NEWS
Survey to Assess Effectiveness of FG’s Fight Against Corruption – NBS

By Tony Obiechina, Abuja
The National Bureau of Statistics (NBS) says its corruption survey is aimed at assessing the Federal Government’s fight against corruption.
The Statistician-General of the Federation, Prince Semiu Adeniran, said this at the Train the Trainers programme for the Third National Survey on Quality and Integrity of Public Services in Nigeria in Abuja on Monday.
According to reports, the survey, also called the Corruption Survey, is the third of its kind with the first two conducted in 2017 and 2019.
Adeniran who was represented by the Bureau’s Director of ICT, Mr Biyi Fafunmi, said the training was a significant milestone in efforts to collectively combat the scourge of corruption in Nigeria.
He said corruption had remained a formidable challenge as such the insights gathered would guide the country towards a more transparent and accountable future.
He said the outcome of the survey was not to castigate or point fingers at any individual or institution, but to make the necessary commitment to improving the quality of public service available to Nigerians.
“It is also to enhance the trust in the relationship between the citizens and public offices. This is an important hallmark of development in any society.
“This third round is being conducted in collaboration with the United Nations Office on Drugs and Crime (UNODC) and the MacArthur Foundation.
“The survey is not only important as a policy decision tool but also strategic and timely.
“The results will help assess the effectiveness of the efforts deployed by the government to tackle corruption, identify remaining gaps, and determine priority areas for future initiatives.
“It will also help the government craft future anti-corruption policies that are better designed, better targeted and thus more effective to tackle corruption in our society,” he said.
Adeniran said the survey focused primarily on understanding the experiences of corruption by Nigerians, rather than perceived corruption whenever they encounter public officials.
According to him, two new vital modules on gender and disability have been introduced to the instrument in the third round of the survey.
“As the third aspect of the survey, following the 2017 and 2019 rounds, we are presented with an opportunity to conduct a trend analysis of corruption experienced by households in the country.
“Thus, this round will seek to gain a deeper understanding of the differential impact of corruption on marginalised or typically excluded groups such as women, youths, and persons with disabilities,” he said.
Mr Musa Mohammed, NBS Director of Demography and Household Statistics, said a test run survey was carried out in Uyo and Nasarawa as a build-up to the main survey.
Mohammed, who is also the Project Director, said the trainers would review the questionnaires to be used for the survey, adding that 30 per cent of the numerators for the exercise were from the NBS.
“We will use this opportunity to build the capacity of the state Bureau of Statistics,” he said.
He said the survey of 2017 and 2019 showed a decline in the prevalence of bribery from 32.3 per cent to 30.2 per cent adding that it’s however at variance with the report of Transparency International.
The National Research Consultant, Prof. Adebisi Adeniran, said that the two previous surveys impacted on policy formulation in Nigeria and expects that the third round would look at trends and patterns of corruption in the country.
Princess Chifiero, Project Officer, Anti-Corruption, UNODC, said the focus was on an experienced-based corruption survey shared by citizens themselves rather than on perception.
She said the survey questionnaires were usually translated into the three Nigerian official languages and Pidgin English with 33,000 interviewers across the 36 states and the FCT.
Chifiero said that bribery refusal, gender dimension, items to measure disability and items to measure the location of bribery were new additions to the survey.
NEWS
Robust Capital Market Crucial for Nigeria’s Economic Prosperity- NGX Chairman

