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Strike: FG Okays 30 Days Implementation of MoU with Labour

The Federal Executive Council, FEC, on Wednesday approved a 30 day implementation plan for the Memorandum of Understanding, MoU between the Federal Government and the Organized Labour.
The government also is taking a decision against any external interference in unions activities by external bodies.
This is as the Minister of Labour and Employment, Simon Lalong alongside the Minister of State, Nkeiruka Onyejeocha have met with the factional leaderships of the National Union of Road Transport Workers, NURTW.
Briefing State House correspondents at the end of the Federal Executive Council, FEC, presided over by President Bola Tinubu, at the Council Chamber, Presidential Villa, Abuja, Lalong said a Memorandum was presented to the council on the implementation of the agreement with labour.
He said, “We presented a memo from the Federal Ministry of Labour and Employment and the memo was basically on the agreement between government and the labour. You are already aware that 15 items are parts of the agreement.
“But we went beyond mere agreement, we told them that something different this time is happening because one, part of the agreement is to file it in the court of law which we have set the process already.
“And the other one was the presidential approval. There cannot be any presidential approval more than the Federal Executive Council. So we presented them to the Federal Executive Council. We analyzed each and every aspect of the agreement and to show the genuineness and also provide for harmonious and good industrial relationship and that was why it was presented and it was approved for implementation.
“It was agreed that within 30 days, there must be evidence of implementation and that was the basis of presenting to the Federal Executive Council the memo and the Federal Executive Council also approved it and within this 30 days, we will go on with the implementation of the agreement between labour and government.”
Fielding on the item six of the MoU which was the government alleged interference in the activities of the democratically elected leadership of the National Union of Road Transport Workers, NURTW and the mandate to him (Lalong) to resolve the crisis in the union on or before October 13, the Minister said he had already met with the various factions
He said, “Item six in the MoU is about interference specifically with issues that were about road transport workers. Immediately the next day, we embarked on meetings between the two organisations.
“As of today, they have already reached out and have concluded that of Road Transport Employers Association of Nigeria, RTEAN, today they are making a report to the ministry about their agreement because they went into agreement too and we are also going to get back to their parent association.
“The next one is the NURTW. Last week we were with them. Of course if some of you were there, you knew why we postponed it, I reminded them that we are keeping to the date of the agreement but they said they cannot strictly keep to the date because it is very important to them that we realized the aim. So we shifted the meeting till tomorrow. Today, we are going to get the report, by tomorrow we will fix a meeting.
“The reason why we presented these items to the Federal Executive Council is for them to note and approve that after these things we will not want to be tolerating interference into union activities.”But those that are pending are within the Federal Ministry of Labour and Employment. Our own is to dispense with conflicts and we are going to continue to do that and these two items we have mentioned, were really the particular things they hammered on when we met. By God’s grace in the next few days, those ones are going to be sorted out.”
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NDLEA Arrests Drug Kingpin after Three-year Manhunt

By David Torough, Abuja
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a notorious drug kingpin, Sunday Ibigide, in Delta State, three years after he went into hiding. The 36-year-old suspect was nabbed while attempting to distribute 250 blocks of cannabis (skunk) weighing 138 kilograms, using his distribution bus.
According to NDLEA spokesperson Femi Babafemi, Ibigide had been on the run since March 19, 2022, when he was linked to a seizure of 24. 137kg of cannabis and 10 grams of molly. He was eventually apprehended on August 10, 2025, along with an accomplice, Clement Osuya (27).In a separate operation, NDLEA agents, supported by the military and local vigilantes, raided three cannabis farms in Enugu Ezike, Enugu State. The operation led to the destruction of 37,500kg of cannabis grown across 15 hectares and the arrest of six suspects. An additional 74.5kg was recovered for prosecution.Still in Enugu, patrol officers on August 16 intercepted 20,700 pills of tramadol and cocodamol from one Emmanuel Ayogu (53) and arrested two others, Nsubechukwu Achidde (24) and Osiaja Frank (41), with 27.6kg of skunk at New Market.In Lagos, operatives arrested a mother and son duo, Muyibat Mumuni (52) and Faruk Mumuni (25), with 298 blocks of “Ghana Loud” cannabis weighing 149kg at Mushin on August 13. Another suspect, Emmanuel Samuel, was caught in Ajah, Lekki, with 8.5kg of Canadian Loud.In one of the largest interceptions this year, NDLEA at Onne Port, Rivers State, recovered 875,000 bottles of codeine syrup (worth over N6.1 billion) and 3.5 million pills of tramadol and benzhexol (valued at N1.7 billion) during a joint examination of five containers with Customs and other security agencies on August 13 and 14.Other major operations included: Edo State: 432kg of cannabis recovered along Warake–Auchi Road, and 130kg seized in Sobe, Owan West LGA.Kano State: Two suspects, Tahiru Manga (25) and Ibrahim Audu (47), caught with 92kg of cannabis on Zaria–Kano Road.Gombe State: 128,000 tramadol capsules seized from Sani Mohammed (32) on August 11.Kogi State: 337,800 tramadol capsules recovered from a commercial bus driven by Sulaiman Oyedokun (47).Taraba State: 11,250kg of cannabis destroyed in Tanmiya forest on August 12; 29,840 tramadol capsules seized in Wukari.Kaduna State: Four suspects arrested with 22,640 tramadol/rohypnol pills and 111.1kg of cannabis.Lagos–Badagry Highway: 4,320 ampoules of ketamine injection intercepted on August 11, with one suspect, Akeem Adegun, arrested.Meanwhile, the agency intensified its War Against Drug Abuse (WADA) campaign through outreach to traditional rulers, including former Head of State Gen. Abdulsalami Abubakar, the Emir of Borgu, Emir of Lafia, and Shehu of Borno.NDLEA Chairman/CEO, Brig. Gen. Mohamed Buba Marwa (Rtd), praised operatives across Delta, Rivers, Enugu, Lagos, Kogi, Kano, Edo, Gombe, Taraba, Kaduna, and Seme Commands for their commitment. He urged continued vigilance and adherence to the agency’s balanced approach to drug control.COVER
SEC Holds Summit on Municipal Bonds, Sukuk, Sept 29

