Connect with us

NEWS

FG moves to renew stability, accelerate growth

Published

on

Share

By Tony Obiechina Abuja

The Federal Government has outlined its strategy for achieving renewed stability and accelerated growth, with a focus on private sector-led investment, job creation, and improved public services. Speaking at a media briefing in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Mr.

Wale Edun shared the government’s vision for a more prosperous Nigeria.
He stated that the government’s economic strategy is anchored on two interrelated objectives: achieving a stable macroeconomic environment that supports private sector growth and building stronger government savings and public investment in critical sectors such as education, health, and infrastructure.
This strategic approach, he explained, is designed to drive growth, create jobs, and improve public services.”Our task is to translate this into tangible improvements in the lives of Nigerians, through principally more jobs, and quality jobs that give higher incomes, and of course better public services”, Edun said.Despite global economic uncertainties, the Minister added that Nigeria’s economy is diversifying, with growth driven by sectors such as trade, communications, and construction. The minister noted that GDP growth reached 3.13% in Q1 2025, up from 2.3% in Q1 2024, while inflation moderated to 22.22% as of June 2025. Foreign exchange reserves stood at approximately $39 billion in July 2025.He informed that the government has also settled outstanding capital budget obligations and is prioritising spending on critical sectors. The government, he added, is targeting 7% annual GDP growth, driven by private investment, infrastructure expansion, energy security, and food production. Key initiatives include implementing policies to support private sector growth, investing in critical infrastructure, and promoting agricultural development.”Our fiscal discipline and structural reforms are designed to build investor confidence and position Nigeria for sustainable, inclusive growth”, the Minister said. “We are committed to a coordinated fiscal and monetary policy framework that can substantially and sustainably reduce inflation, enabling cheaper capital for businesses so they can invest, and of course, greater purchasing power for households”. Edun added.The Minister also highlighted the government’s commitment to building an economy that works for everyone, with a focus on transparency, resilience, and purpose.”Nigeria’s future growth depends on effective, honest, and targeted spending. We must ensure that public resources work harder for our people and our economy”, he emphasized.As the government continues to implement its economic reforms, it is expected that the economy will continue to grow and diversify, with a focus on private sector-led investment, job creation, and improved public services.With this strategic approach, the Federal Government is confident that Nigeria’s economy will achieve renewed stability and accelerated growth, improving the lives of Nigerians and positioning the country for a brighter future.

NEWS

NCS, UAE Customs Foil Tramadol Smuggling Attempt

Published

on

Share

By Tambaya Julius, Abuja

In collaboration with international partners, the Nigeria Customs Service (NCS) has foiled an attempt to smuggle a large consignment of Tap Tramadol 250mg through the Murtala Muhammed Area Command (MMAC).

The intercepted shipment was formally handed over to the National Drug Law Enforcement Agency (NDLEA) on Thursday, 11 June 2026, for further investigation and action.

Speaking during the official handover ceremony, the Customs Area Controller (CAC), Comptroller of Customs, Godwin Otunla, noted that the operation reflects the NCS’s sustained efforts to combat the trafficking of controlled substances that pose serious threats to public health and national security.

He commended the officers of the Special WILD Office of the NCS Intelligence Unit for their professionalism and timely intelligence, which played a critical role in the successful interception. He also praised the dedication and teamwork of officers and men involved in the operation.

The CAC further acknowledged the technical support and cooperation received from the United Arab Emirates’ Customs. “Their assistance was instrumental in identifying and intercepting this illegal shipment, further demonstrating the importance of international collaboration in the fight against transnational crime,” he said.

The CAC further reaffirmed the NSC’s commitment to strengthening inter-agency collaboration and intelligence-driven operations in the collective interest of national security.

Continue Reading

NEWS

Police Detain Actor Ugezu Ugezu for Defamatory Facebook Post against Prince Daniel Kanu

Published

on

Share

By David Torough, Abuja

Actor and social commentator Ugezu J. Ugezu, was detained by the Nigeria Police Force following an investigation into an allegedly defamatory social media publication in which he claimed that international businessman and philanthropist Prince (Hon) Daniel Kanu had been arrested, prosecuted and imprisoned in the early 2000s.

