamic (bid’a) for dehumanising the child, established Islamiyya schools, which teach both conventional Western education and Islamic education simultaneously. However, these schools are elitist in character, commonly situated in urban areas, and rarely appeal to rural dwellers.
Again, Islamiyya schools, unlike the almajiri (or tsangaya) or makarantar allo are organised as conventional schools and are mostly day schools. The pupils continue to enjoy the comfort of their daily lives from their homes, as against the almajiri system, which is mainly a boarding and nomadic setup.
The first attempt to reform the system was made in 1959, when the Kano Native Authority warned parents against abandoning their children in the name of Islamic education and the teachers were directed to refuse any almajiri. This was unsuccessful.
In 1985, the military government enacted an edict to control Quranic schools. The thrust of the law was to regulate these schools and the movements of the teachers and students to certain urban centres – however, like the previous measure, the law was ineffective, in part, because most of the teachers and the students were unaware of its existence. The law generated criticism as many considered Western standards weak and doomed to fail, because they fostered “individualism, careerism, and materialism.”
Between 2003 and 2011, the Kano State government tried unsuccessfully to improve the system by providing free food to the students and giving the mallams monthly salaries and cattle for farming. Also, the federal government, under former President Goodluck Jonathan, devised a means to reform the system by integrating the almajiri system with orthodox model schools, but these efforts remain ineffective as the rights of children to education, parental love, care, good health benefits are often bargained away without legal consequences.
Prominent northerners, including the Emir of Kano, Sanusi Lamido Sanusi, have expressed concerns over the menace that has denied so many children in the region their rights to basic education. The former CBN governor said fathers should be arrested for sending out their children to take alms. He argued that fathers who can’t fend for themselves should go out and do the begging themselves instead of sending out their children.
Minna, Niger-based Islamic scholar, Mallam Ishaq Hussein, said, “Everybody accuses us of maltreating the boys but all we do is impart useful knowledge into them. Many parents are too poor to educate and take care of their children. Most times, they beg us to go with them and we do our best to take care of them. But whenever anything bad happens, we are blamed. Allah knows best.”
To sanitise almaijiranci
Good governance is at the heart of the solution. Several measures including firmer enforcement of anti-trafficking laws protective of minors and bio-data tracking have been suggested to curb the menace. Experts urge the National Bureau of Statistics (NBS) to track and provide specific data on almajiri children and their parents. Sourcing accurate data can help to forge a partnership between policy makers and the parents of the almajirai who are far away from their family homes.
While successive governments have been accused of displaying a lacklustre approach to sanitising the almajiri system, Sheikh Ibrahim Adam, an Abuja-based Islamic cleric and scholar, argued that aside from government and other stakeholders including non-governmental organisations, parents must also accept to play their part by having only the number of children they can cater for.
“It is very wrong and irresponsible of parents to have more children than they can care for. Islam forbids this,” he said.
On his part, Professor Magashi argued that destitute almajirai can be saved through the instrumentation of the law. He said, “To save destitute almajirai and to educate and care for them with the dignity and respect they deserve, laws already in place need only be enforced. This, however, must be a firm and focused decision, which may require the use of force and diplomacy, as well as provision of the necessary environment to benefit from a reformed, available, affordable, acceptable, and in some cases compulsory system of education.”
The northern almajirai must, however, stay alive to enjoy the full benefits of such measures. Many of them contend, daily, with dangers lurking in plain sight, like the peking order that empowers Mallams and senior almajirai to bully younger boys in their informal school setting; and the deathly flash flood that devastated Mokwa.
Study proves many almajirai die before age 16
A recent study revealed that, “half of the boys who go into the almajiri system will die in the long run; 17 percent survive, and the remaining 33 percent get lost, of which some will eventually also die. In other words, at least 50 percent of the boys born into this system die.
The study was conducted by a team of researchers across four universities including Funom Theophilus Makama, Department of Politics and International Relations, University of Leicester, United Kingdom (UK); Esther Funom Makama, Department of Business Administration, University of Maiduguri, Maiduguri, Borno State; Peter Maitalata Waziri, Biochemistry Department, Kaduna State University, Kaduna State; and Attahiru Dan-Ali Mustapha, Resident Public Health Doctor Community Medicine Department, Ahmadu Bello University, Zaria, Kaduna State.
The research team noted that at least three of every six boys involved in the almajiri system die prematurely because they “are exposed to harsh conditions and subjected to begging to fend for themselves, leaving them susceptible to violence, hunger, starvation, infections, child predators, and being used as elements of violence. This decreases their chances of surviving till adulthood as a lot die even before they reach age 16.”
The research, which was carried out to determine the survival rate of boys enrolled in the almajiri system was conducted in 137 villages across two northern states, Kano and Kaduna, where the practice is endemic.
The study concluded that for every six boys sent away to participate in the almajiri system of seeking knowledge in northern Nigeria, three die, one stays alive and the other two get lost, their whereabouts unknown. This is at least 50 percent of the child mortality of boys born into the almajiri system of northern Nigeria.
A system that kills three out of every six children and subjects two more to be missing, leaving only one to survive, is not a system to tolerate, no matter its cultural or religious correlation, according to the researchers.
This is a case to be investigated and urgently resolved by all stakeholders including the parents, civil societies, religious and political leaders.
The grim fate of Almajirai
Against the backdrop of the conundrum, the sad fate of dead and forgotten almajirai presents a sour note. Few people would forget in a hurry the sad event of July 7, 2023, when three almajirai were burnt to death in a fire ignited by a burning mosquito repellent coil, killed in Yola, Adamawa State. The trio, comprising Ismaila Muhammadu, 12, Yusuf Abubakar, 13, and Mustapha Ahmadu, 17, resided in the premises of their school at Sabon Pegi, a community in Yola South Local Government Area. The owner of the school, Malam Abubakar Usman, confirmed that the pupils died due to the fire from the mosquito repellent, which engulfed their room.
Equally instructive was the sad fate of the Kebbi eight, who were crushed to death in a burrow pit while digging for clay to mend their hut.
