NEWS
I’m pro-business, Tinubu tells Airtel Chairman
President Bola Tinubu, on Thursday, said the telecoms sector’s regulatory framework and operations would be reviewed to reflect global best practices, with a greater focus on protecting infrastructure.
Tinubu spoke at a meeting with an Airtel delegation led by Mr Sunil Mittal, Chairman, at the State House.
“I am pro-business, and I will continue to be that.
I can give you that assurance.“The entire ecosystem will be further examined, and if there is anything we can copy from India, we are ready to do so. We are prepared to learn.
“It is for the good of all of us, and Nigeria is so critically important that we must give attention to those revolutionary intentions that can make business work,” he said.
The President noted that the tax reforms would create a more favourable climate for investors.
He said his administration would find a way to work with tax administrators to encourage growth and opportunities.
Mr Bosun Tijani, the Minister of Communication, Innovation, and Digital Economy, thanked the President for consistently supporting the telecoms sector’s growth.
Tijani said the approval by the President for the protection of fibre optic and undersea cables would further stimulate growth in the industry, assuring that the Office of the National Security Adviser (NSA) had started implementing and enforcing the law.
Mittal commended the President for the two-pronged economic reforms that had transformed the economy for future growth.
“When you took office, you made some promises. Given the country’s situation, I was unsure how deep and far you could take your commitments.
“I am, indeed, reminded of 1991, when India was in a similar situation, and we were practically on our knees, having pledged 500,000 tons of gold to the Bank of England, and our vessel in Tokyo had been put up for sale.
“During that time, the Prime Minister and his team took similar reforms to what you are taking now in Nigeria, and India has never seen better times after that,” he said.
He said the duties went down, the rupee was floated, and it depreciated significantly. “Relicensing happened, and it was the dawn of a new world in India. We just moved forward,” he said.
Mittal said the reforms turned India into one of the largest economies in the world.
“I feel that what you have done here is unprecedented in a challenging time. Only people of resolve and steel can endure this huge pressure, floating the naira, which moved from N450 to about N1900 and is now coming back to N1400 to N1500.
“It has been a remarkable achievement celebrated by the entire world. This was much required, and you delivered on your promises,” the Airtel Chairman told President Tinubu.
He also commended the removal of the petrol subsidy.
“The second one was the removal of subsidy, which was a very tough decision for any politician. It was unpopular and difficult, but you held your position, knowing fully that not doing it would not help the country.
“You have taken a long-term position. It is my belief and hope that you have created a legacy for yourself. Your first term as President will mark a watershed in the development of your country.
“This will be a turning point, and I would like to commend you for having held a firm position and taken the country forward,” he added.
Mittal said more Nigerians should be encouraged to invest in the country, particularly those with huge financial portfolios abroad.
“I have been speaking to people in Nigeria, friends and business people, and they are all now feeling calm, and when they start to get back, they will move very fast. I have experienced this in India,” he stated. (NAN)
NEWS
Security Guard Allegedly Abducts Employer’s Children in Minna
From Dan Amasingha, Minna
A businessman, Alhaji Danjuma, resident in the Brighter Area of Minna, Niger State, has appealed for prayers and public support following the alleged abduction of his two children by a security guard employed in his household.
The incident reportedly occurred on Sunday while the businessman was away from home.
Speaking via telephone from the Kingdom of Saudi Arabia, where he is currently observing religious activities, Alhaji Danjuma told journalists that the security guard, described as a Fulani man, allegedly took the children away on a motorcycle that had been provided for his use.
According to the distraught father, the guard informed members of the household that he was taking the children out to celebrate the Eid festivities and would return shortly.
However, when several hours passed without any sign of the children or the guard, concern grew among family members.
“The children left with him in the afternoon, but when evening came and they had not returned, we became worried and began searching for them,” Alhaji Danjuma said.
Family members reportedly visited several hospitals within Minna, fearing that the children and their caretaker might have been involved in a road accident.
Their search, however, yielded no results even as people gathered to discuss the strange development.
The situation took a more alarming turn later that evening when Alhaji Danjuma allegedly received a phone call from unidentified individuals who claimed to be holding the children.
According to him, the callers stated that they were in the Erena forest area of Shiroro Local Government Area and demanded money in exchange for the release of the children.
The development has heightened fears that the children may have been kidnapped, although details surrounding the incident remain unclear.
Alhaji Danjuma has since appealed to the public to join him in prayers and support efforts aimed at securing the safe return of his children.
“I am appealing to everyone to pray for us and for God to intervene so that this situation will end peacefully,” he said.
As of the time of filing this report, there was no official statement from security agencies or the Niger State Government regarding the alleged abduction.
Efforts to obtain confirmation from relevant authorities were unsuccessful.
The incident adds to growing concerns over insecurity and kidnapping activities in parts of Niger State, particularly in communities bordering forested areas often linked to criminal operations.
Authorities are expected to provide further information as investigations continue.
Foreign News
DR Congo Reopens Bunia Airport after 10-Day Closure amid Ebola Outbreak
Authorities in the Democratic Republic of Congo (DRC) have reopened the main airport in Ituri Province, the epicentre of the country’s ongoing Ebola outbreak, after a 10-day suspension of commercial flight operations.
The airport in Bunia, the capital of Ituri, resumed operations on Tuesday following the implementation of health and safety measures aimed at containing the spread of the disease.
The DRC is currently battling a major outbreak of Ebola, a highly contagious haemorrhagic fever that is suspected to have claimed at least 246 lives in the country and neighbouring Uganda, according to the Africa Centres for Disease Control and Prevention.
On May 23, authorities halted all commercial flights to and from Bunia Airport in eastern DRC, a region already affected by armed conflict. During the closure, only humanitarian and medical flights were permitted to operate.
Health Minister Samuel Roger Kamba said the temporary shutdown was necessary to allow authorities to introduce measures designed to safeguard travellers and limit the risk of transmission.
Announcing the reopening on Tuesday, the transport ministry said an assessment of the outbreak response and monitoring systems had been conducted.
“Conditions are now in place for a gradual and safe resumption of flights.”
The government said the reopening would be carried out progressively while health authorities continue efforts to contain the outbreak.
NEWS
Cardoso Re-assigns Deputy Govs, Ikeazor Takes over Policy Directorate
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has re-assigned all four deputy governors of the institution.
The new responsibilities announced Monday night have seen Philip Ikeazor taking over the policy portfolio from Dr.
Muhammad Abdullahi.Dr.
Abdullahi moved from the Economic Policy Directorate to head Corporate Services.Emem Nnana Usoro leaves corporate services to supervise operations.
Lamido Yuguda was transferred from Operations to the Financial System Stability Directorate.
The CBN did not state reasons for the redeployment.
The bank said such changes were “to make use of the experience of senior officials in different areas of responsibility and to support evolving institutional priorities.” (NAN)


