NEWS
Exit from FATF Grey List: Game-changer for Infrastructure Financing – ICRC
By Tony Obiechina, Abuja
The Infrastructure Concession Regulatory Commission (ICRC) has described Nigeria’s removal from the Financial Action Task Force (FATF) grey list as a significant milestone that strengthens the country’s financial credibility and repositions it as one of Africa’s most attractive destinations for investment.
The FATF grey list identifies countries with gaps in anti-money laundering and financial transparency controls.
Exiting the list signals improved financial governance, reduces perceived investment risk, and reassures global investors of Nigeria’s commitment to international financial standards.Reacting to the development, the Director-General of the ICRC, Dr. Jobson Oseodion Ewalefoh, said the decision reflects the economic stability and reforms being driven under the leadership of President Bola Ahmed Tinubu.
He also acknowledged the role of key institutions such as the Nigerian Financial Intelligence Unit (NFIU), Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Ministries of Finance and Justice, among others, in strengthening the compliance framework and attaining the feat.
According to him, the delisting is expected to “trigger a renewed influx of private capital into Nigeria’s infrastructure space,” particularly in efforts to close the country’s well-documented infrastructure financing gap.
“Nigeria now carries a cleaner financial risk profile. This means lower risk premiums, easier cross-border transactions, and stronger investor confidence,” he said. “For us at the ICRC, this directly supports our mission to attract innovative financing that will help bridge Nigeria’s infrastructure gap.”
“Nigeria’s clean financial bill means lower risk premiums, smoother cross-border transactions, and renewed investor confidence,” Dr. Ewalefoh said. “It directly strengthens our mission at ICRC to attract innovative financing that bridges Nigeria’s infrastructure gap”
Nigeria’s infrastructure deficit, which is estimated at over $2.3 trillion, requires a sustained annual investment of about $100 billion until 2043. With renewed investor confidence following the FATF delisting, the inflow of new financing will fast-track efforts to close this gap through well-structured Public-Private Partnerships (PPPs) and other private sector-driven financing models.
The ICRC believes this milestone will serve as a magnet for institutional investors, impact funds, and global financiers seeking credible, transparent, and rewarding investment opportunities in Nigeria’s infrastructure space.
Since assuming office, President Bola Ahmed Tinubu’s policy direction has brought about the repositioning of the ICRC for efficiency and impact. Under this leadership, the ICRC has streamlined PPP processes to fast-track project delivery, secured and implemented Presidential approval for new project approval thresholds of ₦20 billion and ₦10 billion for MDAs to accelerate smaller projects, and issued a comprehensive regulatory framework providing clear, step-by-step guidelines from project conception to hand-back.
The Commission calls on both local and international investors to leverage this historic opportunity to partner with the Nigerian government in developing transformative infrastructure projects across key sectors — transportation, power, water, healthcare, and technology.
“Nigeria is open for business like never before,” Dr. Ewalefoh affirmed. “With FATF’s delisting and our strengthened PPP framework, the stage is set for a new wave of infrastructure investment that will redefine Nigeria’s economic landscape.”
NEWS
Paul Enenche, Wife Train, Empower 100 People in Mechanized Agribusiness
By David Torough, Abuja
The founders and Senior Pastors of Dunamis International Gospel Centre (DIGC), Dr. Paul and Dr. (Mrs.) Becky Enenche, have successfully trained and empowered 100 individuals in agribusiness as part of their commitment to youth empowerment, entrepreneurship, and economic development.
Dr.
Paul Enenche made the announcement during the church’s Thanksgiving and Testimony Service on Sunday, highlighting the initiative as a strategic effort to promote self-reliance and agricultural productivity.According to the cleric, each beneficiary will be allocated at least one hectare of farmland to commence farming activities upon completion of the training programme.
He further disclosed that the beneficiaries will receive monthly stipends to support them until their agricultural produce is ready for harvest.Dr. Enenche noted that the training and empowerment programme represents a significant investment, with each participant’s training costing approximately ₦500,000.
The beneficiaries, who constitute Batch A of the Entrepreneurship Agribusiness Training Programme, graduated from the C.S.S. Farm and Skills Acquisition Centre located along the Keffi–Abuja Road. The entire programme was fully sponsored by Dr Paul,Dr (Mrs.) Becky Enenche and the church as part of their ongoing efforts to empower individuals with practical skills and sustainable means of livelihood.
The initiative reflects the church’s commitment to transforming lives through both spiritual and socio-economic empowerment.
NEWS
INEC Has No Candidates, Party – Amupitan
The Chairman of the Independent National Electoral Commission, Prof. Joash Amupitan, SAN, has reaffirmed the commission’s neutrality ahead of the 2027 general election, saying INEC has no candidate or political party to favour.
In a post obtained from INEC’s X handle on Sunday, Amupitan stated this during a visit to the Emir of Zazzau, Amb.
Ahmed Nuhu Bamalli, as part of the commission’s stakeholder engagement and preparations for the 2027 elections.The visit formed part of activities surrounding INEC’s planned interactive meeting with staff and readiness assessment at the zonal level.
The INEC chairman was accompanied by National Commissioners, the Acting Director-General of the Electoral Institute, his Chief Press Secretary, Chief Technical Assistant, Chief of Staff, Special Aides and other senior officials of the commission.
Amupitan described traditional institutions as important stakeholders in the electoral process because of their influence and reach within communities.
He said elections were fundamentally about the social contract between citizens and those entrusted with public office, stressing that public trust was essential to the success of democracy.
According to him, INEC has commenced preparations early because of the size and complexity of conducting elections across Nigeria.
He said the commission had moved away from last-minute preparations and was testing, auditing and strengthening its operational systems well ahead of the 2027 polls.
Amupitan assured the Emir that INEC remained committed to neutrality, fairness and transparency in the conduct of elections.
“We have no candidates, we have no political party, we have no interest other than the sovereign will of the people of Nigeria,” the INEC chairman said.
He added that the commission would continue engaging traditional institutions and other stakeholders as it intensifies preparations for the 2027 General Election.
NEWS
Rabies Scare: Suspected Infected Dog Bites 18 in Kano
The Nigerian Forest Security Service (NFSS), Kano State Command, has deployed personnel to Garko Local Government Area to track and contain dogs suspected to be infected with rabies.
The service said the suspected rabid dog had bitten 18 people in Garko and its environs.
The NFSS State Commander, Abdullahi Al’ameen, disclosed this in a statement signed by the Public Relations Officer of the service, Usman Abdullahi-Umar, on Sunday in Kano.
Al’ameen said: “The command received a distress report at about 2 p.m. that a dog suspected to be rabid has attacked residents in Garko town.
“The dog has so far bitten 11 persons in Garko town before moving to neighbouring communities, including Raba, Kadage, Gurjiya and Dausai.
“It has also attacked and bitten seven additional persons in the affected communities.”
The commander further explained that they had received another report that two more dogs had been infected with rabies in the area.
Al’ameen said personnel of NFSS Garko Division, under the leadership of the Divisional Forest Officer, Auwalu Muhammad, had been deployed to the affected areas to track and contain the infected dogs.
He urged residents of Garko and neighbouring communities to remain vigilant and report sightings of stray or suspected rabid dogs to the nearest NFSS office or other security agencies.
The commander also advised residents who might have been bitten by suspected rabid dogs to seek immediate medical attention.
Al’ameen assured residents that the NFSS would continue to monitor the situation and take necessary measures to prevent further attacks.(NAN)


