COVER
I went through Hell to become President – PMB
…I will laugh last- Atiku
President Muhammadu Buhari yesterday said he passed through tough times in three previous elections he contested before he was elected the President.
He said this when he received Report of the Presidential Implementation Committee on Financial Autonomy of State Legislature and Judiciary at the Presidential Villa, Abuja.
He said: “I went through a terrible time getting here for the three times I contested elections.
That’s why I want to stabilise the system so that others will not pass through the same experience.“Both young and ordinary Nigerians depend on leadership to ensure justice is always done.
“So we must ensure that trust is not compromised. This administration will take the report seriously.”
He noted that efforts to ensure autonomy for state legislatures and judiciary will further strengthen democracy and deepen inclusiveness of citizens by guaranteeing fairness for ordinary Nigerians.
Chairman of the Committee, immediate past Minister of Justice and Attorney General of the Federation, Abubakar Malami, said implementation of the recommendations would entrench constitutionalism, democratic principles and separation of powers.
“The recommendations clearly spell out that if uniform modules for implementation of financial autonomy for state legislature and state judiciary are approved for implementation across 36 states, it will no doubt strengthen Nigeria’s democratic principles, practices and public governance,’’ he said.
Malami said the committee had observed that most states honoured the constitutional provisions for financial autonomy in the breach, than in observance.
He said the legislature and judiciary had remained the last hope of the common man and should be given autonomy, even as he noted that the committee consulted with state governors, Chief Judges of states, Speakers of State Houses of Assembly, Civil Society Organizations and relevant stakeholders, including members of the public.
The Presidential Implementation Committee on Financial Autonomy of State Legislature and State Judiciary was inaugurated by President Buhari on March 22, 2019, to fashion out strategies and modalities for implementation of the financial autonomy of the state legislature and judiciary in compliance with Section 121 (3) of the 1999 constitution (As Amended).
Similarly, President Muhammadu Buhari has said his administration’s goal of building an inclusive, secured and prosperous Nigeria is achievable
The president, who stated this when he received a delegation from Nasarawa State, led by Gov. Abdullahi Sule, at the Presidential Villa, Abuja, added that the administration remains committed to the Change Agenda.
He, however, stressed the need for states, local governments as well as traditional and religious leaders to partner with the Federal Government in ensuring compliance of government agenda.
“In the next four years, I want to assure you that we will remain committed to the change agenda. Our goal of building an inclusive, secure and prosperous Nigeria is achievable.
“However, the federal government cannot do it alone. We need the full cooperation and support of states, local governments as well as traditional and religious leaders.
“I must commend you the Nasarawa elders and leaders for maintaining peace within the state. In the last four years, you collectively put aside your political, religious and ethnic differences for the interest of stability and prosperity.
“You must continue to preach peace and understanding in your various communities,’’ he said.
The president, who noted that the responsibility of governance was enormous, pledged that hisd administration would continue to pay greater attention towards enhancing security, inclusive economic empowerment and fighting corruption.
“In all these areas we have made progress despite the significant challenges we faced,’’ he said.
Meanwhile, the presidential candidate of the Peoples Democratic Party (PDP) in the February 2019 presidential election, Atiku Abubakar, has said he would have the last laugh in his quest to be victorious, noting that his request and that of his party to inspect the server of the Independent National Electoral Commission (INEC) was not rejected by the Presidential Election Tribunal.
In a statement by his media aide, Paul Ibe, entitled, “He who laughs last, laughs best,” on Tuesday, Aiku said the tribunal rather ruled that proceeding was still at preliminary stages and the main case has begun, adding that that the matter of granting access to inspect the INEC server is not relevant to the preliminary stage.
He said the tribunal held that it is a matter to be adjudicated upon when the main case is being heard.
Atiku was responding to a statement by President Muhammadu Buhari’s spokesman, Garba Shehu, rejoicing over the ruling of the tribunal on the request by Atiku and PDP to inspect the INEC server.
He said: “The celebration by the administration of General Buhari that their electoral heist has been covered is premature. Their giddiness has even blinded them to the eye witness testimony given to multiple media in interviews by the staff of the Independent National Electoral Commission that there is indeed a server and that they actually submitted results and accreditation through it.
“In their rush to claim a Pyrrhic victory, the General Buhari administration missed out the fact that the 2019 budget has multiple line items for procurement, maintenance and service of the server they claim does not exist.”
Business News
DBN Signs $61m Credit Deal With AfDB, Unveils Support Initiative Report
By Tony Obiechina, Abuja
The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action for Women in Nigeria, unveiled its Impact Report and presented MSME Data Assets at the seventh edition of Annual Lecture held in Abuja.
DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain.
He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer in Kebbi and young founder in Yaba, noting that MSMEs accounted for about half of Nigeria’s GDP and more than eight in every ten jobs, adding that when reform works for MSMEs it works for most Nigerians.
He explained that reform becomes prosperity only when entrepreneurs can act on it whether through long tenor loans to buy equipment, banks willing to take risk or skills and records needed to grow.
He said working through Participating Financial Institutions DBN provides longer term funding, partial credit guarantees through subsidiary Impact Credit Guarantee Limited and capacity building including Entrepreneurship Training Programme.