Then there is the sad case of Abdul Malik, 15, from Sokoto, Abba, 15, from Sokoto, Lawwali, 16, from Niger, Salamanu, 18, from Niger, and Muhammadu, 20, from Niger – students of the Madarasatul Tarbiyyatul Islamiyya, in Tiffin Maza, Mokwa LGA and all casualties of the May 28 flood disaster.
In the wake of their demise alongside several others, the State Governor, Mohammed Umar Bago, has expressed regret over the tragedy, promising to resettle those affected and implement measures to prevent future flooding, including erosion control and infrastructure development. “Local governments will also benefit from road construction and drainage projects, such as the road from here (Mokwa) to Raba, which includes three bridges,” said
the Director of Information at the Niger State Emergency Management Agency (NEMA), Dr. Ibrahim Audu Hussaini. Hussaini described the Mokwa flood as a major catastrophe affecting a large population. “As of the most recent count, the flood has claimed approximately 207 lives, destroyed 458 homes (with over 500 affected), displaced more than 3,000 individuals, and impacted over 9,000 people in total,” he said.
Despite the scale of destruction, he noted that the situation is being handled with coordination and resolve. Interventions have been extensive and collaborative as all relevant ministries and agencies are actively involved, ensuring that no one is left out, said Hussaini.
According to him, “The federal government has dispatched 200 trucks of grain and pledged ₦2 billion to aid resettlement. Governor Bago, on his part, has allocated ₦1 billion for temporary shelters. Additionally, Certificates of Occupancy have been issued for lands designated for federal housing projects.”
On the issue of missing persons, Hussaini stressed that NEMA is taking a cautious and thorough approach. Misreported cases often turn out to be individuals later found deceased or discovered to have travelled. Thus, officials are carefully verifying each report before making formal declarations.
Of course, the debate persists on the number of the missing. Mallam Umar dismissed claims that over 120 almajirai in his care were swept away by the flood, stating that “just 48” of his students are missing. The Sarkin Hausawa (Chief of the Hausa people) of Mokwa, Alhaji Tanko Bala, corroborated him, stressing that although he has personal records of families that lost as many as 10, 20, 26 members, and so on. “The number of persons missing based on my records is above 200, while the number of those confirmed dead and buried is 165, that is aside from Mallam Hassan Umar’s almajiri school. Honestly, I don’t have fully verified information on the school. Just accept any information that he tells you as the truth,” he said.
Yet, beyond the numbers war, death has no interest in clashing arithmetic. On May 28, one day after the “Children’s Day” celebration, a manic flood slithered through the streets of Mokwa like a reptilian beast, collapsing bridges, vanishing houses and entire families in its tide.
More heartrending is the fate of the almajirai of Madarasatul Tarbiyyatul Islamiyya in Tiffin Maza. While hundreds of boys are still missing. The dead have been buried quietly. There were no marble tombstones. No televised mourning. Just rows of anonymous graves, rapidly dug amid the mudflats.
The boys’ cries, like the floodwaters, have completely disappeared from public consciousness. And yet, their memory still lingers. In their drowned jotters left with ink smears in a ditch. In their worn sandals, found buried in mud.
In the voice of Saminu Abdullahi, 14, who ran from death until he collapsed into life.
It was the flamboyant and bombastic late politician from the East, Kinglsey Ozumba Mbadiwe, that coined the phraseology, Accord Concordia. For him there was accord when his party the National Party of Nigeria (NPN) entered into a strange alliance with the late Chief Nnamdi Azikiwe’s party, the Nigeria Peoples Party (NPP). But when the Accord crumbled and some prominent NPP appointees defected to NPN, K. O. Mbadiwe described the development as “Accord Concordia”
In fact, many series of such “Accord Concordia”, have occurred in Rivers State since the political crisis between the camp of former Governor Nyesom Wike and that of his successor, Sir Siminialayi Fubara, began in October 2023.
Accord was first reached on December 19, 2023 between the two camps. That agreement, a document that contained eight-point resolution, was designed to nip the escalating crisis in the bud before it loomed large. It was brokered by President Bola Ahmed Tinubu, who foresaw bigger troubles and acted as a father, a peacemaker to avert a looming danger.
Prior to that accord, Rivers was on edge. The House of Assembly Complex was attacked and burnt by arsonists. The complex was later pulled down by the state government and the lawmakers issued a notice of impeachment to the governor. The state was in disarray as each camp hauled missiles at each other.
Therefore, when President Tinubu crafted the agreement and brought them to the roundtable, genuine lovers of peace hailed the President and believed that he had halted Rivers political tragedy. But crisis merchants grumbled and shopped for spanners to clog the wheel of progress.
In fact, all the parties acquiesced to the demands of the resolutions, signed the document and made public promises to ensure its implementation. But no sooner had they returned to Rivers than the famous KO Mbadiwe’s accord concordia befell the agreement. There were discordant tunes that compelled the shredding of the peace document.
Immediately after Tinubu’s intervention, regretted by the crisis actors as the road not taken, was ignorantly dismissed, Rivers descended helplessly into a theatre of the absurd. The actors besieged the judiciary with multiple litigations, compromising and compelling the third arm of government to be dishing litany of orders and counter orders. The executive practically and solely relied on orders described by many stakeholders as frivolous to sustain its existence.
Basking on the euphoria of some of the orders, Fubara recognized three lawmakers led by Victor Oko-Jumbo and categorised the rest of 27 lawmakers as non-existent. Indeed, one of the court orders suggested that other 27 lawmakers led by Speaker Martins Amaewhule automatically lost their seats for purportedly declaring for the APC on December 11. The same order recognised Oko-Jumbo as a speaker and empowered him to lead other two lawmakers in transacting the legislative businesses of the government.
The Oko-Jumbo and his group received 2024 Appropriation Bill and swiftly turned it into a budget within two days. They did the same with the 2025 appropriation bill. They further
received and confirmed appointees of the governor as commissioners and special advisers. They screened and confirmed board members appointed by Fubara, who trusted the injunctions without waiting for the determination of the substantive case.
