NEWS
Kogi Disburses N316.5m Bursary Allowance to 8,750 Students

From Joseph Amedu, Lokoja
The Kogi State Government has commenced the disbursement of bursary scholarship support of over N316 million to 8,750 undergraduate students who are indigenes of the state in tertiary institutions across the country.
Our Correspondent reports that out of the 8,750 verified students, 8,549 undergraduates would get N30,000 each, while 201 Law students would get N300,000 each, being disbursed under the Kogi State Scholarship Board (KSSB).
Gov. Ahmed Ododo, who flagged off the disbursement over the weekend at the Government House Lokoja said the significant investment in education was aimed to alleviate financial burdens and empower students to focus on their academic pursuits.
The governor, who was represented by his Deputy, Joel Salifu, said Kogi now has an Education Law mandating substantial government support for education, saying Education is not just a privilege; it is a right.
“When our children are educated, the state benefits immensely from their contributions to development.
“Today, we are disbursing N30,000 to each of the 8,549 undergraduates captured in this year’s bursary scheme, worth N256.47 million.
“Additionally, we are providing N300,000 to each of our 201 students at the Nigerian Law School worth N60.3 million.
“This initiative will cost the state over N316 million, but it is a necessary investment in our future. I assure you that this disbursement will become an annual event under my administration.
“As part of our commitment to promoting excellence, my administration will implement a policy of granting automatic employment to the best graduating students from all tertiary institutions in the state.
“This initiative will reward hard work and inspire others to strive for excellence.
“To my dear students: the future of our state belongs to you, and we cannot plan it without your active involvement. I urge you to join us in conversations and actions that drive Kogi State’s development.
“My administration will listen to you, collaborate with you, and create an environment where you can excel.
“We are not just working to make Kogi the industrial capital of Nigeria but also the epicenter of excellence in the digital economy. We are doing our part—please do yours,” Ododo said.
The governor warned the students against unholy behaviors, emphasising that cultism and other social vices have no place in their tertiary institutions.
He added: “the investments we are making in education are designed to give you the best opportunities to succeed.
“Stay focused on your studies, shun distractions, and remember that your success is the greatest reward for our collective efforts”.
The governor commended President Bola Tinubu, for his unwavering commitment to education, adding that the established Student Loan Initiative was already transforming lives and represented a significant step toward national educational excellence
In his remarks, the state’s Commissioner for Education, Wemi Jones, commended the governor for building on the solid foundation laid by his predecessor, Alh Yahaya Bello in prioritising education.
Jones stressed that Ododo’s approval of bursary and scholarships would impact the lives of Kogi students, by transforming their educational journey and empowering them for a brighter future.
The Executive Chairman, Kogi State Scholarship Board (KSSB), Afolabi Joseph-Raji, appreciated the governor for the gesture, saying it would significantly alleviate the financial burden on parents and have a profound impact on the lives of Kogi students.
Joseph-Raji encouraged the students who were not verified due to incomplete application, to always endeavor to upload their documents and other mandatory requirements such as BVN and NIN in the subsequent registration.
He stressed that Governor Ododo has given a significant boost to education in Kogi State by approving 1.5 billion naira for the state’s bursary and scholarship board. This investment aims to transform the education sector and provide much-needed support to students.
The KSSB chairman also added that the governor has also increased the bursary allowance for undergraduate students from N10,000 to N30,000. Additionally, Law students from Kogi State will receive a 60 per cent increase in their bursary, bringing it to N300,000.
He further explained that Governor Ododo has approved a significant scholarship fund for students in Kogi State. Specifically, 14 students from higher institutions across the state will each receive N1.7 million, totaling N23.8 million.
Jeremiah Elukpo, the National President, National Association of Kogi State Students (NAKOSS), who spoke on behalf of the beneficiaries, thanked the governor for the gesture and prioritising quality education in the state.
