NEWS
NSTIF, BPE Collaborate on SMEs Growth
By Mike Odiakose, Abuja
Nigeria Social Insurance Trust Fund (NSITF) and the Bureau of Public Procurement (BPP) have announced a series of strategic initiatives to foster the growth and development of Small and Medium Enterprises (SMEs) across Nigeria.
This partnership was made known during a courtesy visit to BPP’s new Director General, Adebowale Adedokun, by NSITF’s Managing Director, Oluwaseun Faleye in Abuja.
The meeting underscored the commitment of both organizations to stimulate SMEs’ participation in open competitive bidding for contracts, thereby promoting transparency and inclusivity in public procurement processes.
Adedokun stated that the NSITF has a crucial role to play in the vision of the BPP to democratize access to public procurement opportunities for small businesses.
He also emphasized the importance of adjusting procurement policies to be more accommodating to SMEs, citing successful models being operated in Kenya, Tanzania, and Rwanda that support participation from diverse business owners including women and persons with disabilities.
He said the NSITF is a pivotal organization that can champion the adoption of open competitive bidding among stakeholders, adding that by promoting fair competition, small business owners can be empowered to participate, thereby increasing revenue and fostering trust among Nigerians in the system.
“Are there ways to do it through our processes? Are there waivers?
These are the things I want to put on the table, we are going to work on this together.
In response, NSITF Managing Director, Oluwaseun Faleye, highlighted the proactive measures already taken by NSITF to engage with stakeholders in the informal sector and enhance their participation in the economy.
“We are committed to implementing open competitive bidding by 2025 and are adjusting our processes to ensure SMEs can compete effectively for contracts,” said Faleye.
He also noted ongoing efforts to tailor compliance requirements for small businesses and extend social security nets across Nigeria.
Faleye further stated that the fund was currently developing a tiered contracting system, which will categorize contracts by size and reserve specific opportunities for small businesses in order to ensure their active participation.
“This inclusive approach will provide opportunities for businesses of all sizes, including large, medium, small enterprises, as well as specialized groups such as women-owned businesses.”
The two organizations also agreed on joint media campaigns to educate Nigerians on the benefits of the Employees’ Compensation Scheme and the transparency procurement initiative of the BPP while also pledging to support each other in areas such as Information and Communication Technology (ICT) security and manpower training.
This partnership marks a significant step towards creating a more inclusive and transparent procurement environment in Nigeria, enabling SMEs to contribute more significantly to national economic growth.
NEWS
Customs, American Business Council Deepen Trade Collaboration
By Tambaya Julius, Abuja
The Nigeria Customs Service (NCS) and the American Business Council (ABC) have reaffirmed their commitment to strengthening trade relations and addressing bottlenecks affecting business operations through sustained public-private sector engagement.
The resolution was reached during the quarterly meeting held on 16 June 2026 at the Service Headquarters in Abuja, where discussions centred on improving trade facilitation, enhancing security, and promoting stronger economic ties between Nigeria and the United States.
Speaking during the meeting, the Comptroller-General of Customs (CGC) Adewale Adeniyi stressed the importance of regular consultations with stakeholders, noting that the engagement would be institutionalised as a permanent feature of the Service’s calendar.
“It is our intention that we will institutionalise this as a permanent feature of the Customs calendar because of the importance we attach to this kind of engagement,” Adeniyi said.
CGC Adeniyi also briefed participants on developments in key trade facilitation initiatives, including the Advance Ruling system, the Authorised Economic Operator (AEO) Programme, Post Clearance Audit, the B’Odogwu platform, and ongoing improvements in scanning integration and cargo clearance procedures aimed at enhancing operational efficiency.
Members of the American Business Council welcomed the reforms and commended the Service’s efforts, while also calling for quicker mechanisms to address outstanding challenges affecting businesses.
President of the American Business Council, Nneka Enwereji, described the meeting as productive and praised the Customs leadership for its commitment to improving the ease of doing business in the country.
“This session has been phenomenal and demonstrates your commitment to improving ease of doing business. You have raised the bar, and there is a lot that can be learned from this,” she said.
NEWS
NCS, UAE Customs Foil Tramadol Smuggling Attempt
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.
NEWS
Police Detain Actor Ugezu Ugezu for Defamatory Facebook Post against Prince Daniel Kanu
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.