He also acted without deference to a subsisting judgement of the Justice Omotosho’s Federal High Court, which recognized Amaewhule as the Speaker and warned the governor against meddling in the affairs of the Amaewhule-led House of Assembly.
The judgement also mandated the governor to release the lawmakers’ seized salaries and allowances. But Omotosho’s judgement was never obeyed because those hanging around Fubara told him that the plaintiffs did not disclose a material facts bordering on the their defections to the judge.
Court orders continued to worsen the Rivers crisis and succeeded in entrapping the local government election that was held on October 5th, 2024. The buildup to the local government election escalated the tension in Rivers. Fubara refused to conduct the election before the expiration of the tenures of the subsisting local government chairmen and councilors.
The chairmen, who acted as Fubara’s campaign coordinators in their various councils in 2023, were angry and vowed not to vacate their offices citing tenure elongation granted them by a new law of th Amaewhule-led House of Assembly. When their tenures eventually expired on June 17, they were dethroned in violent protests that engulfed the entire councils. That day was bloody as some persons including security agents were killed in the ensuing melee. The violence was so widespread that it compelled the police to take over the councils’ headquarters.
But Fubara was determined to take over the councils from his foes. He immediately appointed Caretaker Committees to run the affairs of the local government areas while expediting the process of conducting the local government elections. He went ahead with the election despite another subsisting order of the Federal High court that invalidated the process. Having lost out of the state’s chapter of the PDP, the governor pushed all his candidates for the election to the little known All Peoples Party (APP) and got them elected as chairmen and councilors.
But the Amaewhule-led lawmakers continued to pursue their court cases against Fubara. The lawmakers filed new suits to stop all the revenue allocations from the federal government to the state. They also pushed the disputed Omotosho’s judgement as well as the case against the conduct of the local government election to the Supreme Court.
The crisis escalated and was heralded intermittently with bomb blasts and attacks on some political party headquarters. But the Supreme Court’s judgement of February 28 resolved all the disputes. In its key judgements, the apex court voided the budgets passed by the Oko-Jumbo’s group of lawmakers. The judgement nullified the October 5th local government election. It recognized Amaewhule-led House of Assembly as the authentic and the only House of Assembly in Rivers. The judgement further rubbished the claims that the lawmakers defected to the APC.and automatically lost their seats
The court came hard on Fubara describing him as a despot and promulgated a verdict that there was no government in Rivers. The court ordered Fubara in the spirits of the Omotosho’s judgement to go and re-present the budget and ordered the withholding of Rivers allocations pending the proper presentation and approval of an appropriation bill by the authentic Rivers House of Assembly.
Instead of calming down the toxic political atmosphere, the judgement increased the tempo of political fisticuffs between Fubara and the House of Assembly. While the lawmakers were determined to remove the governor, Fubara’s supporters vowed to thwart the plot.
Fubara and the lawmakers started playing games with the implementation of the judgement. Supporters began to issue threats of violence and even gave non-indigenes living in Rivers and ultimatum to vacate the state. They started carrying out their threats with the bombing of oil and gas infrastructures in the state. Rivers was on the precipice tilting towards bloodshed of unimaginable proportions.
But President Tinubu wielded the big stick following his declaration of the state of emergency after getting security briefs from his service chiefs. The emergency rule immediately deescalated the crisis by calming down the tensed political atmosphere.
In his emergency rule declaration, Tinubu suspended the two warring arms of government; the executive led by Fubara and the legislature led by Amaewhule. He appointed the retired Vice-Admiral lbok Ete-Ibas, a former Naval Chief as a sole administrator for Rivers. Tinubu’s decisions got the nod of the National Assembly and Ibas resumed the governance of Rivers on March 19, 2025.
Ibas was given the first six months to restore peace in Rivers while all the political gladiators were asked to use the same period to settle their rifts and work together for Rivers common interest.
In the interest of Rivers, there have been efforts to reconcile the warring gladiators in the state. Prior to the first attempt by President, who drafted the eight-point resolution, the state elders tried to make peace. However, stakeholders queried their neutrality and concluded that they had taken sides in the disputes.
Following the six-month emergency rule, Fubara did not quickly initiate a reconciliation process. He took some napping times off perhaps to rest and think through the entire crisis ravaging his state. He was later led to Wike by some APC governors. The FCT Minister told him to seek the faces of the persons he offended especially the members of the Rivers State House of Assembly.
But there was silence after the meeting. While Fubara gave an impression that he was going through the reconciliation, Wike told the public that since the first day Fubara met with him, he had not set his eyes on him again. In fact, he said there was nothing like reconciliation between them.
It was, however, gathered that true and sincere reconciliation started on Thursday. Again, President Tinubu reportedly brokered it. Fubara was said to have for the first time met with Amaewhule and other members of the House of Assembly. Sources said the meeting was fruitful. It was learnt that the governor apologized profusely to the lawmakers and promised that henceforth he would not repeat his earlier mistakes. He held the hand of Amaewhule as they shared jokes and laughter.
Sources said there were marathon meetings. Fubara was said to have also met with the enlarged political family of Wike including Rivers State National Assembly caucus. The three wise men, OCJ Okocha, SAN, Chief Ferdinand Alabrara and King Sergeant Awuse were said to have attended the meeting, where another accord was reached on how to keep Rivers peace. After the meeting, Wike and Fubara met with President Tinubu to inform him that they had agreed to work together.
Emerging from the reconciliation meeting, Fubara declared that peace was back to Rivers. He agreed that a resolution was reached describing the agreement as a divine intervention and promised to do everything within his power to sustain the peace achieved.
He said: “For me, it’s a day we have to thank Almighty God. What we need for the progress of Rivers State is peace and by the special grace of God this night, with the help of Mr President and the agreement of the leaders of the state, our leader, peace has returned in Rivers State. We’ll do everything within our power to make sure that we sustain it this time around”.
Wike also echoed th same sentiment. He said: “We have all agreed to work together with the governor, and the governor also agreed to work together with all of us. We are members of the same political family.