Foreign News
Israel Vows to Build Jewish Settlements, Rejects Macron’s Call for Palestinian State

“Do not threaten Israel with sanctions” as it will continue to build a “Jewish state” on the ground,” Israeli Defense Minister, Israel Katz, warned on Friday.He also rebuffed a call by French President Emmanuel Macron for establishing a Palestinian State.In open defiance of international law, Katz claimed that world powers may recognize a Palestinian state “on paper.
”Katz made the remarks during a visit to Sa-Nur, an illegal outpost in the northern West Bank that the Tel Aviv government recently decided to officially designate as a settlement for illegal Israeli settlers. In a direct message, Defense Minister Israel Katz targets French President Macron and European allies.He also dismissed the potential international consequences.He said: “They will recognise a Palestinian state on paper, while we will build the Jewish Israeli state on the ground.“Don’t threaten us with sanctions. You will not make us bow.“The State of Israel will not kneel before threats.”His comments came hours after President Macron stated that recognising the State of Palestine was a “moral duty”.Macron also reiterated that France may move toward official recognition during an upcoming international conference focused on the two-state solution.Earlier this week, Israeli newspaper Yedioth Ahronoth reported that the Israeli Security Cabinet had secretly approved the establishment of 22 new illegal settlements in the occupied West Bank.In response, the Israeli anti-settlement group Peace Now issued a statement Thursday, revealing that 12 of the newly approved settlements were previously unauthorised outposts and farming sites established in recent years.According to Peace Now, there are currently 156 illegal settlements and 224 outposts across the occupied West Bank, including East Jerusalem, with over 736,000 illegal Israeli settlers living on occupied Palestinian land.The international community, including the UN, considers the Israeli settlements illegal under international law.The UN has repeatedly warned that continued settlement expansion threatens the viability of a two-state solution, a framework seen as key to resolving the decades-long Palestinian-Israeli conflict.In July 2024, the International Court of Justice declared Israel’s decades-long occupation of Palestinian land illegal and demanded the evacuation of all existing settlements in the West Bank and East Jerusalem.(AA/NAN)NEWS
Stock Market Sheds N48bn Amid Sell-offs

The stock market on Friday closed the week on a bearish note, as key performance indicators dipped by 0.07 per cent.Specifically, the market capitalisation declined by N48 billion, or 0.07 per cent, to N70.462 trillion from N70.510 trillion recorded on Thursday.The All-Share Index also dropped by 0.
07 per cent or 76.07 points to close at 111,742. 01 down from 111,818.08 posted on Thursday. The decline was largely attributed to sell-offs in heavyweight stocks like Beta Glass, NCR Nigeria, Conoil, Legend Internet and 33 others.Also, the market breadth closed negative with 37 stocks declining against 28 gainers.On the flip side, Beta Glass declined by 10 per cent, closing at N232.65 while NCR Nigeria also lost by 10 per cent, finishing at N6.57 per share.Conoil dropped by 9.99 per cent, settling at N298.10 and Legend Internet fell by 9.94 per cent, closing at N6.16 per shareAlso, Industrial Medical Gases shed by 9.91 per cent, ending the session at N33.65 per share.On the gainers’ chart, Omatek grew by 9.86 per cent, settling at 78k while Red Star Express climbed by 9.62 per cent, closing at N8.32 per share.Deap Capital Management rose by 9.38 per cent, finishing at N1.05 and Sovereign Trust Insurance soared by 9.09 per cent, ending the session at N1.08 per share.May and Baker also increased by 8.26 per cent, closing at N11.80 per share.A total of 1.90 billion shares valued at N64.14 billion were traded across 18,653 transactions, in contrast to the 556.45 million shares worth N17.17 billion exchanged across 18,505 deals on Thursday.Transactions in the shares of United Bank for Africa topped the activity chart with 1.41 billion shares worth N49.02 billion.United Capital followed with 66.84 million shares valued at N1.32 billion while Access Corporation sold 53.97 million shares worth N1.19 billion.Fidelity Bank traded 31.38 million shares valued at N606.09 million and Zenith Bank transacted 29.93 million shares worth N1.46 billion. (NAN)NEWS
Customs Intercepts 39,425 Litres of Smuggled Petrol

The Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, said Operation Whirlwind intercepted 39,425 litres of petrol worth ₦39.4 million within Lagos-Ogun axis. Mr Adeniyi disclosed this on Friday at a news conference in Lagos, organised following recent petroleum product seizures by Operation Whirlwind at the Federal Operations Unit, Ikeja.