The investigation was triggered by a petition filed by Kanu on March 23, 2026, alleging that the Facebook publication contained false and malicious claims intended to damage his reputation.

The petition accused Ugezu of criminal defamation, cyberbullying and cyberstalking, prompting investigators at the Nigerian Cybercrime Centre (NCCC) in Abuja to invite the actor for questioning.

According to our sources, Ugezu honored an invitation from investigators at the NCCC in Abuja on June 3, 2026, where he was questioned over the source of the claims contained in his Facebook post.

During the interrogation, Ugezu allegedly told investigators that the information had been obtained from the internet. However, he was reportedly unable to provide any credible or verifiable source to substantiate the claims when pressed by investigators. He also reportedly stated his intention to apologize to Kanu for the false publication once he was released from police detention, adding that his objective in publishing the post was to advise young people to make responsible life choices.

Police subsequently detained Ugezu after questioning him.

According to accounts from a source that preferred anonymity, the actor was later granted administrative bail, but had to be transferred to the detention facility of the Federal Criminal Investigation Department (FCID) after he failed to satisfy the conditions attached to his bail.

Sources close to the matter said that although Ugezu admitted authoring the false publication and later issued an apology following his detention, the statement stopped short of a clear retraction of the allegations or an unequivocal acknowledgment that the publication was false as he had previously admitted during police interrogation.

They maintained that the apology did not sufficiently repair the damage allegedly caused to Kanu’s reputation.As a result, Ugezu has been invited to report to the police in two weeks for further interrogation.

Those familiar with the matter said the action is intended not only to clear Kanu’s name but also to reinforce accountability for the publication of unverified allegations on digital platforms.

In an earlier statement responding to the controversy, Kanu categorically denied ever being arrested, charged, tried or imprisoned in Nigeria or any other jurisdiction. He described the claims circulated on social media as “patently false, malicious and defamatory” and insisted they were part of a deliberate attempt to destroy his reputation.

He also emphasized his record as an entrepreneur and philanthropist with investments and youth empowerment initiatives across Nigeria.

At the time of this report, neither Ugezu nor his representatives could be reached for comments on the investigation.

The dispute adds to growing concerns over the spread of unverified information on Nigeria’s social media space.The investigation remains ongoing.

Our source says the police have assured Prince Kanu that complaints of cyberbullying and related offences are taken seriously and will be thoroughly investigated.

They further stated that the outcome of the probe will determine whether additional legal or administrative steps will be taken in connection with Ugezu’s publication.

Continue Reading

Foreign News

 Delegates in China Denounce Xenophobic Attacks

Published

on

Share

African delegates attending seminars in China have condemned reported xenophobic attacks against foreign African nationals in South Africa and called for greater unity across the continent.

The delegates made the condemnation on the sidelines of training programmes organised by the Academy for International Business Officials (AIBO) under China’s Ministry of Commerce.

They described the reported attacks as disturbing and contrary to the ideals of Pan-Africanism, solidarity, and peaceful coexistence.

Yusupha Bojang of The Gambia’s National Council for Civic Education said Africans must see themselves as one people irrespective of colonial-era boundaries.

“We first have to recognise that in Africa we are all one. These boundaries are artificial creations. We should treat each other as brothers and sisters,” he said.

Bojang said frustrations over domestic challenges should not be directed at fellow Africans lawfully residing in another country.

“If you have any problem, it should be channelled to your government, not innocent citizens legitimately carrying out their activities,” he said.

He urged Africans to speak with one voice against xenophobia.

“We need to unite. When we see wrongs happening, we should all come out to condemn them because it can happen to anybody,” he added.

Also speaking, Jallow Gibbi, a journalist with Dunia Radio in The Gambia, said he was saddened by reports of Africans attacking fellow Africans.

“When I watched the news, I was embarrassed to see Africans fighting Africans. It is not humanitarian and it should not happen,” he said.

Gibbi called on African leaders and international organisations to promote peace and unity across the continent.

“We are all the same. One Africa, one people. We should unite and stay together,” he said.