“Yes, just like humans, you have a disagreement, and then you also have a time to settle your disagreement. That has been finally concluded today. We have come to report to Mr. President that this is what we have agreed. So, for me, everything is over. I enjoin everybody who believes to work with us, to also work together with everybody. There’s no more acrimony. There’s nothing to say.”
Some stakeholders appealed to Fubara to stick to the new agreement and honour its provisions. They asked him to resist the temptation of listening to those, who stampeded him into abandoning the first peace accord that contained eight-point agenda.
A former Labour Party Candidate in Bayelsa State, Udengs Eradiri, hailed Fubara for submitting to a real reconciliation process. Eradiri, a former President, Ijaw Youths Council (IYC) Worldwide, urged Fubara to close his doors from those hangers-on, who made him thrash the first peace pact.
He said: “This is a good beginning for Rivers. I have always advocated that Fubara must follow the process of genuine and sincere reconciliation and what transpired on Thursday was that process.
“But I warning again that Fubara must abandon those, who led him into many avoidable mistakes that deepen the crisis in Rivers. He must stay away from them. I commend President Tinubu, who has shown his mastery of conflict management in Rivers issue and undiluted fatherly love to Wike and Fubara.
“The President by his interventions has shown that he wants peace and not bloodshed in Rivers. I commend Wike for having a large heart to forgive his political son and I urge him to keep leading alright.”
In fact, many stakeholders are praying that the new accord that has promised to allow rivers of peace flow into Rivers State should never again go the way of KO Mbadiwe’s accord concordia like the first eight point peace accord.
Price and exchange rate stability are key roles of the Central Bank across the world. The drop in Nigeria’s inflation rate in May has been attributed to changes in macroeconomic dynamics as well as monetary-fiscal policies alliance. Analysts view the moderation in May’s headline inflation at 22.97 per cent as a positive outcome of improved FX stability, easing energy prices, and a slowdown in money supply growth, writes Assistant Editor COLLINS NWEZE
The drop in Nigeria’s inflation rate for May 2025 was not accidental—it was the result of deliberate and sustained monetary policy reforms by the Central Bank of Nigeria (CBN). Key among these were stabilising the foreign exchange market, strengthening the naira, and tightening liquidity to curb excess money supply. According to the National Bureau of Statistics (NBS), the inflation rate eased to 22.97 per cent in May, down from 23.71 per cent in April, marking a clear signal of policy impact.
Broad money (M2) growth also moderated significantly, averaging 1.3 per cent month-on-month and 20.3 per cent year-on-year in 2025, compared to 5.6 per cent and 75.5 per cent respectively in 2024. The CBN’s latest quarterly economic report for Q4 2024 shows strong FX inflows—$61.2 billion net, up 99 per cent year-on-year—with gross inflows up 21 per cent quarter-on-quarter to $27.8 billion. FX outflows also rose by 31 per cent to $10.4 billion.
Like other central banks globally, the CBN has remained laser-focused on inflation. Its adoption of an inflation-targeting framework and the tightening of the Monetary Policy Rate to 27.5 per cent are strategic tools to restore macroeconomic stability and reinforce investor confidence.
Naira appreciates and how inflation works
Specifically, the naira appreciated by 0.7 per cent month-on-month, closing at N1,586.15/$1.00. Additionally, prices in the energy sector declined by 0.4 per cent month-on-month in May. The monthly energy deflation was likely supported by reductions in Premium Motor Spirit (PMS) prices by Dangote Petroleum Refinery (and select independent marketers) which brought ex-depot prices down to a range of N875.00 to N905.00/litre across states and regions.
In emailed report to investors, Managing Director, Afrinvest Nigeria Limited, Ike Chioke, stated that
while the positive strides in consumer price dynamics (especially core inflation) could set the stage for a potential rate cut by the MPC in second half of this year, persistent risks in the food sector – stemming from agrarian and structural factors – are potent headwinds ahead. According to the report, sustained currency appreciation and the lagged impact of PMS price cuts in late May are likely to counteract the impact of holiday-induced price hikes in some core items and keep the sub-component inflation modest.
Inflation remains one of the most discussed yet misunderstood economic concepts. Economists generally agree that inflation refers to a sustained increase in the general price level of goods and services over time. It is typically measured using indicators such as the Consumer Price Index (CPI) or the implicit price deflator for Gross National Product (GNP). A commonly used expression for inflation is “too much money chasing too few goods,” highlighting how increased money supply can outpace output, thereby weakening a currency’s purchasing power. When inflation occurs, money buys fewer goods. For example, if N10.00 buys 10 shirts today, but prices double, that same amount will only buy five shirts—demonstrating a clear decline in real value.
Recent macroeconomic signals offer cautious optimism. A slowdown in food prices and a 7% dip in petrol costs are notable, alongside positive feedback from the GDP rebasing exercise. These developments hint at an improving inflation trajectory. According to Bismarck Rewane, CEO of Financial Derivatives Company Limited, a stronger oil sector could drive more stable fuel prices and higher government revenues, enhancing economic stability.
The Economic Intelligence Unit (EIU) forecasts a 4% rebound in retail sales in 2025, with consumer spending expected to rise to $127 billion. Input from monetary authorities has also contributed to cooling inflation. Charlie Bird, Director of Trading at Verto, noted that rising crude oil prices, FX stability in NAFEM, narrow parallel market spreads, and growing reserves all point to positive inflation outcomes—signaling stronger prospects for economic recovery and price stability.
Speaking during Cordros Asset Management seminar titled: “The Naira Playbook”, he said positive impact of CBN’s reforms has continued affect the market and economic indicators positively. Also, inflation targeting framework, which replaces the exchange rate targeting framework, aligns with the apex bank’s determination to bring inflation upsurge under control in line with its price stability mandate.
Analysts said the various oil price shocks, Covid-19 pandemic, and most recently, the war between Russia and Ukraine, and Israel and Iran have resulted in various shocks to the global economy, requiring changing responses to subdue the monetary and fiscal authorities in the advanced and emerging market economies.