Represented by the National Coordinator of Operation Whirlwind, Asst. Comptroller-General Hussein Ejibunu, Adeniyi said it marked another milestone by operatives in the Lagos-Ogun axis. He attributed the success to officers’ dedication, commitment and resilience over the past year within the zone. Adeniyi said the Office of the National Security Adviser, NMDPRA, and Attorney General’s office all commended Customs’ efforts in intercepting smuggled petroleum products. He said, “On May 23, we were in Yola for a similar exercise where over 46,000 litres of seized PMS were auctioned. “Today, we are conducting another auction following seizures made at Laro, Imeko, Badagry, Owode, Ajilete, and other flashpoints.” He added that investigations confirmed the petrol was intended for smuggling into Benin Republic. A total of 1,577 jerrycans of 25 litres each — amounting to 39,425 litres — were seized, along with eight vehicles used for transportation. Adeniyi stated that the seized petrol had a duty paid value of ₦39.4 million, and the vehicles were valued at ₦24 million, totalling ₦63.4 million. He reiterated that there was no safe haven for smugglers, and Customs would continue disrupting illegal activities to the barest minimum. The CGC directed that the seized petrol be auctioned immediately to Nigerians in 25-litre jerrycans at ₦10,000 each. He thanked strategic partners—ONSA, the Attorney General’s office and NMDPRA—for their unwavering support and cooperation. Adeniyi added that the success of Operation Whirlwind was due to strong collaboration with these agencies. “Since Operation Whirlwind began in 2025, Customs officers have not fired a single shot, and four suspects are currently facing trial,” he said. Comptroller Charles Orbih, Zonal Coordinator, Zone ‘A’ of NCS, reaffirmed the service’s commitment to protect Nigeria’s economy and ensure policy benefits reach all citizens. He noted that every litre smuggled across the borders causes revenue loss, scarcity, market instability and weakens energy security. “Operation Whirlwind, launched by the National Security Adviser’s office, proves Nigeria Customs is capable of defending and securing the nation’s borders,” Orbih stated. Comptroller Muhammed Shuaibu, FOU Zone ‘A’, commended Customs Management for the success achieved during Operation Whirlwind. He said the seizure was a joint effort by officers committed to combating smuggling and protecting the nation’s borders. He added that the seizure would help revive the economy, and Customs would maintain its focus on revenue generation and supporting legitimate trade. Mr Patrick Musa, of the NSA’s Lagos Zonal office (NMDPRA), said the operation proved Customs’ competence in border protection. He noted that NMDPRA, mandated with petroleum distribution, would continue collaborating with Customs and other agencies to stop petrol smuggling. Mrs Abidemi Aluko, representing the Attorney General’s office, appreciated the CGC, Customs officers and partner agencies for curbing petrol smuggling. “This is not business as usual. Suspects are currently under investigation for illegal petroleum dealings and will face trial,” she said. Quoting relevant laws, she stated the offence carries a sentence of life imprisonment or a fine, including forfeiture of transport means. “The Federal Government remains committed to prosecuting and bringing to justice those involved in petrol smuggling,” Aluko added. She called on sister agencies and stakeholders to strengthen collaboration to fight economic sabotage. In his closing remarks, ACG Kola Oladeji thanked the CGC for his leadership and enabling environment that contributed to the operation’s success. Oladeji urged officers to stay committed and intensify efforts to enhance national security. (NAN)