By Tony Obiechina, Abuja
The Senate Committee on Capital Markets and Institutions in collaboration with the Securities and Exchange Commission is set to hold a national stakeholders summit on Municipal Bonds and Sukuk for Local Government Infrastructural Development next month.According to the Chairman, Senate Committee on Capital Market and Institutions, Osita Izunaso, the summit themed “$1 Trillion Nigerian Economy: Infrastructure Financing through the Capital Market”, scheduled for September 29, in Uyo, will bring together key players from government, regulators, investors, and the private sector to explore how municipal bonds and Sukuk can unlock new funding for roads, healthcare, housing, water, education, and transport at the local government level.
These instruments, Izunaso stated, offer sustainable, market-based alternatives to traditional funding and have been successfully deployed globally.The Chairman stressed that empowering local governments through the capital market will reduce reliance on federal allocations, promote fiscal independence, create jobs, and accelerate Nigeria’s progress toward a $1 trillion economy.Also commenting on the workshop, Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama stated that Nigeria’s infrastructure gap demands capital market solutions like bonds and Sukuk which provide long-term funding with stable investor returns.He said, “Infrastructural gap in Nigeria can be met effectively through Capital Market Funding adding that the summit is one of the ways to create awareness for stakeholders on some of the benefits of municipal bonds and sukuk among others”.According to the SEC DG, bonds are essentially long-term debt instruments in any structured economy geared primarily to guarantee access to potential resources for the government or company’s infrastructure / developmental purposes and also provide an outlet for investors to enjoy stable returns.Agama stated that the Nigerian bond market has become more popular as the same is being embraced by Governments and corporate institutions to raise funds for crucial projects and business expansion/working capital requirements respectively.“In view of the paucity of revenue to finance necessary developmental infrastructure and services in the country in recent times, the government at all levels need to take advantage of the opportunity available in the capital market through the issuance of bonds to access funds for developmental purposes” he stated.The summit’s primary goal is to explore how Nigeria can build a robust municipal bond and Sukuk market to support local government infrastructure.By gathering key stakeholders from the public and private sectors, the summit will aim to: Educate stakeholders about the benefits and potential of municipal bonds and Sukuk as effective financing tools for local governments: Identify and address challenges faced by local governments in accessing capital markets for infrastructure financing.The event also seeks to create a comprehensive strategy for developing a well-functioning municipal bond and Sukuk market in Nigeria that is adaptable to the country’s local government framework and Promote collaboration among government agencies, financial institutions, investors, and other market participants.This will help to create a sustainable financing ecosystem for local governments and provide actionable policy recommendations and regulatory reforms that would enable and facilitate the issuance of municipal bonds and sukuk by local government.COVER
APC Dominates By-elections as Tinubu Praises Winners, INEC

The All Progressives Congress (APC) has emerged the biggest winner in Saturday’s by-elections, clinching 12 out of 16 seats contested across 12 states, according to results released by the Independent National Electoral Commission (INEC).The elections, held to fill vacant seats in federal and state assemblies, saw the All Progressives Grand Alliance (APGA) secure two victories in Anambra, the Peoples Democratic Party (PDP) retain a seat in Oyo, while the New Nigeria Peoples Party (NNPP) won in Kano.
President Bola Ahmed Tinubu congratulated all winners, commending INEC for conducting what he described as largely peaceful and credible polls. He also praised APC’s new National Chairman, Prof. Nentawe Yilwatda, for delivering the party’s first major electoral triumph under his leadership.“Chairman Nentawe Yilwatda has demonstrated capacity and unity of purpose. Our Renewed Hope agenda is not just a slogan, it is a promise of a more secure and prosperous Nigeria,” Tinubu said in a statement signed by his spokesman, Bayo Onanuga.However, the elections were not without controversy. Both APC and PDP demanded cancellations in parts of Kano over alleged irregularities, while PDP chapters in Edo and Jigawa outrightly rejected APC’s declared victories, citing vote-buying, intimidation, and alleged sabotage of the Bimodal Voter Accreditation System (BVAS).Despite disputes, APC leaders, including governors in Edo and Kaduna, described the outcome as a reflection of growing confidence in Tinubu’s government and state-level leadership.INEC has declared elections in parts of Zamfara and Enugu inconclusive, leaving some contests yet to be decided.