How low inflation supports economy
The Comercio Partners, in its 2025 macroeconomic outlook, highlighted that the rebasing of Nigeria’s Consumer Price Index (CPI) to 2024 would also create statistical effects that could lower inflation figures. From the stabilisation of exchange rates, the normalisation of energy prices following the subsidy removal to improved liquidity in the forex market, the economy has what it takes to achieve price stability within the year.
The Comercio Partners reports emphasised the importance of local refining capacity expansion, particularly with the launch of the Dangote Refinery. This development is expected to reduce the impact of exchange rate fluctuations on energy prices. By relying more on domestically refined petroleum, Nigeria is likely to see a reduction in energy price volatility.
This, combined with a more stable exchange rate, is expected to lower production and transportation costs, creating a positive ripple effect throughout the broader economy. According to Ifeanyi Ubah, head of investment research and global macro strategist, “We expect headline inflation to decrease to around 15 percent in the first half of 2025, indicating a gradual return to economic stability.”
The report also emphasised the importance of local refining capacity expansion, particularly with the launch of the Dangote Refinery. This development is expected to reduce the impact of exchange rate fluctuations on energy prices. By relying more on domestically refined petroleum, Nigeria is likely to see a reduction in energy price volatility. This, combined with a more stable exchange rate, is expected to lower production and transportation costs, creating a positive ripple effect throughout the broader economy.
In its efforts to tame inflation, the CBN recently hosted the Monetary Policy Forum 2025, featuring fiscal authorities, legislative, private sector, development partners, subject-matter experts, and scholars with the theme: “Managing the Disinflation Process.” The forum is a major push to improve monetary policy communication, foster dialogue, and collaborate on critical issues shaping monetary policy.
During the event, CBN Governor, Olayemi Cardoso, explained that the apex bank’s focus is to sustain price stability, the planned transition to an inflation-targeting framework, and strategies to restore purchasing power and ease economic hardship. He said the apex bank is continuing its disciplined approach to monetary policy, aimed at curbing inflation and stabilising the economy.
“These actions have yielded measurable progress: relative stability in the FX market, narrowing exchange rate disparities, and a rise in external reserves to over $40 billion as of December 2024.”
Cardoso reiterated that the goal of the CBN is to ensure that monetary policy remains forward-looking, adaptive, and resilient. In addressing our economic challenges, collaboration is key: “Managing disinflation amidst persistent shocks requires not only robust policies but also coordination between fiscal and monetary authorities to anchor expectations and maintain investor confidence,” Cardoso said.
“Our focus must remain on price stability, the planned transition to an inflation-targeting framework, and strategies to restore purchasing power and ease economic hardship,” he added.
The CBN also focused on strengthening the banking sector, introducing new minimum capital requirements for banks (effective March 2026) to ensure resilience and position Nigeria’s banking industry for a $1 trillion economy. These reforms and developments reflect the Bank’s commitment to creating an enabling environment for inclusive economic development. However, achieving macroeconomic stability requires sustained vigilance and a proactive monetary policy stance.
“As we shift from unorthodox to orthodox monetary policy, the CBN remains committed to restoring confidence, strengthening policy credibility, and staying focused on its core mandate of price stability,” Cardoso stated. He said moving from the exchange rate targeting framework to the inflation targeting framework aligned with the apex bank’s determination to bring inflation upsurge under control in line with its price stability mandate.
Inflation uptick has remained a major concern to the CBN and is the time to use monetary policy tools to control it. Already, the data from the National Bureau of Statistics (NBS) showed that Inflation Rate i n Nigeria increased to 34.80 per cent in December from 34.60 percent in November of 2024. Inflation Rate in Nigeria is expected to be 32.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations.
Market data showed that the various oil price shocks, Covid-19 pandemic, and most recently, the war between Russia and Ukraine, have resulted in various shocks to the global economy, requiring changing responses to subdue the monetary and fiscal authorities in the advanced and emerging market economies. To address these shocks, the CBN plans to migrate from an exchange rate targeting framework to phased migration and now inflation targeting framework. The CBN has been controlling the growth of money supply to achieve price stability, but is seeking a change of strategy to achieve better results.
World Bank growth projection
The World Bank recently gave a positive verdict on Nigeria’s economic growth trajectory, highlighting three-year unbroken growth for the country. In the bank’s Global Economic Prospects for June, the bank posited that Nigeria will have three-year unbroken growth records- growing at 3.6 per cent in 2025, 3.7 per cent in 2026 and 3.8 per cent in 2027. The World Bank, however, slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies.
In its twice-yearly Global Economic Prospects report, the bank lowered its forecasts for nearly 70 per cent of all economies – including the United States, China and Europe, as well as six emerging market regions – from the levels it projected just six months ago before U.S. President Donald Trump took office. The bank stopped short of forecasting a recession but said global economic growth this year would be its weakest outside of a recession since 2008. By 2027, global gross domestic product growth was expected to average just 2.5 per cent, the slowest pace of any decade since the 1960s. The bank said global inflation was expected to reach 2.9 per cent in 2025, remaining above pre-COVID levels, given tariff increases and tight labour markets.
With a bold mix of compassion and corporate responsibility, Seplat Energy, as part of its Corporate Social Responsibilities (CSR), is restoring vision and transforming lives through its “Eye Can See” initiative. As it uplifts communities with free eye care, the energy giant is also delivering record-breaking financial results—proving that purpose and profit can go hand in hand, reports Associate Editor ADEKUNLE YUSUF
For any business driven by a heart of gold, one of its core priorities should be giving hope to the hopeless—transforming lives through meaningful impact. When such gestures of goodwill touch real lives, the ripple effects often come in the form of heartfelt appreciation from beneficiaries, inspiring the company to do even more.
In pursuit of a better and healthier life for the people, the firm, a key player in Nigeria’s energy sector, has taken bold and practical steps to redefine Corporate Social Investment (CSI).
One area of urgent concern is eye health. As of 2024, an estimated 1.13 million Nigerians aged 40 and above—about 4.2 per cent of that demographic—are living with visual impairment, according to the Coordinator of the National Eye Health Programme at the Federal Ministry of Health and Social Welfare.