Chairman, Nigerian Exchange Group, Dr Umaru Kwairanga, says the Nigerian Capital Market has experienced exponential growth since he assumed office in 2022.He reiterated the group’s commitment to deepening Nigeria’s capital market in alignment with President Bola Tinubu’s vision of growing the nation’s GDP to one trillion dollars by 2030.
In a statement issued in Lagos, Kwairanga was said to have made the remarks while delivering a keynote address at the “For the Love of Our Country (FLOC) 2025” symposium, held at Bayero University Kano (BUK) on Friday. He spoke on the theme, “Reimagining Nigeria’s Economy for a Prosperous Future: Where We Were, Where We Are, and Where We Should Be in the Next Decade”.According to him, the All Share Index (ASI) rose from 48,837 basis points to 111,742 basis points, while market capitalisation grew from N26.375 trillion to N70.463 trillion by May 2025.He said that bond markets were included with total market capitalisation now at over N121 trillion.“This growth shows that we have more than doubled the indices of both our equity and bond markets in just over two years.“However, our goal is even more ambitious as we work towards making the capital market central to achieving a $1 trillion economy,”he said.Kwairanga emphasised the strategic importance of a robust capital market in financing long-term infrastructure, encouraging formalisation of businesses, and mirroring the nation’s true economic potential.He noted with concern that Nigeria’s market capitalisation remains less than 20 per cent of Nigeria’s GDP, compared to South Africa’s Johannesburg Stock Exchange which exceeds its national GDP.To address this, he outlined several initiatives being undertaken by NGX Group and its regulators, particularly the Securities and Exchange Commission (SEC), to enhance market transparency and efficiency.He said these include the dematerialisation of share certificates, resolution of unpaid dividend backlogs, and the recent reduction in clearing time for secondary market transactions to T+2.“We are working closely with regulators and stakeholders to make our market more accessible and attractive.”He said that major listings in the oil and gas sector, such as the planned sale of a stake in NNPC Ltd. and the anticipated listing of Dangote Petrochemicals, would significantly boost market capitalisation.He also spoke on digital innovation as a key driver of market participation, citing the launch of NGX Invest, a digital platform for primary market offers and financial literacy campaigns targeting youths, students, and members of the National Youth Service Corps (NYSC).The chairman revealed the ongoing engagements with institutional investors such as pension fund administrators and mutual funds.He also hinted on the development of sophisticated products like exchange-traded funds, derivatives, and ethical investment instruments.He highlighted efforts to integrate African capital markets through cross-border linkages that would allow investors in Nigeria to trade shares listed on exchanges in countries like Ghana and vice versa.In spite challenges such as declining disposable income, infrastructural deficits, and global economic headwinds, Kwairanga expressed optimism that these could be surmounted.“We are confident that Nigeria will have the broader, deeper, and more sophisticated capital market it deserves before the end of this decade,”he said. (NAN)NEWS
FCT Emergency Department Rescues Suspected Victim of ‘one Chance’ in Asokoro

The Federal Capital Territory Emergency Management Department (FEMD) says it has rescued a woman, who was forcefully pushed out of a moving vehicle in Asokoro, Abuja, on Friday.The department’s Head of Public Affairs, Mrs Nkechi Isa, disclosed this in a statement in Abuja.
Isa said that the incident occurred at about 4:30 p. m. at the Powerhouse Bus Stop Junction,Yakubu Gowon Crescent in Asokoro. According to her, eyewitnesses at the scene said the woman was pushed out of a moving vehicle suspected to be a robbery, by “one chance” operators.She described “one chance” as a criminal gang posing as commercial drivers with passengers, leaving one space (one chance) for an unsuspecting victim.Once they take off, the criminals dispossess the victims of their valuables and often throw them out of the moving vehicle.She said that the FEMD Search and Rescue Team was notified of the incident by the FCT Fire Service and immediately swooped into action.“On arrival at the scene, the team found the victim, identified as Khadija Salisu, unconscious but without visible physical injury.“She was promptly taken to the Asokoro District Hospital and is responding to treatment,” Isa said. (NAN)NEWS
Ministry Warns Public Against Fake Account

The Ministry of Foreign Affairs on Friday warned against the use of social media accounts by unscrupulous individuals spreading false information about its officials.The ministry’s spokesperson, Kimiebi Ebienfa, issued the warning in Abuja following the creation of a fake Facebook account in the name of Permanent Secretary, Amb.
Dunoma Ahmed. Ebienfa said, “This fraudulent account is being used to spread false information, promise contracts, solicit help, and offer enticing rewards to unsuspecting members of the public. “The Ministry firmly disassociates itself from this impersonation and urges the public to disregard any messages from the fake account, which is not an official channel. “It is important to clarify that the Permanent Secretary does not operate or own any social media account.” He advised the public not to engage with individuals or groups behind such fraudulent schemes, as they are deceptive and harmful. According to him, the ministry is working closely with security agencies and Meta, Facebook’s parent company, to investigate and shut down the fake account. Ebienfa reaffirmed the ministry’s commitment to transparency, integrity, and protecting citizens from fraudulent activities across all platforms. (NAN)