He disclosed that as at December 2025 DBN had disbursed a cumulative N1.4 trillion to MSMEs through 84 Participating Financial Institutions creating about 1.6 million jobs nationwide.
Under the new five year strategy, the Bank aims to reach more than two million MSMEs with deliberate targets for women led businesses, youth led businesses and underserved states.
On DAWN, Okpanachi said finance alone had not enabled enough women-led businesses to scale.
He said initiative brings together financing, guarantees and credit support, technical assistance, outcome linked grants and market linkages delivered through banks, microfinance institutions, fintechs, aggregators, cooperatives and direct channels.
Its priority sectors are agriculture and exports, healthcare, arts and creatives, technology and green business.
He said DAWN is about moving gender focused lending beyond intention and turning access into opportunity.
On the sidelines of the lecture DBN and African Development Bank held a signing ceremony of AfDB DBN 61 million United States dollars Gender Line of Credit development that reinforces Bank commitment to women led enterprises.
Okpanachi urged Participating Financial Institutions to extend lending into sectors and states where access to finance has been limited, policymakers and regulators to measure reform by what changes for business at end of chain and MSMEs to formalise, keep good records and use support now available.
The Vice President as Special Guest of Honour was represented by Dr Fred Iklaga Senior Technical Adviser in the Office of Special Adviser to the President on Economy.
Keynote speakers were Chief Executive Officer of MTN Nigeria, Dr Karl Toriola, and Chairman of Nigeria Sovereign Investment Authority, Dr Segun Ogunsanya.
Fireside chat featured Chief Executive Officer of Sterling Bank Abubakar Suleiman, manufacturing and trade entrepreneur Mrs Omoyemi Chukwurah and by video Kola Masha of Babban Gona.
The Secretary to the Government of Federation, represented by Augusta Warren Bekaredebo, said 2026 tax reforms would bring relief to many small businesses expressing optimism that a lot of businesses will be smiling by next year because they will be exempted from tax.
COVER
NLC Threatens Nationwide Action as Talks With FG Collapse
By Tambaya Julius, Abuja
The Nigeria Labour Congress (NLC) has threatened possible nationwide industrial action following the failure of talks with the Federal Government over workers’ welfare, petrol prices and other outstanding labour demands.
The warning came after a meeting between the government and organised labour at the Ministry of Labour in Abuja on Thursday, October 22, ended without an agreement.
The congress has given the Federal Government until Tuesday, October 27, to make meaningful progress on the issues, warning that its relevant organs would decide the next line of action if the next meeting fails to produce concrete commitments.
The NLC has also directed its affiliates, state councils and civil society allies to begin mobilising members for possible nationwide action.
In a statement issued after the meeting, the NLC Acting General Secretary, Benson Upah, expressed disappointment over what he described as the government delegation’s lack of preparedness for the negotiations.
According to the congress, organised labour presented its demands in good faith but left the meeting without any concrete commitments from the government.
The demands include a reduction in petrol prices to 2024 levels, renegotiation of the national minimum wage, implementation of agreed tax relief measures and resolution of the terms of settlement involving the Joint Health Sector Unions (JOHESU).
The congress also called for the resolution of issues raised by the Joint Public Service Negotiating Council (JPSNC) over peculiar allowances, wage awards and hazard allowances.
The NLC said the government delegation lacked the necessary authority to engage meaningfully on the issues presented by labour representatives.
“The meeting between the Federal Government and organised labour, convened at the Ministry of Labour in Abuja on 22nd October 2026, has ended without resolution,” the statement said.
It added that the Minister of Labour requested that the meeting be adjourned until October 27 to allow the government to prepare adequately for further discussions.
The preparations, according to the statement, would include bringing relevant ministers and heads of departments and agencies to the negotiating table.
The congress said it remained open to dialogue but would not accept continued delays in addressing workers’ concerns.
“We will report back to our organs, and if no meaningful progress is made on Tuesday, the relevant organs of the NLC will decide the next line of action,” it said.
The labour body urged workers and members of the public to remain calm while the negotiations continue, even as it directed its affiliates and allies to prepare for possible industrial action.
“However, we urge all affiliates of NLC and TUC; all state councils and our civil society allies to be alert and start mobilising for a possible action across the nation while we hope that the tenets of our demands are met by the government,” the statement added.
The October 27 meeting is expected to provide another opportunity for both sides to address the outstanding issues and prevent a possible escalation of the dispute.
However, the NLC’s decision to begin mobilisation suggests that tensions could rise if the next round of talks fails to produce meaningful progress.
COVER
Election Campaigns: FRSC Bars Officers from Politicians’ Escort
The Federal Road Safety Corps (FRSC) has barred its personnel from escorting politicians during campaigns for the 2027 general elections.
Zonal Commanding Officer, RS6, ACM Abimbola Owolabi, gave the directive during her maiden visit to the Cross River Command in Calabar on Wednesday.
Owolabi said patrol vehicles and sirens must not be used for political activities or private engagements, including weddings and funeral processions.
She directed officers deployed to campaign venues to focus exclusively on traffic management to prevent congestion and road crashes.
The zonal head warned personnel against leading political convoys or providing escorts for politicians, stressing that official vehicles must not be used for unauthorised purposes.