Despite these alarming numbers, access to quality eye care remains limited. Rising to meet this need, Seplat Energy, in partnership with NNPC Exploration and Production Limited (NEPL), has, since 2012, championed the “Eye Can See” initiative—a flagship CSI programme directly addressing the eye care crisis across communities.
Over the years, the “Eye Can See” programme has steadily evolved into a beacon of hope for thousands, offering free consultations, vision screenings, cataract surgeries, reading glasses and essential health education to underserved communities across Edo, Delta and Imo states. In doing so, it bridges a critical gap in healthcare access—advancing the objectives of the United Nations Sustainable Development Goal (SDG) 3, which promotes good health and well-being for all.
According to Seplat Energy’s Director of External Affairs and Social Performance Chioma Afe, the sustained success of the initiative is a testament to the enduring collaboration between the company and its Joint Venture partner, NNPC Exploration and Production Limited (NEPL).
Importantly, all services rendered under the programme are offered entirely free of charge. “Eye Can See” is more than a charitable gesture—it is a powerful demonstration of the long-term value of corporate social investment in Nigeria. By focusing on eye health, the initiative targets a pressing need in host communities, many of which are rural and lack adequate access to medical services. To date, the programme has provided 110,634 eye treatments, distributed 55,382 pairs of reading glasses and successfully performed 4,752 cataract surgeries.
Beyond the direct medical services, “Eye Can See” also serves as a platform to enlighten participants on the broader implications of eye health. Medical experts have long warned that unmanaged conditions such as hypertension and diabetes can severely impair vision, and even lead to blindness.
Dr. Cyril Adams Oshiomhole, the Edo State Commissioner for Health, underscored the importance of this educational aspect of the initiative during the 2025 edition of the programme. He noted that “more than half of the ailments that lead to blindness are treatable, and the ‘Eye Can See’ programme is showing our people that with early intervention, many of these conditions can be prevented.”
The “Eye Can See” initiative is not merely about restoring vision—it is about transforming lives. By tackling preventable blindness, Seplat Energy is empowering individuals to reclaim their livelihoods, confidence and full participation in society. Restoring sight, in this sense, are both a medical intervention and a catalyst for socio-economic lift.
For many beneficiaries, this impact is deeply personal and life-changing. For instance, Dennis Laure from Delta State had battled deteriorating vision for over five years. At the 2025 edition of the programme held in Edo State, Laure shared his testimony: “Now, I can see clearly. I can go back to my work and live a normal life. I am very grateful to Seplat for this opportunity,” he said.
Strengthening partnerships for sustainable impact
The continued success of the “Eye Can See” initiative rests not only on the firm’s unwavering commitment but also on the strategic partnerships it has cultivated with key stakeholders—ranging from government agencies to traditional institutions and local communities. This collaborative model reinforces the idea that sustainable impact is best achieved through collective effort.
A striking example of this synergy was evident at the 2025 edition of the programme, where the revered Oba of Benin was represented by the Obakhavbaye of Benin, Chief Raphael Oronsaye. His presence and endorsement served as an affirmation of the programme’s importance and credibility. More importantly, it helped in galvanising the community to access the free services on offer. Such high-level traditional engagement underscores the vital role of local leadership in driving grassroots impact and community ownership.
Investing in sustainable healthcare solutions
Seplat Energy is charting a bold path to deepen its impact in Edo State and beyond. As part of its long-term vision for sustainable healthcare delivery, the company is exploring plans to establish a permanent eye hospital in Edo State—a facility that would provide year-round, quality eye care to residents. The proposed hospital would not only meet the immediate medical needs of the population but will also serve as a lasting healthcare solution, eliminating the burden of long-distance travel for eye treatments. It would stand as a beacon of accessible, specialised care.
This forward-looking approach mirrors an earlier milestone by the Seplat Energy Joint Venture. On October 7, 2024, the JV handed over a fully equipped, state-of-the-art Eye Centre at Sapele Central Hospital to the Delta State Government. The centre was designed to function as a hub for the treatment of all eye-related conditions in the region and has since become a reference point for excellence in eye care.
By investing in enduring infrastructure such as eye hospitals, the firm continues to move beyond the realm of short-term interventions. The company’s Corporate Social Investment strategy is deliberately built around sustainability, ensuring that its impact resonates far beyond the life of any single programme.
A model for meaningful change
The “Eye Can See” initiative stands as a shining example of how corporate social investment can be harnessed not merely as a philanthropic gesture but as a transformative force for good. Through its integrated approach—combining free medical interventions, public health education, and community collaboration—it has shown that businesses can be powerful agents of change when they truly invest in the welfare of their host communities. In empowering individuals to see again, Seplat Energy is also helping communities to envision brighter, healthier futures. And that, perhaps, is the clearest vision of all.
As Seplat Energy continues to deepen its commitment to eye health and sustainable development, the “Eye Can See” programme stands tall as a gold standard for what effective Corporate Social Investment (CSI) should embody. It combines medical intervention with education, empowerment and infrastructure, making a lasting difference in people’s lives while reinforcing the company’s role as a responsible corporate citizen.
This deep sense of purpose is mirrored in the firm’s exceptional financial performance, reaffirming that profitability and social responsibility can go hand-in-hand. The firm recently released its audited financial results for the first quarter ended March 31, 2025, showcasing remarkable growth across key performance indicators. The company recorded revenue of N1.228 trillion, a substantial leap from N268.6 billion reported in the same quarter of 2024. Gross profit surged to N535.4 billion from N63.8 billion year-on-year (YoY), while profit before tax rose sharply to N314.6 billion, compared to N103.5 billion YoY.
Operational cash flow also saw a significant boost, growing from N25.2 billion to N464.9 billion—a testament to Seplat’s efficient operations and financial discipline. These results allowed the company to repay $250 million early, reducing its Revolving Credit Facility to $100 million and enabling an increase in its quarterly dividend to 4.6 cents per share. Production performance was equally impressive. Average production for Q1 2025 stood at 131,561 barrels of oil equivalent per day (boepd), a 167 per cent increase from Q1 2024 (49,258 boepd), and above the midpoint of the company’s 2025 guidance range (120 – 140 kboepd).