He said information from Gambian diplomatic authorities indicated that no Gambian citizen had been reported affected, while advising nationals to remain vigilant.

Mr Richard Jombi James of South Sudan’s Ministry of Culture, Museum and National Heritage described African unity as essential to the continent’s progress.

“We are all Africans from the north to the south, east and west. We cannot attack ourselves. We are one Africa, one people,” he said.

Kawu Muhammed Lawan of Nigeria’s Federal Ministry of Arts, Culture, Tourism and Creative Economy said the reports were particularly troubling given the support many African countries provided during South Africa’s anti-apartheid struggle.

“Looking at all the efforts other African countries made to end apartheid in South Africa, it is embarrassing to witness hostility against fellow Africans today,” he said.

Lawan urged African leaders to take practical steps to protect citizens across the continent and strengthen regional integration.

Similarly, Emmanuel Nok, a legal practitioner with South Sudan’s Ministry of Culture, Museum and National Heritage, said Africans should reject violence and discrimination against one another.

“We feel hurt as Africans when we see fellow Africans being hunted by other Africans. We should condemn such behaviour because it goes against the spirit of African brotherhood,” he said.

Nok noted that many African countries host citizens from neighbouring states and stressed that peaceful coexistence remained vital for economic development and regional cooperation.

The delegates called on governments, regional organisations and civil society groups to promote tolerance, strengthen social cohesion and uphold the principles of African unity.

They also urged Africans to focus on common development goals, saying stronger cooperation would advance peace, prosperity and integration across the continent.

Continue Reading

Advertisement

Top Stories

NEWS6 hours ago

NCS, UAE Customs Foil Tramadol Smuggling Attempt

ShareBy Tambaya Julius, Abuja In collaboration with international partners, the Nigeria Customs Service (NCS) has foiled an attempt to smuggle...

NEWS6 hours ago

Police Detain Actor Ugezu Ugezu for Defamatory Facebook Post against Prince Daniel Kanu

ShareBy David Torough, Abuja Actor and social commentator Ugezu J. Ugezu, was detained by the Nigeria Police Force following an...

Metro2 days ago

Tinubu Visits Benue, Commissions Projects Tomorrow

ShareFrom Attah Ede, Makurdi Benue State is set to host the First Lady of the Federal Republic of Nigeria and National...

International Federation of Association Football (Fédération Internationale de Football Association) International Federation of Association Football (Fédération Internationale de Football Association)
SPORTS2 days ago

Fifa to Pay Somali Referee Artan Full World Cup fee

ShareSomali referee Omar Artan, who was denied entry to the United States to officiate at the World Cup, will still receive his full...

Foreign News2 days ago

 Delegates in China Denounce Xenophobic Attacks

ShareAfrican delegates attending seminars in China have condemned reported xenophobic attacks against foreign African nationals in South Africa and called for greater unity across the continent. The delegates made the...

NEWS2 days ago

Kogi Targets 240,000 Children for Schistosomiasis Mass Drug Administration

ShareFrom Joseph Amedu, Lokoja The Kogi State Government said it will reach over 240,000 children aged 5–14 years in 39 wards across 15 Local...

NEWS3 days ago

Anambra Urges Residents to Provide Information on Fake Pastors, Others

ShareFrom Sylvia Udegbunam, Enugu The Anambra State Government, under the leadership of Prof. Chukwuma Charles Soludo, has extended the “War Against Fake Native Doctors”...

NEWS3 days ago

Boat Mishap Kills 11 in Benue River

ShareFrom Attah Ede, Makurdi No fewer than 11 persons were Saturday night feared dead when a boat said to be conveying them...

NEWS3 days ago

Terrorism: After Gen Rabe’s Death, Buratai Warns of Darker Days Ahead

ShareBy David Torough, Abuja Nigeria’s deepening insecurity crisis has triggered fresh alarm across military, political and religious circles following the...

NEWS3 days ago

Black Sunday : Nigeria is bleeding – CAN

ShareBy Laide Akinboade Abuja The Christian Association of Nigeria (CAN), on Sunday, lamented the spate and incessant insecurity challenges across...