Onshore production contributed 56,196 boepd—14 per cent higher than the same period in 2024—driven by a 10 percent increase in liquids and 21 per cent rise in gas production, thanks to strong performance at the Oben Gas Plant and the inaugural output from the Sapele Gas Plant.
Offshore operations under Seplat Energy Producing Nigeria Unlimited (SEPNU), formerly Mobil Producing Nigeria Unlimited (MPNU), delivered 75,365 boepd, with a product mix of 88 per cent crude and condensate, four per cent natural gas liquids, and eight per cent gas. SEPNU’s idle well restoration programme added approximately 11,000 barrels per day in gross joint venture output, while the commissioning of the Sapele Integrated Gas Plant (SIGP) marked a major milestone, achieving first commercial gas sales in February 2025 and producing high-quality gas and condensates. The company also reported over 7.3 million man-hours without Lost Time Injury (LTI), a key indicator of its high safety standards—2.5 million from Seplat’s onshore operations and 4.8 million from SEPNU.
In line with governance transitions, two Independent Non-Executive Directors—Bello Rabiu and Babs Omotowa—resigned from the Board following their appointments to the Board of NNPC Limited. To ensure continuity, Bashirat Odunewu was appointed as the new Senior Independent Non-Executive Director.
On the Q1 performance, Seplat Energy’s Chief Executive Officer, Roger Brown, noted: “2025 has started positively for Seplat. As we deliver the business at a significantly enhanced scale, our focus is on the successful integration of the combined companies, and I am pleased to report that we are making good progress. We can benefit greatly from the combined expertise of our onshore and offshore workforce.”
He added: “Production has been strong, showing the benefit of the continuous drilling programme, investment in asset integrity and the availability of multiple evacuation routes. Financial performance was also strong, allowing us to be proactive in materially reducing gross debt, maintaining low balance sheet leverage, and further strengthening our company as the near-term global economic outlook becomes less predictable.
“We remain conservative in our approach, but our confidence in the future trajectory for our business, combined with our strong financial position, means that we are delighted to increase our quarterly dividend to $ 4.6c/share, a 28 per cent increase in our quarterly dividend versus 4Q 2024. Our assets are high quality, and while we will remain agile to the prevailing oil price environment, our business plan is designed to be robust at lower oil prices and our gas revenues, which are largely delinked to oil prices, provide long-term stability for the business. We are committed to our plan of growth and maximising value for our stakeholders.”
The Central Bank of Nigeria (CBN) has sustained strategic interventions aimed at bolstering foreign reserves, stabilising the naira, and maintaining robust dollar liquidity in the market. As global oil prices surge—fuelled in part by heightened tensions between Israel and Iran—Nigeria finds itself navigating a mix of economic risks and potential windfalls. Brent crude futures for July delivery have spiked by over nine per cent, reaching $75.15 per barrel—the highest level since early February. Analysts note that the apex bank is already capitalising on the oil price rally to deepen recent gains in foreign reserves and strengthen the naira’s stability, writes Assistant Editor COLLINS NWEZE.
Oil prices spiked over the weekend following a major pre-emptive strike by Israel on Iran, raising fears of a broader conflict in the Middle East and potential disruptions to key oil supply routes. Brent crude futures for July delivery jumped more than nine per cent, hitting $75.15 per barrel—the highest since early February. West Texas Intermediate (WTI) crude also surged, climbing to $74 per barrel at its peak, reflecting a 10 per cent gain.
While markets are closely watching the fallout on Iranian oil production, analysts warn that escalating tensions around the Strait of Hormuz—the world’s most critical oil chokepoint—could spark a sharp and sustained rally in global oil prices. The development carries significant implications for Nigeria, which relies heavily on oil exports for revenue. A sustained rise in crude prices could boost the country’s dollar earnings, improve its foreign exchange reserves, and support greater exchange rate stability.
Already, the outlook for the naira has improved, with oil prices crossing the Federal Government’s 2024 budget benchmark of $75 per barrel for the first time this year. In addition to favourable oil prices, recent structural reforms by the Central Bank of Nigeria (CBN) have helped correct long-standing imbalances in the economy. Nigeria’s Gross Domestic Product (GDP) grew by 3.4 per cent in 2024, with Q4 performance reaching 4.6 per cent—the strongest quarterly growth recorded in more than a decade.
Nigeria’s economy is showing signs of steady recovery, with inflation gradually easing and the prices of essential food items like rice and beans beginning to stabilize. Alongside this welcome development, the Central Bank of Nigeria (CBN) has recorded a fivefold increase in net foreign reserves, while the Naira exchange rate continues to gain ground after months of volatility. These macroeconomic improvements are the result of deliberate policy actions taken by the apex bank under the leadership of Governor Olayemi Cardoso. Beyond the anticipated boost in oil revenue—especially amid global tensions threatening oil supply—Cardoso is driving a broader strategy aimed at diversifying dollar inflows into the economy.
Informed by China’s export-led growth model, the CBN has advocated for a competitive exchange rate policy that encourages export-driven development. Cardoso has urged Nigerian businesses to adopt export-oriented strategies by tapping into high-potential sectors such as agriculture, manufacturing and the creative industries. The emphasis is on adding value—moving from raw material exports to finished goods—thereby boosting foreign exchange earnings and industrial capacity.
To reduce dependence on imports and build local capacity, the CBN is also pushing backward integration across key sectors. Cardoso recently advised telecom companies to begin producing vital components like SIM cards, cables and towers locally. During a meeting in Abuja with Airtel Africa’s Group CEO Sunil Taldar, he explained that such efforts would reduce pressure on foreign exchange, create jobs, and stimulate the real sector. Taldar, in turn, lauded the CBN’s ongoing reforms and reaffirmed Airtel’s commitment to local production and expanding financial inclusion through digital technology. The telecom sector, long reliant on imported equipment, is now seen as ripe for transformation through domestic innovation and manufacturing.
The creative economy is also under the spotlight. Cardoso highlighted its capacity to attract up to $25 billion annually through exports of music, film, crafts, and digital content. He encouraged creatives to leverage digital platforms, global tours, and international collaborations to deepen Nigeria’s export footprint. Market confidence is also rebounding, as foreign portfolio investors (FPIs) return to Nigeria’s FX market, buoyed by improved transparency, stronger fundamentals, and effective CBN interventions. Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise (CPPE), noted that despite global uncertainties, Nigeria is beginning to look like a more attractive destination for capital flight from riskier markets.
However, in Nigeria, there is historically a positive correlation between crude oil prices, GDP growth and stock market performance. “The outlook for the Nigerian stock market is therefore likely to be positive in the current context,” Yusuf said.
He said the surge in crude oil price would impact on Nigeria’s forex earnings, oil being the biggest forex earner for the country. “This development would also positively impact the country’s foreign reserves, ensure better forex liquidity and ultimately the stability of the naira exchange rate.
“The oil sector currently accounts for significant amount of government revenue. An improvement in crude oil price would therefore have a significant impact on government revenue. An improvement in revenue would positively impact fiscal consolidation and hopefully moderate the growth of the fiscal deficit.
“Investments in the oil and gas sector would post better returns if the conflict persists. High oil price is good news for upstream oil and gas investors,” Yusuf said.
Oil revenue target
Also, the possibility of Federal Government achieving N19.5 trillion oil revenue target for the year rose with the soaring prices of crude oil over Middle East crisis. Analysts at Afrinvest West Africa, said that Federal Government’s projected oil revenue of N19.5 trillion will be on track. They highlighted that, based on previous macro commentary, the Federal Government needs to deploy a more prudent framework that prioritises sustainable budget growth.
There is also a high possibility that budget deficits for the year could reduce below N17 trillion, reducing total debt stock. To turn sustain revenue surge, the analysts recommended some measures the FG can take to sustain the improved macroeconomic environment. Firstly, with the increase in revenues and substantial reduction in PMS, Electricity and FX subsidies the FG should be deploying more resources towards critical infrastructure development while also tackling insecurity headlong to support improved productivity in the agrarian communities.
Secondly, the FG needs to prioritise optimising revenue potentials by strategically using the instrumentality of the state to end crude oil theft and boost aggregate output to the target 2.06mbpd level. Also, as recommended by the World Bank reducing the cost A of governance would be pivotal to Nigeria’s revitalisation drives, given the current disturbing level of debt profile.
Understanding telecoms Sector
According to the Nigerian Communications Commission (NCC), the total active telephony subscribers increased by 3.2 per cent month/month to 164.93 million in December 2024. The increase reflects the gradual recovery in the subscriber base following the conclusion of the NIN-SIM linkage program by mobile service providers in September. Analysing the market share by operators, MTN Nigeria led by 51.4 per cent with 84.61 million subscribers, Airtel Nigeria followed with 34.4 per cent (56.62 million subscribers), Globacom with 12.2 per cent (20.14 million subscribers) and 9mobile with 2.0 per cent (3.28 million subscribers). At the same time, the total number of internet subscribers rose by two per cent month/month to 139.28 million in December.
Looking ahead, analysts at Cordros Securities said they expect subscriber base recovery through SIM reactivation initiatives, especially from market leaders – MTN Nigeria and Airtel Nigeria. According to the National Bureau of Statistics (NBS) third quarter 2024 Gross Domestic Product (GDP) report, the information and communication sector, is made up of telecommunications and information services; publishing; motion picture, sound recording and music production; and broadcasting.
Views from stakeholders
The Executive Secretary of the Association of Licensed Telecommunication Operators of Nigeria (ALTON), Gbolahan Awonuga, said that aside telecom operators, other key business owners and entrepreneurs can also invest in the local manufacturing of key components in telecoms operations. He said: “We have to look inwards and get Nigerian companies to produce these key components in telecom operations locally. Government also has a role to play, by ensuring that key infrastructure especially power is available. We do not want a situation where locally produced inputs, will become more expensive than imported versions.”
Awonuga said that telecom sector plays key roles in banking services, including enabling digital payments and ensuring security of transactions. He said banking and telecom sectors have more to gain if backward integration thrives in the country adding that government has significant role to play to make the move a success.
Research Head, Cowry Asset Management Limited, Charles Abuede, said the CBN governor’s call was to discourage the importation of foreign services into Nigeria, especially when efforts can be made to develop such services locally. “The high demand for foreign exchange by telecom operators has further pressured the naira due to increased demand for the dollar. However, with adequate infrastructure development and a conducive operating environment facilitated by regulators, these challenges can be mitigated,” he said.
According to Abuede, “given Nigeria’s FX policies, illiquidity in the foreign exchange market, and infrastructure deficits, I think increased investment in the telecom sector would enable operators to embrace backward integration. This would allow them to manufacture key components, such as SIM cards, locally. As a result, production costs could decline—provided the operating environment remains stable. This will improve profit margins and enhance both top-line and bottom-line growth in the long run”.
The CBN under Cardoso has carried out several efforts to improve the functioning of the FX market. This has led to good results with average daily turnover in the Nigerian Autonomous Foreign Exchange Market increased by 226 per cent in the first half of last year when compared to the same period in 2023. Foreign portfolio inflows have increased by over 72% during this period, while foreign exchange reserves have risen from $32bn in May 2023 to over $40bn.
This represents the equivalent of eight months’ import cover and marks the highest reserve level in nearly three years. The market has also supported over $9bn in capital outflows over the past year as investors were able to freely repatriate capital and dividends without the need to wait for several months as experienced in the past. These results, Cardoso said, reflect improved confidence in the reforms he embarked on.
“In addition, we witnessed a $6 billion current account surplus in the first half of 2024 as a result of the impact of these reforms. Reduction in petroleum product imports supported by improved domestic refining capacity, a growing focus on non-oil exports and higher remittance inflows helped to support the positive current account balance,” he said.